Cryptocurrencies created specifically for the gambling sector now have a combined value in excess of $150 million, according to research from CryptoGamblingNews.com.
Gambling-focused cryptocurrencies, such as FunFair Technologies’s $FUN token, remain popular among crypto traders.
The combined market cap of the leading 22 gambling cryptocurrencies is now greater than $150 million dollars, with speculators trading more than $3 million per day across these coins.
Currently, the most valuable gambling cryptocurrency by market capitalisation is $WIN, a coin used to power the decentralised WINk casino.
And five gambling-focused cryptocurrencies now hold market capitalisations in excess of $10 million.
The data is provided by a newly-launched tracker, which reports the value of gambling-dedicated cryptocurrencies in real time, as well as providing sector wide insights and data.
A CryptoGamblingNews.com spokesperson said: “Cryptocurrencies created for the gambling industry are increasingly attracting the attention of traders.
“As the crypto gambling sector continues to consolidate, investors are identifying a handful of cryptocurrencies with high growth potential, and investing significant sums to ensure they do not miss out on the action.”
According to previous research from the CryptoGamblingNews.com team, more than 30,000 customers play at blockchain casinos each week.
You can track the latest prices across the crypto gambling sector in real-time at: www.cryptogamblingnews.com/cryptocurrencies/