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The Dollar Finish Line Is In Sight. Who Wins: $TRON, $DOGE Or New Altcoin Contender

CryptoNewsCryptoNews2024/09/21 16:09
By:Jose AquinoIlija Rankovic
Last updated:
September 20, 2024 12:36 EDT
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. While it has undergone editorial review to ensure quality and relevance, it may not reflect the views of Cryptonews.com and is clearly distinguished from our independent editorial content.

TRON Network and Dogecoin have been fighting fiercely to maintain their positions in the top 10 crypto market cap rankings. On the other hand, lesser-known cryptocurrencies have been garnering more and more investor attention with their strong price rallies and successful presales.

One such example is Rollblock, a project that raised over $3.6 million (and counting) during its presale and managed to attract over 15,000 daily active users. Here’s why experts believe it could become a top altcoin in 2024.

TRON Network ($TRX) on the Verge of Breakout

In the past 30 days, $TRON processed nearly 60 million in USDT transfers, which shows increased activity and interest on the network. Although $TRON is still trying to catch up to its Q2 bullish momentum when daily transactions surged by 29%, its recent resilience shows that the token is headed in the right direction.

For now, $TRON is trading at $0.1497 after a minor intra-day dip of 0.78%. Despite this decline, its market cap of $12.97 billion still makes it the 10th largest cryptocurrency. Since $TRON is currently trading above its key simple moving averages, its price could experience more upswings in the next few weeks.

Dogecoin ($DOGE) Could Turn Bullish Again

Last week, Dogecoin recorded over 1.93 million transactions as the meme-based token began a bullish rebound. Although this transaction count is still far from Dogecoin’s February highs, it is still a bullish signal for savvy traders. Dogecoin’s active addresses have also surged by 26% in the last 24 hours, suggesting a sudden spike in activity on its network.

$DOGE is currently trading at $0.1006 after a small intra-day decline of 1.02%. Despite the sudden dip, Dogecoin is still the 8th largest cryptocurrency by market cap. If bullish momentum picks up again, Dogecoin could test the nearest $0.11 resistance soon. However, reaching the $1 milestone still seems like a difficult feat for Dogecoin.

Rollblock ($RBLK) Soars Through Presale Milestones; $3.6 Million Raised

While Rollblock ($RBLK) is a relatively new project on the market, it has already demonstrated promising potential during its ongoing presale. Within just a few months of its presale launch, Rollblock’s crypto-native casino has managed to attract over 15,000 daily active users, with its presale raising over $3.6 million.

The new GambleFi token seemingly has a bright future ahead, with an article from CoinMarketCap stating that Rollblock will be the first GambleFi token to break into the top 10 cryptos by market cap before 2028. The article justifies this optimistic outlook with Rollblock’s approach to casinos, where they combined decentralized and centralized gambling into one Ethereum-backed casino platform, as well as with the expansion of the gambling market, which is expected to expand to $750 billion by 2028.

Through Ethereum’s backing, Rollblock’s casino offers top-notch security measures such as no KYC verifications, encrypted bets, and transparent analytics.

Since Rollblock uses its native $RBLK token for all in-game payouts and rewards, the token naturally comes with a strong use case from the get-go. However, $RBLK investors stand to profit from the token’s potential upswings even if they don’t engage in Rollblock’s massive game collection with more than 7,000 AI-powered titles, as they can still net a profit through Rollblock’s revenue-sharing mechanism.

Every week, Rollblock repurchases $RBLK on the open market and redistributes them as staking rewards to current investors. These long-term holders don’t just receive a passive income but also enjoy one of the highest APYs in the market.

Due to the aforementioned features, it is no surprise that Rollblock’s presale (currently in the 6th stage) is already nearing the end in record time.

Keep up to date on the latest Rollblock news and discover the $RBLK presale via:

  • Rollblock Website
  • Rollblock Socials
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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