In a week where altcoins are seeing somewhat of a price rebound, popular tokens Aptos and Casper top the biggest losers chart for the past seven days. Meanwhile, two solid presales continue to grow as the bearish sentiment starts to escape the market.
The environmentally-conscious IMPT presale has exploded past the $12 million milestone, and Dash 2 Trade sails past $5 million as it looks to give traders a competitive edge.
Aptos and Casper Top Biggest Losers Chart This Week
Aptos and Casper are two tokens in the top-100 ranked projects that suffered the most this week, both falling by almost 10%. These projects were trendy over the past few weeks, but the interest has decreased.
Aptos stole all the headlines in October as the re-purposed Meta blockchain finally opened its doors and launched to the public. However, the project received overwhelmingly negative backlash from the Cryptosphere after learning of its dire tokenomic structure. After keeping the token distribution secret until the day before the launch, the Aptos team revealed that 50% of the tokens were in the hands of the team. As you would expect, the community quickly lost interest in the project.
Casper is an energy-efficient, enterprise-grade blockchain designed to provide all the features developers expect to see in a technology stack.
The price fall for both tokens is quite surprising, considering that most altcoins are seeing respectable growth this week. Tokens such as Dogecoin and Arweave have seen tremendous price surges of 60% and 40%, respectively. Other movers such as Fantom, Chiliz, Matic, and Shiba Inu are all up by over 20%.
Token Presales Keep Growing as Expectations Increase
🚨 ATTENTION 🚨
ANOTHER MILESTONE ACCOMPLISHED 🎉
🔥 OVER $12 MILLION RAISED 🔥
🚀 WE’RE SELLING OUT FAST – JOIN THE PRESALE NOW, BEFORE THE PRICE INCREASES ⬇️https://t.co/N1w1ENFKVG pic.twitter.com/5bH30nZYPQ
— IMPT.io (@IMPT_token) November 3, 2022
With the altcoin market seeing a rebound this week, it’s not surprising to learn that some presale tokens are seeing increased traction. Presale tokens often provide the most lucrative opportunities to invest in solid projects at what are usually the lowest prices possible.
Of course, due diligence is always required when investing in presale tokens. Investors must be sure that the team is reliable and has the expertise to bring their project to fruition. Furthermore, investors also need to ensure that the presale projects have space in the market and offer a novel idea.
Two presales with solid teams and distinctive missions are IMPT and Dash 2 Trade.
IMPT Soars Past $12 Million as Environmentally-Focused Investors See Green Future
The IMPT presale has now officially crossed the $12 million milestone as environmentally-focused investors are starting to realize the impact that the decentralized carbon credit marketplace will have on the future direction of the cryptocurrency industry.
The project seeks to open up the convoluted carbon credit market to the general public to allow individuals and businesses to reduce their carbon footprints. They intend to host genuine carbon credits as NFTs on the blockchain to provide transparency to buyers that were often hesitant to enter due to carbon credit fraud and scams such as double-counting.
Furthermore, IMPT also provides a method to allow shoppers to earn carbon credits as cashback when conducting their everyday shopping. The project has partnered with world-famous brands ready to allocate a specific sales margin percentage to environmental projects. The sales margin is held as IMPT tokens until the user has enough to swap them for a carbon credit. IMPT has partnered with affiliates such as Puma, The North Face, Udemy, Netflix, Samsung, River Island, and Booking.com.
Dash 2 Trade Closes in on the $5 Million Milestone to Provide Traders with World-Class Insights.
📣 #D2T CREW! 📣
We Are Selling Out Really Fast!! 🚀
Don’t Miss This Opportunity To Be An Early Investor!
JOIN THE #D2T PRESALE NOW BEFORE IT’S TOO LATE! ⬇️https://t.co/ExvBBjLgJE pic.twitter.com/7FddHXw73G
— Dash 2 Trade (@dash2_trade) November 3, 2022
The Dash 2 Trade presale is also closing in on the $5 million milestone in under two weeks. As a result, investors are quickly rushing to snap up D2T tokens as they will be used as payment for subscriptions on the world-class analytics and intelligence platform that will help traders take their trading to the next level.
Dash 2 Trade provides in-depth market insights to give traders a competitive edge and help them create market-beating strategies. In addition, the platform will feature crypto trading signals, predictions, and social analysis to help traders make informed decisions.
The project is spearheaded by a competent team with a successful track record. They are the same team that created Learn 2 Trade, a trading insights platform that amassed over 70,000 users. The same group has partnered with profitable crypto traders, quants, and AI developers to deliver a crypto trading dashboard and ecosystem.