5 Cryptos Making Headlines

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5 Cryptos Making Headlines

Keywords: which crypto to buy today for the short term? What are some good new cryptos? New coins, New crypto tokens, Next big crypto
Image source: © Salarko | Megapixl.com

Highlights

  • LumosMetaverse launched on December 29 and saw a steep climb in price on Tuesday to US$0.17
  • Magnet DAO claims to reward its token holders by using its treasury reserves to invest in innovative projects
  • ApeBoys launched on Tuesday and aims to make NFT minting and P2E gaming very flexible to investors.

There are thousands of cryptos currently in circulation with new coins constantly being added to mix. In a pot that big, there are only going to be a few winners.

Let’s take a look at some of the most recent coin releases that stand out from the pack.

LumosMetaverse (LUMOSX)

LumosMetaverse launched on December 29 and saw a steep climb in price on Tuesday to US$0.17. It has since fallen to US$0.1026, which is still an increase from its initial launch price of US$0.08.

LUMOSX is an online browser strategy game where users have the opportunity to convert their LUMOSX into real money. It’s a simulation game where users can fight, work and even start companies.

Magnet DAO (MAG)

Magnet DAO launched on Tuesday at US$2.80 and briefly spiked at US$3.51. It has since dropped to US$2.02.

Magnet DAO claims to reward its token holders by using its treasury reserves to invest in innovative projects. The platform uses ten percent of its profits to invest making it into more than a blockchain which increases its market cap. This structure makes it a venture fund blockchain.

ApeBoys (APEBOYS)

ApeBoys launched on Tuesday and aims to make NFT minting and P2E gaming very flexible to investors.

ApeBoys is an NFT token with collection of 2500 unique NFT artwork currently being minted. Their goal is to make the blockchain international with a big following already in China, achieved through a successful marketing campaign.

The blockchain’s rollout is slated for three phases with the second phase including staking, which is designed to bring more value to the NFTs.

Phase three is the release of the ApeVerse al- a metaverse game involving virtual card games.

Gov World

GovWorld leverages the power of peer-to-peer cross-chain lending, making it the first decentralised finance (DeFi) ecosystem of its kind.

DeFi platforms exploded in 2021 and many bucked the trend in the latter months of last year as the rest of the market was plummeting.

Baby Clifford Inu (BABYCLIFF)

Memecoins are always a wildcard pick when selecting good coins. Baby Clifford Inu is yet another spinoff of the popular Dogecoin meme token, which saw tremendous growth last year.

BABYCLIFF launched on Tuesday and describes itself as a proprietary token with an anti rug pull mechanism and a locked liquidity pool.

Four percent of every transaction is redistributed to its holders, which encourages investors not to sell.

Although these coins can do well if users get in early enough, be aware that this one is risky.

Bottom Line

These are just five new cryptos which stand out from the countless others that have hit the market in the past few days. Check them out and keep updated!

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