Cardano (ADA) and Monero (XMR) were two of the top altcoins heading into the 2024 bull cycle but they are both now negative for the year
Cardano (ADA) and Monero (XMR) were two of the top altcoins heading into the 2024 bull cycle, but they are both now showing negative returns for the year. This has led investors to seek out other options, such as the crypto presale for Rollblock (RBLK).
Cardano was originally expected to challenge Ethereum for the top Layer 1 blockchain position. During the peak of the 2024 bull cycle, the Cardano price surged nearly 100% higher amid expectations that its time had finally arrived.
However, Solana's meteoric rise ultimately cut short this Cardano rally. By taking market share away from smaller tokens like Cardano, Solana has ascended to become the second-largest Layer 1 blockchain.
Due to the importance of privacy and anonymity to many crypto users, Monero was a top altcoin heading into the 2024 bull cycle. At its highest point in 2024, however, the Monero price only saw gains of around 20%.
The Monero price has now slipped into the red for the year as a result of the regulatory crackdowns, which are also affecting the broader market. In a move that is further harming Monero's prospects, the Kraken exchange has even been forced by the European Economic Community (EEC) to delist the token.
In contrast to the difficulties that Cardano and Monero are experiencing in their respective industries, Rollblock is encountering nothing but wide open horizons in the $450 billion global gambling market.
With its next-generation technology driving rapid market share accumulation at the expense of aging and outdated legacy online gambling sites, Rollblock's crypto casino enjoys no effective competition.
By shifting its casino to the blockchain, Rollblock has done away with all the hassle, costs, and bureaucracy of online gambling. From any location, players can log in and use 20 different major crypto tokens to access a selection of 7,000 of the gambling industry's top games, all of which feature provably fair odds.
With a new sports betting rollout, Rollblock is currently expanding on this already sizable platform. Everything from major league sports to fan favorites like golf and tennis will be covered by Rollblock's sports betting odds.
Additionally, every Rollblock player will get ongoing benefits from using the RBLK gambling token.
The 30% of daily revenue that is used to carry out open market buybacks is the main benefit of RBLK. Following that, these tokens are either burned to increase value through a shrinking supply or given out for staking with high APYs.
Analysts predict at least 100x growth for this top altcoin in 2024 thanks to Rollblock's enormous potential.
For the next seven days, Rollblock is providing a 25% purchase bonus. In the seventh stage of its crypto presale, RBLK is currently priced at $0.031.
Learn More about the Exciting Potential of the Rollblock (RBLK) Presale Now!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
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