Memecoin meltdown: PEPE, SHIB see red, investors bet big on Rollblock

As memecoins like Pepe and Shiba Inu struggle with double-digit declines, Rollblock is emerging as the next big crypto contender, surging nearly 110% in its presale.

The meme market has been cut down to size, and there’s a slim chance the next big crypto will be a meme coin. PepeCoin and Shiba Inu are among the hardest hit, crumbling down in double digits in the past month.

As the meme market collapses, Rollblock has continued to cause a cosmic storm in the iGaming space with a nearly 110% surge in presale. RBLK is tipped to be the next big crypto that could deliver staggering returns in the region of 100x on launch.

PEPE sinks over 53% from ATH

PEPE hit an ATH of $0.00001725 when the meme market was running red hot in May. But whales have been on a profit-taking spree, pushing PEPE price on a nearly 3-month red streak.

The Aug. 5 crypto wipeout swept PEPE to a low of $0.00000585 before recovering later on to trade in the $0.0000081 zone by Aug. 20. Despite the move, PEPE was still down over 53% from ATH, and more than 33% in the red monthly.

PEPE is likely to continue facing strong resistance in the $0.0000086 region as whales lock in gains to reinvest in the next big crypto in the GambleFi space.

Shiba Inu holders cope with a 22% monthly crash

SHIB made a high of $0.000045 in March when the meme market surpassed $60 billion. Sadly, SHIB has been bleeding red for nearly 5 months, crumbling in a weekly descending channel to hit a low of $0.00001 on Aug. 5.

Whales have been slurping the dip lately, pushing SHIB price up to $0.0000138 by Aug. 20. Despite the surge, SHIB was still nursing a 22% monthly squash. SHIB technicals point to further downside, prompting frustrated holders to seek solace in Rollblock.

Rollblock: the next big crypto drawing meme market whales

Rollblock could be the next big crypto. This Ethereum GambleFi protocol offers revenue-sharing benefits and growth prospects, giving players and investors a slice of the half-a-trillion gambling pie.

A portion of the profits generated on the Rollblock gambling dApp goes into paying a weekly dividend to token holders. A generous staking program is also in place, rewarding players and investors with up to 30% APY for providing liquidity in the Rollblock network.

But the real money lies with Rollblock’s growth trajectory. Capped to a billion, the Rollblock native token, RBLK, comes with a weekly token burn schedule. It slowly lowers the circulating token supply, boosting its value for a huge price surge.

With the gambling market tipped to rise to $744 billion, RBLK’s deflationary design means it could roll into a multi-billion crypto even with a small segment of this market. That will lift the token price to major heights.

Analysts predict huge returns north of 880% in presale, with a potential blast past 100x on launch. The Rollblock crypto presale is already on fire, heating up towards the $2.5 million mark as PEPE and SHIB whales take out big positions at $0.021.

To learn more about Rollblock, visit the Rollblock presale, the official website and its socials.