Solana’s hottest new GambleFi token, Mega Dice ($DICE) has raked in almost $1.9 million so far in an ongoing presale that will end in five days.
Crypto experts are lauding Mega Dice as a brilliant new token offering from what an online brand that is already a well-established name in GambleFi.
Mega Dice launched last year as the world’s first licensed crypto casino accessible through the popular messaging app Telegram and has since attracted 50,000 players.
Others have since followed suit and launched iGaming bots on Telegram, most notably TG Casino.
Mega Dice’s website currently offers gamers over 4,500 ways to win money, including classic staples like slots, roulette and blackjack, in addition to a comprehensive bookmaker that streams the most popular games from a selection of over 50 sports and esports.
The bookmaker currently collects average monthly wagers totaling $50 million between some 10,000 monthly active users.
The ICO for Mega Dice’s new Solana token $DICE turbocharges the online casino’s services to a whole new level. As the platform’s native token, players can use $DICE to fund games and receive payment, with some games requiring the token.
Let’s see why investors pumped nearly $2 million into GambleFi’s hottest ICO.
Solana’s Mega $DICE: GambleFi Utility In Spades
$DICE has a hard supply cap of 420 million tokens, with 35% allocated to the presale, where the token sells at a current fixed price of $0.116056 per coin. This is a guaranteed fixed price, so if the token does well on the open market, there is a chance it could never be this cheap again.
Given the fact that million dollar presales are rare, this $2 million ICO bodes well for Mega Dice’s potential appreciation.
$DICE holders don’t necessarily need to risk their tokens at the casino to get rewards. They can stake them to earn passive income, with 10% of the total supply earmarked by the casino for staking rewards.
$DICE is integrated into the Solana-based casino’s loyalty program, offering more generous rewards to gamers who play with the native token. Mega Dice is the only GambleFi coin that distributes a share of profits to its users on a daily basis through its novel staking system.
It also unlocks access to exclusive competitions and VIP experiences.
Then there’s also the casino’s buyback and burn program, which reduces the supply, increasing scarcity and potentially pumping value.
In sum, $DICE is on a roll. The Mega Dice token offering is a brand new GambleFi token in a fast-growing sector, backed by a well-established brand, transparent tokenomics, strong fundamentals, and utility beyond gaming.
Given the multiple ways investors can put their DICE to work, it’s obvious why GambleFi investors are stacking Mega Dice.
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The post Crypto Pros Are Stacking This New Solana Casino Coin – Here’s Why appeared first on Cryptonews.
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