CoinEx is probably the best exchange you’ve never heard of. But that will change soon. They are making a mark in 2 areas traders LOVE. Memecoins and Small Cap projects with big, big potential.
So today, we are looking at some promising projects where the only CEX where you can find them is CoinEx. Let’s take a look.
Arbius ($AIUS)
First, we have Arbius ($AIUS). It calls itself peer-to-peer machine learning. It’s a decentralized AI play, as they do decentralized hosting for AI models. The hosting and creation of new coins come from mining. They call their proof of work Proof of AI Compute. This ensures trustless, yet honest computation for the AI models on the network.
We are pleased to announce that Arbius V4 is live on Arbitrum One.
This launch is a big step towards realizing our vision of a decentralized operating system for AI.
Our full vision and details in the blog post: 🔗 https://t.co/cK80BKVXb4
You will now be able to stake your… pic.twitter.com/9K1XV7fh81
— Arbius (@arbius_ai) November 15, 2024
So it’s a PoW-style model but instead of payments and large value transfers like Bitcoin, the PoW allows for the creation of more Arbius tokens. They are then used to secure more network space for AI projects.
Also, like Bitcoin, there is a fixed supply of tokens. Only 1 million, of which 185,000 are circulating now. Again, like Bitcoin, there is no central authority issuing coins. It’s a fixed emission schedule over 7 years. Year 1 will mine 300,000 tokens, so you can see we are still in that first year of 7.
Arbius uses Arbitrum for its fast settlement, low fees, and PoW system to move into DeFi. They are also in the AI DeFi market, where agents perform transactions as well.
This is a project with huge potential, and we are so early that there aren’t even many places where you can buy it. No other centralized exchange lists Arbius right now. So if you are looking for an option outside of a DEX to buy the $AIUS token, then CoinEx is the place.
CoinEx ($CET)
Next, we have CoinEx’s own exchange token, $CET. Exchange tokens are doing very well in this market so far. And $CET is no exception. In fact, $CET is up 203% in the last year. The $CET price has gone from 3c to 10c, making some huge gains for holders. And even with these gains, there is reason to believe $CET is still undervalued.
$CET Burn Program
CoinEx has one of the most active burn programs of all exchanges and exchange tokens. It’s one of the reasons people like BNB, too. CoinEx has a unique strategy where they take 20% of the trading fee income they earn and buy back $CET with it. Then they burn that same amount of the token they bought.
Since this is based on income and not net profits, they are buying and burning A LOT of tokens. 71.9% of the 10 billion maximum supply has been burnt already. And as more people trade on CoinEx, that number keeps rising. Another 10 million $CET are ready to burn and that will take the total up over 72%. This might be the most active burn program in the entire industry. And we love deflationary tokens. See the picture below.
Source: CoinEx website
Dock Launchpad
Another reason why CET might be undervalued is the Dock Launchpad. Here you can get access to IEO and other new or exclusive exchange listings as early as possible.
This is especially advantageous if you are a memecoin trader or like trading in small cap projects. These are 2 areas where CoinEx excels in getting listings that most other exchanges don’t have. That could include access to some of the new listings, like,
- AI memecoins like Eliza or Ava AI
- SOL memecoins like MooDeng
- And even $PNUT got listed on CoinEx before the US Election.
So you could end up with great central exchange access. You’ll get the tokens you want to trade in without searching for sketchy places to find and buy your memes.
The AI memecoins in particular, seem like they are here to stay. CoinEx is looking to lead its listing for public trading.
Don’t forget, if you like what you’ve heard so far, and want to try CoinEx, click on this link. You’ll get some free USDT to help seed your account and get you started.
Kimbo ($KIMBO)
And finally, today, for coins you can only find on CoinEx, we have Kimbo ($KIMBO). You’ve often heard that to make the most money in markets, you need to look where others aren’t. You need to zig when the others’ zag.
And it’s true even in popular markets like memecoins. Maybe even more so the more popular the market is. So Kimbo is a central point of the memecoin market on Avalanche. It’s a bulldog-based meme and Layer 1 built on an Avalanche subnet. It’s both a meme and an NFT project with Kimbro’s NFTs, which are available on JoePegs at a floor of 1.05 AVAX or about $40. See the picture below.
Source: JoePegs
It has its own game called Meme City built with Unreal Engine which will launch on the Kimbo Layer 1 chain. Kimbo’s goal is to be THE place on Avalanche that creators can go and create and market their own projects. They’ll get an active community of almost 20,000 followers with growing visitors daily.
As I said earlier, a lot of memecoin projects, especially Solana memes and AI memecoins don’t normally list on centralized exchanges. But they do list on CoinEx. And with Kimbo, you get something completely different with a whole new market in the Avalanche ecosystem. CoinEx has the 2nd highest liquidity after Trader Joe for the native $KIMBO token.
And that’s our 3 coins exclusively available on CoinEx. If you like any of the tokens you’ve heard about today, or are just looking for a better trading experience, then give CoinEx a try. Sign up using this link and get some USDT to help start your new trading account.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by CoinEx.
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