ICOs & Top Coins in Focus: TRN, SBX, PLASMA & MEMECORE, PENGU, XLM

ICOs & top coins in focus: TRN, SBX, PLASMA & MEMECORE, PENGU, XLM – specialized blockchains, stablecoin interoperability, and GameFi have captured investors’ attention. T3rn conducts multiple IDOs on BSCS, Poolz, and Eesee on July 15–16. Catex continues its active IDO on Fount. Plasma is launching a large-scale public sale starting July 17 on the ECHO platform. Soulbound begins its IDO on GameFi between July 16 and 17. Dante Games is preparing token offerings on Kommunitas and Spores for July 18–20, and UOMI is continuing a series of IDOs across four platforms starting July 18.

Meanwhile, among the top-performing coins of the week, MemeCore stands out with a staggering 245.61% gain, Pudgy Penguins shows a 90.53% increase, and Stellar adds 82.40%. Also showing significant momentum are Mog Coin at 78.19%, Algorand at 57.85%, and Hedera at 51.07%. Rounding out the top 10 are Story 43.34%, IOTA 38.42%, Sui 37.41%, and JasmyCoin 37.20%.

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TRN by t3rn

t3rn is an infrastructure project focused on blockchain interoperability, designed to enable cross-chain smart contract execution with built-in fail-safe mechanisms. The team has already completed the Gateway component and is currently developing Circuit – a protocol-level implementation for semi-decentralized cross-chain operations. t3rn aims to become a Polkadot parachain by Q4 2025, allowing community participants to take on roles as validators and execution agents.

What gives t3rn infrastructure-level potential is its Gateway solution, which connects major blockchains while providing fail-safe execution with rollback capabilities and composable smart contracts via a decentralized registry. Notably, developers can upload contracts written in familiar languages – including Solidity, WebAssembly, and WASM-compiled alternatives – and have the option to receive compensation when their code is used.

IDO Dates: July 15–16, 2025
Platforms: BSCS, Poolz, Eesee (upcoming); Kommunitas, Spores (active)
Token Price: $0.5
Fundraising Goal: $150K–$300K per platform
Pre-Valuation: $50M
Allocation: 0.60% for public sale
Distribution: 100% at TGE
TGE: July 16, 2025

SBX by Soulbound

Soulbound is a GameFi project aiming to build a decentralized streaming ecosystem focused on creators, gamers, and tokenized engagement. Its main goal is to become a leading platform in the livestream entertainment sector and evolve into a Twitch competitor, featuring DAO rewards, NFT avatars, and a scalable companion bonding model.

Soulbound is developing Soulbound TV – a system for tokenized streams interacting with emotional AI companions and esports gamification elements. Proposed use cases include reward-based in-game interactions, distributed monetization schemes, NFT profiles, and future integration with metaverse environments that link off-chain progress to on-chain assets.

Technically, the project focuses on cross-chain smart contracts and asset-capable companion infrastructure. SBX operates on BNB Smart Chain, with the IDO hosted on GameFi. Its growth roadmap includes a casino-integrated prediction feed and alignment with Creator Economy 3.0.

IDO Dates: July 16–17, 2025
Platform: GameFi
Token Price: $0.03
Fundraising Goal: $150K
Allocation: 0.5% (5M SBX)
Distribution: 20% at TGE, 6-month vesting, no cliff

CATX by Catex

Catex is a community-driven exchange with its native DeFi token CATX. We previously explored its ecosystem in detail, including veCATX architecture and multichain distribution strategy.

The current IDO is hosted on Fount and features a moderate valuation with long-term vesting designed for committed participants.

IDO Dates: July 14–16, 2025
Platform: Fount
Token: CATX
Token Price: $0.10
Fundraising Goal: $200K
Pre-Valuation: $10M
Allocation: 2.00% (2,000,000 CATX)
Distribution: 25% at TGE, 75% locked in veCATX for 6, 12, and 24 months
Blockchain: Unichain
TGE: July 16, 2025

XPL by Plasma

Plasma is a blockchain infrastructure solution built to support scalable stablecoin operations and digital settlements. The protocol is designed as an EVM-compatible sidechain to Bitcoin, combining Ethereum-like architecture with Bitcoin’s robustness and trust assumptions.

Its main goal is to enable zero-fee stablecoin transactions, confidential transfers, and broader support for digital asset issuance by fintech entities.

Architecturally, Plasma introduces PlasmaBFT, a proprietary mechanism claiming up to 10,000 TPS, sub-2-second block finality, and native support for custom gas tokens. The roadmap includes phased Bitcoin integration via a proprietary bridge and zero-knowledge compatibility. The developer toolkit includes SDKs, APIs, liquidity tools, and integrations with on-ramp services.

Public Sale Date: July 17, 2025
Platform: ECHO (Plasma native)
Token Price: $0.05
Fundraising Goal: $50M
Pre-Valuation: $500M
Allocation: 10% (1B XPL)
Distribution: 100% at TGE
TGE: July 17, 2025

DANTE by Dante Games

Dante Games is a GameFi ecosystem leveraging AI to manage gameplay dynamics, create in-game assets, and enable scalable UGC interaction. The architecture integrates generative models, behavioral analytics, and custom gamification engines supported by a tokenized economy.

The platform’s core feature is an AI-integrated content distribution system where NPC behavior and mission dynamics adjust based on user behavior patterns. Dante Games focuses on expanding GameFi through personalized user experience and a flexible token-based economic model.

IDO Dates: July 18–20, 2025
Platforms: Kommunitas and Spores
Token Price: $0.016
Fundraising Goal: $170K (Kommunitas), $150K (Spores)
Pre-Valuation: $16M
Allocation: 1.10% (10.62M DANTE on Kommunitas), 1.00% (9.38M DANTE on Spores)
Distribution: 20% at TGE, 2-month cliff, 4-month linear vesting
TGE: July 22, 2025

UOMI by UOMI

UOMI is another AI-oriented Layer 1 project designed to enable autonomous agent operations without human intervention. The concept combines AI computing, on-chain economy, and decentralized computation to support unstoppable agents. Learn a detailed breakdown of UOMI’s architecture in our previous article.

UOMI IDO on Spores

IDO Dates: July 18–20, 2025
Platform: Spores
Token Price: $0.003
Fundraising Goal: $150K
Pre-Valuation: $14.76M
Allocation: 50M UOMI (1.00%)
Distribution: 20% at TGE, 0 cliff, 8-month linear vesting
TGE: After July 20, 2025

UOMI IDO on KingdomStarter

IDO Dates: July 21–22, 2025
Platform: KingdomStarter
Token Price: $0.003
Fundraising Goal: $200K
Pre-Valuation: $14.76M
Allocation: 66.67M UOMI (~1.36%)
Distribution: 20% at TGE, 8-month linear vesting
TGE: After July 22, 2025

Top Tokens of the Week

Current IDO activity and the performance of leading tokens this week indicate a shift toward infrastructure solutions and technological use cases. Notable standouts include blockchain protocols and platforms with independent architecture, alternative virtual machines, and high throughput capabilities. Examples include t3rn, Catex, and Plasma.

The meme token segment saw another sharp rise. MemeCore (M) led the week in percentage gains, while PENGU recorded the highest trading volume. MOG also remains active within the community token segment.

At the same time, demand remains strong for foundational Layer 1 projects such as XLM, ALGO, HBAR, IOTA, and SUI, reflecting institutional interest in proven technology stacks – particularly for cross-border, CBDC, and enterprise use cases.

Also among the top tokens is Story Protocol (IP), which bridges the creator economy and IP tokenization. The list rounds out with JASMY, which has returned to the spotlight amid rising activity in decentralized data and IoT sectors.

MemeCore +245.6%, $0.5076, volume $294.5M
PENGU +90.5%, $0.02834, volume $1.93B
XLM +82.4%, $0.4594, volume $3.31B
MOG +78.1%, $0.05177, volume $101.6M
ALGO +57.8%, $0.2775, volume $757.6M
HBAR +51.0%, $0.2399, volume $1.79B
IP +43.3%, $4.49, volume $74.9M
IOTA +38.4%, $0.2207, volume $164.7M
SUI +37.4%, $3.97, volume $2.54B
JASMY +37.2%, $0.01683, volume $146.4M

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Conclusion

The market continues to show strong interest in foundational infrastructure projects with long-term architecture designed to solve core application-level challenges. At the same time, community- and meme-driven assets remain relevant, offering diverse entry points for both institutional and retail capital.