With the next cryptocurrency bull market just around the corner, investors are scrambling to find the best new cryptocurrencies that can produce the highest returns.
This article introduces seven early-stage projects with the highest potential. We consider factors such as price, token economics, utility, community, etc.
Bitcoin ETF Token
The Bitcoin ETF Token is a new cryptocurrency that rewards holders based on key Bitcoin ETF milestones. The project is currently in the pre-sale phase and has raised over $2 million in just three weeks.
This is a deflationary token that burns 5% of its total supply across five ETF events. This can create scarcity at a time when hype is at its highest, potentially creating mass buying pressure.
The project also imposes a 5% burn tax on each transaction, reducing circulating supply over time. To encourage long-term holding and ensure a smooth, high-potential IEO, taxes are reduced by 1% for each ETF milestone.
Another interesting mechanism is the staking feature, which currently offers 117% APY. Pre-sale buyers can start staking immediately, but they must hurry as rewards will decrease as more tokens are staked.
Users can also browse the latest Bitcoin news and updates on the project website, making it a community hub rather than just a financial tool.
However, the Bitcoin ETF token presale is short-lived with ETF approval rapidly approaching. The project essentially tokenizes Bitcoin’s most influential trends, giving market participants a once-in-a-lifetime opportunity.
combat memes
Meme Kombat is an emerging Play-to-Earn meme coin that combines widespread cryptocurrency gambling trends to leverage multiple audiences in one project.
It has already raised more than $2 million in presales and received endorsements from top industry analysts. One of them is Michael Wrubel. He recently explained to his 310,000 YouTube subscribers why he is optimistic.
The project allows users to gamble on AI-generated meme battles using $MK tokens. It offers a fun, gamified alternative to cryptocurrency casinos, while boasting the convenience and friendly user experience that made casinos famous.
Meme Kombat’s whitepaper states that there will be multiple seasons, each with new characters, battle modes, and rewards. It also features traditional odds mechanisms, providing an immersive and engaging gambling experience.
Its new use cases give it a huge advantage over other meme coins, which are often limited only by hype and speculative demand. Meanwhile, Meme Kombat has the same viral potential while adding utility and staking demand.
Users can stake $MK at 380% APY. To date, over 10 million tokens have been staked and the project has paid out over $2 million in rewards.
The current pre-sale price of Meme Kombat is $0.225, but it is expected to rise to $0.235 within 5 days.
Bitcoin Minetrix
Another new project showing tremendous potential is Bitcoin Minetrix. This cryptocurrency offers innovative use cases that are shaking up the Bitcoin mining industry.
Bitcoin Minetrix allows users to cloud mine BTC by staking $BTCMTX on an Ethereum-based platform. The concept addresses several Bitcoin mining problems and has made Bitcoin Minetrix one of the most popular presales of the year, raising over $4.6 million in two months.
The project allows anyone to mine Bitcoin, regardless of technical background or financial resources. This is because there are no hardware or upfront and overhead requirements. All users need is an Ethereum-compatible wallet and $BTCMTX tokens.
It works by allowing users to stake $BTCMTX in exchange for Bitcoin mining credits, which they can burn with cloud mining power.
The decentralized and user-owned $BTCMTX token eradicates the risk of cloud mining fraud, which previously served as a significant barrier to industry adoption.
Moreover, this token boasts tremendous upside potential in the long term. This is because there will be a steady flow of demand as users demand it for staking. Meanwhile, many tokens are locked for mining and rewards are paid out in mining credits, greatly limiting the selling pressure of $BTCMTX.
Bitcoin Minetrix pre-sale cost is currently $0.0119, but it is expected to increase soon, so investors need to act fast.
TG Casino
TG Casino is a popular cryptocurrency casino that offers anonymous, KYC-free gambling with numerous benefits and cutting-edge token economics.
The casino is available directly on the Telegram application and offers users a convenient and safe way to place bets. It’s also accessible to Telegram’s 1 billion users, who can gamble globally without limits thanks to end-to-end encryption.
Another advantage is strong security, making it one of the only licensed and regulated Telegram-based casinos. The team recently passed a KYC audit and received a full smart contract audit from blockchain security company Coinsult.
There are hundreds of games and sportsbook events that users can gamble on, and $TGC holders enjoy amazing benefits including 25% cashback on losses, free rewards, access to exclusive games and rooms, 182% staking APY, up to 200% I receive it. Rakeback Bonus.
These benefits mean that tokens will be in high demand if casino fares become popular. Despite just launching, TG Casino already boasts over 2,000 active players with $30 million wagered on the platform. This indicates that the future of $TGC token is bright.
Market participants can purchase $TGC pre-sale for $0.17, but they need to be quick as the price will rise in 14 hours.
Gorilla
Gorilla is a newly launched meme coin cross-DeFi ecosystem that offers a unique combination of viral appeal and future financial technology in one cryptocurrency.
Although the project launched in mid-November, it regularly appears on CoinMarketCap’s hot list, showing significant community interest and strong price potential.
It has a market capitalization of $9.8 million, presenting enormous room for growth to catch up with market leaders like Pepe, Shiba Inu, or Dogecoin.
GORILLA price is $0.01382, up 1,061% last week but down 24% today. It is also down 45% from Thursday’s all-time high (ATH) of $0.02414.
Gorilla’s flagship product is the IDO Launchpad, which provides new projects with all the tools they need to launch their tokens. We handle everything from security to marketing to ensure a smooth and successful IDO that benefits your project team and community.
Additionally, a 5% sales tax is charged on IDOs, which is passed back to the Gorilla ecosystem. This presents a sustainable way for Gorilla to grow while providing rewards to its owners.
The project also features a cross-chain swap protocol and innovative peer-to-peer trading application.
pice network
Another new cryptocurrency boasting a strong foundation is the Pyth Network. It is a well-established decentralized oracle provider that currently offers over 230 applications.
According to its website, the project provides reliable and fast “mission-critical” data feeds to blockchain smart contracts.
Even though the project is already well established, the token was launched on November 21 via an airdrop to 90,000 wallets.
The current market capitalization is $591 million, the circulating supply is 15%, and the price is $0.3889. This brings its fully diluted market capitalization (FDV) to $3.9 billion.
FDV is undoubtedly high, but strong use cases, primary partnerships, and improving market conditions support much more upside potential.
PYTH tokens are used for on-chain governance. This means that the holder can make key decisions regarding the future development of the project. This could be a major concern for ecosystem stakeholders.
Pyth has partnered with leading TradFi and cryptocurrency-based institutions to provide price data including Jane Street, Binance, Cboe, CMS, and more.
We currently provide price feeds for over 35 blockchains, and developers can purchase this data on demand through our “data on demand” service.
when
The final new cryptocurrency to watch this year is Kaspa, a pioneering proof-of-work blockchain that leverages new concepts to increase scalability while maintaining decentralization.
Kaspa launched with a fair launch in November 2021, allowing network participants to earn coins through mining, just like Bitcoin. However, it utilizes ‘BlockDAG’ technology, which allows blocks created in parallel to coexist.
This allows the blockchain to maintain a high blocking rate of 1 block per second while maintaining high security and decentralization.
The price has surged recently, up 5.75% today and 162% this month. Its current market capitalization is $2.9 billion, down 12% from ATH.
Many analysts believe Kaspa is the future of blockchain technology. Cryptographer said, “There is no next Caspar,” and inferred that Caspar had been conducting research and development for over 10 years.
The project’s strong performance also recently landed it on CoinMarketCap’s top trends list.
One of the main drivers of Kaspa’s price going forward could be the rising transaction costs on the Bitcoin network. As network activity increases during a bull market, trading becomes much more expensive and investors look for cheaper alternatives.
Considering Kaspa’s complex and pioneering approach to scalability and security, Kaspa could be at the top of the list as a viable Bitcoin alternative.