Rollblock and Shiba Inu: 2 Altcoins With Insane Deflationary Tokenomics That Could Be Set To Compete with Solana For Gains

bitcoinistPublished on 2024-09-26Last updated on 2024-09-26

Abstract

Deflationary tokenomics plays a major role in determining a crypto project’s long-term success and potential upside. Token burns reduce the...

Deflationary tokenomics plays a major role in determining a crypto project’s long-term success and potential upside. Token burns reduce the circulating supply of a deflationary token, increasing its scarcity and therefore its potential to appreciate in price. It is for this reason that analysts are tipping new GambleFi presale sensation Rollblock and big-cap meme coin Shiba Inu for better gains than L1 smart contract platform Solana in 2024. Learn why pundits believe Rollblock is the next big crypto that’s ready to go on a similar trajectory to the resurgent Solana price action this year. 

Can Shiba Inu recreate its 2021 chart again?

Shiba Inu mooned in 2021 off the heels of perhaps the greatest bull run in history, generating an absurd 70 million percent in gains. That’s not a misprint—Shiba price action literally rose from US$0.0000000001 in mid-2021 to its all-time high of US$0.00008845 in late October 2021. Investors who threw in $50 of their lunch money ended up millionaires, cementing SHIB’s place in the annals of crypto history. The Solana price run to all-time highs in the same year pales in comparison to Shiba Inu. However, the chances of SHIB recreating its epic 2021 run are slim to nil—however, thanks to its deflationary tokenomics, SHIB has more potential to pump than the Solana price.

Solana price rally hits roadblock at $150

The Solana price predictions some backers were coming up with during 2024 were a bit too bullish. As evidenced by the Solana price chart on the year, the best it could muster was a run to $202 last March. Since then, the Solana price has seen lows of $113 in August until bouncing back to $150 as of press time. The next major resistance level for Solana is $150, which it has failed to breach in September. A major concern for potential Solana investors is its inflationary nature, which hamstrings the potential for Solana’s price to recreate its epic 2021 run in the future. 

Rollblock tagged as next big crypto to go on an epic run in 2024

Pundits are pointing towards Rollblock as the next candidate to go on a parabolic run that could outperform Shiba Inu and Solana in terms of potential gains in the coming years. One major factor is its low-cap blue chip status in a lucrative industry. Rollblock is, after all, taking the $450 billion online gambling industry to Ethereum with the launch of its GambleFi protocol. 

Rollblock enables users to play over 7,000+ slots, table games, live dealer games, and sports betting markets in its no-KYC community-backed crypto casino. Coupled with its staking rewards and revenue share, Rollblock is poised to dominate the GambleFi sector with its innovative platform. Rollblock is decentralized, fully transparent, and accessible around the world, ensuring that it caters to global iGaming audiences. Like Shiba Inu, Rollblock possesses deflationary tokenomics that positions its native token, $RBLK, for instant parabolic growth. 

With token prices available at just $0.027, Rollblock offers a higher price appreciation upside compared to SHIB or SOL in 2024 and beyond. Early investors are already up by 170% since the presale launched, but with token prices set to increase in every stage, you can still get in on the early gains before the inevitable moon once $RBLK lists. 

Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

SUI Stunning Rally Continues As Bitcoin Aims For $65K – Has The Bull Run Began?

SUI Stunning Rally Continues As Bitcoin Aims For $65K – Has The Bull Run Began?

1 min ago
Coins To Watch Now The Fed Reverse Has Slashed Interest Rates: Solana, Raboo And Toncoin

Coins To Watch Now The Fed Reverse Has Slashed Interest Rates: Solana, Raboo And Toncoin

3 mins ago
Experts Predict This $0.001 Crypto Gem To Hit $1 Before Dogecoin (DOGE) and Kaspa (KAS)

Experts Predict This $0.001 Crypto Gem To Hit $1 Before Dogecoin (DOGE) and Kaspa (KAS)

18 hours ago
Lunex Network Gains Attention After Crypto Whale Dumps an Astonishing $80m In Solana (SOL)

Lunex Network Gains Attention After Crypto Whale Dumps an Astonishing $80m In Solana (SOL)

18 hours ago
Cryptocurrency Enthusiasts Flocking To These Altcoins Before The Next Rally: (SOL), (SUI), (CUTO)

Cryptocurrency Enthusiasts Flocking To These Altcoins Before The Next Rally: (SOL), (SUI), (CUTO)

22 hours ago
These Cheap Cryptos Can Help You Turn $100 Into $10K In 2024

These Cheap Cryptos Can Help You Turn $100 Into $10K In 2024

1 day ago

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
mantra
MantraMANTRA
xvs
VenusXVS
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
jst
JUSTJST

Related Reads

China's No.1, Closing in on OpenAI, Mysterious "Sweeping Monk" Rises to Top Seven Globally

A mysterious Chinese AI project named "MopMonk" (meaning "Sweeping Monk") has achieved a top-ranking result on the globally recognized CyberGym cybersecurity benchmark. With a 73.1% success rate, it ranks seventh worldwide and first among Chinese entries, performing closely behind OpenAI. The significance lies in the benchmark itself. CyberGym, created by UC Berkeley, is considered a premier "Olympics" for AI security. It tests models on over 1500 real-world software vulnerabilities, requiring them to not just identify but actually generate working exploits (PoCs) in a complex, offline environment. This moves beyond simple knowledge to testing an AI's practical "execution" capabilities. MopMonk's approach is notable. It uses the open-source MiniMax M3 model from Shanghai as its powerful reasoning "brain," leveraging its strong coding skills and long context window. However, the key to its performance is a custom-built, multi-agent security framework—its "Harness." This system uses structured "vulnerability memory" to efficiently guide the search for exploits, allowing multiple agents to explore in parallel while sharing lessons learned from failures. This engineering layer effectively translates the model's intelligence into actionable, iterative testing steps. The project remains highly secretive, with no official website or team information, embodying the "dark horse" spirit of its literary namesake. Its success highlights a potential industry shift: beyond simply scaling model size, the engineering of specialized agent systems (the Harness) is becoming a critical differentiator for real-world AI application performance, especially in complex domains like cybersecurity.

marsbit27m ago

China's No.1, Closing in on OpenAI, Mysterious "Sweeping Monk" Rises to Top Seven Globally

marsbit27m ago

Will History Repeat Itself? Fidelity Lists Five Catalysts to End the Crypto Winter

Fidelity's new report suggests that the current crypto winter for Bitcoin may be nearing its end, identifying five potential catalysts that could drive a market turnaround based on historical patterns. First, Bitcoin's approximately four-year cycle, driven by its halving mechanism, historically marks peaks and troughs. The last bottom was in November 2022, potentially pointing to the next around November 2026, though cycle length can vary. Second, clearer regulation has often preceded past bull markets. The focus is now on the CLARITY Act, which aims to clarify US digital asset oversight between the SEC and CFTC. Its passage could unlock domestic activity currently held back by legal uncertainty. Third, Federal Reserve monetary policy plays a role. A shift to lower interest rates tends to correlate with rising crypto prices by reducing borrowing costs and boosting risk appetite, though markets may price this in well ahead of any official change. Fourth, the emergence of breakthrough applications can fuel investor interest. Current trends like real-world asset tokenization, AI-related crypto infrastructure, and stablecoins are being watched, but history shows the biggest catalysts are often unexpected. Fifth, a new wave of institutional adoption could be a trigger. While ongoing adoption in 2026 hasn't sparked a new bull run, a major unexpected move—like a significant purchase by a tech giant or adoption as a hedge in a global crisis—could create a powerful new narrative. Fidelity concludes that while the market is in a downturn, historical turning points have often resulted from a combination of such factors, and the next phase for Bitcoin may depend on which of these catalysts materializes first.

Foresight News35m ago

Will History Repeat Itself? Fidelity Lists Five Catalysts to End the Crypto Winter

Foresight News35m ago

India’s USDT premium surges above 8.5% as regulatory pressure tightens supply

India's USDT premium has surged above 8.5% as regulatory pressure tightens the supply of stablecoins domestically. This has pushed the price of USDT to ₹102.88 against an official USD/INR rate of ₹94.65, widening the premium well beyond its typical 3-4% range. The supply contraction, driven by enforcement actions and increased oversight discouraging capital inflows, has created a significant imbalance. Demand from traders, cross-border users, and businesses remains strong for uses like payments and dollar-backed value storage, but compliance risks are hindering arbitrage and new USDT inflows. Market data shows high transaction counts but low volumes, with buy volume severely lagging sell volume, indicating constrained liquidity and reduced market-making capacity. Prolonged regulatory uncertainty risks sustaining elevated premiums, pushing activity toward informal channels or offshore liquidity. The summary concludes that while demand for USDT in India is resilient, clearer regulations and improved compliance pathways are needed to restore supply, efficient pricing, and market efficiency by narrowing the premium.

ambcrypto1h ago

India’s USDT premium surges above 8.5% as regulatory pressure tightens supply

ambcrypto1h ago

US CFTC Launches Broad Investigation into Polymarket, Is the Prediction Market Party Coming to an End?

The U.S. Commodity Futures Trading Commission (CFTC) is conducting a broad investigation into the prediction market platform Polymarket, focusing on its business practices including social media promotions. This follows a bipartisan letter from U.S. senators urging the CFTC to probe alleged fraudulent marketing tactics used to promote gambling-like products. The action coincides with a period of explosive growth for the prediction market sector, driven by events like the World Cup, with platforms like Kalshi and Robinhood reporting record trading volumes and revenue. The investigation signals a potential end to the sector's unregulated expansion and may lead to clearer federal oversight, particularly regarding investor protection and distinguishing prediction markets from traditional sports betting. The CFTC's move has also intensified a jurisdictional conflict with multiple U.S. states (including Kentucky and New York), which have sued platforms like Polymarket and Kalshi, accusing them of operating illegal sports betting and threatening state gambling tax revenues. Furthermore, the CME Group has sued the CFTC, challenging its approval of certain prediction market products. The report also highlights the political and capital interests intertwined with the industry. Donald Trump Jr. holds advisory and investment roles in both Kalshi and Polymarket, and the Trump administration has previously emphasized federal regulatory authority over these markets. The CFTC's investigation into Polymarket is framed as a step towards formalizing the industry's regulatory landscape, moving it from a phase of "wild growth" towards a more structured future.

marsbit2h ago

US CFTC Launches Broad Investigation into Polymarket, Is the Prediction Market Party Coming to an End?

marsbit2h ago

U.S. CFTC Launches Extensive Investigation into Polymarket, Is the Prediction Market Frenzy Season Cooling Down?

The U.S. Commodity Futures Trading Commission (CFTC) has launched a broad investigation into the prediction market platform Polymarket, focusing on its business practices including social media activities. This follows a bipartisan letter from U.S. senators urging the CFTC to probe allegations of paid influencer false marketing and fraudulent promotion of gambling-like products to American users. The investigation comes as the prediction market sector experiences explosive growth, largely driven by the World Cup. Weekly trading volumes have hit record highs, exceeding $14.4 billion, with platforms like Kalshi and Robinhood's new venture seeing significant activity. Major firms like Meta are also showing interest in the space. This regulatory scrutiny signals a potential end to the sector's "wild growth" phase. The CFTC's move also highlights an escalating jurisdictional conflict between federal regulators and state authorities. Over a dozen states, including Kentucky and New York, have sued platforms like Polymarket and Kalshi, accusing them of operating illegal sports betting, which threatens state gambling tax revenues. The CFTC is countersuing to assert its exclusive federal jurisdiction over these "event contracts" as derivatives. Furthermore, the CFTC's approval of Kalshi's Bitcoin perpetual futures contract has sparked a lawsuit from traditional exchange CME, alleging regulatory overreach. The political and capital landscape is intricate, with Donald Trump Jr. holding advisory roles and investments in both Kalshi and Polymarket. This connects capital, political influence, and regulatory bodies, suggesting the current investigation may be a step toward formalizing the industry's rules rather than halting its progress.

Odaily星球日报2h ago

U.S. CFTC Launches Extensive Investigation into Polymarket, Is the Prediction Market Frenzy Season Cooling Down?

Odaily星球日报2h ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of SOL (SOL) are presented below.

活动图片

Top Questions