Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The next big crypto to watch this year is Scorpion Casino ($SCORP).
As the name implies, Scorpion Casino is a GambleFi project. It enters the online gambling and sports betting realm with a large library of gripping gameplay. The track record of GambleFi projects like Rollbit Coin strengthens the potential of Scorpion Casino, which maintains a strong competitive edge in the market.
$SCORP Pre-Sale is Selling Out Fast! 🦂
🎉 $2.5M+ Raised
👥 5700+ Holders
🎲 Licensed & Regulated Crypto Casino
💰 Up to $10k USDT Daily Staking RewardsGet Daily Passive Staking Income from a Licensed Crypto Casino💸
Don’t miss out!
👉https://t.co/Z75XjmSi73… pic.twitter.com/bpXZ97mXZ6— Scorpion Casino (@ScorpionCasino) December 27, 2023
$SCORP Presale is Rapidly Approaching an Early Sell Out
The Scorpion Casino ($SCORP) presale is currently one of the most trending token sale events in the crypto market. After raising $4.4 million in a short span of time, the presale is closing in on an early sell-out.
The project’s high-potent investment outlook adds to the growing craze around the presale.
Much of it has to do with Scorpion Casino’s strong foundation within the GambleFi space. Although the project was launched only a year ago, it has managed to build a large user base within this time. More importantly, the token sale follows the project launch and not the other way around.
In a market crowded with flimsy tokens backed by equally flimsy projects, Scorpion Casino stands out. It is ahead of its roadmap and offers a credible investment opportunity to token buyers. With the gambling and sports betting dashboard already live, strategic investors are confidently pouring money into the project.
But that’s not all. Scorpion Casino seamlessly blends utility with passive income prospects, offering unparalleled profitability and reliability.
Staking, Burning, and Daily Passive Income Up to $10000
GambleFi targets a specific user base that is interested in gambling and sports betting. Although it is one of the most popular sectors in the crypto market, that doesn’t fully explain the widespread appeal of Scorpion Casino.
The project has been garnering attention from a broad and diverse community of investors.
Why is that?
It has to do with the provision of staking rewards on the platform, as part of maintaining a strong price action for the token. Along with a burning mechanism, the staking system armours the token against market fluctuations.
This is how it works:
Burning cuts down the total supply over time, taking advantage of the inverse relationship between price and supply. Staking motivates investors to hold on to their tokens despite the ups and downs in the market, with the promise of more returns.
When it comes to staking $SCORP tokens, investors can earn daily rewards of up to 10,000 USDT. The prospect has attracted strategic investors in significant numbers to the presale. The reward payout has already begun.
Earning passive income from crypto holdings is a compelling notion. But they also come with risks. For example, flimsy token frameworks can lead to a superficial staking system where the initial deposit, as well as the staking rewards, amount to nothing over time.
That happens when the token value declines so rapidly that the generated passive income can’t make up for the losses. The high APYs may prove to be irrelevant in these cases.
That explains why the underlying project’s stability and longevity are crucial to the profitability of the staking protocol. Let’s analyze Scorpion Casino from this aspect.
Can Scorpion Casino Support the Staking System?
$SCORP plays an integral role in executing the payment and reward system of Scorpion Casino. And the online gambling and sports betting dashboard is second to none when it comes to the diversity of offerings as well as user experience:
- With over 30,000 monthly betting opportunities, Scorpion Casino offers a curated selection of games.
- This includes 210+ casino games from top-tier providers, 160 live games, a comprehensive sports betting dashboard covering more than 35 sports, and engaging crash games.
- All offerings are set within a secure and licensed environment. The project has completed security measures such as licensing, auditing, and KYC checks, strengthening the credibility of its offerings.
The burning and staking processes based on the profitability of the gambling dashboard stand on a firm and fertile ground, as a result. The buy-back system has a robust foundation.
It’s Not Too Late to Buy $SCORP in the Presale
$SCORP is still in the presale phase, allowing investors to grab the token for attractive discounts. For example, the token is currently priced at $0.03. Its expected listing price, on the other hand, is $0.05. The vast difference leaves large room for returns to early investors. That is before the token launch.
As the market forces come into play after the debut listing, the project can surge anywhere from 500% to 1000% in the initial days. But $SCORP is best regarded as a long investment. Like Rollbit, it has the potential to kindle a 3000% to 5000% surge within a year.
Read the full article here