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As Cardano and Avalanche Extend Bearish Sentiment, Holders Are Hedging Bets With This New Crypto Star

Mary-Kate Olsen
Release: 2024-10-16 00:28:10
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As bearish sentiment continues to overwhelm the market following the escalation of international tensions worldwide, cryptocurrency layer-1 old guards including Avalanche and Cardano are stagnating in early October.

As Cardano and Avalanche Extend Bearish Sentiment, Holders Are Hedging Bets With This New Crypto Star

As bearish sentiment continues to grip the market amid escalating global tensions, cryptocurrency layer-1 veterans like Avalanche and Cardano are showing signs of stagnation in early October.

Meanwhile, trailblazing play-to-earn iGaming gem Rollblock is surging rapidly during the sixth stage of its presale, emerging as a strong contender for 100-500x returns by 2025. Anticipating the market’s recovery in Uptober, Rollblock is poised for multiple rallies, making now the ideal time to accumulate RBLK tokens before it’s too late.

Despite not being widely discussed compared to other layer-1 options like Solana, Ethereum and the recent addition of Sui, investors should pay close attention to Avalanche.

Currently, Avalanche is showing strong gains, up 12% in 30 days and an additional 3% this week. As positive community sentiment for Avalanche reaches 85% while Ethereum flounders in popularity, there’s a possibility that Avalanche could surprise the crypto community and surpass its all-time high of $146 in this bull run.

Cardano has experienced a resurgence following months of waning interest. The diminishing hype around Ethereum and the desire for superior layer-1 technology has led to renewed interest in Cardano, although newer alternatives like Sui may hinder Cardano’s bullish momentum.

However, Cardano is down 2% this week, and many analysts are anticipating further crashes for Cardano down the line. Some analysts have described Cardano’s downturn as a “deep depression phase,” while others dismiss this claim as exaggerated and unfounded.

For those seeking 100x returns and rapid rallies, look no further than Rollblock, a new GambleFi platform making waves in the industry with its advanced casino.

Thanks to the platform’s high potential for hype and unique utility within the iGaming space, analysts are projecting that Rollblock could deliver 100x returns once the RBLK token is listed on the market following the final presale stage.

One key aspect of Rollblock that sets it apart is its streamlined onboarding process. Being a no-KYC platform, players can directly engage in the gaming experience without having to provide identification documents like a passport or driver’s license, making it an ideal choice for users concerned about privacy.

Catering to a diverse range of players, Rollblock offers a library of over 7,000 games, spanning from casino classics like poker and roulette to exclusive blockchain-based titles. The upcoming integration of sports betting will further enhance the utility of the RBLK token and attract an even larger audience.

When it comes to security, Rollblock takes no chances, employing advanced encryption to protect all transactions and bets from cyber threats. Recently, the platform has bolstered its security with AI-driven protocols, ensuring a safe and transparent environment for users.

For investors, Rollblock offers an attractive revenue-sharing system. A portion of the platform’s profits is allocated for token buybacks, burns, and redistributions as staking rewards, reducing the overall token supply and increasing its value while encouraging investors to hold long-term.

Priced at just $0.031, Rollblock is poised for multiple rallies throughout 2024-2025. With over 18,000 registrations during the sixth stage of its presale and a 800% surge anticipated as early as November, there may never be a better time to acquire RBLK tokens than right now.

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