The crypto market has shown a lot of volatility over the last week or so, and it has been led by its number one token, Bitcoin ($BTC). You can extend this volatile trend further all the way back to the historic day that the token broke $100k for the first time in its history. This was bound to happen, and we predicted it would happen as profit-taking was always going to open up a battleground.
The bears won the battle yesterday as Bitcoin ($BTC) sank by over 6%. However, there is no need to worry. Currently, some very pro-crypto bills are gaining momentum in the US. The proposed Ohio Bitcoin Reserve Act could really have an impact that causes a massive bull run. We are going to try to get out ahead of this and find some cryptos we think will explode if this happens.
We are going to turn to the presale market. Despite the volatility that Bitcoin and other major tokens have, some presale tokens only see the arrow point up. We have found three tokens in particular that have been thriving through presale. Wall Street Pepe ($WEPE) and Solaxy ($SOLX) in particular are registering crazy numbers, while Arkenstone ($ARKN) has a real-world use.
Anyway, let’s not waste any more time and get into these projects.
If we are looking at presale coins to invest in normally there is a long list of factors we want to satisfy before jumping in. However, this may be the one exception. That is because the case of FOMO being created by Wall Street Pepe ($WEPE) is unprecedented. We all know what FOMO can do and you don’t want to miss out by getting cold feet.
The presale for this new Pepe meme coin has now raised $32 million. That makes it the second-best selling presale token in crypto history. However, what is way more impressive is the presale only began in November. That is incredible fundraising speed especially since almost $30 million of this has come in the last two weeks. Now that’s FOMO.
So, why are investors so obsessed with this new Pepe meme? Well, one reason seems to be that investors really prefer Pepe projects these days. Pepe Unchained ($PEPU) became the best-selling presale token ever just a few weeks ago after it shattered the previous record. Wall Street Pepe ($WEPE) is next up and will likely benefit in a similar manner.
The main reason however we think that investors like this token is because it evens the playing field. The point of this meme coin is to inject a bit of Wall Street knowledge into the equation to make Pepe the best trader on the block. The creators of this token are sick of whales but in particular their secret inside trading groups.
They want to strike back for the everyday man and the only requirement is you buy $WEPE. Just by holding the meme coin, you get access to Trading Alpha which is a bargain but it gets better. They will have their own insider groups where investors can share signals, tips, and trades. They will even reward the best traders if they submit trades they are particularly impressed by.
While Wall Street Pepe has already gone through its explosive phase that caused mass FOMO, our next presale token may be one we have caught just before that. The Solaxy ($SOLX) presale is still only days old which means it's in its easiest stages. The price of 1 SOLX = $0.001572 so you are getting a basement-level price here before it explodes.
The presale activity would indicate that the explosion and subsequent price increase could be just about to happen as already SOlaxy has managed to raise over $3.1 million. One of the most well-known equations in Math is E = m c2, which means Energy equals mass times the speed of light squared. However, with this project, it has a new meaning.
That meaning is that Solana and Ethereum together make Solaxy. It also means that Solaxy is the first ever Solana Layer 2. 2024 has seen the rise of Solana thanks to some of the great meme coins launched on its network. Ethereum was always the top chain but now it has competition. This project will unite the two most powerful chains.
($SOLX) then is the native token of this new Layer 2 phenomenon. We all know the benefits of Layer 2 already for investors. You get staking rewards, cheaper gas fees, and faster transactions. Solaxy will have the same deal with a massive APY of 1175%. The new layer 2 option will also have a lot less traffic so it's perfect for investors.
The Arkenstone ($ARKN) presale does not have the same hype as the two tokens we have reviewed above. However, we think it can still be a success thanks to one crucial factor: Real-life utility. This is one of the most sought-after qualities in a crypto project and Arkenstone has it. The creators understand better than anybody the costs of launching a crypto project.
One of the largest expenses is hiring a presale site to host your token. Arkenstone wants to teach creators how to build their own presale site through their GemLaunch app. The best part is no coding experience is required so it's open to everyone and will surely be very popular because of how much money it will save. The icing on the cake is the presale is also running a competition where you can win $30k.
That does it for us now. Just a reminder, there are some bills that are gaining momentum in the US that could greatly impact the crypto market in a positive way. If that happens, you need to already hold these tokens as they are very likely to explode.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.