Price: $0.38959 -0.5205%
Market Cap: 57.22B 1.7709%
Volume (24h): 8.58B 0.4%
Dominance: 1.7709%
Price: $0.38959 -0.5205%
Market Cap: 57.22B 1.7709%
Volume (24h): 8.58B 0.4%
Dominance: 1.7709% 1.7709%
  • Price: $0.38959 -0.5205%
  • Market Cap: 57.22B 1.7709%
  • Volume (24h): 8.58B 0.4%
  • Dominance: 1.7709% 1.7709%
  • Price: $0.38959 -0.5205%
Home > Information news > Pepe Trading Volume Declines — Is a Correction About To Happen?

Pepe Trading Volume Declines — Is a Correction About To Happen?

Release: 2024/05/31 14:03 Reading: 973

Original author:Captain Altcoin

Original source:https://coinmarketcap.com/community/en/articles/66595a598616c7174a2bd428

Pepe Trading Volume Declines — Is a Correction About To Happen?

Meme Coins Surge, with Rollblock Expected to Follow Suit

The meme coin market has experienced tremendous growth this year, with analysts anticipating a market cap of $100 billion by year's end. Pepe's recent surge of over 100% has been mirrored by other popular choices like Floki and Bonk.

Amidst this surge, Rollblock has attracted attention by selling millions of tokens and attracting significant investments in its ongoing presale. Analysts suggest that Rollblock could emulate the trajectory of successful meme coins. Experts predict a potential 50x increase for the RBLK token in the coming months, making it a notable contender in the cryptocurrency landscape.

Rollblock's Price Surge and Potential to Hit $0.1

Similar to meme coins, Rollblock's price has experienced rapid growth within weeks of its presale launch. Its value has risen from $0.01 to $0.012, providing early investors with a substantial 20% return. The team's sales have generated over $550,000, contributing to the token's success.

Analysts speculate that RBLK's price could surge by 50x as rumors of its listing on major exchanges in Q3 gain traction. Such a listing could push the RBLK price to $0.1 in Q3, placing it alongside the top-performing meme coins.

Rollblock: Bridging CeFi and DeFi in Gambling

Rollblock is a GambleFi protocol that aims to address shortcomings in the $450 billion gambling industry. Its goal is to merge CeFi and DeFi elements, providing users with the best of both worlds. Leveraging blockchain technology, Rollblock ensures the permanence and immutability of all transactions.

The platform operates a fully licensed crypto casino games platform. A noteworthy feature is its profit-sharing model. Up to 30% of weekly revenue is designated for token buybacks, with half allocated to staking rewards and the other half burned to maintain price stability.

Other Meme Coin Highlights

Floki: Floki's recent token burn has removed over 15.25 billion tokens from circulation, driving its price towards bullish territory. Market data indicates a 72% increase in the past month and a 43% surge in the past week. The launch of a trading bot is seen as a positive development that could foster wider adoption. Analysts predict a potential 5x increase for Floki in June.

Bonk: Bonk has gained significant traction in the meme coin market, surging by 54% in the past month and showcasing a high level of dominance in its trading volume. Analysts predict a further increase to $0.000050 in June, as key market indicators continue to signal a buy position.

Pepe: Pepe has been a leading meme coin, having grown by over 125% in the past month. However, its trading volume has declined recently, leading to speculations of a potential correction. Nonetheless, some experts maintain optimism, forecasting a potential rise to $0.000021 soon.

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