Cardano Price Prediction: Experts Believe $10 Is Real Possibility; Why RBLK Has Gained So Many Investors This Year
Some experts are cautious about Cardano's future despite a recent price increase to around $0.78, a 4.5% gain in 24 hours. This has led some investors to look at Rollblock (RBLK), a gaming-focused cryptocurrency. Rollblock's presale has attracted over 50,000 investors, raising $10.7 million and increasing the token's value by 500% across ten rounds. Analysts think RBLK could reach $1 or more after listing on major exchanges. Rollblock offers over 7,000 games and sports betting using the Ethereum blockchain. The platform has seen a 600% increase in deposits and signups, with $1.75 million in wagers. Rollblock uses 30% of its revenue to buy back and burn its own token, RBLK, to reduce supply and reward stakers. RBLK currently trades at $0.06 after reaching a new high. Cardano is showing some positive signs, holding above a support level of $0.74. Analysts suggest a potential price increase to $1.04 if it breaks above $0.85. Exchanges have seen $2.55 million in Cardano outflows recently, indicating potential accumulation. Traders have also placed $20.37 million in long positions at the $0.732 support level. Some believe Rollblock could increase in value significantly this year, potentially reaching $1 by the end of 2025 if demand for gaming tokens remains high.