Price: $0.29737 -17.5827%
Market Cap: 43.8B 1.3493%
Volume (24h): 10.17B 0%
Dominance: 1.3493%
Price: $0.29737 -17.5827%
Market Cap: 43.8B 1.3493%
Volume (24h): 10.17B 0%
Dominance: 1.3493% 1.3493%
  • Price: $0.29737 -17.5827%
  • Market Cap: 43.8B 1.3493%
  • Volume (24h): 10.17B 0%
  • Dominance: 1.3493% 1.3493%
  • Price: $0.29737 -17.5827%
Home > Information news > FOMO Alert: This New Viral Altcoin Gains Momentum As Whales Exit Meme Coins Like Dogecoin and Dogwifhat

FOMO Alert: This New Viral Altcoin Gains Momentum As Whales Exit Meme Coins Like Dogecoin and Dogwifhat

Release: 2024/12/20 13:08 Reading: 473

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/6764f3cf97116d56ddef5295

FOMO Alert: This New Viral Altcoin Gains Momentum As Whales Exit Meme Coins Like Dogecoin and Dogwifhat

Whales Abandon Meme Coins for Cutting-Edge Rollblock Presale

Recent reports indicate that whales have been exiting meme coins like Dogecoin and Dogwifhat in droves. Meme coins have shown subpar performance, and their upside potential has likely reached a peak after strong November gains. Both Dogecoin and Dogwifhat are currently down on a weekly and daily basis.

Rollblock Presale Gathering Momentum

Meanwhile, the Rollblock (RBLK) presale has raised $7.3 million to date. This pioneering GambleFi protocol aims to disrupt the $450 billion gambling industry by providing a decentralized solution that returns profits to players and investors.

Whales Fear Missing Out on Rollblock

Large investors are moving away from meme tokens toward presales like Rollblock due to its clear market proposition. Rollblock tackles centralized gambling, which retains all profits. It offers a wide range of gaming opportunities, including sports betting, didukung by a revenue share model.

Rollblock Tokenomics

  • Weekly repurchase of 30% of revenue to buy back $RBLK tokens
  • 60% of purchased tokens burned, promoting price appreciation
  • 40% allocated for staking rewards, earning token holders up to 30% APY

Dogecoin Disappoints

Initial enthusiasm surrounding Elon Musk's appointment as head of the Department of Government Efficiency boosted Dogecoin's price. However, it is unlikely to rise much further and is down 3% over the past week. Its upside potential remains limited compared to other coins.

Dogwifhat Faces Decline

Dogwifhat has performed even worse than Dogecoin, with a 14% drop last week and 8% in 24 hours. This decline occurred despite positive ecosystem news, including trading on Binance US. A whale recently offloaded $3.4 million worth of Dogwifhat tokens, recording a 9x profit.

Rollblock Emerges as Top Altcoin Alternative

Amidst market volatility, whales are migrating to presales like Rollblock that offer both early bird pricing and better price potential. Analysts predict a 100x or more increase in Rollblock's value after the presale ends in early 2025.

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