Price: $0.39325 3.9757%
Market Cap: 57.77B 1.7549%
Volume (24h): 8.79B 0.4%
Dominance: 1.7549%
Price: $0.39325 3.9757%
Market Cap: 57.77B 1.7549%
Volume (24h): 8.79B 0.4%
Dominance: 1.7549% 1.7549%
  • Price: $0.39325 3.9757%
  • Market Cap: 57.77B 1.7549%
  • Volume (24h): 8.79B 0.4%
  • Dominance: 1.7549% 1.7549%
  • Price: $0.39325 3.9757%
Home > Information news > Web3’s First Meme Coin Casino Memebet Token Blasts Past $250K In Launch Week As Whales Pile In

Web3’s First Meme Coin Casino Memebet Token Blasts Past $250K In Launch Week As Whales Pile In

Release: 2024/09/20 21:00 Reading: 427

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/66ed6d3c91bb0e3767531d99

Web3’s First Meme Coin Casino Memebet Token Blasts Past $250K In Launch Week As Whales Pile In

Memebet Casino's $MEMEBET Token Surges with Whale Investments and Projected Industry Growth

Since its launch last week, Memebet Casino's $MEMEBET token has witnessed a rapid surge in value, raising over $250,000. This surge is attributed to the influx of whale investors, seeking a first-mover advantage by acquiring the token at fixed prices.

Meme coins, initially created as parodies, have garnered significant attention due to their devoted communities and irreverent appeal. Memebet Casino represents a significant stride in integrating meme coins into the Web3 economy.

The presale commenced last Tuesday, attracting an initial investment of $150,000 from a whale wallet. Within 48 hours, Memebet secured a second whale investment of $50,000.

Convergence of Growing Industries

Memebet is strategically poised at the intersection of the rapidly expanding crypto and online gambling industries. Online gambling is projected to soar from $100 billion in 2024 to $130 billion within the next five years.

Additionally, the US Federal Reserve's recent interest rate cut signals a shift towards a looser monetary policy. This move is expected to encourage investors to shift towards risk-on assets, including cryptocurrencies and stocks.

Memebet Token Details

The $MEMEBET token serves as the native utility asset for Memebet Casino. Holding and using the token grants players access to various benefits, such as airdrop rewards, VIP bonuses, and Lootboxes featuring real-world prizes and casino incentives.

Players can wager their meme coins within the casino's Telegram-integrated platform. Initially, Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), Bonk ($BONK), and Floki ($FLOKI) will be supported, with plans for further expansion.

The project is distributing a 400 million $MEMEBET airdrop. To participate, purchase $MEMEBET tokens, launch the casino (before the end of presale), and engage in gaming and betting activities to earn rewards.

Presale Details

A total of 1.4 billion $MEMEBET tokens are allocated for presale, representing 70% of the project's total supply. Approximately 20% (400 million $MEMEBET) are designated for casino rewards.

Investors can acquire tokens at a fixed presale price of $0.0252, which will incrementally rise to $0.0253 during the final stage of the presale. Purchases can be made using ETH, USDT, BNB, POLY, or bank cards.

Audit and Sponsorships

Memebet Token has been audited by Coinsult, confirming its code's integrity.

Memebet is a regional sponsor of Argentina's national football team, demonstrating its global ambitions and aspiration to become a leading brand.

Community and Updates

Engage with Memebet's community on Twitter and Telegram for the latest news and updates.

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