Dogecoin Investors Are Secretly Moving to This New ICO – What Does It Do?
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
As Dogecoin (DOGE) investors prepare to take profits on Monday following a notable technical breakout, many are turning their attention to a new ICO called Mega Dice (DICE) in the GambleFi space.
DOGE recently broke above its 50-day moving average (DMA) and a key downward trend channel, signaling the potential for a substantial rally.
With the Dogecoin price currently around $0.1060, investors are eyeing a potential move to yearly highs of $0.22.
As excitement builds, many Dogecoin holders are considering where to reinvest their profits, and Mega Dice’s new ICO has caught their attention.
The online gambling industry has long been marred by concerns over transparency and fraud.
Blockchain-based platforms are emerging as a solution, offering transparency through open ledgers and smart contracts.
GambleFi is one of the fastest-growing sectors within crypto, with platforms like Stake.com and Rollbit becoming well-known names.
However, a new player, Mega Dice, is gaining traction. This recently launched ICO is built into the popular encrypted messaging app Telegram, giving it access to the app’s 700 million monthly users.
This strategic integration offers easy entry into the world of GambleFi, with Mega Dice quickly establishing itself as one of the top Telegram-based casinos.
Despite its recent launch, Mega Dice has already attracted over 10,000 monthly users and processed $50 million in wagers.
Now, the platform is expanding its Web3 integration with the launch of its native token, DICE, currently available in a new ICO.
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