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A new GambleFi project called Memebet ($Memebet) has kicked off its presale in spectacular fashion, raising $200,000 within the first two days.
The project will be a GambleFi platform designed for meme coin traders. It offers many gaming options, including sportsbook events and casino games. Users can wager meme coins like Dogecoin, Shiba Inu, Pepe, and others.
It will also integrate with Telegram to enable a seamless user experience that is KYC-free.
With the presale live, those seeking the best price are against the clock. $MEMEBET is currently available to buy at $0.025, but this will rise throughout the campaign, with the next increase in two days.
The project opens a new world of utility to the once-useless joke token sector.
With the potential to lure millions of meme coin enthusiasts to GambleFi, Memebet token is set to rock the market and potentially rival front runner Rollbit.
Participating in the presale allows investors to join this journey from the beginning.
The perfect match: $MEMEBET connects degens’ favorite use cases
Tons of degens have pivoted to GambleFi this week. It comes following popular meme coin influencer Ansem backing Rollbit for growth.
Following Answem’s tweet, the RLB price has surged over 60%, reaching a near $300 million market cap at the time of writing.
This comes after months of frustrating price action for meme coins, which have suffered amid the market downturn. However, this is expected to change with crypto prices set to recover in Q4, which has historically been a bullish quarter.
While Memebet offers an extensive selection of games and sportsbook events, its real power lies in the utility it provides for meme coins.
The platform empowers meme coin holders to use their tokens as a currency, which was the idealized vision of Dogecoin holders in 2021.
Utility is at the core of the Memebet token, hinting at long-term potential
Memebet’s native token, $MEMEBET, unlocks the platform’s full capabilities.
Those wanting access to its Play-to-Earn airdrop will need $MEMEBET, as will hungry degens looking to secure “Lootbox” prizes and those seeking additional on-platform rewards.
Moreover, wagering with Memebet token will provide bigger gains, and high-volume bettors will even get access to an inner-circle VIP community group.
Utility is the best way to generate organic and sustainable demand, and $MEMEBET has that in buckets.
Meanwhile, the two sectors in which Memebet is positioned (meme coins and online gambling) are thriving. The meme coin market is worth a staggering $40 billion – that’s $2 billion more than Coinbase. Meanwhile, the online gambling sector is expected to hit $130 billion in revenue in five years.
Participate in the presale and access the 400 million $MEMEBET token set aside for airdrop rewards
The Memebet roadmap is packed with exciting developments – many will launch even before the presale concludes. Next up is the start of its airdrop season one.
Per its website, 400 million tokens are set aside for users via the airdrop. They’ll also receive early access to new features and exclusive benefits.
Enter the airdrop by purchasing presale tokens and wagering them before the presale ends.
Memebet has a total supply of 2 billion tokens. 70% are allocated to the presale, 20% to casino rewards, and 10% to exchange liquidity.
It’s unusual for a utility-based project to allocate 100% of its supply to the community, but Memebet will sustain itself through revenue generated from the casino.
This is significantly bullish for its long-term potential, mitigating the common issue of founders liquidating tokens to pay operational costs.
Ethereum Foundation is an example, selling $200 million worth of ETH, which has likely suppressed its price.
Adding to the Memebet arsenal, the project has undergone a full audit by Coinsult, who found no issues with its code. This indicates the project is legitimate and secure.
Centered between two degen-friendly narratives, Memebet token could pick up pace as more people learn about the project. But with the price rising throughout the presale, those seeking the best value for money should not wait around.
Visit Memebet Token Presale
Source: https://finbold.com/could-this-new-gamblefi-coin-explode-like-rollbit-memebet-token-presale-off-to-strong-start/