WINk Soars On the Eve Of DeFi Investors Running Away From High Ethereum Prices

0
962
WINk
WINk

With high Ethereum fees getting planned for the near future, most of the investors are looking towards other options like WINk. WINk is simply a gambling platform that is Tron-based which usually allows its users to socialize, play- all the while staking assets through the blockchain ecosystems that are in place. It does these- through its utilization of the WIN token. 

Low-fee, Multi-asset Staking Under WINk

Any interaction with the protocol of WINk would require one to have a Tron wallet with an account balance of about 8 TRX- $0.48 at its current pricing. This is particularly appealing to every investor in the cryptocurrency sector for every single transaction taking place in the Ethereum market has a fee of $40. So, if someone were to have multiple transactions throughout the day, any fees worth less than a dollar becomes much more feasible. 

The platform of WINk is quite similar to other platforms of DeFi- with several opportunities of staking for tokens that exist inside the ecosystem. These include DICE and LIVE- something that allows token stakers to get major portions of their proceeds from their gaming activity. 

There is growing evidence that most traders have already started noticing several opportunities that can be found within the recent prices of WINk- something that has rallied to around 700% from its all-time low of around $0.000058 on the 1st of January to a 20th March high of $0.000477. 

The cryptocurrency sector has seen a major increase in its activity due to the involvement of several high-profile individuals like Elon Musk and Mark Cuban. And this has definitely allowed the ecosystem to come to a position where it is poised for a continuous influx of users that are looking for a much higher return on investments that are relatively small-sized. Hence, WINk seems to be on the radar- with its abnormally low prices.