The recent Shiba Inu token burn surge of 930% has discourse about the future of meme coins and deflationary models. As SHIB aims to reduce its circulating supply, analysts debate whether other meme coins like FLOKI will follow suit.
At the same time, Rollblock‘s deflationary structure is capturing attention, positioning it as a potentially powerful contender in the evolving crypto market. Investors are now eyeing this dynamic shift in tokenomics to identify the best crypto to buy right now. Will Rollblock lead the next wave of innovation?
Rollblock Pioneers Web3 Gaming In Deflationary Climate
The online gambling industry continues to grow as technology reshapes the way players interact with platforms. Traditional systems face issues such as slow transactions and high fees. Blockchain offers solutions by streamlining payments and ensuring transparency. Players seek faster, more efficient systems with lower costs.
Rollblock’s GambleFi model is where online gambling goes to meet decentralized finance. By creating an ecosystem where gamers can play and earn, Rollblock is lightyears ahead of its competition. Users can stake $RBLK tokens to earn a share of the platform’s weekly revenue. The more tokens staked, the higher the rewards.
Rollblock also rewards users with bonuses and cashback for participating in games and staking. These incentives help keep users engaged and encourage them to spend more time on the platform. With plans to expand its game offerings, Rollblock aims to provide an even more diverse experience for players.
Shiba Inu (SHIB) Falls Short of Expectations Despite Mammoth Burn
Shiba Inu (SHIB) has recently had 6.69 million tokens burnt from circulation on December 23, 2024. This 936% increase in the burn rate reflects heightened community efforts to reduce the Shiba Inu token supply. In terms of price action, SHIB has been trading at a 4.6% increase during the same time. SHIB transactions over $100,000 have also declined by 200% since.
Much to investor concern, SHIB‘s price has been unable to surpass its short-term moving average. The burn rate is unstable, with a significant spike followed by a decline, suggesting volatility in the SHIB‘s supply reduction efforts. Shiba Inu’s long term potential could be dependent on sustained burn efforts and market conditions.
FLOKI Might Be The Light At The End of The Tunnel
FLOKI, like most meme coins, has sparked speculation of a similar deflationary move. Despite burning 216 million tokens, FLOKI registered a 2% price decline. Its market cap has crossed $360 million, with its trading volume down by 35%.
On the technical front, FLOKI is trading below its 20-day moving average, signaling a bullish trend. Sentiments are largely negative, with decreased whale activity suggesting doubt in the FLOKI‘s potential for growth. However, FLOKI could hit a 227% price increase by the end of January 2025 following the launch of its ETP.
Conclusion
Following in SHIB’s footsteps isn’t exactly profitable. Just ask FLOKI. Instead, token holders have turned their attention to the Rollblock presale. Currently in the 9th stage presale, RBLK tokens change hands for $0.0445 each. With $8 million in presale revenue and first-person access to the gaming industry’s backdoor, Rollblock is definitely the best crypto to buy right now.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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