Cardano (ADA) Sluggish Price Movement Leaves Investors Disappointed
After touching the three-month high of $0.8 in March, the price of Cardano (ADA) has been declining progressively. Fortunately for the altcoin, this bearish trend has been halted of late. In the last month, the Cardano coin has been consolidating within a very tight range of $0.42 and $0.52.
Bulls attempted to push the ADA price above the upper part of the range but failed. Some of the top altcoins, such as Shiba Inu, have capitalized on this slow trading range to expand their market capitalization and could possibly overtake Cardano in the next few weeks. This has put the investors on the lookout for other alternatives to take.
Polygon (MATIC) Price Drops on the YTD Chart
Although analysts had high hopes for Polygon (MATIC) at the start of 2024, the majority of its price movement has been negative. Polkadot’s price has decreased by 21.3% on the year-to-date chart, trailing other top altcoins, according to data from CoinMarketCap.
This indicates that, compared to May 2023, its price is trading lower in May 2024. On the lower time frames, MATIC bulls are staging a little price recovery. Polygon coin has gained 11.2% on the 14-day chart and 4.1% on the 30-day chart. Despite this recovery, investors are moving to Rollblock.
Rollblock (RBLK): The Top Crypto To Buy for Massive Gains in 2024
Rollblock (RBLK) is a new project that is gaining attention in the online gambling industry, which is expected to reach a value of $744 billion by 2028. This DeFi project plans to capitalize on this growth and has created a licensed online crypto casino that makes use of blockchain technology to close the gap between centralized and decentralized markets.
With this, Rollblock gives gamblers fast bets, secure transactions, and high liquidity. All the transactions are recorded in the blockchain for enhanced fairness and transparency of transactions. Another interesting aspect of Rollblock is that the platform does not even demand its users to go through a KYC process, which is standard with most online gambling platforms. This makes it easier for the user to register by providing their email address.
Another advantage that makes Rollblock a top DeFi project is the revenue share model of the project. One of its strong strategies involves using part of the generated revenue to repurchase the RBLK coins in circulation. Half of these tokens are burned, and the other half is used to reward stakers, which in turn increases the potential of the return on investment on RBLK.
To date, Rollblock has sold more than 50 million RBLK tokens and raised $600k. At the time of writing this report, RBLK is trading at $0.012 and is currently in Stage 2 of its presale. Analysts have deemed it the best cryptocurrency to invest in over Cardano and Polygon and projected it to increase 100x once it is listed on Tier-1 exchanges.
In Summary
Cardano and Polygon investors have been switching to Rollblock because of its features and future price potential of 100x gains. So, investors who are looking for a top crypto to buy can switch to Rollblock.
