The crypto market suffered another price drop late yesterday, August 27. As a result, Bitcoin’s price broke the support level at $62k, once again dropping below the $60,000 mark.
Bitcoin Price Slips Below $59k
The coin has seen quite a lot of activity lately. In the second half of the last week, BTC fluctuated between $59k and $62k, only to breach the resistance on Friday as the US Fed announced the soon arrival of rate cuts. BTC blew up to $64k as a result, only to start spiraling down earlier this week as the bear market took over the crypto sector.
Then, this Tuesday, crypto losses increased as the US business day came to a close, and the coin found itself below $59k once more. It is not clear what sparked the sell-off, but the sudden downturn brought its own consequences, triggering $313 million in liquidations of leveraged crypto derivatives positions, which was the single largest washout since the price crash on August 5.
With a market-wide price crash, circulating cryptocurrencies like Bitcoin became too risky for many to hold, which is why investors are turning to safer alternatives, such as digital assets that are currently in presale, and therefore immune to volatility. One example to consider is a GameFi token Mega Dice (DICE).
JOIN THE MEGA DICE PRESALE TO AVOID VOLATILITY
What Do You Need To Know About Mega Dice?
Mega Dice is a new cryptocurrency, currently still in presale. It was created by a gaming platform with the same name, and it is meant to be its native token. The DICE token was based on Solana’s blockchain, which immediately ensures that it will offer several benefits, such as fast transaction speeds and low fees.
But, Mega Dice has prepared special additional benefits for DICE holders that are tied directly to its platform. For example, those who hold DICE are entitled to daily rewards based on the gaming platform’s performance.
They also get access to limited edition NFTs, and those who purchase DICE during presale also get something known as the early bird bonus. Essentially, the platform will increase the value of their investment without them having to add more money.
BUY DICE TOKEN BEFORE THE NEXT PRICE INCREASE
Mega Dice also offers referral rewards to those who introduce friends and family to its platform, in addition to access to over 4,000 games that are currently available. And, as mentioned, the project is currently still in presale stage, meaning that it is immune to crypto volatility, with its price fixed at $0.110529.
The token still sees regular price boosts, but these are scheduled, and they happen as the ICO moves through different stages.
So far, the Mega Dice presale raised over $1.76 million, and it is rapidly moving toward its next goal of $1.8 million, and eventually the $2 million mark after that.
You can join the ICO now and buy DICE with SOL, BNB, or ETH, before the next price increase which is scheduled to take place in six days.
