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Cryptocurrency News Articles
BETU Crypto Price Prediction – 2024 and Beyond
Sep 19, 2024 at 10:50 pm
Even though the entire cryptocurrency market is experiencing volatility, certain gaming cryptos are trending sideways. These assets, including BETU
This article was paid for*
Despite the volatility in the entire cryptocurrency market, some gaming cryptos are showing sideways movements. These assets, like BETU, show no signs of budging from the straight lines they are forming on the price charts.
The native crypto of the BetU ecosystem, a crypto betting platform, BETU, hasn’t seen much action lately. Even the token’s recent performance has drawn flat horizontal lines on the price charts. Does it stand a chance to counter the volatility in the current market and move up, or should investors consider other investments with a higher chance of better gains?
BETU Price Drops By 1.21% on the Monthly Chart
While BetU has only shown sideways movements on the price charts, CoinMarketCap shows that its value has dropped by 1.21% since last month. Its market capitalization is barely touching $30k.
However, the BetU community sentiment chart is showing bullish for some reason.
Another thing to note is that the website linked on the BetU price tracking page on CoinMarketCap doesn’t work, and their X hasn’t posted for several months. One of their last tweets mentioned a BetU airdrop, it’s unclear if that materialised.
BetU Price History
BETU was listed on Gate.io in Q3 2021, and its performance was bullish. The gaming crypto rode on the bullish sentiment then and reached its all-time high of $0.3.
However, a series of steep corrections followed, ultimately dropping the BETU price to around $0.00022, around which it is currently trading.
That said, a closer look at the yearly BETU price chart shows a different trend. The token’s price fluctuated at different times over the last year.
In October 2023, it reached $0.001 before dropping the same day. Similar spikes emerged on the graph in March, July, and September of 2024. However, these spikes pumped the BetU price to the $0.008 level each time.
This shows two things; the price action is highly volatile, and the surges might be linked to specific events that BetU has organized.
BetU Price Prediction – 2024 and Beyond
BetU’s performance has been bearish after it peaked in the fourth quarter of 2023. The spikes that have emerged this year may be tied to specific events. On that note, here is the key info on the BETU price action for this year and beyond.
2024
There have been no major developments within BetU’s ecosystem that give us an optimistic view of the token’s future price action. Moreover, any surges that this cryptocurrency project has experienced this year have been spikes. The last one in July was probably due to the airdrop that is said to have been launched on April 15th.
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At best, another spike will likely push the token around the $0.008 level again.
2025
BetU’s performance next year will depend on how the community continues to perceive it this year. While multiple tweets have been coming out of its social media channels, none of them have gained much traction. However, Bitcoin’s bullish price action may impact its value, allowing it to experience growth that may not be just a spike. If the BETU price action follows the same motions it did in 2021, it may attempt to retest its all-time high.
Why Memebet Token Is a Good Asset to Invest in This Year
Since BetU’s price action has been stable, it will not likely show parabolic price action soon. Moreover, the market is volatile. Hence, investors should look for other assets to park funds into for early adopter gains.
One such product that has been gaining traction is the Memebet Token. An ERC-20 crypto designed to facilitate a Telegram casino that only accepts meme coins as deposits, the Memebet Token has high potential.
The project has been designed to amplify the gains that could be made by betting on the volatile games on the Memebet Casino. The Memebet Casino will feature a wide array of games, both old and new. The $MEMEBET token can also be used to access gamified airdrops.
The project’s rising popularity on Twitter and Telegram has gotten the attention of YouTubers like ClayBro, who have covered how this “tiny” meme coin offers a chance for massive gains.
These factors make Memebet Token a good investment this year. Investors can visit memebettoken.com to find the full roadmap and whitepaper.
*Cryptonomist did not write
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