Polkadot price analysis: DOT looks set for gains leading into June, as does rollblock (RBLK) and Chainlink (LINK) Rollblock's price expected to reach $0.5 with entry into the $744B gambling industry. Recent partnership with DTCC boosts Chainlink's price. Rollblock offers anonymity, launches licensed crypto casino. Rollblock plans to list on CEX exchanges in Q3 with a unique revenue-sharing model
As the bull run draws nearer, analysts are already examining the potential of some top cryptos in the coming weeks. Polkadot (DOT) is one of the top crypto coins that could trigger a breakout in June, having broken through a key support zone recently. Notably, Rollblock (RBLK) and Chainlink (LINK) could also witness massive rallies in June. The recent partnership with DTCC for fund data tokenisation saw the price jump up, and analysts believe Chainlink's price will surge soon. Meanwhile, Rollblock's price is projected to jump to $0.5 in June.Rollblock price projected for 20x rally in June
Rollblock's entrance into the gambling industry, which is projected to hit $744B by 2028, has generated excitement among traders. Barely a few days after the presale kicked off, the team raised over $275,000 and sold millions of tokens. Some analysts believe the team will raise over $2M in June. As such, they project a 20x rally for the top crypto coin in June.
Notably, early buyers have gotten a 20% return as the price moved from $0.01 to $0.012 in stage 2. At the currency trajectory, crypto experts believe that RBLK token price will hit $0.5 in Q3 and $1 before the end of 2024, making it one of the best cryptos to invest in May. Notably, Rollblock offers anonymity with no KYC needed.
Meanwhile, Rollblock has fully launched a functional and licensed online crypto casino. The platform complies with legal frameworks to protect players' data and reach a wider audience globally. With issues of transparency a concern in the Gambling industry, Rollblock uses blockchain technology to ensure all transactions are permanent and immutable.
The Rollblock native token is the currency of the ecosystem. It is used as a mechanism for distributing rewards, cashback, etc. The Rollblock profit-sharing model is unique. The team uses up to 30% of the revenue to buy back tokens, half of which is used for staking rewards, with the rest burned to stabilise the price. With plans of listing across CEX exchanges in Q3, RBLK could make the list of the best crypto coins of 2024.
Polkadot price analysis – How high can it go in June
Polkadot is one of the top crypto coins in the market. Although it has not performed exceptionally in the past few months, analysts remain optimistic about a rally in the coming weeks. Polkadot's price has broken through the $7 support zone, with analysts projecting a retest of the $8 mark.
The majority of Polkadot key market indicators are showing a buy signal, with the Polkadot market cap now above the $10B mark. Top crypto analysts, Captian Faibik expect a 35% bull rally in the short term, which could see the token price hit $10 soon. The majority of Polkadot price predictions think the DOT price will establish support above $10 in June.
Chainlink’s price projected to hit $30 in June
In the past few days, Chainlink partnered with DTCC to complete a pilot project that will help accelerate fund data tokenisation. Among the notable participants were JPMorgan, Templeton, etc. The market reacted positively to the Chainlink news, with the token gaining over 24% in the past week.
Some analysts believe that Chainlink's price will surge in the coming weeks. So far, the Chainlink trading volume and market cap are surging with the token market sentiment trending bullish. Notable crypto analyst Jonathan Carter believes a successful breakout above the 200MA could lead to a more bullish trend. As such, a surge above $30 is possible in June.
Rollblock vs Polkadot vs Chainlink - Which crypto will offer higher profits
The three cryptos have the capacity to witness massive rallies in the coming weeks. However, Rollblock's cheap price makes it more attractive. Coupled with its low market cap of $12M, Rollblock can do up to 50x in the coming weeks, making it one of the best cryptos to invest in 2024.
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This story originally appeared on: India Times - Author:Faqs of Insurances
