Last week, the crypto market saw a slight drop-off as a lot of coins drooped due to the fallout of CEO Changpeng Zhao stepping down after pleading guilty to a money laundering charge. The exchange itself also had to pay a massive $4.3 billion fine, which obviously created unrest market-wide.
However, just like for most of 2023, the market has shown resilience, and we are now seeing most major coins post gains again, with Bitcoin leading the charge as it rallied to 43,000. It is the perfect time to once again start finding some promising projects to invest in.
So, let’s get into why they have the potential to be successful.
Bitcoin ETF Token- Nearly $2 million has been raised already as hype builds around this token
We love a presale that gathers momentum like a rolling stone gathers moss, and that’s what Bitcoin ETF Token (BTCETF) is. The coin, which has cleverly tied its potential to Bitcoin ETF progress, looks to have unlimited scope to grow.
BlackRock has twice caused the market to pump thanks to positive news regarding their ETF application, so a low-cap project like Bitcoin ETF Token could pump by thousands of percent with more positive news. Bitcoin itself saw its largest 24-hour growth period in over 6 months on October 24th after BlackRock’s proposed ETF appeared on a list maintained by the Depository Trust and Clearing Corporation.
While Bitcoin ETF developments are likely enough to guarantee this project pumps, the coin also has utility. Staking will be a big part of the ecosystem, and a massive 25% of the total allocation of BTCETF will be dedicated to staking. Add to the mix that 25% of BTCETF will be eventually burnt, and we have one seriously valuable token
Bitcoin Minetrix- $4.5 million raised by this project that helps investors mine Bitcoin
For some time now, crypto enthusiasts have been worried about the state of the Bitcoin mining sector. No longer can just anybody start mining Bitcoin. Its success has actually become detrimental as only the richest can now partake in an activity that requires a warehouse-sized operation. Luckily, Bitcoin Minetrix has the solution.
Through a combination of cloud mining and staking, the project will put the power back in normal crypto investor’s hands. Even if you don’t plan to mine, this project is worth investing in, and that is evident by the presale. Over $4.5 million has been raised already, and whale activity has been detected as hype is at peak levels for its launch.
How the project works is simple. The staking is just like any other project, investors can earn a decent passive income or unstake and sell their tokens at any time. They can also exchange them for mining credits. These secondary ERC-20 tokens must be burnt in exchange for mining time or a share of the yields. A greener and cheaper way to mine that opens the door for everyone once again.
Meme Kombat- Finally, the next big blockchain game is here, and its presale is taking off
For some time now, the market has been crying out for the next big blockchain game. Meme Kombat ($MK) looks to have answered our prayers. The presale has already raised over $2.5 million in a short period of time, which is an unusually high amount for a P2E game, showing its huge potential.
The game takes inspiration from the mega-popular combat franchise Mortal Kombat. However, as the name Meme Kombat hints, there is a twist. In this game, you do battle with the best memes from the last 10 years. AI plays a big part in the construction of the game and helps deliver a quality gaming experience that we have not seen from a blockchain game so far.
The ecosystem also gives different avenues to earn income. Staking plays a big role but even more exciting is the wagering. Players can wager in lots of different ways and win big. Bet against the computer, your friends, and other players, or side bet on fun fight events. You can see why this game is gaining so much attention.
TG.Casino- Less than $2 million left to be raised as this crypto casino is garnering attention
The crypto casino sector has been exploding in recent years as more and more keep popping up. Despite this saturation, it looks like TG.Casino ($TGC) could be the best one yet. The presale also indicates this as it has just passed the $3 million raised mark. With less than $2 million left to be raised, potential investors need to act fast to be part of this hot project.
One of the main selling points of TG.Casino is in its partnership with Telegram. We are not sure how they have managed to secure this, but it means the project will be a Telegram Casino. The potential customer base this gives the project is massive, as anyone with the app can now use the casino. They also get all the great features that Telegram is known for, like privacy features and the excellent Telegram bots.
TG.Casino is also committed to its players. Every day, the project will purchase open market $TGC. 60% of the purchased crypto will be used for rewards distribution and sustaining the TG.Casino ecosystem. The other 40% will be burnt, thus creating valuable scarcity. As readers can see, this crypto casino is really setting itself out from the competition.
Dogecoin- The number one meme coin may have a big 2024 thanks to Elon Musk
Dogecoin (DOGE) has had a rough 2023 but that looks like it could be finally turning around. For much of the year, it was one of the only major coins in CoinMarketCap’s top 25 that were down since the start of 2023. However, that has now changed thanks to a good recent spell and some are predicting that 2023 could be a big year for the meme coin.
Fibonacci levels and stop and reverse signals are all well and good, but really, Dogecoin’s future lies in the hands of Elon Musk. The owner of X (formally known as Twitter) has for a long time suggested Doge would be eventually accepted as a payment method for his site. If this is to come to fruition, expect DOGE to pump to massive levels. Now is the time to buy if you wish to capitalize on this.
As we come to the end of crypto’s historically most profitable month, the market is once again pointing upwards. It is the perfect time to invest before 2024, and the four presales we have analyzed are can’t-miss opportunities. Their low-risk, high-reward potential could make them the best stocking fillers of all as we approach the holidays.