Crypto.com recently listed 14 tokens on its platform. When digital currency exchanges support new coins, it could be an indication that the project is worthwhile and has some real use cases. Unfortunately, there are many exchanges out there that randomly support coins even though they have little or no utility.
This is not surprising since most of these exchanges are in business to make profit. What we have seen is that even fraudulent blockchain projects are sometimes listed in even seemingly reputable exchanges. These can even be pumped before becoming exit scams.
Crypto.com announced that it has listed 14 new coins, we decided to take a look at these newly listed cryptocurrencies to know if they’re worth your interest.
According to the exchange, 7 new ERC20 tokens were added to the platform’s De-Fi wallet. These are:
Doge Killer (LEASH)
Presently trading above $3000, this coin has been listed in 22 exchanges and from the supply of 107,647 coins, this project built on the Ethereum network is worth investing in.
Floki Inu (FLOKI)
Rank – 2717
Maximum Supply – 10,000,000,000,000
Circulating Supply – 9,413.53B
Market Price – $0.0002914
The coin is a project of the Shiba Inu community and aims to be a tool for tackling world hunger. Its active community is a motivating factor to its potential success.
XYO (XYO)
Rank – 118
Total Supply – 13,960,974,963
Circulating Supply – 12.84B XYO
Market Price – $0.06876
Market Capitalization – $884,734,526
This coin is actively traded in 27 exchanges and is built on the Ethereum blockchain. The platform is an oracle enterprise for location based data sharing. The coin is presently up by 51.77%.
Litentry (LIT)
Rank – 387
Maximum Supply – 100,000,000
Circulating Supply – 27,267,478.96 LIT
Market Price – $5.13
Market Capitalization – $139,962,479
This is a decentralized data and identity network that is built with a focus on the user. The data management infrastructure works on the Ethereum blockchain as an identity aggregator. It is also ready for cross-chain linkage with Polkadot.
Bella Protocol (BEL)
Rank – 400
Maximum Supply – 100,000,000
Circulating Supply – 48,000,000.00 BEL
Market Price – $2.75
Market Capitalization – $131,814,293
This platform is a provider of enterprise solutions for decentralized finance (De-Fi). The concept is to make crypto banking solutions cheaper and easier to access.
New ERC20 tokens added to the https://t.co/vCNztATkNg DeFi Wallet
✅ Doge Killer (#LEASH)
✅ Floki Inu (#FLOKI)
✅ XYO (#XYO)
✅ Litentry (#LIT)
✅ Bella Protocol (#BEL)
✅ Newscrypto (#NWC) pic.twitter.com/SQlmwEWxsJ— Crypto.com (@cryptocom) November 4, 2021
Newscrypto (NWC)
Rank – 394
Maximum Supply – 280,000,000
Circulating Supply – 150,400,833.70 NWC
Market Price – $0.9015
Market Capitalization – $135,584,989.65
This is the token of NewsCrypto, an education content platform.
The other 7 BEP20 tokens added made it a total of 14 new additions to the Crypto.com De-Fi wallet. These additions are:
Filecoin (FIL)
Tron (TRX)
Ethereum Classic (ETC)
Bitcoin BEP2 (BTCB)
Elrond (EGLD)
EOS (EOS)
IOTA (MIOTA)
Since most of these do not need introduction, we would highlight BTCB and Elrond.
Bitcoin BEP2 (BTCB)
Rank – 35
Total Supply – 112,501
Circulating Supply – 105,099.66 BTCB
Market Price – $61,453.52
Market Capitalization – $6,479,928,129
This token on the Binance chain is completely backed by a reserve of bitcoins.
Elrond (EGLD)
Rank – 36
Maximum Supply – 31,415,926
Circulating Supply – 19,688,268.13 EGLD
Market Price – $319.38
Market Capitalization – $6,287,673,720
Elrond is a blockchain project that is meant for use in the new internet and decentralized finance. The blockchain accomplishes this using the sharding process.
All these coins and more can be easily acquired at one of the top cryptocurrency exchanges.
