Top 3 Crypto Presales to Watch for in March 2023
Crypto pre-sales are fundraising events where budding web3 projects sell some of their tokens at relatively low prices. The funds obtained are used to support the further development of the project.
Crypto pre-sales are fundraising events where budding web3 projects sell some of their tokens at relatively low prices. Funds raised are used to support the further development of the project. Therefore, crypto pre-sales are seen as a great way for investors to get in early on budding projects. Users can buy tokens with growth potential at lower prices and enjoy potentially handsome gains in the future.
As such, most crypto investors are always on the lookout for promising pre-sale projects. Fortunately, given the growth of the crypto space, there are always pre-sales running every month. Here are three crypto presales to watch out for in March 2023.
Metacade (MCADE)
Metacade is the world’s first blockchain-based, community-led, play-to-earn (P2E) arcade. Built on the Ethereum network, it allows users to earn crypto by playing arcade games and performing simple tasks, such as writing reviews or giving gaming advice on the platform. The platform is expected to host a number of different games and leaderboards where users can earn crypto. The platform will also have forums, live chat and much more that will keep the gaming community connected and engaged.
The project’s advance sales are also gaining momentum. It has already gone through five pre-sale stages, raising more than $9 million in just a couple of months. The project is currently in its sixth presale stage with tokens priced at $0.017. However, only 13 percent of tokens remain at this stage, and they are quickly sold out. Once stage 6 is finished, token prices will increase to $0.0185 in stage 7 and $0.020 in stage 8.
Metropolitan (METRO)
Metropoly is another innovative project making headlines these days. When launched, the project will allow users to own property for as little as $100. This is made possible through the use of fractional NFTs where an asset is tokenized and divided into several smaller NFTs. Investors who buy these NFTs will receive a passive income through monthly rental payments. Users can also acquire 100 percent ownership of the shared NFTs and move into the property.
In short, Metropoly allows investors to participate in the burgeoning real estate market without needing millions of dollars to buy a home. Moreover, it provides investors with a hassle-free passive income. As such, the project has burned through eight pre-sale rounds. Currently, Metropoly is in its 9th presale phase, with 1 METRO token priced at $0.0625. At the time of writing, the project had already reached 59 percent of its $1 million goal for this phase of the presale.
RenQ (RENQ)
RenQ bills itself as the world’s first multi-chain DeFi platform. It is a community-driven platform that aims to connect the various blockchains and establish a network for the exchange of assets across chains. The platform will also act as a non-custodial, decentralized exchange, allowing users to trade assets directly from the RenQ wallet app. These features have created significant demand for RenQ’s pre-sales.
The project sold $100,000 worth of RenQ tokens on day one of the first presale phase, which launched on February 7. With token prices at $0.020, the first phase of the presale sold out fairly quickly. The project reached its goal of $690,000 by February 19th. Later, RenQ has opened stage 2 of the presale, with tokens for sale at $0.025 and a target of $2.35 million. Those looking to jump on the presale will have to hurry with 80 percent of the tokens already sold out. The price of one RENQ will increase to $0.030 in the next presale round. In total, RenQ plans to have eight presale stages, with prices rising to $0.055 in the final presale round.
Conclusion
Pre-selling crypto is a great way for investors to support a project from the early days. It allows users to buy large amounts of tokens at relatively lower prices. If the project shows promise, the token price will rise, providing handsome returns to pre-sale investors. However, the crypto market is highly volatile and even the most promising projects can see price drops. Therefore, it is extremely important to do your own research and only invest as much as you can afford to lose completely.
