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We explore some of the newest cryptocurrency releases, recently listed on exchanges and featured on CoinMarketCap.
As the crypto market unfolds today, CoinMarketCap and other cryptocurrency exchanges welcome new tokens. This article takes a quick look at these new crypto projects and summarizes the details of each project.
Ultimately, the information contained in the article should give investors insight into the latest developments in the cryptocurrency market.
New Cryptocurrency Releases, Listings & Presales Today
Discovering a cutting-edge crypto project could be one of the best ways to earn significant returns as an investor. The downside is that these projects don’t show up too often. Presale provides an avenue for investors to have a closer look at projects and understand their potential. Today’s review features the SONIK presale, a crypto project that’s made a build promise to degen investors. The article provides additional females on the project.
1. Aquarius Loan (ARS)
Aquarius is a new cryptocurrency project that’s said to provide guaranteed liquidity for users. According to its whitepaper, the platform aims to provide hundreds of applications to ensure the sustainability of liquidity in the Crypto DeFi sectors. Furthermore, the information shared in its documentation states that the platform offers ARS earnings to users who hold their funds within the protocol. According to the platform, users can use their earnings as collateral or for other DeFi purposes. The platform page on CoinMarketCap provides additional information. A snippet of the details is featured below.
Aquarius Loan or Aquarius is a decentralized blockchain protocol that allows users to lend or borrow selected cryptocurrencies on the Core chain. It establishes money markets by pooling assets together and algorithmically setting interest rates based on the supply and demand of assets. To supply or lend crypto assets on Aquarius, users must deposit them into the Aquarius protocol, which will be aggregated into a liquidity pool. Once users have made the deposit, they will receive a token in return. Users will start accruing interest by holding the tokens. Once assets are supplied to Aquarius, users are allowed to use the assets as collateral. Based on the collateral factor of the assets deposited, users can start borrowing from Aquarius. Because Aquarius uses an over-collateralization model, you can never borrow more than what is collateralized.
ARS trades for $0.016362 today, with a trading volume of $24.68 in the last 24 hours. The new token ranks at #6887 as a computer from its price and max supply. Consequently, its max supply is pegged at 1 billion tokens, but information about its circulating supply remains unknown. ARS is featured on CoinMarketCap and is listed on LFGSwap (Core) and IceCreamSwap (Core).
2. Treat (TREAT)
Treat is the latest project in the Shiba Inu ecosystem. According to the information obtained from its website, the project is focused on achieving Ryoshi’s vision.
Ryoshi is the founder of Shiba Inu, and his vision was to create a platform that offers a globalized system of value exchange. Treat is offering to bring this vision to life through the TREAT cryptocurrency. One goal of the new project is to provide liquidity to the $SHI Stablecoin. Furthermore, its website also states that the new token will serve as the reward for the ShibaSwap and Meraverse. Additional information is provided in the CoinMarketCap summary below.
Ryoshi, the founder of Shiba Inu, has a vision of a globalized exchange of value where the core tokens SHIB, LEASH, BONE, SHI, and TREAT all perform their respective functions. We will explore the purpose and benefits of the $TREAT token and how it fits into Ryoshi’s vision. $TREAT is a new token introduced into the Shiba Inu Ecosystem. The token will serve multiple purposes, one of which is to provide liquidity to the $SHI Stablecoin. Additionally, it will replace the $BONE token as the reward token for ShibSwap and also provide rewards for the Metaverse and the blockchain version of the Shiba Collectible Card Game.
At press time, TREAT has a price of $0.001106. Also, its trading volume in the last 24 hours is $750,700. Despite being a member of the Shiba ecosystem, the token ranks at #2344 on CoinMarketCap. TREAT has a max supply of 3,333,333,333 with an undisclosed value of circulating supply.
3. LINQ (LINQ)
LINQ is a blockchain-based project that will revolutionize how people interact, transact and communicate in the decentralized space. From the information available on its website, the LINQ tram is working towards perfecting a utility platform that encompasses cryptocurrency solutions, including social networking. Excerpts from its CMC description are featured below.
Founded in 2023 by three visionary minds – At LINQ GROUP, we believe that the future of technology lies in the power of collaboration and decentralization. Our platform harnesses the potential of blockchain and cryptocurrency to create a seamless and secure ecosystem where users can build meaningful connections, engage in dynamic communities, and explore endless opportunities. At LINQ, we are proud to introduce an all-encompassing ecosystem that revolutionizes how you interact, engage, and transact in the decentralized world. We are meticulously developing a seamless utility platform encompassing various experiences within the DeFi, and social media industries. All are designed to provide you with an unparalleled experience.
LINQ’s price today is $0.038999, and its trading volume in the last 24 hours is $874,385. The new cryptocurrency ranks #2315 on CoinMarketCap based on its market cap. At press time, there is no information about the circulating supply of the token. However, its max supply is capped at one hundred million tokens. Besides being featured on CoinMarketCap, the new token is listed on Uniswap v2.
4. CyberConnect (CYBER)
Cyber is dubbed the Web3 social network. The project is initiating a platform that allows crypto developers to create social media apps. In the information gathered from its website, CyberConnect claims to give users the power to one their content, build meaningful connections, interact, and take charge of their digital identity. Further details obtained from its whitepaper reveals that the project uses the ERC-4337 Account Abstraction to provide opportunities for creators to onboard users to a better web3 experience. CoinMarketCap offers additional information about the project as a snippet of its description features below.
CyberConnect is a web3 social network that enables developers to create social applications empowering users to own their digital identity, content, connections, and interactions. CyberConnect is designed to power the next stage of hyper scalability for web3 social dApps and give users a social networking experience that feels familiar to web2. The project consists of three main components: CyberAccount, an ERC-4337-compatible multi-chain account system that provides seedless and gasless user onboarding; CyberGraph, a censorship-resistant smart contract to record users’ content and social connections with built-in monetization tools; CyberNetwork, a gas-efficient and scalable L2 network to bring web3 social to the world. CyberConnect is backed by Binance Lab, Multicoin, Animoca Brands, and Sky9, among other top investors, and has raised over $25 million from two fundraising rounds. The project also raised $5.4 million from public sales on Coinlist.
At the time of publication, CYBER has a price of $4.78, and its trading volume is valued at $126,458,492. According to CoinMarketCap data, the new token has a market cap of $52,762,107 and currently ranks at #355, based on its market cap. The circulating supply of CYBER is 11,038,000 tokens, and its max supply is pegged at 100 million tokens. CYBER is listed on Binance, LBank, Bitget, Bitrue, and Bybit.
5. SONIK (SONIK)
Degen investors should get ready to welcome a new memecoin into their portfolio. The only difference is that this time, it is coming to the market on steroids.
The SONIK crypto project recently launched its presale to raise $2,098,547. At press time, investors are already piling up on the waitlist, waiting for a piece of the new crypto sensation in the memecoin category.
🚀 Welcome to the world of $SONIK! 🦔💨
Get ready to experience the fastest #Crypto meme coin in action! 🔥
— SONIK COIN (@Sonikcoin) August 3, 2023
Some things that differentiate the SONIK project include its biases towards fun and speed. According to its presale page, the project aims to become the fastest token to reach a 100m market cap. With the right strategy, team, and committed community, the vision is not impossible.
Additionally, the SONIK features the STAKE-2-SPEED opportunity that allows investors to earn passive income from their tokens with impressive APY%. It’s a move that most memecoins projects often leave out.
Thus, the platform invites degen investors to come on board and become a part of the drive. Currently, the SONIK token goes for $0.000014 at presale.
Its tokenomics is more geared towards the prosperity of the community. The total supply of SONIK is pegged at 299,792,458,000. Moreover, 50% of the supply is air marked for the presale program. 40% is set aside for staking, and the remaining 10% provides liquidity.
Details of the project and other highlights are available on the presale page.
Visit SONIK presale
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