Investors are pouring into the Memebet token ($MEMEBET) presale, reflecting a strong interest in its use case as a meme coin-centered crypto casino.
At a time when meme coins are dominating headlines, Memebet Casino allows users to up the stakes and wager their joke tokens.
While online gambling is not for everyone, the $MEMEBET token offers a strategic investment opportunity to gain exposure into the meme coin and GambleFi niches.
The presale has raised $532K at press time.
Analyst says that Memebet is “ready to soar”
There has been significant noise surrounding Memebet on social media.
Bitcoin is breaking out after months of consolidation, setting pace for $MEMEBET to explode, suggests ClayBro.
“We’re potentially on the verge of a major bull market rally, and if we are, tiny little tokens like Memebet token are going to soar in value,” he said.
The analyst then pointed to the performance of similar low market cap tokens during the 2021 bull market, highlighting that some even rose in value by 200x.
And excitingly, he then said Memebet could “do something similar.”
Crypto has faced a headwind in the last seven months, with Bitcoin consolidating below its all-time high. However, that’s all changing with a crucial breakout on the price chart.
As noted by Moustache, Bitcoin has been trading inside a descending wedge since March. However, it has now broken above and retested the resistance, flipping it into support.
According to Moustache, this lays the way for a new breakout, aligning with ClayBro’s bull market forecast and accompanying thesis that Memebet will explode.
Memebet Casino launching soon – wager meme coins on thousands of gaming options
Memebet Casino opens the meme coin sector to a new utility – and it aligns perfectly with the risk-hungry archetype of meme coin degens.
Holders of Dogecoin, Shiba Inu, Pepe, and more can wager their tokens in the world’s first meme coin casino.
And here’s something else: it’s launching before the presale even ends. Memebet token will launch on exchanges with an already-working product, something that other cryptos take years to achieve.
The casino will have thousands of games and sportsbook events to wager on, ensuring users remain entertained and active.
Moreover, the project will offer various rewards like airdrops, casino bonuses, a VIP community group, and Lootboxes.
Not only does Memebet increase the excitement of meme coins, but it also offers investors multiple ways to earn outside of wagering.
A closer look into Memebet’s $10K Competition
To celebrate the launch of Memebet Casino, the team is running a giveaway worth $10K.
It’ll be split between ten winners, and casino users can gain entry by purchasing $MEMEBET in the presale, submitting their wallet address, joining the Memebet social media accounts, and then submitting their casino wallet address after it launches.
There are currently just 914 entrees, opening participants to a relatively high chance of winning.
Moreover, those who participate in the presale will enjoy an early-bird discounted price.
The current $MEMEBET token price is $0.0262, but this will rise in three days.
Memebet has had a full smart contract audit from Coinsult, underlining its commitment to security and transparency.
By merging the meme coin and GambleFi narratives, Memebet holds a unique use case which could present a significant opportunity in the coming months.
Not just because the crypto market is expected to rally, but also thanks to Memebet’s deep focus on community rewards.
Follow Memebet on X or join its Telegram for updates. Alternatively, visit its website to buy tokens.
Visit Memebet Token Presale
Source: https://coinpedia.org/press-release/memebet-token-presale-hits-500k-next-crypto-to-explode/