Bitcoin’s ($BTC) price pumped by more than 10% between October 26th and Oct 29th and almost set another all-time high this year. Now, however, it has taken a steep fall back toward the $70k mark. As was pointed out by market intelligence firm CryptoQuant, after the pump 99% of holders were in a position of profit. This is almost unprecedented and was always going to lead to profit-taking.
What is crucial for investors here is not to panic. The altcoin market also took a hit today but that is likely not to last and is just the after-effects of BTC starting to plummet. What will now likely happen is Bitcoin investors will take their profit and invest it in altcoins. We expect the market to start pumping and are going to help you find the top crypto token presales to buy in November 2024.
The meme coin market took a hit today just like most other sectors. However, we expect it to be the biggest benefactor of the BTC profit-taking. There are a lot of promising presales currently progressing along nicely and we have pinpointed seven that we think could have huge Novembers. Here they are:
Pepe Unchained ($PEPU)
Crypto All-Stars ($STARS)
Flockerz ($FLOCK)
FreeDum Fighters ($DUM)
Memebet Token ($MEMEBET)
Sponge V2 ($SPONGEV2)
DogDump ($DOGDUMP)
As you can see we have focused entirely on meme coins. Once we lay out the details of each project you’ll see why.
As meme coin historians we always like to do comparisons when different projects begin to show potential. Pepe Unchained ($PEPU) is the most special meme coin project that has been launched in a long time. There are a few reasons for this, the first of which is how successful its presale has been. It is now on track to break a very impressive record.
The presale for Pepe Unchained ($PEPU) has now raised over $23.9 million. That means it is just a little more than $1 million away from being the most successful meme coin presale of all time. That is very impressive for a coin that directly or indirectly has taken a shot at one of the most successful meme coin projects ever; Pepe Coin ($PEPE).
Calling your project Pepe Unchained is a brave move and your mission goal being to unleash Pepe so it can reach its full potential is even braver. That is just what this project plans to do and we think it can one day surpass Pepe Coin. The main reason for this is because they have built their project on top of the Ethereum network so they have their very own Layer 2 chain.
This really does free Pepe from its Layer 1 constraint and opens the door to lots of possibilities. A layer 2 chain means it can one day host other tokens from its network and thus its growth can be limitless. Layer 2 also means staking rewards for investors which is a huge advantage Pepe Unchained will have over some of its traditional counterparts once launched.
It is very unusual that you come across two projects in the presale market that have the chance to have a massive knock-on effect on the crypto market. Even rarer is that they are both meme coins! Crypto All-Stars ($STARS) is the second token on our list that we think is going to go onto great things. Its presale has now raised just shy of $3 million.
The focus of the Crypto All-Stars project is staking. To be a little more precise its aim is to be a project that unites meme coins under one roof. How it will do this is through staking. It's crazy to think that just over a year ago staking and meem coins were never considered a match. It would be quite unusual to come across a meme coin project that had a staking protocol.
That has all changed in 2024. If you look at meme coins on the presale market you will likely find more that have staking that don’t. Of course, this makes perfect sense. Meme coin projects tend to struggle to bridge the gap between presale and listings. Their volatility can cause pump-and-dumps. Now, with staking that has changed. Crypto All-Stars is ready to ramp things up a level.
Through their Meme Vault, they will become the first project to allow multi-chain, multi-token staking. This means that you can stake other meme coins with them. If you hold $STARS you can get 3x the rewards when you bring your other meme coins to the Meme Vault and stake them. This is a huge development and new meme coins are being accepted almost daily.
We have always been a big fan of the vote-to-earn system. When you look at it from afar it seems like every project should want to use it. Investors are always going to be attracted to a project that gives them power and the fact that they will also get rewarded only sweetens the deal. That is why we were very happy to see a project like Flockerz ($FLOCK) use the system.
This is the perfect combination of a traditional meme coin mixed with a modern one and that is why we think so highly of it. Traditional meme coins pumped thanks to the power of their meme i.e. their virality. That will be no problem for King Birb. He is a powerful bird that used to be a king but he noticed that his degen followers were where the power lied and decided to become one of them.
The meme’s story is a perfect link to what has made modern meme coins so successful; utility. These days meme coins have become much more mainstream in crypto circles because of utility. It legitimizes them in the eyes of investors. Flcokerz has plenty of this too.
The vote-to-earn system we already discussed. Investors get to have a say in decisions the project makes about what direction they want to head in the future. They also get rewards for doing this so it's a win-win. There are also massive staking rewards available with an APY of 1409%. It's a very impressive project and the presale is still young having raised just shy of $1.2 million.
We are now just a matter of days away from one of the biggest global events of the year. The US election will take place next Tuesday and it's all anyone can talk about in the US. Tensions are higher than ever but luckily we have the crypto market to add a little bit of much-needed humor into the mix. The number one culprit for that is FreeDum Fighters ($DUM).
There are already a huge number of politics-themed tokens launched. Some of them will succeed but most of them won’t. Unfortunately, most of them are money grabs. This is normal surrounding a big world event like this. The key is to find the project that will succeed and we think that's FreeDom Fighters. The main reasons for this are the presale and utility.
The presale for FreeDum fights is still very young but has raised over $370k. The fact, the coin is going through one, however, is the important part. This shows that this PolitiFi token is not a money grab but is here for the long run.
Then we have the utility. Once you purchase your $DUM tokens you will need to stake them before you get to vote for either candidate. As this is supposed to add a flavor of humor the candidates are Magatron and Kamacop. Whoever you vote for, that's whose staking pool you get put into. Magatron is well ahead with the votes so the staking rewards are lower so the real value is with Kamacop.
Memebet Token ($MEMEBET) is a very exciting combination of two of the best-performing crypto industries; meme coins and crypto casinos. As you will have gathered from all the presale tokens the meme coin market is thriving, and so are crypto casinos. They have gathered so much popularity that most mainstream casino users have adopted them.
That is why this combination is so exciting. This will be the first-ever Telegram and web casinos that will let their players bet with meme coins. That means when you win big you fatten your crypto wallet. A whole host of meme coins will be accepted and others are being announced regularly. Pepe Coin ($PEPE), Shiba Inu ($SHIB), Dogecoin ($DOGE)) and lots more are already included.
The casino will also have a sportsbook which we think is a sign they mean business and this will be a legit operation that wants to take on the big guns. It will launch halfway through presale too so investors will get a chance to play early. A campaign has already been launched where investors can get rewards for signing up to the casino, buying tokens, and interacting with their social media channels.
If there is a meme coin that can rely on the strength of its main meme it's Sponge V2 ($SPONGEV2). The cartoon's fan base is huge and it even has a big crypto following thanks to the success of the original Sponge Token ($SPONGE). The new tokens will be hoping to follow in its footsteps. For those that don’t remember it was a big deal.
Version 1 launched in the late Spring of 2023. What is important to note about this is that it had the unfortunate timing of being listed at a very bearish time for the market, especially meme coins. Despite this, it became a bit of a cult hero as it pumped by hundreds of percent and gained over 25k followers on Twitter. Version 2 will add a racing P2E game to the mix which makes it very exciting.
The project has used a stake-to-bridge system to ensure the integrity of both projects. That means that if you want to buy Sponge V2 you first have to purchase and stake version 1. When you do this the same amount of version 2 will be stored away for you. Once the total allocation of Sponge Token is sold out, Sponge V2 will launch and investors will get their tokens and staking rewards paid out over 4 years.
DogDump ($DOGDUMP) is the project doing something about what we are all thinking. For some time now Dogecoin ($DOGE) has seemed unstable and weak. Despite this, it has kept its place on top of the meme coin ladder. However, with this new generation that seems unlikely to last. More and more Doge-alternatives have launched this year but none go as far as DogDump.
This project will literally do well the worse that $DOGE performs. Every time that the number one meme coin finishes in the red for the day, the project will burn 0.2% of the total supply. Scarcity is king in crypto these days so we all know this will lead to profit down the line. So if you think Dogecoin’s days are numbered this is the token for you.
That's a wrap from us now so we will just leave you with this parting piece of advice. Meme coin presales like the ones above do not come around often and the fact we could be looking into a stage of profit sharing means that they could be about to explode, so act fast.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.