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Home»Security»Avalanche leads the charge! Analysts Predict This Hot Crypto Could Skyrocket Like XLM
Security

Avalanche leads the charge! Analysts Predict This Hot Crypto Could Skyrocket Like XLM

November 28, 2024No Comments3 Mins Read
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For the third week in a row, the crypto market is in extreme greed, with AVAX Price as one of his chiefs. Analysts are also considering a hot crypto this could reflect the growth seen in Stellar (XLM).

With Avalanche (AVAX) setting the tone for the rest of the altcoins, speculation is increasing around the new competitor: Bearing block (RBLC). Market experts highlight the potential for big gains as investors look for the next big opportunity after Stellar (XLM).

Bearing block Sets new standards in online gaming with GambleFi

Since 2020, the iGaming industry has become popular with gamers and collaborators around the world. However, traditional platforms often lack transparency, speed and modern reward systems. Thanks to this, Roller block has ventured into online gaming with its GambleFi model, merging DeFi with gaming to create a rewarding ecosystem.

The ecosystem is powered by the $RBLK token, allowing the user to access special games, rewards and staking benefits. Unlike traditional platforms, Roller block incorporates a weekly revenue sharing mechanism, distributing a share of its earnings to token holders who participate in staking.

To promote long-term growth and value, Rollblock implements a deflationary system, using a portion of its profits to buy back and burn $RBLK tokens. Roller blockThe GambleFi model not only provides entertainment, but also provides users with financial opportunities. As a pioneer in this field, Roller block sets new standards for transparency, cost-effectiveness and community-driven innovation.

AVAX Price 102% increase following recent forecasts

Recent price action has seen the price of AVAX go up to $43. This is an astonishing 102.5% recovery from the year’s lows. Currently, Avalanche (AVAX) has a total value locked of $1.4 billion, with the majority of its protocols up double digits. With 17 green days in the last 30 years, AVAX is currently above its 200-day SMA and above 59 of the top 100 cryptocurrencies.

Additionally, AVAX has entered into high-profile partnerships, such as the integration of BlackRock and Securem. Social feeling around AVAX is also on the rise, with growing mentions and interest matching its technical and on-chain momentum. AVAX is positioned for continued growth, with technical and fundamental factors pointing towards upward movement.

Stellar (XLM) 444% Rally in November: What’s Next for This Crypto?

Stellar’s native token, XLMsaw a significant resurgence in November 2024, with the price rising over 444% to a high of $0.63, hinting at a possible near-term correction. However, XLM remains above its critical support levels and its overall trend is bullish. Analysts expect a further rise if XLM may exceed $0.27, with potential targets near $0.30 based on Fibonacci levels.

Fundamentally, XLM‘s ecosystem has benefited from its involvement in payment solutions, including partnerships with MoneyGram and support for tokenized assets like the Franklin OnChain US Government Money Fund. These collaborations underscore Stellar’s strategic focus on real-world financial applications, strengthening investor confidence in its long-term value.

Conclusion

Avalanche (AVAX) and Stellar (XLM) have been making headlines due to strong market sentiment, but all eyes are now on hot crypto, Bearing block (RBLK). In its ongoing presale, tokens are selling for $0.036 each. It is currently an extremely undervalued coin, with the potential to outperform Avalanche and XLM.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

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