Promising New Crypto Coins – 7 New KuCoin Listings in 2024

KuCoin is an exchange that’s known among crypto enthusiasts for listing a huge amount of cryptocurrencies. The exchange lists around 900 cryptocurrencies in total, so it’s not a surprise that new coins are being added to KuCoin at a rapid pace.

Listings on KuCoin don’t quite have the same impact on the market as new Coinbase listings or new Binance listings. However, smaller altcoins can still benefit significantly from a listing on KuCoin. 

In this article, we’ll highlight new KuCoin listings to help you stay on top of relevant new crypto projects.

New KuCoin listings in 2024

Now, let’s take a closer look at the latest coins that have been listed on KuCoin. 

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1. Peanut the Squirrel (PNUT) – Meme coin on the Solana blockchain

Peanut crypto

The PNUT meme coin is inspired by Peanut, a squirrel that was the subject of a popular account on the Instagram social media platform. 

The story of Peanut gained mainstream attention when the New York State Department of Environmental Conservation (NYSDEC) seized Peanut from his owner Mark Longo because owning a squirrel as a pet is not legal in the state of New York. Peanut was euthanized to test for rabies after allegedly biting a NYSDEC worker, and the story sparked outrage from social media users and politicians alike. 

The controversy of Peanut’s death was harnessed by supporters of U.S. presidential candidate Donald Trump, and the incident was mentioned by vice-presidential candidate JD Vance and prominent Trump supporter Elon Musk. 

By itself, PNUT is not particularly remarkable – it’s a simple meme coin like the thousands of meme coins launching on the Solana blockchain every day. However, thanks to the opportune timing of the token’s launch, the token has managed to display massive increases in price and has received listings on many of the world’s leading crypto exchanges, including KuCoin. 

Buy Peanut the Squirrel (PNUT) on KuCoin

2. Peaq (PEAQ)

Peaq crypto

Peaq is a DePIN (decentralized physical infrastructure network) focused project that’s looking to enable a “machine economy”. Peaq has launched a layer 1 blockchain that’s designed to support the needs of DePIN projects across a broad range of use cases. The Peaq blockchain offers strong decentralization, scalability, cost-efficiency and speed, which are all crucial aspects for DePIN systems that are looking to serve a large number of users. 

As a layer 1 designed specifically for DePIN applications, the Peaq blockchain implements features such as access control, peer-to-peer payments, data storage, machine data verification, reward distribution and support for AI agents. 

For developers that require custom functionality, the Peaq blockchain supports smart contracts written in Solidity and WASM, providing plenty of flexibility. The compatibility with the EVM is especially notable, as it simplifies the process of porting Ethereum-based applications over to Peaq. 

The PEAQ token fulfills a number of functions on the Peaq blockchain, including transaction fee payments, staking and governance. 

Buy Peaq (PEAQ) on KuCoin

3. Swell (SWELL)

Swell crypto

Swell is a non-custodial staking protocol that supports both liquid staking and restaking. Thanks to Swell, users can stake their ETH and earn rewards issued by the Ethereum protocol, as well as AVS (Actively Validated Services) rewards through restaking. Users that stake (and restake) ETH through Swell receive liquid tokens that can be used to participate in Ethereum’s DeFi ecosystem while continuing to earn staking rewards. 

Solo Ethereum staking requires a stake of 32 ETH, which is well above what the average cryptocurrency investor can afford. Thanks to protocols such as Swell, even ETH holders who hold smaller amounts can participate in staking and earn passively.  

Swell has no minimum staking requirement, has relatively low fees and high yields, as well as can be used by holders who have little to no technical knowledge of Ethereum staking. 

Buy Swell (SWELL) on KuCoin

4. CoW Protocol (COW)

CoW crypto

CoW Protocol is a permissionless decentralized exchange (DEX) aggregation protocol aimed at shielding users from maximal extractable value (MEV) risks, including arbitrage, front-running, and sandwich attacks.

The flagship product within the CoW Protocol ecosystem is CoW Swap, a cutting-edge DEX aggregator specifically built to protect users against various MEV threats. By providing this protection, CoW Swap boosts the chances of users receiving better trade deals compared to other DEXs or aggregators lacking these safeguards.

CoW Swap is known as a “meta” DEX aggregator because it acts as an aggregator for other aggregators. It scans decentralized exchanges and other aggregators to find the best available prices, improving both the value and security of the trading experience.

Buy CoW Protocol (COW) on KuCoin

5. Legend of Arcadia (ARCA) 

Legend of Arcadia crypto

Legend of Arcadia is a blockchain-powered casual game with P2E (play-to-earn) elements and NFTs. Legend of Arcadia is inspired by games such as AFK Arena and includes both PvE and PvP gameplay modes.

Before the game begins, players can select up to five heroes to create a team and position them on the based on the opposing lineup. Once the battle starts, the heroes will automatically engage in attacks and use their skills.

As players progress through the game, they earn ARCA token rewards. One of the key utilities of ARCA is providing a way for players to participate in governance and have a say in the future development of the Legend of Arcadia ecosystem.

By staking ARCA tokens for fixed time periods, users can earn vipARCA tokens, which powers the Legend of Arcadia VIP system. VIP users get access to higher rewards and gameplay boosts.

Buy Legend of Arcadia (ARCA) on KuCoin

6. EigenLayer (EIGEN)

EigenLayer crypto

EigenLayer is an Ethereum restaking protocol built around the idea of “pooled security.” Essentially, users who have already staked their ETH can restake it via EigenLayer, allowing the protocol to pool these assets and extend its security coverage to external services like bridges, liquid staking protocols, and more.

By utilizing EigenLayer’s pooled security, these services enjoy a lowered risk of protocol attacks, as EigenLayer expands Ethereum’s blockchain security to include additional protocols within the same network.

Users who restake their ETH with EigenLayer help secure the services tied to the protocol and, in return, earn staking rewards for their participation.

Buy EigenLayer (EIGEN) on KuCoin

7. Moo Deng (MOODENG)

Moo Deng crypto

Moo Deng is a Solana-based meme coin inspired by Moo Deng, a pygmy hippo that went viral on social media in September 2024. Similarly to most other meme coins that have become popular in 2024, MOODENG doesn’t have any utility outside of speculative trading and viral appeal. The token started trading in early September and has displayed significant gains in its first two months of trading, resulting in significant community interested and listings on prominent crypto exchanges, including KuCoin. 

When looking at MOODENG, one thing that stands out is that the token has a relatively low total supply, as it’s capped at 989.9 million tokens. Typically, we see meme coins launching with a larger supply, which results in a lower price per unit. However, this is mostly a psychological factor and doesn’t have a meaningful impact on tokenomics.

Buy Moo Deng (MOODENG) on KuCoin

The bottom line

Unlike some other cryptocurrency exchanges, KuCoin isn’t especially selective about listing new cryptocurrencies. Based on the exchange’s prolific listing track record, you can expect practically every cryptocurrency that reaches a notable market capitalization to get a KuCoin listing sooner or later.

If you’re interested in hunting for new cryptocurrencies before they’re listed on exchanges, make sure to check out our guide on how to find and buy new crypto before listing. 

Source: https://coincodex.com/article/53496/new-kucoin-listings/