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Following the recent crypto market downturn, Dogecoin, Polygon and Maker are among the altcoins that saw millions liquidated. Data revealed that the bullish bets on Dogecoin saw $60M in long trade liquidated in 24 hours. Meanwhile, the viral presale token Rollblock has continued to make waves across the market. At just stage 3 of the presale, early buyers have gained a 40% ROI which can increase to as high as 500% before the end of the presale. As such, crypto experts see it as one of the top altcoins to invest in 2024.
Rollblock (RBLK) is the world's first iGaming backed Play-to-Earn token that seeks to close the gap between centralized and decentralized gaming. Offering users access to traditional table games, Rollblock’s transparency and trustworthiness are core values. Ensuring all transactions are secured using blockchain technology, whilst all transactions are traceable on the blockchain this makes it impossible to alter bets when placed and provides an additional layer of security. This level of transparency has seen Rollblock gain huge attention from investors across the marketplace who are looking for a safe and secure investment with huge upward potential.
Unlike other iGaming providers Rollblock does not require users to complete a KYC when accessing their platform. To get started users simply connect their wallet or sign up with an email, these simple barriers of entry have seen a substantial increase in users which has in-turn led to an increase in investors purchasing their native $RBLK token. The native token, $RBLK, plays a significant role in the ecosystem, $RBLK serves as a reward for players' activity whilst allowing holders to stake in the future for additional rewards. Alongside this Rollblock has implemented a revenue share feature which sees up to 30% of the casinos daily profit being used to; share profit amongst holders, purchase $RBLK back from the open market and burning it to further increase the $RBLK token value.
Currently in stage 3 of the presale, $RBLK is trading at just $0.014. With over 90 million tokens being sold in less than a month this shows the project's wide interest. With the price point being the lowest it will ever be, now is the best time to purchase $RBLK. As stated in the tokenomics, there is a fixed supply of 1 billion $RBLK with only 60% allocated to the presale. Due to this 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 new upcoming altcoin.
As the native token of the platform built to accommodate the future of the online gaming and casino industry, $RBLK has been tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share and opportunities for token holders give $RBLK greater room for growth. Analysts predict that $RBLK has all the necessary features to become a 100x token over the coming weeks, making now the best time to start to stack the Rollblock token!
Dogecoin is one of the top altcoins that came to the limelight in the 2021 bull cycle, triggered by the series of tweets by billionaire CEO Elon Musk. Since then, the Dogecoin price has been struggling to bull with the latest retracement seeing over $60M in long trade liquidated.
Even at that, co-founder of BitMex, Arthur Hayes, has announced he will add DOGE to his portfolio. This shows high investors' confidence in the altcoin. Meanwhile, Dogecoin has set support above $0.12 after the latest downturn. With the increasing Dogecoin market cap, analysts are projecting a retest of the $0.16 mark in the coming days.
Polygon is a layer 2 blockchain for Ethereum scaling and infrastructure development. In the past few months, the Polygon blockchain has witnessed massive development, with the launching of an alpha version testnet of its zero-knowledge rollup (ZK-rollup) solution called Miden earlier last month.
However, even with the series of ecosystem upgrades, the top altcoin has battled the bears. CoinMarketCap data shows that Polygon's price has dropped by 6% in the past week. As such, millions of long trades were liquidated in the past few days. Although the Polygon trading volume is down, crypto analyst World of Charts believes now is the best time to buy the dip and project a rally towards 4 - $5 in the midterm.
Maker is the native token of the MakerDAO, a decentralized organization and software platform that allows users to issue and manage the DAI stablecoin. As one of the altcoins with the lowest circulating supply, Maker's price has surged over the months, hitting over $3950 in May.
However, the emergence of the bears in the past week has pushed the Maker price down, with millions of long trade liquidated.
Meanwhile, the Maker token is witnessing a resurgence, with 7% gains in the past weeks. While the Maker trading volume is down, analysts argue that if the altcoin can continue to hold support above the $2,229, with continued buyer efforts, Maker can retest the $3000 mark in the coming weeks. As such, MKR is one of the altcoins to watch in July.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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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.
