Best ICOs to Invest in 2024 – Buying Guides & More

An Initial Coin Offering (ICO) is the first fundraising event where a blockchain project offers its newly created cryptocurrency tokens for sale to investors. During an ICO, the price of the tokens is typically set quite low to attract early adopters. This can be an attractive opportunity for investors, as the token’s value could potentially rise significantly after the ICO.

Before investing in any ICO, it’s crucial to conduct thorough research to assess the project’s potential and understand the associated risks. This guide will explain the concept of crypto ICOs and potential benefits, along with best ICO to invest in 2024.

How to Invest in ICO Coins

The best way to buy the best ICO that could show significant growth is to invest during a presale. The crypto presale is an event where tokens sell for a very low amount before being listed on any exchange to raise funds for developing the project.

The best crypto presales typically offer tokens at a significantly lower price. This makes it easy for investors to buy tokens that are almost certain to go up. However, this way of investing is very risky.

Buying ICO from a presale has a common perspective; it is the same as buying coins from a decentralized exchange. A presale works on blockchain technology; all the transactions are presented on the blockchain itself.

Most presales and upcoming ICOs will permit different reputable wallet providers, such as MetaMask, Coinbase Wallet, and Trust Wallet. To use your wallet to buy crypto that can explode, you will need to fund it with a coin that you can swap for the presale tokens. You can buy Dogecoin20 using ETH or USDT.

Ensure you have adequate funds to buy the presale token and cover the transaction fee. Once you buy in a presale, you will not see your crypto in your wallet immediately. You will have to wait for the presale to end before you can claim your token and trade it in an open market.

While the presale is ongoing, you can get a token or stake. When buying from a presale entity, verify that you are buying from the right presale website. You can trade with them, but make sure the investment you make is minimal so you do not put all your fortune at risk at once.

Best ICO to Invest in 2024

Here, we have listed the best ICOs to buy; these are also the best upcoming ICOs to invest in.

1. Dogeverse – Multi-Chain Meme Coin

Inspired by Cosmo, the chain-hopping Doge, $DOGEVERSE is a pioneering multi-chain token poised to revolutionize exploration across the decentralized landscape.

Forget the limitations of traditional meme coin presales. $DOGEVERSE offers seamless access through major blockchains like Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base. No more gas fee worries, just optimized speed for your crypto adventures.

The project is already experiencing explosive growth. The first pre-sale phase smashed expectations, selling out in a mere two days. The second phase, priced at $0.000291, is well on its way to following suit. With a million-dollar milestone just around the corner, this is your chance to join the movement.

Only 30 billion tokens remain in the pre-sale. Secure your spot as prices are guaranteed to rise in later stages.

Your money is at risk.

2. 99Bitcoins – ICO Learn-to-earn Crypto for Begginers

99Bitcoins bursts onto the cryptocurrency scene with a creative proposition: a bridge between education and earnings. Based on the Ethereum network as a BRC-20, this project is characterized by its Learn-to-Earn system, which rewards you with $99BTC tokens as you learn more about the fascinating world of cryptocurrencies.

Holders of $99BTC tokens not only gain access to exclusive courses with high-level content but can also earn additional rewards in the same cryptocurrency. The presale, launched on April 10, has surpassed $200K, making it an attractive investment opportunity.

Behind 99Bitcoins is a team committed to making it the project of the year. To achieve this, they have designed a strategic “tokenomics” designed for success, with a distribution of the total supply of 99 billion tokens oriented to different objectives: 15% presale, 14% stake rewards, 23% marketing, 23% project funding, 17% community rewards, and 8% liquidity.

Your money is at risk.

3. Sponge V2 – ICO Crypto Flagship Of The Year

SpongeV2 is an update to the highly successful and profitable meme coin of 2023. This ERC-20 token works on the stake-to-bridge principle. So, to get $SPONGEV2 tokens, you have to buy and stake them. But this will only work if you do it from the official Sponge website.

The fact that obtaining Sponge V2 tokens goes through Stake-To-Bridge means that, in the long run, the original $SPONGE tokens will no longer be supported. Moreover, the site has clearly announced that after the official launch of $SPONGEV2, $SPONGE will cease to exist. And precisely, the SpongeV1 tokens that you staked to get Sponge V2 tokens can no longer be recovered.

In exchange for staking V1, you will receive an equal amount of V2 plus staking rewards paid over 04 years at 40% APY. This ICO could be among the most successful in early 2024, with 13,000 people already holding $SPONGE tokens. A special bonus is offered for those who buy $SPONGEV2 right away.

Your money is at risk.

4. Smog – Invest To Take Part in The Biggest Crypto Airdrop Event

Smog Token is emerging as a strong contender among ICOs and is one of the most promising cryptos in 2024. This meme coin has already generated significant buzz within the Solana network.

Launched on February 7th with an initial valuation of $2 million and pre-sales reaching $1 million, Smog Token (represented by the digital asset $SMOG) quickly captured attention. Its well-crafted marketing strategy aims to propel $SMOG as a major player in the meme coin space.

Smog Token’s action plan is distinguished by its focus on airdrops, with a significant 35% of all tokens reserved to reward investors. The first airdrop is touted as potentially the largest ever seen on the Solana platform.

This airdrop strategy, coupled with a roadmap promising future airdrops and a strong community focus, positions Smog Token as a potential altcoin of the year. Its rise could resemble the meteoric success of Bonk, another Solana meme coin whose value skyrocketed over 11,000% in less than a year.

With the anticipation of a new altcoin season approaching, investing in a high-potential meme coin like Smog Token could be a strategic decision.

Your money is at risk.

5. eTukTuk – The Green Revolution of Cryptocurrencies in 2024

eTukTuk is a unique project aiming to revolutionize transportation infrastructure in developing nations. They leverage blockchain technology and AI to accelerate the transition to electric vehicles in South Asia and Africa. To achieve this ambitious goal, eTukTuk requires significant funding.

eTukTuk is conducting a presale Initial Coin Offering (ICO) to raise capital. They emphasize investor value, highlighting a potential 354% return on investment during the presale stage. Additionally, investors may receive further rewards once the eTukTuk charging network is operational, offering both short-term and long-term benefits.

The eTukTuk presale has already raised over $600,000, currently in stage 8 of its total 26 stages. To maximize potential gains, early investment is recommended while the $TUK token price remains low. With its innovative approach, eTukTuk has the potential to become one of the best new cryptocurrencies to invest in this year.

Your money is at risk.

6. Meme Kombat – The Crypto ICO That Promises You Guaranteed Profitability

The meme coin market is crowded, making it difficult for projects to carve out a unique niche. Meme Kombat tackles this challenge by offering a differentiated approach – AI-powered fights between various characters.

The Meme Kombat ICO, through a presale offering, sells its native token, $MK. Currently priced at $1.6667, the token can be purchased using Ethereum (ETH), USD Coin (USDC), or by connecting a Binance Smart Chain (BSC) wallet. The project anticipates significant post-presale token value appreciation. They project a potential 10x increase, reaching a value of over $16. Even if this ambitious target isn’t met, investors are guaranteed a minimum value of $5 per $MK token upon listing on decentralized exchanges (DEXs).

Once listed on centralized exchanges, further price increases are possible. The project’s focus on entertainment, coupled with the booming games and AI markets, positions it as one of the best altcoins to invest in this year.

Your money is at risk.

What are Crypto ICOs?

Initial Coin Offerings, or ICOs, are one of the ways for cryptocurrency startups to raise funds for their projects. From a conceptual point of view, this is close to the public issue of shares in the traditional stock market. However, in the case of ICOs, companies are issuing tokens on digital platforms such as Ethereum, and a token holder does not acquire a share but a cryptographic token with various useful properties within the project’s ecosystem.

Thus, companies issue whitepapers – a document describing the project, the technology on which it is based, and the rationale for selling tokens. Those wishing to invest in the project acquire these tokens by paying cryptocurrencies such as Bitcoins and Ethereum. ICO tokens act as a means to attract investment in the project’s development by covering the cost of hiring specialists, developing technology, marketing, and other operating expenses.

In other words, an investor buys a cryptocurrency and hopes to get a return when the asset’s value increases because the more mature the project, the higher its value in the securities market. However, the risk is unreasonably high given the speculative risks, the absence of regulatory requirements for projects, and the fact that 90% of startups close after the token release, getting the money or failing to create a product.

Since the law of supply and demand dominates the market, one should consider that shortly after the sale of tokens closes, the value of the coin and the token itself will strongly decrease or increase.

How Do Initial Coin Offerings Work?

The protocols and processes of coin offerings are as follows, and many of the best ICOs or the best meme coins to buy usually follow the same process:

Conceptualization and Whitepaper

A team of developers and entrepreneurs conceptualizes a blockchain-based project initially. The project’s goals, technology, and the role of digital tokens in the ecosystem are outlined.

At the same time, a whitepaper describing the aspects and tokenomics, distribution plan, and background of the project team is drafted.

Token Generation

A team creates a new cryptocurrency token on a blockchain platform like Ethereum and uses smart contracts to define its functionality and distribution rules. These tokens can have various use cases within the project, including service access, voting rights, or ownership representation.

Pre-sale and Marketing

The project will likely conduct a pre-sale or private sale to the public. The goal is to raise initial capital and attract early investors before the public ICO launch. During this time, participation incentives such as discounts on token prices or other bonuses can be granted. Marketing efforts are also critical to increasing public interest in the project.

Public ICO Launch

The public responds by purchasing tokens using established cryptocurrencies such as Bitcoin and Ethereum. The sale usually lasts for a set period, during which investors contribute funds in exchange for the project’s tokens.

Token Distribution and Listing

After the sale is completed, the project team decides which tokens to distribute to investors based on the terms of the sale. However, they are usually issued shortly after the sale, or some event triggers their release. Following that, the coin or token is listed on a cryptocurrency exchange or multiple exchanges, allowing for trading and the management of liquidity.

Post-ICO Development

This is the process in which the project team uses the funds raised through the ICO to conduct development tasks as laid out in the whitepaper. This may include building features, marketing the project, or expanding their user base, among other things. Regularly communicating with the community and providing updates is critical to ensuring investors remain supportive.

Finally, Regulatory Compliance and Accountability involve regulatory authorities, which have scrutinized the ICO space recently due to investor protection and fraud concerns. Based on the applicable regulations, these laws include registration, issue disclosure, and compliance with securities laws when token offering. Transparency and accountability are crucial to the continued growth and maturity of the wider industry and to promoting trust within the investment community.

What is the difference between ICO, IDO, and IEO?

There are also other ways that blockchain projects use to get funds apart from Initial Coin Offerings (ICO). These are Initial DEX Offerings (IDO) and Initial Exchange Offerings (IEO). However, they have main differences such as:

ICO (Initial Coin Offering)

An ICO is the sale of a project’s digital tokens to investors. Such an offering is presented on the project’s website or on a specially created platform. When cryptocurrencies began to develop, this way of promoting projects was popular. Unfortunately, at that time, it was not regulated and amounted to many scams, so investors used recognized cryptocurrencies to participate.

IDO (Initial DEX Offering)

What’s an IDO? is a question many investors wonder. The concept of IDO is almost similar to an ICO, but in this case, investment is raised via decentralized exchanges. IDO solutions attract the buyers of the coin or token, as the project offered for investing can quickly be put on the exchange. Basic information on the blockchain is exposed, and the token is distributed on DeFi platforms. The advantage of IDO is that the projects are available to all willing users. A person can participate in them if he has a Crypto wallet, the centralized exchange intervenes in this process. The disadvantage of IDO is the low level of regulation that risks merging and influencing an investment unit.

IEO (Initial Exchange Offering)

If you wonder what an IEO is. IEOs represent the cooperation of blockchain projects with cryptocurrency exchanges. Unlike operating on their own, projects involved in the token sale cooperate with exchanges, which assist them in the process. Some of the benefits for investors participating in the token sale are that they do it via the exchange, using the exchange’s native token or other cryptocurrencies. Exchanges also ensure a certain level of due diligence by assessing the project regarding listing, which reduces investors’ risks of facing scams. As with the case of ICOs, IEOs are also prone to scrutiny from regulators, as exchanges might fall under securities regulations.

How to Find the Best ICO Cryptos?

Some crypto ICOs have the prospect of becoming a good investment. However, this often depends on the specificities of each project, its target market, its future potential, etc.

Nevertheless, there are some common advantages to investing in such crypto. We will look at the benefits of investing in a cryptocurrency ICO below.

Entrance Fee

One lucrative way to earn money with cryptocurrencies is to invest in a project in its infancy. Furthermore, investing in an initial coin offering enables individuals to acquire a cheap entry ticket.

Unlocked Rewards

Nowadays, cryptocurrency projects offer their investors numerous ways to generate money. Therefore, it is not necessary to wait until the price of a digital asset rises to generate money. Instead, investors may stake their digital assets and earn passive revenue without selling their tokens.

In addition, some digital parts serve the same purpose as gaming tokens and may be utilized to acquire NFT. In other words, early investors can acquire rare NFTs before most of the population.

Advantage Of The First Arrival On The Market

Investors can also benefit from the early registration advantage depending on the project. Investors must unlock the benefits of owning the coin before it is even available on the public market.

In addition, if demand increases, the price of the part will increase when it enters the market. This will allow early investors to sell at a profit.

This means that investing in a cryptocurrency, especially an ICO, can be very lucrative. The project always arouses buyers’ interest. However, if there is no demand for the token after the ICO, the coin’s value can easily drop.

Crypto ICO and Risks

However, there is a high level of risk associated with cryptocurrency ICOs.

• While there are many success stories, there are also many cases where investors have been scammed. This is often due to project shut down after raising funds through ICO
• Today, many startups turn to the best French ICO cryptocurrencies to generate money because they are unable to convince venture capitalists to invest in them.
• It is of the utmost importance to do enough research before investing in a cryptography project.

Investors should consider the precautions we have described above and analyze the potential before taking risks with any type of ICO cryptocurrency.

How to Buy ICO Tokens

If we stop to analyze the best cryptocurrency ICOs, we will find aspects in which many of them coincide. Some of the potential to raise project policies and community benefits.

If you know how an ICO works and want to buy in the initial coin offerings, we share a quick guide to taking Dogecoin20 as a reference. This way, you will know how to buy ICO tokens and have them for different utilities.

Best ICOs to Invest- Conclusion

Starting a high-potential startup is the perfect opportunity that Crypto ICOs create. However, it wouldn’t be ideal to invest all your savings in a single asset as the cryptocurrency market is highly volatile. Your money is at risk if you invest all your capital in an ICO.

Nevertheless, this guide has covered some of the best crypto ICO projects you can consider investing in 2024. Before investing, it is essential to study the different projects from our initial list of coin offerings. This will help you make well-informed decisions.

Currently, Dogeverse seems to be the go-to opportunity on the market. This crypto ICO project has the perfect combination of unique elements, community development features and challenge applications, all important aspects for the successful launch of any commitment.

Your money is at risk.

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