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Cryptocurrency News Articles
New Cryptocurrency Projects with Token Generation Events (TGE) to Watch This Week
Nov 19, 2024 at 05:28 pm
New projects are in the pipeline to enter the cryptocurrency space, with Token Generation Events (TGE) being key moments for any emerging blockchain venture.
Several new cryptocurrency projects are preparing to enter the market this week, each planning a Token Generation Event (TGE) to introduce their tokens to investors and users.
These TGE projects span various domains within the cryptocurrency ecosystem, including Bitcoin Layer-2 scaling, paymaster-as-a-service, AI platforms for developers, AI-powered comparison engines for Web3 trends, and Web3 games combining PvP and PvE gameplay.
As these projects conclude their TGEs, their tokens will become available for trading or use within the respective project ecosystems. A successful TGE can garner more attention and liquidity for each crypto project, setting the pace for their growth in the coming period.
For investors, however, this is a chance to get tokens early on in each project. In many instances, these tokens are available at lower prices, with the hope that their value will rise as each project develops and achieves new milestones.
On this account, the following are the projects with TGE this week, ranging from November 19 to 22, 2023.
Bitcoin Layer-2 Scaling Network Bitfinity (BTF) to Launch Mainnet on TGE Day
Fresh from engaging in private fundraising that raised $7 million, the Bitcoin Layer-2 scaling network Bitfinity (BTF) advertises a public token offering through a launch pool.
During the last fundraising round, the project raised $130 million with backing from Polychain Capital and ParaFi Capital, among others.
“The numbers show that Bitfinity has the potential to transform Bitcoin’s L2 landscape,” said Lunar Strategy.
It plans the token generation event (TGE), a mainnet launch that will take place on November 19 at 10 AM. This event is also a celebration of surpassing 32 million transactions on its testnet. This achievement is the result of the relentless dedication of developers who have been actively building on the platform.
Bitfinity’s BTF token will be listed on the Gate.io exchange.
Zyfi (ZFI) Paymaster-as-a-Service to Launch on PancakeSwap With Yield Farm
Zyfi is a paymaster-as-a-service designed for easy integration. With a fundraiser of up to $2 million after a valuation of $20 million in the previous round, the project also plans a TGE on November 19, with the exact time and exchange to be announced.
The project teamed up with PancakeSwap for the ZFI token launch.
“We’re thrilled to team up with PancakeSwap, our long-time paymaster partner, to provide liquidity for the ZFI token,” Zyfi shared.
Per the post, the expected benefits from this collaboration range from a ZFI-ETH yield farm with CAKE incentives to two Syrup Pools for CAKE and ZFI stakers with up to $30,000 in rewards. The partnership will also make it easy to access ZFI tokens on the decentralized exchange.
AI Platform MicroGPT (MICRO) to List on Gate.io, MEXC for TGE
This is an AI platform that empowers developers with AI-driven tools and is dedicated to improving development efficiency. As an advanced AI platform, MicroGPT is designed to streamline and democratize software development for developers of all levels.
It remains unclear how much the project has raised, but a TGE is planned for November 20 at 7 PM, and the MICRO token will be listed on Gate.io and MEXC exchanges. The valuation of the last round was $3.5 million.
“Get ready to fuel the future of coding with MicroGPT’s powerful suite of tools: Real-time coding suggestions IDE integration for seamless workflows, Mobile app, Chrome extension, and more,” MicroGPT shared.
AI-Powered Comparison Engine Ponder (PNDR) to Launch on KuCoin at $0.10
Ponder is an AI-powered comparison engine for all Web3 trends. It builds a solution providing a fully integrated comparison tool for crypto-based operations, powered by AI and EigenLayer.
The project raised $1.1 million in private fundraising after being valued at $10 million in the previous round. The listing exchange is KuCoin, and its TGE will happen on November 20 with a $0.10 token price.
However, before its TGE, the project will hold a non-refundable token sale on November 19 at 08:00 UTC. Claiming will be open beginning November 20.
“Key benefits: Pioneering re-staking on EigenLayer, Tier 1 funds onboarded, Analyzes and executes trading options according to your preferences Runs Community Engagement Initiatives Tier 1 funds onboarded,” Ponder detailed.
Web3 Game MemeFi (MEMEFI) to List on OKX, Bitget, Bybit, Gate.io
This is a Web3 game that combines PvP and PvE gameplay. The
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