The crypto market dipped once again on Friday as U.S. authorities warned about the rising tensions between Iran and Israel.
Bitcoin saw its price tumble from $70,000 to $61K in just a couple of hours. Currently, BTC has bounced back to $64,000, landing in the -5% range on the 24-hour trading line.
Altcoins didn’t fare much better, with much of the top 10 cryptocurrencies trading in the red due to the growing geopolitical tensions in the Middle East region.
Amidst this market volatility, traders have turned their attention to new presale projects that remain relatively unaffected by the current situation.
Let’s check some of these presales out…
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Traders Turn to These 7 Presales Amidst Market Drop – Quick Overview
Here’s a quick overview with the most important information about these promising projects:
Dogeverse ($DOGEVERSE) – Multi-Chain Meme Coin Presale Raises Over $5 Million In the First Week
Slothana ($SLOTH) – Whale Investors Pumping Funds Into SLOTH
99 Bitcoins (99BTC) – World-Renowned Crypto School Creates a Learn-to-Earn Mechanism
5th Scape ($5SCAPE) – VR Crypto Platform Rakes in Over $5 Million in Presale Frenzy
Dogecoin 20 ($DOGE20) – Exchange Listing in 5 Days After a Successful Presale Funding
Sponge V2 ($SPONGEV2) – Unconventional Presale with Viral Branding & Proven Track Record
Mollars ($MOLLARS) – Decentralized Crypto with Autonomy for Token Holders
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Traders Turn to These 7 Presales Amidst Market Drop – Detailed Analysis
With the basics out of the way, let’s move on to a detailed analysis of the highest growth potential presales:
Dogeverse ($DOGEVERSE) – Multi-Chain Meme Coin Presale Raises Over $5 Million In the First Week
Dogeverse is a new dog-themed meme coin project that launched its presale in April 2024. It distinguishes itself as the world’s first multichain meme coin, initially built on the Ethereum blockchain.
However, Dogeverse aims to leverage advanced technologies like Wormhole and PortalBridge to connect multiple blockchains into a unified network.
Specifically, these technologies enable Dogeverse to combine features from Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.
This multi-chain capability means investors can access and utilize the DOGEVERSE token with minimal friction, regardless of their involvement in various crypto ecosystems.
One of Dogeverse’s key features is the ability for users to stake the native $DOGEVERSE tokens on the Ethereum network to earn passive rewards.
Dogeverse’s multi-chain operability, combined with robust tokenomics and staking mechanism, are just some of the reasons why investors poured over $5M in the first week of the presale.
Slothana ($SLOTH) – Whale Investors Pumping Funds Into SLOTH
Slothana, a new meme coin project on the Solana blockchain, has managed to raise over $10 million in less than two weeks since its launch.
Despite its success in raising funds, it’s important to note that Slothana currently lacks any defined utility, token allocation plans, or a roadmap.
The project’s growth appears to be primarily driven by hype and the fear of missing out (FOMO) among investors.
Interestingly, even with the lack of fundamentals, degen investors, show interest to invest in Slothana, particularly after the project surpassed the $10 million mark.
In recent days, there has been a surge of FOMO investing in Slothana, with the project’s Solana wallet receiving multiple large transactions ranging in the thousands of dollars.
Notably, two transactions worth a combined 79 SOL (approximately $12,300) were recorded within just a few hours.
99 Bitcoins (99BTC) – World-Renowned Crypto School Creates a Learn-to-Earn Mechanism
99Bitcoins, a well-established platform that has been educating people about Bitcoin and cryptocurrencies for over a decade, is introducing an exciting new mechanism called Learn-to-Earn (L2E).
This feature leverages their $99BTC tokens to incentivize users to learn about crypto.
With a large community of over 700,000 YouTube subscribers and 2 million registered users for their online courses, 99Bitcoins has built a strong presence in the crypto education space.
The L2E feature allows users to earn $99BTC tokens directly to their Ethereum wallet by participating in interactive learning modules, quizzes, and tutorials.
While the $99BTC token is currently built on the Ethereum blockchain, the platform aims to bridge it to the Bitcoin network, which uses the relatively new ‘BRC-20’ token standard.
One of the strengths of the platform is its comprehensive learning modules catering to users of all skill levels.
From beginners to advanced learners, users can explore the technical aspects of crypto, including the latest trends like BRC-20 tokens and the upcoming Bitcoin halving event scheduled for April 2024.
To encourage early adoption, 99Bitcoins plans to conduct an airdrop, giving away almost $100,000 worth of $99BTC tokens.
5th Scape ($5SCAPE) – VR Crypto Platform Rakes in Over $5 Million in Presale Frenzy
5th Scape ($5SCAPE) is a new project that wants to create an immersive virtual reality (VR) online gaming ecosystem.
The platform offers users access to a wide range of gameplay experiences, educational content, and more, all presented in a hyper-realistic virtual world.
According to the project’s whitepaper, 5th Scape plans to launch five unique VR-based games. The first one, ‘Cage Conquest,’ is scheduled for release in the second quarter of 2024.
To enhance the immersive experience, 5th Scape will offer a VR headset and a VR chair designed with ergonomics and motion support in mind.
Holding the $ 5 SCAPE token will grant lifetime access to the platform’s library of VR content and exclusive discounts on all 5th Scape products.
The project’s total supply is 5.21 billion tokens, with 80% allocated across 12 presale rounds, giving investors multiple opportunities to participate.
You can still buy the 5SCAPE tokens at a discounted rate in the fifth presale stage, which raised over $5,1 million so far.
Dogecoin 20 ($DOGE20) – Exchange Listing in 5 Days After a Successful Presale Funding
Dogecoin20 ($DOGE20) is a new meme coin built on the Ethereum blockchain that wants to become an eco-friendly version of the original DOGE.
One of Dogecoin20’s key features is its built-in Stake to Earn protocol, which allows holders to earn passive income by staking their tokens.
In contrast to the energy-intensive Proof of Work consensus mechanism used by Dogecoin, transactions on Dogecoin20 are faster, more secure, and cheaper to send.
To ensure a stable launch, the token supply of Dogecoin20 will be locked until the $DOGE20 coin is listed on leading cryptocurrency exchanges, preventing potential price crashes on the first day of trading.
One of Dogecoin20’s advantages is the ease of staking, which allows users to start earning passive income quickly after purchasing $DOGE20 tokens.
At the time of writing, DOGE20 finished its presale with over $10 million in the bank. However, due to the large demand, the dev team created one last chance to buy DOGE20 on launch day, before the exchange listings.
Sponge V2 ($SPONGEV2) – Unconventional Presale with Viral Branding & Proven Track Record
Sponge V2 is an upgraded version of the existing $SPONGE meme coin, offering improved utility and staking rewards.
However, Sponge V2 takes a unique approach to its distribution, as investors can only obtain the new V2 token by purchasing and staking the original $SPONGE during a specific event.
This event uses a “Stake-to-Bridge” reward mechanism, where staked $SPONGE tokens are locked, and investors receive rewards in the form of $SPONGE V2 tokens after the staking period ends.
According to the information we have available, investors who stake $SPONGE will receive a 166% reward in V2 tokens.
The project has already garnered significant interest, with over $20 million worth of $SPONGE tokens being staked, suggesting potential for substantial growth in the future.
It’s worth noting that the current price of the V2 token is reported to be over 7300% higher than the launch price of the original V1 token.
Mollars ($MOLLARS) – Decentralized Crypto with Autonomy for Token Holders
Mollars ($MOLLARS) is a decentralized cryptocurrency project that offers more autonomy to token holders.
The native $MOLLARS token can currently be used to gain entry into the platform’s DAO (Decentralized Autonomous Organization), allowing token holders to choose the future direction of the project.
At the time of writing, the $MOLLARS token is available for purchase at $0.5 during the ongoing presale event. Since its launch, the project has already raised more than $2,4M.
Post-launch, the platform founders intend to recede ownership and offer full governance access to token holders.
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Conclusion
With that, we can wrap up our list of promising presale tokens that you might want to consider holding as we enter the new 2024 bull cycle in the cryptocurrency market.
We’ve done the heavy lifting for you by researching and providing an overview of these projects. All that’s left for you is to decide which one (or ones) seems like the best fit for your investment portfolio.
Of course, while we’ve aimed to provide comprehensive information, it’s always crucial for you to conduct your own thorough research as well.
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