10+ Fastest Growing Cryptocurrency Projects of 2024

The cryptocurrency industry is clearly growing at an immense pace and has gained most of its momentum in the past couple of years. Since blockchain technology and the potential of cryptocurrencies have become more mainstream, the demand for projects that materialize utility has increased and is reaching a wider audience too. However, it cannot be stated that one can blindly buy any crypto and hope to earn profits in the future.

Depending on the market trends, conditions and use cases, projects emerge and fizzle out every now and then. However, one of the best times to follow and invest in cryptocurrencies is when they are in the process of growing and becoming known to the wider community. Thus, growing cryptocurrencies essentially end up being some of the wisest and most profitable assets for a majority of the investing citizenry.

In this guide we have compiled a list of the fastest growing cryptocurrencies that would be a profitable addition to anybody’s portfolio if they are looking to invest in assets that could potentially shoot up in terms of price.

Fastest Growing Cryptocurrency Tokens – Overview

Fastest Growing Cryptocurrencies – Full Reviews

While some of the projects above are new and some are well-established with a large market cap, all have a high potential for growth. Here is a detailed review of each of our picks for the fastest-growing cryptocurrency projects:

Dogeverse – Trending Memecoin Likely to Explode After Launch

Dogeverse may be on the brink of transforming the memecoin sector with its highly anticipated presale, positioning itself as one of the fastest growing projects in the crypto universe. At the heart of Dogeverse’s appeal is Cosmo, a dog with the mythical ability to traverse blockchain galaxies, capturing the imagination of investors and crypto enthusiasts alike. This lore, that the project revolves around has been embraced by the community as well, which is another reason why the investors speculate the token to be a success upon launch.

This project’s architecture spans across major chains including Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base, providing unprecedented flexibility and potential for growth. As Dogeverse nears the completion of its presale phase, the anticipation around its launch intensifies, with investors poised to see a significant appreciation in value. The broad network compatibility ensures that Dogeverse tokens offer more than just speculative value—they promise a stake in a burgeoning crypto ecosystem that spans multiple blockchains, enhancing its utility and potential market reach.

At the time of writing, the project is nearing its $10.1 million target, with tremendous pace as investors pour in to get their hands on the token. The project’s strategic positioning, coupled with a solid roadmap and engaging lore, makes Dogeverse a compelling investment opportunity poised for explosive growth post-launch.

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WienerAI – Fastest Growing Meme Coin of this Year

WienerAI ($WAI) has emerged as one of the fastest-growing cryptocurrency projects of 2024. This unique blend of a dog-themed meme coin and AI technology has captured the attention of investors and enthusiasts alike, raising an impressive $370k within days of its recent launch.

What sets WienerAI apart is its presale structure, offering early investors not only a discounted entry price of $0.0007 but also staking rewards exceeding 3000%. However, these rewards are designed to decrease as the presale progresses, creating a sense of urgency and incentivizing early participation.

Beyond its innovative tokenomics, WienerAI has demonstrated a strong commitment to building a vibrant and engaged community. A substantial 20% of the total token supply is allocated for staking rewards, encouraging long-term holding and participation. Additionally, another 20% is dedicated to community rewards, fostering user loyalty and sustained growth.

With its unique value proposition, strategic token allocation, and the rapid traction it has gained since its launch, WienerAI ($WAI) has solidified its position as one of the fastest-growing cryptocurrency projects of 2024, poised for continued success and adoption in the months ahead.

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Mega Dice – Crypto Casino With a Native Token Presale

Mega Dice is capturing the attention of the crypto gambling community with its upcoming presale, rapidly growing as a leading project in the sector. This platform not only entices players with classic casino offerings but also integrates its native token, DICE, enhancing user engagement and investment opportunities.

The low token supply of 420 million promises substantial upside potential, making it an attractive buy before the anticipated price surge post-launch. The use of DICE tokens streamlines transactions and integrates users into the platform’s financial ecosystem, offering them a slice of the house’s earnings through a novel rewards system.

Moreover, Mega Dice’s commitment to transparency and security, highlighted by their proactive auditing measures, builds trust and credibility among its users. As the platform continues to expand its user base and enhance its features, investors and gamblers alike are drawn to its promise of a decentralized, rewarding, and secure gambling experience. The presale phase offers a unique opportunity for early participants to be at the forefront of the next big wave in crypto gambling.

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99Bitcoins – Learn-to-Earn Crypto With Massive Potential

99Bitcoins is setting the stage for a surge in growth with its innovative Learn-to-Earn platform, captivating a global audience eager to gain cryptocurrency knowledge while accruing tokens. The project’s presale phase is rapidly attracting investors thanks to its dual promise of education and earnings.

With a robust educational framework, 99Bitcoins empowers its community by providing valuable crypto insights alongside the potential for monetary rewards through 99BTC tokens. These tokens not only serve as an educational incentive but also offer access to premium content, special events, and discounts, ensuring that learners are deeply engaged and financially invested in the ecosystem.

The anticipation for 99Bitcoins’ launch is bolstered by a planned expansion into the BRC-20 standard, promising further integration and utility across blockchain networks. As the platform prepares to move beyond the presale phase, the potential for significant token appreciation post-launch makes 99Bitcoins a standout project for both educational and financial growth in the crypto space.

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Slothana – Fastest Growing Solana-based Meme coin on the Market

Slothana is a meme coin poised to become the fastest-growing meme coin on the market once its current presale concludes. Featuring not-so-unique imagery, Slothana is a meme asset trying to capitalize on the trends of the recent meme coin mania and climb up the price charts parabolically.

And it can do so thanks to the popularity one particular Sloth-based meme coin has received recently – Slerf. Slerf became one of the fastest-growing cryptocurrencies after its presale because of a well-publicized admission of mistake. As support from cryptocurrency exchanges came flooding in, Slerf became the first Sloth-based meme coin (the only one at that point) to reach a $600 million market capitalization.

Even though Slothana can’t use the same mistake to move up on the price charts, Slerf’s reaction has put Sloth-based meme coins on the map. As the second Sloth-based meme coin, this crypto can potentially grow quickly by enticing degen investors looking for risky assets to invest in.

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5th Scape – Fastest Growing Gaming Project of 2024

Certain projects in the crypto space stand out for their rapid growth and potential for exponential success. One such project that is poised to be among the fastest growing cryptocurrency initiatives in 2024 is 5th Scape.

5th Scape is an Ethereum-based project at the forefront of the burgeoning augmented reality (AR) and virtual reality (VR) gaming space. Its ambitious goal is to establish the “world’s first AR & VR ecosystem connecting the smartest minds,” and it has a comprehensive roadmap in place to achieve this vision.

At the core of the 5th Scape ecosystem is the 5SCAPE utility token, which facilitates various interactions within the platform, including purchasing VR games, making in-game purchases, accessing exclusive content, and earning rewards through staking. The project’s innovative approach to integrating non-fungible tokens (NFTs) as in-game assets and collectibles in its upcoming VR game titles, such as Cage Conquest, Epic Cricket Arena, Immersive Kickoff, Archery Master, and Thrust Hunter, has garnered significant attention from the gaming and crypto communities.

The ongoing 5SCAPE presale, which aims to raise up to $15 million across 12 stages, has already generated substantial interest from investors. With a total supply of 5.21 billion tokens and a current presale price of $0.00187, the project presents a compelling opportunity for early investors to capitalize on its growth potential before the intended $0.01 listing price.

Furthermore, 5th Scape’s plans to develop its own VR headset and AR gaming chair once the project gains a foothold in the industry demonstrate its commitment to staying at the forefront of technological advancements in the AR/VR realm.

With its innovative approach, solid tokenomics, and ambitious roadmap, 5th Scape is well-positioned to be among the fastest growing cryptocurrency projects of 2024, attracting significant investment and propelling the adoption of AR/VR gaming experiences powered by blockchain technology.

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Smog – Redefining Success in the Solana Meme Coin Frenzy With 4-Digit Returns

In the midst of the ongoing meme coin fervor in early 2024, SMOG has emerged as the fastest-growing Solana-based token, capturing the spotlight with an unprecedented 1,000% surge on its launch day. Trading on Jupiter DEX, SMOG witnessed a remarkable $1.2 million in volume within the first day, drawing attention from 1,780 traders and amassing an impressive 10,400 unique holders within its initial 48 hours.

Diverging from the common dog-themed meme coins, SMOG introduces a distinctive fire-breathing dragon mascot, drawing inspiration from the iconic Smaug character in The Hobbit. This unconventional approach has resonated strongly with investors, contributing to the rapid growth of the SMOG community.

The project’s tokenomics reflect a strategic allocation strategy, earmarking portions for community airdrops, marketing initiatives, DEX liquidity, and potential listings on additional exchanges. The ambitious roadmap sets the stage for future milestones, including the target of reaching 100,000 unique holders and exploring a token burn protocol.

Endorsements from prominent crypto traders, including Jacob Bury, Matthew Perry, and Crypto ZEUS, have further propelled SMOG into the spotlight, with projections of substantial gains, some as high as 100x. The upcoming airdrop, reserving 35% of the total SMOG supply, valued at $28.9 million, for early adopters adds to the growing excitement.

As the anticipation for the airdrop builds and the SMOG community expands, the token’s trajectory in the competitive Solana meme coin arena appears poised for sustained success, with the potential for explosive growth continuing in the foreseeable future. The token is currently trading for $0.067 and Investors can purchase the token on the official website.

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Sponge V2 – Fastest Growing Memecoin of 2024

Sponge V1, the first version of Sponge, was one of the fastest growing memecoins of 2023. It arrived in May 2023 on Uniswap and quickly climbed the price charts and pumped by 3200%.

While the token’s value declined later, at its peak, it had a market capitalization of $100 million and 13k holders, which allowed it to be listed on multiple cryptocurrency exchanges.

Sponge V2 is attempting to bring back those fastest-growing attributes to this token. Acquiring this token requires a “stake-to-bridge” mechanic, which allows Sponge V1 stakers to earn an equivalent number of Sponge V2 tokens.

Long-term holders are also incentivized with bonus rewards in terms of a high APY, which starts at 40%.

Sponge V2 is also bringing a novel P2E game which will allow players to earn Sponge V2 by playing the game.

A unique staking mechanic and P2E attributes can help this token grow faster when it reaches cryptocurrency exchanges. The token is yet to be launched and staking is live. Interested parties can go to sponge.vip to stake their tokens to participate in this unique memecoin.

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eTukTuk – EV-Focused Crypto with Massive Growth Potential

Combining community interest, utility, and rapid growth, certain cryptocurrencies emerge as formidable contenders in the market. eTukTuk, launched just weeks ago through its presale, epitomizes this winning formula. This innovative cryptocurrency has captured widespread attention on social media and earned accolades from both investors and environmental advocates globally. Media outlets have also taken notice, spotlighting its mission to transform transportation by championing electric vehicles (EVs) and curbing vehicle emissions.

eTukTuk’s ambition is expansive, aiming to construct a robust EV network that includes its flagship vehicle alongside a network of strategically positioned charging stations. These stations will cater to EV owners, particularly targeting areas burdened by congestion and pollution. Driving transactions within this ecosystem is the TUK token, the project’s native currency. Additionally, eTukTuk plans to introduce a play-to-earn (P2E) game, offering a preview of its envisioned ecosystem, with the TUK token at the heart of the gameplay.

Currently in its presale phase, the TUK token is priced at $0.026, having already amassed over $500k in funding. With its momentum, practical applications, and anticipated adoption rate, it’s foreseeable that the TUK token could emerge as one of the leading gainers and fastest-growing cryptocurrencies of the year.

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Bitcoin Minetrix – Quickly Growing Mining-Based Crypto Project

Mining is a solid way to potentially earn Bitcoin or similar cryptocurrencies. However, it’s an industry with its fair share of bad actors looking to dominate. This is where Bitcoin Minetrix comes in, emerging as a rapidly growing project. Its main focus is on helping regular investors mine BTC, and its standout feature is its decentralized cloud mining solution. This aims to address the common issues of high hardware requirements and scams in the world of Bitcoin mining. Users can buy and stake BTCMTX tokens to get cloud mining credits, ensuring a safer and more transparent mining experience.

Bitcoin Minetrix’s decentralized solution, powered by BTCMTX tokens, makes Bitcoin mining accessible to a wider audience. Users can simply buy and stake tokens to earn cloud mining credits, which can be converted to BTC. This “Stake-to-Mine” concept is a significant step forward, making decentralized mining available to regular crypto investors.

This user-friendly approach, offering direct access to potentially mine BTC, is what’s driving the project’s impressive growth, even in its presale phase. Investors can also take advantage of the current discounted rate for the BTCMTX token by pruchasing from the presale directly.

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Sei – High Growth Crypto With a Focus on Decentralization

Sei is a Cosmos-based layer-1 blockchain that aims to revolutionize digital asset trading, particularly in the decentralized exchange (DEX) ecosystem. Unlike centralized exchanges, Sei prioritizes speed and ease of trading while maintaining the security and decentralization of blockchain technology.

The platform’s asset and application-agnostic approach enables access to thousands of tokens across different blockchain applications, making it a versatile ecosystem for decentralized finance (DeFi), non-fungible tokens (NFTs), and Game Finance (GameFi) transactions. This breadth of offerings has earned Sei the moniker ‘Decentralized NASDAQ.’ To address the Exchange Trilemma, Sei employs a Twin Turbo consensus mechanism powered by the Cosmos SDK and Tendermint Core, ensuring optimal performance in speed, security, capital efficiency, and decentralization for decentralized trading apps.

Backed by notable figures like Jeffrey Feng, Dan Edlebeck, and Jayendra Jog, Sei has attracted significant investments, including $30 million in two strategic funding rounds and an additional $50 million led by Foresight Ventures. The platform’s native token, SEI, facilitates transactions, staking, and ecosystem incentives, driving its rapid adoption and impressive market performance. With a current price of $0.7 and a market capitalization of $1.7 billion, SEI has demonstrated significant growth potential, leading many to anticipate further gains in the near future.

Polygon – Fastest Growing Cryptocurrency in the Defi Space

This project gained global recognition and hosts a token that has already seen exceptional returns in the past two years. However, its potential for growth is what makes Polygon a part of this list. The project is known by the wider community as one of the most promising cryptocurrencies in the space and is also among those cryptos that boast massive communities.

Polygon was initially launched as the Matic Network in 2017. It was founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, who had substantial experience in the blockchain space already, using their expertise to build the fastest growing cryptocurrency project to come out of India. Polygon aims to be the best Ethereum scaling and infrastructure development initiative. Its core component consists of the Polygon SDK, which is a flexible and modular framework that can efficiently build a variety of applications with ease.

Optimistic rollup chains, ZK rollup chains, stand-alone chains, and any other type of infrastructure needed by the developer can all be created using Polygon. Ethereum is basically converted by Polygon into a complete multi-chain system (aka Internet of Blockchains). The native token of Polygon (MATIC) is one of approximately the top 10 cryptocurrencies by market cap (cnrrently 11th) and was among the top gainers during the 2021 bull run. Investors expect the same to happen again and have been buying the asset in huge quantities for the same reason even during this crypto winter.

Polkadot – Growing Ecosystem-based Project

Created by one of the co-founders of Ethereum Gavin Wood, Polkadot is a highly innovative project which is currently, seeing an increase in engagement on a regular basis. The main idea behind Polkadot is to create a “web of blockchains” where different blockchain networks can interact with each other in a seamless and secure way. This is achieved through a unique architecture called the “relay chain,” which acts as the central hub for the different blockchain networks connected to it. The relay chain is responsible for maintaining the state of the entire system and ensuring that transactions are properly propagated between the different networks.

One of the key features of Polkadot is its ability to support multiple types of blockchains, including those that are optimized for different types of workloads. For example, a blockchain that is optimized for high-throughput and low-latency transactions can be connected to the Polkadot network, while another blockchain that is focused on privacy and security can also be connected. This allows for a more diverse and flexible ecosystem of blockchain networks.

It is also designed to be more scalable than traditional blockchain networks, and it uses a mechanism called “parachains” to achieve this. Parachains are blockchain networks that are connected to the Polkadot network, but they are able to run in parallel with each other, rather than having to compete for resources on a single chain. This means that the overall capacity of the Polkadot network is much greater than that of a traditional blockchain network.

Polkadot’s DOT token is the asset that needs to be staked for being a part of the parachain auctions and is therefore a high-demand crypto by the retail investors too. It had a good price action in 2021, and investors expect the same again as the market turns green again.

Verasity – Growing Project Which Solves Ad-Issues

The whole point of a cryptocurrency project or the blockchain domain as a whole is to somehow solve real-world problems or enhance certain aspects of technology or commerce. Verasity is one of the best options when it comes to the advertisement scam issue faced throughout the world.

The platform aims to provide a decentralized, transparent, and fair way for content creators to monetize their content, and for users to be rewarded for their engagement with that content.

One of the key features of the Verasity platform is its “Proof of View” (PoV) system, which is a consensus mechanism that ensures that advertisers only pay for legitimate views of their ads. The PoV system uses a combination of blockchain technology, smart contracts, and a custom-built plugin that runs on the viewer’s browser. This plugin records the viewer’s engagement with the content and sends this information to the blockchain, where it is used to calculate the advertiser’s payments to the content creator.

Verasity also has a built-in reward system that allows users to earn VRA tokens by engaging with content, such as by watching videos, commenting on them, or sharing them on social media. Users can then use these tokens to make purchases within the Verasity ecosystem, such as buying premium content or paying for ad-free viewing. The VRA token has amassed a massive fanbase, and its popularity is evidently seen across various social media platforms as well.

Due to all these impressive advancements and utility, it is very likely that VRA could see a drastic increase in price in the coming months and cement its position among the fastest growing cryptocurrency projects.

Enjin – Fast Emerging Gaming Project in 2024

The blockchain gaming industry was a highly successful category within the crypto sector in the past couple of years. P2E games and similar concepts gained a lot of traction, and continue to do so. It only makes sense that projects that could potentially enhance the experience for such games and categories will also gain popularity.

Maxim Blagov and Witek Radomski developed Enjin in 2009 as a platform for a gaming community. However, it grew to be a highly sought-after project within the gamefi space due to its excellent set of features and utility. It is essentially a blockchain-based platform that allows for the creation, management, and exchange of virtual goods. It uses the Enjin Coin (ENJ) as its native cryptocurrency, which is used to back the value of the virtual items created on the platform.

Enjin’s technology is designed to be used in a wide range of applications, including gaming, collectables, and NFTs. Its use of smart contracts allows for the creation of unique and verifiable virtual items that can be bought, sold, and traded with confidence. Additionally, Enjin provides a suite of tools and resources to help developers integrate blockchain technology into their games and applications. It has been also widely used in NFT creation, gaming and virtual reality marketplaces. Built on the Ethereum blockchain, Enjin is an open-source and decentralized platform.

The ENJ token is sure to have a huge demand since the entirety of Enjin is supposed to be powered by its native token. Investors looking for quickly growing cryptocurrencies should definitely consider ENJ as a viable investment option.

How to Pick Out Fast Growing Cryptos

There are multiple factors that determine whether crypto can indeed help the investor make profits. While some of them may be valid only under certain conditions, many of them are constant. These factors that are valid under certain conditions could include things like ongoing trends, which could be subject to change at any point in time.

However, these are some of the most important things to keep in mind while considering investing in a fast growing cryptocurrency project:

Usecase

Does the project actually feature a use case or utility in general which could lead to it being adopted by the masses? This is one of the first questions an investor must ask themselves. If the said project aims to solve some issue faced by a huge number of people then they will automatically have an urge or need to use it. Alternatively, an interesting element could also act here as a catalyst for mass adoption. The project must have a unique USP, which could cause the inventions citizenry to look at it as an innovative product.

Security

A cryptocurrency is an asset of value, which means that money is involved. It is imperative that any project chosen has top security features. A simple way to get started with analysing a project’s security is to check if the team is verified or if the contract code has been audited by reputed organizations.

Track the growth and wallet activity of the token as well, as this will give you an idea of how and when funds are moved from the project’s wallet to someone else’s, which could imply risk. If there is unnatural activity within the company wallet, then it may hold the risk of being a scam.

Trends

The crypto market is still in its infancy, which means that prices may get dictated due to ongoing trends as well. It is important to be aware of the type of altcoins traders and retail investors are most interested in at any given time to be able to make strategic investment decisions.

Popularity

While this shouldn’t ideally be a major factor, in a practical sense, the popularity of a project indirectly affects its demand and price. Naturally, a good project will gain popularity in a very short span of time too. So it shouldn’t be difficult to spot a good project. However, this changes if the initiative in question is a comparatively newer one.

In such cases, look for dedicated social media handles. They will give you a better idea of the organization’s activities and engagement with its community. Also see our guide to the most popular cryptocurrencies this year.

Age

Newer cryptocurrencies or smaller tokens hold comparatively higher risk, but may also reap massive profits. On the other hand, massive projects with huge market caps could be an easier pick since they offer more stability. But the best course of action for any investor at any given point in time is to simply filter through the other factors and invest in good projects. They can allocate their funds according to their risk appetite, and potentially see great returns irrespective of the market cap or overall size or age of the project.

Check out our guide to learn about the fastest-rising crypto sectors this year.

Conclusion

Every project mentioned in the article has been recommended by us based on the factors we listed above. While they may be in their presale phase or relatively older projects, it is still a wise choice to park funds into almost any of them since each cryptocurrency holds utility and could potentially gain immense value. However, we still recommend you do your due diligence before stocking up on any of the cryptocurrencies mentioned above.

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