Investors had high hopes for Bonk (BONK) on the Solana (SOL) blockchain. The Bonk coin was meant to be a universal token that everyone could access and use across the Solana DAO.
However, after a strong start to 2024, the Bonk price has failed to keep up its momentum from earlier in the year, when it started off with a massive Solana airdrop of 50% of its tokens. Even with a steady stream of good Solana news, Bonk coin has struggled to maintain a strong rate of adoption among Solana blockchain users.
Many Bonk coin investors have left the entire Solana DAO to instead get in on the ground floor of one of Ethereum’s best altcoins, Rollblock. Rollblock is maintaining a highly lucrative rate of price increases during its presale as its online casino roll-out hits all the right marks.
Analysts are predicting that this GambleFi disruptor can increase 100x or more by the end of 2024, with Rollblock already hitting several major milestones.
Bonk Investors Find Out That Memecoin Momentum Is Hard To Maintain
Bonk’s price increased 10x at the start of 2024, right after stunning the world with their massive Solana airdrop of 50% of their tokens. This event hit the goal of putting Bonk on everyone’s radar and ensuring that the tokens were widely circulated among Solana DAO users.
However, a year later, Bonk is still barely above this early 2024 market cap of $1.5 billion, despite a steady stream of solid Solana news that boosts the use of their DAO.
Bonk recently tried a massive burn of 84 billion of its tokens, but this only resulted in a small 3% rise in the price of the token. Bonk is failing to maintain its initial momentum with events, which is leading to failing adoption rates and a lack of engagement from its existing community.
It is no surprise that so many Bonk investors are looking for alternatives as the token fails to achieve its goal of mass adoption across the Solana blockchain.
Rollblock Guarantees Adoption And Token Price With An Industry-Beating Formula
Rollblock recognized these issues of adoption and token value when they originally designed their platform. Their GameFi disrupting formula is the perfect blend of traditional online casino gambling and crypto innovations, which is why they are currently one of crypto’s biggest phenomena.
Rollblock recognized that the key to attracting players in the $450 billion gambling industry was to ensure that every player had access to games that would satisfy their unique needs. Rollblock’s stunning adoption rate is the direct product of the more than 150 cutting-edge games available from the top 10 gaming providers.
Rollblock ensures that players have access to old favorites like poker and roulette as well as brand new digital games that offer endless excitement and fun. These are supported by blockchain technology, which enhances security by making bets irrefutable.
To expand its offerings, Rollblock also plans to introduce sports betting to its platform. This will support classic major league sports like the NFL and NBA, in addition to other sports such as boxing, MMA, Formula 1, and tennis to name a few.
To avoid the problem of stagnant token value that is plaguing memecoins like Bonk, Rollblock guarantees that up to 30% of its weekly revenue is used in token buybacks. These tokens are then burned or used as a staking reward with incredible APYs.
Rollblock has ensured that their token supply will always be low and the demand will always be high, which is the perfect formula for guaranteeing a steadily increasing token price.
These innovations set Rollblock apart, as it focuses on practical solutions to problems in gambling and crypto instead of relying on the whims of the memecoin community and dApp users. Rollblock is one of Ethereum’s fastest growing altcoins, with investors from Bonk and beyond looking to get in on the ground floor of their presale.
The presale is currently only in the 4th presale round, but analysts predict this huge influx of buyers from the memecoin space and beyond will quickly drive up the final presale price. With the current presale price set at a very low $0.017, analysts are predicting that this number will increase more than 100x by the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Solana Meme Bonk (BONK) Needs A Boost As Investors Turn To New Ethereum Altcoin Causing A Storm appeared first on ETHNews.
