A crypto IDO, which stands for Initial DEX Offering, is the practice of selling new crypto tokens by hosting them on decentralized exchanges (DEXes). First seen as early as 2013, IDOs are an increasingly popular way of raising funds for the further development of crypto projects, especially as centralized platforms fell out of favor among investors in 2024.
IDO cryptos are a profitable way of getting your hands on the tokens of new crypto projects that might have the potential to boom in the future. However, choosing the right one is not as easy as it may sound.
The crypto industry has been the hottest topic ever since it came into the limelight, and many new crypto projects are released every now and then. In this guide we compare the top IDO crypto projects – and with every IDO crypto listing, we review what the project offers and its future potential.
Upcoming Crypto IDOs – Top List
Here’s a brief look at the best crypto IDOs of this year. You can find a detailed view of each IDO right after this section.
- Pepe Unchained – Upcoming IDO Project With a Growing Community
- Flockerz – Vote-to-Earn Crypto With a Trending IDO
- FreeDum Fighters – Upcoming IDO Boasting an Exciting Politifi Concept
- Best Wallet Token – Leading IDO Project of a Crypto Wallet
- Crypto All-Stars – Meme Coin IDO Paying Homage to Top Meme Assets
- Shiba Shootout – Cowboy-Themed IDO with Many Features
A Detailed Look at the Best IDO Crypto Projects
We’ve explored the following top IDO cryptos in detail to bring you this comprehensive guide, including their goals and future potential:
Pepe Unchained – Upcoming IDO Project With a Growing Community
IDOs can often be profitable, but they usually end up being more worthwhile if the project in question is speculated by a huge community to blow up. Pepe Unchained, a brand new project in the memecoin space, seems to be the top pick among investors when it comes to high-potential projects. Currently still in its presale phase, the project seems to be growing in popularity within the memecoin space, especially among the Pepe community.
Pepe was launched in 2023 and has since become one of the biggest memecoins in the space with a massive community. Pepe Unchained, on the other hand, is less than 2 weeks old and has been launched with the idea of being an enhanced version of Pepe. Naturally, there have been mixed reactions, but most of it seems to be positive since investors are excited about there being a high-potential Pepe-themed project being added to the ecosystem.
Pepe Unchained follows a theme where the project mascot is shown as chained to his old and rusty blockchain. Then eventually, he manages to free himself and adopt Layer 2 technology, essentially enhancing the ecosystem as a whole. With Layer 2 technology, Pepe Unchained manages to create a space where transactions are faster, inexpensive, and offer instant bridging between ETH and Pepe Unchained. The project will also boast its own blockchain explorer—something which investors have appreciated widely across social media.
Currently priced at around $0.008, the token is likely to see a massive surge in value when it launches on decentralized exchanges, given its current demand. So if one is looking to park funds into the PEPU token, then right now may be the best time to do it.
Flockerz – Vote-to-Earn Crypto With a Trending IDO
When it comes to IDOs, the best way to look for projects is to find initiatives that have the right amount of hype, trending design interface and a high potential concept- all of which the Flockerz project claims to boast. In its presale phase, the project has been gaining traction not just because of its promising financial potential, but also because of its engaging backstory.
The storyline of Flocktopia introduces “King birb,” who relinquishes his centralized power, leading to the rise of a decentralized governance model. This transition serves as a metaphor for community empowerment, attracting individuals who value the concept of collective decision-making.
Visually, Flockerz brings its storyline to life through a comic-style design, making the project both accessible and relatable to a broad audience. This unique style helps draw in those who enjoy the lighter side of crypto while emphasizing the value of decentralization. The art isn’t just decoration—it effectively conveys the purpose of the project, tying the community into the broader narrative.
Built on Ethereum and Binance Smart Chain, Flockerz combines security and cost-efficiency, making it accessible to a wide user base. Its “Vote to Earn” mechanism encourages users to participate in governance decisions, offering them rewards in return, which is a refreshing break from the typical memecoin formula.
High staking rewards, with an APY exceeding 7000% for early participants, add to the project’s appeal, offering tangible benefits beyond mere speculation. Given its current popularity and concept, this IDO should definitely be one that investors add to their watchlists this season.
FreeDum Fighters – Upcoming IDO Boasting an Exciting Politifi Concept
With its combination of a trending political theme and interactive features, FreeDum Fighters offers early investors a chance to get in before the token launches on major decentralized exchanges. While its presale is still ongoing, those who participate now can benefit from acquiring tokens at a lower price, positioning themselves for potential gains when it goes live. The project, despite its very recent launch, seems to have amassed a huge community already, which is likely contributing to the growing popularity of the project.
Instead of following the typical memecoin route, FreeDum Fighters uses a political satire approach that taps into the global buzz around the upcoming U.S. elections. Characters within the project are also created in a similar theme, making even checking out the website exciting for investors.
This gives the project a timely and relevant edge, drawing attention from those looking to invest in a token that connects with real-world events. The project’s central storyline features fictionalized characters inspired by political leaders, but with an exaggerated twist, adding humor to an otherwise serious topic. This theme, combined with its relevance to global discussions, makes FreeDum Fighters stand out as an exciting project for the near future.
Beyond its theme, FreeDum Fighters offers practical utilities that make it more than just a hype-driven token. Its staking system allows users to back their favorite character and earn rewards based on the popularity of their pick, introducing a competitive element for investors. Additionally, the debate-driven rewards keep the community actively involved, with DUM tokens offered for participating in weekly discussions. These features provide continuous engagement, keeping the community tied to the project beyond just price speculation.
As the IDO phase continues, FreeDum Fighters’ mix of a globally relevant theme, strategic utilities, and interactive community elements positions it as a prime candidate for success once it hits exchanges.
Visit FreeDum Fighters Presale
Best Wallet Token – Leading IDO Project of a Crypto Wallet
Another suitable IDO that has made rounds as one of the best to have arrived this year is the Best Wallet Token, or BEST. This token is native to Best Wallet, a multi-functional crypto wallet that has established itself within the crypto community through its multi-faceted features and supporting multiple chains. In terms of perks alone, the wallet goes well beyond what standard wallets provide, and BEST is the token enabling it.
Best Wallet Token is an ERC-20 asset that will unlock several other features that Best Wallet has planned. For one, it will help reduce the transaction fee, allowing users to retain most of their profits. Secondly, it will give users access to higher staking rewards, making passive income generation more appealing.
The third and the most important feature, however, is how it will help users use the Upcoming Tokens feature. This particular feature will let investors select early projects that are yet to be revealed to the public.
These features have resulted in the token making major waves across the crypto space and raising upwards of $250k during the private sale. It is likely that the project will continue to grow. Furthermore, while the current hardcap has been set to $10 million, 25% more tokens may be unlocked for the public if the demand continues to rise.
Visit Best Wallet Token Presale
Crypto All-Stars – Meme Coin IDO Paying Homage to Top Meme Assets
Bringing the top meme coins together through a staking utility is the latest IDO known as Crypto All-Stars. This project encompasses all the positive traits of the meme coin ecosystem – good memes, interesting artwork, and a use case that could potentially give it long-term upside.
The staking perk of this meme coin project is different from the standard presale staking, even though that’s still present. Here, Crypto All-Stars has conceptualized a MemeVault, a unique staking interface that lets top meme assets such as Dogecoin, Pepe, and others be staked and generate APY rewards in terms of STARS tokens.
This unique factor could weave the community together through profit, while providing a long-term upside since how STARS performs will then directly depend on how the community perceives major meme coins on the market.
The IDO has arrived as a 50-staged presale, giving investors ample time to participate. However, considering that over $350k has been raised already, the presale will likely conclude before the beginning of the fourth quarter of 2024. Therefore, those interested should consider acting now.
Shiba Shootout – Cowboy-Themed IDO with Many Features
Shiba Shootout is a multi-utility asset and one of the best IDOs this year. It has a total supply of 2.2 billion tokens, out of which it has offered 35% to the presale. While it may appear that this project has some centralized designs, in reality, it is a community-based crypto ecosystem designed to capitalize on the popularity of Shiba Inu memes and cowboy themes.
The project has massive viral potential, being a dog-themed token. But its true value is seen in its host of perks that focus on bringing the community together through investment and meme-based stories, staking, saving, and gaming.
Such factors have allowed it to raise more than $500k so far. Investors are still lining up to invest in this project as we speak. More use cases may emerge, and the project may evolve even further. For now, it is prudent to keep tabs on this IDO, as it will likely explode once it goes live on the price charts.
Investors interested in this promising project should visit shibashootout.com to participate.
What is a Crypto IDO?
Understanding an IDO is as crucial as knowing the best crypto IDO platform. As we’ve already discussed the best IDO crypto platforms, let’s move ahead with what a crypto IDO is.
IDO or Initial DEX Offering is a crowdfunding method where the new crypto token or coins gets introduced on the DEX (decentralized exchanges) to raise capital. The funds will further be used in the development or marketing side of things for the project.
IDOs allow people to buy the tokens at a relatively lower price before they are listed on the centralized exchange platforms like Coinbase or Binance.
How Does a Crypto IDO Work?
The working of a crypto IDO is quite straightforward. Firstly, a fixed number of tokens will be allotted on the platform at a fixed value. Users will then lock the funds in return for their tokens and get them during the token generation event (TGE).
Usually, the tokens get locked up for a shorter period; this entirely depends on one project to another and typically lasts for months.
The IDOs are available or accessed with the help of decentralized exchange launchpads such as TrustPad. These fundraising platforms are specifically designed for early-stage investors that promise safety and temporarily maintain the raised funds.
IDO VS ICO
IDO and ICO may appear similar, but they certainly aren’t. Here’s how you can differentiate between them.
ICO stands for Initial Coin Offering. This is also a fundraising technique where a company willing to raise funds to build an app or coin can do it by launching an ICO.
Unlike IDO, the fundraising gets conducted by the project that is launching the ICO, i.e., the company itself.
When it comes to the ICOs, they offer a greater number of tokens for lesser money and are usually private and seek investors with larger capital. Also, the investors must wait for a listing on an exchange to then buy cryptocurrency tokens they are interested in, as they are not immediately available with ICOs.
Here are a few notable benefits of IDOs over ICOs one must consider:
- Lockup period— There are no lockup periods when it comes to IDOs, and instant tradings can be done, whereas ICOs come with a vesting time that may last up to months
- Liquidity— There’s enough liquidity with IDOs that allows for trading immediately as they are listed on exchanges
- Listings— IDOs tend to save a lot of raised funds as they get listed on the decentralized exchange and do not have to spend on exchange listing like ICOs, which later cost hefty amounts
How to Find the Top New Crypto IDOs
Looking for the best IDO crypto can be a daunting task. However, the following are a few things that you can look after while seeking the best IDO crypto:
- Utility – This is one of the most critical factors that one must consider while choosing the IDO crypto. A project must solve a problem and provide additional value that existing projects aren’t offering.
- Investors – It’s always good to keep an eye on whether famous personalities or organizations have shown interest in an ICO. Mainly because well-known investors involved in any project indicate that the project may lead to future success.
- Whitepaper – This one may come out as pretty obvious, but it can be an effective way of leading to the right crypto IDO. Every project comes with a whitepaper that demonstrates how the project works.
Leave behind any crypto IDO projects that don’t have a clear strategy for achieving their objectives. However, a project that clearly explains its working, strategies, and tokenomics may have high potential.
Are IDO Cryptos a Good Investment?
Defining IDO cryptos as good or bad investments might not be the right way as every IDO crypto is distinctive and brings different values onto the table.
Below are a few reasons why IDO cryptos are a good choice:
Low Cost
Usually, the IDO crypto tokens get traded at a relatively lower price as a gesture to reward the investors. This is one of the best ways of making money from crypto in an early-stage project.
However, it’s advised to DYOR (Do Your Own Research) before investing and acknowledge that the token’s price can even fall below its initial IDO value. Also see our guide to the best cheap cryptos.
First Mover Advantage
Often participating in a crypto IDO rewards you if you are one of its early investors. You can acquire the asset at a fairly lower price, which can be lucrative in the coming future.
But, this will only happen if the demand for the asset shoots up following its launch. Things can go down the hill if there is no demand.
Accessibility
IDOs are much more accessible when compared with ICOs. They open the doors for a common person to invest in the projects; even the basic knowledge around crypto and how DEX works would be enough to get started.
Conclusion
The above-listed IDOs are some of the most promising projects that may even turn out to be more profitable in the coming times. However, it’s always safe and recommended to conduct research about a project before investing, as the prices may fluctuate.
Our top IDO pick is Pepe Unchained, thanks to its unique concept.
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FAQs on Crypto IDO Projects
What is an IDO in Crypto?
IDO is short for Initial Dex Offering. It comes when the asset becomes available on the DEX for the first time.
Is it wise to Invest in IDO?
Any crypto asset has investment risks. However, IDOs can be a great investment, depending on your needs.
How to get IDO?
You can browse IDOs through TrustPad, or gain awareness of them through social media platforms.
What are the best crypto IDOs this year?
The assets we have listed include some of the most promising IDOs set to take place on DEX platforms this year. The IDO that we are the most bullish on is Pepe Unchained, which could be due for massive gains in the upcoming months.
