As the cryptocurrency sector navigates an extended bear market, new digital assets are still being launched in hopes of following the success of established entities such as Bitcoin (BTC). Interestingly, the introduction of new assets saw the total number of cryptocurrencies exceed 22,000 points.
In fact, some new cryptocurrencies are showing potential by attracting investor interest through capital inflows. It is worth noting that investors are pouring money into new assets despite their early stages. This indicates that the asset is likely to have a strong decline in underlying utilities.
In this line, the new next five listed on are selected CoinMarketCap Cryptocurrency to invest in January 2023.
Voxto Amplify (VTX)
VTX is the native token of the centralized financial platform Voxto, built on the Ethereum (ETH) chain. The token serves as an ancillary and governance platform for Voxto. The platform allows investors to bet on cryptocurrencies and earn by sharing profits. It should be noted that the project was completed recently intrusions in the metaverse and Web3 while building the infrastructure of the crypto economy. VTX is currently trading at $0.02 with a market capitalization of around $47.28 million.
BITCONEY is the Crytpo Bunny Game reward code. The token aims to recreate the Bitcoin mining experience, where players will mine blocks while earning BITCONEY tokens.
In fact, the ecosystem is trying to differentiate itself from other games for earning cryptocurrency by allowing users to play for free. Recently, the BITCONEY ecosystem has been witnessing increased development activity along with listings on cryptocurrency exchanges. At the time of publication, BITCONEY is trading at $2.16 with a market capitalization of approximately $44 million.
Sense4FIT is a “FIT to EARN” platform that aims to deliver a concept online using a semi-decentralized application. The platform, which uses SFIT as its initial code, focuses on items such as fitness, nutrition, personal development, and mindfulness.
The token has recently registered increased interest from the cryptocurrency community with listings on several cryptocurrency trading platforms. At the same time, SENSE4FIT as well inking partnership With sports figures to promote the core concept. Currently, SFIT is trading at $0.024 with a market cap of $25.1 million.
The DEXO platform combines the advantages of both centralized and decentralized cryptocurrency exchanges to offer a new experience for users. Interestingly, the platform, whose original token was DEXO, is trying to take advantage of recent events in the cryptocurrency market, such as the collapse of FTX, to attract new users. Along these lines, the coin has gained nearly 2% in the past 24 hours to trade at $0.01. The token now controls a market cap of $20.17 million.
Zeniq aims to improve the experience of decentralized traders. With the platform leveraging the original ZENIQ token, users will be able to experience a fast and secure way to manage and trade all classes of crypto assets.
Interestingly, the ecosystem is up almost 25% in the last 24 hours and is trading at $0.07 at press time. The rise saw the accumulation of assets market value of $6.3 million.
It is worth noting that since it is newly listed as a cryptocurrency, it is likely to experience price fluctuations. At the same time, the asset is not immune from the prevailing market conditions.
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Yet 5 New Cryptocurrencies to Buy in January 2023 appeared first on Coinphony.