Crypto whales are pouring money into these altcoins Find out why

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The 2022 cryptocurrency bear market, largely triggered by aggressive interest rate hikes by the world’s major central banks to address a surge in global inflationary pressures, has seen investors withdraw significant funds from the class d ‘assets. According to DeFi Llama’s crypto project fundraising tracker, the amount raised by new projects has been in rapid decline since late 2021.

After hitting $7.06 billion in November 2021, just as major cryptocurrencies like bitcoin and ethereum hit their all-time highs, funding had dropped to just around $1.12 billion by November 2022. , a drop of almost 85%.

Investors have also drawn money from the nascent decentralized finance ecosystem, which has seen its total value locked (TVL) in smart contracts fall from peaks of around $250 billion in late 2021 to just under 60 billion dollars at the end of 2022.

But that doesn’t mean innovation in crypto is dead. On the contrary, innovation in the cryptocurrency space is alive and well. The fact that the ongoing bear market has scared off weak investors who tend to drive prices up during a bull market phase means that investors with stronger stomachs have a great opportunity to invest in early-stage projects. cheap.

Here are some promising crypto projects that crypto whales have invested money in despite the ongoing crypto bear market.

FightOut (FGHT) – Presale Now On

The young mobile cryptocurrency niche has shown a lot of promise, but early success stories like STEPN have significant limitations that have, until now, prevented them from reaching mainstream audiences.

FightOut, which bills itself as the future of the movement to win, wants to change that in 2023. FightOut is a brand new web3 fitness app and gym channel that rewards its users for training, challenging and competing in a first-of-its-kind fitness metaverse.

While existing M2E apps such as STEPN only track steps and require expensive non-fungible token (NFT) purchases to participate, FightOut takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and does not not require any expensive buy-ins to participate. FightOut seeks to combine the physical and web3 worlds.

The project aims to eventually acquire gyms in every major city in the world, while simultaneously promoting an integrated web3 fitness experience. At the center of FightOut’s digital ecosystem will be its smartphone app, which according to FightOut’s white paper is expected to launch in the second quarter of 2023.

The FightOut app will leverage smartphones 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 can create their own soulbound token avatar, through which the user can interact with the metaverse Fight Out.

FGHT is the token that powers the FightOut metaverse ecosystem. Users will pay to participate in competitions and leagues with FGHT, and winnings will be paid out in FGHT.

The FGHT token can also be used in peer-to-peer fitness betting. FightOut’s FGHT tokens are currently selling at 60.06 for 1 USDT, and interested investors are encouraged to act quickly to secure their tokens, as the pre-sale has already raised over $2.28 million in just a few days. FGHT is the token that will power the FightOut crypto ecosystem.

Visit FightOut now

Dash 2 Trade (D2T) – Presale enters its final phase

Those looking to invest in a promising crypto trading platform startup should look no further than Dash 2 Trade. The burgeoning social analytics and trading platform hopes to take the crypto trading space by storm with its host of unique features.

These include trading signals, social and on-chain sentiment indicators, pre-sale token rating system, token list alert system, and strategy backtesting tool. The Dash 2 Trade ecosystem will be powered by the D2T token, which users will need to purchase and hold to access platform functionality.

Dash 2 Trade is currently conducting a token presale at deeply discounted rates and sales are approaching $10.5 million. The presale dashboard will be released soon, as the development team is currently ahead of schedule. The tokens are currently selling at $0.0533 each and will be listed on several centralized exchanges in less than a month.

Visit Dash 2 Trade here

C+Charge (CCHG) – Presale now underway

The carbon credit industry is expected to be worth $2.4 trillion by 2027. Democratizing access to accrue these benefits is going to drive massive business in the years to come and that’s something the start-up green crypto C+ Charge hopes to achieve. C+Charge is currently building a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations that will allow electric vehicle (EV) drivers to earn carbon credits.

C+Charge aims to reinforce the role of carbon credits as a key incentive for the adoption of electric vehicles. Right now, big electric vehicle makers like Tesla are making millions selling carbon credits to polluters. C+Charge wants to democratize the carbon credit market by allowing more of these rewards to end up in the hands of electric vehicle owners, rather than just large corporations.

C+Charge has just launched its presale of the CCHG token that its platform will use to pay at EV charging stations. The tokens are currently selling for $0.013 each, but by the time the presale ends, they will be up 80%. So, investors interested in jumping into a promising eco-friendly cryptocurrency project early should act quickly.

Visit C+Charge here

RobotEra (TARO) – Presale Price Up Soon

Decentralized, crypto-based metaverse “gaming” is likely to be a key part of the future crypto/gaming space as technology trends push us further and further into the digital space. RobotEra, a soon-to-launch robot/space-themed gaming metaverse that plans to incorporate a mix of play-to-win and player-versus-player games into its interactive world, could be a great bet, with the platform scheduled to launch in 2023.

Before its launch, RobotEra is holding a presale of the TARO token which will be used as the in-game currency. In the few weeks since its launch, RobotEra has already been able to raise $596,000. The tokens are currently being sold for $0.02, but that price will soon drop to $0.025, so interested investors should get in quick. RobotEra also plans to start selling NFT bots soon for players to use in its metaverse. Investors who have already pocketed TARO should stay tuned.

Visit RobotEra here

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