Crypto’s First Meme Coin Casino Memebet Surges Past $300,000 In Presale As Meme Coin Market Soars 18%
Release: 2024/09/28 03:49 Reading: 722
Memebet Casino: Unleashing the Power of Meme Coins in Web3 Gambling
Barely two weeks into its presale, Memebet Casino, the inaugural meme coin casino in Web3, has garnered an impressive $300,000. This surge coincides with an explosive rally in the meme coin sector, which has seen its value soar by 18% in 24 hours, reaching a collective market cap of $55.3 billion.
Riding the wave of the meme coin gold rush, Memebet Casino has witnessed significant growth in leading projects like Shiba Inu ($SHIB), Pepe ($PEPE), and DogWifHat ($WIF), all posting double-digit percentage gains over the past week. Shiba Inu has climbed nearly 40%, while Pepe and DogWifHat have surged by 30%.
Amidst this speculative fervor, recent launches like Mog Coin ($MOG) and Neiro ($NEIRO) have also showcased rapid growth, matching the performance of more established projects. Meanwhile, Moo Deng ($MOODENG), a meme coin inspired by a viral baby pygmy hippo, has witnessed a staggering 945% increase since its launch a fortnight ago, coinciding with the Memebet Casino presale.
Crypto markets have responded positively to the US Federal Reserve's interest rate cut, which reversed a two-year, eleven-hike trend that had pushed American borrowing costs to their highest level in over two decades. As borrowing costs decrease, investors are adopting riskier positions, contributing to crypto's overall rebound since the announcement.
With the potential for an "Uptober" next month, Memebet Casino's presale timing could not be more opportune. The project combines two of crypto's most burgeoning sub-sectors: meme coins and Web3 gambling (GambleFi).
Meme Coins: A Force to Reckon With
Meme coins like Dogecoin ($DOGE) and its imitators may have originated as parodies, but their playful and irreverent nature has fostered dedicated and sizable communities. Many members genuinely embrace crypto's founding principles of independence and decentralization.
Recognizing the growing demand, meme coin creators are introducing new utilities. Shiba Inu is enhancing privacy features and developing an ecosystem around its proprietary Ethereum Layer 2, Shibarium. Floki is currently testing trading bot functionality.
Few projects, however, cater to meme coins as seriously as Memebet. Amidst the rapid growth of both meme coins and gambling in crypto, Memebet Casino marks a significant step towards integrating meme coins as valid tender within Web3's economy.
Memebet Casino's $MEMEBET Token
$MEMEBET, the native utility token of Memebet Casino, unlocks various benefits for players, including airdrop rewards, exclusive VIP degen bonuses, and access to upcoming Memebet Casino Lootboxes containing real-world prizes and casino bonuses.
Players can gamble their meme coins in a wide array of games and betting events at both the Telegram-integrated and web Memebet Casinos. Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), Bonk ($BONK), and Floki ($FLOKI) will initially be supported, with further expansion planned.
The project has allocated 400 million $MEMEBET tokens for wagering airdrops and community rewards. To participate in season 1 of the airdrop, purchase and wager $MEMEBET during the presale to earn airdrop points and secure $MEMEBET rewards.
Of the total supply of 2 billion tokens, 1.4 billion $MEMEBET tokens are available for the presale (70%). Approximately 20% (400 million $MEMEBET) are designated for casino rewards.
Investors can purchase tokens at a fixed presale price of $0.0254 on the project's website. Purchases made on the Ethereum network (ETH, USDT, or bank card) will be immediately sent to wallets. After two days, the presale price will increase slightly to $0.0255.
Memebet Token has undergone a full audit by Coinsult, which concluded that there are no critical issues with the code.
Memebet: A Global Ambitious Brand
Memebet's regional sponsorship of Argentina's national football team underscores the project's ambitious aspirations of becoming a globally recognized brand and leader.
Join Memebet's community on Discord and Telegram for the latest updates and information.
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