There are thousands of ERC20 tokens on the Ethereum blockchain now, so it can be hard to find the best ERC-20 Tokens. This is why we made this list of the 2024 best ERC20 tokens to buy. For our study, we use blockchain analysis tools like DappRadar and CoinGecko to determine the market cap, the growth potential, the product-market fit, and the number of people on the chain.
This leads to a mix of ERC20 coin with different levels of risk and return, such as well-known “blue-chip” tokens and exciting newbies.
Our 2024 Best ERC 20 Tokens
Here is the list of ERC 20 tokens.
1. Pepe Unchained (PEPU): Using a specialized Layer-2 solution based on the ERC20 token standard, PEPU evolves the immensely popular Pepe meme currency.
2. Crypto All Stars (STARS): An innovative initiative that unites the largest ERC20 meme currencies available.
3. Flockerz (FLOCK): A decentralized autonomous organization (DAO) that grants its owners the ability to vote and offers features like vote-to-earn.
4. FreeDum Fighters (DUM): Take part in the U.S. presidential election meme token and earn big stake prizes.
5. Memebet Token (MEMEBET): This is the only casino where players can bet meme coins directly on Telegram without proving their identity.
6. Sponge V2 (SPONGEV2): This new version of the original Sponge token has more ways to stake your tokens, and a play-to-earn game is currently being made.
7. Shiba Shootout (SHIBASHOOT): Blends the concepts of play-to-earn and meme currency, along with an entertaining Wild West atmosphere.
8. SpacePay ($SPY): A Payment Protocol Independent of Terminals That Seek to Include Cryptocurrencies in Current Card Readers
9. Ethereum: The best cryptocurrency for developing dApps and smart contracts (currently trading at $2,459.88)
10. Binance: The greatest choice for exchange costs (currently trading at $559.38)
A closer look at the best ERC20 crypto coins in 2024
We will talk more about the best ERC20 crypto coins below in ERC 20 token list. Before dealing with cryptocurrencies, you should always learn as much as possible about them and decide how much danger you are willing to take.
Pepe Unchained (PEPU): Using ERC 20 to move Pepe from Layer 1 to Layer 2
Pepe Unchained is an ERC 20 coin that is useful and popular. It got the famous Pepe coin up to date and turned it into a Layer 2 network on the Ethereum blockchain in 2024. This makes Pepe Unchained a strong competitor in meme coins, giving it a special use that not many other projects can match.
Project features:
- The Layer 2 approach makes transfers 100 times faster and costs less.
- Earn 103% APY to keep the network safe. Instantly connect the Ethereum and Pepe chains.
- Go viral with the help of famous Pepe branding.
Why PEPU is one of the best ERC 20 tokens in 2024
Pepe Unchained is a very interesting project to watch in 2024 because it combines usefulness with name recognition. It may also be one of the best ERC20 tokens available right now. The new Layer-2 technology makes deals lightning-fast and costs much lower. The project’s rich staking program could also give long-term users big returns.
The project’s famous logo will also likely appeal to people who like meme coins, giving the project an extra boost. The project’s early success shows this: it has now raised more than $17.3 million, which is 100% of its goal. So, the project’s creators will have a much better chance of following through on the goals in the plans, like adding new, interesting features and trying to get listed on decentralized platforms.
Crypto All-Stars (STARS): Using ERC-20 to allow staking of multiple meme coins
People in the cryptocurrency world use the word “revolutionary” all the time. Still, Crypto All-Stars lives up to its name. The main part of the project, the “MemeVault,” shows that it’s a celebration of meme coin culture.
This feature lets users claim several of the most popular meme coins, such as Dogecoin, Shiba Inu, Pepe, and others, all in one easy-to-use location. Then, bonuses for staking are given out in the form of the $STARS token, which is made according to the ERC20 token standard.
Project features
- In one place, stake all of the biggest Ethereum meme coins.
- 3x staking bonuses for $STARS users.
- Investors who join during the presale will get a higher $STARS return (573% right now).
Why $STARS is one of the best ERC 20 tokens
Since ERC20 is the most common standard for cryptocurrencies, it can be hard for other coins to stand out. Crypto All-Stars is a good game for that. Its “MemeVault” idea is original and lets owners of any Ethereum network meme coin get to it.
This means that Crypto All-Stars will likely reach its funding goal and get listed on decentralized platforms. It is, therefore, easily one of the best ERC 20 tokens on the market.
Flockerz (FLOCK): Choose to earn on the ERC 20 token standard
As an exciting new trend in web3, decentralized autonomous organizations (DAOs) let investors get involved with a project by giving them rights like voting.
Flockerz has turned this idea into a way to make money. This means that early buyers can not only have a say in how the project moves forward, but they can also earn $FLOCK coins by doing so.
Project features:
- People who own $FLOCK tokens can help decide on new project features and earn tokens simultaneously.
- A generous staking APY of over 1,600% is available to early investors at the time of writing.
- A quarter of the total supply of $FLOCK is reserved for the vote-to-earn reward system.
Why Flockerz is one of the best ERC 20 tokens
Most crypto buyers want to get a big return on their money. But in the blockchain world, things like government are becoming increasingly common.
Flockerz mixes these two things, giving early investors a fun way to learn more about how the project works and digital currency for their efforts. Because of these things, Flockerz is a clear choice for the best ERC 20 coin in 2024.
FreeDum Fighters (DUM): Humorous token for the U.S. presidential election with stake-to-vote rewards
FreeDum Fighters ($DUM) is a funny cryptocurrency project where users can get prizes for “voting” for made-up candidates like Megatron and Kamacop. The meme coin makes fun of the upcoming 2024 U.S. presidential election and turns making money into a game.
Project Features
- $DUM can work with popular blockchains because it has multi-chain features.
- In the middle of all the talk about the U.S. presidential race, games, and crypto technology.
- Win weekly debates to get airdrop prizes.
- The stake-to-vote tool lets users “vote” for candidates by staking $DUM.
Why DUM is one of the best ERC 20 tokens
FreeDum Fighters has raised over $254,000 in just a few weeks since the presale for $DUM began. The project is still growing. The ERC-20 coin can be saved in the Ethereum, Solana, Base, and Binance Smart Chain networks to work with more than one blockchain.
Users can get different yearly reward rates for $DUM tokens based on their chosen trading pool. Magatron’s staking pool has an APY of about 411%, and Kamacop’s has an APY of 1,782%. For more information, read the FreeDum Fighters white paper and join the Telegram channel to get the latest news.
Memebet Token (MEMEBET): A Telegram betting that uses its own ERC-20 token
The world of crypto gaming is growing every day. Still, Memebet Casino is the first crypto casino that only works on Telegram, which makes it stand out. At its core, the project is just a Telegram-based casino with a global sportsbook and hundreds of game companies. But most importantly, the platform comes with its usage coins, called $MEMEBET.
$MEMEBET can be used to bet, but it can also be staked for big idle returns. Memebet Casino fans can bet on popular meme coins like Dogecoin, Pepe, and Shiba Inu.
Project features:
- Either wagering the native erc20 token $MEMEBET or a selection of the most popular meme coinage.
- Special prizes for playing to earn them.
- No Know Your Customer (KYC) o Airdrop programs for early investor.
Why $MEMEBET is a one of the best ERC 20 tokens
In 2024, there will be a lot of crypto casinos. Still, Memebet will be different because it only works on Telegram and doesn’t require any Know Your Customer (KYC) information.
Users will get special play-to-earn benefits when using the native $MEMEBET tokens to bet. Still, they aren’t limited to this environment. The casino says users can use several other popular meme coins as well. With all these uses and benefits, $MEMEBET is one of the best ERC-20 tokens you can get.
Sponge (SPONGE): A 100x meme currency with over 10,000 holders.
Sponge V2 is a major update to the original Ethereum coin that went viral in May 2023 and reached a market cap of $412.86K.
The new play-to-earn speed game is one of the most useful new features of the project. The game’s creators have said that it will be out when it comes out and will give users the chance to make more $SPONGE.
SpongeV2 can be used on the ERC20 network and the Polygon layer 2 chain, lowering transaction fees. You can use MetaMask or several other popular ERC20-compatible crypto wallets to buy and stake $SPONGE with $ETH, $MATIC, or $USDT.
Project Features
- Staking $SPONGE is the sole way to earn $SPONGEV2.
- Purchase and stake $SPONGE to get a unique bonus in $SPONGEV2.
- $SPONGE tokens that have been staked are locked indefinitely.
- Start at least 40% APY and invest $SPONGE tokens to grow holdings over 4 years.
Why $SPONGE is a one of the best ERC 20 tokens
Sponge V2’s community-driven governance is its main feature. People who own $SPONGE can impact the project’s future by voting on important platform decisions in autonomous governance rounds.
Sponge V2 provides several options for passive income generation for those who want to optimize their revenue. Its high-yield staking pool is one noteworthy feature that allows users to stake their $SPONGE tokens and earn competitive APYs, possibly making it a profitable alternative for long-term holders.
Shiba Shootout (SHIBASHOOT): Enjoyable play. A project with a Wild West theme and its own ERC-20 Token
Meme coins are often well-known for their catchy names, figures, and worlds that you can get lost in. The Wild West-themed world of the new project Shiba Shootout takes this idea to a whole new level, making for a fun and interesting experience.
Users may stake the native token $SHIBASHOOT for high APYs while enjoying the immersive universe of the project, thanks to the gamified experience that the project has built.
The project has many animal characters, “campfire sessions” (gamified crypto stories), “lucky lasso lotteries,” and a shoot-em-up mobile game that you can play to win coins.
Project features:
- A play-to-earn mobile game.
- A generous stake program.
- An immersive, interesting world with a big story element.
- Striking branding and themes that could go global.
Why $SHIBASHOOT is one of the best ERC 20 tokens
Shiba Shootout is a great example of a meme coin that strikes a good mix between going popular and being useful.
We believe its engaging world, generous stake, play-to-earn functionality, and other ways to earn make it well-balanced and a strong candidate for the best ERC token 2024.
SpacePay ($SPY): A cryptocurrency payment protocol that targets integrating existing card machines with cryptocurrencies.
SpacePay is an autonomous scheme that uses blockchain technology to improve the current payment system. Its creators want to add easy-to-use software to the current card readers that will work with over 325 cryptocurrency wallets. This payment system will work with any computer when it comes out on 4.5 million devices.
This new idea helped SpacePay get $750,000 from private backers and win the “New Payment Platform of the Year” award.
Project features
- The tool makes it easier to pay with cryptocurrency by adding it to the technology that stores already use.
- SpacePay’s payment APK lets crypto be used at regular point-of-sale terminals.
- It also lets merchants instantly convert crypto to local currencies.
- This integration is a big step toward connecting traditional retail and crypto.
Why $SPY is one of the best ERC 20 tokens in 2024
SpacePay is an economical option for businesses because it only charges a 0.5% transaction fee and settles transactions immediately. This makes crypto transactions less volatile.
Advanced coding makes this platform safer and gives users control over their money and privacy. The community is very interested, as the current presale has already raised over $340,000.
Ethereum: The best cryptocurrency for developing dApps and smart contracts (currently trading at $2,459.88)
Ethereum (ETH) is the second-largest coin by market capitalization and the best place to build smart contracts and decentralized apps (dApps). The first smart contract was made by the Ethereum Foundation, which is also home to the ERC20 standard.
Project features:
The price is $2,459.88 right now in November 2024, and the market value is $296.11B.
- Price changed in the last 24 hours: +0.37%
- Highest point ever: $4,867.17
- The price of Ethereum has gone up by +30.01% in the past year.
Why $ETH is one of the best ERC 20 tokens in 2024
Ethereum has a huge 10,000 projects running on its network, making it the king of decentralized apps.
It has 16.2% of the entire coin market. More than 53 million smart contracts have been made on the Ethereum network.
Binance: The greatest choice for exchange costs (currently trading at $559.38)
Binance (BNB) is the native coin of the biggest cryptocurrency market in the world, Binance. The Binance community is home to many things, from training materials to digital markets. People who own BNB tokens get lower fees, which makes them popular with buyers.
Project features:
- The price is $559.38 right now in November 2024, and the market value is $82.55B.
- Price changed in the last 24 hours: -0.69%.
- The all-time high for Binance is $718.88.
- The price has increased by +130.25% in the last year.
Why $BNP is one of the best ERC 20 tokens in 2024
BNB is in high demand because it is the original Binance token, the biggest cryptocurrency exchange in the world. Traders want to use the coin to cover their fees. Besides being useful, we like BNB because it gives us a strong base and more trustworthiness in a market that is already too crowded.
What is an Ethereum (ERC20) Token?
A certain kind of token called an ERC20 token was made to work with the Ethereum system. There is a strict set of rules that all ERC20 tokens must follow. Each ticket follows the same set of rules, meaning they all work the same way every time.
How to find the best ERC 20 tokens to buy in 2024
We have compiled some easy-to-follow tips below to help you find the best Ethereum network tokens to buy in 2024.
Find new ERC20 presales
To find new, hot crypto tokens, crypto presales are one of the best ways to start the year. You can look at platforms like Binance or OKX that often use their launchpads to support new ICOs.
It is known that Binance Labs can take on and release great projects that will soon be listed in the best markets.
Search using social media
Social media is one of the most useful things you can use in the crypto space. This has been happening for almost twenty years, and crypto fans often talk to each other on chat forums like 4Chan and BitcoinTalk.
X, which used to be Twitter, is now the best place to learn about new crypto market trends and information.
Reddit is also a popular social media site among web3 groups. Subreddits, like r/bitcoin, have been formed to provide more information about specific blockchains or projects.
Crypto exchanges
Both controlled and independent exchanges are what make Bitcoin markets work. The most well-known cryptocurrency platforms will offer the best ERC20 coins.
When an exchange plans to add a new token, they will let everyone know, but you can always find hints or leaks on social media before that happens.
Some people may even check the exchange’s “hot wallets” to see if any new token contract addresses have been added. This could mean that a new token has been listed.
You can also read our coverage of new possible listings on Binance and Coinbase to learn more.
Use news sites to keep up with trends.
One of the best ways to get up-to-date information without reading through many social media posts is to check news sites. News about the crypto business comes daily in places like CoinTelegraph and CoinDesk.
If you want to get the latest news from all the best crypto news sites, the CoinMarketCap News Aggregator is a good tool.
Staying safe
Before you get involved with cryptocurrencies, you need to know a few important security points to keep your funds safe. To help you get around in the crypto markets, here are some important things to remember:
Don’t give your secret key to your cold wallet to anyone else. Use a different email address for crypto swaps at all times. Check that all sites, decentralized apps, and platforms you visit have the right link.
FAQs
Conclusion
Ethereum is the most popular place for developers to build decentralized apps and use smart contracts. It is the second-largest coin in the world and has a long history in the blockchain industry. Ethereum has a lot of rivals, like Algorand, Cardano, and Polkadot. However, with a market cap of $390 billion, Ethereum is almost 6 times bigger than its closest rival, Solana.
The Ethereum ecosystem’s growth shows how popular the platform is. The network’s safety and functionality improve as more people build on it. It would be silly to think that Ethereum will be replaced any time soon since there are talks of an ETF coming out this year.
