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With increased fanfare around tokens, new cryptocurrency releases, listings, and presales are growing in adoption. These newly launched tokens sometimes offer great potential for returns, prompting investor consideration. As the Altcoin season draws closer, platforms like CoinMarketCap (CMC) and Coincodex are witnessing the daily listing of such tokens. However, while several coins claim to offer lucrative future returns, selecting legitimate projects requires market understanding.
On this note, Insidebitcoin curates lists of new cryptocurrency releases, listings, and presales, including SHRIMP, ivendPay, and SLERF. These tokens demonstrate promising prospects within the crypto market. This analysis delves into their tokenomics, use cases, collaborations, and other significant features that render them appealing investment opportunities.
New Cryptocurrency Releases, Listings, and Presales Today
As Bitcoin continues its descent below the $68,000 mark, experiencing further losses over the weekend, certain meme coins are bucking the trend and seeing gains. The newly introduced SLERF coin has surged by 52%, reaching a market cap of $505 million. This rally followed its developer’s accidental burning of $10 million in presale funds.
Meanwhile, eTukTuk has surpassed the $2.3 million milestone in presale, signaling significant interest from investors. Additionally, the team behind Aptomingos has unveiled its official token, $SHRIMP, to enhance engagement within the Aptos ecosystem while supporting charitable endeavors.
1. SHRIMP (SHRIMP)
The team behind Aptomingos has launched its official token, $SHRIMP, to improve engagement within the Aptos ecosystem while supporting charitable initiatives. The token operates with a unique burn mechanism called ‘The Barbecue,’ which utilizes a reserve allocation to fulfill community-inspired goals once certain burn thresholds are met.
In addition, ‘The Barbecue’ ensures a dynamic token environment where participation is key. For clarity, if holders choose not to participate, a percentage of their tokens will be burned, incentivizing active engagement.
Since its launch, $SHRIMP has seen impressive initial results. It achieved a $1 million volume within the first three hours and experienced a 900% increase from its initial price. Additionally, the project boasts over 1240 holders without any airdrop incentives yet and has secured listings on major platforms like DEX Screener, CoinMarketCap, and DEXTools.
SHRIMP has been live for almost a week!
Let's look at some numbers before we go back to our regular scheduled meme content.
🦐 – $2,700,000+ volume the past 7 days.
🦐 – 600,000+ impressions on our X account over the past month.
🦐 – 2715+ holders, increasing steadily every… pic.twitter.com/0TxWzZXYcn— SHRIMP (@shrimp_apt) March 15, 2024
Meanwhile, SHRIMP has confirmed three future use cases that will consume and burn the token, ensuring its continued scarcity and value appreciation. Investors can expect further updates on its goals and initiatives as the project progresses. This includes entertainment and charitable contributions within and beyond the crypto community.
2. ivendPay (IVPAY)
IvendPay’s goal as an innovative fintech project is to integrate digital currency payments, making daily transactions easy and seamless. Designed with simplicity, IvendPay offers solutions for accepting tokens through various channels, such as POS terminals, e-commerce plugins, APIs, apps, and vending machines.
Moreover, the IVPAY token is the backbone of the IvendPay ecosystem, which facilitates value transfer within the platform. Integrated across services and products, IVPAY functions as a medium for payments, rewards, and discounts, similar to loyalty programs.
Meanwhile, key partnerships with industry leaders like Binance Pay and Gate Pay highlight IvendPay’s commitment to accessibility and innovation. These partnerships expand crypto payment options for merchants and customers. Furthermore, IvendPay’s recent integration with TIANYU terminals marks a significant step forward. It reaches over 100 million terminals worldwide.
Furthermore, IvendPay has debuted on CoinMarketCap, making market performance and historical data accessible in real time. Hence, investors and users can now track IVPAY’s progress, enhancing confidence in the project’s direction.
$IVPAY will be powered by @BNBCHAIN, including BNB Greenfield!
Since 2020, we’ve been a part of the ecosystem. Therefore, when choosing a blockchain, we had no doubts.#IVPAY #BNBChain #Cryptopayments pic.twitter.com/UxHKzsx5sV— ivendPay (@ivendpay) March 11, 2024
With confirmed listings on reputable platforms like Bitget, Mexc, and Whitebit, IvendPay positions itself as a leader in the crypto space. It also has approved launchpads, including Tenset and Republic. Offering up to 50% discounts on all ecosystem operations, IvendPay provides cost-effective solutions for both B2B and B2C transactions.
As the project prepares for its planned Token Generation Event (TGE) in Q1 2024, excitement grows among investors. Also, IvendPay aims to transform cryptocurrency payments with a diverse range of partnerships and a commitment to driving mass adoption. In line with this, it bridges the gap between traditional financial systems and the digital economy.
3. eTukTuk (TUK)
eTukTuk has crossed the $2.3 million presale milestone, indicating significant investor interest in its innovative approach to reforming transportation in developing nations. Through blockchain technology, eTukTuk aims to enhance sustainability in urban transportation. In line with this, it utilizes AI-driven efficiency to optimize routes, reduce traffic congestion, and minimize fuel consumption.
These newly emerging AI tokens packed with AI technology are primed for 2024 growth – @EconomicTimes
Read more here:https://t.co/tYrd4BLeKR
— eTukTuk (@eTukTukio) March 15, 2024
Meanwhile, the project actively commits to advancing eco-friendly initiatives, aligning with its presale efforts to attract investors interested in supporting environmental goals. In addition, integrating AI-enhanced blockchain technology means eTukTuk pioneers smart infrastructure, further promoting real-time green initiatives.
Moreover, the presale progresses in stages, with the price of eTukTuk’s native token, TUK, incrementally increasing as more funds are secured. With a hard cap target of $10.7 million, the project actively aims to achieve its outlined goals. Currently priced at $0.0285, TUK tokens are actively purchasable using BNB, USDT, or credit/debit cards.
Investors can also actively stake their tokens, potentially generating up to 111% APY yields. Over 23 million TUK tokens have already been staked, with presale buyers actively receiving 6% of the total 2 billion TUK supply. Following the conclusion of the presale, eTukTuk actively plans to list TUK on leading exchanges to enhance liquidity and accessibility.
The project’s Telegram community anticipates these listings, actively believing that eTukTuk’s eco-friendly objectives could drive demand. With the current momentum of the presale, eTukTuk actively appears on track to achieve its hard cap goal, signaling progress toward the execution phase of its roadmap.
4. SLERF (SLERF)
The Solana has welcomed a new meme coin, SLERF, into its ecosystem. Like its namesake, Slerf, the sloth, the SLERF coin embodies perseverance and determination. Mirroring Slerf’s slow journey through the Amazon rainforest, the SLERF coin offers a deliberate and calculated approach to cryptocurrency.
Inspired by Slerf’s legendary ascent to the moon, the SLERF coin encapsulates the spirit of reaching for the stars, marking a significant milestone in the blockchain community. Its creation sparks inspiration for all to aim higher and achieve greatness.
What distinguishes the SLERF coin is its commitment to patience and resilience, reflecting the ethos of its slothful muse. Amidst a world characterized by haste, the SLERF coin advocates for a slower yet steadfast approach to financial growth.
Despite a unique market entry, with its developer accidentally burning $10 million of presale funds, the SLERF coin has seen remarkable success. Within 24 hours, its price surged over 52%, reaching $0.9422. Its trading volume exceeded $3.2 billion, and its market capitalization was $505 million. Achieving an all-time high of $1.37, it amassed thousands of unique addresses holding the altcoin shortly after launch.
Additionally, LBank’s collaboration with the Slerf team to support presale participants highlights the project’s commitment to early investors. As custodians of the donation wallet, LBank becomes the first donor to support early investors.
The accidental burn of presale tokens, totaling $10.6 million, initially raised concerns but did not impede the SLERF coin’s meteoric rise. Despite this setback, the project continues to gain traction and attract attention within the cryptocurrency community.
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