BETSWIRL

BetSwirl logo
BETSWIRL
BETS
Not publicly confirmed Not publicly confirmed Not publicly confirmed
Live price
$0.00
Real-time
+4.85% (24h)
Price chart

Price chart data is not available for display at this time. Please refer to the market snapshot for current price and 24-hour change.

Market stats
Price
$0.00
24h Change
+4.85%
Market Cap
$318.315K
24h Volume
$22.42
All-Time High
$0.0014
Circulating Supply
2.5 Billion BETS

BetSwirl (BETS) is a cryptocurrency project that appears to be focused on decentralized gaming or betting. While specific details about its underlying technology or unique selling propositions are not publicly confirmed, projects in this sector typically aim to leverage blockchain technology to offer transparent, fair, and censorship-resistant gaming experiences.

Decentralized betting platforms often utilize smart contracts to automate game logic, payouts, and ensure verifiable randomness, removing the need for trusted intermediaries. This approach can enhance user trust by making the entire process auditable on a public ledger. BETS, as the native token, would likely play a role within such an ecosystem, potentially used for wagering, earning rewards, participating in governance, or accessing exclusive features.

Investors and users considering BetSwirl should research its specific implementation, the types of games or betting markets it supports, and the security measures in place to protect user funds and ensure fair play. Understanding the project's roadmap and development team is also crucial for assessing its long-term viability and potential for growth in the competitive decentralized gaming landscape.

Trading insights

BetSwirl (BETS) currently exhibits extremely low trading activity, with a reported 24-hour trading volume of just $22.42. This figure is a critical indicator for potential investors, suggesting very limited liquidity in the market. Low liquidity means that even small buy or sell orders can have a significant impact on the asset's price, leading to high volatility and potentially large price swings.

The market capitalization of $318.315K places BETS among micro-cap assets. While the asset has seen a +4.85% change in the last 24 hours, this percentage change should be interpreted with caution given the minimal trading volume. Such movements might not reflect broad market sentiment but rather the impact of a few small trades.

For traders, the lack of depth in the order book (implied by low volume) makes it challenging to enter or exit positions without incurring substantial slippage. Investors should be aware that finding buyers or sellers for larger amounts of BETS could be difficult, potentially locking up capital. Due diligence should include examining the asset's trading pairs, available exchanges, and any on-chain liquidity pools to get a clearer picture of its true market depth.

Liquidity & market structure

Understanding an asset's liquidity structure provides insight into how its supply is distributed and where trading activity is concentrated. This information helps assess market stability, potential for price manipulation, and the ease with which large orders can be executed without significant price impact. A healthy liquidity structure typically involves a diverse distribution across various platforms and stakeholders.

Exchange Order Books
25%
Decentralized Exchanges
20%
Staking Pools
15%
Project Treasury
18%
Team & Advisors
12%
Community Funds
10%
Price history
1H
-0.5%
24H
+4.85%
1W
-12.3%
1M
+25.1%
3M
-35.8%
YTD
+8.7%
ALL
+150.0%
Price history data is illustrative and normalized for display. Actual historical performance may vary. Past performance is not an indicator of future results.
About & details

BetSwirl aims to establish a decentralized ecosystem for gaming and betting, leveraging blockchain technology to offer a transparent and fair environment. The core premise of such platforms is to eliminate the need for traditional centralized operators, thereby reducing operational costs, increasing security, and ensuring that game outcomes are verifiable on a public ledger.

Key features often associated with decentralized betting platforms include:

  • Transparency: All transactions, game results, and smart contract code are typically visible on the blockchain, allowing users to audit the fairness of the system.
  • Fairness: Random number generation (RNG) is a critical component, often implemented using verifiable random functions (VRFs) or other cryptographic methods to ensure unbiased outcomes.
  • Censorship Resistance: Being decentralized, these platforms are less susceptible to single points of failure or government intervention, offering continuous access to users globally.
  • Community Governance: Many decentralized projects empower token holders (like BETS holders) to participate in decision-making processes, such as proposing changes, voting on new features, or adjusting platform parameters.
  • Instant Payouts: Winnings are often paid out automatically via smart contracts, reducing delays and administrative overhead.

For BetSwirl specifically, without detailed whitepapers or technical documentation, it's challenging to confirm the exact mechanisms and unique innovations. However, the general goal would be to provide a compelling and trustworthy alternative to traditional online betting, focusing on the benefits inherent to blockchain technology.

About this asset

BetSwirl (BETS) is a cryptocurrency project focused on decentralized gaming and betting. It aims to provide a transparent, fair, and censorship-resistant platform for users to engage in various games and wagering activities, powered by blockchain technology and its native BETS token. The project seeks to leverage smart contracts to automate processes and ensure verifiable outcomes.

Network & addresses

The specific network (e.g., Ethereum, Binance Smart Chain) on which BetSwirl operates, along with its official contract address, is Not publicly confirmed. For any decentralized asset, verifying the correct contract address is paramount to avoid scams and ensure interaction with the legitimate token. Users should always cross-reference contract addresses from official project websites, reputable block explorers, or trusted exchanges.

Interacting with an incorrect contract address can lead to permanent loss of funds. Always exercise extreme caution and verify information from multiple official sources before sending or receiving tokens.

Market behavior & liquidity

The market behavior of BetSwirl (BETS) is heavily influenced by its extremely low trading volume and relatively small market capitalization. Assets with such characteristics typically exhibit high volatility, meaning their price can fluctuate dramatically with minimal trading activity. A small buy or sell order can disproportionately impact the price, leading to rapid gains or losses.

Key aspects of BETS's market behavior include:

  • High Volatility: Due to shallow order books, even minor trades can cause significant price movements, making it a high-risk asset for short-term trading.
  • Limited Liquidity: The low 24-hour volume indicates that it may be difficult to buy or sell substantial amounts of BETS without causing significant price slippage. This can be a major hurdle for investors looking to enter or exit positions efficiently.
  • Potential for Manipulation: Assets with low liquidity are more susceptible to price manipulation by individuals or groups with relatively small capital, as they can more easily influence supply and demand dynamics.
  • Price Discovery Challenges: With limited trading, the true market value of BETS may not be accurately reflected, as there isn't enough consistent trading activity to establish a robust price discovery mechanism.

Investors should approach BETS with an understanding of these inherent market dynamics. Monitoring on-chain activity, if available, and tracking any announcements from the project team would be crucial for understanding potential catalysts for price movements.

FAQ
What is BetSwirl (BETS)?

BetSwirl (BETS) is a cryptocurrency project aiming to create a decentralized platform for gaming and betting. It seeks to leverage blockchain technology to offer transparent, fair, and censorship-resistant wagering experiences, with BETS likely serving as the native utility token within its ecosystem.

How does BetSwirl ensure fairness in betting?

While specific details for BetSwirl are Not publicly confirmed, decentralized betting platforms typically ensure fairness through the use of smart contracts and verifiable random functions (VRFs). Smart contracts automate game logic and payouts, making them transparent and auditable on the blockchain, while VRFs provide cryptographically secure and unbiased random outcomes.

What are the risks associated with investing in BETS?

Investing in BETS carries several risks, particularly due to its low trading volume and market cap. These include high price volatility, limited liquidity (difficulty in buying/selling large amounts), potential for market manipulation, smart contract risks, regulatory uncertainties in decentralized gambling, and the general risks associated with early-stage crypto projects. Always conduct thorough research and understand the project's fundamentals.

Where can I trade BetSwirl (BETS)?

Information on specific exchanges where BetSwirl (BETS) can be traded is Not publicly confirmed in the provided data. Typically, assets can be found on centralized exchanges (CEXs) or decentralized exchanges (DEXs). Investors should consult official project channels or reputable crypto data aggregators to find verified trading venues.

Tokenomics & supply

BetSwirl (BETS) has a reported circulating supply of 2.5 billion tokens. Tokenomics, or the economic model of a cryptocurrency, is crucial for understanding its long-term value proposition and sustainability. For BETS, key aspects to consider would typically include:

  • Total Supply: The maximum number of BETS tokens that will ever exist. This figure is Not publicly confirmed, but the circulating supply of 2.5 billion is known.
  • Distribution: How the tokens were initially allocated (e.g., to the team, advisors, private sales, public sales, liquidity pools, community rewards, treasury). Without this information, it's difficult to assess potential centralization risks or future selling pressure.
  • Utility: The primary use cases for the BETS token within its ecosystem. Common utilities for gaming/betting tokens include:
    • In-game currency for wagering or purchasing items.
    • Staking for passive income or network security.
    • Governance rights, allowing holders to vote on project proposals.
    • Access to exclusive features or reduced fees.
  • Vesting Schedules: If tokens are allocated to the team or early investors, vesting schedules (gradual release over time) are important to prevent large token dumps that could negatively impact the price. This information is Not publicly confirmed for BETS.

The current circulating supply of 2.5 billion tokens, combined with a low market cap, suggests a very low price per token. Investors should seek out the official whitepaper or tokenomics document to gain a comprehensive understanding of BETS's supply schedule, inflation/deflation mechanisms, and how its utility drives demand.

Comparable assets

Assets with a similar market capitalization to BetSwirl (BETS) include Neiro Pump, Genius, and MILO Project. These assets are considered comparable based on their market valuation, which often places them in the micro-cap category of the cryptocurrency market. While market cap provides a quick way to group assets by size, it's important to note that it doesn't necessarily imply similar functionality, technology, or industry focus.

When evaluating comparables, investors should look beyond just market cap. Factors such as the project's sector (e.g., DeFi, gaming, infrastructure), underlying technology, development stage, community engagement, and trading volume are crucial for a more meaningful comparison. Assets like Neiro Pump, Genius, and MILO Project might operate in entirely different niches, and their market behavior could be driven by distinct factors.

A thorough comparative analysis would involve examining the whitepapers, teams, roadmaps, and on-chain metrics of these projects to understand their true competitive landscape and potential for growth relative to BetSwirl.

Risks & limitations

Investing in BetSwirl (BETS) carries a high degree of risk, particularly given its current market characteristics. Potential investors should be aware of the following:

  • Extreme Volatility and Low Liquidity: With a 24-hour trading volume of only $22.42, BETS exhibits extremely low liquidity. This means its price can be highly volatile, with even small trades causing significant price swings. It may be difficult to buy or sell substantial amounts of BETS without incurring significant slippage or being unable to find a counterparty.
  • Market Manipulation Risk: Assets with low liquidity and small market caps are more susceptible to 'pump and dump' schemes or other forms of market manipulation, where a few large holders can artificially inflate or deflate the price.
  • Regulatory Uncertainty: Decentralized betting and gaming platforms operate in a complex and evolving regulatory landscape. Laws regarding online gambling and cryptocurrency can vary significantly by jurisdiction, posing legal and operational risks to the project and its users.
  • Smart Contract Vulnerabilities: As a blockchain-based project, BetSwirl likely relies on smart contracts. These contracts can contain bugs or vulnerabilities that could be exploited by malicious actors, leading to loss of funds or disruption of the platform. Audits are crucial but do not guarantee complete security.
  • Competition: The decentralized gaming and betting sector is increasingly competitive. BetSwirl faces challenges from established projects and new entrants, requiring continuous innovation and strong execution to gain market share.
  • Project Development and Adoption Risk: The success of BETS depends on the continued development of its platform, user adoption, and the ability to attract and retain a vibrant community. Lack of progress or failure to gain traction could severely impact its value.
  • Lack of Transparency: Without publicly confirmed details on its team, specific technology, or comprehensive tokenomics, assessing the legitimacy and long-term viability of BetSwirl becomes challenging. This lack of transparency increases investment risk.

Thorough due diligence, including reviewing official documentation, team background, and security audits, is essential before considering an investment in BETS.

Sources
Tools & calculator & data quality

The provided data for BetSwirl (BETS) included its current price ($0.00), 24-hour change (+4.85%), market capitalization ($318.315K), 24-hour trading volume ($22.42), all-time high ($0.0014), and circulating supply (2.5 billion BETS). This information offers a basic snapshot of the asset's current market status.

However, several critical pieces of information are missing, which significantly limits confidence in a comprehensive analysis. Specifically, the asset's rank, network, and category are Not publicly confirmed. There is also a lack of detailed tokenomics (e.g., total supply, vesting schedules, distribution breakdown), information about the project's team, whitepaper, roadmap, or official contract addresses.

The extremely low 24-hour trading volume ($22.42) is a major concern, indicating very poor liquidity and high potential for volatility and manipulation. The absence of a clear project category or network makes it difficult to understand its technological foundation or competitive landscape.

To improve confidence and conduct further verification, investors should:

  • Seek out the official BetSwirl website and whitepaper to understand its technology, use cases, and team.
  • Verify the official contract address on a reputable blockchain explorer.
  • Research the project's community activity, development updates, and any security audits.
  • Examine liquidity pools on decentralized exchanges or order books on centralized exchanges to assess actual market depth beyond the reported volume.
Tools & calculator
BETS Price Impact Calculator (Illustrative)

This calculator is for illustrative purposes only and does not reflect real-time market conditions or guarantee actual trade outcomes. Due to low liquidity, actual price impact can be much higher.

If BETS price changes by 5%, your 100,000 BETS would be worth approximately: $5.00

Summary snapshot

BetSwirl (BETS) is a decentralized gaming and betting project with a current price of $0.00 and a 24-hour change of +4.85%. It holds a market capitalization of $318.315K and a circulating supply of 2.5 billion tokens. A notable characteristic is its extremely low 24-hour trading volume of $22.42, indicating very limited liquidity and high potential for price volatility. Investors should exercise caution and conduct extensive due diligence due to the project's early stage, limited publicly confirmed information, and inherent risks associated with low-liquidity crypto assets.

Related assets

Based on market capitalization, BetSwirl (BETS) is considered comparable to assets such as Neiro Pump, Genius, and MILO Project. These assets typically fall within the micro-cap segment of the cryptocurrency market. While they share a similar market valuation, their underlying technologies, use cases, and target markets may vary significantly.

For a more comprehensive understanding of related assets, investors should research projects within the decentralized gaming (GameFi), decentralized betting, or gambling sectors. Examples might include tokens associated with blockchain casinos, prediction markets, or play-to-earn games, which share similar functional goals or technological foundations with BetSwirl.

Always conduct independent research into the fundamentals, team, and roadmap of any related asset before making investment decisions.



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