This article has been translated from English to Gen Z Slang.
A Pre-ICO presale, or pre-sale, also known as Pre-ICO, is like getting VIP access to bag those tokens before the whole crowd jumps in. 🚀
They usually aim for smaller stacks in Pre-ICOs compared to the main ICO, and yup—you're snagging those tokens for the low. 🤑
The bummer about Pre-ICO sales is that the OG investors tend to yeet those tokens onto exchanges as soon as they're tradeable. They cash out at the ICO price cuz they secured them for the low-low during the presale, getting that bank, but it kinda messes up the game for ICO peeps, making token prices dip. 📉💸