10 Best Cryptocurrency Presales to Invest in 2024

While crypto presales are risky, investing in the right project can yield significant gains. Ethereum, Tezos, and Filecoin are just a few examples of presales that have gone on to explode in value.

This guide explores the 10 best crypto presales to consider in 2024. Read on to discover the next 1,000x presale campaign.

The Top Crypto Token Presales to Invest in Now

Those strapped for time will find the 10 best crypto presales listed below:

Dogecoin20: Best crypto presale to buy now with over $200k raised; 2,000% p/a staking rewards
Green Bitcoin: Staking Bitcoin alternative; raised $4.5 million in presale so far
SpongeV2: New version of popular 100x Sponge token with 42% APY.
Dais: Sustainable fashion project using VR to design and exhibit outfits.
Dogodoge: Meme coin with its own metaverse, raised $1.5m in presale.
Harambe AI: AI-powered crypto hedge fund, passive returns for holders.
Pudel: Poodle-themed coin with $300k raised, future NFTs and DEX.
CloudBTC: Eco-friendly staking crypto alternative to Bitcoin.
Cogwise: AI-powered trading platform offering 60% gain during presale.
Pullix: Trade-to-earn crypto with a powerful exchange and trading platform.

Reviewing the Top New Cryptocurrency Presales

Extensive research is crucial when selecting the best token sales for your portfolio. Read on to discover more about the presale projects listed above.

1. Dogecoin20 (DOGE20): Overall Best Cryptocurrency Presale to Invest in 2024 ($200k raised in 24 hours)

Our top pick, Dogecoin20 is the new dog on the block and the best crypto presale to invest in. It’s a new ERC-20 token that embodies the vision of how Elon Musk would have created DOGE, combining the iconic Doge character with modern advancements in blockchain technology.

But Dogecoin20 isn’t just about paying homage; it’s about leading the charge towards a more sustainable and eco-friendly future for meme coins. While traditional meme coins like Dogecoin rely on the energy-intensive proof-of-work consensus mechanism, Dogecoin embraces the future by using the Ethereum network to power its reward system.

DOGE20 holders can stake their tokens to receive staking yields of over 2000% currently. With rewards distributed over a two-year period, early investors stand to benefit greatly, with a substantial 12.5% of the total supply allocated for rewards in the first year alone. The token is priced at $0.00014, but this is set to rise once the short presale period ends.

Accepted payment methods are ETH, USDT, BNB, and credit cards (KYC required). Potential investors should note that tokens purchased with BNB won’t be eligible for staking rewards.

Presale project: Dogecoin20 ($DOGE20)
Raised so far: $250k
Blockchain: Ethereum Network
Token type: ERC-20
Accepted payment methods: Dogecoin20 can be purchased with ETH, USDT, or a credit card (KYC required). Users can also purchase with BNB but won’t have access to staking rewards.

Visit Dogecoin20

2. Green Bitcoin (GBTC): Staking Alternative to Bitcoin with $4.5 Million Raised Already

Green Bitcoin is a new ERC-20 crypto project that combines GameFi, staking rewards, and Bitcoin tokenomics. Holders can stake GBTC to partake in weekly prediction challenges and wager bets on what price they expect Bitcoin to reach. Winners will earn rewards every week; it’s the perfect game to test your Bitcoin-savvy and show off your understanding of the crypto market.

With Bitcoin using the energy-intensive Proof-of-Work (PoW) consensus to validate transactions, many people are looking for more eco-friendly alternatives. Green Bitcoin uses 10,000 times less energy than traditional Bitcoin by being built on the Ethereum blockchain, which uses Proof-of-Stake instead.

Their funding round is already off to a great start, with $4.2 million raised out of their $4.5 million goal. Fortunately, the ongoing presale is offering preferential pricing for early-bird investors. This gives investors a chance to get in quick while the price is low.

Accepted payment methods are ETH, USDT, BNB, and credit cards (KYC required). Potential investors should note that tokens purchased with BNB won’t be eligible for staking rewards.

Presale project: Green Bitcoin (GBTC)
Raised so far: $4.2 million
Blockchain: Ethereum Network
Token type: ERC-20
Accepted payment methods: Green Bitcoin can be purchased with ETH, USDT, or a credit card (KYC required). Users can also purchase with BNB but won’t have access to staking rewards.

Visit Green Bitcoin

3. SpongeV2: Over $10 Million Bridged and Staked with

Based on the $28 million already staked, SpongeV2 could be one of the biggest presales for 2024. It’s a new version of Sponge, a viral meme token that experienced a 100x pump in 2023. For investors who missed out, SpongeV2 offers them a second chance. The only way to get SpongeV2 right now is to buy the V1 token and stake it to bridge to V2. Staked V1 tokens will be permanently locked and investors will receive rewards in $SPONGE V2 tokens for the next 4 years.

Already the token is outperforming the previous version – the Sponge V1 launch price was $0.000025, while the V2 is currently priced at $0.002755, a 11021.72% price increase. The team behind $SPONGE aims to deliver its investors 100x return and achieve listings on Tier-1 crypto exchanges like Binance and OKX.

There is already $28,559,220.67 worth of SPONGE tokens staked and bridged with an APY of 174%. For a limited time, new investors in $SPONGE will receive a 100% purchase bonus in V2 tokens. Tokens can be bought with ETH, USDT, MATIC, and credit cards (KYC required), but it should be noted that tokens bought with MATIC won’t be eligible for staking rewards

Presale project: Sponge V2
Raised so far: $28 million
Blockchain: Ethereum Network
Token type: ERC-20
Accepted payment methods: ETH, USDT, MATIC, and credit cards (KYC required)

Visit SpongeV2

4. Dais ($DAIS): An All-Virtual Fashion Experience From Design to Exhibition.

Dais is focused on sustainable fashion which is a growing trend and in response to increasing ethical and environmental concerns associated with traditional cloth-making practices. The project utilizes AI to virtually showcase new outfits. This approach allows designers to both craft and exhibit garments without ever having to source and process materials.

At the time of writing, the project has raised $139,694 with 279,388,952 of a total of 2,000,000,000 tokens sold. The cost of a single token currently sits at $0.0005 and will rise to $0.001 on launch. Dais also offers immediate data curation in real-time, crafting an ideal wardrobe for every user within the metaverse. Additionally, it includes functionalities enabling the instant creation, purchase, sale, and exchange of NFTs.

The whitepaper tells us that the project is built on the Ethereum blockchain and their roadmap details four phases. The first 2 revolve around establishing the token, but the 3rd sees Dais running a full-functioning NFT marketplace, whilst the fourth sees them collaborating with famous brands, cointegration with external metaverses, a Dais DEX, the launch of a VR space and even VR games.

Presale project: Dais ($DAIS)
Raised so far: $139k
Blockchain: Ethereum blockchain
Token type: ERC-20
Accepted payment methods: ETH, USDT, Visa & Mastercard

5. Dogodoge ($DOGO): An ERC-20 Meme Project with its Own Metaverse

Dogodoge is a meme coin that incorporates built-in NFTs and its own Metaverse, the Dogoverse. It is designed as a community-driven token aimed at generating wealth. It has a total supply of 10 billion, out of which 39% has been set aside for their presale.
$DOGO is to be used for governance and Play-to-Earn (P2E) games, like the Dogo Meta Race – an NFT-based dog racing game built on the Ethereum blockchain aiming to simulate real-life racing experiences. It combines NFTs and P2E for a unique gaming experience.

You’ll also be able to convert tokens earned in-game into other currencies using the Dogo Swap DEX.
The presale of DOGO tokens is happening in several stages. It started at the price of $0.002 per token, set to rise to $0.0026 in the second phase, and eventually reached $0.0091 by the seventh stage. 766,525,566 out of a total of 1,000,000,000 presale tokens have already been sold, and they’ve already raised $1,533,051, leaving less than $500,000 before they reach their goal of $2,000,000.

Presale project: Dogodoge ($DOGO)
Raised so far: $1.5 million
Blockchain: Ethereum blockchain
Token type: ERC-20
Accepted payment methods: ETH, USDT, Visa & Mastercard

6. Harambe AI ($HARAMBEAI): AI-Powered Crypto Hedge Fund With Passive Returns

Harambe AI is an AI-powered crypto hedge fund that automatically trades tokens like Bitcoin and Ethereum for profit. The AI is capable of trading 24/7 and promises to deliver a 60% edge over the crypto market.

Owners of the $HARAMBEAI token don’t need to do anything other than stake their tokens to share in the profits generated by the AI. A portion of the AI’s profits are reinvested for additional trading, while the remainder is distributed to token holders.

The project has proven very appealing to traders and passive investors alike. It has raised nearly $5 million in its ongoing presale, which is currently priced at $0.12. Presale investors can buy $HARAMBEAI using more than 10 different cryptos thanks to a Coinbase Commerce checkout process.

30% of the project’s tokens are available during the presale. There’s no tax on $HARAMBEAI and no tokens set aside for the founding team.

Presale project: Harambe AI($HARAMBEAI)
Raised so far: $4.9 million
Blockchain: Ethereum blockchain
Token type: ERC-20
Accepted payment methods: 10+ cryptos

7. Pudel ($PUDEL): Poodle-Themed Meme Coin With NFTs and DEX

Pudel is a meme coin that also promises enough utility to help it stand out from the sea of dog-themed tokens that already exist. The project plans to release a set of poodle-themed NFTs on the OpenSea marketplace as well as launch a PudelSwap decentralized crypto exchange.

Together, these utilities have the potential to increase community engagement and generate revenue for the project over the long term. The project also plans to hold a series of airdrops that make the $PUDEL token even more valuable for investors.

20% of the total 1 trillion token supply of $PUDEL has been set aside for the presale. A 6% buy tax and an 8% burn tax ensure liquidity in the token after it is listed on exchanges.

$PUDEL has already raised more than $300,000 during its presale, which is now in its final stage.

Presale project: Pudel ($PUDEL)
Raised so far: $307k
Blockchain: Binance Smart Chain blockchain
Token type: BEP-20
Accepted payment methods: BNB, BUSD, USDT

8. CloudBTC ($CBTC): Eco-Friendly Staking Alternative to Bitcoin

CloudBTC is a digitally mineable version of Bitcoin that uses the same proof-of-stake architecture as Ethereum. This means that anyone can earn additional $CBTC tokens simply by staking $CBTC rather than investing in expensive mining rigs. Staking and earning $CBTC is also far more eco-friendly than Bitcoin mining because it uses a fraction of the energy.

40% of the total $CBTC supply is set aside for mining rewards, ensuring that this project can pay out for years to come. To encourage long-term investment, the project will also pay out annual rewards to token holders who have held their $CBTC for at least a year.

$CBTC has high aspirations, including listing on Tier-1 crypto exchanges like Binance and Huobi.

The project is still in the first stage of its presale, so early investors have a chance to lock in $CBTC at a price of just $0.0008. The team plans to list the token at $0.001715, meaning early buyers can lock in unrealized gains of 115%.

Presale project: Cloud Bitcoin ($CBTC)
Raised so far: Just launched
Blockchain: Ethereum blockchain
Token type: ERC-20
Accepted payment methods: ETH, USDT, Card

9. Cogwise ($COGW): AI-Powered Crypto Trading Platform

Cogwise is an AI-powered crypto trading platform that offers solutions for both active and passive investors. Active traders can take advantage of smart, on-chain alerts that highlight the latest trading opportunities. Passive investors can activate Cogwise’s AI-powered trading bot to buy and sell crypto on their behalf for a potential profit.

The project was launched by an experienced team of AI experts and traders, and its smart contract has been audited by Coinsult. The project has attracted a lot of attention, raising more than $6 million in its presale so far.

Cogwise is also leveraging AI to write new smart contracts, so it has potential to become a go-to platform for launching new dApps. All uses rely on the $COGW coin, so more demand for Cogwise’s AI tools means potentially more value generated for presale investors.

Presale project: Cogwise ($COGW)
Raised so far: $6 million
Blockchain: Ethereum blockchain
Token type: ERC-20
Accepted payment methods: ETH, USDT

10. Pullix ($PLX): Trade-to-Earn Crypto With Powerful Trading Exchange

Pullix is a new trade-to-earn crypto that offers investors profit-sharing in its decentralized crypto exchange and trading platform. The more traders who use Pullix to trade crypto, the more profit holders of its $PLX token stand to earn.

Pullix is attracting users with its streamlined interface, which blends the best features of traditional centralized trading platforms and newer DEXs. $PLX token holders who use Pullix to trade also get a 60% discount on trading fees.

The project plans to raise the value of the $PLX token by using profits to buy back tokens on the open market. 50% of repurchased tokens will be burned, while the remaining 50% will be distributed to token holders who stake $PLX.

Already, Pullix has raised nearly $5 million in its presale and is approaching 20% sold out.

Presale project: Pullix ($PLX)
Raised so far: $5 million
Blockchain: Ethereum blockchain
Token type: ERC-20
Accepted payment methods: BTC, ETH, USDT, BNB, SOL, USDC

What is a Cryptocurrency Presale?

A regular crypto presale allows investors to buy into a new project from the ground up. The project will issue its own native crypto asset, which is then sold to presale investors. The process is somewhat similar to a stock initial public offering (IPO) but without the regulatory hurdles. This is because presales raise funds in popular cryptocurrencies like Ethereum and BNB.

This allows anyone to invest, regardless of location or budget. In contrast, stock IPOs often come with many restrictions, such as high minimum investments and a requirement to go through a regulated broker. 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. This often means preferential pricing for presale investors. Presales are incredibly risky, as some projects will fail. However, some presales 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 crypto 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 crypto presales work before investing. Let’s break down the typical presale process.

Whitepaper, Roadmap, and Presale Announcement

Before the presale launches, the project will create 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.

The whitepaper will usually be launched to the public before the presale starts. This gives investors enough time to read through it and decide whether or not to invest. Most presales also create a Telegram channel. This enables prospective investors to ask relevant questions.

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. This is the maximum amount that the presale will aim to raise. There’s normally a soft cap target too. This 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 crypto presales 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 stake five, this could increase to $0.02. This means an immediate upside of 100% for stage one investors. This is why it’s beneficial to invest in a presale at the earliest stage possible.

Connecting a Wallet and Completing the Presale Investment

We mentioned that most crypto presales are run directly on the project’s website. This means you won’t need to go through a third-party exchange. The first step is to connect a wallet to the presale platform. If your preferred wallet isn’t listed, most presales support WalletConnect. This 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. Others deposit them directly into your wallet straightaway. This often allows investors to stake the presale tokens for passive rewards.

For example, Green Bitcoin investors are already earning 118% on their presale purchases, even though the presales are 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?

Crypto presales won’t be suitable for everyone. They’re high-risk and oftentimes, turn out to be scams. Before we discuss the risks, let’s explore the benefits of investing in crypto presales.

First-Mover Advantage

Crypto presales offer a first-mover advantage. Presale investors buy newly created tokens that are yet to be launched to the public.

This is because the tokens will only list on exchanges after the presale campaign has finished.

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.

This is the same concept as investing in Tesla when it first went public in 2010. Tesla was a loss-making company back then. Plus, electric vehicles were still viewed by many as a fad. Nonetheless, growth investors took a risk, and it paid off. Those investing in the Tesla IPO have since witnessed gains of over 16,000%.

So, when exploring which presales to invest in, consider where the project will be in five or even 10 years. If you believe in its future, the best time to invest is during the presale campaign.

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 100x 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.

Now consider a presale project like Scotty the AI, which has raised over $10 million.
If Scotty the AI increased by 100x after the presale, its market capitalization would need to rise to $1 billion.
Although challenging, this could be more realistic than BNB hitting $4.5 trillion.

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 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 900% 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%.

Some Presales Offer Immediate Upsides

Some presale investors take a more strategic approach. They look for presales offering an immediate upside. This is because early-stage investors usually get the lowest price. The tokens will be listed on exchanges at a higher price, allowing presale investors to lock in a quick profit.

For example, consider the 5th Scape presale, which is currently in stage 1. This means you’ll pay just $$0.00187 per 5SCAPE. The exchange listing price has been set at $0.01. In this instance, stage 1 investors can secure an upside of over 430%.

Many of the best crypto presales discussed today also offer discounted prices. This offers investors an early profit without needing to wait for the project to explode. That said, never assume that presale upsides are guaranteed.

If everyone else has the same idea – and there aren’t enough new buyers, the token price can plummet. While a recovery is possible, this can take time. Therefore, if presale upsides are of interest, consider diversifying across several different projects.

Diversification is Cost-Effective

We’ve mentioned the importance of diversification several times. And for good reason. 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.

Considering how many new presales are entering the market, diversification is simple. What’s more, diversification is also affordable. The best crypto presales come without 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.

Evaluate the Goals of the Crypto Project

There are many different types of presale projects. To find the next 100x, it’s best to focus on cryptocurrencies with a clear objective. For instance, what problems is it looking to solve, and what solutions does the whitepaper present?

A good example here is Dogecoin20. The identified problem is that traditional meme coins are extremely energy-intensive and have little utility to their holders.

Dogecoin20’s solution is staking. Users stake their native token, DOGE20, to earn rewards on a chain that uses thousands of times less energy. This allows investors to profit off meme coin movements but with a much lower carbon footprint.

Ultimately, to make the biggest gains from presale investments, it’s wise to focus on projects with a purpose. This will give you the best chance of producing sizable returns in the long run. After all, it can take many months for the project to achieve its roadmap targets.

Assess the Presale Token’s Use Cases

Not only do the best crypto presales have clear goals and objectives, but their underlying token should have a ‘use case’. This means it can be used within the ecosystem, offering 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. A good example here is Dogecoin20, which has built a detailed roadmap and applications in blockchain security. This is a solid use case that can help organically build demand for DOGE20.

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 project issues 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 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

We’ve established that choosing the right presale cryptocurrency can lead to substantial gains. However, the presale’s hard cap target will have an impact on the upside potential. 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 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.

Conclusion

We’ve discussed the best cryptocurrency presales to invest in 2024. Our top pick is Dogecoin20. This continues the legacy of Dogecoin while combining it with staking options. Its fresh take on the Shiba Inu meme universe has stirred up a lot of hype and with current rewards of 2000%, many investors are eager to get in early.

Over $250k has been raised in just a few days million has been raised so far, and presale investors are earning staking APYs of 2000%.

Visit Dogecoin20

References

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

The best new token sales for 2024 include Sponge V2, Bitcoin Minetrix, Meme Kombat, and eTukTuk. 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 crypto token presales?

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

What is the best site to find new crypto presales?

ICOBench and ICOHotList list upcoming crypto presales. You can also search the r/CryptocurrencyICO subreddit, which has over 186,000 members.

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.