It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.
Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites
~snip~
One of the main reasons is the fact that most of the people buy these tokens buy it to bet with it or use other gambling benefits that could come with holding that token and not to take some profit from the swings, probably most of them don't even check the token price that often, so holders of their tokens are mostly indifferent to price decrease and less likely to sell out of panic.
Actually because of the reasons mentioned these tokens are great buys (if the gambling website is reputable) on the dips as they're less likely to not recover from the lows, since the demand is almost always there and because there are some people waiting on the sidelines waiting for those dips to buy the tokens to bet with.
Some doesnt even aware that they had earned those platform based tokens yet they do believe that they are just using their bitcoin or other altcoins without even realizing or been aware that everytime that they
do wager they do earn up particularly with those casino based token/coins and of course they wont really be expecting something like that when it comes to its value but once they've been aware then for sure
they would be looking on using it and most likely they wont really be minding about investment and profit stuffs but rather using it back again on the platform.