A prominent analyst has just tipped Memebet token ($MEMEBET) as the next big thing in GambleFi.
$MEMEBET is currently undergoing a presale and has raised over $230K so far.
While offering thousands of games and sportsbook events, Memebet Casino is the first platform for wagering meme coins, blending two of crypto’s most exciting sectors.
“Memebet token will 100x,” says Cryptonews analyst
Most GambleFi projects compete for the same native audience, but Memebet Casino penetrates a new market.
The presale is five days old, but the concept has already turned heads.
RJ, a host on the Cryptonews YouTube channel, recently speculated that “Memebet token will 100x.”
The analyst suggests that its unique meme coin-GambleFi crossover use case and extensive roadmap hint at a promising future, concluding that “there is a lot going on” with the project.
Meme coin market cap hit $60 billion in 2024, but Memebet is an industry-first
One thing has become clear in 2024 – meme coins are here to stay.
For everyday traders who may lack the technological and analytical prowess of “smart money,” meme coins level the playing field and provide all participants with equal opportunity.
Meme coin success is deemed more attainable than investing in something like DeFi or layer 2s.
As such, retail traders have poured in, pushing the sector’s total market cap to highs of $60 billion.
Today, it’s worth $40 billion, which is more than Coinbase’s market cap.
But despite its colossal valuation, the meme coin sector still lacks the infrastructure and development of other sectors.
That’s why Memebet Casino is gathering such early momentum.
It allows traders to utilize their meme coins while having fun. Memebet Casino has a much more light-hearted user interface than your average casino, focused on meme coin characters and captivating graphics.
But don’t be fooled – Memebet is not a gimmick. They’re creating a real business with user incentives and a wide selection of gaming options.
Airdrops, Lootboxes, and an extensive game selection are on offer
Memebet’s first call of order is a token airdrop, which will occur across multiple seasons. Per its website, the first season will begin while the presale is ongoing.
Presale investors can gain airdrop eligibility by wagering their tokens on the casino. The website also states, “The more you wager, the bigger your airdrop will be.”
Airdrops have become a popular way for projects to grow – just look at Hamster Kombat, which has amassed over 200 million users.
However, Memebet Casino has other plans to draw users, one being “Lootboxes.”
It’ll be the first time a crypto casino offers these, and they’ll be jam-packed with real-world prizes.
This includes NFTs, signed Argentina Messi Shirts, cash prizes, and casino bonuses.
There’s no word yet on how users will gain eligibility for the Lootboxes, although it will likely involve interacting with the casino.
Through committed efforts to user incentives and being the only casino to tackle the huge meme coin industry, Memebet has every chance of growing a cult-like user base.
And its extensive selection of betting options only strengthens this outlook.
The platform will offer thousands of crypto-native games, including live casino events and slots. Furthermore, players can wager on all the top sportsbook events, covering major leagues like the EPL and NBA.
Memebet Casino will launch as a web app and Telegram app, providing access to users worldwide. It’s also KYC-free, which ensures users’ privacy and allows them to get started without a lengthy sign-up process.
The project has been audited by Coinsult, which found no major issues with its code. This illustrates Memebet Casino is transparent and secure.
Currently, investors can buy $MEMEBET at presale for $0.0251.
However, this price will rise throughout the ICO, with the next increase in one day.
Follow Memebet Casino on X or join its Telegram for updates. Alternatively, visit its website to buy tokens.
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