As the Cardano (ADA) market dries up, crypto whales are looking for greener pastures to survive. Meanwhile, Kaspa is slowing down after getting 10% returns in year-on-year yields.
Sports belling on Rollbock (RBLK) seems to be the solution in both scenarios. While Cardano whales are investing in RBLK for better deals, Kaspa investors are looking at it to spin their profits.
Currently, sports betting leads to massive returns as the online gambling industry rakes up $500 billion annually. The decentralised app (dApp) Rollblock has emerged as a new favourite in the sports betting world because of its logistical and technological advantage.
Rollbock is logistically viable as it has a range of sports betting options like NBA basketball, MMA, European Football, motor racing and even horse racing. The online casino’s technological advantage lies in its security features along with added layers of transparency. Plays on Rollblock are recorded on an Ethereum blockchain ensuring proper KYC to earn from the online casino.
This has set the standard for crypto betting in sports leading various Cardano whales to invest in it to recover from losses. These crypto whales are waking up to the terms that Cardano is no longer a blue-chip digital asset as its value went down 80% in the last 3 years while YTD figures are down 40%. At its present declining rate Cardano could fall out of the top 20 cryptocurrencies by 2025-end, as new chains Kaspa surges ahead.
Kaspa is assuring crypto users with its unique GhostDAG protocol’s block times which makes Ethereum look geological in comparison. Despite a market capitalisation of $3.1 billion, Kaspa has gained 180% in year-on-year figures. This 55,000% yield in the last 3 years has overtaken every token.
However, this massive growth of Kaspa is slowing down, showing that crypto investors should re-invest in new coins with similar potential like Kaspa when the price is still high.
Cardano whales can gain if they buy new crypto tokens and there are plenty of profits in Kaspa if investors redistribute their yields to tokens which are surging. Rollblock priced at $0.0315 in its presale phase can lead to gains because of the volume of sports betting players available daily in the online gambling industry.
As of October 23, 2:00 PM UTC, ADA is trading at $0.36, up by 0.55% in the last 24 hours while its market capitalisation has gained 0.47% to reach 12.73 billion and trading volume stands at $293.28 million.