16 Upcoming ICOs List in 2024 – New ICO Crypto
An initial coin offering (ICO) is when a token is first launched for public sale. ICOs give investors to buy assets at the lowest prices, so canny investors will start hunting for upcoming ICOs right after the presale period.
With ICOs, as with presales, there is more risk than purchasing established coins as the projects are typically in the building stage and despite their high potential have no proven utility. However, they typically offer much higher potential for growth and returns and are attractive to investors for those same reasons.
We compiled an upcoming ICO list and detailed each project’s features and benefits. Let’s find out more about how investors can potentially earn from new crypto ICOs and what they entail.
- First truly multi-chain Doge token, promising interoperability across major blockchains
- Easy to buy and claim $DOGEVERSE tokens during presale phase
- Could be the next Doge-inspired coin to explode ahead of Doge Day
ETH
usdt
- Brand new South Park-inspired seal-themed SOL meme coin
- Ideal coin to buy in presale ahead of the expected summer meme coin frenzy
- Thought to be by the team that was also behind the viral SLERF coin
Solana
- Infinitely upgradeable AI meme coin, with modular technological capabilities.
- Huge staking rewards available everyday during presale.
- Presale price rises every two days - buy now to benefit from best price before listing.
- ETH
- usdt
- First of its kind daily rewards based on the performance of Mega Dice Casino
- $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
- $2,250,000+ USD airdrop for casino players
- Solana
- ETH
bnb
- Learn-to-Earn platform that rewards users for learning about crypto
- Stake $99BTC tokens in secure smart contract to earn passive rewards
- Get the edge in fast-moving markets with expert crypto trading signals
- ETH
- usdt
Bank Card- +1 more
- Innovatives VR & AR Gaming Project
- Aiming to Raise $15M Across 12 Rounds
- Token Holders Get Lifetime Access to VR Content
- ETH
- usdt
- Bank Card
- 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
- Buy and hold $SMOG to generate and earn airdrop points
- 35% of supply reserved for future airdrop rewards
- Viral potential after pumping over 1000%
- usdt
- Solana
- Native BSC token
- Audited by Coinsult
- Long-term rewards for holders
- bnb
- usdt
- Bank Card
- Access to huge fee revenue through staking
- 50% of 10bn token supply available at presale stage
- 85% of fees go back to the community
- usdt
- bnb
- ETH
- New meme coin offering an immersive experience via high-stakes battles
- Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
- Token holders can cast votes on key project decisions and try their luck in the 'Lucky Lasso Lotteries'
- ETH
- usdt
- bnb
- 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
- Innovative AI crypto casino offering staking, airdrops and custom games
- $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
- Offers daily staking rewards, hype NFTs and is fully audited by Certik
- bnb
- ETH
- usdt
List of Upcoming ICOs in 2024
Let’s have a quick look at the top list of upcoming ICOs before we take a deep dive into each project with a more detailed review.
- Dogeverse (DOGEVERSE) – Overall best multi-chain meme coin ICO. $9M raised.
- Sealana (SEAL) – New Solana-based meme coin. Nearly $150K raised on presale.
- WienerAI (WAI) – New ICO of a dog-themed AI meme coin, offering lucrative staking rewards
- Mega Dice Token (DICE) – New crypto ICO fueling a crypto casino. Get daily bonuses.
- 99Bitcoins – Learn-to-earn crypto offers huge staking APYs. $100K raised in hours.
- 5th Scape (5SCAPE) – One of the best upcoming ICO projects that combines VR with blockchain.
- Sponge V2 (SPONGE) – An upgraded version of the Sponge Token featuring P2E gaming.
- Smog (SMOG) – Recent ICO with a massive airdrop campaign and a staking APY of 42%.
- eTukTuk (TUK) – This multi-utility crypto token can be used by tuk-tuk drivers to charge EVs.
- Slothana – Solana-based meme coin, over $15 million raised through the presale.
- InsanityBets (IBET) – Become the house and earn 90% of all wins and losses, with this crypto casino.
- Shiba Shootout (SHIBASHOOT) – Latest ICO of a shiba-themed meme coin offering multiple utility features.
- Lingo (LINGO) – Hold LINGO, earn loyalty points and redeem your points for real world rewards.
- ScapesMania (MANIA) – A new crypto ICO that lets crypto enthusiasts benefit from the gaming industry.
- Blockbets – Utility rich GambleFi platform offering profit sharing rewards through staking.
- Healix (HLX) – New crypto token decentralizing the healthcare space using artificial intelligence.
Best Upcoming ICOs Reviewed – A Closer Look
Now that we’ve identified crypto projects with upcoming ICOs, let’s find out exactly what they offer and how investors could potentially benefit.
1. Dogeverse (DOGEVERSE) – Best Multi-Chain Meme Coin ICO, Over $9M Raised
Dogeverse ($DOGEVERSE) is the top new cryptocurrency ICO to watch in 2024. This is the first ever Doge-themed meme coin that offers multi-chain compatibility.
The $DOGEVERSE token is compatible with six blockchains – namely Ethereum, Binance, Solana, Avalanche, Polygon, and Base. It uses Portal Bridge and Wormhole technology to offer multi-chain integration.
Therefore, token holders can connect with the top blockchains offering the lowest costs and highest speeds. The $DOGEVERSE token has a total supply of 200 billion, of which 30 billion are available for the ongoing ICO.
At press time, $DOGEVERSE is priced at just $0.0003 per token. In only a few weeks, this successful ICO has raised more than $9 million. The hard cap target is set at $17 million. Another 10% of the supply will be allocated as staking rewards.
Token holders can stake $DOGEVERSE on a secure smart contract and earn 118% APYs (Annual Percentage Yields).
Once the ICO concludes, another 5% of the supply will be released through exchange listings. Stay tuned for further project updates by reading the Dogeverse whitepaper and joining the Telegram channel.
| Presale Started | April 2024 |
| Purchase Methods | ETH, USDT, Card |
| Chain | Ethereum, Binance, Polygon, Solana, Avalanche, Base |
| Min Investment | None |
| Max Investment | None |
2. Sealana (SEAL) – New Meme Coin Built on Solana, Raised $150K since ICO Launch
Sealana ($SEAL) is a new meme cryptocurrency, built on the Solana blockchain. $SEAL, the native token, is available to purchase through the newly launched ICO campaign.
The story of Sealana follows an obese and lazy American Redneck seal. He decides to embark on the world of trading digital assets, hoping to collect all the riches in the world and finally move out of his mom’s basement.
The character has been inspired from the South Park character, World of Warcraft Guy. This meme coin may not offer any utility, but is fueled with laughter and humor. Sealana is taking advantage of the recent Solana meme coin bull run – with new tokens such as Solama and Popcat generating huge returns.
To join the Sealana ICO, investors can transfer SOL tokens to this crypto wallet address – DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.
Tokens will automatically be deposited into your crypto wallets, after the transfer is processed. 1 SOL will get you 6,900 $SEAL tokens through the ongoing ICO round. In only a few days, the ICO has raised nearly $150K.
Stay tuned for more project updates by joining the Sealana Telegram channel and following Sealana on X (Formerly Twitter).
| Presale Started | May 2024 |
| Purchase Methods | SOL |
| Chain | Solana |
| Min Investment | None |
| Max Investment | None |
3. WienerAI ($WAI) – Latest Dog-Themed AI ICO with Lucrative Staking Rewards
WienerAI ($WAI) has emerged as the latest dog-theme sensations in the meme coin market. A vital attraction for WienerAI is its AI aesthetics, distinguishing it from traditional meme coins in the market.
Since launching its ICO, WienerAI has been causing waves across the crypto town. Its ability to raise over $200k within a few days showcases investors’ optimism in the potential of the token to record instant market success. Participate in the ICO today to avoid missing out on what has been tipped as the next big thing in the meme coin world. Presently, $WAI is available for as low as $0.00030.
With 30% of the token’s supply available for grabs, investors have been given enough opportunity to move on early. Missing out on this huge opportunity means you will have to pay more to buy the token when it lands on exchanges.
Beyond its potential to yield market gains, this ICO crypto also supports staking. This aspect of the project provides holders with another opportunity to make gains through $WAI.
That said, considering the real buzz surrounding the ICO, it won’t be surprising to see it record millions in early investments in the next few days. To buy $WAI, visit the website of the project through the affiliate link provided below.
| Presale Started | April 2024 |
| Purchase Methods | ETH, USDT, BNB, MATIC |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
4. Mega Dice Token ($DICE) – Native Token of a Crypto Casino, Get NFTs and Early Bird ICO Bonuses
Mega Dice Token ($DICE) is a new cryptocurrency powering the Mega Dice Casino. Through the recently launched ICO campaign, interested investors can purchase $DICE for just $0.069 per token.
The native token will offer several benefits across Mega Dice’s gaming ecosystem. Firstly, you can earn exclusive access to new games, features, and promotional events. $DICE can be staked across three staking pools to generate passive income.
Token stakers also receive daily bonuses in the gaming ecosystem, depending on their past performance in the casino. From a total supply of 420 million tokens, 147 million are being allocated for the ICO. Mega Dice Token promises Early Bird $DICE token bonuses to early investors of the ICO.
Through a Casino $DICE pool, 10% of the supply will be distributed as rewards. Early ICO investors can also stand a chance to win from a $2.25 million airdrop prize pool. Mega Dice Token will reward specific token holders with limited-edition NFTs, that can be traded on the ecosystem.
In only a few days since the ICO launch, Mega Dice Token has raised more than $420K. For more information, read the Mega Dice Token whitepaper and join the Telegram channel.
| Presale Started | April 2024 |
| Purchase Methods | SOL, ETH, BNB |
| Chain | Solana |
| Min Investment | None |
| Max Investment | None |
5. 99Bitcoins – Learn2Earn Crypto Has Recently Launched on Presale, Access Staking Yields and Trading Signals
99Bitcoins ($99BTC) is an established crypto-learning platform that has been around for nearly a decade. This year, 99Bitcoins has tokenized into a learn-to-earn crypto platform, offering staking rewards, community benefits, and access to trading signals.
$99BTC, the native token of 99Bitcoins, has recently launched its presale campaign. From a total supply of 99 billion, 14.85 billion tokens are being allocated through the presale. Token holders can access VIP groups and expert trading signals, keeping you ahead of the fast-moving markets.
As a holder, you’ll get access to a curriculum of basic and advanced crypto-learning modules. You’ll earn crypto token rewards by making your way through the curriculum, completing assessments, and filling out quizzes.
Those looking for regular income can stake $99BTC on the secure smart contract. At the time of writing, 99Bitcoins offers more than 70,000 APYs (Annual Percentage Yields). For all these reasons, 99Bitcoins has benefitted from a strong presale launch, with nearly $800K raised already.
99Bitcoins aims to raise a hard cap of $11 million by the end of the presale. Learn more about this crypto presale by reading the 99Bitcoins whitepaper and joining the Telegram channel.
| Purchase Methods | ETH, USDT, BNB, Card |
| Chain | Ethereum (Will bridge to Bitcoin) |
| Min Investment | None |
| Max Investment | None |
6. 5th Scape (5SCAPE) – Top ICO Merging Virtual Reality and Blockchain Technology
The 5th Scape ICO is one of the most popular in 2024 as it mixes virtual reality technology and crypto. The team will offer VR games, VR headset and a VR-focused chair, while the ecosystem will be powered by the native token 5SCAPE, which you can only get in a presale as of this writing.
Visit the 5th Scape website and connect your Ethereum wallet. Use ETH or USDT coins to complete the purchase. Note, there will be 12 presale rounds. Every round will have a different token price. The first round will have the lowest price of $0.00187 price apiece, while the final round will charge $0.0087 per token, making a 365% difference during the presale alone. This makes it potentially prudent to buy as early as possible, especially if you want to participate in the project anyway.
The tokens will be locked during the presale. Only 40% will be unlocked once the presale ends, while the remaining tokens will have a vesting period, based on the 5th Scape whitepaper.
Follow 5th Scape on X and join the 5th Scape Telegram channel for more information. Also, join the 5th Scape Discord if you want to engage with the community.
7. Sponge V2 (SPONGE) – New Token Version of a Popular Meme Coin
Sponge V2 is a hot new upgrade of the $SPONGE meme coin, which previously witnessed an explosive 100x growth.
This new update aims to capitalize on the original’s success while introducing a new Stake-to-Bridge mechanism and a Play-to-Earn (P2E) game, aiming for major crypto exchanges like Binance and OKX for broader market penetration.
Sponge V2 offers a user-centric Stake-to-Bridge model, allowing holders of the original $SPONGE to transition their holdings into V2 tokens.
This process involves staking V1 tokens, which are then locked and transitioned into V2 tokens. The mechanism is designed to reinforce the token’s value and holder commitment over a long period, offering rewards for the next four years.
To increase utility and user engagement, Sponge V2 is integrating a new P2E gaming feature, allowing participants to earn $SPONGEV2 tokens through interactive gameplay.
With a solid community base of over 30,000 members and over 11,500 token holders, Sponge V2 will leverage this foundation to create broader adoption and engagement.
Sponge V2 has a total capped supply of 150 billion tokens, with a massive portion allocated to staking rewards and the P2E gaming ecosystem.
This strategic allocation is designed to incentivize participation and long-term holding, improving the utility and demand for the tokens.
This project offers a unique opportunity for investors to double their holdings through the initial staking mechanism, coupled with additional bonuses for early adopters.
This feature is particularly attractive to those looking to capitalize on the potential growth trajectory of Sponge V2.
To keep up with the latest developments, including exchange listings and the roll-out of the Play-to-Earn game, potential investors can follow Sponge on social media platforms such as X (Twitter) and join its Telegram channel.
| Presale Started | Dec 2023 |
| Purchase Methods | ETH, USDT, Card |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
8. Smog (SMOG) – Overall Best New Ico Crypto With High Staking Rewards
Smog ($SMOG) is notable ICO that launched on the Jupiter DEX on February 7, 2024, rapidly gaining investor traction. It saw a massive increase in market cap, jumping from $2 million to over $65 million in just a week.
This growth mirrors the success of other meme coins like Bonk and Dogwifhat. Smog’s recent growth is largely fueled by its “Greatest SOL Airdrop” campaign, which aims to give out 490 million of its 1.4 billion total supply to increase community involvement.
Many investors are drawn to Smog for its appealing staking options, with an APY of up to 42% and the opportunity to gain additional airdrop rewards for holding and staking the tokens.
This combination of benefits makes Smog an attractive asset for those looking for high returns, making it one of the most exciting upcoming ICOs.
Smog has set aside 50% of its supply to marketing to ensure broad adoption and visibility in the market. Its fair launch approach plans for cross-chain accessibility, and additional exchange listings are strategies to improve its liquidity and ease of access for investors.
Those interested in Smog’s potential and latest updates can read the whitepaper, enter Smog’s official Telegram channel, and follow it on X (Twitter).
9. eTukTuk (TUK) – Best ICO with a Social Purpose
eTukTuk (TUK) is helping TukTuk drivers in developing countries make the switch from internal combustion engines (ICEs) to zero-emission vehicles (ZEVs). The platform is doing it by setting up charging stations where payments can be made with $TUK, the native cryptocurrency.
The platform will allocate territories in various developing countries to set up electric vehicle supply equipment (EVSEs). Once the EV charging stations are launched, they will be compatible with ZEVs. Currently, more than 270 million TukTuks are running use ICEs, which contribute to huge air pollution and use fossil fuels.
According to eTukTuk, its energy-efficient network will help reduce the fees for TukTuk drivers by 75%. The Binance Smart Chain can process a high number of transactions and charges a small amount per transaction. Thus, TukTuk drivers will be able to take home approximately 400% more by using this network. But does $TUK have what it takes to be the best BSC ICO in 2024?
Territory partners will also be leveraged to locally operate and install EVSEs in various countries. They will be paid a percentage of each transaction that drivers make on the ecosystem. Token holders can earn an APY (Annual Percentage Yield) by staking $TUK tokens.
Currently, $TUK is priced at $0.026 during the ongoing presale round. Since the start of the presale, eTukTuk has raised more than $560K.
Go through the eTukTuk whitepaper and join the Telegram channel to get more updates on this new cryptocurrency.
10. Slothana – SOL Meme Coin That Raised Over $15 Million in Unique Presale
Slothana ($SLOTH) is a new Solana-based meme cryptocurrency that launched its presale event in March and has since raised over $15m thanks to its unique campaign.
Tokens are not being distributed across multiple rounds. Instead, investors can send $SOL tokens to Slothana’s wallet address (EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA) and receive $SLOTH airdrops.
Inspired by other popular SOL-based projects like $SMERF, Slothana features a fed-up office Sloth as its central figure. Sick of the 9-5 grind, the sloth has decided to head all out in cryptocurrency trading, looking to amass massive profits.
Since $SLOTH is still available to purchase during the presale, early investors could potentially earn huge returns before the coin lists on centralized exchanges.
Since the start of the presale, Slothana has raised over $15 million. For more project updates, follow Slothana on X (Formerly Twitter).
| Presale Started | March 2024 |
| Purchase Methods | SOL |
| Chain | Solana |
| Min Investment | None |
| Max Investment | None |
11. InsanityBets (IBET) – New CasinoFi Crypto, Where Token Holders Earn High Yields
The next top cryptocurrency ICO is $IBET, the native token of InsanityBets. This is a decentralized gambling platform that uses its native token to provide staking yields, and casino bonuses.
$IBET has a total supply of 5 billion tokens. 50% of the supply is being distributed through the ongoing ICO round. At the time of writing, $IBET is priced at $0.0015 during the second round of the ICO. Post the ICO, $IBET will conduct its initial exchange offering.
This crypto token can be staked on InsanityBets to earn high yields. 35% of all trading fees generated on the casino will be given back to staked token holders. While 50% will be given back to those that burn tokens on the ecosystem.
By staking a certain number of tokens on InsanityBets, you can get discounts on withdrawal and winning fees. Staked holders also get early access to casino games. InsanityBets is a unique crypto casino, as it lets you become the house by holding $ILP, a new mechanism.
These tokens can be minted by depositing USDT, BTC, and other cryptos on InsanityBets. $ILP is used as the house fund for 90% of all wins and losses. Learn more about this new project by reading the InsanityBets whitepaper and joining the Telegram channel.
| Token Symbol | IBET |
| Presale Supply | 5 Billion |
| Token Type | ERC-20 |
| Payment Method | Sign up for more details |
| Listing Price | $0.0180 |
12. Shiba Shootout ($SHIBASHOOT) – Latest Shiba-themed Coin offering multiple utility features
Shiba Shootout ($SHIBASHOOT) has finally made its way into the lineup of the most-talked-about upcoming ICOs in the crypto sphere. Drawing inspiration from the Wild-West setting and featuring characters like Marshal Shiba and the Shiba Sharpshooters as its backdrop, Shiba Shootout has quickly captured the attention of the meme coin community.
With its ICO, Shiba Shootout is providing early birds with an opportunity to gain quick exposure to the token. Beyond its meme coin allure, Shiba Shootout features a decent lineup of exclusive programs to provide community members with ultimate experiences.
One standout feature of this top ICO token is described in its whitepaper as “Lucky Lasso Lottery.” With this aspect of the project, community members can purchase tickets using their Shiba Shootout tokens to access exclusive offerings and win amazing crypto prizes. Its plan to donate the proceeds of the lottery program to charitable initiatives further enhances its appeal.
Another key attraction for this project is its “Campfire Stories” program, bringing together community members to casually share their crypto and meme coin experiences in a story format. Members with entertaining stories will receive Shiba Shootout tokens as rewards.
Finally, considering Shiba Shootout’s engaging utility ideas, strategic roadmap, balanced tokenomics, and meme coin aesthetics, it has the potential to yield huge returns when it lands on exchanges. Therefore, investors are better off participating in the ICO before it is too late.
| Presale Started | April 2024 |
| Purchase Methods | ETH, USDT, BNB, CARD |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
13. Lingo ($LINGO) – Hold Your Tokens to Earn Real World Rewards
Lingo ($LINGO) is one of the rare crypto projects that provides real world rewards to holders. The way it works is you buy $LINGO and hold it to earn loyalty points. Redeem your points for rewards like coffee, tickets, shopping or vacations.
To make the rewards sustainable, Lingo has programmed a fee of 2.5% on every transaction made with the token. The team uses the collected fees to purchase real estate in Dubai, Paris, London and Miami. There’s also rental income from the real estate that will benefit the whole Lingo ecosystem. In the future, the Lingo DAO will vote on which property to acquire, giving more value to token holders, as noted in the Lingo litepaper.
The $LINGO token hasn’t launched yet. There are over 150,000 users on a waiting list for a whitelisting campaign that will launch soon, which will give early access to the $LINGO ICO with a guaranteed token allocation and a discount on the token price.
This is an ERC20 token deployed on the Polygon blockchain, meaning transaction fees are lower compared to using the base Ethereum layer. For now, this will be a utility token, which will grow into a governance token in the future. Make sure to follow Lingo on X to get notifications on the upcoming airdrops and other campaigns.
14. ScapesMania ($MANIA) – Best Casual Gaming ICO
ScapesMania is an upcoming ICO bridging the gap between enthusiasts and casual gamers, offering an engaging gameplay experience.
The project recognizes the play-to-earn model’s challenges, from a rapidly declining user base to waning transaction volumes. ScapesMania sidesteps these issues by not being strictly play-to-earn; it combines the fun aspects of casual gaming with the economic benefits of blockchain.
Currently on presale, its native token, $MANIA, is selling out for $0.002. However, this price will rise to $0.003 in the next stage. Moreover, the platform also offers a bonus of up to 25% on $MANIA purchases. 30% of the total 4 billion tokens are allocated for the presale phase.
The game concept of ScapesMania is appealing. Players own a plot of land, decorate their homes, participate in contests, and interact with a vibrant community. The game offers a combination of land customization, mini-games, story progression, reputation building, and regular events.
As per the ScapesMania whitepaper, the essence of the platform lies in its two-tier audience approach. Web3 enthusiasts can participate in the project’s development through DAO governance and benefit from token buyback and burn events.
Users can enter the ScapesMania announcements Telegram group to get the latest news on the project’s upcoming events.
15. Blockbets – Popular GambleFi Platform Featuring Profit Sharing Staking Mechanism
Blockbets is the latest online gambling platform to totally rewrite the crypto gaming book. By offering presale investors a chance to earn a share of the profits, Blockbets is proving to be a massive hit among crypto ICO hunters.
The idea is simple. Once you have purchased your $BBETS tokens, all you have to do is stake the tokens to be in with a chance of earning a share of the platform’s profit. The more you stake the more you earn with those staking more than 10,000 tokens able to claim 100% of the profit share.
What’s more, by investing in the $BBETS token you also access a cool range of features such as liquidity farming, governance voting, and rakeback options as well as exclusive access to the private Discord server giving you direct access to the project founders.
As you might imagine the project is selling out fast so it pays to buy your tokens early. For more information about Blockbets, head over to the official website, download and read the whitepaper. To keep up to date on all the latest news and product updates you should follow the project on X and join the exclusive Telegram channel.
16. Healix (HLX) – Innovative Crypto Decentralizing the Healthcare Space, $100K Raised on ICO
Healix ($HLX) is revolutionizing the healthcare industry by leveraging blockchain technology and artificial intelligence. Using $HLX, the native token, Healix offers premium access to a number of healthcare-related services.
Through the staking mechanism, $HLX can be staked to earn a range of benefits. The exact rewards vary depending on your staking tiers. For instance, the highest tier offers 10% cashback on payments made using $HLX on the ecosystem.
You also get a 15% discount on Healix platform services – such as the AI generative models, consultation services, and nutritional supplements. Staked token holders get exclusive access to merchandise such as Smart Rings and a personalized health concierge.
Token holders can also complete face scans, which Healix supports by leveraging AI generative models and techniques. One can ask medical-related questions on Healix’s chatbot feature as well. Due to the multiple use cases Healix offers, the $HLX token has been soaring since its ICO launch.
In only a few weeks, the ICO has raised more than $100K. Currently, $HLX is priced at $0.03 per token. For the ICO, Healix is allocating 10% of its 1 billion token supply. For more information, read the Healix whitepaper and join the Telegram channel.
What is an ICO?
An ICO is an acronym for Initial Coin Offering and is similar to when companies go public and offer shares during Initial Public Offerings (IPO) – the key difference is that crypto projects offer digital tokens instead of shares to raise capital.
During ICOs, investors who didn’t buy during the presale phase of a project will try to obtain the next-best prices of cryptos. Upcoming ICOs in 2024 need to solve a real-world problem for the project to convince investors it’s a worthwhile investment.
The Mechanics of ICOs
New ICOs for 2024 are available on numerous exchanges thanks to the increased adoption of blockchain technologies and crypto tokens. But how exactly do ICOs work?
ICOs occur on centralized exchanges, and the coin is listed once sufficient liquidity is reached. Even before that, long term crypto projects decide on how to structure the coin.
- Preset price and fixed supply: The project determines a preset price for the token and limits the supply.
- Variable price and fixed supply: The coin’s supply is fixed, but the market determines the price. The funding received determines the overall price per coin.
- Preset price and variable supply: Certain projects prefer to determine the price before the ICO, but the supply is based on the demand for the token.
To provide insight about the project to investors, the developers release a whitepaper. It stipulates the coin’s utility, token rewards offered, the project’s mission, how it benefits investors, and a roadmap of what the project wants to achieve during various stages.
Once the coin is listed on the exchange, investors need to open an account and fund it. New ICO crypto is most commonly paired with the US dollar. Investors input the amount of dollars they wish to exchange for the crypto and then open a buy position.
Where to Find the Best Crypto ICOs
When looking to buy ICO tokens, finding the most promising cryptos can be easier said than done. Investors can look in several places to find the best upcoming ICO and even IDOs (initial decentralized offerings).
Top ICO Lists: ICO rating platforms like ICO Bench, ICO Drops and ICO Rating are built around evaluating and rating the best ICO crypto projects based on various criteria, including team expertise, project idea, market potential, and technical implementation. Such lists provide in-depth analysis and reviews to help investors assess the viability of ICOs.
Reddit: The r/CryptoCurrency subreddit is one of the largest online communities dedicated to discussing cryptocurrencies and blockchain technology. It often features discussions, insights, and recommendations regarding upcoming ICOs from knowledgeable members of the community. If you’re looking for a community more laser-focused on upcoming ICOs, try r/ICOAnalysis which is meant solely for evaluating and discussing ICO projects.
Twitter (X): X, also known as Twitter, is where a lot of crypto enthusiasts, investors, and influencers flock together to share insights, news, and analysis about ICOs and other crypto-related topics. Following reputable accounts and hashtags can provide valuable information and recommendations about upcoming ICOs.
Additionally, many ICO projects maintain active Twitter accounts to share updates, announcements, and progress about their token sales and development. Once you follow a handful of accounts, you’ll start getting recommendations for similar users to follow, which can give you direct insights into project developments and upcoming ICO events.
Best Practices to Avoid ICO Scams
Conduct Thorough Research
Given the number of malicious operators in the space, investors must conduct due diligence to make sure an upcoming crypto ICO is legit, and not a well-disguised rug pull or honey pot. You should read websites, whitepapers, and roadmaps thoroughly – if they are poorly put together, unclear, or vague, that is usually a red flag. Do full diligence before connecting your wallet to any unknown sites.
Beware of Anonymous Teams
Doxxed teams usually indicate a project is honest, whereas hiding behind anonymity can be a sign that something’s not right. Having said that, many crypto projects have anonymous creators – including Dogecoin and Pepe – heck, even Bitcoin itself. If you do decide to participate in the ICO where the creators are undoxxed, make sure you take extra care by looking at other elements of the project, and make sure that the tokenomics have been externally audited.
Some reputable coin auditors include:
- The Big Four accounting firms: KPMG, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and Deloitte.
- OpenZeppelin
- Webisoft
- Trail of Bits
- Consensys Diligence
- Quantstamp
- Peckshield
- Certik
Check Social Media
Social media is also a good place to find opinions on a project, with large followings and activity a sign that a project has interest and buzz. However, you must also look out for bots and spammers and always ensure you are sending funds to the correct contracts and not imitators with malicious intentions.
Use Burner Wallets
Using a burner wallet, or creating a new wallet specifically for ICOs can be a prudent strategy to protect your main cryptocurrency holdings from potential scams or compromises. That way you isolate those funds from your main cryptocurrency holdings, so that even if the website associated with the ICO turns out to be a scam or gets compromised, only the funds in your burner wallet are at risk, while the rest of your crypto assets remain safe in your main wallet.
Are New ICOs a Good Investment?
Participating in ICOs allows investors to gain access to early-stage projects that may not be available through traditional investment channels. Here are some additional potential upsides for investors looking into new ICOs.
Potential for High Returns
Investors can potentially receive high returns by buying the coin the moment it ICOs to lock in the lowest price. Many coins are high in demand during ICOs, resulting in a price spike.
The crypto market is highly volatile, and some projects have provided investors with triple digital returns within days of their ICOs. Early investors in successful ICOs have made sizeable profits from investing even very small amounts, which can lead to significant gains.
Earn Passive Income
The best upcoming ICOs to watch are ones enabling investors to earn crypto passive income. They do that by crypto staking, requiring investors to lock in their cryptos for a certain period to receive rewards.
Another way is with interest accounts. Investors keep their cryptos in an interest account and receive tokens as rewards.
New Projects with High Potential
When assessing the crypto with most potential, you’ll realize that many of these are projects that solve real-world problems. Anything that can leverage cutting-edge technologies such as blockchain, smart contracts, DeFi or NFTs to create novel solutions for real-world problems and disrupt existing industries is very likely to receive a lot of attention.
The best new active ICO cryptos usually provide utility for its users and some projects use AI and machine learning to help crypto traders and investors.
ICO Drops 2024 – Our Conclusion
Our guide has reviewed some of the best upcoming ICOs in 2024, detailing each project’s use case and how they benefit investors.
After comparing all the new ICO crypto, we found Dogeverse ($DOGEVERSE) to be the top option. This is a multi-chain meme cryptocurrency that offers high staking yields. In only a few weeks since the ICO launch, Dogeverse has raised more than $9 million.
Upcoming Crypto ICOs FAQs
What’s the most popular ICO to invest in?
Dogeverse is the most popular crypto ICO. It offers high rewards of over 113% APY during the early stages of the presale.
How do I find new ICOs?
Investors can follow the ICO calendar on CoinMarketCap or keep up to date with the crypto community on Twitter and Reddit. Check out crypto presales to find coins that may ICO.
How do I invest in an ICO coin?
When a crypto project makes its new coin available on a specific exchange, investors need to open an account on that exchange and fund their accounts with fiat currency. Then, they need to decide how many coins to buy and open a buy position.
About the Author
Eric Huffman 
Alan Draper 
Viraj Randev 
Kane Pepi