What are cryptocurrency listings and where to look for tokens with potential?

Cryptocurrency listing is the process when a particular coin becomes available on a trading platform. As a rule, such a launch has a positive impact on the growth of assets and their further development. Dogecoin20, which recently appeared on the Uniswap platform, is an example. In the first hours, it rose in price by 100% and is now trading at a price of $0.0001816. In the material – how to find promising coins on exchanges and what you should pay attention to this spring.

Where to look for new cryptocurrency listings?

One of the most common ways not to miss a profitable listing is presales. Early sales allow you to take a closer look at an asset and analyze its potential value. As part of this initiative, investors see how much the token is in demand, how the community behaves regarding the coin, etc.

Of the most promising presales at the moment, Slothana stands out in particular. It is a meme project that operates inside the Solana blockchain. The latter is known for issuing a number of successful tokens. Among them are SMOG, WIF, BONK and many others.

The new token $SLOTH attracts the attention of investors with unusual presale conditions. The presale does not have a large number of stages, as it happens with many other projects. The creators decided to make one long stage, which eventually raised over $10 million. When the hard capitalization of the coin crossed this mark, the team activated a special timer. It counts down the time until the token is launched on cryptocurrency exchanges. At the time of writing, there are less than 10 days left until this event.

The purchase of $SLOTH can be done in two ways. The first is to send $SOL tokens directly using a widget on the project’s website. The second is to conduct a transaction from a decentralized wallet to the address specified on the homepage – EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA.

Separately, it is worth noting that for one $SOL asset, investors can get 10,000 $SLOTH at once. In addition, the purchase of tokens opens access to airdrop. All participants of the presale on the background of the listing will be paid additional coins.

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Another way is to use special services that monitor cryptocurrency exchanges. For example, ListedOn.org. The service shows the coins released on centralized exchanges. A separate advantage of this online portal is the presence of a Telegram-bot – ListedON. With its help, you can easily and conveniently find the necessary data on 136 different trading platforms.

If the investor works with DEX-exchanges, the ListingSpy platform will suit him. However, it should be borne in mind that information about assets appears only after their release on the sites. To get the necessary data in advance, it is recommended to follow the news about the projects in their accounts in social networks and official pages.

Users who want to find out reliable information about listings can use sites such as CoinMarketCap and KuCoin. They offer separate sections containing information about tokens recently added to the exchanges. In addition, these same portals compile lists of projects that investors should pay attention to if they wish to make a profit.

Penulis: Saifedean Ammousseorang pakar ekonomi mata uang kripto.