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Altcoins on the Rise: Stellar, Cosmos, and Newcomer Rollblock

Aug 30, 2024
  1. Stellar (XLM) Struggles to Surge
  2. Cosmos (ATOM) Depreciates Further Post Gaia Upgrade
  3. Rollblock: The Top Crypto for 2024

The entertainment portal presents an analysis of current trends in the cryptocurrency market. We review the growth prospects of Stellar (XLM), Cosmos (ATOM), and newcomer Rollblock.

Stellar (XLM) Struggles to Surge

Last month, Stellar experienced a brief price surge, but currently, XLM is in the red on the daily, weekly, monthly, and even yearly charts. The reasons for the price drop remain unclear; the long-awaited network update might play a part, but the crypto market has been volatile recently.

Cosmos (ATOM) Depreciates Further Post Gaia Upgrade

Market sentiments for ATOM were very positive at the beginning of the year. The anticipated Gaia v17 upgrade was expected to improve the Cosmos protocol and boost its price, but after the upgrade went live in May, ATOM's price depreciated. Analysts suggest a potential recovery to $5.4–$8.2 by the end of the year.

Rollblock: The Top Crypto for 2024

Stellar and Cosmos are ranked among the top 50 altcoins by market cap, but their ROI pales in comparison to Rollblock. As a part of the fast-growing Ethereum GambleFi sector, the project has significant market potential thanks to its innovative benefits. Rollblock's ICO has raised nearly $2.8 million, and the token is priced at $0.022 during its presale.

The analysis shows that despite Stellar and Cosmos' established positions among the top 50 altcoins, Rollblock has the highest growth potential for 2024.

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