The next crypto bull market is consolidating around a few major themes and top altcoins. Proof of Stake utility tokens like Cardano (ADA) and GambleFi rockstars like Rollblock (RBLK) are in with 2,500% returns in 2024, while fast yet outdated Proof of Work blockchains like Bitcoin Cash (BCH) are out.
The Cardano price is facing a red month with its 6% drop, but its 23% green year is a better sign for what is to come. Cardano is expected to surge 2,500% this year as it catches up to Solana and Ethereum, which could make Cardano’s current price a strong buying opportunity.
Cardano is joining a handful of other Proof of Stake utility tokens at the top of the market. The crypto market does not need dozens of utility tokens, and there are massive synergies and economies of scale to be achieved by concentrating on a handful of tokens like Cardano, Ethereum and Solana.
The Bitcoin Cash price is already down 40% from the highs of the last bull market as the reality of the growing Proof of Stake dominance over Proof of Work sets in. Today, Bitcoin Cash dropped a further 5% as the tokens from the Mt. Gox settlement started to hit the market. These tokens could drag Bitcoin Cash down to annual lows.
A huge portion of Bitcoin Cash tokens have been locked in court proceedings for years following the 2014 Mt. Gox hack. With victims finally seeing their tokens returned this week, many Bitcoin Cash tokens are now flooding the market.
The other winning sector in this fresh crypto bull run is GambleFi, and Rollblock is the only token that is ready to dominate the $450 billion global gambling industry. Rollblock recognized the enormous potential of bringing blockchain technology to the stale online gambling industry before anyone else, and they have developed a winning platform that is set to rapidly accumulate market share.
Rollblock’s biggest crypto innovation is its profit-sharing program. Rollblock uses 30% of its daily revenue to purchase its own token back from the market. These tokens are either burned to limit the supply and drive up the price or used as staking rewards with market-beating APYs to generate a constant stream of income for RBLK holders.
Rollblock backs this revolutionary approach to gambling tokenomics with the best casino platform in the industry. Rollblock features more than 150 of the best games available and is constantly hosting exciting events and giveaways. Rollblock’s non-stop fun is adding 1,000s of new players each week as they flee the stale boredom of traditional online casinos.
RBLK’s current price of $0.0175 is set to increase to $0.02 when it transitions to the 5th stage of the presale in a few days. Analysts expect at least 25x growth for this number in 2024, with the top estimates going as high as 100x!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
Singapore, Singapore, 18th September 2024, Chainwire
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