New coins appeared on DEXTools: what to look out for

According to CoinMarketCap, the price of bitcoin has increased by 35% over the past 30 days. Not surprisingly, against the backdrop of such a breakthrough, recently listed projects have also become popular among traders. Dozens of new initiatives can be found on many crypto exchanges, which are related to topics such as ETFs, BlackRock and SEC. However, only a few of them really offer long-term earning opportunities. In this article – about two trending tokens that are worthy of investors’ attention, as well as what else to expect from listings on the Uniswap exchange.

Which cryptocurrencies are in demand on Uniswap

According to statistics, the notorious Dogecoin and Shiba Inu meme tokens are currently in a sideways trend. This means that the prices of these digital assets show neither significant growth nor decline. At the same time, the market capitalization of the Pepe meme coin cannot overcome the $500 million mark. It is worth noting that none of these three tokens are among the most trending digital assets on DEXTools or CoinMarketCap.

Moreover, increasingly, traders and investors are choosing new and themed cryptocurrencies. For example, related to the opening of the first bitcoin-ETF spot fund. According to analysts, these are the kind of coins that could become one of the biggest events in the industry.

Bitcoin ETF

The token, which will soon be available on the Uniswap trading platform, is now in the second stage of pre-sale. Its value is $0.0056. At the same time, the total amount invested to date exceeds $1.2 million.

Bitcoin ETF is a platform where users can follow the news about SEC decisions and find out what exactly is happening now with bitcoin spot funds. Such famous crypto investors from Youtube as Austin Hilton (235 thousand subscribers), Michael Wrubel (310 thousand) and No Bs Crypto (38 thousand) speak positively about this project.

The point of the new asset is to give investors the opportunity to earn more cryptocurrencies while they wait for the launch of the bitcoin-ETF. According to the roadmap, the development of the token is directly related to real market events. Plus, as the spot funds develop, one portion of the coins will be burned (to reduce transaction costs) and another portion will be accrued as a reward for staking.

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New coins appeared on DEXTools: what to look out for
Project website

Moreover, thanks to BTCETF, the level of income of coin owners can exceed 400%. It is worth visiting the official Bitcoin ETF website to learn more about the project roadmap and its key features. The advantages include:

  • Access to the steaking mechanism for early presale participants.
  • Opportunity to buy the asset at a favorable value before it appears on exchanges.
  • Transaction fees will be reduced through staking.

ETF Token

As the DEXTools platform shows, the coin called ETF The Token (ETF) has risen in price more than 1.5 thousand times since the beginning of September. The same result was once shown by the Pepe meme token after it was released on the Uniswap exchange.

It is not surprising that the ETF shows such a good performance, because it is supported by such crypto-enthusiasts as CryptolSO (132 thousand subscribers in X), Zoran Kole (111 thousand) and Ameba (22 thousand).

As of today, this promising token has bounced back again by 74% and is trading at $0.1726. This suggests that the digital asset has rebounded from the $0.15 level and is slowly moving towards $0.20.

At the same time, the developers themselves believe that their project is a kind of “bridge”. It connects two seemingly completely different phenomena – meme tokens and spot ETF funds. You can find out the exact price of the asset by simply turning to the DEXTools portal. Pros of the project:

  • The low price of the token makes it attractive for investors.
  • Covers 2 niches at once – ETFs and meme assets.
  • Fully decentralized LPs.

ETH ETF

It is worth noting that the launch of bitcoin-ETF is not the only object of discussion this year. In November, another event took place. BlackRock applied to launch a spot fund for Ethereum as well. As one might expect, the news caused a sharp rise in the price of the second largest digital asset. The price of the coin now stands at $2,018. This is significantly higher than the liquidation value indicated by the whale under the nickname sifu.eth.

The increased demand for Ethereum served as a kind of impetus for the emergence of a brand new crypto project called ETH ETF (ETHETF). The launch of this coin took place on November 14, 2023.

New coins appeared on DEXTools: what to look out for
The tokenization of the project is designed to grow the community, reward investors, and support interest in the coin once the ETF is approved

It is noteworthy that the token’s trading volume exceeded the $3.5 million mark within an hour of its appearance in the listing. At the same time, the liquidity level of the digital asset amounted to more than $1 million.

According to the developers themselves, “SEC approval will help Ethereum to join the ranks of such financial assets as gold and silver. At the same time, the purchase of ETHETF will allow us to celebrate this event and get pleasant bonuses.”

All information about how the new project will be further developed, investors will find on the official page of the coin. Moreover, users have the opportunity to track the price dynamics of the digital asset in real time. To do this, it is enough to visit the DEXTools information site. Advantages of the project:

  • In the first 10 minutes after the launch on Uniswap, the price of the asset increased by 186%.
  • Created in support of one of the most secure blockchains – Ethereum.
  • You can buy up to 95% of assets on the Uniswap exchange.

Completion

Massive anticipation of ETF endorsements of major cryptocurrencies influences the hype around coins ideologically dedicated to this legendary event. Such assets will start to work like meme assets – the price and demand for them will depend on the news in the market regarding ETF approvals. Given that the process is likely to be finalized at the end of this year or early next year, ETF-concept tokens have every chance to grow 10 times or more on the back of positive news. Of particular interest is the Bitcoin ETF, which can now be bought at a fixed cost as part of a pre-sale.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.

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