Solana Memecoins Bonk and Pnut Lose Momentum As SOL Investors Eye A New Crypto Presale

November 29, 2024
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2 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The meme coin space is famously volatile, and this week has been no exception as Bonk and Peanut The Squirrel are among the many memes in the Solana ecosystem to take a tumble during the current dip. Let's find out why many Solana investors are now rotating their portfolios into the utility play Rollblock ($RBLK), poised for astonishing 50x moves as it scales this year!

Bonk ($BONK) Burn Heats Up!

Bonk lost a whopping 19% this week as it is attempting to find support at $0.0000426. Despite losing nearly a quarter of its market cap in just 7 days, Bonk investors are still up an incredible 96% in the last month of trading. This just goes to show the incredible volatility of this asset class, as Bonk has a history of making stomach-churning swings in both directions.

Bonk recently announced its mission to burn 1 trillion Bonk tokens by Christmas, in what Bonk claims will be the largest on-chain burn in the history of Solana. This should help Bonk to stabilize as now fewer Bonk tokens will hit the market.

Peanut The Squirrel ($PNUT) Lists On Major Exchanges After Huge Pump

Peanut The Squirrel recently rose to fame as one of the most popular viral meme tokens on Solana. Peanut The Squirrel has also suffered a drop, losing 22% of its value this week as its price settles around $1.10. This means that Peanut The Squirrel has fallen to 90th place in the CoinMarketCap crypto top 100 index, which is still an astonishing achievement for this brand-new token. Peanut The Squirrel was recently listed on the Bybit exchange, which joins the OKX and Binance exchanges to offer retail investors the squirrel-themed meme.

READ MORE   Can Cardano and PEPE Pick Up Before Q3? Investors Remain Bullish For Dominating AI Meme Coin

Peanut The Squirrel could well pump further as meme season returns, and Peanut The Squirrel could possibly rise to reach the top 50 during the next leg up.

Rollblock ($RBLK) GambleFi Investors Unlock The Secret To Long-Term Profitability

Rollblock ($RBLK) offers investors the viral appeal of a memecoin without the hugely speculative risk, as this massively popular Web3 casino has gained popularity largely thanks to word of mouth and news of its huge potential to generate consistent revenue.

Rollblock has set its sights on disrupting the $450 billion online gambling industry by introducing blockchain technology that will put gamers’ minds at rest by allowing them to independently verify that their transactions haven't been manipulated.

Over 7,000 games are currently live and ready to be explored, including roulette, Monopoly, and new launches such as Cash Compass. A much-requested sports betting league is also soon to launch that will further boost Rollblock's revenue streams. 

The native token $RBLK is being tipped for astonishing 50x moves thanks to its hard cap of a billion tokens and a deflationary supply schedule that uses regular buybacks to reduce the circulating supply. This is made possible as Rollblock profits are used to buy up $RBLK, which is then burned (60%) or passed on to stakers (40%).

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Rollblock investors can enjoy a 50% $RBLK bonus throughout the month of November, making now an advantageous time to start scaling in at just $0.036 per token. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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