For over a month, Litecoin has been disturbingly choppy, with its price bouncing between the $60 and $70 mark. The fundamentals are looking nice. Litecoin had an excellent surge in on-chain activities, and transactions have doubled Year on Year.
2024 proved to be a turbulent year for a wide range of crypto assets. While some managed to navigate the challenges and emerge stronger, others faced setbacks in the unforgiving market. Among the notable performers, Rollblock continued its ascent, leaving behind the once-stalwart Stellar Lumens and Litecoin, whose price struggles remained surprising.
But the numbers tell no lies! Stellar and Litecoin prices have slipped into the red zone. In contrast, Rollblock has maintained an impressive rally to the top. Investors seeking promising investment opportunities have flocked to Rollblock in its ongoing multi-million dollar presale, which analysts predict will propel it past XLM and LTC as the top crypto for 2024.
Litecoin price dilemma: LTC performance contrasts network's on-chain uptick
For over a month now, Litecoin has been in a disturbingly choppy zone, with its price bouncing between the $60 and $70 marks. The fundamentals, however, paint a different picture. Litecoin saw a great surge in on-chain activities, with transactions doubling Year-on-Year.
Surprisingly, the network pulled a massive 412M LTC transfers in the past week, which sharply contrasts the LTC token's price decline. India's regulatory crackdown on Litecoin might have impacted investor short-term sentiments. This month alone, Litecoin price lost 11% and has settled below $65.
Stellar Lumens at 21% YoY. What next for XLM?
Stellar has been on a continuous downturn recently, struggling to maintain a strong position in the crypto market. This payment-focused blockchain network has failed to garner a significant market share this year. Despite its potential as a top crypto for 2024, Stellar Lumens has fallen short of stellar performances.
This is despite the network recording stablecoin asset growth and ecosystem development, with the recent Soroban smart contract launch. Moreover, its YoY change has worsened to a dismal 21% as its price hovers around $0.1 with a $2.98 billion market cap.
Rollblock beats new ATH as experts tip it to be the top crypto for 2024
Rollblock rolling to its fourth ATH shows even Stellar and Litecoin prices can't keep up. The reasons for Rollblock's rise to the top are not surprising. Promising presales have always presented early adopters with an opportunity to get into high-potential projects early. Rollblock's presale is no different. Its ongoing presale has given over 10,000 early backers a chance to join its cutting-edge GambleFi revolution.
Rollblock is creating the first no-KYC fully decentralized AI casino integrated with DeFi. Its foundation on the Ethereum blockchain eliminates many of the common pain points associated with traditional casinos, such as rigged odds, непрозрачные operations, and lack of security. Additionally, Rollblock boasts a vast collection of hundreds of gaming titles, ranging from sports betting and blackjack to Web3 games and beyond.
Its ecosystem economy also demonstrates a strong focus on community. The deflationary tokenomics and buybacks ensure that the supply remains in high demand. Thirty percent of the weekly revenue generated is allocated for buybacks and burns to increase the token's value, while the other half is distributed to the community as a revenue-sharing passive earning reward, which includes staking programs and cashbacks.
As Stellar and Litecoin prices floundered, Rollblock entered its fifth presale stage after gaining 110% in just a few weeks. The presale valuation has also soared past $2.3M, and tokens are still available at an incredible low price of $0.021. Experts have even tipped it to reach the single digits and go 100x before 2024 ends.
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