A new low-cap meme coin is gaining significant traction in its ongoing presale, with some speculating it could be the next 100x crypto.
Memebet Token (MEMEBET) – a gaming and meme cryptocurrency – has now raised $540k in its Initial Coin Offering (ICO). It is the native token of Memebet Casino, the first-ever meme coin-based crypto-gambling platform.
The FOMO surrounding the project is also growing as the token price rises with every ICO stage. The next price hike is just over 1 day away, scheduled for 31st October.
Memebet Casino – First Meme Coin Casino For Crypto Degens
Memebet Casino is a Telegram-based, no-KYC crypto casino, designed specifically for meme coin investors and crypto degens.
Meme coins now command a majority of mindshare in the crypto sector. Having pushed DeFi assets to the sidelines, they are now even offering in-demand utilities and real-world value as well.
It is not without any reason that the Memebet Casino is drawing comparisons with Rollbit and is projected to capture a significant share of the booming online gambling sector.
In its whitepaper, the project claims that its competitors have fallen short of customer expectations.
“The current online crypto casino landscape often falls short of user expectations, marked by poor user experiences, uninspired designs, and inadequate rewards.”
It also recognizes that meme coin holdings now make up a larger-than-ever portion of investors’ crypto portfolios. However, most top meme coins – including Dogecoin and Pepe – do not offer any secondary utility or passive income other than pure speculation.
This is a cause for considerable concern. For instance, the Pepe price is down by nearly 50% since its all-time high in May. While it remains an excellent long-term investment, it has offered no value to holders over the past 5 months.
Memebet Casino tackles this issue head-on, allowing investors to wager with their meme coin holdings. The platform offers a vast selection of popular casino games, a global sportsbook and new crypto-native contests, all with the unparalleled user experience of Telegram and no KYC verification.
Hold MEMEBET And Earn Exclusive Rewards, Bonuses and Airdrops
Memebet Casino will also allow users to wager with all top meme coins, including Dogecoin, Shiba Inu and Pepe.
However, Memebet Token holders will be eligible for a plethora of monetary perks, exclusive rewards and VIP bonuses.
For instance, the project has announced its Play-To-Earn airdrop, with 400 million tokens set aside for “the most degen gamblers”. The Season 1 airdrop campaign is already underway, with massive rewards available for the early birds.
Interested participants simply need to buy the Memebet Token during the presale and wager in the Casino after it launches.
Users can follow the project’s X account or subscribe to its Telegram for more updates on the P2E airdrops.
Besides, MEMEBET holders and regular casino players can benefit from other exclusive benefits, including High Rollers VIP bonuses and early access to new features and games in the casino.
With 20% of the MEMEBET token supply allocated for “Casino Rewards”, users are sure to be rewarded for their consistent engagement in the ecosystem.
Could MEMEBET Be The Next 100x Crypto?
The crypto market stands on the cusp of a “golden bull run”. As of press time, the Bitcoin price has flipped the key $68k resistance and hit $69k, with a new all-time high looking imminent.
Amidst the bull market euphoria, risky assets like new meme coins and low-cap cryptos are in high demand. Considering that the Memebet Token will very likely launch in the midst of the bull market, a growing number of experts are calling it the next 100x crypto.
After all, a new micro-cap meme coin with GameFi utility is bound to catch attention.
In addition, MEMEBET boasts strong fundamentals, with 70% of the token supply available during the presale, 20% allocated for casino rewards and 10% for exchange liquidity. Simply put, Memebet Token is a decentralized meme coin, with no separate allocation for the developer team or any private sale.
This also makes it a strong candidate for Tier-1 exchange listings, especially after Binance’s push for listing decentralized meme coins like NEIRO and Moo Deng.
If this isn’t enough, the Memebet Casino has signed a Regional Sponsorship with the Argentina National Football Team, the world champions of the footballing world which has hundreds of millions of fans across the world.
In fact, MEMEBET holders could win lootboxes with real-world prizes, including a signed Lionel Messi T-shirt.
It is therefore no surprise that prominent crypto investors are viewing it as the next 100x crypto. Projects with much less value to offer have seen much higher growth during the bull market euphoria.
Interested buyers still have ample opportunity to buy Memebet Token at a heavily discounted price. However, the MEMEBET price will continue to increase after every presale stage, with the next hike scheduled for October 31st.
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Source: https://en.cryptonomist.ch/2024/10/30/low-cap-meme-coin-memebet-raises-540k-in-gamblefi-presale-next-100x-crypto/