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InsideBitcoins regularly reviews new cryptocurrency releases, ICOs and the latest CoinMarketCap listings to add to your watchlist.
The downturn in the crypto market is starting to bite hard as the rate at which new crypto projects enter the market has reduced dramatically.
Nonetheless, CoinMarketCap and other exchanges listed a few new cryptocurrency releases, and this article will provide a quick rundown of the projects.
New Cryptocurrency Releases, Listings & Presales Today
What are the new cryptocurrency releases today? While the new tokens listed on CoinMarketCap today fall under existing crypto sectors, they offer unique solutions to real-life problems.
However, some of the tokens are essentially memecoins with no utility or values of their own. Hence, the community dictates their values. Also included in today’s review is the upcoming crypto project, LaunchpadXYZ. The novelty of the new project is its unique combination of crypto AI, trading education and Web3 initiatives. The details of the project are included below.
1. Botopia.Finance (BTOP)
Information on its website stated that the company behind the project, Botopia Finance Ltd, is based in Dubai, United Arab Emirates. Botopia.Finance is described as a DeFi fintech that provides access to passive income. It claims to leverage artificial intelligence to provide customized services for platform users. The platform’s mission statement emphasizes its commitment to the financial prosperity of its users by providing them with the necessary tools to help them understand and manage their finances. Additional information is provided in the CoinMarketCap overview below.
Botopia Finance is an AI-based automated platform. It analyzes more than 300 pairs, evaluating multiple indicators, the crypto assets with more volatility, volume and profitability of the market. Thanks to this technology, we can foresee the price trends in the market and make the most convenient investment at the right time, thus maximizing the return. Botopia Finance offers a tiered user-level system that allows individuals and institutions to participate in our project, regardless of their financial capacity and prior knowledge. Our company policy is to offer easy access to the crypto assets market through our investment platform without the user requiring prior experience in the financial markets.
Botopia.Finance is a new crypto project built on the BNB chain, and its native token is BTOP. At press time, the price of BTOP is $0.028513, with a 24-hour trading volume of $13,275. Furthermore, BTOP has a Market Cap of $3.18M and holds the #4247 rank on CoinMarketCap. Its circulating supply, as reported by CMC, is 111.63 million tokens, while its maximum supply is 120 million coins. The details of its exchange listing are currently unavailable.
2. Web3Shot (W3S)
Web3Shot is ultimately making Web3 and its underlying technology accessible to everyday people. The details on its website explain that the project aims to provide a platform where Web3 experts can host content and build a knowledge base for everyday people to access. Furthermore, it states that Web3 Shot intends to form a vibrant community of users via a permission-less ecosystem driven by the community. Hence, the W3S token serves as the governance and the native currency of the platform. Sadly, the new crypto project is unavailable in some regions, as stated on its website.
“Web3Shot is building a learning platform for massive web3 adoption, providing interesting Learn-to-Earn products and onboarding infrastructures for users and businesses to enter the new world of web3. With our easy-to-use Learn-to-Earn product and other gamified learning experiences, Web3Shot aims to onboard billions of users to the Web3 world. It’s open to all because in building a new iteration of the Web, we bring together the best projects in the space to create quizzes. At the same time, we are also building a robust community, with our members at the center, for collective learning.
Web3Shot is built on the BNB chain, and its native cryptocurrency is the W3S token. The W3S token sells for $0.290396 at the time of writing, and it has a trading volume of $154,904 in the last 24 hours. Additionally, the new cryptocurrency has a $761,944 market cap based on its current price. It holds the #2707 rank on CoinMarketCap due to its current price and circulating supply. However, the details of its circulating supply are currently not available, but the maximum supply of the token is limited to 100 million coins, as reported by its coin page. Furthermore, the new coin is listed on MEXC.
3. Degen (DEGEN)
Degen is a new memecoin that’s said to have zero intrinsic value. The value of the token comes from the interest within its community. According to its website, Degen is on a mission to raise a community of nonconformist memecoin lovers willing to pump the value of the new token and chase the gains that come with it. Its CoinMarketCap page describes the coin as follows.
In cryptic realms where degens roam, a wild ride, a risky home. Digits dance with hearts burning, chasing gains, embracing fire. Tokens rise, and tokens fall. We heed no caution, heed no call. Degen’s rule, no room for fear, crypto chaos, loud and clear. Through market swings and FOMO’s hold, we create the stories told. With diamond hands or reckless glee, we’re meant to be in this crypto world. Degenerate spirits, unconfined, in this digital realm, our ties we bind. in the depths of depravity, where rebels play.
Degen is built on the Ethereum Chain, and its native currency is DEGEN. According to CoinMarketCap, the new cryptocurrency has a value of $0.000014 today, and its trading volume in the last 24 hours surpassed $1,830,669. DEGEN ranks #2194 on CoinMarketCap, and the token reportedly has 100 billion circulating and maximum supply. Information about its exchange listing is currently unavailable.
4. ApexCoin (APEX)
ApexCoin is a new addition to the DeFi sector, and it claims to be on a mission to revolutionize how people engage with financial services. According to its website, the platform leverages the power of emerging tech and Zero-Knowledge rollups to bridge the gap between traditional finance (TradFi) and Decentralized finance (DeFi). It further explains that the ApexCoin platform features a suite of tools that users can depend on to take control of their financial lives. As stated in its whitepaper, its core mission is to foster financial inclusion and the adoption of DeFi in everyday life. The snippet below captures additional information about the project.
The Apex Coin project aims to revolutionize decentralized finance (DeFi) by leveraging cutting-edge technologies and innovative features. The primary objective of Apex Coin is to foster the widespread adoption of DeFi by addressing the existing challenges faced by traditional financial systems. By utilizing advanced technologies such as Layer 2 and ZK rollups, Apex Coin aims to enhance scalability, efficiency, and privacy in the DeFi space. Apex Coin utilizes Layer 2 solutions to overcome the scalability challenges associated with blockchain networks, allowing for more transactions per second and significantly reducing transaction fees. By implementing Layer 2, Apex Coin can provide users with a seamless and efficient DeFi experience while ensuring the network remains secure and decentralized.
ApexCoin is built on the BNB chain, and its native currency is the APEX token. Today, APEX is valued at $0.348119 and in the last 24 hours, the new coin had a trading volume of $197,726. With that, its market cap is computed to $371,468. Thus, it’s ranked at #2646, based on its market cap at press time. APEX reportedly has a circulating and maximum supply of 1 million tokens. Also, the token is reportedly listed on PancakeSwap v2 (BSC).
5. LaunchpadXYZ (LPX)
Still on its part to becoming the revolutionary project in the crypto AI and education sector, LaunchpadXYZ is gradually stepping closer to its presale goal.
Nonetheless, the door is still wide open for investors to come on board and be a part of the empowering move. LaunchpadXYZ aims to empower the next generation of crypto investors through in-depth knowledge and insider information about high-value crypto projects.
Trading from the anywhere? That’s the lifestyle we’re after! 🏖️
Make it happen with #LaunchpadXYZ
👉https://t.co/VP1YsOx6jB
#LaunchpadKnows #Crypto #Altcoins #Web3 pic.twitter.com/lrvD5eX5ck— Launchpad.xyz (@launchpadlpx) September 5, 2023
Additionally, it allows presale investors to enjoy the platform’s benefits even before the LaunchpadXYZ fully debuts. The presale offering is now tiered into various prices, and investors enjoy exclusive benefits based on the amount they commit to the project. Also, early investors can take advantage of the ongoing 19% bonus. It ends in a few hours.
Above all, early investors receive an amount of the LPX token, which grants them unrestricted access to the LaunchpadXYZ platform.
Visit LaunchpadXYZ presale.
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