With the Bitcoin price increasing over 40% in the past month and the Ethereum price increasing by over 60% in the last month, many crypto investors look to be taking profits off the table. This caused a recently pull back and many investors have sought to diversify away from the 2 leading cryptocurrencies.
InsanityBets has recently launched their presale, with a starting price of just $0.001. The team have stated in their whitepaper that they are targeting an exchange listing price of $0.018, with many investors excited about the returns on offer.
Bitcoin and Ethereum Keep Rising – Investors Take Profits
The recent crypto market bull run has seen the Bitcoin price rise by over 40% in a month, whilst the Ethereum price has risen by over 60% in the same time period.
Investors are being richly rewarded for holding during the crypto market sell off and are now riding the waves of positive sentiment in the crypto market created by positive headlines such as the recent approval and popularity of Bitcoin ETFs and the upcoming Bitcoin halving event.
These 2 events have caused record inflows into the Bitcoin market, with both Bitcoin and Ethereum seeing a surge in trading volumes,
Both Bitcoin and Ethereum have recently seen their price retreat, likely a cause of long term Bitcoin and Ethereum holders taking profits off the table. Many investors do this in order to diversify their portfolio, in the hope of unearthing the new Bitcoin.
InsanityBets Presale Launches – Investors Take Note
The InsanityBets presale has recently launched and investors have immediately become excited by the prospect of being able to become the house.
The current InsanityBets presale price of just $0.001 looks like great value when compared to the exchange listing price outlined in the whitepaper of $0.018.
The InsanityBets ecosystem includes a number of derivates such as staked IBET, burned IBET and the ILP token. These enable the platform to redistribute 85% of platform fees and 90% of house winnings to holders – a huge bonus that creates significant reason to attract users to the platform in order to boost personal yields. This is an innovative mechanism that will help to set the project apart in the crypto casino industry.
Based on sustainable and innovative tokenomics and having passed the scrutiny of being audited by 2 separate security firms, it looks as though the InsanityBets team have put together a winning formula.
InsanityBets (IBET) Seeks to Dominate a $231 Billion Industry
The InsanityBets team have confirmed that game development is already under way, with presale investors being able to test the games in beta format in the coming weeks.
The project is built with a long-term focus in mind. Whilst the quickest investors will be able to secure the biggest gains on exchange listing, the team are keen to point out that the tokenomics of the ecosystem have been built with a focus on creating long term stability in the project.
Seeking to rival big players such as Rollbut, it’s easy to see why investors are attracted to a project that is currently priced at a significant discount whilst offering long term yield through the redistribution of 85% of platform fees and 90% of casino winnings.
Take part in the InsanityBets presale and find out more about the project here:
Disclaimer: This is a paid post and should not be treated as news/advice.