ADA and DOT Holders Seek RBLK As New Crypto Titan
The post ADA and DOT Holders Seek RBLK As New Crypto Titan appeared on BitcoinEthereumNews.com.
Polkadot and Cardano are generally known as crypto titans. Both projects were founded by Ethereum co-founders hence their focus on building an ecosystem of decentralized applications. However, the last year hasn’t been good to DOT or ADA, and new competition could take their places. Experts think Rollblock could be that guy. A new crypto ICO in the GambleFi space, it packs many attractive features and has loads of room for appreciation. It is currently in presale stage 7, having appreciated by more than 200% already. Read on to find out why veteran crypto enthusiasts see Rollblock as the new crypto titan. Cardano price drops 15% in 7 days Cardano competes fairly in the decentralized app ecosystem market, thanks to its unending network upgrades. The recent Chang upgrade turns ADA into a governance token, but the goodwill is yet to translate to the Cardano price. Instead, Cardano has steadily depreciated. In the last week, ADA shed 15% of its value to its current price of $0.33. The total value of locked tokens (TVL) on Cardano has also been on a decline over the last couple of months. This underwhelming decline has prompted ADA holders to migrate to other more promising crypto projects. Polkadot struggles to realize cross-chain vision Polkadot aims to build an interoperable ecosystem of blockchains with its parachains, but it has struggled to gain traction. That’s because Polkadot hasn’t been able to deliver on several functionalities it promised, even though it has gone through numerous upgrades. This journey of growing pains is reflected in DOT’s price, which so far hasn’t been able to recapture old highs. DOT shed 15% of its price in the last week, falling to a yearly low of $4. Nevertheless, Polkadot is still an interesting project for the crypto community. DOT ranks amongst the top…
Filed under: News - @ October 6, 2024 9:06 am