The post Can MATIC Reclaim Top 20 Spot Over Litecoin (LTC) or Will Revenue Sharing Rollblock Become A New Top Crypto Contender? appeared on BitcoinEthereumNews.com.

Many coins from previous crypto cycles have offered lackluster returns on investment over the past year, with Polygon (MATIC) and Litecoin recently struggling to impress holders. Newer coins with better technology and room to grow will always perform better at this point in the cycle, and Rollblock ($RBLK) is currently attracting huge numbers to its presale. Find out why experts are tipping RBLK for 100x growth this year! Polygon (MATIC) Plunges Out Of the Top 20 Polygon (MATIC) holders have watched their Ethereum layer-2 token fall this year from the highs of $1.29 down to current levels below $0.42. Polygon has been in a continuous downtrend since March and its market cap has recently fallen below $4.2 billion, plunging Polygon outside of the crypto top 20. According to unchained data from IntoTheBlock, only around 2% of Polygon holders are in profit, and over 443,000 Polygon addresses are in the red. Unfortunately, Polygon is down over 74% this year and shows no sign of staging a comeback anytime soon.  Litecoin ($LTC) Looking Heavy At $60 Litecoin has also been hit hard this year and is currently down a whopping 25% in the last 3 months. Litecoin’s price is currently struggling to find a footing at the $60 mark, and a recent wick down to $49.65 looks like it will be filled in the coming days.  There will be significant resistance overhead for Litecoin in the form of the 50- and 100-day moving averages, meaning that Litecoin traders will be watching the $68.34 and $74.78 levels closely in the coming weeks. Litecoin holders will need to switch some of their portfolios to newer coins with more potential to grow. Rollblock ($RBLK) Racing Towards New Highs Rollblock ($RBLK) is shaping up for explosive growth in 2024, as the revolutionary crypto sees massive inflows of…

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Filed under: News - @ August 15, 2024 9:26 am