Book of Meme (BOME) is the latest victim of the sector shift out of memecoins in this freshly green-lit bull run. Investors are moving to derivatives exchange Aevo (AEVO) to profit from higher traffic rates or to top altcoin and GambleFi juggernaut Rollblock (RBLK) to position for 100x returns in 2024.
While the Book of Meme price appeared to be on the road to recovery in July with a 35% increase, the 12% drop this week has dashed the hopes of most investors. With the Book of Meme price still down almost 50% from only 2 months ago, investors are moving on from the latest victim of the memecoin meltdown.
Not all investors have given up hope in memecoins, but with Book Of Meme continuing to fall investors are leaving the niche at record rates. While Book Of Meme could recover, experts believe that Book Of Meme will likely be overshadowed by more popular meme coins. As a result, Book Of Meme could become another failed meme coin.
The Aevo price is up to $0.54 after opening the month at around $0.47. However, this is still a recent drop in the Aevo price after a local high of $0.60 last week.
Aevo investors are excited about the prospects of significantly increased traffic following the approval of the Ethereum ETFs. Aevo’s unique derivatives trading platform may be in high demand as all the traffic from the Ethereum ETFs drives a whole new generation of dApps in the Ethereum ecosystem.
The money flowing out of memecoins is looking for this next cycle’s top-performing sector, and many investors think they have found it in GambleFi.
Rollblock’s innovative take on the online casino has it positioned to be the top beneficiary of these shifting investment flows. The global gambling industry is estimated to be worth $450 billion, and it is an ideal new frontier for crypto innovations.
Rollblock’s ingenious new take on the classic online casino is a DeFi casino that shares its revenue. Rollblock achieves this through buy and burns using up to 30% of each week’s revenues, with some of these tokens being held back for staking rewards with massive APYs.
Rollblock also has one of the best online casino platforms in the industry, with more than 150 of the best games that providers have to offer. Players can enjoy old classics like blackjack and roulette or exciting new takes on slots. The platform also plans to introduce sports betting, further increasing its appeal.
Rollblock’s 4th presale stage is selling out even faster than previous stages as the word about this GambleFi juggernaut spreads. At the current rate of demand, the token price of $0.017 is projected to increase up to 10x by the end of the presale.
The latest 2024 estimates now have RBLK closing out the year at 100x to 200x its current presale price.
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Website: https://presale.rollblock.io/
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