Article 6QWQM Web3’s First Meme Coin Casino Memebet Token Raises $250K in Launch Week

Web3’s First Meme Coin Casino Memebet Token Raises $250K in Launch Week

by
Alpa Somaiya
from Techreport on (#6QWQM)
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  • Memebet Casino is Web3's first meme coin casino, and it has raised $250K since launching last week.
  • Member Token ($MEMEBET) leverages meme coins' growing popularity by integrating them into Web3's economy.
  • The US Federal Reserve (Fed) cut the interest rate by 50 basis points. So, as borrowing gets easier, investors will shift to risk-on assets like crypto and stocks.

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Memebet Casino is Web3's first meme coin casino. Its native token, $MEMEBET, has raised $250K since launching last week. How did it raise these funds so quickly? It seems whales are piling in to claim first-mover advantage by buying $MEMEBET at rock-bottom prices.

While meme coins like Dogecoin ($DOGE) may have started as a parody, their fun and irreverent nature inspired loyal and large communities.

Now, developers are racing to leverage their growing demand and popularity by building platforms like Memebet Token to integrate meme coins into Web3's economy.

The presale launched last Tuesday and almost immediately received a $150K investment from an anonymous whale wallet. Within 48 hours, Memebet Token secured $50K from a second whale.

image3-14-248x300.pnghttps://twitter.com/Memebetcasino/status/1837073012870287616

Memebet Token has arrived on the scene at just the right time. The online gambling market is set to explode from a $100B industry in 2024 to $130B within the next five years.

In addition, the Fed cut the interest rate by 50 basis points on Wednesday, signaling the start of looser monetary policy. Many had eagerly awaited a cut after the central bank raised rates 11 times over the last two years. Then, in July, they hit their highest level in two decades.

With borrowing getting easier, investors will likely shift to riskier assets like crypto and stocks.

The Fed's news significantly impacted the volatile meme coin market. According to CoinGecko, the sector grew 6.9% in 24 hours to hit an eye-watering market cap of $45.7B. Not bad for crypto's most speculative and volatile market.

Given the projected growth in crypto and online gambling, Memebet Token is in a prime position to become Web3's first multimillion-dollar meme coin casino. Within crypto, it also straddles the GambleFi and meme coins, exposing it to two of crypto's fastest-growing sectors.

A Brief Guide To Memebet Token

Memebet Casino's native utility asset is $MEMEBET. Holding and using it unlocks a range of benefits for players. These include airdrop rewards, special VIP degen bonuses, and access to upcoming Memebet Casino Lootboxes, which feature real-world prizes and casino bonuses.

In the Telegram-integrated casino, players can gamble their meme coins in numerous gaming and betting events. You can wager Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), Bonk ($BONK), and Floki ($FLOKI).

However, the team has hinted it will include many more of the community's favorite meme coins. There will also be a 400M $MEMEBET airdrop.

To join, simply buy $MEMEBET Tokens and wait for the casino's launch (before the end of the presale). Then, all you have to do is start gaming and betting to secure rewards.

The project has allocated 1.4B $MEMEBET tokens to the presale, 70% of its total supply of 2B. Approximately 20% (400M $MEMEBET) are for casino rewards.

Investors can buy in at a fixed, low presale price of just $0.0252. Just visit the project's website and connect your wallet, for example, MetaMask or Best Wallet. This price will rise a tiny fraction of a cent to $0.0253 in two days as the presale enters its fourth round of thirty.

You can purchase $MEMEBET using $ETH, $USDT, $BNB, or $POLY. You can also use your bank card. Only purchases made on the Ethereum network ($ETH, $USDT, or bank card) will immediately be sent to wallets.

Once you've purchased your tokens, add this token address to your wallet (0x0C4a2a28a4edb47a7a4c53B06143C53e889Bd5dB) to view your $MEMEBET.

Memebet Token has undergone a full audit by Coinsult, which found no critical issues with its code.

Memebet is also a regional sponsor of Argentina's national football team. That's serious status for any crypto project. However, it's also a sign that the project is ambitious and sees itself as a global brand and leader.

Join Memebet Token's community on X and Telegram for the latest news and updates about the project.

Visit Memebet Token Now.

The post Web3's First Meme Coin Casino Memebet Token Raises $250K in Launch Week appeared first on The Tech Report.

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