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We explore some of the newest cryptocurrency releases, recently listed on exchanges and featured on CoinMarketCap.
Investing in a new cryptocurrency project from its inception offers the chance to secure the chosen crypto at an optimal price. The cryptocurrency market reverberates with the latest developments surrounding Blur, which has recently encountered a substantial 30% surge in price.
New Cryptocurrency Releases, Listings, and Presales Today
This notable upswing is intricately tied to the aftermath of the Season 2 airdrop. Notably, market analysts have observed a significant surge in buying activity, with 19 addresses collectively acquiring an impressive 51.3 million BLUR tokens, reflecting a substantial $21 million investment in the asset.
Like Blur, we’ve seen many forgotten newly listed coins surge beyond imagination in the past. Today, we look at some new cryptocurrencies that have shown remarkable progress.
1. The Root Network (ROOT)
The Root Network is a decentralized blockchain network primarily optimizing user experience and streamlined onboarding. Positioned as a decentralized identity protocol and passport, it is the foundational data layer for user and asset interoperability, fostering a seamless application environment.
The ROOT token, central to the network’s governance, holds authority over critical features such as software and runtime upgrades, block reward economy, and the admission of new application chains to The Root Network hub.
As the network token, ROOT plays a pivotal role in securing the Proof of Stake network, offering incentives for node validators and delegators through fees earned from various network activities. The diversified block rewards for staking further enhance the attractiveness of participating in the network.
The Root Network’s mission is to deliver an efficient, user-friendly blockchain experience and provide a governance framework that empowers participants. It is a noteworthy consideration for those seeking strategic investments in the evolving crypto landscape.
The Root Network is designed as the hub of the open metaverse.
Optimised for UX and content interoperability, it powers digital experiences built by @futureverse and beyond.$ROOT will be listed on @kucoincom at 12am PT / 9pm NZT with additional exchanges @Bybit_Official,… pic.twitter.com/gJiB1AXbOB
— The Root Network (@TheRootNetwork) November 21, 2023
The Root Network prioritizes user experience and safety with built-in account abstraction and features like any token gas economy, enabling some of the world’s largest content brands to onboard users seamlessly and safely. The Root Network is EVM compatible and built on Substrate integrated to XRPL and ETH with other networks on the horizon, allowing content and accounts on those networks to access deeper functionality and more interoperability in the open metaverse.
Today’s live The Root Network price is $0.030203, with a 24-hour trading volume of $3,999,573. We update our ROOT to USD price in real-time. The Root Network is down 39.12% in the last 24 hours. The current CoinMarketCap ranking is #2224, with a live market cap of unavailable. The circulating supply is unavailable, and there is a maximum supply of 12,000,000,000.
2. Nolus (NLS)
Nolus Protocol introduces a pioneering Web3 financial suite, redefining money markets through its innovative Lease solution in the DeFi landscape. The DeFi Lease model establishes a dynamic money market, facilitating yield for lenders and enabling borrowers to leverage their digital assets beyond current equity.
This approach involves collateralizing a down payment to access borrowed assets, providing duration and repayment flexibility without additional fees or penalties. The seamless Nolus DeFi Lease experience allows users to unlock financial products and, upon full repayment, regain control of all leased assets.
The utility of the NLS token within the ecosystem spans various functionalities, including facilitating payment, acquiring NFT collections, exchanging event tickets, supporting membership subscriptions, and contributing to business activities.
With a recent price surge, Nolus (NLS) demonstrates resilience in the face of market fluctuations, aligning with its mission to foster flexible and user-centric financial solutions within the DeFi space. This, coupled with bullish community sentiment, positions Nolus as a notable contender for those seeking strategic investments in the evolving crypto landscape.
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments and access to the underlying leveraged assets through allowed strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus’ approach cuts down the DeFi sector’s high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Today’s live Nolus price is $0.032824, with a 24-hour trading volume of $33,839.74. Nolus is up 0.06% in the last 24 hours. The current CoinMarketCap ranking is #3768, with a live market cap of unavailable. The circulating supply is unavailable, and a maximum supply of 1,000,000,000.
3. SELO+ (SELO)
SELO is a web3 project focused on constructing a vibrant community ecosystem through its hyperlocal life logging service. SELO+ distinguishes itself by seamlessly integrating practical and user-centric Web3 services, bridging the familiarity of Web2-based services with the innovation of Web3.
SELO+ envisions driving actual Web3 mass adoption by anchoring hyperlocal elements to on-chain assets. The governance token, SELO, is the cornerstone for asset valuation and catalyzes ecosystem activation and expansion. Notably, SELO holders gain privileged access to VIP events, and staking participants enjoy annual SELO airdrops.
The token’s utility spans diverse functions, including facilitating payments, acquiring NFT collections, exchanging event tickets, enabling membership subscriptions, supporting business activities, and facilitating transactions on the SEL Wallet’s SELLON POINT exchange.
With a robust 22.40% price increase in the last seven days, SELO outperforms the global cryptocurrency market and signals resilience and potential for those seeking a strategic investment aligned with a vision for widespread Web3 adoption.
🔐 #BuzzBit just got safer!
We're so excited to introduce you to the BuzzBit's #OTP update. Now, tighten up your account security effortlessly! 💼✨
Don't miss out on our ongoing celebration of OTP security updates. 🥰
📲 BuzzBit App Download(AOS) : https://t.co/xxLa1CNxtD pic.twitter.com/rDgSEWG7zG
— SELO + (@selo_plus) November 20, 2023
SELO+ builds web3 services people need, use, and continuously desire by connecting hyperlocal and online to on-chain. As SELO+’s early projects to popularize Web 3, SELO+ provides online and offline Web 3 services through BuzzBit, the online crypto community app, and SellOn, the Web 3 version of the hyperlocal used goods trading app. BuzzBit is one of SELO+ dApps that provides users with ALL LEVELS OF CRYPTO DATA
with real-time daily news updates, curated event notifications, latest project analyses, and market insights. In BuzzBit, SELO can be used for reward membership, promotion of crypto projects, VIP access, and premium data.
The live SELO+ price today is $0.276779, with a 24-hour trading volume of $442,308. SELO+ is up 11.73% in the last 24 hours. The current CoinMarketCap ranking is #2535, with a live market cap of not available. The circulating supply is unavailable, and a maximum supply of 1,000,000,000.
4. Meme Kombat ($MK)
Meme Kombat ($MK) introduces an innovative ERC-20 presale, providing a unique platform where various meme tokens engage in combat, allowing users to wager on the outcome.
CZ is our king and CZ will never leave us.
Meme Kombat will gladly hire you CZ🤝 pic.twitter.com/BUzla7WdpU
— Meme Kombat (@Meme_Kombat) November 22, 2023
Uniting popular meme coins like Doge, Shiba Inu, and Pepe in a single ecosystem is intriguing, leveraging the loyal followings associated with each.
Beyond the entertainment factor, Meme Kombat offers a distinctive betting experience on meme combat outcomes, potentially serving as an additional revenue source.
With an enticing estimated 512% APY, transparent blockchain technology for fairness, and an AI-driven dynamic visualization enhancing gameplay, Meme Kombat aims to captivate users with its interactive and immersive meme-based battles.
The token’s distribution model, including a doxxed team, and its successful presale raise underscore investor interest and potential viability within the dynamic meme coin space.
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