The market is going through a little bit of a bearish patch at the moment but as a whole it has been a positive 2023 despite some down patches. The future also looks brighter than it did at the start of the year especially thanks to BlackRock and other major asset management companies seemingly taking the first steps into the crypto market.
Inflation rates however, are at a 22 year high. This means investors need to be a little smarter about what projects they get behind. Presales are always the best place to look and some that especially stood out to us include Wall Street Memes ($WSM), XRP20 (XRP20), Shibie Coin (SHIBIE), Cowabunga Coin (COWABUNGA), yPredict (YPRED), Launchpad XYZ (LPX), and Chimpzee (CHIMPZ).
Of course there are some more established tokens that are also worth investing in now so let's get into all of them.
Any presale that raised $20 million would be over the moon normally but for Wall Street Memes it is just another checkpoint on their road to being the number one meme coin. A few days ago a huge number of WSM tokens were purchased from multiple wallets which has most people speculating it was one whale dropping $840,000 on the meme coin.
Who can blame them either as this project is likely to go to the moon. Thanks to its huge online presence Wall Street Memes comes to the crypto market with over 1 million followers across their various platforms. There is huge support driving the project already so the earlier you buy the better as it looks destined to pump.
The '20' trend is very hot in the crypto streets right now and is a great way to become the next crypto millionaire. XRP20 (XRP20) is the latest and has the chance to be the best yet. The theory behind the project is to take the best that XRP has to offer and add features that we have learned are very valuable to crypto since its launch.
For example the token will be available at the same price XRP was at its all-time low of $0.0028. It will also have the same token supply of 100 billion. However here come the differences, 10% of tokens will be allocated for burning and 0.1% of every transaction will be sent to a burning contract creating scarcity. There will also be a chance for investors to stake-to-earn with 40% of the total allocation being put aside for that purpose.
Another trend that looks like it is about to become hot in crypto right now is movie-inspired coins. The project leading the charge is Shibie Coin (SHIBIE). This meme coin is a combination of Barbie and Shiba Inu which leaves us with the perfect crossover of Barbie world and the crypto universe.
The current price of SHIBIE is a low $0.000167. As we may be catching this trend right before it catches fire it represents a great chance to make investors crypto millionaires. We think the slogan on its site sums it up perfectly 'Oh boy, you better brace yourselves, because Shibie is off the leash and onto the crypto field'.
Another movie-inspired crypto looking to start this new trend is Cowabunga Coin (COWABUNGA) which is inspired by the new movie; Teenage Mutant Ninja Turtles: Mutant Mayhem. The clever move this project has made is launching its presale before the movie was even released giving them the perfect landing strip to complete the presale and pump.
The project should attract both fans of the movie but also of the franchise itself which has been around for decades so the net is set very wide. The total amount of tokens is only 4 billion which is quite small for this kind of project. This scarcity will be valued by investors and gives it a great chance to pump after the presale ends.
A project that utilizes AI in a way that helps investors navigate the market will always be very popular and that is exactly what yPredict (YPRED) does. The site has just undergone a slick make over and the presale has just surpassed $3.3 million as momentum builds.
The top 1% of AI developers will be employed by the site where their trading strategies will be available for users to purchase. 70% of every YPRED token goes to these developers so they will attract the best and brightest. 20,000 users are already signed up to the waiting list so investors are already thinking this is going to be big.
Let's start with the main selling point here, Launchpad XYZ plan to onboard the next 10 million users on to web 3.0 technology. This is a very ambitious plan but even if they were to get close to half of this imagine what it could do for its price? True millionaire potential and there is still time to get in at the ground level as the presale price is only $0.0445.
The idea behind the website is that everyone knows Web 3.0 technology is everywhere within crypto projects but not everyone knows the ins and outs of it. Launchpad XYZ will give users a grounding and take them from rookie to master so they know all the right projects to get behind.
The Chimpzee (CHIMPZ) presale will be coming to an end soon as they are within $300k of their final goal. The presale has resonated with investors as it combines two of the hottest trends in the crypto market; meme coins and green projects.
The project is dedicated to saving our planet and shows this through their tokenomics. Not only will 10% of the total allocation go to charities that help save the rainforest but also a share of the profits. Users of the site will have an endless amount of entertainment and revenue streams too as for the first time every Shop2Earn, Play2Earn, and Trade2Earn are all available in the one ecosystem.
The last two coins on our list are the two most established meme coins. Both enjoyed a recent successful run but then Dogecoin (DOGE) began to fall again. That fall looks to have stopped and it is showing signs of life with underlying signals pointing to a comeback. This could be a great buy low spot for investors.
While Dogecoin lost its momentum in the last couple of days it has been the opposite for Shiba Inu (SHIB) as it goes from strength to strength. While it has already pumped its huge token supply and tiny price means getting on board will always be profitable if it can sustain its growth.
So to finish up, although the market may be a little bearish there is a lot of opportunity out there still. The seven presales we have mentioned in particular all have the properties to make investors overnight millionaires. Expect big things once they hit the exchanges.
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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.