New cryptocurrencies launch, listing and pre-sale today – ChainSwap, Spacemesh, Peng

adminMarch 14, 2024

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Investors are updating their portfolios amid optimism surrounding the upcoming Bitcoin halving. This surge has led to increased interest in the altcoin market, especially in areas such as AI, gaming, and meme coins. On this note, investors look for coins within the sector to capitalize on the expected upside.

As well as, New tokens and pre-sale It is also enjoying the current rally wave. This analysis examines utility, performance metrics, and noteworthy developments within these coin markets.

New cryptocurrency launches, listings and pre-sales today

Bitcoin Minetrix’s Stage 31 presale brought in over $12.1 million, demonstrating the growing acceptance of the cryptocurrency. Meanwhile, another milestone was achieved. Bitcoin has reached an all-time high. Cryptocurrency markets are seeing record inflows. This is the third such surge in five days, prompting some traders to take advantage of the recent gains.

1. Space Mesh (SMH)

Some projects in the cryptocurrency space have primarily focused on solving key problems such as energy consumption and accessibility. Spacemesh, a project that aims to build an energy-efficient, distributed, and secure global computer for smart contracts, has made progress in this direction.

One of the core components of Spacemesh is the consensus protocol. The protocol replaces the energy-intensive Proof-of-Work (PoW) with the more environmentally friendly Proof-of-Space-Time (PoST). Likewise, users can contribute to network security by utilizing unused storage space on their hard drives. Unlike other alternatives, Proof of Stake (PoStake) does not require users to stake large deposits upfront.

SMH price chart

The Spacemesh team has focused on improving the performance and functionality of the network in recent updates. This includes improvements such as turning off certain features such as mainnet-poet-2 and fixing hardware issues in poet-110. The team is also working on API v2 integration, fine-tuning multiple post services, and improving sync functionality.

Additionally, efforts are underway to improve the user experience by developing features such as future-era ATX and an explorer that displays Smasher IDs. This increases transparency and allows users to better understand network operations.

🔥 Status update from the Spacemesh development team 🔥
Our main focus over the past few eras has been to rapidly upgrade our network to keep up with continued and realized growth. To recap last week:
🔷 mainnet-poet-2: Disabled this poet. Removed from… pic.twitter.com/R4l8hWDfxD
— Team Space Mesh (@teamspacemesh) March 6, 2024

Regarding the market performance, the current price of Spacemesh is $5.70, with a slight increase of 0.06% in the last 24 hours. This indicates stability and gradual growth of the project value. In summary, Spacemesh positions itself as a promising project with its focus on energy efficiency, decentralization, and accessibility.

2. PENG

The recent meme coin rally has caught the attention of investors, and several new projects are gaining traction in the market. Peng is a promising addition to the world of Solana-based cryptocurrencies.

Peng sets itself apart with its unique penguin-themed approach to decentralized finance (DeFi) and meme token culture. The project aims to inject warmth and liquidity into the Solana blockchain while fostering an inclusive and active community.

PEN price chart

According to the Peng team, ‘We are very excited to introduce Peng to the Solana ecosystem. The small but mighty Penguin takes the lead and aims to bring a new level of creativity and engagement to the Solana Chain. Peng is more than just a meme token. It is a symbol of community, warmth and innovation.’

Meanwhile, Peng strengthened its position by partnering with major platforms such as Coinmarketcap, DEXSCREENER, GOTBIT, and DEXTOOLS. Additionally, this coin is now available on major exchanges including MEXC, Bitmart, Jupiter, Raydium, Poloniex, and Lbank.

The cryptocurrency market is experiencing another bullish phase, with Bitcoin (BTC) recently hitting an all-time high. This presents a golden moment for Peng ($PENG) to gain momentum and enter the top 100 projects.

Here you go @CoinMarketCap I applied for listing through Req: 869315. pic.twitter.com/ropbXyGYot
— Solana’s PENG! (@pengonsolana) March 11, 2024

Peng ($PENG) brings a new perspective to meme tokens within the Solana ecosystem, with an active community and strategic partnerships. As the market continues its upward trajectory, Peng’s innovative approach will position it to further grow the market and increase awareness.

3. Chain Swap (CSWAP)

The evolving Web3 environment requires seamless interoperability between various blockchains. Therefore, tokens must be quickly and securely exchanged for any asset across the blockchain. But navigating the entire fragmented cryptocurrency ecosystem can be a daunting task for beginners, presenting a steep learning curve and unique security vulnerabilities.

On this note, ChainSwap emerges as an innovative solution to bridge the gap between blockchains and enable a more interoperable future. The project aims to achieve this by pioneering a layer 5 secure cross-chain swap protocol. The protocol is built on the ChainLink Cross Chain Interoperability Protocol (CCIP) architecture combined with Circle’s Cross Chain Transfer Protocol (CCTP). Primarily, this innovative approach boasts unrivaled levels of security and decentralization.

CSWAP price chart

ChainSwap also recognizes the importance of privacy within the blockchain space, expanding its focus beyond security. In line with this, we are developing cutting-edge privacy swap and mixer technologies and leveraging next-generation advancements to give users unparalleled control and anonymity over their transactions.

New partnership announced$CSWAP X $BRETT
recognize @BasedBrett As a leader #memecoin In ~ $BASEWe have strategically partnered and whitelisted them. #Chain Swap & added it to the default token list
We’ve made it easier for people to find and purchase tokens across the chain! pic.twitter.com/AAHEMnUiLO
— Chain Swap (@chainswaperc) March 11, 2024

As the demand for financial privacy grows in a decentralized world, privacy mixers have gained significant traction. These tools obfuscate the origin and destination of ChainSwap transactions, providing users with personal information that is not easily accessible through traditional swaps. ChainSwap’s mixer allows users seeking financial discretion, wary of data breaches, or simply avoiding unwanted scrutiny of their crypto activities to find the solution they need.

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix We aim to transform the mining industry through an innovative stake-mining mechanism based on smart contracts on the Ethereum platform. This groundbreaking approach aims to overcome the limitations of traditional cloud mining.

With an impressive $12.1 million raised during the pre-sale period, each BTCMTX token is currently valued at $0.014, attracting investor attention. Additionally, 730,527,497 tokens are staked, indicating strong investor confidence in the project’s potential.

At stage 31 of the pre-sale, investors will receive a reward of 158.5 per ETH block, providing a promising profit opportunity. Investors may consider seizing this opportunity when the next price rise is 4 days away.

Phase 2 of the project will focus on platform development and facility setup, including mobile and desktop software development. Bitcoin Minetrix aims to expand its team and begin discussions with prominent cloud mining giants.

There are 4 days left until stage 31 ends. #Bitcoin Metrics!
Can you explain the concept of a “sybil attack”? #Bitcoin mining? 🤔💡 pic.twitter.com/7vSCPiMUGm
— Bitcoin Minetrix (@bitcoinminetrix) March 12, 2024

The goal is to strengthen the Stake-to-Mine contract and secure additional listings on various cryptocurrency exchanges. Phase 3 marks the public launch of Bitcoin Minetrix’s Stake-to-Mine platform, an important milestone in its development journey.

This stage also sees the first withdrawal of mined BTC to user wallets. In the last step Bitcoin Minetrix We aim to achieve mass adoption of the BTCMTX token through ongoing marketing efforts and expansion of cloud mining rental services.

Visit Bitcoin Minetrix Presale