This article was paid for*
Retardio ($RETARDIO) has emerged as one of the top crypto gainers today after experiencing an impressive 45% surge over the past 24 hours to trade around $0.11.
Renowned for its GambleFi and meme coin aesthetics, Retardio has been on an incredible price run over the past couple of weeks, registering an increase of approximately 200% on the monthly charts.
This consistent upward trajectory has eventually pushed the token into the top 35 list of the largest meme coins by market cap, flipping the likes of Bone ShibaSwap.
Is $0.2 next for Retardio or will the token see a massive correction from its current high? Our experts will provide answers to that, taking into account the prevailing state of the broader crypto market.
Introducing Retardio Casino
Retardio is a mobile casino and sports betting platform that harnesses the powers of the Solana blockchain to deliver an interactive gaming experience. The platform is home to a variety of casino games including blackjack, roulette, slots, and many more.
More so, through its sportsbook, sports punters can access a diverse range of betting markets including football, basketball, soccer, boxing, ice hockey, baseball, and cricket.
Retardio Casino appeals to gamblers with its memetic interface that features a newspaper page-inspired meme. The backdrop gives Retardio a relatable posture allowing gamblers to seamlessly interact with the gambling site while maximizing its gambling options to net huge winnings.
As part of its offerings, the gambling site has an NFT collection – Retardio Cousins – that empowers holders to become shareholders of the mobile casino and sports gambling platform.
Powering the ecosystem is $RETARDIO, a meme coin that serves several purposes within the gambling ecosystem. $RETARDIO was distributed as an airdrop to Solana NFT holders, Solana DeFi users, OpenBook traders, Solana validators, and developers.
$RETARDIO Price Prediction – Can It Maintain This Pace?
The Retardio price has flipped bullishly, surging 70% in the last seven days. The surge of interest in the token has seen the trading volume rise by 20% to $8 million, while the market valuation has gone up by 37% to surpass the $100 million mark. The impressive outlook of Retardio, a Solana-based meme coin, has triggered more bulls into the market.
I finally bought a Retardio
Why?
Well, I'm tired of being sidelined.
I was debating getting in at 12 SOL a while ago and faded (big mistake)
So after checking price today and groveling on the floor for a couple minutes, i decided to ape in and ride the wave
Give me a warm… pic.twitter.com/NP9HsYVe4K
— KC (@fvck_kc) October 8, 2024
Meanwhile, the Retardio Casino is now live, offering casino, sports, and prediction markets with instant cryptocurrency deposits and withdrawals.
Retardio Casino: Season One – Live Now 
@retardiocasino pic.twitter.com/lMkW1tvJXb
— RETARDIO 
(@retardiosolana) October 6, 2024
Amid the rising interest in its gambling offerings, the Retardio price is upholding a bullish trend, with buyers exerting more pressure and gaining control over their seller counterparts. In mid-July, the price faced rejection at around $0.1149, forcing it to dwindle mercilessly. However, the bulls gained momentum again at around the $0.0303 support level, cushioning against further losses. This led to a steady recovery, resulting in the formation of a rounded bottom pattern.
Retardio Technical Indicators Suggest A Continued Uptrend
The Retardio price currently holds above key confluence support formed by two key indicators: The 50-day Simple Moving Average (SMA) (green) at $0.0534 and the 200-day SMA (blue) at $0.0429. These key areas act as immediate support zones, leaving the Retardio price in a resistance-free zone.
However, the Relative Strength Index (RSI) cautions traders of a potential correction. After climbing from support at the middle-line (50), the RSI jumped into the overbought area, currently at 73.70. Traders won’t have to worry about sudden pullbacks with the RSI above 70, as this position also means a correction is imminent.
As the momentum indicator gradually ascends above the mean line into the positive region, the path with the least resistance stays on the upside. Meanwhile, traders and investors are leaving no stone unturned in the market as they have rallied behind it, targeting a new ATH.
If the buying appetite persists, the RETARDIO price could hit $0.158 in the short term. Otherwise, a trend reversal would be imminent, with the RSI already in the overbought regions. In such a case, it might be prudent to watch out for the RSI’s rejection from the overbought region to time the reversal carefully to avoid the bull trap.
All in all, if Retardio sustains its upward trend, it has the potential to achieve a new high, breaking above the resistance level at $0.15. However, in the event that it encounters any difficulty in rallying toward the critical level, the token price might probably reverse to chase the $0.08 support. This scenario will be instrumental in determining whether the Retardio price will stabilize or experience another downward movement.
Therefore, as investors continue to watch Retardio closely, they can also diversify into Memebet, a newer meme coin alternative with a similar unique value proposition but multiple earning mechanics.
Top GambleFi Meme Coins to Watch
Built on Ethereum, Memebet is another meme-inspired GambleFi token that has positioned itself on the watchlist of investors seeking to amplify their returns this year. This revolutionary project is pioneering the first-ever multi-meme coin casino ecosystem that will cater to the varied preferences and tastes of degen gamblers.
Memebet’s comprehensive gambling platform will bring together all meme enthusiasts across different communities to enjoy the authentic thrills of the electrifying universe of online casino games and sports betting. With a lofty ambition to unlock the next era of decentralized gambling and deliver unparalleled user experience, Memebet has integrated Telegram. This strategic effort will make it easy for gamblers to explore its lineup of gambling possibilities, anytime anywhere.
Meanwhile, Memebet, according to its whitepaper, will feature thousands of adrenaline-pumping games and sports betting options, ensuring that every gambler finds their favorite wagering opportunity on every visit.
More so, being a casino platform that’s specifically designed for the degens, Memebet will only support meme coins for deposits, especially mainstream tokens like Pepe, Dogecoin, Floki Inu, Shiba Inu, Bonk, and even its core currency $MEMEBET.
In terms of security, Memebet is ticking all the right boxes. The project has been audited by Coinsult, demonstrating its adherence to transparency. This important feat, coupled with its emergence as one of the regional partners of the Argentine Football Association (AFA) adds more legitimacy to the project.
Wagering on games and sports betting markets with $MEMEBET unlocks many exclusive perks, including VIP bonuses, access to special games and features, airdrops and giveaways, NFT loot boxes, and many more. In fact, the project is currently giving out $1000 worth of $MEMEBET tokens to lucky presale participants in celebration of the upcoming launch of its casino platform.
According to 99Bitcoins, a famous crypto YouTube channel with over 700k subscribers, $MEMEBET’s multiple reward mechanics, gambling utility, and meme coin concept make it a good addition to every investor’s portfolio. In a more bullish perspective, the YouTube channel affirms that the ICO token has all the qualities to outperform its predecessors when it goes live on CEX.
That being said, the Memebet presale is still live and has gathered approximately $400k from early movers. Those interested in taking advantage of this early-moving opportunity to strengthen their investment portfolios can join the presale right now. Priced at $0.0257, MEMEBET can be purchased with BNB, ETH, MATIC, USDT, or debit/credit cards.
To stay updated with the project, follow Memebet on Twitter or join its Telegram channel.
Visit Memebet
*Cryptonomist did not write the article or test the platform.