2 mins read Last week saw a hike in all of our tracked gambling tokens' market caps, and though this has not continued across the board since the 3rd June, some projects definitely have something to shout about.
One of these blockchain casino projects is CasinoCoin. The token has seen a market cap boost to over $24m, an amazing rise of 41.9%. This follows last week's solid 8% rise and shows that the Foundation is on the right tracks in managing the CSC token. It bolstered its advisory board early this year with the appointment of Mark Wittenberg and continues to build on an impressive community following.
BetterBetting and its BETR token also saw a very healthy seven days of trading, seeing a market cap increase of almost a third. Although the peer-to-peer betting project has a much smaller capitalisation than other tokens we track, it has become a stalwart of the crypto sports betting scene. It has continued to iterate its betting proposition with more sporting events offered and cryptocurrencies accepted on its platform, and with greater adoption, could continue to rise up our token list.
Elsewhere, we've seen more usual price movements, with some casino projects taking hits while others have stayed close to previous levels. WINk, the TRON-based crypto casino, saw a surge in market cap in recent weeks following an increased token supply, but has plateaued over the last week at around the $27.5m mark. Its sportbook has recently resumed its live status, and we expect to see continued momentum from the operator when it releases its May report later this month.
Premium provably fair casino TrueFlip and sportsbook Wagerr have seen negligible token price drops which seem to fit into usual trading variation. Neither project will be overly concerned as they experience increasing daily user numbers on the back of additional content being onboarded by both in recent weeks.
Ethereum-based project FunFair Technologies is as it was last week. The blockchain casino supplier seems to be in a very healthy position of late, with its most prominent brand CasinoFair helping the network pass the 4,000 registered player milestone in early June. Fellow Ethereum project Edgeless, and its EDG token, saw a 12% drop in market cap over the past seven days.
- WINk (WIN)
- Market Cap: $27,682,266
- 7-day change: +1.2%
- BetterBetting (BETR)
- Market Cap: $167,599
- 7-day change: +31.9%
- FunFair (FUN)
- Market Cap: $20,123,302
- 7-day change: -0.5%
- Edgeless (EDG)
- Market Cap: $801,529
- 7-day change: -12%
- CasinoCoin (CSC)
- Market Cap: $24,139,411
- 7-day change: +41.9%
- BetProtocol (BEPRO)
- Market Cap: $1,805,560
- 7-day change: +2.1%
- TrueFlip (TFL)
- Market Cap: $3,983,504
- 7-day change: -6.8%
- Wagerr (WGR)
- Market Cap: $6,168,980
- 7-day change: -2.8%
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