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3 Safe Haven Assets to Buy During the Dip as FTX Prepares to Dump Crypto Holdings

By Orbit Brain

3 Safe Haven Assets to Buy During the Dip as FTX Prepares to Dump Crypto Holdings

3 Safe Haven Assets to Buy During the Dip as FTX Prepares to Dump Crypto Holdings

The collapse of FTX final yr despatched shockwaves via the crypto market, resulting in contagion results that hindered the expansion of lots of of cash and tokens.

With FTX readying itself to liquidate its substantial crypto holdings to pay its collectors, buyers are actually bracing for additional declines.

On this article, we’ll discover three potential protected haven belongings that merchants might want to take into account shopping for throughout this unstable interval.

1. Wall Avenue Memes (WSM)

First up is Wall Avenue Memes (WSM), which has rapidly grow to be some of the talked-about cryptocurrency presales of 2023.

As its identify implies, Wall Avenue Memes attracts inspiration from the WallStreetBets subreddit, though it has no direct ties.

The venture goals to construct a group the place members can embrace meme tradition and profit financially from its evolution.

To do that, the event group has created WSM – an ERC-20 token that’s tied to the expansion of the Wall Avenue Memes group.

On the time of writing, the Wall Avenue Memes group is already over a million robust, with lots of of 1000’s of members on distinguished social media platforms like X (previously Twitter) and Instagram.

The energy and engagement of this group have helped Wall Avenue Memes’ presale to boost over $25 million in simply three months.

Potential buyers now have one ultimate likelihood to purchase WSM tokens via the presale for $0.0337 earlier than the token is listed on “a number of” Tier-1 exchanges on the finish of September.

Furthermore, since Wall Avenue Memes now features a high-yield staking protocol, many early backers imagine WSM is an appropriate protected haven asset throughout risky market situations

With high-profile crypto influencers like Satoshi Stacker endorsing Wall Avenue Memes, the venture has gained much more traction – positioning it as a trending token that buyers might want to take into account.

Go to the Wall Avenue Memes Presale

2. Bitcoin BSC (BTCBSC)

Bitcoin BSC (BTCBSC) is one other potential protected haven asset buyers may want to monitor as FTX gears as much as dump its crypto holdings.

BTCBSC combines the acquainted Bitcoin branding and restricted provide mannequin with the velocity of the Binance Sensible Chain, aiming to spark curiosity from each new and seasoned crypto buyers.

At present, within the midst of its presale, Bitcoin BSC is promoting tokens for simply $0.99 every forward of its upcoming itemizing on decentralized exchanges.

Over 50% of the preliminary presale section has been bought in simply two weeks, indicating robust early curiosity from the funding group.

Like Wall Avenue Memes, Bitcoin BSC incorporates a staking protocol whereby BTCBSC holders can lock up their tokens to earn yields as excessive as 317% per yr.

A complete of 69% of the BTCBSC provide has been put aside to pay staking rewards, distributed to stakers each ten minutes.

Notably, rewards are primarily based on the variety of BTCBSC staked – so the extra tokens that an investor stakes, the upper their rewards.

The constant distribution of those rewards may place BTCBSC as a steady revenue supply, making it a viable protected haven asset throughout instances of market uncertainty.

Mix this with the truth that BTCBSC hasn’t but been listed on the open market, and its potential as a protected haven asset turns into much more evident for crypto buyers.

Go to the Bitcoin BSC Presale

3. Launchpad XYZ (LPX)

Lastly, Launchpad XYZ (LPX) is a brand-new platform that provides instruments that merchants can use to make higher funding selections throughout instances of market turmoil.

Launchpad XYZ goals to be the go-to place for Web3 analytics, insights, information, and crypto training.

The platform will leverage synthetic intelligence (AI) and machine studying to establish essentially the most promising belongings throughout numerous burgeoning sectors, like NFTs, crypto gaming, decentralized finance (DeFi), and extra.

Launchpad XYZ’s native LPX token is presently provided by way of a presale, priced at simply $0.0445.

This presale has raised over $1.6 million to this point, with buyers in a position to purchase a 17% bonus on their funding for a restricted time.

Holding LPX tokens affords quite a few advantages, resembling buying and selling insights, staking rewards, and early entry to new Launchpad XYZ options.

As outlined in Launchpad XYZ’s whitepaper, customers will even have the ability to profit from the Launchpad Quotient (LPQ) – a customized rating system utilizing 400+ knowledge factors that consider the potential of cryptocurrencies and NFTs.

These components have mixed to create a rising buzz round Launchpad XYZ, heightened additional by the token’s potential as a protected haven asset.

With FTX’s sell-off more likely to impression crypto costs throughout the board, the truth that LPX isn’t but traded on the open market means it stays unaffected by worth fluctuations – making it a token that buyers might want to take into account.

Go to the Launchpad XYZ Presale

Orbit Brain is the senior science writer and technology expert. Our aim provides the best information about technology and web development designing SEO graphics designing video animation tutorials and how to use software easy ways.
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