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Cryptocurrency News Articles

Cardano’s Governance Pivot Could See Staggering Returns

Nov 16, 2024 at 10:00 pm

The Cardano price is already off to a strong start so far in this crypto market rally. Cardano is now up almost 45% this week after adding another 7% gain today.

Cardano’s Governance Pivot Could See Staggering Returns

Cardano (ADA) price is seeing a strong start to 2023. At the time of writing, ADA price is up 6% to reach $0.3714. This marks a 45% gain for the token this week.

As most Layer 1 blockchains are pivoting to address the issue of scalability, Cardano has already completed this transition and is now innovating in decentralized governance. This is a key element of the original vision for crypto, and Cardano’s latest updates have it leading the market in this area.

However, the Cardano price remains the least likely option of these three tokens for a 100x run. Here’s why three other tokens are more likely to explode 100x from their current prices.

Solana (SOL) Price Soaring Due to Layer 1 Blockchain Market Dominance

Solana (SOL) price is seeing a more muted return in this crypto rally due to its already enormous market capitalization. However, SOL price is still up 7% this week, with a 5% rebound today from a small reversal midweek.

The growth potential for the Solana price is the product of its steady takeover of the Layer 1 blockchain market. Solana is now on course to have the largest ecosystem and the highest revenue of any Layer 1 blockchain by far.

However, Solana’s already massive market capitalization makes it only the second most likely token to rally 100x.

Rollblock (RBLK) Price Set to Soar With Sports Betting Expansion

Out of Cardano, Solana and a new Web3 casino token called Rollblock (RBLK), RBLK is showing the most growth potential. This is due to its small market capitalization and the enormous potential of crypto gambling.

The $525 billion global gambling industry is largely untapped by blockchain technology, and Rollblock is the undisputed leader in the crypto gambling sector.

Having already successfully rolled out its ambitious DeFi platform, which features over 7,000 provably fair games that can be accessed from anywhere in the world through 20 major crypto tokens, Rollblock is about to expand on this success with a premier sports betting platform.

Sports betting on the blockchain will mean a broader and deeper spread of odds than any traditional platform can possibly compete with. Rollblock is also including its signature profit-sharing program in its sports betting platform.

RBLK’s program creates value and generates income for holders through open market buybacks that employ up to 30% of the platform’s weekly revenue. Value is created through weekly burn events with the first 60% of these buybacks. Income is generated through high-APY staking rewards using the remaining buybacks.

This combination of small market capitalization and enormous revenue potential is why RBLK is the best bet for turning $1,000 into $100,000 when its crypto presale ends in early 2025.

Stage eight RBLK tokens are now selling for only $0.035, with a special 50% bonus token event active for the following seven days.

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

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

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.

News source:bravenewcoin.com

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