Binance Coin (BNB) Hits New All-Time High Before Plummeting With Likes Of Cardano (ADA) But

On June 6, Binance Coin (BNB) joined Toncoin as the only top 10 altcoins to have registered new all-time highs (ATHs) so far in 2024. However, since then, BNB has joined other top altcoins like Cardano (ADA) to record a sharp 15% decline. On the flip side, Rollblock (RBLK) continues to see gains and is up by 40%.

Binance Coin (BNB) Plunges 15% Since ATH

BNB Chain TVL’s rising propelled BNB price above $720 to reach an all-time high on June 6. However, ever since BNB hit its all-time high, the altcoin price has declined by more than 15% sell-off as many investors cashed out their profits. The value of Binance Coin has now been hovering around the $620 level.

With the price of Binance Coin now stabilizing and the growth of the BNB chain, the analysts are quite sure that BNB might rise to $750 before June ends. However, such a forecast is, to a large extent, dependent on the bullish tendencies of the broader market. If the market stagnates the Binance Coin price may drop below the $600 mark.

Cardano (ADA) Extends Decline, Drops To $0.420

Cardano (ADA) is one of the top 10 altcoins that has failed to generate any form of bullish momentum throughout 2024. Year-to-date, the price of Cardano has declined by more than 28%, causing the altcoin to plunge into the $0.420 price range.

While the outlook for Cardano is predominantly bearish, the upcoming launch of the much-anticipated Voltaire upgrade could change things. Charles Hoskinson, the project’s co-founder, recently announced that Cardano is ready to launch the upgrade this month. This could cause a shift in the ADA altcoin price, with targets at $0.600.

Rollblock (RBLK) Defies the Trend, Continues To See Gains

While the top altcoins, Binance Coin and Cardano, struggle with bearish pressure, Rollblock (RBLK) has been recording gains. Over the last two weeks, the price of Rollblock has increased by 40% to hit its current price of $0.014 in the third round of its presale. 

While its current trajectory makes RBLK one of the best altcoins to buy at the moment, top experts believe the price of the coin could peak as high as $2 this year. Rollblock has attracted this type of bullish prediction because it is the world’s first GambleFi platform designed to conquer the $450 billion gambling market. 

Transparency and trustworthiness are the core values of Rollblock, creating a platform where gamblers can play over 150 high-payout casino games in a very fair manner. The platform is also fully licensed, meaning people from anywhere in the world can access its features without any issues. 

Rollblock also has a very interesting revenue sharing model where up to 30% of the platform’s weekly profits will be used to buy back RBLK tokens from the market. Half of the total sum will be burned to induce scarcity, while the other half will be used to reward those who stake $RBLK. Offering an APY as high as 30%, RBLK ranks among the best altcoins to buy for passive income.

Conclusion

While Cardano and Binance Coin continue to struggle, Rollblock has been building momentum with its 40% price increase. As the native token of a platform designed to accommodate the future of the online gaming and casino industry, market experts are optimistic $RBLK could peak as high as $2 before this year ends, outperforming ADA and BNB.

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

Website: https://presale.rollblock.io/ 
Socials: https://linktr.ee/rollblockcasino 

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