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Big gains are on the cards for Mega Dice token ($DICE), says a leading industry analyst. The new GameFi cryptocurrency has just seven days left in its presale before it launches on exchanges, marking a crucial time for prospective investors.
Throughout the presale, Mega Dice token has already raised $1.8 million.
99Bitcoins analyst says, “$DICE is a 100X gem”
Umar Khan from 99Bitcoins’ YouTube channel speculates that Mega Dice token presale investors could see up to 100x returns after the upcoming exchange listing.
35% of the total token supply is earmarked for the campaign.
Should the $DICE token value rise by 100x, that could put $DICE’s fully diluted market cap (FDV) at almost $600 million, making it one of the leading GameFi tokens on the market today, rivaling the likes of Notcoin and Axie Infinity.
And it wouldn’t be without merit. As highlighted by Umar Khan, Mega Dice is one of the top crypto casinos, boasting 10,000 active players who wager $50 million monthly.
The project also offers over 4,000 casino games and 50 sports and eSports events.
Mega Dice has been operating for a while, but $DICE is brand new. The token will add value to existing players while also attracting new ones to its ecosystem.
Unlike a lot of new GameFi projects on the market, Mega Dice token is starting with the odds on its side.
It has a thriving ecosystem and tons of engaged players who will want the token, especially due to the inherent benefits of holding it.
Get daily staking rewards, limited edition NFTs, and more with $DICE
Mega Dice token strengthens its appeal with innovative utilities.
Topping the list is staking rewards. Users will generate passive returns by simply depositing their holdings into the Mega Dice token staking contract.
10% of the total token supply is earmarked for staking.
Other features include limited edition NFTs, exclusive advantages and rewards in the casino, and a referral program.
The team are also launching a buyback program, where they will purchase $DICE tokens from the open market with a portion of the casino’s revenue. This aims to ensure sustainable price growth for $DICE, aligning its value with the casino’s success.
Futures trading coming soon – more buyback ammunition?
It’s no secret that crypto exchanges are a big business – just look at Coinbase – it is valued at $38 billion on the U.S. stock market.
However, in the last two years, decentralized exchanges (DEXs) have become more powerful, even to the point that users might one day forgo their centralized counterparts.
Previously, traders were limited to buying and selling assets on DEXs, but that has all changed. More advanced iterations, including new features like leveraged trading, are emerging.
Mega Dice wants a slice of the action and will soon enable futures trading on its platform. This is yet another advantage of over its competitors.
Users will be able to trade cryptocurrencies with up to 1,000x leverage, which is ten times the market average of 100x.
The trading fees generated will be another revenue stream in the Mega Dice arsenal. This could bolster its token buyback initiative, causing the $DICE price to rise.
Traders bet on Mega Dice’s winning track record
Investors place reputation in high order, so they’re seizing the $DICE presale opportunity with both arms.
Mega Dice was the first Telegram-based casino to secure a Master’s Gaming license in 2023.
Moreover, its vast user base proves the team is legitimate and capable of building a successful product. This could make it a safer alternative to other presale cryptocurrencies.
In an industry troubled by scams and distrust, Mega Dice’s extensive track record is a breath of fresh air.
Coupled with its analyst support and $DICE token utility, this project is one to watch as it ventures toward its exchange launch.
The presale will end later in September, so time is running out for prospective buyers.
Follow Mega Dice on X or join its Telegram for updates. Alternatively, visit its website to buy tokens.