The best cryptocurrencies with utility that are worth buying before 2024

Best cryptocurrencies

Utility, i.e. the specific application of a cryptocurrency, can keep it stable even during turbulent periods in the crypto market. The value of such digital coins is usually provided by their platforms and usage scenarios that go beyond trading. We are talking about games, exchanges, useful solutions for developers, the financial sector and other in-demand industries. The editorial team has prepared a list of 7 coins whose fundamentals and useful features can make them extremely successful in the new year.

Top 7 cryptocurrencies with utility that are better to buy before 2024

According to experts, the assets presented below could rise in value significantly as early as next year:

  • Bitcoin Minetrix – a platform that offers a more budget-friendly way to mine bitcoin.
  • Meme Kombat – a gaming platform where you can stage battles between meme characters and get MK tokens for it.
  • Ethereum – a well-known asset that is at the heart of the blockchain of the same name – it makes all transactions faster and more profitable.
  • Cardano – a system that allows you to run your own smart contracts and create dApps.
  • BNB is a token of the Binance Chain ecosystem. One of the most popular exchange-traded digital assets.
  • XRP – an asset for transfers, currency exchange and cash settlements. Belongs to Ripple, which won a high-profile court case in 2023.
  • TRON – a token that raised over $70 billion during its ICO. Runs inside a decentralized platform for creating dApps.

Bitcoin Minetrix

Bitcoin Minetrix is a platform that makes remote bitcoin “mining” easier and more accessible. Buying $BTCMTX coins, investors get the opportunity to connect to cloud servers and start mining BTC, thus increasing their income level.

Investments in the project to date exceed $5.5 million, which indicates a high degree of interest of market participants. The value of the coin is growing with each stage of the presale. Now you can buy the token for $0.0123. The final price of the coin will be $0.0148.

Features:

5020 $
bonus for new users!

9.8

ByBit provides convenient and safe conditions for cryptocurrency trading, offers low commissions, high level of liquidity and modern tools for market analysis. It supports spot and leveraged trading, and helps beginners and professional traders with an intuitive interface and tutorials.

Earn a 100 $ bonus

for new users!

9.5

The largest crypto exchange where you can quickly and safely start your journey in the world of cryptocurrencies. The platform offers hundreds of popular assets, low commissions and advanced tools for trading and investing. Easy registration, high speed of transactions and reliable protection of funds make Binance a great choice for traders of any level!

  • Also includes a staking mechanism for passive income.
  • Presence of a dashboard for complete control over investment and mining.
  • Investor earns two cryptocurrencies at once – BTC and BTCMTX.

Meme Kombat

Meme Kombat is a playground where users can participate in virtual “battles” of meme cryptocurrency characters. This startup raised over $3.7 million at the pre-sale, with coins available to buy for $0.246. However, by the final pre-sale, the token will have already risen in price to $0.279.

In the first season, 11 meme characters will be available to users of the platform. Subsequently, the developers are going to add more and more different characters, weapons, mods and modes. However, already at the launch stage, users will be able to test their strength and try out two game formats -PvP or PvGame.

Features:

  • Staking is available to all early investors before the coin hits the exchanges.
  • Annual percentage returns can be as high as 300%.
  • AI is responsible for the addictiveness of the “fights”.

Ethereum

ETH is the second largest cryptocurrency after BTC, which supports the work of the blockchain platform. It, in turn, allows you to create smart contracts and dApps. It can also be used to develop NFT, DeFi, DEX, as well as various tokens and even meta-universes.

The scope of Ethereum, as you can see, is quite large, so experts believe that the asset has every chance of multiple growth in 2024.

Features:

  • The growing interest in Grayscale Ethereum Trust may affect the coin’s returns.
  • The approval of the ETH-ETF can also boost the token’s price and open new opportunities for investors.

Cardano

Cardano is a platform for creating dApps and running smart contracts, which the developers claim requires less power than BTC. It’s also worth noting that Cardano is divided into two tiers – CSL (settlement) and CCL (computation). This gives it the ability to process about 1 million transactions per second.

Features:

  • The token has risen in value by 54% in a month.
  • The popularity of the platform is growing – last week the trading volume increased by 193%.

BNB

BNB is a coin that can be used to make domestic payments. It does not seek to replace fiat money and allows you to buy other cryptocurrencies on exchanges and presales.

BNB was originally created in the ERC-20 token format, but later Binance finally implemented the asset into its own network.

Features:

  • Gives you the opportunity to get a discount on commissions.
  • Possesses a large number of cryptocurrency pairs.
  • Processes more than 1.4 million transactions per second.

XRP

XRP is a token of Ripple, which was involved in a long legal battle with the SEC, and eventually won.

It is used to purchase precious metals or securities, as well as for other microtransactions. The goal of XRP is to make all financial transfers faster and more accessible to users.

Features:

  • Any transfer takes 3 to 5 seconds.
  • The transaction cost is $0.0002.

TRON

TRON is a decentralized system on the blockchain whose tokens initially also worked in Ethereum. Only a year later they were implemented in their own network.

The TRON network supports smart contracts and also enables the development of dApps, becoming a kind of cheaper alternative to Ethereum. It should also be noted that the project’s ecosystem is incredibly large: you can find DEX, wallets, NFTs, various games and more.

Features:

  • The network can process up to 2 thousand transactions every second.
  • Used for lending to different platforms, games, and streaming content.
  • Can be stored on the vast majority of wallets.

Completion

The year 2024 could be quite successful for a large number of traders and investors. However, for those who don’t want to invest in BTC at the moment, there are a number of other assets with real utility.

However, it should be remembered that any cryptocurrencies are quite volatile, so you should do your own analysis before investing.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.

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