As Neo (NEO) and Chainlink (LINK) price struggle to maintain their positions in the market as forecasted, investors are turning their attention to new players in the crypto space.
Enter InsanityBets, a cross-Chain gaming and gambling platform that’s set to shake up the industry in 2024 that is in its presale. A lot of big-brain investors are taking a chance of a potential $1 billion dollar market cap coin in its presale with a tiny single digit market cap.
Neo (NEO) Fails to Live to Expectations
Neo (NEO), one of the well-known cryptocurrencies, had a pretty poor bear market but has woken up with limited potential. The NEO price currently stands at 17.14 on March 12th 2024. It is very much prone to volatility.
Neo used to be quite popular and hit an all-time high of $198.38 back in January 2018, but unfortunately, it has dropped by about 93.64% in the bear market. This isn’t a good sign for NEO, and it makes people wonder if it can bounce back.
But what about InsanityBets (IBET)? This cryptocurrency’s platform allows you to use NFTs to bet against other players or the house. Plus, their fair randomness technology ensures everything is transparent.
Chainlink (LINK) Investors on Edge as Market Takes a Dip
Chainlink (LINK) price action continues to experience a slow-moving uptrend, with a current price of $21. The 7-day range of $17.89 to $21.59 shows a lack of bullish momentum and a possible bearish trend in the short term.
The Relative Strength Index (RSI) is currently at 38.869, indicating that investors should be prompted to sell.
Additionally, the Moving Average Convergence/Divergence (MACD) at -0.050 suggests a bearish trend in the upcoming days.
Finally, the moving average is below the current price, implying that Chainlink is headed to bearish territory.
Unlock the Potential of InsanityBets (IBET): A New Era in Crypto Gaming
In the dynamic world of cryptocurrency, InsanityBets (IBET) is making waves with its innovative approach to decentralized gaming and betting. Here’s why InsanityBets is capturing the interest of both gamers and investors:
Revolutionizing CasinoFi and GameFi: InsanityBets is not just another crypto project; it’s a decentralized platform transforming the online betting and gaming landscape. With its non-custodial casino experience, it allows users to become part of the house, reaping rewards from gameplay losses. This groundbreaking approach leverages blockchain technology to ensure fairness, transparency, and security, setting a new standard in the industry.
Innovative Investment and Gaming Mechanics:
Insane Liquidity Pool ($ILP): Offers users a unique opportunity to deposit cryptocurrencies and earn real yield from game losses, linking earnings directly to the platform’s economic activities.
Chainlink VRF for RNG: Ensures every game is provably fair, offering peace of mind and a level playing field for all participants.
Growth through Participation: The platform’s ‘flywheel effect’ magnifies growth and returns for ILP depositors, increasing max bet sizes and attracting a wider player base through shared profits from gameplay losses.
Community Empowerment and Profit Sharing:
DAO Governance: Empowers IBET token holders to influence game selection and platform fees, placing the power directly in the community’s hands.
Generous Profit Redistribution: Stakers of IBET receive 60% of profits generated in the NFT marketplace, along with the ability to vote on upcoming game releases and participate in the exclusive GoInsane betting pool.
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Website: https://insanitybets.com
Presale: https://buy.insanitybets.com
X/Twitter: https://x.com/insanitybetsÂ
Telegram Community: https://t.me/insanitybets
