Some on-chain observers have pointed to funds moving out of meme tokens such as Dogecoin and Shiba Inu and into other assets, including Rollblock (RBLK). Independent verification and attribution vary by source.
Market participants often reallocate between higher-risk narratives such as meme coins and projects that present themselves as offering product utility or user activity. That said, on-chain flows can be difficult to interpret and do not, on their own, establish investor intent or future performance.
The question is whether DOGE and SHIB are losing momentum and whether interest is shifting to newer tokens such as Rollblock.
Rollblock (RBLK) and Reported Activity Around Its Token Sale
Rollblock is an ERC-20 project that describes itself as a licensed iGaming and sportsbook protocol. Project materials also describe a platform aimed at combining gaming features with on-chain settlement.
According to Rollblock’s own disclosures, the project has raised over $11.4 million in a token sale and its gaming ecosystem has processed $15 million in wagers ahead of the token’s broader availability. The project also lists RBLK at $0.068 at the time of writing in those materials. These figures have not been independently verified in this article.
The project positions its product as an alternative to holding tokens purely for speculation, emphasizing platform participation as part of the ecosystem design.
Rollblock states that its platform includes a large catalog of games, live-dealer offerings, and sports prediction markets. The project argues that platform usage supports activity around the RBLK token, although the relationship between platform usage and token demand can vary widely across projects.
Project materials cite several factors it believes contribute to interest in RBLK:
- An iGaming-focused ecosystem built for crypto users (as described by the project)
- A stated token supply cap of 1 billion
- Staking and play-related incentives described by the project, including figures that have been marketed as “up to 30% APY” (terms may change and are not guaranteed)
- Onboarding features such as quick signup and multiple payment options, according to project materials
Rollblock also describes a buyback-and-burn mechanism in which a portion of platform revenue is used to repurchase tokens; project materials state that 60% is burned and 40% is distributed to stakers. These mechanisms can affect supply dynamics, but they do not ensure price outcomes.
Claims about “whale” participation and large inflows are frequently cited in token-sale marketing and on social media; readers should treat such narratives cautiously and verify them against independent on-chain analysis where possible.
Dogecoin (DOGE) Price Weakens Amid Market Controversy
Dogecoin saw a corrective move after forming a local top at $0.28 in late July. The market has also discussed a Qubic-related “attack” controversy suggesting the Qubic community was mining DOGE, and Dogecoin’s price reportedly fell from $0.24 to $0.22 during that period.
As of August 18, Dogecoin is trading for $0.223 following another 6.27% intraday decline. If DOGE moves below the $0.22 level, it could see additional downside, including a move toward the $0.14 area, though such scenarios are uncertain.
From a technical standpoint, Dogecoin’s RSI of 49 suggests room for movement in either direction. However, the Momentum Indicator and MACD histogram have been interpreted by some traders as reflecting bearish conditions. If selling pressure increases, Dogecoin could track broader weakness seen across parts of the meme-coin market.
Shiba Inu (SHIB) Metrics Show Weak Demand
Shiba Inu’s burn-rate metrics have shown sharp swings, including a reported 1550% increase over a recent period, but burn-rate changes do not necessarily translate into sustained market demand.
After a 14.6% monthly decline on the charts, Shiba Inu is now struggling to hold above support near $0.00001027. As of August 18, Shiba Inu is trading for $0.00001259 following another 4.51% decline.
Some on-chain indicators have also been interpreted as weakening: holdings and active addresses have trended downward, and futures open interest reportedly dropped below $200 million on August 17.
Shibarium’s Total Value Locked was reported at $1.69 million, which some commentators viewed as a sign of reduced activity in that part of the ecosystem.
If bearish sentiment continues, Shiba Inu could move below $0.0000115, though near-term price paths are uncertain. Some traders have also discussed reallocations toward newer tokens, including Rollblock, but these narratives should be evaluated carefully.
Meme Coins Lose Momentum; Rollblock Gains Attention
Interest can rotate between meme coins and projects marketed around utility. The comparison below summarizes commonly discussed characteristics based on publicly available descriptions and the project’s own materials; it should not be read as an endorsement.
| Metric | Rollblock (RBLK) | Dogecoin (DOGE) | Shiba Inu (SHIB) |
| Ecosystem | Project describes a licensed iGaming protocol | Meme-driven payments narrative | Meme token with an L2 ecosystem (Shibarium) |
| Utility | Project-reported revenue sharing, staking terms, and buyback/burn mechanics | Community-led usage; utility varies by adoption | Token burns and ecosystem initiatives; adoption varies over time |
| Price Action | Project-listed token-sale price of $0.068 (not independently verified) | Trading at $0.22, with mixed-to-bearish technical readings cited by some traders | $0.00001259, with recent declines and support levels under watch |
| Market narrative | Marketed around platform participation and supply constraints | High-visibility meme asset; often volatile | Meme-driven; sentiment-sensitive |
Overall, Dogecoin and Shiba Inu remain sentiment-driven assets, while Rollblock’s messaging focuses on product activity and token mechanics. None of these factors determine future performance.
Project links (for reference):
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This article contains information about a cryptocurrency token sale. This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
