Dogecoin Holders Pivot to New ICO, Targeting 100x Gains

cryptonews.com:

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.

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.

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.

#DICE presale has raised $1.6 MILLION!