Bitcoin is showing surprising strength, after quickly tapping the $54,000 floor and the skyrocketing back above $60,000. Green candles can be seen across the board, as most altcoins are rebounding, signaling an incoming shift in the trend.
Currently there are three major altcoins that show great potential, and all of them are tied to three different industries. Investors who bet early will likely experience major gains by the end of 2024.
These projects are Toncoin, aiming to become a household Layer 1 project, the crypto casino Rollblock set to disrupt online gambling; and Artificial Superintelligence Alliance ( FET) which is ready to lead the AI revolution in the crypto sphere .
Toncoin Ready For A Breakout?
Toncoin has been caught in a range between $8.15 and $6.60. Toncoin showed surprising resilience during the downtrend and even went on to reach new peaks after the March correction, while the vast majority of altcoins bled.
Toncoin’s price has increased by a staggering 260% since February. Although Toncoin faced some turbulence and saw a steep drop during the Bitcoin sell-off in early July, it quickly rebounded back to the $7.20 mark.
Despite the fact that there is no significant price action of Toncoin right now, on-chain analysis shows that whales are accumulating large amounts of the token. This could mean a breakout leading Toncoin to new heights could come sooner than expected.
Artificial Superintelligence Alliance (FET) Set To Dominate Crypto AI
Artificial Superintelligence Alliance became a reality when three prominent crypto AI projects merged together into one platform: SingularityNet, Fetch.ai, and Ocean Protocol. FET has since experienced a spectacular run, riding the wave of AI hype that now permeates almost every facet of the online world.
FET went from $0.20 cents in October 2023 to an all-time high of $3.27 in March, just before the correction, a 1535% price increase. During the downtrend, GET managed to hold a floor around the $2.00 mark. It experienced further turmoil during the Bitcoin sell-off and its price structure broke down, bottoming around $1.16, after which it quickly bounced back to $1.51.
Investors are adamant that FET is set to skyrocket in the second half of 2024, as it’s currently the most important AI driven crypto project in the space.
Rollblock Hits A New All-Time High
Over the past month, the Ethereum-based online casino Rollblock has made waves in the online gambling space. The price performance of its native token was nothing short of stellar and early investors are already enjoying significant gains of over 50%.
Rollblock introduces a DeFi casino that seeks to close the gap between centralized and decentralized gaming by leveraging an innovative framework that can potentially disrupt the online $450 million gambling industry. The project’s use of blockchain technology guarantees unparalleled transparency and safety for users. All transactions are recorded and immutable, removing all possibility of foul play.
The RBLK token plays a pivotal role in the ecosystem. Acting as a store of value that investors can hold and trade, as well as a means for the casino to reward users and reinvest in the platform.
Rollblock boasts a unique revenue-sharing mechanism that will see the casino use up to 30% of the weekly revenue to buy back potential millions of dollars worth of RBLK on the open market. Half of this amount will be immediately burned, creating a deflationary event that increases scarcity and will skyrocket the price of RBLK in the long term. The remaining half will be used as rewards for users staking the token, offering some of the highest APY on the market.
Right now, stage 4 of the presale of the RBLK token is taking place and the price has already soared by more than 50%, currently sitting at $0.017. Analysts are expecting an 800% increase for RBLK in 2024, with Rollblock’s casino already gaining massive traction and generating substantial revenue.
Rollblock ensures complete anonymity for casino users as there are no KYC requirements. Players just need to connect their wallet and pick one of the 100+ games available, with sports betting to be added soon. Keeping this in mind, some experts believe that RBLK could see a massive 100x rally, outperforming other major gaming projects and gambling platforms that are failing to keep up with the dynamic reality of crypto innovation.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
Great content for anyone interested in learning about digital assets
Your articles make it easy to understand the complexities of cryptocurrency
Crypto beginners and experts alike can benefit from this platform
The market analysis shared here is both detailed and accurate