NOT and BB were the top newcomers in May 2024. CryptoRank analysts noted that a lot of new tokens appeared on the cryptocurrency market in May 2024. Notcoin (NOT) and BounceBit (BB) led the way
Notcoin (NOT) topped the ranking with $2.19 billion The interest is not only due to the prospects of use, but also due to the innovative solutions that the development team has implemented to improve user interaction
BounceBit (BB), with a total offering of $303 million. Categorized under the decentralized finance (DeFi) category, this token offers users services that are becoming increasingly in demand amid growing interest in alternative financial instruments. BounceBit attracts attention for its technological backbone and opportunities for investors looking to diversify their portfolios through the use of advanced protocols.
The other new tokens have also seen Renzo Rez significant success, but their market performance is less impressive.