Despite the market taking a hit earlier this week, Solana (SOL) has been one of the best-performing altcoins and has mainly managed to sustain its price, even despite a small dip at the time of writing. Solana’s price still remains up over 23% over 30 days, and it may be one of the only viable investment opportunities in the altcoin market.
A lot of its success likely has to do with the launch of the new space-themed game SAGE Labs which is contributing to a large amount of transactions on the Solana network, more on that later. While SOL may be one of the only altcoins performing, there are some promising coins currently going through presale.
Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK), and TG.Casino ($TGC) all represent very exciting presales that we think have the potential to make early investors very rich. Let’s take a look at what makes them such viable investment opportunities.
Bitcoin Minetrix- Only 3 Days Left Before the Price Increase on This Project That Solves the Cloud Mining Issue
Bitcoin Mintrix (BTCMTX) has just surpassed the $1 million raised mark in their presale, and things are really starting to heat up. With only 4 days until the next price increase, investors are scrambling to get involved in this project that may solve the cloud mining problem.
What is this problem? Well, cloud mining was originally supposed to be a way to keep Bitcoin mining decentralized. The mining process had become an industrial scale-sized operation that included the everyday investor. Cloud mining allows investors to lease the ability to mine from a company that has the facilities.
The problem is the fees being charged are so high it’s not even worth the investor’s time. Add to this that the sector is inundated with scams, and the solution has become the problem. Luckily, Bitcoin Minetrix has a unique way of solving this problem, Stake-to-mine. A process that puts the power back in the everyday investor’s hands.
The staking process goes as normal, investors can unstake and sell at any time, hold on to staked coins and earn a decent APY, or the third option, exchange the staked tokens for mining credits. These are secondary ERC-20 tokens that grant access to mine Bitcoin or to a share of the yields for investors. No more hidden fees, no more scams, so no problem!
Meme Kombat- This P2E game pits your favorite memes against each other and allows investors to win big
Meme Kombat ($MK) is a P2E game with a twist. Not only can you battle with your favorite memes of the last 10 years, but you can also wager on the battles and win big. The presale has already surpassed the $450k raised, as investors seem to be very excited about the prospect of this game.
The game, as many of you will have already guessed, is based on one of the most successful combat franchises of all time, Mortal Kombat. We are always excited to see P2E games that take inspiration from a successful traditional gaming franchise, as it always increases the reach that the blockchain game has.
Instead of the characters from Mortal Kombat, Meme Kombat pits memes like Wojak and Pepe against each other in a battle arena. The game uses AI technology to make sure the graphics and gameplay are the best on the market. An added use for AI is it helps make sure the outcomes of battles remain random and fair.
Now to the best part, the wagering. Players of Meme Kombat won’t know what to do with themselves when they see how many wagering options there are in the game. You can bet against another player, straight up against the computer, or even side bet on outcomes like the first move or what round the fight will end.
The wagering doesn’t just restrict players to straight-up betting or odds. If you are betting against the computer, you can get odds on fighters and outsiders. Meaning if players back an underdog at high odds, they can really clean up. We think this could be the best P2E game of 2023.
TG.Casino- This Crypto Casino Could Be Hugely Successful Thanks to Its Partnership with Telegram
The online gambling sphere is exploding in popularity, and crypto casinos are hoping to follow in its path. The problem is as crypto is still a niche industry, many still avoid the casinos due to unfamiliarity. TG. Casino ($TGC) could change all this thanks to their partnership with Telegram.
What better way to draw in customers who are unsure about your product than by being hosted on a platform that is world-renowned for its privacy and security? That is exactly what TG. Casino will do as the casino will be available to anyone with the app. Of course, the Telegram bots will also be a huge asset as they will make the user experience seamless.
There are many other advantages to TG. Casino when compared to regular online casinos too. Crypto not having borders means that no matter where you are with an internet connection, you will be able to use the casino. Then, there is the fact that crypto payments only take a matter of seconds so instead of waiting days for your winnings, you will likely receive them instantly.
The last factor that gives TG. Casino a chance to be very successful is their dedication to the investor. Every day the casino will pump a share of the products back into the project by buying open market $TGC. 40% of these tokens will be burned, adding value to the ones investors already hold. While the other 60% will be used for rewards and bonuses for casino players.
Solana may be the only altcoin worth investing in
As you can see from the Solana (SOL) 30-day price performance chart, it has been a decent month for the network token. Compared to other altcoins, it has been very successful and is likely the only viable investment opportunity as the market remains a little shaky.
As we mentioned above, this is mostly down to the new space-themed game SAGE Labs. This Monday, transactions on the Solana network rose as high as 2.29 million. This is equivalent to 15% of the total network transactions.
✨Star Atlas – Daily Transactions Soaring🚀@StarAtlas SAGE Labs – Day 17 Stats:
🔹15.01% of @Solana‘s daily txs
🔹17.08% peak of Solana’s hourly txs
🔹2.29M daily txs (Oct 8, ’23)
🔹16.03M total txs (Since Sept 21, ’23)
🔹1440 daily active players
Source #1:… pic.twitter.com/PZs0sZCMwS
— Siggy (@Siggy_SA) October 9, 2023
The reason we remain bullish on the price of SOL, despite the small downturn in price, is the SGE Labs game has only just launched and has only 1,400 active users. We can expect this number to grow, and therefore, the price of SOL should follow.
So, while the market may not be at its most attractive, SOL remains a viable option for any investors looking to take on an altcoin. That being said, the three presale coins we have mentioned above are better investment opportunities due to their low market cap and potential for explosive gains once listings begin.