Though Axie Infinity (AXS), the cryptocurrency that powers one of Web3’s leading play-to-earn crypto games Axie Infinity, has now pulled back by close to 20% from the highs it hit above $14 per token just a few days ago, the cryptocurrency is still up around 90% this month.
AXS/USD was last changing hands just below $11.50 and some are hoping that the latest revival might be the start of a broader move to the upside for the cryptocurrency. AXS is still down around 93% versus the record highs it printed in late 2021 in above $170. But the latest near 140% trough-to-peak rally is the largest rebound that AXS has seen since the bear market began.
Past bear market rallies had seen trough-to-peak rebounds of around 70-80% before AXS then turned lower once again. Thus, the latest rebound is being interpreted by some as more than just another bear market rebound. AXS isn’t the only altcoin to have seen explosive gains this month, as investors increasingly return to the most speculative corners of the crypto investment space as risk appetite returns.
Perhaps one of the best potential ways that investors might be able to secure 10x gains is via investing in token presales. Here is a list of tokens that the Cryptonews.com Industry Talk team think have the potential to explode when they move from the presale stage to trading on exchanges later this year, assuming the rebound in altcoins continues.
Meta Masters Guild (MEMAG) – Stage 3 Nearly Complete
Meta Masters Guild is an up-and-coming mobile-based web3 gaming ecosystem that is developing a host of fun and addictive games. The games will utilize non-fungible tokens (NFTs), allowing community members to earn rewards, as well as stake and trade. The platform hopes to in the future host dozens of viral games. Its first game, Meta Karts Racers will be released later this year.
Meta Masters Guild is currently conducting a presale of its MEMAG tokens to fund further game development, and the presale is already proving to be one of the hottest of 2023. In just a few weeks, the crypto start-up has already managed to raise a whopping $1.378 million via MEMAG sales.
Tokens are currently selling for $0.0013 each, but this price will have risen to $0.023 by the seventh stage of the presale, meaning early investors could be sat on paper gains of over 77%. Interest investors should move quickly to secure tokens ahead of the next price rise in just under six days.
Fight Out (FGHT) – Presale on Now
The young move-to-earn crypto niche has shown a lot of promise, but early success stories like STEPN have significant limitations that have, so far, prevented them from conquering the mainstream. Fight Out, which touts itself as the future of move-to-earn, wants to change that in 2023. Fight Out is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges, and competing within a first-of-its-kind fitness metaverse.
While existing M2E applications such as STEPN only track steps and require expensive non-fungible token (NFT) buy-ins to take part, Fight Out takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and doesn’t require any expensive buy-ins to take part. Fight Out seeks to combine the physical and web3 worlds.
The project aims to eventually acquire gyms across all of the world’s major cities, whilst simultaneously promoting an integrated web3 fitness experience. At the center of Fight Out’s digital ecosystem will be its smartphone application which, according to Fight Out’s whitepaper, is scheduled for launch in Q2 2023.
The Fight Out app will harness smartphone and wearable technology to measure and track physical performance. The app will have its own in-house tokenized economy, where users can earn rewards for completing M2E tasks, and can mint their own soul-bound token avatar, through which the user will be able to interact with the Fight Out metaverse.
FGHT is the token that powers the Fight Out metaverse ecosystem. Users will pay to enter competitions and leagues with FGHT, and winning will be paid out in FGHT.
FGHT can also be used in peer-to-peer fitness wagers. Fight Out’s FGHT tokens are currently selling for 0.01714 each, and interested investors are encouraged to move fast to secure their tokens as this price is set to rise again in less than 12 hours. The pre-sale having already raised over $3.4 million in just a few weeks and looks like it may hit the $15 million hard cap ahead of 31st of March, when the presale is scheduled to end.
C+Charge (CCHG) – Presale Now On
The carbon credit industry is projected to be worth $2.4 trillion by 2027. Democratizing access to accrue these benefits is going to massive business in the years ahead and this is something crypto start-up C+Charge hopes to achieve. C+Charge is currently building a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations that will allow the drivers of electric vehicles (EVs) to earn carbon credits.
C+Charge aims to boost the role of carbon credits as a key incentive for the adoption of EVs. At present, large manufacturers of EVs like Tesla earn millions from selling carbon credits to polluters. C+Charge wants to democratize the carbon credit market by allowing more of these rewards to find themselves in the hands of the EV owners, rather than just the big businesses.
C+Charge has just started its pre-sale of the CCHG token that its platform will use to pay at EV charging stations. Tokens are currently selling for $0.013 each, though by the end of the presale, this will have risen by 80%. Investors interested in getting in early on a promising environmentally friendly cryptocurrency project should move fast, with the project having already raised over $385,000 in just a few weeks since the presale launch.
Investors should note that the remaining tokens could be scooped up quickly. A crypto whale recently scooped up over $99 worth of CCHG in one transaction, as can be verified here on BscScan.
