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Hottest New Coins on Pancakeswap

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If you’re into new technologies like Blockchain tech and have invested in cryptocurrency, chances are you made a few mistakes along the way when you were getting started.

One such potential pitfall is that by the time a hot new crypto coin has reached mass appeal on a major crypto exchange like Coinbase or Binance, you will be buying the top – the peak of its Gartner hype cycle. That’s the term for a commonly used graphical representation of how emerging financial asset valuations usually pan out (pictured below).

It applies well to new coins in the cryptocurrency space – although to a more extreme degree, as crypto markets trend very strongly, both to the upside during rallies or ‘pumps’, and to the downside during ‘dumps’.

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On the chart are five main stages – early investors enter around the time of the ‘technology trigger’. In crypto, these are savvy investors that search out the hottest new coins on Pancakeswap (and other DEXes like Uniswap), institutions, insiders, and experienced swing traders.

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Retails investors end up buying at the ‘peak of inflated expectations’ – in crypto, that’s usually when buying with a credit is just one mouse click away on as simple an exchange as Coinbase.

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Your mother, barber or taxi driver is not going to set a limit order based on moving averages on an advanced exchange, or even Coinbase Pro – they are going to click one button ‘buy’ on their iPhone or Android while on their lunch break.

They’ve heard they can get rich buying this hottest new coin, and like the latest brand of phone or fashionable clothing item, they want it now.

Pancakeswap New Listings

All investing in a sense operates like a game of musical chairs and the ‘greater fool theory’, especially when it comes to digital assets with speculative intrinsic value. To avoid being left standing when the music stops, always get in early and take profit on the way up. Paper gains are just that, unrealised profit only existing on paper.

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Lucky Block

Lucky Block is a decentralized crypto lottery project whose native coin LBLOCK launched for trading very recently, on Jan 26th, 2022. It’s currently up 20-30x from its presale prices with room to grow.

Recently trending on Reddit, this new coin is not yet listed on Coinbase, Binance, eToro, Crypto.com or any of the major centralized exchanges, so potential investors are still early – its use case in lottery gaming is set to be showcased in March, with its first jackpot prize draw.

It’s available on Pancakeswap DEX – for full instructions on how to navigate that DEX, visit the Lucky Block website. You’ll need to first purchase another crypto like BNB and set up a Trust wallet or Metamask wallet.

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Jumping through the hoops to embrace new technology can pay off in investing. If you’re interested in NFTs and passive income through crypto interest or staking, it has similar functionalities to those on offer as well – its video file NFTs grant access to extra prize draws, and token holders receive partial redistributions from all main jackpots.

Marshall Rogan Inu

Going by the ticker MRI, this new altcoin has had one of the most bullish price charts of 2022, similar to that of Lucky Block.

It’s a meme coin like Shiba Inu, associated with the UFC (hosted by Joe Rogan) and the fighter Chael Sonnen, among others. Marshall is the name of Joe Rogan’s dog.

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As with many meme coins, it’s not 100% clear what the coin’s use case will be yet – it’s less than a month old. Its mission statement is to fight for fairer payments for UFC athletes and support their training.

What’s clear is that its price growth has been exponential, delivering huge gains to early investors. Whether that bullish trend continues remains to be seen, although since it’s currently only available to buy on Uniswap DEX, many buyers will still be waiting on the sidelines for it to become easier to purchase.

What is Pancakeswap?

Decentralized exchanges (DEXs) aren’t run by any central authority, and are not beholden to the conventional financial system – they are crypto-to-crypto, i.e. you can’t deposit fiat currency like on centralized exchanges.

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Uniswap is a similar decentralized platform. Together they are two of the most popular DEX platforms and seen as a goldmine for hunting down hidden gems in the crypto markets. They list brand-new projects that haven’t yet reached the masses.

Take Shiba Inu for instance – by the time it was available on Coinbase and Binance, it wasn’t far off the top – upside in percentage terms was already limited. Today it has been in a downtrend for some time, correcting over 50%. Those who bought SHIB early on small crypto exchanges generated a much higher return on investment (ROI).

Read more about LuckyBlock and other hot new coins on Nasdaq.com and Yahoo Finance.

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