Presales allow you to invest in brand-new crypto projects before they’re listed on exchanges. Investors are typically offered a presale discount, meaning they can secure the lowest entry price before the project takes off.
One of the best token sales of all time is Ethereum; early investors paid just $0.31 per ETH. Ethereum has since increased by over 1.6 million percent.
This guide reveals the 9 best crypto presales available right now. Read on to discover the next 50x crypto coins for 2024.
List of the Top Crypto Token Presales for 2024
The best crypto presales for growth investors are listed below:
- Sponge V2 (SPONGEV2) – This successful, 100x meme coin is back again with a migration to a V2 contract via a stake-to-bridge mechanism. A presale and staking platform allows users to buy V1 and stake it for V2, earning a variable APY in the process. A play-to-earn game is under development to bring gaming utility to the $SPONGE ecosystem.
- Bitcoin Minetrix (BTCMTX) – Bitcoin Minetrix is creating a sea-change in the Bitcoin mining industry. Those holding BTCMTX tokens will earn staking rewards – which can be converted into Bitcoin mining credits. Bitcoin Minetrix requires no expensive hardware or technical expertise – simply stake BTCMTX to mine Bitcoin passively. This presale is going strong – more than $2.9 million has already been raised.
- Meme Kombat (MK) – Combining the meme coin hype with play-to-earn gaming, Meme Kombat is another top-rated presale. Meme Kombat has developed a gaming ecosystem that allows players to bet MK tokens on virtual battles. Gaming outcomes are determined by smart contracts and AI, ensuring a fair and transparent framework. The Meme Kombat presale has just surpassed $1 million – each MK token is selling for just $0.1667.
- eTukTuk (TUK) – Growth investors are raving about the upside potential of eTukTuk, which specializes in electric tuk-tuk vehicles. eTukTuk is more cost-effective and significantly better for the environment – two metrics that will appeal to drivers in the developing world. The eTukTuk presale is selling TUK tokens at just $0.0245 each. Just $160,000 has been raised so far, so investors can get in at the earliest stage possible.
- Manilla Finance (MNLA) – Centralized finance meets a decentralized ecosystem; Manilla Finance allows consumers to pay everyday bills with MNLA tokens. The project has partnered with hundreds of water and electricity suppliers, not to mention mobile networks and gift card providers. Manilla Finance has also built a peer-to-peer exchange, seamlessly connecting investors and borrowers.
- Bitgain (BGN) – Newly founded metaverse project with virtual experiences, including employment fairs, art gallery showcases, and themed meeting rooms. In-metaverse assets can be tokenized and secured by NFTs. Bitgain has just launched its presale, with BGN tokens selling for $0.007. BGN will then be listed on crypto exchanges at $0.025 – offering a 257% upside for early investors.
- Unigrid (UGD) – Building a new version of the internet through a decentralized blockchain network and cloud computing. Unigrid is challenging centralized internet service providers and Big Tech to solve data privacy and censorship issues. Anyone can rent their excess bandwidth and storage space to earn UGD tokens. The Unigrid presale will start on November 3, 2023 – 1.33% of the total supply will be sold at a huge discount.
- Tago (TAGO) – Based in Vietnam, this project utilizes blockchain technology and AI to improve mental health and well-being. Users purchase an NFT Soul and talk to an AI-backed counselor. Tago also connects users to mental health specialists in the real world. Its native token, TAGO, will be sold to presale investors in the coming days. Each TAGO token is priced at just $0.028.
- Propbase (PROPS) – Developing a brand-new marketplace for fractionized real estate, Propbase offers exposure to South East Asian properties from just $100. The project will source properties with established rental yields of between 8-12% annually. It also aims for 5-6% in capital appreciation. The Propbase presale will launch this week, offering PROPS tokens at $0.0032 each.
Best New Crypto Presale Projects: Our Analysis
Crypto presales are inherently risky. Some go on to generate significant returns while others never truly take off. Therefore, it’s crucial you do your own research before buying any presale tokens.
We’ll now take a much closer look at the best cryptocurrency presales for 2024. Read on for our full analysis and projections.
1. Sponge V2 (SPONGEV2) – Overall Best Token, Building on Past Success and Bringing Utility to this Memecoin Ecosystem
The original SPONGEV1 token was released in May 2023, during the long crypto bear market, yet still managed to give early investors 100x, build a dedicated community of 30,000 strong members, list on major centralized exchanges, and climb from a market cap of under $1m to be within touching distance of a $100m market cap.
Now, the Sponge meme coin is adding utility through a play-to-earn game featuring free and paid versions. In the paid version, users use the token to buy game credits, and then earn more $SPONGE while playing the game.
Those looking to join the Sponge ecosystem at this exciting presale stage can do so by buying presale tokens on the Sponge website. Sponge V2 will only be available through a stake-to-bridge mechanism, which allows both existing $SPONGE holders and those looking to join this vibrant community to do so in a fair way.
SPONGEV1 purchased in the presale will automatically be staked to the V2 contract, where they are permanently locked and start earning a variable APY. Presale participants will receive an equal amount of $SPONGEV2, plus their earned staking rewards upon the release of Sponge V2.
Holders of SPONGEV1 can lock their tokens in the contract to receive an equivalent amount of $SPONGEV2—which, similarly, remains locked and also earns them a variable APY.
The presale price of $SPONGEV2 will vary depending on the live price of SPONGEV1, ensuring a fair token migration through this unique stake-to-bridge mechanism. Those looking to find out more can read the Sponge whitepaper and join the vibrant Sponge community on Twitter, Telegram, and Discord.
Total Tokens | 150 Billion |
Tokens Available in Presale | 17 Billion |
Blockchain | Ethereum Network |
Token Type | ERC-20 |
Minimum Purchase | No Minimum |
Purchase With | USDT, ETH, Credit/Debit Card |
2. Bitcoin Minetrix (BTCMTX) – Stake-to-Mine Concept Revolutionizing Bitcoin Mining [Over $2.9 Million Raised]
Bitcoin Minetrix is our next pick on this list of new token sales. In a nutshell, Bitcoin Minetrix is revolutionizing the Bitcoin mining industry. Anyone can mine Bitcoin from home, simply by staking BTCMTX tokens. The project has developed a stake-to-mine concept that doesn’t require expensive hardware or any technical expertise.
The mechanics of Bitcoin Minetrix work like this. First, users need to purchase BTCMTX tokens from the open market. Presale investors get the best deal, as BTCMTX is being offered at a discount. Next, users need to stake their BTCMTX tokens, enabling them to earn ‘credits’. At any time, users can convert their credits into Bitcoin mining power.
This determines the user’s share of any Bitcoin mining rewards generated. Although this works similarly to a cloud mining operation, Bitcoin Minetrix stands out for several reasons. For a start, Bitcoin Minetrix is a decentralized project – meaning its mining ecosystem is controlled by BTCMTX holders.
Unlike traditional cloud mining, there is no requirement to trust centralized third parties. In addition, Bitcoin Minetrix offers full flexibility. Users can stake and unstake their BTCMTX tokens at any time. In contrast, cloud mining platforms typically have a long minimum holding period, often 12 months or more.
Bitcoin Minetrix is also suitable for all budgets – there is no minimum purchase or staking amount required. We found that most cloud mining platforms have high minimums, meaning casual investors are often left out. And of course, Bitcoin Minetrix also offers the opportunity to target long-term gains.
This is because, after the presale, BTCMTX tokens will be listed on exchanges. Their value will be determined by market forces, so there are no guarantees you’ll make money. But with a small market capitalization, increasing hype, and a presale discount; some investors believe BTCMTX could be one of the next cryptocurrencies to explode.
Details of the Bitcoin Minetrix presale are as follows; Each token is currently selling for just $0.0113 – but this will increase in the next 32 hours. Accepted cryptocurrencies include ETH, USDT, BNB, and MATIC. Credit cards are also accepted, but require a quick KYC process. So far, the Bitcoin Minetrix presale has raised over $2.9 million from investors.
Total Tokens | 4 Billion |
Tokens Available in Presale | 2.8 Billion |
Blockchain | Ethereum Network |
Token Type | ERC-20 |
Minimum Purchase | No Minimum |
Purchase With | USDT, ETH, BNB, MATIC, Credit Card (KYC Required) |
3. Meme Kombat (MK) – Play-to-Earn Betting Meets Meme Coin Battles and Staking Rewards
Meme Kombat has developed an innovative play-to-earn ecosystem that has the potential to go mainstream. In basic terms, two meme characters – such as Doge and Shiba, enter a virtual battle arena. Before the battle commences, players can enter wagers on who they think will win. Similar to an online sportsbook, odds are determined by the strengths of each character.
Each meme character has its own traits, moves, and combos. Battles will be interactive and random, as they’re generated by artificial intelligence (AI). What’s more, gaming outcomes are guaranteed for fairness, as they’re backed by smart contracts and blockchain technology. To access the Meme Kombat betting dashboard, users must stake MK tokens.
MK tokens are also used to place and settle bets. There are two wagering frameworks available on Meme Kombat. First, players can bet against the system with fixed odds. Second, players can compete with one another on a peer-to-peer basis. There will also be tournaments and other fun and immersive ways to win huge payouts.
The Meme Kombat presale was recently launched, although over $1 million has already been raised. MK tokens are currently priced at $0.1667 each. However, the price will increase within the next 32 hours. Therefore, investors need to move quickly to secure the lowest price possible. Meme Kombat accepts ETH, USDT, and BNB.
Total Tokens | 120 Million |
Tokens Available in Presale | 60 Million |
Blockchain | Ethereum Network |
Token type | ERC-20 |
Minimum Purchase | $5 |
Purchase With | USDT, ETH, BNB |
4. eTukTuk (TUK) – Invest in the Future of Emerging Market Transportation via Electric Tuk-Tuk Vehicles
eTukTuk is one of the best crypto presales to invest in the future of mobility. This innovative project is spearheading a green revolution in the emerging markets. It manufactures and distributes electric tuk-tuk vehicles to developing countries in Asia and Africa. According to the Guardian, demand for EV tuk-tuks is growing in countries like Thailand.
That said, the vast majority of tuk-tuks still rely on combustion engines. Not only are they noisy and bad for the environment, but expensive to run – especially with rising energy prices. eTukTuk offers an instant solution for drivers wanting a greener and more cost-effective alternative.
Its electric tuk-tuks are manufactured with sustainable and local materials. eTukTuk is currently rolling out vehicles in Sri Lanka, which is where the project is headquartered. Expansion to other regions will follow suit. eTukTuk has also developed a cryptocurrency token, TUK. This fuels the eTukTuk ecosystem and enables drivers to accept payments on the blockchain.
TUK operates on the Binance Smart Chain, which is one of the most energy-efficient networks. Investors wanting exposure to eTukTuk can buy TUK tokens at presale prices. Its recently launched presale has raised over $160,000 and TUK is currently being sold at just $0.0245. The eTukTuk presale accepts ETH, USDT, BNB, and credit cards (KYC required).
Total Tokens | 2 Billion |
Tokens Available in Presale | 120 Million |
Blockchain | Binance Smart Chain |
Token type | BEP-20 |
Minimum Purchase | 1 TUK |
Purchase With | USDT, ETH, BNB, Credit Card (KYC Required) |
5. Manilla Finance (MNLA) – Ecosystem Token Enabling Consumers to Pay Everyday Bills, Borrow Capital, and Invest
Manilla Finance is building a blockchain-based ecosystem that connects traditional finance with decentralized Web 3.0 products. Its native token, MLNA, enables consumers to pay everyday bills cost-effectively and transparently. This includes electricity and water suppliers on five continents. Not to mention over 800 mobile data providers in more than 180 countries.
MNLA can also be used to purchase gift cards; partners include Google Play, Amazon, and Apple. Manilla Finance will also offer a peer-to-peer exchange. This enables investors to lend their MNLA tokens for passive rewards. APYs of up to 15% are available.
Those looking to raise finance can borrow MNLA tokens through collateralized loans. The Manilla Finance presale aims to raise $4.3 million. So far, over $514,000 has been raised from early investors. Based on the Binance Smart Chain, MNLA tokens can be purchased for just $0.015 each. 20.5% of the 1 billion supply will be sold.
Total Tokens | 1 Billion |
Tokens Available in Presale | 205 Million |
Blockchain | Binance Smart Chain |
Token type | BEP-20 |
Minimum Purchase | No Minimum |
Purchase With | USDT, TUSD, BNB |
6. Bitgain (BGN) – Metaverse Experiences and NFT Trading With AI-Backed Security Protocols
Bitgain is one of the best crypto presales for exposure to the metaverse. It’s building various metaverse experiences, including virtual galleries for artwork, themed meeting rooms for conferences, and employment fairs. Bitgain also offers tokenized metaverse assets, backed and secured by NFTs.
Users can buy, sell, and trade NFTs on the Bitgain marketplace; transactions are fueled by BGN tokens. Bitgain claims to be one of the safest metaverse ecosystems, as security controls are backed by AI. Bitgain has just launched its presale campaign – early investors can secure a huge discount.
Right now, investors will pay just $0.007 per BGN. After the presale, BGN will be sold to IDO investors at $0.009. Once the fundraising campaign is over, BGN tokens will be listed on crypto exchanges at $0.025. Based on current presale prices, this offers an immediate upside of over 257%.
Total Tokens | 1 Billion |
Tokens Available in Presale | 63 Million |
Blockchain | Binance Smart Chain |
Token type | BEP-20 |
Minimum Purchase | No Minimum |
Purchase With | USDT, BUSD, BNB |
7. Unigrid (UGD) – Decentralized Internet Network for Complete Privacy and Anti-Censorship
Unigrid is the next presale cryptocurrency to consider today. Put simply, Unigrid aims to revolutionize how people navigate the internet. In its current form, internet usage is controlled by large centralized entities, such as service providers and Big Tech. This often results in data privacy concerns and censorship.
Ungrid removes these issues through its decentralized internet network. Operating on the cloud, anyone can provide Ungrid with bandwidth and storage space. In return, they’ll earn tokenized rewards – paid in UGD. At the other end of the transaction, those requiring decentralized internet space can use UGD for payment.
Therefore, Unigrid is one of the best crypto presales for real-world utility. The Unigrid presale will commence on November 3, 2023. 2 million UGD tokens will be sold at $0.30 each. This represents just 1.33% of the total supply. That said, additional funding rounds will be run. The minimum and maximum investment is $100 and $10,000, respectively.
Total Tokens | 150 Million |
Tokens Available in Presale | 2 Million |
Blockchain | Native |
Token type | Native |
Minimum Purchase | $100 |
Purchase With | USDT |
8. Tago (TAGO) – NFT Souls and AI Friends for Improved Mental Health and Wellbeing
Tago claims to be revolutionizing mental health and wellbeing via the blockchain. Users are required to purchase a unique NFT Soul, which is backed by AI. NFT holders can then talk to their AI counselor for personalized support and advice.
Tago is also launching a one-on-one service with real-world mental health specialists. Based in Vietnam, Tago claims to have over 303,000 users globally. This converts to more than 85,000 communications with an NFT Soul across 170+ countries. The Tago app has excellent reviews on Google Play – it’s rated 4.8/5.
It’s rated 5/5 on the App Store, but this is based on just 6 reviews. TAGO is the project’s ecosystem token, which can be earned by users when engaging with its services. Its upcoming crypto presale will offer TAGO at $0.028 per token. 19% of the total supply will be sold.
Total Tokens | 500 Million |
Tokens Available in Presale | 95 Million |
Blockchain | Binance Smart Chain |
Token type | BEP-20 |
Minimum Purchase | No Minimum |
Purchase With | BUSD |
9. Propbase – Tokenized Real Estate Platform Offering Exposure to South East Asia Properties
Propbase also makes our list of the best crypto presales to invest in. This project is building an online marketplace that offers exposure to the South East Asia real estate market. More specifically, listed properties will be fractionized into small units, enabling people to invest from just $100.
Propbase will focus on properties with a projected annual appreciation of 5-6%. It also aims for rental yields of between 8-12%, which is significantly higher than in the Western world. All real estate transactions are secured by the Aptos blockchain.
This ensures that transactions come with instant settlement times and near-zero fees. The Propbase presale will launch on November 3, 2023. Investors can buy PROPS tokens at just $0.0032 each. 25% of the total PROPS supply will be sold.
Total Tokens | 1.2 Billion |
Tokens Available in Presale | 300 Million |
Blockchain | Aptos |
Token type | APT |
Minimum Purchase | No Minimum |
Purchase With | USDT, USDC |
Our Methodology When Ranking the Best Crypto Presales
There are dozens of new crypto presales launching every month – we’ve ranked the top 9. Here’s an overview of our impartial research methods when analyzing the best presale projects.
- Project Objectives: We initially focused on the objectives of each presale project. We covered various project niches and goals, ensuring that presale investors are well diversified.
- Token Use Cases: Equally important to our methodology was the use case of the project’s native token. Without a use case, there is little reason to buy the token other than for speculation.
- Tokenomics: We also analyzed the tokenomics of each presale project. For example, the total number of tokens in supply and what percentage is being sold to presale investors. In addition, we assessed how the remainder of the tokens will be allocated by the project, such as marketing, staking, and operating expenses. We prefer presales that issue the vast majority of their tokens upfront, reducing the risk of a major dump.
- Hype and Broader Sentiment: We also gave priority to presales that are already proving popular with cryptocurrency stakeholders. We also examined popular social networks to assess sentiment. This included relevant Reddit groups, Telegram, and Twitter.
- Market Capitalization and Presale Upside: Another important metric is market capitalization. We prefer crypto presales with a small valuation, as this gives the project significant room for growth. Additional priority was given to presales offering a discounted entry price. This allows presale investors to secure an immediate upside before the tokens are listed on exchanges.
You can implement these research methods into your own investment thesis. This will enable you to choose the best crypto presales for your financial goals and risk tolerance.
What is a Crypto Token Presale? The Basics
Crypto presales – also called initial coin offerings (ICOs), allow investors to buy newly launched tokens before they’re listed on exchanges. Think of it like a stock IPO that offers shares before they’re added to the NYSE or NASDAQ. Just like IPOs, crypto presales are popular with growth investors.
Presales offer exposure to crypto projects from the ground up. This is like investing in Tesla in 2010 – when the firm was valued at just $1.7 billion. At its peak, Tesla was valued at over $1 trillion, highlighting the potential of IPO investments. This is much the same as crypto presales – most begin life with a small market capitalization.
As the crypto project reaches its roadmap targets, this is often reflected in its valuation. Crypto presales typically offer discounted prices to early investors. Some presales increase the token cost price incrementally. For example, the initial batch of tokens might sell for $1 each. After that, the next batch might sell for $1.25.
This incentivizes investors to complete their presale purchase at the earliest stage possible. Moreover, the best crypto presales offer an immediate upside. This is because, after the presale, tokens are usually listed on exchanges at a higher price. For example, suppose presale investors pay $1 per token.
Once the presale is over, the tokens are listed on exchanges at $1.50. This represents a presale upside of 50%, should the investor cash out after the listing. Crypto presales can offer huge upside potential, but the risks are inherently high. Not all projects achieve success after their presale, meaning investors can be left with worthless tokens.
A Closer Look at How Crypto Presales Work
Those new to crypto presales should understand how they work before proceeding. We’ll now take a much closer look at the end-to-end presale process.
Pre-Launch, Whitepaper, and Token Creation
Before the presale launches to the public, there are several steps to be aware of. First and foremost, the project will create a whitepaper. This should explain everything there is to know about the new project, such as what problems it solves and how it aims to achieve its goals.
The whitepaper should also explain the role of its proprietary token – including any use cases and real-world utility. A well-written whitepaper also covers the tokenomics. This includes the total supply of tokens, how many will be sold in the presale, and whether or not transactions are taxed.
Crucially, the whitepaper allows investors to make an informed decision on the upcoming presale. It should leave no stone unturned, ensuring investors can participate with their eyes wide open.
In addition, the project will create its new token before the presale commences. In the vast majority of cases, the token will be built on an existing blockchain. This is usually Ethereum or Binance Smart Chain, but other network standards can also be used. The newly created token will have a unique contract address. This is backed by an immutable smart contract.
The best crypto presales get their smart contract audited by reputable third parties. This ensures the smart contract doesn’t have any vulnerabilities, and that it can’t be changed by the project’s developers. For example, Bitcoin ETF Token has been audited by Coinsult; one of the leading smart contract auditors.
Crypto Presale Launch
The best crypto presales are launched to the general public – meaning anyone can invest. However, we should note that some projects offer a ‘private’ presale round. This is usually offered to institutional investors and influencers with a large following. The private round offers preferential pricing, but often requires a significant minimum investment.
Nonetheless, once the main presale commences, there are often various stages. As each stage passes, the presale price increases. This means that those investing early can secure a reduced entry price.
- For example, suppose stage 1 sells each token at $0.50.
- By stage 4, the tokens could be priced at $1.
- This means that stage 1 investors have already secured an upside of 100%.
In terms of the investment process, most presales only accept established cryptocurrencies. This often includes ETH, USDT, and BNB – but this varies depending on the presale. Due to anti-money laundering regulations, presales cannot directly accept fiat money. In doing so, this could also trigger issues with the SEC, as the presale could be viewed as an unregistered securities offering.
All that being said, some crypto presales have found a legal way around these restrictions. For example, Bitcoin ETF Token has partnered with a debit/credit card payment processor. The third-party processor conducts KYC on behalf of the investor, enabling them to use Visa or MasterCard.
Nonetheless, most investors use cryptocurrencies when investing in presales, as this offers privacy and anonymity. The investor connects their wallet to the presale website and chooses which cryptocurrency to use as payment. After entering an investment amount, the cryptocurrency tokens are transferred to the presale wallet.
After the Crypto Presale
Most crypto presales set a hard cap target. This is the maximum amount they aim to raise. Once the hard cap has been achieved, the presale is over. If the hard cap isn’t raised, the presale will close on a predetermined date.
Either way, investors usually receive their tokens after the presale has closed. The tokens will be transferred to the same wallet used to make the presale investment. This protects investors, as it prevents the tokens from being claimed by an unauthorized person.
The project will usually list its tokens on crypto exchanges a few days after the presale. Depending on how much hype was generated, the tokens could be listed on popular centralized exchanges like Gate.io or Kucoin. However, most projects initially opt for a decentralized exchange, as there are no listing requirements.
Uniswap and PancakeSwap are popular options, but other decentralized exchanges could be considered. Nevertheless, once the tokens are listed on exchanges, they can be traded in the open market. If lots of new investors decide to buy the token, it will likely increase in value. This secures even more profits for presale investors.
However, there is no guarantee this will happen. For whatever reason, presale investors might decide to sell their tokens after the exchange listing. If there isn’t enough buying pressure from new investors, the token could drop below its presale price. This is always the risk with new crypto presales – so investors should consider diversifying.
Should I Invest in Crypto Presales? Key Advantages
We cover the risks of crypto presales in a lot more detail further down. But first, let’s take a closer look at the benefits of becoming a presale investor.
Early Access to New Crypto Projects
The main concept of presales is that they allow investors to access brand-new projects from the ground up. The stock IPO analogy is a great example.
For instance, we mentioned earlier that Tesla held its IPO in 2010. This was a time when electric vehicles were still viewed as a ‘fad’. Nobody could have imagined just how successful Tesla would become. Those who took a chance during Tesla’s IPO would now be looking at gains of over 15,000%.
Let’s look at another example of how crypto presales offer access to new concepts.
Ethereum – which is now the second-largest cryptocurrency by market capitalization, held its presale in 2014. Ethereum introduced the ‘smart contract’ concept, meaning blockchain technology could be used to enter trustless agreements. Previous to Ethereum, cryptocurrencies were used solely for payment purposes.
The Ethereum presale was priced at $0.31, as per CoinCodex data. According to CoinMarketCap, Ethereum was priced at nearly $5,000 in November 2021. That’s an unprecedented increase of over 1.6 million percent. Crucially, investors took a chance on Ethereum’s smart contract vision – and it paid off handsomely.
Invest at the Lowest Price Point Possible
The best crypto presales offer preferential pricing to early investors. This incentivizes people to invest before the tokens are listed on crypto exchanges. Some presales increase prices as each batch of tokens sells.
This is similar to how venture capitalist (VC) investments work. Long before a startup is listed on stock exchanges, VCs will invest money at a low valuation. As each funding round passes, the valuation increases. This means early VC investors already have an upside. And then, once the startup goes public, it’ll be listed on stock exchanges at an even higher valuation.
In the crypto presale space, Tamadoge is a recent example of how early investors made significant gains. When the Tamadoge presale was first launched, TAMA tokens were being sold for just $0.01 each. After the presale, Tamadoge was listed on various crypto exchanges. Within a week, TAMA tokens peaked at almost $0.20. Therefore, stage one investors secured gains of nearly 20x.
Seasoned investors will always look to enter the market at the most favorable price. This is why presales are increasingly becoming popular, as early investors are rewarded with a reduced entry price.
Huge Upside Potential
Presales are typically run by brand-new projects that are just starting out. They require funding for their operations, which is why the presale offers favorable pricing. This can be compared to a real-world startup, which sells equity to early investors at a low valuation.
The result is that presale investors can target a huge upside potential once the tokens are listed on exchanges. In most cases, the project will be listed with a small market capitalization, offering plenty of room for growth.
- For example, Meme Kombat is selling 50% of its token supply to presale investors.
- The presale has a hard cap target of $10 million.
- If all MK tokens are sold, Meme Kombat will have a market capitalization of just $20 million.
- This is attractive to growth investors, especially considering that some play-to-earn cryptocurrencies are valued at over $1 billion.
Now let’s look at another example of how lucrative presale investments can be.
According to Coincodex, NEO held its presale campaign in 2015/16. The presale initially priced NEO tokens at $0.032. In early 2018, NEO hit an all-time high of $196.85. This means that early presale investors saw returns of over 615,000%. For every $1,000 invested, the NEO presale investment would have been worth $6.1 million at its peak.
In a more recent example, Lucky Block held its presale campaign in early 2022. LBLOCK tokens were priced at $0.00015 in stage 1 of the presale. After the presale, LBLOCK was listed on PancakeSwap. 1 month later, LBLOCK tokens peaked at $0.0096. This meant that stage 1 investors saw returns of over 6,300%.
As we explain later, there are many examples of crypto presales that haven’t performed well after their exchange listing. Some tokens actually see a decline after being added to an exchange – meaning presale investors lose money.
Choosing the Best Crypto Presales to Invest in: Top Tips
Finding the next Ethereum, NEO, or Lucky Block is no easy feat. There are many presales that launch each month; most will fail to live up to the hype. In addition to diversification, research and due diligence is crucial.
Here are some tips on how to choose the best crypto presales for your portfolio.
Scrutinize the Whitepaper and Assess the Project’s Goals
The only way to get a 360-degree understanding of how the presale project works is via its whitepaper. This should be accessible on the project’s website. As we discussed earlier, the whitepaper should be very comprehensive.
At a minimum, the whitepaper should inform you of:
- The objectives of the project and what existing problems it aims to solve
- The role of its native crypto token and its respective use cases
- The tokenomics – including the total supply, presale distribution, and the underlying blockchain network
- The roadmap objectives with clear target dates to achieve them
- The team behind the project and what relevant experience they have
We’d suggest starting with the objectives of the project. Just like investing in a new startup, you’ll want to understand what product or service is being developed. And whether or not there’s likely to be demand in the broader market.
Conversely, if you don’t understand what a presale project is looking to achieve or what existing problems it solves, it’s likely worth avoiding.
Understand What Use Cases the Crypto Token Offers
We came across many crypto presales that have grandiose objectives. But when we scrutinized the role of its native token, we often found that there are few use cases. This is an important distinction to make as a presale investor. If the token doesn’t have any real-world utility, why would people buy it? Crucially, the only motivation would be speculation.
A more effective strategy is to focus on presale tokens with identifiable use cases.
- For example, Meme Kombat has built a decentralized battle game that allows players to wager bets.
- The only betting currency accepted is MK tokens, native to Meme Kombat.
- What’s more, players need to stake a minimum number of MK tokens before they are eligible to bet.
- In simple terms, this means MK tokens have solid utility.
- In other words, people have a reason to buy MK tokens, should they wish to gamble on Meme Kombat battles.
Evaluate the Starting Market Capitalization
It’s also important to evaluate the market capitalization of the presale project. This is because some investors prefer presales with a small valuation. The reason is simple – small-cap cryptocurrencies have the potential to grow exponentially.
There isn’t a requirement for a significant inflow of new buyers. On the contrary, even low levels of buying pressure can result in sizable gains.
- This isn’t, however, the case with large-cap cryptocurrencies. For example, at its peak, Bitcoin was valued at over $1 trillion.
- For Bitcoin to grow by 10x, its market capitalization would have needed to reach $10 trillion, requiring substantial capital inflows.
- Now compare this to a crypto presale project valued at $5 million.
- Gains of 10x would mean the project is still worth just $50 million. And at 100x, just $500 million. This is why small caps are attractive.
Now, the market capitalization of a crypto presale won’t be known until the fundraising campaign is over. This is because the market capitalization depends on how many tokens were sold – as only the circulating supply should be considered.
Moreover, you’d also need to know what price the tokens will be listed at once added to exchanges.
For example:
- Let’s say a presale project creates 1 billion tokens. It aims to sell 40% of the total supply, so that’s 400 million tokens.
- We’ll say the project sells just 20% or 200 million tokens.
- The tokens will be listed on crypto exchanges at $0.10 each.
- This means the project has a market capitalization of $20 million (200 million tokens x $0.10)
As a side tip, if the project sells its entire presale allocation – this is a very good sign. This could result in new investors buying the tokens once they’re listed on exchanges. After all, a sold-out presale can create hype and FOMO (fear of missing out).
Broader Market Sentiment
Crypto presales can have solid fundamentals – such as a strong whitepaper, a unique product, and plenty of token use cases. However, the crypto markets are irrational. Oftentimes, the most successful crypto presales are based on hype, rather than fundamentals.
Therefore, it’s important to do some due diligence on how the broader markets perceive the presale. For example, if the presale is trending on social networks like Reddit and Twitter, this is a major positive. Similarly, if the presale is picked up by multiple news websites – this is also a good sign.
Another way to gauge sentiment is to evaluate how much progress the presale is making. For example, if the presale has raised more than 50% of its hard cap target in the first week, this shows that investors are bullish. Conversely, if the presale is struggling to take off, the markets likely aren’t convinced of its potential.
Ultimately, it’s wise to follow trends when investing in crypto presales. Even if the project doesn’t have any identifiable use cases – hype and FOMO often result in significant gains.
How to Find New Presale Launches: Best Practices
We’ve covered the benefits of investing in crypto presales and what to consider when choosing suitable projects. Next, we’ll discuss where to find new cryptocurrency presales to invest in.
Social Media
Social media is an effective way to find the best crypto presales. If a presale is trending and generating hype, it will likely have a strong presence on the leading social networks.
For example, consider using Twitter hashtags to see which crypto presales are creating a buzz. You can try keywords like ‘crypto presale’, ‘crypto ICO’, or ‘new crypto launch’. Focus on Tweets with a large number of likes and comments. Then, assess what people are saying about the project. If the broader sentiment is positive, check out the presale’s whitepaper.
In addition, Reddit is also useful for finding trending presales. Initially, you can try searching for ‘presales’ and see what recent threads have been created. Once again, focus on threads with high engagement levels.
Alternatively, you can also explore relevant Reddit groups. For example, the r/CryptocurrencyICO has over 185,000 members. This is dedicated to new and existing presale campaigns – so you’ll have access to the latest launches.
r/CryptoMoonShots has an even larger audience with over 1.9 million members. This Reddit group focuses on small-cap cryptocurrencies that could explode. Many are related to recently launched presales.
Presale Listing Websites
Next, check out some of the leading presale listing websites. These list upcoming and existing presales, alongside their respective stats. For example, the date of the presale, how much is being raised, and which cryptocurrencies are accepted for payment.
Two of the most popular presale listing websites are:
You can also check out CoinMarketCap, which has a small directory of upcoming ICOs. Listing websites should be used as a starting point. Investors should follow the best practices we discussed earlier, such as scrutinizing whitepapers, assessing the tokenomics, and researching use cases and utility.
Crypto YouTube Channels
YouTube is also a great source when searching for new crypto presales. Some analysts focus exclusively on new projects, allowing their subscribers to discover presales before the broader markets.
For example, Jacob Bury looks for presales that have the potential to explode. Bury aims for growth of at least 10x and likes to invest at the earliest presale stage possible. This ensures that the lowest entry price is secured.
That said, Jacob Bury still has just 23,200 subscribers. Therefore, it’s also worth exploring crypto YouTube analysts with a much larger following. If they personally recommend a new presale, this could generate significant hype. Ultimately, the more exposure a presale has on social media – the better.
What are the Risks of Crypto Presales?
We’ve established that crypto presales are attractive for the huge upside potential available. However, they’re also inherently risky. Make sure you consider the following risks before proceeding.
Token Price Declines Will Result in Financial Loss
Crypto presales are like investing in small-cap stocks. If you’re fortunate enough to pick a startup that becomes a large-cap behemoth – you’ll make sizable gains. But most small-cap stocks fail to deliver – leaving investors with double-digit percentage losses.
This is much the same as investing in crypto presales. One way this can happen is if presale investors sell their tokens as soon as they are listed on exchanges.
Without sufficient buying pressure to counter sellers, the value of the presale token will decline. In fact, it can decline below the presale price you initially paid. Therefore, you should remember that you can lose some or even all of your presale investment.
Some Presales are Scams
An increasing number of crypto presales turn out to be scams.
- The idea is simple – the presale will make bold claims about its unique product or service, alongside the many problems it solves.
- This attracts millions of dollars from investors who buy into the project.
- The presale developers will then disappear with investor funds.
- In some cases, they’ll wait until the exchange listing, so they can also dump their own presale tokens.
- Investors are then left with worthless tokens – without any chance of recouping their losses.
Many crypto presales are run by anonymous founders. This means that investors have nowhere to turn if they end up being scammed.
Liquidity Issues
We mentioned earlier that some of the best crypto presales are small-cap projects. This is because investors can target much higher gains when compared to large caps. However, small-cap presales will often struggle to attract enough liquidity when listed on exchanges.
This means that while you could be in profit, you might not be able to find a buyer when it’s time to sell. You might need to sell at a much lower price to get the trade through. This could mean selling at a loss.
Wallet Hacks
Another risk is that scammers prey on presale investors. They’ll try various schemes to gain access to the investor’s wallet. If successful, they’ll dump the presale tokens as soon as they’re listed on exchanges.
- For example, presale beginners will often ask for help on social media websites, such as Twitter and Reddit.
- A hacker – pretending to be a representative of the presale, will then message the investor.
- They’ll convince the investor to click a link or share their wallet details.
- At this stage, the investor will lose their entire wallet contents.
Another method is that hackers create fake groups on Telegram – impersonating the presale project. They might then claim to have a new wallet address for presale investments. Any cryptocurrencies that are sent to this address will be kept by the hacker.
Just be cautious when investing in presales. Avoid talking to strangers and never share any sensitive information. If you receive a private message from an unknown user of Telegram or Reddit – block them instantly.
Are Crypto Presales Legal?
The legalities of crypto presales will vary widely depending on the jurisdiction. For example, the SEC has charged many ICOs and presales, typically citing an “unregistered offering of crypto asset securities”. This is why many presales claim to not accept US investors. However, enforcement of these rules is virtually impossible.
This is because the majority of crypto presales offer an anonymous investment experience. Presale investors aren’t required to give any personal information – as they’re investing digital assets. They simply need to connect a private wallet to the presale website and transfer an accepted cryptocurrency.
Only when fiat money payments are involved will KYC processes be deployed. All that being said, crypto presales largely remain in a regulatory gray area – as explained by the International Bar Association. This is because regulators do not view cryptocurrencies as legal tender. And hence, they’re unregulated financial products.
This allows presale projects to stay under the radar. In contrast, if a startup were to raise traditional capital from investors, they’d need to be registered accordingly. This ensures that investors are protected by conventional securities laws. As explained by the UK’s FCA, crypto ICO investors do not benefit from any consumer protections.
How to Invest in Cryptocurrency Presales?
Here’s a general step-by-step overview of how to invest in a crypto presale:
- Step 1 – Get a Crypto Wallet: Investors are usually required to connect their private wallet to the respective presale website. If you don’t currently have a wallet, consider MetaMask. It’s used by over 30 million people and can be downloaded as a browser extension or mobile app. The vast majority of presales are compatible with MetaMask.
- Step 2 – Add Crypto to Wallet: You’ll need some crypto in your wallet before you can connect to the presale website and invest. But first, you’ll need to check which cryptocurrencies the presale accepts. This is usually ETH, USDT, and/or BNB – but check nonetheless. Then, buy the respective cryptocurrency from an exchange and transfer the tokens to your private wallet.
- Step 3 – Connect Crypto Wallet to Presale Website: Next, visit the crypto presale website of your choosing. Look for the ‘Connect Wallet’ button. Select the provider (e.g. MetaMask) and authorize the connection via your wallet.
- Step 4 – Set up Presale Investment: You’ll need to provide two pieces of information to the presale website. First, the cryptocurrency you want to use as payment. For example, ETH or USDT. Second, the number of presale tokens you want to buy.
- Step 5 – Confirm Presale Investment: The final step is to confirm the presale investment. You’ll need to do this from your private wallet. After you authorize the transfer, the cryptocurrencies will be sent to the presale wallet address.
You can usually claim your tokens after the presale has finished. They’ll then be transferred to your private wallet.
Conclusion
In summary, crypto presale investments can result in unprecedented gains. But presales are also risky, so never invest more than you can afford to lose.
Sponge V2 ($SPONGEV2) is one of the top new cryptos right now. This is a new and upgraded version of the Sponge ecosystem. Using the stake-to-bridge mechanism, Sponge is briding V1 tokens with the newly launched V2 token. Investors can access high staking yields and P2E gaming rewards.
References
- https://www.curacao-egaming.com/
- https://www.theguardian.com/world/2023/jan/19/thailands-tuk-tuks-go-green-amid-rising-demand-for-electric-models
- https://www.barrons.com/articles/tesla-10-anniversary-ipo-electric-vehicles-elon-musk-51593437846
- https://www.finra.org/rules-guidance/key-topics/aml
- https://www.sec.gov/securities-topics/ICO
- https://www.cnbc.com/2021/02/19/bitcoin-hits-1-trillion-in-market-value-as-cryptocurrency-surge-continues.html
- https://www.reddit.com/r/CryptocurrencyICO/
- https://www.sec.gov/spotlight/cybersecurity-enforcement-actions
- https://www.swift.com/your-needs/financial-crime-cyber-security/know-your-customer-kyc/kyc-process
- https://www.ibanet.org/article/D176FAAD-1F5E-4107-A94C-CB1B0FF08D34
- https://www.reuters.com/technology/imf-lays-out-crypto-action-plan-recommends-against-legal-tender-status-2023-02-24/
- https://www.fca.org.uk/news/statements/initial-coin-offerings
FAQs
What is the best crypto presale to invest in now?
Bitcoin Minetrix ($BTCMTX) is one of the best crypto presales to invest in now. Once the platform is launched, token holders will be able to stake their $BTCMTX tokens to earn Bitcoin cloud mining credits. These can then be burned to earn cloud mining time for mining the world’s largest cryptocurrency.
Another top cryptos to invest in right now is Sponge V2 ($SPONGEV2). This is a new token version of Sponge, and offers a unique staking model and passive income-earning opportunities.
Is buying crypto presale worth it?
Crypto presales should be viewed similarly to micro-cap stocks. Although they’re inherently risky, crypto presales offer a significant upside potential.
How to find crypto presale?
To find the best crypto presales, check out social media networks like Reddit and Twitter. YouTube is also a great source, as some channels specialize in new crypto launches.
What are the risks of crypto presale?
The main risk of crypto presales is that you could lose some or all of your money. Some presales turn out to be scams, while others simply capitulate in value.
How do I know if my crypto presale is legit?
Reading the whitepaper and doing due diligence on the presale developers can help you avoid scams. You can also assess whether the presale smart contract has been audited by a reputable third party.
When is the Lunaone crypto presale?
There isn’t a Lunaone token sale available. Lunaone has been trading on exchanges since November 2022.
When is the Crypto Vault presale?
There isn’t a Crypto Vault presale scheduled, nor does this project have a native token to buy.