Initial Coin Offerings (ICOs) provide an opportunity for investors to inject funds into crypto projects that have the potential to be profitable in the future. We have identified several ICOs set for 2024. Here are the projects you should watch out for next year.
Why Should You Invest in Initial Coin Offerings?
The crypto market is still recovering from the failures of big projects like Genesis, FTX, and Terra. However, as the bear market appears to be cooling down, there is growing optimism that a bull run will start in 2024. Therefore, investing in low-valued altcoins now through ICOs could give you an opportunity to reap massive profits in the coming months. While the crypto market’s future looks promising, keep in mind that nothing is guaranteed. So, invest funds you are willing to lose.
Top Three ICOs
The meme coin market has been on the rise in recent years. Three years ago, its valuation was less than a billion. Today, data on CoinGecko shows that meme coins have a combined market cap of over $20 billion. The latest addition is Shiba Memu. This token is revolutionizing how meme coins market themselves. Instead of relying on humans to promote it, Shiba Memu uses AI to implement its marketing strategy.
Being an AI-powered meme coin, Shiba Memu is likely to continue evolving and become one of the leading meme coins. The team behind this project understands that having a solid community around Shiba Memu is key. That’s why it constantly rewards the community members with SHIMU tokens for their contributions.
The lead developer for Shiba Memu is Atem Chebotar, who has five years of experience in web development. Another member of the meme coin’s development team is Serhii Shurshyn, who is a software engineer.
ICO Funding Model
Shiba Memu is an ERC-20 token with a total supply of 1 billion. Per the meme coin’s tokenomics, 85% of the total supply will be available for presale. Moreover, 10% of the total supply will be used to reward community members and facilitate exchange listings. Finally, 5% of Shiba Memu’s total supply has been allocated to the development team to ensure it continues developing the token.
Established in 2017, AltSignals is a project launched by traders who provide crypto trading signals. Moreover, the team behind this project guides users on how to carry out proper fundamental and technical analysis.
Following the rise of AI last year, Altsignals adopted the technology, which now helps the team scan the market regularly to identify trading opportunities.
As mentioned, AltSignals is operated by experienced traders. On the project’s website, the CEO is identified as Rod. Other key team members include Jordan, who serves as the head of technical support, and Bartos, who heads AltSignals’ marketing department.
ICO Funding Model
AltSignals’ $ASI token has a total supply of 5 million, with about 58% set to be sold during the presale. Further, 16% of the total supply has been allocated to the team behind the project, and 10% has been set aside to provide liquidity on various decentralized exchanges. Another 16% of $ASI tokens will be used to market AltSignals.
Bitago is among the many crypto companies advocating for the adoption of digital currencies. When you make online purchases through its app, Bitago will reward you with crypto.
The Bitago team is led by Peta Hristov, who boasts 15 years of experience in Information technology. Iqshant L, the Cryptera founder, serves as Bitago’s advisor. Finally, Vasilije Mostrokol heads Bitago’s Business Development department.
ICO Funding Model
Bitago’s $XBIT token has a supply cap of 200 million. The token will be sold in four stages, including:
- Seed stage – 10 million $XBIT tokens have been allocated for this stage.
- Private stage – 10 million will be sold in this stage.
- Strategic stage – Investors can buy 14 million $XBIT tokens in this stage.
- Public stage – 4 million $XBIT tokens will be made available in this stage.
Disclaimer: PrimeCryptoHub.com is committed to delivering premium content for cryptocurrency aficionados. Our platform serves as a hub for crypto businesses to amplify their visibility in the market. Be aware that the nature of cryptocurrencies and digital tokens is extremely fluctuating. We advise carrying out comprehensive analysis prior to investing. A portion of our articles might be contributed by guest authors or be sponsored, and the opinions expressed in them don’t always echo our stance. PrimeCryptoHub.com holds no liability for the accuracy, content quality, advertisements, products, or any additional materials found on our site.