9 best utility tokens to buy in June 2024

Our experts pick the 9 top utility tokens that combine strong foundations, unique tech and the highest upside for the future.
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Updated: Apr 10, 2024
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With so many different crypto projects available today, it’s never been more important to invest in the best crypto coins. 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 9 crypto utility tokens with the most potential to help you make the best investment decisions. Compare the leading lights with the latest projects to find the 9 best utility tokens to buy today.

Top 9 best utility coins to buy now

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  1. Bitcoin Dogs: First ever Bitcoin ICO and best for dog-loving crypto investors
  2. BitBot: Best for exclusive perks & revenue sharing
  3. AltSignals: Best for highly rated decentralised crypto signals
  4. Chancer: Best for creating your own crypto betting markets
  5. Metacade: Best for crypto gaming, play-to-earn rewards & exclusive tournaments
  6. Ethereum: Best for Layer 1s and investing in the entire crypto altcoin ecosystem
  7. Binance coin: Best for trading discounts on the most popular crypto exchange
  8. Decentraland: Best for gaming inside the metaverse
  9. Bitcoin: Best crypto for a long term store of value

Summary of the best utility tokens

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RankUtility tokens listSymolPriceMarket cap
1Bitcoin Dogs0DOG$0.000005366$13,496,231
2BitBotBITBOT$0.0148$2,132,258
3AltSignalsASI$0.02085$4,303,265
4ChancerCHANCER$0.002636$3,673,500
5MetacadeMCADE$0.02$26.37m
6EthereumETH$3,507$241bn
7Binance coinBNB$586$87bn
8DecentralandMANA$0.59$1.1bn
9BitcoinBTC$68,785$1.3tn

Detailed reviews of the best utility tokens 2024

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1. 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

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. 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

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3. AltSignals: Best for highly rated decentralised crypto signals

ASI finance
  • Symbol: ASI
  • Market cap: $4,303,265
  • Current price: $0.02085
  • Founded: 2023
  • Whitepaper

Overview

With AltSignals new crypto token, ASI, you can join a crypto signals platform with a proven track record of success. AltSignals has been providing crypto trading signals since 2017, creating value for a user base that rates it at an average of 4.8 stars on Trustpilot.

AltSignals uses a combination of artificial intelligence, machine learning, and natural language processing to provide its signals. ASI token holders receive the very best of these signals from the latest technology, a unique AI algorithm that has been christened AltAlgo.

On top of that, owning the ASI token grants you access to an exclusive members club, where you receive signals directly on TradingView, showing clear buy and sell signals that can be copied directly to your trading account. Inside the club, you can test out new features before they’re released to the general public and suggest any new tools you think would be worth introducing.

Key features

Get trading signals based on advanced AI and machine learning algorithms Invest in ASI to get exclusive access to unique features and new tech A great trading signals service even if you have never traded before

Key negatives

Have to be a subscriber to get the best signals
Trade ASI finance More about ASI finance

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

4. Chancer: Best for creating your own crypto betting markets

CHANCER/USD
  • Symbol: CHANCER
  • Market cap: $3,673,500
  • Current price: $0.002636
  • Founded: 2023
  • Whitepaper

Overview

The decentralised predictions platform, Chancer, is our expert pick as the best crypto coin to buy in 2023. Chancer allows you to create your own markets and make predictions on events created by the community. It’s the ‘Bet365 of the blockchain’, a platform that tilts the prediction market power back towards individual users.

When you own the CHANCER token, you have the ability to set up live prediction markets on any event, whether it’s live TV, the latest Premier League game, or anything else that springs to mind. You set the rules, you set the payouts, and then you can place your wager along with everyone else on the platform.

The community is a big part of Chancer’s early success, because it recreates the social aspect of betting that has made it so popular for centuries in an offline world. You can even live stream your markets, creating a unique opportunity to share the thrill of the bet with the Chancer community.

Key features

Bet tokens on live markets created by the community Create your own betting markets on any event and spread the word to earn rewards Earn more tokens from successful predictions

Key negatives

Still in the early stages of development
Trade More about

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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

Metacade
  • Symbol: MCADE
  • Market cap: $11.45M
  • Current price: $0.008602843862
  • Founded: 2022
  • 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

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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

Ethereum
  • Symbol: ETH
  • Market cap: $453.18B
  • Current price: $3,771.91
  • Founded:
  • 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

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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

BNB
  • Symbol: BNB
  • Market cap: $92.66B
  • Current price: $627.86
  • Founded:
  • 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

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

8. Decentraland: Best for gaming inside the metaverse

Decentraland
  • Symbol: MANA
  • Market cap: $860.72M
  • Current price: $0.45
  • Founded:
  • Whitepaper

Overview

Decentraland is a decentralised virtual world built on the Ethereum blockchain. It enables users to create, explore, and monetize digital content and experiences within a virtual reality environment. Decentraland uses blockchain technology to ensure true ownership and scarcity of virtual land and assets.

Decentraland is a detailed metaverse that incorporates land ownership, content creation, and an entire in-world economy based around the MANA token. The virtual metaverse world of Decentraland is divided into parcels of virtual land called LAND. Each LAND parcel is represented by a non-fungible token (NFT) on the Ethereum blockchain, allowing users to own, buy, sell, and trade metaverse plots securely.

LAND is at the centre of the whole ecosystem, and each user has the ability to purchase a piece of land within one of the Decentraland servers, then develop interactive 3D scenes and experiences on that land using a native scripting language called Decentraland SDK. These creations can range from art installations and games to virtual shops and social spaces.

All you have to do is create your own avatar to interact with the Decentraland metaverse. You can explore the various virtual environments, interact with other users, attend events, and participate in activities. You can also buy virtual land, assets, and services using MANA, or monetise your creations by selling or leasing them to other users.

Decentraland is governed by a decentralised autonomous organisation (DAO), called the Decentraland Foundation. Owning MANA entitles you to participate in the DAO’s decision-making process and influence the development and direction of the virtual world.

Key features

True ownership and secure transactions using blockchain technology. Creative freedom and the ability to build unique 3D experiences within virtual land parcels. Use MANA to buy and sell virtual land or monetise your creations

Key negatives

The NFT and metaverse space is very competitive
Trade Decentraland More about Decentraland

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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

Bitcoin
  • Symbol: BTC
  • Market cap: $1.37T
  • Current price: $69,455.74
  • Founded:
  • 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

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

What are utility tokens?

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Utility tokens are a type of cryptocurrency that grants holders access to certain products, services, or functionalities within a specific blockchain platform or ecosystem.

They are designed to provide utility or usage rights within a decentralised network or platform. Many of the best crypto utility tokens can allow you to purchase certain products, offer access to exclusive features, voting rights, or provide discounts on products and services.

These types of crypto tokens stand in contrast to purely speculative tokens, like meme coins, which serve no actual purpose.

How many crypto utility coins are there?

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There are about 9,000 digital tokens in circulation, and it’s estimated that about half of these are utility tokens. A lot of these projects might not still be in active development, though, as it’s very easy to create a new utility coin and many of them end up fading away into obscurity.

How to find the top utility tokens

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Finding the best utility tokens requires careful research and consideration. Here are some steps you can take to identify promising utility tokens:

  • Understand the project. Research the crypto project or platform that the native utility token is associated with. Look for information about its goals, team, technology, and potential use cases, such as whether it’s built on Ethereum (an ERC 20 token) or other blockchain networks. Most utility tokens publish this in a whitepaper or in documentation that you can use to gain insights into its utility token’s purpose.
  • Analyse the economics of the token. Examine the tokenomics of the utility token, including its supply, distribution, and any mechanisms for how it works and what it’s used for. Consider factors such as total token supply, token release schedules, and potential token burn or buyback mechanisms.
  • Evaluate adoption and partnerships. Assess the level of adoption and partnerships that the project has gained. Look for partnerships with reputable companies, collaborations with other crypto projects or networks, and indications of real-world usage or interest from users and developers.
  • Study the community and governance. Evaluate the strength and activity of the native utility token and its community. Popular crypto tokens have the best chance of success, so engage with the community through forums, social media, or official channels to gauge the level of support and engagement. Assess the governance model of the project to understand how decisions are made and how community input is considered.
  • Consider market trends and analysis. Review market trends, including the overall sentiment towards crypto utility tokens and the specific sector or industry the project operates in. Stay informed about regulatory developments and any potential risks or challenges that may impact the utility token’s future prospects.
  • Seek expert opinions and research. Consult reputable sources, industry experts, and analyst reports to gather insights and perspectives on the utility token and the associated project. Consider multiple viewpoints to form a well-rounded understanding. You can use social media or online message boards to find this information for popular utility tokens.
  • Exercise caution and do due diligence. Investing in crypto utility tokens carries risks, including market volatility, regulatory uncertainty, and project-specific risks. Perform thorough due diligence, assess your risk tolerance, and consider seeking professional financial advice before you buy utility tokens.

Conclusion

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The best utility tokens have a clear purpose that allows you to use it within a particular project or blockchain. It might grant you access to exclusive features or it might simply be a means of paying for transactions on a network.

When you look for a top utility crypto, the key thing to consider is what it’s actually used for. Our experts have picked out Chancer as one of the best utility coins because owning it grants you access to a range of features on the prediction market platform, such as creating your own markets and placing bets.

Find the best utility tokens now

FAQs

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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.