An IEO (Initial Exchange Offering) is a fundraising event for a cryptocurrency organized by a cryptocurrency exchange. Unlike the Initial Coin Offering, an IEO is similar to IPO (Initial Public Offering), where the assets are offered to the public via an exchange. From an investment standpoint, IEOs are great for investors to get their hands on a cryptocurrency with a huge upside. And for a crypto development team, an IEO provides a great way to engage the user base while leveraging the reputation and influence of the cryptocurrency exchange.
While IEOs can present cryptocurrencies with huge long-term gains for investors, not all assets are created similarly. Therefore, this article presents a list of the best IEO crypto to invest in for 2024 and details their unique attributes so that you can make an informed investment decision.
The Best IEO Cryptos to Buy – Overview
For investors who want to get their hands on that early-mover advantage to buying an asset when it has just been listed and making gains during huge pumping rallies, crypto IEOs are a goldmine. However, the only cryptocurrencies worth investing in are those with in-demand use cases coupled with strong marketing that always nudge the community’s sentiment in a positive direction.
- Pepe Unchained – Upcoming IEO Project With a Layer 2 Blockchain
- Crypto All-Stars – Crypto IEO Blending Top Meme Coins
- The Meme Games – Crypto IEO Featuring Meme Athletes
- Shiba Shootout – Leading IEO Featuring a Cowboy Shiba Inu
- Base Dawgz – IEO Project Built on the Base Chain
- Mega Dice – Leading Crypto Casino with an Expected Native Token IEO
- Aptos – Popular New Crypto asset aiming to bring decentralization benefits to All
Below we take a closer look at each of our picks for the best IEO crypto of this year that could yield triple-digit gains for early investors.
Reviews of The Best IEO Crypto Projects of This Year
To make sure that our readers can gain access to cryptocurrencies with huge potential long-term and short-term gains, we review IEO cryptocurrencies with ongoing and upcoming exchange listings. These projects have quickly gained the investor community’s attention and are in the sights of both novice and veteran crypto traders.
Pepe Unchained – Upcoming IEO Project With a Layer 2 Blockchain
For IEO investments to end up being profitable, being sure of the project’s potential is important. Keeping this in mind, Pepe Unchained may be one of the best options to choose from, given the growing popularity of the project in recent days. Pepe’s theme is referenced from the popular token Pepe, which recently made its all-time high a couple of weeks ago.
Pepe Unchained unfolds an engaging storyline where Pepe, the mascot, unshackles itself from the limitations of its original Layer 1 blockchain by adopting a more efficient Layer 2 solution. This thematic evolution not only captivates the meme community but also symbolizes a move towards greater innovation and efficiency in the crypto space.
One of the attractive features of Pepe Unchained is its staking opportunity. By offering impressive APY returns, it incentivizes early adopters and long-term investors, making it an attractive time to buy. Staking not only provides passive income but also supports the token’s liquidity and stability.
The integration of Layer 2 technology is a significant advancement for Pepe Unchained. Built on the Ethereum blockchain, Layer 2 solutions enhance transaction speeds and reduce costs while maintaining compatibility with the broader Ethereum ecosystem. This technological upgrade ensures a better user experience by addressing common blockchain limitations, making Pepe Unchained a robust and competitive project.
Given the project’s growing visibility, there is a strong likelihood that Pepe Unchained will be listed on major exchanges shortly after its launch. It has already been featured in multiple articles online and highlighted in videos by crypto influencers worldwide. Considering all these factors, it may be a great idea to park funds into the project.
Crypto All-Stars – Crypto IEO Blending Top Meme Coins
This year has seen the emergence of multiple meme coins trying to unify the meme coin community by showing imagery featuring multiple meme coin mascots. However, many of them have limited their use cases to community, which doesn’t make those assets suitable for long-term investors.
Crypto All-Stars has taken a different stride by creating a staking utility in which all top meme coins can be staked to generate APY rewards. These rewards will be generated in terms of STARS, the native token of the Crypto All-Stars ecosystem. Other than being a tradable asset, STARS also promises to become a meme coin community unifier, capable of establishing better communication between followers of multiple meme coins.
Even though the project’s official whitepaper doesn’t go into much detail about what $STARS tokens will be used for, other than tripling the gains generated through staking, the imagery of multiple pixelated meme coin mascots suggests that a 2D game may be in the works.
The Meme Games – Crypto IEO Featuring Meme Athletes
The Meme Games is shaping up to be one of the best IEOs of this year thanks to the buzz it has already created on the market. Upon raising more than $130k within two days, this project has set precedence for not just meme coins, but also presales.
This project blends the vibrant ecosystem of memes with the thrills of Olympic games. A P2E project with a unique gaming perk that begins from the presale itself, The Meme Games has emerged with a unique betting mechanic that runs parallel with this year’s Olympics.
Presale investors won’t only be making early moving gains, but will be able to interact with a blockchain-driven sporting event starring their favorite meme characters. Representing Dogecoin, Brett, Turbo, Dogwifhat, and Pepe ecosystems, these meme characters are athletes who are here to sprint till the finish line, and generate bonuses for their backers.
These unique attributes are complemented by interacting images of meme characters where each athlete is basically a meme coin with sporting attire. The ambiance around this project is thrilling. And what makes this project even better than traditional IEOs is that its exchange listing date has already been set.
With perks like staking present within The Meme Games’ ecosystem, investing in MGMES is a wise choice for those looking for early gains and an asset that’s available at a low price.
Shiba Shootout – Leading IEO Featuring a Cowboy Shiba Inu
Another one of the best and biggest IEOs of this year is Shiba Shootout. Even though it started out slow, the project has captured the community’s imagination and is now moving towards becoming one of the most successful offerings of this year.
What makes this project unique is its list of perks. On one side, people will find that Shiba Shootout is an interesting asset that focuses on staking and gaming. One offers passive earning opportunities, while the other offers active earning opportunities.
However, there are other perks as well, and all of them provide earning opportunities to investors. Savings Saddlebags add “Save-to-Earn” features, Campfire Stories add “Engage-to-Earn,” and Posse Rewards add “Refer-to-Earn.” These features are complemented by a DAO designed to decide the future of this unique project.
This odd but unique confluence of features has allowed Shiba Shootout to raise upwards of $520,000 in the current stage of its presale. Currently available at a discount price, Shiba Shootout is a good buy. Interested parties should consider visiting shibashootout.com to participate.
Base Dawgz – IEO Project Built on the Base Chain
IEOs often attract a lot of attention, but it so happens that projects with a strong presale end up gaining popularity right from the very start. Such projects have often been noticed to be massive successes, which is why a lot of investors in the space seem to be bullish on Base Dawgz. Created on the Base Chain, this upcoming IEO crypto has been using its interoperability feature to position itself as one of the best memecoins in the space right now.
The project has an exciting roadmap, with ambitious goals that developers have promised to deliver on the social media channels of the project. Its multi-chain support includes ETH, BNB, AVAX, and SOL. The project features several major memecoin mascots as a part of its theme, which has a Top Gun-like feel to it.
The project’s introduction with its token presale was met with excitement by the memecoin enthusiasts, especially since developers claimed that they are creating the project with interoperability as the main element to create a foundation. This foundation can act as an avenue for the creators to integrate utility into the overall Base Dawgz ecosystem.
It has an exciting refer and earn feature, allowing investors to earn 10% of the total amount of DAWGZ tokens bought by their referee. The project has managed to raise more than $600k already and could be well on its way to finishing its presale quickly. Post this, one can expect an IEO on an exchange, which is likely to cause the price of Base Dawgz to blow up.
Mega Dice – Leading Crypto Casino with an Expected Native Token IEO
When delving into Initial Exchange Offerings (IEOs), one cannot overstate the importance of the primary product that the cryptocurrency endeavors to support or provide utility for. Mega Dice, an eminent player in the crypto casino domain, has solidified its position as one of the most recognizable and favored platforms in the sector, boasting a tenure of over a year in operation. What sets Mega Dice apart is its extensive repertoire, featuring more than 5000 games, all backed by top-tier game providers. This rich selection caters to a diverse audience, contributing to the platform’s impressive performance, with monthly wagers exceeding $50 million and an active player base surpassing 10,000 individuals.
In light of Mega Dice’s established presence and success, the presale of the DICE token has garnered significant attention, with many investors eyeing it as a high-potential project. Designed as the native token of the Mega Dice platform, DICE is poised to ascend the ranks and emerge as a leading player in the iGaming token landscape in the weeks ahead. While the IEO for DICE has yet to be formally announced, given its current presale status, one can reasonably anticipate its revelation in the coming days.
The impending IEO holds promise for DICE token holders, as it will mark a pivotal moment in the token’s journey, expanding its accessibility to a broader investor base. This increased exposure has the potential to fuel a surge in demand, subsequently propelling the token’s value skyward and paving the way for substantial growth in the foreseeable future. As anticipation mounts and excitement brews within the crypto community, all eyes remain firmly fixed on Mega Dice and its transformative potential with the imminent launch of the DICE token.
Aptos – Popular New Crypto asset aiming to bring decentralization benefits to All
Aptos is the native cryptocurrency of the Aptos network, a Layer 1 blockchain that promises to be the most production-ready and safest Layer 1 blockchain.
According to the official whitepaper, the platform has been designed to be scalable, reliable, safe, and upgradeable. Developed in three years by a team of more than 350 developers, the Aptos network aims to bring the benefits of decentralization to a larger crowd.
The platform claims to provide novel innovations in smart contract design, performance, consensus, and decentralization.
The platform natively integrates to use the Move language internally to enhance transaction speeds. That, combined with the flexible key management facilitated by the Aptos data model, aims to provide a smoother and safer customer experience.
The official abstract also focuses on the high throughput and low latency that Aptos seeks to achieve by implementing a pipelined and modular approach to key stages of a transaction process. It involves concurrently performing everything from transaction dissemination to ledger certification by leveraging all the physical resources available and using highly parallel execution.
Due to these features, Aptos claimed that it could provide transaction speeds of up to 100,000 TPS, which became one of the original factors behind the token’s upswing in the price chart after it landed as an IEO in late October.
Despite the bullish use case, Aptos had a less-than-stellar launch due to the network crashing after 300 crypto wallets simultaneously interacted with the network. Furthermore, the claim of 100,000 transactions per second wasn’t correct; it was revealed that the blockchain could only process four transactions per second. That, and many partners backing off from Aptos, led to a quick retrace for Aptos in the price chart after the IEO.
While this project has questionable tokenomics, with insider reports coming that 80% of tokens are with the developers, and the blockchain is highly centralized, the bullish case that can be made for this crypto asset is that it is live on Binance and Coinbase after selling out its private token sale.
A Binance listing has historically been the reason for the major pumping impact on cryptocurrencies. That could lead to Aptos seeing a major price increase in the future. Another positive case about this platform is Blocto, a multi-chain crypto wallet that has recently opened a $3 million ecosystem on the Aptos blockchain to bring new users. These stories say that despite general apprehensions about this cryptocurrency, major crypto players are still paying attention. On the flip side, however, leading crypto YouTubers like Guy from Coin Bureau have revealed the developer’s close relationship with big-tech companies and venture capitalists makes it not a viable crypto investment for ordinary traders.
Guy also stated that Aptos’ claim that it is scalable, decentralized, and fast is logically impossible because of the blockchain trilemma.
Readers may also be interested in our guide to security token offerings (STOs).
Where to Buy IEO Cryptos?
Once you have the right IEO crypto in your sight, you must know about the best platforms to buy them. Here are our best places to buy IEO cryptos.
Binance Launchpad
In addition to being the largest cryptocurrency exchange in the world, Binance, among other utilities, also offers a launchpad for new cryptocurrencies. Binance launchpad is one of the most sought-after places to buy IEO crypto because of two reasons:
- It is favored by most developers wanting to launch their IEOs
- Crypto IEOs have seen massive upswings within a few days of being listed on the platform.
Binance makes it easy for developers to launch IEOs as it goes above and beyond to help developers with everything from post-issue services to post-launch marketing.
Crypto.com Coin Launchpad
Crypto.com is one of the best IEO exchanges that have launched over 70 new crypto projects.
Many developers who’re entering the crypto space for the first time prefer Crypto.com for their IEOs because of the simplicity of the platform.
However, much like Binance, Crypto.com imposes stringent rules on which IEOs to launch – which is good news for investors looking for a worthwhile cryptocurrency.
What is Crypto IEO?
IEO, or Initial Exchange Offering, is a listing of cryptocurrency on centralized cryptocurrency exchanges. Simply put, it refers to the first time cryptocurrency is offered to people via the cryptocurrency exchange for a finite period of time. Investors can leverage this time to learn more about the IEO cryptos before buying them.
Currently, the world’s leading IEO exchanges are Binance and Crypto.com, but smaller players, such as P2PB2B, have also emerged in this space.
Crypto IEOs are relatively new in the blockchain space, and they carry more risk than the crypto assets that have already gained the attention of the crypto crowd with their utilities. Therefore, it is recommended that interested parties go through the whitepaper thoroughly before investing.
How do Crypto IEOs Work
There are three steps involved in crypto IEOs.
Initial launch: First, the coin is created and launched. During this process, developers conduct a seed round, a token presale, and an ICO. The seed round is for initial fund gathering from leading investors, presale happens in stages for an early mover, and ICO refers to crowdfunding a cryptocurrency.
Applying for an IEO: Once a token has gone through all three rounds mentioned in the previous step, its developers must submit an application on IEO exchanges. The exchange assesses the tokens’ whitepaper, circulating supply, and other details before accepting the project.
Buying Crypto IEOs: Once an IEO exchange accepts the project, the IEO process is initiated. During this process, the value of the crypto asset stays the same till the end of the offering period.
How to find the Right IEO Cryptos to Invest in?
Here are the tips for finding the right crypto IEOs:
Launchpads: Binance Launchpad and Crypto.com are the world’s leading IEO exchanges, featuring a separate IEO section for those looking for the best IEO cryptos to invest in. Each asset listed in the section went through scrutiny of the exchange experts – making it easy for investors to choose a cryptocurrency.
Social Media: Another great way to search for a cryptocurrency IEO is through social media. In addition to learning about the IEO listing, going through a crypto’s social media page will give you insight into its following, the community, and the project’s development. Use the hashtags #IDO or #IEO, and you’ll find some of the best crypto IEOs to invest in. Also see our guide to the best Reddit cryptos.
Coin Ranking websites: If you’re data-oriented, you can search various coin ranking websites to find an IEO crypto. However, you must know how to differentiate between IDO, IEO, and ICO since many websites use the same terms to describe crypto offerings.
Why Choose an IEO Crypto?
Time of buying is the biggest factor when trying to make gains on new cryptocurrencies, and crypto IEOs offer you the best time to invest in a project – when the price is low. Here are the reasons investors must choose an IEO crypto.
It gives the First Mover Advantage
First Mover advantage is a term popularized in trading markets by those who chose to invest in a project in its early stages and made huge profits as the project grew. IEO does the same thing. IEO allows investors to buy crypto at a pre-set price during a certain period, allowing them to experience profits after the token finally enters the pricing charts.
Furthermore, buying cryptos during IEO is cheaper – allowing frugal investors to participate in trading early and snap up what could become the next big crypto.
IEO is Less Riskier Than ICOs
Although ICOs (initial coin offerings) are often profitable, their success depends on the project’s completion. In the past, haphazard ICOs have led to many rug-pulls that have left investors with nothing. IEOs, on the other hand, only get listed after the IEO exchange verifies that the project is completed. A finished product inspires confidence, and the resulting positive sentiment can Edrive-up the crypto’s price after the IEO phase.
IEOs are offered at a fixed cost
The initial exchange offerings are done at a fixed cost – away from the volatility of the crypto market – and are often ranked among the cheapest cryptos to buy. If enough hype is built during the project’s IEO, it can fuel positive sentiment around it, leading to massive gains for early investors as the project’s token price skyrockets after entering the open market.
Conclusion
Crypto IEOs is a great way to become an early mover and make gains in the crypto space. The tokens offered in the IEO phase cost less, have a fixed price, and are completed projects – making a profitable performance during the initial launch almost a guarantee.
Our pick for the best IEO of this year is Pepe Unchained.
FAQs on IEO Cryptos
What is IEO in Crypto?
IEO refers to Initial Exchange Offering, the first time a cryptocurrency is offered to the public via a centralized cryptocurrency exchange.
How does an IEO work?
After conducting the presale, an ICO, and a seed round, the team behind the crypto asset submits an IEO application on an IEO exchange. The IEO exchange assesses the cryptocurrency based on its supply and its viability to approve or reject it. If the cryptocurrency is approved, it is added to the list of IO offerings.
Where can I buy IEO Crypto?
There are many IEO launchpads in the market. However, the platforms that are leading the charge right now are Binance and Crypto.com Coin Launch.
What are the best Crypto IEOs of this year?
The best IEO of this year is Pepe Unchained, a brand new memecoin featuring its own blockchain.