Investing in crypto presales can be a great way to get in at the ground stages of a project. Should the ICO stage be followed by a centralized exchange listing, it could lead to meteoric gains for investors who positioned themselves early. This article will take a look at the 5 best crypto presales in October.
What Are Presales?
Presales are a way for a crypto project’s team to raise early-stage funding to build out their vision. This method of fundraising became very popular during the 2017 ICO (initial coin offering) boom. Essentially, it lets investors purchase tokens at pre-listing prices. This opens up the opportunity for potential exponential gains if the project’s team is able to deliver and the project gains traction in the market.
Most presales incentivize investors to buy their tokens in the early stages, often with a staking program. This enables investors to lock up their acquired tokens for potentially high passive rewards, with some projects even offering over 1,000% rewards for anyone who stakes their tokens.
By offering a staking program, teams are also able to minimize the initial sell pressure that often enters a crypto’s order books as soon as the token lists on either a decentralized or centralized exchange, with early investors trying to cash in the difference between when they bought the crypto and its listing price.
Top 5 Crypto Presales In October
Here are the top 5 crypto presales in October that investors should keep an eye on.
Pepe Unchained (PEPU)
Pepe Unchained (PEPU) is a layer-2 meme coin project. There has been a big push in the meme coin space recently to increase the level of utility in the lighthearted sector of the crypto market. With its own layer-2 network, Pepe Unchained aims to provide meme coins with an enhanced framework that can help them scale.
Meme coins have been very popular in 2024, with multiple projects generating impressive returns for investors. However, the hype around these tokens has proven to be too much for legacy layer-1 networks to handle on more than one occasion. Most notably, the Solana and TON blockchains both experienced more than 1 outage this year each due to an overwhelming amount of meme coin transactions.
By shifting meme coins’ transaction processing workload onto its own chain, Pepe Unchained will give backers of these tokens access to a 100-fold increase in transaction speeds. Investors will also be able to send and receive crypto at a fraction of the current cost.
As the project’s name suggests, Pepe Unchained will initially set its scope on the popular PEPE token, which has climbed the crypto ranks to become the third largest meme coin by market cap. Thereafter, the project will open up its network to both current and future meme coin projects that want to enter a new scalable era.
In addition to its layer-2 capabilities, Pepe Unchained also recently launched its developer grant program. Developers can subsequently apply for funding and, if approved, will be able to build decentralized applications (dApps) on the Pepe Unchained blockchain. This could lead to an uptick in the network’s Total Value Locked (TVL), an important fundamental metric that investors often use to gauge the adoption of a blockchain network. The project’s native PEPU token might then increase in value as Pepe Unchained’s TVL rises.
The project’s presale offers a staking program with an attractive APY. PEPU can be bought with either Ethereum (ETH), Tether (USDT), Binance Coin (BNB) or bank card.
Crypto All-Stars (STARS)
Crypto All-Stars is another meme coin project in its presale phase, and also plays into the push for increased utility in the meme coin sector with its innovative staking platform. Through the project’s MemeVault offering, meme coin lovers will be able to stake a variety of meme coins for passive rewards on one single platform.
All tokens that are locked up on the Crypto All-Stars platform will generate rewards that are paid out in STARS, the project’s native token. The great thing is that these STARS tokens can also be put to work, essentially opening up the opportunity for meme coin backers to earn compounded rewards.
Similar to Pepe Unchained, STARS is also offering an attractive staking yield for anyone who buys and locks up STARS at this early stage. Anyone interested in getting in on the innovative meme coin project at this early stage can buy the crypto using either ETH, USDT, BNB, FLOKI, Shiba Inu (SHIB), Pepe (PEPE), Dogecoin (DOGE) or bank card.
Memebet (MEMEBET)
Anyone that wants to grow their meme coin bags but does not want to lock up their tokens through the Crypto All-Stars platform will want to take a look at Memebet. The project will launch the first meme coin casino. This means that investors will soon be able to place bets and participate in other gambling activities on the online platform using their meme coin holdings.
In addition to being a meme coin casino, Membet will also run a series of play-to-earn airdrop campaigns. Players could therefore gain eligibility for theses airdrops by simply placing wagers with their meme coins on the platform on a regular basis. Holders of the project’s MEMEBET token will also gain access to exclusive benefits and bonuses on the platform.
5thScape (5SCAPE)
5thScape aims to bridge the rapidly-growing tokenization sector with the AR/VR sector through on-chain rewards. The project will offer a range of virtual experiences ranging from sports to entertainment.
There will also be a monthly paid membership offered to 5thScape users. Part of these subscription payments will go towards a dynamic staking pool, which any 5SCAPE holders will be able to take part in by staking their holdings in the project’s native token. This means that as 5thScape’s user base grows, the rewards offered through the staking pool will likely increase as well.
Anyone that wants to purchase 5SCAPE tokens before the project hits the open market can do so using either ETH, USDT, BNB, Polygon (MATIC) or bank card.
Flockerz (FLOCK)
Flockerz is another meme coin project. What sets it apart from those that came before it is its vote-to-earn model. Unlike many other projects that claim to be fully decentralized, Flockerz will actually leave the future of the project solely in the hands of its community.
To incentivize FLOCK holders to keep voting on the project’s future, Flockerz will reward investors with additional FLOCK for every vote they place in the project’s decentralized autonomous organization (DAO). This could keep community members engaged for the long run, which is something that many meme coin projects struggle to achieve.
Closing Thoughts
Presales offer a great way for investors to buy into a crypto before it enters the open market, potentially opening up the opportunity for investors to amass substantial gains should the project take off. Many of these presale campaigns offer some form of incentive to pull investors in, which often includes an attractive staking program.
The top 5 crypto presales in October include Pepe Unchained, (PEPU), Crypto All-Stars (STARS), Member (MEMEBET), 5thScape (5SCAPE) and Flockerz (FLOCK). Potential investors will want to keep in mind that investing in presales is risky, because there is no guarantee that the project will progress beyond the presale stage. It is important that investors do their own research and establish their risk appetite.
Source: https://coinpaper.com/5656/top-5-crypto-presales-in-october