Is it too late to buy TRB? Tellor price surges 30% as this new Solana GameFi coin raises $770,000 in presale.

adminMay 7, 2024

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Teller prices have surged 30% in the past 24 hours, trading at $93.08 as of 6:33 a.m. ET, with volume surging 211%.

This surge puts TRB on the list of best coins this week, along with Render (RNDR) and Worldcoin (WLD).

that much #Cryptocurrency The market is starting to look green starting this weekend! 📈
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Tellor is a decentralized oracle protocol that promotes an open, permissionless data reporting network. The surge in Teller prices comes as the altcoin continues to blink green as Bitcoin price strengthens. Capital is pouring into low-market-cap altcoins like TRB, and some are looking at areas like AI and meme coins for profits.

Teller Price Predictions

Teller prices are trading with a bullish bias, hitting higher highs since bottoming at $44.20 on May 1. Following a rally of up to 120% to the May 6 intraday high of $98.60, Teller’s price now faces resistance at the 50% Fibonacci placeholder $104.17.

The upward trend could continue if the bulls can overcome the immediate resistance posed by the 100-day simple moving average (SMA) at $94.19. Traders looking to take a long position on TRB will probably need to resist FOMO, the fear of loss. The hurdle becomes even bigger when resistance between the 200-day SMA ($105.34) and the 50% Fibonacci placeholder join. This is where the teller price may be rejected.

A closer look at the Relative Strength Index (RSI) shows deviations that could see prices fall. However, if Tellor price hits a decisive candle close above $104.17, it could encourage more buy orders. The ensuing buying pressure could push the price further north, potentially as high as $166.90. Such a move would result in an increase of nearly 80% from current levels.

teller teller

TradingView: TRB/USDT 1-day chart

On the other hand, early profit booking can hinder the upside and lead to a correction. A drop below the 50-day SMA of $74.82 could spook traders and potentially trigger a sell-off. However, for the bullish argument to be invalidated, Tellor price would need to hit a lower low below the $41.44 support to confirm a trend reversal.

Meanwhile, investors are already taking notice of DICE, with the new Solana GameFi coin raising over $770,000 in presale. According to Crypto analyst and YouTuber 99Bitcoins, this pre-sale gem could be worth 100x at launch.

A promising alternative to Tellor

DICE is the token for the Mega Dice ecosystem, a Solana-based online casino that rewards players with cryptocurrency. The platform allows users to play games, bet on sports, and earn rewards using its native token, $DICE.

The Mega Dice platform has been a sensation since its launch in 2023 and remains one of the most popular cryptocurrency-focused online casino and betting platforms. With the launch of new cryptocurrency ICOs, the project plans to expand its offerings.

This project is the first GameFi project on the Solana blockchain, and its goal is to challenge casino sector giant Rollbit Coin.

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The platform already has a user base of over 50,000 and 10,000 active players, betting around $50 million every month. Featuring over 4000 games and 50+ sports and esports from the best providers. As one of the top brands in the cryptocurrency casino space, we are focused on growth and adding value to our players.

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You can also earn through the platform’s staking option, with the team setting aside 10% of the total 420 million token supply as rewards.

If you want to participate in the pre-sale, you can buy $DICE using BNB, ETH or SOL for $0.069 per token on the official website here. You’ll also earn 10% when an investor you refer makes a purchase.

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— Mega Dice Casino (@megadice) April 29, 2024

Visit Mega Dice here to purchase.