Over the last month, Stacks and Fetch.AI have fallen victim to a market permeated with bearish sentiment. On the other hand, Rollblock is setting new standards in crypto’s trendiest sector in spite of the market’s conditions. As a result, experts believe it could outperform Stacks and Fetch.aI in Q3.
Stacks Suffers In The Short Term Despite Promising Long Term Prospects
Though Stacks underwent a largely bullish July, Stacks has declined in value this week alongside the majority of cryptocurrencies.
With Stacks down 7% in seven days, some crypto analysts predict this bearish momentum will persist throughout the month. However, some analysts are expecting an imminent 10% surge for Stacks in the next month.
Regardless of short-term movements, Stacks' long-term prospects are undeniably promising. This is because Bitcoin layer-2’s like Stacks are traversing their first bull run and could achieve 15-50x gains in the next 12 months. Stacks is also a rare crypto that’s officially approved by the SEC.
Fetch.AI Succumbs To Bearish Pressure In August
AI coins such as Fetch.AI have generally suffered throughout the past 30 days. The current market chaos has only exacerbated Fetch.AI’s dismal July performance, with Fetch.AI declining by 11% in seven days.
Fetch.AI's status as an AI crypto has led some analysts to be particularly bullish about its future potential, as AI coins are likely to have their own mini-season within the grand scope of the overall bull run. Fetch.AI could achieve a 10-50x in 2024-2025, presenting an ample buying opportunity for risk-averse investors.
Rollblock Set To Spoil Early Investors With Gains Surpassing 100x In 2024
By combining decentralized and centralized gaming elements in its virtual casino, Rollblock is a pioneering GambleFi gaming crypto poised for exponential 100x returns this year. The platform’s impressive fundamentals and incentives for investors have led crypto analysts to predict an 800% surge following Rollblock’s official launch.
One reason for this is that the Rollblock platform does not require users to complete a KYC process. This removes bothersome entry barriers, leading to a substantial increase in user numbers. Totaling over 7000 as of August, Rollblock’s unique accessibility is a major pulling factor for casual gamers and users who strongly value their right to remain anonymous.
The Rollblock platform harnesses security measures obtained through behemoths in the blockchain security space. This renders all bets and transactions on the platform 100% immutable and non-tamperable.
Serving numerous different functions, the RBLK token is integral to the platform’s sustained growth. Firstly, It principally rewards active members on the platform and offers staking opportunities.
Rollblock has also implemented a revenue-sharing incentive. Up to 30% of weekly profits are distributed among holders. A portion is allocated to buybacks and token burning, which helps increase the token's value. This mechanism thwarts negative price volatility.
Currently, in the 4th stage of its presale, RBLK is trading at a cheap price point of $0.018. The strong interest in the project is evident, with over 90 million tokens sold in less than a month.
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The post As Stacks (STX) Drops, Analysts Target $10 FET Price Prediction, Rollblock Tipped To Outperform Both With 100x Gains appeared first on Crypto News Land.
