The post X Payments For DOGE Could Spark 5000% Rally But Analysts Feel Better Bet Is Revenue Sharing Rollblock and KAS appeared on BitcoinEthereumNews.com.

Dogecoin (DOGE) and Elon Musk are making headlines as speculation mounts that it could be the currency used on X. However, analysts believe this is a long shot and that investors are better off with safe bets like Kaspa (KAS) or Rollblock (RBLK). Rollblock, in particular, just got pegged as the top altcoin of 2024 with 100x returns expected. Dogecoin and Musk Team Up on X: A Dream Or Future Reality? The Dogecoin price was up 10% in 24 hours on the back of rumors about using Dogecoin for payments on X. However, most of this Dogecoin excitement faded by the end of the day, leaving the Dogecoin price nearly unchanged. While analysts admit that Dogecoin’s adoption on X could see a 5,000% rally, most agree that this remains unlikely. This would not be the first time that people got overly excited about Dogecoin and Musk. Kaspa’s GHOSTDAG Protocol Matches Proof of Stake for Speed Kaspa’s price followed the larger market this week with a 22% loss. However, this is only a small dent in the Kaspa price’s 230% rally this year. Most analysts agree that Kaspa’s 230% rally is just the start of something even bigger. Kaspa is one of the few remaining Proof of Work blockchains, as most tokens now use Proof of Stake. However, for people who prefer Proof of Work over Proof of Stake for security, Kaspa’sGHOSTDAG protocol is a game-changer, offering high speeds and low transaction fees. Rollblock Remains the Safest Bet for Massive 2024 Returns While DOGE adoption by X is a moonshot and Kaspa’s GHOSTDAG protocol is promising, the only sure bet this cycle is that Rollblock is set to dominate the $450 billion global gambling industry. This top altcoin has brought the latest blockchain technology to the outdated online casino model to…

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Filed under: News - @ August 11, 2024 8:08 pm