An eight-year Bitcoin investing veteran has named GambleFi tokens as “severely undervalued” and with 10-50x upside potential.
X user Mags pointed to Rollbit’s market cap, which was last around $172 million per CoinMarketCap.
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 sturcture
see you in Billions.. https://t.co/cSyyA33h1l pic.twitter.com/xOhB8GWRon— Mags (@thescalpingpro) October 14, 2024
That’s despite strong usage fundamentals—Mags noted that Rollbit has earned around $19 million in the past 30 days, has already burnedt 51.7% of its supply, and is forming a bullish technical pattern.
“See you in the billions…” he quips, suggesting exponential gains are on the cards.
What’s the Best GambleFi Token Right Now?
For investors looking to gain exposure to the GambleFi sector ahead of a potential major pump, Rollbit is a strong candidate for the best crypto to buy now.
That said, Mags also pointed out that meme coins have 10-50x potential.
So, perhaps the best GambleFi token to buy might be one that can ride both the GambleFi and meme coin waves.
One new GambleFi meme coin comes into focus – Meme Bets (MEMEBET).
Meme Bets is building an exciting Telegram/web crypto casino with a unique twist.
Meme Bets is set to become the first GambleFi protocol to allow users to bet using their meme coin tokens.
Meme Bets has already raised a whopping $475,000 in its presale in just a few weeks.
See why Cryptonews.com’s in-house analyst, Crypto Chester, ranks it amongst his top three coins in the video below.
The post Early Bitcoin Buyer: ‘GambleFi Tokens Are Undervalued and Could 10-50x Alongside Meme Coins appeared first on Cryptonews.