APT, the cryptocurrency that powers new layer-1 blockchain protocol Aptos, has been consolidating in recent days. APT/USD was last changing hands just above $17, having been unable to hold above $20 in recent weeks despite repeated attempts, though having for now also been able to hold above the $15 level.
APT bulls will take solace from the fact that, despite the recent lack of momentum, APT is still trading higher by well over 300% versus this time last month and around 400% since the turn of the year. The cryptocurrency has been a beneficiary of the broader rally in crypto prices that has seen the likes of Bitcoin gain around 40%, fuelled by hopes of that 2023 will be a year of easing (rather than tightening) financial conditions.
Does APT Have 10x Potential?
Some think that the recent surge in Aptos’ price and market capitalization has given the cryptocurrency an over-inflated valuation. Indeed, while its market cap according to current supply is only around $2.7 billion, its fully diluted market cap is over $17 billion, ranking it as the eight largest cryptocurrency in the world by this metric.
Mainnet has arrived.https://t.co/wZajVZMa5Q
— Aptos (@Aptos_Network) October 17, 2022
For a relatively new blockchain protocol that is yet to see substantial growth in its ecosystem of dApps, that might seem like too much. But Aptos has big potential and some analysts think the cryptocurrency could 10x in the coming years.
Aptos has a star-studded line-up of developers, given that it was born out of Facebook’s failed Libra cryptocurrency project. The project also managed to raise a whopping $350 million in 2022 from investors including Andreessen Horowitz and Binance. Aptos has faced a lot of criticism over an “unfair” distribution of tokens towards early investors and insiders, but the vast majority of these tokens are vested and cannot be sold for years, reducing the risk of a sudden surge in APT sell pressure.
While APT’s price might be a little over-inflated in the near term, its longer-term prospects remain good. Investors looking to diversify into cryptocurrencies that are much less likely to be over-inflated in price should consider token presales. Here up-and-coming crypto projects sell their tokens at a discount to raise funds for platform development.
Here is a list of upstart crypto projects vetted by the team at Business2Community.com that could also have the potential to explode in price when they list on exchanges in the coming months.
Meta Masters Guild (MEMAG) – Stage 5 Nearly Complete
Meta Masters Guild is an up-and-coming mobile-based web3 gaming ecosystem that is developing a host of fun and addictive games. The games will utilize non-fungible tokens (NFTs), allowing community members to earn rewards, as well as stake and trade. The platform hopes to in the future host dozens of viral games. Its first game, Meta Karts Racers will be released later this year.
Love playing games?
We do too!
That's why we created a new way to game with "Play AND Earn". ️
Say goodbye to just playing for profit and hello to having fun while earning.
Stay tuned for more!https://t.co/9lUbEoKbdS#p2e #gamefi #blockchaingames pic.twitter.com/HRmaoXmBf2
— Meta Masters Guild (@MEMAGgames) February 3, 2023
Meta Masters Guild is currently in the fifth stage of its presale of MEMAG tokens, with the presale already one of the hottest of 2023. In just a few weeks, the crypto start-up has already managed to raise a whopping $2.7 million via MEMAG sales. Investors should note that they also stand a chance of winning a massive $100,000 in MEMAG tokens.
Will you be the lucky winner of $100,000 in $MEMAG tokens!?
You'll never know unless you try!
⬇️ Follow the instructions in the link below. It's that simple! https://t.co/rOZkdgR4Xm#cryptogiveaway #gleam #gleamgiveaway #giveaway
— Meta Masters Guild (@MEMAGgames) February 3, 2023
Fight Out (FGHT) – Presale on Now
The young move-to-earn crypto niche has shown a lot of promise, but early success stories like STEPN have significant limitations that have, so far, prevented them from conquering the mainstream. Fight Out, which touts itself as the future of move-to-earn, wants to change that in 2023.
The fitness revolution has started!
We’re taking fitness to the next level in the Web 3 era, with innovative solutions to help you reach your fitness goals.
Be a part of the change and start your journey today! https://t.co/z34Nkx3ffi pic.twitter.com/GYE7riqibm
— Fight Out (@FightOut_) February 2, 2023
Fight Out is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges, and competing within a first-of-its-kind fitness metaverse. While existing M2E applications such as STEPN only track steps and require expensive non-fungible token (NFT) buy-ins to take part, Fight Out takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and doesn’t require any expensive buy-ins to take part.
Fight Out seeks to combine the physical and web3 worlds. The project aims to eventually acquire gyms across all of the world’s major cities, whilst simultaneously promoting an integrated web3 fitness experience. Meanwhile, at the center of Fight Out’s digital ecosystem will be its smartphone application which, according to Fight Out’s whitepaper, is scheduled for launch in Q2 2023.
The Fight Out app will harness smartphone and wearable technology to measure and track physical performance. The app will have its own in-house tokenized economy, where users can earn rewards for completing M2E tasks and mint their own soul-bound token avatar, through which the user will be able to interact with the Fight Out metaverse.
FGHT is the token that powers the Fight Out metaverse ecosystem. FGHT can be used to pay discounted memberships to Fight Out’s gyms and digital products. Users will also pay to enter competitions and leagues with FGHT, and winnings will be paid out in FGHT and FGHT can be used in peer-to-peer fitness wagers.
Attention #FightOutCrew!
We have just raised over $3.8M in our stage 2 presale!
Hurry before the price of $FGHT keeps increasing!
Join the presale now and get up to a 50% bonus! https://t.co/ZJslyfIfU1 pic.twitter.com/hdowL66kRu
— Fight Out (@FightOut_) February 2, 2023
Fight Out is currently conducting a presale of the FGHT token and has already raised a whopping $3.8 million. The token is scheduled to list across centralized exchanges in April at $0.033 per token. Investors should move quickly, as if they secure tokens now, they could be sat on paper gains of around 100% by the time the crypto token lists on exchanges at the start of Q2. Gains could be even higher if investors make us of Fight Out’s generous bonus scheme.
Don’t miss out on this amazing opportunity to be a part of the future of #fitness.
Get in early and enjoy up to a limited-time 50% bonus!
You better hurry! Stage 2 is selling fast! ⬇️https://t.co/z34Nkx3ffi pic.twitter.com/wJXIDVxvY7
— Fight Out (@FightOut_) February 2, 2023
Calvaria (RIA) – Listing on Exchanges Soon
P2E crypto-based battle cards game Calvaria, which is set to release its headline fantasy-themed game “Duels of Eternity” in Q2 2023, has been making waves in the crypto space in the last few months. The crypto gaming start-up recently concluded a multi-million dollar presale and will soon list its RIA crypto token across major centralized and decentralized exchanges.
SOLD OUT!
We're happy to announce that the last stage of our presale has been sold out and presale is officially completed!
Thank to our amazing community and all presale participants! We are ready to move forward and a lot exciting news coming soon.Stay tuned! pic.twitter.com/bYKeBpda7a
— Calvaria: Sold out! ✨ (@CalvariaP2E) January 29, 2023
Calvaria aims to piggyback off of the past virality of physical card games like Yu-Gi-Ho and Pokemon, whilst also riding the web3 gaming adoption wave. Indeed, Calvaria seeks to play a role in driving web3 gaming adoption by lowering the barriers to participation by non-crypto native users. Users will be able to play the game for free and without having to connect a crypto wallet.
Listing Calendar.
Here are the dates and exchanges where we will be listed within next 15 days!
If you see RIA in any other place – it is a scam. We aren't responsible for your funds being lost during scams as it is your responsibility to keep your funds safe. pic.twitter.com/xuOyywbr9h
— Calvaria: Sold out! ✨ (@CalvariaP2E) February 1, 2023
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