TRONbet’s ANTE token is trading at a market cap of around $70m, making the gambling platform the world’s largest blockchain gaming project by the capitalisation of its own tokens.
TRONbet.io’s ANTE tokens are currently trading on popular exchanges including TronTrade.io at around 26 TRX per ANTE. According to CoinGecko, a single ANTE token is trading at around $0.70, and given a total supply of 100m tokens, it gives a market cap of $70m.
The coin is being actively traded around the world. CoinGecko is reporting 24-hour trading volumes of around $200,000.
The ANTE token has proven so popular because it entitles holders to a share of the profits of TRON-based casino TRONbet.
A total of more than 67m ANTE is frozen on TRONbet.io in exchange for daily dividends, which regularly exceed more than 1m TRX ($27,000).
ANTE’s price has roughly doubled since the start of the year, helped in part by a burning and rebuy program conducted by TRONbet.