Crypto Whales are Accumulating LPX Token Before it Lists on Exchanges – Best Penny Crypto?
The cryptocurrency market is teeming with opportunities for investors seeking promising projects to put their money in. Penny cryptos, in particular, have piqued the interest of many due to their potential for significant returns on investment.
One new project in particular, Launchpad XYZ ($LPX), is capturing the attention of crypto whales and could be the next best penny crypto.
Crypto whales, the big players in the cryptocurrency space, are known for their ability to move markets and make or break projects. With a sharp eye for promising investments, many whales often participate in some of the best presale events to get in on the ground floor of a project.
Launchpad XYZ is one such project that whales are beginning to notice, and its upcoming listing on exchanges could see it take off as one of the next best investment opportunities.
Penny for Your Crypto Thoughts: Launchpad XYZ Gains Traction
Launchpad XYZ’s mission is to create a comprehensive and user-friendly Web3 platform. By making the complex cryptocurrency environment more accessible to everyone, the project seeks to bridge the gap between Web2 and Web3.
In doing so, Launchpad XYZ hopes to engage the next 10 million Web3 users, providing them with the tools, knowledge, and audiences they need to thrive.
The $LPX token, which powers the Launchpad XYZ ecosystem, has already caught the eye of crypto whales during its presale period, as mentioned.
With ambitious plans for a decentralized exchange (DEX), a trading terminal, and a peer-to-peer (P2P) non-fungible token exchange, the platform is well-positioned to make a splash in the crypto industry
👽 Hey there, ready to blast off to the ultimate home of #Web3?
— Launchpad.xyz (@launchpadlpx) April 27, 2023
At Launchpad, we are building a platform that has everything you need to find the next Web3 assets that could do 100x 💥
Join our #Presale now 💻💰https://t.co/yYq4jnPZiL pic.twitter.com/HFIVAdlW8F
The $LPX presale has been successful so far, already raising an impressive $922,000. Currently priced at $0.0445, the $LPX token’s price will increase by 3.3% to $0.046 when the presale reaches $1.55 million.
Over nine subsequent presale stages, the $LPX price will eventually increase to $0.0565 before it lists on the Launchpad XYZ decentralized exchange in the third quarter of 2023.
A Token for All Trades: Launchpad XYZ’s Comprehensive Platform
The Launchpad XYZ platform is designed to cater to a wide range of Web3 users, from non-fungible token (NFT) traders to Play-to-Earn gamers. With a library for accessing the metaverse and play-to-earn Web3 gaming worlds, the platform offers a wealth of opportunities for its users.
Launchpad XYZ’s commitment to a user-centric approach is evident in their whitepaper, which states, “We’ll focus on attracting market-leading liquidity providers to ensure your trades are complete fully on the Launchpad XYZ DEX.”
Say farewell to outdated wallets like MetaMask and TrustWallet – the relics of the past 👋
— Launchpad.xyz (@launchpadlpx) June 6, 2023
Launchpad XYZ is ushering in a new era of simplicity and convenience with the integrated wallet onto the exchange platform 📲
Join the #Presale today ⬇️https://t.co/yYq4jnPZiL pic.twitter.com/v558YgTm50
Their dedication to user experience extends to their Web3 wallet, which allows users immediate self-custody of their crypto assets, adding an extra layer of security and control.
Launchpad XYZ will serve as a bridge between Web2 and Web3 for brands, providing them with user-friendly access to immutable contracts and validated data.
By doing so, the platform hopes to help brands engage with the next wave of Web3 users while maintaining compatibility with their existing infrastructure.
The platform also plans to offer a comprehensive trading and investing education suite, aptly named ‘Trading Edge.’ This suite will empower Web3 users of all experience levels to maximize their profit potential with an arsenal of trading tools and resources.
Buying Launchpad XYZ Tokens in the Presale
To help you secure your position, we will outline the process of buying Launchpad XYZ tokens with either Ethereum (ETH) or Tether (USDT) through a crypto wallet.
Step 1: Set Up a Compatible Crypto Wallet
To participate in the Launchpad XYZ presale, you’ll need a compatible crypto wallet. MetaMask is a popular choice, but other wallets supporting Wallet Connect integration may also be used.
For this guide, we’ll use MetaMask, which is available as a browser extension for Edge, Chrome, and Firefox or as a mobile app for iOS and Android.
Download MetaMask and install it.
Set up the wallet using a strong password.
Write down the backup passphrase in the correct order as displayed.
Step 2: Transfer Crypto to Your Wallet
Next, you’ll need to add ERC-20 tokens—either Ethereum (ETH) or Tether (USDT)—to your wallet to exchange them for Launchpad XYZ tokens during the presale.
Transfer the tokens to your unique MetaMask wallet address found under the ‘Account 1’ tab.
Step 3: Connect Your Wallet to the Launchpad XYZ Presale
With ETH or USDT in your wallet, navigate to the Launchpad XYZ presale website.
Click the ‘Connect Wallet’ button.
Choose MetaMask or, if using a different wallet, select ‘Wallet Connect’ and scan the QR code displayed by Launchpad XYZ.
Step 4: Complete the Presale Order Form
Now, you’ll need to indicate your preferred payment currency (ETH or USDT) and specify the amount of tokens you want to exchange for Launchpad XYZ tokens.
For example, if you’re swapping 150 USDT, you’ll receive 4,200 LPX tokens.
Step 5: Confirm Your Order and Purchase Launchpad XYZ Tokens
In the final step, you’ll be asked to confirm the presale purchase via your wallet.
A notification from MetaMask (or your chosen wallet) will request authorization to transfer the funds.
Confirm the transaction, and the wallet will complete the presale purchase.
Once the presale is over, return to the Launchpad XYZ website to claim your tokens. This option will be available within seven days of the presale’s conclusion.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
