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The current upward trends and positive market outlook have resulted in significant profits for smart investors. Moreover, the Altcoin market has increased significantly, especially in the areas of AI, gaming and meme coins. As such, investors are actively looking for coins within these sectors to take advantage of the coming rally.
Emerging tokens and presales are attracting investor interest by promising impressive growth potential. This review takes a closer look at their use cases, performance metrics, and notable developments in these coin markets.
New cryptocurrency releases, listings and pre-sales today
As Bitcoin Minetrix progresses through the remaining ten phases, its adoption continues to increase, with the current phase 30 having collected over $11.9 million. At the same time, Bitcoin has crossed the $70,000 mark, setting a new record to end the week. Additionally, new releases have appeared on exchanges such as Coinmarketcap and MECX.
1. Meme Kombat (MK)
Meme Kombat has emerged as a standout candidate after its successful ICO and subsequent launch. In the last day alone, the project saw a remarkable increase of 38%, indicating strong investor interest. During the pre-sale phase, Meme Kombat has collected more than $10 million, underscoring its growth potential.
Initially priced at $0.291, Meme Kombat quickly rose to an all-time high of $0.742, marking a remarkable bull rally of over 150%. This rise put it in the top ten hot pairs on Dextools, reflecting its increasing popularity among traders.
Currently valued at $0.52 with a market cap of $57 million, Meme Kombat is gearing up for the highly anticipated launch of Season 1. That’s why investors are eagerly awaiting the virtual battle with popular meme characters like Doge, Floki, and Pepe. The countdown to the launch is intensifying with just three days to go, adding to the excitement among fans.
Furthermore, Meme Kombat offers attractive gaming features and passive income opportunities through staking, with an impressive annualized return (APY) of 82%. Meanwhile, large investors known as whales are actively acquiring substantial MK tokens. In particular, recent transactions reached $172,373 from a single wallet address.
What a week this has been $MK fam????
We still have 3 full days left before Season 1 begins, so brace yourself and enjoy the rest while it lasts because Kombat is coming⚔️ pic.twitter.com/qX2guB2jEz
— Meme Kombat (@Meme_Kombat) March 7, 2024
Meme Kombat stands out for its concept and brings together the best meme coins in a competitive arena where participants bet on battle results. Furthermore, its unique appeal has resonated widely within the meme coin community, as evidenced by its successful launch with significant price increases.
Forecasts suggest that the $MK token could reach a price of up to $0.7 by the end of 2024. The expected crypto bull market in 2025 is an important catalyst for further growth. Meanwhile, Meme Kombat’s integration of play-to-earn (P2E) elements and expanding its online presence could position the company for greater success.
2. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix introduces a new solution aimed at redefining the mining sector. Using smart contracts on the Ethereum platform, the project introduces its innovative Stake-to-Mine mechanism, designed to overcome the limitations of traditional cloud mining.
Furthermore, the pre-sale successfully raised $11.9 million, with each token priced at $0.0138. Investors have staked 720,573,659 BTCMTX tokens, yielding an estimated annual reward rate of 58%.
In Phase 30 of the presale, investors can earn 158.5 rewards per ETH block, with only ten phases remaining. The next expected price rally in three days offers investors the opportunity to take advantage of the current valuation.
In addition, phase 2 of the project focuses on developing the platform and setting up facilities, including creating mobile and desktop software. Moreover, Bitcoin Minetrix is looking to expand its team and negotiate with major cloud mining conglomerates. The goal is to improve the Stake-to-Mine contract and secure additional listings on various cryptocurrency exchanges.
Only 3 days left until stage 30 of #BitcoinMinetrix concludes!
How does mining hardware latency affect mining efficiency? ???? pic.twitter.com/Rb8sPXxERW
— Bitcoinminetrix (@bitcoinminetrix) March 8, 2024
Bitcoin Minetrix is moving into Phase 3 and plans to publicly launch its Stake-to-Mine platform, marking a major milestone in its development journey. This phase will also witness the first withdrawal of mined BTC into users’ wallets. In the final stage, Bitcoin Minetrix aims to drive mass adoption of the BTCMTX token through sustained marketing efforts while expanding cloud mining rental services.
Visit Bitcoin Minetrix Presale
3. Clipper (SAIL)
Clipper, a decentralized exchange (DEX) tailor-made for blue-chip tokens such as ETH and USD stablecoins, has implemented a new architecture to ensure efficient trading without impermanent loss. Unlike traditional DEXs, Clipper’s liquidity provider (LP) returns are not solely dependent on fees. Instead, they are based on arbitrage strategies that are executed without permission.
This innovative approach allows Clipper to calculate off-chain prices using an advanced formula. This formula includes low-latency price feeds from centralized exchanges and snapshots of on-chain status. By validating prices with on-chain proofs, Clipper can benefit from arbitrage while keeping gas costs low for traders and maintaining permissionlessness.
Clipper’s unique architecture, the Formula Market Maker (FMM), enables off-chain calculations without compromising custody. This ensures efficient returns for LPs and superior prices for traders.
Set sail with SAIL Staking and unlock exclusive rewards for veSAIL holders! ???? Earn passive income while supporting the Clipper ecosystem. In addition, veSAIL holders benefit from additional benefits such as airdrops! Don’t miss your chance to maximize your earnings and be part of… pic.twitter.com/kvTRVqEdko
— Clipper????☠️ (@Clipper_DEX) March 4, 2024
Meanwhile, Clipper is available on Ethereum, Polygon, Optimism, Arbitrum and Mantle Network chains. Moreover, it offers healthy trading prices with sufficient total value (TVL). With approximately $10 million in liquidity (TVL), Clipper offers the best prices on transactions up to $10,000, with potential for further growth.
In a sample survey conducted in August 2023, Clipper outperformed 0x API 92.5% of the time on both legs in a $10,000 USDC to ETH trade. Furthermore, it performed better on at least one stage 99.6% of the time.
4. Orbit protocol (ORBIT)
Recent developments in the crypto space have introduced Orbit. The decentralized liquidity protocol platform enhances Blast Assets’ credit and lending experience. Orbit’s key innovation lies in leveraging Blast’s initial yield to provide more competitive returns for lenders and borrowers than existing protocols.
Moreover, the protocol functions as a money market. In short, it facilitates interactions between lenders looking for additional returns on their assets and borrowers needing collateralized assets. Lenders provide supported Blast assets for a predetermined loan period. In return, they receive Orbit Assets (oAssets), which represent their initial principal and accrued returns.
After the loan period expires, oAssets can be redeemed for principal plus accrued returns, streamlining the return collection process. On the other hand, borrowers can obtain assets by pledging supported Blast assets as collateral, borrowing within the loan-to-value ratio defined in the protocol.
The original return of the lender’s assets and collateral provided is added to the Orbit token. It acts as a medium to bring the future Blast yield value into the present. Orbit tokens are then distributed to lenders and borrowers to subsidize the proceeds.
Job loans @Blast_L2 mainnet just earned $400 million in TVL ???? and over 3000 unique $ORBIT holders
$62.23 million USD in our USDB pool
90.8K ETH in our ETH pool, which is equivalent to $355M USDStart earning liquid $ORBIT on our updated interface https://t.co/04kbHJSXPb pic.twitter.com/AkBiJnx62s
— Orbit Protocol ???? (@OrbitLending) March 8, 2024
Key components of Orbit’s functionality include Orbit Lend and Orbit Borrow, which facilitate borrowing and lending interactions. The protocol uses native yield through value redistribution mechanisms to the present, achieved through the Orbit token.
Significantly, Orbit Lending on @Blast_L2 Mainnet has surpassed $400 million in Total Value Locked (TVL) and boasts over 3,000 unique holders of Orbit tokens ($ORBIT).
The protocol’s USDB pool has reached an impressive $62.23 million, while the ETH pool contains a significant 90.8K ETH, equivalent to $355 million. This performance reflects growing adoption and confidence in Orbit’s innovative approach to lending and borrowing Blast assets.
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New Crypto Mining Platform – Bitcoin Minetrix
- Controlled by Coinsult
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- Native token now on pre-sale – BTCMTX
- Staking Rewards – Over 50% APY
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