Post
Topic
Board Gambling
Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token
by
MusaMohamed
on 18/04/2024, 12:48:17 UTC
Shuffle is performing well in terms of profitability before the introduction of their tokens so you’re right when you said that their good revenue flow can help a lot to boos the price and at the same time burn a huge percentage of token since they are buying it back on lower price which is very good for the future valuation.

It’s dumb to sell SHFL tokens while the whole market is on correction since the current price is way undervalued considering it’s current supply and the token burn rate.
Shuffle did their business well before they joined Bitcoin talk forum and they did well in the forum before they deployed their SHFL token. I don't have skeptical thinking about their business and the success of SHFL token. It will need many conditions to succeed, from their platform reputation, success to tokenomics of SHFL token but generally I see bright future for the business and their native currency SHFL token.

Quote
I’m only waiting for this exchange to be available on cheaper fee blockchain such as BSC before I start to DCA. Doing DCA on Ethereum DEX or the current CEX seems not a good idea due to high fee and huge price spread on CEX.
The recent upgrade of Ethereum blockchain is still not enough to help retail investors or normal users with not big capital but need to move ETH or ERC20 tokens regularly.

Vitalik and his developer teams must work harder and release more upgrades to help on chain transaction fee on ETH blockchain cheaper than now.