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Home Crypto News & Analysis Altcoins

Gorilla Token Trends After 4,900% Launch Rally, 3 New Cryptos to Watch

by Alexia Patel
February 20, 2024
in Altcoins
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Gorilla Token Trends After 4,900% Launch Rally, 3 New Cryptos to Watch
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be construed as financial advice. Please do your own research before making any investment decisions.

The Gorilla token (GORILLA) is a meme-based Ethereum project that aims to make its mark in the blockchain space by providing real utility, The token experienced a price increase of 4,900%, followed by ‘ a subsequent decline.

Backed by GORILLA’s success, some analysts believe that new def projects such as Borroe Finance (ROE), InQubeta (QUBE) and NuggetRush (NUGX) could gain traction in 2024.

The Gorilla (GORILLA) Pump

The Gorilla token has been described by some observers as an outstanding project in the evolving arena of cryptocurrency, innovative on many fronts and designed to meet a variety of needs.

It’s part meme coin, but with its environmental vision and contributions to animal conservation or plant causes, it hopes to set itself apart from the rest of the pack. Its price action also makes use of strike and token burning mechanisms.

The Gorilla token differs from other meme coins in several ways. These include a decentralized cross-chain exchange system, active tokenomic mechanisms and an IDO startup platform for raising funds through newly issued protocols.

In addition, the sign also reflects an environmental ideal and a portion of the profit goes to support animal conservation groups or plant-related charities.

The project’s ecosystem is backed by a well-structured incentive system that includes store-to-earn, trade-to-earn strike and token burning.

Additionally, the token uses AI to mimic leading traders’ strategies and includes a stop loss feature.

Borroe Finance ($ROE): Gives Web3 projects a fundraising lifeline

Borroe Finance is currently in the middle of a live pre-sale with its sights set on being one of Web3’s top players. Unlike most DeFi projects centered on yield farming, Borroe Finance (ROE) uses artificial intelligence (AI) to open a brand new path for Web3 entrepreneurs and creators to raise funds in a hassle-free way.

The platform uses AI to match business owners and creators with investors, who can readily invest in these promising projects by purchasing their digital collectibles, also known as NFTs.

The Borroe Finance chain-style invoice discount marketplace provides a way for originators and startups to issue NFTs representing future revenue streams at $ROE prices. These NFTs are then offered to members of the community at discounted prices.

Currently in a pre-sale with its token price at $0.0175, the Borroe Finance blockchain platform has raised nearly $2 million so far.

Led by Web3 industry veterans such as Maxim Prishchepo and Michael Price, Borroe Finance is throwing itself forward in the DeFi space. The project’s smart contracts are BlockAudit-certified, thus placing great emphasis on being up-front and open. An open smart contract address also allows people to see the transactions made, further enhancing transparency.

Borroe Finances Presale

InQubeta (QUBE): Transforming AI Funding and Engagement

InQubeta (QUBE) is a blockchain startup specializing in artificial intelligence. They are trying to change the fundraising and community building game for AI companies.

InQubeta’s native token, QUBE, an ERC-20-based asset, is both the medium of exchange for investments in participating AI startups in the ecosystem and for trading on the platform’s NFT market.

Using a deflationary tokenomics model, the platform charges a flat two percent tax on each transaction.

With a token supply of 1.5 billion, the InQubeta (QUBE) public presale is now live, with the asset changing hands for $0.01925 per token. The InQubeta project has raised $7 million to date.

Qubeta Presale

NuggetRush (NUGX): Gives play-to-earn games a new meaning

NuggetRush (NUGX) is a new defi project that aims to bring applications related to trading and internal management into the meme coin space. The project uses a P2E game model with its tokenomics within the billion-dollar meme coin market.

With a total supply of only 50 million NUGX tokens, NuggetRush aims to revolutionize the P2E gaming industry by directly distributing its earnings and connecting virtual assets with real assets through partnerships centered around the connection between gold providers and game developers.

This is one of the reasons why NUGX stands out from other meme coin platforms, as it combines a play-to-earn mechanism with unique non-fungible tokens (NFT) and utility value.

The token stock is designated for community participation, market operation, marketing activities and co-marketing channels as well as partnerships with other organizations. It also has other exciting incentives such as corruption prevention play or measures to reward the ecosystem value chain. The NuggetRush (NUGX) presale is now live.

NuggetRush Presale Website

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to independently verify information and consult with a professional before making decisions based on this sponsored content. Please note that our terms and conditions, privacy policy and disclaimers have been updated.

Disclaimer for Uncirculars, with a Touch of Personality:

While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.

No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.

And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.

Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!

UnCirculars – Cutting through the noise, delivering unbiased crypto news

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Alexia Patel

Alexia Patel

A passionate advocate for decentralized finance, Alexia demystifies complex DeFi protocols and explores their disruptive potential. Her in-depth analyses guide you through lending, borrowing, and yield farming strategies, unlocking the possibilities of this revolutionary

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