Filecoin (FIL), Seesaw Protocol (SSW) and Ethereum (ETH) show how presales should be done
by Analytics Insight
March 15, 2022
Presales for Ethereum, Filecoin and Seesaw Protocol are all currently at record highs
“Buy low, sell high” is the slogan of an investor around the world. This is especially relevant in the case of cryptocurrencies, where a lauded or popular project can bring millions to its backers in a short period of time.
Shiba Inu is perhaps the best known example (SHIB). SHIB was priced at $0.000000000119 at the start of 2021. That’s nine 0s. Shiba Inu had lost 5 of those zeros less than a year later, inflating over 70% and hitting a new all-time high of 0 $.00008845. A $2 investment in January would have been enough to make anyone a millionaire by October.
A presale is the first opportunity to invest in a cryptocurrency business. Presales take place before a cryptocurrency is released to the general public and listed on an exchange. Notably, during a presale, the price of a new cryptocurrency cannot fall and will only rise for the duration of the presale. Presales for Ethereum (ETH), Filecoin (FIL) and Switch Protocol (SSW) all have or are currently experiencing records.
The pre-sale of Ethereum (ETH) began in July 2014, and less than half a day later, well over $2.3 million, or 7.4 million ETH, had been raised.
Of course, any crypto enthusiast knows that Ethereum (ETH) has become a monster. It is the second largest cryptocurrency in the world, behind Bitcoin (BTC). Its all-time high of $4,891, reached in November 2021, represented an increase of more than 3 million percent from its pre-sale price.
To date, Filecoin (FIL) has the biggest presale ever. It raised $52 million in its first presale period and then $205 million during the ICO. During this time, the price rose by 350% from $1 to $4.58.
FIL reached an all-time high of $237.24 in 2021, several years after its debut. It is currently over 90% below its peak and was recently found around the $18 mark. Despite falling significantly, Filecoin is still over 1650% above its initial pre-sale price, demonstrating the value of investing in a concept as soon as possible.
Seesaw Protocol (SSW) is up 2500%
When Seesaw Protocol (SSW) debuts on April 8, it hopes to join the ranks of Ethereum (ETH) and Filecoin (FIL). It has already caught up with these two juggernauts in terms of pre-sale success, but unlike ETH and FIL, SSW still has several weeks ahead of it.
Its presale started on January 25, 2022, with a cost of $0.005. SSW is currently trading at $0.13 as of March 11. That’s a staggering 2,500% increase, and with the time left before launch, there’s still room for growth. Some analysts believe it could reach $0.20 and then continue to rise above $0.25.
Enter presale: https://presale.seesawprotocol.io/register
Share this article
Do the sharing
About the Author
More info about the author