{"id":487350,"date":"2024-03-09T16:33:12","date_gmt":"2024-03-09T16:33:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=487350"},"modified":"2024-03-09T16:33:12","modified_gmt":"2024-03-09T16:33:12","slug":"new-cryptocurrency-releases-listings-presales-today-scallop-alvara-protocol-bst-chain","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/new-cryptocurrency-releases-listings-presales-today-scallop-alvara-protocol-bst-chain","title":{"rendered":"New Cryptocurrency Releases, Listings & Presales Today \u2013 Scallop, Alvara Protocol, BST Chain"},"content":{"rendered":"

The recent surge in the market and optimistic outlook due to the upcoming Bitcoin Halving has led to substantial profits for wise investors. Additionally, there has been a notable uptick in the Altcoin market, especially in sectors like AI, gaming, and meme coins. As a result, investors are actively searching for coins in these sectors to take advantage of the anticipated rally.<\/span><\/p>\n

Moreover, <\/span>new tokens and presales<\/span><\/a> are gaining investors’ attention by offering promising growth prospects. This analysis explores their utility, performance indicators, and significant advancements in these coin markets.<\/span><\/p>\n

New Cryptocurrency Releases, Listings & Presales Today<\/b><\/h2>\n

Bitcoin Minetrix’s presale stage 30 has attracted more than $11.9 million, reflecting the growing adoption of cryptocurrency. On the general market scene, <\/span>Bitcoin surpasses the $70,000 mark<\/span><\/a>; MicroStrategy opts for a $700 million debt offering to sustain its purchasing spree.<\/span><\/p>\n

1. Scallop (SCA)<\/b><\/h3>\n

Scallop is creating the Next Generation p2p Money Market for the Sui ecosystem. In conjunction with this, the project aims to transform the DeFi space through innovation. Notably, it has become the first DeFi protocol to secure an official grant from the Sui Foundation.<\/span><\/p>\n

Tokenomics is essential when investing, and Scallop’s tokenomics are solid. The project is well-placed for growth with a Market Cap of $30M Fully Diluted Value (FDV) and a $4.5M Initial Market Cap (IMC). Meanwhile, the Token Generation Event (TGE) is imminent, adding to the project’s anticipation.<\/span><\/p>\n

\"SCA<\/p>\n

Moreover, the Scallop Token ($SCA) serves as the core utility token within the ecosystem, facilitating decentralized exchange and interaction among participants. It will be distributed as an incentive to users, improving active engagement and contribution to the platform.<\/span><\/p>\n

Meanwhile, SCA’s distribution is well-balanced, with allocations for Liquidity Mining, Core Contributors, Development and operations, and Advisors. It also includes Strategic Investors and partners, Ecosystem Growth, Liquidity, and Treasury, ensuring a diverse and sustainable ecosystem.<\/span><\/p>\n

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💧PHASE 3 – First Rewards Distributed!💧<\/p>\n

✨Scallop's First staking event is now LIVE!<\/p>\n

Simply stake $SCA<\/a> for veSCA and receive daily $SCA<\/a> rewards!<\/p>\n

🎁Reward Pool: 2,250,000 $SCA<\/a>
⏳15 days<\/p>\n

Stake your $SCA<\/a> now👇https:\/\/t.co\/s4TvUYfpPF<\/a> pic.twitter.com\/xAw9ryoIJO<\/a><\/p>\n

— Scallop (@Scallop_io) March 9, 2024<\/a><\/p><\/blockquote>\n