Support Fades for Floki and Dogwifhat as Investors Choose Utility Over Hype With Revenue Sharing Casino
The post Support Fades for Floki and Dogwifhat as Investors Choose Utility Over Hype With Revenue Sharing Casino appeared first on Coinpedia Fintech News
The crypto landscape is shifting as discerning investors look for serious growth models instead of memes and hype. Top meme coins Floki (FLOKI) and Dogwifhat (WIF) are down as investors move to crypto casino Rollblock’s (RBLK) viral presale. This top altcoin’s revenue-sharing tokenomics has analysts predicting 100x growth in 2024 alone.
Floki’s Volatile Cycles Leave Investors Looking for Stability
Floki is an old dog as far as meme coins go, with a 2021 ICO. The Floki price rallied to $0.0003 soon after, minting many new crypto millionaires. However, Floki soon gave back much of these gains as the hype faded from the 2021 meme coin mania.
Floki’s price then repeated this rally to the same all-time highs in early 2024 on a fresh round of meme coin mania. However, the hype eventually faded once more, seeing Floki shed almost 60% of its value.
Dogwifhat Investors Concerned Pause May Be In Reversal Instead of Rally
Dogwifhat is a comparatively new meme coin that launched just in time for the 2024 meme coin rally. Dogwifhat’s price enjoyed an almost 25x rally before fading much of those gains.
However, Dogwifhat has managed to hold onto more of its 2024 gains than most meme coins as the flagship token for meme coin functionality on the Solana blockchain. However, investors are unsure whether the current flat Dogwifhat price is a pause in the longer rally or in the more recent reversal. Nonetheless, analysts remain bullish about Dogwifhat’s long-term prospects.
Rollblock’s Revolutionary Tokenomics Reinvents Online Gambling
Meme coin investors tired of the volatility and uncertainty of betting on hype are turning to the stability and reliability of Rollblock’s growth estimates. This top altcoin’s revolutionary revenue-sharing formula has analysts projecting a safe bet of 100x growth in 2024 alone as Rollblock takes a huge bite out of the $500 billion global gambling industry.
Rollblock’s revenue sharing is based on its gambling token, RBLK.
Rollblock buys RBLK back from the market every day using up to 30% of the revenue from the casino. Half of these RBLK are burned immediately to enforce upward pressure on the token price. The remaining half of the RBLK are awarded to players and investors who stake on the platform with some of the best APYs found anywhere today.
Rollblock’s revenue-sharing is expected to drive massive player growth, which will then feed token value even further.
Rollblock has already drawn almost 12,000 players to its platform with game-changing innovations. Gone are the days of long wait times and gouging conversion fees. Rollblock has also brought the fun and excitement of crypto to online gambling with cool events and giveaways and generous deposit matching for new players.
Experts estimate that the surge in players from Rollblock’s revenue-sharing tokenomics will send its current stage six price of $0.025 past $1 before 2024 is done.
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