Cardano could prove every naysayer wrong, as trader activity is surging and investor interest is returning amid the series of announcements highlighting key technological developments. At the same time, analysts expect Polkadot to finally leave the slump come October and soar to new heights before the end of the year. Meanwhile, Crypto casino Rollblock is taking the market by storm with its blockchain-powered revenue-sharing model.
Cardano Has Flipped The Weekly Resistance
Today Cardano is selling for $0.338 showing 7.5% gains over the last week. Cardano has been ranging around this price point for several weeks. With September being a traditionally slow month, analysts don’t expect much action for Cardano.
However, Cardano could be primed for a major rally in the upcoming months as there’s a bullish divergence forming on the chart with the RSI indicator forming higher lows while the price stalls.
Moreover, the Snake.Fun dApp was just launched, allowing for the launch of memecoins. This is expected to catalyze a new surge for Cardano as user activity is growing exponentially.
Polkadot Bottoms Out At 2023 Levels
Polkadot is currently priced at $4.14 following a 2% decrease over the last week. The long downtrend exhausted Polkadot investors, nearly 64% of its value was erased after Polkadot peaked at $11.54 in spring.
Despite the underwhelming price movement, Polkadot’s ecosystem continues to grow. A partnership deal was signed with Inter Miami Football Club and analysts expect Polkadot to rise again in October and possibly reclaim $10 by the end of 2024.
Rollblock’s Revenue-Share System: Is This The Game Changer? Experts Say Yes
With its implementation of DeFi functionalities, crypto casino Rollblock is set to dominate the $450 billion online gambling industry. Rollblock will allow users to profit off some of the highest APY on the market while enjoying their favorite casino classics.
By leveraging blockchain technology, Rollblock ensures tamper-proof transactions. No KYC is required to access the platform, making for a frictionless, privacy-friendly signup process. Individuals can just plug in their wallets to start playing one of the 150 games on Rollblock’s roster. Sports betting will be introduced soon, further expanding Rollblock’s features.
Moreover, Rollblock dedicates up to 30% of its weekly profits to repurchasing RBLK tokens. Half of this amount is burned forever, creating the perfect deflationary environment for RBLK to grow sustainably in value. The remaining half will be airdropped to holders as recurring rewards for staking the RBLK token, with APYs of up to 30%.
Currently, stage 6 of the RBLK presale is 45% complete, and more than $3.3 million in funds have been raised. The $RBLK price is at $0.025 and early buyers are already at 150% profit. Analysts expect a further 800% increase by the end of the final round.
With GambleFi set to become one of the hottest crypto narratives, a 100x multiplier in 2025 seems a realistic prediction, especially once RBLK starts hitting major exchanges. In hindsight, Rollblock will be viewed as one of the most obvious plays of the cycle. Don’t get left behind!
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