{"id":552205,"date":"2024-07-16T16:59:11","date_gmt":"2024-07-16T16:59:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=552205"},"modified":"2024-07-16T16:59:11","modified_gmt":"2024-07-16T16:59:11","slug":"new-cryptocurrency-releases-listings-presales-today-covalent-x-taiko-aark","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/new-cryptocurrency-releases-listings-presales-today-covalent-x-taiko-aark","title":{"rendered":"New Cryptocurrency Releases, Listings, & Presales Today \u2013 Covalent X, Taiko, Aark"},"content":{"rendered":"

The cryptocurrency market has continued its revival, consolidating yesterday’s positive performance. Over the past 24 hours, the global crypto market cap reached $2.36T, a 4.63% increase from yesterday. Similarly, the overall Fear & Greed Index increased from 40 to 57, signifying growing investor belief. <\/span><\/p>\n

With Bitcoin market dominance dropping by 0.03%, <\/span>new cryptocurrency releases, listings, & presales today<\/a> are gaining investor attention. InsideBitcoins provides a selection of such tokens, including their utilities and market prospects.<\/span><\/p>\n

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

Covalent is emerging as a pivotal player in modular data infrastructure, effectively tackling the long-term challenges related to data availability and verifiability in AI applications. Meanwhile, Taiko has launched an open-source, permissionless ZK-Rollup designed to enhance Ethereum’s scalability natively. <\/span><\/p>\n

In another innovative development, Aark introduced a groundbreaking Leverage-Everything Perpetual DEX, which provides high leverage on a wide range of long-tail assets and fee-free leverage options for liquidity providers (LPs). Furthermore, the ongoing presale of SHIBASHOOT tokens has garnered substantial interest, raising over $675,700. Meanwhile, BlackRock’s CEO, Larry Fink, strongly believes in <\/span>Bitcoin’s potential role<\/span><\/a> in investment portfolios.<\/span><\/p>\n

1. Covalent X (CXT)<\/b><\/h3>\n

Covalent is emerging as a key player in modular data infrastructure, addressing AI’s long-term data availability and verifiability challenges. The Covalent Network is transitioning towards a decentralized, community-owned, and community-run protocol. It captures indexes and stores blockchain data across multiple network points, making it instantly accessible through the GoldRush API, previously known as the Unified API.<\/span><\/p>\n

Moreover, the Covalent Network is designed to be compatible with standard data tools, is multi-chain compatible, is storage and network efficient, and requires minimal resources, thus making it suitable for commercial and retail infrastructure.<\/span><\/p>\n

\"CXT<\/p>\n

At the core of Covalent’s ecosystem is the Covalent X Token (CXT). All network settlements use CXT. Operators must meet a minimum staking requirement and are compensated in CXT for validating data requests, indexing blockchain data, and responding to queries. <\/span><\/p>\n

Covalent has announced several strategic partnerships to expand its network and capabilities. For instance, it has integrated with Movement Labs’ M2, a MEVM ZK L2 on Ethereum, to provide real-time data indexing and deployment tools. <\/span><\/p>\n

\n

CXT is live.<\/p>\n

The Future is Verifiable Data.<\/p>\n

Day Zero of the New Dawn is here 🌅https:\/\/t.co\/rPQtcqhvXR<\/a><\/p>\n

🧵⬇️<\/p>\n

— Covalent (@Covalent_HQ) July 11, 2024<\/a><\/p><\/blockquote>\n