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Cryptocurrency News Articles
7 New Crypto Assets Set to Shake Up the Market in July: From AI-Themed Tokens to Play-to-Earn Games
Jul 05, 2024 at 04:15 am
As we step into a flourishing July, a fresh influx of digital assets engulfs the cryptocurrency landscape. Ranging from AI-themed tokens to Play-to-Earn games
July heralds the arrival of a fresh wave of digital assets, spanning AI-themed tokens to Play-to-Earn games, capturing the attention of the global cryptocurrency community.
Among the newcomers is WienerAI (WAI), a meme coin that blends humor and artificial intelligence (AI)-triggered trading. Unlike typical meme coins, WAI boasts a trading bot that scours decentralized exchanges (DEX) for lucrative investment opportunities and offers zero-fee transactions. The bot also shields against Maximum Extractable Value (MEV) bots. WAI's presale has seen a remarkable $7 million influx, offering investors the chance to stake WAI at a discount with high estimated yields.
Next on the list is LayerZero (ZRO), a crypto asset that facilitates communication between blockchain networks. Through Ultra Light Nodes and a relayer network, LayerZero enables seamless cross-chain interactions. Its Omnichain tokens can seamlessly operate on multiple blockchains, eliminating the need for wrapping or bridging. Despite initial issues with the ZRO token launch, strong investor interest has kept the token afloat, with a current price of $4.02 and projections of a sharp rise in July.
Moving into the GameFi realm, BinaryX (BNX) has quickly become a trending topic. The project features cyber dragon battles, chess tournaments, and interstellar voyages within its ecosystem. It also includes a dual-token system, DAO-ready governance, and a IGO launchpad for game developers. BNX has seen a 340% daily increase in spot volumes, and its appearance on CMC's trending list suggests a promising July.
Another meme coin to watch is PlayDoge, which aims to establish itself in the Play-to-Earn (P2E) space by combining memes and gaming mechanics. The coin is slated to launch in 2024 and has already gathered over $5.3 million in presale funds.
From the world of DeFi comes Zeta (ZEX), a Solana-based newcomer that plans to disrupt the crypto derivatives market. The platform enables trading of perpetual futures contracts with an interesting undercollateralized trading feature. This allows traders to extract more value from their capital. ZEX has recently been listed on exchanges and shows promise for long-term investment.
On the lighter side of things, Chewy (CHEWY) is a meme coin on the Solana platform that has drawn attention due to its namesake pet merchandise firm. The token, which has recently received an endorsement and funds from Keith Gill, has seen a rapid price increase since launching last week. Given the market buzz surrounding similar tokens, CHEWY is expected to pique the interest of traders.
Finally, Base Dawgz (DAWGZ) has been making waves on the Base layer-2 network. The meme coin offers multi-chain compatibility, allowing DAWGZ tokens to be transacted across Ethereum, Solana, Binance Smart Chain, and Avalanche at minimal costs. Within days of launching its presale on May 30, the project has secured over $2.3 million in funding from early bird investors. Base Dawgz also features a 'Share-to-Earn' scheme that rewards community members for spreading the word about the project.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Bancolombia's Wenia Partners with Solana for Faster, Cheaper Transactions
- Sep 25, 2024 at 06:25 pm
- Bancolombia's crypto app, Wenia, has recently extended its services by incorporating top DeFi projects such as Solana to make transactions faster and cheaper for users.
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- House Committee on Finance Services Grills The SEC Over Unfair Crypto and NFT Market Regulation
- Sep 25, 2024 at 06:25 pm
- The United States House Committee on Finance Services has grilled the United States Securities and Exchange Commission over unfair crypto and NFT market regulation for the past three years.
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- Bitcoin (BTC) Price Anticipates a Rocket as China Cuts Interest Rates, ETH Drops Marginally
- Sep 25, 2024 at 06:25 pm
- Today, the global crypto market prices reflected a slight uptick, trying to sustain the rally ignited following the Federal Reserve rate cut. However, the uptrend among top altcoins was mostly marginal
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- Bitcoin (BTC) ETFs Remove Nearly Five Times Daily Supply as Ethereum (ETH) ETFs See Strong Rebound
- Sep 25, 2024 at 06:25 pm
- Ether ETFs experienced a $62.5 million inflow, marking its third-largest day since launch.
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- Savvy Crypto Traders Are Betting on These Altcoins — Are You Missing Out?
- Sep 25, 2024 at 06:25 pm
- Trading volumes for altcoins have surged, and there's been a significant shift away from Bitcoin👇
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- The SEC Approves Options Trading for the BlackRock Bitcoin ETF (BTC)
- Sep 25, 2024 at 06:25 pm
- The landmark decision, which applies to the BlackRock Bitcoin ETF, marks the first time the SEC has permitted options trading on a Bitcoin ETF
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- This Bitcoin Indicator Looks ‘Very Much’ Like in 2016, Here’s Why March Was Not BTC Price Cycle Top
- Sep 25, 2024 at 06:25 pm
- Crypto analyst CryptoCon shared insights on Bitcoin’s price trends, challenging the idea that March 2024 marked the peak of its cycle.
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- Bitcoin (BTC) Next Cycle Top Set To Occur In 2025, Here's Why
- Sep 25, 2024 at 06:25 pm
- Amidst rising discussions within the general crypto community about Bitcoin’s next cycle top, a market expert has offered insights on the pressing subject and a potential timeline for the largest digital asset to experience a price peak in the ongoing cycle.
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- Sui Price Prediction: SUI Eyes New ATH as It Soars 13% in 24 Hours to Trade at $1.71
- Sep 25, 2024 at 06:25 pm
- The Sui price soared 13% in the last 24 hours to trade at $1.71 as of 3.10 a.m. EST on trading volume that skyrocketed 68% to $1.03 billion.