Top Ethereum ICOs and Presales to Watch Right Now
As the crypto bull market matures, interest in web3 start-ups naturally continues to grow, with investors looking to diversify funds to some top Ethereum ICOs and presales.
The simplest way to get involved, and ideally make money, in crypto is simply by buying and holding major tokens.
Bitcoin (BTC), last trading around $64,000, could well hit $100,000 this year. That’s thanks to a combination of tailwinds from spot ETF demand, the halving and Fed rate cuts.
Ether (ETH), despite regulatory uncertainty in the US, could also hit all-time highs above $5,000. ETH was last in the $3,300s.
So HODLing blue-chip cryptos could deliver decent gains this year.
Investors and traders have also increasingly been turning their focus to smaller, lesser-known altcoins and meme coins this year.
Blockchains like Solana and Avalanche have seen big price run-ups, driven in part by surging meme coin trading activity.
But one often overlooked way to make a good return in crypto is by investing in web3 start-up presales.
A presale is where an up-and-coming web3 project that needs to raise funds for development launches an ICO.
These tokens are usually offered at a very favorable valuation, handing early presale investors the chance to make 100x gains.
Of course, that’s assuming that the web3 project delivers on its vision. Presale/ICO investing is, of course, very risky, much like traditional start-up investing is.
Ethereum remains the blockchain of choice for web3 start-ups to launch their tokens. That’s because Ethereum remains the most liquid and widely used of all the major blockchains.
That being said, here are some of the top Ethereum ICOs and presales to watch right now.
Innovative DeFi protocol Umoja, which allows traders to tokenize their
