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Newly listed cryptocurrencies with moonshot potential — October 2021
Review of new crypto listings
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Our latest review of recently listed cryptocurrencies yielded a sum total of five cryptocurrencies worthy of closer attention with only one which got our juices flowing. However if all we get from this long arduous monthly task is one good project, it is a job well done.
As well as discovering moonshots, if we are lucky, we also get a feel for the market, in particular the emerging trends.
This month saw a mixture of mainly DeFi, gaming and memecoins coming to the market. It was also noticeable that many project founders have developed a new level of greed with valuations for new ideas commanding in some cases billion dollar price tags. BitUp, zkTube and FODL led the way with valuations reaching up to $49 trillion (fully diluted) in the case of BitUp.We trust investors will steer clear from this garbage. We would also hope they would steer clear from 99.9% of the new projects coming to market. There is a definite lack of…