Best Emerging Cryptocurrency to Invest in 2024
While large-cap digital currencies like Bitcoin and Ethereum have already witnessed unprecedented growth, there are many crypto assets in this space that are yet to fully emerge. Therefore, the purpose of this guide is to explore the best emerging crypto assets for investors to keep an eye on.
Top 17 Best Emerging Cryptocurrency to Buy Now
The list below offers a quickfire insight into the 21 best emerging cryptocurrency assets to buy today:
- Smog – Newly launched dragon-themed cryptocurrency preparing for big airdrop, with current 42% APY for stakers. Looking to replace Doge as face of meme coins.
- Sponge V2 – The latest emerging crypto presale offering a substantial staking APY and innovative ‘stake-to-bridge’ model, attracting significant interest in the market. With nearly 27% of its 150 billion total supply allocated for presale, the project has seen a notable uptick in traction.
- Bitcoin Minetrix – This emerging crypto stands out with its Stake-to-Mine approach to earning passive income. Focusing on transparency and security, it also promises high APYs. The presale raised over $3.1 million in a little over a month and is providing a $30K airdrop.
- eTukTuk – Merging cryptocurrency with sustainable transportation, eTukTuk is part of an EV-sharing economy powered by the BEP-20 TUK token. Its presale offers immediate staking rewards, emphasizing its commitment to reducing pollution in developing nations.
- Scorpion Casino – Revolutionizing online crypto gambling, this platform combines a vast array of games with the opportunity for daily passive income through SCORP tokens. It’s garnered over $2.7 million from around 6,200 participants, underlining its potential in the growing online gambling market.
- Tamadoge – Emerging Meme Coin Making Big Moves
- Battle Infinity – Newly Launched Crypto Project With Metaverse and P2E Ambitions
- Lucky Block – Decentralized Access to NFT Competitions and Passive Token Rewards
- Decentraland – Invest in the Future of Metaverse Real Estate
- Ripple – Interbank Payments Network That is yet to Fully Emerge
- DeFi Coin – Gain Exposure to the Future Growth of Decentralized Finance
- Dash – Privacy-Focused Crypto Operating in an Emerging Market
- Axie Infinity – Popular P2E Game With NFT Ownership
- ApeCoin – Metaverse Coin Associated With the Bored Yacht Ape Club NFT
- AAVE – Decentralized Lending Platform for Borrowers and Investors
- Theta – Emerging Project Looking to Revolutionize Content Streaming
- Stellar – Fast and Low-Cost Transactional Network
The best approach when investing in cryptos with the most potential is to create a well-balanced and diversified portfolio.
We discuss the above tokens in great detail in the subsequent sections of this guide, which will enable investors to choose the best future cryptocurrency projects for their portfolio.
Best Emerging Crypto to Invest in Reviewed
More than 20,000 tokens are available to trade in this marketplace, so finding the best emerging cryptocurrency assets can be challenging.
Investors are strongly advised to perform their own due diligence surrounding the chosen crypto project, its team of developers, and long-term ambitions as outlined in the whitepaper.
The best crypto portfolio allocation usually involves a mix of the best emerging cryptos.
1. Smog – Emerging Meme Coin Offering 42% APY Staking Rewards, Recent 100% Price Surge
Newly launched Smog is an emerging cryptocurrency generating a lot of interest from potential investors. Operating on the Solana network, smog rallied by as much as 4,700% after its initial release.
Its price has since declined, falling by over 30% from an all-time high of $0.09451, however, this drop-off has not deterred investors.
Smog has been building up to an airdrop, which it claims will be the biggest in history, and investors have so far been convinced.
Its price has risen by over 100% in the last few weeks, with current holders being issued rewards of 42% for staking the token. Additionally, these holders are being given points that will contribute to the upcoming airdrop, where the more points you have, the bigger the rewards.
There are 1.4 billion tokens, and 50% is being allocated to marketing. 35% to the airdrop, and the remaining distributed between listings on Centralized Exchanges (CEX) and Decentralized Exchanges (DEX).
Follow Smog’s journey on Telegram and X (formerly Twitter) where you can learn more.
| Presale Started | Feb 2024 |
| Purchase Methods | ETH, USDT and Card |
| Chain | Solana |
| Min Investment | None |
| Max Investment | None |
2. Sponge V2 – Crypto With High Staking APY And Unique ‘Stake-to-Bridge’ Model
The crypto market is having a great time after making a stellar recovery last year and continuing it in 2024. As prices rebound, interest in the sector has been rising, and with that, new cryptocurrencies are popping up. The meme coin Sponge V2 is one such emerging crypto that many are looking to invest in.
The earlier iteration of Sponge V2 – the Sponge V1 – was launched in early 2023, during which it exploded 100x and the coin market cap jumped to $100 mln. It was launched at $0.000025 and is currently trading at $0.0005080, up more than 220% over the past two weeks as Sponge V2 gets traction.
So, with the second iteration of Sponge, the team aims to experience even more exponential growth with bigger incentives, a larger community, and added utility.
A key part of Sponge V2 is its unique ‘stake-to-bridge’ model used to distribute tokens to both new and existing investors. Under this mechanism, original Sponge V1 tokens are staked to earn newly minted Sponge V2 tokens before their official launch and listing on top-tier centralized crypto exchanges (CEXs).
The more and longer the V1 tokens are committed to the staking contract, the more V2 tokens stakers will receive. Sponge V2 has set aside nearly 27% of its 150 billion total supply for presale.
In addition to receiving the V2 tokens in the equivalent amount of V1 tokens, stakers can also earn additional yield in the form of V2 tokens based on a variable APY during the “buy and stake” campaign.
If this seems interesting, join its rapidly growing Telegram and Twitter, and don’t forget to read their whitepaper to know all about this project in detail.
| Presale Started | Underway |
| Purchase Methods | ETH, USDT, and Card |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
3. Bitcoin Minetrix – A Crypto Token Redefying The Future of Eco-Friendly Bitcoin Mining
Bitcoin Minetrix ($BTCMTX) is an emerging Ethereum-based project, steering the Bitcoin cloud mining realm toward a sustainable future.
After raising over $3.1M in a month, the community support in the platform’s vision is evident.
The project has a total token supply of 4 billion $BTCMTX. Of this, 70% (2.8 billion tokens) is set aside for its presale.
The token’s initial offering is $0.0114, with a strategic plan to touch $0.0148 by the presale’s end. Its hard cap target of $33 million will be reinvested into the system to create long-term growth.
Traditional Bitcoin mining is known for its environmental footprint and risks from cash contracts. Through Bitcoin Minetrix’s innovative “Stake-to-Mine” model, users can stake $BTCMTX tokens to receive non-tradable mining credits.
These credits, when consumed, reward the users with Bitcoin. This model reduces the potential fraud risks in cloud mining and offers a sustainable mining avenue.
Also, Bitcoin Minetrix’s whitepaper highlights the platform’s integrated dashboard that offers a holistic view of users’ mining activities.
This dashboard, optimized for desktop and mobile, presents insights such as hashing power and mining credit accruals.
Additionally, users enjoy financial flexibility. They can unstake and trade their $BTCMTX holdings based on market prices.
Amid growing eco-awareness, Bitcoin Minetrix is an emerging alternative that adopts a green cloud mining approach.
This change from conventional energy-intensive processes repositions Bitcoin Minetrix as a top choice for green crypto enthusiasts.
Bitcoin Minetrix maintains an active presence on X (Twitter) and has a Telegram community to inform users of the latest progress.
| Presale Started | 26 Sept 2023 |
| Purchase Methods | ETH, USDT, BNB |
| Chain | Ethereum |
| Min Investment | $10 |
| Max Investment | None |
4. eTukTuk: A Crypto-Powered EV Sharing Economy with Staking Rewards for a Sustainable Future
With a lack of resources inhibiting advancements to develop sustainable solutions, eTukTuk here aims to provide an opportunity to bring powerful infrastructure to reduce air and noise pollution.
This project is merging the fast-paced world of crypto with the emerging technology of electric vehicles (EVs) to create a sharing economy model that addresses the grave problem of pollution plaguing developing nations.
At the center of this bold ambition is the green TUK token, which is currently available for presale at a price of $0.024.
To participate in the presale, you just need a web3 compatible wallet, then use BNB, ETH, USDT, or your bank card to make the purchase. Make sure you have enough crypto to cover gas fees as well.
Once you’ve bought the tokens, you can either claim them once presale is over or you can stake your TUKs to start earning more tokens as rewards immediately. This option is only available on the BNB Smart Chain network for now. The project plans to offer stakers a share in the success of the ecosystem as well.
For more information about the project, check out eTukTuk’s Telegram, Twitter, YouTube, and Discord, or you can read its whitepaper.
| Presale Started | Ongoing |
| Purchase Methods | ETH, BNB, USDT, and Card |
| Chain | BNB Chain |
| Min Investment | None |
| Max Investment | None |
5. Scorpion Casino: Revolutionizing Online Crypto Gambling with Daily Passive Staking
The online gambling sector, one of the fastest-growing industries, is seeing a rise in the popularity of crypto casinos. Scorpion Casino, a new entrant in this market, is set to make an impact with its licensed and regulated global casino and betting platform. It boasts an extensive range of offerings, including 210 casino games, 160 live games, and a wide array of betting options.
Participation in Scorpion Casino’s platform offers the potential to earn up to 10,000 USD in daily passive staking income. To date, approximately 6,200 participants have engaged, contributing over $2.7 million. Interested parties can join by connecting their wallets and purchasing SCORP tokens, currently priced at $0.025 each, using USDT, ETH, or BNB. The tokens can be claimed following the pre-sale period.
The pre-sale stage presents an opportunity to acquire SCORP tokens before their exchange listing. Participants can enjoy benefits such as free credits and exclusive giveaways. Additionally, there is an option for staking tokens to earn daily passive income, even during the pre-sale. Moreover, the casino will be using its daily revenue to buyback and burn the token to help it grow.
| Presale Started | Underway |
| Purchase Methods | ETH, BNB, and USDT |
| Chain | Binance Smart Chain |
| Min Investment | None |
| Max Investment | None |
6. Tamadoge – Emerging Meme coin Making Big Moves
Tamadoge Tamadoge is a popular meme cryptocurrency and one of the best web3 coins in the market.
The Tamadoge metaverse, suitably called the ‘Tamaverse’, will center around a play-to-earn (P2E) game. The Tamaverse gaming ecosystem will enable players to mint a virtual pet.
After Super Doge, The thriving play-to-earn gaming platform has introduced ‘To The Moon,’ its latest game that has reignited gamers’ interest. This is the third game in their arcade lineup, which has amassed thousands of hours of total playtime.
After minting a virtual pet – which comes in the shape of an Ethereum-hosted NFT, players will need to care for it, which include tasks surrounding food provision and training.
The end goal is to earn TAMA tokens by entering into battles with other virtual pets – another interesting angle to the Tamaverse is that it will enable players to breed their pets with other users.
This will subsequently create a new virtual pet and NFT. The Tamaverse will also work towards offering immersive player experiences via augmented reality, which will be hosted by an app for iOS and Android. Early investors have already snapped up TAMA tokens via the project’s crypto presale.
In fact, Tamadoge was behind one of the best crypto ICOs of 2022, with more than $19 million worth of Ethereum and Tether tokens being raised in just eight weeks.
TAMA is one of the best low-cost cryptocurrencies and enjoyed arguably the best IEO crypto in 2022 after the price pumped nearly 2,000% from the presale.
The token has now retraced amid the wider crypto winter but now represents a low entry point for investors ahead of what is expected to be a huge 2024.
One of the most effective ways to stay updated about NFT projects like Tamadoge is via social media – the Tamadoge Telegram group offers real-time developments on the team’s progress.
7. Battle Infinity – Newly Launched Crypto Project With Metaverse and P2E Ambitions
Battle Infinity is an emerging project building a P2E gaming ecosystem that enables players to earn real-world rewards.
By playing games in the Battle Infinity metaverse, rewards come in the shape of IBAT tokens. Although there will be no limit to the number of games hosted by Battle Infinity, the IBAT Premier League will be the first franchise to launch. This follows a conventional sports draft pick concept, but in the metaverse.
Moreover, players can engage with immersive experiences and even win the best in-game NFTs. We like that Battle Infinity is also building a decentralized exchange. This means that IBAT rewards can be swapped for other tokens on the Binance Smart Chain, such as BNB or BUSD, without needing to use a third-party crypto exchange.
Additionally, those with a tendency to invest in the best long-term cryptocurrency projects will be pleased to know that Battle Infinity also offers a decentralized staking facility. This offers an APY of 12% on flexible withdrawals, and even more on fixed accounts. Either way, crypto staking platforms like Battle infinity offer a great way to generate long-term passive income.
In order to buy Battle Infinity tokens, investors have two options. The first is to open an account with LBank and pay for the purchase with a debit or credit card. The second option is to invest in IBAT via the decentralized exchange PancakeSwap.
8. Lucky Block – Decentralized Access to NFT Competitions and Passive Token Rewards
Another top-rated option that we came across when researching the best emerging cryptocurrency assets is Lucky Block. This project was founded in January 2022 and held a hugely successful presale and post-ICO campaign. During the presale, more than $5 million worth of BNB was raised from investors of all shapes and sizes, which made LBLOCK one of the best presale cryptos to invest in.
The team at Lucky Block then opted to list the LBLOCK token on PancakeSwap. In just under a month, LBLOCK hit an all-time high of over $0.009, which represents gains of nearly 60x when compared to the presale campaign. One of the main reasons behind its initial success was that Lucky Block offers an innovative product.
In a nutshell, Lucky Block runs lucrative competition draws on the blockchain. Each competition offered by Lucky Block will be linked to a unique set of NFTs. For example, one of the competitions running at this moment in time offers the chance to win $1 million worth of Bitcoin. In total, 25,000 NFTs will be sold, each costing 0.23 BNB or $65 as of writing.
By buying an NFT, this offers one ticket entry into the draw to win $1 million worth of Bitcoin. The draw will subsequently be initiated once the entire collection of NFTs has been sold, for the respective competition. Moreover, and perhaps most importantly, all NFT holders will earn rewards for as long as the non-fungible token is held.
The rewards are paid in LBLOCK tokens. Investors do, however, have the option of selling their Lucky Block NFT on the open market, with prices determined by demand and supply. There are several ways to buy LBLOCK tokens, with supported exchanges including LBank and PancakeSwap.
9. Decentraland – Invest in the Future of Metaverse Real Estate
Decentraland is one of the leading players in the metaverse space and its proprietary token MANA is arguably the best metaverse coin on the market. Its growing metaverse world offers many immersive experiences, including the ability to socialize with other users in a virtual setting and play games that have been crafted by up-and-coming developers.
Decentraland also enables players to invest in virtual real estate in exchange for its native token, MANA. Each plot of land will have its own cost price that is determined by demand and supply. Some plots have sold for more than $1 million, albeit, this was during the most recent bull market.
Nonetheless, buying virtual real estate within the Decentraland metaverse enables investors to gain exposure to this emerging technology early. In addition to this, MANA – although generating unprecedented gains since launching, is now trading significantly lower than its all-time high which could make it the most undervalued crypto in 2024.
10. Ripple – Interbank Payments Network That is yet to Fully Emerge
On the one hand, Ripple and its underlying XRP token are not only established but a large-cap project. However, it could be argued that XRP is yet to reach its full potential – especially considering the proprietary technology and the relationships that have already been formed. Regarding the former, Ripple offers a highly-efficient interbank payments network.
In just 4-5 seconds, banks and large financial institutions can transfer funds across borders. This is even the case with cross-currency transactions, including those from the emerging market. Furthermore, the Ripple network offers sector-leading fees. As of writing, this amounts to just 0.00001 XRP per transaction, or about $0.0000043.
As we briefly alluded to above, Ripple could also be considered one of the best emerging cryptos assets because of the many partnerships it has formed. This includes more than 200 financial institutions across several continents. But, with all that being said, XRP is still yet to fully recover from the previous crypto bear market of 2018-19.
For example, in early 2018, XRP hit an all-time high of $3.84. This pricing point is yet to be regained by XRP, even though many other crypto assets witnessed unprecedented growth during the 2021 bull run.
But, considering how much the interbank transactional sector is worth, XRP could be heavily undervalued. After all, many trillions of dollars change hands between banks and financial institutions each and every day. If the Ripple network can attract even a small market share in this sector, this could reflect positively on the future value of XRP.
11. DeFi Coin – Gain Exposure to the Future Growth of Decentralized Finance
DeFi Coin, as the name implies, is building an ecosystem that will sit at the forefront of the decentralized finance movement. Its proprietary exchange, DeFi Swap, will offer a full suite of services to investors in a fully decentralized format.
This includes the ability to earn interest on idle cryptocurrencies through a variety of methods, such as yield farming and staking. Investors will also be able to use DeFi Swap to buy their favorite cryptocurrencies without needing to open an account.
On the contrary, DeFi Swap simply requires investors to connect their private wallet to its exchange. This means that there is no need to provide any personal information or contact details and thus – investors can remain anonymous at all times.
While DeFi Swap is in the final stages of developing its exchange, investors have the opportunity to buy DeFi Coin on PancakeSwap.
12. Dash – Privacy-Focused Crypto Operating in an Emerging Market
In a similar nature to the previously discussed XRP, Dash is an established cryptocurrency. However, we would still argue that it is one of the best emerging crypto assets to consider, for several key reasons.
First and foremost, Dash is a crypto network that specializes in privacy-based transactions. This means that the identities of the sender and receiver are never revealed. Moreover, Dash is also suitable as an everyday payment currency, considering that transactions take just 1 second to process.
13. Axie Infinity – Popular P2E Game With NFT Ownership
Axie Infinity is a popular P2E game that offers players the chance to earn free crypto tokens for their participation. Players will create a virtual Axie after minting an NFT, before entering battles with other users.
The Axie Infinity ecosystem also enables players to earn, buy, sell, and trade in-game NFTs. Axie Infinity, according to CoinMarketCap, was trading at just $0.15 in late 2020. The AXS token peaked just 12 months later at over $165.
This means that investors buying AXS in late 2020 would have been looking at unprecedented gains of nearly 110,000%.
14. ApeCoin – Metaverse Coin Associated With the Bored Yacht Ape Club NFT
ApeCoin is also one of the best emerging cryptocurrency projects to keep an eye on right now. This is one of the newest projects on our list, considering that ApeCoin was only launched in March 2021. With that said, ApeCoin defied the status quo when it released its token to the public.
This is because the token was instantly listed on most tier-one exchanges, including Crypto.com and FTX. The reason for this is that ApeCoin is associated with the hugely successful Bored Yacht Ape Club NFT series.
With that said, ApeCoin aims to become its own entity, with the token forming the backbone of the Otherside metaverse. CoinMarketCap notes that ApeCoin was trading at $7.30 when it was first launched.
In just over a month, ApeCoin went on to generate gains of 270%. As of writing, ApeCoin is trading substantially lower than its all-time high.
15. AAVE – Decentralized Lending Platform for Borrowers and Investors
The peer-to-peer (P2P) lending space has been active for over a decade now. However, platforms like AAVE seek to take things to the very next level by decentralizing the process. This means that consumers and businesses can borrow capital at AAVE without going through a centralized provider.
Lending agreements are secured by crypto assets and the loan-to-value will vary depending on several variables, such as the length of the term and the coin being borrowed. Nonetheless, those borrowing capital will pay interest.
At the other end of the agreement, investors can deposit their coins into an AAVE lending pool to generate passive income. The AAVE token was priced at $53 when it was launched in late 2020.
16. Theta – Emerging Project Looking to Revolutionize Content Streaming
Those with an interest in the future of content streaming might consider Theta as the best emerging crypto to watch. In its current form, streaming services are dominated by the likes of Amazon Prime, Disney+, and Netflix.
Theta, on the other hand, aims to decentralize the industry through blockchain technology and smart contracts. The idea is to provide a smoother service to consumers around the world in addition to removing geo-related restrictions.
Furthermore, Theta claims that lagging times will be reduced, considering that required computing resources will be shared by those connected to the blockchain. The Theta token peaked in April 2021 at over $14.
17. Stellar – Fast and Low-Cost Transactional Network
The final project that we will discuss is Stellar. This is perhaps the best emerging cryptos to consider based on its current valuation, which has taken a huge hit since the bear market came to fruition. For instance, as of writing, Stellar is carrying a 52-week high of $0.44.
However, Stellar is now trading 77% below this figure. Stellar offers a payments network system that can process cross-border transactions in a matter of seconds. Transaction fees cost just a tiny fraction of a cent and the network can handle over 1,500 transfers per second.
Furthermore, and perhaps most importantly, Stellar has done well to form partnerships with a number of established entities, inclusive of both IBM and MoneyGram. While it is true that Stellar is established, it is still yet to reach its full potential.
How to Find Emerging Cryptocurrencies
How to define a cryptocurrency as ’emerging’ is subjective. For instance, some investors would argue that emerging cryptocurrencies are those that are relatively new crypto launches with a small market capitalization.
- Examples here would include Fight out and C+Charge.
- The aforementioned projects carry a small market capitalization and offer a sizable upside if and when they emerge to the masses.
We would, however, also argue that a number of well-established cryptocurrencies represent a suitable investment for those seeking emerging tokens.
- For example, XRP is looking to revolutionize the trillion-dollar interbank transaction sector.
- While XRP has been in this space since 2012, this is still a short amount of time in the grand scheme of things.
- And as such, XRP is arguably one of the best emerging cryptocurrency projects to keep an eye on.
In terms of how to find emerging cryptocurrencies, there are no shortcuts in this space. On the contrary, the most successful crypto investors will dedicate ample time to researching individual projects before risking any capital.
With that said, one of the best ways to find notable emerging cryptocurrencies is to look for up-and-coming presales. This offers investors early access to a newly launched project and thus – oftentimes, the best price possible.
Are Emerging Cryptos a Good Investment?
The main thesis of investing in emerging cryptocurrencies is to buy tokens connected to a new crypto project before it takes off. This is, however, easier said than done.
In this section, we’ll explore whether emerging crypto assets are worth buying.
Low Entry Price
It goes without saying that by investing in an emerging cryptocurrency, the main objective is to gain exposure to a project while it is still in its infancy. In other words, searching for the best future cryptocurrency projects helps investors gain exposure to a crypto before it starts to grow exponentially.
This means that the project is yet to reach its full potential – perhaps because it is a brand-new startup.
Alternatively, the project could be classed as emerging because it is yet to achieve mass adoption from the wider markets.
Either way, investing in an emerging cryptocurrency typically offers the best price possible. The hope is that if and when the project takes off, this will be reflected in the value of the cryptocurrency.
Simple Way to Invest in Trending Concepts
Crypto assets make it incredibly simple to invest in trending concepts of the future. Take the metaverse for example.
Projects like Fight out are looking to get a foothold in the metaverse gaming ecosystem, and investing is simply a case of buying the respective token.
This is also the case for NFTs, DAOs, DeFi, and any other emerging market.
Great Preparation for the Next Bull Market
The cryptocurrency markets move in bull and bear markets. Currently, the markets are bearish, which means that most cryptocurrencies have witnessed a huge decline in value.
A great example of this is Lucky Block. The project’s native LBLOCK token was enjoying unprecedented growth prior to the bear market, with gains of over 6,000% in the space of a month.
However, like many emerging cryptocurrencies, LBLOCK is now trading more than 90% below its all-time high.
On the flip side, this offers an opportunity to buy a range of emerging crypto coins at a discount, in preparation for the next bull run.
How to Buy Emerging Crypto
As noted above, buying emerging crypto coins is often a seamless process. In the step-by-step walkthrough below, we explain how to buy Smog right now.
Step 1 – Connect Your Wallet: To buy Smog tokens, visit its official website with the link below and connect your MetaMask, Phantom or Coinbase wallet.
Step 2 – Buy Crypto: Then on your wallet, buy one of the following tokens ETH, SOL, USDT, USDC, or BONK. These are the only tokens that can be swapped for $SMOG.
Step 3 – Buy and Hold $SMOG: Finally, all you need to do is buy smog tokens on the website using the tokens you have purchased. Your $SMOG will be automatically staked, and you will start receiving points ahead of the airdrop.
Conclusion
This guide has explored the best emerging cryptocurrencies for investors to keep an eye on for future growth. Investors should check out the Smog website ahead of its airdrop for a chance to get early access to one of the best emerging crypto tokens of 2024.
Its price has rebounded strongly in the past few weeks, climbing by as much as 100%. Despite this, it is still down by 30% from a record high, which means investors still have the chance to buy whilst the price is low.
FAQs
Which is the best emerging cryptocurrency?
One of the best emerging cryptocurrencies currently is Smog. This token is building towards an airdrop that it hopes will be bigger than any other before it. Stakers of $MOG can currently earn 42% APY.
About the Author
Eric Huffman 
Michael Graw 
Eliman Dambell