Decent.bet (DBET) is leading a rally of gambling-focused cryptocurrencies, surging 60 percent so far in march on the back of a major new product announcement.

Earlier this month, the Decent.Bet team said it would be launching a new esports platform that will allow users to bet on themselves in popular video games including Fortnite. The market appears to have reacted strongly to the news; Decent.Bet’s DBET token is currently trading at $0.0509 for a market cap of around $9.5m, up from $5.7m at the start of the month.

Elsewhere the leading gambling-dedicated cryptocurrency by market cap, FunFair (FUN), has also enjoyed a good month. It has added around 25 percent to its value so far in March, off the back of a growing user base for its CasinoFair product

The top ten crypto gambling altcoin by market cap now have a combined value of almost $90m, an encouraging sign for the sector but still a long way from the $1.5 billion they were valued at in January 2018.

 

RELATED  Sportsbet.io to sponsor Premier League team Watford

Want to put your brand in front of thousands of crypto gamblers, traders and industry professionals?

Get in touch to partner with CryptoGamblingNews.com.

And while you are here, follow CryptoGamblingNews.com on Twitter and join the conversation at Telegram.