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15+ Best Crypto to Invest in 2024

15+ Best Crypto to Invest in 2024
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As the crypto market is in a bullish state sustained by a greedy market sentiment of 75%, choosing some of the best cryptos to buy could be daunting, regardless of your strategy within the virtual world.

Moreover, after an eventful 2023 that deeply marked the cryptocurrency market through the Black Rocks approval on Bitcoin spot ETF and the recovery from the FTX incident and other damaging events, along with the end of the bear market, it is time to see how 2024 awaits us.

Indeed, Bitcoin ETF approval has improved things, thus marking an increase of +155.2% in 2023. This caused the cryptocurrency space to witness a doubled market cap, ending the year positively with an increase of 108.1%, reaching $1.72T.

As a result, many crypto traders and investors wonder which crypto coins are worth investing in in 2024 and which crypto assets have the most potential for the year to come.

Luckily for all of you, weve analyzed some of the best crypto to buy so that you can have a starting point in your crypto assets investing strategy. However, we suggest that you study the crypto markets and maybe a 2023 crypto report to make an informed decision and have a better overview of the crypto landscape.

It is well known that past performance doesnt guarantee future returns, so taking everything with a grain of salt is essential, especially since the information presented in this article is not financial advice and digital assets, in general, are highly volatile.

The Best Crypto to Buy Now? Top 15+ Cryptos to Invest

If youre looking for those cryptos with the most potential to buy in 2024, discover our complete list of the best cryptos to invest in right now. Depending on its risk and reward levels, weve selected some of the best crypto to buy in 2024.

So, lets jump in!

Low Risk Low Reward Cryptocurrencies To Buy

Bitcoin (BTC)

  • Sentiment: Bullish;
  • F & G Index: 64.39 (greed);
  • Market Capitalization: $1,208,322,412,301;
  • 24H Trading Volume: $88,169,469,806;
  • BTC Price as of Today: $66,639.00;
  • Price Prediction: $142,267.27 (113.66%);
  • ROI: 2.95x;

Bitcoin is the most popular cryptocurrency that doesnt need any introduction, as its the original cryptocurrency and the most trusted and used cryptocurrency worldwide. Given the past market returns and the limited token supply, Bitcoin is one of the most valuable cryptocurrencies.

Not to mention that BlackRocks approval on spot ETF has brought new grounds, whereas many crypto analysts believe that Bitcoin will reach the maximum price of $145,943.93 by the end of the year. As a result, Bitcoin seems to be the best crypto to buy if you dont want any hassle with Decentralized Finance, new cryptocurrency markets, and other meme tokens.

Ethereum (ETH)

  • Sentiment: Bullish;
  • F & G Index: 76.02 (extreme greed);
  • Market Capitalization: $459,820,051,242.84;
  • 24H Volume of Trade: $49,632,111,704.5;
  • ETH Price as of Today: $3,828.01;
  • Price Prediction: $8,337.89 (115.20%);
  • ROI: 2.42x;

The king of smart contracts, the first blockchain that allowed you to create tokens, and the utility token  Ethereum. Created by Vitalik Buterin and being the second worlds largest crypto by market cap, Ethereum supports smart contracts and had the most significant adoption due to the Decentralized Finance mania and presale tokens.

Furthermore, in 2024, Ethereum is still a top pick, especially since it is the native currency of the Ethereum blockchain and its still used as a network payment method, transaction fees, and most importantly, it permanently destroys its tokens, thus reducing the supply over time. As the supply decreases, the value increases.

Not to mention that this cryptocurrency stands at the core of many Play-to-Earn and other decentralized applications and DeFi projects, which are set to grow in future years.

Ripple | XRP

  • Sentiment: Bullish;
  • F & G Index: 26.50 (fear);
  • Market Capitalization: $33,562,689,279.95;
  • 24H Volume of Trade: $4,382,484,993.92;
  • XRP Price as of Today: $0.61;
  • Price Prediction: $1.31 (113.29%);
  • ROI: 1.61x;

With over ten years since XRPs inception as the native token of Ripple, this crypto asset has repeatedly proven naysayers wrong, mainly when the XRP ledger consensus protocol has dramatically influenced the industry for many institutional players through its cross-border payments network.

Not to mention that XRP has witnessed a remarkable comeback after the SEC vs Ripple lawsuit. Taking the well-established position of 6th crypto by market cap, many crypto experts and financial analysts believe XRPs price prediction will reach $1.34.

One thing is sure: the more interest XRP will spark for international payments, its value will skyrocket.

Solana | SOL

  • Sentiment: Bullish;
  • F & G Index: 29.01 (fear);
  • Market Capitalization: $58,148,218,865.31;
  • 24H Volume of Trade: $9,438,689,335.88;
  • SOL Price as of Today: $131.41;
  • Price Prediction: $286.99 (117.27%);
  • ROI: 6.01x;

Solana is another crypto project that has endured for as long as its been on the market and had the great resurrection of 2023, thus ending Q4 with a 374% price increase. As of March 2024, Solana takes the 5th place by market cap.

SOL, its native token, could be one of the many crypto investment opportunities that enjoy the spotlights, especially since it seems to be on a growth trajectory after a significant collapse in 2022, influenced by the FTX meltdown.

So, for investors wondering whether SOL will recover and if it is a reliable crypto project, we can say that Solana has shown us high levels of resilience over the years.

Also, its early investors are still pondering whether Solana will challenge Ethereum in its decentralized applications dominance.

Uniswap Token | UNI

  • Sentiment: Bullish;
  • F & G Index: 54.72 (greed);
  • Market Cap: $9,982,250,303.86;
  • 24H Volume of Trade: $1,035,576,175.24;
  • UNI Price as of Today: $16.67;
  • Price Prediction: $35.18 (111.02%);
  • ROI: 2.55x;

If youre a trader who caught the 2021 bull market, you have heard about Uniswap, the biggest decentralized cryptocurrency exchange in the DeFi summer of 2020. Moreover, traders started to buy new cryptocurrencies launched on the Ethereum network from Uniswap, whereby everyone could create a liquidity pool for their token.

Concepts like Yield farming, Liquidity pool, and DeFi appeared due to Uniswap and its simple yet efficient model. Soon enough, Uniswap decided to launch its governance token the UNI token.

Built originally on the Ethereum blockchain and listed on all of the major cryptocurrency exchanges, UNI could be the best crypto to invest in 2024.

Binance Coin | BNB

  • Sentiment: Bullish;
  • F & G Index: 68.21 (greed);
  • Market Cap: $64,110,029,899.57;
  • 24H Volume of Trade: $3,236,077,146.90;
  • BNB Price as of Today: $428.71;
  • Price Prediction: $915.26 (113.49%);
  • ROI: 1.48x;

Binance Coin is the token that powers the Binance smart chain, one of the most used blockchain platforms in the world. BNB started with an ICO in 2017 and became the worldwide leader of cryptocurrency exchanges.

With low transaction fees, many fiat currencies are accepted, more than 300 crypto assets are available, and over 10 million crypto investors are interested in Binance, which is probably the exchange fuelling the crypto ecosystem. Also, Binance Coin (BNB) has a lot of use cases, but most importantly, its the cryptocurrency used to make transfers on the Binance smart chain.

There are many other ways to make money with BNB, and thats why its one of the best crypto to buy whether its a bear or bull market  you can still make money with BNB and invest in new crypto projects.

As a side note, in 2023, Binance concluded its 25th Quarterly BNB burn, eliminating over 2.5 million BNB from circulation. At this rate, BNB would reach under 100 million coins in under six years increasing its scarcity and potential value over time.

Polygon | MATIC

  • Sentiment: Bullish;
  • F & G Index: 32.56 (fear);
  • Market Cap: $11,165,574,074.83;
  • 24H Trading Volume: $933,121,604.25;
  • MATIC Price as of Today: $1.13;
  • Price Prediction: $2.47 (119.40%);
  • ROI: 0.98x;

Polygon is a Layer-2 solution developed for the Ethereum blockchain that offers cheaper transaction fees. Also, Polygon underwent a significant upgrade that transformed its MATIC crypto token into a new $POL token that offers staking crypto rewards and has a 1:1 transferable ratio.

Additionally, Polygon suffered over the past two years due to high competition. Yet, its dedication to improving its blockchain technology, transforming its network showcase, and low-cost structure may propel it on a steady growth trajectory.

  • Sentiment: Bearish;
  • F & G Index: 32.44 (fear);
  • Market Cap: $11,725,257,992.37;
  • 24H Volume of Trade: $671,761,347.27;
  • LINK Price as of Today: $19.97;
  • Price Prediction: $42.34 (112.00%);
  • ROI: 2.89x;

Any crypto investor could confirm that Chainlink is the gatekeeper of various blockchain networks, enhancing security and catering to the decentralization of smart contracts. As such, it provides reliable and tamper-proof data feeds and end-to-end decentralization, enabling Ethereum blockchain and others to collect real-world data, like stock prices, sports scores, and others.

LINK, its native token, has been in the top 5 DeFi tokens in 2023, showcasing a major growth of 168% for the full year, and as we know, its the backbone of many Web3 dApps. As a result, we believe that the demand for LINKs will grow exponentially this year and beyond.

Avalanche | AVAX

  • Sentiment: Bullish;
  • F & G Index: 79.74 (extreme greed);
  • Market Cap: $16,199,110,256.19;
  • 24H Volume of Trade: $808,781,395.01;
  • AVAX Price as of Today: $42.94;
  • Price Prediction: $91.77 (116.29%);
  • ROI: 2.57x;

Avalanche was born in 2020 with the sole mission of solving some Ethereum blockchain downfalls, such as more scalability for dApps, interoperability, and low latency, and having strong fundamentals for the GameFi landscape and executing smart contracts.

At this moment, in March 2024, Avalanche is amongst the top 20 crypto projects by market cap and has doubled its value compared to six months ago, and since then, it has shown resilience to market movements.

Due to the GameFi industrys potential growth to $90.51B by 2031, AVAXs innovative infrastructure, and low transaction fees, it grew its appeal to crypto investors and developers looking to break into the GameFi market and dApps ecosystem.

Cardano | ADA

  • Sentiment: Bullish;
  • F & G Index: 33.28 (fear);
  • Market Cap: $26,068,185,815.39;
  • 24H Volume of Trade: $1,022,467,162.25;
  • ADA Price as of Today: $0.73;
  • Price Prediction: $1.60 (117.43%);
  • ROI: 2.17x;

Released in 2017, Cardano is a layer-1 blockchain that supports smart contracts and works under a Proof-of-Stake consensus mechanism, meaning that developers can deploy dApps on Cardanos infrastructure.

Moreover, Cardanos popularity is highly related to its founder, Charles Hoskinson, a well-known figure within the crypto landscape since he was one of Ethereums developers.

ADA, the native coin at this moment, is in the top 10 cryptos by market value and, over the years, was seen as a good contender for crypto worth buying in 2024, primarily when the coin can be traded for other digital assets or can be staked in return for yield.Medium Risk Medium Reward Crypto Assets To Buy

Dogecoin | DOGE

  • Sentiment: Bullish;
  • F & G Index: 57.14 (greed);
  • Market Cap: $21,795,745,775.50;
  • 24H Trading Volume: $3,610,161,415.06;
  • DOGE Price as of Today: $0.15;
  • Price Prediction: $0.33 (118.26%);
  • ROI: 2.11x;

Dogecoin is the father and the original meme coin that took the crypto space by surprise. Created to humor the crypto space and its never-ending emergence of new tokens, Dogecoin gathered a dedicated community that supported the crypto project beyond its initial concept.

DOGE, its native cryptocurrency, can be acquired through some of the major crypto exchanges, such as Binance, Kraken, Coinbase, and others.

Moreover, in the past, Dogecoin witnessed rapid growth in 2021 during the bull cycle and was heavily endorsed by multiple celebrities, including Elon Musk. Even retail investors like Tesla started accepting DOGE as a payment method, thus increasing its adoption further.

Tron | TRX

  • Sentiment: Bullish;
  • F & G Index: 64.74 (greed);
  • Market Cap: $12,104,978,308.80;
  • 24H Volume of Trade: $425,656,259.89;
  • TRX Price as of Today: $0.14;
  • Price Prediction: $0.30 (119.26%);
  • ROI: 2.04x;

Developed in 2017, the Tron peer-to-peer blockchain network and its native crypto, TRX, aimed to eliminate middlemen and democratize media consumption directly to buyers. As years passed, Tron slowly but steadily became an Ethereum competitor, taking more and more roles in the DeFi and dApp development, yet its market cap compared to the Ethereum blockchain remains at 1/30th.

Moreover, in 2023, Tron surpassed the Smart Chain BNB, handling 10% of the market share, surging by 74,8% in TLV. And speaking of total value locked, in 2024, TRON reached new heights, reaching over $21.7 billion, thus becoming the 2nd largest blockchain network in terms of TLV.

As a result, the TRON network evolved into a decentralized autonomous organization (DAO) governed by the community.

Litecoin | LTC

  • Sentiment: Neutral;
  • F & G Index: 41.85 (fear);
  • Market Cap: $6,356,821,352.45;
  • 24H Volume of Trade: $620,549,754.73;
  • LTC Price as of Today: $85.58;
  • Price Prediction: $181.86 (112.52%);
  • ROI: 0.95x;

Litecoin, Bitcoins smaller brother, was created as a fork from the Bitcoin blockchain in 2011. Since then, its been one of the most known coins.

Among the most traded digital assets based on the trading volume, Litecoin adoption has increased over the years and has become a reliable payment method in the crypto world.

Even if the developments on Litecoin are not what they used to be in the past, Litecoin can still be trusted more than a hot new meme coin and is now used primarily as payment among its enthusiasts.

Cosmos Hub | ATOM

  • Sentiment: Bullish;
  • F & G Index: 34.78 (fear);
  • Market Cap: $5,377,360,671.13;
  • 24H Volume of Trade: $620,415,735.19;
  • ATOM Price as of Today: $13.81;
  • Price Prediction: $30.23 (118.87%);
  • ROI: 1.18x;

Cosmos, the internet of blockchains, is the first crypto selected based on the medium risk. Cosmos was created in 2016 by Ethan Buchman, and its native token, ATOM, is used to pay network fees and develop interoperable blockchains.

Besides that, validators that choose to stake ATOM will receive around 9.22% per year in token rewards, and investors compound rewards to maximize the passive rewards.

ATOM token holders had good results in the past, as many cryptocurrencies launched on Cosmoss Tendermint offered airdrops for ATOM stakers. So, besides the APR that ATOM offers, there are also airdrop rewards. OSMO was their best airdrop, with over 50M OSMO airdropped (worth over USD 500 million at its top value).

Even if ATOM doesnt have a maximum supply, its an excellent cryptocurrency in your portfolio, as you may get more quality airdrops in the future.

Cronos | CRO

  • Sentiment: Bullish;
  • F & G Index: 60.32 (greed);
  • Market Value of Equity: $4,050,763,821.39;
  • 24H Volume of Trade: $47,529,750.30;
  • CRO Price as of Today: $0.15;
  • Price Prediction: $0.33 (116.91%);
  • ROI: 2.14x;

Cronos, originally Crypto.coms second native token, is another great cryptocurrency to invest in 2024. Its Binance Coins main competitor in the US, Canadian, and European markets.

But CRO has many benefits besides to offer, such as:

  • You can get lower transaction fees on the Crypto.com exchange.
  • Use it on Cronos DeFi platforms and earn a yield on it.
  • Use it to purchase stuff on Crypto.com Pay.
  • Pay for Diamonds in Loaded Lions  Crypto.coms browser game where competitive mode offers a 100,000 USD starting prize pool.

Cronos previously had a top value of 0.90 USD in 2021, and we believe that with the right partnerships and catalysts, early investors can profit by investing in it. Hitting $0.90 again is less likely but not impossible. Additionally, CRO can be staked so that you can earn passive income from it.

High Risk High Reward Crypto Assets To Buy

Toncoin | TON

  • Market Cap: $9,361,119,595.66;
  • 24H Volume of Trade: $113,435,445.73;
  • TON Price as of Today: $2.70;
  • Price Prediction: $5.69 (88.24%);
  • ROI: 1.12x;

Launched in 2018, the crypto asset was developed by Telegrams founder, Pavel Durov, and was intended to offer a fast and scalable environment for dApps and smart contracts.

As a result, the Toncoin blockchain supports shards and can support millions of transactions per second while providing interoperability on the main chain.

Moreover, TON enables transactions and services in its network yet requires a considerable amount to run a validator or service node. On the other side, users may stake TON for rewards.

As of March 2024, Toncoin is in 17th place by market cap.

Aptos | APT

  • Sentiment: Bullish;
  • Market Cap: $5,024,792,961.52;
  • 24H Volume of Trade: $399,617,292.07;
  • APT Price as of Today: $13.63;
  • Price Prediction: $18.60 (34.14%);
  • ROI: 1.22x;

Theoretically, Aptos blockchain claims they can support 160,000 transactions per second. It was created using Move custom programming language, initially created for Diem Blockchain.

APT launched at $3 on Binance and increased in a few weeks to $18. However, the APT started to lose its value right after, sitting at around $5 at the time of writing. We believe Aptos can reach $18 again when the bull market starts. However, the long-term price prediction we see is $30+.

Optimism | OP

  • Sentiment: Bullish;
  • F & G Index: 35.32 (fear);
  • Market Cap: $4,566,421,355.43;
  • 24H Volume of Trade: $510,433,440.31;
  • OP Price as of Today: $4.54;
  • Price Prediction: $9.55 (110.43%);
  • ROI: 1.88x;

Optimism is a swift, reliable, and expandable Layer 2 solution crafted by Ethereum developers for users & developers. Its architecture mirrors the Ethereum Virtual Machine (EVM), ensuring seamless scalability for your Ethereum applications.

Whats interesting about Optimism is that it offered a massive airdrop when it launched, attracting many users. So many users participated in the Optimism ecosystem using their DeFi platforms. And there are more exciting things about Optimism. Optimism has such a good blockchain that it made an enterprise solution that Binance and Coinbase use.

PancakeSwap | CAKE

  • Sentiment: Neutral;
  • F & G Index: 42.01 (fear);
  • Market Cap: $816,140,328.40;
  • 24H Volume of Trade: $146,849,272.80;
  • CAKE Price as of Today: $3.38;
  • Price Prediction: $7.37 (118.49%);
  • ROI: 0.87x;

PancakeSwap uses an AMM model that eliminates the need for traditional order books, allowing users to trade directly from their crypto wallets. Also, CAKE users can participate in liquidity pools to earn various rewards while staking and doing so through various yield farming opportunities.

Crypto experts consider CAKE the next big thing in the upcoming bull run, especially since it partnered strategically with Binance Smart Chain to offer lower fees and faster transactions.

Kaspa | KAS

  • Sentiment: Neutral;
  • F & G Index: 31.53 (fear);
  • Market Cap: $3,542,007,778.21;
  • 24H Volume of Trade: $98,279,555.48;
  • KAS Price as of Today: $0.15;
  • Price Prediction: $0.33 (111.25%);
  • ROI: 11.86x;

Kaspa is the worlds quickest open-source Layer-1, offering decentralized and entirely scalable solutions.

The worlds premier blockDAG is a digital ledger that supports simultaneous blocks and offers immediate transaction validation. Its constructed on a solid proof-of-work foundation with fast one-second block intervals.

That might be hard for a nontech person to understand, so let us help. Kaspa was launched on November 7, 2021. There werent any pre-mined tokens sold to investors or anything similar. Since its launch, Kaspa has gathered much attention from the crypto space.

It got so much attention that its current market cap is under 1 Billion. However, crypto speculators are comparing Kaspa with Solana (which reached a 70B market cap). That doesnt mean it will reach that value however, its one of the best crypto to buy now even with the massive market cap.

Since October 2022, Kaspa has increased by 2000% and had no massive dump leading to it going -90%. In fact, after the decrease from $0.036 to $0.013 KAS quickly bounced back and reached $0.04.

We believe theres still room to grow for KAS, as it still needs to be listed on Binance or Coinbase, but its listed on Kucoin and a few other similar cryptocurrency exchanges.

How We Analyzed the Best Crypto to Invest In 2024

Whether you pick a crypto to invest in or you earn crypto rewards, selecting the best ones is tricky, especially if youre a beginner. But were here to make it all easier by showing you a few cryptocurrencies with a real upside potential based on various factors.

As its not our first lousy market, weve repeatedly seen a few similar patterns, and before, well mention some of the things we take into consideration when analyzing a cryptocurrency:

The State of The Crypto Market in 2023 vs 2024

As discussed, the crypto market is on the verge of a new bull run after almost three eventful years. In contrast, the crypto markets were shocked to the core through multiple lawsuits, new crypto project regulations, banking crises, etc.

However, 2023 was the year of slow recovery for many crypto projects, and as a result, we must patiently wait to discover what the new year has prepared for us.

Blockchain Technology Security and Transparency

As mentioned and already known, we all endorsed blockchain technology, yet not all blockchain networks are safe, reliable, and burst with many beneficial features, such as interoperability.

Moreover, security and transparency can make or break your gains, either by poor governance or lacking transparency and being a haven for scammers. So, doing your due diligence to do your research before investing could be the one thing that could help you ensure a smooth crypto investing journey.

Utility and Adoption

These are probably the two most essential things for all digital assets. A good crypto should have a wide adoption and a use case for the market. Otherwise, its price may increase drastically and break your profits.

Market Cap

A promising cryptocurrency must have a decent market cap that is not too high so it would be possible to increase in the future. Also, there can be exceptions to the rule, but it is equally important to look for other metrics and considerations before investing.

The Development Team

Considered one of the most critical factors, the development team plays a vital role in the crypto project lifespan. A good team wont give up after their first rodeo and knows how to manage their cryptocurrency properly.

Crypto Community

Token holders always make a difference in the cryptocurrency they invest in. The higher the cryptocurrency will go up, the higher their rewards. The monetary benefit will always be a massive factor for holders, who will shill the crypto to their friends & online.

FAQ on The Best Cryptocurrency to Buy in 2024

What Crypto Will Do a 1000X in the Next Bull Market?

Finding a 1000x cryptocurrency is hard because you have to be very early. You must be friends with the founder or have massive connections to get something like that. Most traders find out about a cryptocurrency after it did a 10 or 20x.

Which Cryptocurrency Is Best to Invest in Now?

You can pick the low-risk, medium-risk, or high-risk crypto mentioned in this article according to your risk appetite. We cannot recommend you the best, as the future might surprise us, and you must do your crypto assets research before investing, not relying wholly on others opinions.

Which Crypto Coin Will Rise in 2024?

We are still determining what crypto will rise in 2024, but all of our mentioned coins have the potential to grow in price in a decent bull market. Most are quality cryptocurrencies with an experienced team that can bring them to the next level.

Will Bitcoin Reach $100,000 in 2024?

We cannot predict if Bitcoin will reach $100,000 in 2024, but historically, Bitcoin has increased in price in the halving years. Given that Bitcoin will have its halving this year, lets see what the future unfolds.

Whens the Next Bull Market Coming?

It is known the bull market needs some sort of a catalyst such as a Bitcoin ETF getting approved, yet this is around the corner with Bitcoin halving. Many industry experts believe we could expect the bull run to start after the halving, which could peak in late 2025.

However, there are no guarantees about future price movements.

Final Thoughts

As mentioned, please note that this article is not financial advice, and you should research before investing in cryptocurrency or speaking with a CPA.

Regardless of your investment strategy, the golden rule is this: dont put all your eggs in one basket. As a result, investing in low, medium, and high risk and rewards requires a mix of cautious research, looking at market sentiment and movements, and taking everything with a grain of salt without investing big in only one crypto.

The post 15+ Best Crypto to Invest in 2024 appeared first on Coindoo.

Read more: https://coindoo.com/best-crypto-to-invest-in/

Text source: Coindoo

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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