Formerly Malta-based CasinoCoin, which is now run out of the Isle of Man as Eminence Ltd, appears to be back on the path to stability.
In light of the company's determination to keep things transparent, a list of achievements has been posted. For starters, CasinoCoin market cap hit a $147,500,000 closing price or a 2,358% increase in value. The trading value had increased to a peak of $3,250,000 in a single day at the time of writing.
Community following has grown by 400%, with community members now numbering 10,000 active followers of the project on the CoinMarketCap website.
Active wallets saw 5,000 new CSC addresses appear. This comes ahead of the official swap that will introduce the new technology and trading pairs previously discussed by CasinoCoin.
In light of these events, the company now believes it's the right time to shift its new CasinoCoin operations to the Hubb, its new head office.
When CasinoCoin Foundation's former technical consultant Daniel Keller stepped in as CEO in November 2020, the company faced oblivion because of bad management. In January, he cited the company's “mind-blowing amounts” of debt as just one of the problems he had inherited from the former Malta-based entity.
However, the project appears to have returned to a growth trajectory, which will keep it stable in the months to come.