Crypto expert Camille Lemmens from the Altcoinbuzz team says that IDOs and coins are gaining interest again. So the expert takes a closer look at 7 new altcoin projects that recently had IDOs. In this section, the expert discusses the other three of the top 7 coins with 10-100X potential in Q1 2024.
The top altcoin project: Devomon (EVO)
We are returning to Blockchain games with Devomon. This sector has a market value forecast of 682 billion dollars for 2030. Blockchain games want to get a share of this pie. Devomon is the first Blockchain-supported anime brand. The protocol offers a variety of gaming options.
These range from AAA mobile games to comics and merchandise. Devomon also offers several features:
- GameFi: Currently, the Callisto game in alpha is available.
- NFTs: These come in the form of Evomon.
- Evoverse and Manga are coming soon.
EVO token IDOs took place today on Gate and MEXC. TGE (Token Generation Event) took place on Enjinstarter. The current EVO price currently stands at $0.001819. It’s too early to have a market value yet. GoinGecko talks about a market value of $500 thousand. However, there is a total supply of 275 million tokens.
Second place project: ChopSui (CHOP)
With ChopSui we find ourselves back in the Sui ecosystem. ChopSui is a dashboard and leveraged return strategy platform. This means we are back to DeFi. Sui focuses on gaming. However, they also have some good DeFi protocols under their wing. cryptokoin.comAs you follow from , SUI has seen a 65% price increase in the last 30 days.
With ChopSui you have the option to earn extra returns on your Sui ecosystem tokens. ChopSui has various return earning options. For example,
- Staking: With its native CHOP tokens and all other Sui ecosystem tokens.
- Farming: CHOP share in their hulls.
- Yield strategy options for experienced farmers.
Their deck says CHOP is a deflationary token. The platform will use 50% of its revenue to buy back its native CHOP token. Every quarter there will be a 10% supply burn. CHOP IDO is currently airing on Spores Network. Listing of the CHOP token will begin on January 24. The first listing will be on your local ChopSui exchange.
Last ranked altcoin: Stratum Exchange
Stratum Exchange provides deep liquidity on the Mantle network. Yesterday, FCFS IDO and EAO (Early Adopter Offering) were sold on the stock exchange. This sale took place on the Impossible Finance launchpad. We expect a STRAT token listing soon.
Stratum Exchange provides low slippage swaps and LP pools. LP pools provide staking rewards. If you lock the STRAT token, you will receive the veSTRAT token in return. You have the opportunity to lock your STRAT for up to 52 weeks. The longer you lock, the more veSTRAT you get. Owning veSTRAT allows you to vote on pool emissions.
Stratum Exchange also takes a new approach to the voting-escrow model. Andre Cronje inspired this with his Solidly and and(3,3) model. This AMM managed to achieve a TVL of $2 billion in just one week. Solidly failed in part because it was rushed. However, Stratum offers a more sustainable token model. Rewards long-term supporters. Stakeholders will see an incentivized wage generation.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. We strongly recommend that you do your own research before investing.
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For the rest of the article, Altcoin Expert: 3 Projects with 10X-100X Potential to Take on the Radar!