10 Best Low Supply Cryptocurrencies in 2024

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Kane Pepi

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Kane Pepi

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Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides,...

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October 7, 2024 23:36 EDT

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The token supply is a key metric for many crypto investors. It’s preferential to invest in projects with a low or capped supply, as this prevents large batches of new tokens from entering the market.

This reduces the investment risks and creates scarcity, which can also increase demand and the project’s value over time.

This guide explores low supply crypto projects with the highest growth potential. Read on to discover undervalued crypto coins with the strongest tokenomics.

Reviewed: Top Crypto Coins with Limited Supply

The token supply is just one metric to consider when choosing the best cryptocurrencies to buy. Investors should also research use cases, market capitalization, price performance, and the respective narrative – such as meme coins, RWA, or DeFi.

We’ll now take a much closer look at the best low supply cryptocurrency projects for 2024.

1. Bitcoin – The Largest Crypto by Market Cap and a Top Store of Value With a Finite Supply

Now that we’ve covered micro-cap presales, let’s move on to Bitcoin – the world’s largest crypto by market capitalization. Launched in 2009, Bitcoin is both a medium of exchange and a store of value. Bitcoin is backed by immutable code, meaning its token supply cannot be amended. The maximum Bitcoin supply is 21 million $BTC.

Currently, almost 19.7 million $BTC is in the circulating supply. Every 10 minutes, 3.125 new $BTC are issued. These are sent directly to Bitcoin miners who successfully verify the respective block. Crucially, the new Bitcoin supply is reduced by 50% approximately every four years. The most recent Bitcoin halving took place in May 2024.

This means that Bitcoin’s maximum supply is estimated for finality in 2140. By this stage, no more $BTC will ever be issued. Unlike the other low supply crypto projects discussed so far, Bitcoin already has a behemoth market capitalization; it’s currently valued at over $1.2 trillion. Bitcoin currently trades 16% below its all-time high of nearly $74,000.

2. Yearn.finance – Decentralized Suite of Crypto-Earning Products With Competitive Yields

If you’re searching for a crypto with a low max supply, check out Yearn.finance. The maximum supply of $YFI is just 36,666 tokens. This is substantially lower than most projects in the crypto space. Moreover, CoinMarketCap data shows that more than 91% of the $YFI supply has already been issued. With this in mind, Yearn.finance has a high token price of over $6,600.

In terms of use cases, Yearn.finance is one of the best DeFi 2.0 projects to invest in. It has developed a suite of decentralized products that offer competitive crypto yields. Earning vaults support a wide range of tokens, including yETH, veYFI, yCRV, and yPrisma. One of the most popular vaults is the Staked Yearn CRV, which currently holds over $15 million in locked deposits.

This offers a huge APY of 46%. Yearn.finance never touches client-owned funds; everything is facilitated by smart contracts. In terms of price performance, $YFI tokens are down 2% in the past year. However, they trade 92% below all-time highs, which were hit in 2021.

3. Maker – Top-Rated RWA Project With Collateralized Real Estate Loans Offering $DAI Liquidity

Maker is also one of the top low supply crypto gems for 2024. It’s considered a blue-chip project from the real-world asset (RWA) industry. Its decentralized protocol issues the $DAI stablecoin, which is pegged to the US dollar. Maker also offers collateralized loans. Unlike other DeFi platforms, Maker enables borrowers to use real estate as collateral.

This offers an innovative approach to property refinancing. Real estate loans are settled in $DAI, and interest rates are dependent on various factors. This includes the loan size, repayment terms, and the value of the collateral. Maker’s other native utility token, $MKR, has a maximum supply of just 1,005,577 tokens.

More than 92% of $MKR tokens have already been issued. This gives Maker a market capitalization of almost $2.5 billion. Like many RWA tokens, Maker’s value has enjoyed rapid appreciation in recent times. On a 12-month basis, $MKR tokens are up 327%. Many investors are taking advantage of the existing market correction; $MKR trades 57% below all-time highs.

4. Aave – Open-Sourced Liquidity Pools Connecting Lenders and Borrowers via Smart Contracts

Next is Aave, which is an established decentralized finance platform offering open-sourced liquidity pools. Its smart contract-based ecosystem is considered one of the safest ways to lend crypto funds. This means Aave never holds client tokens. Investors simply need to connect a wallet to Aave and choose which liquidity pools to invest in.

Aave notes that over $15 billion worth of tokens are currently locked in liquidity pools. This covers 15 crypto markets across 8 different network standards. Two of the most popular lending pools are Tether and USD Coin, which currently yield 4.51% and 6.17%, respectively. In turn, borrowers pay 7.17% and 8.4% when borrowing these stablecoins.

This offers a healthy margin for the broader Aave ecosystem. Moving onto tokenomics, Aave is firmly within the low supply crypto threshold. It has a maximum supply of just 16 million tokens. 92.59% of the supply is now circulating. Aave – which has a market capitalization of $1.2 billion. has increased by 30% in the past year. It trades 87% below all-time highs.

5. MultiversX – Layer 1 Infrastructure Project for DeFi, RWA Tokens, and Metaverse Ecosystems

MultiversX also makes our list of low supply crypto tokens. This is a layer 1 infrastructure project that’s building a home for Web 3 products. This includes decentralized finance platforms for crypto lending and trading. Not to mention RWA projects and metaverse ecosystems. Not only does MultiversX support smart contracts but it’s highly scalable.

MultiversX claims it can handle up to 263,000 transactions per second. This is considerably more than other Web 3 blockchains like Ethereum and Solana. Moreover, MultiversX is a WASM-based Virtual Machine, meaning developers can write smart contracts in familiar programming languages. Smart contract fees are paid in the project’s native token, EGLD.

Launched in 2020, the maximum $EGLD supply is 31,415,926 tokens. 85.74% is currently in the circulating supply. MultiversX has a market capitalization of just over $1 billion. With growth of under 1% in the past year, MultiversX has vastly underperformed the broader crypto market. $EGLD currently trades 92% below all-time highs.

6. Ethereum Classic – A More Decentralized Alternative to Ethereum With a Capped Supply of 210.7 Million ETC

Unlike the ‘original’ Ethereum, Ethereum Classic has a maximum supply. Just 210.7 million $ETC tokens will ever exist. Almost 70% of the total supply is currently in circulation. Ethereum Classic uses the proof-of-work consensus mechanism. This means newly issued $ETC tokens go directly to miners. The block reward is 2.56 $ETC.

However, similar to Bitcoin, the mining reward declines periodically. It’s reduced by 20% approximately every two years. Another difference between Ethereum Classic and Ethereum is governance. Ethereum Classic is considered more decentralized than Ethereum, as it doesn’t have a core group of developers.

This means $ETC holders have a greater say in network proposals. That said, just like Ethereum, Ethereum Classic supports smart contracts and decentralized applications. It has a market capitalization of just over $3.8 billion. Ethereum Classic has increased by 42% in the past year. Over the same period, Ethereum’s value has risen by 62%.

7. Uniswap – Leading Decentralized Exchange for ERC-20 Tokens With AMM Technology

The final option to consider is Uniswap, one of the crypto world’s largest decentralized exchanges. Uniswap created a sea-change in the crypto trading space upon launching in 2018. This is because of its automated marker maker (AMM) model, which alleviates the need for traditional order books. Put simply, this means traders can buy or sell tokens without another market participant.

The AMM automatically determines pricing based on various factors, such as trading volumes, market capitalization, market depth, and liquidity. Moreover, like most decentralized exchanges, Uniswap doesn’t require an account opening process. Traders can swap tokens anonymously – only a self-custody crypto wallet is needed.

Uniswap operates a decentralized autonomous organization (DAO), which votes on key proposals. Anyone can join the Uniswap DAO by holding $UNI. Uniswap has opted for a maximum supply of 1 billion tokens. However, just 59.89% are currently circulating. Uniswap’s market capitalization sits at $4.1 billion. $UNI is up 35% in the past year.

8. Pepe Unchained (PEPU) – Low-Supply Ethereum Layer-2 Project for the Pepe Ecosystem

Pepe Unchained is a Layer 2 blockchain offering unmatched speed and low transaction fees. With a total token amount of 8 billion, it boasts 100x faster transactions than Ethereum and instant bridging between ETH and Pepe Chain. With $PEPU, you can stake tokens for double rewards on Layer 2.

Pepe Unchained’s dedicated block explorer, bridging capabilities and lower fees make it a compelling choice in the presale market. To get the most out of this project, read the whitepaper, follow Pepe Unchained on X, and join the Telegram channel.

Visit Pepe Unchained

9. Crypto All-Stars (STARS) – New Low Supply Crypto Project for Staking Top Meme Coins

Crypto All-Stars is an exciting new project with meme coin holders squarely in its sights. Holders of various tokens like PEPE, DOGE, BONK, and many more can lock their tokens in the project’s MemeVault and earn rewards in return. The reward for staking meme coins will be proportional depending on how many $STARS tokens the holder has.

Investors can buy $STARS tokens at a discount during the presale and stake them to earn generous APY. Currently, the APY is 652%%. Early birds have the opportunity to earn the biggest rewards once the MemeVault launches. Follow Crypto All-Stars on X and join their Telegram channel for the latest updates.

Visit Crypto All-Stars

10. Flockerz (FLOCK) – Low Supply Vote-to-Earn Meme Token

Another rising crypto with a capped supply is Flockerz, that has ambitiously set out to redefine decentralization. Flockerz rewards users for voting on future project decisions through a new vote-to-earn protocol that gives holders a real stake in their decisions. Early adopters get to stake $FLOCK, the Flockerz native token, for a 2,551% APY.

The meme coin has secured over $686,000 since launching its presale. Interested investors can purchase $FLOCK with USDT, BNB, ETH, or a credit card. Check out the Flockerz whitepaper and subscribe to the Telegram channel for more updates.

Visit Flockerz

Understanding Crypto Supply Dynamics

Now that you know the difference between the maximum, total, and circulating figures – we now take a clear look at how low supply cryptocurrencies are defined.

Some consider a crypto project to have a low supply based on the maximum number of tokens that have been issued. The specific number is subjective. For instance, our methodology used 100 billion as the market benchmark. This means we only considered projects that have a maximum supply of 100 billion tokens or less. However, other investors might have different thresholds.

That said, some analysts focus on the ratio between the circulating and maximum supplies. This makes sense, as the ratio determines how many new tokens will enter the market.

For example,

• Suppose the maximum supply is 1 billion tokens.
• The circulating supply is 400 million tokens
• This means just 40% of the maximum supply is in the public domain
• The 60% balance is held by the project developers – meaning they could be dumped on investors at any time

That said, research is important when coming across low circulating percentages. For example, XRP has verifiable lock-up terms. This means only a small percentage of XRP tokens will enter the market periodically. Put otherwise, the new XRP supply is predictable and transparent.

In contrast, some crypto projects hold a huge percentage of tokens without any safeguards. Investors should think twice about investing in such projects, as large dumps could happen at any time.

Methodology: How We Ranked The Best Low Supply Cryptocurrency

We’ve established that there is subjectiveness when defining low supply crypto projects. As such, we developed a methodology to ensure consistency with our top picks. Moreover, it’s important to remember that the supply is just one factor to consider.

After all, having a low supply doesn’t necessarily mean the project is worth investing in. Other important metrics include the token use cases, demand trends, and a fair distribution model. We’ll now explain our research methods in more detail.

Low Maximum Supply – 25%

The initial step was to create a low supply cryptocurrency list. This consisted of projects that met our internal definition of ‘low supply’, which covered various mechanisms. First, we only considered cryptocurrencies with a ‘maximum’ supply of 100 billion tokens or less. Second, projects were only considered if they had a ‘capped’ supply.

This means new tokens can’t be added to the overall total. As such, we couldn’t include Ethereum or Solana, as these projects have an inflationary system without any caps. In addition, we prioritized cryptocurrencies with a high circulating supply percentage. Where possible, at least 80% of the supply has already been issued.

Fair Token Distribution – 25%

Next, we explored how the crypto token supply is distributed. This is very important, as some projects have an unfair distribution policy.

This means a large percentage of tokens are concentrated in a small number of wallets.

• For example, consider a new cryptocurrency launch with just 1,000 unique token holders.
• If 60% of the tokens are held in just five wallets, this is a huge red flag.
• After all, those five wallets can vastly impact the token’s price should they decide to sell.

Data aggregation platforms like Birdeye are a great source when assessing token distribution. Birdeye lists the percentage of tokens held by the top 10 wallets. It does this for virtually all tokens that trade on decentralized exchanges.

Rising Demand – 25%

While the focus so far has been on token supply, our methodology also evaluated demand trends. Conventional economic theory suggests that if demand outpaces supply, prices increase. The same concept applies to crypto token valuations. So, after short-listing low supply projects, we assessed whether the demand trend was rising or falling.

We assessed unique wallet holders to achieve this goal. For instance, suppose the circulating and maximum supplies were both at 100%. We’ll also say the number of unique wallet holders has increased consistently for 12 straight months. These metrics are positive; they highlight the continued growth as the project keeps attracting new buyers without impacting the supply.

Quality of Use Cases – 25%

Another important part of our methodology is the token’s use case. Projects with identifiable use cases were prioritized, as this can cause long-term demand. For example, $MEMEBET token holders can get degen rewards, special perks, and airdrops.

Crucially, use cases encourage people to buy and hold the respective tokens. In contrast, tokens without use cases are usually speculative. While price appreciation is still possible, it’s often short-lived.

Advantages of Investing in Low Supply Coins

We’ll now explore the advantages of investing in low supply crypto tokens. After that, we’ll move on to the potential drawbacks.

Lower Inflationary Pressure

Unless 100% of the maximum supply is issued from the get-go, inflation must be considered. For example, although Bitcoin has a maximum supply of 21 million $BTC, the circulating supply is currently about 19.7 million $BTC. Every 10 minutes, just 3.125 new $BTC are issued via mining rewards.

This means in theory, Bitcoin witnesses inflation. This will happen until the maximum supply is mined – which is expected to happen in 2140. That said, Bitcoin’s mining framework results in low inflationary pressure, considering the amount involved. This is beneficial from an investment perspective, as inflation is slow, predictable, and capped.

However, not all crypto projects follow a similar mechanism. If too many tokens have been issued and the new supply isn’t controlled by immutable code, this carries a sizable investment risk. After all, new token issues could dilute existing holders by considerable amounts.

Scarce Crypto Tokens Can Fuel Demand

Another benefit of investing in low supply cryptocurrencies is that scarcity can fuel demand. This means people are inclined to buy the respective tokens because the overall supply is limited. This concept is similar to gold – which has increased in value for thousands of years. Only so much gold can be mined each year, so consistent demand ensures long-term appreciation.

Bitcoin is once again a great example to use. Only 21 million $BTC tokens will ever exist. This means that no more 21 million people can ever own 1 full Bitcoin. With this in mind, people are encouraged to purchase Bitcoin as the circulating supply gets closer to the maximum allocation.

Potential as a Store of Value

Low supply cryptocurrencies are also suitable as a store of value. They instill confidence in investors – especially during times of economic turbulence. This is because investors are assured that a large number of new digital assets won’t suddenly enter the market. This predictability is crucial for stores of value – as it enables assets to appreciate organically over time.

There’s also the psychological factor to consider. As explained in an Oxford Research Encyclopedia of Psychology study, people often assume that assets are more valuable when the overall supply is limited. This not only motivates people to purchase stores of value but also to hold them for the long term. These market dynamics also apply to cryptocurrencies.

Drawbacks of Investing in Low Supply Crypto

Investors should also consider the drawbacks of coins with a limited supply, which we explain in the sections below.

Slows Further Adoption

One of the key metrics for crypto projects to succeed is long-term adoption. This means using the respective blockchain or crypto tokens for a specific reason. For example, Solana regularly invests in innovative applications for its growing ecosystem. This encourages adoption – meaning more users engage with the network.

Solana doesn’t have a maximum supply – allowing it to fund new projects from newly issued tokens. However, projects with a low token supply don’t have the same luxury. This is especially the case when the majority of tokens are already circulating, as the project won’t have access to operating capital.

Increased Volatility Due to Low Liquidity

A low token supply can also lead to increased volatility. This means the token’s price rises and falls sharply, often due to low liquidity. After all, if there aren’t enough tokens on public exchanges to meet demand, traders might be forced to accept unfavorable prices.

For instance, they might need to sell at a lower market price. Or buy above the current market price. Either way, sufficient liquidity is crucial for crypto markets to operate smoothly.

Higher Concentration of Tokens

One of the biggest risks of low supply cryptocurrencies is that the token distribution can be highly concentrated. This means a large percentage of the supply is held by a small number of wallets. As we covered earlier, the risk here is that the project is overly centralized.

At any time, one of these wallet holders could dump their tokens. This could be a ‘whale’ investor, or a member of the development team. Either way, a token dump could have a hugely negative impact on the token’s price.

Conclusion: What is the Best Low Supply Crypto?

In summary, low supply crypto projects offer many investment benefits, including low inflationary pressures, increased scarcity, and the ability to encourage long-term investing.

One of the best projects in this market is Pepe Unchained. Not only does Pepe Unchaned have strong supply tokenomics, but it’s making big waves within the ever-growing Pepe ecosystem. $PEPU tokens are now being sold at presale prices, with more than $$19.4 million raised so far.

Visit Pepe Unchained

FAQs

What crypto has low supply?

Those looking for a good investment in an established crypto with a low circulating supply might consider Bitcoin, Yearn.finance, Maker, or Aave. New projects like Pepe Unchained and Mega Dice are also worth considering.

Is a low circulating supply good?

Yes, buying a low circulating supply crypto can be beneficial for investors. It can create scarcity, meaning people are more inclined to buy and hold the tokens long-term.

Which coins have the least amount of inflation?

Bitcoin has one of the lowest inflation rates – just 3.125 new $BTC enters the supply every 10 minutes. This is reduced by 50% approximately every four years, meaning it will take more than 100 years for the remaining 6.2% supply to enter circulation.

What is a good penny crypto with low supply?

Mega Dice is a great option for penny crypto investors seeking exposure to the market immediately. The maximum supply is just 420 million $DICE tokens, which are now being sold to presale investors at $0.069.

How do you find crypto coins with low supply?

CoinMarketCap is a great way to find coins with a limited supply. Click on the ‘Circulating Supply’ button, which ranks coins with the lowest supply.

References

1. Bitcoin ‘halving’ has taken place, CoinGecko says (Reuters)
2. Maximum and current supply of 100 cryptocurrencies with the highest market cap (Statista)
3. Inflationary pressures (RBC Global Asset Management)
4. Psychological Responses to Scarcity (Jiaying Zhao and Brandon M. Tomm)