The post TON, RBLK and JASMY: Which of These 3 Altcoins Is More Likely To See Double Digit Gains In August? appeared first on Coinpedia Fintech News
Since meme coins are losing popularity in 2024, all the buzz is around altcoins right now. Toncoin (TON) and JasmyCoin (JASMY) might be promising huge gains to potential investors, but Rollblock (RBLK) has already delivered 100% gains to early investors. As the market begins to recover from its recent crash, analysts are asking whether Toncoin and JasmyCoin will take over the race in August or will Rollblock soar to new highs.
Toncoin (TON) Bears and Bulls are in Battling for Dominance
Toncoin’s (TON) price may have suffered a massive 23.11% decline in the past 30 days, but the bulls are preparing to take over now. At the time of writing, Toncoin was trading at $5.46 after another intraday dip of 3.64%.
Toncoin’s technical indicators like the RSI are hinting towards a strong bearish trend in upcoming weeks. However, if the overall market sentiment turns bullish, then Toncoin may test the upper resistance at $7.86 in the following weeks.
JasmyCoin (JASMY) Investors Find Glimmer of Hope
Despite shedding over 28% of its value over the past week, JasmyCoin (JASMY) is finally starting to see a trend reversal. As of press time, JasmyCoin is trading at $0.0213 with a minor intra-day surge of 0.37%. Since the token’s market cap is also up by less than 1% today, investors are gearing up to see this positive trend take JasmyCoin to new highs.
Since JasmyCoin is known as the ‘Bitcoin of Japan,’ it has a strong community backing. For now, JasmyCoin has finally broken above the 200-day SMA with a bullish sentiment in the air.
Rollblock (RBLK) is Leading the Altcoin Race
Although tokens like Toncoin and JasmyCoin are trying hard to keep up, Rollblock (RBLK) is already headed to the moon. Over the past few weeks, Rollblock has seen a massive 100x surge in price, and early investors are practically rolling around in profits. If this momentum continues by the end of 2024, then Rollblock is projected to hit up to 880x gains.
The main driver behind Rollblock’s success is its commitment to user privacy and security. By removing lengthy KYC requirements, Rollblock allows users to sign up at its casino in less than a minute by directly linking their crypto wallet. Since each transaction and bet is recorded on the Ethereum blockchain, users can enjoy a hassle-free gambling experience.
Another reason why investors are flocking to grab $RBLK tokens is the platform’s unique revenue-sharing scheme. Each week, Rollblock allocates up to 30% of casino revenue for open-market buybacks. Half of the tokens are handed out to investors as staking rewards with huge APYs, giving investors an incentive to hold on to their RBLK tokens in the long run.
The remaining half are then burned. Rollblock’s token supply has a hard cap of 1 billion. This means that as supply starts depleting, the token’s price will skyrocket to new highs and maintain a strictly deflationary trend.
For now, Rollblock’s native $RBLK is selling exclusively on the website for a low price of $0.02. As demand keeps increasing, this price is set to increase every month until the end of the year.
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