While stocks weakened on Friday, Bitcoin and other cryptocurrencies remained mostly steady. After the release of a stronger-than-expected US jobs report for November — 263,000 jobs were added last month, 200,000 more than expected — investors became worried that inflationary pressures may continue to dominate markets.
“Friday’s stronger-than-expected jobs report gives the Federal Reserve more reason to keep raising interest rates and maintaining tight monetary policy at least until the labor market weakens, which is a sign the market doesn’t want to hear,” Robert Schein, chief investment officer at Blank Schein Wealth Management said.
Unfortunately, we are still in a bear market for cryptocurrency. However, this doesn’t mean that now is not a good time to invest. On the contrary, many people believe that bear markets are actually ideal times to buy assets at lower prices in preparation for the next bull market. One way to find discounted tokens is through presales before they hit the market.
When selecting presale tokens, it is important to only choose those with a demonstrated use case, reliable investor support, and strong development teams, however. Some examples of such tokens are D2T, TARO, IMPT, and RIA.
Dash 2 Trade (D2T)
No matter the current market state, Dash 2 Trade will help cryptocurrency investors by providing them with sentiment tracking, data analysis, and strategy-building tools.
Some features that Dash 2 Trade will offer are:
Buy/sell trading signals
Social sentiment analysis
On-chain analysis for identifying trending coins
Social trading tools that make it easy to try new strategies
A strategy builder
A scoring system to assess crypto presales
Crypto Listing Alert to ensure that you are always up-to-date on new listings
Trading competitions
The D2T token is crucial for accessing Dash 2 Trade’s platform functions. So far, the presale has raised $7.8 million and is now in stage 3 at 83%. It will soon proceed to its final stage 4, where the price per token will be increased to $0.0533.
The D2T presale dashboard beta will come out soon, and the website has several new features, such as pictures of the dashboard and a matrix showing how it competes with similar products. You can also now find information about the team on the site.
RobotEra is a gaming platform integrating play-to-earn gaming with NFT-based unique digital assets and metaverse world-building. Players take control of robot companions to inhabit the destroyed planet of Taro using in-game tools that don’t require any coding knowledge.
In RobotEra, players can make money by doing things like quests, community events, and staking. They can also sell space on billboards or structures in the game world. Additionally, players can host events and charge admission to them.
In 2023, the project plans to integrate virtual and augmented reality (VR/AR) into the game. With such a variety of features, RobotEra enables players to create and monetize their own worlds, thereby generating income even during bear markets.
Since presale launch, RobotEra has raised over $327,000.
The IMPT token aims to facilitate contributions to climate change initiatives. It does this by allowing the buying and selling of carbon credits, which will then fund eco-sustainability projects globally. This system will provide companies with ESG friendly operations easier access to funds and give their customers/users an opportunity to support the company’s causes.
Consumers that shop at IMPT’s affiliate companies receive IMPT tokens as a rewards. These tokens can be traded for carbon credits on the blockchain 24/7/365. The company’s innovative platform has already partnered with over 25,000 affiliates, including big names such as Netflix and Microsoft.
IMPT has so far raised $13.5 million from investors in its presale campaign, which demonstrates that it is likely to succeed even during a bear market.
In Calvaria: Duels of Eternity, players use non-fungible token (NFT) trading cards to create strategies and compete against each other in an after-life themed world.
RIA is the token for NFT purchases and trades in Calvaria’s internal marketplace, while also giving holders governance power over the game’s decentralized autonomous organization (DAO). The digital asset can also be staked by those looking to earn some extra money passively.
With the game’s presale raising $2.2 million so far, developers are ending the presale early and have dropped the number of available tokens from 300 million to 150 million.
