The Cosmos (ATOM) ecosystem is on the rise with Penumbra announcing that it will join Interchain, which will provide shielded cross-chain transactions on any IBC compatible chain.
Additionally, Monero (XMR) has risen 10% in the past week and may soon break through the $200 price barrier. However, analysts predict that Rollblock (RBLK) may be bigger than both ATOM and XMR. To see why, we will look at the three projects individually.
Cosmos Price Breaks $7 – Can It Surpass $10 Next?
Cosmos (ATOM) is on the rise with the recent launch of its Interchain edition, Penumbra. This announcement is likely to significantly increase the usage of the Cosmos cryptocurrency as Interchain users will be able to trade, stake, swap and even market make with enhanced privacy.
Cosmos cryptocurrency has broken through $7 and is now trying to rise to the $8 resistance point, which is likely if it attracts bullish attention again. Cosmos price predictions suggest that it could end Q4 2024 at $12.21, positioning it as the top cryptocurrency to buy.
Rising Cryptocurrency Monero – How Far Can It Get in 2024?
Monero (XMR) is also showing green data on the chart, having risen by 11% in a week. According to the Monero crypto index, it has risen from $167 to $180 in the past week.
Positive data points on the RSI and MACD also indicate the potential for further growth, and Monero price is expected to rise further, especially as bullish attention returns. Monero price predictions suggest it could reach $203.17 by Q4 2024, making it the best cryptocurrency to invest in right now.
Rollblock (RBLK): Disruptive blockchain innovation in GambleFi market set to reach $744B by 2028
Rollblock (RBLK) is in an advantageous position as it is already part of fully licensed online casinos, leveraging the power of blockchain technology to establish much greater transparency in the GambleFi sector, which is predicted to reach $744 billion by 2028. RBLK revolutionizes the traditional landscape with enhanced transparency, caters to privacy-conscious players by eliminating Know Your Customer (KYC) checks, and promotes anonymity for privacy-conscious users.
The project will implement a novel revenue sharing model, allocating a portion of its weekly profits of up to 30% to buy back tokens from the open market. Half of these will then be burned and permanently removed from circulation, and the other half will be distributed to RBLK holders, encouraging a long-term investment strategy and fostering loyalty to the project, making it the best cryptocurrency to buy.
Currently in the third phase of presale, RBLK is priced at $0.014, up 40% from its inception price, and has raised over $750,000, with projections of surpassing $1 million by the end of the month. This strong performance has spurred bullish investor sentiment, with analysts predicting a 50% increase by the end of the week, making it a high-growth investment in the fast-growing GambleFi market.
Why Analysts Predict RBLK Will Become Bigger Than ATOM and XMR
Both Cosmos and Atom are showing bullish signs on the charts and, if they stay at this rate, could reach new heights beyond 2024. However, all eyes are on Rollblock, whose already established casino platform, revenue sharing model, and high ROI potential position it as the best cryptocurrency to invest in right now.
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