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2023 is in its last quarter. Yet, MATIC and ADA haven’t given investors a reason to be optimistic. The two tokens have plunged 33.79% and 31.17% over a year, hinting at saturation.
Investors are on the hunt for cryptocurrencies that can offset the losses and give them reliable returns in the coming months.
The online gambling industry is a rapidly expanding gaming niche driven by its accessibility and the wide array of options it offers. Being digital, it’s open to everyone and provides a diverse range of gambling experiences that local casinos can’t just compete with.
Nonetheless, the online gambling market comes with its fair share of challenges. Particularly when it comes to managing payments and rewards, which can, at times, become slow and complex.
This is where Web3 online gambling platforms enter. Their popularity has been rapidly growing over the past few years. For example, Rollbit (RLB), a crypto casino coin, is one of the top-performing digital assets this year. It has experienced a remarkable price surge, rising to over 7000% in a short timeframe. Bitcoin’s 40% surge during the same period looks miniscule in comparison.
RLB’s surprising growth can be attributed to the competitive advantage it derives from blockchain implementation. Instantaneous payments and transparent reward distribution are two of the most attractive features of blockchain platforms. Crypto casinos benefit from that, giving them a competitive edge against traditional counterparts that have often been accused of manipulative practices.
While Rollbit’s price performance is noteworthy, it is facing strong competition from new platforms like
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