The craze for meme coins has somewhat subsided but that doesn't mean that meme coins are no longer viable crypto investments.
The meme coin craze may have died down a bit, but that doesn’t mean that meme coins are no longer viable crypto investments. In fact, two OG meme tokens, Dogecoin and Pepe, set the market ablaze back in the day. And while they’ve both had their ups and downs since then, they’re still two of the most popular and well-known cryptocurrencies out there.
But how do they stack up against each other today? And which token offers the best investment returns? Let’s take a closer look.
Dogecoin
Dogecoin has been trading in a band for several months now, with resistance at $0.125 and support at $0110. However, in “Uptober” Dogecoin broke through this resistance level and surged upwards.
Since DOGE maintained this price level for several weeks, meme coin enthusiasts have gone into bullish mode. But it’s important to remember that the crypto industry is quite volatile and DOGE is known to fluctuate wildly.
So, while a Dogecoin comeback is likely, savvy investors would tread with caution.
PEPE
Like most meme coins, Pepe had an okay 2024. It hit a high in late May and gradually shed most of the value gained over the next couple of months.
However, in August, PEPE started rallying even though the crypto landscape wasn’t favorable. It’s not clear whether PEPE would keep appreciating, but there are some disturbing signals that show that PEPE could be bleeding investors.
For instance, the daily trading volume of the token has been on a downward trend for the last month.
At its peak, over a billion dollar worth of PEPE was traded each day, but this figure has halved now.
Coupled with declining prices during the same period, PEPE paints a picture of a token whose investors are searching for greener pastures.
Dogecoin vs Pepe: Which token offers the best investment returns today?
The biggest problem for PEPE and DOGE is their established status. They’ve seen their best days, and investors are more likely to warm up to new crypto projects.
For example, Rollblock powers an AI-driven GambleFi ecosystem that is shaking up the $450 billion gambling industry.
Unlike the average online casino, it accepts cryptocurrency deposits, giving access to more people.
The platform offers over 150 casino games from top providers and there’s an extensive sports betting section for sports-loving gamblers.
Rollblock also offers users bonuses, rakebacks and swift withdrawals, making it a highly competitive gambling platform.
What sets Rollblock apart is its focus on trust and transparency.
By using blockchain to record transactions, it eliminates possibilities of sharp practices and manipulation, making it the go-to gambling haven.
That is why the Rollblock presale is attracting an influx of crypto investors.
Now in stage 7, it is available for $0.033, and 35 million tokens have been sold already.
A potential profit of 100x awaits early Rollblock investors, according to experts.
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