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Top Token Releases to Watch in 2024
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The Most Anticipated Token Releases of 2025: What You Need to Know

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author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
By Marcel Deer
author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
on August 06, 2024 | 6 min
Updated on Aug 06, 2024
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2024 is proving to be another exciting year in cryptocurrency. Bitcoin has reached new highs, and money has poured back into the sector in recent months. Hyped-up investors are looking for the best token to buy now; some will head for established cryptos showing potential for gains, and others will look out for the most anticipated token releases of 2024. This article looks at the latter, the most talked about token releases right now.

This year will be packed full of new token releases. There will be those with short-term potential and others with long-term utility. Meme coins, gaming, and gambling coins are once again incredibly popular.

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Top Token Releases to Watch

Top Token Releases to Watch in 2025

PlayDoge ($PLAY)

PlayDoge is a mobile play-to-earn (P2E) game in the 1990’s Tamagotchi game style but with the iconic Doge meme.

Key Features

The Doge virtual pet will be powered by $PLAY tokens. Game players care for the 2D Doge, feeding, training, and playing with it to earn tokens.

Unique Selling Points

PlayDoge combines the attraction of 90s nostalgia with game actions that were a big hit back then. Over 91 million Tamagotchi have been sold worldwide.

Technological Innovations

This token targets meme coin popularity with P2E action. When players interact with their pets they will earn XP points, pushing them up the project’s leaderboard to earn $PLAY tokens. $PLAY will also be earned through crypto staking on BNB Smart Chain or Ethereum.

Market Potential                                                                                        

PlayDoge hopes to capitalize on meme success. Doge has inspired six of the top ten biggest meme coins.

Target Audience

A token for everyone, PlayDoge targets gamers, meme fans, and staking enthusiasts.

Investment Considerations

By June 14th 2024, PlayDoge had already raised $4.6 million in its presale.

Risks and Opportunities

Meme and P2E coins can flop or fly, and of course, their utility is at the whim of collectors, gamers, and stakers. Who knows what will happen with DogeCoin but many are excited over its combination of a hit, simple game and the iconic Doge.

Base Dawgz ($DAWGZ)

Base Dawgz is another new dog-themed token, this time inspired by Shibu Inu. It has a share-to-earn model and multi-chain plans.

Key Features

This dog-themed coin is launching on Coinbase’s Base blockchain but plans to go multi-chain and be available on Ethereum, Solana, BNB Chain, Avalanche, and others. Base Dawgz is a meme coin with staking.

Unique Selling Points 

This is another meme coin that hopes to take advantage of dog-themed coin popularity. The mascot is a dog in sports gear, inspired by Shiba Inu. A “Be Social for Airdrop” campaign is planned for social media, using the popular crypto marketing strategy of airdropping tokens.

Technological Innovations

Going multi-chain means that Base Dawgz will take advantage of technology like Wormhole and Portal Bridge for cross-chain functionality.

Market Potential

Once again, who knows where a meme coin’s price will go, up or down? By mid-June 2024,  the Base Dawgz pre-sale had already raised over $1.5 million, making it an anticipated new token.

Target Audience

Base Dawgz aims for meme fans, but its share-to-earn campaign also offers points for social content and $DAWGZ tokens in return.

Investment Considerations

As a Coinbase Base chain meme coin, DAWGZ’s success may ultimately be tied to the Base chain’s success.

Risks and Opportunities

Meme coins are currently popular but very much at the whim of the market.

Mega Dice Token ($DICE)

Key Features

The Mega Dice Token is a new crypto casino token connected to an online casino that sees over $50 million wagered monthly.

Unique Selling Points

Like other crypto casino tokens, this token will have privileges and rewards for casino users. It can be staked, and it has referral bonuses.

Technological Innovations

The Mega Dice Token uses the Solana network for fast transactions with low costs.

Market Potential

$DICE holders that stake their tokens can receive rewards based on the performance of the Mega Dice Casino; there are also limited edition NFTs and rewards for Mega Dice casino users. Utility in the successful Mega Dice casino ecosystem supports this token’s potential.

Target Audience

With this anticipated new token, Mega Dice is targeting both crypto investors and the casino’s 50,000 active users.

Investment Considerations

The Mega Dice Token launched its pre-sale in April 2024 and has so far raised over $1.5 million. It’s currently approaching the next stage price increase.

Risks and Opportunities

The Mega Dice Token is launching to a solid casino community. Gambling tokens have a total market capitalization of over $392 million, but performance is mixed. The leading gambling token, Rollbit Coin (RLB), has a market capitalization of $159 million and a per-token value of $0.05.

Sealana ($SEAL)

Key Features

Sealana is a “chubby seal” meme coin on the Solana blockchain. There are rumors that $SEAL is backed by the same team that launched $SLOTH.

Unique Selling Points

Pitched as an exciting new Solana-based meme coin, at the time of writing, Sealana has raised over $5 million and is approaching the end of its pre-sale.

Technological Innovations

$SEAL doesn’t appear to have utility beyond being a meme coin, but it is based on the Solana blockchain, which has seen more meme coins take advantage of the network’s speed and low fees.

Market Potential

The Solana meme coin ecosystem, the total market cap of meme coins on the network, is now worth over $5 billion. Many expect the Sealana meme coin to perform well in this space.

Target Audience

Sealana targets meme fans and Solana users, and it also has a political theme.

Investment Considerations

Sealana’s pre-sale is nearly over. Many expect the token to become one of the next new tokens listed on the Binance exchange.

Risks and Opportunities

Although some expect Sealana to perform well, anything could happen when the pre-sale ends. As a meme token, it’s reliant on meme trends and community sentiment. There have been numerous projects launched on Solana that have been ditched and are now worthless this year.

eTukTuk ($TUK)

Key Features 

The $TUK token is part of the eco-friendly eTukTuk project, which hopes to provide an ecosystem for accessible electric vehicles and electric vehicle charging, first in Sri Lanka and then in regions like South Asia and Africa.

Unique Selling Points 

eTukTuk is in pre-sale planning for its real-world project, where $TUK could be used to pay for electric vehicle charging and for eTukTuk passengers to pay drivers. There’s also a play-to-earn mobile game in the works.

Technological Innovations

The project’s primary blockchain is Binance Smart Chain (BSC), but $TUK will also be available on Cardano as part of a likely evolving multi-chain approach.

Market Potential 

$TUK has utility in the mobile game, “power staking,” and will be used to support and within the eTukTuk eco-friendly electric vehicle and EV charging ecosystem.

Target Audience

eTukTuk targets environment-focused investors, P2E gamers, supporters, and potential users of the regionally planned eTukTuk ecosystem.

Investment Considerations

eTukTuk has already raised over $3 million; its website focuses on the P2E game with the litepaper/whitepaper explaining more about the project’s real-world plans.

Risks and Opportunities

This token’s success may ultimately rely on eTukTuk’s long-term real-world plans to launch an affordable “network of charging stations and proprietary electric vehicles.”

Factors to Consider When Investing in New Tokens

An investor researching the best token to buy now will consider the potential for short-term gains and the long-term potential of a new cryptocurrency and adapt their strategy accordingly. Tokens  utility may impact how a coin is valued over time, for example, whereas meme coins can be relatively short-lived.

Potential Risks and Rewards

Our CoinHint team cautions that pre-sale tokens and new token releases can be even riskier than other crypto investments because of the high uncertainty associated with these projects. New tokens are still in development, and some can fail completely before they launch. Some may be weak projects that will never provide a return to investors, and others are scams. Due diligence and robust research are essential, including checking if a project has been officially audited in any way.

Volatility in the Crypto Market

The cryptocurrency market is inherently volatile, which means that regardless of a token’s utility and long-term potential, it can and will lose value if market sentiment changes. Conversely, a bullish crypto market and upward price swings can increase token prices.

Regulatory Challenges

New token projects should ensure they are legal and compliant. However, cryptocurrency regulation is still evolving, and there is much uncertainty about whether some tokens are securities, currencies, or commodities. Hence, regulations and restrictions can change.

Long-term vs Short-term Investments

A cryptocurrency’s utility or potential for solving a real-world problem, for further adoption, or its scarcity might all determine any long-term success. Crypto tokens, like meme coins, have little utility but rely on a trend and short-term hype. Assessing these coins requires a solid understanding of this type of investment strategy.

Investors may look for pre-sales with tokens that see initial gains when listed on exchanges and exit quickly to turn a profit; however, there are no guarantees that new tokens will see higher market prices once listed.

Conclusion

Investors flock to anticipated token releases, searching for the best token to buy, often to make short-term gains. It’s critical they remember the risks associated with cryptocurrencies and particularly new projects, conduct thorough research, build their investment strategy, know their risk tolerance, and only ever invest what they can afford to lose.

FAQ

  • How can I research new token releases?

    New token releases and pre-sales can be found on listing sites, in the press, on social media, and on token launchpads, some of which are operated by major exchanges. Researching the project itself starts with a good knowledge of the crypto market and tokens and their risks, and an evaluation of the project, including the whitepaper, team, tokenomics, compliance, technical strength, and community.

  • What are the risks associated with investing in new tokens?

    New tokens have similar risks to other cryptos but with added dangers because of the uncertainty of whether the token or the project will come to fruition. There are many scams and weak projects that fail; some tokens are designed for short-term success, which they may not achieve, and the crypto market is volatile with no protection for investors.

  • How do I determine if a token has strong market potential?

    Evaluating whether a token has strong market potential requires thorough research, starting with assessing the project and the token’s purpose or utility. Then, look for strong community backing, real hype, valid audits, and how similar tokens have performed.

  • Should I invest in new tokens for the long term or the short term?

    Investors will decide if a new token has long-term or short-term potential based on its purpose, any connected project, its popularity and credibility but also, critically, whether the token has long-term viability or utility.

    Tokens that have utility, solve real-world problems, and have the potential for further adoption, or tokens that are connected with projects that become successful over time, present long-term opportunities. Other tokens are designed to take advantage of immediate trends and hype and are viewed by investors as short-term prospects.

     

author
About Marcel Deer
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
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