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New cryptocurrency projects often have more upside potential for buyers than more established, high market cap coins – the ‘big caps.’
Despite the prevailing bearish conditions in the cryptocurrency market, developers continue to exhibit unwavering confidence in the crypto industry by frequently introducing new cryptocurrencies, with daily listings on exchanges and CoinMarketCap.
New Cryptocurrency Releases, Listings, and Presales Today
Investors frequently opt to explore new cryptocurrency coins with lower market caps and individual token prices as an alternative to holding fractions of Bitcoin.
The potential for higher growth drives this strategy, though it comes with its share of risks. Acknowledging that not every emerging cryptocurrency asset is guaranteed long-term success is important.
To provide a comprehensive evaluation, we’ve assessed the performance of several promising crypto projects, including brand-new tokens in the presale stage that have garnered substantial interest from early investors.
1. DOLLAR SHIBA INU (DSHIB)
DOLLAR SHIBA INU, launched on the Binance Smart Chain, appears to adopt deflationary strategies and income generation to address the common issue of low volume in cryptocurrency projects.
While continuously growing through actual deflation and additional income generation for its ecosystem is intriguing, it’s essential to approach this cautiously.
The whitepaper outlines a 9% total transaction fee, with significant portions allocated to auto-burning tokens and liquidity pool maintenance, which might limit the liquidity available for investors.
🌊 $DShib doesn't just change the rules, we write them.
🔮 It's not about predicting the future, it's about creating it.
💡 Are you ready to be completely transformed by $DShib? Don't ask, follow me !#PancakeSwap : https://t.co/FursIz4cJH#btc #BNB
— DOLLAR SHIBA INU (@dshib_token) September 26, 2023
The dedication to Philanthropy and environmental sustainability, particularly in a metaverse ecosystem (DOLLAR SHIBA INUVerse), is a noble ambition.
According to the DOLLAR SHIBA INU whitepaper, the total transaction fee on the platform is 9%. Out of the total fee: 3% token auto burn on each transaction, 2% burn Liquidity Pool on each transaction, 2% for Marketing, and 3% for Philanthropy. The long-term vision is to dominate the metaverse ecosystem (DOLLAR SHIBA INUVerse).
Today’s live DOLLAR SHIBA INU price today is $0.000000000009945 with a 24-hour trading volume of $6,312.61. DOLLAR SHIBA INU is down 11.12% in the last 24 hours. The current CoinMarketCap ranking is #4472, with a live market cap of unavailable. The circulating supply is unavailable, with a max supply of 997,396,383,709,517 DSHIB coins.
3. Ethereum Gold Mining Company (EGMC)
The ‘Ethereum Gold Mining Company project is a novel attempt to fuse historical inspiration with blockchain innovation. Its mission revolves around creating a virtual quest for Gold, Silver, and an array of ‘minerals’ within the digital Sierra Nevada Mountains, using $EMGC tokens and tools.
Shareholders are offered exclusive NFTs representing stock certificates, granting access to tool sales and liquidity pool rewards, offering a unique avenue for potential passive income. While merging history with blockchain intrigues potential investors, they should approach this cautiously.
Success hinges on user adoption and the sustained development of the ecosystem, and the project’s long-term viability is still being determined. Conducting thorough research and due diligence is imperative, as innovative endeavors may carry higher risks.
Beyond traditional Gold and Silver, EGMC introduces a range of ‘minerals,’ including other project tokens, broadening the horizons for Miners and diversifying potential rewards. Additionally, Shareholders can claim LP rewards and tokens through the project’s revenue-sharing program.
An update to the $EGMC web has just gone live with a full roadmap that further demonstrates the project's expansive scope and it's long-term vision.https://t.co/iFOdxnA74g#EthereumGoldMiningCompany pic.twitter.com/WNfk6lP2Nt
— Ethereum Gold Mining Company (@EGMC_eth) September 30, 2023
Today’s Live Ethereum Gold Mining Company price is $0.017382, with a 24-hour trading volume of $5,830.66. Ethereum Gold Mining Company is up 10.72% in the last 24 hours. The current CoinMarketCap ranking is #4415, with a live market cap of unavailable. The circulating supply is not available, and a max supply of 18,480,000 EGMC coins.
4. Guarantee (TEE)
TEE Token presents itself as a new player in the crypto market, focusing on providing a reliable and diversified trading experience. Its approach combines next-generation automated trading algorithms, real-time community-driven insights, and a robust trading infrastructure.
TEE Token specializes in various cryptocurrencies and employs a multi-pronged strategy, including day trading, swing trading, and algorithmic trading, appealing to experienced traders and newcomers. Using sophisticated algorithms to analyze market indicators and historical data aims to optimize trading decisions while minimizing emotional biases.
The focus on enhancing user engagement, community growth, and value-added events suggests a commitment to long-term stability.
The TEE token team Increases the value of TEEToken members’ assets by generating revenue from automated cryptocurrency trading through secure and profitable algorithms. Guarantee Token Team is proud of its algorithm. Therefore, we are going to prove it with a result. Let’s see the result. Let’s increase the value of the Guarantee token.
This is a public verification post in order to vouch for the legitimacy of our listing request on @CoinMarketCap
Our ticket ID : 769419
Contract Address:
TQX4NJaSspcjXWUDHMgjcejRZ7k1VojNLz— Guarantee_trading (@guaranteeTrade) September 28, 2023
Today’s live Guarantee price is $4.36 with a 24-hour trading volume of $72,837.12. Guarantee is down 2.47% in the last 24 hours. The current CoinMarketCap ranking is #3047, with a live market cap of unavailable. The circulating supply is not available, and a max supply of 10,000,000,000 TEE coins.
5. Meme Kombat ($MK)
Meme Kombat introduces a unique approach within the meme token space, emphasizing utility, a transparent public team, and a thoughtfully structured tokenomics model.
While its utility is showcased through staking opportunities with an APY of 112%, the standout feature is the Battle Arena, where users can engage in player-vs-player and player-vs-game wagers based on provably fair battles between meme coin characters.
Its getting real… The stakes are rising.. #MemeKombat pic.twitter.com/BQdIK0Pa9l
— Meme Kombat (@Meme_Kombat) October 2, 2023
The developers’ commitment to transparency and a continually evolving game with new characters and modes aligns with a long-term vision. Notably, Meme Kombat stands out with a limited supply of just 12 million tokens, only 6 million of which were available during the presale.
This approach and the absence of a team allocation and a capped hard cap of $10 million demonstrate restraint and fairness in token distribution.
Potential investors should, however, exercise caution and conduct thorough research, as the success of such a novel concept hinges on user adoption and the sustained development of the game ecosystem.
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