Dogwifhat and Pepe have each booked significant gains this month, with 55% and 28% pumps, respectively.
However, smart money traders are moving away from these tokens in search of “beta” plays that could outperform during the next market rally.
Memebet token ($MEMEBET) is a new crypto experiencing notable capital inflows on this rotation into smaller meme coins.
It’s crypto’s first meme coin casino, allowing users to wager their joke tokens in thousands of games and sportsbook events.
But there’s more. It’s currently undergoing a presale, so those who buy today are among the earliest adopters.
Matthew Perry, who recently speculated that Pepe will reach a $40 million market cap next year and that Dogwifhat is the next SHIB, expects significant price gains for the Memebet token.
But there’s no doubt that a tiny new meme coin like Memebet is riskier than Pepe and Dogwifhat, so what does that mean?
Well, considering risk-adjusted returns, it’s likely that Perry is alluding to much more than 10x gains for $MEMEBET. In a recent video, he called it a “crypto gem” and said it “will explode.”
“I’m always looking for great plays with huge opportunities so I can be a part of the next Shiba Inu or the next Pepe,” he said.
He continued, “But when it comes to a project with a utility, and you can create something bigger out of it, that means it gives you a larger opportunity.”
Perry then turned to Memebet, “Memebet is pretty interesting, and we see the opportunity that is right before our eyes.”
The analyst delved into Memebet’s use case as a meme coin casino, underlining that this is why it could explode in 2025.
He also noted that the Memebet token is undergoing a presale, which has raised $400K so far.
Memebet will be the world’s first GambleFi platform exclusively for meme coins.
The meme coin market is worth over $50 billion and has continually outperformed other crypto asset classes in 2024, providing market participants with significant liquidity.
Moreover, the sector is well-aligned with GambleFi in that both are deemed high-risk and contain an air of excitement.
Memebet Casino fills a gap in the market, and it’s doing so with purposeful intent.
The casino will launch both a web and Telegram application, ensuring it’s available to players globally.
Getting started is easy. There’s no lengthy KYC process like with traditional casinos. Users simply connect their wallets and begin gambling.
Membet’s juncture of an ideal product-market fit and seamless onboarding proceeds could translate to real adoption.
Here’s how its website puts it:
“Memebet Casino strategically targets two audiences: Telegram’s 1 billion+ users of meme coin trading bots and degen crypto gamblers.”
The Memebet token is the lifeblood that ties all of this together.
It’s the platform’s native utility token, opening investors to a slew of exclusive perks and advantages.
Notably, the upcoming airdrop will go live while the presale is ongoing.
There will be ten winners who each receive $1K.
To gain access, you must invest in the presale and then wager some tokens on the casino once it launches.
Other advantages to $MEMEBET include casino bonuses, a VIP community group, and “Lootboxes,” which contain real-life rewards.
Stay updated on Memebet’s latest developments by following its X account or joining its Telegram. Alternatively, visit its website to buy and stake tokens.
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