If you’re looking for the best altcoins to buy right now, you’ve come to the right place. After extensive research, we found top altcoins with the potential for high returns.

This guide will explain what makes these altcoins unique and why we chose them. In addition, you’ll find a segment in which we’ll show you how to choose the best altcoins to invest in 2024.

  • Fast and efficient transactions thanks to the Layer 2 implementation
  • Staking awards doubled
  • Lower gas fees than with Layer 1 one transactions
Project Launched
June 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • USDT
    USDT
  • Card
    Card
  • +1 more
  • New meme coin with groundbreaking AI technology
  • 20% of $69 billion token supply allocated for community rewards
  • Earn massive staking rewards of over 5700% daily during the presale
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • MATIC
    MATIC
  • BNB
    BNB
  • +1 more
  • Play through Tamagotchi-style games to earn $PLAY tokens
  • $PLAY is designed to have value both within the game and in the broader crypto market
  • Fostering engagement as players strive to maintain their pet’s happiness and health
Project Launched
May 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • USDT
    USDT
  • Card
    Card
  • +1 more
  • Lucrative staking rewards program with a massive APY
  • It's a governance token with community at the centre
  • Raised over $100,000 in just a few days
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Combining popularity of Base with the appeal of dog meme coins
  • Decentralized platform offering users the freedom to explore and invest across multiple blockchains
  • Planned listing on CEX and DEX
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • SOL
    SOL
  • BNB
    BNB
  • MATIC
    MATIC
  • USDC
    USDC
  • USDT
    USDT
  • +3 more
  • Join the $2,250,000+ USD airdrop for casino players with $DICE
  • $DICE holders can enjoy 25% revenue share for referring new users to the platform
  • Earn daily rewards based on casino performance with $DICE
Project Launched
April 2024
Purchase Methods
  • USDT
    USDT
  • SOL
    SOL
  • ETH
    ETH
  • BNB
    BNB
  • +1 more
  • Rewards users for learning about crypto
  • Offers staking rewards exceeding 44,000% and multi-chain functionality via Ethereum and BSC
  • Access advanced trading courses and VIP community groups with $99BTC token
Project Launched
April 2024
Purchase Methods
  • BNB
    BNB
  • USDT
    USDT
  • Card
    Card
  • ETH
    ETH
  • +1 more
  • Price surged 10x in the last month
  • Over 13k current holders
  • Meme coin trending with P2E utility and lucrative staking rewards
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Card
    Card
  • P2E game launched for iOS and Android devices
  • AI-powered crypto project
  • Over $3.4 million raised, high APYs
Project Launched
June 2023
Purchase Methods
  • USDT
    USDT
  • Card
    Card
  • BNB
    BNB
  • Earn passive rewards while celebrating the legacy of Dogecoin
  • Seamlessly add Doge2014 in your EVM wallet such as MetaMask
  • Secure and transparent staking on Ethereum's blockchain
Project Launched
June 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • Card
    Card
  • Launching on 4.5 million devices and in nine countries in 2024
  • Fully compliant with regulatory standards
  • Unmatched cost efficiency
Project Launched
June 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • USDT
    USDT
  • BASE
    BASE
  • AVAX
    AVAX
  • MATIC
    MATIC
  • USDC
    USDC
  • Card
    Card
  • +5 more
  • Earn by joining the F1 racing prediction market
  • Use $BDJ to enter new races and claim exclusive rewards
  • Participate in the end-of-season jackpot
Project Launched
June 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • USDT
    USDT
  • Card
    Card
  • +1 more
  • The first ever AI power crypto casino offering airdrops and games
  • All presale buyers can earn up to 50% site credits and daily staking rewards
  • All #HPLT holders get a share of the profits through the official casino
Project Launched
March 2022
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • USDC
    USDC
  • Offers significant market potential with optimistic price predictions
  • Holders benefit from reflections, earning tokens automatically through every transaction
  • Active and supportive community, fostering collaboration and shared success
Project Launched
2024
Purchase Methods
  • ETH
    ETH
  • Over 11,800 participants have joined the presale, raising more than $4.8M
  • Audited by Certik with an A grade and an 82+ score
  • Earn Booster Points by inviting others to participate in the presale
Project Launched
February 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • MATIC
    MATIC
  • USDT
    USDT
  • Card
    Card
  • +2 more
  • 100% bonus limited for the early investors
  • Strategic burning of millions of tokens yearly
  • Fully secure and audited
Project Launched
2024
Purchase Methods
  • ETH
    ETH
  • USDC
    USDC
  • USDT
    USDT

Top Altcoins to Invest in Right Now

  1. Pepe Unchained — One of the top altcoins to buy offering impressive staking rewards
  2. WienerAI — Part crypto, part sausage; best altcoin to stake for rewards
  3. PlayDoge — BNB native token, combining play-to-earn and the beloved Doge meme
  4. Shiba Shootout — A new altcoin that aims to attract investors by offering lucrative APY that goes up to 158,466%
  5. Base Dawgz — Multi-chain altcoin with creative share-to-earn rewards
  6. Mega Dice — Fast-growing casino brand with over 50k players globally
  7. 99Bitcoins — Coming from a well-established YouTube community, a top new learn-to-earn token
  8. Sponge V2 — The successor to the Sponge V1 token with the potential to outgrow it
  9. eTukTuk — Earn $TUK tokens by racing through the streets of Sri Lanka in a new exciting P2E game
  10. Doge2014 — One of the altcoins with most potential, offering 60 billion tokens at presale
  11. SpacePay — Empowering merchants with next-gen payments and consumers with 325 wallet options
  12. Race to a Billion – One of the Most Promising Altcoins With an Innovative Concept
  13. HypeLoot — Best altcoin for AI and online casino enthusiasts
  14. Kounotori — Altcoin with a substantial return potential, aims to establish CEX that combines DeFi and centralized features
  15. BlastUP — A hot new Layer 2 altcoin with $5 million raised so far
  16. Baby Sinclair — An innovative AI crypto project with an impressive roadmap
  17. Ethereum — An altcoin with the largest market cap

17 Best Altcoins to Buy — Reviewed

There are over 17,000 altcoins on the market. Some are well-known, while others are new altcoins and have been reviewed regarding their features and use cases. However, for our guide, we have selected some of the top-performing altcoins to buy now. Here’s a detailed analysis of top altcoins to buy now and why we think they are a good choice.

1. Pepe Unchained – One of the Top Altcoins to Buy Offering Impressive Staking Rewards


Blockchain: Ethereum Layer-2

Token symbol: $PEPU

Current Price: $0.008

best altcoins pepe unchained

Why We Picked It

  • Impressive staking rewards 
  • Layer-2 technology
  • Meticulous roadmap

Have you heard about Pepe Unchained ($PEPU) a substantiation upgrade from Pepe that provides enhanced security, speed, and scalability? It features Pepe experiencing a burst of intelligence and breaking free from its chains.

That’s because of its Layer-2 technology, a framework built on top of the Layer-1 blockchain. The new technology prevents the issues commonly found with Layer-1 blockchain, such as high fees and slow transaction speeds, making it one of the altcoins to watch.

Pepe Unchained has a total supply of eight billion tokens, 20% of which is allocated to the presale. Moreover, 30% is distributed to staking, 20% to marketing, and 10% each to liquidity, chain inventory, and project finance. The current $PEPU price is $0.008.

This top altcoin has a three-step roadmap, with each step supporting sustainability, growth, and community rewards.

2. WienerAI — Part Crypto, Part Sausage; Best Altcoin to Stake for Rewards


Blockchain: Ethereum

Token symbol: $WAI

Current Price: ~ $0.00072

best altcoins - wienerai

Why We Picked It

  • Combination of AI and meme coin fundamentals
  • Transparent presale event
  • High staking rewards

WienerAI emerges as one of the best new altcoins on the market today. It combines the rising interest in meme coins with AI. As one of the first projects to merge AI and dog-teamed coins, it tries to surpass other competitors like Dogecoin and Bonk.

In addition, WienerAI offers huge 252% staking rewards for all new investors who purchase the coin during its current presale. Although this coin was launched a few weeks ago, we can already see the interest, as it has raised over $6 million.

If you want to purchase this altcoin, you should do so sooner rather than later since the price increases after two days. If you purchase it today, you can get it at a price of $0.00072.

3. PlayDoge — BNB Native Token, Combining Play-to-Earn and the Beloved Doge Meme


Blockchain: Binance Smart Chain

Token symbol: $PLAY

Current Price: ~ $0.00513

best altcoins - playdoge

Why We Picked It

  • $PLAY tokens staking at a high rate of 181%
  • Play-to-Earn mechanism incentivizing active engagement
  • Community-Driven development

PlayDoge is a mobile-based P2E game that allows players to care for their pets and earn rewards. The design of this altcoin is inspired by 90s gaming culture. 

Among the best altcoins of 2024 so far, the native token $PLAY uniquely combines two niches: dog memes and P2E games. This is also a BEP-20 token that runs on the Binance Smart Chain, which indicates that this altcoin could be listed on Binance once its presale ends.

For those wondering which altcoins to buy, consider the $PLAY token. Early investors can use it to earn in-game and staking rewards, and its APY is massive—currently at 181%. The $PLAY token has a total supply of 9.4 billion, of which 30% will go towards the presale.

This meme gaming coin will eventually be listed on CEX and then DEX. So far, this project has raised over $5.1 million.

4. Shiba Shootout — Wild West-Inspired Altcoin That Managed to Raise Nearly $4,000 in Less Than 24 Hours


Blockchain: Ethereum

Token symbol: $SHIBASHOOT

Current Price: ~ $0.0193

shiba shootout logo

Why We Picked It

  • Utility and referral program that earns you tokens and the friends you refer
  • Meme coin with high speculative value
  • Could benefit from changing market sentiments

Shiba Shootout started its presale on April 9, 2024. This unique Western-based altcoin raised almost $4,000 in less than a day, which shows that it could have a big impact on the crypto community.

That’s why its developers divided Shiba Shootout’s roadmap into three phases with the hope of attracting 100,000+ holders. They also plan to enter community partnerships and list the $SHIBASHOOT token first on CoinGecko and Coinmarketcap, then on CEXs and T1 exchanges.

Besides its captivating theme, this altcoin also offers utility. Token holders can earn rewards and bonuses by participating in the Lucky Lasso Lottery and the referral program. Moreover, early investors can earn attractive staking rewards distributed over a two-year period at a rate of 125.5 $SHIBASHOOT tokens per ETH block.

It is on our alt coins list with a current high APY of 2,325%.

5. Base Dawgz — Multi-Chain Altcoin With Creative Share-to-Earn Rewards


Blockchain: Ethereum, Solana, Binance Smart Chain, Avalanche

Token symbol: $DAWGZ 

Current Price: ~ $0.00527

best altcoins - base dawgz

Why We Picked It

  • Available across five top blockchains
  • Be Social for Airdrop feature
  • Wormhole and Portal Bridge technology

Base Dawgz ($DAWGZ) is one of the best altcoins to buy today. It’s the latest Base network meme coin, inspired by the cultural phenomenon of the Shiba Inu and the spirit of extreme sports.

Not only does the project offer staking rewards, but its mult-chain functionality truly sets it apart. You can store, trade, and claim it on Solana, Ethereum, BNB Chain, Avalanche, and Polygon. What makes all of this possible is the Wormhole and Portal Bridge technology, which allows for smooth cross-chain transfers and interactions.

One of its other promising features is the Be Social for Airdrop option. This allows users to share content about the project on social media and get free crypto.

The total supply is 8,453,000,000 tokens, 20% of which are allocated for the presale. The price increases at a 5% rate every five days, so it is definitely a top altcoin to buy now. Moreover, this project has raised $1.8 million so far.

6. Mega Dice — Top Altcoin by Fast-Growing Casino Brand With Over 50k Players Globally


Blockchain: Solana

Token symbol: $DICE

Current Price: ~ $0.075

best altcoins - mega dice

Why We Picked It

  • Fully-functioning casino and sportsbook
  • $DICE holders who stake will earn a share of the casino profits
  • Multiple airdrop seasons offering substantial rewards 

Mega Dice offers instant accessibility by integrating with Telegram, eliminating the need for extra downloads. It ensures safe gaming experiences. Real-time community engagement fosters continuous interaction and feedback.

The $DICE token goes beyond currency — its utility extends to partner platforms, services, and potential future integrations.

The current price of this top new altcoin stands at only $0.075. If you invest early, you might be one of the lucky recipients of airdrop tokens, which will be delivered in four stages.

The presale supply is limited to 35% of the total supply or 147 million tokens.

7. 99Bitcoins — Coming From a Well-Established YouTube Community, Top New Learn-to-Earn Altcoin


Blockchain: Ethereum

Token symbol: $99BTC

Current Price: ~ $0.0011

best altcoins - 99bitcoins

Why We Picked It

  • A strong community with over 700,000 YouTube subscribers and 2 million registered users
  • Learn about crypto and earn $99BTC
  • Built on the BRC-20 token standard on the Bitcoin blockchain

99Bitcoins, a renowned community in the crypto space, has launched a revolutionary learn-to-earn platform centered around the $99BTC token. 99Bitcoins combines educational resources with incentivized learning.

Through interactive modules, quizzes, and tutorials, users can enhance their crypto knowledge while earning $99BTC tokens. These tokens unlock access to exclusive content, discounts, and even VIP events, rewarding users for learning about the crypto market.

Holders of the $99BTC token gain access to additional perks like staking rewards, exclusive trading webinars, and VIP community groups. Plus, the platform offers insights into cutting-edge topics like BRC-20 tokens, the Bitcoin halving effect, and the best crypto trading signals.

You can join the 99Bitcoins community early to participate in the $99,999 airdrop before it’s listed on major crypto exchanges.

8. Sponge V2 — The Successor to the Sponge V1 Token With the Potential to Outgrow It


Blockchain: Ethereum, Polygon

Token symbol: $SPONGEV2

Current Price: ~ $0.00011

best altcoins - spongev2

Why We Picked It

  • Features Stake-to-bridge system
  • Over 13k current holders
  • Offers amazing returns for early buyers

Sponge V2 ($SPONGEV2) is the successor of the popular Sponge V1 meme coin, which has so far raised $28 million. While the V1 token operates on Ethereum, the V2 token will run on Polygon to facilitate faster transactions, lower costs, and enhance security. This shift to Polygon was also made so Sponge could deliver a decentralized P2E game.

This project’s roadmap includes three stages, and the $SPONGEV2 token is set to launch in 2024. Sponge V2 uses stake-to-bridge consensus, which means that Sponge V2 tokens can be obtained only by staking Sponge V1 tokens. The total supply of $SPONGEV2 is 150 billion tokens, of which 43.09% will go to staking rewards.

If Sponge V2 reaches a $100 million market cap by the end of 2024, its value could jump much higher than its predecessor.

9. eTukTuk — A P2E Mobile Game for Android and Apple Users Set in Sri Lanka


Blockchain: BNB Smart Chain

Token symbol: $TUK

Current Price: ~ $0.0335

best altcoins -- etuktuk

Why We Picked It

  • P2E game launched for iOS and Android devices
  • AI-powered crypto project
  • Over $3.4 million raised, Offers high APYs

On our best altcoins list is eTukTuk ($TUK), one of the top eco-friendly cryptocurrencies whose goal is to support green transportation. eTukTuk uses blockchain technology to revolutionize transportation systems in developing countries.

Its developers recently released their P2E game in which players can earn $TUK tokens by racing through the streets of Sri Lanka and picking up passengers. eTukTuk also uses the PoS consensus. This means that token holders will be able to earn staking rewards, which currently stand at 82%.

As for its tokenomics, $TUK is a BEP-20 token and it can only be staked on the BNB Smart Chain network. Its total token supply is two billion, with only 6% available in the presale.

So far, the project has raised over $3.5 million, while the price of 1 $TUK token is currently $0.0335. That said, by the end of 2024, its price could reach $0.072.

10. Doge2014 – One of the Altcoins With Most Potential, Offering 60 Billion Tokens at Presale


Blockchain: Ethereum

Token symbol: $DOGE2014

Current Price: $0.00027

best altcoins - doge2014

Why We Picked It

  • Great stake-to-earn rewards
  • Easy wallet integration
  • Community-driven initiative

If you wonder what altcoins to buy now, consider Doge2014. It is a tribute to the legacy of the well-known Dogecoin and the community that has supported it over the last ten years.

You can buy Doge2014 by following some simple steps: connecting your wallet, participating in the presale, and claiming the tokens when the presale ends. Doge2014 has the same price as 2014 Dogecoin: $0.00027. So far, the project has raised $785.2.

This ERC20 token allows its users to engage in transparent and secure staking, earning rewards even during the presale. The reward distribution will occur at a rate of 5,708 Doge2014 tokens per Ethereum block. 

There is a total token supply of 100 billion. 60% of these tokens are reserved for the presale, 5% for marketing, 25% for staking, and 10% for liquidity. The project also offers a meticulous four-phase roadmap.

11. SpacePay — Empowering Merchants With Next-Gen Payments and Consumers With 325 Wallet Options


Blockchain: Ethereum 

Token symbol: $SPY

Current Price: $0.00147

best altcoins - spacepay

Why We Picked It

  • Provides a decentralized, terminal-agnostic payment protocol
  • Secured $750,000 from Private Investors
  • Holders can get a share of the platform’s revenue, exclusive access to webinars, and voting power

$SPY is a multi-utility altcoin designed to bridge the gap between fiat and crypto transactions. How? By providing a decentralized, terminal-agnostic payment protocol that will facilitate transactions and reduce costs.

SpacePay also utilizes volatility protection mechanisms. This means that merchants will get the fiat amount they agreed upon regardless of the current price of the cryptocurrencies at the time of transaction. Likewise, this platform is compatible with 325+ crypto wallets and all Android POS terminals.

SpacePay, to become a decentralized alternative for card payments, will integrate its software with card machines.

As mentioned above, this altcoin has multiple use cases. Its holders will be able to get a share of the platform’s revenue, exclusive access to webinars, and voting power. Moreover, the most active members will get rewarded via loyalty airdrops.

The $SPY token has a total supply of 34 billion, of which 20% will be allocated to the presale.

12. Race to a Billion – One of the Most Promising Altcoins With an Innovative Concept


Blockchain: Ethereum

Token symbol: $BDJ

Current Price: ~ $0.00755

best altcoins - race to a billion

Why We Picked It

  • Impressive staking rewards 
  • Large presale allocation of 1 billion
  • Comprehensive roadmap

Race to a Billion is another example of an altcoin and a top-notch blockchain platform that transforms every race into a dynamic adventure. It allows users to predict the outcomes of the F1 race using $BDJ. 

The project’s presale has been successful so far, raising $143,201.68 and allowing early investors to buy tokens at a really low price – $0.00755. So, this may be the best time for them to buy the tokens

The buying process includes participating in the presale, staking $BDJ for rewards, and claiming the tokens. Users can purchase the tokens with a bank card, BNB, USDT, or ETH.

Race to a Billion offers a comprehensive roadmap consisting of five phases. The second phase announces the listing of $BDJ on major CEXs. 

There’s a total token supply of 2,500,000,000 $BDJ tokens, and believe it or not, 1 billion tokens are reserved for the presale. Moreover, 500 million tokens go for staking, while ecosystem, marketing, development, and liquidity each get 250 million tokens.

13. Hypeloot – Altcoin That Aims to Revolutionize the Online Gambling Industry Through AI and Daily Staking Rewards


Blockchain: Ethereum

Token symbol: $HPLT

Current Price: ~ $0.11625

hypeloot logo

Why We Picked It

  • It offers profit sharing as soon as the presale ends
  • the most rewarding token mechanics and features
  • Hypeloot ($HPLT) supports different staking pools

Hypeloot is an AI-powered crypto casino that started operating in 2022. Its current user base counts over 170,000 members, which could increase significantly after its native token, $HPLT, is released.

$HPLT is a utility token, and token holders can earn daily rewards by locking their tokens into the Hypeloot staking pool.

This project raised over $1.8 million even though its presale started only two months ago. During the presale, investors could buy 40 million tokens, while the total supply is capped at 100 million.

Early buyers will be able to get 165 Hypes NFTs, which will enable them to access exclusive staking pools. 

Its roadmap consists of four stages during which $HPLT will get listed on centralized exchanges. Its developers also plan to bridge $HPLT to major blockchains.

14. Kounotori — Top Altcoin With a Substantial Return Potential, Aims to Establish CEX That Combines DeFi and Centralized Features


Blockchain: Ethereum

Token symbol: $KTO

Current Price: ~ $0.000000001364

best altcoins - kounotori

Why We Picked It

  • Aims to become the first CEX that will combine centralized and DeFi features
  • NFT staking option and paying out staking rewards in stablecoins
  • Employs a deflationary mechanism

Kounotori’s goal is to become the first community-centered CEX that will combine centralized features, like security, and DeFi features, like high returns. Its developers also aim to create their own blockchain and NFT marketplace. However, what makes this project stand out is its staking mechanism, which will include NFT staking and paying out staking rewards in stablecoins.

The KTO exchange will support both popular and lesser-known altcoins, as well as small-cap DeFi projects. Its members will also be able to vote on special features, like free listings and lower trading fees. This community-centered approach will enable investors to have a direct impact on KTO’s offerings.

Kounotori’s native token, $KTO, is an ERC-20 coin that will benefit its holders. Investors will be able to earn it by conducting transactions. Moreover, this token will employ a deflationary mechanism, which means that part of the token will be burned with every transaction. This will reduce its total supply, which is 1 quadrillion, making it an ideal investment for long-term holders.

15. BlastUP — A Hot New Layer-2 Altcoin With $5 Million Raised So Far


Blockchain: Ethereum

Token symbol: $BLP

Current Price: ~ $0.065

best altcoins - blastup

Why We Picked It

  • Offers high rewards for staking, and a buy-back mechanism
  • $BLP tokens distributed through airdrops for early participants
  • BLAST is the only Ethereum L2 with native yield for ETH and stablecoins

BlastUP is the first launchpad powered by Blast, with a goal to help teams raise funds in a decentralized, secure, and user-friendly way — all while rewarding active participants.

This is the first Ethereum Layer 2 with native yield for ETH and stablecoins. Blast achieved a significant milestone by reaching one billion TVL in just 35 days.

The Stake & Earn feature allows users to stake assets like $BLP, ETH, WETH, or USDB for a specific period to earn yields in various assets, including Blast Gold. Users can customize their yields and enjoy benefits like discounts on project launches.

The BlastUP token offers access to tiered IDO launches, rewards for staking, and a buy-back mechanism. A Token Generation Event is planned after the token presale, with a portion of $BLP tokens distributed through an airdrop.

16. Baby Sinclair — An Innovative AI Crypto Project With an Impressive Roadmap


Blockchain: Ethereum

Token symbol: $CLAIR

Current Price: ~ $0.0132

best altcoins - baby sinclair

Why We Picked It

  • Built on the Ethereum blockchain and powered by the most advanced AI technology
  • Incorporates a burn system designed to potentially increase its value over time
  • The largest portion (60%) is dedicated to rewards and burns

Baby Sinclair leads the charge when it comes to AI crypto projects. It’s not just about digital assets anymore; it’s about a whole new way of interacting with finance. This integration of AI brings predictive analytics and automation to the forefront.

Investing early in AI cryptocurrency brings big gains. $CLAIR sets itself apart with advanced AI and dynamic experiences. Its burn system aims to boost value over time. Community is very important for this project as well, which is why Baby Sinclair fosters an active, informed ecosystem.

With 100 billion tokens, only 1% will be sold in the presale. Investors and the team will have tokens locked for 24 months, showing dedication. Most importantly, 60% goes to rewards and burns, ensuring a steady reduction in token supply.

17. Ethereum — An Altcoin With the Largest Market Cap


Blockchain: Ethereum

Token symbol: $ETH

Current Price: ~ $3,768.40

best altcoin - ethereum

Why We Picked It

  • Allowing for transparent and secure transactions without the need for intermediaries
  • Most popular altcoin to buy today
  • ETH uses PoS consensus, which enables staking

What is the next Bitcoin? Our bet is on Ethereum. Besides being an altcoin with the largest market cap — $296 billion — and a large trading volume of $11 billion, ETH is also much cheaper than BTC. At the time of writing, the price of ETH is $3,768, while it could reach $3,825 by the end of 2024.

In addition to that, like Bitcoin, Ethereum has its native blockchain. However, after the Ethereum merge, ETH started using PoS consensus, which enables staking.

Furthermore, Ethereum’s mainnet has many use cases, such as creating DeFi applications and NFTs.

Moreover, in 2024, Ethereum developers plan to launch new updates. For example, there is the Dencun upgrade, which should reduce transactional costs. There is also a Prague/Electra upgrade that will replace the Eth1 bridge system. All of these factors can contribute to the increase in its price on the crypto market.

What Are Altcoins?

What is altcoin? Altcoin is the term used for all digital coins that are not Bitcoin. That said, an altcoin can be considered a Bitcoin alternative since most are created by Bitcoin forking. For example, Litecoin was the first altcoin to emerge from the BTC fork. Yet, altcoins can also have native blockchains, such as Binance coin and Ethereum.

Different Types of Altcoins

What altcoins to buy? There are several types of altcoins to watch, each with its unique use cases:

  • Payment tokens
  • Utility tokens
  • Security tokens
  • Governance tokens
  • Stablecoins
  • Meme coins

How Do You Choose the Best Altcoins to Buy?

Altcoins typically track Bitcoin’s price movements to some extent. When Bitcoin’s price goes up, most altcoins also see price increases. During “alt season,” which usually comes after a surge in BTC’s price, some of the top altcoins tend to outperform Bitcoin.

Investing in altcoins benefits both beginners and experienced traders who want to diversify their portfolios. What is altcoins’ top potential for growth in the coming months? Increased adoption and innovation in the cryptocurrency market have the potential to drive significant growth in altcoins. 

However, since there are more than 17k altcoins, finding the best alt coins for the next bull run can be very challenging. On that note, when choosing your preferred altcoin, pay attention to the following factors:

  • Project fundamentals
  • Development team
  • Market position and historical performance
  • Market capitalisation
  • Trading volume
  • Liquidity
  • Partnerships and ecosystem
  • Use cases
  • Regulatory compliance and security
  • Community support.

To come to the top altcoins for 100X gains, you ”ll need some altcoin investment strategies, such as:

  • Risk management is crucial for traders. They must calculate the affordable risk for an investment and use a stop-loss order to limit losses in an unfavorable market.
  • As prices rise, define realistic profit targets to secure gains and stick to them. A disciplined approach to profit targets can shield you from unexpected market downturns.
  • Investing in various altcoins can diversify their portfolio and potentially reduce overall volatility.
  • It’s crucial to stay updated on industry developments and conduct thorough research on the overall cryptocurrency market and grasp the current trends and dynamics when seeking the best altcoins to buy. 

The Pros and Cons of Investing in Altcoins

Trading with any of the top 10 altcoins comes with numerous advantages and a few downsides. On that note, the main pros of investing in altcoins include:

  • Altcoins have the ability to enhance certain features of Bitcoin
  • Altcoins have numerous use cases
  • You can invest in more than 5000 different altcoins
  • They are generally more stable than BTC

On the other hand, investing in altcoins comes with the following risks:

  • Altcoins are more prone to scams
  • They have lower liquidity than Bitcoin
  • Some altcoins have a low market value
  • Some altcoins have unstable blockchains

Conclusion

Now that you know how to find the best altcoins to invest in and which are our favorites, choose the one that best suits your investment strategies.

Currently, Pepe Unchained has shown positive market trends and utility, making it the best altcoin to buy now. And among the best altcoins 2024, WienerAI stands out for its unique combination of AI and meme coin features.

Keep in mind that the crypto market is very volatile. To reduce the risk of losing your capital, diversify your portfolio and never invest more than you can afford to lose.

FAQs

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