PROMO
by BSCN
June 14, 2024
Find out why Binance Coin (BNB) has been dropping like Cardano (ADA) while Rollblock (RBLK) continues to record gains.
On June 6, Binance Coin (BNB) joined Toncoin as the only top 10 altcoins to have registered new all-time highs (ATHs) so far in 2024. However, since then, BNB has joined other top altcoins like Cardano (ADA) to record a sharp 15% decline. On the flip side, Rollblock (RBLK) continues to see gains and is up by 40%.
BNB Chain TVL’s rising propelled BNB price above $720 to reach an all-time high on June 6. However, ever since BNB hit its all-time high, the altcoin price has declined by more than 15% sell-off as many investors cashed out their profits. The value of Binance Coin has now been hovering around the $620 level.
With the price of Binance Coin now stabilizing and the growth of the BNB chain, the analysts are quite sure that BNB might rise to $750 before June ends. However, such a forecast is, to a large extent, dependent on the bullish tendencies of the broader market. If the market stagnates the Binance Coin price may drop below the $600 mark.
Cardano (ADA) is one of the top 10 altcoins that has failed to generate any form of bullish momentum throughout 2024. Year-to-date, the price of Cardano has declined by more than 28%, causing the altcoin to plunge into the $0.420 price range.
While the outlook for Cardano is predominantly bearish, the upcoming launch of the much-anticipated Voltaire upgrade could change things. Charles Hoskinson, the project’s co-founder, recently announced that Cardano is ready to launch the upgrade this month. This could cause a shift in the ADA altcoin price, with targets at $0.600.
While the top altcoins, Binance Coin and Cardano, struggle with bearish pressure, Rollblock (RBLK) has been recording gains. Over the last two weeks, the price of Rollblock has increased by 40% to hit its current price of $0.014 in the third round of its presale.
While its current trajectory makes RBLK one of the best altcoins to buy at the moment, top experts believe the price of the coin could peak as high as $2 this year. Rollblock has attracted this type of bullish prediction because it is the world’s first GambleFi platform designed to conquer the $450 billion gambling market.
Transparency and trustworthiness are the core values of Rollblock, creating a platform where gamblers can play over 150 high-payout casino games in a very fair manner. The platform is also fully licensed, meaning people from anywhere in the world can access its features without any issues.
Rollblock also has a very interesting revenue sharing model where up to 30% of the platform’s weekly profits will be used to buy back RBLK tokens from the market. Half of the total sum will be burned to induce scarcity, while the other half will be used to reward those who stake $RBLK. Offering an APY as high as 30%, RBLK ranks among the best altcoins to buy for passive income.
While Cardano and Binance Coin continue to struggle, Rollblock has been building momentum with its 40% price increase. As the native token of a platform designed to accommodate the future of the online gaming and casino industry, market experts are optimistic $RBLK could peak as high as $2 before this year ends, outperforming ADA and BNB.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $650. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This PR may contain links to online sports betting and gambling websites that are not affiliated with BSCN. Recognizing that the laws and regulations involving online gambling and online sports betting are different everywhere, you expressly acknowledge and agree that it is your sole responsibility and obligation to ensure that any online gambling or sports betting activities that you undertake are legal in your relevant jurisdiction.
Latest News
13h : 56m ago
Baby Doge Coin Hits All-Time High, Surpasses $1B Market Cap
15h : 41m ago
Floki Launches Crypto Debit Card in 31 European Countries with Mastercard Partnership
17h : 11m ago
Crypto Investment Products Shatter Weekly Inflows Record with $3.85B
December 9, 2024
SushiSwap Unveils Ambitious 2025 Product Launches, Expanding DeFi Ecosystem
December 9, 2024
Amazon Faces Decision on Bitcoin Investment After NCPPR Proposal
December 7, 2024
Weekly Article Recap: 12/02-12/06
December 6, 2024
Florida Plans Strategic Bitcoin Reserve Using $1.85B from Pension Fund
December 6, 2024
Who is the Upcoming White House AI and Crypto Czar, David Sacks?