Newly Listed Tokens Overview by TokenInsight [2023 Week7]

What Tokens Did We List This Week?

As a Crypto data and research organization, our team will track the projects on the market and regularly count and present new projects and market hotspots, giving our users as much and as quick information about the market as possible.

A total of 95 new tokens have been listed on our website over the past week. In the figure below, we show the tokens with a trading volume of more than $900k in the past 24 hours and show the overall price changes from its initial launch price to today‘s price, as well as the corresponding community information.

Among the new tokens listed in the past seven days, the top three tokens in terms of 24-hour trading volume are Sudoswap, BAMBOO TOKEN, and Access Protocol.

• Sudoswap ($SUDO) is a concentrated liquidity AMM protocol designed specifically for NFTs.
• BAMBOO TOKEN ($BBO) is the utility token of PandaFarm Ecosystem which is a decentralized GameFi project deployed on Arbitrum.
• Access Protocol ($ACS) offers a new model monetization layer for all digital content creators.

In the past week, most of the projects were launched on BNB Chain and Ethereum, with DeFi, AI and Traditional Industry as the main fields. It is worth noting that the popularity of Arbitrum has increased this week, and the projects deployed on this ecosystem have also performed well in the market, which deserves more attention.

Specifically, the popularity of the DeFi field is still high, ranking first. At the same time, the field of AI has come from behind, and the popularity of it has continued to rise in recent weeks. In contrast, the number of new tokens related to NFT, Game and Meme has dropped significantly.

What Tokens Are Worth Paying Attention to?

Sudoswap ($SUDO), Tags: Ethereum, DeFi, NFT, AMM, DEX, NFT Marketplace

Sudoswap ($SUDO) is a concentrated liquidity AMM protocol designed specifically for NFTs. It was launched in July 2022 by anonymous developer 0xmons, zefram.eth, and 0xhamachi.

Unlike most other NFT marketplaces today, sudoAMM uses on-chain liquidity pools rather than off-chain order books. While this does add some gas overhead, the Sudo team have been mindful in keeping these costs to a minimum. On Sudoswap, as a trader, the experience is similar to other exchanges. Users select which NFTs to sell or purchase, and the router gives them an instant quote. With regard to liquidity provider, the experience is most similar to Uniswap v3. LP selects a price range to provide liquidity for, and then deposits the assets.

$SUDO is the governance token of Sudoswap and it has been listed on many centralized exchanges as well as Uniswap, with 24-hour trading volume of over $13 million. However, the price performance of it is relatively poor — the current price has dropped by about 35% from the price at the beginning of the launch.

BAMBOO TOKEN ($BBO), Tags: Arbitrum, Game, NFT

BAMBOO TOKEN ($BBO) is the utility token of PandaFarm Ecosystem, which is a decentralized GameFi project deployed on Arbitrum. PandaFarm is a panda game platform built around the theme of pandas, and it has launched several P2E games. The basic idea of "Play to Earn" at Panda Farm is to encourage pandas (users) to play more games, experience the fun of the game and get more bamboos by winning competitions and participating in missions, and buying more pandas from the bamboos won to improve the panda's battle. The team created unique algorithms for each game, which will be activated automatically by the contact.

Currently, $BBO has been listed on Bitget, with a 24-hour trading volume of over $25 million. The PandaFarm community is very popular, with more than 30,000 people following its official Twitter. Besides, PandaFarm also has an Airdrop plan — it will provide a portion of airdrop rewards to individuals or teams who have made significant contributions to the community as part of the community building process.

Access Protocol ($ACS), Tags: Traditional Industry, Web3

Access Protocol offers a new model for all digital content creators, whether a digital media company, a streaming company or a standalone influencer. By integrating Access Protocol on their site, creators can paywall and enable premium content to ACS stakers. Access Protocol’s proposed model allows users to stake to a creator once and maintain access to that creator’s content until the user unstakes rather than face a recurring credit card charge.

$ACS is the native token of Access Protocol, which has been listed on Coinbase, KuCoin, Gate.io, etc. Notably, the price of $ACS has increased by as much as 85.5%, which is undoubtedly a surprise when the prices of most tokens are falling.

IguVerse IGU ($IGU), Tags: BNB Chain, Social, NFT

$IGU is the governance token on BNB Chain of IguVerse, which is a Web3 application powered by high-end AI/ML and blockchain solutions. IguVerse connects the worlds of crypto and social media to let pet owners and pet lovers from all over the world earn rewards with their social media activities. It’s a SocialFi solution that is using the power of AI to the fullest extent. What's more, the models used in the IguVerse app are able to create high-quality art that rivals that of traditional artists. IguVererse redefines the whole concept of NFT using AI / ML technologies. Unique user-generated NFTs will become the new standard NFT 2.0, dethroning faceless collections. The Genesis IguVerse NFT Collection can be bought on the OpenSea platform.

The $IGU token has been listed on a number of exchanges including OKX, Huobi, and Kucoin, with 24h trading volume approaching $5 million, but the price performance is relatively modest. Compared with other projects, IguVerse's community is very popular, with more than 190,000 people following its official Twitter. After $IGU was listed on the centralized exchange, the popularity of the community has further increased. It is recommended to pay more attention to this project.

More Newly Listed Tokens

• Creamlands ($CREAM) is a Web3 social platform running on the Hedera Hashgraph brought to users by Creamies and Partners.
• Hashtag United Fan Token ($HASHTAG) is the fan token on Chiliz of Hashtag United F.C..
• creta ($CRETA) is a decentralized blockchain entertainment platform on Polygon.
• All In AI ($AIAI) is a BNB Chain-based protocol which uses cutting-edge artificial intelligence algorithms to analyze market trends and provide investors with valuable insights.
• ordinex ($ORD) is an all-in-one platform for trading Bitcoin NFTs (Ordinals).
• Two Paws ($TWOPAW) is a P2P lending protocol on Ethereum.
• AiWallet ($AIWALLET) is a secure multichain crypto wallet with AI support.
• Turk Shiba ($TUSHI) is a meme token on Ethereum.
• Tarmex ($TARM) is a multi-functional and technically equipped cryptocurrency exchange.
• Carmin ($CARMIN) is a blockchain protocol which aims to achieve scalability, security and decentralization.

Please note that we only provide market information for the projects mentioned in the article. We do not endorse or give investment advice on any of the projects. New projects often carry a high level of risk. Please exercise caution before taking any action and DYOR.

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