6 Contenders for the Next Ethereum in 2024

Altcoins refer to any cryptocurrency other than Bitcoin. These coins were created as alternatives to Bitcoin and are proving increasingly popular, often offering differing features, technologies, or use cases.

With the world of crypto growing rapidly and opportunities emerging daily, we’ve identified more than a dozen players that could contend to be the next Ethereum.

This month we added FreeDum Fighters and Sponge V2 and removed a few older listings.

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Project Launched

November 2024

Our picks of the top Ethereum network competitors in 2024

With a growing number of competitors in the blockchain space, we put 6 contenders for the next Ethereum to the test.

Pepe Unchained ($PEPU): A popular crypto project that upgrades the Ethereum blockchain, making trades faster and cheaper.
Crypto All-Stars ($STARS): Ethereum competitor in the staking space, generously rewarding meme coin staking.
Flockerz ($FLOCK): Vote-to-Earn meme coin with community-driven governance.
FreeDum Fighters (DUM): Earn through staking and airdrops with this new PolitiFi meme token.
Sponge V2($SPONGE): Latest iteration of the Sponge meme token that had 100x growth in 2023.
Shiba Shootout ($SHIBASHOOT): Community-centric project with generous rewards and utility.

A closer look at the best Ethereum alternatives in 2024

Having identified some alternative pathways to trading Ethereum, we detail our examination of each project.

1. Pepe Unchained: Popular new meme coin that upgrades the Ethereum blockchain

Pepe Unchained ($PEPU) is an exciting new meme coin and a crypto project that aims to solve Ethereum’s scaling issues. For that purpose, the team is building a Layer 2 blockchain on Ethereum with 100x the throughput for a lower cost.

Pepe unchained tokenomics — _{PEPU tokenomics}

With instant bridging between Ethereum Mainnet and the Pepe Unchained Layer 2, users can trade efficiently on the latter and bridge to the former whenever they want. If all goes well, this could become the hub for meme coin trading on Ethereum, helping $PEPU explode once the presale ends.

The only meme coin that boasts its own Layer 2 solution is Shiba Inu. Because of that, developers can build various DeFi and metaverse apps, bringing value to Shiba Inu token holders.

Given that no other meme coin offers a Layer 2 blockchain, Pepe Unchained has a massive first-mover advantage over its frog-themed peers.

Thanks to its massive value proposition, Pepe Unchained has raised over $21 million in its presale, showing strong investor demand.

Total Supply	8 billion
Tokens Available in ICO	1.6 billion
Blockchain	Ethereum
Token Type	ERC-20
Minimum Purchase	N/A
Purchase with	ETH. BNB, USDT, Credit Card

Pros

Utility via its Layer 2 Ethereum blockchain solution
Staking APY of over 200% dynamic during the presale
Raised over $9 million in its presale

Cons

Staking rewards are only available on the Ethereum blockchain
Staking APY drops as more tokens are staked

Visit Pepe Unchained

2. Crypto All-Stars: Innovative meme coin staking platform with generous rewards

Crypto All-Stars ($STARS) is the latest meme coin craze that aims to challenge staking platforms on Ethereum. With its MemeVault, Crypto All-Stars allows holders of popular meme coins like Dogecoin, Shiba Inu, Bonk, Pepe, and Brett to lock their tokens into a single smart contract platform and reward them with $STARS tokens.

By holding $STARS tokens, stakers will get 3x the rewards from the MemeVault, incentivizing buying and locking $STARS. This should positively affect the token price in the long run.

Crypto All-Stars tokenomics — _{STARS tokenomics}

The project has raised over $450,000 within a few days, showing strong support for this type of project. Of course, the generous staking yield during the presale phase can also be attributed to the increased demand for $STARS tokens. With a generous dynamic yield of over 579%, investors can quickly double their bags.

For peace of mind, the project is audited by both Coinsult and SolidProof to ensure that there are no smart contract vulnerabilities.

Total Supply	42.069 billion
Tokens Available in ICO	8.4 billion
Blockchain	Ethereum
Token Type	ERC-20
Minimum Purchase	N/A
Purchase with	ETH, BNB, USDT, Credit Card

Pros

Stake your favorite meme coin in the MemeVault
Holders of $STARS earn 3x more rewards
Generous staking APY during the presale

Cons

Purchases made with BNB aren’t eligible for staking
There are 50 stages of presale, with a price increase at every stage

Visit Crypto All-Stars

3. Flockerz: Vote-to-Earn meme coin with community-driven governance

Flockerz ($FLOCK) is an innovative meme coin project aiming to redefine decentralization in the crypto space. At its core is Flocktopia, a DAO that allows token holders to guide the project’s future through a unique vote-to-earn mechanism.

$FLOCK is the project’s native token that powers the Flocktopia ecosystem. Holders can participate in governance decisions and earn rewards for their votes, putting the community in control of the project’s direction. This approach sets Flockerz apart from traditional meme coins by giving real power and incentives to its holders.

Based on the project’s roadmap, Flockerz plans to launch on global exchanges after the presale, expand its community, and fully implement the Vote-to-Earn system.

The $FLOCK presale currently allows early buyers a chance to grab tokens at a discounted rate of $0.0058394 and immediately start earning rewards through staking. With a high APY of over 1,700%, the project aims to incentivize early participation and long-term holding.

20% of the total $FLOCK supply is allocated to the presale phase to ensure a significant portion goes to early supporters.

You can follow Flockerz on X and join its Telegram group for the latest updates.

Total Supply	12 billion
Tokens Available in ICO	2.4 billion
Blockchain	Ethereum
Token Type	ERC-20
Minimum Purchase	N/A
Purchase with	ETH, BNB, USDT, Credit Card

Pros

Innovative Vote-to-Earn mechanism rewards community participation
High staking rewards during presale
Raised over $978K in presale

Cons

High volatility typical of meme coins and new crypto projects

Visit Flockerz

4. FreeDum Fighters (DUM): Stake-to-Vote Meme Coin Parodying US Presidential Race

FreeDum Fighters ($DUM) is a satirical crypto project based on an alternate dimension of the US presidential election. This new PolitiFi meme coin allows users to vote on two mechanized candidates called Magatron and Kamacop.

Through the native token $DUM, community members can “vote” on a fictional candidate by staking their $DUM holdings in one of two character-assigned staking pools. The smart contract is designed to incentivize staking for the less popular character, which is why the Kamacop staking pool offers 1,805.86% while Magatron’s pool returns 428.06% APY.

In addition to the already engaging stake-to-vote feature, FreeDum Fighters will hold weekly debates for each character. The winning side will receive token airdrops, allowing users to earn from their political participation.

For more details, check out the FreeDum Fighters whitepaper and subscribe to their Telegram channel for the latest news.

Total Supply	270 billion
Tokens Available in ICO	108 billion
Blockchain	Ethereum, Solana, Base, Binance Smart Chain
Token Type	ERC-20
Minimum Purchase	N/A
Purchase with	ETH, BNB, SOL, USDT, USDC

‘

Pros

Presale has already raised over $242K
$DUM has multi-chain capabilities, making it compatible with leading blockchains

Cons

Some features remain untested as they have yet to be released

5. Sponge V2 (SPONGE): Latest Version of the Sponge Meme Coin Which Saw 100x Returns

Sponge V2 ($SPONGE) is a meme coin that aims to produce investment returns of 100x or more like its predecessor, V1. The coin strives to foster a community within the cryptocurrency sphere centered around this character, offering a fresh platform for individuals who might have overlooked past meme coin movements.

sponge tokenomics — Sponge V2 tokenomics

Sponge endeavors to grow its community, broaden its user demographic, and establish its presence in the cryptocurrency market. Sponge V2 improves the original CryptoNight algorithm, which was developed to resist ASIC (Application-Specific Integrated Circuit) mining and maintain the decentralization of cryptocurrency networks

.Though past performance does not necessarily reflect future results, our review team <strong>could not ignore $SPONGEV2 as one of the best Ethereum competitors in 2024. Sponge has a massive and passionate community that can be found on Twitter, Discord, and Telegram.

Total Supply	150 billion
Tokens Available in ICO	N/A
Blockchain	Polygon
Token Type	ERC-20
Minimum Purchase	N/A
Purchase with	MATIC, Card

Pros

Meme coin market is hot right now
Potential to replicate the 100x success of Sponge V2

Cons

Unknown whether success of Sponge V1 will be replicated

Visit Sponge V2

6. Shiba Shootout: Community-focused meme coin project with generous rewards and token utility

Shiba Shootout ($SHIBASHOOT) is a popular meme coin project that uses the Shiba Inu dog mascot in a Wild West setting. While many meme coin projects bring no utility and have minimal holder value, Shiba Shootout uses many ways to reward community members.

With its referral program, both the referrer and the new investor earn bonus $SHIBASHOOT tokens. By sharing crypto and meme coin trading experiences in a storytelling format, community members can earn $SHIBASHOOT tokens.

Thanks to its Shiba Sharpshooter mobile game, players can earn tokens for playing the game. However, the token can also be used within the game to maximize the player’s abilities.

Moreover, the token can be used in the “Lucky Lasso Lotteries” to win crypto prizes. When the DAO goes live, token holders can vote on key decisions to guide the project.

Follow Shiba Shootout on X and join their Telegram group to learn more.

Total Supply	2.2 billion
Tokens Available in ICO	770 million
Blockchain	Ethereum
Token Type	ERC-20
Minimum Purchase	N/A
Purchase with	ETH, BNB, USDT, Credit Card

Pros

Various staking and community rewards
The play-to-earn mobile game is live already
Token can be used in regular lotteries and DAO voting

Cons

Meme coins are high-risk investments
Staking APY is dynamic, and it will drop during the presale

Visit Shiba Shootout

Next Ethereum comparison chart

Cryptocurrency	Ticker	Launched in	Blockchain
Pepe Unchained	PEPU	2024	Ethereum
Crypto All-Stars	STARS	2024	Ethereum
FreeDum Fighters	DUM	2024	Ethereum, Solana, Binance Smart Chain, Base
Sponge V2	SPONGE	2023	Polygon
Shiba Shootout	SHIBASHOOT	2024	Ethereum

How to find new altcoins like Ethereum in 2024

Finding the best new altcoin or the next Ethereum requires a combination of active research, networking and staying informed about developments in the cryptocurrency space. Here are some strategies to help you discover upcoming altcoin presales.

Crypto presales

Join cryptocurrency communities: Participate in cryptocurrency forums, social media groups, and online communities where members often share information about upcoming projects and presales. Platforms like Reddit, Discord, Telegram, and specialized cryptocurrency forums are good places to start.
Follow crypto influencers and projects: Follow influential figures and cryptocurrency projects on social media platforms like Twitter, YouTube, and LinkedIn. Influencers and project teams often announce presales, token launches, and other developments through their social media channels.
Monitor cryptocurrency launch platforms: Keep an eye on cryptocurrency launch platforms such as CoinList, Polkastarter, Binance Launchpad, and TrustPad. These platforms often host presales and token launches for new altcoin projects. Subscribe to their newsletters or follow them on social media to receive updates about upcoming presales.

Social media

Network with cryptocurrency investors and enthusiasts: Network with fellow cryptocurrency investors, traders, and enthusiasts to exchange information and insights about upcoming altcoin presales. Engage with community members in online forums, social media groups, and cryptocurrency events to discover new opportunities and stay informed about the latest developments.
Follow social media channels: Follow the official social media channels of cryptocurrency exchanges for news, updates, and announcements. Platforms like Twitter, Telegram, and Reddit are common channels where exchanges communicate with their users.

Crypto exchanges

Use crypto calendar websites: Utilize cryptocurrency calendar websites such as CoinMarketCap and CoinGecko’s events section to track upcoming token sales, presales, and other cryptocurrency events. These platforms aggregate information about upcoming events, including presale dates, project details, and registration instructions.
Subscribe to newsletters and mailing lists: Subscribe to newsletters and mailing lists of cryptocurrency projects, launch platforms, and cryptocurrency news websites. Many projects announce presales and token launches through email newsletters, so staying subscribed can help you stay informed about upcoming opportunities.
Participate in whitelists and pre-registrations: Some altcoin projects require users to whitelist or pre-register for their presales. Keep an eye out for announcements about whitelisting procedures and pre-registration forms on social media channels, project websites, and cryptocurrency forums. By signing up for whitelists and pre-registrations, you can secure early access to presales.

Methodology

Our research process includes consultation with a team of in-house experts, each possessing considerable experience in the world of finance and cryptocurrency. The team provided us with a shortlist of projects, and we reviewed each one to provide an assessment of features, sentiment, and likelihood of future growth.

FAQs

Which coin is going to be the next Ethereum?

Though none of our analyses are financial advice and past performance does not reflect future gains, we believe that Pepe Unchained and Crypto All-Stars are likely to produce returns similar to Ethereum in the coming months and years. The project’s striking branding and excellent utility make it a highly promising altcoin in 2024.

Which crypto will give 1000x?

It is very difficult to predict which crypto can do a 1000x. Also, it can take quite some time for a crypto even to pump 50 or 100x. However, the Pepe Unchained or Crypto All-Stars project looks to be a safe bet for high returns in 2024.