With the crypto market showing significant strength ahead of the 2024 Bitcoin halving, projects with upcoming launches could be poised for monumental upside potential.
This article explores the seven best new launches to watch, considering use cases, tokenomics, market trends, and more.
Bitcoin ETF Token
Our top pick for the best new cryptocurrency launch to watch is Bitcoin ETF Token. The project was created to harness the unprecedented hype of the upcoming Bitcoin ETFs.
Its tokenomics are designed to reward the community while driving hype at times when Bitcoin ETF activity is highest.
For example, 5% of tokens will be burned at five different Bitcoin ETF milestones. There is also a 5% burn tax on transactions, making the token deflationary and incentivizing long-term holding.
Meanwhile, it features a news feed, updating its community on the latest Bitcoin events. This will encourage community participation, particularly when there is breaking news surrounding Bitcoin ETFs.
The project also features a staking mechanism, with 25% of its total supply allocated to staking rewards, currently providing a 154% annual yield.
Buyers can begin staking in the presale, but the earlier they stake, the better. This is because the staking APY will decrease as the staking pool grows.
Bitcoin ETF Token’s blend of utility, hype, and deflationary tokenomics has driven significant hype, with its presale raising $1.6 million in under three weeks.
Currently, investors can buy $BTCETF for $0.0058, but they must be fast as its price will rise in two days.
Meme Kombat
Meme Kombat is a compelling mix of meme coin vitality and GambleFi innovation. Therefore, its current early presale stage presents an advantageous opportunity to get in from the ground up.
The project features a battle arena powered by AI, enabling users to gamble on fights between meme coin characters and earn rewards.
Users require $MK to gamble on the action, providing the meme coin with a steady and predictable demand stream, significantly bolstering its price potential.
Meme Kombat also offers many impressive gambling and gaming features, including different seasons with new characters and rewards, single and multiplayer game modes, traditional odds mechanics, and more.
Furthermore, it boasts a staking mechanism, providing a 442% APY. As well as rewarding its community, this will act as an additional demand stream while encouraging holders to lock up their tokens, reducing sell pressure.
Given its one-of-a-kind use case, analysts are significantly bullish on Meme Kombat. Jacob Bury recently predicted the project could 10x after its presale.
One of the factors Bury points to is that it features a doxxed team, adding a layer of security and transparency, a notable advantage over other meme coins.
The Meme Kombat presale is priced at $0.214, but buyers must be fast as it will rise to $0.225 in five days.
TG Casino
TG Casino is a market-leading crypto casino that is available exclusively on Telegram and is KYC-free. This provides a significantly better user experience than other crypto casinos, making getting started and placing bets much quicker and more straightforward.
However, users need not sacrifice on security; TG Casino is one of the only licensed and regulated Telegram casinos. Furthermore, it recently passed a smart contract audit carried out by blockchain security firm Coinsult, and its team has been KYC’d.
The combination of a benefit-driven use case and robust security has attracted over 2,000 users to the casino already, and the TG Casino token, $TGC, can capture this value through its numerous utilities.
$TGC offers holders benefits like free rewards, 25% cashback on all losses, a 199% staking APY, and access to exclusive games and rooms.
Meanwhile, the project features a buyback mechanism, repurchasing $TGC tokens from the open market with a portion of the casino’s revenue. It will allocate 60% to staking rewards and burn 40%, making the token deflationary and enabling holders to benefit from the platform’s success.
The TG Casino presale has already raised $2.9 million and has a hard cap of just $5 million. As such, investors have little time to secure $TGC at a fixed price before it potentially explodes.
Bitcoin Minetrix
Bitcoin Minetrix is a groundbreaking innovation aiming to empower everyday crypto users to mine Bitcoin. It is a cloud mining service that solves many previous security concerns through its transparent and decentralized $BTCETF token.
It works by users staking $BTCETF in exchange for Bitcoin mining credits, which they can exchange for cloud mining power. This translates to free Bitcoin.
The benefit of Bitcoin Minetrix is that users do not require specialist hardware or technical expertise, and there are no overhead costs – all they need is an Ethereum-compatible wallet and $BTCMTX tokens.
This removes the most significant barriers to entry to Bitcoin mining, moving the industry closer to mass adoption.
However, one of the most promising considerations is $BTCMTX’s pivotal role in the operation; with users requiring it for staking, there will be a long-term demand stream. Meanwhile, rewards are paid out in mining credits, not $BTCMTX.
This places $BTCMTX in high demand and low supply, indicating strong price potential.
With this in mind, it is no surprise that Bitcoin Minetrix is faring one of the hottest presales of the year, raising over $4.3 million so far.
The current $BTCMTX presale price is $0.0118, but this will rise in just over one day, so potential investors must act fast.
Launchpad XYZ
Another new crypto launch showing massive potential is Launchpad XYZ. It is an all-in-one crypto ecosystem, providing cutting-edge data analytics to level the playing field between retail and institutional traders.
It comprises impressive tools like a trading strategy builder, a trading terminal, an AI chatbot, and a learning platform. However, one of its most prized features is its trading signals Telegram group, telling its community what cryptos to buy and when.
Users must invest over $500 in the presale to access the group. However, many members may have already made substantially more than their initial investment, given the group has already called some massively profitable trades.
So far, its best trade was on a project called ELON 2.0, which rendered a 29x.
Yet, Launchpad XYZ is not only a trading tool; according to its website, the project aims to offer “all of web3 in one place.” It plans for users to be able to browse every NFT, metaverse, or presale, all from its dashboard.
Through its array of tools, Launchpad XYZ could bolster the average crypto user’s abilities, empowering them to make better decisions with less complexity.
The Launchpad XYZ presale currently offers a 7% bonus on purchases, but the offer is set to end in three days.
Pyth Network
The last new cryptocurrency launch to watch is Pyth Network. Four days ago, its token was issued via an airdrop and has already garnered a $703 million market cap. It is currently down 11% in the last day, potentially presenting a good time to buy before the next leg up.
Essentially, Pyth Network is the Solana version of Chainlink, providing price feed oracles and market data to blockchain projects.
Pyth Network provides “mission-critical” price data in a secure and zero-latency manner. It can deliver data for asset classes like crypto, FX, commodities, and equities, opening the door to an array of exciting use cases.
Pyth Network currently offers over 350 different data feeds from exchanges like Cboe Global Markets, Jane Street, CMS, Binance OKX, Two Sigma, and many others.
The PYTH token is used for staking and governance within the Pyth Network, creating strong demand potential from stakeholders that want to influence the protocol’s future direction.
TokenSight
Another promising crypto launch is TokenSight. The project’s token was issued less than one month ago, but its full product will launch in two weeks.
Currently, the TokenSight price is $0.8573, up 1.65% in the last day and 385% since launching. It holds a $11 million market cap and a $497K 24-hour trading volume.
In a nutshell, TokenSight is an advanced decentralized exchange offering features like copy trading and on-chain activity alerts. Yet, it also aims to rival Telegram-based Unibot through its automated trading services, enabling users to place instant buy and sell orders at set prices.
Meanwhile, the TKST token features a revenue-share mechanism, giving holders 75% of the platform’s trading fees and 40% of token taxes.
Another promising factor is that the platform’s team was rewarded a grant from the Ethereum Foundation, attesting to its legitimacy and illustrating its leading industry connections.
The platform is also licensed by Panama IBC, further displaying its security and legitimacy.
