The crypto market is currently going through a little bit of a bearish patch however as we knew this was coming, and the fact it is caused by outside factors means it’s not the end of the world. The Federal Reserve once again approved a resumption of interest rate hikes in the United States and we now are now looking at a situation where they are at a 22-year high.
The Federal Reserve Chairman Jerome Powel had made no bones about the fact this was going to happen so the market knew this was on the horizon. This explains why it didn’t take as much of a hit when compared to other bearish periods that took investors by surprise.
As is always the case during these times investors should look at the presale market for their investment opportunities as they post a lesser risk but a chance also of a greater reward. Here are the 4 that stood out: Wall Street Memes ($WSM), XRP20 (XRP20), Shibie Coin (SHIBIE), and Cowabunga Coin (COWABUNGA).
So, Let’s take a look at why we think these are the five best presales on the market right now.
Wall Street Memes- Whale investor just sent the presale past $20 million
The easiest selection on our list, Wall Street Memes, is heading toward $25 million raised in its presale and does not look like slowing down anytime soon. The main advantage that the project has over competitors is the ready-made following it brings to the crypto world.
Wall Street Memes is an established online brand with over 1 million followers across its social media platforms. The importance of a community for a meme coin project can not be overstated. It is the reason Dogecoin has survived so long at the top of the pile. Millions of social media followers keep the market cap high and can cause the coin to pump.
Wall Street Memes Twitter account has been the hub for its presale hype. The account has over 255k followers and is followed by many famous crypto accounts like Magic Eden the NFT marketplace and Cameron Fous the YouTuber and successful investor. These legitimize the coin and give it a chance to reach a wider community. We expect this to help the coin pump massively once it is launched.
XRP20- Shot to a gain of 82,646% after its launch
The 2.0 version of tokens is a popular trend and has seen a lot of success through the likes of BTC20. The latest on the block is XRP20 (XRP20) and this team is even trying to improve on the existing XRP model. Most importantly though the team is offering the token at the price of $0.0028 which would equal the all-time low of XRP.
They believe that investors should get the chance to experience what it was like investing in XRP before it pumped but also get some added bonuses they can offer in hindsight. For example, the original XRP model lacks utility so XRP20 will offer on-chain staking which will allow its investors to earn a passive income.
Scarcity is much more of a craved factor by investors when compared to the time of the original XRP launch. XRP20 realizes this and has set aside 20% of the total allocation of coins for burning, not only this but 0.1% of every buy and sell will be sent to be burnt too. We think as the 2.0 trend is hot in the streets this is the perfect time to invest in XRP20.
Shibie Coin- This Barbie and Shiba Inu-inspired coin will see 100x gains
Cinema has made a resurgence in 2023 after many thought it might have been a dying entity after the pandemic.
One thing that has certainly helped this is the ‘Barbeheimer’ marketing strategy that saw the movies Barbie and Oppenheimer launched on the same day. Both look like they are going to break records in the box office but Barbie is the clear winner. From the birth of this movie, we have Shibie Coin (SHIBIE).
Crypto capitalizes on trends, it’s what it’s best at. This is why Shibie Coin is such a smart idea. The love child of the Shiba Inu dog and Barbie, this coin appeals to meme coin lovers and moviegoers alike. We have seen some success in the market so far for Barbie-themed coins on Dextools but expect this one to out-pump them all.
Cowabunga Coin- Movie-inspired meme coin experts think will give massive gains
Based on the upcoming movie Teenage Mutant Ninja Turtles: Mutant Mayhem Cowabunga Coin (COWABUNGA) is similar to Shibbie Coin except they are getting out ahead of the crowd. As we mentioned, movies seem to be the comeback event of 2023 so crypto projects are trying to position themselves to be in a position to take advantage of this. Most of them are reactionary however and that’s what sets Cowabunga Coin out from the crowd.
The site and presale are already ready to go and they await the imminent release of the movie tomorrow. The tokenomics of the project are also set up in a way that investors know this will not be a rug-pull type project. The inventors also realize that the main objective of a meme coin is to pump so they just want to have fun with the coin and the movie and be the next big movie-themed meme coin.
As we mentioned above, when the market is bearish the best place to look is at the presale market. These conditions shouldn’t last for too long so coins with short presales are also advantageous. The coins we have discussed above will either be big players well into the future or will pump massively for investors that get in as early as possible. One way or another they pose great opportunities for investors.