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As investors gear up for a bullish ‘Uptober’ rally, a new Solana token listing is seeing significant hype and FOMO.
The first GambleFi project on Solana – Mega Dice (DICE) – will officially launch on Raydium DEX on September 30th at 3 PM CET.
The Mega Dice presale has already provided a glimpse of the token’s upside potential, with an impressive $1.89 million raised despite the broader market uncertainty. With the presale scheduled to end in just 3 days, it wouldn’t be a surprise if this figure hits the $2 million mark.
Owing to the unique features of the Mega Dice casino and GambleFi’s upside potential, a few analysts are viewing DICE as the next 100x crypto.
Smart Money Investors Are Bullish On Mega Dice
Mega Dice has caught the attention of whales and smart money investors in its presale itself, which signals its high growth potential.
For instance, prominent trader Cilinix Crypto – with over 70k YouTube subscribers – has publicly revealed that he has invested in DICE.
Similarly, another popular crypto investor Michael Wrubel – who has north of 312k YouTube subscribers – also publicly backed the project, claiming that he is bullish on its upside potential in 2024.
It is not without any reason that the Mega Dice presale managed to raise nearly $2 million despite the broader market certainty. Several large whale investments have contributed to this figure.
For instance, one deep-pocketed investor invested purchased $20k worth of DICE in one transaction. A day later, another whale swapped $22k worth of SOL for the Mega Dice token.
Could Mega Dice Be The Next Rollbit?
Rollbit Coin (RLB) has been sidelined from this year’s meme-dominated bull cycle.
However, this trend is set to change. While meme coins will remain in high demand, the anticipated uptick in the market liquidity means utility-driven coins like RLB and DICE are also poised for remarkable growth.
As such, RLB is up by nearly 20% over the past month after a prominent crypto influencer claimed that it was highly undervalued.
Once RLB breaches its 200-day Simple Moving Average, it could see a strong bullish reversal and provide the ideal backdrop for the upcoming DICE listing.
Indeed, the Mega Dice casino has several unique selling points that make it a major player in the GambleFi space.
It offers over 4000 games from top providers as well as more than 50 sports and eSports. The casino boasts over 50,000 registered players on the platform, which results in an average monthly wagering volume of $50 million.
Moreover, Mega Dice will soon allow Futures trading from its platform, with up to 1000x leverage.
However, this isn’t all. There are plenty of monetary perks and rewards in store for casino players and DICE holders.
This includes daily rewards for token holders based on the casino’s performance, limited edition NFTs and a generous 25% revenue share through its referral program. DICE holders can also stake their coins and earn attractive passive income at an APY of up to 100%.
Mega Dice will also organize regular airdrops for casino players and token holders, rewarding them for their community and offering them additional income streams outside of DICE’s market performance.
Could DICE Be The Next 100x Crypto?
As previously stated, smart money investors are bullish on Mega Dice, thanks to the unique features of its casino and GambleFi’s upside potential.
Most importantly, the DICE listing is ideally timed for maximum returns.
Indeed, the crypto market is on an uptrend, with the Bitcoin price set to push towards new all-time highs. The quantitative easing in major economies, including the USA and China, means the global financial markets are set to see a strong uptick in liquidity.
This is the perfect scenario for risk assets like new low-cap cryptocurrencies. As such, smart money investors are seeing a strong likelihood of a major “Uptober” rally in a few days. Unsurprisingly, a new Solana token listing on the last day of September is creating quite a buzz and smart money investors are hyped.
For instance, popular trader Crypto Boy is calling Mega Dice the next 100x crypto.
Crypto YouTuber ClayBro – who has over 130k subscribers – has gone a step further, calling it a potential 100x gem.
Interested buyers still have 3 days to buy DICE at its discounted presale price and reap the maximum returns.