Cryptocurrency is coming soon: The latest developments from GXT and ZKcandy (ZAY)

Cryptocurrencies to be launched this week: GXT and ZKcandy (ZAY)

Two cryptocurrencies to be launched this week have attracted much attention: GXT Exchange's native token GXT, which is scheduled to debut in late August; and the game Layer 2 token ZKcandy (ZAY), which will be launched on the MEXC platform in a few days. Before trading any token, it is recommended to consult its official documents. In addition, there is a significant difference in the degree of confirmation between the two online statements.

A summary of launch times

The following is a quick timetable for the two upcoming cryptocurrencies covered in this article:

GXT is scheduled to be launched on GXT Exchange on August 28, and the project also claims to be launched on "other top CEX/DEX" platforms.
ZKcandy (ZAY) has confirmed that trading will be open on MEXC at 10:00 UTC on August 7, 2026. Please note that this is different from the 1:00 UTC time circulated on social media, so the official announcement must prevail.

ZKcandy (ZAY): Fully confirmed details

ZKcandy is an artificial intelligence-enabled gaming and entertainment Layer 2 platform built on the ZKsync elastic chain. It provides EVM-equivalent infrastructure, account abstraction, low-cost transactions, mobile priority access for game studios and players, and supports Telegram integrated games.

Confirmed details from MEXC:

Total supply: 1,000,000,000 ZAY
Contract address (BSC): 0x5f013a8327836 de2fcffcfb 3b23 bc32b0490b27d (verifiable on BscScan)
Voting Period: August 6, 2026 08:00 UTC to August 7, 2026 07:50 UTC
Trading opening hours: August 7, 2026 10:00 UTC
Withdrawal opening hours: August 8, 2026 10:00 UTC
Airdrop pool: 40,000 USDT, allocated to users who pledge MX tokens during the Kickstarter voting window.

This launch adopts MEXC's Kickstarter model. Users vote by pledging MX tokens instead of purchasing directly. The projects with the highest support will receive airdrop rewards based on the participation ratio. Eligibility requirements: Complete at least one futures transaction and hold at least 5 MX tokens continuously for 24 hours before 15:59 UTC on August 5, 2026.

The eligibility period for the ZKcandy (ZAY) Kickstarter event is now over. Users who meet the requirements before the deadline are already eligible to participate and receive rewards.

GXT: Confirmed and Unconfirmed Content

GXT is a native token for GXT Exchange and is used for fee discounts, governance, pledge proceeds, and Launchpad access. As of writing, GXT is in pre-sale on the exchange's Launchpad for $0.20, compared with the claimed launch price of $0.60.

There is an important difference worth making clear here: GXT Exchange's official website confirmed that the token will be available on GXT Exchange itself on August 28. However, it did not mention any specific third-party CEX or DEX confirmation that this date would be launched. Statements about listing on "other top CEX/DEX" platforms should be regarded as unconfirmed promotional language until an official announcement is issued by a specific exchange.

An exchange issues its own tokens and launches them on its own platform with pre-sale rewards (such as "+20% reward for purchases exceeding $100"), which is a common structure. But this also means that GXT's liquidity and trading depth outside of GXT Exchange have not yet been verified.

Biconomy.com confirms the launch of GXT: GXT Exchange has confirmed that GXT/USDT will also be launched on Biconomy. comfollowing the Token Generation Event (TGE). Although the exchange has confirmed that it will be launched soon, the specific transaction date and recharge time have not yet been announced. Traders should follow official channels for subsequent updates.

Coinstore adds GXT to its upcoming list: Coinstore has also confirmed support for the GXT/USDT trading pair, becoming one of the first centralized exchanges to announce the launch of the token after GXT Exchange. However, the exchange has not yet announced the specific launch time, and users are advised to wait for an official announcement before planning a transaction.

How to prepare before going online

No matter which of the cryptocurrencies you are concerned about, the following steps apply:

Verify the contract address directly in official announcements or blockchain browsers, and never use links shared in chats or comments.
Complete the required KYC or qualification steps before the deadline (for example, MEXC requires completion of junior KYC to receive ZAY Kickstarter rewards).
Check the recharge window and withdrawal window separately, as they are usually different from the transaction opening hours.
For pre-sale tokens like GXT, understand that the pre-sale price and reward structure are different from the confirmed exchange listing, and don't assume that the two are necessarily the same.

Risks to know

ZAY has the usual volatility risk of new Layer 2 game tokens;MEXC's own risk disclosures point to significant risks in blockchain startups in terms of operations, underlying technology and regulatory environment.
GXT's claims about the launch of "other top CEX/DEX" have not been confirmed at present except for the issuing exchange's own platform, and such patterns should be treated with extreme caution.
Fake contract addresses and phishing links tend to proliferate during high-profile launch windows, so be sure to cross-verify with official sources before interacting with any tokens.

Summary

Among the cryptocurrencies to be launched this week, ZKcandy (ZAY) has a complete MEXC launch confirmation schedule and contract address; while GXT's launch statements outside its own exchange have not been confirmed as of the time of writing. Anyone following these two tokens should rely on each project's own official announcement page rather than second-hand information, as the exact time and launch range may change or be misreported before release.

This article is for educational and information purposes only and does not constitute financial or investment advice. Before making any investment decisions, be sure to study for yourself.