We are currently in the midst of one of the greatest bull runs in crypto history as the market is very green everywhere you look. Bitcoin ($BTC) has now surpassed $81k for the first time in its history so we expect some presales to benefit from some future profit sharing. It is the meme coin sector we are going to pay particular attention to.
There are two reasons for this. The first is pretty simple: the best presale projects right now happen to be meem coins. The second reason is related to how well the industry as a whole is doing. The total market cap of meme coins is at a high we have not seen since 2021 and is closing in on its highest-ever figure.
We expect these good conditions to continue for another little while at least so it's the perfect time to invest in some good presale projects. We found 6 projects that we think are showing off huge potential at the moment. Here they are:
Pepe Unchained ($PEPU)
Crypto All-Stars ($STARS)
Flockerz ($FLOCK)
FreeDum Fighters ($DUM)
Sponge V2 ($SPONGEV2)
BTC Bull Token (BTCBULL)
We will now go through each project one by one and analyze what gives them huge potential.
Pepe Unchained ($PEPU) is really running up the numbers now. The presale had already recently become the best-selling meme coin presale of all time when it passed $25 million raised. Now that number is over $26.5 million as the meme coin managed to raise north of $1.7 million over the weekend. So what exactly has investors flocking to this project?
The Pepe Frens With Benefits development grand is a good place to start as it signals the project's intent. The grant incentivizes crypto creators to build on the project's chain. This is the point of the project to be the next big chain for new coins to launch on. This is where the project has gotten its name from. They want to unchain the Pepe meme and take it to new heights.
They will do this by building on Layer 2 so the project can have its very own chain. This is also beneficial for investors. Layer 2 means faster transaction speeds and cheaper gas fees. It also means staking rewards. Over 1.75 billion $PEPU tokens have already been staked but the APY is still estimated to be a generous 91%. You can see why this presale is so popular.
It is rare that you come across a crypto project that could have a revolutionary effect on the crypto market. It's even more rare that said project would be a meme coin. That is what we have here with Crypto All-Stars ($STARS). The project has ambitious plans that they believe will make them the crypto event of the century.
If you visit the presale site you will see how confident they are in their token. They even believe that they could be a top 5 crypto project of all time. We might agree with that too. The idea behind the project is to unite meme coins through staking. This is the first project that has managed to unite the sector so that is where the potential comes from.
The most important part of the project is the Meme Vault. This is where investors will be able to bring other meme coins they hold and stake them for rewards. That makes this the first project to facilitate multi-chain and multi-token staking. The native token can be staked for rewards too and just by holding it, you can get 3x the rewards when you stake other top meme coins.
We are very excited about this meme coin presale because of the vote-to-earn nature of it. Flockerz ($FLOCK) is not the first meme coin to go down this route but they are going further than any project has before. We also like the meme at the center of the project and think the combination of both makes it a perfect project.
Vote-to-earn and meme coins seem like a perfect marriage. Meme coin enthusiasts tend to be some of the most loyal in crypto circles and they create powerful communities that help coins thrive. Vote-to-earn rewards investors with crypto while also giving them a seat at the top table. They will get to vote on big project decisions in the future.
Then there is the meme that will also attract investors. King Birb is a very powerful bird who once ruled over his degen followers. One day he accidently found himself among his followers and realized that this was the way forward and he decided that community would lead the way for his project. The presale is starting to gather momentum and has now raised over $1.4 million.
FreeDum Fighters ($DUM) is a very interesting presale token. It is a satirical gamified coin that falls into the PolitiFi category. However, it is different from most of its competition in this category. The amount of PolitiFi tokens spiked a huge amount in the run-up to the election but now most of them have seen their price plummet as interest in the sector has faded.
FreeDum Fighters has fought against this by adding utility into the mix. Investors who purchase their tokens can stake their tokens to vote. The project was created for the US election so investors get a chance to vote for their preferred candidate, Kamacop or Magatron. You will be put in the staking pool that corresponds to your vote.
Trump's victory was great for the crypto market but as more people have voted for Magatron it does mean the staking pool for Kamacop is higher so the choice is difficult. The project would likely not succeed if it didn’t update. That's why we are glad to see it will run different weekly polls in the future where investors can also discuss the subjects at hand. The presale has now raised over $465k.
The P2E industry has yet again experienced a year of growth as the demand for these kinds of projects seems to continue to grow. One of the most hotly anticipated releases of 2024 is a meme coin project called Sponge V2 ($SPONGEV2). At the center of this project is a Spongebob-themed P2E racing game that has a lot of meme coin enthusiasts very excited.
As you may have guessed from the name, this is actually the second coin from the ecosystem that also brought you Sponge Token ($SPONGE). This was one of 2023's biggest meme coin success stories and just strengthens the chances of Sponge V2 being a success. Another thing that helps is how the project has been designed so neither coin competes against the other.
We are referring to a stake-to-bridge system that has been set up. This is where investors who want to purchase the new Sponge V2 will first be required to buy and stake the original Sponge Token. It is worth their while as when they do the same amount of version tokens are bought and stored away for you. When version 1 sells out then investors get their new tokens along with the staking rewards.
As mentioned in the opening, Bitcoin ($BTC) has now surpassed $81.4k. That is up over $10k since BTC Bull Token (BTCBULL) launched. The reason that is important is because this is a token that rewards its investors every time Bitcoin performs well. Given Bitcoin’s very high entry price, it's a good low-price alternative.
How it works is very simple: every time that the price of BTC goes up by $10k the project will burn a certain allocation of its total supply. In today's market scarcity is very valuable so this will likely cause the price to pump. Then, when BTC eventually reaches $100k there is a big payday for investors in the form of an airdrop.
That brings us to the conclusion of our analysis. As you can see the presale market is arguably as strong as it ever has been and in particular the meme coin sector. As this bull run continues it's important to take advantage before it's too late. These coins all have very low prices so the room to grow is huge.
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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.