Cardano and TRON have seen significant recoveries in July as bullish news broke for both projects. Nonetheless, turbulence is still on the menu as volatility is increasing the crypto market. Holders are rotating funds into DeFi casino Rollblock as it makes waves in the GambleFi space.
Radical Upgrade on The Way For Cardano
The Chang Hard Fork Upgrade is expected to revamp Cardano’s community and enhance user participation, further increasing Cardano’s decentralization. According to experts, this could be the catalyst for the next big Cardano rally which could send the token back above $1.
At the time of writing, Cardano’s price hovers around the $0.40 mark after a strong rebound from the early July bottom of $0.32. The Cardano network recently endured a DDoS attack, which further cemented the confidence in its long-term potential. On the other hand, Cardano holders are expecting further price instability as the entire market approaches a pivotal point.
Tether Mints $1 Billion On TRON Investors Ecstatic, But Is It All Rosy?
Tether recently minted $1 billion in USDT currency on the TRON blockchain, with $0 spent on transaction fees. This news has been received with enthusiasm by TRON holders, frustrated by the lack of updates and underwhelming price action.
TRON has been trending upwards since recovering from the $0.11 bottom caused by the Bitcoin sell-off in early July. TRON has tested the $0.14 resistance a few times but was swiftly rejected. It looks like the third time's the charm as TRON is steadily holding the $0.013 price point.
Rollblock Ready To Dominate GambleFi As Presale Nears $2 Million In Raised Funds
Rollblock is set to disrupt the $450 online gambling industry by bridging the gap between centralized and decentralized gambling. Rollblock ensures a safe and immersive user experience by integrating blockchain technology, where all transaction records are easily accessible and immune to manipulation.
The casino has a no-KYC policy, a welcome surprise for users who prefer to keep their anonymity. Users can simply connect their wallet to start playing one of the 150 games available, and sports betting is expected to be added soon.
Rollblock is offering some of the highest APY on the market thanks to its revenue-share mechanism. This is where the casino sets itself apart from the competition. Up to 30% of the generated profits will be reinvested to purchase RBLK tokens on the open market. Half of this amount will be burned, reducing the total supply, which in turn will sustainably skyrocket the value of RBLK. The other half will be used as recurring staking rewards.
Currently, Stage 4 of the RBLK presale is wrapping up, and the price per RBLK token is $0.0175. By the end of the last stage, this number is expected to increase by 800%.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
As the crypto gaming narrative starts gaining traction, analysts expect a 100x surge in 2024, which could push Rollblock into the world top 100 ranked cryptocurrencies.
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