Cardano and Ripple Investors Mass Migration To New Altcoin After Raising $3M in Record Time
The post Cardano and Ripple Investors Mass Migration To New Altcoin After Raising $3M in Record Time appeared on BitcoinEthereumNews.com.
The new altcoin Rollblock (RBLK) has caught the attention of Cardano (ADA) and Ripple (XRP) investors. ADA has been bleeding red for more than six months, while XRP price struggled to rise and hold above $0.6. While analysts expect XRP price to rocket to a new ATH, RBLK is stealing the show with incredible passive income offerings to investors. Rollblock’s immense potential in the $540 billion gambling empire has prompted analysts to forecast gigantic returns past 100x for the new altcoin. Ripple XRP price holds strong above Weekly EMA With the Ripple-SEC tussle over, the XRP price has been on the rise. Ripple XRP rocketed from its August lows, rising to hit $0.64 a few hours after the judgment on Aug. 7. A slight sell-off pushed the price down to find support at the $0.54 level above the weekly 50-day EMA. As of Sep. 3, XRP traded at $0.57, holding well above the EMA. With the legal heavy lifting behind it, analysts believe the time has come for the XRP price to scale to new heights. Changelly data shows that XRP price could blast past $0.74 for meager returns in September. For better yields, XRP investors are accumulating the new altcoin in GambleFi. Cardano (ADA) tumbled 28% in 3 months ADA sits on a 29% yearly ROI, small potatoes compared to its counterpart Solana’s 583% yield. Even the slow, expensive Ethereum trounced ADA with a 72% yearly return. Though Cardano is touted as the most technically advanced chain, that hasn’t spurred on the price. Instead, ADA continued to frustrate investors with a more than 28% 90-day crash after collapsing nearly 10% in the past month. Switch to the monthly chart, and you’ll see ADA has been bleeding red for six months, spiraling down toward 2022-2023 lows. Frustrated ADA holders are…
Filed under: News - @ September 8, 2024 9:07 am