Mid-2024 is an exciting time if you’re looking towards the long-awaited altcoin season and want to expand your portfolio, and you have a fresh array of innovative projects and promising ICOs to choose from. Whether you’re interested in the latest technological advancements or projects that offer you the chance to get in early and see high ROIs, these new cryptos are worth watching.
Why these are the best new cryptos to watch
You have no need to scour the internet for hours and be overwhelmed by the options; we have already found three presales that offer the chance to get on board at early bargain prices:
- Poodlana: Poodlana combines luxury branding with meme culture, targeting the influential Asian market and positioning itself as the ‘Hermès of Crypto.’
- BlockDAG: BlockDAG uses a unique integration of Directed Acyclic Graph (DAG) with Proof-of-Work to enhance scalability and security in blockchain and offer advanced technological solutions.
- DogePreneur: Merging meme appeal with real estate, DogePreneur offers token holders a share of rental income, blending entertainment with practical investment opportunities.
1. Poodlana: A hidden gem in the expanding Asian market
As the fascination with meme coins grows within the crypto community, one standout is making waves for its distinctive branding and its targeted approach to the Asian market: Poodlana.
While the Western market has been the stage for notable meme coin activity, driven by figures like Elon Musk and viral phenomena like Shiba Inu, it’s the Asian market that has frequently been the silent powerhouse. It’s reported that up to 80% of meme coin trading happens during Asian trading hours, propelling coins like Shiba Inu and PEIPEI to substantial volumes before gaining global attention.
Poodlana’s entry into this dynamic market is exceptionally well-timed. With Japan’s economy bouncing back and a growing interest in cryptocurrency, Poodlana is set to capitalize on this trend. Its “Hermès of Crypto” branding appeals particularly to an Asian audience with a taste for luxury and exclusive investments. The potential market impact of Poodlana is significant, making it a crypto to watch in 2024.
Unlike many Western-driven meme coins that rely heavily on viral moments and celebrity endorsements, Poodlana’s strategy is more sophisticated. Poodlana is positioning itself as an exclusive club for the elite. Owning Poodlana isn’t merely about holding a token but more about joining a sophisticated, high-status community with VIP events, exclusive offers, and the prestige of belonging to this elite group.
Poodlana’s marketing initiatives, such as the Weekly Meme Catwalk on X, which offers a $2500 USDT prize, further enhance its allure. This competition engages the community and fosters viral content, a crucial element for any meme coin’s success.
An essential aspect of Poodlana’s appeal is its clear-cut launch strategy. The token is available for a limited time in a highly successful presale. Having raised an impressive $4.6m and with the presale ending on 16th August, investors won’t be left in limbo for months; Poodlana will be listed on decentralized exchanges (DEXs) within 60 minutes of the presale’s conclusion, with 100% of the tokens unlocked. This means that investors can start trading their tokens immediately after the presale, providing a quick return on investment.
Learn more about Poodlana on the official website.
2. BlockDAG: Pioneers the future of blockchain technology
BlockDAG is one of the best new cryptos, pioneering the integration of Directed Acyclic Graph (DAG) technology with a Proof-of-Work consensus mechanism. This innovation has garnered significant attention, with the project raising over $60.7 million in presale revenue.
BlockDAG offers transaction speeds of up to 10 blocks per second, aiming to address the blockchain trilemma by balancing scalability, security, and decentralization. Despite its technological promise, BlockDAG has yet to demonstrate the practical applications and market traction investors seek. However, global promotional events in top fashion locations like Tokyo and London have boosted its profile.
Analysts remain optimistic about this project’s potential. It presents a compelling investment opportunity for those interested in supporting cutting-edge blockchain technology, which has potential applications in everyday transactions and enterprise-grade DeFi protocols.
3. Dogepreneur: Meme culture meets real estate investment
DogePreneur (DOGEP) is positioning itself as one of the best new cryptos by merging the playful appeal of meme tokens with the tangible benefits of real estate investment. Developed on the Solana blockchain, DogePreneur offers a unique value proposition: token holders receive 70% of the rental income from acquired properties, providing a stable and attractive passive income stream. This unique value proposition sets DogePreneur apart and instills confidence in its potential.
While DogePreneur’s innovative approach makes it stand out, it faces competition from other meme-based tokens. The project’s attempt to include the popular RWA narrative by tokenizing real estate might be an unneeded complication for what is essentially a meme coin. The success of DogePreneur hinges on the effective acquisition and management of real estate, which adds a layer of complexity and risk not found in more straightforward meme coins.
As possibly one of the best new cryptos, DogePreneur combines utility with meme culture. However, many people like their meme coins to be straightforward—more along the lines of Poodlana.
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