Which cryptocurrency investment holds the most promise? Having to assess so many variables is why many investors withdraw from their crypto investments. But it doesn’t have to be that way. Many promising cryptocurrencies have emerged in 2024.
This guide highlights the top 10+ promising cryptocurrencies you must watch in 2024. We discuss their individual values and assess their potential based on their roadmaps.
What Are the Most Promising Cryptocurrencies this year?
The following tokens have shown the most promise this year.
- Pepe Unchained
- The Meme Games
- PlayDoge
- WienerAI
- Shiba Shootout
- Base Dawgz
- Mega Dice
- 99Bitcoins
- Solana
- Altlayer
- Ethereum
- Apecoin
- Binance Coin
Pepe Unchained – Popular Memecoin Presale Project Inspired By Pepe
Pepe Unchained ($PEPU) is making waves in the crypto space, redefining the meme coin landscape with its innovative approach. Often dismissed as mere jokes, meme coins rarely offer much beyond their humorous value. However, Pepe Unchained is breaking this mould by introducing the world’s first meme coin Layer 2 solution, drastically enhancing transaction speed and reducing costs.
Pepe Unchained leverages cutting-edge Layer 2 technology, ensuring faster processing times and lower transaction fees. This advancement provides a seamless trading experience, setting it apart from other meme coins.
The project’s goal is to foster a vibrant ecosystem that rewards its community. Generous staking rewards make Pepe Unchained an attractive investment, especially for early adopters. This, combined with a strategic tokenomic framework, supports sustainable growth and ensures long-term engagement.
Pepe Unchained addresses the notorious congestion issues of the Ethereum blockchain. By moving to Layer 2, it offers a more efficient and enjoyable user experience with significantly lower transaction costs and higher trading volumes.
With a robust roadmap and strategic token allocation, Pepe Unchained is poised to make a lasting impact. It promises double the staking rewards and endless fun, positioning itself as a strong contender in the meme coin market. Early investors can secure $PEPU tokens at the lowest prices, maximizing their potential returns and staking rewards.
The Meme Games – Promising Memecoin Presale With a Gamified Concept
What sets The Meme Games apart as a highly promising is its unique approach to engagement. Built around the theme of the upcoming Olympic Games, the project features five prominent memecoin mascots, including Pepe and Shiba Inu, who will compete in various virtual sports events. Investors purchasing the MGMES token can bet on their favorite mascots, with winners selected randomly. This gamified presale model offers a 25% bonus on purchases each time an investor’s chosen mascot wins, adding an element of excitement and potential reward that is rarely seen in the crypto world.
Beyond its innovative presale, The Meme Games project is poised for long-term growth due to its robust staking features. Currently, the project offers exceptionally high APY rates exceeding 2000%, making it an attractive option for those looking to earn passive income. As the ecosystem develops, these rates may decrease, but the early opportunity remains compelling.
The project’s strong community engagement and coverage by crypto news outlets and social media influencers have further cemented its place as a trending coin. The team behind The Meme Games appears dedicated to expanding its ecosystem, with plans for additional features and integrations that promise to enhance user experience and utility.
In a market often saturated with fleeting trends, The Meme Games stands out with its blend of creativity, community focus, and solid financial incentives, making it a memecoin worth considering for investors seeking high potential returns.
PlayDoge – Tamagotchi-Themed Memecoin With High Growth Potential
Promising cryptocurrencies often need a blend of value, hype, and a vision that could help them grow in the long term. Despite being a memecoin, PlayDoge boasts these qualities. Launched towards the end of May 2024, it is currently going viral on social media platforms as one of the best projects to invest in for the coming months.
Still in its presale phase, PlayDoge presents a theme set in a dystopian world where Doge memes vanish entirely. A meme trader, fortunately, finds the PlayDoge App, which houses Doge in a Tamagotchi-style pet game. This game is the premise of the entire project. It features a 2D 8-bit world where players must nurture their PlayDoge by feeding, training, and playing with it.
Users can enjoy multiple games within the PlayDoge ecosystem using their Doge, where they will be rewarded with PLAY tokens, the native currency of the entire project. With a total supply of 9.4 billion, this token governs the entire PlayDoge ecosystem. This means that PlayDoge’s PLAY token has the potential to shoot up in value as long as Doge-themed projects continue gaining traction, which, given the recent market conditions, seems likely.
As mentioned, PlayDoge is currently in its presale phase, offering tokens at a compelling price of only $0.005 each. This affordable entry point presents a prime opportunity for early investors to engage with a project poised for substantial growth. The presale has seen remarkable success, completing its first stage in under a week. This rapid achievement underscores the considerable interest and confidence that investors have in PlayDoge’s future potential.
WienerAI – Fresh Take on Dog Meme with AI Infusion
WienerAI is one of the most popular cryptocurrencies for investors this year, offering a novel interpretation of the popular dog meme. Dog memes are already a raging hit in the crypto space, occupying the top three meme token positions by market capitalization. WienerAI capitalizes on this very ranking, fusing cutting-edge AI technology with the popular dog meme.
As the first Wiener-Dog-AI hybrid ever created, the odd WienerAI doge is described as the most potent cybernetic entity in the universe. The viral meme token follows the narrative of a mad scientist – The Architect – who accidentally combines hot dog DNA with his advanced cybernetic dog AI project.
With the fusion of blockchain, AI, and meme tokens in one, WienerAI will eventually be able to continuously upgrade its platform memory, knowledge, and features. Additionally, WienerAI supports the Sausage Army, a community-driven initiative in which users collaborate to decide the platform’s future direction. A combination of the two premises – user focus and the meme-blockchain-AI hybrid – promotes investment and community building within an expanding ecosystem.
The project’s native token, $WAI, is an ERC20 token based on the Ethereum network. While $WAI is still in its ongoing presale, early investors can take advantage of low entry barriers and daily staking rewards. The presale has surpassed $400,000 in just a few days. The tokenomics framework of the project is also attractive to early investors. WienerAI places a high value on liquidity and community involvement. Accordingly, special funds are set aside for marketing, presale, stake, and community awards.
Shiba Shootout – Growing Presale Memecoin With a Shiba Inu-Themed Concept
Shiba Shootout is an intriguing crypto investment, offering a blend of unique features, an engaging theme, and an upcoming P2E game. The project’s Wild West storyline, featuring Shiba Inu characters like Marshal Shiba and the Shiba Sharpshooters, creates an adventurous and exciting experience that appeals to both memecoin enthusiasts and gamers.
The soon-to-launch P2E game promises to enhance the project’s appeal, providing a fun and rewarding experience for players and driving significant community engagement.
Shiba Shootout also boasts several features designed to benefit investors. High-yield staking with APY rates over 2000% is available, which is particularly attractive during the presale phase. The Lucky Lasso Lottery offers chances to win substantial crypto prizes while supporting charitable causes. Additionally, a referral program encourages community growth by rewarding users who invite new members with bonus tokens.
The project’s tokenomics support sustainable growth, with a total supply of 2.2 billion tokens allocated for marketing, development, and staking. This strategic distribution aims to foster long-term stability and engagement. The developers’ roadmap includes upcoming exchange listings and community-building initiatives, likely boosting the token’s visibility and demand.
With its compelling narrative, diverse earning opportunities, and a strategic plan for growth, Shiba Shootout presents a promising investment opportunity. The imminent launch of its P2E game makes now an ideal time to consider adding Shiba Shootout to one’s investment portfolio.
Base Dawgz – Chain Hopping Doge with Share-to-Earn Functionality
Base Dawgz is a multi-chain meta meme project bringing a fresh perspective to the widely popular dog meme. With its focus on community development, multi-chain capabilities, and anticipated staking rewards, Base Dawgz stands out among the most promising cryptocurrencies to buy in this year.
Although minted on the Base blockchain, Base Dawgz can be stored and recovered from several top blockchains, including Solana, Ethereum, Avalanche, and BNB Chain. The project uses Portal Bridge and Wormhole compatibility to facilitate this smooth cross-chain communication.
By awarding users points for sharing $DAWGZ content on social media, the project also encourages community interaction. Users can start a virtuous circle by exchanging these points for native $DAWGZ tokens. With a view toward long-term investments, the future staking capability ensures that users will benefit from holding $DAWGZ.
With a total supply of 8,453,000,000 and well-designed tokenomics for fair distribution, the $DAWGZ currency contributes to the upkeep of the project’s expansive and varied ecosystem. Solid Proof, a well-known blockchain security firm, was called upon for auditing Base Dawgz’s smart contracts, demonstrating the latter’s commitment to security.
Currently on presale, the $DAWGZ token is priced at $0.00479 per token, with a $5 minimum purchase requirement. After each seven-day campaign period, there will be a five percent price rise. The attractive entry point at the current presale price is attractive to early investors eyeing the most promising cryptocurrencies this year.
Mega Dice – Online Crypto Casino Credited with Many Firsts
Mega Dice ($DICE) is the first Telegram-based online gambling platform paying out its winners players in cryptocurrency. The cryptocurrency sportsbook was founded in 2022, but its native token, $DICE, wasn’t put up for presale until April 2024. It allows $DICE holders to play games, place bets on sports, and earn rewards on the platform, including daily performance-based incentives.
Mega Dice has so far demonstrated much promise in terms of platform efficiency and security, rich user experience, and distinctive performance-based rewards. Within hours of starting its presale for its own $DICE tokens, the platform has raised over $377K. One reason behind the success could be that the platform already had a substantial user base even before it opened the $DICE discounted presale.
To add to that, Mega Dice holds a Curacao license, considered one of the best and most trusted certifications in the online gambling world. Mega Dice is also one of the few cryptocurrency casinos with the fastest growth rates. It provides a wide range of games in the categories of sportsbook, casino, slots, game shows, crash games, and betting events.
The sportsbook has collaborated with publishers like Evolution and Pragmatic Play to offer over 5,000 games for 50,000 platform users as part of its game lineup. Gamers can enjoy games without having to go through the tedious KYC process. Additionally, the $500 welcome package with deposit bonuses and free spins has received positive feedback from users.
99Bitcoins – Promising Learn-to-Earn Token
99Bitcoins is one of the most promising cryptocurrencies of 2024, with investors lining up for its ongoing presale. The project has raised over $5.87 million in the short time that its updated Learn-to-Earn token has been available for purchase. 99Bitcoins plans to debut in the third quarter of 2024 on most of the top cryptocurrency exchanges.
The project is pioneering the Learn-to-Earn (L2E) model to make cryptocurrency education profitable, engaging, and fun at the same time. Platform learners can earn rewards after finishing course modules, interactive tutorials, and tests, and upon building their crypto knowledge. To make sure that it caters to learners of all levels and tastes, 99Bitcoins also offers hands-on and visual learning methods.
Over time, the synchronous L2E platform will offer guides on virtual currencies like Peercoin, Litecoin, Namecoin, and Feathercoin along with features like dynamic news feeds, trading signals, and token price charts. Having amassed a community of more than 2 million platform users and close to 709k social media followers, 99Bitcoins is without a doubt one of the most promising cryptocurrencies to watch in 2024.
Cryptocurrency experts are also welcoming the 99Bitcoins presale’s multi-phased, well-defined timelines. The platform also enables staking; $99BTC token holders can stake the tokens to win dynamic rewards after each Ethereum block. A portion of the tokenomics has been kept aside for such rewards. Early adopters have a special opportunity to participate in the project’s development and monetize the token’s unique use case and potential.
Solana: A Layer1 Blockchain and the leading contender of Ethereum
Solana is a layer 1 blockchain designed to deal with the scalability and speed issues of Ethereum. Its transaction speed is about 50,000 TPS and provides more scalability through its unique Proof of History consensus mechanism.
As far as most promising cryptocurrencies go, Solana meets all the requirements. It has emerged as one of the better blockchains for developing staking protocols and dApps.
It is Censorship resistant
Solana is trustless and distributed. The lack of centralized control in the network allows the transactions to remain streamlined.
Passive Income Generation
You can earn passive income on the Solana blockchain through delegated staking. As a delegator, you can choose among the best validators to support the Solana network. Staking your Solana on these validators will allow you to generate passive income. Compared to trading, the stability of earnings through staking has made Solana one of the best platforms.
While there are many positives about this cryptocurrency, there are negative points too that are hard to ignore. Solana blockchain’s security has been heavily scrutinized in the past. In early 2022, hackers stole $320 million in funds from the Solana blockchain. While the developers are hard at bringing new security features, we will only find out after the test run.
At the time of writing, Solana has recovered from its dip to as low as $8 in the wake of the FTX collapse and is now trading back above $20. Solana is a promising cryptocurrency and one of the most used L-1 blockchains.
Check out our how to buy Solana guide or visit eToro at the link below, which has listed SOL.
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Altlayer: Open and Decentralized Protocol for Rollups
Another one of the most promising cryptos to buy today is Altlayer. Presented as a decentralized protocol for rollups, this novel crypto projects brings the idea of restaked roll ups. With Restaked rollups, standard rollups get more security, decentralization, interoperability, and crypto-economic fast finality.
Powering this project is the native token known as ALT, which serves numerous utilities. Users can leverage it to provide governance to the Altlayer and as a protocol fee. Another facility that ALT has included is its functionality as an economic bond, in which an ALT is restacked with other assets to prevent any malicious behavior.
The project has been slowly gaining attention, and its price recently jumped massively with it going live on Binance. With more of its attributes being unveiled to the public with each passing day, it is likely that this promising crypto can become one of the leading offerings of 2024.
Your Capital is at Risk
Ethereum: The world’s Number 1 Altcoin
Ethereum has gone through the most volatility (similar to Bitcoin) since the start of this year. The announcement about the shift to Proof of Stake consensus started it all. The crypto crowd is bullish about this smart-contract blockchain being more environmentally friendly. However, the new Ethereum 2.0 has taken too long to release. The difficulty bomb test was a success. However, it uncovered the many issues in the blockchain that further pushed the date of The Merge.
The Terra collapse didn’t help. It shook the entire crypto ecosystem – dropping the values of many major cryptocurrencies, Bitcoin and Ethereum. Ethereum has been in many rough spots as of late. It once hovered over $2.2 to $2.3k levels but now struggles to cross the $1.5k resistance during the crypto winter.
That said, the Ethereum price saw up to a 40% uptick after announcing that the merge update date is nearing.
Experts have said that when the shift to 2.0 will complete, Ethereum will potentially flip Bitcoin. It is because the new proof of stake protocol will have a massive impact on the total supply, projected to decrease by 90%. As the inflation of Ethereum will be lower than Bitcoin, the value of the ETH token could very well surpass BTC.
The Merge is the primary reason we are bullish about Ethereum’s promise. As the potential of this token continues to grow with more updates, holders would be in a better position now, as their chances to make high percentage gains are high.
At the time of writing, Ethereum is still trying to cross its $1.5k resistance. As more news comes about Ethereum’s project development, the price will likely cross this level and retest further highs. The general crypto crowd remains bullish about this cryptocurrency, and they have a good reason to do so.
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Apecoin: One of the hottest NFT Cryptos of 2024
Apecoin is an ERC-20 token that powers the collaborative ecosystems of which Bored Ape Yacht Club NFT is a part. It is one of the most promising cryptocurrencies in the NFT space, valuable especially to Bored Ape NFT holders.
When the token was launched, holders of Bored Apes could claim them without any charge. It has been one of the most controversial aspects of this cryptocurrency. However, since the introduction of the Otherside, the BAYC metaverse, crypto investors have started seeing ApeCoin in a new light.
ApeCoin is the governance token of the APE ecosystem. APE holders can use the token to particulate in ApeCoinDAO. The token also offers holders access to many exclusive games and services.
APE reached its all-time high in May 2022, shortly before the crypto market would be pushed into the bearish zone. It peaked at $24.25 during this and then retraced to $5.2 when Bitcoin hit its bear bottom of 2022. Although it shortly bounced afterward and maintained a sideways trading range above $7.6 for some time.
However, the token has undergone repeated downtrends in 2023, and the token is currently hovering around the $1.44 mark.
It is one of the most surprising entries on our list as it is a speculative investment. However, after introducing one of the best metaverse projects, people have started to see it as a legitimate investment. The widespread media attention is another factor that pushes the tokens’ value forward.
A small market cap also works in the token’s favor, giving it huge upside potential.
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Binance Coin: Cryptocurrency of the World’s Biggest Crypto Exchange
Binance Coin (BNB) is the native crypto of the Binance exchange. While it started out as an additional asset that Binance traders could use to reduce their trading fees, it has now become one of the most promising cryptocurrencies in the world.
It is the primary crypto of the Binance Chain and Smart chain and is used as an exchange token for dApps built on the Binance smart chain. For instance, Battle Infinity is a metaverse gaming platform built on the Binance Smart Chain powered by IBAT, a cryptocurrency undergoing presale that you can buy using BNB. One BNB will net you 166,666.66 IBAT tokens.
Binance is a thriving ecosystem, and developments within it often directly impact the value of Binance Coin.
Binance coin opened in 2023 at $246 before quickly recovering over the $300 level.
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Ranking the Most Promising Cryptocurrencies: Our Method
2022 was a choppy year for the crypto market, which as of 2024, is showing some signs of recovery but may continue to be volatile. With that in mind, we pursued the following factors when ranking the most promising cryptocurrencies:
The Volatility of the Crypto Market
The current crypto market is highly volatile, which makes it essential to consider cryptocurrencies that have retained some stability and have the potential to recover to new heights.
That sentiment might not be reflected in the list because Ethereum dropped to below $2k in the bear market, but so was the general ecosystem. And the reason behind Ethereum’s retrace was primarily the updates. While the price is relatively low, the buying opportunity is high, especially since the Merge upgrade is on the horizon.
Therefore, while the volatility spells doom for short-term investors, for long-term crypto holders, it can be time to get to the ground floor of a high-reward opportunity.
Rise of Metaverse Cryptos
You will notice that among the most promising cryptocurrencies on the list, we have paid attention to the metaverse cryptos. The metaverse continues to be a bullish ecosystem, with new upgrades and opportunities daily. Battle Infinity, for instance, is a metaverse gaming project that pays equal attention to DeFi. Considering this factor is highly, especially in an ecosystem where many have stated to shift from CEX to DEX.
In Ethereum’s case, the upcoming merge upgrade will likely bolster the creation of more dApps and even more metaverse, further boosting the price of metaverse tokens.
Diversification of Use Cases
The bear market has hit many altcoin developers with a realization that they can persist on speculation alone. As the crypto crowd continues looking for the most uses for their altcoins, cryptocurrency developers are introducing new measures to make them more appealing.
For instance, the DEFC will soon diversify and venture into the NFT domain, which will likely pump its price.
Presale
The third factor we considered to learn the promise held by the token is a presale. Getting your hands on cryptocurrencies during the presale, especially those with a robust use case from the beginning, is a great idea. The price of such tokens would likely go up once they are listed on the exchanges. And since many tokens in the presale stage are backed by good use cases, the chances of them quickly increasing are high.
Check out our guide to discover some of the best crypto sectors this year.
Conclusion
The wisest crypto investment tip we always give our readers is to go for the most promising cryptocurrencies. Staying updated with the developments of these tokens will help you determine their potential in the future. In this guide, we reviewed all the crypto assets we think hold the most promise.
We included several crypto presales as new crypto projects often have the most upside potential being so early in their roadmap – although they also involve a higher degree of risk. To keep a balanced portfolio, also consider some well-established assets.
Our decision to add Pepe Unchained to the list is backed by its unique fundamentals that involve bringing different blockchain communities together for rewards and interaction.
