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Even though the entire cryptocurrency market is experiencing volatility, certain gaming cryptos are trending sideways. These assets, including BETU, show no signs of budging from the straight lines they are painting on the price charts.
The native crypto of the BetU ecosystem, a crypto betting platform, BETU, hasn’t shown much action lately. Even the token’s recent performance has drawn flat horizontal lines on the price charts. Does it have a chance to weather the current market’s volatility and move up, or should investors look at other investments with a higher chance of better gains?
BETU Price Drops By 1.21% on the Monthly Chart
Although BetU has only painted horizontal lines 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, for some reason, the BetU community sentiment chart is bullish.
Another thing to note is 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 leveraged 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 BETU yearly 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 indicates two aspects. First, the price action is very volatile, and second, the surges might be associated with 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. With that in mind, here is the key information about the BETU price action for this year and beyond.
2024
There has been no significant development within BetU’s ecosystem that gives us an optimistic view of the token’s future price action. Furthermore, any surges that this cryptocurrency project has experienced this year have been spikes. The last one in July was likely due to the response to the airdrop that is claimed to have been launched on April 15th.
Exciting news! $BETU token airdrop launching April 15th – don't miss your chance for HUGE gains! Limited spots available. Join now before it's too late! 
#BETU #CryptoNews #FreeTokens . pic.twitter.com/GHO105f34c
— BETU (@betuglobal) July 12, 2024
At best, another spike will likely happen, pushing 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. Even though multiple tweets have come out of its social media channels, none of them have received much traction. However, Bitcoin’s bullish price action may impact its value, allowing it to experience growth that may not be only a spike. If the BETU price action goes through the same motions it did in 2021, it may try to retest its all-time high.
Why is Memebet Token a Good Asset to Invest in This Year?
BetU’s price action has been stable, so it will not likely show a parabolic price action soon. Furthermore, the market is volatile. Therefore, investors should look for additional assets to park funds into to make gains as early adopters.
One such product that has been gaining traction is the Memebet Token. An ERC-20 crypto designed to support a Telegram casino that only accepts meme coins as deposits, the Memebet Token has high potential.
The project has been designed to leverage the volatility of the crypto market to enhance the gains that could be made by betting on volatile games on the Memebet Casino.
The Memebet Casino will be home to a wide array of games, including old and new titles. The $MEMEBET token can also be used to access gamified airdrops.
The project’s rising popularity on Twitter and Telegram has allowed it to gain the attention of YouTubers like ClayBro, who have described how this “tiny” meme coin offers the chance for amazing gains.
These factors make Memebet Token potentially a good investment this year. Investors can visit memebettoken.com to find the full roadmap and whitepaper.
*Cryptonomist did not write the article or test the platform.