2024 is shaping up to be another groundbreaking year in cryptocurrency.
As we move deeper into Q2, a new batch of crypto presales and initial coin offerings (ICOs) are capturing investors’ attention.
From virtual reality (VR) platforms to meme-inspired tokens, these five upcoming launches could be worth watching.
1. Dogeverse (DOGEVERSE)
Leading off our list of presales to watch in 2024 is Dogeverse (DOGEVERSE), a meme coin project that aims to be the world’s first “chain-traveling Doge.”
Using bridging technology, the DOGEVERSE token will be interoperable across six blockchains, including Ethereum, Solana, Avalanche, and Base.
This cross-chain capability allows DOGEVERSE holders to quickly transfer their tokens between different ecosystems to access unique features and applications.
The Dogeverse project will also feature a staking mechanism providing estimated annual yields of 112%.
Thanks to its comedic visuals and viral marketing, Dogeverse has already raised over $9.7 million during its ongoing presale.
As the team gears up for exchange listings in the coming weeks, this could be a meme coin worth watching.
2. Slothana (SLOTH)
Another meme coin presale gaining traction is Slothana (SLOTH), a Solana-based project inspired by the “sloth office worker” meme.
This project aims to replicate the viral success of other recent Solana meme coins like BONK, WIF, and BOME.
Slothana’s relatable mascot and no-utility approach has already generated massive buzz across crypto Twitter.
Additionally, the project’s “send SOL, get SLOTH” presale model has also proven to be a hit.
It allows investors to easily participate by transferring Solana to a designated wallet address.
With over $10 million in presale funding raised, Slothana’s team is preparing for the token’s first DEX listing next week.
Given the anticipation around the project, SLOTH may be another meme coin to keep an eye on.
3. 5thScape (5SCAPE)
Bringing something completely different to the table is 5thScape (5SCAPE), a project that’s building a next-gen VR and metaverse ecosystem on the Ethereum blockchain.
The 5SCAPE token will serve as the backbone of this ecosystem, which aims to revolutionize VR entertainment.
5thScape’s team plans to develop a suite of hyper-realistic VR games spanning genres like combat, racing, sports, and even archery.
The team will also create premium hardware like the “VR Ultra” headset and “SwiftScape” motion chair to provide an unparalleled gaming experience.
With a comprehensive roadmap and over $5 million raised in its presale so far, 5thScape is positioning itself as another upcoming crypto launch to watch.
4. LightLink (LL)
LightLink (LL), an Ethereum Layer-2 solution aiming to reshape user interaction with dApps, is dedicated to making blockchain transactions truly gasless.
LightLink has developed a proprietary “Enterprise Mode” that enables dApp developers to whitelist their contracts, allowing end-users to tap into fee-less transactions from MetaMask.
For enterprises and projects building on LightLink, this alleviates one of the biggest friction points of onboarding new users.
Instead of dealing with gas fees, a fee-free experience can be offered through a simple monthly subscription model paid by these developers.
With over 10 million discounted transactions already completed during its testnet and more than $6 million raised in its ICO, LightLink (and its native LL token) could be on track for a successful launch.
5. Mocaverse (MOCA)
Rounding out our list of presales to watch in 2024 is Mocaverse (MOCA), the highly-anticipated NFT membership collection and community platform from Animoca Brands.
The MOCA token serves as the utility and governance token for this “Open Metaverse” ecosystem that aims to unite Animoca’s network of companies, investors, partners, and fans.
Holders will gain access to exclusive events, learning experiences, games, and digital worlds created by the Animoca universe.
At the time of writing, the project has already raised over $31 million from early investors.
Driven by the incredible success of previous Animoca projects, like The Sandbox, the Mocaverse ICO is shaping up to be one of the year's most-watched new gaming launches.