Most Popular Cryptocurrencies of 2024 to Invest In

Blockchain is one of the fastest-growing industries in the world. It is safe to assume that while there are hundreds of crypto projects being introduced on a daily, only a few can truly claim the top spots. Projects that have been around for a long time and boast of a fundamentally strong product have been dominating the market since forever, and rightfully so. However, the market does have a tendency to focus on the most popular cryptocurrencies and ride the wave of hype.

While some of these projects had already been among the top 10 cryptocurrencies at some point, their current standings along with sizeable communities and overall popularity earned these tokens a place in the list. Now, let us take a look at each project and review them in detail.

Most Popular Cryptocurrencies Reviewed

Uniswap (UNI)

Anyone who has dealt with the Ethereum chain and has considered buying crypto on decentralized exchanges must be aware of Uniswap. Launched in 2018, Uniswap is currently the leading decentralized trading protocol with one of the biggest crypto communities. It is very popular for its role in facilitating the automated trading of Defi tokens.

It is an example of an Automated Market Maker or AMM and is the preferred choice for investors when it comes to buying crypto on the Ethereum chain. Uniswap is a high-potential project which is covered by almost every crypto influencer in the space. It has been featured in various articles and is constantly making headlines for various developments.

The project has also been within the top 10 cryptocurrencies for a brief period. However, it was pushed down amidst the market crash. Uniswap has over 900K followers on Twitter and has seen constant growth in terms of popularity and product development. The DEX boasts more than 1.5 million users, which itself is a statistic that showcases the platform’s popularity. UNI is the native token of Uniswap and is available on all major exchanges.

Polkadot (DOT)

In 2020, Polkadot was launched as an open-source, sharded multichain protocol for connecting and securing a network of specialized blockchains, allowing them to communicate with each other on any type of data or asset, not just tokens, thus making them interoperable. Decentralized internet of blockchains, also known as Web3, was intended to be built on top of this project.

The creator of Polkadot- Gavin Wood, who was also a co-founder of Ethereum, had ambitions to make the project a truly decentralized ecosystem and has been successful with developments towards that goal. Polkadot is one of the few large-cap projects with a dedicated community. It is popular as a crypto in general but gains even more fame due to its parachain auctions, where investors have a chance to get rewards in the form of crypto.

Polkadot has a massive Twitter following of around 1.3 million and may be one of the few projects to have gained constant support from influential figures in the crypto space. It is also celebrated across platforms like Reddit and on its official telegram and boasts high engagement even during the current market scenario.

Cosmos (ATOM)

The popularity of Cosmos is something that has been born, simply due to its extremely important use case. Infact, the project is also called the most important cryptocurrency due to its functionality.

Essentially, Cosmos claims to solve some of the “hardest problems” facing the blockchain industry. By offering an ecosystem of connected blockchains, it aims to provide a solution to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, such as those used in Bitcoin.

Since its launch in 2016, developers have constantly strived to bring more value to ATOM, which is the native token of the Cosmos ecosystem. This has been reflected in the demand for the token, and its rising popularity. It is a very common sight at this point to see ATOM turn up on most of the major crypto news reporting platforms and youtube videos.

Infact, it has managed to gain a massive community with a bullish sentiment too, which has caused the token to gain decent value even during the bear market.

Myro (MYRO)

Solana has gained immense popularity in 2024, which has also allowed its recent memecoins to experience tailwinds. One of the biggest memecoins to have gained popularity this year is the Solana-based doge token named Myro.

Named after the founder of the Solana Foundation, Raj Gokal, Myro is a token that aims to bolster the Solana ecosystem with doge-based narratives. The project’s whitepaper states that it intends to become more than a memecoin and seeks to act as a gateway to attract more people to Solana’s ecosystem.

The goal is to increase the TVL, Unique Active Wallets, Charting tools, and more. Additionally, Myro is also ushering in Solana’s first Buybot on Telegram as a way to attract whales and institutions to Solana’s ecosystem.

Shiba Inu (SHIB)

When it comes to popularity, there are rarely any tokens that can compete with Shiba Inu. The memecoin had managed to take the crypto community by storm back in 2021. Shiba Inu is one of the few coins that rose in price solely due to the actions of an influential figure. Elon Musk’s tweet about wanting to adopt or buy the Shiba Inu breed of dogs is what caused the creation of SHIB.

Since its launch, the project shot up in value and continued rising in price and popularity before the market crashed in mid-2021. While most of the memecoins failed to retain their value during the bull run towards the end of 2021, Shiba Inu was the only exception. Infact, it was then that it recorded its all-time high, thanks to its huge community. With a Twitter following of more than 3.6 million, Shiba Inu cannot be ignored when considering popular projects.

While the token may not have featured utility of high fundamentals during its initial days, the project’s growth has ensured that developers find ways to bring utility to the SHIB token. It has one of the biggest fanbases, which calls itself the Shiba Army and remains among the top projects when it comes to social media trends.

Solana (SOL)

Solana was a top gainer in the 2021 bull run. This itself helped the project gain recognition on a major level. Since it shot up more than 17,000% in 2021 alone, the project gained followers at an alarming rate. Naturally, this wasn’t something that was solely built around hype. Solana exists today as one of the most efficient and pro-utility ecosystems in the crypto domain.

In essence, the Solana protocol facilitates the creation of Dapps. In addition to the underlying proof-of-stake consensus, this solution aims to improve scalability through proof-of-history consensus. Traders of all levels are interested in Solana due to its innovative hybrid consensus model. Moreover, Solana aims to focus on eventually making Defi accessible to a wider audience, which has been appreciated by a huge chunk of the community.

SOL, which is the native token of the platform currently has one of the biggest fan following. The reason for investors being so involved and dedicated to the project is mainly because of the returns it rewarded investors in the last bull run. The effects of those returns are visible even today, in the form of increasing popularity. Infact, community members have created a huge number of fan accounts and pages across the web to propagate the token and its use case.

Wall Street Pepe – Popular Presale Memecoin With a Motivation-Based Concept

Wall Street Pepe captures attention right from the start with its innovative design, blending the internet-famous Pepe meme with a sharp, motivational twist. Depicted in a sleek suit, Pepe transforms into a symbol of financial rebellion, representing the average investor’s rise against exclusive, whale-dominated profit schemes. This unique narrative is central to the project’s appeal, as it speaks to a wide audience of memecoin enthusiasts while adding a touch of sophistication and relatability. The design not only grabs attention but also creates a sense of purpose for its growing community, known as the WEPE token Army.

Beyond its aesthetic appeal, Wall Street Pepe offers practical value through its ecosystem. Token holders gain access to premium features such as curated trading insights, advanced strategies, and the trading Alpha hub. These tools empower both novice and seasoned investors, turning the WEPE token into more than just a meme-based asset. Additionally, a robust staking program offering a 1000% APY gives investors the chance to earn passive income even before the token lists on exchanges, reinforcing its practical use case.

The presale, with tokens currently priced at $0.000202, has attracted significant interest, showcasing the project’s momentum. A large allocation of the token supply is reserved for aggressive marketing campaigns, ensuring visibility across social media platforms like Twitter and TikTok. This strategy is designed to spark viral engagement, further bolstered by weekly competitions that reward top traders and build a sense of community.

Security and transparency underpin the project, with Wall Street Pepe’s smart contract audited by Solidproof. These measures provide confidence to investors, differentiating it from the many high-risk projects in the memecoin space. Combining design, utility, and strategic growth efforts, Wall Street Pepe stands out as a project that merges humor with meaningful investor benefits.

Best Wallet Token – Popular Crypto With a Strong Utility and Supporting Ecosystem

When it comes to popular projects, utility tokens with a big and established community often are the best options- Best Wallet Token being an example of the same. As the native token of the Best Wallet platform, it is tied to an ecosystem focused on simplifying digital asset management and enhancing user experiences with Web3 features. Its practical benefits, strong community support, and exclusive presale access make it a compelling option for investors exploring high-potential projects.

The token delivers a range of advantages to its holders. BEST offers reduced transaction fees within the Best Wallet app, saving users money on trades and transfers—a key feature for active investors. It also provides early access to presales via the wallet’s aggregator, giving holders an edge in exploring promising projects ahead of public availability. For those interested in passive income, BEST’s staking feature offers competitive APY rewards, incentivizing long-term engagement and further enriching the user experience.

The current presale is exclusive to Best Wallet users, granting early adopters the opportunity to secure BEST at an initial price of under $0.023 before it launches publicly in December. With a capped hard cap of $10 million, BEST is expected to debut with a low market cap, creating significant growth potential as more users adopt the platform.

As the demand for wallet-focused tokens continues to rise, BEST seems to be a great option thanks to its practical utility within the expanding Best Wallet ecosystem. This token provides not just immediate value but also a pathway to benefit from future growth, making it an attractive option for those looking to invest in a project with substantial potential.

Catslap – Popular Memecoin With a Cat-Themed Concept

At a time when many projects rely on recycled ideas or ride the coattails of established trends, Catslap boldly pushes the envelope with a concept designed to entertain, engage, and grow. Its fresh take on user interaction has positioned it as one of the most talked-about cryptos in the space.

What truly sets Catslap apart is its playful yet highly interactive Slapometer. Unlike most tokens that focus on passive holding, Catslap invites users to actively participate in its ecosystem by “slapping” a meme featuring a viral cat and the iconic Pepe. Every slap is tracked and displayed on a leaderboard that ranks users as well as countries, turning a simple action into a global competition. This feature not only fosters community engagement but also creates a sense of fun and rivalry that is rare in the world of crypto.

The project’s launch strategy has been equally noteworthy. Catslap bypassed the traditional presale model, instead opting for a fair launch through the trusted platform Best Wallet. This ensured that every investor had equal access to $SLAP tokens without the pricing disparities or favoritism often seen in presales. With over 60,000 active users, Best Wallet provided Catslap with a secure and widely recognized stage to introduce its token to the market.

Beyond its interactive elements and fair launch, Catslap’s development team has taken a proactive approach to ensure credibility and trust. The token has been thoroughly audited by SolidProof and Coinsult, two well-known names in blockchain security, giving investors confidence in the project’s integrity. Additionally, the team has hinted at plans to expand the ecosystem with gamified elements, indicating that Catslap’s current offerings are only the beginning.

Catslap’s combination of creativity, strategic planning, and community-driven focus has made it one of the most unique projects in the crypto space. For those looking for a cryptocurrency that breaks away from the norm and adds a layer of excitement to investing, Catslap is undoubtedly one to watch.

Flockerz – Leading Meme Coin Becoming Popular Due to V2E

Meme coins have a natural propensity to become popular, and that popularity has historically driven their value up rapidly, allowing users to generate gains within a very short period of time. Flockerz is no different. However, the reasons for its popularity aren’t just rooted in its meme nature but also in its utility.

Flockerz tells the story of a hen investor who once ruled a kingdom but was forced to give up his power when the kingdom was destroyed. In his efforts to make the market decentralized, he unlocked more innovation for the city of FlockTopia, which transformed from a kingdom into a democratic power swimming in wealth.

This story serves as a vehicle to highlight the token’s core utility—decentralized governance. While DAO projects have become increasingly common in this generation, thanks to the resurgence of community-focused cryptos, Flockerz adds an earning mechanic into the mix.

This mechanic rewards those who participate in deciding the future development of Flockerz. It indicates two key points: first, Flockerz is a meme coin that puts the community at the forefront, and second, the project could leverage its popularity to see a rapid increase in value.

Another factor boosting the popularity of this token is that it is only the second meme coin this year to feature hens as its mascot. Unlike Coq Inu, Flockerz has the potential to become more utility-focused in the days to come.

How We Ranked the Most Popular Cryptocurrency Assets

As mentioned above, this guide aims to target highly popular projects that have the potential to break into the top leagues; for instance, the top 10 cryptocurrencies by market cap, based on how promising their utility and use case is to investors. In short, the guide will aim to filter assets that are highly popular, but also have a fundamentally strong product to offer.

The popularity of the projects will be determined based on several factors. This includes:

1. Size of their community across various social media platforms with respect to time of launch
2. The project’s overall social media presence
3. Successful events that saw high engagement in terms of investors and non-investors alike
4. Trending hashtags on popular media platforms like Twitter, Reddit, Instagram etc.
5. Mention of projects on notable cryptocurrency websites like Cointelegraph, Cryptonews, Coindesk, Yahoo Finance, Business 2 Community and on crypto YouTube channels.

Is Investing in the Most Popular Cryptocurrencies a Good Idea?

A high virtual presence overall that includes all these points along with a sustainable ecosystem is what determines the ranking of the most popular cryptocurrency coins on our list.

This sounds like a good option. To invest in a project right when it is at the peak of popularity, and exit with handsome profits as soon as the hype starts dying out. But the recent market crash gave every investor a reality check by showing the highly volatile nature of the industry. These projects that do not feature actual utility may be attractive assets with surprisingly high returns. But it may crash just as hard, leaving investors with almost nothing.

That leads to the question – is buying the most popular cryptocurrencies a good investment? Well, this needs to be looked at from a practical perspective. Surely, popular projects will have an increased number of buyers and demand. But it is extremely important that these projects also feature use cases that have true potential going forward. Popularity may only get a project so far, but it is the sustainability of a crypto that makes it truly worth investing in.

This guide will review 10 tokens that have time and again, topped the list of most popular cryptocurrencies. However, it will not simply feature those cryptos that are already known to everyone like Bitcoin or Ethereum. Instead, it will review tokens that may be in their early phase or the ones with high potential that have also been amassing a huge community lately.

Best Platforms to Buy Popular Cryptocurrency Tokens

The most popular cryptocurrency tokens tend to be available on almost every major platform. But there are some projects which are still in the presale phase. Due to this, it is essential to know where one can acquire each token from. This list below will help users find the right place to buy and store their cryptocurrencies safely.

The first few popular cryptocurrencies we reviewed – Dpgeverse can be purchased with a Metamask wallet.

It is a decentralized wallet which can be used to interact with the project platforms and swap tokens for another. While there are other choices too, Metamask has managed to position itself as the preferred choice for the most popular cryptocurrency projects.

For the last five tokens on our most popular cryptocurrency list – UNI, ATOM, SHIB, DOT and SOL – the best choice to purchase and store them would be the eToro crypto exchange. Regulated by CySec and FCA, the eToro exchange is a highly secure platform with millions of registered users globally.

Conclusion

Popularity isn’t the only factor that should be considered while investing in a highly volatile asset like cryptocurrencies. Popularity can surely be a contributing factor. However, it is more important to consider if the project will actually be able to provide solutions or some product of actual value to potential users. Such projects are likely to succeed in the upcoming months and are clearly the best investment options too.

Our top pick for the most popular cryptocurrency this year is Wall Street Pepe, which is a meme project that investors speculate may see significant growth in the coming weeks.

FAQs on Popular Cryptos