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5 New Cryptocurrency Releases Rumoured for Binance Listings in 2022

07/30/2022
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The cryptocurrency market has had a good 24 hours, with its total cap rising by 3.5%. At $1.14 trillion, it’s also up by 12% since Tuesday, defying the Federal Reserve’s announcement of further rate hikes. Most major coins have risen along with the market, although some have posted above-average gains. Many of these are smaller altcoins, yet for any traders who feel they may have missed the boat on some of these, we’ve put together a list of some of the newest coins on the market. This covers 5 new cryptocurrency releases rumoured for Binance listings in 2022.

5 New Cryptocurrency Releases Rumoured for Binance Listings in 2022

1. Battle Infinity (IBAT)

Based on Binance Smart Chain, Battle Infinity (IBAT) is a play-to-earn crypto gaming platform that has been turning heads since its presale started a couple of weeks ago. Purchase with BNB at a price of $0.0015, its token sale will last another 73 days. Despite not running for long, the sale has already raised just over $1,000,000. On top of this, BSC Scan reveals it now has 1,438 holders, which is a large number of a token that has been on sale for only 17 days.

The reason why Battle Infinity is gaining traction is that it’s developing a sports-themed gaming metaverse. The latter will comprise a variety of games, the most interesting of which is arguably the IBAT Premier League. This lets players put together their own fantasy sports team, made up of NFTs representing real-life athletes. They win points — and ultimately IBAT tokens — based on how well their teams do.

Battle Infinity is also working on additional crypto and NFT-based games, as well as a competitive staking feature, its own DEX and an NFT marketplace. And seeing as it runs on Binance Smart Chain, a Binance listing once it goes live seems a good bet. This is why it’s one of our 5 new cryptocurrency releases rumoured for a Binance listing.

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2. Lucky Block (LBLOCK)

At $0.00104865, LBLOCK has dropped by 2.5% in the past 24 hours. On the other hand, it has risen by 7.5% in the last seven days, by 24% in the last 14 and by 6.5% in the last 30.

Lucky Block (LBLOCK) price chart - 5 best gaming crypto coins.

LBLOCK has appreciated by 140% since its launch in late January, although it is down by 89% since an all-time high of 0.00974554 set in mid-February.

In terms of its fundamentals, there are numerous reasons why LBLOCK will do well in a more bullish environment. For one, Lucky Block has recently expanded its ecosystem to include various NFT-related competitions. What this means is that, by purchasing a Lucky Block NFT, users will be able to enter different prize draws. This includes draws for Bored Ape Yacht Club NFTs, $1 million in bitcoin, a luxury holiday, a FIFA World Cup package, and also a house worth $1 million.

Lucky Block will soon also being letting NFT holders earn rewards in LBLOCK, which is funded via transaction fees. Another incoming feature is that all holders of LBLOCK will be able to claim their equal share of 10% of each daily prize fund, simply by heading over to the Lucky Block web app and voting for a charity that will receive donations.

Just as importantly, Lucky Block is in the process of rolling out an Ethereum-based version of its token. This will be listed by LBank Exchange soon enough, as well as by Singapore-based MEXC Global at the beginning of August. And it’s also likely that a Binance listing will arrive sooner or later.

3. Tamadoge (TAMA)

A new meme coin, TAMA  is a deflationary cryptocurrency that will serve as the native token of metaverse when users can mint NFT-based pets and care for them. It’s an ERC-20 token that began its beta presale earlier this week, with its general presale ends in the final quarter of the year. Interested investors can purchase TAMA tokens in exchange for either ETH or USDT via its official website, with $100 buying 10,000 TAMA.

In contrast to more established meme coins such as DOGE and SHIB, TAMA promises stronger fundamentals and utility. This is largely because of its surrounding metaverse, which offers play-to-earn dynamics. On the one hand, players can battle their Tamadoge pets and earn rewards for doing so, while they can also ultimately sell their NFT-based Tamadoges.

It’s obviously very early days for TAMA, given that its presale began only this week. However, it has already amassed over 16,000 followers on Twitter and more than 12,000 on Telegram. Given that it joined Twitter only this month, this is good going, and shows how much interest the project has already generated.

4. Aura Network (AURA)

AURA is the native token of the Aura Network, which is a layer-one blockchain built using Cosmos SDK and designed with the aim of being platform specifically for NFTs. First announced in November 2021, its team’s vision is for the network to becoming a destination for minting, querying and transacting non-fungible tokens.

It plans to release its mainnet in the third quarter of this year, while it has begun announced a number of exchange listings. This includes an initial DEX offering (IDO) on Impossible Finance, which listed the altcoin in June.

AURA has also received trading support from Baryon Network and Coin98, with Baryon now enabling yielding farming with the AURA/BUSD pair. Again, this is good going for a platform that hasn’t launched its mainnet yet.

Based in Singapore, Aura Network’s team also managed to raise $2.5 million in seed funding in June from such investors as Cyber Ventures and Kucoin Labs. This raise suggests that it has the resources and credentials to succeed, and with the NFT market remaining one of the hottest areas in crypto, the AURA token could go on to rally big once it receives more listings.

5. Defi Coin (DEFC)

DEFC has jumped by 9% in the past 24 hours, reaching $0.114383. It’s also up by 24% in the past week, but down by 21% in the last 30 days.

DeFi Coin (DEFC) price chart - 5 New Cryptocurrency Releases Rumoured for Binance Listings in 2022.

While DEFC is down 92% since its all-time high of $1.57 from last July, it’s up by 550% since reaching an all-time low in February of this year.

The main selling point of DEFC is that it’s the native token of the new DeFi Swap DEX, which aside from trading also offers staking and yield farming services. Based on Binance Smart Chain, DeFi Swap went live in May, which was the main factor in DEFC recovering from its record low in February.

Beyond being the native token of DeFi Swap, DEFC has other functions. Most notably, it provides holders with rewards, which are sourced from a 10% tax charged whenever someone buys or sells the token.

DeFi Swap is currently ranked the 64th biggest DEX in the crypto ecosystem, according to CoinGecko. For an exchange that launched as recently as May, this indicates just how far it may rise in the coming months. It also shows why DEFC is one of our 5 new cryptocurrency releases rumoured for a Binance listing this year.

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Source: https://insidebitcoins.com/news/5-new-cryptocurrency-releases-rumoured-for-binance-listings-in-2022