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Although the crypto market is going through a challenging period, there’s no slowing down in the volume of exciting new projects launching regularly.
2022 has been a challenging year for the cryptocurrency market, given that various macroeconomic factors are affecting economies around the globe. However, financial markets are inherently cyclical – meaning new crypto releases could be poised to benefit from any upcoming rebound that might occur.
This article discusses 8 new cryptocurrency releases on top exchanges, highlighting which projects are standing out from the crowd before presenting a detailed guide on how to invest in one of these projects today.
The Top 8 New Cryptocurrency Releases on Top Exchanges in July 2022
Presented below are our picks for the best new cryptocurrency releases of 2022 – each of which will be analyzed in the following section.
- Lucky Block (LBLOCK) – Overall Best New Cryptocurrency Release for 2022
- Cartesi (CTSI) – World’s First ‘Blockchain OS’
- MOBOX (MBOX) – Interesting ‘GameFi’ Platform with Multiple Use Cases
- Voyager Token (VGX) – Native Token of Widely-Used Crypto App
- ApeCoin (APE) – Popular ‘Meme Coin’ with a Huge Community
- Green Satoshi Token (GST) – Utility Token on ‘Move-to-Earn’ App
- Nervos Network (CKB) – Scaling Solution Looking to Solve Interoperability Issues
- Gala (GALA) – Popular Crypto in the Blockchain-Gaming Niche
A Closer Look at the Best New Crypto Releases
Let’s take a closer look at each of the cryptocurrencies listed above, analyzing key factors such as their roadmaps, use cases, and price potential.
Lucky Block (LBLOCK) – Overall Best New Cryptocurrency Release for 2022
Through extensive research and testing, we’ve determined Lucky Block to be the best new cryptocurrency release of the year. For those who are unaware, Lucky Block is an innovative-crypto gaming platform that offers daily competitions that are fair, transparent, and decentralized.
LBLOCK produced quadruple-digit returns for presale investors after listing on PancakeSwap earlier in the year. However, since there’s a 12% tax whenever LBLOCK investors sell their tokens, the ‘LBLOCK v1’ token has become more popular for its utility within the Lucky Block ecosystem, rather than for active trading.
All of this is set to change soon, thanks to the upcoming launch of ‘LBLOCK v2’. This new version of LBLOCK uses the ERC-20 standard rather than the BEP-20 standard used by LBLOCK v1 – meaning the token is now compatible with the Ethereum blockchain. In turn, this provides a pathway for the token to be used in the abundance of dApps constructed on Ethereum.
However, this new token has begun making waves in the market since it can now be easily listed on CEXs, as it doesn’t feature the 12% sales tax. Listings have already begun in earnest, with LBank announcing they will offer the token from July 25th onwards. MEXC will follow suit immediately after, launching the token on August 1st.
The benefits of listing on exchanges like these cannot be understated, such as massively increased liquidity and compatibility with active trading strategies employed by day traders and scalpers. Potential investors can keep tabs on any upcoming listings by joining the official Lucky Block Telegram group or participating in the project’s Discord server.
Cartesi (CTSI) – World’s First ‘Blockchain OS’
Cartesi describes itself as the world’s first ‘Blockchain OS’, allowing dApp developers to create platforms on various chains. However, Cartesi differentiates itself from other scaling solutions by enabling developers to use ‘traditional’ programming mechanisms, such as Python and Linux.
Cartesi operates using a ‘Proof-of-Stake’ (PoS) protocol, which is where CTSI comes in. This token is used to incentivize node operators and to pay transaction fees. The supply of CTSI is capped at 1 billion tokens and has become a popular token amongst speculative investors.
MOBOX (MBOX) – Interesting ‘GameFi’ Platform with Multiple Use Cases
MOBOX is a ‘GameFi’ platform that offers an exciting combination of NFTs, blockchain gaming, and DeFi protocols. The ecosystem revolves around the blockchain gaming aspect, which offers numerous games produced by indie developers.
Players can earn MBOX tokens within these games, which can then be staked using the ‘MOMO Farmer’ feature. Combine this with the built-in NFT marketplace featuring in-game items, and MOBOX has all the makings of a successful crypto project.
Voyager Token (VGX) – Native Token of Widely-Used Crypto App
Voyager Token (VGX) is the native token of the Voyager application – an award-winning cryptocurrency platform where users can buy, sell, and trade digital currencies. Offering over 100 crypto-assets to trade with a commission-free fee structure, Voyager has become one of the most popular ways for retail traders to get involved in the market.
Users who own VGX tokens can stake their holdings through the app and earn yields of up to 7% per year. Extra rewards are offered to VGX holders already earning through the app, with a built-in loyalty program providing exclusive bonuses. Given the rapid growth of the Voyager app, this token looks set to have a bright future ahead of it.
ApeCoin (APE) – Popular ‘Meme Coin’ with a Huge Community
ApeCoin is a brand new ‘meme coin’ launched earlier in the year that garnered significant attention from mainstream media and social media channels. This coin is closely tied to the Bored Ape Yacht Club (BAYC) NFT collection, which has received massive acclaim within the market due to its impressive community backing.
Although ApeCoin hasn’t been directly created by BAYC’s team, tokens were airdropped to NFT holders earlier in the year as a ‘reward’. ApeCoin has also been announced as the native token of ‘the Otherside’ – the upcoming metaverse project from BAYC’s creators. Due to this and its other use cases, APE tokens remain one of the most talked-about crypto launches of the year.
Green Satoshi Token (GST) – Utility Token on ‘Move-to-Earn’ App
Green Satoshi Token (GST) is the native token of the STEPN app – the world’s first ‘Move-to-Earn’ platform. Within the app, users can earn rewards simply for walking, jogging, or running. All that’s required is a pair of NFT sneakers, which users can purchase through the platform.
Users can even rent their NFT sneakers to others, thereby retaining a share of the GST that the other party accrues. Interestingly, GST has also been used for speculation by crypto investors and is now available on a selection of leading CEXs.
Nervos Network (CKB) – Scaling Solution Looking to Solve Interoperability Issues
The Nervos Network is an open-source blockchain ecosystem that looks to solve the problems of interoperability and scalability. As a Layer-1 protocol that uses a Proof-of-Work (PoW) consensus, Nervos enables separate chains to share information and utilize smart contracts.
CKB is the native token of the Nervos Network and provides holders with a slice of the total state storage within the ecosystem. It’s also used to facilitate smart contract execution and given to miners as a reward. Now that CKB can be traded on major exchanges like Binance, this has led to a rise in popularity of Nervos Network and its service,
Gala (GALA) – Popular Crypto in the Blockchain-Gaming Niche
The final entry on our list of the best new cryptocurrency releases of 2022 is Gala. Gala is the native token of Gala Games, an ecosystem of blockchain-based games featuring NFT integration. There are currently five games in the ecosystem, with several more in the works.
The GALA token has been designed to be interoperable with these games, enabling players to purchase in-game items and earn rewards through skilled gameplay. Investors have also opted to buy GALA to gain exposure to the ecosystem’s growth – which is expected to continue, given the popularity of blockchain-based games.
How to Buy Lucky Block
As touched on earlier, Lucky Block leads the way when it comes to our list of the top new cryptocurrency releases. This token’s shift to an ERC-20 standard opens up a new realm of exciting possibilities within the market – including listings on major CEXs.
LBLOCK v2 will be available to trade on LBank from July 25th – an event that will likely appeal to a broad demographic of traders. Those interested in buying LBLOCK on LBank can do so by following the steps below:
- Step 1 – Open an LBank Account: Go to LBank’s website, click ‘Register’ and provide the necessary information to sign-up for an account.
- Step 2 – Verify Account: Complete verification by providing the details required for LBank’s KYC checks, then upload proof of ID (e.g. passport). LBank will verify the uploaded document and confirm within 24 hours.
- Step 3 – Deposit Funds: Click ‘Deposit’ on the Wallets section of the trading dashboard and choose which crypto you’d like to deposit. A wallet address will appear, which you can use to manually send the funds from your crypto wallet.
- Step 4 – Buy LBLOCK: Search for ‘LBLOCK’ using the search bar and click on the token when it appears. Scroll to the order box at the bottom of the screen, choose your order type/position size and confirm the transaction.
Although the crypto market is going through a challenging period, there’s no slowing down the volume of exciting new projects launching regularly. The projects mentioned in this article look to capitalize on the success of those that have come before – whilst carving out their own position within the market.
One of these projects making waves already is Lucky Block, which tops our list of the best new cryptocurrency releases this year. The upcoming launch of LBLOCK v2, Lucky Block’s ERC-20 token, opens up numerous doors within the market – providing scope for several top CEX listings in the weeks ahead.
Disclaimer: Coinspeaker is not responsible for the trustworthiness of any content or product on this page. Though our goal is to provide you with the most valuable information that we could find, we recommend you conduct the necessary research on your own before taking any decisions related to the products presented in this article. This article can’t be considered as investment advice.