New Cryptocurrency Projects To Watch As Bitcoin Crash Pauses – Good Time To Buy The Dip?

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The Bitcoin crash has paused - is now a good time to buy the dip?
The Bitcoin crash has paused - is now a good time to buy the dip?

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Bitcoin saw a strong 1.7% increase in early trading on Friday, with some analysts predicting that the cryptocurrency bounce could extend through Trump’s inauguration. So, is now a good time to buy the dip? 

The broader market also bounced back after a fall overnight in the US. The market rose by almost 1.6% today, with Bitcoin and Ethereum among the top performers, increasing by 1.67% and 1.1%, respectively, according to CoinMarketCap.

Top meme coins also bounced back with top performers including Dogecoin, Shiba Inu, and Pepe, all showing substantial gains in the past 24 hours. Dogecoin increased by 2.8%, Shiba Inu 4.5%, and Pepe 3.8%. 

With Bitcoin and the broader market making a comeback, many traders are now looking for opportunities to buy the dip.

Are These Presales The Best Ways To Buy The Dip?

So, what could be the next successful projects for crypto traders to consider buying? Among many exciting projects right now are presale tokens that have the added advantage of offering shelter from market turbulence – at least until they list. Here are some analyst favorites:

Wall Street Pepe

A new spin-off of the meme coin titan Pepe is the standout presale right now. Wall Street Pepe (WEPE) has already barreled past $45.3 million in funding in about five weeks since it launched, and is on track to become one of the most successful ICOs of all time.

WEPE loathes secretive whale investors who hide in dark corners plotting their moves and his aim is to level the playing field for the little guys. The platform thus offers trading calls and market insights to help small traders invest like the pros.

Solaxy

Solaxy ($SOLX) is a new layer-2 meme coin based on Solana that brings fast transactions and scalability to help the Solana network overcome its congestion issues. The project has already raised almost $9.4 million in presale funding.

Meme Index

Meme Index (MEMEX) is a breakthrough new project that gives investors the opportunity to invest in diversified baskets of meme coins for the first time.

It offers four indexes tailored to their risk profiles and investment strategies: Meme Titan, Moonshot, Midcap, and Meme Frenzy. The lowest-risk option is Meme Titan, which invests in meme coin titans like Dogecoin, Shiba Inu, and Pepe.

The highest risk option is Meme Frenzy, which invests in some of the most speculative projects around. It comes with high risk and potentially explosive rewards.

The project has already raised over $2.1 million in its presale.

Flockerz

Flockerz (FLOCK) is another top new crypto project whose presale has exceeded $9.2 million. The project relies on a vote-to-earn model that means token holders who vote on the project’s key decisions are rewarded with FLOCK tokens.

This is the first decentralized project of this kind, and is designed to ensure decentralization and community governance. The FLOCK presale ends in less than 12 days.

Best Wallet

Last but not least is Best Wallet (BEST), an all-in-one platform for exploring the Web3 ecosystem that offers access to decentralized exchanges, and has all the tools to store and manage cryptos across multiple blockchains.

One unique and unusual feature for a crypto wallet is its “Upcoming Tokens” section. This helps users find new and promising tokens before they launch.

For example, it flagged Catslap (SLAP) early, a meme coin that later surged by over 3,500% for early investors.

BEST token has surpassed $6.8 million in funds raised in its presale.

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Newest Meme Coin ICO - Wall Street Pepe

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Wall Street Pepe
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Wall Street Pepe

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