Quote from: Marvelman on Today at 12:41:59 PM

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Quote from: Hispo on September 04, 2022, 10:58:12 PM

Perhaps people do not want to sell their tokens ot they are staking most of it?
At least the liquidity does not look bad...

The main problem that faced not only by owl token but whole of gamblings tokens that available in the market. These kind of tokens are always lack of liquidity. I didn't even know why such thing was happening when i were seeing so many hype around it in the past. I saw that so many gambling tokens have almost zero liquidity even these tokens traded in some exchange sites. It seems like that people didn't wanna put their money on this kind of token or something else.
The liqudity can be seen as demand to the tokens as well.

I have seen that every gambling site has their main target to run their gambling site well but on the other hand they launch their utility token but they don't pay much attention to their token. After they listed their token on only a few small exchanges, they dropped the idea. Meanwhile, after trading well in the market for a few days, the price of those tokens slowly declines and their liquidity slowly runs out. So trading with casino site tokens is very risky now as like gambling

With all of the new gambling sites and casino tokens, I think it's fair to say that these sectors have their "little" niche. I guess you could say they are no different than most other industries. Although some gambling sites do make an effort to advertise their token and give the token holders something special, some companies don't see the need in investing time and money into their utility token. So when choosing a token to invest in, you will have to thoroughly research the company behind your favorite project. Therefore, it always depends on the product itself, not on any utility tokens!

An investor should think twice before investing in any token or any product. Because if someone panics and invests there after seeing some kind of hype, then his loss is more than his profit there . Not only gambling site tokens but also other tokens/coins have the same issue because all types of coins and tokens are victims of big scams, so before investing in cryptocurrencies, investors should do a good research on that coin and think about that coin in multiple time