Rollbit Challenger TG.Casino’s $TGC token price surges 50% after launch

adminJanuary 5, 2024

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Top Telegram licensed casino TG.Casino’s $TGC coin was launched on Uniswap today, up 50% in the first 20 minutes of trading and ranked #1 on popular trading site Dextools.

Following the success of Rollbit, trading volume soared past $3 million within minutes of launch as buyers piled into the coin that promises to be GambleFi’s next big thing.

Amazingly, the team moved quickly and efficiently. Because the coin is already live on Coinmarketcap, the leading cryptocurrency data and listing site, as you can see here: https://coinmarketcap.com/currency/tg-casino/

GambleFi is currently targeting one of the hottest sectors in the cryptocurrency space, targeting the insatiable appetite for betting. TG.Casino is attacking this market by leveraging the ease of use of Telegram and the transparency and trust of a crypto decentralized network.

$TGC was launched on decentralized exchanges at 6PM UTC (7PM CET / 1PM EST / 10AM PST) and can be purchased on trading sites such as Uniswap or Dextools.

The token contract is 0x85aa97537837514a9229fcaeb66eeef7242122bf.

The TG.Casino token was listed at $0.1886 after being pre-sold at $0.16. Of the total 100 million token supply, 40% were made available to early investors participating in the pre-sale.

Investors bought $TGC in the pre-sale, raising $5,000,000 for the project. However, unlike most presales, TG.Casino started raising money with a product that had already launched.

Already, the casino has surpassed the $100 million betting milestone, a goal it didn’t expect to reach until March.

$TGC Finally launched in less than 2 hours.
I posted this on my friends tech during the early pre-sale phase and it has since skyrocketed to over $100 million in pre-launch betting.
It is one of the best and easiest to use casinos and will give you good results in the medium to long term. Watch out for the dip. https://t.co/ZMfdd0xyFN
— Eric Cryptoman (@EricCryptoman) January 4, 2024

The TGC/WETH trading pair has a liquidity of $1.2 million, of which 98% is locked for 12 months. Due to the team’s strong commitment, buyers don’t have to worry about rug pulling. Far from it – smart contracts are audited by blockchain security company Coinsult. No major audit findings were found.

Now, with liquidity added to DEXtools (viewable here), the TG.Casino team has strengthened their optimism for the year ahead with a 12-month liquidity lock guarantee.

$TGC has a market capitalization of $22.7 million and its current price is $0.27. With trading volume flooding into this pair, impatient profit takers are likely already regretting their decision.

Although it is early days, the price action is off to a solid start and has established an upward trend line on the 1-minute chart.

TG.Casino’s buybacks, staking and burning help the price aim for the stars

A percentage of casino profits will be used to provide passive income through staking, along with a new burn mechanism that lowers the circulating supply of $TGC tokens. Burning increases the value of remaining tokens by increasing their scarcity.

Top analysts are predicting that the $TGC token DEX launch could create a sensation due to a confluence of token economic factors fueling market excitement.

Popular YouTube channel Cilinix Crypto predicts a 10x rise in TG.Casino.

Meanwhile, YouTube channel Crypto VO, with 314,000 subscribers, seized the opportunity to let active cryptocurrency traders know that TG.Casino could be their next 100x return on investment.

Here’s how staking on $TGC provides price buoyancy and powerful passive income.

A key factor in this is the large number of $TGC currently locked in staking, with 73.33% of $TGC supply staked at an attractive 130.43% APY, reducing the overhead risk from a sudden sell dump at launch.

This gives early traders the opportunity to make serious immediate profits by starting to trade on as little as 10% of the circulating supply. These are token economic conditions that could fuel strong price action later today.

There are 10 days left until the scheduled unlock begins.

Will TG.Casino dethrone Rollbit as the king of cryptocurrency casinos?

And this doesn’t even take into account the long-term growth potential of the most exciting GambleFi token launch in 2024 due to growing interest in cryptocurrency casinos. This caused the GambleFi token to defy bear market conditions and accelerate its individual market capitalization (RLB) up to $700 million. ).

According to Dune, the cumulative number of unique users on the Ethereum-based GambleFi platform jumped from 5,000 at the start of the year to 70,000 by December 2023.

In fact, the third and fourth quarter of 2023 saw an explosion of interest in the GambleFi sector, with Rollbit (RLB), a similar leading gambling token, surging +5,343% YTD.

The second-largest FUNtoken (FUN) recorded a +160% intraday pump in December as traders rushed to commit to GambleFi-specific Layer 2 extensions to Web3.

With volume surging 32.6% across the GambleFi sector, traders are clearly attracted to GambleFi’s market potential as they anticipate moonshot price action in 2024.

$TGC is positioned as an early entry opportunity for GambleFi FOMO in the coming months.

Join the TG Casino Telegram group with 8,399 members and check out the casino directly on Telegram. The number of followers also reaches 200,000. X (formerly Twitter)You can also check out the latest project developments, such as the latest big winning amounts at the casino.

And it’s not just cryptocurrency competitors like Rollbit that you need to watch out for. The legacy gambling space will also be worried by nimble and attractive challengers like TG.Casino.

Buy $TGC today and enjoy the opportunity to not only earn capital gains but also share in profits.

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