The crypto market is filled with boundless opportunities! Some of the former best performing cryptos have lost their footing to market volatility
Bitcoin Cash’s days of glory are long gone. The cryptocurrency, born out of Bitcoin’s contentious hard fork in 2017, was once touted as the superior version of BTC. But, as time went on, it became clear that BCH was anything but that.
Now, as another year rolls by and the crypto market continues to evolve at breakneck speed, Bitcoin Cash finds itself languishing in the dust. Its price has taken a beating, crashing by 27% this month alone. And, despite analysts predicting a rebound, BCH remains stubbornly low.
But what’s really damning for Bitcoin Cash is the lack of interest from both users and developers alike. Despite being around for several years now, BCH has failed to garner any significant following or see any meaningful development activity.
This ultimately led several crypto experts and enthusiasts to brand Bitcoin Cash as a “ghost chain” – a cryptocurrency that’s practically dead with no liquidity, users, or development activity to speak of.
To make matters worse, on-chain data from Coinmetrics also shows that Bitcoin Cash is facing a new down leg as رم仮想通貨’s volatility rises. This could spell even more trouble for the beleaguered cryptocurrency.
Meanwhile, another former best performing crypto is also facing the brunt of market volatility and dwindling user interest. After surging by an impressive 166% to hit $40 earlier in March, Ethereum Classic has since lost over 53% from its March high.
The cryptocurrency, which failed to sustain its momentum after being listed on Binance, also saw its 24-hour trading volume decline significantly over the past few weeks.
This ultimately led several crypto experts and enthusiasts to brand Bitcoin Cash as a “ghost chain” – a cryptocurrency that’s practically dead with no liquidity, users, or development activity to speak of.
While Ethereum Classic did manage to put up a good fight to remain in the top 20 crypto rankings by market cap, it appears that the lack of any substantial ecosystem activity and new development is finally catching up to the cryptocurrency.
According to on-chain data from Coinmarketcap, Ethereum Classic has shed over 53% from its March high of $18.4. Its 24-hour trading volume has also been on a steady decline for weeks now. This serves as a clear indication that investors are gradually pulling out of its floundering show on the price chart.
Now, as another year rolls by and the crypto market continues to evolve at breakneck speed, several new altcoins have entered the scene with the potential to dethrone even the biggest names in the industry.
One such cryptocurrency, Rollblock, has managed to blow past the competition with a staggering 140% uptick in valuation during its presale campaign. This ultimately pushed several crypto experts to tip the new altcoin to go 100x.
While both Bitcoin Cash and Ethereum Classic have been battered by market volatility and dwindling user interest, both have served to highlight Rollblock’s powerful entry into the scene with its GambleFi license.
This ultimately comes as no surprise, considering that the gambling industry, despite being valued at an annual $500 billion, still lacks a proper user-focused solution to overturn traditional casinos’ tyrannical reign.
It has been “house always wins” for ages. However, Rollblock places the spotlight on punters with its blockchain-based AI play-to-earn crypto-only casino. Its goal is to provide solutions to traditional casinos’ ordeals, which worked wonders in garnering widespread acceptance.
In addition to gaining no-KYC access to over 159 provably fair gaming titles, Rollblock users can earn more for less via the revenue-sharing program. Furthermore, token holders can obtain a slice of Rollblock’s earnings just by staking, holding, or using cashback.
Unlike both Ethereum Classic and Bitcoin Cash, Rollblock has managed to stand head and shoulders above new altcoins. Its presale is still going strong at just $0.024 in stage 6, with its new ATH indicating a 140% gain for early investors.
In fact, several crypto experts have tipped RBLK to 100x as liquidity edges close to $3M from over 10,000 backers. To learn more about this exciting opportunity, be sure to check out Rollblock’s official website and socials.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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