{"id":326735,"date":"2022-04-28T07:39:21","date_gmt":"2022-04-28T11:39:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=326735"},"modified":"2024-12-21T03:28:53","modified_gmt":"2024-12-21T03:28:53","slug":"best-cryptocurrency-to-buy","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-cryptocurrency-to-buy","title":{"rendered":"Best Crypto to Buy Now – Top 10+ List"},"content":{"rendered":"

Traders and investors constantly seek out the next big thing: the best cryptocurrency to buy of 2024 for a short-term trade or an under-the-radar project that could return a high ROI in the next 5-10 years.<\/p>\n

In this guide, we rank and review our picks for the best cryptocurrency to invest in 2024 wise, including upcoming pre-ICO cryptocurrencies still early in their roadmap, alongside some more established projects already listed on exchanges.<\/span><\/p>\n

Best Cryptocurrency to Invest In 2024<\/h2>\n

Below are over a dozen high-potential options from our market research into the best crypto to buy now:<\/p>\n

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    \n
  1. LuckHunter<\/strong> – Top GambleFi Token with Exclusive Perks<\/li>\n
  2. Netcoin<\/strong> – Next-Generation Blockchain Ecosystem<\/li>\n
  3. SEI<\/strong> – A DEX-Powering Crypto<\/li>\n
  4. Manta Network<\/strong> – A Modular Web3 Ecosystem<\/li>\n
  5. Ethereum<\/b> – The Most Popular Blockchain for Building dApps<\/span><\/li>\n
  6. SushiSwap<\/b> – AMM-Based Decentralized Exchange for Crypto Trading<\/span><\/li>\n
  7. Compound<\/b> – Decentralized Liquidity Pool to Lend and Borrow Cryptocurrencies<\/span><\/li>\n
  8. Wall Street Pepe<\/strong>\u00a0– Meme Coin Wanting to Democratize Profit-Generating Opportunities<\/li>\n
  9. Best Wallet Token<\/strong> – Popular Utility Crypto With a Huge Growth Potential<\/li>\n
  10. CatSlap\u00a0<\/strong>– Viral Meme Coin Featuring a Cat Slapping Other Memes<\/li>\n
  11. Flockerz<\/strong> – Community-Themed Meme Coin with a High Growth Potential<\/li>\n
  12. Pepe Unchained<\/strong> – Popular Pepe-Themed Memecoin With High Growth Potential<\/li>\n
  13. Bitcoin<\/b> – The Largest Cryptocurrency by Market Cap<\/span><\/li>\n
  14. Uniswap<\/b> – The Largest Decentralized Exchange Crypto by Market Cap<\/span><\/li>\n
  15. Sandbox <\/b>– Best Metaverse Crypto and NFT Gaming Platform<\/span><\/li>\n
  16. Maker<\/b> – Smart Contract Enabled Defi Landing Platform<\/span><\/li>\n<\/ol>\n<\/div><\/div>\n

    Best Cryptocurrency to Buy 2024 – Full List<\/h2>\n

    In this section, we review each cryptocurrency project included in our list of the best cryptocurrencies to invest in and why we selected them:<\/span><\/p>\n

    LuckHunter – Top GambleFi Token With Exclusive Perks<\/h3>\n

    Renowned for its game-changing innovations, LuckHunter has emerged as one of the most popular spots to wager on top-quality casino games and sports betting markets. At its core, LuckHunter seeks to pioneer the world\u2019s largest mixed-reality casino, matching the tastes and preferences of every gambler.<\/p>\n

    However, with the presale launch of its native token LHUNT, LuckHunter is stepping into the crypto arena in a new dimension. This token comes with a compelling utility idea along with multiple earning possibilities to establish itself on the watchlist of both short and long-term investors. First, like other top GambleFi tokens like RLB and CHP, gamblers will be able to wager on games and sports betting options with $LHUNT.<\/p>\n

    \"\"<\/p>\n

    Another key attraction for $LHUNT is that it serves as investors\u2019 ticket to enjoying a host of benefits, including daily staking income, 100% casino credits, VIP community membership, top-quality games, and mind-blowing giveaways.<\/p>\n

    Beyond the aforementioned perks, presale investors will also see their initial investments grow by 400% by the time the token opens for DEX trading. At the time of writing, one $LHUNT is exchanging hands for $0.001 though the price is expected to increase by 10% when the token enters the second stage of its ongoing presale campaign. As such, there’s no better time than now to buy $LHUNT.<\/p>\n

    According to its whitepaper, LHUNT will make its debut on exchanges with a listing price of $0.005.<\/p>\n

    As the casino ecosystem continues to grow, the token will gain more traction, thereby driving up its price. Hence, $LHUNT is one of the top tokens to watch closely this year.<\/p>\n

    Netcoin – Next-Generation Blockchain Ecosystem<\/h3>\n

    Thanks to its novel utility idea and significant earning mechanic, Netcoin has strategically positioned itself as one of the best crypto assets to buy now. At the heart of its viral appeal is its all-around blockchain ecosystem, specifically designed to champion sustainability, decentralization, and innovation.<\/p>\n

    Designed to be a better Bitcoin, Netcoin adopts a Proof of Stake (PoS) model, providing a more eco-friendly way for users to explore blockchain functionalities. In fact, it operates a green blockchain network that is 99% energy-efficient than Bitcoin. This particular aspect of Netcoin reinforces its position as one of the most sustainable blockchain ecosystems to storm the market.<\/p>\n

    \"\"<\/p>\n

    Also, setting itself apart from Solana and Ethereum, Netcoin offers blistering transaction speed and low costs, giving users an edge over others. Developers can leverage its cutting-edge architecture to create innovative projects that cut across decentralized applications, NFTs, meme tokens, AI initiatives, and more.<\/p>\n

    Similarly, Netcoin also acts as a peer-to-peer payment platform, leveraging its rich functionalities to provide almost-instant payments from anywhere in the world. That being said, Netcoin is inviting investors to become validators on its fast-growing network, using their staking powers to verify new transactions, strengthen the security of the network, and earn attractive token rewards.<\/p>\n

    Unlike other presales that have launched this year, Netcoin takes a deflationary approach, having a fixed supply of 21 million tokens. Its scarcity model ensures long-term value, promoting steady appreciation when launched on IEO.<\/p>\n

    As the Donald Trump-inspired bull run continues to captivate the entire crypto town, Netcoin stands out as one of the best low-cap tokens to buy. When launched on exchanges, the token could capitalize on its game-changing blockchain offering to reach unprecedented levels.<\/p>\n

    SEI – A DEX-Powering Crypto<\/h3>\n

    Another cryptocurrency project that can be considered the best crypto to buy right now is SEI<\/a>.<\/p>\n

    It is the first sector-specific layer 1 blockchain, which has been described as a way to provide decentralized exchanges a better advantage in the ecosystem.<\/p>\n

    \"Sei<\/p>\n

    The platform has been designed as a way to make mass adoption of digital assets possible and has been implemented by multiple institutes, including Coinbase.<\/p>\n

    SEi has been described as the industry’s fastest blockchain that leverages Twin-Turbo consensus for execution. This is not a blockchain that\u2019s based around other chains, which gives it more security.<\/p>\n

    Furthermore, the platform has been made open-source to allow developers to build their own applications. Additionally, the platform also focuses on providing perks like scalability and adaptability for new decentralized applications.<\/p>\n

    SEI was subject to multiple bull runs in 2023. Over the course of its lifetime, the token has gone up by more than 7000%. Current charts show that the platform will continue to grow, bringing more value to the ecosystem.<\/p>\n

    Manta Network – A Modular Web3 Ecosystem<\/h3>\n

    Manta Network is introducing a modular ecosystem to the Web3 place, allowing users to develop solidity-based applications easily. It has a unique and efficient technology stack that can be leveraged by most developers. Its modular approach has allowed it to have more speed than L1 and lesser gas fees than L2.<\/p>\n

    \"Manta<\/p>\n

    The platform is considered to be one of the first EVM-equivalent Zk application platforms with both scalability and security factors. The platform has been powered by four technological stacks, including Celestia, Polygon, OP Stack, and Polkadot.<\/p>\n

    The official whitepaper describes Manta Network as app agnostic, allowing the Manta Software Development Kit (SDK) to be accessible across multiple pools. Another core feature that has gotten the attention of multiple investors is the fact that it is a growing ecosystem featuring non-invasive compliance.<\/p>\n

    Manta Network\u2019s performance on the price charts has been a bit volatile, and it has experienced a growth of only 28% throughout its lifetime till now. That said, the project is currently engaged in multiple partnerships, which will allow it to cast a wider net when it comes to use cases, priming it to achieve more growth in 2024.<\/p>\n

    Ethereum – The Most Popular Blockchain for Building dApps<\/h3>\n

    Ethereum is one of the most well-established and profitable cryptocurrency<\/a> projects in the DeFi market that is familiar to almost everyone who has ever traded cryptocurrencies. Russian- Canadian programmer Vitalik Buterin created it, and has become the second-largest crypto project with a market cap of $359.5 billion.\u00a0<\/span><\/p>\n

    \"Ethereum\"<\/span><\/p>\n

    Ethereum<\/span> is a blockchain platform that can be used for creating decentralized applications; hence it\u2019s the home to several other cryptocurrency projects. Ethereum was the first platform to use smart contracts, self-executing contracts representing the agreement between the buyer and the seller. Being launched on the Proof of Work mechanism, Ethereum is now moving to the Proof of Stake mechanism, which is more environmentally friendly than PoW.\u00a0<\/span><\/p>\n

    Ether is the native cryptocurrency of the Ethereum blockchain, which has the ticker <\/span>ETH<\/span>, the current value of which is almost equal to $2266. As one of the most popular cryptocurrencies in the world, ETH is supported by all the leading crypto exchanges and brokers in the industry. Additionally, holders can stake their ETH tokens to promote network security and get rewards.<\/span><\/p>\n

    ETH is considered by many to be the best cryptocurrency to buy that isn’t Bitcoin – i.e., the best altcoin<\/a>.<\/p>\n

    SushiSwap – AMM-Based Decentralized Exchange for Crypto Trading<\/h3>\n

    Along with the development of decentralized apps, decentralized exchanges also emerged, which, similar to traditional exchanges, support buying and selling cryptocurrencies. Sushswap is one of such DEXs running on the Ethereum blockchain, and like many other decentralized exchanges, it uses the idea of collective liquidity pools.\u00a0<\/span><\/p>\n

    \"Sushiswap\"<\/span><\/p>\n

    Unlike traditional exchanges, which provide a third party to manage the transactions, on SushiSwap, the assets are locked in smart contracts – holders lock their cryptocurrencies into these pools, and buyers purchase them. This mechanism is called Automated Market Maker as everything is done through codes, and no central governing party is needed.\u00a0<\/span><\/p>\n

    The native token of Sushiswap is <\/span>SUSHI<\/span>, a governance token, meaning that everyone holding a SUSHI token can propose changes regarding the project’s operations and vote on the others\u2019 proposals.\u00a0<\/span><\/p>\n

    SUSHI entered the market with a price of below $1. The prices increased drastically in less than a year, and Sushiswap hit an all-time high of $22 on March 13, 2021. SUSHI’s value started to fall, influenced by several reasons, including a large sale by one of its founders.<\/span><\/p>\n

    Now it’s undervalued, and many top traders consider SUSHI the best crypto for a mean reversion play.<\/p>\n

    Compound – Decentralized Liquidity Pool to Lend and Borrow Cryptocurrencies<\/h3>\n

    Compound<\/span> is an Ethereum-based cryptocurrency project founded by entrepreneurs Robert Leshner and Geoffrey Hayes. The project seeks to create a traditional money market where users can lend funds and get rewards. In contrast, borrowers can take loans from the market and pay the interest rates. The platform now supports over 10 cryptocurrencies, including Ethereum, Dai, Tether, USD Coin, Wrapped Bitcoin, etc.\u00a0<\/span><\/p>\n

    \"Compound\"<\/p>\n

    Founded in 2017 as a startup, Compound raised $8.2 million in capital in 2018 from such popular companies as Andreessen Horowitz and Bain Capital Ventures. Another such experience the project had in 2019, raising almost $25 million from companies Like Coinbase and Paradigm Capital.\u00a0<\/span><\/p>\n

    Apart from borrowing and lending multiple cryptocurrencies, Compound has its own token <\/span>COMP<\/span>, which grants platform users any time they interact with the Compound network. COMP token has a maximum supply of 10 million tokens, and 67% are already in circulation. Compound has a market cap of more than $428 million, with which it\u2019s included among the 100 largest cryptocurrencies.<\/span><\/p>\n

    Wall Street Pepe – Meme Coin Wanting to Democratize Profit-Generating Opportunities<\/h3>\n

    The meme coin market is a wild west from which only a few people can generate massive gains. However, times have changed, and whales need to be put in their place\u2014that’s the idea of Wall Street Pepe. Developers of this project claim to change the current dynamic around the meme coin market, which has traditionally focused on making market makers, insiders, and whales rich.<\/p>\n

    \"Wall<\/p>\n

    The goal of this project is to create an army of crypto traders around the mascot\u2014Wall Street Pepe\u2014and turn them into the ultimate whale group or market movers. This approach empowers the community to take control of their own financial fate.<\/p>\n

    With Wall Street Pepe (WEPE), investors will receive exclusive trading benefits. Holders will gain access to WEPE’s alpha calls and insider trading strategies. These individuals can also join the WEPE army and share knowledge about meme coins on social media. This community-driven approach is pushing the token’s strong narrative forward.<\/p>\n

    Users will be able to use WEPE tokens to earn trading rewards by submitting their successful trades to the VIP group on a weekly basis, sharing their strategies with community members. Staking perks are also available, with the earliest investors in the Wall Street Pepe presale generating the most gains by buying WEPE at the lowest price.<\/p>\n

    In terms of tokenomics, Wall Street Pepe takes a simple, community-driven approach to ensure the project’s growth. Allocations include 20% for the Frog Fund, 12% for staking, 15% for trading rewards, 38% for marketing, and the final 15% for exchange liquidity.<\/p>\n

    With its unique narrative and focus on creating a trading ecosystem that rallies the community to influence the meme coin market, Wall Street Pepe brings to mind Wall Street Bets\u2014a community that changed the game by pumping GameStop’s price and nearly bankrupting hedge fund investors. This approach is unique and provides something familiar to the people, making Wall Street Pepe one of the best cryptos to buy this year.<\/p>\n

    Best Wallet Token – Trending Utility Crypto With a Huge Growth Potential<\/h3>\n

    The recently launched presale for BEST, the native token of Best Wallet, has captured significant attention in the crypto community. Currently, only Best Wallet users can access this presale phase, making it exclusive to those already engaged with the platform. By December, however, the presale will open to the wider public, creating an opportunity for new investors to participate in what\u2019s already being seen as a highly promising project.<\/p>\n

    \"BEST<\/p>\n

    Best Wallet itself is more than a simple crypto wallet\u2014it\u2019s a robust platform designed to evolve into a complete DeFi ecosystem. As a decentralized, non-custodial wallet, Best Wallet supports a vast range of blockchain assets, allowing users to manage, swap, and secure digital assets with ease. The Best Wallet Token will serve as the native token within this ecosystem, connecting users to numerous platform advantages while also powering a diverse suite of features.<\/p>\n

    BEST token holders will benefit from reduced transaction fees within the wallet, providing cost savings on trades, swaps, and other activities. In addition, BEST holders will gain exclusive access to early-stage presales hosted on Best Wallet\u2019s aggregator, enabling strategic investments before the public. With staking options that offer elevated APYs, BEST also presents a strong opportunity for passive income. As an ERC-20 token with a total supply of 10 billion, the project has a funding goal of $10 million in its presale phase.<\/p>\n

    The success of the BEST token is directly linked to the growth of the Best Wallet platform. With the platform\u2019s consistent expansion, a large group of investors views BEST as a high-potential investment, potentially one of the year\u2019s biggest contenders to make it to the top gainers list. This speculation may be further solidified by current bullish market conditions, which amplify the appeal of projects backed by solid utility and a clear vision for growth.<\/p>\n

    CatSlap\u00a0– Viral Meme Coin Featuring a Cat Slapping Other Memes<\/h3>\n

    Meme coins have emerged as the best cryptos to buy this year, and CatSlap has elevated itself to the top spot among them thanks to its unique and simple P2E mechanics. These mechanics, although borderline gimmicky, are funny, which will likely entice the degens of the community to check it out.<\/p>\n

    \"CatSlap\"<\/p>\n

    CatSlap Token is described by its makers as crypto’s most aggressive feline. Based on the cat-slap meme, the meme coin features a cat slapping a Pepe. Users can tap the screen and keep on slapping, and the counter on the website tracks it. The goal is simple: keep on slapping and climb the leaderboards to grab the top spot.<\/p>\n

    This simplicity is also carried over to its tokenomics. With 9 billion tokens in total, 50% is for DEX liquidity, 20% is for staking, 10% is for community rewards, and 10% is for development funds. The team also has 10% of the total supply. However, it is vested for 10 years, ensuring that there is no rug pull happening.<\/p>\n

    This viral combination of a cat slapping and memes can potentially make CatSlap token a leading player in the meme coin niche. Initially available only on Best Wallet, this token is now available on other DEXs. Those interested can visit the official website and invest in this unique asset.<\/p>\n

    Flockerz\u00a0– Community-Themed Meme Coin with a High Growth Potential<\/h3>\n

    Flockerz is a meme coin that introduces a new animal-themed meme while directing attention back to the community side of things, where the control of the project will rest on the community’s shoulders. It does so by establishing a FlockTopia, a decentralized autonomous organization whose voting mechanic has an earning potential blended in.<\/p>\n

    \"Flockerz<\/p>\n

    This way, those who hold the Flockerz (FLOCK) token will also be able to decide the future of the project while earning APY perks. With 25% of the total supply dedicated to staking, there is a lot of potential in the direction Flockerz could take in the future.<\/p>\n

    While the unique Vote-to-Earn mechanic, which investors don’t see enough of in the meme coin space, does make Flockerz interesting, what elevates it as one of the best cryptos to buy in the meme coin genre is its lore.<\/p>\n

    Flockerz has created an interesting story that emphasizes the need to distribute power and democratize the crypto ecosystem. Furthermore, with a flock of blue hens as its mascot, meme enthusiasts now have a new venue to generate comedic memes.<\/p>\n

    Pepe Unchained – Popular Pepe-Themed Memecoin With High Growth Potential<\/h3>\n

    Pepe may be a name that comes to mind every time one thinks of memecoins. Well, Pepe Unchained, a brand new memeproject, is being launched in the space as a better, enhanced version of the original Pepe project. Conceived as a rebellious counterpart to its predecessor, Pepe Unchained spins a narrative where its iconic mascot, Pepe, breaks free from the chains of outdated technology.<\/p>\n

    Initially shackled to a clunky Layer 1 server room, Pepe devises a “giga brain plan” to launch its own chain \u2014 a Layer 2 Solution atop the Ethereum Network.<\/p>\n

    \"Pepe<\/p>\n

    This evolution positions Pepe Unchained not just as another meme token, but as a pioneering force. By leveraging Layer 2 technology, it enhances transaction efficiency, offering investors faster speeds and lower costs compared to traditional blockchain transactions. This innovation marks Pepe Unchained as the world’s first Pepe token with its own dedicated chain, promising improved functionality while retaining the popularity that made the original Pepe project a cultural phenomenon.<\/p>\n

    The project offers staking for its presale investors, which makes Pepe Unchained even more attractive as an investment option. With a clear roadmap laid out in three ambitious steps, Pepe Unchained humorously challenges the status quo, teasing whether it aims to coexist with or surpass its predecessor.<\/p>\n

    This tongue-in-cheek approach not only entertains but also strategically attracts attention, capitalizing on meme-driven tactics that have proven effective in engaging a broad audience. These factors has allowed Pepe Unchained to end the presale quickly and the token is now set to go live on December 10th, 2024. The claim date is the same.<\/p>\n

    Bitcoin – The Largest Cryptocurrency by Market Cap<\/h3>\n

    Bitcoin is the first cryptocurrency ever built, funded in 2009 by an individual or group nicknamed Satoshi Nakamoto. Over the years, Bitcoin has generated colossal popularity and has become the largest cryptocurrency by its market cap. Another reason for this is that Bitcoin has a limited supply of coins – only 21 million <\/span>BTC<\/span> can be issued, and more than 19 million are already in circulation.\u00a0<\/span><\/p>\n

    \"Bitcoin<\/p>\n

    Bitcoin aims to create a decentralized payment system where everybody can make transactions worldwide while remaining anonymous. The cryptocurrency uses blockchain technology based on the Proof of Work protocol, and to become a Bitcoin miner, you need to have sophisticated hardware and provide massive electricity power to generate a new block.\u00a0<\/span><\/p>\n

    One of the reasons to invest in Bitcoin is that it can be considered the most well-established crypto project in the industry. Additionally, several big companies already support BTC, and you can buy goods or services from them in Bitcoins. The following reason is Bitcoin\u2019s low supply which will influence its price positively if the demand for BTC rises. Still, if you can\u2019t afford to buy 1 BTC, you can purchase a fraction by paying as little as $50.<\/span><\/p>\n

    For many, Bitcoin is the best cryptocurrency to buy to solidify a portfolio. Many altcoins have died over the years and trended towards zero – Bitcoin has always hit new highs.<\/p>\n

    Uniswap – The Largest Decentralized Exchange Crypto by Market Cap<\/h3>\n

    Uniswap<\/span><\/a> is another Ethereum-based project that seeks to build a decentralized exchange by collecting liquidity pools. The platform has two member groups – liquidity providers and traders. The first group members lock their assets in intelligent contracts through which later traders can buy and sell assets.\u00a0<\/span><\/p>\n

    \"Uniswap\"<\/p>\n

    Buyers and sellers pay transaction fees for conducting trades on Uniswap, later used to distribute <\/span>UNI<\/span><\/a> tokens to the liquidity providers. In this way, no third party is governing the whale process. Though there are multiple DEX projects in the industry, Uniswap has already garnered much attention and is the largest DEX project by its market cap.\u00a0<\/span><\/p>\n

    Uniswap is among the first DEXs built to provide automated liquidity. It was founded in 2018 by Hayden Adams, and in 2020 the project airdropped 400 tokens to the community who had done any transaction on the platform before September 2020. Apart from being used to pay for transaction fees and granting liquidity providers, Uniswap also powers its holders with governing rights meaning that they can vote on changes concerning the project.<\/span><\/p>\n

    Sandbox – Best Metaverse Crypto and NFT Gaming Platform<\/h3>\n

    Sandbox<\/span><\/a> is one of the most popular Metaverse projects. It provides a gaming platform where users can create their own avatars as NFTs, develop them, and sell them in the Sandbox Marketplace to generate rewards. The gaming platform is highly functional: avatar owners not only hold them but they buy weapons, clothes, and accessories for them.\u00a0<\/span><\/p>\n

    \"Sandbox\"<\/p>\n

    They can also own a piece of LAND within the platform. Later they can upgrade their LAND with more items, host events and take entrance fees, or give others for rent. The Sandbox project created the SAND<\/a> token to power its network<\/span>, both a utility and a governance token. SAND is used to pay for transaction fees, generate rewards, stake, and vote on the changes. The SAND token has a market capitalization of almost $975 million and is among the 50 largest cryptocurrencies by market cap.<\/span><\/p>\n

    Maker – Smart Contract Enabled Defi Landing Platform<\/h3>\n

    The Maker<\/span><\/a> project is one of the earliest Defi projects, founded in 2015 by Danis entrepreneur Rune Christensen. The project consists of the Maker DAO and Maker protocol. The first is a decentralized organization built to operate the Maker protocol designed to allow people to issue DAI coins. DAI is a USD-pegged stablecoin meaning that its value is always kept equal to the US dollar, irrespective of any changes in the market.\u00a0<\/span><\/p>\n

    \"Maker\"<\/p>\n

    Maker DAO is powered by the <\/span>MKR<\/span><\/a> cryptocurrency, a governance token, and anyone holding it possesses some ownership over the Maker DAO ecosystem. It means that MKR holders can participate in the project’s development and vote on its proposals. MKR is valued at $1650 when writing and raises a market cap of $1.6 billion with its current circulating supply. The maximum supply of the cryptocurrency is 1,005,577 MKR coins, and more than 91% are already in circulation.<\/span><\/p>\n

    How We Reviewed the Best Cryptocurrencies to Buy<\/h2>\n

    In the last decade, cryptocurrencies have entered our lives, creating a decentralized infrastructure that allows a peer to peer communication without the need for intermediaries. As the cryptocurrency market continues to evolve and grow, investors are always searching for the best crypto to buy now.\u00a0\u00a0<\/span><\/p>\n

    The cryptocurrency market is huge, however, with thousands of crypto projects created for different purposes. <\/span>The versatility of the industry makes it quite challenging to find profitable cryptocurrencies. Along with innovative projects, some digital currencies created only on hype are risky and can crash after prices soar for a particular period. <\/span><\/p>\n

    But how to know which are the best cryptocurrencies to invest in? Here is a combination of factors that we take into account when we review digital currencies:<\/span><\/p>\n

    Security<\/h3>\n

    Cryptocurrencies are usually based on blockchain technology which is entirely secure due to their decentralized nature. However, there have been cases when blockchains are hacked, so they are not entirely safe, and you need to learn about the technology it is based on if you will make a significant investment in it. However, you can rely on experts’ opinions if you don\u2019t have too much time to review blockchains.\u00a0<\/span><\/p>\n

    Potential growth<\/h3>\n

    To know a crypto asset’s potential for future gains, you must analyze all the programs the team behind the cryptocurrency project plans to implement. Additionally, you should explore what ecosystem the coin supports and whether it has generated good popularity. Apart from it, you need to explore its price performance in the market. In short, you need to conduct a market and fundamental analysis of the cryptocurrency to understand if it has the potential to grow in the future.\u00a0<\/span><\/p>\n

    Use Cases<\/h3>\n

    Utility is another metric you can pay attention to when selecting the best cryptocurrency. If the coin has versatile use cases, it will be purchased for different purposes, and there can be high demand for that crypto asset.\u00a0<\/span><\/p>\n

    For example, Bitcoin is digital money several companies have already adopted as a payment method. ETH is used for paying gad fees within the Ethereum blockchain but has other use cases too. Sand is a governance token to pay transaction fees and trade in the Sandbox Marketplace. When you invest in a crypto asset that can be used on versatile platforms other than simply being a tradable asset, you can at least do another thing with it if you don\u2019t profit.<\/span><\/p>\n

    Is it the Right Time to Invest in Digital Assets?<\/h2>\n

    Whether or not it is the right time to invest in cryptocurrencies depends on your budget and trading preferences. The cryptocurrency market is hugely volatile now, promising high rewards but also somewhat risky. The reason is that any single authority or government does not regulate it and instead uses a decentralized blockchain platform.\u00a0<\/span><\/p>\n

    Due to this, crypto prices are mainly associated with the supply and demand law. So, when there is a high demand in the market and the coin has a low supply, its value increases. In contrast, if it has a vast supply and low demand, the prices decrease. Bitcoin, for instance, has a maximum supply of 20 million coins. When all the coins are issued, their value will be affected positively if there is an increasing demand for this digital asset.<\/span><\/p>\n

    Handling the volatility problem is extremely difficult when it comes to cryptocurrencies; hence you need to be very careful with your capital and only invest in the projects that have the potential to grow and increase their value.<\/span><\/p>\n

    Many cryptocurrencies we reviewed in our guide are currently traded at low prices. These tokens are issued to power quite promising Defi projects, and if they succeed in attracting mass attention, they can become well-established Defi products in the future. All the projects have room for growth in the future, so you can consider buying some of them in low amounts to diversify your portfolio.\u00a0<\/span><\/p>\n

    Other projects like Bitcoin or Ethereum can be bought in fractions, meaning you don\u2019t need to buy a whole BTC but a fraction. These coins seem not so profitable when you invest in small amounts; however, they have several use cases and can become the future of digital money. Hence, it\u2019s worth having some capital in BTCs or ETHs.<\/span><\/p>\n

    Best Platform from Which to Buy Cryptocurrencies<\/h2>\n

    The simplest and most affordable way to buy cryptocurrencies is to find a crypto exchange or a brokerage platform that supports what you’ve identified as the best crypto to buy now. Searching for a crypto broker, you will come across many options, and deciding which one can be difficult. We have already explored the market to offer you the best platforms to buy cryptos in 2024.\u00a0<\/span><\/p>\n

    eToro is a crypto trading platform that supports trading in more than 100 countries and has listed 75+ of the best crypto tokens. It\u2019s one of the most reputable names in the industry due to its exceptional user experience, fast and easy to operate platform, and robust security features. With eToro, you can trade many assets and cryptocurrencies, including ETFs, and stocks.\u00a0<\/span><\/p>\n

    One of the best features of this broker is its social trading platform, which is why several beginners choose it. The platform allows you to follow the news, have conversations with other traders, ask questions, participate in discussions, and, what is most excellent, mirror the trades of professionals with just a click of a button.\u00a0<\/span><\/p>\n

    Another appealing thing about eToro is its pricing structure – the only trading fee charged by the broker is spreads which are competitive in the market. The non-trading fees include a flat withdrawal fee of $5, which is the same regardless of your chosen payment method. There are no account or deposit fees; neither must you pay for using its social platform and tools.\u00a0<\/span><\/p>\n

    Binance is the largest cryptocurrency exchange by trading volume and has listed 600+ coins alongside an NFT marketplace. OKX and Bybit are popular options supporting spot and margin trading.<\/span><\/p>\n

    Now that you are familiar with the best cryptocurrencies and have learned what purposes each of them is built for, you may be curious about investing in them or trading them. To trade or invest in cryptocurrencies, you will need an excellent cryptocurrency exchange or an online broker that supports the coins you want to buy and supports trading in your country.\u00a0<\/span><\/p>\n

    In this part, we will guide you on how to invest and where to trade the best cryptos in 2024.\u00a0<\/span><\/p>\n

    How to Buy the Best Crypto Coins Step by Step<\/h2>\n

    If you want to invest in cryptocurrencies and still don’t know how to start, we have introduced a step-by-step guide on how to do it. We will explain the process with one of the leading brokerage platforms- eToro, which supports most of the coins we included in our recommendation list. eToro is an excellent choice for beginners – it\u2019s safe, functional, and quick to operate.\u00a0<\/span><\/p>\n

    Register for an Account<\/h3>\n

    To begin with, visit eToro\u2019s website, and on the first page, click on the green button that says \u201cStart Investing.\u201d Once you click it, the eToro\u2019s registration window will spring up, where you initially need to create a username and password and provide your email for verification.\u00a0<\/span><\/p>\n

    Next, you must complete the registration process by clicking the corresponding button next to your avatar. Here you will be asked some questions about your identity, including name, surname, address, gender, date of birth, etc. eToro will also ask you to fill in some details about your capital and investment goals<\/span><\/p>\n

    \"Step<\/p>\n

    Verify Your Account<\/h3>\n

    Moving forward, you need to verify your account. If you have already verified your email and phone, you simply have two verification levels: ID and address. For the first one, you can provide your ID or passport copy; the second can be verified through a bank document or utility bill.<\/span><\/p>\n

    Deposit Funds<\/h3>\n

    Once your account is verified, you must charge it with some money to buy coins. Multiple payment options are supported by eToro, including credit and debit cards, wire and bank transfers, and e-wallets (Neteller, PayPal, and Skrill). Whatever payment method you use, you don\u2019t need to pay a deposit fee, and a conversion fee is charged if you are making a non-USD contract.\u00a0<\/span><\/p>\n

    \"Step<\/p>\n

    Of note, we should add that using bank card options; you can charge your account in two-three hours, while wire transfer takes the longest time. After selecting how you will make a deposit, provide your card or e-wallet details and fill in how much money you want to send. The wire transfer method’s steps are thoroughly explained on eToro\u2019s platform.\u00a0<\/span><\/p>\n

    Select the Crypto and Make a Purchase<\/h3>\n

    When your account is prepared for making the purchase, type your selected cryptos name in the search box and click on the first result. To make a transaction, click the \u201cTrade\u201d button, and in the \u201cBuy\u201d window, write the amount you want to purchase. Once your transaction is completed, you will immediately see the number of coins on your exchange account.\u00a0<\/span><\/p>\n

    \"Step<\/p>\n

    Where to Trade Crypto Coins?<\/h4>\n

    Cryptocurrency trading differs from long-term investments in some crucial factors. First and foremost, trading involves creating frequent buy and sell orders, especially when you have chosen a scalping strategy. You must pay a trading fee to your broker whenever you open or close your position. Plus, it should operate quickly so that you can conduct trades corresponding to market changes.\u00a0<\/span><\/p>\n

    To meet these requirements, you should find a suitable cryptocurrency exchange that will support multiple coins, offer a competitive pricing structure, and guarantee the safety of your funds. <\/span>eToro<\/span> may not have as many technical indicators for TA, but it does offer copy trading to replicate the buys and sells of a professional investor.<\/p>\n

    Regarding derivatives, i.e., margin trading – the use of leverage – that is not currently supported at eToro. For traders looking to make use of that, we recommend OKX.<\/p>\n

    Check out our guide to discover the various sectors in the crypto industry<\/a>.<\/p>\n

    Conclusion<\/strong><\/h2>\n

    Cryptocurrencies have been around for less than two decades, meaning they are not yet so well-established to be completely reliable. Plus, they stand out with high volatility, and the risk of losing your capital can be high.<\/span><\/p>\n

    Besides being too risky, cryptocurrencies promise high returns if you invest in them reasonably. While analyzing whether it\u2019s the right time to buy cryptos, you need to consider multiple factors, including general ones like the global economy, political situation, etc. You need to do a fundamental market analysis to manage your trades and bring your investments to a more advanced level.<\/span><\/p>\n

    Another crucial thing to consider in selecting a good brokerage platform that will meet your requirements. A good crypto platform provides a better trading experience and more profitable investments and keeps your funds and data safe. Our top recommendation is eToro.<\/span><\/p>\n

    In this guide, we already listed some of the best cryptos to invest in for 2024, so you can pick your favorite ones and open an account to start trading. Our pick for the best crypto to buy now is Wall Street Pepe.<\/span><\/p>\n

    FAQs on the Best Cryptocurrency to Buy 2024<\/h2>\n
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    What is the best cryptocurrency to invest in this year?<\/h2>
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    \n\t\t\t\t\t\tOur selection for the best cryptocurrency to invest in this year is Wall Street Pepe. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    What is the market cap of the cryptocurrency market?<\/h2>
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    \n\t\t\t\t\t\tThe global cryptocurrency market cap is equal to just over $2.5 trillion, according to coinmarketcap.com. Bitcoin has the largest market capitalization among thousands of cryptocurrencies ($1.3 trillion) and Ethereum follows Bitcoin with its $468 billion market cap. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    Can cryptocurrencies replace fiat currencies?<\/h2>
    \n\t\t\t\t\t

    \n\t\t\t\t\t\tThere are no cases in the industry where cryptocurrencies have replaced fiat currencies. But cryptos have entered our daily lives significantly and Defi projects develop new projects seeking to bring upgrades in different industries to replace the centralized systems. For now, there is not any point to assume that cryptos can overtake fiat in the future. However, there are several companies that accept BTC or other coins as payment methods. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    What is the best way to buy cryptocurrencies?<\/h2>
    \n\t\t\t\t\t

    \n\t\t\t\t\t\tThe best and fastest way to invest in cryptocurrencies is to find a cryptocurrency broker, sign up for an online account, and purchase coins. eToro is one of the best names in the industry that provides a cost-effective and safe investing experience. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    What is the best crypto to buy now?<\/h2>
    \n\t\t\t\t\t

    \n\t\t\t\t\t\tBefore investing in any cryptocurrency, you should do your own research and make sure you can afford to put the capital in it even if its prices decrease. We recommend investing in such cryptos that seem to be promising - our pick for the best cryptos to buy right now is Wall Street Pepe, which is currently on presale allowing early investors to purchase tokens at a discount. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    What is the best cryptocurrency to buy this year as a long term hold?<\/h2>
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    \n\t\t\t\t\t\tThe presale projects we reviewed above include some meme coins which tend to be better treated as a short term trade - debatably the best cryptocurrency to buy as a long term hold would just be Bitcoin. All altcoins tend to retrace as deep as 90 percent or more at some point in their history, whereas BTC has never corrected that much. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t\n