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Reading: Crypto’s first meme coin casino, Memebet, secures $300,000 in funding as meme coin markets surge by 18% overnight
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Gulf Press > Business > Crypto > Crypto’s first meme coin casino, Memebet, secures $300,000 in funding as meme coin markets surge by 18% overnight
Crypto

Crypto’s first meme coin casino, Memebet, secures $300,000 in funding as meme coin markets surge by 18% overnight

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Last updated: 2024/09/27 at 7:22 PM
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Meme coins have taken the crypto world by storm, with projects like Dogecoin and Shiba Inu gaining popularity among investors. Memebet Casino is one of the first meme coin casinos in the Web3 space, and its $MEMEBET token has already raised over $300,000 in just a short span. With meme coins experiencing a surge in value, Memebet Casino is riding the wave of excitement around this emerging sector. The recent decision by the US Federal Reserve to cut interest rates has also positively impacted the crypto market, leading to a rebound in prices and setting the stage for potential growth in October.

Meme coins like Dogecoin and Shiba Inu have evolved from being simple parodies to gaining utility features, such as enhanced privacy and ecosystem development. Memebet Casino aims to integrate meme coins into the Web3 economy by offering a platform for users to engage in meme coin gambling. The casino has already received significant investments from anonymous whales, indicating the potential for growth in this new sector. As online gambling and crypto continue to intersect, projects like Memebet Casino are poised to capitalize on this convergence and shape the future of both industries.

The recent rate cut announcement by the Federal Reserve had a noticeable impact on the meme coin market, with a 7% growth recorded in the 24 hours that followed. This signals the beginning of Meme Coin Season, where projects like Memebet Casino are well-positioned to become leaders in the space. The $MEMEBET token offers various benefits for players, including airdrop rewards, VIP bonuses, and access to exclusive events. Players can gamble their meme coins on different games and events within the casino, with plans to expand the roster of supported coins in the future.

Investors can participate in the $MEMEBET presale by purchasing tokens at a fixed price of $0.0254. The token can be bought using ETH, USDT, BNB, or POLY, with purchases made on the Ethereum network receiving immediate delivery to wallets. The project has allocated a significant portion of tokens for airdrops and community rewards, providing opportunities for token holders to earn rewards while participating in the casino activities. With a total supply of 2 billion tokens, the presale offers 1.4 billion $MEMEBET tokens for investors to acquire before the price increases.

Memebet Casino has undergone a full audit by Coinsult, ensuring the security and reliability of its platform. As one of the first meme coin casinos in the Web3 space, Memebet aims to merge gambling and meme coins to create a unique gaming experience for users. The project has also secured a regional sponsorship with Argentina’s national football team, highlighting its ambition to become a global leader in the crypto and gambling industries. Join the Memebet community on X and Telegram for the latest updates and news about the project.

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News Room September 27, 2024
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