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Each day, InsideBitcoins covers the latest new cryptocurrency listings on CoinMarketCap, including CEX and DEX tokens and presale projects.
On October 18, Lightning Labs unveiled a groundbreaking update, introducing Taproot Assets. This exciting development empowers developers with a seamless toolset for issuing, managing, and exploring stablecoins and diverse assets on the Bitcoin blockchain network.
New Cryptocurrency Releases, Listings, and Presales Today
The release of Taproot Assets v0.3 signifies a pivotal advancement, equipping builders with essential resources to transition Bitcoin into a versatile multi-asset ecosystem while upholding scalability and preserving the fundamental tenets of the Bitcoin system.
This protocol leverages the existing Bitcoin Liquidity within the Lightning Network, optimizing resources. Lightning Labs has taken a substantial stride toward positioning Bitcoin as a global financial routing network.
Consequently, the Bitcoin network is poised to witness the issuance of numerous global currencies in the form of Taproot Assets, facilitating near-instant settlement of foreign exchange transactions over the Lightning Network. This marks a remarkable evolution in the cryptocurrency landscape.
1. VinuChain (VC)
VinuChain, initiated by Vinu Ltd, is an intriguing addition to the cryptocurrency landscape, building upon the established Fantom blockchain protocol’s foundations.
It prioritizes the essential attributes of the Fantom network – speed, scalability, and security – while introducing the innovative Quota System. This novel feature, centred on a stake-dependent, feeless transaction model, distinguishes VinuChain.
The Quota System underpins VinuChain’s commitment to ‘Determinably Feeless’ transactions, empowering native coin holders (VC) to perform feeless transactions in proportion to their stake, promoting fairness.
VinuChain aims to serve various applications, including microtransactions, gamified experiences, and DeFi, by combining efficiency in consensus, rapid transaction processing, and this innovative fee structure.
According to the project’s website, its mission to streamline and democratize the blockchain environment, making it more cost-effective and user-friendly, aligns with a broader vision of blockchain adoption in everyday life.
While it shows promise, potential investors should exercise due diligence and closely monitor the project’s development in this dynamic space.
📈 Trade: https://t.co/Qja93HKPRr https://t.co/2BBQfZVZGU
— VinuChain $VC (@VinuChain) October 15, 2023
VC tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade VinuChain is MEXC, where the most active trading pair, VC/USDT, has a trading volume of $985,139 in the last 24 hours. Other popular options include Pancakeswap V3 (BSC) and Gate.io. Adding VinuChain (VC) to MetaMask lets you view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import VC as a token.
The price of VinuChain (VC) is $0.02307711 today, with a 24-hour trading volume of $1,016,028.60. This represents a -6.44% price decline in the last 24 hours and a price increase in the past seven days. If you’re looking for the market cap of VinuChain, data is unavailable today as the circulating supply of VC tokens has yet to be reported.
2. MetaBot (METABOT)
MetaBot’s ambitious vision is to streamline crypto trading by integrating various trading bot functionalities into one platform.
However, while the concept is reminiscent of successful tech giants like Elon Musk’s ventures, Twitter, and WeChat, it’s essential to exercise caution and not overly rely on these comparisons.
The team behind MetaBot, described as a group of young programmers seeking global success, aims to simplify Web3 trading with their Telegram Bot solution.
Their mission is centred around providing traders in the Web3 space with a comprehensive toolset to navigate the DeFi market effectively and profitably.
Notably, their commitment to offering insights into tokenomics and investment risk management is a positive step toward transparency and risk mitigation.
While the concept is promising, prospective investors should conduct thorough due diligence as the success of such projects often depends on execution and adoption within the highly dynamic crypto landscape. It’s crucial to assess the project’s progress and long-term viability before considering an investment.
https://twitter.com/MetaBotGlobal/status/1713975870686380144
METABOT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade MetaBot is PancakeSwap (v2), where the most active trading pair, METABOT/WBNB, has a trading volume of $712.08 in the last 24 hours. The fully diluted valuation (FDV) of MetaBot (METABOT) is $115,239. This is a statistical representation of the maximum market cap, assuming 100 Million METABOT tokens are circulating today. The community is bullish, as more than 60% of users feel good about MetaBot (METABOT) today.
MetaBot (METABOT) is $0.00115239 today, with a 24-hour trading volume of $712.13. This represents a -0.50% price decline in the last 24 hours and a price increase in the past seven days. If you’re looking for the market cap of MetaBot, data is unavailable today as the circulating supply of METABOT tokens has yet to be reported.
3. DOGE-1SATELLITE (DOGE-1SAT)
The Doge-1 Satellite token represents a unique and innovative project within the cryptocurrency space. It’s closely linked to a significant real-world event, being the first satellite to be funded with cryptocurrency, specifically DOGE, and set for launch as part of a lunar mission by Intuitive Machines aboard a SpaceX Falcon 9 rocket.
Beyond the novelty, Doge-1 serves as a symbolic bridge between the digital realm and space exploration, making it more accessible and engaging for crypto enthusiasts. Its mission extends beyond promoting Dogecoin alone; it aims to foster the ideas of decentralized finance (DeFi) and community spirit.
The playful reference to the Dogecoin meme, “To The Moon,” is particularly apt, reflecting the crypto community’s aspiration for value appreciation. However, potential investors should exercise caution.
While this project has symbolic value and novelty, its investment potential largely depends on the broader adoption of Dogecoin and its enduring relevance in the ever-evolving crypto landscape. Careful research and evaluation are advisable before considering any investment.
We have just burnt another 2% of the supply which was bought off the market… Totalling 4% burnt which is currently worth $6k🔥🔥
Just the beginning #DOGE1 $DOGE#DOGE1SAThttps://t.co/gZz8DKvsl6— DOGE-1 SatelliteBep20 (@DOGE1Satellite1) October 19, 2023
Doge-1 Satellite is more than just another cryptocurrency project. It is a symbolic bridge between the digital world and the universe, making the dream of space exploration more accessible and enjoyable for crypto enthusiasts worldwide. The mission is to promote Dogecoin’s use, the idea of decentralized finance (DeFi), and the community spirit surrounding it.
Today’s live DOGE-1SATELLITE price is $0.001342, with a 24-hour trading volume of $180,399. DOGE-1SATELLITE is up 110.59% in the last 24 hours. The current CoinMarketCap ranking is #2616, with a live market cap of unavailable. The circulating supply is unavailable, and there is a maximum supply of 100,000,000 DOGE-1SAT coins.
4. Bitcoin Minetrix ($BTCMTX)
Bitcoin Minetrix ($BTCMTX) is an intriguing cryptocurrency that seeks to simplify cryptocurrency mining while offering high staking returns.
Its mission is to provide investors with a user-friendly path to Bitcoin cloud mining power, alleviating the barriers presented by expensive equipment and hardware.
Witness #BitcoinMinetrix achieving another remarkable milestone!
More than $1,600,000 raised!🪙 pic.twitter.com/yyrHTMRQz2
— Bitcoinminetrix (@bitcoinminetrix) October 17, 2023
By tokenizing cloud mining through $BTCMTX tokens, users can stake them to earn cloud mining credits and generate passive income simultaneously, with an impressive APY of over 590%.
This approach offers a simplified way to participate in mining and ensures security and transparency through decentralized tokens. Bitcoin Minetrix’s fundraising via presale reflects a strategic approach to development.
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