the bull ran in bonk!, Dog Meme Coin, the first Solana-based one, may have run its course. BonkA token issued on the Solana blockchain that was circulated for free to Solana investors throughout the ecosystem a few weeks ago is falling sharply on Friday.
According to DEX Tools, BONK/USD, which last changed hands around $0.0000016 per coin, has now lost nearly two-thirds of its value from a record high of $0.0000048 in early Thursday trading.
BONK’s rapid rise to fame has made big news in recent weeks, with some claiming the cryptocurrency has revived hope within the Solana crypto ecosystem. Trading has been spectacularly volatile in recent days as the cryptocurrency has been listed on more exchanges.
The team behind BONK recently announced that they will be burning the 5 trillion tokens allocated to them in an attempt to drive up the price once again.
But the failure of BONK price to bounce back suggests that the market is currently more concerned about reducing speculative excess in the coin than token supply.
Altcoins to consider
Investors looking to diversify their cryptocurrency portfolios within so-called “penny cryptos” couldn’t be more interested in Bonk! Here is a list of alternative penny cryptos to consider that are still in the pre-sales phase, which may also offer bullish short-term play potential. The difference is that all cryptocurrencies on this list are backed by promising projects and excellent utility/use cases.
FightOut (FGHT) – Start Selling Now
The young move-to-earn crypto niche has shown a lot of promise, but early success stories like STEPN have significant limitations that, so far, have prevented them from conquering the mainstream. FightOut, which bills itself as the future of move-to-earn, wants to change that in 2023. FightOut is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges and competing for the first time. -The fitness metaverse of its own kind.
While existing M2E applications such as STEPN only track steps and require expensive non-fungible tokens (NFTs) to participate, FightOut takes a more holistic approach to tracking and rewarding its users for their exercise and activity , and it doesn’t require any costly buy-in to participate. FightOut attempts to merge the physical and web3 worlds.
The project aims to eventually have gyms in all major cities around the world, as well as promote a unified Web3 fitness experience. At the heart of FightOut’s digital ecosystem will be its smartphone application, which is scheduled to launch in the second quarter of 2023, according to FightOut’s whitepaper.
The FightOut app will use smartphone and wearable technology to measure and track physical performance. The app will have its own in-house token economy, where users can earn rewards for completing M2E tasks, and mold their own soul-bound token avatars, through which users can interact with the FightOut Metaverse. Will be able
FGHT is the token that powers the FightOut Metaverse ecosystem. Users will pay to enter competitions and leagues with FGHT, and winnings will be paid in FGHT.
FGHT can also be used in peer-to-peer fitness bets. FightOut’s FGHT tokens are currently selling for 60.06 per 1 USDT, and interested investors are encouraged to act fast to secure their tokens, with pre-sales already underway in just a few weeks. Over $2.7 million has been raised. FGHT is the token that will power the FightOut crypto ecosystem.
Dash 2 Trade (D2T) – Over-funding round to end, CEX listing imminent
Those looking to invest in a promising crypto trading platform start-up should look no further than Dash 2 Trade. The upcoming analytics and social trading platform is expected to take the crypto trading space by storm with several unique features. These include trading signals, social sentiment and on-chain indicators, a pre-sale token scoring system, a token listing alert system, and strategy back-testing tools.
Dash 2 Trade’s ecosystem will be powered by D2T tokens, which users will need to purchase and hold in order to access the platform’s features. Dash 2 Trade is currently conducting a token pre-sale that was originally supposed to end a few days ago, but has been continued due to massive token demand.
The total raised recently exceeded $13.7 million in just four days for the token set to be listed on its first centralized cryptocurrency exchange. Investors should move quickly to secure tokens before the volatility begins. The tokens are currently selling for $0.0533 each.
C+Charge (CCHG) – Pre-Sale On Now
Carbon credits estimated to be worth the industry $2.4 trillion by 2027, Democratic access to reap these benefits is going to drive massive business in the coming years and it is expected to gain some crypto start-ups the C+ charge. C+Charge is currently building a blockchain-based peer-to-peer (P2P) payment system for EV charging stations that will allow drivers of electric vehicles (EVs) to earn carbon credits.
C+Charge aims to promote the role of carbon credits as a key incentive for the adoption of EVs. Currently, large manufacturers of electric vehicles such as Tesla make millions by selling carbon credits to polluters. C+Charge seeks to democratize the carbon credit market by allowing more of these awards to find themselves in the hands of EV owners rather than just large businesses.
C+Charge has just launched its pre-sale of CCHG tokens that its platform will use to make payments at EV charging stations. The tokens are currently selling for $0.013 each, although this will increase by up to 80% by the end of the presale. As such, investors interested in getting into the early stages of an eco-friendly cryptocurrency project should act fast.
Calvaria (RIA) – Final pre-sale phase now
Major blockchain-based games such as Axis Infinity have lost significant traction in 2022. As a result, many investors interested in the crypto gaming space are looking for alternative avenues. Calvaria, an emerging play-to-earn battle card crypto game, could be a good option. Calvaria seeks to promote crypto adoption by creating a bridge between the real world and crypto, a fun and accessible crypto game.
Investors should consider Calvaria’s RIA Token Pre-Sale. Calvaria has now raised $2.68 million, after a crypto whale netted $97.5K in a single buy last month. The presale is in its final stages, with only 13% of the tokens left.
Robotera (Tarot) – On Presale Now
robot era Robot/Space-themed gaming coming soon metaverse Which plans to include a mix of play-to-earn and player-versus-player games within its interactive world.
The Meta-Verse gaming startup is expected to launch in 2023. Ahead of its launch, it is conducting its pre-sale. Taro Tokens that will be used as in-game currency. Within weeks of launch, Robotera raised over $675,000.
The coin is currently selling for $0.02, but this price will soon rise to $0.025, so interested investors should get in quickly. Robotera also plans to start selling NFT robots that players can use within its metaverse soon. Investors who have already acquired a few tarots should keep watching.
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