A Stellar (XLM) Performance: Token Has Impressive Bounce Back, While PEPE Investors Seek Refuge In New Presale Giant Rollblock (RBLK)

Crypto Rebound: XLM Up 15%, PEPE and Rollblock Lead Surge

Following news of Trump's attempted assassination, the entire crypto market has bounced, with Stellar (XLM) rounding off a perfect week, with the price up by over 15%. In the meme coin space, the PEPE price finally caught a bid after a torrid week, amid rumors of meme coin speculators looking at other sectors of the market.

Those investors are seeking refuge in newer tokens offering a crypto investment that has actual utility. Rollblock (RBLK) is leading this charge - a crypto with utility even throughout its presale. Already having raised over $1.1m and only in Stage 3, the Rollblock presale is going according to analyst predictions, and it's quite apparent where the smart money is positioning itself.

Stellar has finally rebounded; can it continue?

Stellar (XLM) launched back in 2015 and, in 2017, was arguably the best crypto investment in that cycle. However, the Blockchain that's designed to facilitate fast and cheap cross-border payments crashed more than most cryptos.

Still down over 70% from its ATH, the XLM price has underperformed since bottoming in 2022, but it finally rebounded with a significant increase of over 15% this week. This resurgence in Stellar is a positive signal, no doubt, but with a long way still to go to get out of its bear market, it's hard to see how investor confidence will return to XLM after all this time.

Meme coin speculators take refuge in utility tokens as PEPE price continues slide

The PEPE price  has been one of the best performing cryptos of the last 12 months. Leveraging the cultural popularity of the Pepe the Frog Internet meme, this playful meme coin is open and clear in its lack of utility, but until May this year the market didn't care about that.

However, investor sentiment has shifted, and the PEPE price has been down about 50% since May before bouncing today, up 32% in the last 7 days and a further 26% in 24 hours just gone at a local price of $0.0000121. What's next for this loveable Pepe meme coin? Well, as the market continues to mature, projects with tangible use cases are likely to attract smart money, potentially leaving meme coins like PEPE out in the cold.

Rollblock

Much of the PEPE price decline is down to newer crypto investment offerings such as Rollblock. A game-changer in the online gambling industry with its innovative GambleFi platform, Rollblock boasts the first casino-backed Play-to-Earn token. And its presale is already a clear success, raising over $1.1 million while still only in Stage 3.

The rise of online casinos has democratized gambling, especially in the United States, as there's a more accessible and broader audience than ever before. With the continual growth of the Internet and advancements in decentralized technology, more people can now enjoy a flutter, knowing the game cannot be rigged. 

This is down to the transparency and immutability of transactions on the Rollblock platform, finally addressing the fairness and trust issues that have long plagued legacy gambling platforms. 

In addition to gaming, Rollblock offers several avenues for $RBLK token holders to earn a passive income. These include receiving a share of the daily revenue through the Hold to Earn program; the Stake to Earn program gives users who stake their tokens a 50% share of the tokens that the Rollblock team shares out from the buyback and burn mechanism, and the other 50% are burnt. This should see continued growth in the value of RBLK.

The potential for growth in the online gambling market is immense. In fact, the market is expected to rise to 281.3 million users by 2029, and Rollblock is perfectly placed to take advantage of that. Analysts are predicting major returns during and after the Rollblock presale, and with the success already by Stage 3, 100x ROI seems pretty conservative.

Get in on the early action of the Rollblock ($RBLK) presale today!

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

Socials: https://linktr.ee/rollblockcasino