Retardio entered the GambleFi coin space in June when the overall crypto market sentiment was bearish. Despite the market’s volatility, Retardio steadily rose from its initial price of $0.01876 on June 20th to $0.1348 in mid-July.
Retardio ($RETARDIO) has seen a surge in value of over 70% since opening Retardio Casino on October 6th.
Catering to the degen investor crowd, Retardio Casino offers a variety of perks for its users, more than 9,000 games, and an upcoming lottery.
As news of Retardio’s success continues to sweep the GambleFi coin landscape, investors are keeping an eye out for other tokens in the space that could offer gains.
Retardio Entered the GambleFi Coin Space During Crypto Bear Market, Now Seeing 100x Gain
Retardio entered the GambleFi coin space in June, during a period of bearish sentiment in the overall crypto market. However, despite the market volatility, Retardio has seen a steady rise from its initial price of $0.01876 on June 20th to $0.1348 in mid-July.
Now, Retardio has reached $0.157 following the launch of its new casino platform, marking a total gain of over 730% since the token’s inception. Its market cap currently stands at over $150 million, an impressive feat for a relatively new GambleFi coin.
The question on traders’ minds now is where $RETARDIO’s price could go next. Will it be able to maintain its strong momentum and push even higher, or have we already seen the top?
Based on our analysis, Retardio’s rise is far from over. The casino platform has been operational for less than two weeks, and early user consensus seems to indicate that it is one of the better casino apps in the GambleFi space.
This is significant, as it could help Retardio attract even more users and capture a larger share of the growing crypto gambling market—which analysts predict could be valued at $65.7 billion by 2027. Even if Retardio were to achieve a market share of just 1%, that would equate to a market cap of $657 million—more than 4x the $RETARDIO token’s valuation today.
Technical analysis also indicates that the coin’s momentum is far from exhausted. While $RETARDIO has pulled back slightly from an all-time high of $0.1987 on October 13th, it still has a bullish moving average pattern and trading volume of $6 million. The current pullback appears to be a brief consolidation period before another move higher, possibly as soon as next week.
We predict $RETARDIO could jump to $0.21 by the end of the year, then rocket upwards to $0.295 by the end of 2025. This would equate to a potential gain of 88% from today’s price, in a relatively short period of time.
This is also a relatively conservative estimate compared to what some analysts are saying about $RETARDIO. @Ymemevest, a trader on X who goes by the moniker ‘Meme Coin Magician,’ has predicted that $RETARDIO is set for a breakout and could reach a market cap of $6 billion—which would equate to a token price of roughly $6.15.
If this were to come to fruition, Retardio would become a dominant player in the blockchain gambling landscape—and investors who purchase the token today would be handsomely rewarded.
Some experts also believe that the GambleFi space as a maket is undervalued, and that certain coins could give 10x to 50x gains.
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
One of the most promising new entrants in the GambleFi space is Memebet, which is currently holding its token presale.
New GambleFi ICO for Memebet Token Raises Over $470,000 as Investor Interest Grows
Memebet Casino ($MEMEBET) is aiming to launch the world’s first Telegram-integrated, no-KYC casino that will support all of the most popular meme coins.
The casino will allow its users to gamble using Doge, Pepe, Shiba Inu, Floki, and other meme coins—something that isn’t possible at most existing crypto casinos, which primarily accept Bitcoin, Ethereum, and stablecoins like Tether.
Players at Memebet Casino will also be able to
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