The 8 Best ERC20 Tokens Available in 2024

With the Ethereum blockchain now boasting thousands of ERC20 tokens, finding the best ones can be tricky. That’s why we’ve compiled this list of the best ERC20 tokens to buy in 2024.

Our research uses blockchain analysis tools like DappRadar and CoinGecko to measure factors such as market cap, potential for growth, product-market-fit, and number of on-chain users.

The result is a mixture of ERC20 projcects with a variety of risk and reward levels, including established “blue-chip” tokens and promising newcomers.

This month, we added Flockerz and FreeDum Fighters to this page and removed some outdated listings.

Our picks of the best ERC20 coins to buy in 2024

1. Pepe Unchained (PEPU): Taking the wildly successful Pepe meme coin and evolving it with a dedicated Layer-2 solution on the ERC20 token standard.
2. Crypto All Stars (STARS): A unique project bringing together the biggest ERC20 meme coins on the market.
3. Flockerz (FLOCK): A decentralized autonomous organization (DAO) handing voting rights to the owners of $FLOCK with features such as vote-to-earn.
4. FreeDum Fighters (DUM): Earn significant staking rewards by participating in US presidential election parody token.
5. Sponge V2 (SPONGEV2): This revamp of the original Sponge token introduces added staking features and a play-to-earn game in development.
6. Decentraland (MANA): One of the first true Metaverse platforms, Decentraland is a community-built 3D virtual world where individuals can buy plots of land using the $MANA token.
7. Chainlink (LINK): A blockchain abstraction layer that enables universally connected smart contracts through a decentralized oracle network.
8. ApeCoin (APE): The native token of the infamous multi-billion dollar NFT collection, the Bored Ape Yacht Club. ApeCoin functions as the primary currency of the DAO and allows users to participate in decision-making and project proposals.

A closer look at the best ERC20 crypto coins in 2024

Below we will dive further into the best ERC20 crypto coins to look out for. It is recommended to always do your own research into cryptocurrencies and assess your risk appetite before investing.

1. Pepe Unchained (PEPU): Using ERC-20 to take Pepe from Layer 1 to Layer 2

Pepe Unchained is an ERC-20 token striking a perfect balance between utility and viral potential.

It takes the legendary Pepe coin and brings it into 2024, turning it into a Layer 2 network on the Ethereum blockchain. This positions Pepe Unchained as a fierce contender in the meme coin world, bringing unique utility that few other projects can match.

Project features

• The Layer 2 solution offers 100x quicker transactions and lower fees
• Earn 103% APY for securing the network
• Instant bridging between the Ethereum and Pepe chains
• Viral potential thanks to use of legendary Pepe branding

Why PEPU is one of the best ERC-20 tokens in 2024

Pepe Unchained’s combination of utility and branding makes it a highly promising project to watch in 2024, and arguably one of the best ERC-20 tokens around right now.

Not only does the innovative Layer-2 technology enable lightening-fast transactions and lower fees, but the project’s generous staking program could also enable significant rewards for long-term holders.

Moreover, the project’s iconic branding is likely to resonate with meme coin enthusiast and hand the project an extra boost.

This is reflected in the project’s early success, with it having now reached over 100% of its fundraising goal ($17.3 million). As a result, the developers will be much more likely to fulfill the plan’s outlined in the project’s roadmap, such as introducing new, unique features and seeking listings on decentralized exchanges.

2. Crypto All-Stars (STARS): Using ERC-20 to enable multi meme coin staking

The word ‘revolutionary’ is thrown around carelessly in the cryptocurrency space, but new project Crypto All-Stars lives up to this title.

The project is a celebration of meme coin culture, and this is reflected in its main feature the ‘MemeVault’. This is a mechanism allowing users to stake a variety of the most popular meme coins – including Dogecoin, Shiba Inu, Pepe and more – in one convenient place.

Staking bonuses are then distributed in the form of the $STARS token, which is built using the ERC-20 token standard.

Project features

• Stake all of the biggest Ethereum ecosystem meme coins in one place
• 3x staking bonuses for $STARS holders
• Investors who join during the presale will earn a boosted $STARS yield (currently 573%)

Why $STARS is one of the best ERC-20 tokens available

ERC-20 is the single most popular standard on the cryptocurrency market, and so it can take something special to stand out.

Fortunately, Crypto All-Stars is just that. Its ‘MemeVault’ concept is truly unique, and brings accessibility to holders of any Ethereum network meme coin.

With this in mind, Crypto All-Stars seems likely to fulfil its fundraising target and earn listings on decentralized exchanges, and therefore comfortably qualifies as one of the best ERC-20 tokens on the market today

3. Flockerz (FLOCK): Vote-to-earn on ERC-20 token standard

Decentralized autonomous organizations (DAOs) are an exciting trend in the web3 space, allowing investors to get their fingerprints on the project with perks such as voting rights.

Flockerz has taken this model and created an earning mechanism with it. As a result, not only can early investors vote on the project’s future, but they can also earn $FLOCK tokens by doing so.

Project features:

• Vote-to-earn: Holders of $FLOCK tokens can contribute to decision making for things like new project features, and can also earn tokens by doing so
• Generous staking APY for early investors: More than 1,600% at the time of writing
• A quarter of the total supply of $FLOCK is set aside for the vote-to-earn reward system

Why Flockerz is one of the best ERC-20 tokens

Most crypto investors are targeting a significant return on investment. However, attributes such as governance are becoming increasingly popular in the world of blockchain.

Flockerz combines the two of these things, providing early investors with an engaging experience of getting closer to the inner-workings of the project, whilst also earning tokens for their efforts.

These elements make Flockerz a clear candidate for the best ERC-20 token in 2024.

4. FreeDum Fighters (DUM): US Presidential Race Parody Token with Stake-to-Vote Rewards

FreeDum Fighters ($DUM) is a satirical crypto project that lets users earn rewards by “voting” on fictional candidates Magatron and Kamacop. The meme coin parodies the upcoming 2024 US presidential election and gamifies earnings.

Project Features

• Multi-chain functionality makes $DUM compatible with popular blockchains
• Positioned in the middle of the growing U.S. presidential race buzz, gamification, and crypto technology
• Earn airdrop rewards by winning FreeDum Fighter weekly debates
• Stake-to-vote feature lets users “vote” on candidates by staking $DUM

Why DUM is one of the best ERC-20 tokens in 2024

Weeks after the $DUM presale launch, FreeDum Fighters has already raised over $254K and continues to gain traction. The ERC-20 token also has multi-chain interoperability as it can be stored in Ethereum, Solana, Base, and Binance Smart Chain networks.

$DUM annual reward rates vary depending on which staking pool the user chooses to stake their tokens. Magatron’s staking pool offers about 411% APY, while Kamacop’s pool provides 1,782% APY.

See the FreeDum Fighters whitepaper for more details, and join the Telegram channel for the latest news.

5. Sponge (SPONGE): 100x meme coin with over 10,000 holders

Sponge V2 is an extensive revamp of the original Ethereum token that exploded in May 2023, soaring to a market cap of

One of the project’s main added utility features is its new play-to-earn racer game. The developers have said that the game will be available on launch, and that it will offer users the opportunity to earn more $SPONGE.

SpongeV2 is available on both the ERC20 network and the layer 2 chain Polygon, enabling cheaper transaction fees. You can buy and stake $SPONGE with $ETH, $MATIC, or $USDT, using MetaMask or a variety of popular ERC20-compatible crypto wallets.

$SPONGE can be staked on both blockchain networks, with the Polygon network currently offering over 360% staking rewards.

Since its launch in February 2024, $SPONGE V2’s price has grown by over 63%.

6. Decentraland (MANA): One of the first 3D worlds built on the Metaverse

Decentraland is a browser-based 3D virtual world and one of the first true metaverse platforms to be launched in the crypto space.

$MANA is the native ERC20 token of the platform and can be used to buy and sell ‘Land’ (Decentraland’s virtual real estate), accessories, and to participate in virtual games.

In 2021, $MANA reached all-time highs of $5.90, fueled partly by the rise of metaverse platforms. The token is currently priced at $0.59, doubling in price since its lows of $0.28 in October 2023.

You can buy a plot of Land in Decentraland and build whatever you want on it, including houses, art galleries, digital experiences, escape room games, music arenas, and, amphitheaters.

Fashion brands such as Dolce & Gabbana, Tommy Hilfiger, Adidas and Nike have embraced Decentraland, building out fashion galleries, branded adventure suites, treasure hunts, and puzzle strategy games.

7. Chainlink (LINK) – Decentralized oracles network that connects information between chains

Chainlink was created in 2017 and is the largest decentralized oracles network in the web3 sector. Chainlink has a highly important role as it is the bridge that connects information and data transfer between blockchains.

This decentralized oracles network allows blockchains to securely interact with external data feeds, events, and payment methods, providing crucial off-chain information required by complex smart contracts.

Chainlink’s native erc20 token, $LINK, can be staked and is locked en masse by node operators.

One unique factor of Chainlink is the balance between community incentives and business growth in its tokenomics model. From the total token supply (1 billion), 35% was allocated to the public sale in ICO, 35% was dedicated to node operators and ecosystem development, and the final 30% was allocated to the growth of the company.

According to the Chainlink Ecosystem’s website, there are 2,000 projects and over 2,400 integrations using the project’s decentralized Oracle infrastructure.

8. ApeCoin (APE): Native token of the highly-valued Bored Ape Yacht Club NFTs

ApeCoin is the native token of the infamous multi-billion dollar NFT collection, the Bored Ape Yacht Club. ApeCoin functions as the primary currency of the DAO and allows users to participate in decision-making and project proposals.

The Bored Ape Yacht Club NFT collection became the highlight of 2021 and the NFT bull market with celebrities such as Justin Bieber, Snoop Dogg, and Gwyneth Paltrow purchasing the ape NFTs. The collection comprises 10,000 digital NFT art pieces with a total value of over $1 billion.

A special highlight of Bored Ape Yacht Club is its partnership with Adidas, bringing sportswear to the metaverse.

The $APE token was created to support the evolution of art, gaming, entertainment, digital and physical events, and storytelling.

$APE saw all-time highs in March 2022, nearly touching the $40 mark. In October 2023, at the start of the current bull cycle, $APE bottomed at $1.02 with the token price now below $2.

How to find the best Ethereum tokens to buy in 2024

If you are wondering how to find the best Ethereum network tokens to buy in 2024, we have listed below some simple tips that can help you on your journey.

Find new ERC20 presales

Crypto presales are some of the best ways to find new, up-and-coming crypto tokens. You can check exchanges such as Binance or OKX that frequently promote new ICOs through their launchpads.

Binance Labs is known for incubating and releasing successful projects, which are likely to be immediately listed on the top-tier exchanges.

Search using social media

Social media is one of the most powerful tools to use in the crypto space. This is a trend that dates back almost two decades, with crypto enthusiasts frequently communicating over chat forum sites such as 4Chan and BitcoinTalk.

Today, X (formerly Twitter) is the go-to place to scout the latest trends and information on the crypto markets.

Reddit is also a favored social media platform by web3 communities, with individual subreddits, such as r/bitcoin, being created for specific insights into particular blockchains or projects.

Crypto exchanges

Exchanges, both centralized and decentralized, are the backbone of cryptocurrency trading markets. The best ERC20 tokens will be listed on the most popular crypto exchanges.

Exchanges will make announcements when planning to list a new token, but you can always find clues or leaks across social media in advance.

Some individuals may even analyze the exchange’s hot wallets to see if new token contract addresses have been added, which can indicate the listing of a new token.

You can also check out our coverage of new potential Binance and Coinbase listings for further insights.

Stay abreast of trends using news sources

News sources are one of the primary ways to find timely information without having to sift through countless social media posts. Outlets such as CoinTelegraph and CoinDesk, for instance, publish daily news on the crypto industry.

A good tool to use is the CoinMarketCap News Aggregator, which is a feed of the latest news from all the top crypto news outlets.

Staying safe

Before diving into the cryptocurrency space, it is crucial to understand some key security points to ensure the security of your assets. Here are a few key tips to keep in mind when navigating the crypto markets:

• Never share your private keyto your cold wallet
• Always use a separate email address for crypto exchanges
• Ensure that sites, decentralized applications, and any exchanges you visit show the correct link

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