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

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. 

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. 

Pepe Unchained – Trending Pepe-Inspired Memecoin With a Layer 2 Concept

Pepe Unchained strategically leverages the immense popularity of memecoins by integrating thematic elements from the renowned Pepe project. Launched during a period of heightened community excitement following the PEPE token’s record-breaking surge to its all-time high, Pepe Unchained has capitalized on this momentum to attract significant attention even before its official launch.

The project unfolds a compelling narrative where the beloved Pepe mascot liberates himself from the confines of an outdated Layer 1 server room through a visionary “giga brain plan,” transitioning to a sophisticated Layer 2 solution. This innovation not only mirrors the original Pepe’s spirit but also enhances transaction speed and reduces costs, establishing Pepe Unchained as the first Pepe-themed token with its own dedicated blockchain.

Pepe Unchained distinguishes itself further with practical features such as a dedicated block explorer and seamless ETH-to-Pepe Chain bridging, fostering accessibility and usability for its community. Its native token, PEPU, has quickly risen in prominence within the memecoin space, bolstered by its association with Pepe and its innovative functionalities.

The project’s presale phase has sparked fervent interest among investors eager to capitalize on its lucrative staking rewards, which currently offer an impressive 19,000% annual percentage yield (APY). While Pepe Unchained’s roadmap is described as ambitious yet vaguely outlined, it centres around revitalizing the Pepe brand and expanding into a robust ecosystem.

Pepe Unchained’s tokenomics, on the other hand, reflect a strategic allocation of its 8 billion token supply, prioritizing liquidity, project finance, and staking rewards to ensure sustained community engagement and long-term viability.

99Bitcoins has discussed the possibility of Pepe Unchained being the next 10x meme coin.

Given the fact that it is still in its presale phase and possibly on the verge of going viral, the Pepe Unchained project is definitely a crypto investment that one may not want to overlook in 2024.

Buy Pepe Unchained

Memebet Token – New Crypto Powering a Telegram Casino

One of the best new cryptocurrencies that has landed on the crypto scene is Memebet Token. It powers the Memebet Casino, which is a meme coin-powered crypto casino on Telegram that has taken the market by storm thanks to its unique layout and the way meme coins can be used.

Memebet invites players to check out the games on Telegram, offering them benefits like no-KYC requirements. They can use crypto-native games via Telegram, and there are also plans to add meme coin futures trading on the platform.

Playing the games will give users access to many perks, including the P2E wagering benefit. Those who choose to hold $MEMEBET will get access to exclusive benefits.

With features like Casino Burn Campaigns also in the pipeline, Memebet has the potential to become one of the best meme coins on the market. There are also plans to launch Memebet NFTs, which will add more utility to the ecosystem.

Overall, Memebet has been targeting the most obvious utility for meme coins, and it is the right decision. The prospect of gambling risks exacerbating the risks of investing in crypto is something that will likely attract more degen investors to come and check out the game.

Buy Memebet Token

Flockerz – New Cryptocurrency Focusing on Community-Driven Fundamentals

Flockerz is the new cryptocurrency in the meme coin niche that ramps up the community factor of its ecosystem by not just creating a robust DAO but also rewarding users.

The meme coin, whose mascot is a group of blue hens with lazy eyes doing crazy things, focuses on the decentralization of the meme coin economy. It clearly states in its whitepaper that the PVP meme coin ecosystem currently has a hegemonic control, leading to many losses.

To counter that, Flockerz has created FlockTopia, a decentralized autonomous organization that won’t only allow people to vote on the future of the project but to earn via a unique Vote-to-Earn mechanic.

This vote-to-earn paradigm could encourage more investors to hold the token, which could provide long-term stability to this token. Furthermore, with 25% of the total supply dedicated to staking perks, investors have an incentive to engage with this ecosystem.

Those interested in investing should visit flockerz.com.

Buy Flockerz Token

FreeDum Fighters – High Potential Crypto With a Comically Political Concept

Presenting a strong case for being one of the best new cryptos to invest in right now with an exciting concept, FreeDum Fighters is gaining massive traction as a presale lately. With its current price sitting at just $0.00005, it can be the perfect fit for those looking to jump into a politically themed project with the potential for massive growth.

The timing couldn’t be better, as the U.S. presidential election period is nearing, and FreeDum Fighters has cleverly aligned its roadmap to maximize traction during this politically charged time.

The project revolves around two main characters, Kamacop and Magatron, satirical takes on real-life political figures Kamala Harris and Donald Trump. These characters not only serve as a playful commentary on current politics but also anchor the project’s storyline, which developers plan to expand over time.

The future of FreeDum Fighters includes the possibility of adding more characters and evolving the storyline, ensuring continuous excitement and engagement from investors and community members alike. This evolving narrative could significantly boost investor interest and drive long-term growth.

What primarily adds to FreeDum Fighters’ appeal from a utility standpoint is its unique staking mechanism, where investors can stake their $DUM tokens and support their favored character, with rewards structured based on who leads in popularity.

This dynamic staking model not only offers a fun and interactive experience but also makes participation rewarding through airdrops and points accumulation. Investors seem to already be flocking in to stock up on DUM tokens, as they believe that this audited presale could be on its way to becoming a top gainer among all the new cryptos in the space.

Buy FreeDum Fighters Token

Crypto All-Stars – Best New Crypto Bringing Top Meme Coin Communities Together

Pixelated renditions of a green Wojak stand on a balcony with a Based Brett on the side and a Shiba Inu and Pepe laughing at the corner. At the center is Floki Inu, who is standing tall, adorned with a Viking hat. That’s the imagery that Crypto All-Stars, one of the best new cryptocurrencies of this year, has presented to users. However, this novel meme coin project has not limited its “multi-meme coin appeal” to imagery and animations alone. In fact, it has introduced a robust perk in order to truly bring the community together.

And that perk is staking. Accessible through the world’s first-ever MemeVault, this utility will allow one of the 11 top meme coins to be staked and generate APY rewards in terms of $STARS tokens. The tokens that can be staked include Dogecoin, Pepe, Turbo, Coq Coin, Bonk, Floki Inu, Based Brett, and more. Furthermore, holding $STARS while staking will allow users to receive three times the rewards.

Available on presale, Crypto All-Stars has managed to generate a lot of buzz in meme coin circles. Being launched at a time when all eyes are peeled on the crypto market, it has the potential to generate high levels of gains for degen investors and long-term profit seekers.

Major crypto influencers like Jacob Crypto Bury have already discussed the token’s 10x potential.

Those interested should visit the official website to participate in its presale.

Buy Crypto All-Stars

Shiba Shootout – Leading Dog-themed Meme Coin with Multiple Utility Ideas

Shiba Shootout (SHIBASHOOT) has been on the watchlist of investors seeking to diversify into a new meme token that offers a mixture of fun and utility. While other meme coins depend on hype and community support alone, Shiba Shootout sets itself apart by integrating numerous utility-focused features into its ecosystem. As such, it is no surprise that it has successfully lured the attention of many degen investors to its ongoing presale.

At its core, Shiba Shootout has a fascinating theme, featuring Wild West characters like Marshal Shiba and Sharpshooters in a vibrant digital settlement, known as Shiba Gulch where market enthusiasts gather to share memes and experience the thrill of the frontier. With this novel narrative, Shiba Shootout offers crypto investors the opportunity to partake in its thrilling adventure that features a combination of “creativity, strategic gameplay, and camaraderie.”

A key attraction for Shiba Shootout is its P2E high-stakes battle game, which according to the project, will go live on the Google Play Store and App Store soon. The launch of this highly-innovative game provides an opportunity for community members to savor free token rewards while having fun, thereby expanding the utility of the project.

Adding a feather to Shiba Shootout’s cap is its line up of community-centric programs, spanning posse rewards, campfire engagement, token governance roundups, cactus staking, and lucky lasso lotteries. These unique attributes enhances the market appeal of Shiba Shootout, positioning it as an ample opportunity for those seeking to maximize their investment.

At press time, Shiba Shootout is available for a presale price of $0.0194 and can be purchased using Ethereum, USDT, and bank cards.

Buy Shiba Shootout

LuckHunter – Latest GambleFi Tokens With Multiple Earning Mechanics

LuckHunter has broken into the crypto scene with its GambleFi posture and industry-leading initiatives that focus on bringing unique perks to early investors. It kicked off its presale campaign in a grand style, offering an early-moving opportunity for those seeking to increase their bags this year.

Boasting an impressive player base of over 50k individuals, LuckHunter’s casino has become one of the most prominent names in the broader GambleFi community. Its viral success is no surprise, considering its game-changing offerings, spanning top-quality games, 24/7 sports betting options, generous bonuses, and secure payment options.

LHUNT will be integrated into the casino ecosystem, serving as a medium through which players can wager on their favorite games and sports betting markets. However, LHUNT offers more than just a currency – it provides players and early investors with exclusive access to top-quality games and features, mind-boggling rewards, and benefits within the gaming ecosystem.

First, LHUNT holders are incentivized through a lucrative passive income initiative. Through this mechanism, token holders receive rewards based on the daily performance of the casino. Other high-rewarding possibilities offered by LuckHunter include 100% casino credits, VIP community membership, early access to top-quality games, and regular giveaways. These standout aspects of the token not only enhance its market appeal but also incentivize commitment and participation within the ecosystem.

Above all, considering several key factors, including the aforementioned earning mechanics and its GambleFi use case, $LHUNT is a good investment for those seeking to strengthen their portfolios with new cryptos.

Buy LuckHunter

BTC Bull – Latest Memecoin Presale With a Bitcoin-Oriented Concept

The BTCBull Token, also known as BTC Bull, has quickly become a highly watchlisted presale, especially among memecoin enthusiasts. Despite its recent entry into the market, the project has quickly attracted a growing community across its social media channels—a remarkable feat given the current market conditions. This early traction highlights the appeal of BTC Bull’s clear and compelling goal: helping Bitcoin reach the $100k mark.

The project’s mascot, a muscular bull with a G.I. Joe-inspired design, perfectly symbolizes its mission. This isn’t just a catchy image; it’s a reflection of BTC Bull’s commitment to rallying support for Bitcoin’s growth. The mascot serves as a constant reminder of the project’s ultimate objective, which resonates strongly with both Bitcoin enthusiasts and the wider crypto community.

Investing in BTC Bull offers more than just a stake in a new cryptocurrency; it provides a way to contribute directly to the growth of Bitcoin. The project rewards its community through a range of incentives, including high APY staking rewards, token burns tied to Bitcoin’s price milestones, and a significant airdrop for early adopters. These rewards not only benefit investors but also help drive the project’s mission forward.

Given that BTC Bull is still in its early stages, the potential for profit and staking rewards is at its peak. This makes it an attractive option for those looking to invest in a new and promising project. With its strong community focus and clear Bitcoin-oriented goals, BTC Bull stands out as one of the best cryptos to buy right now.

Buy BTC Bull

The Wolf of Bull Street – New Meme Coin Fit for Degen Investors

The Wolf of Bull Street (WOBS) is a new cryptocurrency in the meme coin niche inspired in many ways by the movie – The Wolf of Wall Street. However, unlike Jordan Belfort, who had to go the pink sheets route to generate wealth across the stock market, WOBS is taking charge of its wealth by diving into its shitcoin roots.

Helping with this is its own in-house DEX. Designed to find efficient trading opportunities to maximize gains while minimizing trading fees, the DEX will provide an efficient layout for WOBS investors to interact with the crypto market.

The way The Wolf of Bull Street embraces its meme coin roots is reminiscent of how Jordan Belfort, from The Wolf of Wall Street, embraced his hustle to become a millionaire in just a handful of months.

That approach of “Greed is Good” is what makes this new cryptocurrency suitable for short-term gain seekers and degen investors.

Buy The Wolf of Bull Street

Wall Street Pepe – Trending Pepe-Imitator Featuring a DEX Offering

Wall Street Pepe brings a creative approach to the iconic meme character, creating a design that immediately resonates with those familiar with Pepe. By transforming Pepe into a Wall Street trader, the project cleverly integrates an element of newness and excitement that memecoin investors love while giving it a professional, finance-savvy persona. This modern take on the beloved character has already struck a chord with many, making the project an exciting new addition to the crypto scene.

The main usecase highlighted by the project is its plan to launch a decentralized exchange (DEX) of its own. This exclusive platform promises various perks, including airdrops for liquidity providers, significantly lower transaction fees, and early access to carefully selected presale gems. These incentives not only make the project more attractive to early investors but also create a community-driven ecosystem where members enjoy added benefits just by participating.

The project is currently in the first phase of its presale, offering an ideal opportunity for early buyers to secure tokens at a favorable price. With more than half of the total token supply allocated to the Wepe Presale itself, there is still time to join in before the next phase kicks in, making it a prime moment for those looking to get involved early.

Wall Street Pepe’s focus on reimagining a popular meme character isn’t entirely new—this approach has been successful with other projects in the past. By playing on the enduring popularity of Pepe while introducing a unique twist, the project has already garnered attention, even though it’s still in its early days.

Buy Wall Street Pepe

TheTrumpToken – Politifi Token Supporting Donald Trump’s Election Campaign

Dubbed as “America’s Cryptocurrency,” TheTrumpToken is a brand-new crypto gaining momentum as a politically driven project supporting Donald Trump’s campaign efforts. It recently launched its presale for its native token, GREAT, at a price of $10, offering investors an early opportunity to buy into what is being marketed as the largest PolitFi token to date.

Its commitment to the political sphere as a new crypto is clear, having pledged to donate 50% of all presale funds—up to $50 million—to SuperPACs dedicated to Trump’s 2024 re-election. This creates a unique intersection of political activism and crypto investment, allowing supporters to contribute while potentially profiting from the token’s growth.

TheTrumpToken is built on Solana, a highly efficient blockchain, with a total supply of 21 million tokens, mimicking the structure of Bitcoin. This scarcity model ensures that the value of the tokens could increase over time as demand grows within the politically aligned community. Investors are drawn not only by the fixed token price but also by the long-term roadmap, which extends to 2028, coinciding with the next U.S. presidential election cycle.

While much focus is on the political aspect of it, TheTrumpToken also aims to offer value to its community through future rewards. After the election cycle and the donation phase, the project has plans to launch NFTs and introduce other incentives to keep the community engaged. These added benefits position the token as more than just a political tool; it also presents financial opportunities for its holders.

By bringing together political activism with a strong blockchain foundation and future incentives, TheTrumpToken has been marketing itself as one of the best new cryptos to consider right now. Whether one is politically aligned with Trump or simply seeking a unique investment opportunity, the token provides a platform for both contributions to the campaign and potential financial returns, making it an investment worth considering for all types of investors.

Buy TheTrumpToken

Salukis Coin – New Meme Coin Featuring Dog-themed Memes

Salukis is a dog-themed meme coin with a sharp focus on utility. This new cryptocurrency aims to capitalize on Doge-based memes and create an ecosystem that encompasses the best elements of blockchain.

At the core of this project is a lore that tells of multiple dogs from an alien planet who crash-landed on Earth and are now in search of a home. These dogs are kind, according to the official website, and they seek to spread their kindness through various benefits.

These benefits include speed, safety, staking rewards, and more. The token has been structured in such a way that a portion of the transactional profits are used to support global organizations building dog shelters. Additionally, decentralized applications are being crafted through donations.

The roadmap for this project is extensive, with goals such as creating an animated show, launching the Salukis Global Shopping Mall, establishing the Salukis Mainnet, and developing a cryptocurrency exchange.

Developed on Base, Salukis is currently available in presale. The project is also organizing live events through which people can win tokens via referral rewards and social media challenges.

There have been many altruistic projects in the past, and most of them come from the meme niche. In fact, Dogecoin, operated by the Dogecoin Foundation, also functions as a nonprofit organization in many ways. Salukis could become another token of the same nature. Therefore, those looking for more future-centric meme coins should keep an eye on this project.

Buy Salukis

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 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. 

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.

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.

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 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’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?

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 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 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 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.

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 Pepe Unchained.

Buy Pepe Unchained

FAQs