When you buy through affiliate links in our content, we may earn a commission at no extra cost to you. Learn 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 seasoned investors.
Trying to distinguish “the good from the bad,” the crypto team over at Techopedia did extensive research on the market and came up with the best altcoins to buy today. This guide includes a review of each coin, how to identify promising contenders, and their pros and cons.
- First PEPE token with its own Layer 2 chain offering faster transactions
- Reduced gas fees and seamless ETH to PEPE chain bridging provide more flexibility and liquidity.
- A strong community supports the project, driving innovation and long-term growth.
ETH
USDT
BNB- +1 more
- CatSlap offers passive income potential with 20% of tokens reserved for staking in stage 2.
- $SLAP aims to match the success of $MOG, $CAT, $Popcat, and $MEW in just a few weeks.
- $SLAP offers an engaging, competitive slapping game that drives community interaction.
- ETH
- USDT
Debit
- Stake top meme coins and earn $STARS in the first-ever MemeVault platform.
- Earn tripple rewards by staking $STARS tokens for higher returns.
- Start earning huge rewards before the public launch by staking during the presale.
- ETH
- USDT
- BNB
- +1 more
- Earn $FLOCK tokens by participating in the community's governance and voting on project decisions.
- Community driven through a DAO giving every member a voice in the project's future.
- Stake your $FLOCK tokens early and get high returns over a 2-year period, creating passive income for investors.
- ETH
- USDT
- Debit
- +1 more
- $BEST token holders gain exclusive early access to the hottest presales on the market
- Supercharge your staking APY on the Best Wallet staking aggregator by holding $BEST
- Presale participants can enjoy lower transaction fees within the Best Wallet ecosystem
- BNB
- USDT
- ETH
- +1 more
- Interactive meme coin following the presidential elections
- Stake and vote for either Magatron or Kamacop to earn rewards
- If your chosen candidate wins a debate, you can be airdropped $DUM tokens
- ETH
- BNB
SOL- +3 more
- SpongeV2 builds on Sponge's meme success, aiming for massive social media traction.
- Offers decentralized finance features, enhancing user earning potential.
- A lot of new updates such as P2E utility offering even more opportunities for crypto investors.
- ETH
- USDT
- Debit
- SpacePay enables international transactions with minimal fees.
- You can earn significant returns by staking SPY tokens on the platform.
- SpacePay offers cutting-edge tools for businesses to adopt crypto payments.
- USDT
- ETH
- USDC
- +5 more
- Groundbreaking Layer-2 solution for the DOGE network
- DOGE² empowers faster, cheaper transactions improving scalability and utility
- Offers seamless asset bridging thanks to its Ethereum launch
- ETH
- USDT
- Debit
- +1 more
- Invest in luxury rental cars from prestigious brands like Lamborghini, Ferrari, and Mercedes-Benz
- Earn monthly rental income in USDT, paid on the first of every month
- Dreamcars is the first Web3 platform where you can buy, sell, and trade shares in supercars starting at just $10
- ETH
- BNB
- Groundbreaking BSC token built to reshape financial insurance and offer loans up to 75%
- Buy, HODL and stake your MEME tokens to earn 183% APY rewards
- Investors holding 10,000 or more MEME tokens get state-of-the-art NFTs
- BNB
- USDT
- ETH
- Earn amazing rewards for accurate race predictions.
- Participate in racing events and win big.
- Maximize your profits with additional staking and trading opportunities.
- ETH
- USDT
- Debit
- +1 more
- Hold $LHUNT and earn rewards every time you play in the LuckHunter Casino
- Get early access to new games and exclusive events
- Stake $LHUNT in the Co-Owner Pool to earn a portion of every trana
- Matic
- ETH
- BNB
- +2 more
Best Altcoins of December, 2024 – List
Top Altcoins of 2024
Current Price
Staking Rewards
Best Altcoin for:
Pepe Unchained
$0.01295
62%
The best layer 2 Altcoin to buy with high staking rewards.
Catslap
$0.0027452
N/A
Cat-themed meme coin with community rewards and fun cat slapping game.
Crypto All Stars
$0.0016189
327%
A top altcoin to buy to get rewards from staking coins.
Flockerz
$0.0061504
669%
Revolutionary vote-to-earn meme coin platform.
SpacePay
$0.002254
N/A
One of the best altcoins to buy for crypto POS payments.
Race to a Billion
$0.00817
3002%
A promising altcoin with a high APY for all Formula 1 fans.
Dreamcars
$0.0105
N/A
Invest in luxury rental cars and earn monthly rental income in USDT.
Ethereum
$3.380
2.29%
The massive altcoin transforming blockchain technology.
Polkadot
$8.04
10.43%
The altcoin leading the way in blockchain connectivity and high-speed transactions.
Cosmos
$8.03
13.85%
Connecting blockchains for greater efficiency and earning potential.
Solana
$235.83
6.33%
High-speed altcoin with ambitious tech and rapid transactions.
Dogecoin
$0.3918
1-5%
A fun altcoin with a strong community and growing mainstream adoption.
LuckHunter
$0.00112
N/A
Native token for the largest mixed-reality casino with ownership benefits.
Best Altcoins To Buy Now – 12+ Altcoins Reviewed
Now that we’ve listed the top altcoins of 2024, we’ll delve into them a little deeper. We’ll examine what they are, why and how they’ve made it on our list, and many more details so you can decide whether they’re worth your money.
Let’s jump in:
1. Pepe Unchained (PEPU)
The Best L2 Altcoin to Buy for Pepe Enthusiasts with High Staking Rewards
Pepe Unchained is a brand new altcoin and the first-ever PEPE token to successfully launch its own Layer2 blockchain. It promises to offer faster transaction times (100 times faster than Ethereum) and lower gas fees. So, you’ll technically get a newer and improved Pepe at a discounted price.
2. CatSlap (SLAP)
Top cat-themed altcoin with community rewards and cat slapping game
CatSlap ($SLAP) is the latest altcoin that offers tons of fun and rewards. Its cat-slapping game allows users to have fun and potentially earn rewards, as 10% of the total token supply has been allocated to community rewards. The token will launch with a $1 million market cap and is expected to see $500k in buys right away.
3. Crypto All-Stars ($STARS)
The Ultimate Meme Coin Staking Platform with Revolutionary MemeVault Technology
For the first time ever, Crypto All-Stars ($STARS) aims to bring together the best meme coins under one ecosystem. It offers a unique “MemeVault,” which is a staking system that lets users earn $STARS tokens by storing popular meme coins in the vault. This cutting-edge platform wants to change the meme coin space by providing a unified staking solution for many famous tokens.
4. Flockerz (FLOCK)
Top vote-to-earn altcoin offers stellar rewards
Flockerz 
($FLOCK) is a revolutionary meme coin that offers stellar reward-earning opportunities through its vote-to-earn ecosystem. $FLOCK token holders can join the Flocktopia DAO – vote on future project proposals, and start earning rewards.
5. SpacePay (SPY)
One of the Best Altcoins to Buy for Crypto POS Payments
SpacePay is a decentralized payment platform featuring the $SPY token. It offers a terminal-agnostic payment protocol compatible with 325 crypto wallets and all Android devices. The platform aims to support seamless crypto payments, revolutionizing the Point-of-Sale (POS) experience with its innovative technology.
6. Race to a Billion (BDJ)
A Promising Altcoin with an APY of over 3500% for All Formula 1 Fans
Race to a Billion ($BDJ) is an exciting altcoin that combines the thrill of Formula 1 racing with blockchain technology. Users predict race outcomes to earn $BDJ tokens, with the most accurate predictions winning an end-of-season jackpot. This decentralized platform ensures transparency and fairness.
7. Dreamcars (DCARS)
The Sweetest Choice Among Major Altcoins
Dreamcars is an innovative new crypto project that allows investors to buy luxury cars from brands like Lamborghini and Ferrari and earn rental income in USDT. Anyone can start investing with as little as $10.
8. BTC Bull (BTCBULL)
The Best Meme Coin to Buy for Bitcoin Enthusiasts with Token Burns and Airdrops
BTC Bull is a newly minted Ethereum meme coin created to leverage Bitcoin’s quest for $100K. It aims to excite the crypto community about Bitcoin’s push up into new all-time highs and offers token holders a potential method to multiply their gains as Bitcoin continues to grow.
9. WOBS Token (WOBS)
The ultimate meme coin with a wolf theme launching a high-leverage DEX with low fees.
WOBS wants to take on Wall Street by launching its decentralized exchange (DEX) with groundbreaking features. With up to 200x trade leverage, competitive rates, and multiple trading pairs, this ERC-20 token aims to combine the best of a meme coin with DeFi’s utility.
10. Wall Street Pepe (WEPE)
One of the Best Altcoins for Meme Lovers and Aspiring Traders
Wall Street Pepe is the latest meme coin aiming to take the crypto world by storm. It’s inspired by the iconic Pepe the Frog and aims to launch its own DEX. The WEPE presale wants to bring the ‘degen trading’ spirit to the masses.
11. Ethereum (ETH)
The Massive Altcoin Transforming Blockchain Technology
Ethereum is the most popular altcoin today, operating as a decentralized platform on a blockchain. It enables transparent and secure transactions without intermediaries. The primary attraction of Ethereum is its smart contract functionality, allowing developers to create and run agreements directly written into code, supporting the development of decentralized applications, NFTs, and other DeFi projects.
12. Polkadot (POT)
The Altcoin Leading the Way in Blockchain Connectivity and High-Speed Transactions
Polkadot (DOT) is a unique altcoin aiming to connect various blockchains through a single protocol. It offers parachains, or specialized blockchain networks, for developers to use for specific purposes or as test networks. Describing itself as a “layer 0 protocol” or “meta protocol,” Polkadot supports and integrates multiple Web3 initiatives.
13. Cosmos
Connecting Blockchains for Greater Efficiency and Earning Potential, Making It One of the Top Altcoins
Cosmos is a blockchain platform designed to create a network of interconnected blockchains, enabling seamless data and value transfers. It addresses challenges such as scalability and interoperability using the Tendermint consensus mechanism and IBC protocol. The native token, ATOM, is used for governance and staking.
14. Solana (SOL)
High-Speed Altcoin with Ambitious Tech and Rapid Transactions
Launched in 2017, Solana is a decentralized blockchain platform known for its high transaction speed and low fees, powered by a unique proof of history consensus mechanism. The platform’s native cryptocurrency, SOL, is used for transactions and network fees.
14. Dogecoin (DOGE)
A Fun Altcoin with a Strong Community and Growing Mainstream Adoption
Dogecoin, created in 2013 as a meme featuring a Shiba Inu Dog, has grown into a widely recognized altcoin with a massive following. It is known for its enthusiastic community and mainstream adoption of online purchases and payments.
15. LuckHunter (LHUNT)
Native Cryptocurrency of the Biggest Web3 Casino and Offers Ownership Benefits
LuckHunter is a new mixed-reality online casino with a recently released native token, $LHUNT, that’s currently in its presale stage. Holders of the presale token get exclusive benefits on the LuckHunter online gambling platform.
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%.
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.
What is the Difference Between Coin and Altcoin?
A “coin” typically refers to the main cryptocurrency, such as Bitcoin, which operates on its own independent blockchain. An “altcoin” is any other cryptocurrency that is not Bitcoin, often built on existing blockchains or as separate blockchain projects, offering alternative features or improvements over Bitcoin.
Why Should You Invest in the Top Altcoins of 2024?
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 with 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 Buy the Most Popular Altcoins?
Here is a step-by-step explanation of how to buy $PEPU – one of the best cryptos to invest in 2024. Firstly, make sure you have a compatible crypto wallet. Pepe Unchained is compatible with Best Wallet, which is one of the most secure and reliable wallets on the market today. Download one of these crypto wallets to get started. To buy $PEPU 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. Visit the Pepe Unchained 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. After the wallet is connected, choose which crypto you want to swap for $PEPU. After selecting either ETH, USDT, or BNB, enter the transaction amount and confirm the purchase.Step 1: Create a Wallet
Step 2: Fund the Wallet
Step 3: Connect the Wallet
Step 4: Buy $PEPU Tokens
5 altcoins that could surge 10-100x
With so many brand-new altcoins launching every day, it is more than difficult to distinguish which one are worth the investment. We’ve already mentioned some very attractive altcoin options in our initial list. However, let’s look at the best new altcoin projects of 2024 again, as well as their launch date.
| Best New Altcoins | Launch Date |
| Pepe Unchained | June 2024 |
| Flockerz | October 2024 |
| Crypto All-Stars | August 2024 |
| Shiba Shootout | April 2024 |
How to Trade The Top Altcoins Using Bitcoin Dominance?
Bitcoin dominance, or BTC dominance, measures Bitcoin’s market share compared to the total cryptocurrency market. It’s calculated by comparing Bitcoin’s market capitalization to that of all other cryptocurrencies combined.
BTC dominance can indicate market trends, signaling two key periods: Altseason, when altcoins outperform Bitcoin, and Bitcoin season, when Bitcoin outperforms altcoins. Understanding these patterns can help traders make informed decisions when trading altcoins.
When Bitcoin dominance decreases but its price rises, it signals that altcoins are outperforming Bitcoin in a positive market. Conversely, if both Bitcoin dominance and price decline, it may suggest a bear market, with most cryptocurrencies likely to experience drops.
If Bitcoin’s dominance and price both increase, Bitcoin will outperform altcoins. However, when dominance rises while its price falls, it suggests altcoins are doing better. Investors should be cautious of FOMO and panic-selling, which can lead to impulsive trades and short-term market fluctuations.
Which Is Better: Bitcoin or Altcoins?
Choosing between Bitcoin and altcoins depends on your investment goals and risk tolerance. Bitcoin offers stability and recognition but may have less growth potential, while altcoins offer diverse technologies and potentially higher returns, though they come with greater risk and volatility.
To ensure our readers receive unbiased, thorough, and reliable information, we conduct extensive research and analysis of a wide range of cryptocurrencies. We assess each crypto asset based on 14 distinct criteria, some of which include: By following this thorough approach, we provide comprehensive and reliable reviews tailored to the needs of crypto enthusiasts and investors alike.How We Analyze and Review Cryptocurrencies
1000+ Crypto Assets Reviewed
300+ Research Hours
14 Key Variables Evaluated
50+ Expert Opinions Examined
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 Pepe Unchained ($PEPU), a new meme token that offers staking with Layer 2 blockchain technology.
References
- https://www.bloomberg.com/news/articles/2023-02-25/solana-blockchain-hit-by-hours-long-network-slowdown-sol
- https://www.statista.com/statistics/1269302/crypto-market-share/
- https://coinmarketcap.com/
- https://www.cnbc.com/2022/11/11/crypto-peaked-in-nov-2021-investors-lost-more-than-2-trillion-since.html
