Top 3 Crypto Gainers This Altcoin Season: BNB, MATIC, and RBLK

Altcoin season happens once Bitcoin stabilizes in a bull run, and while the bull run is far from over, altcoins – all coins that aren't Bitcoin

As Bitcoin price action gathers steam in a bull run, investors begin to shift their focus to altcoins. This is because, during a bull run, Bitcoin tends to rise quickly, followed by a period of consolidation. While Bitcoin is still rising during this consolidation period, altcoins typically start to see significant gains.

This is due to a few reasons. First, Bitcoin’s gains during a bull run are usually so large that it becomes difficult for smaller altcoins to keep up. Second, many investors are looking for the next "big thing" in crypto, and altcoins often fit the bill. Finally, altcoins are often more volatile than Bitcoin, which can lead to faster and larger gains (and losses).

Of course, not all altcoins will perform well during an altcoin season. Some may even decline in value. However, there are a few types of altcoins that tend to perform better than others during this period.

Utility Tokens

Utility tokens are cryptocurrencies that drive the functionality of a platform. For example, BNB is the native token of the Binance ecosystem, and it is used to pay for trading fees, power decentralized applications (dApps) on Binance Smart Chain (BSC), and participate inBinance Launchpad, among other things.

Another example is MATIC, which is the native token of Polygon. MATIC is used to pay for gas fees on Polygon, which is a Layer-2 scaling solution for Ethereum. MATIC is also used to stake validators on the Polygon network and to participate in decentralized autonomous organization (DAO) governance.

Utility tokens are typically used to access the services or products offered by a particular blockchain project. They play an important role in the functioning and maintenance of the platform. During an altcoin season, utility tokens are often among the best performers, as they are directly tied to the usage and adoption of the underlying platform.

Casino Tokens

Another type of altcoin that tends to perform well during an altcoin season is casino tokens. These are tokens that are used to gamble on online casinos. Online gambling is a multi-billion dollar industry, and it is rapidly shifting towards cryptocurrency.

Casino tokens are used to place bets on casino games, and they can be redeemed for fiat currencies or other cryptocurrencies. Some casino tokens also pay out a portion of the casino’s revenue to token holders. This can create a passive income stream for investors.

One of the best casino tokens on the market today is RBLK. RBLK is the native token of the Rollblock online casino dApp, and it is used to place bets on over 150 casino games, including slots, table games, live dealer games, and more.

Rollblock is built on the Ethereum blockchain, and every transaction is immutably recorded on the blockchain. This ensures that all games are provably fair and that both the casino and the players are playing by the rules.

In addition to being used to gamble on casino games, RBLK is also used to stake validators on the Rollblock network and to participate in casino governance. Furthermore, Rollblock pays out 70% of its weekly revenue to RBLK token holders.

Investors can now participate in the third presale phase of the RBLK token for $0.0158. The total supply of RBLK is capped at 1 billion tokens, and 20% of the tokens are being sold during the presale. The presale has already raised over $3.5 million and is almost 87% sold out.

The above is the detailed content of Top 3 Crypto Gainers This Altcoin Season: BNB, MATIC, and RBLK. For more information, please follow other related articles on the PHP Chinese website!