10 Fastest Growing Cryptocurrencies in 2024
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Numerous crypto projects are added to the blockchain every day. Some are not only gaining traction but also showing remarkable potential. The key to this success often lies in offering real-world solutions and leveraging effective marketing strategies.
We scoured the market and found the fastest-growing cryptocurrency. These projects stand out due to their innovative approaches, strong community engagement, and impressive growth metrics.
Let’s delve into these top-performing cryptocurrencies and explore why they rapidly emerge as promising investment opportunities.
- 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
- 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
The Top Fastest Growing Cryptocurrencies Right Now
Our research has led us to conclude that the following cryptos have demonstrated tremendous growth:
- Pepe Unchained – Fastest growing meme token built on Ethereum’s L2 blockchain.
- Crypto All Stars – A platform uniting meme coin staking with exclusive presale rewards.
- Flockerz – A community-driven meme coin with a vote-to-earn mechanism.
- Memebet Token – First crypto for meme coin wagering with endless rewards.
- Shiba Shootout – Western-themed meme coin with community rewards and staking.
- Polygon – Ethereum-compatible network providing Layer-2 scaling solutions.
- Solana – Smart contract platform capable of handling 5,000-10,000 TPS.
- Decentraland – Leading metaverse ecosystem, gives access to a DAO.
- Ripple – An efficient cross-border payments solution partnering with banks.
- The Sandbox – Popular metaverse and asset-building cryptocurrency game.
Fastest Growing Crypto Reviews
Most traders looking for ways to make money with cryptocurrency will be on the hunt for the fastest growing cryptos in 2024. Now that we’ve listed the cryptos with the fastest growth, let’s get into their details to find out the mechanics behind the projects.
1. Pepe Unchained (PEPU) – Fastest Growing Ethereum Layer-2 in 2024
We have picked Pepe Unchained as the fastest growing meme token in 2024. Setting itself apart from other meme coins, Pepe Unchained stands out due to its robust network capabilities.
Pepe Unchained is built on Ethereum’s layer-two (L2) blockchain, which offloads transactions from the main chain. Thus, it reduces the load of the blockchain, which helps increase transaction speeds.
Furthermore, it reduces operational costs, allowing $PEPU token holders to generate high staking rewards. At press time, $PEPU can be staked to generate an APY (Annual percentage yield) of more than 800%. From a total supply of 8 billion tokens, 30% will be allocated as staking rewards. Another 20% of the supply is being allocated for the presale.
This quickly growing token has raised more than $2.2 million within a few weeks of the presale launch. Currently, $PEPU is priced at just $0.0082595 per token.
Learn more about this meme coin by going through the Pepe Unchained whitepaper and joining the Telegram channel.
| Presale Started | June 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Ethereum L2 |
| Min Investment | None |
| Max Investment | None |
2. Crypto All Stars (STARS) – The Ultimate Meme Coin Staking Platform
The Crypto All Stars ($STARS) platform is bringing the meme coin community together with its innovative MemeVault staking system. By holding $STARS tokens, users can stake top meme coins like Dogecoin, Shiba Inu, and Pepe, earning rewards based on the size of their stake. This staking system provides an additional layer of utility to meme coins, giving them more value beyond mere speculation.
The $STARS token is currently in presale, offering early investors the opportunity to secure their tokens at a discounted rate and start earning rewards. With a strong roadmap that includes exchange listings and platform upgrades, Crypto All Stars is positioning itself as a key player in the meme coin ecosystem.
Crypto All Stars offers users the chance to stake popular meme coins and earn rewards, adding value and utility to these tokens.
While early investors can buy $STARS at a discounted rate and earn staking rewards before the platform’s official launch.
Most importantly, it stands out with its focus on staking and rewards, bringing real value to meme coin enthusiasts and offering them a platform that goes beyond simple trading.
To find out more about the token, you can follow Crypto All Stars on X or join their Telegram community.
| Presale Started | August 2024 |
| Purchase Methods | ETH, USDT, or BNB |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
3. Flockerz (Flock) – High-APY Staking With Innovative Governance
Flockerz ($FLOCK) is quickly making a name for itself in the meme coin space with its community-driven governance. Through its decentralized autonomous organization (DAO), known as Flocktopia, $FLOCK holders, or “The Flock,” have a direct influence on the project’s future direction, making it a standout in the crowded meme coin market.
One of the key features driving interest in Flockerz is its staking rewards. During the presale, investors can purchase $FLOCK tokens at a discounted rate and stake them to earn substantial rewards with an APY of 3,842%.
The $FLOCK token has seen impressive early growth. Its strategic distribution plan includes 20% reserved for presale participants, 25% for staking rewards, and another 25% stored in the DAO Vault to emphasize collective decision-making.
This well-thought-out allocation and an ongoing marketing campaign have helped Flockerz quickly gain traction.
To stay updated on the latest developments, follow Flockerz on X, join their Telegram community, and explore the project’s whitepaper.
| Presale Started | September 2024 |
| Purchase Methods | ETH, USDT, or BNB |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
4. Memebet Token (MEMEBET) – Leading Meme Coin Casino With Staking Rewards and No-KYC Policy
As the first meme coin casino, Memebet Token is unique in offering a seamless experience for users looking to wager their favorite meme coins.
$MEMEBET is built on the Ethereum network, which allows it to leverage the security and efficiency of the blockchain. Users can stake their tokens to generate high staking rewards, while the platform itself offers exclusive wagering opportunities and community-driven rewards.
Early participants in the presale can benefit from gamified rewards and increased token value as the project grows.
The $MEMEBET presale has already raised a significant amount and is gaining momentum as it moves toward its full platform launch. This rapidly growing token is positioned for a strong upward trend as adoption increases.
To learn more about Memebet Token, check out the whitepaper, join their Telegram group, and stay updated on X.
| Presale Started | Septemeber 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
5. Shiba Shootout (SHIBASHOOT) – New Meme Coin Inspired by the Wild West, Get 793% Staking APY
ShibaShootout is a Shiba-themed meme project that is set in the world of the wild west. This meme coin is big on community, and offers plenty of rewards to its members.
Through the token governance roundups, $SHIBASHOOT token holders get to vote on key project decisions that can influence the future of this platform. Token holders can also stake their holdings on smart contracts – which currently offer an annual yield of over 2,000%.
$SHIBASHOOT can also be used to purchase tickets to enter into lotteries. While token holders can win big, ShibaShootout also promises to distribute a portion of the lottery collection for charitable initiatives. $SHIBASHOOT has a total supply of 2.2 billion tokens, out of which 35% are being distributed for the presale. In only a few months, the presale has raised more than $500K.
ShibaShootout will also allocate another 20% of its supply through staking pools. The lottery rewards, staking returns, and governance opportunities make ShibaShootout one of the fastest growing tokens in 2024.
Read the ShibaShootout whitepaper and join the Telegram channel for more information.
| Presale Started | April 2024 |
| Purchase Methods | ETH, USDT, BNB, Card |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
6. Polygon (MATIC) – Ethereum-compatible Network Providing Layer-2 Solution
Polygon’s platform connects Ethereum-compatible blockchain networks. Its key function solves problems regarding slow speeds and high gas fees, which many crypto projects have experienced.
The appealing factor of Polygon is that it solves the speed and fees issues many blockchain users experience without compromising security. The project’s founders built Polygon on top of the Ethereum blockchain, enabling it to process Ethereum-based transactions while offering scalability.
Polygon’s transactions are processed faster because it functions on a separate blockchain. And the best part is that Polygon’s transactions are cheaper than Ethereum’s.
One of the key reasons for this project’s adoption growth is the ability of developers to create decentralized applications. Polygon’s platform is also used for NFT launches and several big corporations have launched NFT collections and Web 3.0 projects on the Polygon network.
Wondering where to buy MATIC in 2024? The best crypto apps offer the most popular digital assets as well as a secure crypto wallet.
7. Solana (SOL) – Smart Contract Platform Offering High Transaction Speeds
Solana is possibly the fastest growing crypto coin, having provided early investors with more than 20,000% returns. SOL’s hype isn’t merely based off celebrity endorsement, but the token solves a massive problem.
It provides high transaction speeds at a low cost. Investors use SOL to pay transaction fees on the network and enjoy smart contracts. Solana is an ever-expanding project, as it aims to improve blockchain scalability.
By using proof-of-stake and proof-of-history technology. Solana plans to develop its network to process more than 60,000 transactions per second. The fees for using Solana’s network are mere pennies.
Investors who buy Bitcoin can incur fees of more than $50 and wait several hours for the transfer to reflect, depending on network usage and other factors.
The key advantage of using Solana is that investors enjoy fast, affordable and scalable transactions.
8. Decentraland (MANA) – Metaverse Gaming Platform with DAO Governance
Decentraland’s mission was to build the first ever virtual world owned by its users. Joining this game enables players to explore LANDs, divided into 90,000 parcels, to traverse through fascinating scenery and structures.
Players build up their lands as they please, and some of the interesting infrastructure found in Decentraland are medieval dungeon mazes and villages.
The game enables players to acquire more land with the platform’s native token, MANA. Players can also use the builder tool to create scenes, artworks and challenges – even charging a fee for other players to enter.
A key attraction of this NFT game is that a Decentralized Autonomous Organization (DAO) governs its policies, stipulating how the platform functions, and the demand for Decentraland’s parcels increased drastically in 2021.
It appears that the demand and growth of this platform are set to continue in 2023, where Decentraland has announced partnerships with big corporations, enabling them to purchase digital land and advertise their brand.
9. Ripple (XRP)- Efficient Cross-Border Payments Solution Partnering with Banks
Ripple is a fintech company based in San Francisco, determined to provide effective payment solutions to users globally. XRP, its native token, was designed to help people receive money efficiently and at a low cost.
It has managed to provide both, as XRP transactions take mere seconds to reflect on the other side of the world and cost pennies. Ripple’s goal of enabling peer-to-peer transacting has been achieved, but it has its sights on massive corporations.
Although Ripple’s community, referred to as the XRP Army, has a large influence on the coin’s price movement, it’s the partnership with banks that increased adoption. Numerous Asian banks and payment providers have partnered with Ripple to use XRP as a means to send large blocks of transactions across the world at a minimal cost – XRP’s price has proven to react favorably to Ripple’s partnerships.
The hindrance in XRP’s price has been Ripple’s ongoing lawsuit with the SEC – the US Securities and Exchange Commission is suing Ripple for sales of unregistered securities and has claimed that XRP is a security.
But XRP’s support from the army has led to a significant price pump, resulting in more than 1,300% returns for investors who bought the coin in March 2020 and held it until April 2021. That rally proved even a lawsuit cannot prevent XRP’s price from pumping.
10. The Sandbox (SAND) – Asset-Building Game with Expanding User Base
Another Metaverse game that has made a lot of noise with the NFT community is The Sandbox. This crypto game enables players to monetize their piece of LAND and use avatars to turn their NFT collection into a life-like form.
Owning LAND enables players to build experiences, host events and invite friends and they can also increase the value of their land by adding infrastructure and then selling it for profit. Players need to own $SAND, the game’s token, to buy and sell assets and land in the Metaverse.
The Sandbox’s user base grew significantly in 2021, with a wallet database reaching 500,000 and several thousand users spending more than an hour in The Sandbox, developing their land.
Another key development has been this game’s partnership with big brands, making it a key crypto to watch in the future.
Some of the artists The Sandbox teamed up with are Snoop Dogg, DJ Richie Hawtin and Deadmau5. Another collaboration is with Adidas, which bought a piece of land on the platform to promote its brand.
How to Find the Fastest Growing Cryptocurrency
Research Market Trends
Start by researching current market trends and recent developments in the cryptocurrency space. Keep an eye on industry news, social media platforms, and cryptocurrency forums to identify emerging trends and potential investment opportunities. Look for cryptocurrencies that are gaining traction due to innovative technology, partnerships, or adoption by mainstream institutions.
Analyze Performance Metrics
Analyze performance metrics such as price movement, trading volume, market capitalization, and volatility of various cryptocurrencies. Use cryptocurrency tracking websites and platforms to compare the performance of different cryptocurrencies over different time periods. Look for cryptocurrencies with consistent growth patterns and increasing market demand.
Evaluate Fundamentals
Evaluate the fundamentals of the cryptocurrencies you’re interested in, including the technology behind them, the team of developers, the project’s roadmap, and its use case. Conduct thorough research to understand the problem the cryptocurrency aims to solve and assess its potential for long-term growth. Look for cryptocurrencies with strong fundamentals and a clear value proposition.
Assess Market Sentiment
Pay attention to market sentiment and investor behavior to gauge the potential for growth in a particular cryptocurrency. Monitor social media channels, cryptocurrency communities, and sentiment analysis tools to understand the prevailing sentiment towards different cryptocurrencies. Positive sentiment and growing investor interest can indicate potential for rapid growth.
Diversify Your Portfolio
Once you’ve identified potential fast-growing cryptocurrencies, consider diversifying your investment portfolio to manage risk. Invest in a mix of established cryptocurrencies and promising newcomers to spread your risk and maximize potential returns. Set clear investment goals and risk management strategies to ensure a balanced portfolio that aligns with your investment objectives and risk tolerance.
Methodology – How We Ranked the Fastest-Growing Cryptos
We ranked the fastest-growing cryptocurrencies based on the following methodology. By assigning weightings to each factor, we prioritized and focused on cryptocurrencies that scored higher based on the following criteria.
Biggest Growth in Last Week – 25%
Changes in the crypto sphere happen quickly, and what was true last week may not necessarily be so this week. We analyzed the percentage increase in price over the last week for each cryptocurrency. We gave higher weightage to cryptocurrencies that had experienced significant growth in a short period.
Surging Popularity on Social Media – 20%
We monitored social media platforms such as Twitter, Reddit, and Telegram for mentions, discussions, and sentiments surrounding different cryptocurrencies, giving preference to cryptocurrencies that were gaining traction and attention on social media platforms.
Upcoming Price Catalysts – 20%
We identified potential upcoming events or developments that could serve as catalysts for price appreciation. We considered factors such as project updates, partnerships, protocol upgrades, or listing on major exchanges.
Current Market Trends – 20%
We researched current market trends and developments in the cryptocurrency space. We assessed factors such as overall market sentiment, adoption by institutions, regulatory developments, and macroeconomic trends.
Circulating Supply – 15%
We evaluated the circulating supply of each cryptocurrency. Cryptocurrencies with lower circulating supply were given higher preference, since they may be more prone to price appreciation due to scarcity.
Conclusion
We’ve highlighted the key criteria for selecting the fastest-growing cryptocurrencies, and we applied them to all the cryptos featured in this guide.
One of the fastest-growing cryptos is Pepe Unchained. This is a hot new Pepe-themed meme token that is built on Ethereum’s L2 blockchain. $PEPU offers high staking rewards to token holders. The Pepe Unchained presale has raised over $18.2 million in a few weeks.
Fastest Growing Crypto FAQs
What qualifies as fast-growing crypto?
Cryptocurrencies that have experienced tremendous growth by raising large amounts of money during early funding, significant increases in wallet userbase, massive coin price spikes and transaction increases would make a crypto fast growing.
Which crypto is the fastest growing this year?
Pepe Unchained is the fastest growing crypto in 2024. It offers a high staking yield and has enormous meme potential.
How do I know which cryptos will grow fast?
A good indication of a crypto coin that may grow fast is usually evidenced in its presale – Pepe Unchained is a clear example of investors flocking to a presale.
What cryptocurrency on Coinbase is the fastest growing?
Several cryptocurrencies have provided massive returns for investors such as Bitcoin and Cardano. Solana is another coin that had a huge rally.
References
- FTSE Grayscale Currencies Crypto Sector Index – LSEG.com
- Rebuilding confidence in crypto – PwC.com
- Blockchain & Digital Assets – Deloitte US
About Cryptonews
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