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Every day our team reviews new cryptocurrency releases which recently launched on crypto exchanges, and upcoming token presales. With the crypto market volatility reemerging, a new cryptocurrency, Sponge V2, has gained traction as the presale period nears its closure.
New Cryptocurrency Releases, Listings, and Presales Today
Sponge V2 is generating a lot of attention. In this case, we are going to analyze three new cryptocurrencies. However, it is essential to remember that predicting long-term upward tendencies can have unexpected changes.
1. Matr1x Fire (FIRE)
Matri1x is an international Web3 entertainment platform that aims to combine diverse types of entertainment, including multi-episode games, NFT art, Esports, online literature, and community engagement.
However, this platform aims to offer its users diverse entertainment options with the help of Web3 technology. Matri1x is a virtual world with entertainment and community engagement for like-minded people. Matr1x has great potential to offer unique digital experiences by merging entertainment forms and NFT technology.
FIRE is the native token of MATR1X FIRE and is used across the ecosystem. It facilitates various operations within the platform, including accessing premium features, paying transaction fees, and functioning as part of the governance. Participants in the MATR1X FIRE Ecosystem may also receive rewards and incentives as holders of the FIRE tokens.
Additionally, Maatr1x is a mobile shooting game from a revolutionary platform that aims to transform gaming in the metaverse.Matr1x Fire’s fire token is crucial for the game, allowing players to buy virtual items and engage in its economy. Fire is a game token in the Matr1x Fire environment that adds value, influences gameplay, and enhances user experience.
— MATR1X FIRE (@Matr1xOfficial) February 3, 2024
Matr1x Fire’s current price is $0.866336; over the last 24 hours, a volume of $4,016,580 was traded. During the past 24 hours, the decrease of Matr1x Fire is 34.97%. It currently stands at number 2362 in the CoinMarketCap database.
To buy a Mathr1x Fire at the current price, top cryptocurrency exchanges such as Bitget, Bybit, Kucoin, and Hotscoin will come in handy.
2. NEOKingdom DAO (NEOK)
NEOKingdom DAO’s mission is to provide job fairness and help organizations be independent in real life and web3 businesses, which can be decentralized autonomous organizations (DAOs).
Moreover, NEOKingdom DAO aims to create a transparent and fair employment system using blockchain technology and smart contracts. NEOKingdom DAO aims to offer employees a stake in decision-making and recognition for their contributions.
Furthermore, NEOKingdom DAO’s decentralized governance model promotes employee participation in policy and practice development for more democratic firms. This approach intends to create a more level and friendly workplace where everyone’s needs are appreciated.
We have developed an extensive legal and technical framework that enables us to operate as a decentralized autonomous organization (DAO). This structure also allows other entities to do the same and comply as a DAO. All contributors to our DAO enjoy ownership status and can participate in the governance process. Moreover, they have certain rights to a percentage of the DAO’s profits. This would ensure that all contributors share a common interest in the decision-making processes and the organization’s success.
From Crypto Wallet to Visa Card 💳
Visa, the global payment leader, has taken a significant step in cryptocurrency adoption by enabling direct crypto withdrawals to Visa debit cards in 145 countries. This development is a result of Visa's collaboration with Web3 infrastructure… pic.twitter.com/zSzZNrLUrS
— NEOKingdom DAO (@NEOKingdomDAO) January 31, 2024
Additionally, NEOKingdom DAO connects enterprises to the evolving web3 world for smooth blockchain integration, enabling decentralized benefits. NEOKingdom DAO aims to promote the widespread adoption of a novel organizational model by providing businesses with the necessary tools and infrastructure. The ultimate goal is to create a more responsible, level, and resilient labor market.
The price of NEOKingdom DAO is $0.932110, while the 24-hour trading volume is $4,909.04. In the past 24 hours, NEOKingdom DAO has risen by 28.29%. There are top cryptocurrency exchanges where you can buy NEOKingdom DAO at the present rate, including Helix and Osmosis.
3. Lyve Finance (LYVE)
Lyve facilitates a fund-borrowing system that uses several collaterals that generate returns. Such collaterals can be LSTs (Lyve Stable Tokens) and yield-optimized or auto-compounding stablecoins.
Furthermore, users can use their current holdings as collateral for borrowing more money that can produce returns during the loan period. The platform offers flexible asset management options to cater to individual financial requirements.
Also, one of the foremost features that have enabled Lyve Finance to gain significant popularity is its high capital efficiency for the users. This implies that users can maximize their funds on the platform by implementing diverse DeFi strategies.
Lyve Finance is a DeFi ecosystem that offers innovative financial services to improve capital efficiency. The platform has a variety of products and services, which include yield farming, liquidity provision, and lending/borrowing services. Users can manage their capital efficiently and maximize their investments through these activities.
We have completed the contract and frontend development for Lyve Staking, and after the first audit, we've addressed some feedback issues and, upon confirmation, will officially launch. Here's everything you need to know about LYVE staking:
What are the benefits of LYVE staking?
— Lyve Finance (@LyveFinance) February 3, 2024
Lyve Finance aims to give users the power to optimize their capital efficiency in the developing DeFi environment. Utilizing the tools and services the platform provides, users may increase yields and diversify their investment options as part of the growing decentralized finance world.
Lyve Finance’s price today is $1.17 and has a 24-hour trading volume of $176,621. Lyve Finance has declined by 4.90%. Among the leading cryptocurrency exchanges that currently trade Lyve Finance shares include Uniswap v2 and Open Ocean.
4. Sponge V2 (SPONGE)
Sponge V2 ($SPONGE) is a new version of the original $SPONGE meme coin released on May 1, 2023. The goal of Sponge V2 is to improve the success rate of its predecessor in delivering new features and functionalities into the existing ecosystem associated with the sponge.
Furthermore, although a meme coin in its beginnings, Sponge V2 is following the path of providing a real-world utility via integration with P2E games and many other features. It takes over from the V1 token, presenting unique tokenomics and staking rewards to those who migrate their ownership tokens.
📣 Only 1 day left until $SPONGE V1 will be discontinued! #SPONGE holders NEED to stake tokens before the deadline on the 5th of February at 11 PM UTC. 🚨
If you don't move and stake your V1 tokens, you will not receive SPONGE V2.
Visit our Telegram for more updates! pic.twitter.com/lHZFzGih9j
— $SPONGE (@spongeoneth) February 4, 2024
Additionally, Sponge V2 has an enthusiastic user base and a responsive developer community, critical to long-term sustainability. A play2Earn racing game based on SpongeBob is being developed, and the users will get a chance to earn SPONGEV2 tokens through the gaming piece.
Unlocking staking rewards with the V1 token migration to V2 provides an excellent opportunity for passive income generation by holders.
However, due to an attack on our liquidity pool resulting from a malicious act, the Sponge team has decided to discontinue Sponge V1 on the 5th of February, 2024, by 11pm.
Spongers, we’re moving to Polygon from Ethereum. Stake all of the $SPONGE you own before the 5th of February 2024 to ensure you get on the boat for the Sponge V2 launch.
To earn the $Sponge V2 token, you are to buy the V1 token, priced at $0.000025, and is accessible for purchase using USDT, ETH, or card payment.
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