The SHFL token is the native utility token of Shuffle.com, a comprehensive crypto casino platform. Designed to enhance user engagement and platform growth, SHFL serves multiple functions within the Shuffle ecosystem. Key utilities include:
Wager Asset: From day one, SHFL allows users to participate in a wide range of games on Shuffle.com, including original games, slots, and sports betting, providing a direct utility as a betting medium.
Buyback and Burn: To support token value and reduce supply, Shuffle allocates 15% of revenue to regularly buy back SHFL tokens from the open market and burn them, promoting economic stability and potential value appreciation.
VIP Perks: SHFL holders enjoy early access to new platform features, enhanced VIP experiences, and bonuses, ensuring a premium user experience and incentivizing platform engagement and token retention.
Airdrop Incentives: Through strategic airdrop campaigns, SHFL rewards early adopters and active users, facilitating a dynamic and engaging community around Shuffle's offerings.
Shuffle Price Analysis
As of November 25 2024 Shuffle has a marketcap of $40M.
This is {{percentagefromath}} from its all time high of $0.787524.
In terms of its tokenomics, there's a total supply of 963M with 16% currently outstanding.
Keep in mind Shuffle has a fully diluted value of $243M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
