KuCoin, a popular cryptocurrency exchange, is known for frequently adding new tokens to its platform. This guide explores six highly anticipated KuCoin new listings for 2024, providing valuable insights for crypto investors interested in staying ahead of the curve.
U.S. charges KuCoin with failing to prevent money laundering. The exchange, popular for its frequent new listings, is accused of enabling illegal activity through its platform. Investors considering listings on KuCoin should be aware of these charges.
- $PEPU is a layer-2 blockchain designed for Pepe memes.
- Lower gas fees and faster transactions than other Pepe meme coins on the Ethereum layer-1
- Staking rewards for presale buyers and holders
- ETH
- USDT
- BNB
- +1 more
- Immensely popular meme token with zero fees, AI-driven trading, and MEV protection.
- As a PoS token $WAI can be staked to earn 163% p/a passive rewards.
- WienerAI's AI-powered predictive technology gives crypto enthusiasts exclusive insights to help find the next 100x gems.
- ETH
- USDT
- BNB
- +1 more
- An upcoming play-to-earn game which combines Doge Memes with Tamagotchi-style game play
- Stake your presale tokens and earn APR though the presale period and beyond
- $PLAY is the in-game currency for transactions and unlocking special features
- BNB
- ETH
- USDT
- Shiba-themed meme coin project with Wild West-inspired challenges and perks.
- Offers 'Lucky Lasso Lottery' with big crypto prizes up for grabs.
- Buy and stake $SHIBASHOOT tokens to earn 2288% APY passive rewards.
- ETH
- BNB
- USDT
- +1 more
- Multi-chain functionality
- Generous token allocation for community rewards
- Full token audit published
- SOL
- ETH
- BNB
- +2 more
- Established online casino with $50 million in monthly volume and 50,000 players
- Daily rewards for $DICE stakers based on casino performance
- $DICE holders eligible for 25% revenue share for referring new users to the platform
- SOL
- ETH
- BNB
- +1 more
- New token with Learn to Earn (L2E) model with exclusive courses
- Integration with BRC-20, opening the ability to build on top of the Bitcoin network
- Stakers enjoy high staking rewards every Ethereum block
- ETH
- USDT
- BNB
- +1 more
- A meme token with up to 257% in rewards
- CEX listing and a play to earn game on the roadmap
- Sponge V1 made 100x in 2023. Join V2 presale
- ETH
- USDT
- Debit
- Boost your earnings with eTukTuk: a thrilling P2E taxi-themed game offering tons of rewards.
- $TUK tokens are flying off the presale shelf with over $3.5M raised so far.
- Zoom up & down the streets in the fun eTukTuk play-to-earn ecosystem, & stake $TUK tokens to earn passive rewards.
- ETH
- BNB
- USDT
- +1 more
Potential new listings on KuCoin in 2024
Curious about what new cryptocurrencies might be gracing KuCoin’s shelves soon? This section explores potential KuCoin new listings in 2024, keeping you ahead of the exchange’s latest additions.
- PlayDoge (PLAY): This mobile P2E pixelated adventure game lets you raise your virtual Doge. Enjoy classic 2D adventures, train your pet, and earn real crypto rewards. PlayDoge offers a unique blend of nostalgia, engaging gameplay, and the potential to earn real money.
- Base Dawgz (DAWGZ): Latest Doge-themed meme coin with cross-chain compatibility offers generous referral and share-to-earn rewards. Within 10 days of the presale, Base Dawgz raised over $1 million, showing strong investor support.
- 99 Bitcoins (99BTC): is a leader in crypto education, with millions of users and a thriving community. Their $99BTC token lets you earn while you learn, with staking options for passive rewards. A potential KuCoin listing could fuel further growth.
- eTukTuk (TUK): tackles urban mobility challenges by providing eco-friendly eTukTuks. These AI-powered vehicles boast extended lifespans through predictive maintenance. The project also builds a solar-powered charging network for easy access to clean energy.
- Merlin chain (MERL): As a Layer 2 scaling solution for Bitcoin, Merlin Chain utilizes ZK-Rollups for efficient transactions. Leveraging Bitcoin’s security and adding decentralized oracles fosters a secure environment for developers to build innovative apps and unlock the full potential of Bitcoin’s assets.
- Masa (MASA) empowers users to own and share their data, enabling developers to build hyper-personalized AI applications. This decentralized network fosters a new era of AI development fueled by user consent.
- Omni Network (OMNI): Launched in 2021 by Harvard computer scientists, Omni Network has emerged as a key player in bridging Ethereum’s fragmented rollup ecosystems. Its secure architecture, featuring over $1 billion in restaked ETH, ensures near-instantaneous transaction confirmation for cross-rollup interactions.
- Zeus Network (ZEUS): redefines how Bitcoin and Solana interact. This bridgeless solution fosters secure innovation by enabling developers to craft powerful applications. From DeFi to advanced financial services, ZEUS Network unlocks a future where these blockchains work together seamlessly.
Listing and evaluating the potential of 8 new and potential listings on KuCoin
![Kucoin New Listings](https://www.valuewalk.com/wp-content/uploads/2024/04/KuCoin_Exchange_ValueWalk_1280x650.jpg)
Spotting promising crypto projects early can be a great way to build wealth. This section equips you with the tools to evaluate new and potential listings on KuCoin, helping you make informed decisions about these KuCoin new listings.
PlayDoge (PLAY): Pixel pets, Tamagotchi adventures, and crypto to win
PlayDoge is a mobile-based play-to-earn (P2E) game that transforming the popular Doge meme into a Tamagotchi-style virtual pet. Players are responsible for feeding, training, and entertaining their digital Doge while navigating nostalgic 2D adventures.
Embrace 90s nostalgia with PlayDoge’s 8-bit adventures! By purchasing $PLAY tokens during the presale, you can embark on this nostalgic journey and potentially earn additional crypto through engaging gameplay.
In addition to PlayDoge’s 8-bit adventures, you can earn $PLAY tokens by caring for your virtual Doge pet. By purchasing $PLAY tokens during the presale, you’ll get early access to this feature.
![playdoge token presale](https://www.valuewalk.com/wp-content/uploads/2024/06/playdoge-token-presale-3.jpg)
Talking points
Built on the Binance Smart Chain, PlayDoge has already raised over $4 million from investors eager to experience its unique blend of classic gameplay with modern blockchain technology.
Main features
- Play-to-Earn Mechanics: Earn $PLAY tokens by maintaining your Doge’s health and completing mini-games.
- Interactive Pet Care: Players must feed, train, and play with their digital Doge to keep it healthy.
- Community Engagement: The game fosters social interaction and competition among players.
- Token Utility: $PLAY tokens hold value both within the game and in the broader crypto market.
- Nostalgic Gameplay: Classic 8-bit side-scrolling adventures reminiscent of the 90s.
![](https://www.valuewalk.com/wp-content/uploads/2024/05/PlayDoge_background_ValueWalk_1280x600.png)
- Tokenomics: Total supply of 9.4 billion $PLAY tokens, with 50% available in presale. Remaining tokens are allocated for staking, project funds, community rewards, liquidity, and marketing.
Why KuCoin
A PlayDoge listing on KuCoin would significantly benefit both parties. KuCoin, known for its wide range of altcoins and strong community support, would provide PlayDoge with a reputable platform and increased visibility.
In turn, PlayDoge’s unique concept and engaging gameplay would attract more users to KuCoin, enhancing its user base and trading volume. PlayDoge’s detailed marketing roadmap includes increased marketing efforts and major exchange listings in its later phases, ensuring continued growth and engagement.
Listing with KuCoin would be mutually beneficial. It would propel PlayDoge’s reach and user adoption while boosting KuCoin’s market presence with an innovative and nostalgic P2E game.
Pros
- Mobile-first design: Optimized for smartphones, ensuring accessibility and convenience.
- Innovative roadmap: Clear development phases with strategic milestones and marketing efforts.
- Broad appeal: Attracts both retro game enthusiasts and crypto investors.
Cons
- High engagement required: Players must consistently care for their virtual pet to earn rewards.
- Stiff competition: Competes with other well-established P2E games and crypto projects.
Ticker | PLAY |
Current price | $0.005 |
Supply | 9.4B |
Network | Binance Smart Chain |
Founded | 2024 |
Base Dawgz ($DAWGZ) is a new and innovative dog-themed meme coin that supports multiple blockchains. Made possible by the Wormhole and Portal Bridge technologies, investors on Base, Solana, Ethereum, Binance, and Avalanche can seamlessly buy $DAWGZ and hold it in their wallets.
Base, Solana, and Ethereum already boast massive meme coin communities, and having $DAWGZ available to trade on these blockchains could massively help the token price in the long run.
![base dawgz token presale](https://www.valuewalk.com/wp-content/uploads/2024/06/base-dawgz-token-presale-1.jpg)
Talking points
That the Doge-theme is still strong in the meme coin community proves the $1+ million raised within 10 days after the presale launched.
Main features
- Cross-chain support: $DAWGZ is built on the Base blockchain but supports Solana, Ethereum, Binance, and Avalanche.
- Community rewards: Users who connect their X account and share Base Dawgz memes and related content will earn points, redeemable for $DAWGZ tokens.
- Referral rewards: Earn 10% in USDT of the amount invested with every new user you bring into the Base Dawgz community.
![Base Dawgz tokenomics breakdown](https://www.valuewalk.com/wp-content/uploads/2024/03/BASE-DAWGZ-TOKENOMICS-PIE.png)
Why KuCoin
Because of its massive meme potential and generous community rewards, Base Dawgz could be the next KuCoin listing after the presale ends.
Pros
- Advanced bridging tech: Utilizes Wormhole and Portal Bridge for seamless and secure cross-chain travel, enhancing security and trust.
- Disruptive potential: One of the rare cross-chain meme coins could disrupt the meme coin market.
- Generous rewards: Refer friends or share memes to earn generous rewards in $DAWGZ or USDT.
Cons
- Meme coin volatility: Meme coins are more volatile than Bitcoin or major altcoins, making them a high-risk/high-reward investments.
- May feel overwhelming: Despite its seamless cross-chain integration, users who only use one blockchain may feel overwhelmed.
Ticker | DAWGZ |
Current price | $0.00502 |
Supply | 8.453B |
Network | Multi-chain |
Founded | 2024 |
99Bitcoins (99BTC): Learn crypto and earn token rewards
99Bitcoins is a leading platform where users can learn about cryptocurrency and earn $99BTC tokens through its unique learn-to-earn model. Users can take interactive courses, quizzes, and challenges to acquire $99BTC, making crypto education accessible and rewarding.
![](https://www.valuewalk.com/wp-content/uploads/2024/04/99BItcoins_value_proposition_ValueWalk_1280x650.png)
Talking points
Its ongoing presale for native $99BTC tokens has already surpassed an impressive $620,000, signifying strong investor interest in the project. 99Bitcoins boasts a substantial user base with over 700,000 YouTube subscribers and 2 million registered users for its crypto courses, highlighting a strong demand for its educational offerings.
Main features
- Learn & Earn: Users earn $99BTC for completing educational courses and quizzes.
- BRC-20 bridge: Planned bridge to connect $99BTC to the Bitcoin blockchain, potentially boosting investor interest.
- Continuous improvement: Platform updates, new content, and partnerships to enhance user experience and token demand.
- Staking rewards: Earn an additional $99BTC passively through staking. (14% of tokens allocated for staking rewards)
![Kucoin New Listings, listings on KuCoin |](https://www.valuewalk.com/wp-content/uploads/2024/04/99BTC_Staking_Dashboard_ValueWalk_1280x630.png)
Why KuCoin
A listing on KuCoin, a major cryptocurrency exchange, would significantly increase exposure for $99BTC, attracting new users and investors to the learn-to-earn platform and its native token. This wider adoption could fuel the growth and value of $99BTC in the long run. This guide will show you how to buy 99Bitcoins‘ tokens early.
Pros
- Passive income Opportunity: Earn additional $99BTC through staking, incentivizing holding tokens.
- Bridging the gap to Bitcoin: Planned BRC-20 bridge to the Bitcoin blockchain could attract Bitcoin investors.
- Building a crypto-savvy community: Rewards users for learning, fostering a knowledgeable crypto community.
Cons
- Limited token utility outside platform: $99BTC’s current use case is mainly within the 99Bitcoins platform.
- Exchange listing potential: Listing on KuCoin not guaranteed.
- Competition in learn-to-earn space: Several platforms offer crypto education and rewards, creating competition.
Ticker | 99BTC |
Current price | $0.00101 |
Supply | 99B |
Network | Bitcoin Network |
Founded | 2024 |
eTukTuk (TUK): Ai-powered tuk-tuks for clean mobility
eTukTuk, a frontrunner for KuCoin crypto listings, is an AI-powered sustainable transport solution raising over $3.15 million USDT in its presale.
![Kucoin New Listings, listings on KuCoin |](https://www.valuewalk.com/wp-content/uploads/2024/04/eTukTuk_rendering_ValueWalk_1280x600.jpg)
Talking points
eTukTuk tackles urban mobility challenges in developing nations. It focuses on reducing carbon emissions through electric tuk-tuks (eTukTuks) and building a self-sufficient charging network. A strategic partnership with Sri Lankan conglomerate The Capital Maharaja Group (CMG) further strengthens its position.
Main features
- Simple, sustainable eTukTuks: Locally manufactured eTukTuks with less than 200 components and long-lasting batteries minimize environmental impact.
- AI-powered maintenance: eTukTuk leverages artificial intelligence to analyze various data points collected from vehicles, including battery health, motor performance, and driving patterns. This allows for preventative maintenance, optimizing repair schedules, and minimizing downtime.
- Solar-powered charging network: Strategically placed charging stations with independent power grids make charging accessible and efficient.
- Play-to-earn engagement:** eTukTuk’s “Crazy Taxi” style game incentivizes participation in the brand’s sustainable transportation ecosystem by gamifying the thrill of navigating virtual eTukTuks while offering cryptocurrency rewards. It educates potential users about the benefits of tuk-tuks while fostering a strong community.
![Kucoin New Listings, listings on KuCoin |](https://www.valuewalk.com/wp-content/uploads/2024/04/eTukTuk_staking_dashboard_ValueWalk_1280x600-2.jpg)
Why KuCoin
A KuCoin listing will significantly increase eTukTuk’s visibility and global accessibility, attracting a wider investor base to fuel their mission of sustainable transportation.
Pros
- Locally made, lower costs: Simple design with less than 200 components allows for local production, potentially making eTukTuks more affordable for drivers in developing nations.
- Data drives efficiency: AI goes beyond maintenance, optimizing routes and traffic flow for a smoother transportation network.
Cons
- Battery swap challenges: Replacing long-lasting eTukTuk batteries in remote areas could be a logistical hurdle.
- Emerging market competition: eTukTuk faces competition from other electric vehicle companies in developing nations.
Ticker | TUK |
Current price | $0.0305 |
Supply | 2B |
Network | BNB Smart Chain |
Founded | 2023 |
Newly listed coins on KuCoin to watch in 2024
Stay ahead of the curve by exploring KuCoin’s latest additions. These recently listed coins have the potential to make a splash in the crypto market this year.
Merlin chain (MERL): Layer 2 for Bitcoin = faster, cheaper transactions
Merlin Chain is a Layer 2 scaling solution for Bitcoin, aiming to empower the Bitcoin network’s native assets, protocols, and applications. It integrates ZK-Rollup technology, decentralized oracles, and fraud proofs for efficient and secure transactions.
![Kucoin New Listings, listings on KuCoin | Merlin Chain](https://www.valuewalk.com/wp-content/uploads/2024/04/Merlin_Chain_resource_ValueWalk_1280x600.jpg)
Talking points
Merlin Chain recently partnered with Umoja, a leading innovator in “smart money” protocols, to launch USDb, the first high-yield synthetic dollar on Bitcoin. This collaboration positions Merlin Chain at the forefront of DeFi innovation on Bitcoin, potentially generating significant interest among KuCoin’s users.
Main features
- Enhanced scalability: Leverages ZK-Rollups to process transactions off-chain, reducing congestion on the Bitcoin network.
- Robust security: Utilizes zero-knowledge proofs for verification on the Bitcoin blockchain, ensuring the security of the Merlin Chain network.
- Decentralized governance: Enables community-driven innovation through support for native Bitcoin assets and dApps.
- EVM compatibility: Aims to build an EVM-compatible chain for Bitcoin, unlocking the potential of Ordinals and other advancements.
![Kucoin New Listings, listings on KuCoin | Merlin Chain listed on KuCoin](https://www.valuewalk.com/wp-content/uploads/2024/04/Merlin_Chain_listed_on_KuCoin_ValueWalk_1280x600.jpg)
Benefits of KuCoin Listing
Building on the momentum of its recent listing on OKX, another major exchange, a listing on KuCoin would significantly increase Merlin Chain’s exposure to a wider audience of cryptocurrency investors and traders, potentially boosting its adoption and the value of the MERL token.
Pros
- Scalability: Faster and cheaper transactions on Bitcoin through ZK-Rollups.
- Security: Inherits security from the Bitcoin blockchain with zero-knowledge proofs.
- Innovation: Enables development of new dApps and fosters a thriving Bitcoin ecosystem.
Cons
- Newer technology: ZK-Rollups are a relatively new technology, and their long-term security needs monitoring.
- Centralization concerns: The success of Merlin Chain hinges on adoption and potential centralization within the network.
Ticker | MERL |
Current listing price | $1.0100 |
Supply | 2.1B |
24-hr trading volume | $2.91M |
Founded | 2024 |
Masa (MASA): Democratizing Ai data ownership
Masa Finance is a revolutionary project building the leading decentralized AI data and LLM (Large Language Model) Network. This user-centric platform empowers individuals to own, share, and earn from their data, ultimately fueling next-generation AI applications.
![Kucoin New Listings, listings on KuCoin | MASA Finance](https://www.valuewalk.com/wp-content/uploads/2024/04/MASA_Finance_listed_on_KuCoin_ValueWalk_1280x600.jpg)
Talking points
Masa Finance boasts impressive traction with over 1.4 million users, 48,000 node operators, and 38 million data points. Further solidifying its potential, Masa’s record-breaking CoinList Sale in March 2024 raised $8.75 million in MASA tokens within 17 minutes, and leading investors like Animoca and Digital Currency Group have committed $18 million to the project.
Main features
- Unlock data value: Tap into the most valuable data stream – user digital footprints. Train powerful AI models with user-consented data for hyper-personalized experiences.
- Decentralized data network: Build AI applications on Masa’s vast network of user-contributed data, enabling the creation of unique, data-driven applications.
- Open-Source LLMs: Leverage cutting-edge, open-source LLMs with OpenAI-compatible APIs, eliminating complex infrastructure setup.
- Decentralized Oracle Network: Effortlessly extract real-time data from public web sources and social media platforms.
- Optimized infrastructure: Benefit from Masa’s secure, high-volume encrypted data transaction infrastructure.
![Kucoin New Listings, listings on KuCoin |](https://www.valuewalk.com/wp-content/uploads/2024/04/MASA_Finance_listed_on_KuCoin_ValueWalk_1280x600-2.jpg)
Benefits of KuCoin Listing
This KuCoin listing could significantly enhance MASA token visibility and liquidity. This would fuel wider adoption within the Masa ecosystem and accelerate the project’s mission of democratizing AI data ownership. By listing MASA, KuCoin would be positioned at the forefront of the decentralized AI data revolution.
Pros
- Transparency and security: Masa prioritizes transparent data management with secure, encrypted transactions.
- Disruptive potential: This user-owned data model has the potential to disrupt traditional data ownership models.
- Easy data integration: Masa simplifies data extraction from public web sources and social media platforms.
Cons
- Complexity of user adoption: Educating users on data privacy and value sharing can be challenging.
- Data privacy concerns: Needs robust security measures for user data.
Ticker | MASA |
Current listing price | $0.18841 |
Supply | 1,588,866,523 |
24-hr trading volume | $343,176 |
Founded | 2024 (Mainnet launch) |
Omni Network (OMNI): Bridging the fragmented future of Ethereum
Ethereum’s rollup boom has fractured the network, isolating users and capital. Omni Network (OMNI) tackles this challenge by creating a unified roll-up network primed for a KuCoin listing.
![Kucoin New Listings, listings on KuCoin | Omni Network debuts on Binance Launchpool](https://www.valuewalk.com/wp-content/uploads/2024/04/Omni_Network_debuts_on_Binance_Launchpool_ValueWalk_1280x600.png)
Talking points
Launched in 2021, Omni recently secured its place as Binance’s 52nd Launchpool project, raising over $1 billion in restaked ETH. Backed by giants like Coinbase Ventures and Pantera Capital, Omni is poised for significant growth.
Main features
- Sub-second finality: Omni’s innovative architecture instantly confirms transactions, reducing waiting times and ensuring a smooth user experience for cross-rollup interactions.
- Unified rollup network: Omni Network dismantles the silos created by Ethereum’s rollup-centric approach. It acts as a bridge, allowing users across different rollups to interact seamlessly. This fosters greater network liquidity and eliminates inefficiencies caused by fragmented ecosystems.
- Minimal integration: Designed for ease of use, Omni minimizes developers’ steps to integrate their applications across various rollup environments.
- Universal gas marketplace: Omni streamlines gas fee management by introducing a universal gas marketplace. Developers can leverage this marketplace to ensure efficient gas allocation for roll-up transactions.
![Kucoin New Listings, listings on KuCoin |](https://www.valuewalk.com/wp-content/uploads/2024/04/Omni_Network_listed_on_KuCoin_ValueWalk_1280x600.jpg)
Benefits of KuCoin Listing
By gaining exposure to KuCoin’s massive user base, OMNI can attract a wider audience of investors and developers interested in the future of Ethereum’s interoperability.
This will translate to increased liquidity for the OMNI token, fueling further growth and development of the Omni Network. Ultimately, a KuCoin listing would act as a major catalyst for Omni’s mission
Pros
- Unified rollup network: Connects fragmented Ethereum rollups.
- Sub-second finality: Ensures near-instantaneous transaction confirmation for cross-rollup interactions.
- Developer-Friendly: Simplifies integration for cross-rollup development.
- Interoperable by design: Omni adapts to future roll-up solutions, maintaining a unified network.
Cons
- New integration layer: Omni adds complexity for developers familiar with existing rollups.
- Emerging project: Shorter track record compared to established solutions.
Ticker | OMNI |
Current listing price | $24.970 |
Supply | 100,000,000 |
24-hr trading volume | $1.39M |
Founded | 2024 (Binance launch) |
Zeus network (ZEUS): Secure bridge for Bitcoin & Solana apps
ZEUS Network is a cross-chain communication layer built on Solana Virtual Machine (SVM) that seamlessly connects Bitcoin and Solana.
This bridgeless solution allows developers to build innovative applications, unlocking a future of high-performance DeFi and secure financial services.
![Kucoin New Listings, listings on KuCoin |](https://www.valuewalk.com/wp-content/uploads/2024/04/Zeus_Network_media_ValueWalk_1280x600.jpg)
Talking Points
ZEUS Network’s Future Dollar Value (FDV) surpassed $1 billion before its Mainnet launch, indicating strong investor confidence.
Main features
- Bridgeless security: Assets on each chain (Bitcoin and Solana) remain secure within their respective protocols.
- Unleashing developer potential: Build diverse applications and services connecting Solana and Bitcoin.
- ZEUS ecosystem: Explore opportunities like native staking, wrapped Bitcoin with DeFi yield, and a native Bitcoin collateralized stablecoin.
![Kucoin New Listings, listings on KuCoin |](https://www.valuewalk.com/wp-content/uploads/2024/04/Zeus_Network_Listed_on_KuCoin_ValueWalk_1280x600.jpg)
Benefits of KuCoin Listing
A KuCoin listing would provide ZEUS Network with greater exposure to a vast user base and increased liquidity, further propelling its mission to bridge the gap between Bitcoin and Solana.
This visibility would complement the recent strategic investment from OKX Ventures, a leading investment firm in the crypto space, further solidifying ZEUS Network’s position as a significant player in bridging Bitcoin and Solana.
Pros
- Frictionless integration: ZEUS Network simplifies development by removing the complexities of traditional bridging solutions.
- Cross-chain liquidity: Enables seamless flow of liquidity between Bitcoin and Solana, benefiting DeFi applications.
- Future-proof infrastructure: Built on Solana Virtual Machine, ZEUS Network leverages Solana’s scalability and security.
Cons
- Competition in bridging space: Other blockchain bridging solutions may vie for market share.
- Potential security vulnerabilities: As with any new technology, unforeseen security risks can emerge.
Ticker | ZEUS |
Current listing price | $0.7124 |
Supply | 1,000,000,000 |
24-hr trading volume | $352,240 |
Founded | 2024 |
Kucoin new listings compared
Project | Token | Chain | Supply | Status |
PlayDoge | PLAY | Binance smart chain | 9.4B | Presale |
Base Dawgz | DAWGZ | Multi-chain | 8.453B | Presale |
99Bitcoins | 99BTC | Ethereum → Bitcoin network | 99B | Presale |
eTukTuk | TUK | Binance smart chain | 2B | Presale |
Merlin chain | MERL | Bitcoin network | 2.1B | [Listed on KuCoin] |
Masa | MASA | Ethereum | 1,588,866,523 | [Listed on KuCoin] |
Omni Network | OMNI | Ethereum | 100M | [Listed on KuCoin] |
Zeus Network | ZEUS | Bitcoin network | 1B | [Listed on KuCoin] |
What happens to a token’s price after it’s listed?
A token’s listing on a cryptocurrency exchange can be a pivotal moment, impacting its price in several ways:
Increased Exposure and Demand: Exchange listings expose a token to a wider audience of potential buyers, often leading to increased demand and potentially driving the price up. This is especially true for established exchanges like Coinbase.
Studies suggest a significant price jump, with Coinbase listings historically leading to a 91% increase in the first five days of trading. Similar effects are observed with other major exchanges. In 2022, an estimated two-thirds of newly launched tokens on Binance saw price increases. The Optimism (OP) token exemplifies this; its price skyrocketed over 300% shortly after its Binance debut.
Improved Liquidity: Listings enhance a token’s liquidity, making buying and selling easier. This can attract more investors who prefer assets with readily available buyers and sellers.
Market Validation and Credibility: Being listed on a reputable exchange suggests a level of legitimacy for the token and the project behind it. This can inspire confidence in investors, potentially leading to price appreciation.
Short-Term Volatility: Listings can trigger short-term price volatility. Speculative trading often intensifies around listing events, causing price swings. This volatility can be both positive and negative.
Delisting Risk: Conversely, delisting from a major exchange can significantly impact a token’s price. When a token loses access to a large trading pool, its liquidity can dry up, leading to price drops. This highlights the importance of project fundamentals and long-term viability.
Remember:
- Listing effects aren’t guaranteed.
- The project’s underlying value plays a major role in long-term price performance.
- Thorough research is crucial before investing in newly listed tokens.
In Conclusion:
KuCoin new listings can be a positive development for a token, but they’re not a magic bullet. While short-term price increases are common, long-term success depends on the project’s fundamentals and its ability to attract and retain users.
Is KuCoin Still Relevant in 2024?
In March 2024, KuCoin faced charges by U.S. prosecutors regarding anti-money laundering laws. Despite this challenge, KuCoin has taken steps to address compliance and remains a relevant player in the crypto exchange market for several reasons:
- Solid foundation: Ranked 7th with a daily trading volume surpassing $764 million and over 30 million global users, KuCoin demonstrates significant activity and user trust. This is further bolstered by their substantial reserves exceeding $3.2 billion, indicating financial stability.
- Comprehensive services: KuCoin goes beyond just basic spot trading. They offer margin trading for leveraged gains, P2P fiat trading for easy entry with cash, futures trading for speculation on price movements, and staking for earning passive income on your holdings. This caters to a wide range of investment goals and risk tolerances.
Innovation and User Focus: KuCoin’s commitment to user experience is evident in their development of innovative trading tools like the KuCoin Trading Bots, which saw over 1.3 million new setups in 2024 alone.
This signifies user trust and a willingness to embrace new technologies. Furthermore, KuCoin’s compliant re-entry into India alongside Binance highlights their focus on regulatory adherence and potential for user base expansion.
Speaking of Binance, don’t forget to read our Bybit vs. Binance comparison article to see how Kucoin measures up against its competitors.
FAQs
Why are listings good news for the token?
Is KuCoin a safe crypto exchange?
What are the best tokens on KuCoin?
Is it risky to trade newly listed coins?
Which coins are listed on KuCoin?
Can I trust KuCoin?
In 2023, Forbes named KuCoin one of the Best Crypto Exchanges, indicating industry recognition.
Additionally, KuCoin’s innovative trading solutions, like the KuCoin Trading Bots, saw over 1.3 million new setups, suggesting robust user confidence and engagement.
Does KuCoin have a future?
However, KuCoin’s strong user base (over 30 million users in more than 200 countries and regions) and its range of services (Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking) position it well for the future.
Additionally, Binance‘s and KuCoin’s return to India as compliant crypto exchanges suggests a potential for wider user base growth.
Sources
- https://news.bitcoin.com/umoja-partners-with-merlin-chain-to-launch-bitcoins-first-high-yield-synthetic-dollar/
- https://decrypt.co/225843/masa-announces-masa-token-listing-on-leading-exchanges-as-it-launches-its-ai-data-network-mainnet
- https://www.coindesk.com/business/2023/09/07/pantera-capital-leads-165m-investment-in-zk-powered-dex-brine-fi-at-100m-valuation/
- https://www.binance.com/en/support/announcement/introducing-omni-network-omni-on-binance-launchpool-farm-omni-by-staking-bnb-and-fdusd-3954d04933da443ab539ca38616013de