The crypto market has been a show of resistance lately. After the fall in general coin prices, some cryptocurrencies have been able to sustain their initially strong momentum, while others have crumbled under the market’s pressure. Tron (TRX) is one of the tokens that have weathered the storm, while Cardano (ADA) struggles.
Meanwhile, Rollblock is showing signs of being the next big crypto as it nears a new presale milestone of $10 million. The new crypto is also seeing its market cap growing as investors back it for future success. Let’s find out why they’re interested.
Rollblock strengthens its market cap
Though it’s a new crypto still on presale, Rollblock has quickly strengthened its market position as the next big crypto. The Rollblock presale is currently in stage 10, and it has raised almost $10 million after selling over 6.8 million RBLK tokens.
The massive interest in Rollblock has seen a boost in its market cap to over $350 million in just a few months. However, with the potential to do 1,000x or more in the coming months and over 63 million tokens left to be sold, Rollblock’s market cap is poised to enter the billion zone after the project’s launch.
The growth will be driven by the project’s exciting use cases in the GambleFi space. These include its blockchain-based online casino, which will solve current bottlenecks like rigged games, lack of transparency, and unfair house edge. The newly launched Rollblock crypto sportsbook will also create an avenue for bettors to gamble across a range of games using competitive, fair, and transparent odds.
Interestingly, the project runs a revenue-sharing program that rewards investors with 30% of its weekly profits. Its staking program also offers up to 30% APY.
ADA falls again after recent momentum
The ADA price has surged by over 10% in the past month. However, the altcoin’s recent price trends have seen it fall into the red zone. For context, the ADA price had reached as high as $1.15 during the month, but it has fallen to about $0.94 after the recent decline. That means ADA investors have lost about 22% of their initial gains within just 30 days.
The fall in the ADA price is a reflection of the ongoing realities of the crypto market. ADA and other established cryptocurrencies are experiencing a negative turnaround in their market cap values due to a bearish sentiment among investors and traders. However, ADA investors remain optimistic that the bulls will regain the market.
TRON investors anticipate a bullish resurgence
TRX has been performing decently in the past month before its recent price fall. The TRX price peaked at around $0.27 within this period. However, a drop slightly above 1% has seen the TRX price slightly dip to $0.25.
The TRX fundamentals suggest that investors are still bullish, and the altcoin may test higher levels soon. However, TRX needs to continue holding strong against the broader downward pool in the crypto market to break out.
Conclusion
While TRX and ADA investors speculate about their various possibilities, Rollblock offers a level of guarantee as its presale progresses. The RBLK price is primed for an upward increase at every presale stage, so investors can lock in some at its current price of $0.052.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!Website: https://presale.rollblock.io/Socials: https://linktr.ee/rollblockcasino