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The Toncoin price has surged 20% in the past 24 hours to trade for $7.2793 as of 08:23 a.m. EST on trading volume that skyrocketed 210%.
It comes amid hype around the Catizen GameFi expansion after an announcement from Fanton. Based on a post on X, Fanton, a P2E-game, and Catizen, a cat-themed metaverse, are coming together in a collaboration that will benefit TON.
⚽️ Fanton ✕ Catizen 😼
We are pleased to announce great collaboration with Fanton!🔥
Let’s join forces to develop on TON!👉 About Fanton:
📚 Fanton is a p2e-game where you choose football players who you believe will perform in REAL matches this weekend in the top leagues of… pic.twitter.com/aRKVCDvovw— Catizen (@CatizenAI) May 13, 2024
With this surge, TON has earned a place on Crypto Bubbles’ top gainers’ list. It is also at the helm of WEEX crypto futures trading platform’s list of top gainers.
💸#WEEX Daily TOP 5 Gainer (May 13,2024)!
💰 $TON $SHIB $RUNE $AAVE $BTC
Tag us & tell us which coins are your top picks!🙌Register Instantly Here (Fastest Signup in Crypto)https://t.co/141GXEWBDP#weexexchange #CryptoGains #cryptoMarket #WEEXTop5 pic.twitter.com/bj5aPzihqJ
— WEEX (@WEEX_Official) May 13, 2024
From a technical perspective, the Toncoin price is primed for more gains as buyer momentum continues to grow. The volume profile shows large spikes in the nodes, pointing to strong bullish sentiment in the TON market.
The Relative Strength Index (RSI) also shows higher lows, suggesting rising buying momentum. In the same way, the Moving Average Convergence Divergence (MACD) is also treading above the orange band of the signal line. This, coupled with the green histograms of the MACD in positive territory solidifies the uptrend for the Toncoin price.
Increased buying pressure above current levels could see the Toncoin price reclaim the $7.8556 range high. This level was last tested on April 11.
GeckoTerminal: TON/USDT 1-day chart
Converse Case
On the flip side, if profit taking becomes the order of the day, the Toncoin price could drop. A loss of the 61.8% critical Fibonacci retracement level as support would be detrimental. However, for the bullish thesis to be invalidated, the bears must haul the TON price below $4.5848. Besides producing a lower low, such a move would also confirm a reversal of the trend.
Traders looking to take short positions on TON may want to consider waiting for a candlestick close below this level.
While the TON train looks to have already left the station, Mega Dice token DICE is just getting started. Crypto YouTuber Michael Wrubel explains why he is bullish on the project, adding that it could be the next big thing as it offers a remarkable revenue sharing opportunity.
Promising Alternative To Toncoin
DICE is a new token on the Mega Dice ecosystem, serving as the utility token for the platform to enable users to access premium content. It also provides holders with exclusive benefits, including staking rewards, NFTs, revenue share, referral bonuses, and airdrops.
A rapidly growing global crypto casino brand, Mega Dice boasts upwards of 50K players who wager more than $50 million every month.
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, the new, leading GameFi token on the Solana blockchain.
$DICE Token Launch! 🏆
The moment we’ve all been waiting for is finally here! The #DICE #TokenLaunch is LIVE! 🚀
If you participated in our presale, here’s how you can claim your tokens:
– If you used SOL to buy $DICE, you’ll receive an airdrop—just sit back and relax!
– If… pic.twitter.com/l35GMlfj4w— Mega Dice Casino (@megadice) May 8, 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 accepts 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.
Buy Mega Dice In The Presale
More than 13.538 million DICE tokens have been snapped up so far for a total that’s fast approaching $1 million.
Each DICE token is currently selling for $0.069.
Visit the official Mega Dice website 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
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