The Web3 market is experiencing a surge in crypto liquidations ahead of the $23 billion options expiry in Bitcoin (BTC) and Ethereum (ETH) on September 26.
The top two cryptocurrencies have declined to their multi-week lows amid uncertain global macro sentiment. In the US, the odds of a government shutdown have increased significantly, raising concerns about another market correction.
Despite this volatility, cryptocurrencies as an asset class continue to gain global legitimacy. In a remarkable move, Australia is currently developing a draft of legislation that would bring crypto operations under the country’s existing financial services laws.
As the fundamentals of the broader Web3 space continue to strengthen, smart money investors are now piling into early-stage tokens during a market lull ahead of the next crypto bull run.
With that in mind, we’ve reviewed three of the top crypto presales to invest in before the market’s expected Q4 recovery.
Bitcoin Hyper
Topping our list is Bitcoin Hyper (HYPER), a Layer-2 (L2) solution for Bitcoin, with a vision to make BTC truly programmable for the first time.
While projects like Rootstack and Optimsim are actively working to make Bitcoin scalable, no one has yet been able to unlock the full programmability of the coin. To address this, Bitcoin Hyper will leverage the Solana Virtual Machine to provide BTC with a fast, highly agile L2 solution.
This idea is resonating with investors, with Bitcoin Hyper’s presale being one of the most active fundraising events in crypto, having already raised over $18 million.
Hyper is developing a Canonical Bridge that seamlessly connects to Bitcoin’s base layer. You can simply send your original BTC using this layer to receive wrapped BTC (wBTC) in return. This wBTC can then be used for practical use cases like DeFi, gaming, NFTs, and more.
The entire process is non-custodial, meaning Hyper does not control your original BTC, so you can choose to withdraw your funds at any time.
The project’s native HYPER token will power all the transactions on the L2, unlocking near-zero gas fees on Hyper’s network. The token will also offer high staking rewards and exclusive governance rights to its holders.
You can buy HYPER for $0.012975 and stake your holdings for an annual return of up to 64%.
Snorter Token
Snorter Token (SNORT) is another rising star in the crypto space, having surpassed $4 million in its presale just three weeks ahead of its exchange listing on October 20.
Investors are optimistic about the token’s future because of its utility within the Snorter Bot ecosystem. Snorter Bot is an upcoming trading solution on Telegram that lets you buy or “snipe” trending new tokens in under a second of their launch. It’s worth noting that holding SNORT will unlock unlimited snipes for users.
The bot’s Solana-powered technology helps it execute these fast swaps at low fees. For context, users holding SNORT just need to bear a cost of $0.85% per trade. But this rate is exclusively available for users holding SNORT, as the default fee for non-holders is 1.5% per trade.
In addition to this, Snorter Bot lets you discover or “sniff” new tokens by scanning liquidity pools across both Solana and Ethereum before they go mainstream. The bot is also equipped with a best-in-class security tool that flags suspicious or scam tokens before you place a buy order.
Buyers can grab SNORT for just $0.1055 each and stake the tokens for a high APY of up to 115%. However, the window to lock in these rates is short, as Snorter Token presale ends in just over three weeks.
Maxi Doge
Maxi Doge (MAXI) is a popular new meme coin positioning itself as the final evolution of the Shiba Inu dog meme.
The meme coin’s presale has already raised over $2.5 million relatively quickly, as its “redemption arc” story resonates with the crypto community. The narrative revolves around Maxi Doge’s mission to come back stronger after being overshadowed by his older cousin, Dogecoin (DOGE).
Maxi Doge now aims to follow the path set by DOGE, and possibly even outpump its predecessor through its degen-focused narrative.
With that vision in mind, the MAXI token is offering more utility than Dogecoin did in its early days. For instance, the project has set aside 25% of its token supply to build partnerships with futures platforms and host trading contests for MAXI holders.
Listing on futures exchanges could allow MAXI holders to trade the meme coin with up to 1000x leverage, reflecting the mascot’s risk appetite. Meanwhile, trading competitions will keep the community vibrant and active, giving holders more reason to engage on a daily basis.
You can purchase MAXI for $0.000259 and stake your tokens for an annual reward of 133% during the ongoing presale.
