Both Cardano (ADA) and Injective (INJ) have experienced significant surges over the past few days, flipping the downtrend and gaining bullish momentum. However, it’s safe to say that they have already reached the point of diminishing returns, as its unlikely for them to experience the same massive price multipliers of the past, given their multi-billion market caps.
This is why investors are on the lookout for low-cap gems such as DeFi platform Rollblock which is already making waves with its incredibly successful presale of the native RBLK token. Let’s dive deeper and discover why Rollblock could lead the charge with its innovative platform.
Is Cardano On Track To Reclaim $1?
After months of frustrating price action with ADA’s price hovering around the $0.34 mark, Cardano surprised everyone with a notable 107% monthly increase. At press time, Cardano sells for $0.72 and CoinMarketCap shows a 24% gain over the last seven days. In terms of volume, Cardano’s performance has been relatively flat in the last 24 hours, with about $4.97 billion worth of ADA traded on exchanges.
A golden cross pattern has appeared on the Cardano chart when the 50-day moving average crossed above the 200-day MA, signaling the long-awaited trend flip that could push Cardano’s price much higher. With the sentiment turning bullish again, a surge toward the $1 mark could come sooner than expected, supported by the extremely favorable market conditions.
Injective Breakout Above $25 Confirmed, What’s Next?
After a stellar performance in the first half of 2024, Injective (INJ) was caught in a narrow trading channel around $23. In line with the market-wide recovery, Injective has started rising again as buying pressure started mounting. Today Injective sits at $26.93 with an 8.9% intraday increase and a 38% surge in 24-hour volume, with $235 million worth of INJ changing hands.
Additionally, over 11,000 INJ tokens have been burned, affirming the bullish thesis for Injective, this deflationary event is expected to promote further scarcity-driven growth. If these token burns become the norm, they will only strengthen Injective’s momentum which could possibly lead to a new ATH by the end of the year.
Rollblock Is Turning Heads With Record-Breaking APY
Rollblock has just crossed the $5.5 million milestone in raised funds as the ongoing presale is going viral on social media. This project is set to capture a large portion of the $450 billion gaming industry as it increasingly migrates online. As Rollblock’s platform is entirely blockchain-based, it solves at once all of the persisting issues that have been troubling the online space. Namely, lack of transparency, security, and trust. Since all interactions are immutably inscribed on the blockchain, it’s impossible to alter them in any way.
It’s no wonder that over 20,000 players have already joined the Rollblock ranks while the platform is still in its infancy. A massive 7,000-game catalog awaits newcomers and next week, Rollblock will offer a sneak peek of its long-awaited new features to its Discord community which can be accessed immediately via this link.
Another feature that separates Rollblock from the competition is its intriguing revenue-sharing mechanism that will allow players to enjoy a passive income stream which will encourage users to hold the RBLK in the long term. To sustain this, every week, the platform will reinvest up to 30% of its weekly earnings to repurchase RBLK tokens on the open market. 40% of these tokens will then be redistributed as staking rewards, while the remaining 60% will be burned, creating the perfect deflationary environment for RBLK to skyrocket in value.
Stage 8 of the presale is now live and tokens are priced at $0.035. This is the perfect entry point for investors who want to be on the winning side of the upcoming GameFi revolution. With an 800% surge around the corner and a gigantic 1,000 rally expected at the peak of the bull run, the best time to get involved is now! For a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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