Altcoins
Traders are looking to top altcoins like Rollblock for potential gains in the next market recovery
Although the cryptocurrency market is witnessing a correction, traders anticipate a potential bullish rally in the altcoin space. This is because many flagship altcoins are showing signs of recovery as market activity surges. Market research shows that accumulating some of these altcoins could prove to be a smart decision for traders. Some of the top contenders that make it to our list of altcoins are Rollblock, Toncoin and Arbitrum. Read more below.
Rollblock: the GamebleFi platform ready to disrupt the altcoin market
The altcoin market is about to witness the power of Rollblock, a new GambleFi platform set to revolutionize the $450 billion gambling industry using its AI-powered ecosystem. Rollblock has found solutions to the problems inherent in the casino and igaming market. Using blockchain technology, Rollblock will ensure that all transactions are permanent and immutable, making it difficult to change bets once placed.
Rollblock is a GambleFi protocol that wants to bridge the gap between centralized and decentralized gaming by giving users the best of both worlds. In terms of scalability, the ecosystem is built to onboard millions of people without any downtime errors. Rollblock Casino is fully functional and licensed, so players can register right away via email.
Meanwhile, the platform does not require KYC. Rollblock’s native token, RBLK, is the currency used in the ecosystem. Grants users exclusive access to certain games. Additionally, users can stake the token to get rewards. It is also the route used to share rewards, cashback, etc. The Rollblock token is available at $0.014.
With plans to list on Level 1 exchanges in the third quarter, analysts expect 10x rallies soon. Therefore, RBLK is one of the best altcoins for long-term gains. The Rollblock project has grossed over $750,000 in pre-sales, with analysts predicting $1 million soon. With plans to integrate AI to improve betting strategies, Rollblock’s adoption rate is expected to increase in the coming months.
Expert projections indicate that the price of toncoin will reach $13
Toncoin (TON) is a leading blockchain network that offers decentralized storage and fast payment processing. Use TON to provide more security to the ecosystem through staking. According to Ali Martinez, Toncoin is gearing up for a potential breakout, which could see the token’s price reach $11. However, the TD sequential indicator shows that the coin may briefly drop to $7.20 before recovering.
Furthermore, another analyst, Crypto Girl, sees Toncoin breaking out of the resistance zone near $7.50. According to her, the price of Toncoin is now consolidating above this resistance, which shows a continued bullish run towards $10 and $13. Meanwhile, Toncoin trading volume is increasing.
Expert Analysis – Arbitrum price is set to rebound after the recent decline
Arbitrum (ARB) is a cryptographic network developed as a scalable solution on the Ethereum blockchain. It is a layer 2 solution designed to improve and optimize transactions. The Arbitrum coin is the utility token of the platform and can serve as governance rights. The token is one of the altcoins, which is expected to go to the moon soon.
According to Jonathan Carter, Arbitrum displays a descending wedge pattern, which means a potential bullish reversal is near. The analyst believes that the token is testing downward support around $0.93. A successful breakout could see the price reach the $1.13, $1.27 and $1.58 targets. Meanwhile, Arbitrum trading volume is increasing as traders pick it among the altcoins to watch out for this year. Therefore, Aribitrum’s main price forecast points to the $2 mark for the third quarter.
Discover the exciting Rollblock (RBLK) presale opportunities today!
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Disclaimer: This is a sponsored article and the opinions contained herein do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any action related to the company, product or project mentioned in this article; nor should this article be considered investment advice. Please note that cryptocurrency trading involves substantial risks as the volatility of the cryptocurrency market can lead to significant losses.