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Ethereum investors are getting tired of the cryptocurrency’s downbeat price action as “uptober” fails to deliver any gains, with some shifting to a new ICO called Meme Bets (MEMEBET).
The Ethereum (ETH) price was last around $2,430, wedged below its 50DMA and still well under its 200DMA, which is above $3,000.
Ethereum has been struggling in recent months amid major outflows from its new US ETF products and a general lack of enthusiasm for the crypto, which is currently manifesting itself as a weak on-chain activity for the network.
Investors are thus looking for alternatives that might be able to deliver a better return.
Cryptonews.com’s list of best presales to buy now is a good starting point.
However, one project stands out, particularly as experts predict the possibility of 1,000% gains.
Here is everything you need to know about new ICO Meme Bets (MEMEBET) and why it could be one of the best presales to buy right now.
New ICO Meme Bets – Can MEMEBET Deliver 1,000% Gains?
New ICO Meme Bets has been generating much buzz inside meme coin trading and GambleFi circles.
That’s because Meme Bets sits at the intersection of these worlds—it is an up-and-coming web and Telegram-based crypto casino that is set to position itself as the first GambleFi protocol to allow wagering with meme coins.
The project’s new ICO has already been able to raise close to $400,000 during its presale.
The rush to participate in the MEMEBET presale is no surprise, as experts have come out to support the new ICO.
Analysts at 99Bitcoins rank MEMEBET as one of their best crypto presales with 10x or 1,000% potential.
Cryptonews.com’s in-house presale analyst, Crypto Chester, also ranks it in his top three coins to buy this October.
Meme Bets has also attracted a large number of airdrop hunters, reserving 20% of its token supply for casino rewards.
These airdrop rewards will be distributed to MEMEBET token holders based on their casino usage, potentially offering significant payouts for active participants.
Meme Bets has all the makings of a major player in the GambleFi space, potentially rivaling well-established platforms like Rollbit and Stake.com.
This is not a presale to miss out on. Follow the new ICO on X and Telegram for timely updates.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.