Best ERC-20 Tokens to Buy in 2024

A myriad of cryptocurrencies are built on top of the Ethereum blockchain. All these crypto projects use the ERC-20 token standard as it is the token standard of the Ethereum blockchain. There are ERC-20 tokens offering services in different DeFi sections, including blockchain games, decentralized exchanges, decentralized apps, etc. With this excessive number of cryptocurrencies, it becomes quite confusing to decide which ERC-20 tokens to buy.

In this guide, we have enumerated a number of ERC-20 tokens in different fields that are worth investing in for 2024. Read on to find out our top eight ERC-20 tokens and their detailed descriptions. We have also introduced some reasons why ERC-20 tokens can be good investments and introduced a step-by-step guide that explains how to buy these Ethereum-based tokens. 

Top ERC-20 Tokens to Buy in November 2024

There are quite a few cryptocurrency projects built on the Ethereum blockchain and using the ERC-20 token standard. Hence we have chosen the most innovative and profitable projects through in-depth research. In the next section, you will also find a detailed review of each of the ERC-20 tokens included in the list below. 

Top ERC-20 Tokens to Buy Reviewed – Full List

In this part of the guide, you will learn about the top ERC-20 tokens that we consider a good buy for 2024. These tokens are created to make changes in the field of blockchain games, cryptocurrency exchanges, blockchain development, etc. What makes them a good investment is, first of all, their goals and strong plans of introducing new ideas and solutions into their fields. All the projects and their descriptions are introduced separately and in detail. 

Pepe Unchained – Trending Memecoin Presale With a Layer 2 Concept

Taking inspiration from the renowned Pepe meme token, Pepe Unchained unveils a narrative where Pepe breaks free from the limitations of its original Layer 1 blockchain, opting instead for a more efficient Layer 2 solution. This thematic approach not only resonates with meme enthusiasts but also underscores Pepe Unchained’s commitment to improving transaction efficiency and scalability.

The incorporation of Layer 2 technology stands out as a pivotal feature of Pepe Unchained. Built on the Ethereum blockchain, Layer 2 solutions enhance transaction speeds, reduce costs, and maintain seamless compatibility with Ethereum’s ecosystem. This technological advancement not only enriches user experience by addressing common blockchain constraints but also positions Pepe Unchained competitively within the broader cryptocurrency market.

Staking emerges as a compelling opportunity for investors looking to generate passive income with Pepe Unchained. By staking PEPU tokens during the presale phase, investors can earn attractive APY returns, encouraging early participation and nurturing a dedicated investor base. This staking mechanism not only bolsters token liquidity but also supports Pepe Unchained’s mission to establish a sustainable and rewarding investment environment.

At the time of writing, Pepe Unchained has raised more than $400k and is priced at a low price of just $0.008. It has garnered significant attention from memecoin enthusiasts and is anticipated to replicate the substantial returns observed during Pepe’s initial launch. This potential for substantial growth underscores PEPU’s appeal as an asset worthy of consideration for investment at present.

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Flockerz – ERC-20 Token Powering a DAO Ecosystem

Flockerz is a highly anticipated ERC-20 token that shifts the paradigm for both meme coins and utility tokens. The change in the meme coin space comes with the introduction of a new animal— the hen, which has rarely been featured in this space. The utility aspect is transformed by the token’s accessibility and the possibility of its arrival soon.

Represented by a flock of blue hens huddled together and gleefully looking at the viewer, Flockerz presents itself as an enabler of a Vote-to-Earn ecosystem. The memes created by this project are quirky and have been well-received by the crypto community.

However, the project’s biggest draw is its Vote-to-Earn ecosystem. This is not the typical Vote-to-Earn system seen in other projects. Investors should not expect simple polls on social media that contribute to earning tokens. Instead, this mechanic is embedded in Flockerz’s decentralized autonomous organization (DAO), which will decide how the project evolves. Those who vote within the DAO will earn tokens as a reward.

Like other DAO projects, voting will rely on staking. However, the distinction here is that staking rewards are separate from voting rewards. Those who invest in the presale can stake their tokens to further compound their gains.

With multiple passive earning opportunities, Flockerz has quickly become one of the best ERC-20 tokens to date.

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FreeDum Fighters – Newly Launched ERC-20 Token With a Trending Concept

If you’re looking for an ERC-20 token with early growth potential and a creative twist, FreeDum Fighters is worth your attention. Unlike most tokens, which focus solely on tech or utility, FreeDum Fighters brings a unique blend of satire, community engagement, and real-world relevance. What makes this project especially compelling is that it’s still in its presale phase, allowing investors to secure tokens at a lower price before it fully hits the market. This stage of the project creates a perfect window of opportunity for those who want to get involved before the buzz really takes off.

The project taps into a global theme that everyone is talking about: U.S. politics. FreeDum Fighters uses a satirical narrative centered around two characters, Magatron and Kamacop, who represent exaggerated political figures. Investors don’t just hold tokens passively—they can get actively involved by staking their tokens in support of either character. What makes the staking process more intriguing is that rewards shift based on the popularity of each character, making it more dynamic and strategic compared to traditional staking models.

Beyond staking, FreeDum Fighters keeps its community actively engaged with its debate-driven rewards system. Every week, token holders can participate in discussions on political and social topics, earning DUM tokens for their contributions. This combination of earning potential and interactive participation makes FreeDum Fighters much more than just another token—it offers a fun, strategic, and timely experience for those looking to maximize their investment in a volatile space.

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Best Wallet Token – Presale ERC-20 Crypto With a Strong Usecase

Built to support a wallet compatible with over 60 blockchains, Best Wallet Token takes advantage of Ethereum’s security and reliability as an ERC-20 token. This dual approach means users can manage assets across multiple networks while benefiting from the Ethereum ecosystem’s established infrastructure. BEST combines Ethereum’s strength with broad blockchain access, making it a unique and dependable asset within the Best Wallet platform.

BEST offers a variety of advantages that make it appealing for investors. Holders benefit from reduced transaction fees within Best Wallet, enabling more cost-effective trading and transfers—a valuable feature for those managing diverse portfolios. BEST holders also enjoy early access to presales through Best Wallet’s aggregator, providing the chance to invest in new projects before they hit the wider market. Additionally, staking BEST offers competitive APY rewards, allowing holders to earn passive income and deepening their connection with the platform.

From a tokenomics perspective, BEST is designed for sustainable growth. With a total supply capped at 10 billion tokens, it balances availability and demand effectively, leveraging Ethereum’s trusted ERC-20 framework. The project’s hard cap of $10 million aims to fuel further development of the Best Wallet platform, supporting enhancements that ensure its value for users.

Currently, BEST’s presale is open exclusively to Best Wallet users until December, offering early adopters the chance to acquire the token at its foundational price before it reaches the public market. This exclusive presale phase allows early investors to secure their stake at an opportune time, setting the stage for potential future growth within the Best Wallet ecosystem.

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Crypto All-Stars – ERC-20 Meme Coin Featuring a Unique Staking Perk

Carrying the best traits of an ERC-20 asset is Crypto All-Stars. This proof-of-stake meme coin has set the crypto community into a frenzy due to its unique looks that combine the aesthetics of 2D video games as well as modern meme coins.

However, the key factor that makes this meme coin project stand out is the staking mechanic. Leveraging the best aspects of what works for staking, Crypto All-Stars has created a staking pool for all major meme coins. Top meme assets like Dogecoin, Floki Inu, Pepe, Dogwifhat, and more could be staked on the Crypto All-Stars ecosystem in return for STARS tokens.

This combination of meme-based aesthetics and long-term perks gives Crypto All-Stars the potential to establish a sustainable ecosystem and grow with time. Therefore, for all ERC-20 token investors, Crypto All-Stars could be a good token into which to park funds.

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Shiba Shootout – ERC-20 Memecoin With a Shiba Inu Theme and P2E Game

As an ERC-20 token, Shiba Shootout may be a promising investment option in the current market landscape. Built on the Ethereum blockchain, it benefits from the security, scalability, and widespread acceptance that the ERC-20 standard offers. This ensures that Shiba Shootout can leverage the robust infrastructure and extensive ecosystem of Ethereum, providing investors with a reliable and secure investment vehicle.

One of the standout features of Shiba Shootout is its engaging Wild West theme, set in the fictional town of Shiba Gulch. The project introduces memorable characters like Marshal Shiba and the Shiba Sharpshooters, blending storytelling with crypto investment in a unique and entertaining way. This creative approach has already captured the interest of many investors, helping the project raise over $500k in its presale phase.

In addition to its captivating theme, Shiba Shootout offers a range of practical utilities that enhance its value proposition, the most appealing one being its P2E game. Token Governance Roundups allow holders to participate in key project decisions, promoting a sense of community and decentralized governance.

The Posse Rewards system incentivizes community growth through referral bonuses, while interactive features like Campfire Stories and Lucky Lasso Lotteries provide additional earning opportunities. The staking feature, with its attractive returns, further boosts the appeal of Shiba Shootout for long-term investors.

Currently priced attractively due to its presale status, Shiba Shootout presents a unique opportunity for investors to get in early on a project with significant growth potential. As the project continues to develop and achieve its milestones, including exchange listings and the launch of its gaming ecosystem, its value is expected to rise, making it a compelling investment choice for those looking to diversify their crypto portfolios with a promising ERC-20 token.

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Tether – Most Popular Stablecoin Based on the Ethereum’s ERC-20 Token

Tether is a stablecoin that is pegged to the USD meaning that it is meant to keep its value stable which must be equal to $1. Stablecoins are designed for this purpose – to not be affected by the volatility of cryptocurrencies and to have a consistent value. To make this a reality, they are backed by other assets which can be gold, dollar, euro, and other assets including even cryptocurrencies. Tether was among the first stablecoins. It was founded in 2014 and initially was named Realcoin but soon it changed its name to Tether. 

Though several other stablecoins emerged over the years, Tether still remains the most popular among them: it is the first largest stablecoin and the third largest crypto by its market capitalization. Plus, Tether has an excessive daily trading volume which often exceeds all the other cryptocurrencies. But how can Tether be a good investment if you can’t benefit from it as its value is almost always $1? 

Tether is not actually an investment but holding this stablecoin can give you a bunch of advantages. Tether’s native token, USDT, is used for diverse purposes. First of all, if you want to store your funds through cryptocurrencies, Tether is always a good choice as it does not have the volatility of other cryptocurrencies. Additionally, Tether is an excellent way for peer-to-peer money transfers as you can send it in a fast and cost-effective way through Tether. 

Another great thing about holding Tether is that it is listed on most leading cryptocurrency exchanges and you can buy it in advance to later exchange with another cryptocurrency. And finally, though you can’t make money by buying and selling Tether you can earn interest rates by lending your USDT tokens and there are multiple platforms that support Tether lending. 

Buy Tether

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Ethereum – Most Popular ERC-20 Token that Merges with the PoS Layer

Ethereum is the second largest cryptocurrency in the world and probably the reason for the existence of the other cryptocurrencies included in our top ERC-20 tokens list. This is because most of the popular cryptocurrencies are built on top of Ethereum’s platform and use its ERC-20 token standard. Hence, Ethereum is the most popular token among them and also the most expensive one. 

The project was founded in 2014 by Russian-Canadian computer programmer Vitalik Buterin, who was first known as the co-founder of Bitcoin Magazine. But Vitalik thought that he can use the idea of decentralization and blockchain in other areas too other than as a peer-to-peer payment system. Hence, Ethereum was founded which offers a smart-contract-based platform that developers can use to build decentralized applications, new tokens, and blockchain games. 

Ethereum’s native token – Ether (ETH) powers the network and is used to pay for gas fees that are charged when conducting transactions on the platform. As Ethereum’s blockchain initially used the Proof of Work consensus mechanism ETH is mined similarly to Bitcoin. However, the DeFi project has just transitioned to the Proof of Stake protocol – an event that is most popular as The Merge. 

The PoS consensus mechanism changes the way how new ETH tokens are minted. Now, network participants must stake their ETH tokens to contribute to network safety and thus add new blocks and get rewarded for that. If a user wants to become a network validator, they must be ready to lock a certain amount of their tokens for a certain time and be selected by the network as a validator. 

Buy Ethereum

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Manta Network – ERC-20 Token Powering a Modular Web3 Ecosystem

The Manta Network token is the best ERC-20 crypto to buy this year for those looking for a more innovative project to get behind.

It’s modular ecosystem makes the creation of web3 applications simpler. Furthermore, it combines Manta Pacific and Manta Atlantic – L2 and L2 chains, respectively – to deliver a development environment that is faster and has lower gas fees.

Helping with its creation are four technological stacks, namely Celestia, Polygon, OP Stack, and Polkadot. This multi-chain approach allows it to pool the strength of multiple technologies, which makes it an app-agnostic ecosystem focused on easy development, speed, and cost-efficiency. 

Being a recently released token, this project has seen immense growth as soon as it launched, partly because of the rapid exchange listings. However, its features are futuristic, which makes it an ERC-20 token with long-term upsides.

Buy MANTA

Basic Attention Token – Ethereum-based Crypto Project in the Field of Advertisements

Basic Attention Token is another excellent ERC-20 token that is worth considering. Built on top of Ethereum’s platform, BAT combines web browser and blockchain technology to accomplish the fair distribution of money between advertisers, publishers, and consumers. The project was founded by the co-founder of Mozilla and Firefox Brendan Erich and introduced its white paper in 2021. However, in 2017 BAT token went into the initial coin offering during which it sold a billion tokens in just 30 seconds. 

What is the purpose of the Basic Attention Token and how does it work? The token is utilized by the web browser called Brave. It tracks the experience of publishing advertisements and how consumers watch these ads. Based on the data, it distributes BAT tokens between publishers who deliver these ads, consumers of the content who also watch ads, and advertisers. Hence, the idea of the project is to make digital advertising suitable for all three parties and fairly distribute rewards between them. 

Though the Basic Attention Token is quite new in the market, it has already garnered huge popularity. There are millions of daily users of the web browser, Brave and it has over 10 million daily users. The BAT token is also quite popular. It is among the 100 largest cryptocurrencies by its market cap which is worth almost $455.5. The maximum supply of the token is 1.5 billion BAT tokens, 99% of which are in circulation.

Buy BAT

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Uniswap – Popular ERC-20 Token Powering a Widely Used Decentralized Exchange

Uniswap is the first and the largest decentralized exchange built on the Ethereum blockchain. It is a decentralized platform where users can buy and sell cryptocurrencies but without the interference of any party. The transactions are not controlled by a single entity or financial institution and they are managed through codes. Founded by Haden Adams and launched in 2018 Uniswap managed to quickly become a leading exchange and attract several users. 

Uniswap does not work by matching buyers and sellers with each other. Instead, it uses a collection of liquidity pools from where users can buy and sell tokens. As Uniswap is an ERC-20 token and is built on Ethereum, it can only support trading cryptocurrencies built on the Ethereum platform. Hence, you can find all the ERC-20 tokens on this exchange and buy or sell them quickly and easily.

But who provides liquidity to these pools? Uniswap’s network has liquidity providers who are ordinary people wanting to lock their assets in those liquidity pools. To become a liquidity provider they must lock two different tokens in the same value. For locking their tokens, providers get rewarded with a portion of the trading fees and UNI tokens. 

UNI is the native token of the Uniswap network which is a governance token. It means that users holding UNI tokens have a word to say regarding the development of the project and vote on the changes about Uniswap. It is also used to reward the UNI holders and liquidity providers and to buy any asset on the Uniswap ecosystem. 

During the launch of Uniswap v2 which occurred in September 2022, the Uniswap team airdropped 400 UNI tokens to everyone who has conducted transactions on its platform. UNI is currently the 20th largest crypto by its market capitalization with a market cap of more than $4 billion. It has a maximum supply of 1 billion UNI tokens most of which are already issued. It means UNI can increase its value after the recovery of the crypto market or once it attracts huge attention.

Buy Uniswap

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Chainlink – Successful ERC-20 Token that Aims to Boost the Ethereum Ecosystem

Chainlink is one of the most important projects that is built on Ethereum and is vital for Ethereum. It provides real-world data to facilitate smart contracts running on Ethereum. Chainlink is the connector between the outside world and the smart contracts which provides the data through so-called oracles. The project has a history of more than 5 years. It was founded in 2015 by a company called Smart Contract.

The co-founders of the project Steve Ellis and Sergey Nazarov published its white paper in 2017 after which they conducted an initial coin offering for its native token – LINK. The team managed to sell 35% of the tokens and raise capital of $32 million. The maximum supply of the Chainlink token is 1 billion LINK coins. Almost 50% of the tokens are already issued which is equal to 491.6 million coins. One LINK token is equal to $7.2 which makes the cryptocurrency 23rd largest crypto by its market cap.

In fact, LINK is extremely important for Chainlink as all the transactions are conducted in it. To understand this, you need to know how the network works. As smart contracts are the basis of the Ethereum project and everything is built using them, they must contain a lot of data. Hence, these smart contracts most often rely on data from the outside world. And Chainlink helps to get this data through oracles. The process happens through three steps.

First of all, oracles providing a certain type of data are linked to the users who need this data. Users lock some of the LINK tokens in the smart contracts which are followed by providing the data from the oracles. Oracles must provide the data accurately as they get scores for their job which determines their reputation. They also get rewarded with the LINK token.

Buy Chainlink

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OmiseGo – ERC-20 Token Offering Fiat-to-crypto Acceptable Decentralized Exchange

OmiseGo is another promising ERC-20 token to consider investing in right now. It started in 2015 to explore and find out ways to make it easier for the different payment platforms to process money transfers. One of the tools that the project uses is the decentralized exchange where you can make fiat-to-crypto and crypto-to-crypto transactions. 

It also provides the Software Developer Kit tool that enables anyone to build simple digital wallets on the platform without knowing too many things about doing it. As the platform is built on the Ethereum blockchain it uses the Proof of Stake consensus mechanism and allows its token holders to stake their coins and be rewarded with its native token – OMG.

OMG is a vital token for the OmiseGo network as users must pay in OMG tokens to use the service of its blockchain. It is also used to lock by validators and by those who create contracts and for rewarding them. In case of not do their job properly, OMG tokens are refunded and sent to an address where they can’t be used. It means that the number of OMG tokens can be decreased over time making OMG a scarce cryptocurrency.

Buy OmiseGo

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What Are ERC-20 Tokens?

As Ethereum is a programmable blockchain network, developers can build other tokens and crypto projects on its platform. ERC-20 is a technical standard that is used on Ethereum’s blockchain. Hence all the tokens that are built on through Ethereum, are technically called ERC-20 tokens. These tokens are fungible which means that you can exchange them with any ERC-20 token on the Ethereum blockchain. So you can swap LBLOCK with ETH, or LINK with the OMG, etc. 

The first ERC token was, obviously, Ethereum’s Ether, which was created in 2015 after which a lot of other ERC-20 were created on its platform and there are more than a thousand ERC-20 tokens right now. These tokens power different DeFi sections: from decentralized apps offering real-world solutions to blockchain games that incorporate P2E features to help you earn money while playing.

Are ERC-20 Coins a Good Investment?

First, one of the reasons to invest in ERC-20 tokens is that all of them are built on the Ethereum blockchain which is safe, decentralized, and scalable. Additionally, the Ethereum team works on improving its platform consistently and one of the examples is Ethereum’s transition to a more environmentally-friendly consensus mechanism called Proof of Stake. 

Another great advantage is that all these tokens can be swapped between each other which can be an excellent feature for the traders. If you hold ETH tokens you can easily and quickly swap them with another ERC-20 token whenever you think it’s the right time to invest in it. This world also opens up to you a wide selection of assets that power different sections of decentralized finance. You have a lot of options of promising and affordable assets which will also enable you to build a strongly diversified crypto portfolio.

So, the bottom line is that ERC-20 tokens are certainly a good investment right now. The Ethereum blockchain is the largest and most effective system for smart contracts, which is not likely to change in the near future. But still, you need to be careful with all of your investments and never put at risk the money you will need after a short time. Plus, you need to do your own research before you purchase any ERC-20 token and consider the risk of losing money and crypto volatility.

Readers may also be interested in our guide to the best BSC tokens (Binance Smart Chain coins, on the BEP-20 token standard).

How to Buy ERC-20 Tokens – Step by Step Tutorial

If you are interested in buying ERC-20 tokens, you need to find a good cryptocurrency broker with a cost-effective pricing structure and abundant trading tools. eToro is our most recommended broker to buy ERC-20 tokens in 2024. According to our analyses, it stands out with an excellent safety policy, functionality, and low trading fees. Here is a complete guide about how you can buy ERC-20 tokens with eToro. 

Step 1: Create an Account with eToro

Visit eToro’s website and create a free account if you do not have one yet. The details you must fill in during the registration process include your name and surname, email address, phone number, etc. Plus, you will need to answer some questions about your trading plans and incomes that eToro asks when signing up. 

Once your account is created, you need to get into the process of verifying it. Here you must undergo two types of verifications. Hence, you must provide proof of your identity, which can be a copy of your passport or ID, and a proof of address which can be a utility bill, etc.

Step 2: Deposit Funds

To start trading you will need to have money in your account. As the minimum deposit to start buying cryptos on eToro is $50. You can deposit this money through a bank transfer option, or select a faster method of chagrin which can be a bank card or an e-wallet. 

Step 3: Search the ERC-20 Token 

Once your account is ready to invest in ERC-20 tokens, you can start trading. First, decide which ERC-20 token you want to buy and search its name in the appropriate toolbar. You can also visit the cryptocurrency section on eToro and select which ERC-20 tokens you want to purchase. If you click on a token you will navigate to a separate page about that token where you can find a lot of useful information. 

Step 4: Buy ERC-20 Token 

You can either buy the ERC-20 token immediately or you can take your time and explore its price experience through the graphs and tools provided on the eToro’s platform. As soon as you decide to buy the coin, open the buy window and fill in the number of coins you want to purchase. Give the last check to make sure you filled in everything correctly and place the order to buy tokens. 

Update – As of 2024, the only cryptocurrencies eToro users in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.

Conclusion

In a nutshell, due to the popularity of the Ethereum blockchain, most cryptocurrencies are created using its platform. These tokens are known as ERC-20 tokens as they use the ERC-20 token standard. In this guide we have explained what the ERC-20 tokens are and whether they are a good investment right now. 

We have also introduced top ERC-20 tokens to buy for 2024 which, according to our research, introduce serious and innovative solutions into the DeFi world. Our top recommended ERC-20 token is Pepe Unchained which is a newly launched project with major AI-driven mechanics. Many of the ERC-20 tokens in our list are supported by eToro. 

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