Altcoin Season Looms: Litecoin (LTC) and ONDO Favoured But Rollblock Tops Investors Wish Lists
Altcoin Market Rebounds: Litecoin, Ondo, and Rollblock Surge
After Bitcoin’s drop to $54,000 left many investors holding their breath less than two weeks ago, the crypto market experienced some significant relief, as altcoins have seen price increases across the board. Two projects in particular have seen strong rebounds: Litecoin and Ondo.
This bullish impulse could very well mean that altcoin season is behind the corner, although volatility is still high and a decisive trend hasn’t been established yet.
Another altcoin that has caught investors’ attention is RBLK, the native token of the crypto casino Rollblock, which has been making waves in the online gambling world. According to experts Rollblock has all the marks of a 100x gem and it could reach such incredible heights sooner than expected, as the bull cycle starts ramping up.
Litecoin Rises By 10%
Litecoin’s downtrend appears to finally be over. The March correction saw Litecoin’s price plummet from $110 to $58 in the span of a few short months. But by the looks of it, the $58 level marked the bottom for Litecoin, as demand increased exponentially and skyrocketed the price above $73, creating a rebound in the process.
Analysts think that Litecoin is now in bullish territory and by the end of 2024 it could break above the March peak. However, with more lucrative options available Litecoin could lose traction.
Ondo Soars As Interest In DeFi Returns
Ondo is a promising DeFi platform that has shown impressive strength during the recent downtrend. Although it took a serious hit during the March correction, Ondo is starting to recover.
In the past month Ondo was caught in a range that saw its price hovering around the $1.16 mark. The Bitcoin drop took Ondo to a new floor of $0.89, falling below the $1 level. Ondo buyers stepped in quickly and reclaimed $1.12, taking it once again closer to this year’s previous peak.
Ondo’s Defi platform offers a vast array of services related to tokenization or real-world assets. This topic is gaining popularity in the crypto sphere, and according to analysts, projects connected to this narrative could see impressive gains. This means that Ondo could see a new peak by the end of 2024.
Rollblock, The Future King Of Altseason?
RBLK, Rollblock’s utility token is the world's first Casino backed Play-to-Earn token that seeks to bridge the gap between centralized and decentralized gaming. Rollblock’s commitment to innovation and transparency sets the platform apart from the competition, and according to analysts it has the potential to disrupt the $450 billion online gambling industry.
With security being at the forefront of the casino’s priorities, Rollblock leverages blockchain technology to make all transactions easily traceable, removing the possibility to alter bets once they are placed. This level of transparency has seen Rollblock gain the attention of investors who are looking for a safe and secure investment.
Unlike other casinos, Rollblock does not require users to complete a KYC to access the casino. To play one of the 150 AI-powered games, users simply connect their wallet or sign up with an email. This proved to be a winning strategy, resulting in a substantial increase in users.
The token plays a significant role in the ecosystem. RBLK serves as a reward for players' activity and allows holders to stake it and receive one of the highest APYs in the crypto market. Rollblock has also implemented a one-of-a-kind revenue-share model that will see the platform invest up to 30% of its weekly revenue to purchase RBLK tokens on the open market.
As the platform gains traction, this could result in millions of dollars worth of RBLK bought every week. Half of this amount will be burned, reducing the total supply of RBLK and sustaining its price growth. The other half will be distributed to holders who stake the token.
Currently in stage 3 of the presale, RBLK is trading at just $0.0158. Recently, the presale crossed the $1 million mark in raised funds, which shows the wide public interest that Rollblock has raised.
Due to its momentum, some analysts have projected that RBLK could see over 800% rise in value before the end of the presale, making now the best time to buy the RBLK and secure a strong position in the upcoming altcoin run!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
