Most Volatile Cryptocurrency to Invest in 2024

The market scenario of a particular asset class dictates the particular asset’s volatility. This is something that is common across all types of markets. But whenever the term volatility comes to mind, a certain category that will pop up in the mind of every investor would be the blockchain sector. For instance, BTC, the front-runner crypto which was trading at around $68,000 in November 2021 lost more than 70% of its value within just 10 months. Moreover, it did so while exploring various price ranges for short periods of time. This makes it a highly volatile cryptocurrency.

Cryptocurrencies as assets are, by far, one of the most volatile asset class in the world, and is still invested in by millions of people globally. Naturally, this is because, in any state, there is a huge opportunity to reap profits as long as the markets are moving. While a huge chunk of the newbie investors pulled out funds from the market after the crash, the situations now seem to have been reversed. The same investors are once again looking to enter the sector and take advantage of cryptocurrencies’ volatility. 

This guide will review some projects that have shown high volatility and may be a great option for traders. 

Most Volatile Cryptocurrency of 2024 – Top List

• Dogecoin20 – Presale Project Inspired By Highly Volatile Memecoin
• Smog – Trending Memecoin Showing High Volatility and Growth
• Slothana – Solana Memecoin Likely to Show High Volatility
• Sponge V2 – Popular Crypto Project With Expected Volatility
• eTukTuk – New Volatile Cryptocurrency With a Price Surge Opportunity
• Bitcoin Minetrix – Overall Most Volatile Crypto of 2024
• 5th Scape – High Potential Project With Expected Volatility
• Tamadoge – Pumped 20x on OKX exchange on launch
• Bitcoin – Frontrunner cryptocurrency with high volatility on low timeframes
• Dogecoin – Top grossing volatile memecoin 
• Myro – Solana-Based Memecoin That Went Viral
• Terra Classic – Most volatile cryptocurrency of the past year
• Binance Coin – High volatility token powering the biggest crypto exchange
• Shiba Inu – Volatile meme cryptocurrency with a huge community
• Solana – Strong fundamental project set for volatile bounce in 2024

Reviewing the Most Volatile Cryptocurrency Coins

All the projects mentioned in this article have been reviewed in depth here. This will help you in analyzing the fundamentals, use case and growth prospects of each crypto, which you can use to create strategic investment decisions for yourself. Read on to learn more about some of the most volatile cryptocurrencies that have been gaining popularity

Dogecoin20 – Presale Project Inspired By Highly Volatile Memecoin

Dogecoin has long been recognized for its remarkable volatility, transitioning from a mere joke to a meme coin with a multi-billion market cap. Dogecoin20, drawing inspiration from its predecessor, is poised to follow a similar trajectory of fluctuation, making it an attractive option for traders seeking profit opportunities amidst its movements.

The project, rooted in the foundational principles of Dogecoin, aims to infuse tangible utility into its ecosystem. Despite the absence of detailed development plans outlining its long-term utility, the prevailing sentiment is that Dogecoin20, particularly with its current presale pricing, stands as one of the most compelling options available in the market today.

Leveraging the Ethereum blockchain, Dogecoin20 enjoys heightened visibility and appeal to a broader investor base. Despite its impending official launch, numerous prominent channels have already showcased the project, emphasizing the chance to acquire DOGE20, its native token, at a discounted rate before the launch. With its potential for high utility, overlooking this crypto would be a mistake one cannot afford to make.

Visit Dogecoin20

Smog – Trending Memecoin Showing High Volatility and Growth

Smog is among the rising stars in the Solana-based memecoin space, captivating investors with its distinctive aesthetics and thematic allure. Since its debut on Jupiter DEX, Smog has surged by an astonishing 4500%, marking an impressive ascent in its early trajectory.

Drawing inspiration from the legendary dragons of the Lord of the Rings saga, Smog embodies a narrative of igniting the crypto market with fervor, infusing it with renewed excitement and interest in digital assets. However, its price has seen major volatility since its launch, which has caused multiple traders to now be interested in the project since they have a chance to buy and sell for big profits with the token now.

While the full scope of Smog’s utility features remains unfolding, its innovative airdrop mechanism promises a gamified experience for holders. Departing from traditional airdrops, Smog introduces quests and rewards, injecting an interactive dimension into token distribution. Holders embark on regular quests, rumored to involve activities like treasure hunts, to accrue airdrop points. The allocation of airdropped SMOG tokens hinges on the accumulation of Smog tokens, fostering engagement and community participation. An ETH bridge update was also recently announced, which means that investors can now purchase tokens on the ETH chain as well.

Despite the absence of a clear utility roadmap, the buzz surrounding Smog suggests the potential for another surge, making it an enticing prospect for investors seeking to capitalize on its meteoric rise, along with traders who wish to make profits by trading the token in the short term or long term.

Visit Smog

Slothana – Solana Memecoin Likely to Show High Volatility

As a promising presale project, Slothana has been mirroring the explosive success of its predecessor, Slerf. With speculative buzz suggesting it might follow the volatile but profitable path of meme coins, traders are eagerly eyeing Slothana for short-term gains, capitalizing on its anticipated market swings. The project is positioning itself as a potential partner or rival to Slerf, aiming to outperform Slerf’s impressive value increase.

Details about Slothana’s utility and underlying technology are scarce, fueling intrigue and speculation. Rumors hint at a connection with the team behind Smog, another successful meme coin, though no definitive evidence has been presented. Slothana’s current strategy involves inviting potential investors to send SOL tokens to a specified wallet address to receive a future airdrop, signaling an impending official launch.

Operating within the Solana ecosystem, Slothana is betting on the platform’s popularity and efficiency to drive its success and generate significant returns for early investors. Despite the project’s opacity and the general unpredictability associated with meme coins, Slothana’s promise of high volatility is drawing attention from both traders and short-term investors. This interest underscores the growing allure of meme coins in the cryptocurrency market, where Slothana is poised to become a noteworthy project for those willing to navigate its uncertainties for the potential of substantial rewards.

Visit Slothana

Sponge V2 – Popular Crypto Project With Expected Volatility

Sponge V1, the original token of Sponge, was one of the most volatile memecoins in 2023, experiencing significant growth upon its launch. Shortly after its introduction earlier this year, the project swiftly ascended the price charts and surged by 3200%. Despite subsequent value declines, at its peak, the token boasted a market capitalization of $100 million and garnered thousands of holders, resulting in its listing on multiple cryptocurrency exchanges.

Sponge V2 endeavours to reintroduce these growth attributes to the token, potentially reinstating high volatility and making it an attractive choice for trading. Acquiring this token involves a “stake-to-bridge” mechanism, allowing Sponge V1 stakers to receive an equivalent number of Sponge V2 tokens.

Long-term holders are further incentivized with bonus rewards in the form of a high Annual Percentage Yield (APY) that commences at 40%. Additionally, Sponge V2 is set to unveil a unique Play-to-Earn (P2E) game, enabling players to earn Sponge V2 tokens while engaging with the game. The distinctive staking mechanism and P2E features could facilitate rapid growth for this token upon its availability on cryptocurrency exchanges. While the token is yet to be launched, the ongoing staking phase allows investors to acquire this volatile cryptocurrency at an affordable price. As prices might significantly surge upon the V2 token launch, it emerges as an excellent token to consider buying at the present moment.

Visit Sponge V2

eTukTuk – New Volatile Cryptocurrency With a Price Surge Opportunity

eTukTuk, the rising star in the world of green cryptocurrencies, is making waves with its innovative approach to revolutionizing transportation. The project, driven by a vision of a cleaner and more sustainable urban future, introduces electric vehicles (EVs) powered by green energy, addressing the environmental impact of traditional TukTuks.

What sets eTukTuk apart is its focus on creating Electric Vehicle Charging Infrastructures (EVSE) in less developed countries. This not only promotes eco-friendly transportation but also ensures affordability and accessibility.

The incorporation of blockchain technology on Binance’s BNB Chain is a strategic move, enabling a sharing economy model that ensures scalability, security, and efficiency.

eTukTuk goes beyond the realm of transportation, aiming to digitize identities and extend financial services in regions heavily reliant on TukTuks. The introduction of the “Power Staking” model adds a unique layer, allowing stakeholders to earn passive income while contributing to the ecosystem’s growth. As the project surpasses $550,000 in presale funding, eTuktuk’s commitment to real-world problem-solving and media recognition showcases its potential for long-term success. Investors can get their hands on the TUK token now, priced at $0.026.

Visit eTukTuk

Bitcoin Minetrix – Overall Most Volatile Crypto of 2024

Since the inception of Bitcoin in 2009, the cryptocurrency landscape has evolved dramatically. While Bitcoin’s market cap soared to over $1 trillion, the process of mining became increasingly inaccessible to the average person due to specialized ASIC mining rigs and large mining farms dominating the scene.

Enter Bitcoin Minetrix, a project aimed at making Bitcoin mining easy and profitable for everyone. The project’s presale phase has already raised over $144,000 at the time of writing, showcasing the strong demand among crypto investors for its innovative tokenized mining model.

Bitcoin Minetrix introduces a tokenized cloud mining platform that democratizes the process. Users can stake $BTCMTX tokens to earn mining rewards, eliminating the need for expensive mining hardware. The platform is user-friendly, transparent, and secure, offering steady mining rewards and potential price appreciation for $BTCMTX tokens.

By lowering barriers to entry, reducing operating costs, and providing a stable passive income, Bitcoin Minetrix is revolutionizing Bitcoin mining. Its environmentally friendly cloud mining approach also reduces the carbon footprint compared to traditional industrial mining farms.

To get started with Bitcoin Minetrix, users need an Ethereum wallet, $BTCMTX tokens, and a simple staking process. Tokens can be purchased on the official website for $0.011.

Visit Bitcoin Minetrix

5th Scape – High Potential Project With Expected Volatility

5th Scape stands out as one of the most eagerly anticipated crypto projects within the AR/VR domain of the blockchain space. Crafted by a team of highly skilled professionals, the project has garnered significant attention across various platforms, including YouTube pages and editorials, reflecting its surging popularity. This increasing demand, even in its early presale phase, hints at the potential for significant short-term volatility, making it a compelling prospect for traders.

The utilities offered by the 5th Scape token are notably attractive, providing access to premium VR content, serving as rewards in play-to-earn games, and facilitating staking for passive income and in-game advantages. This holistic approach, integrating both software and hardware offerings, underscores the project’s ambitious vision of revolutionizing the gaming industry through AR/VR technologies. With games and tools already introduced to engage in the ecosystem, investor excitement continues to grow.

Furthermore, the gradually increasing presale price across multiple stages presents an enticing opportunity for investors to acquire 5SCAPE tokens at a discounted rate. This discounted acquisition price holds significant appeal, offering investors the potential to capitalize on the project’s volatility upon launch, potentially yielding even greater profits in the days to come. As anticipation builds, 5th Scape emerges as a project poised to disrupt and innovate within the AR/VR gaming space, attracting both enthusiasts and investors alike.

Buy 5th Scape

Tamadoge 

Everyone in the crypto space may now be well aware of the impact memecoins had on the last bull run. For anyone wishing for a memecoin with actual utility, Tamadoge is the perfect answer. Launched in 2022, Tamadoge is a P2E game platform which is set to host a variety of games in the upcoming months. 

It features an NFT collection of Tamadoge pets, which can be fed, nurtured and even used in battle after they grow to a certain age. As expected, these NFTs are completely integrated with the Metaverse and hold several other perks within the ecosystem. The Tamadoge Metaverse, also called the Tamaverse is set to have a huge number of developments in the future. Infact, developers claim that they will also be looking to add games in the Move-to-earn format and several others.

TAMA, the platform’s native token is currently available across several top exchanges like OKX, Gate.io, MEXC, Uniswap etc. As a project with one of the most successful presales in 2022, TAMA has been volatile since it was launched. It follows the path of top memecoins and is expected to be on the same level in terms of community and market cap by the next bull run. 

Visit OKX for Tamadoge

Battle Infinity

One of the most sought-after gaming genres today is fantasy sports leagues. But it is rare for crypto enthusiasts to come across such games within the blockchain space. Although this was before Battle Infinity was launched, both investors and sports fans alike had been waiting for quite a while. Battle Infinity too, had a very triumphant presale where the demand for IBAT, the native token was visible from the start. 

Essentially, Battle Infinity is a blockchttps://insidebitcoins.com/visit/frogwifhathain-based sports fantasy game which is set to feature multiple sports and major league tournaments within its ecosystem. The project aims to not just give players a chance to play and earn crypto by betting on their favourite team or players. It plans to provide the experience in a virtual world, which would help make it more interesting and unique. Battle Infinity is headed by Suresh Joshi, who is an experienced professional in the space. Even the team comprises Indian developers, similar to the popular project Polygon. 

A simple glance at the graph of IBAT will show that the project is high in terms of volatility, making it a perfect crypto for traders. Along with trading, IBAT is also a token that can be considered a long-term investment, given the high potential product it has to offer to the audience. 

Check out Battle Infinity Project

Lucky Block

Created by Scott Ryder and a group of professionals in the crypto space, Lucky Block claims to be the number one NFT competition platform within the industry. This, however, may not be a far stretch, as there are rarely any projects that come close in terms of rewards, competitions or community when compared to Lucky Block. 

Lucky Block has been consistent in delivering upgrades and developments to help the project grow and provide more value to investors. The latest among these updates was its V2 token launch, which aims to captivate the audience on several centralized exchanges. The token is valued at a 1:1 ratio, and exists on major DEXs and CEXs now, thanks to the V2 token. 

There are several lotteries and games that are scheduled regularly on the platform. These events feature surprisingly attractive rewards. According to Lucky Block, these rewards could be anything from a gaming console to an entire private island. The way to setting up these draws is also interesting. An NFT collection is launched, which is bought by users. Once the collection gets sold out, a random NFT holder will be chosen and the predetermined reward will be given. 

LBLOCK (v1) and LBLOCK (v2) are both great options to consider trading, depending on the user’s liking. Since it is available across various exchanges, it will also be easy for investors to consider buying them and gain good profits. LBLOCK moves depending on the activities of its ecosystem. For instance, an NFT collection being launched could trigger increased buying activity. Taking factors like this into consideration, traders will be able to make LBLOCK a profitable project. 

Visit LBlock Website

Bitcoin

This cryptocurrency needs no introduction. Bitcoin is the frontrunner cryptocurrency and remains to be the biggest and most sought-after asset in the blockchain industry. Created by Satoshi Nakomoto, an unidentified person or group of people, Bitcoin’s volatility has been surprisingly high since its launch in 2009. Even today, the level of volatility it shows is surprising, considering the massive market cap it features. 

Bitcoin is a very viable investment option. However, its real use case is to serve as a peer-to-peer online currency. This means that while using Bitcoin, only independent and equal individual entities are involved. There is no authoritative figure like a bank or government institution that will act as an intermediary. Bitcoin or BTC, has seen waves of utility over the years. Infact it is the only asset that has direct influence over the entire industry. 

For instance, BTC’s crash in 2022, triggered almost every other altcoin to plunge in value, while most altcoins had risen in 2021 only after Bitcoin had started pumping. Thus, by investing in Bitcoin, people are not only getting exposed to one of the most influential cryptos but also get to enjoy the constant movements in terms of price. This can be used advantageously to earn massive profits. 

Dogecoin

What Bitcoin is to the entire cryptocurrency industry is what Dogecoin may be to the memecoin category. After it rose in popularity in 2021, Dogecoin ended up creating a whole new category for memecoins. The token was created as a joke by software engineers Billy Markus and Jackson Palmer. However, it wasn’t till the last bull run that Dogecoin shot up, thanks to Elon Musk’s support. The tech billionaire went on to endorse the token to the extent that he got the name “Dogefather”.

Surely, Dogecoin may be a project worth holding in one’s portfolio. However, it is one of the best picks when it comes to volatility. The DOGE token has shown some of the most erratic movements in the past couple of months. Undoubtedly, this helped a massive number of investors and traders generate great profits. 

Volatility in Dogecoin is pre-existing but is furthered whenever there is an interference of any kind from Elon Musk. There are huge communities at this point, that keep tabs on various factors that could potentially cause a massive change in DOGE price. Based on these factors, they buy and sell the volatile asset to their advantage. 

Myro

Myro came out near the end of 2023, months after the memecoin mania took the market by storm. Similar to BONK, Myro is a meme coin on the Solana blockchain. However, unlike BONK, Myro wants to expand Solana’s ecosystem and transform from a memecoin to a utility-based token.

Described in the official whitepaper as a Solana Dog, Myro is a meme coin inspired by one of the pets of Raj Gokal, one of the Solana Foundation’s founders. This project portrays Myro as a utility token that will act as a vehicle to bring whales, institutions, and more individuals to Solana’s ecosystem.

The release of Myro intersected with the announcement of Solana’s BuyBot, which allows a community to be formed around Solana on Telegram. Through the doge-appeal, this project is changing the way people perceive Solana. However, since Myro is a memecoin, it is volatile, which means its short-term perks far outweigh its long-term incentives.

Terra Classic

This may be a controversial take, but Terra Classic is not a project that can be ignored. It has lost almost all of its credibility today, thanks to the crash back in May 2022. However, the project seems to sustain business despite suffering one of the biggest dumps the industry has ever seen. This is clearly due to its dedicated community and the team’s attempt to revive the project.

Launched in 2019, LUNA was quick to gain popularity. By the 2021 bull run, it was among the list of top cryptocurrencies and enjoyed more than a 1000% return within mere weeks. Growing at a surprising pace, there was no such factor that would’ve caused investors to be sceptical about the project. But it crashed and dumped more than 99.97% in value. 

Despite all these incidents, LUNA(now LUNC) remains to be one of the top volatile tokens in the domain. There have been several instances when the token surged in value and went lower subsequently. However, it is evident that there still is a huge community that keeps pushing the project and is bullish on it. Other than being a great token to leverage volatility, LUNC may be a decent investment option for the same reason too. 

Binance Coin

BNB or Binance Coin is a token powered by the Binance Exchange. This is an organization that almost every crypto investor may have at least heard of once. It is the biggest exchange currently in terms of market cap and caters to more than 25 million users globally. Moreover, the exchange is one of the most influential entities in the crypto space, with investments and subsidiary products within every niche of the sector.

BNB was one of the top gainers in 2021. The token had gained more than 1300% within one year. It touched its all-time high and then plunged to a price range which was less than 70% of its value at its peak. Within some weeks, it shot right back up to a good range and has been moving similarly ever since. 

Binance may be considered a safer option by many when it comes to volatility. This is because it is the only exchange-based token to have such a massive market cap. But contrary to belief, BNB is a very volatile token. It moves constantly and explores new price ranges almost every other couple of days. There are also a huge number of traders who look to make profits specifically from BNB since holding it too can be beneficial as a long-term investment. 

Shiba Inu

The Shiba Inu project was born out of another twitter gimmick by Elon Musk. After the Dogecoin pump, memecoins were popping out with much popularity. But none managed to sustain and build a community as big as Shiba Inu. Born out of another tweet from Elon, SHIB managed to gain thousands of holders within months of launch. It rose to such an extent that the token managed to get into the top 10 cryptocurrency list in a short span. 

As of today, Shiba Inu developers claim to be working on creating a better, updated product for its users. Either way, its volatility in terms of both price and popularity is a major reason why the token made it into the list. For any investor who has a penchant for memecoins and trading for profit volatility, then tokens like SHIB and TAMA may be the perfect fit. 

Solana

One high-potential project that has shown massive volatility since last year is Solana. The SOL token is currently one of the biggest cryptocurrencies in the market and has huge projects affiliated with it. Solana is a decentralized blockchain that was made in order to facilitate the creation of high-efficiency Dapps. 

The reason for Solana’s volatility may be due to its immense popularity. One would notice mentions of the project on a variety of platforms or websites almost every couple of days. This is something that has been common for Solana recently. Naturally, all the news surrounding the ecosystem may not essentially be positive. This is what triggers the volatility for Solana in most cases. 

Either way, it tends to be volatile while also being an excellent long-term investment option. But if someone is looking to leverage the opportunities that a good dump or pump may give, then it may be a good idea to keep a lookout for SOL. 

Why Invest in Volatile Cryptocurrency Assets?

Volatile cryptocurrencies are a simple way to invest in tokens that can reap profits even if the market goes upward or downward. It gives traders an opportunity to consider assets at their desired prices and sell or buy according to their trading strategy. 

After the 2022 market crash, cryptocurrencies have been rather stagnant in terms of price. This is clearly not an ideal situation for the investors, as their funds aren’t experiencing any kind of growth here. This is exactly when volatile tokens come to play. High volatility means room for trading. One can easily buy a token at a lower price and sell it higher in the short term if the token has a decent price movement. 

However, it is vital that even the volatile tokens one would consider investing in are fundamentally strong. This way, there is no risk of losing funds and gives the investor a total win-win situation. 

Is it the Right Time to invest in Volatile Cryptocurrencies?

As such, there is no right time to invest in volatile cryptocurrencies if done right. However, a bear market or ‘crypto winter‘ is often preferable when it comes to making profits with volatile crypto. This is mainly because other tokens may be stagnant in terms of price. But the volatile tokens will move despite the market situations. 

Investing in a volatile project which is also fundamentally strong gives the investor an edge too since the project also grows considerably in the long term. Considering the current scenario of the crypto industry, it is a fact that fundamentally strong volatile projects are an excellent investment and trading option. 

Conclusion

There are many cryptocurrencies that are highly volatile, as crypto tends to fluctuate in price more than other financial markets like stocks and forex, especially on low timeframes. But investing or trading in these cryptos can be highly risky. The way to minimize risks while trading is to play it safe, and park funds in assets that actually hold value too. All projects listed above are fundamentally strong tokens, and therefore, are great options when it comes to researching the most volatile cryptocurrency picks. 

Since the most volatile cryptocurrency assets are often those with a low market cap – easier for market makers to move the price of – our list included several brand new cryptocurrency projects still at the presale stage and early in their roadmap. Explore our top pick at the link below.

Green Bitcoin - Gamified Green Staking

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FAQs on Volatile Cryptos