Crypto Whales Just Added These Altcoins to Their Wallets – What Do They Know?
Crypto investors with a lot of money, also known as "whales", are always looking for new investments to give them an edge in the markets. To do this, they often take advantage of presales as part of a strategy to buy large amounts of certain altcoins early on before they go public. But what exactly makes these crypto whales so interested in a particular altcoin?
For one, experienced investors know how to identify promising projects early on to maximize their returns. For example, the up-and-coming project FightOut plans to open gyms, create a celebrity-led ambassador program, and launch AI-powered fighters - making a strong investment case for its $FGHT token. This has led the project to raise over $2 million within just a few days of launching.
An additional benefit to presales is the possibility of bonus rewards. For example, FightOut offers investors up to 25% extra tokens for purchases of $50,000 or more and 10% for token purchases of just $500. This makes it much more appealing to buy in bulk for large investors (whales) and smaller investors alike, which helps increase the value of altcoins before they are listed on exchanges.
In short, if you want to invest in cryptocurrency or broaden your portfolio, do as the rich do and follow the money. You can often find tokens at a fraction of the regular price by discovering dependable projects with sound fundamentals that have already gained many investors before they even start trading on exchanges.
Three presales that have recently gained attention from whales and smaller retail investors are FGHT, D2T, and TARO. All three look promising because of their ambitious plans, innovative platforms, supportive investor communities, and experienced development teams.
FightOut is an innovative Move-to-Earn (M2E) app and gym chain that is currently in development. The project has been gaining a lot of attention from crypto whales, raising over $1 million in its 7-day private sale. It's now rapidly gaining pace in the first round of its public sale.
FightOut outdoes other M2E programs in a few ways. Most impressively, FightOut's technology will let users measure all fitness activity--not just steps taken. Also, there's no need to buy any expensive NFTs; and with FightOut you get rewarded for making healthy choices--not just completing simple tasks like walking.
With FighOut's new approach, your in-app self is represented by a soulbound avatar with physical attributes like strength and cardio health. The avatar gives you access to a metaverse community where fitness becomes social currency. As you accomplish more fitness goals in real life, your stats level up–and so does your avatar.
FightOut’s first gym will open in the fourth quarter of 2023. Each space will boast a health bar, studio, and co-working area. The FightOut ambassador program promises to bring big names such as pro boxers and other elite athletes on board to help promote the brand through events like masterclasses.
With such a large demand for the token already, the project has huge potential moving into 2023.
Dash 2 Trade (D2T)
Dash 2 Trade is the perfect place for novices and experts alike to get reliable data-driven information that will help them make informed investment decisions. This includes: social sentiment analysis, buy/sell signals for trending coins, and a scoring system that grades presales.
In light of the FTX scandal, more individuals are investing in resources to help them sidestep cryptocurrency scams. As a direct result, Dash 2 Trade has announced that their crypto trading platform will go live sooner than originally planned and their token presale will be cut short. Originally, 665 million D2T tokens were going to be sold across 9 stages of the presale--but this number has been decreased to 4 rounds with only 262.5 million tokens available for purchase now.
Most of Dash 2 Trade's functions will require D2T tokens, which is likely to create a significant demand for the token. So far, the D2T token presale has raised $9.95 million and 75% of tokens have been sold. The beta version of the presale dashboard will be released soon as well.
Calvaria: Duels of Eternity is a strategy card game that uses non-fungible token (NFT) trading cards. Players use these cards to build character decks and battle opponents in an afterlife-inspired world.
Rewards for matches come in the form of NFTs, which can be bought and traded using RIA tokens in Calvaria's internal marketplace. In addition, RIA holders gain governance power over the game's decentralized autonomous organization (DAO). The token can also be staked by individuals interested in generating extra income passively.
So far, the game's presale has raised $2.47 million and successfully met 80% of its original goal of $3 million. However, because development is now ahead of schedule, developers are ending the presale early--there will be only 150 million tokens available instead of the initial 300 million that was offered.