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Cryptocurrency News Articles
Altcoin Season is Here: LTC, NEAR, POL, and RBLK Predictions
Jan 22, 2025 at 05:00 pm
Altcoin season is here, and analysts have cast their predictions for Litecoin, Near Protocol, Polygon, and Rollblock.
Altcoin season is upon us, and analysts are making their predictions for the top performers. Among the contenders are Litecoin (LTC), Near Protocol (NEAR), Polygon (POL), and Rollblock (RBLK).
Starting with Litecoin, the price has already begun to recover, surging 12% in the last month alone. After hitting a low of $100, LTC has since rebounded. The price action is looking promising for LTC, with analysts predicting a surge to $250 in the short term.
Moving on to NEAR Protocol, the price is also rebounding, currently trading above the crucial $5 support zone. As the chart heats up, anticipation is growing among traders, leading to speculation that NEAR will breach its previous ATH soon.
Next up is Polygon's POL, which dipped to lows of $0.415 before establishing support around $0.475 in a recent price development.
Last but not least, we have Rollblock's RBLK, which has surged over 250% since the presale began. Currently priced at $0.046, RBLK offers exceptional value, boasting more utility than most altcoins in the crypto market.
Now, let's delve into some specific details.
Crucial Litecoin ETF Approval Nears as LTC Surges
In a significant development, Canary Capital's proposal for a Litecoin ETF is gaining momentum, especially following the success of Bitcoin ETFs. Notably, BlackRock scooped up over 5200 BTC, sparking a surge in institutional interest in the crypto market.
Canary Capital's filings reveal that its LTC holdings will involve trusted industry players. In a bid to enhance institutional participation, Canary Capital's proposal includes Coinbase Custody Trust and BitGo.
After dipping to lows of $99 at the start of the year, can LTC surpass its previous ATH?
Anticipation Mounts for NEAR Protocol Price Target of $17
As the crypto market heats up, anticipation is growing among onlookers for a bullish recovery for NEAR Protocol, whose price had stagnated below the $4 mark only to spike some 100% to highs of $8. While NEAR has pulled back, seeking support at $5, analysts anticipate a continuation of bullish resurgence that could see $17 as the next target.
For the uninitiated, NEAR Protocol is a well-established Proof-of-Stake protocol for dApps, boasting a thriving ecosystem of over 1000 dApps. One of the factors adding to NEAR's bullish resurgence is receiving support from a German telecommunications firm called Deutsche Telekom.
Polygon (POL) poised for a Rally with Recent Partnerships
Another altcoin in the crypto market that is championing the development of dApps is Polygon. After a recent shift from MATIC to POL, Polygon's price has rebounded from lows of $0.4.
Polygon's rollout of zkEVM Validium L2 chain with enhanced scalability and security has attracted major institutional players such as Reliance Jio in a move that could onboard over 450 million users in India. Could this lead to POL rallying above $1?
Rollblock's RBLK Presale Surpasses Crypto Market Expectation
Established as the first-of-its-kind GambleFi protocol, Rollblock is pioneering a revolution among online casinos.
Reports show that the online gambling niche is a multi-billion dollar phenomenon. However, existing platforms lack a level of sophistication that matches current technologies.
In a bid to revolutionize the online casino experience, Rollblock steps in, offering a solution that is not only engaging but also aligns with the times. The integration of blockchain into the entire process ultimately delivers a crypto casino that is transparent, cost-effective, and easily accessible.
Moreover, Rollblock is not just adapting to a new wave; it's leading the charge with unique features such as a revenue share model, not to mention a 30% APY staking program.
The presale has already raised $9 million, and analysts are anticipating a price hike for RBLK before the presale ends. If you are seeking gains in the crypto market this season, this altcoin is a must-have on your radar.
Only 60% of RBLK is up for grabs during the presale, so it would be better to act quickly if you don't want to miss out on this opportunity.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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