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Cryptocurrencies have become a central topic among world superpowers. For instance, former President Donald J. Trump raised $21 million at the latest Crypto Conference at the Nashville Music City Center. The event, co-organized by Senator Bill Hagerty, was one of the most successful fundraisers organized recently.
President Joe Biden has also shown interest in topics surrounding digital assets, signaling support from the next administration. Meanwhile, the Russian State Duma is set to review a bill legalizing cryptocurrency and crypto mining.
In other market developments, new cryptocurrency launches, listings, and presales today are attracting market hype. The article highlights such tokens and updates investors with current market information.
New Cryptocurrency Releases, Listings, and Presales Today
BlockAI, with five years of experience in blockchain and AI development, has partnered with RockX, a blockchain infrastructure firm known for its extensive expertise in crypto-staking, to introduce Bedrock—a multi-asset liquid restaking protocol.
Meanwhile, Pepe Unchained is making significant strides in the memecoin market, surpassing the $8.1 million mark in its ongoing presale. Additionally, 99Bitcoins, a reputable name in crypto education since 2013, has launched its new 99Bitcoins Token (99BTC), now listed on Coingecko. Bitcoin experienced a sharp 28% decline in the broader market, prompting institutional investors to seize the opportunity and buy the dip.
1. BlockAI (BAI)
BlockAI is a company with five years of experience in blockchain and AI development. The platform combines technical expertise with market insights and offers services in three main areas: development and research, marketing and PR, and advisory and consulting.
Regarding development and research, BlockAI’s efforts focus on the technical aspects of blockchain and AI. They provide services like website design and project management, smart contract development and auditing, and product prototyping. In marketing, BlockAI offers digital content creation and community management services. These offerings include blog posts, presentation kits, infographics, and explainer videos designed to enhance project visibility and reach.
On the advisory side, BlockAI offers consulting services that cover market trends and business model strategies. Their expertise helps businesses navigate the complexities of blockchain and AI technologies. This guidance is particularly useful in a rapidly evolving market, where staying ahead is crucial.
In addition to these services, BlockAI has developed a suite of AI tools to lower the barriers to entry for advanced technologies. For instance, one tool summarizes lengthy YouTube videos, helping users consume information more efficiently. Another tool supports idea generation and planning, making it user-friendly and accessible to professionals without technical backgrounds.
Moreover, BlockAI simplifies access to the latest OpenAI API and other language models like gpt4all and Orca Mini. These tools are versatile, supporting applications like content creation and customer service. As a result, users can use them without deep technical expertise.
To enhance its offerings, BlockAI has formed several strategic partnerships. One key collaboration is with MongoDB. BlockAI has joined MongoDB’s Startup Program, allowing it to build on its infrastructure and explore new GenAI features. Additionally, another partnership with CoinLiquidity focuses on integrating AI with smart contracts. In this collaboration, AI-generated outcomes are securely stored on the blockchain.
2. Universal BTC (UNIBTC)
Bedrock, developed in collaboration with RockX, a blockchain infrastructure firm with extensive crypto-staking experience, introduces a multi-asset liquid restaking protocol. This protocol supports assets, including wrapped BTC (wBTC), ETH, and IOTX, to offer enhanced staking options through a universal token standard.
Bedrock facilitates restaking through its Liquid Restaking Tokens (LRT). These tokens represent staked PoS assets along with potential future rewards. The supported assets include uniBTC, a restaking solution for wrapped BTC (wBTC) developed in partnership with Babylon Chain. This allows wBTC holders on the Ethereum blockchain to earn yields from staking BTC while benefiting from the security of the Ethereum network.
For ETH, Bedrock offers uniETH, a liquid staking solution designed to maximize additional rewards through EigenLayer. This product combines Ethereum’s yield potential with added benefits while providing institutional-grade security. Similarly, for IOTX, Bedrock offers uniIOTX, a liquid staking option on the IoTeX blockchain. This solution addresses some limitations associated with Delegated Proof of Stake on IOTX.
🟠 Bitcoin Staking Cap 1 Extended!#BTC Liquid Staking Cap 1 reached in just 2 days! Due to overwhelming demand, the cap is extended to 400 BTC—now called Cap 1+.
Restake your #Bitcoin powered by @babylonlabs_io and earn yield, rewards & diamonds! 🚀https://t.co/A3eQM8X7dR https://t.co/Z1kRu3Y5DR
— Bedrock | Bitcoin Restaking LIVE (@Bedrock_DeFi) August 10, 2024
Bedrock’s key focus is security, and the company is committed to enhancing its offerings while ensuring functionality and safety. Bedrock publicly shares detailed audit reports and other security measures to reflect its dedication to maintaining high standards.
In addition to its technical offerings, Bedrock has formed several strategic partnerships to expand its ecosystem. The collaboration with Pell Network aims to enhance the BTC ecosystem by integrating native BTC staking and LSD restaking services, complementing Bedrock’s Bitcoin restaking offerings. Moreover, the collaboration with Agilely.io allows uniETH holders to mint USDA on the Agilely protocol, improving capital efficiency and flexibility for users. Additionally, Bedrock’s uniETH is now live on Sushi, a move intended to incentivize users on both platforms.
3. Pepe Unchained ($PEPU)
Pepe Unchained is making a market in the memecoin sector, crossing the $8.1 million mark in its ongoing presale. The Ethereum-based Layer 2 solution aims to enhance transaction efficiency by offering faster speeds and lower costs.
Unlike traditional Layer 1 networks, Pepe Unchained focuses on evolving the Pepe project into a more technologically advanced platform. This approach appeals to investors interested in innovation and improved operational efficiency within the crypto space.
The distribution of Pepe Unchained’s 8 billion PEPU tokens is structured to promote sustainable growth. Specifically, 20% of the tokens are allocated for the presale, with an additional 20% dedicated to marketing efforts. This strategy prioritizes initial momentum and seeks to engage investors early on. Another 10% is set aside to maintain liquidity, project finance, and chain operations stability. A significant 30% is reserved for staking, highlighting the project’s emphasis on long-term participation.
PEPU’s staking option offers a notably high annual percentage yield (APY) of 237%. This feature may appeal to investors seeking passive income opportunities. The presale has been promising, with PEPU tokens priced at $0.0090178 each, making them relatively affordable with potential for future growth.
We’ve raised $8M! 🎉
Thank you to everyone on the Pepe Unchained journey. This milestone brings us closer to launching our Layer 2 solution for faster, smarter blockchain experiences! pic.twitter.com/cYWYqVd3l3
— Pepe Unchained (@pepe_unchained) August 10, 2024
Investors can purchase PEPU tokens using ETH, USDT, or BNB, with staking rewards available for transactions made with ETH and USDT. Additionally, including bank cards as a payment option broadens accessibility, catering to a wider range of potential investors.
Pepe Unchained’s roadmap outlines a series of growth stages following the presale, with an expectation of value appreciation as milestones are achieved. Overall, Pepe Unchained presents a thoughtful proposition in the memecoin market, combining technological advancements with strategic planning to attract a diverse investor base.
4. 99Bitcoins (99BTC)
99Bitcoins, a well-established name in crypto education since 2013, has introduced its new 99Bitcoins Token (99BTC), now listed on Coingecko. The platform is expanding its offerings with this token as part of a broader Learn-to-Earn initiative. 99Bitcoins aims to incentivize users to deepen their knowledge of blockchain and cryptocurrency by rewarding them with 99BTC tokens for participating in educational activities.
The platform, which started as BitcoinWithPaypal.com, has undergone significant changes, including a rebranding due to legal issues. Over time, 99Bitcoins has grown to cover a wide range of cryptocurrencies. It now offers tutorials and news. The latest evolution is the introduction of an interactive learning experience. This new feature uses the $99BTC token to engage and educate its audience dynamically.
Recently, the 99Bitcoins team made headlines by burning 33 billion 99BTC tokens, representing one-third of the total supply. This strategic move is intended to maintain market balance. It may also increase the token’s value for holders. The action has generated considerable interest in the investment community.
In preparation for our upcoming @CoinMarketCap and @coingecko listings, we've just burned another 10% of the $99BTC supply to boost our token's strength! 🔥
Check out the burn verification here: https://t.co/hYDslWJhLq#99Bitcoins #BTC #Presale pic.twitter.com/IPqPug6E0A
— 99Bitcoins (@99BitcoinsHQ) August 9, 2024
As a result, discussions are buzzing on social media platforms like Twitter and Telegram. Influencers, including popular YouTubers ClayBro and Crypto Gains, have expressed optimism about the token. This has further contributed to the growing anticipation.
The potential for 99BTC to be listed on centralized exchanges (CEXs) could be a significant factor in its future price movement. However, the excitement surrounding 99BTC is more than just speculative. It is backed by 99Bitcoins’ longstanding reputation as a reliable educational resource in the crypto space.
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