The Kitten Haimer team has just announced some exciting news.
They’re launching a casino game and a Play-to-Earn (P2E) Telegram game where community members can earn KHAI.
Meanwhile, the new GambleFi project Memebet is also making headlines – and has already raised over $240,000 in its ICO.
Kitten Haimer Bursts Back Onto the Scene with New Gaming Developments
Kitten Haimer is back on investors’ radars this week.
This Solana-based coin launched back in April, aiming to give dog-themed meme coins a run for their money.
However, KHAI’s price is down over 86% since its launch.
At the time of writing, KHAI is trading for just $0.19, a far cry from its all-time high of $1.43.
KHAI’s market cap has also sunk to $10.6 million.
Yet the creators haven’t given up on the project.
They’ve ventured into the NFT space and announced a mint event for token holders.
But it’s this week’s casino and Telegram game reveal that’s piqued investors’ attention.
Details on these games are still being kept under wraps, but the team plans to share them in an upcoming Twitter thread.
And with these new developments, the community is eager to see if Kitten Haimer can finally turn things around.
Solana Meme Coin Market Faces Ongoing Challenges
The entire Solana meme coin scene has been struggling lately, not just Kitten Haimer.
The sector’s market cap has taken a hit, dropping below $6 billion.
Trading volumes haven’t been great either, with only $822 million in spot activity over the past day.
It’s far from what meme coin investors would be hoping for.
Even the top coins are feeling the pressure.
WIF and BONK have been on a downtrend since last week, while GIGA and MUMU are down double digits.
POPCAT and PONKE are the exceptions, managing to make some gains despite the bearishness.
Many believe that the Solana meme coin hype is cooling off, especially as other blockchains like TRON gain attention.
But in crypto, things can change quickly.
If the broader market rebounds in the final months of 2024, these coins might find their footing again.
For now, investors are waiting to see if this is just a pause or if it’s something more serious.
New GambleFi Project Memebet Gains Traction as ICO Nears $250K Milestone
While Solana’s meme coins may be in a slump, one new project is still performing well.
Enter Memebet token – a fresh face in the GambleFi space.
Memebet token’s team is aiming to create an entire crypto casino ecosystem specifically for meme coins.
Investors can gamble on the Memebet casino with popular coins like DOGE and PEPE, making it a go-to spot for those who love memes and betting.
What also sets the Memebet platform apart is that it’s hosted on Telegram.
This brings the crypto casino experience directly to investors’ smartphones.
And there’s no KYC involved – it’s simply a case of connecting a crypto wallet and playing.
This no-fuss approach is attracting a lot of interest, and it’s showing in the ICO’s numbers.
The project’s ICO has already raised over $240,000 in its first week of going live.
Right now, early investors can buy MEMEBET tokens for $0.0252 each, with purchases accepted in ETH, USDT, BNB, MATIC, or credit/debit cards.
According to Memebet token’s whitepaper, the developers are also launching a huge airdrop campaign.
This campaign allows investors to earn more MEMEBET tokens by wagering on the Memebet casino.
Crucially, the team has set aside 20% of the supply to fund these airdrop rewards.
They’ve even had the MEMEBET token audited by Coinsult, a well-respected blockchain security firm.
Putting all this together, the project is clearly off to a strong start.
With its ICO going from strength to strength, Memebet token could be one of the most talked-about new launches in the GambleFi space this year.