Whether you’re new to crypto investing or a seasoned investor with enough experience, a constant thing about the crypto market is the unending number of top cryptos to buy or invest in. With over 23,000 crypto assets on the market, it can be overwhelming to find the right project to back or the best cryptos to buy. It’s advisable to always do your own research but to take the stress off you, we’ve thoroughly researched the top cryptos to buy in 2024, and we reveal them in this guide.
Best Crypto to Buy 2024 – List
Below, we reveal our well-researched list of the best cryptos to buy in 2024.
- Bitcoin Minetrix ($BTCMTX) – Crypto With Innovative Stake-to-Mine Model In 2023
- Meme Kombat ($MK) – Crypto With Top Gaming Experience For 2023.
- Sponge Token V2 ($SPONGEV2) – The Successor Of The “Krabby Patty” of Meme Coins
- Wall Street Memes ($WSM)– Meme Project That Has Been Noticed By Elon Musk
- Launchpad xyz (LPX) – A Promising Web3 Platform With Connecting Users, Investors, and Brands in the Web3 Space
- Love Hate Inu (LHINU) – Latest Meme Project With a Just-Concluded Successful Presale and a Unique Vote-To-Earn Feature
- Spongebob token ($SPONGE) – New Meme Cryptocurrency Token Known as the “Krabby Patty of Meme Coins” Currently Listed on Uniswap DEX
- Wrapped Bitcoin (WBTC) – New Crypto Project Connecting The Ethereum and Bitcoin Blockchains
- Ripple (XRP) – Cross-Border Payments Platform for Fast Payment Settlements Across Financial Institutions and Corporations
- Ethereum (ETH) – The World’s Second-Largest Cryptocurrency With Solid Track Records in Web3 Development and Decentralized Apps (D’Apps)
Best Crypto To Buy Right Now – A Closer Look
2022 was a challenging year for crypto traders and investors. With arguably the longest bear market ever, many people asked questions like, “Will Bitcoin rise again?“, “Will there be another bull run?” etc.
Interestingly, 2024 has come with many positives, with popular cryptocurrencies like Bitcoin and Ethereum showing great signs of an upcoming bull market.
At the same time, some new DeFi projects have had successful presales, while others have ongoing presales with massive successes in the past few months. Based on our research, we found some of the best projects to invest in. Now, let’s go into the details and features of our best cryptos to buy and help you determine your personal best crypto to buy now.
1. Bitcoin Minetrix ($BTCMTX) – Crypto With Innovative Stake-to-Mine Model In 2023
Bitcoin Minetrix emerges as a groundbreaking crypto venture set to transform traditional Bitcoin mining through its innovative stake-to-mine model. The creators aim to provide users with a user-friendly, cost-efficient, and eco-friendly alternative to conventional mining methods.
In a departure from the norm, Bitcoin Minetrix introduces a unique concept where investors can stake tokens to earn cloud mining credits. The process involves purchasing BTCMTX tokens and staking them, enabling users to boost their Bitcoin mining power.
Tokenomics-wise, Bitcoin Minetrix allocates 42.5% of its tokens (1,700,000,000) to fuel cloud mining operations. Another 35% (1,400,000,000) is designated for marketing and token promotion, while 15% (600,000,000) serves as community rewards. The remaining 7.5% (300,000,000) is earmarked for BTCMTX staking rewards until the mining project reaches full development.
Bitcoin Minetrix operates on a four-phase roadmap, starting with one of the best crypto presale stages where investors can acquire BTCMTX tokens. Subsequent phases involve intensified marketing efforts, platform development, and the final distribution of tokens and rewards. This approach incentivizes active participation and community engagement.
Your capital is at risk.
2. Meme Kombat ($MK) – Crypto With Top Gaming Experience For 2023.
True to its name, Meme Kombat merges memes and competitive online gaming, offering users an exhilarating gaming experience. By enabling players to engage in battles featuring their favorite memes, Meme Kombat introduces an innovative way for meme enthusiasts to interact and have fun.
Undoubtedly one of the top meme coins, Meme Kombat strategically taps into the popularity of memes and the gaming interests of its user base. To garner the necessary funds and community support for its unique gaming concept, Meme Kombat initiates a token presale.
The presale allocation constitutes 50% of this supply (6 million $MK tokens), with an additional 3.6 million $MK tokens dedicated to rewards on the platform. The decentralized exchange (DEX) receives 1.2 million $MK tokens, while community rewards get another 1.2 million $MK tokens.
The roadmap outlines a launch in September 2023, with 50% of $MK tokens available for sale. The official platform launch, scheduled between October and November 2023, grants token holders access to meme battles, staking, and other platform features. Meme Kombat commits to regular platform upgrades and active community engagement, ensuring the thriving participation of token holders.
Your capital is at risk.
3. Sponge Token V2 ($SPONGEV2) – The Successor Of The “Krabby Patty” of Meme Coins
Sponge V2, the successor to the wildly successful Sponge V1, is poised to redefine the crypto space. After an impressive 100x surge since its 2023 launch, Sponge V2 has the crypto community buzzing with anticipation for its innovative features.
Breaking from the traditional presale model, Sponge V2 adopts a “stake-to-bridge” approach, allowing early investors to stake and bridge V1 tokens to acquire V2 tokens. This unique strategy aligns with Sponge V2’s commitment to fairness and inclusivity, providing accessibility to early supporters.
The roadmap outlines plans for listings on premier exchanges like Binance and OKX, expanding its audience and market presence. Additionally, Sponge V2 diversifies its offerings with a play-to-earn racing game slated for a 2024 release.
Tokenomics-wise, Sponge V2 allocates 26.93% of its total supply of 150 billion tokens to early investors, showcasing appreciation for their support. The remaining tokens are strategically distributed for staking income, CEX liquidity, and play-to-earn rewards, fostering active community participation.
Sponge V2 stands out by being transaction-tax-free, offering flexibility to traders and investors. With some of the highest staking rewards available, Sponge V2 is an attractive option for those seeking passive income. Its inclusive staking requirements, starting at 100 V1 tokens, ensure accessibility for a broad range of investors.
Your capital is at risk.
4. Wall Street Memes ($WSM)- Meme Project That Has Been Noticed By Elon Musk
Wall Street Memes is a new crypto project that has attracted the attention of tech giant Elon Musk. As a result, many have positioned the $WSM to be the next meme token to explode in 2023.
The project aims to capitalize on the growing trend of meme-based cryptocurrencies, leveraging humor and online communities to drive interest and value. The association with Wall Street Memes social media page, which boasts a substantial following of investors looking to laugh at the challenges of financial markets, has only served to strengthen the project’s credibility.
Incorporating Elon Musk’s influence and support, Wall Street Memes has gained significant visibility in the crypto space, attracting attention from both seasoned and novice investors. Elon Musk’s reputation as a key figure in the industry, coupled with his ability to influence market sentiment through his social media presence, has sparked renewed excitement and interest in the potential of $WSM.
As investors anticipate the explosive growth of meme tokens in 2023, Wall Street Memes has positioned itself at the forefront of this emerging market, offering an opportunity to participate in the meme token revolution. With the backing of Elon Musk and the humorous appeal of its concept, $WSM holds promise as an investment option for those seeking to capitalize on the meme token phenomenon.
If you want to buy Wall Street Meme tokens, simply connect your wallet to the ongoing WSM presale and swap ETH or USDT for Wall Street Memes tokens.
Your capital is at risk.
5. Launchpad xyz (LPX) – A Promising Web3 Platform With Connecting Users, Investors, and Brands in the Web3 Space
Launchpad is a new blockchain platform to transform and encourage Web3 innovation and investing. The Web3 crypto platform was established in early 2023 to help investors make informed decisions when buying Web3 crypto
If you’re a crypto beginner, you can leverage the Launchpad ecosystem to learn about crypto investing. At the same time, experienced investors can access different tools focusing on analysis, market data, sentiments, and other insights. Launchpad states in its whitepaper that it wants to onboard 10 million Web3 users when it fully launches, which is why it makes our list of the top cryptos to buy in 2024.
Like other new crypto projects, the LPX token presale is ongoing. Interested investors can buy LPX tokens using ETH or USDT on the Launchpad presale website. Interestingly, there is no minimum investment requirement, so you don’t have to break the bank if you want to know how to buy Launchpad xyz (LPX) now and add it to your portfolio.
Your capital is at risk.
6. Love Hate Inu (LHINU) – Latest Meme Project With a Just-Concluded Successful Presale and a Unique Vote-To-Earn Feature
Love Hate Inu is a vote-to-earn crypto platform that just sold out during a massively successful presale. The project raised over $10 million within 8 weeks, creating a lot of hype amongst investors. The idea behind Love Hate Inu is to
On the platform, users can stake and vote on various polls for rewards in the form of $LHINU, the platform’s utility token. Users can also stake their tokens for passive income, making the platform a high-rewarding one with many possibilities.
Overall, Love Hate Inu is revolutionizing how online surveys work and is the first blockchain-based voting platform using distributed ledger technology to keep unchangeable records. As part of its project roadmap, Love Hate Inu is expanding its platform. The token is now live on the OKX exchange, where investors can buy for $0.19 at press time.
Your capital is at risk.
7. Spongebob token ($SPONGE) – New Meme Cryptocurrency Token Known as the “Krabby Patty of Meme Coins” Currently Listed on Uniswap DEX
Described as the “Krabby Patty of Meme Coins”, the Spongebob project is named after the famous cartoon character Spongebob Squarepants. The token is one of the hottest meme tokens on the market right now. The token powers the Spongebob ecosystem, and it operates on the Ethereum network.
At a time when meme coins like Pepe are making waves in the market, Spongebob hopes to ride on the popularity and the massive acceptance of the kids’ show it’s named after. SPONGE was listed on Uniswap in May, and the token gained 500% within 24 hours. The token has also been categorized as one of the trending projects on Coinmarketcap and DEXTools.
Moreover, Spongebob announced a new listing on Gate.io, apart from its listings on Uniswap, MEXC, Bitget, LBank, and Poloniex. So the project has been successful so far.
Battle Infinity also recently announced a strategic partnership with the Spongebob project. If Battle Infinity’s success is anything to go by, then SPONGE is on its way to becoming the best cryptocurrency to buy in 2024. So, investors can take advantage of its current low price of $0.00046 before it explodes.
Your capital is at risk.
8. Wrapped Bitcoin (WBTC) – New Crypto Project Connecting The Ethereum and Bitcoin Blockchains
Bitcoin and Ethereum are the two largest cryptocurrencies, and Wrapped Bitcoin is the intersection between them. Wrapped Bitcoin is an ERC-20 token built on the Ethereum network. Since the Bitcoin network cannot run smart contracts, Wrapped Bitcoin offers decentralized finance (DeFi) opportunities to users. Like the USDT is pegged to a dollar, Wrapped BTC has its value pegged to BTC in a 1:1 ratio. That means 1 WBTC = 1 BTC.
WBTC can be used for DeFi lending, borrowing, token-swapping, staking, yield farming, etc. With WBTC, Ethereum protocols have more liquidity because of their higher value, which offers the coin real utility via smart contracts and other DeFi possibilities. WBTC is valued at $28,346 – the same price as Bitcoin at press time. But its attachment to Bitcoin makes it even more promising.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
9. Ripple (XRP) – Cross-Border Payments Platform for Fast Payment Settlements Across Financial Institutions and Corporations
If you’re interested in investing in an established project with a successful track record in the blockchain industry, Ripple may be the best crypto to buy now. Like Bitcoin and Ethereum, Ripple boasts over a decade of experience, and the blockchain facilitates global payments across various banks and financial institutions worldwide.
Ripple transactions are some of the fastest, with processing times between 4 to 5 seconds, which is why it’s a massive alternative to traditional cross-border payment platforms like SWIFT.
Like other crypto projects, Ripple is powered by its proprietary token called XRP. When transactions occur on the Ripple network, its XRP token provides liquidity. Therefore, with its real-world utility, XRP can be a worthy investment. The token is currently valued at $0.468, and with an all-time high of $3.80, the current price is a bargain.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
10. Ethereum (ETH) – The World’s Second-Largest Cryptocurrency With Solid Track Records in Web3 Development and Decentralized Apps (D’Apps)
Last on our list of the top cryptos to buy in 2024 is Ethereum. But certainly not because it is the least worthy investment opportunity.
Ethereum is the world’s second-largest crypto by market cap, and the Ethereum network is famous for its numerous features, including support for DApps, developers, and multiple layer-2 solutions. For instance, virtually all the other top cryptos to buy in this guide are built on the Ethereum network. Moreover, the recent developments in the Ethereum ecosystem, including the Merge and Shapella upgrades, make the network more scalable.
ETH has been doing well in 2024, reaching new weekly and monthly highs. 1 ETH is currently valued at $1,827. But analysts predict the coin can still reclaim its 2021 all-time high of over $4,800.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
How To Buy The Best Cryptos – eToro Tutorial
The eToro app review shows that the app is the best place to buy crypto in 2024, thanks to its simple trading platform and lowest fees. Follow the steps below to find the best cryptos to buy on eToro.
Head to the eToro website and click “Start Investing” on the home screen. Enter your email, username, and password in the boxes provided. Agree to the terms and conditions and click “Create Account.”
eToro has mandatory KYC, so you must verify your account by submitting the necessary ID documents. The verification process takes only a few minutes to complete.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
Where To Buy Cryptos – Best Crypto Apps 2024
Bitstamp
Established in 2011, Bitstamp is one of the oldest crypto exchanges with a record of high-volume transactions and low fees. With over a decade of existence, the exchange is suitable for both new and experienced users to invest in the best cryptos to buy in 2024.
With a simple trading interface for easy navigation, Bitstamp makes it easy for anyone to buy, sell, and exchange 80 cryptocurrencies, including Bitcoin and Ethereum. You can also participate in Bitstamp Earn and stake your coins for up to 4.5% APY monthly. On top of that, the crypto trading platform charges low fees, between 0% and 0.40% for trades.
Your capital is at risk.
eToro
Whether you are a beginner or an experienced crypto investor, eToro is the best place to look when considering investing in the best crypto to buy now. With a minimum investment of just $10, you can invest in 80 different high-market cap assets on eToro.
Regarding fees, eToro boasts one of the lowest fees on the market. The exchange charges a flat 1% on crypto transactions. You can also earn passive income by staking your assets for up to 75% APY as a regular user or 90% APY as a VIP member. The platform is also reputable for its strong commitment to regulations and security.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
The table below gives a comparison between the above platforms.
| Feature | Bitstamp | eToro |
|---|---|---|
| Year Established | 2011 | 2007 |
| User Experience | Simple trading interface, suitable for all | Beginner-friendly, suitable for all levels |
| Cryptocurrencies | 80 cryptocurrencies, including Bitcoin, Ethereum | 80 different high-market cap assets |
| Special Features | Bitstamp Earn for staking with up to 4.5% APY | Staking for up to 75% APY (90% for VIPs) |
| Fees | Low fees ranging from 0% to 0.40% | Flat 1% fee on crypto transactions |
What Are The Best Cryptos To Buy Right Now?
As highlighted in this guide, the top cryptos to buy right now are AiDoge, Copium, Ecoterra, Launchpad XYZ, DeeLance, RobotEra, Love Hate Inu, Spongebob Token, Wrapped Bitcoin, Ripple, and Ethereum.
All the assets have shown tremendous promises during and after the presale. Established coins like Wrapped Bitcoin, Ripple, and Ethereum have solid track records and impressive price histories.
The best DeFi coins to buy largely depend on market direction and sentiment. Meme tokens such as $Ai and $COPIUM tend to do well at different times than tokens such as ETH and XRP. Therefore, it is wise to diversify your portfolio with tokens that have varying use cases so that you can hedge against volatility.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
How To Spot The Best Cryptos To Buy in 2024
Spotting the best crypto to buy now can be challenging, especially for beginners. But with our top tips below, you can find the best cryptos to buy with potential.
| Criteria | Description |
|---|---|
| Token Use Cases | Evaluate the cryptocurrency’s real-world utility and use cases to distinguish it from other projects. Consider if it addresses tangible problems or needs. |
| Crypto Project Fundamentals | Understand the project’s goals, challenges it aims to solve, and its roadmap. Ensure alignment with your investment strategy and assess its potential longevity. |
| Project Team | Look for transparency in the project team. Legitimate projects often reveal their developers’ credentials. Verify the team’s track record to avoid potential risks. |
| Community and Social Media Hype | Explore social media and crypto communities for noise around exciting projects. Be cautious of scams and conduct thorough due diligence before investing. |
| Market Sentiment | Monitor the sentiment of the average buyer toward a coin or project. Consider market conditions and avoid investing during unfavorable circumstances. |
| Technical Analysis | Utilize technical analysis data which includes chart patterns overview, for an objective assessment. Analyze price actions and make informed decisions based on data rather than relying solely on speculation. |
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
What Is The Best Crypto To Buy for Long-term Investing?
If you’re considering long-term crypto investments, you want to stick with the cryptos with a long track record in the market. Bitcoin remains the best crypto to buy for long-term investing. It has been around for over a decade, its past performance has been impressive, and it has the largest market cap.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
Where To Find New Cryptos
The best and most reliable place to get new crypto coins is on their presale websites or ICO platforms. Alternatively, popular exchanges like eToro and Binance have a new cryptocurrency list that they update from time to time.
It is also a good idea to keep up to date with crypto news platforms as these sites often release information about new projects. Crypto News is an excellent example of a website that releases information about the market every day.
Best Crypto To Buy Now 2024 – Conclusion
In this article, we’ve thoroughly explored the top cryptos to buy in 2024 for both newbies and even crypto whales who are looking for new waters to swim in. AiDoge remains the overall best crypto to buy now. The project has shown massive potential during its ongoing presale, where it has raised over $10 million. Its real-life utility and exciting roadmap also indicate that the AI-driven meme-generation platform will explode soon.
Cryptoassets are highly volatile and unregulated in the US and UK. No consumer protection. Tax on profits may apply.
References
https://www.forbes.com/sites/digital-assets/2023/12/20/the-6-chains-hunting-ethereum/
https://www.bbc.com/news/technology-62891715
https://www.forbes.com/advisor/investing/cryptocurrency/what-is-ethereum-ether/
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Maryam Jìnádù
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