Tom Sheen
The crypto markets have suffered through much of 2022 with the majority of coins suffering huge losses from their November 2021 bull run highs.
Despite some signs of recovery in recent days, favorites such as Bitcoin, Ethereum and others are still down as much as 70-80% – and others more – from all-time highs.
However, one way that smart investors have continued to beat the bear market is to invest in presales, initial coin offerings (ICOs) and initial exchange offerings (IEOs). Finding coins ahead of the rest of the space is certainly a high-risk strategy, but one that can offer high rewards.
Many coins also experience a ‘listing effect’ where they pump immediately after hitting exchanges as new investors and awareness is brought to the project.
Do Thorough Research on New Listings
CoinMarketCap, CoinGecko, CoinList, CoinSniper, Reddit/Cryptocurrency and Twitter are all great ways to find new coin listings, but it is vital to conduct further research on new coins once you find them to ensure they are not rug pulls or honey pots.
TokenSniffer is extremely useful to ensure a project’s tokenomics and smart contract are secure, while a project’s website and social media pages are also vital for investigation.
Lazy or incomplete websites, whitepapers and roadmaps are bad signs, while a doxxed team and high levels of social media activity engagement are good signs – although be wary of bots.
Here are some of new crypto listings that have just listed, or are about to be listed, on major exchanges.
Tamadoge (TAMA)
Tamadoge is an exciting new project that has outperformed the recent struggles of the crypto bear market to raise $19 million in its presale in under eight weeks.
The project, which we named our best future cryptocurrency, has not yet been listed but will be hitting exchanges soon.
FOMO for the project was high in the final stages of the presale, with crypto whales securing huge positions – investments of 55.8ETH and 40ETH were both seen late on Sunday.
Tamadoge is a meme coin project that offers long-term value and utility that the likes of Dogecoin and Shiba Inu do not, through its play-to-earn game, NFT ownership and wider ‘Tamaverse’.
Holders of the native TAMA token will be able to mint NFT pets at the end of 2022, with the pets forming the center of a P2E game.
Based on 90s craze Tamagotchi, owners can care for, feed and grow their pets, by doing battle against other players for a spot on the monthly leaderboard.
Later in the roadmap the 3D pets will also jump off the screens and into the real world after an augmented reality app is released, with players and pets able to explore and hunt for tokens.
Furthermore, unlike DOGE and SHIB – which are inflationary and never were conceived as currencies rather than a store of value – TAMA employs strict tokenomics.
While DOGE has an unlimited supply (and a circulating supply of 130 billion) and SHIB has a supply of 550 billion, only 2 billion TAMA tokens will be created.
The coin also has a burn mechanism, with 5% of every transaction in the pet store – where holders can buy toys and food for their pets – making it deflationary and creating scarcity over time.
The Tamadoge team is also doxxed and passed its KYC verification and had its contract audited at the start of the presale, while the project is already creating a huge buzz on social media, with nearly 70,000 Twitter followers and 50,000 in the Telegram group.
Big announcements on listing dates are expected this week, with the social media pages the best place to get the news first.
Metaplex (MPLX)
Solana-based NFT protocol Metaplex caused a huge buzz over the weekend after releasing a mass airdrop to NFT creators who built on the blockchain.
The price is down around 10% since the token launch overnight, to a current price at the time of writing of $0.76, but the project attracted more than $4 million in volume after listings on major exchanges such as Huobi, KuCoin, Bybit and FTX.
However, there are two big caveat that could restrict the growth of the coin in the coming days and weeks – US residents were not eligible for the airdrop, presumably over regulatory concerns and it is not yet clear how many tokens were sent out to holders.
Nevertheless, the project remains an intriguing one, especially given the rise of Solana NFTs in recent weeks.
High-profile projects such as y00ts, DeGods and ABC have attracted big volume and liquidity away from Ethereum-based NFTs, which can still attract large transaction (gas) fees upon purchase.
Metaplex is a decentralized collection of tools and smart contracts designed to help developers launch their NFT collections and projects more easily.
The project claims to have already had 19 million NFTs minted via the protocol, accounting for total sales of $3.4 billion, while it attracted a huge $46 million of investment – from the likes of NBA legend Michael Jordan and crypto heavyweights Alameda Research and Animoca Brnads – at the start of 2022.
The MPLX token, with a max supply of 1 billion, will act as governance token via a decentalized autonomous authority (DAO), with token holders able to vote on proposals regarding the protocol and has just been listed on
Sweat Economy (SWEAT)
SWEAT is a new coin listing on Huobi, KuCoin, Gate and FTX that already has a market cap of nearly $100 million and a daily volume of $17 million, trading at around $0.05.
Launched last week, the Sweat Economy promises to be a ‘move-to-earn’ project that essentially rewards physical activity – whether that is just walking or heavy gym sessions.
First launched as a Web2 app in 2016, Sweat has now come to Web3 already boasting 110 million users worldwide, while 13 million digital wallets created in the four months after the Web3 project was first announced.
The non-crypto Sweatcoin, which in September 2022 was ranked as the most downloaded health & fitness app in 58 countries, can now be converted to SWEAT, a token built on NEAR protocol with a 2 billion max supply.
The project is led by an extremely experienced team, with London-based Russian founders Oleg Fomenko and Anton Derlyatka previously holding senior positions at Visa, Coca Cola and Pepsi.
They claim that users of the app increase their activity by an average of 20% and have also partnered with the UK’s National Health Service to help ease the burden on global healthcare systems.
Bitzen.Space (BZEN)
Bitzen is a crypto platform that offers a variety of ways to generate passive income on thier app, by incorporating Learn & Earn, Play to Earn and Business to Earn elements.
Built on the Binance Smart Chain, BZEN is currently only trading on PancakeSwap and Bitmart. However, the token is up nearly 20% since launch, to a price of $0.007, with a 24hr trading volume of $4 million.
The coin, which has a relatively small max supply of 1 billion coins, got huge attention after its initial exchange listings, pumping 600% and reaching the top spot on DexTools over the weekend – although that has scaled back since.
The project has a large social media following and passed the smell test on TokenSniffer and an audit on PinkSale, although the team is not fully doxxed.
Raresama (POOP)
Raresama is a new NFT marketplace built on the Polkadot blockchain and is governed by the wider Moonsama Multiverse community, which also incorporates Exosama.
With a doxxed leadership group, the project also previously announced a partnership KILTProtocol and its Sporran Wallet and SocialKYC credentials, allowing users to sign in with only their wallets instead of usersnames and passwords.
They claim the announcement will have a ‘revolutionary’ impact on the NFT and metaverse space and could even allow for linking to social media profiles in future.
Moonsama wants to “enable the on-chain and off-chain worlds to work in perfect harmony”, by developing what they have dubbed a ‘Multiverse Bridge’.
Raresama is an interesting project to further research despite the jarring name of its $POOP token. The coin, which has 50% of its 1 billion supply in circulation, is so far only listed on StellaSwap and BeamSwap with a small 24hr volume of around $500k.
It will be a project worth keeping an eye on ahead of listings on bigger exchanges.
Related:
- 6 Crypto That Could Bounce Back After the Crypto Crash
- Lucky Block Price Could Surge as 1% Burn Program Nears
- Does ETHPoW Huge 40% Dump to $4.97 Mean Buy Now or Steer Clear?
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption
This article was written for Business 2 Community by Tom Sheen.
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