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10+ New Cryptocurrency Coins to Buy In 2024 – Top List

Best new crypto cover image
Best new crypto cover image

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.

Bitcoin, Ethereum and other big caps may be the most well-established projects on the crypto market, but it is always a good idea to keep an eye on the new cryptocurrencies. Brand-new coins are launched daily, offering users unique and innovative features.

New cryptos are often more affordable for traders on a budget. Then when they gain popularity, their value can increase drastically, generating high returns. It is a challenging task to find the best new coins with so many options – to help in the process, we’ve curated a list of the top new cryptos to buy in 2024. 

New Cryptocurrency To Invest In 2024 – Summary

Below is our quick list of the top new crypto projects to invest in for 2024. The list includes the best blockchain gaming, DEX, NFT, and other projects with short descriptions. If you want more information about each of these coins, you can jump to the next section, where you will find a detailed review of all of them. 

  1. Dogeverse – Best New Crypto Active on Multiple Chains
  2. WienerAI – Latest Memecoin With an AI-Themed Concept
  3. Mega Dice – New Crypto of an Established Crypto Casino
  4. 99Bitcoins – New Crypto of an Established Crypto Education Platform
  5. Slothana – New Solana Meme Coin Inspired by Slerf
  6. 5th Scape – New Crypto in the Virtual Reality Niche
  7. Sponge V2 – Best New Memecoin Following the Success of Sponge V1
  8. Smog – Best New Solana-Based Memecoin to Buy This Year
  9. eTukTuk – Best New Green Crypto to Buy in 2024
  10. Bitcoin Minetrix – New Cryptocurrency with Stake-to-Mine Perks
  11. Hypeloot – New Crypto Powering an AI Crypto Casino
  12. Manta Network – New Crypto Powering Modular Web3
  13. Celestia – Novel Scaling Solutions Provider
  14. ApeCoin – Exciting Crypto Project that Serves the Most Popular NFT Collection
  15. Gods Unchained – Ethereum-based New Project that Offers Free-to-Play Trading Card Game
  16. Gala Games – Popular New Crypto that Supports Building Blockchain Games 
  17. Nexo – Exciting Crypto Project that Supports Lending Cryptos
  18. Optimism – One of the Newest Crypto Exchanges Built to Support Ethereum

The Top New Cryptocurrencies to Buy Reviewed

Though a cryptocurrency project may seem quite exciting to you initially, it is not enough to understand if it is a good investment. Before you purchase any cryptocurrency, you must explore the project you will invest in, find out its potential for growth, its advantages, and disadvantages, the factors that can influence its price, and examine the global crypto market. Your research will help you better understand if it is a suitable buy for you or if you will lose your money. 

The detailed reviews about each crypto token included in our list are represented in this section. We have described the projects, their purposes, innovations, features, and other essential factors that can assist you in making the final decision about buying them. 

Dogeverse – Best New Crypto Active on Multiple Chains

Dogeverse is the best new crypto this year that has made itself different from the rest by being active not on one, not two, but six different chains.

Dogeverse best new crypto

This chain-hopping meme coin, which features a doge-based mascot named Cosmo, represents the vastness of the blockchain space by creating a narrative that makes blockchain seem no different from a universe.

With its interoperable approach, which has been made possible through Wormhole and PortalBridge Technologies, Dogeverse established itself as a meme coin with multiple perks.

Being active on multiple chains makes it more accessible to investors looking for more affordable ways to invest in crypto It is also efficient in terms of speed and fees. Furthermore, it makes the existence of a multi-chain community possible, potentially becoming the next big DOGE-based token to come out in the market.

With its simple characteristics and complex background, this meme coin is capable of enticing not only beginners but also serious investors. Even though the current goal of this token is only to reach a centralized exchange upon the conclusion of its presale, the possibility of transforming Dogeverse into its own metaverse remains high.

The ongoing $DOGEVERSE token presale, with a soft cap of $8.83 million, offers investors the opportunity to participate in a multi-chain asset poised for both long-term and short-term benefits. Interested parties should consider visiting thedogeverse.com.

Visit Dogeverse

WienerAI – Latest Memecoin With an AI-Themed Concept

WienerAI has recently been trending as a highly attractive new cryptocurrency for several compelling reasons, particularly its innovative blend of humour, technology, and extensive community engagement. Still in its presale phase, the core strength of WienerAI lies in its vibrant community support. Memecoins are notably community-driven, and WienerAI has successfully cultivated an active base of supporters. This energetic community not only promotes the token through various channels but also significantly enhances its intrinsic value through active participation and advocacy.

WienerAI Lore

Another factor that seems to have been embraced by the community is that WienerAI has its unique theme and backstory, which encapsulates a futuristic narrative where AI and pets merge. The token’s mascot, part dog, part AI, and part sausage, provides a quirky yet captivating charm that distinguishes it from typical cryptocurrencies. This not only acts as a powerful marketing tool but also fosters a sense of camaraderie among investors, who are drawn to its novel concept and the potential for growth in a fun-filled ecosystem.

Moreover, the financial incentives associated with WienerAI are exceptionally lucrative. Offering staking rewards with an APY exceeding 1900% right now, the token provides a substantial income stream for early investors willing to stake their holdings. This high reward system encourages long-term holding patterns and boosts token stability by reducing market volatility caused by frequent trading. However, one may need to get in early to be able to enjoy these high-staking returns, since this amount is also likely to decrease eventually.

WienerAI operates on the robust Ethereum blockchain as an ERC-20 token, ensuring seamless integration with a wide array of decentralized applications and exchanges. This technical foundation not only facilitates broader accessibility and usability but also enhances investor confidence through improved security and interoperability. Considering factors like community engagement, unique thematic appeal, high staking rewards, and a solid technical foundation- WienerAI stands out as a promising new crypto to consider in the space for investors.

Visit WienerAI Presale

Mega Dice – New Crypto of an Established Crypto Casino

After making its mark as one of the best crypto casinos introduced in 2023, Mega Dice, the world’s first licensed Telegram casino, has entered the blockchain arena in a new way.

Mega Dice Best Cryptos to Buy

The crypto gambling site has launched its native token, $DICE, as a presale, giving users a way not just to engage with the casino in a crypto-centric manner but also to earn from its growth.

Essentially, those who hold these Mega Dice tokens will become partial owners of the casino, making gains based on how successful Mega Dice becomes.

In addition to the standard staking perks, Mega Dice is also planning to release more NFTs and other rewarding features, including a referral plan. These initiatives will bolster community engagement toward Mega Dice, allowing it to grow even further.

The project has already raised more than $300k in its ongoing presale. With 147 million tokens of its total supply of 420 million being offered in the presale, investors have a chance to make gains from the token’s multi-stage presale, which means they can generate profits even before the token goes live on cryptocurrency exchanges.

Visit Mega Dice Presale

99Bitcoins – New Crypto of an Established Crypto Education Platform

Over the last decade, 99Bitcoins has been seen as a bastion of crypto education. The simplified tone taken, combined with a more interactive look into the cryptosphere, has turned many passive investors into active cryptocurrency enthusiasts.

With the introduction of its new Web3 platform, 99Bitcoins is elevating its offerings. Powered by an ERC-20 token, 99BTC, this platform is being created as an L2E (Learn-to-Earn) ecosystem in which people can earn crypto by learning about the cryptocurrency market.

99Bitcoins new crypto

Additional perks that 99Bitcoins is offering include staking rewards, access to exclusive training modules, crypto signals, and a community of crypto experts who share their interests and expertise with others.

The official presale of 99Bitcoins is underway, and over $400k has already been raised. The platform’s multi-staged presale is moving on rapidly. Therefore, those who seek to invest should act now by going to presale.99bitcoins.com.

Visit 99Bitcoins

Slothana – New Solana Meme Coin Inspired by Slerf

Slerf arrived and took the market by storm for all the wrong reasons. The dev’s “mistake” of removing the tokens allotted to the liquidity pool drew attention to this project, which led to it pumping on the price chart.

It opened doors for new cryptos to emerge with the same Sloth-based imagery. The latest and first one to arrive is Slothana. While the imagery of this token is the same, the style is different.

Slothana New Meme Coin

The Sloth portrayed at the top of its homepage isn’t just scribbled art but a well-put-together image of an office worker with bloodshot eyes. Slothana’s Twitter page reveals that this worker is often intoxicated and dreams about jumping onto the meme coin grind to leave his 9-to-5.

The imagery is simple, and so is the token’s utility. Slothana does not present any long-term upsides or show a vision of any high-end gains. It only talks about fun and keeps most of its facets, including its tokenomics, a mystery.

Visit Slothana

5th Scape – New Crypto in the Virtual Reality Niche

5th Scape is a new crypto in the virtual gaming genre that is introducing physical and digital attributes that make it stand out from the rest.

5th Scape New crypto

In addition to giving users a slew of games to choose from—all of which are sports titles for now—it is providing two products that make it a VR project with tangible benefits.

The first product that 5th Scape has introduced is the VR headset. Equipped with cutting-edge visuals and precise motion tracking, it is said to help players experience the hyper-realism brought by virtual reality.

5th Scape also emphasizes comfort by introducing a gaming chair, which will contain everything gamers need to make their long gameplay sessions more relaxing.

Powered by the 5SCAPE token, 5th Scape is also introducing a platform featuring tools for developers to craft their own VR games. The games developers create will be monetizable, giving them access to revenue. The token will be used as a mode of transaction to purchase games and as a reward to these developers.

5th Scape’s presale is underway, and the product has already gathered a lot of attention. Those who want to know more about the project can visit 5thscape.com for more information.

Visit 5th Scape

Sponge V2 – Best New Memecoin Following the Success of Sponge V1

Sponge V2 is one of the best new cryptocurrencies this year, offering a fresh perspective on the recently released Sponge token.

Sponge V2 New Cryptocurrency

Sponge launched during the memecoin mania, quickly reaching a $100 million market capitalization before experiencing a retracement. Despite this, the tokens maintain a robust community on Telegram and Twitter, along with a market capitalization of $16 million.

Sponge V2, the second iteration of the token, introduces a unique stake-to-bridge mechanic. Those who buy Sponge V1 today will receive an equivalent number of V2 tokens through this innovative staking process.

While investors can withdraw their Sponge V2 token once it is launched, those who decide to keep their Sponge V1 locked will gain additional Sponge V2 rewards.

This approach provides long-term upside, as Sponge V1 gained attention from cryptocurrency exchanges, maintaining liquidity on platforms like MEXC, Bitget, Poloniex, CoinW, and Gate. With the imminent launch of Sponge V2, early stakers are poised to benefit when the token becomes available on the market.

Additionally, Sponge already boasts a strong community, generating hype that will likely boost the value of Sponge V2. Considering these aspects, Sponge V2 stands out as one of the best new cryptocurrencies to invest in this year.

Update: Sponge V2 has now arrived and has been getting bullish interest from the market. The token has climbed to its new all-time high on Polygon recently and is now over the $0.002 mark in March 2024.

Visit Sponge V2

Smog – Best New Solana-Based Memecoin to Buy This Year

There were more than a few Solana-based meme coins that were released last year, and all of them were a success thanks to Solana’s reputation as an inclusive ecosystem. Smog is a new crypto in this niche that aims to redefine Solana’s narrative by adding some mystical elements inspired by Lord of the Rings.

Smog Best New Crypto

The aesthetics of the Smog token comprise a green dragon, which takes more carefree characteristics than an overly-zealous character Smaug. While the vibe is comedic, the goal is ambitious, as Smog has been described in its official whitepaper as “one memecoin to rule them all.”

SMOG’s early performance on the price charts indicates that the token is staying true to this adage. The token’s recent launch on Jupiter DEX led to a massive pump, with SMOG rising by more than 15x within three hours.

While Smog’s nature as a memecoin can be considered the sole reason behind its bullish performance, a deeper look into the project’s fundamentals reveals that it is organizing an airdrop. which Smog has dubbed as the greatest whitepaper of all time.

Out of the total supply of 1.4 billion tokens, 35% have been dedicated to this airdrop. What makes this airdrop different is its gamified approach. SMOG holders will be given regular tasks upon completion and will earn airdrop points. Those with more airdrop points will be given more tokens from the airdrop.

Smog’s unique fundamentals, coupled with its unique approach to airdrops, is the reason this crypto is one of the leading new meme coins in the market. Those who want to invest in this memecoin can head over to Jupiter DEX, which has now become home to major Solana-based tokens.

Smog has also launched an ETH-bridge, allowing users to buy Smog using ETH. Other utilities like staking and the facility to buy the token directly from the website have also been unlocked.

Update: Smog has become one of the top meme coin gainers in March 2024 despite the recent Bitcoin dip and corrections on Pepe, BONK, Dogecoin and DogWifHat.

Visit Smog

eTukTuk – Best New Green Crypto to Buy in 2024

eTukTuk is the best new crypto to buy in 2024 for those looking for greener crypto to invest in. The goal of this sustainable blockchain project is to leverage artificial intelligence and decentralization to create an ecosystem in which adopting electric vehicles is not only motivated but also incentivized.

eTukTuk Best New Crypto

Per the project’s whitepaper, eTukTuk’s main mission is to tackle transportation and pollution issues and make electric TukTuks accessible to people with all income levels. It aims to remove internal combustion engines from the transportation arena and build an affordable electric charging network for all.

At the heart of this project lies the TUK token, an asset existing on the top of the Binance Smart Chain. This token leverages AI to create an ecosystem where routes can be optimized, traffic can be reduced, and fuel consumption can be minimized.

TUK will serve as the reward token for those who religiously engage with the eTukTuk ecosystem. Furthermore, it will also be instrumental in the upcoming P2E game. Per the official website, the game takes cues from Crazy Taxi and will have unlockable cities and variations of Tuk Tuks.

TUK is currently available in a 26-staged presale at a price that starts at a mere $0.026. Those choosing to become early movers for this new crypto are poised to make double-digit gains even before the token goes live on cryptocurrency exchanges.

Visit eTukTuk

Bitcoin Minetrix – New Cryptocurrency with Stake-to-Mine Perks

Bitcoin Minetrix is one of the best new cryptocurrencies of this year, which has generated interest within the crypto community via its unique utility that merges the concept of staking and mining.

BTC Minetrix New crypto

Calling the utility stake-to-mine, Bitcoin Minetrix’s aim is to create a tokenized cloud mining ecosystem where mining is secure, there is no cash requirement, the entry barrier is low, and there are no chances of scam.

The official whitepaper explains that mining will be done through staking. Basically, users will be able to stake their $BTCMTX tokens in exchange for acquiring mining credits. These mining credits are non-transferable ERC-20 tokens that will be burned in exchange for mining time or a portion of the mining yields. Once the mining time is finished, mined Bitcoin will be transferred into the users’ wallet.

Such a streamlined approach to mining has made many investors interested. That is why the token has been able to raise more than $100k within a day of being introduced as a presale. The presale is divided into 10 stages and has a soft cap target of just over $15 million. Interested parties can consider participating now to get the maximum benefit from the presale’s appreciating price in subsequent stages.

Visit Bitcoin Minetrix

Hypeloot – New Crypto Powering an AI Crypto Casino

Established in 2022, Hypeloot is an AI-powered crypto casino that has garnered a global user base of over 150,000 and processed more than 50 million bets to date. The platform has established itself in over 50 countries where it is now growing.

Hypeloot new crypto

Hypeloot is now moving past its successes and giving users a chance to become active participants with the release of the presale of its native token – $HPLT.

Investors can acquire $HPLT with a starting investment as low as $10, becoming stakeholders in the casino and sharing in its profits. They will be able to gain access to the ecosystem through various means. One is through daily buybacks and burns events, and the other is through simplified staking.

Even presale investors will be able to gain access to the token’s staking perks. Per the official whitepaper, Hypeloot will bring daily rewards in terms of USDT to those who invest in the crypto’s current presale. Presale investors will also get access to 50% credits to play on the casino. Additional perks include a chance to get access to the upcoming Hype NFTs.

Adding to its appeal is the platform’s trustworthiness, with a KYC-certified team and a smart contract audited by Certik.

Visit Hypeloot

Manta Network – New Crypto Powering Modular Web3

Another good addition to this list of new cryptocurrencies to buy this year is MANTA, the native token of the Manta Network. 

Manta Network (MANTA)

Manta Network has been described as a modular Web3 ecosystem, giving developers a simplified technology stack to develop all kinds of decentralized applications. 

The project is leveraging multiple chains in order to provide a blockchain that is faster than layer-1 – 1 solutions while being cheaper than layer-2 solutions. This has been made possible because of its integration with Celestia and a modified OP stack. Another element that this ecosystem leverages is the Manta Pacific’s Universal circuit. 

The project has been described as app-agnostic since the Manta SDK can be integrated with many decentralized applications. The platform also focuses a lot on security, with one of its key features being the presence of non-invasive compliance. 

Due to the versatile nature of this new cryptocurrency, it is finding use cases in multiple niches, including P2E gaming. 

In terms of price, MANTA has seen a volatile price action. However, that has more to do with Bitcoin’s price movements and less to do with this project. As more facets are unveiled in the Manta Network’s ecosystem, it may grow bigger this year. 

Buy Manta Network

Celestia – Novel Scaling Solutions Provider

Celestia is a new cryptocurrency project that has taken a unique approach to providing scaling solutions. Describing itself as a data availability network, Celestia embraces modularity, securely scaling with the number of users and making it easy to launch their own blockchain. 

How to Buy Celestia

Through its modular approach, Celestia has turned the data availability layer into its consensus layer, giving specialized attributes to each layer. 

Celestia leverages two elements to make it possible. Data Availability Sampling and Namespace Merkle trees. With data availability sampling, Celestia only samples specific data nodes within the tree that can be verified. With namespace Merkel spaces, Celestia partitions data into multiple namespaces. This approach, although complex, allows the creation of a blockchain that developers can leverage to create their own decentralized applications or blockchains easily. 

List of most new cryptocurrencies that made their way into the crypto space in Q3 of 2023, Celestia also came to the ecosystem and rose in price. With a lifetime growth to date of more than 600%, it is showing potential to move up even further. Those interested in this project pay a visit to Binance.

Buy Celestia

ApeCoin – Exciting Crypto Project that Serves the Most Popular NFT Collection

ApeCoin is an ERC-20 token that created real excitement in the market immediately after its launch. It is a utility and governance token designed to power the APE ecosystem and grant voting rights inside the ApeCoin DAO. The APE ecosystem is the community of the ApeCoin token holders and the products or services that utilize ApeCoin on their platforms. Among the most popular members of the APE ecosystem is Yuga Labs, perhaps the reason for the popularity of ApeCoin.

Yuga Labs founded one of the most successful NFT collections, BAYC, which stands for Bored Ape Yacht Club. It is an NFT collection of 10,000 unique bored apes images, each with unique features and style. The collection is so popular that even celebrities buy these NFTs, including Justin Bieber, Eminem, Snoop Dog, and others. 

Apecoin

Apart from BAYC, Yuga Labs has other products, including MAYC, BAKC, and Otherside metaverse. ApeCoin is utilized to be the native token of the BAYC ecosystem, and Yuga Labs also aims to make it the native token of its Otherside metaverse, meaning that ApeCoin can be used for transactions on this platform. 

So, besides being a coin to buy, sell, or trade, ApeCoin has a lot of functional use cases within the Decentralized finance industry. It enables holders to make decisions about the ApeCoin DAO regarding the allocations of funds, rule framing, project selection, etc. It also gives unique access to its holders to the exclusive parts of the APE ecosystem, such as games, events, NFTs, services, etc. 

All these use cases of ApeCoin mean that the token is in active use, and its demand will grow over time once the APE community elements attract more users. ApeCoin has a capped supply of 1 billion tokens: the token is neither inflationary nor deflationary. No ApeCoin tokens can be minted, and no burning events will be conducted to reduce their value. ApeCoin is listed on several leading crypto trading platforms, including eToro. 

Gods Unchained – Ethereum-based New Project that Offers Free-to-Play Trading Card Game

Gods Unchained is a blockchain-based online game that provides play-to-earn elements to its users. The game allows you to enjoy your spare time and earn rewards simultaneously. It is a strategy trading card game where users can play their cards on the deck against their opponents and gain rewards by outsmarting them. Most importantly, these cards are registered as unique NFTs, and the players can sell or buy them in the marketplace to earn money. 

Gods Unchained

The platform was founded in 2018 by two brothers, James and Robbie Ferguson, who have substantial careers in the field. The game has gained popularity quickly and has become one of the largest and largest blockchain games. This is due to its excellent promoting team that built a strong community through the events and other projects. 

Gods Unchained issued its native token – GODS in 2021. GODS is the utility token of the Gods Unchained ecosystem. It is an ERC-20 token used within the network to buy and sell cards and earn rewards. Players can generate GODS tokens by selling their cards which later they can transfer to fiat. You can start playing Gods Unchained completely free by selecting your god character, with which you will get some cards described as your character’s characteristics. You can also buy other cards of different qualities and varieties. 

Gods Unchained is among the newest and most successful gaming projects built on the Ethereum network. It has more than 450,00 registered users and over 80,000 weekly active players. The total supply of the GODS coin is 500 million tokens distributed among the game, players, sales, and developers. GODS is traded below $1 and has a low market capitalization, but the coin’s value will increase once it grows its community. 

Gala Games – Popular New Crypto that Supports Building Blockchain Games

The Gala Games project is another robust gaming platform that combines blockchain technology and play-to-earn elements. The platform was founded in 2019 by Eric Shiermeyer, who started his career in the gaming industry in the 2000s, participating in developing such popular games as Zynga, Bee Cave, etc. Schiermeyer co-founded  Gala Games with Michael McCarthy, who has an over 20-year career in the gaming field.

Gala Coin

Gala Games came into being to solve one of the biggest problems in the industry: to help the players take ownership of the in-game items and rewards they will get during the play. Gala has garnered a lot of attention in the field. It has developed incredibly and now offers multiple gaming titles, including real-time strategy, a multiplayer online battle arena, and others. All these titles offer different gameplays and the ability to earn rewards while playing. 

Gala has already launched many games that its team and partners have developed. Town Star is the first play-to-earn game launched on the Gala platform, which introduces an arena where players can build their cities by buying crucial elements for the city. Other popular games include Mirandus, Spider Tanks, and Echoes of Empire, where users must fight certain enemies to win rewards. 

Gala was founded on Ethereum’s blockchain and utilizes an ERC-20 token for its network called GALA. But the team managed to connect the token to the Binance Smart Chain through a unique network and make gas fees on the network more affordable. The GALA token is used to buy and sell in-game items within the Gala games. Players also use it as a means of exchange for peer-to-peer transactions. 

Nexo – Exciting Crypto Project that Supports Lending Cryptos

Nexo is another exciting cryptocurrency project started in 2018 as a cryptocurrency savings and lending platform. It supports many exciting features that attract long-term investors, crypto holders who don’t want to idle their assets, etc. The project has developed over time to offer such advanced features as crypto-backed cards, crypto lending, and crypto-backed loans. While similar platforms like Celsius, Voyager, and others went bankrupt, Nexo is still operating.

Nexo Coin

Nexo’s platform supports buying, selling, trading, and borrowing cryptocurrencies against the value of your coins. But the most fantastic feature is that you can lend your cryptos and earn interest regularly. The interest rates depend on various factors but range between 6% to 12% APR. Another attractive feature is that you can borrow fiat lending your cryptocurrencies. The loan amount depends on the number of cryptos you have in your account and their value.

Perhaps, Nexo’s most unique feature is its Nexo credit card, the first credit card backed by cryptocurrencies. You can use this card everywhere to buy goods and services where Mastercard is accepted. But the best thing is that you can pay through the value of the crypto you have on your card without actually spending them. Nexo uses the value of the cryptos on your card to take fiat loans and pay. Plus, you also get rewards for your purchases and ATM withdrawals. 

Nexo’s network is supported by its native token – NEXO– a utility token that grants its holders some advantages. For example, NEXO holders can get discounts on their loans’ interest rates and higher interest rates when lending their cryptocurrencies. NEXO has a 1 billion token maximum supply, over half of which are already in circulation. It raises a market cap of almost $500 million, putting NEXO among the top 100 largest cryptocurrencies by market capitalization. 

Optimism – One of the Newest Crypto Exchanges Built to Support Ethereum

While many cryptocurrency projects are created to outpace Ethereum and are dubbed “Ethereum killers,” many others are launched to support the second most popular blockchain. Optimism is among the newest crypto projects that are founded to assist Ethereum in making the transactions on it faster and more affordable. But what is the problem with the Ethereum blockchain?

Optimism

Ethereum’s problem is associated with the scalability of its blockchain, which is the number of transactions it can conduct in a specific time. As the number of transactions grows, Ethereum faces difficulties in conducting them quickly, and the gas fees also increase. To help Ethereum with this problem, many layer 2 protocols have been launched, called scaling solutions. The optimist is one scaling solution that uses so-called “optimistic rollups” technology to address Ethereum’s issue. Hence its name – Optimism. 

Optimism works in the following way – it rolls up the data of hundreds of transactions in one batch. They are represented on Ethereum’s blockchain as a single transaction and get validated simultaneously. It means that all the transactions included in the rollup do not need to be individually validated, which saves a lot of time and comes with cost-cutting solutions on the Ethereum network. To secure the process, validators have a week to check the rollup if they think fraudulent data is included.

Optimism also issues a native token which plays a vital role in its governance. The latter is called The Optimist Collective and consists of two bodies – Citizen’s House and Token House. People holding OP tokens get the right to vote regarding the Optimist project’s technical decisions. Though Optimist is relatively new in the market, it has become quite successful and is now the second-largest scaling solution created for Ethereum. Its OP token has a market cap of almost $211.5 million and is among the 150 largest cryptos.


What are the Best Ways to Find New Cryptocurrencies? 

You may want to build a diversified crypto portfolio with newly launched cryptocurrencies. If you want to know how to find new cryptos regularly, we have listed some of the most popular ways to find the best new tokens to purchase. 

  1. Reddit Groups
  2. ICO Announcements
  3. Crypto News Sites
  4. TikTok Crypto Influencers
  5. Other Social media channels and crypto forums

What Are the Advantages of Investing in New Crypto Projects?

Before we explain where and how you can buy new cryptocurrencies, let’s get familiar with why new cryptos are a good investment. 

They Are Cheap to Invest In

One of the most excellent and evident reasons to buy new cryptocurrencies is that they are usually very cheap. New cryptos cost less than $1, so you can buy them in great amounts, investing as little as $100. The fact that new cryptos are usually penny cryptocurrencies increases your purchasing power and enables you to make significant returns if the coin’s price rises in the long term. Also, see our guide to picking the best future cryptocurrencies.

New Cryptos Have Huge Potential Returns 

The DeFi section is thrilling, with many new projects in different areas, including metaverse gaming, blockchain improvements, decentralized exchanges, etc. Many new projects have features that aim to bring freshness into cryptocurrencies. These projects have massive potential for growth, and as long as they are traded at extremely low prices at the beginning, they can promise you substantial potential returns once they get famous and widely used. 

They Are Easy to Get Started

Eventually, investing in new cryptocurrencies is a great way to start your career in cryptocurrency trading. Of course, investing in a couple of different projects is better than one, as diversified portfolios reduce the risks of losing money. Additionally, new cryptos are cheap, meaning you can spend little money but purchase different cryptocurrencies and create a strong portfolio. 

How to Buy and Trade New Cryptocurrencies

In this section, you will find the answer if you have chosen which new cryptocurrencies you want to buy but still do not know how to start investing in them. Here is a complete guide on buying new cryptocurrencies with a leading crypto trading platform, eToro

Step 1: Create an Online Account

To buy new cryptocurrencies with eToro, visit the official website to create a free account and fill in the required details. You must provide some personal information at this stage, create a password, and verify your account with an email and phone number. Once you finish the registration, eToro will require you to verify your account, which is necessary as long as eToro is a secure broker. 

Step 1. Create an Online Account with eToro

Step 2: Deposit Funds

You have three basic options to deposit money on your verified eToro account – bank cards, e-wallets, or bank transfers. Select the one more suitable for you and register the details about your payment method asked by the broker. 

Step 2. Deposit Funds

Step 3: Search for the Crypto You Want to Buy

After charging your account, you can buy any crypto on eToro. Decide which coin you want to buy and type its name in the search toolbar. Click on the first results to see a whole page dedicated to that token. Here eToro provides much information about that crypto, tools to explore it, and the latest news. 

Step 3. Search New Crypto You Want to Buy

Step 4: Buy New Crypto with eToro

Once you explore the coin, you can purchase it by clicking the “Invest” button next to its name. On the “Buy” window, fill in the number of tokens, you want to purchase and finalize the transactions to get the tokens on your exchange account.

Step 4. Buy New Crypto with eToro 

Conclusion

New cryptocurrencies pop up every day and investors are constantly looking for the next crypto that is set to explode. This guide listed and reviewed some of the best new cryptocurrencies to invest in for 2024. We also covered the best platforms to buy new cryptos on.

Our specialist team explores all of the new crypto projects we recommend buying to ensure they have good potential for growth in the future and have exciting features to attract users’ and investors’ attention. 

The best new cryptocurrency on our list is Dogeverse.

Dogeverse - Multichain Meme Coin

Rating

Dogeverse logo
  • 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
Dogeverse logo

FAQs

What is the best new crypto coin to buy this year?

Our top new cryptocurrency to buy recommendation at the moment is Dogeverse, which is currently available as a presale

Are new cryptocurrencies a good investment?

New cryptos are a good investment for a couple of reasons. They are traded at low prices and you can buy them in high amounts. They can bring you huge rewards once the community grows. Plus, you won’t lose too much money if the project fails.

What is the best way to find out about new crypto projects?

There are multiple platforms and channels where you can find new crypto projects, including social media platforms, such as Twitter, Reddit, Tiktok, ICO calendars, educational platforms about trading cryptocurrency, etc.

What should I do before I invest in a new crypto project?

The crucial thing to do before you invest in any crypto project is to explore it to find out its goals, features, further improvements, roadmap, etc. Once you are sure that the project can succeed in the future, you can invest in it. Please, consider the risks of losing your money in any case, and make sure you afford what you put at risk.