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Cryptocurrency News Articles

Rollblock, Mantra, and Litecoin Show Signs of a Potential Breakout as Market Stabilizes

Feb 08, 2025 at 02:31 am

As the crypto market is finding its footing again, several projects are showing promising signs of an imminent reversal. Mantra (OM) and Litecoin (LTC)

Rollblock, Mantra, and Litecoin Show Signs of a Potential Breakout as Market Stabilizes

The crypto market is showing signs of stabilizing after a period of volatility. Several projects are experiencing a surge in momentum, indicating a potential breakout. Among them are Mantra (OM), Litecoin (LTC), and Web3 casino Rollblock (RBLK).

As the crypto market recovers, several projects are displaying promising signs of an impending breakout. After spending the past few months on the sidelines, Mantra and Litecoin could be gearing up for significant surges. Web3 casino Rollblock is also gaining traction, with its ongoing presale of the native RBLK token having already raked in over $10 million in funds. Let’s dive deeper and explore what the future has in store for this gem and how it compares to Mantra and Litecoin.

Rollblock is set to take a piece of the $450 billion that the gambling industry generates every year. As this space is increasingly migrating online, Rollblock offers a cutting-edge solution that not only elevates user experience to the next level but also solves many of the typical issues that have been driving users away for years. Namely, lack of security, transparency, and trust.

By leveraging blockchain technology, Rollblock ensures that all the bets are easily traceable and immune to tampering. This approach has already attracted more than 45,000 players, and hundreds more are joining every day.

Rollblock boasts over 7,000 games, and newcomers will find a catalog that caters to every taste, with options ranging from all-time classics such as blackjack and roulette to live games and new AI-driven exclusives. In addition to this already impressive offering, Rollblock has recently introduced a sports betting platform, allowing enthusiasts to bet on their favorite events and tournaments.

However, this is just the tip of the iceberg. One of Rollblock’s most lucrative features is the revenue-sharing model powered by the RBLK token. On a weekly basis, the platform will perform open-market buybacks of RBLK by reinvesting up to 30% of its earnings. 60% of these tokens will be burned, creating deflationary pressure to drive sustainable long-term growth. The remaining 40% will be distributed to the community as staking rewards for up to 30% APY.

Mantra disregards bearish sentiment surges to new ATH

Mantra (OM) experienced an extraordinary surge, increasing over 9,200% in 2024 and reaching a new peak at $6.25 on February 3, 2025. Mantra’s meteoric growth was propelled by key partnerships, including a significant $1 billion deal with Dubai’s DAMAC Group for tokenized asset financing. Mantra’s CEO, John Patrick Mullin, highlighted the importance of these alliances, which also include MAG Group, ZAND Bank, and Google Cloud, for OM’s impressive rise.

Technical analysis indicates a strong bullish trend, with the Mantra price action suggesting potential for further increases, targeting $7 as the next major milestone. Despite a slight dip after hitting an all-time high, indicators like RSI and MACD remain positive without significant bearish signals. Mantra plans to expand institutional partnerships and offer new tokenized investment opportunities in 2025, continuing its focus on regulatory compliance and innovation in real-world asset tokenization.

Litecoin ETF race could propel it above $200

The New York Stock Exchange (NYSE) has applied to the Securities and Exchange Commission (SEC) for permission to convert Grayscale’s Litecoin Trust into a spot exchange-traded fund (ETF). If approved, this would make Litecoin (LTC) the third cryptocurrency to have an ETF on the NYSE, following Bitcoin and Ethereum.

Following the filing, the Litecoin price experienced a 15% rebound from the bottom, indicating strong market interest and investor confidence in this development. Such a conversion could increase Litecoin’s liquidity and open up new investment possibilities for both institutional and retail market participants.

Long-term holders of Litecoin also remain in a profitable position, providing a stable foundation with strong support levels between $128 and $135, according to IntoTheBlock’s IOMAP metric. The outcome of the SEC’s decision could significantly influence the cryptocurrency market, potentially pushing Litecoin prices toward $147 if it breaks above the $136 resistance.

Join the RBLK presale before the next rally

Stage 10 of the presale is live, and demand is growing exponentially. RBLK is priced at just $0.053, and early investors are already enjoying over 400% gains. By the end of the presale alone, another 800% surge is expected, and once RBLK hits the markets, a 100x price multiplier could be in store when the bull market is in full swing.

To learn more about Rollblock, visit the website and socials.

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