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The cryptocurrency market witnessed significant liquidation over the past day, with the market sentiment falling to a low of 38. Bitcoin topped the liquidation standings, with BNB and Ethereum also witnessing liquidated positions. This increased selling pressure is linked to Mt. Gox’s ongoing customer compensation.
With the market currently experiencing a lull, some investors are turning to many new cryptocurrency releases, listings, & presales for easy market entry. InsideBitcoins aids this search by spotlighting the top picks in these categories and providing insights into their features, utilities, and roadmap.
New Cryptocurrency Releases, Listings, and Presales Today
Tonoreum, a groundbreaking Telegram Open Network (TON) project, stands out with its unique features. It introduces TOR Power, a distinctive element that enables users to mine TOR currency. Meanwhile, TRALA Lab is developing the TRALA platform, an all-in-one Web 3.0 gaming ecosystem.
In addition, Base Dawgz has demonstrated significant growth since the start of its presale. The project raised $200,000 on its first day, eventually accumulating $1 million within the first seven days. However, over $170 billion has been wiped off cryptocurrencies as the market tanks on fears related to the Mt. Gox bitcoin payout.
1. Tonoreum (TOR)
Tonoreum, a groundbreaking Telegram Open Network (TON) project, stands out with its unique features. It introduces TOR Power, a distinctive element that enables users to mine TOR currency.
Leveraging a combination of Proof of Link and Proof of Work algorithms, Tonoreum integrates Telegram’s functionalities with advanced blockchain technology. Importantly, this marks a significant step in combining communication and distributed ledger technologies.
Users can increase their TOR Power by joining the TOR channel and referring new users who receive their own TOR Power packages. Consequently, this referral system promotes rapid and organic network growth. The $TOR project aims to establish the first infrastructure on the TON blockchain based on the Proof of Link consensus.
This innovative approach utilizes technologies like Telegram and other blockchain platforms to create a decentralized network. Moreover, Tonoreum sets itself apart by allocating only 5% of its tokens in the premise phase. In addition, the remaining tokens are distributed through regular mining every five minutes until the total supply of 21 billion tokens is reached. Therefore, this distribution model enhances user activity and long-term engagement.
Within the Proof of Work framework, $TOR focuses on developing infrastructure with tasks that reward users with tokens and unique NFTs. This strategy enhances the $TOR ecosystem and provides users with additional value, making Tonoreum appealing to investors interested in the intersection of blockchain technology and social communication.
Tonoreum has formed several strategic partnerships. For instance, it has partnered with XSTAR, an Omnichain Identity Protocol featuring an Adaptive Humanity Scoring system for individual authentication. StarProtocol, the world’s first all-chain domain service supported by LayerZero, offers domain transfers and resolution services across layer one and two networks.
Furthermore, Tonoreum has teamed up with TonFish, a leading project on the TON blockchain, and Ton Army, a Polish group of TON blockchain users sharing information from the crypto world. Additionally, Tonoreum has partnered with Tonwifhat, aiming to advance the TON blockchain to be among the top five blockchains.
Tonoreum is listed on Coingecko and verified on Dexscreener. Its unique Proof of Link consensus and strategic partnerships position it as a significant player in the TON blockchain ecosystem. Consequently, with a focus on user engagement and decentralized growth, Tonoreum is an intriguing project for those interested in blockchain advancements.
2. TRALA TOKEN (TRALA)
TRALA Lab is developing the TRALA platform, an all-in-one Web 3.0 gaming ecosystem. Aiming for mass adoption, TRALA Lab focuses on integrating multiple AAA crypto games. They leverage substantial Web 2.0 resources and a proven track record in global gaming. Operating under the slogan “The future of fun,” their goal is to offer users a new dimension of Web 3.0 games.
TRALA aims to create a stable economic system similar to traditional Web 2.0 games by integrating Web 2.0 and Web 3.0 users into a unified ecosystem. This involves mechanisms to prevent inflation, stabilize the economy, and share revenue within the ecosystem.
Additionally, the platform includes game governance, a burning mechanism, and a community-centric approach. The focus on mobile adoption ensures accessibility for a broader audience. Furthermore, emphasizing symbiosis with other ecosystems aims to expand the economic systems of individual games and the TRALA ecosystem.
TRALA Lab has committed to building on zkSync, a zero-knowledge technology, in partnership with Matter Labs. This collaboration aims to publish a range of AAA games on zkSync and addresses key challenges in the global gaming market. Other notable partnerships include XRADER, a Dapp providing reliable information for investors, and Holdstation, a platform making DeFi as user-friendly as CeFi.
TRALA Token Coming Soon to CoinMarketCap!
We're excited to announce that TRALA token info will soon be live on @CoinMarketCap Stay tuned and thank you for your support 👋
TRALA Official Ticket Number : 942732
Stay turned👀 pic.twitter.com/BDCvqkt1ME
— TRALA (@TRALA_Official) July 1, 2024
Holdstation focuses on futures trading with account abstraction. Additionally, TRALA Lab collaborates with Aark Digital for community-building and exclusive rewards. They also partner with Fandom Studio for a Web3 Fan-Fi project in entertainment and Yeeha Games to develop fun, fair Web3 GameFi experiences.
In conclusion, TRALA Lab’s efforts to create a sustainable and integrated Web 3.0 gaming platform show promise. Their focus on economic stability, strategic partnerships, and mobile adoption positions them well to bridge the gap between Web 2.0 and Web 3.0 gaming. However, the long-term success of this initiative will depend on the effective implementation of their strategies and the continued growth of their ecosystem.
3. Base Dawgz (DAWGZ)
Base Dawgz has entered the cryptocurrency market with a unique concept that combines popular meme characters and the idea of “base jumping.” This concept facilitates seamless asset transfers across multiple blockchains, including Ethereum, Solana, Avalanche, and Binance Smart Chain.
Base Dawgz has demonstrated significant growth since the start of its presale. The project raised $200,000 on its first day, accumulating $1 million within seven days. In its current presale stage, Base Dawgz has reached $2.3 million in funding. Meanwhile, the native token, DAWGZ, is currently pegged at $0.00581, and its value is expected to rise soon. This anticipated increase aligns with a well-defined tokenomics plan to reward early investors and participants.
Base Dawgz is invested in offering its users important utilities, exemplified by its “Be Social for Airdrop” initiative. This program incentivizes users to create and share content about the project on designated channels. Participants earn reward points, which can be exchanged for additional DAWGZ tokens after the presale, fostering community engagement and increasing visibility.
Regarding its tokenomics, the total token supply of 8,453,000,000 DAWGZ is strategically distributed: 20% for initial availability, 20% for staking, and 20% for liquidity. The remaining 40% is allocated to marketing efforts (15%), community rewards (15%), and exchange listings (10%). This distribution aims to enhance impact and ensure sustainability.
Base Dawgz presents a distinctive proposition in the cryptocurrency space by simplifying cross-blockchain asset transfers. DAWGZ tokenomics and community-driven growth strategies are noteworthy. However, the project’s success will depend on sustained community involvement and the effective execution of its roadmap.
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