13 Best Crypto Presales to Invest in Now August 2024 – Top Token Presale

Welcome to our curated selection of the best crypto presales. While presales in crypto can be risky, investing in the right project can yield significant gains, which is why we put together this presale crypto list. Ethereum, Tezos, and Filecoin are just a few examples of presales that have gone on to explode in value.

This guide explores the best crypto presales to consider in 2024. Read on to discover the next 1,000x presale campaign to add to your portfolio.

Our Picks for the Top Crypto Presales

Reviewing the Top New Cryptocurrency Presales

Extensive research is crucial when selecting the best token sales for your portfolio. So get your reading glasses on and read on to discover more about the top crypto projects vying for your attention.

1. Pepe Unchained ($PEPU): Ethereum Layer 2 Scaling Solution with a Staking Yield of Over 500%

First on our list of best crypto presales is Pepe Unchained ($PEPU). This token combines layer-2 blockchain technology with meme coin virality to make a light, fast ecosystem all focused around crypto’s favorite frog. Pepe the Frog is one of the top cryptocurrency memes, and now he has his own blockchain. This can foster an entire Pepe ecosystem in the crypto space.

By building on Ethereum, Pepe Unchained can enjoy the security and EVM-compatibility of the second-largest blockchain. However, by building an L2 scaling solution, Pepe Unchained can offer faster and cheaper transactions that aren’t possible on Ethereum.

The project also offers impressive staking rewards, made possible by the layer-2 crypto and blockchain technology. Currently, staking rewards are at 500% per annum, one of the highest on our list. Staking rewards will be highest during the meme coin presale and then will drop over time, so it’s recommended to act fast if you want to reap the highest rewards. Only launched a few days ago, the cryptocurrency project has already raised over $3.7 million, showing a clear appetite for this presale meme coin.

You can buy $PEPU tokens using ETH, BNB, USDT, and card at the moment. Check out our guide on How to Buy Pepe Unchained.

• Presale project: Pepe Unchained ($PEPU)
• Raised so far: $3.7m+
• Blockchain: Pepe Unchained
• Token type: ERC-20
• Accepted payment methods: ETH, BNB, USDT, and credit cards (KYC required)

Visit Pepe Unchained

2. Crypto All-Stars – Stake the World’s Best Meme Coins on a Single Crypto Platform

Crypto All-Stars ($STARS) is an innovative meme project that is creating a single ecosystem through which the world’s best meme tokens can be staked. $STARS, the native token, will be offered as a staking reward on the upcoming ‘MemeVault.’

The MemeVault can be used to stake a number of popular meme tokens – such as Dogecoin, Milady, Pepe, Shiba Inu, and Bonk. Over time, rewards will be paid in the native currency, $STARS. Furthermore, users that hold $STARS can get 3x the regular staking rewards. 

Currently, $STARS is available to buy on presale for just $0.00138 per token. In only a few days, the successful presale has raised more than $336K. 20% of the total supply will be distributed through the presale. The innovative staking mechanism can help make Crypto All-Stars one of the biggest presales in 2024. 

For more information, read the Crypto All-Stars whitepaper and join the Telegram channel. 

• Presale project: Crypto All-Stars
• Raised so far: $336K
• Blockchain: Ethereum
• Token type: ERC-20
• Accepted payment methods: ETH, USDT, BNB, Card

Visit Crypto All-Stars

3. Base Dawgz ($DAWGZ): Base-Built Meme Coin with Multi-Chain Support

Base Dawgz is one of the hottest new meme coin presales of the year, raising over $2 million in its first couple of weeks. The multi-chain meme coin is already being called the next 100x token on Base by analysts like Jacob ‘Crypto’ Bury.

The new crypto project Dawgz presale is set to accelerate even more thanks to the project’s unique share-to-earn incentive system. Presale investors can link their X account to the presale and then earn tokens when they reshare content from the Base Dawgz X account. Tokens can be redeemed for airdropped $DAWGZ tokens at the end of the presale.

Base Dawgz is built on Base, the up-and-coming Ethereum Layer-2 created by Coinbase. It’s home to some huge meme coin launches, including $BRETT – which rocketed 120x over the past 3 months. $DAWGZ is looking to replicate that success, and it’s on track to do so.

Plus, $DAWGZ is launching simultaneously on Ethereum, Avalanche, Binance Smart Chain, and Solana. Traders will be able to move $DAWGZ seamlessly between chains, making it even more valuable.

• Presale project: Base Dawgz ($DAWGZ)
• Raised so far: $2.4M+
• Blockchain: Base
• Token type: ERC-20
• Accepted payment methods: ETH, BNB, AVAX, SOL

Visit Base Dawgz Presale

4. PlayDoge ($PLAY) – Top Crypto Presale, Raised Over $5m and Offers High Rewards

PlayDoge also makes our list for the best presale cryptos on our presale crypto list. It is a new crypto project with a promising presale on the BNB Smart Chain and has raised over $5.3 million so far.  The play-to-earn (P2E) game fuses together the viral Doge meme with the iconic Tamagotchi game. Players stand to earn $PLAY tokens while tending to their digital pet.

Recently, dog-themed meme coins like Floki and Dogecoin have seen huge rallies. This fun and playful 2D virtual pet is bringing utility to the meme market, which could lead to FOMO from degen traders looking to seize the next big crypto opportunity.

With ties to the BNB network, there could be a future Binance listing once its presale ends. Overall, 50% of its 9.4 billion total supply is reserved for this process. PlayDoge also makes our top Meme Coin List.

12% of the allocation has been set aside for staking, with rewards available through the ETH and BNB chains. Stakers can receive a 110% APY (Annual percentage yield) by staking $PLAY on ETH, and a 75% APY for staking on the BNB chain.  Follow the PlayDoge project on X (Twitter) and via its Telegram channel.

• Presale project: PlayDoge
• Raised so far: $5.3m+
• Blockchain: Binance Smart Chain
• Token type: BEP-20
• Accepted payment methods: ETH, USDT, BNB, Card

Visit PlayDoge

5. Meme Games ($MGMES): Top Crypto Presale With Gamified Bonus and Staking Rewards

The Meme Games ($MGMES) is one of the best presale cryptos to buy in 2024 because of its rewards. Every time you buy $MGMES tokens, you select a meme character, such as Pepe or Doge, and you let them race in a 169m dash. If your meme athlete wins, you get a 25% token bonus on top of your purchase.

Each race is randomized and fair, giving every meme character equal chances to win. If you like to try again, you will need to make another $MGMES purchase. True to the spirit of the 2024 Summer Olympic Games, the presale will last throughout the summer and end in September.

Investors can decide whether to stake their tokens – including their winnings – and earn a generous annual percentage yield of over 900%. This APY will drop in time, giving early investors the biggest rewards.

For this presale meme coin, those who stake will wait seven days after the presale ends to claim their tokens, while those who don’t stake can claim them right away. You can buy $MGMES tokens using ETH, BNB, USDT, and a card at the moment. We have a guide on How to Buy The Meme Games if you are keen on getting involved.

• Presale project: The Meme Games ($MGMES)
• Raised so far: $264,000
• Blockchain: Ethereum
• Token type: ERC-20
• Accepted payment methods: ETH, BNB, USDT, and credit cards

Visit Meme Games

6. Shiba Shootout ($SHIBASHOOT): Enter the Crypto Wild West with Doge Meme Coin Offering 1400% APY

Shiba Shootout ($SHIBASHOOT) pays homage to the Wild Wild West comparisons that crypto has drawn from the traditional finance industry. $SHIBASHOOT is a Western-themed presale meme coin featuring Shiba Sharpshooters. The ERC-20 asset powers the Shiba Shootout ecosystem through referral rewards for referrals, Campfire Stories, and gamified airdrops via Lucky Lasso Lotteries.

This coin is all about community with DAO governance, Campfire Stories (where members share their crypto stories), Lucky Lasso lotteries (where $SHIBASHOOT holders can win big prizes), and Cactus Staking (which rewards long-term stakers). They’ve even dedicated 5% of the total supply to reward “the most daring sharpshooters.” Interested in knowing how high Shiba Shootout can go? Check out our Shiba Shootout Price Prediction and How to Buy Guide.

• Presale project: Shiba Shootout ($SHIBASHOOT)
• Raised so far: $600K+
• Blockchain: Ethereum
• Token type: ERC-20
• Accepted payment methods: ETH, USDT, or credit cards

Visit Shiba Shootout

7. Mega Dice Token ($DICE): Solana GameFi token with $2.25 Million Airdrop

Next on our top presale crypto list is Mega Dice Token, a newly launched presale from Mega Dice Casino. This is an established crypto casino with 50,000 players and over 4,000 games. The token offers utility to casino players of the casino as well as $DICE holders who will receive exclusive rewards and benefits as well as the opportunity to nab a limited edition Mega Dice NFT.

Holders of $DICE can stake the tokens to earn a portion of the casino’s daily earnings. This means that the better the casino does, the better the token holders fare, unlike a traditional online casino. With over $50 million wagered every month and a growing number of active users, this is a very promising deal. Anyone who buys tokens in the presale can also start staking their tokens before the token is even listed on exchanges.

Mega Dice has also announced three airdrops totaling $2.25 million. Each airdrop will distribute $750,000 worth of tokens to active Mega Dice players and $DICE token holders. The presale has just launched, but the exciting levels of access and rewards it offers mean that it has already raised over $1.5m in just a week.

Check the cryptocurrency project out on X (Twitter) or Telegram for more information.

• Presale project: Mega Dice Token ($DICE)
• Raised so far: $1.5 million
• Blockchain: Solana Network
• Token type: SPL
• Accepted payment methods: ETH, USDT, BNB and card, but BNB purchases aren’t eligible for the staking rewards.

Visit Mega Dice Token

8. DTX Token ($DTX): Earn Rewards, Get Exclusive Access and Vote in DTX Crypto Exchange Governance

DTX Exchange is an innovative crypto exchange that lets users trade with up to 1,000x leverage. There’s no KYC requirement, and over 120,000 tokenized assets are available for trading, including crypto, stocks, bonds, forex, and commodities, making this a unique and popular crypto exchange.

The DTX token ($DTX) is the native token that powers the exchange, giving holders multiple benefits. This includes allowing holders to pay trading fees with the $DTX and get access to premium features like analytics and priority customer support.

Token holders can stake their $DTX to get voting power in the DTX Exchange governance. There are also loyalty rewards involved for token holders.

The presale has already raised over $1.1 million, showing strong investor interest. During the presale, investors can buy the token for $0.04 apiece. Depending on the invested amount, there are presale bonuses. For example, buying $DTX tokens for $250 to $1,999 comes with 5% bonus tokens, while buying over $5,000 worth of tokens comes with 15% bonus tokens.

Presale buyers participate in a $1 million giveaway where 10 winners get $100,000 each. To participate, a minimum purchase of $100 worth of DTX tokens is required. Additional steps to get more entries include following the exchange on X and subscribing to their Telegram group.

Follow DTX exchange on X and join the DTX Telegram channel to stay up to date.

• Presale project: DTX Token
• Raised so far: $1,124,000
• Blockchain: Ethereum
• Token type: ERC-20
• Accepted payment methods: ETH, USDT, BTC, BNB, SOL, DOGE, and more.

Visit DTX Token

9. Doge2014 ($DOGE2014): Trending New Meme Coin Celebrating Dogecoin’s 10th Anniversary, Offering High Staking APY

Doge2014 ($DOGE2014) is a new ERC-20 meme coin created to honor Dogecoin’s tenth anniversary. It’s built on Ethereum and lets you buy tokens at a price close to what Dogecoin cost when it started in 2014 – just $0.00027. After witnessing high investor interest– they’ve already raised over $85,000.

If you stake your $DOGE2014 tokens, you can earn rewards of over 16,000% APY at the time of writing. This rate will decline as more people enter the staking pool.

The presale works with popular wallets like MetaMask, Best Wallet, Wallet Connect, and Coinbase. Its launch on Ethereum makes it secure and transparent.

They’re selling 60 billion of the 100 billion total token supply in the presale. This gives early buyers a chance to grab a large number of tokens and earn big rewards by staking them.

Doge2014 wants to create the same fun community spirit that made Dogecoin popular. Other dog-themed coins like $FLOKI and Dogecoin have seen big gains, and Doge2014 hopes to do the same.

Interested buyers can follow Doge2014’s X (Twitter) handle and enter its Telegram channel to get the latest updates.

• Presale project: Doge2014
• Raised so far: $86,000
• Blockchain: Ethereum
• Token type: ERC-20
• Accepted payment methods: ETH and USDT

Visit Doge2014

10. SpacePay ($SPY): Delivering Innovation to Point of Sale Crypto Payments

Spacepay is a UK-based FinTech company on a pioneering mission to deliver the future of innovative point-of-sale crypto payments.

From developing the world’s leading near-field communication (NFC) product for crypto payments, Spacepay is heralding a revolution in how users interact with cryptocurrency in their day-to-day lives. And that’s without digging into SpacePay’s suite of planned commercial $SPY APIs.

Just imagine a simple, sleek, touchless way to use cryptocurrency in-store instead of Fiat currencies. This is the future SpacePay is delivering.

At the time of writing, the project is on the cusp of launching the highly anticipated SpacePay $SPY presale, offering the early birds a significant opportunity to be amongst the first to invest in this new payments ecosystem.

Amid the hype of the presale funding round, there will be a full, in-depth contract audit conducted to ensure the security of the platform ahead of the monumental launch of the SpacePay Payment APK (the flagship product).

More details can be found in the whitepaper tells us that the project is putting 20% of the total token supply up for grabs in presale.

• Presale project: SpacePay ($SPY)
• Raised so far: $0 – Presale Launches Soon
• Blockchain: Ethereum blockchain
• Token type: ERC-20
• Accepted payment methods: ETH, USDT, Visa & Mastercard

Visit SpacePay

11. Race to a Billion ($BDJ) – Win Rewards by Successfully Predicting F1 Race Outcomes

Race to a Billion ($BDJ) is an innovative crypto platform that allows Formula One viewers to monetize their watching experience. With Race to a Billion, users can predict the outcome of F1 races and win $BDJ tokens as a reward. 

Currently, $BDJ is available to buy for only $0.0076 per token during the ongoing presale round. From a total supply of 2.5 billion, 1 billion tokens are being allocated for the presale. Within a few weeks, the presale has raised more than $147K. 

Race to a Billion presents itself as a top investment opportunity, as users can also stake their $BDJ holdings to earn an annual yield of more than 6,000%. Another 20% of the token supply will be allocated as staking rewards. 

At the end of the F1 season, Race to a Billion will provide the top performers with an ‘end of season jackpot,’ offering even more $BDJ token reward-earning opportunities. For more information, join the Race to a Billion Telegram channel and follow the X page.

• Presale project: Race to a Billion ($BDJ)
• Raised so far: $147K
• Blockchain: Ethereum blockchain
• Token type: ERC-20
• Accepted payment methods: ETH, USDT, BNB, Card

Visit Race to a Billion

12. ButtChain ($BUTTCHAIN) First-Ever Auto-Liquidity Meme Coin Where You Can Earn 5% on Referrals

Have you ever thought that what a blockchain needs is more butts? Well, if so, ButtChain ($BUTT) is the crypto for you. This playful parody of Bitcoin is the first auto-liquidity meme coin in the crypto space and is built on the Polygon blockchain. During this presale, 20% of the sales are automatically deposited on Uniswap through the smart contract. This means that the moment the token launches, there’s going to be plenty of liquidity for trading.

Once trading begins, every swap transaction in the ButtChain liquidity pool will incur a 5% transaction fee. This is split between Uniswap liquidity and token burning to promote trading and prevent inflation.

Adding to the hype for this meme coin presale, there is a referral program where anyone who wants to promote ButtCoin can get a unique referral link that will net them up to 5% of the sale. This has helped ButtChain build a fun and vibrant community (alongside its humourous take on crypto).

• Presale project: ButtChain ($BUTT)
• Blockchain: Poylgon
• Token type: ERC-20
• Accepted payment methods: MATIC, ETH, SOL, USDT, USDC, AVAX, ADA, DOGE, XRP, DAI, WBTC or credit cards

Visit ButtChain

What is a Cryptocurrency Presale?

A crypto presale allows investors to buy into a new project from the ground up and get early access before the tokens are available to the public. The project will issue its own native crypto asset, which is then sold to presale investors.

Presales are usually held directly on the project’s website. Investors simply need to connect a wallet and swap a supported crypto. Investments are made before the presale tokens are listed on crypto exchanges, which often means preferential pricing for presale investors.

Cryptocurrency presales are risky investments, as some crypto projects will fail. However, some presales also blow up, resulting in significant gains for early backers. Diversifying across several presale projects can reduce the risk of loss.

One of the first-ever presales was run by Ethereum in 2014. Presale investors paid just $0.31. At its peak in November 2021, Ethereum was trading at almost $5,000. That’s a 1.6 million percent gain for presale investors. Other notable presale campaigns include Filecoin, EOS, and Tezos.

How do Crypto Token Presales Work?

Beginners should understand how presale crypto tokens work before investing. Let’s break down the typical presale process.

Whitepaper, Roadmap, and Presale Announcement

Before the presale launches, the project will create and launch a whitepaper. As an investor, whitepapers are the most important document. They help you make an informed decision, as the whitepaper outlines the goals of the project and what problems it solves.

Whitepapers also discuss tokenomics. This should include the number of new tokens being created and how many will be issued during the presale. Whitepapers should also contain roadmap targets. This is a timeline of project goals over the following months and years.

Presale Launch, Hardcaps, and Various Stages

Once the presale launches, investors are able to purchase the newly created token. Most presales set a hard cap target, which is the maximum amount that the presale will aim to raise. There’s normally a soft cap target too, which is the minimum the presale needs to raise to fulfill its roadmap objectives.

Due to the unregulated nature of presales, there aren’t any rules about what happens when the soft cap target isn’t met. That said, any funds raised will usually be returned to investors. The best ones are often run in several stages. Each stage will allocate a batch of tokens. Once sold, the next presale stage kicks in.

What’s more, each new stage normally increases the presale price. For example, stage one investors might pay just $0.01 per token. By stage five, this could increase to $0.02. This means an immediate upside of 100% for stage one investors. This is why it can be beneficial to invest in a presale at the earliest stage possible.

Connecting a Wallet and Completing the Presale Investment

The first step to investing in a presale is to connect a wallet to the project’s platform. If your preferred wallet isn’t listed, most presales support WalletConnect, which allows you to use pretty much any wallet by scanning a QR code.

Next, you’ll need to ensure your wallet is funded with a supported crypto asset. Most presales accept popular coins like ETH, USDT, and BNB. If you don’t have any crypto to hand, some presales have an integrated fiat gateway. This enables you to use a credit card after completing a quick ID verification process.

Once you’ve decided on the payment currency and the number of presale tokens to buy, you’ll need to confirm the investment. We found that some projects distribute the tokens after the presale has finished, while others deposit them directly into your wallet straightaway. This often allows investors to stake the presale tokens for passive rewards while the presale campaign is still ongoing.

Presale Close and Exchange Listings

Presales usually close when:

• The hard cap target has been reached
• The predefined time frame has passed

After the presale finishes, the tokens will usually be listed on crypto exchanges within a few days. Exchanges are normally secured before the presale ends. Most presales initially list on decentralized exchanges like PancakeSwap or Uniswap.

That said, some manage to secure centralized exchange listings. As explained in the Journal of International Financial Markets, Institutions, and Money, centralized exchanges attract significantly more volume and liquidity. Either way, presale projects will usually list their tokens at a higher price. This ensures that all presale investors benefit from an immediate upside.

Once the listing is live, anyone can trade the tokens. What happens next depends on how popular the presale token is. If a wave of new buyers enters the market, the token price can increase substantially. Conversely, if too many investors decide to cash in their presale gains, the token price can plummet.

Are Crypto Presales a Good Investment?

Upcoming presales are often sought out by members of the crypto community, but they won’t be suitable for everyone, especially crypto novices. Cryptos are high-risk and, oftentimes, turn out to be scams. Before we discuss the risks, let’s explore the benefits of investing in new crypto presales.

First-Mover Advantage

These investments offer a first-mover advantage, as they’re a chance to invest at a set price that could rise rapidly upon public listings. Early investors often benefit from significant discounts, giving them a strategic edge if the project takes off.

• For example, imagine buying Ethereum in 2014 at just $0.31.
• Back then, nobody knew that Ethereum would one day be worth hundreds of billions of dollars.
• Investors took a major risk, and it paid off.
• This is because they invested at the very beginning of Etheruem’s journey.

So, when exploring which presales to invest in, consider where the project will be in five or even 10 years. Will the technology or platform still be relevant, and does the team have the expertise to execute their vision? If you believe in its future, the best time to invest is during the presale campaign, when prices are at their lowest and growth potential is highest.

Chance to Make Significant Gains

Presale investors have one common goal: to make significant gains in a short period of time. Although large-cap cryptocurrencies like Bitcoin and BNB also offer the chance to make sizable returns, the potential upside can’t be compared to presales.

For instance, BNB currently has a market capitalization of $45 billion. Presale investors will often target gains of at least 10x. Some have even bigger ambitions of 1000x or more. In this instance, BNB would need to increase its market capitalization to $4.5 trillion.

While this isn’t impossible, BNB would require an unprecedented amount of buying pressure to increase to this level. Even then, it could take many years. In contrast, presales can offer the potential for big gains over a short period of time.

Let’s consider some recent presale success stories to illustrate what’s possible.

Sui

Sui – a new layer one blockchain with smart contract capabilities, held its presale in 2023.

• According to Decrypt, early presale investors paid just $0.03 per SUI token.
• CoinMarketCap data shows that SUI hit an all-time high of $1.72 in May 2023.
• This means early presale investors witnessed gains of over 5,600%.

Sei

Sei is another new layer one blockchain to enter the crypto market in 2023.

• According to ICODrops, presale investors paid $0.08 per SEI.
• SEI hit an all-time high of $0.87 in January 2024.
• This translates to gains of over 1000% for early presale investors.

Another well-known presale success story is Filecoin, now valued at over $2.3 billion. Filecoin sold FIL tokens in 2017 at just $1 each during its presale. Filecoin has since hit all-time highs of $237.24, converting to gains of over 23,000%.

Diversification is Cost-Effective

Diversification is important in all types of investing. Not all presales will return a profit; on the contrary, many presale investments will lose money. Diversification simply means spreading your investment budget across lots of different presales from the crypto landscape.

However, you can also lose money on major cryptocurrencies like Bitcoin.

With the influx of new presales hitting the market, diversification is easy and accessible. Plus, it’s budget-friendly, as the top crypto presales often don’t have any minimum investment requirements.

This means you can invest any amount that you’re comfortable with. For example, suppose you have $200 to allocate to presale investments. You could make 10 presale investments at $20 each. You only need one presale token to explode by 100x to make the process worthwhile.

How to Pick Which Token Presales to Invest in

The most important part of the presale journey is knowing how to choose suitable projects. Considering the sheer number of new market entrants, this isn’t an easy task.

We’ve created a shortlist of metrics that investors can use to find the next 100x presale coins.

Evaluate the Project’s Goals

It’s best to focus on crypto presale projects with a clear objective. For instance, what problems is it looking to solve, and what solutions does the whitepaper present? This will help you separate projects with a clear goal and roadmap from ones that have more flimsy foundations.

Assess the Presale Token’s Use Cases

The best crypto presales have a ‘use case’. This means the token be used within the ecosystem, offering more value to investors buying and holding the tokens.

In other words, the presale project should be able to attract buyers who aren’t solely interested in making a speculative profit.

Analyze the Tokenomics

Beginners often forget to analyze the tokenomics of a presale project. This outlines the total number of tokens being issued and how they will be allocated.

For example, suppose the presale is offering early access to 1 billion tokens. If only 20% is sold to presale investors, this means the development team holds 80% of the total supply.

This is a huge risk for investors, as the team could dump their tokens on public exchanges. In doing so, the value of the token would capitulate.

That said, some promising crypto presales will lock the development team’s tokens for several years. They’ll be deposited into a smart contract, ensuring they can’t be withdrawn until the specified time frame passes. This is a good sign, as it shows the team believes in the future of the project.

After all, they’ll be financially motivated to make the presale project a success. Investors should also assess how tokens will be allocated to key areas, such as operations, marketing, exchange listings, and liquidity provision.

What’s more, investors should also assess whether the presale token has adopted a taxation system. This can be beneficial for long-term projects, as it demotivates short-term speculation.

Hard Cap and Market Capitalization

A cryptocurrency presale’s hard cap target will have an impact on the upside potential of the crypto. Put simply, if the presale raises too much money from investors, it will be listed on exchanges with a high market capitalization.

For example, Reuters notes that the EOS presale raised more than $4 billion in 2018. This limited the upside for presale investors, as it already had a huge market valuation. To target gains of 100x or more, investors should instead focus on presales with a small market capitalization.

To calculate the initial market capitalization, you’ll first need to assess the presale hard cap. Next, you’ll need to know how many tokens are being issued to presale investors. This is because presale tokens will already be in circulation.

For instance, let’s say the hard cap target is $5 million, which the presale archives. The presale issues 50% of the total supply to investors.

In this instance, the market capitalization is just $2.5 million. This is a great valuation for presale investors, as even a modest amount of buying pressure could secure attractive gains.

Potential Risks of Crypto Coin Presales

Investors take significant risks by investing in new crypto presales. This section outlines some of the key risks to consider before proceeding.

Presales Often Don’t Have a Working Product

Even the best crypto presales raise funds without having a working product. This is because the capital raised from investors is needed to build the project. There’s never any guarantee that the project will achieve its roadmap targets.

It could run out of money along the way, or a competitor could step in with a better alternative.

• For example, we mentioned above that EOS raised $4 billion from investors in 2018.
• EOS took so long to develop its project that it’s now somewhat irrelevant.
• Many other blockchains have entered the market with a fully-fledged product.
• Today, EOS is valued at just $753 million – over 80% below its presale valuation.

Ultimately, if the presale fails to do what the whitepaper promised, investors could be left with worthless tokens.

Some Presales are Scams

According to an FBI report, the crypto industry is responsible for billions of dollars worth of scams and fraud each year. One method that’s increasingly attractive to criminals is presale scams.

• The bad actors will create a fictional presale project alongside a website and whitepaper.
• The project will make bold claims about what it will achieve without any intention of following through with its roadmap targets.
• After the scammers have raised funds from presale investors, they’ll disappear.
• This leaves presale investors with worthless tokens.

Spotting a presale scam can be challenging. Many presales have an anonymous team, which increases the difficulty. In addition to extensive research, investors are advised to diversify their presale capital. Most importantly, never invest more than you can afford to lose.

Wallet Hacks

Wallet hacks aren’t exclusive to presales but the broader crypto industry. Nonetheless, presale investors should take measures to protect their wallets at all times.

For example, most presale projects have a community channel on Telegram. Scammers will impersonate channel admins to defraud investors. They might state that the presale wallet address has changed or send a link that redirects the investor to a phishing site.

Never click links sent from unknown users. What’s more, block anyone who sends private messages on Telegram. Admins usually state that they’ll never directly message channel members, so do bear this in mind.

Are Cryptocurrency Presales Safe & Legal?

In general, crypto presales are legal in most countries. However, the specific laws are complex and will vary depending on the jurisdiction. For example, China placed a complete ban on crypto ICOs in 2017.

According to the SEC, some crypto presales could be security offerings. In this instance, the presale would be illegal under US laws if it isn’t registered with the SEC. This is why some presales specifically state that they don’t accept US clients.

Even so, presale investments are made anonymously from a private wallet, so enforcing restrictions would be challenging. In terms of safety, not all crypto presales are legit. Some turn out to be scams, so investors should proceed at their own risk.

Best Crypto Presales: Conclusion

We’ve discussed the best cryptocurrency presales to invest in 2024. Our top pick for this crypto presales list is Pepe Unchained. It’s a utility-focused meme token that has already made huge waves in the crypto space with its layer-2 network.

See Also: Next Crypto to Hit $1 in 2024

Visit Pepe Unchained

References

1. How does the Ethereum Merge help the real and virtual world save energy? (EY.com)
2. Cryptocurrency’s Energy Consumption Problem (RMI)
3. Which Digital Tokens Pose a Greater Contagion Risk? (Journal of International Financial Markets, Institutions, and Money)
4. There’s a new way for sophisticated investors to get in on the cryptocurrency craze (CNBC)
5. Digital currency sales hit $13.7 billion in first five months of 2018: report (Reuters)
6. Internet Crime Report 2022 (FBI)
7. China bans companies from raising money through ICOs, asks local regulators to inspect 60 major platforms (CNBC)
8. Cryptocurrency/ICOs (SEC)

FAQs

What is a crypto presale?

Crypto presales are initial coin offerings (ICO), allowing investors to buy into a new blockchain project from the ground up.

What are the best crypto presales in 2024?

The best new token sales for 2024 include Pepe Unchained, Crypto All-Stars, Base Dawgz, and PlayDoge. Presale investors should do their own research before proceeding.

Is investing in crypto presales worth it?

Crypto presales can be worth it when investing in legitimate projects – as the upside can be huge. However, many presale projects fail, so only invest money you can afford to lose.

How do I find the best crypto presales?

New and upcoming crypto presales usually advertise on crypto news websites, Telegram, Reddit, and ICO listing aggregators. The top crypto presales are also advertised on social media.

What is the best site to find new crypto presales?

ICOBench and ICOHotList list upcoming crypto presale coins. You can also search the r/CryptocurrencyICO subreddit, which has over 186,000 members and can be a great way to find the most promising presale crypto in 2024.

Are crypto presales cheaper than regular crypto?

Yes, presales usually offer their crypto tokens at a discounted price. This is to encourage early investments before the tokens are listed on exchanges.

What happens when a crypto presale ends?

Once the crypto presale is over, the tokens will usually be listed on exchanges. This is often at a higher price, ensuring presale investors have an early upside.

Can I sell my tokens immediately after a crypto presale?

You may have to wait until the project lists its token on an exchange or can sell it on a supported DEX once the token is launched. Once listed, most projects have no rules regarding their token trading. However, some may have a lock-up period during which you cannot sell your tokens. This is why it’s important to go through the whitepaper and learn all the specifics about a project before investing.

Can I participate in multiple crypto presales simultaneously?

Absolutely. You are not limited to investing in only the best crypto presale coins you find — the crypto market offers lots of options, and spreading your investments across several promising crypto presales is what most people do. However, you are still required to meet the investment criteria for each one separately.