What's Bazed Games BAZED Token Price Analysis and Prediction-article

Today’s article will get you acquainted with the Bazed Games crypto project. You’ll first have a chance to learn about the basics of the project and the Bazed platform. Next, we’ll focus on the BAZED token, its tokenomics, use cases, and other details. By covering the gist of the project and its native token, you can determine whether you want to take this crypto casino for a spin or perhaps just trade the BAZED coin.

So, for those interested in trading the Bazed Games token, we will also closely examine the Bazed Games price. First, we’ll go over the historical price data for $BAZED. Then, we’ll use basic TA to determine significant price levels and the most likely short-term price scenarios. In addition, we’ll use the Fibonacci retracement tool and conduct a token comparison to provide you with some speculative Bazed Games crypto token price predictions.

First, we’ll go over the historic price data for $BAZED. Then, we’ll use the basic TA to determine levels of significance and most likely short-term scenarios. In addition, we’ll use the Fibonacci retracement tool and the comparison tendon to provide you with some speculative Bazed Games crypto token price predictions.

We’ll also point you toward an excellent tool: Moralis Money. It enables you to research $BAZED in-depth and determine whether or not you should invest in this betting-based crypto project. Plus, it also helps you time your trades effectively.   

official website landing page of the Bazed Games crypto project

What is Bazed Games? Exploring the Bazed Project and Platform

The Bazed Games crypto project is a new Web3 casino and a tribe of crypto degens, at least that’s what the project’s official website claims. By accessing the above-outlined website (“bazed.net”), anyone older than 18 can start playing casino games offered by Bazed. 

When diving into the project’s documentation, we also discovered that Bazed is a premier gambling platform powered by the Ethereum blockchain. The project welcomes its participants with a reminder of responsible gambling. Plus, the project’s docs also point out that users agree to comply with their privacy policy and terms and conditions by using the platform. So, make sure to read those before using Bazed.

Blaze also promises to offer gaming enthusiasts worldwide a blend of excitement and safety. Moreover, the platform claims its focus on enhancing player experience is what truly sets it apart from similar projects. Its team says this is reflected in the platform’s gaming solutions, acceptance of payments in several cryptocurrencies (BTC, LTC, ETH, and USDT), and in sharing 60% of the casino’s revenue with its players.

Game page showing what games Bazed Games offer

What Types of Games Does Bazed Games Offer?

Just by scrolling through this crypto casino’s website, one can see that it offers many different games. According to its documentation, these games are divided into four major categories: Online Slots, Live Games, Sports Betting, and Bazed Originals

Since the names of the three categories are pretty descriptive, you shouldn’t have any trouble selecting the ones you prefer. However, Bazed Originals require further explanation. This category entails in-house games unique to the Bazed Games crypto project. Though, in many instances, these are just spin-offs of rather popular games. Moreover, these are the Blaze’s in-house games: Minesweeper, Dice Roll, Spin the Wheel, Plinko Drop, CoinFlip Challenge, Tower Climb, Keno Lottery, Blackjack Royale, Blackjack Royale, Roulette Rumble, and High or Low (HiLo).     

It’s also worth pointing out that Bazed partnered with Slotegrator – a casino software company – to deliver fun, high-quality, fair, and secure games.

Bazed Team and Community

The project’s documentation offers a team section. However, in that section, there are no exact names of team members. Consequently, the team is not doxxed. Furthermore, all this section provides are the roles of the team, and they are the following: developer, hype man, marketing specialist, team advisor, and graphic designer.

As far as the Bazed community goes, the project offers two outlets, an X (formerly Twitter) account and a Telegram channel:

  • Bazed’s X account (at the time of writing, it is not available):
Bazed-Games-crypto-project-Twitter-account
  • However, the project offers a backup account:
Bazed-Games-crypto-project-backup-Twitter-account
  • Bazed’s Telegram channel:
Bazed-Games-crypto-project-Telegram-channel

Bazed Games Crypto Project’s Roadmap 

Bazed Games also offers a roadmap in its docs. The latter outlines important milestones, both already achieved and the ones that the Bazed team plans to tackle in the near future.

These are the highlights of Bazed’s roadmap:

  • July 21, 2023 – The Bazed website and platform went live.
  • July 31, 2023 – The project launched the BAZED token.
  • Successfully implementing and launching core features, including slots integration with Slotegrator, different betting options, and a wide range of sports and e-sports categories.
  • Successfully implementing and launching quality user experience and add-ons, including casino game expansion, platform enhancements, and game systems.
  • Underway initiatives include business registration and securing a gaming license for broader player accessibility across Web3 and Web2 platforms.
  • Upcoming features include revenue sharing, NFT betting, and loot boxes.
BAZED Token title and Logo

What is the BAZED Token?

The BAZED token is the project’s native cryptocurrency. As outlined above, the token was created on July 31, 2023, on the Ethereum blockchain. The asset follows the ERC-20 token standard, which governs most of the fungible tokens on Ethereum.

Ethereum on-chain transaction and token data on Etherscan for the BAZED coin

Tokenomics

  • Symbol/ticker: BAZED or $BAZED
  • Network: Ethereum
  • Token type: ERC-20
  • Smart contract address: 0x3eE4B152824b657644c7A9B50694787e80EB8F4a
  • Total supply: 77,700,000 $BAZED
  • Sell tax: 5%
  • Buy tax: 5%
  • Distribution of sell and buy tax:
    • 2% for marketing
    • 1% to the Bazed team
    • 1% to the liquidity pool
    • 1% for revenue sharing (subject to change)
  • Token allocation:
    • 85% – liquidity pool
    • 5% – marketing budget
    • 10% – strategic partnership
Bazed-token-on-Etherscan

Use Cases of the Bazed Games ($BAZED) Token

Unlike other crypto gambling platforms that require users to obtain native tokens to play the available games (e.g., ALLIN), the Bazed Games crypto project does not require such an action. At the time of writing, the BAZED token doesn’t have any specific use case other than it can be freely traded and stored in Wb3 wallets. That said, as per the project’s documentation and roadmap, that will soon change. After all, the BAZED coin will play an important role in Bazed’s revenue sharing. Those who will stake BAZED via the $BAZED staking platform that is coming soon will be able to earn ETH.

At the time of writing, there are no other utilities on the horizon for the Bazed Games token.

What type of crypto is Bazed token

What Type of Token is the BAZED Coin?

As outlined above, the Bazed Games token lives on the Ethereum chain and follows the ERC-20 token standard. So, from a technical perspective, it is an ERC-20 token.

On the other hand, it’s also correct to say that $BAZED is a crypto-gambling token, as this is the project’s category. Additionally, as soon as the above-presented use case for the BAZED coin comes into play, the token will fall into the “DeFi” category. After all, staking rewards are one of the key aspects of DeFi. 

Full Bazed Games Crypto Analysis

Price chart of the Bazed Games token

By looking at the Bazed Games price chart available on the asset’s Moralis Money page (see image above), we can see exactly what levels the BAZED coin has covered so far. And, what you can immediately spot, even if you have no experience with reading charts, is that the current Bazed Games price sits a lot higher than the token’s listing price.

The BAZED token was listed on Uniswap on July 31, 2023, at the entry price of $0.00008825. Of course, that initial price was reserved for those who knew that the token was going live. These ultra-early birds were able to experience the Bazed Games token value increase of more than 136x within the first hours of trading. 

However, after reaching as high as $0.012-ish, the Bazed Games price pulled back more than 65% over the second day of trading. The asset found support at the $0.0039-ish level. From that low point, the BAZED token climbed up to $0.0077-ish, where it experienced some resistance. 

But on August 6, 2023, the Bazed Games token successfully broke through that level and set a new ATH (all-time high). However, the Bazed Games price came back down to retest the aforementioned resistance two days later and successfully turned it into support.

From that level, the BAZED coin went on another impressive rally. Sure, there were a couple of 35%-plus pullbacks along the way; however, $BAZED increased by approximately 760% in just under six days. It reached as high as $0.05232 on August 14, 2023.

After that high, BAZED experienced another 65% correction but managed to find new support above $0.02. The Bazed Games crypto asset’s price tripled from that price as it set its current ATH at $0.06729.

What's Bazed Games BAZED Token Price Analysis and Prediction-TA

BAZED Token Technical Analysis (TA)

After the above-mentioned ATH, which still stands, the Bazed Games token experienced a short-lived 45% correction. However, for now, all four-hour candles managed to close above the previous resistance at $0.041-ish. And, at the time of writing, the asset is trading at $0.046-ish.

The overall chart of $BAZED looks rather healthy, and if the aforementioned support manages to hold, the coin could make another attempt at setting its new ATH. However, as you can see in the above image, the recent pullback broke the support trading upwards (white line). Plus, since the volume accompanying the current move up is rather low, this could be just a retest of that ascending slope.

After all, the above TA also indicated an obvious bearish RSI divergence (yellow lines). Hence, the BAZED token could easily revisit lower support levels. In fact, it wouldn’t be all that surprising to see $BAZED retest the $0.02-ish support again before turning back up. 

What's Bazed Games BAZED Token Price Analysis and Prediction-Fib-tool

BAZED Token Price Prediction – Where is the Bazed Games Price Headed?

Aside from the likely revisit to the $0.02-ish support (as presented above), the Bazed Games price has the potential to set a new ATH in the short to mid-term. And, if the BAZED coin breaks above its current ATH, it will enter a price discovery mode.

As such, we can use the Fibonacci retracement tool (see the image above) to get some price predictions. The most optimistic level using the “4.236” extension points to $0.163

Regarding the more far-fetched prediction, we can consider Rollbit – the currently leading project in the crypto gambling category. So, we can take the RLB token’s ATH market cap and divide it by BAZED’s total supply.

Such a simple calculation gives us a speculative price target of $8.35-ish. So, that would be another 180x from the current Bazed Games price. 

Nonetheless, it’s worth pointing out that Rollbit is also a new crypto project that hasn’t experienced a bull season yet. As such, in case gambling crypto projects manage to retain their current popularity or even increase it during the upcoming bull run, the above price speculation could be significantly higher. 

Should You Invest in the Bazed Games Cryptocurrency?

To answer the above question with confidence, make sure to visit the Moralis Money $BAZED token page. It will allow you to research the token and the Bazed Games crypto project further and, in turn, determine whether you should buy it. 

If you decide to buy $BAZED, make sure not to rush your trade. Instead, take a moment to consider real-time, on-chain metrics (a.k.a. alpha metrics) for the token. These insights await you on the above-presented token page and are the key to timing your trades properly. After all, on-chain activity always precedes price action!

So, follow the above “$BAZED” link or use the interactive widget below to research the Bazed Games token:

However, in case you don’t find the BAZED coin worthy of your interest, then, by all means, move on to other altcoin opportunities. After all, there are thousands of alts already living across many blockchains (Ethereum, BNB Smart Chain, Polygon, Fantom, etc.), with new ones going live daily. 

A great place to start your altcoin exploration is the ultimate altcoin market newsletter – Altcoin Advantage.

However, you should also get used to using Moralis Money’s core feature, Token Explorer, which empowers you to find the best altcoin opportunities at any given time. It does so by enabling you to sift through real-time, on-chain data by applying simple preset or unique filters. 

As such, any Moralis Money user, especially the ones on a Starter or Pro plan, can find tokens before they pump.

Where-to-buy-$BAZED-token

Best Place to Buy $BAZED?

As the above image indicates, Moralis Money’s Bazed Games token page also includes an instant crypto swap feature. The latter awaits you in the top-right section of the page and is the best place to buy $BAZED.

Buy why is this the best place to buy $BAZED?

Well, first of all, it’s right there where you are conducting further research. So, it’s the fastest and the most practical option. Plus, it already has the BAZED token selected, so it completely eliminates the risk of landing on a wrong or even scammy token pair. Also, thanks to the power of the 1inch aggregator, this path offers the cheapest way to buy crypto.  

Note: If you are new to swapping cryptocurrencies, make sure to check out our full guide on how to swap on the Ethereum network

What’s Bazed Games? BAZED Token Price Analysis and Prediction – Key Takeaways

  • The Bazed Games crypto project is a crypto gambling project that went live in July 2023.
  • Bazed Games offers a wide range of online gambling games that you can bet on/participate in using your cryptocurrencies (BTC, ETH, USDT, and LTC).
  • BAZED token is the project’s native cryptocurrency that will primarily serve as a “ticket” to revenue sharing via staking it (when this option goes live).
  • $BAZED’s price is currently at an important level that will most likely determine the asset’s near-term prices.
  • If Bazed Games manages to attract many users, it could follow in the footsteps of Rollbit. As such, it could also increase in value a lot during the upcoming bull run.
  • To determine if and when to buy $BAZED, use Moralis Money’s token page dedicated to that coin.
  • Whether you get a bag of BAZED or not, don’t forget to use Moralis Money’s Token Explorer. It is your ultimate ticket to finding amazing altcoin opportunities.
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WRITTEN BY Matic PircI am an SEO writer, a content creator, a digital marketing specialist, and above all an entrepreneur, with a strong passion for crypto. I believe blockchain technology has a massive potential in helping us create a better, more just, transparent, and globally united future.
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