The post Rollbit Surges 7000% in 2023: Scorpion Casino Next in Line for Explosive Price Action? appeared first on Coinpedia Fintech News

Most crypto investors are still fixated on Bitcoin, Ethereum, and Dogecoin, among other heavyweights. They tend to forget that these past sensations have lost much appeal, and their lacklustre performance doesn’t surprise them. They are saturated. 

High-quality projects reward investors with generous returns even amid market turbulence and long winter periods. A good example of this trend is Rollbit, which has recorded a 7000% surge this year. The casino token is one of the best-performing cryptocurrencies this year. According to market analysts, Scorpion Casino (SCORP) is next in line for an explosive price action. 

The hottest crypto of this month

Scorpion Casino (SCORP) has taken the market by storm this month with a hot presale past the $1M milestone at the time of writing. 

If you haven’t guessed already, SCORP is a casino token riding the success of competitors like Rollbit (RLB). The project justifies the hype around its presale. 

The online gambling and sports betting sectors are booming. In the coming years, they are projected to onboard more users, especially on the Web3 side of the world. Scorpion Casino is stepping into a fertile niche. It takes advantage of blockchain infrastructure to deliver users a safe and hassle-free gaming environment. 

The beauty of blockchain lies in its transparency, as all transactions are recorded on a decentralized ledger for anyone to see and verify. The immutability of the infrastructure makes it immune to fraud and scams. Eliminating concerns about the legitimacy of outcomes. 

The measure sets apart the project from traditional gambling platforms often accused of tilting the odds in favour of the house. The rewards are securely distributed through blockchain-based smart contracts as well. 

Fully regulated and licensed

Scorpion Casino is a fully regulated gambling platform. The Curacao EGaming Authority licenses it. With Scorpion Casino, you can experience one of the most secure and reliable online gambling experiences. The licensing serves as the foundation of the project’s credibility.

But there’s more. 

Scorpion Casino has addressed the crypto security aspect, undergoing a comprehensive audit by Solidproof. The blockchain security company has shown the project to be 100% safe. The team has undergone a rigorous KYC audit conducted by Assure DeFi, conforming to the KYC Gold Standard. 

These stringent scrutiny measures mitigate the risks associated with investing in SCORP presale and joining the contests featured on the gaming dashboard. 

Thrilling casino, sports betting, live betting, and crash games

Scorpion Casino puts itself at the forefront of the crypto-gambling sector by offering an extensive array of options. 

You will find around 30,000 monthly betting opportunities on the platform. There are 210 casino games, 160 live games, and a dozen captivating crash games. Their operating within a licensed, transparent, and verifiably fair framework gives them a competitive edge. 

Regarding sports betting, Scorpion Casino covers events across 35 different sports like football, tennis, American football, horse racing, basketball, golf, boxing, and MMA. 

The online casino section features games sourced from renowned industry leaders like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC. There is a diverse selection of slots and classic table games like blackjack and roulette to engage in poker and live casino experiences. 

Collaborations with industry giants like BetRadar and CoinsPaid ensure users can access the latest gaming features and functionalities.

More factors that explain the presale success

Like Rollbit (RLB), Scorpion Casino introduces a burning system that diminishes the token supply over time, thus fuelling the price action even during market downturns. The burning mechanism is accompanied by an attractive staking program with up to $10,000 USDT in daily passive rewards. 

The buzz around the presale is justified. The synergy between the burning and staking mechanisms sustains the long-term value appreciation of SCORP tokens. Anchored in platform revenue, rather than relying solely on tokenomics, they help the project avoid destabilizing the internal economy with staking rewards.

SCORP as a hedge against market volatility

Scorpion Casino provides a robust defence against the inherent volatility of the cryptocurrency market with its staking and burning mechanisms. And the token demand, driven by the diverse utilities on the gaming dashboard, underpins the project’s relevance. 

In essence, Scorpion Casino is an excellent short-term and long-term investment. Although the initial surge in token price will be fuelled by FOMO, the gaming utility will serve as the bedrock for its sustained long-term growth.

The lowest entry point to the project is the ongoing presale. Make sure you grab the tokens early, as the presale is moving toward a rapid sell-out at the current pace. 

To learn about the project development, giveaway contests, and presale updates, join the Scorpion Casino community on Telegram and Twitter. 

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Filed under: Bitcoin - @ September 17, 2023 5:54 am