Crypto presales allow investors to purchase cryptocurrencies at a hugely discounted price, but it can be tricky to find a project worth investing in and strike a balance between high risk and high reward.
In this guide, we explore some of the best crypto presales to invest in of 2023 based on current trends and their performance so far, reviewing the top upcoming crypto projects and explaining how investors can select new digital assets for their portfolio.
Below is an outline of the high-potential crypto presales we'll be reviewing:
- Wall Street Memes - New meme crypto presale launched May 26, 2023, which has since raised over $25 million, has staking rewards, and is set to launch at the end of September. Analysts have highlighted the project's well-established community of around a million social media followers and previous success with NFTs.
- Bitcoin BSC - Lower cost and more efficient than the BTC PoW blockchain, this exciting presale project combines BTC tokenomics with the BNB Smart Chain, alongside staking rewards and a $0.99 price entry throughout the sale - more than $1 million raised in a week.
- Launchpad XYZ - Innovative crypto presale project designed to streamline the transition to Web3 technologies and dApps, as well as act as a gateway portal for users. Around $1.6 million has been raised in the presale.
- yPredict - AI-powered trading platform trading platform to earn passive income, and access a P2E and L2E ecosystem. Over $3.8 million has been raised in its presale.
- Chimpzee - Earn crypto income gaming and trading NFTs, while fighting climate change and saving wildlife. Raised more than $1.3m since April 2023 launch.
- eTukTuk - New cryptocurrency platform setting EV charging stations by incorporating blockchain technology. With $TUK, drivers can pay at EV stations, and token holders can earn staking benefits. Presale has just launched with $50k.
- Scorpion Casino - The number one social online gambling platform that provides rewards to users as they hold the native token - $1 million raised in the presale.
- Pikamoon - Upcoming play-to-earn crypto game with a Pokémon feel and metaverse building on the roadmap. New in April 2023 with almost $4 million now raised.
- Anarchy Coin - A DAO-based meme coin creating a community-driven financial reform against inflation. Offers a deflationary token model alongside a 0.5% burn on every transaction - $5 million raised in the presale.
- Rizzmonkey - A new meme-based token presale, $RZZMNKY is looking to raise a hard cap of $2.17 million through the ongoing presale. $RZZMNKY is priced at $0.000005367 during the second presale round and has raised $100k.
- The X Protocol - Cross chain no code protocol using ZK rollups to allow for easy Web3 business creation.
- EyesFi - Web3 social platform that prioritizes authenticity and offers blockchain-based user interaction for value creation.
- LayerZero - Platform offering cross-chain interactions by removing barriers between blockchains. It offers enhanced security and creates more user opportunities.
Crypto presales offer investors an opportunity to get in on a promising new project before it is launched to the general public.
That said, before risking money on a new cryptocurrency, investors should take extra care to educate themselves about the project and its scope. The following are in-depth reviews of our picks for the best cryptocurrency presales to watch:
The best entry point to get involved in a crypto presale is the earliest presale stage - as many tend to have several price rounds that rise over time to provide a discount to the first buyers taking on the most risk.
Combine that with a project team with a history of success, and a presale should have high upside potential - Wall Street Memes (WSM) meets both these criteria. Launched in late May, its initial presale round is now underway at wallstmemes.com, with more than $25 million raised - the presale is set to close in less than a month with the token to launch on tier-one exchanges by the end of September.
This project is making its first foray into token presales but is no stranger to NFT presales - holding many successful whitelisted mints in the past, including its Ethereum-based Wall St Bulls collection on OpenSea and a recent Bitcoin NFTs mint.
The success of those NFT projects since the last crypto bull run have helped it build up a strong community of over a million followers, including investors and traders.
That was despite little news coverage - currently, Wall Street Memes has been featured on CryptoNews, Bitcoinist, and a few YouTube channels, a testament to its own wide following on its Twitter @wallstmemes.
An ERC-20 token with a 2 billion total supply, half the WSM tokens are allocated to the presale and the remainder to community rewards and exchange liquidity - making it a 100% community-focused token.
The project will also offer staking services, with buyers able to earn passive rewards and an annualized percentage yield (APY) for locking their tokens in the staking pool. The current estimated APY is 65%.
Wall Street Memes is aiming to inspire a similar movement within crypto as the viral 'meme stock' phenomenon of 2021 - the AMC and GameStop short squeeze. It may be well-timed as new low market cap meme coins have been the best-performing assets of 2023, producing a higher return on investment (ROI) than Bitcoin or Ethereum.
Even with BTC and ETH rising over 100% since their 2022 lows, assets like Pepe, Wojak and others in the meme niche have risen by exponentially higher percentages. If $WSM can replicate a similar performance, its current presale round would offer the lowest entry point.
Find the links to the various $WSM social media channels and Discord server on its Linktree page.
2. Bitcoin BSC - Eco-Friendly Bitcoin On the BNB Smart Chain Priced At Just $0.99, Could Be Best Performing Presale of 2023
Bitcoin BSC ($BTCBSC) is a recently launched presale and could be one of the best we see this year and has already raised $1 million in less than a week.
This is because it combines so many appealing features into a single ecosystem. The project aims to emulate the Bitcoin tokenomics as they were in 2011. Due to this, there is a total of 21 million $BTCBSC tokens, with 6,125 million available in the presale, at a price of just $0.99.
The idea of being able to purchase Bitcoin for less than $1 could be very enticing to those who lament missing out (though it should be understood that this project has no connection and runs on a different blockchain).
The rewards schedule also reflects the Bitcoin blockchain, being generated at 10-minute intervals. But here is where the similarities end, with the Bitcoin token being upgraded and placed on a much more powerful and sophisticated BNB Smart Chain.
This blockchain allows for vastly increased processing, reduced fees, less pollution, increased security, smart contract functionality, and, of course, staking rewards.
There is a 7-day lock period on withdrawals and gas fees are far lower on this enhanced blockchain. The token release schedule is set over an extensive 120-year period. This is a very long time frame and most projects fixate on short term rewards.
In terms of the token allocation, about 29% is set for the presale with 69% for staking. Another 2% will be allocated for DEX liquidity. The project founders do not seem to have allocated any of the tokens to themselves, which is a positive sign, and stage 2 of the roadmap indicates a smart contract audit to bolster its legitimacy.
To take part in the presale a Web3 wallet is necessary to connect to the page and make the transaction, paid in either ETH, USDT, BNB, or Credit Card. The minimum purchase is $10. Prior to investment, be sure to read the whitepaper. You might also want to consider joining the Twitter and Telegram pages.
|Presale Started||September 5 2023|
|Purchase Methods||ETH, USDT, BNB, Credit Card|
|Chain||BNB Smart Chain|
Those looking for a crypto presale focused solely on aiding in the growth of Web3 technologies may wish to consider Launchpad XYZ. Launchpad XYZ is one of the newest entries on our list, yet it has already attracted significant attention from the investment community due to its all-encompassing ecosystem.
This ecosystem, built on the Ethereum blockchain, contains a whole host of valuable features designed to streamline operating in a Web3 environment. Since all these features are available in one platform rather than several platforms, the user experience is much more straightforward – ideal for market newcomers.
Per the Launchpad XYZ whitepaper, some of the project's key features include a custom-built trading terminal, a Web3-compatible crypto wallet, an NFT decentralized exchange (DEX), and a metaverse experience library.
Launchpad XYZ will also have a "fractionalized assets" marketplace where investors can buy pieces of physical assets, such as cars and real estate.
One of its key features will be the alpha Telegram group that offers buying and selling signals, with a recent call on LINQ returning 7,000% gains to members.
To fully utilize Launchpad XYZ's features, users must own and stake LPX tokens – Launchpad XYZ's native ERC-20 token. By staking a minimum monthly average of 10,000 LPX, users will receive perks like guaranteed access to crypto presales, discounts on marketplace fees, and "community prestige badges."
Investors can now buy LPX tokens through the Launchpad XYZ presale, which began on April 25. However, investors must be aware that presale cryptocurrencies are considered riskier than their exchange-listed counterparts since they don't yet have a verifiable track record. The good news is that this can sometimes go in their favor – as with the ultra-successful Tamadoge project.
Interested investors can buy Launchpad XYZ tokens during Stage 2 of the presale for $0.0445 - the lowest price they will ever be offered - with more than $1.6 million raised. Only 25 million tokens are allocated to each stage, meaning once they’ve been snapped up, the token price will increase.
Those looking to learn more about Launchpad XYZ can join the official Telegram channel.
|Presale Started||April 25, 2023|
|Purchase Methods||ETH, USDT, Credit Card|
|Min Investment||100 LPX|
The yPredict ecosystem gives members access to trading and prediction models in the cryptocurrency space. By purchasing subscriptions with $YPRED, the native token, one can access AI models that AI developers, financial quants, and crypto experts have developed.
The $YPRED token is available to purchase on presale right now. From a maximum supply of 100 million tokens, 80 million have been allocated across the presale. Currently on stage five of a six-round presale, $YPRED is priced at only $0.10 per token and has raised over $3.8 million.
By the final round, the price will hike by 20% to $0.12 per token. After the presale ends, yPredict will look to list the token on cryptocurrency exchanges.
With the project racing through its presale, investors may want to invest before the price rises. But why should you invest in the $YPRED token?
Firstly, users can purchase subscriptions on the ecosystem. The subscriptions give detailed insights on cryptocurrencies by conducting sentiment analysis - a field of AI that automatically examines and analyzes a piece of text to make future predictions.
The platform will also offer technical analysis on various cryptos and use over 25 charting patterns for users to leverage.
The tokens can also be accessed to participate in a Learn 2 Earn feature, where members can access educational content, give tests and quizzes, and earn more tokens. yPredict’s whitepaper states that the ecosystem will also consist of a Play-to-Earn feature, where one can predict future outcomes and prices of certain tokens.
The top performers can win cryptocurrencies as a reward. Through a staking pool, yPredict AI also distributes passive income to existing token holders. Whenever new subscriptions are made, 10% of the revenue is distributed to the token holders.
yPredict also recently announced it will not only be offering AI-powered trading tools but is developing a content editor that will help medium and large media businesses.
To stay updated with all the presale developments, join the yPredict telegram channel.
|Presale Started||Q1 2023|
|Purchase Methods||MATIC, ETH, USDT, BNB, Credit Card|
|Min Investment||200 YPRED|
There are several crypto projects that are working on novel financial solutions, but frankly, there aren’t enough working environmental and social solutions. We are seeing the beginnings of a new trend, and there are a handful of up-and-coming projects that are pioneering this trend.
One of those is Chimpzee, a project focused on saving the planet and the animals on it. Chimpzee lets users earn passive income while contributing towards environmental causes. It offers several features to support this cause, including Play-to-Earn, Shop-to-Earn, and Trade-to-Earn features.
These take the form of a Chimpzee shop, the NFT marketplace, and the Zero Tolerance Game. The team is also earmarking 10% of the token supply, and a certain amount of the profits have been dedicated to organizations working on these causes.
There will also be a Chimpzee NFT passport, and holding this gives users the opportunity to earn the most passive income. It allows them to gain more CHMPZ tokens in their interactions with various elements of the ecosystem.
The project offers a custom Chimpzee AI Avatar generator mobile app that lets users build a personalized chimpanzee avatar that will be developed by AI.
A personalized Chimpzee NFT passport comes at the cost of the Diamond NFT Passport. Speaking of which, we should explain the Chimpzee presale, which lets them buy these special passports.
Users will also get the opportunity to buy the Chimpzee Diamond NFT passport, which offers the best rewards. There is a limited supply of these, and those who do not purchase them during the presale will have to buy them at a higher price later.
They will also have to wait until after a whitelist NFT passport prelaunch, which is limited to presale investors. Only participants in the first round will have access to the Chimpzee Diamond NFT passport.
All in all, Chimpzee - which has now raised more than $1.3 million in its presale - looks like it could make a tremendous difference in the niche of environmental projects.
It’s a project that everyone should keep an eye on, and the benefits of entering the presale early are hard to resist.
|Stage||Price||Number of Tokens||Benefits|
|1||$0.0005||15 billion tokens|
NFT Diamond 1,000,000 CHMPZ
NFT Staking 20% APY
|2||$0.0007||12 billion tokens|
NFT Gold 750,000 CHMPZ
NFT Staking 18% APY
|3||$0.00095||8 billion tokens|
NFT Silver 500,000 CHMPZ
NFT Staking 15% APY
|4||$0.0011||5 billion tokens|
NFT Bronze 300,000 CHMPZ
NFT Staking 10% APY
eTukTuk (TUK) is creating a network of charging stations, which will help TukTuk drivers from developing nations access electric vehicles (EVs) at reduced costs.
The eco-friendly project wants to help drivers make the switch away from combustion engines by incentivizing and rewarding them.
Built on the Binance Smart Chain, eTukTuk incorporates proof-of-stake mechanisms, which lets $TUK token holders earn passive income by staking and maintaining the ecosystem. The platform will set up electric vehicle supply equipment (EVSEs) in urban and rural areas of various developing economies.
These EVSEs will be compatible with zero-emission vehicles (ZEVs) and other EV devices. The EVSEs will be set up locally in different territories, with each territory having a territory partner that helps in operating and installing the stations. By using local help, eTukTuk is helping TukTuk drivers save up to 400% in wages.
The platform will set up a driver app through which TukTuk drivers can charge their EVs at the outlets. The payments will be made with $TUK, the native cryptocurrency - territory partners will earn rewards in $TUK for each transaction taking place at the different charging stations.
Even staked token holders will earn passive income from the total funds generated from the charging stations. eTukTuk will also offer inflationary rewards over 15 years, which will be released from a staking pool.
The presale has only just launched and from a 2 billion token supply, 12.5% will be allocated for the presale rounds. Around $50k has been raised at the time of writing.
Scorpion Casino is one of the best presale projects for 2023, as it allows users to earn up to $10,000 in daily passive staking income.
The project is on a mission to build the number one social online gambling platform where users can earn a daily yield based on the casino’s performance.
The casino provides a seamless and fun gaming experience that includes all major casino games. The casino hosts over 210 games, with 160 live games, that include slots, blackjack, roulette, and poker. In addition, the games are highly interactive as the casino is connected with all significant gaming providers, like Evolution and NetEnt.
Additionally, Scorpion Casino also hosts a sports betting section, allowing users to bet on the outcome of their favorite sports. All the major sports leagues are integrated into the sports betting section across popular sports such as football, basketball, tennis, horse racing, boxing, golf, and MMA.
The casino is fully regulated and licensed by the Curacao EGaming licensing entity, making the casino fully transparent and provably fair for users.
SCORP is the native token behind the platform and is the exclusive payment method for the ecosystem. SCORP will be the default currency for betting across all gambling products on the platform. Additionally, holders of SCORP can receive a passive income through the 2% re-distribution tax levied on every transaction. As a result, SCORP holders will see their token balances increase as the casino grows in popularity.
The SCORP token is also deflationary due to the 1% burn tax on each transaction. As a result, the token's total supply will decrease over time, making the remaining tokens more scarce.
The project is currently hosting a presale for the SCORP token. Those that purchase more than $1,000 in the presale are automatically enrolled in the Elite Scoprion Members Club, which provides exclusive benefits, such as VIP services, cashback on the casino, extra staking rewards, and extra SCORP tokens.
Lastly, those that use the exclusive bonus code Scoprion20 can get an extra 20% tokens on their investment in the presale - $1 million has been raised since launch.
|Presale Supply||200,000,000 SCORP|
|Payment Method||ETH, USD, BNB|
The next cryptocurrency presale to invest in is $PIKA - the native cryptocurrency of Pikamoon. This play-to-earn (P2E) ecosystem offers a virtual environment, NFT characters, and an online marketplace.
Almost $4 million has now been raised with the presale in phase 3 - its final stage - at the time of writing.
With $PIKA’s recent presale launch, interested investors can buy the token for just $0.002 during the first round. From a total supply of 50 billion, Pikamoon has allocated 15 billion tokens across three presale rounds. The price will eventually rise by 200% to $0.006 ahead of the exchange listing.
Tokens can be used on Pikamoons’s marketplace to purchase Pikamoon NFTs, which will be your in-game characters. Each NFT offers different stats and belongs to four distinct regions in the virtual world of Dreva. The regions include the Water Kingdom, Earth Regions, Flame Empire, and the Thunder Collective.
The gameplay will feature combats and exploration. Your Pikamoon NFTs can fight other NFTs and stand a better chance to win battles by purchasing upgrades such as boosts and health potions from the marketplace.
For those looking to enjoy the game without holding tokens, Pikamoon will offer an offline mode. The online mode allows you to enter Player v Player battles and online tournaments. In the long run, $PIKA can become a good token since 5% of all coins spent on the marketplace will be burnt.
Furthermore, there is a 2.5% transaction tax on transfers and sell orders, which will only affect those looking to sell their holdings. If you want to learn more about the project and the presale, read the Pikamoon whitepaper.
|Presale Started||16 April 2023|
|Purchase Methods||ETH, USDT|
9. Anarchy Coin - Meme Crypto Offering a DAO Model With a 0.5% Token Burn on Transactions, Empowering People To Fight Inflation
Anarchy Coin ($ANA) is an upcoming crypto presale that empowers individuals to fight against prevalent financial issues such as inflation and corruption.
Unlike many meme cryptos, $ANA's purpose extends beyond humor. It serves as a platform for people to protest against systemic economic defects.
The project, based on Ethereum’s blockchain, combines the appeal of memes with a robust DeFi model. Anarchy Coin's mission is to create a community to combat challenging traditional financial systems while generating profits.
$ANA sets itself apart from other meme coins, such as Dogecoin, by offering a platform for its community to voice dissatisfaction while allowing them to make decisions. At the time of writing, buyers can get the $ANA tokens for a presale rate of $0.00021 USDT.
A standout feature of Anarchy Coin is the Anarchy Decentralized Autonomous Organization (DAO). This community-centric model allows members to propose and vote on the allocation of DAO treasury funds.
The DAO promotes a sense of ownership and active participation from the community. This governance structure of the Anarchy DAO, centered on transparency, gives $ANA a competitive edge in the meme coin landscape.
The DAO's focus is primarily on philanthropy and investment. Moreover, implementing multi-signature solutions through Gnosis Safe guarantees the transparent distribution of funds. Token holders are not just investors; they are active participants in the DAO, contributing to the day-to-day treasury management.
Around $5 million has been raised in the presale so far. You can follow the Anarchy Coin Twitter handle to keep up with the latest updates.
Also, $ANA utilizes a deflationary model, applying a burning mechanism that reduces the circulating token supply. This strategy creates a natural scarcity, leading to an increase in value with time. Every transaction results in a 0.5% burn, shrinking the total supply and propelling their value upwards.
Anarchy Coin symbolizes the collective strength of a community united for a cause. It empowers holders to voice their concerns about current system flaws and join a movement for change.
Interested users can enter the Anarchy Coin Telegram channel to stay informed on the most recent updates.
|Presale Started||Q2 2023|
|Purchase Methods||ETH, USDT, BNB, Credit Card|
The next cryptocurrency on our list is Rizzmonkey (RZZMNKY), a new meme cryptocurrency looking to garner huge momentum once the exchange listing takes place.
This meme cryptocurrency is currently on stage two of a three-round presale, priced at an affordable $0.000005367 per token.
Rizzmonkey has a total supply of 696 billion tokens. 55% of the total supply (382.8 billion tokens) has been allocated for the three presale rounds.
While the first two rounds will allocate 18% each of the token supply, 19% will be allocated for the third and final round.
According to the Rizz Monkey whitepaper, the token will conduct its initial exchange offering (IEO) in Q3 2023 after the presale concludes.
Through the presale, Rizzmonkey is aiming to raise more than $2.17 million. Currently, the project has already collected more than $100k.
10% of the token supply will be allocated to maintain CEX (Centralized Exchange) liquidity and for the exchange listing. 20% of the token supply will be offered to the development team. Since viral marketing and social media-based popularity are vital for meme coins, 5% of the supply will be used for marketing purposes.
Join the Rizzmonkey Telegram channel to keep yourselves updated with all the presale developments.
11. The X Protocol - Next-Generation Web3 Protocol Offering Seamless, Interoperable, Zero-Knowledge, Cross Chain, No-Code Solutions for Businesses
The X Protocol ($TXP) is an infrastructure combining AI and Web3. Those wishing to start a new business in Web3 can leverage the X Protocol to create a project within a user friendly environment, without needing any coding skills. It also allows existing Web2 businesses to migrate to Web3, reducing technical challenges and streamlining workflows.
It’s designed as a plug and play interface that entrepreneurs can use to get an immediate start in Web3, capitalizing on three major trends - AI, blockchain, and no code development. It utilizes ZK-Rollups for affordable and efficient transactions. The X Protocol is cross chain compatible, available on Binance, Arbitrum, Cronos, Avalanche, Polygon, Ethereum, Solana, and more.
It uses an “X” chain as a next generation layer 2 solution that works not just across chains but across industries. Gaming, eCommerce, tourism, and NFTs, are some of the industries listed on its website, though it has universal application.
It is a sophisticated protocol that also allows for smart contract creation, user loyalty programs, asset management, and a gaming P2E wizard.
There are other reasons why it's one of the best crypto presales for 2023. It’s partnered with AWS, Binance, Coinmarketcap, MetaMask, Yahoo, and others. The team is publicly viewable on LinkedIn. Targeted listing partners include Binance, Bitfinex, Kucoin, and Crypto.com. Currently in phase 2 of its roadmap, it’s undergoing a smart contract audit.
To take part in the presale, users will first have to create an account. Presently in round 7, the price is $0.038, but it will rise to $0.053 in round 8.
EyesFi, an upcoming crypto presale, seeks to intertwine Game-Fi and Social-Fi elements. It acknowledges that the financial world is transitioning from centralized Web2 to a decentralized, verifiable system where Bitcoin and Ethereum play critical roles.
The project steps up to this challenge by creating a social platform where all user interactions and information are rooted in the Ethereum Metaverse, authenticated and trackable, thanks to blockchain.
Moreover, EyesFi introduces the concept of Utility-NFTs through "GlassE," which provides users with a new way to interact with NFTs. Activities like curation and 'liking' are rewarded with EYE tokens, usable on the platform or exchangeable for USDC.
EyesFi places high value on NFTs as symbols of humanity's spiritual wealth, encouraging individual self-expression and impact. With user engagement, it aims to create a complete value evaluation system, enabling the creation of meaningful content and enhancing the entire Web3 ecosystem.
LayerZero is a transformative platform in the blockchain space that acts as a facilitator, enabling seamless interaction between diverse blockchain networks.
It functions like a universal translator, ensuring error-free communication across various networks. Today's blockchain ecosystem is isolated, each functioning independently, with its rules and protocols.
LayerZero aims to dissolve this isolation, creating a nexus that links these independent networks while maintaining the core principles of trust and security intrinsic to the blockchain.
It broadens the horizon for blockchain users by creating exciting possibilities such as cross-chain asset swaps and consolidation of resources across networks, eliminating the need for intermediaries.
The introduction of LayerZero can bring a radical shift in user experience by creating a cohesive, interconnected blockchain ecosystem that boosts efficiency.
LayerZero, with its innovative approach, has the potential to reshape the current blockchain landscape, simplifying cross-chain interactions and enhancing user accessibility to blockchain applications.
Crypto presales, often referred to as ICOs (initial coin offerings), are usually the first time retail investors can buy tokens, also allowing them to secure digital assets before the token is listed on crypto exchanges.
A limited number of investors can purchase the token before it is offered to the wider public and during a presale, crypto tokens are likely to be sold at a highly discounted price - often via the platform's website.
This is done not only to raise funds for development but to increase hype and interest around a newly launched project.
Once the token is listed on an exchange, its price might go up. The investor can choose to sell the coin immediately for a profit, or they can continue holding the token and hope that the price continues to climb higher.
Ultimately, the strategy will depend on the project and the risk appetite of the investor. In addition to this, some projects reward early investors with premium memberships, additional tokens, and access to exclusive features.
Crypto presales can be private or public event, depending on the project. Some upcoming platforms require interested investors to register in advance to gain access to a crypto presale.
On the other hand, there are also crypto presales that are accessible to the general public.
Cryptocurrencies no longer struggle in the backwaters of finance. Some of the best crypto winter tokens have shown resilience amidst the current market volatility.
But with the majority of investors sharing a bearish sentiment, many people are looking for the best cryptos to buy during the bear market.
Today, digital assets have become part of the mainstream markets, and as such, there are many new digital tokens being launched every month.
From an investment perspective, this means more opportunities. However, at the same time, it is crucial to know how to evaluate new crypto projects to determine whether the token is worth buying or not.
Here are some factors that can help investors identify the best crypto presales in 2023:
The first thing to consider is where to look in order to find the upcoming cryptocurrency presales.
While guides like ours can help, investors should also expand their research to other platforms to learn more about new digital tokens.
- Crypto aggregators such as CoinMarketCap and CoinGecko
- Dedicated crypto presale sites like CoinSniper, Pinksale, ICO Drops
- Social media websites like Twitter and Facebook
- Online forums such as Reddit and Quora
Since crypto presales happen before ICO and IDO listings, investors might not be able to find them via exchanges.
Nevertheless, it would be a good idea to monitor crypto-related platforms in order to see what new digital tokens are coming online.
The absence of quantifiable data makes it challenging to determine if a new crypto project is worth investing in or not. After all, there are plenty of crypto scams out there.
This is why research plays a crucial role in every investment decision. After creating a shortlist of the best crypto presales to invest in, it would be wise to do an analysis of what the project is about.
Start by reading the whitepaper of the project, which reveals information such as the platform's objectives, strategies, and plans for the future.
On top of this, it would also be wise to take a look at the roadmap and see when the project aims to execute the different milestones.
If a certain crypto project does not have a whitepaper or a roadmap, this is a red flag that investors should not want to overlook.
That being said, not every project with a whitepaper represents a good choice. Instead, investors should consider what the unique value proposition of the project is and why it would make a compelling opportunity.
The team behind a crypto project is one of the important aspects that will determine its longevity.
In a nutshell, the best projects have experienced team members who are knowledgeable about the respective industry.
For instance, for play-to-earn projects, it would make sense that the team members are familiar with blockchain technology as well as GameFi concepts.
Meme coins are often founded by anonymous developers, so it is even more important investors look at other parts of the project to ensure they are legitimate - such as the smart token audit, utility and tokenomics.
A project’s tokenomics informs investors about the total token supply, and how much of the supply is distributed for exchange listings, the presale, project team, etc.
When searching for the best crypto presales, the tokenomics of the project should also be paid attention to.
While many crypto presales start with a hard cap of billions of tokens, the majority of projects burn coins after the project launches.
This 'deflationary' system can reduce the supply, thus driving up the token's value - in theory at least.
Ultimately, investors should try to learn everything they can about a new crypto project before risking any money.
Today, social media platforms and online forums have the power to make or break a cryptocurrency.
The case of Dogecoin is a perfect example of this. The price of this token was boosted by Elon Musk's tweets alongside discussions on subreddits.
Given this, social media can easily be considered a valuable source that can help investors spot the next cryptocurrency to explore.
However, investors should not blindly follow such forums. Therefore, it is essential to do background research in order to understand the viability of the project.
Furthermore, social media follower numbers can easily be manipulated - whether through buying large accounts or using spam bots - so tracking things like post engagement is also important.
It is vitally important that investors keep up with the latest trends and the news cycle as that can lead to huge returns in the market.
Crypto, like any other asset class, goes through cycles of interest and in the early years it was the capability of blockchains, then DeFi products, then layer 2s. During the last bull run Web3 gaming, metaverse and NFT-related projects made huge gains.
So far in 2023, artificial intelligence has been dominating the news cycle and AI-related coins have been among the top gainers and another emerging trend could see the most hype in the next bull run.
We've also reviewed the best AI crypto trading bots for those who want to automate their trading and run it 24/7.
As with any other investment, crypto presales come with benefits as well as risks.
Below, we have outlined a few reasons why investors might want to consider investing in the best crypto presales of this year.
Since presales are conducted ahead of the ICO, tokens will be sold at a discounted price.
This places early investors at an instant advantage - as they will be able to purchase coins at a lower price and potentially sell them for a profit once the token is listed on an exchange.
And in case the project grows, the token's value might appreciate more. On top of this, due to the low price on offer - the investor will also have the option of purchasing a larger stock of coins at launch.
It is also becoming common for crypto projects to reward early investors with passive income.
This can come in many forms. For instance, it has become common for crypto projects to offer status rewards to investors - which distributes tax collected via transactions.
For instance, holders of Avoteo tokens will be offered 3% of every transaction on the platform. Similarly, many crypto projects also have a built-in staking feature that allows investors to earn additional income by simply locking in their tokens.
So, when trying to identify the best crypto presale to invest in, it might be worth it to check out the additional perks offered by the project and the scope to generate passive income.
Another advantage is that investors can get in on the ground level of a unique idea before it becomes mainstream.
For instance, when Dogecoin was launched, the concept of meme coins was still nascent. However, early investors were rewarded with significant gains several years down the line.
Investing in a crypto project during its presale stage allows investors to become a part of the core community.
It gives them the opportunity to engage with like-minded individuals and foster a strong community.
While searching for the best crypto presale to invest in, it is imperative to consider the risks involved. If the chosen project fails, investors might find themselves owning worthless tokens.
In addition to this, depending on wider market conditions, the value of the coins might decline rapidly after the ICO presale.
This means that investors might not be able to make any profit from their investment.
This is a risk that investors must consider when they are looking to reap the benefits of a crypto presale.
As we mentioned earlier in the guide, it is no easy feat to identify the best cryptocurrency sales. Although extensive lists of new presale coins are available on various websites, it takes time and research to weed out the very best.
However, occasionally, some projects emerge to create a buzz in the market. Projects usually run presales on native websites before going listing on bigger exchanges, where they attract more awareness and liquidity.
As an example, we outline below how to buy Wall Street Memes (WSM) tokens:
- Create MetaMask Wallet - To take part in the presale a non-custodial wallet is required. Both MetaMask and Trust Wallet are trustworthy providers.
- Buy ETH, BNB or USDT - $WSM tokens can be purchased using ETH, BNB or USDT. These assets can be acquired from an exchange or directly via MetaMask. It's important to keep gas fees in mind during this process and some ETH will be needed.
- Connect Wallet - Visit wallstmemes.com and link the wallet using the 'Connect Wallet' button.
- Purchase $WSM Tokens - Next, select the relevant 'Buy Now' option, decide how many tokens to purchase then and confirm the transaction.
- Claim $WSM Tokens - When the presale is concluded, the purchased $WSM tokens will be claimable from the website, by connecting the same crypto wallet.
Presales provide investors with the opportunity to get in on the ground level of a promising new crypto project. They will also be able to benefit from discounted token prices, as well as additional incentives via staking and community rewards.
Having said that, it can be challenging to find the best crypto presale to invest in, especially when there are dozens of new projects being launched every month. A degree of risk is involved as well when investing in new projects early in their roadmap.
Wall Street Memes is one of the trending new cryptocurrency presales. The project is aiming to recreate the viral buzz of the GameStop and AMC bull run, as well as similar meme coin crypto projects that began from small beginnings at the presale or pre-ICO stage then exploded in price once listed on exchanges.
$WSM is currently in the final stages of its presale and is set to end in less than a month. More than $25 million has been raised since its launch with the project also offering passive income through staking.
What is a crypto presale?
Crypto presales are a popular way for investors to buy digital tokens at a discounted price. New cryptocurrencies might be offered to investors in a presale before they are launched via an ICO or listed on an exchange. New presale tokens may be announced on social media, blockchain news platforms, or crypto-related market aggregators.
How do I get presale crypto?
In most cases, the presale crypto can be purchased directly via the project's official website. This will involve connecting a digital wallet to the website - beware of fake sites impersonating a project - and making a crypto transfer. Some platforms also allow investors to purchase presale crypto using credit/debit cards.
Are crypto presales ICOs?
No, a crypto presale is conducted before an ICO. However, the two terms are often used interchangeably, not least because they offer early access to a new crypto project. The ICO bubble of 2017, during the bull run of that year, involved a similar investment process to presales of today.
What is the best crypto presale to invest in right now?
Our review team found that the best crypto presale to invest in of 2023 is new meme crypto project Wall Street Memes (WSM), which at the time of our review has already raised $25 million with the presale set to close in a month.
What are the best alternative presales to research right now?
Wall Street Memes and Bitcoin BSC could constitute a good investment, along with yPredict. All of these presales raised considerable figures in a short timeframe, and have strong social followings. Upcoming sales like EyesFi and The X Protocol might also experience upside potential if they gain momentum.
How can I tell if a presale is legitimate?
Most of the time, all of the information is clearly available in the whitepaper, website, and socials. Often, a project might state that it is for entertainment purposes only. If you read all the available information, you can make informed decisions, without falling prey to emotional investment.
What are the risks of presales?
One of the risks involved for investors in crypto presales is that you are investing in something new and unproven. Dozens of new cryptocurrencies come on the market every month, but most will never be widely adopted. That means they may, eventually, lose all of their value. Most of these tokens are not widely accepted and there may be a lack of liquidity.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.