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As memecoin season draws to a close, utility tokens like Rollblock are taking center stage, with RBLK surging 160% in just a few weeks amid growing demand.
Just a few weeks ago, memecoin season was in full swing. The total capitalization of memecoins reached an impressive record of $70 billion. However, Solana has lost 40% of its yearly high, as has the SOL meme. Even Tron, which recently hit the jackpot with memecoin launchpad SunPump, has lost its shine.
But as memecoin season continues to wind down, the potential for utility tokens to deliver sustainable growth and real value is becoming increasingly clear. One such promising utility token is Rollblock, which has turned into a gold rush and is up 160% in just a few weeks. Let’s see why.
Tron meme frenzy is running out of steam
Justin Sun’s embrace of meme culture on Tron was a highlight of this year’s meme season. In no time, the DeFi network soared to new highs before running out of steam due to low investor interest.
Tron’s TRX, which saw a 24.8% surge, is now down 9.5% from its peak. While some Tron-based memecoins like Sundog and Muncat have seen a surge likely fueled by social media buzz, the overall picture shows only waning enthusiasm.
Solana memecoins fell 30%
Solana memecoins have had a spectacular run this year. Early on, memecoins SPL, BONK, and WIF led the way that helped the Solana token recover from the heartbreaking lows of 2023. But Solana’s recent failures have only caused a ripple effect that has caused many SPL memecoins to lose over 30%.
The memecoin season frenzy has also dimmed Solana’s embers. Despite steady accumulation at the $125 support level, SOL has struggled to break through the $140 resistance. The decline in Pump.fun user activity, coupled with a drop in Solana’s TVL, indicates waning interest as investors flock to promising utility tokens.
GambleFi Utility Token Rollblock Surges 150%
As memecoins Tron and Solana continue to plummet, utility tokens are taking over the bullish narrative for cryptocurrencies. Memecoin season seems far from over, but Rollblock’s ingenuity has caught on faster than wildfire. The reason is crystal clear: utility tokens like Rollblock offer value and purpose that memecoins can’t.
GambleFi protocol, which brings the imaginative Vegas dream to life with its DeFi-backed AI casinos, has resonated well with investors looking for massive wins and value-driven utility. At its core, Rollblock fills the gaps of traditional casinos with a provably fair, blockchain-based casino.
In addition to offering over 7,000 slots, table games, sportsbooks, and Web3 classics, Rollblock owners earn passively and consistently. Its revenue share program redistributes 30% of the revenue generated back to the community. In addition, there are hold-to-earn, cashback, and staking opportunities to maximize earnings.
For a token that is expected to grow 100x due to its first-mover advantage in the $500 billion iGaming market, it’s easy to see why Rollblock is exploding. Rollblock’s presale has already raised $3.4 million, and experts believe that’s an easy 100x. The 160% price gain that early investors have seen hints at this reality. Fortunately, this utility token is still in its sixth stage presale for $0.026.
To learn more about Rollblock, visit the official website and its social networks.
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