As crypto investors wait patiently for the SEC and other regulatory bodies to come up with their latest numbers, crypto markets have entered a bullish phase, and most altcoins have experienced gains in the past few weeks. Crypto bulls are sure that the current market is on its way to breaking all records, and with rumors of crypto ETFs, the markets could get a significant influx of investors and, of course, billions of dollars.
However, with thousands of cryptos on the market, knowing where to invest is essential if you want higher returns. After analyzing dozens of popular cryptocurrency investment options, we selected a few cryptos leading the way as the cryptos with the highest return potential in 2024.
Best Cryptocurrency Investments in 2024
The list below gives you a quick overview of the best cryptocurrency investments in 2024. You can read more details in the review section below.
- Sponge Token V2 – New Version of Meme Coin With Massive Gains in 2022
- Bitcoin Minetrix – Eco-Friendly Cloud-Based Stake-To-Mine Bitcoin Platform
- Meme Kombat – Meme Coin Built Around an AI-Powered Battle Arena
- Launchpad XYZ – AI Platform That Will Help You Become Better at Trading Cryptos
- Solana – Ethereum’s Main Competitor dApp Development Platform
- Ripple – Crypto Alternative to The SWIFT Banking System
- Uniswap – Utility Token For One of The Leading Crypto Exchanges
Best Crypto Investments for 2024 Reviewed
Now is the time to dig deeper into the best crypto investments in 2024. So, without further ado, let’s jump right into it!
1. Sponge Token V2 – New Version of Meme Coin With Massive Gains in 2023
The Sponge Token V2 is a new version of the $SPONGE meme coin that became one of the highest gainers in the niche in 2023. It appeared just as the crypto markets are about to enter a bullish phase, which will likely result in a repeat of the gains of $SPONGEV1 earlier this year. The $SPONGE token V2 is a significant update to the previous version, as it offers excellent token utility and multiple reward options.
Sponge V2 features a Play-to-Earn game that allows players to earn new $SPONGEV2 tokens for completing various challenges. The platform also features a Stake-to-Bridge mechanism, allowing $SPONGEV1 token holders to stake their tokens to get V2 coins after the staking period is over. Moreover, the process offers a minimum APY of 40%, so you will get significantly more tokens than what you’ve staked.
Users who stake their token for longer will be able to get higher V2 returns for up to 4 years. Therefore, the only way to become a $SPONGE V2 token holder is to buy $SPONGE coins and stake them for at least one year. Once the original platform transfers to the new version, all token holders will likely get 50x returns or higher.
2. Bitcoin Minetrix – Eco-Friendly Cloud-Based Stake-To-Mine Bitcoin Platform
Next on our list of the best crypto investments in 2024, we have another Bitcoin-inspired crypto platform – Bitcoin Minetrix. It’s a platform designed to mirror the original token system featured by Bitcoin. Still, instead of using the Proof-of-Work reward mechanism, the platform uses the Stake-to-Mine mechanism. Users are required to stake their BTCMTX tokens to earn BTC by mining them remotely.
The platform allows users to earn BTC tokens without the massive hardware and electricity costs traditionally tied to traditional mining. Therefore, The innovative platform solves the most significant hurdles of mining Bitcoin by giving users complete control over the process. Investors who stake their tokens can quickly check their process and manage mining using a smartphone app. The reward depends on the amount of staked tokens, so the more you stake, the higher the rewards you can expect.
Of the total 4 billion BTCMTX tokens, 2.8 billion are available during the ongoing presale event. The remaining 1.2 billion tokens will be used for liquidity pools, platform development, and other ongoing costs. Considering that the presale already raised over $7.5 million, you don’t have much time to invest before the next price increase. BTCMTX tokens are among the best investments for 2024, so adding a few thousand tokens to your portfolio is a good idea.
3. Meme Kombat – Meme Coin Built Around an AI-Powered Battle Arena
Meme Kombat is another emerging cryptocurrency platform that could become one of the best investments in 2024. It’s a meme coin built around a battle arena with multiple token-earning mechanisms. Users can choose one of their favorite online meme characters, such as Pepe the Frog, Spongebob, and others. They can then fight against other memes in the arena.
The platform combines three growing multi-billion dollar industries – gaming, cryptocurrencies, and online casinos. It allows users to earn tokens by betting on AI-powered battles in the arena and other people’s battles. The fact that everything is AI-governed means that all players have fair chances of winning matches.
Meme Kombat is built on the Ethereum blockchain, so its native MK tokens are easy to transfer and withdraw to any existing crypto wallet. Apart from earning MK by winning bets, you can also earn them by completing challenges and in-game events. If you invest in MK tokens during the ongoing presale, you can stake them immediately to get even more coins before the platform goes live. The current APY is 408%, so you can get 4x the tokens you pay for once Meme Kombat appears on tier 1 DEX listings. The platform raised over $6 million, so hurry up and invest today to get the highest returns in 2024 and beyond.
4. Launchpad XYZ – AI Platform That Will Help You Become Better at Trading Cryptos
Launchpad XYZ is an all-in-one crypto platform that offers easy access to a wide range of Web 3.0 tools, products, NFTs, and everything in between. Its main goal is to simplify Web 3.0 adoption and make it available for a wide range of users, including investors, dApp creators, and others, in a single ecosystem.
The platform has an advanced AI at its center, which allows it to pull vast data sets from multiple exchanges in real-time, providing valuable insights that help users make better-informed investments. The platform also comes with a massive library of tutorials, explanations, guides, and the latest news about cryptocurrency markets, all designed to help you increase ROI while reducing risk when investing.
The ecosystem is powered by the native $LPX token used to purchase paid monthly subscriptions to the tools and features you need. You can also stake your tokens to earn rewards, but the lowest amount is set to 10,000 $LPX. Token holders will also get access to advanced privileges such as NFT mints at lower prices, early access to presales, discounts on Launchpad XYZ partner products, and more.
The official Launchpad XYZ event is still open and still have time to get your $LPX tokens at the lowest price possible. For every investment you make, Launchpad XYZ will reward you with 3% more tokens than what you’ve paid for.
5. Solana – Ethereum’s Main Competitor dApp Development Platform
Solana offers an excellent smart contracts platform with unique architecture that allows it to process thousands of transactions per second at a highly affordable price. It became Ethereum’s main competitor in the crypto space, using the Proof-of-History mechanism combined with a Proof-of-Stake consensus.
The utility token SOL is known for having some of the lowest transfer fees in the crypto market, as users must pay only $0.001 per transaction. Solana entered presale in 2018 and finally launched in March 2020. It became one of the most established platforms by 2021 after hundreds of dApp developers decided to build their platforms on Solana instead of Ethereum. Like all other altcoins, SOL tokens lost over 80% during the crypto winter of 2022 but gained over 320% throughout 2023.
SOL tokens are currently selling for $56.3, and if the current growth rate continues in 2024, SOL could reach prices well above $120. If they matched their previous all-time highs of over $250, you would get over 4x in returns! Therefore, Solana is a must-buy if you’re looking for the best investments in 2024.
6. Ripple – Crypto Alternative to The SWIFT Banking System
Ripple’s XRP tokens have been around for over ten years and are a common part of millions of crypto wallets worldwide. Ripple has since become one of the leaders in the crypto space as their XRP tokens offer fast and efficient transfers, which helped the platform become the go-to solution for crypto traders. Instead of using Proof-of-Work or Proof-of-Stake mechanisms, Ripple has a unique Ledger Consensus Protocol that allows participants to choose their validators.
XRP tokens have since become the payment solution for all of Ripple’s products, with On-Demand Liquidity in focus. The platform partnered with many leading cryptocurrency exchanges using XRP tokens for efficient cross-network money transfers. Its massive growth and excellent features pushed the SEC to sew the platform for selling unlisted securities. The lawsuit took years to enter its final phase, and Ripple defended its case in court, proving that it did nothing illegal.
The outcome doubled the XRP token’s value almost instantly, and after years of stagnation, the token gained over 60% in the past couple of months. If the price predictions are correct, XRP could reach up to $7 in early 2025, translating to over 4,500% in returns in the next 18 months.
7. Uniswap – Utility Token For One of The Leading Crypto Exchanges
Uniswap is one of the world’s leading decentralized cryptocurrency exchanges. It offers the AAM (automated market maker) trading model that provides a highly efficient way of swapping tokens directly on the platform without needing third-party intermediaries.
The platform’s protocol is fully decentralized, allowing all users to create liquidity pools for any token. That’s why many new tokens start their journey on Uniswap’s listings before they become available on tier-1 CEX listings. Many decentralized exchanges have since adopted Uniswap’s system, but the platform still has the largest daily trading volume.
The native UNI token allows holders to vote and submit proposals to the entire community, and all tokens were airdropped to users in 2020. UNI tokens have become available in almost all CEX/DEX listings, which helped increase their trading volume and overall market cap.
The platform has recently announced the release of a non-custodial mobile wallet built on Ethereum and two brand new layer 2 scalability platforms. The news helped boost UNI’s value by over 52% in the past month, but if the trend continues, the token could reach a price of over $15 in 2024, an increase of almost 300%.
Best Crypto Gems FAQ
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Final Words
Out of the tens of thousands of altcoins on the market, the ones covered above are almost guaranteed to keep growing steadily over the next few years. Existing platforms such as Ripple, Solana, and Uniswap have big plans for the future, so their tokens will likely gain significant value moving forward.
However, if you’re looking for the cryptos with the best return potential in 2024, emerging platforms such as Sponge Token V2, Bitcoin Minetrix, Meme Kombat, and Launchpad XYZ are the most likely candidates for massive gains in 2024.
All four cryptos are available in presale, allowing you to invest while their prices are low to get the highest returns within the next year, as that is when they will go live. So, visit the official websites, read the whitepapers, and participate in the launch of some of the best cryptos to go live in 2024. Good luck!
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