As of mid-September, Litecoin was posting a weak 5% annualized return. Monero (XMR) fared a little better, posting a mere 18% return. However, RollBlock (RBLK), a new cryptocurrency presale offering impressive revenue sharing benefits, was up 160% by stage 6.
The GambleFi protocol offers players and investors weekly payouts, large staking yields, token buybacks, and the potential for 100x growth in the $540 billion gambling industry.
Learn why LTC and XMR holders are looking to pare down their holdings to invest in iGaming revenue sharing mainstays.
Is Litecoin (LTC) a disappearing chain?
At the $65 mark, LTC had lost over 84% of its value from its all-time high. While Bitcoin surpassed $70,000 in March, LTC never surpassed $112.
The situation has worsened over the past five months, with LTC dropping to as low as $49 in August, before recovering slightly and being rejected at $68, leaving Litecoin hovering around $65 by Sept. 14.
As a result, LTC holders are seeing only a 5% annualized return, with analysts predicting the cryptocurrency could remain stuck in the $50-$60 zone for the rest of the year, creating a bleak outlook.
Investors are abandoning slow-moving veterans like LTC for pre-sales of new revenue-sharing cryptocurrencies in iGaming.
Could Monero (XMR) hit new all-time highs in 2024?
Monero was, and probably still is, the privacy darling of the cryptocurrency community. Unfortunately, the bear market caused the price of XMR to crash, dropping to a low of $96 in June 2022.
The damage had XMR gasping for air and trading in the $100-180 zone for nearly 25 months. By September 14, XMR had risen 14% for the month to $170, trading at the upper end of its long-standing range.
Can Monero break through $500? According to data from Changelly, XMR remains a pipe dream until 2026. Even if it happens sooner, the returns will only be close to three times higher.
Rollblock’s pre-sale of the new cryptocurrency is expected to outpace XMR with a 880% surge ahead of its launch, not to mention benefit from a lucrative revenue share in the meantime.
RollBlock (RBLK) Revenue Sharing Incentives Attract Investors
Rollblock’s new cryptocurrency presale is disrupting the online casino market with an attractive revenue sharing model.
This Ethereum iGaming protocol pays out weekly rewards to token holders and has a generous staking program that redistributes 30% APY rewards to liquidity providers in the platform’s casino network.
As if that weren’t enough, periodic token burn events will reduce the supply of RBLK tokens, increasing their value and price, generating additional profits for investors’ stockpiles.
But Rollblock's growth potential in the $500 billion gambling market is at its final stop: breaking into this treasure trove would make Rollblock the iGaming powerhouse on Ethereum, and give RBLK a market cap of several billion dollars.
This will send the price of RBLK soaring and return a lot of cash to token holders. Around 15,000 potential buyers have already put more than $3.4 million into the RBLK ICO, causing the token price to rise 160% in a matter of months.
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