Memebet Token ($MEMEBET) is a brand-new crypto project that’s currently in presale. It has developed a blockchain-based casino and sportsbook for meme coin holders. Players can wager Dogecoin, Shiba Inu, Pepe, and more, benefiting from instant payouts and a KYC-free experience.
Read on, I explain how to buy Memebet Token at presale prices. I also explore how Memebet Casino works and what risks and potential gains to consider.
What to Know About Memebet and Its Native $MEMEBET Tokens
Let’s start with some key takeaways about Memebet Token:
- Meme Coin Casino: In a nutshell, Memebet is a decentralized gambling site that supports meme coins. Games will include slots, blackjack, video poker, dice, baccarat, roulette, sports betting, and more. Deposits and withdrawals will be processed instantly via wallet-to-wallet payments.
- No KYC on Telegram: The Memebet Casino will operate on the Telegram app, now home to a billion active users. No KYC processes are required to play, ensuring privacy and anonymity. This will appeal to a wide range of players, especially the meme coin community.
- $MEMEBET Tokens: The project’s native token, $MEMEBET, sits at the heart of the Memebet Casino. Those wagering $MEMEBET will secure perks, such as exclusive bonuses and airdrop payouts. $MEMEBET holders also get early access to new games and promotions.
- Presale Raise: $MEMEBET is a presale token, so it isn’t currently listed on exchanges. The presale offers a discounted price and accepts payment methods such as ETH, USDT, BNB, MATIC, and credit cards. 70% of the supply will be sold to presale investors, and the hard cap is $37 million. This will give Memebet a fully diluted market capitalization of just $52.8 million. This could make $MEMEBET one of the best altcoins for micro-cap investors to buy.
How to Buy Memebet Token ($MEMEBET): Step-by-Step Walkthrough
Let’s move on to our step-by-step guide on how to buy Memebet Token.
Step 1: Get the Best Wallet App [Recommended Wallet for Presales]
The first step is to get a wallet that’s compatible with the Memebet presale. Best Wallet is a great option. It’s a free, non-custodial wallet app for iOS and Android.
Best Wallet is directly supported by Memebet Token, so you won’t need to use third-party integrations like WalletConnect. What’s more, Best Wallet supports over 60 networks and comes with robust security features.
Visit the Best Wallet website to download the app, open it, and create a password. Follow the on-screen steps to complete the setup process.
Step 2: Add Coins to Best Wallet
The Memebet presale accepts crypto payments, including ETH, USDT, BNB, and MATIC. Best Wallet supports each coin, so you can make a transfer from another wallet or an exchange. Just click the respective coin followed by ‘Receive.’ This will show a wallet address; use this when making the transfer.
If you don’t have any coins right now, use Best Wallet’s fiat on-ramp tool. This enables you to buy coins instantly with a debit/credit card. The coins will be added to your Best Wallet balance once the payment is completed.
Step 3: Connect Best Wallet to the Memebet Presale
Visit the Memebet presale website and click the ‘Buy Now’ button.
Select ‘Best Wallet’ and confirm the connection request that appears.
Step 4: Fill Out the Memebet Presale Transaction Details
The final step is to complete the presale transaction details. First, select which coin you want to use as payment. I’ve selected USDT in my example.
Then, type in the number of coins to invest. I’ve opted for 250 USDT, so that returns 10,000 $MEMEBET. Finally, confirm the presale investment via Best Wallet. It requires authorization before releasing the coins to Memebet.
That’s it; you’ve just invested in the Memebet presale. The tokens will be delivered to your Best Wallet address.
What Is Memebet?
Memebet is a new crypto project involved in the GambleFi space. It has developed a blockchain-based gambling site for the Telegram app. It’s specifically targeted to the meme coin community. Some of the best meme coins will be supported, allowing players to deposit, bet, and withdraw funds via non-custodial wallets.
This will include Dogecoin, Shiba Inu, Pepe, and other iconic meme coins. Memebet Casino, which is backed by the Ethereum network, offers a private gambling experience. Players won’t be asked for personal information or KYC documents. What’s more, no registration process is needed; accounts are connected to the player’s Telegram username.
Memebet Casino will support the most popular casino games, including roulette, blackjack, baccarat, and slots. It will also offer sports betting markets, covering top leagues like the EPL, NBA, and MLB. In addition to established meme coins, Memebet Casino will also accept $MEMEBET, the project’s ecosystem token.
Those gambling with $MEMEBET will secure benefits, including exclusive bonuses and airdrop rewards. $MEMEBET is also an investment token, considering it will be listed on exchanges after the presale. This provides ‘crypto degens’ with exposure to a micro-cap project with huge growth potential.
Is Memebet Token a Good Buy?
Let’s explore the Memebet Token investment thesis. This will help you determine whether $MEMEBET is right for your portfolio.
No KYC Telegram Casino
The Telegram app is used by about 1 billion people, so it’s a great place for Memebet Casino to operate. Its gambling platform is globally accessible, with no KYC requirements for players. Instead, players simply need to transfer meme coins from a private wallet. The payment should be approved in seconds.
Thousands of games will be available. This includes table games like roulette and blackjack. Not to mention slots, video poker, keno, and live dealers. Memebet also aims to become the best crypto sports betting platform, with competitive odds on pre-match and in-play markets.
Airdrop Campaigns
Memebet Token is also launching airdrop campaigns. These will come in two stages. First, those placing bets on Memebet Casino before the presale finishes will be entitled to airdrop rewards. The more wagered, the higher the payout.
Second, the airdrop will continue after the presale has concluded. Once again, rewards are based on the amount wagered. Crucially, 20% of the token supply has been allocated for the airdrop.
Presale Discount
The Memebet presale incentivizes earlier participation. The presale will run over 30 stages, with each increasing the price. Since we’ve already passed the first stages, the presale price is up to $0.0255.
The price will rise to $0.0279 once we get to the 30th stage. This means right now, you can secure an immediate upside of around 11%. The exchange listing price will likely be higher too, ensuring all presale buyers get preferential rates.
Additionally, check out our Memebet token price prediction to learn more about the token’s price potential.
Low-Cap Gem
Memebet Token will appeal to speculative traders seeking low-cap gems. Now, the presale hard cap is just $37 million, with 70% of the token supply being sold.
Assuming the presale sells out, Memebet Token will have a fully diluted market capitalization of just $52.8 million. This gives presale investors plenty of room for explosive growth.
For instance, consider that the largest gambling token, Rollbit Coin, was valued at over $817 million at its peak. This means $MEMEBET would require growth of 14x to align with the industry leader.
Memebet Token Price Potential – What to Consider
Memebet Token operates in two high-growth markets: meme coins and GambleFi. But can $MEMEBET become the next crypto to explode? First, consider that the current presale price is just $0.0255. Those investing today will get an 11.6% upside based on the final stage price of $0.0279.
Strong crypto markets, especially in the GambleFi space, could see Memebet Token valued at over $300 million by the end of 2024. This would offer an upside of about 6x for presale buyers. Come 2025, we expect prolonged bull markets, with utility projects like Memebet Token benefiting greatly. $MEMEBET could hit a market capitalization of $1.2 billion.
This would offer a presale upside of about 22x. In addition to wider market conditions, Memebet Token’s potential will depend on the success of its casino. Presale investors will be hoping for increased player traffic, especially those wagering $MEMEBET. This could see Memebet Casino become a multi-billion-dollar project, although it’s too early to predict.
Conclusion
Overall, Memebet Token could be one of the best micro-cap gems for 2024. Its innovative Telegram casino offers thousands of games without KYC requirements. Iconic meme coins are the gambling currency, including Dogecoin and Pepe.
The presale is currently priced at $0.0255 per $MEMEBET, although this will increase in the next few hours. As such, those investing today will get the lowest price possible. The Memebet presale accepts ETH, USDT, BNB, MATIC, and credit cards.
FAQs
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References
- Memebet Token Whitepaper (Memebet Token)
- Memebet Token Audit (Coinsult)
- What Is GambleFi and How Does It Bring Gambling On-Chain? (CoinGecko)