The beginning of next year, according to many predictions, should be a springboard of sorts for a lot of digital assets. Firstly, January is set for a new discussion of bitcoin-ETF spot funds and their potential approval. Secondly, we are talking about such an important event as halving, which can also positively affect many coins on the market. However, what are the best cryptocurrencies to buy today to start making profits next year?
Cheap cryptocurrencies with growth prospects in 2024: top
Among the most attractive coins can be distinguished:
- Bitcoin Minetrix – an asset that provides access to cloud servers for mining.
- Meme Kombat – an AI-based gaming platform that allows you to conduct “battles” and earn cryptocurrency from it.
- Bitcoin ET F – a crypto project that supports the launch of bitcoin ETFs and offers high payouts for staking.
- ETH ET F – an asset that supports Ethereum ETF and went up 400% in price in a couple hours after release.
- XRP – its developers have won several court cases against the SEC. It is now in the 5th place due to its capitalization.
- Dogecoin – a token that is on the 9th place by market capitalization and will soon go to the moon.
- Bitcoin Cash – a fork of bitcoin with cheaper and faster transactions.
- Wall Street Memes – an interactive marketplace with 1,000 different games that you can connect to on Telegram.
Bitcoin Minetrix
Bitcoin Minetrix is another project launched amid the hype about spot funds. However, it offers another opportunity to earn money: through steaking and cloud mining. The asset raised over $5 million on the presale, and its value is $0.0121. By the final pre-sale, the token will already be worth $0.0148. The main features that can ensure the growth of $BTCMTX in 2024:
- Launch of cloud servers for BTC mining without expensive hardware.
- The ability to earn two coins at once -$BTC and $BTCMTX.
Meme Kombat
Meme Kombat is a playground where users can organize virtual “fights” and win cryptocurrency. In the pre-sale, it raised over $2.8 million at $0.235. At the final stage of the presale, the token will rise in price to $0.279.
The project’s ecosystem is based on artificial intelligence technology, which makes “battles” more diverse and unpredictable. Users’ winnings depend on who wins them. Prerequisites for further growth of the coin:
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- Constant updating of game modes and reward system.
- Community support on the back of a high APY of -360%.
Bitcoin ETF
Bitcoin ETF is a project whose developers decided to support the potential launch of spot funds for BTC. They created a news platform where investors can get up-to-date information about bitcoin ETFs and earn more coins on staking. The token is now on pre-sale and has raised over $3.5 million, with investors putting $1 million into the coin in the last week alone. The cost per token is currently $0.0066.
In total, the creators have planned 10 stages of the presale. When the last one comes to an end, the value of $BTCETF will increase to $0.0068.
This token can show a rapid growth in the next year because of:
- The approval of spot funds for BTC.
- Mass adoption of cryptocurrencies.
- A roadmap that is interconnected with bitcoin-ETF development milestones.
ETH ETFS
However, bitcoin ETFs aren’t the only funds that are getting ready to launch. Companies such as BlackRock and Fidelity have applied to launch their own ETFs for Ethereum this fall. That, in turn, has served as a catalyst for both the Ethereum coin itself and the $ETHETF token. The latter can now be bought on Uniswap for $0.01313.
The main feature of the project is a news feed updated in real time. With its help, investors can follow the latest developments regarding Ethereum ETF. Its growth prospects are due to:
- The burn mechanism: reduces the number of coins on the market and increases their value.
- A fairer distribution of coins due to the release on the exchange.
- The fact that all tokens issued are intended for investors.
XRP
This token from Ripple enables global transactions without commissions. Throughout the year, the price of the asset remained unstable due to lawsuits against the SEC. However, now that the regulator has recognized that the coin is not a security, its rate may start to rise again. Overall, the coin has risen by 60% over the year.
Analysts such as EgragCrypto and CryptoToesTA report that the coin could see a strong bullish trend next year:
- In April, the token could rise 1,500% to reach the $50 mark due to consolidation.
- In November, the price of $XRP could rise by 8000% for the same reasons.
- The token is expected to rise in price depending on the “behavior” of BTC.
Dogecoin
Dogecoin is Ilon Musk’s favorite coin, and a physical copy of the asset is about to be sent into space. However, today the future of the asset itself looks ambiguous. It can show a rapid growth and reach $0.22 -$0.25. Or, on the contrary, it can test the minimum threshold of $0.05. Everything will depend on whether the token will be able to gain a foothold above the $0.1 level. The growth of $DOGE in the next year will depend on:
- Community activity and Ilon Musk’s support.
- A positive news backdrop in the industry.
Bitcoin Cash
Bitcoin Cash first appeared in 2017 as a fork of the mainstream cryptocurrency. Its rally ended at the end of November, but analysts remain positive. They believe that overcoming the support level of $180 is able to lead to growth by 36% (up to $300 per coin).
The main feature of the token is low fees for fast transactions using $BCH. The growth of the coin in 2024 is driven by the following factors:
- The prospect of launching a bitcoin-ETF.
- Capital growth in the crypto industry.
- Placement in the top 20 coins in terms of market capitalization.
Wall Street Memes
Wall Street Memes is one of the most talked about projects on the market, with a rather famous team responsible for its development. It first challenged hedge funds, sold out NFT Wall St Bulls in half an hour and has now created a successful playground.
The $WSM token can now be bought for $0.0247 on cryptocurrency exchanges and will provide access to an online platform where users can choose from over 1000 different games. At the same time, the further development of the project will depend on:
- Support of the crypto community.
- Adding new games, modes and promotional offers.
- The possibility of quick access to the functionality in the messenger Telegram.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
