21 fast growing cryptocurrencies to invest in July 2024

Our experts pick 21 of the fastest growing cryptocurrencies to invest in that combine strong foundations, unique tech and the highest upside for the future.
By:  & 
Updated: Jul 16, 2024
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With so many different crypto projects available today, it’s never been more important to invest in the best cryptos. Pick wisely and you can make 10x or more on your money, but poor quality projects can flop during crypto’s notorious winters.

We’ve picked out the top 21 fastest growing cryptocurrencies with the most potential to help you make the best investment decisions. Compare the leading lights with the latest projects to find the 21 best fastest growing tokens to buy today.

Top 21 fastest growing crypto coins to buy now

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  1. Poodlana: Best Solana meme token that'll make you feel fabulous
  2. Solciety: Best political meme coin for election season
  3. BitBot: Best for exclusive perks & revenue sharing
  4. Bitcoin Dogs: First ever Bitcoin ICO and best for dog-loving crypto investors
  5. Memeinator: Best for leveraging AI & social hype into regular price rises
  6. Metacade: Best for crypto gaming, play-to-earn rewards & exclusive tournaments
  7. Elastos: Best for a secure & scalable decentralised exchange
  8. Solana: Best for an Ethereum competitor with a fast, scalable blockchain
  9. Binance coin: Best for trading discounts on the most popular crypto exchange
  10. Jupiter. Best DEX on Solana
  11. Bitcoin: Best crypto for a long term store of value
  12. Ethereum: Best for Layer 1s and investing in the entire crypto altcoin ecosystem
  13. The Graph: Best for a pioneering blockchain search engine
  14. Shiba inu: Best meme coin for a 'Dogecoin Killer' with genuine utility
  15. Filecoin: Best Web 3.0 crypto for breaking big data monopolies with decentralised file storage
  16. Axie Infinity: Best for breeding & battling your own NFTs in-game
  17. Arweave: Best coin for long term data storage
  18. Toncoin: Best telegram linked token
  19. Bonk: Best meme on Solana blockchain
  20. VeChain: Best coin combining blockchain and IoT
  21. Pepe Coin: Best frog based meme coin

Summary of the fastest growing cryptocurrency projects

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RankCryptocurrencySymbolPriceMarket cap
1PoodlanaPOODL$0 (presale)$0 (presale)
2SolcietySLCTY$0.002222$558,763
3BitBotBITBOT$0.02$4,248,368
4Bitcoin Dogs0DOG$0.0404$13,496,231
5MeminatorMMTR$0.0276$6,500,000
6MetacadeMCADE$0.02$26.37m
7ElastosELA$4.58$95.2m
8SolanaSOL$153.07$68.49B
9Binance CoinBNB$589.78$87.04B
10JupiterJUP$1.12$1.51B
11BitcoinBTC$63,022.14$1.24T
12EthereumETH$3,063.16$367.88B
13The GraphGRT$0.29$2.71B
14Shiba InuSHIB$0.000056995110$14B
15FilecoinFIL$5.98$3.28B
16Axie InfinityAXS$7.34$1.06B
17ArweaveAR$41.29$2.70B
18ToncoinTON$5.51$19B
19BonkBONK$0.000024806454$1.58B
20VeChianVET$0.04$2.68B
21Pepe CoinPEPE$0.000000001102$3.5B

Detailed reviews of the fastest growing cryptocurrency coins

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1. Poodlana: Best Solana meme token that'll make you feel fabulous

POODL/USD
  • Symbol: POODL
  • Market cap: $0 (presale)
  • Current price: $0 (presale)
  • Founded: 2024
  • Whitepaper

Overview

Poodlana is a new meme token, the most fabulous cryptocurrency on the Solana blockchain. Unlike any other dog-themed tokens, Poodlana is all about setting trends and turning heads. It’s not just a cryptocurrency; it’s a statement of exclusivity and sophistication. With no lock-ups or complicated games, owning Poodlana means joining an elite club of trendsetters who are redefining the digital age.

Poodlana’s journey is meticulously planned to ensure maximum excitement and rewards for its holders. The journey begins with an exclusive 30-day presale, your golden ticket to join this elite club. Following this, Poodlana will make a grand debut on decentralized exchanges like Raydium within just 60 minutes of the presale ending, ensuring you can trade and benefit immediately. Plus, with all tokens unlocked from day one, Poodlana promises transparency and fairness right from the start. This is a no-nonsense, high-class token that delivers on its promises.

But that’s not all. Poodlana’s vision extends far beyond its launch. From partnering with top influencers and fashion brands to rolling out a chic staking platform for fabulous rewards, Poodlana is set to take the world by storm. With a strong focus on the Asian markets, where poodles are adored as fashionable icons, Poodlana is poised to become the must-have digital accessory. This opportunity to be part of the next big thing in crypto should not be missed. Joining the Poodlana revolution might just make the world a more glamorous place.

Key features

An exciting new meme token in the early stages of presale A big focus on Asian markets, where poodles are hugely popular Potential for big gains if it proves to be successful

Key negatives

High risk, high reward token No use case
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51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. Solciety: Best political meme coin for election season

SLCTY/USD
  • Symbol: SLCTY
  • Market cap: $558,763
  • Current price: $0.002222
  • Founded: 2024
  • Whitepaper

Overview

Solciety is a Solana-based PolitiFi crypto, primed to make huge gains during the election cycle in 2024. This is the year of elections, with voters in the US going to the polls, along with those in the UK, across Europe and around the world. PolitiFi coins have been pumping throughout the year, feasting on the buzz of democracy.

Every bit of political news has seen a corresponding bounce in crypto coins in this new and exciting space. But Solciety is more than just a meme coin living on the edge of the political volcano, its goal is to create a community that will constantly generate new content by making their own memes or satirising current events, so that SLCTY can keep riding the wave of new stories all the time.

What’s more, Solciety is built on the Solana blockchain, where we’ve seen some of the biggest gains of the year so far. The narrative leading into the summer suggests huge opportunity for any meme coin based on Solana or the Base chain. Combined with more and more interest in politics as the year goes on, it could be a huge year for PolitiFi coins like Solciety.

Key features

PolitiFi coin primed to pump in the 'year of elections' 2024 has been the year of memes Based on Solana, where some of the biggest gains have come this year

Key negatives

Already a lot of other PolitiFi coins out there Few use cases
Trade Solciety More about Solciety

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

3. BitBot: Best for exclusive perks & revenue sharing

BITBOT/USD
  • Symbol: BITBOT
  • Market cap: $4,247,258
  • Current price: $0.02
  • Founded: 2024
  • Whitepaper

Overview

bitbot screenshot

BitBot is a non-custodial crypto trading bot that offers super fast trade execution so you can beat the pros on a level playing field. The BitBot project is at the forefront of the next crypto wave, which maximises security without sacrificing convenience.

Whereas many competitors hold user assets and control the private keys, BitBot flips the field by providing cutting-edge, keyless custodial technology, backed by an open-source, decentralised custody partner. This emphasis on security is supported by additional features that prevent you from falling victim to rug-pulling scams.

The BitBot trading system runs on lightning-fast, institutional technology and operates entirely through Telegram. It offers the chance to copy some of the best traders in the industry, as well as an in-built referrals system so that you earn more money for introducing your friends. These features suggest a lot of potential to attract new users and for its native crypto token to increase in value accordingly.

Owning the BITBOT cryptocurrency gives you access to revenue-sharing features and a stake in the success of the project, as early holders stand to make the most long term as the bot picks up new users and generates more money for everyone. The token is fully self-custodial, so you have complete control over your money and don’t have to rely on third parties to manage it for you.

Key features

A secure crypto trading bot that gives you full control of your money Fast, convenient trading bot run entirely through Telegram Revenue sharing features, referrals, and perks to attract new investors

Key negatives

Still in presale
Trade Chimpzee More about Chimpzee

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

4. Bitcoin Dogs: First ever Bitcoin ICO and best for dog-loving crypto investors

Wrapped Toncoin
  • Symbol: JTON
  • Market cap: $13,496,231
  • Current price: $0.000005366
  • Founded: 2024
  • Whitepaper

Overview

Bitcoin Dogs is the first ever presale on the Bitcoin blockchain, a BRC-20 crypto in a world dominated by ERC-20 altcoins that use the Ethereum chain.

Bitcoin Dogs is built for dog lovers as well as crypto enthusiasts. There’s going to be a metaverse where you can be part of an online community, as well as the ability to buy or create your own doggy NFTs, then care for them and show them off within a gaming environment.

The Bitcoin Dogs crypto is $0DOG, and there are going to be 900 million created – as that’s the total number of dogs in the world. Owning $0DOG means you can be a part of this canine community, and earn rewards keeping hold of your tokens through a staking scheme as well.

The presale is perfectly timed to take advantage of converging trends. Similar projects, like Bitcoin Cats, have exploded in popularity and seen tens of millions in trading volume within hours of launch, while 2024 is the year of the latest Bitcoin halving, traditionally a great opportunity for investors, and NFTs are tipped for a comeback this year.

All of this makes Bitcoin Dogs our highest rated token this year. The first BRC-20 presale won’t be the last, and the BTC blockchain could become the pre-eminent crypto ecosystem. Bitcoin Dogs is a great way to get in on the ground floor of this new wave of altcoins built on Bitcoin.

Key features

First presale on the Bitcoin blockchain Invest in NFTs and use them in-game Earn staking rewards on $0DOG tokens Trends suggest a Bitcoin boom this year BRC-20 tokens could become the industry standard Similar projects have gone viral in the past

Key negatives

Very early stages of presale Limited features at this point in the roadmap
Trade Wrapped Toncoin More about Wrapped Toncoin

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

5. Memeinator: Best for leveraging AI & social hype into regular price rises

MMTR/USD
  • Symbol: MMTR
  • Market cap: $6,500,000
  • Current price: $0.0276
  • Founded: 2023
  • Whitepaper

Overview

Memeinator is a next generation meme coin, designed to destroy all other memes by attracting investors with a powerful marketing campaign and a host of exciting perks. During the Memeinator presale, early investors benefit from guaranteed price rises every at regular intervals. From there, the goal is to reach a $1bn market cap, then to become the biggest meme in the world.

The path to that destination is littered with intriguing product upgrades to give MMTR tokens a variety of use cases. A staking protocol is part of the early stage launch, while the Memeinator game and NFTs follow soon afterwards. All of these provide utility for the MMTR token, increasing demand and driving up the value.

This desire to create real use cases for the Memeinator token is part of what makes it stand out compared to other memes, where there is little to no practical reason to hold the coins. Likewise, the developers moved early to have the project audited by third party blockchain security experts, Solid Proof. Robust security along with practical value makes Memeinator one of the top investment options this year.

Key features

Regular price increases throughout presale A meme token with utility, in staking, gaming, and purchasing NFTS Audited by third party security programmers

Key negatives

Very early in the project's development
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51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

6. Metacade: Best for crypto gaming, play-to-earn rewards & exclusive tournaments

Metacade
  • Symbol: MCADE
  • Market cap: $10.49M
  • Current price: $0.007882352731
  • Founded: 2023
  • Whitepaper

Overview

Metacade is the best new crypto gaming platform, a virtual arcade that combines the best of GameFi with the latest metaverse technology. On Metacade you don’t pay to play, you play-to-earn on the latest blockchain games.

New games are added all the time, while there’s also the opportunity to make your own, using a create-to-earn model where you make money based on how many other people play your game. There’s more, too, as MCADE tokens are your ticket to compete-to-earn tournaments and prize draws where you can win exclusive prizes.

All of this is set in a community-driven metaverse that shares many characteristics with a social network. There’s the opporutnity to network with like-minded people, while the future is set to include the possibility to literally buy virtual land parcels within this world. That could drive the hype around MCADE to new levels and the value of the token to all time highs.

Key features

Combines play-to-earn, compete-to-earn, and create-to-earn models into one single package Use your unique skills as a gamer or a developer to earn MCADE Access a virtual hangout to network with other blockchain and gaming fanatics

Key negatives

Limited games on the platform for now
Trade Metacade More about Metacade

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

7. Elastos: Best for a secure & scalable decentralised exchange

Elastos
  • Symbol: ELA
  • Market cap: $49.27M
  • Current price: $2.23
  • Founded: 2018
  • Whitepaper

Overview

Elastos is a decentralised, open-source platform that aims to provide a secure and trusted environment for running decentralised applications (dApps) and services. On Elastos, the applications and data are separated from the underlying network, which serves to enhance security, privacy, and scalability.

The ELA token is the native token of the Elastos ecosystem. It’s used to pay transaction fees, earn passive income, and for accessing and using services within the Elastos protocol.

ELA represents ownership in the Elastos ecosystem, allowing users to have control over their digital assets and participate in peer-to-peer transactions. The ELA crypto has grown quickly over the past few months, reaching close to all time highs.

Key features

Elastos provides a decentralised internet infrastructure for running dApps and services Elastos promotes cross-chain interoperability, facilitating the flow of assets and data between different blockchain networks Elastos enables users to have true ownership and control over their digital assets

Key negatives

Complex tokenomics can make it hard to understand
Trade Elastos More about Elastos

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

8. Solana: Best for an Ethereum competitor with a fast, scalable blockchain

Solana
  • Symbol: SOL
  • Market cap: $72.36B
  • Current price: $155.92
  • Founded: 2020
  • Whitepaper

Overview

Solana is a high-performance blockchain platform designed for decentralised applications (DApps) and crypto-native projects. It aims to provide fast and scalable solutions for developers and users, with an infrastructure capable of facilitating high-volume transactions.

Solana is different because of its high performance and scalability. Its smart contracts boast unique technology to process thousands of transactions per second, making it one of the fastest blockchain platforms. This has a knock-on effect on transaction costs as well, which are much lower than on other networks.

Low costs and faster speeds can encourage wider adoption of dApps and support more use cases, allowing for more innovation in DeFi, gaming, NFTs, and throughout the crypto space. That paves the way for the SOL token to increase in value significantly over the next few years.

Key features

Solana can process a large number of transactions per second, making it attractive to developers and users alike It offers a developer-friendly environment with support for multiple programming languages Lots of dApps are built on the Solana blockchain already

Key negatives

Lots of competitor coins offer a similar service Solana has experienced significant downtime issues in the past
Trade Solana More about Solana

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

9. Binance coin: Best for trading discounts on the most popular crypto exchange

BNB
  • Symbol: BNB
  • Market cap: $85.34B
  • Current price: $578.23
  • Founded: 2017
  • Whitepaper

Overview

Binance coin is a cryptocurrency that was launched by the Binance exchange in 2017 to serve as the native coin of the Binance ecosystem. It plays a vital role within the Binance exchange, providing discounts and incentives to people who use its services to access the crypto markets.

Primarily, BNB is a utility token on Binance cryptocurrency exchanges, where it’s used to pay trading fees, participate in token sales, and to access certain features and services. Its main use is to pay those fees, because BNB holders get a discount that gradually decreases over time.

All of this serves to make BNB a hugely important and popular crypto, because so many people use Binance as their primary cryptocurrency exchange. The success of the token is tied to the success of the crypto exchange, and both have done very well so far.

Key features

Tangible value and demand for the token because of its links to Binance Used to pay trading fees and for discounted trading on the Binance exchange BNB holders get can invest in token sales on the Binance Launchpad

Key negatives

Binance has run into regulatory problems of late
Trade BNB More about BNB

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

10. Jupiter. Best DEX on Solana

Jupiter
  • Symbol: JUP
  • Market cap: $1.17B
  • Current price: $0.87
  • Founded: 2024
  • Whitepaper

Overview

Jupiter coin is the native cryptocurrency that powers the Jupiter protocol, a decentralised exchange built on the Solana blockchain. The project aims to revolutionise cryptocurrency swapping. 

JUP plays a vital role within the Jupiter ecosystem by allowing holders to participate in governance and vote on the exchange’s future path. Although not mandatory for basic swaps, you can use JUP to pay transaction fees on the platform. 

As decentralised finance gains momentum, user-friendly platforms like Jupiter are well-positioned for growth. With the recent rise in popularity of Solana meme coins resulting in more transactions on Jupiter, holding JUP tokens could be prudent.

Key features

Facilitates fast and low-cost cryptocurrency swaps on the Solana blockchain. Offers a user-friendly interface for decentralised trading. Grants holders governance rights to shape the future of the Jupiter DEX.

Key negatives

Since Jupiter is a DEX, users are responsible for the security of their own funds.
Trade Jupiter More about Jupiter

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

11. Bitcoin: Best crypto for a long term store of value

Bitcoin
  • Symbol: BTC
  • Market cap: $1.25T
  • Current price: $63,284.81
  • Founded: 2010
  • Whitepaper

Overview

Bitcoin is the oldest and most popular cryptocurrency, with the widest adoption among financial institutions and the general public. It’s already the most valuable crypto but it remains one of the best coins to buy because it has such support, along with a variety of use cases.

Bitcoin can be used to buy goods and services in store and online. Over the years, more businesses have started to accept Bitcoin as a payment method, and this trend continues apace. It can also be used as a store of value, either within decentralised or traditional finance, where there are many trusts and ETFs that allow you to hold Bitcoin through regular channels.

A big part of this value is to do with the fact that Bitcoin supply is capped. The total number of Bitcoins that can ever exist is 21 million. This scarcity is built into the system, which serves to maintain and increase the value of each coin over time.

Key features

Bitcoin was the first cryptocurrency and remains the most popular The total supply is limited which creates natural scarcity and value Bitcoin is widely accepted as a means of payment in-stores and online

Key negatives

Already very popular which may limit future growth
Trade Bitcoin More about Bitcoin

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

12. Ethereum: Best for Layer 1s and investing in the entire crypto altcoin ecosystem

Ethereum
  • Symbol: ETH
  • Market cap: $407.23B
  • Current price: $3,387.47
  • Founded: 2015
  • Whitepaper

Overview

Ethereum is another hugely popular cryptocurrency and acts as the building block for an entire network of decentralised applications. Many popular crypto projects are built on Ethereum blockchain technology, including much of the decentralised finance (DeFi) world.

The sheer mass of projects built on Ethereum and its pre-eminence as the best smart contract platform means it remains one of the best cryptos to invest in. Over time, it may close the gap to Bitcoin as the blockchain develops and grows to become capable of processing even more transactions and performing more complex tasks.

Similar to Bitcoin, ETH can be seen as a store of value and as an investment asset. Many people hold ETH as a long term investment as it straddles the crypto and blockchain space. It’s perhaps the best crypto to buy now if you’re interested in smart contracts and using blockchain technology to create a better world.

Key features

Ethereum is the leading platform for developers to create and deploy smart contract applications Ethereum is now capable of processing more transactions than ever thanks to the merge It’s a versatile platform, capable of hosting apps in finance, gaming, supply chain management, non-fungible tokens, NFT marketplaces, and more

Key negatives

There are lots of potential 'Ethereum killers', claiming to be faster, cheaper, and more scalable
Trade Ethereum More about Ethereum

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

13. The Graph: Best for a pioneering blockchain search engine

The Graph
  • Symbol: GRT
  • Market cap: $2.03B
  • Current price: $0.21
  • Founded: 2020
  • Whitepaper

Overview

The Graph is a large cap penny crypto that provides decentralised app (DApp) developers with powerful tools and infrastructure to access blockchain data, making it easier to build DApps that require live data to run.

The Graph operates on a decentralised network of nodes, ensuring constant data availability, censorship resistance, and network scalability. People who provide computer power to act as nodes earn GRT tokens as rewards for indexing and serving data.

It’s hugely important for blockchain apps to be able to access live, reliable real-world data. Each app can stake more GRT tokens to influence the importance and priority of their requests, which means that the more people who start to use The Graph, the more valuable the coin becomes.

Key features

‘The Google of the blockchain’ helps blockchain apps access reliable data Data requests are secure, decentralised, and censorship-resistant The Graph provides developers with user-friendly tools and support to build data-rich decentralised applications

Key negatives

Relies on other blockchains for its value
Trade The Graph More about The Graph

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

14. Shiba inu: Best meme coin for a 'Dogecoin Killer' with genuine utility

NicCageWaluigiElmo42069Inu
  • Symbol: SHIB
  • Market cap:
  • Current price: $0.000132928898
  • Founded: 2020
  • Whitepaper

Overview

Another canine-themed cryptocurrency, Shiba Inu was launched in August 2020 by an anonymous person known as Ryoshi. The project is described as an ‘experiment in decentralised spontaneous community building.’ The token has also been declared the ‘Dogecoin killer’ by the Shiba Inu developer team.

Following in the footsteps of Dogecoin, Shiba Inu token has managed to latch onto a lot of the meme coin hype driven by Musk. In fact, before his Saturday Night Live TV appearance in 2021, the coin surged in value by more than 300%, so a single Shiba Inu token was worth $0.0000034, at that point it’s all time high, demonstrating its potential for lucrative gains.

Running on the Ethereum blockchain, the Shiba token has secured major listings on both Binance and Coinbase. In addition, the project’s very own decentralised exchange (DEX), ShibaSwap, has become a popular place to exchange tokens, stake SHIB coin, and farm for BONES – a new token.

Key features

An active community has backed the coin since the very beginning Shiba has its own decentralised exchange, ShibaSwap It’s trying to create its own ecosystem, fuelled by the Shiba token

Key negatives

There's no cap on Shiba tokens so inflation can wipe away your value
Trade NicCageWaluigiElmo42069Inu More about NicCageWaluigiElmo42069Inu

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

15. Filecoin: Best Web 3.0 crypto for breaking big data monopolies with decentralised file storage

Filecoin
  • Symbol: FIL
  • Market cap: $2.54B
  • Current price: $4.44
  • Founded: 2017
  • Whitepaper

Overview

Filecoin is a decentralised storage provider, designed to create a global marketplace for storing and retrieving data. The Filecoin network aims to provide a secure and efficient solution for file storage based on the principles of Web3, using blockchain technology to run a decentralised storage network.

Filecoin employs a market-driven approach to storage services, so that people who want to store data on the network pay FIL tokens to those willing to supply their spare disk space. The actual data is stored, encrypted and replicated using novel consensus mechanisms called Proof of Replication (PoRep) and Proof of Spacetime (PoST).

Decentralised data storage like this is a direct challenge to the traditional Web 2.0 structure of the modern internet, where storage is dominated by centralised companies in the form of Amazon Web Services, Google Cloud, and Microsoft Azure. That makes Filecoin one of the most exciting Web3 coins to invest in today.

Key features

Filecoin creates a decentralised marketplace for storing and retrieving data It uses unique technology to ensure data integrity and security, as well as to offer incentives to storage providers There’s a decentralised marketplace based around the FIL token that allows users to choose storage providers based on competitive pricing

Key negatives

Filecoin's success relies on greater blockchain adoption
Trade Filecoin More about Filecoin

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

16. Axie Infinity: Best for breeding & battling your own NFTs in-game

Axie Infinity
  • Symbol: AXS
  • Market cap: $866.92M
  • Current price: $5.86
  • Founded: 2020
  • Whitepaper

Overview

Axie Infinity is a blockchain-based game that combines elements of strategy, collectibles, and blockchain technology. It features cute and unique creatures called Axies, which players can collect, breed, battle, and trade, and a pioneering play-to-earn (P2E) model.

Play-to earn means that players can earn in-game rewards and cryptocurrencies (AXS and SLP tokens) by playing the game and participating in battles. These rewards can be sold or used to acquire more Axies, creating opportunities for income generation.

The Axies themselves are non-fungible tokens (NFTs) based on the Ethereum blockchain. Each Axie is represented as an NFT, giving players control over their digital assets. Players can buy, sell, and trade Axies on the marketplace, creating a vibrant virtual economy.

The value of Axie Infinity’s native token, AXS, experienced a significant surge in 2021, reflecting the game’s growing user base, the popularity of its P2E model, and its prominence in the blockchain gaming industry. It has continued to introduce new features and game modes, and innovate within the blockchain gaming space, ever since.

Key features

Axie Infinity allows players to earn AXS tokens by playing the game It uses NFTs to create provable scarcity of Axies and in-game assets, enhancing their value and tradeability Axie Infinity has a vibrant and supportive community that fosters social interactions, collaborations, and guilds

Key negatives

Axie has experienced hacks in the past
Trade Axie Infinity More about Axie Infinity

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

17. Arweave: Best coin for long term data storage

Arweave
  • Symbol: AR
  • Market cap: $1.85B
  • Current price: $28.12
  • Founded: 2020
  • Whitepaper

Overview

Arweave is a decentralised storage network which offers permanent and immutable data storage. Using ‘blockweave’ technology, Arweave incentivises users to store data long-term, addressing problems with traditional web hosting. Its recent price surge makes it an interesting project in 2024.

Arweave’s primary use is as a “permaweb” – a decentralised web where websites and applications can persist indefinitely. This solves issues like data censorship, broken links due to deleted pages, and the risk of centralised servers going offline. Arweave also allows for tamper-proof data storage applications like secure documents or asset registries.

As individuals and businesses seek greater control over their digital footprints, projects like Arweave are well-positioned. Its unique approach to incentivising storage creates a self-sustaining network that could drive greater demand for the AR token.

Key features

Arweave's unique structure ensures data stored on the network is immutable Arweave offers increased security and resilience compared to traditional centralised storage solutions Arweave's system for incentivising long-term data storage creates a self-sustaining network

Key negatives

The upfront cost of storing data on Arweave could be a barrier for some
Trade Arweave More about Arweave

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

18. Toncoin: Best telegram linked token

Wrapped Toncoin
  • Symbol: JTON
  • Market cap: $19,127,527,809
  • Current price: $5.51
  • Founded: 2021
  • Whitepaper

Overview

Toncoin is the native token of the Open Network blockchain, a project conceived by the creators of the popular Telegram messaging app. Focused on scalability and speed, TON aims to facilitate frictionless transactions, even in situations of heavy network traffic.

TON prioritises user-friendly applications emphasising decentralised finance, payments, and the creation of Web 3.0 experiences. It addresses the issues of slow transaction speeds and high fees commonly found in older blockchains. TON’s architecture could facilitate the development of large-scale decentralised apps appealing to mainstream users.

TON’s success hinges on its ability to attract developers and build a thriving ecosystem of applications built on its platform. If it can attract developers and build an ecosystem demand for the TON token, used for paying network fees, could increase significantly. Its connection to Telegram also provides a large potential user base.

Key features

The TON blockchain is designed to handle a high volume of transactions quickly TON's integration with the popular Telegram app provides a massive potential user base to tap into. ON is attracting developers and projects, signaling a growing network of applications and uses.

Key negatives

TON's regulatory status in various jurisdictions may be an area of concern for some investors.
Trade Wrapped Toncoin More about Wrapped Toncoin

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

19. Bonk: Best meme on Solana blockchain

Bonk
  • Symbol: BONK
  • Market cap: $1.87B
  • Current price: $0.000027185953
  • Founded: 2022
  • Whitepaper

Overview

BONK is a meme coin inspired by Shiba Inu and is one of the first Solana based dog coins. In 2024, BONK has been one of the fastest growing cryptocurrencies with its explosive growth fueled by community enthusiasm and social media buzz. 

Unlike most meme coins that provide very little utility, BONK is integrated into various Solana ecosystem incentives. This includes NFT projects, games, and decentralised exchanges. This creates potential use cases for the token, although its primary purpose remains as a community driven project. 

Just like most memes, BONK’s potential relies on its ability to sustain its rise and maintain community interest. Meme coins are notoriously volatile and sudden drops in value are as common as quick rises. 

Key features

BONK is backed by a passionate community Bonk benefits from being part of the fast and scalable Solana blockchain ecosystem Developers have integrated BONK into Solana based projects Meme coins can experience rapid gains based on hype

Key negatives

Meme coins are extremely volatile and prone to sudden crashes in value
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51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

20. VeChain: Best coin combining blockchain and IoT

VeChain
  • Symbol: VET
  • Market cap: $2.63B
  • Current price: $0.03
  • Founded: 2017
  • Whitepaper

Overview

VeChain is an established blockchain platform that focuses on supply chain management and other solutions for businesses. It has a dual token system (VET and VTHO)  and combines blockchain with Internet of Things (IoT) technology to track and verify products and as they move through global supply chains. 

The platform helps businesses tackle issues like counterfeiting and lack of transparency in the supply chain. It also helps companies track their carbon footprint for environmental sustainability. 

VeChain offers real world applications and has already partnered with companies like Walmart China, and BMW. If VeChain continues to expand its ecosystem, demand for its tokens will likely increase.

Key features

VeChain has existing use cases in supply chain management VeChain has partnered with major companies like Walmart China and BMW VeChain's emphasis on businesses provides a defined market with significant potential for adoption

Key negatives

VeChain faces competition from other blockchain platforms and supply chain solutions
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51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

21. Pepe Coin: Best frog based meme coin

Pepe Coin
  • Symbol: PEPE
  • Market cap: $3,540,371,599
  • Current price: $0.000000000895
  • Founded: 2023
  • Whitepaper

Overview

Based on the ‘Pepe the Frog’ character, Pepe is a cryptocurrency that has experienced significant growth in 2024. The meme coin focuses on NFTs and the creation of unique digital assets. 

As a meme coin, Pepe provides little real world value, but like similar tokens, has a large and driven community of holders. Its NFTs function as social tokens, allowing creators, collectors and supporters to connect and monetise their interests. 

Despite already being one of the fastest growing cryptocurrencies, Pepe could potentially continue to grow further. Although much of its value is closely tied to its popularity and demand for Pepe-themed NFTs. 

Key features

The growing popularity of NFTs could benefit Pepe as it offers digital collectibles tied to meme culture Pepe has support from a dedicated community Meme trends can lead to rapid surges in popularity and potential short-term gains

Key negatives

Beyond its role as a social token and collectible, Pepe's current utility remains limited.
Trade Pepe Coin More about Pepe Coin

51% of retail CFD accounts lose money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

What counts as a fast growing cryptocurrency?

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Any cryptocurrency that has grown a lot in value over a short space of time. In our rankings, we’ve used a combination of 7-day, 30-day, and 6-month timeframes to create a list of the fastest growing coins.

These cryptos cover a range of sectors, and all kinds of different types of coin can suddenly surge in value. The longer the time span you look at, the more sustainable the increase might be. But of course you might miss out on the biggest gains if you only look at long term time horizons.

How to identify the best growing cryptocurrency protocols

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As well as a variety of timescales, we used a few other features to identify where momentum in the crypto market lies. Here are the primary ones:

Token supply

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The fastest growing cryptocurrencies that are soaring in value usually combine high demand with limited supply. We took the total maximum supply of a coin into account when picking out the fastest growing cryptocurrency tokens.

Those coins with unlimited supply usually can’t sustain their price increases, and may not be a good investment for the average crypto enthusiast. Coins with deflation or burning mechanisms built in have a better chance to keep up the price surge.

Hype and popularity

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Everyone needs a hype man, and cryptocurrencies are no different. The hype can be a good way to identify whether a token is part of a legit project or not. People who like the way something works tend to shout about it, and it’s a great sign if a crypto coin is growing fast and has an army of loyal supporters.

Native crypto tokens backed by vocal support and high trading volume often become one of the fastest growing cryptocurrencies when they’re released into the wild.

Age of the project

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Prominent cryptocurrency tokens that have just started out can often see large, rapid increases in price. Usually, this means coins that have just come out of crypto presales to be listed on crypto exchanges for the general public to invest in.

New tokens can often be part of genuinely revolutionary projects as well. Crypto is a dynamic space where advanced blockchain technology, based on proof of stake mechanisms, is being developed all the time. That’s what we’re looking for to find cryptos that have the potential to keep growing fast.

Use cases

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Almost all crypto protocols tie the value of their token to the success or adoption of the project behind it. While ‘meme’ coins can see massive price rises without anything to back it up, the real success stories in crypto markets tend to have some kind of new technology at the heart of them.

How to find the fastest growing cryptocurrency assets

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You can easily identify one of the fastest growing coins on a given day on any price comparison site, like CoinMarketCap. On top of that, there are some other specific ways to find good, sustainably fast growing crypto coins.

  • Use price comparison sites. With a site like CoinMarketCap you can look at token price and market capitalization rises on different timescales, from 1 minute to 30 days, 6 months, or more. It’s an easy way to find coins that are surging in value and those which have kept it up for a while.
  • Set up price alerts. There are crypto apps you can use to watch coins and send push alerts whenever the price rise crosses a certain threshold. This can be the quickest way to find out which coins are on the rise.
  • Follow crypto influencers on social media. There’s a lot of noise on Twitter, but if you follow people whose opinions you trust, it’s a real-time look into projects on the move. Crypto traders are a great source of information, because they study price charts all the time.
  • Keep tabs on presales. Presales are an early access window into new crypto projects. When coins are first released, they go through a presale process. The success of this period can be an insight into whether the crypto has got momentum, as well as a way to get in well before the price rise hits in earnest.

Conclusion

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It’s relatively simple to find rising crypto tokens by using price comparison sites, social media platforms, and price alerts. But you still need to sort the wheat from the chaff, separating projects that are growing quickly but are a money trap from those that can sustain it.

Our experts have picked out Chancer, Metacade, and AltSignals as the fastest growing crypto coins. These have grown rapidly this year but look like they have the innate quality to sustain that in the weeks and months ahead. There’s still time to get in early and take advantage of that growth in value.

Find the fastest growing cryptos

FAQs

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Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.