Litecoin (LTC) Stages a Comeback After a Drop in Market Cap

Litecoin was once ranked among the top 10 cryptocurrencies by market capitalization but has since been overtaken.

Despite a move by the Litecoin Foundation to build on Litecoin at the Bitcoin Olympics 2024, LTC’s market cap of nearly $5 billion has dropped by 5%. Chainlink’s price is also on the decline with a 17% drop over the last 24 hours as bearish momentum points to a further drop.

On the other hand, the online gambling space is on the rise. At the moment, Rollblock’s RBLK is the talk of the town, with a remarkable 100% rally since the start of its presale. Analysts predict that the online gambling market will be worth over $100 billion by 2030, and platforms such as Rollblock are revolutionizing the sector through provably fair games. At a presale price of $0.02, RBLK is tipped to rally by over 880% by the end of its presale.

Litecoin (LTC) stages a comeback after a drop in market cap

Once ranked among the top 10 cryptocurrencies by market capitalization, Litecoin has since been overtaken by a slew of new cryptocurrencies. Even then, LTC still ranks within the top 20 cryptocurrencies by market cap. At a price of $53.79, LTC is down 90% from its all-time high of $410 three years ago.

However, Litecoin’s peer-to-peer payment platform is still active with a registered increase in trading volume by over 224% over the last 24 hours. Competition is also stiff for LTC, given the plethora of emerging cryptocurrencies performing the same function.

Chainlink’s price drops over 26% as bearish pressure increases

Bitcoin’s price decline below $52K has sent most altcoins spiraling downwards, including Chainlink. Over the last 24 hours, Chainlink’s price has dropped over 26%, adding to LINK’s 15.9% decline in the last 30 days.

Granted, Chainlink has moved to develop its decentralized oracle network through collaborations such as the recent partnership Chainlink made with Fidelity International and Sygnum. Early this year, Chainlink’s price rallied on the news of the partnerships and Chainlink’s price is up over 8,000% from its all-time low. Yet, the open-source protocol struggles to surpass its all-time high of $54.70 per LINK three years ago.

Rollblock’s presale gatherers momentum as investors raise nearly $2 million

Rollblock is the latest sensation in the online gambling market, and its RBLK token is set to lead the gambling industry, tipped to be worth over $113 billion by 2029. At its core, Rollblock’s GambleFi protocol offers a revolutionary, provably fair crypto casino that gives all players a level playing field and peace of mind.

The online gambling market struggles to achieve transparency with customers. Countering this, Rollblock has implemented a robust crypto casino where all financial transactions and interactions are recorded on the blockchain for transparency and accountability.

Players also get easy access to Rollblock’s casino thanks to the platform’s zero KYC requirements. This ensures each player is guaranteed a chance to win rewards and generate passive income by simply holding RBLK.

So far, early bird investors have raised $2 million in support for Rollblock’s crypto casino, and with only 60% of 1 billion RBLK tokens up for grabs, now is the best time to jump into RBLK’s ongoing presale.

Discover the exciting opportunities for the Rollblock (RBLK) presale today!

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

Socials: https://linktr.ee/rollblockcasino

The above is the detailed content of Litecoin (LTC) Stages a Comeback After a Drop in Market Cap. For more information, please follow other related articles on the PHP Chinese website!