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New Cryptocurrency Releases, Listings and Presales Today – Stohn Coin, FrontFanz, Multibit

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Every day, our team reviews new cryptocurrency releases that have recently launched on crypto exchanges and upcoming token presales.

Binance Japan recently broadened its platform, introducing 13 new cryptocurrencies and expanding the total token count to 47. This development triggered a notable upswing in Render (RNDR/USDT), one of the newly added coins, propelling it to a 19-month high with a remarkable 60% surge within five days.

The surge was anticipated, given RNDR’s relatively stagnant performance over the preceding two weeks. The optimistic sentiment among investors, fueled by Binance Japan’s listing, has been a pivotal driver for this heightened demand.

New Cryptocurrency Releases, Listings and Presales Today

Notably, Binance Japan’s strategic expansion holds significance, marking the company’s reentry into the Japanese market after navigating regulatory challenges in 2021. This resurgence suggests a positive trajectory for bulls in the long-term perspective.

The robust 60% gain within a brief period underscores the market’s responsiveness to platform developments and renewed interest in a token previously experiencing limited movement.

Like Render, we’ve seen the newly listed tokens on CMC experiencing some uptrends after being listed. This article explores some of the new cryptos that have shown significant signs of surging in the future.

1. Stohn Coin (SOH)

Stohn Coin emerged as a peer-to-peer digital currency. It distinguishes itself through a decentralized, community-driven blockchain and a Script-based mining algorithm, emphasizing the traditional proof-of-work (PoW) model. With a commitment to complete decentralization, Stohn Coin stands out by avoiding pre-mined coins or centralized distribution.

The native utility coin, SOH, is pivotal in rewarding miners for securing the blockchain, facilitating user transactions, and incentivizing contributions to network integrity and decentralization.

Stohn Coin price

Stohn’s infrastructure encompasses an open-source mining community, a blockchain explorer, mining pools for collaborative efforts, and command-line interface (CLI) tools for efficient network interaction.

The current circulating supply of 15,000,000+ SOH and a maximum cap of 40,000,000 SOH reflects a well-considered approach to sustainability and scarcity. The gradual reduction in mining rewards over time further aligns with the coin’s long-term economic stability.

However, potential investors should approach with diligence, considering the dynamic nature of the crypto landscape and the need for ongoing research, especially in the mining and trading domains.

The SOH coin is mined with the LWMA3 mining difficulty algorithm, which is designed to adjust the mining difficulty to maintain consistent block times and network stability. SOH can be drilled on various platforms that support the Script mining algorithm. Miners are encouraged to join the network and contribute to its security and decentralization. 

Today’s live Stohn Coin price is $0.028317 with a 24-hour trading volume of unavailable. Stohn Coin is up 66.51% in the last 24 hours. The current CoinMarketCap ranking is #8831, with a live market cap of unavailable. The circulating supply is unavailable, and a maximum supply of 40,000,000.

2. FrontFanz (FANX)

FrontFanz introduces a Web3 subscription platform underpinned by its native token, $FANX, offering a novel approach to live stream and video subscriptions. The platform facilitates direct transactions between creators and users, eliminating traditional banking intermediaries.

Creators can monetize their content without external constraints, while users can anonymously subscribe to their preferred creators, earning $FANX tokens and NFT rewards. The strategic partnerships with top talent agencies, OnlyFans agencies, camming studios, and influencers position FrontFanz as a comprehensive ecosystem ready for implementation.

FrontFanz price

The platform aims to pioneer disruptive tools for a permissionless subscription model, empowering creators to produce and monetize content while safeguarding against de-platforming and demonetization risks.

Notably, FrontFanz emphasizes authentic engagement between creators and their audience, fostering seamless, intimate peer-to-peer interactions.

The platform’s commitment to enabling genuine connections and its innovative token economy make it an exciting consideration for investors seeking projects aligned with the evolving dynamics of Web3 and content monetization. 

However, potential investors should exercise careful consideration given the competitive landscape and the need for sustained adoption in the rapidly growing crypto space.

FrontFanz is a web3 subscription platform that offers cutting-edge live stream and video subscription features. The platform uses $FANX for its end-to-end token economy. This setup allows creators to sell their content online without banking intermediaries. Users can anonymously subscribe to their favorite creators and earn $FANX tokens and NFT rewards for using the platform.

Today’s live FrontFanz price is $0.015236, with a 24-hour trading volume of $239,483. FrontFanz is down 21.96% in the last 24 hours. The current CoinMarketCap ranking is #2641, with a live market cap of unavailable. The circulating supply is unavailable, and a maximum supply of 106,590,000.

3. Multibit (MUBI)

MultiBit is a pioneering dual-sided bridge facilitating seamless cross-network transfers between BRC20 and ERC20 tokens. The core mission centers on fostering increased liquidity and accessibility for these tokens, ultimately enhancing cross-chain interoperability.

By streamlining the token transfer process between Bitcoin’s BRC20 and EVM networks, MultiBit stands out for its unique dual-sided bridge feature, allowing effortless transfers in both directions. The user-centric design is evident in the MultiBit Bridge, prioritizing safety and ease for users engaging in cross-chain token transfers.

Multibit price chart

MultiBit aims to eliminate barriers between BRC20 and Ethereum ecosystem tokens in a landscape often marred by interoperability challenges, presenting a pragmatic solution for those seeking streamlined and secure cross-chain transactions.

MultiBit is the first-ever dual-sided bridge designed for easy cross-network transfers between BRC20 and ERC20 tokens. Through promoting unmatched liquidity for these tokens, MultiBit heightens cross-chain interoperability. Our mission is simple: to foster increased liquidity and accessibility for BRC and ERC tokens in a secure and user-friendly manner. 

Today’s live Multibit price is $0.022871, with a 24-hour trading volume of $13,729,445.Multibit is down 19.00% in the last 24 hours. The current CoinMarketCap ranking is #2178, with a live market cap of unavailable. The circulating supply is unavailable, and the maximum supply is 732,283,940.

4. Launchpad XYZ (LPX)

Launchpad XYZ positions itself as a catalyst for accelerating mass adoption within the Web3 space, addressing new users’ common challenges in navigating the complex landscape of crypto tokens, NFTs, and crypto games.

The platform aims to serve as a comprehensive web3 portal, offering unbiased insights into various facets, including crypto tokens, NFT collections, information about new crypto games, presale projects, and fractionalized assets.

With an all-encompassing approach, Launchpad XYZ plans to provide users with a web3 wallet, a decentralized exchange, and a trading terminal while leveraging artificial intelligence. Designed to cater to retail customers and large multinational companies entering the space, the platform demonstrates a commitment to inclusivity.

Developed by a doxxed and KYC-verified team with extensive industry experience, Launchpad XYZ has raised around $2 million in its presale. While certain functionalities are expected in the mid to long term, the transparency of the team and the early success of features like the alpha Telegram signals group contribute to its appeal.

Prospective investors should, however, note the project’s developmental timeline and evaluate it based on their investment horizon and risk tolerance.

Visit LaunchpadXYZ presale

Read More

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