Following the crypto news that another altcoin season is imminent, top cryptocurrencies like Cardano (ADA) and Shiba Inu (SHIB) have been experiencing decent buying pressure. Consequently, the SHIB price has surged by over 17% in the past month, and the ADA price has increased by over 76% within the same period. Both networks have also experienced increased activities and market cap values.
However, they still need to overcome resistance at different levels, making them unlikely to surpass their existing all-time high (ATH) prices or reach new ones. That’s why more investors are turning to Rollblock, a new token soaring during its presale. Having raised over $7 million so far, let’s see why the token is attracting investors.
Cardano’s increased network activities boost momentum
As of the time of writing, the ADA price is $1.02, up 273% compared to its November 2023 price. Experts connect the early December boom in Cardano price to the surge in the network’s activities, causing more Cardano transactions and an increased demand for the token. For context, the token’s market cap has increased to over $44 billion, reinforcing its position among the top 10 cryptos.
Additionally, the latest crypto news suggests that there’ll likely be a Cardano spot exchange-traded fund (ETF) approval by 2025. That will open up access to institutional investors who want to trade the coin in regulated environments.
SHIB unlikely to reach new highs after resistance
SHIB remains the top meme coin by market cap after Dogecoin, and its recent price uptrend reinforces its position. The SHIB price has moved up by over 73% compared to its November 2023 price, rewarding investors with decent gains. However, despite the surge, the SHIB price is around $0.000030, significantly lower than its 2021 ATH price of $0.000084.
Moreover, SHIB is facing resistance at $0.000033, which suggests that it may have reached the peak of its recent bullish run. While there’s an optimistic SHIB price prediction of $1 by 2025, the chances of SHIB hitting such a high price are slim, considering its current market realities.
Rollblock blazes through the market with its new online gaming platform
While resistance levels may be an issue for SHIB and ADA, Rollblock is going all guns blazing in the altcoin market. The new token has raised over $7 million during its presale, sparking conversations about it being the next crypto to explode.
Besides, the Rollblock token has been increasing in price across its various presale stages. Consequently, earlier investors have made over 300% gains within a short period. As the presale progresses, the Rollblock price will go higher, resulting in extra gains for investors.
Furthermore, post-launch and exchange listing pumps will further drive up the value of Rollblock. The future gains will be sustained by its exciting features, including its massive gaming library and revenue-sharing model that will see users earn a share of its weekly profits. There’s also the Rollblock staking feature for decentralized finance (DeFi) investors to lock up their coins for up to 30% annual percentage yield (APY).
Conclusion
With guaranteed increases during its ongoing presale, Rollblock is set to hit a new ATH from time to time. Interested investors can get the token for $0.041 in stage 9 before it increases to $0.047 in the next stage.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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