As we have been hinting at for a little while now, the market looks like it is about to enter a bearish period. Q1 of 2024 was almost completely bullish conditions so something like this is expected. The halving event not being enough to help Bitcoin pump is the main reason for this downturn.
The great thing about the crypto market, however, is even during bearish periods there is always room for opportunity. Despite the current conditions, some presales are still recording fantastic numbers and look like they could be big gainers once their respective listings begin. Here are four that we think stand out above the rest:
Let's get into each project now.
A noticeable trend these days is more Doge alternatives being released. This is not a coincidence, Dogecoin (DOGE) has been struggling for the last year and beyond. While rival meme coins have pumped by thousands of percent, it has only seen modest gains and is down over 35% in the last 30 days. Dogeverse (DOGEVERSE) has a real chance to outgain the number one meme coin once launched.
A good presale doesn't guarantee a successful listing but in the crypto world it is as close as we have to a guarantee. Dogeverse is having an amazing presale so far which strongly indicates it will pump once its listings begin. It only launched three weeks ago but has already raised over a whopping $12.3 million. A sign that we cannot ignore.
So what is Dogeverse all about? The dog-based meme coin is similar to Doge except his name is Cosmo and he is a space dog that was born with the gift of jumping from chain to chain. This makes DOGEVERSE a multi-chain token. In fact, it is the first coin that will launch on the six most used blockchains after Bitcoin.
Ethereum, Avalanche, Solana, and BNB Smart Chain are the layer 1 chains, while Layer 2s such as Polygon and Base make up all the networks that Cosmo can jump between. In a crypto world that is ever evolving, the versatility that Dogeverse has will stand to it now but even more importantly in the future well after it is officially launched.
The meme coin market is all about trends and for projects, it's all about capitalizing them. We have seen Trump, Musk, and Biden tokens burn very bright overnight but fade from existence just as fast. Some trends remain strong, however. The combination of AI technology and meme coins is a winner and WeirnerAI ($WAI) is trying to capitalize.
The project has just kicked off its presale so it is too early to draw any conclusions just yet. However, the token has raised over $650k in the few days it has been up and running. There are positive signs that the presale will soon explode as WeirnerAi is starting to trend on X. Now would be the best time to invest before the price starts going up.
What makes WeirnerAI a future success in our eyes? They have approached the AI/meme coin combination in a unique way. Instead of having some kind of utility that incorporates AI it has instead used the technology in the background story of the meme.
The year is 2132 and we are in a place called New Silicon Valley. There is a mad scientist who is doing the most typical of all mad scientist activities; trying to combine two entities to make a super entity. In this case, it is AI and dog memes. However, he drops a sausage into the mix and its DNA creates the WeinerAI token. A great background story that we think investors will love.
Many readers may have seen 99Bitcoins Token ($99BTC) and nodded approvingly. This is because they are the biggest crypto learning platform that anyone wanting to learn about crypto has at their disposal. After years in this industry, they have chosen now to make their first step into the token game.
Investors love innovation and 99Bitcoins are the perfect example of this. In 2013, they were a site that helped people buy Bitcoin using PayPal. However, after a dispute, they decided to reinvent themselves as a learning platform. They have sold over 2 million courses and have over 700k subscribers to their YouTube channel so we think we can safely say this was a good move.
The people behind the token have years of market knowledge under their belt so it is always interesting in these cases what kind of token they opt to go for. The makers of 99Bitcoins Token have seen the success of play-to-earn and other such systems, and given their extensive background in teaching have gone for a learn-to-earn model.
How it works is investors will be able to earn $99BTc by studying the curriculum and passing tests given to them and also by interacting with the community. The tokens can be used to access premium content or buy partner products. Investors will also be able to stake their $99BTc so we predict this token will have a lot of value down the line.
The crypto casino market has been exploding for quite some time now. Of all the breakaway sectors of the market, it is arguably one of the most successful. The quick and easy payment and transaction times that crypto allows have led to many gamblers preferring them over traditional online brands.
The problem is revenue sharing for investors. Most casinos are unfair when it comes to this but not Insanity Bets ($IBET), they want to involve investors. The way it works is that reward staking with 35% of trading, ILP, and game-winner fees. Burning their tokens with 50% of those fees and if they mint their own tokens they can become the house and receive 90% of wins and losses from player's bets.
So there we have it. Although conditions might be bearish for Bitcoin and other altcoins, there are some presales that are thriving. The best thing about Dogeverse, WeinerAi, and 99Bitcoins Token is that they are all in the early stages of their presales. This means that not only can investors get involved in great projects but they can get them at low prices we might not ever see again.
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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.