10 New Upcoming Kraken Listings in 2023
Kraken is a trusted crypto exchange that is very selective in which coins it lists. When new listings are announced by Kraken, this offers the respective coin huge exposure.
In this guide, we explore new Kraken listings to look out for in 2023. We also discuss the benefits of being added to Kraken’s exchange and how to find new listings on a DIY basis.
10 Potential New Kraken Listings to Invest in Now
The projects listed below are potential new Kraken listings that could be announced in the very near future:
- Wall Street Memes: Put simply, Wall Street Memes is the top trending cryptocurrency right now. This newly launched project is close to completing its presale campaign – having already raised over $15 million. Wall Street Memes is a meme coin based on the WallStreetBets movement. After the presale, some analysts believe Wall Street Memes could be listed on Kraken.
- yPredict: yPredict is one of the best utility tokens for 2023, especially for those wanting exposure to artificial intelligence and machine learning. The project is developing predictive models for data scientists and analysts. Each model is screened by the yPredict DAO before being sold to the community. This project is also in presale, having raised over $3 million so far.
- Launchpad XYZ: Launchpad XYZ is building an ecosystem for Web 3.0 investments. Those holding LPX, the project’s native token, will have access to plenty of exclusive assets. This includes pre-release P2E tokens, private ICOs, and fractional real estate. Launchpad XYZ is currently in presale, and investors can still secure an early-bird discount.
- Chimpzee: Chimpzee combines the fruits of cryptocurrency, blockchain, and sustainability. The project enables token holders to make a positive impact on the environment. Some of the goals already achieved by Chimpzee include planting 20,000 trees in Guatemala and donating $15,000 to Elephant charities. The Chimpzee presale has raised almost $1 million and is offering a 125% bonus to early buyers.
- DeeLance: Those looking for the best future cryptocurrency project might consider DeeLance. This new project is bringing the freelance industry to Web 3.0. Clients will pay freelancers in DLANCE, ensuring fast, low-cost, and transparent payments. Early investors can buy DLANCE tokens at presale prices, with over $1.5 million already raised.
- Ripple: Ripple is the newest cryptocurrency to be added to Kraken. This was in response to Ripple’s landmark court victory over the SEC – which ruled that the project did not sell unlicensed securities. Ripple is up over 60% since the announcement, as per CoinMarketCap.
- TrueUSD: Popular stablecoin TrueUSD is one of the latest new Kraken listings. TrueUSD is backed 1:1 by US dollars and currently has a market capitalization of $2.8 billion. TrueUSD appeals to investors seeking passive income on their cryptocurrencies without volatility.
- Aventus: Aventus is a layer 2 solution for the Ethereum network. It can handle 2,000 transactions per second and averages GAS fees of $0.01. Although Aventus currently has a market capitalization of $6 million, it is one of the most recent coins to be added to Kraken.
- LimeWire: Launched in May 2023, LimeWire is a new cryptocurrency project that was recently listed on Kraken. As per CoinMarketCap, LimeWire has a market capitalization of just $3 million. LimeWire is building a social platform for content creators, allowing them to monetize their music.
- Pepe: Pepe is behind one of the most successful meme coin launches of 2023. It has generated significant hype since listing on exchanges in April, resulting in growth of over 4,000%. This is despite any identifiable use cases. Pepe was added to Kraken on May 16th, making it one of the most recent listings.
Analyzing the Most Likely Upcoming Kraken Listings This Year
We will now take a much closer look at the 10 projects listed above. While some of the projects are currently rumored to become new Kraken listings, others were recently added to the exchange.
1. Wall Street Memes – Trending Meme Coin With Over $15 Million Raised in Presale Funding
Wall Street Memes has every chance of becoming the next best new crypto on Kraken. While the project is still in presale, it is creating huge waves throughout the crypto community. More than $15 million has already been raised from early investors. And while the presale is inching toward completion, there is still time to invest.
Interestingly – just like the best meme coins in the market, Wall Street Memes does not have any use cases. That said, it has something that many new crypto projects seek – a considerably large and active community. Across more than one million community members, the project’s memes are viewed more than 40 million times per month.
This number continues to grow, in line with the success of its presale. The overarching theme of Wall Street Memes is based on WallStreetBets. This is a popular Reddit group with over 14 million members. Similar to how WallStreetBets was able to create a meme stock rally in 2021, Wall Street Memes want to make the financial system more inclusive.
To meet its objectives, Wall Street Memes will form partnerships with a range of influencers, financial news platforms, and meme creators. It is also planning an aggressive marketing campaign to ensure everyone knows about Wall Street Memes. This is in addition to plenty of planned exchange listings, including both centralized and decentralized platforms.
Wall Street Memes has highly ambitious goals – it aims to reach a market capitalization of $1 billion by phase three of its roadmap. Until then, early investors can buy its native token, WSM, at presale prices. The presale is currently offering WSM at just $0.0316 per token. This will increase to 0.0319 in the coming days.
2. yPredict – Predictive Data Sets Backed by Artificial Intelligence and Machine Learning
yPredict aims to become one of the latest upcoming Kraken listings. The project is building an ecosystem that supports predictive models and data sets. It has a broad target market, ranging from quants and analysts to data scientists and developers. The overall aim is to help stakeholders make informed decisions when trading cryptocurrencies.
yPredict models will be developed by third parties that want to monetize their works. Predictive models will only be listed once tested and approved by the yPredict DAO. The entire testing process will be transparent. This enables prospective buyers to assess how the predictive model performed in live market conditions.
Once approved, yPredict models will be available via a subscription service. The only payment currency accepted is YPRED, the project’s native utility token. Not only can YPRED be used to subscribe to predictive models but also to earn passive income. This is because YPRED holders receive a share of the subscription fees raised by the platform.
yPredict In addition to cryptocurrency trading, yPredict models will also serve other industries. This includes finance, health, and SEO. The latter includes AI-backed models that can help websites rank for their preferred keywords. The yPredict presale is currently ongoing and has raised over $3 million. The current presale price is $0.10 per YPRED.
3. Launchpad XYZ – Web 3.0 Investment Dashboard for Consumers
Launchpad XYZ is bringing the Web 3.0 investment industry to consumers. The project claims that in its current form, many Web 3.0 assets are only accessible to accredited investors and financial institutions. Launchpad XYZ will solve this issue through its fair and transparent investment dashboard.
For example, Launchpad XYZ will tokenize residential and commercial real estate investments. Each token represents a small share of the property. The tokenized asset will be backed by an NFT and tradable on the Launchpad XYZ decentralized exchanges (DEX). In addition, Launchpad XYZ will also offer access to exclusive Web 3.0 offerings.
For example, the project will purchase an allocation of tokens from private crypto ICOs. It will then offer the allocation to those staking its native token, LPX. Those staking LPX will also receive additional perks. For example, having access to metaverse experiences, reduced trading fees, and being able to test new play-to-earn games.
Launchpad XYZ will also simplify the Web 3.0 investment space for beginners. Through artificial intelligence, it will provide real-time insights into cryptocurrencies with the most potential. Some analysts argue that Launchpad XYZ could be one of the latest upcoming Kraken listings. However, the project is still in presale, having raised over $1 million. The presale accepts USDT and ETH.
4. Chimpzee – Environmental-Friendly Crypto Project Offering a 125% Presale Bonus
Chimpzee will appeal to environmentally-conscious investors seeking sustainable cryptocurrencies. These features are often considered by exchanges like Kraken when deciding which projects to list. In a nutshell, Chimpzee is committed to combating environmental damage through a range of green initiatives.
Although the project is still in presale, it has already achieved many environmentally-focused goals. This includes planting over 20,000 trees in Guatemala. Not to mention 1,200 planted trees in the Brazilian rainforest. Chimpzee has also donated $15,000 to help protect the Elephant population.
That being said, while Chimpee is focused on green solutions, it will also appeal to cryptocurrency investors. For example, the ongoing Chimpzee presale is offering an attractive discount to early investors. In fact, those buying today will receive a 125% bonus on their purchase.
Currently, CHMPZ tokens are selling for $0.0007. After the presale, the tokens will be listed on exchanges at $0.00185. This offers a presale upside of 164%. In addition, Chimpzee is also launching environmentally-focused NFTs. Each comes with certain perks, such as staking rewards of 20% and access to its play-to-earn game.
5. DeeLance – Freelancing Ecosystem With Low Fees and Ultra-Fast Payments
DeeLance is another presale project that is generating hype in the crypto space. Its concept is bringing freelancing services to the Web 3.0 era. The platform will connect freelancers and recruiters in a decentralized environment. Once a recruiter hires a freelancer, they will make payment into the DeeLance escrow.
Payments are made in the project’s native token, DLANCE. Moreover, payments are backed by smart contracts – ensuring transparency and integrity. DeeLance claims that its blockchain-based ecosystem provides many benefits. For example, freelancers will get paid as soon as the work is approved by the recruiter.
Considering that DLANCE is an ERC20 token, payments will settle in under a minute. Furthermore, both recruiters and freelancers will benefit from reduced payment fees. For example, recruits will only pay 2% of the contract amount. The same service on Upwork costs recruiters 5%, plus a $4.95 initiation fee.
Similarly, Upwork charges freelancers up to 20%. DeeLance will only charge 10%. We also like that DeeLance will offer a fair and transparent dispute system. This ensures that both recruiters and freelancers are protected. The Deelance presale has already raised $1.5 million. A presale discount can still be secured and accepted payment coins include ETH, USDT, and BNB.
6. Ripple – Latest Kraken Listing After Triumphant SEC Court Ruling
It didn’t take long for Ripple to be added to Kraken after its recent court victory. Put simply, Ripple was embroiled in a three-year court case with the SEC. The SEC had accused Ripple of selling unregistered securities via its XRP token. However, the judge has now ruled in favor of Ripple, resulting in a rapid bullish run.
XRP is up over 60% since the announcement was made. As per CoinMarketCap data, Bitcoin increased by just 0.65% over the same period. Ripple has a solid proposition, considering its payment network is already being trialed by over 200 financial institutions. The Ripple network enables institutions to transfer value across borders at super-low fees.
This is the case regardless of which fiat currencies are being transferred. Moreover, Ripple transactions average 4-5 seconds. In contrast, payments going through the SWIFT network can take several days. That said, XRP is still trading at a huge discount from its former all-time high of $3.84. Based on current prices, XRP is trading 80% below its former peak.
7. TrueUSD – Popular Stablecoin Backed 1:1 by US Dollars
TrueUSD is a popular stablecoin that is pegged to the US dollar. Unlike Tether, TrueUSD claims to be backed like-for-like by US dollar reserves. This means that for every 1 TrueUSD in existence, there is 1 US dollar to back it. The project’s reserves can be viewed in real-time via a Chainlink smart contract.
TrueUSD currently has a market capitalization of $2.8 billion. As a stablecoin, investors will not see TrueUSD appreciate in value. That said, TrueUSD is one of the best stablecoins for earning passive income.
There are dozens of DeFi platforms that support TrueUSD, and many offer attractive APYs. For example, yields of up to 22.5% are currently available on Compound. TrueUSD is also one of the latest cryptocurrencies to be added to Kraken. The exchange added the stablecoin on June 29th, 2023.
8. Aventus – Layer 2 Solution for the Ethereum Ecosystem
Aventus is also one of the latest cryptocurrency additions to the Kraken exchange. Interestingly, Aventus is currently trading with a market capitalization of just $6 million. This highlights that Kraken is prepared to list small-cap projects if it likes the underlying concept. In a nutshell, Aventus has developed a layer 2 solution for the Ethereum network.
It can achieve up to 2,000 transactions per second. This is significantly more than the 29 transactions per second that Ethereum can handle. Aventus is also a lot cheaper than the main Ethereum network. It claims that each transaction averages just $0.01 in fees.
Moreover, Aventus transaction times take just 0.13 seconds. That being said, Aventus remains one of the most volatile cryptocurrencies in the market. CoinMarketCap data shows that Aventus was first launched in 2018 at $4.40. Currently, Aventus is trading at just $0.99. Nonetheless, if Aventus can secure more tier-one listings like Kraken, it could have a bright future.
9. LimeWire – Popular Stablecoin Backed 1:1 by US Dollars
LimeWire – not to be confused with the peer-to-peer sharing platform from the early 2000s, is also one of the latest Kraken listings. This new cryptocurrency project was launched in May 2023 after a successful presale. The project has developed a social platform that enables artists to monetize their music.
The platform is built on the Ethereum blockchain, ensuring that artist payments are fair and transparent. All payments are made in the project’s native ERC20 token, LMWR. CoinMarketCap shows that LimeWire currently has a market capitalization of just $3 million. This could appeal to long-term investors looking for a small-cap gem.
That said, LimeWire hasn’t performed well since its May 2023 listing. The token was initially priced at $1.92. Currently, LimeWire is trading at just $0.071. This translates to a post-listing decline of over 95%. On the flip side, new investors can secure an attractive entry price. Should Limewire return to its original listing price, this would require an upside of over 2,600%.
10. Pepe – One of the Best-Performing Cryptocurrencies in 2023
Although the crypto markets remain bearish, Pepe has generated significant returns since launching in April 2023. According to CoinMarketCap data, Pepe was originally priced at just $0.00000006036. Today, Pepe is trading at $0.000001547.
This means that in just three months since launching, Pepe has returned almost 2,500%. This is despite Pepe entering a market correction since hitting highs of $0.000004354. Kraken, like many crypto exchanges, has since listed Pepe.
This is often the case with trending cryptocurrencies, as they offer exchanges great exposure. Based on current prices, Pepe has a market capitalization of just over $600 million. This is impressive, considering that Pepe has no use cases.
How Often Does Kraken Add New Cryptocurrencies?
Kraken doesn’t have a set schedule for when it adds new coins to its exchange. Instead, it adds coins based on a range of factors. For example, it recently added XRP after Ripple won its three-year legal battle with the SEC.
It also recently added Pepe, due to the meme coin’s bullish performance since launching in April 2023. In June, Kraken added just one cryptocurrency to its exchange – TrueUSD. In the previous month, Kraken added three cryptocurrencies – Pepe, LimeWire, and Sui.
The standard process is for cryptocurrency projects to apply for a Kraken listing. This requires the project to outline its core goals and give reasons why Kraken should list it. Kraken also allows investors to make contact about coins they feel should be listed.
However, it is important to note that Kraken will never reveal information about a new listing until it makes an official announcement. As such, investors should avoid third-party announcements about upcoming Kraken listings.
For real-time information about the next Kraken listings, investors can visit the official Kraken blog.
Why Investing in Upcoming Kraken Listings Can Generate Returns?
We will now explore why new Kraken listings can generate returns for the respective project.
Tier-One Exchange With a Great Reputation
There are almost 230 crypto exchanges listed on CoinMarketCap. Most are unregulated platforms that attract very small amounts of liquidity. In contrast, Kraken is licensed to serve clients in many different regions, including the US, Canada, the UK, and the European Union.
Moreover, Kraken attracts vast sums of liquidity, with over $260 million traded in the prior 24 hours. Another reason that Kraken is a top-quality exchange is that it has been operational since 2011. This makes Kraken one of the most established crypto exchanges in the industry.
Kraken is Very Selective with New Listings
New Kraken listings are very sporadic. As we mentioned earlier, the exchange listed just one new cryptocurrency in June. And in the prior month, it listed just three. In comparison, smaller exchanges will often list dozens of new coins each and every month.
Kraken, on the other hand, is a lot more selective in the projects it lists. This means that when Kraken makes a new listing announcement, the respective project gains credibility. This could result in bullish gains for the cryptocurrency.
Licensed Fiat Money Payments
The vast majority of newly launched cryptocurrencies initially trade on decentralized exchanges (DEX). This is because any cryptocurrency can list on a DEX, as there is no third-party application process. This presents two key issues.
- First, DEXs attract just a fraction of the trading volumes achieved by centralized exchanges like Kraken.
- For example, CoinRanking data shows that in the prior 24 hours, more than $26 billion was traded on centralized exchanges.
- Over the same period, just $588 million was traded on DEXs.
- As such, when a cryptocurrency is added to a centralized exchange, it often has access to significant trading volumes.
Additionally, licensed exchanges like Kraken can legally facilitate fiat money payments. This means that investors can buy the newly listed cryptocurrency with a debit/credit card or bank wire transfer. This makes it much easier for beginners.
In contrast, decentralized exchanges do not handle fiat money payments. Instead, only crypto-to-crypto trades are permitted. This alienates a large proportion of potential investors.
Professional Traders Also Use Kraken
New Kraken listings not only appeal to beginners but also professional traders. This is because Kraken also has a ‘Pro’ platform that is aimed at experienced investors. It comes with a plethora of tools, including in-depth order books, customizable charts, and technical indicators.
This is good news for projects that are listed on Kraken. Oftentimes, professional traders have access to significant bankrolls. This means that interested parties have the potential to invest large sums into the project.
New Kraken listings will usually be made available for its OTC desk service. Considering the minimum OTC investment is $100,000, this opens the project up to large-scale whales.
How to Find the Next Coins to List on Kraken
Finding the best new coins on Kraken requires an understanding of the listing process.
Here’s what to know when searching for announcements on Kraken new coins.
Kraken’s Policy on Announcements
Kraken has made its stance on new listings very clear.
As quoted by Kraken:
“Our policy is to never reveal any details until shortly before launch – including which assets we are considering”
This means that investors should be careful when searching upcoming Kraken listings from third-party platforms. Ultimately, the only way to know if a new coin is being added to Kraken is via the official announcement page.
Additionally, Kraken needs to protect itself from potential insider trading charges. If somebody has information about a new Kraken listing before the general public, this would provide an unfair advantage.
This became evident in March 2023, when a former Coinbase employee was sentenced to two years in prison for insider trading. As reported by Reuters, Ishan Wah was sharing information to close relatives on cryptocurrencies that were due to be listed on Coinbase.
Kraken New Coin Listing Alerts
On the one hand, it is not possible to discover a new Kraken listing before the official announcement. However, there are ways to become informed as soon as the announcement is made.
This includes signing up for a Kraken new listings alert service. The idea is simple – the platform will send a notification as soon as Kraken makes a new listing announcement. The notification might come via SMS, Discord, or Telegram.
Either way, once the notification is received, the investor might decide to trade it. This would give them a first-mover advantage before a potential bull run begins.
That being said, not all Kraken listing alert services are legitimate. There might be instances where the alert plugs a cryptocurrency that hasn’t actually been listed. As such, investors should verify the alert on the official Kraken website before proceeding.
Look for Trending Cryptocurrencies
Another strategy is to look for cryptocurrencies that have the potential to be listed on Kraken. While easier said than done, we found that Kraken regularly lists cryptocurrencies that are trending.
For example, we mentioned earlier that one of the latest new Kraken listings is Pepe. While Pepe is nothing more than a meme coin, the project continues to generate hype. Since launching in April 2023, it has grown by thousands of percentage points. Kraken, like many other exchanges, took notice.
Similarly, Wall Street Memes has also created hype in recent weeks. This meme coin project has raised over $15 million in its presale. Although no announcements have been made, some analysts believe Kraken could be a suitable exchange for the project.
Explore Other Tier-One Listings
Another way to find new Kraken listings is to look at what other tier-one exchanges are doing.
For example, within 24 hours of Ripple’s court victory over the SEC, many leading exchanges announced it would now list XRP.
This included several tier-one exchanges that serve US clients. In addition to Kraken, this also includes Coinbase, Bitstamp, and Binance.US. As such, if another popular exchange announces a new listing, Kraken could also follow suit.
Conclusion
New Kraken listings are worth keeping an eye on, considering that they often lead to a bullish run for the project. That said, Kraken will never divulge information about new listings until it makes the official announcement.
Nonetheless, some analysts speculate that Wall Street Memes could become the best new cryptocurrency released on Kraken in 2023. The newly launched meme coin has already raised $15 million from presale investors – and there’s still time to buy.
References
https://coinmarketcap.com/currencies/xrp/
https://coinmarketcap.com/currencies/trueusd/
https://coinmarketcap.com/currencies/aventus/
https://www.reddit.com/r/wallstreetbets/
https://www.aljazeera.com/economy/2022/9/5/what-are-meme-stocks-and-why-are-they-back
https://support.upwork.com/hc/en-us/articles/4660220468499-Client-Marketplace-and-Contract-Initiation-Fees
https://coinmarketcap.com/
https://www.sec.gov/news/press-release/2020-338
https://data.chain.link/ethereum/mainnet/reserves/tusd-por
https://coinmarketcap.com/rankings/exchanges/
https://coinranking.com/exchanges/centralized
https://www.reuters.com/legal/coinbase-ex-manager-sentenced-2-years-prison-us-insider-trading-case-2023-05-09/
FAQs
What new coins are listing on Kraken?
Some of the latest coins to list on Kraken include Ripple, TrueUSD, Aventus, and LimeWire. New Kraken listings will never be revealed before the official announcement.
How do I find new listings on Kraken?
Kraken new crypto listings are announced on the official Kraken blog – and nowhere else.