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The BOBO Coin Price jumped 44% in the last 24 hours to trade at $0.000001406 as of 05:43 a.m. EST on trading volume that skyrocketed 65% to $5.4 million.
BOBO Coin Price To Continue Soaring
The BOBO price has been on a downtrend from the beginning of August to the beginning of September, dropping from the $0.000001424 to the $0.000000513 support, according to data from GeckoTerminal.
However, the bulls seem to have support at this level, with the price of BOBO soaring back to the resistance zone, forming a rounding bottom pattern.
The BOBO Coin price bulls aim to capitalize on the pattern and keep pushing the token up. The price of BOBO now trades above both the 50-day and 200-day Simple Moving Averages (SMAs).
The Relative Strength Index (RSI) further supports the bullish stance, with the RSI soaring above the 70-overbought region, currently at 80, showing that the asset is currently under intense buying and is overvalued.
Moreover, the BOBO price is currently on sustained positive momentum, as shown by the Moving Average Convergence Divergence (MACD) soaring past the neutral line.
If the bulls sustain this momentum, the price of BOBO could soar further above $0.00000250 as they target that level.
However, if the bears take charge of the price at this level, the 50-day SMA acts as the immediate support zone around $0.000000855.
As the BOBO price soars, investors are also rushing to buy a new GambleFi project on Solana called Mega Dice (DICE), which has only 11 days left in its presale.
We’re in the #FinalStretch of our #Presale with just 13 days left until we go live on DEX (Raydium) on September 30th!
⏰ Don’t miss out on this last chance to get in before trading begins.Get ready for takeoff and secure your spot now! 🚀 🔥➡️https://t.co/Pk6R16oOKk
— Mega Dice Casino (@megadice) September 17, 2024
Mega Dice Presale Blasts Past $1.8 Million
Mega Dice, which has raised over $1.86 million so far, has an established position in the crypto gambling space. The platform operates on the Solana blockchain and has 10,000 active users who wager over $50 million every month.
WARNING: Time’s Almost Up to Grab $DICE at the Lowest Price! 🚨
The $DICE presale is about to close its doors, with the last price increase happening this Tuesday! This is your absolute final chance to get in on the best #GameFi token on #Solana before the price skyrockets! ⏳… pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
Mega Dice has implemented several strategies to engage users. It features a “Refer & Earn” program, allowing users to earn a percentage of spending from referrals.
The project has also launched a $2.25 million airdrop campaign in three phases. $DICE holders benefit from staking rewards tied to the casino’s revenue.
Users can also benefit from the platform’s unique staking mechanism, which gives holders a short of the casino’s profits.
According to 99Bitcoins, a prominent crypto channel on YouTube, $DICE has the potential to surge 100X after its launch.
To join the presale, you can buy $DICE on the official website here for $0.116056 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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