News
7 Best Crypto Projects on Blast Network in 2024
Last updated:
April 29, 2024 05:59 EDT
| 11 min read
Blast is one of the latest blockchain projects offering layer 2 solutions for Ethereum. It’s largely focused on passive ETH staking rewards, although the network also serves other use cases. With just over $1.5 billion in total value locked, Blast offers growth investors a first-mover advantage.
In this guide, we explore the 7 best Blast network projects for 2024. Read on to discover undervalued gems before the Blast narrative explodes.
The Top Crypto Projects on Blast Network
Here are 7 Blast network projects to consider investing in today:
- Renzo Restaked ETH (EZETH) – Large-cap Blast project offering decentralized re-staking tools and instant liquidity
- USDB (USDB) – Earn high staking yields of up to 15% without volatility and price speculation
- Juice Finance (JUICE) – Decentralized finance platform offering 300% purchasing power to Blast network users
- PacMoon (PAC) – Community-centric token helping to increase use cases within the Blast ecosystem
- Blast Pepe (BEPE) – One of the first meme coins on the Blast network, FDMC of just $20 million
- Zaibot (ZAI) – Zone artificial intelligence meets crypto with revenue sharing and token tracking
- SwapBlast Finance Token (SBF) – Up-and-coming decentralized exchange for trading Blast network tokens
A Closer Look at the Top Blast Ecosystem Tokens
We’ll now explain how the leading Blast network crypto coins work. Read on to choose the most suitable Blast projects for your portfolio.
1. Renzo Restaked ETH (EZETH) – Large-Cap Blast Project Offering Decentralized Re-Staking Tools
The first Blast network project to consider is Renzo. It specializes in ETH re-staking in collaboration with the EigenLayer ecosystem. EigenLayer is a decentralized finance initiative that simplifies the staking process. The ETH re-staking concept takes crypto staking strategies to the next level.
After staking ETH on the Renzo platform users receive an equivalent number of EZETH tokens. This means users have access to liquidity while earning passive ETH rewards. The Renzo staking protocol is backed by ETH. As such, the value of EZETH is pegged to ETH 1:1. Therefore, the upside potential of EZETH aligns with Etheruem’s performance.
However, opting for EZETH can yield a higher return on investment when factoring in staking rewards. This is because Renzo offers more competitive APYs than the Ethereum network. The APY can increase further when putting the EZETH liquidity to good use. Renzo Restaked ETH has a market capitalization of over $3 billion, making it one of the largest on the Blast network.
2. USDB (USDB) – Earn High Staking Yields of up to 15% Without Volatility and Price Speculation
Next on this list of cryptocurrencies on the Blast network is USDB. This is an algorithmic stablecoin, so there’s no potential for price appreciation. Equally – assuming USDB retains its peg to the US dollar, holders can avoid volatility and price speculation. This means the benefit of buying USDB is the huge yield on offer.
Blast recently increased the staking APY to 15%. This competitive yield is offered in digital T-Bills on the MakerDAO network. It comes with an auto-rebalancing tool to ensure the 1:1 peg is maintained. However, just remember that Terra USD also leveraged algorithmic principles – the stablecoin is now worth a small fraction of a dollar.
Therefore, USDB isn’t risk-free, especially when considering the 15% yield available. In terms of valuation, USDB has a market capitalization of just under $330 million. This will increase as new holders enter the market. Trading volumes are relatively small, with just $43 million worth of USDB changing hands in the last 24 hours.
3. Juice Finance (JUICE) – Decentralized Finance Platform Offering 300% Leverage to Blast Network Users
Juice Finance is also one of the best projects on the Blast network. This is an up-and-coming decentralized finance platform for the Blast ecosystem. It specializes in decentralized ‘Point Farming’. In simple terms, this concept enables users to increase their purchasing power. First, users must deposit ETH into the Juice Finance platform.
The user receives up to 300% of the deposited amount in USDB. The USDB can be used on other crypto ventures within the Blast framework. However, the specific USDB received depends on how many Blast ‘Points’ are earned. Points are accumulated by contributing to the Blast ecosystem. For example, by buying and selling tokens, providing liquidity, or making wallet transfers.
JUICE is one of the newest Blast tokens, having launched in late March 2024. It currently trades 43% below its initial listing price of $0.1588. JUICE is listed on decentralized exchanges like Thruster and MonoSwap. It’s also available on HTX and Gate.io. Juice Finance has a fully diluted market capitalization of $90 million, meaning the upside potential is huge.
4. PacMoon (PAC) – Community-Centric Token Helping to Increase Use Cases Within the Blast Ecosystem
PacMoon is next on this list of Blast network tokens. It claims to be the ‘community coin’ of Blast, although the network hasn’t officially endorsed the project. Nonetheless, PacMoon aims to increase use cases within the broader Blast ecosystem. It’s currently inviting developers to its platform; those contributing are incentivized with PAC tokens.
The PacMoon community – including casual holders, can also take part in the incentive model. For example, those liking PacMoon tweets will receive points. PacMoon states that points can be redeemed for PAC tokens at a later date. In terms of price performance, PacMoon was launched on April 15th, 2024 at $0.07655.
It currently trades 8% below its initial price. That said, PAC tokens have increased by over 30% in the prior 24 hours. This shows that momentum is strong. PacMoon has a market capitalization of almost $19 million. However, just 27% of the total supply is circulating. This translates to a fully diluted valuation of about $70 million.
5. Blast Pepe (BEPE) – One of the First Meme Coins on the Blast Network, FDMC of Just $20 Million
One of the best meme coins on the Blast network is Blast Pepe. Launched in March 2024, it’s one of the original meme projects to adopt the Blast standard. The total supply is 100 billion BEPE; 100% has been issued to the circulating supply. What’s more, Blast Pepe claims to have burned its liquidity pool.
This vastly reduces the risks of being rug-pulled. While Blast Pepe has no use cases or utility, the project will be launching B404 NFTs in the near future. This is the NFT standard for the Blast network. All that said, Blast Pepe is a high-risk investment. It has a market capitalization of under $690,000.
This means BEPE tokens witness huge volatility levels. There’s also a lack of sufficient liquidity in the market. In terms of performance, Blast Pepe is trading 30% below its initial listing price. Since hitting an all-time high of $0.00008047, Blast Pepe has declined by 90%. Based on current prices, Blast Pepe has a market capitalization of just $20 million.
6. Zaibot (ZAI) – Zone Artificial Intelligence Meets Crypto With Revenue Sharing and Token Tracking
Zaibot claims to be the “Vanguard of AI Bots”. This Blast network project is leveraging zone artificial intelligence to help its community stay ahead of the crypto markets. It offers various tools to help maximize gains – including an AI-backed token tracker. This reveals the best micro-cap crypto tokens to invest in before they explode.
Zaibot also offers a ‘Trending Boost’ feature. This raises ETH from the Zaibot community, which is then used to boost pre-agreed tokens on pricing channels. For instance, CoinMarketCap, DexScreener, or Bird Eye – depending on how much is raised. Zaibot also offers a revenue-sharing program. Those contributing to the Zaibot ecosystem receive tokenized rewards.
There’s also a referral program with additional earning opportunities. Zaibot’s native token, ZAI, was launched in March 2024. It currently trades with a nano-cap valuation of $1.2 million. However, this increases to almost $25 million when factoring in the fully diluted supply. ZAI trades almost 60% below all-time highs.
7. SwapBlast Finance Token (SBF) – Up-and-Coming Decentralized Exchange for Trading Blast Network Tokens
SwapBlast Finance Token is an up-and-coming exchange for trading Blast ecosystem tokens. While it aims to become one of the best decentralized exchanges, SwapBlast has a long way to go. Currently, the exchange has just over $487,000 in total value locked. Trading volumes in the prior 24 hours were just under $25,000.
Nonetheless, the broader Blast narrative is still nascent, so SwapBlast Finance Token is still worth considering. In addition to decentralized token swaps, SwapBlast also offers yield services. This includes liquidity provision, with rewards earned in SBF tokens. The exchange also supports staking tools, market analytics, and a decentralized lottery game.
SwapBlast Finance Token isn’t currently listed on CoinMarketCap, so SBF pricing data is taken from CoinGecko. SBF tokens have a fully diluted valuation of just over $192,000. What’s more, the total supply is just 4 million SBF. Even so, SwapBlast Finance Token is up 23% since launching in March 2024.
What is the Blast Layer-2 Network?
At its core, Blast is a layer 2 network for the Ethereum blockchain. Similar to Base, Arbitrum, Polygon, and Optimism, Blast helps the Ethereum ecosystem increase efficiency levels, including greater scalability. For instance, while Ethereum has completed its merge to proof-of-stake, it still processes under 30 transactions per second.
Moreover, high fees continue to hinder the Ethereum experience. As such, the Ethereum ecosystem is turning to layer 2 networks like Blast. In doing so, fees are reduced, and transaction throughput is increased. This ensures that ERC-20 projects operate viable business models. Otherwise, each smart contract movement further contributes to network overload.
In addition, the Blast network claims to be the only layer 2 project offering native yields on ETH and stablecoins. The latter includes APYs of up to 15% on USDB, an algorithmic stablecoin pegged to the US dollar. Blast also offers re-staking services via Renzo Restaked ETH, providing real-time liquidity to investors.
However, in its current form, Blast is one of the smallest layer 2 networks. According to CoinGecko data, the total value locked of all Blast projects is just $1.5 billion. In contrast, more than $55 billion is locked on the Ethereum network. Moreover, very few projects have opted to build on Blast. That said, Blast’s mainnet only went live in February 2024 – so it’s still brand new.
Why Invest in Blast Network Crypto Projects?
Blast network coins operate in a growing yet nascent marketplace. There is no knowing whether the Blast ecosystem will take off, especially considering how much competition there is in the layer 2 space. That said, the Blast mainnet is less than two months old, so investors can secure a first-mover advantage at rock-bottom prices.
Let’s take a closer look at the investment thesis.
Layer 2 Networks are the Short-to-Medium Term Solution for Ethereum
In its current form, the Ethereum network is expensive – especially when deploying smart contract movements. It’s also unable to scale, meaning it can’t handle the required transaction throughput. While the long-term plan is to handle more than 100,000 transactions per second at near-zero fees, Ethereum is a long way away from these objectives.
As such, the solution – at least in the short-to-medium term, is layer 2 networks. They enable Ethereum smart contracts to initially process transactions off-chain. This reduces the network overload and vastly reduces fees. As a prominent layer 2 solution, Blast will be competing for a slice of the market.
This means Blast has real-world utility; it offers value to ERC-20 projects processing transactions through its network. However, competition in the layer 2 marketplace is fierce. As mentioned, some of the leading contenders are Polygon, Arbitrum, and Optimism.
Coinbase has also entered the market with the Base network. You can read more about the best Base chain meme coins here. Ultimately, only time will tell how Ethereum-based projects take to Blast. It must offer faster, cheaper, and more scalable transactions than other market players.
The Blast Mainnet Only Launched in February 2024
Blast is the newest layer 2 solution in the market. As mentioned, the mainnet launch only took place in February 2024. This means investing in Blast network crypto coins today offers a first-mover advantage. This could lead to substantial growth if and when the network takes off,
The same concept was seen with other layer 2 networks. For example, some of the most recognized tokens on the Base network are Brett, Toshi, and Mochi. These tokens were some of the first to launch when Base went live in mid-2023. Early backers are now looking at significant growth. Therefore, buying Blast network tokens early could offer a similar outcome.
Most Crypto Coins on Blast Network are Micro-Caps
Very few tokens have been built on the Blast network. The majority of existing market entrants are micro-cap projects. This means investors can target a sizable upside. For instance, we mentioned that Juice Finance is one of the first decentralized finance platforms in the Blast ecosystem. Even so, it has a fully diluted market capitalization of just $90 million.
Similarly, SwapBlast Finance Token – which offers decentralized swapping services for Blast tokens, has a fully diluted valuation of just $192,000. These minute valuations offer a realistic chance of finding the next 1000x crypto. Conversely, the risks are also sky-high, so ensure your Blast portfolio is well diversified.
Conclusion
In summary, Blast is one of the newest layer 2 solutions for Ethereum; the mainnet launched as recently as February 2024. This means the Blast ecosystem is brand-new, allowing investors to secure an early advantage.
However, Blast is competing with established layer 2’s like Arbitrum and Polygon. This means Blast network tokens operate in an already crowded space. Diversification is the best approach should you want to invest in this marketplace.
FAQs
What is Blast in crypto?
Blast is a layer 2 network for the Ethereum ecosystem, allowing ERC-20 smart contracts to reduce fees and increase scalability. Similar to other layer 2’s, Blast enables third-party projects to build on its network.
What are the best crypto projects on the Blast network?
Some of the best projects on the Blast network include Renzo Restaked ETH, USDB, Juice Finance, and PacMoon. Speculative traders might also consider Blast Pepe, Zaibot, and SwapBlast Finance Token.
References
- About Blast: Documentation (Blast)
- Blast Blockchain (CoinGecko)
- Top Blast Ecosystem Tokens by Market Capitalization (CoinMarketCap)
- TerraUSD Collapse Will ‘Probably be the End’ of Most Algorithmic Stablecoins, Crypto Exec says (CNBC)
- Ether Prices Spike on Hopes of an ETF — But the SEC Signals That’s Less Clear Cut Than Bitcoin (CNBC)
About the Author
Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides, exchange and wallet reviews, and covers new crypto projects for Cryptonews.com. His expertise includes asset valuation, portfolio management, and financial crime prevention. Pepi holds a Bachelor’s in Finance, a Master’s in Financial Crime, and is pursuing a Doctorate in money laundering in crypto and blockchain. Connect with Kane on LinkedIn.
About Cryptonews
At Cryptonews, we aim to provide a comprehensive and objective perspective on the cryptocurrency market, empowering our readers to make informed decisions in this ever-evolving landscape.
Our editorial team, comprised of more than 20 professionals in the crypto space, works diligently to uphold the highest standards of journalism and ethics. We follow strict editorial guidelines to ensure the integrity and credibility of our content.
Whether you’re seeking breaking news, expert opinions, educational resources, or market insights, Cryptonews.com is your go-to destination for all things crypto since 2017.
News
Top 5 Crypto Pre-Sales for August 2024
Have you heard about cryptocurrencies in 2011? Was Bitcoin so popular back then? Well, yes, some forward-thinking people saw its potential early and invested in BTC back then. Investors were skeptical about this new financial element; however, many took the risk and invested what they could risk in the cryptocurrency market.
Going through the list of top presales, we have identified and studied five of the main candidates that can change the game on the trading charts. These new opportunities promise the best returns and a great chance to buy tokens at affordable prices. While 5thScape is at the top of our recommendation, projects like DarkLume and Artemis Coin are pioneers in their respective categories.
Top 5 Crypto Pre-Sales to Add to Your Watchlist in 2024
Below we present the top five cryptocurrency pre-sales that you should consider adding to your investment watchlist.
- 5th Landscape (5SCAPE) – King of digital VR gaming with AR/VR elements
- Dark light (DLUME) – Virtual Metaverse for Social Exploration
- SpacePay (SPY) – Versatile Financial Payment Gateway for Seamless Transactions
- EarthMeta (EMT) – Replicating our planet on a virtual platform
- Artemis Coin (ARTMS) – NFT Marketplace for Digital Real Estate Investment
In-Depth Review: The Best Crypto Pre-Sales of 2024
Now, let’s take a closer look at these pre-sale events and how they can help investors make significant profits this year.
5th Landscape (5SCAPE)
The 5thScape project combines emerging technology using the fundamentals of virtual and augmented reality on the Ethereum platform using its native currency as 5SCAPE. Users of the token experience increased security and interactive gameplay in the digital space.
Here are the potential reasons why investors are admiring the 5thScape ecosystem:
Immersive Gameplay: With over five game titles, the platform is ready to amaze the audience with games ranging from archery, sports, battle and high-speed racing.
Innovative VR Content: 5thScape’s progress in the crypto-gaming space will contribute to the development of educational resources and other VR content on the website.
Motion Control Gadgets: This project is working hard to introduce VR devices such as headsets and gaming chairs with precise controls and high-resolution soundscapes to achieve the best immersive feeling while exploring the ecosystem.
Practical utility: 5SCAPE tokens stimulate participation in various activities and convert the ecosystem into economic value for investors.
Staking Opportunities: Acquiring 5SCAPE tokens after listing on exchanges can generate higher earnings
Free Giveaways and Prizes: The distribution of free coins and VR subscriptions attract investors.
Visit 5thScape for more details>>
Dark Light (DLUME)
We just saw how 5thScape captures investors with its AR/VR digital landscape. DarkLume works on similar VR principles but has a completely new VR metaverse. Its presale is about to hit the $1 million mark and simultaneously increase fund inflows.
What are the specifics that allow DarkLume to lead the metaverse industry?
Native currency: The project has DLUME as a digital currency that can be used for in-game purchases or upgrades. These utility tokens also give their holders the right to vote on the development and expansion of the project.
Benefits of staking: Investors who want to hold and earn from this currency expect to multiply their funds after the stock market listing.
Exploratory Metaverse: Once you enter this world, there is no turning back. There are so many opportunities to find recreational activities and relieve stress. Walking through lush landscapes and stargazing at night can be a memorable experience. If you are a party animal, DarkLume’s virtual discos and clubs will win you over.
Visit DarkLume for more details>>
Payment for space (SPY)
Traditional financial setups face many challenges in daily transactions and are also expensive. To solve these concerns, Maxwell Bunting founded SpacePay by combining cryptocurrency payments and blockchain technology. The London-based startup makes online shopping and payments more seamless by integrating its network with existing card terminals, allowing users to make payments in any digital currency. Merchants can choose to receive payments in conventional currency without having to pay exorbitantly.
SpacePay has designed a user-friendly and convenient interface that supports over 325 crypto wallets. SPY, the native token of this platform, serves to enable all transactions within its ecosystem. Tokens can also be used to generate passive income through staking and additional community rewards.
EarthMeta (EMT)
EarthMeta is a virtual metaverse created to replicate our planet, Earth. It is listed as one of the best crypto pre-sales of 2024, with a focus on creating new NFT platforms and virtual assets in premium cities. The startup encourages users to own and govern virtual landscapes.
Cities are then further broken down into smaller assets such as landmarks, buildings, monuments, parks, schools, and more. NFTs can now be bought and sold in the project’s marketplace. Governors are eligible to earn 1% fees per transaction within their city. EMT token holders can also generate more at once with custom API integrations and participation in DAO activities.
Artemis (ARTMS)
Today we have covered a number of financial projects that you can consider along with 5thScape, the most promising VR coins of the decade. Artemis (ARTMS) is a financial platform that allows investors to transact and trade using its digital asset, ARTMS. Users can also lend, borrow, stake, save, and generate rewards from yield farming.
The project is about to enter Phase 4 of development which will see the launch of the Artemis Crypto System. This system is customized to facilitate a large number of secure and transparent crypto transactions. Cryptocurrency enthusiasts and professional entities can buy and sell products such as smartphones, bicycles and internet services using crypto payments. Early investors have great advantages until the project is available at a discounted price in the pre-sale.
Read this before investing in the next cryptocurrency market
Experienced investors know the factors to consider before investing in this dynamic market. Here are some points that beginners should remember before securing a position in the cryptocurrency universe.
- It is essential to verify the project details and the founders.
- Read and understand the whitepaper for all the technical information about the ICO, the roadmap and the mission of the project.
- The project roadmap will provide greater clarity on milestones and results achieved.
- Review the fundamentals of the new technologies involved in the development of the platform.
- Before investing in any cryptocurrency, carefully evaluate the benefits and risks to avoid losses and build a profitable portfolio.
Conclusion
5thScape ICO Offers Tokens at Deeply Discounted Prices. Once the presale is over, the token price will skyrocket 434% from the first round and promise 600x returns to early investors. Who wouldn’t want to be part of an innovative and growing VR ecosystem? Check your details, review all the documents and start investing in 5thScape now.
Time flies, and so does the $100,000 prize.
News
Best Upcoming Cryptocurrencies for Long-Term Profits: Turn $100 Into $1000 With These Picks
Have you ever wondered how much return Bitcoin has given to investors who bought this gold cryptocurrency a decade ago? In 2014, Bitcoin reached its significant milestone of $1,000 in the first month. Currently, it is trading at around $64k, which is an astonishing 6300% increase in the span of 10 years. No stock, no ETF could ever give you such monumental returns. This simply proves that the cryptocurrency market turns your dreams of investment returns into reality.
While the established giants are not giving so much returns now, the ball is in the court of upcoming cryptocurrencies that are based on the development of projects to provide up to 1000x returns in the near future. In this article, we will explore 5 upcoming cryptocurrencies for long-term earnings that can turn your $100 into $1000 – the only key is strategic investing with a lot of patience!
Best Upcoming Cryptocurrencies For Long Term Profits
Below we list the top 5 cryptocurrencies for long-term gains, which are set to give you returns of up to 1000 times in the coming times.
- 5th Landscape (5LANDSCAPE)
- Dark light (DISGUST)
- BlockDAG (BDAG)
- eTukTuk (TUK)
- WienerAI (WAI)
Take a deeper look at the background of these 5 upcoming cryptocurrencies for long-term gains and see why they could be viable options for your cryptocurrency portfolio.
1. 5° Landscape (5SCAPE)
5thScape is changing the face of entertainment by merging augmented and virtual reality with blockchain technology, offering a VR content ecosystem unlike any other destination on the internet. Its native token, 5SCAPE, is the cornerstone of this innovative ecosystem. With a limited supply of 5.21 billion tokens, 5SCAPE offers early investors a unique opportunity to participate in the growth of a potentially transformative platform.
Combining the immersive experiences of VR technology with a cryptocurrency that has a real-world use case, 5thScape presents a compelling investment proposition. The project’s focus on providing unparalleled user experiences, coupled with its potential to generate substantial returns, makes 5SCAPE an ideal new cryptocurrency to have in your portfolio for long-term gains.
Click here to invest in 5thScape today >>
2. DarkLume (DLUME)
DarkLume is a meticulously crafted metaverse where users can experience a lavish digital lifestyle. At its core is the DLUME token, the currency that powers this virtual economy. By owning DLUME, users gain access to exclusive experiences, from owning virtual properties to attending high-society events and hosting virtual celebrations with their friends.
The metaverse is divided into virtual countries, each with its own citizenship requirements. To become a citizen, users must possess a specific amount of DLUME. Maintaining citizenship involves paying taxes in DLUME and creating a sense of community and responsibility among users.
Unlike other metaverse platforms that are limited to digital interactions only, DarkLume offers a wide range of activities, from leisure and entertainment to social interactions and exciting experiences. The platform’s focus on luxury ensures that every aspect of the metaverse is designed to exceed expectations. As DarkLume continues to grow, its DLUME token is expected to be in high demand. The metaverse concept is supported by renowned names such as Mark Zuckerberg and Satya Nadella. As it is the future of immersive socialization, the DLUME token is expected to appreciate in value over time.
Explore DarkLume’s website to learn more
3. BlockDAG (BDAG)
BlockDAG is an innovative blockchain platform that uses a Directed Acyclic Graph (DAG) structure together with blockchain technology to offer fast transaction speeds, lower fees, and better scalability.
Unlike traditional blockchains that process transactions sequentially, BlockDAG processes them in parallel, which allows it to handle a much higher transaction volume. This approach makes BlockDAG an ideal platform for applications that require high throughput and low latency, such as DeFi, gaming, and IoT. Its presale has been a great success so far, and BlockDAG’s adaptability may be an optimistic sign for early investors in the BDAG token.
4. eTukTuk (TUK)
eTukTuk is a new leading crypto project that combines sustainable transportation with blockchain technology. Its main goal is to electrify the famous “tuk-tuk” industry, reducing carbon emissions that cause environmental damage while creating a thriving ecosystem. Its TUK token powers the entire platform.
One of the most notable features of eTukTuk is its Play-to-Earn (P2E) gameplay. Players can earn TUK tokens by completing challenges and missions in the game. This gamified approach not only makes the platform engaging but also incentivizes user participation in building the eTukTuk ecosystem. The primary utility of the TUK token is as a mode of payment for tuk-tuk drivers who use EV charging stations for their vehicles installed across Sri Lanka. The project will soon expand to other countries.
Overall, the value proposition of the TUK crypto token is strengthened by its utility within the platform. It can be used to purchase electric tuk-tuks, charge them at the network’s charging stations, and access various platform services. As eTukTuk adoption grows, demand for TUK tokens is expected to increase, potentially resulting in significant appreciation in the token’s value.
5. WienerAI (WAI)
WienerAI is a new blockchain-based platform that uses next-generation artificial intelligence (AI) technology to transform the cryptocurrency trading space. Its flagship product is an AI trading bot (with a sausage-themed mascot) designed to analyze market trends, identify potential opportunities, and execute trades with zero errors. With the power of AI, WienerAI provides users with a market edge in the complex and dynamic world of investing.
The platform’s native WAI token is a digital asset that underpins the entire ecosystem. Token holders can enjoy various benefits, including discounted trading fees, priority access to new features, and even a share of the platform’s profits. As WienerAI gains traction and its AI trading bot proves successful, the continued flow of demand for the WAI token will fuel its price.
Final Thoughts: Best Cryptocurrencies for Long-Term Profits
Each cryptocurrency project explored in this article brings a unique and innovative perspective to the blockchain industry. From the immersive worlds of 5thScape and DarkLume to the efficiency gains of BlockDAG and the sustainability focus of eTukTuk, not to mention WienerAI’s AI-powered trading bot with a new approach to investing, these projects are pushing the boundaries of what’s possible with blockchain technology.
While all of these projects are promising, 5thScape and DarkLume stand out as particularly interesting investment opportunities. The combination of 5thScape’s robust VR ecosystem tokenomics and unique AR/VR offeringstogether with the fantasy world of the DarkLume metaversehas the potential to appeal to a wide range of investors who may be entertainment lovers, not just cryptocurrency enthusiasts. Given their current presale stages, acquiring 5SCAPE and DLUME tokens at these early-bird prices could prove to be a strategic move for those seeking substantial returns.
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on the information presented in this article.
News
Avalanche Predicts ‘Most Bullish Unlock’ in Broader Market $1 Billion in Token Release
Token Unlocks data shows that several crypto projects:AvalancheWormhole, Aptos, SandboxArbitrum, Optimism and others are set to unlock around $1 billion worth of tokens in August.
Approximately $260 million will be allocated in the first three days of the month.
Crypto projects often schedule token unlocks to control the asset supply and prevent market oversaturation. This gradual release helps avoid significant sell-offs by early investors or team members who hold large amounts of crypto assets.
Wormhole and Avalanche to Release Over $400 Million in Tokens
The biggest news this month will be Wormhole and Avalanche.
On August 3rd, Hole in the walla cross-chain messaging protocol, will release 600 million tokens worth $151.67 million, or 33.33% of its circulating supply.
Avalanche will follow on August 20, unlocking 9.54 million AVAX tokens worth approximately $251 million, or 2.42% of its circulating supply.
The Token Unlocks dashboard shows that 4.5 million AVAX, worth $118.53 million, will go to the Avalanche team, 2.25 million AVAX, worth $59.27 million, will go to strategic partners, and the remainder will go to the Foundation and as an airdrop.
Farid Rached, former head of ecosystem growth at Avalanche, underlined that this planned unlock would be the most bullish in its history because “it is the last big step for the team and public/private investors.”
Other important unlocks
Sui, a layer 1 network, will unlock 64 million tokens worth $50 million, or 2.56% of its circulating supply, on August 1.
Similarly, decentralized exchange dYdX will issue 8.33 million tokens worth nearly $11 million, or 3.65% of its circulating supply. These tokens will be distributed to investors, founders, staff, and future employees.
Aptos will unlock 11.31 million APT tokens worth $74.64 million on August 12. These will be allocated to the Aptos community, top contributors, the foundation, and investors, with top contributors receiving the largest share: 3.96 million APT worth $26 million.
On August 14, Sandbox will release 205.6 million SAND tokens worth $66.75 million. This issuance will be split between the team, advisors, and a corporate reserve.
Finally, Ethereum’s layer 2 networks Referee AND Optimism will collectively unlock over $110 million worth of tokens by August 16 and 31, respectively.
Mentioned in this article
Latest Alpha Market Report
News
Big Tech Beats Bitcoin (BTC) as Trump’s Trade Cancellation Weakens Token
Bitcoin has failed to join the cross-asset rally fueled by dovish comments from the Federal Reserve, as the tight US election race casts doubt on Donald Trump’s ability to implement his pro-cryptocurrency agenda.
The digital asset slipped 2.4% on Wednesday, tracking a Fed-fueled surge in an index of the Magnificent Seven large-cap tech stocks by one of the widest margins in 2024. The token fell further on Thursday, changing hands at $63,750 by 6:10 a.m. in London.
-
Videos5 months ago
Money is broke!! The truth about our financial system!
-
News5 months ago
More Crypto AI Alliances Emerge Following $7.5 Billion Token Merger — TradingView News
-
Altcoins5 months ago
Render vs. Theta; Which DePIN Altcoin to buy in May
-
News5 months ago
Over 1 million new tokens launched since April
-
Videos5 months ago
Fantom: Potential FTM Price and BIG Updates – The Latest!!
-
NFTs5 months ago
Surprisingly, Bored Apes is now laying off employees as the NFT market disintegrates
-
Videos5 months ago
Recession soon?? What this means for you and your wallet!!
-
Memecoins5 months ago
When memecoins reign supreme in the ecosystem!
-
Videos4 months ago
Crypto News: ETH ETFs, Pro-Crypto Politics, UNI, DOGE & MORE!
-
NFTs5 months ago
Solana NFTs jump 30% in 24 hours: what’s behind the increase?
-
Memecoins4 months ago
ChatGPT Analytics That Will Work Better in 2024
-
NFTs5 months ago
Trump endorses Bible line – after selling shoes, NFTs and more