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Gambling cryptos have surged in demand significantly over recent months, which has led to projects like EarnBet gaining traction again. While the project was already on an uptrend, with low volumes being traded earlier, investors weren’t too bullish.
But this seems to have changed now, with the overall increase in value within the GambleFi sector.
Is EarnBet The Next Big Crypto Casino?
Introduced in 2018, EarnBet was launched as an online casino that supports cryptocurrencies exclusively, catering to the growing demand for blockchain-based gambling.
The platform has since established itself as a popular name in the crypto casino space, offering over 14 cryptocurrencies for deposits and withdrawals, including major tokens like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and USDT. This flexibility allows players to bet on popular casino games using digital currencies, making it accessible for crypto enthusiasts.
EarnBet offers access to a huge variety of games, including slots, table games like blackjack and roulette, as well as live dealer games and lottery options. The platform also boasts several unique crypto-focused games that appeal to players looking for a new experience.
New users can register easily, with just an email and password required to get started, and the platform offers a first deposit bonus alongside ongoing promotions. At present, the platform provides an exciting $50 BTC bonus for a $100 deposit, as an incentive for players to get involved.
Its 62.5% rakeback, which rewards players with a percentage of their losses returned, is a feature that makes it an appealing option to players.
The platform also offers responsible gambling tools, ensuring that players can stay in control of their gameplay. The website is optimized for both desktop and mobile use, allowing players to enjoy the experience across devices. Withdrawals are processed within thirty minutes, offering players a fast and seamless transaction experience.
While EarnBet offers a comprehensive suite of games and caters to crypto enthusiasts, it lacks any innovative or unique features that differentiate it from other leading platforms.
While it is a solid choice for players looking to gamble with crypto, it may not stand out as the best option for those seeking a unique or particularly innovative gaming experience.
For gamblers looking for a solid, reliable platform with generous bonuses, EarnBet is a great option, but it doesn’t introduce any revolutionary elements to set it apart from other competitors in the market.
EarnBet Price History
EarnBet’s token (EBET) has had an interesting journey since it was launched. After its launch, the token initially saw a slow rise as the platform gained traction.
The real momentum began in 2023 and into early 2024, when EarnBet started attracting more users, driven by its crypto-focused gambling features. By mid-2024, EBET saw a surge in value, peaking at $0.00185, as the platform continued to gain popularity among crypto gamblers.
Following this all-time high, the token went through a correction phase, as seen on the provided chart, and is currently sitting around the $0.00125 mark. While this correction may have caused some concerns for investors, it is important to note that such fluctuations are common in both the crypto and gambling sectors.
As EarnBet continues to grow its user base and roll out more promotions, the token’s price could stabilize before making another attempt at breaking its previous resistance levels.
EarnBet Price Prediction
Q4 2024
EarnBet is currently in a consolidation phase after hitting its all-time high earlier this year. The token has shown signs of stabilizing around the $0.00125 mark, and given the current trend, it could be gearing up for another attempt to break through its resistance level of $0.00175.
If the platform continues to attract new users through its generous promotions, including its bonuses, the token may see renewed interest, potentially leading to a price increase.
However, the crypto market remains highly volatile, so investors should remain cautious. While EarnBet has solid fundamentals as a crypto casino platform, external market factors and overall crypto sentiment will play a key role in determining its performance for the rest of 2024.
2025
Looking ahead into 2025, EarnBet’s growth potential is largely dependent on its ability to continue expanding its user base and maintaining competitive offerings. With its EBET Token rewards system and ability to support multiple cryptocurrencies for gambling, the platform is well-positioned to capitalize on the growing interest in crypto casinos.
However, to see significant price appreciation, EarnBet will need to differentiate itself from the competition. If the platform introduces new games, expands its bonuses, or partners with popular brands that can bring in more players, it could reignite investor interest and potentially push the token to retest its all-time high.
In an optimistic scenario, the token could explore a market cap within the $50 million range, which would represent significant growth from its current levels. This, however, would depend on EarnBet’s ability to maintain user engagement and adapt to the evolving crypto casino landscape.
2030 and Beyond
Looking further ahead to 2030, EarnBet’s long-term success will depend on its ability to continue innovating in the highly competitive space. If the platform manages to integrate new features such as Layer 2 solutions for faster transactions, or NFT-based gaming rewards—or any feature that is innovative in nature—then it could solidify its position as one of the top platforms in the space.
Partnerships with major brands could also contribute to increasing its appeal to a broader audience. By 2030, if EarnBet manages to keep pace with competitors like Stake and BC.Game, the token could potentially reach a $100 million or $500 million market cap, placing it alongside other successful blockchain-based casinos.
However, for this to happen, EarnBet will need to maintain a steady flow of new users and consistently offer value through bonuses, promotions, and community incentives.
Best New Gambling Crypto Coin
While platforms like EarnBet provide traditional cryptocurrency gambling experiences, Memebet brings innovation to the table by offering something exciting—gambling with memecoins.
Unlike most platforms that only support stablecoins or major cryptocurrencies like BTC or ETH, Memebet allows players to wager using their favorite memecoins, a rare offering in the current crypto casino space.
This unique approach appeals to a wide audience of crypto enthusiasts who are passionate about memecoins such as Doge, Shiba Inu, and other trending tokens, providing them with an opportunity to gamble while staying true to their favorite meme-based currencies.
Other than its unique focus on memecoins, Memebet also introduces the MemeVault, a feature that allows players to earn rewards based on their betting activity. MemeVault gamifies the user experience further by allowing players to stash rewards and gain more tokens as they play, creating an engaging and rewarding ecosystem for long-term users.
This feature, combined with the platform’s ability to host wagers in memecoins, gives Memebet an edge over traditional crypto casinos, offering a fresh, fun, and innovative approach to decentralized gambling.
Leading crypto YouTubers like Cilinix Crypto have also commented on Memebet’s massive potential. In several analyses, Cilinix Crypto mentioned that the MEMEBET token could see exponential growth, with the possibility of achieving a 10x return upon its launch.
The project has garnered significant attention during its presale phase, raising over $380k at the time of writing, with predictions that the presale may sell out sooner than anticipated due to high demand. Investors who wish to purchase or be updated about the project can keep up with its developments via their social media channels on Twitter and Telegram.
