Bitdealer Token Sale on KuCoin

Bitdealer ($BIT) has emerged as a standout project with its ongoing token sale on KuCoin Spotlight. The platform, which positions itself as an asset-backed meme launchpad on Solana, aims to infuse lasting value into meme tokens by collateralizing them with tangible iGaming assets. This approach addresses a common pain point in the meme coin space: the lack of underlying utility that often leads to rapid dumps post-launch.

The sale, which kicked off on November 24, 2025, and is slated to wrap up today, November 28, at 04:00 UTC, has already shattered expectations. Targeting a hard cap of $600,000 USDT at a token price of $0.035, the event achieved an astonishing oversubscription rate of over 3,002%, with total pledges reportedly exceeding $38.7 million from more than 6,484 participants.This frenzy mirrors patterns seen in prior launches on platforms like Kaito and ChainGPT Pad, where Bitdealer's strategic and private rounds sold out rapidly.

Bitdealer's core innovation lies in its fusion of memes with revenue-generating iGaming elements. Built on Solana for speed and low fees, the platform allows users to launch memes backed by real game assets, such as those from over 1,700 licensed casino platforms. Integrations with DeFi heavyweights like Jupiter Exchange, Meteora, and Axiom enable seamless liquidity and trading, while partnerships with entities like Stake further bolster its ecosystem.The project's tokenomics emphasize transparency and retail-friendliness: a total supply of 1,000,000,000 $BIT, with allocations including 1.715% for the public sale (100% unlocked at TGE), 20% for liquidity, and significant portions vested over months for ecosystem development, team, and rewards.

Participation in the KuCoin sale requires KYC verification and acceptance of the token sale agreement, with restrictions in certain jurisdictions like the US, China, and Canada. Users can subscribe using USDT or KCS (KuCoin's native token), the latter offering up to a 10% discount. Individual caps are set at 280,000 $BIT per user, and allocations are distributed proportionally based on commitments - ensuring even small participants get a slice amid the oversubscription.Notably, the sale includes a user-protection mechanism: if the $BIT price dips below the subscription level and holds there for 48 hours within the first week post-launch, KuCoin will facilitate a buyback.Additionally, a 7-day refund window post-TGE allows opting out without fees if the price underperforms, a feature borrowed from its earlier Kaito raise.

Token distribution is scheduled for today between 04:00 and 05:00 UTC (around 06:00 Kyiv time), with trading going live on KuCoin at 12:00 UTC for the BIT/USDT pair. Immediate listings on Jupiter and support from bots like Bonkbot and Photon are expected to provide instant liquidity.The project's fully diluted valuation (FDV) at launch sits at $35 million, a step down from its seed round's $70 million FDV, signaling confidence in organic growth driven by iGaming revenue streams.