What Is Cryptocurrency And How Does It Work? - cyptoranking.com

2024-04-19

Popular crypto exchanges(2023 Update) 2024-04-19
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Fireblocks, a crypto safekeeping specialist firm, has stepped in to manage those crypto assets, according to a press release. Bernstein estimates the crypto fund management industry to be around $45-50 billion currently, though it has the ability to be worth over $500 billion of assets in the next five years. What Is Cryptocurrency And How Does It Work?Jones also delved into his views on U.S. stocks during his recent CNBC appearance. Labeling the present era as an especially challenging time for equity investors in the U.S., Jones pointed to the combination of geopolitical uncertainty and the U.S.'s problematic fiscal situation as main deterrents. Rather than hold a fraction of a Bitcoin, investors are often drawn to seek new cryptocurrency coins with a lower market cap and unit price per token, seeking out higher growth potential - a strategy that can pay off but also has many pitfalls.Not every new cryptocurrency asset will succeed in the mid to long term - we’ve analyzed some of the most promising crypto projects in the space based on their performance so far, including some brand-new tokens still at the presale stage with high demand from early investors. Our list of new crypto coins to invest in also spans a variety of niches, from meme coins to eco-friendly projects, gaming tokens and more.Best New Cryptocurrency to Invest in 2023Below is our ranking of the top new crypto coins to buy this year: Bitcoin Minetrix (BTCMTX) - One-of-a-kind cryptocurrency platform that is operating on a stake-to-mine concept. Bitcoin Minetrix will leverage $BTCMTX tokens to tokenize cloud computing to reduce the entry barrier for mining Bitcoin. Over $100K raised within a few hours of presale. Meme Kombat (MK) - Exciting meme coin project that has only just launched its presale and offers unrivaled utility. That not only includes stake-to-earn rewards - with a current APY of 112% - but the Battle Arena, a play-to-earn mode where players are able to wager on the outcomes of battles between characters representing different meme coins.Wall Street Memes (WSM) - New crypto project from the team that founded the successful NFT collection Wall St Bulls. $WSM has raised more than $25 million in its now sold out presale, and has conducted its ICO on OKX - one of the biggest cryptocurrency exchanges in the space. TG.Casino Token (TGC) - Newly launched casino in the rapidly-growing crypto gambling space, with $150,000 raised in its presale just minutes after launching. The platform utilizes Telegram to make sign-up and crypto transfers quick, secure, and anonymous and also offers huge 2,000% APY rewards and a buy-back scheme that makes the supply deflationary and allows stakers to share in casino profits.Launchpad XYZ (LPX) - Web3-powered ecosystem featuring NFT DEX, fractionalized assets marketplace, and custom-built trading terminal. Presale launched April 2023 with more than $1.75 million raised.eTukTuk (TUK) - A new crypto platform offering TukTuk drivers a more sustainable means of transport. Hold $TUK to make payments at charging stations and earn rewards by contributing to the ecosystem - presale now open and $60k raised.Chimpzee (CHIMPZ) - New green cryptocurrency project to protect wildlife and make a positive impact on the environment. Presale launched April 2023 with more than $1.35 million raised.Scorpion Casino (SCORP) - A first-of-its-kind social online gambling platform where users can earn an attractive staking yield worth up to $10,000. $1 million raised in the presale.yPredict (YPRED) - New Cryptocurrency Platform that lets Users access Prediction Models created by Financial Experts. Hold $YPRED tokens to generate passive income and collect rewards - over $3.9 million raised.RizzMonkey (RZZMNKY) - A new meme cryptocurrency, RizzMonkey is priced at $0.000005367 during its second presale round. The token will hike by 16.7% by the time the exchange listing takes place. $100k raised so far.Cogwise (COGW) - This new AI-based token leverages blockchain technology to provide support whilst conducting technical analysis, generating smart contracts, and analyzing crypto wallets. $COGW is priced at $0.010 during the ongoing seed round. Worldcoin (WLD) - A World ID tied to Retina Scans and Blockchain Technology, led by OpenAI’s Sam Altman with the potential to lay a UBI framework. Theta Network (THETA) - Next-gen blockchain for media and entertainment distribution with a dual token system that allows for staking. Immutable (IMX) - Ethereum powered gaming ecosystem with recently released SSO passport for onboarding the next 1 billion people to Web3. Regen Network (REGEN) - Blockchain, registry, and marketplace for an accurate assessment of the environmental impact of economic activities. Some of the new projects above have upcoming ICOs later this year on top tier exchanges.A Closer Look at the Top New Crypto ProjectsCryptocurrencies are volatile and speculative assets. As such, it’s important for investors to familiarize themselves with the tokens on this list of new cryptocurrencies to ensure they suit their goals.With this in mind, we have reviewed each of the new crypto listings we’ve mentioned above:1. Bitcoin Minetrix - Brand New Crypto Project That is Tokenizing Cloud Mining to Offer Passive Income, Over $530K Raised on Presale So FarBitcoin Minetrix ($BTCMTX) is a revolutionary cryptocurrency platform that is making cloud mining simpler and more efficient for users. Through the Bitcoin Minetrix Ethereum-powered smart contract, $BTCMTX token holders can stake their holdings. Token holders will be able to generate passive income and earn cloud mining credits through the staking contract. While these credits are not tradable, they can be burnt on Bitcoin Minetrix to purchase Bitcoin cloud mining power. The Bitcoin Minetrix whitepaper states that users can receive allocated mining times and a percentage-based reward from mining revenues. By tokenizing the cloud mining process, Bitcoin Minetrix has effectively made cloud mining possible without having prior knowledge of cryptos or mining. Furthermore, since Bitcoin Minetrix is using non-tradable ERC-20 tokens as a payment method to reward mining contributors, users have control over their assets. This is different from the usual cloud mining operations, which can often result in scams due to the use of third-party services. This revolutionary new cryptocurrency has just started its presale and has already made a massive impact. In a few hours since the presale launched, Bitcoin Minetrix has raised over $100K. From a 4 billion token supply, 2.8 billion tokens have been allocated for the presale. At press time, $BTCMTX is priced at $0.011 during the first presale round. The price will surge to $0.0119 by the tenth and final presale round. Bitcoin Minetrix wants to raise a $15.6 million soft cap from the presale. Interested investors can get started by making a $10 minimum purchase on the presale. The $BTCMTX token can be swapped with Ethereum (ETH), Tether (USDT), or BNB (BNB). To learn more about this new stake-to-mine cryptocurrency project, join the Bitcoin Minetrix Telegram channel. Presale Started26 Sept 2023Purchase Methods ETH, USDT, BNBChainEthereumMin Investment$10Max InvestmentNoneVisit Bitcoin Minetrix 2. Meme Kombat - Brand New Meme Coin with Wide Utility Including Staking and Wagering in the Battle ArenaThe next crypto on our list is Meme Kombat ($MK), a presale that has only launched this week but is standing out among a crowd of meme coins.The project may be a meme coin but has several notable differences that make it unique in the space.First is its wide range of utility - not only is Meme Kombat a stake-to-earn coin that allows holders to generate an APY, but it also has a play-to-earn element with the Battle Arena.There, players can wager their staked MK tokens on the outcome of battles between characters that represent popular meme coins, such as Pepe and Wojak.The project will use blockchain technology and AI to allow player-vs-player and player-vs-game wagering, with provably fair, transparent, and secure results.As well as the overall outcome of battles, a range of side bets are also on offer, from the first move, specific outcomes, and unique events allowing for nuanced and creative ways to wager and win.The developers - who are doxxed and public-facing, another rarity in the meme space - have adopted a seasonal approach to the game, with the roadmap stating that new seasons will introduce new characters, themes and even game modes.Staking rewards can be accessed during the presale, with buyers able to instantly stake their MK tokens and begin earning an APY, which currently stands at 112%.Meme Kombat has a tiny supply, especially for a meme coin, of just 12 million tokens with 50% of those allocated to the presale, 30% to staking and battle rewards, 10% to DEX liquidity and 10% to community rewards - which includes engagement incentives such as content creation and referrals. Notably there is no team allocation.MK tokens are available for $1.667 with the presale having a hard cap of $10 million. More info and the latest news on the project is available in the Telegram group or the whitepaper.Presale Started21 Sept 2023Purchase Methods ETH, USDT, BNBChainEthereumMin Investment$10Max InvestmentNoneVisit Meme Kombat 3. Wall Street Memes (WSM) - Popular Meme Crypto Raised Over $25 Million on Presale, Recently Listed on the OKX ExchangeWall Street Memes has enjoyed one of the best crypto presales ever, raising over $25 million. Backed by a robust community that spans five social media channels and boasts over a million users, this transition into the crypto domain is poised to make significant ripples in the sector.The hugely-anticipated IEO tookplace on September 26 on tier-1 centralized exchange OKX.The Wall Street Bulls project, known for its unique Ethereum-based collection of 10,000 NFTs, provides exclusive benefits to its community of investors, including access to an Options Market and other NFT collections. This project, which also offers staking, cemented its place in the decentralized world by selling its first NFT collection in 32 minutes. That feat underscores the project's proven track record, increasing confidence in the success of the $WSM token. The community behind Wall Street Memes may be a significant pillar of support, potentially ensuring the project's longevity. The project also offers staking to allow holders to generate a passive income.The platform's popularity is not confined to the community alone. Its extensive influence has drawn engagement from renowned individuals, including even Elon Musk. With the increasing community support, the prospects of the token being listed on top-tier exchanges after the presale are high.As the $WSM presale took off, Wall Street Memes also announced an airdrop celebration. Participation is simple – join the Wall Street Memes Discord channel and follow the team on its other social media.The $WSM token supply has a capped total supply of 2 billion tokens, with the community being the main focus. 50% was kept aside for its presale, 20% for liquidity, and 30% for community rewards.Keep up with this new crypto project by joining the Wall Street Memes Telegram channel.Buy WSM 4. TG.Casino Token - Newly Launched Casino Offering 2,000% APY and Profit-Sharing Rewards with $150k Raised in MinutesTG.Casino Token ($TGC) is another new crypto presale that raced to $150,000 raised just minutes after its $TGC token launched.The token helps power a newly launched crypto casino that utilizes popular messaging app Telegram to enhance the user experience and make it anonymous, secure and instant.Telegram, which has 800 million active global users, can be used to instantly sign up with no KYC verification needed, as well as anonymously and securely transfer crypto between the casino and wallets.The casino is yet to launch but like others in the rapidly-growing space will offer thousands of provably fair slots, traditional table games with virtual and live dealers and a comprehensive sportsbook with pre-game and in-play betting. New TG.Casino players can also get a huge welcome bonus of 150% matched up to $30,000 plus 500 free spins.One of the major reasons TG.Casino Token has quickly caught the attention of whales is because it is a stake-to-earn token offering incredible APY - staking rewards are currently sitting at over 2,000%.Another is its buy-back scheme that allows stakers to share in the casino's profits. Once the token is live, TG.Casino will periodically and systematically buy pack a portion of tokens using casino profits.Of the buy-back, 60% of it will be split among those staking their tokens as a reward, while the other 40% will be instantly burned.As has been seen with the likes of Shiba Inu and Maker, burning can have a huge impact on the price of a token, making it deflationary and increasing its value.There are 100 million TGC tokens in the supply with 40% allocated to the presale, 20% each to the liquidity pool and staking, 10% to the rewards and bonus scheme and 5% each to marketing efforts and affiliates.TGC tokens are currently available for $0.125 and the presale has a $5 million hard cap. More info can be found in the TG.Casino whitepaper or the Telegram channel.Presale Started21 Sept 2023Purchase Methods ETH, USDT, BNBChainEthereumMin Investment$10Max InvestmentNoneVisit TG.Casino 5. Launchpad XYZ (LPX) - Web3-Powered Crypto Ecosystem with Array of Valuable FeaturesAnother new cryptocurrency project that investors may wish to keep an eye on is Launchpad XYZ. Launchpad XYZ is a brand-new presale project built on the Ethereum blockchain that aims to become the “central hub” for all things Web3. Until now, the Web3 ecosystem has been separated and disorganized – yet Launchpad intends to change that.Launchpad XYZ's platform will feature an array of tools and services designed to streamline the process of crypto and NFT investing. For example, Launchpad XYZ users can trade on the built-in decentralized exchange (DEX), purchase pieces of fractionalized assets, and even store their digital assets in Launchpad XYZ Web3 wallet.The project is offering access to an alpha Telegram signals group, which recently returned 7,000% returns on a call for LINQ.In addition to these features, Launchpad XYZ will also have a metaverse experience library, a Play-to-Earn (P2E) game hub, and even a first-of-its-kind NFT DEX. Since all these features will be contained within one platform, users won't need to go anywhere else to maximize their Web3-based activities.At the heart of the Launchpad XYZ ecosystem is LPX – the project’s native utility token. As noted in the Launchpad XYZ whitepaper, LPX will be required for many essential tasks, such as paying exchange fees and listing assets on Launchpad XYZ marketplaces. LPX holders can even stake their tokens to gain exclusive benefits – such as guaranteed access to NFT whitelists and beta P2E game invites.It's important to note that Launchpad XYZ is early in its lifecycle, so investors must be aware that purchasing tokens comes with an element of risk. This is because presale cryptos require funding to fulfill their ambitions, meaning they are often more volatile than alternative crypto assets. However, the silver lining to this is that early investors can put themselves in line to make significant gains if all goes to plan. Investors can now buy Launchpad XYZ tokens through the presale, priced at $0.0445 with more than $1.75 million raised so far.Importantly, Launchpad XYZ presale will feature ten stages with different price points, meaning those who get involved the earliest will receive the lowest price. Investors can keep track of Launchpad XYZ's progress by joining the official Telegram channel.Presale Started25 April 2023Purchase Methods ETH, USDT, Credit CardChainEthereumMin Investment100 LPXMax InvestmentNoneVisit the Launchpad XYZ Presale 6. eTukTuk (TUK) - Sustainable Crypto Platform Creating EV Stations for TukTuk Drivers The next cryptocurrency on our list is $TUK, the native token of eTukTuk, a brand-new eco-friendly project that is about to launch its presale.For the past five years, eTukTuk has been developing a network of charging stations that will help reduce air pollution and carbon emissions. Currently, 270 million TukTuks run on Internal Combustion Engines (ICEs), which leads to more air pollution than cars. As ICEs are becoming obsolete, TukTuk drivers are running out of ways to make a living - eTukTuk’s role is to set up various electric vehicle supply equipment (EVSEs), which will be compatible with zero-emission vehicles (ZEVs). The EVSEs will be set up primarily in developing countries as the country looks to establish its main base in Colombo, Sri Lanka. To reduce manufacturing and operational costs, eTukTuk will use the help of territory partners. Each EVSE will be set up in a designated territory, with the territory partner operating and installing the essential equipment and maintaining the EVSEs. Once these sites are up and running, TukTuk drivers can make payments at the charging stations using $TUK tokens. The territory partners will be rewarded with a commission for each new transaction on the charging stations. Token holders can also engage in power staking - members can stake $TUK to power nodes to maintain the EVSEs. In return, they can earn a potentially high APY (Annual Percentage Yield). The more transactions the charging stations generate, the higher APY a staked member receives. eTukTuk is also based on the Binance Smart Cain, an energy-efficient and scalable network that will help lower the costs for drivers and users. The project has just launched its presale and already raised $60k - go through the eTukTuk whitepaper and join the Telegram channel to keep yourselves updated with this new cryptocurrency platform. Visit eTukTuk 7. Chimpzee - Combining Crypto and Social Investment in 2023The blockchain is a great tool for global coordination. It has changed the way people come together for a common cause. So next on our list is a token that is an excellent crypto as well as a social investment, ingrained in wildlife conservation.Chimpzee is a first-of-its-kind project that allows users to get involved in wildlife conservation and climate change, while earning attractive passive income. The project stands apart with its vibrant incentivization scheme, high-profile partnerships, and three-pillar ecosystem.The three key components of Chimpzee are:The Chimpzee shop: Buy unique Chimpzee merchandise and earn passive income in CHMPZ coins. Each purchase is a display of your support for climate action, as Chimpzee distributes a percentage of profits generated from the platform to charity. Chimpzee NFT Marketplace: Trade and earn your way to a better world with the first platform that shares a portion of trading fee profits with users. It will list environment-focused NFTs on the main page. Zero Tolerance Game: A play-to-earn game that allows you to earn CHMPZ coins and premium prizes. The gameplay is gripping with the potential to penetrate a young demographic. It raises awareness about climate change and encourages them to be a part of the mission.10% of the CHMPZ token supply and a share of the profits are allocated to organizations that align with Chimpzee’s environmental mission, including The Giving Block, One Tree Planted, and the WILD Foundation. The best way into the project is by buying Chimpzee NFT Passports, which give multiple benefits and rewards to holders, in recognition of their financial support. (Diamond and Gold series NFTs come with the highest staking APYs and earning potential). Since they have yet to go live, you can book them early by participating in the ongoing CHMPZ presale. It is one of the most promising cryptocurrencies of 2023, owing to Chimpzee’s high social relevance and scope for mainstream adoption. In addition, CHMPZ tokens used to buy the NFT Passport are burned, thus boosting its value in the open market. More than $1.35m has now been raised in the presale.Presale StartedQ2 2023Purchase Methods ETH, USDT, Credit CardChainEthereumMin InvestmentNoneMax InvestmentNoneVisit Chimpzee Presale Now 8. Scorpion Casino – The Best Social Online Gambling Platform The next cryptocurrency that can bring attractive returns to investors this year is SCORP – the native cryptocurrency of Scorpion Casino. It is a first-of-its-kind social online gambling platform where you can earn daily yield based on the casino's performance.The project accrues daily passive income worth up to $10,000 for users holding SCORP. This is made possible by the integrated distribution system in the smart contract. Its aim is to offer a seamless and fun gaming experience while empowering participants to make an excellent side income. The approach turns gambling into a safe and secure source of income.SCORP is a deflationary token. The automatic burning mechanism on the platform will support the value of the token in the long term. SCORP gives you entry to 30,000 betting opportunities monthly – 210 casino games, 160 live games, and sports events – with a licensed, transparent and provably fair platform. You can also access major leagues like NBA, MLB, NHL, Champions League, Primera Division, Bundesliga, Football World Cup, UFC, Boxing, etc. via the website. Despite being a new project, Scorpion Casino has joined forces with reputed platforms like BetRadar and CoinsPaid and secured a tier-1 exchange listing. That speaks for its credibility and growing foothold in the market. The casino platform is regulated and licensed by the Curacao eGaming licensing entity. The payment options on Scorpion Casino are now limited to cryptocurrencies like Bitcoin, ETH, and BNB. Hopefully, it will integrate fiat payments and expand the list of cryptocurrencies in the near future. The SCORP presale is now live, opening one of the best investment opportunities of 2023. Given that Scorpion is stepping into the fertile global online betting and gambling markets, attractive ROI awaits early investors. (Use the Exclusive Bonus Code Scorpion20 to get 20% extra on your purchase. Available for a limited period only).$1 million has been raised in the presale so far.Presale StartedQ2 2023Purchase Methods BNB, ETH, USDTChainBinance Smart ChainMin Investment$10Max InvestmentNoneVisit the Scorpion Casino Presale 9. yPredict - Crypto Analytics Platform with Newly Launched Presale yPredict is a cryptocurrency ecosystem that aims to help traders make more well-informed trading decisions. Through its crypto analytics and research platform, users can make subscriptions and gain detailed insights on the cryptocurrency space. The subscriptions can be made with $YPRED - the native token of this ecosystem. Along with insights, users can access a prediction marketplace where financial quants and analysts create models determining their future predictions. Each model is verified by the community’s DAO (decentralized autonomous organization), after which it is released to the general public. Through yPredict, users can access sentiment analysis and technical and fundamental insights on various cryptocurrencies. The platform also uses AI tools to offer 25+ chart pattern recognition tools. Holding $YPRED will lead to other benefits in the yPredict ecosystem. Firstly, 10% of all new subscriptions are divided amongst existing token holders. 15% of the swap fees incurred are also distributed to the $YPRED token holders. Users can stake $YPRED to earn a potentially high APY (Annual Percentage Yield) on the ecosystem. Through the Learn 2 Earn feature, traders will be rewarded with tokens for studying new materials and taking online quizzes and assessments. The platform will also introduce a Play-to-Earn (P2E) feature where users can make directional bets on the future of the markets. The top performers can stand a chance to win $YPRED. The project has also announced it is developing a new AI-powered content editing tool.Currently, $YPRED is in round five of its presale phase and has raised over $3.9 million.The token can be purchased for just $0.1 but will jump to $0.12 by the final round - therefore, investors can acquire $YPRED at a 20% discounted price by purchasing the token at current levels. 80 million tokens have been allotted for the presale. If you wish to know more about this cryptocurrency, read the yPredict whitepaper and join the telegram channel. Presale StartedQ1 2023Purchase Methods MATIC, ETH, USDT, BNB, Credit CardChainPolygonMin Investment200 YPREDMax InvestmentNoneVisit yPredict Presale 10. RizzMonkey - New Meme Cryptocurrency will Rise by 16.7% Once it Lists on Exchanges, Currently Priced at $0.000005367 on PresaleRizzMonkey ($RZZMNKY) is the next big meme cryptocurrency that has been released on presale. This new token is a fun project based on the concept of ‘Rizz,’ which is a popular term used to describe one’s ability to pick up people. The $RZZMNKY token does not offer any utility to token holders. However, as many meme coins such as Pepe Coin ($PEPE) have soared recently, $RZZMNKY aims to be the next token to explode. RizzMonkey has a total token supply of 696 billion. 55% of the token supply is being offered across three presale rounds. At press time, $RZZMNKY is priced at $0.000005367 during the second presale stage. 18% of the token supply is available for this stage. By the third and final round, 19% of the token supply will be offered for $0.000006264 per token. After the presale ends, the token will conduct its initial exchange offering (IEO) at $0.00000696. This equates to a 16.7% price jump from current levels. Since the presale launched, RizzMonkey has collected almost $100k. The presale hard cap target is set at more than $2.17 million. 10% of the token supply has been allocated for DEX liquidity, while another 10% will be allocated for CEX liquidity and exchange listings. To stay updated with this cryptocurrency project, read the Rizz Monkey whitepaper and join the Telegram channel. Visit RizzMonkey 11. Cogwise (COGW) - AI-Based Crypto Model Offers Staking Benefits and Technical Support to Crypto Traders, Buy at $0.010 Before the Price Hikes by 550%Cogwise is an AI (Artificial Intelligence) based model which leverages blockchain technology to offer users information on complex crypto-based topics. At the center of the ecosystem is $COGW, the utility token, which provides full access to all the AI tools and features on Cogwise. With this utility token, one can access features such as the CogwiseAI Core. This acts as an AI-personal assistant, automatically responding to prompts that customers submit. To help improve a member’s technical analysis, Cogwise also offers an AI trading assistant. The platform can detect trends by studying chart patterns and analyzing historical data. One of the top features of Cogwise is the smart contract generator - which simplifies the process of creating smart contracts for those without experience in this field. Users can also leverage Cogwise’s wallet tracking system, which analyzes and monitors the movements of other external crypto wallets. $COGW has a total token supply of 1 billion. 35% of all fees and profits generated on the ecosystem will be burnt. The platform will also introduce token staking, giving token holders access to the premium AI model. One can also leverage the yield farming options to access rewards for liquidity provision. While $COGW is gearing up for its token presale, early investors can purchase the token through the ongoing seed round. $COGW is priced at an affordable $0.010 for the ongoing seed round. Since the listing price is set at $0.065, early token holders can buy $COGW before the price hikes by 550%. To participate in the seed round, users must make an investment between 1 ETH - 10 ETH. To learn more about this new cryptocurrency, go through the Cogwise whitepaper and join the Telegram channel. Visit Cogwise 12. Worldcoin (WLC) - A Global Digital Passport On Blockchain With Retina Verification and UBI Potential, led by Sam AltmanWorldcoin (WLD) was officially released in July 2023 by Sam Altman, who is also the head of OpenAI, after three years of testing and experimentation. The aim is to create a World ID with a digital passport to prove that the holder is human. While there is a lot of hype surrounding many Web3 projects, Worldcoin has the financial backing, working product, and globally applicable use case to see tremendous growth, making it a top new crypto for 2023. It combines retina verification alongside blockchain technology, which could constitute a viable combination for a universally applicable global identity for world citizens. The project indicates that IDs tied to retina scans are required now that generative AI has become so powerful and can replicate human language. Soon, it might be possible for AI to replicate human bodily actions, as the tech becomes more sophisticated. The price for Worldcoin has been incredibly volatile, going from $0.15c to $5 and now settling to around $2.40 on July 24, 2023. Currently, in its beta period, it has over 2 million users, who are rewarded in the native token for project participation. It’s already possible to download the World App to receive the native token. But you will have to visit with an ‘orb’ to take your retina scan, and become a World Citizen. Many have raised concerns as to whether the World ID will be truly decentralized in nature. Sam Altman is also a proponent of a Universal Basic Income, a controversial topic for many who argue that this stance promotes centralization instead of decentralization. Still, Worldcoin could set the framework for an international standard and enhanced identity verification. It might also help with the AI and bot issues that will inevitably arise as such technology is integrated further into the human economy.Visit Worldcoin13. Theta Network (THETA) - Redefining Content Delivery For a Web3 AudienceTheta Network (THETA) was initially released as an ERC-20 token, and it has been operating on the mainnet since March 2019. In 2017, private token sales raised $20M. In late 2022, the Theta "Metachain" went live, for higher transaction throughput, customization, and reliability so that existing subscribers of large influencers could be easily onboarded to Web3. Theta is a user-powered, decentralized video distribution network that utilizes a unique blockchain (Theta Network). Its value proposition is to successfully build a mesh network of shared content in order to lower the costs of content delivery networks. Theta Network uses a modified BFT consensus mechanism that still supports more than 1,000 TPS and enables thousands of nodes to take part in the consensus process. It also utilizes a method known as an "off-chain pool for micropayments". This method keeps the communication overhead minimal. The two tokens utilized in its crypto-economics are THETA and TFUEL. THETA is the Theta protocol's governance token and is used to stake nodes, create blocks, and take part in the protocol's governance. The operational token of the Theta protocol is called TFUEL, and users utilize it to carry out transactions (such as interacting with smart contracts or allowing a relay node to provide a video feed to a third party). Every video stream that nodes rebroadcast to other network users earns them TFUEL.Theta blockchain tokens are intended to incentivize individual users to offer their unused bandwidth and computing resources as cache or relay nodes for video broadcasts. With this architecture, the "last-mile" delivery issue (the fundamental bottleneck for conventional content delivery pipelines) is resolved. This is especially true for high-resolution, high-bitrate 4k, 8k, and next-generation streams.In recent times, there has been an exodus of people from mainstream platforms that are looking for a decentralized alternative. Theta Token has a good use case here as an all encompassing content delivery network for Web3, making it a great new crypto in 2023. Buy THETA on eToroCryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.14. Immutable (IMX) - Leading Platform in Ethereum-Based Web3 Games Development With New SSO Passport For UsersImmutable is a global leader in gaming with a drive to bring digital ownership to every player. Immutable is the same organization responsible for Immutable X, a layer 2 for NFTs on Ethereum, and has many offerings. The Immutable Group consists of the Immutable Platform, a developer platform for building & scaling web3 games on Ethereum, as well as Immutable Games, a world leader in web3 game development, with leading titles. They have also recently released a new product, the Immutable Passport. The Immutable Passport is a non-custodial wallet, providing passwordless sign-on and automated wallet creation for users. It’s aimed at the gaming niche. A comparison can be made to Google’s single sign on (SSO) for many of its products. The Immutable Passport SSO is sorely needed in the Web3 industry, as users have a tendency to lose their wallet keys. If they have more than one private key to store, the chances of it being lost or stolen can increase. The project is aimed not only at users but also at game developers, so a truly interoperable gaming universe is created right from the early stages of development. The immutable passport project is aiming to create an SSO to onboard the next billion people into Web3. With the Immutable Passport, gamers can maintain control of their assets while signing up with their email and without a password. Immutable is making it easier than ever for players to engage with web3 gaming without making compromises on security or ownership. It seeks to drastically lower the barrier to entry for new users and become the industry standard for games developers who want their games to be available as easily as possible to new users, with a friction-free onboarding experience. In partnership with Polygon, Immutable Passport has created a zkEVM for developers to work with in terms of building secure games. This project is creating a comprehensive ecosystem for Web3 gaming. IMX is the utility token for the Immutable marketplace.Buy IMX on eToroCryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.15. Regen Network - A Layer 1 Blockchain & Carbon Marketplace Designed to Measure The Ecological Cost of Economic ActivitiesRegen Network ($REGEN) is a green initiative designed to quantify effects that are not accurately captured in typical commercial ventures. For instance, every purchased product has an obvious market price, but the environmental and social consequences of the manufacturing process might not be accurately measured or advertised. A product such as an iPhone can be produced with components from 40+ countries, making environmental accounting difficult to do. The three Regen Network founders observed that despite many shareholders and executives expressing a desire to become carbon neutral or eco friendly, no reliable digital infrastructure was in place to help them to do this. So they created a Proof of Stake blockchain built on a Tendermint architecture to account for this, in 2017. Through the Regen Marketplace, corporations can buy, trade, and retire digital carbon and ecological credits to meet their climate commitments. These nature-based solutions remove carbon, restore biodiversity, and can reverse climate change.The technology the Regen Network team have built is essentially a tailor-made blockchain to mint ecological assets. Once digitized and on the blockchain, buyers of ecological assets will be able to choose the ones that fit their needs. The Regen Registry also outlines a series of standards for what qualifies as a nature based solution (NBS) and as a biodiversity credit. Given increasing concerns with regard to climate change, ecological assets could become a multi trillion dollar industry moving forward. Even a small percentage of this is an enormous amount of capital. The Regen Network with its Regen Registry is in an excellent position as one of very few public, open, blockchain based architectures for accurate environmental assessment of economic activities. It offers a more accurate model for climate change assessment and a means for corporate executives to reliably reduce their carbon footprint, based on real world data. Visit Regen Network How to Find the Newest Cryptocurrencies We’ve discussed some commonly adopted strategies below to give investors an idea of the most effective methods to find new cryptocurrency projects:Research Presale CryptosTrying to figure out how much to invest in cryptocurrencies? Presales tend to have substantially lower entrance prices which means that you don't have to spend a huge sum. That is when compared with what it will cost to purchase the token once it is open to the public on a major exchange.This is especially the case once the crypto project has increased in popularity. As such, one of the most effective ways to find hot new crypto coins to invest in is by researching up-and-coming launches. In finding new cryptocurrencies on presale, this offers investors the chance to gain exposure to a project while it is still in its infancy. Perform Keyword Searches on Social MediaIn a time when social media is the key to discovering new trends, it's as good a place as any to search for new cryptocurrency releases for 2023.Platforms such as Twitter, TikTok, and such allow users to search for keywords, for instance, ‘#bestnewcrypto or #cryptopresales.Investors could also type in a specific category such as #NFTgames. It’s also possible to set up notifications for these keywords.Monitor New Tokens on Cryptocurrency ExchangesUsers can spot the newest cryptocurrencies is via a reputable platform - as it will likely vet projects to make sure they are legitimate prior to listing.One can seek out new cryptos by checking large exchanges or online brokers. Many will list a wide range of long-existing tokens. However, these platforms also frequently add new crypto listings. Simply use the filter on the platform in question to search for specific types of tokens. Follow Developing TrendsTo take advantage of the crypto markets, investors need to follow the wider market to ensure they are up on developing trends in the space.For example, artificial intelligence has dominated the news cycle since the end of 2022 amid the emergence of some key AI tools - and AI-related cryptos have followed, making huge gains. Read our review of the best AI crypto trading bots to see some of the most exciting trading tools that can be utilized.Previously, Web3 gaming and NFT-related coins enjoyed a huge surge in early 2022 and discovering and acting on the next big trend can be an extremely lucrative method.How We Choose New CryptocurrenciesAs newer tokens don’t show investors much in terms of historical performance, there are other things to consider prior to risking any money.When researching new crypto coins, we look at a range of metrics.For instance:What does the project have planned for the future?Is this clearly documented for investors to see?What can the tokens be used for, if anything?Is the project likely to be listed by a big exchange?See some of these considerations below in more detail:Crypto Use CasesEthereum is built for future growth and scalability. Its blockchain is the foundation for several decentralized finance apps, and many more are still being created. For instance, one of the new cryptocurrency tokens on this network is Love Hate Inu.Bitcoin, on the other hand, was created only as a means of payment. That said, Bitcoin has evolved into a store of value for some investors who like to speculate.Generally, in this space, the more use cases that tokens have, the higher the likelihood that new crypto projects will survive long enough to see growth increases.An Interesting RoadmapThe best new crypto to buy will have an exciting roadmap and be clear and transparent about this to potential investors. This shows us that the team behind it is enthusiastic about the project, and that makes it more investable to the masses. It also means that the cryptocurrency is more likely to amass a strong community of supporters.Liquidity PotentialNew crypto coins should have the potential for significant trading volume so that investors can sell them as and when necessary.A new cryptocurrency coin may not be worth buying just yet if other investors aren't trading it in significant quantities.Examples of the new cryptos to watch for potentially high liquidity include Love Hate Inu and DeeLance. As we said in our earlier reviews, both have had huge interest and investment from the early presale rounds.Also, look for tokens that are preparing to be listed on a large cryptocurrency exchange, as this attracts a much larger number of investors and encourages growth.Are New Cryptocurrencies a Good Investment?When researching new crypto coins to buy, it's always important to be mindful that there is a large amount of risk involved.Websites such as CoinMarketCap, CoinGecko, CoinList, Reddit/CryptoCurrency and Twitter can help you find new crypto projects, but it is vital you always undertake further research.Red flags to look out for include a poorly written website, incomplete roadmap or white paper and a team that has not been doxxed. Furthermore, big social media followings can point to wide interest in a project - but be wary the followers are legitimate and not just bots.That said, there are some stand-out reasons that finding the newest crypto coins could be beneficial for investors.See below:Potential to Make Gains as it Becomes More PopularAs we touched on earlier, new crypto listings often start on presale. This presents an opportunity to join the community of investors early and hopefully make decent gains later on.For instance:TAMA sold out its presale in just eight weeks, with investors who bought TAMA in the first phase of its beta sale paying 1 USDT for 100 TAMA ($0.01 each)However, by the time the presale ended later investors were getting 33.33 TAMA tokens for 1USDT ($0.03 each)When the coin is listed the price started at $0.03 (1 USDT = 33.33) but the 'listing effect' and strong use case meant the price surged and continue to see gains as the project growsTAMA reached an all-time high of $0.194 in the days after listing - a near-2,000% increase from the original presale priceThe price remains above $0.03 and is expected to pump again in the coming weeks and months with new listings and the ecosystem developingWhen digital currencies that are coming out of presale make their exchange debut, early investors could potentially realize an immediate upside.Following the conclusion of its presale phase, Battle Infinity was another project created big gains for its investors when it was listed on PancakeSwap. There is still time for investors to buy Dash 2 Trade on presale at a discounted price prior to its CEX listings.In-Game PurchasesSome of the newest cryptos are also used as a currency within a platform’s ecosystem. For instance, some projects have developed, or are developing, a range of P2E games.This will be the case with Tamadoge, which has already released five Tamadoge Arcade Games where players can earn TAMA as a reward, while it has an augmented reality app in development. Some of the Newest Cryptos Offer GiveawaysOne of the characteristics seen more frequently with the hottest new crypto to invest in is that they offer prize giveaways to raise awareness of the project.This is usually in the form of the cryptocurrency in question or NFTs. In either situation, the investor could stand to earn free tokens, which can be used for purchases on the platform or to swap for other digital assets.Where to Buy New CoinsPresales usually have native websites with investors buying directly from the project before they are later listed on big exchanges.The top platforms in this space offer new cryptos as well as well-established options. It’s also important to check factors like trading fees, asset diversity, and regulation.How to Buy $BTCMTX Tokens - Step-by-Step GuideIn this section, we detail how to buy Bitcoin Minetrix ($BTCMTX) tokens during the presale.Create a Non-Custodial Crypto Wallet - First, create a crypto wallet with a reputable provider like MetaMask or Trust Wallet. Buy Ethereum, USDT or BNB - Then, stock up on ETH, BNB or USDT to buy $BTCMTX tokens. At this stage, it's important to keep gas fees in mind. Most well-known brokers will offer the asset, as do the crypto wallets themselves.Connect Wallet and Purchase $BTCMTX Tokens - Next, head to the Bitcoin Minetrix presale website, connect the crypto wallet, then choose the relevant 'Buy With' option, decide how many tokens to buy and confirm the purchase. You can click the ‘Buy and Stake’ option to automatically stake your holdings after making the purchase. Claim Tokens After Presale - Once the presale has concluded, the purchased tokens will be claimable on the Bitcoin Minetrix website.eToro - Regulated Online Broker With New Cryptocurrencies at 1% CommissioneToro was established in 2007 and offers a range of cryptocurrencies. This includes many of the best new crypto coins we’ve reviewed today. At the time of writing, some of the crypto listings on eToro are SHIB, APE, CTSI, BAL, IMX, GALA, and AVAX.Investors will also have access to a selection of established crypto assets such as BTC, ETH, BNB, and LTC, to name a few. Notably, the commission fee is 1% for each crypto transaction at eToro.Moreover, the platform lists other assets like stocks and ETFs. Investors may not know that eToro is also a Copy Trading platform. As such, investors can use this passive trading method to allocate $200 or more to copy a seasoned trader with experience in crypto assets.Each order placed will automatically be mirrored in the investor's portfolio after allocating funds to Social Trading and Copy Trading. Alternatively, an investment of $500 or more in a Smart Portfolio like ‘Scalable Crypto’ offers the investor exposure to a number of digital currencies with a single purchase.Investors can make a deposit with a credit/debit card, e-wallet, ACH, or wire transfer. There is no deposit fee for US-based investors. eToro also offers a free cell phone app and a paper trading account with $100k in practice funds.Buy Crypto on eToroCryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.ConclusionInvestors are continuously searching high and low for the next big crypto project. As such, today's guide has reviewed and ranked the best new crypto coins to invest in. It’s a wise idea to create a diverse portfolio to spread risk and to research individual assets thoroughly. One of the top new cryptos right now is Bitcoin Minetrix ($BTCMTX). This is a stake-to-mine cryptocurrency that lets token holders stake the native token to generate cloud mining credits. Users can burn the credits and use them for Bitcoin cloud mining power. The $BTCMTX presale has raised over $100K in a few hours.Visit Bitcoin Minetrix FAQsWhat are the newest crypto coins? Some of the newest crypto coins include Bitcoin Minetrix, Meme Kombat, Wall Street Memes, TG.Casino, yPredict, Launchpad XYZ, and Chimpzee, which are all in their presale and not yet available to buy on exchanges.What is the best new cryptocurrency to invest in?One of the best new cryptos is Bitcoin Minetrix. This cryptocurrency allows token holders to stake $BTCMTX, the native token, to earn cloud mining credits. The goal of Bitcoin Minetrix is to make cloud mining simpler, and more secure. So far, the Bitcoin Minetrix presale has raised more than $100K in a few hours. The $BTCMTX token is priced at just $0.011.What cryptos will go up in 2023?There is no sure answer on what new cryptos will go up in 2023. The best thing to do is carry out thorough research. Investors can look at how well-received the project is so far, and only allocate small amounts.How do I find new crypto projects?There are multiple ways to find new crypto coin releases. This includes researching the presale cryptos, looking on social media platforms, and checking popular exchanges for new tokens.Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.What is the Next Cryptocurrency to Explode in 2023? Top 16 Contenders

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Coinbase's Blockchain Gambit: A Solution to Six Consecutive Quarters of Losses? A fully customizable ETL query stack is included in the open-source Subsquid SDK, which is useful for indexing events, transactions, and traces. The SDK allows developers to create unique data pipelines and application programming interfaces (APIs) that access the ecosystem’s data. Additionally, external API calls are accessible, enabling developers to aggregate data from Flare APIs using the Subsquid SDK. Nigerian Digital Currency Transactions up 63% Says Central Bank Boss-Africa Bitcoin NewsIn a rapidly changing blockchain and cryptocurrency landscape, staying informed is crucial. Cointelegraph has launched its new Research Terminal — an all-in-one destination for comprehensive crypto insights, detailed reports and extensive data. The revamped terminal offers an improved user experience with a user-friendly interface, making it effortless to explore our wealth of content, whether on a desktop or mobile device. Check out the new Cointelegraph Research Terminal hereThe updated Cointelegraph Research Terminal covers the crypto ecosystem like never before.Cointelegraph Research is still committed to free public reportsAn important part of the mission at Cointelegraph and Cointelegraph Research is to provide the most up-to-date information on the ever-changing blockchain industry and cryptocurrency landscape. This remains the driving force behind the terminal, and Cointelegraph Research will always have free public reports supported by partners interested in spreading the blockchain revolution. For those seeking more in-depth or topical reports, there are two professional tiers: Pro and Premium. Pro lets users access Pro Weekly Articles and Monthly Investor Insights reports. The Premium plan includes everything in Pro, unlimited database access and extra features, such as a personalized one-on-one monthly call with one of our in-house analysts. Custom enterprise solutions are also available upon agreement.Cointelegraph’s new Research Terminal introduces three new subscription tiers.Features of the terminal include:ArticlesOne of the primary changes is introducing an articles section that delves into multiple aspects of the crypto industry. These articles analyze the multifaceted blockchain sector, existing issues within the industry and its key players. The new “Articles” section on Cointelegraph’s Research Terminal.Cointelegraph covers all the breaking news in the blockchain industry each day. Now, Cointelegraph Research Terminal articles offer a more in-depth view with reference data and informative charts. The section includes free articles, as well as Pro subscription-level publications and education on major topics of interest, providing a detailed analysis of all things blockchain research.ReportsFor those seeking detailed, high-level analysis and research, the reports section has a lot to offer. Dive into extensive reports covering all aspects of the digital asset industry, ranging from venture capital flows and blockchain infrastructure to Web3 and metaverse trends. Readers interested in the most up-to-date analysis and forecasts will be pleased with Cointelegraph Research’s monthly Investor Insights reports, featuring thorough reviews of the industry’s current state, an analysis of the newest trends in multiple market sectors and a forecast for the month ahead.See the latest report, The Hitchhiker’s Guide to the Metaverse, hereTo further enrich your experience, Cointelegraph Research has partnered with some of the most respected names in the industry. Access reports from esteemed authors like bitsCrunch, Delphi Digital and TradingView to gain unique perspectives and unparalleled insights into the world of crypto.DatabasesAnother key part of the terminal is the updated format for accessing Cointelegraph Research databases. From now on, all existing and future databases are available as part of the Premium subscription package. Users won’t have to limit themselves to specific scopes of data, with full access available to all databases instead.Cointelegraph Research offers a broad selection of databases to keep users up-to-date on all the latest industry moves.PitchroomEven with a Free subscription level, users can monitor venture capital opportunities and keep up-to-date with the most recent developments in crypto. The knowledge gained could be the difference-maker in your crypto endeavors. Take the first step today by visiting Cointelegraph’s new Research Terminal, registering for a free subscription and joining our community of forward-thinkers shaping the future of money. The crypto world is brimming with opportunities, and Cointelegraph Research is glad to share our knowledge to assist you on your path.The Cointelegraph Research teamCointelegraph’s Research department comprises some of the best talents in the blockchain industry. Bringing together academic rigor and filtered through practical, hard-won experience, the researchers on the team are committed to providing the most accurate, insightful content available on the market.With decades of combined experience in traditional finance, business, engineering, technology and research, the Cointelegraph Research team is perfectly positioned to put its combined talents to proper use. The opinions expressed in this article are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. The key driver behind this surge was a remarkable 508% increase in their installed hashrate, rising from 3.8 exahashes per second (EH/s) in September 2022 to an impressive 23.1 EH/s. Marathon Digital's CEO, Fred Thiel, expressed satisfaction in reaching their goal of 23 exahashes on an installed basis and revealed plans to expand into locations with low-cost renewable energy sources to further boost their mining capacity.

What do you think about Axie’s downturn since the project’s peak? Share your thoughts and opinions about this subject in the comments section below.Card Brawl will implement Roguelike mechanics to captivate the gamer. Roguelike is a subgenre of RPG typically involving turn-based gameplay, grid-based movement, and single-life attempts to complete the level. As the player progresses through the game, they are rewarded for unlocking achievements. How to Trade Cryptocurrency ? For Beginners-acrossbecomeAI Hype Stealing Limelight From Crypto Bitcoin has implemented technical improvements such as Segregated Witness (SegWit), an upgrade that “segregates” some data outside the space in each block propagated to the network. SegWit allows more efficient use of each Bitcoin block’s limited 1 MB of space.

By the way, each infraction of OFAC SDN is up to a $30 million fine and up to 30 years in jail, right? And each transaction can be considered an infraction. So it’s like infinite liability. We were put in a sort of a rock and a hard place situation where we couldn’t satisfy both. Another alarming signal is Ethereum’s position concerning its 200-day simple moving average—a key metric for understanding long-term market trends. Currently trading below this average, it reflects bearish sentiment. Not to mention Ethereum is also down 67% from its all-time high. Short Selling Bitcoin: a 5 Step How-to GuideThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Fresh Wallets Are Stockpiling This Altcoin Pumping on Binance: Whales Make Their Move As Well What can you do in the Metaverse?

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