In all previous bull cycles, it’s the newest crypto presale tokens that offered the best returns, and this year is no different.
As we all know, in previous bull cycles, the newest crypto presale tokens have offered the best returns. This year is no different. Now, in Stage 3 of its presale, Rollblock (RBLK) has smashed all previous records, raising over $1m and seeing the token up over 50%.
With analyst predictions of 880% during the presale and a further 100x after it launches, Rollblock is set to lead this cycle. So, what happens to legacy cryptos, such as Solana (SOL) and Cardano (ADA), as they’re both hit with the success of new crypto presale tokens?
Solana is known for its impressive speed and low transaction costs, making it a popular choice for dApps and meme coins. With its unique Proof of History (PoH) consensus mechanism, Solana can process thousands of transactions per second, making it the choice for any developer not wanting to go with Ethereum.
The SOL price is up nearly 500% year-to-date, and over the last 18 months, it has been one of the best performers in the entire market. It may have lost out on some bids to newer crypto presale tokens, but this is normal for altcoins in their second or third price cycle.
Solana began 2023 with a bang, rising nearly 120% in the first two months of the year. However, it has since lost steam and is now trading in the red over the last 90 days.
Despite this recent setback, Solana remains one of the most popular altcoins in the market, and many investors are still bullish on its long-term prospects.
Now, let’s take a look at Cardano (ADA). Known for its scientific approach and strong emphasis on research-driven development, Cardano was once touted as the Ethereum killer.
However, after several failed launches and broken promises, the Cardano price has been one of the worst performers in the entire crypto market. While Cadano may have not had such a good run as SOL it still has managed to maintain a 33.39% green on 1 year charts, this can be attributed to the numerous unmet promises from the ADA team.
These setbacks have led to frustration among investors and a loss of confidence in the Cardano network.
Now, let’s take a look at one of the best-performing new crypto presale tokens this year – Rollblock (RBLK).
Rollblock is being touted as a disruptor for the online gambling industry thanks to its transparency, immutability, and simplicity of the platform and token utility. By utilizing the best of centralized gambling platforms and decentralized technology, this platform is already causing a buzz among savvy investors.
Transparency is a cornerstone of Rollblock’s appeal as the platform boasts fairness and trust, something that has long plagued traditional gambling platforms. By using blockchain technology, every transaction is permanent and publicly accessible, guaranteeing transparency and a platform people who like a flutter can finally trust.
The native token, $RBLK, is available during the crypto presale, and these are needed for all interactions throughout the platform. There are over 150 gaming options, a wide range of sports betting options, and many other ways to keep its users entertained and busy with their game of choice.
This builds up a loyal community, and best of all it also allows token holders to earn a passive income. Through the Hold to Earn program, token holders get a share of the platform’s daily revenue, while the Stake to Earn program rewards users who stake their tokens for the benefit of the platform security and liquidity.
There’s also a buyback and burn initiative, where the Rollblock team will regularly purchase market tokens, burn half and distribute the remaining half as rewards to stakers. This will likely have a positive effect on the price and, of course, give more tokens to stakers to earn rewards from.
The crypto presale has already exceeded expectations, raising over $1 million while still in Stage 3. This highlights confidence in Rollblock’s potential, and with early analyst predictions of 880% during and a further 1000% after launch, this might just be the crypto to lead this bull cycle.
Get in on the early action of the Rollblock ($RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The above is the detailed content of New Crypto Presale Token Rollblock Raises Over $1M as SOL and ADA Struggle to Compete. For more information, please follow other related articles on the PHP Chinese website!