The memecoin market, once heralded as the future of the crypto market, has become oversaturated causing even prominent meme coins to struggle. The competition, coupled with the recent market correction has caused FLOKI and NOT to decline, disappointing investors who were hoping for a massive run this month.
With these tokens struggling, Rollblock, a new GambleFi crypto, is looking to seize the moment and take their spots in the market.
In this article, let’s explore Rollblock’s dominance and the potential profits investors can earn.
FLOKI’s Run Has Lost Momentum
FLOKI, the once-dominant player in the memecoin market, is currently losing investors because of its poor performance. FLOKI’s value has fallen by more than 30% in the past month.
FLOKI’s technical indicators paint a distressing picture, as its 10-day, 20-day, 30-day, 50-day, and 100-day EMA are all bearish. Most of its technical Indicators are in the red and TradingView puts it in the strong sell category. FLOKI is struggling, but its investors have turned to the recent partnership with premier team Nottingham Forest as potentially good news that could aid a resurgence.
NOT’s Failed Resurgence Disappoints Investors
NOT is in a similar situation to FLOKI. Although NOT has recently shown signs of recovery, longer time frames show a disappointing run. The price of NOT tokens is down 32.44% over the past month.
NOT’s 10-day, 20-day, 30-day, and 50-day EMA and SMA are all bearish, and most other technical indicators are sending sell signals. NOT is not showing signs of bullish momentum, and investors might not see a proper resurgence anytime soon. However, there’s a new cryptocurrency that has only shown bullish momentum recently and investors are flocking to it.
Rollblock’s Unstoppable Run
Amidst the recent market turbulence, Rollblock is gaining traction as a new GambleFi crypto that’s part of the $500 billion online gambling industry. It’s the first Ethereum-based play-to-earn gambling platform. Rollblock has everything a gambler might want— over 150 games like poker, blackjack, and even Web3 games.
One thing that makes Rollbock very special is its revenue sharing. Every week, RBLK token holders get paid a share of the casino’s earnings. There are only one billion units of RBLK in the market. This number is fixed which means the tokens will be valuable over time.
Every Rollblock transaction is fully based and safely encrypted on the blockchain. This means there’s no risk of tampering. Plus, there are no KYC checks needed; just connect your crypto wallet, and you’re ready to go. For a short time, the casino will even match your first deposit, dollar for dollar, up to $500.
Conclusion
Priced at just $0.0205, Rollblock’s presale is in stage five and has raised almost $2.2 million. With NOT and FLOKI failing to meet expectations, investors have found a haven in Rollblock. Experts have projected that Rollblock could climb by 100x at launch, and you should hop on before its price increases.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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The post Meme Coin Market Dries Up As FLOKI and NOT Fall 30%; New GambleFi Token Gains Huge Interest appeared first on Crypto News Land.
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