Last updated:

May 16, 2024 13:18 EDT
| 24 min read

Blockchain hosts thousands of crypto projects, with new chains and tokens launched almost daily — but only a few projects add high value to investors. Our analysts reviewed several new crypto project launches that can benefit investors and have strong long-term potential.

We reviewed each crypto in detail and provided guidance on how to discover new crypto launches. Our guide also answers the main questions investors have, and we’ve included key elements investors should analyze and ask themselves to decide if a project is a worthwhile investment.

New Crypto Launches in 2024

• First truly multi-chain Doge token, promising interoperability across major blockchains
• Easy to buy and claim $DOGEVERSE tokens during presale phase
• Could be the next Doge-inspired coin to explode in 2024

Project Launched

April 2024

Purchase Methods

• 

  ETH

• 

  usdt

• Brand new South Park-inspired seal-themed SOL meme coin
• Ideal coin to buy in presale ahead of the expected summer meme coin frenzy
• Thought to be by the team that was also behind the viral SLERF coin

Project Launched

May 2024

Purchase Methods

• 

  Solana

• Infinitely upgradeable AI meme coin, with modular technological capabilities.
• Huge staking rewards available everyday during presale.
• Presale price rises every two days – buy now to benefit from best price before listing.

Project Launched

April 2024

Purchase Methods

• 

  ETH

• 

  usdt

• First of its kind daily rewards based on the performance of Mega Dice Casino
• $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
• $2,250,000+ USD airdrop for casino players

Project Launched

April 2024

• Learn-to-Earn platform that rewards users for learning about crypto
• Stake $99BTC tokens in secure smart contract to earn passive rewards
• Get the edge in fast-moving markets with expert crypto trading signals

Project Launched

April 2024

Purchase Methods

• 

  ETH

• 

  usdt

• 

  Bank Card

• 

  bnb

• +1 more

• Innovatives VR & AR Gaming Project
• Aiming to Raise $15M Across 12 Rounds
• Token Holders Get Lifetime Access to VR Content

Project Launched

January 2024

• Trending meme coin with P2E utility & staking rewards
• Price up 10x in past month, rumors of Binance listing
• 12k+ holders and growing

Project Launched

December 2023

• Buy and hold $SMOG to generate and earn airdrop points
• 35% of supply reserved for future airdrop rewards
• Viral potential after pumping over 1000%

Project Launched

February 2024

Purchase Methods

• 

  usdt

• 

  Solana

• Native BSC token
• Audited by Coinsult
• Long-term rewards for holders

• New meme coin offering an immersive experience via high-stakes battles
• Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
• Token holders can cast votes on key project decisions and try their luck in the ‘Lucky Lasso Lotteries’

Project Launched

April 2024

• First crypto-based lending platform, allowing loans up to 75% of the total Memereum assets.
• Comprehensive insurance coverage for digital coins and precious metals, including gold and silver.
• High-value holders get state-of-the-art NFTs, valued over $1,500 in the open market.

Project Launched

March 2024

• BlockBets is the future of cryptocurrency gaming with casino, sportsbook and poker offerings.
• Offers 1000x leverage trading with over 20 top cryptos supported with no bid-offer spreads and competitive fees.
• Early presale investors get daily passive staking rewards, the chance to win a share of 5% of all buybacks, as well as BlockBets credits.

Project Launched

April 2024

The Top Crypto Launches to Watch This Year

Before we get into the detailed reviews of the top crypto launches, let’s quickly find out what each offers.

1. Dogeverse ($DOGEVERSE) – Earn ETH staking rewards with this multi-chain token that’s set to go hyper-viral
2. Sealana ($SEAL) – Newest Solana meme coin with viral potential and simple presale process
3. WienerAI ($WAI) – Latest dog-themed meme coin with over 3,500% staking APY
4. 99Bitcoins ($99BTC) – Earn staking rewards with this learn-to-earn token from a trusted crypto community
5. 5th Scape ($5SCAPE) – VR ecosystem token with a 350% potential presale growth
6. Sponge V2 ($SPONGEV2) – 100x original token relaunch with 106% staking APY
7. Smog ($SMOG) – Popular crypto launch aiming to deliver the greatest airdrop on Solana
8. eTukTuk ($TUK) – Crypto project that reduces emissions with EVs, offers 207% staking APY
9. Shiba Shootout ($SHIBASHOOT) – Shiba-themed meme coin, offering real utility
10. Mollars ($MOLLARS) – DeFi and gaming crypto with a burn mechanism. Raised $850K+ in presale
11. Dreamcars ($DCARS) – New crypto democratizing luxury car ownership. Get high staking rewards
12. Gas Wizard ($GWIZ) – New crypto launch from a project designed to help you pay less at the gas station
13. BlastUp ($BLP) – Early-stage project launchpad with Blast native yield rewards

A Closer Look at the Best New Coin Launches

We start off our list of the top new coin launches with some brand-new projects in the early phases of their presale:

1. Dogeverse ($DOGEVERSE) — The Best New Crypto Launch to Invest in 2024

Dogeverse is an innovative meme coin, making a splash in the 2024 crypto market. This token sets itself apart as the first multichain meme coin, available across six major blockchains — Ethereum, BNB Chain, Polygon, Solana, and soon Avalanche and Base. This way, users can buy and claim $DOGEVERSE across all these platforms seamlessly.

Central to Dogeverse’s appeal is Cosmo the Doge. Born from a cosmic event, Cosmo represents the agility and interconnected nature of Dogeverse. This isn’t just about hopping from one chain to another; it’s about uniting diverse crypto communities under one humorous and creative banner.

Cosmo is the hyper jumping star of the cross-chain Dogeverse

With a total supply of 200 billion tokens, Dogeverse’s allocation strategy is designed to support every aspect of its ecosystem. From liquidity and marketing to community incentives, each token serves a purpose, ensuring a robust and sustainable model. Moreover, the staking feature on Ethereum allows token holders to earn passive rewards, enhancing the appeal for long-term investors.

Dogeverse tokenomics

The ICO performance of Dogeverse is a testament to its potential. Garnering $1 million within two days, surpassing its initial 4-day target, signals strong market interest. The coin’s approachability is bolstered by its straightforward buying process, low gas fees, and easy bridging across chains.

Dogeverse isn’t just riding the meme coin trend; it’s reinventing it. The roadmap indicates an ambitious plan for expansion and visibility, with applications for listings on CoinGecko and CoinMarketCap and upcoming DEX and CEX listings.

Dogeverse’s innovative multichain approach, charismatic mascot, and strategic ecosystem make it a promising and potentially lucrative new crypto coin worth investing in for 2024.

Presale Start Date	April 2024
Purchase Methods	USDT, ETH, BNB, MATIC, AVAX, BASE, SOL, Card
Chain	Multichain
Presale Supply	30 billion
Current Price	$0.00031

Visit Dogeverse

2. Sealana ($SEAL) – Newest Solana Meme Coin with Viral Potential and Simple Presale Process

Sealana is a standout new cryptocurrency in 2024, distinguishing itself with its Solana-based meme token, featuring a unique character reminiscent of Gamer Guy from “South Park”. This patriotic, crypto-trading seal character offers a novel touch to the meme coin sector, blending American pop culture with the crypto world.

The Sealana presale offers straightforward access, enabling investors to buy $SEAL with SOL. Despite Solana’s recent dips, its meme tokens continue to thrive, demonstrating solid investor interest.

Sealana’s potential for growth is promising with planned listings on major crypto exchanges, which could boost its visibility and demand. The token’s expansion into areas like gaming or DeFi could enhance its utility and market presence.

Investors are drawn to Sealana for its unique story and competitive presale price, which is likely to rise following exchange listings and market recovery.

Presale Start Date	May 2024
Purchase Methods	SOL
Chain	Solana
Presale Supply	N/D
Current Price	$0.022

Visit Sealana

3. WienerAI – Latest Dog-themed Meme Coin With a Generous Staking APY of Over 3,500%

WienerAI ($WAI) is one of the top token launches to have graced the crypto market in 2024. The project aims to ride on the growing popularity of meme coins and artificial intelligence to soar to the moon. 

With its distinctive approach, $WAI stands tall above its counterparts due to its unique combination of humor, finance, and technology. As the first project that combines artificial intelligence and canines, $WAI intends to overtake well-established doge-themed meme coins and become a force to reckon with through what its whitepaper describes as “weenie gunning for top dog on the charts.”

To achieve this goal, $WAI is planning to build a strong community that’s described as “his legion of allies.” The project team has already set aside 20% each for staking and community rewards. According to its whitepaper, the staking rewards will help incentivize users for engaging with its ecosystem. 

At press time, $WAI is offering a whopping 3586% return for early movers of the token which places the token among the most anticipated token launches.

Presale Start Date	April 2024
Purchase Methods	USDT, ETH, BNB, MATIC
Chain	Ethereum
Presale Supply	20.7 billion
Current Price	$0.000707

Visit WienerAI

4. 99Bitcoins — Innovative Learn-to-Earn Token Backed by a Trusted Crypto Community

99Bitcoins is a new crypto launch making waves in the industry with its unique Learn-to-Earn (L2E) model. Launched by a well-established educational platform in crypto, 99Bitcoins, this token merges education with cryptocurrency.

Known for its best-in-class educational resources, the platform has a solid base of 700,000 YouTube subscribers and 2 million course users, providing it with a significant community to kickstart its new venture.

Incentivized crypto learning platform 99Bitcoins.

99Bitcoins’ move to launch $99BTC token coincides with Bitcoin’s approaching halving, an event historically known to boost market prices, hinting at an opportune moment for price appreciation.

The tokenomics involve a total supply of 99 billion $99BTC, with 15% allocated for a presale across fourteen rounds. The L2E model is particularly engaging, rewarding users with crypto for learning about it. This approach gamifies education, offering quizzes and interactive modules that translate learning achievements into tangible rewards.

$99BTC holders are not just learners but also beneficiaries of multiple perks: from staking rewards on Ethereum to access to exclusive content, trading signals, and VIP community groups. The platform’s commitment to education and community building in the crypto space sets it apart.

99Bitcoins is amplifying its launch with a substantial airdrop and giveaway, rewarding early adopters and community members. This, coupled with the platform’s existing reach and new mobile apps, positions 99Bitcoins’ token as a promising new crypto launch in 2024.

Presale Start Date	April 2024
Purchase Methods	USDT, ETH, BNB, and card
Chain	Ethereum (will bridge to Bitcoin)
Presale Supply	10.395 billion
Current Price	$0.00105

Visit 99Bitcoins Token

5. 5th Scape (5SCAPE) — Newly-Launched Utility Token Powering a Virtual Reality Ecosystem

5th Scape (5SCAPE) is one of the first virtual and augmented reality ecosystems that aims to connect users in its hyper-realistic gaming ecosystem. By leveraging 5SCAPE, the utility token, users can access various games, products, and educational content. 

Now in its fourth presale stage, $5SCAPE is priced at $0.00285 per token. The token will be allocated across 12 presale rounds. By the final stage, the 5SCAPE price will increase to $0.0087 — an increase of more than 350%. Thus, early investors can acquire the token for a lower level, ahead of the initial exchange offering. 

Token holders are given free access to the upcoming VR games on 5th Scape. These include Cage Conquest – an MMA-themed VR ecosystem. Other games include ‘Epic Cricket Arena,’ putting you at the center of the Cricket action. You can play match days and enjoy a realistic gaming experience. 

The 5thScape whitepaper states that 5SCAPE will be listed on crypto exchanges by Q3 2023. The exchange listing will be followed by multiple game launches – which could help the token price soar in the long term. 

For more information on this VR project, join the 5th Scape Telegram channel.

Presale Start Date	January 2024
Purchase Methods	ETH, BNB, MATIC, USDT, Card
Chain	Ethereum
Presale Supply	4,164,175,455
Current Price	$0.00327

Visit 5th Scape

6. Sponge V2 (SPONGEV2) – New Crypto Launch Offering Generous Staking Rewards

Sponge V2 (SPONGEV2) promises to be better, bigger, and more absorbent. This is impressive, considering the original token was worth $100 million at its peak and exploded by 100x.

Investors can expect a lot from the SPONGE sale. SPONGE’s whitepaper states that the only way for investors to obtain V2 tokens is to bridge from V1 tokens. Investors who permanently lock and stake their V1 tokens receive four years of staking rewards for SPONGEV2. This is a huge reward for being the first to switch to the new token.

The project also aims to list the SPONGEV2 token on Binance, OKX and other major exchanges to absorb the damp everywhere. As Binance’s listing of BONK tokens and MEME shows, these exchanges are rocket fuel for meme coins.

If it hits these exchanges, look for SPONGE to surpass $100 million in valuation again. For the latest listings, keep an eye on Sponge X or Telegram. Investors can find out more on the SPONGE Discord channel.

Presale Start Date	December 2023
Purchase Methods	ETH, BNB, MATIC, USDT, Card
Chain	Ethereum
Presale Supply	40.395 billion
Current Price	$0.001688

Visit Sponge V2

7. Smog (SMOG) – New Crypto Launch Aims to Deliver The Greatest Token Airdrop on Solana

Smog (SMOG) is the latest token launch that aims to drop 490 million tokens and make the greatest Solana airdrop and outperform all meme coins on the blockchain, such as Bonk, Myro and Dogwifhat. To receive a portion of the airdrop, you must hold SMOG tokens first.

Buy SMOG on Solana using the Jupiter aggregator. Connect your Solana wallet, such as Phantom, and use SOL, USDC or USDT to complete the purchase. Ethereum users can also buy SMOG directly on the SMOG website, either with ETH, USDT or a card. 

If you buy SMOG with ETH, you can stake it for 90 days and earn 42% staking APY. Both stakers on Ethereum and holders on Solana are eligible for the 490 million token airdrop. That’s 35% of the total token supply, with 50% of the total supply dedicated for marketing efforts. This means there’s a huge potential that SMOG will reach meme coin levels and outperform its Solana peers.

Make sure to follow Smog on X and join the Smog Telegram channel for the latest information.

Presale Start Date	February 2024
Purchase Methods	ETH, USDT, Card
Chain	Ethereum and Solana
Total Presale	N/A
Current Price	$0.05537

Visit Smog

8. eTukTuk (TUK) – New Crypto Launch Aiming To Reduce Carbon Emissions With EVs

eTukTuk (TUK) is a new crypto launch on the Binance Smart Chain that aims to tackle global challenges like climate change and economic inequality. It’s mainly focusing on sustainable transport in developing countries.

The platform’s main goal is to transition existing tuk-tuk fleets powered by Internal Combustion Engines (ICEs) to electric vehicles (EVs), significantly cutting carbon emissions. Plus, eTukTuk is establishing a network of Electric Vehicle Supply Equipment (EVSE) and solar charging stations with local partners, readying for a broader EV rollout.

As per the eTukTuk whitepaper, the platform’s token, TUK, has various uses. Primarily, it will be utilized for transactions at EV charging points. As these stations become more popular, part of the revenue will be shared with local collaborators who maintain and power the stations. Also, TUK token owners can stake the tokens to earn an APY that grows with the rise in transactions and EVSEs.

The presale has now raised more than $1.8m and offers 137% staking APY – to stay updated on eTukTuk’s progress, consider joining the token whitelist and following the eTukTuk Telegram channel.

Presale Start Date	June 2023
Purchase Methods	ETH, BNB, USDT, Card
Chain	Binance Smart Chain
Presale Supply	120 million
Current Price	$0.0315

Visit eTukTuk

9. Shiba Shootout – Shiba-themed Meme Coin, offering Real Utility

As the meme coin frenzy continues to push top tokens in the market segment to the moon, savvy investors are now on the lookout for a crypto with the highest potential. Amid the list of options available, Shiba Shootout ($SHIBASHOOT) stands out, presenting itself as one of the top crypto launches this year. 

With its novel narrative of gathering crypto enthusiasts in a bustling digital settlement of Shiba Gulch which lies in the heart of the Wild West crypto frontier, $SHIBASHOOT aims to build an interactive community. While most meme coins rely on a humorous character and ever-active community alone, $SHIBASHOOT has taken a step further by adding real utility to its offerings. 

The meme coin is on the course of transcending beyond the traditional boundaries of cryptocurrency, offering investors the opportunity to join its thrilling adventure that comes with “creativity, strategy, and the charm of a cowboy’s duel.”

As expected, $SHIBASHOOT has been gaining huge attention despite launching a few hours ago. The meme coin has already attracted the attention of a popular crypto analyst on YouTube, ClayBro who spoke highly of the token’s exquisite offerings. 

Considering its perfect launch timing, community-oriented tokenomics, real-world utility, and meme coin allure, Shiba Shootout’s ongoing presale is expected to witness more participation for degens seeking the best opportunity to increase their bags. 

Presale Start Date	April 2024
Purchase Methods	ETH, BNB, USDT, Card
Chain	Ethereum
Presale Supply	770 million
Current Price	$0.019

Visit Shiba Shootout

10. Mollars (MOLLARS) – DeFi and Gaming Crypto With A Burn Mechanism

Mollars ($MOLLARS) is an emerging crypto launch that blends the appeal of meme tokens with Web3 and gaming functions. The platform aims to revolutionize the DeFi sector by focusing on decentralization, autonomy, and community governance.

After its launch, it plans to transition to a community-driven governance model, allowing $MOLLARS holders to have a say in its future.

The project has raised over $1 million in its presale, showing strong community interest and support. This enthusiasm suggests Mollars could become a key player in the DeFi landscape. 

With a total supply of 10 million tokens, 40% is available in the presale at a discounted rate for early buyers. Its tokenomics have a 3% transaction tax for ecosystem growth and a 1% burn rate to increase token value over time.

Mollars also improves its ecosystem by offering more utility with a decentralized exchange and gaming platform. It offers an exciting option for those interested in participating in a platform that converges gaming, Web3, and DeFi.

Potential investors and community members can read the Mollars whitepaper and engage with the community on Telegram and X (Twitter) to stay updated on its progress.

Presale Start Date	December 2023
Purchase Methods	ETH, USDT, Card
Chain	Ethereum
Presale Supply	4 million
Current Price	$0.47

Visit Mollars

11. Dreamcars ($DCARS) – First Crypto Used to Democratize Luxury Car Ownership with Car-Backed NFTs

The Dreamcars ($DCARS) project is the first cryptocurrency that democratizes luxury car ownership by leveraging blockchain technology. 

With $DCARS, the native token, you can purchase a fraction of various luxury car brands – such as Bentley, Porsche, and Ferrari. Dreamcars also allows token holders to purchase NFTs, which are backed by physical cars. 

Your $DCARS tokens can also be staked on the smart contract to earn an APY as high as 60%. Depending on your $DCARS trading volume, Dreamcars offers access to the Exclusive Dreamcars Members Club. 

Members of this club get exclusive VIP packages, $DCARS token bonuses, and platinum staking rewards. Thus, Dreamcars is offering an alternative asset investment opportunity that is backed by a real-world product. 

This new cryptocurrency has recently launched on presale, where 50% of the overall 2 billion token supply is being distributed. Currently, $DCARS is priced at $0.0105 per token. So far, the presale has raised over $258K in a few days. 

For more information, read the Dreamcars whitepaper and join the Telegram channel. 

Presale Start Date	May 2024
Purchase Methods	ETH, BNB, USDT, Card
Chain	Ethereum
Presale Supply	1 billion
Current Price	$0.0105

Visit Dreamcars

12. Gas Wizard – New Crypto Project Aiming to Lower Your Gas Station and EV Charging Station Costs

Gas Wizard is an exciting crypto project with real-world utility designed to help you pay less when refueling your car or recharging your EV. The way it works is you use a gas or charging station from the Gas Wizard partner network and you get discounts and earn rewards in $GWIZ for using them.

This is a form of loyalty network built on the blockchain to save cost, increase transparency and speed. Moreover, with a feature called GasWizard Challenge, community members are rewarded for updating gas prices, giving Gas Wizard users a real-time overview of the cheapest stations.

The project is now in a presale phase where you can buy $GWIZ tokens for $0.01 apiece. This is the first presale stage out of 10. Each consecutive stage will have a higher price than the previous.

The $GWIZ token is an ERC-20 token, and you can buy it with ETH, BNB, WBTC, USDT or USDC both on the Ethereum and Binance networks.

Only 6% of the total token supply is available in a presale and a public sale, while 30% of the total token supply will be used for staking and platform rewards when these features become available.

Make sure to follow the Gas Wizard X account and join the Gas Wizard Telegram channel for the latest information.

Presale Start Date	April 2024
Purchase Methods	ETH, BNB, WBTC, WETH, USDC, USDT
Chain	Ethereum
Presale Supply	150 million
Current Price	$0.01

Visit Gas Wizard

13. BlastUp (BLP) – Early-Stage Project Launchpad With Native Yield

BlastUP is an innovative launchpad platform on the Ethereum blockchain that rewards its users. From start to finish, BlastUP screens potential projects to make sure only the high-quality projects will launch and helps the project prepare for their launch from tokenomics to documentation preparation.

The idea behind the BlastUP token (BLP) is that users who hold it will receive a certain allocation for token sales on projects launched on BlastUP. By staking your BLP, you earn interest and get loyalty rewards for participating in IDOs.

On top of earning rewards with BLP, you can also stake ETH and stablecoins as Blast is Ethereum’s Layer 2 protocl. In fact, this is the first L2 protocol to reach $1 billion in total value locked (TVL) in 35 days. That’s because Blast offers auto rebasing where ETH yield comes from Lido while stablecoin yield from the MakerDAO. 

Over 11,000 participants have raised more than $5 million so far in the BLP presale out of $12 million targeted. One BLP goes for $0.06 at the current presale stage and it will go up to $0.065 in the next stage. The estimated price on launch is $0.1. Presale participants will get up to 12% in Booster Points, and those who hold 1,000 or more Booster Points are eligible for weekly Blastbox airdrops, which contain NFTs, stablecoins and more.

Check out the BlastUp whitepaper for more info. Also, follow BlastUp on X and join the BlastUp Telegram channel for more information.

Presale Start Date	February 2024
Purchase Methods	ETH, BNB, MATIC, USDB, USDT, Card
Chain	Ethereum
Presale Supply	200 million
Current Price	$0.06

Visit BlastUp

What Are Crypto Launches? 

A crypto launch refers to the introduction of a new crypto project to the market. Newly launched cryptocurrency can be released in any of the following ways:

1. Initial Coin Offerings (ICOs), Token Sales, or Token Generation Events (TGEs) – The issuing and selling of a new cryptocurrency token to investors and supporters, generally at a discounted rate, to raise capital for the development of a project.

2. Initial Exchange Offerings (IEOs) – Token sales conducted on cryptocurrency exchanges. The exchange hosts and manages the token sale on behalf of the project. 

3. Security Token Offerings (STOs) – STOs involve the issuance of security tokens, which represent ownership or a stake in an underlying asset. Such tokens are subject to securities regulations.

4. Airdrops – Crypto airdrops involve the distribution of free tokens to existing cryptocurrency holders. These can be a marketing strategy to create awareness, reward loyal users, or distribute tokens in a decentralized manner.

5. Forks – When a new version of a cryptocurrency’s protocol is implemented, a fork occurs. This results in a split, creating two separate blockchains with distinct rules.

6. Project Launches – Beyond token launches, new crypto projects launching soon can introduce new blockchain technologies, platforms, or decentralized applications (dApps) to the market. 

How to Find New Crypto Launches

Investors wanting the best possible crypto prices should get involved in projects in their infancy. That means finding crypto before it lists and investing in projects when they’re in presales or during the ICO. Below are some resources for finding such avenues.

ICO Calendar

The most popular ICO calendar is provided by CoinMarketCap. The convenient aspect of using this source for new coin launches that it shows upcoming ICOs and ongoing projects. Having access to the upcoming ICO information enables investors to gauge projects potentially in the presale stages.

CoinMarketCap’s calendar also provides information about projects that recently concluded their ICO. Those platforms are also considered to be new crypto launches.

Events

Networking is a powerful tool for attaining wealth. The best way to network with like-minded individuals is by attending crypto events. The key speakers usually have an inside scoop about upcoming projects.

Even if the speakers don’t mention new crypto coins during the speech, investors can speak to them after the event. Meeting one of the attendees who know about new crypto launches is highly likely.

Exchanges

The best crypto exchanges advertise new coin listings well in advance to ensure sufficient liquidity the day the coin starts trading.

A key advantage of buying new crypto when it launches on an exchange is the possibility of getting the lowest prices. Then when the rest of the market enters, the demand should increase the coin’s value. 

What Makes a Coin Pump After Launching

Understanding what drives a coin’s price surge post-launch is crucial for investors. Recognizing these triggers can help in making informed decisions, anticipating market movements, and identifying potential investment opportunities. This section explores key factors that contribute to a coin pump after it enters the market.

Hype and FOMO

Hype and FOMO (i.e., Fear of Missing Out) can significantly drive up a coin’s value post-launch. Emotional trading, spurred by strong marketing and the perception of scarcity, compels investors to buy early to avoid missing potential gains. These factors create a rush of purchases, often resulting in a sharp increase in the coin’s price as demand exceeds supply.

Sold-Out Presales

Cryptos that sell out in presales often have limited initial supply, creating a supply-demand imbalance when they launch on exchanges. This scarcity drives up demand as investors who missed the presale rush to purchase on the open market, often leading to a rapid price increase. A sold-out presale signals strong investor interest and anticipation, adding to the buying frenzy at launch.

Exchange Listing Announcements

Exchange listing announcements can significantly boost a coin’s price as they expand market access and enhance credibility. When a new coin is listed on a major exchange, it attracts a broader audience of traders and investors, leading to increased buying activity. This visibility often results in a sharp price surge due to the perceived increase in legitimacy and potential for wider adoption, making the coin more desirable to purchase.

Trading Volume Competitions

After a coin launches, exchanges may host trading volume competitions, offering rewards like airdropped tokens to active traders. These incentives encourage increased buying and selling, boosting the coin’s trading volume. This heightened activity raises the coin’s market visibility and its perceived value, often leading to a price pump as more traders participate to win rewards, further fueling the demand.

Low Circulating Supply

A low circulating supply can sharply drive up a coin’s price after launching due to scarcity. With fewer tokens available, even moderate demand can lead to significant price increases as buyers compete for a limited supply. This scarcity effect is akin to rare collectibles; the rarer the item, the higher the potential value, attracting more investors seeking potential price appreciations from low supply cryptos.

How to Decide Whether to Invest in a Crypto Launch

Navigating a crypto launch requires strategic decision-making to ensure the viability of your investment. Understanding the fundamentals behind the project and assessing its potential can guide investors towards making more informed choices.

Evaluate the Coin’s Utility

To evaluate a coin’s utility, consider if the token has real-world applications, solves specific problems, or offers unique services. Utility tokens provide more than speculative value; they facilitate transactions or interactions within their ecosystems.

For example, Binance Coin (BNB) reduces trading fees on its platform. This intrinsic utility often underpins long-term value.

Look for Strong Marketing

Investigate the project’s marketing efforts to gauge its visibility and investor interest. Strong marketing can indicate the team’s commitment to growth and outreach.

Check for active social media presence, engagement strategies, and partnerships with reputable companies. Effective marketing can drive demand, boosting the coin’s initial uptake and sustained interest.

Research the Coin Launch Price

Analyzing the launch price involves comparing it with similar projects and assessing the initial market cap. A reasonably set launch price, suggests a grounded approach by the founders. It should align with the project’s scope and market potential, avoiding unrealistic evaluations that deter savvy investors.

Secured Exchange Listings

Find out which exchanges will list the new coin by checking announcements on official project pages or crypto news websites, such as CryptoNews.

Secured listings on prominent exchanges enhance a coin’s credibility and liquidity, making it more accessible to a broader audience. These listings are critical for providing the necessary trading volume that supports price stability.

Team and Developer Transparency

Assessing team transparency involves reviewing the project’s website and communications for detailed information about the founders and developers.

A transparent team discloses their background and track record, which builds trust. Knowing who is behind the project helps investors feel more secure, particularly against potential scams or mismanagement.

Conclusion: What Is the Top New Coin Launch 2024?

Dogeverse is the best new crypto launch due to its innovative multichain functionality across key blockchains and its engaging, community-centric approach, offering users both versatility and a strong potential for growth in the meme coin market.

Visit Dogeverse

 

Up and Coming Crypto Launches FAQs

What new cryptocurrencies are coming out?

Several crypto projects are added to the blockchain daily, but only a few a worth investing in. We found that projects, such as Dogeverse, WienerAI, Sealana, 99Bitcoins, and 5th Scape, are new coin launches with excellent utility and a big future.

What is the best up and coming crypto?

Dogeverse is the best up-and-coming crypto, offering a unique multichain presence and a community-driven approach, making it a standout choice among new crypto launches.

Where can I find newly launched crypto?

Investors can look for newly launched crypto in several places, such as ICO calendars, crypto events and exchanges. CoinMarketCap is a popular ICO calendar, and attending events with industry leaders as key speakers helps investors gain insight into crypto presales and new coin launches.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

About the Author

After graduating with two finance degrees, Goran worked in corporate finance for six years before becoming a full-time writer. He discovered crypto in 2017 and has been an investor in digital assets since, seeking new assets that will boost his portfolio. He specializes in news and evergreen content on Cryptonews.

About Cryptonews

At Cryptonews, we aim to provide a comprehensive and objective perspective on the cryptocurrency market, empowering our readers to make informed decisions in this ever-evolving landscape.

Our editorial team, comprised of more than 20 professionals in the crypto space, works diligently to uphold the highest standards of journalism and ethics. We follow strict editorial guidelines to ensure the integrity and credibility of our content.

Whether you’re seeking breaking news, expert opinions, educational resources, or market insights, Cryptonews.com is your go-to destination for all things crypto since 2017.

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