The post Cardano and Chainlink Unlikely To Make New Highs Say Experts, Bigger Gains on Horizon For This New Crypto appeared on BitcoinEthereumNews.com.

Cardano and Chainlink continue to struggle as they are both caught in a narrow range with no breakout in sight. Analysts believe that investors would be better off jumping ship with Rollblock. This highly lucrative presale has already seen returns of 140%, and experts believe that Rollblock is on track to disrupt the $450 billion gambling industry.  Cardano Returns To Range Low As Major Update Goes Live Cardano is still struggling to regroup as all the gains made in the late August rally were returned to the market. Today Cardano sells for $0.33 with a 9.3% decline in the last week alone. Cardano is also down a total of 75% versus Bitcoin. Meanwhile, the highly anticipated Chang Hard Fork has finally been deployed. The goal is to make the Cardano ecosystem fully decentralized and give the keys to the community. For now, there has been no reaction in terms of price action for Cardano, but it’s still too early to say how this upgrade will impact the project. Chainlink’s Underperformance Will Be Studied One Day Chainlink emerged as one the largest providers of decentralized oracle solutions on the market. Chainlink also boasts a wide array of partnerships: Swift, Amazon Web Services and T-Mobile. Just recently Chainlink announced that it will start working with Suhoio, a South Korean blockchain financial technology company, to provide solutions for the tokenization of RWAs (real-world assets) and CBDCs across Asia. However, Chainlink’s price action continues to be lackluster as it’s still moving in the multi-month range around the $10 mark. Gone are the days when Chainlink led the market, dominating the 2020 DeFi Summer.  In Hindsight, Rollblock’s Rise Will Be So Obvious. Here’s Why Rollblock is a community-backed crypto casino and analysts believe that it could give major altcoins a run for their money. Rollblock…

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Filed under: News - @ September 6, 2024 10:26 am