KuCoin, a popular cryptocurrency exchange, is known for frequently adding new tokens to its platform. This guide explores six highly anticipated KuCoin new listings for 2024, providing valuable insights for crypto investors interested in staying ahead of the curve.
U.S. charges KuCoin with failing to prevent money laundering. The exchange, popular for its frequent new listings, is accused of enabling illegal activity through its platform. Investors considering listings on KuCoin should be aware of these charges.
- 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
Potential new listings on KuCoin in 2024
Curious about what new cryptocurrencies might be gracing KuCoin’s shelves soon? This section explores potential KuCoin new listings in 2024, keeping you ahead of the exchange’s latest additions.
- Dogeverse (DOGEVERSE) Dogeverse isn’t your average meme coin. Built for interoperability, it lets you move tokens between blockchains with ease. A generous staking program lets you earn passive rewards on your DOGEVERSE holdings.
- Slothana (SLOTH) Slothana takes the laid-back charm of sloths to the world of crypto. This Solana-based meme coin is building a strong community through captivating visuals and engaging messaging. With over $10 million raised in its presale, Slothana is poised for growth on the heels of successful sloth-themed projects
- 99 Bitcoins (99BTC) is a leader in crypto education, with millions of users and a thriving community. Their $99BTC token lets you earn while you learn, with staking options for passive rewards. A potential KuCoin listing could fuel further growth.
- 5th Scape (5SCAPE) is more than VR games. It’s a Web3 ecosystem where you play, earn, and own a piece of the future. Invest in the 5SCAPE token, unlock premium content, and join a thriving community of VR enthusiasts.
- 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) tackles urban mobility challenges by providing eco-friendly eTukTuks. These AI-powered vehicles boast extended lifespans through predictive maintenance. The project also builds a solar-powered charging network for easy access to clean energy.
- Merlin chain (MERL): As a Layer 2 scaling solution for Bitcoin, Merlin Chain utilizes ZK-Rollups for efficient transactions. Leveraging Bitcoin’s security and adding decentralized oracles fosters a secure environment for developers to build innovative apps and unlock the full potential of Bitcoin’s assets.
- Masa (MASA) empowers users to own and share their data, enabling developers to build hyper-personalized AI applications. This decentralized network fosters a new era of AI development fueled by user consent.
- Omni Network (OMNI): Launched in 2021 by Harvard computer scientists, Omni Network has emerged as a key player in bridging Ethereum’s fragmented rollup ecosystems. Its secure architecture, featuring over $1 billion in restaked ETH, ensures near-instantaneous transaction confirmation for cross-rollup interactions.
- Zeus Network (ZEUS) redefines how Bitcoin and Solana interact. This bridgeless solution fosters secure innovation by enabling developers to craft powerful applications. From DeFi to advanced financial services, ZEUS Network unlocks a future where these blockchains work together seamlessly.
Evaluating new and potential listings on KuCoin
Spotting promising crypto projects early can be a great way to build wealth. This section equips you with the tools to evaluate new and potential listings on KuCoin, helping you make informed decisions about KuCoin’s latest additions.
Dogeverse (DOGEVERSE): Cross-chain meme coin with interoperability and staking
Dogeverse is a revolutionary meme coin project with a twist: it’s built for interoperability.
Their ambitious vision is to be the world’s first “chain-traveling Doge,” allowing holders to seamlessly transfer tokens across major blockchains like Ethereum, BNB Chain, Avalanche, Base, and Polygon (with Solana coming soon) – all with minimal fees.
This innovative use of bridging technology breaks down barriers between crypto ecosystems, fostering a more united meme coin community.
Talking points
Dogeverse’s presale has been a resounding success, raising over $9.2 million in USDT. This figure continues to climb, demonstrating strong investor confidence in the project’s potential.
Main features
- Cross-chain travel: Transfer DOGEVERSE tokens between Ethereum, BNB Chain, Avalanche, Base, and Polygon with minimal fees (Solana coming soon).
- Staking rewards: Earn passive income on your DOGEVERSE holdings. Over 13.7 billion tokens are currently staked, with an estimated 117% annual return. For example, staking 1,000 tokens on Ethereum could yield 1,170 DOGEVERSE in rewards over a year (based on current rates).
Why KuCoin
A listing on KuCoin would propel Dogeverse to new heights. The exchange’s global reach and diverse user base would perfectly complement Dogeverse’s mission to unite the meme coin community across various blockchains. Read this guide to buy Dogeverse tokens early.
Pros
- Advanced bridging tech: Utilizes Wormhole and PortalBridge for seamless and secure cross-chain travel, enhancing security and trust.
- Disruptive potential: The first-mover advantage in cross-chain meme coin functionality positions Dogeverse to disrupt the meme coin market.
- Low transaction fees: By minimizing fees for inter-blockchain transfers, Dogeverse promotes wider adoption and accessibility for users.
Cons
- Limited exchange listings: Currently not listed on major exchanges like KuCoin, potentially hindering wider user acquisition.
- Solana integration pending: The absence of Solana integration in the current phase may exclude a portion of potential users invested in the Solana ecosystem.
Ticker | DOGEVERSE |
Current price | $0.0003 |
Supply | 200B |
Network | Ethereum |
Founded | 2024 |
Slothana (SLOTH): Inspired by sloths, loved by investors
Slothana is a Solana-based meme coin capitalizing on the undeniable charm of sloths. Building a global sloth enthusiast community, Slothana leverages captivating visuals and engaging messaging to stand out.
Talking points
Over $10 Million raised: During its presale, Slothana garnered a significant $10 million, indicating strong investor interest.
Main features
- Riding the Solana wave: Slothana’s foundation on the Solana blockchain positions it within a leading meme coin ecosystem, primed for growth during this bullish crypto period. Solana’s robust infrastructure provides the perfect platform for Slothana’s future development.
- Following the Sloth trend: Slothana takes inspiration from successful sloth-themed projects like SLERF, which achieved a remarkable market cap of $170 million. Slothana aims to replicate and potentially surpass this success by leveraging the proven popularity of sloths in the crypto space.
Why KuCoin
KuCoin’s vast user base would expose Slothana to a broader audience of potential investors. In addition, the increased trading activity on KuCoin would enhance Slothana’s liquidity, making it easier for users to buy and sell the token.
Pros
- Easy acquisition: Buying Slothana is a breeze. Users simply need a Solana-compatible wallet and SOL tokens to participate in the airdrop.
- Strategic airdrop model: The 1 SOL for 10,000 $SLOTH airdrop exchange incentivizes early investment and community growth.
- Riding the bullish wave: Slothana enters the market during a bullish crypto period, potentially capitalizing on an overall positive sentiment.
Cons
- Meme coin dependence: Slothana’s success heavily relies on the continued popularity of meme coins, a sector known for its inherent faddishness and potential for sudden price drops.
- Limited functionality: Slothana’s current utility is focused on community building and price appreciation. Future development will be crucial to establish a more robust use case.
Ticker | SLOTH |
Current price | 1 SOL = 10,000 $SLOTH |
Supply | N/A |
Network | Solana |
Founded | 2024 |
99Bitcoins (99BTC): Learn crypto and earn token rewards
99Bitcoins is a leading platform where users can learn about cryptocurrency and earn $99BTC tokens through its unique learn-to-earn model. Users can take interactive courses, quizzes, and challenges to acquire $99BTC, making crypto education accessible and rewarding.
Talking points
Its ongoing presale for native $99BTC tokens has already surpassed an impressive $620,000, signifying strong investor interest in the project. 99Bitcoins boasts a substantial user base with over 700,000 YouTube subscribers and 2 million registered users for its crypto courses, highlighting a strong demand for its educational offerings.
Main features
- Learn & Earn: Users earn $99BTC for completing educational courses and quizzes.
- BRC-20 bridge: Planned bridge to connect $99BTC to the Bitcoin blockchain, potentially boosting investor interest.
- Continuous improvement: Platform updates, new content, and partnerships to enhance user experience and token demand.
- Staking rewards: Earn an additional $99BTC passively through staking. (14% of tokens allocated for staking rewards)
Why KuCoin
A listing on KuCoin, a major cryptocurrency exchange, would significantly increase exposure for $99BTC, attracting new users and investors to the learn-to-earn platform and its native token. This wider adoption could fuel the growth and value of $99BTC in the long run. This guide will show you how to buy 99Bitcoins‘ tokens early.
Pros
- Passive income Opportunity: Earn additional $99BTC through staking, incentivizing holding tokens.
- Bridging the gap to Bitcoin: Planned BRC-20 bridge to the Bitcoin blockchain could attract Bitcoin investors.
- Building a crypto-savvy community: Rewards users for learning, fostering a knowledgeable crypto community.
Cons
- Limited token utility outside platform: $99BTC’s current use case is mainly within the 99Bitcoins platform.
- Exchange listing potential: Listing on KuCoin not guaranteed.
- Competition in learn-to-earn space: Several platforms offer crypto education and rewards, creating competition.
Ticker | 99BTC |
Current price | $0.00101 |
Supply | 99B |
Network | Bitcoin Network |
Founded | 2024 |
5th Scape (5SCAPE): VR games + crypto = Next-gen play
5th Scape is a Web3 pioneer building a complete VR gaming ecosystem. They’re redefining VR through a utility token ($5SCAPE) that unlocks premium content, voting rights, and potential staking rewards.
Talking points
In their pre-sale stage, they’ve raised nearly $5.5 million with a token price of $0.00327. A KuCoin listing could see the price reach $0.01, fueling further growth.
Main features
- Premium VR content: Dive deeper with exclusive games and features using 5SCAPE tokens.
- Staking rewards: Lock up your tokens to earn a passive income within the 5th Scape ecosystem.
- Play-to-earn: Earn tokens through gameplay, fostering a vibrant in-game economy.
- Modern technology: Experience VR gaming with unparalleled immersion through their VR headsets and chairs.
Why KuCoin
A listing on KuCoin, a top crypto exchange, would increase accessibility to the 5SCAPE token, attract new investors, and accelerate platform growth. This aligns perfectly with 5th Scape’s mission to redefine VR experiences for a global audience.
Pros
- Multi-faceted revenue streams: 5th Scape leverages a combination of token sales, in-game purchases, and potential staking rewards to create a sustainable economic model.
- VR Hardware integration: Their ecosystem offers a complete solution with VR headsets and chairs, simplifying entry for new VR users and potentially boosting user engagement.
- Focus on content diversity: With games like MMA 3D, Cricket 3D, and Archery Master, 5th Scape caters to a broader audience, attracting players with various gaming preferences.
Cons
- Competition in VR Gaming: Established players like Meta (formerly Facebook) and Sony dominate the VR market, posing a challenge for user acquisition.
- Dependence on Pre-Sale Success: Reaching the projected price of $0.01 hinges on maintaining investor confidence and a successful KuCoin listing, introducing an element of risk.
Ticker | 5SCAPE |
Current price | $0.00327 |
Supply | 5.211B |
Network | Ethereum |
Founded | 2024 |
Smog (SMOG): From fair launch to fiery success
Smog, a Solana-based meme coin with a fiery dragon mascot, has taken the crypto world by storm. This community-focused project boasts over 75,000 holders and a market cap exceeding $67.91 million.
Talking points
Following a fair launch on Jupiter DEX in February 2024, Smog’s value skyrocketed a staggering 1,400% within hours. Further fueling its popularity, Smog launched a massive airdrop campaign in collaboration with Zealy, distributing a record-breaking 35% of its total supply (490 million tokens).
Main benefits
Smog has expanded to the Ethereum blockchain via Portal Bridge, enhancing liquidity and offering staking opportunities. Users can earn an impressive 42% APY on their holdings while accumulating airdrop points.
Smog also offers a convenient OTC widget for purchasing discounted tokens on Ethereum with a 90-day lockup period for staking and airdrop eligibility.
Why KuCoin
A listing on KuCoin, a premier exchange for crypto discovery, would significantly benefit Smog. Increased exposure to KuCoin’s vast user base would fuel further growth and solidify Smog’s position as a leading meme coin contender. Get a head start by reading this simple guide on purchasing Smog tokens.
Pros
- Frictionless earning: Smog offers multiple ways to earn passively, from holding tokens for airdrops to staking on Solana or Ethereum for high APY.
- Gamified rewards system: The integration with Zealy’s quests adds a fun element, encouraging user engagement and boosting community spirit.
- Discounted acquisition: The OTC widget provides a cost-effective entry point for new investors, attracting a broader audience.
Cons
- Centralized airdrop dependence: A significant portion of the supply relies on the airdrop, impacting long-term price stability if not well-managed.
- Staking lockup period: The 90-day lockup for discounted Ethereum purchases limits short-term investment flexibility.
Ticker | SMOG |
Current price | $0.089625 |
Supply | 1.4B |
Network | Solana |
Founded | 2024 |
eTukTuk (TUK): Ai-powered tuk-tuks for clean mobility
eTukTuk, a frontrunner for KuCoin crypto listings, is an AI-powered sustainable transport solution raising over $3.15 million USDT in its presale.
Talking points
eTukTuk tackles urban mobility challenges in developing nations. It focuses on reducing carbon emissions through electric tuk-tuks (eTukTuks) and building a self-sufficient charging network. A strategic partnership with Sri Lankan conglomerate The Capital Maharaja Group (CMG) further strengthens its position.
Main features
- Simple, sustainable eTukTuks: Locally manufactured eTukTuks with less than 200 components and long-lasting batteries minimize environmental impact.
- AI-powered maintenance: eTukTuk leverages artificial intelligence to analyze various data points collected from vehicles, including battery health, motor performance, and driving patterns. This allows for preventative maintenance, optimizing repair schedules, and minimizing downtime.
- Solar-powered charging network: Strategically placed charging stations with independent power grids make charging accessible and efficient.
- Play-to-earn engagement:** eTukTuk’s “Crazy Taxi” style game incentivizes participation in the brand’s sustainable transportation ecosystem by gamifying the thrill of navigating virtual eTukTuks while offering cryptocurrency rewards. It educates potential users about the benefits of tuk-tuks while fostering a strong community.
Why KuCoin
A KuCoin listing will significantly increase eTukTuk’s visibility and global accessibility, attracting a wider investor base to fuel their mission of sustainable transportation.
Pros
- Locally made, lower costs: Simple design with less than 200 components allows for local production, potentially making eTukTuks more affordable for drivers in developing nations.
- Data drives efficiency: AI goes beyond maintenance, optimizing routes and traffic flow for a smoother transportation network.
Cons
- Battery swap challenges: Replacing long-lasting eTukTuk batteries in remote areas could be a logistical hurdle.
- Emerging market competition: eTukTuk faces competition from other electric vehicle companies in developing nations.
Ticker | TUK |
Current price | $0.0305 |
Supply | 2B |
Network | BNB Smart Chain |
Founded | 2023 |
Newly listed coins on KuCoin to watch in 2024
Stay ahead of the curve by exploring KuCoin’s latest additions. These recently listed coins have the potential to make a splash in the crypto market this year.
Merlin chain (MERL): Layer 2 for Bitcoin = faster, cheaper transactions
Merlin Chain is a Layer 2 scaling solution for Bitcoin, aiming to empower the Bitcoin network’s native assets, protocols, and applications. It integrates ZK-Rollup technology, decentralized oracles, and fraud proofs for efficient and secure transactions.
Talking points
Merlin Chain recently partnered with Umoja, a leading innovator in “smart money” protocols, to launch USDb, the first high-yield synthetic dollar on Bitcoin. This collaboration positions Merlin Chain at the forefront of DeFi innovation on Bitcoin, potentially generating significant interest among KuCoin’s users.
Main features
- Enhanced scalability: Leverages ZK-Rollups to process transactions off-chain, reducing congestion on the Bitcoin network.
- Robust security: Utilizes zero-knowledge proofs for verification on the Bitcoin blockchain, ensuring the security of the Merlin Chain network.
- Decentralized governance: Enables community-driven innovation through support for native Bitcoin assets and dApps.
- EVM compatibility: Aims to build an EVM-compatible chain for Bitcoin, unlocking the potential of Ordinals and other advancements.
Benefits of KuCoin Listing
Building on the momentum of its recent listing on OKX, another major exchange, a listing on KuCoin would significantly increase Merlin Chain’s exposure to a wider audience of cryptocurrency investors and traders, potentially boosting its adoption and the value of the MERL token.
Pros
- Scalability: Faster and cheaper transactions on Bitcoin through ZK-Rollups.
- Security: Inherits security from the Bitcoin blockchain with zero-knowledge proofs.
- Innovation: Enables development of new dApps and fosters a thriving Bitcoin ecosystem.
Cons
- Newer technology: ZK-Rollups are a relatively new technology, and their long-term security needs monitoring.
- Centralization concerns: The success of Merlin Chain hinges on adoption and potential centralization within the network.
Ticker | MERL |
Current listing price | $1.0100 |
Supply | 2.1B |
24-hr trading volume | $2.91M |
Founded | 2024 |
Masa (MASA): Democratizing Ai data ownership
Masa Finance is a revolutionary project building the leading decentralized AI data and LLM (Large Language Model) Network. This user-centric platform empowers individuals to own, share, and earn from their data, ultimately fueling next-generation AI applications.
Talking points
Masa Finance boasts impressive traction with over 1.4 million users, 48,000 node operators, and 38 million data points. Further solidifying its potential, Masa’s record-breaking CoinList Sale in March 2024 raised $8.75 million in MASA tokens within 17 minutes, and leading investors like Animoca and Digital Currency Group have committed $18 million to the project.
Main features
- Unlock data value: Tap into the most valuable data stream – user digital footprints. Train powerful AI models with user-consented data for hyper-personalized experiences.
- Decentralized data network: Build AI applications on Masa’s vast network of user-contributed data, enabling the creation of unique, data-driven applications.
- Open-Source LLMs: Leverage cutting-edge, open-source LLMs with OpenAI-compatible APIs, eliminating complex infrastructure setup.
- Decentralized Oracle Network: Effortlessly extract real-time data from public web sources and social media platforms.
- Optimized infrastructure: Benefit from Masa’s secure, high-volume encrypted data transaction infrastructure.
Benefits of KuCoin Listing
This KuCoin listing could significantly enhance MASA token visibility and liquidity. This would fuel wider adoption within the Masa ecosystem and accelerate the project’s mission of democratizing AI data ownership. By listing MASA, KuCoin would be positioned at the forefront of the decentralized AI data revolution.
Pros
- Transparency and security: Masa prioritizes transparent data management with secure, encrypted transactions.
- Disruptive potential: This user-owned data model has the potential to disrupt traditional data ownership models.
- Easy data integration: Masa simplifies data extraction from public web sources and social media platforms.
Cons
- Complexity of user adoption: Educating users on data privacy and value sharing can be challenging.
- Data privacy concerns: Needs robust security measures for user data.
Ticker | MASA |
Current listing price | $0.18841 |
Supply | 1,588,866,523 |
24-hr trading volume | $343,176 |
Founded | 2024 (Mainnet launch) |
Omni Network (OMNI): Bridging the fragmented future of Ethereum
Ethereum’s rollup boom has fractured the network, isolating users and capital. Omni Network (OMNI) tackles this challenge by creating a unified roll-up network primed for a KuCoin listing.
Talking points
Launched in 2021, Omni recently secured its place as Binance’s 52nd Launchpool project, raising over $1 billion in restaked ETH. Backed by giants like Coinbase Ventures and Pantera Capital, Omni is poised for significant growth.
Main features
- Sub-second finality: Omni’s innovative architecture instantly confirms transactions, reducing waiting times and ensuring a smooth user experience for cross-rollup interactions.
- Unified rollup network: Omni Network dismantles the silos created by Ethereum’s rollup-centric approach. It acts as a bridge, allowing users across different rollups to interact seamlessly. This fosters greater network liquidity and eliminates inefficiencies caused by fragmented ecosystems.
- Minimal integration: Designed for ease of use, Omni minimizes developers’ steps to integrate their applications across various rollup environments.
- Universal gas marketplace: Omni streamlines gas fee management by introducing a universal gas marketplace. Developers can leverage this marketplace to ensure efficient gas allocation for roll-up transactions.
Benefits of KuCoin Listing
By gaining exposure to KuCoin’s massive user base, OMNI can attract a wider audience of investors and developers interested in the future of Ethereum’s interoperability.
This will translate to increased liquidity for the OMNI token, fueling further growth and development of the Omni Network. Ultimately, a KuCoin listing would act as a major catalyst for Omni’s mission
Pros
- Unified rollup network: Connects fragmented Ethereum rollups.
- Sub-second finality: Ensures near-instantaneous transaction confirmation for cross-rollup interactions.
- Developer-Friendly: Simplifies integration for cross-rollup development.
- Interoperable by design: Omni adapts to future roll-up solutions, maintaining a unified network.
Cons
- New integration layer: Omni adds complexity for developers familiar with existing rollups.
- Emerging project: Shorter track record compared to established solutions.
Ticker | OMNI |
Current listing price | $24.970 |
Supply | 100,000,000 |
24-hr trading volume | $1.39M |
Founded | 2024 (Binance launch) |
Zeus network (ZEUS): Secure bridge for Bitcoin & Solana apps
ZEUS Network is a cross-chain communication layer built on Solana Virtual Machine (SVM) that seamlessly connects Bitcoin and Solana.
This bridgeless solution allows developers to build innovative applications, unlocking a future of high-performance DeFi and secure financial services.
Talking Points
ZEUS Network’s Future Dollar Value (FDV) surpassed $1 billion before its Mainnet launch, indicating strong investor confidence.
Main features
- Bridgeless security: Assets on each chain (Bitcoin and Solana) remain secure within their respective protocols.
- Unleashing developer potential: Build diverse applications and services connecting Solana and Bitcoin.
- ZEUS ecosystem: Explore opportunities like native staking, wrapped Bitcoin with DeFi yield, and a native Bitcoin collateralized stablecoin.
Benefits of KuCoin Listing
A KuCoin listing would provide ZEUS Network with greater exposure to a vast user base and increased liquidity, further propelling its mission to bridge the gap between Bitcoin and Solana.
This visibility would complement the recent strategic investment from OKX Ventures, a leading investment firm in the crypto space, further solidifying ZEUS Network’s position as a significant player in bridging Bitcoin and Solana.
Pros
- Frictionless integration: ZEUS Network simplifies development by removing the complexities of traditional bridging solutions.
- Cross-chain liquidity: Enables seamless flow of liquidity between Bitcoin and Solana, benefiting DeFi applications.
- Future-proof infrastructure: Built on Solana Virtual Machine, ZEUS Network leverages Solana’s scalability and security.
Cons
- Competition in bridging space: Other blockchain bridging solutions may vie for market share.
- Potential security vulnerabilities: As with any new technology, unforeseen security risks can emerge.
Ticker | ZEUS |
Current listing price | $0.7124 |
Supply | 1,000,000,000 |
24-hr trading volume | $352,240 |
Founded | 2024 |
Kucoin new listings compared
Project | Token | Chain | Supply | Status |
Dogeverse | DOGEVERSE | Ethereum | 200B | Presale |
Slothana | SLOTH | Solana | N/A | 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 |
Merlin chain | MERL | Bitcoin network | 2.1B | [Listed on KuCoin] |
Masa | MASA | Ethereum | 1,588,866,523 | [Listed on KuCoin] |
Omni Network | OMNI | Ethereum | 100M | [Listed on KuCoin] |
Zeus Network | ZEUS | Bitcoin network | 1B | [Listed on KuCoin] |
What happens to a token’s price after it’s listed?
A token’s listing on a cryptocurrency exchange can be a pivotal moment, impacting its price in several ways:
Increased Exposure and Demand: Exchange listings expose a token to a wider audience of potential buyers, often leading to increased demand and potentially driving the price up. This is especially true for established exchanges like Coinbase.
Studies suggest a significant price jump, with Coinbase listings historically leading to a 91% increase in the first five days of trading. Similar effects are observed with other major exchanges. In 2022, an estimated two-thirds of newly launched tokens on Binance saw price increases. The Optimism (OP) token exemplifies this; its price skyrocketed over 300% shortly after its Binance debut.
Improved Liquidity: Listings enhance a token’s liquidity, making buying and selling easier. This can attract more investors who prefer assets with readily available buyers and sellers.
Market Validation and Credibility: Being listed on a reputable exchange suggests a level of legitimacy for the token and the project behind it. This can inspire confidence in investors, potentially leading to price appreciation.
Short-Term Volatility: Listings can trigger short-term price volatility. Speculative trading often intensifies around listing events, causing price swings. This volatility can be both positive and negative.
Delisting Risk: Conversely, delisting from a major exchange can significantly impact a token’s price. When a token loses access to a large trading pool, its liquidity can dry up, leading to price drops. This highlights the importance of project fundamentals and long-term viability.
Remember:
- Listing effects aren’t guaranteed.
- The project’s underlying value plays a major role in long-term price performance.
- Thorough research is crucial before investing in newly listed tokens.
In Conclusion:
Exchange listings can be a positive development for a token, but they’re not a magic bullet. While short-term price increases are common, long-term success depends on the project’s fundamentals and its ability to attract and retain users.
Is KuCoin Still Relevant in 2024?
In March 2024, KuCoin faced charges by U.S. prosecutors regarding anti-money laundering laws. Despite this challenge, KuCoin has taken steps to address compliance and remains a relevant player in the crypto exchange market for several reasons:
- Solid foundation: Ranked 7th with a daily trading volume surpassing $764 million and over 30 million global users, KuCoin demonstrates significant activity and user trust. This is further bolstered by their substantial reserves exceeding $3.2 billion, indicating financial stability.
- Comprehensive services: KuCoin goes beyond just basic spot trading. They offer margin trading for leveraged gains, P2P fiat trading for easy entry with cash, futures trading for speculation on price movements, and staking for earning passive income on your holdings. This caters to a wide range of investment goals and risk tolerances.
Innovation and User Focus: KuCoin’s commitment to user experience is evident in their development of innovative trading tools like the KuCoin Trading Bots, which saw over 1.3 million new setups in 2024 alone.
This signifies user trust and a willingness to embrace new technologies. Furthermore, KuCoin’s compliant re-entry into India alongside Binance highlights their focus on regulatory adherence and potential for user base expansion.
FAQs
Why are listings good news for the token?
Exchange listings increase exposure for a token, attracting new buyers and potentially boosting demand. This can drive the token price up. Listings also improve a token’s liquidity, making it easier to buy and sell.
Is KuCoin a safe crypto exchange?
KuCoin prioritizes security, employing industry-standard practices like multi-factor authentication and encrypted storage. However, no exchange is completely risk-free.
What are the best tokens on KuCoin?
There’s no single answer. “Best” depends on your investment goals and risk tolerance. Research each token carefully before investing. KuCoin offers a variety of established and newer tokens.
Is it risky to trade newly listed coins?
Yes, newly listed coins often have higher volatility, meaning their prices can swing dramatically. Extensive research is crucial before trading them, and you should consider different exchanges suitable for investing.
Which coins are listed on KuCoin?
KuCoin boasts over 800 digital assets, including established tokens and promising new projects. Explore their website for a complete list. This extensive selection caters to a wide range of investor interests.
Can I trust KuCoin?
KuCoin has a generally positive reputation but do your research. Before trusting any platform, consider exchange security, trading volume, and user reviews.
In 2023, Forbes named KuCoin one of the Best Crypto Exchanges, indicating industry recognition.
Additionally, KuCoin’s innovative trading solutions, like the KuCoin Trading Bots, saw over 1.3 million new setups, suggesting robust user confidence and engagement.
Does KuCoin have a future?
The future of any crypto exchange is uncertain. KuCoin’s future depends on factors like market conditions, its ability to innovate, and user adoption.
However, KuCoin’s strong user base (over 30 million users in more than 200 countries and regions) and its range of services (Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking) position it well for the future.
Additionally, Binance‘s and KuCoin’s return to India as compliant crypto exchanges suggests a potential for wider user base growth.
Sources
- https://news.bitcoin.com/umoja-partners-with-merlin-chain-to-launch-bitcoins-first-high-yield-synthetic-dollar/
- https://decrypt.co/225843/masa-announces-masa-token-listing-on-leading-exchanges-as-it-launches-its-ai-data-network-mainnet
- https://www.coindesk.com/business/2023/09/07/pantera-capital-leads-165m-investment-in-zk-powered-dex-brine-fi-at-100m-valuation/
- https://www.binance.com/en/support/announcement/introducing-omni-network-omni-on-binance-launchpool-farm-omni-by-staking-bnb-and-fdusd-3954d04933da443ab539ca38616013de