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Cryptocurrency News Articles
Cardano (ADA) and AVAX Will Face Stiff Competition from Rollblock’s Revolutionary GambleFi Ecosystem
Sep 29, 2024 at 05:00 pm
Cardano and Avalanche have been working on big innovations to their ecosystems lately, but Rollblock’s new Web3-based crypto casino is expected to overthrow both ADA and AVAX in the upcoming months.
Cardano (ADA) and AVAX might be preparing for some major innovations within their ecosystems, but Rollblock’s new Web3-based crypto casino is expected to overthrow both ADA and AVAX in the upcoming months.
Cardano (ADA) Gains Momentum with New Ogmios v6 Upgrade
Cardano might have been in the red zone at the beginning of September, but that quickly changed after last week’s 13% rally, which brought ADA back into the green. Amidst this market sentiment, Cardano has also announced a new Ogmios v7.0 upgrade, which lists Cardano’s liquidity pools on DEX Screener.
If that wasn’t enough, then Cardano also improved its usability through a new smart contract that establishes an interoperability route to the Bitcoin ecosystem.
Cardano is currently trading for $0.3962 after a 3.62% intra-day increase. Since Cardano is back in the crypto Top 10 list after these technological innovations, Cardano’s community sentiment is extremely bullish for now. As Cardano makes more improvements to its ecosystem, analysts expect Cardano’s price to reach the $0.406 resistance soon.
Avalanche (AVAX) Gets Attention from Institutional Investors
Avalanche was experiencing significant institutional attention last week as the token’s volume soared past $445 million in the last seven days. However, Avalanche’s volume has dropped nearly 9% in the last 24 hours which hints at investors becoming cautious about the token’s future growth.
This mixed sentiment comes before Avalanche is expected to unlock 1.7 million more tokens next month as part of its quarterly unlock schedule. For now, Avalanche is trading at $28.48 after a 2.70% intra-day increase.
Since Avalanche recently filed a patent with Citi, a major financial institution, analysts are positive about Avalanche regaining momentum soon. If Avalanche can sustain its current position above the critical $28 mark, Avalanche’s price could break above $30 in the next few days.
Rollblock ($RBLK) Outshines Competitors with Massive 200% Rally
Cardano and Avalanche have ruled over the crypto market for several years now, but all that is changing due to Rollblock’s revolutionary GambleFi protocol. Even in presale, Rollblock managed to raise over $4M as the token’s price has already rallied by 200% from the initial presale price. Since Rollblock’s bullish rise to the top is just getting started, analysts are already tipping at 100x gains for Rollblock after its official launch on the open market.
The real reason why Rollblock has what it takes to outshine both Cardano and Avalanche is the platform’s native $RBLK utility token. Instead of only powering the casino ecosystem, Rollblock’s $RBLK also functions as an independent token with long-term utility, staking rewards, and deflationary tokenomics.
Through Rollblock’s revenue-sharing model, the platform uses a portion of its weekly revenue to purchase $RBLK at the current market price. These repurchased tokens are then divided into two halves: one is distributed to holders as rewards with a 30% yield, while the other is burned to reduce Rollblock’s circulating supply. Since the weekly buybacks will continue to increase Rollblock’s demand organically, $RBLK’s price will only experience bigger upswings over time.
Aside from its tokenomics, Rollblock is also setting a new standard for security and transparency in the crypto gaming sector with its Ethereum-backed security and no-KYC policy. Instead of undergoing cumbersome KYC checks, new traders can simply connect their crypto wallets and access Rollblock’s collection of 7,000+ games that are all backed on Ethereum’s immutable blockchain.
Given this impressive range of features, Rollblock is already poised to deliver up to 800% ROI to early investors by the end of its presale. For now, Rollblock has entered the seventh presale stage, with tokens selling at a low price of only $0.03 per token.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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- Bitcoin (BTC) Nears $70K as Focus Shifts to Labor Market, ETH Navigates Mixed Signals
- Sep 29, 2024 at 09:00 pm
- Bitcoin (BTC) is edging closer to the $70,000 milestone after retesting $66,000 on Friday. This comes after a softer-than-expected reading from the U.S. Federal Reserve’s preferred inflation measure—the Core PCE Index (Personal Consumption Expenditures).
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- Former Chinese Finance Minister Lou Jiwei Urges Policymakers to Examine Crypto Advancements
- Sep 29, 2024 at 09:00 pm
- During a speech at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei urged China to closely examine advancements in cryptocurrency.
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- Bitcoin (BTC) Climbs Above $65,000, Eyes $70,000 Next; Ethereum (ETH) and Ripple (XRP) Await Their Moves
- Sep 29, 2024 at 09:00 pm
- The cryptocurrency market has been buzzing with activity, led by Bitcoin (BTC) surpassing the $65,000 mark. Ethereum (ETH) is showing signs of an upcoming rally, while Ripple (XRP) finds itself stuck in a range, struggling to break out. This article will dive into what the future could hold for these top three digital currencies.
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- Cardano (ADA) Price Analysis: TD Sequential Indicator Flashes Sell Signal, Suggesting Upcoming Correction
- Sep 29, 2024 at 08:30 pm
- ADA has exploited the cryptocurrency market rebound following Fed rate cuts last week. Since hitting a local low of $0.303 earlier this month, ADA has maintained an upward momentum.
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- Lunex Network (LNEX) Emerges as a New DeFi Competitor as Tron (TRX) and Ethereum (ETH) Battle for Dominance
- Sep 29, 2024 at 08:25 pm
- With its unique cross-chain feature, Lunex Network is set to change the status quo of the crypto exchange market. Experts project that Lunex Network could quietly rise to prominence while Ethereum and Tron battle for dominance in the DeFi market.