Altcoins
Traders eye top altcoins like Rollblock for potential gains during next market resurgence
Although the crypto market is experiencing a correction, traders are anticipating a potential bullish rally in the altcoin space. Indeed, many leading altcoins are showing signs of resurgence with increasing market activity. Market research shows that accumulating some of these altcoins could prove to be a wise move for traders. Some of the main competitors that appear on our altcoin list are Roller block, Toncoin and Arbitrum. Learn more below.
Rollblock – GamebleFi Platform Poised to Disrupt the Altcoin Market
The altcoin market is about to witness the power of Roller block, a new GambleFi platform set to revolutionize the $450 billion gaming industry with its AI-powered ecosystem. Rollblock has offered solutions to the problems inherent in the casino and online gaming market. Using blockchain technology, Rollblock will ensure that all transactions are permanent and immutable, making it difficult to change bets once placed.
Rollblock is a GambleFi protocol that wants to bridge the gap between centralized and decentralized gaming while giving users the best of both worlds. In terms of scalability, the ecosystem is designed to onboard millions of people without downtime errors. Rollblock Casino is fully functional and licensed, so players can register by email right now.
Meanwhile, the platform does not require KYC. The native Rollblock token, RBLK, is the currency used in the ecosystem. It grants users exclusive access to certain games. Additionally, users can stake the token for rewards. It is also the medium used to share rewards, cashback, etc. The Rollblock token is available at $0.014.
With plans to list on Tier 1 exchanges in the third quarter, analysts are predicting 10x rallies soon. As such, RBLK is one of the best altcoins for long-term gains. The Rollblock project has raised over $750,000 in pre-sales, with analysts predicting $1 million soon. With the integration of AI to improve betting strategies, the adoption rate of Rollblock is expected to increase in the coming months.
Expert Projections Indicate Toncoin Price Reaching $13
Toncoin (TON) is a leading blockchain network offering decentralized storage and fast payment processing. It uses TON to provide more security to the ecosystem via staking. According to Ali Martinez, Toncoin is heading towards a potential breakout, which could see the token’s price reach $11. However, the TD Sequential Indicator shows that the coin could briefly drop to $7.20 before the rise.
Furthermore, another analyst, Crypto Girl, sees Toncoin breaking out of the resistance zone near $7.50. According to her, Toncoin price is now consolidating above this resistance, which shows a continued uptrend towards $10 and $13. Meanwhile, Toncoin trading volume is increasing.
Expert Analysis – Arbitrage Price Expected to Rebound After Recent Drop
Arbitrum (ARB) is a crypto network developed as a scalable solution on the Ethereum blockchain. It is a layer 2 solution designed to improve and optimize transactions. The Arbitrum coin is the utility token of the platform and can serve as governance rights. The token is one of the altcoins expected to head to the moon soon.
According to Jonathan Carter, Arbitrum is showing a falling wedge pattern, meaning a potential bullish reversal is near. The analyst believes that the token is testing the descending support around $0.93. A successful breakout could see the price reach the targets of $1.13, $1.27 and $1.58. Meanwhile, Arbitrum’s trading volume is increasing as traders choose it as one of the altcoins to watch this year. As such, Aribitrum’s main price forecast points to the $2 mark for the third quarter.
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Disclaimer: This is a sponsored post and the opinions contained therein do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any action related to the company, product or project mentioned in this article; nor can this article be considered investment advice. Please note that trading cryptocurrencies involves significant risks, as volatility in the cryptocurrency market can result in significant losses.