By Is It Too Late to Buy ORDI? ORDI Price Shoots Up 190% as New Telegram Casino Surpasses $3.3 Million
Last updated: December 5, 2023 00:25 EST
. 5 min read
The original BRC-20 token ORDI has been host to a surge in growth as markets flip bullish on Bitcoin above $40k, with ORDI price shooting up +190% so far this week, is it too late to buy ORDI?
Excitement around the potential approval of Bitcoin Spot ETFs has fuelled explosive growth for Bitcoin-linked tokens in recent weeks, with leading projects such as Bitcoin layer-2 scaling solution Stacks (STX) posting +70% gains.
(Blue – STX, Orange – ORDI, Source: CoinMarketCap).
And not one to be left behind, the first ever BRC-20 token ORDI has exploded in suit, with price erupting a whopping +560% over the past month in similar fashion – cracking a $1bn market cap (another first for BRC-20 standard tokens).
ORDI Price Analysis: Is It Too Late to Buy ORDI As Price Surges Into Bitcoin Spot ETF Decision Hysteria?
As price action reels back from a new all-time high at $63.63, ORDI is currently trading at a market price of $64 (representing a 24-hour change of +23%).
The huge +190% pump comes amid 4-days of upside movement after ORDI price found strong support above the 20DMA, which had formed a capstone of resistance for the prior week.
However, with the skyrocketing move now seeing price deviate significantly from the 20DMA (which remains down at $25.8) traders are now warning of a potential retracement move.
This comes as price enters complete exploration territory, atop a new higher support level at $52.2 – a level that would’ve been an almost unthinkable target last week.
Retracement seems likely in the current structure, with price in full rally profile, there has been no substantive re-test of any new support level so far.
The RSI indicator reflects this vulnerability, with price action overheating the leading indicator over the past 4-days to a present overbought signal at 88.18 – suggesting a retracement move could be imminent.
However, despite the risk here, ORDI appears strong, with a clear and ferocious market appetite in face of a Bitcoin bull run, ORDI is emerging as a promising alternative beta play.
This leaves ORDI with a localized upside target at the psychological level around $70 (a potential further +9.27% from here).
While downside risk could see ORDI retrace to lower support at $52 (a potential -18.83% drop).
ORDI therefore carries a current risk: reward ratio of 0.49 – suggesting that it is in fact too late to buy the current ORDI move, await retracement.
But while you might have missed the boat on ORDI, a new GambleFi presale is taking aim at Rollbit’s crown – introducing TG.Casino.
Top ORDI Price Retrace Alternative? This GambleFi Crypto Presale Just Accelerated Past $3.4M Raised
As Telegram trading bots and GambleFi dominate September’s narratives, the TG.Casino ($TGC) presale is gaining significant attention – racing to $3,408,141 raised in just a few weeks, here’s why it should be on your radar.
TG.Casino isn’t just another quick Telegram bot pump-and-dump it’s an intricately crafted ecosystem that marries the thrill of the crypto casino world with the decentralized edge of blockchain.
By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.
The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.
With a range of offerings, from thousands of live Telegram casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.
And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.
From a security standpoint, users can rest easy – all data and funds are encrypted, ensuring robust protection against potential threats.
While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.
Biggest GambleFi Presale TG Casino Presale: TG.Casino APY Outperforms ORDI Price Pump
The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 182%.
Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.
And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.
The $TGC token’s utility is another aspect to spotlight – beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.
Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.
How to Buy TG Casino Early?
Step 1 – Go over to their official website
The first thing you want to get correctly is going over to their official website.
Step 2 – Create a Crypto Wallet
You need to set up a crypto wallet, and it’s important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.
Step 3 – Purchase ETH or USDT
Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.
Step 4 – Connect Wallet to Presale Dashboard
Go to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.
Step 5 – Buy TG.Casino Token
Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.
Step 6 – Claim TG.Casino Token
Once TG.Casino’s presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the ‘Claim’ button on TG.Casino’s homepage. That’s all for how to buy TG.Casino.
TG Casino’s Unrivalled Tokenomics Could Trigger Biggest GambleFi Moonshot
To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it’s a front-row ticket to the future of Telegram GambleFi.
With tokenomics supply – fairly distributed across the presale, liquidity pools, staking rewards, and player rewards – and the additional bolster of TG Casino’s jaw-dropping 182% APY – this project is positioned to become a huge name in the GambleFi vertical.
Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!
Dive into the TG.Casino Presale Now.
Buy $TGC 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.
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