FLOKI bulls are eyeing a rapid 50% rally from current levels around $0.00021 to year-to-date highs above $0.00031 after a major technical break, and its holders are looking at Mega Dice (DICE) and People are starting to flock to a new crypto casino project called.
FLOKI has moved north of an ascending triangle pattern this week, rising above the major moving averages.
The broader crypto market has been buoyant this week on weak US CPI data and optimism in Bitcoin ETFs.
Weaker-than-expected U.S. inflation data has raised hopes that the Fed will cut interest rates later this year.
us core #inflation The Fed and financial markets were relieved as temperatures cooled for the first time in six months. Core CPI, which excludes food and energy costs, rose 0.3% month-on-month in March, after rising 0.4% month-on-month in the previous month. On a year-on-year basis, in April he increased by 3.6%, after increasing by +3.8% year-on-year in March. whole… pic.twitter.com/0MzgiswrxF
— Holger Zeshapitz (@Schuldensuehner) May 15, 2024
This appears to have refocused institutional investors on Bitcoin ETFs, with the product enjoying net inflows throughout the week.
This was joined by 13F filings showing that over 500 asset managers gained exposure to Bitcoin ETFs in the first quarter.
It's no wonder the market is rising, and with it so are meme coins like Floki.
The surprise return of legendary GameStop investor Roaring Kitty on Monday also fueled hopes that meme stock/meme coin season is back.
FLOKI's next upside target will be a retest of its late March highs around $0.27.
Beyond that, the all-time high in March above $0.31 will be involved.
As Floki gears up for a rally, profit-seeking Floki holders are flocking to crypto casino project Megadice, with some suggesting 100x returns are possible in 2024.
Mega Dice is an established crypto casino that already boasts over 10,000 monthly users and $50 million in monthly wagers.
The crypto casino is expanding its utility and Web3 integration with the launch of the exciting new DICE GambleFi token.
This is why this could be the best pre-sale of 2024.
Crypto Casino Project Mega Dice (DICE) – Best Pre-Sale of 2024?
Thanks to an already sizable user base and exciting value proposition, DICE's pre-sales are going very well.
Mega Dice has already sold nearly $1.1 million worth of tokens.
$DICE We raised $1 million in pre-sale! 🚀🚀
this #Million Dollar Milestone This brings us even closer to the GameFi revolution. What happens next? 👇
Next tier price: 0.075 💰
Next presale goal: $2 million 💰
We are implementing a gradual price increase, so please be sure to secure your usage fee. $DICE… pic.twitter.com/MDfn5lVhju
— Megadice Casino (@megadice) May 15, 2024
At $0.075 per token, DICE has a very modest market cap of $33 million. This is extremely low considering the amount of real-world adoption that Mega Dice's platform has already seen.
Crypto casino project Mega Dice is already the market leader on GambleFi, and its coins could one day be worth billions of dollars or more.
This could easily be a 50-100x coin and could rank among the best pre-sales of 2024.
Another milestone achieved at Mega Dice Casino 🤩
We currently have 9000 members. $DICE Telegram community 📈
$70,000 left to reach $1 million – get it! $DICE Before the next price increase ⏳
🔗 https://t.co/Pk6R16oOKk pic.twitter.com/vZCPF0Kzs0
— Megadice Casino (@megadice) May 13, 2024
In terms of what DICE holders can expect, there are hefty cashback rewards on stakes, access to limited-edition NFTs that grant VIP Megadice gaming benefits, impressive staking and Megadice's generous referral earning program. It's passive income.
https://x.com/megadice/status/1790762975143285230
The crypto casino project is also conducting a $750,000 airdrop to reward early pre-sale investors. Mega Dice also runs a referral system.
Check out the Mega Dice Casino presale
Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You could lose all your capital.
