This summer is witnessing a surge in the cryptocurrency market and so traders are keeping an eye on some projects that may grow significantly. One of these projects gaining fame is Rollblock (RBLK). This Stage 1 presale star may even reach $5 in 2024 and become a top 5 cryptocurrency faster than Cardano (ADA) and Chainlink (LINK)
Emerging as one of the best cryptos right now, Rollblock (RBLK) has been making waves with its presale performance despite only being a week in. The RBLK presale has already sold over 12M tokens while raising nearly $125K. This number is projected to reach $500K before May 2024 ends. Evidently, global traders are showing huge interest in this unique GambleFi protocol.
Rollblock aims to dominate the online gambling sector. To accomplish this, it launched an online crypto casino that uses blockchain technology to its advantage. Thus, players are no longer experiencing 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 early buyers and much more. However, its revenue share model makes it the best cryptocurrency to invest in. With Rollblock’s Casino by holding RBLK you become the house. Rollblock will share up to 30% of its weekly earnings to all RBLK holders. They will do this by buying back tokens from the open market and half of those tokens will be burned from the supply forever, the other half will be used to provide some of the biggest % staking rewards in the crypto space. Analysts believe this could amount to millions of dollars of RBLK being bought back and burned each month.
Currently, the RBLK utility token is in Stage 1 of its presale, costing only $0.01. However, since it could dominate the $450B online gambling market, experts are bullish about its long-term growth potential. They forecast a potential 100x rise to $1 once a Tier-1 CEX lists it in Q3 of 2024 and another jump to $5 before 2024 ends.
Cardano (ADA) has been making headlines in the crypto market. Notably, its founder, Charles Hoskinson, posted a poll on X asking the community whether Bitcoin Cash should become its partner. He claims this could upgrade its performance using the Proof of Useful Work consensus mechanism, etc. So far, this poll has over 15K votes with the majority voting "Yes".
The value of the Cardano coin has jumped nearly 24% in the past year alone, while its market cap remains at $16B. Additionally, ADA is trading above its 200-day EMA. Due to all this bullish Cardano news, experts predict a surge to $0.63 within Q2 of 2024. This makes Cardano a good crypto to buy.
Meanwhile, Chainlink (LINK) is seeing some exciting developments. For instance, Chainlink announced that RD Technologies will use its CCIP and Proof of Reserve to fuel HKDR. With this development, the stablecoin backed 1:1 by the Hong Kong dollar will use LINK's technology to its advantage.
This bullish Chainlink news may trigger a rally for this crypto. Speaking of which, the Chainlink crypto value pumped 110% in the past 12 months. Furthermore, it trades above its 100 and 200-day EMAs while nine technical indicators are green. Therefore, market analysts foresee the Chainlink crypto trading at $20.35 before Q2 of 2024 ends.
Rollblock, whose market cap is $10M, has all the potential to compete with the likes of Cardano and Chainlink and will likely offer investors much higher returns on their investment. This is because RBLK needs fewer new funds for its price to surge. As a result, RBLK is one of the best cryptocurrencies to invest in this summer.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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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.