Top 5 DeFi Presales for Early Investors in May 2024 - The India Saga



Top 5 DeFi Presales for Early Investors in May 2024

DeFi intends to entirely replace the tenets of the current financial system or at least develop into a substitute source…

Top 5 DeFi Presales for Early Investors in May 2024

DeFi intends to entirely replace the tenets of the current financial system or at least develop into a substitute source for financial transactions. These instruments are based on open-source protocols. They will allow people to benefit from new investment platforms and decentralized lending in the future, resulting in higher passive income from cryptocurrency assets.

What DeFi Presale? 

DeFi presales, short for decentralized finance presales, are fundraising events where new DeFi projects offer their tokens to investors before officially launching them to the public. These presales typically occur on decentralized platforms or through initial coin offerings (ICOs), allowing investors to purchase tokens at a discounted price compared to what they might cost after the project launches. Participating in a DeFi presale gives investors early access to potentially promising projects within the decentralized finance space.

Benefits of participating in a  DeFi Presale

  1. Early Access: Investors can support projects they believe in from the outset of development by participating in a presale. For individuals who are genuine about a project’s goal and want to be a part of its success tale, this can be a fulfilling experience. 
  2. Discounted Prices: Participating in a crypto presale allows investors to acquire tokens at a reduced cost before their general release, which is one of the main advantages of doing so. 
  3. Increased Returns: Investments made during a presale can bring in larger profits than those made later in a project. This is because presale investors stand to gain from rising token values, as token prices frequently rise with a project’s growth and popularity.

Top 5 DeFi presales 

  1. BlockDAG: Pioneering the Altcoin Presale Arena

In the cryptocurrency presale market, BlockDAG is still very successful. In the upcoming Batch 11, the price of its Batch 10 coins is expected to increase from $0.006 to $0.007; the presale has already raised $20.6 million and sold 8 billion BDAG coins. Events like the Whitepaper unveiling at The Sphere in Las Vegas and the keynote display at Shibuya Crossing demonstrate BlockDAG’s dedication to openness and interesting investor relations. 

The platform provides mining solutions such as the X100 miner, which can mine at up to 2 TH/s and earn up to 2,000 BDAG per day while consuming the least energy and producing the least noise. Furthermore, users can mint up to 20 BDAG coins daily with the X1 mobile mining app without significantly depleting their battery.

  1. BitBot (BITBOT) 

By integrating a non-custodial trading bot into the Telegram app, BitBot gives users direct access to manage their cryptocurrency portfolio through Telegram. BITBOT offers advanced, user-friendly trading tools and aims to be the greatest cryptocurrency presale in 2024. A few examples are prediction algorithms driven by AI, real-time price alerts, up-to-date news, and accurate mining computations.

What is Cryptocurrency, and How Does it Work?

  1. The Graph (GRT): Indexing Blockchain Data Required for dApp Creation

Graph (GRT) is a Web3 indexing protocol that facilitates data organization and access from storage networks and blockchains. Developers can use it to search for, locate, publish, and even use any public data needed to develop decentralized applications or dApps.

Over the past year, the graph’s price has increased by 79%. Furthermore, The Graph cryptocurrency increased from $0.248 to $0.307 over the previous week. It seeks to overcome the $0.35 price barrier to soar to new heights. Based on price predictions by The Graph, the best DeFi cryptocurrency to diversify with is expected to reach $0.4049 by the end of 2024.

  1. ButtChain (BUTT) 

With auto liquidity, ButtChain is the first Polygon meme coin. This fascinating new coin blends humour with cutting-edge features—a potent combination in the cryptocurrency world. With “Proof of Butt,” ButtChain puts a lighthearted spin on the conventional Proof of Work and Proof of Stake models used by well-known cryptocurrencies. ButtChain has additional benefits in the competition to be the greatest cryptocurrency presale of 2024, though. 

ButtChain innovates with well-designed liquidity tokenomics, going beyond its lighthearted branding. ButtChain developed an Auto Liquidity feature that directly allocates 20% of all presale funds to Uniswap liquidity, an endeavour seldom seen in any other crypto presale to guarantee seamless trading for early buyers after launch. Because ButtChain tokens are transferred to buyers immediately, even during the presale, they avoid the rush to claim tokens at launch, unlike most other cryptocurrency presales.

  1. Chainlink (LINK): Enabling Access to External, Off-Chain Data in a Secure Way

One of the most widely used and potent decentralized oracle networks in Web3 is Chainlink (LINK). It allows smart contracts to safely access off-chain data feeds, cloud services, IoT devices, enterprise systems, web APIs, payment methods, and other blockchains. Consequently, the platform allows blockchain platforms to interact securely with external data.

The year-to-date (YTD) price performance of Chainlink has increased by 95%; at this rate, more significant gains may be forthcoming. Also, the Chainlink cryptocurrency increased in value over the previous week, reaching a high of $15.61 from $13.81. This cryptocurrency could rank among the top DeFi projects by the end of Q4 2024 if the Chainlink price prediction comes true and reaches a maximum value of $21.21.


This article is for informational purposes only and should not be considered financial advice. Readers must research and consult a financial advisor before making investment decisions.We’d love to hear from you if you have any upcoming DeFi presale picks or insights to share! Leave a comment below or share this article with others who may find it valuable.