13 Best Upcoming ICOs to Invest in 2024

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Initial coin offerings (ICO) are among the most popular ways to invest in new cryptocurrencies. After all, ICOs enable investors to buy into a project before it launches to the public – so preferential pricing is usually offered. 

Not all ICOs represent a viable investment, so conducting plenty of due diligence is important. This guide reveals 13 upcoming ICOs that investors should consider today. Read on to discover the next 100x ICO for 2024. 

  • Multi-chain utility across 6 chains including Ethereum, Solana and Base
  • Staking rewards on Ethereum for presale buyers
  • Advanced bridging technology with Wormhole and Portal integration
Project Launched
April 2024
Purchase Methods
  • USDT
    USDT
  • ETH
    ETH
  • MATIC
    MATIC
  • BNB
    BNB
  • +1 more
  • An AI and dog-themed memecoin on Ethereum
  • Presale tokens are staked an provide rewards during the presale
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Potential to skyrocket amid Solana meme coin hype
  • Rumored to be from the developers $SLERF, which saw huge growth earlier this year
  • Similar to Slothana, which recently saw a hugely successful presale and launch
Project Launched
May 2024
Purchase Methods
  • SOL
    SOL
  • Established online casino with $50 million in monthly volume and 50,000 players
  • Daily rewards for $DICE stakers based on casino performance
  • $DICE holders eligible for 25% revenue share for referring new users to the platform
Project Launched
April 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • +1 more
  • New token with Learn to Earn (L2E) model with exclusive courses
  • Integration with BRC-20, opening the ability to build on top of the Bitcoin network
  • Stakers enjoy high staking rewards every Ethereum block
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • The 5SCAPE tokens unlock special in-game features
  • Brings VR capabilities into Web3 gaming
  • An ERC20 token that's compatible with existing Ethereum DeFi platforms and smart contracts
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • MATIC
    MATIC
  • Debit
    Debit
  • +2 more
  • A meme token with up to 257% in rewards
  • CEX listing and a play to earn game on the roadmap
  • Sponge V1 made 100x in 2023. Join V2 presale
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Gain exclusive airdrop points by buying and holding $SMOG
  • Conquer foes and reap rewards on the Solana blockchain
  • Secure your stake on Solana through a direct $SMOG purchase on Jupiter DEX
Project Launched
February 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • USDT
    USDT
  • Innovative blockchain-based electric vehicles project
  • The eTukTuk prototype is scheduled to be revealed in the first phase
  • opBNB will be used in tandem with BNB for scalability and reduce costs
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Debit
    Debit
  • +1 more

List of the 13 Best Upcoming ICOs to Invest in Today 

Our extensive research has identified a list of upcoming ICOs that show promising growth potential. Our analysis considers market trends, team experience, project goals, and community support.

These ICOs have a strong foundation and a clear roadmap for achieving their objectives. Investing in these ICOs can earn substantial returns while supporting innovative blockchain projects. Here is the list of ICOs that we recommend considering:

  1. Dogeverse (DOGEVERSE): Best multi-chain meme coin ICO. $300K raised in a few hours.
  2. Sealana (SEAL): New meme coin based on a popular South Park character. $230K raised.
  3. WienerAI (WAI): Meme crypto introduces an AI-powered crypto trading bot. Get 741% staking APY.
  4. Mega Dice Token (DICE): Popular crypto casino token with a $2.25 million airdrop for early buyers.
  5. 5th Scape (5SCAPE): A new crypto project that merges blockchain and AR and VR technologies.
  6. 99Bitcoins (99BTC): Learn2Earn cryptocurrency platform, over $160K raised in a few days of ICO.
  7. Sponge V2 (SPONGEV2): Sponge V1 saw 100x on its first time round, Sponge V2 aims to do better.
  8. Smog (SMOG): Latest meme coin on Solana preparing for massive airdrop rewards and 42% staking APY.
  9. eTukTuk (TUK): Revolutionary ICO project spearheading the EV transition in developing countries.
  10. SatoshiDEX (SATX): Crypto project that builds the first decentralized exchange on the Bitcoin network.  
  11. DEX223 (D223): KYC-free, fully decentralized exchange designed for ERC20 and ERC223 token trading.  
  12. 3VERSE (VERS): Browser-based play-to-earn game with tokenized rewards with assets backed by NFTs.
  13. Bitbot (BITBOT): AI-powered trading bot with fast execution and revenue share.

A Closer Look at the Best Upcoming Crypto ICOs 

We will be conducting a comprehensive analysis of the 12 projects listed in the upcoming ICO. Our analysis will cover all the essential details that investors need to know.

Along with project information, we will also delve into the project’s concept, the use cases of the token, market capitalization, and other crucial metrics.

1. Dogeverse (DOGEVERSE): Multi-Chain Doge Token, Over $300K Raised in a Few Hours of ICO 

Dogeverse ($DOGEVERSE) is one of the top cryptocurrency ICOs to watch in 2024. In only a few hours since the ICO launched, Dogeverse has raised more than $300K. With Doge Day (April 20th) around the corner, expect Dogeverse to continue soaring throughout the presale. 

Dogeverse is the first Doge-themed multi-chain cryptocurrency. It will primarily be available on Ethereum to provide security and broader adoption. Eventually, token holders can seamlessly navigate across blockchains, including Solana, Polygon, Binance, Avalanche, and Base. 

PresaleofDogeverse 1

The cryptocurrency is inspired by Cosmo, a chain-hopping Doge. Cosmo stands for freedom and community-wide engagement. Due to Dogeverse’s interoperability, you can trade the token for the lowest possible gas fees. 

Dogeverse has a total supply of 200 billion tokens. For the ongoing ICO round, 30 billion tokens have been allocated. The hard cap goal is set at $17 million. At press time, $DOGEVERSE is priced at $0.00029 per token. 

After completing the ICO, 5% of the supply will be allocated across crypto exchanges. Another 10% will be offered through staking rewards. Currently, Dogeverse offers over 15,000% in staking APYs (Annual Percentage Yields). 

TokenomicsofDogeverse

All these reasons are helping Dogeverse become one of the top-performing ICOs in 2024. Read the Dogeverse whitepaper and join the Telegram channel to keep yourself updated with this cryptocurrency. 

For more information head over to the official Dogeverse website and read the whitepaper. For all the latest news be sure to follow the project on X and join the exclusive Telegram group.

Total Tokens200 billion
Tokens Available in ICO40 billion
BlockchainEthereum
Token typeERC-20
Minimum PurchaseN/A
Purchase WithUSDT, ETH, BNB, Credit Card

2. Sealana (SEAL): New Meme Coin Based on the SOL Blockchain, $230K Raised on ICO 

Sealana ($SEAL) is a new meme cryptocurrency that has recently launched its ICO campaign. This meme token features a lazy and obese American Redneck seal as its central avatar. 

PresaleofSealana

The seal decides to start trading crypto tokens, hoping to move out of his mom’s basement. The depiction of the seal is based on the ‘World of Warcraft Guy’ – a popular character from the South Park series. 

To join the ongoing $SEAL ICO, interested investors can transfer SOL tokens to the following crypto wallet address – DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c. 

Once the tokens are received, Sealana will airdrop you $SEAL. Alternatively, investors can directly purchase $SEAL tokens from the Sealana presale website. At the time of writing, 1 SOL will get you 6,900 $SEAL tokens. 

Screenshot 2024 05 02 at 10.23.51 AM

In only a few days since the presale began, Sealana has raised more than $237K. Stay tuned for further project updates by joining the Sealana Telegram channel and following Sealana on X (Formerly Twitter)

Total TokensN/A
Tokens Available in ICON/A
BlockchainSolana
Token typeSPL
Minimum PurchaseNone
Purchase WithSOL

3. WienerAI (WAI): AI-Powered Meme Trading Bot, $1.2M Raised on ICO

The next top cryptocurrency ICO to watch in 2024 is $WAI, the native token of WienerAI. The WienerAI project combines meme dynamics with artificial intelligence through its AI-powered crypto trading bot. 

PresaleofWienerAI 1

$WAI, the native token, powers the ecosystem and gives users access to the trading bot. The $WAI token has a total supply of 69 billion, of which 20.7 billion tokens are being allocated through the ongoing ICO. 

In only a few weeks since the ICO launched, WienerAI has raised more than $1.28 million. At press time, $WAI is priced at $0.000704 per token during the ongoing ICO stage. The successful launch of the ICO can be attributed to $WAI’s multiple use cases. 

Token holders can access WienerAI’s beginner-friendly and instant AI trading bot. Enter your crypto trading inquiries, after which WienerAI uses predictive analysis to offer trading suggestions. 

AITradingofWienerAI

The $WAI token attracts no trading fees and can also be staked on the WienerAI smart contract. Currently, staking $WAI results in an APY (Annual percentage yield) of 741%. Another 13.8 billion tokens will be offered as staking rewards to loyal and long-term investors. 

Stay tuned for more updates by reading the WienerAI whitepaper and joining the Telegram channel

Total Tokens69 Billion
Tokens Available in Presale20.7 Billion
BlockchainEthereum
Token TypeERC20
Minimum PurchaseN/A
Purchase WithETH, USDT

4. Mega Dice Token (DICE): Popular Crypto Casino token with a $2.25 Million Airdrop for early Buyers

Mega Dice Token ($DICE) is another upcoming ICO with high upside potential. It combines some of the hottest crypto trends into one platform: Gaming, Gambling, and DeFi.

The casino has a native token called $DICE that lets players earn rewards like cashback, airdrops, and NFT bonuses. Mega Dice is already a successful casino with over 50,000 players and an average monthly betting volume of more than $50 million.

You can buy $DICE tokens for just $0.069 each during the current presale. There will be 147 million tokens sold in the presale out of a total supply of 420 million tokens.

Screenshot 2024 05 14 at 11.13.1
Mega Dice Token Presale – Source: Mega Dice

If you invite friends to invest in the $DICE presale, you can get a 10% commission on their invested amount with no limits. You can also participate in the ongoing token airdrop available for early supporters. The project will give away $2.25 million worth of tokens over 3 seasons.

It’s worth noting that the platform has set aside 15% of tokens for airdrops and 10% for staking rewards. You can read the Mega Dice Token whitepaper to learn more about the project, and enter its Telegram group to get the latest updates.

Total Tokens420 Million
Tokens Available in ICO147 Million
BlockchainSolana
Token typeSPL
Minimum PurchaseN/A
Purchase WithSOL, ETH, BNB

5. 99Bitcoins (99BTC): Learn-to-Earn Cryptocurrency Offers Over 20,000% Staking Yields

The next cryptocurrency ICO to watch in 2024 is $99BTC, the native token of 99Bitcoins. This is a Learn-to-Earn crypto platform designed to offer rewards to individuals who progress through their online curriculum. 

99Bitcoins Learn2Earn

On 99Bitcoins, you can learn about the basics and advanced topics related to the cryptocurrency space. As you progress through the online curriculum, 99Bitcoins rewards you with $99BTC tokens as rewards. 

From a total supply of 99 billion tokens, 15% of the total supply has been allocated for the ongoing ICO. In only a few days since the ICO launched, 99Bitcoins has raised more than $160K. At the time of writing, $99BTC is priced at $0.001 per token. 

While 99Bitcoins is built on Ethereum, it will soon migrate to the Bitcoin blockchain and adopt the BRC-20 network standard. This standard is popular among developers who are looking to create new DApps and NFTs. 

99Bitcoins tokenomics

The $99BTC token can also be staked on a secure smart contract to generate high annual yields. At press time, you can earn more than 20,000% annual yields by staking the token. All these reasons make 99Bitcoins a top ICO to take part in. 

For more information, read the 99Bitcoins whitepaper and join the Telegram channel.

Total Tokens99 Billion
Tokens Available in ICO14.85 Billion
BlockchainEthereum (Will migrate to Bitcoin)
Token typeERC-20
Minimum PurchaseN/A
Purchase WithUSDT, ETH, BNB, Card

6. 5th Scape (5SCAPE): Revolutionary Virtual Reality Entertainment Ecosystem with Proprietary Compatible Hardware

5th Scape is revolutionizing the virtual reality landscape by introducing a whole immersive virtual reality ecosystem comprising of games, movies, animations, interactive learning and other digital experiences. This new crypto project is one of the best upcoming ICOs of 2024.

Next Cryptocurrencies to Explode, next crypto to explode | 5SCAPE interface
5SCAPE interface | Source

The platform is developing the application of VR to not only games, but to movies, digital experiences, learning, and enterprise training with its entertainment network. It also introduces its proprietary state-of-the-art hardware which includes the VR Ultra headset, and SwiftScape VR chair which is motion-reactive.

The project’s native token $5SCAPE can be used within the ecosystem to make purchases, upgrade in-game items, customization skins, buying premium content, and can also be earned via staking, gaming, or participating in loyalty programs.

5th Scape is currently holding its presale and is in the first of 12 phases, with the token price currently set to $0.00187. Users can participate by swapping some cryptos including ETH, USDT, MATIC, BNB, and also by card payment which requires KYC.

Total Tokens5.211 Billion
Tokens Available in ICO4.164 Billion
BlockchainEthereum Network
Token typeERC-20
Minimum PurchaseN/A
Purchase WithUSDT, ETH, MATIC, BNB, Credit Card (KYC Required)

7. Sponge V2 (SPONGEV2): Second Chance to Get in With a Meme coin at Presale That has Already Pumped 100x Once

The Sponge meme coin presale is our next investment choice for ICOs. Early investors in Sponge’s first release, in May 2023, saw 100x as Sponge went from having a market cap under $1m to almost broaching the $100m market cap market.

After Sponge’s initial success—including listings on top exchanges like Gate, MEXC, Bitget, and Poloniex—the team created a new roadmap for Sponge, complete with whitepaper, that is initiated by bridging V1 of SPONGE to a V2 of SPONGE, and involves the creation of a play-to-earn game, Sponge Racer. Token bridging is done through a unique stake-to-bridge mechanism incorporating a presale for those who don’t hold SPONGEV1.

Sponge V2 Roadmap
SPONGEV2 Roadmap | Source

Participation in the presale requires purchasing SPONGEV1 tokens through the portal on the Sponge website. These are then automatically locked V1 staking module, where the user is assigned an equal number of $SPONGEV2. These are automatically staked to start earning a variable APY.

Holders of SPONGEV1 need only to stake their tokens to the SPONGEV1 staking module to get their tokens swapped over and to start earning the same APY. Because the tokens are live as well as on presale, the presale token price will always match the current price of SPONGEV1 on exchanges.

Those who take advantage of the steps above will also earn passive income through staking rewards on their staked SPONGEV1 for the next 4 years.

Sponge Game Banner
Sponge V2 banner | Source

Sponge has a large, passionate, and welcoming community that can be found on Twitter, Discord, and Telegram.

Total Tokens150 Billion
Tokens Available in ICON/A
BlockchainEthereum Network
Token typeERC-20
Minimum PurchaseNone
Purchase WithUSDT, ETH, Credit/Debit Card

8. Smog (SMOG) – Best Upcoming ICO on Solana with Massive Airdrop Rewards And 42% Staking APY

Smog ($SMOG) is a promising new meme coin on the Solana blockchain that has seen huge growth since its launch on Jupiter DEX on February 7, 2024. 

Its value increased by nearly 2000% in just one week from $0.001419 to $0.04, and its market capitalization soared from $2 million to over $70 million.

The platform aims to offer the “Greatest SOL Airdrop” that gives token holders a chance to earn a portion of the 490 million tokens from the total supply of 1.4 billion by engaging in social media and on-chain activities.

Best Upcoming ICOs | $SMOG airdrop
$SMOG Airdrop | Source

Smog’s initial launch was fair, with no presale to ensure equal access for all investors. Notably, the platform offers a 42% APY staking yield with a 90-day lock-in period, promoting long-term investment. Half of the token supply is dedicated to marketing efforts to build a strong community and ensure the project’s success.

Smog aims to compete in the meme coin market by providing cross-chain accessibility through an Ethereum bridge and reserving 10% of its supply for future centralized exchange listings.

Interested Investors can follow Smog’s progress and join its community through its X (Twitter) account and the Smog Telegram group.

Hard CapN/A
Total Tokens1.4 Billion
Tokens Available in PresaleN/A
BlockchainSolana
Token TypeSPL
Minimum PurchaseN/A
Purchase WithSOL, USDT, BONK

9. eTukTuk (TUK): Spearheading the Transition to EV TukTuks in the Developing World 

eTukTuk is a revolutionary project with a simple goal; to spearhead the electric vehicle (EV) movement in the developing world. More specifically, eTukTuk builds EV tuk-tuks, offering a cleaner and more sustainable alternative to combustion engines. According to a recent study, the EV tuk-tuk industry will be worth over $746 million by 2030.

etuktuk crypto project

Based on the current market size, this represents a compound annual growth rate of 6.2%. The Guardian has also covered the growth of EV tuk-tuks, explaining that this market is particularly popular in Thailand. This means eTukTuk is well-positioned to benefit from this niche market. What’s more, eTukTuk vehicles are more affordable than conventional tuktuks. 

Not only in terms of purchasing vehicles but charging them. Built on the BNB Chain, TUK is the project’s native ecosystem token. It enables drivers to accept payments cost-effectively without needing access to a bank account. The eTukTuk ICO has raised over $2 million. At $0.0285 per TUK, ICO investors can secure the lowest cost price.   

Total Tokens2 Billion
Tokens Available in ICO120 Million
BlockchainBinance Smart Chain
Token typeBEP-20
Minimum Purchase1 TUK
Purchase WithUSDT, ETH, BNB, Credit Card (KYC Required)

10. SatoshiDEX (SATX): Decentralized Exchange Built on the Bitcoin Network 

SatoshiDEX is the first Bitcoin DEX that is now offering its token in a presale. This will allow you to trade, create liquidity pools and participate in new token launches in a transparent way. For now, there’s no staking features, but the team plans to launch it in the near future.

There will be a total token supply of 10 billion, 3 billion of which will be distributed during the presale. The remaining tokens will be used for staking, ecosystem fund, team and advisors and liquidity pools.

satoshidex presale

source: satoshi dex

The token presale runs on Ethereum and you can buy SATX tokens with ETH, USDT, USDC, or a card. However, you can also buy it with Ethereum layer 2 coins like MATIC, ARB, and OP. There will be multiple presale rounds and each round will have a higher token price than the previous. So far, close to $5 million has been raised.

Total Tokens10 billion
Tokens Available in ICO3 billion
BlockchainEthereum Network
Token typeERC-20
Minimum PurchaseTBC
Purchase WithTBC

11. DEX223 (D223): Decentralized Exchange for ERC20 and ERC223 Tokens 

DEX223 is a new crypto project that aims to build a decentralized exchange for ERC20 and ERC223 tokens that will require no KYC. This DEX aims to launch on all EVM-compatible blockchains, such as Ethereum, Arbitrum and Optimism when ready. In the meantime, the team is raising funds via token presale.

The ICO offers D223 tokens at various prices depending on the presale stage. At first, one D223 token will cost $0.0009 and it will slowly increase as the token presale goes.

dex223 token presale

source: dex223

The DEX’s main feature will be the ERC223 token standard support that will optimize transaction fees and solve the problem of the ERC20 token design that has lost over $200 million worth of tokens until Mid-2023. Additional features will include margin trading and token auto listings.

Total Tokens8 Billion
Tokens Available in ICO5.44 Billion
BlockchainEthereum
Token typeERC-20
Minimum PurchaseN/A
Purchase WithETH, USDT, DAI, USDC

12. 3VERSE (VERS): Browser-Based Play-to-Earn Game With Tokenized Asset Ownership   

3VERSE is one of the latest play-to-earn games to enter the market. Although its ICO will launch later in November, its browser-based game is already available to play. This enables investors to test the game before making an ICO purchase. 

The game centers on player-vs-player battles, with all in-game assets being tokenized as NFTs. This means players will own any virtual items they earn during gameplay. Moreover, 3VERSE will enable other play-to-earn games to integrate into its ecosystem. 

3VERSE review
3VERSE | Source

This will create a huge online community of gamers and keep players entertained long-term. The 3Verse ICO will be selling VERS, its native ecosystem token. The total supply is 100 million VERS, and 24% will be sold to ICO investors. USDT is the accepted payment currency. 

Total Tokens100 Million
Tokens Available in ICO24 Million
BlockchainEthereum Network
Token typeETH-20
Minimum PurchaseTBC
Purchase WithUSDT

13. Bitbot (BITBOT): An AI-Powered Trading Bot With Real-Time Data and Technical Analysis    

Bitbot is an AI-powered trading bot on Telegram that can help you automate your trading. This allows for setting sniping orders, limit orders, and copy trading. Once it launches, the Bitbot will operate on Ethereum and Solana only with plans to expand to other blockchains in the future.

At its core is the BITBOT token that offers revenue share and gives access to presales and unique perks and airdrops. Moreover, the BITBOT token can be used in governance to vote on the future of the project.

bitbot presale

source: Bitbot

There will be a total of 1 billion tokens where 30% of it will be used in the token presale. The remaining portion will be used for marketing, liquidity, development, and treasury. To buy the token, you need an Ethereum wallet and ETH or BNB coins or stablecoins on these two networks.

Total Tokens1 Billion
Tokens Available in ICO63 Million
BlockchainBinance Smart Chain
Token typeBEP-20
Minimum PurchaseNo Minimum
Purchase WithUSDT, BUSD, BNB

What is an Initial Coin Offering?

Initial coin offerings (ICOs), or presales, are fundraising campaigns run by new crypto projects. The project sells its newly created token to investors, usually at a discount. Most ICOs accept established cryptocurrencies as payment, such as Ethereum or BNB. 

This provides the ICO project with working capital, allowing it to develop its product or service. ICO funding is also used for marketing, ecosystem rewards, and team incentivization. Once the ICO has completed its campaign, it will list its tokens on crypto exchanges. 

Next Cryptocurrencies to Explode, next crypto to explode | ICO illustration
ICO illustration

ICO investors hope that this attracts new buyers, helping the tokens to increase in value. Most ICOs are listed with small market capitalizations. This is one of the main attractions, as investors can target huge gains in a short period.  

How do ICOs Work?

Most upcoming ICOs work in the same way. First, the project will create a whitepaper that outlines its goals. Investors should read the whitepaper to assess whether or not the project is worth investing in. 

The project will also create a unique cryptocurrency token to its ecosystem. This is usually an ERC-20 or BEP-20 token, meaning ICO projects typically opt to build on the Ethereum or BNB Chain, respectively.  

  • Due to anti-money laundering regulations, ICOs only accept cryptocurrency payments. 
  • Some ICOs, such as Dogeverse and Sponge, indirectly accept credit cards too. 
  • However, payments are processed by third parties and require KYC documents. 

The majority of ICOs set a ‘hard cap’ target. This is the maximum amount of capital the ICO seeks to raise. Once its target is met, the ICO is over.

The newly created tokens will then be listed on crypto exchanges. Investors usually receive their tokens just before the listing event. After the listing, prices will rise and fall based on market demand.

Benefits of Investing in Upcoming Initial Coin Offerings

Discussed below are the main advantages of investing in upcoming ICOs. 

Early-Bird Discounts

New crypto ICOs operate in a very competitive landscape. Projects usually offer a discount to incentivize people to invest in its ICO. This means you’ll pay a lower cost price than other investors.

What’s more, further price advantages are available once the tokens list on exchanges. This is because most projects set a higher listing price than was available during the ICO. Therefore, all ICO investors will benefit from an additional upside. 

Invest in New Concepts Early 

Crypto ICOs are popular with investors who want to invest in new concepts and markets before they explode. Put simply, it’s like investing in Apple or Microsoft stock in the 1980s, long before personal computers were mainstream. 

For example, eTukTuk is revolutionizing transportation in the developing world. It manufactures electric tuk-tuks, allowing drivers to reduce energy costs and environmental footprints. Considering the world is slowly becoming a greener place, this market could be huge.

Some ICOs Generate Huge Returns  

Most ICO investors share a common characteristic – they want to make as much money as possible in the shortest time frame. And ICOs often facilitate this goal, especially when they’re able to generate hype. 

Most ICOs enter the market with a small market capitalization. This enables it to grow quickly, as even small buy orders can result in rapid price increases. 

Next Cryptocurrencies to Explode, next crypto to explode | BTCMTX's BTC staking dashboard
BTCMTX’s BTC staking dashboard | Source

Nonetheless, the point is that small-cap cryptocurrencies can rise parabolically very quickly. But equally, they can also decline too. 

Note: It’s rare for new crypto ICOs to generate huge gains; only a handful of projects actually do.

Where to Find Upcoming Crypto ICOs?

Finding upcoming ICOs is often a time-consuming process. Here are some of the best resources you can use to find top-rated ICOs with minimal effort:

  • Reddit: One of the most popular online forums globally, Reddit has millions of cryptocurrency enthusiasts on its platform. Check out the r/ICO subReddit, home to over 51,000 members and daily discussions on upcoming ICOs. You can also explore r/CryptocurrencyICO, which has more than 185,000 members. 
  • ICO Listing Websites: There are also websites that aggregate ICO listings automatically, allowing you to streamline the research process. Consider ICObench as a good starting point, which ranks and evaluates active and upcoming ICOs. You can also try ICO Hot List and ICO Drops
Next Cryptocurrencies to Explode, next crypto to explode | ICO Drops interface
ICO Drops interface | Source
  • Crypto News Websites: Check out some of the leading crypto news websites, which often discuss new ICOs. This is usually the case when the ICO project attracts much attention in the broader crypto community. However, check whether the news article is organic or sponsored. 
  • YouTube: YouTube is also one of the best investment tools to find upcoming ICOs. First, you can try searching for something like ‘New ICO’. Filter the results so it only shows videos from the prior week. You might also want to sort the results by the most viewers, as trending ICOs often generate hype and FOMO. 
  • Telegram: Just like Reddit, Telegram is used by millions of crypto investors. Open the Telegram app and search for ‘ICOs’ or ‘Presales’. Look for groups with a large number of subscribers. There are often groups that help discover upcoming ICOs on behalf of their members. 

Risks to Consider Before Investing in Upcoming ICOs

Cryptocurrencies in general are risky financial products. The risk factor is amplified further when investing in upcoming ICOs. 

This is for several reasons. 

  • First, we mentioned that most ICOs have small market capitalizations. 
  • This means once the tokens are listed on crypto exchanges, they’ll likely witness extreme volatility. 
  • Just remember, prices can go up and down. 

In addition, most ICOs are brand-new projects. This means it could take several years for the team to complete development. 

The tokens might remain stagnant until certain project milestones are achieved. There’s also the risk of being scammed when investing in ICOs. As explained by the FCA – the UK’s financial watchdog, some ICOs are set up specifically to commit fraud.  

Some ICOs are run by anonymous teams, meaning there’s no accountability if they run off with investor funds. These are the risks you must consider before investing in upcoming ICOs. Ultimately, you shouldn’t invest money that you’re not prepared to lose. 

Conclusion

We’ve discussed the best upcoming ICOs and explained the benefits and risks to consider before getting started. One of the top cryptos right now is Dogeverse ($DOGEVERSE). This is a new dog-themed multi-chain meme coin that offers staking rewards of over 15,000% during the early stages of the presale.

References

FAQs

What are the promising ICOs of 2024?

Many promising ICOs could explode in 2024, but we like Dogeverse. This token is in a presale phase were you can buy it at a lower price before it lists on major exchanges.

5th Scape is another promising new cryptocurrency, which offers access to virtual and augmented gaming ecosystems.

Are ICOs still happening?

Yes, ICOs are certainly still happening, with new projects launching regularly. That said, ICOs are now more commonly called ‘presales’.

Are ICOs a good investment?

ICOs can be excellent investments if you choose the right project. But equally, ICOs are risky, so never invest more than you can afford to lose.