The post Shiba Inu Update: Newest Crypto Innovation Leaves Meme Coins Struggling To Compete appeared first on Coinpedia Fintech News
The Shiba Inu price prediction isn’t what it used to be. Meme coins have fallen from favor, and Shiba Inu has seen its market cap plummet in the past three months from nearly $20 billion to a whisker above 7 billion. This is bad news for meme coins but great news for other cryptos, as innovative tokens with real-world applications are starting to take over. In that regard, Rollblock has acquired almost $11 million in liquidity, a sterling start to a coin with the potential of a massive market cap.
Rollblock (RBLK): New GambleFi viral hit outshines meme coin market
Everyone wants to go viral, and one has to tip a hat to Rollblock, a new GambleFi token that has done just that. It is trending on X and getting covered on YouTube, and it has gained over $10.8 million in liquidity thus far.
Source: YouTube
Rollblock is a new online gambling platform ushering in a new era of online gaming. Built on the Ethereum blockchain, giving this online casino unparalleled transparency and security, the Rollblock play-to-earn platform is an absolute game changer. Anything from traditional casino games to bespoke Web3 games of skill and chance to live sports betting on many events held across the planet, Rollblock offers over 7,000 games to its global audience.
And now, to raise liquidity, Rollblock is holding a presale of its RBLK token. If investing in the $540 billion online gambling sector is not reason enough to get behind Rollblock, it is sweetening the deal with a weekly dividend. All token holders will get a share of the income generated by the online casino every week! And what’s more, RBLK tokens can even be staked for massive APY rewards.
Fifty thousand investors have already thrown their weight behind Rollblock, and the future of this new GambleFi token looks incredibly bright. Presales have a habit of returning results of 10x and even 100x. Considering Rollblock’s product offering and passive income, 10x is definitely on the cards, and 100x may be a conservative estimate. This token has the potential to become a top-20 token by market cap and could outshine even Shiba Inu in that regard.
Shiba Inu (SHIB): Shiba Inu price prediction quadruples, but then what?
The Shiba Inu price prediction used to be exceptionally bullish, but market trends have proven that meme coins have fallen out of vogue. The novelty has worn off, and the end of the road is near. Looking at Coincodex, there’s still some hope left for Shiba Inu, as the meme coin is predicted to return almost 4x this year, and that is great, isn’t it?
But the same Shiba Inu price prediction has the token dropping to present levels by the end of the year. There is no getting away from it: the Shiba Inu market cap took a hit. While the market cap fell 65% in the past three months, which is bad enough, the bigger picture is even more disheartening. The Shiba Inu market cap peaked at over $42 billion in 2021, and its current measure of $7.6 billion is 82% below peak levels. These are not the signs of a coin in good health.
Source: coingecko
But this extends beyond Shiba Inu and into the meme coin market as a whole. Memes just are not cool anymore. Fortunately, the rest of the crypto market is in great shape, and coins like Rollblock can take the industry forward.
Conclusion
Investors are forced to look elsewhere as the meme coin market cap plummets like a stone, taking tokens like Shiba Inu with it. Fortunately, Rollblock is offering a great way to ensure both short-term gains and long-term sustainability with its RBLK utility token.
Rollblock is now available at $0.061 directly from the website.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/Socials: https://linktr.ee/rollblockcasino
