
09/19/2024
Crypto Prices Rise After Fed Interest Rate Cut, Market Sees New Optimism as Meme Coins like Memebet and ICOs Benefit
The crypto market has flipped bullish this week.
Investors are bullish about yesterdayâs interest rate cuts and the chance of a new bull run, so altcoins and meme tokens are in high demand.
Crypto Market Flips Green After Fed Rate Decision
Things are finally looking up for crypto traders.
Yesterday afternoon, the Fed finally cut interest rates for the first time since March 2020.
Naturally, this went down a treat with crypto investors.
Lower interest rates are positive for crypto since they force investors to look at alternative assets for higher returns.
Altcoins and meme coins often benefit most from this shift.
Many of these coins are already reaping the rewards, with Ethereum and Solana up 5% and 7%, respectively.
Avalanche has been one of the biggest gainers with a 12% rise.
Meme coins have seen an outsized benefit, and spot trading volumes have rocketed past $5.3 billion since yesterday.
Top coins like DogWifHat and Popcat have posted double-digit gains.
And with the momentum showing no signs of slowing down, many investors are already curious about which ICO tokens could rally next.
Memebet Casino â Where Meme Coins Meet Gambling
One ICO project that has come onto investorsâ radars is Memebet.
Imagine being able to use your DOGE holdings at the blackjack table.
Thatâs precisely what the Memebet will offer.
This new project in the crypto gambling space is letting you bet with your favorite meme coins.
There is no need to swap for Bitcoin or Ethereum â tokens like PEPE and SHIB are accepted here.
But itâs not just about the cryptos that Memebet Casino accepts.
The team is also rolling out a full-scale gambling experience, from slot machines to a comprehensive sportsbook.
And all of this will be available through the Telegram app.
This setup means you donât need to complete a KYC process, allowing you to jump into action right away.
Plus, the team even has a huge airdrop campaign underway.
The more you play on the Memebet casino, the more MEMEBET tokens you can earn.
Itâs like getting paid to play your favorite games.
All of these features are wrapped in a meme-style aesthetic.
This provides a hilarious gambling experience that no other GambleFi project can match.
MEMEBET Token ICO Heats Up & Nears $250,000 Funding Milestone
The MEMEBET token ICO is on a hot streak.
It has pulled in nearly $250,000 in under 10 days â thatâs around $25,000 every day.
Not bad for a new meme-themed project.
Those interested in getting involved can buy MEMEBET tokens for $0.0252 each during the current stage.
However, that price will jump in less than 48 hours when the next stage begins.
Purchasing tokens is easy.
All thatâs required is a crypto wallet (like MetaMask) and some ETH, USDT, BNB, or MATIC.
Memebetâs team even accepts credit/debit card payments.
So, whatâs next after the ICO ends?
The team is keeping most details under wraps, but rumor has it theyâre aiming for a DEX listing later this year.
According to Memebetâs whitepaper, 10% of the total supply has been set aside for DEX liquidity.
This tactic makes it easier for traders to buy and sell the MEMEBET token.
And with a further 20% of the supply reserved for casino rewards, the team is serious about rewarding its users.
Memebet Team Scores Big with Argentina Partnership & Social Media Buzz
Memebetâs team isnât playing around â theyâve also teamed up with Argentinaâs national soccer team.
Thatâs a massive deal in the sports world.
Itâs a clever strategy thatâs bound to attract attention.
But thatâs not all.
The team is also planning to launch Lootboxes, which are like mystery bags of perks for high rollers.
Real-world merchandise, casino freebies, bonuses â all of these are potential prizes.
Details are still being ironed out, but the excitement is building.