Despite its outstanding performance as one of the fastest-growing cryptos in December, Cardano (ADA) is still 63% away from $3.10, Cardano’s ATH in September 2021. ADA has made significant gains, crossing $1. Experts are projecting significant growth for the token.
Meanwhile, Rollblock has continued its upward trajectory, with its price now at $0.0415 in stage 9 of its presale. Read more to see why investors find Rollblock more attractive than ADA.
Rollblock (RBLK) takes a novel approach to usefulness by focusing on the enormous potential of online gaming. Rollblock is already making headway in the $450 billion market, predicted to hit $800 billion in the next three years.
More than 7,000 games are available on Rollblock, and the number of registered users in the Rollblock community is constantly increasing, already reaching 25,000. With its advanced security, cutting-edge UX design, and blockchain technology, Rollblock streamlines the access process for players, eliminating cumbersome red tape, exorbitant fees, and delays.
The platform's distinctive coin lies in the middle of this blockchain revolution. A weekly repurchase scheme, powered by Rollblock's token, RBLK, and up to 30% of revenues, is in place. Rollblock’s deflationary protocol involves instantly burning 60% of these buybacks to push the RBLK market price higher and distributing 40% as staking incentives.
Users may earn up to 30% APY by staking their tokens to become liquidity providers inside the Rollblock network. In addition, when playing Rollblock’s online casino games, token holders receive rakebacks daily, weekly, and monthly.
After surging beyond key resistance levels and capitalizing on Bitcoin's rise, ADA finally hit a new annual high of $1.24, before dipping. ADA peak surprised everyone, but its value has continued to drop since then, with slow, fluctuating growth momentum.
Research shows ADA is under significant selling pressure around the $1.10-1.25 barrier level. While ADA struggles to sustainably breach the $1.3 threshold, experts believe it will overcome the resistance and cross $1.5 in the coming weeks.
Meanwhile, others aim for a $1.63 target to be reached in a matter of days if ADA successfully breaches the $1.25 mark. The Relative Strength Index (RSI) is hovering around 54, supporting this optimistic forecast. Statistically, this falls outside the overbought area, which had initially caused ADA to fall from $1.24.
On-chain data also shows significant whale actions, which increased the selling pressure on ADA. Experts believe this to be a massive profit-taking action, so it is no surprise they expect ADA to bounce back soon. Whether this hints at a big rally for ADA and a potential new Cardano ath looming remains to be seen.
Factors such as ADA gaining almost 400% in November to go from $0.33 to $1.2 before the December corrections and its stabilization at its highest-ever market cap of $40 billion count in favor of ADA.
Whether a new Cardano ATH can be set remains a debate, but Rollblock’s explosive presale has ensured whales and individual investors have plenty of investment options. Considered the fastest-growing crypto this period, you should join the Rollblock presale now!
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
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