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Toncoin ($TON) has become the 21st cryptocurrency on Lucky Block, an innovative Web3 Telegram casino, where it can be used for deposits, as well as games on its advanced user interface website.
The price of Toncoin has seen a significant surge this year, with a growth of 182% in just the past three months. According to data from the crypto tracking website Coinmarketcap, the token has become the ninth most valuable cryptocurrency, currently priced at $6.27.
Initially, Toncoin was a native token directly controlled by the team behind the Telegram messaging app, but governance changed following regulatory issues with the U.S. Securities and Exchange Commission. The coin is now managed by the TON Foundation, though it remains the native currency of the Telegram platform.
With the continued growth in token value, $TON is likely to become a popular new addition to the token lineup usable on the Lucky Block platform.
Co-founder Pavel Durov, along with his brother Nikolai, has witnessed the growth of their brainchild. Just this week, Pavel stated his belief that the app will reach 1 billion users this year. Alongside the hype, discussions about the initial public offering of shares in the private company are now fueling the token's performance.
Currently, there are over 14,000 holders of $TON on decentralized exchanges, though the majority of holders are believed to be on centralized exchanges.
Both TON and Lucky Block continue to grow
According to the TON Foundation, the use of $TON on the Telegram app is rapidly expanding, a claim supported by on-chain data. This comes after Toncoin's payment of advertising fees and the launch of a new rewards program called Open League.
Lucky Block is one of the earliest licensed casinos to introduce its services into the Telegram app, where Telegram is now more than just a simple messaging service. For example, Telegram plans to roll out a framework for running programs within its bot functionalities, which iGaming platforms like Lucky Block utilize.
With the increasing number of Toncoin users, there will be more Lucky Block players, as well as potential players becoming holders of $TON.
The Telegram app makes it very easy to get started on the Lucky Block casino, but as mentioned earlier, there is also a web-based version available at https://www.luckyblock.com/.
Lucky Block: Over 300 crypto wallets easily connectable, 200% welcome bonus, and the support of MMA legend Michael Bisping
Using Wallet Connect, users can choose from over 300 different crypto wallets to connect and start playing. New users can receive up to €25,000 in a 200% welcome bonus, along with 50 free spins on the top casino game "Wanted Dead or A Wild."
Unlike traditional gaming systems, Lucky Block offers instant deposit and withdrawal services. Its list of 21 cryptocurrencies includes Bitcoin, Solana, PEPE, Bonk, Ethereum, and now $TON. Additionally, Lucky Block has its native token $LBLOCK, which operates on the Ethereum blockchain.
There are over 4,500 different slot machines available on Lucky Block, including live casino games, crash games, and comprehensive sports betting covering basketball and tennis.
Lucky Block also features a unique VIP program, offering weekly cashback, dedicated VIP managers, and exclusive VIP tournaments.
This innovative casino and sportsbook, in collaboration with legendary mixed martial arts star, sports analyst, and commentator Michael Bisping, continues to expand its influence in the GameFi space. |
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Post time 25-4-2024 09:39:38