The crypto space can be like a Wild West gold rush, with gold rush towns popping up overnight and new prospectors striking it rich every day. But while the crypto frontier may be exciting, it can also be treacherous. Scammers and snake oil salesmen lurk around every corner, looking to take advantage of unsuspecting investors. So, how do you separate the wheat from the chaff when it comes to new cryptocurrency launches, and what are some of the best new cryptocurrency launches to invest in, in 2023?
Since #FTX’s collapse, the #Treasury is implementing new #regulations in the #crypto industry and putting plans in place in case of company #collapse. The aim is to provide a framework for the UK to become a #global crypto #hub and encourage #innovation https://t.co/EzchTt5LQR
— Greengage (@GreengageCo) January 9, 2023
One of the most important features of cryptocurrency is that it’s based on open-source technology. This means that it’s easy to launch a new cryptocurrency by copying an existing project’s code and making modifications to it. The new blockchain that is created as a result is distinct, but it shares many or all of the same underlying technical features as the original blockchain.
Another way to launch a new cryptocurrency is through a contentious “fork.” This occurs when there is a disagreement among the community about the direction of a blockchain and a change in the blockchain’s protocol is made, creating a new blockchain.
Additionally, certain blockchains are designed to host other cryptocurrencies or tokens. Developers can launch new cryptocurrencies on these existing blockchains easily. There are even services that can help launch a new token in minutes, without requiring any technical expertise. This is partly why, as of January 2023, the number of cryptocurrencies listed on CoinMarketCap surpassed 23,000, a large portion of which are copies of existing tokens.
Avoiding Scam Cryptocurrency Launches in 2024
While many new cryptocurrencies are legitimate, there are also many scams that are launched. These scams are intended to make a quick profit while hiding behind the anonymity of the blockchain. To protect yourself from potential scams, ensure that the projects you invest in are compliant with regulations and research the individuals behind the project to confirm their identities and track records of success.
Also, consider if the proposed use cases of the projects offer genuine solutions to real problems, as many projects may not have real value and are merely attempting to profit from the blockchain hype cycle.
For those interested in potentially lucrative investment opportunities, presales of emerging cryptocurrencies can be an option to explore, as long as you do your due diligence. Careful investments made at the right moment can result in significant returns.
Promising altcoins that fulfill the above-mentioned criteria for good crypto launches to invest in, which are set to be available on exchanges in 2023 include D2T, FGHT, CCHG, RIA, and TARO. Take advantage of their current lower prices during their presales and get a jump start on potential future profits.
Dash 2 Trade (D2T): Cryptocurrency Launched in February 2023
Dash 2 Trade, a crypto trading and analytics platform, will soon be launching a game-changing toolset designed to revolutionize the way that crypto traders approach the market. The cutting-edge platform offers a comprehensive suite of tools for trade analysis and real-time sentiment monitoring that are aimed at helping investors guard against fraudulent actors while providing access to a knowledgeable community–which will be seeded with 70,000 Learn 2 Trade members from the project’s parent company.
The platform will offer two different payment tiers, allowing subscribers to access advanced tools that give them a competitive edge in their trading. With the help of these tools, traders can stay ahead of the curve by monitoring listings for new coins, understanding market sentiment through social sentiment indicators, and evaluating projects based on growth prospects and potential performance.
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️ Subscription: 07:00 AM, Jan 10-Jan 11 (UTC)
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— Gate.io Startup (@Gateio_Startup) January 9, 2023
One of the most valuable features of the platform is its auto-trading system, which allows traders to connect to exchange APIs and quickly act on the data they receive. Additionally, the platform offers a strategy back-testing tool that allows traders to simulate trading before going live, as well as the ability to analyze strategies in real time and make adjustments as necessary.
The presale for Dash 2 Trade tokens sold out quickly, but the team has decided to offer up to $2 million worth of additional tokens–but the oversold round only has hours left, so investors looking to take a position should act quickly.
Fight Out (FGHT) Cryptocurrency Launched Later in 2023
In a world where technology and fitness are converging, a new app and gym chain called Fight Out is set to revolutionize the way we work out. Developed by a team of experienced professionals that have been vetted by CoinSniper, the move-to-earn (M2E) app is poised to take the fitness world by storm.
Fight Out is not your typical workout app. It uses blockchain technology to create personalized digital profiles for each individual, developing custom workout plans that are tailored to each user’s needs. The app also rewards users with REPS tokens for reaching their fitness goals, which can be used to obtain discounts on subscriptions, training sessions, apparel, and nutritional supplements.
Fight Out has plans to build physical gyms in key locations around the world, featuring state-of-the-art amenities such as “mirrors” that display members’ profiles and sensors that provide real-time feedback on exercises. This will take the experience of working out to a whole new level, making it more interactive and engaging.
The project has already attracted some big names in the fitness and sports world. Fight Out has partnered with renowned athletes in their ambassador program, including Amanda Ribas and Taila Santos from the UFC, as well as Savannah Marshall, the former WBO middleweight champion. This boosts the project’s reputation and allows users to access exclusive content directly from these professionals. It has also been ranked by Coindex as the second-best crypto presale in Q1 of 2023.
Fight Out is set to make a big impact in the years ahead and its token is already in high demand. With the necessary components in place to gain a foothold in the crypto market by the end of 2023, investors have a great opportunity now to acquire tokens during the presale and receive up to 50% bonuses on investments above $50,000.
Investors Getting Charged Up for C Charge (CCHG)
In the ever-evolving world of technology, one startup is set to make waves with its cutting-edge peer-to-peer payment system and rewards app for EV charging. C+Charge, which employs blockchain technology, is looking to upend the way electric vehicle (EV) owners charge their cars by making the process easier, more transparent, and cost-effective.
With C+Charge, EV owners will no longer have to wait in long lines at charging stations or pay exorbitant fees associated with traditional payment methods. Additionally, by using the app, they can earn carbon credits for their efforts to help the environment.
The app’s innovative platform allows EV owners to calculate their charging costs with precision, resulting in greater affordability and transparency. Furthermore, landlords and businesses can now install EV charging solutions at their venues without worrying about increasing costs for non-EV drivers. C+Charge enables them to monitor energy consumption for each EV that charges there, ensuring that only the EV drivers pay for the electricity they consume.
This is a major breakthrough for property owners who have been hesitant to install EV chargers in their venues due to the added costs for non-EV drivers. With C+Charge, they can introduce chargers without imposing additional fees, encouraging more widespread adoption of EVs.
C+Charge also offers rewards systems for EV owners, cost savings opportunities, and educational resources, making it one of the few projects in the blockchain space to provide a real-world use case in a rapidly growing industry.
Investors can take advantage of the opportunity to secure C+Charge tokens at an introductory rate of $0.013 USDT per token before the presale enters later stages, where prices will rise over three additional stages to $0.02350. With its innovative approach to EV charging, C+Charge is positioning itself as a leader in the industry and a worthy investment opportunity when the cryptocurrency launches in 2023.
The cryptocurrency space is constantly evolving and new cryptocurrency launches in 2023 will be a mixed bag, as always. It’s important to be aware that many of these new launches are blatant copies of existing projects that offer nothing new, or worse yet, scams. To protect yourself from potential scams, conduct thorough research on the projects you’re considering investing in and to ensure they are compliant with regulations.
C+Charge - Eco Friendly Crypto with Real World Utility
- Democratizing Carbon Credits
- Incentivizing Wider Adoption of EVs
- Real Life Use Case for Web3 Technology
- First Platform Allowing EV Owners to Earn Carbon Credits On or Off Chain