The post Crypto Gurus Are Backing A Memecoin Supercycle But 1 Utility Token Might Outperform The Likes Of Dogwifhat & BONK appeared first on Coinpedia Fintech News
Dogwifhat and Bonk are seeing increased investor interest this week but analysts still believe Q4 will be a massive altseason. Amidst this sentiment, Rollblock’s viral presale has already raised $5 million as analysts anticipate up to 880% returns ahead of the token’s official launch.
Dogwifhat Shows Signs of Critical Breakout on WIF/USDT Daily Chart
Dogwifhat’s price has made an impressive recovery from yesterday’s lows as the token’s price chart flashes signs of a breakout on the WIF/USDT daily chart. Since Dogwifhat had been consolidating for the past seven months, analysts were expecting Dogwifhat’s price to rally sometime in Q4.
Dogwifhat is currently trading for $2.49 after an intra-day increase of 3.10%. Dogwifhat’s volume has also increased by 37.65% over the last 24 hours which indicates increased buying pressure. As analysts project up to 50x gains for Dogwifhat in the next few weeks, Dogwifhat’s community sentiment has turned 76% bullish.
Bonk’s (BONK) Increased CEX Outflows Suggest Increased Investor Confidence
Bonk recently recorded CEX outflows worth $5.65 million which is 7.25 times higher than the average. Since CEX outflows typically indicate that investors are interested in holding their tokens for a while, Bonk’s community sentiment appears to be highly optimistic.
Bonk is currently trading for $0.00002218 after a minor 0.05% intra-day increase. Bonk’s volume has jumped by 8.20% over the last 24 hours as Bonk’s short positions also increased. Since Bonk is trading above its key Simple Moving Averages on the daily chart, Bonk’s price is expected to test the $0.00002781 resistance in the next few days.
Rollblock’s (RBLK) Weekly Staking Rewards Attract More Investors in Presale Stage 7
Rollblock’s presale has experienced explosive growth over the past few months by raising nearly $5 million. Although Rollblock has many impressive features, its generous staking rewards are the reason why investors are still flocking to this GambleFi project. If Rollblock’s demand continues to skyrocket by the end of its presale stages, analysts are anticipating a huge 100x rally on RBLK’s official launch day.
Since Rollblock is committed to fostering a community of like-minded traders and high rollers, the platform gives away weekly staking rewards with up to 30% APY. This revenue-sharing mechanism operates with Rollblock using its weekly casino revenue to make open market buybacks of the platform’s native RBLK token. While 60% of the repurchased tokens are burned forever to keep Rollblock’s price deflationary, the remaining 40% are distributed to current holders as rewards.
If that wasn’t enough then Rollblock also gives traders the opportunity to make bigger gains by gambling on its fully audited and regulated iGambling casino. Rollblock’s library already features 7000+ AI-powered games that are all based on the latest Web3 technology. Since Rollblock offers casino classics like roulette and poker alongside new Web3 titles like KENO, the platform is quickly capturing a huge market share of the $500 billion per annum online gambling industry.
Rollblock is currently in stage 7 of its presale with tokens selling out at rapid speeds. Since analysts are projecting another price surge for RBLK within the next few days, Rollblock’s current selling price of only $0.0318 is a massive buying opportunity for savvy traders who want to capitalize on this explosive altcoin before the price skyrockets.
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Website: https://rollblockpresale.io/
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