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Cardano Ecosystem

Blockchain Reporter

08/13/2024

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Here’s Why You Shouldn’t Back Against Cardano (ADA) To Replace Ethereum; Nearly 10,000 Investors Register For Fastest Growing Crypto Presale

Many investors are betting on Cardano with the hopes that it will replicate Ethereum’s run in the near future. Analysts, however, suggest that investors need to lower expectations. In other news, the...

Here’s Why You Shouldn’t Back Against Cardano (ADA) To Replace Ethereum; Nearly 10,000 Investors Register For Fastest Growing Crypto Presale

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Many investors are betting on Cardano with the hopes that it will replicate Ethereum’s run in the near future. Analysts, however, suggest that investors need to lower expectations. In other news, the Ethereum-based crypto casino Rollblock is making waves in the GambleFi space and just recently crossed $2 million in its ongoing presale.

Could Cardano’s Update Trigger a Price Rally?

Over the last month, Cardano’s price has declined steeply, culminating in a market-wide crash. Cardano’s price dropped by 36%, bottoming at $0.28. In the following days, however, Cardano managed to regain some ground and is currently selling for $0.34.

The Chang Hard Fork should be live in the upcoming weeks and is considered one of Cardano’s biggest upgrades ever. The upgrade is set to make Cardano 100% decentralized and mark the shift to complete community governance. 

Ethereum Usage Increasing By The Day. Heading Back To $3,000?

Ethereum has seen significant fluctuations over the last few months. A series of sell-offs took Ethereum’s price below $2,200. Ethereum managed to reclaim some levels and is currently hovering above the $2,600 mark. Despite this, Ethereum is still down 8% for the week.

Nonetheless, analysts remain confident, as Ethereum’s network activity is increasing rapidly, showing signs that a stronger rebound could come soon.

Rollblock Spearheading The GambleFi Revolution

Rollblock could soon dominate the $450 online gambling industry with its novel casino framework and lucrative revenue-share model. This model will grant some of the highest APYs on the market to holders who stake the RBLK token.

Transactions are secured by blockchain technology and no KYC is required to sign up, a welcome surprise for users who want to keep their anonymity. Individuals just need to connect their crypto wallet and start playing one of the 150 games.

Every week, Rollblock uses up to 30% of the generated revenue to buy RBLK tokens on the open market. Half of this amount is burned forever, reducing the total supply, which will allow the value of RBLK to skyrocket in the upcoming months. The other half will be distributed as staking rewards for users.

Stage 5 of the RBLK presale is currently live, with more than $2 million in funds raised. The RBLK price is sitting at $0.02, and early buyers are already enjoying 100% gains. Analysts expect a further 800% increase by the end of the presale.

With crypto gaming set to make a major comeback, a 100x multiplier feels inevitable, especially given all that Rollblock has to offer. This means that the best time to invest is now because the price looks like it will be the lowest it will ever be!

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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