While the market is frozen waiting for the SEC’s decision, investors are wondering: what digital asset to buy in 2024 and what experts advise? In this article, we have collected a list of promising tokens that are trusted by market authorities.
What cryptocurrency to buy – tokens with promising predictions
We have collected the top 10 best digital assets that are worth paying attention to in the coming year. They include:
- f
- SPONGE V2 (SPONGEV2) – a new meme token, the second version of the Sponge coin fired in the spring of 2023. f
- Bitcoin Minetrix (BTCMTX ) – the first ERC-20 token based on the Stake-to-Mine mechanism. f
- Meme Kombat (MK) – a new native digital asset based on Ethereum
- .
- The coin is created for a gaming platform with Meme Kombat steaking and betting functions.
- yPredict.ai (YPRED) – an ecosystem that combines the abilities of developers, traders and analysts with AI capabilities.
- Solana (SOL) – a promising coin. The largest DeFi projects and DApps are created on the basis of this ecosystem.
- Ethereum (ETH) – the second most popular digital asset in the world.
- Cardano (ADA) – a blockchain project aimed at solving the problems of scalability and adaptability of cryptocurrency, as well as simplifying the use of smart contracts.
- Cosmos (ATOM) – a powerful digital network. Created to simplify communication between different blocks of the chain.
- Dogecoin (DOGE) – the most popular meme coin, attracting high transaction speed and low fees.
- Bitcoin (BTC) – the world’s first cryptocurrency
- .
Let’s take a closer look at each of the coins presented. Below you will find descriptions of the tokens with predictions from experts that will help you choose which cryptocurrency to buy in 2024.
1. SPONGE V2 (SPONGEV2).
The project broke into the cryptocurrency market on May 4, 2023. Within 24 hours, its price soared by 700%. Fans of meme tokens, still remembering the stunning success of PEPE, prepared for a new explosion of activity at the new coin. The digital currency refers to the popular character Sponge Bob.
Cryptokits are also interested in the asset, having created quite a stir around this token by the middle of last year.
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2024 in the world of meme digital currency began with a triumphant return – SPONGE transformed into SPONGE V2 and prepared for a new market seizure. Analysts believe that now the coin has every chance to repeat the success of the PEPE project. Therefore, when asked what cryptocurrency to buy now, experts boldly answer – SPONGE V2.
The main advantages of the coin:
- Low cost.
- You can buy with a bank card, ETH and USDT.
- SPONGE V2 is an improved version of the SPONGE token that conquered the market last spring.
- A powerful crypto community of token holders.
- Real utility in the P2E game.
2. Bitcoin Minetrix (BTCMTX)
This coin is now gaining popularity thanks to its breakthrough Stake-to-Mine technology. Within the first minutes of its launch, the Bitcoin Minetrix cloud mining project token attracted over $100,000.
The Stake-to-Mine mechanism is now revolutionizing the digital asset industry by making coin mining more accessible. As mentioned, in the future, this will lead to a more democratized market and the general development of the crypto economy.
It will be wise to invest in the project at this stage, as the price for this asset is still low, and its prospects are huge. Now you can buy one token BTCMTX on the pre-sale for $0.0128, but by the end it will rise in price to $0.0148. In two months, the project has already attracted almost $8.5 million.
Buying tokens, investors get the opportunity to send them to staking. For this, they are credited with mining credits. By burning them, users get a share in the pool. This means that you will not have to pay directly to companies for cloud mining, and you can exit the process at any time by unlocking tokens and selling them on the exchange. At the same time, access to the platform is possible with investments from as little as $10. Deciding what cryptocurrency to buy a beginner in the field of mining, pay attention to this project. Among the pros of the coin can be noted that:
- Users get access to decentralized mining after buying BTCMTX and sending them to the staking.
- The project advocates the democratization of token mining.
- Cloud mining is possible without expensive equipment – the Internet becomes its main tool.
3. Meme Kombat (MK)
What cryptocurrency is profitable to buy for fans of games, memes and popular characters? Meme Kombat is a platform with betting and steaking functions. The project is a large game arena for character battles, which will be watched by millions of users. Customers will also be able to bet on the outcome of the battle and compete in predictions. The project has not yet entered the global market, but the token has already raised more than $6.5 million in presales. You can buy the coin now for $0.279.
Gaming and betting are two fast-growing sectors united by one project with the memorable name Meme Kombat. Pros of the gaming platform:
- Rapid growth in activity.
- Huge community of fans.
- Support from major investors.
- Fueling the interest of users the theme of the project.
- Conditions of high profitability for early investors.
4. yPredict.ai
What cryptocurrency to buy in 2024? The one related to artificial intelligence technologies. yPredict.ai is a unique ecosystem formed on the basis of AI. It offers AI tools to developers and traders, and supports the launch of new cutting-edge projects.
The initiative allows users to save time resource and automate technical processes.
The launch of yPredict.ai is expected in early 2024. At the presale stage, the project has already attracted over $6 million and 20,000 users. For all fans of AI systems, experts recommend investing in it now, as the cost will rise very soon. Interesting features of yPredict.ai:
- Graph pattern recognition.
- AI-based trading signals.
- Sentiment analysis.
- Technical analysis.
5. Solana (SOL).
The third generation blockchain has been in existence since 2017. The main objective of the project is to find solutions to the cryptocurrency scalability problem. A number of innovative methods, such as Proof-of-History (PoH) and parallel transaction processing, have already contributed to the improvement of the situation – options have been created to reduce fees and increase the speed of conducted transactions.
Solana now has more opportunities to work on its core objectives thanks to the development of the DeFi sector. Some analysts believe that in the long run SOL will overtake slow bitcoin and etherium. Incidentally, by the end of 2023, Solana has already surpassed the Ethereum network in terms of the number of transactions.
The potential of the relatively young Solana project has not yet been fully realized, according to experts. Thinking about which cryptocurrency to buy for long-term prospects? Take a closer look at Solana. Pros of the project:
- Finding a solution to scalability problems.
- Low commissions.
- High speed of transactions.
- Fast development of the project and frequent successful updates.
6. Ethereum (ETH)
This ecosystem hardly needs an introduction. It appeared in 2015 and is developing and improving every day to make cryptocurrency convenient and accessible to users. Now the project is going through stages of transformation, which were described by the creator Vitalik Buterin in the Ethereum roadmap.
Not a small part of experts are unanimous on the question of what cryptocurrency to buy now is Ethereum. This coin has a great future, with influential investors and developers behind it.
The Ethereum team has already introduced several breakthrough technologies that improve the entire cryptosystem. There is a high probability that in 2024 another high-profile innovation awaits us. Given that Solana is a serious competition to this network, we can say that the team is definitely motivated to develop. The main pluses of the Ethereum project:
- Convenient solutions for launching new applications and systems.
- A solid base of developers.
- Strong support from investors and experts.
- Prescribed prospects.
- Transparency of the system.
- High-speed transactions.
7. Cardano (ADA)
Why invest in this cryptocurrency now? Such headlines began to appear on the network at the end of 2022, and throughout 2023 now and then appeared in the information environment.
The Cardano project was created by Ethereum co-founder Charles Hoskinson as a new, more advanced version of Ethereum. It is a third-generation blockchain based on rigorous scientific research, internal company philosophy and cutting-edge ideas of the cryptocurrency market. ADA’s own token was created similar to ETH for Ethereum.
Cardano’s key features include:
- Reliance on a scientific approach.
- Fixing all the inaccuracies of Ethereum.
- Working to resolve scalability issues.
- Reforming financial technology.
8. Cosmos (ATOM).
The project was officially launched in 2017 as an initiative to simplify interactions between differently functioning blockchains. The platform serves as a means to optimize transactions between different networks. This once expanded the horizons of cryptocurrencies’ capabilities and allowed investors and traders to increase trading volumes.
Experts at the end of 2023 began to say that in 2024 the price of the altcoin ATOM may increase significantly. This is due to the fact that the accumulation of the asset is already reaching its limit. Soon the “spring” should “shoot”. Features of Cosmos (ATOM):
- High transaction speed.
- Unlimited potential for scaling.
- Developer-friendly environment.
- Embedded in the protocol the ability to build links between blockchains.
9. Dogecoin (DOGE)
This is a token that was created as a joke, and at the end we got a meme coin, which is included in the list of the largest assets by capitalization. DOGE back in 2014 gathered around itself devoted fans of funny dogs, internet memes and digital currency, organizing almost the kindest crypto community. At one time, even Tesla founder Ilon Musk supported the token. The entrepreneur called it his “favorite cryptomonet.”
In 2024, analysts predict the growth of Dogecoin’s market capitalization to $250-300 billion. Increased interest in the meme digital asset will occur as a consequence of its decline in 2022-2023. Advantages of Dogecoin:
- Low fees and fast transactions.
- Large fanbase.
- Worldwide popularity.
- Support from major investors and cryptocurrency players.
10. Bitcoin (BTC)
Which cryptocurrency is better to buy? The leader in capitalization, the largest in volume and the first in mentions. All this is combined in itself BTC. The asset has been on the market for more than 15 years and still holds a leading position. While younger cryptoprojects struggle with the ignorance of the audience and seek to spread information about themselves to as many users as possible, bitcoin does not spend a lot of effort on this.
The project is constantly being updated and improved, adapting to the changing market. Many accuse it of slow development, but we should not forget its scale. Systematic changes do not allow the giant system to crack.
Experts advise to continue investing in the leading cryptocurrency, which is exactly what bitcoin is. The main advantages of BTC:
- Decentralization and anonymity.
- High level of security.
- Uninterrupted operation of the network.
- Deflationary nature.
Conclusion
So, in the article we told about the main promising cryptocurrencies of 2024. What should a beginner or a market expert invest in, what should an AI enthusiast pay attention to, and what should a connoisseur of meme characters look out for? The list includes digital assets for every taste. This is done in order to answer the question of what cryptocurrency to buy for you.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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