While the market was contending with bearish conditions at the start of this week, one crypto was pushing through barriers and pumping. Internet computer (ICP) has been one of the best-performing tokens of the last 30 days and is currently up over 173%.
The altcoin is likely experiencing more investment thanks to its support of Bitcoin (BTC), which is currently recovering from a price drop and is pumping again. We will discuss ICP in more detail a little later, but before that, many are wondering which crypto is poised for the next massive surge.
Here is a list of the best presales that we think might explode soon.
Let’s take a deep dive into why these tokens look like they will replicate and then surpass Internet Computer’s success.
Sponge V2- This meme coin is the second coming of one of 2023s success stories
If we are looking for which crypto is poised for the next massive surge, a good place to start is the second coming of one of the most successful meme coins of 2023. Sponge V2 ($SPONGEV2) will be hoping to build on the success of Sponge Token ($SPONGE), which launched halfway through last year.
Sponge Token came fast on the heels of Pepe Coin but was unfortunate to launch during a bear market. With very little publicity, it became available only on Uniswap but quickly began to grow. It pumped by 340%, got added to 9 other exchanges, and even grew a sizable social media following that included over 30k followers on the platform formally known as Twitter.
The project has employed an innovative stake-to-bridge system that will allow them to move seamlessly from version 1 to version 2. How it works is investors will first need to purchase $SPONGE, but when they do, an equivalent amount of $SPONGEV2 will also be purchased. Once version 1 is sold out, version 2 becomes claimable, and all the rewards that investors have built up by staking the first version.
Bitcoin Minetrix- Another coin poised for the next massive price surge
Another coin having a very successful presale is Bitcoin Minetrix (BTCMTX). The bitcoin mining token has come up with a revolutionary idea to save the sector which has been coming under fire as of late. The presale has raised over $7.5 million and is going from strength to strength. This shows that it isn’t just those interested in mining that are buying up the token.
The problem that Bitcoin Minetrix aims to fix is that Bitcoin mining is no longer possible for most crypto investors. As it has gotten more popular, Bitcoin mining has started to take place on an industrial level scale. This means you have to have the finances to keep a warehouse-sized location worth of equipment running in order to mine crypto’s most popular token.
Bitcoin Minetrix will allow everyday people to mine once again, and investors love this. The process is called stake-to-mine. Staking is the backbone of the project and allows investors control while also providing a passive income. Staked tokens can also be exchanged for mining credits. These credits are burnt in exchange for mining time or a share of the yields. A cheaper and greener way to mine, so we expect big things in 2024.
Meme Kombat- The P2E game poised for the next massive surge once listings begin
We are very excited about the release of Meme Kombat ($MK) and are making the bold prediction that it will be the biggest P2E game of 2024. We aren’t the only ones who think this either, as nearly 6 million has already been raised from its presale. As readers may have guessed, the game is inspired by Mortal Kombat, one of the greatest combat games of all time.
The very entertaining twist that Meme Kombat has added is that the characters players will use in battle are the biggest memes from the last 10 years. You can choose between Doge, Pepe, etc, and they all have their own special attributes. AI technology is utilized to give players an immersive experience with graphics that blockchain gamers will be blown away by.
AI also helps determine the outcome of battles players will have in the game. This is important because players will be able to win big by wagering on the battles. So with staking and wagering, there are many different routes to earning revenue with Meme Kombat. The wagering section is very detailed and even has specific odds depending on each match-up. Looks like we will be served up a cracker in 2024.
Launchpad XYZ- The platform for everything Web 3.0 has arrived
Web 3.0 technology is such a big part of the crypto market that we almost forget about it at times. One thing most projects seem to overlook is the newness of the technology and how many people may be unfamiliar with most aspects of it. Not Launchpad XYZ (LPX), though.
This platform wants to be your one-stop shop for all things Web 3.0. From what projects to invest in to which is the best Web 3.0 game to play it has it all for beginners all the way to experts. They have ambitious plans to onboard the next 10 million users onto the technology, and if they even come close to this goal, they will be poised for the next massive surge.
Even though the coin is still going through presale, there is already evidence of how successful this project could be. The Telegram group has already started trading and has been on the right side of some very profitable buying and selling at just the right time.
Is Internet Computer finished pumping, or is there still time to invest?
As we can see from its 30-day performance chart Internet Computer (ICP) has had a great end to 2023 and beginning to 2024 but is looking like it may be getting a little volatile. The network allows smart contracts to send, receive, and hold Bitcoin on the network. Given Bitcoin’s recent pump, it’s not surprising that ICP has also performed well.
The Relative Strength Index for Internet Computer does suggest it has been overbought. Crypto has defied this in the past, so ICP may continue pumping, but it means we will take the safe option and not recommend it when there are better options out there.
Conclusion
Speaking of better options, the four presale tokens we have discussed above are all better investment choices. They are all poised for the next massive surge, so investors should act quickly before their listings begin.
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