Retardio ($RETARDIO) has soared more than 70% following the opening of its casino, Retardio Casino, on October 6th. Appealing to the degen investor community, Retardio Casino offers numerous benefits for its users, more than 9,000 games, and an upcoming lottery.
As the news of Retardio’s success still shakes up the GambleFi coin space, investors are eyeing other tokens in the space that could provide gains.
Retardio Sets Up to Take Dominant Position in GambleFi Market as Traders Predict 100x Gain
Retardio entered the GambleFi coin space in June when the overall crypto market sentiment was bearish. Despite the market’s volatility, Retardio steadily rose from its initial price of $0.01876 on June 20th to $0.1348 in mid-July.
Now, Retardio is up to $0.157 after launching its new casino platform, a gain of more than 730% since the token’s inception. Its market cap is over $150 million, an impressive feat for a relatively new GambleFi coin.
The question for traders now is where $RETARDIO’s price could go next. Can it keep its strong momentum going and push even higher, or have we already seen the top?
Based on our analysis, Retardio’s rise is just getting started. The casino platform has been operating for less than 2 weeks, and the consensus among early users is that it’s one of the best casino apps in the GambleFi space.
That’s a big deal because it could help Retardio attract even more users and win a larger share of the growing crypto gambling pie—which analysts expect could be worth $65.7 billion by 2027. Even if Retardio captured just a 1% market share, that would equate to a market cap of $657 million—more than 4x the $RETARDIO token’s valuation today.
Technical analysis also indicates that the coin’s momentum is far from exhausted. $RETARDIO has pulled back slightly from an all-time high of $0.1987 it hit on October 13, but it still has a bullish moving average pattern and trading volume of $6 million. The current pullback looks like a brief consolidation before another move higher, perhaps as soon as next week.
We predict $RETARDIO could jump to $0.21 by the end of the year, then rocket upwards to $0.295 by the end of 2025. That’s a fairly quick potential gain of 88% from today’s price.
It’s also a fairly conservative forecast compared to what some analysts are saying about $RETARDIO. @Ymemevest, a trader on X who calls himself a ‘Meme Coin Magician,’ predicted that $RETARDIO is due for a breakout and could hit a market cap of $6 billion—which equates to a token price of roughly $6.15.
I am not much of a trader but the #RETARDIO chart looks like it has bottomed here and will go up from here unless $BTC sneezes.
Ultra bullish!
$RETARDIO will go up regardless, the question is simply “when” not “if”
$6bn minimum pic.twitter.com/JNuLq0IUaT— Ymemevest (@Ymemevest) October 17, 2024
If that proved true, Retardio would be a dominant player in the blockchain gambling landscape—and investors who buy the token today would be richly rewarded.
Some experts also believe that the GambleFi space as a maket is undervalued, and that certain coins could give 10x to 50x gains.
GambleFi tokens are severely undervalued.
Top most GambleFi token – $RLB is sitting at only $172M marketcap.
– $500k (aprx) in 24h Casino Revenue
– $19M in past 30 days
– 51.73% of supply burnt
– Chart forming bullish sturcturesee you in Billions.. https://t.co/cSyyA33h1l pic.twitter.com/xOhB8GWRon
— Mags (@thescalpingpro) October 14, 2024
One of the most promising new entrants in the GambleFi space is Memebet, which is currently holding its token presale.
New GambleFi ICO for Memebet Token Raises Over $470,000 as Investor Interest Grows
Memebet Casino ($MEMEBET) plans to launch the world’s first Telegram-integrated, no-KYC casino with support for all of the most popular meme coins.
The casino intends to let its users wager using Doge, Pepe, Shiba Inu, Floki, and other meme coins—something that isn’t possible at most existing crypto casinos, which mainly accept Bitcoin, Ethereum, and stablecoins like Tether.
Players at Memebet Casino will also be able to wager with Memebet Casino’s native token, $MEMEBET, which offers several advantages. Memebet token holders will have access to unique bonuses in the casino, while early backers can benefit from the Memebet Airdrop campaign—for which the team has set aside 400 million tokens.
With 70% of the total 2 billion token supply allocated to the presale, Memebet Casino’s developers have ensured everyone has an opportunity to stock up on $MEMEBET tokens ahead of the casino’s launch, scheduled during the presale.
Clawing my way to the jackpot pic.twitter.com/rrDovcTZoO
— MemeBet (@Memebetcasino) October 16, 2024
Getting into the Memebet presale is easy, and there’s no minimum investment required. Investors can purchase MEMEBET using ETH, BNB, MATIC, USDT, or a credit or debit card.
Those who participate in the presale also have a chance to win $1,000 worth of $MEMEBET tokens through its recently announced giveaway. To participate, investors simply have to join Memebet Casino’s growing X (Twitter), Telegram, and YouTube communities and provide their presale wallet address.
The project’s smart contract has been audited by Coinsult, which found no critical threats to investor security.
Memebet’s roadmap shows the developer team’s strong focus on its future success, with numerous upcoming rewards, the introduction of new meme coins to the platform, and several marketing pushes.
ClayBro, a crypto analyst, believes Memebet’s unique position between the GambleFi and meme coin markets offers a lot of potential. He advises his 130,000-strong YouTube audience to take a look at the token, as he believes the current price is the lowest we’ll see it go.
With just under two days until the next $MEMEBET token price increase, now is the best time to jump into the Memebet token presale.
