Tech
Rollblock (RBLK) Dominates with $5 Price Target Ahead of Cardano (ADA) and Chainlink (LINK)
This summer we are seeing a surge in the cryptocurrency market and so traders are keeping an eye on some projects that could grow significantly. One such project that is gaining fame is Rollblock (RBLK). This Phase 1 pre-sale star could even reach $5 in 2024 and become a top 5 cryptocurrency faster than Cardano (ADA) and Chainlink (LINK)
Rollblock (RBLK): The best cryptocurrency to buy now
Emerging as one of the best cryptocurrencies right now, Rollblock (RBLK) has been making headlines with its presale performance despite only being a week in the making. The RBLK presale has already sold over 12 million tokens raising nearly $125,000. This number is expected to reach $500,000 before the end of May 2024. Evidently, global traders are showing huge interest in this unique GambleFi protocol.
Rollblock aims to dominate the online gambling industry. To achieve this, he launched an online crypto casino that uses blockchain technology to its advantage. Therefore, players no longer encounter problems like those on Stake and Fairspin. For example, all Rollblock transactions and bets are stored on the blockchain, meaning there is no tampering or unfairness.
The RBLK utility token will power this platform. Holding it is crucial as it will provide regular rakebacks when playing casino games, VIP bonuses for first time buyers and much more. However, its revenue sharing model makes it the best cryptocurrency to invest in. With Rollblock’s Casino, holding RBLK makes you home. Rollblock will share up to 30% of its weekly earnings with all RBLK holders. They will do this by buying back tokens from the open market and half of these tokens will be burned from supply forever, the other half will be used to provide some of the largest staking% rewards in the crypto space. Analysts believe this could amount to millions of dollars of RBLK being bought back and burned every month.
Currently, the RBLK utility token is in phase 1 of presale and costs only $0.01. However, as it could dominate the $450 billion online gambling market, experts are optimistic about its long-term growth potential. They foresee potential 100x jump to $1 once a Tier-1 CEX lists it in Q3 2024 and another jump to $5 before the end of 2024.
Cardano (ADA): potential partnership with Bitcoin Cash
Cardano (ADA) has been making headlines in the cryptocurrency market. In particular, its founder, Charles Hoskinson, published a survey on X asking the community if Bitcoin Cash should become its partner. It claims that this could improve its performance using the Proof of Useful Work consensus mechanism, etc. So far, this poll has received over 15,000 votes with the majority voting “Yes.”
The value of the Cardano coin has increased by almost 24% in the last year alone, while its market capitalization remains at $16 billion. Furthermore, ADA is trading above its 200-day EMA. Due to all this bullish news about Cardano, experts are predicting a rise to $0.63 by the second quarter of 2024. This makes Cardano a good cryptocurrency to buy.
Chainlink (LINK): New Integration with RD Technologies
Meanwhile, Chainlink (LINK) is seeing some interesting developments. For example, Chainlink announced that RD Technologies will use its CCIP and backup proof to power the HKDR. With this development, the stablecoin backed 1:1 by the Hong Kong dollar will use LINK’s technology to its advantage.
This bullish news on Chainlink could trigger a rally for this cryptocurrency. By the way, the value of the Chainlink cryptocurrency has increased by 110% in the last 12 months. Furthermore, it is trading above the 100-day and 200-day EMAs, while nine technical indicators are green. Therefore, market analysts expect Chainlink cryptocurrency trading to reach $20.35 before the end of the second quarter of 2024.
Will Rollblock Leave Cardano and Chainlink in the Dust?
Rollblock, whose market capitalization is $10 million, has the potential to compete with the likes of Cardano and Chainlink and will likely offer investors much higher returns on their investments. This is because RBLK needs fewer new funds for its price to rise. As a result, RBLK is one of the best cryptocurrencies to invest in this summer.
Discover the exciting Rollblock (RBLK) presale opportunities today!
Website: https://prevendita.rollblock.io/