Memebet ($MEMEBET) token has already raised over $430,000 in its presale as this new GameFi project aims to put idle meme coins to use.
In the crypto world, it’s all about returns – massive returns, that is. That’s why meme coins have been the stars of 2024, as they have consistently offered accelerated returns that outshine the industry’s top assets.
Of course, the digital asset space is just as volatile as traditional finance, with even more wild swings thanks to the industry’s nascency. As such, meme coin lulls can last for an extended period.
Enter the Memebet token project, which has developed a way for the industry’s whimsical assets to potentially yield big payouts by allowing the most degen investors to win big in its upcoming meme coin casino.
That’s right; the Memebet token is launching an online casino where users can wager with meme coins. Holders of Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), and others now have a new way to feed their risk-seeking cravings.
To help the project take off, prospective investors can purchase $MEMEBET tokens at presale for $0.0257. However, this price will increase in less than 24 hours to $0.0258, marking the start of a new funding round.
Meme coins may be down, but Memebet is the ace up their sleeve, giving holders a chance to win big
According to CoinMarketCap data, meme coins are now experiencing a two-day slump following a strong last week of September that pushed the sector’s value to $53 billion.
By the first week of October, the sector’s market capitalization dropped as low as $43 billion and currently stands at $47 billion.
In the past 24 hours, most meme coins have been in the red, with tokens such as DogWifHat ($WIF), Pepe ($PEPE), and Bonk ($BONK) losing 10.31%, 5.35%, and 6.02%, respectively.
Even one of the biggest gainers this week, PopCat ($POPCAT), lost 1.38% in value during the same time frame.
Overall, the entire industry has shed 1.83% in value as market sentiment shifted back to fear mode on Thursday after remaining in neutral territory since October 4. This month’s much-anticipated bull run appears to be falling short of expectations.
In such conditions, generating returns for meme coins often leads traders to adopt a wait-and-hold-until-the-bulls-return approach.
However, with Memebet token’s crypto casino, this will change, as the project will enable such assets to provide investors with the opportunity to make substantial returns by allowing them to be used as wagering currencies.
Instead of sitting idly, Memebet Casino lets investors simultaneously earn from their holdings amid a down market while having fun in the process.
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Memebet is a new frontier for online betting
However, it’s not just the top meme coins that can be used to bet on Memebet. Players can also utilize the project’s native token, $MEMEBET, to maximize their rewards within the Memebet ecosystem.
Using $MEMEBET tokens allows users to earn airdrop rewards, special degen bonuses, and entry into the upcoming Memebet Casino Lootboxes, which feature real-world prizes and valuable casino bonuses.
High-volume bettors and large holders of $MEMEBET tokens will also gain access to an exclusive Degen VIP community.
This utility of $MEMEBET within the Memebet ecosystem creates demand beyond mere novelty, making it especially valuable in the rapidly growing iGaming market. According to Statista, this industry, which includes crypto casinos as a subsector, is projected to expand substantially to $132.90 billion by 2029.
The potential for Memebet Casino to establish a strong presence, backed by degen meme coin holders eager to go all in, strengthens the investment case of the $MEMEBET token.
This sentiment is echoed by popular crypto influencer Matthew Perry, who believes $MEMEBET is a crypto gem poised to break out in 2025, as he shared with his 226,000 subscribers in a recent video.
How to join the $MEMEBET token presale and participate in its Gleam giveaway and airdrop
With nearly half a million dollars raised in just a month, the Memebet token offers early adopters the chance to maximize their holdings at this early stage before the Memebet Casino launches.
The project is hosting a Gleam giveaway, with 10 winners receiving $1,000 worth of $MEMEBET tokens. Users can enter by purchasing $MEMEBET during the presale, submitting their wallet address, joining the project’s social media channels like X and Telegram, and submitting their casino wallet address after the casino launch.
Another way for users to obtain additional $MEMEBET tokens is to join the first season of its airdrop, which offers substantial rewards to early contributors who use their presale purchases in the casino when it launches – before the presale concludes.
A total of 400 million $MEMEBET tokens, representing 20% of the total supply, are allocated as rewards for players who use $MEMEBET to wager in Memebet Casino – both on the web and Telegram versions.
Participating in the presale is simple. Visit the $MEMEBET token website, connect your wallet (e.g., Best Wallet), and exchange ETH, BNB, or POLY for $MEMEBET tokens. Bank card payments are also accepted.
Transactions made via the Ethereum network (ETH, USDT, or bank card) will be credited instantly to investors’ wallets. To view the tokens, users need to add the token address 0x0C4a2a28a4edb47a7a4c53B06143C53e889Bd5dB to their wallet.
Coinsult has conducted a full audit of the Memebet token and found no critical issues in its smart contract.
Take a chance on Memebet and let your meme coins work for you, regardless of market conditions.
Find out more about the Memebet Token.
The post GameFi Meme Coin Memebet Token Raises $430K in One Month – Last 24 Hours Until Next Funding Round appeared first on Cryptonews.
