Price: $0.38417 0.0717%
Market Cap: 56.43B 1.7298%
Volume (24h): 8.08B 0.4%
Dominance: 1.7298%
Price: $0.38417 0.0717%
Market Cap: 56.43B 1.7298%
Volume (24h): 8.08B 0.4%
Dominance: 1.7298% 1.7298%
  • Price: $0.38417 0.0717%
  • Market Cap: 56.43B 1.7298%
  • Volume (24h): 8.08B 0.4%
  • Dominance: 1.7298% 1.7298%
  • Price: $0.38417 0.0717%
Home > Information news > Dogecoin (DOGE) and Shiba Inu (SHIB) are losing their appeal as traders seek out tokens with utility

Dogecoin (DOGE) and Shiba Inu (SHIB) are losing their appeal as traders seek out tokens with utility

Release: 2024/07/08 15:47 Reading: 736

Original author:ETHNews

Original source:https://coinmarketcap.com/community/en/articles/668b8f76e6f1e41f63385700

Dogecoin (DOGE) and Shiba Inu (SHIB) are losing their appeal as traders seek out tokens with utility

Rollblock: The Utility Token Surpassing Meme Coins in the Latest Bull Cycle

Every bull cycle introduces a new narrative for altcoins. In 2018, ICOs surged, while last cycle witnessed the rise of meme coins. However, the allure of Dogecoin (DOGE) and Shiba Inu (SHIB) is fading as investors seek tokens with tangible utility.

Rollblock is emerging as a game-changer, offering a genuine utility token that has advanced to Stage 3 of its presale. Analysts predict exceptional returns of 880% during the presale and a potential 100x surge upon launch on major exchanges.

Rollblock: Setting the Pace Beyond Meme Coins

As investors shift their focus from frivolous meme coins, Rollblock is gaining traction by offering a novel GambleFi platform. It seamlessly integrates the allure of traditional casinos with blockchain technology, ensuring fairness and transparency.

At the core lies the $RBLK token, facilitating transactions, payments, and interactions within the Rollblock ecosystem. Users can wager in popular table games and sports betting using the token.

Rollblock's passive reward system, a feature often neglected by blockchain platforms, is a major attraction for investors.

By staking $RBLK tokens, holders earn a consistent stream of passive income through the Hold-to-Earn program. The amount of tokens staked determines their share of the platform's weekly revenue.

In addition, Rollblock implements a strategic buyback and burn mechanism. The platform allocates a portion of its profits to repurchase and burn tokens, reducing the circulating supply and enhancing their scarcity, leading to potential value appreciation.

Dogecoin and Shiba Inu: Fading Appeal

Dogecoin has evolved from a whimsical creation to a major industry player. Its impressive surge in the previous cycle was largely attributed to endorsements and tweets from Elon Musk.

Despite its past glory, DOGE has faced volatility, and the narrative is shifting towards utility tokens.

Shiba Inu emerged in 2020 as a formidable rival to Dogecoin. However, it has witnessed a significant price correction, and investors are moving away from meme coins in search of tangible utility.

Conclusion

Dogecoin and Shiba Inu dominated the previous bull cycle, challenging skeptics. However, with investors seeking tokens that offer real value, their reign may be waning.

Rollblock enters the market at the opportune moment, providing a utility token with opportunities for passive income. Its presale, still in its early stages, presents a potential for substantial gains if analyst predictions of 880% during the presale and 100x post-launch prove even partially accurate.

Explore the exciting opportunities of the Rollblock (RBLK) Presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

This article was originally published on ETHNews.

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