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New crypto tokens can explode by the highest percentage margin – in this article, we highlight a range of new coin listings on exchanges.
In the crypto market, sustaining a positive momentum proved challenging on Thursday, October 12, as major cryptocurrencies faced an evident downturn.
This trend is primarily attributed to persistent macroeconomic factors that are unsettling investors, leaving them cautious amid the market’s turbulent landscape. Notably, the crypto market’s fear and greed index dipped into the fear zone, currently at 40.
New Cryptocurrency Releases, Listings and Presales Today
Investors are diligently evaluating the potential repercussions of the Israel war on the global economy, coupled with recent economic data indicating that US inflation has surged to its highest annual rate since April.
The core metric for assessing inflation, the US PPI, witnessed a notable 2.2% increase in September, marking its most significant uptick since the 2.3% surge observed in April. These factors have created uncertainty in the crypto space, prompting market participants to adopt a cautious approach.
Shifting our focus to the recent cryptocurrency market dynamics, Bitcoin’s attempt to sustain its position above the $27,000 threshold has encountered challenges, a level it had successfully held in the preceding days.
At the time of this report, Bitcoin is trading at $26,841.60, reflecting a 0.95% decrease, although the trading volume has surged by 13.64% in the past 24 hours, reaching $12.68 billion. This price volatility in the cryptocurrency space underscores the market’s sensitivity to both macroeconomic factors and investor sentiment.
While this is happening, new projects intend to challenge the likes of Bitcoin, Ethereum, etc. This article analyzes some of these newly listed tokens today.
1. Sundae The Dog (SUNDAE)
Sundae Token (SUNDAE) is a cryptocurrency project inspired by Sundae the Dog. It stands out for several reasons that make it worth considering for investment.
With a limited supply of 5,000,000 tokens and built on the Arbitrum blockchain, it offers the advantage of fast and affordable transactions, a feature increasingly crucial in crypto.
woof woof 🐶 https://t.co/9hgrEjlOyo
— Sundae the dog (@SundaeMcDonalds) October 3, 2023
Beyond its technical aspects, SUNDAE’s mission is to create an engaged and vibrant community. While not affiliated with commercial brands like McDonald’s, it aims to explore blockchain technology and foster a sense of nostalgia and fun.
The project’s emphasis on community building and nostalgia could offer a unique and refreshing approach to the cryptocurrency space. However, as with any investment, potential investors must conduct thorough research and exercise caution. The success of SUNDAE will ultimately depend on its community’s strength and ability to fulfill its mission.
Welcome to the fantastic world of Sundae Token (SUNDAE)! Inspired by a recognizable and beloved character we all know well, SUNDAE is a cryptocurrency with a limited supply of 5,000,000 tokens, built on the Arbitrum blockchain, ensuring fast and affordable transactions. We’re aiming to create an engaged and vibrant community around SUNDAE. Join us and be a part of crafting a new kind of cryptocurrency that brings joy and connects people worldwide. Welcome to Sundae!
Today’s live Sundae The Dog price is $2.20, with a 24-hour trading volume of $502,515. Sundae The Dog is down 0.96% in the last 24 hours. The current CoinMarketCap ranking is #2336, with a live market cap of unavailable. The circulating supply and maximum supply of 10,000,000 SUNDAE coins are unavailable.
2. Islamic Coin (ISLM)
Islamic Coin (ISLM), the native currency of the HAQQ Network, operates within a larger ecosystem built on the trusted Cosmos SDK framework. It is a virtual asset facilitating secure and efficient transactions within this blockchain environment.
ISLM is compatible with other Cosmos SDK-based blockchains, promoting interoperability with platforms like EVMOS, Cronos, and Osmosis. The HAQQ wallet mobile application allows users to manage ISLM assets through non-custodial blockchain wallets, ensuring complete control over their holdings.
Staking ISLM coins through validators is a fundamental process in the HAQQ Network, allowing participants to play a role in network maintenance governance and earn rewards.
ISLM’s unique minting mechanism, limited total supply, and commitment to fair distribution through validators, delegators, and decentralized autonomous organizations (DAOs) present a distinctive opportunity for those interested in investing.
However, potential investors should conduct thorough research, considering the network’s mission and investment goals, to make informed decisions.
Today’s live Islamic Coin price is $0.293776 with a 24-hour trading volume of $3,279,170. Islamic Coin is up 58.83% in the last 24 hours. The current CoinMarketCap ranking is #2170, with a live market cap of unavailable. The circulating supply is unavailable, and there is a maximum supply of 100,000,000,000 ISLM coins.
3. Luffy G5 (LFG)
Luffy G5 (LFG) is a meme cryptocurrency token within the Binance Smart Chain environment, emphasizing the fusion of gaming and crypto, offering a Click-To-Earn experience.
The essence of this project revolves around the conception and progression of the LFG token, an endeavour requiring strategic planning, technical proficiency, and a sincere commitment to establishing a lively, user-focused, meme-themed blockchain ecosystem.
The value of investing in Luffy G5 may appeal to those intrigued by the intersection of gaming and cryptocurrency, as this project seeks to provide an engaging and interactive experience.
However, prospective investors should exercise due diligence and remember that meme tokens often come with inherent volatility and speculative nature, necessitating careful consideration of personal financial goals before participation in the venture.
🚨 New listing Alert 🚨
😎 Our 1st CEX listing is coming up. Soon we will have the official announcement of the listing. 😎
KoinBX: https://t.co/8CxExWZVRX
✅ Luffy G5 chat: https://t.co/qvNRzUN2Ld#LUFFYG5 #BSC #MOONSHOT #KoinBX #CryptoNews #Bitcoin #Binance #BNBChain #BNB pic.twitter.com/MWYUlWeEfD
— Luffy G5 麦わら (@LuffyG5Token) October 12, 2023
Luffy G5 is a meme cryptocurrency token launched on the Binance Smart Chain. An exciting world of Luffy G5 (LFG), where gaming meets crypto in a Click-To-Earn adventure!
Today’s live Luffy G5 price is $0.011991, with a 24-hour trading volume of $66,200.75. Luffy G5 is down 43.39% in the last 24 hours. The current CoinMarketCap ranking is #3073, with a live market cap of unavailable. The circulating supply is not available, and a maximum supply of 10,000,000 LFG coins.
4. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix ($BTCMTX) presents an innovative approach to cryptocurrency investment, offering a stake-to-mine model reshaping how Bitcoin mining is accessible to individuals.
The project allows token holders to mine Bitcoin with a $10 investment, eliminating the need for expensive mining rigs or reliance on cloud mining services with hidden fees. By staking BTCMTX, users generate cloud mining credits that convert into mining power and allocate mining time.
Opting for #BitcoinMinetrix for hassle-free mining! ⛏
With cloud mining, say goodbye to concerns about reselling equipment.#BTCMTX manages upgrades, this allows users to concentrate on their $BTC venture without the hassle of aging hardware. pic.twitter.com/qnaIY32gP7
— Bitcoinminetrix (@bitcoinminetrix) October 12, 2023
This mechanism simplifies the mining process and empowers investors to have direct control over their assets. The 600% APY, although likely to decrease as more tokens are locked, demonstrates early investor interest.
It’s important to note that Bitcoin Minetrix’s audited smart contract, low entry barrier, and a clear mission to make Bitcoin mining more accessible contribute to its potential appeal.
However, as with all investments, due diligence and consideration of individual financial goals are essential, especially given the inherent volatility of the crypto space.
Visit Bitcoin MINETRIX
5. Gyrowin (GW)
Gyrowin’s GW token is part of a decentralized cross-chain gaming and finance platform, and its mission centers on transparency and fairness in reward distribution for lottery games while maintaining complete decentralization through oracles and smart contracts.
The utility of GW extends to various aspects, including Borrowing, lending for interest, staking with multiple rewards, governance votes, transaction fees, and rewarding stakeholders.
What makes Gyrowin potentially intriguing for investors is its well-thought-out token allocation strategy. With a clear focus on stability, governance, and long-term growth, the allocation of token supply demonstrates a commitment to building a robust ecosystem.
However, potential investors should recognize that the success of such projects hinges on effective execution and user adoption in the highly competitive crypto space. Therefore, careful consideration and research are paramount for those considering GW investments.
Gyrowin is a decentralized cross-chain gaming and finance platform. The platform aims to distribute transparent and fair rewards for all its lottery games. It strives to maintain complete decentralization by running all its core activities through oracles and smart contracts. GW is the native utility token used for Borrowing and lending to earn interest.
Gyrowin GW token
CMC listing applied! @CoinMarketCap
Ticket number: 775354
CMC Dexscan URL: https://t.co/ZrVz36sZLv— Gyrowin (@Gyrowin) October 11, 2023
Staking (also called money plant) has multiple sources of rewards to earn a higher Return on Investment (ROI) for the participants—governance votes to determine platform core changes. Fees for buying and selling tokens. Rewarding stakeholders and lenders.
Today’s live Gyrowin price is $0.005302, with a 24-hour trading volume of $45,838.95. Gyrowin is up 0.78% in the last 24 hours. The current CoinMarketCap ranking is #3280, with a live market cap of unavailable. The circulating supply is unavailable, and there is a maximum supply of 5,000,000,000 GW coins.
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