Cardano and Near Protocol have bottomed out as the crypto market is heading towards a sluggish September. Meanwhile, a promising DeFi casino project is making waves with its innovative platform: crypto casino Rollblock.
Cardano Sees A Surge In Volume, What’s Next?
In the last 24 hours, Cardano’s volume has increased by 24.4%, with $318 million traded. Cardano rests on the $0.318 support with an 11% weekly drop. This crucial level has been tested several times in the last month. There’s significant demand for Cardano around this mark, meaning that further decline is unlikely.
On the other hand, criticism is mounting due to Cardano’s underwhelming price action, with some users suggesting burning treasury funds to kickstart a breakout. Cardano founder Charles Hoskinson explained in a post on X why this would be detrimental, as the funds aren’t premined, but instead come from economic activity and block production, meaning that burning supply could damage the community.
Near Protocol Is Clinging On Support After Prolonged Descent
Near Protocol has experienced a steep 30% drop since reaching a local top of $5.23 in late August. Right now, Near Protocol is selling for $3.62 with $4.06 billion in market cap.
Two days ago, Near Protocol’s X account was compromised, and a barrage of bizarre anti-crypto messages were posted. Fortunately for Near Protocol followers, no phishing attempts were made. Despite the security concern, analysts are bullish on Near Protocol as the AI narrative is heating up, and the platform’s commitment to bringing User-Owned AI could be a game-changer in the industry.
Rollblock Eyeing New All-Time High While The Market Bleeds
The GambleFi space is in for a significant overhaul as Rollblock enters the arena with its cutting-edge casino framework. Rollblock bridges the gap between DeFi and TradFi gambling by offering unparalleled ease of access without sacrificing transparency and user privacy. The implementation of blockchain technology ensures quick and easily traceable transactions that can’t be manipulated once placed.
12,000 investors have already joined the Rollblock revolution and the massively successful presale has raised $3.2 million. No KYC is required to join and users can enjoy complete anonymity while interacting with the platform and playing one of the 150+ games from the Rollblock catalog.
In addition, the casino will grant some of the highest APY on the market thanks to the unique revenue-sharing mechanism. Rollblock will reinvest up to 30% of its profits every week to buy back RBLK tokens. Half of this amount will be distributed to users as recurring staking rewards. The rest will be fed into a burn mechanism which will continuously reduce the total supply, paving the way for massive rallies in the upcoming months.
RBLK sells for just $0.025, and demand is skyrocketing. Analysts predict an 800% surge by the end of the final round of the presale and a 100x multiplier in 2025. Investors who take action today could see incredible gains in the upcoming months. Don’t miss out!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
