Bitcoin (BTC) Price Breaks $69,000 as InsanityBets (IBET) Presale Reveals New Altcoin

In the fluctuating domain of cryptocurrencies, Bitcoin’s (BTC) recent price gains has turned heads, particularly among investors scouting for the best altcoins to invest in. Amidst these market motions, a new entity, InsanityBets (IBET), has surfaced, branding itself as an innovative CasinoFi and GameFi platform, aiming to carve a new niche in blockchain-based betting. InsanityBets will be launching at just $0.001, with the team targeting a launch price of $0.018 when the token hits exchanges later this year. 

**InsanityBets (IBET) Steps Up as Bitcoin Dips**

Bitcoin’s dominance in the cryptocurrency market has been undisputed and the Bitcoin price has recently jumped to over $69k. Will the Bitcoin price hit $100K? 2024 looks set to be a huge year, given the impending Bitcoin halving. Is Bitcoin a good investment? So far it looks like a great investment as the Bitcoin price has been steadily rising to reach record highs. Investors are also turning to the altcoin market, where InsanityBets (IBET) comes into play, offering not just a gaming platform but an ecosystem designed to enable investors to own a share of the casino – betting from a share of profits and fees. It utilizes blockchain technology and Chainlink VRF (Verifiable Randomness Function) to assure fairness in gaming outcomes, elevating trust in the online gaming arena. Games are already close to finalization, with the team confirming that beta versions will be released during presale. 

**InsanityBets are using innovation being used to grab significant market share**

IBET introduces the Insane Liquidity Pool ($ILP), a pioneering mechanism that allows participants to deposit cryptocurrency and earn a share of the casino’s winnings. This system steps away from conventional reward structures, tying earnings directly to the platform’s economic activity, with a substantial 90% of house profits redistributed to $ILP contributors. This is your opportunity to become the house and the income generated by the pool looks set to be significant – the house always wins!

**Earn up to 50% of the protocol fees as passive income with InsanityBets*

The $IBET token isn’t just another cryptocurrency; it’s an investment into the platform’s future, offering stakeholders up to 50% cut of the protocol fees – stakers get 35%, whilst burners get 50%. The platform’s governance structure further involves token holders in decision-making, from game choices to fee arrangements. The platform is geared towards building a rewarding ecosystem for investors by redistributing house profits and house fees. It’s a great move that will give the project fantastic long term potential. 

**What will Bitcoin hit in 2024? Will IBET be a success?**

As Bitcoin continues to dominate the headlines, many are speculating that Bitcoin will hit $100, and with the incoming halving, it’s hard to deny that the Bitcoin price will continue to rise. 

InsanityBets positions itself as a hub of innovation and rewards. Investors have a real opportunity to effectively own a share of a casino and, in turn, part of a circa $300 billion industry. With the InsanityBets price currently at $0.001 and the launch price target of $0.018, this looks like a great opportunity to win big.

Take part in the InsanityBets presale and find out more about the project here:

• Website: https://insanitybets.com 
• Presale: https://buy.insanitybets.com 
• X: https://x.com/insanitybets 
• Telegram: https://t.me/insanitybets