The 7 best new tokens according to CoinMarketCap – MEMAG tops the charts

CoinMarketCap

Bearish sentiment had a negative impact on the digital currencies market. A downtrend was predicted, as well as the onset of the “cryptozyme”. However, many coins managed to survive this period quite successfully. New tokens based on memes, or assets of narrowly focused promising projects, were mostly profitable.

Here are 7 coins that were included in the top search queries on CoinMarketCap:

  • MEMAG. Meta Masters Guild cryptogame platform token, which has already raised $1.5 million in investment.
  • FGHT. The internal token of Web3 fitness platform Fight Out.
  • Tamadoge (TAMA). A meme coin with NFT, an augmented reality game and app.
  • Ariva (ARV). A coin for travelers and tourists.
  • RichQUACK.com (QUACK). A new meme coin with additional features.
  • Bitcoin (BTC). The most famous cryptocurrency with growth prospects.
  • Ethereum (ETH). Altcoin that improved its performance after the transition to a new protocol.

MEMAG

MEMAG is an internal token of Meta Masters Guild platform. The project positions itself as a community of developers whose mission is to develop a P2E ecosystem for mobile applications. All games on the platform will use a single MEMAG token, as well as Gems rewards that can be exchanged for MEMAG.

So far 3 games are being developed on the platform, but the creators promise that they will be constantly added. The project at the final stage of development – Meta Kart Racers – offers to fight on one of the many exciting race tracks. You can play alone in arcade mode or test your skills in PVP (Player versus player) competitions with high stakes. Limited edition NFTs are available in arcade mode.

The MEMAG token is already in the 3rd of 7 pre-sale phases, with the 4th phase starting in 5 days. Currently the price of MEMAG token is 0.013 USDT, in the first phase the token price was 0.007 USDT (which is 42.8% lower than now).

The 7 best new tokens according to CoinMarketCap - MEMAG tops the charts
Trading platform with game characters

There are a total of seven phases in the pre-sale, during which it is planned to raise almost 5 million USD of investment. Benefits of the project:

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9.5

The largest crypto exchange where you can quickly and safely start your journey in the world of cryptocurrencies. The platform offers hundreds of popular assets, low commissions and advanced tools for trading and investing. Easy registration, high speed of transactions and reliable protection of funds make Binance a great choice for traders of any level!

  • Single cryptocurrency in all projects of the ecosystem.
  • Variety of games that will be supplemented.
  • Attractive token price in the presale.

FGHT

Fight Out is an innovative fitness app with a Move-to-Earn feature. By introducing the ability to receive tokens for exercise, the developers hope to popularize fitness and make it more accessible. Also, all of a participant’s progress will be displayed on their NFT avatar, which should give them an extra incentive to keep exercising. Once the avatar is pumped up to a certain level, its owner will be able to participate in meta universe competitions and receive tokens for winning.

The 7 best new tokens according to CoinMarketCap - MEMAG tops the charts
Plans for development in the near future

FightOut also plans to open a network of sports clubs in the US and then worldwide to develop an active community of enthusiasts. The Fight Out app emits its own token $FGHT, which can be purchased on the presale 1 $FGHT = 0.01727 USDT. The project has already raised nearly $3.5 million in investment since the presale opened in early December.

Project Benefits:

  • An integrated meta universe for fighting tournaments.
  • A network of gyms that will open by the end of the year.
  • Different exercise options with tokens as rewards.

Tamadoge (TAMA).

This meme coin belongs to the deflationary ones. A Play-to-Earn crypto-game based on Web 3.0 technology will be released in the future. Users will get their own pet with random characteristics. It will need to be fed and cared for until it grows up. After that, the gamer’s ward will be able to participate in battles in the arena with other pets, and in case of victory the owner will be credited with TAMA tokens.

The 7 best new tokens according to CoinMarketCap - MEMAG tops the charts
Game project with the participation of the project’s cryptocurrency

The project became quite popular literally immediately after its successful launch in early 2022 and successfully passed the pre-sale stage. In just five weeks, it raised $19 million dollars from interested investors. The token started selling at a price starting from 0.01 dollars. Initially, the creators of the project planned to raise 10 million dollars, but then decided to increase the goal.

By the end of pre-sales, the price increased to $0.03 per unit. The coin is characterized by strong tokenomics, providing a reserve of $2 billion. At the same time, the developers will apply a number of mechanisms to maintain a high price. In particular, according to available information, 5% of tokens after each transaction will be subjected to burning. 30% of coins are planned to be directed to the solution of tasks to promote the project. As a result, only 65% of the total volume of issued tokens will be available in the game itself.

Now the coins are traded on the MEXC, OKX, OKX DEX exchanges. The future of Tamadoge looks quite promising. At the moment, negotiations with the Binance exchange are underway. Also in the near future it is planned to launch a mobile application and master the augmented reality technology.

In the fall of 2022, the Tamadoge project started selling ultra-rare NFTs, which provokes the growth of the token price.

Ariva (ARV).

A BEP-20 format crypto-token based on the BNB Chain blockchain. Launched in 2021, the project offers solutions in the tourism sector. The main goal is to allow token holders to conduct fast transactions while traveling using ARV. In particular, Ariva wallet owners will be offered to book plane tickets, buy goods on arrival and more.

The 7 best new tokens according to CoinMarketCap - MEMAG tops the charts
Blockchain-based startup for the tourism industry

The project also includes a decentralized portal for tourists, Ariva.Finance’s own payment gateway for secure transactions, and a virtual world called Virtual Wonderland, which is already available to users.

The smaller the fees for money transfers, the more users use cryptocurrencies. Project Ariva aims to make it possible for merchants and businesses to offer their customers to conduct a transaction using Ariva, Bitcoin and Ethereum cryptocurrencies.

The project has issued 100 billion tokens. Only 78.94% of the coins will be available for purchase. 18.4% of the developers will save on the main wallet and will be directed to marketing development. Now the coin can be purchased on several platforms at once. Trades are conducted on PancakeSwap, Bitrex, Gate.io and Liquid.

The only thing that stops investors from buying is the hidden information about the developers of the project. They explain their approach by the fact that they strive to create a truly decentralized platform.

The project has every chance to continue its growth and development. Ariva has occupied such a niche, which will retain its popularity for many years.

The project appeared on the background of the popularity of meme coins. And while most tokens are dedicated to dogs, RichQUACK.com is launching a new pet – a duck.

The 7 best new tokens according to CoinMarketCap - MEMAG tops the charts
The startup’s mascot

QUACK is a deflationary kind of token. Initially, 100 quadrillion coins were released. But already, more than 50% of the entire stockpile has undergone burnout. There are about 45 quadrillion tokens in circulation. The project itself runs on the Binance Smart Chain blockchain. It uses a proof-of-stake algorithm, due to which it needs less energy.

The Rich Quack project aims to become a platform that will unite other decentralized projects. Soon, investors will have the opportunity to participate in drawings and receive coins for it. The platform plans to launch three types of draws – hourly, weekly, and monthly.

In order to increase the liquidity of coins, transaction fees will be charged. 12% is deducted from each payment. Of these, 4% is allocated to the liquidity pool, 2% – for marketing activities.

The coin is gradually gathering its army of fans. The number of subscribers is increasing in the groups of the project in social networks Twitter, Telegram and Discord. Initially, the coin did not inspire much confidence, but the beginning of listing on the Gate.io exchange improved the situation a bit.

Bitcoin (BTC)

The oldest and best-known digital currency. It attracted investors’ attention to the crypto world back in 2008. If initially trades were conducted at a price tag of up to 1 dollar, last year the token managed to reach its historical maximum – almost 70 thousand dollars per unit.

The token has experienced many ups and downs. Many factors influence its value – COVID-19, inflation, aggravation of relations between the US and China.

Despite the fact that the token behaves rather unpredictably lately, many investors still trust it more than new cryptocurrency projects.

Among the main advantages of bitcoin that make the coin popular and attractive are the deflationary tokenomics. 21 million dollars worth of BTC has been issued, and 90% of it has already been minted.

Bitcoin is now selling at just under $23,000 per coin. Despite the sharp drop in value since the last high, the token is still being hailed as the most reliable for long-term investments.

Ethereum (ETH)

Ethereum (ETH) is a decentralized blockchain that is open source. It provides access to smart contracts and conducts the maintenance of the ETH cryptocurrency. It is the largest altcoin that currently exists. The total value of the coins is estimated at $161 billion.

The maximum capitalization of $571 million was reached by the token in November last year. The coin was sold at a price of $4900 per unit.

The latest significant development in the project was a protocol update. The transition from Proof-of-Work to Proof-of-Stake made the token more energy efficient. The update increased the popularity of the coin in the eyes of investors, as well as accelerated transactions.

At the moment, the digital currency has a number of problems. For example, high gas fees and scalability issues. Experts suggest that switching to a new protocol could solve these problems.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.

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