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Institutional adoption of digital assets has grown, with most of the top Hedge Funds declaring Bitcoin ETF holdings. Recent data reveals that 60% of the top 25 hedge funds have disclosed holdings in Bitcoin ETFs. Moreover, Bitcoin is witnessing a market revival following its crash on August 5. This positive sentiment has trickled to other top cryptocurrencies, including BNB, Ethereum, and Cardano.
New cryptocurrency releases, listings, and presales today are also riding the positive wave. InsideBitcoins provides a curated list of these tokens to assist interested investors.
New Cryptocurrency Releases, Listings, and Presales Today
WEEX distinguishes itself with a cost-effective strategy, offering up to 200x leverage, zero liquidation fees, and competitive transaction costs. Meanwhile, the Meme Games uniquely impacts the cryptocurrency landscape by linking its meme coin with the excitement surrounding the 2024 Paris Olympics.
The Internet Computer’s Chain Fusion technology seamlessly integrates Web3 experiences, enabling developers to build multichain applications. Furthermore, Pepe Unchained’s presale outcomes indicate significant market interest, with PEPU tokens priced at $0.0091996 each. On another note, Bitcoin dropped to $58,000 as the week began.
1. WEEX Token (WXT)
Since 2018, WEEX has focused on delivering a user-centric cryptocurrency trading experience, earning recognition among traders in over 30 countries. By prioritizing user satisfaction, WEEX has built a platform that offers a wide range of trading options, including spot trading, futures, copy trading, and a streamlined listing process through Launchpool.
The platform handles over $2 billion in daily trading volume and consistently ranks among the top five exchanges on CoinMarketCap (CMC). Combined with its positive trust score and audited Proof of Reserves, this has attracted over 2 million users globally. Additionally, WEEX has secured partnerships with over 10,000 top traders and 2,000 influencers, further expanding its reach and credibility.
The platform strongly emphasizes safety, employing a two-layer risk control system, manual oversight, and a high-speed order-matching engine. It also provides various altcoin pairs, enabling traders to explore multiple profit opportunities.
WEEX also stands out for its cost-effective approach, offering up to 200x leverage, zero liquidation fees, and competitive transaction costs. The platform’s copy trading feature allows users to replicate the strategies of thousands of professional traders with transparent and traceable data to enhance their market performance.
Operating in over 30 countries, WEEX ensures global reach and localized compliance through licenses under US MSB, Canada MSB, and St. Vincent FSA. Supporting multiple languages and being present in App Stores across more than 130 countries, WEEX ensures broad accessibility to its services.
We’ve achieved another milestone with lightning speed—Over 400 futures merch are now listed on WEEX!
Are you part of this history? If not, it’s time to get involved!
Only at https://t.co/JGXIEMlDpK – Where New Wealth Is Made! pic.twitter.com/R8prhwBcO7— WEEX (@WEEX_Official) August 16, 2024
The WEEX Token (WXT) adds further value to the platform by offering users trading fee discounts, priority access to promotions, and other benefits that enhance their trading experience and long-term rewards.
Moreover, WEEX has recently formed strategic partnerships with Echo Wallet, AlchemyPay, and K9 Finance. These collaborations aim to provide users with secure transactions and convenient payment methods, thus continuously improving the overall user experience.
2. The Meme Games (MGMES)
The Meme Games is making a distinct mark in the cryptocurrency landscape by combining its meme coin with the anticipation of the 2024 Paris Olympics. Even though the Mondial event has ended, the MGMES project is gaining attention due to its Olympics-themed concept.
The Meme Games presale phase reflects the current hype around the project, having raised over $376,000, with a target of $1,093,190 million. This early traction suggests potential growth for MGMES tokens and a window to capitalize on its current price of $0.0093 before its next increase in 4 days. Investors can participate in the presale through the project’s website using an Ethereum or BNB Chain wallet. The total supply of tokens is capped at 2.024 billion, with 38% reserved for the presale, offering early investors a notable share.
A key feature of The Meme Games is its emphasis on fairness and unpredictability. Every character in the game has an equal chance of winning, adding an element of excitement and reward for participants. Additionally, investors receive a 25% bonus on their MGMES tokens if their chosen meme athlete wins. They can also increase their odds by purchasing tokens multiple times and supporting various characters.
The project also offers a staking option, with an annual return of 539%, though this rate could fluctuate based on participation levels. Staking provides an opportunity to grow holdings before MGMES is listed on exchanges on September 10. With the presale ending on September 8, coinciding with the Paralympics closing ceremony, this period offers a chance to invest before the token possibly increases in value upon listing.
3. Chain-key USDT (CKUSDT)
The Internet Computer’s Chain Fusion technology effectively unifies Web3 experiences by empowering developers to create multichain applications. It enables smart contracts to interact with multiple networks, allowing developers to leverage Internet Computer Protocol (ICP) features without migrating their dapps. Consequently, Chain Fusion simplifies complex multichain use cases by offering seamless and secure interoperability between blockchains.
One key benefit is that it enables smart contracts to manage and program tokens across networks, such as Bitcoin (BTC) and Ethereum (ETH). Moreover, Chain Fusion supports interaction with Web2 systems, setting timers, and responding to Ethereum or Bitcoin events without requiring app migration.
On-chain orchestration is another crucial feature, as it facilitates cross-chain communication. For example, ICP smart contracts can manage Ethereum dApp payments on the Bitcoin network or execute decentralized autonomous organization (DAO) votes across chains. Furthermore, ICP acts as a coprocessor, allowing dapps to offload heavy computational tasks without needing a full migration.
Chain Fusion also enhances the ICP ecosystem by supporting projects like ckTokens for fast, low-cost transactions, metaprotocols for decentralized cross-chain infrastructure, and decentralized exchanges (DEXes) that facilitate cross-blockchain trading. Additionally, marketplaces leveraging Chain Fusion efficiently trade assets like Ordinals and Runes.
Earlier this week @tap_protocol announced that they leveraged Chain Fusion tech to launch #Bitcoin native smart contracts, swaps and liquidity pools on Bitcoin L1 mainnet 🤯
Learn more from @rarity_garden, Founder of TAP Protocol, and catch up on what you missed here 👇 https://t.co/kPMovcFvOP
— DFINITY (@dfinity) August 17, 2024
For developers, ICP offers native Bitcoin integration, RPC services, and threshold signing protocols, enabling direct interaction with Bitcoin and Ethereum networks. Furthermore, ICP’s HTTPS outcalls enhance its utility by allowing interaction with off-chain systems and data. Meanwhile, Chain-key USDT (CKUSDT), the platform’s native token, is actively traded on decentralized exchanges, and market activity is rising.
Finally, ICP’s strategic partnerships with organizations like CV Labs and UNDP further drive blockchain innovation, enhance digital credential security, and promote global financial inclusion. Collaborations like the one with Tap Protocol expand ICP’s reach in the blockchain space, linking Bitcoin with Ethereum’s DeFi ecosystem.
4. Pepe Unchained ($PEPU)
Like The Meme Games, Pepe Unchained (PEPU) is attracting attention to the crypto sector. The project seeks to build on the legacy of the original Pepe project by introducing innovations and improving efficiency within the cryptocurrency space. Notably, Pepe Unchained is the first Pepe-themed token with its blockchain infrastructure. The narrative suggests an evolution of the Pepe brand, moving beyond the limitations associated with Layer 1 blockchains and signaling a commitment to technological progress.
The presale results suggest considerable market interest, with PEPU tokens priced at $0.0091996 each. This price point makes the token accessible while also hinting at the potential for future growth. Moreover, the presale has already raised over $9.7 million, with one day left before the next price increase. Meanwhile, investors can purchase PEPU tokens using ETH, USDT, or BNB. Additionally, the availability of bank card payment options enhances accessibility for potential investors.
Pepe Unchained’s roadmap outlines a phased growth strategy following the presale, with expectations of value appreciation as the project reaches key milestones. The project’s approach appears methodical, blending technological advancements with strategic planning to appeal to diverse investors interested in the meme coin market.
We’ve just hit $9.5M!
So close to the next big milestone! Pepe Unchained is unstoppable and we’re only getting started. Huge thanks to everyone on this journey with us! 🐸🚀 pic.twitter.com/l5SOUSpkJF
— Pepe Unchained (@pepe_unchained) August 20, 2024
Furthermore, the distribution of Pepe Unchained’s 8 billion PEPU tokens follows a structured plan designed for sustainable growth. Notably, 20% of the tokens are allocated for presale, and another 20% is dedicated to marketing efforts. This approach focuses on generating early momentum and engaging a broad investor base. The project also features a staking option with an annual percentage yield (APY) of 204%, which could attract those interested in earning passive income.
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