With a market cap approaching $4 million thanks to the ongoing crypto pre-sale, online casino platform Rollblock still has plenty of room to profitably grow. With the pre-sale currently underway in Stage 7 and the bull market expected to be in full swing, it’s the perfect time for RBLK to take market share.
It is always the new crypto assets that bring the biggest returns, but what about the older crypto assets Avalanche (AVAX) and Litecoin (LTC)? Will they be able to regain investor interest? The second and third cycles are never easy for cryptocurrencies, but in this article we look at the opportunities for each in the upcoming bull market.
The Avalanche has its own set of uncertainties: Second Cycle Syndrome
High-performance blockchain Avalanche was launched in 2020 with the AVAX token, delivering a healthy 40x return to investors. Like other crypto markets, Avalanche has endured a severe correction, and the current AVAX price of $29.06 means it is still approximately 75% down from its ATH.
However, ongoing development within the Avalanche ecosystem means Avalanche still has solid potential, as long as a catalyst is found. Another worrying aspect of Avalanche is that it is entering the unknown of the second cycle of altcoins. This usually means do or die.
Litecoin market cap has fallen significantly, but it tends to reach a new ATH every cycle
Litecoin is one of the oldest altcoins and does not have to worry about second cycle syndrome like younger altcoins. That being said, Litecoin’s market cap is down nearly 80% since its ATH, but unlike many other altcoins, Litecoin hit new highs in 2021.
This gives reason for optimism as Litecoin continues to build unofficial silver on Bitcoin’s gold brand. While it probably won’t give you the greatest returns, Litecoin should do well and it’s worth holding LTC in a diversified portfolio.
Online casino platform Rollblock shakes up the gambling industry
Rollblock is a great service that is making waves in the GambleFi space with over 7,000 games under the virtual roof of an online casino. The platform combines the security and transparency of blockchain with the excitement of online gambling, making it perfect for both investors and those who enjoy the excitement.
One of Rollblock’s big draws is the blockchain-based transparency it provides. Traditional online casinos often face criticism over fairness and reliability, but Rollblock uses an immutable ledger to eliminate these concerns. This is a first in the world of online casinos, and traditional platforms are very concerned that this open approach will destroy their outer moat.
On the investment side, Rollblock’s revenue sharing model further sets it apart from traditional gambling platforms. RBLK token holders can play any game in the platform, but the big difference is that they are also rewarded with a portion of their daily earnings. There is also a 30% APY staking reward for investors willing to stake and help create liquidity within the Rollblock ecosystem.
Seems like perfect timing for Roll Block. Analysts are predicting post-launch earnings to be over 100x, and the price has risen 200% since pre-sales began, but the $4 million market cap means there is room for exponential growth. 100x is probably conservative at this stage.
Discover exciting Rollblock (RBLK) presale opportunities now!
Website: https://presale.rollblock.io/
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