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Polkadot Price Forecast: Can DOT Stay Above $7? Potential Rivals Stacks (STX) and Rollblock (RBLK)

4 June 2024
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Polkadot Price Forecast: Can DOT Stay Above ? Potential Rivals Stacks (STX) and Rollblock (RBLK)
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The altcoin market is mostly unpredictable as even cryptocurrencies with high price value can get knocked over by smaller ones, given the right circumstances. This year, Polkadot (DOT) may be on the former side as the token, whose market cap is above $10B is showing signs of lagging momentum, struggling to stay above the crucial $7 mark. Should Polkadot token lag any further, we might see the likes of Stacks (STX) token and Rollblock (RBLK), the latest GamebleFi protocol outshining it. Meanwhile, Rollblock particularly has a unique advantage up its sleeve, which can further disrupt the GameFi market. Let’s explore!

Polkadot Price Struggles To Stay Comfortably Above $7 As Volatile Sets In

Polkadot (DOT) token is currently the 14th largest altcoin by market cap however, the token might drop to lower levels considering its lagging momentum lately. In the past month, the native DOT token has struggled to restore its price strongly above $7 but has been faced with severe volatility allowing it to stay mostly behind its support of $7.20.

While Polkadot has managed to consolidate above $7 now, investors are still wary of banking on its appreciation considering its weak market strength. Should Polkadot’s momentum keep reducing, other top altcoins like Stacks and Rollblock could surpass it.

Rollblock’s (RBLK) Signals Over $1M Presale Revenue In The First Week of June

Rollblock (RBLK) has carved out a new niche in the crypto space as a GambleFi protocol. By introducing a unique online casino gameplay backed by blockchain technology, Rollblock has set out to combat issues that traditional online gaming previously faced. As a pioneering project, Rollblock particularly distinguishes itself by prioritizing accessibility, security, and transparency in order to offer a one-of-a-kind online gaming experience.

Similarly, Rollblock has a foolproof plan that allows its potential users access to its live Casino Arena without any KYC checks or extra downloads, thereby ensuring a seamless onboarding process. In addition, this platform particularly delivers over 150 casino games with sport betting in the pipeline, where over 20 top crypto coins are supported for use within its ecosystem.

Asides this, Rollblock is also aiming to reward its users with passive income using a “revenue share model”. With this in place, Rollblock dedicates up to 30% of its weekly revenue to buy back $RBLK tokens from the open market. 50% of the bought tokens are burned to reduce total supply thereby increasing demand. The remaining half are then set aside for staking rewards. This buyback and burn feature is a strong factor positioning the token among the best altcoins to buy.

Furthermore, with the online gaming market projected to surpass $744 billion by 2028, Rollblock stands out as a noteworthy investment choice for many crypto enthusiasts. While in its third presale stage, Rollblock’s price has already surged by 40%, rising from its initial price of $0.01 to a current price of $0.014. Given its potential, market analysts anticipate a 2000% price surge by the end of the presale and over 3500% once listed on top-tier exchanges.

Stacks Token Shows Bullish Tendencies As It Signals As Best Crypto to Buy

Although Stacks (STX) token has been dunking since it hit its yearly ATH in April, the token is still far off from maintaining a bearish position for the year. Indeed, Stack’s token has been bearish throughout the past month and week, dipping by 11% and nearly 4% respectively.

However, the possibility for a rebound is not impossible as the token is slightly pricing higher in the past few days. Furthermore, Grayscale Investments recently launched the Grayscale Stacks Trust which is focused specifically on investing in $STX tokens. Surely, this development can also act as a catalyst for the native STX token to rank among the best altcoins to buy.

What Are The Chances of Rollblock Seeing An 100X This Year?

Rollblock (RBLK) has many growth indicators as a GameFi token, including its vast gameplay experience and its easy accessibility. Considering the next crypto surge that will likely happen this year, Rollblock has a high expectation of completing an 100x growth.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

Credit: Source link

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