Analysts Say Cardano Price Unlikely To Reclaim $1 Anytime Soon – Kaspa and Rollblock Offer Better Opportunities

Share This Post

rollblock

The post Analysts Say Cardano Price Unlikely To Reclaim $1 Anytime Soon – Kaspa and Rollblock Offer Better Opportunities appeared first on Coinpedia Fintech News

Cardano (ADA) has gone from a top altcoin to sliding into obscurity over the span of a few months. Analysts are recommending looking into the new crypto stars, Kaspa (KAS) or crypto casino Rollblock (RBLK) instead. Rollblock in particular is currently projected to launch at least 100x higher out of its already successful crypto presale. 

Cardano Crushed as Layer 1 Blockchain Market Concentrates 

Cardano was originally expected to be a contender for the top Layer 1 blockchain. A strong rally in the Cardano price to $0.80 in 2024 led some to believe that this time had come.

However, the rise of Solana has now concentrated the market in the two largest ecosystems and sent smaller Layer 1 blockchains like Cardano crashing. Analysts do not expect the Cardano price to return anywhere near $1 anytime soon as its struggles continue.

Kaspa BlockDAG Rally to Reignite Before 2025 

Kaspa has managed to avoid this market concentration by bringing a BlockDAG revolution to the old Proof of Work model. Users who prefer the safety and stability of Proof of Work can now also enjoy the fast speed and low cost of modern blockchains thanks to Kaspa’s BlockDAG technology.

The Kaspa price has already enjoyed stellar growth this year, touching a 2x increase at its highest point. After a slide down to around $0.15, analysts now expect the Kaspa price to rally again for a further 2x growth before 2025.

Rollblock’s Game-Changing Online Gambling Experience Driving Massive Growth

Cardano’s slide and Kaspa’s rise are footnotes compared to the changes that crypto casino Rollblock is bringing to its industry. This top altcoin is in the process of revolutionizing the online gambling experience and taking a massive bite out of the industry’s $500 billion in annual revenue.

Before Rollblock moved online gambling onto the blockchain, it was plagued with registration delays, miles of red tape and gouging transaction fees. Now more than 20,000 players from all over the globe can access 7,000 of the industry’s best games instantly and with zero hassle.

Rollblock’s players have the option of choosing from 20 different major cryptocurrencies when they play. They will also be able to use Rollblock’s house token, RBLK, to enjoy great rewards just for holding the token.

The biggest benefit of gambling with RBLK is its innovative revenue-sharing model. 

RBLK is bought back from the market each day with 30% of the casino’s revenue. Half of them are burned to increase the value of the remaining RBLK supply through deflationary pressure. The other half is given out as staking rewards with some of the best APYs that can be found on the market today.

Rollblock’s rapidly expanding market share is expected to drive at least 100x growth for RBLK in 2024 alone. 

Rollblock’s crypto presale is now in its seventh stage. Tokens are selling for just $0.03 with a generous 25% purchase bonus active for the next seven days.

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

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Funding Rates Down: Is Bitcoin Heading For A $90K Correction?

Bitcoin’s recent price fluctuations have left investors in a state of uncertainty, as the cryptocurrency has seen a dramatic decline from its peak of nearly $107,000 to around $94,550 This

Bit Digital’s Crypto Holdings Increase to 742 BTC and 27,624 ETH

Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets Strategic Diversification Key to Bit Digital Crypto Holdings Bit

Block edges closer to becoming first Bitcoin treasury firm to enter S&P 500

The fintech company Block could be the first publicly listed company holding Bitcoin (BTC) in its treasury to integrate the S&P 500 Index within 21 months, according to Matthew Sigel, head of

Time to Buy Bitcoin? $1.02B BTC Outflow Raises Hopes of Price Rebound

The post Time to Buy Bitcoin $102B BTC Outflow Raises Hopes of Price Rebound appeared first on Coinpedia Fintech News Following the report released by the Institute for Supply Management (ISM),

What To Expect After The Bitcoin Price Crash Below $100,000

The crypto market faces renewed volatility and uncertainty following the recent Bitcoin price crash below the $100,000 mark As a result, a crypto analyst has shared a rather lengthy X (formerly

Bitcoin Price Crash Imminent? US DOJ Receives Greenlight To Sell 69,370 BTC Worth $6.58 Billion

The Bitcoin price has been on a fresh decline in the past 24 hours after it broke above the $100,000 level again very briefly This decline has seen Bitcoin break below the $95,000 price mark again,