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Shiba Inu sparks a new memecoin season, boosting Memebet presale, which has raised $300K in under two weeks.
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Shiba Inu is leading crypto into a new memecoin season today, and Memebet token (MEMEBET) is garnering huge growth at presale.
The two occurrences are unmistakably aligned – that’s because Memebet is the first memecoin casino, supporting wagers on tokens like Shiba Inu, Dogecoin, Pepe, Bonk, and more.
Having launched less than two weeks ago, the Memebet token presale has already raised $300K, reflecting a strong interest in utility-driven projects among meme coin enthusiasts.
Currently, investors can buy Memebet token at presale for $0.0254. However, this price will rise throughout the campaign, with the next increase in two days.
Memecoin rally pushes MEMEBET presale beyond $300K
Crypto traders are pouring capital back into the market as the outlook becomes increasingly bullish.
Over the past 24 hours, the total crypto market cap has jumped by 2.7%. However, the meme coin sector has significantly outperformed with a staggering 17% uptick.
This is led by Shiba Inu, which has darted over 18% in the past day. As seen on the Shiba Inu price chart below, the recent rally shows a significant amount of momentum.
Just in the past 24 hours, the memecoin sector has added over $7 billion. For tiny new memecoins like Memebet token, this opens the doors to exponential gains. And adding to the excitement, MEMEBET distinguishes itself from its peers through real utility.
Memebet brings GambleFi utility to the memecoin table
Memebet Casino is carving a unique market position as the only crypto casino for memecoins. The memecoin sector is worth $49 billion, while the GambleFi sector is worth $394 million.
Just a fraction of the memecoin market’s liquidity flowing into the Memebet token would instantly make it a top GambleFi project, rivaling market leader Rollbit, which has increased over 30x since the beginning of 2023.
Both memecoins and GambleFi appeal to a risk-hungry ‘degen’ audience. Memebet strategically aligns the two sectors in a way that could could lead to substantial growth.
Its website says it’ll offer thousands of games and sportsbook events. Though users can wager with top memecoins, the MEMEBET token will unlock the platform’s full power.
Wagering MEMEBET sweetens the pot with bigger rewards, access to a VIP community group, airdrops, exclusive bonuses, “Lootboxes,” and more.
Leading analyst points to 10x gains for MEMEBET
The crypto industry is filled with speculation. However, Memebet stands out because it’s launching its casino before the presale ends.
Presale participants will be able to interact with the casino if they wish, and that will grant them eligibility for the project’s season 1 airdrop.
With a strategic market position and a forthcoming product release, investors are optimistic that Memebet token will provide gains after it launches on exchanges.
This has also sparked interest among industry analysts, with RJ from the prestigious Cryptonews media outlet recently predicting that it can 100x its value.
The analyst underscored its crossover use case between memecoin and gambling as a reason for its potential.
Should the memecoin rally continue, then new low market cap projects are well-positioned to capture big gains.
However, competition is fierce in the memecoin sector. That’s why Memebet token is one to watch, distinguishing itself as the only memecoin casino.
For more information, visit the Memebet token presale website or join the community on X and Telegram.
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This article first appeared at crypto.news
