RE: GambleFi Portfolio | More WINR Accumulation!
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I'm surprised by how BFG has held its price during these sharp declines. That inspires confidence.
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You are viewing a single comment's thread:
I'm surprised by how BFG has held its price during these sharp declines. That inspires confidence.
It's actually not that big of a surprise, the centralized Gamblefi coins like BFG pretty much trade at a price that equals around 30% APY. As long as people continue to gamble and the dividends remain stable, there is protection against price crashes.
However if the market would pump purely on hype and sentiment, what keeps the price of Gamblefi up now will keep it down then. The perfect scenario is that there slowly but surely is more and more crypto adoption with people finding their way to these gambling sites which increases the revenue, the dividends and the token prices.