The cryptocurrency market is very volatile and has huge opportunities to take benefit of this high volatility. Professional traders smartly take benefit of this volatile nature of the crypto market. They use a smart trading strategy that is to buy at lows and sell at jumps.
Normally a well-known crypto coin like Cardano, Solana, Polkadot, Ethereum, Dogecoin, etc. is best for this strategy. But sometimes smart traders use newly listed coins for their trading strategy.
If you are a professional trader and finding new crypto coins for your trading strategy then check out these top 10 newly listed crypto coins on Binance that may help you in January Trading.
Top 10 Newly Listed Crypto Coins On Binance
1. Lido DAO (LDO)
The Lido DAO ((LDO)) is a Decentralized Autonomous Organization that decides on the key parameters of liquid staking protocols through the voting power of governance token (LDO) tokens.
2. Aptos (APT)
Aptos (APT) is a Layer 1 Proof-of-Stake (PoS) blockchain that employs a novel smart contract programming language called Move, a Rust-based programming language that was independently developed by Meta (formerly Facebook)’s Diem blockchain engineers.
Aptos’s vision is a blockchain that brings mainstream adoption to web3 and empowers an ecosystem of DApps to solve real-world user problems.
3. GMX (GMX)
GMX (GMX) is a decentralized spot and perpetual exchange that supports low swap fees and zero-price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations), and asset rebalancing.
4. Osmosis (OSMO)
Osmosis (OSMO) is a decentralized exchange (DEX) for Cosmos, an ecosystem of the sovereign, interoperable blockchains all connected trustlessly over IBC, the Inter-Blockchain Communication Protocol. Osmosis also offers non-IBC assets bridged from the Ethereum and Polkadot ecosystems. Originally based on Balancer-style pools, Osmosis is moving to a more sustainable concentrated liquidity model that provides a superior trading and liquidity provision experience.
5. Optimism (OP)
Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.
Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token.
6. Magic (MAGIC)
MAGIC is the natural resource of the Treasure metaverse. It “powers on” NFTs and turns them from fantasy into productive, yield-bearing assets. MAGIC is designed to be increasingly scarce (emissions decline as the complexity of the economy increases) as it weaves an ever-growing web of narrative bridges within the Metaverse. Players can earn $MAGIC through playing, mining, and participating in Bridgeworld. The Treasure ecosystem, therefore, is governed by $MAGIC holders.
7. Hooked Protocol (HOOK)
Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. Its first pilot product, Wild Cash, with Quiz-to-Earn experience and other gamified learning features, achieved an impressive growth of over 2 million monthly active users. Hooked Protocol adopts an innovative single token (HOOK) oriented structure, supplemented with in-ecosystem-only utility token HGT (Hooked Gold Token). HOOK is the governance token of the ecosystem.
8. Hashflow (HFT)
Hashflow (HFT) is the native token for the Hashflow protocol as well as the Hashverse, Hashflow’s gamified DAO and governance platform.
9. Stargate Finance (STG)
Stargate Finance (STG) is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users and dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instantly guaranteed finality. The universe is infinite with Stargate.
10. LeverFi (LEVER)
LeverFi (LEVER), formerly known as RAMP DEFI, is a decentralized leverage trading platform. In March of 2022, the team behind RAMP DEFI rebranded their company to adjust to the increasingly uncertain DeFi market. The rebrand aims to tackle issues within the current DeFi market such as a lack of sustainable TVL and utility.
All these above projects are recently listed on Binance and the project details are collected from their official websites and Coinmarketcap.
Why These Projects are Important?
All the above-listed projects are newly listed on Binance which is world’s the largest cryptocurrency exchange according to trading volume. Binance doesn’t list normal projects all listed projects have been thoroughly examined by Binance. If you see the old listed projects they have given huge returns to their investors who have invested early after launch.
You can use these crypto projects for your trading and investing strategy to make profits from them. Hope you like this information and share it with your trader friends. If you still have not joined Binance then you can create your account by clicking the link below.
I am Pawan Kashyap currently living in Amritsar. I always try to grab new things from the cryptocurrency market. From my observations and trends in the market, I always try to provide the best and accurate information in the form of articles from this blog. Follow us on Facebook, Instagram, and Twitter to join us.