The market has had a great start to this week which has led many commentators to forecast a bull run just around the corner. BTC, ETH, BNB, SOL, XRP, and ADA, are all up in the last 24 hours and when this happens normally we are in for some bullish conditions. Now the question is what are the best coins that are best to invest in before the market pumps?
We think the best place to look is the presale market. There are still some concerns over the Mt Gox situation which may see billions worth of BTC sent to cold and unknown crypto wallets. This would likely cause a negative snowball effect for the rest of the market so we think the best thing to do is play it safe but smartly. The presale market is perfect for this.
Your investment is protected until its listings begin and the low prices mean you need not fear losing a big chunk of your bank balance. We found 8 projects that really stood out to us. These could be successful no matter what conditions await them after their launch. Here is the list:
Pepe Unchained ($PEPU)
The Meme Games (MGMES)
WienerAI ($WAI)
PlayDoge ($PLAY)
Shiba Shootout ($SHIBASHOOT)
Base Dawgz ($DAWGZ)
Sponge V2 ($SPONGEV2)
Race to a Billion (BDJ)
Now we have all the projects, let’s get into why we think they are set to pump during the next bull run.
It's not often we come across a new meme coin that we think can outperform the original token that it takes inspiration from. However, 2024 has brought about an evolution in the meme coins sector and we have two such projects on our list. The first is Pepe Unchained ($PEPU) which is offering double staking rewards to its early investors. Its presale has been a success so far, raising over $4 million.
The staking rewards are what will stand out to investors but the fact Pepe Unchained will have its own layer-2 chain may actually be more beneficial in the long run. The possibilities are limitless; one just has to look at Coinbase’s Base chain to see what Pepe Unchained could do. It also means faster transactions and of course, cheaper fees which means more room for gains which will be music to investor's ears.
Timing can be a hugely important factor when it comes to the crypto market. This is especially pertinent when it comes to meme coins. A lot of the time we see coins based on current events pump incredibly fast and make early investors rich. We are alerting investors now to The Meme Games ($MGMES) which is being called the token of the Olympics. Its presale has just started and $150k has been raised so far.
That means investors now have the chance to get involved in a project at what is likely its lowest-ever price. Investors who purchase tokens will be asked to predict the winner of a 169m sprint that will be contested by their favorite memes; Dogecoin, Pepe, Dogwifhat, Brett, and Turbo. If they correctly predict the winner, they will win a huge 25% presale token multiplier.
There have been a lot of exciting new meme coin launches in 2024 but WienerAI ($WAI) has the potential to be our favorite. The reason for this is that it is equally strong when it comes to its utility and its virality potential. The utility comes from built-in AI trading capabilities, a tool we don’t think any investor would turn down in today's market. Its virality comes from its fascinating back story.
To learn about the origins of WienerAI we must take a trip to the future, the year 2132 to be precise. In a place called New Silicon Valley, a scientist is devising an experiment to combine AI and pups. However, at the crucial moment, he accidentally drops a sausage into the mix and the end result is Wiener AI. We think whether you prefer utility or virality this project is for you. Over $7.5 million has been raised during presale.
PlayDoge ($PLAY) is the second coin on this list that takes inspiration from a traditionally successful coin. Just like with Pepe Unleashed, we think PlayDoge can outperform its counterpart in this case Dogecoin (DOGE). Our main reasoning for this is the utility advantage PlayDoge has over Doge. The P2E and staking combo gives it a strong lead in our books. Over $5.7 million has so far been raised during presale.
The P2E game is going to be a favorite for many investors but we think it's especially targeted toward 90s kids. The reason for this is the game bears a striking resemblance to the old hand-held Tamagotchi game. PlayDoge players will also need to take care of their pets and make sure it is fed and entertained. The big upside for players is they can earn more crypto by ranking on the global leaderboard.
Welcome to the town of Shiba Gulch. A Wild West town that gives investors lots of different chances to win big. Shiba Shootout ($SHIBASHOOT) has an ecosystem jam-packed with attractive features that should please even the most fussy investor. It centers around the P2E game which emphasizes community and is a place players can come to challenge each other and share memes.
Another avenue for investors to have a chance to win big is the lucky Lasso Lottery system where participants use Shiba Showdown tokens for a chance to win big crypto prizes, with a portion supporting charitable initiatives. Investors will also have their say in the direction the project goes thanks to the Token Governance Roundups system. The presale so far has raised over $690k.
You may have noticed a common trend among a lot of tokens we have selected, we like projects that give investors an extra chance to earn more crypto. That way if the coin pumps you strengthen your odds of huge gains. Base Dawgz ($DAWGZ) fits that mold thanks to its share-to-earn promotion that will allow investors to rack up points that can later be redeemed for $DAWGZ tokens.
How it works is investors will need to share content, like memes, related to the presale on their social media and they get these points in return. There is also a 5% referral bonus players can gain for everyone who signs up using their code. This is also a multi-chain token so although it is at home on base, it will also be available on Ethereum, Solana, BSC, and Avalanche. The presale has raised over $2.5 million.
Sponge V2 ($SPONGEV2) hopes to follow in the footsteps of Sponge Token ($SPONGE) which was the first token from this ecosystem. It was one of the biggest meme coins of 2023 mostly because of how it pumped during a very difficult time for meme coins. Now this new version will have a very fun Spongebob-themed racing game. A stake-to-bridge system will ensure both coins remain in the spotlight.
How it works is anyone who wants to buy the new Sponge V2 will first have to purchase and stake Sponge Token. When they do so an equivalent amount of $SPONGEV2 is also purchased and stored away for them. Once the total allocation of Sponge Token is sold out then version 2 will launch and investors will get their new tokens and staking rewards paid out over four years.
I have long preached that one of the great untouched possibilities crypto is missing out on is projects that incorporate sports and sports gambling. That is what we have here with Race to a Billion (BDJ). This one is for Formula 1 fans who can win big if they can correctly predict the results of races. As we are mid-season there is still plenty of time to get involved.
The presale has only just begun so investors have a chance to get in on the ground floor. You will be competing against other players to try and predict the top 10 finishers of Formula 1 races. The more you get correct the higher you place. At the end of the season, the points will be tallied up and the best results have a chance of winning massive prizes.
So to finish up, what we are trying to do by recommending these presale projects is make sure investors are prepared for anything the market throws at them. As we said in the opening, it is unclear if these good conditions mean the start of a bull run or if the large BTC sell-off could mean more bearish conditions. These low-risk/high-reward options mean investors are set up for any outcome.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.