Best GambleFi Tokens To Watch For 2024 - Rollbit Coin, Decentral Games, New Gambling Cryptos
The recent growth of online gambling has created a market for GambleFi tokens to thrive on a massive scale. While the concept of tokens native to Bitcoin casinos is relatively new, they seem to have struck a chord with gambling enthusiasts, helping these cryptos gain value.
In this guide, we shall go over five such tokens that could end up being top gainers in the upcoming months and years.
Rollbit Coin (RLB)
The Rollbit Coin, or RLB, gained traction for not holding an ICO and instead directly airdropping its tokens to existing users of the casino and trading platform Rollbit. The casino, which was launched in 2020, has since been in the headlines, with the token currently holding the top rank among gamblefi tokens in the space.
Rollbit casino recently secured a large-scale partnership with the Italian football club SSC Napoli while introducing features such as NFT integrations and a generous rewards program. This factor has contributed to the token's value soaring, bringing its current market cap to approximately $396 million.
The project is likely to see considerable growth in the future, especially considering that the entire market cap of gamblefi tokens stands at just about $490 million. Since the token alone virtually owns more than 1/3rd of the market cap, the community speculates on further utility for the token, ultimately guiding it to higher price points in the upcoming months.
TG.Casino (TGC)
If the casino hosting a gamblefi token can make revolutionary strides in its space, then the value of the token is likely to follow a similar trajectory in terms of growth. This is what many expect to be the case with TGC, the native token of TG.Casino.
Launched in Q4 2023, TG.Casino has quickly become a renowned name in the industry, thanks to its innovative concept of creating a Telegram casino. The platform essentially offers players access to the same kind of casino experience while being available on Telegram, one of the top social media platforms in the world.
Introduced in September with a $5 million presale target, TG.Casino quickly managed to hit its mark in mid-December 2023. With full licensing and robust support from seasoned operators and a global web3 team, TG.Casino employs its native token, TGC, for enhanced gaming and financial benefits for its users.
TGC facilitates betting, offering perks like cashback and staking rewards. Notably, it plays a vital role in the ecosystem, with profits used for market buybacks. Out of this amount, 40% is burned to reduce supply, while 60% fuels a staking pool for long-term passive income. This impressive growth has helped the token secure a position in the top 10 gamblefi tokens list in terms of market cap, indicating its potential for growth in a stable or bullish market setting.
Meme Kombat (MK)
It is common for investors to be interested in presale tokens with good potential, as these often end up being some of the most profitable trades for many. The Meme Kombat project is being perceived as one such initiative, thanks to its unique gamblefi concept.
Meme Kombat takes a different approach from traditional contenders, as it doesn't create a complete casino but instead develops a Play-to-Earn (P2E) game that features AI-generated battles of meme token mascots for players to bet on. This unique concept gamifies it in the most meme-trendy way possible, making the project a crowd favourite.
Audited by Coinsult and forming the central element of the Meme Kombat ecosystem, the MK token can be used to bet on the results and for staking, ensuring an impressive APY. The game developer has also mentioned plans to launch the second season of the game and drive more engagement through marketing. Thanks to all this publicity and community engagement, Meme Kombat has been rated among the "top-three crypto presales" and one of the "best cryptos to buy now" by Times Union.
At the time of writing, the token is available for presale at memekombat.io at a price of $0.279 and has already managed to raise more than $7.45 million out of its $8 million presale goal. With all these developments and community growth, the MK token can also be expected to experience a pump post-launch, especially if the trend around memecoins continues going forward.
Wall Street Memes (WSM)
As the native currency of an emerging crypto casino, this gamblefi token is expected to be the next big casino token, thanks to the exciting theme that the casino is built around. Wall Street Memes was initially launched as a non-utility memecoin during the memecoin mania in 2023.
However, the team behind the project was already prominent in the crypto space, leading to the token achieving great success in terms of gaining a community and value. This success may have prompted the developers to introduce the casino aspect as well.
The crypto casino boasts a massive selection of games and operates as a licensed entity. It features some of the most exciting game titles from top providers and offers appealing promotions. The meme-based theme adds an extra charm to the casino's appeal, contributing to the growth of the WSM token.
Surprisingly, the utility of WSM may continue to increase as developers look to bring more value to the token within the casino as well as an individual asset. With a social media following surpassing 1 million and constant upgrades and announcements, WSM can be a top pick for investors considering investing in a gamble-fi token at the moment.
Visit the casino at wsmcasino.com and the crypto token project’s website at wallstmemes.com.
Decentral Games (DG)
Decentraland is arguably the most popular metaverse token in the industry over the past couple of years, and Decentral Games is a part of the same ecosystem. It is the first Metaverse casino, where one can play games like blackjack, roulette, poker, and others for money or for free in the metaverse itself.
This innovative concept of being able to visit the metaverse and then play within it is what makes the project stand out from the rest.
The Decentral token is what makes the casino function, serving as the currency used to place bets on the platform. However, that is not the only utility or benefit that the token holds. By holding this token, investors can unlock higher DG Casino rewards (up to 35% cashback and 50% referral rewards), the ability to govern the Decentral Games treasury, and vote on gameplay changes and other key decisions.
Naturally, such use cases and a direct relation to a popular and pioneering project like Decentraland are bound to help the gamblefi token grow. In fact, the project has also announced that it will be looking to launch a 2D mobile casino app in the coming months, which is likely to drive up the price of DG as the token will also serve as the native token on the platform.
After a major correction from its all-time low and a current price of $0.02, the token could be an interesting buy for investors looking to park their funds into high-potential gamblefi tokens. Learn more at decentral.games.
While there are many projects in the space that deal with gambling, not all Gamblefi tokens can be excellent investment options, as the industry is a niche space and may even take several more years for consistent growth to be recorded.
However, projects like the ones mentioned above are exceptions since they bring innovation to the industry. This is something that investors can bank on if they are looking for some major profits from the Gamblefi space in the future.
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