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After years of inactivity, the legendary trader Keith Gill, known as Roaring Kitty on X, came to life last week. The resurgence of Roaring Kitty, known for making bank on GME (Gamestop) stocks in 2021, triggered a massive surge in Gamestop shares. The recent rally comes after Gill posted a screenshot showing that he holds a nearly $116M position in the game retailer.
While fueling a rally for GameStop meme stocks, some analysts believe that Gills’s post is about to trigger a massive altcoin market rally as well. With that in mind, a growing number of whales have begun accumulating Litecoin and Rollblock, which some analysts believe could see massive rallies in the coming days.
With Rollblock set for CEX listing in Q3, a 20x rally is possible for the altcoin in the coming weeks, according to a number of chartists.
Rollblock GambleFi Protocol Set To Change Casino Market Dynamics
As one of the best altcoins in the market, Rollblock is coming up with unique features that have attracted whales to the altcoin’s ongoing presale. As a new GambleFi protocol, Rollblock will bridge the gap between CeFi and DeFi games while offering users the best of both worlds. Using blockchain technology, Rollblock will ensure that all transactions are encrypted to protect players’ assets.
At Rollblock, all transactions are permanent and immutable, ensuring that users cannot alter bets when placed. The platform transcends traditional gaming platforms, offering users a unique token with strong utility. As the world’s first backed casino and play-to-earn token, RBLK represents a stake in the community’s success. It is the vehicle used to distribute rewards, cashbacks, etc.
With the token, users can access exclusive games. Also, users can convert the token to fiat currencies or cryptos. Rollblock ecosystem prioritizes anonymity. As such, no KYC is needed. All a user needs is an email to sign up, deposit crypto, and explore over 150 games on the platform. Currently, the Rollblock platform is fully licensed and operational while following legal frameworks to ensure players’ security.
Meanwhile, the Rollblock native token, RBLK, is in the 3rd stage of the presale with early buyers having gotten 40% ROI. The surging momentum has convinced many investors that RBLK could be one of the top altcoins to buy now. One of the unique features is the profit-sharing model, which rewards users with a percentage of the platform’s revenue every week. Overall, many analysts believe RBLK is one of the best altcoins to invest in now and some tip the price to hit $1 in 2024.
Litecoin Price Prediction – Can LTC Price Hit $100 in June?
Litecoin is one of the top altcoins that is poised for a rally in the coming weeks. According to market data from CoinMarketCap, the Litecoin price has gained a modest 4% in the past month, breaking through the key $80 resistance trendline in the process. The Litecoin market cap has also made a small progress in the past weeks, moving above $6B.
The technical analysis suggests that Litecoin is heading to the bear market with the coin trading below the 50-day SMA. Also, the Litecoin Fear and Greed index is showing Fear (27) to signal high selling activity. Even though the Litecoin trading volume is down, the coin could be on course to break through the $84 resistance zone. A successful climb above $85 could see LTC trade above $100 in June, making it one of the top altcoins to watch out for in the coming weeks.
Find out more about the Rollblock (RBLK) presale here:
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This article first appeared at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
