Memecoin season fades on Tron and Solana as utility tokens explode

As memecoin season fades, utility tokens like Rollblock are taking center stage, with RBLK surging 160% in value in just weeks amid surging demand.

Just a few weeks ago, memecoin season was in full swing. The total value of memes hit an all-time high of $70 billion. However, Solana has lost 40% of its yearly high, as have Sol memes. Even Tron, which recently had a huge success with its Sunbomb memecoin launcher, has lost its luster.

But as the memecoin season continues to wane, the potential for utility tokens to deliver sustainable growth and real value is becoming increasingly clear. Among these promising utility tokens are: rolling blockwhich turned into a gold rush and rose by 160% in just a few weeks. Let’s find out why.

Tron movie meme craze fails

Justin Sun’s embrace of meme culture on Tron was one of the highlights of this year’s meme coin season. In a short time, the DeFi network soared to new highs before faltering due to dwindling investor interest.

Tron (TRX), which was once up 24.8%, is down 9.5% from its peak. While some Tron-based coins like Sundog and Muncat have seen a rally, perhaps fueled by social media buzz, the broader picture shows only fading enthusiasm.

Solana memecoins dropped by 30%

Solana memecoins have had an amazing year. Initially, SPL meme coins, BONK, and WIF were the starters that helped the Solana token recover from its 2023 lows. But Solana’s recent tumbles have only caused a ripple effect that has seen many SPL memecoins lose over 30%.

The fading meme season frenzy has also dampened Solana’s spark. Despite continued accumulation at the $125 support level, SOL has struggled to break the $140 resistance level. The decline in Pump.fun user activity, coupled with the overall decline in Solana’s value, suggests waning interest as investors flock to promising utility tokens.

GambleFi Rollblock utility token value up 150%

While TRON and Solana continue to falter, utility tokens dominate the bullish crypto narrative. It seems like the Memcoin season is not over yet, but Rollblock’s ingenuity has taken over. Faster than a forest fire. And the reason is pretty obvious: utility tokens like Rollblock provide value and purpose that memecoins can’t.

GambleFi’s protocol, which embodies the Las Vegas fantasy dream through AI-powered DeFi casinos, has resonated well with investors seeking massive gains and value-driven interest. At its core, Rollblock addresses the shortcomings of traditional casinos with a fair, blockchain-based casino.

In addition to offering over 7,000 slots, table games, sports betting and classic Web3 games, Rollblock holders earn passively and continuously. The revenue sharing program distributes 30% of the generated revenue to the community. In addition, there are opportunities to hold funds to earn, cash out and wager them to maximize profits.

For a token that is expected to rise 100x in price to become the first mover in the $500 billion iGaming market, it’s easy to see why Rollblock is thriving. The Rollblock presale has already raised $3.4 million, and experts believe it’s an easy 100x. The 160% price surge seen by early investors is indicative of this reality. Fortunately, the utility token is still in its Phase 6 presale at $0.026.

To learn more about Rollblock, visit: Official website And for her social media sites.