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Crypto prices have switched bullish over the past 24 hours after a recent market downturn. While this indicates we could see another leg up in the coming days and weeks, not all projects will perform equally.
Most often, the best cryptos to buy as the market turns bullish are newly launched projects yet to pump. Therefore, this article provides the five best new cryptos to buy now. We consider market trends, price, utility, and tokenomics.
Bitcoin ETF Token: Stake-to-Earn Presale With Deflationary Mechanism Focused on Bitcoin ETF Approvals
The main reason for the recent surge in crypto prices is excitement about the anticipated Bitcoin ETF approvals, which could occur by January. This will move crypto closer to mass adoption, enabling people to buy Bitcoin through a traditional equities brokerage.
In response, a team of trend-savvy devs have released Bitcoin ETF Token, attempting to harness the excitement for massive gains. So far, it has proved in popular demand, raising $800K in one week.
The project will burn 25% of its supply in five stages, aligning with key Bitcoin ETF events. It also features a 5% burn tax on each transaction, making the token deflationary by reducing its supply over time. This will likely bolster its price while encouraging long-term holding.
This will induce scarcity while market excitement is highest, potentially leading to astronomical gains.
Moreover, Bitcoin ETF Token features a staking mechanism offering a 300% annual percentage yield (APY). Staking is already live, meaning presale buyers can start compounding their investment immediately. However, they should hurry as the APY will decrease as the staking pool grows.
The project also features a Bitcoin ETF news feed, delivering the most crucial market developments to one dashboard, aiming to foster an active and engaged community.
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Meme Kombat: Multi-Purpose Meme Coin With Gambling Utility and 630% Staking APY
Meme Kombat is a newly launched presale, blurring the lines between crypto gambling and meme coins, tapping into two vast communities for massive upside potential.
With Meme Kombat, users can gamble on the outcome of AI-generated battles between meme coin characters. Interestingly, its foundation in AI also opens the door to other potential use cases while giving it some price exposure to the prominent AI trend.
Users require the $MK token for gambling and can also stake it to earn a 630% APY. These two utilities prove a significant advantage compared to other meme coins, which only benefit from hype-driven demand, although Meme Kombat also benefits from that.
While it is categorically a meme coin, Meme Kombat’s gambling and gameplay mechanisms should not be underestimated. It leverages traditional odds mechanics, provides multiple game modes (single and multiplayer), and features various characters and seasons to deliver an immersive and engaging user experience.
Given its combination of an innovative use case, compelling tokenomics, and relevance to two of crypto’s hottest trends, it is no surprise that the presale has surged past $1.7 million in seven weeks.
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TG Casino: KYC-Free Telegram Casino With 25% Cashback on Losses and 254% Staking APY
As mentioned, the crypto casino trend is thriving at the moment. It currently holds a $800 million total market cap but has much room for growth, with the broader casino industry holding a $263 billion valuation.
Crypto casinos provide significant advantages over legacy casinos, and the new presale TG Casino supercharges these benefits.
The project is currently undergoing a presale, raising $2.1 million in just eight weeks, indicating the community’s interest. Moreover, it has been backed as the next crypto casino to explode by top media outlets like Cointelegraph, Crypto News, and Coinspeaker.
It is a Telegram-native casino, meaning users can gamble directly from the Telegram app. This delivers a seamless user experience and makes it accessible to the application’s one billion users.
Furthermore, it is KYC-free, and users can get started without an account – simply connecting their Ethereum-compatible wallet to the platform instead. This is a significant benefit over current market leader Rollbit, which is severely criticized for its tiresome signup and KYC process.
Another advantage is that TG Casino is regulated and licensed, whereas Rollbit is not. This makes TG Casino safer and more secure, potentially rendering it a better option for casino users, equating to more demand for its utility token, $TGC.
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Bitcoin Minetrix: Groundbreaking Protocol That Reshapes Crypto Mining
Bitcoin Minetrix is a new Bitcoin mining solution that looks to change the industry forever with its accessible and convenient way for users to earn free Bitcoin effortlessly.
It is based on a cloud mining premise, where users stake $BTCMTX tokens on its Ethereum-based platform in exchange for mining credits. They can then burn these credits for cloud mining power, equating to free Bitcoin.
This means anyone can mine Bitcoin without technical expertise, hardware, or overhead costs, three requirements that have previously been massive barriers to adoption.
Moreover, the decentralized and transparent nature of $BTCMTX eradicates the risk of cloud mining scams, making it one of the most secure cloud mining solutions available.
Considering its vast benefits and $BTCMTX’s central role in the operation, it will likely fare in high demand and low supply. The supply will be limited since users need to stake tokens to earn Bitcoin, but rewards will be paid out in mining credits, not $BTCMTX.
These factors have led to massive hype and a monumentally successful presale, raising $4 million in six weeks. However, with the presale selling out fast, those looking to buy must act quickly to not miss out.
Visit Bitcoin Minetrix Presale
Cardano: Ethereum Competitor With Growing TVL and Lower Transaction Fees
Over the past month, one of the best-performing cryptos has been Solana, up 163%. This is because of its lower transaction fees and improved speed compared to Ethereum while also boasting a vibrant community and ecosystem.
While its recent pump may be rightly earned, one project boasting stronger fundamentals is Cardano.
Like Solana, Cardano is significantly focused on scalability. However, it also boasts an advantage over Solana in that it is actually more decentralized. This is important since centralization is one of Solana’s main drawdowns.
Moreover, the project’s total value locked is currently climbing, indicating a strengthening ecosystem and community interest.
As seen on Cardano’s Price to TVL chart above, there is currently the biggest-ever gap between its price and TVL, indicating this could be one of the best times to buy ADA.
Its price has already begun reacting to these bullish fundamentals, up 57% this month.
Still, it retains notable growth potential because it is only up 19% this year. Meanwhile, market leaders have pumped significantly more.
It currently holds a $13.8 billion market cap with a $685 million 24-hour trading volume.