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Bitcoin’s open interest surged to $19.8 billion on Oct. 15, reflecting growing demand for the asset. This increase shows significant new money entering the digital asset markets in recent months. The rising open interest is driving investor decisions as they anticipate further price gains.
Funding rates have hit their highest levels since August, indicating bullish sentiment. Most positions are long, suggesting expectations of continued Bitcoin appreciation. As Bitcoin’s market activity increases, investors are closely watching new cryptocurrency listings for potential opportunities.
New Cryptocurrency Releases, Listings, & Presales Today
With an increase of 31.8% in price and 31.40% in trading volume, LEDOG is our top-performing coin for today. Recently, Trakx announced listings on multiple exchanges, allowing users to acquire $TRKX through their preferred exchange. OMOM boasts the unique utility of bridging the gap between real-world assets and digital finance by tokenizing assets like real estate and gold.
1. Trakx ($TRKX)
Trakx is a platform dedicated to democratizing access to cryptocurrency through its innovative Crypto Tradable Indices (CTIs). These indices offer a seamless and safe way for investors to engage with crypto assets. By providing a range of CTIs, from broad exposure products to more advanced strategies, Trakx ensures that retail and professional investors can participate in the evolving crypto landscape.
The Trakx platform provides access to CTIs through various channels. Users can access these indices via trakx.io, broker-dealers, and wealth management platforms. Additionally, Trakx’s infrastructure includes both off-the-shelf products and custom-designed indices. This flexibility allows investors to choose products tailored to their specific needs while maintaining high levels of security and compliance.
Trakx aims to revolutionize crypto investing by offering thematic, smart beta, and alpha digital asset indices. The trakx.io platform ensures smooth onboarding, listing, and trading of CTIs, while the proprietary Index Manager tool enables complete product cycle management. The platform also utilizes trading bots for asset movement and market making, ensuring deep liquidity and risk mitigation for users.
In addition to offering advanced investment tools, Trakx prioritizes asset safety through partnerships with top-tier custodians. The platform minimizes counterparty risks by utilizing segregated accounts, ensuring investor confidence and security.
Recent news confirms that the $TRKX token is now listed on multiple exchanges, providing new opportunities for investors to access the platform. After successful private and public sales, users can now acquire $TRKX through their preferred exchanges.
The $TRKX token is finally listed on multiple exchanges! 📢
If you missed our private and public sales, now you can get $TRKX on one of your favorite exchanges.
Choose among @BingXOfficial, @gate_io, @MEXC_Official, @bit2me, and @QuickswapDEX, and join us! 🥳 https://t.co/yOuZhNl5Ky pic.twitter.com/wOTfAox2rq
— Trakx (@official_trakx) October 14, 2024
Trakx has formed strategic alliances with industry leaders, including Consensys, Circle, Ramp, MSCI, and Vinter. Consensys is known for its expertise in Web3 and blockchain infrastructure, providing essential technology for the growth of decentralized applications. Circle supports the global use of stablecoins with its widely used USDC, and Ramp focuses on improving fiat-to-crypto payments.
Additionally, MSCI provides essential market index tools for institutional investors in the crypto space. Vinter, an index provider for crypto assets, adds a layer of credibility by enabling transparent asset management. These partnerships empower Trakx to scale its platform while enhancing the security and reliability of its services
2. OMOM ($OMOM)
OMOM allows users to buy, trade, or use tokenized assets as collateral in decentralized finance (DeFi) applications. This opens new possibilities for global market participation, providing more flexibility and access to previously illiquid markets. Blockchain technology ensures that transactions are secure, reducing the risk of fraud.
The platform addresses the issue of illiquidity in traditional asset markets. Many valuable assets, like real estate or gold, are not easily bought, sold, or traded, restricting potential investors’ access to wealth opportunities. By tokenizing these assets, OMOM makes them more liquid, offering immediate liquidity to users.
OMOM is an innovative platform that bridges the gap between real-world assets and digital finance. It offers a solution for tokenizing assets such as real estate, gold, and stocks. By doing so, OMOM democratizes investment opportunities, making it easier for people worldwide to participate in the global market.
In the ever-evolving landscape of cryptocurrency, real-world asset (RWA) coins have emerged as a transformative force, bridging the gap between traditional investing and blockchain technology. As we step into 2024, let's explore $OMOM RWA coins. pic.twitter.com/cSLbmNRSA0
— OMOM | Tokenizing RWAs (@OMOM_Chain) October 14, 2024
Additionally, OMOM empowers investors by eliminating barriers to entry, providing a way for users to diversify their portfolios. Through tokenization, OMOM unlocks new potential for wealth generation while enhancing security through blockchain.
3. LEDOG ($DOG)
LEDOG ($DOG) unlocks Bitcoin’s potential through Godel’s Layer 2 solution, bridging the Bitcoin and Ethereum ecosystems. This allows Bitcoin users to access faster transactions, smart contracts, and lower fees. By introducing Ethereum smart contract functionality to Bitcoin’s address format, Godel provides a seamless experience for BTC users.
LEDOG enhances the Bitcoin network with support for multi-wallet integration. Users can enjoy compatibility with Bitcoin and extension wallets, enabling smooth interactions. It also reduces gas fees, making transactions cheaper and lowering costs for developers migrating their projects to the platform.
Godel’s Layer 2 scaling alleviates network congestion, moving transactions and smart contracts off the main chain. This improves transaction speed and efficiency while preserving BTC addresses and private keys. It fosters ecosystem diversity, supports DeFi, NFTs, and gaming projects, and creates new opportunities for users and developers.
By addressing congestion caused by BRC-20 tokens, Godel ensures smoother transactions. This makes the Bitcoin ecosystem more efficient, providing a superior user experience while driving the growth of decentralized applications.
4. Membet Token ($MEMEBET)
Memebet Token aims to revolutionize the crypto casino landscape by focusing on the meme-driven community. The platform introduces mainstream meme coins as wagering assets, offering a unique experience. This approach resonates with degen gamblers, providing an engaging and user-centric gambling platform.
Traditional crypto casinos often fail to deliver the excitement that meme culture thrives on. Memebet Token fills this gap by creating a casino designed explicitly for meme enthusiasts. This enhances user engagement and sets Memebet Token apart from the competition.
The casino allows users to wager using meme coins, providing a fresh twist in the gambling space. The platform is built by degens, for degens, making it a comprehensive solution for the community. By merging meme culture and gambling, Memebet Token delivers an unmatched experience.
Recently, Memebet Token announced the upcoming launch of its casino, sparking excitement in the community. Players can buy and wager with $MEMEBET to qualify for Airdrop Season 1. This incentive is expected to drive significant participation upon launch.
Currently, in its presale phase, Memebet Token has raised $468,248.39. The token trades at $0.0259, offering early adopters a chance to earn rewards. The more tokens users wager, the bigger the airdrop, rewarding active participation in the ecosystem.
Memebet has featured in prominent media outlets such as Techopedia, Bitcoinist, Finbold, Cryptonews, and News BTC. These partnerships help increase visibility and attract new users to the platform. They ensure that Memebet reaches the right audience and continues to grow.
Read More
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- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $40+ Million Raised at ICO - Ends December
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