New Cryptocurrencies to Buy 2024

Why Trust Us
Why Trust Us

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.

Table of Contents Table of Contents
Table of Contents
  • $WEPE holders get premium trading signals, strategies, and alpha calls
  • Unlike PEPE, $WEPE offers staking with the highest APYs and long-term incentives
  • A next-gen memecoin combining meme ethics, trading signals, and market insights to give degens the upper hand
Project Launched
December 2024
Purchase Methods
  • Bank Card
    Bank Card
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • +1 more
  • ERC-20 token that brings all the top meme coins into one platform
  • Stake top meme coins like $BRETT, $TURBO, $PEPE, and $SHIB in the "MemeVault"
  • $STARS holders can enjoy 3 times the staking rewards
Project Launched
August 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Bank Card
    Bank Card
  • +1 more
  • Boost your staking rewards on Best Wallet by holding $BEST
  • Get in on the ground floor with early access to top presales before everyone else
  • Hold $BEST to get even lower transaction fees in the Best Wallet ecosystem
Project Launched
November 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Bank Card
    Bank Card
  • +1 more
  • High-Reward Staking Program and Upcoming P2E Game
  • 10% of Total Supply Allocated Towards community Rewards
  • The founders have already other successful Coins with high market caps
Project Launched
November 2024
Purchase Methods
  • Bank Card
    Bank Card
  • ETH
    ETH
  • USDT
    USDT
  • The new Vote-To-Earn system rewards you with $FLOCK tokens for participating in votes
  • Early participants benefit from 20% of tokens during the presale
  • Holders can earn passive income, as 25% of the tokens are set aside for staking
Project Launched
September 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • 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
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • BNB
    BNB
  • +1 more
  • 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
    MATIC
  • USDT
    USDT
  • Bank Card
    Bank Card
  • Exciting new decentralized meme coin index offering 4 meme indexes
  • Native governance token $MEMEX allows holders to submit and vote on project proposals
  • Staking is fully supported with rewards of +14,000%
Project Launched
December 2024
Purchase Methods
  • Bank Card
    Bank Card
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • +1 more
  • 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
    ETH
  • USDT
    USDT
  • USDC
    USDC
  • Bank Card
    Bank Card
  • BNB
    BNB
  • MATIC
    MATIC
  • AVAX
    AVAX
  • BASE
    BASE
  • +5 more
  • 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
  • BNB
    BNB
  • USDT
    USDT

New Cryptocurrencies to Buy – List

We’ve researched new cryptocurrency projects to find the most promising coins with the biggest potential returns for investors. Based on our findings, we’ve put together this list of new cryptocurrencies to consider investing in today.

  1. Pepe Unchained (PEPU) – Best new Pepe-themed meme coin built on the Ethereum layer-two blockchain.
  2. Memebet Token (MEMEBET)Powering a New High-stakes, Degen Casino
  3. CatSlap (SLAP) – A New Gamified Meme Coin with Rewards
  4. Crypto All-Stars (STARS) – Stake your favorite meme tokens under one roof.
  5. Best Wallet Token (BEST) – A New Cryptocurrency for Wallet Utility
  6. FreeDum Fighters (DUM) – Vote for Staking Returns.
  7. SpacePay (SPY) – Platform offering a seamless crypto payment system while sharing profits with token holders.
  8. BTC Bull – Get Airdrop Rewards as the BTC Price Increases
  9. WOBS Token – Access a High-Leverage DEX and Earn Passive Income on Staking
  10. Wall Street Pepe Token (WEPE) – The Pepe Meme Meets the Wall Street-based DEX

Best New Cryptocurrencies 2024 To Invest in

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

Those speedy transactions that characterize the L2 network are coming to a popular meme, Pepe. That, plus the added efficiency and affordable transaction fees, make Pepe Unchained one of the new cryptocurrencies to consider in your next investment season. The token takes its structure from Ethereum’s L2 blockchain to create a blockchain of its own on the same layer.

L2 networks share the vital purpose of offloading transactions on the main chain, in this case, Ethereum. That makes the transactions more efficient and fast.

Pepe Unchained presale

Pepe Unchained has been able to harness these benefits and incorporate them into its native token, $PEPU. The most prominent advantage shows up in the staking rewards, which are relatively higher than what you will likely get on L1 networks. At the presale launch, the annual yield for staked tokens exceeded 4,900%

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. 

Token symbol $PEPU
Presale supply 1.6B tokens
Token type ERC20
Payment methods ETH, USDT, and BNB
Listing price To be announced.

2. Memebet Token – Powering a New High-stakes, Degen Casino

This new meme crypto project brings a casino gaming experience while offering earning opportunities as you play. The Memebet token will power the Memebet Casino, which is expected to be released soon. This casino brings some sought-after features like integration with Telegram and over 1,000 native crypto games.

The Memebet presale page While you will be able to wager in the casino with your preferred meme coin, holding the Memebet token is your primary way in. This token is currently in the early stages of its presale, meaning you can purchase it directly on the presale site. All you have to do is make the swap with ETH, USDT, or BNB.

The Memebet presale launch presents the first stage of the project’s roadmap. There is still more to be done, like the launch of the web casino and sportsbook. That should usher us to the Telegram platform.

Holding and wagering $MEMEBET is the ideal way to earn in the casino. You will also be able to participate in the NFT lootboxes that follow. If you are up to participating in the presale, you might just be in time for the first airdrop when you claim and wager your $MEMEBET tokens.

Token Symbol MEMEBET
Presale Supply 2 billion
Token Type Ethereum
Payment Method ETH, USDT, and BNB

3. CatSlap – A New Gamified Meme Coin with Rewards

CatSlap is a new November 2024 addition to the meme token market, but one that sets itself apart with a fun and engaging game. Participation is free, but that is not the best part about playing the game. You will be eligible to participate in the CatSlap token airdrop once the game gets upgraded to a P2E model.

CatSlap token website

10% of the total token supply is reserved for community rewards, but that is not all. Another 10% of the total token supply is taking care of the staking rewards, which are currently at 40% annually. To that end, you can buy and stake your tokens immediately for seven days.

With the current high trading momentum, we understand if you want your tokens before the seven days elapse. Thankfully, there is a token-burning mechanism that allows you to unlock your tokens by burning a few. This approach makes the staking process flexible and, most importantly, helps reduce token supply to bolster the $SLAP token’s market value.

With a viral nature, an engaging game, and a strategic partnership with Best Wallet, CatSlap has all it takes to beat previous cat-themed meme coins like POPCAT.

Token Symbol SLAP
Total Supply 9 billion
Network Ethereum
Payment Method ETH and USDT

4. Crypto All-Stars – Stake the World’s Best Meme Coins and Earn Passive Income

Crypto All-Stars ($STARS) is a new meme token that is revolutionizing staking for meme tokens. Through its upcoming mode called the ‘MemeVault.’ Crypto All-Stars will allow multiple meme coins to be staked on its ecosystem

Notably, the MemeVault can support tokens including Shiba Inu, Dogecoin, Floki Inu, Milady, and Pepe. Staked token holders can earn $STARS, the native token, as passive income. As you collect $STARS tokens, you can also opt to stake it on Crypto All-Stars and earn an APY of up to 2,897%

Crypto All-Stars presale

Moreover, existing $STARS token holders will get up to a 3x increase in their earnings on the MemeVault. Thus, $STARS is quickly selling out on presale – with Crypto All-Stars already having raised $530K in a matter of weeks. 

At press time, $STARS is priced at $0.0013911 per token. 20% of the total 42.069 billion token supply will be allocated through the presale stages. For more information on this project, go through the Crypto All-Stars whitepaper and join the Telegram channel

Token symbol $STARS
Presale supply 42.069 billion tokens
Token type ERC-20
Payment methods ETH, USDT, BNB, Card
Listing price To be announced.

5. Best Wallet Token – A New Cryptocurrency for Wallet Utility

Despite being exclusively available for Best Wallet users in its early presale stage, the Best Wallet Token has gathered over $300,000 in just five days. The token launched its presale on November 11, 2024, and since then, it has slowed down the momentum. Instead, we see a growing interest as old and new Best Wallet users pick up the token.

Best Wallet token presale

Buying Best Wallet Token does come with a few perks, the most obvious being the low entry price. As is typical in crypto presales, the price will rise with each presale stage until the final launch on crypto exchanges. We’ve already gotten past the first presale stage, which sold out within an hour.

One of the perks driving demand for $BEST is the lower transaction fees for holders. Others include access to new presales, governance rights, and higher APY staking opportunities. All these are reserved for the Best Wallet users, but investors on other crypto wallets are welcome to buy $BEST. The only thing there is that they can only start buying the token on November 25. Before then, only in-app purchases through the Best Wallet app will be supported.

Token Symbol BEST
Total Supply 10 billion $BEST tokens
Token Type Ethereum
Payment Method ETH, USDT, and bank card

6. FreeDum Fighters – Vote for Staking Returns

This crypto project is leaving no stone unturned to maximize engagements and adoption. Regardless of your preferred wallet, FreeDum Fighters has ensured support for over 440 wallets. That is thanks to its multi-chain availability that cuts across Binance Smart Chain, Solana, Ethereum, and Base.

FreeDum Fighters staking pool

Wallets on those networks can connect easily to the presale site as you pick your $DUM tokens. While at that, you’ll have the option to stake the tokens, but this is where things get interesting. The staking comes with two pools, representing the two candidates in FreeDum Fighters’s faux elections. Kamacop has more potential returns than Megatron, and the pool you pick will act as your vote.

As seen with other new cryptocurrencies, the staking returns will decrease gradually until the final DEX listing. That means you have to get on board early to maximize the potential rewards.

The staking pool is not the only way to shore up your $DUM tokens. You can participate in debates to stand a chance at receiving airdrops. This approach will likely boost engagement for FreeDum Fighters and give it the needed spark for high returns during listing.

Token Symbol DUM
Presale Supply 108 billion
Token Type Ethereum, BSC, BASE, and Solana
Payment Method ETH, BNB, USDC, Sol, Base, and USDT

7. 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 Presale Homepage

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. 

Private investors have already put $750,000 into this project. Besides that, the use of an APK on the well-known POS terminal model reduces the learning curve. That will ease adoption across both crypto communities and non-crypto users.

SpacePay’s payment solution will be free to use. The payment companies adopting it will have no integration charges. However, transactions will cost 0.5% to process.

Token symbol $SPY
Presale supply 6.8B $SPY tokens
Token type ERC-20
Payment methods ETH, USDC, USDT, card
Listing price To be announced.

8. BTC Bull – Get Airdrop Rewards as the BTC Price Increases

BTC Bull is a new meme coin that rewards community members who are bullish on Bitcoin. The BTCBull Token ($BTCBULL) has recently launched on presale and is gaining popularity due to the stellar airdrop rewards and staking returns up for grabs. 

From a total supply of 21 million tokens, 50% is being distributed through the presale. Currently, the BTCBull Token is priced at just $0.000503 per token. Once Bitcoin touches the $100K mark, BTC Bull will distribute 10% of its token supply via airdrops to early presale investors

BTC Bull presale

Thus, getting in early on this new crypto token will have exciting long-term benefits. Furthermore, the BTCBull Token can be staked on Ethereum smart contracts to earn an annual yield of more than 25,000%

10% of the total supply will be distributed through staking rewards over the course of two years. Since the staking yield will decrease as more tokens are staked, you can receive a higher return by investing early in the project. 

Read the BTC Bull whitepaper and join the Telegram channel for more information. 

Token symbol $BTCBULL
Presale supply 10.5 million tokens
Token type ERC20
Payment methods ETH, BNB, USDT, Card
Listing price To be announced.

9. WOBS Token – Access a High-Leverage DEX and Earn Passive Income on Staking

WOBS Token ($WOBS) is a new meme coin that’s revolutionizing trading for crypto enthusiasts. Through its upcoming decentralized exchange (DEX), WOBS will allow traders to access high-leverage trading while enjoying the fun aspect of meme coins.

Notably, the DEX can support up to 200x leverage on trades while offering competitive rates and multiple trading pairs. $WOBS token holders can benefit from low trading fees on the platform. As you collect $WOBS tokens, you can also stake them and earn passive income, with 20% of the total supply allocated to staking rewards.

Wolf of Bull St Token Presale

Moreover, liquidity providers can earn $WOBS tokens as rewards for contributing to the DEX. Thus, $WOBS is quickly gaining attention in its presale – with the project having just launched in August 2024.

At press time, 50% of the total 200,000,000,000 token supply (100,000,000,000 tokens) is allocated to the presale stages. For more information on this project, visit the WOBS Token website and join their community channels.

Token symbol $WOBS
Presale supply 200,000,000,000
Token type ERC20
Payment methods ETH, BNB, USDT, Card
Listing price To be announced.

10. Wall Street Pepe Token – The Pepe Meme Meets the Wall Street-based DEX

We know the famed Wall Street for its financial prowess in trading, hedge fund management, portfolio management, etc. While the WEPE DEX will not incorporate all of that, it will be a place where degens can trade and flip shitcoins. At the centre is the Wall Street Pepe token to power transactions and empower token holders with exclusive benefits.

The WEPE DEX

One of the benefits you’ll enjoy for holding the $WEPE token is super-low fees on your DEX transactions. If you have no urgent need for your tokens, you can leave them in the project’s staking pool for returns. Airdrop rewards are also available to those who provide liquidity for the project.

The Wall Street Pepe token will host its presale soon. Once that happens, you’ll be able to get some tokens into your portfolio by buying with ETH or USDT. The purchase will either be by connecting your wallet directly to the presale site or sending tokens to the smart contract address provided. The recommended approach is to use your wallet extension on a desktop for the purchase.

Token Symbol WEPE
Presale Supply 120 billion
Token Type Ethereum
Payment Method ETH and USDT

How We Picked the Best New Crypto Coins

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.

Determining a New Crypto Token’s Potential Return

Our ultimate goal when choosing the best new cryptocurrencies to invest in is to find the tokens with the highest potential return after launch.

We look at all of the criteria above to determine what market cap a project could achieve and over what timeframe. We then compare this potential market cap to the planned market cap at launch to calculate the potential return investors could earn.

Remember that potential return is never guaranteed with new crypto tokens.

Why Buy 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.

What Are Crypto Rug Pulls?

Another type of scam to watch out for is known as a rug pull. A rug pull occurs when developers set up a presale for a token and raise funds, then run away with the funds. Rug pulls may never deliver a token at all or they may deliver a half-finished product that never completes its roadmap and is thus much less valuable.

One of the biggest rug pulls in crypto history centered on OneCoin, which raised $4 billion from investors in 2016. The token’s founder disappeared in 2017 with much of the money raised by the project and remains a global fugitive.

How to Find New Cryptocurrency Launches

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.

DexTools Dashboard

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.

DAO Maker Upcoming Launches

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

How Often Do New Cryptocurrencies Launch?

A new cryptocurrency launch takes place every single day. In fact, there are usually 2-5 new cryptocurrencies launching on decentralized exchanges on any given day.

The overall frequency of new cryptocurrency launches does go up and down over time. For example, there were fewer new crypto launches during the crypto winter and the overall number of tokens actually declined.

Now that the crypto winter is coming to an end, many analysts expect that the number of new crypto projects will increase once again.

How to Buy Best Wallet Token

Here’s a step-by-step guide on how to buy $BEST in the Best Wallet app:

  • Step 1: Download the app through the Play Store/App Store or by scanning the QR code on the official presale website.
  • Step 2: Import your ETH/USDT wallet or fund your Best Wallet with ETH or USDT.
  • Step 3: Select Best Wallet from the list of upcoming tokens.

Best Wallet homepage

  • Step 4: Proceed to the “Buy Now” page where you’ll pick your payment option, enter the amount you want to spend, and authorize the transaction.

$BEST token presale

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.

FAQs

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References

By Michael Graw

Michael is a vastly experienced writer who's well versed in everything blockchain, having been covering the crypto space for over 5 years. Hailing from Bellingham, Washington, Michael has featured on respected sites such as CryptoNews, InsideBitcoins, TechRadar, Techopedia, and Tom's Guide.