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Cryptocurrencies are witnessing increased adoption, with Tesla now accepting Dogecoin as a means of purchase. As digital assets continue to gain traction, the crypto space is seeing an influx of new investors. Similarly, new tokens and ICOs are entering the cryptocurrency market. While some of the tokens offer potential market upsides, selecting the best asset worthy of portfolio addition poses a challenge.
To ease this hurdle, InsideBitcoins curated a list of new cryptocurrency releases, listings, & presales for investors to consider. This article analyzes their tokenomics, use cases, collaborations, and other market trends.
New Cryptocurrency Releases, Listings, and Presales Today
99Bitcoins has successfully raised over $1 million in funding. As part of its community outreach efforts, it intends to distribute $99,999 worth of Bitcoin to early supporters through an airdrop initiative.
Furthermore, POG has attained recognition, captivating a large audience of over 200M collectors spanning more than 40 countries, with sales surpassing 10 billion collectibles. In addition, SLOTH has experienced a notable surge in price following its recent launch on decentralized exchanges (DEXs), reaching $0.0239, reflecting an intraday increase of 32%. Meanwhile, Fireblocks, a technology firm specializing in crypto custody, has introduced a trust company regulated in New York.
1. 99Bitcoins (99BTC)
99Bitcoins has secured over $1 million in funding thus far. This token is supported by the well-known 99Bitcoins platform, recognized for its user-friendly approach to blockchain education. The development team plans to distribute $99,999 worth of Bitcoin to early community members through an airdrop initiative.
Furthermore, 99BTC introduces the “Learn-to-Earn” concept, which incentivizes holders to expand their blockchain knowledge through interactive courses and quizzes on the 99Bitcoins platform. As users progress, they earn 99BTC directly to their wallets, with long-term holders benefiting from attractive APYs currently set at 1468%.
The project’s tokenomics structure, outlined in its whitepaper, is drawing praise for its thoughtful allocation. With a capped total supply of 99 billion tokens, 10.5% earmarked for presale buyers, 14% dedicated to staking rewards, and 44.5% allocated for community incentives and project growth funds, the distribution strategy appears well-considered.
Our $99,999 $BTC #Airdrop is heating up, and the clock is ticking! ⏰
Ensure you've crossed off all the steps to boost your chances of being one of the 99 lucky winners! 🔥
Get started now! 👉 https://t.co/ZXji0s6ACe#99Bitcoins #Tether #Coinbase pic.twitter.com/cHRJ95Tpa3
— 99Bitcoins (@99BitcoinsHQ) May 7, 2024
Its airdrop campaign aims to reward 99 winners with a share of the prize pool. With over 6,900 entries received, anticipation is high for the forthcoming July 19th announcement of winners. The 99BTC token’s emphasis on education, strategic tokenomics, and enticing rewards present a promising proposition for investors seeking involvement in the crypto space.
2. Axiome (AXM)
Axiome is a DeFi ecosystem centered around its Layer1 blockchain, Axiome Chain, and its native coin, AXM. The platform is designed to host various interconnected projects that share their revenues with AXM stakers in the form of stablecoins or their native coins. It further enhances community engagement and platform growth.
Furthermore, with the Axiome DeFi ecosystem, holders can mine new AXM, earning up to 20% per month, and receive a share of network fees, incentivizing long-term holding, and stability. Also, AXM employs a floating reward rate for delegation and various coin-burning mechanisms to manage the supply and mitigate inflation risks. These features are critical for maintaining its long-term economic stability.
In addition, Axiome Chain champions the seamless integration of projects with smart contract capabilities, enhancing the ecosystem through strong community ties and shared revenue models. This strategy bolsters the ecosystem’s evolution, elevating AXM’s utility as it steers continuous innovation and adoption of new projects.
Thrilled with AXM/USDT's debut! 🚀 Despite the broader crypto market downturn, AXM surged +300%, hitting a high of $0.95 before stabilizing at $0.50. Insane first-day volume of 1.3M! 📈 #AXM #Crypto #Trading" pic.twitter.com/tDkd9SzPH9
— Axiome (@axiome_pro) May 2, 2024
Axiome uses a unique floating reward mechanism and intensive burning mechanisms, which help prevent hyperinflation and maintain the coin’s value. It is supported by a strong community and an attractive partnership program, which is essential for rapid development and adoption. Plans are in place to continuously integrate new projects into the Axiome network, further expanding its reach and capabilities.
Axiome (AXM) is currently priced at $0.431, with a 24-hour trading volume of $660,456.68. Over the last 24 hours, AXM has experienced a price decline of 1.55%. The token further faced downward pressure over the past seven days, with a substantial price drop of 28.37%. Despite the price decline, there has been a remarkable increase in trading volume, rising by 7.10% from the previous day to $660,557.
3. POG (POGS)
POG is the designated cryptocurrency of the POG Collectibles Brand, a dynamic partnership with the World POG Federation. This brand has achieved global fame, captivating over 200 million collectors across more than 40 countries and marking the sale of over 10 billion collectibles.
Moreover, POG proudly represents a legacy enriched by strategic alliances with major franchises such as Disney, Barbie, Marvel, and Pokémon. The beloved POGMAN™, the original PogChamp, serves as its mascot.
At the heart of the POG Arcade and Entertainment Ecosystem, POGS is engineered to seamlessly bridge the gap between gaming and collectibles, both physical and digital. It fosters a vibrant community, uniting collectors on multiple blockchain platforms, including Solana, Ethereum, Bitcoin, and Theta.
live on @CoinMarketCap pic.twitter.com/9YoVYy6M4h
— POG ® (@PogDigital) May 7, 2024
Furthermore, the platform features a secure solution for storing and managing POGS, ensuring safety and accessibility for users. It is also designed to enable active trading and interaction within the collectible and gaming community, enhancing user experience. Lastly, the POG provides comprehensive insights into its utility and the underlying technology, equipping users with valuable information to maximize their engagement with the ecosystem.
4. Slothana (SLOTH)
After its debut, SLOTH swiftly gained traction in the cryptocurrency market. Since its launch on decentralized exchanges (DEXs) last week, SLOTH’s price has surged to $0.0239, marking a 32% increase within the past day. Those who participated in its presale at a rate of 10,000 SLOTH per 1 SOL are now witnessing gains of approximately 70%.
Furthermore, SLOTH’s unique theme has resonated with a subset of investors known for their speculative tendencies. Despite being exclusively available on Raydium and Jupiter exchanges, there remains potential for further upside if SLOTH secures listings on major centralized exchanges (CEXs).
Slothana has strategically cultivated an engaged community through its active presence on social media platforms. Slothana has fostered an organic following among SLOTH investors by leveraging humorous religious and trading memes. The team’s ‘Send to Wallet’ presale approach and the minting and subsequent airdrop of 2,000,000,000 tokens have contributed to this community engagement.
@coingecko Slothana has slovenly submitted a CoinGecko token listing request. (CL0805240059)
— Slothana (@SlothanaCoin) May 8, 2024
Maintaining its connection with its audience, Slothana hints at upcoming token burns and the prospect of listings on CEXs, generating further anticipation among its followers. Slothana has partnered with cryptocurrency exchanges, including Bitrue, XT.COM, Jupiter, Raydium, and Meteora VD, highlighting its commitment to facilitating SLOTH trading and accessibility.
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