They say a rising tide floats all boats, but the expected tidal wave of Ethereum ETFs raised absolutely nothing. Shiba Inu lost 7% of its value over the last week
As the crypto markets continue to experience choppy waters, some tokens are faring better than others. Shiba Inu (SHIB) has lost steam after a strong early 2024, while Toncoin (TON) is also seeing some losses after a stellar year. However, one Ethereum token is still heading ever upward—and it’s definitely worth exploring.
Shiba Inu (SHIB): The Ebbs and Flows of Meme Coins
The first half of 2024 has seen a boom in the value of meme coins like Shiba Inu. These coins are usually Ethereum tokens thanks to the ease of use and security of Ethereum. Shiba Inu, the master Dogecoin impostor responsible for some of the greatest profits in history, is one such Ethereum token.
Shiba Inu has not been doing too well since it peaked in March this year. SHIB has lost nearly 60% of its value in four months.
Ethereum tokens across the cryptosphere, including Shiba Inu, hoped that the Ethereum ETFs would push up the ETH price and buoy Ethereum token prices and Shiba Inu along with it, but Ethereum itself is down over 10% in a bad week for the second-largest cryptocurrency.
Shiba Inu price analysis for the last seven days reveals a 7% loss, bringing SHIB to $0.00001016 at the time of writing. SHIB is now ranked 15th on CoinGecko.
Toncoin (TON): Strong Solution, But Starting To Wobble
Toncoin is a success story like few others. Over the last 365 days, the Ton price has been the second-best performing large cap token, surpassed only by Solana. Trading at $6.50, the Ton price has gained 180% in YTD gains.
While nobody thinks the Ton price party is over, the Ton price has come under some downward pressure, as the token lost 20% of its year-to-date high.
In the middle of June, the Ton price wicked out at over $8.25, respectfully higher than the $2.33 Ton price on New Year’s Day. Still, a 20% loss is worrisome.
The Ton price opened 2024 at $2.33 and reached a local high of $8.25 on June 16. After reaching $7.35 on June 22, the Ton price began losing steam. Now trading hands at $6.50, the Ton price is up 180% for the year-to-date.
After a stellar year with 20% losses over the last 30 days, Toncoin is now ranked 23rd on CoinGecko.
Toncoin price analysis for the last seven days reveals a 10% loss, bringing TON to $0.006466 at the time of writing.
Rollblock (RBLK): Ethereum Token Powers Online Gambling Engine
There’s a reason Ethereum is the #2 token: it’s as robust and secure as Fort Knox, easy to develop on, and as universal as Bitcoin itself. When the Rollblock developers decided to make RBLK an Ethereum token, they put an ace in the hole.
That is just what you need when you build the world’s first no-KYC play-to-earn gambling dApp. For an environment where security is surpassed only by fair play, the publicly auditable backbone of Ethereum is where one wants to be.
Rollblock offers over 150 games to its thousands of users, and what better way to make sure it’s smooth sailing than with an Ethereum token?
The Rollblock RBLK token is the governance token of the Rollblock online gambling dApp and is limited to only a billion tokens. Not only are these tokens deflationary, but they are also revenue generating!
Rollblock token holders get paid a weekly dividend of the income generated on the dApp. And what’s more, RBLK tokens can even be staked for an APY rate unavailable at any bank.
Priced at $0.0172, Rollblock has generated north of $1.5 million in liquidity, and only a limited amount of the fourth phase presale tokens are still available. Can you afford not to take a chance on Rollblock?
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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