12 Best Web 3.0 Coins to Invest in 2024
Web 3.0 is the new generation of the internet – which leverages blockchain technology to offer decentralized protocols through various cryptocurrency tokens. The best Web3.0 crypto coins leverage these technologies to provide multiple use cases.
With Web 3.0 cryptos expected to witness rapid growth in the coming decade, this guide reviews a range of the best Web 3.0 cryptocurrency projects in 2024.
- 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 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
- Easy to integrate Dogecoin spinoff, celebrating 10 years of the original Dogecoin
- Secure and transparent staking on ETH blockchain, with high passive rewards for holders.
- Scheduled to be launched on major crypto exchanges in Phase 3 of roadmap, ensuring widespread accessibility and adoption.
- usdt
- Bank Card
- 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
- Native token of the DTX Exchange that offers 1000x leverage
- Almost $1 million already raised in just a short time
- Upcoming crypto giveaway where 10 presale participants will win $100,000 worth of DTX Token each
- Bitcoin
- ETH
- usdt
- +2 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
- 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
Best Web 3.0 Cryptocurrency to Invest in Now
The web 3.0 crypto coins list below provides a quick look at the top digital assets we will be reviewing shortly:
- Pepe Unchained – Meme coin with Layer-2 solution offering 100x speed at lower costs, raised over $17.8 million.
- Crypto All-Stars – Revolutionary crypto platform lets you stake the world’s best meme coins under one roof.
- Flockerz – New meme coin offers vote-to-earn rewards through its DAO. Get 3,842% staking APY.
- Memebet Token – The native Web3 crypto of the Memebet Casino offers generous rewards.
- Shiba Shootout – Community-focused meme coin with high-yield “Cactus Staking” and lottery program.
- Sponge V2 – Updated version of SPONGE meme coin, which exploded 100x during original launch.
- Solana – Web 3.0 blockchain Offering High Throughput.
- Decentraland – Metaverse Real-Estate Project to Buy Now.
- Ethereum – Top Smart Contract Protocol with $166 Billion Market Cap.
- Aurora Finance – Layer-1 Blockchain with Ethereum Bridge.
- Binance Coin – Binance’s Governance Token Running on BSC.
- Yearn.finance – Web 3.0 Protocol Offering Passive Income Opportunities.
Analyzing the Best Web 3.0 Crypto Coins
The best web 3.0 crypto tokens offer unique use cases by leveraging decentralized protocols. Furthermore, some of the coins on this list have provided high returns to investors, with the potential to grow further.
Continue reading to get an in-depth look at the best web 3.0 crypto coins in 2024:
1. Pepe Unchained – Meme Coin with Layer-2 Solution Offering 100x Speed at Lower Costs, Raised Over $8.5M
Pepe Unchained ($PEPU) is currently our #1 pick for the best Web 3.0 coin to buy. It’s a trending new meme coin that aims to build its own layer-two blockchain. Since it will move transactions off the main blockchain for processing, it will offer faster transactions at a much lower cost than Ethereum.The platform has leveraged the viral popularity of the Pepe meme to create relatability with people while offering real value via a layer-2 network. This idea has worked quite well, as the presale secured over $17.8 million in just a few months.Early buyers can also earn high APY by staking their $PEPU tokens. The platform currently has over 122% APY. Over 600 million tokens have already been staked until now, showing high investor trust.At the time of writing, you can buy $PEPU tokens for $0.00993. However this price will soon increase in the next presale round. The project has a supply cap of 8 billion tokens, with only 1.6 billion reserved for the presale.You can read Pepe Unchained’s whitepaper and join the platform’s Telegram channel to get the most recent updates.
2. Crypto All-Stars – Stake the World’s Best Meme Coins, Get a 3x APY Increase
A revolutionary cryptocurrency platform, Crypto All-Stars ($STARS) allows holders of the world’s best meme coins to stake all their holdings together. Through the ‘MemeVault,’ investors can stake top meme tokens such as Dogecoin, Shiba Inu, Floki Inu, and Pepe on the Crypto All-Stars ecosystem.
Staked token holders will be rewarded with $STARS, the native token of Crypto All-Stars. Furthermore, investors have the chance to triple their annual yield if they already hold $STARS tokens in their portfolio. Thus, by leveraging Web3 technology, Crypto All-Stars is creating a truly revolutionary staking mechanism.
On Crypto All-Stars, investors can also directly stake the $STARS token, and earn an annual yield of up to 720%. So far, more than 168 million $STARS tokens are staked on the platform. $STARS has a total supply of 42.069 billion tokens, of which 50% will be allocated through the MemeVault and staking rewards.
For the ongoing presale, Crypto All-Stars will distribute another 20% of the total supply. Currently, $STARS is priced at $0.0014828 per token. Within just a few days, the Crypto All-Stars presale has raised over $2.06 million. Stay tuned for more project updates by going through the Crypto All-Stars whitepaper and joining the Telegram channel.
3. Flockerz – Revolutionary Vote-to-Earn Meme Token
Flockerz ($FLOCK) is a unique meme token that rewards its token holders for participating in the decentralized autonomous organization (DAO).
On the DAO, all $FLOCK token holders can access voting rights to decide future platform proposals. The more one votes, the more $FLOCK tokens they can collect through this vote-to-earn mechanism.
In the long-term, 25% of the entire $FLOCK token supply will be allocated as rewards from the DAO Vault. Thus, Flockerz leverage Web3 tools to build community engagement, while promoting long-term holding.
On the platform, $FLOCK can also be staked to generate an annual yield of 3,842%. 25% of the token supply will be distributed through staking rewards.
Currently, $FLOCK is priced at just 0.0057012 per token. The presale has raised $493,000 in only a couple of months. To stay tuned for more project updates, go through the Flockerz whitepaper and join the Telegram channel.
4. Memebet Token – Native Token of a Meme Casino With Airdrop Rewards
Memebet Token ($MEMEBET) is a new Web3 coin to invest in that is part of the Memebet Casino. This unique casino where users can wager with their favorite meme coins like $PEPE and $DOGE provides a rewarding opportunity to $MEMEBET token holders right off the bat.
While many presales don’t allow you to claim your tokens while the presale lasts, Memebet will allow those who buy the $MEMEBET token on the Ethereum blockchain with ETH, USDT, or a card to claim their tokens and use them to wager on the Memebet Casino.
By betting with the casino’s native token, you will earn airdrop rewards. The more you play, the higher your reward. But that’s not the only use case of $MEMEBET. By holding the token, you unlock exclusive bonuses and VIP rewards. The presale has raised $382,000 so far, showing strong investor demand.
Check out the Memebet whitepaper to learn more. Also, follow Memebet on X and join their Telegram channel for the latest updates.
5. Shiba Shootout – Community-focused Meme Coin with High-yield “Cactus Staking” and Lottery Program
ShibaShootout ($SHIBASHOOT) is next on our list of the top Web 1.0 coins to buy. It’s built on the Ethereum network and has already raised over $1.19 million from early buyers.The meme coin has a Wild West theme, which makes it fun and different from typical meme coins. $SHIBASHOOT token holders can vote on decisions about the project. You can also earn more tokens by sharing stories on the platform.The platform currently offers everyone a fair chance to buy tokens in the presale stage. They’re selling 35% of all 2.2 billion tokens in the ongoing presale phase for a relatively low price. You can buy $SHIBASHOOT for just $0.0205 at press time.It’s worth noting that 20% of the token supply is set aside for staking rewards. You can earn over 793% APY through the ‘Cactus Staking’ option at the time of writing. Investors can make even more money by buying lottery tickets.Looking at the initial investor interest, many investors are quite optimistic about high returns at the time of exchange listings. To learn more, you can read their whitepaper and join its Telegram channel for updates.
6. Sponge V2 – Best Web3 Coin With 400% Staking APY And an Upcoming Play-to-Earn Game
follows the success of the popular Sponge V1 meme coin, which had a market cap of $100 million at its peak in 2023, returning 100x to early investors. Sponge V2 plans to outperform its predecessor by giving the token utility in an upcoming racing play-to-earn game.
Holders of Sponge V1 can stake their tokens on the Sponge V2 website to convert them to V2 tokens. Those who don’t have V1 tokens can buy them on the Sponge V2 website by connecting their Ethereum wallet and using ETH or USDT to make the purchase.
As soon as you get your tokens, stake them. There’s a generous staking APY of over as of this writing. This number will drop as more tokens are staked, but since 43% of the total token supply is dedicated to staking rewards, based on the Sponge V2 whitepaper, we could see a high APY for longer compared to other projects.
Currently, we are at stage one of the project where you can stake your tokens. Stage two marks the listing of Sponge V2 on major exchanges and enables the claiming of tokens. Stage three comes with the release of the play-to-earn game.
Follow Sponge V2 on X and join Sponge V2 on Telegram to get the latest information. You can also join Sponge V2 Discord.
7. Solana – Web 3.0 blockchain Offering High Throughput
A layer-1 blockchain, Solana (SOL), has been created to deploy smart contracts and support the creation of various decentralized finance (DeFi) protocols and decentralized applications (DApps). While Ethereum is a popular smart contracts platform with the most number of DApps, Solana’s network offers high-speed transactions at a low cost.
This blockchain network can conduct up to 65,000 transactions per second (TPS), with an average cost of just $0.00025 per transaction. Solana can offer such high speeds due to its unique algorithm – which combines Proof-of-Stake (PoS) with Proof-of-History (PoH).
After trading at $1 at the beginning of 2020, SOL reached an ATH of $260 in the same year, making it one of the fastest growing cryptocurrency assets in the year. As of October 2022, SOL corrected to $34 with a $12 billion market cap, but it’s back up to $113 as of February 2024.
8. Decentraland – Metaverse Real-Estate Project to Buy Now
Decentraland leverages Web3.0 protocols to offer participants a metaverse ecosystem where virtual real estate can be built, traded and purchased. Built on the Ethereum blockchain, Decentraland has implemented several NFT-based use cases for participants.
For example, Decentraland offers LAND – an NFT minted as an ERC 721 smart contract representing a digital land parcel. Over 90,000 unique LAND pieces on the ecosystem can be bought, sold and traded. Another NFT on the game is Estate, an ERC 721 smart contract comprising multiple LAND pieces.
These NFTs can be traded via MANA – the governance token of Decentraland. An ERC-20 token, MANA, is also used to govern the platform on the MANA DAO (decentralized autonomous organization). Players can stake MANA and participate in community-wide voting to maintain and secure the network.
With a current price of $0.518, MANA is the 75th largest cryptocurrency with a market cap of $980 million.
9. Ethereum – Top Smart Contract Protocol with $166 Billion Market Cap
Similar to Solana, Ethereum is an open-sourced and decentralized Layer-1 blockchain. Ethereum was one of the first blockchains to deploy smart contracts to support DApps creation by developers. The most widely used network, Ethereum, has more than 3,000 DApps built on its network.
One of the best web 3.0 coins, Ethereum supports multiple NFT marketplaces such as OpenSea – which offers the biggest NFT tokens like the Bored Ape Yacht Club collection. In 2022, Ethereum officially announced its switch from a Proof-of-Work (PoW) to a PoS consensus. This move is has enabled Ethereum to reduce gas fees and increase transaction speed.
After reaching an ATH of $4,900 in 2021, Ethereum has corrected to under $2,000 per token. However, ETH is gaining again and now sits at a price of $2,850. The token is the largest altcoin with a massive market cap of $357 billion.
10. Aurora Finance – Layer-1 Blockchain with Ethereum Bridge
Aurora Finance is a layer-1 blockchain and an Ethereum Virtual Machine (EVM) – a software developers leverage to create DApps, based on the Ethereum network.
Aurora Finance offers the Aurora Bridge – a tool which connects its network with the Ethereum blockchain. Thus, developers can access the Ethereum network to deploy DApps on the chain without paying the network’s high gas fees. Moreover, the bridge can be leveraged to transfer ERC 20 and ETH tokens between Aurora and Ethereum.
By providing more scalability to the Ethereum network, Aurora Finance has become a popular Web 3.0 blockchain project. AURORA, the native cryptocurrency, is used to settle transactions between the bridge. The token also gives users access to the AURORA DAO – the governance mechanism that promotes decentralized decision-making.
AURORA is trading at $0.27 with a market cap of $116 million.
11. Binance Coin – Binance’s Governance Token Running on BSC
Binance Coin is the native cryptocurrency of the Binance exchange – the biggest cryptocurrency exchange in terms of trading volume.
Originally built on the Ethereum chain, Binance Coin (BNB) is now trading on the Binance Smart Chain (BSC) – a highly scalable blockchain network that offers high throughput, smart contract deployment and faster transaction speeds. BSC is a project built to support the Binance exchange – which handles the buying and selling over 600 digital assets.
Leveraging BNB on the exchange, the token offers lower transaction costs and is used to govern the network. The BSC allows BNB to conduct up to 160 TPS – which is greater than Ethereum’s 17 transactions per second. BNB is the 4th largest token with a market cap of $53 billion and one of the best altcoins right now.
Binance Coin is trading at $2356 per token, with a circulating supply of nearly 150 million tokens.
12. Yearn.finance – Web 3.0 Protocol Offering Passive Income Opportunities
Yearn.finance (YFI) provides various decentralized finance products, which can be leveraged to access passive income via cryptocurrencies. Among the available DeFi products are yield generation, lending aggregation and receiving insurance on the Ethereum blockchain.
One of the platform’s main features is vaults – which are staking pools that work to provide returns depending on the market factors. Another DeFi protocol is ‘Earn’ – a lending aggregator that connects with decentralized exchanges like AAVE and Compound to exploit the best interest rates possible for users.
A deflationary token, YFI is the native cryptocurrency with a maximum supply of 36,666 tokens. Currently, YFI is trading at $7,900 per token.
What is Web 3.0 Crypto?
Web3.0 refers to the decentralized form of the internet. Initially, Web 1.0 was categorized as the beginning of internet technology which first introduced an online forum. Web 2.0 refers to the development of the internet with the introduction of peer-to-peer communication methods. Some of the best technology companies, including Apple, Meta, Amazon and Netflix, are a part of the Web 2.0 community.
However, Web 3.0 looks to make the internet decentralized and give individuals more autonomy. Web 2.0-based companies all act in a centralized manner – where a central authority controls what the consumer can and cannot control. Web 3.0 leverages blockchain technology to implement smart contracts, which can be used to offer decentralized finance products and protocols.
Web 3.0 cryptos offer DeFi initiatives by providing staking opportunities to allow multiple users to govern the networks, validate transactions and vote towards community-building projects. Thus, the main users of the platform have a say in controlling the network.
Is Web 3.0 Cryptocurrency a Good Investment?
Since investing in Web 3.0 cryptocurrencies can be promising but also highly speculative and risky, we will look at some of the pros and cons of investing in Web3 crypto in this section.
Potential Benefits of Investing in Web3 Crypto
Innovation and Growth Potential
Web 3.0 aims to create a more decentralized internet, which could revolutionize various industries including finance, supply chain, and digital identity. Projects focused on Web 3.0 often involve cutting-edge technologies like blockchain, smart contracts, and decentralized finance (DeFi), which have significant growth potential.
Different Earning Opportunities
With the growth of web 3.0 cryptocurrency projects, investors can earn crypto-based rewards in multiple ways. Platforms like Yearn.finance offer passive income-earning opportunities via lending aggregators, yield farming, and staking initiatives while GameFi cryptos let users access in-game tokens to participate in Web3 games and battle for cryptocurrency rewards.
Early Adoption Advantage:
Investing in Web 3.0 cryptocurrencies at an early stage could potentially yield high returns if these projects achieve mainstream adoption.
Diversification
Including Web 3.0 cryptocurrencies in your portfolio can provide diversification, as they often operate independently of traditional financial markets.
Decentralization
Web 3.0 cryptocurrencies are built around the concept of decentralization, with no need for third parties such as banks and financial institutions to get involved. Decentralized finance allows each individual to have complete control over their assets.
Automated Market Makers like Uniswap allow individuals to directly access liquidity by making them liquidity providers. Thus, funds can be accessed quickly and can be transferred and swapped at a rapid rate.
Potential Risks of Investing in Web3 Crypto
Volatility
Cryptocurrencies are known for their price volatility. Web 3.0 cryptocurrencies are no exception and can experience significant price swings.
Technological and Adoption Risks
Web 3.0 technologies are still in their early stages. There is a risk that they may not achieve the expected level of adoption or that better technologies may emerge.
Market Speculation
The value of many cryptocurrencies is driven by speculation rather than intrinsic value or utility, which can lead to bubbles and subsequent crashes.
What Influences the Price of Web 3.0 Coins?
Similar to other cryptocurrency assets, web 3.0 coins experience high levels of volatility. Before investing in Web3 coins, it is important to learn about the price movements and the main driving factors of this space.
The Adoption and Usage of dApps
The adoption and usage of decentralized applications (dApps) built on Web 3.0 platforms significantly influence the price of related cryptocurrencies. Increased dApp usage often translates to higher demand for the underlying cryptocurrency used to interact with these applications.
For example, Ethereum’s price is affected by the activity of dApps on its network, such as decentralized finance (DeFi) applications, NFTs, and gaming dApps. As more users and developers engage with these dApps, the demand for ETH (Ethereum’s native token) tends to increase, thereby potentially raising its price.
Level of Network Activity
Network activity, including the number of transactions, active addresses, and total value locked (TVL) in smart contracts, is a crucial factor. Higher network activity indicates greater utilization and can lead to higher transaction fees (in the form of gas fees), which benefits miners or validators and signals a healthy ecosystem.
For instance, Solana has seen price increases when its network activity spikes due to popular applications or partnerships that drive user engagement and transactions on the network.
Protocol Upgrades and Development
Significant protocol upgrades and ongoing development can also drive the price of Web 3.0 cryptocurrencies. Improvements that enhance scalability, security, or introduce new features can make the platform more attractive to users and developers, boosting its perceived value and utility.
For example, Ethereum’s London Hard Fork (EIP-1559) introduced a new fee structure aimed at making transaction fees more predictable and burning a portion of the transaction fees, effectively reducing the supply of ETH. This upgrade was met with positive market sentiment, and after its announcement and implementation, Ethereum’s price experienced a notable increase. Its Pectra Update, scheduled for Q4 of 2024, is expected to have a similar effect.
Macro Economic Factors
The price of Web 3.0 coins, like all financial assets, is influenced by broader macroeconomic factors. These factors can affect investor sentiment, capital flows, and overall market stability, thereby impacting the valuation of cryptocurrencies.
For example, during periods of expansive monetary policy (e.g., quantitative easing), there is often an increase in liquidity in the financial system. This increased liquidity can drive up the prices of assets, including Web 3.0 coins, as investors seek higher returns in alternative markets.
Additionally, periods of high inflation can erode the value of fiat currencies, leading investors to seek alternative stores of value. Cryptocurrencies, often perceived as a hedge against inflation, can attract more investment in such scenarios.
Conclusion
Web 3.0 cryptocurrencies implement decentralization via blockchain technology – allowing projects to offer various DeFi protocols, decentralized applications while providing more autonomy to users. Our top web3 project pick right now is Pepe Unchained. It’s a trending new meme coin with its own layer 2 blockchain and high staking APY.
Web3 Projects FAQs
What cryptos are Web 3.0?
Some of the popular web 3.0 cryptos include Pepe Unchained, and Crypto All-Stars. Cryptos like Ethereum deploy smart contracts to allow developers to build decentralized applications and network protocols.
How do you invest in Web 3.0?
There are various ways through which you can invest in Web3, including buying crypto, exploring decentralized finance (DeFi), and participating in Token Sales and Initial Coin Offerings (ICOs). Web3 is constantly evolving, with new projects and developments emerging regularly, so the best Web3 investment you can make is by educating yourself and staying up to date.
What is the best Web 3.0 crypto coin?
One of the best Web3 projects is Pepe Unchained. It offers its own layer-2 network and high staking APY.