Newly emerging TG.Casino ($TGC) recently crossed the $1.3 million milestone as investors rushed to the Telegram-based casino.
With Rollbit surging by over 25% this week, it seems that investors are looking for alternative projects that can provide similar 50x returns to what $RLB initially delivered.
With just one day to go at the current discounted price, the FOMO is officially kicking in for TG.Casino as investors rush to get positioned as early adopters.
What you'll learn 👉
Rollbit Sees Price Surge as Crypto Pumps Start
Rollbit surged by a whopping 25% this week, making it the highest-performing altcoin behind Bitcoin SV.
The cryptocurrency started the week beneath $0.13 but has since surged as high as $0.16 during the week, allowing it to create a fresh high for October.
$RLB suffered a disastrous trading period after failing to break resistance at $0.2 at the end of August.
It went on to drop by over 50% during September as it sank into the support at $0.1, provided by a .618 Fib Retracement level.
Fortunately, it rebounded from this support during October and is seeing bullish price action.
Looking ahead, the first level of resistance lies at $0.16. This is followed by resistance at $0.18 (1.272 Fib Extension), $0.19 (1.414 Fib Extension), and $0.2 (August resistance).
Additional higher resistance lies at $0.22 (all-time high prices), $0.24, $0.26 (long-term 1.272 Fib Extension), and $0.28.
On the other side, the first level of support lies at $0.15. This is followed by support at $0.14, $0.12, and $0.1 (.618 Fib Retracement).
Overall, Rollbit is looking rather bullish above $0.16 and could potentially produce fresh all-time highs in November.
What Other Crypto-Based Casinos Can Deliver Rollbit Gains?
Despite Rollbit’s bullish surge, investors know it cannot provide 10x returns at the current $500 million market cap levels.
This is because $RLB would have to surge to a $5 billion market cap to produce a 10x return for investors today.
As a result, traders are looking for alternative projects that can provide 10x returns as $RLB did for its early adopters.
In particular, TG.Casino ($TGC) is emerging as a stand-out competitor after raising over $1.3 million in its presale.
The FOMO is officially kicking in for this project, as it has one day to go at the current prices.
TG.Casino Raises $1.3 Million As Investors Believe 50x Potential.
TG.Casino ($TGC) has officially raised $1.3 million in its presale as investors believe its tokenomics and revenue-sharing model can provide 50x returns.
TG.Casino is a fully licensed casino with a native token, $TGC, fully hosted on the Telegram messaging platform.
This is not just any typical online crypto-based casino.
Instead, its cutting-edge platform integrates a revenue-sharing model with a deflationary mechanism for long-term returns.
The project is leveraging the 700 million users of Telegram, providing them with a fully licensed casino to wager bets in crypto.
Essentially, the project takes advantage of two hotly emerging crypto trends – Telegram bots and gambling casinos.
The platform utilizes the newly launched Telegram bot feature, which allows developers to program bots to execute processes initiated by users through text-based commands.
As a result, TG.Casino is instantly accessible with no need to download additional software.
It is also completely secure as it leverages Telgram’s security, where data is fully encrypted.
Deflation Mixed With Revenue-Sharing For Double Gains
The best part about the casino is that it shares its revenues with all $TGC stakers on the network.
The casino offers hundreds of highly polished games through major gaming providers, such as Evolution and NetEnt.
When users place wagers at the casino, revenues are generated.
The team will use the revenues to buy back $TGC from the open market on decentralized exchanges.
This provides a source of consistent demand for the market, providing it with a strong floor.
Of the $TGC purchased in buybacks, 60% is distributed to stakers to provide them with a passive income.
The remaining 40% is sent to a burner address, creating deflation in the ecosystem.
The combination of rising demand with a falling supply is why investors believe $TGC can provide 50x returns – similar to what $RLB provided for its early adopters.
Get Positioned: Just One Day to Go at Current Prices
The presale continues to gain momentum as it crosses the $1.3 million threshold.
Users can currently get positioned in $TGC for a price of $0.125.
However, the token’s price will increase in just one day, so those getting positioned now benefit from the discounted prices.
For peace of mind, investors can be comforted knowing that Coinsult has audited the smart contracts.
$TGC will be the native token behind the project, allowing users to place bets and earn rewards. A staking option also provides a high APY return for those staking.
Prospective investors can get positioned by purchasing $TGC with ETH, BNB, and USDT.
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