New Tokens to Keep an Eye on in April 2024

The crypto landscape is set for an action-packed April, especially with the much-anticipated Bitcoin (BTC) halving on the horizon, which is expected to influence the entire market. Analysts have begun to raise their forecasts for various altcoins as new tokens continue to surface. Let’s take a closer look at the new tokens emerging in April 2024.

Bonus Block ($BONUS)

BonusBlock is an innovative protocol aimed at facilitating user engagement on-chain and helping onboarding service providers. Launched in early 2023, the platform's focus is on attracting and engaging new users, creating meaningful connections, and guiding users through the diverse layers and features of blockchain ecosystems. A significant offering of theirs is an AI Model designed to evaluate wallet quality, which supports a marketplace linking projects with interested users.

$BONUS token Generation Event is set for April 2, 2024. With a total supply capped at 100 million units, this token is engineered for scarcity, aiming to ensure lasting value. Bonus Block has already gained impressive traction, making it a particularly anticipated Web3 initiative as it surpassed 100,000 users on its platform. The token will debut on Bybit, where lottery participants in the IDO will have a prize pool of 50,000 USDT. Bybit Ethena and their USDe are breaking new ground in DeFi by creating a synthetic dollar protocol anchored in Ethereum. This initiative addresses a crucial demand in the crypto realm for a parallel financial system. While many stablecoins still lean on traditional banking systems, Ethena strives for a truly decentralized monetary framework. The governance token, ENA, will empower users to participate in community governance decisions.

Ethena Labs ($ENA)

Ethena Labs Bybit has announced that the ENA Launchpool will be available from April 2, 2024, 8 AM UTC to April 9, 2024, 8 AM UTC. During this timeframe, users have the opportunity to stake ENA or USDT to earn a share of 15 million ENA tokens at no cost.

Stay updated with the distribution of cryptocurrencies in our updates.

🚀 #Bybit Launchpool is excited to introduce $ENA , the utility token of @Ethena_Labs

📅 Event Period:
April 2, 2024 8AM UTC – April 9, 2024 8AM UTC

Stake ENA or uk uk uz !

uz https://t.co/0j5TNJ29Gs vi

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The Mystiko Network has recently introduced a Web3 privacy-focused layer and launched a community sale for their governance token, $XZK, priced at $0.15 each. This sale kicked off on March 28, 2024, and will conclude at 17:00 UTC on April 4. Buyers are allowed to invest a maximum of $3000 during this period. Search .

Hack Seasons

Airdrops Calendar Given the excellent trading results demonstrated by the Mystiko Network, which has seen over $137 million in trading volume so far, the $XZK token could be of significant interest. This token will serve both as a utility and governance token within the network, playing a crucial role in voting and governance processes.

April is shaping up to be an exhilarating month for various crypto airdrops, including meme coins, gaming assets, and NFTs, which might yield substantial profits for crypto enthusiasts worldwide. The community is eagerly anticipating free tokens from several leading protocols. One such standout is Solana; back in December 2023, a single SOL token could net you as much as $17,000 in the Jito Airdrop. So far in 2024, Solana has emerged as one of the top-performing altcoins, sparking discussion about its potential to outpace Ethereum. With several airdrops, this month could mark the beginning of a major airdrop season for Solana, featuring notable projects such as Blazestake, Sharky, Kamino Finance, Zeta Market, Parcl, Backpack, and Meteora.

This month, 17 different cryptocurrencies are set to undergo large-value unlocks. According to the TokenUnlocks schedule, the expected total unlocks for April could surpass $1.38 billion, with Aptos anticipated to have the highest value unlock of 24.84 million APT tokens, accounting for 6.25% of its total supply. Other notable projects involved in large-value unlocks include STRK, GAL, CYBER, ZETA, SUI, DYDX, PRIME, OP, AGIX, YGG, ID, IMX, PIXEL, ALX, APE, and ARB.

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Please remember that the information presented here is not meant to serve as legal, tax, investment, or financial advice. It's crucial to only invest what you can afford to lose and to seek independent financial guidance if you're unsure about anything. For more details, we recommend reviewing the terms and conditions, along with the help and support resources provided by the issuer or advertiser. MetaversePost prioritizes providing accurate and impartial news, yet market conditions can change without notice. Featured Zhauhazyn, a copywriter with a background in sociology, is captivated by the complex interactions within Science and Technology Studies and has a deep-rooted passion for exploring blockchain and the many facets of Web3.

New Tokens to Keep an Eye on in April 2024

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