Legacy altcoins such as Litecoin and Bitcoin Cash have proven to be here to stay, as both have experienced rapid price increases. However, many holders are channeling some of these profits into new projects with untapped potential, like DeFi casino Rollblock. See why analysts are naming this innovative iGambling platform as the next 100x gem.
Litecoin finally breaks out
After fluctuating between $60 and $67 for several months, Litecoin has regained the important $70 mark and turned into support. Currently, Litecoin is selling for $74, with the weekly chart showing a 15% increase. After a week of only positive moves, Litecoin is calming down, with 24-hour volume down 30%, with $242 million worth of LTC traded.
After the March correction, Litecoin has fallen significantly, losing more than 40% of its value in a few months. However, the worst seems to be over for Litecoin as analysts believe it could regain its annual high of $109 by the end of 2024. Canary Capital recently applied for an LTC ETF, which, if approved, could fuel growth for the leading Litecoin.
Bitcoin Cash shows signs of revival again
Bitcoin Cash is trading above an uptrend line that has made a series of new lows. After bottoming at $294 in early September, Bitcoin Cash quickly bought off every dip and began to climb back up to higher levels. Currently, Bitcoin Cash price is $364, up 12.1% weekly.
For most of 2024, Bitcoin Cash was not in the spotlight as trending projects and meme coins were the focus. But as the meme stalls and Bitcoin’s dominance wanes, analysts believe money will start flowing into altcoins that have shown resilience during the market’s worst times, one of which is Bitcoin. It is said to be cash.
Rollblock spearheads the iGambling revolution
Ethereum-based DeFi casino Rollblock is tapping into the huge potential of the $450 billion gambling industry. By leveraging blockchain technology, Rollblock makes it easy to track transactions that cannot be manipulated once they are executed. It effectively solves one of the main problems that keep users away from online gambling.
This casino is fully licensed and already generates revenue from over 17,500 players. Users can seamlessly access a catalog of 7,000 games. The platform has something for everyone, from blackjack to new AI-powered titles.
Additionally, staking RBLK allows holders to earn some of the highest APYs on the market through a generous revenue sharing model. Each week, the casino reinvests a portion of its profits to perform open market buybacks of RBLK.
40% of these tokens will be redistributed as generous staking rewards, and the rest will be fed into the burn mechanism to reduce the total supply and stimulate RBLK towards sustainable price growth.
Stage 7 of the presale is 50% complete and RBLK is selling for just $0.0315. If interest in GambleFi grows and Rollblock appears on major exchanges, the legendary 100x multiplier could become a reality. Early investors will see significant gains in the coming months. Don’t miss it!
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Website: https://presale.rollblock.io/
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