10+ Most Volatile Cryptos of 2024 – Turn Volatility into Profit

The term “most volatile crypto” refers to cryptocurrencies that exhibit frequent and dramatic price fluctuations. This rollercoaster ride of volatility can be both a challenge and a golden opportunity for those who invest wisely.

In this article, we’ll list the most volatile cryptocurrency of 2024, discuss what drives crypto volatility, when cryptos are most volatile, and whether trading these digital assets is advisable.

Most Volatile Crypto – Detailed Reviews

Now that we’ve listed the highest volatility cryptos, it’s time to dive into them a little bit deeper. Read on for a full analysis of each of these assets, and decide whether any of these projects is right for you.

1. Pepe Unchained – Most Volatile Ethereum L2 Meme Coin

Pepe Unchained ($PEPU) is a new meme coin inspired by the ‘Pepe the Frog’ meme. This meme token is built on Ethereum’s layer-two (L2) chain, giving it more scalability, while charging low gas fees from token holders. 

Due to its strong presale launch and huge staking rewards, Pepe Unchained could offer huge returns in the long-term. While most meme tokens tend to offer volatile returns, very few are profitable in the long-run. 

Pepe Unchained differs from these coins as it is built on a robust blockchain network that provides greater value to token holders. Furthermore, token holders can continue generating regular income through Pepe Unchained’s staking mechanism. 

At press time, $PEPU can be staked to earn an annual yield of up to 574%. Since the staking mechanism launched, over 277 million tokens have been staked on the platform. From $PEPU’s total supply of 8 billion tokens, 30% will be allocated through staking pools, while 20% is being distributed through the presale. 

In just a few months, the Pepe Unchained presale has raised over $3.2 million. For more information, go through the Pepe Unchained whitepaper and join the Telegram channel. 

2. Memebet Token – Native Token of the Memebet Casino With Rewards and Benefits

Memebet Token ($MEMEBET) is a volatile crypto and the native token of the Memebet Casino. Because of that, token holders will get exclusive benefits like wagering bonuses, VIP rewards, and access to loot boxes with cash and NFT prizes among others.

Most importantly, early investors who buy $MEMEBET will not only get the benefits within the casino, but they could use their tokens to wager during the presale and earn airdrop rewards.

However, only purchases made on the Ethereum blockchain with ETH, USDT, or a card are eligible for claiming while the presale lasts.

This volatile crypto has already raised over $235K during the first few days of its presale, showing strong investor demand. Keep in mind, the token price goes up every few days during the presale.

Interested investors should consider buying the token as early as possible to lock in a better price, especially if they plan to participate in the presale anyway.

Read the Memebet whitepaper to learn more. Also, follow Memebet on X and join their Telegram group to stay up to date.

3. Crypto All-Stars – New Meme Coin with 3X Multiplier on Staking Rewards

Crypto All-Stars ($STARS) is an innovative new project designed to unite the meme coin landscape into a single ecosystem. Natively built on top of Ethereum, the platform has launched an innovative MemeVault staking protocol where users can stake meme coins to earn $STARS tokens.

Crypto All-Stars could yield huge returns in the long run, thanks to its strong presale start and high staking rewards. Many meme tokens are unstable and don’t last long, but Crypto All-Stars stands out by giving token holders an ecosystem that gives them real value.

Right now, holders who stake $STARS can get three times as much money as people who stake original meme coins. Out of the 42 billion token supply, 25% will be used for staking rewards, and the other 20% is reserved for the ongoing presale.

The Crypto All-Stars presale has raised over $350,000 in just a few days after witnessing high investor traction. Buyers can join the Crypto All-Stars Telegram group and follow its X account to get the latest updates.

4. Flockerz – Decentralized Vote-to-Earn Meme Platform Offers Huge Staking Rewards

Flockerz ($FLOCK) is launching a revolutionary Vote-to-Earn meme protocol that will reward token holders for participating in the decision-making process. 

$FLOCK token holders get access to ‘Flocktopia’ – the official Vote-to-Earn DAO of the project. Through this platform, users can access voting rights on future platform proposals and earn further token rewards. 

Flockerz also offers passive income through its staking mechanism. At the time of writing, $FLOCK can be staked to earn an annual yield of more than 65,000%. In the long-term, 25% of the total token supply will be distributed through staking pools. 

Another 20% of the supply is being distributed through the presale. At press time, $FLOCK is priced at $0.0055 per token. In just a couple of days, the Flockerz presale has raised over $166K. 

While meme tokens can be volatile investments, the high staking and DAO rewards could make Flockerz a good long-term investment opportunity. Learn more about this meme token by reading the Flockerz whitepaper and joining the Telegram channel. 

5. ShibaShootout – Western-themed Volatile Meme Coin

ShibaShootout emerges as one of the most volatile cryptos of 2024. Drawing inspiration from the Wild West, this meme coin venture offers investors a unique opportunity to harness volatility for profit.

ShibaShootout sets itself apart by delivering an immersive experience that transcends mere transactions. With its theme rooted in high-stakes battles and strategic gameplay, it captures the essence of the crypto Wild West. Led by the legendary Marshal Shiba and his Sharpshooters, the project invites users to embark on a digital adventure filled with creativity and excitement.

At the heart of ShibaShootout is its bustling digital settlement, Shiba Gulch, where community members engage in challenges, share memes, and experience the thrill of the showdown. Through features like Posse Rewards, Campfire Stories, and Token Governance Roundups, participants can actively contribute to the project’s growth while reaping rewards.

Investors looking to capitalize on ShibaShootout’s volatility can participate in the ongoing presale, securing discounted prices before the token gains traction. Detailed instructions for involvement can be found on the official presale page, with real-time updates available via Twitter.

As one of the most volatile cryptos of 2024, ShibaShootout presents an exciting opportunity to turn volatility into profit. With a robust roadmap ahead, it aims to solidify its position among the top meme coins in the market, offering investors a thrilling journey into the realm of crypto Wild West.

6. Sponge V2 – Highly Volatile Crypto is Upgrading its Token Using the Stake-to-Bridge Mechanism 

Sponge launched in May 2023 – instantly becoming one of the top-performing meme tokens of the year. Now, this meme coin is upgrading to a V2 token version – promising to offer more utility through its unique staking model and play-to-earn game. 

Sponge V2 ($SPONGEV2) can be accessed through the newly launched V2 smart contract. Those holding $SPONGE tokens can un-stake their holdings from the V1 smart contract and re-stake $SPONGE on the new smart contract. You receive an equal amount of $SPONGEV2 tokens once you lock your assets on the V2 smart contract. 

In no time, more than 9.9 million $SPONGE tokens have been locked on the new smart contract. At the time of writing, Sponge is offering over 68% in staking APYs. The Sponge V2 whitepaper states that the platform will also offer $SPONGEV2 through its upcoming play-to-earn racer game. 

This can be a unique way for this volatile token to attract a new customer demographic. Furthermore, the staking mechanism can increase customer retention and reduce the volatility of this token. Join the Sponge V2 Telegram channel and follow the platform on Twitter and Discord. 

7. KAI – Newly Launched Cat Meme Coin, Offers Huge Staking Rewards

KAI ($KAI) is a cat-themed meme token that wants to dethrone Doge meme coins. The $KAI token offers huge staking rewards and is selling out quickly on presale. 

While meme tokens may be volatile investments, KAI promotes long-term holding through its staking mechanism. $KAI token holders can stake tokens on the smart contract and generate regular passive income. 

Currently, $KAI stakers will receive an annual yield of up to 2,750%. As more tokens are staked, the annual yield will reduce. There is a total supply of 10,000,010,404 tokens, of which 15% will be distributed as staking rewards. Another 25% will be used to market the project. 

While $KAI may offer uncertain returns after launching on exchanges, the token is available at a fixed price through the ongoing presale. Currently, $KAI is available to purchase for $0.0043323 per token. 

In only a few weeks since the presale launched, KAI has raised more than $430K. Learn more about this cryptocurrency by going through the KAI whitepaper and joining the Telegram channel. 

8. Fight Night – Celebrity-Inspired Meme Coin With the Potential to 10x After CEX Listing

Fight Night is one of the most volatile cryptocurrencies mostly because it’s a meme coin. Meme coins are inherently volatile as they offer no value other than price speculation. What makes Fight Night different, however, is that the $FNIO token goes beyond meme coin; it will have play-to-earn utility – and will support charities like UNICEF and Save the Children.

Currently, $FNIO is in a presale where early investors can buy the token at a low price with ETH, USDT, or a card before it lists on exchanges. Once it is listed, the price will be different. During the presale, consider staking your tokens to earn over 9,000% dynamic APY.

After the presale ends, Fight Night will release a retro-style boxing game where you play Tyson who is struck by lightning and teleported to Muhammad Ali. Ali gives him “Fist”, the magic gloves and sends him on a quest to defeat evil Jake and his minions.

By playing the game, you will earn $FNIO tokens. You can then cash out or stake to get in-game benefits and advantages.

Additionally, Fight Night will launch casino games with the boxing theme where $FNIO and exclusive NFTs will be among the top rewards. There will also be a webtoon series released on Webtoons.com. Follow Fight Night on X and join the Fight Night Telegram channel to stay up to date.

9. Shiba Inu – Emerging Meme Crypto With High Volatility and Upside Potential

Shiba Inu (SHIB) has attracted considerable interest due to its highly volatile nature, presenting traders with potential opportunities to capitalize on price swings.

Established in August 2020 by an anonymous entity or group called “Ryoshi,” SHIB was originally conceived as a meme coin, adopting its name and logo from the Shiba Inu dog breed made famous by Dogecoin. However, it has since become a significant meme coin arena contender.

SHIB’s decentralization is crucial, meaning it is free from control by any central authority or financial institution. Utilizing the Ethereum blockchain, the currency offers a secure, transparent, and tamper-proof transaction platform, facilitating peer-to-peer exchanges without intermediaries.

SHIB’s deflationary token strategy encourages long-term holding by decreasing overall supply, consequently increasing the token’s value. Furthermore, some tokens have been locked in liquidity pools and burned to enhance scarcity.

ShibaSwap, a decentralized exchange (DEX) within the Shiba Inu ecosystem, stands out as a key element. It enables users to trade multiple cryptocurrencies, stake tokens, and generate passive income via yield farming. In addition, the Shiba Inu project aims to broaden its ecosystem by creating an NFT marketplace and a gaming platform.

10. Dogecoin – A Recognized Meme Coin with Inflationary Tokenomics

Dogecoin (DOGE) is one of the most volatile cryptocurrency that presents traders with opportunities to capitalize on price fluctuations.

Created in December 2013 by Billy Markus and Jackson Palmer, Dogecoin started as a joke, deriving its name and logo from the popular Shiba Inu dog meme. Despite its humorous origins, Dogecoin has evolved into a widely recognized digital currency in the crypto market.

One of the fundamental features of Dogecoin is its fast and inexpensive transactions, making it suitable for micropayments and everyday use. Its block time of one minute allows for quick confirmations, and the low transaction fees ensure that users can transfer funds without incurring significant costs.

In terms of supply, Dogecoin differs from many other cryptocurrencies as it has an uncapped supply. This inflationary model encourages spending and discourages hoarding, fostering circulation and usability. However, this also means that the value of DOGE may not increase as rapidly as other deflationary cryptocurrencies.

11. ApeCoin – Powers the Exclusive Bored Ape Yacht Club Ecosystem and Gives Holders Unique NFT benefits

ApeCoin, which has been noted as one of the most volatile crypto for day trading, serves as the native utility token for the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) communities. These communities are prominent non-fungible token (NFT) projects created by Yuga Labs.

The token enables holders to participate in governance decisions and access exclusive content, events, and experiences within these communities. By linking the token to popular NFT projects, ApeCoin aims to leverage the growing interest in digital art and collectibles.

Another key aspect of ApeCoin is its tokenomics, which follows a deflationary model. With a fixed supply of one billion tokens, scarcity plays a significant role in driving the token’s value. A portion of the tokens is allocated to the community treasury, ensuring funds for the project’s ongoing development and community initiatives.

ApeCoin’s utility extends beyond the BAYC and MAYC ecosystems. The token is designed to serve as a medium of exchange, store of value, and unit of account for various web3 applications and platforms.

12. XRP – Streamlines Cross-Border Payments with Fast, Low-Cost Transactions

XRP, the digital asset native to the Ripple protocol, has attracted substantial attention in the crypto world. Although some may refer to it as one of the “most unstable cryptocurrency” options due to potential regulatory and market risks, XRP possesses several distinctive features that set it apart from other cryptos.

Firstly, XRP boasts rapid transaction speeds, with confirmations taking as little as 3-5 seconds. This is significantly faster than Bitcoin and Ethereum, which can take minutes. Secondly, XRP transactions have a negligible cost, making them an affordable option for retail and institutional users.

Another notable feature is the high scalability of XRP. The Ripple protocol can handle 1,500 transactions per second (TPS), outperforming some of the best cryptocurrency to buy right now. This scalability allows for efficient and seamless cross-border payments, making XRP an attractive choice for banks and financial institutions.

13. Solana – Offers Speed and Scalability on its Smart Contracts Platform

Solana, a high-performance blockchain platform, has become popular among crypto enthusiasts. While some might associate it with being the “crypto with highest volatility,” this innovative network offers impressive features that make it stand out in the rapidly expanding crypto space.

One of Solana’s most remarkable features is its speed. Solana outshines many of its competitors with a capacity to process over 50,000 TPS, providing lightning-fast transaction confirmations. The network’s unique consensus mechanism, Proof of History (PoH), makes this speed possible.

Another notable aspect is its low transaction fees. Thanks to Solana’s efficiency, users enjoy minimal costs when executing transactions, making it a cost-effective choice for everyday use. Furthermore, the platform supports smart contracts, allowing developers to create and deploy decentralized applications (dApps) easily.

Scalability is another crucial feature of Solana. As the number of users and transactions on the network grows, Solana can maintain its performance without compromising speed or security. This adaptability makes it an attractive option for a wide range of applications.

14. Polkadot – Facilitates Seamless Communication Between Different Blockchains

Polkadot’s unique features have attracted attention, despite its high volatility. The platform aims to provide interoperability, scalability, and security, making it a highly sought-after digital asset.

Interoperability is a distinguishing factor for Polkadot, allowing seamless communication between various blockchains. This cross-chain functionality fosters collaboration and information sharing, which promotes innovation in the blockchain ecosystem.

Scalability is another essential feature of Polkadot. It utilizes parachains – parallelized chains that run simultaneously – to process multiple transactions at once, boosting the network’s overall capacity. This efficient system reduces congestion and transaction times, improving user experience.

Lastly, Polkadot’s security model ensures the safety of its network. It employs a shared security system, where each connected blockchain benefits from the same level of protection. This eliminates the need for individual chains to maintain their security, lowering barriers to entry for new projects.

What is Volatility in Cryptocurrency?

Volatility in cryptocurrency refers to the rapid and unpredictable fluctuations in the value of a digital asset, such as Bitcoin, Ethereum, or any other cryptocurrency. In essence, it represents how much the price of a specific crypto can change over a short period, either increasing or decreasing in value.

What Affects a Crypto’s Volatility?

We’ll list several of the features that make certain digital assets high volatile crypto.

1. Market Sentiment: People’s perception of a cryptocurrency can impact its volatility. For example, a positive news story about Ethereum may drive more investors to buy, causing its price to rise. Conversely, negative news can lead to panic selling and price drops.
2. Adoption Rate: The more widely a cryptocurrency is used and accepted, the more stable its price will likely be. For example, Bitcoin is more established and widely used than many newer cryptocurrencies, which is why it’s not a highly fluctuating cryptocurrency.
3. Market Liquidity: A liquid market has many buyers and sellers, making it easier to trade assets without causing significant price changes. Illiquid markets, on the other hand, can experience large price swings due to limited trading activity. Smaller cryptocurrencies with lower trading volumes are typically more volatile than those with higher volumes.
4. Regulatory Environment: Government regulations can significantly impact a cryptocurrency’s price. For instance, if a country decides to ban or heavily regulate crypto, it may decrease demand and increase volatility.
5. Technological Developments: Advances in blockchain technology or the release of new features can affect a cryptocurrency’s price. For example, if a popular platform like Ethereum introduces a major upgrade, it may cause its price to increase due to heightened interest and usage.

How to Find Volatile Crypto

Finding the most volatile crypto coins involves identifying those digital assets that experience significant price fluctuations. Here are some steps to help you them easily:

1. Research: Start by researching various cryptocurrencies and their historical price movements. Websites like CoinMarketCap or CoinGecko provide information on various cryptocurrencies, including their price history and market data.
2. Analyze Price Fluctuations: Observe the percentage changes in a cryptocurrency’s price over different periods (daily, weekly, or monthly). Currencies with large price swings are considered more volatile. For example, if Coin A changes 5% daily while Coin B changes 1%, Coin A is more volatile.
3. Trading Volume: Examine a crypto’s trading volume, which indicates the number of transactions within a specific time frame. Lower trading volumes often correspond to higher volatility, as fewer trades can cause more significant price changes. Smaller, lesser-known cryptocurrencies usually have lower trading volumes than established coins like Bitcoin or Ethereum.
4. News and Events: Stay informed about developments within the crypto world. Regulatory announcements, technological breakthroughs, or high-profile partnerships can trigger sudden price changes. Following crypto news sources and social media channels can help identify potentially unstable cryptocurrencies.
5. Use Screening Tools: Some platforms help you find volatile cryptocurrencies. For example, TradingView has a screener tool that filters digital assets based on specific criteria like price changes, volume, and market cap.

When Are Cryptocurrencies the Most Volatile?

While it’s challenging to pinpoint the exact times when cryptos are most volatile, certain situations can lead to increased price fluctuations:

1. Market Openings: Cryptocurrencies are traded 24/7 across multiple time zones. However, traditional financial markets have specific opening and closing times. Increased trading activity at the beginning and end of traditional market hours can cause price spikes and heightened volatility.
2. Market Sentiment Shifts: Sudden shifts in market sentiment, driven by fear, uncertainty, or greed, can lead to increased volatility.
3. Forks and Upgrades: When a cryptocurrency undergoes a significant update or “fork,” which creates a new version of the blockchain, it can increase volatility.
4. Market Manipulation: Large players, known as “whales,” can impact the market by making substantial buy or sell orders. These actions can create temporary price spikes or drops, increasing the cryptocurrency’s volatility.
5. Economic Turmoil: Global economic uncertainty, such as during the COVID-19 pandemic, can increase interest in cryptocurrencies as an alternative investment. This heightened attention can cause significant price fluctuations.

Are the Most Volatile Cryptos Suitable for Day Trading?

Trading some of the most fluctuating cryptocurrency can be both a high-risk and high-reward endeavor. The crypto with the highest volatility often attracts traders due to its potential for massive profits. However, it’s essential to consider the risks involved and whether you have the experience, knowledge, and risk tolerance to navigate these markets successfully.

The most volatile cryptos experience significant price fluctuations within short periods, making them unpredictable and risky. For seasoned traders with a robust understanding of the market, these fluctuations provide opportunities to make quick profits through short-term trading strategies. However, the risk of loss is much higher for beginners or those with limited knowledge.

When trading volatile cryptos, it is crucial to have a clear plan and stick to it. This includes setting stop-loss orders to minimize potential losses, diversifying your investments to spread risk, and being prepared to accept losses as part of the trading process.

Educating yourself on the crypto with the highest volatility you plan to trade is also essential. Understand the project behind the cryptocurrency, its fundamentals, and the factors that influence its price fluctuations. By doing so, you will be better equipped to make informed decisions and limit potential risks.

Conclusion

In conclusion, understanding the most volatile crypto might be crucial in today’s crypto market. We’ve discussed the reasons behind the volatility and highlighted why it might not always be negative, as it can lead to potential gains.

One such crypto is Pepe Unchained ($PEPU). This is a new meme token built on Ethereum’s L2 blockchain. Pepe Unchained offers fast transaction speeds, low gas fees, and provides huge staking rewards to $PEPU token holders.

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