Polygon (POL) and Litecoin (LTC) Seek Gains With Rollblock After Underwhelming Performance
The post Polygon (POL) and Litecoin (LTC) Seek Gains With Rollblock After Underwhelming Performance appeared on BitcoinEthereumNews.com.
Cryptocurrencies are volatile assets. They could be up today and down tomorrow. More often than not, a little incident or whale activity would send their prices on a rollercoaster ride. This instability often causes investor apathy, with money flowing from underperforming tokens like Polygon and Litecoin into top-performing crypto projects like Rollblock. Although it is still in presale, Rollblock has raised over $3.5 million from investors. It’s one of the most sought-after tokens today, with experts predicting a 100x gain once it launches on exchanges. Polygon is yet to find its feet post-MATIC Polygon is an ambitious crypto project. It doesn’t shy away from making bold decisions. This includes competing in the decentralized finance market, even though the space boasts bigwigs like Solana and Ethereum. Another instance of its boldness is its decision to change its token from MATIC to POL. A brand change would cripple most unestablished crypto projects, but that didn’t faze Polygon. The belief was that a rebrand would rejuvenate Polygon and spark the project into life. However, this has yet to happen. POL is down 11% over the last month and currently trades at $0.37. It would be wise to steer clear of POL until it gains some momentum. Litecoin price prediction: Will LTC eventually shrug off bears? Litecoin used to be a top 10 cryptocurrency by market cap. Today, it sits outside the top 20. Competition from newer projects, a lack of adoption, and regulatory uncertainty have dealt a serious blow to the project’s prospects. But is there a way back for LTC? According to the average Litecoin price prediction, anything is possible. Although LTC has been volatile, there’s belief it could rediscover its old form. Litecoin is priced around $62.2 at the time of writing and analysts believe it could soar to $100. But…
Filed under: News - @ September 15, 2024 5:15 pm