Solana is known as the best alternative to Ethereum, and as such, it’s one of the most popular crypto investment choices worldwide. However, while it offers a more scalable and efficient blockchain than Ethereum, SOL tokens have struggled to make significant gains throughout 2023. The situation changed for the better in late November when SOL started gaining value, reaching a price of $63, or about 15%.
SOL tokens are still in an uptrend, and according to the latest Solana price predictions, they will keep gaining value steadily in the future, reaching a triple-digit price point once again for the first time since early 2022. If true, token holders will be able to gain at least 50% in the next few months, which is impressive but can’t compare to the potential of emerging cryptos such as Sponge V2 Token, Bitcoin Minetrix, Bitcoin ETF, Meme Kombat, TG.Casino, and others.
Emerging Altcoins With Massive Growth Potential in 2024
Most top-end cryptocurrencies began their journey in presale events. For example, Bitcoin was available in presale in 2010 for just $0.09 per token. Those who bought it then and sold it during its ATH of over $65.000 made over 150,000% in returns. Those numbers are unprecedented; anyone who held their BTC from 2010 to 2021 would have made millions.
The example above gives you an idea of why investing in emerging cryptos is a good idea. Of course, the market has changed since 2010, and most altcoins can’t provide such massive gains, but they can still outperform the rest of the market and result in 100x gains or higher. There are dozens of such options today, but we’ve selected the best high-growth potential presales most likely to explode in 2024, rewarding the earliest investors with massive gains.
Best Cryptocurrency Presales List
The list below gives you a quick overview of the best cryptocurrency presales right now. You can read more about them in the review section below.
- Sponge Token V2 – Stake-to-Bridge Meme Coin with 100x Potential
- Bitcoin Minetrix – Cloud-Based Stake-to-Mine Crypto Platform
- Meme Kombat – Meme Coin Built Around Exciting Arena Battles
- TG.Casino – Licensed Crypto Casino Built Into the Telegram App
- Cogwise – AI-Powered Crypto Analytics and Future Price Prediction Platform
Best Cryptocurrencies to Invest in Right Now In More Detail
Now that you know which cryptos to focus on, the section below has all the information you need to invest with confidence. However, before you do, visit their official sites and read the whitepaper to understand every detail before you spend any money on them. Remember that cryptocurrency markets are highly volatile, so there’s always some risk involved.
1. Sponge Token V2 – Stake-to-Bridge Meme Coin with 100x Potential
The original Spongebob Token was one of the biggest gainers in 2023. All early investors got massive returns of over 30X. The platform had over 13,000 token holders and an ATH market cap of almost $100 million. However, the platform was missing some features to stay a relevant investment option for years, so the release of the new Sponge Token V2 is the next logical step, and another chance for investors to capitalize on the token.
Sponge V2 returns as a bigger, better version of the popular meme coin, entering the markets as they enter the next bullish phase. It will finally give SPONGE tokens utility by introducing a P2E mechanism. Moreover, all $SPONGE V1 token holders who staked their coins will earn $SPONGE V2 as rewards. The new release uses the Stake-to-Bridge mechanism that will automatically give out V2 tokens to all $SPONGE V1 purchases.
Therefore, if you buy and stake $SPONGE V1 tokens, you will automatically get $SPONGEV2 through rewards. If you decide to keep your $SPONGE tokens staked for a longer period, you will get rewards over the next 4 years at a minimum of 40% APY. Holders will be able to claim their $SPONGEV2 tokens once the staking period is over.
2. Bitcoin Minetrix – Cloud-Based Stake-to-Mine Crypto Platform
Bitcoin Minetrix is an emerging crypto platform fully inspired by the original Bitcoin but with a few significant upgrades. It’s a state-of-the-art Bitcoin mining platform that solves the biggest hurdles of mining BTC in one sweep. Bitcoin Minetrix allows users to mine Bitcoin remotely using the cloud, which is much more efficient than traditional Bitcoin mining, known for massive hardware and electricity costs.
The platform removes the risk of third-party software and puts the control entirely into the user’s hands. Here’s how it works: users must buy BTCMTX tokens they then stake to earn mining credits. Therefore, it uses a Stake-to-Mine reward mechanism that provides them with mining credits they can use to “rent” cloud-based BTC miners and make a profit. You can then withdraw BTCMTX to your wallet, so there’s no risk involved in this decentralized Bitcoin mining environment.
Bitcoin Mining is a massive industry that generates billions of dollars annually and is expected to keep growing in the future. That gives Bitcoin Minetrix plenty of value, and if everything checks out, it could become the go-to cloud-mining platform in the near future. The presale event raised over $5 million, so hurry up, invest, and secure your spot among BTCMTX token holders today.
3. Meme Kombat – Meme Coin Built Around Exciting Arena Battles
Meme Kombat is another emerging cryptocurrency aiming to become the best meme coin on the market in the next few years. It’s a unique platform that combines elements of three growing industries – cryptocurrencies, gaming, and online casinos. It’s designed as a battle arena game where players put their favorite online meme characters against each other. The outcome is entirely AI-controlled, ensuring fairness and the same chances of winning for all participants.
Players must stake a portion of their MK tokens before each battle and choose who they think will win. If their guess is correct, they get more MK in return; otherwise, they lose the token they staked. The first season will have 11 playable characters, including Pepe the Frog, Spongebob, Patrickstar, and others, but more will be added to the roster every following season.
The platform lets users earn MK tokens by completing challenges or betting out random battles. If you invest in MK tokens during the ongoing presale event, you can stake them for higher returns before the platform goes live. The APY is currently at 359%, so you’ll get 3.5 the amount of tokens you buy before the first listing goes live. Meme Kombat has already raised nearly 6 million, so hurry up and invest today before the entire supply is sold.
4. TG.Casino – Licensed Crypto Casino Built Into the Telegram App
TG.Casino is the next big thing in the crypto casino space and one of the most likely platforms to get to the moon in the upcoming period. It’s the world’s #1 Telegram casino, providing users access to hundreds of the most popular casino games directly from the Telegram App. It’s showing massive potential, as Telegram has over 800 million monthly users, giving TG.Casino the chance to become the biggest gainer in the crypto space in 2024 and beyond.
The platform itself offers a seamless casino experience directly from the Telegram app. That means it comes with the same state-of-the-art encryption and safety features as the app. Moreover, it’s the first Telegram casino with no complex KYC verification, accepts dozens of the most popular cryptos as payment, and provides users with endless fun. While players can use many different cryptos, if they play using the native TGC token, they will get 25% cashback on all losses.
It’s important to mention that TG.Casino is fully licensed by Gaming Curacao, one of the governing bodies in the casino industry. TGC tokens are still available in presale, but the event ends soon as it raised over $4 million from the $5 hard cap. TG.Casino could quickly become the highest gainer in the crypto space in the next few months, so take your chance to invest early and enjoy your returns in 2024 and beyond.
5. Cogwise – AI-Powered Crypto Analytics and Future Price Prediction Platform
Last but not least, we have Cogwise. This AI-powered crypto analytics platform uses advanced machine learning and NLP to analyze crypto markets in real-time and provide accurate asset price predictions. It’s designed to help users get the most out of every investment, and it comes with a long list of features that will help you hone your crypto-trading skills over time.
The native COGW tokens are used to purchase paid subscriptions that give you access to the needed features. The platform also has a deflationary token mechanism that will reduce the amount of tokens in circulation over time. Lastly, you can also stake your tokens for high APYs, so visit the official site and buy them in presale while you still can.
Solana’s Current Situation Creating a Liquidity Gap
Solana holds the sixth position in market cap and daily trading volume. Its market cap is over $35 billion, and it’s slowly climbing higher ranks as time passes. SOL tokens had an all-time high of almost $280 during the crypto expansion in late 2021 and early 2022, but like the rest of the market, they lost over 90% during the crypto winter.
Solana’s prices stagnated for over 18 months, hovering between $20 and $28 for a year and a half. However, SOL tokens finally entered a bullish phase in late November 2023, gaining over 18% in less than 48 hours. The situation shows clear signs of the fair value gap (FVG), usually followed by a period of stable growth.
SOL tokens are expected to stay between $50 and $75 for a few more months, after which the increased buying and selling pressure will likely create a gap in the token’s prices. The expected imbalance in the market creates a liquidity gap, attracting investors looking to collect it.
Solana Price Prediction As SOL Moves to a Breakout
Solana’s price has shown a clear FVG in the past week, but the situation is quite different if we look at daily movements. The problem indicates that Solana is filling up a symmetric triangle, meaning the subsequent increase is possible after another breakout. On the other hand, technical indicators such as the RSI are moving upwards, proving that the platform is gaining momentum.
Everything points to a bull run, but if the buying pressure continues, Solana could break closing above the $67.26 resistance level for the first time in almost two years. If it breaches the $70 and $80 psychological levels, it could test the $92.76 resistance level it touched on May 5, 2022, the last time.
Solana’s Potential Worst-Case Scenario in 2024
However, if RSI crosses the signal line (which it probably will in the next week or two), it could trigger a price correction, pushing SOL into a bearish market. If that were the case, Solana’s price would extend lower, breaking the 25-day EMA at $54.11. That could result in further losses, possibly pushing Solana below the $51.63 support level, ending the bullish phase in its tracks.
If that happens, SOL could fall to the 50, 100, or, in the absolute worst case, 200-day EMA at $46.54, $37.75, and $31.2, respectively. Such a scenario would be a disaster for all SOL token holders and could deter investors from the platform for at least another few months. However, the chances of such an outcome are slim, but you should be aware that things could go both ways before investing money in Solana or any other established cryptocurrency. If you want to make a profit, the best option is to invest in tokens available in presale, so let’s look at the best choices at the moment.
Solana FAQs
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Final Words
Solana token prices have stagnated for quite a while but have started moving once again. If the current trend continues, it could double its value in the next year, but if things turn around, it could lose 50% or more.
If you’re looking for investments with a more predictable outcome, Sponge Token V2, Bitcoin ETF Token, Bitcoin Minetrix, Meme Kombat, and TG.Casino are the best options at the moment. Visit the official websites and join the communities before their presale events end to enjoy the highest ROI in the next few months. Good luck!