The US financial regulators made a pivotal move last week by suing two of the crypto industry’s most prominent exchanges – Binance and Coinbase. The Securities and Exchange Commission made the move, alleging that both crypto giants are violating financial laws in the United States.
In the days following the announcement, altcoin markets tanked as speculators started to feel uncertain about the future direction of crypto in the United States, causing widespread panic among traders. The price drops were severe in some cases, causing some mainstream altcoins to set fresh 2023 lows.
With markets heading south, experts believe parking a small portion of crypto in up-and-coming presale projects is a safe way to protect downside risk while the fear, uncertainty, and doubt continue to spread.
Keep reading to discover why experts believe presales are the best option to protect your crypto during the panic and find two projects we believe have a solid potential to provide higher returns later in the year after the dust settles.
Altcoin Markets Collapse After SEC Lawsuit Rampage
The SEC threw a jab and a right hook last week, which sent a wave of panic throughout the entire market. The jab came from its announcement that it is suing Binance for operating as an unlicensed broker in the US, violating its financial laws. The lawsuit alleged that Binance.US and its CEO, Changepeng Zhao, were operating as an unregistered US Financial Institution, misleading investors, inflating trading volumes, and mixing customers’ funds.
Today we charged Binance Holdings Ltd. (Binance); U.S.-based affiliate, BAM Trading Services Inc., which, together with Binance, operates ; and their founder, Changpeng Zhao, with a iety of securities law violations. pic.twitter.com/IWTb7Et86H
— U.S. Securities and Exchange Commission (@SECGov) June 5, 2023
In addition, the SEC also targeted major altcoin projects in its lawsuit, claiming that they were considered unlicensed securities offerings, which violates US financial regulations. The SEC targeted over 67 altcoins in total, including ADA, ATOM, BNB, AXS, SAND, SOL, and MATIC.
Then, the following day, the SEC unleashed its right hook after announcing that it would be suing Coinbase, stating that the exchange powerhouse failed to register as an exchange in the US and is operating illegally.
Although markets initially shook off the news, the fear started to seep in later in the week after Binance announced that it would have to pause all fiat withdrawal channels as its banking partners requested. Furthermore, financial giants like Robinhood also announced that they would have to start unwinding some of their altcoin positions, which experts estimate to be worth over a billion dollars.
The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign against the American digital asset industry. and our business partners have not been spared in the use of these tactics, which has created… pic.twitter.com/rlIe6swIoY
— Binance.US 🇺🇸 (@BinanceUS) June 9, 2023
Markets tanked over the weekend as a result of the turmoil, causing some altcoins to create fresh 2023 lows. Metaverse projects such as SAND, MANA, and AXS fell by over 35%, while MATIC fell by 27%. In addition, memecoins like SHIB, DOGE, and PEPE fell by over 20% over the past week.
Why Are Presales Better Alternatives to Protect Your Assets?
With altcoin markets collapsing, experts are starting to suggest that parking a small portion of ETH into presales is a great method to protect portfolios from downside risks. Although they recommend selling altcoins into stablecoins, the suggestion to park some funds into presale provides the opportunity for substantial gains further down the line once the dust settles with the SEC.
One of the primary reasons why presales help to protect your assets is because they are closed markets, meaning that there won’t be any substantial price drops during the presale period. Furthermore, most presales today use rising pricing mechanisms during each stage, meaning that early-stage investors already leave the presale with unrealized gains once the token hits exchanges.
Finally, as presales take time to reach their fundraising goals, it’s likely that the dust will have settled once they end, and the market will return to some form of stability. Of course, you can’t just invest in any presale, so we’ve done some research and found two promising projects worth looking at.
Wall Street Memes – One-Million Followers Already Onboard
Wall Street Memes is the first presale that can protect your assets during this turbulent period and provide substantial returns later in the year. The project started its presale toward the end of May and gained significant attention after raising over $6.2 million in just a couple of weeks.
Wall Street Memes continues to grow momentum as investors pile in due to the fact that it has a huge community following behind the project. As a result, experts believe that the one-million-strong following that it already has across social media channels pretty much guarantees it a tier-1 listing after launching, with Binance touted as being one of the exchanges that would scramble to list the token to take advantage of the expected high trading volume.
The project is a crypto representation of the internet’s triumph over greedy capitalist institutions. It’s an extension of the movement that took down giants on Wall Street during the GameStop fiasco in 2021. Back then, the little guy challenged Wall Street to its own game and sent billion-dollar hedge funds and institutions crumbling into bankruptcy. Now, that same following is back to tokenize the movement through the WSM token, allowing people to engage in the speculation with an additional fusion of humor.
Another reason why investors are quickly rushing to get positioned in the Wall Street Memes presale as early as possible is due to the fact that the project is already on the radar of Elon Musk. The Tesla, Twitter, and SpaceX CEO has interacted with the Wall Street Memes Twitter account on several occasions – leading many investors to believe that another Tweet will cause the price to explode once the token hits exchanges.
Like most heavyweight memecoins – such as DOGE, SHIB, and PEPE – the WSM token doesn’t have any utility. Instead, the entire idea behind the project is to make a mockery of the traditional financial while providing opportunities for individuals to participate in crypto investments. The project already has the two fundamental principles that cause memecoins to explode, hype and FOMO, which is why investors are eager to get involved as early as possible.
Introducing $WSM – yep, we’ve gone and done it.
The community token that’s flipping the Wall Street Memes game upside down! 🐂
We have 50% of the #Token supply up for grabs in the #Presale and 30% set aside for rewarding our community.🔥
Let’s make some serious waves together,… pic.twitter.com/fH2TMGmglZ
— Wall Street Memes (@wallstmemes) May 27, 2023
The Wall Street Memes social media has a strong following because it’s also connected to Wall Street Bulls – an NFT collection that sold out in 2021 in just 32 minutes. Now, that community is back to support Wall Street Memes as it looks to be the next memecoin sensation, with the strength of the project lying in its robust community.
The presale for WSM is currently in the twelfth stage, selling the token for $0.0283. However, the presale uses a rising pricing mechanism, so it’s essential to get positioned as early as possible to take advantage of the lower prices and leave the presale with higher levels of unrealized returns. The next stage for the presale will sell WSM for $0.0286, and it will continue to rise until the token is listed on tier-1 exchanges for $0.0337.
Buy WSM Today
yPredict – Use Ai to Make Better Trades
📢 Looking for a top-notch analytics and prediction tool? Look no further! Introducing yPredict, the ultimate project for all your forecasting needs. 🚀 Powered by AI, this market research tool offers unrivaled features that will leave you amazed. 💪
In a world of constant… pic.twitter.com/szX3H6FzEv
— yPredict.ai (@yPredict_ai) May 30, 2023
Another project worth diversifying a small percentage of your portfolio into is yPredict, a next-generation AI-based trading research and analysis platform that provides traders with data-driven insights to help them make better trading decisions and become consistently profitable.
yPredict has raised a total of $2.25 million in its presale as investors hurry to get involved in the trading analytical research project. Investors believe that the utility provided by the research platform will help the YPRED token surge in the future as the platform gains more adoption.
The yPredict eco is comprised of artificial intelligence and machine learning experts, financial quants, and traders, who have grouped together to build cutting-edge trading research and analytical tools for the trading community.
The platform can boast a wide range of products and features that will help it gain adoption, but there are three that particularly stand out.
The first product to mention is the yPredict Market Predictions suite, which allows users to check the asset price predictions for crypto assets that are generated through in-house developed predictive models. This part of the platform is designed to serve as an in-bound traffic as there are no login or token-holding requirements. The team hopes that users who find the asset price predictions helpful will invest in YPRED to use its more advanced features.
The next noteworthy feature is the yPredict Analytics suite, which provides traders a financial edge in the market. This product s traders to the latest trends and pattern breakouts, allowing them to get positioned before the herd and take advantage of the price movements. The platform offers a new breed of trading tools entirely powered by AI and can auto-detect over 100 chart patterns and provide s with confidence scores to let traders open positions. Users will need to hold YPRED tokens to have the opportunity to access this product.
The final product to mention is the yPredict Marketplace. This is perhaps the most important feature of the eco, as it provides incredible utility for YPRED holders and creates a results-as-a-service economy for savvy financial wizards. The yPredict Marketplace allows developers to list their own price prediction models as a subion service. Developers will post the results of their model performance and allow traders to subscribe to it on a monthly basis using YPRED tokens. From the revenue generated, 70% goes directly to the developer, and the rest is reinvested into the eco.
Overall, yPredict is expected to gain momentum once the presale ends and the token launches on major exchanges. The presale is currently selling the token at a price of $0.09 and is expected to list on exchanges for $0.12 – providing considerable returns for presale investors.
Buy yPRED Today
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With Altcoin Markets Setting Fresh Yearly Lows, Here are Two Presales to Park Your Cash For Higher Returns Later This Year
The US financial regulators made a pivotal move last week by suing two of the crypto industry’s most prominent exchanges – Binance and Coinbase. The Securities and Exchange Commission made the move, alleging that both crypto giants are violating financial laws in the United States.
In the days following the announcement, altcoin markets tanked as speculators started to feel uncertain about the future direction of crypto in the United States, causing widespread panic among traders. The price drops were severe in some cases, causing some mainstream altcoins to set fresh 2023 lows.
With markets heading south, experts believe parking a small portion of crypto in up-and-coming presale projects is a safe way to protect downside risk while the fear, uncertainty, and doubt continue to spread.
Keep reading to discover why experts believe presales are the best option to protect your crypto during the panic and find two projects we believe have a solid potential to provide higher returns later in the year after the dust settles.
Altcoin Markets Collapse After SEC Lawsuit Rampage
The SEC threw a jab and a right hook last week, which sent a wave of panic throughout the entire market. The jab came from its announcement that it is suing Binance for operating as an unlicensed broker in the US, violating its financial laws. The lawsuit alleged that Binance.US and its CEO, Changepeng Zhao, were operating as an unregistered US Financial Institution, misleading investors, inflating trading volumes, and mixing customers’ funds.
In addition, the SEC also targeted major altcoin projects in its lawsuit, claiming that they were considered unlicensed securities offerings, which violates US financial regulations. The SEC targeted over 67 altcoins in total, including ADA, ATOM, BNB, AXS, SAND, SOL, and MATIC.
Then, the following day, the SEC unleashed its right hook after announcing that it would be suing Coinbase, stating that the exchange powerhouse failed to register as an exchange in the US and is operating illegally.
Although markets initially shook off the news, the fear started to seep in later in the week after Binance announced that it would have to pause all fiat withdrawal channels as its banking partners requested. Furthermore, financial giants like Robinhood also announced that they would have to start unwinding some of their altcoin positions, which experts estimate to be worth over a billion dollars.
Markets tanked over the weekend as a result of the turmoil, causing some altcoins to create fresh 2023 lows. Metaverse projects such as SAND, MANA, and AXS fell by over 35%, while MATIC fell by 27%. In addition, memecoins like SHIB, DOGE, and PEPE fell by over 20% over the past week.
Why Are Presales Better Alternatives to Protect Your Assets?
With altcoin markets collapsing, experts are starting to suggest that parking a small portion of ETH into presales is a great method to protect portfolios from downside risks. Although they recommend selling altcoins into stablecoins, the suggestion to park some funds into presale provides the opportunity for substantial gains further down the line once the dust settles with the SEC.
One of the primary reasons why presales help to protect your assets is because they are closed markets, meaning that there won’t be any substantial price drops during the presale period. Furthermore, most presales today use rising pricing mechanisms during each stage, meaning that early-stage investors already leave the presale with unrealized gains once the token hits exchanges.
Finally, as presales take time to reach their fundraising goals, it’s likely that the dust will have settled once they end, and the market will return to some form of stability. Of course, you can’t just invest in any presale, so we’ve done some research and found two promising projects worth looking at.
Wall Street Memes – One-Million Followers Already Onboard
Wall Street Memes is the first presale that can protect your assets during this turbulent period and provide substantial returns later in the year. The project started its presale toward the end of May and gained significant attention after raising over $6.2 million in just a couple of weeks.
Wall Street Memes continues to grow momentum as investors pile in due to the fact that it has a huge community following behind the project. As a result, experts believe that the one-million-strong following that it already has across social media channels pretty much guarantees it a tier-1 listing after launching, with Binance touted as being one of the exchanges that would scramble to list the token to take advantage of the expected high trading volume.
The project is a crypto representation of the internet’s triumph over greedy capitalist institutions. It’s an extension of the movement that took down giants on Wall Street during the GameStop fiasco in 2021. Back then, the little guy challenged Wall Street to its own game and sent billion-dollar hedge funds and institutions crumbling into bankruptcy. Now, that same following is back to tokenize the movement through the WSM token, allowing people to engage in the speculation with an additional fusion of humor.
Another reason why investors are quickly rushing to get positioned in the Wall Street Memes presale as early as possible is due to the fact that the project is already on the radar of Elon Musk. The Tesla, Twitter, and SpaceX CEO has interacted with the Wall Street Memes Twitter account on several occasions – leading many investors to believe that another Tweet will cause the price to explode once the token hits exchanges.
Like most heavyweight memecoins – such as DOGE, SHIB, and PEPE – the WSM token doesn’t have any utility. Instead, the entire idea behind the project is to make a mockery of the traditional financial while providing opportunities for individuals to participate in crypto investments. The project already has the two fundamental principles that cause memecoins to explode, hype and FOMO, which is why investors are eager to get involved as early as possible.
The Wall Street Memes social media has a strong following because it’s also connected to Wall Street Bulls – an NFT collection that sold out in 2021 in just 32 minutes. Now, that community is back to support Wall Street Memes as it looks to be the next memecoin sensation, with the strength of the project lying in its robust community.
The presale for WSM is currently in the twelfth stage, selling the token for $0.0283. However, the presale uses a rising pricing mechanism, so it’s essential to get positioned as early as possible to take advantage of the lower prices and leave the presale with higher levels of unrealized returns. The next stage for the presale will sell WSM for $0.0286, and it will continue to rise until the token is listed on tier-1 exchanges for $0.0337.
Buy WSM Today
yPredict – Use Ai to Make Better Trades
Another project worth diversifying a small percentage of your portfolio into is yPredict, a next-generation AI-based trading research and analysis platform that provides traders with data-driven insights to help them make better trading decisions and become consistently profitable.
yPredict has raised a total of $2.25 million in its presale as investors hurry to get involved in the trading analytical research project. Investors believe that the utility provided by the research platform will help the YPRED token surge in the future as the platform gains more adoption.
The yPredict eco is comprised of artificial intelligence and machine learning experts, financial quants, and traders, who have grouped together to build cutting-edge trading research and analytical tools for the trading community.
The platform can boast a wide range of products and features that will help it gain adoption, but there are three that particularly stand out.
The first product to mention is the yPredict Market Predictions suite, which allows users to check the asset price predictions for crypto assets that are generated through in-house developed predictive models. This part of the platform is designed to serve as an in-bound traffic as there are no login or token-holding requirements. The team hopes that users who find the asset price predictions helpful will invest in YPRED to use its more advanced features.
The next noteworthy feature is the yPredict Analytics suite, which provides traders a financial edge in the market. This product s traders to the latest trends and pattern breakouts, allowing them to get positioned before the herd and take advantage of the price movements. The platform offers a new breed of trading tools entirely powered by AI and can auto-detect over 100 chart patterns and provide s with confidence scores to let traders open positions. Users will need to hold YPRED tokens to have the opportunity to access this product.
The final product to mention is the yPredict Marketplace. This is perhaps the most important feature of the eco, as it provides incredible utility for YPRED holders and creates a results-as-a-service economy for savvy financial wizards. The yPredict Marketplace allows developers to list their own price prediction models as a subion service. Developers will post the results of their model performance and allow traders to subscribe to it on a monthly basis using YPRED tokens. From the revenue generated, 70% goes directly to the developer, and the rest is reinvested into the eco.
Overall, yPredict is expected to gain momentum once the presale ends and the token launches on major exchanges. The presale is currently selling the token at a price of $0.09 and is expected to list on exchanges for $0.12 – providing considerable returns for presale investors.
Buy yPRED Today