After their meteoric rallies in 2021, the Litecoin price and LINK have been struggling to lift their heads for nearly four years. As of Sept. 30, LINK had delivered a dismal 46% yearly ROI. LTC fared even worse at 1.5%!
That has prompted LTC and LINK investors to seek greener pastures in new altcoin presales like Rollblock (RBLK). This GambleFi crypto protocol has caught the attention of investors with its deflationary tokenomics. Learn why savvy investors are taking out big positions in RBLK.
Will Litecoin’s price (LTC) ever rise?
The last time LTC holders smiled was in 2021 when the Litecoin price surged over 1600% from its 2020 lows to an ATH of $413 in May 2021. Since then, it’s been a bloodbath for Litecoin investors for nearly four years.
Investors hoped for a massive price recovery when LTC revisited the $49 level in August. Sadly, Litecoin price met obstacles in the $70 zone, tumbling down to hover in the $67 by the last day of September.
The charts show that LTC rose 4% in the past month, bringing its yearly returns to 1.5%. The extended bearish run has caused LTC holders to lose their cool, migrating to the new GambleFi crypto RBLK which has already delivered 3x gains in presale.
Chainlink (LINK) is great, but its price action is not
Chainlink plays an important role in the crypto scene. Being the largest oracle network, Chainlink supplies accurate data feeds to blockchain networks, allowing them to seamlessly interact with the external real world system.
Sadly, the bear market pushed LINK into the doldrums. As of press time, LINK traded at $12 after shedding over 77% of its value from ATH. The unending bearish streak has left investors with a low 46% yearly return. The future looks bleak as LINK struggles with bearish momentum below the 50-day weekly EMA.
While LINK could deliver solid yields in the long term, it’s likely going to remain overlooked in the foreseeable future as the digital gold rush shifts to the GambleFi crypto which analysts believe could deliver 100x yields in 2025.
Rollblock (RBLK) draws investors with solid tokenomics
Rollblock (RBLK) is a new gambling dApp on Ethereum disrupting the lucrative gambling empire with a new hybrid infrastructure model casino. The Rollblock crypto casino features over 7,000 games and a wide selection of live sports betting events, drawing the attention of reputable iGaming enthusiasts and Gen-Z betters.
RBLK is the native play-to-earn GambleFi crypto token underpinning the Rollblock iGaming economy and has caught investors’ eyes with its incredible deflationary token structure.
The RBLK token has a one billion hard cap. Every week, a portion of Rollbock’s iGaming revenue is allocated for token repurchases. 40% are paid to token holders as rewards, while 60% are burned out of supply to support the token value and price.
Early investors have pocketed a 200% return as the Rollblock crypto soars past $4 million valuation by stage 7, with analysts predicting an 880% price increase in presale.
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-price-struggles-chainlink-price-stagnates-while-rollblocks-7000-games-and-deflationary-tokenomics-dominate-headlines/