Proof-of-stake (PoS) cryptocurrencies like Cardano and Shiba Inu are fancied by investors because of their staking possibilities. These create avenues for them to earn passive income, making it easier for non-active traders to profit from locking up their ADA and SHIB tokens for periodic staking rewards.
However, many SHIB and ADA investors are turning to a new online casino called Rollblock because of its significantly higher staking yields. The new crypto project is also on presale and has raised almost $5 million, causing crypto analysts to tip it as the next altcoin to explode in 2024. Let’s find out why.
Rollblock staking yields cause massive whale attention
While SHIB and ADA have their staking APYs capped at 3.5% and 12%, respectively, Rollblock shines through the DeFi market with its staking rewards of up to 30 APY for RBLK holders. This is significantly higher than even top cryptos like Bitcoin and Ethereum offer, causing a massive interest in the Rollblock token.
Besides the massive earnings from crypto staking, investors are bullish on Rollblock because the online casino has other rewards for its token holders. These include additional rewards from profit-sharing, which offers RBLK holders a portion of the gaming site’s weekly profits.
Moreover, there’s a rakeback program that offers investors daily, weekly, and monthly cashback rewards from their games. That means they can channel their efforts into winning while playing games and also get some money back to keep the fun going.
Additionally, there’s the Rollblock VIP program with cash bonuses for dedicated players and token holders based on how many RBLK tokens they own. These earning opportunities have strengthened the demand for Rollblock among Cardano and Shiba Inu investors looking for higher staking returns.
Cardano regains momentum after initial price dip
The ADA price has been a cause of concern for investors all year round because of its inconsistent trends. Despite its recent developments and bullish conversations from the Cardano founder, Charles Hoskinson, the token has been struggling. However, a 4.7% gain in the last seven days suggests a new bullish momentum.
Though there are no guarantees, ADA investors are hopeful it could be the start of something new for the project. These investors also favor ADA for its staking returns, ranging from 1.80% to 3.5% annual percentage yield (APY).
Shiba Inu price remains in the green zone despite all odds
Shiba Inu is another altcoin that has had a rough year. Though SHIB investors may have realized up to 130% increase in the coin’s value compared to the past year, the constant green and red charts tell a tale of Shiba Inu’s struggles to sustain any bullish trend it experiences.
For context, the SHIB price has fallen and risen over the last 30 days, resulting in panic for investors. However, many have stuck around for their staking rewards ranging from 1% to 12% APY, depending on the staking platform.
Conclusion
Rollblock sets itself apart with its unique infusion of DeFi features like crypto staking into casino gaming. With up to 30% APY, investors have found a high-yield altcoin to outshine SHIB and ADA.
Rollblock is currently on presale and has raised over $4.8 million in stage 7. The token is also valued at $0.033, cheaper than top cryptocurrencies with lower staking rewards.
Discover the exciting opportunities of the Rollblock (RBLK) Presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://blockchainreporter.net/cardano-and-shiba-inu-investors-turn-to-rollblock-for-higher-staking-rewards-and-online-casino-access/