New Cryptocurrencies to Invest in 2024 | Today’s Crypto Coins

Looking for a new cryptocurrency to invest in can be a daunting task, but can be beneficial if done right. For one, you are able to buy into new projects before they take off, meaning preferential pricing and a favorable market capitalization. 

But which new cryptocurrency projects are worth exploring in 2024? In this guide, we reveal the 19+ best new cryptocurrencies to invest in. Read on to discover which new projects could become the next 100x success story.

19+ New Cryptocurrencies to Invest in 2024

Reviewing the Best New Crypto to Buy

Most new cryptocurrencies fail to live up to investor expectations. Therefore, choosing the best new coins to buy is no easy task. To help clear the mist, we’ll now review the above list of new cryptocurrencies.   

1. Pepe Unchained (PEPU): Pepe-Themed Meme Coin With Generous Staking APY and its Own Blockchain

The best new cryptocurrency to invest in is Pepe Unchained ($PEPU). This Pepe-themed meme coin offers something that most of its peers don’t: its own blockchain. The new blockchain is a Layer 2 on Ethereum, giving users low transaction fees and fast transactions. This alone could turn Pepe Unchained into a strong meme coin hub.

To take part in it, you need to hold $PEPU tokens. Currently available in a presale, you can grab a bag of $PEPU using ETH, BNB, USDT or a card. Your tokens will be unlocked for claim once the presale ends. During the presale, however, consider staking your tokens. There’s a generous staking APY of over 900% at the moment. This is a dynamic APY that will drop as more tokens are staked, making it prudent to stake as early as possible.

Early investors who buy the token presale also enjoy a low token price. Every few days the token price goes up. Once the presale ends and $PEPU launches on exchanges, the token price could explode.

From the token supply, 20% is allocated to the presale. Staking rewards get a higher allocation of 30%, rewarding those who lock their tokens. With a marketing budget of 20% of the total token supply, $PEPU could be the next best Pepe-themed meme coin once the presale ends.

Read the Pepe Unchained whitepaper to learn more about this crypto project. Also, follow Pepe Unchained on X and join the Pepe Unchained Telegram channel to stay up to date.

Key Takeaways

• Pepe-themed meme coin
• Uses its own layer 2 blockchain on Ethereum
• Generous staking rewards

Visit Pepe Unchained

2. Crypto All-Stars (STARS): New Token Offers Staking Rewards on Multiple Meme Coins

The next crypto token on our list is Crypto All-Stars ($STARS), a revolutionary platform that is creating a single hub for earning staking yield on meme coins. 

Crypto All-Stars will soon release an innovative feature known as the ‘MemeVault.’ On this mechanism, token holders can stake a variety of meme coins such as Dogecoin, Shiba Inu, Floki Inu, Pepe, and Turbo. The staking yield will be provided as $STARS tokens. 

Thus, Crypto All-Stars promises passive income rewards on some of the best meme tokens out there. Moreover, $STARS, the native token, can also be staked to generate an APY of up to 5,466%.

Those token holders that hold a certain number of $STARS tokens get 3x the normal staking yield, a great incentive to grow interest for this new meme token. Currently, $STARS is priced at just $0.00138 per token on presale. 

In a couple of days, the Crypto All-Stars presale has raised more than $338K. For more information, go through the Crypto All-Stars whitepaper and join the Telegram channel. 

Key Takeaways

• Offers staking yield on multiple meme coins
• 3x staking yield for $STARS token holders
• Raised $338K within a few days of the presale launch

Visit Crypto All-Stars

3. Base Dawgz (DAWGZ): Base Meme Coin with Share-to-Earn System, $2.2M Raised in Presale

Base Dawgz is a new meme coin built on Base that’s off to an explosive start with its $DAWGZ token presale. The project raised more than $2.2 million in the first month after launch.

Base Dawgz offers several unique features that promise to make this the biggest token on Base. First, it’s more than just a Base token. $DAWGZ is also launching on Ethereum, Solana, Avalanche, and Binance Smart Chain. The presale is available on all of these chains, and the $DAWGZ token will make it easy for token holders to move value across networks seamlessly.

Base Dawgz is also offering a share-to-earn program during the presale. Presale investors can connect their own X account to the presale, then earn points every time they share content from the Base Dawgz X account. At the end of the presale, points can be converted to $DAWGZ. It’s a great way for investors to promote the project and build hype around $DAWGZ while earning more tokens.

The early excitement around the Base Dawgz presale and the token’s features make it one of the highest potential meme coins of the year. Analysts are even suggesting $DAWGZ could be the next $BRETT – exploding 100x or more after launch.

Key Takeaways

• Meme coin launching on Base, Ethereum, Solana, Avalanche, and BSC
• Presale raised $2.2M in the first month
• Share-to-earn offers chance to earn $DAWGZ during presale
• Earn 10% bonus for every referral to the Base Dawgz presale

Visit Base Dawgz

4. PlayDoge (PLAY): New Cryptocurrency With Over $3.7M Raised in Presale

PlayDoge is rapidly emerging as one of the best new cryptocurrencies to invest in for 2024. This landmark project brings together the Doge meme and a Tamagotchi-themes play-to-earn (P2E) mobile game, allowing users to earn $PLAY tokens while caring for a virtual pet.

So far in its presale, PlayDoge has raised over $5.3 million within a few months of the presale.

The total supply of PlayDoge tokens is 9.4 billion, with 50% allocated for presale. Additionally, 12% will be offered through staking rewards. Since PlayDoge is multi-chain, token holders can stake $PLAY on ETH and BNB chains. Currently, one can receive an annual yield of 75% by staking tokens on the BNB chain. 

For updates and community engagement, follow PlayDoge on X (Twitter) and join its Telegram channel. This unique combination of gaming and meme culture positions PlayDoge as a top new cryptocurrency to consider for 2024.

Key Takeaways

• Play-to-earn (P2E) game combining Doge meme and Tamagotchi pet
• 12% of total supply reserved for staking (1.128 billion)
• 50% of total supply earmarked for presale (4.7 billion)

Visit PlayDoge

5. The Meme Games ($MGMES): Hot New Gamified Crypto Presale with Iconic Meme Characters

Another promising new crypto to watch is The Meme Games ($MGMES). It’s a hot new crypto presale based on the Olympic games theme offering a virtual game called ‘169m dash.’ Here’s how it works:

• You can buy $MGMES tokens in its ongoing presale.
• You then pick a meme character like Doge, Pepe, Brett, Turbo, or Dogwifhat.
• Your character will run and compete in a 169m race.
• If your character wins, you can win a 25% token bonus.

Investors can grab $MGMES for just $0.009 at the time of writing. This price will keep increasing throughout the presale.

You can also buy The Meme Game tokens and race as many times as you want. It’s worth noting that All characters have the same chance of winning. The race results are random, so it’s fair.

$MGMES token holders can also stake their tokens for high rewards during the presale phase. Buyers can earn an APY of over 900% at the time of writing. Please note that this earning rate will decrease over time, so joining early is more rewarding.

This project makes buying crypto feel like a fun game and allows you to earn extra tokens along the way. For the latest updates, you can enter The Meme Games’ Telegram account and follow its X handle.

Key Takeaways

• Gives a chance to win a 25% token bonus.
• Offers Iconic and beloved meme characters.
• Has a fair and randomized competition.

Visit The Meme Games

6. ShibaShootout (SHIBASHOOT): Wild West-themed Meme Coin Offers Staking Rewards and Hosts Lotteries

The next new token on our list is ShibaShootout ($SHIBASHOOT), a hilarious meme coin that is set in the world of the wild west. This hilarious meme token has been created to invoke a sense of community. In the world of ShibaShootout, users can share campfire stories in an engaging storytelling format and win rewards for doing so.

A community-driven token, ShibaShootout also allows its token holders to vote on project proposals and key initiatives. Through the ‘Cactus staking’ feature, $SHIBASHOOT token holders can stake their holdings, and generate an APY as high as 2,200%.

This unique platform will soon launch its lottery round, where entry tickets can be purchased with $SHIBASHOOT. While lucky winners can increase their loot, a portion of the rewards will also be used to fund charitable initiatives. The $SHIBASHOOT token has a total supply of 2.2 billion, out of which 35% is currently being distributed for the presale.

Within a few months, the ShibaShootout presale has raised nearly $500K. At press time, $SHIBASHOOT is priced at just $0.0195 per token. Read the ShibaShootout whitepaper and join the Telegram channel to learn more about the project.

Key Takeaways

• Meme token set in the virtual world of the wild west
• Get staking APY as high as 2,200%
• Buy lottery tickets with $SHIBASHOOT and win rewards

Visit Shiba Shootout

7. Mega Dice Token (DICE): Popular Casino Token Offering Daily Bonuses and High Staking Rewards

Next on our list of new cryptos to buy is the Mega Dice Token ($DICE). It’s the native token of a popular crypto casino called Mega Dice Casino. The casino has over 50,000 users and an average monthly betting volume of over $50 million. 

The platform recently launched a presale for its $DICE tokens, where early buyers can grab them for a relatively low price. At the time of writing, early buyers can get $DICE for just $0.086. 

Players holding $DICE can get daily bonuses, special promotions, and rewards for staking their tokens in three different pools. The platform raised over $1.5M in just a few months of launch.

When you stake $DICE, you can get benefits like rare NFTs that can improve your gameplay. You can also trade these NFTs with other players.

Per the Mega Dice Token whitepaper, the project has a supply limit of only 420 million $DICE. The casino will also buy back and burn some tokens, which makes the remaining ones more valuable.

Plus, Mega Dice also offers a massive $2.2 million airdrop that is split into 3 seasons. Active users betting $5,000 can participate in this airdrop and win up to $750,000 each season.

The ongoing presale also has a referral commission that lets you earn 10% (with no limit) on the amount invested by the person you referred.

Interred users can enter Mega Dice Token’s Telegram group and follow it on X (Twitter) for the latest updates.

Key Takeaways: 

• High passive rewards for presale buyers
• Established casino with 50,000 users
• Offers referral commission and bonus

Visit Mega Dice Token Presale

8. DTX Token (DTX) – ERC-20 Token With Rewards and Premium Feature Access on DTX Crypto Exchange

DTX is a unique crypto exchange that allows its users to trade over 120,000 tokenized assets such as stocks, crypto, forex, and commodities with up to 1,000x leverage. The exchange is now launching its DTX token ($DTX) in a presale, giving early investors the chance to stack up before the price goes up.

Token holders will have access to premium features like analytics and priority customer support, and they will be able to vote in the exchange’s governance. In addition, holders can use their token to pay exchange trading fees or earn loyalty rewards.

During the presale, early investors have a chance to buy the token for $0.04 each. Over $1.1 million has been raised so far, showing strong demand for the exchange’s token. Depending on the amount you purchase, you can get bonus $DTX tokens. For example, buying $DTX tokens worth between $250 and $1,999 gets you 5% bonus tokens.

As a presale buyer, you automatically participate in the $1 million giveaway where 10 lucky winners will get $100,000 each. You need to make a minimum purchase of at least $100 and complete other tasks, including following DTX exchange on X and joining the DTX Telegram channel.

Key Takeaways

• Benefits and rewards at the DTX crypto exchange
• Low token price during the presale
• $1 million giveaway for presale participants

Visit DTX Token

9. Doge2014 (DOGE2014) – ERC-20 token Honoring Dogecoin’s Birthday, Featuring High APY

Doge2014 ($DOGE2014) is a new ERC-20 meme crypto launched recently to celebrate Dogecoin’s 10th birthday. Priced at $0.00027 per token during its presale— Doge2014 pays tribute to the original price of Dogecoin in 2014. It gives people who missed the initial Dogecoin rally a chance to invest in something familiar.

With an APY of up to 16,000%, Doge2014’s staking payouts are very high at the time of writing. This encourages long-term holding and community participation. Investors can receive these benefits even during the presale.

The platform’s supply cap is 100 billion tokens. Of those, 60% are set aside for the presale, 25% are for staking awards, 10% are for liquidity, and 5% are for marketing. This distribution method helps the tokens stay stable and grow.

Over $86,000 has been raised in just a few days through the presale, which shows a high early investors interest. To buy Doge2014, you just have to connect a wallet, participate in the presale, and claim your tokens when the presale is over.

Investors can read the Doge2014 whitepaper to learn more and join the Telegram group to stay up to date on the latest news.

Key Takeaways

• High staking APY
• Celebrating Dogecoin’s 10th anniversary
• Clear roadmap with plans for exchange listings soon.

Visit Doge2014

10. SpacePay (SPY): Decentralized Crypto Payment Protocol Offers Monthly Airdrops

SpacePay ($SPY) is a decentralized terminal-agnostic payment protocol that facilitates crypto transactions at retail locations. The SpacePay machine will be used at retail locations and is compatible with over 325 crypto wallets. 

Thus, customers can make crypto payments while merchants receive funds in local currency. $SPY, the native token, will be used to incentivize user engagement and platform growth. Every month, SpacePay will airdrop $SPY tokens to the most active platform users. 

$SPY token holders get monthly voting access to decide crucial proposals for the platform’s growth. Token holders also receive quarterly access to webinars with the leadership team. This ERC-20 token is currently priced at $0.00147 per token during the ongoing presale round. 

From a total supply of 34 billion tokens, 20% are being allocated to the presale. One of the top new coins, SpacePay has raised more than $180K in just a few days since the presale launched. 

For more information, read the SpacePay whitepaper and join the Telegram channel. 

Key Takeaways

• Decentralized payment protocol to support crypto transactions
• Get voting rights and access to webinars with the $SPY token
• $SPY will be airdropped monthly to the most active SpacePay users

Visit SpacePay

11. Race to a Billion (BDJ): F1 Predictions Platform Offers High Staking Rewards

Race to a Billion ($BDJ) leverages the power of cutting-edge blockchain technology to create an online predictions platform for Formula One enthusiasts. 

On Race to a Billion, F1 watchers can predict the top 10 racers for each race. For each successful prediction, Race to a Billion rewards users with $BDJ tokens. At the end of the F1 season, Race to a Billion will also conduct a giant jackpot giveaway, distributing even more $BDJ tokens. 

In an effort to incentivize long-term adoption, Race to a Billion also introduces its staking mechanism. Through this feature, $BDJ can be staked to generate an annual yield of up to 6,250%. 

$BDJ has a total supply of 2.5 billion tokens, out of which 1 billion are being allocated for the presale. Another 500 million tokens will be distributed through staking pools. At the time of writing, $BDJ is priced at $0.0076 on presale, which has raised over $147K. 

Join the Race to a Billion Telegram channel and follow the X page for more information. 

Key Takeaways

• Formula One prediction and betting platform
• Get up to 6,250% staking APY on $BDJ 
• Presale has raised nearly $150K in a few weeks

Visit Race to a Billion

12. BlastUp (BLP): New Cryptocurrency Launchpad Has Raised $5M on Presale 

BlastUp ($BLP) is a Launchpad giving $BLP token holders access to new projects on the Blast ecosystem. Notably, BlastUp is the only Ethereum L2 offering native yield for ETH and stablecoins. 

Furthermore, BlastUp is the first layer-two blockchain to reach a TVL (Total Value Locked) of $1 billion in just 35 days. One of the integral components of BlastUp is $BPL, the native token. $BLP token holders get exclusive loyalty rewards by investing in new IDO projects through the BlastUp launchpad. 

The points can be collected by holding and staking $BLP or by contributing to the ecosystem. This new crypto has raised $5 million since its presale launched. From a 1 billion token supply – 200 million tokens are being offered through the presale. 

Currently, $BLP is priced at $0.06 per token. For more information, join the BlastUp Telegram channel and follow the project on Twitter. 

Key Takeaways

• First L2 blockchain to reach a $1 billion TVL in 35 days. 
• Stake $BLP tokens to get a portion of funds raised from launchpad projects.
• Raised $5 million in a few weeks since the presale launched. 

Visit BlastUp

13. ButtChain (BUTT): Brand New Polygon-Based Auto-Liquidity Meme Project, With Over 1.1M $BUTT Sold So Far

ButtChain is a hot new innovative cryptocurrency and the world’s first auto-liquidity meme coin on the Polygon Blockchain. ButtChain uniquely combines the playful spirit of meme coins with cutting-edge tokenomics that set it apart.

One of ButtChain’s standout features is Auto Liquidity, with liquidity automatically added to Uniswap with each purchase during the presale. Beyond its amazing liquidity features, ButtChain’s tokenomics are cleverly designed with a token burning system that creates deflation. Additionally, Direct to Contract token purchases during the presale ensure buyers get immediate custody of their tokens, avoiding claim windows and long waits. During the presale, the price of ButtChain increases every day, rewarding early adopters and creating a sense of urgency.

The ButtChain token presale is now open for a limited time, and tokens can be purchased using a variety of cryptocurrencies, including Ethereum, Polygon, Solana, and USDT, as well as via credit card for eligible buyers. If you’re tired of the endless parade of ShibaWif coins, ButtChain offers a refreshing alternative.

ButtChain also introduces a lucrative referral system, allowing users to share and earn Matic through referral fees during the ButtChain presale.

ButtChain stands out from typical meme coins, combining a unique blend of humor and cutting-edge innovation. Almost a million ButtChain tokens have been sold so far, so don’t miss out on this exciting opportunity to join one of the newest and best meme coins. For more information about this exciting new meme coin you can join the project’s degen community via X as well as read the whitepaper. 

Key Takeaways

• World’s first auto liquidity meme coin on Polygon with 2 liquidity features ensuring smooth trading.
• Lucrative referral program allows you to start earning crypto today.
• Ingenious tokenomics with token burning creating deflation and daily price increase rewarding early adopters.

Visit ButtChain

14. BTC Bull (BTCBULL): A Unique Meme Coin Opportunity for Bitcoin Believers

BTC Bull ($BTCBULL) is a hot new meme token with a specific purpose—to help investors capitalize on the next Bitcoin bull market run.

As outlined in the BTC Bull whitepaper, the meme coin offers several unique advantages, including a token burn as Bitcoin’s price increases. Specifically, every $10k increase in BTC price will result in the burning of a percentage of the overall token supply. This incentivizes users to hold $BTCBULL as Bitcoin’s price action roars.

Additionally, the crypto project offers an exclusive airdrop when Bitcoin reaches $100k. When Bitcoin hits this price milestone, BTC Bull allocates 10% of the entire $BTCBULL token supply for this massive airdrop. Investors are rewarded based on the number of BTC Bull tokens they own.

At the time of writing, $BTCBULL is priced at $0.000506 and can be purchased with USDT, ETH, BNB, and a credit card. Current BTC Bull staking rewards are 399.54 BTC Bull tokens per ETH block.

For more details, see the BTCBull whitepaper and join the Telegram channel for further updates.

Key Takeaways

• Stake BTC Bull tokens and earn as Bitcoin’s price hits all-time highs
• Built-in token burning protocol 
• 10% of overall $BTCBULL distributed in airdrop when Bitcoin hits $100k

Visit BTC Bull

14. Arbitrum (ARB): Layer 2 Ethereum Solution Building Strong Momentum     

Arbitrum is a top-rated project that offers layer 2 solutions to Ethereum-based ecosystems. This enables decentralized applications to scale their projects, reduce fees, and increase transaction speeds. Those bridging to Arbitrum still benefit from Ethereum’s robust security features.   

The key difference is that Arbitrum smart contracts are handled off-chain. This removes transactional friction and ensures complete efficiency. Although Arbitrum has been a work-in-progress for several years, ARB tokens were launched in March 2023. Within a week of being listed on exchanges, ARB declined by over 90%. 

However, its fortunes have since reversed. In late 2023, ARB was trading at just $0.77. In January 2024, ARB hit a high of $2.40. This represents gains of 210%. However, Arbitrum is valued at just $2.1 billion right now. This coin could be undervalued, considering 266 projects are already using Arbitrum. This includes Tether, Maker, the Graph, Uniswap, Compound, and USD Coin. 

Key Takeaways

• Layer 2 solutions provide scalable, cheap, and fast transactions for Ethereum-based projects 
• 266 projects have already bridged – including large-caps like Tether and USD Coin 
• Market capitalization of $2.1 billion could be undervalued 

15. Jupiter (JUP): Decentralized Finance Services for the Solana Ecosystem      

Jupiter is one of the best cryptocurrencies to invest in decentralized finance (DeFi). While most DeFi projects serve the ERC-20 system, Jupiter is a Solana-based project. This means investors can trade Solana tokens without using centralized exchanges. No account is required either, as users simply need to connect their wallet to the Jupiter platform. 

Jupiter also supports cross-chain functionality. Supported networks include the Binance Smart Chain, Base, Ethereum, and TRON. Jupiter also enables investors to dollar-cost average their investments. This is a unique tool that isn’t usually supported by decentralized exchanges. Jupiter also enables traders to execute limit orders. 

Jupiter’s native cryptocurrency, JUP, was launched on January 31, 2024 at $1.2707. The tokens have since declined by almost 65%. Nonetheless, JUP has a market capitalization of over $770 million. Moreover, JUP is already listed on tier-one exchanges including Binance, KuCoin, Gate.io, Bybit, and OKX. Therefore, investors have the opportunity to buy the dip while prices are still cheap. 

Key Takeaways

• Decentralized finance platform for the Solana ecosystem
• Features include decentralized swaps, dollar-cost averaging, and cross-chain functionality 
• Already listed on tier-one exchanges like Binance and KuCoin  

16. UniDexAI (UNIDEXAI): New Decentralized Exchange With Advanced Trading Features      

Next up is UniDexAI, a new decentralized exchange that supports all tokens on the ERC-20 standard. While similar to Uniswap, UniDexAI offers a wealth of advanced features that will appeal to active crypto traders. This includes in-depth pricing charts, enabling technical analysts to make informed decisions. 

There’s support for multiple time frames and indicators, including the RSI and MACD. It also offers detailed order books, custom order types, and AI contract audits. The latter helps traders detect tokens that could potentially be scams. UniDexAI’s native token, UNIDEXAI, offers a revenue share program. 

Those holding UNIDEXAI will be entitled to 40% or 60% of the generated revenues, depending on their tier. This is funded by trading exchange commissions, ad revenues, and a custom routing tool. UNIDEXAI was launched in the prior 24 hours. The tokens are already up 25%, giving the project a market capitalization of $3.3 million. 

Key Takeaways

• Decentralized exchange with advanced charting tools and technical indicators 
• Supports all tokens on the ERC-20 standard
• Revenue sharing program of up to 60% for UNIDEXAI holders 

17. LootBot (LOOT): Automatically Scan and Claim Crypto Airdrop Tokens       

LootBot is an innovative cryptocurrency project that was launched in July 2023. It has developed a tool that automates the crypto airdrop process. Ordinarily, users are required to search for upcoming airdrops manually. They’ll then need to complete tasks before claiming their tokens, such as sharing and liking posts on social media. 

LootBot not only finds the best airdrops but it completes the required tasks on your behalf. Its premium plan, costing $30 per month, offers unlimited airdrop volumes. It provides you with a personal wallet and full control of its private keys. Those holding at least 1,000 LOOT tokens get a 50% discount. 

Based on current LOOT prices, that’s about $463 worth of tokens. LootBot also offers a freemium plan but this comes with limitations. Nonetheless, LootBot has a modest market capitalization of just under $4 million. Over the prior seven days of trading, LOOT tokens are up over 30%. 

Key Takeaways

• Automates the crypto airdrop process 
• Finds airdrops and completes tasks on your behalf 
• LOOT tokens are up 30% in the prior week  

18. GME (GME): New Meme Coin Based on the GameStop Saga Attracting High Trading Volumes         

GME is a new meme coin project that was launched less than 24 hours ago. It is based on the GameStop saga of 2021, which saw Reddit members take on hedge fund short-sellers. Like most meme coins, GME has no intrinsic value or use cases. It does, however, have a growing community of token holders and has secured several exchange listings. 

This includes Raydium, Orca, Bitrue, XT.com, and LBank. GME also has over 7,000 Twitter followers and 9,000 Telegram members. Built on the Solana blockchain, GME has already attracted over $55 million in trading volume. 

This is impressive, considering most new meme coins struggle to achieve sufficient liquidity levels in the early stages. In terms of pricing, GME tokens are up almost 25% since launching. That said, prices are 30% below their prior peak. According to CoinMarketCap data, GME has a fully diluted market capitalization of $48 million.  

Key Takeaways

• New meme coin with $55 million trading volume in the prior 24 hours
• Based on the GameStop vs Wall Street saga
• GME tokens are up 25% since launching  

19. WagieBot (WAGIEBOT): Buy and Sell Crypto Tokens via the Telegram App Anonymously           

WagieBot is also one of the best new cryptocurrencies to invest in right now. This project enables users to buy and sell crypto tokens directly on the Telegram app. This means traders aren’t required to open an account with an exchange, let alone provide personal information or KYC documents. 

Instead, users simply need to join the WagieBot Telegram group and choose which tokens to swap. WagieBot then provides the user with a unique deposit address. Once the user has transferred the tokens they wish to swap, WagieBot automatically completes the trade. The tokens will then arrive in the user’s wallet. 

In addition, WagieBot has also developed a copy trading tool. This enables users to copy the trades of an experienced crypto trader. Simply provide the traders’ wallet address to mirror all future trades, at your preferred stake size. According to CoinMarketCap data, WagieBot is up just 3.9% since its 2023 launch. 

Key Takeaways

• Trade crypto tokens directly from the Telegram app
• No account, personal information, or KYC documents are needed 
• Also offers copy trading tools 

How We Picked the Best New Crypto Launches to Buy

Having analyzed the 19+ best new cryptos to buy, you might be wondering how we decided on this list.  

Read on to discover five key research methods that will help you choose the right new tokens for your portfolio. 

Solutions for Existing Problems  

The first step is to research the project’s objectives. Put otherwise, does it offer a solution to an existing problem? If so, this could encourage other investors to buy into the project and create consistent demand over time. 

For example, Pepe Unchained has its own blockchain, which is a layer 2 on Ethereum. Most meme coins do not have their own blockchains and are simply tokens leveraging existing blockchain networks.

Similarly, Arbitrum provides ready-made solutions for Ethereum-based projects. This means dApps – such as metaverse or play-to-earn games, are no longer hindered by scalability issues. This is because Ethereum-based projects can bridge to Arbitrum. In doing so, they benefit from scalable, cheap, and fast transactions.      

Long-Term Token Utility 

Investors should explore the token’s utility when researching new cryptos to watch. This refers to the use case of the token you’re buying. If the token provides access to a unique product or service, this can significantly increase demand and long-term value. Additionally, tokens with real-world applications or partnerships with established companies often have a better chance of gaining widespread adoption, making them more attractive to both retail and institutional investors alike. Understanding the practical utility of a token is key to assessing its potential for sustainable growth and profitability.

Broader Market Interest and Community Members  

New cryptocurrency investments are often speculative. This means pricing trends are sometimes based on hype and FOMO rather than anything intrinsic. For example, Shiba Inu became a multi-billion dollar asset within a year of launching. It was simply marketed as a ‘Dogecoin Killer’ at the time.  

Nonetheless, Shiba Inu focused on building its community and creating excitement through its social channels. This encouraged speculative investors to buy into the project for fear of missing out. Today, Shiba Inu remains one of the most popular cryptocurrencies in the market. 

Market Capitalization 

New cryptocurrencies are valued based on their market capitalization. So, if the new project issues 10 million tokens that are priced at $1 each, it has a market capitalization of $10 million. The market capitalization can influence the project’s upside potential.  

For example, consider projects like Bitcoin, Ethereum, and BNB. They’re already worth many billions of dollars. Achieving significant returns of 50x or more will be challenging. Ethereum, for instance, is currently worth over $400 billion. 

At 50x growth, Ethereum would need a market capitalization of almost $14 trillion. This would make Ethereum more valuable than many blue-chip companies like Amazon, Apple, and Microsoft. 

In contrast, consider a new cryptocurrency with a $10 million valuation. At 50x growth, it would still be worth just $500 million. This is a lot more achievable, especially in the short-to-medium term.  

Look for Trending Presale Campaigns  

The best new cryptocurrencies begin life as a presale project. This means it raises funds from early investors before listing on exchanges. As such, presale investors can buy into a new project from the ground up. 

This provides access to the cryptocurrency before the broader market. What’s more, presale investors almost always get preferential pricing. This is similar to investing in a stock during the IPO process. 

The difficulty is knowing which presale to invest in. You can consider some of the factors discussed earlier, such as solutions to existing problems, token use cases, overall hype, and market capitalization. 

It’s also a good sign if the presale is raising significant amounts from early investors. This shows that seasoned cryptocurrency traders believe in the potential of the project.

What Are Cryptocurrencies?

Cryptocurrencies are financial assets that use cryptography to secure transactions instead of using a centralized entity such as a bank. 

The first and best-known cryptocurrency is Bitcoin. Bitcoin pioneered the concept of using cryptocurrencies as a means of exchange for goods and services. Cryptocurrencies tend to have a price in real-world currency (known as fiat) that reflects their value. Some people decide to invest or trade cryptocurrencies like someone would a stock or a commodity. This means the value can go up and down, so people buy and hold cryptocurrencies in the hope that they will be able to sell them for a higher price in the future.

How Does Cryptocurrency Work?

Cryptocurrencies work through decentralization. Instead of using a centralized entity, such as a bank, to manage transactions, distributed networks of computers process them using cryptography and blockchain technology to verify transaction validity. 

To keep a record of transactions, cryptocurrencies use a distributed ledger (DLT) that all the computers contributing to the network can use as a record. New transactions are made via a process called mining, which adds new transactions to a block. These blocks are used to make up the record of transactions on the ledger and are joined together to create a blockchain.

Why Are There So Many Cryptocurrencies?

Although Bitcoin was the first, there have been a great many developments in blockchain technology since its launch. Ethereum, the second-largest cryptocurrency, is more than just a means of exchange; it is a distributed computer that has hundreds of dApps (decentralized applications) running on it. 

Technical advancements and project scopes aside, the huge amounts of money made in speculating on crypto assets are a big reason why there are so many cryptocurrencies. Thanks to the implementation of token standards, such as ERC-20 on Ethereum, it is easier than ever now to create a token with a large circulating supply and hope the market takes hold of it to make a ton of money. 

This means many cryptocurrencies are created in bad faith by people looking to make money rather than help develop the technology further. Due diligence is required when making a purchase of any cryptocurrency, and you should only invest what you can afford to lose.

How Much Does It Cost To Buy Cryptocurrency?

How much a cryptocurrency costs depends on the crypto in question and how much you want to buy. Cryptocurrencies have a value in U.S. dollars and are typically fractionalized. This means if you wanted to buy some TokenX that had a value of $10 and you only wanted to buy $5 worth of it, you could just buy 0.5 of TokenX.

Let’s say Bitcoin was $70,000 — you don’t need $70k to invest and buy some Bitcoin. You could pay $10, $30, $100, or whatever to receive the equivalent fractionalized amount of Bitcoin minus network and exchange fees, which are typically relatively nominal.

Why Invest in New Cryptocurrencies?

Read on to discover why investing in new cryptocurrencies can make sense for your portfolio. 

First-Mover Advantage

Investing in a new cryptocurrency offers a first-mover advantage. This means you’ll be investing in a new project before it is listed on crypto exchanges. You’ll also be investing prior to the project becoming mainstream. 

While there’s no guarantee this will happen, the risks will be built into the investment price. For example, imagine investing in Bitcoin in 2011. Back then, you could have bought Bitcoin for just $1. 

Those investing were entering the unknown, as nobody knew that Bitcoin would eventually become a trillion-dollar asset. The reward? Based on an entry price of $1, Bitcoin has since increased by over 6.7 million percent. 

Invest at a Small Valuation

In general, new cryptocurrencies are launched with a small valuation. There are some exceptions, such as EOS – which raised over $4 billion in its 2017/18 ICO. Similarly, Jupiter – which launched several days ago, already has a market capitalization of over $770 million. 

Nonetheless, most new cryptocurrencies will be listed on exchanges with a valuation of several million dollars. This gives investors the opportunity to target a huge upside.

Crucially, other gamification cryptocurrencies – such as the Sandbox and Axie Infinity, were worth several billion dollars during the prior bull market. This shows that even $200 million is a modest upside target.  

New Cryptocurrencies Can Blow Up After Listing on Exchanges

With the right marketing and community-building skills, new cryptocurrencies can explode after listing on exchanges. In some cases, significant returns can be achieved in weeks, sometimes days. 

For example, we mentioned earlier that Pepe increased by 7,000% after just 17 days of listing on exchanges. This means a $7,000 gain for every $100 invested before the launch.

All that said, some investors will hold onto their new cryptocurrencies for longer periods. In doing so, this can result in even larger gains. 

• For example, suppose you bought BONK tokens when they launched on December 31, 2022. 
• CoinMarketCap data shows you would have paid just $0.0000001487 per BONK token. 
• Just under one year later, BONK hit an all-time high of $0.00003419. 
• This translates to growth of almost 23,000%. 
• That’s $23,000 for every $100 invested in BONK when it first listed on exchanges. 

Investing in new cryptocurrencies as soon as they’re listed on exchanges can be a smart move. However, if the project holds a presale campaign, this will typically result in a lower entry price. This means you can target even bigger gains, as the cost average is less per token.  

Great for Building Diversified Portfolios 

We’ve established that choosing the best new cryptocurrencies to invest in can be a complex undertaking. This makes diversification even more important. Fortunately, most new cryptocurrencies can be purchased cheaply. 

This means you can invest in lots of different projects without risking too much money. For instance, suppose you’ve got $1,000 to invest in new cryptocurrencies. You could invest in 12 different cryptocurrencies at $100 each. 

Bitcoin Minetrix, for example, is offering BTCMTX tokens for just $0.0132 right now. $100 would get you over 7,575 tokens. 

Importantly, considering the potential upside of new cryptocurrencies, you’d only need one of your investments to blow up. Even if the other investments failed to offer any returns, you could still make significant gains.  

No Vesting Periods

Most new cryptocurrencies allow you to invest without any vesting periods. This means your investment tokens won’t be locked for a minimum holding time. 

On the contrary, once the tokens are listed on exchanges, you can sell them when you like. This gives you the option of locking in early gains or holding for the long term. 

That said, just remember that some new cryptocurrencies attract low liquidity levels. If there isn’t enough capital in the market, you might need to sell at an unfavorable price. This is another reason why diversification is so important.  

Earn High Staking APYs

When searching for the best new crypto for 2024 you’ll find that many are built on staking networks. This enables investors to deposit their tokens into a staking pool to earn passive rewards. I found that early-stage investors often get huge APYs when staking.

Not only is this to incentivize investors to buy into the project early, but hold their tokens for extended periods. After all, the more tokens being staked, the fewer circulating tokens that can be sold on exchanges.   

Moreover, the staking process is completely passive. You’ll earn extra tokens irrespective of how the new cryptocurrency is performing. Investors should check the minimum staking period before locking their tokens. That said, some projects enable you to stake and unstake at any time.   

Potential Risks & Things to Consider When Investing in a New Crypto Launch

Even the best new cryptocurrencies to buy are inherently risky. This is no different from investing in a startup stock that’s just been listed on exchanges. 

Consider the following risks before adding a new cryptocurrency project to your portfolio. 

• Early Roadmap Stage: Many new cryptocurrencies are at the very start of their roadmap journey. This means they’re still developing their core product or service. It could take several years before the project is fully developed – if at all. This risk should be reflected in the cryptocurrency’s valuation. 
• Increased Volatility: As explained in a Journal of Risk and Financial Management study, new cryptocurrencies experience high volatility after listing on exchanges. This is often because of a small market capitalization and weak liquidity levels. Investors should be prepared for sharp pricing movements while the cryptocurrency project is establishing itself.     
• Rising Scams: Some new cryptocurrencies are built to scam investors. Squid Token is a solid example. In late 2021, Squid Token claimed to be building a play-to-earn game based on the popular Netflix series. Unbeknown to investors, Squid Token holders could not sell their tokens, as per its underlying smart contract. The scammers behind Squid Token eventually went missing, leaving investors with worthless tokens. 
• Broader Market Conditions: New cryptocurrencies are impacted by broader market conditions. During bearish cycles, investors are less motivated to take on risky assets. This can hinder the new project’s ability to grow.  
• Competition: There are tens of thousands of cryptocurrencies in the market, all competing for investment capital. This makes it even more challenging for new cryptocurrencies to increase in value. Without new buyers, the value of the tokens will struggle to appreciate. 

These are just some of the risks associated with new cryptocurrencies. Ultimately, investors should never risk more than they can afford to lose. The value of your investment could go to zero. 

How to Find New Cryptocurrency Releases for 2024

There are several effective ways to find new cryptocurrencies to invest in. 

This includes:

• CoinMarketCap ‘Recently Added’: Visit the CoinMarketCap website and click on the ‘Recently Added’ button. This shows the 30 most recent cryptocurrencies to be added to the CoinMarketCap database. Most cryptocurrencies listed were launched within the prior 24 hours. 
• DexTools ‘New Live Pairs’: DexTools lists new cryptocurrencies under the ‘New Live Pairs’ section. This shows the latest cryptocurrencies to launch on decentralized exchanges, such as Uniswap and SushiSwap. Use the filters to find suitable cryptocurrencies for your portfolio. 
• Social Media: Use search terms like ‘New Crypto Coins or ‘New Crypto Presale’ on social media platforms. Twitter is a good option, as this is where many new cryptocurrency projects update their investors. 
• YouTube Crypto Analysts: Search YouTube for popular crypto analysts, such as the Moon, Jacob Bury, and Ivan on Tech. These analysts often present new cryptocurrency launches to their subscribers. You’ll often get early insights into the best new crypto projects. That said, never invest in a new cryptocurrency solely because an analyst recommends it. 
• Reddit: Join popular cryptocurrency subreddits like r/CryptocurrencyICO. Not only will you discover new launches but you’ll get feedback from other Reddit users. 
• Presale Listing Websites: You can also browse through presale listing websites. These list upcoming and active cryptocurrency launches, allowing you to invest before the tokens are launched on exchanges. 
• Crypto Exchanges: Another method is to browse popular exchanges for new crypto listings. Some exchanges, such as Binance and KuCoin, have their own launchpads for new cryptocurrencies. These projects are often listed on the respective exchange after the fundraising campaign. 

Conclusion

New cryptocurrencies not only allow you to invest in a project from the ground up, but you’ll benefit from a first-mover advantage. While the risks are inherently high, this should be built into the investment price. 

Overall, we like the look of Pepe Unchained. This new coin capitalizes on the Pepe meme hype, and offers actual utility via its later-2 network and high staking rewards.

Visit Pepe Unchained

FAQs

What are the newest cryptocurrencies?

Some of the newest crypto coins include Pepe Unchained, Crypto All-Stars, Base Dawgz, and PlayDoge. You can find new cryptocurrencies on CoinMarketCap, DexTools, and presale listing websites. 

How do I find new coins before listing?

Presales are the best way to find new coins before they’re listed on exchanges. Similar to ICOs, presales enable you to invest in a new project before it’s launched to the public. 

What new cryptos should I watch?

In addition to large-caps like Bitcoin and Ethereum, it’s worth watching new cryptocurrencies like Pepe Unchained and Crypto All-Stars.

What is the next big crypto in 2024?

Pepe Unchained could be the next meme coin to explode in 2024. 

Which new crypto coin is best for investment?

Pepe Unchained is the best new cryptocurrency for speculative meme coin investors.

Which coin will be launched soon?

New coins are launched all the time. To find the best options, we suggest looking at our guide to see our suggestions for new coins, such as Pepe Unchained or Crypto All-Stars.

How often are new cryptos released?

New cryptos are released very frequently, with many new projects hitting the market every week. In bull markets, there tend to be more projects coming out as developers look to ride the wave, whereas in bear markets, there tend to be less. Some are quick cash grabs, whereas others are sustainable projects that attempt to innovate on the technology.

Should I invest in a new cryptocurrency?

If a project catches your eye, there’s no reason not to invest in it – assuming you’ve done your research. This can be achieved by using existing tokens in your portfolio in exchange for new tokens or by making a direct purchase with your local currency on an exchange. Never make an investment with money you can’t afford to lose.

How often are new cryptocurrencies launched?

New cryptocurrencies are launched all the time.It’s easy to create new crypto tokens using token standards found on Ethereum or Binance Smart Chain. Most launches are not worthwhile, however, so it’s important to do your research before investing.

How does trading cryptocurrencies differ from trading stocks?

Trading cryptocurrencies differs from trading stocks in several ways, such as higher volatility, limitless market hours, less regulation, and self-custody via wallets.

How much is a cryptocurrency worth?

You can see the current value of cryptocurrencies on websites such as CoinGecko. Prices are determined by a variety of factors, such as supply and demand, market sentiment, adoption, and when cryptocurrencies are on trend, and there is an influx of liquidity to push prices higher.

Why is crypto so volatile?

Cryptocurrencies are volatile due to the relatively small market size. This means large holders, nicknammed whales, can easily dump their tokens on the market to dramatically impact price. In addition, projects with poor token distribution can be very easily influenced by whales and can sometimes result in pump-and-dump schemes. There is also the Bitcoin effect. When Bitcoin suffers losses, the rest of the crypto market tends to follow, causing market-wide crashes that can make prices swing widely.

What are the top crypto coins right now?

Some of the top cryptocurrencies by market capitalization are Bitcoin, Ethereum, Tether, Binance Coin, and XRP. These coins have consistently been in the top 10 by market capitalization for a number of years, but anything could happen, and given the crypto market’s volatility, this could change practically overnight.

References 

• Cryptoverse: Every frog has its day as pepe pops 7,000% (reuters.com)
• An in-depth timeline of the GameStop short squeeze saga (thestreet.com)
• Investors call scam after collapse of new cryptocurrency Squid (nbcnews.com)
• An Empirical Study of Volatility in Cryptocurrency Market Gupta H, Chaudhary R. (mdpi.com)