40% of the tokens’ supply worth $5 million available for presale was recently sold out.
Telegram crypto gaming platform TG. Casino’s $TGC, launched on the Uniswap decentralized exchange on January 4, tapped a high of over $0.32 a day later. It slumped hard in the next few days but registered a 7% daily gain in 24 hours on January 8.
The development followed a successful presale campaign that met 100% of its fundraising goal of $5 million.
“With liquidity now added to the TGC/WETH trading pair on DEXtools, the TG Casino has bolstered optimism for the year ahead with a 12-month liquidity lock guarantee,” it stated in a PR.
As per CoinMarketCap, $TGC was trading at $0.1897, with a 7.07% daily gain and $20.37 million in market cap.
TG.Casino is an innovative crypto-gambling platform. This fully operational project has drawn the interest of prominent players in crypto gambling, thanks to its unique feature of TG.Casino NFTs. These NFTs provide access to a tiered rewards program and weekly rakebacks.
TG.Casino Hits $100 Million Wagering Milestone
TG Casino has over 3,500 players, and their collective deposits have crossed the $8 million mark. Over the past few months and weeks, significant wagering activity has led to a total wagered amount of over $100 million.
There’s also been a notable increase in weekly wager amounts in the last two weeks of 2023, the innovator crypto casino platform informed in a post on X, where its followers have soared to well past 21,000 since its launch in September 2023.
$TGC Tokenomics
In October, we reported that built on the private messaging app Telegram, TG Casino went live even as it was raising $5 million from early-bird investors by offering 40% of the token supply in presale to the general public.
Of the remaining, 20% was reserved for DEX liquidity, 20% for staking rewards, 10% for player rewards, 5% for marketing, and 5% for the project’s affiliates. The $TGC token that runs on the Ethereum blockchain was available for purchase with ETH, BNB, and USDT (ERC-20 and BEP-20).
