Is it worth investing in cryptocurrency – 3 coins with growth potential

In recent years, cryptocurrencies have outperformed most asset classes, including stocks, gold and real estate. Despite market fluctuations and associated risks, token proponents argue that the new generation of digital assets has huge potential for growth.

However, against the background of all altcoins, experts highlight three coins – Wall Street Memes, Sonik and Launchpad XYZ. Let’s take a look at the innovative features of each project, as well as their development trajectories after the pre-sale is over.

3 promising coins with growth potential in September

The list of promising altcoins, according to experts, includes both tokens with utility and meme coins that exist due to community interest:

• Sonik, a stealth meme-coin that was inspired by a game character. During a one-stage presale, the project has so far raised $600k. The token can be purchased for $0.000014.
• Wall Street Memes is a new meme coin launched by the creators of the Web3 project NFT Wall St Bulls. The presale is almost complete, almost $30 million has been raised in three months. Investors have the last opportunity to buy the token at a discount before it goes public on September 27 – for $0.0337.
• Launchpad XYZ is a project specializing in Web3 investments, providing real-time cryptocurrency data and other useful tools. The LPX coin is selling at a pre-sale discount for $0.0445. More than $1.4 million has already been raised.

Wall Street Memes

Wall Street Memes is a new cryptocurrency project whose developers aim to create a level playing field for retail investors and weaken Wall Street’s control over the financial system. The main tool to achieve this goal will be their own token, WSM.

In line with the mission to empower small traders, 100% of WSM’s offering will go to buyers. This means that the Wall Street Memes team is holding one of the fairest pre-sales this year. This feature, according to various analysts, puts this cryptocurrency among the rare meme projects with real prospects.

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Thus, youtuber and crypto columnist No Bs Crypto believes that WSM is expecting a big rally, which can bring high profits to those who missed out on PEPE, DOGE and SHIB. Other popular crypto investors such as Jacob Crypto Bury, Michael Wrubel, CryptoWendyO and Cilinix Crypto are also talking about the coin’s prospects.

The influence of the Wall Street Memes investment community is so great that even one of the richest people in the world and the most popular Twitter user, Ilon Musk, knows about the project. The billionaire has already responded to the community’s tweets several times.

The coin is getting closer and closer to a new fundraising milestone, as at the time of writing, the final 31 stages of the pre-sale are underway. Nearly $30 million has now been raised. So far, the token can be purchased at a presale price of just $0.0337. On September 27, it is planned to go public on exchanges.

Additional pluses of the project include:

• Wall Street Memes is viewed by more than 40 million people every month.
• The Wall Street Memes community has a million fans, and since the beginning of the presale, more than 70,000 people have subscribed to the project’s channels.
• The meme coin is run by a renowned team that has produced two NFT collections.
• The platform has launched a steaking mechanism with 108% APY (Annual Percentage Yield).

Sonik

Another new cryptocurrency that is trending right now is Sonik. This meme coin is based on a character from the popular blue hedgehog game. It’s worth noting that the new altcoin is not directly related to the character created by SEGA. Nevertheless, a reference to a favorite character can bring success, and the SPONGE token is an example of this.

Moreover, despite the fact that SONIK is a classic meme coin, it has utility. Investors can earn passive income thanks to the steaking mechanism. As explained on the startup’s official website, the rewards of token holders will vary. Profits depend on factors that determine the cryptocurrency’s annual yield, such as the number of units in the stake, as well as the total number of SONIKs in the pool.

Author: Saifedean Ammous, an expert in cryptocurrency economics.