Cardano’s integration with Bitcoin is failing to attract investors and Polygon’s Polymarket hasn’t triggered any significant price movements. Meanwhile, traders are jumping ship to Rollblock’s viral GambleFi project that is already poised for 880% gains ahead of the token’s official launch in the next few months.
Cardano’s (ADA) Buying Pressure Stays Low Despite Major Bitcoin Integration
Cardano has announced a major integration with Bitcoin’s ecosystem through the BitcoinOS Grail Bridge. The Cardano network can now boost its liquidity by offering quick transfers of BTC and other Bitcoin-based assets. Since Cardano is giving Bitcoin its first smart contract layer, analysts expected Cardano’s demand to skyrocket soon.
However, Cardano is currently trading for $0.3429 after a small intra-day increase of 0.09%. Cardano’s volume has decreased by 14.64% over the last 24 hours which typically suggests low investor confidence. Since Cardano is still trading below all of its Simple Moving Averages on the ADA/USDT daily chart, Cardano’s ongoing correction may push the price down to the $0.313 support soon.
Polygon (POL) Faces High Selling Activity Despite Polymarket’s Success
Polygon launched its Polymarket predictions market earlier this year which allows users to place bets on any popular topic in the market. Although Polymarket has seen a huge influx of new users, Polygon’s price has barely recorded any significant movements over the last 30 days.
Polygon is currently trading for $0.3522 after an intra-day decrease of 0.60%. Polygon’s volume has also dropped by 23.35% over the last 24 hours which is typically a sign of low investor interest. Since Polygon’s MACD Level is still hinting at bearish dominance, analysts believe Polygon’s price could crash to the $0.2176 support in the next few days.
Rollblock (RBLK) Investors Enjoy Massive Staking Rewards with 30% APYs
Rollblock was already poised for explosive growth by the end of its record-breaking crypto presale but the token has defied all odds by raising nearly $5 million already. As more Cardano and Polygon investors jump ship to Rollblock’s presale, analysts are anticipating another massive price surge by the end of this week.
Rollblock’s GambleFi casino is already offering a huge collection of 7,000+ provably fair games that are all powered by the latest AI technology. Players can enjoy a fully secure gambling experience on Rollblock because of its Ethereum-backed security system that encrypts every transaction and bet directly on the immutable blockchain network. In the next few months, Rollblock is also introducing a sports betting platform which will allow users to place transparent and competitive bets on games like the NBA, MMA, UFC, NFL, F1, Golf, and more.
Since all of Rollblock’s in-game rewards are paid out using the platform’s native RBLK utility token, Rollblock’s demand is expected to only increase over time. RBLK holders can also receive generous staking rewards with up to 30% through Rollblock’s revenue-share model. Every week, Rollblock reinvests 30% of its revenue to purchase more RBLK on the open market. Since 60% of these tokens are burned forever, RBLK’s price will follow a highly deflationary trend over time.
Even with these features, Rollblock’s presale stage 7 tokens are currently selling for just $0.0318 each. As analysts anticipate up to 880% gains for RBLK holders by the end of the token’s presale, Rollblock’s demand is expected to skyrocket by the end of Q4.
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