As a result, stablecoins, which are cryptocurrencies pegged to stable assets, have gained popularity in countries like Nigeria and Argentina
Former House Speaker Paul Ryan recently proposed an unconventional solution to the US's escalating debt crisis in the form of stablecoins.
Speaking to the Wall Street Journal, Ryan, who has been historically vocal about the nation’s rising debt, warned that there would come a day in which the Fed would hold a Treasury auction as a means of fighting back, but would ultimately fail to gain buyers.
As a result, stablecoins, which are cryptocurrencies pegged to stable assets, have gained popularity in countries like Nigeria and Argentina, and could also thrive in the United States.
This has resulted in numerous altcoins jumping in value, in which Bitcoin Cash (BCH), Uniswap (UNI) and Rollblock (RBLK) have seen a major uptrend. Today, we will go over the price performance of all three to determine just how far they can rise in 2024, and will see which is a good crypto to buy for diversification.
Bitcoin Cash Price at an Uptrend – How Far Can It Reach in 2024?
Bitcoin Cash (BCH) has been on an uptrend for the past week, with the crypto surpassing $400, which was a major price barrier and could now reach new heights.
During the past week, the furthest point the Bitcoin Cash price reached was at $465.06, indicating that $500 is the next major barrier that it needs to pass in order to reach new heights.
Moreover, according to the Bitcoin Cash crypto chart, its RSI, and the MACD data both indicate a bullish resurgence in the future. According to the Bitcoin Cash price prediction, it can end Q4 of 2024 at $668.48.
Uniswap Crypto Surges Past $11 – Can It Move Past $15 in Q4?
Uniswap (UNI) also experienced an upwards trajectory, as the team recently proposed ERC-7683, which establishes a standard for intents-based systems, and can improve the UX for applications, fillers and users. Through this approach, the Uniswap crypto could also experience a further uptrend.
Yet, according to the Uniswap price metrics, it’s up 20% in a week and could soon pass $12. The furthest point it reached was at $11.72, just barely missing the price barrier.
Yet, if it does surpass this point, according to the Uniswap price prediction, it can end Q4 of 2024 at $15.77, positioning it as a good crypto to buy.
Rollblock (RBLK): Disrupting the GambleFi Industry
Rollblock (RBLK) positions itself for dominance within the online gambling industry by strategically introducing the transformative power of blockchain technology, where unlike its centralized competitors, RBLK seamlessly integrates with a fully licensed and operational casino, fostering an environment of unparalleled transparency that disrupts the traditional landscape.
This allows RBLK to capitalize on the burgeoning GambleFi market, a sector poised to explode to a staggering $744 billion by 2028. By leveraging its first-mover advantage, RBLK has solidified its place as a prime investment within the altcoin space.
Furthermore, the project implements a novel revenue-share system, allocating up to 30% of casino’s weekly profits towards buying RBLK tokens. Half of these tokens are permanently removed through a process called burning, driving token scarcity and potentially increasing value. The remaining half is distributed to RBLK holders, incentivizing long-term investment strategies and fostering a loyal community, and positioning it as one of the best cryptos to invest in.
At Stage 3 of the presale, the RBLK token trades at $0.014, which marks a 40% jump from its starting price.
Moreover the project has secured $770,000 in funding, with projections exceeding $1 million by June’s end. This robust performance could translate into major price gains. Analysts project a 3500% price increase following major exchange listings, solidifying RBLK as one of the most compelling investment opportunities.
Which Crypto To Get in the Upcoming Bull Market?
While both Bitcoin Cash and Uniswap have showcased bullishness on the charts, the most gains can be made with Rollblock.
With its unique revenue-share system, and major token utility, alongside its connection to an already established and licensed casino, it can dominate the charts in 2024 and beyond, making it one of the best cryptos to invest in.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
The post, "Bitcoin Cash Surges Past $400 – Where Next for BCH, UNI, RBLK in 2024?" appeared first
News source:https://www.kdj.com/cryptocurrencies-news/articles/bitcoin-cash-bch-uniswap-uni-rollblock-rblk-crypto-buy-diversification.html
The above is the detailed content of Bitcoin Cash (BCH), Uniswap (UNI), and Rollblock (RBLK): Which Crypto to Buy for Diversification in 2024?. For more information, please follow other related articles on the PHP Chinese website!