The cryptocurrency industry is clearly growing at an immense pace and has gained most of its momentum in the past couple of years. Since blockchain technology and the potential of cryptocurrencies have become more mainstream, the demand for projects that materialize utility has increased and is reaching a wider audience too. However, it cannot be stated that one can blindly buy any crypto and hope to earn profits in the future.
Depending on the market trends, conditions and use cases, projects emerge and fizzle out every now and then. However, one of the best times to follow and invest in cryptocurrencies is when they are in the process of growing and becoming known to the wider community. Thus, growing cryptocurrencies essentially end up being some of the wisest and most profitable assets for a majority of the investing citizenry.
In this guide we have compiled a list of the fastest growing cryptocurrencies that would be a profitable addition to anybody’s portfolio if they are looking to invest in assets that could potentially shoot up in terms of price.
Fastest Growing Cryptocurrency Tokens – Overview
- Pepe Unchained – Presale Project With A Growing Demand
- Crypto All-Stars – Fastest Growing Meme Coin Project of This Year
- The Meme Games – Fastest Growing Meme Coin with Olympic-Themes
- Shiba Shootout – Fast Growing Cowboy-Themed Meme Coin
- Base Dawgz – Presale Memecoin Showcasing Strong Growth
- Mega Dice – Crypto Casino With a Native Token Presale
- TopG1500 – Fast-Growing Crypto Inspired by Andrew Tate
- Sei – High Growth Crypto With a Focus on Decentralization
- Polygon – Fastest Growing Cryptocurrency in the Defi Space
- Polkadot – Growing Ecosystem-based Project
- Verasity – Growing Project Which Solves Ad-Issues
- Enjin – Fast Emerging Gaming Project in 2024
Fastest Growing Cryptocurrencies – Full Reviews
While some of the projects above are new and some are well-established with a large market cap, all have a high potential for growth. Here is a detailed review of each of our picks for the fastest-growing cryptocurrency projects:
Pepe Unchained – Presale Project With A Growing Demand
Pepe Unchained is swiftly establishing itself as one of the fastest-growing projects in the memecoin space, following in the footsteps of its predecessor, Pepe, which recently surged to its all-time high. The enthusiasm for Pepe has spilled over to Pepe Unchained, propelling it to become one of the most successful presale projects in recent memory.
In less than two weeks, Pepe Unchained has raised over $400k, a testament to its strong community support and compelling value proposition. As it nears the conclusion of its presale phase and prepares for its official launch, anticipation is high for potential market gains.
At the core of Pepe Unchained’s appeal is its thematic narrative, which captivates investors with its depiction of Pepe breaking free from outdated blockchain limitations to embrace a more efficient Layer 2 solution. This storyline not only resonates with meme enthusiasts but also underscores the project’s commitment to technological advancement and user-centric innovation.
Investors participating in the presale phase are attracted not only by the project’s storyline but also by its robust staking opportunities. Pepe Unchained offers impressive staking rewards, boasting APY rates that exceed industry standards, thereby incentivizing long-term engagement and fostering a loyal investor base.
With endorsements from prominent crypto influencers and coverage in major industry publications, Pepe Unchained is gaining traction as a promising player in the crypto market. For investors seeking exposure to a rapidly growing meme token with substantial upside potential, PEPU may be a great option to consider right now.
Crypto All-Stars – Fastest Growing Meme Coin Project of This Year
Meme coins always have the most capacity to grow fast after their launch. However, when there is a unique project whose uniqueness stems from blending the core aspects of other meme coins together, people may have one of the best fast-growing cryptocurrency projects on their hands.
That’s the potential shown by Crypto All-Stars. This project, whose looks are reminiscent of 2D competitive fighting games in a fictional setting, features the mascots of different meme coins.
However, Crypto All-Stars’ ability to dive into the popularity of other meme coins isn’t limited to superficial attributes like memes but also involves a unique staking pool where multiple meme coins could be staked to generate passive gains.
Passive income generation has been a long-held way to deal with the volatility of the crypto market. However, when it is blended with the viral potential of meme coins, the potential for growth is even higher.
The project is currently on presale. Interested parties can visit cryptoallstars.io and get this token at a discount.
The Meme Games – Fastest Growing Meme Coin with Olympic-Themes
The Meme Games ($MGMES) is a meme coin project with the potential to become one of the fastest-growing meme coins this year. It offers a unique perk that integrates gaming into the presale itself.
This project introduces a unique ecosystem where investors can pick a meme character, or a meme athlete within the project’s context, and bet on it as it races against other leading meme characters. Winning allows these investors to earn a 25% bonus. The competition alone makes it a more engagement-worthy project to invest in. Races could be communicated through social media, with engaging posts that could benefit the token during the presale round. This could translate to fast growth once the presale concludes.
Another reason The Meme Games could become one of the fastest-growing cryptocurrencies on the market is its staking perk. This perk incentivizes long-term holding, allowing investors to make passive gains.
Overall, the blend of gaming, staking, and a unique ecosystem that pits multiple meme characters against each other can significantly fuel this token’s growth.
Shiba Shootout – Fast Growing Cowboy-Themed Meme Coin
Another one of the fastest-growing tokens this year is Shiba Shootout. Introduced to the world as a presale and featuring many memes and use cases, it has the potential to become an explosive asset as soon as it arrives on cryptocurrency exchanges.
People’s bullish perception of this meme coin comes from its many meme-worthy features, including the imagery of a Shiba Inu in a cowboy costume. The appeal of this project is great, and its style is unique.
But it is the use cases that are driving people toward this fast-growing crypto. Multiple features have been planned, and one of them, the P2E game, has already been developed and is about to drop on Google Play Store and the App Store.
There are also staking and savings features, and the ecosystem has been designed to reward positive engagement. All these factors can further boost its value over the long term.
Those who are interested in this project can visit shibashootout.com.
Base Dawgz – Presale Memecoin Showcasing Strong Growth
Base Dawgz is as a prime candidate for rapid growth and exponential price surges within the cryptocurrency landscape. Positioned as a meme coin within the thriving Base blockchain ecosystem, which boasts a collective market capitalization surpassing $4.4 billion, Base Dawgz stands at the forefront of a trend that has propelled numerous meme coins to staggering heights.
What sets Base Dawgz apart is its strategic positioning as a multi-chain token, with integration across platforms including the esteemed Solana blockchain. This multi-chain functionality not only enhances accessibility but also aligns Base Dawgz with the bullish phases experienced by Solana-based meme coins, potentially amplifying its upward trajectory.
The timing couldn’t be more opportune for Base Dawgz, as meme coins have surged in popularity since the third quarter of the preceding year, driven by frenzies and fervor within the cryptocurrency community. This heightened interest in meme coins, combined with Base Dawgz’ unique attributes and market positioning, sets the stage for a meteoric rise in price.
Investors keen on capitalizing on this monumental potential are urged to seize the opportunity presented by Base Dawgz’ ongoing presale. By participating in the presale phase, investors can secure Base Dawgz tokens at the lowest possible price, positioning themselves for substantial gains as the project gains traction and momentum.
Mega Dice – Crypto Casino With a Native Token Presale
Mega Dice is capturing the attention of the crypto gambling community with its upcoming presale, rapidly growing as a leading project in the sector. This platform not only entices players with classic casino offerings but also integrates its native token, DICE, enhancing user engagement and investment opportunities.
The low token supply of 420 million promises substantial upside potential, making it an attractive buy before the anticipated price surge post-launch. The use of DICE tokens streamlines transactions and integrates users into the platform’s financial ecosystem, offering them a slice of the house’s earnings through a novel rewards system.
Moreover, Mega Dice’s commitment to transparency and security, highlighted by their proactive auditing measures, builds trust and credibility among its users. As the platform continues to expand its user base and enhance its features, investors and gamblers alike are drawn to its promise of a decentralized, rewarding, and secure gambling experience. The presale phase offers a unique opportunity for early participants to be at the forefront of the next big wave in crypto gambling.
TopG1500 – Fast-Growing Crypto Inspired by Andrew Tate
TopG1500 quickly established itself as the fastest growing project of 2024 by moving up by more than 4000% since the release date. The token, which was developed as an homage to Andrew Tate, has a lot of viral potential, which means more growth is possible.
The story of this project is backed by a real person who also happens to be TopG1500’s developer. Named Jake Guerilla on Instagram, the developer is on a quest to meet the Tates by walking across England on foot to reach Romania. He aims to get the Tates’ attention so that he could receive an invite into their home where he envisions taking interviews and receiving combat training.
With encouraging words like “You go lad” and “It is amazing,” the commenters on Jake’s official Instagram account have been helping to make the project grow even more.
Even though the charts show that the RSI trend has gone way beyond the overbought zones, it is likely that the closer Jake gets to Andrew Tate, the more the TopG1500 price will grow.
Jacob Crypto Bury recently covered the project, and expressed his bullishness about it due to its good story and a human-face backing the project.
Even though the token is speculative, the community support for it is strong, which is evident from Jake’s follower count and the fact that T1500 once crossed the $2 million market cap threshold.
As it establishes a more continuous uptrend, investors are expecting the growth to be even faster.
Sei – High Growth Crypto With a Focus on Decentralization
Sei is a Cosmos-based layer-1 blockchain that aims to revolutionize digital asset trading, particularly in the decentralized exchange (DEX) ecosystem. Unlike centralized exchanges, Sei prioritizes speed and ease of trading while maintaining the security and decentralization of blockchain technology.
The platform’s asset and application-agnostic approach enables access to thousands of tokens across different blockchain applications, making it a versatile ecosystem for decentralized finance (DeFi), non-fungible tokens (NFTs), and Game Finance (GameFi) transactions. This breadth of offerings has earned Sei the moniker ‘Decentralized NASDAQ.’ To address the Exchange Trilemma, Sei employs a Twin Turbo consensus mechanism powered by the Cosmos SDK and Tendermint Core, ensuring optimal performance in speed, security, capital efficiency, and decentralization for decentralized trading apps.
Backed by notable figures like Jeffrey Feng, Dan Edlebeck, and Jayendra Jog, Sei has attracted significant investments, including $30 million in two strategic funding rounds and an additional $50 million led by Foresight Ventures. The platform’s native token, SEI, facilitates transactions, staking, and ecosystem incentives, driving its rapid adoption and impressive market performance. With a current price of $0.7 and a market capitalization of $1.7 billion, SEI has demonstrated significant growth potential, leading many to anticipate further gains in the near future.
Polygon – Fastest Growing Cryptocurrency in the Defi Space
This project gained global recognition and hosts a token that has already seen exceptional returns in the past two years. However, its potential for growth is what makes Polygon a part of this list. The project is known by the wider community as one of the most promising cryptocurrencies in the space and is also among those cryptos that boast massive communities.
Polygon was initially launched as the Matic Network in 2017. It was founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, who had substantial experience in the blockchain space already, using their expertise to build the fastest growing cryptocurrency project to come out of India. Polygon aims to be the best Ethereum scaling and infrastructure development initiative. Its core component consists of the Polygon SDK, which is a flexible and modular framework that can efficiently build a variety of applications with ease.
Optimistic rollup chains, ZK rollup chains, stand-alone chains, and any other type of infrastructure needed by the developer can all be created using Polygon. Ethereum is basically converted by Polygon into a complete multi-chain system (aka Internet of Blockchains). The native token of Polygon (MATIC) is one of approximately the top 10 cryptocurrencies by market cap (cnrrently 11th) and was among the top gainers during the 2021 bull run. Investors expect the same to happen again and have been buying the asset in huge quantities for the same reason even during this crypto winter.
Polkadot – Growing Ecosystem-based Project
Created by one of the co-founders of Ethereum Gavin Wood, Polkadot is a highly innovative project which is currently, seeing an increase in engagement on a regular basis. The main idea behind Polkadot is to create a “web of blockchains” where different blockchain networks can interact with each other in a seamless and secure way. This is achieved through a unique architecture called the “relay chain,” which acts as the central hub for the different blockchain networks connected to it. The relay chain is responsible for maintaining the state of the entire system and ensuring that transactions are properly propagated between the different networks.
One of the key features of Polkadot is its ability to support multiple types of blockchains, including those that are optimized for different types of workloads. For example, a blockchain that is optimized for high-throughput and low-latency transactions can be connected to the Polkadot network, while another blockchain that is focused on privacy and security can also be connected. This allows for a more diverse and flexible ecosystem of blockchain networks.
It is also designed to be more scalable than traditional blockchain networks, and it uses a mechanism called “parachains” to achieve this. Parachains are blockchain networks that are connected to the Polkadot network, but they are able to run in parallel with each other, rather than having to compete for resources on a single chain. This means that the overall capacity of the Polkadot network is much greater than that of a traditional blockchain network.
Polkadot’s DOT token is the asset that needs to be staked for being a part of the parachain auctions and is therefore a high-demand crypto by the retail investors too. It had a good price action in 2021, and investors expect the same again as the market turns green again.
Verasity – Growing Project Which Solves Ad-Issues
The whole point of a cryptocurrency project or the blockchain domain as a whole is to somehow solve real-world problems or enhance certain aspects of technology or commerce. Verasity is one of the best options when it comes to the advertisement scam issue faced throughout the world.
The platform aims to provide a decentralized, transparent, and fair way for content creators to monetize their content, and for users to be rewarded for their engagement with that content.
One of the key features of the Verasity platform is its “Proof of View” (PoV) system, which is a consensus mechanism that ensures that advertisers only pay for legitimate views of their ads. The PoV system uses a combination of blockchain technology, smart contracts, and a custom-built plugin that runs on the viewer’s browser. This plugin records the viewer’s engagement with the content and sends this information to the blockchain, where it is used to calculate the advertiser’s payments to the content creator.
Verasity also has a built-in reward system that allows users to earn VRA tokens by engaging with content, such as by watching videos, commenting on them, or sharing them on social media. Users can then use these tokens to make purchases within the Verasity ecosystem, such as buying premium content or paying for ad-free viewing. The VRA token has amassed a massive fanbase, and its popularity is evidently seen across various social media platforms as well.
Due to all these impressive advancements and utility, it is very likely that VRA could see a drastic increase in price in the coming months and cement its position among the fastest growing cryptocurrency projects.
Enjin – Fast Emerging Gaming Project in 2024
The blockchain gaming industry was a highly successful category within the crypto sector in the past couple of years. P2E games and similar concepts gained a lot of traction, and continue to do so. It only makes sense that projects that could potentially enhance the experience for such games and categories will also gain popularity.
Maxim Blagov and Witek Radomski developed Enjin in 2009 as a platform for a gaming community. However, it grew to be a highly sought-after project within the gamefi space due to its excellent set of features and utility. It is essentially a blockchain-based platform that allows for the creation, management, and exchange of virtual goods. It uses the Enjin Coin (ENJ) as its native cryptocurrency, which is used to back the value of the virtual items created on the platform.
Enjin’s technology is designed to be used in a wide range of applications, including gaming, collectables, and NFTs. Its use of smart contracts allows for the creation of unique and verifiable virtual items that can be bought, sold, and traded with confidence. Additionally, Enjin provides a suite of tools and resources to help developers integrate blockchain technology into their games and applications. It has been also widely used in NFT creation, gaming and virtual reality marketplaces. Built on the Ethereum blockchain, Enjin is an open-source and decentralized platform.
The ENJ token is sure to have a huge demand since the entirety of Enjin is supposed to be powered by its native token. Investors looking for quickly growing cryptocurrencies should definitely consider ENJ as a viable investment option.
How to Pick Out Fast Growing Cryptos
There are multiple factors that determine whether crypto can indeed help the investor make profits. While some of them may be valid only under certain conditions, many of them are constant. These factors that are valid under certain conditions could include things like ongoing trends, which could be subject to change at any point in time.
However, these are some of the most important things to keep in mind while considering investing in a fast growing cryptocurrency project:
Usecase
Does the project actually feature a use case or utility in general which could lead to it being adopted by the masses? This is one of the first questions an investor must ask themselves. If the said project aims to solve some issue faced by a huge number of people then they will automatically have an urge or need to use it. Alternatively, an interesting element could also act here as a catalyst for mass adoption. The project must have a unique USP, which could cause the inventions citizenry to look at it as an innovative product.
Security
A cryptocurrency is an asset of value, which means that money is involved. It is imperative that any project chosen has top security features. A simple way to get started with analysing a project’s security is to check if the team is verified or if the contract code has been audited by reputed organizations.
Track the growth and wallet activity of the token as well, as this will give you an idea of how and when funds are moved from the project’s wallet to someone else’s, which could imply risk. If there is unnatural activity within the company wallet, then it may hold the risk of being a scam.
Trends
The crypto market is still in its infancy, which means that prices may get dictated due to ongoing trends as well. It is important to be aware of the type of altcoins traders and retail investors are most interested in at any given time to be able to make strategic investment decisions.
Popularity
While this shouldn’t ideally be a major factor, in a practical sense, the popularity of a project indirectly affects its demand and price. Naturally, a good project will gain popularity in a very short span of time too. So it shouldn’t be difficult to spot a good project. However, this changes if the initiative in question is a comparatively newer one.
In such cases, look for dedicated social media handles. They will give you a better idea of the organization’s activities and engagement with its community. Also see our guide to the most popular cryptocurrencies this year.
Age
Newer cryptocurrencies or smaller tokens hold comparatively higher risk, but may also reap massive profits. On the other hand, massive projects with huge market caps could be an easier pick since they offer more stability. But the best course of action for any investor at any given point in time is to simply filter through the other factors and invest in good projects. They can allocate their funds according to their risk appetite, and potentially see great returns irrespective of the market cap or overall size or age of the project.
Check out our guide to learn about the fastest-rising crypto sectors this year.
Conclusion
Every project mentioned in the article has been recommended by us based on the factors we listed above. While they may be in their presale phase or relatively older projects, it is still a wise choice to park funds into almost any of them since each cryptocurrency holds utility and could potentially gain immense value. However, we still recommend you do your due diligence before stocking up on any of the cryptocurrencies mentioned above.
Frequently Asked Questions
Which are the fastest growing cryptocurrencies to buy in the short term?
The fastest growing cryptocurrencies in the short term would the presale projects like Pepe Unchained, and others as they are still in their earlier stages and may gain more popularity in a shorter period of time.
Are all growing cryptocurrencies risk free?
No. Infact, there is a chance that any crypto may collapse at any given point in time. The best way to invest is to keep track of one's investments while also looking for projects that have further potential in the upcoming months.
What is the fastest growing cryptocurrency this year?
This is difficult to answer as what goes up, must comes down – and just as quickly in both directions. For example, APE and GMT were at one point the fastest growing cryptocurrencies last year, but both now have corrected sharply. However, Pepe Unchained is the fastest growing crypto right now.
How to know which cryptos will grow rapidly?
This requires diligent research into the latest trends, whether it be gaming crypto coins, assets related to NFTs and the metaverse, DeFi coins (see the explosive ‘DeFi summer’ of 2021), etc. It also is essential to invest as early as possible, e.g. at the low price offered during a presale period.
