The cryptocurrency market has risen by 1% in the past 24 hours, with its total cap reaching $973 billion. This is a 2.7% drop in a week, but it also represents an increase of 3.6% since the market hit a two-month low yesterday of $939 billion.
Smaller altcoins are mostly responsible for this modest increase, with many of the major cryptocurrencies (e.g. bitcoin and ethereum) remaining down in the past week. Accordingly, this article collects some of the best new crypto ICOs for big profits, highlighting newly launched coins that have just gained listings after successful presales.
New Crypto ICOs for Big Profits 23 September
Fresh from a hugely successful presale, TAMA is the native token of the pet-themed Tamadoge metaverse/play-to-earn game. Based on Ethereum, Tamadoge will enable users to mint NFT-based pets, raise them and use them to battle against other players.
TAMA’s presale ended a few days ago, having raised an impressive $19 million. It had intended to raise only $2 million, with the big difference between its initial target and final outcome suggesting that the market is very interested in its and its native platform.
Now that TAMA has finished its token sale, it’s on the brink of announcing its first major CEX listing. This announcement will be made at 12pm BTS (1pm UTC), with the actual listing likely to follow in a matter of days afterwards.
Even though it’s ostensibly a meme token, Tamadoge’s use of a play-to-earn gaming metaverse makes it one to watch. Once launched, it will give users the chance to battle their Tamadoge pets and earn rewards for doing so. In addition, players will also be able to sell their NFT-based Tamadoges on the secondary market, offering real potential for profits.
With already more than 68,000 users on Twitter, it’s very arguable that Tamadoge will attract plenty of players once its metaverse goes live. This is why it’s one of our chosen new crypto ICOs to buy now.
Mugen Finance (MGN)
Listed only a few days ago, MGN is up by 9.5% in the past 24 hours, at $113.96. This is a 14% jump since it reached an ‘all-time low’ of $99.83 yesterday, but an 11% loss since its ‘all-time high’ of $128.57, set on Wednesday.
Listed on Uniswap, MGN is the native token of the Mugen Finance. The latter is an Arbitrum-based yield aggregator that uses cross-chain messaging in order to enable users to gain access to multiple yields from multiple networks.
Since going live, Mugen has already attained $1 million in total value locked in. This is a very modest number compared to TVL for chains like Ethereum and BSC, but it represents impressive growth for a newborn platform.
Mugen Finance has also just launched its core staking feature, which users can harness to stake across multiple chains. Given that this is one of its main selling points, it’s likely that its rollout will attract more adoption of Mugen. And by extension, increased demand for MGN.
Listed a couple of days ago on CoinMarketCap, LUMIII has risen by an impressive 30% in the past 24 hours.
Running on Polygon, Lumiii offers an interesting mix of entertainment products. It markets itself as an “tween anime” and “lifestyle brand” that DeFi, learn-to-earn gaming and interactive storytelling.
As an indication of its early popularity, Lumiii’s token sale on CoreStarter sold out in 24 hours, ending yesterday. It has now received its first listing, on the QuickSwap decentralized exchange.
Looking at the bigger picture, Lumiii ecosystem has been conceived as a way to “help educate and onboard families into web 3.0.” While still very young, it plans to branch out into various areas, with its platform incorporating “short-form and long-form narrative content, play-to-earn and learn-to-earn gaming, NFTs, AR Metaverse and family DeFi platforms, and consumer packaged goods.”
Its native token, LUMIII, has a total maximum supply of 10 billion. Aside from being used for community governance, it will also be usable for on-platform purchases, transaction fees and for engagement rewards.
PIX is up by 11% in the past 24 hours, at a price of $0.00243. It began being tracked by CoinMarketCap only five hours ago, and was listed by KuCoin on Tuesday.
Pixie describes itself as the “first fully-functional” decentralized and crypto-based photo and video sharing social network (although this isn’t actually true, what with platforms such as Steem and Voice beating it to the punch). To this end, it rewards users — in PIX — who create content on its platform and who interact and engage with the content of others.
The Pixie app can already be downloaded from the Google Play Store and Apple App Store, and has encouragingly already garnered over 100,000 downloads on Google’s platform. For such a young platform, this is an impressive number, and suggests that Pixie can grown from strength to strength now that it has recently listed its native token.
Ultimately, Pixie aims to create a social media-based crypto-economy, in which higher quality content and creators earn more PIX. Within its ecosystem, users can also use PIX to create NFTs, which can then be sold on.
Battle Infinity (IBAT)
Listed at the end of August, IBAT has risen by 5% in the past day. However, at $0.00327751, it’s down by 1% in a week and by 13% in a fortnight. That said, it has traded within a relatively narrow range since launching, which is something that can’t be said for all new ICO coins.
IBAT closed its successful presale at the end of last month, raising more than $4 million in a couple of weeks. Since then, it has received listings on PancakeSwap, LBANK Exchange and Coin98, which is no mean feat.
Running on Binance Smart Chain, IBAT is the native token of the Battle Infinity sports-themed gaming metaverse. The latter will feature a variety of NFT-based games, including the IBAT Premier League, which enable users players to build — and compete with — their own fantasy sports teams made up of NFTs of real-life athletes.
In time, Battle Infinity will also grow to incorporate other crypto and NFT-based games, while it will eventually add its own DEX and NFT marketplace. In addition, it’s about to launch its own staking feature, which will go live over the weekend.
As a whole, such features suggest that Battle Infinity could end up becoming a large and successful gaming ecosystem. This is why IBAT is included among this list of new crypto ICOs.