20 Best Crypto to Buy Now in 2024

Updated on

Bitcoin is up over 107% year-to-date; many other cryptocurrencies have produced even bigger gains. With the broader markets showing positive signs, now could be a great time to invest in quality cryptocurrencies. 

But which crypto projects offer the greatest upside potential? This guide reveals the 20 best crypto to buy now. Read on for guidance on building a well-balanced cryptocurrency portfolio.

This month we added Dogeverse and Mega Dice Token to our list and removed some older listings.

Best Cryptocurrency to Invest in Now

  • Multi-chain utility across 6 chains including Ethereum, Solana and Base
  • Staking rewards on Ethereum for presale buyers
  • Advanced bridging technology with Wormhole and Portal integration
Project Launched
April 2024
Purchase Methods
  • USDT
    USDT
  • ETH
    ETH
  • MATIC
    MATIC
  • BNB
    BNB
  • +1 more
  • An AI and dog-themed memecoin on Ethereum
  • Presale tokens are staked an provide rewards during the presale
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Potential to skyrocket amid Solana meme coin hype
  • Rumored to be from the developers $SLERF, which saw huge growth earlier this year
  • Similar to Slothana, which recently saw a hugely successful presale and launch
Project Launched
May 2024
Purchase Methods
  • SOL
    SOL
  • Established online casino with $50 million in monthly volume and 50,000 players
  • Daily rewards for $DICE stakers based on casino performance
  • $DICE holders eligible for 25% revenue share for referring new users to the platform
Project Launched
April 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • +1 more
  • New token with Learn to Earn (L2E) model with exclusive courses
  • Integration with BRC-20, opening the ability to build on top of the Bitcoin network
  • Stakers enjoy high staking rewards every Ethereum block
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • The 5SCAPE tokens unlock special in-game features
  • Brings VR capabilities into Web3 gaming
  • An ERC20 token that's compatible with existing Ethereum DeFi platforms and smart contracts
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • MATIC
    MATIC
  • Debit
    Debit
  • +2 more
  • A meme token with up to 257% in rewards
  • CEX listing and a play to earn game on the roadmap
  • Sponge V1 made 100x in 2023. Join V2 presale
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Gain exclusive airdrop points by buying and holding $SMOG
  • Conquer foes and reap rewards on the Solana blockchain
  • Secure your stake on Solana through a direct $SMOG purchase on Jupiter DEX
Project Launched
February 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • USDT
    USDT
  • Innovative blockchain-based electric vehicles project
  • The eTukTuk prototype is scheduled to be revealed in the first phase
  • opBNB will be used in tandem with BNB for scalability and reduce costs
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Debit
    Debit
  • +1 more

List of the 15+ Best Crypto to Buy Right Now

In our view, here’s the 15+ best crypto to buy now before the next bull market arrives:

  1. Dogeverse (DOGEVERSE): Hot new dog-themed meme coin with multichain interoperability. $250k raised within hours.
  2. Sealana (SEAL): New meme cryptocurrency built on the Solana blockchain. $230K raised on presale.
  3. WienerAI ($WAI): Popular meme token leveraging AI and offering high staking APY, raised $1M+ in two weeks.
  4. Mega Dice Token (DICE): Popular GambleFi token offering a $2.25 million airdrop for presale buyers.
  5. 99Bitcoins (99BTC): Learn2Earn crypto offers token rewards for completing quizzes. Get up to 20,00% staking reward.
  6. 5th Scape (5SCAPE): Gateway to virtual reality with games, learning, and experiences, introducing Ultra VR headset.
  7. Sponge V2 (SPONGEV2): Upgraded meme coin with 100x growth, adding play-to-earn utility with Sponge Racer game.
  8. Smog (SMOG): Solana meme coin with 3000% growth in a few days of launch, planning a massive airdrop.
  9. eTukTuk (TUK): Electric vehicle project reducing carbon emissions that raised $1.4 million in presale.
  10. Mollars (MOLLARS): Safer alternative to Bitcoin with lower fees and gaming/Web3 applications.
  11. Chainlink (LINK): Specializes in Oracles for blockchain smart contracts, essential for Web 3.0 growth.
  12. BNB (BNB): Backs Binance ecosystem, offers discounted fees, required for Binance Smart Chain transactions.
  13. Arbitrum (ARB): Layer 2 solution for Ethereum, offering lower fees and faster transactions, down 90% since launch.
  14. Ripple (XRP): Used by 300+ financial institutions for cross-currency transfers, down 84% from all-time high.
  15. Solana (SOL): Energy-efficient blockchain, supports smart contracts, and key player in Web 3.0.
  16. Decentraland (MANA): Metaverse offering virtual experiences and land ownership, trading at over 93% discount.
  17. Uniswap (UNI): Leading decentralized exchange, $UNI token allows holders to earn transaction fee proportion.
  18. Basic Attention Token (BAT): Disrupts advertising industry by rewarding users for viewing ads in Brave browser.
  19. Aave (AAVE): Top decentralized lending protocol that facilitates loans with collateral and liquidity provision.
  20. Bitcoin (BTC): The world’s first cryptocurrency with a limited 21 million supply. Around 19 million is in circulation.

A Closer Look at the Best Cryptocurrencies to Invest in

We’re now going to unravel the fundamentals of each crypto project listed above. Read on to make an informed decision on the best cryptos for 2024. 

1. Dogeverse (DOGEVERSE): Hot new multi-chain meme coin on the Ethereum network

Dogeverse is the latest dog-themed meme coin set to take the crypto market by storm. With ‘Doge Day’ just around the corner (20th April), the timing couldn’t be better.

This multi-chain meme coin has the advantage of being compatible with other major meme coin chains, such as BSC, Polygon, Base, Solana, and Avax. In fact, Dogeverse is the first Doge meme token to do this.

The presale is currently underway, and with just 15% of tokens earmarked for early investors, there couldn’t be a better time to buy.

To get a hold of Dogeverse tokens, simply connect your Metamask, Wallet Connect or Coinbase Wallet to the website. Then, choose your network and buy the token with either ETH, BNB, MATIC or USDT.

Screenshot 2024 04 08 164555

When the presale ends, lucky buyers will be able to claim their $DOGEVERSE tokens. The plan is for the token to be available on all major chains and DEXs. Once secured, token holders can simply use the Dogeverse Bridge to easily switch between chains.

$DOGEVERSE token holders who use the Ethereum network will also be able to stake their tokens for annual rewards. With 6088.8 tokens rewarded for every ETH block processed and staking rewards to decrease over time, it’s the perfect time to get involved.

For more information, check out the Dogeverse whitepaper. For all the latest news, be sure to follow the project on X and join the exclusive Telegram group.

Total Tokens200 billion
Tokens Available in ICO40 billion
BlockchainEthereum
Token typeERC-20
Minimum PurchaseN/A
Purchase WithUSDT, ETH, BNB, Credit Card

2. Sealana (SEAL) – New Meme Coin Has Raised $230K on Presale 

The next best cryptocurrency on our list is $SEAL, the native token of Sealana. This is a new meme cryptocurrency featuring an obese American Redneck seal as its central avatar. 

The seal is loosely based on a popular character from the South Park TV series, World of Warcraft Guy. The seal decides to start trading cryptocurrencies in hopes of moving out of his mom’s basement. 

PresaleofSealana

The Sealana project is for all those risk-takers looking to secure a huge return on their investment. Based on the Solana blockchain, Sealana will benefit from the network’s high transaction speed and low costs. 

Currently, interested investors can join the $SEAL presale by transferring SOL tokens to the following crypto wallet address – DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c. 

An investment of just 1 SOL will get you 6,900 $SEAL tokens. With the recent popularity of other SOL-based meme coins, such as Solama and Popcat, Sealana could be the next big cryptocurrency to invest in 2024. 

For more information, go through the Sealana Telegram channel and follow Sealana on X (Formerly Twitter)

For more information, check out the Dogeverse whitepaper. For all the latest news, be sure to follow the project on X and join the exclusive Telegram group.

Total TokensN/A
Tokens Available in ICON/A
BlockchainSolana
Token typeSPL
Minimum PurchaseNone
Purchase WithSOL

3. WienerAI ($WAI): Popular Meme Token Leveraging AI and Offering High Staking APY

WienerAI ($WAI) is next on our list of the best cryptos to buy. It is a promising new meme token that combines artificial intelligence and the charm of dog-themed meme tokens to create a funny but powerful cyber-dog. 

It brings together two of the most popular trends – memes and AI – to try to be the ultimate “top dog” in the meme coin space. One of the best things about WienerAI is its high staking rewards. 

Early buyers can get an APY of over 700% at the time of writing. Buyers can staker their $WAI tokens immediately, even before the ongoing presale ends.

Screenshot 2024 05 07 at 6.35.05

The ongoing presale allows investors to buy $WAI for just $0.000704 at press time (this price will increase in the next presale stage). The platform raised over $1.1 million in less than two weeks of launch, showing massive community support.

WienerAI’s roadmap is split into three steps:

  • The first step focuses on contract audits and marketing campaigns.
  • The second step involves upgrading and expanding the reach of the Sausage Army.
  • The final step is being listed on global exchanges.

Interested buyers can join WienerAI’s Telegram group and follow it on X (Twitter) to keep up with the latest presale progress.

Total Tokens69 billion
Tokens Available in ICO20.7 billion
BlockchainEthereum
Token typeERC-20
Minimum Purchase
Purchase WithETH, USDT, BNB, Card

4. Mega Dice Token (DICE): Popular GambleFi token offering a $2.25 Million Airdrop for Presale Buyers

Next on our list of best cryptos is Mega Dice Token ($DICE). It aims to redefine the crypto casino space by combining the best gaming elements with DeFi.

The platform is already quite successful and has 10,000+ active monthly users. It recently launched a presale for the $DICE token, where early investors can get these tokens for just $0.069. This price will increase during the expected exchange listings soon.

Screenshot 2024 05 14 at 11.13.1
Mega Dice Token Presale – Source: Mega Dice

$DICE presale has been quite successful, raising nearly $1 million in just a few weeks of launch. The token holders can get many benefits, including cash back when playing at the casino, free airdrop rewards, and NFT perks.

The platform’s initial success is similar to what happened with other tokens like Rollbit, which saw a massive rally in 2023, and TG.Casino, which went up by 4 times when it launched.

Mega Dice also has a 10% referral commission with no limit on how much you can earn. Moreover, it will also airdrop $2.25 million worth of tokens to early presale supporters over 3 seasons. Users who participate early can get daily rewards based on the casino’s performance. Interested buyers can join the Mega Dice Telegram channel and follow its X (Twitter) handle to get the latest updates.

Total Tokens420 Million
Tokens Available in ICO147 Million
BlockchainSolana
Token typeSPL
Minimum PurchaseN/A
Purchase WithSOL, ETH, BNB

5. 99Bitcoins (99BTC): Learn2Earn Crypto Offers Rewards for Increasing your Crypto Knowledge 

99Bitcoins launched in 2010 as an online education platform about cryptocurrencies and blockchains. It has amassed an organic following of more than 700K users. 

Now, 99Bitcoins has launched $99BTC, its Learn2Earn cryptocurrency token. With the tokenized version of 99Bitcoins, users can earn crypto rewards for studying cryptocurrencies. As you progress through the curriculum and engage in assessments and quizzes, 99Bitcoins offers $99BTC tokens as rewards. 

99Bitcoins Learn2Earn

Furthermore, existing $99BTC token holders can get exclusive access to VIP groups, where they can interact with like-minded individuals. This new cryptocurrency also offers high staking yields through its secure smart contract. 

Currently, $99BTC can be staked to earn more than 20,000% APYs (Annual Percentage Yields). From a total supply of 99 billion tokens, 14.85 billion will be distributed through the ongoing presale. At press time, $99BTC is priced at $0.001 per token. 

In only a few days, the presale has raised more than $160K. The top use cases and earning opportunities make 99Bitcoins one of the best new cryptos in 2024. Learn more by reading the 99Bitcoins whitepaper and joining the Telegram channel.

Total Tokens99 Billion
Tokens Available in ICO14.85 Billion
BlockchainEthereum (Will migrate to Bitcoin)
Token typeERC-20
Minimum PurchaseN/A
Purchase WithUSDT, ETH, BNB, Card

6. 5th Scape (5SCAPE): Immersive Entertainment Ecosystem Evolving Virtual Reality with Games, Animations and Learning Suites

5th Scape is a new crypto project that focuses on evolving the implementation of virtual reality to games, animations, learning programs and augmented experiences. The platform provides new and advances hardware to improve the overall virtual experience creating ultra real environments.

The project focuses on various industries including gaming, virtual healthcare, education, enterprise training, digital experiences and movies bringing an all-in-one immersive suite of products to the masses.

The native ERC20 based token is at the centre of the ecosystem and has a variety of utility and uses withing the 5th Scape entertainment marketplace. Owning $5SCAPE will enable users to access basic features of the platform, with premium content needing to be purchased. The token serves as the digital currency of the ecosystem and can be used to pay for extra features such as premium content, custom items, character upgrades, in-game tools and other exclusive paid for products.

The project is setting the stage as of the best cryptos to buy right now, bringing newfound technological advancement to an innovative immersive VR network. 5th Scape is currently holding an ongoing presale, currently in phase 1 of 12, with the current price at $0.00187. The next phase will see the price increase to $0.00215. Users can participate in the presale at the early stages to ensure purchasing at the cheapest rate and potentially maximize returns should the price increase at launch.

Total Tokens5.211 Billion
Tokens Available in ICO4.164 Billion
BlockchainEthereum
Token typeERC-20
Minimum PurchaseN/A
Purchase WithUSDT, MATIC, ETH, BNB, Card (Requires KYC)

7. Sponge V2 (SPONGEV2): One of the Best Crypto to Buy Now with an Excellent Track Record, Initial Staking APY and Future Gaming Utility

Sponge V2 is the new release of the $SPONGE meme coin that launched in early 2023. It saw excellent success, pumping over 100x, climbing from a market cap of less than $1 million to a market cap on the cusp of $100 million.

Along the way, Sponge built a strong community of 30k+ followers, and was listed on some of the top marketplaces, including Gate, MEXC, Bitget, and Poloniex.

Now the team behind Sponge is working with one eye on the future upgrading their smart contract and conducting a presale for $SPONGEV2 at the same time.

SpongeV2 Widget

This will result in the addition of utility to the SPONGE meme coin ecosystem. This comes in the form of a play-to-earn game, where users will buy game credits with Sponge V2 and then play the game to earn $SPONGEV2 tokens.

The addition of this utility could be what $SPONGE needs to get listed on some of the biggest exchanges—a goal stated in the Sponge whitepaper—like Binance, which has already listed some of the other top meme coins of 2023, such as $MEME and BONK.

Sponge Game Banner

The presale for $SPONGEV2 is live now, and purchased tokens are automatically staked for users to begin earning a variable APY. Holders of SPONGEV1 can also stake their coins to earn this variable APY, and doing so effectively locks their V1 coins forever and they receive an equal allocation of $SPONGEV2. This stake-to-bridge mechanism is the only way holders can get hold of $SPONGEV2 (SPONGEV1 will be phased out once this is complete).

Those interested in learning more can check out the meme-filled Sponge Twitter, and join the vibrant community on Discord and Telegram.

Total Tokens150 Billion
Tokens Available in Presale17 Billion
BlockchainEthereum Network
Token TypeERC-20
Minimum PurchaseNo Minimum
Purchase WithUSDT, ETH, Credit/Debit Card

8. Smog (SMOG): Brand New Coin Looking Set to Dethrone $BONK as the Solana Meme King With 800% Day-One Growth

Following the staggering success of $BONK in 2023 (more than 10,000% growth in just eight weeks), it’s clear there is a strong appetite for meme coins on the Solana network.

On this basis, Smog, branded as “the one meme coin to rule them all”, is establishing itself as one of the best crypto to buy now. The dragon-themed meme coin has immediately hit exchanges without an initial presale phase, aiming to capitalize on Bonk’s recent downturn.

So far, this mission appears to be going to plan. Despite the Fair Launch, $SMOG has surged 800% in its first 24 hours, earning a spot among the top crypto gainers. This success is largely down to the project having already cultivated a loyal and engaged following, which is thought to be critical when it comes to the success of a new meme coin.

A critical component of Smog’s release strategy is its forthcoming airdrop, for which 35% of the token’s total supply has been reserved. This equates to 490 million tokens, and is being hailed by the creators as “the greatest airdrop in Solana history”.

Taking these factors into account, we believe that $SMOG comfortably qualifies as one of the best crypto to buy now for most people.

Hard CapN/A
Total Tokens1.4 Billion
Tokens Available in PresaleN/A
BlockchainSolana
Token TypeSPL
Minimum PurchaseN/A
Purchase WithSOL, USDT, BONK

9. eTukTuk (TUK): New play-to-earn crypto project eyeing eco-friendly transportation

Freshly-launched project eTukTuk is pledging to help tackle the rapid onset of pollution in developing nations with its fleet of electric vehicles and accompanying charging infrastructure.

The project’s primary aim is to offer an affordable transition to greener transportation by manufacturing eTukTuks (a sustainable answer to the classic four-wheel vehicle, particularly popular in the Eastern world), in addition to a community charging grid.

But beyond the hardware, eTukTuk is utilizing AI technology and the Binance Smart Chain to offer $TUK, the project’s native token, with 390% staking APY on offer. Having now launched its ICO, the token has already raised more than $500,000.

The project will also soon see the launch of a driver app. This will enable eTukTuk drivers to use $TUK tokens to make payments at charging points.

eTukTuk presale

But central to the project is its play-to-earn game. Reminiscent of popular classic Crazy Taxi, the game will challenge players to pick up and drop off customers around Sri Lanka at speed, with rewards being distributed in the form of $TUK tokens. Players will also have the opportunity to upgrade their vehicles and unlock new cities as they progress.

eTukTuk also offers attractive staking opportunities, with holders able to lock their tokens in exchange for passive earnings. In addition, the project’s Power Staking feature will allow investors to earn a share of the charging fees generated by the EV charging network.

Taking these factors into account, it is clear that eTukTuk offers a fine balance between innovation and utility.

Total Tokens2 Billion
Tokens Available in ICO200 Million
BlockchainBNB Network
Token typeBEP-20
Minimum PurchaseN/A
Purchase WithUSDT, ETH, BNB, Credit Card (KYC Required)

10. Mollars (MOLLARS): New Store-of-Value Token with 80% Lower Fees Versus BTC and Potential Web3 Integration

Mollars is a new token on the Ethereum network aiming to trump Bitcoin with comparatively minimal fees.

The Bitcoin blockchain is by far the most costly to use, with transactions costing traders an average of $39 in 2023. Mollars aims to solve this problem by saving traders 80%, with an average of $8 per trade.

Beyond this, $MOLLARS boasts “true decentralization” as part of its value proposition, with the project’s founder refusing to own a portion of the token supply without purchasing it. This is in stark contrast to Bitcoin, whose founder, Satoshi Nakamoto, is widely understood to have self-awarded one million tokens, thus wielding the ability to manipulate the coin’s market value.

With this in mind, Mollars proudly brands itself as fair, transparent and community-focused. And to solidify this model for the future, the founders have planned a post-launch exit.

$MOLLARS also boasts added utility, with the creators having teased a forthcoming, gaming-themed web3 product that will integrate with the token.

Mollars tokenomics e1708002336792

These factors have combined to bring Mollars a great deal of success at launch, with nearly 1.5 million tokens sold and $700,000 raised.

Taking all of this into account, Mollars comfortably makes our list of the best crypto to buy now in 2024.

Total Tokens10 million
Tokens Available in Presale4 million
BlockchainEthereum
Token TypeERC-20
Minimum PurchaseN/A
Purchase WithSOL, USDT, Credit/debit card

11. Chainlink (LINK): Powering the Future of Web 3.0 With Real-Time Data for Blockchain Smart Contracts   

Chainlink specializes in Oracles, which bridge blockchain technology with the real world. More specifically, Chainlin ensures that smart contracts have access to data outside of the blockchain ecosystem. This allows decentralized applications to extract accurate and timely data without relying on centralized providers. 

Chainlink achieves consensus by scanning an unprecedented number of online sources. Not only does this ensure that smart contracts are fed reliable data but free of agenda and bias. The use cases for Chainlink are limitless. In fact, any decentralized platform that seeks offline data will benefit from Chainlink Oracles. 

Chainlink price chart

For example, consider a decentralized derivatives marketplace that offers currency options. Through Chainlink, the platform can provide clients with real-time data on currency exchange movements. Its underlying smart contracts can settle options trades autonomously, as it has access to market data from the most reliable sources. 

LINK tokens sit at the heart of Chainlink’s Oracle network. Decentralized applications must pay fees in LINK should they wish to query data. Although Chainlink has a market capitalization of over $6 billion – it’s trading well below its former all-time high. LINK is available at an 80% discount right now – which could be its lowest price point – ever

12. BNB (BNB): Ecosystem Token Backing the Binance Framework With an Ongoing Burning Mechanism   

BNB is the fourth largest cryptocurrency by market capitalization – currently valued at over $34 billion. Founded in 2017, BNB is the ecosystem token of Binance – the world’s largest exchange. In simple terms, BNB gives you exposure to the Binance ecosystem, but it also comes with several use cases. 

For example, those trading on the Binance exchange and paying fees in BNB will receive a 25% discount on commissions. BNB is also the native currency of the Binance Smart Chain. Any transactions taking place on this network requires BNB to settle fees. What’s more, BNB is used as liquidity on the Binance Smart Chain – providing further demand for the token. 

BNB price chart

Binance also has a burning mechanism, which periodically removes BNB from the circulating supply. This makes BNB the best crypto to buy now if you’re looking for a deflationary asset. Now could be a great time to buy BNB, considering it’s currently trading 67% below its all-time high. BNB is also a staking coin, allowing holders to earn passive rewards. 

13. Arbitrum (ARB): Scalability Solutions for ERC20 Projects via an Efficient Layer 2 Network    

Arbitrum is another quality cryptocurrency project that trades at a huge discount. Since its native token, ARB, launched in early 2023 – it’s down over 90%. This presents a superb buying opportunity, considering the long-term potential of the Arbitrum network. Put simply, Arbitrum is a layer 2 solution for the Ethereum ecosystem. 

ERC20 projects – such as Tether, Chainlink, USD Coin, and Wrapped Bitcoin – benefit from higher scalability when bridging to Arbitrum. After all, Arbitrum can handle up to 40,000 transactions per second. The Ethereum network can barely handle 30. Arbitrum also offers lower network fees and faster transaction times. 

Arbitrum price chart

According to CoinMarketCap, 245 ERC20 projects are currently bridged to Arbitrum. Any transactions executed by these projects require ARB tokens for fees. Although ARB was only launched in early 2023, it’s already trading at a 90% discount. This values Arbitrum at just over $1.3 billion. ARB can recover as more projects connect to the Arbitrum network.

14. Ripple (XRP): Liquidity Token for Large Financial Institutions Engaging in Cross-Currency Transactions     

Ripple is a large-cap cryptocurrency currently valued at over $32 billion. That said, its native token, XRP, trades 84% below its all-time high. This was achieved in January 2018, meaning XRP has been stuck in a bearish cycle for nearly six years. However, XRP has solid fundamentals, considering the use cases of its technology. 

In a nutshell, Ripple’s payment network facilitates cross-border transactions for large financial institutions. It solves an age-old issue – slow and expensive cross-currency transfers, especially when the emerging markets are involved. Transactions going through the Ripple network take seconds to settle, regardless of the currencies being exchanged. 

XRP price chart

This is because XRP tokens provide a bridge of liquidity in real-time. What’s more, transaction fees are fixed at 0.00001 XRP. Based on XRP/USD prices today, that’s just $0.000006. Ripple also has a stamp of approval, as over 300 financial institutions are trialing its payment network. This includes Standard Chartered, Santander, and Bank of America. 

15. Solana (SOL): Energy-Efficient Blockchain Network With Unparalleled Speed and Scalability [Smart Contract Compatible]     

Next up is Solana – which is the best crypto to invest in 2024 for exposure to smart contract adoption. Although Ethereum is the dominant player in this space, Solana offers developers a much better alternative. Solana can handle up to 65,000 transactions per second, with settlement fees averaging just $0.00025. 

As we mentioned earlier, Ethereum handles about 30 transactions per second, so it can’t compete with Solana in this department. Solana is also energy-efficient – transactions have a 0% net carbon impact on the environment. SOL, its native ecosystem token, is required to settle transaction fees. 

Solana price chart

Solana’s speed, efficiency, and scalability make it ideal for the Web 3.0 industry. It can handle all types of decentralized applications – whether that’s metaverses, exchanges, or play-to-earn games. SOL is another quality cryptocurrency trading at huge bear market discounts. Since hitting all-time highs in November 2021 – SOL has declined by 84%

16. Decentraland (MANA): Established Metaverse With Virtual Land Ownership and an Ecosystem Token Trading 93% Below Previous Highs     

Decentraland is the best crypto to buy now for exposure to the metaverse. This established project is built on the Ethereum framework, but it’s also bridged to the Polygon ecosystem. This ensures that metaverse transactions are scalable and settled with competitive fees. The Decentraland metaverse offers many features, including virtual experiences and play-to-earn games. 

Decentraland is fully customizable, allowing players to create their own virtual characters. Not only that but players can purchase virtual plots of land and build their own real estate projects. This could be anything from a hotel or villa to a casino or shopping mall. Players can monetize their real estate investments, such as renting rooms or selling tickets to virtual experiences. 

MANA price chart

Crucially, all in-game assets are backed by unique NFTs. This secures ownership and allows players to sell their in-game assets on the Decentraland marketplace. MANA tokens are the transactional currency in the Decentraland metaverse. MANA is up over 1,400% since launching in 2017, but down 93% from all-time highs.

17. Uniswap (UNI): Leading Decentralized Exchange Supporting Cross-Chain Swaps via Liquidity Pools      

Another high-growth area to consider is decentralized finance – and Uniswap is the best option in this investment category. Uniswap is a decentralized exchange that allows traders to buy and sell crypto tokens without intermediaries. Trades are facilitated by liquidity pools, which are funded by investors. 

For example, suppose an investor deposits equal amounts of BNB and BUSD in a Uniswap liquidity pool. Someone wishing to swap BUSD for BNB can do so instantly. They’ll pay a small trading fee to Uniswap, which is shared with liquidity pool investors. Not only does Uniswap support the Binance Smart Chain but plenty of other network standards.

Uniswap price chart

This includes Avalanche, Optimism, Polygon, Arbitrum, and Ethereum. Cross-chain trading is also supported. For example, users can swap USDC (Ethereum) for ARB (Arbitrum). Uniswap is backed by its governance token, UNI. According to CoinMarketCap, UNI is trading 90% below its all-time high. Uniswap is currently valued at just over $2.8 billion. 

18. Basic Attention Token (BAT): Proprietary Web Browser With Over 60 Million Monthly Active Users Offering Tokenized Rewards       

Basic Attention Token is an established cryptocurrency project that has developed a native web browser – Brave. It attracts over 60 million monthly active users and has a strong focus on privacy. Moreover, Brave allows users to earn tokenized rewards, paid in BAT. Rewards are paid when users view ads that are relevant to their interests. 

The Brave browser is also popular with content creators. It distributes a portion of ad revenues and gives creators full control over their works. Brave is also attractive to marketing agencies that want more targeted ad campaigns. Fees are paid in BAT, which makes the Brave ecosystem sustainable and self-sufficient. 

BAT price chart

In terms of valuation, Basic Attention Token has a market capitalization of just under $320 million. This will appeal to growth investors, especially considering Brave’s continued user adoption. Moreover, BAT tokens are trading at a huge discount of over 88%, when compared to all-time highs.  

19. Aave (AAVE): Decentralized Lending Ecosystem With Over-Collateralized Loans Funded by Investors       

Aave is another quality blockchain project from the decentralized finance space. Built on the Ethereum network, Aave allows users to obtain over-collateralized loans on their crypto holdings. For example, suppose an investor is currently holding $1,000 worth of ETH. They deposit the ETH tokens into a smart contract and then have access to financing. 

If the loan-to-value (LTV) available is 50%, the investor can borrow $500 worth of crypto from an Aave liquidity pool. The over-collateralization of loans means that Aave is a safe lending platform. Moreover, Aave never touches client funds, as they’re locked in smart contracts. Borrowers automatically receive their collateral when the loan is repaid. 

AAVE price chart

Aave not only supports the Ethereum network but also other blockchain standards. This includes Polygon, Fantom, Arbitrum, and Harmony. LTV ratios depend on the crypto tokens being used as collateral. For example, large-cap tokens like ETH and USDT offer the highest LTVs. Aave’s native ecosystem token, AAVE, is currently trading 87% below all-time highs

20. Bitcoin (BTC): 107% Gains Year-to-Date but Still Trading 48% Below All-Time Highs 

Bitcoin was the world’s first cryptocurrency when it launched in 2009. It has remained the largest cryptocurrency by market capitalization ever since – currently valued at over $690 billion. Although the upside potential of Bitcoin is lower than smaller-cap cryptocurrencies, it still represents a solid long-term investment. 

For example, Bitcoin has increased by over 107% year-to-date. In contrast, the S&P 500 has grown by just 10% over the same period. Moreover, based on current prices, Bitcoin is trading 48% below its all-time high. Should Bitcoin return to over $68,000 during the next bull run – this would constitute an upside of almost 95%. 

Bitcoin price chart

According to analysts at Standard Chartered, Bitcoin could surpass $100,000 by the end of 2024. There is also anticipation of Bitcoin’s next halving event. Expected in April 2024, this reduces the 10-minute mining reward by 50%. And thus, reduces the rate that new Bitcoin tokens enter the market. Historically, halving events have helped Bitcoin record new highs. 

Our Methodology: Ranking the Best Crypto Investment Projects

We’ve ranked the 16 best crypto to buy now, covering many different projects and use cases. Read on to discover our methodology when researching and analyzing cryptocurrency investments. 

Technological Innovation and Project Objectives

The best way to build a cryptocurrency portfolio is by diversifying into various different niches. This is similar to investing in stocks, where you might gain exposure to energy, retail, tech, banking, and other sectors.

A high-growth market we like is cryptocurrency gambling. TG.Casino stands out here, which recently launched a regulated gambling bot on Telegram. Players are joining TG.Casino in their waves, as it offers anonymous gambling accounts, generous bonuses, and instant cryptocurrency payouts. 

TG.Casino Telegram Features

We also choose cryptocurrency projects involved in decentralized finance. According to Grand View Research, the decentralized finance industry is currently worth just $16.33 billion. However, by 2030, this is expected to increase to $231.19 billion. This represents a huge compound annual growth rate (CAGR) of 46%.

We rate Uniswap as one of the best decentralized finance investments. It’s one of the largest decentralized exchanges for trading volume and supports multiple blockchain standards. Traders can buy and sell tokens without requiring centralized order books. We also included Aave, which offers over-collateralized loans on idle cryptocurrency holdings. 

For further diversification, we also explored the metaverse industry. Decentraland was our top metaverse pick. Its ecosystem allows investors to buy virtual real estate plots, backed by unique NFTs. Decentraland plots have previously sold for 7 figures, including a $2.43 million purchase in late 2021. 

Crucially, when searching for the best crypto to buy now – consider delving into various industries and sectors. If a particular market fails to deliver, you won’t be over-exposed. 

Focus on Crypto Projects With a Solid Use Case 

Our methodology focused exclusively on cryptocurrencies with solid use cases. This means the token is required to access specific products or services. This can attract buyers who aren’t specifically aiming for financial gains. 

  • For example, developers need to purchase LINK tokens to access Chainlink Oracles. 
  • They can then run data queries from the real world, ensuring that decentralized applications operate autonomously without intermediaries. 
  • Therefore, demand for LINK will increase as more developers use the technology. 

Similarly, BNB is required by cryptocurrency projects on the Binance Smart Chain. This is because BNB is the network’s transactional currency, meaning it’s required to pay fees. BNB is also required for liquidity, enabling buyers and sellers to trade BSC tokens in smooth market conditions. Moreover, BNB offers Binance exchange traders a 25% discount on commissions. 

BNB Smart Chain features

Another cryptocurrency token that has solid use cases is LPX, which backs the Launchpad XYZ ecosystem. Investors are incentivized to buy and stake LPX tokens, as it offers access to premium features. This includes access to fractionized stores of value, such as real estate and gold. LPX holders also get discounted trading fees and access to Telegram trading signals. 

At the other end of the scale, most cryptocurrencies do not have any use cases. Or at least any use cases that are likely to attract non-speculative buyers. For example, Dogecoin investors claim that the project has utility, as DOGE tokens can be used as a payment method. 

However, it’s unlikely people will go through the hassle of buying Dogecoin with fiat money, just to use the tokens for purchases. This adds an unnecessary step and increases fees. Moreover, Dogecoin is far too volatile to be taken seriously as a payment currency. In fact, the Dogecoin price has declined by over 90% since May 2021. 

Diversify Your Portfolio With New and Established Cryptocurrencies With Various Market Capitalization

Experienced investors will build a well-balanced cryptocurrency portfolio that covers new and established projects. This is similar to a stock portfolio containing a mixture of growth companies and blue chips. The same concept can be applied to cryptocurrencies. 

Portfolios should always contain some established cryptocurrencies like Bitcoin, Ripple, and BNB. These projects have proven their use cases over many years, which is why they now have large valuations. That said, the upside potential will be more limited. 

  • For example, BNB is currently valued at just over $34 billion. 
  • For BNB to grow by 20x, it would need a market capitalization of $680 billion. 
  • This would make BNB nearly as valuable as Bitcoin. 
  • Not only that, but increasing its valuation to $680 billion would require a significant amount of buying pressure. 
  • Although it’s not impossible for BNB to reach these heights, it could take many years. 

Ultimately, it’s important to ‘weight’ your cryptocurrency portfolio accordingly. A common strategy is to allocate a large percentage of your portfolio to established cryptocurrencies, such as Bitcoin and XRP. 

A slightly lower allocation could be given to small and medium-cap projects, like Arbitrum, Decentraland, and Basic Attention Token.

Historical Performance During Bull and Bear Cycles  

In addition to the fundamentals, it’s crucial to spend some time researching pricing data. Although past performance doesn’t guarantee future results – it can provide valuable insights. Especially when making comparisons to the broader market. 

  • For example, during the prior bull cycle – which covered most of 2020 and 2021, many cryptocurrencies recorded new all-time highs. 
  • This includes Bitcoin, which surpassed highs of $68,000 in November 2021. 
  • In the same month, Solana also hit new highs – peaking at $260.06. 

However, not all cryptocurrencies performed well during the last bull market – which should raise a red flag. 

For instance, EOS – last hit an all-time high in April 2018. It now trades 97% below this price point – meaning it failed to recover when the broader industry was bullish. Similarly, Dash previously recorded new highs back in December 2017. This means that Dash has remained bearish for almost six years.

Conversely, our methodology also considered cryptocurrencies that have performed well when the wider markets were bearish. These projects prove that they can produce gains in all economic environments. For example, Wall Street Memes raised over $25 million in presale funding.  

Those investing in the first presale stage paid just $0.0256 per WSM token. After WSM was listed on exchanges in September 2023, it went on to record highs of $0.079. This means that in about three months, early presale investors made returns of over 211%. 

Current Price vs All-Time Highs 

According to CoinMarketCap, the total value of all cryptocurrencies at the start of 2023 was $794 billion

  • Today, the broader market is valued at over $1.3 trillion. 
  • This means that year-to-date, the cryptocurrency industry has increased in value by more than 63%. 
  • However, at its peak in November 2021, the industry was worth over $2.9 trillion. 
  • This means that the wider market is still trading 55% below its prior peak. 
  • In other words, we’re still firmly in a bear cycle. 

That being said, this means that the majority of cryptocurrencies are trading well below their all-time highs. This offers a solid buying opportunity, as you’ll get more tokens for every dollar spent. Even Bitcoin is trading at a 48% discount, while BNB is 67% down. 

Crypto total market cap

Outside of large-cap cryptocurrencies, even bigger discounts are available. When compared to their all-time highs, Arbitrum, Decentraland, and Aave are trading at discounts of 90%, 93%, and 87%, respectively. 

Therefore, you might consider buying discounted cryptocurrencies while you still have the chance. After all, there’s a lot to look forward to in 2024. First, we mentioned earlier that the next Bitcoin halving event will take place – reducing the mining reward from 6.25 BTC to 3.125 BTC. There have been three Bitcoin halving events previously. 

All resulted in extended bull runs of between 12 and 17 months. Second, the first Bitcoin exchange-traded fund (ETF) on Wall Street is expected to win approval from the SEC in 2024. This will enable institutional clients to invest in Bitcoin without needing to worry about custodianship or trade leveraged futures. 

And thus, when Bitcoin performs well, so does the broader cryptocurrency industry. Therefore, never before has there been a better time to enter the market. 

Where to Find the Top Cryptocurrency to Invest in 2024

Now that we’ve explained our methodology, let’s explore where to find the best cryptocurrency to buy today. This will help you choose your own investments and make informed trading decisions. 

CoinMarketCap

With over 340 million monthly active users, CoinMarketCap is the best place for cryptocurrency analytics. Not only does it offer an unprecedented amount of data on the best cryptocurrency to buy now, but it operates in real-time. It extracts pricing data from hundreds of centralized and decentralized exchanges, providing valuable insights. 

CoinMarketCap offers real-time pricing, market capitalization, and trading volume. It also provides tokenomic data – such as the total and circulating supply of each cryptocurrency. CoinMarketCap also helps you find the biggest gainers and losers over various time frames. 

CoinMarketCap trending coins

For instance, you can view the best-performing cryptocurrencies in the prior 24 hours or 7 days. Oftentimes, cryptocurrencies with strong pricing momentum go on extended bull runs. 

Conversely, you might also consider cryptocurrencies that have witnessed a huge decline in the past day. This could present a buying opportunity if the markets have overreacted to bad news. This is similar to buying stocks after worse-than-expected quarterly earnings. 

DexTools

We mentioned earlier that seasoned investors will allocate a small percentage of their portfolio to new cryptocurrencies. This is because new projects are inherently risky, but they also offer an attractive upside. If you’re interested in new cryptocurrencies – check out DexTools. This data analytics platform is similar to CoinMarketCap. 

However, it specializes in cryptocurrencies listed on decentralized exchanges. This is often where new cryptocurrencies trade before they apply for centralized listings. After all, decentralized exchanges rarely have any listing requirements – any project can add its tokens. 

DexTools daily gainers

DexTools lists over 2.2 million crypto pairs – so it’s best to start with the ‘Daily Gainers’ section. 

This lists the top crypto to buy over the prior 24 hours. It also scores projects from 1 to 100 based on various metrics. This includes smart contract security, the number of token holders, and trading volume. 

DexTools also lists other important data, such as market capitalization and available liquidity. You can use this information to find the best new crypto to buy. 

  • Next, check out the ‘Hot Pairs’ section on DexTools. 
  • This is based on a simple methodology – cryptocurrencies that have been viewed the most times on DexTools in the prior sign.
  • Although simple, views often translate into buys
  • When viewing Hot Pairs, you’ll need to choose your preferred blockchain network. 
  • DexTools supports Ethereum, Binance Smart Chain, Arbitrum, Solana, and other popular ecosystems. 

Just like CoinMarketCap, DexTools is completely free to use. 

Reddit

With over 57 million daily active users, Reddit offers invaluable cryptocurrency insights. Put simply, the social network allows you to assess broader sentiment on specific cryptocurrencies. For example, suppose you’re interested in a new cryptocurrency that you discovered on DexTools. 

You can search Reddit for the cryptocurrency and assess what members think about the project. If sentiment is overly positive, this is a good sign. Conversely, you might also discover some red flags about the cryptocurrency – which you can then explore further. 

Reddit can also be used for inspiration on the best coin to invest in. It has many individual forums dedicated to cryptocurrency investments. 

This includes:

These are just a few examples of Reddit groups that can help you find the best crypto to buy now – there are many others. 

Just remember that like many anonymous social networks, Reddit attracts bad actors. Avoid posting any information about your cryptocurrency holdings, as you might receive personal messages from scammers. 

YouTube

We’d suggest checking out popular YouTube channels that are dedicated to cryptocurrency investments. There are many different options.

For example, Discover Crypto (Formally BitBoy Crypto) has over 1.4 million subscribers. Videos are posted on most days, covering a range of large-cap cryptocurrencies. The channel covers fundamental research and technical analysis, so you’ll get a broad overview of how the markets are performing.  

If you’re looking to brush up on your crypto knowledge and become a more informed investor, check out Coin Bureau. This YouTube channel not only has over 2.3 million subscribers, but most videos attract at least 100,000 views. 

Jacob Crypto Bury YouTube channel

Those looking for the best new crypto to invest in should check out Jacob Crypto Bury. Although this YouTube channel has just over 23,000 subscribers, Jacob Bury has proven to be a gem in the small-cap space. Having browsed through his video history, Bury has tipped some of the best-performing crypto presales in recent years. 

Although Bury’s picks are considered risky, some of his recommendations have produced huge returns. For example, we mentioned earlier that Wall Street Memes made over 211% for early presale investors. Bury suggested the Wall Street Memes presale virtually days after it was launched to the public. 

Jacob Crypto Bury is currently invested in Sponge V2. Just make sure you do your own research; never invest solely because a YouTube analyst tells you it’s the best crypto coin to buy.

Choosing the Best Cryptocurrency to Invest in 2024: Token Types  

The cryptocurrency market consists of many different token types. What’s more, some tokens fall into two or more different categories. 

It’s important to understand how each works so you know which cryptocurrency types are best for your portfolio. 

Utility Tokens

Most cryptocurrency projects refer to themselves as ‘utility tokens’. This means that their proprietary token has an identifiable use case. However, this isn’t always the case – so you’ll need to do your own due diligence. 

One of the best examples of a utility token is XRP. It has utility because XRP provides liquidity to financial institutions using the Ripple payment network. This enables institutions to engage in cross-border transfers with illiquid currencies. Therefore, institutions using Ripple need to buy XRP – should they require a bridge of liquidity. 

Ripple XRP crypto project

In contrast, Safemoon doesn’t have any utility at all. Instead, it simply taxes transactions and distributes the funds to existing token holders. Nonetheless, the SEC explains that Safemoon increased by over 55,000% between March and April 2021. This shows that oftentimes, the cryptocurrency markets are irrational.  

Nonetheless, we’d suggest focusing on utility tokens when exploring the best cryptos to buy. As you’ll see from the top 100 cryptocurrencies by market capitalization – the vast majority have actual use cases. 

Meme Coins

Meme coins are another popular cryptocurrency type. The original, and still the most popular meme coin is Dogecoin. Other well-known meme coins include FLOKI, Shiba Inu, and Tamadoge. 

Although some meme coins build utility for token holders, most are aimed at speculative investors. Meme coins typically use a popular culture reference as their logo. For example, Pepe uses Pepe the Frog as its project mascot. While Dogecoin uses a Shiba Inu dog breed. 

Although meme coins are inherently volatile and speculative, they can produce significant gains in a very short period of time.

There are many other examples of successful meme coin pumps. However, there are even more instances where meme coins have capitulated in value – so tread with caution. 

Platform Tokens

We’d also suggest exploring some platform tokens when choosing the best crypto coins to buy. In a nutshell, these are tokens that fuel a proprietary blockchain network. They’re required when transacting on the respective blockchain, meaning they have a solid use case. 

Ethereum official website

This is why platform tokens can also be considered utility tokens. 

  • The most popular platform token to buy is ETH, which sits at the heart of the Ethereum network. 
  • Consider that there are thousands of decentralized applications built on Ethereum – including Decentraland, Uniswap, Aave, Chainlink, and Basic Attention Token. 
  • Whenever one of these projects needs to transact, fees need to be paid in ETH. 

This is also the case with BNB and the Binance Smart Chain. 

Crucially, platform tokens will always remain in demand for as long as the underlying blockchain is used by developers. 

Store of Value Coins

Store of value coins allow investors to buy and hold cryptocurrencies that can retain their value over the course of time. This follows the same concept as gold, silver, real estate, and fine art.   

Although many cryptocurrencies claim to offer a store of value, we’d argue that only Bitcoin truly meets this criteria. Not only is Bitcoin the de-facto cryptocurrency of choice, but it has a limited supply of just 21 million tokens. 

Bitcoin also has a controlled supply – new tokens enter circulation at fixed amounts every 10 minutes. Not only does this mean Bitcoin has a predictable supply but it won’t suffer from inflationary practices.   

Stablecoins

Another cryptocurrency type is stablecoins. These aren’t designed to appreciate in value – they’re usually pegged to a fiat currency like US dollars. Tether is the most popular stablecoin. Valued at over $84 billion, Tether is the third-largest cryptocurrency by market capitalization

Other popular stablecoins pegged to the US dollar include USDC Coin, Dai, TrueUSD, BUSD, and USDD. There are also stablecoins pegged to euros, Japanese yen, and other global currencies. 

Stablecoins allow investors to hold traditional currencies away from centralized bodies, such as banks. However, there are no guarantees that a stablecoin will remain pegged to its respective currency. TerraUSD – once one of the largest stablecoins, is now worth just $0.01. 

Conclusion

Discovering the best crypto to buy now not only requires independent research – but investors need to know where to look. Having analyzed the market extensively, we’re choosing Dogeverse ($DOGEVERSE) as our number one pick. 

This cryptocurrency offers a fun way to earn passive income while providing access to a variety of different chains. Users can stake $DOGEVERSE tokens for long-term rewards. It’s an eco-friendly option, using a Proof of Stake mechanism, with a limited supply of 200 billion tokens.

References

FAQs

What crypto has the most potential?

Dogeverse ($DOGEVERSE) is our pick as the cryptocurrency that has the most potential. It offers a fun way to earn passive income through its staking model and capitalizes on the popularity of Doge in the crypto community.

Which crypto will explode in 2024?

With the next Bitcoin halving expected in April – plus the potential for a Bitcoin ETF approval, Bitcoin could explode in 2024. Other promising cryptos that could explode include Uniswap, Chainlink, and Decentraland. 

What is the best long-term crypto to buy?

Long-term investors should consider established cryptocurrencies like Bitcoin, BNB, and XRP. Consider adding some newly launched cryptocurrencies too, such as Dogeverse, Slothana and 99Bitcoins. 

What crypto will reach $1?

Many penny cryptocurrencies have the chance to reach $1 in the next 12 months. This includes Dogeverse and Slothana. 

Which is the next big crypto?

One of the next big cryptos is Dogeverse ($DOGEVERSE). It offers access to a variety of chains alongside an innovative staking model.