The best utility cryptos worth buying right now have been examined in this market analysis. In general, crypto assets are high-risk investments, but there are still many good ways for new and experienced buyers to get in. Most of the biggest and best-known cryptocurrencies depend on tokens to keep their networks running.
A lot of people like to invest in utility tokens. Our guide to the best utility tokens to buy in 2024 has a carefully chosen list of tokens that look like they could be helpful and have value. To review the list of crypto utility tokens below, we used the most up-to-date market data, industry trends, expert and researcher opinions, and official websites for each one.
The Best Utility Coins to Buy
The following 10 utility tokens are our picks for the best ones on the market right now:
- Pepe Unchained: It is the best utility coin all around. It was made on the Ethereum layer-two blockchain.
- Crypto All-Stars– A new utility cryptocurrency that enables users to stake their preferred meme coin.
- Flockerz: A decentralized meme currency that offers DAO voters substantial incentives.
- FreeDum Fighters: A decentralized meme coin that lets users vote for rewards.
- Memebet Token: A widely recognized gambling coin that focuses on utility and has high P2E payouts.
- Sponge V2 is an ERC-20 utility coin that mixes a P2E game with high stakes prizes.
- Shiba Shootout: This Shiba-themed meme coin lets you vote and get prizes for sharing stories.
- eTukTuk: By switching to electric Tuk Tuks, eTukTuk is making cities better and giving drivers a more environmentally friendly and cost-effective way to run their businesses
- SpacePay (SPY): A utility token used in a crypto payment infrastructure initiative in London.
A Closer Look at the Best Utility Tokens to Buy
It can be hard to pick the best utility tokens to invest in. So, to make things easier, we’ve talked about the utility tokens that are taking off as 2024 goes on.
Pepe Unchained is the best Ethereum L2 utility meme token all around
With Pepe Unchained, transactions are 100 times faster than Ethereum, and holding benefits are doubled. Pepe Unchained is an Ethereum utility coin whose goal is to end the chains that hold Pepe the Frog down.
When it comes out, this Pepe-based token will run on its own Layer 2 Ethereum network, letting it do three things. The $PEPU token will be 100 times faster than ETH because it can hold 100 times as much. Second, transaction fees will be cheaper because they happen outside the blockchain.
Third, Pepe Unchained will have double stake benefits, which have an annual percentage yield of 4,830% at the time of this writing. Pepe Unchained will also offer quick interchange between ETH and Pepe Chain, making it more liquid.
This project aims to change how meme coins are used by offering them real-world uses. The Pepe Unchained has generated over $11.5 million in just a few months since it went on presale. Out of the 8 billion tokens made, over 600 million have already been invested in Pepe Unchained.
During the presale, 20% of all the tokens will be given out. As of this writing, one $PEPU unit costs only 0.0094226. Pepe Unchained is one of the best utility tokens in 2024 because it has a fast blockchain network and good holding payouts. Read the Pepe Unchained white paper and join the Telegram group to learn more.
| Presale Started | June 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Pepe Unchained (Ethereum L2) |
| Total Supply | 8 billion |
| Current Price | $0.0087344 |
Crypto All-Stars has great mining payouts and a MemeVault system
Crypto All-Stars are essential to our utility cryptocurrency list. The platform is thrilled to unveil its MemeVault feature, which lets users stake 11 of the most popular meme coins on a single platform. That’s not all; people who own and stake $STARS tokens should also stake them to triple their awards.
The token prize will be given out at 2801.44 $STARS per ETH block. Currently, The APY is 4946%, and the token price is $0.0013855. Blockchain for Crypto All-Stars is made up of three steps. The first stage is all about holding and sales. The second stage is about releasing the token, and the third is about opening the vault.
People who use the project can buy low and sell high. The site uses smart contracts to make deals safe and automatic. Middlemen are not needed because these digital deals carry out set terms independently.
| Presale Started | Aug 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Ethereum |
| Starting Price | $0.00138 |
| Current Price | $0.00138 |
| Price Increase | +0.00% |
| Raised So Far | $336,000 |
Flockerz – Decentralized Meme Coin That Lets Users Vote for Rewards
Flockerz ($FLOCK) is an intriguing new meme currency presale that strives to achieve complete decentralization by putting the project in the hands of its community. This means that people who own tokens can decide on essential project choices, such as when to burn tokens, how to market the project, and when to add new features.
The team will use “vote-to-earn” prizes to get people to vote. 25% of all the tokens have been set aside for that reason. Early buyers who bought the token during the presale can now stake their $FLOCK tokens to increase the number of tokens they own and their voting power.
There is an excellent holding APY of 3,842% right now. The APY decreases as more tokens are staked, so people who staked their tokens early get the most significant benefits. Please get the latest news by joining Flockerz’s Telegram group and following them on X.
| Total Tokens | N/A |
| Tokens available in presale | N/A |
| Blockchain | Ethereum |
| Token Type | ERC-20 |
| Minimum purchase | None |
| Purchase with | ETH, USDT, BNB, Card |
FreeDum Fighters: A decentralized meme coin that lets users vote for rewards
FreeDum Fighters ($DUM) is a cool new utility token that adds fun and value to boring presidential elections. You buy $DUM tokens and stake them. Select either Magatron or Kamacop 9000 as your vote number. Your holding APY will change based on how you vote.
When you stake, the APY will be higher for the side with fewer votes. 75% of the votes are for Megatron, while only 25% are for Kamacop. This means the first has a dynamic holding APY of over 452%, and the second has over 1,800%.
The APY will go down as more tokens are traded. The APY will level, though, as the votes get closer to a tie. There are, however, more ways to get them. Community members can earn secret airdrop prizes by sharing strong reasons why they want to vote for a certain candidate in weekly discussions.
For the most up-to-date information, follow FreeDum Fightres on X and join their Telegram group.
| Presale Started | October 2024 |
| Purchase Methods | ETH, USDT, BNB, SOL, USDC |
| Chain | Ethereum |
| Starting Price | $0.0005 |
| Current Price | $0.00005 |
| Raised So Far | $206,000 |
Memebet Token: Famous Casino Coin That Focuses On Utility And Has High P2E Rewards
Memebet Token ($MEMEBET) is another cryptocurrency with many useful features; keep an eye on it this year. Memebet is releasing an innovative new casino that lets people bet with prominent meme coins and gives token users big Play-to-Earn prizes. By making a site where people can bet with some of the hottest joke coins on the market, it wants to change the way people wager. Because $MEMEBET is a utility coin, it can be used to bet on the site and win great Play-to-Earn prizes.
About 20% of the 2 billion tokens that the site has in circulation have been set aside for wagering prizes. Also, early owners can get 70% of the tokens while the ICO continues. As of this writing, $MEMEBET can be bought for only $0.0253. However, this price will increase significantly in the next round of presales.
The presale for the Memebet token has quickly raised almost $284,000. Thousands of wagering options, a global sportsbook, and no-KYC Telegram gaming make this site stand out. For further information about the project’s goals and schedule, buyers may pursue the Memebet Token whitepaper.
| Presale Start Date | September 2024 |
| Purchase Methods | ETH, USDT, Card |
| Chain | Ethereum |
| Token Type | ERC-20 token |
| Raised So Far | $150,000 |
Sponge V2 is an upcoming play-to-earn game, with 43% of tokens currently available for presale
Sponge V2 ($SPONGEV2) is on our list of useful tokens. It’s a better form of the original $SPONGE meme coin, whose market value grew by 100 times in 2023. Adding a “play-to-earn” game is one of the most critical changes to Sponge V2, which is why it’s on our list of utility coins crypto. Players can use their V2 tokens in a fun way on this new game site, where they can earn more tokens and improve their contact with the Sponge community.
Only 150 billion Sponge V2 tokens are available in total, and a significant portion are set aside for trading and P2E game prizes. This makes people more likely to participate and makes the ticket more useful. If you put your coins on the best platforms, you can make 190% APY, one of the best rates for a meme coin.
But at some point, the APY will slowly go down as more tokens are locked in. This is because the presale used more than 43% of all the available tokens. Join the SpongeV2 Telegram group for the latest stories and information about new products.
| Total Tokens | 150 billion |
| Tokens available in presale | No presale |
| Blockchain | Ethereum |
| Token type | ERC-20 |
| Minimum Purchase | None |
| Payment method | ETH, USDT, MATIC |
The Shiba Shootout: A lot of different reward schemes, raffles, and high-stakes prizes
The following helpful token on our list is Shiba Shootout ($SHIBASHOOT), a meme token in the digital Wild West. On the site, people who own tokens can get rewards for holding them, enter online games, and vote. The first use case is the staking system, which gives users of placed tokens a yearly return. Shiba Shootout has an APY for holding of over 1,100% at the time of this writing.
People who own $SHIBASHOOT tokens can buy lottery tickets and play online games to get more prizes. A certain amount of the money is also given to good causes. Shiba ShootOut is a community-driven project that gives token users the power to vote on how the platform will grow.
People who own $SHIBASHOOT can also play Shiba Duel, a new P2E mobile game that will be offered on Google Play and the Apple Store. The last helpful thing comes from a creative way to tell stories called “Campfire Stories.” In this mode, users can talk about their experiences with meme coins. The most exciting stories will earn users $SHIBASHOOT tokens.
People who want to buy $SHIBASHOOT on the presale can do so for just $0.0197 per coin. Shiba Shootout has raised more than $860K since the presale began. Read the Shiba Shootout white paper and join the Telegram group to learn more about the project.
| Presale Started | April 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Ethereum |
| Total Supply | 220 million |
| Current Price | $0.0197 |
eTukTuk is improving cities and giving drivers a more environmentally friendly and cost-effective way to run their businesses
With their $TUK utility coin, eTukTuk wants to change how people in poor countries get around in a better way for the environment. These electric TukTuks are powered by this BEP-20 coin on the BNB Smart Chain.
The cryptocurrency $TUK makes it easy to pay drivers directly, supports green efforts by optimizing routes using AI, and even helps set up and run charging stations. People who stake $TUK tokens can even get prizes.
The $TUK token from eTukTuk wants to be a big part of the future of sustainable transportation by focusing on lowering pollution and making the economy more open to everyone. This change will not only help the environment by lowering pollution but also help Tuk Tuk owners make more money by lowering the costs of running and maintaining electric cars.
| Launch Date | June 2023 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | BNB Chain |
| Starting Price | $0.024 |
| Current Price | $0.0345 |
| Raised So Far (Presale) | $3.5 million |
SpacePay (SPY): Get free stuff and passive income
As an inactive income opportunity and an airdrop prize for busy SpacePay users, SpacePay ($SPY) is one of the best utility coins. SpacePay is a crypto technology that lets you make payments with both fiat and crypto. It works like this: the customer pays with cryptocurrency from more than 300 wallets, and the business changes their money into regular currency.
The seller only has to pay 0.5%, and there are no other or secret fees. This fee makes SpacePay money, which will be given to people who own $SPY tokens. Monthly $SPY airdrops will be given to active SpacePay users who are loyal. Holders will also be able to have a say in how SpacePay grows and changes in the future.
Private funders have already given this London-based company $750,000, which shows they have much faith in the industry. The $SPY token is now in a presale, which means that anyone can put money into this project. This means that early birds get the best deal, since the price will probably increase when $SPY is offered on markets.
What Are Utility Tokens?
Utility coins are digital assets that can only be used in specific ways within a blockchain environment. Utility coins give owners access to services or perks, while cryptocurrencies like Bitcoin are mainly used as digital money. Tokens could, for instance, let people vote on platform choices, pay for services, or carry out smart contracts.
Examples of Crypto Utility
Knowing what utility tokens are and how they’re used is essential. Here are five examples of crypto utilities and how users can benefit from them.
Play-to-Earn Rewards:
In blockchain games, in which players make or earn digital assets by playing, tokens that let them win benefits by playing are used. One benefit is that you can make money while youplay and get real-world benefits from your virtual successes.
Utility
- Buying assets in games
- Trading for other coins
- Getting real money
Examples
- Sponge V2 (SPONGEV2): You can earn these by playing the game’s racer mode and stake them for prizes.
- Mega Dice Token (DICE): Gives you advantages in games and can be bet on sports and gambling games to win prizes.
- Axie Infinity (AXS): You can earn this by fighting and raising digital creatures and stake them for power and prizes in government.
Investing in the Metaverse:
Tokens that give people access to the metaverse let them own or invest in virtual homes and assets. With these coins, you can buy, sell, and create digital real estate and other virtual things. Buying digital land, trading virtual goods, and building virtual places are all useful.
Examples
- Decentraland (MANA): This is used to buy and sell virtual real estate.
- Enjin Coin (ENJ): This is used to make and control virtual things and assets.
- The Sandbox (SAND) lets people trade and build in a virtual world.
NFT Rewards and Trading
Utility tokens make it easier to trade and earn NFTs. They let people buy, sell, or earn NFTs for NFT projects. Through unique digital items, these coins make users more interested and give them cash rewards.
Utility:
- Buying NFTs
- Making money from NFT rewards
- Buying and selling on NFT markets
Examples
- Mega Dice Token (DICE): Gives out limited-edition NFTs that can be traded as prizes.
- Rari (RARI): This website lets people create and sell NFTs.
- Chiliz (CHZ): Let sports fans trade NFTs connected to sports.
Transactional Currency
Tokens of transactional cash are used to pay network fees, which makes blockchain work easier. By rewarding validators, these tokens make deals go smoothly and protect the network.
Utility:
- Paying transaction fees
- Making sure the network is safe
Examples
- Ethereum (ETH): Transfers, you need to pay gas fees.
- Binance Coin (BNB): To pay for things on the Binance Smart Chain, you need a Binance Coin (BNB).
- Cardano (ADA): This coin pays to use the Cardano network.
Passive Income
People who own these tokens can earn idle crypto income. One way to do this is through “staking,” which means locking tokens in a smart contract to help the network run in exchange for benefits.
Utility
• Staking on network help and awards
Examples
- eTukTuk ($TUK): Gives betting rewards as more people use the network.
- Helix ($HLX): Staking offers health perks and small bonuses.
Utility Tokens vs. Security Tokens
People who own security tokens also own tokenized securities. That safety net could be a business or a piece of property. But you don’t own a piece of security if you own a utility coin. Instead, you own special rights in a crypto environment.
Governance Token vs. Utility Token
When it comes to many crypto communities, governance coins are significant. People who own governance tokens can help make decisions. This means that a governance token gives its owner access to a service. All governance tokens can be thought of as utility tokens.
Investors don’t have to know the differences between the different kinds of crypto, which is good. It’s our job to pick the ones that will make us money.
Are Utility Tokens a Good Investment?
- You should decide for yourself if crypto tokens that can be used are an excellent purchase. All crypto is risky by nature.
- This means that the wins and losses are both very likely to happen.
- A lot of buyers don’t want to lose all their money.
- Even the best utility tokens are more likely to decrease in value than others. For example, meme coins have a very high risk compared to utility tokens.
- This means they can get enormous benefits as the Shiba Inu did in 2021, but their value can drop quickly.
- While top utility crypto coins are used for honest things, meme coins are just meant to be funny and don’t have any other purpose.
- Some meme coins may technically be on the list of utility tokens, but in general, utility tokens give you the right to get a particular service.
- People who own BNB Coin can use it to trade on the Binance market for less money.
Where to Buy Utility Tokens
You can find the best utility tokens to buy on the internet through a broker or a crypto exchange. Exchanges have more tokens, but they can be hard to use for people just starting. When you want to buy utility tokens safely and efficiently, turn to global brokers like Binance.
Our Methodology for Ranking and Reviewing Crypto Assets
We are cautious and responsible with all of our business ideas. When our team evaluates a digital asset for our readers, we look at 12 success factors. These are the most important:
Price History and Market Sentiment
Price, market cap, and trade volume that drop quickly are often signs of a project that wasn’t put much work into it or a plan to get money.
Project Potential
The present price, market cap, daily trade volume, and total quantity of tokens are considered. Low supply means there aren’t many of them, meaning they might be valuable. High market cap and volume mean that the price is stable and liquid.
Adoption and Use Cases
The most potential utility tokens can be used in many different situations, like games, shopping, the government, and DeFi. Adoption shows that the community is interested and sees long-term promise.
Trading Volume and Liquidity
It is essential to look at trading volume and liquidity because high trading volume shows that the market is stable and people actively participate, while high liquidity limits price loss and lowers investment risk.
Security and Compliance
We give more weight to projects that follow crypto regulations, have their smart contracts checked by a third party, and use vigorous security methods like IDS, cryptography, multi-factor identification, etc.
Conclusion
Finally, this complete guide talks about the best utility tokens for 2024 in great detail. Each has unique features and possibilities at the leading edge of blockchain technology, which lets people use excellent services and goods. You can make better business choices if you know how utility coins add value to the parent blockchain. The Pepe Unchained ($PEPU) coin is one of the best. This meme coin claims to have low gas fees, fast transactions, and big payouts for holding.
Digital items called utility tokens give you access to certain services or features within their communities. For example, Pepe Unchained and Crypto All Stars are two of the best utility tokens, giving users different benefits. Pepe Unchained makes the site better for users, and Crypto All Stars gives its group a lot of different perks and features. PlayDoge also stands out as the most interesting and exciting from our list of the best utility tokens.
