The crypto space is evolving, and even the most prominent names are not immune to disruption when underperforming. Billionaire entrepreneur Mark Cuban has called out the defaulters – Dogecoin and Shiba Inu.
According to Cuban, who referred to meme coins as Rug Pulls, as the hype surrounding meme coins like Dogecoin and Shiba Inu cools, utility tokens like Rollblock (RBLK) will take over from them. Investors are jumping ships as they have seen a better opportunity in Rollblock as the next rising crypto.
Rollblock: A real threat to Dogecoin and Shiba Inu
A significant part of Cuban’s warning isn’t focused on the limitations of Dogecoin and Shiba Inu but on the growing influence of utility tokens like Rollblock that could steal the spotlight and crash their price. At its core, Rollblock, a rising crypto, is disrupting the Gamblefi and play-to-earn systems.
Rollblock guarantees players access to increased anonymity and security, which are the core values of the gambling industry. In addition, players enjoy no KYC and a fair gaming experience with over 7000 games. Also, all bets are transcribed to the smart contracts, where all transactions follow the initial agreements.
However, investors get the lion’s share since they get a part of Rollblock’s Casino revenue thanks to its sharing model. This mechanism allows holders to receive 50% allocation through weekly rewards. The remaining 50% is invested back into the RBLK ecosystem through buyback, which will reduce supply and drive prices higher.
Also, RBLK holders can stake their tokens for a 30% APY. With entrepreneurs already looking for a better alternative to meme coins like Dogecoin and Shiba Inu, it won’t be long before RBLK’s price skyrocket, netting investors more significant returns.
Dogecoin is facing a new challenge; will it survive it?
Despite its origin, Dogecoin has gained followership over the years, especially in 2021, when multi-millionaire Elon Musk endorsed DOGE. Dogecoin was successful because DOGE was seen as a ‘Starter Coin’ as it appeals to newcomers in the crypto space. Despite several challenges, the DOGE price managed to stay aloft, but it is yet to face its most formidable challenge in Q4.
Like other crypto tokens, DOGE’s price remains bullish, but its volume dwindles, indicating a growing concern. Once Dogecoin’s volume falls below 30%, traders are no longer willing to trade with the token, and a substantial fall in price could follow.
Shiba Inu: Underdogs with grand aspirations
Shiba Inu is one of the tokens that relies on hype rather than utility to drive its prices higher. This coin is retracing its steps and has launched a DeFi exchange. Despite its community’s recent efforts, Shiba Inu’s value continues to dip, with only minor successes recorded throughout the year.
Similar to Dogecoin, Shiba Inu prices remain bullish, especially with the anticipated launch of the Meterverse project. But with its only hope being a future project, Shiba Inu investors are already looking at Rollblock for massive gains.
Conclusion
Curban’s warnings indicate for Dogecoin and Shiba Inu investors that depending on hype alone is insufficient to ensure sustainable profitability. Rollblock is the number one active contender with a better investment opportunity. Rollblock is currently available at $0.03
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