This article was paid for*
HugeWin is a crypto casino that has generated immense interest among the GameFi community since its launch in January 2024. With a market capitalization exceeding $700 million, the native crypto of this online gaming site—HUGE—is currently experiencing a surge.
Will the token continue to go up in the current market conditions? Or should investors consider diversifying their portfolios further by investing in similar assets that have yet to arrive on a cryptocurrency exchange?
HugeWin Surges by 11% On Weekly Charts
CoinMarketCap shows that HugeWin has experienced a surge of more than 11% in the last seven days. The token’s value has increased by more than 30% in the past month alone. At the time of writing, the token is trading just above the $0.0009 level.
Despite the major price action, there isn’t much buzz about the project on CoinMarketCap. The community sentiment has still received no votes, which means people have a neutral perception of the project.
It is natural since most investors are sharply focused on Bitcoin’s price performance.
HugeWin Price Analysis
Since the casino’s launch, HugeWin’s price action has been volatile. However, after experiencing a sharp decline on July 5th, the token’s value rose by more than 132%.
The surge has been sharp, and the RSI is 65, which is just below the overbought zone. The MACD indicators have crossed over above 0, indicating that another surge may be coming for this crypto asset.
HugeWin Price Prediction
Short-Term
The short-term indicators show that the HUGE token’s price could increase slightly in the coming days. Considering the recent price increase resulting from consistent marketing efforts and broader market dynamics, the token’s value could be around the $0.001 level.
Long-Term Price Prediction
HugeWin’s long-term price action will depend on how the community perceives the project. The game’s gaming portfolio is large, and many esteemed game providers have been added to the ecosystem, which would impact the token’s long-term action.
However, more innovation should emerge within this crypto casino so that we can make an informed bullish prediction for the HUGE price.
What is HugeWin?
HugeWin is a crypto casino that emerged on the crypto scene in January 2024. It is said to have a user-centric approach and features 700 casino games.
These games are sourced from 12 game providers, including PragmaticLive, LiveGames, EGT Interactive, Spribe, and more.
The platform’s collection of games is also versatile, with Turbo Games for Spaceman, Zeppelin, Pilot, and more and classic slots like Mustang Gold Megaways.
There are also classic live casino titles and sports betting options. New players get a 100% welcome bonus of up to $1000, and there are weekly rewards and cashbacks.
Memebet Token – High Potential Casino Meme Coin
HugeWin has been a “Huge” hit among crypto enthusiasts, showing a market for these types of cryptos. Therefore, those looking to diversify their portfolios further can consider this and similar crypto assets, such as Memebet Token.
Memebet Token ($MEMEBET) is a meme coin powering a meme coin-based casino that caters specifically to degens.
The casino, active on Telegram, gives users access to games without KYC requirements. However, the platform’s key USP is its meme-exclusive nature, which means users can only wager using meme coins.
This exacerbates the volatility and randomness of the casino games, as the uncertain nature of the game’s outcomes combines with the volatile nature of meme coins.
Furthermore, Memebet Token is also a community-centric project. Of its total supply of 2 billion, 70% has been dedicated to presale and community rewards.
The airdrop is another key utility that has generated interest in the crypto community. Two seasons of airdrops are planned, one during the presale and one after it. The airdrop has a gamified approach, meaning investors who wager their MEMEBET tokens will be the only ones considered eligible to receive it.
On top of that, this social meme coin powering a crypto casino is keeping its audience entertained thanks to a large collection of memes being posted daily.
While the Memebet Token presale only arrived a couple of days ago, it has already gained the attention of a whale who has invested $50k into this project.
Given this token’s meme-based nature and flexibility, it could potentially be a good option for those looking for more utility-centric meme coins.
For further details about the project, visit memebettoken.com. It is also recommended to stay updated with the project’s socials by following its Telegram and Twitter accounts.
*Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/09/13/hugewin-crypto-price-prediction-huge-gamblefi-token/