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10 Best Web3 Coins to Buy in 2024

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The search for the best Web3 coins to buy in 2024 involves analyzing several critical factors shaping the market.

Scalability solutions and technologies, such as sharding and layer-2 protocols, will enhance network performance and are expected to unlock new levels of efficiency. At the same time, interoperability enables seamless data exchange across platforms.

Additionally, the growth of decentralized applications (DApps) and a focus on privacy, security, and sustainability influence which Web3 projects will lead the way.

In the next phase of this article, we’ll explore the 10 most promising Web3 coins that capitalize on these trends and offer the best opportunities for savvy investors.

Our picks for the best web3 coins in 2024

  1. Pepe Unchained (PEPU): Layer-2 Ethereum solution combining fast, low-cost transactions with the cultural power of the Pepe meme to raise $22M+ in presale funds.
  2. Crypto All-Stars (STARS): Stake the top meme coins and earn 3x rewards with $STARS.
  3. Flockerz (FLOCK): DAO-based meme coin with vote-to-earn rewards.
  4. FreeDum Fighters (DUM): Join and earn from a satirical crypto battle between two fictional US presidential candidates.
  5. Sponge V2 (SPONGEV2): Latest edition of the 2023 Sponge token that grew 100x.
  6. SpacePay (SPY): New crypto payment solution with low-cost transacting.
  7. Shiba Shootout (SHIBASHOOT): Offers Play-to-Earn gameplay, crypto rewards, community incentives, and unique staking features through immersive Wild West action.
  8. Sui (SUI): Ranked due to its unparalleled scalability, developer-friendly Move language, and focus on user experience, making it ideal for Web3 apps, gaming, and DeFi.
  9. Worldcoin (WLD): Combining global identity verification with privacy-preserving technology, incentivizing mass adoption through free token distribution, aligning with Web3’s principles.
  10. Sei (SEI): Sector-specific Layer 1 blockchain optimizing decentralized exchanges with high-performance blockchain infrastructure — driving with unmatched speed, scalability

A closer look at the best web 3.0 crypto coins in 2024

With protocols, peer-to-peer networking, and decentralization, Web3 can be tricky to grasp fully. Here is a more detailed look at the projects mentioned above, with a little more detail on how they work.

1. Pepe Unchained (PEPU): Layer-2 Ethereum blockchain fueled by the Pepe meme’s cultural impact

Pepe Unchained (PEPU) is quickly becoming one of the best Web3 coins to buy in 2024, thanks to its innovative approach to blockchain technology and appeal within the meme coin space.

As a Layer-2 solution and decentralized network on the Ethereum blockchain, Pepe Unchained addresses a significant pain point for users—high gas fees.

By enabling faster transaction speeds and significantly lower costs, $PEPU ensures smoother, more efficient transactions, making it a strong Web3 crypto contender.

pepe unchained tokenomics
Chart showing $PEPU tokenomics

Leveraging the iconic Pepe meme, Pepe Unchained drives engagement and adoption due to its potential for substantial returns, given its early-stage status and promising roadmap.

With over $22 million raised in the early stages and a vision for future developments, including NFT integration and strategic partnerships, this Web3 project is clearly built for longevity.

The project’s Layer-2 solution, known as the Pepe Chain, offers a dedicated blockchain with 100x faster transaction speeds than Ethereum.

Pepe Unchained is a valuable asset for investors seeking a Web3 platform that blends cultural relevance with technological innovation.

Pros

  • Significantly lower fees than Ethereum
  • Meme-driven appeal
  • Staking rewards for $PEPU holders

Cons

  • Limited real-world adoption
  • Competition from other Layer-2 solutions

2. Crypto All-Stars (STARS): Stake 10 Meme Coins in One Platform

Crypto All-Stars ($STARS) is a Web3 crypto project designed around the ERC-1155 multi-token standard. With this setup, the platform lets token holders stake the most popular meme coins under one roof. 

Some of the meme coins that users can stake in the ‘MemeVault’ include $DOGE, $SHIB, and $PEPE. Additionally, staking $STARS, the native token, provides users with 3x more staking rewards.

Crypto All-Stars tokenomics
STARS tokenomics

Developers plan to add more meme coins to be staked on the MemeVault down the line, allowing for more widespread use of the Web3 project. Currently, users can stake $STARS during the presale and earn 573% APY returns.

Over 1.2 billion $STARS have already been staked on the platform, and token rewards occur at a 2,801.44 $STARS to ETH block rate. Read the Crypto All-Stars whitepaper for more details, and join the Telegram channel for the latest news.

Pros

  • Stake top meme coins in one hub
  • 3x staking rewards for $STARS holders
  • 10 meme coins can be staked on the MemeVault

Cons

  • Limited utility
  • Highly volatile meme coin asset

3. Flockerz (FLOCK): Decentralized Governance Token with Vote-to-Earn Mechanism

Flockerz ($FLOCK) is another Web3 token to buy. It offers decentralized rewards for token holders who vote on the platform. Through the FlockTopia decentralized autonomous organization (DAO), all $FLOCK owners have a voice and can shape the future of the crypto project.

The platform’s vote-to-earn feature rewards those who vote when the time comes. The more a $FLOCK holder votes, the more they earn. This incentivizes proper contribution to the platform’s overall sustainability, with 25% of the total token supply allocated for these voting rewards.

FLOCK tokenomics

The $FLOCK presale raised over $1 million within weeks of its ICO. Currently, $FLOCK is priced at $0.0058394, which continues to rise as the presale progresses. Purchasing the token with this discount can be beneficial for early buyers.

Users can also stake $FLOCK, which offers over 1,600% APY returns at the time of writing. More than 108 million $FLOCK have been staked on the platform, and 25% of the entire token supply is reserved for staking pools. See the Flockerz whitepaper for more details, and join the Telegram channel for the latest information.

Pros

  • All $FLOCK holders can vote on the project’s future
  • Vote-to-earn feature rewards voting contributions
  • High staking rewards during presale

Cons

  • Untested DAO meme coin adoption
  • Competition among othe DAO tokens

4. FreeDum Fighters (DUM): Satirical Crypto Project on 2024 US Presidential Candidates

The next Web3 coin is FreeDum Fighters ($DUM), a spinoff of the upcoming US presidential elections where users can stake to vote on fictional candidates. The platform features two staking pools, one for each character: Magatron and Kamacop.

$DUM, the native token, provides holders with staking and voting utility for gamified rewards. Staking on one side’s pool adds points to the faux elections, creating a battle between the current leader, Magatron, and the laggard Kamacop. The former offers 411% APY in its pool, while the latter 1,782% APY returns.

DUM presale

Additionally, weekly debates will be hosted on the FreeDum Fighters platform. Here, users can generate lively arguments for each side. The winning arguments will unlock token airdrop rewards for their candidate and those staking in its pool.

$DUM holders are not limited to staking in just one pool, so users can vote for both sides to hedge their earnings. 20% of the total supply of $DUM is allocated to staking rewards. Check out the FreeDum Fighters whitepaper and join the Telegram channel for the latest news.

Pros

  • Stake-to-vote for PolitiFi rewards
  • Up to 1,782% APY, depending on the rewards pool
  • Earn airdrop rewards by winning weekly debates

Cons

  • Not a traditional financial investment
  • Has some unreleased features

5. Sponge V2 (SPONGEV2): Earn P2E Rewards with the Newest Version of the Sponge Token

Sponge V2 ($SPONGEV2) is the latest edition of the popular Sponge token, which was discontinued last February 2024. Sponge V1 saw 100x growth back in 2024, and the new $SPONGEV2 token aims to replicate its success.

Although Sponge V2 shares some similarities with its predecessor, the new token has its own set of tokenomics, with a 150 billion $SPONGEV2 total supply. Previous Sponge V1 token holders could bridge their tokens on the new platform and earn $SPONGEV2, which has now been moved to the Polygon chain from Ethereum.

sponge tokenomics
SPONGE tokenomics

The Sponge community awaits the P2E racing game that Sponge V2 has promised to release. As part of its gameplay, the game will allow users to earn $SPONGEV2. 8% of the total $SPONGEV2 supply is allocated for P2E rewards to support this feature.

There have been over 13,000 $SPONGEV1 holders as the token hit a $100 million market cap. Now, users who have bridged the old token and others who have $SPONGEV2 can stake the new coin for 27% APY returns. See the Sponge V2 whitepaper and subscribe to the Telegram channel for the latest updates.

Pros

  • P2E racer game in the making
  • Over 15.9 billion $SPONGEV2 have been staked
  • Earn 27% APY returns

Cons

  • Success of V1 does not translate to SPONGEV2 performance
  • Limited utility besides staking and P2e

6. SpacePay (SPY): Crypto Project Aiming to Transform Decentralized Payments

Launched in 2023, SpacePay ($SPY) is a Web3 point-of-sale solution for various cryptocurrencies. The project aims to launch across 9 countries to innovate how crypto payments are made. Currently, the platform supports over 325 crypto wallets.

The Lonon-based startup SpacePay has already raised over $449K in its $SPY presale. With 34 billion total $SPY tokens, 20% is allocated for purchase during the presale. 18% will be used for strategic partnerships in the ecosystem and another 18% for marketing and community building.

SPY presale

Users can reserve $SPY tokens using ETH, BNB, MATIC, AVAX, BASE, USDT, or USDC. With this multitude of options, many crypto enthusiasts can easily invest in the project and receive their presale holdings once $SPY gets its first DEX listing.

SpacePay also features multi-chain operability, meaning it can be held on different networks. Users can buy the token on Binance Smart Chain, Polygon, Avalanche, Base, and Ethereum. For more details on the project, check out the Space Pay whitepaper and join the Telegram channel for the latest updates.

Pros

  • Exciting Web-3 POS solution
  • Presale earned almost half a million in USDT
  • Led by award-winning startup, SpacePay

Cons

  • No token staking
  • Still an unproven crypto project

7. Shiba Shootout (SHIBASHOOT): Immersive wild west adventure with play-to-earn mechanics and crypto rewards

Shiba Shootout stands out as the best Web3 coins to buy in 2024, thanks to its engaging Play-to-Earn (P2E) mobile game.

Set in the Wild West-themed town of Shiba Gulch, the game immerses players in thrilling gunfights and rewards them with cryptocurrency.

This Web3 crypto project is not just about gaming; it integrates blockchain technology tools to offer unique features like governance roundups, where players influence game development through voting.

Graphic showing $SHIBASHOOT tokenomics

The posse rewards system encourages community building by offering bonus tokens for inviting friends, while lucky lasso Lotteries provide opportunities allowing users to win substantial crypto prizes and support charitable causes.

Savings saddlebags and cactus staking add value with automatic token savings and visually appealing staking rewards.

Shiba Shootout combines immersive gameplay with innovative Web3 elements, making it a prime choice for those interested in Web 3.0 and Web gaming.

Pros

  • Governance participation for players
  • Opportunities for significant crypto prizes
  • Crypto rewards for in-game achievements

Cons

  • Limited appeal to those not interested in Web3 gaming
  • Requires active participation to maximize rewards

8. Sui (SUI): High-performance layer-1 blockchain platform designed for global Web3 adoption

Sui (SUI) stands out as one of the best Web3 coins 2024 due to its robust technical foundation and innovative approach.

As a layer-1 blockchain platform, Sui offers unparalleled scalability and speed through its unique parallel processing architecture, enabling it to handle high-throughput demands, such as those seen in Web3 games and DeFi applications.

Using the Move programming language, Sui ensures security and fosters a developer-friendly ecosystem, making it easier for blockchain developers to build and deploy Web3 apps.

SUI (1-year) financials and price chart on ValueWalk
SUI financials and price chart | Source

Furthermore, Sui’s extensive coverage of diverse use cases, ranging from NFTs to decentralized finance, highlights its versatility within the Web 3.0 ecosystem.

The platform’s focus on user experience demonstrated through features like zkLogin and programmable transaction blocks, makes it accessible for mainstream adoption.

Sui’s efficient gas model and exploration of sharding further cement its position as a top Web3 project with long-term potential. For investors eyeing Web3, crypto assets, Sui offers a compelling blend of scalability, security, and innovation.

Pros

  • High transaction throughput via parallel processing
  • Scalable design for handling large-scale adoption
  • Innovative transaction model with object-based design

Cons

  • Ecosystem still under development
  • Move language may have a steep learning curve

9. Worldcoin (WLD): Global identity verification with privacy protection via Orb technology

Worldcoin (WLD) is one of the most promising Web3 coins in 2024 due to its revolutionary approach to identity and financial inclusion. The project aims to build the largest identity and financial network as a public utility, giving everyone ownership.

The core of Worldcoin’s ecosystem is World ID, a privacy-preserving global identity network and user-centric internet that allows users to prove their humanity online through zero-knowledge proofs.

WLD (1-year) financials and price chart on ValueWalk
WLD financials and price chart | Source

By offering free WLD tokens to Orb-verified users over a decentralized wireless network, Worldcoin incentivizes mass adoption, making it one of the best Web3 coins with strong potential for widespread use.

As Web3 projects emphasize decentralization and privacy, Worldcoin’s alignment with these principles positions it as a top contender in the Web3 crypto space.

With rising adoption in the digital world, different regions, real-world applications, and unique value proposition, Worldcoin stands out as a leading Web3 platform that could redefine identity and financial systems globally.

Pros

  • Supports global democratic processes
  • Free tokens distributed to incentivize participation
  • Aligns with Web3 principles of privacy and decentralization
  • Innovative privacy-preserving technology
  • Global reach with widespread adoption

Cons

  • Token not available in the US
  • Requires physical visit to an Orb for verification
  • Dependence on Orb operators for verification
  • Privacy concerns despite encryption

10. Sei (SEI): Powering next-gen DEXes with a specialized blockchain infrastructure

Sei ($SEI) stands out as one of the best Web3 coins to buy in 2024 due to its focus on revolutionizing decentralized exchanges (DEXes) through a high-performance, sector-specific Layer 1 blockchain.

This platform is meticulously designed to enhance the speed, scalability, and reliability of DEXes, which are critical for the success of Web3 projects, including Web3 gaming, decentralized applications, and DeFi applications (or, as they would say, ‘SeiFi’ applications).

By addressing traditional blockchains’ challenges, Sei ensures seamless operation even under high transaction volumes, making it a cornerstone for Web3 apps that demand rapid execution.

SEI (1-year) financials and price chart on ValueWalk
SEI financials and price chart | Source

Beyond its technical prowess, Sei is committed to sustainability, focusing on carbon neutrality, aligning with the growing demand for eco-friendly blockchain solutions.

Its early-stage status presents a compelling growth opportunity backed by strategic partnerships and a developer-friendly ecosystem.

As Sei continues to develop its ecosystem with innovations like SeiSwap and SeiBridge, it is set to lead the charge in the Web3 platform landscape, making it a top contender among Web3 coins to invest in for 2024.

Pros

  • Scalable architecture supports growing dApps and DeFi services
  • Sector-specific design tailors performance for DEXes
  • Carbon neutrality aligns with eco-friendly practices

Cons

  • Carbon neutrality goals may face implementation challenges
  • Complexity of integration with existing systems
  • Evolving ecosystem may introduce integration delays

Our favorite Web3 coins for 2024 compared

NameSymbolProject typeBlockchainToken supply
Pepe Unchained$PEPULayer 2 blockchain / Meme coinEthereum8B
Crypto All-Stars$STARSMeme coin stakingEthereum42.069B
Flockerz$FLOCKVote-to-earnEthereum12B
FreeDum Fighters$DUMPolitiFi Ethereum and more270B
Sponge V2$SPONGEPlay-to-earnPolygon150B
SpacePay$SPYCrypto payments solutionEthereum34B
Shiba Shootout$SHIBASHOOTPlay-to-EarnEthereum2.2B
Sui$SUILayer-1 blockchainSui Network10B
Worldcoin$WLDGlobal identity networkEthereum10B
Sei$SEILayer 1 blockchainSei Network10B

Pros

  • Range of proprietary tech forthcoming
  • Wide variety of content available

Cons

  • No timeline specified for launch of VR headset and chair

What are Web3 coins?

There is often confusion surrounding Web3 and how it differs from similar concepts such as blockchain networks and cryptocurrency.

To clear things up, here are some common features and characteristics of Web3 tokens:

  • Utility and functionality: Using decentralized applications (dApps), Web3 tokens often bring unique and innovative utility to solve a particular problem or fill a gap in the market. Some projects mentioned above are great examples, providing product offerings in areas like WiFI for search engines and cloud storage.
  • NFTs: Non-fungible tokens (NFTs) are a specific kind of Web3 token and often form the basis of Web3 projects. They can almost be seen as virtual real estate and can play a major role in enhancing the level of digital ownership within a project.
  • Community governance: Many Web3 tokens are hinged on community participation and governance. For instance, Helium Network requires users to contribute hotspot nodes to achieve rapid growth.

The benefits of Web3 crypto projects

Web3 can allow developers and creators easier access to a world of possibilities. Here are some of the standout benefits of the technology:

  • Financial inclusion: Many Web3 projects strive to solve real-world problems through decentralized systems, and they strive for increased affordability. In addition, Web3 tokens can enable the fractional ownership of assets that may otherwise have been unaffordable. 
  • Transparency: As with all blockchain technology, transactions involving Web3 tokens are completely traceable on the blockchain and cannot be altered. This creates enhanced levels of transparency and security compared with traditional financial systems.
  • Democracy: Due to their decentralized nature, Web3 projects allow users to participate in decision-making. This creates a sense of ownership and democracy that often cannot be found when using the semantic web, and it again enhances the level of trust among the stakeholders.

Web3 vs. Web2 (Detailed side-by-side)

FeatureWeb2Web3
CentralizationHighly centralized (controlled by corporations)Decentralized (controlled by communities)
Data OwnershipUsers have limited data ownershipUsers have full control over their data
TrustRelies on intermediaries for trustBuilt on trustless systems (blockchain)
AccessibilityWide accessibilityMay have technical barriers for some users
SecurityVulnerable to hacking and data breachesMore secure due to blockchain technology
PrivacyUser privacy is often compromisedUser privacy is prioritized
Economic ModelBased on advertising and user dataBased on token economics and decentralized finance (DeFi)
Content CreationControlled by a few platformsEnabled by anyone with an internet connection
InnovationSlower pace of innovationFaster pace of innovation due to decentralization
GovernanceControlled by corporationsIt may require a learning curve for new users
InteroperabilityLimited interoperability between platformsHigh interoperability between decentralized applications (dApps)
ScalabilityChallenges with scalability for large-scale applicationsStill developing scalable solutions
RegulationHeavily regulated by governmentsEmerging regulatory landscape
User ExperienceFamiliar user experienceCould require a learning curve for new users
PotentialSignificant potential for disruption and innovationRevolutionary potential to transform industries

Evaluating the best Web3 coins: Our methodology

Identifying the best Web3 coins to buy in 2024 required an in-depth evaluation process. Let’s evaluate:

  • Extensive market research: We conducted a comprehensive analysis of the Web3 crypto market, focusing on projects with proven growth, active communities, and innovative use cases in Web3 platforms and applications.
  • Technology evaluation: We evaluated each Web3 project’s underlying technology and infrastructure, prioritizing those with robust blockchain solutions, decentralized protocols, and interoperability features that align with Web3.0 principles.
  • Community engagement and adoption: We assessed the level of community engagement, developer activity, and user adoption for each Web3 coin, as these are critical indicators of a project’s long-term viability and potential for growth.
  • Use cases and real-world application(s): We analyzed the use cases of each Web3 crypto, focusing on those driving significant adoption across Web3 apps, startups, gaming, and other decentralized applications (dApps).
  • Market performance and future potential: We reviewed historical price trends, market capitalization, and overall financial performance while also considering future potential based on roadmaps, partnerships, and ongoing development within the Web3 space.

FAQs

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References

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At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

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