New Cryptocurrencies to Invest in for 2024

New cryptocurrencies bring innovative ideas to the world, create new communities, and solve real problems in the crypto industry and beyond.

Today’s new tokens have the potential to be tomorrow’s Bitcoin or Ethereum, producing potentially life-changing gains for investors who spot them early. So, investors are constantly on the lookout for projects that could hit it big.

In this guide, we’ll highlight the best new cryptocurrencies to invest in for 2024 and explain everything investors need to know about investing in new crypto coins.

Pepe Unchained ($PEPU)

• PEPE Unchained is a new and improved version of the original Pepe coin looking to 100x.
• Built on the Ethereum Layer 2 blockchain it offers scalability, speed and efficiency.
• $PEPU project offers double staking rewards with a current APY of 130,151%.

Project Launched

June 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Bank Card
• 
  BNB
• +1 more

Learn More

Base Dawgz (DAWGZ)

• Available on four major blockchain networks (ETH, SOL, AVAX, BNB)
• Presale price will increase 5% every 5 days
• Supporters may be eligible for airdrop rewards

Project Launched

May 2024

Purchase Methods

• 
  ETH
• 
  USDT

Learn More

PlayDoge ($PLAY)

• Fresh off the BSC, PlayDoge breathes new life to trending Doge meme with virtual Tamagotchi-style pet.
• $PLAY holders can earn rewards and extra tokens by caring for the virtual pet.
• The $PLAY token comes with tons of utility and staking opportunities with APY rewards currently over 700%.

Project Launched

May 2024

Purchase Methods

• 
  BNB
• 
  ETH
• 
  Bank Card

Learn More

The Meme Games ($MGMES)

• Winnings from buying tokens in presale and entering Meme Games events claimable and stakeable in smart contracts.
• Buy $MGMES tokens and choose your athlete to participate in events in a bid to win more tokens for you.
• Gamified meme token rewarding presale buyers with token bonuses for winning events.

Project Launched

July 2024

Purchase Methods

• 
  BNB
• 
  USDT
• 
  ETH

Learn More

Shiba Shootout ($SHIBASHOOT)

• Shiba Shootout is a SHIB-inspired Wild-West-themed meme project with tons of utility.
• Early investors can buy and stake $SHIBASHOOT for massive rewards of 2,288% p/a.
• Join the 'Posse Rewards' referral program and earn extra rewards for both you and your referrals.

Project Launched

April 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Bank Card
• 
  BNB
• +1 more

Learn More

Mega Dice Token ($DICE)

• The world's top GameFi SOL crypto, $DICE, offers the ultimate casino token experience.
• $DICE is the native token of the established and reputable global casino brand with over 50k loyal players.
• Buy and hold $DICE tokens to enter the $2,250,000+ USD airdrop. Presale has raised over $1.2M so far.

Project Launched

April 2024

Purchase Methods

• 
  SOL
• 
  ETH
• 
  BNB

Learn More

99Bitcoins Token ($99BTC)

• 99Bitcoins introduces its native $99BTC utility token as the face of Learn-to-Earn crypto model with presale already raising $1.7M.
• Launching on a BRC-20 powered platform this enables developers and crypto enthusiasts to build dApps on the BTC network.
• Buy, stake, learn and earn 99BTC tokens, with trading signals, tools and educational features all at your fingertips.

Project Launched

April 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Bank Card
• 
  BNB
• +1 more

Learn More

Sponge V2 ($SPONGE)

• Missed out on $SPONGE's 100x surge in 2023? Sponge V2 tokens are here and ready to exceed its records!
• $SPONGE v2 is an ERC-20 token offering 141% p/a rewards and a P2E game in which players can earn more $SPONGE.
• Over $1M worth of $SPONGE tokens have been staked and bridged already.

Project Launched

December 2023

Purchase Methods

• 
  MATIC
• 
  USDT
• 
  Bank Card

Learn More

DOGE2014 (DOGE2014)

• DOGE2014 enters the meme scene celebrating DOGE's 10-year market dominance.
• As an ERC20 PoS token participants can buy and stake DOGE2014 tokens to earn APY rewards.
• Currently offering its native tokens via presale, DOGE2014 aims to 10x.

Project Launched

June 2024

Purchase Methods

• 
  Bank Card
• 
  ETH
• 
  USDT

Learn More

SpacePay (SPY)

• Empowering the future of crypto payments for customers and merchants, SpacePay makes buying goods and services with crypto easy.
• With SpacePay businesses can begin accepting crypto payments from an ever-growing global crypto community.
• SPY token presale offers buyers the chance to get their hands on the project's utility token. SPY holders can enter airdrops, vote on the future of the project, earn revenue share, and more.

Project Launched

May 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  USDC
• 
  Bank Card
• 
  BNB
• 
  MATIC
• 
  AVAX
• 
  BASE
• +5 more

Learn More

StarChain (STRC)

• StarChain aims to democratize astronomical science for modern crypto enthusiasts
• Underpinned by AI, StarChain analyzes vast amounts of astronomical data.
• STRC serves as the backbone to the project with various use cases including enabling transactions, accessing premium features and earning rewards.

Project Launched

August 2024

Purchase Methods

• 
  BNB
• 
  BNB
• 
  USDT

Learn More

Reviewing the Best New Crypto Launches to Buy

Now that investors know more about our process, let’s take a closer look at the best new cryptos for 2024 and explore why they stand out.

1. Pepe Unchained – Pepe-Themed Meme Token Built on Ethereum’s Layer 2 Blockchain

Pepe Unchained is a meme token built on Ethereum’s layer-two (L2) blockchain. L2 networks are built to offload transactions from the main chain, making the network more efficient and fast. 

$PEPU, the native token, benefits from the increased efficiency of the L2 blockchain. For instance, this new coin can be staked to earn higher rewards. Currently, Pepe Unchained is offering an annual yield of more than 4,900% to staked token holders. 

Since L2 transactions are processed faster, Pepe Unchained offers token staking and trading at lightning speed. Finally, the reduced transactions on the main network lead to lower gas fees. Therefore, this new meme coin is growing in demand through its newly launched presale. 

From a total supply of 8 billion tokens, 20% are being distributed for the presale, while 30% will be allocated as staking rewards. Within a few days of the presale launch, Pepe Unchained has raised more than $490K. 

Your money is at risk.

2. Base Dawgz – The multi-chain meme coin that could 100x 

Base Dawgz is an innovative cryptocurrency project that merges the thrill of dog-themed meme coins with advanced multi-chain technology.

Inspired by the adrenaline rush of base jumping, Base Dawgz enables seamless movement across major blockchain networks, including Ethereum, Solana, Binance Smart Chain, and Avalanche.

Unlike many meme coins that rely solely on viral appeal, Base Dawgz offers real technological value, positioning itself as a strong contender in the crypto market.

Key features include staking opportunities, community rewards, and liquidity provision, all aimed at incentivizing active participation and long-term commitment from investors.

Investing in Base Dawgz during its presale phase presents a unique opportunity to enter at a low price point. The presale starts with $DAWGZ tokens priced at $0.00502, with a structured price increase of 5% every five days.

This tiered pricing strategy not only rewards early investors but also ensures a gradual appreciation in token value, providing an attractive proposition for those looking to maximize their returns.

Your money is at risk.

3. PlayDoge – Doge-inspired P2E new cryptocurrency that could explode

PlayDoge is an enticing new cryptocurrency to buy, especially for those interested in innovative play-to-earn models.

Built on the Binance Smart Chain, PlayDoge integrates the nostalgic appeal of the 1990s Tamagotchi game with modern blockchain technology, offering a unique gaming experience where players can raise virtual Doge pets, complete missions, and play mini-games to earn crypto rewards.

This combination of nostalgia and innovation makes PlayDoge stand out in the crowded cryptocurrency market.

One of the primary reasons PlayDoge is a good investment is its strong community backing. The project has rapidly attracted a large following through viral marketing on platforms like Twitter and Telegram. A robust community is crucial for the success of any cryptocurrency, particularly those rooted in the meme coin space, as it helps drive awareness and adoption.

The $PLAY token, which powers the PlayDoge ecosystem, has a capped supply of 9.4 billion tokens. This limited supply, combined with high demand from the gaming community, creates a favorable environment for potential price appreciation.

During the ongoing presale, investors can purchase $PLAY tokens at a discounted price, offering an opportunity for significant returns as the token’s value is expected to rise.

Your money is at risk.

4. The Meme Games — Combining meme coins with the olympic spirit

The Meme Games offers a unique investment opportunity by merging the joy of memes with the excitement of competitive gaming. This innovative approach has quickly garnered attention, raising nearly $150,000 in its first week of presale.

Participants can choose from characters like Dogecoin, Pepe, DogWifHat, Brett, and Turbo to compete in a virtual 169m sprint. Winners receive a 25% token boost, adding an element of fun and engagement to the investment process.

The project features a high-yield staking protocol with an APY of 3840%, attracting investors looking for substantial returns. With the token price at $0.009 and 38% of the total supply allocated for presale, The Meme Games presents a promising opportunity. The presale ends on September 8, 2024, with the token launch scheduled for September 10 on decentralized exchanges.

Your money is at risk.

5. Mega Dice – The new native token of the Mega Dice crypto casino

Mega Dice is a well-established crypto casino with a thriving community of over 50,000 active users and a monthly wagering volume exceeding $50 million.

The casino has introduced its $DICE token to reward loyal users and attract investors seeking passive income. Staking $DICE tokens offers daily rewards based on the casino’s performance, providing a consistent income stream.

The presale, priced at $0.069 per token, allocates 35% of the total 420 million tokens for early investors.

Mega Dice also employs a buyback and burn strategy to maintain and enhance the token’s value.

Participants in the presale can earn unique NFTs with added benefits. Operating on the Solana blockchain, Mega Dice ensures efficient, low-cost transactions.

The platform offers over 4,500 games and a sportsbook, catering to a wide range of preferences. Mega Dice’s robust tokenomics, active user base, and strategic market positioning make $DICE an attractive investment.

With the anticipated crypto bull run following the Bitcoin halving event, $DICE is well-positioned to deliver substantial returns, making it a standout choice for investors in the crypto casino space.

Your money is at risk.

6. SpacePay – Platform Offering a Seamless Crypto Payment System while Sharing Profits with Token Holders

SpacePay ($SPY) is a hot new London-based startup that has developed a decentralized payment protocol designed to support crypto payments at retail locations. This innovative system uses a revolutionary POS (Point-of-Sale) terminal compatible with 325 crypto wallets and all Android devices. 

The platform’s native token is called $SPY– which is central to incentivizing user engagement and promoting platform growth. 

Active users receive monthly airdrops of $SPY tokens, and holders gain monthly voting rights on platform proposals along with quarterly access to webinars hosted by the SpacePay management team. Additionally, $SPY holders enjoy exclusive access to new services and features.

SpacePay bridges the gap between crypto and traditional payments by enabling users to pay with crypto while merchants receive fiat currency, charging a flat 0.5% fee on the merchant side. This fee contributes to SpacePay’s revenue- a portion of which is shared with $SPY holders.

Currently, $SPY is in its presale phase and is priced at $0.00147 per token. SpacePay offers 6.8 billion tokens out of its total supply of 34 billion. The ongoing presale raised over $180K days after its official launch–showing high investor traction. 

Buyers can join the SpacePay Telegram channel and follow it on X (Twitter) for the most recent updates.

7. AlphaScan – Telegram Trading Bot Just Launched on Uniswap with $1 Million Market Cap

AlphaScan is a Telegram-based crypto trading bot with its own $ASCN token. The project just launched on Uniswap with a $1 million market cap after a successful presale.

AlphaScan’s platform uses a combination of automated technical analysis, social sentiment analysis, and on-chain indicators to find the best opportunities to buy and sell major crypto tokens.

Traders can follow the signals automatically using Telegram automations linked to their crypto exchange or broker. Alternatively, they can use the signals as a starting point for further research. AlphaScan offers an online dashboard where traders can view social mentions of tokens, monitor price action, and more.

AlphaScan has more than 24,000 followers on Twitter, which is impressive for a project that just launched. It’s seen more than $35,000 in daily trading volume since launching on Uniswap, which is also an encouraging sign.

The price hasn’t jumped since $ASCN launched, so investors still have a chance to buy this token before it shoots upward.

8. Lumishare – Algorithmically Controlled Token with Floor Price Set by Cash and Gold Reserves.

Lumishare is an interesting project that crypto investors will want to keep an eye on. The platform is designed to fractionalize real-world assets and bring them onto the blockchain so that anyone can invest in them.

Lumishare is especially focused on renewable energy assets. That’s important because many investors want a way to invest in private green energy projects, like solar and wind farms. Demand for investment opportunities in these renewable assets is expected to increase, according to the International Energy Agency.

Lumishare’s token, $LUMI, is tied to this goal by providing liquidity for asset tokenization. It’s an unusual coin in that it has an algorithmically determined floor price. It’s not a stablecoin, but it is backed by cash and gold reserves to set the floor price.

The floor price is correlated with $LUMI’s all-time high market cap. So, every time the value of $LUMI rises, the floor price moves higher as well. This protects long-term investors from downside risk—something that almost no other crypto accomplishes.

9. Shares.finance – Enables Crypto Influencers to Issue Shares to Followers in Exchange for Exclusive Content

Shares.finance is a unique crypto project that makes it easier for anyone to launch their own shares. The idea is that partial ownership in an asset doesn’t have to be limited to major companies—it can also be possible for influencers, small projects, and even individual content creators.

The shares that someone issues through Shares.finance can have different properties. They might entitle shareholders to exclusive new content or a share of revenue from a project. Shares can also grant voting rights.

Just like traditional shares, shares created with Shares.finance can be released through an IPO and sold on secondary markets. This makes for a very dynamic marketplace around a small project or individual.

The $SHARES token is a universal medium of exchange within the Shares.finance universe, enabling investors in shares to trade amongst each other. Investors in $SHARES can stake their coins to earn income. $SHARES tokenholders also receive a portion of revenue from trading fees collected by the project.

How We Picked the Best New Crypto Launches to Buy

Before we dive further into the best new cryptocurrencies for 2023, it’s important for investors to understand how we chose the top coins. We’ll highlight several of the most important factors we look at when evaluating new crypto listings.

Early Investor Interest

How popular a new crypto is from the moment it launches is one of the best indications of how it will perform after launch.

If a crypto presale has thousands of investors clamoring to get in and runs through its first stages in a matter of hours, that’s an outstanding sign that the token could pump once it hits exchanges. If a token holds its ICO and there’s nothing but crickets, investors likely want to steer clear of that crypto coin.

As an example, PepeCoin launched in April 2023 with a huge community behind it. The token went on to surge more than 10,000% and captured the attention of mainstream financial outlets. While PepeCoin fell back to earth after its pump, it retains a nearly $350 million market cap and is up more than 1,400% since launch.

So, we look carefully at not just how much money a project has raised, but also how quickly it raised that money and how big the community of investors is. We also consider whether crypto influencers and analysts are standing behind a new token.

Utility

We also look carefully at what a token does and what it offers investors.

Many new crypto tokens are designed to solve real-world problems and fill gaps within the crypto market. How many people are affected by these problems will partly determine how many people want to use a crypto project once it’s launched. That in turn determines the potential future value of the project’s token.

That said, not every token has to have utility to succeed. Meme coins don’t have utility, but they can still deliver huge returns for investors. For proof, just look at the Dogecoin millionaires—investors who made a fortune by investing in a meme coin that started as a joke.

Tokenomics

Investors should always consider the tokenomics of a cryptocurrency before investing in it. A coin’s tokenomics determine how many tokens will be available, whether the supply will increase or decrease over time, whether there are taxes on transactions, and more.

There’s no single tokenomics model that works best for every token. Inflation might be necessary for tokens like Bitcoin that are meant to be used in place of fiat currencies. Deflation might be better for meme coins that want to pump prices as quickly as possible. It’s important to understand tokenomics in the context of what a coin does.

Staking Rewards

Many new cryptocurrency coins enable investors to stake their tokens and earn rewards in the form of additional tokens. Staking can greatly enhance the value of a crypto token since it provides a way for investors to increase their holdings and encourages them to hold onto tokens for the long-term rather than sell them.

Staking interest rates can vary widely and they are not usually guaranteed. Be sure to check where the token rewards are coming from to ensure that they are sustainable for a project to keep paying out.

Development Team Strength

The development team behind a new crypto token is extremely important. Not only is the team responsible for marketing the coin and shepherding it through launch, but they’ll also play an important role in introducing promised features after launch.

We’re always on the lookout for scams and rug pulls, which are among the risks of investing in new cryptocurrencies. Ideally, new projects will reveal the identities of their developers in order to reduce the risk of a rug pull.

Some projects are also 100% community owned. This ensures that the development team only profits from their token if the community profits from it.

Well-defined Roadmap

The best new crypto to buy should have a clearly defined roadmap that lays out what features will be introduced in the future and when. The roadmap should also cover events like token burns, market cap milestones, and more.

A project’s roadmap should be realistic. Investors want to know how long development will actually take so that they can plan out their investment horizons for a token accordingly. For example, some of Binance new listings have well-defined roadmaps and project development plans.

Why Invest in New Cryptocurrencies?

While some investors prefer to focus on established cryptocurrencies like Bitcoin and Ethereum, many investors believe there’s a lot of opportunity in altcoins with upside potential. We’ll explain some of the reasons why investors may want to choose a new cryptocurrency to buy.

Potential for Explosive Price Gains

The biggest reason why investors look to new cryptocurrencies for investment opportunities is that they have huge potential compared to more established crypto tokens.

The most optimistic predictions think Bitcoin could reach $100,000. If that turns out to be true, investors who buy Bitcoin today could earn a 4x return on their investment.

Lock in a Fixed Price Before Trading Starts

Many cryptocurrency projects offer tokens to investors through a crypto presale or another form of ICO before launching on exchanges. Presales can be great because investors can invest at a specific, fixed price rather than be subject to rapid price fluctuations in a token on the open market.

This means that investors have time to carefully evaluate what price they want to invest in a token at. Of course, investors still need to hurry somewhat since token prices typically increase once a presale round sells out, and presales can sell out quickly if a token is hot.

Earn Passive Income through Staking and Other Rewards

Many investors buy new crypto tokens partly for expected gains from price appreciation and partly because the token offers gains through staking or other rewards.

With staking, investors lock up their crypto for a set amount of time in exchange for a promised interest rate. The interest is normally paid out in the same token, so investors are effectively able to accumulate more of a coin over time. This magnifies any gains they enjoy due to price appreciation in the token.

Staking can also be a way for investors to earn passive income, similar to how they might earn passive income from dividends when investing in stocks.

Build Community with Other Investors

Investing in a new crypto token can also be a way to build community within the crypto investing industry. This is a big deal for many crypto investors since investing can be a lonely pursuit sometimes.

Investors who come to the newest crypto coins share the thrill of finding a diamond in the rough before the rest of the market knows about it. Investors can bond over their shared find, and the process of forming these bonds makes tokens more valuable. According to psychologists, this is part of the reason for the appeal of meme coins.

Many new cryptocurrency projects actively encourage investors to form community by providing online spaces like Telegram and Discord channels.

Potential Risks & Things to Consider When Investing in New Crypto Launches

While new crypto launches can be exciting and profitable, they also carry risk. It’s important for investors to know what to watch out for when investing in the best crypto projects.

Price Volatility

New crypto tokens can be highly volatile, meaning that the price can swing up or down rapidly with little warning.

Often, the market is trying to figure out the “true” price of the newest cryptocurrencies in the minutes and days after they launch on exchanges. Without a price history to inform trades, everyone in the market needs to determine what price buyers are willing to pay and what price sellers are willing to accept.

This can lead to significant short-term price swings. Even if a token recovers quickly from a downturn, the volatility could force some investors out of positions for a loss.

Price Declines

On top of volatility, there is always a risk that the price of a crypto token will fall from its list price. When that happens, investors who bought the token early can lose money on their investment.

Falling prices can happen for many reasons. Frequently, new projects simply lack the momentum needed to keep demand up after launch. If new tokens are released during an exchange listing, these coins could flood the market and send prices down if there isn’t enough demand for them.

New crypto prices are also impacted by regulatory concerns. There is an ongoing fight in the US over whether many crypto tokens are unregistered securities. The US Securities and Exchange Commission is appealing a ruling that says that most tokens are not securities. The US Congress is also working on new crypto legislation that could jolt token prices and force some crypto projects out of the US market.

Scams

While many new crypto launches are legit, not all are. There are many well-documented examples of crypto projects that were designed to scam investors out of money.

For example, there’s a recurring scam that promises an “Amazon token” to investors. This token isn’t real, and investors who connect their crypto wallet to the presale platform could lose their coins.

Another common scam occurs when a fake token mimics a real crypto coin. For example, investors could be tricked into buying “$DOG” instead of $DOGE if they’re not paying close attention.

How to Find New Cryptocurrency Releases

One of the key aspects of succeeding in investing in new cryptocurrencies is to find tokens before they blow up. The earliest investors might make huge amounts of money on a token, while investors who get in too late could lose money.

Here are a few ways to find new cryptocurrency releases for 2023 before they get too big.

Crypto Presales

Crypto presales are one of the most common routes by which new cryptocurrencies are offered to the public. They give investors a chance to buy tokens at steeply discounted prices. In many cases, tokens will list on exchanges at higher prices, so presale investors already have unrealized gains in a coin.

Investors can find crypto presales through social media or platforms like ICOBench. We offer a calendar that highlights new crypto presales as well as tools for researching crypto presales.

Crypto Market Data Platforms

Crypto market data platforms like CoinMarketCap and DEXTools can be very valuable for finding newly released crypto projects.

CoinMarketCap has a list of new cryptocurrencies for which it is tracking prices. These projects have typically launched on exchanges within the past 3 days, so investors can still get in on the price swings that characterize early trading in new coins.

DEXTools offers a dashboard where investors can monitor the biggest gainers and losers in the crypto market. It also shows trending tokens, which often include new tokens. DEXTools is also one of the best platforms for tracking prices and trading volume in crypto tokens that recently launched on decentralized exchanges.

Crypto Influencers

Crypto analysts and influencers can also be valuable sources of information about new cryptos to watch. These individuals often promote new cryptocurrencies that they’ve invested in.

Influencers can be found mainly on Twitter and YouTube. Some are cryptic about investment ideas, but others will come out and tell followers what new cryptocurrency tokens they’re buying right now. Some popular crypto influencers include Jacob “Crypto” Bury and Ben “BitBoy” Armstrong.

Crypto Launchpads

There are several crypto launchpads that serve as incubators and fundraising platforms for new cryptocurrency projects. These launchpads can serve as central directories for projects worthy of investors’ attention.

Examples of crypto launchpads include DAO Maker, Pancakeswap, and Uniswap. DAO Market, for instance, keeps a list of all upcoming launches on the platform. Simply following what’s going on there is a great way to find new projects.

These platforms help market the tokens they’re incubating and are typically the first exchanges where these coins list.

Conclusion

We believe investors would do well to invest in any of the top new cryptocurrencies we highlighted. However, we’re especially bullish on Pepe Unchained. This Ethereum layer-two meme token offers dynamic staking rewards and low gas fees on transactions.

References

• https://fortune.com/crypto/2023/05/09/pepe-coin-and-the-incredible-folly-of-meme-tokens/
• https://techcabal.com/2023/07/19/the-unbelievable-journey-of-a-dogecoin-millionaire-next-goal-tradecurve-millionaire/
• https://www.youtube.com/watch?v=0Tab16Kv04U
• https://www.youtube.com/watch?v=e_MwNeyGALQ
• https://www.iea.org/news/clean-energy-investment-is-extending-its-lead-over-fossil-fuels-boosted-by-energy-security-strengths
• https://www.coindesk.com/markets/2021/12/30/the-psychology-of-meme-coins-from-actual-investors/
• https://www.bloomberg.com/news/articles/2023-08-18/sec-moves-to-appeal-ripple-ruling-that-crypto-is-not-a-security
• https://www.reuters.com/technology/us-congressional-committee-set-weigh-crypto-bills-2023-07-26/
• https://blog.avast.com/beware-of-a-new-amazon-token-crypto-scam
• https://coinmarketcap.com/alexandria/article/the-onecoin-scam-the-dazzling-story-of-the-biggest-crypto-ponzi-in-history
• https://www.youtube.com/c/jacobcryptobury
• https://www.statista.com/statistics/863917/number-crypto-coins-tokens/
• https://www.reuters.com/markets/currencies/crypto-winter-end-sight-ethereum-looks-shake-chills-analysts-2022-12-12/

FAQs