While Ripple (XRP) and Solana (SOL) are obvious choices for investors fleeing the sliding meme coin sector, Rollblock (RBLK) is a more obscure choice. However, this crypto casino’s recent CoinMarketCap listing has brought it to the attention of millions of new investors. This top altcoin’s community ownership and 100x growth estimates are especially appealing to meme coin investors.
The staggering 300% rally in the XRP price since Donald Trump’s election has dominated crypto headlines for months. XRP is expected to be the biggest beneficiary of Trump’s new, pro-crypto SEC.
Of particular interest to investors feeling the meme coin sector is the potential for XRP ETF approval. XRP ETFs have been waiting for approval for months now, and they are expected to be one of the first issues addressed by the new SEC.
Investors are expecting another strong rally for the XRP price that takes it confidently into the number three token spot.
Meme coin investors with fresh capital are making a similar wager on Solana ETF approval in early 2025. However, Solana ETF applications were submitted only recently, and it is uncertain whether they will be included in the first round of approvals.
This uncertainty explains why the Solana price tumbled from all-time highs around $260 last week. The 5% rally in the Solana price today barely managed to drag it into the green for the week.
Solana ETF approval could also see this top altcoin move up a spot to the fourth slot in the top tokens by market capitalization.
Besides Solana and XRP, Rollblock is the other top destination for meme coin investors fleeing their sliding sector. Rollblock recently popped onto the radar with its CoinMarketCap listing, and meme coin investors are particularly impressed by its community ownership model.
Community ownership for Rollblock means that a share of each week’s revenue from the casino is returned to token holders. Rollblock accomplishes this through an aggressive system of buybacks from the open market.
Value is returned to the community through weekly burn events with a portion of these buybacks. These burn events enforce a deflationary trend by reducing the long-term supply of tokens.
Income is also returned to the community when the weekly staking rewards are funded using the remaining portion of the buybacks. The expectation is that this income will then be reinvested through holding or through using these rewards on the platform.
The success of this community ownership model is based on the massive revenue potential in the $500 billion gambling industry. Rollblock is already generating enormous revenue with its platform of 7,000 casino games and cutting-edge sports gambling.
Meme coin investors are also drawn to the potential for more than 100x growth in RBLK at the conclusion of its crypto presale. However, this influx of fresh investors has already driven RBLK’s crypto presale price up to $0.041, and another hike is expected soon as it enters its later presale stages.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.