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For those in the crypto investment space, finding sub-$1 opportunities with significant growth potential is a key strategy. Among the popular options, Dogecoin and Kaspa are often highlighted as potential candidates to reach the $1 mark.
However, industry experts are increasingly focusing on the newly-launched iGaming and GambleFi protocol, Rollblock, as a strong contender to be the next cryptocurrency to hit $1. With token prices currently at just $0.022, some analysts suggest that Rollblock could even surpass the predicted performance of Dogecoin in 2024.
Can Dogecoin Reach $1?
Dogecoin experienced a significant surge in 2021, reaching an all-time high of $0.73, but it fell short of the $1 milestone. Since then, Dogecoin has seen a decline of 85.5% from its peak, trading around the $0.10 mark at the time of writing.
For Dogecoin to reach $1, it would require a massive influx of investment. Given the stiff competition from newer meme coins, the likelihood of Dogecoin hitting $1 in 2024 appears slim. Investors might find it challenging for Dogecoin to even approach its previous highs.
Kaspa’s Potential to Reach $1
Kaspa, a Layer 1 platform, saw a dramatic rise to new all-time highs of $0.20 in early August, even as the broader market faced corrections. Despite these challenges, Kaspa has shown resilience, trading just below $0.17, which is 19% off its ATH at the time of writing.
With its innovative BlockDAG technology, Kaspa could still have the potential to reach $1, especially if the next bull market materializes.
Rollblock: The Best Bet to Break $1 by Year-End
The new GambleFi protocol, Rollblock, stands out as one of the most promising sub-$1 investment opportunities. Early investors have already seen a 120% gain as the token price increased from $0.01 to $0.022 during the presale, which is currently in its fifth stage. With more price increases expected before the token is listed on exchanges, there is still significant upside potential for presale participants.
Among the three cryptocurrencies discussed, Rollblock appears to have the strongest narrative to reach $1. The protocol aims to revolutionize the $450 billion gambling industry by bringing it into the Web3 space, offering the first no-KYC iGaming, P2E, and GambleFi platform on Ethereum. The native token, $RBLK, is central to the GambleFi ecosystem.
In addition to being used for wagering on casino games and sports betting, $RBLK can be staked for high APYs and provides holders with a share of the casino’s profits. This revenue-sharing model will be distributed as a weekly dividend, offering additional incentives for investors to hold the token.
Rollblock has already raised over $2.6 million, indicating the potential for a significant price increase. For those who missed out on Dogecoin or Kaspa, Rollblock could be the next opportunity for substantial gains in 2024.
Explore the Rollblock (RBLK) presale today!
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Source: captainaltcoin.com