Now that the market is showing signs of recovery in 2024 following the ‘crypto winter’ of 2022, interest in crypto from beginner level investors is spiking again – with new traders seeking out the next big cryptos that could outperform and be easy to manage as investments in the next crypto bull run.
In this guide, we will review some of the best beginner cryptocurrency options, their scope for growth in the upcoming months and how to get started with crypto trading.
Best Beginner Cryptocurrency Projects
- Pepe Unchained – Beginner Crypto with High Potential Still in its Presale Stage
- Crypto All-Stars – Beginner-Friendly Crypto Combining Top Meme Coin Mascots
- The Meme Games – Beginner Crypto Blending Olympic Themes with Leading Memes
- Shiba Shootout – Beginner-Friendly Cowboy-Inspired Crypto
- Base Dawgz – Beginner-Friendly Multichain Crypto
- Mega Dice – Best GameFi Crypto for Beginners
- Tamadoge – P2E Project With Unique Memecoin Status and Utility
- Polkadot – Promising Cryptocurrency For Beginners
- Myro – Beginner-Friendly Memecoin with a Lot of Potential
- Ethereum – Safest and Historically Successful Cryptocurrency for Beginners
- Cardano – Possible Top Gainer in the Upcoming Months
- Binance Coin – Most Reputed Exchange’s Native Token for Beginner Investors
Best Beginner Crypto Coins To Invest In – Full Reviews
In this section, we will study what each project exactly does, and their status when it comes to price or potential growth. Read the descriptions to find out which cryptocurrency project would be most suitable for you to purchase as a beginner.
Pepe Unchained – Beginner Crypto with High Potential Still in its Presale Stage
With the popular Pepe project taken as reference, the Pepe Unchained project was launched recently and has been welcomed by the memecoin community. The presale has already raised upwards of $400k and is quickly inching towards reaching the target price of the ongoing presale stage.
The Pepe Unchained project has growth potential that is often not discussed in depth. The idea behind Pepe Unchained is to create a more advanced and exciting version of the original Pepe project, which is currently slow and expensive in terms of transactions. To address this, developers have integrated a Layer 2 solution into the Pepe Unchained ecosystem. This is introduced through an engaging storyline, where Pepe the mascot is initially shackled by the limitations of its old and rusty blockchain but then overcomes this limitation by breaking the shackles and adopting the Layer 2 concept.
Pepe Unchained can be an excellent beginner crypto, especially for those looking to invest in memecoin projects with potential value increases in the future. For starters, it is still in the presale stage and has already garnered popularity as one of the best presales in the space at the moment. Additionally, there is a strong likelihood that the project may see even more growth once it starts getting covered by leading crypto influencers on a larger scale, which, given its surging publicity, seems highly likely. 99Bitcoins has talked about this token’s potential to lead the bull market.
The project also offers impressive staking rewards for those who wish to stake their tokens. However, this is limited to presale buyers, making the token even more in demand. Priced at just $0.008 at the moment, this inexpensive crypto could end up being a top gainer in the future, making it an excellent beginner crypto to consider investing in for both the short term and the long term within the memecoin space.
Crypto All-Stars – Beginner-Friendly Crypto Combining Top Meme Coin Mascots
The meme coin market is filled with viral tokens, all with the potential to explode when the time arrives. Therefore, beginners have a hard time choosing. Crypto All-Stars is a meme coin project that lets investors get the benefits of all of them through its unique attribute known as MemeVault.
Through MemeVault, Crypto All-Stars allows investors of top meme coins such as Dogecoin or Pepe to stake their tokens and earn rewards in terms of STARS.
This allows Crypto All-Stars to generate interest across multiple meme coin communities, potentially turning the STARS tokens into one token that could be a better alternative than all major meme coins.
This unifying factor has allowed Crypto All-Stars to raise more than $360,000 within a very short time. As the presale continues, it will likely generate interest among other investors as well.
Visit Crypto All-Stars Presale
The Meme Games – Beginner Crypto Blending Olympic Themes with Leading Memes
Beginners looking to get introduced to the concept of presale will respond better if it is gamified. That’s what The Meme Games does. Conducting a mirror-play on the Olympic Games, The Meme Games is a meme coin project introducing a 169m dash inside the blockchain arena featuring the mascots of major meme coins.
The project then introduces the concept of bonus perks tied to the winners of these games. Presale investors can back one of these “meme athletes” as they start the gameplay, and if the chosen athlete wins, they will gain an additional 25% bonus.
While blending memes with a trending concept is nothing new, The Meme Games does so in a way that’s more apparent. Its performance and style could be a good lesson for newcomers who want to learn about presale, gaming, and meme coins all in one go.
Shiba Shootout – Beginner-Friendly Cowboy-Inspired Crypto
With its cowboy themes and simplified concepts that focus on bringing the best to the meme coin space, Shiba Shootout is an easy pick for beginners this year. The project features the imagery of a Shiba Inu gunslinging across the frontier while donning a cowboy hat and aiming to be the best, making it a leading beginner-friendly cryptocurrency this year.
Every aspect of this token, from its lore to its characters, is tied to an underlying utility. The main character, Marshal Shiba, serves as a good branding vehicle. “Shiba Sharpshooter” is a respectful name given to the community’s strongest supporters. The town of Shiba Gulch, which forms the backdrop of this entire project, highlights a possible metaverse.
With such features, it’s no surprise that Shiba Shootout has hit the ground running since its launch. Its way of showcasing the familiar imagery of spaghetti westerns while also featuring a Shiba Inu makes it a project that investors won’t have any problem digesting. For more details about this project, investors should visit shibashootout.com.
Being available as a presale, Shiba Shootout also has viral potential, adding to the long-term prospects of this project.
Base Dawgz – Beginner-Friendly Multichain Crypto
Beginners will find Base Dawgz particularly appealing as it serves as an ideal introduction to the meme coin ecosystem, a sector known for its volatility and dynamic nature. This token is stylish, sleek, and generates an exciting buzz that resonates with the adventurous spirit of investors.
Base Dawgz is developed on the Base blockchain, which not only enhances its initial prospects due to the Base meta narrative but also enables it to be a multi-chain token. Thanks to Wormhole and Portal Bridge, this token is accessible across four different chains: Ethereum, Solana, BNB Chain, and Avalanche. This versatility allows it to interact with the crypto community in various ways. Beginners, in particular, will appreciate the flexibility to choose a chain that suits their needs—like Solana for its speed and low fees, Avalanche for a more utility-focused approach, or Ethereum for those with a preference for the traditional.
Moreover, Base Dawgz offers multiple use cases; currently, the most notable is a reward system that ties airdrops to user engagement. The more users engage with the ecosystem, the more tokens they can earn once the presale concludes.
These factors could significantly bolster the ongoing presale, where Base Dawgz has already raised over $400k. Those interested in exploring this promising project should consider visiting basedawgz.com.
Mega Dice – Best GameFi Crypto for Beginners
Mega Dice stands out as the best GameFi crypto for beginners because of it powering an established crypto casino that took the market by storm post its full launch in 2023.
After rallying the crypto community through its no-ID nature by becoming the first licensed Telegram casino in the world, Mega Dice is now moving towards a decentralized route with its native crypto – $DICE.
DICE is an ERC-20 token developed on the Solana blockchain. This GambleFi crypto gives buyers access to exclusive games, VIP benefits, and multiple rewards. However, holding this token will also give stakers access to dynamic staking benefits where they can share the gains that Mega Dice makes over time.
It follows the same route as other GameFi cryptos, which can lead to it outperforming major assets in the market. Case in point: SCORP, a crypto powering Scorpion Casino, recently concluded its presale and rose by 3x shortly after.
Given Mega Dice’s established status and its progress in the iGaming arena, we can expect it to achieve even higher gains once the ongoing presale concludes.
Tamadoge – P2E Project With Unique Memecoin Status and Utility
As the latest entrant into the Doge ecosystem, Tamadoge’s introduction itself started off with a bang. There was massive hype since its presale earlier this year, and the same interest can be seen among investors and the overall community even today.
Since it had a memecoin feel to it, investors were initially sceptical of Tamadoge, given the scams that were carried out in the industry. A majority of such meme tokens would simply be cash-grab opportunities for the developers. However, it didn’t take long for Tamadoge to prove that it was the exact opposite; infact it was a perfect combination of both memecoin status and high utility at the same time!
Tamadoge is a P2E game platform that is set to introduce a variety of blockchain games in the future. It is also set in the backdrop of its own metaverse, the Tamaverse, where users will be able to mint, breed, nurture over even use their own Tamadoge pets for rewards in the form of native token TAMA. These Tamadoge pets are NFTs which can be bought depending on the preference of the user from NFT marketplaces.
Tamadoge has also set up a massive airdrop of TAMA tokens worth $100K for one lucky user, which also contributed to further driving the token’s demand. The project aims to explore newer and more unique genres too, as the developers have stated several times before. It has an ambitious roadmap and has been delivering as mentioned for the past couple of months.
For a beginner who is looking to park their funds in popular memecoins like DOGE or SHIB, the TAMA token may be a better alternative since it boasts of a better use case and higher growth potential, being a small cap gem at the moment.
Tamadoge started listing on top-tier exchanges in 2023, beginning with BybIt.
📣 #Bybit will list $TAMA on April 27, 8AM UTC in Bybit Spot's Innovation Zone @Tamadogecoin with Spot Grid Bots function also available!
Stay tuned!#TheCryptoArk #BybitSpot #Watch2Earn pic.twitter.com/OSialq5e0J
— Bybit (@Bybit_Official) April 24, 2023
Polkadot – Promising Cryptocurrency For Beginners
Created by Ethereum’s ex-co-founder Gavin Wood, it is deemed to be a cryptocurrency project that may change the way we look at entire blockchain ecosystems today. With Polkadot, you can interoperate a series of specialized blockchains in a sharded network, enabling cross-chain transfers of any type of data or asset, not just tokens.
The project aimed to provide a foundation for a decentralized internet of blockchains, better known as Web3. This is one of the reasons why Polkadot is referred to as a layer-0 meta protocol. It underpins and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). Through its on-chain governance, Polkadot, as a meta protocol, can also update its own codebase autonomously and forklessly.
With it, users can easily create new applications, institutions, and services, and a decentralized web can be supported. With Polkadot Relay Chain, independent blockchains can securely share information and transactions between public and private chains, permissionless networks, oracles, and future technologies.
If all this sounds too complicated for you, let us make put it in a much simpler format. Polkadot is a software that seeks to incentivize a global network of computers to operate a blockchain on top of which users can launch and operate their own blockchains. Essentially, it is a platform where one can build other projects, and create endlessly.
Naturally, it is one of the biggest cryptocurrencies in the entire sector due to its amazing use case and is undoubtedly one of the best assets investors can hold as beginners.
Myro – Beginner-Friendly Memecoin with a Lot of Potential
Myro entered 2024 with a bang and rose high on the price charts. The reason for its ascendence was simple – it is a memecoin. It plays with the same doge-based aesthetics as BONK did when it took the market by storm and is based on the same popular chain that has been coveted by those looking for eco-friendly options and faster transactions – Solana.
Myro, The Solana Dog, has been inspired by the name of the pet of Raj Gokal, one of the founders of the Solana Foundation. Its main aim is to attract whales and institutions to the Solana ecosystem to create prosperity for the Solana community.
In addition to the release of Myro, a Solana BuyBot has also been introduced, which beginners will find attractive as it will allow people to buy Myro and other Solana-based tokens via telegram. The platform is also aiming to introduce a bigger community in the future, which makes it suitable for all types of traders.
This beginner friendly project was quick to climb the price chart as soon as it landed on Solana. And considering it low current price and the simple fundamentals, this project is good for those looking for simplicity from the Solana community.
Ethereum – Safest and Historically Successful Cryptocurrency for Beginners
Anyone who has even a little knowledge of the market would have come across the Ethereum cryptocurrency at least once. It is not only one of the most popular projects in the space but is also the second-largest token in terms of market cap after Bitcoin. Ethereum can be considered one of the first cryptocurrency projects to have gone mainstream after BTC and has remained that way for a while now.
Created in 2015 by Vitalik Buterin, Ethereum is a decentralized open-source blockchain system, which was created to facilitate the functioning of several other decentralized smart contracts. It features the native token ETH, which has historically been one of the most profitable tokens to invest in in the last 5 years.
Ethereum was first explained to the general public in a 2013 whitepaper by the founder Vitalik Buterin. The project was funded in a public crowdfunding event in the summer of 2014 by Buterin and other co-founders. During the Initial Coin Offering (ICO), the project team raised $18.3 million in Bitcoin, and Ethereum’s price was $0.311, with over 60 million Ether sold. In terms of Ethereum’s current price, this would equate to an annualized return on investment (ROI) of almost 270% since the summer of 2014.
At the time of writing, Ethereum stands alone as the number one smart contract facilitator and is speculated by most of the community to eventually even overtake the frontrunner crypto Bitcoin. While there are other excellent small-cap options too, that can give better profits like Dogecoin20, it is always a good idea to hold a large-cap project like ETH in your portfolio too.
Cardano – Possible Top Gainer in the Upcoming Months
Cardano was the brainchild of another Ethereum co-founder Charles Hoskinson, who had left the latter to create his own ecosystem after a fallout with Vitalik Buterin. It initially started off slow but has now gained recognition as one of the most promising assets in the entire crypto industry. This shouldn’t come as a doubt, since Cardano’s ADA has one of the biggest communities on all social media platforms.
Gerolamo Cardano, an Italian polymath from the 16th century, inspired the founding of Cardano in 2017. As the world’s first computer programmer, Ada Lovelace is widely considered to be the inspiration behind the native token’s name ADA. A key feature of the ADA token is that it allows owners to participate in the maintenance of the network. Cryptocurrency holders, therefore, have the right to vote on any software changes. This virtually takes the control of maintaining the ecosystem from developers and gives it to the users completely, creating a highly decentralized platform.
Naturally, such a fundamentally strong platform has much potential and could be one of the easiest investment picks for beginners, since ADA is a large-cap token too. This means that the risk is comparatively minimal, and may also reward users with a good profit in the future.
Binance Coin – Most Reputed Exchange’s Native Token for Beginner Investors
Binance is the biggest cryptocurrency exchange in the world at the moment and has a global network that extends to more than 140 countries. Naturally, such a powerful exchange has the potential to eventually explore unique and more innovative fields and grow its platform further. Now, the native token for this exchange is also expected to grow, similar to the exchange. This native token for the Binance exchange is called BNB or the Binance Coin.
BNB was initially only used to pay fees on the Binance exchange but is now a high-utility token with a wide variety of use cases. It is now the primary token for the Binance Chain and is used to stake for several awards, airdrops etc that the Binance exchange holds frequently. It is already shocking that despite being a token that is the native currency of a centralized exchange, the crypto has grown so much. However, experts believe that the growth of BNB may increase even further as the Binance exchange grows parallelly.
As a beginner, this token is clearly an excellent choice that users should absolutely not overlook. At the time of writing, BNB is the only exchange-based token within the top 10 cryptocurrencies list in terms of market cap.
How We Ranked the Best Beginner Cryptocurrency Projects
Each project mentioned above has been carefully accessed by us in terms of security, growth potential, market trends and overall utility. These are the most basic governing factors that determine if a cryptocurrency can indeed be considered a promising asset that investors can profit.
The beginner cryptocurrency tokens we covered belong to various categories and use cases, and were introduced at different times. Some projects have already created a name for themselves as exceptional investment choices, while some are yet to launch, or are in their early days. Regardless of their time of inception, each cryptocurrency is likely to gain momentum in the upcoming weeks and months, thanks to the innovative concepts they bring to the table.
Best Exchange to Buy Beginner Cryptocurrencies
Before talking more about acquiring the best beginner tokens, let us understand how we can acquire the options mentioned above. This is important here since the list mentioned above is a combination of projects in their presale phase as well as those which have been listed on a majority of platforms already.
For listed tokens, our recommended platform is undoubtedly the eToro Exchange. As one of the top exchanges in the cryptocurrency space, eToro has managed to position itself as a highly secure space for buying and storing your crypto.
eToro is an FCA-regulated brokerage platform with a widespread global network that expands to more than 100 countries. It has a wide variety of carefully picked top cryptocurrencies, along with a plethora of features for one looking for advanced trading products. At the time of writing, the platform boasts more than 6 million users, while also claiming to be the best choice for investors of all types, especially beginners.
eToro has a social trading platform built-in within the exchange itself, which can help beginners navigate the markets with ease, and get solutions to issues faced by experienced traders at any point in time. Fees and other charges are minimal too, making it an ideal choice to buy the tokens mentioned in the list that have been launched already.
For presale tokens, one can head directly to the official website of the project and acquire tokens by following the instructions on the website itself. Read on till the end if you would like to read a more detailed breakdown of how to buy presale tokens.
What Should a Beginner Know When Buying Cryptocurrency?
The growth of crypto has been evident without any doubt in the last couple of years. However, choosing a gem among all this clutter can become difficult. This is especially the case for beginners, since they may not be able to distinguish a good project from a bad one, considering even scam projects manage to hide their actual intentions well these days.
There are some factors that every investor must keep in mind while buying cryptocurrencies to grow their portfolio. The top ones that shouldn’t be missed at all are-
Buy tokens directly from the website or from a regulated exchange
There are several platforms that would feature their own marketplaces where you may be able to get crypto at a cheaper rate. These should be avoided at all costs since top projects ensure that their tokens are only listed on regulated and trusted exchanges.
Only invest in projects after doing your own research
Due diligence is vital to picking out the best beginner cryptocurrency projects. Simply stocking up on a project based on the feel of its website is something that unfortunately a huge number of new investors end up doing. This is a trap since they generally end up losing all their funds. The only solution here is to refer to reliable websites, youtube videos, join social media communities etc. Reading the project’s whitepaper thoroughly can also shed some light on what exactly the token is aiming to achieve. With due diligence, one can easily find projects that could potentially rise in value considerably.
Educate yourself about the blockchain industry
This is a rather obvious factor. Learning about the type of assets you are getting into is extremely important. Unfortunately, one-third of the crypto investors have no idea about the type of assets they are parking their funds in. Understanding how blockchain works, and how cryptocurrencies operate can eliminate the risk of you falling for any scams or rug pulls that you may otherwise be exposed to.
Try to get in early on high-potential projects if possible
This is not something that may be possible all the time but is certainly something worthy of noting. Many of the best beginner cryptocurrency assets we reviewed above are in their presale phase, which means that you are directly getting the chance to buy the token at a discount, while others are yet to come to know about it. Investing early can be the best way of earning massive profits for smaller sums of money.
How to Buy A Crypto as a Beginner – Presale
Let us try to understand how to buy a presale token easily. In this case, let us go through the process of buying a presale token mentioned in the list from its website. Before beginning the process, do make sure that you have set up a crypto wallet and added funds already.
Step 1 – Go to the official website – Landing on the correct website is important as several imitators may pose
Step 2 – Click on the presale box to buy tokens – On the homepage, you will be able to see a box that shows the presale status in real-time. Click on the “Buy Now” button. You will be asked to connect your cryptocurrency wallet.
Step 3 – Add in the correct details – Once you have connected the wallet, simply enter the amount of tokens tokens you would like to purchase. Check the fees and details once again and click on buy. You will get some prompts from your wallet asking for confirmation. Approve them.
Step 4 – Claim Your tokens – You have successfully purchased WSM tokens. Wait till the end of the presale. On conclusion, the tokens you bought previously will be deposited into your account directly.
Conclusion
This guide aims to explored ten of the best beginner cryptocurrency coins, that investors can park their funds in without having to worry about the security or utility of the project.
Over the past couple of years, cryptocurrencies have developed and grown as a sector on a global scale. However, it goes without saying that a majority of this growth is owed to the 2021 bull run. A huge majority of the existing crypto community was created during this time, and there was a major rise in investors who made massive profits within just a couple of months during the wave.
There was an influx of projects and concepts, which were all somehow successful, despite their concept or low-quality end-products. As expected, this did not go on for long, and the market crashed bringing down with it, a majority of the top altcoins and other assets like NFTs. The condition of low-fundamental projects was dire, and investors saw a steep decline in funds in their portfolios.
Naturally, this was because the bull run frenzy had put the masses under the impression that it will keep on going up, regardless of the quality of projects. Beginners too were confidently investing in assets that had shown no promise from the first day.
There are several cryptocurrencies that beginner investors can park their funds in. The projects we have listed have been chosen carefully and maybe some of the most profitable options in the upcoming weeks. Remember to also do your own research before getting into any project as a beginner crypto trader, and only invest what you can afford to lose.
FAQs on Beginner Cryptos
What cryptocurrency is best to invest in for beginners this year?
While all the cryptocurrencies mentioned in the article are excellent choices for beginners, Pepe Unchained, Mega Dice, may the best options at the moment.
What crypto should I buy with little money?
An ideal solution to this dilemma is to distribute your funds in high potential projects. If you only have enough money to buy one crypto, then PLAY may be an excellent pick.
How much crypto should I buy as a beginner?
There’s no ‘ideal’ amount of crypto to buy, as this depends on each person’s financial position and investment goals. However, beginners may wish to purchase a smaller amount at first and gradually build up their position as they become more comfortable.
Is there a way to earn cryptocurrency?
Most of the projects have goals that need to be fulfilled.
