Solana presales are the best way to get hold of some new crypto coins at a lower rate, before the ICO kicks in. Why Solana, though? Because it’s one of the most fertile crypto ecosystems today. While the native token is still going strong, Solana created dozens of new crypto projects that went viral, brought revolutionary technology or simply made its owners rich.
In this guide, I reveal the some of the best Solana presales that could explode in 2024. Read on to discover undervalued Solana projects before they blow up.
List of the Best Solana Presales for Crypto Investors
The 5 best Solana presales for 2024 are listed below:
- Base Dawgz – The overall best Solana presale with $2.2 million+ raised, available on five blockchains
- Mega Dice Token – One of the first tokens to offer daily payouts based on a casino’s performance
- Matrix.One – New Solana ICO bringing the human touch to AI, backed by Animoca Labs
- Snappe – Pepe-inspired meme project in the final presale phase, a minimum investment of just $20
- Weedcoin – Harnessing the power of stoner culture, this coin aims to compete with Beercoin and features a P2E game
Full Analysis of The Best Solana ICOs
I’ll now discuss the best Solana ICOs in a lot more detail. Read on to discover which projects have the best chance of producing 100x gains.
1. Base Dawgz – The Overall Best Solana Presale to Invest in 2024
In my view, Base Dawgz is the best option for Solana presale investors. It’s a new multi-chain meme coin, natively available on Base. But thanks to its base jumping skills – on top of blockchain bridging technologies – it hops on Solana, as well as on Ethereum, Binance, and Avalanche seamlessly.
More than $2.2 million has already been raised, proving meme coin traders and investors are still looking for undervalued Doge-themed gems to buy before everyone else. And, to be honest, the Doge mascot, along with its base jumping meme friends does look appealing, displaying strong viral potential.
Where most crypto projects use staking rewards to incentivize early purchases, Base Dawgz is betting on its community. With share-to-earn and refer-and-earn mechanics, community members who share $DAWGZ memes and related content on X earn points, redeemable for $DAWGZ tokens. Those who refer other investors earn 10% in USDT of the invested amount. This could be an excellent way to earn rewards while spreading the word about this exciting new Solana presale.
2. Mega Dice Token – Regulated Gambling Site With Daily Rewards and Exclusive Bonuses
I found that Mega Dice Token is one of the best Solana presales for gaining exposure to blockchain gambling. Unlike many presale projects, Mega Dice is behind an established and profitable business. It has more than 50,000 players and averages $50 million in monthly gambling revenue. What’s more, Mega Dice is a regulated casino with a Curaçao gaming license.
The Mega Dice gambling suite includes video poker, dice, slots, blackjack, roulette, and more. Live dealers and sports betting are also supported. Mega Dice is also popular for its smooth payment systems; player withdrawals are processed instantly. The Mega Dice Token, $DICE, offers a range of benefits for holders.
For instance, Mega Dice injects some of its net gambling revenues into a staking pool. This means $DICE holders receive daily payouts at attractive APYs. Holders also get exclusive bonuses and have access to a generous referral program. Not to mention exclusive NFTs with additional use cases. The Mega Dice Token presale is currently priced at $0.069 per $DICE.
3. Matrix.One – Decentralized AI Protocol for Developers Adding that Human Touch to AI
We’ve come a long way from Clippy and his endless positivity. AI chatbots are becoming more and more indistinguishable from a not-so-helpful human agent. Still, we are not quite at the stage of creating deep, meaningful connections that break out of the uncanny valley. Now, a new Solana ICO aims to change this.
Matrix.One wants to democratize the creation, ownership, and use of AI-powered characters. They will be immersive, accessible, interactive, decentralized, and interoperable. This is one of the SOL projects that wants to move past simple AI chatbots or agents and into the future, where AI characters are our partners and guides in our day-to-day lives. Sounds very Ex Machina!
At the moment, you can get early access to the project before its official launch date. I’ve also seen that they are backed by Animoca Labs, the team behind The Sandbox and other metaverse titles so this could shape up to be a very promising project.
4. Snappe – Pepe-Inspired Meme Project in the Final Presale Stage
Next on this list of Solana crypto presales is Snappe. This is another project that’s capitalizing on the meme tokens craze. It plays on cryptos’ favorite frog with a snappy crocodile mascot and comes with a maximum supply of just over 3.7 billion tokens. 1 billion SNAPPE tokens will be sold to presale investors.
It’s worth noting that the Snappe presale is in its final stage. The tokens will be listed on decentralized exchanges in the coming days. Unlike other presales, Snappe doesn’t allow investors to enter a purchase amount. Instead, you need to choose from what’s available: $20, $50, $100, $250, $500, and $1,000.
These small limits ensure a fair distribution of presale tokens. After choosing a purchase size, you’ll be redirected to a Coinbase Commerce page. You can pay for the presale investment with a Coinbase account balance or a self-custody wallet. Once payment is made, return to the Snappe presale website to claim the tokens.
5. Weedcoin – Stoner Culture Meets Degen Trading with this New Mary-Jane-Inspired Coin
Next up on our list is a coin that’s all about the green — and no, for once, I don’t mean money. Weedcoin ($WEED) merges stoner culture with the crypto meme community.
While the token may feature a laidback mascot, the team is an active bunch. Weedcoin’s roadmap features community events, airdrops, a WEEDtap game, NFT collections, and CEX and DEX listings.
Not surprisingly, the token supply is 420,420,420,420 tokens. You can buy Weedcoin tokens through the now common “straight-to-wallet” presale style. While I’m not always a fan of sending tokens to an address, the website and team are quite transparent about the project, and it has the potential to capture the hearts of both degens and stoners alike. However, the smart contract has not been audited, so proceed with caution!
The WEEDtap game also looks promising, a simple gardening game where you can grow your cannabis plants and earn WEED tokens in the progress – all above the law too!
Should I Invest in New Solana Coins?
The Solana network has seen a huge surge in transactional activity lately. Much of this is related to new token launches, including presales. So that begs the question – are Solana presales worth investing in?
Let’s explore the investment thesis in more detail.
Invest in New Solana Blockhain Projects Early
Solana presales enable you to invest in brand-new projects. In essence, presale investors are similar to venture capitalists. They invest in new startups before the general public. This is beneficial for many reasons. For example, Solana presales offer their tokens at favorable prices.
Oftentimes, presale prices increase during later rounds. This means early investors get an immediate upside. For instance, suppose you invest in round one at $0.1 per token. In round two, the presale price might increase to $0.2. This means you’ve already secured a 100% upside.
High Upside Potential for Presale Investors
Solana presale investors aren’t interested in making small gains. On the contrary, many presale investors target growth of at least 10x. Some have even higher profit targets. Presales are ideal for achieving these goals. This is because most Solana presales are micro-cap cryptocurrencies.
For example, consider a Solana presale that raises $500,000. It sells 50% of the total supply to presale investors. This means the presale has a fully diluted market capitalization of just $1 million. So, if the project generates hype and increases by 20x, it’s still only worth $20 million.
Short-Term Trading Opportunities
Solana presales are largely aimed at speculative traders. This means presales offer short-term trading opportunities. If the presale is a success and it has a strong marketing campaign behind it, rapid gains can be generated within days of the exchange listing.
For example, according to Trust Wallet, the Book of Meme launched at $0.0000496 after its presale. Within two days of its launch, Book of Meme reached $0.02805. This means presale investors made over 56,000%. This shows how lucrative Solana presales can be when choosing the right project.
However, do note that most Solana presales will fail. Many are outright scams, meaning you’ll be left with worthless tokens. Always acknowledge the risks before proceeding.
Seamless Investment Process
Unlike traditional investment vehicles, such as Angel investing or stock IPOs, Solana presales are inclusive. They’re accessible on a global basis, no matter the investor’s location or budget. This is because Solana presales deal with wallet payments. So, as long as you have some crypto available, you can easily invest in a presale.
While most Solana chain presales only accept SOL, some campaigns also support other cryptocurrencies. For example, the Base Dawgz presale accepts some of the best altcoins, including ETH, USDT, USDC, BUSD, AVAX, SOL, and BNB. This ensures the presale is accessible on a much wider scale.
Where to Find the Best Solana Projects?
While the number of new Solana presales continues to rise, finding them can be challenging. I found that one of the best strategies is to use X. Searching for ‘Solana presale’ or ‘Solana ICO’ will usually yield plenty of results. These are often brand-new Solana presales, too. This means you can secure the best entry price.
In addition, some Solana presales advertise on popular data aggregation websites. This often includes DexTools, DexScreener, and Bird Eye. It’s also worth checking presale listing websites like ICOBench. Their presale listings are updated regularly, so you might discover some of the best new cryptocurrencies to buy.
Tips on Selecting the Best Solana Presales to Invest in
Anyone can create a Solana presale. In today’s speculative climate, it’s just a case of creating a basic website and an X page. Gone are the days of needing a whitepaper, a team of advisors, and roadmap objectives.
With this in mind, selecting the best Solana presales to invest in is complex. Read on for some tips on how to find suitable presale projects.
Due Diligence
Conducting due diligence is crucial before assessing the presale potential. After all, the initial objective is to ensure you avoid being scammed. Unfortunately, many Solana presales are run by anonymous teams. This makes the due diligence process even harder.
To give yourself the best chance of investing in a legitimate presale, do some digging on the project’s smart contract. At a minimum, ensure the smart contract has been audited by a reputable company. Examples include Hacken, Consensys, Solidproof, and CertiK. These auditors ensure that smart contracts are free from vulnerabilities.
Put otherwise, it ensures that the presale owners can’t make unfavorable changes to the contract code. I also prefer presale projects that ‘renounce’ their smart contract. This means the smart contract is final and immutable, so can never be amended.
Tokenomics
The best Solana presales have transparent tokenomics. This determines key fundamentals surrounding the new token. For a start, assess how many tokens are being issued by the project. Most opt for at least 1 billion tokens. That said, the specific total is arbitrary.
The most important factor is whether or not the total supply is fixed. If it isn’t, then the developer can create an unlimited number of new tokens. This reverts to the contract due diligence I mentioned above.
- You’ll also want to know what percentage of tokens will initially be launched – the more, the better.
- For example, suppose the total supply is 100 billion, but only 10 billion are in circulation.
- This means the developers hold 90% of the total supply, which can be ‘dumped’ at any time.
- Therefore, focus on presales that issue the majority of their tokens upfront.
Some investors also prefer Solana presale tokens without tax. This enables traders to buy and sell tokens without paying a fee. This should be stated in the tokenomics.
Look for Utility
While most new Solana presales are meme coins, you’ll also find projects with utility. These are projects that have developed a use case for their tokens. In the long run, projects with use cases offer the greatest upside potential.
For example, $DICE tokens are native to the Mega Dice casino and sportsbook. This is a regulated gambling site with over 50,000 players. Those buying $DICE tokens get unique bonuses, daily staking rewards, and other perks. This is in addition to profit potential once $DICE lists on exchanges.
I do like meme coins for their speculative nature, but most are good for shorter-term investments in comparison to utility-focused tokens. Interested in Meme Coins? Be sure to check out our picks for the Best Solana Meme Coins!
Social Community
Some of the best crypto presales have growing communities on social media. This is typically a good sign. After all, community-building skills are crucial for presales to go viral. A sizable community often means a high number of token holders. This can help build exposure on social channels, as token holders will often promote the projects they’re invested in.
With this in mind, visit the presale’s X page and see how many followers it has. Check engagement levels to ensure the followers are real people and not bots. Some presales have an active Telegram group, too. Similarly, you’ll want to check how many members the group has and how active it is.
I found that Base Dawgz has done a great job in building its community. Not only does Base Dawgz have over 4,000 X followers. But its posts get good engagement levels, not to mention thousands of views per post.
Is it Safe to Invest in Solana Presales?
Investing in Solana ICOs is a high-risk investment strategy. I can’t stress enough that many crypto ICOs are scams. There are no investor protections, so if something goes wrong, you’ll have nowhere to turn. In addition, most Solana presales have anonymous teams. This means there’s no accountability.
These are the risks you must take when investing in presales. Crucially, the risks are built into the upside potential – as presales can increase by 100x or more. But only a small number of presales achieve these kinds of returns. Knowing which projects will be successful is a lottery – so diversification is important.
Never invest your entire bankroll into one presale project. Split your funds across many presale campaigns to reduce the risks. For example, let’s say you’ve got $3,000 to invest in Solana presales. In this instance, consider allocating $300 to 10 different projects. Just one presale investment needs to go viral to see substantial returns.
Diversification is just one strategy to stay safe when investing in presales. Ensure you’re using a secure crypto wallet when making investments. Avoid clicking on links from unknown people – especially on Telegram and Reddit. Most importantly, only invest amounts that you’re comfortable losing.
Step-by-Step Guide on How to Invest in Solana ICOs
I’ll now explain how to invest in Solana ICOs. Just make sure you’ve conducted adequate due diligence and that you understand the financial risks.
Step 1: Get a Secure Crypto Wallet That Supports SOL Tokens
You’ll need a secure crypto wallet before investing in presales. This is because presale investments are made via wallet transfers. The wallet should support the Solana network. It should also support custom tokens. This ensures you can store the presale tokens in the wallet. If you don’t already have a Solana wallet, be sure to check out our article on The Best Solana Wallets.
My top pick is Trust Wallet, as it’s secure, free, and supports over 100 networks – including Solana. This means you use Trust Wallet to store all of your crypto investments. Trust Wallet comes as a browser extension and mobile app. Visit the Trust Wallet website and download a wallet to your preferred device.
Step 2: Add SOL to Your Crypto Wallet
The next step is to add SOL to your crypto wallet. If you’re using Trust Wallet, you’ve got three options:
- If you already have SOL in another wallet, transfer the Solana coins to your Trust Wallet address
- If not, you can buy SOL from most online exchanges. You can then transfer the coins.
- You can also buy SOL from Trust Wallet, although this is the more expensive option.
Step 3: Complete Solana Presale Investment
Once SOL is in your crypto wallet, you can complete the presale investment. This process can vary depending on the project.
For example, Base Dawgz and Mega Dice Token have a presale widget on their websites. Investors connect their wallets, choose an investment amount, and confirm. This is a more professional approach to presale investing.
That said, an increasing number of Solana presales are opting for a crypto airdrop process. Investors must directly send SOL coins to the presale wallet address. The new tokens are airdropped to investors once the presale is over.
Conclusion
Solana chain presales offer unprecedented upside potential. However, many presale campaigns are scams, so diversification and risk management are imperative.
Overall, Base Dawgz is my top presale pick. With over $2.2 million raised, Base Dawgz continues to attract speculative investors and meme coin enthusiasts.
See Also:
FAQs
What is the Best Upcoming Solana Crypto Presale?
Are Solana ICOs Safe?
How do you Invest in Solana Presales
References
