12 Best ICO Crypto Tokens to Watch & Invest in July 2024

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Initial coin offerings (ICOs) enable investors to buy quality cryptocurrencies before they are listed on an exchange. In turn, this enables investors to secure an early-bird discount on their ICO investment.

The top ICOs offer the chance to get into new and exciting projects ahead of the rest of the market, although they do come with increased risk over longer-established cryptos as they have no proven utility or market.

In this guide, we explore the 12 best crypto ICOs for July 2024.

Scotty AI ($SCOTTY)

• Buy and Stake for 132% Rewards
• Substantial ROI potential
• Leading Figure in Ai Security Adoption

Project Launched

2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Matic
• 
  Card
• +1 more

Buy Now

Sponge V2 (SPONGEV2)

• Stake-to-Bridge System
• Play-to-Earn Game
• 40% Staking APY

Project Launched

December 2023

Purchase Methods

• 
  Card
• 
  USDT
• 
  ETH

Buy Now

eTukTUk ($TUK)

• Green Transport Focus
• Power Staking Rewards
• Digital Identity Development

Project Launched

March 2023

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Card

Buy Now

Bitcoin Minetrix (BTCMTX)

• Eco-Friendly Mining
• Democratizing Mining
• Dynamic Staking System

Project Launched

September 2023

Purchase Methods

• 
  ETH
• 
  BNB
• 
  USDT
• 
  Card
• +1 more

Buy Now

Scorpion Casino ($SCORP)

• Blockchain-Powered Casino
• Massive Giveaway
• Free Credits Upon Entry

Project Launched

2023

Purchase Methods

• 
  USDT
• 
  BNB
• 
  ETH

Buy Now

Reviewing The Best ICOs of This Year

Read on to discover our full analysis of the best crypto ICOs in 2024.

#1. Green Bitcoin- The environmentally sound version of Bitcoin could be the future

We mentioned in the opening blurb that the ETF developments in the crypto world have been great as they have legalized the market and brought it into the mainstream. However, what also needs to be considered with this development is Bitcoin will now become the subject of much more regulatory scrutiny. This is why Green Bitcoin (GBTC) could be so important.

Very soon after the Bitcoin ETFs were approved by the SEC, it was announced that the US Department of Energy would be investigating the mining process behind Bitcoin. They will record how much energy the process uses over 6 months. Given the upcoming elections in the states, crypto and Bitcoin are likely to be a battleground.

Green Bitcoin, while modeled off the market’s number one token, is actually on the number two token’s network. Being on the Ethereum blockchain means all staking uses 10,000 times less energy than traditional Bitcoin. This means you get all the benefits of being a token inspired by Bitcoin but with the green advantage being on Ethereum’s network brings.

The project is much more than just this too. They also have an innovative way for users to stake their tokens and earn their rewards. This is the usual way, where investors can stake their GBTC tokens over a period of time and then reap the rewards that come from a very decent APY%. However, there is also a second more fun way.

This involves staking every day and predicting whether the price of BTC will go up or down. This is how it works: Investors place your Green Bitcoin price prediction by the 11:31 PM EST deadline. When the new day rolls over at 12:11 AM EST, a fresh round kicks off, letting you stake and submit your next price call.

At midnight, the platform tallies the day’s stakes against the actual Bitcoin price trend and accurate predictions earn a cut of the day’s mining fee rewards, distributed every ten-minute mining interval.

#3. Sponge V2- One of the best ICO crypto tokens to watch is actually an old favorite 

We think that in years to come, when we look back at 2023, we will remember it as the year of the meme coin. They dominated the market and the media attention. That meant the competition was stiffer, so Sponge Token (SPONGE) standing out as one of the best tokens is even more impressive than it might seem. Now we have Sponge V2 ($SPONGV2), the rebirth of this meme coin.

The new token will be purchasable via a stake-to-bridge system. How this works is quite innovative and will reignite interest in the initial token while building a strong foundation for version 2 to thrive on. When buying or staking Sponge V1 through the website, the user will receive an equivalent amount of Sponge V2. These will then be claimable once the allocation of V1 runs out and V2 is launched.

If $SPONGEV2 can even have a percentage of the success that the first version had it will be a great success. Birthed in the aftermath of Pepe Coin, Sponge Token was launched on Uniswap with very little fuss. However, it went from strength to strength after this.

The meme coin pumped by an amazing 340% and made investors very rich almost overnight. It also hit a market cap of over $100 million at its peak. It’s social following also exploded with over 30k followers across its platforms. Its popularity also led to it being listed on exchanges like LBank and Gate.io. The version 2 token will hope to follow this lead and stake-to-bridge should ensure an easy transition.

The staking adds a lot of valuable utility to the second version of SPONGE, which should help insure against any big dump off of tokens. More utility will later be added through a P2E game that is going to be the crabby patties of the meme coin world. There will be free and paid versions of the game, the latter will allow users to earn even more $SPONGEV2.

#4. eTukTuk – Green Crypto Rewarding A Switch To Electric Vehicles By Increasing Drivers’ Earnings by 400%

The eTukTuk platform in Sri Lanka aims to transform traditional TukTuks into electric vehicles, helping reduce carbon emissions and increasing economic opportunities. This shift towards electric power will reduce carbon emissions and make the air cleaner.

Furthermore, eTukTuk could boost TukTuk drivers’ income by 400% due to lower operating costs. At press time, ETukTuk’s native crypto, the $TUK token, is in its whitelist stage.

Sri Lanka, home to numerous TukTuks, is an optimal location for launching this platform. Moreover, the project has gained backing from The Capital Maharaja Group, a prominent Sri Lankan conglomerate, promising the affordability and availability of electric vehicles and charging stations.

The plan also includes installing solar-powered Electric Vehicle Supply Equipment (EVSE) across the city and suburbs. 

As per the eTukTuk whitepaper, token holders are incentivized to stake their tokens to support these charging stations and could earn attractive annual returns.

Besides the environmental impact, eTukTuk aims to address social inequality by leveraging blockchain technology to assign digital identities for increased financial inclusion.

In essence, eTukTuk seeks to show the potential of green technology to create a future where sustainable transportation and economic growth coexist without harming the environment. 

Stay updated on the progress of eTukTuk by joining their Telegram channel.

#5. Frog Wif Hat- This ICO could turn into the biggest meme coin of 2024

Meme coins were the star of 2023 and it looks like they are going to steal the limelight again in 2024. Because of this newfound attention and, more importantly, the new influx of cash, projects have been developing in order to win over investors. As you will see from other ICOs in this piece, utility has become a big part of meme coin projects. Frog Wif Hat (FWIF) is not quite one of these coins.

Frog Wif Hat is a throwback meme coin that is backing on its ability to go viral to be the key to its success. Excuse the rhyming, but there are two animals that have ruled the meme coin universe, dogs and frogs. This meme is the latter but with a twist, he is French, and when we say French, we mean French.

Frog Wif Hat can often be seen with a beret, a baguette, and an annoyed look on its face for having to deal with anyone who isn’t French. The meme coin is hoping to follow in the footsteps of Dog Wif Hat which comes from the Solana network and pumped by over 1000% since its launch. 

Rumour has it that this isn’t the only connection the project has either. It has been mentioned that the people behind Pepe Coin and Bonk Coin, two of the most successful meme coins of recent times, are also involved with Frog With Hat. We can see a lot of similarities here, too as this meme coin seems dedicated to virality. With no allocation toward marketing or development, this coin is for the people.

A look at the roadmap for the future of Frog With Hat and we can see how this is a project that knows what a meme coin is supposed to be. Besides reaching a decent total of holders and hitting a high market cap, the project just wants to hang out, drink some wine, and maybe even eat some frog legs.

#7. Scorpion Casino – Crypto-Betting And Gaming Platform With Passive Income Opportunities, Raised Over $460K

Scorpion Casino, an emerging online gaming and sports betting platform, leverages blockchain to offer a unique gaming experience.  

Licensed by Curacao EGaming, the platform offers various games and betting options. It features over 360 games, live betting, and strong fair-play measures.

The platform’s native SCORP token is currently up for presale at $0.014 USDT, with a projected listing price of $0.05 USDT. 

The presale has already raised over $460K, offering token holders a promising passive income opportunity of up to $10,000 USDT daily.

Scorpion Casino includes a gaming platform, a SCORP token, and a rewarding affiliate system. The affiliate system boosts user activity with rewards, while the SCORP token grants governance rights and additional user benefits.

With a total supply of 1 billion, SCORP is the platform’s primary transaction method. As the platform grows, token holders can expect regular bonuses, free games, and a slice of transaction taxes.

There’s an extra 1% burn tax per transaction to create deflation. This slowly decreases the circulating supply of SCORP tokens, enhancing their value due to scarcity.

Also, to promote fairness and user engagement, substantial tokens are reserved for the presale and rewards for affiliates. Scorpion Casino aims to transform online gaming and sports betting into a fair, lucrative, and engaging experience through these features.

For updates, join the Scorpion Casino Telegram Channel.

#8. CyberConnect – Bringing Decentralization and NFTs to Social Media 

CyberConnect is another one of the best upcoming ICOs to watch. CyberConnect is revolutionizing the social media industry and through blockchain technology, it is creating a decentralized alternative to Facebook, Twitter, and Instagram.

Its ecosystem will enable developers to create social apps and tools that respect privacy. What’s more, social media profiles on CyberConnect are backed by NFTs on the Ethereum blockchain. Posted content, such as photos and images, are also backed by NFTs. This ensures ownership remains in the hands of the user.

Another feature of CyberConnect is encrypted messaging. This ensures that users can chat in complete privacy without fear of a Facebook-style data leak.

The CyberConnect ICO is about to start, with three million CYBER tokens being sold. This ERC-20 token is priced at $1.80 per CYBER. The ICO only accepts USDT.

#9. SupraOracles – Fast, Scalable, and Secure Oracles for the Web3 Era 

SupraOracles is an innovative project that specializes in oracles. In a nutshell, oracles connect blockchains with off-chain data from the real world. For example, consider a smart contract that pays out an insurance claim automatically if a flight is delayed by more than three hours.

SupraOracles provides this information autonomously by extracting data from trusted sources. This enables smart contracts to revolutionize every industry imaginably. For example, financial services, gaming, prediction markets, cybersecurity, retail payment, and much more.

SupraOracles also claims that its underlying protocol is faster and more secure than oracle providers. What’s more, SupraOracles will also support cross-chain functionality. This will enable two or more blockchains to collectively extract data from the real world.

The SupraOracles ICO is scheduled to begin in May 2023, visit the SupraOracles website to get the whitelist.

#10. Tectum – Layer 2 Solution for Bitcoin With Over 1 Million Transactions per Second  

Tectum has developed a layer-2 solution for the Bitcoin blockchain. Put simply this means that Bitcoin transactions can operate more efficiently.

For example, the original Bitcoin blockchain can only handle seven transactions per second – Tectum claims that its proprietary solution will handle over one million transactions per second.

Moreover, Tectum also is also revolutionizing Bitcoin fees with its SoftNote solution supporting fee-free transactions. That said, it is important to remember that Bitcoin is also supported by the Lightning Network. As such, Tectum will need to convince investors that its layer-2 solution is more efficient.

If it does, this could be one of the best ICO cryptocurrency projects to watch. The ICO is already underway, with 8% of the total token sold so far – Tectum has set a soft and hard cap of $2 million and $10 million respectively. Currently, Tectum tokens are priced at $3 each.

#11. Backstage – Event Management and Ticket Sales via Web3 Technologies 

Backstage is creating a sea-change in the entertainment industry through Web3 technologies. The project – which serves event organizers like nightclubs and football clubs, streamlines the end-to-end consumer experience.

For example, Backstage enables companies to offer NFT ticket experience, with each ticket backed and secure because of blockchain technology and a collectible in its own right.

Furthermore, Backstage will also enable event organizers to accept crypto payments – online and offline. In addition, all ticket sales and transactions will be posted to the blockchain, which  will provide event organizers with a secure and efficient auditing process.

The use of blockchain and cryptocurrencies will also enable entertainment companies to reduce transaction fees. This is because tickets can be sold directly to consumers. The Backstage ICO is selling BKS tokens at $0.02 each. 19% of the total supply will be sold.

#12. Artyfact – Decentralized Ecosystem for AAA Quality Play-and-Earn Games 

Artyfact is our final pick for the best ICO tokens and is a project that’s developing a decentralized ecosystem for play-and-earn games. All supported games will be accessible via its metaverse world.

What’s more, Artyfact states that all titles will be of AAA quality – this will ensure that players remain engaged with games, rather than focusing exclusively on earning rewards. After all, many argue that play-to-earn games have proven to be unsustainable in the long run.

The in-game currency of this gaming ecosystem is ARTY. Users will earn ARTY when completing tasks and progressing through their chosen game, while users can also earn NFTs when exploring the Artyfact metaverse.

The Artyfact ICO is currently ongoing and has already raised $1.3 million, over half of its $2.4 million target. Currently, Artyfact is offering ARTY tokens at $0.30 each – the ICO will end on June 30, 2023, with tokens set for listing on LBank.

What is a Crypto ICO?

Initial coin offerings (ICOs) – also commonly referred to as presales – are a fundraising process run by new cryptocurrency projects. In simple terms, ICOs enable new projects to raise funds from investors.

The process is very similar to initial public offerings (IPOs) but instead of providing early investors with stocks, ICOs distribute their native cryptocurrency tokens.

The best crypto ICOs offer the benefit of a first-mover advantage before the tokens are listed on exchanges. And just like IPOs, ICO investors usually receive a discounted cost price to generate hype funds for the project’s future development.

This often enables investors to secure an immediate upside on their ICO investment as the ICO token will likely be listed at a higher price when it reaches the wider public.

One of the most notable ICOs of all time was run by Ethereum. In 2014, Ethereum sold ETH tokens at just $0.31 each. Investors in the Ethereum ICO have since witnessed life-changing returns, with ETH currently priced at more than $1,800.

Investors must remember that not all ICOs are successful and, in fact, most will never realize their roadmap objectives.

This makes ICO investing challenging, especially considering how many new cryptocurrencies enter the market each day. Research, due diligence, and diversification are so important.

How do Initial Coin Offerings Work?

The vast majority of initial coin offerings work in the same way.

• First, the new project will create its native token. This will usually be built on top of a legacy network like Ethereum or Binance Smart Chain.
• The crypto project will then offer its native tokens to early investors, usually at a discount. Investors will need to use an established cryptocurrency to invest in the ICO. This will vary depending on the project but is usually a choice between ETH, BNB and USDT.
• Once the investor has completed their purchase, they will receive their ICO tokens. This will either be when the investment is made or after the ICO finishes.
• Investors are then free to do what they wish – sell them on exchanges or hold for the long term.

Some of the best ICOs have ‘staged’ pricing. This means that after each batch is sold, the ICO price increases. For example, the yPredict ICO is currently offering $YPRED tokens at $0.07. But by the final round, this will have increased to $0.11 – an increase of 57%.

Nonetheless, after the ICO campaign is over, the crypto tokens will then be listed on exchanges. This enables those who missed the ICO to buy the token and also enables ICO investors to sell their tokens, should they wish to lock in an immediate upside.

Depending on how much hype the ICO creates, the exchange listing can be a monumental moment for the project. That is to say, if the ICO token witnesses huge buying pressure, it can go on to generate significant growth. But equally, some ICO tokens do the complete opposite. As such, consider the risks before investing in crypto ICOs.

How to Evaluate the Worth of an ICO Token

Evaluating the worth of the best ICO tokens should come from thorough research and general market sentiment – the top ICOs tend to have robust tokenomics, huge followings on social media, new and unique Web3 concepts, and, in ideal cases, an experienced and transparent team.

As we discuss in more detail later, reading the project’s whitepaper, going through its social media pages to gauge sentiment and researching the website will give potential investors a solid overall understanding of how new ICOs may perform.

It is also important to understand that even if a project ticks all the boxes for potential success, it is not guaranteed but more of a marker to potential success.

Furthermore, as has been shown with the meme coin frenzy, speculative crypto investors often value rapid growth potential over fundamentals or long-term utility – some projects may take much longer to reach their potential than others.

Investors should be aware of their own appetite for risk and patience.

Why Invest in ICO Cryptos?

In this section, we explain some of the benefits of investing in crypto ICOs and how to decide what ICO to invest in.

Are ICOs Worth Investing?

In short, yes, the best upcoming ICOs are absolutely worth investing in, but they come with a much higher risk factor than longer-established cryptos as they have no proven utility or market for their services.

As mentioned above, it is crucial that investors are aware of their own patience, appetite, and tolerance for risk and realize that even the best new ICO cryptos are not guaranteed to be successful.

Some projects generate huge hype in their ICO, explode in price, then retrace and never pick up momentum again, while others take months and years to complete the targets on their roadmap – with the price of the tokens seeing volatility in between.

Investors can use different strategies for their top ICO list. In late 2022, for example, Tamadoge offered TAMA tokens for $0.01 in the first ICO stage and then listed them on exchanges for $0.03.

Those who sold immediately upon listing were able to all but guarantee 200% gains, turning $100 into $300 and minimizing their risk and exposure to a drop in price. However, by selling early, those investors missed out on TAMA’s quick rise to $0.194 – a 1,900% gain.

Invest in Brand New Projects 

One of the main attractions of ICOs is that they offer exposure to brand-new projects. In fact, the respective cryptocurrency token will not trade on public exchanges until after the ICO. This offers early-bird access, often to new and innovative concepts.

• This is similar to investing in stock IPOs.
• For example, those investing in the Tesla IPO in 2010 were taking a major bet that electronic vehicles would eventually take off.
• Back in 2010, the markets were still undecided on this concept.
• However, investors have since been handsomely rewarded, with Tesla stock up nearly 13,000% since its IPO.

This concept is much the same as crypto ICOs. For example, those buying ETH tokens during Ethereum’s 2014 ICO have since witnessed gains of over 1.6 million percent. But back then, nobody quite knew whether Ethereum would be successful.

Discounted Entry Price 

Some of the best ICO cryptos offer a discounted entry price. This means that the tokens will be listed on exchanges at a higher price than ICO investors paid.

For example, yPredict is currently selling YPRED tokens at $0.07 each. After the ICO, YPRED will be listed on exchanges at $0.12. This means that current ICO investors will see an upside of 70%.

Securing an ICO discount can also help amplify gains if the token takes off. For example, suppose that once listed, yPredict goes from $0.12 to $0.18. This represents gains of 50%. However, those who paid $0.07 during the ICO will have made over 120%.

Small Market Capitalization  

Another benefit of ICOs is that they usually represent small-cap investments. This is because the project is brand-new, so it will have a low valuation.

Moreover, small-cap projects have limited liquidity. This means that increased buying pressure can result in rapid growth quickly.

How to Find the Top ICOs to Invest in

Let’s explore some popular ways on how to find the top ICOs in 2024.

Locate a Shortlist of Upcoming ICOs

The first step when considering how to buy ICO tokens is to create a shortlist of upcoming ICOs that are building innovative products or services. There are various online sources that help with this.

For example, platforms like ICODrops offer an initial coin offering list that is updated in real time. Each listing will display information about the ICO, such as its hard cap target and dates.

Another source is CoinMarketCap, which lists some of the best upcoming ICOs. However, its top ICO list is limited compared to ICODrops and other sites.

Read the Whitepaper

Now that a shortlist has been created, the next step in how to find ICOs is, of course, to conduct comprehensive research. The easiest way to do this is to read the project’s whitepaper.

The best ICO tokens should contain clear and concise information related to:

• The overall objective explains what the crypto startup aims to achieve. This is often a solution to a real-world problem or an innovative product or service.
• The roadmap strategy outlines its core objectives and when the project will achieve them.
• The tokenomics of the project, such as the number of tokens being created and how they will be distributed.

After reading the whitepaper, it’s worth exploring whether any similar concepts already exist. If it does, consider whether the ICO project does anything different. If it doesn’t, it is probably worth avoiding.

Evaluate the Token’s Utility 

The next step is to evaluate the utility of the ICO token being sold. If the tokens offer real-world value to holders, this is a major green flag.

Choosing ICOs with actual utility is crucial. After all, consider that the vast majority of the top 100 cryptocurrencies by market capitalization have some form of utility and use case, the notable exception being some meme coins.

Methodology to Find The the Best ICO Crypto Tokens

Focusing on ICOs is one of the most profitable moves a crypto investor can make, but it also has its risks and difficulties. AN ICO will have no past performance with which to measure it against other projects, and therefore, we have to find other ways to figure out if it is a good investment option. Here are some questions investors should ask themselves.

• Does the ICO have a whitepaper that clearly outlines the goal of the project?
• Does the ICO in question have utility or does it plan to add utility down the line?
• Does the Token have a team behind it with a proven track record of success?

Let’s examine each of these questions.

Does the ICO Have a Whitepaper That Clearly Outlines the Goal of the Project?

This is arguably the most important thing investors should be focused on. A clear but detailed whitepaper should let readers know exactly what the project wishes to achieve and should answer any questions that potential investors may have. It also decreases the likelihood of a pump-and-dump scenario.

Does the ICO in Question Have Utility, or Does It Plan to Add Utility Down the Line?

As the crypto market has grown in recent years, it has slowly become more mainstream. One of the benefits of this for investors is more and more projects have been adding utility to ensure their success. It is something potential investors should look out for in ICOs as it gives them a level of security that makes them more likely to succeed.

Does the Token Have a Team Behind It With a Proven Track Record of Success?

This is always helpful, but in particular, when it comes to ICOs. Whales in particular, tend to invest in projects where they know there are members of the team that have enjoyed market success so far. Investors can find out who is involved in the project via the website or whitepaper. It’s an added weapon investors can use in particular for meme coins.

These are just some of the questions that potential investors should have when examining which ICOs to watch and invest in. There are a lot of other things that can help, but these are the fundamentals that they can use to give them an edge over the market and find the next big coin.

Things to Consider When Investing in Crypto ICOs

Not all crypto ICOs are successful, so some consideration should be made before proceeding.

• Volatility: The crypto markets are ultra-volatile. This is especially the case with ICO cryptos. After all, new crypto tokens often have a small market capitalization, meaning low liquidity levels. As such, there is every chance that the value of the ICO token will decline after it is listed on an exchange. This will result in financial loss.
• Oversaturated: Crypto ICOs enable new startups to raise funds outside of the regulated securities market. This has resulted in the ICO market becoming oversaturated. As such, investors will have hundreds of ICOs to choose from at any time. This makes it difficult to know which ICOs to opt for.
• Diversification: A key benefit of oversaturation is that it makes diversification easier. For example, rather than investing $1,000 in a single ICO, consider investing in 10 projects at $100 each. Even if nine of the ICOs fail, just one successful investment can yield significant returns.
• Scams: Some crypto ICOs turn out to be scams. In this instance, the project has no plan to meet any of its roadmap targets. Instead, the ICO will raise as much money as it can before disappearing. It can be difficult to distinguish between legitimate and scam ICOs. As such, keep ICO investments modest and, again, ensure that the portfolio is well-diversified.

How to Invest in an ICO

The ICO investment process is much the same across the board. For instance, most ICOs accept payment in established cryptocurrencies like ETH, USDT, and BNB or debit/credit card.

In return, ICO investors receive the project’s newly created tokens. There is often no requirement to open an account or even provide any personal information when investing in ICOs. Instead, investors simply connect their crypto wallet to the ICO website and transfer their preferred tokens as payment.

Here’s a real-world example of how to buy ICO tokens with the Wall Street Memes ICO:

• Step 1: Get a Crypto Wallet: A crypto wallet is needed to invest in ICOs, as well as receive and store the purchased tokens. MetaMask is a popular option. It’s free to download and available as an iOS/Android app and a browser extension for Chrome, Edge, Firefox, and Brave.
• Step 2: Get Crypto to Pay for ICO Investment: Next, the investor will need to acquire a cryptocurrency that is accepted by the ICO. In the case of Wall Street Memes, its ICO accepts Ethereum, USDT, and BNB. These cryptocurrencies can be purchased from most exchanges, often with fiat money.
• Step 3: Transfer Crypto to Wallet: The next step is to transfer the purchased crypto to the wallet. Copy the wallet address from MetaMask and transfer the tokens from the crypto exchange.
• Step 4: Set up ICO Order: Next, visit the Wall Street Memes presale page. The ICO order box is situated to the right of the homepage. Choose the payment cryptocurrency from ETH, USDT, or BNB. Then, type in the number of tokens to swap for $WSM. Check everything is correct before clicking on ‘Buy Now.’
• Step 5: Connect Wallet and Buy ICO Tokens: A pop-up box will now appear. Choose the crypto wallet provider that is currently storing the tokens. For instance, Metamask. A notification will then appear in the wallet asking for confirmation of the Wall Street Memes ICO purchase. After confirming, the tokens will be exchanged for $WSM.

In most cases, including Wall Street Memes, the purchased $WSM tokens can be claimed after the ICO finishes. Simply head back to the Wall Street Memes website after the ICO to claim the tokens.

Are Crypto ICOs Safe?

Not all crypto ICOs are created equal. By this, we mean that some ICOs are scams. Common scam include ‘rugpulls‘, when the ICO founders run away with investor funds, or ‘honeypots’ – where scammers send out smart contracts with hidden codes that mean only they can access funds.

Moreover, the founders will often dump their own tokens once they are listed on exchanges – the result is that ICO investors are left with worthless tokens.

• Hacking attempts are also an issue associated with ICOs.
• For example, bad actors will try to convince an investor to provide their wallet private keys.
• The scammer will then drain the crypto tokens stored in the wallet.
• This can also be achieved through phishing websites and keyloggers.

That said, the good news is that many crypto ICOs are legitimate. They are typically run by credible developers who want the project to succeed. And if it does, the value of the ICO token can increase significantly. But just remember that the opposite can happen too. Ultimately, after the ICO tokens are listed on exchanges, their value is determined by market forces.

Conclusion 

In summary, ICO investments are increasingly becoming popular as ICOs enable investors to gain exposure to new projects from the ground up – not to mention secure a discounted price before the tokens are listed on exchanges.

One of the best ICO tokens available right now is Sponge V2. Its ICO has already raised over $1.5 million in just a couple of weeks, illustrating the popularity of its $WSM coin. The platform has been backed by the support of over a million followers across several social media channels, with even Elon Musk interacting with its Tweets.

At the time of writing, tokens are available for $0.031 USDT in its 21st presale stage, with the price to rise further until the 30th round.

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