Cryptocurrencies and coins once struggled in the junk waters of finance. They have now become part of the mainstream discourse. As a result, their prices and valuations have exploded over the past decade as investors seeking growth in a zero-interest environment poured money into the asset class. An early investor in Bitcoin could have reaped tremendous returns since its launch in 2009.
The influx of money has expanded the boundaries of crypto’s investment landscape and made it more complex. More than 18,000 cryptocurrencies are available for trading in crypto markets. Every cryptocurrency has a set of technical terms for selling its value proposition, many of which are difficult to explain.
So how do you find your new cryptocurrency? Knowing where to look and how to value them will help you determine if the cryptocurrency is worth it.
Important Takeaways
- Using several resources to study a cryptocurrency is the best way to find a new cryptocurrency to invest in.
- Exchanges, data collectors, and social media are some of the fastest ways to find new coins.
- Cryptocurrency tools such as PooCoinCharts and TokenSniffer provide an in-depth look at cryptocurrencies that can help you decide whether a coin is viable or a rugpull.
- Non-exchangeable tokens, crypto-linked exchange-traded funds and initial cryptocurrency offerings are also ways to capitalize on this thriving and exciting market.
Where to Find New Cryptocurrencies?
Should you invest in an initial coin offering (ICO)? Are non-exchangeable tokens (NFTs) a good idea? What is DeFi? Navigating the cryptocurrency landscape can be a confusing affair. The lack of measurable and reliable evaluation criteria in this market and the large number of scams have further confused potential investors and made them wary.
But despite the problems, cryptocurrencies still remain an attractive asset class. They can add diversity to your portfolio and their price volatility can generate good returns. Here are a few places you can watch to see what new cryptocurrencies are coming online:
Cryptocurrency exchanges: Coinbase, Gemini, Kraken, Crypto.com, Binance
Data Collector: Coingecko, CoinMarketCap
Social media : Twitter, Telegram, Discord
Websites: Top ICO, Smith & Crown , ICO Bench
Tools : PooCoin Charts,TokenSniffer
DeFi Platforms: Applications that replace traditional financial services. Some may have tokens or cryptocurrencies with hope.
NFT Marketplaces : OpenSea, Rarible, and SuperRare are popular markets to look for promising new NFTs.
ICOs : Initial token offerings are fundraising events for possible token releases.
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Cryptocurrency exchanges are one of the most reliable sources for finding new coins. For example, Coinbase often lists new coins on its website, but you will need an account for better access. Binance has a list of new coins that you can research further to review and see if they are worth investing in.
Data Collectors
A data collector collects information about specific topics. Cryptocurrency data collectors are useful for finding new coins. For example, CoinMarketCap collects and displays a list of new coins, their prices, market capacity and trading volume. This type of service helps you get some information you need to determine what other investors think about the coin and whether it has potential.
Market cap is the total nominal value a given cryptocurrency has in the market.
CoiGecko is another data aggregator that lists new cryptocurrencies with most of the information CoinMarketCap has to offer.
Social media
Social media is known for its ability to communicate information quickly. Twitter, for example, is one of the fastest moving and responsive platforms among US Cryptocurrency developers and founders, and its founders can tweet about cryptocurrencies on Twitter when there are changes or new coins. Notifications for certain keywords on Twitter are particularly helpful. “New crypto”, “crypto version” or simply “crypto” will send you instant notifications about any cryptocurrency related tweet.
Telegram is another instant messaging platform that can deliver new cryptocurrency developments in a timely manner.
Websites
There are many websites you can look at to find new coins. Some of the more reputable ones are Top ICO, Smith & Crown, and ICO Bench.
Tools
You can use several tools to help you verify the validity of the new cryptocurrency you’re researching. PooCoin Charts allow you to enter the token name or address and display information about transactions, contracts, owners, price and more, allowing you to see if someone else is active.
Tokensniffer allows you to enter the name or address of the cryptocurrency and displays the control of the cryptocurrency. For example, an Ax-1 Orbit scan (address 0x0c…b805) showed the following information on April 21, 2022:
The token sniffer allows you to view the contract code and shows you the address of the creator, the addresses of the top 100 owners, and the percentage they hold. allows you to create a bubble map. You’ll also see any write addresses that might be a burn address, where developers send tokens to permanently remove them from circulation.
DeFi Platforms
Decentralized Finance (DeFi) platforms are a relatively new venue for crypto investments. They work like traditional financial markets, except they use smart contracts to execute transactions. Many DeFi platforms have native tokens used on their networks to facilitate transactions. Examples of popular DeFi platforms are MakerDAO, PancakeSwap, and Aave.
Non-Tradeable Token (NFT) Marketplaces
NFTs are one-of-a-kind tokenized, the process of linking an encoded alphanumeric string to the asset and storing that information on a blockchain are digital assets. This establishes ownership unquestioningly because network validators of the token must verify ownership through a consensus.
The NFT market was on the rise in 2021, with leading auction houses like Christie’s and Sotheby’s selling millions of dollars’ worth of digital art to customers.
NFTs are also critical components of the metaverse, a new technology trend advocated by digitally operating businesses.
Examples of popular NFT marketplaces are OpenSea and Rarible, which can be found at prices ranging from hundreds to tens of thousands of dollars. There are also dedicated marketplaces that focus on a particular industry or sport.
Initial Coin Offerings (ICOs)
In 2018, initial cryptocurrency offerings eclipsed venture capital as the primary fundraising method for entrepreneurs. Startups and leading companies alike joined the ICO caravan. Then, as the scam ecosystem multiplied, the ICO bubble burst and the Securities Exchange Commission (SEC) began investigating and crashing ICOs.
Exchange Traded Funds
You can also indirectly invest in cryptocurrencies through derivatives traded on mainstream exchanges. Crypto futures, including the Chicago Mercantile Exchange’s (CME) Bitcoin and Ether futures, are a popular option among investors seeking indirect exposure to crypto. Bitcoin-linked ETFs based on CME’s bitcoin futures entered the crypto markets in 2021, with more continuing to emerge as brokers try to persuade the SEC to approve crypto-linked ETFs.
Researching New Cryptocurrencies
Under their technical jargon, cryptocurrencies, whether just one payment method (Bitcoin) or a utility token used to perform actions on a blockchain (ether), they are products that serve a purpose. Here are some factors and tools you can use to help you identify a cryptocurrency that isn’t a rugpull.
All new cryptocurrencies must have a reason to exist, such as a function within a blockchain network or virtual machine. If they don’t, it could be an indication that something isn’t right.
Use Cases
Ethereum’s token Ether (ETH) is used as gas on the blockchain. Gas is Ethereum’s term for paying for someone’s energy use to verify your transaction. This makes ETH an excellent use case that could encourage someone to buy ETH. Ethereum is designed for scalability and future development. Many decentralized finance applications are built on the blockchain and many more are in development.
Uses of Ethereum, the global virtual machine that powers DeFi and said to power Web 3, continues to grow. New utility tokens designed to run on the Ethereum Virtual Machine (EVM) are popping up every day.
Bitcoin, on the other hand, was designed purely as a payment method. It became more valuable to investors when they noticed price increases on cryptocurrency exchanges. Shortly after that, it developed a new use case as a store of value and an asset for investors who like to speculate.
The more use cases a new cryptocurrency and the blockchain it supports, the more likely it is that the coin will last long enough to experience growth. But that won’t always be the case—the Shiba Inu (SHIB) is a prime example. SHIB quickly gained value in 2021 due to retail investor interest. No use cases. A cryptocurrency is just a cryptocurrency for the sake of being a memcoin though, it usually hovers in the top 20 cryptocurrencies by market cap.
Liquidity
A cryptocurrency must have liquidity; that is, it must have sufficient trading volume so that you can quickly sell yours when you need it. If you find a coin with no volume, you should consider waiting to see if it develops any volume. If other investors are not trading large amounts of a new cryptocurrency, it may indicate that it is not yet worth buying or that it is a scam.
Value
You must determine the value a cryptocurrency has or can have. If it has value to you, it is likely that others will value it too. This type of value is non-monetary; it is more abstract, like an NFT that you define on a personal level. For example, this could be a chart that triggers a happy memory, and you want NFT to remind you of that and hope to grow at the same time.
Some songwriters and musicians create NFTs from their music; buying a song NFT supports artists directly and gives you ownership of the token (and whatever rights the artist grants when the token is minted). The previously mentioned sports tokens could be the equivalent of trading cards or videos of the future.
Take Careful with New Coin Projects
Cryptocurrencies have emerged from the stagnant waters of mainstream finance as a viable asset for investment. However, the universe of investable cryptocurrencies and crypto-related products and services is still small and requires careful consideration.
If you are interested in investing in digital assets and new cryptocurrencies, you should speak to a financial professional who will help you understand whether the investments make sense for your goals and financial circumstances.
How Can I Get New Crypto Coins?
You can buy new cryptocurrencies and digital assets on cryptocurrency exchanges, DeFi platforms, NFT marketplaces and initial cryptocurrency offers.
How Can I Get New Crypto Before Listing?
The fastest way to find new crypto before listing is to go to CoinMarketCap and type “regular presale” in the search box. Find and click the button labeled “Market”, then search for REGU paired cryptocurrencies such as REGU/XYZcoin.
New Cryptocurrencies Coming?
New cryptocurrencies and tokens appear every day. Data aggregator CoinMarketCap lists new coins and tokens daily, and TopICO details new ICOs. Twitter and Telegram are also excellent social media platforms to watch for new coin announcements.
