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Several cryptocurrencies, including Bitcoin, have been bossed by the SEC’s recent meeting, which may see rate cuts implemented. Moreover, the listing og Dogs on Binance has pivoted the attention of new cryptocurrency releases, listings, & presales today.
Additionally, India’s potential approval of digital assets has introduced a wave of optimism into the cryptocurrency market. With new tokens garnering attention from a wider audience, this article offers a selection for interested investors.
New Cryptocurrency Releases, Listings, and Presales Today
Orderly Network, an L2 solution built on the OP stack, is gaining attention for offering a permissionless liquidity layer designed for Web3 trading. Meanwhile, DevourGO, along with its native token Fuel, is emerging as a significant player in the Web3 space, particularly within the hospitality and restaurant sectors.
Additionally, the presale of Mega Dice has surpassed the $1.7 million mark, indicating a growing interest among ecosystem participants. Operating on the NEAR Protocol, Ref Finance stands out as a decentralized finance (DeFi) platform known for its low transaction fees, rapid finality, and compatibility with Rust smart contracts. In a significant development, a Telegram-linked token has shed $2.7 billion following the detention of its CEO.
1. Orderly Network (ORDER)
Orderly Network, an L2 solution built on the OP stack, offers a permissionless liquidity layer for Web3 trading. It features a shared order book across multiple blockchains, including Arbitrum, Optimism, Polygon, Base, Mantle, and Near, and plans to expand further. The platform facilitates trading across any chain, asset, or interface.
Orderly’s primary appeal lies in its strong SDK and integration capabilities, making it an attractive option for builders. Moreover, its unified liquidity model is designed to enhance trading performance, while its customizable front-end solutions allow developers to create tailored user interfaces. The platform’s flexibility enables a wide range of use cases, further broadening its appeal.
Several partnerships underscore Orderly Network’s versatility. For instance, Kai Exchange has integrated Orderly to power its perpetual futures trading on Base, offering users seamless onboarding, gasless trading, and mobile access. Similarly, CoolWallet, a self-custodial wallet, has partnered with Orderly to introduce leveraged trading across multiple chains, emphasizing secure cross-chain transactions and CEX-like execution speeds.
💜 $ORDER TGE is Coming August 26th!
Get ready—staking goes live the same day!
You can claim your full airdrop on August 26th.
Read our full tokenomics here: https://t.co/i7gCUKp3BR pic.twitter.com/mqE034N2oj
— Orderly Network (@OrderlyNetwork) August 16, 2024
Furthermore, Bitoro Network’s integration with Orderly addresses challenges in DeFi, such as fragmented liquidity and complex cross-chain trading. By leveraging Orderly’s infrastructure, Bitoro aims to enhance liquidity, simplify trading across EVM chains, and improve capital efficiency with advanced trading features.
In addition to these partnerships, LogX and EMDX have also collaborated with Orderly, focusing on token rewards and innovative perpetual trading products. LogX’s token mining program incentivizes trading on its platform, while EMDX plans to offer a wide range of trading pairs with significant leverage, all without requiring KYC.
2. Fuel (Fuelx)
DevourGO and its native token Fuel are emerging as notable players in the Web3 space, specifically targeting the hospitality and restaurant industry. The platform offers a food-ordering marketplace that integrates blockchain technology, and it provides restaurants with a unique way to engage with NFT communities and Web3 brands.
Moreover, DevourGO focuses on connecting restaurants with patrons through digital assets. Devour, one of its offerings, enables users to order food, earn rewards, and access VIP experiences using web3 assets. It also allows for payments in cryptocurrency. Another component, Devour DPAY, also serves as a payment and rewards token. This feature further enhances the user experience by offering opportunities to earn and spend rewards.
Today marks a new beginning. FUEL has officially launched! 🚀
This moment is a testament to our community's resilience and trust. To all DPAY holders, check your wallets – your FUEL is on its way. This isn't just a token swap; it's the start of a stronger, more secure Devour.👇 pic.twitter.com/lHALQ1lD52
— Devour (@GoDevour) August 20, 2024
One of the platform’s key strengths is its minimal barrier to entry for restaurants. Even those with little to no Web3 experience can participate. The low fees and seamless integration make it an attractive option for various dining establishments, ranging from local spots to international chains. Furthermore, DevourGO emphasizes collaboration between restaurants and Web3 entities. This approach creates new opportunities for pick-up and delivery orders tied to token-gated promotions and rewards.
Finally, partnerships with companies like Magic Labs and ItsaCheckmate further enhance DevourGO’s offerings. These collaborations simplify the user experience and add features like menu management, making the platform even more accessible to restaurants of all sizes.
3. Mega Dice (DICE)
GameFi projects increasingly attract market attention, offering a blend of gaming and decentralized finance. Mega Dice, a crypto project built on the Solana blockchain, seeks to improve the GameFi experience by integrating online gambling with crypto-tech. The project’s presale has surpassed the $1.7 million mark, reflecting growing interest from ecosystem participants. Specifically, the platform offers innovative and engaging features to gaming enthusiasts within the blockchain space.
One such offering is the “Refer & Earn” program. The program rewards users who bring in new participants by offering a percentage of their referrals’ spending. Notably, the project’s airdrop strategy will see $2.25 million distributed over three seasons. In Season 1, active players who wager at least $5,000 within 21 days can access a $750,000 reward pool. Seasons 2 and 3 follow this pattern, providing another $1.5 million in rewards, with Season 2 ending on June 28.
Furthermore, Mega Dice offers staking opportunities for token holders, allowing them to earn daily rewards based on the casino’s revenue. The platform also features NFTs for VIP players and a 25% referral commission to encourage user engagement further.
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— Mega Dice Casino (@megadice) August 24, 2024
The DICE token is currently priced at $0.110529, but it is expected to increase soon, a promising prospect that potential investors may want to consider. Overall, Mega Dice presents a distinctive blend of gaming and cryptocurrency, offering various incentives to attract and retain users. Coupled with its presale success, the growing interest in the project promises to ensure its long-term viability.
4. Ref Finance (REF)
Ref Finance, built on the NEAR Protocol, operates as a decentralized finance (DeFi) platform recognized for its low transaction fees, fast finality, and compatibility with Rust smart contracts. The platform focuses on enhancing the DeFi experience through efficient trading on its automated market maker (AMM) decentralized exchange (DEX).
One of Ref Finance’s key features is its integration with the Rainbow Bridge, a trustless mechanism connecting Ethereum-based assets with NEAR. This integration allows for seamless asset transfers between the two blockchains, thereby expanding possibilities for DeFi users. By leveraging Ethereum’s wide range of DeFi products and NEAR’s lower fees and faster transactions, Ref Finance significantly enhances the DeFi experience.
Furthermore, the platform prioritizes accessibility and inclusivity, aiming to make modern finance more reachable. Ref Finance emphasizes a user-friendly interface that supports various DeFi activities such as lending, borrowing, swapping, and liquidity provision, reflecting its commitment to advancing DeFi.
SMART ROUTE for @Ledger Community ♻️
NOW, Ledger users can enjoy:
– Low failure probability
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Check out the next tweet for a better understanding… pic.twitter.com/90papb6Ium
— Ref Finance (@finance_ref) August 25, 2024
In addition, strategic partnerships, especially with the Octopus Network, have further strengthened Ref Finance’s role in the NEAR DeFi ecosystem. Collaborations with NEAR projects like Skyward, Paras, and Aurora help create market pairs and, in turn, boost liquidity for NEAR native tokens. These partnerships enable Ref Finance to diversify its treasury, increase locked tokens, and provide easier access to ecosystem tokens for REF holders.
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