The last year has seen a rise in new crypto coins, each competing for a position alongside giants such as Bitcoin and Ethereum. Although there is no way to guarantee with certainty which new cryptocurrency will explode next, we’ve compiled a list of the top contenders dominating the market right now.
Keep on reading to find out what these new crypto projects are, how you can invest in them, and most importantly what their price potential is.
A Closer Look at 19 New Crypto Coins of 2024
Since cryptocurrencies can be highly volatile and speculative investments, it is important to remember that individuals should approach these assets with caution and conduct thorough research.
In an effort to provide a clearer understanding, we have reviewed each of the new crypto coins mentioned on our list.
1. Bitcoin ETF Token – Brand New Crypto Presale With BTC ETF Correlation, High APY, and Aggressive Token Burning
Bitcoin ETF Token ($BTCETF) is a new token that launched on November 6, 2023. It anticipates approval of Bitcoin ETFs and is positioning itself in a way that the token should appreciate if it occurs – investors are confident with over $2 million already raised in the presale in just three weeks and a staking APY of 120%.
Bitcoin ETF approval by the SEC could blow the doors wide open in terms of overall crypto trade volume as well as potentially push up the price of BTC and altcoins significantly.
The roadmap outlined in the Bitcoin ETF Token Whitepaper mentions five major milestones. The first is trade volume for the native token above $100 million. When this happens 5% of the total supply will be burned and the transaction tax will be reduced from 5% to 4%. Bitcoin ETF Token intends to burn a huge 25% of the total supply, making it a highly deflationary ecosystem.
The second milestone relates to Bitcoin ETF approval, which it states will improve the standing of Bitcoin ETF Token considerably. Again 5% of the supply will be burned and the burn tax will be reduced from 4% to 3%. The third milestone relates to when the first Bitcoin ETF goes live for trading. At this time, 5% of the overall supply will be burned and the burn tax will be reduced from 3% to 2%. The fourth milestone relates to the total AUM of Bitcoin ETFs reaching $1 billion and the fifth concerns a $100K BTC price, where the tax will be reduced to 0%.
Clearly, this new ERC-20 presale is based primarily on Bitcoin ETF approval, which could happen in late 2023 or early 2024. Should this happen (an event that is not guaranteed), it could experience 10x price appreciation. It is differentiated from many other campaigns as it is deeply tied in with real-world regulatory events as opposed to idle speculation.
There are a total of 2.1 billion tokens with 40% (840 million) going to the presale, 25% (525 million) to staking, 25% (525 million) towards a burn address, and 10% (210 million) to liquidity.
Token burning removes the tokens from circulation and helps to increase the price of all remaining tokens. 25% is a large burn allocation. Additional information on this presale can be obtained from the Bitcoin ETF Token Whitepaper as well as the social accounts (Twitter and Telegram).
- Hard cap – $4.956 Million
- Total Tokens – 2.1 Billion
- Tokens available in presale – 840 Million
- Blockchain – Ethereum Network
- Token type – ERC-20
- Minimum Purchase – NA
- Purchase with – USDT, ETH, BNB, MATIC, Card
2. Bitcoin Minetrix – Earn Staggering Staking APYs and Collect Bitcoin Mining Power with This New Crypto Presale
Not only is Bitcoin Minetrix ($BTCMTX) offering high staking returns, this new cryptocurrency release tries to make Bitcoin mining easier. They use tokens to simplify the process and have seen massive interest in their presale, raising over $4.5 million in only two months.
On their platform, users can buy $BTCMTX tokens and stake them to earn cloud mining credits providing a source of passive income. Currently, you can earn a high Annual Percentage (APY) of over 130% by staking $BTCMTX.
By staking $BTCMTX on their Ethereum-powered smart contract, you can earn cloud mining credits, which can be used to mine Bitcoin. This approach grants allocated mining times and a share of mining revenues, eliminating the complexities of independent mining or the risks of third-party scams.
As Bitcoin Minetrix uses decentralized tokens, your assets are secure, even if you’re new to the crypto world. Their $BTCMTX token is now in the presale phase, with 3.1 billion tokens allocated, representing 77.5% of the overall 4 billion supply.
- Hard cap – $15 million
- Total Tokens – 4 Billion
- Tokens available in presale – 3.1 Billion
- Blockchain – Ethereum Network
- Token type – ERC-20
- Minimum Purchase – $10
- Purchase with – USDT, ETH, BNB
3. Meme Kombat (MK) – Meme Coin Project Offering Staking Rewards and Unique Wagering in the Battle Arena
Meme Kombat ($MK) is another exciting new cryptocurrency with unparalleled utility for a meme token. Unlike many meme tokens, it focuses on utility and transparency, setting itself apart. The project has already raised over $2.1m in its presale, indicating strong interest.
There are also huge staking rewards on offer, with the current APY sitting at 400% at the time of writing.
Operating on the Ethereum blockchain, $MK holders can stake their tokens, earning an impressive 112% APY. What makes Meme Kombat unique is its Battle Arena, where users can engage in player-vs-player and player-vs-game battles, placing bets on the outcomes of battles between characters representing different meme coins. The blockchain ensures fairness and transparency throughout the gaming experience, including side bets.
The developers are publicly known and maintain a seasonal approach to the game, continually introducing new characters and game modes. This approach keeps the platforms engaging for players.
Another distinguishing feature is the limited supply of 120 million tokens, with 60 million available during the presale at a price of $0.205, resulting in a hard cap of 10 million. The allocation of funds includes 50% for the presale, 30% for staking and battle rewards, 10% for DEX liquidity and 10% for community rewards, with no team allocation.
- Hard Cap – $10 million
- Total Tokens – 120 million
- Tokens available in presale – 60 million
- Blockchain – Ethereum Network
- Token type – ERC – 20
- Minimum Purchase – $10
- Purchase with – USDT, ETH, BNB
4. TG.Casino (TGC) – New Telegram-Powered Casino with Staking and Buyback
TG.Casino ($TGC) is a new crypto casino that has already seen huge whale interest in its presale – with more than $3.1 million raised so far. The interest has come from the incredible staking rewards, buyback, burn, and bonuses.
The casino utilizes the power of Telegram and offers secure, anonymous sign-up and crypto transfers. On top of that, it also offers 24/7 support, instant feedback and a community of players.
TG.Casino will offer thousands of games and a sportsbook and will allow new players a 200% welcome bonus up to 10 ETH, while those who play with $TGC can earn 25% weekly cashback on losses.
But its main draw during the presale stage has been the incredible staking rewards and buyback scheme that allows token holders to earn as the casino profits. At the time of writing, the staking pool is offering an APY over 185%.
A portion of the casino profits will regularly be used to buy back TCG tokens, with 60% of that going to those who stake tokens as a profit-sharing scheme. The remaining 40% of the allocation will be burned, making the project have a deflationary supply.
TG.Casino has a supply of just 100 million tokens, with 40 million of those allocated to the presale, 20m to the liquidity pool and 20m for staking. The final 20% is split between the players rewards pool (10%) and 5% each for affiliates and a marketing campaign.
- Hard cap – $5 million
- Total Tokens – 100 million
- Tokens available in presale – 40 million
- Blockchain – Ethereum Network
- Token Type – ERC-20
- Minimum Purchase – $10
- Purchase with – USDT, ETH, BNB
5. Wall Street Memes (WSM) – New Meme Coin Created by a Popular Online Brand With Over 1m Followers and Proven Track Record in Crypto
The creators of the popular NFT project, Wall Street Bulls, have just launched a new meme coin, Wall Street Memes. It has an impressive total volume of 1,861 ETH, showing the strength of its community.
Their token presale was one of the best ever, raising more than $25 million before the token pumped by 275% after it launched on exchanges. The meme coin’s early success is because the brand behind it has over 1 million followers across all social media channels – their Twitter account has even received a retweet from Elon Musk.
With such a prominent online community there is lots of room for $WSM to grow, with the market cap currently at around $50 million.
The project also offers staking and has a current estimated APY of 40%, with more than 400 million tokens locked in the pool – although that is expected to come down when more tokens are locked into the pool.
The meme coin is geared towards hype and community, with the website stating that the project was born out of the Wall Street Bets movement in 2021.
The casino, on the other hand, will offer anonymous and secure play via Telegram, while new players can earn a welcome bonus of 200% up to $25k, plus 200 free spins if they deposit $WSM.
Check out their Telegram to stay updated with the latest news and announcements regarding the project.
6. eTukTuk (TUK) – Blockchain-Powered, Eco-Friendly Transport for the Masses
As a new automotive project on the Binance Smart Chain, eTukTuk offers an innovative solution for transportation problems, particularly in developing nations like Sri Lanka.
eTukTuk introduces electric vehicles (EVs) and a network of charging stations to help to help drivers transition from internal combustion engines.
In partnership with The Capital Maharaja Group, it aims to make green transport more accessible and affordable. The platform’s native token, $TUK, is a new crypto currently in the whitelisting stage.
One of the most remarkable features of eTukTuk is its business model, which prioritizes local manufacturing. This approach reduces costs, making EVs a practical alternative for ordinary TukTuk drivers. Not only do these EVs emit zero emissions, but they also require less operational expenditure and maintenance, allowing drivers to earn up to 400% more.
The use of blockchain by eTukTuk is a game-changer. It allows for low-cost transactions, providing people with digital identities and access to financial opportunities previously out of their reach. eTukTuk, therefore, is not just contributing to a cleaner environment but is also helping to close the economic gap.
A unique aspect of eTukTuk is its concept of Territory Partners. This model allows stakeholders to contribute to the network’s growth, earning rewards for powering the future of transportation.
The presale has just launched with more than $275k raised already, with staking APYs as high as 750%. Join the eTukTuk Telegram channel to be the first to receive the latest updates from the platform.
7. Green Bitcoin – Earn Cryptocurrency for Your Bitcoin Price Predictions
Green Bitcoin is a new cryptocurrency built on top of the proof-of-stake Ethereum network, bringing gamified price predictions to its community through a novel staking platform. Here, users stake their $GBTC tokens on their Bitcoin price prediction for the next day, and earn rewards for how close they are to the actual Bitcoin price throughout the day.
A day is divided into 10 minute mining intervals, and stakers earn rewards for each mining interval where their prediction is in a “green zone” around the actual Bitcoin price.
Those who participate in the ongoing presale can begin staking their tokens immediately to earn a portion of rewards set aside for early adopters, with 100% APY. Once the presale has finished, with a final token price of $0.455, and launched on exchanges, at a price of $0.60, the daily Bitcoin price predictions will be launched.
Once this is live, new and more elaborate price prediction staking-markets will be launched, increasing the scope of the project and the opportunities and fun for community members.
Those who choose to stake their tokens for longer periods can earn a bonus on top of their rewards:
- Stake for 1 Week+: 5% Rewards Bonus
- Stake for 1 Month+: 10% Rewards Bonus
- Stake for 6 Months+: 15% Rewards Bonus
A total of 21 million Green Bitcoins will only ever be in existence, and 40% of those, 8.4 million, have been set aside for the presale. Prices start at just $0.333 per $GBTC, far short of the exchange launch price of $0.6 at the end of presale.
|Total Supply||21 million|
|Presale Allocation||8,400,000 GBTC (40%)|
|Payment Methods||ETH, USDT, Debit/Credit Card|
|Presale Starting Price||$0.333|
|Exchange Listing Price||$0.6|
8. Scorpion Casino (SCORP) – The Newest Social Casino with Passive Income
The native token behind Scorpion Casino, SCORP, is one of the best new cryptos to buy, as it allows users to earn up to $10,000 in daily passive staking income.
Scorpion Casino is breaking down barriers of entry to the casino industry, removing the high startup capital costs and frustrating licensing acquisition associated with opening a casino. Instead, investors simply need to buy the SCORP token to get a piece of the revenues earned on the platform.
The casino is fully equipped with all of the popular gambling games, such as blackjack, poker, slots, and roulette. The platform is licensed and provable fair through the Curacao eGaming licensing entity.
The SCORP token is the native behind the platform and is the exclusive payment method for the entire ecosystem. Furthermore, it’s the default currency for betting across the casino, sports, and esports. However, the platform does also accept major cryptos like BTC, LTC, BNB, and ETH.
Users that hold the SCORP can earn passive income, since after each transaction 2% is redistributed to all SCORP holders. Furthermore, the token is deflationary as there is a 1% burn tax after transaction.
The casino is currently hosting a presale with rewards for users investing $1,000 or more. These users will then be enrolled into the Scorpion Members Club that comes with VIP services, cashback, staking rewards and additional tokens.
Furthermore, users that purchase using the bonus code Scorpion20 are entitled to get an extra 20% on their investment for a limited time. Over $2m has been raised in the presale.
- Presale Started – May 2023
- Purchase methods – ETH, USDT, BNB
- Chain – Binance Chain
- Token Type – BEP-29
- Listing Price – $0.05
9. Launchpad XYZ (LPX) – Advanced Web3 Analytics Platform with Alpha Telegram Group
Launchpad XYZ is a new cryptocurrency aiming to transform the Web3 investment landscape, making it more accessible for beginners and experienced traders. With a focus on utility tokens, NFTs, play-to-earn games, and ICOs, Launchpad XYZ offers a comprehensive ecosystem to simplify the world of Web3 investments.
Buyers can grab the $LPX tokens for a discounted price of $0.0445 during the presale, which has raised more than $2 million, with a bonus on offer.
Launchpad XYZ is also offering NFT access passes to its highly successful alpha Telegram group, which provides signals and other insights.
In the past month, the group has offered multiple 1,000%-plus signals, including a buy LINQ signal that netted 7,000% gains – the NFT access passes cost between $50 and $25,000.
At its core, Launchpad XYZ provides a wide range of information, data points, insights and tools to help experienced Web3 users maximize their profit-making potential and also help Web2 users onboard into the space.
It will provide a gateway to the whole of Web3 and a one-stop shop for a range of products and information.
Native to the Launchpad XYZ ecosystem is the utility and investment token LPX. LPX can be staked for early access to new features or used to pay transaction fees on investments in fractional assets.
To stay informed on the latest developments, potential buyers can become members of the Launchpad XYZ Telegram community.
- Hard cap – $12,500,000
- Total Tokens – 1 billion
- Tokens available in presale – 250 million
- Blockchain – Ethereum Network
- Token Type – ERC-20
- Minimum Purchase – 100 tokens
- Purchase with – USDT, ETH, BNB, Card
10. yPredict (YPRED) – New Cryptocurrency Trading & Analytics Platform
yPredict provides traders with increased insight and understanding into the cryptocurrency markets through AI powered research. To get started with this platform, users need to purchase $YPRED, the native cryptocurrency.
With $YPRED tokens, users can purchase monthly subscriptions to gain access to model-based subscriptions. Top AI developers and experienced traders in the ecosystem have generated these models with AI tools such as NLP (Natural Language Processing), allowing the platform to conduct sentiment and technical analyses and apply various trading charts.
With this new cryptocurrency token, one can earn passive income in multiple ways. Firstly, existing token holders receive 10% of all revenue generated from new platform subscriptions. Furthermore, 15% of all the swap fees collected is also distributed to a staking pool.
They also have a Learn2Earn ecosystem where members can access educational resources on this platform to gain more knowledge about the crypto space. After successfully taking quizzes and tests, you can earn $YPRED tokens.
Traders can also make directional bets to determine the future of the digital assets space via the play-to-earn feature. The best performers are rewarded with further tokens as rewards. While the token has raced to the fourth stage of its presale, one can buy $YPRED for $0.11 per token.
The presale has allocated 80 million tokens. Since the presale went live, yPredict has raised over $5 million. Read the yPredict whitepaper to learn more about this platform, and join the Telegram channel to stay informed about all the new updates.
- Presale Started – Q1 2023
- Purchase methods – MATIC, ETH, BNB, USDT, Card
- Chain – Polygon
- Min Purchase – 200 YPRED
- Max Purchase – N/A
11. ScapesMania – New DAO-Based Multi-Game Ecosystem with a 25% Purchase Bonus, Raised Over $224k In Presale
ScapesMania is an innovative gaming ecosystem aiming to serve two audiences: casual gamers and blockchain enthusiasts.
What sets it apart is its two-tier approach. While Web3 enthusiasts can engage in DAO governance and benefit from token-related features like buyback and burns, Web2 casual gamers can enjoy an engaging gaming experience without looking into the crypto aspects.
The native token of the project, $MANIA, is in its presale stage and is available for only $0.00254 USDT. This price will increase to $0.01 USDT at the time of listing. Early buyers can capitalize on this price difference and grab a 25% purchase bonus.
The multi-game system lets you create your own land, decorate homes, and participate in mini-games and events. This engagement is designed to increase user interaction, as opposed to the decreasing user bases commonly found in traditional play-to-earn models.
ScapesMania has an established in-game economy featuring direct and indirect purchases, season passes, and regular revenue-generating events, making it economically sustainable.
Security is also a priority for the project, evident with its fully audited smart contract. Also, transparency is assured by the project’s award-winning team, who have secured a tier 1 BNB grant.
The token offers multiple utilities, from governance to in-game assets, and plans are underway to list it on major exchanges, thereby increasing its liquidity and visibility.
For the latest updates, users can join the ScapesMania Telegram announcement channel.
12. Cogwise – AI-Driven Cryptocurrency Provides Support in Blockchain-Based Tasks
Cogwise (COGW) is a new cryptocurrency project that uses artificial intelligence tools such as Natural Language Processing (NLP) to communicate with humans and offer multiple trading insights. The $COGW token is currently available to buy on presale for $0.03 but will soon increase in price.
$COGW can be a valuable new investment since it gives token holders access to multiple features on Cogwise’s premium AI model. This includes access to an AI trading assistant that can efficiently answer any questions and also assist in smart contract generation, technical analysis, and wallet tracking.
Cogwise can also be a valuable choice for developers since it supports smart contract audits and on-chain analysis. The $COGW token can be staked to earn passive income or deposited into liquidity pools. The deposited tokens are used to provide liquidity to other DEXs, resulting in rewards for token holders.
Cogwise will also run an elaborate reward system – offering free tokens to users for spending time and using the AI models. The platform will also release a leaderboard to track the rewards offered. As you move through different leaderboard tiers, you can earn higher rewards and a larger amount of $COGW tokens.
While $COGW is priced at $0.03 during the presale, it will be listed on exchanges at $0.065 per token. 40% of Cogwise’s 1 billion token supply is available for presale, which has already raised over $1.3 million.
- Hard Cap – $15.35 million
- Total Tokens – 1 Billion
- Tokens available in presale – 400 million
- Blockchain – Ethereum Network
- Token type – ERC-20
- Minimum Purchase – None
- Purchase with – USDT, ETH
13. Sensei Inu (SINU) – Hot New Rewarding Trivia-based Crypto with Proof-of-Value Mechanism, Raised Over $270K In A Few Days
Sensei Inu ($SINU) is a hot new crypto that offers an innovative “Proof-of-Value” approach to crypto rewards. Unlike traditional Proof-of-Stake models, where large holders accumulate more wealth passively, Sensei Inu levels the playing field.
Here, rewards are based on your intellectual prowess and skill, making it a fairer system that favors knowledge over massive capital.
The platform offers crypto-themed trivia games with 10 increasingly difficult, time-sensitive questions. At the end of each round, the top 10 performers are rewarded with $SINU tokens. Every participant gets a share, but the top spot has higher stakes. In case of a tie, an extra round determines the winner. The presale has already raised over $530,000, highlighting strong initial interest.
The Sensei Dashboard allows users to track real-time progress, including past performances and quiz scores. It provides visual elements of achievements and enables you to set specific goals. Whether on desktop or mobile, the dashboard is accessible and easy to use.
Sensei Inu has a total supply of 5 billion $SINU tokens, with 50% allocated for its presale. The current presale price is $0.0007 per token, which will rise to $0.0008 in the next round. Of the remaining supply, 20% is reserved for liquidity, another 20% for a monthly burn event to counter inflation, and 10% for CEX listing. The massive 20% burn could lead to price appreciation over time.
The platform charges a 3% selling tax to reduce volatility and excessive selling. It also features a referral system for extra rewards. An airdrop campaign offers presale investors a chance to win up to 50 million additional tokens.
A Decentralized Autonomous Organization (DAO) is also in the pipeline, allowing token holders to vote on platform decisions and growth plans.
Users can join the Sensei Telegram community for the latest updates.
- Presale Started – Q2 2023
- Purchase Methods – EHT, USDT, BNB, Credit Card
- Chain – Ethereum
- Min Purchase – None
- Max Purchase – None
14. Doge Uprising ($DUP) – New Rebellion-Themed Meme Crypto With Celebrity Appeal, Priced At Just $0.000013
Doge Uprising ($DUP) is a futuristic meme crypto that takes place in the future.
It’s set in 2045 where Mark Zuckerberg “The Lizard Boy” has installed a global surveillance regime. The only way to stop this is with the help of the Doge Mechas army, who are powered by $DUP, while the manga NFTs are piloted by investors.
This is more than just an NFT – it’s a declaration of independence from a new world order that citizens do not want. The Doge Mechas are to be minted from Ethereum, and the more that are minted, the better the chance of winning the war.
The current price for the token is $0.000013, but this will rise to $0.000026. That’s a 100% difference between early and later investment. The project has further scored quite well in its smart contract audit.
The Akira.Eth Doge Mecha is available on Twitter for questions regarding the resistance. Wallet Connect and MetaMask are listed as acceptable Web3 wallets while ETH, USDT, or BNB can be used to facilitate the transaction.
This campaign has a large number of appealing factors. It can offer a minimum 100% return before the price rises in the next stage, has a 10% referral program, great storytelling capacity, and a celebrity focus.
However, the Doge Uprising Whitepaper should be read prior to any involvement. It also mentions the high levels of volatility in meme-based presales, and that due diligence is required.
- Presale Started – October 2023
- Purchase methods – ETH, BNB, USDT
- Chain – Ethereum
- Min Purchase – N/A
- Max Purchase – N/A
15. Livepeer (LPT) – New Cryptocurrency for Established Enterprises
Livepeer is another of the top new cryptos to watch – and could become one of the most popular new crypto listings of 2024. Livepeer is an Ethereum-based protocol that distributes video transcoding work throughout its decentralized network.
Essentially, Livepeer aims to make on-demand video streaming more reliable and cost-effective for startups and established businesses. According to Livepeer’s team, the protocol can reduce costs by up to 50x, as compared to ‘traditional’ video streaming systems.
At the heart of the Livepeer protocol is Livepeer Token (LPT). LPT is staked by the network’s ‘Orchestrators’, who are the ones that designate their computing power for video transcoding. With LPT now boasting a market cap of over $174m, it could become one of the most talked about new cryptos listed today.
16. Casper (CSPR) – One of the Newest Cryptos in the Blockchain Niche
Another potential new cryptocurrency release in 2023 on Binance to be aware of is Casper. Casper has all the makings of one of the best Web3 coins, since this Proof-of-Stake (PoS) blockchain is targeted specifically at blockchain-focused enterprises.
The Casper network uses the CBC-Casper consensus protocol, which will allow both private and public businesses to easily create blockchain-enabled products. However, Casper’s team has a clear focus on scalability and security, which makes it appealing to large enterprises.
CSPR is the network’s native token, used to power the network and reward validators. Billions of tokens are now being staked by these validators, highlighting the growing popularity of the Casper project.
17. eCash (XEC) – Emerging Cryptocurrency Looking to Rival Bitcoin
eCash is a digital currency that is designed to be used as ‘electronic cash’. This new cryptocurrency is technically a rebrand of the Bitcoin Cash ABC fork, meaning it follows a similar structure to BTC – including integrating a built-in ‘halving’ schedule.
However, eCash uses a PoS consensus protocol, rather than Bitcoin’s PoW protocol, which immediately makes it more eco-friendly. The overarching goal of eCash’s team is to make the currency internationally popular, enabling it to be used worldwide when purchasing goods and services.
eCash also incorporates a decentralized governance protocol, which means the network’s users can stake XEC tokens and make proposals. This essentially means that the community is in charge – setting it apart from many similar projects.
18. Theta Network (THETA) – Top New Cryptocurrency Today Featuring Compelling Use Case
Those who invest in cryptocurrency regularly may have heard of Theta Network, which has burst onto the scene over the past year. Theta is considered one of the best new crypto coins because it aims to revolutionize how video streaming works.
This is accomplished by making the process decentralized rather than centralized (as is the case with YouTube).
Content creators will get paid for sharing videos in TFUEL – one of the Theta network’s native tokens. The network uses the THETA token for governance, although it can also be used for staking, which exchanges it into TFUEL. Finally, Theta has already garnered investment from leading companies like Sony and Samsung, highlighting why it is the newest crypto coin on our list.
See our complete guide to buying Theta.
19. Aleph Zero – An L1 Public Blockchain With Private Smart Contracts For Large Scale Applications
Aleph Zero (AZERO) is a PoS blockchain with supporting Directed Acyclic Graph (DAG) technology, which bears similarities to IOTA’s Tangle. A DAG architecture offers vastly increased scalability and speed.
Aleph Zero combines Proof of Stake and the DAG. The project calls its peer-reviewed novel hybrid consensus protocol “AlephBFT”. DAG architectures also scale far more efficiently than typical blockchains, without such a need for added layers or side chains.
In terms of security, Aleph Zero can safely handle up to 33% of malicious actors. There is no single node in control and it does not rely on any timing assumptions. It uses private smart contracts based on Web Assembly (WASM) instead of Ethereum. Aleph Zero leverages a decentralized file storage system supported by InterPlanetary File System (IPFS).
The average fee is $0.0003. Aleph Zero’s protocol (Aleph BFT) processed 89,600 transactions per second in a lab test. It achieved a validation time of 416 milliseconds.
The ability to use private smart contracts facilitated by ZK Snarks makes it safe for enterprises and does not hinder transaction speeds in any way. Governments and enterprises can use Aleph Zero to build decentralized databases, automate payments via dApps, manage the supply chain, sign and upload public-private documents, and much more.
AZERO is currently trading at $0.88. Aleph Zero is an inflationary ecosystem and the currency can also be used for token governance, validator staking, and network discounts.
Why Invest in New Cryptocurrency?
High Returns Potential
The main reason traders invest in new cryptocurrencies is because they can offer significant price increases over short time periods, and therefore can provide more profit opportunities than established crypto coins. Taking some recent examples, Milady Meme Coin displayed 5,000% growth while the Turbo coin price rose by 2,000% in the last couple of months.
One of the most famous recent examples is Pepe, which generated investors huge returns after seeing huge rises across April and May 2023, including a 21,000% pump. One trader even made $14.5m by investing early on Pepe. Although it’s now trading at a considerably lower price than its all time high, meaning there’s just as much chance as losing money as there is of gaining it.
Although investing in recently-released cryptos can be risky, it often allows savvy traders to obtain returns they wouldn’t usually be able to with established coins, as low-value coins can rapidly shoot up in price. Just make sure you’re aware of the risks of trading new cryptos with little or no price history to base your analysis on.
Take Part in a Growing Community
Many of the best cryptos to buy on Reddit have a large following, meaning investors can become part of a growing community. An added benefit of being part of these communities is that it provides a platform for friendships to be formed and other investment opportunities to be highlighted. YouTube, Reddit, Twitter, and Discord are all good sites for keeping up to date with new cryptos and discussing the potential of projects with fellow traders.
Taking part in an active new community will also ensure that you will be the first to hear about airdrops, tournaments, and giveaways, provided you keep in touch and are up to date. You have an open platform for discussion with others and might benefit from tips about similar projects or events related to the project in questions.
Innovative Use Cases Can Lead to Long Term Value
Many new meme coins offer little utility, and even though they may see sharp prices rises, they typically tank and struggle to maintain long term value. Looking for new crypto projects with genuine real world use cases can help you find projects that have more sustainable futures as long term investments.
AiDoge and Love Hate Inu have both taken this approach – AiDoge through AI-generated memes and Love Hate Inu through its vote-to-earn mechanics – which has allowed these tokens to generated huge momentum through their ICOs. Adding new use cases also helps draw more investment to a project – leading to further price appreciation.
Another example is Sui, a token that saw a rapid rise since launching in early May 2023. The Sui project provides various real world utilities, including almost instant p2p payments and asset transfers and sm
How We Ranked the Best New Cryptocurrencies
With so many new coins launching each day, it’s important to carefully consider certain factors to help you find high potential projects. We looked at a range of different aspects when curating our list of the top new cryptos, including their use case and utility, long term potential, leading exchange listings, and the strength of their communities.
High-Profile Exchange Listings
A key aspect we considered when ranking the top new crypto coins is exchange listings. When a new project garners enough attention, it tends to be picked up by leading centralized exchanges (CEXs).
This is a significant coup for these projects, as CEX listings significantly increase accessibility and liquidity. A common trend is that when one CEX picks up a new coin for listing, others follow suit. This has the positive side effect of creating more publicity for the coin – thereby drawing more investors in.
Bear in mind, though, there are many exchanges out there, and it’s the bigger exchanges that provide the most backing to projects.
The likes of Binance are particularly rigorous when it comes to listing new cryptos, so if a coin makes it on, it can be a good indicator of long term potential. Listings on leading CEXs like Coinbase and Binance also commonly lead to an increase in a token’s price.
Use Cases & Utility
Another important thing we look out for when ranking the best new crypto to buy is valuable use cases. When researching what to invest in right now, it’s important to identify assets that stand out from the crowd – perhaps due to having a unique selling point (USP). Thus, by identifying new cryptos with innovative use cases, we could easily see which projects were likely to be in demand upon release.
Furthermore, we also sought out cryptos with real-world utility. The best crypto to buy now like Bitcoin, Ethereum, and XRP are all use cases that can be applied to the real world, which helps provide them with long term value, unlike less useful meme coins like Dogecoin, which is more volatile. So, make sure you consider utility when researching new cryptos.
One of the best ways to learn about a new cryptocurrencies utility is by reading its whitepaper. Whitepapers include information on project purposes, tokenomics, and roadmaps, among other things, so they’re key to any investment decision when it comes to new cryptos.
Social Media Hype
Finally, ranking the best new cryptocurrencies for 2023 also involves being alert to the trending coins on social media. A large portion of the crypto investment community comprises retail traders – many of whom get their information from Reddit, YouTube, and Twitter.
Thus, by following the best Twitter crypto accounts and joining the top crypto subreddits, we could quickly identify which projects were attracting the most attention from retail traders. We could then cross-check this with other factors to ensure that these new crypto projects had positive value potential.
Bear in mind that while social media hype can lead to a cryptocurrency’s value increasing as traders pile in, it’s not necessarily an indicator of a good long term investment. Many new tokens receive significant hype and see sharp price rises before crashing, which is why it’s important to define your risk tolerance and diversify your assets accordingly.
How Often Are New Cryptocurrencies Released?
More cryptocurrencies are now released daily than ever before, and the sheer volume is difficult to keep up with while also making it more difficult to separate high potential investments from low potential shitcoins you want to avoid. According to Statista, there were over 8,600 cryptocurrencies active on the market as of February 2023, with over 22,000 launching in total since Bitcoin’s launch in 2009.
Although the ongoing ‘crypto winter’ has undoubtedly affected the overall market’s value, it hasn’t stopped developers from around the globe from launching new and exciting enterprises.
As noted by CoinMarketCap, new crypto projects are being released every day – with many coins typically going live each day. Most new cryptos are hosted on either Ethereum or the BNB Chain, although many developers are now opting to create their own networks to host their creations.
When looking at new cryptocurrency lists, you’ll notice that many of them are meme coins or shitcoins. These projects are often based on popular culture characters like Pepe or Doge, have little to no utility in most cases, and see extremely volatile price movements – so you must take care when considering trading these coins.
This is undoubtedly a positive thing, but it does mean that investors must conduct proper due diligence to ensure they avoid low-quality projects.
How to Find the Newest Cryptocurrencies
Finding new cryptocurrency releases for 2023 can be time-consuming, especially for newcomers to the crypto market. Plus, with so many different coins launching all the time, picking the right projects can be tough.
Let’s now take a closer look at the best methods for keeping up to date with new coin launches.
Join a Crypto Discord Group
Another way to find new crypto releases is to join a crypto-focused Discord group. The best crypto Discord groups can be highly beneficial to investors, as they bring together hundreds (if not thousands) of like-minded people – creating a productive environment where members can share ideas and highlight new projects.
Crypto Discord groups are often populated by in-the-know traders and influencers, so they can be a good way to find out about new cryptocurrencies before others do.
Stay Up-to-Date with the Latest News
Crypto news sites are a great way to keep tabs on recently-released projects – especially those attracting a great deal of attention. However, it’s best to use reputable news sites, as these offer unbiased reporting.
Although, bear in mind that new sites will typically pick up new crypto stories after they’ve been launched, with social media typically the quickest way to find out about the latest crypto launches.
Dextools is one of the most comprehensive platforms for keeping up to date with the crypto market news and is particularly useful for finding new cryptocurrencies. On Dextools, you can check out live new pairs (which is updated every few minutes and includes key stats like initial liquidity, total liquidity, and pool variation), trending pairs, the top gainers and losers for each day, and even which token’s have most recently updated their socials.
Look for ICOs & Presales
Initial Coin Offerings (ICOs) and crypto presales are a popular way for crypto developers to raise funds for a new project. These involve selling tokens at a reduced price, aiming to increase capital reserves and boost awareness.
Although many ICOs end up amounting to nothing, there are always a few ‘diamonds in the rough’ which can provide exceptional returns.
Browse Social Media Sites
Many of the newest crypto coins are regularly discussed on social media sites – with Reddit and Twitter being two of the most prominent. For example, the subreddits /r/CryptoCurrency and /r/CryptoMoonShots are both worth joining if you’re looking for new coin releases.
In addition, many of the best crypto YouTube channels often analyze new crypto projects, which tends to draw the attention of investors.
Risks of New Cryptocurrencies
New crypto projects can provide opportunities for significant short term gains, but many also see sudden price crashes, so it’s important to be aware of the risks and to avoid scams and rug pulls.
New crypto coins are highly sought after as they generally offer greater opportunity for short term gains than more established cryptocurrencies. However, that also means they come with more risk.
For starters, new cryptos have little to no price history that you can use to perform technical analysis. Many see sharp price ranges before crashing in price, so if you don’t sell at the right time, you could end up worse off.
It’s particularly important to be careful when investing in new meme coins, as these are particularly prone to volatility and while they can offer the biggest growth, they can also crash and burn very quickly.
It’s also important to remember that alongside the many legit new projects, there’s also an increased risk of scams among new cryptocurrencies. This is why it’s important to thoroughly read whitepapers and look for new crypto projects that are verified by companies like Coinsniper to help avoid rug pulls.
New cryptos & liquidity
Bear in mind that many new cryptocurrencies have low liquidity to start with, particularly just after they launch. Low liquidity can mean that buying and selling tokens, particularly in large amounts, can have a significant impact on price, so there is increased volatility.
New Coin Launches – Hype vs Potential
Crypto speculators and traders are always looking to purchase high-potential new projects, as they tend to offer huge room for potential and a lower asking price while they make their name in the space.
The high level of early investor interest demonstrates how brand-new coin releases and their presale, private sale or ICO periods can be profitable due to hype and limited downside.
New coins are in the early stage of their Gartner hype cycle, with the most inflated expectations (whether justified or not) and have the most potential upside.
Even though the chart above initially was applied to new technologies and tech stocks, new cryptos launched on the market tend to follow a similar trajectory – the Gartner hype cycle resembles many altcoin charts, especially the initial ‘mania’ and ‘FOMO’ cycle followed by a correction.
New crypto projects that deliver on their use case – reaching a high valuation based on their utility, then recover from that correction and can reach the ‘plateau of productivity’ stage – which in cryptocurrency could be analogous to a retest of the prior all time high or breaking out into price discovery to set new highs, before a retest of the ATH as support.
New Crypto Listings & How They Affect Price
New cryptocurrency exchange listings can also cause a ‘pump’ in a crypto coin’s valuation even if only in the short term. The extra liquidity and trading volume offered by being listed on an extra exchange can then help that token steadily grow in the long term.
However, a listing on even a leading CEX can’t guarantee the long term future of a new cryptocurrency’s price. Factors like utility and community engagement also play pivotal roles in defining a coin’s value.
How to Buy New Cryptos on Binance
Finally, many of the projects mentioned on our list of new cryptocurrencies can be purchased by partnering with Binance – one of the world’s most popular online crypto exchanges:
- Step 1 – Create an Account: Head to Binance’s homepage, and open a free account using any of the sign up buttons. Enter an email address, username, and password.
- Step 2 – Verify Account: Verify the Binance account by completing the required KYC checks before uploading proof of ID (e.g. passport) and proof of address (e.g. bank statement).
- Step 3 – Make a Deposit: Deposit funds into the Binance account via the supported payment methods.
- Step 4 – Search for Crypto: Type the name or ticker symbol a coin into the search bar and click the ‘Buy’ button.
- Step 5 – Buy Crypto: In the order box that appears, enter the desired position size and confirm your order.
The Best New Crypto Coins – The Verdict
To conclude, this guide has provided an in-depth analysis of the best new crypto coins on the market, highlighting their various use cases and the potential they have going forward. Although the crypto market is undoubtedly a volatile place at present, these coins remain highly sought after.
Our top pick for the best new coin is Bitcoin ETF Token. It offers a high APY, has a clear roadmap, and is tied in with real-world regulatory affairs. Plus, it’s priced at a discount in its early presale stages.
This token is worth purchasing before ETF approval, to benefit from any expected price increases – the presale has now raised more than $2 million in just three weeks since it launched, with staking rewards of 120% APY.