Altcoins
17 New Crypto Launches to Invest in May 2024 (Up and Coming)
Last updated:
April 30, 2024 05:43 EDT
| 25 min read
Blockchain hosts thousands of crypto projects, with new chains and tokens launched almost daily — but only a few projects add high value to investors. Our analysts reviewed several new crypto project launches that can benefit investors and have strong long-term potential.
We reviewed each crypto in detail and provided guidance on how to discover new crypto launches. Our guide also answers the main questions investors have, and we’ve included key elements investors should analyze and ask themselves to decide if a project is a worthwhile investment.
- First truly multi-chain Doge token, promising interoperability across major blockchains
- Easy to buy and claim $DOGEVERSE tokens during presale phase
- Could be the next Doge-inspired coin to explode ahead of Doge Day
Project Launched
April 2024
Purchase Methods
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ETH
-
usdt
- Brand new South Park-inspired seal-themed SOL meme coin
- Ideal coin to buy in presale ahead of the expected summer meme coin frenzy
- Thought to be by the team that was also behind the viral SLERF coin
Project Launched
May 2024
Purchase Methods
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Solana
- Infinitely upgradeable AI meme coin, with modular technological capabilities.
- Huge staking rewards available everyday during presale.
- Presale price rises every two days – buy now to benefit from best price before listing.
Project Launched
April 2024
Purchase Methods
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ETH
-
usdt
- First of its kind daily rewards based on the performance of Mega Dice Casino
- $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
- $2,250,000+ USD airdrop for casino players
Project Launched
April 2024
- Learn-to-Earn platform that rewards users for learning about crypto
- Stake $99BTC tokens in secure smart contract to earn passive rewards
- Get the edge in fast-moving markets with expert crypto trading signals
Project Launched
April 2024
Purchase Methods
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ETH
-
usdt
-
Bank Card
- +1 more
- Innovatives VR & AR Gaming Project
- Aiming to Raise $15M Across 12 Rounds
- Token Holders Get Lifetime Access to VR Content
Project Launched
January 2024
- Trending meme coin with P2E utility & staking rewards
- Price up 10x in past month, rumors of Binance listing
- 12k+ holders and growing
Project Launched
December 2023
- Buy and hold $SMOG to generate and earn airdrop points
- 35% of supply reserved for future airdrop rewards
- Viral potential after pumping over 1000%
Project Launched
February 2024
Purchase Methods
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usdt
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Solana
- Native BSC token
- Audited by Coinsult
- Long-term rewards for holders
- Access to huge fee revenue through staking
- 50% of 10bn token supply available at presale stage
- 85% of fees go back to the community
Project Launched
March 2024
- New meme coin offering an immersive experience via high-stakes battles
- Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
- Token holders can cast votes on key project decisions and try their luck in the ‘Lucky Lasso Lotteries’
Project Launched
April 2024
- First crypto-based lending platform, allowing loans up to 75% of the total Memereum assets.
- Comprehensive insurance coverage for digital coins and precious metals, including gold and silver.
- High-value holders get state-of-the-art NFTs, valued over $1,500 in the open market.
Project Launched
March 2024
- Innovative AI crypto casino offering staking, airdrops and custom games
- $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
- Offers daily staking rewards, hype NFTs and is fully audited by Certik
Project Launched
March 2022
The Top Crypto Launches to Watch This Year
Before we get into the detailed reviews of the top crypto launches, let’s quickly find out what each offers.
- Dogeverse ($DOGEVERSE) – Earn ETH staking rewards with this multi-chain token that’s set to go hyper-viral.
- WienerAI ($WAI) – Latest dog-themed meme coin with over 3,500% staking APY
- 99Bitcoins ($99BTC) – Earn staking rewards with this learn-to-earn token from a trusted crypto community.
- 5th Scape ($5SCAPE) – VR ecosystem token with a 350% potential presale growth.
- Sponge V2 ($SPONGEV2) – 100x original token relaunch with 106% staking APY.
- Smog ($SMOG) – Popular crypto launch aiming to deliver the greatest airdrop on Solana.
- eTukTuk ($TUK) – Crypto project that reduces emissions with EVs, offers 207% staking APY.
- Slothana ($SLOTH) – Newly-launched Solana meme coin, over $15 million raised in presale.
- Shiba Shootout ($SHIBASHOOT) – Shiba-themed meme coin, offering real utility
- Mollars ($MOLLARS) – DeFi and gaming crypto with a burn mechanism. Raised $850K+ in presale.
- Insanity Bets ($IBET) – Revolutionizing online gambling with a decentralized platform where users can play as ‘the house.’
- Gas Wizard ($GWIZ) – New crypto launch from a project designed to help you pay less at the gas station.
- BlastUp ($BLP) – Early-stage project launchpad with Blast native yield rewards.
- Cerra ($CERRA) – DeFi protocol on Cardano that will share revenue with token holders.
- Honk ($HONK) – Viral BSC project aiming for global reach with strong KOL support.
- De.Fi ($DEFI) – New crypto launches democratizing DeFi.
- EDUM ($EDUM) – Educational platform breaking financial barriers with JINHAK partnership.
A Closer Look at the Best New Coin Launches
We start off our list of the top new coin launches with some brand-new projects in the early phases of their presale:
1. Dogeverse ($DOGEVERSE) — The Best New Crypto Launch to Invest in 2024
Dogeverse is an innovative meme coin, making a splash in the 2024 crypto market. This token sets itself apart as the first multichain meme coin, available across six major blockchains — Ethereum, BNB Chain, Polygon, Solana, and soon Avalanche and Base. This way, users can buy and claim $DOGEVERSE across all these platforms seamlessly.
Central to Dogeverse’s appeal is Cosmo the Doge. Born from a cosmic event, Cosmo represents the agility and interconnected nature of Dogeverse. This isn’t just about hopping from one chain to another; it’s about uniting diverse crypto communities under one humorous and creative banner.
Cosmo is the hyper jumping star of the cross-chain Dogeverse
With a total supply of 200 billion tokens, Dogeverse’s allocation strategy is designed to support every aspect of its ecosystem. From liquidity and marketing to community incentives, each token serves a purpose, ensuring a robust and sustainable model. Moreover, the staking feature on Ethereum allows token holders to earn passive rewards, enhancing the appeal for long-term investors.
Dogeverse tokenomics
The ICO performance of Dogeverse is a testament to its potential. Garnering $1 million within two days, surpassing its initial 4-day target, signals strong market interest. The coin’s approachability is bolstered by its straightforward buying process, low gas fees, and easy bridging across chains.
Dogeverse isn’t just riding the meme coin trend; it’s reinventing it. The roadmap indicates an ambitious plan for expansion and visibility, with applications for listings on CoinGecko and CoinMarketCap and upcoming DEX and CEX listings.
Dogeverse’s innovative multichain approach, charismatic mascot, and strategic ecosystem make it a promising and potentially lucrative new crypto coin worth investing in for 2024.
Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, MATIC |
Chain | Multichain |
Min Investment | None |
Max Investment | None |
2. WienerAI – Latest Dog-themed Meme Coin With a Generous Staking APY of Over 3,500%
WienerAI ($WAI) is one of the top token launches to have graced the crypto market in 2024. The project aims to ride on the growing popularity of meme coins and artificial intelligence to soar to the moon.
With its distinctive approach, $WAI stands tall above its counterparts due to its unique combination of humor, finance, and technology. As the first project that combines artificial intelligence and canines, $WAI intends to overtake well-established doge-themed meme coins and become a force to reckon with through what its whitepaper describes as “weenie gunning for top dog on the charts.”
To achieve this goal, $WAI is planning to build a strong community that’s described as “his legion of allies.” The project team has already set aside 20% each for staking and community rewards. According to its whitepaper, the staking rewards will help incentivize users for engaging with its ecosystem.
At press time, $WAI is offering a whopping 3586% return for early movers of the token which places the token among the most anticipated token launches.
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Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, MATIC |
Chain | Ethereum |
Min Investment | N/A |
Max Investment | None |
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3. 99Bitcoins — Innovative Learn-to-Earn Token Backed by a Trusted Crypto Community
99Bitcoins is a new crypto launch making waves in the industry with its unique Learn-to-Earn (L2E) model. Launched by a well-established educational platform in crypto, 99Bitcoins, this token merges education with cryptocurrency.
Known for its best-in-class educational resources, the platform has a solid base of 700,000 YouTube subscribers and 2 million course users, providing it with a significant community to kickstart its new venture.
Incentivized crypto learning platform 99Bitcoins.
99Bitcoins’ move to launch $99BTC token coincides with Bitcoin’s approaching halving, an event historically known to boost market prices, hinting at an opportune moment for price appreciation.
The tokenomics involve a total supply of 99 billion $99BTC, with 15% allocated for a presale across fourteen rounds. The L2E model is particularly engaging, rewarding users with crypto for learning about it. This approach gamifies education, offering quizzes and interactive modules that translate learning achievements into tangible rewards.
$99BTC holders are not just learners but also beneficiaries of multiple perks: from staking rewards on Ethereum to access to exclusive content, trading signals, and VIP community groups. The platform’s commitment to education and community building in the crypto space sets it apart.
99Bitcoins is amplifying its launch with a substantial airdrop and giveaway, rewarding early adopters and community members. This, coupled with the platform’s existing reach and new mobile apps, positions 99Bitcoins’ token as a promising new crypto launch in 2024.
Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, and card |
Chain | Ethereum (will bridge to Bitcoin) |
Min Investment | None |
Max Investment | None |
4. 5th Scape (5SCAPE) — Newly-Launched Utility Token Powering a Virtual Reality Ecosystem
5th Scape (5SCAPE) is one of the first virtual and augmented reality ecosystems that aims to connect users in its hyper-realistic gaming ecosystem. By leveraging 5SCAPE, the utility token, users can access various games, products, and educational content.
Now in its fourth presale stage, $5SCAPE is priced at $0.00285 per token. The token will be allocated across 12 presale rounds. By the final stage, the 5SCAPE price will increase to $0.0087 — an increase of more than 350%. Thus, early investors can acquire the token for a lower level, ahead of the initial exchange offering.
Token holders are given free access to the upcoming VR games on 5th Scape. These include Cage Conquest – an MMA-themed VR ecosystem. Other games include ‘Epic Cricket Arena,’ putting you at the center of the Cricket action. You can play match days and enjoy a realistic gaming experience.
The 5thScape whitepaper states that 5SCAPE will be listed on crypto exchanges by Q3 2023. The exchange listing will be followed by multiple game launches – which could help the token price soar in the long term.
For more information on this VR project, join the 5th Scape Telegram channel.
5. Sponge V2 (SPONGEV2) – New Crypto Launch Offering Generous Staking Rewards
Sponge V2 (SPONGEV2) promises to be better, bigger, and more absorbent. This is impressive, considering the original token was worth $100 million at its peak and exploded by 100x.
Investors can expect a lot from the SPONGE sale. SPONGE’s whitepaper states that the only way for investors to obtain V2 tokens is to bridge from V1 tokens. Investors who permanently lock and stake their V1 tokens receive four years of staking rewards for SPONGEV2. This is a huge reward for being the first to switch to the new token.
The project also aims to list the SPONGEV2 token on Binance, OKX and other major exchanges to absorb the damp everywhere. As Binance’s listing of BONK tokens and MEME shows, these exchanges are rocket fuel for meme coins.
If it hits these exchanges, look for SPONGE to surpass $100 million in valuation again. For the latest listings, keep an eye on Sponge X or Telegram. Investors can find out more on the SPONGE Discord channel.
6. Smog (SMOG) – New Crypto Launch Aims to Deliver The Greatest Token Airdrop on Solana
Smog (SMOG) is the latest token launch that aims to drop 490 million tokens and make the greatest Solana airdrop and outperform all meme coins on the blockchain, such as Bonk, Myro and Dogwifhat. To receive a portion of the airdrop, you must hold SMOG tokens first.
Buy SMOG on Solana using the Jupiter aggregator. Connect your Solana wallet, such as Phantom, and use SOL, USDC or USDT to complete the purchase. Ethereum users can also buy SMOG directly on the SMOG website, either with ETH, USDT or a card.
If you buy SMOG with ETH, you can stake it for 90 days and earn 42% staking APY. Both stakers on Ethereum and holders on Solana are eligible for the 490 million token airdrop. That’s 35% of the total token supply, with 50% of the total supply dedicated for marketing efforts. This means there’s a huge potential that SMOG will reach meme coin levels and outperform its Solana peers.
Make sure to follow Smog on X and join the Smog Telegram channel for the latest information.
Presale Started | Feb 2024 |
Purchase Methods | ETH, SOL, USDC, USDT, Card |
Chain | Ethereum and Solana |
Min Investment | None |
Max Investment | None |
7. eTukTuk (TUK) – New Crypto Launch Aiming To Reduce Carbon Emissions With EVs
eTukTuk (TUK) is a new crypto launch on the Binance Smart Chain that aims to tackle global challenges like climate change and economic inequality. It’s mainly focusing on sustainable transport in developing countries.
The platform’s main goal is to transition existing tuk-tuk fleets powered by Internal Combustion Engines (ICEs) to electric vehicles (EVs), significantly cutting carbon emissions. Plus, eTukTuk is establishing a network of Electric Vehicle Supply Equipment (EVSE) and solar charging stations with local partners, readying for a broader EV rollout.
As per the eTukTuk whitepaper, the platform’s token, TUK, has various uses. Primarily, it will be utilized for transactions at EV charging points. As these stations become more popular, part of the revenue will be shared with local collaborators who maintain and power the stations. Also, TUK token owners can stake the tokens to earn an APY that grows with the rise in transactions and EVSEs.
The presale has now raised more than $1.8m and offers 137% staking APY – to stay updated on eTukTuk’s progress, consider joining the token whitelist and following the eTukTuk Telegram channel.
8. Slothana — Solana-Based New Crypto Launch Offering High Staking Rewards
Slothana, a new Solana-based meme coin, is swiftly gaining traction in the crypto market with its unique concept. Centered around an “office sloth” who leaves the 9-5 grind for crypto trading, Slothana has struck a chord with investors, evidenced by its viral presale.
The project’s straightforward presale mechanism, which involves sending Solana (SOL) directly to a designated address for an immediate airdrop of Slothana tokens, has played a key role in its appeal. This simplicity removes typical presale complications and waiting periods.
Rapidly raising over $500K within hours of its launch and $1 million in under two days, Slothana showcased strong community trust and investor backing. Two weeks into its ongoing ICO, it raised over $10 million.
Aiming to replicate the success of previous Solana meme coins like Slerf, Slothana presents a lucrative opportunity with its lower market cap during the presale phase and potential for exponential returns.
Key to Slothana’s potential upside are several factors: robust community support, plans for exchange listings to boost market presence, and its unique presale model. Leveraging Solana’s blockchain also adds value due to quick and cost-effective transactions.
At present, Slothana’s presale allows early buyers to acquire tokens at an attractive rate of $0.018 per token (1 SOL for 10,000 $SLOTH), promising a significant upside. The buzz around meme tokens and the general market recovery further bolster its prospects.
Presale Started | March 2024 |
Purchase Methods | SOL |
Chain | Solana |
Min Investment | None |
Max Investment | None |
9. Shiba Shootout – Shiba-themed Meme Coin, offering Real Utility
As the meme coin frenzy continues to push top tokens in the market segment to the moon, savvy investors are now on the lookout for a crypto with the highest potential. Amid the list of options available, Shiba Shootout ($SHIBASHOOT) stands out, presenting itself as one of the top crypto launches this year.
With its novel narrative of gathering crypto enthusiasts in a bustling digital settlement of Shiba Gulch which lies in the heart of the Wild West crypto frontier, $SHIBASHOOT aims to build an interactive community. While most meme coins rely on a humorous character and ever-active community alone, $SHIBASHOOT has taken a step further by adding real utility to its offerings.
The meme coin is on the course of transcending beyond the traditional boundaries of cryptocurrency, offering investors the opportunity to join its thrilling adventure that comes with “creativity, strategy, and the charm of a cowboy’s duel.”
As expected, $SHIBASHOOT has been gaining huge attention despite launching a few hours ago. The meme coin has already attracted the attention of a popular crypto analyst on YouTube, ClayBro who spoke highly of the token’s exquisite offerings.
Considering its perfect launch timing, community-oriented tokenomics, real-world utility, and meme coin allure, Shiba Shootout’s ongoing presale is expected to witness more participation for degens seeking the best opportunity to increase their bags.
Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, CARD |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
10. Mollars (MOLLARS) – DeFi and Gaming Crypto With A Burn Mechanism
Mollars ($MOLLARS) is an emerging crypto launch that blends the appeal of meme tokens with Web3 and gaming functions. The platform aims to revolutionize the DeFi sector by focusing on decentralization, autonomy, and community governance.
After its launch, it plans to transition to a community-driven governance model, allowing $MOLLARS holders to have a say in its future.
The project has raised over $1 million in its presale, showing strong community interest and support. This enthusiasm suggests Mollars could become a key player in the DeFi landscape.
With a total supply of 10 million tokens, 40% is available in the presale at a discounted rate for early buyers. Its tokenomics have a 3% transaction tax for ecosystem growth and a 1% burn rate to increase token value over time.
Mollars also improves its ecosystem by offering more utility with a decentralized exchange and gaming platform. It offers an exciting option for those interested in participating in a platform that converges gaming, Web3, and DeFi.
Potential investors and community members can read the Mollars whitepaper and engage with the community on Telegram and X (Twitter) to stay updated on its progress.
Token Symbol | MOLLARS |
Presale Supply | 4,000,000 MOLLARS |
Token Type | Ethereum |
Payment Method | ETH, USDT, Card |
Listing Price | N/A |
11. InsanityBets – Revolutionizing Online Gambling With A Decentralized Platform Where Users Can Play As ‘The House’
InsanityBets is next on our list of the best crypto launches. It is reinventing the online gambling space via a decentralized platform that allows users to play as ‘the house’ while earning real yields through combining CasinoFi and GameFi.
Currently, the native token $IBET is available for early investors, who can access it through the platform’s presale, which offers up to 50% of IBET’s supply.
The platform uses an innovative ILP contract that allows users to mint tokens and earn from the pool of losses. Additonally, InsanityBets is decentralized, transparent, and fair, using Chainlink VRF for multiple games’ random event generation.
The InsanityBets DAO governs the platform to ensure community inclusiveness. The platform combines the best of crypto gaming, blockchain betting, and DeFi yield hunting.
Early investors can benefit from staking or burning $IBET tokens to generate yield through trading fees, with a massive 85% of platform fees reserved for them. As the project continues, it aims to compete with established players leveraging new-age innovations in DeFi.
Buyers can enter the InsanityBets Telegram channel and follow it on X (Twitter) for the most recent updates on upcoming exchange listings.
Token Symbol | IBET |
Presale Supply | 5 Billion |
Token Type | Arbitrum |
Payment Method | ETH, USDT,BNB, USDC, etc |
Listing Price | N/A |
12. Gas Wizard – New Crypto Project Aiming to Lower Your Gas Station and EV Charging Station Costs
Gas Wizard is an exciting crypto project with real-world utility designed to help you pay less when refueling your car or recharging your EV. The way it works is you use a gas or charging station from the Gas Wizard partner network and you get discounts and earn rewards in $GWIZ for using them.
This is a form of loyalty network built on the blockchain to save cost, increase transparency and speed. Moreover, with a feature called GasWizard Challenge, community members are rewarded for updating gas prices, giving Gas Wizard users a real-time overview of the cheapest stations.
The project is now in a presale phase where you can buy $GWIZ tokens for $0.01 apiece. This is the first presale stage out of 10. Each consecutive stage will have a higher price than the previous.
The $GWIZ token is an ERC-20 token, and you can buy it with ETH, BNB, WBTC, USDT or USDC both on the Ethereum and Binance networks.
Only 6% of the total token supply is available in a presale and a public sale, while 30% of the total token supply will be used for staking and platform rewards when these features become available.
Make sure to follow the Gas Wizard X account and join the Gas Wizard Telegram channel for the latest information.
Token Symbol | GWIZ |
Presale Supply | 5 Billion |
Token Type | Ethereum |
Payment Method | ETH, USDT, BNB, USDC, WBTC |
Listing Price | N/A |
13. BlastUp (BLP) – Early-Stage Project Launchpad With Native Yield
BlastUP is an innovative launchpad platform on the Ethereum blockchain that rewards its users. From start to finish, BlastUP screens potential projects to make sure only the high-quality projects will launch and helps the project prepare for their launch from tokenomics to documentation preparation.
The idea behind the BlastUP token (BLP) is that users who hold it will receive a certain allocation for token sales on projects launched on BlastUP. By staking your BLP, you earn interest and get loyalty rewards for participating in IDOs.
On top of earning rewards with BLP, you can also stake ETH and stablecoins as Blast is Ethereum’s Layer 2 protocl. In fact, this is the first L2 protocol to reach $1 billion in total value locked (TVL) in 35 days. That’s because Blast offers auto rebasing where ETH yield comes from Lido while stablecoin yield from the MakerDAO.
Over 11,000 participants have raised more than $5 million so far in the BLP presale out of $12 million targeted. One BLP goes for $0.06 at the current presale stage and it will go up to $0.065 in the next stage. The estimated price on launch is $0.1. Presale participants will get up to 12% in Booster Points, and those who hold 1,000 or more Booster Points are eligible for weekly Blastbox airdrops, which contain NFTs, stablecoins and more.
Check out the BlastUp whitepaper for more info. Also, follow BlastUp on X and join the BlastUp Telegram channel for more information.
Token Symbol | BLP |
Presale Supply | 200 Million |
Token Type | Ethereum |
Payment Method | ETH, USDB, USDT, BNB, MATIC, Card |
Listing Price | $0.1 |
14. Cerra (CERRA) – Earn Passive Income With This DeFi Platform on Cardano
Cerra (CERRA) is a new token launch that aims to build a decentralized finance platform on Cardano and distribute revenue to CERRA token holders. Moreover, CERRA can be used as a governance token where you can vote on important decisions regarding the project.
Users will be able to use the Cerra platform for derivatives trading, p2p lending, copy trading and more. Aside from the rewards you can earn as a CERRA holder, you can earn even more by utilizing the platform’s yield farming potential.
To buy the token, you need a compatible Cardano wallet, such as Nami, and you need a minimum of $500 in ADA. Also, you need to provide your email to participate in the presale. There are over $170k raised so far at a price of $0.2 per token.
Once the token presale ends, your CERRA will remain locked for six months. The lockup period starts from the day you made your purchase. The lock period applies to the entire supply that will be distributed across various channels, including team tokens, development tokens, yield rewards and vault. Some of these even have a vesting period, such as 24 months for the team tokens.
15. Honk (HONK) – Viral Solana Project With Strong Partnerships And High Rewards
Honk (HONK) is a new crypto launch aiming to replicate the viral success of “The Anonymous Goose Game” by leveraging the Solana network, targeting millions of users worldwide. The platform’s global strategy targets key markets across Europe and Asia, aiming for widespread recognition.
The project will be featured on major platforms like Dextool, Dexview, and Avedex, improving its visibility and attracting new users.
The token is now available across all Solana decentralized exchanges, and you can buy it with SOL, USDC, USDT or any other Solana-based token. But you’ll need a Solana-compatible wallet first, such as Phantom or Solflare.
There are two mobile games available for download on Android devices: Honk a Bonk and Bonk Hunt. This aims to give the project some utility if it aims to outperform other Solana meme coins such as Bonk and Myro.
16. De.Fi – Democratizing DeFi With a Security-Focused Platform for All Users
De.Fi aims to democratize DeFi by making it accessible to everyone, aiming to be the “Robinhood of DeFi.” It aims to break down the barriers of traditional finance by leveraging Web3.
The platform’s mission is to provide a secure and comprehensive platform for users of all experience levels, from seasoned investors to newcomers, allowing them to invest without the risk of significant losses.
The De.Fi ecosystem is built around a security-focused dashboard that allows users to manage their assets while being informed of associated risks.
The native governance token, DEFI, is central to the ecosystem, offering holders access to products, discounts, exclusive community interactions, and partner benefits. DEFI tokens also play a key role in the platform’s governance, allowing the community to vote on proposals.
17. EDUM – Web 3.0 Educational Platform With Strong Partnerships
The EDUM project is a new Web 3.0 educational platform that aims to dismantle financial barriers to education, ensuring access to quality learning resources for all.
By creating a unique educational ecosystem, EDUM aims to provide practical incentives for learners and a platform for educators to offer affordable, high-quality services.
Central to EDUM’s strategy is its partnership with JINHAK, a leading ICT firm in South Korea with a 22-year track record of excellence in education and admissions technology. This collaboration leverages JINHAK’s technological expertise and infrastructure to create a blockchain-based educational service.
EDUM’s vision extends beyond mere academic learning, aiming to include all stages of education and career development, from high school to employment.
What Are Crypto Launches?
A crypto launch refers to the introduction of a new crypto project to the market. Newly launched cryptocurrency can be released in any of the following ways:
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Initial Coin Offerings (ICOs), Token Sales, or Token Generation Events (TGEs) – The issuing and selling of a new cryptocurrency token to investors and supporters, generally at a discounted rate, to raise capital for the development of a project.
- Initial Exchange Offerings (IEOs) – Token sales conducted on cryptocurrency exchanges. The exchange hosts and manages the token sale on behalf of the project.
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Security Token Offerings (STOs) – STOs involve the issuance of security tokens, which represent ownership or a stake in an underlying asset. Such tokens are subject to securities regulations.
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Airdrops – Crypto airdrops involve the distribution of free tokens to existing cryptocurrency holders. These can be a marketing strategy to create awareness, reward loyal users, or distribute tokens in a decentralized manner.
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Forks – When a new version of a cryptocurrency’s protocol is implemented, a fork occurs. This results in a split, creating two separate blockchains with distinct rules.
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Project Launches – Beyond token launches, new crypto projects launching soon can introduce new blockchain technologies, platforms, or decentralized applications (dApps) to the market.
How to Find New Crypto Launches
Investors wanting the best possible crypto prices should get involved in projects in their infancy. That means finding crypto before it lists and investing in projects when they’re in presales or during the ICO. Below are some resources for finding such avenues.
ICO Calendar
The most popular ICO calendar is provided by CoinMarketCap. The convenient aspect of using this source for new coin launches that it shows upcoming ICOs and ongoing projects. Having access to the upcoming ICO information enables investors to gauge projects potentially in the presale stages.
CoinMarketCap’s calendar also provides information about projects that recently concluded their ICO. Those platforms are also considered to be new crypto launches.
Events
Networking is a powerful tool for attaining wealth. The best way to network with like-minded individuals is by attending crypto events. The key speakers usually have an inside scoop about upcoming projects.
Even if the speakers don’t mention new crypto coins during the speech, investors can speak to them after the event. Meeting one of the attendees who know about new crypto launches is highly likely.
Exchanges
The best crypto exchanges advertise new coin listings well in advance to ensure sufficient liquidity the day the coin starts trading.
A key advantage of buying new crypto when it launches on an exchange is the possibility of getting the lowest prices. Then when the rest of the market enters, the demand should increase the coin’s value.
How to Decide Whether to Invest in a Crypto Launch
Investors need to do their due diligence to ensure a project is worth investing in. The fewer risks that accompany a project, the more likely it is to be a sound investment. So, how do investors minimize risk?
Ensure you invest in utility tokens (i.e, digital assets with actual use cases). Crypto coins need to solve a real-world problem, provide a service or enable investors to earn interest by owning them.
The ideal investment would be a project that already has a prominent brand and is branching out into different blockchain protocols.
Investors should enquire about the project’s developers. Knowing the identities of the people running the project is key. It shows they aren’t trying to hide, and investors know who to hold accountable in case of nefarious activities.
Conclusion: What Is the Top New Coin Launch 2024?
Dogeverse is the best new crypto launch due to its innovative multichain functionality across key blockchains and its engaging, community-centric approach, offering users both versatility and a strong potential for growth in the meme coin market.
Up and Coming Crypto Launches FAQs
What new cryptocurrencies are coming out?
Several crypto projects are added to the blockchain daily, but only a few a worth investing in. We found that projects, such as Dogeverse, Slothana, 99Bitcoins, 5th Scape, and Sponge V2, are new coin launches with excellent utility and a big future.
What is the best up and coming crypto?
Dogeverse is the best up-and-coming crypto, offering a unique multichain presence and a community-driven approach, making it a standout choice among new crypto launches.
Where can I find newly launched crypto?
Investors can look for newly launched crypto in several places, such as ICO calendars, crypto events and exchanges. CoinMarketCap is a popular ICO calendar, and attending events with industry leaders as key speakers helps investors gain insight into crypto presales and new coin launches.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Altcoins
On-chain data confirms whales are preparing for altcoin surge with increased buy orders
Ki Young Ju, CEO of analytics platform CryptoQuant, believes whales are preparing for an upcoming surge in altcoins.
In a recent revelation about X, Ju underlines that the volume of limit buy orders for altcoins, excluding Bitcoin and Ethereum, is increasing. This pattern suggests the formation of substantial buy walls, highlighting significant buying pressure from large-scale investors.
Ju’s chart identifies two main phases in limit order volume for altcoins: the limit sell phase and the limit buy phase. The limit sell phase saw a notable increase in cumulative sell orders in 2022, demonstrating strong selling pressure from whales and other market participants. This phase coincided with a period of falling altcoin prices due to unfavorable market conditions.
Then, the limit buying phase began, marked by a significant increase in cumulative buy orders. This indicates a period of strategic accumulation where whales establish substantial buy walls.
According to Ju, the increase in buying volume suggests confidence in the future conditions of the altcoin market. This buying pressure creates strong support levels, indicating that whales are preparing for a positive change in the market.
Buying pressure on specific altcoins
Ju also provided a heatmap of the 1-year normalized cumulative buy/sell volume difference for various altcoins, showing the buying and selling pressure over time. Solana (SOL) has seen alternating strong buying and selling phases, with recent activity showing increased buying interest. Cosmos (ATOM) and Polygon (MATIC) have also shown increased buying pressure despite mixed activity trends.
Cardano (ADA) and PancakeSwap (CAKE) have shown balanced buying and selling phases, with recent trends proving increased buying pressure. Coins like AMP and ANKR have also demonstrated increased buying activity. The heatmap reveals that most altcoins are seeing increased buying pressure as whales and large investors accumulate altcoins in anticipation of a rally.
Meanwhile, coins experiencing selling pressure, as indicated by the predominantly red areas on the heatmap, include DOGE, DASH, AXS, XRP, COMP, and AAVE, BNT.
Bitcoin whales are also buying
It is important to note that while whales are accumulating altcoins, Bitcoin whales are also active. Crypto Basic note an increase in buyer activity on Binance, which aligns with an increase in the buy/sell ratio of takers and whale movements. Analyst Ali Martinez highlighted the ratio fluctuations from below 0.8 to above 1.7 between July 27 and 31. Ratios above 1.0 indicate aggressive buying, often preceding price rallies.
From July 27 to July 28, the ratio remained mostly above 1.0, corresponding to the rise in Bitcoin price from around $66,500 to over $67,000. A spike to around 1.5 led to a sharp increase in price to around $68,500. However, on July 30 and 31, the ratio fell below 1.0 several times, corresponding to a drop in price to around $66,000, before a final spike to 1.7 indicated another slight increase in price.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Altcoins
How to buy a car with cryptocurrency
The automotive and cryptocurrency industries have been merging for the past few years. As digital currencies become more prevalent in everyday activities, it is increasingly likely that they will be integrated into everyday transactions, such as when buying a car. The article unpacks the dynamic relationship between cryptocurrency and car buying today, explaining how digital currencies can be used to buy a vehicle today. It includes elements such as some of the benefits and challenges of buying a car using cryptocurrency and what lies ahead in the future.
Understanding Cryptocurrency Payments in the Automotive Industry
Cryptocurrency is not just a digital asset; it represents a revolutionary approach to decentralized financial transactions. The automotive industry, known for its adaptability, has begun to accept cryptocurrencies as a legitimate form of payment in various markets. For example, luxury car dealerships and online platforms offering car auctions in new york increasingly allow buyers to purchase cars using cryptocurrencies.
There are several factors that determine how much cryptocurrency you need to buy a car. Among them, the most influential will be the current value of the cryptocurrency you want to use at that moment. Unlike traditional currencies, cryptocurrencies can be very volatile. Their value can change drastically in an instant, which affects the amount needed at the time of purchase.
Benefits of Buying Cars with Cryptocurrency
Buying cars with cryptocurrencies offers several advantages:
– Reduced transaction fees: Cryptocurrencies can reduce the fees involved in large financial transactions typical of car purchases.
– Enhanced Privacy: Buyers who value their privacy can benefit from anonymity through blockchain-based transactions.
– Speed and convenience: transactions are faster than those carried out by banks, especially when the operation has an international scope.
Challenges and considerations
Although the benefits are compelling, several challenges must be considered:
– Volatility: At one moment, the price of any cryptocurrency can collapse, or the next minute it can skyrocket, and the price needed to buy a car can double or triple from one day to the next.
– Limited acceptance: Not all dealers accept cryptocurrency, which in turn may limit its use for making purchases.
– Tax implications: This may create different tax implications on purchases via cryptocurrency, depending on your jurisdiction.
Practical steps to buy a car with cryptocurrency
If you want to use cryptocurrency to buy a car, follow these steps:
- Ensure Acceptance: Check if the dealer or auction accepts the use of cryptocurrency.
- Check the conversion rate: You need to know how much your cryptocurrency is currently trading at compared to the price of the car in fiat currency.
- Secure your funds Make sure your digital wallet is secure and funded.
- Know the terms: Be informed and be clear about return policies as well as any additional fees incurred.
- Complete the transaction: Continue the payment via the digital wallet.
Future prospects
There is a good chance that many car dealerships will start accepting digital currencies, especially when blockchain technology pushes the boundaries and cryptocurrencies become stable. This trend is expected to be propelled forward due to the increasing demand for transparency, security, and efficiency in transactions.
Conclusion
The potential for cryptocurrencies to have a real impact on the car buying process is enormous. Of course, there are a few issues that emerge when considering the current market, including volatility and limited acceptance. However, the benefits of using digital currency to execute such transactions can easily outweigh the drawbacks for many buyers. As both sectors continue to grow, buying cars with cryptocurrencies shows a promising future and therefore creates a more connected and developed technological automotive market.
This means that buying a car, whether in cryptocurrency or in another form, is not just about following technological trends; it is rather about enjoying greater freedom and efficiency in financial transactions. Indeed, the closer the digital and automotive worlds become, the more buyers should expect simpler, much safer and also very innovative ways of purchasing.
Disclaimer: This press release article is provided by the client. The client is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. Crypto Basic is not responsible for the accuracy of the information or for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this press release article.
Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on the information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Altcoins
Introducing Bit-Chess. The World’s First Fully Decentralized Chess Platform
Bit-Chess announces the pre-sale of the world’s first fully decentralized chess platform, combining the classic strategy game with the innovative world of cryptocurrencies. This platform will change the way millions of people interact with chess online, providing a digital space where players can enjoy their favorite game, compete in global tournaments, and earn rewards through play-to-win mechanics.
Bit-Chess is an entry point for both experienced players and newcomers to the crypto space. It provides tools and guides to help even inexperienced users get started with cryptocurrencies by creating in-game wallets upon first login. It is the first chess game to use Web3 technology, and all participants can earn money while playing.
During the presale, 500 of the 2,000 special NFTs will be available, with the rest distributed through tournaments and auctions. Unless NFT holders agree otherwise, the team will manage 1,500 NFTs, preserving their rarity with a cap of 2,000 pieces. More information about the NFT marketplace will be released after the token’s official launch.
The platform aims to become the world’s leading online chess center, offering:
Play to win features.
Global tournaments with cash or NFT prizes.
Player versus player challenges
Special NFTs and more
Bit-Chess invites players from all over the world to join its unique ecosystem, where playing chess is more than just entertainment: it’s an opportunity to earn and learn in the world of crypto.
For more information and to participate in the presale, Visit the Bit-Chess website.
Disclaimer: This press release article is provided by the client. The client is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. The Crypto Basic is not responsible for the accuracy of the information or for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this press release article.
Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on the information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Altcoins
Here’s the price of XRP if it handles 10% of SWIFT transactions
Popular community figure Amélie predicts a massive increase in the price of XRP if its underlying network, XRPL, is used to process 10% of all SWIFT transactions.
In a recent article on X, Amélie took on SWIFT (Society for Worldwide Interbank Financial Telecommunication), suggesting that XRP is a better alternative for cross-border settlements.
Ripple claims Swift is not fast enough
In a recent post on X, the community personality called attention to a Ripple ad claiming that “Swift isn’t fast enough.” The remark was a subtle criticism of Ripple’s transaction processing speeds for the global financial messaging giant.
Interestingly, Ripple has recommended financial institutions to adopt its solution to instantly transfer value across borders.
Amelie compared the processing speed of SWIFT and XRP transactions. According to community figures, cross-border transactions on SWIFT typically take between three and five business days. Conversely, Amelie claimed that XRP transactions can be completed in four seconds.
After the analysis, Amélie echoed Ripple’s sentiments, pointing out that SWIFT is not fast enough compared to XRP.
XRP to Surpass $1,000 if it handles 10% of SWIFT transactions
Therefore, enthusiasts have speculated that all SWIFT transactions will eventually be processed through the XRP Ledger (XRPL), the underlying blockchain of the XRP token.
Interestingly, she suggested that the price of XRP could surpass $1,000 per token if 10% of all SWIFT network transactions were processed through XRPL. However, Amelie did not provide details on how XRP could reach this milestone.
SWIFT VS XRP:
SWIFT: 3 to 5 business days
XRP: Cross-border payments in 4 seconds
SWIFT IS NOT FAST ENOUGH!
I think all Swift transactions will soon be processed via #XRPL 💵💱💴
10% of SWIFT network = $1,000+ per XRP! pic.twitter.com/Jt6mumQHfb
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) July 20, 2024
Can XRP replace SWIFT?
Several cryptocurrency enthusiasts have compared XRP to SWIFT in recent years. In particular, the famous crypto asset manager Grayscale characterized XRP as an alternative to SWIFT. Notably, some users have taken this comparison further by projecting that XRP could eventually replace SWIFT because of its inefficiencies, including slow transaction processing.
The potential replacement of XRP with an established system like SWIFT would require more than just community support. Factors such as the final resolution of the SEC lawsuit, increased institutional adoption of XRP, and large-scale commercial partnerships leveraging Ripple’s payment solution could play a critical role in XRP’s potential replacement or integration with SWIFT.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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