We often talk here about being early. The Solanas of the world dropping like a cliff to $8 and making a full recovery to approach all-time highs is rare. Yet, early investment into quality, where you can 50x or 100x, is possible with lots of different projects.
And you can’t get earlier than their Token Generation Events or TGEs. So today, we have 3 high-quality upcoming Token Generation Events or TGEs just for you.
LogX
As first of today’s Token Generation Events, we have LogX. It’s a DeFi super-app whose TGE is today. LogX is more than just a spot and futures or perps DEX. They also offer,
Prediction markets
Options markets
RWA asset pairs
Launchpad for memecoins
And more
LogX website
Powered by Arbitrum, that means fast transactions, EVM compatibility, and low fees.
LogX’s trading experience for users includes gasless trades as well as trading “exotic” pairs or perps across different chains. This is one of the things typical DEXes have been missing since you must connect from a specific network within your wallet.
But you can trade across chains on LogX.
Orderly Network is one of the reasons why. They provide multichain cloud liquidity for DeFi projects. This addresses the fragmented liquidity problem we’ve discussed here before. That’s where $$ bridges over to say Arbitrum or Optimism, and it stays “trapped” there in that ecosystem. And that liquidity can’t mix with ETH or Polygon liquidity to make for better trades for all.
Orderly and DEXes like LogX are working hard on this problem as better liquidity means more trades at lower prices for users.
LogX Backers
Heavy hitters are backing LogX, too. Including CEX and market makers that might be competition for the DEX, like,
Coinbase
DWF
Cumberland
And Gate.io
We are proud to be backed by some of the best in the business @HashedEM @CumberlandSays @SaisonCapital @gate_io @DWFVentures @CoinSwitch @wagmi_vc @LeJournalDuCoin and More!
Please see the Press release from @Investingcom for more! https://t.co/cqo5syFZmJ
— LogX (@LogX_trade) September 16, 2024
Two versions are available now. The V2 is for the public and the Pro version is for serious traders.
V1 of the Pro version has almost $21 billion in volume so far. The dashboard, which you can see here, shows transaction volume and trade volume. Most of the volume matches the general market sentiment where Spring volumes were high and they are lower now. But that’s the beauty of keeping everything on chain. It’s easy to see data like this and trade according to your own plan.
This article here gives a good explanation of what the $LOGX token will do.
Besides Gate.io, they will be listed on MEXC, too. And possibly more exchanges to come. So you will want to check your favorite exchange as well as the LogX X account to see where the token will be available if you want to get in on this great new DeFi protocol. The LogX mainnet is live now, so check it out.
#MEXC New Listing Alert!
$LOGX/USDT will be listed in the Innovation Zone on 2024-09-24 12:30 (UTC).@LogX_trade is the ultimate DeFI superapp, offering 50+ exotic perpetual markets, Leveraged prediction markets, memecoins & RWAs.
— MEXC (@MEXC_Official) September 20, 2024
Peaq
Next, we have Peaq. This is a blockchain built specifically for DePIN and RWA apps. The idea is simple, as most good ideas are. A strong, distributed DePIN network means that other DePINs can plug right in and get the decentralized infrastructure they need. Like AWS does for cloud infrastructure, Peaq does for DePIN infrastructure.
$PEAQ: The 2025 #DePIN Powerhouse
45+ DePINs, 1M+ devices.
$20M CoinList launch, big backers.
$3.5T DePIN market by 2028.
Peaq backs $100M DePIN Fund by @borderless_cap as anchor LP
TGE: 22 Sept – 30 Sept
Bullish pic.twitter.com/g6F0dv97eR
— XRP_Cro AI / Gaming / DePIN (@stedas) September 20, 2024
More than 45 DePIN protocols across 18 different industries already use Peaq infrastructure. Others are reporting as many as 80 projects using Peaq already.
And all those 80 odd projects will need to use the $PEAQ token to pay for the DePIN infrastructure they are using. It has other utility that you can see here, plus it’s set up to be potentially deflationary in the future. We like that. The TGE for the $PEAQ token is imminent.
The Peaq blockchain is compatible with EVM, Wasm VM (Cosmos), and Substrate (Polkadot) to ensure they are compatible with every major crypto virtual network. So if you are a DePIN lover, this is one you have to check out. Do you have a favorite DePIN project? Let us know in the comments.
Scroll
Scroll is an emerging Layer 2 for Ethereum. It is building Ethereum’s answer to Polygon’s zkEVM. A reminder that zkEVM is tech for dApps compatible with Ethereum’s EVM network. Yet with privacy-based zero knowledge tech built into it from the start.
Right now, Polygon is the standard to use on their own PoS chain and in EVM. But Scroll is looking to change that.
We think both will win as some privacy or shielding of transactions will be necessary for worldwide adoption for payments. It’s one of the only missing ingredients.
And Scroll is lightning fast. It has only 3 seconds between blocks. You get faster confirmed transactions for less than on the main ETH chain and many other L2s.
Scroll, like most good L2s, batches transactions together. They’ve done over 800,000 batches so far. Their ecosystem has a huge $1.24 billion in TVL. And all without a token. But that’s going to change soon.
Scroll’s new $SCR token has started trading in pre-market on Bitget. Bitget is a top exchange so if this agreement is in place for pre-market trading, then the TGE for $SCR could be any day.
$SCR @Scroll_ZKP pre-market trading is NOW LIVE on #Bitget!
Trade now: https://t.co/eGEqRPvlki
Seize the opportunity to trade $SCR before it becomes available for spot trading!
— Bitget (@bitgetglobal) September 20, 2024
Bitget will be first but likely more exchanges will follow and list $SCR, too. If you are interested in this project, then you should be following both Bitget and Scroll’s X accounts over the next few days to see when the TGE will take place.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by LogX.
Copyright Altcoin Buzz Pte Ltd.
The post LogX and Other Hot Upcoming Token Generation Events appeared first on Altcoin Buzz.
This articles is written by : Fady Askharoun Samy Askharoun
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