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Newly released crypto assets can offer buyers a higher return on investment (ROI). Today, we reviewed various new coins on the market.
This year has seen a rise in new cryptocurrencies, each competing for a position alongside giants such as Bitcoin and Ethereum. While some new tokens yielded high returns, others were scam projects.
New Cryptocurrency Releases, Listings, and Presales Today
As 2023 nears its conclusion, more new cryptos have sprung up; some have already made their mark with a price surge beyond imagination, and others have shown excellent prospects. Newly listed token, Aki Network Aki Network, web3’s largest data-driven influencer network, announced its Series A undisclosed top Japanese venture capital and MARBLEX led funding. Investors also include Puzzle Ventures and individual entrepreneurs in Japan.
This is Aki Network’s second fundraising this year, valuing the decentralized data network at US$50 million. In analyzing each of these tokens, including a unique token yet to be launched, we’ve taken cognizance of their use cases, community, tokenomics, and other vital details worth considering.
1. VaultCraft (VCX)
VaultCraft (VCX) is a DeFi yield-optimizing protocol distinguished by its customizable asset strategies that streamline crypto management across various chains. Facilitated by VaultCraftDAO, responsible for software development, the protocol simplifies the user experience by enabling the one-click zapping of crypto assets into high-yield DeFi products.
VaultCraft is committed to user empowerment, allowing individuals to deposit crypto, optimize yield across any EVM chain, and tailor their own yield strategies. The smart contracts automate essential yield-generating functions, providing users with time savings, reduced transaction fees, and the ability to generate yield on crypto holdings with minimal expertise.
The recent notable % price increase of 71.80% in the last seven days positions VaultCraft as a standout performer, surpassing both the global cryptocurrency market and similar Ethereum Ecosystem cryptocurrencies. VCX tokens are traded on decentralized exchanges, with Balancer V2 being the most active platform.
While considering its recent market performance, potential investors should assess VaultCraft’s mission centered around yield optimization and its capacity to simplify and customize DeFi strategies for users, balancing risk and reward in the dynamic crypto space.
Thanks for the writeup @FlywheelDeFi!
Our @fraxfinance Smart Vault with $ARB rewards is live: https://t.co/ZIjKaMZaYi https://t.co/193E0cIrO3
— VaultCraft (@VaultCraft_io) December 22, 2023
VaultCraft is a DeFi yield-optimizing protocol with customizable asset strategies that instantly zap your crypto from any chain into the highest yield-generating products across DeFi in 1 click.
The price of VaultCraft (VCX) is $0.02737194 today, with a 24-hour trading volume of $29,785.36. This represents a 27.30% price increase in the last 24 hours and a 71.80% increase in the past seven days. With a circulating supply of 690 Million VCX, VaultCraft is valued at a market cap of $18,773,463.
2. Fuzion (FUZN)
Fuzion (FUZN) emerges as a multi-product DeFi protocol on the Kujira blockchain, offering a suite of decentralized applications (dApps) that includes Plasma, an OTC service, Pilot, a fair market launchpad, and Bonds, a token bonding marketplace.
The protocol’s mission is to democratize access to DeFi for all crypto users through its diverse product offerings. Notably, the Plasma OTC service enables users to create deals with any token on the Kujira blockchain, catering to large trades without exposing positions to slippage.
The Pilot Launchpad, developed in collaboration with Kujira, introduces a strategic approach to token sales, removing the randomness of lotteries and offering participants more control over risk and reward. Additionally, Bonds provide protocols with access to capital without diluting existing token circulation.
The utility token, FUZN, plays a central role in the Fuzion ecosystem, offering benefits such as fee accrual from all Fuzion DeFi products, governance voting rights, and control over the community treasury.
With a recent price increase of 37.30% in the last seven days, Fuzion demonstrates solid performance, outpacing both the global cryptocurrency market and similar Kujira Ecosystem cryptocurrencies.
Well, well, well. https://t.co/osdtTz5Ktn
— Fuzion (@Fuzion_App) December 21, 2023
Potential investors should consider the protocol’s comprehensive approach to DeFi, innovative product offerings, and the utility and governance functions of FUZN when assessing its investment potential.
Fuzion is a multi-product DeFi protocol built on Kujira. Our suite of dApps includes:
- Plasma, an OTC service.
- Pilot, a fair market launchpad.
- Bonds, a token bonding marketplace.
We create products and services that make easy access to DeFi available for all crypto users.
The price of Fuzion (FUZN) is $0.076996 today, with a 24-hour trading volume of $28,804.67. This represents a decline of -6.20% in the last 24 hours and a 37.30% price increase in the past seven days. If you’re looking for the market cap of Fuzion, data is not available today as the circulating supply of FUZN tokens has yet to be reported.
3. Aki Network (AKI)
Aki Network introduces itself as Web3’s largest data-driven influencer network, underpinned by the native cryptographically secure fungible protocol token, $AKI. As a transferable representation of attributed governance and utility functions within the Aki Protocol, $AKI is designed exclusively as an interoperable utility token.
Aki Network focuses on consumer networks powered by rich and composable data, precisely honing in on influencer-consumer graphs. The utility of $AKI extends across various domains, offering early access to rewarding projects, exclusive user privileges, governance participation, payment for services, influencer incubation, and incentivized rewards within the Aki Network ecosystem.
The recent Series A funding, led by undisclosed top Japanese venture capital and MARBLEX, values Aki Network at US$50 million, solidifying its leadership in Japan’s web3 marketing. With a robust user base and influencer network, Aki Network’s $AKI token is expected to gain demand as more projects integrate into its ecosystem.
The planned token airdrops for eligible users further enhance community engagement, making Aki Network an intriguing investment opportunity in the evolving Web3 landscape.
$AKI is now live!
Now you can trade $AKI on:@Bybit_Official @gate_io @MEXC_Official @BTSE_Official🔐 Contract address: 0x1A7e49125a6595588c9556f07a4c006461b24545
⛓️ Polygon
🚨 Be alerted of fraudulent “DEXs” or “Exchanges”
💚 No any private allocation officially sold
😃… pic.twitter.com/rU62srGJdR— Aki Network (@aki_protocol) December 22, 2023
Aki introduces two layers to organize the web3 world’s information. Aki Protocol is an open infrastructural multi-chain knowledge base that provides Oracle services. Aki Network is a consumer-facing application suite built on Aki Protocol, explicitly focusing on influencer-centered graphs.
The price of Aki Network (AKI) is $0.03349051 today, with a 24-hour trading volume of $1,000,171.26. This represents a -40.90% price decline in the last 24 hours and a price increase in the past seven days. If you’re looking for the market cap of Aki Network, data is not available today as the circulating supply of AKI tokens has yet to be reported.
4. Sponge V2 ($SPONGE)
Sponge V2 emerges as a dynamic evolution of the $SPONGE meme coin, showcasing a remarkable journey from a $1 million to over $100 million market cap in 2023. With a current market cap of $16 million and a robust community of over 11,500 holders, Sponge V2 is a promising investment opportunity.
If you’re holding original $SPONGE tokens, you must stake them in our V2 smart contract via the website home page. 🙌
You’ll automatically secure your share of the V2 token upon launch. 🚀
GO GO GO 🧽🧽🧽🧽#Sponge #Web3 #Crypto #Alts pic.twitter.com/I6eX3nQVGN
— $SPONGE (@spongeoneth) December 23, 2023
The introduction of the Stake-to-Bridge model exemplifies a strategic shift, allowing existing $SPONGE holders to seamlessly transition to V2 by staking their V1 tokens, fostering loyalty with a four-year lock-in period and a minimum APY of 40%.
Incorporating a Play-to-Earn (P2E) game enhances the utility of Sponge V2, providing players with opportunities to earn V2 tokens. The token distribution strategy, allocating significant portions to staking rewards and P2E gaming, reflects a commitment to community engagement and incentivization.
Sponge V2’s roadmap includes aspirations for significant exchange listings, leveraging its established 30,000-member community to replicate or surpass the success of its predecessor.
Visit SPONGEV2 Presale
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