New cryptocurrencies are being issued every day, and there is fierce competition amongst them in order to be listed on leading crypto exchanges such as Binance, Coinbase, FTX, Kraken, and others.
Projects that have ambitions to be listed on these exchanges must fulfil a list of stringent requirements and sometimes have to pay major amounts of money in order to be featured on such leading and selective exchanges as Coinbase or Binance.
This article will present Pac-Man Frog (PAC), a project in its presale that aims at listing its token, PAC, on Kraken, in the wake of other explosive cryptocurrencies such as Dogecoin (DOGE) or ApeCoin (APE). Will it succeed in that endeavour?
Pac-Man Frog (PAC)
Pac-Man Frog is an up-and-coming project that is set to build a thriving decentralised community that would lead the way for the web 3.0 revolution through NFT and metaverse initiatives.
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The goal of the Pacman Frog project is to help game developers and entrepreneurs get started and make early-stage venture investing more accessible to everyone. It wants to build a dedicated incubator and gaming branch that will help innovators by giving them access to capital, a community, and the chance to form connections with other blockchain-based gaming and NFT projects.
Pac-Man Frog aims at developing a one-stop aggregator gathering all things DeFi, games, NFTs, among others. Based on the information available on its website, the project will have a simple launchpad, an NFT launchpad, a game incubator, an NFT aggregator, a GameFi (Gaming Finance) NFT marketplace, and a user onboarding platform.
Besides, PAC will represent a governance tool, conferring voting rights to its holders, who will be able to voice their opinion within the project’s Decentralised Autonomous Organisation (DAO).
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Pac-Man Frog ambitions to list its native token, PAC, on Kraken, one of the leading crypto exchanges today. Were that listing to be successful, this event would be a major catalyst for PAC, setting strong hopes for the project’s future.
Let’s see if Pac-Man Frog will follow in the steps of popular Dogecoin and ApeCoin!
Dogecoin (DOGE)
A clear favourite of popular entrepreneur Elon Musk, Dogecoin has risen to become a leading cryptocurrency with nearly $19 billion in market cap. This attention was a boon for the cryptocurrency, which reached its all-time high nearly a year ago, soaring past the $0.70 mark.
DOGE started out as a joke project aimed at mocking cryptocurrencies in 2013, but the support of its loyal community and attention from popular personalities propelled it to the fore, now rivalling in size other “serious” projects like Avalanche (AVAX), Polkadot (DOT) or Polygon (MATIC).
Since then DOGE’s price has dropped hard, now standing around $0.14. However, Dogecoin has been working towards creating additional utility for its currency, DOGE, in order to become more than a simple meme coin.
Notably, the Dogecoin Foundation announced a number of initiatives in its 2022 roadmap, such as the creation of a digital content library called Dogepedia, a so-called “Dogecoin standard” acting as a sort of whitepaper for Dogecoin, along with the Gigawallet.
This last solution will take the form of an easy-to-setup API solution which will enable external developers to start processing DOGE transactions in a few minutes. This Gigawallet will be non-custodial, meaning that it will let users control their own private keys instead of centralising them on the platform’s server.
With these initiatives, Dogecoin therefore embraces the decentralised finance (DeFi) revolution and insists on giving back the power to the community by developing solutions that are focused on the individual.
On top of that, Musk also stated that Tesla would start taking DOGE payments at its charging stations last month. The latest twists in the Musk x Twitter saga have also contributed to generate some fluctuations in the price of DOGE over the past two weeks.
On the whole, DOGE remains an interesting cryptocurrency which you can find on most global exchanges!
ApeCoin (APE)
Having started trading a month ago, ApeCoin is yet another head-spinning crypto success story, having multiplied its price by more than 10 within its first week of trading.
Impressively, ApeCoin was featured within the top 10 most traded tokens following its launch, with important ApeCoin volume being exchanged between the ten largest Ethereum wallets.
ApeCoin is based on Yuga Labs‘ Bored Apes yacht club (BAYC) and aims to grow the APE ecosystem. To this day, BAYC is still one of the most popular NFT collections ever made, with many renowned personalities buying one or more Bored Apes for themselves as an investment or simply as a collectible.
The success of this NFT collection is understandable when you realise that owning a Bored Ape (or Mutant Ape, an alternative collection issued by the same lab) isn’t limited to that. Owners of a BAYC/MAYC NFT, you can be invited to private events in mansions, yachts, and other prestigious venues along with other popular celebrities.
Essentially, APE allows you to access exclusive games and services within the APE ecosystem. Besides, APE is a governance token, meaning that it gives its holders a say in ApeDAO, Apecoin’s decentralised autonomous organisation and any important project initiatives.
APE is now trading at $15.13, down over 4% over the last day. A great investment for those seeking exposure to the BAYC NFT collection and its dynamic ecosystem.
Find out more information on the Pac-Mac Frog Website, Telegram, Instagram or Twitter. You can also find more about presale here.
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