The 8 Best Crypto Presale Tokens to Invest in 2024

Identifying the next big winner in the cryptocurrency market is often an impossible task. However, this article on the best crypto presale tokens to invest in aims to help traders cut through the noise. It provides an overview of the most promising coin offerings happening right now, explaining the strengths and fundamentals of each new crypto projects token while also outlining how to invest in crypto.

While this article doesn’t claim to be a crystal ball into the future, it will be a useful guide for any investor who wants to avoid missing out on the likeliest best new crypto in the market to rally. Written after an exhaustive survey of crypto presales happening this year, it will help traders narrow down their searches as they look to make above-average profits.

The Best Crypto Presale Tokens to Invest in 2024

Our Top Crypto Presales Reviewed

What is a Crypto Presale?

A crypto presale is a time-limited event in which a new blockchain technology platform offers retail investors the opportunity to buy its native cryptocurrency before listing on crypto exchanges. The idea is to provide the public with an opportunity to buy a token at a discount, before listings on exchanges (potentially) pushes up the crypto presales price.

In return for this opportunity, a blockchain or cryptocurrency project is able to secure an investment of funds that can support its development and/or marketing. In this respect, a crypto presale is kind of like a funding round that a tech start-up might hold to finance its early growth.

The Different Types Of Best Crypto Presales Available

While crypto presales are more or less the same in the sense that they all offer the chance to buy cryptocurrencies early (and usually at a discount), there are several different kinds. These all come with their own advantages and disadvantages, and will therefore appeal to different kinds of investors.

Initial Coin Offering

An initial coin offering (ICO) is generally considered the standard kind of presale. With ICOs, a blockchain project usually sells its cryptocurrency directly to investors, who usually need to go to that project’s website and connect their software wallets to participate.

Being direct, ICOs have the advantage of cutting the costs that may come with using intermediaries (e.g. an exchange). As such, they may potentially make cryptocurrencies available at a lower starting price, although the flipside of this is that they may also lack some of the protections that come with holding a presale on a recognized platform

Initial Exchange Offering

An initial exchange offering (IEO) is much like an ICO, but with an important exception. Instead of a project selling their cryptocurrency directly, they host their presale on a centralized exchange (e.g. Binance, OKX, Huobi, KuCoin).

While IEOs may sell cryptocurrencies at a slightly higher price than ICOs (because the exchanges need to take their cut), they usually offer more protection. This is because a project needs to be approved by an exchange in order to hold an IEO, something which should guarantee a certain level of quality.

Initial DEX Offering

An initial DEX offering (IDO) is a presale held on a decentralized exchange (DEX). It’s therefore very similar to an IEO, although the absence of a centralized party may enable projects to sell their tokens at lower prices. On the other hand, IDOs may offer fewer protections than IEOs.

Initial Stake Pool Offering

An initial stake pool offering (ISPO) is a relatively recent type of presale that’s unique to the Cardano ecosystem. With ISPOs, users stake Cardano (ADA) in a new project’s staking pool, receiving that project’s native token in return. What’s interesting about this model is that users retain ownership over their staked ADA, and can usually withdraw it at any time.

How Does the Best Crypto Presale Work?

A cryptocurrency presale works by participants spending one kind of cryptocurrency to buy another kind of cryptocurrency.

This buying can be achieved in one of two or three ways. Either an investor goes to a project’s website and buys its native token there, usually by linking their cryptocurrency wallet (e.g. MetaMask) and transferring funds to the project. Or an investor goes to a platform – be it a centralized exchange, DEX or launchpad – and buys the new token that way.

Once the presale token has been purchased, investors will usually need to wait for the sale to finish before they can sell their new tokens on exchanges. There may be a vesting period that prevents buyers from offloading their coins for a predetermined period, although many presales will let investors sell their coins immediately upon exchange listings.

Why Crypto Presales Matter to Investors

Crypto presales matter to investors because they provide the opportunity to buy a new next big cryptocurrency before it becomes popular and potentially experiences significant gains.

Presales are a means of identifying new tokens with good potential, with launchpad platforms and exchanges often handpicking the most promising projects to showcase as presales. Additionally, participation in presales can often provide other benefits to investors, such as giving them governance rights, the ability to act as a validator/crypto miner of a network, or special rewards, prizes or discounts.

What are the Upsides to Investing in a Crypto Presale?

As mentioned above, presales can provide investors with a number of benefits and opportunities. These range from profit-related benefits to participation rights and privileges, as well as rewards and prizes.

Potential Profit

The biggest reason for investing in a crypto presale is to make profit, and to increase your chances of making above-average, market-beating profits. Because presales involve buying a coin at the very start of its lifecycle, they enable investors to buy a coin when it’s very cheap, and before it experiences its initial spurts of being one of the fastest growing cryptos.

Become More Involved in a Cryptocurrency’s Development and Ecosystem

Presales are often for governance tokens, which are cryptocurrencies that provide their holders with the ability to vote on governance proposals. This means participants in presales end up getting a say on what updates a particular blockchain and/or cryptocurrency receives, as well as on any business strategies, marketing campaigns or partnerships it undertakes. Presales can even enable participants to become validators of a project’s blockchains, which is particularly the case with proof-of-stake tokens.

Rewards and Prizes

One final upside to investing in crypto presales is that certain sales also provide investors with bonuses and rewards. This can involve the awarding of prizes such as limited-edition non-fungible tokens, as well as entry into raffles for physical luxury items.

How Safe are Crypto Presales?

Crypto presales are usually safe in terms of the protection of personal and/or financial data, with few reported cases of data theft.

That said, investors should do their research when buying presale tokens directly from a project. They should ensure that the project in question has a reputable team with experience and credentials, and they should ensure that the project’s website uses the HTTPS protocol, which provides data encryption.

How Do You Find the Best Crypto Presales to Invest in?

It’s not always easy finding the best crypto presales to invest in, but there are various rules of thumb that can be followed to increase your chances of identifying the most promising new crypto to invest in.

Check Crypto Databases

One of the main ways of finding the best crypto presales is to regularly check crypto and presale databases. This includes sites with dedicated presale listing sites. Such listing sites often rank and review presales, providing investors with some initial insight into the best ICOs and how promising a new project may be.

Check Launchpad Platforms

Similar to checking databases and listing sites, actual launchpads will also provide a fairly comprehensive list of current presales. This includes exchanges that hold their own IEOs such as Binance, OKX and Huobi, while it will also include token launchpads such as PinkSale and CoinSniper. Such platforms won’t include projects that are directly pre-selling their tokens themselves, however, so they may not be exhaustive.

Social Media And Online Forums

One simple way of discovering new crypto presales is to search social media platforms such as the Coinjournal Twitter for mention of them. While typing “presale” into network’s search bar may through up more than a few low-quality presales, it can also turn up some good presales that are generating considerable buzz and that may have been missed by listing sites and launchpads.

News Sites

News websites are another good source of info about new and potentially promising crypto presales. Such websites may often feature only the best crypto presale, while many have dedicated sections for press releases from many crypto projects that can often feature recently opened sales.

Do Your Own Research

It has become something of a truism in crypto (often repeated to obscure the fact that few investors actually do any real research), but doing your own research really is a good way of finding the best crypto presale.

What this means is that, once a crypto trader has come across what looks like an interesting presale, they should actually visit that presale’s website and look at all the available info it has published. Whitepapers should be read to determine the soundness of a project’s business model, as well as the decentralization and viability of its tokenomics.

On top of this, investors should look at a project’s team. If little or no information is available, and if team members have little in the way of past experience (that can be verified on external websites), then they may need to reconsider.

What About the Risks Involved With Investing in the Best Crypto Presales?

While crypto presales can often present exciting opportunities to make significant profits, investors need to be mindful of potential risks. Most of these relate to losing the value of your initial investment.

Rug Pulls

As sad as it may be, some presales are little more than thinly disguised rug pulls, with anonymous individuals launching a project simply to receive funds from hopeful investors, without any genuine intention of developing a serious platform or cryptocurrency. Worse still, some token creators may dump their holdings onto the market as soon as their token lists on the cryptocurrency exchanges, making a big profit while retail investors struggle to break even.

Business Failure/Price Declines

Even if a new project is launched with the best of intentions, it may still struggle to gain users and adoption. By extension, its native token may suffer gradual price declines as interest in its underlying platform wanes. This can happen even to even the best crypto presale projects with interesting ideas and products, something which investors need to be prepared for.

Where To Buy New Coins

While participating in a crypto presale is actually a fairly straightforward process, it can be intimidating for anyone who hasn’t done it before. Here’s a brief step-by-step outline of how to buy new coins, which in this case uses buying Chancer (CHANCER) as an example.

Step 1: Download a Wallet

The first thing to do is download a software crypto wallet, such as MetaMask, Trust Wallet or WalletConnect. These are among the most popular wallets in the sector, and they tend to be used by most presales. They can be downloaded for your computer’s browser by going to their respective websites.

Step 2: Buy Some Crypto

You will next have to buy some crypto and send it to your freshly downloaded wallet. Because most new tokens tend to run on either Ethereum or Binance Smart Chain, you will probably have to buy either ETH or BNB. That said, you can often buy presale tokens with Tether (USDT), but just make sure you get the version of USDT that runs on the presale token’s chain.

Step 3: Connect Your Wallet

To buy CHANCER, you will then need to go to Chancer’s website and connect your software wallet, such as MetaMask. In the case of Chancer, there’s a button which says ‘Connect Your Wallet’ in the top-right corner of the project’s homepage. Something similar can usually be found on most presale websites.

Step 4: Buy The Presale Token

With your wallet connected, you can then proceed to buy CHANCER. This involves choosing the amount of CHANCER you wish to acquire, although make sure you have another crypto in your wallet to cover the specified amount.

Step 5: Wait To Claim Your Crypto

Once you’ve bought your best crypto presale token, you will usually need to wait for the sale to end before tokens are actually sent to your wallet. In some cases there may also be a vesting period, which locks up tokens beyond the end of the presale.

Latest Best Crypto Presales News

AltSignals’s stage 2 presale quickly has passed 50% of its target amid a growth of interest in AI-powered trading tools.
Chancer presale has now raised more than $700,000, in a sign of its growing investor base.
Shiba Memu has raised over $800,000 in its presale, helped by Ripple’s positive result in its case with the SEC.
Metacade gains 65% from 2023 low as investors buy the dip.

Final Thoughts on the Best Crypto Presale Tokens to Buy

The best crypto presales offer investors an opportunity to identify and invest in new tokens before they list on exchanges and possibly rally big. They also enable participants to involve themselves more deeply in the development of a given platform, with many presales conferring governance rights and privileges.

While the quality of presales can vary widely, the sales identified in this article – such as Chancer, Metacade, Shiba Memu and Alt Signals – all boast the fundamentals and followings necessary for them to grow substantially in the future. So once they launch, they may end up joining the list of best cryptocurrencies to invest in general.

Methodology - How We Picked The Best Crypto Presales

In this article, we picked the best crypto presales by scouring through listing websites, launchpads and social media for the most interesting sales set to take place this year. We then subjected our longlist of potential presales to considerable probing and research, reading their whitepapers, checking out the histories and experience of their teams, and looking at their social media followings for early signs of traction.

Similar to how we test launched cryptocurrencies and blockchains, we also signed up for a project’s services and platforms where possible, in order to experience what they’re offering for ourselves. And by doing this, you can trust us when we say that we’ve gained a clear understanding of which are the more promising presales (which we’ve covered here), and which are less so.

FAQs

What are Crypto Presales?

Crypto presales are time-limited events in which investors have the opportunity to buy a new cryptocurrency before it lists on exchanges.

What is the Advantage of Presale Tokens?

The main advantage of presales is that they enable investors to buy new tokens at a big discount, before they experience significant rallies.

Are Presale Coins a Good Investment?

When chosen carefully, presale coins can be a very good investment, since the best can rise significantly once their sales have ended and they’ve listed on exchanges.

Are Crypto Presales ICOs?

While most crypto presales are initial coin offerings (ICOs), there are also different kinds of presales. These include initial exchange offerings (IEOs), initial DEX offerings (IDOs), and initial staking pool offerings (ISPOs).

Can You Make Money with Crypto Presales?

There is the potential to make significant profit with crypto presales. However, many presale coins are of low quality, and can decline considerably – and terminally – after listing on exchanges. As such, investors are always urged to do their own research before participating in a presale.