Premier Crypto Presales Guide: Top Picks for Pre-ICO Opportunities in 2024

Crypto presales are one of the most exciting opportunities to not only achieve spectacular returns but also to be the first to hear about particularly innovative and market-changing projects. Anyone who invests at a coin launch is on board before everyone else and therefore has not only an information advantage but also a large return advantage.

But how can you find the best token presales? What criteria are there to distinguish exciting projects from scams? What returns are possible with a coin presale?

This article answers exactly these questions – and also includes a current ICO list of 2024 with the most exciting crypto ICOs (Initial Coin Offerings) of the coming months.

Top Crypto Presales 2024 – Current Pre ICO List 2024

If you want to find the best crypto presales in 2024, you may have to do a lot of research. Even if various portals have an ICO list, the mention there does not say anything about the quality of the respective coin launch. For this reason, we have compiled some of the most interesting token presales that could potentially yield high returns in the future.

1st place: $SMOG

• Iconic dragon memecoin on Solana
• Fair Launch & Airdrop Points for early adopters
• Massive SMOG airdrop & partner airdrops
• Secured smart contract by Team Finance

2nd place: $SPONGEV2

• Hottest memecoin comeback of 2024
• Strong community with 30,000 supporters
• Successor to a successful x100 coin
• Real utility through new P2E game

3rd place: $BTCMTX

• First stake-2 mine platform
• Cloud mining without hardware & expensive contracts
• Passive income through staking & mining
• Intuitive Stake 2 Mine dashboard via app

Crypto Presales with Potential for Value Appreciation

1st Place: SMOG ($SMOG)

The best Solana memecoin of all time? Things are getting hot with the SMOG token. The memecoin, inspired by a legendary dragon character, pursues the goal of shaking up the Solana memecoins according to the motto “one memecoin to rule them all”, and has fair launch, generous airdrop rewards, and hold-to-earn mechanics up its sleeve.

The SMOG token thrives on first-class storytelling as a dragon in a mythical fairytale landscape. Weird memes and high rewards should ensure enough hype for early investors who accumulate airdrop points which means higher earnings in the SMOG airdrop.

At least 5 factors give the SMOG token a high potential for success:

Hold-to-Earn: Anyone who buys and holds SMOG tokens can use them to accumulate airdrop points. The higher the score, the more SMOG tokens you can receive directly into your Solana wallet at the token launch with airdrop. Safe and transparent.

Secure & Transparent: The project team has not only disclosed the tokenomics with a clear allocation of the total 1.4 billion Smog tokens to marketing, airdrop, etc. but has also secured the token contract with Team Finance. This creates a token lock. The founders no longer have access to the tokens created. Rugpull is ruled out so the community can jump in with confidence.

Best Meme: The dragon meme behind SMOG embodies the Solana memecoin hype better than any other meme tokens that are boring and easy to confuse with dog symbols. The dragon symbol has become legendary in the Solana community since Solana founder Anatoly appeared at Breakpoint 2023 in a dragon costume.

Many Partner Airdrops: After the token launch with SMOG airdrop, there will be further airdrops with tokens from partner projects in later phases. This ensures the Hodler mentality and strengthens the community.

Early Hype: The Smog token is marketed through a clever hype system. The earlier you join the presale, the higher your airdrop score and therefore more money in airdrop rewards. The FOMO creates hype and interest in the project.

Behind the Smog token is a well-thought-out token fair launch with a clear roadmap that is intended to crown the king of all Solana meme coins in three phases.

• Phase 1: In addition to the website launch, the community is to be activated in order to reach over 5,000 users.
• Phase 2: The token fair launch starts here with SMOG airdrop and over 10,000 community members + possible token burnings.
• Phase 3: The full SMOG airdrop with the first partner airdrops and the crowning of SOL King determine this phase, which is expected to bring over 100,000 community members.

The Smog token is a pure meme coin with no intrinsic utility, apart from the possibility of participating in numerous airdrops from Solana projects. The token economics are solid: 1.4 billion SMOG tokens: 50% for marketing, 35% for airdrops, and 15% for liquidity (10% CEX, 5% DEX).

Attention: The SMOG token presale is now live! Early entrants achieve the highest airdrop scores before the big SMOG airdrop is distributed among all participants and also benefit more from partner airdrops. Buying Smog is now possible with USDT, SOL, or BONK, Solana wallet (Phantom, Solflare) required.

Buy SMOG Presale tokens now

Cryptocurrency is an investment product with no significant volatility and regulation.

2nd Place: Sponge V2

Missed the hottest x100 pump of the year? Then crypto fans should pay close attention now, because Sponge V2, one of the most successful memecoins, is celebrating its comeback shortly before the end of the year, allowing curious investors to get started in the memecoin game at full speed again. The predecessor $SPONGE was able to reach a market capitalization of USD 100 million within a very short time and build a reliable community of more than 30,000 loyal members.

At the beginning of the year, Sponge was particularly impressive with numerous listings on well-known exchanges – including real giants such as BitMart, MEXC, and LBank. With the coin launch of Sponge V2, the developers are planning even bigger steps, as even a listing on Binance could be possible in the future. In addition, $SPONGE gave the first early bird investors an unbeatable return of x100 – is perhaps even more possible with the new Sponge V2 token?

The launch of the Sponge V2 coin is not a traditional crypto presale, because with the help of an exclusive stake-to-bridge system, curious memecoin fans can only receive the new token in two ways:

Anyone who already holds $SPONGE can unstake their tokens and transfer them to the V2 staking pool. There the V1 tokens are irrevocably blocked and converted into V2 tokens at the coin launch – including passive staking rewards.

If you want to secure the exciting upside potential of Sponge V2 as a new investor, you can invest in $SPONGE on the project’s website, have the tokens locked in the V2 staking pool and secure an exclusive buy-and-stake bonus.

Over a four-year staking period, token holders have the chance to secure a staking APY starting at 40% – the more V1 tokens are transferred to the new staking pool, the more Sponge V2 tokens new investors can receive. The new ecosystem will soon be complemented by a play-2-earn game, which provides real utility in the memecoin game – including valuable game credits.

3rd Place: Bitcoin Minetrix

High costs for ASIC miners, expensive lock-in contracts as part of cloud mining, or negative profit due to high electricity costs – that is now over, because Bitcoin Minetrix, the first decentralized stake-2 mining network, has been brought onto the market, making Bitcoin cloud mining accessible to everyone. Bitcoin Minetrix is ​​based on the Ethereum blockchain and allows crypto fans to earn passive income using mining credits.

Finally, earn new Bitcoins? In the Bitcoin Minetrix ecosystem this is possible in three simple steps:

Investors buy Bitcoin Minetrix tokens and initially hold them in their wallets. While early bird investors can exchange ETH, USDT, and BNB for the new token during the presale and benefit from a particularly low price, DEX trading will also be possible later.

Anyone who selects the “Stake & Buy” option can stake Bitcoin Minetrix and lend the tokens to the ecosystem for at least seven days. Over time, users receive valuable mining credits that are based on the ERC-20 standard but are not tradable. Staking Bitcoin Minetrix is ​​already possible during the pre-sale.

The mining credits received are burned to turn them into real mining power. This ultimately allows crypto fans to participate in Bitcoin cloud mining and add new BTC to their wallet. If you want to forego staking, you can also convert $BTCMTX directly into mining credits.

The developers of the new Stake-2-Earn token specifically address the problem of fraudulent mining platforms, which often work with opaque contracts. Not only has the Bitcoin Minetrix smart contract been independently verified by Coinsult, but the tokens remain in the user’s linked wallet at all times – security is the top priority here.

The advantages of Bitcoin Minetrix are clear: Compared to conventional cloud mining platforms, users are neither tied to contracts nor do they have to deposit cash as start-up capital. Coupled with the outstanding performance that Bitcoin clones such as Bitcoin BSC have already recorded this year, Bitcoin Minetrix impresses with a high potential for appreciation, which could provide investors with high profits in the future. The Bitcoin Minetrix Token is only available for a limited time at a pre-sale price of $0.011.

4th Place: Meme Kombat

An exciting crypto prelaunch in the area of ​​blockchain gaming and memecoins is Meme Kombat: a unique gaming platform on the Ethereum blockchain in which legendary meme figures compete against each other as game characters in the battle arena.

An innovative gaming concept with memecoins, decentralized betting, and a variety of staking rewards is inspiring more and more investors and users for Meme Kombat.

The resulting hype and influx of new subscribers on social media gives rise to confidence that Meme Kombat could become one of the best coin launches of the year.

What speaks for the possible success of the project?

Memecoin Bult: Memecoins are the most popular and recently most profitable of all cryptocurrencies, their cult meme characters generate hype and attention. 11 meme characters compete in a real, entertaining battle game.

High Staking Rewards: At Meme Kombat you can bet on your favorite characters in a duel and earn high betting winnings, or passively secure the long-term $MK staking rewards – diverse earning opportunities appeal to crypto users of all risk levels.

Betting Feature: Meme Kombat is to be understood more as a betting game than as a classic play-to-earn game, which can be interpreted as a unique selling point and success factor – we all know the thrill that betting sports can trigger.

Groundbreaking Roadmap: The experienced Meme Kombat project team has presented a detailed roadmap that promises several seasons of Meme Kombat, which will offer additional meme characters, battle modes, and earning opportunities.

The native $MK token (an ERC20 token) is used as the native payment method across the entire gaming platform and is used as follows:

• Users pay MK tokens as a stake when betting on a specific outcome in high-profile Meme Kombats to earn betting winnings.
• Users receive MK tokens for successful bets and long-term staking for support and activity in the Meme Kombat community.

As part of the MK Coin launch, 50% of the total 12 million MK tokens will be available for sale, 30% will be pre-reserved for staking rewards, and another 10% for community rewards and DEX liquidity. USD 10 million in capital is to be raised, so the price of 1 MK = USD 1,667 will apply in the presale.

The MK Coin Presale is now live – interested investors should quickly decide on an investment or examine it more closely, as the first days of the coin launch have already shown keen interest in the project.

5th Place: eTukTuk

A coin launch that wants to ensure clean and sustainable electromobility in developing countries: eTukTuk wants to convert the 270 million TukTuks worldwide that run on combustion engines into environmentally friendly eTukTuks and is creating an extensive ecosystem of innovative charging stations, patented eTukTuk and sustainable incentive mechanisms, payment processing and staking rewards using $TUK tokens on a layer 2 solution of the Binance Smart Chain.

How the ecosystem works is briefly explained:

• Together with regional partners, eTukTuk is creating an extensive network of compatible e-charging stations and bringing its patented, cost-effective eTukTuk onto the market in target markets.
• Drivers can purchase eTukTuks and pay $TUK (and other coins) at supported charging stations – far cheaper per kilometer driven than before.
• Users buy and stake $TUK tokens and can receive staking rewards, which are financed with a revenue share from generated loads per jurisdiction.

Important advantages of this innovative approach are:

• Superior Technology: eTukTuk not only relies on the particularly environmentally friendly Binance Smart Chain with PoSA consensus mechanism and low-cost transaction costs but the patented eTukTuk can be produced locally using just 80 production parts, over 50% lower than the price of previous models.
• Philanthropy: eTukTuk not only offers cheaper peer-to-peer transactions and savings for drivers and users in the ecosystem with blockchain payment processing, it also brings millions of people onto the Web3 through Digital IDs and gives them an ID for the first time and offers access to DeFi System – “banking the unbanked”.
• Full Control: eTukTuk creates its own infrastructure with regional partners in an extensive ecosystem for e-mobility that the community and the project team can develop in a fully controlled and targeted manner – which also ensures cheaper charging prices.
• Staking Rewards: Not only the sustainability but also the sophisticated incentive system with lucrative staking rewards inspires millions of users and investors for $TUK and creates further network effects.

The ecosystem is controlled via the $TUK token – native payment method :

1. Drivers pay with $TUK for the charging carried out at network charging stations.
2. Users stake and receive $TUK by sharing in revenue generated in individual jurisdictions through loading processes.

Over the course of the active $TUK Coin launch, over USD 3 million in capital is expected to be raised. Currently, in the early presales phases, early investors are rewarded with over 30% token discounts and price jumps that can be predicted at short notice until the end of the presales.

Purchases are possible via BNB, USDT, or credit card.

Now for the eTukTuk presale

Cryptocurrency is an investment product with no significant volatility and regulation.

6th place: Wall Street Memes

Wall Street Memes is the most exciting coin launch of the year – Promising memecoin from the legendary Wall Street Memes community with exclusive utility and full crypto spirit.

Who doesn’t know it: Wall Street Memes is a legendary Twitter community in the stock and crypto sector, which takes aim at the absurdities and curiosities of the financial industry and Wall Street with fresh memes and reels every day. 400,000 active community members, enormous social media engagement with millions of reach, including retweets from Elon Musk, Michael Saylor, and Co: the Wall Street Memes community is one of the most passionate communities in the crypto market!

The community is united by a real, serious concern: More transparency and fairness in the international financial markets, instead of the absolute dominance of the Federal Reserve and influential hedge funds, which can influence market dynamics, politics, and law in their favor. Born from the Wall Street Bets community in 2021, it has already shown its power by pumping Gamestop shares.

Wall Street Memes is an ingenious memecoin with enormous potential, which is primarily based on four factors:

• Established Community: The project has an established community with an audience of millions, while most screaming memecoins first have to attract users. All information about the presale can be advertised to millions of crypto fans.
• High Awareness: Not only through his own profiles, but also through the retweets of many well-known financial market legends and crypto veterans – from Vitalik Buterin and Charles Hoskinson and Co – ensure an enormous reach and rush of new investors.
• Well-known Supporters: Even Doge-Father and Twitter troll Elon Musk has posted tweets from the Wall Street Memes page several times and helped the project gain an enormous reputation.
• Crypto Spirit: Wall Street Memes stands for a fair, transparent, and accessible financial market – the core of the crypto spirit, which advocates decentralization and democratization. The WallStMemes community will rally around the memecoin to show their strength and solidarity.

Initially, WSM was launched as a pure memecoin without any intrinsic utility, but a heated debate has already broken out in the community as to whether it should also provide additional benefits and discounts, for example in the connected merchandise store or in partner projects.

Attention: The Wall Street Memes Token Presale is now live! Investors can still benefit from the strong discount in the early presales phase for a short time and secure a return of over 50% by the end of the presales! If you get there early, with a bit of luck you could even win airdrop goodies worth USD 10,000. So: grab it now!

7th Place: 5th Scape

5th Scape presents a groundbreaking opportunity in the digital currency space with its Crypto Presale.

Here are the key aspects of the project:

• Innovative Presale Coin: The $5SCAPE token, an integral part of the upcoming coin launch, offers exclusive access to an advanced VR ecosystem.
• Unique VR Experience: At the heart of the crypto presales is the immersive VR ecosystem, which includes games, a specially developed VR headset, and an ergonomic VR chair.
• Coin Launch with Potential: The launch of $5SCAPE promises not only a new cryptocurrency but also an investment in the future of virtual reality.
• Development Opportunities for Creatives: Developers can use the $5SCAPE token to fund projects and become active in the VR community.

In summary, 5th Scape’s crypto presale is more than just the sale of a new token; it represents a door to innovative VR experiences and a promising opportunity in the world of cryptocurrencies.

8th Place: Green Bitcoin

Like Bitcoin, only environmentally friendly, green, with staking rewards and an exciting GameFi element: With the resounding name Green Bitcoin ($GBTC), the coin launch of Green Bitcoin is currently causing a stir and a furor. The unique combination of all currently popular crypto narratives in one holistic project makes many raves about the opportunity “as if you could buy Bitcoin again for under 1 USD.”

What is Green Bitcoin? An altcoin issued as an ERC20 coin on the Ethereum blockchain (Proof-of-Stake) that offers staking rewards for long-term holding and the innovative predict-to-earn mechanism: Token holders can receive weekly information about the upcoming Bitcoin price vote and whoever gets it right will receive powerful token rewards. Bitcoin + GameFi.

There are at least 5 factors that are bullish for the GBTC coin launch:

• High Staking Rewards: Bitcoin tokens with staking rewards, which reward long-term holding.
• Gamification Binds: The weekly betting rounds on the Bitcoin price development create excitement and bind users to the platform with a betting effect.
• Deflationary Character: In honor of its big brother Bitcoin, the maximum issue amount of GBTC is also limited to 21 million tokens.
• Sustainable & Green: Bitcoin is rightly criticized as being harmful to the environment due to its high power consumption (1,127,000 wH), the GBTC coin only has 35 wH power consumption thanks to the Ethereum consensus.
• Multiple Earning Opportunities: Green Bitcoin already inspires thousands of users and could grow quickly, because, in addition to staking rewards and the hoped-for price increase, there are high weekly prediction rewards.

The Green Bitcoin Coin Launch has already started! For a very short time, interested investors can now get involved in the first of the 3 presales phases and realize a sensational 220% price increase by the time of listing – at USD 0.188 per GBTC vs. the listing price of USD 0.60. The green cryptocurrency could make it big amid the Bitcoin bull run.

Now for the Green Bitcoin Presale

Cryptocurrency is an investment product with no significant volatility and regulation.

9th Place: Scorpion Casino

Scorpion Casino’s native token, SCORP, is one of the next coin launch cryptocurrencies to break out, allowing all holders to earn up to 10,000 USDT in daily passive staking. Described as “the leading eGambling platform of the future,” Scorpion Casino aims to create the first online social gaming platform where players can earn a daily return based on the success of the casino.

The casino offers a fun and smooth gaming experience that allows everyone to win. The casino has 210 casino games, including 160 live games, and is affiliated with all major gambling providers including Evolution and NetEnt. All major table games such as blackjack, roulette, and craps are also available.

In addition, the casino has its own sports betting section where customers can bet on the outcome of their favorite sporting events. All major leagues are integrated for popular sports such as football, tennis, golf, horse racing, basketball, boxing, and MMA.

The fact that the casino is licensed and controlled by the Curacao EGaming licensing authority makes it completely transparent and provably fair.

The SCORP coin is the platform’s own token and the exclusive payment option for the Scorpion ecosystem. It is the default currency for sports betting and casino gambling products, and people who hold the token earn passive income. The income is provided through the redistributive tax, where 2% of each transaction is redistributed to the government.

The project is currently conducting a pre-sale for the SCORP coin before it becomes available on controlled exchanges. Those who purchase more than $1,000 in SCORP during the presale will automatically be enrolled in the Elite Scorpion Members Club, which offers VIP services, discounts, additional staking incentives, and SCORP tokens.

Additionally, investors who use the special bonus code Scorpion20 during the presale will receive an additional 20% tokens on their purchases.

10th Place: Launchpad XYZ

The concept of Launchpad XYZ (LPX) aims to provide companies and users with easy and secure access to Web3 experiences. Similar to other platforms for Web3 entry, the Launchpad XYZ is intended to offer a central platform that provides a wide range of functions for different user needs.

The Launchpad XYZ wallet will allow users to seamlessly interact with Web3 services. Additionally, the platform will also offer a decentralized exchange, providing tools and data for traders of all experience levels. Launchpad XYZ will provide premium token market and on-chain data to help users identify the best investment opportunities. There will also be an NFT marketplace and other trading tools to round out the offering.

The LPX token is already available for pre-sale. Investors have the opportunity to realize potential book profits as the token price is doubled from Phase 1 to Phase 10. The Launchpad XYZ therefore offers an interesting opportunity for investors to benefit from the growing demand for Web3 products.

The Most Exciting Coin Launches in 2024 in Detail

The above ICO list 2024 already gives a good overview of the most exciting crypto presales in 2024. Nevertheless, some projects from this selection that our editorial team considers to be particularly promising will be presented in more detail.

The coin launch of the SMOG Memecoin will be held as part of a fair launch, so all investors can get in at the same price – there are no individual phases of the coin launch presales. Getting in early still pays off, because the longer you hold the SMOG tokens, the more airdrop points there are. The score of airdrop points determines how high the airdrop rewards will be when launching with SMOG airdrop!

The token economics with the distribution of the total 1,400,000,000 SMOG tokens look like this:

• 50% for marketing to promote community growth
• 35% for airdrops (initial SMOG airdrop and subsequent)
• 10% for CEX liquidity
• 5% for DEX liquidity

With the SMOG Coin Launch, investors can get into literally the hottest Solana memecoin of 2024 and celebrate the unique Solana spirit, embodied in the fiery dragon character, and with a bit of luck, win particularly high airdrop points with hefty rewards.

Overview of the most exciting coin launches in 2024

The following table serves as a summary of the particularly promising Crypto ICOs:

What is a Crypto Presale?

A crypto presale, also called a coin launch, crypto ICO, or crypto IDO (although there are differences between ICO and IDO), is a type of initial public offering for cryptocurrencies. The crypto presale usually takes place after the so-called private sales or seed sales, which are exclusively reserved for the closest (institutional) investors. Anyone can take part in the Crypto Presale; in most cases, all that is necessary is to register with the cryptocurrency or with a crypto broker.

After the token presale has been completed, the coin launch usually takes place within a few weeks. As soon as this has taken place, the cryptocurrency can also be traded on various Bitcoin exchanges. A listing on decentralized exchanges such as Uniswap or Pancakeswap can often be implemented more quickly before the centralized crypto exchanges such as Coinbase or Binance finally accept the coin.

How Does a Coin Launch Work?

When launching a coin, a distinction is usually made between an ICO, IDO, and IEO. While an ICO is issued directly by the cryptocurrency, a Crypto IDO runs through a decentralized crypto exchange. Specialized IDO platforms that exclusively trade IDOs are particularly interesting, for example, DAO Maker, Polkastarter, or the BSCPad.

IEOs are cryptocurrencies whose crypto presale or coin launch takes place via a centralized exchange, for example via Binance.com or crypto.com. These large crypto exchanges usually have their own Crypto Launchpads XYZ, for example, the Binance Launchpad XYZ or the crypto.com Syndicate.

Regardless of where the coin launch is ultimately realized, it is always offered at a fixed price, which can only change after the crypto presale as soon as the cryptocurrency is traded on a public exchange. Likewise, the number of tokens in coin advance sales is always limited, so such a token sale can sell out quickly – especially for cryptocurrencies with a lot of potential.

Step-By-Step Instructions for the SMOG Presale

Anyone who missed the success story of BONK and the associated price explosions of x100 can once again benefit from the hype potential of a successful memecoin with the help of SMOG – an investment is possible thanks to a sophisticated hold-to-earn process. Curious investors can use the following step-by-step instructions, which include all the important steps:

Step 1: Create Phantom Wallet

In order to receive new SMOG tokens, you need a crypto wallet that is compatible with the SPL standard of the Solana blockchain. Beginners who don’t yet have a wallet for cryptocurrencies can quickly and easily use the Phantom Wallet.

Download the software for free and install it as a browser plug-in in Google Chrome, Edge, or Firefox – done.

Step 2: Connect Phantom Wallet

Now, crypto investors connect their Phantom Wallet to the official SMOG website by going to the homepage and clicking on “ Buy SMOG,” then “ Connect Wallet,” and then connecting their Phantom Wallet.

Step 3: Buy SMOG

Once connected, you can buy in the USDT/SMOG currency pair. Simply enter the desired purchase amount in USDT and it will be converted to SMOG. Then complete the purchase transaction and you have already purchased SMOG!

After the presales end, the SMOG tokens will be delivered directly to the Phantom wallet you are using with the launch!

Why Invest In Cryptocurrencies During A Pre-Sale Period?

If you want to invest in a coin launch, 1-2 additional steps are usually necessary. Compared to regular cryptocurrency purchases. But these can be worthwhile because a crypto presale can be highly lucrative for both investors and investors.

For example, the average returns on the IDO platform DAO Maker are currently 54%, and at times this value has even averaged more than 4000%. For IEOs via Binance, the current average return is even more than 2500% – and that across 28 evaluated projects. Similar returns are also possible with ICOs, although meaningful statistics are very difficult due to the huge number of ICOs and the unclear data situation.

Nevertheless, investors can look forward to very high returns on good projects. Nevertheless, you should take a closer look at the white paper and the tender, because there is not always interesting quality behind crypto presales.

But it’s not just the return that attracts investors at the coin launch, special advantages can also make an investment more attractive before the official start of trading. Anyone who buys some cryptocurrencies as part of the presale crypto can look forward to airdrops, free extra services, or VIP treatment, especially if the coin is a real utility token.

The Benefits of Getting Into New Coins Early Before the Coin Launch

The advantages of getting started early in a coin launch are obvious:

• The main thing here is a particularly high return
• Furthermore, you can secure special privileges and don’t have to worry about the volatility of the first few days.
• In addition, you are one of the first supporters and often have access to exclusive information that may help with further investment decisions.

How to Spot Fraudulent Crypto Presales?

A big problem with crypto presales is the risk of scams. After all, theoretically, anyone can create a cryptocurrency, market it, and collect investor money – and then disappear with these funds. There have been numerous cases of this in the past and it is fairly certain that this will happen again in the future.

But how can you protect yourself from fraudulent crypto presales that later end in a scam or a so-called rug pull? Examining the following questions can help distinguish a legitimate ICO from a potentially fraudulent coin launch.

• Will this new cryptocurrency solve a specific problem?
• Is the Crypto ICO in question the first cryptocurrency to solve this problem?
• Is there a detailed white paper?
• Is there a detailed website?
• Are the team members and developers introduced?
• Do the social media channels make a serious impression?
• Is the project and function of the Crypto Presale understandable and makes sense?

When it comes to these questions and characteristics, it is important that not a single point necessarily leads to a scam. Rather, the properties listed here are considered red flags if the answer to them is no. The more red flags there are, the more you should refrain from investing in the specific project on the ICO list.

How the Bear Market Affects the 2024 Coin Presale

Especially in the current bear market, you should be particularly careful with coin launches on the ICO list in 2024. While almost every token presale in 2021 brought returns of several hundred percent, this is not the case this year. What may not seem ideal for investors at first glance is, however, more than healthy in the long term.

On the one hand, only projects with substance are marketed as crypto presales, and on the other hand, better returns can probably be achieved in the long term, since exactly those cryptocurrencies with substance and potential can last for several years (or even decades) – in complete comparison to the Meme ICOs Coins whose half-life is only a few weeks.

However, the current market phase in the area of ​​cryptocurrencies has further effects on a crypto presale. Especially if a coin launch takes place at an inopportune time shortly before another market-wide crash, a project can – despite a lot of potential – also start with large price losses,  even if it is a great idea in and of itself and there are no red flags given. For this reason, it is important that investors can also deal with price losses if they are convinced of a crypto presale in the long term.

The Opportunities and Risks of Investing in Pre ICO Tokens

Opportunities

• Very high return potential
• Exclusive pre-sale right
• Some special extra services or benefits

Risks

• High risk of total failure
• Potential often difficult to assess
• More time required
• Scam risk

Conclusion

Crypto presales are a particularly interesting opportunity to participate in the developments and technologies of tokens because you can buy the cryptocurrency from the very first moment and thus get the full return.

Especially for cryptocurrencies with potential, this can quickly mean a three or four-digit return, although you shouldn’t assume that every coin will explode immediately. Rather, you should also view a crypto presale as a long-term investment, even if there is nothing to prevent you from realizing interim profits.

For this reason, it is necessary to do a little research when launching a coin and find possible red flags to rule out an ICO scam. Anyone who has done this and is convinced of a project should only invest a small amount of their investment assets because broad diversification is also important in crypto presales. To find the best token presales, the above Pre-ICO list 2024, which is updated regularly, is suitable. In the long term, it also makes sense to check the latest crypto news here at Moneysense, as the latest cryptocurrencies are always reported on. If you keep up to date with this, you may soon be able to enjoy high returns from the best crypto presales in 2024.