8 Top Trending Cryptocurrencies to Watch in 2024

Whether you’re a seasoned trader or a newcomer to the crypto market, there will always be a trend to follow when it comes to investing. That’s where trending cryptos jump in, offering innovative technologies, novel use cases, and the possibility for significant gains.

As such, this guide will review the top trending crypto for 2024, including key metrics such as the token’s use cases, the project’s roadmap, potential upside, and more.

Trending Cryptocurrencies List for 2024 

  1. Dogecoin20 – Green alternative to the world famous meme coin. Offers passive staking rewards.
  2. Sponge V2 (SPONGE)Renewed mene coin with over 170% staking APYs and a $100 million market cap in 2023.
  3. 5th Scape (5SCAPE)VR platform redefining gaming with blockchain. Raised $1.5M+ in presale.
  4. Smog (SMOG) Popular meme-based coin with 42% APY and high airdrop rewards.
  5. Bitcoin Minetrix (BTCMTX)Stake-to-mine crypto has raised $12M raised on presale.
  6. Fetch (FET) – Crypto network uses AI to back P2P applications with over $2 billion market cap. 
  7. Ankr (ANKR) – Crypto building blockchain nodes to support Web3 mechanisms. 
  8. SushiSwap (SUSHI) – Native token of a decentralized exchange. Nearly $400M market cap.

Full Analysis of the Top Trending Crypto in 2024

1. Dogecoin20 (DOGE20) – Earn Passive Staking rewards That Dont Cost The Earth

After reviewing a long list of trending cryptocurrencies, we found the coin with the most potential to explode in 2024 is Dogecoin20.

Built using the environmentally friendly Ethereum network, Dogecoin20 is a cheaper, faster and more secure version than its more famous cousin.

Furthermore, because the project has been built on Proof of Stake architecture, transactions across the Dogecoin20 network are also greener than the original coin.

This is because Proof of Stake mechanisms don’t use the power hungry mining equipment used in Proof of Work coins like Bitcoin and Doge.

dogecoin20 presale site

The presale is currently ongoing and the native token $DOGE20 is selling out fast. All coins available at this stage have a flat price meaning everyone pays the same amount.

Once all the presale tokens have been sold, the overall token supply is locked until the coin is registered on exchanges. This has been done to ensure that no one dumps the token on the first day of listing and crashes the price.

In total, 15% of all tokens have been reserved for staking. With 12.5% available in the first year and just 2.5% in the second, it pays to buy your tokens early. Once they are gone, they are gone.

Dogecoin20 tokenomics

Once purchased, it is quick and easy to stake your coins and get them working for you.

For more information on the project visit the official website and download the whitepaper. To keep up to date with all the latest news and project updates, be sure to follow on X and join the exclusive Telegram group.

Hard Cap N/A
Total Tokens 140 Billion
Tokens available in presale 35 Billion
Blockchain Ethereum
Token type ERC20
Minimum Purchase N/A
Purchase with USDT, ETH, & BNB

2. Sponge V2 (SPONGEV2)- Trending Token With A P2E Game And High Staking Rewards

Sponge V2 is one of the trending new cryptos with an engaging play-to-earn (P2E) game and a stake-to-bridge mechanism, and a promising minimum 173% annual yield (APY). 

Sponge V2 aims to increase market presence and user engagement by transitioning from a meme-focused approach to a utility-based model. Its innovative Stake-to-Bridge method, which permanently locks V1 tokens, ensures a seamless transition from V1 to V2 tokens.

Additionally, Sponge V2’s P2E game allows users to actively participate and earn additional tokens. The total supply of Sponge V2 is capped at 150 billion tokens, with a significant portion allocated for staking rewards and P2E gaming incentives.

Currently, the token is priced at $0.002907. Investors can join the Telegram group for regular updates and follow Sponge on X for the latest news on exchange listings and project progress.

Hard Cap N/A
Total Tokens 150 Billion
Tokens available in presale N/A
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, Card

3. 5th Scape (5SCAPE) – VR Platform Redefining Gaming With Blockchain

5th Scape is one of the trending crypto coins that merges virtual reality (VR) with blockchain and aims to redefine gaming and metaverse experience.

With the launch of ‘Cage Conquest’ an MMA-themed VR game set for release in Q2 2024, it aims to show the transformative effect it can have on the VR gaming industry. In addition to gaming, 5th Scape’s VR ecosystem will include animations and educational content, highlighting the platform’s versatility.

5th Scape’s presale kicked off January 9th, 2024, aiming to raise $15 million. Early investors can get the $5SCAPE token at a presale price of $0.00215. This price offers an appealing opportunity for investors, with the anticipated token value expected to rise by 400% during the presale phase. 

After seeing massive investor support, the platform is nearing the $1 million milestone at the time of writing. Users can join the 5th Scape Telegram channel and follow on X to keep up with the latest updates.

Presale Started January 2024
Purchase Methods ETH or USDT
Chain Ethereum
Hard Cap $15 million
Min Investment None
Max Investment None

4. Smog (SMOG) – Top Trending Crypto in 2024 Offers Airdrop and Staking Rewards

Smog ($SMOG) aims to become one of the biggest meme tokens on Solana and is conducting one of the most massive airdrop campaigns.

From a 1.4 billion token supply, Smog will allocate 35% of the tokens as airdrop rewards. Investors can start earning airdrop points by simply holding $SMOG. You can also compete in challenges and quests to earn further airdrop points. 

This new meme coin can also be staked on a smart contract to earn up to 42% in annual yields. To help Smog become one of the biggest meme tokens of the year – the project team has allocated a whopping 50% of the supply for marketing purposes. 

The token’s market cap during launch was just $2 million – and has now surpassed the $174 million mark. Stay updated with this new project by going through the Smog whitepaper and joining the Telegram and X channels

Hard Cap N/A
Total Tokens 1.4 Billion
Tokens available in presale Not a presale
Blockchain Solana
Token type SPL
Minimum Purchase N/A
Purchase with SOL, USDT, USDC or any other Solana-based token

5. Bitcoin Minetrix ($BTCMTX) -Top Trending Cryptocurrency Democratizes BTC Mining & Offers High APY Rewards

Bitcoin Minetrix ($BTCMTX) is a recently launched project that provides easy BTC mining over an Ethereum-powered smart contract framework. The result is a simple, affordable, and eco-friendly mechanism for mining BTC rewards.

It is a new concept that could be a hit among retail investors. The project has raised more than $12 million since the start of the presale. You can also stake $BTCMTX and earn up to 56% in staking APYs.

Staking rewards accrue even during the presale, while the burning of cloud credits can take place after presale completion. This campaign has undertaken a third-party smart contract audit from Coinsult, and no issues were located. It also has a well-thought-out roadmap and a 10-stage presale, with incremental price increases at each stage.

2.8 billion of the 4 billion supply is available in the presale, and currently the token is priced at $0.0141. For more info, check out the X and Telegram socials, as well as the Bitcoin Minetrix whitepaper.

bitcoin minetrix mining

Presale Started September 2023
Purchase Methods USDT, ETH, BNB
Chain Ethereum
Hard Cap $32 Million
Min Investment $10
Max Investment None

6. Fetch (FET) – Network Using AI and Automation to Back P2P Applications

Fetch.ai is the most trending cryptocurrency in 2024, offering a totally decentralized and permissionless environment. FET sets itself apart from competing platforms for a variety of reasons. 

This is because the Fetch network has use cases in a broad range of applications and sectors. This covers decentralized banking, supply chains, commodities exchanges, autonomous AI-based travel agencies, smart homes and cities, traffic and railway systems, and more.

The FET protocol has also benefited from real-world case studies. For example, Bosch Research and Fetch collaborated in 2019. In 2021, a node was put on the FET test network by the company. Bosch aimed to further its investigation into machine learning techniques with the goal of better-detecting equipment faults.

The market capitalization of Fetch at the time of writing is over $2 billion and investors can get FET for $2.66 at press time.

7. Ankr (ANKR) – Network of Blockchain Nodes For Web3 Building

Ankr is a cross-chain infrastructure built on blockchain technology. It supports dApp development and staking. With regards to the DeFi space and the creation of dApps, the project hosts several protocols.

Although this might not be one of the trending crypto coins today, it is perhaps one of the most well-known DLT (distributed ledger technology) projects in the DeFi industry. Its goal is to advance the mass adoption of Web3.

ANKR is a one of the most popular utility tokens, and it has several uses throughout the ecosystem. As of writing, ANKR has a market cap of over $480 million.

This token is a means of payment for gaining access to ANKR network services such as protocol and dApp deployment. Along with voting on recommendations for governance, ANKR can be staked. ANKR is limited to a total of 10 billion tokens

8. SushiSwap (SUSHI) – Popular Decentralized Exchange and Automated Market Maker

SushiSwap is backed by SUSHI, which has been top trending crypto on social media platforms many times. Being one of the few DEXs that adopt the AMM (automated market maker) liquidity methodology, the SushiSwap platform is well-known.

The DeFi market, which includes platforms like SushiSwap, is projected to be worth USD 398.77 billion by 2031, growing at a compound annual growth rate (CAGR) of nearly 46%.

SushiSwap is software built on the Ethereum framework. It attempts to inspire a network of users to run a marketplace where investors may purchase and exchange digital assets easily. SushiSwap employs a network of liquidity pools to do this, which is similar to the methods employed by Uniswap.

Investors first encrypt their assets using smart contracts, and dealers buy and sell cryptocurrencies from the pools, exchanging one token for another. They provide liquidity by linking their crypto wallet to the platform’s farming software and securing two assets in a smart contract.

Tips to Consider When Searching for the Most Trending Cryptocurrencies in 2024

There are many ways to pin down the top trending crypto now. However, in the interest of narrowing down the search for investors, we’ve listed the most common avenues below:

  • Reddit: Finding highly-rated crypto on Reddit is easier than ever, as there are numerous groups on this topic with huge communities. For example r/CryptoCurrency is one of the most popular groups about digital assets and has 6.1 million members as of writing. This is where traders and investors gather to share and catch up on market news, crypto assets that are likely to explode, and more.
  • Joining a Discord channel: Trending altcoins
    represent one of the most talked-about topics among users of the platform. As such, this can be a good place to start learning about upcoming ICO announcements, NFT airdrops, the top trending cryptocurrency now, and many other specialized areas of the sector. Some of the most popular channels for finding trending tokens is Jacob Crypto Bury.
  • Subscribe to crypto-specific YouTube channels: Another popular starting point for finding a top trading cryptocurrencies today is YouTube. YouTubers carry out thorough research on the top trending crypto and the latest information considering the project. 
  • Check trending crypto coins on Twitter: Twitter has over 330 million active monthly users and is becoming an increasingly popular way to find trending cryptos for 2024. Many cryptocurrencies that are trending also announce airdrops and competitions on Twitter.

Conclusion

Understanding the factors driving the trending cryptos is crucial for success in the crypto market. Even though we reviewed various options, covering gaming platforms with playable NFTs, P2E projects, and more – it is best for investors to do their own research and risk management strategy before stepping into investment.

We concluded that Dogecoin20 (DOGE20) is the top trending crypto for investing in 2024 as it offers passive staking and environmentally friendly infrastructure.

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Kane Pepi
Editor

Kane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…