As the XRP (XRP) price consolidates just to the north of its 50 and 200DMAs, holders are betting big on an alternative new ICO that could deliver even bigger gains.
XRP appears to have formed a pennant structure in recent weeks.
A breakout could trigger a swift rally back to 2024/late 2023 highs in the $0.75 area.
If the broader crypto market sees a more prolonged pump on optimism surrounding Fed rate cuts, which began on Wednesday, XRP could pump as far as its 2023 highs in the $0.95 area.
That could mean 60% gains from current levels.
Alternatives With Bigger Upside Potential – What Are They?
However, some crypto investors are looking for much bigger upside potential.
They often turn to the highly volatile and unpredictable meme coin markets.
While meme coins can deliver a big upside—here are 18 new meme coins that Cryptonews.com thinks have big potential—their lack of inherent use case means that investors are taking a big risk.
A better bet might be to buy a new ICO in high-growth niches within crypto.
Examples could be DeFi, GameFi, and RWA Tokenization.
One of the most promising and fast-growing niches in crypto is GambleFi.
Blockchain/smart-contract Gambling platforms are threatening to take over the online gambling industry thanks to their better security and transparency.
Platforms like Stake.com and Rollbit are already making waves.
However, one new ICO in the GambleFi space called Mega Dice (DICE) is coming into the industry from a new, innovative angle.
Mega Dice (DICE) is en route to become one of the most widely used Telegram crypto casinos.
Building on Telegram has big benefits, the main one being instant, easy access to the platform for Telegram’s more than 700 million monthly users.
Here’s everything you need to know about the new ICO Mega Dice.
New ICO Mega Dice – Everything You Need to Know?
Mega Dice is an already established Telegram crypto casino with over 10,000 monthly users and $50 million in monthly wagers, per its website.
The crypto casino is expanding its utility and Web3 integration with the launch of its native DICE token, which is currently available in a new ICO.
DICE is packed with utility.
Its holders benefit from massive cashback benefits on their wagers and access to limited edition NFTs.
They also benefit from passive income via staking and a generous refer-to-earn program.
Per the website’s staking dashboard, DICE staking yields are currently nearly 300% APY.
New ICO is also drumming up hype via one of crypto’s most exciting airdrops.
Mega Dice platform users can gain a portion of a massive $750,000 upcoming airdrop.
With the new ICO DICE set to launch on Solana DEX Raydium in 11 days, traders don’t have long to get in at a low price.
How High Can Dice Go?
DICE has the potential to outperform major cryptos such as XRP massively.
That’s certainly the view of dozens of widely known/followed crypto analysts on YouTube.
Crypto June, ALROCK, and Zach Humpries think Mega Dice can rival or even surpass Rollbit.
Zach explains that he thinks the new ICO DICE has at least 10x potential.
DeFi Shaun, via his YouTube channel, predicts gains of as much as 1000x, though that might be a little far-fetched.
Still, it’s obvious that DICE has big upside potential if it can become one of the leading GambleFi protocols in the space.
This isn’t a presale to miss out on.
The post XRP Holders Are Betting Big on This New ICO – Could It Deliver 1,000% Profits? appeared first on Cryptonews.
