The crypto market in 2024 is showing resilience we have never seen before. Previously, something like global conflict and tensions in the Middle East would have tanked the market. Now, however, it's only a bump in the road. After an initial dip, the market has almost bounced back to where it was last week. For example, earlier today Bitcoin (BTC) even breached the $64k mark again.
Interest rates previously slashed had initially helped the market pump and positive job news after an unexpected surge in job creation last month has now helped the market bounce back. Considering that October and Q4 tend to be very strong for crypto we are now looking at things much more positively than last week. It should be the perfect time for investors to dip their toes in the market.
We thought the best place to look for top cryptocurrencies that could explode was the presale market. The reason for this is that the low prices and market caps of these projects mean they can really explode and also the risk is less. We were surprised to see so many projects we thought could explode. We narrowed it down to these 7 coins:
Pepe Unchained ($PEPU)
Crypto All-Stars ($STARS)
Flockerz ($FLOCK)
Memebet Token ($MEMEBET)
Sponge V2 ($SPONGEV2)
Arkenstone (ARKN)
Choc ($CHOC)
Now we are going to cover each of the above presales and explain what stood out to us in terms of their potential explosiveness.
Pepe Unchained ($PEPU) is the most obvious presale coin to get behind. Without even going into any details of the project, the metrics immediately jump off the page. It is breaking all sorts of records for a meme coin as it approaches $18 million raised. At this rate, it could be one of the best crypto presales ever. Clearly, there is an appetite for this new Pepe coin.
It is interesting to see so many whales buying up $PEPU because there have been a lot of Pepe alternatives before as it is one of the most popular memes with crypto enthusiasts. What's different about this project, as it says in the name, is it is going to unleash Pepe. It is going to do this by building on top of Ethereum and thus giving the meme its own chain.
There are lots of benefits to Layer 2, for investors it's cheaper gas fees and faster transactions. For the project, it means unlimited room to grow. This means the project could soon become a popular chain with investors and host other crypto coins. The Pepe Frens With Benefits development grant has just launched that will incentivize other projects to build on the chain.
One of the most exciting projects of 2024 so far is Crypto All-Stars ($STARS). It is one of those projects that has so much potential we could one day see it ranked in the top 10 on CoinMarketCap. It is not often you come across a meme coin that has the potential to change the whole crypto market. That is just how revolutionary their approach to staking is.
The presale for Crypto All-Stars has just started to gather real momentum too and has now surpassed $2 million raised. We think it is crazy you can still get a rate of 1 $STARS = $0.0014887. This won’t last long considering that this is the first-ever multi-chain, multi-token project. Through its Meme Vault, you will be able to bring other meme coins to Crypto All-Stars and stake them for rewards.
Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Based Brett, Bonk Coin, and many more have already been announced. Of course, holding and staking $STARS will still lead to the most rewards. If you hold the token you can get up to 3x more rewards when you stake other meme coins. Then, staking $STARS itself will also get you very high rewards.
Flockerz ($FLOCK) is a meme coin that we might be writing about right before the presale explodes. It originally had a slow start but now is starting to pick up pace and has surpassed $500k raised. It's the perfect presale for investors who want to get the most mileage out of their investment. That’s because it perfectly combines a fun meme with great utility.
The meme is called King Birb. He is a strong and massive bird who was once a great ruler who had an army of loyal degen followers. However, one day he realized the power of community. That real power came from elevating his degen followers to make decisions. That's where the utility comes in as this project runs a vote-to-earn system.
That means that investors get to earn rewards while also getting a say in big project decisions through Flocktopia, a revolutionary DAO. This will attract a lot of investors and the massive staking rewards should help too. Currently, the APY stands at 3758%. That means getting in now could be very profitable in the future.
Until we came across Memebet Token ($MEMEBET) we did not know how much we would want to try out a meme coin casino. That's the beauty about some of these projects they give you something you hadn’t even imagined. Memebet token will be the first-ever web and Telegram casino that will allow you to gamble with meme coins.
A lot of the major meme coins like Dogecoin, Shiba Inu, and Pepe Coin have already been announced as accepted currency and more are going to be added. The native token will be the most valuable coin to bet with as it will give you the chance to earn more bonuses and rewards. The presale is also very young and has now raised over $380k.
The casino itself will launch half way through the presale which we really like as it shows the creators are very confident in their product. The fact they are already a regional sponsor of the Argentinian national football team is also a great sign. The Casino Launch Gleam campaign has just launched which rewards investors for signing up to the casino, buying tokens and interacting with the social profiles of the casino.
We are a little biased but we are very much looking forward to the launch of Sponge V2 ($SPONGEV2). That is because it will be the second generation coin from the ecosystem that developed one of our favorite meme coins of last year; Sponge Token ($SPONGE). The project has used a stake-to-bridge system that will take us from version 1 to version 2.
The way stake-to-bridge works is very clever and good for investors. Before they can purchase version 2 they must first purchase and stake Sponge Token. When they do this, an equivalent amount of Sponge V2 will be purchased for you and stored away. Once the total allocation of $SPONGE has sold out then investors will get their new $SPONGEV2 tokens and their staking rewards.
For those unfamiliar with Sponge Token it was one of the meme coin success stories of 2023. Mostly because it launched during such a bearish period for meme coins but still managed to pump by hundreds of percent and create a large online following. Sponge V2 will hope to recreate this success but it will also add a P2E racing game that will be Spongebob themed so it should be even better.
There are not many no-brainer investment opportunities in the presale market but you will find that a project that offers real-life utility is just that. There are not many projects these days that offer that but one is Arkenstone (ARKN). It will be beloved by crypto inventors that's for sure.
Through their GemLaunch, they will empower crypto projects to launch their own presales. It costs a lot of money to create a crypto project and one of the most expensive parts is hiring a presale site. With the GemLaunch Suite, you will need no previous coding experience and it will cut costs massively for you so expect this coin to be very popular.
We have spent this whole piece looking at projects with great utility and they reflect the modern-day meme coin market. However, with our last selection, we are going to go for a throwback meme coin. One that relies on virality and the strength of its following to lead it to gains. Choc ($CHOC) is that coin.
It is a meme coin that relies on the fact that everyone loves chocolate. However, there are also great prizes up for grabs for presale buyers. In fact prizes for the top 200 buyers. 200-101 will get 1 SOL coin, 100-51 will get a new Playstation, 50-21 will get a new iPhone 15 Pro Max, 20-2 will get new MacBook Pros, and the top buyer will get a new Tesla Model S. So great chances for investors.
As you can see the presale market is currently full of very intriguing projects. We managed to find 7 that we really think could explode before the end of 2024. As we mentioned, the low prices of the coins mean they are perfect for those seeking huge gains.
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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.