Best Crypto to Buy Now In 2024

The Best Cryptocurrency to Invest in 2024

Our list of the best cryptos to buy now ranges from presale assets and low market cap altcoins through to the big caps:

1. Bitcoin Minetrix – This tokenized cloud mining platform allows anyone to start mining Bitcoin easily. Stake and earn $BTCMTX tokens and earn cloud mining credits that can be burnt to purchase cloud mining power on Bitcoin. Bitcoin Minetrix has been soaring since the presale launch, with more than $7.7 million raised.
2. Sponge V2 – Bigger, better, more absorbent version of $SPONGE, which exploded 100x after launching in 2023. The new token aims to list on Binance and OKX, plus launch a new play-to-earn crypto game to reach a $100 million market cap again. 
3. Meme Kombat – New doxxed stake-to-earn meme crypto project with genuine utility offering early-bird investors 149% APY with automatic staking during the presale stage. Wager $MK tokens to fight with meme coin avatars on a battle arena. Around $6.3m now raised in the presale.
4. Launchpad XYZ – A new Web3-focused ecosystem built on the Ethereum blockchain. This ecosystem aims to be the best project for introducing users to crypto, NFTs, and other digital assets. More than $2.4 million raised in its presale.
5. Wall Street Memes – $WSM is a new token backed by a well-known NFT and meme platform that had one of the best crypto presales ever and continues to attract huge trading volume. Has just launched a crypto casino offering a 200% welcome bonus.
6. 5th Scape – The $5SCAPE token offers exclusive access to premium VR content and gameplay. This new token has recently been launched on presale and aims to raise $15 million. 
7. eTukTuk – Buy this sustainable cryptocurrency to make payments with crypto tokens on EV charging stations and earn staking rewards. eTukTuk will help TukTuk drivers in developing nations access cheaper payments. More than $265k raised with staking APY currently around 750%.
8. Green Bitcoin – Best gamified Bitcoin price prediction cryptocurrency to buy in 2024, on presale now – stake your $GBTC, predict Bitcoin’s price and earn rewards.
9. Scorpion Casino – With a fair reward distribution system integrated into the smart contract, the project allows you to generate daily passive income worth up to $10,000 by holding SCORP. More than $2 million raised in the presale.
10. Doge Star – Doge-inspired galactic metaverse aims to provide an integrated NFT ecosystem with DAO governance, a gigantic 69% token burn, a structured presale price increase, and a huge 1 quadrillion supply. $800k raised so far. 
11. Pikamoon – The ultimate play to earn metaverse has taken elements from some of the world’s most successful games to create an engaging P2E ecosystem with great earning potential for gamers. The team is fully doxxed and more than $4.2 million has been raised in the presale.
12. Bitcoin (BTC) – The oldest cryptocurrency with the largest market capitalization, this will always be a prime recommendation for investors. 
13. Ethereum (ETH) – The original smart contract development environment and the most successful altcoin in history. 
14. Binance Coin (BNB) – Native token of the world’s largest crypto exchange and considered by many to be the best crypto to buy now with FTX exchange defunct.
15. XRP (XRP) – Cult-favorite pick for the best crypto to buy now, stood the test of time as a cross-border payments network for banks.
16. Dogecoin (DOGE) – Best meme coin in its growing market, ranked in the top 10 coins on CoinMarketCap.
17. Uniswap (UNI) – Growing decentralized exchange and native token UNI which was one of the best cryptos to buy in the 2021 bull run.
18. Shiba Inu (SHIB) – Best meme coin outside of the top 10 cryptos by market capitalization, second largest behind DOGE.

The above projects were identified from market research based on various factors – such as their upside potential, current market capitalization, and valuation compared to prior all-time highs. 
Many of the cryptos featured in this article could be used by an investor to build a diversified crypto portfolio in the run-up to the next bull run.

1. Bitcoin Minetrix – New Stake-to-Mine Crypto 

Our next pick for the best cryptocurrency is Bitcoin Minetrix ($BTCMTX). This is a stake-to-mine cryptocurrency that is reducing the entry barrier for cloud mining activities – over $7.7 million has been raised in the presale, which is also offering a staking APY of 149% and is our overall best crypto presale.
Bitcoin Minetrix will tokenize cloud mining through its ecosystem. By holding $BTCMTX, the native cryptocurrency, token holders can stake their assets and generate passive income. Bitcoin Minetrix will leverage cloud mining companies’ equipment, saving costs for individual miners. 
As your tokens are staked on the ecosystem, Bitcoin Minetrix will offer you cloud mining credits. These will be non-tradable ERC-20 tokens, which can be burnt on the ecosystem in exchange for Bitcoin cloud mining power. Once your credits are burnt, you receive an allocated cloud mining time through which you can collect a percentage of the mining revenue. 
Bitcoin Minetrix came up with this solution due to the dubious scams that are prevalent among other third-party cloud mining companies. By giving autonomy via the $BTCMTX credits, users will easily be able to generate cloud mining credits. 
This new cryptocurrency platform has just started the token presale for $BTCMTX. From a total supply of 4 billion, 70% of the tokens have been allocated equally across twenty presale rounds. At the time of writing, $BTCMTX is priced at just $0.0127 during the ongoing presale round. 
The price will hike to $0.0148 by the 39th and final presale stage. 
42.5% of the presale tokens will be used for Bitcoin mining, while 7.5% will be staked, and 15% will be set aside for the community. Read the Bitcoin Minetrix whitepaper and join the Telegram channel to learn more about this cryptocurrency project. 
We gave Bitcoin Minetrix an 88% recommendation as a crypto to buy now.

Visit Bitcoin Minetrix

2. Sponge V2 – Stake-to-Bridge Meme Coin Aiming to List on Binance and OKX

Sponge V2 is a new version of the ultra-popular $SPONGE meme coin, which rocketed up to a $100 million market cap in the spring of 2023. The explosive move earned early investors in $SPONGE a 100x return, and some meme coin analysts believe that the V2 launch could deliver equally incredibly growth.
The new token builds on the existing $SPONGE ecosystem, which has more than 11,500 token holders and a market cap of $16 million. According to the Sponge whitepaper, the project plans to release a new play-to-earn game in which players can race as Spongebob Squarepants and collect $SPONGE as they play.
 The team behind $SPONGE also plans to shoot for listings on Binance, OKX, and other major exchanges. A listing on Binance, the world’s biggest crypto exchange, could send the price of this token soaring. The exchange recently listed meme coins $MEME and $BONK, and both saw enormous price gains in the following days.
Sponge is a stake-to-bridge token, meaning that the only way to get the V2 token is by staking and permanently locking the V1 token. Investors who lock their V1 tokens will receive rewards in $SPONGE for the next 4 years, making this a very lucrative staking opportunity.
Plus, for a limited time, investors who buy $SPONGE and stake to bridge will earn a bonus in V2 tokens equal to their purchase. This is a chance for investors to double their $SPONGE holdings in a single purchase.
The Sponge sale is rapidly evolving as V1 tokens are locked away, so be sure to follow the project on X, Telegram, and Discord for the latest updates.  
We gave Sponge V2 a 90% recommendation as a crypto to buy now.

Visit SPONGE

 
3. Meme Kombat ($MK) – Best Play-to-Earn Crypto 

The next crypto on our list is Meme Kombat ($MK) which offers staking and is a top play-to-earn crypto game. This exciting new blockchain meme coin project leverages AI and stake-to-earn (S2E) mechanics with decentralized gaming offering degens a meme token with genuine utility. 
With just a few weeks since its launch, the Meme Kombat presale has already raised over $6.3 million, highlighting its upside potential and popularity amongst degens and the wider crypto market.  
Meme Kombat’s platform facilitates outcome-based wagers, crypto staking, and Web3-based meme gaming. This trio of hot crypto trends helps Meme Kombat enter the scene as an innovative crypto project merging meme culture with staking and wagering games. 
As well as earning an income from staking – which currently sits at 149% APY – users will have the opportunity to bet with $MK tokens on the results of battles between 11 meme characters within the Meme Kombat battle arena. 
Meme Kombat introduces an innovative gaming sisystem that pivots on its native token, $MK. The main premise: to simplify staking and wagering while simultaneously offering enticing rewards. Winners not only receive $MK tokens but also stand a chance to win valuable prizes.
A unique staking system sits at the heart of this gaming ecosystem. Early-bird enthusiasts can purchase $MK tokens for a discounted price of $0.279 and begin earning up to 415% through the staking mechanism. However, the income earned is based on both the staking duration and the level of engagement on the platform.
Throughout the presale, staking is automatic for all degen buyers, with rewards accumulating over time. After the presale ends, participants can re-stake their tokens via the claim page. It’s important to note that removing tokens from staking post-presale results in forfeiting rewards, which compound daily.
How do Meme Kombat’s tokenomics work? With 50% of the total token supply allocated to the presale, 30% for staking and battler rewards, 10% for community rewards, and 10% for decentralized exchange liquidity, Meme Kombat offers a comprehensive meme, staking and wagering ecosystem that works. 

The global online gambling market is surging, with blockchain technology at its forefront, projected by businesswire.com to increase from $88.65Bn in 2023 to $125.6Bn in 2027 at a compound annual growth rate of 9.1%. Meme Kombat stands out from the crowd by combining blockchain, AI, and memes in a new yet exciting way, appealing to the same demographic that has made staking and meme coins popular. 
Unlike traditional staking, Meme Kombat facilitates the active use of staked $MK coins, making them available for wagers. Meme Kombat token can be purchased using ETH, BNB, or USDT (ERC-20 and BEP-20 versions), offering a unique gateway to meme-powered game-based gambling and dual-purpose staking, making it an exceptional crypto opportunity with 10x potential. 
Read the Meme Kombat whitepaper and join the X (formerly Twitter) and Telegram channels to stay updated with all the latest news and announcements. 
We gave Meme Kombat an 87% recommendation as a crypto to buy now.

Visit Meme Kombat

4. Launchpad XYZ – Best Gateway to Web3

Launchpad XYZ is a brand-new Ethereum-based platform that aims to streamline the transition of the next 10 million users to the world of Web3 technologies. To do this, Launchpad XYZ will offer various tools and features to create an ‘all-in-one’ ecosystem that touches on all aspects of Web3 – a setup that has yet to be completed in the crypto market. 
Within the Launchpad XYZ platform, users can access a decentralized exchange (DEX), trading terminal, presale marketplace, metaverse experience library, play-to-earn (P2E) game hub, and much more. Launchpad XYZ will also offer several features that have yet to be widely adopted by the crypto community, such as an NFT DEX and a fractionalized assets marketplace.
One of the main features is the alpha Telegram channel, which offers signals and recently made a 7,000% call on LINQ. Underpinning all of these features is LPX – Launchpad XYZ native ERC-20 token. As per the project’s whitepaper, LPX will be used to pay fees and list assets on Launchpad XYZ numerous exchanges, although investors can also stake tokens to receive unique benefits. 
These benefits include early access to presale cryptos and discounts on trading fees. Since Launchpad XYZ is entirely decentralized, the platform never has control over each user’s digital assets. Moreover, Launchpad XYZ will also feature expert insights and educational materials showcasing how users can make money through new and exciting Web3 technologies.
However, as a presale cryptocurrency, Launchpad XYZ is naturally considered riskier than more established coins since there’s no price history to look back on. However, even though presale cryptos have clear risks attached, they can sometimes provide significant returns – such as in the case of Lucky Block.
Those looking to participate in the presale, which has raised $2 million, can buy Launchpad XYZ tokens for $0.0445 – 50% lower than the project’s intended listing price. Notably, the LPX price will increase between stages, rewarding those who get involved the earliest. Interested investors can learn more about Launchpad XYZ by joining the official Telegram channel.
We gave Launchpad XYZ aN 85% recommendation as a crypto to buy now. 

Visit the Launchpad Presale Now

5. Wall Street Memes – Best Meme Coin to Buy Now

Wall Street Memes ($WSM) enjoyed one of the best crypto presales of 2023 and its early success and huge community make it a strong pick to be the next crypto to explode.
It is the best meme coin to buy now as it has a small market cap but high trading volume – signaling huge room for growth. The project, which also offers staking rewards, has also just launched a new crypto casino as it continues adding utility to its ecosystem.
Powered by Telegram, the Wall Street Memes casino will offer instant, secure, and anonymous gaming, with thousands of slots, live card games, and sports betting. New players can earn a huge welcome bonus of a 200% matched first deposit, up to $25,000, while those who deposit $WSM will earn an extra 200 free spins.
Wall Street Memes has been a fixture in crypto since 2019, and has built a social media following of more than a million, with high-profile personalities like Elon Musk having interacted with the platform’s memes, highlighting its popularity online. It previously launched the Wall Street Bulls NFT collection, which sold out in 30 minutes, before launching $WSM – which sold out its $25 million presale in record time.
After listing on exchanges, $WSM pumped by almost 300% and now appears set to break out when wider market conditions improve, especially with the added utility from the casino. 
The $WSM token has a total supply of 2 billion tokens and is listed on multiple tier-1 CEXs. Keep abreast of this project’s developments via the Wall Street Memes Telegram.
We gave Wall Street Memes an 84% recommendation as a crypto to buy now. 

6. 5th Scape – Best Virtual Reality-Themed Crypto 

5th Scape ($5SCAPE) is combining the thrill of virtual reality by incorporating blockchain technology in its immersive gaming ecosystem. 
This new virtual reality ecosystem will allow players to access realistic gameplay through its VR world while offering earning opportunities through the $5SCAPE token. $5SCAPE is a utility token that has recently been launched on presale. 
Token holders can get access to the 5th Scape gaming platforms – such as an upcoming MMA-themed VR game called ‘Cage Conquest.’ $5SCAPE holders get lifetime access to the content within this gaming ecosystem. 
You can also earn in-game advantages and discounts on VR products such as headsets and gaming chairs. The $5SCAPE token has a total supply of 5.21 billion. Currently, 80% of the total supply is being allocated through 12 presale rounds. 
At press time, $5SCAPE is priced at $0.00187 during the first round. By the final round, the price will jump to $0.0087 – a 350% price jump. By the end of the presale, 5th Scape aims to raise $15 million.  
Join the 5th Scape Telegram channel to keep yourselves updated with any new project developments. 
We gave $5SCAPE an 82% recommendation as a crypto to buy now. 

Visit 5th Scape Presale

How We Rated the Best Cryptos to Buy Now

To curate this list of the best cryptos to buy now we looked at various factors including historical performance, potential for growth and long-term potential, current price, utility, and security. For new projects currently on presale we also analyzed their teams, whitepaper, tokenomics, and roadmap to ensure they are legitimate projects that offer no risk of being a scam. Here’s how we weighted every aspect of the best cryptos to buy now.

Market Performance (25 percentage points)

• Recent Price Trend: We assessed the crypto’s price movement over the past three to six months, considering both short-term and long-term trends.
• Market Capitalization: We looked at the overall market value of the cryptocurrency, as it reflects its position and significance in the market.

Utility and Use Cases (20 percentage points)

• Practical Applications: We examined how the cryptocurrency is used in real-world scenarios, considering whether it has unique features or applications that set it apart.
• Technological Innovation: We evaluated the underlying technology and any recent innovations that contribute to the cryptocurrency’s usefulness.

Community and Adoption (15 percentage points)

• Community Engagement: We analyzed the level of activity on social media, forums, and community platforms as a colorful and engaged community often indicates strong support.
• Adoption Rate: Since higher adoption rates suggest a broader ecosystem, we looked at how widely the cryptocurrency is accepted by merchants, businesses, and other users.

Development Team (15 percentage points)

• Team Reputation: We investigated the track record and reputation of the development team. We don’t want to put down any crypto projects from newcomers, but we can all agree that experience and success in previous projects enhance credibility.
• Transparency: We assessed how transparent the team is in sharing project updates, development progress, and any challenges faced. The more the community knows about what’s going on, the more confident they can feel about their crypto purchase.

Security (15 percentage points)

• Network Security: We evaluated the security features of the underlying blockchain technology, considering factors like consensus mechanism and resistance to attacks.
• Past Security Incidents: We researched any historical security incidents or vulnerabilities, and analyze how well the team handled and mitigated them.

Regulatory Compliance (10 percentage points)

• Compliance with Regulations: We checked if the cryptocurrency complies with legal and regulatory frameworks in the regions where it operates – a crucial factor for long-term sustainability.

Roadmap and Future Plans (5 percentage points)

• Development Roadmap: A clear and well-defined roadmap can instill confidence in investors, so we also reviewed the crypto’s future plans, upcoming updates, and milestones outlined in its development roadmap. 

Put together, the scores provided a comprehensive view of the cryptocurrency’s overall strength and potential, and allowed us to assign a percentage rating to each of the cryptos recommended on this page.

Long-Term Potential 

First, it is wise to consider what is the long-term potential of the crypto project. For example, Bitcoin will likely remain a ‘store of value’ for most, while Ethereum operates as the de-facto smart contract blockchain for ERC-20 tokens and metaverse coins, making it incredibly useful.
The long-term potential of both Bitcoin and Ethereum looks strong. As outlined above, the fact that major investment firms are preparing to offer Bitcoin and Ethereum ETFs to their clients, with the SEC expected to approve them, will be seen as a ‘huge seal of approval’, as Galaxy Digital CEO Mike Novogratz put it, for the potential long-term value of those two coins.
Analysts at British investment bank Standard Chartered told their clients earlier this year that BTC could reach $120,000 by the end of 2024 – a 233% price increase from now – and a healthy Bitcoin means the rest of the market is healthy as investment trickles down into riskier tokens.
Similarly, many other established crypto projects should have a bright future ahead of them. For instance, XRP has formed partnerships with over 200 banks, despite its continued issues with the SEC, while plots of land within the Decentraland metaverse have been purchased by multiple global brands.   
There are dozens of examples of major brands investing in Web3 and blockchain technology and by the end of the decade, it is expected to become a much larger part of mainstream life. Indeed, ARK Invest CEO Cathie Wood has predicted that the total crypto market – currently worth just over $1 trillion – will be worth as much as $25 trillion by the end of the decade.

Wondering how much to invest in cryptos? Many investors will have missed the opportunity to buy Bitcoin at under $100 or Ethereum at below $1. Fortunately, there are plenty of other opportunities to target similar gains. 
One of the best ways of achieving this goal is to search high and low for solid presale projects, which are often referred to as crypto ICOs (initial coin offerings). For example, in late 2022 Tamadoge was on sale for $0.01 in the first stage of its presale before reaching a peak of $0.194 after listing on exchanges – nearly 2,000% gains from that price. Crypto presales tend to offer more room to grow as they sell tokens at lower than their true market value to fund development.
However, investors must be diligent in their research to ensure they only purchase high-potential tokens that have a legitimate chance of being a worthy investment. Research should include investigating the following:

• Read the whitepaper: A whitepaper is a document that outlines the whole project and should give readers a clear understanding of exactly what they are investing in. Poorly written or vague whitepapers should be considered a red flag.
• Read the roadmap: A roadmap is the plan of how a project will develop over the coming months and years. It is easy to promise a $1 billion market cap, but the best projects also outline plans of action and the steps they will take to get to that point.
• Check the smart contract: Unfortunately, the crypto world is rife with scammers and some projects are intended to steal funds from the get-go. There are resources to check smart contracts, while top projects will provide a full audit from a reputable third-party blockchain security firm.
• Check the team: Again, due to the proliferation of scammers in the space, doxxed and public teams will relieve investors as they know exactly who is behind the project. An anonymous team is not necessarily a red flag if other parts of the project (whitepaper/roadmap/audit) are legitimate.
• Check social media sentiment: Social media sentiment and hype are crucial to the success or failure of a project. Interesting projects will fail if they do not catch the attention of the wider marker. Similarly, be wary of projects that use bots/fake accounts to promote their tokens.

Utility 

When searching for one of the top 10 cryptos to invest in, it is wise to focus on projects that have a real-world use case. As we mentioned earlier, Ethereum is a high-quality utility project as it has hundreds of other protocols and thousands of altcoins built on top of its blockchain. This means that its token ETH has huge levels of demand as people engage with those projects.
At the time of writing ETH has more than a 50% market share for DeFi chains, with a TVL (Total Value Locked – the value of other projects built on its blockchain) sitting at more than $25 billion, according to DeFiLlama.
Ethereum has more than 950 other protocols built on top of it, more than a third larger than the Binance Smart Chain (664), while the next largest chain by TVL, Tron, is almost 70% smaller with a TVL of around $8 billion.

Market Capitalization  

Investors should have a firm grasp of how the market capitalization of a crypto asset works as it will enable the investor to assess what the potential upside looks like. For example, when the price of Bitcoin peaked in late 2021, it surpassed a market capitalization of over $1 trillion. In theory, this means that the upside is potentially limited with Bitcoin, as it has already witnessed significant levels of growth. 
Should Bitcoin break a new all-time high in the coming months it would represent a 92% price increase from the price at the time of writing – an excellent ROI but one that can be beaten in other parts of the market.
Smaller market caps projects, such as trending meme coins, have much larger room for growth as it doesn’t take so much investment to see their price increase. For example, in the past week alone five meme tokens listed on CoinMarketCap have seen a price increase of more than 100% beating what Bitcoin investors hope to achieve in the next 12 to 18 months – there will be dozens more if one navigates around the site.
Of course, small market cap tokens come with increased risk that have to be priced in when investing. While small market tokens can see much higher growth in a shorter spell than the likes of Bitcoin and Ethereum, they are also more likely to plummet in price.

Competition  

It is also a good idea to see how much competition the respective crypto asset has. After all, there are now more than 25,000 tokens listed on CoinMarketCap – and even more that lie in waiting. For instance, there are many so-called ‘Ethereum Killers’ in the market, each of which claims to offer a faster, cheaper, and more scalable alternative to Ethereum. 
Investors will need to decide on whether it is better to invest in Ethereum or a direct competitor such as layer-2 solution Polygon, which is capable of faster speeds and cheaper transactions than Ethereum, but has yet to gain the same footing with consumers.
The same is true of ‘DOGE Killers’, meme coins that promise to one day surpass the market cap of Dogecoin, the biggest and most popular meme coin. Crypto investors often cycle through tokens and trends, with copycat and derivative tokens quickly popping up if one token shows it resonates with investors. 
Pepe is one such example – after the meme coin hit a $1 billion market cap in May 2023 it sparked a mini meme coin revival with dozens of copycat tokens, such as Pepe 2.0, AstroPepeX, McPepe, PepeAI and dozens – if not hundreds – of others being created in its wake.

Trading Signals and Trading Bots

Some investors prefer to integrate the best crypto signals into their trading strategy as it allows them to eliminate emotions from the investing process. We have also reviewed the best AI crypto trading bots for traders who want to execute trades 24/7.

Trends

As mentioned above, trends should not be discounted when deciding which cryptos to purchase at a given time. Investing in a trending token or theme can prove to be both hugely beneficial if the timing is good – or disastrous should an investor take too long to realize that the trend is no longer popular.
During the 2021 bull run was play-to-earn gaming and the metaverse, which was expected to become a major industry in the 2020s and revolutionize the way people played games and interacted in a virtual world.
Axie Infinity (AXS) is one such example as it grew more than 3,300% – rising from under $5 to over $160 – from June 2021 to November 2021, as players across the world invested in their NFTs and cottage industries were developed with players earning incredible sums. 
At its peak, the game had almost 3 million daily active users and a market cap of almost $10 billion, a piece of virtual land in its metaverse sold for over $2 million, and players in developing countries were earning up to 5x their regular wage.
However, complaints over the gameplay and the price of the NFTs needed to play it quickly saw the hype die away. By January 2022, the market cap had dipped to $3 billion and the price to under $50. Its secondary token SLP lost 99% of its value just a month later and then the protocol suffered a $600 million hack from North Korea from which it has never recovered.
According to DappRadar, there are just 13,500 daily active players at the time of writing, with the price around $6.
Investing in a trending token can bring huge rewards but investors should be diligent to take profits and/or cash out when that trend starts to die, unless they want to be left holding a worthless bag of tokens.

Conclusion

In summary, this market insight has reviewed and ranked many of the best cryptos to buy now. We have covered a variety of projects to ensure that investors can diversify well and help answer which crypto to buy in 2024. Diversification can help to preserve capital, because all investments carry risks, and prices can go in both directions. 
Our top choice for the best new cryptocurrency is Bitcoin Minetrix. This stake-go-mine token comes with high staking APY and lets you swap for Bitcoin mining credits.