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Cardano Ecosystem

Blockchain Reporter

09/06/2024

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Cardano and Chainlink Unlikely To Make New Highs Say Experts, Bigger Gains on Horizon For This New Crypto

Cardano and Chainlink continue to struggle as they are both caught in a narrow range with no breakout in sight. Analysts believe that investors would be better off jumping ship with Rollblock. This highly...

Cardano and Chainlink Unlikely To Make New Highs Say Experts, Bigger Gains on Horizon For This New Crypto

rollblock

Cardano and Chainlink continue to struggle as they are both caught in a narrow range with no breakout in sight. Analysts believe that investors would be better off jumping ship with Rollblock. This highly lucrative presale has already seen returns of 140%, and experts believe that Rollblock is on track to disrupt the $450 billion gambling industry. 

Cardano Returns To Range Low As Major Update Goes Live

Cardano is still struggling to regroup as all the gains made in the late August rally were returned to the market. Today Cardano sells for $0.33 with a 9.3% decline in the last week alone. Cardano is also down a total of 75% versus Bitcoin.

Meanwhile, the highly anticipated Chang Hard Fork has finally been deployed. The goal is to make the Cardano ecosystem fully decentralized and give the keys to the community. For now, there has been no reaction in terms of price action for Cardano, but it’s still too early to say how this upgrade will impact the project.

Chainlink’s Underperformance Will Be Studied One Day

Chainlink emerged as one the largest providers of decentralized oracle solutions on the market. Chainlink also boasts a wide array of partnerships: Swift, Amazon Web Services and T-Mobile. Just recently Chainlink announced that it will start working with Suhoio, a South Korean blockchain financial technology company, to provide solutions for the tokenization of RWAs (real-world assets) and CBDCs across Asia.

However, Chainlink’s price action continues to be lackluster as it’s still moving in the multi-month range around the $10 mark. Gone are the days when Chainlink led the market, dominating the 2020 DeFi Summer. 

In Hindsight, Rollblock’s Rise Will Be So Obvious. Here’s Why

Rollblock is a community-backed crypto casino and analysts believe that it could give major altcoins a run for their money. Rollblock introduces a ground-breaking framework that takes the casino experience to new heights without sacrificing privacy and transparency. 

Rollblock has no KYC policy and leverages blockchain technology to ensure enhanced security measures. Players just need to connect their wallets to access the platform and its 150-game catalog.

Moreover, the casino reinvests up to 30% of its weekly revenue to buy back RBLK tokens as part of its revenue-sharing model. Half of this amount is burned, creating a series of deflationary events that will drive RBLK’s price to the moon. The other half is rewarded to holders who stake RBLK, resulting in some of the highest APYs on the market.

Stage 6 of the presale is selling out, with over $3 million raised. RBLK is selling for just $0.025, a perfect entry point, as an 800% rally is expected by the end of the presale.

2025 will be Rollblock’s year, as a massive 100x multiplier is expected once major exchanges start listing the token and the GambleFi narrative starts ramping up. The best time to invest? Now!

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

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

Josh

Josh Fernandez is a prominent figure in the world of cryptocurrency, widely recognized for his insightful and comprehensive writing on the subject. As a seasoned crypto writer, he brings a wealth of knowledge and expertise to his work, making complex concepts accessible to a broad audience.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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