Despite a modest recent rise, the outlook for cryptocurrencies is still negative. This temporary respite has provided investors with a welcome opportunity to pour money into the market for digital assets.
Recently, $FARM, a new meme token, has attracted a lot of attention and seen a value increase of more than 50%.
Investors are eager to buy another newly-listed funny cryptocurrency since meme currencies have been at the centre of numerous recent market upswings.
But astute investors are aware usefulness is paramount to the acceptance and expansion of any blockchain enterprise.
Because of this, a lot of analysts and crypto professionals are thinking about $YPRED, $LPX, and $MAGIC as potential altcoins to watch in the near future.
Freshly Listed $FARM Gains 50%+ in Ten Hours
Investing in new tokens prior to their broad adoption is one clever approach to make significant gains in the cryptocurrency market.
Following its early-morning launch on DEXTools today, the recently-listed meme coin DogeFarm ($FARM) offers this fantastic chance.
Within a short period of time, $FARM increased to 59.6%, reaching a record high of $0.01036.
As investors take gains, the price of the $FARM coin has dropped from its record high (ATH) value to $0.00002888 at the time of publication, a decrease of 59.02%.
DogeFarm is centred on a loose-knit community, similar to most previous meme ventures.
The project’s recent decline is predicted given the poor performance of the overall crypto market.
Utility-driven currencies are now receiving the attention they well deserve during this down market, as investors aim to profit from future projects that have a lot of potential.
yPredict: All-In-One AI Ecosystem
The IT industry’s obsession with artificial intelligence (AI) has exploded since the year 2023 began.
The introduction of AI-powered goods and services has been made by several corporations, including Microsoft, Amazon, Google, and Apple.
The cryptocurrency project, which also uses the well-known Shiba Inu mascot as its mascot, has brought in more over $1.3 million in daily trade activity over the last 24 hours. But this happiness didn’t last long.
However, this novel idea is still light years away from reaching the financial sector. Nonetheless, a blockchain startup called yPredict is taking advantage of this chance to disrupt the mould.
yPredict, which was launched on the Polygon network, is an AI-powered decentralized protocol designed for analysts and quants by the top 1% of AI developers.
It gives customers direct access to advanced algorithms that can help them make smarter financial decisions.
This platform provides real-time AI trading signals, sentiment analysis, technical data, and chart recognition patterns for digital asset trading.
Furthermore, the initiative is eager to recruit sectors and businesses to its platform, which has a cutting-edge predictive and data analytics interface.
Meanwhile, yPredict is powered by the $YPRED deflationary token. The AI-powered digital token is presently in its sixth presale session, having raised more than $2.27 million in a short amount of time.
The yPredict protocol should be considered by early-stage investors looking for the next generation of blockchain-powered assets.
For the time being, the $YPRED asset is trading at a presale price of $0.09 until its next price increase in six days.
Launchpad XYZ: Web3 Ecosystem Entry Point
Many traditional investors have shied away from the cryptocurrency business, owing to regulatory uncertainties and the substantial knowledge required to operate in this market.
Furthermore, the extreme volatility and frequent price variations of digital currencies offer considerable issues. These concerns are addressed by the Launchpad XYZ project.
The goal of Launchpad XYZ is to onboard the subsequent generation of Web3 investors by offering consumers a simple-to-use learning paradigm and interface for navigating the cryptocurrency market.
Investors may access all the hardware and software they need on the platform to thrive in the cryptocurrency market.
For freshly released Web3 tokens, Launchpad XYZ serves as a launchpad or springboard as well.
Investors may quickly purchase new tokens in this fashion before they go public on cryptocurrency exchanges or aggregator websites like CoinMarketCap and CoinGecko.
As such early-bird coins have the potential to rise enormously post-presale, this will considerably increase investors’ profitability index.
Along with this, Launchpad XYZ offers traders a trading station and data analytics on all prominent crypto currencies.
The network also has a decentralized exchange (DEX) where users may access more Web3 currencies, offer liquidity, and earn tokens.
The $LPX token, which has already raised more than $953,000 during its presale session, powers Launchpad XYZ.
Prior to its public debut, early investors can purchase $LPX at its current presale price of $0.0445.
Treasure ($MAGIC): Video Game NFT Console
One of the top five trending tokens on DEXTools at the moment is $MAGIC, one of the greatest $FARM substitutes.
For the Treasure blockchain technology, $MAGIC is the native token.
The crypto token fulfills numerous functions. It may serve as a transactional mechanism as well as a stakeable asset.
Through creativity, $MAGIC, and non-fungible tokens (NFTs), the Treasure system functions as a decentralized video game console that connects games and communities.
The project was originally developed as a Loot metaverse version on the Ethereum network, but it has lately switched to the Arbitrum network, which offers a layer-2 scaling option.
Now that the Treasure ecosystem has been developed, many of the most well-known play-to-earn games are supported by $MAGIC tokens.
The goal of the project team is to provide a method through which communities may launch fresh, decentralized metaverses.
Additionally, the platform has a decentralized autonomous organization (DAO), in which $MAGIC plays a significant role in terms of governance.
