Best Crypto ICOs To Buy in 2024 – 10+ Upcoming ICO Projects

Why Trust Techopedia Crypto
Why Trust Techopedia Crypto

Initial Coin Offerings, or ICOs, are not just a fundraising mechanism for the latest crypto projects but also a gateway for investors to get their hands on potentially lucrative opportunities early on.

The Techopedia crypto team did comprehensive research and compiled a list of the best crypto ICOs on the market today. We’ll break down how they work, the reasons why they are the best ICO projects, as well as how to identify the top new and upcoming ICOs for your investment portfolio.

  • Ethereum Layer-2 chain featuring the classic Pepe meme and offering low transaction costs
  • Stake $PEPU to earn dynamic staking rewards as massive, passive income
  • Pepe Unchained aims to replicate the success of Pepe but with its own ecosystem
Project Launched
June 2024
Meta
Meme Coin
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Latest meme project offering staking rewards for top meme tokens including PEPE & DOGE.
  • Buy, stake and earn 3x rewards with the native $STARS token.
  • Crypto All-Stars has developed a unique “MemeVault” staking smart contract for max rewards.
Project Launched
August 2024
Meta
Meme Coin
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • DAO-based meme coin project offering Vote-to-Earn perks.
  • Buy and stake $FLOCK tokens to earn massive rewards at a rate of 684.93 per ETH block.
  • Token holders earn rewards via Vote-To-Earn mechanics.
Project Launched
September 2024
Meta
Meme Coin
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • BNB
    BNB
  • +1 more
  • Fully-fledged crypto casino for meme coin wagering.
  • Driven by the native $MEMEBET token players get access to airdrops, bonuses, & more.
  • Supports anonymous gaming as well as Crypto Loot Boxes with exclusive prizes.
Project Launched
September 2024
Meta
GameFi Token
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • BNB
    BNB
  • Matic
    Matic
  • +2 more
  • Hot meme coin project with play to earn utility and staking
  • Price has pumped 10x in last month, rumored to be listing on Binance
  • Over 12k holders and growing
Project Launched
December 2023
Meta
Meme Coin
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Innovative FinTech startup revolutionizing payment transactions by integrating blockchain technology with conventional financial infrastructure.
  • Native SPY token is the project's utility coin offering holders access to loyalty airdrops, voting power, and early access to exclusive features, products and services.
  • All eyes are on this exciting crypto project which is set to launch on 4.5M devices globally by the end of this year alone.
Project Launched
May 2024
Meta
DeFi Coin
Purchase Methods
  • USDT
    USDT
  • ETH
    ETH
  • USDC
    USDC
  • Debit
    Debit
  • BNB
    BNB
  • AVAX
    AVAX
  • BASE
    BASE
  • Matic
    Matic
  • +5 more
  • A high-stakes battle project where the Wild West meets crypto
  • $SHIBASHOOT holders can buy and stake their tokens for passive rewards
  • Offers a Posse Rewards referral program where players can earn bonus tokens
Project Launched
April 2024
Meta
P2E Crypto, Meme Coin
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Groundbreaking BSC token built to reshape financial insurance and offer loans up to 75%
  • Buy, HODL and stake your MEME tokens to earn 183% APY rewards
  • Investors holding 10,000 or more MEME tokens get state-of-the-art NFTs
Project Launched
April 2024
Meta
DeFi Coin
Purchase Methods
  • BNB
    BNB
  • USDT
    USDT
  • ETH
    ETH
  • Unique blockchain project merging F1 racing with blockchain technology.
  • Buy and stake Race to a Billion tokens & start earning passive rewards.
  • Early investors make the most of discounted tokens, staking, & can make predictions on F1 race outcomes.
Project Launched
June 2024
Meta
GameFi Coin
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • BNB
    BNB
  • +1 more
  • World's first chocolate themed meme coin on Solana, viral potential
  • Already showing high Twitter engagement with a 50k+ follower count early in its presale
  • Giveaways running on socials and prizes earmarked for top ranked presale buyers by token holdings
Project Launched
June 2024
Meta
Meme Coin
Purchase Methods
  • SOL
    SOL
  • USDT
    USDT
  • ETH
    ETH

The Best Crypto ICOs: Full Analysis

To find the best ICO crypto project in 2024, investors must dedicate ample time to do their own research and consider factors like the project’s goals, relevance, roadmap, target market, tokenomics, and unique features. Based on these criteria, we’ve ranked and reviewed the best upcoming ICOs in 2024.

1. Pepe Unchained

Best ICO Layer-2 Meme Token Offering Lower Fees and High Staking Rewards

pepe unchained-best crypto ICOThe latest and best ICO crypto project on the market is $PEPU from Pepe Unchained, an exciting project featuring the beloved Pepe meme avatar on the scalable, low-fee, and high-reward Ethereum Layer-2 (L2) blockchain. By leveraging L2 technology to offload transactions, Pepe Unchained reduces operational costs while promising huge staking rewards for $PEPU token holders, allowing them to benefit from the advantages of this fast and secure blockchain solution.

Pepe Unchained’s ongoing $PEPU ICO allows investors to buy in at an affordable $0.00995 per token and stake to earn a massive 118% APY while benefiting from the lower gas fees and faster speeds of the Ethereum L2 network. 20% of the 8 billion total supply is allocated for the ICO, with the $PEPU price increasing once the raise exceeds $18 million. This provides an appealing entry point to leverage Pepe’s meme popularity through the scalable L2 solution’s compelling rewards and low operational costs.

Pros & Cons

Pros pros

  • Meme token built on the L2 Ethereum blockchain
  • Get high dynamic staking rewards
  • Get lower gas fees and fast transaction speeds

Cons cons

  • Meme tokens could offer high volatility

2. Crypto All-Stars

Best ICO in 2024 With a Staking Platform and Unique Rewards System

crypto all stars-best crypto ICO Offering an innovative “MemeVault” staking system, Crypto All-Stars is a trending new ICO in the meme coin space that’s caught investor attention. On this platform, users can stake popular meme coins and get $STARS tokens as rewards. The platform’s vision is to unite meme coin enthusiasts and investors.

The $STARS token is at the heart of the project and has balanced tokenomics focused on sustainability and expansion. 20% of the platform’s token supply is set aside for the presale and another 25% for staking rewards. Early participants in the presale can buy $STARS before the token goes live on crypto exchanges. You can get $STARS for only $0.0014947 at press time.

Pros & Cons

Pros pros

  • Unique MemeVault staking concept
  • 3x rewards for $STARS token holders
  • Strong focus on community engagement

Cons cons

  • APY will keep decreasing over time

3. Flockerz

Meme Coin ICO With Generous Rewards

flockerz-best crypto ICOOne of the best crypto ICOs to buy this year is undoubtedly Flockerz ($FLOCK). This exciting new meme coin project aims to become fully decentralized, leaving the project’s governance in the hands of its token holders. Holders can vote on important decisions like token burns, marketing strategies, new features, and more. Those who participate in the governance and help steer the project in the right direction will be rewarded with $FLOCK tokens.

The team allocated 25% of the total token supply for that purpose. Another 25% is allocated to staking rewards, which stand at over 3,000% APY during the early stages of the presale. It’s not a surprise that investors are already soaking up the presale supply, with over $582,000 raised within the first days. Keep in mind that the APY is dynamic and will drop every day. Because of that, those who stake early can quickly double their holdings.

Pros & Cons

Pros pros

  • High staking rewards
  • It will become fully-decentralized
  • Governance voting will be rewarded

Cons cons

  • APY will not last a long time

4. Memebet Token 

Best ICO to Invest In With Massive Wagering Airdrops

MemeBet Token-best crypto ICO Memebet Token is a new crypto ICO that introduces meme coin wagering with its $MEMEBET token, offering P2E rewards, exclusive bonuses, and a variety of casino games and sports betting. During the Ethereum presale, users can claim tokens instantly and start wagering mid-presale, with a substantial portion of tokens reserved for airdrops to reward active players.

MemeBet offers a no-KYC Telegram Casino for instant, anonymous play, featuring thousands of crypto-native games, including live casino, slots, and a global sportsbook. The platform engages its community by sponsoring Argentina’s national football team and offering Crypto Loot Boxes with prizes like NFTs and signed Messi shirts. At the same time, $MEMEBET tokens can be bought using various cryptocurrencies and bank cards.

Pros & Cons

Pros pros

  • Instant claim of $MEMEBET tokens during presale
  • No-KYC access for the Telegram Casino
  • VIP rewards for $MEMEBET token holders

Cons cons

  • Not a multi-chain token

5. Shiba Shootout

Latest Meme Coin Sensation Attracting Crypto Whales with Its Crypto ICO Project

shiba-shootout-best crypto ICOThe ongoing Shiba Shooutout ICO offers investors an appealing entry into a standout meme coin project inspired by a unique Wild West theme. Going beyond humor, Shiba Shootout blends creativity, competition, and community engagement to deliver a distinctive value proposition. As a community-driven initiative with utility ideas rewarding ecosystem participation, $SHIBASHOOT presents an early opportunity to get in on a promising meme coin differentiated by its thematic strengths and P2E utility.

Beyond its Wild West meme theme, Shiba Shootout’s $SHIBASHOOT ICO offers a range of compelling utility features rewarding community engagement. These include “Campfire Stories” sharing experiences, a “Savings Saddlebag” earning rewards for committed tokens, “Cactus Staking” rewarding early movers who stake during the ICO, and “Posse Rewards” for inviting new members. Notably, $SHIBASHOOT holders will have a voice through a planned DAO, allowing them to vote on the project’s development direction. With its thematic creativity coupled with incentivized participation mechanics, Shiba Shootout stands out among meme coin offerings by delivering an engaging, community-driven experience.

Pros & Cons

Pros pros

  • Staking rewards
  • Lottery system
  • Referral program

Cons cons

  • Still in its early ICO stage

6. SpacePay

Best ICO Crypto Platform With Monthly Airdrops and Supports Crypto as a Payment Method

spacepay-best crypto ICO SpacePay ($SPY) is a decentralized ecosystem enabling crypto payments at retail through a terminal-agnostic protocol compatible with over 325 wallets. Its ongoing ICO presents an attractive entry point, with $SPY tokens priced at just $0.00191 during the first round and 6.8 billion of the 34 billion total supply allocated. Despite launching recently, the ICO has already raised over $405K, highlighting investor demand for this retail crypto payment solution that provides customer benefits through its native $SPY token.

The $SPY token incentivizes user engagement in SpacePay’s decentralized retail crypto payment ecosystem by rewarding the most active wallets with monthly airdrops, granting early access to new features and quarterly leadership webinars based on holdings, and giving holders voting rights to shape the platform’s future direction. With its revolutionary concept enabling crypto acceptance across over 325 wallets and compelling tokenomics, $SPY stands out as the best ICO in 2024 for those seeking exposure to the burgeoning retail crypto payments space.

Pros & Cons

Pros pros

  • Staking rewards
  • Lottery system
  • Referral program

Cons cons

  • Still in early ICO stages

7. Race to a Billion

Upcoming ICO Crypto Project That Rewards Users Who Accurately Predict Formula 1 Race Outcomes

race to a billion - best crypto ICORace to a Billion ($BDJ) is the latest crypto ICO worth checking out this year. This project is based on rewarding Formula 1 fans who accurately predict race outcomes by using $BDJ tokens. Those who are most accurate with their predictions compete for the end-of-season jackpot.

Race to a Billion ensures transparency with on-chain predictions and transactions, with plans to expand to other sports. The $BDJ token presale offers early buyers discounted prices and high staking rewards, with APY currently over 3,000%. This dynamic APY decreases as more tokens are staked, incentivizing early participation. The token price increases periodically during the presale, encouraging prompt investment.

Pros & Cons

Pros pros

  • Generous staking APY
  • High potential to succeed
  • You can buy it with ETH, BNB, USDT, and cards

Cons cons

  • Staking rewards only available on Ethereum

8. BlastUP

Hottest ICO Crypto Project In The Market

blastup-best crypto ICO BlastUP (BLP) has generated significant buzz, raising over $8 million in its ICO that has already sold 99 million BLP tokens to tens of thousands of investors attracted by the revolutionary project’s unique concept and multiple potential upsides. Participating is straightforward, even for newcomers. Simply visit the official website via the provided affiliate link, connect your preferred wallet, and swap major cryptocurrencies like ETH, MATIC, USDT, or BNB for BLP tokens in this rapidly growing ICO.

After buying BLP, you can stake your tokens for lucrative rewards, aligning with the ones on the top ICO list. ICO participants earn booster points to unlock perks like stablecoins, NFTs, and more through BlastBoxes. Additional benefits for token holders include exclusive access to tiered IDO launches and future airdrop events. Act quickly to take advantage of the discounted ICO rates.

Pros & Cons

Pros pros

  • Staking rewards
  • Exclusive access to tiered IDO launches
  • Future airdrops

Cons cons

  • Still in its early ICO stage

9. BitNance

Bitcoin Alternative on the Binance Smart Chain

bitnance-best crypto ICO BitNance ($BTN) is one of the best upcoming ICOs for 2024, offering a fast, low-cost alternative to Bitcoin on the Binance Smart Chain. With a limited supply of 10.5 million tokens, $BTN is now available for $0.36 during the presale, presenting a significant opportunity for early investors before it lists on exchanges.

BitNance will become a fully community-led token after the founders renounce the contract post-presale, allowing holders to vote on decisions. If you missed out on Bitcoin, getting in early on BitNance could be worthwhile.

Pros & Cons

Pros pros

  • Founders will leave complete control after launch to token holders
  • Low token price during the presale
  • Binance-based token with fast and low-cost transactions

Cons cons

  • Facing fierce competition

10. BlockBets

Feature Rich GambleFi Platform With Profit Sharing Through Staking

blockbets casino-best crypto ICO Blockbets, the latest GambleFi platform, is revolutionizing online gaming with blockchain technology. By buying and staking the native $BBETS token, holders gain opportunities for liquidity farming, governance rights, and rakeback rewards, offering multiple ways to earn passive income.

The most impressive feature is the profit share scheme, which automatically triggers when you stake your tokens. With a tiered structure, the more you stake, the more you earn—up to 1,000% of available rewards. A substantial 25% of all platform rewards are dedicated to profit sharing, making staking highly lucrative. The ongoing presale is extremely popular. Visit the official website to learn more and download the whitepaper. For the latest updates, follow the team on X and join the exclusive Telegram group.

Pros & Cons

Pros pros

  • A large suite of popular games
  • Wide range of passive income options
  • Generous profit-sharing bonuses for stakers

Cons cons

  • Fierce market competition

11. Gas Wizard

Upcoming ICO With Real-World Utility

gas wizard-best crypto ICOGas Wizard is one of the top upcoming ICOs aiming to reduce gas and EV charging costs through a blockchain-based loyalty program with partner stations. The $GWIZ token powers this initiative and can be used to pay for gas or charge your EV.

To buy $GWIZ tokens, you need an Ethereum wallet and ETH, BNB, WBTC, USDC, or USDT. While staking isn’t available yet, 15% of the total supply is allocated for future staking rewards. Once live, you can earn $GWIZ through a play-to-earn game, using partner stations and adding fuel prices to help others find the cheapest gas.

Pros & Cons

Pros pros

  • Real-world utility
  • Low token price during the presale
  • Ambitious roadmap for 2024

Cons cons

  • No staking yet

12. Lingo

Top Crypto ICO with RWA Rewards System

lingo-best-crypto-ICOLingo is a top crypto ICO of the year, blending real-world rewards with digital assets. The Lingo ecosystem rewards active participants with LINGO tokens redeemable for Fizen cards, usable at over 3,000 brands and 100,000 hotels.

Lingo has attracted notable investors like Altcoin Daily and raised over $10 million from venture capitalists. Its development team includes former executives from Binance and Microsoft, enriching Lingo’s ecosystem. Built on the Polygon Layer 2 blockchain, the LINGO token is set to expand to Solana and Base chains. With the presale yet to be announced and over 700,000 on the waiting list, now is the time to get involved. Those who don’t want to miss out can follow Lingo on Twitter and stay updated on this promising venture.

Pros & Cons

Pros pros

  • Blending real-world rewards with cryptos
  • Backed by former executives of companies like Google, Microsoft, and Binance
  • The presale is yet to be announced

Cons cons

  • Recent posts don’t show when the presale will commence

13. CoCo Coin

Pepe-Themed Crypto ICO Offers Social Rewards

coco coin-best crypto ICO CoCo Coin ($CoCo) is a new Pepe-themed meme token that is conducting a unique social rewards campaign. Ahead of the $CoCo token ICO launch, CoCo Coin is grabbing the attention of potential investors through a unique points system. CoCo Coin will offer points to community members who interact with its X page

Every like, tweet, retweet, and reply will allow users to increase their points tally. The points will be converted into $CoCo tokens and distributed weekly to users. Furthermore, users can also earn 100K points by referring new users to the ecosystem. This unique campaign can help attract more eyeballs for the upcoming ICO, making $CoCo tokens available to the general public for the first time.

Pros & Cons

Pros pros

  • Offers rewards for promoting the platform
  • Will conduct token airdrops
  • Based on the popular Pepe meme

Cons cons

  • New meme coins could attract high volatility

14. Bitcoin Aligo

Best ICO in 2024 With an Innovative Blockchain Concept

bitcoinaligo-best crypto ICO Bitcoin Aligo is an innovative ICO crypto project that merges blockchain technology with business creativity through gamification, combining NFTs, crypto mining, and play-to-earn (P2E) gaming into a dynamic DeFi ecosystem. Centered around the "Reality Zone," a fantasy-themed setting where players complete quests and use NFTs as gaming tools, Bitcoin Aligo has quickly gained a large following on platforms like Twitter and Telegram.

The project includes two NFT collections, Main Coon and Mountain Goat, which offer unique gameplay benefits and passive earnings. Players use these NFTs to participate in the Reality Zone game, earning points, purchasing items, and collecting ALG tokens. Bitcoin Aligo also promotes community engagement through airdrop campaigns, discounts, and early access to ALG tokens, currently priced at $0.0011, making it one of the most trending crypto ICO projects.

Pros & Cons

Pros pros

  • Combines NFTs, mining, and P2E gaming
  • Offers exclusive NFT collections
  • Regular airdrop campaigns
  • Still in its presale stage

Cons cons

  • The website can be a bit confusing to new investors

What’s an ICO? ℹ️

ICOs, or Initial Coin Offerings, are fundraising methods through which new cryptocurrency projects sell their native tokens to generate capital.

How Does The Best  ICO Crypto Work?

Typically, to launch crypto projects that are new, the team has to approach a VC or an individual investor for funding.

Compared to such traditional and strenuous methods, ICOs are considered the easier alternative. They allow projects to receive funding from a wider group of institutional and retail investors.

In addition to benefiting the project, many ICOs have also generated significant returns for early investors if they can find them ahead of the rest of the market.

The ICO Process

  • During the launch of an ICO, the project issues and sells its own tokens in exchange for established cryptocurrencies, such as USDT or Ethereum.
  • Investors participating in the ICO receive the newly issued tokens, representing a stake or utility within the project.
  • The funds raised through the ICO are typically used to finance the project’s development, infrastructure, marketing, and other operational expenses.

The respective cryptocurrencies are often offered at prices below their eventual listing price during ICOs.

In fact, some of the upcoming ICO projects we covered in our guide are in the presale stage, meaning investors have a window to buy these tokens at a lower price before they are listed on exchanges.

Why Do People Buy Crypto ICOs?

Investing in active ICOs carries a significant level of risk and potential reward. Some coins have experienced substantial price surges, while other crypto ICOs have encountered depreciation.

The outcome often depends on specific factors such as the project’s unique characteristics, target market, future potential, and more. Nonetheless, there are common advantages associated with investing in the best ICO crypto project, which we will explore further below.

Potential for Huge Short and Long-Term Returns

Investing in upcoming ICO projects presents the potential for substantial profits due to several key factors.

  • Firstly, early-stage investments in ICOs allow investors to access tokens at a lower cost compared to their potential future value. This was the case with Ethereum’s ICO when investors had to pay $0.31 per token. Considering that ETH’s all time high value was $4,878, we’re talking about an increase of 1,573,448%.
  • Secondly, ICOs often attract considerable attention and excitement from the crypto community, leading to rapid price surges once the tokens are listed on exchanges.
  • Lastly, the best ICO in 2024 may introduce innovative technologies, revolutionary business models, or solutions to existing technological pain points. If these projects effectively deliver on their promises and gain widespread adoption, the value of the associated tokens can skyrocket, generating substantial profits for early investors.

Early Access to Innovative Crypto Projects

The best way to make money from cryptocurrency is to invest early in crypto projects that have the potential to explode in the future. A cryptocurrency ICO offers investors an excellent opportunity to get in on the ground floor of a new project.

Herd Mentality and FOMO

Investing in crypto ICOs due to herd mentality and a fear of missing out (FOMO) can be alluring, but it’s important to consider the following points.

  • Investors often follow the crowd in the crypto world. When an ICO gets popular, many people invest just because others are doing it too. This herd mentality means they might not check the ICO’s details or consider the risks properly before investing.
  • Secondly, the fear of missing out is a big reason people invest in upcoming ICOs. They worry about missing out on big profits, as ICOs can quickly increase in value. This fear leads to quick, sometimes unwise, investment decisions.

Pro Tip

It’s important to note that investing based solely on herd mentality and FOMO can be risky. Such investment decisions may lack careful analysis and due diligence, increasing the chances of falling victim to scams, market manipulation, or investing in projects with weak fundamentals.

It is crucial for investors to exercise caution, conduct thorough research, and base their investment decisions on a well-rounded assessment of the project’s viability, potential risks, and long-term prospects.

Where To Look For The Best Upcoming ICOs?

Investors set on buying into a crypto ICO should do sufficient homework to gather information about the specific project. This is because there are hundreds of ICOs, and dozens are added on a daily basis.

Here, we have outlined a number of factors that investors can use to find the best crypto ICOs to invest in right now.

Make The Most of Ico CalendarsConsult Social MediaCrypto Aggregates and News WebsitesDiscord/Telegram Channels

Make the Most of ICO Calendars

ICO calendars are essential tools for investors seeking the best ICO of 2024. They provide a centralized source of information about upcoming ICOs, making it easier to gather data in one place. These calendars offer details like project descriptions, token sale dates, fundraising targets, team information, and links to official project websites. This compiled data allows investors to evaluate multiple upcoming ICO projects quickly.

ICO calendars also serve as a starting point for investors to conduct further due diligence and research. Once investors shortlist potential ICOs, they can delve deeper into the project’s whitepaper, roadmap, team backgrounds, partnerships, and market analysis.

This thorough examination helps investors evaluate the project’s viability, potential risks, and growth prospects, allowing them to make more informed investment decisions.

Consult Social Media 

Social media plays a big role in helping investors gain exposure to upcoming ICO projects. Investors can use hashtags or follow popular crypto-related pages to get real-time information about new ICO projects launching in the market.

A strong social media following is also a good indicator that the project will be popular with other investors and have a user base when the time comes for a protocol to be set live.

It would also be a good idea to follow financial and crypto influencers on platforms such as YouTube with Jacob Crypto Bury and Twitter to find the best crypto ICO for 2024.

There are also websites dedicated to tracking everything happening in the crypto space. Most of these websites also have a dedicated newsletter encapsulating the latest crypto-related news and analysis.

They might also feature an initial coin offering list that investors can refer to in order to find attractive projects.

Discord and Telegram are popular discussion platforms cryptocurrency enthusiasts use to discuss new projects and investment opportunities.

In addition to using Discord or Telegram channels to find new ICO coins in 2024, you can also:

  • Participate in discussions to gain insights and new perspectives on upcoming ICOs;
  • Join ICO announcement channels to learn about new updates and investment opportunities.

Methodology

How We Analyze and Review Cryptocurrencies

1000+ Crypto Assets Reviewed

300+ Research Hours

14 Key Variables Evaluated

50+ Expert Opinions Examined

To ensure our readers receive unbiased, thorough, and reliable information, we conduct extensive research and analysis of a wide range of cryptocurrencies. We assess each crypto asset based on 14 distinct criteria, some of which include:

  • Market Potential: We evaluate the likelihood of future growth and the overall potential within the crypto market.
  • Liquidity and Trading Volume: We analyze the ease of buying and selling cryptocurrencies and their trading activity.
  • Community and Support: We examine the level of community engagement and the quality of support available to users.
  • Price History and Market Sentiment: We review historical price data and current market sentiment.
  • Security Measures and Past Breaches: We check for strong security protocols and any history of security breaches

By following this thorough approach, we provide comprehensive and reliable reviews tailored to the needs of crypto enthusiasts and investors alike.

Are There Any Risks When Buying ICOs?

ICO investments can be risky, so it’s important to check the security measures to protect investors’ funds. Look for information about the project’s security measures and how they plan to protect investors’ funds.

Let’s look at some of the risks associated with buying new crypto ICOs:

  • Potential Rug Pulls – Rug pulls occur when dishonest crypto developers or insiders deliberately manipulate the value of a token after its launch, leading to significant losses for investors.
  • Pump and Dump Schemes – Pump and dump schemes involve artificially inflating the price of a cryptocurrency through coordinated buying and hyped marketing, creating a false sense of FOMO and demand. A massive token dump ensues when the desired price is hit
  • Regulatory Risks – The cryptocurrency and ICO market is subject to evolving regulatory frameworks in different countries. Changes in regulations can significantly affect the legality and viability of an ICO.
  • Market Volatility – Crypto markets are known for their high volatility. The value of new and upcoming crypto ICOs can fluctuate, leading to potential losses.
  • Lack of Transparency – Many ICOs lack transparency regarding their operations, team, and project progress.
  • Misleading Information – ICOs often come with marketing hype and exaggerated claims about a project’s potential. This can mislead investors about the project’s true nature and potential.

How to Safely Invest in a Crypto ICO Project?

To be on the safe side, there are sever investors should be aware of several factors when investing in upcoming ICOs: 

KYC Compliance

Most ICO drops will implement KYC into their platforms in an effort to comply with anti-money laundering regulations. Sticking to KYC protocols enhances security by ensuring that investors are legitimate and mitigating the risk of fraudulent activity. Therefore, opting for crypto ICOs implementing KYC measures can offer investors additional protection and peace of mind.

Smart Contract Audit

Smart contracts are key when it comes to token sales, governing the entire process from token distribution to fund management. To safeguard investors' interests, it's essential for upcoming ICO projects to undergo a thorough third-party audit of their smart contracts. This audit verifies the integrity of the code, ensuring it's free from vulnerabilities and malicious exploits. Investing in ICOs without a smart contract audit can leave investors vulnerable to various risks, including losing invested capital due to security breaches or coding errors. 

Tokenomics

Comprehending a project's tokenomics is crucial for investors since it encompasses a thorough examination of various factors such as the total token supply, distribution strategy, and the intended utility of the tokens. Not examining the tokenomics may result in issues like oversupply or imbalances, potentially impacting the token's price dynamics and overall market performance. By thoroughly analyzing tokenomics, investors can gain insights into the project's sustainability, value proposition, and long-term viability, thus making more informed investment decisions.

Project Whitepaper

Analyzing a project's whitepaper offers valuable insights into various aspects such as the development team's vision, technological implementation, and future roadmap. The whitepaper is a key reference point for evaluating the project's innovation, uniqueness, and competitive advantage within the market landscape. Therefore, thorough whitepaper research is essential for making well-informed investment decisions even for the best crypto ICOs.

Development Team

An ICO's potential can often be gauged by the experience, credibility, and transparency of its development team. A team with proven credentials, well-defined roles, and active engagement with the community tends to inspire confidence in investors. Their past successes, clear communication, and visible commitment to the project can be positive indicators of future success.

What Returns Can I Expect from Investing in ICOs?

Investing in upcoming ICOs can offer high returns or significant losses, as returns are unpredictable and influenced by market dynamics, project fundamentals, timing, investment strategy, and trends. While some ICOs have delivered 10x to 1,000x returns, others have resulted in losses, making due diligence crucial. For example, Ethereum's ICO in 2014 sold tokens at $0.30 each, now worth over $1,600—a return of over 5,300x—while NEO's token rose from $0.03 to $180.

Recent crypto ICO successes include Sui, which raised $50 million, sold at $0.1, and rose to $1.5 after listing (now trading at $0.5, still 5x its ICO price); Sei, which sold at $0.015 and surged over 3,000% to $0.26; and BTC20, which increased by 600% after its IEO. However, ICO returns remain speculative and uncertain, so thorough research, smart risk management, and an understanding of the market are crucial for investors.

Are Crypto ICOs Legal?

ICOs have become increasingly popular for new crypto projects looking to raise capital, but their legality has been debated in many jurisdictions.

Many ICOs fall outside existing regulations, leading to a lack of oversight and instances of fraud. However, in some cases, ICOs may be considered securities offerings and fall under the jurisdiction of regulatory bodies such as the US Securities and Exchange Commission (SEC). In fact, a recent report from Bloomberg expands on a US Judge's rule on ICOs being covered by securities law.

The SEC has warned investors to exercise caution and diligence when investing in ICOs and to research the legality of offers and the people behind them. It has also cautioned against unrealistic return guarantees and warned that anyone involved in promoting offers or selling coins or tokens must adhere to regulatory standards.

In some countries, such as the United States, ICOs are subject to strict regulatory requirements and must comply with securities laws. In other countries, ICOs are regulated and considered a legitimate way of raising funds.

How Frequently Do New Crypto ICO Projects Occur?

New ICOs are launched weekly, varying in duration from short to extended periods, offering plenty of options but making it challenging to identify legitimate projects with real potential.

To find promising ICOs, it’s crucial to review the project’s whitepaper, evaluate the team, engage with the community, and verify the soundness of its tokenomics. You can also use our top ICO list of vetted coins as a starting point for discovering exciting projects.

Conclusion

In conclusion, identifying the best crypto ICO projects involves thorough research and understanding the market. You must also be aware of the crypto market’s volatility and the risks associated with investing in it. Our research concluded that a number of exciting crypto projects are launching their digital tokens through upcoming ICOs this year.

Currently, Pepe Unchained is conducting the best upcoming ICO project. This frog meme coin will offer an Ethereum Layer 2 solution with huge staking rewards.

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FAQs

What are the best ICOs to invest in?

Are there any successful ICOs?

Which was the best crypto ICO for 2024?

Are ICOs a good investment?

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What is the disadvantage of ICOs?

Are ICOs and IPOs the same thing?

Are ICOs subject to investor regulations and protections?

How does the amount raised by an ICO differ from the token's market cap and ROI?

What is the most successful ICO crypto?

What is the most promising upcoming ICOs?

The most promising crypto ICOs on the market right now are Pepe Unchained, Crypto All-Starz and others on our list as they offer discounted presale prices and high APYs.

Which are best ICO to invest?

What is the next ICO?

Can you make money investing in ICOs?

Why do people buy ICOs?

Michael Graw
Crypto Expert
Michael Graw
Crypto Expert

Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.