The crypto market is starting the week on a decisively bullish note with most cryptocurrencies seeing massive increases across the board. Cardano (ADA) and Shiba Inu (SHIB) are leading the way with double-digit gains.
Meanwhile, DeFi GambleFi protocol Rollblock is taking the spotlight with a cutting-edge platform that could redefine crypto gambling forever. Could this newcomer be the next 100x gem? Let’s find out.
Cardano Holders Vindicated After Huge Pump
After months of underwhelming price action, Cardano surprised everyone with an incredible rally. Over the last week, Cardano surged by a staggering 83% with its price peaking at $0.64. As long-term holders and traders began to take profit, Cardano retraced and is currently consolidating around the $0.59 mark, with an 89% increase in trading volume, or roughly $4.7 billion worth of ADA changing hands in the last 24 hours.
This Cardano explosion can be attributed to two major catalysts, both centered around President-elect Donald Trump. In a video on X, Cardano creator, Charles Hoskinson announced that he will cooperate with the Trump Administration to help establish a comprehensive regulatory framework for cryptocurrency adoption. In addition to this, the infamous Gary Gensler, chair of the SEC, which for the last 4 years has waged war against crypto, is expected to resign after pressure from institutions and the general public is mounting in light of Trump’s victory.
Shiba Inu And The Meme Coin Comeback
At press time, Shiba Inu sells for $0.0000256 with a 67% increase over the last 7 days. Shiba Inu volume is also seeing significant action, with $6.5 billion worth of SHIB traded in the last 24 hours.
At this point, Shiba Inu transcended the common meme coin destiny and at $15.3 billion in market capitalization, it has become a legitimate store of value. According to Shibburn data, Shiba Inu’s dedicated burn mechanism, over the last day, there has been a 1000% increase in SHIB tokens removed from circulation. This constant deflation of the Shiba Inu supply plays a crucial role in the sustainable appreciation of the project.
Rollblock Is Set To Outperform Most Majors
Rollblock introduces a GambleFi platform that could redefine the online casino standard. Rollblock exists at the intersection between online gambling and DeFi, providing users with a high-end gaming experience supported by the tried and tested Ethereum blockchain. This means near-instantaneous transactions, increased transparency, and state-of-the-art security features. As the $450 billion gambling industry increasingly migrates online, Rollblock could capture a significant portion of this revenue thanks to its innovative framework.
Over 20,000 users have joined the Rollblock ranks and more than 7,000 games are immediately available, including poker, roulette, and newer AI-powered titles. Aside from its native token, RBLK, the platform supports 20 major cryptocurrencies, offering greater versatility and a wide array of payment options.
Moreover, users have the opportunity to earn passive income via Rollblock’s revenue-sharing mechanism. By reinvesting up to 30% of its weekly earnings, Rollblock will perform open-market buybacks of RBLK and then redistribute 40% of them as staking rewards. As the RBLK token is deflationary by design, the remaining 60% of that amount will be burned, ensuring healthy price action and long-term growth.
Stage 8 of the RBLK presale just kicked off and tokens sell at an attractive price of $0.035. This is the perfect entry point for investors who want to be on the winning side of the GambleFi revolution spearheaded by Rollblock. By the end of the presale alone, RBLK’s price is expected to surge by over 800%, and once the token hits the markets, a 50x moonshot could be on the cards in 2025. Don’t miss out on their current 50% special bonus offer!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
Source: https://bravenewcoin.com/insights/crypto-forecast-cardano-and-shiba-inu-expected-to-take-second-and-third-for-gains-but-whos-first