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The popular meme coin, Memebet Token, has started making waves during its presale, having raised close to $500k so far. This ambitious meme coin casino project has the potential to become the next big crypto this year.
But what are the token’s qualities that have sparked the mania around its presale?
What is Memebet Token?
Memebet Token is an ERC-20 token that powers Memebet Casino, described as “The Casino for Meme Degens.” It is the only web and Telegram-based casino that exclusively accepts meme coins. Not only does it offer massive P2E airdrops, but it also provides special degen rewards and exclusive VIP benefits.
Playing with Meme Coins Only
Memebet Casino allows users to play casino games using only meme coins. Whether users are looking to put their Pepe to good use or want to make their OG crypto, DOGE, more versatile, this is the perfect place to use their tokens.
Wager-Based Airdrops
Another standout feature designed by Memebet Token is its unique airdrop system. The rewards aren’t randomized; players must earn them. The more players wager on this degen casino, the larger the portion of airdrops they will receive.
MEMEBET Holding and Exclusive Perks
Those who hold Memebet Tokens will receive rewards that go beyond standard staking. The number of tokens held directly correlates to the exclusive benefits players can enjoy. These benefits may include special rewards, early access to certain games, and access to high-rolling tables.
What Makes Memebet Casino Different From Traditional Casino Platforms?
With the meme coin market nearing $60 billion in market capitalization once again, it has become clear that meme tokens are highly sought after by most cryptocurrency investors. Additionally, there has been a rise in GambleFi cryptos, as demonstrated by the increase in Rollbit’s value since its launch.
Memebet Casino is tapping into two markets: the meme coin space and the crypto casino sector. By blending the volatile nature and versatility of meme coins with the randomized outcomes of casino games, it is creating a degen casino ecosystem that offers enhanced thrills for those unafraid of taking risks.
Moreover, the casino is active on Telegram, providing the “no KYC” advantage, which makes accessing the games even easier.
The games are versatile, featuring crypto-native games designed for degens as well as traditional games aimed at attracting conventional gamblers to the meme coin space.
Punters also have much to look forward to, as the platform will host a global sportsbook that includes leagues like the EPL, NBA, and more.
Additionally, there’s the NFT Lootbox, which will grant holders access to a “degen” assortment of goodies, including real-world prizes and various tangible casino freebies.
These features are just a few of the reasons why people are gravitating toward what this casino has to offer.
Memebet Token Tokenomics
Memebet Token has opted for a robust, community-centric tokenomics model, giving the public access to the majority of the total supply. There are 2 billion MEMEBET tokens in total, with 70% allocated to the presale, 10% for liquidity, and the remaining 20% designated for casino rewards.
These rewards will be distributed in the form of airdrops, which will take place in two seasons: one before the presale concludes and another after.
Memebet Token Raises Close to $500k
Memebet Token has raised over $479k to date, nearing its $500k target. Currently, one token is priced at $0.0259, presenting a good opportunity for those looking to capitalize on early mover gains.
Is Memebet Token a Good Investment?
Memebet Token offers the most obvious utility for meme coins. It has all the features to attract degen investors, and its goals are accessible. Additionally, the fact that these tokens can be wagered while the presale is still ongoing showcases the project’s credibility as a meme coin initiative.
High-profile cryptocurrency analysts, such as ClayBro, have already highlighted this project’s immense potential in their videos.
The YouTuber has stated that Memebet is “the place where degens unite.” It is a play-to-earn gaming platform that puts existing top meme coins to good use.
How to Participate in the Memebet Token Presale
Here are the steps required to participate in the Memebet Token presale:
- Go to the official website – memebettoken.com.
- Click on the “Buy with Crypto” or the “Buy with Card” option. Regardless of your choice, you will be prompted to connect your wallet.
- Enter the amount of ETH or USDT you wish to swap for MEMEBET tokens.
- Click on “Buy.”
To learn more about the platform and engage with its community, we recommend visiting its Twitter or Telegram pages.
Visit Memebet Token
Source: https://finbold.com/memebet-token-nears-500k-as-investors-pour-into-new-meme-coin-casino-ico/