Andrew Tate sparks TOPG meme coin rally by burning $11M tokens on Solana. Investors also betting big on Rollblock

Andrew Tate sparks TOPG meme coin rally by burning $11M tokens on Solana. Investors also betting big on Rollblock

By News Team - min read
Updated 04 July 2024

Andrew Tate’s recent move in the cryptocurrency market has sparked significant interest, igniting a passionate rally within the TOPG (TOPG) Memecoin community. However, this surge of enthusiasm isn’t confined to TOPG; Tate’s bold decision to burn $11 million worth of tokens has fueled discussions on scarcity and value in the crypto space. Amidst this buzz, Rollblock (RBLK) emerges as another top cryptocurrency project garnering investor attention, signaling a growing trend towards token burning and innovation in the market.

Andrew Tate Sparks TOPG Memecoin Frenzy with Bold Token Burn

Andrew’ Top G’ Tate stirred up X (formerly Twitter) with promises to disrupt the Solana (SOL) network and champion meme coins, even vowing to hold onto donated tokens indefinitely. When a new meme coin, ‘Top G (TOPG),’ flooded Tate’s wallet with a donation worth millions, speculation arose about Tate’s involvement.

True to his words, Tate burned his entire stash in response to a challenge, causing a surge in TOPG’s price before it retraced significantly. This reduction in supply caused a rapid surge in the TOPG price, peaking at a whopping 700%, with the tokens subsequently sent to the SOL Incinerator. In a bold move, Tate burned TOPG tokens worth over $10 million, emphasizing that his actions were not about financial gain but about sending a message: ‘I am an agent of chaos with no financial goals.’

Solana Price Undergoes Rollercoaster Momentum Amids Market Dips and Integration Buzz

Solana (SOL), one of the top meme coins, has recently experienced a slight decline in market value, falling below $170 and trading around $161. This dip has triggered concerns among holders despite the market showing signs of recovery last month with a modest 9% increase, as Solana’s price fluctuated between $140 and $180.

Although Solana price dropped by 2% last week, it has achieved an impressive 992% increase over the past year. Adding to the growing excitement is Solana’s integration into the IBC interoperability protocol, coupled with the community’s enthusiasm following the launch of PayPal USD on its network. Given the recent developments, analysts predict a boost in DeFi activities within Solana’s ecosystem, potentially pushing SOL’s price above $180 again.

Rollblock (RBLK) Tops Other Cryptos with a Token Burning Sensation

Rollblock (RBLK) is taking the token-burning trend a notch higher by applying a more dynamic approach, attracting significant investor interest in this year’s presale market and emerging as a top contender in the cryptocurrency space. 

Notably, Rollblock allocates up to 30% of its weekly revenue to repurchase the native RBLK token from the open market. Half of these tokens are subsequently removed from circulation through token burning and the rest allocated to staking rewards. This in turn boost the value of the native token as well as the potential return on investment for token holders

However, Rollblock offers more. The platform also introduces additional features, such as a live casino powered by blockchain technology. Unlike traditional online casinos, Rollblock incorporates crypto payments and provides a secure, transparent, and user-friendly platform with over 150 gameplay features.

This blockchain integration, coupled with the link to the booming online gambling industry, is projected to hit $744 billion by 2028 and adds to the optimism surrounding Rollblock’s fully licensed igaming platform. While it continues to set itself apart as a top altcoin investment, Rollblock also offers a hassle-free registration process that requires no KYC verification or additional downloads, thus appealing to a wide range of crypto investors.

Currently priced at $0.014 in the third presale stage, the Rollblock token has amassed over $740,000 in presale revenue, resulting in early investors enjoying a 40% return on their initial investment of $0.010 per token.

Can Rollblock Rank as a Top Cryptocurrency to buy in June Alongside TOPG and SOL Tokens?

Rollblock stands out for many reasons, one of which is its pioneering role in the GambleFi niche. While it remains appealing to investors seeking portfolio diversification and exposure to the GameFi sector, Rollblock’s RBLK tokens are swiftly selling out, positioning Rollblock to ascend among the top cryptocurrencies to watch in June with 100x potential.


Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!