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Newly released crypto assets can offer buyers a higher return on investment (ROI). Today we explore various new coins on the market.
In this first quarter, most enthusiasts have expressed optimism and crypto investors are actively capitalizing on the positive market sentiment. Today, SatoshiVM, Ondo, and SOLAV emerge as newly listed tokens, as LaunchpadXYZ continues to rise to prominence as its presale nears its end.
Despite numerous tokens going live in the last 24 hours, the highlighted few offer insights into the ongoing efforts of crypto innovators and inventors.
New Cryptocurrency Releases, Listings, and Presales Today
Talking about new tokens, we will focus on SatoshiVM, Ondo, and SOLAV, three projects launched in the last 24 hours. Also, it assesses the performance of LaunchpadXYZ to keep investors up-to-date with market trends.
1. SatoshiVM (SAVM)
The cryptocurrency market witnessed significant volatility, with SatoshiVM (SAVM) experiencing a rapid surge and subsequent correction within a short timeframe. The token is based on the Ethereum blockchain. An anonymous trader strategically invested $681,000 in SAVM, utilizing the Banana Gun snipping tool during the token’s launch. This move resulted in a substantial profit of over $6.77 million in three hours.
Furthermore, the trader secured a position with 2.61 million SAVM tokens for 277.66 ETH, leveraging the Banana Gun trading bot. The calculated move proved lucrative as SAVM’s price surged by 99% shortly after launch. This rapid rise was attributed to the token’s association with the new Layer 2 network for the Bitcoin blockchain.
Subsequently, SAVM integrates native BTC as gas while functioning as a decentralized Bitcoin ZK Rollup Layer2 solution. This technology aims to connect the EVM with Bitcoin, enabling the creation of assets and applications within the Bitcoin ecosystem. Moreover, it supports smart contracts in languages like Solidity, Rust, or C++.
In addition, the token’s initial DEX offering (IDO) saw substantial interest with 47,000 registrants, but only a fraction participated. It provided a 250x return for early participants. Despite reaching a peak price of $14.8, the value of SatoshiVM decreased to $12.17.
There is currently no $SAVM airdrop being claimable anywhere.
We will however have something for our early testers and supporters
Stay tuned for the SatoshiVM alpha mainnet launch, don't fall for scams
— SatoshiVM (@satoshivm) January 19, 2024
The Verification System of SatoshiVM is a system that can ensure the accurate execution of Layer2 blocks on Bitcoin. This system does not require any modifications to Bitcoin itself. It can confirm whether a series of Layer2 blocks are executed correctly on Bitcoin without any changes to the existing infrastructure. This allows Bitcoin to serve as a settlement layer for Layer2, enhancing the security of Bitcoin Layer2 transactions.
As of today, the price of SatoshiVM (SAVM) stands at $12.13, accompanied by a 24-hour trading volume of $55,726,004.94. This reflects a 17.08% price increase in the past 24 hours and an overall uptrend over the last seven days.
2. Ondo (ONDO)
Today, Ondo (ONDO) is priced at $0.1896, with a 24-hour trading volume of $96,029,648.27. This indicates a 4.93% price increase within the last 24 hours and an upward trend over the past seven days. With a circulating supply of 1.4 billion ONDO, the market cap for Ondo stands at $275,106,742.
Ondo Finance operates flexibly, establishing a diverse and easily customizable financial ecosystem. Also, user projects can participate by depositing tokens into Ondo Finance’s liquidity pool for an optional term. Subsequently, the platform transfers this crypto asset to liquidity pools of equivalent value from trusted partners like Frax, Fei, Angle, and Paladin.
We're overwhelmed by the response to the Ondo Points program. Our gratitude goes out to the community for your enthusiastic participation thus far! 🚀
We are excited to announce the First Wave of our Ondo Points Program. This initiative is part of our ongoing effort to recognize… pic.twitter.com/um1HqPNDwO— Ondo Foundation (@OndoFoundation) January 19, 2024
Stakeholders in the Ondo DAO — ONDO token holders — exercise control over the DAO and Flux Finance protocol, including economic parameters and smart contract upgrades, through on-chain governance proposals.
Consequently, the newly created liquidity pair undergoes transfer to decentralized exchanges such as Uniswap or Shushiswap for farming. Upon maturity, Ondo Finance automatically withdraws liquidity and farm profits earned back to the platform.
3. SOLAV (SOLAV)
SOLAV facilitates art authentication and ownership verification, enabling the creation of dual-reality assets through NFTs. The platform ensures transparent ownership transfers, traces an artwork’s location, and offers an all-in-one tech infrastructure. This infrastructure encompasses expert-integrated authentication and custodial services. It also includes NFC/QR code integration for identity and historical artwork tracking.
Next, SOLAV’s potential for adoption and growth is remarkable. The token aligns with the convergence of art and digital technology and the rise of NFTs.
Furthermore, with a Serviceable Addressable Market (SAM) of approximately $115 billion, SOLAV stands poised for significant market penetration and expansion. The SAM aims to target traditional and digital art sales, emerging art tech, and related services.
In addition, SOLAV’s blockchain-based authentication, ownership verification, and all-in-one tech infrastructure are viable solutions to the authenticity crisis. SOLAV ensures transparent ownership transfers, secure art storage, and location tracking. These features are crucial elements in safeguarding the value and integrity of art.
The global art market, grappling with inauthenticity and transparency challenges, finds a potential solution in SOLAV. With a Total Addressable Market (TAM) of $579 billion, SOLAV strategically targets a Serviceable Market (SAM) of $115 billion.
Moreover, SAM is a significant art market segment ripe for digital and blockchain-based solutions. With a planned market share exceeding 20%, SOLAV’s technology and strategic approach position it favorably within the industry.
SOLAV (SOLAV) exhibits remarkable performance, surpassing the global cryptocurrency market’s downturn with a 64.20% price increase in the last seven days. The trading volume, $322,652, in the previous 24 hours indicates a 95.00% increase, reflecting recently heightened market activity.
Priced at $0.005896, SOLAV observes an 81.56% price surge in the last 24 hours and a 64.17% increase in the past seven days. While the market cap is unavailable today due to unreported circulating supply, SOLAV’s upward trajectory suggests ongoing positive momentum.
4. Launchpad XYZ (LPX)
Launchpad XYZ addresses a significant hurdle in the Web3 space – mass adoption. Navigating Web3 can be overwhelming for new users, hindering widespread acceptance. Despite numerous crypto apps, Launchpad XYZ aims to expedite mass adoption by offering an all-in-one Web3 portal.
Furthermore, the platform strives to provide users with an unbiased perspective on various Web3 aspects. These aspects of Web3 encompasses crypto tokens, NFTs, crypto games, and presale projects.
Discover Notable NFTs: Dive into the world of digital art with #LaunchpadXYZ. 💎
Unique #NFTs await, and you could be the next proud owner.
Don't miss out! 🙏#AltSeason #BullMarket #Crypto pic.twitter.com/AT9Z7MIfer
— Launchpad.xyz (@launchpadlpx) January 20, 2024
Nevertheless, Launchpad XYZ plans to introduce a comprehensive Web3 wallet, a decentralized exchange, and a trading terminal. It uses artificial intelligence (AI) to cater to retail customers and multinational companies.
Despite its ambitious goals, certain functionalities may not be realized until late 2024. Hence, this makes it more suitable for mid and long-term investors. Launchpad XYZ’s alpha Telegram signals group is already live and rumored to have delivered substantial gains. These gains include a reported 7,000% for a LINQ call.
Developed by a doxxed and KYC-verified team with extensive industry experience, Launchpad XYZ’s presale has raised $2,644,405.06. The current price of the token is $0.0445, with a current 20% bonus for new buyers. It also has 25% (250 million) of the 1 billion LPX in circulation in the presale without a vesting period and a hard cap of $12.5 million.
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