Early investors enter trading around the time of the ‘technology trigger’. In crypto, these are savvy investors that search out the hottest new coins on decebtralised exchanges like Pancakeswap (and other DEXes like Uniswap), institutions, insiders, and experienced swing traders.
Retails investors end up buying at the ‘peak of inflated expectations’ – in crypto, that’s usually when buying with a credit becomes a gambling venture on as simple an exchange as Binance.
The Best New Tokens on PancakeSwap
Obviously, not all new tokens listed on PancakeSwap are worth your time or money. In fact, many aren’t. That is why we have gone through them and created this list of the best new tokens on PancakeSwap that should help you narrow down your choice of investments in 2022.
• Lucky Block (LBLOCK)
A new token based on Binance Smart Chain (BSC), Lucky Block was designed to mitigate some of the glaring faults in the lottery industry and provide for a more inclusive environment for players. Launched on PancakeSwap in January 2022, LBLOCK has immediately started making waves, with a net gain of 150% in a single 24 hours period.
The initial offer of 35% of assets (totaling 32.5 billion tokens) brought the team behind Lucky Block around $5.7 million. The buzz surrounding this new lottery crypto has been so strong that pre-launch was cut short and the launch date moved two weeks earlier than planned. After PancakeSwap, the team is planning listings on all major exchanges, starting with Crypto.com and FTX. LBLOCK already appeared on Coinmarketcap, with a market cap of $170 million. Knowing all this, it is easy to see why we consider Lucky Block one of the best new tokens on PancakeSwap in 2022.
At the moment, Lucky Block is worth $0.006563, with more than 14,000 unique addresses holding it. It also has a backing of a Telegram group with more than 25,000 members, sharing news and awaiting new developments.
Also Read: Futures Trading on DEX: PancakeSwap Opens Perpetual Trading Features.
• Marshall Rogan Inu
Going by the ticker MRI, this new altcoin has had one of the most bullish price charts of 2022, similar to that of Lucky Block.
It’s a meme coin like Shiba Inu, associated with the UFC (hosted by Joe Rogan) and the fighter Chael Sonnen, among others. Marshall is the name of Joe Rogan’s dog.
As with many meme coins, it’s not 100% clear what the coin’s use case will be yet – it’s less than a month old. Its mission statement is to fight for fairer payments for UFC athletes and support their training.
What’s clear is that its price growth has been exponential, delivering huge gains to early investors. Whether that bullish trend continues remains to be seen, although since it’s currently only available to buy on Uniswap DEX, many buyers will still be waiting on the sidelines for it to become easier to purchase.
• Earn Guild Earn Token
Shortly after the Initial Decentralized Offering (IDO), the $EARN token will be listed on three major exchanges. The project has successfully closed its early sales rounds, with a total investment of $8.1 million, and is firmly backed by a long list of renowned partners and venture capital (VC) firms
Designed for the play-to-earn market, Earn Guild offers all the tools needed to transform gaming into more than just a hobby. Through Earn Guild, players will have a fair chance to participate in most play-to-earn games and efficiently maximize their income potential.
Earn Guild has its own non-fungible token (NFT) marketplace, where players can acquire or rent NFTs from multiple different play-to-earn games. Not only does renting provide returns for NFT owners, but it breaks down the barriers of entry for play-to-earn games. Through NFT renting, players can gain access to games despite not having the required initial capital to join by themselves.
The platform also offers a community-oriented coaching system. The most experienced gamers within Earn Guild will leverage their knowledge and skills, coaching other players for a fee. This provides the most rapid ascension for newcomers and intermediate players looking to take their skills to the next level.
Other tools include the Earn Guild exchange, where a great variety of play-to-earn tokens will be listed and available for trading and staking. A simple yet innovative mechanism will allow anyone to convert these gaming tokens into $EARN.
Conclusion
Selecting the best new tokens on PancakeSwap can be a tricky task, always do your diligent research before investing in any token as crypto market is highly volatile.
Discover more from DiutoCoinNews
Subscribe to get the latest posts sent to your email.
