Cryptocurrency Analysts Have Their Sights Set on These 5 Altcoins for 2024: Rollblock (RBLK), Litecoin (LTC), Dogecoin (DOGE), Kaspa (KAS) and Arbitrum (ARB)
The Altcoin market has witnessed tremendous growth in the past few years as the crypto market continues to witness massive adoption. However, with the volatile nature of the crypto market, investors are always eyeing altcoins that will return significant profits in the future. This article will look into the 5 top altcoins that crypto experts forecast will return massive ROI in the coming months. They are Rollblock, Litecoin, Dogecoin, Arbitrum, and Kaspa.
The cheap price point of these altcoins makes it easier to accumulate ahead of the alt season. As the only presale token that made the list, analysts have projected 1000% growth for Rollblock in the coming weeks. Let's find out why these are the best altcoins to buy today.
Rollblock: Revolutionizing the Online Gaming Space with the GambleFiProtocol
Rollblock (RBLK) is one of the top altcoins that is set to take the iGaming and casino market by storm with its GambleFi protocol. The project hopes to close the gap between decentralized and centralized gaming using innovative solutions. Rollblock is coming up with solutions to security and transparency issues around casinos. At Rollblock, all transactions are immutable and permanent, making it hard to alter bets when they are placed.
All transactions in Rollblock are encrypted to protect players' data and assets. The ecosystem is integrating with various blockchain networks and protocols to offer token holders extensive opportunities. While issues of KYC have become a talking point, Rollblock doesn't require KYC. All a user needs is an email to sign up, deposit crypto, and start playing.
The Rollblock native token, RBLK, is the platform's currency. In addition to rewarding users, players can stake their RBLK to earn rewards and bonuses. The platform also supports multi currency staking, allowing users to stake cryptos such as BTC, ETH, etc. The Rollblock play-to-earn program rewards players with tokenized cashback for playing on the platform.
The Hold to Earn program gives holders a percentage of the platform's weekly revenue. As part of efforts to stabilize the price, Rollblock uses part of its revenue to buy back the tokens in circulation. The 50% of the tokens bought back are burned, while the other 50% are used as a staking reward. To be part of this amazing ecosystem, buy the RBLK token sold for just $0.01. Analysts pick RBLK as one of the top altcoins to buy now.
Litecoin Price Projected To Hit $100 in Q2
Litecoin (LTC) is a top peer-to-peer platform that shares similarities with Bitcoin. It was created to provide users with easier and cheaper transactions. In the past few months, Litecoin news has been positive, giving the token price a boost. A few weeks ago, Litecoin trumped Bitcoin to become the most widely used crypto for payment.
With Litecoin leading as the number one in online payment, it is now dubbed the new king of crypto payment. Meanwhile, Litecoin market sentiment has been bullish for weeks. From a price of $68 in late February, Litecoin's price rose to a yearly high of $109 in March. As the most widely adopted crypto for payment, the token ranks among the 20 cryptos in the market with Litecoin's market cap exceeding $6M.
The Litecoin trading volume is also increasing, which could propel the price towards the $110 mark in the month. Experts Litecoin price predictions are in the range of $150 in the short term and $200 before the end of 2024. This makes it one of the altcoins to watch in Q3.
Dogecoin Market Sentiment Is Bullish, Is $1 Within Reach in 2024?
Dogecoin is one of the most reliable open-source altcoin platforms that offers a secure, transparent, and decentralized environment. The Dogecoin ecosystem aims to provide a quick and reliable payment avenue while boasting a user-friendly community where all members can relate to one another.
The Dogecoin transaction fees are affordable, and $DOGE can be used for charitable causes and donations online. Recent Dogecoin news shows that Tesla has unveiled plans to accept DOGE as a means of payment. This adds to the growing number of companies and merchants that have adopted the token for payment such as Microsoft, etc.
In the altcoin market, Dogecoin is making progress with a 110% increase in the year-to-date price metrics. Dogecoin price has also established support above the $0.13 mark while targeting a retest of the $0.73 all-time high record. With the increasing Dogecoin trading volume and market cap, a surge towards the $1 mark is possible in the year, making it one of the altcoins to buy and HODL for long-term gains.
Arbitrum Coin: One of the Top Altcoins To Watch in Q3
Arbitrum is an excellent layer 2 platform developed to improve smart contracts and scalability on the Ethereum blockchain. It is set to resolve some of the problems associated with Ethereum-based smart contracts, including poor efficiency and expensive execution fees.
While the $ARB token serves as a medium for transactions, it can also be used for governance. As an Arbitrum token holder, you can participate in key decisions on the network and vote. Powered by efficient roll-up technology, the low transaction fees are a major attraction for many investors on the platform.
Arbitrum market sentiment is bullish with the token trading above the 50-day and 200-day SMA. As such, the majority of Ariturm price predictions are tipping the price to hit $2 in Q2 and $5 in Q4. The Arbitrum market cap has also seen a slight jump towards the $3B mark. Also, the Arbitrum trading volume is surging to signal investors' confidence in the project. All these will likely push the price up, putting it on the altcoin lists to watch in Q3.
Kaspa: The Top Altcoin for Blockchain Efficiency
Kaspa (KAS) is one of the top altcoins in the market. Kaspa uses the unique BlockDAGarchitecture to resolve all scalability issues. Kaspa’s proof-of-work protocol stands out due to its unique GHOSTDAG protocol which allows for faster transaction processing and greater scalability. Thus, making Kaspa ideal for high throughput applications and micropayment.
In the Kaspa ecosystem, users will find numerous tools and applications that will help monitor and analyze transactions. Some of the top tools on the Kaspa network include KasBoard, KaspaGraph Inspector, and Kaspa Explorer.
Regarding market performance, Kaspa's price has gained over 480% in the past year, with the majority of the gains occurring in Q1 of 2024. The Kaspa market cap has also grown massively in the past six months and is now close to $3B. Zooming in, Kaspa market sentiment is bullish in the long term. As such, a rally above the $0.18 resistance trendline is possible in Q2, making it one of the best altcoins to invest in now.
Final Thoughts
Investing in cheap altcoins is the best investment you can make this year. While it's hard to find the best altcoins with a low price point, this article has made it easier for you. With Rollblock in its nascent stage, now is the best time to accumulate it and stand a chance of making substantial gains in the future.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
