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Memebet token is gaining buzz as the first memecoin casino, raising nearly $400K in presale.
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Memebet token (MEMEBET) has been making a name for itself as the world’s first memecoin casino.
The project is in its presale but already generating a lot of buzz, with almost $400K raised. Can it become the next big thing in GambleFi?
After Rollbit exploded in 2023, is the memecoin casino narrative next?
Rollbit is up over 2,000% since 2023, but Memebet is creating a new look for the GambleFi sector.
Top crypto casinos like Rollbit are essentially money-printing machines for the owners. The Rollbit website shows that it generated over $800K in revenue yesterday alone.
This unparalleled revenue was the reason that Rollbit exploded in 2023. But now, market dynamics have changed and a lot of investors have shifted from utility coins to memecoins.
Attention has died down on Rollbit’s RLB, but this leaves a gap in the market that Memebet token intends to fill.
And as the first memecoin casino, it has the best of both world’s.
There will be thousands of games and sportsbook events to bet on, and it supports payments in DOGE, SHIB, PEPE and more.
Imagine the high-stake excitement of betting memecoins on casino games and real life sporting events. That’s what Memebet enables.
And with the presale ongoing, investors currently have an opportunity to participate from the ground floor.
The current Memebet token presale price is $0.0257, but this is expected to rise throughout the campaign.
Per its website, the next increase will occur in three days.
Analyst says 30x gains on the cards for MEMEBET
Considering its use case and the fact that its presale is ongoing, analysts are significantly bullish on Memebet token.
For instance, ClayBro recently appeared on the 99Bitcoins YouTube channel and said it can 30x in price.
He nodded toward the upcoming bull market and said that “prices will rise beyond logic.”
The analyst explained that the bull market creates a sense of greed in the market, which drives demand for new projects, like Memebet, which are presumed to provide the highest returns.
Memebet airdrop expected to boost ecosystem adoption
Memebet is going all in on user adoption.
And in crypto, the best way to draw users is with free money. Usually, teams will run airdrops to attract new people, and it generally works wonders.
Just look at Hamster Kombat, which recently amassed over 300 million users thanks to its Play-to-Earn airdrop.
Memebet understands this and so is heavily emphazing community rewards.
The initiatives will start with an airdrop, which will take place while the presale is ongoing.
Users will be able to gain airdrop eligibility by investing in the presale and then wagering tokens on the soon-to-be-launched casino.
The airdrop will have ten winners, each receiving a $1K prize.
However, there will be more airdrop seasons in the future, alongside plenty of other giveaways and bonuses. But here’s the kicker: users must hold MEMEBET to access them.
MEMEBET is the utility token that fuels Memebet Casino’s community rewards
MEMEBET ties the casino’s community rewards together.
Users must wager it to get access to the season 1 airdrop, but it’ll also provide things like casino bonuses, access to an exclusive VIP community group, and “Lootboxes.”
Lootboxes contain real life rewards like cash prizes and signed Messi Argentina shirts.
While GambleFi tokens like Rollbit have taken a backseat to the high-octane memecoin sector this year, Memebet’s strategic alignment of the two sectors creates a unique market position and significant room for growth.
How far it can go remains to be seen, but with a strong use case and support from investors and analysts, everything is in place for an explosive exchange launch.
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
