Best Altcoins to Buy in March 2024

Altcoins, or alternative cryptocurrencies to Bitcoin, have seen a rise in the crypto realm due to their innovative technologies and potential returns. 

However, as the crypto market expands, the sheer number of altcoins can be overwhelming even for the seasoned investors.

Trying to distinguish “the good from the bad,” the crypto team over at Techopedia did extensive research of the market and came up with the 17 best altcoins to buy today. This guide includes a review of each coin, how to identify promising contenders, and their pros and cons.

  • Exciting new multi-chain meme coin expected to explode during 'DOGE day' in April, also offers staking rewards.
  • Dogeverse offers seamless interoperability with Wormhole and Portal Bridge offering secure navigation between chains
  • Investors can choose their preferred chains that offer lower fees and instant processing times, boosting the trading process.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Matic
    Matic
  • +1 more
  • New Solana meme coin trending on Twitter with potential to go to the moon like $SLERF
  • $SLOTH presale has no price stages or timer. Simply send $SOL to token address and $SLOTH tokens will be airdropped
  • More than $500k raised in less than 24 hours
Project Launched
March 2024
Purchase Methods
  • SOL
    SOL
  • Brand new exclusive Solana GameFi token hits $300k mark within hours of launch
  • Harnessing the lightning-fast speeds and cost-effective features of the SOL blockchain $DICE offers a unique gambling experience
  • Offers massive airdrops for casino players in excess of $2.25M, as well as NFTs, early-bird bonuses and a referral program
Project Launched
April 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • BNB
    BNB
  • Revolutionary Learn-to-Earn crypto project offering $99BTC rewards when users complete quizzes, learning modules and much more.
  • $99BTC token holders gain exclusive access to advanced trading courses, trading webinars, and VIP community groups.
  • Offers massive staking rewards currently above 120,000% as well as multichain functionality via Ethereum and BSC.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • BNB
    BNB
  • +1 more
  • One-of-a-Kind Immersive VR Gaming Project
  • 12-Round Presale Looking to Raise $15M
  • 5SCAPE Holders Get Exclusive In-Game Advantages
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • Matic
    Matic
  • BNB
    BNB
  • USDT
    USDT
  • Debit
    Debit
  • +2 more
  • Hot meme coin project with play to earn utility and staking
  • Price has pumped 10x in last month, rumored to be listing on Binance
  • Over 12k holders and growing
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Next big Solana meme coin, emulating 100x success of Pepe, Bonk, Myro and Dogwifhat.
  • 35% of the total supply is set aside for airdrops distributed on Solana.
  • Earn airdrop points through Smog social interactions, quests, and on-chain activity.
Project Launched
February 2024
Purchase Methods
  • SOL
    SOL
  • USDT
    USDT
  • BONK
    BONK
  • ETH
    ETH
  • +1 more
  • Over $500k Raised and 300% Staking APY on Offer
  • AI-Driven, Sustainable Transport Solution Designed to Revolutionize Transportation in Developing Nations
  • Exciting eTukTuk Play-to-Earn Game In the Making
Project Launched
June 2023
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Innovative Stake-to-Mine Model Bringing New Utility in Web3
  • Cost-Efficient Way to Mine BTC
  • Over 360M BTCMTX Already Staked with Estimated Rewards of 115% p/a
Project Launched
September 2023
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • Matic
    Matic
  • USDT
    USDT
  • Debit
    Debit
  • +2 more
  • Groundbreaking AI token combining artificial intelligence with popularity of meme coins
  • Buy and stake $WAI tokens for passive rewards up to 3004% p/a
  • Presale has already raised over $240k highlighting this project's 100x potential
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Matic
    Matic
  • +1 more
  • Revolutionary decentralized CasinoFi gaming platform allowing players to become the house and earn yields.
  • Buy, stake or burn $IBET tokens during the ongoing presale to unlock real yield from trading fees, game winner fees and more.
  • Developers can build their own front-ends and games via the range of CasinoFi contracts.
Project Launched
March 2024
Purchase Methods
  • USDT
    USDT
  • New high-stakes battle project where the Wild West meets crypto
  • $SHIBASHOOT holders can buy and stake their tokens for passive rewards
  • Offers a Posse Rewards referral program where players can earn bonus tokens
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB

Best Altcoins to Invest in 2024

  1. 99Bitcoins – Best altcoin to invest this year, offers over 50,000% staking APY.
  2. 5th ScapeA new-age virtual reality gaming cryptocurrency platform.
  3. Sponge V2The next version of the famed $SPONGE token, 100x in 2023.
  4. Smog – Meme token with huge airdrop rewards. Get 42% staking yields.
  5. eTukTuk – Use crypto to make payments at EV charging stations, get 209% APYs.
  6. Bitcoin MinetrixStake-to-mine crypto decentralizes cloud mining, over $11M raised.
  7. Mollars – Decentralized cryptocurrency offering access to a community DAO. 
  8. Healix – Stable healthcare crypto in its presale phase
  9. WienerAI – New meme coin sensation with AI fundamentals
  10. InsanityBets – GameFi crypto casino, where users can become the ‘house.’
  11. Shiba Shootout – New meme coin presale with high staking APY of over 20,000%.
  12. BlockBets – Utility rich GambleFi platform with profit share feature.
  13. EthereumLargest altcoin in the world, offers smart contract functionality. 
  14. PolkadotA layer-1 metachain protocol, $10 billion market cap.
  15. CosmosCrypto solving blockchain scalability and  interoperability.
  16. SolanaTop #5 market cap crypto, processes 65,000 transactions per second.
  17. DogecoinA meme-inspired crypto with a market cap of more than $12 billion. 

Best Altcoins To Buy Today – Full Analysis

Now that we’ve listed the top altcoins to watch for in 2024, it’s time to review them more thoroughly.

1. 99Bitcoins – Learn-to-Earn Platform Offers 50,000% Staking APY

99 bitcoins

99Bitcoins ($99BTC) is the best altcoin to buy in 2024 because Bitcoin is trading at all-time highs, Bitcoin spot ETFs are taking all the BTC supply and Bitcoin halving is near. 99Bitcoins Token has the potential to benefit from all these Bitcoin-related events.

The 99Bitcoins platform isn’t new, however. Being active for a decade, the team boasts over 700,000 subscribers and over 2 million users for the crypto learning. By introducing a new token, the team plans to reward active participants who are learning about crypto.

Buy the $99BTC token with ETH, USDT, BNB or a card and stake it to earn over 50,000% staking APY during the early presale stages. Also, get a chance to earn a piece of the $99,999 worth of $99BTC tokens that will be airdropped to early supporters.

Follow 99Bitcoins on X and join the 99Bitcoins Telegram channel for more information.

2. 5th Scape – Emerging VR Gaming Platform With Immersive Games

5scape homepage

5th Scape is an emerging platform integrating virtual reality (VR) gaming with crypto. This unique combination aims to transform the VR landscape by offering a comprehensive VR experience powered by its native token, the $5SCAPE.

The token presale, which started on January 9, 2024, has a target of raising $15 million. With an initial price of $0.00187, the token is projected to surge significantly, by about 400%, during the presale period.

The platform is set to release a series of VR games, starting with ‘Cage Conquest,’ an MMA-themed game, by Q2 2024. Token holders will enjoy exclusive benefits like lifetime access to these games, discounts on VR equipment, and free access to basic gameplay modes.

The VR ecosystem extends beyond gaming to include animations and educational content. 5th Scape also aims to create a dedicated community and offers massive support to developers. Investors can follow 5th Scape on X (Twitter) and enter its Telegram channel to keep up with the latest updates.

3. Sponge V2 – An Exciting Token Presale With up to 191% Annual Yields

Sponge V2 Presale

$SPONGE saw impressive growth last summer when it managed to reach a staggering $100 million market cap. It’s dropped a sizable amount since then, but their new ERC-20 $SPONGEV2 token is set to revivify the community.

The new tokens are introduced via novel stake-to-bridge mechanics, which allows V1 holders to receive the $SPONGEV2 as a reward. This comes with a promise of potentially high APYs for the next 4 years. The only catch is that their V1 tokens are now locked in V2 contracts indefinitely.

Apart from the promise of high earnings, Sponge V2 introduces a play-to-earn racing game, which will launch after the tokens go live. It will also offer an additional avenue for token holders to earn $SPONGE tokens by competing in an online environment.

Check Sponge on X, Telegram, and Discord to keep abreast of the V2 rollout and learn more about the benefits of staking the token.

4. Smog – New Meme Coin With a Near $100 Million Market Cap

Smog token page

Smog ($SMOG) is our next pick for the best altcoin to buy now. Built on the Solana blockchain, this is a new meme cryptocurrency offering airdrop rewards and high staking yields. 

The $SMOG token launched straight on the Jupiter decentralized exchange – with a starting market cap of only $2 million. With just a few days, $SMOG surpassed the $100 million valuation. Despite the huge price increase, Smog wants to compete with some of the best meme coins – such as Bonk and Pepe. 

To attract a large community of token holders, Smog will conduct a huge airdrop campaign. Investors who hold $SMOG can start generating airdrop points. You can also compete in daily challenges and quests to rack up more airdrop points. 

From a total supply of 1.4 billion tokens, 490 million will be offered to token holders through future airdrops. Investors can also lock-in their $SMOG tokens on the smart contract to generate APYs (Annual Percentage Yields). At press time, Smog is offering 42% APYs to token holders. 

In the future, Smog will look to list the token on tier-one crypto exchanges – which can play a significant role in increasing the token’s popularity. Stay updated with this crypto project by going through the Smog whitepaper and joining the Telegram channel

5. eTukTuk – Green Energy Cryptocurrency Promoting EV Adoption in Developing Countries

eTukTuk home

eTukTuk has spent the last 5 years creating the world’s first automotive blockchain project. Built on the Binance Smart Chain, eTukTuk will leverage the $TUK token to help reduce pollution and promote renewable forms of energy for TukTuks. The presale is now open and has raised more than $1 million.

eTukTuk aims to switch TukTuk drivers from ICEs to zero-emission vehicles (ZEVs) such as EVs. eTukTuk will work with territory partners, who will set up production units of Electric Vehicle Supply Equipment (EVSE) and ZEVs. Once the drivers use these charging stations set up, they will make payments using $TUK.

Users can then stake tokens to contribute to the platform’s maintenance. Staked holders are rewarded with a portion of the transaction revenue generated.

Since the BSC charges low fees and is energy-efficient, it is a suitable choice to limit carbon emissions. The $TUK token is currently priced at $0.02675 on presale. To learn more about this cryptocurrency, join the eTukTuk Telegram channel.

6. Bitcoin Minetrix – Hot New  Presale Raising Over $11 Million. Offers Mining For Everyone

Bitcoin Minetrix presale

Bitcoin Minetrix ($BTCMTX) is a new project that allows people to mine Bitcoin without needing any expensive hardware or knowledge. The project raised $11 million since the start of the presale, which immediately propelled it to first place on our list of best altcoins to buy right now.

This is a unique presale that uses the Ethereum blockchain to mine Bitcoin rewards. Bitcoin uses a deprecated Proof-Of-Work architecture that is very damaging to the environment and cost-prohibitive. 

There are 4 billion tokens, and 70% (2.8 billion) are made available in the presale. The tokens can also be staked outright. The price ($0.0135) goes up at every stage of the 39-stage presale before the eventual exchange listing. The campaign will even release a mobile application so people can mine on the fly. 

A compatible Web3 wallet is required to take part in the presale. USDT, ETH, or BNB are acceptable tokens to process the presale transaction. For more information, be sure to join the Twitter and Telegram socials.

 

7. Mollars – Decentralized Cryptocurrency is Soaring on Presale 

Mollars presale

The next altcoin on our list is Mollars ($MOLLARS) – a new project promoting decentralization through its innovative ecosystem. Mollars wants to foster a sense of communal evolution by giving 100% decision-making power to token holders. 

According to the Mollars whitepaper, the project founders will renounce ownership of the token contract post-launch. This decision will allow community members to gain autonomy in decision-making. Token holders can earn voting access by joining the Mollars DAO. On the DAO, members can vote on new gaming environments and introduce new community initiatives. 

$MOLLARS, the native token, has a total supply of 100 million. At the time of writing, this new altcoin is available to buy on presale. At the time of writing, it has raised over 500k.

1% of each $MOLLARS transaction will be burned on the ecosystem. Furthermore, a 3% transaction tax will be charged – a portion of which will be sent to the DAO fund. Join the Mollars Telegram channel to stay updated with new project developments. 

8. Healix – Stable Healthcare Crypto in Its Presale Phase

Healix

With its recent entry into the crypto market, the Healix (HLX) project has garnered a lot of attention due to its amazing presale performance. The project is still undergoing the first presale stage and has already sold more than half of the tokens made available for the said period.

One of the primary factors fueling Healix’s popularity is its potential to drive effective innovation in the existing healthcare sector. This comes as no surprise since the protocol combines the potential of blockchain with AI and IoT to address real challenges in the healthcare sector. It seems very likely the Healix project will help make healthcare services more efficient, accessible, and transparent.   

The recent bearish performance of the crypto market has left investors looking for a stable alternative. The Healix (HLX) presale presents itself as the right stable alternative since it adds value to the real world and paves the way for a future with better healthcare.   

 

9. WienerAI – New Meme Coin With AI Fundamentals

$WAI

WienerAI ($WAI), unlike other dog-themed projects, has been combining its AI and meme aesthetics to attain market traction. Being the first-ever “Wiener/Dog/AI/ crypto project to storm the market, WienerAI has not only set the stage for upcoming altcoins but also shown its capacity as a sustainable investment opportunity with limitless potential for market growth. 

Presently, AI and Dog-oriented concepts are among the top trends in the bustling crypto space. Leveraging these two concepts along with its “sausage army” enhances WienerAI’s market presence and credibility, positioning it as one of the hottest altcoins to buy ahead of the next bull run. 

As of the time of writing, the presale of this top altcoin is live, offering attractive discounts and staking rewards to early birds. Since its launch, WienerAI ($WAI) has been riding on its unique elements to attract whales to its presale.

To participate in the presale and stand the chance to gain early exposure to one of the best altcoins with high potential, visit its official website right now.

The presale, according to its whitepaper, is multi-staged. This is to provide interested parties with more than enough opportunity to buy and stake $WAI before it gets listed on top exchanges.

With the massive waves greeting the presale, experts believe the token could be on the brink of exploding to the moon when it makes its market debut. Therefore, adding enough $WAI to your portfolio is one of the top investment decisions that you can make today. 

10. InsanityBets – Decentralized Gaming Casino Offers High Yields and Trading Fees Discounts

InsanityBets homepage

InsanityBets ($IBET) is the next top altcoin to watch in 2024. This is an innovative crypto casino in the CasinoFi and GameFi space. With $IBET, the native token, you can secure multiple benefits and high yields. 

For starters, $IBET can be staked on the staking pool to earn high yields. 35% of all trading fees collected will be offered through the InsanityBets staking pool. Furthermore, the more tokens you stake, the higher your trading discounts. 

According to InsanityBets VIP tier, you must stake 20 million tokens to reach the most prestige ‘Humpback’ category. Members of this tier will witness their withdrawal fee cut from 1% to 0.1%. The 1% winning fee will also reduce to 0.5%. 

InsanityBets is also the first CasinoFi platform that lets users become the house. By depositing USDT, BTC, and other cryptos, you can mint $ILP – a unique protocol. The $ILP tokens generated are used as house funds for winners and losers. 

One of the top altcoins, $IBET can also be burnt on the ecosystem. While the total supply is 5 billion, this will reduce after the burning mechanism is implemented. 50% of all trading fees are offered as rewards to token burners. 

Currently, $IBET is priced at just $0.0015 per token. 2.5 billion tokens are being allocated for the presale. For more information, read the InsanityBets whitepaper and join the Telegram channel

11. Shiba Shootout – Meme Coin With High Staking APY of Over 20,000%

shiba shootout presale

Shiba Shootout is a hot new meme coin presale that aims to ride the wave of success of Shiba Inu and Dogecoin. But unlike most dog-themed meme coins, Shiba Shootout wants to offer utility aside from simple price speculation.

The $SHIBASHOOT token is available in a presale where you can buy it with ETH and USDT. Once you buy the tokens, consider staking them to earn over 20,000% APY. This number will drop as more tokens are staked because they all share the same emission pool.

There’s also an option to buy the tokens with BNB but you won’t be eligible for the staking rewards. If you don’t care about staking and want to save money on gas fees, the BNB option is definitely worth considering.  

The team plans to implement DAO voting in the future where token holders will have a say on the project’s development. Also, there are plans for a generous referral program and lotteries.

12. BlockBets – Profit Sharing Staking From Utility Rich GambleFi Platform

2024 is turning out to be quite a year for GambleFi. As competition in the market heats up, we are seeing more and more innovation. One platform that is pushing the boundaries of online gaming is Blockbets.

This all-in-one gaming platform offers much more than the place for casino, poker and sports betting. Through their native cryptocurrency $BBETS, holders can access previously unheard-of levels of utility. Let’s take a look.

Blockbets presale

Alongside liquidity farming, governance voting rights and rakeback options, $BBETS token holders can simply stake their token for a share of the platform profit. A whopping 25% of profits are reserved for token holders and those who hold more than 10,000 $BBETS tokens are entitled to a 100% share of all available profits.

Blockbets benefits

As you might imagine the presale is selling out fast so it pays to get in early. For more information on the project be sure to visit the official site and download the whitepaper. To keep up to date on all the latest news and updates you can follow the project on X and join the exclusive Telegram channel.

13. Ethereum – The Most Popular Altcoin and the Largest by Market Cap

Ethereum altcoin

Now we come to maybe one of the most popular altcoins, Ethereum. It is a decentralized platform that runs on a blockchain, allowing for transparent and secure transactions without the need for intermediaries. However, the biggest attraction of Ethereum is its smart contract functionality.

Ethereum allows developers to create and run agreements between two or more parties directly written into lines of code. This way, Ethereum supports the development of decentralized applications, NFTs, and other DeFi projects. In fact, there are virtually thousands of projects that are built on Ethereum.

Ethereum’s price has significantly increased since its inception. It reached its peak in 2021 when the price of ETH surpassed $4,800, and many analysts see Ethereum 2.0 as one of the best crypto 2.0 coins on the market.

At the time of writing, ETH tokens are trading for around $2,288.27.

14. Polkadot – Layer 0 Multichain Blockchain Network Offering Top Staking Rewards, Parachains, and Potential for 1M TPS

Polkadot altcoin

Polkadot (DOT) aims to connect blockchains together through one protocol. It offers parachains,  or miniature blockchain networks with specific purposes which developers can use as test networks or for specific use cases.

Currently, there are over 579 projects building on the Polka Project. It describes itself as a layer 0 protocol, or a “meta protocol,”  to support other Web3 initiatives and weave them together.

Polkadot is extremely fast. It currently handles 1,000 transactions per second (tps). Bitcoin, in contrast, handles about 7 tps while Ethereum handles about 15 tps.  With an asynchronous backing upgrade, it claims it could reach 1 million transactions per second without compromising on security. 

Aside from speed, Polkadot offers among the best DeFi staking rewards. Stakers can earn between 11% – 15% APY,  depending on how the coins are staked. Currently, it has a large market cap of $6.5 billion and is priced at $6.64.

15. Cosmos – Crypto Network Facilitating Blockchain Interconnectivity

Cosmos altcoin

Cosmos aims to create a network of interconnected blockchains, allowing for the seamless transfer of data and value across different cryptosystems. It’s designed to address some of the major challenges facing the blockchain industry, such as scalability, interoperability, and decentralization.

Cosmos uses a novel consensus mechanism called Tendermint and the IBC protocol to ensure that blockchains can communicate securely. Additionally, it has also developed an SDK toolkit that allows developers to create and launch their own independent blockchains within the Cosmos network.

The different blockchains within the Cosmos network can then communicate and transfer data and assets between each other. This subsequently creates a network of interconnected systems. Cosmos also has its own cryptocurrency, ATOM, which is used as the governance token of this network.

Cosmos supports the staking of ATOM tokens so that investors can set up a stream of passive income. At the time of writing ATOM is priced at around $9.14.

16. Solana – Fast-Growing Blockchain Platform Known for Speed and Efficiency

Solana altcoin

Launched in 2017, Solana is a decentralized blockchain platform designed to provide fast, secure, and scalable blockchain solutions for decentralized applications. It uses a unique consensus mechanism called proof of history, which helps to maintain high transaction speeds and low fees. In fact, Solana claims that it can handle up to 65,000 transactions per second.

In 2022, Solana also shared insights into its future roadmap. This included the launching of crypto phones, app stores, and even an upcoming partnership with Google Cloud, among many others. In other words, there are a number of different factors that can help increase the price of Solana in the future.

Solana has its own cryptocurrency, called SOL, which is used to pay for transactions and network fees on the platform. Since its launch, the price of SOL tokens has increased by more than 2,000%. 

Nonetheless, the platform has struggled with some network slowdowns. The Solana blockchain experienced a setback when it was hit by an hours-long network slowdown and technical problems, causing concerns among users and investors.

17. Dogecoin – Top Meme Coin Widely Used for Online Payments

dogecoin altcoin

Dogecoin, a popular altcoin, was initially created as a meme in 2013. The digital token was inspired by the internet meme “Doge” featuring a Shiba Inu dog. However, over time, Dogecoin has grown to become a widely recognized and well-loved cryptocurrency, boasting a substantial following of enthusiastic supporters.

Due to this growing frenzy, Dogecoin is also attaining mainstream adoption. Today, one of the main use cases of Dogecoin is to carry out online purchases. Additionally, there are also many crypto gaming sites and casinos that accept Dogecoin as payment. Although Dogecoin was launched in 2013, this altcoin rose to popularity in 2021.

Between 2014 and 2021, the price of Dogecoin increased by 200,000%. It is known for extreme price volatility but has a strong community behind it that has allowed it to stand the test of time as a high market-cap crypto.

What is an Altcoin?

In simple terms, an altcoin is any cryptocurrency that is not Bitcoin.

Originally, altcoins were created to address various limitations and shortcomings of Bitcoin. However, over time, developers have started adding new features and capabilities to altcoins.

This means that there are thousands of altcoins with a variety of different use cases. While some altcoins specialize in being a medium of exchange, others enable users to run decentralized applications on a blockchain.

With that said, Bitcoin and Ethereum continue to share sheer dominance of the cryptocurrency market (see pie chart below). According to data from Statista.com BTC maintains a 40.33% dominance while ETH shares 19.12%. 

Bitcoin and Ethereum's dominance of the crypto market

Should You Invest in Altcoins?

Whether or not altcoins are a good investment is ultimately a matter of personal opinion. For some, cryptocurrencies are risky, while for others, they’re a potentially lucrative investment.

Below, we have outlined a number of factors that can help investors decide whether they should buy altcoins.

Potential for High Returns

Some of the most promising altcoins, such as Ethereum, Dogecoin, and Binance Coin, are excellent examples of cryptocurrencies that have performed well over the years.

Similarly, early-stage cryptocurrencies also come with a high upside potential – as they have unique use cases and are available at discounted prices (during the presale).

However, whether or not an altcoin has a high upside potential depends on many factors, including the technology behind the token, the development team, adoption and usage, partnerships, and the overall state of the crypto market.

Unique Use Cases

As there are more and more new altcoins being created every day, looking at use cases can be a great indicator of a potentially lucrative crypto.

In other words, finding new ways to use altcoins or blockchain technology to solve specific problems or meet certain needs makes them more useful and popular.

Undervaluation

Many altcoins are lesser-known and have significantly smaller market caps compared to Bitcoin. However, many investors see these penny cryptos as future assets with high potential, and it’s no surprise that our list of the best altcoins to buy right now has many of them. 

Undervalued altcoins pose a real opportunity for immediate gains as they’re usually priced lower than their perceived market valuation.

Diversification

Another reason to consider altcoins is to diversify a portfolio. By buying a variety of altcoins, investors can spread their risk and potentially reduce their overall volatility.

All that being said, it’s important to keep in mind that the cryptocurrency market is highly speculative and unpredictable, and the value of an investment in altcoins can be highly volatile.

What are the risks involved when trading altcoins?

As we’ve already mentioned, the crypto market is volatile. Therefore, sometimes, even the best altcoins to invest in can come with some risks. Let’s take a look at some of them:

  • Hard to buy or sell – Some altcoins don’t get traded that much, so it might be harder to buy or sell them without a change in price.
  • Regulatory risks – Changes in crypto regulations can impact altcoin value and legality.
  • Market manipulation – Small altcoin markets are more susceptible to manipulation by large holders or groups.
  • Scams and fraud – There are many scams in the world of crypto, including fraudulent ICOs, which can pose a great risk to investors.
  • Social media hype – A big social media hype towards an altcoin can cause that cryptocurrency to experience sudden price changes.
  • Losing capital – The risk of losing capital can be great, especially when it comes to altcoins, as they often have little to no price history and are essentially speculative assets.

How to Find the Best Altcoins to Watch in 2024

Investors wondering what altcoin has the most potential should consider the following metrics:

  • Keep up with market trends – When looking for the best altcoins to buy, it’s essential to research the overall cryptocurrency market and understand the current trends and dynamics. Investors can refer to leading crypto news websites to keep up to date with developments in the industry
  • Use cases – The altcoins with the most potential are those that have real-world applications and are being used by people and businesses. This can indicate that the project has a strong future ahead.
  • Track presale cryptos – Keeping track of new emerging cryptos can also help investors spot the best altcoins to invest in. As we noted before, the best presale cryptocurrencies often have high upside potential and offer investors an opportunity to get in on the ground floor of an innovative project.
  • Social media –  Finally, investors can also follow crypto-related social media pages as well as influencers to learn about the top altcoins.

Investors should always conduct thorough research before investing in any altcoins.

How to Buy the Best Altcoins?

Here is a step-by-step explanation of how to buy $99BTC – one of the best cryptos to invest in 2024.

Step 1: Create a Wallet

Firstly, make sure you have a compatible crypto wallet. 99Bitcoins Token is compatible with MetaMask and Wallet Connect. 

Download one of these crypto wallets to get started.

Step 2: Fund the Wallet

To buy $99BTC tokens, investors must have ETH/USDT/BNB tokens in their wallets (or use debit/credit card). Purchase these cryptos from a suitable exchange, and transfer the holdings to your wallet.

Step 3: Connect the Wallet

Visit the 99Bitcoins Token presale website, and select the ‘Buy Now’ button. Choose the crypto wallet to connect, and then follow the instructions on-screen to connect the wallet to the presale.

Step 4: Buy $99BTC Tokens

After the wallet is connected, choose which crypto you want to swap for $99BTC . After selecting either ETH, USDT, or BNB, enter the transaction amount, and confirm the purchase.

How Many Altcoins Are There?

According to Coinmarketcap, there are over 25,600 cryptocurrencies in existence, with a global market capitalization of over 1 trillion as of writing. However, this number is constantly changing as new altcoins with a lot of potential are created, and others become obsolete.

Conclusion

Choosing the best altcoins to buy in 2024 can be both exciting and tricky. Just as the potential for high returns exists, so does the risk due to the extreme crypto market’s volatility.

Therefore, investors should not only look at the promise of an altcoin, but they should also evaluate the potential risks and rewards before making an investment decision. Our top pick for the best altcoin to buy is 99Bitcoins Token ($99BTC). This is a learn-to-earn crypto project with generous staking rewards.

References

FAQs

What are the top 5 altcoins?

Which new altcoin has the most potential?

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Michael Graw
Editor

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.