5 Most Successful Crypto Presales Ever, And How To Identify The Next Most Promising

When it comes to investing in digital assets, presales are one of the most popular options. Because they offer users the chance to buy a token at a lower cost before it reaches exchanges, the possibility of profit is significant.

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So far, presales have proven to be worth the hype. You only need to look at the crypto presales list to see tokens that have raised millions and delivered healthy returns. But what are the most successful crypto presales so far? In this article, we look at some of the best examples:

BlockDAG

This presale is still ongoing and has continued to defy expectations. BlockDAG has been hyped as one of the next big blockchain projects thanks to its combination of a Directed Acyclic Graph (DAG) structure and a hybrid Proof-of-Work (PoW) consensus mechanism. This means that the blockchain will process up to 10 blocks per second while still preserving security. The excitement surrounding this project has been palpable, with its presale raising over $69 million as of press time.

BlockDAG’s testnet is scheduled for September 2024 and this has only increased the hype around it. It is safe to say that no matter what happens moving forward, BlockDAG is solidified in crypto presale history.

BOBAOPPA

It is not unusual for cryptos to be released from public figures and this tends to give them a boost. Such was the case of BOBAOPPA, a token from Taiwanese blockchain personality Machi Big Brother. The token’s presale was very hyped on social media and this led to it raising over $40 million, making it one of the most successful so far.

However, the good times didn’t last and while the presale did well, the value of the token dipped dramatically. This goes to show that a good presale does not make a good project.

Big Eyes Coin

2023 saw one of the most successful crypto presales in the form of Big Eyes Coin. The meme token captured the industry’s interest by offering connections to the DeFi space, as well as real-world utility. Throughout its presale, which ended in June 2023, the management of Big Eyes coin regularly gave away discount codes, loot boxes, and other rewards that kept engagement up.

This strategy of practical application and connecting with buyers online proved to be a hit as Big Eyes Coin raised over $40 million at the presale stage, becoming one of the biggest winners of the year.

Pepe Unchained

The crypto sector is no stranger to frog-themed meme coins but Pepe Unchained has burst onto the scene with a presale raking in over $12 million. The presale, which is yet to end, has pushed the token to the forefront of the crypto sector and promised the sort of utility we don’t usually associate with meme coins. Pepe Unchained offers a layer-2 blockchain solution that will come with low fees and high transaction speeds.

This is on top of its staking efforts and the passionate community it has cultivated even before launch. Pepe has become a favourite of crypto influencers and whales alike and is one of the best presales we’ve seen money and PR-wise.

Dogeverse

Many crypto investors are prone to overlooking meme coins but Dogeverse’s presale proved many wrong. The token is compatible on a whopping 6 blockchains and this made it a hot commodity in the market. The chains in question were Ethereum, Polygon, Binance Smart Chain, Solana, Avalanche, and Base. Its presale, which concluded a few months ago, raised over $15 million and made Dogeverse the hottest new dog meme coin.

It also proved that the success of previous tokens like Dogecoin and BONK were not flukes but instead, laid the foundation for others.

How To Identify The Most Promising Ones

From the above list, we can see that crypto presales have been very successful in the past. At the same time, it’s worth noting that not every presale will raise tens of millions of dollars or deliver massive profits. As an investor, you need to be adept at picking the best pre-sales, that will deliver in the long and short term. Here are a few ways to identify them :

Use Cases

One thing that stands out about many of the presales on this list is that they have very promising use cases. BlockDAG, for example, has gotten a lot of attention for its fast network beads and security. This means that investors were all too happy to put money in its presale and this will likely lead to its success after it fully rolls out. When considering the pre-sale, consider its use case and how much excitement it inspires within the market. A token with groundbreaking use cases will likely do well in the pre-sale compared to those that exist purely on hype.

Industry Buzz

The crypto industry is supported by a very tight-knit community and as an investor, you should always tap into this community before making presale decisions. If a presale is getting a lot of attention in the media, it could be a sign that it is on track to raise a lot of money and perhaps perform well when it reaches exchanges. You also have to be careful not all buzz is organic. To avoid falling prey to a pump-and-dump scheme, consult closed groups of crypto investors to see what they think about the presale in question. They should give you an idea of whether the presale is worthwhile or meaningless hype.

The Team Behind It

Several teams in the crypto space are known to have launched successful projects in the past, and this is something to consider when investing in presales. Look into the team behind the project and find out if they’ve been behind previous successes. If they have, it could be a sign that the project is especially promising, and will do well in the presale phase and beyond. If the team has a poor track record or is completely anonymous, you might want to approach this presale with caution and do extra research to avoid being scammed.

Market Trends

At different points in the crypto industry, different types of tokens and projects gain a lot of attention, and this should guide your choice of presales. A few years ago, any crypto attached to an NFT project was likely to do very well. Similarly, GameFi and play-to-earn projects are all the rage in the industry, and this means that their presales are likely to do well. To take advantage of market trends, you have to stay abreast of them by following crypto-focused media and participating in crypto-related communities. By gauging market trends, you know the exact type of crypto presale to look out for, and this will benefit your investment portfolio.

Upcoming Exchange Listings

Another way to spot a promising, crypto presale is to consider the exchanges it is going to be listed on. Ultimately, you want to separate the wheat from the chaff, and one sure sign that a crypto project is legitimate is upcoming listings on major exchanges. These exchanges conduct a rigorous review of every token they list, including its team, use cases, potential market price, and so on. They are very unlikely to list shitcoins, or pump-and-dump tokens so consider this before buying into any presale.

Conclusion

Over the years, the crypto industry has been home to some innovative and successful presales of all kinds. This investment method has been a hit with consumers for good reason and above, we’ve broken down some of the most successful. These presales have raised funds that mainstream businesses can only dream of and continue to show how far the crypto community will go to support projects that it believes in.

From meme coins making a difference to utility tokens with a twist, they are evidence of how well a presale can do.