Altcoins
Litecoin (LTC) and TRON (TRX) Holders Flock to Rollblock (RBLK) Amid Market Shifts
Litecoin (LTC) and TRON (TRX) both experienced a period of price stagnation last week, which led traders to change their strategy and start diversifying their holdings so they can create a complete portfolio.
Among the many projects available, Rollblock (RBLK) has performed well amid market changes, making it the go-to altcoin. To see which cryptocurrency can generate the highest returns in 2024, we will take a look at all three individually and determine which is one of the best altcoins to invest in.
Litecoin price drops 10%: can it recover and reach new heights?
The value of Litecoin (LTC) has dropped by 10% over the past week, which is indicative of a bearish price trend. According to the chart parameters, Litecoin price rose from $76 to $85, before finding support at the $79 level.
Now, $90 represents a major price barrier that the Litecoin cryptocurrency must overcome to regain its momentum and reach new heights. According to Litecoin price prediction, it may do so as its RSI and MACD data are bullish and it can reach $119.89 at its highest level.
TRON Crypto in a Period of Stagnation: Will the Situation Change by Q4 2024?
TRON (TRX) has achieved important ecosystem milestones, where the The HackaTRON event has been launched much fascination, when the season 5 qualifiers were announced. Not only that, but the TRON cryptocurrency could soon increase in activity as the total accounts on its network exceed 236 milliondemonstrating the ability of the network.
As for TRON’s price performance, it only increased by 5%, indicating that it is stagnant. However, sentiment about its future is bullish, as according to TRON’s price prediction, it could close the fourth quarter of 2024 at $0.1575. As a result, TRON is still one of the best altcoins to keep an eye on.
Rollblock (RBLK) dominates the charts as a Gamble-Fi focused altcoin
Roll Lock (RBLK) is undergoing a blockchain ICO for a token that will be linked to its fully online, licensed and transparent igaming platform. Through the use of blockchain technology, users can rest assured with guaranteed tamper-proof transaction records and no Know Your Customer (KYC) checks are required, which is ideal for privacy-conscious users.
Furthermore, Rollblock Casino can become a major force in the GambleFi market, which is expected to reach $744 billion by 2028. Apart from this, a key feature of the platform is the unique revenue sharing model. Specifically, up to 30% of casino profits are used to buy back RBLK, which can potentially increase its value.
Half of the tokens are then burned, which results in a reduction in supply and increased scarcity of the token which can drive the price up. The other half is then distributed to long-term holders who stake the RBLK cryptocurrency, providing greater utility. During Phase 3 of the presale, RBLK is priced at just $0.014, which is a 40% increase from the initial price. Additionally, the pre-sale raised over $750,000 and at this rate could surpass $1 million raised by the end of the month. That said, analysts expect a 10x increases once listed on a tier 1 exchange, making it one of the best altcoins to keep an eye on.
Go ahead with Rollblock
It is clear that Litecoin and TRON are in a period of stagnation or declining prices and as a result many hodlers are looking for new ways in which to diversify their holdings. One of the cryptocurrencies that has gained the most momentum thanks to this is Rollblock (RBLK), and with this growth rate it is poised to become one of the best altcoins to invest in.
Discover the exciting Rollblock (RBLK) presale opportunities today!
Website: https://prevendita.rollblock.io/
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