In 2024, Polygon (MATIC) and Solana (SOL) have been at the forefront of many investor portfolios, but recent trends show that could change with new altcoin players entering the market. Analysts predict significant gains for a new player disrupting the online gambling industry, Rollblock (RBLK). With potential returns of over 800%
, many investors are now choosing RBLK over traditional crypto investments. Let’s find out why.
Polygon (MATIC): 21.9% Decline This Past Month
Polygon (MATIC) has been a prominent altcoin project known for its scalability solutions. However, recent market downturns have posed challenges. As of now, Polygon is trading at around $0.58, having declined about 21.90% over the past month.
Analysts have a bearish outlook on Polygon in the short term, predicting a potential drop to $0.30 if the current trends continue. That said, there’s still optimism for long term recovery, with projections suggesting a high of $4.36 by 2025, which would be a 662.37% increase from its current spot.
Polygon’s volatility is an example of how unpredictable the crypto markets are. With 13 green days out of the last 30, the token has shown resilience, but the bearish sentiment is still clearly present. Polygon’s ability to rebound depends on how the broader market recovers and hopefully restores investor confidence.
Solana (SOL): Losing $22B In Value In A Few Weeks
Solana (SOL) has also faced some significant challenges recently. After erasing over $22 billion from its valuation in the past few weeks, Solana has been hovering near its crucial support levels. Despite this, Solana has shown some positive movement, adding about 9.39% to its value in the last few days.
Analysts are divided on Solana’s future prospects. The token’s price has formed an inverted cup and handle pattern, typically signaling that investors are bearish. But technical indicators like the Simple Moving Average and the Moving Average Convergence Divergence suggest possible bullish movement if the market conditions improve. If Solana can maintain its support levels and overcome bearish pressures, it could retest resistance levels at $155, potentially climbing further to $181.50 in a bullish market.
Rollblock (RBLK): The GambleFi Disruptor
Rollblock (RBLK) has emerged as a promising opportunity in the crypto world, specifically the altcoin market. Rollblock combines blockchain technology with a fully functional casino, aiming to disrupt the $450 billion gambling industry, which is expected to grow to $750 billion by 2028.
Unlike most other online casinos, Rollblock does not require intrusive KYC checks to get started playing. Users can sign up with their email address or connect their decentralized crypto wallet, making it easy and quick to start playing. Due to this simple signup process, thousands of players have already joined the platform.
The platform currently has over 150 games from top online gaming providers. These include casino classics like blackjack, poker, roulette and slot machines, which are playable right now. Soon, Rollblock will also introduce sports betting, allowing users to bet on major sports events like soccer, NBA, NFL, golf, tennis, boxing, and Formula 1. This should attract an even wider user base and increase the platform’s revenue.
A key feature that sets Rollblock apart is the revenue share model. Up to 30% of the platform’s weekly revenue is shared with RBLK token holders. The project buys back RBLK tokens from the open market and burns them, reducing the total supply and increasing the token’s value. Half of these tokens are given as staking rewards, offering some of the highest returns in the crypto market. This not only encourages people to hold onto their tokens but also helps build a loyal and engaged community for the project.
Rollblock’s use of blockchain technology ensures that all transactions and bets are secure and transparent. Every bet is recorded on the blockchain, making it impossible to alter or cheat. This transparency is a breath of fresh air amid the issues often associated with traditional online gambling, so players can have peace of mind. Also, Rollblock operates as a fully licensed entity, meeting all legal standards to protect its players.
Currently, Rollblock is in stage 3 of its presale and RBLK tokens are priced at just $0.0145. Over 90 million tokens have already been sold in less than a month, showing strong interest in the project. Analysts predict that RBLK could see an 800% increase in value by the end of the presale and potentially offer 100x returns by 2025. This potential for massive growth makes Rollblock a very attractive option to investors looking for the next altcoin rocket, which we are already seeing — the interest is growing every day.
As the crypto market continues to evolve over the course of this run, Polygon and Solana holders are exploring new opportunities. Rollblock’s new approach to online gambling and blockchain capabilities make it a potential 100x play.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This news is republished from another source.
