Cardano (ADA) Extends Red Woes, Investors Flood Jupiter (JUP) And Rollblock (RBLK) For Seat On Rocket To The Moon

Key Takeaways
  • Cardano's focus on governance leads to a 6% drop, ending at $0.40.
  • Jupiter's price rises 10%, buoyed by Solana's ETF potential.
  • Rollblock's aggressive presale and promotions project 100x growth by 2024.
07-27-2024 Shristy Malviya
Cardano (ADA) Extends Red Woes, Investors Flood Jupiter (JUP) And Rollblock (RBLK) For Seat On Rocket To The Moon

Cardano Drops While Jupiter and Rollblock Soar: Weekly Crypto Update

Even weeks where the crypto market cannot make up its mind will still have big winners and losers. This week’s loser is Cardano (ADA) and its Chang Upgrade, while the winners are Jupiter’s (JUP) piggybacking of Solana (SOL) and top altcoin Rollblock’s (RBLK) new projections for 100x growth in 2024. 

Cardano’s Focus On Governance Ends Up Costing It Dearly

The Cardano price has dropped 6% on the week with a few days still left to go. What started as a rally up to $0.80 on news of the Cardano Chang Upgrade has ended at $0.40 as cooler heads prevail. 

Initial excitement at Cardano’s Chang Upgrade has been overshadowed by competitor blockchains announcing technical advances of their own. While Cardano is focused on governance, Cardano’s competitors are working on speed and scalability, and the market has shown which direction it values more. 

Jupiter Plans On Riding The Solana Blockchain’s Coattails To The Moon

The Jupiter price is already up 10% this week, and analysts expect it to continue to climb. This latest jump tops off a run for Jupiter’s price to $1 from lows of $0.75.

As an essential liquidity provider for the Solana blockchain, Jupiter’s fortunes are tied to its performance. Analysts are now expecting a massive breakout for Solana as the next in line for an ETF, and Jupiter is poised to ride this momentum as well. According to analysts, Jupiter could hit an all-time high if a Solana ETF is released. 

Top Altcoin Rollblock Is This Week’s Best Moon Ticket

Rollblock was already turning heads as it successfully rolled out its aggressive white paper plan on time and beyond expectations. Now Rollblock has really caught people’s attention with 2 back-to-back events that are sure to supercharge its presale performance.

The 1st event was a 72-hour 20% token bonus that saw Rollblock blast through the 4th stage of its presale. The 2nd event is a daily Olympics giveaway hosted on Rollblock’s Discord that is sure to see its upcoming 5th presale stage break even more records. 

These events will draw even more players to Rollblock’s already thriving online casino, which has more than 150 of the industry’s best games available to play. These players will also learn about Rollblock’s tokenomics model that turns weekly revenues into growth through high APY staking rewards and buyback and burns.

This approach of matching an aggressive growth strategy with regular promotional events demonstrates that Rollblock is intending to be a major player in the $450 billion global gambling industry right out of the gate. With the industry set to expand to $750 billion as it migrates online, there are potentially 10s of billions in annual revenues up for grabs.

RBLK is closing out its 4th presale stage at $0.0172. This price is expected to grow up to 10x by the final 8th stage of the presale.

Analysts have recently updated their growth projections for RBLK to 100x by the end of 2024 and over 1000x in the following year.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

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