While Litecoin and Toncoin display poor market performance, crypto investors are moving their focus to a new GambleFi protocol. Rollblock is displaying its potential to rally up to 140% in September.
Their shift in interest is a result of Rollblock’s amazing features and promising returns. This positions it as the best investment option for investors amid the struggles currently faced by more established tokens such as LTC and TON. Keep reading to find out more!
Litecoin Price Struggles To Resurge To Local Peak
Since hitting its local high of $109 in April this year, LTC has been struggling to resurge past that peak and is currently trading at $63.11, a more than 40% drop from the local high and a more than 80% drop from its all-time high of $412.96.
LTC recently declined by 1.01% despite the buzz in the market regarding a whale LTC transfer. Made to Binance exchange, this was noted by popular blockchain sleuth, Whale Alert, through a post on the X platform.
LTC’s current market performance is underwhelming, trading below the 200-day simple moving average, and underperforming both Bitcoin and Ethereum. Analysts predict the LTC price may still drop by 21.86% to $ 51.40 within September.
Toncoin Witnesses Significant Price Decline
TON has witnessed a significant price decline of 19.73% in recent times, resulting from the arrest of Pavel Durov, the Telegram CEO. Its price has dropped below key support levels, stirring fear within investors with the Fear and Greed index at 29.
Other important technical indicators such as the Moving Average Convergence Divergence (MACD), the Relative Strength Index (RSI), and even the Exponential Moving Averages (EMA) signal a strong sell for TON, adding to investors’ fear.
With the decline in TON’s market cap, over 17% drop in its trading volume, and the uncertainties regarding Pavel Durov’s release, investors are shifting their focus to an online betting platform whose token presale has been causing a buzz in the crypto market.
Investors Shift Focus To Rollblock’s Presale
A GambleFi protocol, Rollblock, is attracting investors with the ongoing public presale of its native token, RBLK. The presale has successfully transitioned from stage 1 to the current stage 6, hitting all goals and rewarding early investors with amazing short term returns as they await its official token launch.
Currently priced at $0.024, analysts predict a surge of up to 140% in September for Rollblock, following its impressive presale momentum and increasing investor adoption. Investors are flocking to Rollblock because not only are the tokens very affordable, but they also serve as the key to the door of premium features they get to enjoy on the platform.
Rollblock’s online betting casino grants investors access to over 150 varieties of games that they can play and earn with high and fast payout rates. Moreover, Rollblock ensures user privacy and anonymity, enabling users to perform transactions on the platform with no KYC checks.
With regular smart contract audits by top crypto blockchain security firms, Rollblock eliminates the problems of traditional gambling platforms. With its amazing tokenomics and strong community backing, Rollblock is fast rising to outpace more established tokens in the crypto space.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://blockchainreporter.net/litecoin-and-toncoin-investors-shift-focus-to-gamblefi-protocol-displaying-a-140-appreciation-this-month/