The rise and fall of NIKE, a new meme coin spawned from the lifestyle of Cardano creator Charles Hoskinson, has caused intense debate in the ADA community. Meanwhile, investors are racking up profits by investing in Solana and Rollblock.
Both tokens have demonstrated potential for massive gains in recent times. Rollblock, especially, has attracted a horde of new investors. Rollblock is currently in presale stage 3, with almost $1 million raised so far. Experts predict it will appreciate 100x in 2024, so serious investors wouldn’t want to miss out on it.
Charles Hoskinson’s new meme coin NIKE sparks Cardano infighting
A fortnight ago, Cardano founder Charles Hoskinson announced on Twitter that he has a pig named NIKE. Twelve hours later, someone had created a new meme coin out of this information. Surprisingly, NIKE had surged significantly during this period, with its market cap drawing close to $10 million.
NIKE has since crashed but this bizarre occurrence sparked serious infighting within the Cardano community. While some people were optimistic about it, others said it’s everything that’s wrong with crypto. If these meaningless projects can accumulate large pools of funds and then crash soon after, people won’t want to invest in crypto.
The infighting hasn’t really impacted Cardano’s price, though. ADA is marginally up over the last week. It currently stands at $0.004, which is a 60% drop on the monthly stage. If Charles Hoskinson continues revealing personal information on Twitter, a new meme coin could spring up and boost ADA.
Solana soars 13% following ex-Goldman Sachs executive’s backing
Former Goldman Sachs executive Raoul Pal believes that the crypto market is approaching “the banana zone,” which is a lengthy period of sustained growth. Speaking in a recent video, he added that Solana would lead this expansion.
He said this is because many crypto developers are building on Solana. Also, Solana’s compressed NFTs would allow for massive adoption. Ninety percent of his crypto holdings are in SOL, he added.
Solana currently trades at $146, a 17% rise in the last week. SOL remains a decent option for crypto investors with a lower risk appetite.
Rollblock holders rake in massive gains
If you want to make substantial crypto profits, you need to invest in upcoming projects with lots of potential. They may not be popular or have high prices, but they usually record the biggest price gains when they hit the limelight.
That’s the kind of crypto project that Rollblock is.
Rollblock is doing something special in the online gambling market, which is currently worth $450 bn. It brings in transparency and enforces honesty where there is none. You see, in this space, betting establishments and gamblers don’t trust each other due to manipulation of betting odds and results. Rollblock puts an end to that by introducing a decentralized platform where every action is recorded on an immutable blockchain.
Rollblock is also the first ever community-backed iGaming dApp built on Ethereum. It doesn’t require KYC – you get immediate access to hundreds of games with just an email address. Furthermore, users can stake crypto tokens on Rollblock and earn bountiful rewards for doing so.
In essence, Rollblock is a game changer in the online casino space and is seriously attracting investors. The project is currently in presale stage 3, with 600 million tokens available at a current price of $0.015. And guess what? Analysts predict the token will appreciate by 800% during presale, handsomely rewarding those who invest in it.
Conclusion
Charles Hoskinson inspiring new meme coins hasn’t had a significant impact on ADA and Solana seems to be showing signs of life. Nevertheless, Rollblock remains the best investment destination for serious investors. It’s still in presale and experts say it could make a 100x gain when it lists on exchanges.
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