The crypto markets are officially singing after Bitcoin witnessed an epic weekly performance, increasing by as much as 20% over the past few days, allowing the coin to reach the $30,000 level.
The recent crypto revival is largely a result of BlackRock – one of the world’s largest asset managers – announcing that it would be entering into the crypto space through its application for a Bitcoin spot Exchange Traded Fund (ETF). Markets reacted quickly to this news, breaking the consolidation period and reversing the downside price action experienced since mid-April.
As BTC continues to surge to its 2023 highs, altcoin markets are starting to experience bullish sentiment. In particular, low-cap projects are starting to see enormous traction as projects like Wall Street Memes cross its $10 million milestone – under a month from going live.
Keep reading to discover why the market is turning parabolic and why everyone is flocking to Wall Street Memes. In addition, we have two other gems for you to consider investing in over the coming weeks.
BTC Edges Toward 2023 $31,000 Highs After BlackRock ETF Application
Despite the initial depressing start to the month, the crypto markets are starting to sing again after BlackRock announced its entry into the industry after filing for an application to launch a Bitcoin spot ETF to the SEC.
Before the announcement, the crypto markets were attacked as the SEC initiated lawsuits against two of the largest crypto exchanges – Binance and Coinbase. The US financial regulator alleges that both companies are violating US financial law, causing a wave of uncertainty within the industry.
Fortunately, the BlackRock ETF application has erased all negative sentiment, allowing BTC to surge, reaching $1,000 shy of the 2023 highs of around $31,000.
BlackRock is one of the world’s leading investment and risk management providers, with close to $10 trillion under management. The interest in the crypto space flipped the bearish sentiment and has allowed the market to start turning parabolic.
Markets Singing: Bullish Pressure Trickling Into Presale Projects
With the bullish revival, it seems that investors are returning to the hunt to find crypto gems that can potentially provide considerably outsized returns relative to Bitcoin and Ethereum.
In particular, investors are rushing back to presale projects as they provide the perfect vehicle to park some cash for enormous returns following the fundraising. Presales allow projects to raise cash to develop products while providing increasing pricing strategies that guarantee profits once the tokens hit tier-1 exchanges.
As investors scramble to get invested in these low-cap projects, it’s important to do your research so you’re not investing in potential scams. Fortunately, we’ve found three incredible projects destined for explosive growth once their respective presales end. These projects have solid concepts, experienced teams with great connections, and enormous communities – providing them with a solid foundation to explode over the coming weeks.
Wall Street Memes Crosses $10 Million Fundraising Milestone in Under a Month.
The first noteworthy project to mention is Wall Street Memes, which recently crossed the $10 million fundraising milestone less than a month from opening its doors – making it one of the fastest-growing presale projects in 2023. Investors are quickly flocking to this new memecoin sensation as they’re intrigued by its huge community, the demonstrated long-term commitment from the team, and the interest it has attracted from high-profile figures such as Elon Musk – yes, the CEO of Twitter and Tesla.
Wall Street Memes is a memecoin that represents the internet’s extraordinary victory over the greedy capitalists on Wall Street. It’s an extension of the movement that caused the GameStock fiasco in 2021, where the Reddit armchair investors went toe-to-toe with the heavyweight institutions on Wall Street and sent them tumbling into bankruptcy.
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
Now, that movement is being tokenized through WSM, allowing people to continue to engage in the speculation with an additional dose of humor to go alongside it. It seems that the mixture of internet culture, meme-based humor, and decentralized finance has created a recipe for the most sought-after presales in the memecoin sector as investors flock to get positioned early as they’re curious about its long-term growth prospects.
Wall Street Memes is a community-driven project which has already amassed a cult-like following after attracting one million followers across its social media channels. As a result, the strength of this project lies in its community rather than the utility it provides.
The community behind the project has generated traction quickly as it’s connected to Wall Street Bulls – an NFT project that sold its entire collection in thirty minutes in 2021. Now, that community is back to support Wall Street Memes in becoming the next memecoin sensation.
Furthermore, the number of followers continues to grow as investors learn that Elon Musk already has WSM on his radar after interacting with the Wall Street Memes Twitter account on multiple occasions. The comments from Musk have caused speculation about whether he will start to support the project that’s making a mockery out of Wall Street the same way he supports Dogecoin.
Lastly, WSM is destined for success because the entire token supply has been dedicated to the community. The team behind the project hasn’t allocated any WSM for themselves, demonstrating their long-term commitment. Instead, the entire supply is earmarked for the presale, adding liquidity to exchanges and providing airdrops to loyal users.
With the WSM presale blazing through its stages, getting invested as early as possible is essential. The presale uses a rising pricing strategy, meaning those adopting the token earlier benefit the most once it launches on tier-1 exchanges.
yPredict Set to Make Consistently Profitable Traders in Crypto
Another gem in its crypto expected to follow the WSM success is yPredict. This revolutionary analytics platform provides data-driven insights to traders to help them make better trading decisions. The best part about this project is that its native token, YPRED, is embedded into its ecosystem – providing it with sustained value and utility over the long term.
yPredict is a platform created by a team of artificial intelligence and machine learning experts, financial quants, and traders, who grouped to build cutting-edge AI-based trading research and analytics tools that provide state-of-art financial prediction methods to help traders make wise decisions.
The platform has a wide range of products and services, but three components form the backbone of the entire ecosystem.
🚀 Embark on an extraordinary AI-powered journey with #YPredict! It’s not just a utility token, but a gateway to a world of groundbreaking products and possibilities. 🌐🔬
💡 Experience unparalleled marketing excellence with our industry-leading content editor, designed to… pic.twitter.com/heQoBiRmPS
— yPredict.ai (@yPredict_ai) June 12, 2023
The first product is the Market Predictions section, which allows users to check the latest asset price predictions generated through in-house predictive models. This part of the ecosystem is clever because it’s completely free to use, serving as an inbound traffic system to help yPredict grow.
Another essential feature of the platform is the yPredict Analytics suite, which gives traders an edge in the financial markets. This platform provides a range of tools entirely powered by AI that can alert traders about forming trends based on pattern recognition, sentiment metrics, and indicator analysis. The AI can automatically detect over 100 chart patterns and provides traders with alerts and confidence scores to help them decide if they want to make the trade. This product requires users to hold YPRED tokens to access.
Finally, the yPredict Marketplace is perhaps the flagship product of the ecosystem. It allows AI developers to list their own prediction models as a results-as-a-service economy. Traders can browse the highest-performing prediction models and subscribe to them on a monthly basis using YPRED tokens. Developers earn 70% of the fees, injecting the remaining subscription payment into the ecosystem.
Ecoterra Hits $5 Million as Investors Flock to Recycle2Earn GameFi Sensation.
The final gem to add to your watchlist is Ecoterra, a project that recently crossed the $5 million fundraising milestone as investors flock to be a part of the Recycle2Earn sensation that uses GameFi mechanics to help the world become more sustainable.
Instead of play-to-earn, users on Ecoterra earn rewards each time they recycle in a Recycle2Earn ecosystem. The entire goal behind the project is to help encourage the recycling process to fight global warming and prevent climate change. Ecoterra wants to educate the public on the need for recycling and provide them with an incentive to do it.
Users on the application are rewarded every time they recycle, so long as they follow the three simple steps outlined in the application; Scan, Recycle, and Earn.
The first step is to scan the barcode on any recyclable product, such as aluminum, glass, or plastic. The Ecoterra AI-powered database will find a match and provide a quote about the rewards that can be expected if it’s recycled.
Next, the application will direct users to the nearest Reverse Vending Machine (RVM), where they can deposit their items for reclining. With RVMs available in most metropolitan cities, usually, next to supermarkets, everybody can have the opportunity to earn. The final step is to upload the receipt to the application from the RVM – providing users with rewards.
Ecoterra goes beyond recycling to earn. It also has a Recycled Materials Market, a Carbon Offset Marketplace, and an Impact Trackable Profile – which all provide rewards to users.
Overall, Ecoterra is redefining the meaning of GameFi by turning the recycling process into a fun game where users can earn rewards.