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New crypto coins present excellent investment opportunities for investors who are looking to take advantage of undervalued cryptocurrency projects that are newly launched on the crypto markets. Most of the time, new cryptos are available through presale events that allow traders to purchase tokens at a very low price before they are listed on exchanges. In this guide, you will learn about some of the best new crypto coins 2024 to buy and how to invest in them for beginners!

Best New Cryptocurrencies to Buy in May 2024

  • Earn passive rewards through gamified staking
  • The sustainable version of Bitcoin built on Ethereum
  • Invest at a discounted price during the presale event to maximize returns
Project Launched
February 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • The latest AI based crypto project that will transform the security of the blockchain space
  • Early presale investors will receive guaranteed returns
  • Stake SCOTTY to receive passive rewards
Project Launched
February 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Buy and hold to take part in the biggest Solana airdrop event
  • The next meme coin to explode
  • SMOG is set to be the biggest Solana token in 2024
Project Launched
February 2024
Purchase Methods
  • USDT
    USDT
  • Solana
    Solana
  • $SPONGEV2 tokens can only be obtained by staking $SPONGE
  • Stake your Sponge V1 tokens to recieve a V2 token bonus
  • Earn more crypto with the SPONGE P2E game
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Invest in the newest sustainable cryptocurrency
  • $TUK tokens can be staked for passive rewards
  • The eTukTuk project helps to develop sustainable initiatives for a greener future
Project Launched
January 2024
Purchase Methods
  • BNB
    BNB
  • USDT
    USDT
  • Debit
    Debit
  • Revolutionizes Bitcoin mining with an innovative stake-to-mine model
  • Allows all crypto investors to earn passive BTC rewards
  • A transparent and fair Bitcoin mining system that is accessible to anyone
Project Launched
September 2023
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Matic
    Matic
  • Debit
    Debit
  • +2 more

Top 9 New Cryptocurrencies to Invest in 2024

Here is an overview of the best new cryptos to invest in right now.

  1. Green Bitcoin (GBTC)The best Bitcoin derivative token that will reward investors through gamified staking. Invest early to take advantage of price increases at each stage of the ongoing presale event.
  2. Scotty The AI (SCOTTY)Leading AI crypto project that will provide security solutions to blockchain applications. Scotty is a meme token with utility that plans to change the crypto space.
  3. Smog Coin (SMOG)The newest meme coin that will reward investors through one of the biggest airdrops in history. Smog is a fantasy-inspired project with huge potential in 2024.
  4. Sponge V2 (SPONGEV2)The latest meme coin that could make a comeback in 2024. Sponge V2 will provide investors with a second opportunity to profit from the popularity of Sponge tokens and earn rewards from the ecosystem’s P2E game.
  5. eTukTuk (TUK): A blockchain initiative operating on the Binance-owned BNB chain, is dedicated to addressing the global challenge of carbon emissions. Focused on creating a sustainable transportation system tailored for vibrant and densely populated cities, the project seeks to enhance urban mobility while prioritizing air quality crucial for residents’ well-being.
  6. Bitcoin Minetrix (BTCMTX): A new cryptocurrency that allows anybody to start mining Bitcoin without high operational set-up and maintenance costs. Earn cloud mining credits by staking BTCMTX tokens and earn passive BTC rewards. Investors can purchase tokens for a low price during the ongoing presale event.
  7. Edelcoin (EDLC) – A Swiss-compliant stablecoin that is backed by a basket of precious metals. Edelcoin aims to become a stable and reliable source of wealth with limited volatility due to its diverse backing.
  8. Rocket Pool (RPL) – A decentralized staking platform that rewards users for staking ETH2. Users can earn rewards for staking ETH and providing RPL collateral. The platform is robust and transparent and promises competitive rewards for all users.
  9. Internet Computer (ICP) – The world’s first ‘world computer’ blockchain that can be used by anyone to build any online web3 system. The platform reduces the need for traditional IT services and supports end-to-end decentralization. $ICP is a utility token with a deflationary supply.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

Pros and Cons of Investing in New Crypto Coins

Investing in new crypto coins is widely considered to be a good way to diversify your portfolio. However, investing in new crypto projects does not come without risks. To give you a better idea of the advantages and disadvantages of buying new cryptos, here is an overview of the pros and cons.

Pros:

  • Take advantage of extremely low prices during new crypto presales. This maximizes potential profits and allows you to invest with as little as $1.
  • New crypto coins can provide returns to early investors. It takes a while for new projects to attract investors and reach their price potential. Early investors will be able to profit from project growth.
  • A lot of new crypto projects offer airdrop rewards to initial investors. This can be a good way to earn free crypto tokens and increase the value of your investment.
  • Diversify your portfolio with new coins that have unique utility. Diversification is a good way to reduce risk.

Cons:

  • New crypto projects can be very volatile. There is no evidence that the projects will be a success and prices can move very quickly once the new coins are listed on exchanges.
  • New crypto coins are not regulated. This means that your funds are not protected. Once you buy a new coin, there is no way of refunding the purchase or getting your money back if the price falls.

Are New Crypto Coins a Good Investment in May 2024?

Despite presenting some risks to investors, new crypto coins are a good investment in May 2024. This is due to the fact that new crypto projects can be bought for a very low price which means that it is possible to invest with just a few dollars. Assuming that the price may increase after presale, investors could see great returns from an investment that cost less than a coffee.

Investing in new crypto presales 2024 has become a popular way to pocket short term profits in the crypto space. A lot of new coin presales gradually increase the value of tokens throughout the presale event which means that early investors will see guaranteed returns.

Read more: 5 New Cryptocurrency to Invest in 2024: Promising Game-Changers with 1000x Potential

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

A Closer Look at The Top New Crypto Projects to Invest in 2024

New crypto coins are created every day, but not all gain traction and attention to reach the moon or skyrocket. We have spent time searching the web for the best new crypto coins that have real potential in 2024. We have chosen coins based on their fundamentals, utility, community-backing and investor sentiment.

Traders should always be cautious when trading new cryptocurrencies due to their highly volatile nature. To learn more about the risks, we recommend conducting your research. Here is a mini-guide to the best upcoming crypto projects 2024 that could be worth investing in or watching.

1. Green Bitcoin – The best new Bitcoin derivative for passive rewards in 2024

The upcoming Bitcoin halving means that Bitcoin derivatives have started gaining the attention of investors. Green Bitcoin is a new derivative token that offers a sustainable alternative to traditional Bitcoin investing. The token is built on the Ethereum blockchain network and uses proof-of-stake instead of proof-of-work.

The project will reward investors with a gamified staking model that allows stakers to increase their rewards by successfully predicting Bitcoin price.

green bitcoin the best new crypto

The best time to buy Green Bitcoin is during the ongoing crypto presale. Here, tokens are available at a discounted price and will increase at each stage of the presale event. This means that early investors will receive guaranteed returns.

Green Bitcoin is an ERC20 token that can be purchased from the presale with ETH, USDT, BNB or debit card. It is possible to staking and earning rewards straight away and the first live games will take place in stage 2 of the project’s roadmap.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

2. Scotty The AI (SCOTTY) – The first AI-based security project supported by a huge community of holders

Scotty The AI is a meme token with a difference. This innovative new project will provide advanced security solutions to blockchain projects by harnessing the power of AI. Scotty will be able to analyze lines of complex code, spot patterns, and identify potential fraud.

scotty the ai new crypto

The project is supported by the SCOTTY utility token. Scotty is a meme coin built on the Ethereum blockchain. The token symbol is a Scottish Terrier who will act as the ‘guardian’ of the crypto space.

Scotty tokens are available to buy at an undervalued price during the ongoing presale event. To buy SCOTTY, you will need to connect your crypto wallet to the presale and swap ETH or USDT for SCOTTY.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

3. Smog Coin – The newest meme crypto that will reward investors through the biggest airdrop in history

Smog Coin is a fantasy-themed meme coin that aims to be the next cryptocurrency to explode. Inspired by BONK and MYRO, Smog Coin will use powerful marketing and investor hype to generate global interest and provide returns for early investors. The project’s main selling point is that Smog coin will launch one of the biggest crypto airdrops in history that will reward investors with free tokens.

smog coin new cryptocurrency

Smog is a meme token built on the Solana blockchain that has a supply of 1.4 billion. To participate in the airdrop, investors must buy SMOG tokens from the Jupiter exchange and sign up for the airdrop event through the official Smog Coin website. Investors can earn extra airdrop points by completing tasks and contributing towards marketing efforts.

Other than providing access to the airdrop event, Smog coin has no real utility. Therefore, investors should conduct thorough research and risk analysis before making any investment decisions.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

4. Sponge V2 – The best crypto to invest in 2024 that could 100x

Sponge V2 is a new meme token that hopes to profit from the recent success of Sponge V1. The v1 token saw huge gains in the third quarter of 2023 after a successful presale that generated huge hype around the project. The developers have since released the V2 token to provide investors who missed the hype with a second chance to see profits.

sponge v2 best new crypto to buy now

SPONGEv2 is a meme coin with utility. The token will eventually provide access to the Sponge P2E game which will enable investors to earn rewards with their holdings. The token also has staking utility which will encourage long-term holding and prevent sell-offs.

Unlike the V1 token, Sponge V2 will not hold a presale. Instead, the V2 coin can be acquired by purchasing V1 tokens and staking them. The amount of V2 that you receive when doing this will be equivalent to the amount of V1 tokens that you stake. It is possible to buy Sponge V1 through the official Sponge token website.

SPONGEV2 will eventually be launched on tier 1 exchanges. Before this, focus will be on developing the game and offering staking rewards to holders.

When V1 tokens are staked, they cannot be withdrawn. Instead, the tokens will remain locked up to provide investors with passive rewards. Instead, investors can use the V2 tokens to access the game and other ecosystem features.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

5. eTukTuk (TUK) – A blockchain initiative operating on the Binance-owned BNB chain, is dedicated to addressing the global challenge of carbon emissions

eTukTuk, a blockchain initiative operating on the Binance-owned BNB chain, is dedicated to addressing the global challenge of carbon emissions. Focused on creating a sustainable transportation system tailored for vibrant and densely populated cities, the project seeks to enhance urban mobility while prioritizing air quality crucial for residents’ well-being.

At its core, eTukTuk is an electric adaptation of the widely used two-and three-wheeler vehicles prevalent in developing economies. These agile vehicles play a pivotal role in navigating regions with inadequate road infrastructure, where traffic congestion is a common hurdle.

eTukTuk

Unfortunately, many TukTuks worldwide operate on highly polluting internal combustion engines (ICEs), contributing significantly to carbon emissions—a key factor in global greenhouse effects. With approximately 270 million TukTuks relying on this outdated engine system, they have become significant sources of carbon emissions.

Harnessing the power of blockchain technology, eTukTuk has spent the past five years developing an ecosystem dedicated to improving air quality and mitigating health issues associated with carbon dioxide exposure. The project also aims to create a financially inclusive experience for a diverse user base.

To kickstart their initiative, eTukTuk plans to deploy electric vehicle supply equipment (EVSE), or eTukTuk charging stations, in urban and developing regions globally. You can invest in this new sustainable project by buying eTukTuk tokens from the presale today.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

6. Bitcoin Minetrix – New crypto that offers a stake-to-mine rewards system for passive returns

Bitcoin Minetrix is a new project that provides easy access to Bitcoin cloud mining. The platform reinvents the cloud mining model though its transparent ecosystem built on Ethereum.

Mining Bitcoin in the traditional sense requires the operation and maintenance of high-powered hardware which needs significant start-up investment.

Topped with the need of some technical knowledge around how to set up internet servers, suitable ventilation systems, and securing suitable premises for mining are all hurdles that create a barrier to entry.

Bitcoin minetrix new crypto to buy

With the Bitcoin halving set for early 2024, there is significant interest in mining Bitcoin. This is due to the fact that the halving may increase the value of BTC tokens. Bitcoin Minetrix provides investors with an opportunity to earn Bitcoin tokens for a low price.

The native token $BTCMTX is built on the ERC-20 standard and has staking functionality which rewards users who stake tokens with cloud mining credits. These cloud mining credits can then be exchanged for hash power to mine Bitcoin.

The platform allows users of all skillsets to get into mining BTC and start earning passive rewards easily with minimum workload.

Bitcoin Minetrix will host an industrial scale mining facility and users who stake $BTCMTX will be able to claim fractional ownership of the power output of the mining operation. The dApp will be able to be accessed on desktop or mobile and provides a frictionless user-controlled experience using the power of blockchain and smart contracts.

You can participate in the presale and purchase $BTCMTX at an early-stage price of just $0.011. The presale is selling fast and has already raised over $2 million.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

7. Edelcoin – A new stablecoin that is fully-backed by a diverse basket of precious metals to provide stability over time

Edelcoin is the latest stablecoin to enter the market. The token promises maximum stability and is backed by a diverse basket of precious metals. As such, the project refers to the token as ‘wealth of the earth’ meaning that investors can protect their wealth by investing in an asset class that is backed by natural resources.

The Edelcoin project is very new but will soon be listed on major exchanges including MEXC, LBANK and BitForex -according to the projects website. At the moment, Edelcoin is available on XT.com.

new cryptocurrency

Stablecoins can be used as a hedege against inflation which means that they are popular amongst long term crypto investors. Most stablecoins, such as USDT, are backed by fiat currency which is prone to volatility itself. Edelcoin offers an alternative that aims to minimize volatility.

8. Rocket Pool – The new way to stake ETH2 for passive rewards

Rocket Pool is a decentralized node operator that allows anyone to stake ETH2 for passive rewards. Users can earn rewards in two ways: through traditional staking or by becoming a node operator and running a staking operation themselves.

rocket pool new cryptocurrency

Independent node operators are rewarded more, with a current APR of 7.10% for ETH2 staking as well as variable RPL rewards. The platform provides users with a custom node software that enables node networks to be run by anyone.

The Rocket Pool platform is supported by smart contracts to maintain decentralization. What’s more, any losses that occur from running a bad node are shared across the network to prevent a huge loss for a single user.

9. Internet Computer – A world computer blockchain that encourages blockchain singularity

Internet Computer is a new blockchain technology that uses innovative technology to enable users to build almost any computer system on blockchain. The aim of the project is to encourage blockchain singularity which will support the mass adoption of the technology.

internet computer new crypto to buyICP is a promising crypto project to invest in if you are looking to diversify your portfolio with emerging crypto technology.

$ICP is a utility token that provides access to platform governance. The token will also be used to rewarded users and to pay for transaction fees. The current circulating supply of $ICP is is 447 million and the maximum supply is 508 million.

ICP is listed on major exchanges, including Coinbase for US investors.

Where to Buy New Crypto Coins in 2024

Many of the crypto coins that we have discussed in this article can be purchased directly from the presale website or through decentralized finance exchanges. This involves swapping major tokens for new cryptos via a crypto wallet.

To buy new cryptos, you will first need to hold tokens in your crypto wallet that can be used for the transaction. For example, if the new crypto that you want to purchase is built on the Ethereum blockchain, you will need to buy the tokens with ETH.

You can buy ETH from most reputable crypto exchanges including our recommended broker, eToro.

buy new crypto coins 2023

eToro is a regulated exchange that offers access to 25 different crypto tokens. The broker is a reputable option for both beginner and experienced traders because it provides educational resources, excellent customer support, in-depth price charts and social trading.

Although the selection of currencies available on the platform is limited, it is considered to be one of the more reliable crypto providers. You can buy ETH from just $10 with a minimum deposit of $20.

eToro fees

Fee Amount
Crypto trading fee Spread, 0.75% for Bitcoin
Inactivity fee $10 a month after one year
Withdrawal fee $5

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

How to Find Newly Launched Crypto in 2024

New crypto coins are launched onto the market every day and finding them early is often the key to maximizing potential returns. Here are several ways to find new crypto coins and buy the next big crypto at an undervalued price.

1. Find new cryptos through social media

One of the best ways to find new cryptos in 2024 is to join social media channels that announce new listings. You can find these channels on Twitter, Facebook, Instagram, TikTok and Threads.

These pages typically announce coin listings and upcoming ICOs as soon as they hit the market and are used by millions of investors to invest early in new projects.

Furthermore, social media crypto influencers are often given tip offs by projects before listings are announced to the wider community. Therefore, social media influencers often have exclusive insight that is valuable to investors.

Try following several different influencers and announcement pages to ensure that you don’t miss any new coins.

Of course, it is important to proceed with caution before taking advice from social media. In the past, some influencers have been paid by fraudulent companies to promote false crypto projects. Always conduct thorough research before investing in any new crypto coins that you find on social media.

new crypto coins list

2. Crypto news sites

Another good tool that traders use to find new crypto coins to buy is the news. In particular, crypto news sites offer information about the latest IDOs and presale to hit the market. New sites are often checked by editors to make sure that all stories are legit. Therefore, these platforms are a reliable place to find new crypto investment opportunities.

Some of the best crypto news sites to find the latest new coin information include Crypto News, Coin Gecko and Coin Desk.

3. Crypto exchanges that announce new crypto coins

A good way to find new crypto projects that you can trust is to look at exchange announcements. Exchanges regularly announce new listings before they go live so that investors can be prepared to invest. Centralized exchanges review all new projects before allowing them to list on the platform. As a result, the new crypto coins that are listed by exchanges are considered to be legit projects.

The best way to keep up with exchange listing announcements is to subscribe to newsletters and notifications. Some exchanges also have social media channels that they use to make announcements to their followers.

How to Buy New Crypto Coins in 2024

In the next section of our guide, we will walk you through how to buy the best crypto coins in 2024. For this example, we will use eToro to purchase crypto that can be swapped for new coins via presale.

Step 1: Open an eToro account

Become a member of eToro by going to their website. Then, fill out the form or sign up using your Facebook or Google account if you have one.

etoro new crypto coins to buy

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Step 2: Upload ID

Since eToro is a regulated platform, all its users must verify their identities. You can do this by uploading a clear copy of a valid I.D. In addition, a utility bill or bank statement can also be used as proof of address on the platform.

new coins coming to crypto.com

Step 3: Deposit funds

You must fund your account before you can start trading. eToro requires a minimum deposit of $10. Credit cards, bank transfers, PayPal, Neteller, and Skrill, are available as payment methods.

new promising crypto coins

As well as eToro, you can link your crypto or Bitcoin wallet so that you can trade with those funds as well.

Step 4: Buy new crypto coins

You can now buy new crypto coins once your account has been funded. Just type the coin you want into the search bar. When the ‘Trade’ button appears, click it. Enter your desired purchase amount and your stop loss and take profit values. When you’re ready, click on ‘Open Trade.’

how to find new crypto coins reddit

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Our Final Thoughts on The Newest Cryptocurrencies to Buy

In the recent crypto craze, there have been discussions about new blockchain technologies, meme coins, and the metaverse, which has prompted more and more crypto projects to be created. However, it is important to remember that any crypto asset is subject to risk.

The best new crypto project to buy in May 2024 is Green Bitcoin because investors will be rewarded with lucrative passive returns. Furthermore, the token is predicted to do well around the upcoming Bitcoin halving. You can buy Green Bitcoin for a low price during the ongoing presale event.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

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References:

Jhonattan Jimenez Finance and Crypto Writer

Jhonattan Jimenez Finance and Crypto Writer

Before starting his career as a freelance writer, Jhonattan studied at the Universidad La Gran Columbia from which he graduated in 2019. Jhonattan describes himself as a crypto enthusiast and regularly writes price prediction articles for new projects. During his time as a writer, Jhonattan has gained great knowledge about the crypto space and has mastered technical analysis skills that he uses when writing token price predictions. As well as writing for Trading Platforms, Jhonattan has written for Stocksapps.com and Buyshares.co.uk.