The crypto market time and time again in 2023 has shown resilience not seen before in years gone by. Generally, as a new risk market, it suffers when outside macro conditions go against it. The Russia-Ukraine conflict, for example, had dire effects on the market.
2023 has been different, however. The Israel-Palestine conflict caused the market to tank last week and it seemed like that was set to continue. However, the market has shown its resilience, with coins like Bitcoin (BTC) and Solana (SOL) seeing growth in the last few days. Bitcoin could be solely responsible for dragging the market out of negative conditions if it can sustain a price above $29k, which is seen as a breaking point.
While established coins battle against tough conditions, the presale market is thriving. Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK), and TG.Casino ($TGC) are all standout examples of coins that are having exciting presales.
Let’s take a look at what gives them the potential for big gains.
Bitcoin Minetrix- Investors should be paying attention to this coin that could fix Bitcoin mining
The Bitcoin Minetrix (BTCMTX) sale has just entered phase two and is really picking up steam. Already over $2 million has been raised despite the presale only being weeks old. The whole idea behind the project is to fix the Bitcoin mining industry. The project recognizes that the process can hardly call itself decentralized anymore, as only the elite can partake in the activity now.
Bitcoin Minetrix proposes a combination of cloud mining and staking that puts the control back into the everyday investor’s hands. As cloud mining is a more green practice than normal Bitcoin mining. It makes Bitcoin Minetrix an eco-coin.
The staking part works the same as any other project. Investors can stake their tokens and earn a passive income, at the moment the APY stands at a huge 342% so that potential income could be large. Of course, investors can unstake and sell at any time, either. The third option is the one investors should pay attention to as it could lure in thousands of users, thus boosting the price of BTCMTX.
The staked tokens can also be exchanged for mining credits. These are non-transferable, secondary ERC-20 tokens that act as tickets for investors into the world of Bitcoin mining. They are burned in exchange for BTC cloud mining time or for a share of the yields. What the project does is find a cheaper solution for Bitcoin miners without the hidden fees or risk of scams.
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Meme Kombat- Players have lots of chances to win big playing this exciting combat game
The Meme Kombat ($MK) presale is really kicking into gear now as it has just surpassed the $6500k raised mark. It has the potential to be one of the best P2E games that the crypto market has seen. As many of you may have guessed, the game is based on one of the most successful combat gaming franchises of all time; Mortal Kombat.
Except, instead of the characters from that game, players will be doing battle with the biggest memes from the last decade. From Pepe to Wojak they are all represented. Meme Kombat integrates AI technology into their game too. Not just to make the gameplay state of the art but to help with the outcome of fights.
That is important due to what a big factor wagering is in the game. That’s right, not only can you play, but you can also bet on the outcome of fights. Bet 1 v 1 vs the computer, or against fellow players, or even engage in some side betting. Whether it’s the first move, specific outcomes, or unique battle events, side action betting invites users to dig deeper into the game’s mechanics.
Staking is also a big factor in Meme Kombat’s ecosystem. With 30% of the total allocation of coins dedicated to betting and staking rewards, you can be sure players will be handsomely rewarded. The APY currently stands at 112% so you can win from wagering and earn a passive income at the same time.
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TG.Casino- A partnership with Telegram means this casino could rocket up the charts
The TG.Casino ($TGC) presale is the last one we will discuss, and just like the first two, it is starting to gain a lot of attention. Over $1.2 million has now been raised but it is noticeable that the pace has picked up in the last week. With just two days until the next price hike, interested parties will need to act soon.
This uptick in investing likely has a lot to do with word spreading about TG casino unique selling point of being a telegram casino bot. Crypto casinos are growing but are still not as trusted as traditional online casinos. What better way to win over people than p[partnering with an app best known for its strict security and privacy features?
That is what TG.Casino will have with Telegram. The fact that the casino will be accessible to anyone with the Telegram app also gives it a potential audience much bigger than most crypto casinos. The added benefits don’t stop there either as the famous Telegram bots will make sure users’ experience is as streamlined as possible.
TG.Casino has promised a commitment to their customers that we think will also draw in players. Every day, they will use a portion of their profits to purchase open market $TGC. 40% of these tokens will be burned, which creates scarcity, and in return, more value to purchased and staked tokens. The other 60% will go towards casino rewards such as loyalty bonuses.
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Bitcoin and Solana may reignite ‘Uptober’
The term ‘Uptober’ is a fun reference to the fact that October is normally a successful one for the crypto market as a whole, but especially Bitcoin (BTC). It looked like history was not going to repeat itself until this week when Bitcoin pumped out of nowhere and helped drag Solana (SOL) and other altcoins with it.
Some experts have hypothesized that if Bitcoin can sustain a price above the $ 29,000k mark, it may be able to drag the market out of the bearish conditions.
Solana’s good performance seems to have come out of nowhere so this forecast may be right. Bitcoin, of course, has an upcoming halving event around the corner in April 2024, which many are expecting will cause a price explosion.
BTC has some underlying statistics that show its growth might be for real. For example, it now is above the 50% market when compared to the entire crypto market cap for the first time since June of this year. Solana, we are less sure of. It has been a rough period for altcoins, and we need to see more consistency before we recommend it as a good purchase.
Conclusion
So while Bitcoin soldiers on and may single-handedly drag us out of bearish conditions, the presale market is looking much more appealing. The three presale coins we have included above all have the unique properties it takes to not only pump once listings begin but be long-term successes too