The gambling industry is a major and rapidly growing industry around the world. In 2022, the global gambling market was worth an estimated $493.6 billion, and it is expected to reach $930.9 billion by 2028.
The rise of cryptocurrency has had a significant impact on the gambling industry. Cryptocurrencies offer a number of advantages over traditional fiat currencies, such as faster transactions, lower fees, and anonymity. As a result, a number of gambling platforms have begun to accept cryptocurrencies, and a new breed of gambling-focused gambling cryptos has emerged.
Caccon Crypto
Caccon Crypto is a decentralized casino that uses the Tron blockchain. The platform offers a variety of games, including slots, roulette, and blackjack. Players can bet using TRX, BTC, and a number of other cryptocurrencies.
Caccon Crypto is a provably fair platform, and it also offers a number of features that are designed to attract players, such as a welcome bonus and a VIP rewards program.
Let’s take a look athe chart for trend analysis:
Broken all resistances, pumped well, now currently facing 2.72 FIB level resistance, and is getting rejected.
Blockchain Bets
Blockchain Bets is a decentralized gambling platform that uses the Ethereum blockchain. The platform offers a variety of games, including roulette, blackjack, and poker. Players can bet using ETH, BTC, and a number of other cryptocurrencies.
Blockchain Bets is a provably fair platform, which means that the results of all games are verifiable by the players. This helps to ensure that the games are fair and that players are not being cheated.
Let’s take a look athe chart for trend analysis:
Got rejected by strong resistance zone, currently coming back to test trendline support, which if broken will bleed further but if survived then would moon.
CoinPoker Crypto
CoinPoker is a cryptocurrency-only poker room that uses the EOS blockchain. The platform offers a variety of poker games, including Texas Hold’em, Omaha, and Seven Card Stud. Players can bet using EOS, BTC, and a number of other cryptocurrencies.
CoinPoker is a provably fair platform, and it also offers a number of features that are designed to protect players, such as two-factor authentication and cold storage for player funds.
Let’s take a look athe chart for trend analysis:
Facing two ways resistances, one by hard trendline, another marked in rectangular resistance box, if it breaks trendline resistance would surely resume upward trajectory.
Conclusion
These are just a few of the many gambling crypto tokens that are available. The gambling industry is still in its early stages of adoption of cryptocurrency, but it is clear that this is a trend that is here to stay.
As the industry continues to grow, we can expect to see even more gambling crypto tokens being developed and adopted by players.
Here are some other factors to consider when choosing a gambling crypto token:
- The security of the platform. Make sure that the platform uses a secure blockchain and that your funds are protected.
- The liquidity of the token. Make sure that the token is easy to buy and sell, and that there is a liquid market for it.
- The future potential of the token. Consider the long-term prospects of the token and whether it has the potential to grow in value.
It is important to do your own research before investing in any gambling crypto token.
For on-demand analysis of any cryptocurrency, join ourย Telegram channel.