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Most Popular Cryptocurrencies of 2024 to Invest In

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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.

Most Popular Cryptocurrencies List

  1. Dogecoin20 – Popular presale Project Inspired by Dogecoin
  2. Smog – Brand New Solana Memecoin Gaining Massive Popularity
  3. Slothana – Trending Memecoin Gaining Popularity on Social Media
  4. Sponge V2 – High Potential Crypto Project with a Popular Theme
  5. eTukTuk – New Popular Cryptocurrency With Attractive Presale
  6. Bitcoin Minetrix – Overall Most Popular Crypto of 2024
  7. 5th Scape – Trending Crypto With an AR/VR Concept
  8. Uniswap – Native Token of Most Popular Decentralized Crypto Exchange
  9. Cosmos – Popular New Blockchain on Crypto Reddit Subs
  10. Shiba Inu – Second Most Popular Meme Crypto After Dogecoin
  11. Polkadot – Popular Layer-One (L1) Blockchain
  12. Solana – Most Popular Crypto During the Last Crypto Bull Run
  13. Myro – Solana-Based Memecoin Gaining Popularity

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

Dogecoin20 – Popular presale Project Inspired by Dogecoin

Dogecoin20 emerges as a notable entrant in the rapidly evolving memecoin space, drawing inspiration from Dogecoin, the original memecoin titan. Its advent is timed impeccably to capitalize on the current market dynamics, positioning itself as a promising investment opportunity.

Leveraging the Ethereum blockchain, Dogecoin20 not only gains the robust security and widespread adoption of Ethereum but also introduces an innovative feature absent in its predecessor: staking. This addition allows investors to earn passive income, enhancing the appeal of Dogecoin20 as a more engaging and potentially lucrative venture.

Doge20

Diverging from Dogecoin’s deflationary nature, Dogecoin20 adopts a fixed supply of 140 billion tokens, marking it as inflationary. This strategic decision could foster scarcity and drive demand, potentially escalating its value in the cryptocurrency market. Echoing the original “Do Only Good Everyday” philosophy, Dogecoin20 aims to build on the goodwill and community spirit that catapulted Dogecoin to fame, suggesting a commitment to positive social impact alongside financial gains.

The anticipation around Dogecoin20 is palpable, especially among those who witnessed Dogecoin’s meteoric rise too late to benefit significantly. With Dogecoin’s vast and passionate community as a backdrop, Dogecoin20 is strategically positioned to captivate this audience, promising an exciting blend of novelty and familiarity. As it is expected to move from its presale into broader accessibility on decentralized exchanges like Uniswap, Dogecoin20 stands on the precipice of potentially becoming one of the most celebrated memecoins in the digital currency ecosystem, driven by its unique offerings and the enduring allure of memecoins among investors.

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Smog – Brand New Solana Memecoin Gaining Massive Popularity 

Amidst the dynamic evolution of crypto passive income opportunities, Smog emerges as a great opportunity for investors seeking lucrative staking options. The token’s recent surge in popularity since its launch underscores its appeal and potential for significant growth. With an innovative approach and a promising roadmap, Smog stands ready to redefine the memecoin space in a shot time span.

Thanks to its meme-friendly concept, Smog has garnered attention from major news publications and prominent voices in the crypto space, further fueling its momentum. As the crypto market matures, staking coins have become increasingly attractive to investors seeking passive income streams. In this landscape, Smog presents a compelling case with its unique features and potential for substantial returns.

Smog

At the core of Smog’s staking appeal lies its commitment to fostering a robust ecosystem that rewards token holders through airdrops. While specific details about these rewards and their allocation remain undisclosed, the project boldly touts itself as orchestrating the biggest airdrop of all time. This proclamation resonates strongly with investors, contributing to Smog’s rapid ascent, with the token experiencing two significant price pumps since its inception on February 7th.

With a dedicated team at the helm of development and a vibrant community rallying behind its vision, Smog is primed to thrive in the fiercely competitive staking landscape of 2024. Positioned not only as one of the most popular memecoins within the Solana ecosystem but also as a frontrunner in the broader crypto industry, Smog exemplifies the potential for innovation and success in the realm of decentralized finance.

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Slothana – Trending Memecoin Gaining Popularity on Social Media

Mimicking the trail blazed by its predecessor, Slerf, Slothana has been riding a wave of intrigue and anticipation, despite the cloud of mystery shrouding its purpose and long-term objectives. This burgeoning interest can be attributed to its adept utilization of social media marketing, positioning itself as a community-centric project—a strategy that has historically paid dividends in the realm of digital currencies.

Slothana

At present, Slothana’s promotional efforts are straightforward, yet enigmatic: potential investors are encouraged to deposit SOL tokens into a specified wallet address, in exchange for a promised airdrop that precedes the official token launch. While such an approach might raise eyebrows, drawing parallels to the speculative fervor that often surrounds memecoins, it’s precisely this unconventional tactic that stokes curiosity and speculation.

As a memecoin within the Solana ecosystem, which is currently experiencing a surge in popularity, Slothana is poised to capitalize on the growing trend of meme-driven investments. The Solana platform’s scalability and low transaction costs make it an attractive foundation for new projects looking to make a splash in the crowded cryptocurrency market.

Given the recent success stories of similar tokens, the excitement around Slothana could very well translate into significant profits for early adopters. While the project’s specifics remain veiled, the speculative nature of cryptocurrencies means that Slothana’s novel approach and high popularity could make it a compelling addition to a speculative investment portfolio.

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Sponge V2 – High Potential Crypto Project with a Popular Theme

Sponge stands out as one of the cryptocurrencies that gained immediate massive popularity upon its launch. Its theme centered around SpongeBob Squarepants, a beloved cartoon, played a pivotal role in this success, driving the token’s remarkable surge in value, and attracting both memecoin enthusiasts and fans of the famous cartoon. With the introduction of Sponge V2, the project’s second token, the community speculates it will follow suit and experience a similar surge in price.

Sponge V2

The process for acquiring Sponge V2, however, deviates from the conventional. Investors can purchase Sponge V1 tokens and upon staking them, get a consistent Annual Percentage Yield (APY) on the staked tokens. Naturally, this enticing prospect for passive income has significantly contributed to the project’s increased popularity across various social media platforms.

Investors may buy and stake $SPONGE, the V1 token, using the website’s widget to receive an equivalent amount of bonus V2 tokens. Further accumulation of tokens through staking before the claim date is also feasible. V2 tokens can be monitored on the Staking dashboard and claimed upon the launch of SPONGE V2. Given the anticipation surrounding the upcoming Play-to-Earn (P2E) games and more, it is highly likely that the project will experience significant buying activity upon launch, making it an attractive prospect for memecoin enthusiasts.

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eTukTuk – New Popular Cryptocurrency With Attractive Presale

As the crypto space continues to evolve, eTukTuk (TUK) emerges as a pioneer, not just in token offerings but in contributing to a sustainable future. With over $500k raised and growing interest, eTukTuk presents a compelling case as a transformative force in the crypto landscape.

eTukTuk Best New Crypto

The distinctive aspect of this popular cryptocurrency lies in its focus on developing nations, recognizing the urgent need to address both environmental challenges and economic disparities. In regions where the crypto market is gaining prominence, eTukTuk positions itself as an eco-friendly alternative in the transportation sector, offering a solution to emission problems.

The heart of eTukTuk’s impact lies in its initiative to electrify the ubiquitous TukTuk vehicles. With a staggering 270 million of these emitting more pollutants than individual standard cars, eTukTuk’s vision is clear – to revolutionize transportation and reduce the carbon footprint. The shift to electric versions promises a 400% reduction in operating costs for drivers, creating a tangible incentive for widespread adoption.

For investors, eTukTuk presents an exciting opportunity. The sustainable ecosystem, driven by drivers purchasing power at eTukTuk charging stations, ensures economic viability. On-chain rewards for TUK token stakers, released gradually over 15 years, add a unique investment dimension. With concrete plans, strategic government partnerships, and expert support, eTukTuk positions itself as a project that not only promises financial gains but also actively contributes to a more sustainable and eco-friendly future.

eTukTuk’s (TUK) presale offers the token at $0.026, a chance to ride the green wave. With $500k raised, investors must secure it before the next price hike.

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Bitcoin Minetrix – Overall Most Popular Crypto of 2024

Introducing Bitcoin Minetrix ($BTCMTX), a game-changing platform in the world of cloud mining. This project simplifies and optimizes the process, offering users an efficient way to engage. By harnessing the capabilities of an Ethereum-based smart contract, $BTCMTX token holders can partake in asset staking, generating passive income and gaining access to cloud mining credits.

Bitcoin Minetrix best crypto

These credits, while not tradable, serve as the primary currency for acquiring Bitcoin cloud mining power on the platform. This innovative approach democratizes cloud mining, making it accessible even to individuals with no prior experience in cryptocurrency or mining.

One of Bitcoin Minetrix’s unique aspects is its use of non-tradable ERC-20 tokens as rewards for mining contributors. This strategy enhances control over assets and minimizes the risks often associated with third-party services commonly found in traditional cloud mining setups.

The rapid success of its presale, raising over $144K so far, underscores the strong early interest from investors. Those considering involvement in this pioneering venture should exercise due diligence, recognizing both its innovative concept and the inherent risks within the ever-evolving cryptocurrency landscape.

$BTCMTX tokens are available to purchase for $0.011 on the official website and investors can purchase the tokens using ETH or USDT.

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5th Scape – Trending Crypto With an AR/VR Concept

More than just a virtual reality (VR) gaming project, 5th Scape is an innovative endeavor that seamlessly integrates software, hardware, and content within the VR space. At its core lies a revolutionary token that not only grants access to premium VR content but also rewards players through its innovative Play-to-Earn (P2E) game and offers staking opportunities for passive income and in-game advantages.

What sets 5th Scape apart is its commitment to creating a holistic ecosystem that caters to a diverse range of interests. While currently focused on delivering unparalleled VR gaming experiences, the project has ambitious plans to expand into social interactions, creative tools, and educational experiences, all within the immersive world of VR.

5th Scape Gaming crypto

Complementing its innovative token are two cutting-edge hardware products: the Swiftscape chair and the VR Ultra headset. These revolutionary devices enhance the gaming experience, providing unparalleled comfort and immersion to players.

With a pre-sale market cap set to launch at $15 million, 5th Scape presents an exciting opportunity for investors and gamers alike. The project’s pre-sale phase promises significant returns, with listing prices expected to surge by more than 400%.

Audited by Coinsult, 5th Scape ensures transparency and security, instilling confidence in its community. As it continues to evolve, 5th Scape stands as a beacon of innovation in the VR gaming landscape, poised to redefine the future of immersive entertainment, making this popular crypto a high potential project to consider investing in.

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Uniswap (UNI)

Uniswap Foundation
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.

Cosmos (ATOM)

Most Popular ccrypto

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.

Most Popular Crypto

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.

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.

Popular Crypto

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.

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.

Polkadot co-founder, Gavin Wood, resigns as the CEO of Parity

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.

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.

Most Popular Crypto

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.

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.

Buy 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.

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.

Metamask added support

The first few popular cryptocurrencies we reviewed – Bitcoin Minetrix 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.

etoro best platform for crypto buying

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 Dogecoin20, which is a community-focused project strong community backing.

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FAQs on Popular Cryptos

Will all popular cryptocurrencies have massive returns?

While it may be possible for popularity to drive up prices to a certain extent, it is often not a sustainable move. Investing in high-value projects instead of simply popular options is always a better idea.

Can popular crypto presales be profitable?

Yes. Investing in a popular crypto-presale that has been performing well can be a good option to make great profits. However, it is always advisable to research the respective project before parking funds.

What platforms are used to popularize a particular crypto project?

Social media platforms of all types can be leveraged to increase the popularity of a token. Twitter, Reddit, Youtube, Instagram, Telegram, Facebook etc are some of the many options when it comes to creating buzz around cryptocurrency projects.