The post Solana Meme Coins Crash While Rollblock Hits A Major Milestone appeared on BitcoinEthereumNews.com.

Meme coins launched from the Solana (SOL) ecosystem have taken a steep nosedive, along with the broader market. Dogwifhat has declined 20% while BONK has declined 15% over the last week as thousands of investors took profits.  While experts anticipate further declines, Rollblock (RBLK) is gaining huge traction during its presale. The GambleFi protocol is currently in stage 9 of its presale, and analysts predict a potential 100x price multiplier by the time it hits major exchanges with early investors already seeing significant returns.  Solana-based Dogwifhat Down 20% The Solana-based Dogwifhat token is down 20% on a 7-day time horizon, currently priced at $2.94. This decline correlates to a decline in the underlying Solana blockchain, which has also taken a nosedive. A Solana ETF is also under consideration, which would be a bullish indicator for Solana meme coins such as Dogwifhat.  Dogwifhat recently listed on the Binance exchange which could be a positive indicator moving forward. Recently listed coins tend to experience a short-term price rise. Dogwifhat was also listed on the Coinbase exchange in early December. However, Dogwifhat remains maxed out in terms of potential upside. It presently trades at 40% below its ATH of $4.85.    BONK (BONK) Token Retraces 15% BONK has fared a little worse than Dogwifhat, which has a similar trading pattern. The 15% price decline represents a heavy loss for token holders in the past week. On a daily basis, BONK is down 4% after a massive 100% rally in early December.  It is still being determined how far the pullback will reach. However, other altcoins aside from Dogwifhat and BONK have observed losses above 30% in just 24 hours. Nonetheless, with BONK in the midst of a 1 trillion $BONK token burn many analysts believe the meme coin will rebound.  Rollblock Presale Offers Steady…

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Filed under: News - @ December 15, 2024 1:17 pm