16 Best Crypto Presales to Invest in 2024

If you’re looking to target huge gains during the current bear market – crypto presales could be the way to go. You’ll be investing in a brand-new crypto project before lists on exchanges, meaning you’ll secure the lowest price possible.

Many presales have had success in 2024 – including Sui’s 1,600% upside after launching on exchanges. In this guide, we reveal the 12 best crypto presales to invest in right now for maximum upside.

List of the Best Crypto Presales to Invest in Today

Here’s a quick overview of the 12 best crypto presales to invest in today:

  1. Dogeverse (DOGEVERSE)The best crypto presale to buy in 2024 with multi-chain capabilities.
  2. Slothana (SLOTH)The next SOL meme token to explode in 2024. The Slothana presale is selling quickly and investors anticipate huge returns.
  3. MegaDice (DICE)The newest gamblefi token with a fast-selling presale.
  4. 99BitcoinsThe best learn-to-earn crypto presale in 2024.
  5. 5thScape (5SCAPE)The best crypto presale for long-term investors. 5thScape has a robust roadmap and excellent project team.
  6. Sponge V2 (SPONGEV2) – After the successful launch of Sponge V1 in the bear market, which garnered much attention and price appreciation, the next incarnation of the token Sponge V2 is set to take the world by storm.
  7. Smog (SMOG) – Best Crypto presale with massive airdrop rewards and a 42% staking yield.
  8. eTukTuk (TUK) – This presale project is revolutionizing transportation in the developing world. It manufactures electric vehicle (EV) tuk-tuks that are compatible with OCPP 2.0.1 charging stations. This means that its EV tuk-tuks already have access to a global charging network. While eco-friendly and sustainable materials are used to build its fleet, eTukTuks are affordable. The initial presale round is offering a huge discount of 40% – but only on the first $120,000 raised.
  9. Bitcoin Minetrix (BTCMTX) – High-quality presale targets BTC mining through Ethereum smart contracts, redefining the industry and making it easily accessible to anybody through an integrated dash. Presale raised over $100,000 within hours of launching and presently offers rocket APY of 77,112%.
  10. Dogecoin20 (DOGE20): The sustainable version of DOGE that offers lucrative staking rewards to early investors.
  11. Scorpion Casino (SCORP) – Scorpion Casino is a crypto-centric gambling site supporting hundreds of games. This includes table games, slots, live dealers, and sports betting. SCORP tokens fuel the casino and offer holders lots of perks – such as bonuses and staking rewards. While SCORP will be listed at $0.05 after the presale, it’s currently priced at just $0.018. This translates to an immediate upside of over 177%. Presale investors will also receive an additional bonus of 40% – paid in casino credits.

A Closer Look at the Best New Crypto Presales

We’ll now review the best crypto presales for 2024. We cover everything you need to know to make an informed decision. This includes the objectives of the project, its presale and listing prices, and the risks and potential upside.

1. Dogeverse – The best crypto presale with multi-chain capabilities 

Dogeverse is a new doge-themed meme coin that will be available on six blockchains. These include Ethereum, Binance Smart Chain, Ploygon, Ava;anche, Base and Solana.

This is the first token of its kind to be available on a variety of networks, which will make it one of the most accessible coins in the Doge ecosystem.

dogeverse best crypto presale

DOGVERSE has a max supply of 200 billion tokens which will be distributed across the presale, staking rewards, exchange listings, marketing and project development.

Investors can stake their tokens for passive rewards and maximize their returns. This will be particularly lucrative for presale investors who will be able to buy DOGEVERSE coins for a very low price. At the time of writing, Dogeverse is available to buy with ETH, BNB, USDT or MATIC.

Your money is at risk.

2. Slothana – The next SOL meme coin to explode in 2024

If you’re looking to jump on the next project that could explode in 2024, Slothana might be worth considering. This SOL meme token has managed to raise over $500k within hours of launching and is expected to be one of the next meme tokens to reach the moon.

slothana best crypto presale

Slothana will reward presale investors with a lucrative airdrop event that will take place after the presale. To buy SLOTH, you will need to connect your Solana wallet to the presale site and swap SOL for the tokens.

Other than generating huge returns, Slothana has no real use cases. This means that it is a risky investment, suited for short-term gains.

Your money is at risk.

3. MegaDice – The latest gamblefi token with huge potential

The DICE token is the native cryptocurrency of the MegaDice platform, which is a well-established name in the realm of cryptocurrency casino platforms. DICE can be used to play on the platform, unlock exclusive benefits, access bonuses and participate in crypto airdrops.

megadice best crypto presales

A portion of the earnings from the MegaDice platform, including transaction fees and profits, are distributed among DICE token holders. This revenue-sharing model provides an additional incentive for holding DICE tokens and participating in the MegaDice ecosystem.

MegaDice has a strong reputation in the crypto casino space and it is likely that the token will receive a healthy demand from players.

You can buy DICE for a discounted price in the ongoing presale event.

Your money is at risk.

4. 99Bitcoins – The best learn-to-earn crypto presale in 2024

The 99Bitcoins platform introduces a unique “Learn-to-Earn” model, rewarding users for learning about cryptocurrencies. By completing educational courses and participating in the community, users can earn $99BTC tokens directly into their wallets.

In addition, by owning the $99BTC token, users will have access to staking rewards, additional training courses, trading signals and strategies and access to VIP community groups. So you shouldn’t waste any time, as the $99BTC pre-sale is active and has already raised more than 130,000 dollars so far. It’s worth noting that the pre-sale phase has several stages and, as they progress, the price of 99Bitcoins also increases.

The $99BTC pre-sale is currently underway, offering an opportunity to acquire tokens at a discounted price. With each pre-sale phase, the token price increases slightly, starting at $0.001. Consider this opportunity if you’re interested in joining the platform early.

Your money is at risk.

5. 5thScape – Exciting crypto presale with long-term potential 

If you’re looking to invest in a presale that has long-term potential, 5thScape could be an excellent project to consider. The VR gaming project will use blockchain technology to create an ecosystem that is transparent and offers players real-world value.

5thScape is built on the Ethereum blockchain and is powered by the 5SCAPE utility token. Players can use tokens to access the platform, purchase digital assets, and earn rewards for completing challenges. 5SCAPE will also be used to pay developers for their contributions to the ecosystem.

5thscape crypto presale to buy

5thScape’s roadmap sees the project continuing it’s development over the next few years. After the presale, 4 VR games will be launched to players. After this, the team will work on the development of market-leading hardware.

Early investors will be able to access the ecosystem for free, which incentivizes presale participation. Investors will also be able to stake their tokens on-chain to earn daily rewards. You can currently buy 5SCAPE for an undervalued price during the ongoing presale.

Your money is at risk.

6. Sponge V2 –  Promising Crypto Presale With a 3,410% Reward Rate, Poised to Transform the Meme Coin Market

After delivering spectacular gains to early investors, this meme coin is back with another round. So, if you missed some of the biggest and best crypto presales, then you have another opportunity in the form of Sponge V2

Sponge V2 Dashboard

Although Sponge V2 is one of the best crypto presales to invest in 2024, this isn’t your typical presale. The way to participate in Sponge V2 is to stake Sponge tokens. This is the only way to earn V2 tokens before launch. And the more tokens you stake and for a longer time, the more Sponge V2 tokens you earn. You can then claim these tokens once SPONGE V2 launches.

But there’s more. All the Sponge V1 tokens that you sent to the V2 staking pool will get you V2 tokens of the same amount plus more depending on the APY, which is currently as high as 3,512%. This high yield has over 460 million Sponge tokens permanently locked and loaded for the Sponge V2 launch. 

As for buying Sponge V1 tokens, you can do so via ETH, USDT, or using a card. The token is currently listed on Uniswap (V3), Gate.io, Poloniex, Bitget, LBank, Toobit, CoinW, BTCEX, BitKan, BitMart, and MEXC. You can also earn more SPONGE tokens by playing the project’s new Play-to-Earn (P2E) game, which brings additional utility to the token. The game will have free and paid versions, and users will be able to use their SPONGE V2 token to purchase game credits.

Sponge is a zero-tax meme coin derived from the beloved cartoon character SpongeBob SquarePants. With Sponge V1, the idea was to offer a lucrative opportunity to those who missed out on meme coin pumps. Now, with Sponge V2, the idea is to have a meme coin with no intrinsic value, expectation of financial return, or roadmap and have it listed on bigger and better exchanges. For this, a good 10% of the token supply is allocated to CEX liquidity to make listing on top CEXs a reality. 

Sponge V2 Staking Interface

In terms of tokenomics, Sponge V2 has a total supply of 150,000,000,000. Out of these, 43.09% is for staking rewards, 26.93% is for bridged SPONGE, 8% is allotted to P2E rewards, 7.50% for marketing, and 4.47% for game development.

For more insight into Sponge V2, check out the Twitter, Telegram, and Discord of the project, which has collectively grown to a combined total of 35,000 members in just a matter of weeks. Also, look into Sponge’s white paper for more details.

Hard Cap NA
Total Tokens 150 billion
Tokens available in presale Depends on Staking
Blockchain Ethereum
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, Card

Your money is at risk.

7. Smog (SMOG) – Best Crypto Presale with Massive Airdrop Rewards And a 42% Staking Yield

Smog ($SMOG) is a new meme coin on Solana that launched on February 7, 2024, on Jupiter DEX. It aims to surpass previous meme coins like Bonk, Myro, and Dogwifhat. 

Starting at $0.001419, $SMOG’s price rose by 2000% to $0.04 within a week of launch. The project’s ‘Greatest SOL Airdrop’ campaign is a key feature, offering rewards for community engagement and on-chain activities.

Smog Presale

Smog’s fair launch, with no presale, ensures equal investor access and boosts credibility. The platform has allocated 50% of its 1.4 billion total token supply for marketing and 35% for the airdrop, aiming to expand its reach. 

The token also offers a 42% APY staking yield, with a 90-day lock-in period, encouraging long-term holding. Additionally, Smog has introduced cross-chain accessibility with an Ethereum bridge, increasing its potential user base.

Smog Presale

With 10% of the supply reserved for centralized exchange launches and 5% for decentralized exchange liquidity, Smog is a strong contender in the meme coin market. 

Investors can stay updated on Smog’s developments by joining its Telegram group and following it on X (formerly Twitter) as the platform aims to offer the ‘greatest SOL airdrop ever.’

Hard Cap N/A
Total Tokens 1.4 billion
Tokens available in presale Not a presale
Blockchain Solana
Token type SPL
Minimum Purchase None
Purchase with ETH, USDT, USDC, SOL or any other Solana-based token

 

8. eTukTuk – Shaping the Future of Transportation in the Developing World Through EV Tuk-Tuks        

eTukTuk is also one of the best crypto presales for sustainable investors. While it doesn’t have charitable causes, eTukTuk is creating a sea-change in transportation. Put simply, the project manufacturers tuk-tuks but with a difference – they function on electric energy rather than fossil fuels.

This is a huge target market, considering that the vast majority of tuk-tuks operate internal combustion engines. These are extremely bad for the environment, so eTukTuks are helping combat rising carbon emissions. Not only that, but eTukTuks are built with sustainable materials in the Asian region. This makes eTukTuks affordable; which is crucial for its concept to truly takeoff.

eTukTuk presale

Another benefit is that eTukTuks are manufactured as OCPP (Open Charge Point Protocol) compliant. In simple terms, this means its EV tuk-tuks are compatible with existing charging networks. Therefore, eTukTuks are ready for a streamlined rollout. The project will initially target the Sri Lankan market, which is where eTukTuk is headquartered.

It will then expand into other Asian and African economies. This means that for the greatest upside, eTukTuk is a long-term play. That said, even if you’re a short-term trader, you’ll like the presale discount that’s currently available. Right now, you’ll pay just $0.024 per TUK token. This represents a 40% discount for stage-one investors.

Token symbol TUK
Presale supply 200,000,000 TUK
Token type BEP-20
Payment methods ETH, BNB, USDC, USDT, ADA
Listing price Not stated

9. Dogecoin20 – The better version of DOGE that offers staking rewards

Dogecoin20 is a new meme token that emerges as a significant upgrade from Dogecoin, introducing features to overcome its predecessor’s limitations and enhance its sustainability.

dogecoin20 crypto presale

Conceived as Elon Musk’s theoretical design for Dogecoin in 2013, Dogecoin20 integrates meme culture with innovative mechanisms like a deflationary model and on-chain staking, appealing to both meme enthusiasts and long-term investors.

With a sustainable staking model offering over 200% APY, early adopters stand to benefit from long-term passive rewards. The project’s roadmap includes presales, Uniswap listing, and initiatives aimed at supporting charitable causes and community-driven projects.

By leveraging a fixed token supply and sustainable staking, Dogecoin20 aims to generate upward price pressure and establish itself as a beacon of sustainability and benevolence within the meme coin space.

Your money is at risk.

10. Bitcoin Minetrix – Crypto Presale With the World’s First Stake-To-Mine Ecosystem & 77,112% APY

Bitcoin Minetrix ($BTCMTX) is a high-potential crypto presale that has just launched, raising over $100k within hours and offering sky-high yields of 77,112%. These yields will come down with time, but showcase the potential this project has. 

This is an innovative presale that targets Bitcoin’s inefficient mining system. It offers a new way to earn rewards from Bitcoin mining with no specialized knowledge required. The upfront investment is just $10. 

In comparison, a Bitcoin mining rig can cost 1000x more, at $10,000. And that is not mentioning the electricity costs or the fact that a lot of knowledge is necessary in relation to maintenance and running the hardware profitably. 

Bitcoin Minetrix allows users to run a miniature mining rig from the comfort of their desktop, with a neat dashboard providing an overview of the performance. A mobile application will also be launched in the future, meaning that people can check their mining performance on the fly. 

It only takes a few clicks to stake, burn, and withdraw tokens. The $BTCMTX token is staked in return for cloud credits. These credits represent BTC hashing power, which is burned for rewards. It makes Bitcoin mining as easy as it could possibly be, with no knowledge required and a $10 investment. 

There isn’t even a requirement to download an application, as it is (currently) browser-based. Early presale investors will benefit from a discounted price of $0.011 in stage one, which is set to increase to $0.0119 in the final stage. The total hard cap for this project is $32 million, with 2.8 billion of the 4 billion token supply available in presale. 

This is a transparent presale that is entering an untapped BTC mining industry through Ethereum, something we have not seen before. It could revolutionize how we see Bitcoin mining and help to make the industry accessible to anybody with a computer or mobile, and the willingness to learn. 

This campaign has further undergone a thorough third party smart contract audit, and has scored top marks. 

Key details can be obtained from the official Bitcoin Minetrix Whitepaper, as well as the project socials (Twitter and Telegram). 

Crypto $MK
Total Tokens 4 Billion
Tokens available in presale 2.8 Billion
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase $10
Purchase with USDT, ETH, BNB, Bank Card

11. Scorpion Casino – Regulated Online Casino With a Native Utility Token [Current Presale Upside of 177%]     

Scorpion Casino is a regulated online casino that specializes in digital assets. It allows players to gamble cryptocurrencies on blackjack, roulette, slots, and other popular casino games. It also has a sportsbook with live betting markets. Unlike traditional operators, Scorpion Casino offers KYC-free accounts and almost instant payouts.

This will appeal to gamblers who are tired of having to upload countless verification documents and wait days to be paid out. As a crypto-centric platform, Scorpion Casino has also developed a utility token, SCORP. This offers token holders staking rewards, bonuses, and other perks within the Scorpion Casino ecosystem.

Scorpion Casino presale

From an investment perspective, SCORP allows you to gain exposure to the growth of cryptocurrency gambling. The Scorpion Casino presale is already in full flow, having raised more than $1 million. There’s a huge incentive to invest in its presale at the earliest stage possible. For a start, the current presale price is just $0.018.

Scorpion Casino will list SCORP tokens on exchanges at $0.05 after the presale finishes. As such, there’s a 177% upside available today based on these price points. What’s more, presale investors are further incentivized with a casino credit bonus. Up to 40% of the presale investment amount will be awarded and the casino credits come without wagering requirements.

Token symbol SCORP
Presale supply 200,000,000 SCORP
Token type BEP-20
Payment methods ETH, USDT, BNB
Listing price $0.05

Our Methodology When Rating Crypto Presales

There are new crypto presales launching every day. This means that we spent countless hours shortlisting and researching a significant number of projects. We have a proven methodology that enables us to separate the good from the bad.

  • Shortlisting Presales and Whitepaper Analysis: Initially, we’ll manually read the presale’s whitepaper and assess its objectives and roadmap targets. We’ll also assess whether the presale’s smart contract has been audited and if this yielded any vulnerabilities or risks.
  • Tokenomics and Presale Financials: We analyze the presale project’s tokenomics extensively. This includes its initial and total supplies, taxation, and how many tokens will be allocated for the presale. We also assess how the presale funds will be used by the project. Importantly, we analyze whether there are any presale discounts available and what upside early investors can expect. What’s more, we’ll evaluate how well the presale has gone so far if it’s already launched. If the presale is selling its allocation quickly, this is a good sign. But if the fundraising process is struggling to attract investors, this is a red flag.
  • Partnerships and Notable Investors: Our methodology also explores whether the crypto presale has any notable partnerships. For example, if a presale has the backing of an established blue-chip company, this is a very good sign. What’s more, if the presale has well-known advisors or investors on board, this is also positive. We’ll verify the claims made by the presale project to ensure they are legitimate.
  • Market Sentiment: When researching the best crypto presales, we look at the broader market sentiment. This is a very important part of our methodology, as the markets often move in trends. For example, meme coins are all the rage in 2024. Furthermore, we’ll analyze social media to see which presales are gaining traction. Reddit, Twitter, and Telegram are great sources.
  • Upside Potential: While the upside potential can be difficult to assess, there are some key metrics we look for. First, we prefer crypto presales with a small market capitalization. This gives the project lots of room to grow once it lists on exchanges. We’ll also assess which exchanges the presale token will list on. If the token is listed on tier-one exchanges with a huge audience, our methodology scores it highly. But if it’s a small decentralized exchange, the upside could be limited.

What Are Crypto Presales?  

Crypto presales, also known as initial coin offerings (ICOs), allow newly founded blockchain projects to raise funds from investors. This is similar to a traditional startup raising funds from venture capitalists. But instead of giving up equity in a company, crypto presales provide investors with their native tokens.

These tokens are yet to launch to the public, meaning they don’t trade on crypto exchanges. This means that early investors can buy the presale tokens at the earliest stage possible. This offers a first-mover advantage for growth investors, as exposure to the project is secured from the ground up.

What’s more, the best crypto presales incentivize early investors. For example, presale investors often get a discounted cost price. This is similar to investing in an initial public offering (IPO) before it is listed on a stock exchange. Therefore, presale investors can secure an immediate upside before the tokens are sold to the public.

Wall Street Memes (WSM)

The presale investment process is relatively straightforward. Most presales sell their newly created tokens in exchange for established cryptocurrencies. This is usually Ethereum (ETH), Tether (USDT), and BNB (BNB). We found that some of the best crypto presales also accept Visa and MasterCard. If you choose this option, you’ll need to go through a KYC process.

After you’ve invested in a crypto presale, you normally need to wait for it to finish before receiving your tokens. These will be transferred to the wallet you used when making the presale investment. After the presale is over, the project will list the tokens on an exchange. If the presale has done a good job marketing its project, the exchange listing could generate significant returns.

For example, Sui is one of the best success stories of 2024 – it grew by over 1,600% after listing on an exchange. However, many presales do the opposite – they decline in value after their exchange listing. Therefore, you’ll need to consider the high-risk nature of presales before investing.

Understanding How Crypto Presales Work in 2024 

We’re now going to explain how crypto presales work in a lot more detail. If you’re a beginner, it’s important you read through these sections. In doing so, you’ll have a firm grasp of what to expect before making a presale investment.

Key Points on Crypto Presales

Here’s a quick overview of the crypto presale investment process:

  • A new blockchain startup is formed. The project creates a new cryptocurrency token via an existing network, such as Ethereum or Binance Smart Chain.
  • The project will create a whitepaper and begin marketing its presale. Investors can read the whitepaper to assess the viability of the project.
  • Once the presale launches, investors can buy the newly created token. The presale will usually accept ETH, USDT, BNB, and other popular cryptocurrencies.
  • After the presale is over, you will receive your tokens. The project will then list its tokens on a crypto exchange. This enables people to buy and sell the token, which will impact its market value.

Initial Stage – New Concept and Smart Contract Development 

Crypto presales are associated with new blockchain startups. The project will usually have an objective and claim to solve a real-world problem. For instance, eTukTuk is manufacturing EV tuk-tuks for the developing world. The problem it solves is two-fold; its EV tuk-tuks help combat rising pollution levels and they are more cost-effective to purchase and run.

That said, some blockchain startups are aligned with meme coins. While they don’t solve any existing problems, meme coins are all about hype. For example, Pepe grew by over 7,000% earlier in 2024 in less than a month of launching. Pepe is nothing more than a meme coin inspired by Pepe the Frog.

Irrespective of the use cases or objectives, projects will develop a brand-new cryptocurrency token before launching their presale. The token will usually operate on top of an established blockchain like Ethereum. A smart contract will be developed, which is unique to the presale project. This outlines the tokenomics of the new token, such as:

  • The total supply of the tokens
  • The rate that new tokens will enter circulation
  • Whether any tokens will be locked (for example, those held by the team)
  • Transaction taxes, if any

The smart contract process is very important. If there are any vulnerabilities in the code, this could lead to issues for the project. This is why the best crypto presales have their smart contracts audited by a third party.

Presale Launch Allocation, Pricing, and Caps  

New crypto launches will usually allocate a percentage of the total supply to the presale. Once again, this is similar to the stock IPO process. For example, when Tesla held its IPO in 2010, it sold approximately 13.3 million shares. This represents just 14% of the overall shares in supply.

What is the Hard Cap in a Crypto Presale?

  • When you invest in crypto presales, you’ll often come across the term ‘hard cap’.
  • The hard cap is the maximum amount of capital the presale wants to raise.  Hard caps are in place to ensure the project doesn’t unnecessarily raise too much.
  • Once the hard is reached, the presale will end. The tokens will then be listed on crypto exchanges.
  • If the hard cap isn’t reached, the presale will end on a pre-scheduled date.
  • However, if the ‘soft cap’ isn’t reached, then the presale will not have raised its minimum target. In this instance, the project will likely return the presale funds it raised.

Not only will the crypto project set a presale allocation, but it will likely have multiple stages too. This means that each presale stage will have a different cost price. This is usually staggered, so the earlier the investment, the lower the presale price.

Therefore, if you’re passionate about a presale project, it’s wise to complete your investment as early as possible. This should, however, only be after you have done your due diligence and considered the risks.

The Presale Investment Process 

Now that we’ve covered the financials of a crypto presale, let’s run through the investment process. In most cases, crypto presales are run on the project’s website. This removes the need for third parties, as investors can purchase presale tokens directly. This reduces friction, fees, and processing times.

Wall Street Memes presale

In terms of payment methods, most presales accept established cryptocurrencies. This is usually ETH, USDT, and/or BNB. To invest, you’ll also need to have a crypto wallet. The most popular crypto wallets for presales include MetaMask and Trust Wallet. But many other wallets can be used.

After connecting your wallet to the presale website, you’ll be asked for the investment amount. This is the number of cryptocurrency tokens that you want to exchange.

Once you confirm the investment, the cryptocurrencies will be transferred from your wallet to the presale. At this stage, there’s nothing else to do until the presale is over.

Can I Invest in a Crypto Presale With Fiat Money?

  • Although presales are legal, projects cannot directly accept fiat money from investors.
  • If they do, the presale could be viewed as a security offering, as explained by the SEC. In this instance, the presale would require approval from national regulators.
  • However, this isn’t easy to enforce, considering that presales operate without borders.
  • What’s more, some presales get around these restrictions by using an independent payment processor.

After the Presale is Over  

Once the presale has reached its conclusion, you will receive your tokens. This will usually be deposited directly into the wallet you used to make the investment. However, some presales require you to claim the tokens manually. This simply means reconnecting your wallet to the presale website.

  • When the tokens are deposited into your wallet, you then need to consider your next move.
  • Most presales will list on a crypto exchange once they are over.
  • If the project has created a lot of hype, it could be listed on tier-one exchanges.
  • These are the largest crypto exchanges for trading volume, such as Binance, Kucoin, and Gate.io.

However, the majority of presales will initially launch on decentralized exchanges. If it’s an Ethereum-based token, Uniswap is usually preferred. If it’s a Binance Smart Chain token, the exchange will likely be PancakeSwap. Either way, the token listing event is a very important part of the crypto presale process.

Once the tokens are listed, the general public can buy them. The hope is that the listing attracts lots of new buyers, allowing the value of the presale token to increase. However, if too many presale investors sell their tokens, the price will decline. In fact, it can decline below the presale price that you paid. These risks should be considered before investing in a presale.

Benefits of Investing in Crypto Presales 

Now we’ve explained how crypto presales work, let’s explore why they could be a good fit for your portfolio.

Discount and Immediate Upside 

Crypto presales incentivize early investors. This is usually through a presale discount, which often results in an immediate upside.

  • For example, if you invest in the Scorpion Casino presale today, you’ll pay $0.018 per token.
  • After the presale, the tokens will be listed on exchanges at $0.05.
  • This translates to a presale discount of 64%.
  • In other words, once SCORP tokens are listed on exchanges, you can sell them at $0.05 – 177% more than you originally paid.

Presale discounts are particularly attractive for short-term investors. This is because there’s no requirement to hold onto the tokens for months or years. Instead, many presale investors will sell their tokens after the exchange listing. This secures a quick profit before moving on to the next presale.

Potential for Huge Returns   

While discounts are attractive, these are often insignificant when compared to the presale’s longer-term potential. This is because most crypto presales will have a small market capitalization – so there’s lots of room for sizable growth. Moreover, some investors wait until presale tokens are listed on exchanges before making a purchase.

Either way, let’s look at some notable examples of what presale campaigns can achieve after their exchange listing.

First, let’s consider one of the most successful presales of all time – Ethereum. When Ethereum held its presale in 2014, investors paid just $0.31 per token (based on BTC/ETH exchange rates at the time). As we now know, Ethereum went on to become the world’s second-largest cryptocurrency for market capitalization. Today, Ethereum is priced at over $1,600 – more than 5,000 times its presale price.

Ethereum price chart

A more recent presale success story is Floki Inu. The presale launched in 2021, selling FLOKI tokens at $0.0000041 each. By November of the same year, FLOKI tokens hit an all-time high of $0.0003437 – over 82 times its presale price.

And then there’s Sui, which we mentioned earlier. This presale cryptocurrency grew by over 1,600% after launching on exchanges. These gains were secured within one day of being listed.

There are many other presale success stories like Ethereum, Floki Inu, and Sui. However, there are also many presales that fail to live up to their expectations. We cover the risks of presales in more detail further down.

Short-Term Returns   

To maximize the upside potential of a presale investment, long-term holdings are often the best strategy. This gives your presale investment enough time to blossom. After all, the markets often respond well when crypto projects hit their roadmap targets.

However, some presales witness rapid growth in the space of a few weeks, before peaking. Then a complete reveal happens and the tokens never recover. The key point is that some of the best crypto presales are ideal for short-term traders.

For example:

  • Suppose you invested in the Tamadoge presale in late 2022.
  • In doing so, you would have paid $0.01 per TAMA token.
  • As per CoinMarketCap data, TAMA was listed on exchanges at $0.02202 – which is an immediate upside of over 100%.
  • Just a week later, TAMA hit an all-time high of almost $0.20.
  • This represents gains of nearly 20x when compared to the initial presale price.

Sui followed a similar trajectory – where it grew by 16x within a day of listing on exchanges. If you see your presale investment follow a similar path, it can be difficult to know when to cash out. After all, nobody knows where or when the peak will be hit.

For instance, Shiba Inu’s rapid growth lasted from August 2020 until October 2021. In contrast, some presale projects might only see growth for a few days before declining. In these circumstances, it’s best to have an exit strategy. This might entail cashing out your original investment once it’s grown by a certain percentage. And then doing additional cashouts as it continues to grow.

Low Barrier to Entry   

When compared to traditional financial markets, crypto presales have a very low barrier to entry. This is because of the anonymous and unregulated nature of cryptocurrencies. In other words, crypto presales do not place restrictions on who can invest. As presale investments are made with other cryptocurrencies, there aren’t any regulatory hurdles to bypass.

Now consider the process of investing in stocks. You’ll need to open an account with a regulated stock broker and complete a KYC process. This means providing personal information and government-issued ID. You might need to wait several days before your documents are verified. If you’re investing larger amounts, you might need to show proof of source of funds.

Crypto presales also cater to investors of all budgets. We found that some of the best crypto presales do not have a minimum investment requirement. This means you can invest any amount you feel comfortable with.

Tips on Selecting the Best Cryptocurrency Presales for Maximum Returns 

Picking the next Ethereum or Shiba Inu is a tall order. The main issue is that there are new crypto presale launches every day. While diversification can help, you won’t be able to invest in all crypto presales. As such, you’ll need to have strict criteria in place to help you choose the best projects.

In the following sections, we discuss the most important factors when researching crypto presale investments.

Whitepaper Analysis 

The whitepaper should tell you everything you need to know about a crypto presale project. Similar to an academic paper, whitepaper should leave no stone unturned. The whitepaper will outline the overall concept of the project, what it aims to achieve, and the real-time problems it solves. Any claims made by the whitepaper should be supported by reliable sources.

In addition, the whitepaper will outline the project’s roadmap. This usually breaks down the project’s operational targets on a quarter-by-quarter basis. The whitepaper also offers insights into the tokenomics of the project.  For example, the number of tokens it’s creating, how many will be sold during the presale, and whether any lock-up periods are in place.

yPredict whitepaper

Crucially, the whitepaper should give you a solid idea of whether the presale has any potential. A well-written and informed whitepaper is always a good sign – it shows that the project is serious about its goals. However, you might also come across whitepapers that are a couple of pages long.

Ultimately, if the project is unable to create an in-depth whitepaper for investors, it likely won’t follow through on any of its promises. On the flip side, a comprehensive whitepaper doesn’t guarantee results. But it’s a good starting point nonetheless.

Token Utility 

It’s also important to assess the ‘utility’ of the crypto token you are investing in. This refers to the use cases of the token. Put otherwise, if the token has a solid utility with actual use cases, people have a reason to purchase it.

Some of the best altcoins – especially those in the top 100 for market capitalization, have an identifiable use case. It means that they aren’t simply purchased for speculative reasons.

That being said, there are many top-performing cryptocurrencies that do not have a use case. For example, Shiba Inu grew by millions of percent after its ICO. Dubbed a ‘Dogecoin Killer’, the project was nothing more than a meme coin. But today, Shiba Inu still has a multi-billion dollar valuation.

Favorable Entry Price

When investing in new cryptocurrencies, you’re taking on additional risk. This is because the project is brand new and has little to no track record. In return, you should expect an attractive entry price when investing in crypto presales. This is why the best crypto presales offer a discounted purchase price for early investors. It’s an incentive for the enhanced risk you’re bringing to your portfolio.

For example, suppose a cryptocurrency presale is planning to launch on exchanges at $1. This means that anyone can buy the tokens for $1 once they begin trading. However, as a presale investor, you should expect a more favorable price. After all, you’re locking your investment up for several weeks or months without seeing a return.

eTukTuk, for instance, is offering a 40% discount right for presale investors.

Community Strength and Broader Hype

The only way that you will make money from a crypto presale investment is if the project attracts new buyers. One of the most effective ways to achieve this is by building a strong community.

Shiba Inu is a great example of this. Although Shiba Inu was marketed as a meme coin alternative to Dogecoin, it had a significant community following. In turn, its community was able to spread the word about Shiba Inu through online channels, such as Reddit, Twitter, and Telegram. This in itself creates hype and encourages new investors to jump on board.

As such, when searching for the best crypto ICOs, it’s wise to assess the size of the project’s community. If the project is brand new and it already has a strong following, this is a good sign.

Market Capitalization and Upside Potential

To assess the upside potential of a crypto presale investment, you’ll need to know its market capitalization. This is based on the exchange listing price and the number of tokens in circulation.

For example, suppose that after the presale finishes, the tokens will be listed on exchanges at $1 each. There are 5 million tokens in circulation. This means that upon being listed, the project will have a market capitalization of $5 million.

What’s the Fully Diluted Market Cap?

  • When you visit data aggregation websites like CoinMarketCap, you’ll likely see the ‘fully diluted’ market cap.
  • This values cryptocurrencies based on the total number of tokens in supply, not circulation.
  • For example, suppose the project has 10 million tokens in circulation and 20 million in supply. If the token is priced at $1, it has a fully diluted market cap of $20 million.
  • However, the actual market cap is $10 million, as only 10 million tokens are currently in circulation.
  • Ultimately, if tokens aren’t in circulation, they shouldn’t be included in the cryptocurrency’s market cap. As such, you should avoid using the fully diluted market cap, as it offers little value.

Now, you might be wondering what the ideal market capitalization is when investing in a crypto presale. There’s no simple answer to this, as it’s all about the risk-reward spectrum.

For example:

  • Suppose a crypto presale lists on exchanges with a market capitalization of $2 million.
  • With such a small valuation, it wouldn’t need to attract a lot of buying pressure.
  • On the contrary, it could generate huge gains in a very short period of time.
  • For instance, if the tokens increased by 20x, they would still only be valued at $40 million.

Now consider a presale that’s listed on exchanges with a market capitalization of $200 million. It would be a lot harder for the project to grow by 20x. After all, this would require a valuation of $4 billion. Although not impossible, it’s very unlikely.

On the flip side, small-cap cryptocurrencies are a lot more risky. While they can increase very quickly without much buying pressure, the opposite is also true. This means that if presale investors dump their tokens early, it could result in a rapid decline.

Ultimately, you’re likely investing in crypto presales because you want to target huge growth without holding for years. To achieve this, you’ll need to focus on small-cap presales that have a realistic chance of attracting new buyers.

Confirmed Exchange Listings 

Another tactic when searching for the best crypto presales is to assess which exchanges the tokens will be listed on. This will vary considerably depending on the presale.

For example, most crypto presales are unable to secure listing agreements with centralized exchanges. This is because centralized exchanges prefer more established cryptocurrencies. However, there are always exceptions.

Crucially, it’s big news when a brand-new cryptocurrency is able to secure listings with popular exchanges. After all, tier-one exchanges usually have millions of active traders and a trusted reputation.

What is a Tier-One Exchange?

  • While there isn’t a universally accepted definition, tier-one exchanges share characteristics.
  • In most cases, tier-one exchanges attract a significant amount of daily trading volume and liquidity.
  • Moreover, tier-one exchanges have a solid reputation for safety and they’re usually regulated.
  • Most tier-one exchanges can accept fiat money deposits, making it easier for people to invest.
  • Examples of tier-one exchanges include Binance, Kraken, Coinbase, Gate.io, and KuCoin.

That being said, rarely do crypto presales secure centralized exchange listings from the get-go, let alone tier-one providers. Instead, most crypto presales list on decentralized exchanges to begin with. This will usually be Uniswap or PancakeSwap, depending on the token’s network.

Pepe listed exchanges

Although decentralized exchanges have much lower liquidity, they still offer plenty of opportunities for growth. And, if the presale token creates hype, centralized exchanges often take notice. For example, although Sui was only launched in May 2023, it’s already listed on some of the world’s largest exchanges – including Binance, KuCoin, and Coinbase.

Where to Find New Crypto Presales

Now that you know how to analyze crypto presale investments, we’ll discuss where to find them.

Presale Listing Websites

One of the easiest ways to find upcoming ICOs is to research listing websites. Similar to ICObench, these are websites that list upcoming presales. Each presale listing usually has information about the funding target, token price and allocation, accepted cryptocurrencies, and links to the project’s website. This enables you to do your own research and create a shortlist of potential presale investments.

CoinMarketCap also lists upcoming presales, but these are rarely updated. For example, CoinMarketCap currently has just two presales listed – Kryptview and SOLA-X.

Reddit

You can also research relevant Reddit forums the find the best crypto presales. A good starting point is the r/ICO subreddit, which has over 50,000 members and discusses some of the best cryptocurrencies on the market. Although the group isn’t super active, there are several posts per week. This ensures that you are not overwhelmed with too much information.

Another option is r/CryptocurrencyICO. This subreddit has an even larger audience of over 185,000 members. New token sales are often posted by the project team, which can then be discussed openly by the Reddit community.

Popular Crypto YouTubers 

Next, create a shortlist of popular YouTubers from the crypto and blockchain niches. Make sure each channel is dedicated to new projects and not established altcoins. This will ensure that your chosen YouTubers are relevant.

Jacob Bury’s YouTube channel is a good example. It’s often the go-to place for finding the best crypto presales, as Bury has picked some of the top-performing projects in recent years. This includes Lucky Block (60x), and Tamadoge (20x).

Jacob Bury's YouTube channel

TheFinanceValueGuy channel is also worth checking out. Although this YouTuber discusses penny stocks, it also covers new crypto presales. This channel has over 173,000 subscribers and new crypto videos are released frequently.

Telegram Groups 

Some of the best crypto presales are heavily advertised on Telegram. After all, millions of crypto investors use Telegram every day, so it’s a great way to find upcoming presale launches. There are also Telegram groups dedicated exclusively to presales.

For example, some groups will provide daily updates on upcoming launches, alongside links to the respective website. Other groups are more analytical, offering insights and recommendations on the best token sales to invest in.

There isn’t a centralized database of presale Telegram groups. Instead, you’ll need to search for groups using keywords, such as ‘crypto presale’ or ‘‘how to buy ICOs‘. It’s worth focusing on groups with a large following, as there’s more chance of it offering useful information.

That said, you should tread carefully when discussing presales on Telegram. Although popular, Telegram is a hotbed for scammers. If anyone sends you a private message with a link to a presale, never click it – it could be malware.

Risks to Consider Before Investing in a Crypto Presale

We’ve prepared you with all the information you need to find the best crypto presales for 2024. However, before proceeding, it’s important you have a firm grasp of the potential risks.

The main risks associated with crypto presales are discussed below:

Volatility and Financial Loss

You should expect lots of volatility when investing in a crypto presale. Once it hits exchanges, the market is open to buyers and sellers. If the price of the token is rising quickly, some presale investors will look to cash out their profits. If too many people cash out, this can result in a rapid price decline.

ICO statistics show that volatility will be even higher when you invest in small-cap presales. This is because there’s less liquidity in the market, so prices can rise and fall more sharply.

Crucially, you also need to consider that not all presales are successful. You will lose money if the value of the tokens declines below what you paid. This can happen when too many people lock in their presale discounts for an immediate upside.

When to Cash Out a Presale Investment

  • You’ll need to think carefully about when to sell your crypto presale tokens. Prices can fall just as quickly as they rise.
  • Selling too early can mean missing out on much larger gains.
  • But selling too late could mean that you don’t make any money at all.
  • To counter this risk, have an exit strategy in place before the crypto presale is listed on exchanges.
  • For example, assess what gains you want to target and at what point you’ll cash out your original investment.

Vesting Lock-Ups 

Before investing in a presale, you should understand the terms of the purchase. This is because some crypto presales come with vesting lock-ups. This is similar to stock vesting when a company completes its IPO. In many cases, the founders of the company aren’t able to sell their shares until a minimum period has passed. And even then, only a certain number of shares can be sold each period.

  • Put simply, if your presale tokens are vested, you won’t be able to sell them outside of the agreed terms.
  • This is built into the smart contract of the project.
  • For instance, you might only be able to sell 20% of your presales tokens once they’re listed on exchanges.
  • After that, you might only be able to sell 10% every month.
  • By the time your tokens are released in full, their value might have declined considerably.

That said, vesting can be wise if you’re getting a good deal and you believe in the long-term potential of the presale. Just remember that vesting agreements cannot be amended – they’re set in stone.

Presale Rugpulls

Not all presales are legitimate. A small percentage of presale projects are scams. This is known as a ‘rugpull‘ and the objective is to raise as much funds from presale investors before going missing. This means that you’ll be left holding worthless tokens.

It can be difficult to spot a rugpull, which is why you should never invest more than you can afford to lose. For example, many crypto presales have anonymous teams – meaning you won’t know the identity of its founders. While this could be a red flag, many successful cryptocurrencies were created anonymously. This even includes the world’s largest cryptocurrency – Bitcoin.

Squid Game rugpull

Another potential red flag is related to the presale’s smart contract. If the smart contract hasn’t been audited, then you’re stepping into unknown territory. This is because you won’t know if the smart contract has risks or vulnerabilities. For example, the smart contract might allow the owner to block transactions or create new tokens –  which they could then sell.

Tax Liabilities

Another risk to consider is the tax on your crypto presale investments. Crypto tax rules will vary from one country to the next. However, most tax authorities – including the IRS, view crypto sales as an asset disposal. In turn, any profits made could be liable for capital gains tax.

Here’s where things get tricky. Suppose you want to invest in a crypto presale, using the Ethereum in your wallet as payment. When you transfer the Ethereum to the presale wallet, you’ve disposed of the tokens. So, if you disposed of Ethereum at a higher price than you paid, capital gains tax could be due. Moreover, if your token sale results in a presale profit, this could also trigger a tax liability.

It’s a good idea to keep records of your crypto investments – especially the cost and disposal prices. You might also consider speaking with a qualified tax advisor based in your country of residence.

Conclusion

We’ve discussed the best crypto presales for 2024 alongside the risks and potential rewards and came to the conclusion that the overall best project would have to be Dogeverse.

Dogeverse offers multi-bridge utility which makes the project accessible to all investors. The project is a serious upgrade from the original DOGE which lacked utility and accessibility.

Your money is at risk.

FAQs

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By Kane Pepi

Kane Pepi is an established financial and cryptocurrency writer with over 2,000 articles, tutorials, and market insights under his belt. Kane has a reputation for offering concise explanations of complex financial matters due to his competence in specialized fields such as asset valuation and analysis, portfolio management, and financial crime prevention. He has a Bachelor's Degree in Finance, a Master's Degree in Financial Crime, and is now working on his Doctorate degree, which will focus on the difficulties of money laundering in the cryptocurrency and blockchain technology industries. Kane's abundance of knowledge and expertise in the sector make him an invaluable resource for anybody navigating the world of finance and cryptocurrency.