Rollblock Hits a $7m Milestone as Algorand Cools Off and Litecoin Eyes a Bullish Breakout, Signaling Exciting Opportunities in the Evolving Crypto Market

Algorand holders recently saw their weekly candle dip into the red, while Litecoin has seen an influx of investors smashing the buy button.

Algorand Hits a Roadblock, Litecoin Surges, and Rollblock Breaks Exciting New Ground in the Crypto Market

Get up-to-speed on the latest crypto market movements with Algorand cooling off, Litecoin heating up, and Rollblock hitting a new funding milestone.

Algorand Holders See Weekly Losses as Others Surge

Algorand saw a 20.9% decrease on the weekly time frame, dropping to $3.47 today. This pullback was bound to happen as Algorand has been in “up only” mode for the majority of November. In the last 30 days, Algorand gained over 184%, quickly rising from $0.12.

Recently Algorand set a new record for average daily transactions, which jumped by 104% to reach 4.7 million. Algorand also achieved the significant milestone of surpassing 2 billion transactions during the previous quarter — a testament to the Algorand ecosystem’s recent adoption. In terms of growth, Algorand took 4 years to achieve its first billion transactions, while the second billion was added in just one year.

Meanwhile, Litecoin enjoyed extremely bullish price action, gaining more than 40% this month to reach $111. The Litecoin market cap is now just over $9.33 billion, making it the 22nd largest crypto project in the space.

The Litecoin weekly chart is looking extremely promising, with strong Litecoin support at $110 and many traders targeting $400 as the next likely breakout. Prices are still a long way below Litecoin's all-time high of $413, which should be reclaimed during 2025.

Rollblock Offers Sports Betting for Web3 Gamers

The Rollblock presale continues to race through stage 9 of its fundraising offering, having raised over $7 million and currently priced at just $0.041.

From classics like roulette and Monopoly to brand-new exclusives, Rollblock offers an extraordinary variety of gaming experiences — and a sports betting feature will allow gamers to bet on a massive number of sporting events.

All Rollblock games are completely immersive, AI-powered gaming experiences and feature payouts in the native currency RBLK. A brand-new sports betting feature will further boost Rollblock's revenue at a time when its hugely varied offering of over 7,000 casino games is already bringing in enormous amounts of profit.

This gaming token has a hard cap of a billion coins, meaning that no dilution can take place thanks to the kind of token printing so common in the crypto gaming niche. In fact, Rollblock's supply is deflationary, as regular buybacks will see 60% of these purchases burned forever and the remaining tokens sent to staking rewards for committed community holders.

This will lead to an extremely bullish lack of selling pressure in the markets. The coming supply squeeze will be glorious to behold.

To learn more about Rollblock, visit the website and socials.