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New crypto casino Memebet launches presale, raising $230K in just five days, nearing its first $250K milestone.
A new presale project called Memebet token (MEMEBET) has emerged over the last week.
Memebet is a new crypto casino that lets users wager memecoins, and it’s already looking promising.
It launched a presale five days ago and has just crossed the $230K total raised mark, nearing its first quarter of a million.
Memebet Casino unlocks utility for top meme coins like Dogecoin and Pepe
The memecoin market is high in value but low in utility. However, Memebet changes this by allowing users to wager leading memecoins like Dogecoin, Shiba Inu, and Pepe.
There are thousands of live casino and slot games to wager on, alongside sportsbook events covering major leagues like the PFL and NBA.
Not only can users earn money from wagering on the games and events, but the casino will provide generous advantages, including airdrops, exclusive bonuses, and “Lootboxes.”
Lootboxes are an industry-first. They’re real-world gift packs offering NFTs, Signed Argentina Messi shirts, cash prizes, and casino bonuses.
However, the first major giveaway to take place is the Memebet Casino airdrop season 1.
It’ll run amid the presale, offering investors a share of MEMEBET tokens based on how much they wager.
Presale narrative gaining pace as traders duck “VC coins,” MEMEBET rallies
A lot of new cryptocurrencies launch with the backing of venture capitalists (VCs). These high-net-worth entities fund development in return for a share of the token supply.
However, the concept is widely disputed, with presales offering a fairer alternative.
VC funding has created a system where only a select few high-networth players get early access – and then they can sell to everybody else at a higher price later.
“This strongly goes against the idea of democratization that was the basis of the original ICO concept that aimed to enable access for anyone at any stage of the fundraising process,” said analyst Zerokn0wledge.
The analyst recommended presales and ICOs as a fairer and more inclusive way to raise funding. This pathway was pioneered by projects like Ethereum.
Everyone has an equal opportunity. No pre-seeding or VC allocations.
It’s the route that Memebet token is taking, and its swelling presale success shows that investors are interested.
MEMEBET’s use case is for everyday traders and is valued in the tens of billions
In line with its democratic fundraising efforts, the Memebet use case is well-suited to everyday retail investors.
Positioned at the intersection of memecoins and GambleFi, Memebet Casino touches on two of the most “retail-friendly” narratives.
Both are deemed high-risk and high-reward, with excitement and the opportunity to make vast gains a big draw to each.
The memecoin sector hit highs of a $60 billion market cap this year, and the online gambling industry is expected to reach $132 billion in annual revenue by 2029.
Memebet prides itself as “the first platform for memecoin wagering,” which could translate to strong growth considering its vast addressable market.
And right now, the project is in its preliminary stages, allowing investors to participate from the ground floor.
On growth potential, Umar Khan from 99Bitcoins recently speculated MEMEBET can 100x in value.
“It’s getting ready to explode, and the best part is it is brand new,” he said.
Join the Memebet token presale
Memebet has become the official regional sponsor of the Argentina national soccer team. As the 2026 FIFA World Cup edges closer, this could provide a source of new eyeballs to the project.
And considering it’s still in the early days, it’s unlikely to be the last major sponsorship we’ll see.
Traders can join this memecoin GambleFi project today by investing in the presale.
Visit the project’s website, connect your wallet, and choose the amount of MEMEBET t to buy and the preferred crypto to pay with. The presale accepts ETH, BNB, MATIC, USDT, and bank card payments.
For more information, visit the Memebet token presale website or join the community on Telegram and X.
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This article first appeared at crypto.news
