Best IDO Crypto to Buy – What is a Crypto IDO?

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

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:

Dogeverse – Leading Multi-Chain Crypto In its IDO Phase

Dogeverse ($DOGVERSE) is one of the best IDO cryptos to buy this year. It combines the fun of meme coins with the stability of bridging technology. It is the first truly multichain meme coin, gaining attention by being listed on all the biggest blockchains.

The fresh take on the iconic Shiba Inu dog, the Dogeverse coin features Cosmo the Doge as its mascot, which happens to be a very engaging take, bringing the fans of all the Doge base coins’ fans together.

The Dogeverse coin features interoperability across major networks, including Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.

For those who are looking to become a part of a multi-chain community can take part in the Dogeverse presale on thedogeverse.com.

Visit Dogeverse

WienerAI – Leading AI Meme Coin IDO

WienerAI ($WAI) is rapidly emerging as one of the most promising and highly-anticipated IDO (Initial DEX Offering) crypto projects to buy into in 2024. This groundbreaking initiative has captured the imagination of investors by ingeniously combining the cutting-edge world of artificial intelligence with the lovable characteristics of man’s best friend and the universally appealing concept of sausages – all fused into one unique “cyberentity.”

The project has already generated significant buzz with its innovative multi-phase presale approach, directly conducted on the WienerAI website. A total of 30% of the token supply is allocated to this presale, with token prices incrementally increasing with each phase to incentivize early investment. Furthermore, those who participate are rewarded with lucrative daily staking rewards, providing an additional incentive.

What truly sets WienerAI apart is its strong use case revolving around building a passionate and engaged “Sausage Army” community. This community will play a pivotal role in guiding the platform’s future development, upgrades, and evolution, fostering a sense of ownership. 

Backed by audited smart contracts, a clear roadmap towards DEX and CEX listings, and an incredibly novel approach that seamlessly blends blockchain utility with engaging themes, WienerAI stands out as arguably the most intriguing IDO opportunity of 2024.

The ongoing WienerAI IDO presale has raised $371,686 in USDT out of the $702,866 goal. The current price is $0.0007 per $WAI token. Purchase options include ETH, USDT, and card payments. Early investors earn daily staking rewards.

Visit WienerAI

Mega Dice – Popular Casino Ecosystem Introducing its Own Token

Mega Dice is currently one of the most popular names in the crypto casino space, having recently launched its native token, DICE, which is still in its presale phase. The crypto token is already being touted by many as a top gainer, especially amidst the recent boom surrounding crypto casinos. The DICE token is designed to govern an ecosystem offering over 4000 games from top providers, along with 50+ sports and esports betting options.

With over $50 million in monthly wagering and more than 50,000 players, the platform has already gained significant traction and is widely embraced. The token is speculated to be successful due to this established track record, suggesting that the project’s massive and successful launch could translate into success for the token as well.

DICE token holders will have the opportunity to receive NFTs and early bird bonuses simply by participating in the IDO. Additionally, the token will create a daily rewards system where a portion of the casino’s winnings will be distributed among the players. With staking options and a complete security audit already conducted, the DICE token presents an excellent IDO opportunity for investors seeking to invest in a high-potential token with a ready product that is already being utilized by its audience.

Visit Mega Dice

99Bitcoins – Trending IDO with a Learn-to-Earn Concept

Another cryptocurrency that’s doing the rounds is the $99BTC token from 99Bitcoins. The 99Bitcoins platform started as a cryptocurrency education platform and has diversified ever since.

Users on the 99Bitcoins platform will be rewarded with $99BTC tokens as they learn and educate themselves about cryptocurrencies on the 99Bitcoins platform. For users, who are willing to learn more about the crypto industry and get rewarded for the same, the platform is a goldmine of an opportunity.

99Bitcoins is one of the oldest and most trusted names in the crypto education industry. After the presale is over, they are planning on investing and building the 99Bitcoins platform.

The new offering, $99BTC launched on the Ethereum blockchain as an ERC-20 token, and is set to transition to a BRC-20 token. With a strong social media presence, the token is already quite popular and enjoys credibility amongst crypto enthusiasts.

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Slothana – Crypto IDO of a Solana-based Meme Coin

Slothana is a limited utility meme coin that has burst onto the crypto scene with its flashy imagery, limited fundamentals, and blatant honesty about what it is.

Released shortly after Slerf became one of the best meme coin gainers after its developer accidentally deleted all the liquidity tokens meant for presale investors, Slothana takes inspiration from Slerf. However, there are no long-term prospects for this token, and none of its perks will entice long-term investors.

However, those looking to generate more gains within a short amount of time should consider investing. This IDO is coming at a time when the interest in Bitcoin is high and memecoin mania is nigh. Even though there are limited perks of this token, it is the excitement that counts, and Slothana has the right recipe to bank on it.

This meme coin is currently available as a presale with a model similar to an airdrop. Upon sending SOL to the address mentioned on its official website – slothana.com – investors will receive 10,000 Sloth for every SOL sent.

Even though the token is limited in terms of utilities, it is high in terms of viral potential. Those willing to become degens should consider investing as it may go live on any DEX at any time.

Visit Slothana

5th Scape – Exploring the Potential of Augmented and Virtual Reality in Blockchain

5th Scape emerges as a compelling IDO for crypto enthusiasts seeking groundbreaking projects. Rooted in the Ethereum blockchain, 5th Scape (5SCAPE) stands at the forefront of revolutionizing the AR/VR gaming landscape, blending immersive experiences with decentralized finance.

At its core, 5th Scape aims to pioneer the integration of augmented reality (AR) and virtual reality (VR) technologies, creating a seamless ecosystem for gamers and developers alike. By leveraging the power of blockchain, the project introduces novel concepts that transcend traditional gaming boundaries, offering a glimpse into the future of interactive entertainment.

With a comprehensive roadmap encompassing VR game development, hardware innovations, and community-driven initiatives, 5th Scape sets a precedent for innovation within the crypto IDO space. The project’s commitment to compatibility with leading VR hardware ensures accessibility and adoption, laying the foundation for widespread acceptance within the gaming community.

5SCAPE token takes center stage as the primary currency within the ecosystem. Token holders not only gain access to exclusive in-game benefits but also wield influence over project development through governance rights and staking rewards.

In a landscape defined by rapid evolution and technological advancements, 5th Scape represents a beacon of innovation and opportunity. As investors explore the realm of IDOs, 5th Scape stands out as a promising venture, poised to redefine the intersection of gaming, blockchain, and decentralized finance.

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Sponge V2 – Best Memecoin IDO of 2024

Sponge V2 is one of the best memecoin offerings of this year, bringing multiple utilities to investors. The second version of Sponge V1, a popular memecoin that climbed the price charts parabolically during memecoin mania, Sponge V2 is the attempt by developers to give investors another chance to make 100x gains.

The project’s uniqueness lies in the unique way through which it can be acquired. The concept is known as “Stake to Bridge”, which allows Sponge V1 holders to stake their tokens and get Sponge V2 tokens in return. Long-term holders are also properly incentivized, with Sponge V2 delivering them high APY rewards starting at 40%.

The transition from Sponge V1 to Sponge V2 also brings a unique P2E game to the fold. The whitepaper is yet to reveal more details about this game. However, the information available indicates that there will be two gameplay modes – Web 2 and Web 3. Sponge V2 will be the main mode of transaction within the ecosystem.

So far, over 600 million Sponge V1 tokens have been staked, and the estimated reward rate stands closer to 2000%. While the reward rate will decline when more tokens are staked, there is no denying that the presence of P2E and staking will give Sponge V2 long-term upsides, making it a suitable crypto IDO to support.

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Smog – Leading IDO With a Growing Popularity

Embracing the slogan “Survive the fiery flames of SMOG,” $SMOG introduces enthusiasts to ‘The Dragon’s Court,’ an exclusive crypto community with aspirations for unmatched virality in the meme coin domain. The community promises interactive, thrilling multi-airdrop campaigns, turning user engagement into a gamified experience.

Participation involves acquiring and holding $SMOG, and accumulating airdrop points for future incentives, the specifics of which are currently undisclosed, creating an air of anticipation among investors. In addition, $SMOG holders can benefit from a community bounty, adding an extra layer of allure to retaining their investment.

The tokenomics of the Smog project reveal a dedication to achieving viral success through its airdrop campaign. A substantial 50% of the supply is allocated to marketing, reflecting the team’s ambitious objectives. Furthermore, 35% of the supply is reserved for future airdrop rewards, hinting at enticing prizes.

With a strategy geared towards diminishing circulating supply, the SMOG token seems poised for a more robust entrance compared to earlier Solana meme coin surges like BONK, which managed to witness an impressive +800% YTD increase despite recent retracements in less than a single month. In fact, the increasing popularity of the token resulted in the developers coming up with an idea for an ETH bridge.The project is currently available on the Jupiter DEX and investors anticipate potential listings as the project gains more recognition.

The project’s roadmap outlines future milestones, including the introduction of staking and potential burn mechanisms, suggesting forthcoming airdrop initiatives. The target of accumulating 10,000+ ‘Loyal Chosen’ members is a unique aspect, requiring selection and commitment to the SMOG realm, promising enhanced airdrop rewards for those dedicated to the cause.

Visit Smog

eTukTuk – Best Green IDO Crypto to Invest In

The eTukTuk IDO focuses on bringing about a green revolution with sustainable transportation. This unique AI-powered, sustainable transportation solution strives to revolutionize transportation in developing countries.   

The distinct characteristic of this crypto project is that it uses its native token, $TUK, to power AI-driven crypto advancements. This includes optimizing existing routes, minimizing fuel consumption, and promoting sustainable transportation for a better future.     

eTukTuk also leverages the power of AI and blockchain technology to advance sustainable transportation initiatives in real-time. With a total supply of 2,000,000,000 $TUK tokens, the eTukTuk project has allotted 10% of the total supply to pre-sale. The project currently has an impressive hard cap of $5,693,500.    

eTukTuk is now in the 26th stage of its pre-sale, and each $TUK is priced at $0.0330. This offers an excellent opportunity for investors looking to make the most of the upcoming EV boom. eTukTuk offers great opportunities, and investors must make the most of it and enhance their returns like never before.

Visit eTukTuk

Bitcoin Minetrix – Popular Crypto IDO of 2024

Bitcoin Minetrix is one of the best IDO crypto tokens to buy this year and has drawn interest from crypto enthusiasts worldwide. The platform combines the ideas of staking and mining to provide a tokenized cloud mining ecosystem characterized by safety, low entry barriers, and no upfront payments.

The official whitepaper explains that users can stake the platform’s native $BTCMTX tokens in return for mining credits. The $BTCMTX ERC-20 tokens are non-transferable and are burned in return for mining time or a percentage of the mining yields. To buy and stake BTCMTX tokens, users of Bitcoin Minetrix only need an Ethereum-compatible wallet, such as MetaMask.

Through its novel stake-to-mine concept, Bitcoin Minetrix attempts to address the issue of high hardware prices and misleading scams that have discouraged users from BTC mining. This approach has earned the interest of several investors already. The token raised more than $100,000 in just one day after being announced as a presale.

Bitcoin Minetrix’s presale has a soft cap target of slightly over $15 million divided into 10 phases. Interested investors should eye Bitcoin Minetrix as one of the best IDO cryptos of 2024 and take full advantage of the presale prices immediately.

Visit Bitcoin Minetrix Presale

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 Dogeverse, thanks to its unique concept.

Dogeverse - Multichain Meme Coin

Rating

• Early Access Presale Live Now
• Bridge To Solana, Base, BNB Chain, Polygon, Avalanche
• Staking Rewards - thedogeverse.com
• Trade With Low Fees
• World's First Chain Travelling Doge - Cosmo

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FAQs on Crypto IDO Projects