The ultimate left-curve meme coin meta has arrived – and it’s already worth over $100 million.
Retardio is a new meme coin that also comes with a degen crypto casino. Its price has exploded 295% this month, but how much further can it go?
Retardio Backed By Top Meme Coin Influencer For 146X Gain
Retardio is struggling after topping out on Monday, but an unwavering bullish community sentiment persists.
It currently trades at $0.138, down 12% today, but remains up 27% this week and 295% this month.
As it stands, Retardio has yet to establish a decisive structural level since reaching its all-time high on Monday. This presents risk of further downside.
That said, it is beginning to reject $0.138, indicating that bulls are reentering the market, which could signify a bottom.
If this does establish a support, the next price targets based on Fibonacci levels are $0.23 and $0.29.
The latter target would give a market cap of around $290 million.
However, Retardio’s “cult” community would consider that price target disappointing.
Infamous meme coin guru Murad Mahmudov is one of Retardio’s top backers, and he’s looking much further ahead.
Murad predicts a $19 billion market cap for $RETARDIO, which would mark a 146x gain from its current price.
These are My Top 10 Picks for this Cycle, and I am sticking to them. pic.twitter.com/rYucucvBz9
— Murad 💹🧲 (@MustStopMurad) October 12, 2024
Meanwhile, Easy P also says that Retardio is “going to the double-digit billions” this market cycle.
I gave you $Popcat at $10m mcap
— EAZY P | retardio.sol (@_EazyP_) October 15, 2024
I gave you $retardio at $200k mcap
I gave you $yakub before the token even dropped
I’m telling you now, retardio will be going to double digit billions https://t.co/APOTOKnoLE
Predictions that are this outrageous simply cannot be based on technical analysis.
This is why Murad recently tweeted that the meme coin environment is “not a charting game,” urging traders to focus on community rather than raw and measurable price action.
This crypto cycle is not a Charting game, a Rotation game, or a Math game.
— Murad 💹🧲 (@MustStopMurad) October 14, 2024
It’s a People game.
The secret to outperform is to find wholesome, strong-minded and pure-hearted communities, bet on them and join them.
But while Murad has been influential in ushering in the “meme coin supercycle” thesis recently, it remains to be seen whether meme coins will reach the heights he expects, or if his loyal following is left bag holding when the bull market ends.
Therefore, our Retardio price prediction will focus on technical analysis combined with the current market climate.
Based on Fibonacci, we could see Retardio climb to highs of $0.29.
However, a more optimistic prediction would be $0.9, placing Retardio at just under a $1 billion market cap. This is equivalent to First Neiro On Ethereum’s current valuation.
Given its strong performance, significantly bullish community, and innovative degen meme coin casino, this seems a fair estimate.
Another project aiming to cause a stir in the meme coin casino space is Memebet token. Like Retardio, Memebet is generating significant buzz, but it’s also offering investors the opportunity to buy in on the ground floor via a presale.
Memebet Token Looks Set to be the Next Big GambleFi Crypto
Memebet aims to be the top left-curve meme coin casino, allowing users to wager DOGE, SHIB, PEPE, and more.
There will be thousands of casino games and sportsbook events to gamble on, and using the $MEMEBET token provides exclusive perks and advantages.
For instance, it will open users to an upcoming airdrop, which will launch while the presale is ongoing. The airdrop will gift ten winners $1K each, and they’ll be randomly selected from those who wager $MEMEBET.
One of the things that separates the Memebet Casino is that it provides utility to the once-useless meme coins. And given the high-risk nature of meme coins and online gambling, there is a lot of crossover between the sectors, which could easily drive users to Memebet.
Investing in the presale allows traders to capitalize on this emerging narrative since the token price will rise alongside the platform’s adoption.
Based on that, analyst Matthew Perry says that Memebet “will explode.
Perry did not provide an exact price prediction, but meme coin trader Crypto Boy recently said it can 100x.
The Memebet token presale is ongoing and has raised $460K so far.
It is currently priced at $0.0259, but this will rise throughout the ICO, with the next increase in two days.