Dogecoin, Polygon, Maker See Millions in Liquidations; Could This New Viral Presale Star Be Set To Reignite the Bull Run
Several well-known altcoins, such as Dogecoin (DOGE), Polygon (MATIC), and Maker (MKR), have faced liquidations worth millions. Amid so much uncertainty, traders are looking for safer, promising options, which is where Rollblock (RBLK) comes in. This new Stage 3 presale star has the potential to kick-start another bull market and become the next 50x altcoin in 2024.
Dogecoin (DOGE): A Massive Liquidation Spike
Dogecoin (DOGE) is one of the top altcoins at the moment. However, more than $60 million of long liquidations have occurred in Dogecoin after its value dipped below $0.12, as per Coinglass data. Interestingly, liquidations for Dogecoin matched Bitcoin’s, as both cryptocurrencies saw slightly above $60 million worth of liquidations within the same timeframe.
The Dogecoin crypto value movement rose over 100% in the past year alone. Moreover, DOGE is trading above its 100-and 200-day EMAs while having nine technical indicators in the green. Although this Dogecoin news may be worrying, its indicators paint a different picture. Thus, experts foresee this altcoin’s price reaching $0.15 within Q2 of 2024.
Polygon (MATIC): Market Analyst With a Bold Statement
Polygon (MATIC) is another altcoin making headlines. According to CoinMarketCap data, the Polygon price fell nearly 5% in the past year. However, crypto analyst CrediBULL remains bullish. In his X post, he states that this altcoin may soon see a price surge to $0.95.
The technical analysis for the Polygon crypto is also positive. For example, MATIC trades above its 200-day EMA and five technical indicators are in the buy zone. Due to all these reasons, market analysts forecast a rise to $0.93 before Q2 of 2024 ends in their Polygon price predictions.
Maker (MKR): Major Trader Buys Back This Altcoin
Maker (MKR) has also been making some noise in the altcoin space. Notably, the Maker price increased over 230% on the YTD chart. Major trader Smartest Money remains bullish, as he announced he bought it back at $2,275. In his X post, he states that the end game for Maker is very strong.
From a technical analysis perspective, the future of this altcoin also appears bright. For instance, 11 technical indicators are flashing green, while the Maker coin trades above 100-and 200-day EMAs. Because of this, market analysts forecast a jump to $3,000 before the end of Q2 2024 in their Maker price predictions.
Rollblock (RBLK): Among the Best Altcoins This June
Rollblock (RBLK) is quickly gaining traction in crypto thanks to its innovative online gambling approach and impressive presale performance. Early buyers have already enjoyed a 40% ROI, and the project has raised over $820K. With projections indicating this could rise to $1M before July 2024, Rollblock is positioning itself as a top altcoin in the market.
What sets Rollblock apart from other projects is its unique GambleFi protocol that uses blockchain technology to change how people gamble online forever. Unlike traditional platforms, there are no intrusive KYC checks needed on Rollblock – meaning users can stay anonymous.
Another feature that makes Rollblock unique is its revenue-sharing model. The platform uses up to 30% of its weekly earnings to buy back RBLK tokens from the open market. Half of these tokens will be burnt, reducing supply and increasing value, while the other half will be given out as staking rewards. This is an excellent opportunity for this altcoin’s price to grow.
One RBLK costs only $0.014 as it is in Stage 3 of its presale. This is a 40% jump from its starting price of $0.01. With over 3,000 registered presale users, demand for this altcoin is high. Therefore, experts foresee a 50x rise once a Tier-1 CEX lists RBLK in Q3 of 2024, making it one of the best altcoins to watch.
Will Rollblock Stand Out From Dogecoin, Polygon, and Maker?
While Dogecoin, Polygon, and Maker face liquidations, Rollblock is emerging as a good altcoin to watch. It has a low market cap and ties to the online gambling market, which may surge to $744B by 2028. In other words, RBLK will surge way faster and higher than these already-established altcoins.
