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With so many utility-centric cryptos taking center stage in the market, investors have started to look for low-cap cryptos with high growth potential.
One of them making waves is USA, the native token of DEDPRZ, an online gambling platform. USA, an ERC-20 token, has been in a downtrend for some time, leaving some GameFi or ‘GambleFi’ investors considering whether the current ecosystem presents a good buying opportunity.
What is DEDPRZ?
DEDPRZ, which appears to be short for Dead President(s), is a crypto-centric online casino that, according to its whitepaper, focuses on providing community engagement and transparency.
The platform is said to operate similarly to a publicly traded company, sharing financial data and offering investors, players, affiliates, and partners insight into its operations.
The platform describes itself as a degen casino, providing players with multiple casino games as well as betting opportunities from top providers.
As far as the games and betting opportunities go, the claims appear to be true, as there is a wide variety of gaming options available.
When it comes to slots, the selection is vast. There are games like Fortune Hit N Roll by Pragmatic Play, Cash 100 Sugar Star by 7777 Gaming, Lady of Fortune by Play n’ Go, and more. Live casino options on this platform are equally versatile, with titles like Roulette Lobby, Baccarat, First Person Blackjack, and more available.
When it comes to sports betting, available options include pre-match and live betting for games like American Football, Basketball, MMA, E-sports, and more.
A crucial element to interacting with these games is the DEDPRZ NFT collection.
DEDPRZ NFT Collection
The DEDPRZ NFT collection consists of 1,776 NFTs, each featuring George Washington. All of them have over 140 randomly generated, hand-drawn traits, maintaining the uniqueness of these NFTs while giving users assets they can trade on Rarible and Magic Eden.
There are also Seed Bond NFTs available, which were given to the earliest supporters of the DEDPRZ project. These are utility-driven NFTs, providing users with royalties based on the profits generated by the DEDPRZ casino.
When it comes to the use cases of these NFTs, the following points have been highlighted:
They grant users exclusive access to games.
NFT holders can join DEDPRZ’s Discord and Telegram.
Staking these NFTs will allow users to become part of DEDPRZ’s profit-sharing program.
USA Token
Powering the entire ecosystem of DEDPRZ is the USA token. Developed on the Ethereum blockchain, there are 50 million in total, and they have the following use cases.
Using $USA to make a deposit for the first time on DEDPRZ casino will give users a 200% deposit bonus.
Wagering with $USA will offer 10 times higher rakeback.
Staking DEDPRZ NFTs will provide users with high yields.
The token is also part of a buyback and burn mechanism, designed to limit its supply and increase its value.
These factors influenced the USA token to trade in the green zone for a short time. However, the token’s price has now decreased slightly.
DEDPRZ (USA) Drops Over 20% in a Month
The month-end chart on CoinMarketCap shows that the DEDPRZ price has dropped by 24% over the past month.
The token is currently trading around the $0.08 level, and its market capitalization is just above $1.8 million.
DEDPRZ Price Analysis and Prediction
A closer look at the candlestick chart on TradingView shows that $USA had a solid price run shortly after its exchange listing in June 2024, with its price swinging between $0.000007 and $0.0000027. However, since then, the token has been mostly trading sideways.
After that, the market’s reaction to the token started to become a bit lukewarm.
Despite this, the RSI chart shows that the token is still in the overbought zone, indicating that bearish price action may be underway, despite some interest in the token.
Currently, $0.00000018 is the crucial support for this token, and $0.000002 is acting as its closest resistance. If $USA breaks below the support, it may fall to its all-time low. However, a push above the resistance may allow it to test its all-time highs once again.
Memebet – Newest GameFi Crypto to Invest In
With the $USA token mostly showing flat price action, it is uncertain whether its price will rise anytime soon. More momentum needs to build within the ecosystem for that to happen.
However, those who supported DEDPRZ when it was first announced in presale made nearly 10x gains. This indicates that if such projects are invested in early, investors can potentially rake in significant profits.
Memebet Token is another such project that could be a suitable investment for degens. Powering the world’s first meme coin-only casino, the token has several perks.
Not only does the token allow users to access thousands of casino titles and engage with the global sports betting scene, but it also comes with airdrops. Holders will receive exclusive benefits such as better challenges, higher rewards, and VIP access.
The airdrop has already been announced, offering $10,000 in $MEMEBET prizes.
Furthermore, Memebet Casino is active on Telegram, allowing users to play without providing any KYC details.
In the future, the project will also introduce NFT loot boxes and other perks. These factors could position Memebet Token as a serious contender to DEDPRZ.
Cryptonews has already done a thorough review of this token and discussed the possibility that it may experience 100x growth in the future.
Visit Memebet
*Cryptonomist did not write the article or test the platform.