Toncoin (TON) Moves Up To Number 8 Crypto In Market Cap, As Cardano (ADA) Looks Set To Fall Out Of Top 10; Could Rollblock (RBLK) Overtake Both?

Toncoin (TON) Moves Up To Number 8 Crypto In Market Cap, As Cardano (ADA) Looks Set To Fall Out Of Top 10; Could Rollblock (RBLK) Overtake Both?

Toncoin has been one of the market's best-performing cryptocurrencies over the last year. Its value has almost tripled, and Toncoin has now become the 8th largest cryptocurrency by market cap. This has pushed Cardano lower down the rankings, and now investors are choosing Rollblock over Cardano due to its innovative DeFi application and high potential returns. 

Toncoin Outperforms Bitcoin 

Recent analysis from AMBCrypto shows that TonCoin has outperformed Bitcoin in terms of annual returns. Presently, Toncoin’s annual returns have passed 235%, while Bitcoin is up by 143%. 

Further analysis also shows that the number of Toncoin active addresses has surpassed that of Bitcoin over the last 30 days. At the start of March, Toncoin had just 1,000 new active addresses, though this has since increased to 10,800. 

This surge in activity suggests that investors are bullish about Toncoin’s future performance. TON can currently be purchased for $6.66, having increased by 10% over the last week. 

Cardano Market Cap Surges By Over Half A Billion 

Cardano's (ADA) market cap has soared over the last 24 hours, helping Cardano to stay in the top 10 rankings. Following a 5.36% price increase in the last 24 hours, Cardano’s market capitalization has increased from $15.4 billion to $16.2 billion. This massive increase of $800 million has created a bullish sentiment throughout the Cardano ecosystem.

Over the last 24 hours, Cardano’s daily trading volume has also soared a massive 59.97% and Cardano is now trading at $0.4554. However, despite this rally Cardano’s price is still down by 3.17% over the last 30 days.

Rollblock Attracts Bullish Investors With GambleFi Innovations

Rollblock is an innovative GambleFi protocol that applies blockchain technology to the $450 billion gambling industry. Although the gambling market is expected to grow to $750 billion over the next four years, security and transparency problems are holding it back. 

Rollblock solves these problems with its DeFi casino. The casino is already operational and licensed, and offers over 150 different games for users to enjoy. Players can deposit over 20 different types of cryptocurrency and play classics like blackjack, poker, and slots. Rollblock also plans to add sports betting, which will include the NFL, MMA, NBA, and more. 

Rollblock is one of the first cryptocurrency casinos to share a percentage of its revenue with token holders. Up to 30% of its revenue will be shared with $RBLK holders who stake their tokens. To achieve this, Rollblock will use its revenue to buy $RBLK from the open market. Half of the tokens will then be burned, and the remaining half will be used for rewards. 

By burning tokens, Rollblock can increase $RBLK scarcity. $RBLK is currently selling for just $0.012 during stage two of the Rollblock presale, and is expected to increase by 720% before the presale ends. 

Can Rollblock Outperform The Top 10 Cryptos?

As one of the first crypto projects to offer passive income opportunities alongside a digital casino, investors are extremely bullish about Rollblock. Once its presale sells out, experts believe that Rollblock could experience additional surges of up to 50x. As a result, there's a high chance that Rollblock could offer higher returns than most major cryptocurrencies. 

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

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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