Betswap Price Prediction – Where Is $BSGG Token Headed In 2025?

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The $BSGG price plunged 10% over the past 30 days to bottom at $0.00054. 

Developed on Ethereum as the native token of an online casino Betswap, $BSGG has been in one of the most bearish downtrends, with a heavy retracement from its early listing price of $0.0016. 

Meanwhile, Betswap’s poor market performance is no surprise, considering its low liquidity, caused by investors’ lack of confidence in its potential.  

Can $BSGG still get the attention of the investing community? In this article, we analyze where the GambleFi token could be heading in the coming months. 

What Is Betswap?

Betswap is a decentralized, permissionless, and peer-to-peer gambling platform that promises high odds, instant cashouts, and high winning opportunities. Launched in 2022, Betswap combines both Web2 and Web3 technologies to enhance users’ experience. 

At the heart of this online casino is its non-custodial betting posture, allowing gamblers to place their bets directly from their wallets without necessarily holding their funds. 

Meanwhile, thanks to its adoption of blockchain, Betswap provides direct access to casino, sports, esports, and fantasy sports gambling. 

When it comes to payments, Betswap supports bets through cryptocurrencies and fiats, allowing users to wager with any of the options that’s most convenient to them. Supported crypto assets on the platform include ETH, USDT, USDC, DAI, and its native token BSGG. 

Beyond being a wagering coin, BSGG serves several other purposes such as a governance role, staking, cashback rewards, and more. 

Betswap started well, boasting more than 1,000 weekly visits and over $6 million in amount wagered within its first few months. However, as the competition in the online gambling arena thickens, especially with the emergence of more innovative platforms like Mega Dice, Betswap struggled to retain the attention of a broad spectrum of players. 

Betswap Price Forecast – Can $BSGG Recover?

After an initial investment of $18.33 million from Wonderland DAO and several private rounds, BSGG officially made its market debut on Sushiswap around January 2022. Within a few hours of its launch, BSGG outperformed even major cryptos, rising by more than 10000% to touch a peak price of $0.17. This simply means those who purchased the token during its earliest stage recorded 100x returns on their initial investments.

Not long after, the broader crypto market succumbed to a prolonged bearish condition, with the collapse of projects like Terra/Luna triggering a crisis of confidence among investors. Amid the bear market, BSGG witnessed a massive sell-off, which in turn, resulted in its long-term downtrend. As investors moved their funds away, BSGG struggled for survival, trading in the red for most of the days in 2022 and 2023. 

The global cryptocurrency industry eventually survived the bear market after the approval of the first-ever Bitcoin ETFs in the United States ignited a sense of excitement and optimism within the investing community. With the crypto king Bitcoin leading the market-wide recovery and eventually attaining its current all-time high of $73,835 in March 2024, major altcoins like ETH, SOL, BNB, and even DOGE staged a dramatic pump in their prices. 

However, unlike other cryptos, the significant upturn in the market couldn’t rejig the momentum around BSGG as investors turned to newer alternatives with novel unique value propositions and long-term sustainability. 

Despite being around since two years ago, BSGG’s market cap is now back below the $1.5 million level, heightening its vulnerability to extreme price fluctuations. In fact, over the past 12 months, the BSGG price has plummeted 70%, with indications that the drawdown might even be far from over. 

That being said, BSGG’s poor price run is not unconnected to the weak market position of its online betting platform Betswap. While there’s no doubt that the online gambling space has recorded a surge of interest in the last few years, boasting a valuation exceeding $200 billion, Betswap has been struggling to draw the attention of the wider gaming community. This is due to the fact that there are many other similar platforms with even better gambling offerings competing for market share. 

If Betswap is able to establish itself in the market, improve its gambling possibilities, and probably attract the level of player base enjoyed by the likes of Rollbit, Mega Dice, and CoinPoker, BSGG will definitely see a noticeable rise in its market activity, potentially driving up its price. 

However, considering current developments around the casino ecosystem, there is more likelihood that the token will continue its downtrend until the end of the year. 

All in all, with the uncertainty around the future of $BSGG, investors might seek out new ICOs like Memebet with the potential for solid returns. 

New Token ICO Alternative To $BSGG – Memebet

Memebet made a grand entry into the market a couple of weeks ago and quickly became a trending topic, especially among those seeking optimal gains in 2024. Built on Ethereum, this revolutionary project prides itself as the first crypto gambling platform that caters to degen crypto gamblers. 

At its core, Memebet wants to pioneer the next generation of decentralized gambling, providing gaming possibilities that cater to the direct needs of meme enthusiasts. Staying true to this mission, the Memebet Casino will support all major meme coins, including its native token, $MEMEBET and others like Dogecoin, Shiba Inu, Bonk, Floki Inu, and many more. 

With this multi-meme approach, Memebet is creating a sense of belonging among different meme coin communities, allowing them to dive into the electrifying realm of online casino games.

Being an all-around online gambling platform, Memebet matches the tastes and preferences of everyone with its vast gaming department, covering different varieties of adrenaline-pumping slots, table games, and live casino games. 

The selection even becomes more versatile if we consider its sports betting segment which supports various sports, markets, tournaments, and betting odds that gamblers may not find elsewhere. 

The combination of these top-quality gambling opportunities not only opens up Memebet for mainstream adoption but also strengthens its position as a key player in the iGaming landscape.

Another major selling point of Memebet is its integration with Telegram. This strategic effort ensures that users across the globe can explore its gambling offerings anytime, anywhere without worrying about any KYC requirements.

Meanwhile, in recognition of its commitment to delivering superior gambling services, the Argentine Football Association (AFA) has announced Memebet as its regional partner. This development, coupled with its latest smart contract audit from Coinsult, adds an extra layer of credibility and legitimacy to the Memebet ecosystem.

Unlike other supported meme coins within the ecosystem, $MEMEBET will bring more value to players and investors. Those who hold or wager on games with it will be able to activate mega P2E airdrops, special NFT loot boxes, early access to new features and games, and several other VIP bonuses.

In essence, those who buy $MEMEBET while at presale stage will be able to unlock the aforementioned perks while also benefitting from the potential market gains that will greet the token when it finally opens for DEX trading.

$MEMEBET is backed by reputable crypto news outlets like Finbold, NewsBTC, Cryptonews, and Insidebitcoins to become a key player in the crypto gambling scene. More so, several market experts, including ClayBro and Crypto Gains have all spoken about its multiple potential upsides. 

In a recent YouTube video, ClayBro predicted that Memebet could capitalize on the real buzz around its presale, community strength, and the appealing gambling offerings of its casino ecosystem to gain traction.

At press time, the $MEMEBET presale is still live and has gathered close to $300k from early birds. Priced at $0.254, $MEMEBET can be exchanged with BNB, ETH, MATIC, USDT, or debit/credit cards. 

Above all, considering various experts’ predictions, this GambleFi token could be up for an explosive start upon launch.

For more information, follow Memebet on Twitter or join its Telegram channel. 

*Cryptonomist did not write the article or test the platform.