The crypto market is enjoying a purple patch that has come out of nowhere but is very welcome. Little did we know that an SEC lawsuit against Coinbase and Binance would actually end up with the market enjoying a bullish period. Of course, there was more going on behind the scenes that we are now aware of.
BlackRock applying for an ETF from the SEC signified the first time that one of the biggest asset managers in the world was finally stepping into the world of crypto. The timing likely wasn’t coincidental and since then more asset managers have followed. The market took a boost and Litecoin (LTE) has been a surprising beneficiary of this – up 20% in just a week.
We say surprising because altcoins were suffering prior to the bull run and many didn’t expect them to pump even slightly. While the bounce back is a positive sign it doesn’t make Litecoin or Avalanche good investment opportunities. Wall Street Memes ($WSM), Thug Life token (THUG), YPredict (YPRED), Launchpad XYZ (LPX), Chimpzee (CHIMPZ), Ecoterra (ECOTERRA), and Deelance (DLANCE) all represent better altcoin choices in the current market.
Before we get into them, let’s look at how Litecoin and Avalanche might perform in the near future.
Litecoin Pump just a Flash in the {an?
Even at the time of writing it looks like the brief respite for Litecoin (LTE) could already be over. It has since regained quite a fair bit of lost ground that it suffered when the SEC lawsuit was announced and some of the leading altcoins were being considered securities.
While Litecoin was mentioned in the lawsuit they did still suffer by association. Investors evacuated the altcoin market and either piled in behind Bitcoin or turned to presales. While the 20% comeback is nice for coin holders we are certainly not recommending either project as a project you should be investing in anytime in the near future.
We mentioned some exciting presales that provided better options above so let’s get into them now.
Wall Street Memes- The hottest presale on the market right now
When we talk about a meme’s coin potential we always refer to their potential to build a community. Well, Wall Street Memes ($WSM) arrives at the presale market with a massive community already behind them. It is for this reason that experts think it could be the market’s number 1 meme coin.
The Wall Street Memes brand has over 1 million followers across its social media accounts. This big following has already been flexing its muscles too as the presale has already surpassed $12 million raised and looks like it will continue its momentum up to its listings.
Thug Life Token- New meme coin that only cares about pumping
There are more meme coin projects than ever before and with that comes some difficulty for investors. Not only do they need to find the right one but they need to watch out for scams. Thug Life Token (THUG) is a new meme coin that understands this and they want to help investors that have been scammed before.
They care about one thing and one thing only and that’s pumping for their investors. They make no bones about the fact the token has no utility; they just want to build a brotherhood based on humor for those that have been left holding the bag by other projects.
yPredict- The top 1% of AI developers working for you
We have high hopes for the presale and future of yPredict (YPRED). If their website is anything to go by we expect this to become the number one trading platform for crypto investors. They understand that AI has made it difficult for traders and want to harness it for their investors.
They will employ the top 1% of AI developers on their platform and investors will have access to all their data by purchasing YPRED and their algorithms by purchasing subscriptions to a specific creator(s). The site boasts that over 20,000 users are already on their site waiting list so things are looking good.
Launchpad XYZ- Onboarding the next 10 million users to Web 3.0
Yes, you read that right, 10 million users! That is the ambitious plan that Launchpad XYZ (LPX) has for its platform once it is launched. They understand that Web 3.0 technology is new and also ever-changing so not everyone can be an expert especially if your job isn’t in the industry.
They aim to give users a crash course in everything Web 3.0 and then hope they can advance to a higher level of understanding and from then more options will open to them. The site will give you the best projects that use Web 3.0 to invest in among other great resources.
Chimpanzee- Earn native currency and save the environment all in one
There is so much going on with the Chimpanzee (CHMPZ) ecosystem that it is hard to fit it all in. 10% of the total allocation will be going to charities that combat deforestation and help with conservation as well as a share of the profits.
Then for the investors they can Trade2Earn, Shop2Earn, and Play2Earn so they are spoiled for choice. The good deals keep coming too because investors can get up to 100% bonuses if they invest in the presale early enough.
Ecoterra- The coin experts predict will be the green sector’s best-seller
People within the industry are slowly learning about the need to go green. It is inevitable that it will happen naturally or will be forced by regulatory bodies. Either way, getting on board of projects like Ecottera (ECOTERRA), which rewards its users with native currency for recycling, is a good decision.
How it works is they have partnered with supermarkets all over the world that employ the use of reverse vending machines. Using these and the Ecoterra app their investors will be able to earn ECOTERRA everytime they recycle.
DeeLance- Using Web 3.0 technology to improve the gig economy
The gig economy is exploding around the world but DeeLance (DLANCE) have recognized that the services available to freelancers and employers have not evolved with the demand. They believe by introducing a decentralized platform they can streamline the experience.
They will use Web 3.0 technology to help improve on a number of issues currently on legacy sites such as ownership disputes, payment problems and probably most importantly high fees. We think employers and freelancers are going to love this one.
Conclusion
It looks like the Litecoin revival could be over as quick as it started, however let’s not forget the market is still going through a bullish period. The presales we have reviewed above all have unique properties that put them in great positions to pump once their listings begin.
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