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Meme Coins Like Bonk and DogWifHat Lead Solana dApp Revenues. Rollblock Aims To Surpass All

The post Meme Coins Like Bonk and DogWifHat Lead Solana dApp Revenues. Rollblock Aims To Surpass All appeared first on Coinpedia Fintech News In November 2024, Solana’s decentralized applications (DApps) generated $365 million in revenue, with meme coin platforms leading the bull run. Bonk and DogWifHat are leading the charge, but it needs to be asked if a meme coin bull run is sustainable. Usually, they are not, and investors would be well advised to seek out tokens with better long-term and short-term potential. An impossible ask? Not necessarily. Rollblock is raising its hand to be the investment token of the year. Rollblock (RBLK): New Altcoin Brings Online Gambling To The Blockchain Online gambling is a massive industry sector, but investing in this lucrative industry was reserved only for moguls and millionaires. Now, Rollblock is bringing online gambling investments to retail investors thanks to its presale. Here’s the tea: Rollblock already exists. It’s not making promises of what it may do one day in the future; Rollblock’s online casino is live and active and offers punters hundreds of games to choose from. Rollblock boasts the title of the world’s first play-to-earn online casino built on Ethereum. Rollblock is now having a presale of its RBLK utility token to raise liquidity for its online casino. The potential for massive price growth here is obvious, but it gets even better. All Rollblock token holders get paid a weekly share of the income generated by the online casino, making Rollblock an income-bearing asset. It’s no wonder that thousands of investors have supplied Rollblock with over $7.4 million worth of liquidity; this token is changing the face of online gambling, and now retail investors can grab a slice of the pie. Bonk (BONK): King Of The Solana Meme Coins Meme coins are frivolous, but they can be exceptionally lucrative. Bonk is a case in point of this, as the token showed a phenomenal rise during 2024 and then dropped the ‘phenomenal’ adjective for something even more superlative during the November pump. Early adopters of Bonk are laughing to the Lambo dealership – but only if they got out on time. Meme coins like Bonk tend to crash and burn, as at the end of the day, there’s nothing of value to underpin their price. Bonk may still make money this bull run, but at what risk? DogWifHat (WiF): Second Placed Solana Meme Coin Loses Half Its value DogWifHat (WIF) is in many ways a textbook example of a meme coin. It is not just frivolous but outright silly. If not spurious. Its financial underpinnings? None. WIF is worthless, with zero infrastructure of use to give it value. Yet, this Solana meme coin has returned 46,000% yields since its launch. That is the good news. The bad news is that it was closer to 100,000% in March this year. WIF crashed and shed half its value since then. WIF is now at a level lower than it was before the Trump Pump. Yes, meme coins are fun, but are they worth it? Conclusion Investing in meme coins can be lucrative, but the fun and games can come to a rapid end when the bull run ends and investors stand to lose the farm. There are much safer investments out there. Rollblock exemplifies a token with immediate short-term yield and long-term passive income. Rollblock is now available at $0.043. Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io Socials: https://linktr.ee/rollblockcasino Crypto Potato

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Dogecoin (DOGE) Price Can Skyrocket by 12,000% If History Repeats

TL:DR; Dogecoin was once the top-performing cryptocurrency after Donald Trump’s victory, going from under $0.15 to almost $0.5. Although it has lost its momentum, especially in the past week or so, history shows that its most spectacular price surge during this cycle could still be around the corner. DOGEUSD. Source: TradingView Can DOGE Pull a 2021-Like Rally? Perhaps due to its affiliation with Elon Musk and his upcoming role in Donald Trump’s administration, Dogecoin skyrocketed after the US presidential elections. Its price exploded by more than 200% from its aforementioned bottom to $0.485 on December 8. After these quite impressive gains, though, DOGE started to retrace but still maintained the $0.4 level. However, that all changed last week when the market-wide crash pushed it south hard. In just a few days, DOGE’s price tumbled by nearly 40% to $0.26. Although such a massive correction sounds painful, it is not something unheard of for the crypto market, especially in the ever-volatile meme coin sector. Similar enhanced fluctuations have transpired in the past as well, which could actually suggest a more favorable future for DOGE. Popular crypto analyst Ali Martinez compared the recent crash to similar developments that took place during the bull cycles in 2017 and 2021. In both instances, the largest meme coin surged by triple-digits, retraced by 40-60%, and then shot up by four or even five digits by the end of the respective runs. In 2017, when #Dogecoin began a parabolic run, it surged 212%, retraced 40%, then rallied 5,000%. In 2021, it went up 476%, retraced 56%, then skyrocketed 12,000%. Now, in 2024, $DOGE is up 440% and has retraced by 46%. If history repeats, another parabolic rally is on the way! pic.twitter.com/uhf2kMc0Id — Ali (@ali_charts) December 23, 2024 Can DOGE Soar Above $10? Skyrocketing by 5,000% or 12,000% sounds quite bullish, but let’s look at these predictions more realistically. In 2017 and 2021, DOGE’s price was a lot more modest, and posting such massive gains seemed easier, at least on paper. If the OG meme coin is to surge by similar percentages from now on, its price and market cap would have to go to the stratosphere. For example, a 5,000% increase would put its price at over $13, and the market cap would be at over $1.9 trillion – or bigger than bitcoin’s current one. If DOGE repeats the 2021 gains, then its price would go all the way up to $31-32, and its market capitalization would be north of $4.5 trillion – bigger than Apple’s. Although these numbers sound quite far-fetched and history is no indicator of future price performances, this doesn’t necessarily mean that DOGE has peaked during this cycle. Dogecoin is still far away from its all-time high registered in 2021, and many other assets have managed to break their peaks, so DOGE might still have a lot of room for growth. The post Dogecoin (DOGE) Price Can Skyrocket by 12,000% If History Repeats appeared first on CryptoPotato . Crypto Potato