Many established cryptocurrencies have underperformed this cycle compared to newer coins with emerging narratives. The performance of Cardano (ADA) and Avalanche (AVAX) has made holders question whether they are the best bets in the current market, and many have begun to diversify into Rollblock ($RBLK), a new casino coin tipped for 100x gains in 2024.
Cardano (ADA) Makes Progress Towards Hard Fork
Cardano (ADA) has been developing new updates to its main chain recently with the release of node 9.0, the next step towards Cardano’s planned Cheng hard fork. This will make the Cardano chain more scalable with better potential for increased throughput going forward.
Cardano’s price is down 5% over the last week, as altcoins have reacted strongly to Ethereum’s recent sell-off. Currently looking for support around $0.36, Cardano bulls will be relieved if the 50-day moving average at $0.40 can be reclaimed.
Avalanche (AVAX) Tumbles Back to $26
Avalanche (AVAX) has failed to break through the 100-day moving average at $32 and is currently plunging down to the mid-$20s. Down nearly 7% since the launch of the Ethereum ETF, Avalanche holders will still be up on the monthly time frame but will be growing concerned about the size of Avalanche’s recent dip. Sell volume has been strong lately as the wider market looks uncertain and Avalanche holders take profits.
Avalanche bulls will want to step in to send price back towards $40 and will be hoping that support around the low $20s holds strong. However, growing sell pressure could send Avalanche spiraling downwards.
Rollblock ($RBLK) Presale Accelerates As Investors Pile In
Rollblock ($RBLK) is a brand new, cutting-edge crypto casino currently launching and set to disrupt the massive $450 billion gambling industry. By using the power of blockchain to ensure fairness and transparency, Rollblock can guarantee bets will not be manipulated once placed.
Rollblock is fully anonymous and secure, as there is no requirement to submit KYC information. Users can simply connect a crypto wallet and deposit Bitcoin, Ethereum or 20 other popular cryptocurrencies to get started.
The games on the platform are powered by the latest AI and bring new levels of immersive gameplay and provably fairer odds than competitors. A sports betting feature will be added soon and allow for bets to be placed on major international sporting events .
Rewards are paid using the native RBLK token, which is attracting investors thanks to its innovative tokenomics and revenue share scheme. Rollblock will regularly head to the open market to purchase coins, half of which are burned and the rest allocated to stakers, who can enjoy some of the highest passive income yields in crypto.
As demand grows, supply will fall away and cause explosive price action. Currently on sale for only $0.0172, the RBLK presale is selling out fast and investors are urged to make an allocation before the price goes vertical. Experts are predicting huge moves of up to 200x so now is the best time to take a position!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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