If you’ve been around the blockchain place in the previous pattern, you’ve probably heard about BetSwirl. After all, the project went lived in 2021 on Polygon. However, the task is catching more notice following its shift to Ethereum, which remains the most popular system. However, many of you are the first to learn about the BetSwirl bitcoin job and the Wagers gold. So, we’ll start yesterday’s article by covering the very foundations of this task. You’ll have a chance to discover what it’s all about at this point. We’ll look at the site’s staff, socials, and roadmap. We’ll make sure you are aware of the differences between BetSwirl v1 and BetSwirl v2 as well.

Next, we’ll focus on the Wagers crypto property. We’ll start with the fundamentals of the BetSwirl coin once more before getting to the stock’s specifics. This is where we’ll support the BetSwirl v2 tokenomics, value, and value activity.

Last but not least, we’ll discuss how to use Moralis Money to search for GambleFi jobs and other intriguing currencies with potential in their early stages, responding to the question,” Can crypto make you rich?“. problem!

What is BetSwirl?

By utilizing cutting-edge bitcoin systems, BetSwirl is a blockchain initiative that aims to transform the gambling industry’s future. Only by taking a rapid glance at the site’s official website (screenshot below ), we can instantly notice that the project utilizes Chainlink’s volatility and technology.

Additionally, BetSwirl is a cross-chain, provably fair gambling dapp ( decentralized application ). Nevertheless, it is also a cross-chain volatility provider and gaming system. Nevertheless, in the site’s whitepaper, BetSwirl presents itself as an open-source walk fostering technology. Therefore, it wants to make open-source software and activities that everyone can incorporate into their apps.

The BetSwirl Ecosystem

Inside the site’s documents, we find the ecology section. This is where BetSwirl lists activities, sports betting, staking, analytics/API, and deals, which are the products/services this GambleFi job provides.

Players over player games and gamer than house games are the two main categories at BetSwirl when it comes to games. The job now just offers its Russian roulette activity within the first category. However, the next class offers more matches, including stones, gold toss, and roulette.

In order to learn more about the activities and other parts of the BetSwirl habitat, make sure to explore the above-outlined documents.

On the other hand, using the BetSwirl app to access these elements in motion. You can do so via the” Open website” option in the top-right part of the earlier outlined site’s pages. You can choose the channel you want to rely on from the top menu once inside the dapp. Additionally, you have the option to select the specific habitat feature you want to explore from the side list.

Of course, to use the above-presented dapp, you’ll need to connect your Web3 wallet ( e. g., MetaMask ). Plus, for the chain you decide to focus on, you’ll need to have a native token ( ETH, MATIC, AVAX, BNB, ARB ) or some BETS crypto asset.

Team, Socials, and Roadmap

Under the Glossary area on the site’s pages, you can find the” Who is the staff”? topic. The truth states that there are eight talented crypto-native individuals making up the BetSwirl group. They claim to have a wealth of experience in goods design, graphic design, games style, and program development. Plus, the staff points out that it is committed to delivering the final Web3 entertainment experience.

While the team is not entirely doxxed, the” Team” part of the site’s whitepaper offers titles, roles, and descriptions of these key eight group members:

As for the site’s cultural, you can get its Link3, Discord, X, and Medium accounts/channels from the top of the BetSwirl pages:

Additionally, the project provides a detailed blueprint that dates back to the second quarter of 2021. Additionally, the strategy displays completed goals with natural checkmarks. You can see the particulars of BetSwirl’s blueprint inside the site’s docs or in the picture below:

BetSwirl V1 vs. BetSwirl V2

BetSwirl v1 refers to the site’s first program, focusing on the Polygon ring and other EVM-compatible stores. But, as pointed out earlier, in the summer of 2023, the job transitioned to BetSwirl v2. The development of the project to the Ethereum system is the main benefit of this transition.

As explained in the site’s X article from July 29, 2023, BetSwirl v2 can hold bigger investments with less erosion. The$ 1 million in liquidity in the 80/20 Balancer pool helped to achieve this goal:

What is the BetSwirl ( BETS ) Token?

The BetSwirl gift is the program’s local cryptocurrency. The Bet coin went lived in 2021 on Polygon and slowly expanded to BNB Smart Chain, Avalanche, and Arbitrum. Nevertheless, with the launch of BetSwirl v2, the Stakes crypto asset even lives on the leading customizable cryptocurrency: Ethereum.

Thus, the BETS gold is a cross-chain crypto. It is an EVM-compatible coin, which means that it adheres to accepted EVM-compatible chain standards for exchangeable tokens. For example, on Ethereum it follows the ERC-20 key normal.

Full Bet Crypto Evaluation

You should be familiar with the ins and outs of this bitcoin in order to determine whether or not the BetSwirl gift merits your interest. Using the Moralis Money$ Bet crypto sign website, you’ll be able to study the Stakes gold more in-depth yourself.

However, it only seems reasonable we cover some of the features in this article. As for, you can use the following areas to learn more about the Stakes crypto’s tokenomics, use circumstances, and price action.

BETS Coin’s Tokenomics

  • Token name: BetSwirl v2
  • Symbol/ticker: BETS or$ BETS
  • Token type: Fungible EVM-compatible token
  • Networks: Ethereum, Polygon, BNB Smart Chain, Avalanche, Arbitrum
  • Token smart contract address: 0x94025780a1ab58868d9b2dbbb775f44b32e8e6e5 ( the same address on all supported chains )
  • Maximum supply: 7, 777, 777, 777$ BETS
  • Token initial allocation:
    • 7 % treasury
    • 8 % team
    • 5 % protocol development
    • 20 % game’s bank liquidity
    • 21.69 % liquidity
    • 10 % marketing
    • 5 % advisors
    • 7.26 % strategic sale
    • 8.03 % private sale
    • 3.95 % IDO
    • 4.07 % burned

BetSwirl Token’s Use Cases

The BETS coin is the BetSwirl ecosystem’s utility token. Furthermore, these are the things users can do with the BetSwirl ( BETS ) token according to the project’s whitepaper:

  • Play BetSwirl games
  • Stake BETS to earn profits
  • Buy exclusive NFTs
  • HODL
  • Send it to friends, family, and users across multiple chains

Additionally, according to the whitepaper, BetSwirl uses BETS to provide liquidity for those who stake the asset, to cover marketing expenses and protocol developments, and to provide liquidity for the BetSwirl token pairs on DEXs.

$ BETS Price Action

CoinMarketCap provides a price chart that includes the price action for the two BETS crypto asset versions. The above weekly chart clearly demonstrates that the BetSwirl token price has spanned a large area. For instance, the wick of the first candle ( from May 2022 ) reached as high as$ 0.0003654, however, it closed at$ 0.00009739.

Then, the BETS crypto token worked its way around the$ 0.00012-ish-$ 0.000035-ish range throughout 2022.

You may recall that the overall crypto market started to rise in January 2023. As such, the BETS coin’s price also started to increase at that time. In fact, the token had quite a rally. It went from its low at$ 0.00003472 in early January 2023 all the way to$ 0.001151 in mid-March 2023. So, that was a roughly 33x price increase.

There was a larger pullback from$ 0.0009579 down to$ 0.0003797 along the way to the aforementioned top. And once the price reached$ 0.00151, it pulled back down again to the support at the$ 0.0004-ish region.

A couple of weekly closed candles stayed below$ 0.00074 for more than a month. Then, following a revisit of the$ 0.0004-ish region at the beginning of July 2023, the BETS coin rallied again. This time, the asset set its current ATH ( all-time high ) at$ 0.001327. However, the weekly close came in at$ 0.0009-ish.

A sharp dump and a quick recovery following the token’s ATH are not accurate reflections of the value of$ BETS. Instead, it is the result of the token moving to the new smart contract, which was the start of BetSwirl v2.

Post-Migration Price BETS Coin Chart

The above twelve-hour chart indicates the BETS crypto’s price action after the asset’s migration. It clearly demonstrates how little the value of the token has declined since its migration until September 3, 2023. On that day, the token found support on top of the previously significant$ 0.0004-ish level.

Only time will tell whether the bottom is in or whether the price of Bitcoin will drop. Naturally, this will depend a lot on how the rest of the crypto market reacts to price.

So, if the overall crypto market declines, it will also drop BETS. In that case,$ BETS will most likely revisit the previous level of significance at$ 0.00012-ish. And if the pullback would be severe, lows at$ 0.000035-ish are not out of the picture.

On the other hand, the BETS crypto token will likely reach its ATH levels if Bitcoin and the rest of the crypto market start to rise.

Money to Research BETS with Moralis

Make sure to conduct further research if you are interested in the BETS crypto token. The previous mention of Moralis Money’s token page for BETS is the best place to do this. As such, follow the above”$ BETS” link or use the interactive widget below:

How to Find GambleFi Projects Like BetSwirl

With its addition to Ethereum, BetSwirl has risen to the top of the list of GambleFi projects for the upcoming bull market. However, so far, Rollbit Coin has been the winner of 2023 when we talk about price action. After all, following Rollbit’s migration from Solana to Ethereum, the RLB coin experienced quite a run.

However, Rollbit was not the only GambleFi venture that made money in 2023. And before pumping, those who had the right tools were able to identify these kinds of tokens.

Exploring GambleFi’s BetSwirl – Stakes Coin and Platform Analysis – Key Takeaways

  • GableFi’s crypto project BetSwirl launched in 2021. It was first introduced on Polygon, but it soon expanded to other well-known EVM brands. However, it was n’t until July 2023 that the project migrated to Ethereum.
  • BetSwirl makes use of Chainlink’s power to guarantee verifiable randomness.
  • The project follows the open-source policy, allowing other projects to use their code and games.
  • BETS ‘ market cap is still rather low, so there’s a lot of potential room for growth.
  • The rest of the crypto market has a significant impact on the performance of the past$ BETS.
  • To determine if/when to buy$ BETS, use Moralis Money’s token page for the BETS crypto token.
  • Use Token Explorer to start exploring other GambleFi tokens and altcoin opportunities.

If you enjoy online gambling, the BetSwirl dapp deserves your attention. The BETS coin also has a solid potential for price appreciation.

However, you should n’t exclusively focus on this altcoin. After all, during a bull market, the average alt typically increases in value by more than 50-70x. As such, you should increase your chances of success by exploring other altcoin opportunities. And you ought to start learning how to do that effectively sooner rather than later. You’ll be prepared for the upcoming bull run in such a way that you can get the most out of it!