Top 2 GambleFi Projects Right Now – But This One Crypto Casino Presale Is Aiming To Become Number One

Rollbit (RLB) Shuffle (SHFL) are two of the most prominent GambleFi projects currently, but MemeBet (MEMEBET) is aiming for that No.1 spot.

GambleFi is heating up once again after Rollbit led the charge last summer with a mini bull run for crypto casinos. Coingecko data lists the GambleFi sector as being a $465 million market.

This number is tiny compared to the global casino market, worth over $138 billion, per a Casino Global Market Report 2024.

We will look at the top 2 GambleFi projects (with functioning casinos and a native token) by market cap.

Stick around until the end as we share one GambleFi project that is still in presale and aims to take over the space.

Rollbit (RLB) – Leader Of The Pack

Rollbit (RLB), Price Trading volume in 24h Last 7d price movement , was launched in February 2020 and became the leading crypto casino in the world. It has over 1M registered users, an estimated $40 million wagered per day, and more than 5 billion wagered since the launch. Rollbit has an approximate annual revenue of $500M. While this may seem high, it only accounts for 0.1% of the total worldwide online gambling revenue as of 2023.

The Casino Global Market Report predicts that the revenue forecast for the space will exceed $165 billion by 2033. Rollbits popularity, coupled with the growing use of crypto world

The online gambling space has extremely high growth forecasts for the next decade. With Rollbit accounting for only 0.1% of the total revenue share, there is a high potential for a lot more upside for the RLB token as we move into this coming bull run.

RLB has a current market cap of $272 million. This seems highly undervalued when considering its $500 million+ annual revenue and analysts’ predictions for the growth of online gambling over the next decade. Due to its position as a market leader in the GambleFi space, keep an eye on RLB to take off once this bull run truly gets going.

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Shuffle (SHFL) – New Kid On The Block

Shuffle (SHFL), Price Trading volume in 24h Last 7d price movement , launched on 1 February 2023, and the SHFL token went live in March 2024. It boasts a full crypto casino and sports betting platform. There are a reported 35,000 registered users, and over 2.8 billion bets have been waged across its product range.

The UI clearly takes inspiration from the Rollbit platform, which makes sense given Rollbit’s insane growth over the past 18 months. Shuffle announced a $2.5 million funding round in February of this year, which was led by multiple digital asset VCs alongside notable angel investors.

SHFL looks like a good beta play to RLB as its market cap is currently $31 million, around 8x less than Rollbits. It is also only available on DEXs, which means any future CEX listings are likely to increase its accessibility and as a result, the price of SHFL will skyrocket.

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MemeBet (MEMEBET) Looks Ready To Take Over GambleFi As The Presale Raises Over $150k In Less Than 24 Hours

The MemeBet Casino (MEMEBET) presale has been live for less than a day and has already raised over $150,000. It looks set to rival the market leaders in the GambleFi space as a new online casino where users can wager directly with meme coins for the first time.

MemeBet is being built with ‘degens’ in mind. It offers a diverse range of casino games, meme coin betting options, high-stakes, and a sportsbook. Users can place bets using notable meme coins such as Dogecoin (DOGE) and Pepe (PEPE), amongst others.

Although the presale has only just gotten underway, the team has already announced a partnership with the Argentinian National Football Team. This level of partnership further highlights the vision and scope of the MemeBet team.

Memebet Casino is built on Ethereum, taking advantage of its simplicity, robust security, and global use as the leading layer-1 network. The platform is integrated with Telegram, so users can be assured of a smooth gaming experience.

This also means that the platform will not implement any KYC measures for users.

During this first stage of the MemeBet presale, the token is available at its lowest price of $0.025. However, as the project moves into its second funding stage, the price will increase.

There are now less than 48-hours left of the first stage. Securing your bag here means you are automatically profiting as the project moves through multiple funding stages.

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.