14 Best Cryptocurrency Presales to Invest in 2024

Cryptocurrency presales offer investors a chance to buy new tokens before they start trading on exchanges. In many cases, investors can buy coins at a discount during a crypto presale so that they’re already sitting on unrealized gains when the token lists on an exchange.

A number of presale cryptos have exploded after launch, earning 10x or greater returns for early investors. For example, Tamadoge jumped more than 700% after a holding presale of its $TAMA token that raised more than $19 million. However, many presales flop, so it’s important for investors to find the most promising tokens when buying presale cryptocurrencies.

In this guide, we’ll highlight the best crypto presales to invest in for 2024.

  • Hottest meme token trending on the presale market right now with over $200k raised in first 24 hours!
  • Early investors and degens can stake DOGE20 to earn passive income with +2,000% p/a rewards
  • DOGE20 boasts a greener ecosystem as it's an ERC-20 token making it easy to store in any crypto wallet
Project Launched
March 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Gamified Green Staking Offers Passive Earnings
  • Stakers Are Entitled to Extra Benefits Such as Bonuses for Long-Term Staking
  • Set to Launch on Major Crypto Exchanges After the Presale
Project Launched
April 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Hot Meme Coin Project With Play to Earn Utility and Staking
  • Price has Pumped 10x in Last Month, Rumored to be Listing on Binance
  • Over 12k Holders and Growing
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • State-of-the-art AR & VR ecosystem offering everything from games to movies
  • Massive 5.21B total token supply with 15M marketcap at listing
  • 80% of total supply has been allocated to the presale giving early investors access to in-game perks
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • Debit
    Debit
  • Matic
    Matic
  • BNB
    BNB
  • USDT
    USDT
  • +2 more
  • Trending Solana Meme Coin Offering Exclusive Airdrops
  • Buy And Stake $SMOG For 42% APY Rewards
  • Within First Hour of Fair Launch Market Price Jumped 1,400%
Project Launched
February 2024
Purchase Methods
  • BONK
    BONK
  • ETH
    ETH
  • SOL
    SOL
  • USDT
    USDT
  • +1 more
  • Over $300k Raised and 598% Staking APY on Offer
  • AI-Driven, Sustainable Transport Solution Designed to Revolutionize Transportation in Developing Nations
  • Exciting eTukTuk Play-to-Earn Game In the Making
Project Launched
June 2023
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Innovative Stake-to-Mine Model Bringing New Utility in Web3
  • Cost-Efficient Way to Mine BTC
  • Over 360M BTCMTX Already Staked with Estimated Rewards of 115% p/a
Project Launched
September 2023
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • Matic
    Matic
  • USDT
    USDT
  • Debit
    Debit
  • +2 more
  • $SCORP Token Holders Gain Access to Weekly Bonuses and Free Games
  • Over $2.2M Raised so Far in Ongoing Presale
  • Early Presale Investors Can Participate in a $250k Giveaway
Project Launched
February 2023
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Making headlines as a unique AI-powered cryptocurrency casino offering free NFTs
  • Massive bonuses up to 12k USDT in daily rewards and airdrops
  • Users will be able to earn fixed APRs via staking, with participants receiving occasional free bets and rewards
Project Launched
July 2022
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • USDC
    USDC
  • New stake-to-earn meme token
  • Staking rewards stand currently at 1064 $POODL tokens per ETH block
  • Total token supply of 6.9Bn with 50% set aside for presale
Project Launched
Februari 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Debit
    Debit
  • +1 more

The Top Crypto Token Presales to Invest in Now

We’ve researched 14 new crypto presales to find tokens with the greatest potential once they hit exchanges. Here are the best crypto presales to invest in today.

  1. Dogecoin20 ($DOGE20) – Best crypto presale with a PoS model. Raised $280K on day one.
  2. 5th Scape ($5SCAPE) – New VR-themed gaming crypto. Raised over $2.6 million.
  3. Sponge V2 ($SPONGEV2) – Promising new meme coin, get 176% staking APYs.
  4. Smog ($SMOG) – Top crypto presale alternative. Get 42% staking APYs and airdrop rewards.
  5. eTukTuk ($TUK) – Sustainable crypto building EV charging stations. Get 126% staking yields.
  6. Bitcoin Minetrix ($BTCMTX) – Innovative stake-to-mine crypto has raised over $12 million.
  7. Scorpion Casino ($SCORP) – Online gaming cryptocurrency casino. Over $6M raised on presale.
  8. Hypeloot (HPLT) – New presale of an AI-powered crypto casino. Over $670K raised.
  9. Crimecoin ($CRM) – Meme coin incorporating the history of famous crime bosses.
  10. Hexa Chain ($HEXA) – Blockchain-based learning platform built for teachers and students.
  11. Moondogg ($MDOGG) – Meme coin featuring a French bulldog in space. Over $20K raised.
  12. Merix Network ($MERIX) – Decentralized affiliate marketing platform provides referral rewards.
  13. Dais ($DAIS) – Sustainable fashion platform using AI, over $140K raised on presale.
  14. Dogodoge ($DOGO) – Dog-themed meme coin featuring P2E gaming, a metaverse, NFTs, and more.

Reviewing the Top New Cryptocurrency Presales

Now that investors know more about what crypto presales are, let’s take a closer look at the best cryptocurrency presales to invest in for 2024.

1. Dogecoin20 ($DOGE20) – Best Crypto Presale With a Proof-of-Stake Model

Dogecoin20 ($DOGE20) is the best crypto presale to buy now. It is a new meme token presale building on Dogecoin’s principles but uses Ethereum’s eco-friendly Proof-of-Stake (PoS) mechanism.

It offers a more sustainable and greener alternative to Dogecoin’s Proof-of-Work (PoW) model while offering its users a passive income-earning opportunity. The PoS protocol also ensures faster and more secure transactions.

The platform recently launched its presale and offers the DOGE20 tokens for only $0.00014. It has raised over $270K in less than a day of its official launch, showing massive community support.

Dogecoin20

Staking is at the heart of Dogecoin20. Early buyers can get a staking APY of over 1800% at the time of writing. However, this rate will decline as more buyers enter the staking pool.

The platform’s staking mechanism distributes rewards based on the staking percentage of the total pool, with 12.5% of the total supply allocated for staking rewards in the first year.

Per the Dogecoin20 whitepaper, the platform’s total supply is 140 billion tokens. During the ongoing presale phase, 25% of its supply will be offered to early investors.

The platform’s roadmap also shows its plans to offer a fair presale, early staking incentives, and a decentralized exchange launch on Uniswap in the coming weeks.

Buyers can enter the Dogecoin20 Telegram channel and follow it on X (formerly Twitter) to get the latest updates.

Hard Cap $6 million
Total Tokens 140 Billion
Tokens available in presale 35 Billion
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, BNB, Card

2. 5th Scape ($5SCAPE) – Virtual and Augmented Reality Crypto Gaming Platform, Raised Over $2.6M 

The next top presale to watch in 2024 is 5th Scape ($5SCAPE). This is a virtual and augmented reality platform. $5SCAPE token holders can access a range of VR-themed gaming modes, educational modules, and blockbuster movie content. 

5th Scape homepage

By holding $5SCAPE tokens, you get lifetime access to a range of VR products and services on 5th Scape. One of the main focuses of 5th Scape is to develop its gaming environment. This mode will host VR-themed MMA games, and Soccer and Cricket simulations. 

Token holders can also access free VR educational modules and seminars. A collection of blockbuster movies can be watched on 5th Scape as well. To heighten the VR experience, token holders can purchase 5th Scape’s VR headsets and gaming chairs. These are offered at discounted prices to $5SCAPE token holders. 

Therefore, this cryptocurrency may be attractive to gamers interested in exploring hyper-realistic VR worlds. To get involved in the project, you can purchase $5SCAPE through the ongoing presale. Currently, $5SCAPE is priced at $0.00248 per token. 

5th Scape presale

The presale will consist of 12 rounds – where over 4 billion tokens will be distributed. This equates to 80% of the total 5.21 billion token supply. So far, the 5th Scape presale has raised more than $2.6 million. 

Stay updated with this cryptocurrency by reading the 5th Scape whitepaper and joining the Telegram channel.

Token symbol 5SCAPE
Presale supply 4,164,175,455 SCORP
Token type ERC-20
Payment methods ETH, USDT, BNB, MATIC, Card
Listing price $0.01

3. Sponge V2 ($SPONGEV2) – Stake-to-Bridge Meme Token with 100x Potential, Aims to List on Binance and OKX

Sponge V2 is a new token from the explosive $SPONGE meme coin community. Meme investors are likely familiar with $SPONGE V1 because the token rocketed from a $1 million valuation at launch to a more than $100 million market cap in the spring of 2023.

While $SPONGE has since fallen back to earth, it’s never lost popularity. The token still has a market cap over $16 million and more than 11,500 token holders. It’s also listed on a number of major exchanges including MEXC, Gate.io, Poloniex, and more.

Sponge V2 Presale

According to the Sponge V2 whitepaper, the V2 token offers bigger rewards and another opportunity to soak up the damp. The project plans to roll out a play-to-earn game that could attract new investors.

Even more exciting, $SPONGE is aiming for listings on Binance and OKX, the world’s two largest crypto exchanges. A listing on either exchange is likely to send the price of $SPONGEV2 soaring, providing a big payoff for early investors.

The only way to get $SPONGEV2 right now is by staking V1 tokens and bridging to V2. Staked V1 tokens will be permanently locked and issue rewards in $SPONGEV2 coins for the next 4 years.

Sponge V2 P2E Game

New investors who buy $SPONGE now to stake and bridge to V2 will earn a bonus: they’ll get a pile of V2 tokens equivalent to their purchase amount. That’s on top of the V1 they buy and stake.

Follow $SPONGE on X, Telegram, and Discord to get the latest updates about the bonus and exchange listings.

Hard Cap N/A
Total Tokens 150 Billion
Tokens available in presale N/A
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, Card

4. Smog ($SMOG) – Best Crypto Presale Alternative Aiming To Offer the Greatest SOL Airdrop Ever

Smog ($SMOG) is a new meme coin on the Solana blockchain aiming to be the ‘greatest SOL airdrop of all time.’ $SMOG aims to dominate the meme coin market by recreating the success of previous meme coins like Bonk, Myro, and Dogwifhat. The token launched on February 7, 2024, with an initial price of $0.001419.

Since then, the token price has surged by over 2000%, and the token is trading at nearly $0.04 at press time, showing massive community interest.

Smog token presale

Key Features:

  • Fair Launch: No presale ensures equal entry for all, improving legitimacy.
  • Airdrop Rewards: 35% of the total supply is allocated for airdrop rewards, with points earned through social interaction, quests, and on-chain activities like buying, holding, and staking.
  • Liquidity: 10% for CEX liquidity and 5% for DEX liquidity support smooth trading.
  • Staking: Users can buy and stake $SMOG on the Smog website for extra airdrop points and a 42% APY, with a 90-day lock period.
  • ETH Bridge: A bridge to Ethereum expands access to the ETH community with an ETH-wrapped pair pool for trading bridged tokens.

The platform also has integrated with Zealy Airdrop and strongly focuses on community building through social dominance and quests.

The token’s recent launch on Jupiter could be favorable, particularly when Solana-based Jupiter’s trading volume briefly surpassed Uniswap’s volume. 

Interested users can enter the Smog Telegram group or follow it on X (Twitter) for the most recent updates.

Hard Cap N/A
Total Tokens 1.4 billion
Tokens available in presale Not a presale
Blockchain Solana
Token type SPL
Minimum Purchase None
Purchase with ETH, USDT, USDC, SOL or any other Solana-based token

5. eTukTuk ($TUK) – Sustainable Crypto Building New EV and Charging Stations in the Developing World

eTukTuk is a green crypto project enabling electric vehicle expansion in the developing world. It’s taking advantage of a rapidly expanding market sector to participate in the green revolution while also offering potentially huge returns for investors.

The project’s presale has gotten off to a rapid start, raising more than $1.9 million already and is offering more than 126% staking APY.

eTukTuk presale

eTukTuk is designing a new EV that’s designed specifically for developing countries. It’s small, nimble, inexpensive, and doesn’t require a lot of power to fully charge. The new EV could be a smash hit in places where Teslas are wildly unaffordable.

Along with the EV, eTukTuk is building a network of chargineTukTuk presaleg stations. These will run on the project’s $TUK token as well as fiat. $TUK users will receive a significant discount on charging.

On top of that, investors in $TUK stand to earn rewards from the charging network revenue when they stake their tokens.

eTukTuk home

The International Energy Agency estimates that EV sales could grow 35% this year alone, so the potential growth of an investment in eTukTuk’s EV charging infrastructure is enormous.

Hard Cap $10,730,000
Total Tokens 2 billion
Tokens available in presale 200 million
Blockchain Ethereum
Minimum Purchase None
Purchase with ETH, USDT

6. Bitcoin Minetrix ($BTCMTX) – New Stake-to-Mine Cryptocurrency Tokenizing Cloud Mining 

Our next pick is $BTCMTX – the native cryptocurrency of the Bitcoin Minetrix platform. Bitcoin Minetrix is a revolutionary platform that will allow everyone to participate in cloud mining with little to no effort. 

This stake-to-mine platform will allow $BTCMTX token holders to stake and earn cloud mining credits on the ecosystem. However, these credits are not tradable. 

Bitcoin Minetrix presale

Instead, they can be burnt on the ecosystem and be used to acquire Bitcoin cloud mining power. By doing so, users will earn allocated mining time and a share of mining revenue.

At press time, the staking APY (Annual Percentage Yield) is more than 57% and the presale has already raised more than $12 million. At the time of writing, $BTCMTX is priced at $0.014 per token. 

Bitcoin Minetrix came up with this solution due to the dubious third-party mining companies that scam investors. 

Since Bitcoin Minetrix decentralizes and tokenizes cloud mining, users will have autonomy and control over their credits. Thus, it is no surprise that Bitcoin Minetrix has gotten off to a great start with its newly launched presale. 

Bitcoin Minetrix roadmap

From a total supply of 4 billion, 2.8 billion $BTCMTX tokens have been allocated on presale which is aiming to raise a hard cap of $33 million by the end of the presale. 

Interested investors can join the presale with a minimum purchase of only $10 – stay updated with this new crypto presale by reading the Bitcoin Minetrix whitepaper and joining the Telegram channel

Hard Cap $33 million
Total Tokens 4 Billion
Tokens available in presale 2.8 Billion
Blockchain Ethereum
Minimum Purchase $10
Purchase with USDT, ETH, BNB

7. Scorpion Casino ($SCORP) – Online Casino and Sportsbook Sharing Revenue with Token Holders

Scorpion Casino is a new online casino and sportsbook built on Binance Smart Chain. This gambling platform offers more than 35 sports markets for betting and more than 200 popular casino games.

Scorpion Casino presale

Scorpion Casino looks like an exciting alternative to existing online casinos like BC.Game and Stake. Players can enjoy a mobile-friendly gaming experience and more ways to bet. It even plans to roll out live dealer games and live in-game sports betting, two markets that should be a big draw for players.

What’s really unique about Scorpion Casino is how it plans to share revenue with token holders. 50% of the casino’s revenue will be used to buy back and burn $SCORP tokens, reducing the supply and increasing their value. The other 50% of the casino’s revenue will be distributed directly to $SCORP stakers in the form of token rewards.

Scorpion Casino also has an affiliate program that enables enthusiastic token holders to earn rewards for referring friends and family to the platform.

Scorpion Casino presale

The project has so far raised more than $6 million in $SCORP tokens – investors need to hurry if they want to buy $SCORP before it sells out.

Hard Cap $1,000,000
Total Tokens 1.2 billion
Tokens available in presale 480 million
Blockchain Binance Smart Chain
Minimum Purchase None
Purchase with ETH, USDT, BNB

8. Hypeloot ($HPLT) – Top AI-Powered Crypto Casino Presale, Earn Staking Rewards and NFTs

The next top presale is being conducted by $HPLT, the native token of Hypeloot. This popular AI-powered crypto casino generated $1 million worth of profits in 2022. 

Hypeloot presale

Through the $HPLT token, Hypeloot offers a number of benefits to token holders. Firstly, all token holders get free gaming credits within the casino. You can open mystery boxes, and win huge prizes by accessing provably fair games like Plinko and Crazy Wheel. 

By purchasing $HPLT through the ongoing presale, token holders stand a chance to win Hypeloot’s NFT collection – Hypes NFTs. These NFTs can be traded in the ecosystem and used to extract various rewards. 

Finally, token holders can generate passive income by staking $HPLT on the staking pool. Hypeloot buys back a portion of its tokens through centralized exchanges by using a portion of its casino profits. Its total supply of 100 million will be reduced over time, as 50% of the tokens bought back will be burnt. 

Hypeloot benefits

The remaining 50% will be given to token holders through the staking pool. From the 100 million supply, 40 million tokens are being allocated through the ongoing presale. At the time of writing, $HPLT is priced at $0.09375 per token. So far, this new crypto presale has raised more than $670K. 

Read the Hypeloot whitepaper and join the Telegram channel to stay updated with this cryptocurrency. 

Hard Cap N/A
Total Tokens 100 million
Tokens available in presale 40 million
Blockchain Ethereum
Minimum Purchase None
Purchase with ETH, USDT, USDC, BNB

9. Crimecoin ($CRM) – Meme coin incorporating the history of famous crime bosses.

Crimecoin is a new meme coin for history buffs and fans of some of the biggest criminal enterprises of the last century.

This meme coin doesn’t have a single mascot, but dozens. It features crime bosses like Carlo Gambino, Pablo Escobar, Al Capone, and more. Each crime boss is paired with a history of their criminal deeds, helping educate token holders while also enabling them to earn returns through staking.

Crimecoin Presale

Crimecoin has a potentially very profitable tokenomics structure. 60% of the token supply is locked for 12 months, ensuring that demand outpaces supply after launch. Presale investors also get a 10% discount on $CRM relative to the anticipated launch price.

Crimecoin doesn’t specify how much it has already raised through its presale, but the presale has a hard cap of 90 million $CRM. During the presale, investors can buy $CRM with BNB at a price of 1 BNB per 50,000 $CRM.

10. Hexa Chain ($HEXA) – Blockchain-based learning platform with weekly 1% token burn.

Hexa Chain is a new blockchain-based learning platform built for teachers and students. It especially targets the elementary, middle, and high school markets, which often lag behind the higher education world in terms of their technology use.

The project plans to build a series of apps that educators can use to develop teaching modules and that students can use to take lessons. It’s also built to be open-source, which enables anyone to create new apps on Hexa Chain’s platform and expand the functionality of the ecosystem.

Hexa Chain Presale

Hexa Chain has enormous potential as a disruptor in the education space. It’s currently one of the only blockchain projects targeting education.

The project doesn’t provide details about its presale, including how much has been raised or its hard cap. However, investors can look forward to staking rewards as well as a weekly burn of 1% of the total token supply. The burn will help keep the supply down as token rewards are released and add to the investment value of $HEXA.

11. Moondogg ($MDOGG) – Meme coin featuring a French bulldog in space. Raised more than $20,000.

Moondogg is a new meme coin based around a dog—but probably not the type of dog most investors expect. Instead of a shiba inu, Moondogg is centered around a French bulldog wearing sunglasses in space.

The project is whimsical and funny, and it’s attracted the attention of some major crypto influencers. Moondogg has already raised more than $20,000 through its presale.

Moondogg Presale

The $MOONDOGG token offers staking rewards for investors as well as early access to a set of planned Moondogg NFTs. The NFTs aren’t yet available, but investors can preview some of the art to see what’s in store.

The presale is split into 2 stages, with the price increasing from $0.002 to $0.004 from the first stage to the second. That’s a big difference, so investors will want to be sure to get in on $MOONDOGG before Stage 1 sells out.

12. Merix Network ($MERIX) – Decentralized affiliate marketing platform with newly launched presale.

Merix Network is a decentralized platform built to make affiliate and referral marketing easier than ever. With this platform, influencers can keep track of their referrals and leads, send token rewards to encourage conversion, and much more.

The platform is stepping into a potentially huge market. According to Forbes, 78% of B2B marketers say that referral programs generate good leads. The market for referral marketing software like Merix Network is expected to top $700 billion by 2027, according to Fortune Business Insights.

Merix Network Presale

Merix Network just launched its presale, so it’s hard to say how quickly the $MERIX token will sell. During the presale’s first stage, investors can buy $MERIX at a price of $0.001.

This is a promising token, and the presale is still so new that investors have a chance to get in fully on the ground floor and lock in the lowest possible price.

13. Dais ($DAIS) – Sustainable fashion platform using AI to create a virtual runway. Raised $140,000.

Dais is a groundbreaking project in the fashion industry that could become the go-to platform for previewing digital outfits in the metaverse.

The project uses AI to visualize what specific outfits will look like on a person or avatar on a digital runway. It’s much lower cost and more convenient than traditional runway shows, but viewers can just as easily judge how hot a piece of clothing will be using Dais.

Dais Presale

Dais also offers a line of fashion NFTs and a creation studio where anyone can create their own NFT outfits. This makes it a powerful tool for new crypto projects building their own metaverses.

Dais is still in the first stage of its token sale, but it’s already raised almost $140,000. The price is set to double at the end of this stage, so investors have to hurry to lock in the best price for $DAIS tokens.

14. Dogodoge ($DOGO) – Dog-themed meme coin with P2E gaming and a metaverse. Raised more than $1.35 million.

Dogodoge is another meme coin that features a dog other than a shiba inu. The token’s mascot is a golden retriever who’s been a very good boy.

The project stands out for offering multiple modes of utility. Owners of $DOGO tokens can join in play-to-earn crypto games, purchase Dogodoge NFTs, and more. Dogodoge will even offer its own decentralized exchange where token holders can easily swap for other altcoins.

Dogodoge Presale

Dogodoge investors also have the option to stake their $DOGO and earn token rewards. Staking also gives investors benefits within Dogodoge P2E games, which is something that most other tokens don’t offer.

The presale is still in Stage 1, but it’s selling out fast. Dogodoge has already raised more than $1.35 million. The price is set to rise 30% in Stage 2, so investors can lock in the best price by joining as soon as possible.

What Is a Crypto Presale?

A crypto presale is a type of initial coin offering (ICO) in which a new crypto project offers its tokens directly to investors.

Unlike initial DEX offerings (IDOs) and initial exchange offerings (IEOs), crypto presales do not involve a crypto exchange. Instead, crypto projects set up their own presale platform where early investors can buy the project’s presale crypto.

During a presale, a token is not yet trading. Investors can buy the token at a fixed price. Typically, tokens are released to investors at the end of a presale rather than at the moment investors make a purchase. The release normally happens before a token lists on exchanges, although this isn’t always the case.

Crypto presales achieve 2 key goals.

First, they offer a way for a new crypto project to raise money. There are no listing fees for a crypto presale and the project doesn’t have to split the funds it raises with an exchange. So, a presale can enable a new crypto project to keep more of the funds it raises for future development.

Second, presales can build hype around a token. Often, crypto projects do a lot of marketing when a crypto presale is going on. That not only encourages investors to buy during the presale, but also ensures there’s strong demand for a new coin when it launches on exchanges.

Crypto presales are typically open to the public. That said, it is possible for crypto projects to hold private sales that are limited to insiders, venture capitalists, and institutional investors. Private sales are sometimes referred to as “presales,” but the regular presale crypto term generally refers to token sales that anyone can join.

How Do Crypto Token Presales Work?

Crypto presales usually follow a standard format.

First, the development team behind a new project decides how many tokens they want to allocate to the presale and at what price. Presales can sell all tokens at a single price, or they can split the presale into stages and offer a different price during each stage. If a presale has stages, the number of tokens offered during each stage can also vary.

Crypto presales can also have 2 different caps: a soft cap and a hard cap. The soft cap is the fundraising goal a project would like to reach, but not necessarily the point at which tokens sell out. The hard cap represents the maximum number of tokens available to buy during a presale.

Once the project team decides on this structure, they can set up a presale platform. This is usually a website with an embedded smart contract that controls the tokens allocated for the presale.

Investors can connect a crypto wallet to the presale platform to purchase tokens. Depending on the presale, investors usually have to swap ETH, USDT, BNB, or another crypto token for the project’s presale cryptocurrency. Some presales have integrations that enable investors to instantly buy USDT with a credit or debit card when making a presale purchase.

After investors buy a presale crypto, they have to wait for the tokens to be released. This usually happens at the end of the presale, before the token lists on exchanges. An investor can reconnect their wallet to the presale platform to claim the tokens they purchased.

Are Crypto Presales a Good Investment?

While many crypto investors focus on established tokens such as Bitcoin and Ethereum, new token sales offer a lot of potential. Let’s take a closer look at some of the key reasons why investors should consider crypto presales.

Upside Potential

New cryptocurrencies have enormous potential. Imagine, for example, if a newly launched cryptocurrency becomes the next Bitcoin. Early investors could become crypto millionaires overnight.

The upside potential for every project is different, but the tokens at the heart of many crypto presales aim to fill niches that existing coins don’t.

Price Discounts

Another benefit to investing in new crypto sales instead of waiting until new tokens list on exchanges is that presales typically offer discounted pricing.

Other crypto presales offer bonuses like extra tokens on top of whatever an investor buys. These discounts and bonuses can end up being worth a lot of money, especially if a token takes off after it hits exchanges.

Exclusive Benefits for Presale Investors

In some cases, presale investors can also reap rewards that are exclusively available to a project’s early backers. There are several forms these rewards can take, including:

  • Higher APY rates for staking tokens
  • Token or NFT airdrops
  • First access to a new NFT collection
  • Beta access to play-to-earn games or other features

These rewards often have monetary value or give investors the chance to score valuable assets like NFTs. Projects don’t always announce the giveaways and rewards they have planned, so investors sometimes just need to take it on faith that their support for a project will be rewarded.

How to Pick Which Token Presales to Invest in

New token sales launch almost every day. So how can investors decide which are the best crypto presales and which will be duds?

We’ll cover some of the main points to consider when evaluating crypto token presales.

Crypto Whitepaper and Roadmap

The first place to start when analyzing a token sale is the project’s whitepaper. Every legit project should have a whitepaper that clearly explains what the cryptocurrency is all about and what investors can expect if they buy the token.

The whitepaper should cover several key items and offer crucial information, while the roadmap will tell an investor exactly how and when it plans to get there.

btcmtx roadmap

First, it should clearly explain the purpose of the token. What does it do and how does it relate to the goals of the project? Some projects offer tokens that are integral to the functioning of an ecosystem, while others have coins that seem peripheral.

Investors should focus on projects that use their tokens for essential functions, since this ensures demand for the token will be high if the project is a success.

Second, the whitepaper should explain the coin’s tokenomics. There’s no single tokenomics model that works best for every token. However, it should be clear how much of the total supply is allocated to the presale, how much has been set aside for the project team, and how much will be released during exchange listings.

Ideally, projects will be 100% community-owned, which reduces the risk of a rug pull and aligns incentives for the project team and investors.

Finally, the whitepaper should cover a project’s roadmap. The roadmap lays out the project’s goals and future development milestones. It should give concrete dates or phases for new feature roll-outs and also discuss any token burns that could impact the supply of a coin.

A project’s roadmap can be optimistic, but it should still be realistic based on the number of developers available.

Price Potential

The ultimate goal for crypto presale investors is to find tokens with the highest price potential relative to their price during the presale. Investors will typically make the most money on price appreciation, although investors can also earn returns from presales by staking their tokens instead of selling them.

Price potential is hard to gauge, especially since presale tokens don’t have any price history behind them. Being able to predict potential is what sets the best crypto investors apart from everyone else.

Think carefully about the market a crypto project is addressing and what it could be worth. For example, Scorpion Casino is focused on the online gambling market. According to Grand View Research, this market is valued at $63 billion globally and is expected to grow at an 11% compound annual growth rate through 2030.

So, if Scorpion Casino can capture even 5% of this market after launch, it could reach a market cap of more than $3 billion. That represents a potential growth of roughly 120,000% from the token’s expected market cap at launch.

Utility

What a coin is used for can play an important role in how valuable it is in the future. A token that plays a central role in a crypto project’s ecosystem will generate demand because of the platform itself and push up the token’s price.

eTukTuk achieves this, as an example, by providing discounts to token holders who pay for EV charging with $TUK instead of fiat. That encourages anyone who drives an EV to own $TUK, thus increasing demand for the token.

Utility can also include staking, which encourages investors to hold onto a cryptocurrency for the long term. Staking locks up token supply and keeps it off the market, helping support a coin’s price.

All this said, not every token needs to have utility. Meme coins are incredibly popular and have proven that they can deliver huge price gains for investors. Psychologists have found that the community around meme coins makes them feel more “real,” and that could be considered a form of utility in itself.

Popularity

A good way to gauge a new crypto sale’s price potential is to look at how popular it is. Crypto presales that generate a lot of excitement are much more likely to pop after launch than presales that only engage a few dedicated fans.

Presale investors can consider a number of factors to determine how popular a new project is. These include:

  • Followers on social media (e.g. Twitter)
  • How many unique wallets have made purchases during a presale
  • Social media sentiment analysis
  • Crypto influencers discussing a token

It’s also a good idea to check what portion of a project’s treasury is dedicated to marketing. Marketing plays an important role in helping new crypto tokens get “discovered” and listed on major exchanges.

How to Find New Cryptocurrency Presales

There are many ways that investors can find new crypto presales. We’ll take a look at some of the best things to keep an eye on.

Crypto Presale Databases

One of the best ways to find new crypto presales is to monitor sites that aggregate new presales. Most tokens list on these established databases as a way to be found by investors.

Crypto presale database sites include CoinSniper, ICO Drops, and PinkSale. These sites usually provide basic information about a presale and a link to the presale platform.

Note that some databases accept payment to list presales, so it’s important for investors to do their own research beyond what’s available on these sites.

Social Media

Social media is a great source of information about new cryptocurrency presales. Most projects have social-savvy developers who promote their token on Twitter, Reddit, YouTube, TikTok, and other channels.

It’s possible to find individual presale projects on social media by monitoring hashtags or crypto groups. Investors should also build a network of crypto influencers and market monitoring sites that they can use to spot new projects.

After finding a crypto presale, social media is especially helpful for monitoring for updates on the presale status or analyzing sentiment around a project.

Crypto Influencers

Crypto influencers spend their days searching for upcoming crypto presales to invest in and promote to their followers. So, you can take a lot of the legwork out of finding crypto presales to invest in simply by following crypto analysts and influencers on social media.

Influencers like Jacob “Crypto” Bury have excellent track records of picking winning projects.

Beware that many crypto influencers are paid by projects to hype them up. They may also have invested in those projects, but that’s not necessarily the case. Investors should always do their own research in addition to listening to what influencers have to say about a presale.

Potential Risks of Crypto Coin Presales

While crypto presales can be potentially very profitable, investors can also lose money on them if they’re not careful. To avoid this outcome, it’s important to understand the risks of cryptocurrency presales.

Loss of Investor Interest

No matter how popular a crypto project is during its presale, there’s always a chance that investor interest won’t be sustained beyond launch. This can happen when a project suffers a setback late in its presale or lists on a minor crypto exchange rather than a Tier-1 crypto exchange.

In that case, presale investors may sell their tokens as soon as the project lists. This creates a spike in supply at the same time that demand is down. A flood of tokens onto the market like that can cause prices to drop rapidly.

Even if an investor also wants to sell as soon as the token lists, there is no guarantee that they will be able to sell at the list price. A lot depends on exchange liquidity, and investors could lose any unrealized gains they may have earned during the presale.

An example of this happening is the LunaOne crypto presale in late 2022. The project lost nearly 75% of its value after it launched on exchanges as investors tried to dump their tokens. Many presale investors took significant losses.

Delayed Token Release

Most crypto projects release tokens purchased during a presale to investors before it launches on exchanges. However, not every project promises this explicitly, and projects have been known to wait until after an exchange listing to give presale investors access to their tokens.

This might not be a problem if the token’s price shoots upward during the launch. But if the price falls, investors won’t be able to exit their position. They must wait until they can claim their presale tokens to sell on the exchange, at which point the price of the token may already have fallen significantly.

Scams and Rug Pulls

Scams are unfortunately prevalent in the crypto presale space. Scams can cause investors to lose some or all of their money in exchange for no tokens or worthless tokens.

One of the most common types of scam is the rug pull, in which a project’s development team removes funds or tokens from a liquidity pool just before or just after a token’s launch. In effect, this pulls the rug out from beneath a token and tanks its value, leaving investors in the lurch.

In one rug pull, the founder of the Turkish crypto exchange Thodex stole more than $2.5 billion worth of investors’ funds as he halted trading and removed all liquidity from the platform.

Are Cryptocurrency Presales Legal?

Cryptocurrency presales are legal in most countries, although they do face some regulatory questions.

The main question around crypto presales is whether the tokens being sold are securities. This is especially uncertain in the US.

In a recent court ruling, it was decided that crypto tokens sold to retail investors through exchanges are not securities. However, it is unclear whether this determination applies to crypto presales, and the US Securities and Exchange Commission is appealing the ruling.

The US Congress is currently working on crypto legislation that could better define the status of crypto tokens as securities and create rules for crypto presales. However, this legislation appears to still be a long way from being passed.

While all this is happening, many crypto presales have gone ahead without any legal problems from regulators. Unless there is a change in the regulatory landscape, crypto presales are considered by many project founders and crypto analysts to be legal.

How to Invest in a Crypto Presale

To illustrate the process of investing in a crypto presale, we’ll walk through all the steps involved. We’ll use Dogecoin20 as an example since we’ve rated it as the one of the best cryptocurrency presales for 2024.

Step 1: Create a Crypto Wallet

The first step to joining a crypto presale is to get a crypto wallet. We recommend MetaMask, which is free to use and highly secure.

To get a MetaMask wallet, simply visit the MetaMask site and download the wallet app for a smartphone or browser. Remember to store the seed phrase somewhere secure, since this is required to access the wallet on another device or to recover the wallet if the password is lost.

Download Metamask

Step 2: Buy ETH or USDT

Investors must have ETH/USDT to purchase $DOGE20 tokens. They can purchase these tokens from a centralized exchange using fiat, including bank transfers and credit cards.

Once an investor purchases ETH or USDT, they can send it to the MetaMask wallet they set up in Step 1.

Step 3: Connect to the Presale Platform

Visit the Dogecoin20 platform and click ‘Connect Wallet.’ Follow the prompts to authorize the connection to the MetaMask wallet.

Step 4: Buy $DOGE20

Enter the amount to invest in the $GBTC in USDT or ETH. Select the ‘Buy’ option.

Conclusion

Crypto presales offer the potential for huge upside for early investors who back the right project. They typically give investors a chance to buy new tokens at a discount and can even offer exclusive rewards.

We recommend Dogecoin20 ($DOGE20) as the best new crypto presale. This sustainable crypto offers high staking yields and community focused tokenomics.

References

FAQs

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About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Michael Graw
Crypto Writer

Michael is an experienced freelance writer hailing from Bellingham, Washington. Specializing in tech, finance, and business, he's appeared on many different sites, including the likes of Tom's Guide, TechRadar, Techopedia, and Business2Community.

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