$BTC $ETH $BNB Investors Dump Litecoin & Matic for This New Crypto After Soaring 75%

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Investors target play-to-earn DeFi gaming, like Rollblock, predicted to 50x in 2024.

The vast majority of investors enter the crypto marketplace to make massive exponential gains not possible with investment vehicles like stocks or real estate.

As new money enters the market, many investors will acquire older cryptocurrencies destined for a measly 2-10x. At the same time, the smart money is gravitating towards cryptos in the play-to-earn DeFi gaming space, such as Rollblock which is set to 50x in 2024 alone.

Litecoin continues to disappoint investors in 2024

Litecoin is down 17% this year as most cryptocurrencies have risen in value following the Bitcoin halving, reflecting Litecoin’s bearish sentiment.

This trend has only continued for Litecoin in July, as Litecoin has barely moved amid a market upturn.

It remains to be seen whether Litecoin could regain the momentum it once had. Most crypto experts would advise avoiding Litecoin, though its deteriorated price point may have opened up a buying opportunity for conservative investors.

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