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Sectors like GambleFi are gaining traction, despite the recent market volatility. Among the projects that once held promise in this space is Arcadeum, a decentralized casino with a transparent and self-custodial platform. 

In the past year, both its website and social media channels have gone dormant, leaving investors to speculate about its future. 

But despite this inactivity, the ARC token has experienced a 30% price increase in the past year, thanks to broader trends in the GambleFi sector. But the question remains: can Arcadeum make a comeback?

What is Arcadeum?

Arcadeum entered the market as a decentralized, fully on-chain casino platform that promised a fair, transparent, and decentralized betting experience. It was designed to offer users provably fair games, backed by API3 QRNG technology, which uses quantum random number generation to ensure truly random outcomes for every bet. This stood out from other traditional online casinos, where fairness is often questioned due to the reliance on non-transparent algorithms.

The self-custodial nature of Arcadeum was another selling point, besides being a good casino with various game offerings and promotions. Users could maintain control over their crypto assets without relying on a third party to hold their funds. This added layer of security and anonymity appealed to the growing community of crypto gamblers who prioritize privacy. 

While there was not much uniqueness in its offerings when compared to other casinos of the same category, the platform did manage to top the charts as the leading project on the 

Arbitrum chain during its inception.

Where does Arcadeum currently stand? What are contributors focusing on building next? All these questions and more are answered in the latest blog post!https://t.co/j77cxaOxcD

— Arcadeum (💙, 🧡) (@arcadeum_io) April 11, 2023

However, over the past year, Arcadeum’s team has been inactive, with the website down and social media platforms going silent. While the project had great promise initially, it now faces significant challenges due to a lack of community engagement, updates, or development. Despite these hurdles, the recent surge in the price of ARC shows that it may still have speculative appeal in the broader GambleFi market.

ARC Token’s Price History

The price history of the ARC token reflects the volatility and speculative nature of the cryptocurrency market. During the early days of Arcadeum, ARC saw a quick price pump, as investors flocked to capitalize on its decentralized casino offering. As with many speculative projects, this initial enthusiasm was quickly followed by a correction, leading to a steep decline in ARC’s value.

After reaching its peak price, the token entered a prolonged period of stagnation. For the past three years, ARC’s price remained at $0.0001, a far cry from its earlier highs. This decline mirrored the inactivity on the development side of the project, with no new features, partnerships, or updates from the team.

However, in the last year, ARC has seen a 30% price increase, moving from $0.0001 to $0.024, a surprising move for a project that hasn’t been updating its offerings consistently. 

This increase, however, likely has less to do with the project itself and more to do with the broader trends in the GambleFi sector, which has experienced growth even in volatile market conditions. 

It’s also important to note that ARC has a self-reported market cap of $188,000, meaning that any significant influx or withdrawal of funds could easily cause sharp price movements.

ARC Token Price Prediction

While ARC has shown a resurgence in price over the past year, its future remains uncertain, largely due to the inactivity of the Arcadeum team. However, with the GambleFi sector continuing to grow, there’s a chance that speculative interest in ARC could keep it afloat.

2024

ARC’s price could continue to experience minor upward movements, especially if the entire category of cryptos manages to stay relevant and interesting to investors. Without any major developments from the team, it may not be possible to expect a sustained bull run for ARC. 

This would mean that the token could fluctuate between $0.024 and $0.03 throughout 2024, driven by speculative trading. Any additional demand for GambleFi tokens could push ARC’s price slightly higher, though significant volatility is to be expected given its low market cap. 

This could mean that it could be a very bullish asset to hold on to, but not without the risk of a massive dump resulting in huge losses for investors as well.

2025

By the end of 2025, ARC’s future will largely depend on whether the team or community steps up to breathe new life into the project. The project already seems like a dead crypto on the all-time chart, as seen above. If Arcadeum remains inactive like it is right now, ARC will likely continue to hover around the $0.02 to $0.03 range, where it currently is, but this stability is contingent on broader market conditions. 

On the flip side, if there are significant updates, such as new partnerships or technological improvements, ARC could break through the $0.05 mark at least, as a modest speculation. However, this scenario seems unlikely without a clear roadmap from the team. 

A quick integration of new games, developments, etc., however, could mean a rather big jump for the project, which, although unlikely at the moment, may also result in a huge pump for the project, especially given its small market cap right now.

2026

Looking further ahead, ARC could either recover or fade into becoming a dead crypto depending on its ability to remain relevant in the growing GambleFi market. If Arcadeum makes a comeback with strong updated features or community-driven development, we could see ARC moving towards the $0.09 to $0.1 range by 2026. 

However, in the absence of any developments, ARC may struggle to maintain its value, potentially dropping back to $0.015 or lower levels.

Ultimately, ARC’s price will be highly sensitive to changes in the overall crypto market and developments within the GambleFi space. Without active updates from the Arcadeum team, the token’s price could continue to be driven by speculation rather than fundamentals.

While Arcadeum remains dormant, the recent price increase of ARC demonstrates the potential of the GambleFi sector to drive speculation. The next few years will be crucial for Arcadeum, as any revival in development could result in a price recovery. However, if the project continues to be inactive, ARC will likely remain a speculative asset with high volatility.

Are GambleFi Tokens Set to Explode In 2025?

Despite the challenges faced by Arcadeum, the GambleFi sector is proving to be a category worth watching. Users, in particular, are drawn to decentralized gambling platforms because they offer provably fair games and allow players to maintain control over their assets without relying on centralized entities.

The sector has grown significantly in recent years, even amid overall market volatility. Platforms like Arcadeum, which allow for self-custodial betting with a low house edge, have capitalized on this growing demand. However, as the space becomes more competitive, only those projects that continue to innovate and engage their communities will thrive.

Projects like Memebet Token, for instance, are leading when it comes to demand in the GambleFi space. Memebet Token, which is still in its presale phase, combines the popularity of memecoins with the appeal of no-KYC, crypto-powered betting. Memebet allows users to wager with popular memecoins, creating a unique and exciting experience for crypto enthusiasts.

Memebet Token has already gained attention from major influencers and is being featured in numerous crypto publications. 99Bitcoins, a YouTube channel with thousands of followers, dubbed it a high-potential crypto in one of their dedicated videos. 

With the rising demand for GambleFi tokens and the iGaming projects they power, Memebet’s combination of memecoins and decentralized betting could see significant growth. Investors who missed out on earlier projects in this sector may see Memebet Token as an opportunity to get in on the ground floor of a promising GambleFi platform.

As GambleFi continues to grow, new projects like Memebet Token are emerging as viable alternatives, offering fresh approaches and innovative use cases. To learn about the project and its upcoming events, investors may get in touch with the team and community via their social media channels on Twitter or Telegram.

Visit Memebet Token 

*Cryptonomist did not write the article or test the platform.