Every day, our team reviews new cryptocurrency releases that have recently been launched on crypto exchanges and upcoming token presales. The crypto ecosystem continues its evolution, with inventors and innovators exploring new ways to leverage the tech towards solving the micro and macroeconomic challenges confronting the world. Similarly, investors are also exploring how crypto may help them achieve their financial goals.
New Cryptocurrency Releases, Listings & Presales Today
Hence, today’s post contains some of the latest cryptocurrency projects that investors might consider adding to their watchlist. While these projects might have fascinating fundamentals and promising tokenomics, it’s not sufficient to guarantee their potential success. Hence, there is a need to study their trends for clarity. Nonetheless, Wall Street Memes makes our list a special mention in this review as a result of its updates and impressive initiatives. The details of the project are highlighted below.
1. Wall Street Memes (WSM)
Wall Street Memes 200% bonus off the table, but investors who missed the opportunity have nothing to fear. Generally, the community is focused on creating mutual wealth for all. Hence, there are a host of other options for WSM holders to tap into. Besides, the project has its updates underway, meaning there might soon be surprises for holders.
At press time, over $1.5 million has been invested into the buyback strategy. According to its landing page, the capital emanated from the Gaming Net Revenue. Also, Wall Street Memes’ wealth creation vision is being realized through its stakeholder initiative. With the mantra that says the more you stake, the more you earn, it offers users a way to earn passive income by staking their WSM tokens.
Wall Street Memes incorporates several other initiatives, and it’s gradually expanding its features to bring in utilities, especially in the gaming sector. As the token enjoys increasing demands due to its growing value, the community gets closer to its vision of shared prosperity. Additional details of the project are available on its presale page.
2. KoiPond (KOI)
It’s becoming easier to develop new crypto projects on the Bitcoin blockchain due to its increasing flexibility. The BRC20 standard of the chain extends its capabilities and allows projects like KoiPond to key into the network. Currently, KoiPond is praised as the first community-driven launchpad project on the BRC20 standard. The project claims it helps investors identify early-stage crypto projects before they become mainstream. Hence, there is the opportunity to rake in a sizable profit when they take off. Additionally, it claims users earn passive income by staking a portion of their KOI token in exchange for a sizable APY. Summarised below is how it’s described on CoinMarketCap.
KOI has a price of $0.027812 today, and in the last 24 hours, its trading volume has amounted to $2,148,789. The new cryptocurrency is currently listed on CoinMarkCap with a ranking of #2388. Its market cap at press time is valued at $8.14 million based on its current price, and its circulating supply is reported to be 200 million tokens. Also, its maximum supply is pegged at 1 billion tokens.
3. GrokBoy (GROKBOY)
GrokBoy is one of the recent cryptos that’s leveraging Elon Musk’s AI trend. Interestingly, it is being comically referred to as Elon Musk’s son. However, it has no features or functions that suggest AI-based services to use. The project claims it’s on track to becoming one of the top memecoins in the market. But it’s best to note that it has no specific utility. At best, it only serves as a cryptocurrency that’s aimed at tokenizing what GrokBoy represents. The snippet below provides additional information.
GROKBOY is a BNB-based crypto with a price of $0.0000000000003863 at press time, and over $444,612 worth of the new cryptocurrency has changed hands in the last 24 hours. Furthermore, GROKBOY’s market cap is valued at $170,500 based on its current price, and it ranks #2666 on CoinMarketCap. The token is currently listed on PancakeSwap v3 (BSC) and PancakeSwap v2 (BSC), and it has a self-reported circulation and maximum supply of 420 trillion tokens.
4. OmniCat (OMNI)
OmniCat claims it is the first memecoin in the Omnichain. Generally, Omnichain is a LayerZero protocol that’s designed to supply the infrastructure that cryptocurrencies need to establish interoperability. There’s only been a few use cases of the Omnichain. The latest project, OmniCat, claims it’s amassed over 20k holders as at the time of writing. The summary below tells more about the token, as seen on its CoinMarketCap page.
Hot Take
Investing in new cryptocurrencies comes with its complexities and challenges. It is important to do thorough due diligence and research to understand the trends, fundamentals, and potential success of these projects. Moreover, stay updated with the latest updates and initiatives of these projects to make informed investment decisions.
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