BNB Price Increases with Memecoin Boom, Ethereum is next with the $CASINO Presale

In recent weeks, the BNB Smart Chain has seen a surge in activity, largely fueled by the rising popularity of memecoin projects that have significantly ramped up trading volumes within the BSC ecosystem. BNB-based memecoins like Goatseus Maxiumus (GOAT) have surged by more than 500% over the past week. This influx of trading on BNB Smart Chain has pushed BNB’s token price over $590.

Ethereum has followed a similar trend, with Ethereum-based tokens like CASINO seeing notable gains during their presale rounds. CASINO has already secured over $350,000 in stage one of its presale and is aiming for the $1 million mark by month’s end.

CASINO Targets $1M in Presale by November

CryptoCasino (CASINO), an Ethereum-powered utility-GambleFi token, is on a mission to transform the online gambling and DeFi landscape. Built with a vision to create an engaging, community-centered casino experience, CASINO combines entertainment with investor benefits underpinned by decentralization, transparency, and financial independence.

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Backed by a $2 million domain name and partnerships with the biggest names in online gambling, including Pragmatic Play, Evolution Gaming, and Hacksaw Gaming, the token is available for purchase at just $0.001, with the launch price set to offer investors a 200% profit at $0.003.

CASINO has also secured a listing on a top-15 CEX upon the token launch, further driving speculation that it will be one of the most successful presales in Q4 2024.

BNB’s Bullish Momentum Continues: Is $700 Within Reach?

Following a period of consolidation, BNB’s price trend has turned bullish again, posting a weekly increase of over 14% and trading around $592. With momentum pushing BNB closer to $600, a positive outlook among traders is evident.

According to CoinMarketCap data, BNB’s MACD has shown consistent green histograms, with both the 50-day and 200-day EMAs reflecting a bullish curve. If this trend continues, SOL could break past its resistance level of $595, potentially advancing toward $625. On the other hand, a downward reversal could test support at BNB’s channel pattern line.

GOAT Extends Bullish Momentum After Key Breakout

The Goateus Maximus (GOAT) token price has jumped by over 500% this week, reaching approximately $0.70. The price spike follows BNB’s broader upward movement, lending strength to GOAT. Backed by a major presale valued at over $104 million, it is setting memecoin records by reaching a market cap of over $800 million.

After this breakout, GOAT pulled back from $0.80 down to $0.67 but has held strong around the $0.70 mark. Cooling off after a massive gain shows that this memecoin could be around for the duration of the bull run.

CASINO Looking to be the #1 GambleFi Token on Ethereum

CASINO token, the heart of the CryptoCasino.com ecosystem, is looking to move ahead of competitors such as Shuffle (SHFL) and Rollbit (RLB) as the top ERC20 gambling token.

Led by an experienced team of online gambling specialists, the CASINO presale has been ranked as the top ICO of 2024. The team behind CryptoCasino is the same team that took RakeTheRake.com from a startup to the biggest online poker affiliate network in the world, valued at over $50 million.

Featuring a 50% buyback & burn of CASINO tokens using profits from their online and Telegram casino, CryptoCasino outshines its competitors. Shuffle, for example, offers just a 10% buyback & burn mechanism, while Rollbit offers up to 20%.

Can CASINO Match the Performance of Binance-Based Meme Tokens in 2024?

BNB-based memecoin like GOAT have performed remarkably well, and CASINO, a promising Ethereum-based utility token, aims to replicate this success.

CASINO’s steady growth positions it well for significant gains in Q4 2024, with top crypto analysts predicting a 500% price boost after its initial launch at $0.003, bringing it just about equal to the market cap of Rollbit.