As the current trading cycle unfolds, it’s clear Cardano is struggling. The token has experienced a sharp decline, which has led investors to seek out other trading opportunities that show more promise. Many have headed out to invest in Kaspa and a new altcoin that’s gaining traction in its presale stage: crypto casino Rollblock.
Cardano Loses 5.03% in 24 Hours
Cardano’s sharp price decline has led to widespread discussions. With a 5.03% drop over the last dayand a 16.5% weekly decrease, Cardano investors are wise to be looking elsewhere. This brutal price action is said to be down to a general pessimistic attitude–and it’s not only affecting Cardano. At its current price of $0.335, Cardano has now dropped below its important moving averages, including the 100 and 200 EMAs.
Kaspa Drops By 3.22% Holders Still Bullish
Like Cardano, Kaspa has seen a decline in its price over the last 24 hours and has settled at $0.1424. However, this price drop for Kaspa isn’t as big a story as Cardano’s, and the coin continues to generate investor interest. This is due to Kaspa’s status as a top-ranking cryptocurrency that isn’t yet on a major exchange like Coinbase or Binance. As such, Cardano holders are still seeking out Kaspa with its potential for growth.
Rollblock Presale Gains Momentum with Cardano Holders Switching
Rollblock’s presale has drawn the attention of new and seasoned investors, including those disillusioned by Cardano’s outlook. This decentralized GambleFi ecosystem is built on the Ethereum blockchain and it features a DeFi casino with its own native $RBLK token.
The platform is unique for several reasons. Many users are enjoying the opportunity to mix gambling with decentralized finance while others are impressed by the opportunities its revenue-sharing model presents.
In terms of the casino, Rollblock offers everything users want in terms of games. There are all of the traditional casino offerings like roulette and blackjack, alongside modern video slots by some of the top-name software developers in the iGaming world. The platform is fully licensed with a no-KYC policy, meaning that investors benefit from the enhanced privacy and security of a blockchain casino.
One of the project’s most intriguing features is the revenue-sharing mechanism. Every week, Rollblock will buy back $RBLK tokens using up to 30% of its casino revenue. 50% of these tokens will be burned and 50% will be distributed to holders. This two-fold arrangement means that the native Rollblock coin becomes more scarce and thus, highly deflationary and more valuable.
Rollblock is currently in its 7th presale stage and has already drawn interest from more than 7,500 investors who, together, have invested over $4 million. With all that Rollblock has to offer, analysts believe that a 100x surge could be on the cards when the bull market is in full swing in 2025. The best time to get involved? Today!
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-price-predictions-no-new-all-time-for-ada-this-cycle-investors-are-buying-kaspa-and-rollblock-instead/