Join Our Telegram channel to stay up to date on breaking news coverage
The Retik price has dipped by 23% in the past 24 hours to trade for $1.1973 as of 04:31 a.m. EST.
Trading volume has dipped by almost 10% within the same timeframe amid an ongoing selloff. It comes as markets book profits accrued from the listing hype. Notably, RETIK token is now live on DigiFinex for spot trading. The token is also live on BitMart and Bitget exchanges.
🆕Spot New Listing $RETIK#DigiFinex is excited to announce the listing of $RETIK @retikfinance!
⏰Deposit opens: May 21st 2024 12:00 (UTC)
🔔Trading starts: May 21st 2024 12:00 (UTC)Trading Link: https://t.co/JqBBgxXedU
Listing info: https://t.co/UNUrav1sVe pic.twitter.com/E0lbHu7m13— DigiFinex Global (@DigiFinex) May 19, 2024
Token listing is a bullish catalyst. When a cryptocurrency goes live for trading on an exchange, it typically leads to increased trading volume and liquidity for that token. More investors and traders can access the token. This can lead to increased buyer interest, potentially driving up the price.
More closely, listing on a popular exchange makes the asset more visible while at the same time increasing awareness around it. New investors are likely to pull toward the project, translating to increased demand and price by extension.
Just 1 day to go for the Retik Finance launch! 🚀$RETIK will be listed on @Uniswap , @LBank_Exchange , @MEXC_Official , and many other exchanges tomorrow at 12PM UTC. 😍
Don’t miss out on this incredible opportunity to get in early and be a part of the future of DeFi.
Stay… pic.twitter.com/vjfSyNQYrR
— Retik Finance (@retikfinance) May 20, 2024
Nonetheless, the typical ‘buy the rumor sell the news’ situation also takes shape after such an event.
Retik Price Prediction As Investors Cash In On RETIK Listing Hype
The Retik price is consolidating within a falling parallel channel on the 15-minute timeframe. The Relative Strength Index (RSI) remains subdued below the mean level of 50. Multiple attempts to overcome this threshold have proved futile as the RSI corrected lower in a wave-like motion.
The Moving Average Convergence Divergence (MACD) is also in negative territory. This suggests that the momentum of the Retik price is bearish and trending downwards. If seller momentum increases and the Retik price drops below $1.1241, the bullish thesis would be invalidated.
GeckoTerminal: RETIK/USD 15-min chart
On the other hand, if the bulls increase their buyer momentum, the Retik price could extend the gains. A sustained series of higher highs could see the altcoin test the $1.2968 resistance level.
Flipping this barricade into a support floor could send the Retik price to the $1.4270 resistance level. This would confirm a breakout above the bearish technical formation, setting the tone for more gains.
Traders looking to take long positions on RETIK should probably wait for the price to break and close above the aforementioned level. A stable close above the mean level of 50 would also reinforce the bullish supposition.
Meanwhile, experts say DICE, a Solana GameFi gem might be the best crypto to buy now. Renowned crypto YouTuber Michael Wrubel explains why he is bullish on the project. He says it could be the next big thing as it offers a remarkable revenue-sharing opportunity.
Promising Alternative To RETIK
DICE is the token powering the Mega Dice ecosystem. It serves as the utility token for the platform, enabling user access to premium content. It also provides entry into community governance, with holders being able to redeem exclusive rewards and benefits.
The rapidly growing global crypto casino brand, Mega Dice, boasts upwards of 50K players and 10K in community membership, according to the website. Advertising itself as a veteran in the casino landscape, the project focuses on growth and adding value to players. This is best seen in the introduction of $DICE, presented as the leading GameFi token on the Solana blockchain. DICE brings the ultimate casino token experience to users.
Another milestone reached here at Mega Dice Casino 🤩
We now have 10,000 members in the $DICE Telegram #SuperCommunity. Daily chats about #DICE, utilities, partnerships, assistance with technical issues and much more happening as we speak! 🚀 😎
BUY $DICE NOW:… pic.twitter.com/gyU59v7f87
— Mega Dice Casino (@megadice) May 21, 2024
Mega Dice’s DICE token runs on the Solana network, which makes SOL the preferred currency for the presale. The project also accepts Ethereum (ETH) and Binance Chain (BNB), which ensures accessibility for most crypto investors.
𝗡𝗲𝘄 𝗘𝘅𝗽𝗿𝗲𝘀𝘀 𝗟𝗶𝘀𝘁𝗶𝗻𝗴! 🔥
SolDice | #DICE🔥 Today Trends | @soldicesolhttps://t.co/slW7t3rDC2#SOL #BONK #RAYDIUM #SOLANA
— Listing | NTM.ai (@listingntm) February 9, 2024
Mega Dice Casino also announced on their X account that they now accept TON for both website and Telegram casino transactions. TON stands out for its reliability, eco-friendly nature, and lightning-fast transactions.
🚀 Big news, Mega Dicers! 🚀
Mega Dice Casino now accepts TON on both our website and Telegram casino💰
TON stands out for its reliability: eco-friendly, secure, and lightning-fast transactions ⚡️
Join here: 👇🏻
🔗 https://t.co/FjIFjfAnCY pic.twitter.com/XDn6JtH3GE— Mega Dice Casino (@megadice) April 19, 2024
Following the presale, Mega Dice will distribute the tokens to investors simultaneously with the initial exchange listing. This listing will take place on a decentralized exchange supporting SOL tokens, such as Jupiter or Raydium.
From the onset, the Mega Dice ICO was off to a strong start. Presale sales have been booming all along, with more than 17.654 million DICE tokens bought so far amid investor eagerness. As the project hurtles toward the 28.7 million target, presale collections have reached over $1.239 million so far, with each DICE token now selling for $0.075.
Offering an array of games and enticing bonuses, Mega Dice enhances its platform with the $DICE token presale. It provides holders with exclusive benefits including staking rewards, NFTs, revenue share, referral bonuses, and airdrops.
If all these interest you, then you should probably act now. Navigate to the website where you can access DICE tokens are presale rates.
Visit and buy DICE here.
Also Read:
Mega Dice – Newest GambleFi Token
- Established Crypto Betting Brand
- Featured In Cointelegraph – First Licensed Telegram Casino
- Presale Live Now – megadicetoken.com
Join Our Telegram channel to stay up to date on breaking news coverage
Credit: Source link
