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

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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.

  • Green Bitcoin – Green Crypto IDO of the Year
  • Dogecoin20 – The Premier Meme Coin IDO of 2024
  • Smog – Leading IDO With a Growing Popularity
  • Bitcoin Minetrix – Popular Crypto IDO of 2024
  • Sponge V2 – Best Memecoin IDO of 2024
  • 5th Scape – Exploring the Potential of Augmented and Virtual Reality in Blockchain
  • eTukTuk – Best Green IDO Crypto to Invest In

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:

Green Bitcoin – Green Crypto IDO of the Year

The leading cryptocurrency of the year is an IDO that is using the same marketing points as the world’s leading crypto, Bitcoin, but is changing the narrative by providing a robust utility and a greener ecosystem.

Green Bitcoin Best crypto presale

Green Bitcoin has the same token supply as Bitcoin. But that’s where the similarities end. The project introduces a novel staking mechanic that establishes a new utility known as P2E or Predict-to-Earn.

Under this utility. Green Bitcoin will organize Bitcoin price prediction competitions every 24 hours; those who stake their GBTC tokens can put their price calls on where Bitcoin will land over the course of the next day. Those who guess correctly will receive bonus returns.

Green Bitcoin has also taken a different approach to the standard staking utility. Not only will users receive regular returns, but they will also be able to acquire bonuses based on their staking durations.

Those who want to learn more about this crypto should visit greenbitcoin.xyz.

Visit Green Bitcoin

Dogecoin20 – The Premier Meme Coin IDO of 2024

Dogecoin20 is rapidly emerging as one of the best IDO cryptos to buy into after raising over $1.3 million in its ongoing IDO sale hosted on its own DEX platform.

Dogecoin20 best alternative to BOME

As a meme coin inspired by the iconic Dogecoin, Dogecoin20 pays homage to its predecessor while introducing major innovative upgrades. It drives token scarcity with a hard maximum supply cap of 140 billion DOGE20 tokens. Dogecoin20 has also pioneered a first-of-its-kind staking mechanism allowing holders to earn up to 2,547% APY on their staked tokens currently – a lucrative incentive rewarding early supporters. 25% of the total token supply is allocated to the IDO raise.

Beyond just being a meme token, Dogecoin20 aims to channel the fun, community-driven spirit of Dogecoin while adding real-world utility like funding charities and high-impact social initiatives aligned with its “Do Only Good Everyday” philosophy. The project’s roadmap outlines the immediate next steps as launching the staking rewards program, the DEX liquidity pool for trading, and an aggressive marketing campaign. With its novel tokenomics design balancing token distribution between the community and ecosystem development, Dogecoin20 is rapidly solidifying its position as the best IDO crypto for meme coin investors to buy into.

Visit Dogecoin20

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.

SMOG

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

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.

Bitcoin Minetrix

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

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.

Sponge V2 Long-term token

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.

Visit Sponge V2

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.

5th Scape

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.

Visit 5th Scape

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.   

eTukTuk

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

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 Green Bitcoin, thanks to its unique gamified staking.

Green Bitcoin - Gamified Green Staking

Rating

Green Bitcoin
  • Contract Audited by Coinsult
  • Early Access Presale Live Now - greenbitcoin.xyz
  • Predict To Earn - Featured In Cointelegraph
  • Staking Rewards & Token Bonuses
  • $6+ Million Raised
Green Bitcoin

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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 Green Bitcoin, which could be due for massive gains in the upcoming months.