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Online casino Betix has now ventured into the crypto market with the launch of its utility token – $BETX – and garnered more than $112k within the first three stages of its presale campaign.
According to the casino’s website, $BETX will serve multiple use cases, including providing early holders with exclusive entry to jackpot pools and special badges.
Can $BETX become the next 10x GambleFi gem? This article examines the fundamentals of this new presale crypto to forecast its future price action.
What Is Betix ($BETX)?
Betix describes itself as the “pioneering online casino for Web3 enthusiasts and players.” It offers a considerable number of table games spanning roulette, blackjack, poker, and baccarat titles. The casino is also home to a few slot and live casino games.
At its core, Betix allows players to get started without undergoing any rigorous KYC verification process. More so, the casino leverages the powers of blockchain technology to deliver swift and secure gameplay.
At the heart of Betix is its native token, $BETX. Through this token, Betix plans to provide daily rewards and lots of exclusive perks to active community members. Unlike traditional staking, holders of $BETX will be able to earn dividends without necessarily locking their tokens.
In addition to the aforementioned utility, $BETX also serves as a governance token, allowing holders to have a say on platform decisions and contribute to its future growth. To support the value of the token, Betix has put in place a buyback system to buy BETX tokens daily from the market using a percentage of casino revenues.
Finally, BETX has a total supply of 1 billion tokens. 40% of this supply, representing 400 million BETX has been allocated to its ongoing presale. The remaining 60% is distributed across liquidity, rewards pool, listings, company, and reserve.
Betix Price Prediction – Is $BETX The Next $RLB?
While $BETX may be in its earliest stage, Betix has explicitly stated its use cases, thereby making it possible to gauge its potential as a cryptocurrency. Built on the Binance Smart Chain (BSC), $BETX is designed to enhance users’ gaming experience and reward their participation.
Meanwhile, the $BETX ICO, according to its website, is structured across 11 stages, with each stage offering a unique price point. Betix also revealed that the $BETX listing price will be $0.02.
That being said, the growth of the BETX token will depend entirely on the success of the Betix casino ecosystem. If the platform is able to implement gaming features that can attract more players, $BETX will surely experience a boost in its price.
The project’s introduction of burn and buyback mechanisms will also impact its future price movements. Considering these dynamics, we predict that the $BETX price will end the year within the range of $0.025 to $0.028. This forecast is underpinned by the casino’s current status in the GambleFi industry and the general sentiment in the broader crypto market.
To better understand $BETX potential, let’s draw a comparison with RLB, the native token of a well-known crypto casino Rollbit. Launched for open trading in March 2022, the RLB token supports the gaming components and offerings of the Rollbit platform.
However, the token didn’t get the kind of pump that its developers expected until February 2023 when it suddenly rose from $0.0021 to $0.052. Since that time, RLB has formed many green candles on the price charts, thanks to Rollbit’s ability to retain and also attract new players.
At the time of writing, 1 $RLB is exchanging hands for $0.08782 and is up by more than 2,300% since its IEO debut.
BETX will only be able to replicate this incredible market performance if it is able to command the kind of robust user base enjoyed by Rollbit.
Betix Presale Alternative – Mega Dice ($DICE)
DICE is another alternative to BETX, thanks to the high engagement level and strong market presence of its native platform Mega Dice. Despite launching recently, Mega Dice has become one of the industry leaders in the GameFi sector, boasting over 50,000 active users and a staggering wagering volume exceeding $50 million every month.
Mega Dice is renowned for its all-encompassing gambling offerings spanning casino games, sports betting, and esports options. Like other leading online casinos around, Mega Dice is backed by seasoned software providers in today’s gambling sector.
Also, with its swift payout system, ever-active customer support, high betting limits, and mouth-watering bonuses, Mega Dice has become an ideal location for those who want to elevate their gameplay. One of the most intriguing aspects of Mega Dice is that it is accessible on Telegram.
While its web version is designed with users’ convenience in mind, Mega Dice’s Telegram pathway makes it possible for players to access their favorite games without any restrictions.
That being said, with its introduction of DICE, Mega Dice is making another grand threshold into the crypto realm, providing investors with a rare chance to become a partial owner of the casino ecosystem. Developed on Solana, buying and staking DICE tokens attract a daily reward that’s determined by the performance of the casino.
To further enrich DICE’s investment experience, the project is offering limited edition NFTs that will unlock more rewards and privileges on the platform. These digital assets can also be traded on various NFT marketplaces.
In addition to this, those who wager on games and sports betting markets with this token will unlock higher rakebacks and several VIP perks. There’s also a referral program where users will be able to get a 25% bonus for bringing friends and families to Mega Dice and contributing to the organic growth of the ecosystem.
Highly influential crypto YouTubers like CryptoTech say the aforementioned utilities, coupled with the real buzz around Mega Dice, position DICE as the next GambleFi token to watch closely this year.
In the video above the analyst even describes the crypto presale as a chance to get in early on ‘the next Rollbit on Solana’, the next big GambleFi token to deliver similar to the 1000x gains Rollbit Coin made since its launch.
For those willing to get in early, DICE is still available on presale, selling for a discounted rate of $0.10. Investors can purchase the token using major cryptos like SOL, ETH, and BNB.
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