According to the Asia Gaming Brief, the SOFTSWISS 2024 State of Crypto report shows that altcoins make up about half of all crypto bets. Bitcoin is still the leader of cryptos, but its share in gaming has dropped. Due to Bitcoin’s price changes, players now tend to use altcoins - Ethereum, Litecoin, Dogecoin, and Tether - for more stability.
Changing betting habits
As Bitcoin’s value increased, players became more cautious and started betting less frequently. Altcoins (Ethereum, Litecoin, Dogecoin, and Tether) are now its top alternatives. This shift is changing online betting, with many players choosing faster, more stable transactions instead.
The rise of custom tokens
Platforms like Rollbit and Shuffle are also introducing their own gaming tokens. These tokens offer lower volatility and special rewards, trying to boost player engagement. They are helping create a unique betting experience but still need strong marketing to succeed.
Looking ahead
SOFTSWISS predicts that both crypto and traditional betting will continue to grow. To stay ahead, iGaming operators must balance fiat and crypto payments while adapting to players’ needs. It’s clear that the rise of altcoins and custom tokens will continue to model the future of crypto betting.
