Dogecoin Holders Pivot to New ICO, Targeting 100x Gains

Posted on
Joel Frank

Last updated: | 2 min read

Dogecoin Holders Pivot to New ICO, Targeting 100x Gains

Dogecoin Holders Pivot to New ICO, Targeting 100x Gains / Source: Cryptonews

With Dogecoin (DOGE) struggling to break free from a recent downturn, despite a slight rebound from Monday’s low, Dogecoin holders are turning their attention to a new ICO in the GambleFi sector, hoping for potential returns.

DOGE was last trading just under $0.10, having dipped as low as $0.08 on Monday, its lowest level since February. This represents a recovery of more than 20% from that low point.

However, this upswing doesn’t necessarily signal that the bulls are back in control. DOGE remains vulnerable to another sell-off, given its persistent presence within a longer-term downtrend. Pushing back north of the $0.11/12 resistance area may prove challenging.

Dogecoin Holders Pivot to New ICO, Targeting 100x Gains
DOGEUSD / Source: TradingView

While a return to higher price points isn’t impossible, the current market suggests it will be an uphill battle for Dogecoin.

Given this context, it’s understandable that Dogecoin holders are seeking alternative investment opportunities with the potential for stronger near-term gains. A new ICO, seeking to be a future GambleFi leader, called Mega Dice (DICE), is attracting considerable interest.

Cryptonews.com analysts have identified this new ICO as a potential standout opportunity for August.

New ICO Mega Dice (DICE) – One of August’s Best Presale?


Mega Dice, a crypto casino platform, is not new to the scene. The platform already boasts over 10,000 monthly users and reports $50 million in monthly wagers, according to its official website.

Mega Dice is now strategically leveraging this traction to expand its utility and web3 integration through the launch of its DICE GambleFi token in a new ICO.

This robust existing foundation appears to be driving strong interest in the new ICO. Mega Dice has already secured nearly $1.7 million in DICE token sales.

At $0.105266 per token, DICE is valued at a very modest sub-$40 million market cap. That’s very low considering the amount of real-world adoption Mega Dice’s platform is already garnering.

With crypto casino project Mega Dice already a market leader in GambleFi, its coin could one day be worth over billions of dollars.

This could easily be a 50-100x coin, which could rank it as 2024’s best presale.

Cryptonews.com’s inhouse analyst Crypto Arjay explains DICE’s 100x potential below.

So, what are the benefits for DICE holders? DICE functions as a VIP token within the Mega Dice casino ecosystem, granting users cashback rewards on wagers and access to exclusive NFTs that unlock premium gaming benefits.

Additionally, the attractive staking yield offered by DICE is drawing attention from the DeFi community.

Mega Dice is also conducting a $750,000 airdrop to reward early participants in the presale.

Investors are encouraged to conduct thorough research to evaluate the potential of this new GambleFi ICO.

Check Out Mega Dice Casino’s Presale

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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