9 Best Crypto Winter Tokens to Buy in October 2024
The crypto winter typically refers to a long-term bear market that, from the investor’s point of view, gives a chance to buy some of the top large-cap and small-cap cryptos at a low price.
This article reviews some of the best crypto winter tokens to buy in 2024. We also discuss the current state of the market and the pros and cons of investing during such a crypto winter.
- The Pepe meme gets its own Ethereum Layer-2 chain
- Stake $PEPU to earn double the staking rewards through Layer-2 technology
- Pepe Unchained aims to replicate the success of Pepe but with its own ecosystem
- ETH
- bnb
- usdt
- +1 more
- Meme coin project bringing together every top meme coin in the world.
- Features a revolutionary staking contract that allows all top meme coins to be staked on one singular platform.
- Stake $STARS for big rewards and claim your tokens at the end of the presale phase.
- ETH
- usdt
- Bank Card
- +1 more
- First-of-its-kind Vote-To-Earn DAO, giving holders the power to control the destiny of the project.
- Early adopters of this meme coin earn massive rewards for buying and staking their tokens during presale.
- 25% of supply reserved for staking $FLOCK tokens and watching rewards hatch.
- ETH
- usdt
- Bank Card
- +1 more
- A brand new play-to-earn casino that allows wagering with meme coins
- Exclusive rewards such as airdrops, bonuses and loot boxes for token holders
- A selection of thousands of crypto games to play, including a sportsbook
- ETH
- usdt
- Bank Card
- +2 more
- Trending meme coin with P2E utility & staking rewards
- Price up 10x in past month, rumors of Binance listing
- 12k+ holders and growing
- Bank Card
- usdt
- ETH
- New token that aims to revolutionise how digital currencies are used in everyday commerce.
- $SPY tokens to list on major centralised exchanges, including the MEXC Global exchange.
- Loyalty incentives, airdrops, and participation rewards for community members.
- bnb
- usdt
- Bank Card
- +5 more
- New meme coin offering an immersive Wild West crypto experience with high-stakes battles
- Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 2,000% p/a
- Token holders can cast votes on key project decisions and try their luck in the 'Lucky Lasso Lotteries'
- ETH
- usdt
- bnb
- +1 more
- Forecast the outcomes of Formula One races and compete with fans worldwide for a spot on the leaderboard.
- Use $BDJ tokens to participate in prediction markets, stake for additional rewards, or hold for potential future value appreciation.
- Buy and stake $BDJ to earn up to 6,811% in passive income rewards.
- ETH
- bnb
- usdt
- +1 more
- Promising meme token offering real-world utility and applications.
- Piloting its web3 dApp known as GemLaunch Suite allowing crypto enthusiasts to build and run cryptos and presales.
- Native $ARKN tokens can be used for gas fees, staking rewards, airdrops, service discounts and more.
- AVAX
- BASE
- bnb
- +3 more
- 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.
- bnb
- usdt
- ETH
- Chocolate-themed meme coin project aiming to list on major exchanges.
- The top 200 presale buyers are eligible to win prizes including SOL, a Tesla Model S, and a MacBook Pro.
- $CHOC coin contract has been fully audited.
- Solana
- ETH
- usdt
- Latest crypto ecosystem designed to power all upcoming dApps.
- With no gas fees, lightning-fast transactions, crypto staking options and more, JetBolt is one to watch.
- Buy and stake JBOLT tokens to earn rewards.
- Bank Card
- ETH
- Bitcoin
- +2 more
- Dog meme coin with huge staking rewards
- Charity-focused coin where holders can vote on where to donate
- A portion of every transaction fee will go to the chosen recipients
- ETH
- Bank Card
The Best Crypto Winter Tokens
A list of the best crypto winter tokens worth considering during this bear market can be found below:
- Pepe Unchained (PEPU) – Layer-2 meme coin with 122% staking APY and faster, cheaper transactions.
- Crypto All-Stars (STARS) – Stake the world’s best meme tokens all in one ecosystem, get 3x staking APY.
- Flockerz (FLOCK) – Decentralized meme coin offers rewards through its vote-to-earn mechanism.
- Memebet Token (MEMEBET) – CasinoFi meme token offering play-to-earn airdrops.
- Sponge V2 (SPONGEV2) – Crypto winter gem with high staking APY and upcoming Sponge racing P2E game.
- Shiba Shootout (SHIBASHOOT) – Wild West-themed meme coin raising $1.19 million, with high passive income potential.
- Bitcoin (BTC) – The largest cryptocurrency in the world and top crypto winter token for long-term store of value.
- Binance Coin (BNB) – Native token of Binance, the world’s largest exchange by trading volume
- Polkadot (DOT) – This blockchain addresses interoperability and scalability solutions.
A Closer Look at the Best Coins to Invest in During Crypto Winter
At the time of writing, the cryptocurrency space is firmly in a bear market. However, market-wide decreases mask a variety of intricacies and outliers. Many investors are looking for the best recession-proof cryptos with strong upside potential. Importantly, some cryptocurrencies show more potential than others. With this in mind, investors will find our analysis of the best coins to invest in during the crypto winter useful. Our research findings can be found below:
1. Pepe Unchained (PEPU) – Layer-2 Meme Coin with 122% Staking APY and Faster, Cheaper Transactions
Pepe Unchained (PEPU) is currently the best crypto winter token to buy. It’s a hot new meme crypto that aims to be a better version of the original Pepe meme coin. The platform is built on top of Ethereum as a layer-2 network that can process transactions faster and is cheaper than Ethereum.
At the time of writing, early buyers can grab $PEPU for just $0.00994. However, this price will increase in the upcoming presale round. The platform currently offers “double staking rewards” to people who buy early during the presale. If you stake your tokens, you can earn a high APY of over 122% at press time. It’s also worth noting that there will be 8 billion $PEPU tokens in total. They are reserved for presale (20%), staking rewards (30%), and marketing (20%).
Pepe Unchained aims to be more than just a fun meme coin. They want to create a whole system with features like quick transfers between Ethereum and their own chain, a special tool to track all transactions, and the ability to handle transactions 100 times faster than Ethereum. Buyers can follow the Pepe Unchained X (Twitter) account and enter its Telegram group to get the most recent presale updates.
Presale Started | June 2024 |
Purchase Methods | ETH, BNB, USDT, Card |
Chain | Pepe Unchained (Ethereum L2) |
Starting Price | $0.008 |
Current Price | $0.00994 |
Raised So Far | $18.2 million |
2. Crypto All-Stars (STARS) – Single Platform for Staking Multiple Meme Coins
Crypto All-Stars (STARS) stands out in the meme coin world by offering a unique staking platform called the MemeVault, where holders of popular meme coins like Dogecoin, Shiba Inu, and Floki Inu can stake their assets to earn rewards.
The project allows users to earn passive income by holding $STARS, the native currency, which can boost staking returns by up to 3x in APY. This staking mechanism is a game-changer in the meme coin space, providing utility beyond simple holding or trading.
With a total supply of 42.069 billion $STARS, the platform has allocated 25% of its tokens for MemeVault rewards, making it an attractive option for investors seeking long-term returns through staking. Another 25% of the token supply will also be distributed as rewards for directly staking $STARS tokens.
Another 20% of the tokens are being sold in presale, which has already raised over $2.06 million, indicating strong early interest. For more information, read the Crypto All-Stars whitepaper and join the Telegram channel.
Presale Started | August 2024 |
Purchase Methods | ETH, BNB, USDT, Card |
Chain | Ethereum |
Starting Price | $0.00138 |
Current Price | $0.0014828 |
Raised So Far | $2.06 million |
3. Flockerz (FLOCK) – Vote-to-Earn Meme Coin Offers Staking Rewards
Flockerz ($FLOCK) is a new meme coin revolutionizing the crypto space with its unique vote-to-earn model. Holders of $FLOCK tokens can participate in governance through Flocktopia, the decentralized autonomous organization (DAO) of the platform.
Active involvement in voting on key decisions earns users rewards, thus incentivizing continuous user engagement.
Additionally, Flockerz offers impressive staking opportunities, with an annual yield of more than 3,500% for those staking their tokens on smart contracts. 25% of the total supply is reserved for staking rewards, while another 20% is available through its ongoing presale.
As of now, $FLOCK is priced at 0.0057012, and the presale has already raised $493,000 in just a few months, showing strong early support for the project.
The successful presale and vote-to-earn rewards can make Flockerz one of the top winter tokens in 2024. Stay tuned for more project updates by going through the Flockerz whitepaper and joining the Telegram channel.
Presale Started | August 2024 |
Purchase Methods | ETH, BNB, USDT, Card |
Chain | Ethereum |
Starting Price | $0.0050 |
Current Price | $0.0057012 |
Raised So Far | $493,000 |
4. Memebet Token (MEMEBET) – Get Play-to-Earn Airdrops with this Telegram Casino
Memebet Token ($MEMEBET) is the native token of the upcoming Memebet Casino, a unique platform offering sports betting and casino games with a play-to-earn model.
What sets Memebet apart is that it’s the first-ever Telegram Casino allowing users to wager popular meme coins like $PEPE and $DOGE across 1,000+ betting markets.
In addition to wagering with these popular tokens, players can use $MEMEBET, the native token, to unlock exclusive rewards. Memebet offers play-to-earn airdrops based on the amount wagered with $MEMEBET, encouraging active participation.
High rollers and top token holders gain access to the VIP High Rollers Club, which promises exclusive perks. Token holders can also unlock lootbox prizes containing rare NFTs, signed Argentina Football Team jerseys, and cash rewards.
Currently, $MEMEBET is priced at 0.0256 during its presale, which has already raised over $382,000. With 70% of its 2 billion token supply being allocated for the presale, Memebet is positioning itself as a major player in the meme coin casino space.
Learn more about this meme coin by going through the Memebet Token whitepaper and joining the Telegram channel.
Presale Started | August 2024 |
Purchase Methods | ETH, BNB, USDT, Card |
Chain | Ethereum |
Starting Price | $0.0255 |
Current Price | $0.0256 |
Raised So Far | $382,000 |
5. Sponge V2 – Offers 30% Staking APY And an Upcoming Play-to-Earn Racing Game
As the name suggests, Sponge V2 is the newest version of the popular $SPONGE meme coin. The Sponge V1 surged 100x since its presale price, peaking at a $100 million market cap. The Sponge V1 is still doing good, standing at around $16 million fully diluted market cap. You can now upgrade your $SPONGE tokens to $SPONGEV2 by staking them on the Sponge V2 website. However, if you don’t have the tokens, buy them on the Sponge V2 website. All you need is an Ethereum-based wallet and ETH or USDT to complete the purchase.
Stake your tokens after purchase to take advantage of the generous annual percentage yield that now stands around 30%. This will drop, however, as more tokens are staked. In the Sponge V2 whitepaper, the team has outlined three stages of development. This is now the first stage where you stake your $SPONGEV2 tokens.
The second stage is when you can claim your tokens and when $SPONGEV2 gets listed on major exchanges. The third and final stage will see the release of the Sponge play-to-earn racing game. Follow Sponge V2 on X and join the Sponge V2 Telegram channel to stay updated with the latest information. You can also join the Sponge V2 Discord.
6. Shiba Shootout (SHIBASHOOT) – Wild West-themed Meme Coin raising $1.19 million, with High Passive Income Potential
Shiba Shootout (SHIBASHOOT) is a trending new crypto project that combines the popular Shiba Inu dog with a Wild West theme. It uses its native token called $SHIBASHOOT for various community activities and rewards. Some key features of Shiba Shootout are:
- A Western story with characters like Shiba Sharpshooters
- Community activities like Campfire Stories and Lucky Lasso Lotteries
- A program called Posse Rewards where you can invite friends
- Multiple ways to earn rewards by holding tokens, called Savings Saddlebags and Cactus Staking
The platform’s supply cap is 2.2 billion tokens. In the ongoing presale phase, 35% of these tokens are available at a relatively low price. At press time, you can get $SHIBASHOOT for just $0.0205. The team plans to list the tokens on exchanges, grow the community, and add new features like merchandise and learning tools.
The $SHIBASHOOT presale has been a huge hit, raising nearly $1.19 million in just a few weeks of launch. Buyers can join Shiba Shootout’s Telegram channel and follow it on X (Twitter) for the most recent project updates.
Presale Started | April 2024 |
Purchase Methods | ETH, BNB, USDT, Card |
Chain | BNB Chain |
Starting Price | $0.0187 |
Current Price | $0.0205 |
Raised So Far | $1.19 million |
7. Bitcoin (BTC) – Top Crypto Winter Token for Long-Term Store of Value
Bitcoin is by far the most well-known cryptocurrency and has become a global phenomenon. BTC was the first blockchain-based digital asset, and it has been steadily gaining popularity since 2009. Bitcoin is widely recognized as the benchmark for the market as a whole, making it one of the best crypto winter tokens.
BTC went from less than a cent in 2009 to a high of Coin data not available in 2024. After an extended bearish phase, the recent recovery helped Bitcoin reach its ATH on 14 March 2024 at $73,750. The coin traded at nearly 24% below its ATH at the time of writing. Buyers buying BTC at the press price could still get high returns when the market rebounds to find another rally.
This crypto asset has a fixed supply of 21 million coins, making it one of the best deflationary cryptos in 2024. Around 94% of all BTC tokens are in circulation at the time of writing. Bitcoin’s market capitalization is $1.25T, and BTC remains the largest cryptocurrency by market capitalization.
8. Binance Coin (BNB) – Native Token of the World’s Largest Exchange by Trading Volume
BNB is one of the best cryptos to buy during the crypto winter, as it is Binance’s native currency. Binance is the largest cryptocurrency exchange globally in terms of daily trading volume. BNB is one of the best utility tokens on the market. Binance users can receive discounts on commissions by using BNB tokens to make payments.
As a result, even in a down market, BNB tokens are still widely used. In other words, they continue to have a certain fundamental level of demand. Moreover, investors may have more trust in them than they might in other cryptocurrencies because of their connection to Binance.
In a recent release, Binance said a new on-chain governance system would be implemented on the BNB Chain to combat and protect against future theft. CoinMarketCap data shows 147.58M worth of BNB circulating right now. BNB’s supply is capped at 200 million. Around 77% of BNB’s supply is in circulation at the time of writing. The market capitalization of Binance Coin is over $84.85B.
9. Polkadot (DOT) – Blockchain Addressing Interoperability and Scalability
The Polkadot blockchain, similar to Ethereum, was created to serve an ecosystem of decentralized finance (DeFi) services and applications (dApps). Polkadot aggregates several blockchains and uses the platform’s PoS consensus process, sometimes called the relay chain. The purpose of this is to confirm transactions and protect the network. Polkadot offers fast transactions because shard chains (sometimes referred to as parachains) can execute them in parallel rather than sequentially.
The creator of Polkadot (and founder of the Web3 Foundation) predicts that the blockchain will eventually enable one million transactions per second. Polkadot addresses scalability and interoperability, two major issues plaguing the blockchain sector. Both are high on the list of priorities for developers, too.
This shows in the number of active monthly developers using Polkadot, making it the largest active ecosystem of its kind. With all this in mind, DOT is one of the best crypto winter tokens for investors to consider buying in the current climate. At the time of writing, Polkadot has a market capitalization of nearly $6.20B
What is the Crypto Winter?
The crypto winter, otherwise referred to as a bear market, is a period when prices decline and/or remain steady for months or even years. Many analysts believed that in early 2022, the foundations for the impending crypto winter were laid, leading to a continued downtrend toward the end of that year.
The crypto market has already felt the impact of world events, particularly the Russia-Ukraine crisis that shook global banking. Additionally, high inflation has caused rising interest rates in the US, a significant player in the crypto market. From its peak, the market could lose anywhere from 60% to 95%, depending on the token.
Small and medium-cap coins, in particular, have taken the most brutal hit. However, cryptos have previously withstood many bear markets, so many would argue that crypto winter is a good time to invest while prices are low.
Are We Currently in a Crypto Winter?
As of August 2024, the crypto market had shown signs of recovery and growth that suggested that the industry was not in a crypto winter yet. After an extended downtrend in 2022, the buyers re-entered the market and provoked a bull run that has helped top blue-chip cryptos like Bitcoin and Ethereum regain some crucial support levels.
After touching its two-year low in November 2022, BTC rallied by over 340% in over a year to reach an ATH of $73K in March 2024. Similarly, Ethereum, the second-largest crypto by market cap, saw an uptrend during this period. However, it’s worth noting that these cryptos hit their resistance and lost nearly 20% of their value from these ATHs at press time.
Since the market typically works in cycles, expecting a bull run to continue for multiple years would be irrational. So, a likely decline from these resistance levels can reignite a bearish phase that could lead us into a ‘crypto winter.’ Investing in early-stage projects that are yet to hit the market can be a good choice right now to capitalize on the current market sentiment.
While the crypto market still experienced fluctuations- the overall trend as of August 2024 was more positive than what would typically be associated with a crypto winter. But it’s important to note that the crypto market is highly dynamic and conditions can change rapidly.
Advantages of Investing During a Crypto Winter
Before 2022 and early 2023, the previous crypto winter ran from early 2018 to late 2020. While Bitcoin lost a huge amount of its market value, other cryptocurrencies, like Ethereum and Litecoin, also fell dramatically. Those searching for the best crypto winter tokens may wonder whether it’s a good time to invest. While there are no guarantees, history has shown us that buying wisely during a crypto winter can potentially result in gains once the market recovers.
Much Lower Entry Prices
During a crypto winter, coin prices usually drop significantly from their previous highs. This gives buyers a chance to enter the market at much lower prices. Cryptos that were previously out of reach become more accessible to acquire because they were valued too high, allowing investors to buy a larger portion with the same amount of money.
Better Value for Money
After the crypto winter thawed in 2022, there was a period of phenomenal growth that lasted for most of 2023. For example, Ethereum started 2023 at almost $1,545 per token and peaked at over $4,000 in March 2024. Investors during this time saw gains of around 170%. Based on its price at the time of writing, Ethereum, a top trending cryptocurrency, was down by nearly 25% of its latest ATH.
Reduced FOMO
With decreased hype and market euphoria, investors can make more rational decisions based on thorough research rather than emotional impulses. As a result, FOMO is less prevalent during a crypto winter. This phase typically fizzles out any overvalued pricing in the market.
Drawbacks of Investing During a Crypto Winter
While investing during a crypto winter can offer high returns, it’s crucial to understand the potential risks with this strategy. A crypto winter is typically also characterized by extended periods of declining prices and market stagnation. Such a scenario would often present unique challenges that investors should carefully consider.
Potential for Further Loss
One of the biggest risks of buying during a crypto winter is that prices could keep going down. Even if prices for assets look low compared to their all-time highs, that doesn’t mean they’ve really hit their lowest point. As the market continues to correct, investors may lose more money, which could test their willpower and financial capacity.
Long Wait Before Next Bull Run
It could be challenging to spot the best crypto bull run coins because crypto winters can last for long periods—sometimes years. This means that investors might have to be ready to stay committed long before they see big gains. This waiting period can be psychologically challenging and may tie up capital that could be used for other investments.
Overwhelming Negative Sentiment
The general mood of the market is usually very negative during a crypto winter. This widespread pessimism can be hard on investors’ emotions and make it hard to trust their investment choices. A steady stream of bad news and market analysis can make people question things and could make investors sell at a loss out of fear and doubt.
Conclusion
The question of whether to invest in a crypto winter is not an easy one to answer. It depends on various factors, such as the investor’s experience, appetite for risk, and short-term or long-term goals. That said, carrying out plenty of research and investing in the best crypto winter tokens could pay off at a later date.
This guide has talked about the best crypto winter tokens in detail and ranked projects we believe could have the most potential. Some investors look to buy tokens during a crypto winter as many assets are trading at a discounted price. Currently, the best crypto winter token to buy is Pepe Unchained. It is a hot new meme crypto offering high staking rewards and utility via its layer 2 network.
FAQs
What does crypto winter mean?
Winter crypto is comparable to a bear market in stocks. That is to say, during a crypto winter, the digital currency market performs poorly, and prices are down. This sometimes presents investors with an opportunity to buy the dip and profit at a later date if and when the market corrects itself.
Has crypto winter arrived?
No, the crypto winter has not arrived yet since the markets peaked in early 2024. The crypto winter before this started in late 2021 and finished in early 2023.
How long will the crypto winter last?
There is no definitive answer to the question of how long a crypto winter lasts. Some crypto winters last months, others last years on end. The best approach is to perhaps a dollar-cost average and subsequently remain in the market by buying the dip.