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Chainlink (LINK) and Cardano (ADA) Abandoned as Investors Flock to New Altcoin, Rollblock (RBLK)

Linda Hamilton
Release: 2024-10-12 18:04:23
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Across all experience levels, traders and investors are always trying their hands on a variety of cryptocurrencies. The search for the currency with the highest potential has led to Chainlink (LINK) and Cardano (ADA) investors abandoning ship for a new altcoin called Rollblock.

Chainlink (LINK) and Cardano (ADA) Abandoned as Investors Flock to New Altcoin, Rollblock (RBLK)

As traders and investors of all experience levels continue to dabble in various cryptocurrencies, the quest for the coin with the highest potential has led Chainlink (LINK) and Cardano (ADA) investors to abandon ship for a new altcoin called Rollblock.

While LINK and ADA grapple with dwindling investor sentiment, this new contender is emerging as the best crypto to buy now, according to market experts. Rollblock (RBLK) is making waves in the $450 billion online gambling space with its new $RBLK token.

The altcoin is poised to revolutionize the entire crypto-based gaming landscape by offering features such as staking, exclusive game access, and rewards for players.

Presale participants can currently purchase tokens for $0.031 each, and the 7th stage is selling out fast with less than 50% of the tokens remaining.

Rollblock's advanced blockchain technology enables it to deliver substantial returns by addressing the challenges faced by traditional casinos.

Statistics vary slightly depending on the measurement method, but Rollblock is undeniably leading the way in user autonomy for gambling.

Millennial and Generation Z gamblers are displaying a clear shift towards digital currencies. The ease of use associated with digital assets and the inherent benefits of cryptocurrency transactions themselves are making Rollblock a prime avenue for crypto gains.

Moreover, Rollblock is designed with state-of-the-art security, ensuring that all bets and transactions are fully encrypted for optimal safety and security.

This ease of access also significantly reduces the barriers to entry for new users.

Chainlink (LINK) has encountered difficulties in making headway due to its strong correlation with the BTC market.

Over the past month, LINK has experienced a 2% decline, decreasing its market cap to less than $6.55 billion. This marks a substantial 80% drop from its all-time high in 2021.

Despite the critical role of LINK's oracle services in the crypto ecosystem, its price has not fully reflected this utility.

Two-thirds of LINK holders are currently experiencing losses, and with a yearly inflation rate of 12.57%, the token is trading -52% below its cycle high.

Chainlink's weekly exchange netflow amounted to -$36.3 million, indicating a higher outflow than inflow.

Traders are advised to exercise caution when trading LINK, as the大な損失を被っている人がいる一方で、一部の投資家は Chainlink の将来の成功を強く信じているため、大きな利益を上げている人もいます。

一方、Cardano (ADA) の物語は、ここ数か月でより多くの注目を集めています。

ADA はネットワークのアップグレードと改善により、2023 年初めにかなりの上昇を遂げました。

しかし、ここ数週間で ADA の勢いは鈍化し、チャート上ではほとんど動きが見られなくなっています。

過去 2 週間で ADA は 2% 下落し、0.3 ドル台前半で推移しています。

テクニカルに見て、ADA は 50 日間の SMA レベルを維持できておらず、短期的な弱さが示されています。

また、RSI は 45 を下回り、ADA の上昇余地は限られていることを示しています。

しかし、ADA は 0.31 ドル付近の主要なサポートレベルを維持しており、このラインを下回ればより急激な下落が見込まれます。

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