Uptober is among us, the Central Banks are starting to lower interest rates and the US election is almost done. All this typically means a start for altcoin season but can Avalanche or the Litecoin price ever regain those previous ATHs from 2021?
New crypto Rollblock is the talk of the altcoins, with some analysts predicting it to 100x after it launches. It’s still only in stage 7 of the presale but the RBLK token is already up 250% as investors flock to get the token at cheap presale prices.
Rollblock’s parabolic rise challenges Avalanche and Litecoin
Rollblock is making waves in the crypto world, with its presale price already surging 250%. The market is just beginning to turn bullish, so its parabolic rise has surprised everyone, including the most bullish of analysts.
The presale is now in stage 7, but with a mainnet launch expected in what should be the height of altcoin season, if Rollblock continues on this trajectory, it will place it in competition with more established cryptos like Avalanche and Litecoin.
Rollblock is a GambleFi platform that’s set to disrupt the $500 billion online gambling industry. By combining the best of decentralized finance (DeFi) and online gambling, Rollblock introduces a token that’s needed for all transactions but with the capabilities of earning investors a passive income.
This is earned through the revenue share model, where all token holders are rewarded with a share of the profits paid in RBLK. Therefore, the busier and more successful the platform is, the more income token holders will earn.
Additionally, Rollblock’s deflationary tokenomics adds another layer of value to the token. A portion of the casino’s profits is used to buy back and burn circulating RBLK, with it reducing supply and increasing scarcity over time. This is designed to encourage long-term holding and is clearly making it the most desirable asset for this altcoin season.
Avalanche has a long way to go to a new ATH
Avalanche has been climbing steadily since August, reflecting renewed interest in the project. Despite this upward momentum, the AVAX price is still down significantly from its 2021 ATH.
Avalanche‘s efficient consensus mechanism and ability to handle thousands of transactions per second made it one of the most sought-after cryptos in the last altcoin season. While the price recovery is encouraging, however, AVAX still has a long way to go to reclaim its former highs.
Is Litecoin’s silver shine fading?
Litecoin, often referred to as the “silver to Bitcoin’s gold,” continues to cling to relevance in the crypto space, but its shine is slowly fading. It’s not a popular opinion, but even though it was only one of a few alts to break a new ATH in the last altcoin season, the Litecoin price continues to slide, and it’s now only the 20th biggest crypto by market cap.
Conclusion
It would be foolish to write off Avalanche and especially Litecoin, and it’s not easy for older cryptos to maintain interest. Not so Rollblock – a token that’s raised over $4.5m during its presale. With the Rollblock presale still on, the biggest gains are still to be had once the project launches, and with altcoin season expected to be in full flow, the ROI for Rollblock could be life-changing.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
