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The 2024 Q4 bull run is underway, and investors are getting ready to hunt down the best altcoins to buy with the potential to yield high returns. With the crypto market showing signs of recovery and growth, certain altcoins are positioned to outperform.
Of these altcoins, AVAX, ADA, and Rollblock take the lead as three promising projects backed by innovative developments and growing ecosystems.
Let’s see why you should position yourself before the altcoin bull run takes off.
Avalanche looks promising amid token unlock
The consensus feeling seems to be that the upcoming AVAX unlocking in October could also potentially plunge the cryptocurrency’s price. The reason for this is because, until August 2024, around 9.5 million AVAX tokens were released every three months, while this number goes down to approximately 1.7 million until July 2030.
The AVAX token releases come in 2023 and 2024 and are currently staked, not coming onto the market until much later. As a result, market analysts anticipate a further increase in the coming days, with its price up by about 14.59% in the past week.
Cardano surges astronomically after an increase in whale activity
Recently, ADA recorded an unprecedented uptick in Whale netflows at 32,348%. This is an indication of a 40.39% increase in the volume of transactions for the ADA. Analysts believe this indicates an extremely positive development for current ADA holders since Whale purchases mean very strong confidence in the project. This is probably why ADA is up 5.8% in the past week.
Coupled with that price momentum, ADA has also launched a Constitutional Committee Portal on its mainnet. This will further cement ADA’s commitment to DeFi governance and show why it is considered a serious competitor for the rest of the cryptos on the market.
Rollblock could lead the Q4 bull run
The GambleFi era, which combines blockchain technology with online gaming and gambling, is just starting, and it looks like Rollblock is leading it. First of all, this crypto casino is community-oriented: RBLK token holders get some portion of the platform’s profit each week. Moreover, they are entitled to stake RBLK tokens and get impressive rewards.
Another significant factor about Rollblock is the fact that it is transparent. While online casinos have many complaints regarding unlawful practices, Rollblock uses blockchain to avoid these. Be it any transaction, be it betting odds or any key data, everything will irrevocably be recorded on the blockchain. In fact, it makes them very reliable for gamers.
Due to these advantages, Rollblock is set to capture a share of the GambleFi market. If this happens, the value of the RBLK will multiply manifold. Even when it is in presale, the token has gained 200% and is currently priced at $0.03, with predictions of a further 880% increase before the presale is out.
Conclusion
While AVAX and ADA continue to maintain their status on the DeFi market, Rollblock will have a very good chance to dethrone them in the near future. No doubt, with such an amazing 1,000x presale and next-level features, it could be one of the best altcoins to buy in today’s market.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.