Top Crypto Coins for Investment in 2024

 

Forecasts may lead us in the wrong direction – and still they often help. We decided to make a forecast regarding the best crypto coins in 2024, and we were as meticulous in the process as we could possibly be. We analyzed the main trends observed in the industry, the present-day market capitalization, as well as the historical data. Of course, crypto is a highly volatile sphere, so we cannot talk about 100% precise predictions. The only thing you can do is to study the crypto industry in greater detail to rely on the opinions of experts and become well-versed in the topic, too.

Don’t expect us to predict the most successful coin in 2024 with a full guarantee, though. All we are trying to do is to make a list of crypto coins with the highest growth and stability potential. We exclude stable coins, such as USDC or Tether, as they are much less volatile due to being pegged to the US dollar.

Bitcoin (BTC)

The past decade has been the time of jaw-dropping Bitcoin growth pace proved by the market capitalization of 1.3 trillion US dollars. Long-term investors favor the coin as it turned out to be the most resistant to inflation. As for the coin’s institutional credibility, it grew enormously when major corporations and investment funds included it in their portfolios.

Bitcoin is going upwards, and this is a stable trend despite temporary fluctuations. Its future seems bright to experts who optimistically predict its increase by ten times in 2025, with a capitalization of USD 1.5 million to be reached in around 2030.

Ethereum (ETH)

Ethereum is second to Bitcoin only as its market capitalization equals 397 billion US dollars – quite a respectable figure, indeed! ETH makes smart contracts possible and gives users a possibility to work with about 2,800 DApps (decentralized applications). 

Ethereum makes efforts to become a more profitable and eco-friendly crypto alternative. DeFi (Decentralized Finance) launches advanced kinds of investment and financial services that overtake banks and brokers. The overall cost of DeFi projects based on Ethereum exceeds 80 billion US dollars. Josh Fraser (who co-founded Origin Protocol) expects Ethereum to climb to 17,000 US dollars in the climax of this bull cycle, which means that ETH is surely worth investing in.

Binance Coin (BNB)

BNB is a coin that plays an important role in the Binance ecosystem. It is enjoying an upward trend, with a wide range of decentralized apps supported by the Binance Smart Chain (BSC). BNB is an essential component in transaction fee payment, which ensures stable demand for the coin. Binance organized a periodic coin burn to increase BNB’s value until it achieves 100 million coins. They expect to make the asset appealing to investors in the long term with the help of this method.

BNB’s capitalization at the start of 2024 equaled 93 billion US dollars. To strengthen its position, Binance has teamed up with a number of government authorities and companies in the USA, Latin America, the EU, and Asia.

Here are the advantages of investing in BNB:

• Ongoing improvements of the Binance Smart Chain give the coin tangible benefits.
• You will appreciate its wide-reaching international presence.
• It is supported by the major crypto exchange as one of the top digital assets

Still in doubt? You can click on the above link to discuss your decision with an expert – it’s free!

Solana (SOL)

Solana is famous for its incredible performance made possible by innovation-based architecture: it can handle 65,000 transactions a second without fail! What is more, the fee is very low. The platform is extremely popular with players who deal with decentralized applications (DApps), non-fungible tokens (NFTs), and decentralized finance (DeFi). It remains stable and ensures continuous growth thanks to strategic cooperation with the best technology companies.

Solana does not stop in its efforts to bring innovative technologies that optimize crypto transfers using different blockchains. At present, Solana’s capitalization reaches 70 billion US dollars, and CoinPedia analysts predict that it will climb to 200 US dollars this year.

Ripple (XRP)

Ripple is one of the leaders when it comes to crypto trading thanks to its innovative features that make global payments quicker and more affordable than ordinary systems. The company cooperates with the best banks and other financial institutions. Its present-day market capitalization has reached 30 billion US dollars. The company is actively developing advanced blockchain technologies, with a focus on smart contracts and decentralized financial applications. CoinCodex analysts say that the coin is highly likely to reach 0.64 US dollars in the near future.

Dogecoin (DOGE)

Dogecoin has valuable support from Elon Musk and other celebrities, as well as cultural importance, which helped it achieve a high status. As for its practicality, it has recently increased as well due to its adoption as a payment method in philanthropic projects and different online marketplaces. Wider acceptance for transactions strengthens its legitimacy and makes it a reliable digital currency.

Dogecoin has a market capitalization of 22 billion US dollars, and its affordable price makes it a favorite coin for investors – they like it even more than Bitcoin and Ethereum, the absolute leaders! The analysts at Gov Capital say that it is expected to reach 0.20 US dollars in 2024.

Toncoin (TON)

TON (= The Open Work) was initially created by the authors of Telegram messenger. It is favored for its low fees and high speed of transactions. This is a convenient platform for decentralized applications across social and finance networking. Toncoin has been steadily growing as it is powered by an autonomous development team. As for market capitalization, it equals 18 billion US dollars. The coin is a good solution for long-term investments thanks to its focus on advanced technologies, such as decentralized data storage systems and smart contracts. Changelly analysts expect the coin to reach 10 US dollars soon.

Here are the benefits that stimulate investment in TON:

• Dedicated team of developers
• Expansion to Asia by establishing a partnership with HashKey
• Privacy upgrades with the help of confidential smart contracts
• Connection to a wide network of Telegram users