8 Best Cryptocurrency Presales to Invest in December 2024

Cryptocurrency presales offer investors a chance to buy new tokens before they start trading on exchanges. By identifying and investing in the right presale coins, cryptocurrency enthusiasts can capitalize on potential growth.

In this guide, our experts at ReadWrite highlight the best crypto presales to invest in for 2024, providing insights into each project’s potential. We also outline our methodology and criteria for evaluating these presale projects, ensuring a comprehensive and reliable assessment, and offer tips on finding the best crypto presales.

  • Hold $WEPE to get access to Wall Street Pepe's exclusive trading insights and signals
  • Become a trading alpha and join the Wepe Army
  • Earn even more by submitting your best trades and staking $WEPE
Project Launched
November 2024
Meta
Meme
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Stake all the top meme coins on one platform
  • Earn staking APY of over 5,000% for staking $STARS
  • $STARS holders get 3x the rewards
Project Launched
August 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Enjoy super low transaction fees in the Best Wallet ecosystem by holding $BEST
  • Best Wallet users get early access (and the lowest price point) to the Best Wallet Token presale
  • Have a say in the Best Wallet roadmap by voting on Governance proposals
Project Launched
November 2024
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Cat themed meme coin here to dethrone the top dogs
  • Stake $SLAP tokens to earn high rewards
  • Fair launch straight to DEX meaning everyone has access
Project Launched
November 2024
Meta
Meme
Purchase Methods
  • USDT
    USDT
  • Debit
    Debit
  • ETH
    ETH
  • Innovative Vote-to-Earn protocol where users can vote on the projects direction and earn $FLOCK
  • Decentralized meme coin puts power back in the hands of the community
  • Earn a huge ROI by staking $FLOCK tokens
Project Launched
September 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Pepe Unchained - the first meme crypto project running on its own Layer 2 blockchain
  • Viral presale has raised $11 million with staking rewards currently at 175% APY for early investors
  • $PEPU's Layer 2 blockchain means reduced operational costs, faster speeds, and lower fees
Project Launched
June 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • BNB
    BNB
  • +1 more
  • 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
  • First decentralized meme coin index with community governance
  • Invest in four different meme coin baskets depending on your risk tolerance
  • Meme coin with serious staking rewards and yield farming options
Project Launched
December 2024
Meta
Meme
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • Debit
    Debit
  • USDT
    USDT
  • +1 more
  • Collect POKE characters in this Pokemon-style game
  • Tap-2-Earn mechanics let you play and earn $POKE
  • Integrated with Telegram for easy access
Project Launched
November 2024
Purchase Methods
  • USDT
    USDT
  • TON
    TON
  • Layer-2 Solution for Dogecoin blockchain with huge staking rewards
  • Bridge instantly from Ethereum to Dogecoin with cheap transaction fees
  • Meme coin bringing DeFi to the Dogecoin universe
Project Launched
November 2024
Meta
Meme
Purchase Methods
  • ETH
    ETH
  • Tether
    Tether
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Invest in luxury rental cars from prestigious brands like Lamborghini, Ferrari, and Mercedes-Benz
  • Earn monthly rental income in USDT, paid on the first of every month
  • Dreamcars is the first Web3 platform where you can buy, sell, and trade shares in supercars starting at just $10
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • World's first crypto payment protocol that integrates efficiently with card machines, making crypto payments widely accessible.
  • Through a user-friendly payment APK, SpacePay lets customers buy with crypto while allowing merchants to receive funds in their local fiat.
  • SpacePay's native governance token, SPY, gives holders access to airdrops, exclusive features, as well as voting rights and quarterly connect webinars.
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • AVAX
    AVAX
  • BASE
    BASE
  • BNB
    BNB
  • Debit
    Debit
  • USDC
    USDC
  • Matic
    Matic
  • +5 more
  • State-of-the-art crypto project allowing users to predict F1 racing outcomes to earn rewards.
  • Early presale investors can stake-to-earn tokens with dynamic rewards currently over 6,800% p/a.
  • 40% of total supply (2.5Bn) is allocated to the presale, with over $140k raised already.
Project Launched
June 2024
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Stake $LHUNT and earn a portion of every LuckHunter casino transaction from the Co-Owner Pool
  • Enjoy reduced fees on transactions, withdrawals, and in-game purchases on the LuckHunter Casino
  • Holders can get early access to new games, exclusive features, and premium events
Project Launched
September 2024
Meta
Gambling
Purchase Methods
  • ETH
    ETH
  • Tether
    Tether
  • BNB
    BNB
  • Matic
    Matic
  • Debit
    Debit
  • +2 more

Top Crypto Presales to Buy in December

Top Crypto Presales in 2024 Why They’re Important
Wall Street Pepe ($WEPE) Best meme coin for getting access to trading signals and staking yield
Crypto All-Stars ($STARS) Among the top crypto presales and a pioneering staking platform for all meme coins
Best Wallet Token ($BEST) New crypto presale offering multi-chain wallet token and high staking APY
Catslap ($SLAP) Community-centric meme coin that launched with $1 million market cap
Flockerz ($FLOCK) DAO-based project with a unique Vote-to-Earn (V2E) crypto project
Pepe Unchained ($PEPU) Top crypto presale on Layer-2 blockchain with fast, secure, and low-fee transactions
SpacePay ($SPY) Crypto presale by fintech startup revolutionizing payments with blockchain technology
Race to a Billion ($RACE) Decentralized platform for predicting virtual race outcomes and earning crypto rewards

Reviewing the Top 8 Cryptocurrency Presales

Our crypto experts considered the following factors when selecting presales for this list:

  • Crypto whitepaper and roadmap
  • Tokenomics
  • Market demand and price potential
  • Utility
  • Popularity and social presence
  • Regulatory compliance and security measures

Let’s take a closer look at our top cryptocurrency presale picks:

1. Wall Street Pepe ($WEPE) – Best Meme Coin Presale Has Raised Over $3 Million in a Week

What Makes Wall Street Pepe's Presale Stand Out?
  • The presale has raised more than $3 million in just a week
  • The $WEPE token can be used to get access to trading signals and strategies
  • Stake $WEPE to get an APY of up to 166%

Wall Street Pepe logoWe have picked Wall Street Pepe ($WEPE) as one of the best crypto presales to watch in 2024. This is a revolutionary meme coin that allows token holders to access trading signals and high-staking rewards.

Network Ethereum
Funds Raised During Presale $3.2 million+
Total Supply 200 billion
Current Price $0.000206

All $WEPE token holders can access trading signals, strategies, and alpha calls from the Wall Street Pepe ecosystem. At the time of writing, $WEPE is priced at just $0.000206 per token. Notably, this new meme coin has raised over $3.2 million in just one week of launch.

From a total supply of 200 billion tokens – 40 billion are being allocated to the presale. Another 24 billion tokens will be distributed through staking rewards. At press time, $WEPE can be staked to generate an annual yield of up to 166%. Over 4.8 billion tokens are already locked on the ecosystem.

To ensure Wall Street Pepe can become a global hit – the project has also allocated another 38% of the supply for marketing strategies. To know more about the project, read the Wall Street Pepe whitepaper and join the Telegram channel. It’s also important to note that WEPE took the #1 spot on our list of cryptos with the most potential

2. Crypto All-Stars ($STARS)- Crypto Presale to Triple Your Rewards Staking Meme Coins in One Platform

What Makes Crypto All-Stars' Presale Stand Out?
  • Stake all the top meme coins in MemeVault
  • $STARS holders can get a 3x APY boost in earnings when staking meme coins
  • Presale has raised over $6.4 million so far

crypto all stars best presale

Crypto All-Stars ($STARS) is one of the newest crypto presale projects to hit the meme coin scene. With its innovative “MemeVault” staking protocol, it aims to bring together the best meme tokens in a single staking platform, making it one of the top new cryptos today.

Network Ethereum
Funds Raised During Presale $6.4 million+
Total Supply 42 billion
Current Price $0.0016319

Developed using the ERC-1155 token standard, MemeVault allows for multi-chain and multi-token staking.

When launched, investors will be able to stake the most popular meme coins, such as Doge, Pepe, and Shiba, in one place. In return, they will be rewarded with $STARS, the project’s native token. Staking $STARS will give holders an additional 3x APY boost in their vaulted tokens.

The presale for Crypto All-Stars has raised over $6 million. The $STARS token is currently priced at $0.0016189, but is predicted to reach $0.0117 by the end of this year.

3. Best Wallet Token ($BEST) – New Crypto Presale Offering Multi-Chain Wallet Token and High Staking APY

What Makes Best Wallet Token's Crypto Presale Stand Out?
  • Exclusive early access for Best Wallet users
  • Governance voting rights for ecosystem development
  • Presale has raised over $1 million so far

best wallet token crypto presale

Another new crypto presale to watch out for is the Best Wallet Token ($BEST). It’s the native token of Best Wallet, a popular crypto wallet that offers a secure, multi-chain, non-custodial experience.

Network Ethereum
Funds Raised During Presale $1.2 million
Total Supply 10 billion
Current Price $0.02285

The token combines advanced security features with practical utility, offering lower transaction fees and exclusive access to vetted presales through its Upcoming Tokens portal. The mobile-first design makes it user-friendly for both new and experienced crypto enthusiasts.

The platform has an airdrop program with over 7,000 participants who have completed 75,000 quests. $BEST is currently in its presale phase, where early buyers can buy $BEST for just $0.02285 per token (early access through the Best Wallet app). To learn more about this project, check out our guide on how to buy Best Wallet token, as well as our Best Wallet price prediction

4. Catslap ($SLAP)- Cat-Inspired Meme Token With Global Community Game

What Makes Catslap's Presale Stand Out?
  • No presale; instead had a fair launch with a direct DEX listing
  • Launched with $1 million market cap
  • Current valuation of over $10 million

CatSlap-Logo

Catslap ($SLAP) is a trending cat-themed meme coin that actually did not have a standard token presale but had a fair launch and straight to DEX listing. This played to the project’s advantage as its native cryptocurrency, $SLAP, had a $1 million market cap when launched.

Network Ethereum
Funds Raised During Presale N/A
Total Supply 9 billion
Current Price $0.00239459

Following a strong initial performance, Catslap aims to outperform other popular cat-themed tokens like $MOG, $MEW, and $POPCAT by leveraging the current 2024 meme coin rally.

Catslap also engages its community through its simple but addictive slapping game. With a global leaderboard, the slapping game allows players to compete with any user worldwide since you don’t need to own $SLAP to play.

Although there aren’t any means of earning $SLAP through the Slapcat community game, a potential P2E slapping game could be created as 10% of the total token supply is reserved for community rewards.

For more information, read the Catslap whitepaper and join the Telegram channel for the latest news.

5. Flockerz ($FLOCK) – A Revolutionary Vote-To-Earn Crypto Project That Could Redefine Decentralization

What Makes Flockerz' Crypto Presale Stand Out?
  • Promotes decentralization
  • Unique Vote-to-Earn (V2E) mechanism
  • Currently offering a staking APY of 642%

flockerz best cryptocurrency presale

Flockerz ($FLOCK) is a new presale token and a DAO project whose goal is to redefine decentralization. To accomplish that, its developers use a revolutionary Vote-to-Earn (V2E) mechanism, which allows token holders to decide on key project developments, new features, token burns, and expansion plans in the DAO, called Flocktopia.

Network Ethereum
Funds Raised During Presale $3 million+
Total Supply 12 billion
Current Price $0.006175

Holders can also earn $FLOCK tokens as a reward for their contribution. In addition to that, early investors will be able to stake their tokens for an APY that currently amounts to 669%.

This project has a total supply of 12 billion tokens that will be strategically distributed. 20% will be reserved for the presale, 25% for staking, 25% will be stored in the DAO vault, 20% will go to marketing, and 10% to liquidity. The $FLOCK token currently trades at $0.006175

6. Pepe Unchained ($PEPU) – New Crypto Presale on Layer-2 Blockchain With Fast, Secure, and Low-Fee Transactions

What Makes Pepe Unchained's Crypto Presale Stand Out?
  • Double staking rewards thanks to its use of Layer 2
  • Offers low gas fees and fast transactions
  • Has raised over $50 million

pepe unchained best crypto presalePepe Unchained ($PEPU) is a top crypto presale that has already raised over $50 million since its launch in June 2024. This meme coin is built on its own Ethereum Layer 2 (L2) blockchain. Combining the fun of meme tokens with real utility and incentives, Pepe Unchained offers fast transactions and low fees through its Layer 2 technology.

Network Layer 2
Funds Raised During Presale $55 million+
Total Supply 8 billion
Current Price $0.01295

$PEPU, the native token, offers higher scalability, reduced gas fees, and fast transaction times. This is because L2 blockchains offload transactions from the main chain to increase efficiency. Therefore, token holders don’t have to pay exorbitant gas fees.

The reduced operational costs also allow Pepe Unchained to offer dynamic staking rewards to token holders, with a current APY of 60%.

For more information about Pepe Unchained, make sure to go through the project’s whitepaper and join the Telegram channel.

7. SpacePay ($SPY) – Crypto Presale by Fintech Startup Revolutionizing Payments With Blockchain Technology

What Makes SpacePay's Crypto Presale Stand Out?
  • Raised over $600K
  • Compatible with 325+ wallets
  • Set to launch with availability in 9 countries

spacepay best crypto presale

SpacePay ($SPY) is a decentralized protocol leveraging blockchain technology to revolutionize traditional payment systems, offering enhanced security, transparency, and efficiency.

Network Ethereum
Funds Raised During Presale $627K
Total Supply 34 billion
Current Price $0.002254

Its developers plan to integrate a user-friendly software into the existing card machines that will support 325+ crypto wallets. This terminal-agnostic payment protocol will launch on 4.5 million devices.

$SPY token holders will be able to earn rewards through monthly airdrops, vote on changes, and gain access to premium features and services. They’ll also earn a share of the platform’s revenue. The $SPY token has a capped supply of 34 billion, of which 20% will go towards the presale. Its current price stands at $0.002254.

8. Race to a Billion ($RACE) – Decentralized Platform for Predicting Virtual Race Outcomes and Earning Crypto Rewards

What Makes Race to a Billion's Crypto Presale Stand Out?
  • Bet on virtual races to earn $RACE
  • Raised over $200K
  • Staking rewards come with an APY of 3,002%

race to a billion best crypto presale

Race to a Billion ($RACE) is a decentralized platform that merges blockchain technology with sports prediction mechanisms. In other words, it enables its users to earn rewards by predicting the outcomes of virtual races.

Network Ethereum
Funds Raised During Presale $200K+
Total Supply 2.5 billion
Current Price $0.00817

$RACE token holders will be able to use their coins to enter new races, trade on the open market, and claim rewards. At the same time, those who buy the tokens during their presale will get to stake them for an APY that currently stands at 3,002%.

What makes this top crypto presale project exciting is its use of smart contracts to manage virtual races, entries, and results, ensuring transparency, security, and automation.. The $RACE token has a total supply of 2.5 billion, of which 40% will go towards the presale, while 20% will go towards staking. Its present price amounts to $0.00817.

How to Pick Which Crypto Presale to Invest in – Our Methodology

New token sales launch almost every day. How can investors decide which is best, and what makes a presale explode?

We’ll cover some main points to consider when evaluating presale crypto tokens.

Crypto Whitepaper and Roadmap

The first thing we looked at when analyzing a token’s presale was 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 covering key items and offering crucial information. At the same time, the roadmap will tell an investor exactly how and when it plans to get there.

btcmtx roadmap

Tokenomics

The next thing we looked at was the tokenomics of the project. Analyzing tokenomics involves studying the economic model behind a cryptocurrency, including factors like its valuation, supply and demand dynamics, utility, incentives, and governance structure. This helps in understanding how these elements work together to influence the token’s long-term viability and potential for growth.

Over time, a cryptocurrency may depreciate if its supply is excessive and surpasses demand. It is important to understand how tokens will be distributed to key areas such as marketing, upcoming ICOs, and liquidity.

Market Demand and 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.

We took a close look at the demand for these coins to get a sense of how popular they are, since that can play a big role in understanding a project’s potential price growth.

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.

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 to 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 and Social Presence

A good way to gauge a 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.

Factors to consider include the number of followers on social media platforms (such as X), the number of unique wallets that have been purchased during a presale, analysis on social media, and the involvement of crypto influencers discussing a token.

Regulatory Compliance and Security Measures

When evaluating a crypto project, it’s important to make sure that it complies with regulatory requirements in its operating regions, checking for any legal risks that might impact its future. This includes determining whether the project adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, which can indicate a strong commitment to regulatory compliance.

Security measures are another critical aspect to consider. Verify if the project’s smart contracts have been audited by reputable third parties, as security audits can identify vulnerabilities and build trust. It’s also important to assess the security protocols in place to protect against hacking and other cyber threats, ensuring robust protection for user data and funds.

We looked at all of these things and more while finding the best presale cryptos of 2024.

What Is a Crypto Presale?

A crypto presale is a type of initial coin offering (ICO) where new crypto projects sell their tokens directly to investors without involving a crypto exchange, unlike initial DEX offerings (IDOs) and initial exchange offerings (IEOs). These presales use their own platforms for early investors to buy tokens at a fixed price before the tokens are listed on exchanges.

Presales Achieve Two Main Goals: They allow projects to raise funds without incurring listing fees or sharing profits with exchanges, and they generate hype and demand for the token through extensive marketing efforts. Typically open to the public, presales can also include private sales for insiders and institutional investors, although these are sometimes labeled differently.

How Do Crypto Presales Work?

Crypto presales generally follow a typical format. The development team of a new project decides on the number of tokens to allocate for the presale and sets the price. Presales can offer tokens at a single price or divide the sale into stages with varying prices and quantities of tokens.

There are usually two caps in a presale: a soft cap and a hard cap. The soft cap is the fundraising target the project aims for, while the hard cap is the maximum number of tokens available for purchase.

Once the structure is determined, the team sets up a presale platform, typically a website with an embedded smart contract controlling the token allocation. Investors connect their crypto wallets to this platform to buy tokens, often exchanging ETH, USDT, BNB, or other cryptocurrencies. Some presales also offer instant purchases of USDT via credit or debit cards.

After purchasing, investors must wait for token release, which usually occurs at the end of the presale, before the tokens list on exchanges. Investors then reconnect their wallets to the presale platform to claim their tokens.

Pricing Models in Crypto Presales

Crypto presales use several pricing models, with the most common being tiered pricing, fixed pricing, and whitelisting with set allocations. Here’s a closer look at each approach:

Tiered Pricing

Tiered pricing structures increase the token price in stages, incentivizing early investment. For example, at the time of writing, Flockerz‘ price is $0.0061504 but this will increase after 2 days.

The number of pricing stages can vary, with some coins having over thirty presale stages. This method rewards early buyers with lower prices and drives urgency as prices rise with each stage, fostering early momentum and funding for the project.

Fixed Presale Price

In a fixed price presale, tokens are sold at a constant price throughout the sale period, with a defined hard cap. The presale concludes once all tokens are sold or the hard cap is reached. This model ensures transparency and simplicity, as all participants buy tokens at the same price, regardless of purchase timing.

Whitelist Presale With Set Allocation

Whitelist presales require you to qualify for a whitelist to receive predetermined token allocation. For example, joining a whitelist on a crypto launchpad might involve completing specific tasks or holding certain tokens. Whitelisted participants can then buy a set number of tokens at a fixed price before the public sale begins, ensuring early access for first supporters.

Are Crypto Presales a Good Investment?

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

Upside Potential

Crypto presales offer huge potential, as they enable investors to buy low-cap crypto tokens before they become available to the wider market. For example, if a new cryptocurrency experiences success like Bitcoin did, 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 a new crypto presale instead of waiting until new tokens list on exchanges is that the former typically offers discounted pricing.

Some 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 exclusively available to a project’s early backers. There are several forms these rewards can take, including:

  • Higher APY rates for staking tokens. For example, Pepe Unchained currently has an APY of 62%.
  • First access to a new NFT collection.
  • Beta access to Play-to-Earn games or other features.
  • Token or NFT airdrops. Best Wallet, for instance, rewards users with $BEST tokens for participating in “quests.”

These rewards often have monetary value or allow investors 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 Find New Cryptocurrency Presales

There are many ways that investors can find new crypto presales. Here are 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 them. Examples include sites like CoinSniper, ICO Drops, and PinkSale, which usually provide basic details about each presale and direct links to the presale platforms.

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 cryptocurrency presales. Most projects have social-savvy developers who promote their token on X, Reddit, YouTube, TikTok, and other channels. 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 updates on its 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. 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/YouTubers like Jacob “Crypto” Bury and Crypto ZEUS have excellent track records of picking winning projects.

Beware that many crypto influencers may have invested in those projects, but that’s not necessarily always the case.

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 may not carry through after the 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, such as Binance.

In that case, presale investors may sell their tokens once the project lists. This creates a spike in supply while the demand is down. Flooding 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.

Delayed Token Release

Most projects release tokens purchased during a crypto 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. However, 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. They 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.

Are Crypto Presales Legal?

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

The main question around crypto presales is whether the sold tokens are securities. This is especially uncertain in the U.S. However, with Donald Trump back in office and his strong backing of crypto, things could start to get clearer soon.

Unless there is a change in the regulatory landscape, crypto presales are considered legal by many project founders and crypto analysts. However, every new investor should be careful and seek advice from legal experts to ensure compliance with all applicable laws and regulations. While the legality of crypto presales may be uncertain, they can be conducted with proper precautions and careful planning.

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 Wall Street Pepe 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 Best Wallet, a secure non-custodial wallet. To get the Best Wallet app, simply visit the website and download the wallet app on your 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.
  • Step 2: Buy ETH, BNB or USDT

    Investors must have BNB/ETH/USDT to purchase $PEPU tokens. They can purchase these tokens from a centralized exchange using fiat, including bank transfers and credit cards. Once an investor purchases ETH, BNB or USDT, they can send it to their Best Wallet.
  • Step 3: Connect to the Presale Platform

    Visit Wall Street Pepe’s presale platform and click on “Connect Wallet.” Follow the prompts to authorize the connection to Best Wallet.
  • Step 4: Buy $PEPU

    Enter the amount to invest in USDT, BNB or ETH. Select the ‘Buy’ option.
  • What Follows a Crypto Presale

    After a crypto presale concludes, he project team starts distributing the purchased tokens to presale participants, ensuring they are transferred to investors’ wallets. Following this, efforts are concentrated on listing the token on various cryptocurrency exchanges.

    Securing listings on major exchanges like Binance or Coinbase can greatly enhance the token’s liquidity and market visibility.

    Decentralized Exchanges (DEXs) Initial Offering

    Decentralized Exchanges (DEXs) are generally tailored to handle tokens from one or a few specific blockchains due to technical and compatibility constraints. Each blockchain operates on its unique protocol, making it challenging to manage tokens across multiple chains.

    Consequently, DEXs are often designed to support tokens native to the blockchain on which they are built.

    Centralized Exchanges (CEX) Initial Offering

    On the other hand, listing on a centralized exchange (CEX) is a significant milestone in a token’s roadmap. It greatly enhances the token’s visibility and provides necessary liquidity, often boosting its value. However, achieving a CEX listing is challenging due to stringent vetting processes, high listing fees, and strict regulatory and security requirements.

    What You Can Do After Acquiring Presale Tokens

    After purchasing crypto presale tokens, there are several things you can do:

    1. Monitor Listing Announcements – Stay informed on project announcements regarding the token’s listing on exchanges. Knowing the listing date and platform enables you to plan your trading strategy effectively.
    2. Join Community Channels – Engage with community channels like Telegram, X or Discord that provide insights into the project’s progress and future developments.
    3. Explore Staking Programs or Utility Features – Check the project’s whitepaper or official announcements for details on staking rewards and other utilities.
    4. Sell for Profit or Hold for Long-Term Strategy – You can sell your tokens immediately when they are listed on CEX/DEX or hold them long-term in order to sell them at a higher price.
    5. Contribute Tokens to a Liquidity Pool – Provide liquidity by contributing your tokens to a liquidity pool to potentially earn on transaction fees.
    Methodology
    How We Review Cryptocurrencies

    It’s important that our readers can make an informed decision by receiving impartial, accurate, and transparent information about high-risk assets like cryptocurrencies. Therefore, we cover every angle imaginable using 12 different criteria, some of which include:

    • Legitimacy and Compliance – We guide users through the cryptocurrency market, focusing on safe, legitimate investments in vetted projects and reliable operators that comply with all legal and regulatory requirements.
    • Project Team – We analyze and rate cryptocurrency projects to help users find secure investments, focusing on team experience and legitimacy.
    • Price Potential – We assess cryptocurrency price potential based on market capitalization and growth opportunities.
    • Liquidity and Trading Volume – We prioritize cryptocurrency projects with at least one real-world use case, where the token serves a function beyond financial speculation.
    • Community and Support – We evaluate the size and strength of cryptocurrency communities by analyzing their social media presence, engagement levels, and activity on platforms like Telegram and Discord.
    • Risks and Ethics – We evaluate cryptocurrency risks, from stable projects to volatile, high-potential ones, while also considering ethics, avoiding discriminatory or misleading projects.

    Crypto assets are highly volatile, driven by speculation and hype, making it hard to spot the next big project. That’s why reviewing cryptocurrencies is crucial to ReadWrite.

    1500+

    Cryptocurrencies

    12

    Key Criteria

    500+

    Research Hours

    10+

    In-House Experts

    What’s the Best Crypto Presale to Invest In?

    Choosing the best crypto presales to invest in can take time due to the uncertain nature of some of the projects. Cryptocurrency 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.

    However, it is important to always conduct thorough research before investing in any project.

    We recommend Wall Street Pepe ($WEPE) as the best new crypto presale. This is a Pepe-themed meme coin that offers staking rewards and trading signals to token holders.

    FAQs

    What is a crypto presale?

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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.

    Gaurav Roy
    Editor

    Gaurav is a skilled writer and content expert who has collaborated with companies and individuals worldwide. While he specializes in the crypto and iGaming industries, he also writes for sectors like eCommerce, artificial intelligence, clean-tech, and various technology-specialized websites. To date, he has contributed his insights to more than 50 businesses and news sources, such as Ledger, Energent Media, Coin Market Cap, Shyft Network, and Venture Beat. Gaurav holds a digital marketing certificate from Brandveda and is a Google Ads-certified marketer. In his leisure time, he blends imagination and technology to create engaging doodles using AI.

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