Best Staking Crypto Coins to Buy: Get Crypto Staking Rewards

Interested to find out what the best staking crypto coins are? Which crypto has the highest staking rewards today?

In this guide, we explore the best coins to stake for 2024, discuss the concept of staking in detail, and list the top platforms in the market for this purpose.

Let’s dive in!

You will find out why these digital assets made our list of top-staking coins as you read. Moreover, you’ll have a clearer idea of how to make money with cryptocurrency passively via staking.

A Closer Look at the Best Crypto Coins for Staking

From an investment perspective, the best crypto-staking coins offer a high yield. That said, how much you earn will depend on your chosen platform and the staking period.

With this in mind, we cover more details on the list of best coins to stake.

1. Pepe Unchained

Pepe Unchained is one of the best staking crypto coins to buy due to its double staking rewards, which go up to 122% (at the time of writing). The staking rewards will be distributed at a rate of 608.82 $PEPU tokens per ETH block over two years. Nearly 10 million tokens have been staked so far, which shows that crypto investors believe in this project’s success.

This meme coin leverages Layer 2 technology, which enables it to provide high staking rewards, faster transactions, and lower fees. For example, the $PEPU token has a higher volume capacity, making it 100x faster than ETH.

With that in mind, this Pepe the Frog clone raised over $2.1 million during the first few days of its presale. Its total supply is capped at eight billion, of which 1,600,000,000 will be allocated to the presale. The $PEPU token currently trades at $0.0112, while its listing price could reach a potential high of $0.0256.

2. Crypto All-Stars

Crypto All-Stars aims to become one of the best crypto staking platforms for meme coins as well as one of the 10 best meme coins. As its name suggests, this project brings together the most popular meme coins, such as PEPE, DOGE, and Floki. However, what makes Crypto All-Stars stand out is its groundbreaking staking protocol called the MemeVault. The MemeVault enables investors to stake multiple meme coins for $STARS tokens. $STARS token holders will also be able to earn 3x higher staking rewards.

The staking rewards will be distributed over two years at 2,801.44 $STARS tokens per ETH block. This project uses dynamic APY, which is currently 629%. Moreover, investors will be able to stake their $STARS tokens for rewards before the public launch.

The $STARS token has a maximum supply of 42,069,696,969, of which 25% will go towards presale staking and 25% towards the MemeValut ecosystem.

The starting price of the $STARS token is $0.0015127.

3. Flockerz

Flockerz is among the best DAO-based projects that places its community in the driver’s seat. It empowers it to have a say and vote on all major decisions regarding Flockerz while gaining rewards through the Vote-to-Earn mechanism. Users can decide about new features, key project developments, token burns, expansion plans, marketing strategies, and more.

The total token supply is 12 billion, of which 20% is allocated to the presale, another 20% to marketing, staking and the DAO Vault each get 25%, while 10% is reserved for CEX/DEX. Buying $FLOCK involves some simple steps, like connecting wallets, funding them, buying widgets, and then swapping tokens for $FLOCK.

Flockerz is a top-staking crypto, with rewards coming with an APY of 2,363%. The project’s roadmap includes three steps, with the first and current focusing on presale launch, thorough audits, and marketing campaigns.

4. Catslap

Catslap is the best coin to stake, aspiring to dominate the meme coin market. Thanks to its straight-to-DEX listing, collaboration with Best Wallet, and gamification capability, this ERC-20 token can potentially repeat the success of $CAT,  $MOG, $Popcat, and $MEW. 

Catslap integrates a competitive and fun gaming system where players can earn points by slapping Pepe. Not only did the token trend at no.1 on DexTools only an hour after its launch, but its market cap increased by 16x within minutes. 

The team behind Catslap is rumored to have connections to several other successful and trending meme coin projects. Interestingly, the founders of popular dog and frog tokens have been linked to the Catslap initiative, suggesting an exciting collaboration within the meme coin space. With the Moonvember Cat token rally gaining momentum, the involvement of these experienced creators could bring a new level of excitement and engagement.

5. Best Wallet Token

If you’re looking for the best coins for staking, you should opt for Best Wallet tokens. Best Wallet token is a native coin of the popular wallet provider – Best Wallet. Best Wallet is the first wallet to integrate Fireblocks MPC-CMP technology, making it one of the most secure non-custodial wallets.

The Best Wallet token presale is currently open to all Best Wallet users. They can buy $BEST tokens directly through the Best Wallet app. Token holders will pay lower transaction fees and gain higher staking rewards. They’ll also gain voting rights and direct access to new projects and Stage 0 presales.

Investors can stake their $BEST tokens and track their value by connecting to the staking widget within the Best Wallet app. A greater number of staked tokens equals greater discounts on transaction fees.

The $BEST token has a total supply of 10 billion, of which 4.5% will go towards the presale, while 8% will go to staking rewards. Download the Best Wallet app to buy $BEST tokens at a starting price of $0.02250000.

6. Sponge V2

$SPONGE launched in May 2023 and instantly became the best crypto to stake, in our experts’ opinion. From a market cap of $1 million, it soared to nearly $100 million in a few months. Now, the platform is bridging to Sponge V2, the V2 token version, using the stake-to-bridge mechanism.

Notably, $SPONGE token holders can easily bridge to the newly launched V2 smart contract and earn Sponge V2 tokens. Your existing V1 tokens can be withdrawn from the V1 contract, which will no longer be continued in the future. Re-stake your holdings on the V2 smart contract and earn an equal amount of Sponge V2 tokens as a reward.

Once your V1 tokens are staked, they will be permanently locked on the staking contract. This unique staking model will offer you passive income for the next four years. Once the staking phase of Sponge V2 ends, you can claim your tokens from the Sponge website.

Investors can continue to stake their holdings and earn high APYs. In a few days, more than one billion tokens have been locked on the staking contract.

7. FreeDum Fighters

FreeDum Fighters is another token on our coin staking list. It is a community-centric project inspired by the ongoing US presidential race. The project allows users to choose a political character and vote for them, with the opportunity to gain rewards.

This project’s native token is $DUM, which offers many utilities. It is also a governance token, as users can propose new changes, events, or features. $DUM is available on several chains, such as BASE, ETH, SOL, and BSC.

FreeDum Fighters offers staking, with rewards coming with an APY of 861.51%. The second of the project’s three-phase roadmap will introduce the staking pools. Of the total token supply of 270 billion, 20%, or 54 billion tokens, is reserved for the staking pool. Moreover, the ongoing presale gets 40%, the liquidity pool receives 20%, the debate rewards get 10%, and the last 10% is distributed to airdrops, CEXs, rewards, and incentives.

8. Ethereum

The world’s second-largest cryptocurrency initially deployed a proof-of-work consensus, meaning that computers had to perform complex tasks that demanded enormous energy and time to validate transactions.

However, Ethereum has shifted to the PoS mechanism and is now one of the best staking tokens to consider for generating passive income.

There are several ways to stake ETH, each with its advantages and disadvantages. These include solo staking as a validator, staking as a service or delegating, pooled staking, and centralized staking. To start staking Ethereum by yourself, the requirements are somewhat high, not least because you will need to put up at least 32 ETH coins.

Alternatively, you can hold your Ethereum coins in a staking pool. Namely, you lend your tokens for other validators to use, so you do not have to commit a huge amount of ETH. Regarding the payouts, this will ultimately depend on the staking platform you choose and for how long you lock in your coins.

The average staking APY for ETH validators is about 4% if they don’t use MEV-Boost.

9. Cardano

Cardano is one of the best-known proof-of-stake cryptocurrencies, focusing on scalability and sustainability.

The network attempts to solve the energy usage issues in mining Bitcoin, thus tagging itself as an eco-friendly crypto.

Since hitting the crypto markets, this digital asset has performed exceptionally well, gaining over 4,500% in value. Moreover, with the network launching its smart contract facility, Cardano is well-positioned to witness further growth.

Cardano has a calculator that can help estimate rewards.

Due to its popularity, you will find that several staking platforms, such as Coinbase, list Cardano.

Many providers allow you to earn interest on Cardano through crypto lending, an alternative method to staking. Cardano staking holders earn an average of 2.04% in 365 days.

What Are Staking Coins?

In simple terms, staking coins are cryptocurrencies that allow you to earn rewards for supporting the PoS process of the respective blockchain. You can do this by opening a blockchain node or depositing your digital assets in a third-party platform that facilitates staking.

By adopting this staking strategy for your idle cryptocurrencies, you can earn interest instead of simply holding them in your wallet until you are ready to sell.

Remember that the returns will be paid out in crypto tokens.

How to Select the Best Crypto for Staking

The decision should not be based solely on the highest APY crypto staking can offer when selecting the right tokens. Consider the following factors to make a decision.

1. Lock-In Periods

Perhaps one of the first considerations is whether you must lock in your chosen staking coin for a certain period to receive rewards.

The ideal way would be to choose a flexible plan, which will always give you access to your digital assets.

While fixed plans might offer higher APYs, locking in your digital coins could prevent you from taking advantage of a sudden market opportunity.

2. Fixed Supply

Cryptocurrencies that come with limited circulation might also encourage demand in the market. This can be a useful trait to look for in top staking coins, especially if the token has demonstrated an upside potential.

This follows the basic concept of supply and demand. That is to say, when there is a limited number of digital tokens available, demand will potentially rise, which can drive up prices and thus – the staking rewards.

Among the best staking coins we noted here, many digital assets, including Chainlink, Algorand, and Uniswap, have a limited supply.

3. Utility

As we mentioned earlier, you also stand to benefit if the value of your staking coin increases. This means that you should do your due diligence to determine which cryptocurrencies can grow in the future.

If a particular digital coin has various applications in the real world, it might be well-positioned to gain more value in the coming years.

As such, cryptocurrency will continue to attract both demand and rising prices.

This way, even if the APY you receive is relatively low, you can still profit from the capital appreciation when you are ready to cash out your investment.

Conclusion

This guide comprehensively reviews the best staking crypto coins for 2024, how to choose them, and some of their best staking platforms.

Staking crypto offers a range of benefits, such as the potential to earn passive income and support the network. Nonetheless, it is crucial to acknowledge that some risks are also involved, including market and platform risks.

However, with careful research and a thorough understanding of the risks, you can confidently decide whether or not staking your crypto is the right choice for you. One of the top staking coins is Pepe Unchained.

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