While Fantom Price Explodes, These Lesser-Known Altcoins May Take Off This Year – Heres Why

While Fantom Price Explodes, These Lesser-Known Altcoins May Take Off This Year – Here's Why

Fantom. Source: Adobe

Fantom (FTM), the cryptocurrency that powers the high-performance, smart-contract-enabled Fantom blockchain, has been rallying hard in the last few days. FTM was last changing hands in the $0.57s, back above its 21-Day Moving Average at $0.52 and up around 40% versus recent lows around $0.41, with the cryptocurrency benefitting from buying pressure after it found strong support at the summer 2022 high.

Fantom is currently sitting on gains of around 180% this year, dwarfing Bitcoin‘s gains of roughly 50%. Bulls are targeting an imminent retest of recent highs in the $0.65 area, a break above which could open the door to a run higher towards $1.0 per token. The surge in Fantom’s price since the beginning of the year has been aided by a massive influx of new Fantom investors, according to crypto analytics firm Santiment.

This has resulted in a big shift in the distribution of on-chain FTM wealth away from larger shark and whale wallets (which hold 10,000 to 100 million tokens) towards micro addresses, which hold 0.01 to 1 tokens. The later wallet cohort has fallen by 41% in recent weeks, while the micro address cohort has surged by 53% in recent weeks.

The explosion in interest in promising altcoins like Fantom bodes well for the tokens of lesser-known, up-and-coming crypto projects. Investing in the token presale of a great crypto project is one of the best ways to generate return in crypto. Here is a list of a few presales vetted by the Industry Talk team at Cryptonews.com that observers think could take off later this year.

Meta Masters Guild (MEMAG) – Presale Nearly Complete

Meta Masters Guild is an up-and-coming mobile-based web3 gaming ecosystem that is developing a host of fun and addictive games. The games will utilize non-fungible tokens (NFTs), allowing community members to earn rewards, as well as stake and trade. The platform hopes to in the future host dozens of viral games. Its first game, Meta Karts Racers will be released later this year.

Meta Masters Guild is now in the final stage of its MEMAG token presale, with the presale already one of the hottest of 2023. In just a few weeks, the crypto start-up has already managed to raise a whopping nearly $4.7 million via MEMAG sales and the presale will end in a just over one day. Investors should note that they also stand a chance of winning a massive $100,000 in MEMAG tokens.

Fight Out (FGHT) – Presale on Now

The young move-to-earn crypto niche has shown a lot of promise, but early success stories like STEPN have significant limitations that have, so far, prevented them from conquering the mainstream. Fight Out, which touts itself as the future of move-to-earn, wants to change that in 2023.

Fight Out is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges, and competing within a first-of-its-kind fitness metaverse. While existing M2E applications such as STEPN only track steps and require expensive non-fungible token (NFT) buy-ins to take part, Fight Out takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and doesnt require any expensive buy-ins to take part.

Fight Out is currently conducting a presale of the FGHT token that will power its web3 ecosystem and has already raised a whopping nearly $4.25 million. The token is scheduled to list across centralized exchanges in April at $0.033 per token. Investors should move quickly, as if they secure tokens now, they could be sat on paper gains of nearly 50% by the time the crypto token lists on exchanges at the start of Q2. Gains could be even higher if investors make use of Fight Outs generous bonus scheme.

Metropoly (METRO) – Presale Minimum Target Nearly Hit

Metropoly has an ambitious goal – to transform the real estate market by democratizing access to real estate investment. How？ By building the world‘s first marketplace for real estate non-fungible tokens (NFTs). And these NFTs aren’t for digital real estate in some metaverse. These tokens represent a real ownership stake in a real property, that Metropoly will also be renting out so that owners can earn a passive income.

Metropoly is currently conducting a presale to fund its ongoing development and has nearly reached its minimum goal of raising $500,000. The start-up has already released a beta version of its platform, which already looks great and is proving very popular. The barriers to traditional real estate investment around the world are huge. Metropoly hopes its platform can level the playing field, with investors able to start owning property with as little as $100.

C+Charge (CCHG) – Presale Enters Stage 2

C+Charge is currently building a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations that will allow the drivers of electric vehicles (EVs) to earn carbon credits. C+Charge aims to boost the role of carbon credits as a key incentive for the adoption of EVs. At present, large manufacturers of EVs, like Tesla, earn millions from selling carbon credits to polluters.

C+Charge wants to democratize the carbon credit market by allowing more of these rewards to find themselves in the hands of the EV owners rather than just the big businesses. C+Charge has just started its pre-sale of the CCHG token that its platform will use to pay at EV charging stations. Tokens are currently selling for $0.0145 each, though by the end of the presale, this will have risen by 70%.

Investors interested in getting in early on a promising environmentally friendly cryptocurrency project should move fast, with the project having already raised over $1.1 million and the presale having already entered its second stage. Investors should note that the remaining tokens could be scooped up quickly. A crypto whale recently scooped up over $99 worth of CCHG in one transaction, as can be verified here on BscScan.

Calvaria (RIA) – RIA Token Now Available Across Various CEX and DEXs

Crypto play-to-earn (P2E) gaming start-up Calvaria, who are currently building what is billed to become one of 2023s most viral blockchain-powered games, recently concluded a presale of the RIA token that will power its web3 ecosystem. Calvaria will be releasing its fantasy-themed non-fungible token (NFT) battle cards game Duels of Eternity later this year.

Investors who missed out on the presale should not despair – RIA was recently listed on major crypto exchanges like LBank and BKex and will soon be listed on Uniswap. RIA is still trading at a fairly subdued price of just above $0.01. When the game launches later this year, some observers think this price could go much higher.