If BFG can be in the top 100 lists, they will attract more investor to invest in their project while they can also playing gambling in their site.
I guess their plan is not anywhere close to attracting more investors... they are a casino, and they want to attract more players, and they doing that by investing in different promotions and on-site perks. BFG is just one of the perks... by holding them (staking) on the site you get some coins, or you can stake them to get more BFG. You can also use it for gambling if you want to.
Maybe they will change the course one day, or maybe not... I guess we will see.
The way they use their BFG tokens as reward token only with minimal benefits for holders make this token very hard to be in top 100. The circulating supply is always flooded by the new tokens being generate as form of rewards that immediately sold in the market.
The only way to boost the price is to have a regular buy back that is greater to the amount of token being distributed as rewards in the casino and other form of Betfury marketing that pay in airdrop.
Instead of buying back, they burn tokens every month. This should help to increase the price, but it only helps to save it from going down. Maybe they should burn more tokens monthly. 50-60k dollars worth burn isnt enough. Probably. I dont know. Anyway, it does not look that BFG token get any real price growth, instead of correcting to current Bitcoin price. Maybe it will be smart to readjust account levelling, cashback and rake back to amount BFG user hold (the more you hold, the more % you get), but it seems it is too late to do that.
I guess I see this done by RLB and so far they impressed their community by having that token burning every month if I'm not wrong. If BFG could able to have this maybe there's something good will happen to their token and somehow people might think about acquiring then hold it since there's something like this happening. But BFG team didn't think about that yet and the only thing they could offer is the current one we see.
But who knows maybe they have other plans. So let see how they take action on certain situation happened on BFG and if they listed on the suggestion of people in their thread. Many people want to see BFG pumping since for many months it didn't get much good price movement.
I think the rise in BFG's price is disadvantageous for the casino because bets would become too expensive for many users, especially those with smaller balances. This would reduce activity on the platform as people might bet less frequently or hold onto the token, hoping for further price increases. Additionally, volatility could lead to significant losses if the price suddenly drops. Ultimately, Betfury might lose part of its user base and be forced to revise its betting policies.
