Buying altcoins is seen as a great investment opportunity by many traders. Solana (SOL), Avalanche (AVAX), and Binance Coin (BNB) are top altcoins worth buying. However, a new altcoin is leading the way. Rollblock (RBLK) has 50x more potential than other altcoins; that’s why experts believe it’s among the best altcoins to invest in 2024. Let me explain.
Rollblock (RBLK) Is Poised for a 50x Rally Soon
Rollblock (RBLK) is an upcoming GambleFi protocol that will offer members top gaming entertainment. With the gaming industry suffering from issues such as transparency and trust, Rollblock is coming up with a solution. Rollblock uses blockchain technology to ensure that all transactions are immutable and permanent, making it difficult to alter bets when placed.
Accessibility is easy because all users need is their email, as no KYC is required. To get started, all a user needs to do is register, deposit a crypto and play games. The native token, RBLK, is the currency that players use in the ecosystem. Users can convert it to other cryptos or fiat. It serves as the primary mechanism for distributing rewards, cash backs and promotional offers.
Rollblock Casino is fully licensed and operational while complying with legal frameworks to ensure players’ security and reach a wider audience globally. The $RBLK is sold for $0.01, and the cheap price point makes it one of the top altcoins to watch in 2024. As the first community-backed crypto casino, users receive up to 30% of the weekly revenue obtained from the platform just by holding the token.
Meanwhile, the revenue generated from the ecosystem is used to purchase $RBLK from the open market. While 50% of $RBLK tokens bought are burned, the other 50% is used for staking rewards, which will give $RBLK token holders a remarkable APY in the crypto space. Experts say Rollblock has 1000x potential, which makes it one of the best altcoins to invest in 2024.
Solana (SOL) Sees Massive Interest From Investors
Solana (SOL) is among the top 10 altcoins that investors have shown keen interest in recent weeks. Ranked 7th in the altcoin market based on trading volume, Solana is highly sought-after in the market. Its combination of PoH and PoS offers faster transaction processing and cheaper transaction fees, making it a go-to platform for traders.
Moreover, the Solana price gained 566% in its year-to-date chart based on CoinMarketCap data. With Solana’s market cap tipped to reach $80B in the coming weeks, the popular altcoin has established itself as a top player in the market. Most of the Solana price predictions tip the price to reach $300 in Q3, making it one of the top altcoins to watch in the coming months.
Avalanche Trading Volume Soars, Price To Hit $100
Avalanche (AVAX) is one of the altcoins that have captured investors’ interest. Ranked among the top 30 cryptos in the market, Avalanche has witnessed increased trading activity in the past months. This could be seen with the Avalanche market cap hitting $13B with close to $300M daily trading activity.
Avalanche market sentiment is bullish in the long term and that could trigger a rally soon. Having already tested the $60 mark in March, analysts believe a retest is possible in May. As the market heads into the bull run, some of the Avalanche price predictions are projecting a price value above $100 in Q4.
Binance Coin (BNB) Price to Rise in the Coming Months
Binance Coin (BNB) is the native token of the Binance exchange. Although the exchange has battled regulatory issues in the past few weeks, analysts still believe the Binance Coin is one of the top altcoins. The Binance Coin market sentiment is bullish, with major key market indicators showing buy signals.
The Binance trading volume and market cap are surging to signal massive trading activity. Market data shows that BNB is trading above the 50-EMA and 200-EMA. As a result, analysts see a rally to the $800 mark in Q2 based on their Binance price predictions for 2024.
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