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One of the newest promoted projects on CoinSniper is StarChain, a project that aims to ‘revolutionize’ the scientific research sector, primarily in the astronomy field.
Its ongoing presale has been receiving major media attention, given its popular backers and innovative concept. But does this mean it’s a project worth investing in right now? Let us try to find out in this STRC token price prediction.
Revolutionizing Storage and Analysis of Data; Powered by AI
StarChain describes itself as the ‘first-ever decentralized scientific data storage and validation network’, currently focusing on astronomy. The core team of the project consists of Dr. Lucas Meijer, a Theoretical Astrophysics scholar, Michael Lobrecht, and Andrej Kulikov, who are both engineers with years of experience under their belts.
With a doxxed team and a strong concept, the project didn’t need time to catch the attention of big players in the space. It has already partnered with entities like Polygon, UBS, Microsoft for Startups, and Filecoin.
The project aims to make scientific data easily accessible to everyone by breaking down the barriers created by the currently existing data silos. StarChain leverages blockchain and AI technologies to create a decentralized data storage system, the StarChain DataStore, which aggregates scientific data into a single, easily searchable source. Once it is stored, the StarChain AI validates the data efficiently and interprets it into bite-sized materials, reducing the time for tedious data analysis and saving researchers valuable time.
Naturally, for such a system to sustain and thrive, it is important that the DataStore’s repository is always seeing an influx of research articles. To ensure this happens, data contributors are incentivized with STRC, the native token of the project. One could also opt to be a peer reviewer and evaluate the data submissions from researchers and contributors, which would also earn them rewards in the form of STRC tokens.
StarChain started its development way back in 2021 and has since managed to grow its unified datastore to include over 10 petabytes of data. Set to launch the remaining components of its presale soon, the project may indeed be on its way to exploding within the crypto as well as the research industry.
StarChain Price Prediction
Since there is no historical data to go by, the best way to get an idea of the project’s potential growth trajectory would be to consider its concept and relevance, potential for adoption, market trends, etc. Keeping all this in mind, here is our price prediction for the STRC token in the coming months.
Q3 2024 – Presale Stage
While the project is still in its presale stage, investors have the opportunity to make huge profits already, since the token is available at a discounted rate. At the time of writing, STRC is priced at $0.5. However, the presale is set to be carried out in stages, which means that with every passing stage, the token shall see a price increase.
So by simply being early to the project, investors will be able to ensure profits. It is set to end the presale at $0.63 per token, which means that investors will already be holding tokens at a profit by the end of the presale, which we can assume might be right before the start of the final quarter.
Q4 2024 – Launch and Exchange Listings
The project is set to end its presale by the start of Q4. This means that a string of exchange listings can be expected. Developers have stated that tier 2 exchanges like MEXC and Gate.io would be among the first ones to list the token, with several other tier 1 exchanges set to join them in the forthcoming months.
The token will be listed at a price of $1, which will already be more than 35% higher than the price that one would be holding their tokens at the end of the presale. The listings could also act as a major catalyst for growth, which would mean that the token may experience a huge pump, potentially taking it to the $1.5 – $2 levels if there is a good influx of investments.
2025
Even as a presale project, several major crypto news sites such as CryptoSlate have already featured the project, meaning that it is already making noise in the blockchain and finance space.
If this active popularity manages to stay the same even after its launch, with the community growing, then there is a strong chance for the token to see significant growth throughout 2025 too.
As a utility token, the project may need to ensure that it sees considerable adoption. But with strong partnerships with educational entities and associations with institutions, the project could indeed see success, which would ultimately lead to the price of the token seeing a substantial rise over the next year.
Other Presales Worth Checking Out
Like StarChain, there are many other popular projects still in their presale stage. This means that investors can get in early and potentially make massive profits from the discounted prices at which they are available. Two projects other than StarChain that have been grabbing the attention of investors lately are:
Pepe Unchained
One of the most trending memecoin presales in the space right now is Pepe Unchained, thanks to its theme that is referenced from the popular Pepe memecoin. The project is launched with a design theme that initially portrays Pepe, the mascot, in a condition where he is shackled by the old technology of the Layer 1 blockchain.
The storyline then shows him eventually using his smart brain to break off those and adopt the new and better Layer 2 technology.
The project has already made its way across multiple popular news publications and YouTube videos, including 99Bitcoins, which is one of the biggest crypto YouTubers at the moment. Pepe Unchained describes itself as an enhanced version of the original Pepe project since it promises instant bridging between ETH and Pepe Chain, lowest transaction fees, higher volume capacity, which developers claim is 100x faster than ETH, along with a dedicated block explorer.
It has a huge community, evidenced by its growing followers on Telegram and Twitter, meaning that the developers have also made sure to leverage the power of social media to their advantage.
We’ve raised $8M!
Thank you to everyone on the Pepe Unchained journey. This milestone brings us closer to launching our Layer 2 solution for faster, smarter blockchain experiences! pic.twitter.com/cYWYqVd3l3
— Pepe Unchained (@pepe_unchained) August 10, 2024
The presale has raised more than $8 million already, which means that there is already a strong community backing the project, which could see even more growth in the coming weeks. This makes PEPU, the project’s native token, another project to consider for those investors looking to maximize profits soon.
Base Dawgz
Another project that memecoin enthusiasts seem to have added to their watchlists, and perhaps even their portfolios, is Base Dawgz. The project features a Shiba Inu clad in skydiving gear, accompanied by mascots from other major memecoins, creating a visually appealing, adventurous theme. Built on the Base chain but operating across multiple blockchains like Ethereum and Solana, Base Dawgz offers seamless interoperability, enhancing its potential use cases.
A significant factor driving interest in Base Dawgz is the opportunity for investors to stake their DAWGZ tokens for impressive APY returns. Additionally, the project incentivizes community engagement by rewarding users who create and share content on social media.
