Following a surge of institutional interest and short squeezes over the past week, the Bitcoin price has soared past $30K, leaving many investors wondering if it is too late to buy.
The bottom may now be in for Bitcoin, with the price making higher highs and currently trading 99% above its bear market lows. However, the range between $30K-$40K has historically proven very important for Bitcoin.
With this in mind, Bitcoin will likely face much resistance when pushing beyond $30K. Although there is still potential for Bitcoin to break the upcoming resistance levels, this will more likely occur in 2024, following the Bitcoin halving.
In the meantime, Bitcoin may continue to trade between $25K- $35K, meaning investors who did not scoop up the bear market lows may have to wait until 2024 to see profits.
Investors may be better poised to consider presale cryptos at discounted prices. These tokens could potentially provide greater upside than more established coins like Bitcoin. Let’s look at the five best presale cryptos to buy now.
Wall Street Memes
Wall Street Memes is a new meme coin that has so far raised over $10 million in a widely successful start to its presale. The reason for the success is that Wall Street Memes already had over one million social media followers when it launched its coin.
The team created Wall Street Memes in 2021, inspired by the Wall Street Bets Reddit movement. Initially, they launched an NFT collection, Wall St Bulls, which sold out in just over 30 minutes.
Following this, Wall Street Memes grew their social media followings, posting crypto and stock-related memes across Instagram, Twitter, TikTok and more, eventually being retweeted by Elon Musk.
The Wall Street Memes presale has achieved significant success due to its already-established community and its successful crypto track record. However, we expect this success to continue following its exchange launch, potentially leading to considerable gains.
Visit Wall Street Memes Presale
Ecoterra
Another presale project which has shown lots of strength lately is ecoterra. It is an eco-friendly crypto which offers recycle2earn, a carbon offset marketplace, a recycled materials marketplace and an impact trackable profile for companies.
So far, the presale has raised over $5.5 million, with a current price of $0.00925 and its initial exchange offering (IEO) price set to $0.01. This equates to an 8% increase from its current price.
Ecoterra is an exciting project for several reasons; firstly, it leverages blockchain technology to promote sustainable choices for individuals and companies. Secondly, ecoterra has already secured partnerships with household brands such as Heineken and Dr Pepper.
The $ECOTERRA token is the core component of the project, with users requiring it for all platform elements. With that in mind, $ECOTERRA could have lots of utility-driven demand on the horizon, causing its price to soar.
yPredict
yPredict is an AI-powered predictive model and data insight tool to assist traders, quants, developers, and analysts with decision-making and predicting future events.
The project comprises countless features and AI tools, ranging from machine learning predictive models and trading signals to marketing and content tools like a backlink estimator and an AI-powered content editor.
Overall, yPredict is a platform that showcases the broad spectrum of AI capabilities. The underlying token to the platform is $YPRED and is required to pay for services on the platform and for staking.
This gives the yPredict crypto long-term potential since there will be a constant stream of demand so long as the platform remains popular.
Currently, the yPredict presale has raised $2.6 million. The $YPRED token is now available for $0.09, with its exchange listing price set at $0.12, a 33% increase from its current price.
Launchpad XYZ
Launchpad XYZ is another presale crypto that could present significant upside potential. The project aims to be an “all-in-one” platform, helping beginner and experienced crypto users navigate the blockchain.
One of the most significant issues faced in the crypto industry is the complex user experience; from managing multiple dApps to understanding how markets move and why, the learning curve associated with crypto is the main barrier to mainstream adoption.
However, Launchpad XYZ solves these issues and many more, aggregating dApps from across the blockchain and adding its own tools into one easy-to-use dashboard.
From the Launchpad XYZ dashboard, users can browse NFTs from all marketplaces, receive in-depth analytics and insights, learn about the latest presale project and much more.
The $LPX presale has recently surpassed $1 million and is currently priced at $0.0445. Following its presale, the IEO price is set at $0.0565, equating to a 26% increase from its current price.
DeeLance
The final token on our list of best coins to buy is DeeLance – a freelancing and recruitment platform that leverages blockchain technology to provide a trustless and efficient medium of exchange.
The current freelancing recruitment industry faces several issues that provide a poor experience for both recruiters and freelancers. DeeLance aims to capture a significant market share by solving these issues with blockchain.
DeeLance provides numerous advantages over legacy freelancing sites, such as lower fees, decentralisation, a scalable dispute system, efficient escrow and content ownership.
However, the platform takes it a step further than traditional freelancing sites, integrating a metaverse and NFTs. The metaverse is the most innovative feature, providing networking events, job fairs and interactive exhibitions.
Currently, $DLANCE is priced at $0.043, with an IEO price of $0.057. This is a 32% increase from its current price, but the project’s utility could potentially cause the price to climb much higher.