Since the start of the year, meme coins have performed spectacularly. Pepe Coin, Bonk, and Dogecoin all performed exceptionally well, trotting away from the more ‘serious’ tokens, each of them vying for the title of the next 100x crypto. Some even delivered. But the meme coin party seems to be over, and the next 100x crypto appears in all likelihood to be a utility token. That’s why investors are placing their bets on the to bring 100x gains.
Pepe Coin (PEPE), Bonk (BONK), & Dogecoin (DOGE): Meme Coin Madness Moderated
It is easy to see Pepe Coin, Bonk, & Dogecoin as the harbingers of hope, as these tokens have made incredible gains for their holders. Starting with Pepe Coin, we’re looking at over 100 million percent returns. If anyone got into Pepe Coin in April 2023 and sold it in March 2024, then a mere 62 cents would have resulted in a cool million dollars. But now, Pepe coin is 30% below its ATH and is trending downwards, while utility token cryptos are all moving upwards. Pepe Coin had the most phenomenal run in crypto history, and a dollar invested in Pepe Coin now would likely be worth pennies in the medium term. Bonk also did really well, especially in the last three months when Bonk returned a solid 75%. This is in a period where most cryptos were waving red flags all over the crypto market. Bonk was the next 100x crypto. However, it peaked in May and has since lost 43% of its price, confirming the pattern that the meme coin party has come to an end. The OG meme coin, Dogecoin, lacks the speed and pace of the others, but it has the market cap to make it into the top 10, and Dogecoin is about as stable as a meme coin can be. Its year-to-date figures sit at a respectable 32%, but swap that out to a three-month candle, and Dogecoin lost 23%. At $0.12, Dogecoin is trading at a mere 16% of its ATH. Not even Dogecoin can breathe life into meme coins.Rollblock (RBLK): Ethereum-Based Utility Token Grabs Investor Imagination
Utility tokens are not ‘mere’ cryptocurrencies like meme coins. These utility tokens are the foundations of dApps and platforms that actually do something. The obvious one here is BNB, driving the Binance platform. However, many other utility tokens are on the market, and the latest offering comes from Rollblock, a . Rollblock is the world’s first no-KYC play-to-earn casino built on the security and transparency of the Ethereum blockchain and offers the half-a-trillion-dollar gambling market over 150 games to choose from. This ranges from traditional casino games to sports betting to Web3-based games of chance and skill. And this offering is all powered by Rollblock’s utility token, RBLK. Where it gets interesting is that the Rollblock utility token is hard capped at a billion tokens, meaning that it is deflationary by design. The Rollblock price can only go up. But it isn’t even the sweetest part of the pot! That honor belongs to the fact that over and above being a utility token, Rollblok pays out a revenue share! Every week, RBLK token holders get a share of the profit generated by the casino, meaning that Rollblock is an income-generating asset. Rollblock has already sold almost 40 million tokens. If current trends are anything to go by, the limited number of tokens on offer will be gone soon!The Bottom Line:
After the meme coin hype of Pepe Coin, Bonk, & Dogecoin has died down, investors looking for the next 100x crypto will do well to look at utility tokens like Rollblock. RBLK tokens are now available during the fourth phase of presale at $0.017 directly from their website.Get in on the early action of the Rollblock ($RBLK) presale today!
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