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16 New Crypto Launches to Invest in May 2024 (Up and Coming)
Last updated:
May 9, 2024 14:32 EDT
| 26 min read
Blockchain hosts thousands of crypto projects, with new chains and tokens launched almost daily — but only a few projects add high value to investors. Our analysts reviewed several new crypto project launches that can benefit investors and have strong long-term potential.
We reviewed each crypto in detail and provided guidance on how to discover new crypto launches. Our guide also answers the main questions investors have, and we’ve included key elements investors should analyze and ask themselves to decide if a project is a worthwhile investment.
- First truly multi-chain Doge token, promising interoperability across major blockchains
- Easy to buy and claim $DOGEVERSE tokens during presale phase
- Could be the next Doge-inspired coin to explode ahead of Doge Day
Project Launched
April 2024
Purchase Methods
-
ETH
-
usdt
- Infinitely upgradeable AI meme coin, with modular technological capabilities.
- Huge staking rewards available everyday during presale.
- Presale price rises every two days – buy now to benefit from best price before listing.
Project Launched
April 2024
Purchase Methods
-
ETH
-
usdt
- Brand new South Park-inspired seal-themed SOL meme coin
- Ideal coin to buy in presale ahead of the expected summer meme coin frenzy
- Thought to be by the team that was also behind the viral SLERF coin
Project Launched
May 2024
Purchase Methods
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Solana
- First of its kind daily rewards based on the performance of Mega Dice Casino
- $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
- $2,250,000+ USD airdrop for casino players
Project Launched
April 2024
- Learn-to-Earn platform that rewards users for learning about crypto
- Stake $99BTC tokens in secure smart contract to earn passive rewards
- Get the edge in fast-moving markets with expert crypto trading signals
Project Launched
April 2024
Purchase Methods
-
ETH
-
usdt
-
Bank Card
- +1 more
- Innovatives VR & AR Gaming Project
- Aiming to Raise $15M Across 12 Rounds
- Token Holders Get Lifetime Access to VR Content
Project Launched
January 2024
- Trending meme coin with P2E utility & staking rewards
- Price up 10x in past month, rumors of Binance listing
- 12k+ holders and growing
Project Launched
December 2023
- Buy and hold $SMOG to generate and earn airdrop points
- 35% of supply reserved for future airdrop rewards
- Viral potential after pumping over 1000%
Project Launched
February 2024
Purchase Methods
-
usdt
-
Solana
- Native BSC token
- Audited by Coinsult
- Long-term rewards for holders
- New meme coin offering an immersive experience via high-stakes battles
- Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
- Token holders can cast votes on key project decisions and try their luck in the ‘Lucky Lasso Lotteries’
Project Launched
April 2024
- First crypto-based lending platform, allowing loans up to 75% of the total Memereum assets.
- Comprehensive insurance coverage for digital coins and precious metals, including gold and silver.
- High-value holders get state-of-the-art NFTs, valued over $1,500 in the open market.
Project Launched
March 2024
- Innovative AI crypto casino offering staking, airdrops and custom games
- $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
- Offers daily staking rewards, hype NFTs and is fully audited by Certik
Project Launched
March 2022
The Top Crypto Launches to Watch This Year
Before we get into the detailed reviews of the top crypto launches, let’s quickly find out what each offers.
- Dogeverse ($DOGEVERSE) – Earn ETH staking rewards with this multi-chain token that’s set to go hyper-viral.
- WienerAI ($WAI) – Latest dog-themed meme coin with over 3,500% staking APY
- Sealana ($SEAL) – Newest Solana meme coin with viral potential and simple presale process
- 99Bitcoins ($99BTC) – Earn staking rewards with this learn-to-earn token from a trusted crypto community.
- 5th Scape ($5SCAPE) – VR ecosystem token with a 350% potential presale growth.
- Sponge V2 ($SPONGEV2) – 100x original token relaunch with 106% staking APY.
- Smog ($SMOG) – Popular crypto launch aiming to deliver the greatest airdrop on Solana.
- eTukTuk ($TUK) – Crypto project that reduces emissions with EVs, offers 207% staking APY.
- Shiba Shootout ($SHIBASHOOT) – Shiba-themed meme coin, offering real utility
- Mollars ($MOLLARS) – DeFi and gaming crypto with a burn mechanism. Raised $850K+ in presale.
- Gas Wizard ($GWIZ) – New crypto launch from a project designed to help you pay less at the gas station.
- BlastUp ($BLP) – Early-stage project launchpad with Blast native yield rewards.
- Cerra ($CERRA) – DeFi protocol on Cardano that will share revenue with token holders.
- Honk ($HONK) – Viral BSC project aiming for global reach with strong KOL support.
- De.Fi ($DEFI) – New crypto launches democratizing DeFi.
- EDUM ($EDUM) – Educational platform breaking financial barriers with JINHAK partnership.
A Closer Look at the Best New Coin Launches
We start off our list of the top new coin launches with some brand-new projects in the early phases of their presale:
1. Dogeverse ($DOGEVERSE) — The Best New Crypto Launch to Invest in 2024
Dogeverse is an innovative meme coin, making a splash in the 2024 crypto market. This token sets itself apart as the first multichain meme coin, available across six major blockchains — Ethereum, BNB Chain, Polygon, Solana, and soon Avalanche and Base. This way, users can buy and claim $DOGEVERSE across all these platforms seamlessly.
Central to Dogeverse’s appeal is Cosmo the Doge. Born from a cosmic event, Cosmo represents the agility and interconnected nature of Dogeverse. This isn’t just about hopping from one chain to another; it’s about uniting diverse crypto communities under one humorous and creative banner.
Cosmo is the hyper jumping star of the cross-chain Dogeverse
With a total supply of 200 billion tokens, Dogeverse’s allocation strategy is designed to support every aspect of its ecosystem. From liquidity and marketing to community incentives, each token serves a purpose, ensuring a robust and sustainable model. Moreover, the staking feature on Ethereum allows token holders to earn passive rewards, enhancing the appeal for long-term investors.
Dogeverse tokenomics
The ICO performance of Dogeverse is a testament to its potential. Garnering $1 million within two days, surpassing its initial 4-day target, signals strong market interest. The coin’s approachability is bolstered by its straightforward buying process, low gas fees, and easy bridging across chains.
Dogeverse isn’t just riding the meme coin trend; it’s reinventing it. The roadmap indicates an ambitious plan for expansion and visibility, with applications for listings on CoinGecko and CoinMarketCap and upcoming DEX and CEX listings.
Dogeverse’s innovative multichain approach, charismatic mascot, and strategic ecosystem make it a promising and potentially lucrative new crypto coin worth investing in for 2024.
Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, MATIC |
Chain | Multichain |
Min Investment | None |
Max Investment | None |
2. WienerAI – Latest Dog-themed Meme Coin With a Generous Staking APY of Over 3,500%
WienerAI ($WAI) is one of the top token launches to have graced the crypto market in 2024. The project aims to ride on the growing popularity of meme coins and artificial intelligence to soar to the moon.
With its distinctive approach, $WAI stands tall above its counterparts due to its unique combination of humor, finance, and technology. As the first project that combines artificial intelligence and canines, $WAI intends to overtake well-established doge-themed meme coins and become a force to reckon with through what its whitepaper describes as “weenie gunning for top dog on the charts.”
To achieve this goal, $WAI is planning to build a strong community that’s described as “his legion of allies.” The project team has already set aside 20% each for staking and community rewards. According to its whitepaper, the staking rewards will help incentivize users for engaging with its ecosystem.
At press time, $WAI is offering a whopping 3586% return for early movers of the token which places the token among the most anticipated token launches.
Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, MATIC |
Chain | Ethereum |
Min Investment | N/A |
Max Investment | None |
3. Sealana ($SEAL) – Newest Solana Meme Coin with Viral Potential and Simple Presale Process
Sealana is a standout new cryptocurrency in 2024, distinguishing itself with its Solana-based meme token, featuring a unique character reminiscent of Gamer Guy from “South Park”. This patriotic, crypto-trading seal character offers a novel touch to the meme coin sector, blending American pop culture with the crypto world.
The Sealana presale offers straightforward access, enabling investors to buy $SEAL with SOL. Despite Solana’s recent dips, its meme tokens continue to thrive, demonstrating solid investor interest.
Sealana’s potential for growth is promising with planned listings on major crypto exchanges, which could boost its visibility and demand. The token’s expansion into areas like gaming or DeFi could enhance its utility and market presence.
Investors are drawn to Sealana for its unique story and competitive presale price, which is likely to rise following exchange listings and market recovery.
Presale Started | May 2024 |
Purchase Methods | SOL |
Chain | Solana |
Min Investment | None |
Max Investment | None |
4. 99Bitcoins — Innovative Learn-to-Earn Token Backed by a Trusted Crypto Community
99Bitcoins is a new crypto launch making waves in the industry with its unique Learn-to-Earn (L2E) model. Launched by a well-established educational platform in crypto, 99Bitcoins, this token merges education with cryptocurrency.
Known for its best-in-class educational resources, the platform has a solid base of 700,000 YouTube subscribers and 2 million course users, providing it with a significant community to kickstart its new venture.
Incentivized crypto learning platform 99Bitcoins.
99Bitcoins’ move to launch $99BTC token coincides with Bitcoin’s approaching halving, an event historically known to boost market prices, hinting at an opportune moment for price appreciation.
The tokenomics involve a total supply of 99 billion $99BTC, with 15% allocated for a presale across fourteen rounds. The L2E model is particularly engaging, rewarding users with crypto for learning about it. This approach gamifies education, offering quizzes and interactive modules that translate learning achievements into tangible rewards.
$99BTC holders are not just learners but also beneficiaries of multiple perks: from staking rewards on Ethereum to access to exclusive content, trading signals, and VIP community groups. The platform’s commitment to education and community building in the crypto space sets it apart.
99Bitcoins is amplifying its launch with a substantial airdrop and giveaway, rewarding early adopters and community members. This, coupled with the platform’s existing reach and new mobile apps, positions 99Bitcoins’ token as a promising new crypto launch in 2024.
Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, and card |
Chain | Ethereum (will bridge to Bitcoin) |
Min Investment | None |
Max Investment | None |
5. 5th Scape (5SCAPE) — Newly-Launched Utility Token Powering a Virtual Reality Ecosystem
5th Scape (5SCAPE) is one of the first virtual and augmented reality ecosystems that aims to connect users in its hyper-realistic gaming ecosystem. By leveraging 5SCAPE, the utility token, users can access various games, products, and educational content.
Now in its fourth presale stage, $5SCAPE is priced at $0.00285 per token. The token will be allocated across 12 presale rounds. By the final stage, the 5SCAPE price will increase to $0.0087 — an increase of more than 350%. Thus, early investors can acquire the token for a lower level, ahead of the initial exchange offering.
Token holders are given free access to the upcoming VR games on 5th Scape. These include Cage Conquest – an MMA-themed VR ecosystem. Other games include ‘Epic Cricket Arena,’ putting you at the center of the Cricket action. You can play match days and enjoy a realistic gaming experience.
The 5thScape whitepaper states that 5SCAPE will be listed on crypto exchanges by Q3 2023. The exchange listing will be followed by multiple game launches – which could help the token price soar in the long term.
For more information on this VR project, join the 5th Scape Telegram channel.
6. Sponge V2 (SPONGEV2) – New Crypto Launch Offering Generous Staking Rewards
Sponge V2 (SPONGEV2) promises to be better, bigger, and more absorbent. This is impressive, considering the original token was worth $100 million at its peak and exploded by 100x.
Investors can expect a lot from the SPONGE sale. SPONGE’s whitepaper states that the only way for investors to obtain V2 tokens is to bridge from V1 tokens. Investors who permanently lock and stake their V1 tokens receive four years of staking rewards for SPONGEV2. This is a huge reward for being the first to switch to the new token.
The project also aims to list the SPONGEV2 token on Binance, OKX and other major exchanges to absorb the damp everywhere. As Binance’s listing of BONK tokens and MEME shows, these exchanges are rocket fuel for meme coins.
If it hits these exchanges, look for SPONGE to surpass $100 million in valuation again. For the latest listings, keep an eye on Sponge X or Telegram. Investors can find out more on the SPONGE Discord channel.
7. Smog (SMOG) – New Crypto Launch Aims to Deliver The Greatest Token Airdrop on Solana
Smog (SMOG) is the latest token launch that aims to drop 490 million tokens and make the greatest Solana airdrop and outperform all meme coins on the blockchain, such as Bonk, Myro and Dogwifhat. To receive a portion of the airdrop, you must hold SMOG tokens first.
Buy SMOG on Solana using the Jupiter aggregator. Connect your Solana wallet, such as Phantom, and use SOL, USDC or USDT to complete the purchase. Ethereum users can also buy SMOG directly on the SMOG website, either with ETH, USDT or a card.
If you buy SMOG with ETH, you can stake it for 90 days and earn 42% staking APY. Both stakers on Ethereum and holders on Solana are eligible for the 490 million token airdrop. That’s 35% of the total token supply, with 50% of the total supply dedicated for marketing efforts. This means there’s a huge potential that SMOG will reach meme coin levels and outperform its Solana peers.
Make sure to follow Smog on X and join the Smog Telegram channel for the latest information.
8. eTukTuk (TUK) – New Crypto Launch Aiming To Reduce Carbon Emissions With EVs
eTukTuk (TUK) is a new crypto launch on the Binance Smart Chain that aims to tackle global challenges like climate change and economic inequality. It’s mainly focusing on sustainable transport in developing countries.
The platform’s main goal is to transition existing tuk-tuk fleets powered by Internal Combustion Engines (ICEs) to electric vehicles (EVs), significantly cutting carbon emissions. Plus, eTukTuk is establishing a network of Electric Vehicle Supply Equipment (EVSE) and solar charging stations with local partners, readying for a broader EV rollout.
As per the eTukTuk whitepaper, the platform’s token, TUK, has various uses. Primarily, it will be utilized for transactions at EV charging points. As these stations become more popular, part of the revenue will be shared with local collaborators who maintain and power the stations. Also, TUK token owners can stake the tokens to earn an APY that grows with the rise in transactions and EVSEs.
The presale has now raised more than $1.8m and offers 137% staking APY – to stay updated on eTukTuk’s progress, consider joining the token whitelist and following the eTukTuk Telegram channel.
9. Shiba Shootout – Shiba-themed Meme Coin, offering Real Utility
As the meme coin frenzy continues to push top tokens in the market segment to the moon, savvy investors are now on the lookout for a crypto with the highest potential. Amid the list of options available, Shiba Shootout ($SHIBASHOOT) stands out, presenting itself as one of the top crypto launches this year.
With its novel narrative of gathering crypto enthusiasts in a bustling digital settlement of Shiba Gulch which lies in the heart of the Wild West crypto frontier, $SHIBASHOOT aims to build an interactive community. While most meme coins rely on a humorous character and ever-active community alone, $SHIBASHOOT has taken a step further by adding real utility to its offerings.
The meme coin is on the course of transcending beyond the traditional boundaries of cryptocurrency, offering investors the opportunity to join its thrilling adventure that comes with “creativity, strategy, and the charm of a cowboy’s duel.”
As expected, $SHIBASHOOT has been gaining huge attention despite launching a few hours ago. The meme coin has already attracted the attention of a popular crypto analyst on YouTube, ClayBro who spoke highly of the token’s exquisite offerings.
Considering its perfect launch timing, community-oriented tokenomics, real-world utility, and meme coin allure, Shiba Shootout’s ongoing presale is expected to witness more participation for degens seeking the best opportunity to increase their bags.
10. Mollars (MOLLARS) – DeFi and Gaming Crypto With A Burn Mechanism
Mollars ($MOLLARS) is an emerging crypto launch that blends the appeal of meme tokens with Web3 and gaming functions. The platform aims to revolutionize the DeFi sector by focusing on decentralization, autonomy, and community governance.
After its launch, it plans to transition to a community-driven governance model, allowing $MOLLARS holders to have a say in its future.
The project has raised over $1 million in its presale, showing strong community interest and support. This enthusiasm suggests Mollars could become a key player in the DeFi landscape.
With a total supply of 10 million tokens, 40% is available in the presale at a discounted rate for early buyers. Its tokenomics have a 3% transaction tax for ecosystem growth and a 1% burn rate to increase token value over time.
Mollars also improves its ecosystem by offering more utility with a decentralized exchange and gaming platform. It offers an exciting option for those interested in participating in a platform that converges gaming, Web3, and DeFi.
Potential investors and community members can read the Mollars whitepaper and engage with the community on Telegram and X (Twitter) to stay updated on its progress.
Token Symbol | MOLLARS |
Presale Supply | 4,000,000 MOLLARS |
Token Type | Ethereum |
Payment Method | ETH, USDT, Card |
Listing Price | N/A |
11. Gas Wizard – New Crypto Project Aiming to Lower Your Gas Station and EV Charging Station Costs
Gas Wizard is an exciting crypto project with real-world utility designed to help you pay less when refueling your car or recharging your EV. The way it works is you use a gas or charging station from the Gas Wizard partner network and you get discounts and earn rewards in $GWIZ for using them.
This is a form of loyalty network built on the blockchain to save cost, increase transparency and speed. Moreover, with a feature called GasWizard Challenge, community members are rewarded for updating gas prices, giving Gas Wizard users a real-time overview of the cheapest stations.
The project is now in a presale phase where you can buy $GWIZ tokens for $0.01 apiece. This is the first presale stage out of 10. Each consecutive stage will have a higher price than the previous.
The $GWIZ token is an ERC-20 token, and you can buy it with ETH, BNB, WBTC, USDT or USDC both on the Ethereum and Binance networks.
Only 6% of the total token supply is available in a presale and a public sale, while 30% of the total token supply will be used for staking and platform rewards when these features become available.
Make sure to follow the Gas Wizard X account and join the Gas Wizard Telegram channel for the latest information.
Token Symbol | GWIZ |
Presale Supply | 5 Billion |
Token Type | Ethereum |
Payment Method | ETH, USDT, BNB, USDC, WBTC |
Listing Price | N/A |
12. BlastUp (BLP) – Early-Stage Project Launchpad With Native Yield
BlastUP is an innovative launchpad platform on the Ethereum blockchain that rewards its users. From start to finish, BlastUP screens potential projects to make sure only the high-quality projects will launch and helps the project prepare for their launch from tokenomics to documentation preparation.
The idea behind the BlastUP token (BLP) is that users who hold it will receive a certain allocation for token sales on projects launched on BlastUP. By staking your BLP, you earn interest and get loyalty rewards for participating in IDOs.
On top of earning rewards with BLP, you can also stake ETH and stablecoins as Blast is Ethereum’s Layer 2 protocl. In fact, this is the first L2 protocol to reach $1 billion in total value locked (TVL) in 35 days. That’s because Blast offers auto rebasing where ETH yield comes from Lido while stablecoin yield from the MakerDAO.
Over 11,000 participants have raised more than $5 million so far in the BLP presale out of $12 million targeted. One BLP goes for $0.06 at the current presale stage and it will go up to $0.065 in the next stage. The estimated price on launch is $0.1. Presale participants will get up to 12% in Booster Points, and those who hold 1,000 or more Booster Points are eligible for weekly Blastbox airdrops, which contain NFTs, stablecoins and more.
Check out the BlastUp whitepaper for more info. Also, follow BlastUp on X and join the BlastUp Telegram channel for more information.
Token Symbol | BLP |
Presale Supply | 200 Million |
Token Type | Ethereum |
Payment Method | ETH, USDB, USDT, BNB, MATIC, Card |
Listing Price | $0.1 |
13. Cerra (CERRA) – Earn Passive Income With This DeFi Platform on Cardano
Cerra (CERRA) is a new token launch that aims to build a decentralized finance platform on Cardano and distribute revenue to CERRA token holders. Moreover, CERRA can be used as a governance token where you can vote on important decisions regarding the project.
Users will be able to use the Cerra platform for derivatives trading, p2p lending, copy trading and more. Aside from the rewards you can earn as a CERRA holder, you can earn even more by utilizing the platform’s yield farming potential.
To buy the token, you need a compatible Cardano wallet, such as Nami, and you need a minimum of $500 in ADA. Also, you need to provide your email to participate in the presale. There are over $170k raised so far at a price of $0.2 per token.
Once the token presale ends, your CERRA will remain locked for six months. The lockup period starts from the day you made your purchase. The lock period applies to the entire supply that will be distributed across various channels, including team tokens, development tokens, yield rewards and vault. Some of these even have a vesting period, such as 24 months for the team tokens.
14. Honk (HONK) – Viral Solana Project With Strong Partnerships And High Rewards
Honk (HONK) is a new crypto launch aiming to replicate the viral success of “The Anonymous Goose Game” by leveraging the Solana network, targeting millions of users worldwide. The platform’s global strategy targets key markets across Europe and Asia, aiming for widespread recognition.
The project will be featured on major platforms like Dextool, Dexview, and Avedex, improving its visibility and attracting new users.
The token is now available across all Solana decentralized exchanges, and you can buy it with SOL, USDC, USDT or any other Solana-based token. But you’ll need a Solana-compatible wallet first, such as Phantom or Solflare.
There are two mobile games available for download on Android devices: Honk a Bonk and Bonk Hunt. This aims to give the project some utility if it aims to outperform other Solana meme coins such as Bonk and Myro.
15. De.Fi – Democratizing DeFi With a Security-Focused Platform for All Users
De.Fi aims to democratize DeFi by making it accessible to everyone, aiming to be the “Robinhood of DeFi.” It aims to break down the barriers of traditional finance by leveraging Web3.
The platform’s mission is to provide a secure and comprehensive platform for users of all experience levels, from seasoned investors to newcomers, allowing them to invest without the risk of significant losses.
The De.Fi ecosystem is built around a security-focused dashboard that allows users to manage their assets while being informed of associated risks.
The native governance token, DEFI, is central to the ecosystem, offering holders access to products, discounts, exclusive community interactions, and partner benefits. DEFI tokens also play a key role in the platform’s governance, allowing the community to vote on proposals.
16. EDUM – Web 3.0 Educational Platform With Strong Partnerships
The EDUM project is a new Web 3.0 educational platform that aims to dismantle financial barriers to education, ensuring access to quality learning resources for all.
By creating a unique educational ecosystem, EDUM aims to provide practical incentives for learners and a platform for educators to offer affordable, high-quality services.
Central to EDUM’s strategy is its partnership with JINHAK, a leading ICT firm in South Korea with a 22-year track record of excellence in education and admissions technology. This collaboration leverages JINHAK’s technological expertise and infrastructure to create a blockchain-based educational service.
EDUM’s vision extends beyond mere academic learning, aiming to include all stages of education and career development, from high school to employment.
What Are Crypto Launches?
A crypto launch refers to the introduction of a new crypto project to the market. Newly launched cryptocurrency can be released in any of the following ways:
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Initial Coin Offerings (ICOs), Token Sales, or Token Generation Events (TGEs) – The issuing and selling of a new cryptocurrency token to investors and supporters, generally at a discounted rate, to raise capital for the development of a project.
- Initial Exchange Offerings (IEOs) – Token sales conducted on cryptocurrency exchanges. The exchange hosts and manages the token sale on behalf of the project.
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Security Token Offerings (STOs) – STOs involve the issuance of security tokens, which represent ownership or a stake in an underlying asset. Such tokens are subject to securities regulations.
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Airdrops – Crypto airdrops involve the distribution of free tokens to existing cryptocurrency holders. These can be a marketing strategy to create awareness, reward loyal users, or distribute tokens in a decentralized manner.
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Forks – When a new version of a cryptocurrency’s protocol is implemented, a fork occurs. This results in a split, creating two separate blockchains with distinct rules.
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Project Launches – Beyond token launches, new crypto projects launching soon can introduce new blockchain technologies, platforms, or decentralized applications (dApps) to the market.
How to Find New Crypto Launches
Investors wanting the best possible crypto prices should get involved in projects in their infancy. That means finding crypto before it lists and investing in projects when they’re in presales or during the ICO. Below are some resources for finding such avenues.
ICO Calendar
The most popular ICO calendar is provided by CoinMarketCap. The convenient aspect of using this source for new coin launches that it shows upcoming ICOs and ongoing projects. Having access to the upcoming ICO information enables investors to gauge projects potentially in the presale stages.
CoinMarketCap’s calendar also provides information about projects that recently concluded their ICO. Those platforms are also considered to be new crypto launches.
Events
Networking is a powerful tool for attaining wealth. The best way to network with like-minded individuals is by attending crypto events. The key speakers usually have an inside scoop about upcoming projects.
Even if the speakers don’t mention new crypto coins during the speech, investors can speak to them after the event. Meeting one of the attendees who know about new crypto launches is highly likely.
Exchanges
The best crypto exchanges advertise new coin listings well in advance to ensure sufficient liquidity the day the coin starts trading.
A key advantage of buying new crypto when it launches on an exchange is the possibility of getting the lowest prices. Then when the rest of the market enters, the demand should increase the coin’s value.
What Makes a Coin Pump After Launching
Understanding what drives a coin’s price surge post-launch is crucial for investors. Recognizing these triggers can help in making informed decisions, anticipating market movements, and identifying potential investment opportunities. This section explores key factors that contribute to a coin pump after it enters the market.
Hype and FOMO
Hype and FOMO (i.e., Fear of Missing Out) can significantly drive up a coin’s value post-launch. Emotional trading, spurred by strong marketing and the perception of scarcity, compels investors to buy early to avoid missing potential gains. These factors create a rush of purchases, often resulting in a sharp increase in the coin’s price as demand exceeds supply.
Sold-Out Presales
Cryptos that sell out in presales often have limited initial supply, creating a supply-demand imbalance when they launch on exchanges. This scarcity drives up demand as investors who missed the presale rush to purchase on the open market, often leading to a rapid price increase. A sold-out presale signals strong investor interest and anticipation, adding to the buying frenzy at launch.
Exchange Listing Announcements
Exchange listing announcements can significantly boost a coin’s price as they expand market access and enhance credibility. When a new coin is listed on a major exchange, it attracts a broader audience of traders and investors, leading to increased buying activity. This visibility often results in a sharp price surge due to the perceived increase in legitimacy and potential for wider adoption, making the coin more desirable to purchase.
Trading Volume Competitions
After a coin launches, exchanges may host trading volume competitions, offering rewards like airdropped tokens to active traders. These incentives encourage increased buying and selling, boosting the coin’s trading volume. This heightened activity raises the coin’s market visibility and its perceived value, often leading to a price pump as more traders participate to win rewards, further fueling the demand.
Low Circulating Supply
A low circulating supply can sharply drive up a coin’s price after launching due to scarcity. With fewer tokens available, even moderate demand can lead to significant price increases as buyers compete for a limited supply. This scarcity effect is akin to rare collectibles; the rarer the item, the higher the potential value, attracting more investors seeking potential price appreciations.
How to Decide Whether to Invest in a Crypto Launch
Navigating a crypto launch requires strategic decision-making to ensure the viability of your investment. Understanding the fundamentals behind the project and assessing its potential can guide investors towards making more informed choices.
Evaluate the Coin’s Utility
To evaluate a coin’s utility, consider if the token has real-world applications, solves specific problems, or offers unique services. Utility tokens provide more than speculative value; they facilitate transactions or interactions within their ecosystems.
For example, Binance Coin (BNB) reduces trading fees on its platform. This intrinsic utility often underpins long-term value.
Look for Strong Marketing
Investigate the project’s marketing efforts to gauge its visibility and investor interest. Strong marketing can indicate the team’s commitment to growth and outreach.
Check for active social media presence, engagement strategies, and partnerships with reputable companies. Effective marketing can drive demand, boosting the coin’s initial uptake and sustained interest.
Research the Coin Launch Price
Analyzing the launch price involves comparing it with similar projects and assessing the initial market cap. A reasonably set launch price, suggests a grounded approach by the founders. It should align with the project’s scope and market potential, avoiding unrealistic evaluations that deter savvy investors.
Secured Exchange Listings
Find out which exchanges will list the new coin by checking announcements on official project pages or crypto news websites, such as CryptoNews.
Secured listings on prominent exchanges enhance a coin’s credibility and liquidity, making it more accessible to a broader audience. These listings are critical for providing the necessary trading volume that supports price stability.
Team and Developer Transparency
Assessing team transparency involves reviewing the project’s website and communications for detailed information about the founders and developers.
A transparent team discloses their background and track record, which builds trust. Knowing who is behind the project helps investors feel more secure, particularly against potential scams or mismanagement.
Conclusion: What Is the Top New Coin Launch 2024?
Dogeverse is the best new crypto launch due to its innovative multichain functionality across key blockchains and its engaging, community-centric approach, offering users both versatility and a strong potential for growth in the meme coin market.
Up and Coming Crypto Launches FAQs
What new cryptocurrencies are coming out?
Several crypto projects are added to the blockchain daily, but only a few a worth investing in. We found that projects, such as Dogeverse, WienerAI, Sealana, 99Bitcoins, and 5th Scape, are new coin launches with excellent utility and a big future.
What is the best up and coming crypto?
Dogeverse is the best up-and-coming crypto, offering a unique multichain presence and a community-driven approach, making it a standout choice among new crypto launches.
Where can I find newly launched crypto?
Investors can look for newly launched crypto in several places, such as ICO calendars, crypto events and exchanges. CoinMarketCap is a popular ICO calendar, and attending events with industry leaders as key speakers helps investors gain insight into crypto presales and new coin launches.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Is Shiba Inu a good buy while trading below $0.01?
Advances in artificial intelligence (AI) technology and innovative new drugs in the weight loss market were major contributors to stock market gains for much of the past year.
While investors have reaped generous returns from owning mega-cap technology and some pharmaceutical stocks, it’s human nature to wonder what else is out there and where additional value can be found.
Investment alternatives how cryptocurrencies have gained massive popularity over the past decade or so — and one of the most curious cryptocurrencies, Shiba Inu (SHIB 2.08%), it may seem very tempting, as trades below a penny.
Let’s take a look at the Shiba Inu and find out if it’s a good buy right now.
What is Shiba Inu?
The first thing to know about cryptocurrency in general is that not all cryptocurrencies are created equal. Some of the most popular cryptocurrencies out there include Bitcoin, EthereumIt is Solana. While each of them still carries some degree of speculation, all of these currencies have achieved some form of real-world application.
For example, Bitcoin is now accepted as a means of payment in some online stores and retail establishments. In addition, many projects that revolve around non-fungible tokens (NFT) tend to rely on Ethereum, Solana, and other major cryptocurrencies.
Shiba Inuin turn, is in a totally different category.
That is, Shiba Inu is often affiliated with Dogecoin. Although Dogecoin has experienced some fleeting volatility in the past — largely thanks to some irreverent support from high-level personalitiesincluding Mark Cuban and Elon Musk — cryptocurrency is largely seen as a joke.
In investing, non-serious investments tend to fall under the category of a meme. Shiba Inu is no exception here. With little to no real-world utility, Shiba Inu is widely seen as a meme coin.
Should you buy Shiba Inu while it is selling for less than a penny?
Shiba Inu’s price dynamics closely follow the rules of supply and demand. At the moment, Shiba Inu has a total supply of 589 trillion tokens, and the coin is trading at just $0.000017.
With such an abundance of Shiba Inu coins available, the asset is anything but scarce. In other words, pretty much anyone can buy Shiba Inu if they want to. For this reason alone, it doesn’t have much appeal for investors looking to spot a profitable opportunity.
Given the lack of demand, it is not surprising to see that the Shiba Inu is trading for less than a penny. Unless a large number of institutional investors invested billions of dollars in purchasing Shiba Inu, I can’t imagine a world where the currency starts to gain traction in the market.
Since cryptocurrency is still considered a speculative investment, I consider it highly unlikely that large fund managers will buy Shiba Inu en masse.
Instead, I think Shiba Inu will continue to be the favorite among a small group of retail investors — specifically, inexperienced traders who follow the advice of online influencers or fake financial gurus.
If you are looking for exposure to cryptocurrency but can’t decide which coin to buy, there are many cryptocurrency stocks that could serve as a decent proxy. Companies like Coinbase, Robinhoodand even Microstrategy each offers investors some exposure to the cryptocurrency landscape, but with some degree of isolated risk.
So while Shiba Inu may seem cheap, there are many reasons why the coin’s value remains depressed. I think investors are better off moving on from Shiba Inu and considering more established cryptos or individual stocks operating in the crypto space.
Adam Spatacco has positions in Coinbase Global. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, and Solana. The Motley Fool has a disclosure policy.
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AI meme Raboo and crypto newbie ZRO
Disclosure: This article does not constitute investment advice. The content and materials presented on this page are for educational purposes only.
Raboo and ZRO are outperforming Dogecoin with unique features and growing investor interest.
In the evolving cryptocurrency market, Raboo (RABT) and ZRO are emerging as standouts, gaining significant traction among investors. These new coins are not only on the rise but are also outperforming the established meme coin, Dogecoin (DOGE).
Raboo’s unique integration of AI into meme culture and ZRO’s fresh approach are attracting a growing community of enthusiasts. This article delves deeper into the unique features of Raboo and ZRO, exploring how they are shaping the future of the crypto landscape and why they may offer compelling investment opportunities. Read on to discover the potential of these rising stars.
DOGE: The veteran memecoin
DOGE has a market cap of over $19 billion as of July 2024 and in this circulation, there is a supply of 145 billion DOGE. The price of the coin jumped 6% in the last 7 daysechoing the trend — increased investor interest and market recovery.
Although Dogecoin was initially created as a joke, it has still held up quite well, probably due to the fact that it has had a huge community since its inception and periodic endorsements from important people like Elon Musk, thus keeping this cryptocurrency relevant and moving.
Dogecoin’s current rise could also be driven by events such as increased institutional adoption and favorable developments around the Dogecoin Foundation. These events are generating more interest, with a halving likely in 2025. Analysts project that Dogecoin will trade within the $0.15 and $0.25 range in the near future.
ZRO: A Rising Star in the Crypto Universe
ZRO is the native token of LayerZero, a robust and promising newcomer to the cryptocurrency market, which has been attracting attention recently for its intrinsic value and recent market performance. LayerZero is a cross-chain interoperability protocol that allows blockchains to communicate seamlessly with each other, literally being a “blockchain of blockchains.” Ultra Light Nodes (ULNs) power this new development, verifying transactions and messages in a way that brings security and efficiency to chains like Ethereum, BNB Chain, and Avalanche. ZRO is up over 80% in the last 30 days, reaching $4.63 with a market cap of over $509 million.
While Dogecoin has been showing improved performance in the crypto scene recently, ZRO’s growth is very fast. Its strategic partnerships, such as the latest cooperation with Flare Network, extend it to 75 blockchains, greatly increasing its market position.
Analysts are bullish on ZRO and are pricing in long-term growth in the forecasts. While Dogecoin enjoyed community support and some celebrity endorsements, the focus that ZRO has placed on its technology development and practical applications gives it a distinct advantage in this increasingly competitive cryptocurrency landscape.
Raboo: Changing Memecoins with AI
Raboo (RABT) has quickly emerged as a significant player in the memecoin market, leveraging advanced AI technology to stand out from its competitors. The token’s unique approach includes a “Post-to-Earn” platform where users are rewarded for creating and sharing content, fostering dynamic community engagement. Raboo’s presale has been particularly successful, with tokens currently priced at $0.0048, representing a significant 233% increase since the presale began.
Despite Dogecoin’s established presence and recent price stability, Raboo’s rapid rise is remarkable. Analysts predict that Raboo could outperform Dogecoin, with expectations of a 100x return upon launch. This optimism is driven by Raboo’s unique technological capabilities and the growing appeal of its SocialFi features, which set it apart from more traditional memecoins.
Conclusion
Raboo and ZRO are emerging as strong contenders in the cryptocurrency market, outperforming the established Dogecoin with their unique features and strong community engagement. Raboo, with its AI-powered meme creation and “Post-to-earn” platform, offers a unique investment opportunity, especially for those looking to diversify their portfolios in the dynamic memecoin sector. ZRO’s focus on cross-chain interoperability also positions it well for future growth.
These developments highlight the evolving cryptocurrency landscape, where technological creativity and community-driven models are becoming increasingly important for success. Investors should consider Raboo for its high potential returns and innovative features.
For more information, visit the Raboo Pre-Order Website or follow the project at Telegram or X.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should do their own research before taking any actions related to the company.
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The Rise of Cryptocurrency ETFs: How to Invest in Digital Currency Without Buying Coins
The introduction of spot cryptocurrency ETFs offers a new and easy way for investors to gain exposure to digital currencies.
For much of crypto’s existence, those interested in purchasing digital assets would have to do so through cryptocurrency exchanges. But now, that’s starting to change.
If you’ve been hesitant to dive into crypto due to what can sometimes be a daunting and technical task when navigating cryptocurrency exchanges, now might be the perfect time to explore the new spot exchange-traded funds (ETFs) available to investors.
What are spot ETFs?
A spot ETF is a financial instrument that allows investors to gain exposure to the price movements of an underlying asset – in this case, cryptocurrencies such as Bitcoin (BTC -1.63%) and Ethereum (ETH -1.36%) — without directly owning the asset. These ETFs are traded on traditional stock exchanges, and their value is directly tied to the current (or spot) price of the cryptocurrency.
One of the main differences between owning a spot ETF and owning the actual cryptocurrency is the responsibility of custody. When you own cryptocurrency, you need to manage its storage and security, which involves using digital wallets and understanding private keys. With spot ETFs, the responsibility of custody falls on the fund manager, making it easier for investors to gain exposure to the asset without worrying about the complexities of secure storage.
In many ways, you can think of spot ETFs as gold ETFs. When people buy a gold ETF, they don’t actually receive gold coins or bars. Instead, they own shares that track the price movement of gold.
Another important distinction is trading hours. Cryptocurrencies can be traded 24/7, while spot ETFs are subject to the stock exchange’s trading hours. This means that you can only trade ETFs during market hours. These limited hours can lead to potentially missing out on significant price movements that occur outside of the market’s designated trading hours.
Options available today
Currently, the only options for investors looking for spot cryptocurrency ETFs are Bitcoin and Ethereum. These two cryptocurrencies stand out due to their significant value and established track records, positioning them as attractive options for integration into the stock market via ETFs. Bitcoin, often referred to as digital gold, was the first cryptocurrency (created in 2009) and the first to gain approval for a spot ETF. With nearly seven months of trading now under its belt, the approval of the 11th Spot Bitcoin ETFs was touted as one of the most successful ETF launches in history.
More recently, nine Ethereum spot ETFs have gained approval from the Securities and Exchange Commission (SEC) to begin trading on July 23. As the second most valuable cryptocurrency and the backbone of the decentralized finance (DeFi) economy, Ethereum was the next best candidate for a spot ETF launch.
While limited to two cryptocurrencies, as investors become more comfortable with digital currencies and ETFs continue to prove popular, we can expect to see more cryptocurrencies gaining ground as ETFs. The early stages of this expansion are already visible, with applications for Solana Spot ETFs starting to come in.
How to buy an ETF outright
Buying a spot ETF involves several steps and considerations, just like any other ETF investment. Here’s a detailed guide on how to do it:
- Start by researching the available Bitcoin and Ethereum ETFs. Compare their fees, assets under management (AUM), and performance. ETFs with lower fees and higher AUM are generally more attractive, as they may offer better liquidity and lower costs.
- To buy ETFs, you need a brokerage account. If you don’t already have one, choose a brokerage that offers a wide range of ETFs, low fees, and a user-friendly platform.
- If you’re new to the brokerage, you’ll need to provide personal information and fund your account with money from your bank. Most brokerages offer multiple funding methods, including ACH transfers, wire transfers, and check deposits.
- Once your account is funded, use your broker’s search function to find the Bitcoin or Ethereum ETF you’ve decided to invest in. ETFs are usually identified by their ticker symbols, so knowing them can make your search easier.
- Decide how many shares of the ETF you want to buy. You can place a market order, which buys the ETF at the current market price, or a limit order, which sets a maximum price you are willing to pay. Review your order carefully before submitting it.
- Once you’ve purchased the ETF, monitor its performance and keep an eye on any news or developments related to cryptocurrencies and the ETF itself. Regularly reviewing your investment ensures that it aligns with your financial goals and risk tolerance.
An evolving landscape
The introduction of Bitcoin and Ethereum spot ETFs marks a significant milestone in the evolution of cryptocurrency investing. These financial instruments offer a simpler and more accessible way to gain exposure to digital currencies without dealing with the complexities of cryptocurrency exchanges and direct ownership.
By following the steps to purchase these ETFs through a brokerage account, investors can seamlessly integrate digital currencies into their investment strategies. As the cryptocurrency market continues to mature, the availability and acceptance of spot ETFs is likely to expand, providing even more opportunities for investors to participate in this dynamic asset class.
RJ Fulton has positions in Bitcoin, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy.
News
Trump raises over $4 million in bitcoin and other cryptocurrencies
Republican presidential candidate and former President Donald J. Trump holds a campaign rally at Van Andel Arena in Grand Rapids, Michigan, on July 20, 2024.
Bill Pugliano | Getty Images News | Getty Images
NASHVILLE, Tenn. — Former President Donald Trump is heading to Tennessee this weekend to deliver a keynote speech at a major bitcoin conference. It looks like he’ll be in front of a supportive crowd.
Trump, the Republican presidential nominee, has raised more than $4 million from a mix of digital tokens, a campaign aide told CNBC. Contributors have donated bitcoin, etherRipple’s XRP token, the stablecoin pegged to the US dollar USDC and several memecoins, according to a Federal Election Commission filing.
The more than 1,000-page report shows totals for the joint fundraising committee “Trump 47” from April 1 to June 30. The committee raised more than $118 million during that period, with payments going to the Trump campaign, the Republican National Committee and other parties, according to the filing.
At least 19 donors have contributed more than $2.15 million in bitcoin to the committee, the lawsuit shows. The contributors hail from 12 states, including some battleground states. Their professions include homemaker, U.S. military officer, missionary, painter, pizza sales representative and State Department security technician.
Crypto billionaire twins Tyler and Cameron Winklevoss led the charge, each contributing 15.57 bitcoins, or just over $1 million at the time of the donation. Since their contributions surpassed the $844,600 limit, the lawsuit indicates that the money was partially refunded. Mike Belshe, CEO of digital asset security firm BitGo, contributed $50,000 worth of bitcoin.
Tyler Winklevoss, CEO and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, chairman and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021.
Eva Marie Uzcategui | Bloomberg | Getty Images
In recent months, Trump has positioned himself as the pro-crypto candidate for president, a reversal from his previous stance during his time in the White House. Trump launched his latest collection of non-fungible tokens on the Solana blockchain in April and has since been making increasingly optimistic crypto commentary. Along the way, he has gained the support of several influential tech and crypto investors, including venture capitalists Marc Andreessen and Ben Horowitz.
Trump will be in Nashville on Saturday to deliver the keynote address at The Bitcoin Conference, which is being held at the Music City Center. He will also host a campaign fundraiser in the city on the same day, where tickets cost up to $844,600 per person.
Front-row tickets include a seat at a roundtable with Trump and cost the maximum donation amount allowed for individuals. the Trump Committee 47. The next tier includes a photo with the former president for $60,000 per person or $100,000 per couple, according to the invitation.
Brian Hughes, an adviser to the Trump campaign, said that of the more than $4 million in cryptocurrency raised, most of it came in bitcoin.
“Crypto innovators and others in the tech sector are under attack from Kamala Harris and the Democrats,” Hughes said, referring to the de facto Democratic nominee. “While the Biden-Harris Administration stifles innovation with more regulation and higher taxes, President Trump stands ready to encourage American leadership in this and other emerging technologies.”
Trump, the first major presidential candidate to accept donations in digital tokensYou can receive contributions in a variety of cryptocurrencies, including Dogecoin, Shiba Inu coin, XRP, USDC, and Ether.
Kraken founder and former CEO Jesse Powell has donated nearly $845,000 worth of ether. Stuart Alderotylegal director of Curlinggave $300,000 in XRP token. Alderoty recently attended a Trump fundraiser organized by venture capitalist David Sacks in San Francisco.
Former Messari CEO Ryan Selkis, who resigned last week from the company he co-founded after posting about “literal war” against Trump opponents, donated $50,000 in USDC.
So far, it appears that the Trump campaign is converting these contributions immediately to USDC and then liquidating the donations. In some cases, however, the campaign has chosen to keep the USDC.
Trump has personally promised to defend the rights of those who choose to self-custody their currencies, meaning they are not dependent on a centralized entity like Coinbase and instead use cryptocurrency wallets, which are sometimes beyond the reach of the IRS.
Trump also vowed at the Libertarian National Convention in Washington in May to keep Sen. Elizabeth Warren, D-Massachusetts, and “her henchmen” away from bitcoin holders. Warren is a vocal critic of cryptocurrencies.
Meanwhile, after a meeting at his Mar-a-Lago club in Florida with about a dozen bitcoin mining executives who pledged their support, Trump declared that all future bitcoins will be minted in the US if he returns to the White House.
Trump has named Ohio Senator J.D. Vance as his running mate, a move seen by many as a victory for the cryptocurrency sector. Vance has advocated for looser regulation of cryptocurrencies and revealed in 2022 that he personally holds bitcoin.
The Biden White House has stepped up regulation of cryptocurrencies, with the SEC stepping up its crackdown on the sector in recent years.
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