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Memecoins can turn small investments into millions, and Rollblock’s GambleFi protocol could spark a 100x return for its Ethereum token.
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A memecoin explosion can turn a small investment of less than $100 into millions. The recent PEPE price action in May is a great case in point, not to mention the gigantic yields that Shiba Inu delivered in 2021.
Sadly, crypto memes lack utility. Once the initial hype dies down, they tend to collapse straight to earth, and most of them never rise again.
However, the lack of utility in speculative markets is ending with Rollblock’s (RBLK) new GambleFi protocol. This iGaming powerhouse disrupts the $540 billion gambling industry with fair gaming technology and profit sharing benefits for investors.
Learn why crypto experts foreshadow a memecoin like price blast for this new Ethereum token, with potential 100x returns on the cards.
PEPE price continues to tumble
Launched in April 2023, PEPE turned the memecoin market upside down with a more than 31,000% monstrous rally in less than 500 days.
PEPE price rocketed from lows of $0.0000000551 to an ATH of $0.00001725, turning a mere $10 bet into $3100k! Early investors reaped big, with some turning into overnight memecoin millionaires.
Sadly, PEPE looks to follow the same boom and bust cycle of its predecessor SHIB. The PEPE price has been heading downward for nearly five months. PEPE has already shed nearly 50% of its value from ATH.
While the PEPE price remained bullish in September, a selloff ensued at $0.00001197, putting it on a red streak on the daily chart.
SHIB trades 80% down from ATH
SHIB was the star of the show during the 2021 memecoin frenzy. Shiba Inu’s price jotted over 43 million percent, returning gigantic yields to speculative investors.
But after peaking at $0.00008854, SHIB’s price has been cratering for years. During the bear market, SHIB hit rock bottom, managing only a 700% rally in the recent bull run.
SHIB is at a massive 80% drop from its ATH. It remains to be seen whether SHIB will rise from dejection for another rally.
Memecoin whales shift to the new Ethereum token Rollblock
Rollblock looks to inject utility into the half-trillion gambling market with its AI driven GambleFi ecosystem. The Ethereum gambling protocol features over 7000 games and a litany of live sports betting events, offering diverse casino experiences to Gen-Z betters.
Unlike centralized casinos, the Rollblock crypto casino is KYC-free and accepts over 20 crypto deposits from players. That not only makes for hassle-free player sign-ups but also enables swift deposits and payout withdrawals.
What makes this decentralized iGaming powerhouse even more interesting is its profit sharing deals and staking benefits for investors. Every week, RBLK token holders receive a dividend payout from a portion of the casino revenues. Those staking assets to provide liquidity earn extra passive income of up to 30% APY.
With such a selfless focus and utility for players and investors, analysts believe Rollblock will take over the $540 billion gambling empire, sending its market cap into the billions.
That will trigger a memecoin like price action for RBLK, returning gains of over 100x to token holders. RBLK tokens are going for $0.03 as the ICO soars past $4 million in stage 7.
For more information, visit the Rollblock presale website or join the online community.
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This article first appeared at crypto.news
