Cardano and Algorand have a potential partnership in the works. This might not be enough to improve their stance, though, as both tokens performed poorly in August. Instead, investors are rotating their funds to a new project that’s seen significant presale progress. Rollblock. Rollblock is a GambleFi ecosystem that’s quickly raised over $2.641 million. Having increased in value by over 120%, analysts are preparing for a massive 100x rally in 2024.
Cardano Internal Issues Cause Investor Worries
Although a potential collaboration with Algorand is in the works, the Cardano price has dropped in the last 24 hours. Cardano plunged by 4.32% due to news of internal development issues. In the wider scheme, Cardano has also had a poor August. Cardano fell by 12.85% in the last 30 days. However, ADA experienced a slight recovery in the last week, as the Cardano price had a resurgence of 5.74%.
Is Algorand on The Road to Redemption?
The collaboration with Cardano doesn’t appear to be helping Algorand either. In the last 30 days, Algorand has dropped by 6.99%. Like its potential partner, Algorand’s price recovered by 5.37% in the last week. However, it has since fallen again, with a drop of 5.19% in the last 24 hours. Algorand is trading at $0.134, which is a long way off from its $2.381 peak in 2021.
Rollblock Presale Nears Stage 6 with $2.641m Raised
Rollblock is quickly making a name for itself as one of the fastest-growing crypto presales in the market. Having already raised over $2.6 million, analysts believe that Rollblock has all it needs to offer huge returns while disrupting the $500 billion casino market.
The blockchain casino has over 150 games from 10 software developers, including live blackjack and roulette. Customers can also enjoy slots and new AI-powered games. Rollblock is set to launch a sportsbook in the next few months, which will feature favorite markets like soccer, golf, tennis, and football.
The $RBLK token is set to reward staking holders via its revenue-sharing feature. Customers will get frequent payouts as Rollblock will use casino revenue to buy back $RBLK tokens from the open market. Half of these tokens will be used for the staking rewards while the other half are given as rewards.
This dual revenue-sharing feature is drawing investors in. Due to the burning, the value of $RBLK should remain highly deflationary, and holders can get consistent payouts. With 77.97% of the fifth presale round sold, Rollblock is soon set for another price increase. It’s trading at $0.022, up over 120% in just a few months. Crypto experts predict this is just the beginning and that a 100x price increase is possible by the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino