Big Wink Pump & Dividend Decoupling ?

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(Edited)

I try to closely follow both the Wink.org & Sportbet.one platforms in bringing weekly updates on the news and the Returns they are providing...

WINK.ORG Price Explosion While Dividends Decrease

What a week it was for the WIN token which pumped along with the entire Altcoin space going from 129$ to 290$ for 1M WIN at some point. I guess this price increase is mostly due to retail entering the space looking for 'cheap coins' in the hope to make it big as it by no means came because of any dividend increase. The (Paid) Celeb Tweets probably had something to do with TRX pumping along with the ETH Gas fees still being insanely high for normal people to use.

I have been taking a lot on how most crypto projects live from hype and potential future earnings that can be made from the coin overly calculating this into the price. WIN has always been a coin where the returns based on actual revenue provided really solid returns without the price getting inflated by the potential growth of the platform. With this pump, there has seemed to be a decoupling between token price and returns.

Based on the price this morning, the expected returns based on the 21-day moving average give around 0.34% weekly (this might actually be a bit higher as TRX increased in price). Looking at the 100-day moving average returns in dollars for 1M WIN, it has broken to the downside. I do expect this to go up a bit again though also because of the TRX price increase. Still, it's quite remarkable that WIN went up so much in price without a dividend increase being the direct reason for this. A lot of WIN is being unfrozen likely to dump into the pump taking some profit. I'm also in the process of unfreezing 5M of my own WIN Stack which I bought for 315$ near the end of 2020 (See Post) will see if the price holds up to possibly take some profit into other crypto.

SPORTBET.ONE News & Dividends

A casino with Slot games was added to Sportbet.one and Halftime bet payouts on the sportsbook are now done before the 2nd half. The slots look nice and I tried them out (With play money as I'm not a gambler) and they are quite fun. I'm not sure how many players will start gambling their money away on these but it's for sure a nice added feature for the entire platform.

For as far as the Dividends goes, they are certainly hanging in there with the price of EOS going up quite a bit in these last weeks. It looks like a lot of SBET got swapped into EOS and the owners which made the stack of the owners increase a bit as they are willing to hold on to 70% of all coins in circulation. (Which I don't see as a bad thing as it shows that they are also confident that the price is currently quite cheap)

The dollar values of both SBET and the Dividends are holding up quite well though and I continue to look mostly at the number of bettors to increase before maybe adding some to my SBET holdings.

I continue to track my personal weekly passive earnings from holing 25M WIN (Now 20M WIN) / 504K SBET / 10k TRX / 2263 RAKE which is my gambling dapp portfolio right now. My goal is to get these to above 50$ weekly which isn't all too far off.

That's it again for this week...

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