babygun
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August 25, 2022, 11:47:51 PM |
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If BFG just wants to break into the top 100 I don't think it's difficult they could use the back door by buying and selling their own tokens Many tokens that use this method just want to appear active in the market , well the problem is BFG wants to grow naturally This means BFG must go through many processes to achieve it and there is no other choice have to wait any longer.
I prefer that they don't do this method as organic growth is better but we just need to have a lot more patience before they will get listed on the bigger exchanges. They don't need to change their strategy all of a sudden just to do this.
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LUCKMCFLY
Legendary
Online
Activity: 2590
Merit: 1879
Leading Crypto Sports Betting & Casino Platform
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August 26, 2022, 02:08:33 AM |
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Low volume exchanges are a way to die actually. Because it means that in the long run you are going to be upset with the results. Low volume equals to low liquidity, and low liquidity means more manipulation. So, someone with a bit of money could come in and destroy the whole token.
We wouldn't want that, it would be smarter to just pick a big one and go with that, or at the very least, stay with the swaps like pancake so that you would have a lot more people focusing it on just one place. That way it would be hard to manipulate it, not impossible but at the very least they would have to go against the full power of betfury community and that’s something they rather wouldn't do.
In somehow it's true but we can't remove the fact that whales are whales, they can still do things that they will be wanting but I like your point, it would be more pressure to them if they will do it against the full power of the community, they can't just outrun the influence of real investors and supporters who are willing to play against them. As long as the team is doing their part in terms of keeping the ecosystem alive and they are doing business for the gamblers, the chance remain positive for BFG. Yes, it is understandable and I see the point you are referring to, however, I very much agree that a low-volume excahnge will not amount to anything, since many projects have followed that same path and are not doing well at all, and can be listed in many but they never manage to capture the desired volume, I think it is better to be in a high-level exchange than in many low-level ones, of course this is what I say in my way of thinking, and another thing is what the team of Betfury take into consideration, but I will do everything in my power to be in a level 1A exchange, BFG tokens are a priority for the platform. if the BFG token is used properly it will certainly be able to rise to the top but I'm not so sure about gambling players they don't pay much attention to the price they only focus on the benefits of the BFG token
I think a lot of players hold the BFG token for the nice daily interest they get but personally, I also do keep an eye on the price. If BFG gets listed on some major exchanges and if we would see a massive pump, I will probably sell some BFG (it is never a bad idea to take some profit). getting passive income from staking BFG tokens is the best thing for me, even though it's still a little, but per week I get around $2 - $3 from staking BFG tokens at betfury. if we look at the developer's promise, in the following years BFG will list on more exchanges and that's for sure they will do, I will also take a little profit from the increase in the price of BFG if that happens. I have been a witness to the growth of BFG tokens, and honestly I like more for now the benefit of giving good returns from staking for other currencies, so far considering how the market has been, it is much better to have the conviction that while Bitcoin continues at a relatively low price it is better to have it in staking mode, that is something that cannot be denied, and I like having it on the platform more than in other exchanges, I trust the platform much more as a security measure than a decentralized exchange. Unlike many, I am more focused on market speculation and investment, and for now I would stay calm doing Hodl.
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xSkylarx
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August 26, 2022, 02:52:59 AM |
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If BFG just wants to break into the top 100 I don't think it's difficult they could use the back door by buying and selling their own tokens Many tokens that use this method just want to appear active in the market , well the problem is BFG wants to grow naturally This means BFG must go through many processes to achieve it and there is no other choice have to wait any longer.
Hyping a coin or token is not good for the project especially if they are not prepared for it like they haven't accomplished many things on their roadmap. They will just ruin their project if they create fake volumes on exchanges that BFG is listed. A project that is new shouldn't focus on their marketcap rank but instead continue building and establishing a solid community that will support them in the long run.
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RealMalatesta
Legendary
Offline
Activity: 2366
Merit: 1124
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August 26, 2022, 11:28:14 AM |
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If market manipulation due to growth is not organic so it is very easy to detect from movement patterns and low trading volume (bot trading), such attempts will damage the confidence of the old holders due to irregularities in buying/selling values in trading history so that some investors will exit even though they will cut losses , so more potential if the team is planning a buyback and token burning reduces the circulating supply. I'm also sure Betfury won't make that mistake to achieve non-organic trading volume for the rank 100 position, betfury project for long term gambling concept so they work on every development carefully, BFG trading volume on biswap increased up to +$200k so very potential to be listed on the top exchanges.
I have seen a lot of tokens which tried to do fake volume so that they would be accepted, but then it is very difficult to arrange a situation where you would have to move to a bigger place and hope that they would help the volume and they just don't. Just because you are listed on binance for example, doesn't mean that you have to have a huge volume, go ahead and check, there are some with under 300k volume, which is not good for biannce or any project. Long story short, have an organic growth, BFG needs that, and as long as they do, then it will work out for the best, if they have something good organically then it is great, if they don't then give up binance dreams.
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ultrloa
Legendary
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Activity: 2926
Merit: 1268
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August 26, 2022, 12:36:28 PM |
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If BFG just wants to break into the top 100 I don't think it's difficult they could use the back door by buying and selling their own tokens Many tokens that use this method just want to appear active in the market , well the problem is BFG wants to grow naturally This means BFG must go through many processes to achieve it and there is no other choice have to wait any longer.
I prefer that they don't do this method as organic growth is better but we just need to have a lot more patience before they will get listed on the bigger exchanges. They don't need to change their strategy all of a sudden just to do this. That's right because anytime their token would die and no traders would dare to buy it if the price would dump for more harder due to fake growth shown for the action they did. That's why its good to take it slow while planning all things like creating utility and other things which can make their token useful to their platform since from this maybe they can accumulate real holders who's willing to wait for the huge opportunity to come with them on future.
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Beparanf
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August 26, 2022, 01:48:48 PM |
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I think a lot of players hold the BFG token for the nice daily interest they get but personally, I also do keep an eye on the price. If BFG gets listed on some major exchanges and if we would see a massive pump, I will probably sell some BFG (it is never a bad idea to take some profit).
There is no doubt that many users would also take profits if the BFG token were added to some top exchanges. By the way, if there is still uncertainty with the listing on Binance, then Betfury should at least try to fill out this application for listing on Kucoin. Moreover, if the Betfury team still wants to get into the top 100, then now is the best time for this because the minimum capitalization to reach the top 100 is only $351 million. If BFG just wants to break into the top 100 I don't think it's difficult they could use the back door by buying and selling their own tokens Many tokens that use this method just want to appear active in the market , well the problem is BFG wants to grow naturally This means BFG must go through many processes to achieve it and there is no other choice have to wait any longer. They are just fooling themselves if they will do it. Asides from growing organically, they the working casino with a great number of players. There’s no way for them to do such kind of things just to boost there token price because their main priority was the casino development and improvement because token price will just follow if the casino business reputation is already booming. Traders will voluntarily buy BFG tokens for themselves because they knew the potential of this token by just simply looking at the casino progress.
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dwyane36
Legendary
Offline
Activity: 3038
Merit: 2266
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August 26, 2022, 03:41:44 PM |
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If BFG just wants to break into the top 100 I don't think it's difficult they could use the back door by buying and selling their own tokens Many tokens that use this method just want to appear active in the market , well the problem is BFG wants to grow naturally This means BFG must go through many processes to achieve it and there is no other choice have to wait any longer.
They are just fooling themselves if they will do it. Asides from growing organically, they the working casino with a great number of players. There’s no way for them to do such kind of things just to boost there token price because their main priority was the casino development and improvement because token price will just follow if the casino business reputation is already booming. Traders will voluntarily buy BFG tokens for themselves because they knew the potential of this token by just simply looking at the casino progress. You're right. This kind of price boost is a shortsighted decision as it would only generate short-term demand for the BFG token. Obviously, if the Betfury devs value its reputation, they will never do such things. At the same time, it's worth noting that the price of the BFG token doesn't follow the development of the project at all. We can see that the Betfury team is constantly developing, improving, and adding new features to its platform. However, the price of the BFG token rarely reacts to this in any way.
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Rigon
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August 26, 2022, 06:58:11 PM |
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if the BFG token is used properly it will certainly be able to rise to the top but I'm not so sure about gambling players they don't pay much attention to the price they only focus on the benefits of the BFG token
I think a lot of players hold the BFG token for the nice daily interest they get but personally, I also do keep an eye on the price. If BFG gets listed on some major exchanges and if we would see a massive pump, I will probably sell some BFG (it is never a bad idea to take some profit). I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon.
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BobK71
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August 26, 2022, 07:23:31 PM |
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I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon.
As far as I know gaming tokens normally don't give high pump. They move in a small range. Currently, several gambling tokens have come into this market. According to me two of them have top positions. One is BFG and the other is Owl. BFG is the oldest project among these two. However, I believe this coin will definitely rise to a better position after a period of time and you may get comparatively good return by your holding.
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erep
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August 26, 2022, 08:56:27 PM |
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Long story short, have an organic growth, BFG needs that, and as long as they do, then it will work out for the best, if they have something good organically then it is great, if they don't then give up binance dreams.
I support gambling project growing with organic interaction because holders will increase and trading volume will increase every day and potential to list on top exchanges, some holders hope team can list BFG tokens on top exchanges for long term trading because during this time dex volume exchange dominates the highest volume while Cex trading is still low in volume because it has not been listed on the top exchange. The negative fact is that some argue that the dominance of high volume on the Dex exchange can invalidate trading liquidity and could drop the selling price of tokens from the addresses that have the most tokens.
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Strongkored
Legendary
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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August 27, 2022, 04:57:30 AM |
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I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon.
As far as I know gaming tokens normally don't give high pump. They move in a small range. Currently, several gambling tokens have come into this market. According to me two of them have top positions. One is BFG and the other is Owl. BFG is the oldest project among these two. However, I believe this coin will definitely rise to a better position after a period of time and you may get comparatively good return by your holding. It's true I haven't seen casino tokens pumped high, I don't know what makes tokens like this not pumped, I just thought maybe groups that used to pump and dump had a hard time doing it because casino tokens have loyal holders who have held them since the beginning of this project and so that when there will be an increase, the initial holders will benefit the most, not the group from the one doing the pump. It makes sense that BFG tokens have loyal holders because even though they haven't benefited from the price increase they are benefiting from staking interest
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|MINER|
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August 27, 2022, 08:27:39 AM |
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~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market .
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rojan
Sr. Member
Offline
Activity: 1554
Merit: 374
Vave.com - Crypto Casino
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August 27, 2022, 10:21:19 AM |
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if the BFG token is used properly it will certainly be able to rise to the top but I'm not so sure about gambling players they don't pay much attention to the price they only focus on the benefits of the BFG token
I think a lot of players hold the BFG token for the nice daily interest they get but personally, I also do keep an eye on the price. If BFG gets listed on some major exchanges and if we would see a massive pump, I will probably sell some BFG (it is never a bad idea to take some profit). I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon. Hold onto your BFG token. The price of BFG tokens will increase. That will have to wait. I have some tokens that I am trying to hold. I put this token that I thought would be good. I thought about buying some more BFG tokens. I think the price of this token will rise in a very short time. That will have to wait. I will soon buy some more tokens and hold them. I will sell these tokens when the price increases.
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Coin_trader
Copper Member
Legendary
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Activity: 2954
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Leading Crypto Sports Betting & Casino Platform
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August 27, 2022, 10:26:07 AM |
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~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market . It depends on the feature of the Casino tokens but it usually pump hard during initial listing of the tokens and just stabilize later on because casino is using it as a reward to all users that playing in the casino in exchange for there bets. The price is just stabilize because someone is buying either the casino buy back or other trader while players in the casino that gets the token as rewards keeps selling. Usually this kind of token shows an insane amount of growth after the token supply allocated for mining it is already empty which means there’s no new tokens generating to add in the circulating supply. It’s not true that Casino token price don’t pump high because they are pumping on early stage if you will check the price chart using long time frame. Only those casino failed token didn’t pump much since the beginning due to lack of demand.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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smartaction
Legendary
Offline
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
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August 27, 2022, 02:13:59 PM |
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~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market . Many gamblers use platform token for gamble but also many people trade gambling platform token on exchanger as another cryptocurrency trading . but in my own experience i know Gambling platform tokens are not listed on good exchanges like Binance, FTX, Coinbase. So the tokens are not likely to be traded by potential big traders. So gambling tokens are not seen to be more pumped.
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Eternad
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August 27, 2022, 02:39:09 PM |
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~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market . Many gamblers use platform token for gamble but also many people trade gambling platform token on exchanger as another cryptocurrency trading . but in my own experience i know Gambling platform tokens are not listed on good exchanges like Binance, FTX, Coinbase. So the tokens are not likely to be traded by potential big traders. So gambling tokens are not seen to be more pumped. It's true that not being listed on huge CEX is big factor for the price of the gambling tokens and the only gambling that I know that listed on Binance was FUN token which experienced mega pump the rime it was listed on Binance few years ago. Most of the new casino tokens still doesn't experienced this kind of pump since big CEX has a strict requirements on losting tokens that related on gambling which FUN token dodge since ot was listed on Binance before they updatethere requirements.
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dezoel
Legendary
Offline
Activity: 2198
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Leading Crypto Sports Betting & Casino Platform
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August 27, 2022, 09:12:12 PM |
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It depends on the feature of the Casino tokens but it usually pump hard during initial listing of the tokens and just stabilize later on because casino is using it as a reward to all users that playing in the casino in exchange for there bets. The price is just stabilize because someone is buying either the casino buy back or other trader while players in the casino that gets the token as rewards keeps selling. Usually this kind of token shows an insane amount of growth after the token supply allocated for mining it is already empty which means there’s no new tokens generating to add in the circulating supply.
It’s not true that Casino token price don’t pump high because they are pumping on early stage if you will check the price chart using long time frame. Only those casino failed token didn’t pump much since the beginning due to lack of demand.
You could find many reasons why it could be given away or anything, but there are very little places where it would make sense to buy it. I always said that have a 0% house edge with token type of deal, where the people could earn it a lot and in that case if they earn a lot because they do not lose and the house edge is 0%, then they would have it all, and could use it for rewards and what not to get, if not then they will lose it. Give people a reason to buy the casino token, otherwise it would be just rewards and that would not be really a good reason to exist, it doesn't make sense. BFG has a "bit" of good reason to buy, but not enough at all for sure.
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babygun
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August 27, 2022, 11:05:19 PM |
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It's true that not being listed on huge CEX is big factor for the price of the gambling tokens and the only gambling that I know that listed on Binance was FUN token which experienced mega pump the rime it was listed on Binance few years ago. Most of the new casino tokens still doesn't experienced this kind of pump since big CEX has a strict requirements on losting tokens that related on gambling which FUN token dodge since ot was listed on Binance before they updatethere requirements.
It is not because they have updated the requirements that it will be impossible to get listed there; it will take more work and effort for the team. All new tokens that get listed on Binance, always experience a massive pump (and also dump) when they get listed.
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|MINER|
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August 28, 2022, 08:50:34 AM |
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~snip~
I don't prefer to trade on gambling tokens I think this can be use for only gambling because as you already see their price movements it's not profitable for traders. And if I say about the listing on exchanger then as their present condition they are not capable for listing in any good exchangers like Binance, FTX. So I think these tokens should not for as general trading.
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smartaction
Legendary
Offline
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
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August 28, 2022, 12:04:38 PM |
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~snip~
I don't prefer to trade on gambling tokens I think this can be use for only gambling because as you already see their price movements it's not profitable for traders. And if I say about the listing on exchanger then as their present condition they are not capable for listing in any good exchangers like Binance, FTX. So I think these tokens should not for as general trading. you are completely wrong . gambling token is like another utility token . It is also used for gambling as well as trading . A token has no value if it is not traded . So trading acts like the oxygen to keep each token alive . So the token that has more trade will have more impact on the price rise and fall of that token . And gambling tokens are not listed on good exchanges so they are less traded. Due to which its price is not seen to increase much
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