Crypto Whales Are Backing This New GambleFi Token That’s Offering Over 2,000% APY
In line with the growing GambleFi trend, the exciting new TG.Casino token is creating quite a stir in its presale, having raised over $193k in just three days. More importantly, $TGC has already caught the attention of smart money traders and some deep-pocketed crypto whales.
The Crypto Whale Pumps channel on Telegram, which has 25k subscribers, is buzzing about the TG.Casino presale and the project’s long-term prospects. The group’s admin has a strong track record of making a bounty on lesser-known crypto gems - he previously generated 60% gains on the Pepe King token and another 40% on Golden Shib.
He recently revealed that he has purchased $TGC tokens in the ICO itself and is extremely enthusiastic about its price potential after launch.
Popular YouTube channel Cilinix Crypto, which has over 32K subscribers, is also early on the TG.Casino bandwagon. The token is even making waves on popular crypto publications like CoinTelegraph, Coinspeaker and Crypto News.
TG.Casino - World’s Number 1 Telegram Gambling Platform
The online gambling industry is booming and is quickly replacing brick-and-mortar casinos, thanks to its convenience, ease of access and exciting rewards. The market, which was valued at $63 billion in 2022, is expected to grow at a CAGR of 11% and hit the $150 billion mark by 2030.
However, there have been growing concerns around the fairness of online casinos and betting platforms, on top of the questions about slow transaction speed and exorbitant fees.
Thanks to the immutability and scalability of blockchain technology, crypto-based gambling platforms address all the aforementioned concerns, and as a result, are seeing a tremendous surge in popularity.
However, the TG.Casino platform is going a step further in its revolutionary approach - it is offering secure, anonymous and Telegram-based crypto gambling services, without the burden of any KYC verification or account setup.
Customers can enjoy hundreds of games and sports like the NBA, NFL, UFC and the MLB, while also competing with thousands of other players in live events.
The platform’s integration with Telegram - an app with over a billion users - is one of its most salient features. As already seen with the Crypto Whale Pumps group, Telegram is the home of millions of crypto and gambling enthusiasts and could play a crucial role in boosting TG.Casino’s user adoption.
The project has also leveraged Telegram's powerful bot API and utilises it for handling the game mechanics as well as an interface for users. Customers can take advantage of all these features, without even the need to download any additional application.
Furthermore, Telegram’s end-to-end encryption, along with regular audits, provide high-security standards for the ecosystem. Customers disaffected by the recent $40 million hack on the Stake casino can find a safe haven in TG.Casino.
Stake TGC Tokens To Earn Over 2000% APY
In order to separate itself from other platforms like Rollbit and Stake in the GamleFi race, TG.Casino has announced a lucrative on-chain staking mechanism to help its users earn attractive passive income.
A portion of the profits from the casino will be used to buy back $TGC tokens in the open market. 60% of these tokens will be distributed as staking rewards, while the remaining 40% will be burnt to create a deflationary supply and boost TGC’s value.
The TG.Casino staking pool is currently offering a staggering APY of over 2,000%, which is much higher than the industry standard of 5% to 7%. With this level of money on the table, it is no wonder that over 1.5 million tokens - which is over 88% of all $TGC sold in the presale - have already been staked.
This staking utility also incentivizes investors to hold their tokens for longer periods, a strategy that will protect TGC from any pump-and-dump price action that is all too common in the crypto market.
Furthermore, investors staking their tokens will also gain exclusive access to new games, promotional events and loyalty bonuses. However, even customers choosing not to stake their tokens will also earn gaming credit for simply playing the games and engaging with the community.
Purchasing $TGC tokens and staking them in the presale itself is the best strategy to reap maximum profits. However, interested buyers have no time to waste as the presale has already reached 19% of its minimum goal of $1 million.
Investors putting in over $5k in the ICO will become high rollers and will earn an exclusive NFT and exciting post-launch rewards.
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