The crypto market has been enjoying one of its best bull runs for quite some time. Similar to the start of the year Bitcoin (BTC) and altcoins alike are up across the board. Bitcoin has once again set another all-time high this time surpassing $81k for the first time in history. This, of course, all comes off the back of Trump’s victory in the US presidential election.
The thing about this bull run is it could become even stronger if Trump delivers on his promises such as replacing the chair of the SEC with a more crypto-friendly candidate. If that is the case we could be looking at a period of growth unlike any other in market history. Because of this, we decided to try to find the best presales that are most likely to explode this November and beyond.
It is meme coins we are paying particularly close attention to. Bitcoin may be getting a lot of the headlines but the meme coin market has now reached a market cap of just below $90 billion. This is a number we have not seen since the summer of 2021 which shows how much investment is coming into the sector. Here are the 6 projects we think will grab this investor’s attention:
- Pepe Unchained ($PEPU)
- Crypto All-Stars ($STARS)
- Flockerz ($FLOCK)
- FreeDum Fighters ($DUM)
- Sponge V2 ($SPONGEV2)
- Arkenstone ($ARKN)
Let us proceed now in our analysis so we can try to highlight what gives these presales explosive potential.
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Pepe Unchained- By a clear distance the greatest meme coin presale ever
This is one of those presales that is going to feature very prominently on any of these lists you see in crypto media. All you have to mention is that it is now the most successful meme coin presale in history and that really should be enough to convince any investor this is a must-have token. Luckily, Pepe Unchained ($PEPU) is a lot more than just a record-breaking presale.
Of course, a presale doesn’t raise over $26.5 million just out of nowhere, it has to have substance. Pepe Unchained has the possibility to outperform some of the most established tokens including the original Pepe coin ($PEPE). One could argue that the two Pepe tokens are in direct competition as this new project’s aim is to unleash it from its Layer 1 chains so it can deliver on its potential.
The way it does this is by building on top of Ethereum so it can have its own chain. This is the key to their ambitious plans. The Pepe Frens With Benefits development grant shows that they want to be one of the biggest chains in the future. They will incentivize creators to build on Pepe Unchained which should in turn ensure the native token performs very well.
Crypto All-Stars- A new era of staking may come from this meme coin
One of the cooler things about the meme coin presale market now is how much innovation you can find. We are a far cry from the days of cute memes with no utility that relies on community engagement to help them survive. In fact, we have come so far now we have projects like Crypto All-Stars ($STARS) that could very well have a huge knock-on effect on the whole crypto market.
The idea at the heart of the project was to unite meme coins. The question was how? In the end, they have used staking as a way to bring meme coin projects together. This is a very clever move given how staking has gone from basically non-existent to practically a foundational block in the meme coin world. From this, the Meme Vault was born.
This is a place at the center of the ecosystem that will allow, for the first time, multi-chain and multi-token staking. That means if you hold other meme coins you can bring them to the Vault and stake them for rewards. If you hold $STARS these rewards will 3x. The presale for Crypto All-Stars has raised over $3.3 million.
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Vote-to-earn is a criminally underused system in the meme coin sector. When you break it down it is probably the most likely route you can go down as a project to ensure your success. Meme coins survive and thrive on community so what better way to build a community than by letting your investors have a say in how the project is run? This is what Flockerz ($FLOCK) is giving you the chance to do.
The hard truth about meme coin projects not using vote-to-earn is that individuals are looking to make it rich and do not want to share in the decision-making for this reason. Luckily through Flocktopia, a revolutionary DAO investors of Flockerz not only get a say in what direction the project goes in the future, but they also get rewarded with more tokens for doing so.
The great utility doesn’t stop there either. As Flockerz is still a relatively new presale there are massive staking rewards up for grabs. Currently, the APY is estimated to be 1289%. The presale may be new but it is starting to pick up steam. It has now raised over $1.4 million and since the election has almost been raising $100k per day.
FreeDum Fighters- Keep the voting and debate alive with this token
As we mentioned in the opening, the meme coin market is thriving and as a whole is now in territory we have not seen since 2021. This is massive but there is one sector of meme coins that are not doing so well. If you look at CoinMarketCap some of the only meme coins suffering heavy losses are politiFi tokens. One exception to that is FreeDum Fighters ($DUM).
Now, this meme coin is still going through the presale stage so it is not fully comparable but we can see the token is still raising money. The reason the others are tumbling down the rankings is because the election is over and they have no real utility. FreeDum Fighters is a stake-to-vote platform so it still has a present and a future.
We started with a gamified version of the election where investors staked their tokens and voted for either Magatron or Kamacop. In the future, there will be weekly polls and even discussion sections where investors can vote and then have a lively debate about the topic. The presale for FreeDum fighters is the newest on this list but has still raised over $460k.
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Sponge V2- An innovative passing of the baton ensures the success of this token
Sponge V2 ($SPONGEV2) is one of the more anticipated meme coin launches of 2024. The reason for this is it is not the first token from its ecosystem. That would be Sponge Token ($SPONGE). Many investors will probably already be familiar with $SPONGE and that is going to be very positive for the future outlook of Sponge V2.
The original launched last summer and helped by the popularity of the Spongebob cartoon, it immediately pumped despite the adverse conditions. The project later added staking which caused another pump. The new version will add a racing P2E game to the ecosystem which should help its popularity. The project has also found a very clever way to go from one coin to the next.
It’s called stake-to-bridge. It’s a very innovative way to ensure both coins don’t destroy each other through competition. This works because version 2 will not launch until version 1 is sold out. So, if investors want the new Sponge V2, they must first purchase and stake Sponge Token. When they do the same amount of version 2 is stored away for them and when version 1 sells out they get their tokens.
Arkenstone- The meme coin that crypto creators are going to love
One of the oldest and most reliable ways for a crypto project to succeed is to have real-life use. There are many ways crypto projects attract investors but this is very high on that list. Nowadays they are harder to come by which makes Arkenstone ($ARKN) a must-have.
The project creators understand better than anyone how expensive it is to launch a token. One of the most costly factors is hiring a site for your presale. Through their GemLaunch Suite, they want to empower creators to do this themselves. No coding experience is required and it will help them cut their costs by quite a margin.
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Conclusion
That brings us to the end of our presale list. As you can see there is plenty to sink your teeth into when it comes to presales to watch this November. One thing we hope you noted is the quality that these new meme coins possess compared to more established meme coins. The future of the sector is likely to be with these new projects rather than the older options.