This article was paid for*
Crypto prices have been seeing slow but steady growth again, with GambleFi tokens still enjoying massive investor attention lately. Solcasino, despite its slow price action, has been recording higher volumes recently due to this, leading investors to speculate about another pump for the project soon.
We attempt to predict its price trajectory in the coming years.
Summary
Leading Casino on Solana
Solcasino is an ambitious project that claims to be the best Web 3.0 casino on the Solana blockchain. By integrating a wide range of gambling options—from crypto futures to traditional casino games, eSports, racing, and even unique features like bonus wars—Solcasino aims to be a one-stop solution for crypto gambling enthusiasts.
The project’s native token, SCS, was launched in Q2 of 2024 and quickly gained traction thanks to its quality concept and an impressive lineup of games from leading developers like Evolution, No Limit City, B Gaming, and Pragmatic Play.
Operated by XYZ Entertainment B.V., a reputable and licensed entity, Solcasino brings legitimacy and credibility to the growing GambleFi space. The platform also boasts raffles, lotteries, and NFT loot boxes, adding more options for users who are looking for diverse experiences.
Despite these strong offerings, the project’s success has been somewhat hampered by a lack of active engagement with its audience. This however, seems to be something that the team is working on right now, by being super active on their social media channels, which has helped them gain a huge community in a short time span already.
Currently, Solcasino boasts a market cap of over $11 million, indicating that while there has been some growth, there is still room for significant appreciation if all the right elements align.
SCS Price History
Since its inception, SCS has experienced a rather volatile journey. The token saw two significant price pumps shortly after launch, where its value increased over 10x on two separate occasions. This kind of volatility indicates that the project has garnered interest from the community, largely driven by its strong utility within the Solana ecosystem.
On March 28th, SCS reached its all-time high at $0.028, riding the wave of growing demand for GambleFi projects. However, the hype soon cooled off, and the token underwent a substantial correction, bringing its price back down to around $0.0036.
While the drop may suggest a shift into bearish territory, the broader GambleFi sector’s recent surge in popularity has kept investor speculation alive. Many believe that, with growing traction and more marketing efforts, SCS could be well-positioned for another significant move upward.
The recent price chart shows a considerable rebound in trading volume, and the current RSI suggests the token is neither oversold nor overbought, indicating potential stability at these levels.
Meanwhile, the MACD indicator reveals a narrowing of the MACD and signal lines, hinting at a potential shift in momentum, though it remains uncertain whether this shift will be to the upside or downside.
SCS Price Prediction
Q4 2024
Heading into the final quarter of 2024, SCS has the potential to capitalize on the recent uptick in the GambleFi sector. If Solcasino can ramp up its marketing efforts and actively engage with its community, the token may see renewed interest. However, it is important to note that SCS will need more than just hype—it will require concrete updates, partnerships, or new features to sustain a bullish trajectory.
Any major updates related to new casino features or listings could serve as strong catalysts, allowing SCS to continue its current upward momentum. On the flip side, a lack of substantial updates may result in price stagnation, especially as investor enthusiasm fades.
2025
In 2025, the trajectory for SCS will be heavily influenced by its ability to differentiate itself within the increasingly competitive crypto gambling market. As more projects join the GambleFi space, Solcasino must offer unique value to attract both users and investors. With continued development and a well-executed marketing strategy, SCS could witness significant gains.
However, a failure to evolve could limit its potential, leaving it vulnerable to being overshadowed by newer, more innovative platforms. In a bullish setting, with good updates announced throughout the year, it may not be unlikely for the token to explore its initial pump’s price range at around $0.022, which would represent a significant jump from its current price levels.
The market conditions will also play a significant role in determining the token’s value. Favorable conditions could mean significant gains, but without a proactive approach from the development team, SCS may find it difficult to keep pace with its competitors.
2026
If Solcasino can maintain its position as a leading Web 3.0 casino on Solana and continue to expand its ecosystem, the token could experience steady growth. On the other hand, the failure to deliver on promised features or maintain user engagement could lead to a stagnating or declining value.
By 2026, the GambleFi space is expected to be even more crowded, and only projects with strong community ties and continued development will thrive. For SCS to be among the winners, it must consistently innovate, remain transparent with its community, and provide tangible value through both new features and partnerships.
A positive market environment combined with project-specific growth could create the ideal conditions for SCS to regain and even surpass previous highs.
Another GambleFi Token Making Crypto News Headlines
For those interested in GambleFi tokens, SCS may seem like a lost opportunity, although it still has potential for growth. This is because two major pumps may have already been missed, which brings up the question—what to invest in now?
Memebet Token could be an excellent option as the platform enables users to wager using popular memecoins without any KYC requirements, making it highly appealing to those who prioritize anonymity. Leveraging social media, Memebet has fostered a rapidly growing community, significantly contributing to the token’s popularity.
Crypto influencers, such as Claybro, have brought Memebet Token into the spotlight via YouTube, boosting visibility and attracting fresh interest from the investor community. By incorporating Play-to-Earn features, decentralized betting opportunities, and an intuitive interface, Memebet aims to deliver an exciting proposition within the GambleFi space.
Having already gathered more than $380k in its presale, Memebet has demonstrated significant early investor enthusiasm and built a foundation of strong community backing. Active social channels and frequent updates have also indicated the team’s dedication to expanding and supporting the ecosystem, marking Memebet as a project with very strong growth potential.
For those who missed Solcasino’s earlier price spikes, Memebet Token could be a new opportunity to tap into the burgeoning interest in decentralized betting. It’s designed to combine the thrill of memecoins with accessible gambling features, positioning it as an engaging choice for investors.
For those interested in learning more about the project, its official social media channels on Telegram and Twitter can be a great place to get started.
*Cryptonomist did not write the article or test the platform.