Why Are Cardano and Polygon Holders Dumping Their Tokens To Buy Rollblock (RBLK)

Why Are Cardano and Polygon Holders Dumping Their Tokens To Buy Rollblock (RBLK)

The post Why Are Cardano and Polygon Holders Dumping Their Tokens To Buy Rollblock (RBLK) appeared first on Coinpedia Fintech News

The crypto market has been experiencing a massive shift in the past few months. New coins have entered the market, outperforming and rising above old coins. In the latest news, Cardano and Polygon investors are currently moving to a new coin making waves in the crypto and online gambling space, known as Rollblock. Analysts have tagged it as the best cryptocurrency to invest in right now. 

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 thing that is interesting with 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 his/her email address as the players do.

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. 

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

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

Socials: https://linktr.ee/rollblockcasino