Litecoin (LTC) and TRON (TRX) have both experienced a price stagnation period in the past week, which has resulted in traders needing to change up their strategy and begin diversifying their holdings so they can make a well-rounded portfolio.
Out of the many projects available, Rollblock (RBLK) has performed well amid the market changes, making it the go-to altcoin. To see which crypto can generate the greatest returns in 2024 we will individually take a look at all three of them, and will determine which is one of the best altcoins to invest in.
Litecoin Price Dips 10% – Can It Recover and Reach New Heights?
Litecoin (LTC) is down in value by 10% in the past week, which is indicative of a bearish price trend. According to the on-chart metrics, the Litecoin price moved up from $76 to $85, before finding support at the $79 level.
Now, $90 marks a major price barrier that the Litecoin crypto needs to pass in order to regain its momentum and reach new heights. According to the Litecoin price prediction, it can do so as its RSI and MACD data points are bullish, and can reach $119.89 at its highest level.
TRON Crypto in a Period of Stagnation – Will This Change by Q4, 2024?
TRON (TRX) reached major ecosystem milestones, where the HackaTRON event has been raising a lot of appeal, as the season 5 qualifiers got announced. Not only that, but the TRON crypto could soon spike in activity as the total accounts on its network exceed 236 million, showcasing the prowess of the network.
As for the TRON price performance, its up just 5%, indicating that it’s stagnating. Yet, sentiment on its future is bullish, as according to the TRON price prediction, it can end Q4 of 2024 at $0.1575. As a result, TRON is still one of the top altcoins to watch.
Rollblock (RBLK) to Dominate Charts as a Gamble-Fi Focused Altcoin
Rollblock (RBLK) is undergoing a blockchain ICO for a token that will be connected to its fully online, licensed and transparent igaming platform. Through the usage of blockchain technology, users can have peace of mind with guaranteed tamper-proof transaction records, and zero Know Your Customer (KYC) checks are required, which is ideal for privacy-conscious users.
Moreover, the Rollblock casino can become a major force in the GambleFi market, which is projected to reach $744 billion by 2028. Alongside this, a key stand-out feature behind the platform is the unique revenue-share model. Specifically, up to 30% of the profits in the casino are used to buy back RBLK, which can potentially increase its value.
Half of the tokens are then burned, which results in a reduced supply and increased scarcity of the token which can drive the price higher. The other half then gets distributed to long-term holders who stake the RBLK crypto, providing major utility. During Stage 3 of the presale, RBLK is priced at just $0.014, marking a 40% increase from its starting price. Moreover, its presale has raised over $750,000 and at this rate could pass $1,000,000 raised by the end of the month. With this being said analysts expect a 10x increase once listed on a tier-1 exchange making it one of the top altcoins to watch.
Moving Forward With Rollblock
It’s clear that Litecoin and TRON are in a period of stagnation or price decline and as a result many hodlers are looking for new ways through which they can diversify their holdings. One of the cryptocurrencies that’s gained the most momentum as a result of this is Rollblock (RBLK), and at this rate of growth it is poised to become one of the best altcoins to invest in.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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