According to etherscan data, Coco, a new cryptocurrency casino modeled after the Milady NFT project, launched on the Ethereum blockchain with a transaction volume of $36 million on the first day following its launch.The native coin of the network (COCO) has increased to 8 cents, giving it a $8.8 million market valuation.On Friday, the coin was launched on the crypto platform Poloniex.
Crypto traders commonly focus on on-chain betting platforms, such as the hamster racing event from last week, as the larger cryptocurrency market continues to stagnate and lack volatility.A slot machine in Coco’s casino is based on Milady NFTs, and another is dedicated to the well-known memecoins pepe (PEPE) and dogecoin (DOGE).Additionally, it offers casino hold’em, baccarat, and blackjack, three classic table games.The casino advertises itself as “provably fair” due to the fact that each game creates a seed before play and uses the SHA256 method to expose its hash. This ensures that nothing can be tampered with.
With its native token (RLB) growing to 7 cents from 2 cents this month, well-known crypto casino Rollbit has also been gaining popularity in light of the stable market.