Meme coins might be grabbing the headlines, but some investors are already looking elsewhere.
One leading expert has argued that GambleFi tokens are severely undervalued.
With the potential to surge 10-50x, this expert believes GambleFi could be the next sector to explode.
Are GambleFi Tokens About to Explode After Expert Predicts 10-50x Returns?
GambleFi, where the excitement of gambling meets DeFi, is heating up.
Crypto expert @thescalpingpro, with over 90,000 Twitter followers, predicts this sector is primed for growth.
He believes GambleFi tokens could see 10-50x returns.
Leading the way is Rollbit Coin (RLB), a crypto gambling project that generates $500,000 in daily casino revenue – and $19 million in the last month alone.
However, its market cap remains at just $172 million.
With over half of RLB’s supply burned and a bullish chart pattern emerging, @thescalpingpro sees it mirroring the massive gains made by some meme coins.
That also implies he’s bullish on other GambleFi tokens.
Currently, the sector’s total value is just $452 million – a fraction of the meme coin market’s $54.1 billion valuation.
So, even if the GambleFi space were to 10x, it would still be far smaller than the meme coin space.
This suggests there’s huge upside potential here for those with exposure.
Big Names Bet Big on GambleFi’s Long-Term Potential
Some other big names are taking to social media to share their hot takes on the GambleFi space.
Analyst @AndrewY_SX is betting that the next big thing will be chain-level economics for tokens, which are must-haves for gambling-focused app chains.
In other words – token value will be tied directly to how much action these platforms see.
Meanwhile, crypto expert @Branzed_ is also pointing out the massive potential of GambleFi.
Even though the gambling industry earns billions each year, it has yet to fully embrace crypto.
That’s where projects like Rollbit and Shuffle come in.
They promise users passive income, transparency, ownership, and unique betting markets.
However, one key challenge is that many users feel the rewards in the sector need to be more balanced.
The big winners get the largest rewards – leaving smaller players with poor payouts.
So, for GambleFi platforms to take off, they’ll need to raise their game and appeal to a broader audience.
They need to make users feel like they’re part of something bigger.
New Crypto Gambling Sensation Memebet Token Raises $470K as Investors Pile Into Presale
With all the buzz around GambleFi lately, one project that’s been performing well is Memebet Token (MEMEBET).
This new casino coin aims to take the sector by storm – and many early backers believe it will do so.
So, what is Memebet?
In a nutshell, it’s an online crypto casino that supports wagers using top meme coins, like DOGE and PEPE.
This adds an extra layer of excitement to the gambling experience.
Memebet Casino also offers several features to keep players engaged, including a range of live dealer games, a sportsbook, and P2E rewards.
There are even plans to launch an NFT collection and lootboxes for VIP players.
However, what really sets Memebet Casino apart from other GambleFi projects is its focus on community.
According to the project’s whitepaper, 70% of the token supply will be dished out during the ongoing presale.
That community focus has helped Memebet raise over $470,000 in funding so far.
And crypto expert Matthew Perry, who has 220,000+ followers on YouTube, has even predicted that the MEMEBET token will “explode” in 2025.
Early investors can now buy MEMEBET for $0.0259, although that price will rise when the next presale stage begins over the weekend.
With thousands of people now part of the official Telegram channel, it’s clear that hype is building around Memebet’s prospects.
It’s a GambleFi project that many are watching as we enter the final weeks of 2024.
