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The RoaringPepe price soared 70% in the last 24 hours to trade at $0.0002067 as of 05:52 a.m. EST on trading volume that skyrocketed 249% to $40K.
This comes as tokens connected to the GME stock soared after Keith Gill, known as ‘Roaring Kitty’ on X, revealed in a Reddit post that he has $181.4 million worth of GME stock and call options.
BREAKING: Roaring Kitty has finally posted on Reddit after 3 years.
He has $65M worth of $GME Gamestop calls with a $21 strike expiring in 19 days…
He also has $115M of shares, making his total position close to $200M in Gamestop.
Oh. My. Goodness. pic.twitter.com/yV5AWBZMnX
— amit (@amitisinvesting) June 3, 2024
According to Gills’s screenshot, he purchased 5 million GME shares worth $115.7 million and $65.7 million in call options. The screenshot shows that Gill has gained more than $9.3 million through his GME holdings. However, he has an unrealized loss of almost $2.5 million on his call options.
Known for his influential role in the 2021 GME saga, Keith Gill posted on Reddit for the first time in 3 years.
Altcoins connected to the token have been performing well, with GameStop being the best-performing meme coin over the past 24 hours.
RoaringPepe has been on a downtrend after hitting an all-time high of $0.00093, trading within the falling wedge pattern, data from GeckoTerminal shows.
However, after Gill’s reappearance, RPEPE used the $0.00010 support to push the price over the upper boundary of the wedge.
RoaringPepe Price To Sustain The Bullish Rally Over The Falling Wedge
The RoaringPepe price trades above the 50-day Simple Moving Average (SMA), affirming to the bullish potential, with the 50-day SMA acting as the immediate support level around $0.0001704.
Furthermore, the Relative Strength Index (RSI) shows that buyers have the upper hand, with the RSI rising from below the 50-midline level to trade at 62, indicating intense buying pressure.
The Moving Average Convergence Divergence (MACD) is also bullish, with the MACD line (blue) crossing above the signal line (orange), representing a bullish crossover. With the green bars extending above the neutral line, investors are buying more as RPEPE shows signs of positive momentum.
The RoaringPepe price analysis on the 4-hour chart shows that the bulls are in a buying frenzy, which, if sustained, may push the price up, with the bulls currently targeting $0.00060.
However, if the bears exert more pressure at this point, RPEPE could retrace to the next support zone around $0.0000880.
Meanwhile, as the RoaringPepe price bulls add to their buying positions, investors are also piling into the Mega Dice presale, the first GambleFi project on the Solana blockchain.
Mega Dice Raises Over $1.3 Million – Next 100X Crypto?
Mega Dice (DICE), a GameFi project operating on the Solana network, continues to attract attention by raising over $1.3 million.
Mega Dice Casino, launched last year, has over 11,000 monthly users who lock in more than $50 million in bets.
Uncover ancient treasures and spin your way to BIG wins with our #NewGame release #TombOfGold by @ThePlayngo at Mega Dice Casino!
Ready for an adventure?
https://t.co/fawORyTnCC pic.twitter.com/J5UahgvUgc
— Mega Dice Casino (@megadice) June 1, 2024
Users also enjoy over 4,000 casino games and over 50 sports and eSports betting options. A $2.25 million airdrop giveaway is also underway and will be distributed through three seasons, with Season 2 already underway.
To qualify, all you need to do is wager $5,000 or more between May 15 and June 28 to have an opportunity to grab a portion of the $750,000 giveaway. Each player can win $37,500.
The $DICE Season 2 Airdrop is STILL LIVE – Earn Your Share of a $750,000 AIRDROP!
Want a piece of the action? Just wager $5000 or more between May 15 and 28 June, 2024, and you could claim your share of the $750,000 airdrop! With a maximum airdrop of $37,500 per player,… pic.twitter.com/YiFxEUucRx
— Mega Dice Casino (@megadice) May 31, 2024
According to 99Bitcoins, a prominent crypto channel on YouTube, $DICE has the potential to surge 100X after its launch.
Token holders also stand to share in the casino’s profits daily through its unique staking system.
To join the presale, you can buy $DICE on the official website here for $0.075 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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