New meme coin Memebet ($MEMEBET) made a splash in the GambleFi market today after raising $150,000 in the first minutes of its new token presale.
Memebet Casino is the first crypto gambling site that provides full support for meme coin gambling, enabling players to wager with $DOGE, $SHIB, $PEPE, $FLOKI, and more. The platform plans to offer thousands of casino games and a worldwide sportsbook, all with no KYC requirements.
It’s also the first that specifically caters to degen traders, opening a new front in the GambleFi and meme coin markets. It’s already being hailed as one of the most important GambleFi projects of the year, with the potential to overtake Rollbit after the $MEMEBET token launches.
The presale opened at an initial price of $0.025, and the token’s price will increase incrementally to an expected list price of $0.028. That means early investors stand to earn unrealized gains of 12% by the time $MEMEBET hits exchanges, plus any rewards they earn from Memebet Casino’s generous airdrops and staking programs.
Memebet Token Positioned for Explosive Growth as Crypto Gambling and Meme Coins Soar
Memebet is launching in the right place and at the right time.
According to analysts, the crypto gambling industry is poised to grow at an exponential rate over the next few years. One estimate suggests that the market could explode more than 14x in value, from $4.6 billion to $65.7 billion in 2027.
At the same time, meme coins have been leading the crypto market all year long. What began as a frenzy of meme coin trading activity on Solana last winter has turned into sustained momentum for the degen part of the crypto market, pushing the total value of meme coins up to nearly $40 billion.
Pump.fun, the Solana dApp used to create new meme coins, generated more than $1 million per day throughout the summer.
Strangely, few existing crypto casinos have capitalized on the massive growth in the meme coin market. Only a handful accept $DOGE deposits, and almost none accept alternative meme coins like $PEPE, $SHIB, or $FLOKI for wagering. Degens with massive bags of meme coins have effectively been left out of the growing GambleFi market.
Memebet Casino is changing that paradigm and creating a potentially massive new market by catering directly to this audience. The gambling platform will let players use their favorite meme coins to wager directly on casino games and sports, plus offer its own $MEMEBET token that combines meme virality with plenty of utility for players.
$MEMEBET Token Offers Play-to-earn Rewards, Airdrops, Lootboxes, and More
The $MEMEBET token lies at the heart of Memebet Casino’s gambling ecosystem, and it packs a ton of value for players.
$MEMEBET token holders can use their coins to bet on Memebet Casino games and sports, then earn tokens back on every bet. The more you wager with $MEMEBET, the more tokens you earn in return.
High-volume players can even qualify for Memebet Casino’s exclusive VIP community of degen bettors.
On top of that, early investors in $MEMEBET can qualify for Season1 of the Memebet Casino airdrop. To qualify for a share of 400 million tokens, all you have to do is wager $MEMEBET in the casino.
Memebet is also rolling out a new lootbox, which will offer real-world prizes and generous betting bonuses for token holders.
Claim Your $MEMEBET Tokens Today
Memebet Casino’s presale is unique in that you don’t have to wait months to claim your tokens. When you purchase from the presale site using $ETH or $USDT, you can claim your tokens and add them to your crypto wallet instantly.
You can also purchase $MEMEBET with $BNB or $POLY, although tokens purchased with these methods won’t be available until the end of the presale.
The project has set aside 1.4 billion Memebet tokens, 70% of the total supply, for presale investors. An additional 400 million tokens (20% of the supply) are reserved for casino rewards, demonstrating a commitment to treating its players well. The final 10% of tokens are reserved for exchange liquidity.
Memebet has undergone a full audit by Coinsult, which found that the project’s code is secure. That’s crucial for providing peace of mind for investors since, like many meme coins, Memebet hasn’t doxxed its project team.
Memebet Casino plans to launch its gambling platform within the next few months. For the latest updates, you can follow the project on X and Telegram.
