The inherent volatility of memecoins is a blessing when the market is in up-only mode, but once the tide turns, things can get ugly pretty quickly as double-digit drawdowns become the norm.
Brett and Bonk are resting on support while market uncertainty intensifies. Meanwhile, savvy investors are rotating funds into low-cap gems with untapped potential and real-world utility, such as DeFi casino Rollblock.
Brett Grinding Down, Hinting At Incoming Bounce
Brett recently bounced back from the $0.068 bottom. However, the pump was anything but convincing. Today, Brett is selling for $0.072 with a 16.6% monthly decline. Despite this decline, Brett’s daily trading volume has increased by 50% to $21 million.
Although the current picture is bearish, Brett has displayed a remarkable performance since its launch, and long-term holders remain bullish on its future. For Brett to reenter a full-fledged bullish channel, the $0.13 resistance must be cleared first.
Bonk Is Moving Below Support, Will It Caputulate or Recover?
According to some analysts, Bonk has already capitulated, and there’s high enough demand to keep Bonk above the $0.000016 mark. Over the last month, Bonk has been ranging between $0.000016 and $0.000020, and so far, neither bulls nor bears have managed to force It into a specific direction.
This is also due to the pervading market turbulence that makes navigating Bonk’s price action a complex endeavor. Bonk is currently moving below the 50-day simple moving average, placing it in bear territory.
Rollblock Prepares to Dominate The $450 Billion Casino Industry
Rollblock has caught the attention of crypto enthusiasts with its hybrid crypto casino. Designed to disrupt the $450 billion casino industry, Rollblock has already raised over $3 million and attracted over 12,000 unique users.
Rollblock exists at the meeting point between DeFi and TradFi gambling, merging the best aspects of both into a seamless casino platform. It offers the best of DeFi, including unparalleled access, immutable betting, and zero compromise on user privacy.
To get started on the platform players can simply sign up with an email or crypto wallet. No KYC checks are required. Once inside, players are granted access to over 150 games, including classics like poker and slots, in addition to new AI powered games exclusive to Rollblock.
In addition to its casino, Rollblock introduces a unique revenue-share mechanism. Each week, up to 30% of the casino’s profits will be reinvested in RBLK tokens. Half of this amount goes toward staking rewards for the community. The rest is burned forever, creating RBLK scarcity that will ultimately drive up its price over time.
Rollblock is currency in stage six of its presale, which has become its fastest-selling to date. Rollblock’s RBLK token is selling for just $0.025 and with analysts anticipating massive 100x rallies there’s never been a better time to get involved.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino