While fingers are still crossed for Bitcoin to reach the much-anticipated $100K price, many altcoins have been doing great numbers, and one of them is Cardano. The Cardano price has surged by over 200% in the past month, making it one of the best-performing coins right now.
In other news, the Cardano Founder has predicted that decentralized finance (DeFi) in the Bitcoin ecosystem will outshine all other crypto DeFi within the next few years. The bold prediction coincides with a massive accumulation of ADA among investors. However, these investors are also turning to Rollblock, a new token that has raised over $6.5 million in its presale. Let’s see why the new token is causing waves among investors.
Rollblock raised over $6.5 million before its launch
Rollblock is a new online gaming platform attracting gamers and investors with its unique GameFi platform and token. Like every blockchain gaming platform, Rollblock has its utility token, called RBLK. The token powers the entire Rollblock ecosystem, especially in terms of incentivizing players.
For instance, the RBLK token makes up the platform’s revenue-sharing system. With this model, players and token holders can get a share of the platform’s weekly revenue, which is paid out in additional Rollblock tokens. Moreover, investors and token holders looking for a passive income channel can lock up their RBLK tokens for staking rewards up to 30% annual percentage yield (APY).
Dedicated players can also earn additional RBLK tokens via its daily, weekly, and monthly rakeback rewards. Another reward system Rollblock runs is the VIP program, which rewards presale token holders based on their RBLK holdings.
Bitcoin fails to break $100K: Hoskinson predicts $250K
One of the biggest crypto wishes this year was for Bitcoin to reach 100K. However, the world’s largest cryptocurrency has only managed to cross $99K. As of the time of writing, the BTC price has dipped, calling for caution among investors.
Interestingly, Bitcoin’s latest struggles have not discouraged Cardano Founder, Charles Hoskinson, from believing in its future. According to him, Bitcoin will rise to between $250,000 and $500,000 within two years. The major fuel will be the launch of DeFi features and services on the Bitcoin blockchain, which will create more use cases and demand for BTC.
Cardano attains stronger user engagement
Earlier this year, many people had written off Cardano (ADA) due to its struggles. The token had failed to find momentum and reward investors with any significant gains. Fast forward to the last few months of the year, the ADA price has moved up massively, with about a 217% increase in the past month.
The latest Cardano news shows that its network growth and rising user engagement on the platform have boosted demand, leading to optimistic price predictions that the altcoin will reach $3 by 2025. Moreover, there’s anticipation of Cardano getting its spot exchange-traded fund (ETF) by 2025 based on another Cardano news. So, investors are bullish on the coin based on the expectations that the ADA will explode once it receives more drive from institutional investors.
Conclusion
The Rollblock presale is still ongoing, creating an avenue for investors to get their RBLK tokens at the lowest possible price of $0.037. However, the presale is in stage 8, with a higher price slated for $0.041 in stage 9.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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