In 2024, the interests of cryptocurrency investors emerged as a significant topic in the US presidential election. The pro-crypto candidate, Donald Trump, secured both the popular vote and the electoral college, leading to a robust resurgence in the market. This positive market sentiment had a notable impact on various cryptocurrencies, particularly Toncoin, FET, and Rollblock, which saw substantial gains.
While TON and FET experienced notable green candles, the exciting news sent Rollblock smashing through another milestone. Let's discuss the details of their performances.
The Rollblock presale has spent 2024 outperforming expectations, and its rise was further accelerated by the results of the recently concluded US presidential election. Rollblock has raised over $5 million from its presale, and the speed at which it reached this milestone shows the confidence the crypto world has and the excitement for a strong performance at launch.
This confidence in Rollblock is backed by its superiority to similar offerings in the market. Rollblock is building a GambleFi platform to attract the online gambling market into the crypto space. With the online gambling market projected to reach $744.8 billion by 2028, Rollblock has become one of the most sought-after cryptocurrencies in the market.
Rollblock's casino will offer enhanced privacy, the best user experience on the market, high-level security for bets and transactions, and instant payouts. Additionally, Rollblock offers high staking rewards, and the RBLK token works with a deflationary model to ensure the longevity of the ecosystem.
Toncoin has been struggling since its notable performance earlier in the year. Since it fell below $6 in late August, that level turned into a formidable resistance level and has kept it down. Toncoin recently fell toward a critical support level around $4.5, but the shift in market sentiment caused by Trump's victory sent TON soaring.
According to some analysts, TON is on its way to a massive resurgence, and the $0.5162 resistance is a crucial level for this breakout to hold. If TON can decisively break above it, experts believe a continued surge will follow. Although TON recorded a modest 3.4% increase over the past month, the community is excited about this upcoming surge, as the overall sentiment is 77% bullish.
Unlike TON, FET has already made it into a profitable zone, as it is already up by almost 11% from last week. With Elon Musk set to play a prominent role in the Trump administration, the public interest in AI-powered tools and systems is rising, and FET, one of the biggest AI cryptocurrencies in the market, is benefiting from this shift in market sentiment.
Although it currently sits 60.5% below its all-time high, a recent surge in its value over the past few days suggests FET may be aiming to reclaim that level. If this momentum continues, FET could reach a new all-time high by the end of the year.
The recent US presidential election could usher in a new era for cryptocurrencies, as evidenced by the impressive performances of Rollblock, FET, and TON. The crypto community is excited to see more action once Trump is inaugurated in January 2025, with Rollblock positioned to lead the altcoin rally.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.