In 2024, Bybit, the second-largest cryptocurrency exchange by market share, unveiled new tokens that have sparked interest among crypto enthusiasts.
This article evaluates these fresh additions and potential upcoming listings on Bybit. With the spotlight on new Bybit listings, investors seek insights into the platform’s expanding offerings and prospects.
As the crypto landscape continues to evolve, traders and investors must stay up-to-date with the latest listings on Bybit. Discover the latest developments in Bybit’s ecosystem and the opportunities they offer market participants.
CoinGecko’s market tracker indicates that Bybit, founded in 2018, is currently the second-largest cryptocurrency exchange in terms of 24-hour trading volume, just behind Binance. It is also the 4th most visited exchange in terms of monthly traffic.
- Multi-chain utility across 6 chains including Ethereum, Solana and Base
- Staking rewards on Ethereum for presale buyers
- Advanced bridging technology with Wormhole and Portal integration
USDT
ETH
MATIC- +1 more
- An AI and dog-themed memecoin on Ethereum
- Presale tokens are staked an provide rewards during the presale
- ETH
- USDT
- Potential to skyrocket amid Solana meme coin hype
- Rumored to be from the developers $SLERF, which saw huge growth earlier this year
- Similar to Slothana, which recently saw a hugely successful presale and launch
SOL
- Established online casino with $50 million in monthly volume and 50,000 players
- Daily rewards for $DICE stakers based on casino performance
- $DICE holders eligible for 25% revenue share for referring new users to the platform
- SOL
- ETH
BNB- +1 more
- New token with Learn to Earn (L2E) model with exclusive courses
- Integration with BRC-20, opening the ability to build on top of the Bitcoin network
- Stakers enjoy high staking rewards every Ethereum block
- ETH
- USDT
- BNB
- +1 more
- The 5SCAPE tokens unlock special in-game features
- Brings VR capabilities into Web3 gaming
- An ERC20 token that's compatible with existing Ethereum DeFi platforms and smart contracts
- ETH
- BNB
- USDT
- +2 more
- A meme token with up to 257% in rewards
- CEX listing and a play to earn game on the roadmap
- Sponge V1 made 100x in 2023. Join V2 presale
- ETH
- USDT
Debit
- Gain exclusive airdrop points by buying and holding $SMOG
- Conquer foes and reap rewards on the Solana blockchain
- Secure your stake on Solana through a direct $SMOG purchase on Jupiter DEX
- SOL
- ETH
- USDT
- Innovative blockchain-based electric vehicles project
- The eTukTuk prototype is scheduled to be revealed in the first phase
- opBNB will be used in tandem with BNB for scalability and reduce costs
- ETH
- BNB
- USDT
- +1 more
A list of potential and new Bybit listings in 2024
Stay ahead of the curve with our up-to-date list of new Bybit listings and potential additions for 2024. Discover promising tokens you can trade on Bybit’s secure and user-friendly platform.
- Dogeverse (DOGEVERSE) remains the world’s first “chain-traveling Doge,” allowing transfers across major blockchains. This meme coin with utility fosters a united community and rewards loyalty with a powerful staking system.
- Wiener AI (WAI) is a new token that has raised over $1M so far (the presale is ongoing). The project aims to capitalize on the meme craze where explosive growth occurred.
- 99 Bitcoins (99BTC) flips the script on crypto learning. Earn $99BTC tokens by completing interactive courses and quizzes. This established platform boasts a large user base and a strong presale, making it a project to watch.
- 5th Scape (5SCAPE) Dive into immersive VR experiences with 5th Scape. Their ecosystem combines cutting-edge VR hardware, play-to-earn mechanics, and a community-driven token for a truly next-generation gaming experience.
- Smog (SMOG) This community-driven project rewards fans with a massive airdrop – 35% of its total supply! Partnering with Zealy, Smog offers exciting quests to earn even more tokens. Now bridged to Ethereum, Smog unlocks lucrative staking options with a juicy 42% APY.
- eTukTuk (TUK) is a sustainable transport solution using AI-powered electric tuk-tuks and blockchain technology. They aim to reduce carbon emissions in developing nations by creating a self-sufficient solar-powered charging network.
- SafeCoin (SAFE): SafeCoin is a next-generation blockchain network built for speed and security. Leveraging Solana’s technology, SafeCoin offers lightning-fast transactions and minimal fees and fosters a secure environment through its encrypted video chat platform, SafeChat.
- Light Link (LL) eliminates gas fees, a major hurdle for blockchain adoption. Built for enterprises and individuals, it offers a user-friendly platform with familiar developer tools and strong industry partnerships. Bybit listings could significantly boost LightLink’s reach and accelerate its mission of mass blockchain integration.
- cat in a Dog’s World (MEW) shakes up the meme coin scene with a playful “cat in a Dog’s world” theme. This community-driven project leverages blockchain technology for secure and transparent transactions to make memes a valuable asset class.
- Based Brett (BRETT) is the top meme coin on Basechain, the new Layer 2 chain from Coinbase. This meme coin mascot leverages a thriving ecosystem for future success. With a $530M+ market cap, Bybit listings could significantly boost its reach and solidify its position in the Basechain meme world.
- Merlin Starter (MSTAR) With a focus on nurturing early-stage projects, Merlin Starter is a platform that helps startups in the Bitcoin space. It provides a solid foundation for ventures aiming to unlock Bitcoin’s potential.
Evaluating new and potential listings on Bybit
Bybit frequently adds new cryptocurrencies, offering investors exciting opportunities. This section equips you to assess new Bybit listings and potential future additions, guiding you toward informed investment decisions.
Dogeverse (DOGEVERSE): Uniting meme coin fans across multiple blockchains
Project Overview
Dogeverse is shaking up the meme coin space with its ambitious vision of a “world’s first chain-traveling Doge.” This project boasts cross-chain functionality, allowing holders to move DOGEVERSE tokens between Ethereum, BNB Chain, Avalanche, Base, Polygon, and soon, Solana, all with minimal fees.
Staking rewards and community growth
- Multi-chain travel: Effortlessly transfer DOGEVERSE across major blockchains using advanced bridging technology.
- Lucrative staking: Earn a whopping 117% APY (as of today) by staking your DOGEVERSE tokens.
- Uniting the meme coin community: Bringing meme coin enthusiasts together across various blockchain networks.
Bybit listing potential
A listing on Bybit, a top-tier crypto exchange, could propel Dogeverse to new heights.
Bybit’s immense user base and reputation for vetting quality projects would provide Dogeverse with the exposure and credibility it needs to attract more investors and solidify its position within the multi-chain future.
With strong community backing and innovative features, Dogeverse is a project to watch for on potential Bybit listings.
Pros
- Capitalizes on enduring meme coin popularity while offering lucrative staking rewards.
- Seamless token movement across blockchains with minimal fees.
- Strong community backing fuels project development and adoption.
Cons
- Utility primarily focused on staking and speculation.
- Newer project, long-term viability yet to be proven.
| Ticker | DOGEVERSE |
| Current price | $0.0003 |
| Supply | 200B |
| Network | Ethereum |
| Founded | 2024 |
Wiener AI (WAI): A sausage dog-themed token with a powerful trading bot
Project Overview
Wiener AI ($WAI) combines meme coins with a utility. Powered by the ‘sausage army,’ the token features a sausage dog (Dachshund) for its logo.
Some of the most successful meme coins feature dogs. It is unsurprising that this new token chose to follow in the footsteps of these dominating meme coins.
Unlike traditional meme coins that offer no utility, $WAI will offer a crypto trading bot. While little info on the upcoming utility has been provided, an AI-powered trading bot is an interesting feature.
It can be speculated that in exchange for using the bot, $WAI will be required, which may create a demand for the token depending on its popularity.
Key features
High staking rewards: $WAI stakers are rewarded at the end of every ETH block. The current dynamic reward rate is 730%, which may shrink over time. Early stakers may benefit the most in terms of token rewards. 817,607,560 tokens have been distributed so far for stakers according to the website.
MEV protection: Transactions on Ethereum are often affected by bots. The bots attempt to intercept pending transactions for profit. It is a known phenomenon on Ethereum. $WAI added MEV bots protection against such actions for seamless transactions.
Zero fees: $WAI does not charge any fees. Some tokens have a tax mechanism for buying and selling. For example, a token with a 1% tax means one percent of any transaction is sent to the developers’ wallet.
More than a trading bot: One of the expected features is a crypto trading bot. However, Wiener AI wishes the AI-powered bot to be your trading partner. Most traditional bots execute buy and sell-transactions. We can assume the bot will also provide insights on the markets and alert us on any breaking news.
Bybit listing potential
Once the presale ends, the token is often launched on a decentralized exchange and then on a centralized exchange. If the token’s presale is a great success with many holders, it is likely that listing on a centralized exchange is a matter of time.
$WAI listing on Bybit may have a positive impact on the token. It will mean greater liquidity and access to many traders worldwide.
Pros
- High staking rewards for early stakers.
- Combining meme coins with a utility.
- Over $1M have been raised so far, which may demonstrate confidence in the project.
Cons
- Meme coins are prone to extreme volatility.
- Little info has been provided on the future developement of the AI bot./li>
| Ticker | WAI |
| Current price | $0.000705 (presale) |
| Supply | 69B |
| Network | Ethereum |
| Founded | 2024 |
99Bitcoins (99BTC): Earn while you learn: Crypto for everyone
Project Overview
99Bitcoins is a revolutionary learn-to-earn platform focused on crypto education. Unlike traditional crypto, $99BTC rewards users with tokens for completing interactive courses, quizzes, and challenges. This gamified approach makes learning crypto engaging and profitable.
Rewarding crypto education
- Learn & Earn Model: Earn $99BTC while expanding your crypto knowledge.
- BRC-20 Bridge: A planned bridge to Bitcoin’s blockchain could attract early BRC-20 investors.
- Complete Platform Release: Full platform launch to incentivize a wider range of users.
- Continuous Optimization: Regular updates, content additions, and partnerships to fuel user engagement and token demand.
- Large Community: 700,000+ YouTube subscribers and 2 million registered users demonstrate a strong foundation.
- Staking Rewards: Earn passive income by staking your $99BTC tokens. (14% allocated)
Bybit listing potential
A Bybit listing for $99BTC could significantly boost its success. Bybit’s extensive user base and focus on innovation perfectly align with 99Bitcoins’ mission to educate and empower new crypto users.
This strategic partnership could propel $99BTC towards becoming a leading force in crypto education and potentially a surge in token value.
Pros
- >Free courses and quizzes make crypto education accessible to everyone, regardless of financial background.
- Staking rewards allow users to earn additional $99BTC while holding tokens, encouraging long-term investment.
- Planned platform updates, content additions, and partnerships indicate a commitment to user experience and staying relevant.
Cons
- Established Ed-Fi and crypto education platforms could pose a challenge in attracting and retaining users.
- Regularly updating and adding content to keep learners engaged can be costly and resource-intensive.
| Ticker | 99BTC |
| Current price | $0.00101 |
| Supply | 99B |
| Network | Bitcoin Network |
| Founded | 2024 |
5th Scape (5SCAPE): Web3 VR pioneer
Project Overview
5SCAPE is a Web3 pioneer in VR gaming, aiming to redefine the VR experience with its utility token, 5SCAPE Coin. Currently in pre-sale stage 5, they’ve raised nearly $5.5 million, setting the stage for a strong launch.
Unlocking the Metaverse
5SCAPE Coin empowers VR enthusiasts and crypto investors. Owning 5SCAPE Coin unlocks exclusive VR content, grants voting rights on the platform’s development, and offers the potential to earn rewards through staking. This trifecta of benefits makes 5SCAPE Coin a compelling proposition for both audiences.
- VR Content Gateway: Grants access to exclusive in-game features and fosters a strong community.
- Growth Potential: Capitalizes on converging VR and cryptocurrency for a more immersive gaming experience.
Bybit listing potential
A Bybit listing could significantly increase 5SCAPE’s reach and user base. Broader exposure could fuel token demand, pushing the price beyond its anticipated Bybit listing price of $0.01. Bybit’s reputation could also attract more investors and developers to the 5SCAPE ecosystem, accelerating its growth within the VR landscape.
New Bybit Listings: Bybit is constantly seeking promising projects, and 5SCAPE’s unique blend of VR gaming and cryptocurrency positions it as a strong contender for Listing on Bybit.
Pros
- Fosters a strong user base through engagement features, driving growth.
- Experienced developers boost trust and project longevity.
- Plans for VR hardware and chairs could broaden VR’s reach.
Cons
- VR tech’s evolution requires navigating performance and scalability hurdles.
- Hinges on broader VR adoption within the gaming industry.
| Ticker | 5SCAPE |
| Current price | $0.00327 |
| Supply | 5.211B |
| Network | Ethereum |
| Founded | 2024 |
Smog (SMOG): Dual-chain Strategy = staking & earning across ecosystems
Project Overview
SMOG is a new meme coin with a fiery spirit. Built on Solana and backed by a strong community of over 75,000 holders, SMOG has soared in popularity with its fair launch and massive airdrop campaign.
From fair launch to airdrop success
- Massive Community: Over 75,000 $SMOG holders fuel the project’s growth.
- Impressive Airdrop: 35% of the total supply distributed via airdrop, earning the title “greatest airdrop of all time.”
- Dual-Chain Staking: Earn a 42% APY and airdrop points by staking on Solana or Ethereum.
- Discounted Purchases: Buy $SMOG on Ethereum with a 10% discount through the OTC widget (tokens locked for 90 days).
Bybit listing potential
A listing on Bybit, a top-tier exchange, could significantly increase SMOG’s reach and liquidity. Bybit’s established user base and trading volume would provide a perfect environment for SMOG to mature and attract new investors. This potential listing on Bybit could be the next major catalyst for the project’s growth.
Pros
- SMOG offers a 10% discount on purchases made through their OTC widget, incentivizing investors and boosting token demand.
- Project goes beyond just being a meme coin with a planned roadmap for future utilities, suggesting a focus on long-term growth.
- By expanding to Ethereum through Portalbridge, SMOG increases its accessibility to a wider audience, amplifying its network effect..
Cons
- The massive airdrop (35% of total supply) and staking rewards could lead to inflation, potentially decreasing the value of individual tokens over time.
| Ticker | SMOG |
| Current price | $0.089625 |
| Supply | 1.4B |
| Network | Solana |
| Founded | 2024 |
eTukTuk (TUK): Blockchain-powered network revolutionizing transportation infrastructure
Project Overview
eTukTuk is an AI-powered, eco-friendly transportation solution that redefines mobility in developing nations. They’re building a network of electric tuk-tuks and charging stations powered by blockchain.
Greener rides, brighter future
- Sustainable Focus: eTukTuks reduce carbon emissions in developing countries, starting with pilot operations in Sri Lanka.
- Locally Manufactured: Simple designs with less than 200 components enable local production, boosting economies.
- Everlasting Tech: eTukTuks boasts an 8-year battery life with established battery repurposing networks.
- Play-to-Earn Engagement: A mobile game allows users to earn rewards while virtually experiencing tuk-tuks.
Bybit Boost:
A Bybit listing could significantly propel eTukTuk’s growth. Bybit’s global audience and trading volume would expose eTukTuk’s $TUK token to a wider investor base, fueling project development and accelerating eTukTuk’s mission of sustainable transportation on a global scale.
Pros
- Gamified experience incentivizes user engagement and promotes brand awareness.
- Designed for easy expansion across developing nations, tackling widespread transportation issues.
Cons
- Building a network of charging stations requires significant investment and collaboration with local governments.
| Ticker | TUK |
| Current price | $0.0305 |
| Supply | 2B |
| Network | BNB Smart Chain |
| Founded | 2023 |
Newly listed coins on Bybit to watch in 2024
Stay ahead of the curve by exploring Bybit’s latest additions. These recently listed coins have the potential to make a splash in the crypto market this year.
SafeCoin (SAFE): Scalable network, low fees, encrypted communications
Project Overview
SafeCoin is a high-speed blockchain network built on the foundation of Solana. It leverages Solana’s strengths, including Proof-of-History for efficient timing, and refines the code for broader accessibility.
Scalable transactions, minimal fees
- Lightning Speed: Transactions confirmed in just 60 seconds.
- Massive Scalability: Handles over 100,000 transactions per second.
- Ultra-Low Fees: Costs only 0.0001 SAFE per transaction.
- Secure Ecosystem: Offers SafeChat, an encrypted video conferencing platform.
- Interoperability Bridge: Introduces SafeBridge for seamless token transfers across blockchains.
Bybit listing potential
A Bybit listing can supercharge SafeCoin’s success by:
- Boosting Visibility: Exposes SafeCoin to Bybit’s vast user base.
- Enhancing Liquidity: Increases trading activity and market depth.
- Building Trust: Signals Bybit’s confidence in SafeCoin’s technology.
SafeCoin’s focus on security, scalability, and a robust ecosystem positions it as a strong candidate for New Bybit Listings.
Pros
- SafeCoin utilizes a Proof-of-Stake consensus mechanism, promoting energy efficiency and potentially wider participation in securing the network.
- Transparency and potential for community innovation are fostered through SafeCoin’s open-source development model.
- The SafeCoin team is actively building and improving the network, with new features and functionalities planned for the future.
Cons
- Compared to larger blockchain projects, SafeCoin has a smaller developer community and resource pool. This could impact development speed or adoption of the network by businesses.
- While Proof-of-Stake offers advantages, it’s important to acknowledge that it can lead to some centralization if a small number of entities hold a large portion of $SAFE.
| Ticker | SAFE |
| Current listing price | $0.107871 ↑↑ |
| Supply | 36M |
| 24-hr trading volume | $785.29 |
| Founded | 2018 |
Light Link (LL): Bridging the gap for enterprise blockchain adoption
Project Overview
LightLink offers a next-generation blockchain solution for enterprises and individuals seeking smoother entry into the digital economy, particularly for those interested in Bybit listings.
LightLink empowers businesses to unlock the full potential of blockchain technology with its unique features, attracting projects like play-to-earn games (Grapes with 150,000 followers and a weekly trading volume of 2000+ ETH) and Web3 games (The Red Village with 1000+ weekly users).
Familiar tools for seamless migration
- Faster, Cheaper Transactions: LightLink eliminates gas fees, a major barrier for Web3 adoption.
- Enhanced Security & Privacy: Built on a robust, scalable architecture with strong industry partnerships.
- Seamless Interoperability: Connects dApps with millions of users, fostering a thriving ecosystem.
- EVM Compatibility: Familiar tools and languages allow developers to migrate and scale their dApps quickly.
- Enterprise Mode offers gasless transactions for user acquisition and engagement, perfect for attracting new players to Bybit listings (like the gasless NFT marketplace Curate).
Bybit listing potential
A Bybit listing would expose LightLink to a vast user base, accelerating its mission of mass blockchain adoption.
Bybit’s reputation and reach could significantly increase LightLink’s visibility and attract more developers and projects like the DeFi exchange Elektrik, which utilizes Enterprise Mode for frictionless token swapping, and the metaverse project Translucia, backed by a $300 million investment from CP Group.
This, in turn, would fuel the growth and value of LightLink’s ecosystem, potentially making it a highly sought-after addition to Bybit listings.
Pros
- LightLink’s Enterprise Mode lets platforms offer gas-free trials or promotions, attracting new users.
- EVM compatibility allows established metaverses to easily integrate with LightLink, fostering a “multiverse of metaverses” and potentially attracting wider audiences.
- LightLink prioritizes a smooth experience with no gas fees and familiar tools, making it easier for beginners to enter the blockchain space.
Cons
- LightLink’s shorter track record compared to giants means less data on long-term stability and security.
- LightLink relies on attracting developers and projects. While Bybit helps, slow ecosystem growth is a risk if wider adoption isn’t achieved.
| Ticker | LL |
| Current listing price | $0.1614 ↑↑ |
| Supply | 1B |
| 24-hr trading volume | $480,526 |
| Founded | 2023 (Mainnet launch) |
cat in a dogs world (MEW): Cat-themed meme coin taking on the dog-eat-dog crypto world
Project Overview
MEW stands out in the crowded meme coin space. Unlike dog-themed counterparts, MEW flips the script, aiming to disrupt the dominance of dog coins with a humorous “cat in a dogs world” theme.
MEW challenges dog coin dominance
- Unique Meme Coin Theme: MEW capitalizes on the ongoing meme war between cats and dogs, offering a fun alternative for cat lovers and crypto enthusiasts.
- Focus on Community: MEW prioritizes building a strong community, fostering a space where creativity and humor meet financial opportunity.
- Transparency and Security: Backed by blockchain technology, MEW ensures secure and transparent transactions for users.
Bybit listing potential
A Bybit listing for MEW could significantly boost its success. Bybit’s established user base and reputation for security and reliability would provide MEW with greater exposure and liquidity. This could attract new investors and propel MEW further into the meme coin conversation.
Pros
- The playful cat vs. dog theme has viral marketing potential, attracting cat lovers and meme enthusiasts globally.
- MEW’s focus on meme-based investing lowers the barrier to entry, potentially attracting a new generation of investors.
- By challenging the dog coin dominance, MEW could disrupt the meme coin landscape and redefine the way memes are valued.
Cons
- Like all meme coins, MEW is susceptible to high market volatility and unpredictable price swings.
- Currently, MEW’s primary function is meme-based investing, with limited real-world use cases beyond the crypto sphere.
| Ticker | MEW |
| Current listing price | $0.00671533 ↑↑ |
| Supply | 88,888,888,888 |
| 24-hr trading volume | $240.10M |
| Founded | 2024 |
Based Brett (BRETT): Meme coin muscle on Basechain
Project Overview
Based Brett is a meme coin taking the Basechain by storm. As Pepe’s best friend and the official mascot of this new Layer 2 chain built by Coinbase, Brett is a cultural icon with a loyal following.
Fuels Basechain but eyes future expansion
Brett is a substantial player in the meme coin space with a market cap of $530,730,124 (as of publication).
- Top Performer on Basechain: Brett boasts impressive performance as the leading meme coin on the rapidly growing Basechain.
- Potential for Expansion: As Basechain matures, Brett will have opportunities to evolve and expand its offerings.
- Leveraging a Thriving Ecosystem: Basechain’s booming ecosystem provides Brett with a strong foundation for future success.
Bybit listing potential
Bybit’s extensive user base would gain access to Brett, increasing adoption and trading volume.
This, in turn, would fuel further growth and solidify Brett’s position as a significant meme coin on the Basechain.
Bybit’s reputation for excellence could also lend legitimacy and trust to the Based Brett project, attracting new investors and propelling it to more enormous heights.
New Bybit listings like Brett can become significant players in the cryptocurrency space.
Pros
- As ‘Pepe’s best friend’, Based Brett benefits from built-in meme recognition and a potentially loyal fanbase.
- Association with the reputable Coinbase and its Basechain adds a layer of trust and legitimacy to the project.
- The strong community behind it fosters organic growth and engagement, as shown by its impressive market cap and trading volumes.
Cons
- Currently functions primarily as a meme coin, lacking a clear utility beyond speculation.
- Basechain is a young platform, introducing potential risks associated with an unproven ecosystem.
| Ticker | BRETT |
| Current listing price | $0.062253 ↑↑ |
| Supply | 1,000,000,000 |
| 24-hr trading volume | $14.65M |
| Founded | 2024 |
Merlin Starter Token (MSTAR): Launchpad for Bitcoin projects on Merlin Chain
Project Overview
Merlin Starter is the first native launchpad for Merlin Chain, a leading Bitcoin Layer 2 solution. Focused on empowering Bitcoin’s ecosystem, Merlin Starter provides a robust platform for early-stage projects to launch and thrive.
Empowering Bitcoin projects: A look at Merlin Starter’s offerings
- IDO Launchpad: More than just funding, Merlin Starter offers strategic guidance to projects during crucial development stages.
- Strong Tech: Integrates ZK-Rollups, decentralized oracles, and on-chain Bitcoin fraud proofs.
- Ecosystem Friendly: Supports EVM and BTC networks, fostering DeFi and GameFi applications.
- Proven Track Record: Backed by Bitmap Tech (>$500M market cap) with a popular BRC-420 asset, the “Blue Box.”
Merlin Chain boasts $1.152 billion in staking and over 100,000 users.
Bybit listing potential
A Bybit listing for Merlin Starter’s native token ($MSTAR) could significantly accelerate its growth.
Bybit’s vast user base (over 20 million registered users) and established reputation would expose Merlin Starter to a broader audience of potential investors and projects seeking a launchpad for their Bitcoin-focused innovations.
This synergy could propel Merlin Starter to become a dominant force in the Bitcoin Layer 2 landscape, attracting top-tier projects and further solidifying Bybit’s position as a leader in discovering and supporting the future of crypto.
Pros
- Caters specifically to projects building on Bitcoin, appealing to a dedicated audience.
- Potential for lower fees compared to other launchpads due to Merlin Chain’s Layer 2 technology.
- Strong emphasis on fostering a collaborative community to support project growth.
Cons
- Current functionalities of the launchpad token (potential: $MSTAR) might be limited.
- Faces competition from established launchpads with larger user bases.
| Ticker | MSTAR |
| Current listing price | $0.051278 ↓↓ |
| Supply | 1,000,000,000 |
| 24-hr trading volume | $3.08M |
| Founded | 2024 |
New Bybit listings compared
| Project | Token | Chain | Supply | Status |
| Dogeverse | DOGEVERSE | Ethereum | 200B | Presale |
| Wiener AI | WAI | Ethereum | 69B | Presale |
| 99Bitcoins | 99BTC | Ethereum → Bitcoin network | 99B | Presale |
| 5th Scape | 5SCAPE | Ethereum | 5.211B | Presale |
| Smog | SMOG | Solana | 1.4B | Presale |
| eTukTuk | TUK | Binance smart chain | 2B | Presale |
| SafeCoin | SAFE | Solana | 36M | [Listed on Bybit] |
| Light Link | LL | Ethereum | 1B | [Listed on Bybit] |
| cat in a dogs world | MEW | Solana | 88,888,888,888 | [Listed on Bybit] |
| Based Brett | BRETT | BASE network | 10B | [Listed on Bybit] |
| Merlin Starter Token | MSTAR | Merlin chain | 1B | [Listed on Bybit] |
What happens to a token’s price after it’s listed?
After a token is listed on Bybit, its price can experience significant fluctuations. Demand typically spikes post-listing, and traders eagerly anticipate the launch, increasing prices.
Speculation often precedes listing announcements. Initial excitement can lead to rapid price increases. However, prices may decline shortly after the initial surge.
This phenomenon is known as the “listing pump and dump” pattern. Experienced traders may exploit this volatility for short-term gains.
Factors like market sentiment and token fundamentals influence price movements. Long-term price trends depend on adoption, utility, and market dynamics.
Bybit’s new listings are a magnet for traders looking to invest early. These listings often surge in trading activity as traders closely monitor new tokens for potential profits.
However, caution is key, as prices can be quite volatile after a listing. Several factors can influence whether a token gets listed on Bybit.
Is Bybit Still Relevant in 2024?
Bybit remains relevant in 2024, maintaining its position as the second-largest exchange with 9.6% market share as of March 2024.
Despite being flagged by Hong Kong as a suspicious crypto exchange, Bybit continues to expand its services and offerings. Recent developments include launching its crypto trading platform in the Netherlands and establishing a new office in Amsterdam to target European growth.
Known for its tailored institutional services, Bybit provides a high-frequency trading engine with an impressive 99.99% system uptime, even during market congestion. With over 260 spot trading pairs, 160 derivatives contracts, and three options contracts, Bybit offers diverse trading options.
The introduction of Bybit UTA further enhances efficiency by enabling traders to access multiple product lines through a single account, optimizing capital utilization with automatic borrowing. Institutions also benefit from Bybit’s Portfolio Margin mode, which offers class-leading liquidity and minimal slippage.
This mode allows traders to offset profits and losses across derivatives and spot trading while maximizing capital utilization within the collateral margin.
With its commitment to innovation and reliability, Bybit remains a relevant and competitive player in the cryptocurrency exchange market.
Update: Bybit announces integration with TradingView, a popular charting platform. This will allow users to analyze and trade cryptocurrencies directly on TradingView, streamlining the process.
Looking to diversify your portfolio even further? Then consider our project listings for Coinbase, MEXC, and Binance.
FAQs
Why are listings good news for the token?
New Bybit listings expose a token to a broader audience of potential buyers, often leading to increased trading activity and potentially a higher token price. This can be a positive development for investors holding the token.
Take Light Link as an example. The value of its LL token surged by 312% within three days of being listed on Bybit.
Is Bybit a safe crypto exchange?
Bybit has gained popularity as a crypto derivatives exchange, offering features like leverage trading.
While it has implemented security measures like cold storage and two-factor authentication, no exchange is immune to risks such as hacking or regulatory changes. Additionally, derivatives trading carries inherent risks due to leverage.
Bybit has measures in place, but users should exercise caution and stay informed.
What are the best tokens on Bybit?
Choosing the best tokens on Bybit depends on your investment strategy and risk tolerance. Bitcoin (BTC) and Ethereum (ETH) are popular due to their liquidity and market dominance. For traders seeking volatility, tokens like Cardano (ADA) and Solana (SOL) offer the potential for significant price movements. Binance Coin (BNB) is another notable option, especially for those interested in the Binance ecosystem.
Is it risky to trade newly listed coins?
Newly listed coins on Bybit can be more volatile than established tokens. This volatility presents the potential for higher profits but also carries a greater risk of loss. Careful research and understanding your risk tolerance is crucial before trading new listings.
Which coins are listed on Bybit?
Bybit typically lists major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), EOS, and Ethereum Classic (ETC). Additionally, they may offer trading pairs with stablecoins such as Tether (USDT) and USD Coin (USDC).
Bybit’s selection often reflects the most liquid and widely traded cryptocurrencies. However, the specific coins listed can vary over time based on market demand, regulatory considerations, and the exchange’s strategic decisions to expand its offerings and meet evolving user preferences and industry trends.
Can I trust Bybit?
While it boasts advanced security measures and user-friendly interfaces, factors like regulatory compliance, past incidents, and user feedback must be considered.
Conduct thorough research and evaluate its reputation, security features, and regulatory compliance in your jurisdiction.
Additionally, only invest what you can afford to lose, and consider diversifying across multiple exchanges for added security.
Does Bybit have a future?
Absolutely. Bybit remains a strong contender in the crypto exchange space. Its focus on derivatives makes it attractive to experienced traders, while its user-friendly interface and low fees make it appealing to beginners.
Bybit actively seeks new listings, constantly evaluating tokens for potential inclusion. This commitment to adding innovative projects ensures Bybit stays at the forefront of the ever-evolving crypto market.
Sources
- https://cointelegraph.com/news/okx-binance-bybit-triple-volumes-2023
- https://www.bybit.com/en/press
- https://www.financemagnates.com/cryptocurrency/bybit-targets-european-growth-with-new-amsterdam-office/
- https://www.bybit.com/en/press/post/bybit-institutional-report-2024-institutions-become-bullish-and-eye-challenger-chains-while-vc-funding-resurges-for-infrastructure-gaming-and-ai-blt09712637997d7719
