In the latest update, the company revealed that a total of 184 betting events had taken place in the week from April 20-26. The total betting volume in the seven-day period amounted to 4,427,882 in WGR, with the total value of these bets amounting to the equivalent $112,917.
The biggest burn was suffered by a user who suffered a -104,814 WGR loss on a basketball match backing Taiwan Beer. A bet on Jeffrey Okuda Draft Spot (Under 4.5) saw 137,416 in $WGR minted, while the most action was generated by FC Minsk, the Belarusian soccer team, which brought in 181,423 WGR.
As of April 26, the total betting volume stood at 337,011,212 WGR and the token’s market cap stood at $6,650,178.
Wagerr has shown resilience despite a global slowdown in sports, but with many events returning this week, however, including the UFC, Korean K-League and First League, it looks well placed to capitalise on the increase in content.