Early Bitcoin Buyer: ‘GambleFi Tokens Are Undervalued and Could 10-50x Alongside Meme Coins

Bitget App

Trade smarter

Bitget

News

CryptoNews2024/10/17 23:30

By:Joel Frank

Last updated:

October 17, 2024 17:20 EDT

Early Bitcoin Buyer: ‘GambleFi Tokens Are Undervalued and Could 10-50x Alongside Meme Coins image 0

Early Bitcoin Buyer: ‘GambleFi Tokens Are Undervalued and Could 10-50x Alongside Meme Coins’ / Source: Cryptonews

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.

Buy Meme Bets Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14