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Investors Abandon Litecoin, Matic for New Crypto After 75% Surge
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Investors are eyeing play-to-earn DeFi gaming, such as Rollblock, which is expected to grow 50x in 2024.
The vast majority of investors enter the cryptocurrency market to make huge, exponential gains that are impossible to achieve with investment instruments such as stocks or real estate.
As new money enters the market, many investors will be buying old cryptocurrencies that are set to go for a measly 2-10x. At the same time, smart money is gravitating toward cryptocurrencies in the play-to-earn DeFi space, such as Rollblock which is only set to go 50x in 2024.
Litecoin Continues to Disappoint Investors in 2024
Litecoin is down 17% this year as most cryptocurrencies surge in value after Bitcoin’s halving, reflecting Litecoin’s bearish sentiment.
This trend continued for Litecoin only in July, as Litecoin barely moved at all despite the market recovery.
It remains to be seen whether Litecoin can regain the momentum it once had. Most cryptocurrency experts would advise avoiding Litecoin, although its deteriorating price may have opened a buying opportunity for cautious investors.
Polygon Suffers Volatility Ahead of August
Polygon (MATIC) struggled in July. It is unclear when Polygon will recover, as Polygon is down 11% in the last month.
Polygon skyrocketed in 2021, but it seems increasingly likely that Polygon will never generate the same level of buzz again. Some cryptocurrency analysts expect Polygon to double by the end of the year. This would make Polygon an ideal investment opportunity especially for risk-averse investors.
Rollblock could be the next 1000x gem of 2024
Rollblock is a unique GambleFi casino that aims to disrupt the $450 billion casino market. One of Rollblock’s distinguishing features is its accessible interface. The platform eliminates the need for downloads or installations. New players can easily manage their accounts and make hassle-free transactions on any of the 150+ games.
This is due to the lack of KYC requirements on the platform, which eliminates the need for annoying login requirements, which only serve to discourage newcomers.
Rollblock also has a revenue sharing model. The platform allocates up to 30% of its weekly profits to buy back RBLK from the open market. Half of the bought back tokens are burned to create scarcity. The remaining half is distributed as staking rewards. This discourages users from selling their acquired RBLK token, making RBLK highly deflationary and scarce over time.
Rollblock is currently selling for just $0.0175 during the fourth phase of its presale. According to experts, there has never been a better time to buy RBLK tokens. With the price increasing almost every week, RBLK will not be that cheap in the near future. After already seeing a 72% increase during its presale, Rollblock is on track to reach a whopping 800% increase during its presale alone. After the listing, these returns could increase by another 100 times.
For more information visit Rollblock Pre-Sale Website or join the online community.
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