$MBET is the official meme token of Memebets.io, a decentralized peer-to-peer (P2P) price prediction game centered around the volatility of memecoins. Built for traders and speculators, Memebets allows users to place bets on the price movements of popular memecoins like $DOGE, $SHIB, and $PEPE, creating an on-chain, permissionless environment for high-risk, high-reward trading. As a meme token, $MBET thrives on community participation and market sentiment rather than traditional utility. Its deflationary model ensures that a portion of game fees is allocated to buying back and burning tokens, reducing overall supply over time. This mechanism is designed to create scarcity and incentivize long-term holding while maintaining liquidity for active trading. Since Memebets is fully decentralized, smart contracts handle all transactions, ensuring transparency and eliminating intermediaries. $MBET operates within this ecosystem as both a speculative asset and a mechanism to drive engagement, making it a core part of the Memebets platform. With the growing popularity of memecoins and speculative trading, $MBET represents a token designed specifically for the degen community that thrives on volatility, speculation, and meme culture.