Recently, Binance has launched a series of new projects, and their market value has also soared after they went online.
Historically, new coins perform much better than older coins during bull markets.
Representative projects such as $ALT, $JUP, $W and $ENA are examples.
New projects mean new opportunities, and here is my watchlist for tokens that will launch in the second quarter of this year:
LayerZero_Labs
There is no doubt that LayerZero is the most popular cross-chain interoperability protocol.
A year after raising $120 million in funding at a whopping $3 billion valuation, the protocol is finally starting preparations for its token launch.
As its team confirmed in December 2023, the LayerZero token will launch in the first half of 2024.
Considering the huge valuation of the Wormhole token that was launched yesterday and Wormhole is also one of LayerZero’s biggest competitors, I expect the LayerZero token to be valued at over $20 billion at launch.
Tfm_com *
TFM is the all-in-one terminal for the Cosmos ecosystem.
It is basically a super aggregator on Cosmos with 4 real-time professional trading products:
• Pro Trade - DEX aggregator
• IBC Swap - One-click cross-chain swap solution
• NFT Aggregator
• Limit Orders
Interestingly, TFM’s IBC Swap supports instant transactions on over 100 Cosmos networks.
The $TFM token launch is scheduled for April.
According to its team, $TFM will implement a revenue sharing model.
Eigenlayer
Eigenlayer is a highly successful rehypothecation protocol, attracting over $11 billion in TVL in less than a year.
The Eigenlayer mainnet has been confirmed to launch in the coming weeks.
This would be a good time to release the token, and according to insiders, the Eigenlayer team does plan to release the token in the second quarter.
However, the launch date of $EIGEN has not yet been officially announced.
1intro *
1intro is an advanced DEX and liquidity bootstrapping platform launched by Solana.
This will be Solana’s first (LBP) liquidity bootstrapping platform.
LBP is a mechanism designed for fair token distribution and price discovery.
By using LBP, new projects can raise funds and sell tokens at a fair price determined based on demand.
Since 1intro is building both the DEX and LBP, its goal is to become an all-in-one platform for Solana.
Its token launch event is expected to take place sometime in the next few weeks.
EclipseFND
Eclipse is Ethereum’s first L2 powered by the Solana virtual machine.
The project recently raised $50 million in funding from investors including Polychain Capital and Delphi Ventures.
Eclipse aims to provide the best of both worlds: the high security of Ethereum combined with the high scalability of Solana.
L2 is expected to launch on mainnet in early 2024, with its token generation event likely to occur shortly thereafter.
NATIXNetwork *
Natix is described as the first AI-powered dynamic map enhanced by DePIN.
In short, the project encourages users to map their surroundings. The data collected will then be used in smart city and mobile applications.
To collect this data, NATIX implemented a drive-to-win model. To get the bonus, you just need to download its app and keep it in detection mode while driving.
So far, the project community has traveled more than 10 million kilometers.
The Natix token is scheduled to launch in the second quarter of 2024.
Symm_io
SYMMIO is building a new trading primitive that enables leveraged trading of any asset.
It has an intent-centric design that allows builders and market makers to issue on-chain derivatives with deep liquidity.
Explaining its inner workings is a bit complicated.
In short, for every Party A that makes a transaction request, a Party B will respond, and both parties will provide collateral to execute the transaction.
Due to its design, SYMMIO can support hundreds of trading pairs.
SYMMIO does not operate its own front-end.
But many projects have already built frontends on SYMMIO, including:
• IntentX_
• ThenaFi_
• Basedmarkets
SYMMIO’s token issuance will likely take place in the second quarter.
Zksync
ZkSync needs no introduction as it is one of the top Ethereum L2s.
The founder of ZkSync recently stated: "The network must be decentralized, it must belong to its community, and now is the time to truly make that happen."
This makes me think that the launch of the ZkSync token is very close.
IntentX_
IntentX is the largest OTC Perpetuals DEX built on SYMMIO.
The protocol supports more than 260 trading pairs, has ample liquidity, and currently has an average trading volume of $15 million per day.
Its token issuance event is confirmed to take place immediately after IntentX is deployed on Mantle.
Interestingly, IntentX will be the first project to support the Ethena $USDe stablecoin as collateral for opening transactions on Mantle.
IntentX’s multi-chain deployment on Mantle is expected to be completed in the coming weeks.
Ionet_official *
Ionet is a decentralized cloud computing service built on Solana.
The goal is to give AI engineers access to distributed cloud clusters at a fraction of the cost of comparable centralized services.
With Ionet, you can rent out your GPUs or acquire computing power at a lower cost.
The project recently announced partnerships with big names in the industry such as Render Network and Filecoin.
Its token launch event will take place on April 28.
Swellnetworkio
Swell is the largest tokenless liquid staking protocol.
Recently, the protocol also released its own liquidity re-hypothecation solution, and later this month, it will launch its own Ethereum L2.
Swell’s L2 will be powered by the Polygon SDK and will offer native re-hypothecation yields.
Interestingly, L2 was built in partnership with Altlayer and EigenDA, both well-known companies in the industry.
According to the Swell team, the Swell token generation event will be held in April.
The above-mentioned projects all have huge airdrop rewards, and the operation tutorials are basically the same, that is, staking, interaction, purchasing NFT, test network, etc. If you do it, you may not get it, but if you don’t do it, you will definitely not have it.
Disclosure: I was an early investor in the projects marked with *.
Remember, if you view your position as a long-term investment, market declines should be viewed as a gift. It provides the opportunity to purchase more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.
I hope this topic is helpful to you. 🙏Thank you for your likes and support👍
