Investors In Dogecoin Move Funds To New GambleFi ICO, In Chase Of Potential 895% Returns

in hive-175254 •  6 months ago 

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On Monday, Dogecoin experienced a surge, and the market seemed bullish, as Roaring Kitty made a come back to the social media space. This surge was seen in Dogecoin and other meme coins. However, Dogecoin investors had already started reallocating their funds.

Lots of investors have been moving their funds to recent GambleFi ICO, that is popularly known as Mega Dice. This is due to the fact that these investors are looking for investment options that will offer them 10x or about 895%. And Mega Dice is showing such potential for profits.

As of Monday, Dogecoin experienced a surge of about 10%, and traded around $0.15. Roaring Kitty, who is one of the biggest GameStop investors, and who played a pivotal role in the surge of meme coins in 2021.

And when Roaring Kitty posted initially on X, he was able to create a sentiment about meme coins that brought about a surge in price. However, at the moment Dogecoin market chart hasn't given investors enough reason and optimism to want to invest heavily. But Mega Dice has provided investors with that optimism of making 10x of their funds.

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I am wondering why do they move the funds, does it actually mean they are no more depending or trusting in the market any longer that they want to get out

Thanks for dropping by.