Given the current volatility of the crypto market, investors are on an active lookout for safer investment options. Analysts have predicted that the new crypto tokens could be a great alternative, that might be more secure than some of the current big crypto players.
To put the volatility into perspective, Bitcoin (BTC) and Ethereum (ETH) are both down about 57% since their November highs. Cardano (ADA) slumped by around 75% in that time, while Solana (SOL) dropped by nearly 80% in the same period.
What are presales?
Presales are potentially a golden ticket to the crypto future. However, it can be explained more technically. A presale is an opportunity to purchase cryptocurrency tokens or coins before they are launched into circulation. It is the stage of a cryptocurrency’s life cycle that precedes the stage of market trading.
The new cryptocurrencies that are to be launched in the market, offer coins at a discounted price during presales. They use the funds raised from the presales to develop their projects further and have them fully-fledged and functional. Given their developing stage, the new crypto tokens attract a lot of speculation about their validity. Hence, the prices they are available at are very low, to offer a sense of security to their investors.
Why invest in presales?
With the current slump and tragic crashes that big cryptocurrencies such as LUNA are witnessing, analysts are pinning their hopes on new cryptocurrencies. This is mostly because the new tokens create a scope to revolutionise and stabilise the crypto market, with their new-age technology and futuristic features.
The very prominent reason to invest during presales would be to lock down your investments in promising cryptos, at an affordable price. However, investing in presales has other holistic benefits as well. For one, by investing in presales you will be encouraging crypto projects that have the potential to initiate the next big step in the crypto world. You can always invest at a lower price and sell the coins for a good profit once the tokens cross the ICO (Initial Coin Offering) stage.
Early investors are sometimes also given special benefits through rewards, premium memberships, and authority in the decision-making process. It is widely acknowledged that many such presales can turn out to be a scam and therefore, personal research is essential before you choose to participate in the presales.
How to invest in presales?
Finding trustworthy cryptocurrencies can be a real challenge. Once you cross that stage, the next challenge is to find presale cryptos that can be profitable. In situations like these, it is best to trust a launchpad such as BoostX Finance.
BoostX is a multi-chain launchpad with the primary purpose of assisting crypto ventures in generating funds and developing a loyal investor base. This platform now offers the most cutting-edge launchpad technology available.
Another unique feature of BoostX is that its system allows any sort of investor to gain equitable access to exclusive crypto presales, and anyone who wants to invest in a highly awaited token to reach the market is welcome to join this reliable launchpad.
As of now, the many viable options available at BoostX are Pac-Man Frog, Quitriam Finance, Securipop, Parody Coin, etc. the availability of the new coins on BoostX adds a layer of validity for them and allows the investor to be more secure in their financial decisions.
Check out the BoostX Launchpad:
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