{"id":585952,"date":"2024-10-10T16:11:41","date_gmt":"2024-10-10T16:11:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=585952"},"modified":"2024-10-10T16:11:41","modified_gmt":"2024-10-10T16:11:41","slug":"gamefi-meme-coin-memebet-token-rakes-in-430k-in-one-month-only-hours-left-before-a-price-hike","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/gamefi-meme-coin-memebet-token-rakes-in-430k-in-one-month-only-hours-left-before-a-price-hike","title":{"rendered":"GameFi Meme Coin Memebet Token Rakes In $430K In One Month \u2013 Only Hours Left Before A Price Hike"},"content":{"rendered":"

Memebet ($MEMEBET)<\/a> token has already raised over $430,000 in its presale as this new GameFi project aims to put idle meme coins to use.<\/p>\r\n\r\n\r\n\r\n

In the crypto world, it’s all about returns – massive returns, that is. That’s why meme coins have been the stars of 2024, as they have consistently offered accelerated returns that outshine the industry’s top assets.<\/p>\r\n\r\n\r\n\r\n

Of course, the digital asset space is just as volatile as traditional finance, but with even more wild swings thanks to the industry’s nascency. As such, meme coin lulls can go on for an extended period.<\/p>\r\n\r\n\r\n\r\n

Enter the Memebet token project, which has developed a way for the industry’s whimsical assets to potentially yield big payouts by allowing the most degen investors to win big in its upcoming meme coin casino.<\/p>\r\n\r\n\r\n\r\n

That’s right, the Memebet token is launching an online casino where users can wager with meme coins. Holders of Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), and others now have a new way to feed their risk-seeking cravings.<\/p>\r\n\r\n\r\n\r\n

To help the project take off, prospective investors can purchase $MEMEBET tokens at presale for $0.0257. However, this price will increase in less than 24 hours to $0.0258, marking the start of a new funding round.<\/p>\r\n\r\n\r\n\r\n

MEMEBET: A Secret Weapon For Investors Seeking Big Wins As Meme Coins Fall<\/h2>\r\n\r\n\r\n\r\n

According to CoinMarketCap data, meme coins are now experiencing a two-day slump following a strong last week of September that pushed the sector’s value to $53 billion.<\/p>\r\n\r\n\r\n\r\n

By the first week of October, the sector’s market capitalization dropped as low as $43 billion and currently stands at $47 billion.<\/p>\r\n\r\n\r\n\r\n

In the past 24 hours, most meme coins have been in the red, with tokens such as DogWifHat ($WIF), Pepe ($PEPE), and Bonk ($BONK) losing 10.31%, 5.35%, and 6.02%, respectively.<\/p>\r\n\r\n\r\n\r\n

Even one of the biggest gainers this week, Pop Cat ($POPCAT), lost 1.38% in value during the same time frame.<\/p>\r\n\r\n\r\n\r\n

Overall, the entire industry has shed 1.83% in value as market sentiment shifted back to fear mode on Thursday after remaining in neutral territory since October 4. It appears that this month’s much-anticipated bull run is falling short of expectations.<\/p>\r\n\r\n\r\n\r\n

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In such conditions, generating returns for meme coins often leads traders to adopt a wait-and-hold-until-the-bulls-return approach.<\/p>\r\n\r\n\r\n\r\n

But with Memebet token’s crypto casino, this will change, as the project will enable such assets to provide investors with the opportunity to make substantial returns by allowing them to be used as wagering currencies.<\/p>\r\n\r\n\r\n\r\n

Instead of sitting idly, Memebet Casino<\/a> lets investors simultaneously earn from their holdings amid a down market while having fun in the process.<\/p>\r\n\r\n\r\n\r\n

Memebet: A Bold New Frontier In Online Betting<\/h2>\r\n\r\n\r\n\r\n

However, it’s not just the top meme coins that can be used to bet on Memebet<\/a>. Players can also utilize the project’s native token, $MEMEBET, to maximize their rewards within the Memebet ecosystem.<\/p>\r\n\r\n\r\n\r\n

Using $MEMEBET tokens allows users to earn airdrop rewards, special degen bonuses, and entry into the upcoming Memebet Casino Lootboxes, which feature real-world prizes and valuable casino bonuses.<\/p>\r\n\r\n\r\n\r\n

High-volume bettors and large holders of $MEMEBET tokens will also gain access to an exclusive Degen VIP community.<\/p>\r\n\r\n\r\n\r\n

This utility of $MEMEBET within the Memebet ecosystem creates demand beyond mere novelty, making it especially valuable in the rapidly growing iGaming market. This industry, which includes crypto casinos as a subsector, is projected to expand substantially to $132.90 billion by 2029, according to Statista.<\/p>\r\n\r\n\r\n\r\n

The potential for Memebet Casino to establish a strong presence, backed by degen meme coin holders eager to go all in, strengthens the investment case of the $MEMEBET token.<\/p>\r\n\r\n\r\n\r\n

This sentiment is echoed by popular crypto influencer Matthew Perry, who believes $MEMEBET is a crypto gem poised to break out in 2025, as he shared with his 226,000 subscribers in a recent video.<\/p>\r\n