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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027
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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027

Solana Memecoins Dogwifhat (WIF) and Bonk (BONK) Slide as Crypto Whales Front Run This Altcoin

Bitcoinist
by Bitcoinist
Last Updated: November 5, 2024 5:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

It looks as though meme coin season is over for now, as utility coins return to the spotlight. Let’s dive into recent price action for Dogwifhat and Bonk and investigate the highly promising Rollblock ($RBLK) casino presale, where many meme profits have ended up being invested this year. Find out why now could be the perfect time to rotate into this 100x gaming utility gem.

Dogwifhat ($WIF) Investors Hope for a Rebound

Dogwifhat has struggled to regain positive momentum recently, having fallen 1.4% today to reach $2.07. Looking further out, Dogwifhat has lost an alarming 14% in the last seven trading days, as the price was unable to sustain a level above $2.66.

Despite this lackluster price action, a recent 38% spike in trading volume was recorded for Dogwifhat across exchanges, with an impressive 327 million tokens changing hands. This could signal that investors are returning to the trading floor in the hope that support at $2 will hold and a bullish reversal will now take place. The first target for Dogwifhat will be the $3 level, which has proved to be the site of severe selling in recent months.

Bonk ($BONK) Meme Investors Left Searching for a Seeker Phone Announcement

Bonk has also had a woeful week, losing over 13% in the last 7 days to reach $0.000018. This has resulted in Bonk dropping out of the CoinMarketCap top 50 crypto index, with its market cap now just above $1.35 billion.

Many Bonk holders had hoped that the next generation of Solana’s Seeker phone would include another Bonk airdrop, similar to the bullish run from 2022 when many phone holders recouped the value of their device through rapidly appreciating Bonk tokens. However, there has been no Bonk announcement as of yet, and traders are left wondering what the next bullish catalyst might be.

Rollblock ($RBLK): Crypto Casino Token Rising Up The Ranks of Web3 Gaming

Many disillusioned holders of Dogwifhat and Bonk have already jumped ship into the more promising utility-based token Rollblock ($RBLK), which is accelerating through stage 7 of its early presale funding rounds. Rollblock is a new type of crypto casino for the web3 generation.

It securely encodes all transactions and interactions onto the Ethereum blockchain, ensuring that no manipulation of bets can take place and that everything is fully above board.

Over 7,000 games are currently live and generating massive revenue for Rollblock, including classics like roulette and slot machines, alongside new favorites such as Cash Compass.

The RBLK token is used for all payouts and can be staked for an impressive 30% risk-free yield. The casino takes a portion of its profits every week to reinvest in this token, potentially buying up millions of RBLK coins and immediately burning 60% of them. The remaining tokens are allocated to staking rewards, bringing down supply and reducing sell pressure.

The low RBLK price of $0.033 looks set for yet another hike in the coming days, for a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK! Leading profit-seeking investors to scramble to take positions in this 100x DeFi casino powerhouse.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

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

Socials: https://linktr.ee/rollblockcasino 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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