Fully decentralized and licensed crypto casino TG Casino ($TGC) has witnessed a significant surge in its token value over the past week. The token value soared by 131% after the announcement on July 24th that profit sharing with $TGC holders would commence. This development further enhances the value of the Ethereum-based $TGC token, building upon the already attractive staking rewards of 32.57% APY currently offered. TG Casino is introducing a special $250,000 profit share program this week, allocating 60% to staked token holders and 40% to buybacks and burns. This strategic move underscores TG Casino's ascent in the crypto casino sector, blending exceptional customer service with a strong commitment to rewarding $TGC investors. The platform boasts a diverse range of gaming options, including thousands of slots, classic table games, and a comprehensive sportsbook, attracting over 25,000 players. With total wagers exceeding $1.52 billion and deposits surpassing $153 million, TG Casino is experiencing rapid growth. The weekly profit-sharing initiative adds further value for existing $TGC holders, aligning with the project's roadmap and contributing to the token's price stability and growth mechanisms. A substantial portion of platform profits will be distributed to token holders, incentivizing investors to stake their tokens for additional income. TG Casino's approach allocates 60% of profits to staked token holders in Eth form, while the remaining 40% is allocated to token buybacks and burns, creating a deflationary effect and reducing the circulating supply of $TGC. The recent burn of 208,283 $TGC, valued at $68,519, brings the total tokens burned to 15.6 million out of the original 100 million, resulting in a current circulating supply of 84.14 million tokens. Analysts predict that $TGC may reach $1 this year and potentially surpass $2 in 2025, supported by the profit-sharing model and strategic buyback and burn processes. The deflationary token model and high stake volume, representing 64.1% of the total supply, contribute to the positive outlook for $TGC's future price levels. TG Casino's success is attributed not only to its robust tokenomics but also to its dedication to exemplary customer support and service. The platform's rapid growth is fueled by its commitment to user satisfaction, evident in its high ratings and generous offers. These include 25% cashback on net losses when wagering with $TGC tokens, a VIP program with rakeback benefits, and a web-based platform catering to desktop users. The focus on customer preferences, value-added incentives, and expanding outreach have cultivated a strong player community, with over 9,700 Telegram subscribers and nearly 20,000 participants in community forums.
Decentralized Crypto Casino TG Casino Sees 131% Token Value Increase

by Giorgi Kostiuk
a year ago
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