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One Million New Tokens Since April: How Crypto Project Founders Rise Above the Noise
Since April 1, the cryptocurrency market has been hit by a tsunami of new tokens. We’re talking about more than a million in less than sixty days. Over 370,000 new tokens have appeared on Ethereum. But Solana stole the show. Over 640,000 new tokens were launched on the platform, most of them meme-tastic creations. What does this wave of new coins mean for developers, project founders and industry CEOs?
What you should know
This is not your grandmother’s cryptocurrency market. This landscape is a meme-fueled roller coaster. Of the 643,000 new tokens launched on Solana, 466,914 were memecoins. Pump.fun, Solana’s memecoin factory, is churning them out faster than a Shiba Inu chasing its own tail. Some of these newly minted tokens are straight pulls.
They just want to survive long enough to cash out and ghost investors who were too lazy to do their research. Don’t let bad actors run away taking your hopes, dreams and hard-earned money with you.
A Dune Analytics dashboard tracks the number of new tokens launched on the Solana-based pump.fun memecoin platform. But
Ethereum does not remain on the sidelines. Its layer 2 blockchain, Base, has become a playground for degenerates creating memecoins at great speed.
With numbers doubling since April, the sheer volume of new tokens means developers, founders and CEOs must prioritize transparency, security and building trust with their communities.
We have been here before. In 2017, when the ICO craze was really breaking out, I reviewed hundreds of projects for one of the top review sites. Most were rubbish. From January to December 2017, the value of BTC increased by 1500%, the largest one-year increase in history.
As bitcoin gained value and legitimacy, trading volumes increased and hundreds of new crypto coins were issued.
The following year 751 crypto coins have become defunct – the highest number of victims of any year. Of these, 390 failed due to lack of trading volume and 237 due to fraud issues. Don’t be the next victim.
I have become stealthy in identifying cryptocurrency winners and losers based on their publicly available information. You don’t have to be Nostradamus to know that most meme projects will crash and burn. A handful will emerge stronger than ever.
These will have a vibrant and engaged community. The token will effectively tap into humor or pop culture and spark virality. Those with long-term sustainability will move beyond hype, trends and shilling. They will boast active development, innovative features, or clear utility within a decentralized application (dApp) or ecosystem. These are the projects that hover above the sea, mostly shit, that ride FOMO and FUD.
Read on for some more information on winning strategies in the Wild West of cryptocurrencies.
Standing out is harder than ever
Project founders and CEOs need to be aware of increasing saturation. With a million new tokens flooding the market, it’s safe to say that competition has never been more intense. Each project requires more attention and investors. Standing out in this crowded market will require exceptional innovation, marketing and community-building strategies.
Now, take this.
The influx of tokens, especially meme coins, suggests a shift in user expectations. Many users now seek entertainment, community, and quick profits alongside traditional investment opportunities. Projects that meet these different needs may be more successful.
Strategies for success
If you’re the founder, developer, or CEO of a project, you need to be prepared to handle intense competition for attention, funding, and user adoption. For me, this requires exceptional innovation, marketing and community building strategies.
Remember that high levels of competition in the space also signal a thriving, dynamic market full of opportunities. To be successful in this crowded field you need to identify niche markets, meet specific user needs, and offer unique value propositions that can lead to success even in a crowded field.
The Gold Rush was a time of intense competition, in which thousands of people flocked to California in hopes of striking it rich. Like the crypto space, it was a crowded field, where everyone was looking for the same valuable asset. But not everyone found gold by digging in the same spot. Some prospectors have found success by venturing into less explored areas, using different techniques, or focusing on providing services to other miners (such as selling tools or supplies).
A professional tip is to focus on differentiation. Whether it’s unique features, innovative technology, or a compelling value proposition, finding ways to stand out is critical in a crowded marketplace.
An effective strategy for project founders to differentiate themselves and achieve long-term success is to build a strong community. This includes tactics to engage with investors, foster trust, and build a loyal following. This community-driven approach not only strengthens a project’s position, but also fosters a sense of shared ownership and purpose among its members.
I have seen the spillovers from retail investors make a project more attractive to institutional investors. It’s a powerful force that can push any project to new heights.
The Bored Ape Yacht Club (BAYC), a collection of 10,000 unique Bored Ape NFTs, is an example of how to successfully build a strong community. This project has implemented several strategies including exclusive benefits, celebrity sponsorship and active social media presence. They continue to share updates and create a sense of togetherness among members.
Creative and effective marketing strategies
Promoting community-driven initiatives aligns with another essential tool in the arsenal of project founders. Creative and effective marketing strategies are essential for projects to stand out from the crowd. Harnessing the power of social media trends, forming strategic partnerships with influencers, and advertising campaigns on cryptocurrency news sites helps founders stay afloat and emerge stronger than ever.
By leveraging these tactics, projects can gain much-needed visibility and traction in an increasingly saturated market.
Shiba Inu (SHIB) is a project that started as a meme coin and has managed to build a huge following and achieve significant market success. I have followed some of their effective marketing approaches. Since its inception, SHIB has leveraged Reddit, Twitter, and Telegram to engage directly with its audience. They focused on community engagement, viral marketing, strategic partnerships and transparency.
Address regulatory challenges
Project founders and CEOs need to stay informed about the latest regulations and compliance measures to ensure their token offerings are fair and legally valid. Regulatory challenges are becoming increasingly complex and can land you in prison. Get expert legal advice and implement rigorous compliance protocols.
These moves are essential steps for projects to thrive in an ever-changing regulatory environment. A proactive approach reduces legal risks and increases trust and credibility with investors and users.
Ripple (XRP) is a great example of a crypto project effectively addressing regulatory challenges. While they face significant obstacles, their overall approach to regulation is a model of resilience and adaptability. They continue to apply a combination of proactive legal advocacy, strategic partnerships and industry advocacy. This is why they are positioned as leaders in the blockchain and crypto space.
Collaborate and network
Strategic partnerships and collaborations can be a game changer for project founders and CEOs. Collaborating with other operators in the sector, networking with investors and connecting with experts are necessary tools to strengthen your position in the market.
This interconnected approach stimulates innovation. It also creates a support ecosystem. Founders are able to build authority and generate organic traffic to their projects. This is a great way to overcome challenges and discover new opportunities in the face of a million new tokens flooding the market.
A great example of a successful crypto project collaborating and networking in the current environment is Polygon (MATIC). This layer 2 (L2) scaling solution focuses on improving scalability and user experience for Ethereum and other blockchain ecosystems. It also collaborates heavily with DeFi, NFT, and gaming projects.
Conclusion
With this recent token explosion, the world of cryptocurrencies is more chaotic (and potentially profitable) than ever. Founders, developers and CEOs must adapt. Be ready to adjust your strategies and tactics to gain a competitive advantage. How can you embrace new technologies like artificial intelligence or machine learning to stay ahead of the curve?
The cryptocurrency market is evolving with this tsunami of tokens as investors are divided into two camps. Will FOMO (fear of missing out) cause your audience to dive headfirst into memecoin craze? Or does FUD (fear, uncertainty and doubt) force your prospects to hold onto Bitcoin and laugh at the memecoin chaos from the sidelines? Do your research and experiment.
Is simple. The future of your project is in your hands. Make it count. Those who can navigate this dynamic, memecoin-filled landscape with innovation, integrity, and adaptability are poised to thrive. The world of cryptocurrencies is constantly evolving. Stay afloat, stay innovative and stay connected.
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.
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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
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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.
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