Avalanche and Litecoin are two large cap crypto’s that could provide 2-25x gains this cycle, though their potential to amass life-changing gains exceeding 100x is unlikely.
On the other hand, new play-to-earn gem Rollblock looks poised to achieve 100x returns in Q4 of this year, with potential parabolic 500x returns in the peak of the bull run. Here’s why analysts are excited.
Avalanche Experiences “Dead Cat Bounce” Amid Market Turbulence
While the market has largely recovered from the devastating crash in early August, cryptocurrencies like Avalanche are still struggling as the industry traverses into an uncertain period. Avalanche is down 25% in 30 days, though Avalanche has experienced an 11% “dead cat bounce” this week.
Analysts are optimistic about Avalanche’s future regardless of Avalanche’s short-term bearish price action, with many expecting an imminent $30 Avalanche. As whale activity increases and the bull run picks up steam, this price point could become feasible for Avalanche in Q4 and beyond.
Litecoin Diminishes In Value Despite Increased Network Activity
Litecoin has struggled as hype degrades from the market, with Litecoin experiencing a 14% capitulation this week. Though Litecoin temporarily soared in July due to whale activity, Litecoin’s stock petered out as new investors sold off or sought new gems in the market.
However, some crypto analysts believe Litecoin could surge unexpectedly, citing increased network activity over the past few months. While this could be a red herring, Litecoin could feasibly amass 5-10x gains in 2024.
Rollblock Keeps Surging In Cryptocurrencies Most Hyped Sector Of 2024
Play-to-earn DeFi gaming gems are the talk of the town in 2024, and Rollblock has amassed significant hype during its presale. Featuring an all-encompassing virtual casino on the Ethereum blockchain that successfully merges centralized and decentralized gaming, crypto analysts expect Rollblock to experience parabolic rallies in the bull run.
The platform harnesses a myriad of ingenious strategies to offer sustained growth over time. For one, Rollblock is a no-KYC casino, meaning new users don’t have to divulge their private information or go through a lengthy process for casino access. This has led to over 9000 sign-ups so far, with more people joining on a daily basis.
Rollblock features a revenue-sharing mechanism that enhances price stability and encourages long-term holding of the native RBLK token. Up to 30% of the platform’s weekly profits are used to repurchase RBLK from the open market. Half of these tokens are burned, reducing the overall supply and increasing scarcity. The other half is distributed as staking rewards. As users are dissuaded from selling, this inhibits price volatility and fosters a familial environment.
The platform’s catalog is massive, featuring over 150 unique gaming titles. As Rollblock has partnered with numerous major players in the blockchain entertainment space, this catalog is frequently increasing, with many exclusive blockchain-based titles expected to be released shortly.
Rollblock also partners with leading developers in the blockchain technology space, allowing the platform to harness special encryption technology that protects all bets and transactions. This will come in handy for the platform’s planned supplementation of sports betting services, which will add an extra layer to Rollblock’s already comprehensive ecosystem.
At $0.021, Rollblock is exceptionally cheap. Investors are implored to act fast, as Rollblock is tipped to soar in value in the next 12 months, with a potential 800% surge during its presale.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino