Best Crypto to Buy Now – The 10+ Top Cryptos of 2024

Created in 2009 by anonymous Satoshi Nakamoto, Bitcoin is the original cryptocurrency and, for many people, the best crypto to invest in. It has become a household name and has attained widespread mainstream adoption. Bitcoin has also managed to sustain its top rank as the first cryptocurrency with the largest market capitalization.

It is based on the proof-of-work mining consensus where participants on the network compete with each other to be the first to validate the new block of data on the blockchain. The first one to do so is rewarded 6.25 BTC, the amount that was halved in April 2024. This event is probably the most popular one in the crypto world, and it’s known as the Bitcoin halving, which has a positive impact on Bitcoin’s price and most of the other crypto’s prices as well.

Ethereum is the second most popular cryptocurrency in the world that managed to become the biggest alternative to Bitcoin in terms of market value. Ethereum has many more use cases than Bitcoin, the most important of which is probably creating all sorts of web3 products, such as dApps, NFTs, smart contracts, DeFi services, other crypto coins, etc. None of these is possible to create on Bitcoin’s blockchain. 

Unlike Bitcoin, Ethereum no longer uses proof-of-work consensus. Instead, the project has switched to the more eco-friendly proof-of-stake protocol, which also allows for a larger number of users to act as validators and maintain the network’s stability. This approach does not require mining equipment, and users become validators by purchasing and staking a certain amount of ETH tokens, 32 to be precise if you want to operate a full node.

Solana (SOL) is an ultra-fast blockchain and, for some, the next Ethereum. It also saw enormous popularity and gains in 2021, hitting an all-time high of nearly $260. The token reached $75 billion in total market capitalization but dropped to nearly $4 billion soon after before recovering. Part of the reason for such a huge drop was the FTX controversy, after which Sam Bankman-Friend, the cryptocurrency exchange’s founder, got into legal troubles with the SEC.

Solana’s main advantages over Ethereum consist of higher transaction speed and lower transaction fees. The network is based on the proof-of-stake consensus mechanism but also uses the proof-of-history consensus. The latter solves the scalability issue, at least significantly better compared to Ethereum and a few other top-rated crypto coins. One can develop all sorts of dApps on the platform, but it is particularly popular for hosting some of the best meme coins.

Founded in 2021, Ripple is a popular global payments network that operates using its native XRP token. Roughly speaking, the project acts as a crypto version of the well-known SWIFT banking system. In fact, one of Ripple’s main goals is to replace or at least facilitate the SWIFT system. Even though this is still a work in progress, the project has already gained traction and huge popularity among investors and ordinary users alike.

Like any other crypto, Ripple is based on blockchain technology, but its network does not work the same way as the other best cryptocurrencies on our list do. Its blockchain does not use the mining system. Rather, it’s based on a consensus framework where ordinary users cannot become transaction validators. This is a privilege assigned to specific authorities, such as international banks.

Launched in 2017, Cardano is another popular cryptocurrency project that aims to compete with Ethereum and Solana in the smart contract market, among other things. Roughly speaking, Cardano works the same way Ethereum or Solana do, but with distinctive features allowing it to be more scalable and easier to use for developers because it uses two layers of technology – one for transferring value and another for tracking balances of the ledger. As a result, ADA, Cardano network’s native token, is known to be the best coin to buy now in terms of anonymity.

Cardano will be remembered as one of the first crypto projects to implement the proof-of-stake concept, reducing the vast amount of energy consumption required by proof-of-work networks, such as Bitcoin, for example. This was a huge step forward for the entire crypto space, considering the increasing number of Bitcoin miners and complexity of their mining equipment.

Tether is 10 years old and is the world’s best and most famous stablecoin. Unlike other cryptocurrencies, stablecoins have a stable value, as the name suggests, meaning their price is always $1. This is achieved due to a complex financial system where the organization behind the coin adds or “burns” fiat money from the escrow account according to the market demand.

For example, if today’s global demand for Tether amounts to 1 billion tokens, iFinex, the company that owns Tether, will adjust its USD reserves to match the demand; that is, the escrow account will amount to $1 billion. As a result, Tether’s value is always pegged to the US Dollar.

Even though the way Tether works might sound confusing, especially to novice crypto users, using the coin is quite simple.

We have picked Pepe Unchained as it is one of the first meme coins to embrace the layer-two (L2) blockchain. Pepe Unchained offers several benefits, such as reduced operational costs and increased efficiency, which allow Pepe Unchained to offer huge staking rewards. At press time, one can stake $PEPU and earn an annual yield of more than 110%. Being an L2 token, Pepe Unchained offers higher transaction processing speeds and promises low gas fees. 

Currently, 20% of $PEPU’s total 8 billion token supply is being allocated through presale. Within a few months, Pepe Unchained has raised almost $17 million on presale.

Crypto All-Stars is one of the best crypto tokens due to its revolutionary staking mechanism – the ‘MemeVault.’ This vault supports the staking of the world’s best meme coins – such as Dogecoin, Pepe, Shiba Inu, and Floki Inu. By staking these tokens, investors can earn $STARS tokens as an annual yield. 

Crypto All-Stars’ $STARS token has quickly raised over $2.1M in its presale, indicating high demand and potential post-listing value. The platform incentivizes adoption by offering $STARS holders a 3x APY boost in the MemeVault, making it an attractive option for investors seeking enhanced staking rewards.

$FLOCK token holders gain access to ‘Flocktopia,’ the platform’s innovative decentralized autonomous organization (DAO). Within this DAO, users have voting rights to shape the future of the ecosystem, and notably, Flockerz rewards participants with additional $FLOCK tokens for their voting contributions.

Flockerz offers high-yield staking for $FLOCK tokens, with APY up to 3134% and 25% of total supply allocated to staking pools. The presale has quickly raised over $580k, potentially leading to major exchange listings. With its vote-to-earn model and staking benefits, $FLOCK aims for long-term value growth and passive income generation.

We have picked Memebet Token due to its multiple use cases and earning potential. Firstly, early investors who purchase $MEMEBET on presale can wager their holdings on the casino. Doing so will entitle you and others to huge play-to-earn gaming airdrops. 

Memebet allocates 20% of its 2 billion $MEMEBET tokens for casino rewards and airdrops, with higher wagering leading to more earnings. Top holders gain VIP community access with exclusive bonuses, while future plans include NFT and cash prize lootboxes. The ongoing presale offers tokens at $0.0257 each, with 1.4 billion tokens distributed over 30 rounds.

Shiba Shootout is probably the top Western-themed cryptocurrency out there. It combines the appeal of meme coins with the Western P2E style combat, featuring none other than the Shiba Inu doge meme as a cowboy. The game has not yet been launched, but it has already been approved by both Google and Apple stores.

As far as the token is concerned, $SHIBASHOOT is currently on presale, which means you can buy it at a lower price. The project offers several utilities that make it different from other meme coins. It comes with high staking APYs, which are currently 790%. It also offers a referral bosun who will earn tokens when they refer a friend. A “Lucky Lasso Lottery” also allows token holders to win big crypto prizes. These features, together with the fact that token holders have a say in the projects, are why this crypto is one of the best cryptos to invest in today.