Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and…
Alan is the Editor-in-Chief of Techopedia and is responsible for ensuring all the content is accurate, up to date, and relevant. Alan has previously worked…
With the cryptocurrency market booming, finding the best crypto to buy now can be overwhelming, to say the least. With so many coins to choose from, it’s difficult to determine which ones are worth investing in.
However, we’ve got you covered. Our team of crypto enthusiasts did extensive research and handpicked some of the best cryptocurrency on the market today, from well-known tokens to newer, high-potential options.
This guide will also discuss our methodology for choosing these coins, the advantages and risks of investing in crypto, and how you can get your hands on them.
If you’re wondering what crypto to buy now, here’s a short list of top contenders:
Although the crypto space has shown strong signs of a rebound in 2024, it’s important to be cautious when investing in digital assets, conduct research and only invest what you can afford to lose. Even the biggest and most popular cryptos, such as Bitcoin, can suffer losses.
Based on our market research, we found that the following projects could be the best crypto to invest in 2024 based on factors including growth potential, utility, and future performance.
Green Bitcoin ($GBTC) is an innovative crypto operating on Ethereum. It uniquely integrates Bitcoin’s legacy with Ethereum’s energy-efficient Proof of Stake mechanism.
This approach makes it about 10,000 times more environmentally sustainable than traditional Bitcoin mining.
Green Bitcoin’s presale is offering tokens at $0.5362 each. The price will increase to $0.6 upon listing.
There’s also 311% staking APY during the presale, providing a lucrative opportunity for early adopters.
A ‘Gamified Green Staking’ system lets token holders earn rewards by staking their $GBTC tokens and participating in daily Bitcoin price prediction games. Successful predictions earn a share of the daily staking reward pool.
Green Bitcoin actively engages its community via its Telegram channel.
Tokens available in presale
USDT, ETH, Card
Visit Green Bitcoin
Smog ($SMOG) is a multi-chain meme coin aiming to make the greatest airdrop on Solana and outperform similar meme coins in the ecosystem, like Bonk, Myro, Dogwifhat, and others.
To participate in the airdrop of 490 million tokens, you need to hold $SMOG tokens in your wallet and complete Zealy quests to earn airdrop points. When the time comes, you’ll get a piece of the airdrop directly into your wallet.
To buy the token, get a Solana-based wallet like Phantom, Solflare, or Backpack and visit the most reputable aggregator on Solana, Jupiter. Connect your wallet and use SOL, USDT, or USDC to make the purchase. You can also use Bonk or other Solana-based coins.
Alternatively, connect your Ethereum wallet, like MetaMask, to the Smog website and use ETH or USDT to complete the purchase. Stake your tokens for a 42% APY.
Half of the total token supply will be used for marketing. Given that this is a meme coin, marketing is probably the major aspect that can help the token price reach Bonk levels and potentially surpass it.
Read the Smog whitepaper to learn more about the project. To get the latest information, follow Smog on X and join the Smog Telegram channel.
Created in 2009, Bitcoin is the original cryptocurrency. It has become a household name and has attained widespread mainstream adoption. Bitcoin has also managed to sustain its top rank as the cryptocurrency with the largest market cap.
Back in 2016, it was possible to buy a single Bitcoin for around $500. Although Bitcoin remains volatile, it has gone on to generate unprecedented gains. For instance, in late 2021, Bitcoin was trading at just over $68,000. This has led many crypto enthusiasts to want to learn how to buy Bitcoin to capitalize on any potential profits.
Bitcoin is leading the charge in the latest crypto bull run. It’s up 87% over the past year and has managed to hold above the key $42,000 price level – the low hit during the last crypto bull market.
That’s a sign that Bitcoin could be building up for an even more significant run.
Many argue that at current levels Bitcoin is heavily undervalued, with investment bank Standard Chartered recently releasing a report to say BTC is on course for $100,000 by the end of 2024. which is not surprising as it’s currently trading at $61,000.
Today, Bitcoin is accepted as a legitimate payment system by many online merchants. The cryptocurrency can also be used as collateral to take out loans, to play at crypto casinos, and locked to earn interest.
Ethereum is the second most popular cryptocurrency in the world that managed to impose itself as the biggest alternative to Bitcoin. What makes ethereum valuable are its multiple use cases. On that note, developers can use it to create dApps, NFTs, and DeFi apps. In fact, over 1,400 applications run on the Ethereum blockchain.
Ethereum was also the first to introduce smart contracts that increased the efficiency, scalability, and speed of its network.
As for its price history, between 2017 and 2021, its value went from around $11 to an all-time high of $4,878.26 – translating to gains of more than 43,000%, which made it one of the best altcoins to invest in.
At the time of writing, ethereum’s price stands at $3,325. In the last 30 days, its price experienced an increase of 34.40%, while its 24-hour trading volume stands at $13.34 billion.
What could increase the value of ETH is its EIP-4844 update, which would significantly reduce gas fees on L2 blockchains. On that note, we believe that by the end of 2024, the price of ETH could hit the $6,500 mark.
Scotty the AI ($SCOTTY) is a hot new crypto project whose core mission is to protect the crypto universe using its AI capabilities and understanding of blockchain.
The project is designed to revolutionize security, fraud detection, and knowledge discovery within the crypto space.
The platform recently launched its presale, where early buyers can grab $SCOTTY tokens for a discounted price of $0.0063.
Scotty uses new-age AI algorithms to analyze blockchain data, detect patterns, and identify threats. The AI’s deep understanding of blockchain is important in navigating and protecting the crypto ecosystem.
Join the Scotty AI Telegram channel to get the latest project updates.
ETH or USDT
Visit Scotty the AI
Sponge V2 is an upgraded version of the legendary $SPONGE meme coin that gained 100x in 2023.
Shortly after the original $SPONGE launched, it rocketed from a $1 million market cap to more than $100 million. The token caught the attention of major crypto influencers like Jacob Bury and took the crypto meme world by storm.
Now, $SPONGE V2 has its sights set on a return to a $100 million market cap, according to the Sponge whitepaper.
It plans to get there by becoming one of the newest coins on Binance and OKX. $SPONGE V2 is also creating a play-to-earn racing game that’s expected to drop in 2024.
The only way to get $SPONGE V2 tokens is to stake V1 tokens. Staked V1 tokens will be permanently locked and generate V2 token rewards for 4 years.
Check out Sponge on X, Telegram, and Discord to get all the latest updates about the V2 token rollout.
Tokens available in presale
USDT, ETH, Card
Visit Sponge V2 Sale
Solana ($SOL) is an ultra-fast blockchain and Ethereum competitor that saw enormous gains in 2021, hitting an all-time high of nearly $260. The token dropped precipitously during the crypto bear market, in part because disgraced FTX founder Sam Bankman-Fried was one of Solana’s biggest backers.
While to many analysts it looked like Solana would disappear after FTX’s collapse, the token has instead come roaring back. It’s up more than 330% in the last 5 months alone, now pushing the key $100 price level with strong upward momentum.
Solana is also attracting tons of new development on its blockchain. Solana now has more than 2,500 active developers. While that’s likely in part due to the crypto market heating up, it’s also a sign that this blockchain could be the next hot Ethereum alternative once again.
$SOL remains down 60% from its all-time high. While there’s no guarantee $SOL will jump that high again, it likely has a lot of room left to run in 2024.
Fresh off a launch on the Uniswap decentralized exchange, Frog Wif Hat is the latest meme coin hoping to capitalize on the ‘Wif Hat’ craze. The ERC-20 token has set its sights on outperforming $WIF, which now has a $500 million market capitalization, following its release late in 2023.
After launching at $0.3279 in November last year, Dogwifhat has soared by over 500%, hitting a record high of $0.4814 earlier this year.
At present, $FWIF operates on the Ethereum network but is building a bridge that will connect it to the Solana blockchain. By doing this, the aim is to expand the pool of buyers and potentially capture investors from Solana-based $WIF. So far, its price has rocketed by 200% since its launch.
As we speak the French-theme meme coin is available to buy on Uniswap, with a listing on centralized exchanges (CEX) like Kucoin to soon follow. This exposure will likely help build its notoriety and position it to generate strong gains for early investors.
There are 1 billion Frog Wif Hat tokens that launched at $0.0005 per token. To delve deeper into this meme coin, listen to crypto analysts break down the project or follow its accounts on X (formerly Twitter) and Telegram.
Visit Frog Wif Hat
Ripple is a global payments network that operates using the $XRP token. An individual in one country sends money, $XRP is transferred instantly across borders, and funds are delivered to the recipient in another country.
It’s a powerful, fast, and cheap alternative to the existing system for sending money around the world.
Ripple was held back for years by a legal battle with the SEC, which alleged that $XRP tokens issued by the project were unregistered securities. However, Ripple effectively won its lawsuit against the SEC in 2023, opening the door for widespread adoption by major banks.
In fact, banks have been starting to experiment with $XRP payments. That’s a good sign for the price of $XRP since it has a fixed supply—so increased demand from banks to make global payments can directly push up the market price of the token.
$XRP is currently trading around $0.5783, roughly 3x less than what it traded for before the SEC’s lawsuit.
eTukTuk is leveraging blockchain technology to help reduce air pollution and lower carbon emissions.
The overall goal of eTukTuk will be to set up Electric Vehicle Supply Equipment (EVSE) and EV charging stations around developing nations such as Sri Lanka.
The project currently has 257% staking APY on offer and has raised more than $1.5 million.
Token holders can engage in power staking. They will stake their tokens into power nodes, which will help run the charging stations. Token holders will get paid an APY from a staking pool.
The $TUK token is now available to purchase through a presale. For more information, read the eTukTuk whitepaper and join the Telegram channel.
Tokens available in presale
Binance Smart Chain
USDT, ETH, Card
Cardano is a cryptocurrency that aims to compete with Ethereum in the smart contract market. Cardano is more scalable and easier to use for developers by using two layers of technology – one for transferring value and another for tracking balances of the ledger.
Cardano has many other interesting elements that might make it an appealing option for investors. For instance, Cardano completed an upgrade in September 2022 – which further improved its scalability.
Moreover, it has also launched its own stablecoin, which can help Cardano become a more important player in the DeFi space as one of the best DeFi coins to invest in.
Cardano is currently trading at $0.6452, down 80% from the all-time high it reached in 2021. So, this could be an opportunity to buy $ADA at a steep discount.
Meme Kombat ($MK) is one of the best new meme coins on the market. It enables token holders to bet on their favorite meme warriors in a Battle Arena and earn $MK tokens based on the outcome.
The project uses AI and blockchain technology to ensure all results are immutable, transparent, and fair and payment is instant.
There are 120 million $MK tokens. 50% (60,000,000 $MK) go to the presale at a current price of $0.279, for a total hard cap of $10,000,000. Of the remainder, 30% go to staking and battle rewards, 10% to community rewards, and 10% to DEX liquidity.
For more information on Meme Kombat, check out the project whitepaper, as well as the socials (Telegram and Twitter). Only ETH, USDT, and BNB are supported for this presale.
Tokens available in presale
USDT, ETH, BNB
Visit Meme Kombat Presale
Bitcoin Minetrix ($BTCMTX) is an exciting presale that provides a new stake-to-mine model – a novel utility in Web3. Bitcoin mining has never been easy or effortless, but with BTCMTX, staked ERC20 tokens are traded for non-tradeable mining credits, which are burned. The more tokens that are burned, the more BTC rewards you accrue.
Bitcoin Minetrix makes it possible to mine Bitcoin rewards with none of the drawbacks associated with traditional mining. It’s eco-friendly and accessible to individuals without investing in an expensive mining rig. The project has also undergone a third-party smart contract audit, with stellar results.
There are a total of 4 billion tokens, with 2.8 billion available for purchase in the presale. The current cost is $0.0136, though it will rise to $0.0148 by the final stage of the presale.
More than 574 million tokens have now been locked into the staking pool, which is currently offering an estimated APY of 73%.
This is a great utility token with high potential. It’s raised more than $11 million during its presale, showing investor excitement. Also, a $30k minedrop reward is available for early buyers.
More details can be found in the Whitepaper.
Tokens available in presale
USDT, ETH, BNB
Visit Bitcoin Minetrix Presale
Poodl Inu is a trending new meme token that recently launched its presale, where it offers its native $POODL token for $0.000214 per token.
Per the platform, it offers a promising annual reward rate of 12,397%, making it one of the best cryptos to buy right now. However, this percentage will decrease as more tokens are staked.
Operating on the Ethereum blockchain, Poodl Inu has a supply of 6.9 billion tokens. Its allocation strategy includes 50% for presale, 30% for staking, 10% for a decentralized exchange (DEX), and 10% for marketing.
The project’s roadmap outlines its goal to offer high staking rewards and establish itself as a top meme coin in 2024, aiming to surpass known names like Doge and Shib.
Poodl Inu has a strong marketing plan to ensure worldwide recognition and attract investors with the potential for substantial returns.
The Poodl Inu whitepaper highlights the platform’s ambition to innovate within the meme coin category, highlighting a simple yet effective staking approach. The token aims to differentiate itself through its distinct character and capture the interest of investors looking for the next big meme coin.
Interested users can enter the Poodl Inu Telegram channel and follow it on X (Twitter) to get the latest updates on the platform’s progress.
5thScape is a revolutionary online VR gaming platform set to redefine immersive 3D gaming experiences.
The 5SCAPE token is the first crypto to provide exclusive access to premium VR content and devices.
Its 12-stage presale started on January 9th, 2024, with 5thScape’s developers aiming to raise $15M by the end of it. The 5SCAPE token, priced at $0.00187 at launch, is expected to increase by 400% by the end of the presale.
It uses $5SPACE tokens for access to a game library. The platform plans to launch five VR games, starting with ‘Cage Conquest’ in Q2 2024, focusing on an MMA experience.
Token holders get lifetime access to VR content and discounts on 5th Scape products, including a VR headset and ergonomic VR chair.
Interested users can enter the 5th Scape Telegram channel and follow it X (Twitter) for the latest project updates.
9 January 2024
ETH or USDT
Visit 5th Scape
Scorpion Casino is integrating the advantages of decentralized technology into the realm of online sports betting and casinos.
Scorpion Casino offers a wide selection of games, including over 200 casino games and 160 live games. Casino games include slots, blackjack, roulette, poker, and live casino experiences.
The $SCORP token offers users significant benefits. First, players at Scorpion Casino earn 25% cashback on losses when they bet with $SCORP.
On top of that, token holders earn passive income from staking rewards paid in $SCORP. Staking rewards are paid from the revenue the casino earns.
Scorpion Casino also plans to buy back and burn $SCORP tokens, potentially raising the token’s market price.
Tokens available in presale
USDT, ETH, Card
ScapesMania is a gaming ecosystem aiming to blend the financial advantages of blockchain with the large user base of casual gaming.
Governed by a Decentralized Autonomous Organization (DAO), it lets players have a say in its development and operations. More than $360k has now been raised in its presale.
The project’s native currency, $MANIA, is currently on presale, priced at $0.00254 per token, with a planned increase to $0.01 at listing. Early investors also get a 25% buying bonus.
Users can join the ScapesMania Telegram channel for the latest updates.
Tokens available in presale
1.2 billion $MANIA
USDT, ETH, Card
Mollars ($MOLLARS) aims to be a new version of Bitcoin that serves as a store of value.
The founders of Mollars will not hold any tokens – all tokens will go to the project and community. The founding team aims to let the community lead the charge once the project has launched.
This could lead to mass engagement and a strong appetite to invest in the project, raising its value as a result.
So far, Mollars has raised over $750k during its token presale.
For more information, read the whitepaper, and follow Mollars on X (Twitter), Discord, and Telegram.
Monero ($XMR) is the oldest and most well-known of all the privacy coins.
Monero hides both the sender and receiver addresses using Ring Signatures and Stealth Addresses. Balances and transactions in Monero wallets are not visible.
Monero even uses Dandelion++, a protocol that obscures the IP address of the devices that make transactions. This is a big deal considering that many Americans report being worried about privacy.
Being a PoW blockchain, Monero isn’t the most eco-friendly. Still, in terms of privacy, it is unparalleled in most regards, with privacy as a default for users.
Now that we’ve listed some of the best tokens to buy now, let’s look at some of the top reasons why people choose to invest in cryptocurrencies.
Like all investment prospects, the risks should also be considered. In this section, we examine the key risks to bear in mind before deciding which crypto to buy.
Investors should always be clear that investing in crypto is volatile and risky and that independent research should be conducted. New crypto projects especially tend to have a higher potential than older ones but do not have an established market to lean on, causing increased volatility.
As we noted above, finding the best crypto to buy today is not an easy task by any means – even for the most seasoned of investors. With that in mind let’s explore our review and rating process covering all key metrics from trading volume to real-world adoption.
When researching any crypto project, especially new ones, the best place to start is the website and whitepaper.
When looking at projects, potential red flags include:
Meme coins, a highly speculative crypto asset class, can often have a lot of red flags but still return incredible gains. Many of them only enjoy short-term success – meaning hype, word-of-mouth and community interest can play a much larger role.
Pepe grew from a tiny project to a market cap of almost $2 billion purely through word-of-mouth, FOMO (fear of missing out) and greed from speculative investors – the token has very little ‘value’ in terms of utility.
Now just six weeks later, PEPE’s market cap is now $1.5 billion smaller than at its peak, at around $350 million, showing how quickly meme assets can rise and fall.
Perhaps the most important aspect we considered when populating this list is the scope for growth, both short and long-term.
Immediate factors to consider are a project’s current price, use case, tokenomics, past performance and future roadmap, as well as popularity and sentiment from the market, which plays a huge factor in price action.
Take Bitcoin, which is currently trading between $25,000-$30,0000, as an example. It has been the best-performing crypto over its full life cycle, reaching an all-time high of almost $70,000 in late 2021. Despite being more than 60% down from that price at the time of writing, BTC has still posted all-time gains of more than 40,000,000%, putting itself in the leading high-risk crypto projects category.
On the other hand, the best new cryptos often launch with much greater price potential than 300% returns, but come with a far larger risk factor associated. For example, Tamadoge (TAMA) returned 300% in its presale before pumping almost 2,000% when it listed on exchanges.
Investors might also want to consider the price of the cryptocurrency before making a purchase. This involves picking digital tokens that appear to be trading for less than their potential value.
There are a great many tools at an investor’s disposal across the web. This can include data aggregation sites such as CoinMarketCap or CoinGecko to track the market caps of different tokens, while DEXTools shows trending new coins. There are also more advanced tools such as TradingView, or analytics firms such as Glassnode and DeFiLlama.
Another way to buy cryptocurrencies at a low price is by investing in a presale or when the project is in its early stages – when tokens are offered at a hugely discounted price.
An undervalued crypto could be Cardano (ADA), which continues to perform poorly in terms of price despite on-chain data from DeFiLlama proving the network is as busy as ever.
Finding the best long-term crypto investments is no easy feat. Irrespective of broader industry conditions, the best coin to invest in is one that has an edge over the market – especially with a unique utility.
This offers a clear reason for investors to pick a project from the many thousands of other options – it will help solve a real-world issue, or make life easier/better in some way and therefore people will need to use it, rather than it just existing as an investment vehicle.
While Bitcoin is seen largely as a store of value and ‘digital gold’, with some usage as a currency, Ethereum, is one of the best utility tokens around. DeFiLlama data shows that Ethereum has a TVL (total value locked – the value of other apps built on its chain) worth nearly 60% of the whole market at $25.3 billion at the time of writing, nearly five times bigger its nearest competitor, Tron ($5.4bn).
When considering new cryptocurrencies, investors should carefully study the roadmap. Crucially, if the project doesn’t have a viable roadmap with attainable objectives, then this should be viewed as a major red flag.
On the other hand, if the project has a clear outline of its future plans, it is more of a seamless task to assess how the respective cryptocurrency will perform further down the line – and how the developers will work to reach those goals.
The market cap of cryptocurrencies is often used as an indicator of the dominance and popularity of cryptocurrencies and also informs us of the total value of the cryptocurrencies in circulation, according to the market.
Large market cap tokens indicate they are more popular and somewhat safer, but often mean the chances of rapid price increases are unlikely. Investing in cryptocurrencies with a small market capitalization offers a much higher upside when compared to established coins – though the risk of loss, and larger losses, is much greater. This is almost always the case with brand-new projects that are still in their presale phase.
This offers plenty of upside for early investors in the search for sizable gains.
Trading volume and liquidity are key elements to assess when you’re looking for the best cryptocurrencies to buy. These factors can determine how efficiently you can trade cryptos on the market. This is why they’re so important:
The past performance of a cryptocurrency can also inform investors of how it has previously performed in different market conditions and how it may trade in the immediate and mid-term future.
Many investors use technical analysis trading and technical indicators such as on-balance volume (OBV), moving average convergence divergence (MACD), relative strength index (RSI) and various oscillators when they are day trading – although this is absolutely not recommended for beginners and takes months, if not years, to fully grasp.
MonaCoin is a token that hit huge heights but has struggled to emulate that performance. The Japanese meme token, which is only available on a few exchanges, rapidly grew from around $0.02 in January 2017 to $16.45 in December 2017, an increase of 71,421% – meaning $1 of investment would have been worth more than $700.
However, the price quickly dropped and the last time it was even $5 was in April 2018 and it hasn’t traded above $1 since February 2022. At the time of writing, MONA can be purchased for just $0.35 – a 98% drop from its all-time high.
Here’s how to buy cryptos from the comfort of your own home easily, securely and quickly.
For a more in-depth guide on how to buy crypto tokens in 2024 be sure to check out our exhaustive tutorial designed for both beginners and seasoned pros.
In conclusion, the challenge of identifying the best crypto to buy now is harder than ever because of the sheer number of cryptocurrencies available. This guide was created to simplify that search and provide you with an easier way to discover promising projects.
The best cryptocurrency to invest in today is Frog Wif Hat ($FWIF) – a new meme coin aiming to build a bridge between the Ethereum and Solana networks.
Frog Wif Hat is our top pick. This is a potentially viral meme coin operating cross-chain between Ethereum and Solana.
Some of the best crypto to buy now are Frog Wif Hat, Smog, Sponge V2 and Bitcoin Minetrix.
After suffering huge losses in 2022, the crypto market is already showing signs of recovery in 2024. Analysts believe that the bulk of the bear market is now behind us. However, given the volatile nature of cryptocurrencies, nothing is guaranteed.
If investors are looking for cryptocurrencies with scope for growth, they might want to consider newly launched Frog Wif Hat ($FWIF), Sponge V2 ($SPONGEV2), and Bitcoin Minetrix ($BTCMTX). On the other hand, those that prefer more established cryptocurrencies might be suitable for Bitcoin and/or Ethereum.
Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.
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