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InsideBitcoins regularly reviews new cryptocurrency releases, ICOs, and the latest CoinMarketCap listings to add to your watchlist.

Even though there’s a bloodbath raging across the crypto industry, many new coins join the ranks daily. In all, the number of cryptocurrencies that get listed every week ranges into hundreds.

Sadly, the ever-increasing quantity of these new cryptocurrencies makes it difficult to keep up with the trend.

One of the benefits of staying informed about the new cryptocurrencies and projects is that it gives investors an insight into the direction of the industry. For example, recent cryptocurrency trends gradually shift from Degen tokens to DeFi-based projects. Nonetheless, many memecoins fall in the top 100 cryptocurrencies. Hence, today’s update highlights SONIK, one of the best-performing presale projects. The details of its performance are revealed below.

1. Lumishare (LUMI)

LumisShare is the financial ecosystem that seeks to tokenize tangible works assets. The information on its website claims that the project aims to make funding available to projects and allow cryptocurrency holders to participate in real-world investment opportunities. Lumishare is said to have kicked off in the renewable energy sector and is currently expanding into gold. Below is the highlight of its description on CoinMarketCap.

Through a combination of human capital, technology, cash and gold, LumiShare has created a new economic method driven by blockchain innovation and relying on traditional economics (specifically the US economy until 1971). LumiShare’s asset backed NFT Marketplace is a financial ecosystem of tokenized renewable energy assets and digital transactions around a community of consumers, investors and businesses. With a vision to bring transparency and trust to the crypto markets, LumiShare has launched the world’s first Trust token, LUMI, which is backed up by 3 uncorrelated assets (Gold, Cash and Technology). LumiShare has also introduced the concept of “Proof of Transparency ” including “Proof of Gold” and “Proof of Funds,” in line with its vision of being 100% transparent to the world.

The price of LUMI is $0.034016, and its trading volume in the last 24 hours is $17,696.98. Also, the new coin currently ranks at #4013 on CoinMarketCap, but the details of its market cap are unavailable. LUMI’s circulating and a max. Supply is pegged at 100,000,000 coins, and the token is listed on MEXC.

2. CoinBot (COINBT)

CoinBot is a new arrival in the DeFi sector. The new crypto project is described as an all-in-one multichain aggregator that works on Telegram. It claims to provide a robotic guide to smart trading by sourcing the best prices across top protocols. With that, it promises to serve as the single access point to DeFi without cross-chain transactions. Below is a section of its description on CoinMarketCap.

Launched in 2023 by a decentralized team across the globe, CoinBot is a sophisticated trading bot integrated into the popular messaging platform, Telegram. This innovative tool transforms how users trade and manage digital assets across nine major blockchains, including Bitcoin, Litecoin, Dogecoin, and more. CoinBot operates on an open-sourced infrastructure protocol from THORChain, which offers secure and trustless cross-chain swaps. The aim of CoinBot is to democratize access to efficient trading strategies and deliver value to its users. CoinBot uses a native utility token, $COINBT, and holders of the token are entitled to share in the revenue generated by the project. Key components of CoinBot include A Telegram Bot: This accessible interface allows users to trade across various blockchains effortlessly. DEX Aggregation: This feature enables users to find the best price for their swaps across different chains, optimizing value extraction. Cross-chain Support: CoinBot supports nine major blockchains, providing a comprehensive trading environment for its users.

The Price of COINBT today is $5.73, and it boasts a 24-hour trading volume of $117,380. The current CoinMarketCap ranking is #2912, with a live market cap of unavailable. The circulating supply is not available, and a max. supply of 1,000,000 COINS. COINBT is listed on Uniswap v2.

3. Nchart Token (CHART)

Nchart is a robust DeFi charting tool designed to function on Discord, according to the information available on its website. Additionally, it claims to provide tools that allow users to generate charts of ERC20 token pairs and NFTs/Ordinals. Part of its value proposition includes generating all the above information within seconds. Furthermore, it claims its solution is already in use across several discord servers: up to 900. A bit of its CoinMarketCap description is featured below to provide additional information about the project.

Nchart Token (CHART) is the token of the Nchart ecosystem. Bots and future products by the Nchart team will integrate as part of their revenue model. Currently, products include Nchart Discord bot, Nchart Telegram bot, and Kekotron. Nchart is used to provide charts for Dex Pairs, NFTs, and Ordinal collections directly from chat applications and is in use by over 1000 Discord servers. Kekotron is an advanced MEV tool for crypto traders.

While the value circulating supply of CHART remains unknown, its max supply is pegged at 10 million tokens. The new crypto has a ranking of #4013 rank on CoinMarketCap, as computed from its market cap. At press time, the price of CHART is $0.321478, with a 24-hour trading volume of $64,261.71. Also, information about its listing is unavailable.

4. Base Velocimeter (BVM)

Base Velocimeter is joining the liquidity pool race. From the information available on its website, it was gathered that the project provides decentralized exchange services to users. It further states that the platform allows users to swap tokens, provide liquidity, farm crypto and participate in votes. It also claims that it includes features incentivizing users to participate in liquidity pools. The project’s website and documentation present several other claims, but the excerpt below summarizes the key points.

What is the project about? ve33 Dex on Base. What makes your project unique? Options tokens as liquidity mining incentives & as a service for partner protocols to use for airdrops, fair launches, voting and liquidity mining incentives. veNFT grants for partner protocols and weekly bribe rebate system. History of your project. We are now live on Canto Fantom Mantle Pulse and Base, and the codebase is up to v3. What’s next for your project? Continue to launch on layer 2 chains. Flashloans for options exercising. Further develop out our bribe rebates system. What can your token be used for? Users may lock BVM to veBVM and vote to earn voting incentives (bribes) and trading fees.

The live BVM is $0.561843, with a 24-hour trading volume of $67,402.88. The current CoinMarketCap ranking is #3207, with a live market cap of unavailable. The circulating supply is not available, and a max. supply of 6,285,100 coins. Information about its listings is yet to be made available.

5. Sonik (SONIK)

Every degen investor should keep a close watch on this upcoming crypto. True to its claims as the speedy coin, SONIK has wisk its way up the funding route with over $300,000 barely weeks after the presale kicked off.

speedy lil’ ba**ard pic.twitter.com/Lb9yj2lGoe
— SONIK COIN (@Sonikcoin) August 22, 2023

The presale target is still $2,098,547, and the goal is to take the token from zero to 100 million dollars market cap in a snap. That’s why the platform calls on adventurous degen investors to join the train and make the speedy vision a reality.

SONIK has a fixed presale price of $0.000014, and it will maintain the discount till the presale ends. After that, it will be listed on various exchanges, and the journey toward the vision begins. It’s best to get in early and take advantage of the presale offer.

It may also interest investors to note that the project’s tokenomics is designed in favor of the community. 50% of the total supply is sold at presale, and the rest is put into platform operations.

All that is needed to drive the platform to the moon is the community’s commitment, as the team lineup looks excellent already.

Visit Sonik Coin Presale

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