How to Find Early-Stage Crypto Projects with Real Utility

Finding early-stage crypto projects other than Bitcoin or Ethereum that might be worth the investment can be difficult. For those who are unfamiliar with Bitcoin, it differs greatly from conventional investing. You’ll need to know where to look for updates and information, as well as how to evaluate them to see if they have promise.

How to Find Early-Stage Crypto Projects with Real Utility

Where to Find Early-Stage Crypto Projects

It might be difficult to navigate the Bitcoin world. Potential investors have become even more confused and cautious due to the lack of reliable and quantitative evaluation criteria and the abundance of frauds.

Despite these issues, cryptocurrency might be a type of asset worth looking into. Their price volatility can yield significant returns, and they help diversify your portfolio. You can keep an eye on a number of locations to discover whether new cryptocurrencies are emerging:

Cryptocurrency ExchangesBinance, Coinbase, Crypto.com, Gemini, Kraken
Data AggregatorsCoinGecko, CoinMarketCap
Social MediaDiscord, Telegram, X (formerly Twitter)
ToolsKryptview.com, BSCCheck, Token Sniffer
WebsitesTradingView, DEX Screener
Decentralized Finance PlatformsThese services provide methods for creating DeFi applications and might have tokens or coins available.
NFT MarketplacesOpenSea, Rarible, and SuperRare are popular marketplaces to look for new NFTs that show promise.
Initial Coin Offerings (ICOs)ICOs are fundraising events for possible coin releases. Most should be filed with the appropriate regulatory agency.
Exchange-Traded Funds (ETFs)You can invest indirectly in crypto through derivatives or securitized crypto that trade on mainstream exchanges.

1. Exchanges

One of the best places to uncover new assets is through cryptocurrency exchanges. For instance, Coinbase typically lists new cryptocurrencies on its website, but for better access, you need to create an account. Additionally, Binance offers a list of new crypto projects that you may examine and learn more about.

2. Data Aggregators

A data aggregator collects data on particular subjects. You can locate new cryptocurrencies with the use of cryptocurrency data aggregators. For example, CoinMarketCap gathers and shows a list of new cryptocurrencies along with their prices, trading volume, and market capacity.

You may find out what other investors think of the coin and whether it has potential by using this kind of service. Another data aggregator that provides a lot of the same information as CoinMarketCap is CoinGecko, which lists new coins.

3. Social Media

Social media is renowned for its quick information transmission. For instance, one of the fastest-responding and fastest-moving platforms in the US is X (previously Twitter). Developers and founders of cryptocurrencies are easily located on X, where they tweet about any updates or new coins.

On X, notifications for particular keywords are very useful. You will be notified of any tweets pertaining to cryptocurrencies if you set up alerts for terms like “new crypto,” “crypto release,” or “crypto.” Another instant messaging service that might provide quick updates on cryptocurrency developments is Telegram.

4. Websites

You may search for new cryptocurrencies on a variety of websites. TradingView, CoinMarketCap, and the Top ICO List are a few of the more reliable ones.

5. Tools

Several tools are available to assist you in confirming a cryptocurrency’s legitimacy. BSCCheck allows you to check tokens on the Binance Smart Chain, while Kryptview allows you to input the token name or address.

Each allows you to know who else is active by displaying details about transactions, contracts, holders, prices, and more. Tokens can be investigated using a variety of other tools.

Token Sniffer presents an audit of the coin when you enter its name or address. For example, a scan of Ax-1 Orbit (address 0x0c3e7d23665b4c04038168bff94dc5855728b805) revealed the following details for the April 8, 2022, token:

  • Warning: The currency was reported as being a part of a hack, glitch, or scam.
  • Swap Analysis: The token has a buy-and-sell charge of less than 10% and can be sold.
  • Contract Analysis: The source is not an owner, the contract has been verified, there have been no similar contracts in the past, and there are no special creator permissions.
  • Holder Analysis: The creator owns less than 5% of the supply, other holders own less than 5% of the supply, and a wallet exceeds the circulating token supply (probably a scam).
  • Liquidity Analysis: Less than 5% of liquidity is held by the originator, and 95% of the liquidity is burned or locked.
  • Token Similarities: A number of tokens have scores of 97 or higher when compared to other tokens that have been flagged.

Token Sniffer allows you to inspect the contract code and create a bubble map that displays the address of the originator, the addresses of the top 100 holders, and the percentage they own. Additionally, any burn addresses—where developers send coins to permanently remove them from circulation—will be visible to you.

6. DeFi Platforms

Platforms for decentralized finance (DeFi) integrate programming, blockchain, and user interfaces to enable the creation of decentralized apps (dApps). The majority are made to serve decentralized finance (DeFi) applications including peer-to-peer lending, borrowing, and providing liquidity, while some may even provide exchange and trading services.

Native tokens are utilized in the networks of several DeFi platforms to enable transactions. Maker, Uniswap, and Aave are a few examples of DeFi systems. Ethereum serves as a DeFi platform in addition to being a blockchain since it lets users construct anything on it, including dApps.

7. Non-Fungible Token (NFT) Marketplaces

Tokenized assets are known as NFTs. The process of connecting hashed data from the asset and placing it on a blockchain is known as tokenization. Because the token’s network validators must reach a consensus to confirm ownership, it establishes ownership without question.

Additionally, NFTs are essential elements of the metaverse, a new technological development supported by businesses in the digital sphere.Two well-known NFT marketplaces are OpenSea and Rarible. They range in price from hundreds to tens of thousands of dollars.

There are also niche marketplaces that concentrate on a specific sector or sport. For instance, the National Football League (NFL) has teamed up with Dapper Labs to create All Day, exclusive digital video clips of significant moments in its history, and the National Basketball Association (NBA) has an NFT marketplace called TopShot.

8. Initial Coin Offerings (ICOs)

In 2018, initial coin offerings (ICOs) overtook venture capital as the main source of funding for business owners. Both well-known businesses and startups joined the ICO trend. Then, as scams spread throughout their ecosystem and the U.S. Securities and Exchange Commission (SEC) started looking into and taking action against them, the ICO bubble burst.

When tokens and initial coin offerings (ICOs) qualify as the sale of a security, the SEC now offers extensive guidance. ICOs are still available, although they are far less common and heavily regulated.

9. Exchange-Traded Funds (ETFs)

Derivatives that are traded on mainstream platforms are another way to make indirect cryptocurrency investments. Investors seeking indirect exposure to cryptocurrencies are drawn to Chicago Mercantile Exchange (CME) crypto derivatives, such as Bitcoin and ether futures.In the cryptocurrency markets, Bitcoin-linked exchange-traded funds (ETFs) based on CME’s Bitcoin futures made their debut in 2021.

The SEC approved the eagerly anticipated and troubled Bitcoin Spot ETFs in January 2024. Since you can buy shares of a fund that owns bitcoin instead of buying bitcoin directly, these ETFs provide exposure to bitcoin at a far lower cost. The SEC approved a number of Ethereum Spot ETFs shortly after the Bitcoin Spot ETFs.

What Are the Best Crypto to Invest In?

There are plenty of options because new cryptocurrency-related projects are constantly emerging. The most well-known cryptocurrencies are available for investment (as of March 1, 2025, 11:30 p.m. EST):

  • Bitcoin’s price is $85,637.88, its market capitalization is $1.7 trillion, and its 24-hour trading volume is $27.4 billion.
  • Ethereum’s price is $2,234.12, its market capitalization is $269.4 billion, and its 24-hour trading volume is $16.3 billion.
  • Tether’s price is $0.9995, its market capitalization is $142.1 billion, and its 24-hour trading volume is $57.9 billion.
  • XRP’s price is $2.24, its market capitalization is $130.2 billion, and its 24-hour trading volume is $3.2 billion.

Keep in mind that the figures above are subject to change every second and that past performance does not necessarily translate into future performance. There are also a ton of other cryptocurrencies that have room to expand.

A number of aspects should be taken into account while assessing that potential, including pricing, market size, 24-hour volume, social sentiment about it, legal disputes, government laws, and reading the whitepaper.

Things to Consider when Researching New Crypto Coins

How to Find Early-Stage Crypto Projects with Real Utility

Beneath their technical jargon, cryptocurrencies are goods that typically have a function, such as being a utility token used to carry out tasks on a blockchain (ether) or merely a payment method (bitcoin). Though they typically serve no purpose, meme coins like Dogecoin and Shiba Inu have amassed a devoted following.

Here are some things to consider and resources to assist you spot a coin that isn’t a “rug pull” (or other fraud). A rug pull is a coin whose creators will take money and then remove it from the platform you bought it on, retaining the money you spent.

1. Use Cases

On its blockchain, Ethereum uses the ether (ETH) token as a payment method. Because of this, ETH is an ideal illustration of a use case that could encourage someone to purchase ETH. Ethereum is a perfect ecosystem for developing DeFi applications since it is built for scalability and future growth.

The global virtual computer Ethereum, which runs a large portion of DeFi and is reportedly the preferred option for Web 3 developers, is finding more and more applications. Often, new utility tokens that operate on the Ethereum Virtual Machine (EVM) are created.

In contrast, Bitcoin was created exclusively as a means of payment. However, the token took on a new function when investors saw that its value was increasing. A large portion of the global economy was momentarily shut down by the pandemic, and stock markets all over the world plummeted. For investors seeking to protect assets and make a speculative investment, Bitcoin emerged as a safe haven.

The likelihood that a new coin will endure long enough to see growth increases with the number of use cases it and the blockchain it supports have. This won’t always be the case, though.

2. Liquidity

A cryptocurrency must have sufficient trading volume to enable speedy sales if necessary. Whether you come across a cryptocurrency that has no volume, you might want to wait to see whether that changes. A new cryptocurrency may be a hoax or not yet worth purchasing if other investors aren’t trading it in large quantities.

3. Value

Determine the potential or actual value of a coin. If something is valuable to you, it’s likely to be valuable to others. This kind of value isn’t just financial; it can also be intangible, like an NFT that you personally connect with.

Some musicians and songwriters are using their music to create NFTs. In addition to giving you ownership of the token and any rights the artist provided at the time it was coined, buying a song NFT directly supports the artists. The aforementioned sports tokens could be the future equivalent of trading cards or DVDs.

Other things to think about are:

  • Prospects: If you can find a cryptocurrency that has an advantage over others, such as solving a common issue, it could be a wise investment due to its potential for durability.
  • Supply and demand: The maximum supply of several cryptocurrencies is set in advance. There won’t be any more tokens created once that limit is reached, usually through mining activity. Depending on use cases and market sentiment, demand may rise or fall.
  • Price and volume: It’s simple to find current information regarding cryptocurrency trading online. Digital currencies are likely to have momentum if their prices and trading volume are rising. Although there is no assurance that this momentum will continue, it is still a helpful method of identifying the digital currencies that investors are most interested in.

What Are the Newest Cryptocurrencies?

There is never a shortage because new coins are released every day. On March 1, 2025, Solana Treasury Machine (STM), 101M (101M), AND IT’S GONE (GONE), Dog on Base (DOG), and Finvesta (FINVESTA) were among the new coins published on Binance.

Which Crypto Will Give 1000×?

Due to their extreme volatility and the fact that sentiment influences prices more than fundamentals, it is challenging to forecast which cryptocurrency will do well in the future.

Which Is the Best Upcoming Cryptocurrency?

Which is best depends on who you question, their perspective on the market, their level of risk tolerance, and their level of industry knowledge. Therefore, the finest emerging cryptocurrency is the one that satisfies every investing requirement you have.

Wrapping up, the market for investable cryptocurrencies and related goods and services is currently little and needs to be carefully considered. To determine whether investing in digital assets and new cryptocurrencies makes sense for your objectives and financial situation, you should first speak with a financial expert.

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