19 New Cryptocurrencies to Watch and Invest In July 2024

Updated: July 17, 2024 | 10:40 AM

Are you looking for a new cryptocurrency to buy? New cryptocurrency projects aren’t always trustworthy, and you always run the risk of investing in a pump-and-dump.

In this guide, we explore new crypto coins and analyze their functionality and whitepapers to help you make an educated decision.

The crypto industry is massive, with countless crypto projects appearing every day. Vetting the teams behind them isn’t easy, and finding a good trend analysis for the newest crypto is a losing race. This makes it increasingly difficult to choose a good project to invest in.

Scam coins and short-lived projects also plague the industry, making crypto investments a high-risk endeavor.

Our team has curated a list of the best crypto to buy after analyzing their functionality, roadmap, whitepaper, and market trends. Keep reading below.

In This Guide

The Best New Crypto to Buy in July 2024

In the list below, we present the newest crypto coins that have made the headlines recently, plus several passion projects we’re keen on.

Every coin showcased has passed rigorous assessments from our experts.

We’ve read the whitepapers, looked at roadmaps, analyzed the community pulse, and reached a definitive conclusion. But we strongly encourage you to DYOR (Do Your Own Research) when investing in crypto.

1. Pepe Unchained ($PEPU) – The Pepe Token Gets an Upgrade, Offers Up to 17,610% Staking APY


    
        
    
        
            




        
        Pepe Unchained ($PEPU)
    
    
        Ethereum Layer 2 Project for Faster & Cheaper Transactions
Pepe the Frog Grows Up to Be a Degen Crypto Token Billionaire
Insane Staking APY of 17,610% Currently
    
    
        
				Project Launched
				June 2024
			
    
    
        
    
    
        Purchase Methods
ETH
USDT
Card
BNB
+1 more
    
    
        Visit

Leveraging the meme power of Pepe the Frog, Pepe Unchained ($PEPU) offloads workload to an Ethereum Layer-2 blockchain for speedy and cost-effective transactions.

While the original $PEPE achieved impressive gains this year (1,148%), $PEPU aims for even greater results. By moving to a LAyer-2 chain, $PEPU seeks to surpass the limitations of its predecessor.

$PEPU is now selling on presale at $0.008 and already raised over $500K. Early investors can stake their tokens at a 17,610% dynamic APY for passive gains. It’s worth noting that the rate is subject to change as more investors join the pool.

Tokenomics Features	$PEPU Tokenomics Data
Presale	20%
Staking	30%
Marketing	20%
Liquidity	10%
Project Funds	10%
Chain Inventory	10%

$PEPU is on a quest to make Pepe the Frog meme great again and become the top meme coin. Community incentives and continuous marketing efforts should help $PEPU achieve its goals.

Read the project’s whitepaper for more information, and follow its X channel for announcements.

Project Macro Data	$PEPU Project Data
Presale started	June 2024
Purchase methods	ETH, USDT, BNB, Card
Min investment	None
Max investment	None

See Pepe Unchained Now

2. The Meme Games ($MGMES) – Crypto Betting with an Olympic Twist

The Meme Games ($MGMES) is where ‘crypto meme coin fanaticism meets the spirit of the 2024 Olympics.’ They can bet on and race their favorite meme coins to potentially boost their crypto holdings.

The Meme Games ($MGMES)

Olympics Inspired ERC-20 Crypto Token with Built-in Gamification
Back Your Favorite Meme Athlete to Win Exponentially More Tokens
Secure More Tokens by Diversifying Your Purchase on Multiple Athletes
Audited by SolidProof and Coinsult

Project Launched

July 2024

Purchase Methods

ETH
USDT
Card
BNB
+1 more

Visit

Now available on presale, one $MGMES is currently $0.009. Showing early interest in the Meme Games ecosystem, the meme coin has already raised over $16K+.

Meme Games features $PEPE, $DOGE, $WIF, $BRETT, or $TURBO. Here’s how the game works.

Buy $MGMES on presale
Pick your favorite meme coin
Watch your meme character run 169m
Receive a 25% presale token if your chosen coin wins

All meme coins have a chance of winning; therefore, every player has a good chance of winning.

To boost your earnings, you can stake your tokens, which currently have an estimated 4,501% APY.

Once the presale finishes, $MGMES will be listed on top crypto data aggregators and DEXs, which will likely increase the meme coin’s price.

Tokenomics Features	$MGMES Tokenomics Data
Maximum supply	2,024 billion
Total staked	2,248,591
Staking rewards	4,501% APY
Presale	38% (769.12 million)
Staking	10% (202.4 million)
Project funds	17.70% ( 358.248 million)
Games winnings	9.30% (188.232 million)
Liquidity	10% (202.4 million)
Marketing	15% (303.6 million)

Purchase $MGMES by heading to to the official presale website, connecting your wallet, and selecting the amount you want to buy.

Token Information	$MGMES Project Data
Presale started	July 16, 2024
Purchase methods	BNB, USDT, ETH, fiat
Chain	Ethereum
Min investment	None
Max investment	None

Check Out The Meme Games Today

3. WienerAI (WAI) – AI Meme Coin Raises $370,000 in Only Days

WienerAI ($WAI)

ERC20 Token on the Ethereum Blockchain
3,440% Estimated staking APY
3rd Party Audit by Coinsult

Project Launched

11 April 2024

Purchase Methods

ETH
USDT
BNB
Card
+1 more

Visit

WienerAI is a new canine crypto that merges two hot niches: meme and AI. And one part sausage, going by their marketing. That’s right, the project’s mascot is a Dachshund, and it has already attracted over 4,400 followers on X, which results in a lot of positive sentiment around the project.

The project has raised $100,000 in minutes of going live and now stands at $370,000. One $WAI is valued at $0.0007, and investors have already staked $547M+ tokens with a rewards rate of 1,892%. The developers seem determined to have a strong project launch.

Tokenomics Features	WienerAI Tokenomics Data
Maximum Supply	69 billion
Total Staked	547 million
Estimated Staking Rewards	1,892% APY
Allocated for Presale	30% (20.7 billion)
Allocated for Marketing	20% (13.8 billion)
Allocated for Staking	20% (13.8 billion)
Allocated for Community Rewards	20% (13.8 billion)
Allocated for DEX/CEX Liquidity	10% (6.9 billion)

Based on the whitepaper, WienerAI wants to become the top dog of the canine crypto world and build a ‘Sausage Army’ of loyal followers.

The project’s roadmap shows a long-term vision of upgrading the protocol and launching on CEXs and DEXs after the presale. With the 6.9 billion tokens allocated for liquidity, establishing stability early on shouldn’t be difficult.

WAI is very similar to ScottyAi, another AI meme project that did a 2x on launch and maintained its price for several weeks, bringing early investors significant returns.

As an ERC-20 token, WAI benefits from the blockchain’s low costs and interoperability with dApps and other Ethereum-based projects.

The team has recently announced they’ll add a trading bot feature due to community requests. This will bring more utility to the meme project.

You can buy WienerAI with ETH, BNB, USDT, or a card. The presale is still live, and the price has already more than doubled from $0.0003 to $0.0007.

Visit WienerAI Today

4. PlayDoge ($PLAY) – Doge Mobile Game Raises $208K in Minutes

PlayDoge ($PLAY)

Doge Meets the Legendary Tamagotchi Phenomenon of the Early 2000s
BEP-20 Token with Dedicated Tamagotchi-Style P2E Game
Staking with 10,865% Starting APY, Earn Bonus $PLAY In-Game
Interactive Multiplayer Game Ensures Lasting Utility and Engagement

Project Launched

May 2024

Purchase Methods

BNB
USDT
Card
ETH
+1 more

Visit

PlayDoge ($PLAY) is a new BEP-20 token on the Binance Smart Chain. It combines the Doge lineage with GameFi, creating a 2D Doge mobile game with passive income opportunities.

$PLAY has raised over $208K in minutes after going on presale.

According to Precedence Research, the global video game market is expected to reach $665B in 2033. Doge meme coins are also peaking, with Dogecoin gaining 10% in the last month.

Tokenomics Features	PlayDoge Tokenomics Data
Maximum Supply	9.4 billion
Allocated for Presale	50% (4.7 billion)
Allocated for Marketing	12.5%( 1.175 billion)
Allocated for Project Funds	12.5% (1.175 billion)
Allocated for Liquidity	11.5% (1.081 billion)
Allocated for Community Rewards	7.5% (705 million)
Allocated for Staking	6% (564 million)

The project will offer:

Play-to-Earn with real-world stakes and monetary incentives
Leaderboard $PLAY rewards based on performance
GameFI token earning mechanism and broader utility
$PLAY as the main in-game currency for accessing special features

Read the project’s whitepaper and follow them on X to stay up to date with the latest developments. PlayDoge also has a SolidProof audit that will further builds trust in the community and attract investors.

1 $PLAY is currently worth $0.005, and the price will increase as the presale raises more funds. You can buy $PLAY using BNB, USDT, ETH, or Card from the official presale website.

Stake PlayDoge Now

5. Shiba Shootout ($SHIBASHOOT) – Western Shiba Token Offers 2,268% APY and Significant Utility

Shiba Shootout is a new Shiba Inu-inspired meme coin that promises to innovate the meme coin sector through appealing utility and attractive rewards. The presale has already raised over $480K, with one day left until the next price increase.

Shiba Shootout ($SHIBASHOOT)

Wild West lottery system for even bigger payouts
Utility ideas include referral program, governance discussions, savings, and more
2,268% estimated staking APY

Project Launched

April 2024

Purchase Methods

ETH
USDT
BNB
Card
+1 more

Visit

The project will offer several utilities:

Posse rewards: invite friends to the $SHIBASHOOT community to receive bonus tokens.
Campfire stories: share your crypto experiences in a storytelling format, and the best one receives token rewards.
Token governance holdups: vote on key project decisions.
Lucky lasso lotteries: buy tickets for a chance to win crypto prizes. A portion of the winnings will go toward charities.
Savings saddlebags: automatically allocate a $SHIBASHOOT share to a dedicated wallet for passive rewards.
Cactus staking: stake your tokens on a cactus plant that grows as you earn more passive income.

Shiba Shootout has created an immersive Western landscape for token holders to participate in, with the digital town of Shiba Gulch at the center of that. According to the whitepaper, $SHIBASHOOTOUT will continue developing the fictional setting to attract more meme enthusiasts.

From a total supply of 2.2B tokens, 35% will be sold during presale (770M), giving early supporters significant governance in the ecosystem. Over 440M will also go toward staking, emphasizing long-term rewards.

Tokenomics Features	Shiba Shootout Tokenomics Data
Maximum Supply	2.2B
Presale	35% (770M)
Staking	20% (440M)
Marketing	20% (440M)
Liquidity	10% (220M)
Project Funds	10% (220M)
Rootin’ Tootin’ Shooters Funds	5% (110M)

The project has over 930 X followers and is becoming more popular by the day. With a Solidproof audit and a Coinsult KYC, $SHIBASHOOT is earning significant community trust.

Investors have already staked over 14M tokens with a 2,268% staking APY. To buy $SHIBASHOOT, visit the official presale, connect your wallet to the widget, select a purchase method, and get your tokens.

Currently, 1 $SHIBASHOOT is $0.0194, and the price will increase in the next 24 hours.

Visit Shiba Shootout Official Site

6. Base Dawgz ($DAWGZ) – Base Jumping Shiba Inu Goes Multichain and Raises $37K in One Day

Base Dawgz ($DAWGZ)

Shiba Inu Meets Base Jumping Culture
Multi-chain Token That Spans ETH, SOL, BSC and AVAX
Airdrop Campaign Rewards Creative Content and Social Engagement
Friend Referral Bonus

Project Launched

June 2024

Purchase Methods

ETH
USDT
SOL
BNB
+1 more

Visit

Base Dawgz ($DAWGZ) is a new meme token that uses base-jumping Shiba Inu as its mascot. Thanks to multichain architecture, it smoothly runs on Base, Ethereum, Binance Smart Chain, Avalanche, and Solana.

Minting on Base increases $DAWGZ odds for explosive growth, given the network’s mass adoption among degen investors. Meme tokens on Base have already surpassed a whopping $1.78B marked cap and are set to break the $2B threshold soon.

The key advantage of $DAWGZ’s multichain interoperability is potentially better performance due to the distributed workload. Furthermore, the $DAWGZ use cases seem limitless – it may be integrated into a dApp on any of the supported chains in the future for added utility.

Most importantly, the multichain approach future-proofs Base Dawgz because it doesn’t rely on the performance or adoption of a single network.

$DAWGZ presale has just started but has already generated positive community sentiment, raising over $37K in one day.

One $DAWGZ now costs $0.00479, but the price will rise over time.

Dynamic staking APY that allows $ETH investors to earn passive returns is one of the reasons for FOMO around the presale.

Additionally, Base Dawgz will reward community members with $DAWGZ token airdrops for creating and sharing Base Dawgz content and referring friends.

Currently, Base Dawgz is in the second stage of its roadmap, focusing on the presale and community building. When the presale wraps up, $DAWGZ aims to secure listings on major DEXs and CEXs.

Read the Based Dawgz whitepaper for more information.

Tokenomics Features	Base Dawgz Tokenomics Data
Maximum Supply	8.453 billion
Allocated for Listings	10%
Allocated for Marketing	15%
Allocated for Presale	20%
Allocated for Staking	20%
Allocated for Liquidity	20%
Allocated for Community Rewards	15%

Visit Base Dawgz Official Site

7. Mega Dice (DICE) – Most Popular GameFi on Solana Raises $332K

Mega Dice (DICE)

Leading GameFi Platform on Solana
Innovative Reward System
Community-Driven Development

Project Launched

April 2024

Purchase Methods

ETH
USDT
SOL
BNB
+1 more

Visit

$DICE is currently the most popular GameFi on Solana.

The crypto casino offers over 4,500 games, ranging from slots and premium live casino games to game shows and sportsbook bets.

Token holders can trade leverages of up to 1,000x with crypto future futures, and staking is also encouraged.

According to the whitepaper, Mega Dice offers four distinct advantages compared to other crypto casinos:

High-speed and low-cost gambling thanks to the Solana blockchain
Innovative reward system with a $2.25 airdrop in three seasons
Community-driven development that fosters a strong userbase
An established casino community on the web and Telegram

Mega Dice is also thriving on X, with over 26,000 followers and organic engagement on their latest posts. You should also follow them on Telegram to stay up-to-date with airdrop news.

Tokenomics Data	Mega Dice Tokenomics Data
Maximum Supply	420 million
Allocated for Presale	35% (147 million)
Allocated for Liquidity Pool	15% (63 million)
Allocated for Airdrops	15% (63 million)
Allocated for Casino	15% (63 million)
Allocated for Staking	10% (42 million)
Allocated for Marketing	5% (21 million)
Allocated for Affiliates	5% (21 million)

The project allocated 147 million $DICE for the presale (35% of the total) and over 60 million for the liquidity pool. Adding the 42 million for staking rewards leads to a stable-looking ecosystem that should be viable long-term.

Currently, Mega Dice is at Phase One of the roadmap, with Phase Two overseeing the token claiming. The project will launch on DEXs in Phase Five.

1 $DICE is valued at $0.069, and you can buy it with SOL, ETH, BNB, and USDT. Connect your wallet to the site’s widget and confirm the transaction to get your tokens.

Visit Mega Dice Now

8. 99Bitcoins ($99BTC) – Learn-to-Earn Token Raises $168k+ in Two Days

99Bitcoins (99BTC)

Pioneers the Learn-to-Earn Model
BRC-20 Bridging to the Bitcoin Blockchain
Enables dApp Building on the Bitcoin Blockchain

Project Launched

10 April 2024

Purchase Methods

ETH
USDT
BNB
Card
+1 more

Visit

99Bitcoins ($99BTC) is a brand-new crypto project from 99Bitcoins, the giant crypto learning platform with an audience of over 16,000 on X.

Launched two days ago, $99BTC has already raised over $168k and is currently valued at $0.001/token.

The project introduces the Learn-to-Earn (L2E) concept, rewarding token holders for engaging with crypto learning resources (like courses and quizzes). This concept follows the success of the Play-to-Earn and Move-to-Earn models, which accrued over $8.9B in 2023.

99Bitcoins also plans to transition to the BRC-20 standard, moving to the Bitcoin blockchain and bringing dApps to it. This will bring several benefits to the ecosystem:

Enhanced security for token transactions
Increased transaction permanence and immutability
Access to NFTs, collectibles, and even emerging markets based on Bitcoin
Increased token rarity and value thanks to the Ordinals protocol

You can read the project’s whitepaper and follow 99Bitcoins on X to stay up-to-date with the latest developments.

Tokenomics Features	99Bitcoins Tokenomics Data
Maximum Supply	99 billion
Allocated for Project Funds	27.5% (27.225 billion)
Allocated for Marketing	23% (22.77 billion)
Allocated for Community Rewards	17% (16.83 billion)
Allocated for Presale	10.5% (10.395 billion)
Allocated for Staking	14% (13.86 billion)
Allocated for Liquidity	8% (7.92 billion)

Token holders currently benefit from a 19,459% staking rewards rate, with exclusive access to webinars, crypto signals, and VIP community groups.

99Bitcoins is pioneering the L2E concept, planning to achieve long-term sustainability and provide holders with passive income. Investors looking to buy 99Bitcoins should also consider the free airdrop organized on the project’s site.

Stake 99Bitcoins Today

9. Sponge V2 (SPONGEV2) – $23M Total Staked and Bridged on Sponge V2 Meme Coin

Sponge V2 (SPONGEV2)

Stake-to-Bridge System
Play-to-Earn Game
40% Staking APY

Project Launched

December 2023

Purchase Methods

Card
USDT
ETH

Visit

Sponge V2 launched on February 6th, 2024, closing at ~$0.000944. By February 16th, it had grown to $0.0013, an uptick of 37.71%, and it reached a peak on March 9th, growing by 323%.

Currently, Sponge V2 trades for $0.002444 and is going through a consolidation period after falling from the peak. By the looks of it, some in the community believe a comeback can happen if bullish demand is strong enough.

Sponge V2 is the next phase of Sponge, the coin that did 100x in 2023. The new project introduces bridge staking as a core functionality – you get SpongeV2 passively by staking Sponge. This is the only way to get SPONGEV2 right now.

The project’s X channel leads to the old SPONGE page, and the same goes for their Telegram channel. Community support is more than decent since most are older supporters of SPONGE. They’re now thrilled to get SPONGEV2 by staking their SPONGE reserves.

Tokenomics Features	Sponge V2 Tokenomics Data
Maximum Supply	150 billion
Total Staked and Bridged	$25 million
Allocated for Staking	43.09%
Allocated for Bridging	26.93%
Allocated for CEX Liquidity	10%
Allocated for P2E Rewards	8%
Allocated for Game Development	4.47%
Allocated for Marketing	7.5%

The whitepaper shows that half of the total SPONGEV2 supply goes to bridging and staking, showing a heavy focus on quickly transitioning to V2 and staking earnings. Once it goes live, V2 plans to introduce a Pay-to-Earn feature that rewards extra V2 tokens.

V2 seems to have greater potential than SPONGE due to a starting price of $0.002428 compared to $0.000025. This difference of 9,711% in their initial price offerings shows a clear development cycle in the project.

Stake SPONGEV2 Now

10. Cerra.io (CERRA) – Cardano DeFi with AMM for Passive Income

Decentralized Finance has a new player on the market – Cerra.io. It raised $240,225 so far, with over 1.2 million of Cerra locked in staking.

The platform boasts a profit-sharing ecosystem with five main features:

Derivatives
P2P lending (lending/borrowing assets)
Spot swap (Automated Market Maker system)
Lending pools
Copy trading
Staking

Claiming itself as the ‘future of Cardano DeFi,’ Cerra.io wants to bring passive income through staking, holding, DAO voting, farming, and governance. It’s all unified on the same platform, which is a tall task.

The project’s whitepaper goes into great detail on how it wants to accomplish this and what it could mean for investors. We also liked the presentation of the team behind the project – a nice touch with transparency in mind.

Their X channel is receiving a lot of attention, with over 6,000 followers, and growing by the day.

Tokenomics Features	Cerra.io Tokenomics Data
Maximum Supply	50 million
Allocated for Presale	2.5 million
Allocated for Yield Rewards	30%
Allocated for Public Sale	20%
Allocated for Development	10%
Allocated for Exchange Liquidity	10%
Allocated for Vault	10%
Allocated for Team	10%
Allocated for Private Sale	5%
Allocated for ISPO	5%

CERRA claims that circulating tokens will receive 100% of the platform’s earnings and represent a share of ownership in the platform.

Holding CERRA tokens guarantees a lifetime of passive income.Cerra.io

The project will launch most of the core features in H1 2024, including the AMM mainnet, derivatives trading, and lending pools.

The minimum buy-in is 500 ADA (Cardano), and the CERRA token costs $0.2. There’s a lockup period of six months that starts at the moment of purchase.

Stake CERRA Now

11. Mollars (MOLLARS) – Store of Value Crypto, Raised Over $1.2M

Mollars is a DEX (decentralized exchange) that promises a ‘true store of value’ token protected against inflation. The ecosystem merges gaming and economics into a unified project controlled by token holders.

The project has raised over $1,2M, with more than 50% of the tokens sold. One MOLLARS costs $0.5, as the presale is set to finish by May 1st or when it reaches the hardcap.

They have a solid following on X (6,600 followers) and a security audit by Cyberscope but we couldn’t access their whitepaper, as the link was bugged.

Tokenomics Features	Mollars Tokenomics Data
Maximum Supply	10 million
Token Burn	1%/transaction
Allocated for Groundwork	56% (5.6 million)
Allocated for Rewards Program	24% (2.4 million)
Allocated for Ecosystem Funds & CEX	20% (2 million)

MOLLARS has four phases and they’re currently in the second phase. The next big development will be exchange listing and increased marketing efforts.

Transparent voting, liquidity burn, and contract renouncement are the core principles of the project – all to achieve true decentralization. The team may also announce a gaming product once the token goes live, so there may be Pay-to-Earn functionalities in store.

We like how there’s no team allocation, as the project claims Mollars will be a community project owned and controlled by holders. Decentralized governance is the ultimate goal of Mollars, aside from passive long-term income (no staking).

Buy Mollars Now

12. Entangle (NGL) – Omnichain Blockchain with $40M Market Cap

Entangle is an omnichain that connects together other Web3 blockchains, enabling seamless interoperability between them.

The project was listed on CoinMarketCap on March 14th, 2024, so that’s 12 days ago. It already has a market cap of $40 million, with one NGL valued at $1.88.

On launch, Entangle was valued at $1.67, and it reached an ATH (all-time high) of $2.83 on March 21st (a week after launch), an increase of 69.46%. Currently, it seems to be in a consolidation period at the $1.88 mark.

The project has also amassed a significant following on X, where they announce key project developments, collaborations, and achievements.

Regarding functionality, the network has integrated over 42 DApps and blockchains, with more than 2.89 billion testnet transactions happening on it.

Here’s how Entangle innovates Web3 infrastructures:

Customizable interoperability
Improved cost efficiency
Plug and play integration
Enhanced composability
Scalable architecture
Non EVM and EVM (Ethereum Virtual Machine)
Trustless bridging
Smart Contract Automation

Read the project’s whitepaper for a more in-depth look at these features.

Tokenomics Features	Entangle Tokenomics Data
Maximum Supply	1 billion
Allocated for Seed	12%
Allocated for Private 1	9%
Allocated for Private 2	1.5%
Allocated for Strategic 1	1.45%
Allocated for Strategic 2	2%
Allocated for Infrastructure	2%
Allocated for Public	3.23%
Allocated for Staking Rewards	21%
Allocated for Infra Reserve	10%
Allocated for Airdrop	3%
Allocated for Team	12%
Allocated for Advisors	3%
Allocated for Liquidity	10%
Allocated for Marketing	5%
Allocated for Partnerships & Grants	4.8%

The core technologies behind Entangle include the Entangle infrastructure (core primitives and tools that deliver Web2 and Web3 interoperability), Photon Messaging, and Universal Data Feeds.

Entangle aims to simplify and streamline Web3 connectivity, empowering DApp and blockchain developers with the infrastructure and tools required to evolve.

Buy Entangle Now

13. Axo (AXO) – Cardano Trading Platform Valued at $9.16, with $13M Market Cap

Axo is a Cardano-based crypto trading platform that has been cooking since May 2021 but became public on March 14th with a token price of $8.35. Currently, it’s $9.16, with a market cap of $13 million. It reached an ATH two days later at $10.29, a 23% increase.

Since then, it’s been consolidating, and currently, AXO is priced at $9.12, a 9.22% increase since its launch.

Axo is a decentralized exchange that lets you exchange crypto assets, devise trading strategies, and use custom order types for a more robust trading experience.

Built to rival and surpass centralized exchanges.Axo Whitepaper

We recommend reading the project’s whitepaper if you’re interested in the nitty-gritty details of how Axo works. They go into a lot of detail on the architecture, scalability potential, and the several systems they employ.

Axo’s X channel has over 31,000 followers, and we liked the organic interest in the project’s features, future development, and functionality. There weren’t so many hype-driven investors and content creators looking for a collaboration.

Tokenomics Features	Axo Tokenomics Data
Maximum Supply	42 million
Allocated for Platform Rewards	45%
Allocated for Development Year 1	5%
Allocated for Development Year 2	5%
Allocated for Development Year 3	5%
Allocated for Development Year 4	5%
Allocated for Early Adopter Airdrop	5%
Allocated for Private Sale	5%

Here are the fundamentals of Axo trading:

Auto smart contract generation
Independent and fair trades
On-chain and off-chain data tracking with the Axo Signal Engine
Efficient by design
Non-custodial
Unlimited order types (like conditional orders)
Risk-management triggers
Multiple financial products (like Futures and Options)

Axo has recently announced the project will go live on BitMart (crypto exchange), expanding the project’s reach to a wider audience. It remains to be seen if if cam succeed where other Cardano-based projects have tanked.

14. Etherfi (ETHFI) – Staked ETH Protocol with Full Custody of Staking Keys, with a Market cap of $800M

Etherfi is a staked ETH project that launched on March 2024 at $4.4. Currently, it’s valued at $7.02, a 59.54% increase.

The project claims to innovate Ethereum staking by introducing a natively restaked liquid staking token (eEth) you obtain by staking ETH.

To this end, Etherfi has introduced Liquid, an automated DeFi strategy vault that lets eEth holders use the tokens in the DeFi ecosystem.

Ether.fi is the only protocol where stakers control the keys. This reduces the counterparty risk of node operators and the protocolEtherfi

You can read more about the project on their whitepaper. There’s a lot to unpack, especially if you’re interested in ETH staking specifically.

The project also has a healthy social media presence on X, with almost 80,000 followers. The team is transparent about their identities and history, which is another good sign.

We couldn’t find any tokenomics information, but this is due to Etherfi representing staked Ethereum. The project’s token’s value follows that of Ethereum.

Etherfi is collaborating with Gravita, Balancer, RedStone, and Obol to provide seamless interoperability with DeFi platforms. Another collaborator, EigenLayer, provides access to various software modules on Ethereum, giving stakers multiple staking opportunities.

The protocol has also received four audits from Certik, Omniscia, Neterhmind, and Solidified, which further cements its reputation in the community.

Stake Etherfi Now

15. Bitcoin Virtual Machine (BVM) – Build and Scale Fully Customizable Bitcoin L2 Blockchains

Bitcoin Virtual Machine launched on March 12th at $3.82 per token. Currently, BVM is valued at $2.79 and has a market cap of $64 million.

The project lets you build, deploy, and scale a Bitcoin L2 blockchain on several chains, including Alpha Chain, Naka Chain, Arcade Chain, Eternal AI, and Swamps. They each have different utilities, currencies, and use cases.

Benefits include the ability to earn sequencer fees, 100% dedicated throughput, and the ability to receive airdrops. You can customize the blockchain to fulfill any use case – a DEX, DApp, onchain game, or an entire ecosystem.

Read the whitepaper for more information.

Tokenomics Features	Bitcoin Virtual Machine Tokenomics Data
Maximum Supply	10 million
Allocated for Community	50% (5-year monthly vesting schedule)
Allocated for Team	20% (5-year monthly vesting schedule)
Allocated for Public Sale	15%
Allocated for Liquidity	10%
Allocated for Advisors	5% (3-year monthly vesting schedule)

BVM is available to buy on Naka, Uniswap, Gate.io, Bitmart, Unisat, OKX Web3, and MEXC. Once bought, you can stake it for 58% interest and qualify for airdrops on Bitcoin L2 projects.

Check out their X page to stay up-to-date with recent updates and project developments. Recently, they announced the launch of EternalAI, the first L2 blockchain for AI.

BVM is also EVM (Ethereum Virtual Machine) equivalent. This means you can migrate Solidity smart contracts and DApps to Bitcoin with minimal hassle.

Due to Bitcoin rollups, BVM significantly reduces transaction fees and block time, making L2 chain building fast and cheap. Coupled with DEX, DAO, and NFT marketplace compatibility, BVM seems to have great scalability.

Buy BVM Now

16. Nibiru Chain (NIBI) – Go-To Hub for Web3 Smart Contract Development

Nibiru Chain launched its token on March 12th at $0.51/token. It reached the ATH on the same day at $0.9336 but it’s been consolidating ever since. Currently, the price sits at $0.5534, an overall 7.8% growth across the token’s lifetime.

Nibiru Chain is an L1 blockchain and smart contract ecosystem that helps developers build Web3 decentralized apps and wallets. So far, users have deployed over 28,000 contracts, with over 135 million transactions on the testnet.

Here are several benefits of using Nibiru Chain to build on Web3:

Ideal for real-time consumer applications
Impervious to most Web3 attack vectors like re-entrancy
Fast-growing ecosystem (105 total projects so far)
Backed by large ecosystem partners (like DeFi, gaming, and RWAs)
1.4 block time
Gamified engagement airdrops

Read through their whitepaper to get a closer look at how the system works but beware – it gets highly technical. We also recommend subscribing to their X channel to stay up-to-date with the latest project developments.

Tokenomics Features	Nibiru Chain Tokenomics Data
Maximum Supply	1.5 billion
Allocated for Community	69% (non-linear schedule)
Allocated for Team/Core Contributors	15.3%
Allocated for Investors (Seed)	8.5% (0% TGE, cliff for 25% at month 9)
Allocated for Investors (Post-seed)	8.2% (0% TGE, 24 – 36 month linear unlock)
Allocated for Public Sale	8% (10% at launch, rest over 12 months)

Nibiru Chain claims to be a consolidated Web3 hub and a ‘Super app’ proof-of-stake blockchain that powers an entire ecosystem of DApps. The NIBI token is used for governance, gas, and mining, as users can delegate NIBI to validators who verify transactions.

The project is barely over half a cent currently, and considering its recent growth, it might increase in value. You can trade the coin on several exchanges, including Gate.io, Bybit, and KuCoin.

Buy Nibiru Chain Now

17. Zero1 Labs (DEAI) – Decentralized AI Proof-of-Stake Ecosystem

Zero1 Labs’s token (DEAI) went live on CoinMarketCap on March 22nd but they’ve been working on it since January 2024. The initial token price was $0.3 with a 24h volume of $6.57M.

It reached the ATH at $0.83 two days later, on March 22nd, and now it’s at $0.74, consolidating. Its market cap is $67 million, with a $9.8 million 24h volume.

Zero1 Labs’ goal is to create a Proof-of-Stake ecosystem for DeAI (decentralized AI) apps and tools. The DeAI token will integrate with all projects on the platform, creating a unified economic framework.

Zero1 is built by minds from various fields of distributed computing, with the goal of powering the next generation of decentralized AI applicationZ1 Labs

The project is still in development, but the roadmap looks promising. The mainnet will launch in Q3/Q4 2024, and they’ll likely announce it on their X channel.

They haven’t published a tokenomics table yet, so we’ll have to wait on that. But they’re transparent about the project team, which is always good to see.

You’ll want to read the Litepaper (whitepaper isn’t out yet) to understand the project’s intricacies. We recommend reading all the documents and feature explanations, as the project introduces many new concepts.

The Zero1 Labs ecosystem involves three key components – the Keymaker Platform, the Cypher AppChain, and the Zero Construct Program. The goal is to unify all DeAI tools and kits and build a community around decentralized AI.

Buy Zero1 Labs Now

18. Spacemesh (SMH) – Race-Free & Decentralized Proof-of-Space-Time Protocol

Spacemesh became public on CoinGecko on November 2023, when the SMH token was $2.86. It reached a peak on March 7th, 2024, at $6.58 (+130%). Currently, the price is $4.34.

Spacemesh is an L1 ‘Proof-of-Space-Time’ protocol aiming to become the next Bitcoin. They want to create a decentralized financial network where users can mine (or ‘smesh’) currency to make a profit.

This ‘People’s Coin,’ as they call SMH, would be fairer, more accessible, and more decentralized than other crypto. Here’s how:

Race-free nature leading to reduced reliance on high computational power for mining
Highly accessible, as the protocol runs on free storage space on your computer
Decentralized, as it doesn’t penalize home miners for having less resources
Risk-free due to the low overhead and maintenance cost requirements

The Spacemesh network claims to create a useful, necessary, and ethically-sound cryptocurrency to replace fiat. Quite the dream – they’ll have a lot of work to do to prove they’re up to the task.

Their X channel is doing a good job at keeping the community interested, though.

Tokenomics Features	Nibiru Chain Tokenomics Data
Maximum Supply	2.4 billion
Block Subsidy	93.75% (2.25 billion) incrementally minted
Team Rewards	6.25% (150 million)

The tokenomics are straightforward and long-term-focused, with charts showing subsidy issuance over the next 5-to-500 years. They also go into heavy detail about the vesting schedule and rewards, so we recommend giving it a read.

Spacemesh’s goal of a truly decentralized and fair crypto isn’t anything new, and neither is the Proof-of-Space-Time protocol. However, they’re showing healthy initiative in the right direction and might be worth following up on.

Buy Spacemesh Now

19. Scalia Infrastructure (SCALE) – Platform Democratizes DePIN with Scalable Network

Scalia Infrastructure launched on CoinMarketCap in March 2024 with a price of $0.40/token. It reached a peak on the 26th, reaching $0.50 (+25%). Currently, it’s back to $0.40, but the trend seems bullish.

Scalia is a platform that offers access to Decentralized Physical Infrastructure Network (DePIN) resources. The end goal is the democratization of DePIN for individuals, organizations, and enterprises.

These DePIN resources include computing resources, storage nodes, IoTs, bandwidth, and network resources that Scalia can scale according to the client’s needs.

Scalia Infrastructure offers the means to prosper in a decentralized environment, be it cloud service provisioning, blockchain network maintenance, or hosting decentralized apps (dApps).Scalia Infrastructure Documentation

The project is still in the development phase, though their X channel is doing a good job at keeping investors apprised of the latest updates. Recently, they’ve announced there are over 8,000 SCALE holders, and rising fast.

Tokenomics Features	Nibiru Chain Tokenomics Data
Maximum Supply	100 million
Total Buy Tax	5%
Total Sell Tax	5%
Locked Liquidity	100% locked for 5 years

Scalia offers censorship resistance and removes single critical control points of failure through distributed ledger technology. This solves a core issue with DePIN technology – its vulnerability to hacks.

Here are the core benefits of Scalia, according to its whitepaper:

Wide network of DePIN suppliers
Advanced scaling technology that satisfies growing Web3 demands
User-friendly interface and efficient onboarding procedure
Affordable DePIN services through streamlined procedures and pooled resources
Revenue share from the ecosystem to the SCALE holders
Flexibility in hosting dApps

It remains to be seen whether Scalia Infrastructure accommodates the growing needs of the DePIN industry successfully. So far, the project has attracted a healthy number of investors, and the token price shows a bullish trend.

Buy Scalia Infrastructure Now

How We Review and Choose the Best New Coins

When choosing new cryptocurrencies, we employ a tested-and-tried methodology to ensure we only recommend the best projects to you.

Here’s what we look at when choosing crypto:

Origin & Team

We explore the project’s roots, who the founding members are, and whether they worked on similar projects before.

At this stage, we want to see proven expertise and transparency.

Not all projects are as open about their teams. Many crypto are created by anonymous individuals who invoke Satoshi Nakamoto’s example to show anonymity is half-expected in the industry.

However, we believe accountability and transparency are necessary aspects of a trustworthy project, especially in an industry plagued by scams and pump-and-dump schemes.

Community

A crypto project’s community correlates to its success, future stability, and overall performance. We check social media channels like X and Telegram to see the community’s pulse and identify red flags.

Exaggerated hype and over-the-top promises by the project team are dubious and may change our approach or recommendation, even.

We like seeing organic interest in the token’s utility and functionality, like with Green Bitcoin and eTukTuk. HODLing and long-term staking are also positive markers of healthy community support.

Functionality

Utility and functionality are the bread and butter of crypto projects. With the exception of meme coins, to which we apply a different methodology, we expect to see long-term utility and practical functionality in crypto.

While HODLing and staking offer decent utility, we’re looking for more – dApp development, advanced trading functionalities, mining, and maybe governance involvement. Anything that points to long-term growth and reliable fundamentals.

The reason for this is simple – without good utility, hype prevails in crypto. And hype is a fairly unstable factor when choosing cryptocurrencies to invest in.

Time in the Market

The newer a crypto project is, the less information there is about it, and the less reliable the research becomes. We aim to look at crypto that’s at least a week old to avoid pump-and-dumps and scam projects.

But if we find a more recent project with apparent potential, we may talk about it while emphasizing to DYOR and be careful about market fluctuations.

Tokenomics

The token economics (tokenomics) define the ecosystem built around a crypto project’s token – utility, yields, staking, limited vs. unlimited supply, token burning, and allocation.

We’re looking for tokenomics focused on slow and steady growth that contributes to long-term valuation and passive income for investors. Hype-driven tokenomics are not ideal and might show the token’s short lifespan.

A token’s distribution shows the project team’s priorities, whether it’s marketing, presale, or team allocation. Typically, the more detailed a tokenomics plan is, the more thought has gone into it.

Market Performance

Investing in new crypto projects means buying tokens, and tokens are vulnerable to market fluctuations. That’s why we study a project token’s market performance and assess the trends.

We also look for typical pump-and-dump patterns that might indicate market manipulation and hype-driven trades. Those are always a red flag.

Candle charts are reliable metrics for highlighting the ups and downs of a token, especially with periods longer than a month.

What Are New Coins?

New coins are cryptocurrencies that investors can buy either through a presale, DEX, or CEX.

This doesn’t mean the crypto projects themselves are new, though. Typically, a project is in development for several years before exchanges accept its token for trading.

This may not be true for most meme coins that don’t really have a project behind them. The token is all there is, and its goal is to maximize investor profits as soon as possible.

New coins also refer to crypto that have a lot of growth potential ahead of them. Early investors may see significant profits if they buy at a lower price.

However, new coins are high-risk investments that may not pay off. There’s not enough market performance to analyze the token’s future trends. And if the team is anonymous, it adds to the underlying dangers.

Is New Cryptocurrency a Good Investment?

This is not financial advice. You must DYOR indiscriminately when investing in new cryptocurrency.

While new crypto projects have a lot of growth potential and may increase your profits multiplefold, they’re a risky investment due to market volatility, pump-and-dump schemes, and scams.

There are thousands of new coins appearing daily and most will only only live for a few weeks before dumping permanently. It’s important to research the project extensively beforehand.

That being said, here are six potential benefits of investing in new crypto:

Bigger profit margin, as the coin is really cheap
Passive income through staking
Presale token bonuses for early investors
Early access to upcoming features
Exclusive access to airdrops
Early support of an innovative technology that may thrive

New crypto can bring you significant profits but choosing a good project is far from easy. Consult our guide on the best crypto presales for a highly-curated list of coins.

Conclusion

Investing in the newest crypto can be highly profitable but it also comes with risks – scam projects, pumps-and-dumps, rug pulls, and market manipulation.

In this list, we showcase crypto we liked after researching the projects extensively, but we do not offer financial advice or make any profit guarantees. DYOR is a necessary step of responsible investing, especially in an industry as volatile as crypto.

Make sure to check the following when researching crypto coins:

Tokenomics
Team identity and history
Functionality and utility
Market performance
Project age
Community pulse

Invest responsibly and always do your homework to avoid falling victim to short-lived crypto projects and malicious market manipulation.

FAQs

Which coins are meme coins?

What are meme coins?

Which meme coin will reach $1?

Is Memecoin a good investment?

References

Click to expand and view sources

Dogecoin20 X Channel (X)
Dogecoin20 Telegram Channel (Telegram)
Dogecoin20 Whitepaper (Dogecoin20)
5th Scape X Channel (X)
5th Scape YouTube Channel (YouTutube)
5th Scape Whitepaper (5th Scape)
Sponge V2 X Channel (X)
Sponge V2 Telegram Channel (Telegram)
Sponge V2 Whitepaper (Sponge V2)
Smog X Channel (X)
Smog Whitepaper (Smog)
eTukTuk Whitepaper (eTukTuk)
eTukTuk X Channel (X)
eTukTuk Telegram Channel (Telegram)
Bitcoin Minetrix X Channel (X)
Bitcoin Minetrix Whitepaper (Bitcoin Minetrix)
Poodl Inu Whitepaper (Poodl Inu)
Poodl Inu X Channel (Poodl Inu)
Cerra.io Whitepaper (Cerra.io)
Mollars Presentation Video (YouTube)
Mollars X Channel (X)
Mollars Security Audit (Cyberscope)
What is Web3? (McKinsey)
Entangle X Channel (X)
Entangle Whitepaper (Entangle)
Axo Whitepaper (Axo)
Axo X Channel (X)
Etherfi Whitepaper (Etherfi)
Etherfi X Channel (X)
Bitcoin Virtual Machine Whitepaper (Bitcoin Virtual Machine)
Bitcoin Virtual Machine X Channel (X)
Rollups are coming to Bitcoin (BitcoinRollups)
Nibiru Chain Whitepaper (Nibiru Chain)
Nibiru Chain X Channel (X)
Zero1 Labs X Channel (X)
Zero1 Labs Litepaper (Zero1 Labs)
Spacemesh Protocol introduction with Prof. Tal Moran (YouTube)
Spacemesh Protocol X Channel (X)
What is Proof-of-Spacetime (PoST)? (CryptoWallet)
Decentralized Physical Infrastructure Network (DePIN) | Techopedia
Scalia Infrastructure X Channel (X)
Scalia Infrastructure Whitepaper (Scalia Infrastructure)

Our Editorial Process

The Tech Report editorial policy is centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written by real authors.

Alex Popa Crypto & Tech Content Writer

Alex is a content writer passionate about data privacy, cybersecurity, and crypto. You’ll often find him geeking out on the latest security key, password manager, or the hottest crypto presale, looking for that one digital currency to rule them all.

With over six years of freelance writing under his belt, Alex fell in love with the process. From researching data and brainstorming topics to comparing cryptocurrency whitepapers and digging deep into crypto roadmaps, it’s all in the keyboard. Ideally, a mechanical one with brown switches.

Alex is an eternal learner who knows that continuous improvement is the best way to remain relevant. Currently, he's brushing up his E-E-A-T and SEO skills, but who knows what comes next?

In his spare time, he enjoys video games, horror movies, and going to the gym, which sometimes conflicts with his gourmand nature. Oh, well, you can't have them all.

Follow Alex on LinkedIn

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19 New Cryptocurrencies to Watch and Invest in July 2024

Top New Cryptocurrency List – What’s Bullish Right Now

Buy New Cryptocurrency If

Don’t Buy New Cryptocurrency If

The Best New Crypto to Buy in July 2024

1. Pepe Unchained ($PEPU) – The Pepe Token Gets an Upgrade, Offers Up to 17,610% Staking APY

2. The Meme Games ($MGMES) – Crypto Betting with an Olympic Twist

3. WienerAI (WAI) – AI Meme Coin Raises $370,000 in Only Days

4. PlayDoge ($PLAY) – Doge Mobile Game Raises $208K in Minutes

5. Shiba Shootout ($SHIBASHOOT) – Western Shiba Token Offers 2,268% APY and Significant Utility

6. Base Dawgz ($DAWGZ) – Base Jumping Shiba Inu Goes Multichain and Raises $37K in One Day

7. Mega Dice (DICE) – Most Popular GameFi on Solana Raises $332K

8. 99Bitcoins ($99BTC) – Learn-to-Earn Token Raises $168k+ in Two Days

9. Sponge V2 (SPONGEV2) – $23M Total Staked and Bridged on Sponge V2 Meme Coin

10. Cerra.io (CERRA) – Cardano DeFi with AMM for Passive Income

11. Mollars (MOLLARS) – Store of Value Crypto, Raised Over $1.2M

12. Entangle (NGL) – Omnichain Blockchain with $40M Market Cap

13. Axo (AXO) – Cardano Trading Platform Valued at $9.16, with $13M Market Cap

14. Etherfi (ETHFI) – Staked ETH Protocol with Full Custody of Staking Keys, with a Market cap of $800M

15. Bitcoin Virtual Machine (BVM) – Build and Scale Fully Customizable Bitcoin L2 Blockchains

16. Nibiru Chain (NIBI) – Go-To Hub for Web3 Smart Contract Development

17. Zero1 Labs (DEAI) – Decentralized AI Proof-of-Stake Ecosystem

18. Spacemesh (SMH) – Race-Free & Decentralized Proof-of-Space-Time Protocol

19. Scalia Infrastructure (SCALE) – Platform Democratizes DePIN with Scalable Network

How We Review and Choose the Best New Coins

What Are New Coins?

Is New Cryptocurrency a Good Investment?

Conclusion

FAQs

Which coins are meme coins?

What are meme coins?

Which meme coin will reach $1?

Is Memecoin a good investment?

References

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Alex Popa Crypto & Tech Content Writer

Alex Popa Crypto & Tech Content Writer