The cryptocurrency market is growing and producing more and more new and promising projects. They are mostly connected with blockchain games, DeFi projects, and metaverses. On the other hand, large crypto trading platforms issue their own digital currencies, drawing users’ attention and expanding the application scope. This article will list the new projects to invest in 2022 and describe one of the most popular tokens recently launched by the WhiteBIT exchange – the WBT token.
Some New Projects Launched in the Market
Here is a cryptocurrency list containing the most promising crypto projects in the fall of 2022:
- Tamadoge (TAMA)
- Point Network (POINT)
- Metaplex (MPLX)
- WhiteBIT token (WBT)
Let’s discuss the latest one – WBT token. The asset was issued by the largest European crypto exchange WhiteBIT in the summer of 2022 and has created a fuss around. The token is meant to facilitate the processes on the WhiteBIT exchange, allowing its holders to access new products on the platform and get more earning opportunities. Also, new projects that join the WhiteBIT family can use the WBT token to develop their products.
Token holders can use WBT in staking or trading transactions. WBT ensures lower fees and, for some products, even zero fees.
The WBT tokens are locked and burned to maintain the demand and not allow the price to drop. Thus, the most traded pair with the token – WBT USDT is now at the $11,1 level.
The WBT token is a good option for investment because when it is listed on large crypto trading platforms, its price is supposed to boost. Besides, it brings many benefits for the WhiteBIT platform’s users, which will always support the demand for WBT. So far, you can buy crypto on the WhiteBIT and Huobi exchanges. For more information on the token, visit the project’s social media.
