This crypto bull run is reshuffling the deck as new tokens push into the top 50 by market cap and old tokens drop out. Utility tokens Cosmos (ATOM) and Hedera (HBAR) are losing market share to big-name blockchains, while top altcoin and GambleFi rockstar Rollblock (RBLK) gets upgraded to x1,000 growth in 2024.
Cosmos Is A Proof Of Work Solution In A New Proof Of Stake World
The Cosmos price is down 7% this month as users migrate to a handful of top utility tokens like Solana and Ethereum. This big monthly drop takes the Cosmos price down to a whopping 32% loss for the year. With Cosmos now trading at $6.
Cosmos was designed in 2014 to solve the problems of cumbersome Proof of Work blockchains. Now that the technology has evolved to lightning-fast Proof of Stake blockchains, Cosmos’s technology has become a solution without a problem to solve.
Hedera’s Recent Growth Is A Drop In The Bucket Compared To Major Utility Tokens
Hedera’s price dropped 12% this month, despite adding 4,000 new users. The Hedera price is up 25% on the year overall, but this needs to be viewed in the context of the fact this token is down 84% from its ICO price. Due to its recent declines, Hedera is now trading at $0.06652.
While Hedera is adding users and providing a valuable service in niche areas, Hedera can’t compete with utility token juggernauts like Solana and Ethereum. As the market concentrates on a few major tokens at the top, smaller utility tokens like Hedera could slip from their top 50 spots.
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Top Altcoin Rollblock Races To The Top 50 By Market Cap On The Back Of The Extraordinary Growth Of GambleFi
Rollblock is racing into the top 50 tokens by market cap due to its focus on the enormous potential of the $450 billion global gambling industry. This industry is already ripe for crypto innovation and is set to grow to $750 billion by 2028 as it migrates online.
Rollblock is exploiting this potential by bringing a unique combination of fun and profit to the old online casino model.
Rollblock is already a thriving online casino featuring over 150 of the best games on the market today. Everything from old favorites like poker to the newest exciting digital slot games can be found on Rollblock’s platform. Rollblock also hosts a constant stream of new events and giveaways that create a sense of community that can only be found in a casino based on crypto.
Rollblock guarantees profits for all its players through its revolutionary take on tokenomics. RBLK is bought back from the open market using up to 30% of the casino’s revenue. This buyback program limits the supply through token burns and shares profits through staking rewards with the highest APY rates in the industry.
Rollblock is currently blazing through the 4th stage of its presale at the price of $0.0175. Current analyst estimates have RBLK set for 1,000x growth in 2024, which will make it a top 50 token by market cap before the end of 2025.
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Website: https://presale.rollblock.io/
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