The bull run in Bonk!, the first Solana-based dog meme coin, may have come to an end. BONK, a token issued on the Solana blockchain that was sent for free to Solana investors across the ecosystem a few weeks ago, fell rapidly on Friday.
According to DEX Tools, BONK recently cost $0.0000016 USD per token. BONK has now lost about two-thirds of its value after hitting an all-time high of $0.0000048 on Thursday.
BONK’s rapid rise has made big news in recent weeks, with some claiming the cryptocurrency has revived hope in Solana’s crypto ecosystem. Trading has been spectacularly volatile in recent days as the cryptocurrency has been placed on multiple platforms.
The team behind BONK recently announced that they will burn 5 trillion tokens that were awarded to them in an attempt to increase the price once more.
However, the lack of increase in BONK’s price indicates that the market is more concerned about liquidating speculative profits in the coin, rather than the current amount of tokens.
Altcoins to Consider
Investors looking to diversify their crypto portfolio into ear crypts may no longer be interested in Bonk!, as the bull run may be coming to an end. Here is a list of alternative penny cryptos to consider that are still in their pre-sale stage. which could also allow for quick short-term profits. The difference is that all cryptos on this list are backed by promising projects and excellent utility/use cases.
FightOut (FGHT) – Now in Presale
The fledgling crypto niche has shown great potential, but early success stories like STEPN have had significant limitations that have kept them from conquering the mainstream until now. FightOut, which describes itself as the future of move-to-earn, wants to change that in 2023. FightOut is a brand new web3 fitness application and fitness chain that rewards its users for training, completing challenges and competing in a ‘first of his’. sort of’ fitness metaverse.
While existing M2E (Move2Earn) applications such as STEPN only track steps and require expensive non-fungible token (NFT) buy-ins to participate. FightOut takes a more holistic approach to tracking and rewarding users for their exercise and activity and does not require expensive buy-ins to participate. FightOut’s goal is to combine the physical and web3 worlds.
The project aims to eventually acquire fitness centers in all major cities in the world and at the same time promote an integrated web3 fitness experience. Central to FightOut’s digital ecosystem will be the smartphone application, which, according to FightOut’s white paper, is planned to be launched in Q2 2023.
The FightOut app will use smartphone and wearable technology to measure and track physical performance. The app will have its own internal tokenized economy where users can earn rewards for completing M2E tasks and create their own soul-bound token avatar for the user to interact with the FightOut metaverse.
FGHT is the token that powers FightOut’s metaverse ecosystem. Users pay to participate in leagues and competitions with FGHT and the winnings are paid out in FGHT.
FGHT can also be used in peer-to-peer fitness betting. FightOut’s FGHT tokens are currently selling for 60.06 per 1 USDT, and interested investors are encouraged to act quickly to secure their tokens, with pre-sales already exceeding $2.7 million in just a few weeks. FGHT is the token that will power the FightOut crypto ecosystem.
Now go to FightOut
Dash 2 Trade (D2T) – Overfunding coming to an end, CEX listing approaching
Those interested in investing in a promising crypto trading platform startup need look no further than Dash 2 Trade. The new analytical and social trading platform hopes to take the crypto trading space by storm with a host of unique features. These include trading signals, on-chain social sentiment and indicators, a presale token scoring system, a token listing alert system, and a strategy testing tool.
Dash 2 Trade’s ecosystem is powered by the D2T token, which users must purchase and hold to access the platform’s features. Dash 2 Trade is currently holding a token presale that was originally supposed to end a few days ago, but has continued due to the massive demand for tokens.
The total amount of the raise recently surpassed a whopping $13.7 million, with the token expected to be on the first centralized cryptocurrency exchange platform in just four days. Thus, investors must act quickly to secure tokens before volatility sets in. Tokens are currently selling for $0.0533 each.
Now go to Dash 2 Trade
C+Charge (CCHG) – Now in Presale
The carbon credit industry is expected to be worth $2.4 trillion by 2027. Democratizing access to build these benefits will generate huge revenue in the coming years, and that’s something crypto start-up C+Charge hopes to achieve. C+Charge is currently building a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations that will allow electric vehicle (EV) drivers to earn carbon credits.
C+Charge wants to strengthen the role of carbon credits as an important driving force for the adoption of electric cars. Currently, big electric car manufacturers like Tesla make millions selling carbon credits to polluters. C+Charge aims to democratize the carbon credit market by putting more of these rewards in the hands of EV owners, rather than just the big companies.
C+Charge has just started pre-selling the CCHG token that its platform will use to pay at EV charging stations. Tokens are currently selling for $0.013 each, although this will be up 80% by the end of the presale. So investors are interested in getting in early on a promising, eco-friendly cryptocurrency project that should move quickly.
Now go to C+Charge
Calvaria (RIA) – The final pre-sale phase
Major blockchain-based games such as Axie Infinity lost significant momentum in 2022. As a result, many investors interested in the cryptogaming space are looking for alternative paths. Calvaria, an upcoming game to earn battle card crypto game, could be a good alternative. Calvaria aims to drive crypto adoption by building a bridge between the real world and crypto, a fun and accessible crypto game.
Investors should consider Calvaria’s RIA token presale. Calvaria has now raised $2.68 million, with a crypto “whale” raising $97.5k in a single purchase last month. The presale is in its final phase, with only 13% tokens remaining.
Now go to Calvary
RobotEra (TARO) – Now in Presale
RobotEra is an upcoming robot/space themed gaming metaverse that plans to incorporate a combination of play-to-earn and player-versus-player gameplay into its interactive world.
The Metaverse gaming start-up hopes to launch in 2023. Before the launch, it will hold a pre-sale of the TARO token that will be used as in-game currency. In the few weeks since launch, RobotEra has raised more than $675,000.
Tokens are currently selling for $0.02, but that price will soon rise to $0.025, so interested investors should get in quick. RobotEra also plans to soon start selling NFT robots for players to use in the metaverse. Investors who have already picked up some TARO should stay tuned.
Now go to RobotEra