Investors have been advised to have their wallet ready in June as it is often considered the best time to make investments. Marking the beginning of the crypto summer, most market analysts are expecting a huge rise in the price of cryptocurrencies.
Investors looking for the best crypto to buy to make the biggest gains in June are faced with three options: Rollblock (RBLK), Cosmos (ATOM), and Algorand (ALGO). Let’s find out which is the best cryptocurrency to buy now.
Cosmos (ATOM) Price Stalls: Will It See a Revival in June?
Cosmos (ATOM), which is among the top altcoins of the moment, gained attention for advocating the concept of interconnected blockchains rather than the isolated ones. This led to the growth and rise in the price of Cosmos.
At the beginning of 2022, the ATOM trading price rose to $44 while the demand for Cosmos was on the rise. Nevertheless, the appearance of other operable blockchains has become the reason for competition with Cosmos.
This has affected the price of ATOM, especially since it has been trading in the $7.5 for the last few months now. Nevertheless, Cosmos is still among the most popular altcoins with a $3 billion market capitalization. Experts are skeptical that there will be a turnaround this month, as ATOM has failed to mirror the bullish trend in the market this year, losing 30% of its value.
Algorand (ALGO) Attracts Developers With New Upgrade, Price Remains Down
Algorand (ALGO) rose to fame due to its Pure Proof-of-Stake (PPoS), which facilitates quick transactions while being eco-friendly. Algorand recently released the AlgoKit 2.0 to provide Python developers and enhance the chances of start-ups within their sphere. Despite the launch, the price of Algorand continues to battle with bearish pressure, losing 29% YTD.
In the last three months, ALGO has been ranging between $0.15 and $0.25. While building an ecosystem on the Algorand network could make ALGO one of the best altcoins to invest in, the current performance doesn’t suggest that it will see any major price increase in the near future.
Rollblock (RBLK) Makes a Strong Case for the Best Crypto To Buy in June
Rollblock (RBLK) is a new crypto ICO that has raised a lot of attention with its GambleFi protocol aiming to transform the $450 billion gambling market. While Rollblock is a young project compared to the likes of Cosmos and Algorand, it has been picked as the best cryptocurrency to buy in June because of several reasons.
- Provably Fair Gaming: This is due to the fact that Rollblock employs the use of blockchain technology in its games thus making the games to be fair to the players. This means that players can easily verify the legitimacy of each result, and thus, the system fosters confidence that cannot be found in gambling.
- Bigger Niche Market: being a project aiming to transform things in a $450 billion market, the crypto market analysts believe that the price of Rollblock will increase drastically.
- Revenue Sharing Model: RBLK token holders are provided with an opportunity to get a certain percentage of the profit of the platform. This promotes a buy and hold strategy and boosts social interaction within the community.
Because of these reasons, market experts are optimistic that RBLK can see massive price increases of up to 50x this year. To validate this claim, the price of RBLK has jumped by 40% to hit $0.014 as it sold out in the first two stages of its crypto ICO.
Conclusion
While Algorand and Cosmos remain top altcoins that could experience a break in prices as their adoption grows, Rollblock is the clear winner for the crypto to buy in June. Rollblock’s niche market, gaming model, and revenue sharing model all contribute to why RBLK is one of the best altcoins to invest in for massive returns this year.
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Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
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