Home Cryptocurrency Top 10+ Cryptos with the Most Potential to Explode In 2024
Jimmy Aki

Like most asset classes, the cardinal rule of investing in crypto is to find cryptos with the most potential. Considering the current market downturn – which now is showing signs of recovery – several of the best cryptos are available at significant discounts. This makes them prime for investment.

In this guide, we’ll review some of the top cryptos with the most potential upside and discuss how best to invest in them.

The Top 10+ Cryptos with the Most Potential – Our Picks

For investors looking to find the coins with the most potential, here are the top options:

  1. Wall Street Memes (WSM) – Crypto with The Most Potential This Year
  2. Launchpad XYZ (LPX) – High Potential Web 3 Crypto
  3. Evil Pepe Coin (EVILPEPE) – Memecoin with Potential to Grow Parabolically
  4. BTC20 (BTC20) – ETH-based Bitcoin with High Growth Potential
  5. Chimpzee (CHMPZ) – Green Crypto That Can Potentially Grow in [year]
  6. Ethereum (ETH) – Top Asset for Smart Contract Usage
  7. Decentraland (MANA) – Best Token to Invest in the Metaverse
  8. ApeCoin (APE) – Top NFT-Focused Coin
  9. Stellar (XLM) – Crypto for Simplified Cross-Border Payments
  10. Cardano (ADA) – Best Proof-of-Stake Crypto Under $1
  11. Solana (SOL) – Low-cost Scalable DeFi Network
  12. Aave (AAVE) – Building for the Next DeFi Developers

Cryptos with the Highest Growth Potential Reviewed

Despite the crypto market downturn, many cryptos still offer opportunities for investors to buy cryptos at low prices. With prices declining, investors are now turning to the best cryptos with the most potential. Here’s our review of the best options available.

1. Wall Street Memes (WSM) – Crypto with the Most Potential This Year

The leading crypto with the most potential this year is Wall Street Memes. A memecoin inspired by the Reddit group known as Wall Street Bets, Wall Street Memes’ potential doesn’t come from its utility but its robust community that combines the humour of memes, the financial knowledge of the crypto space and the desire to grow up parabolically.

Wall street memes growth potential

Just like Wall Street Bets mobilized the community to engineer Gamestonks and stumped hedge fund companies in the process, Wall Street Memes aims to bring the community together to help memecoins grow parabolically and generate profits. Staying true to the mantra of “greed is indeed very good”, Wall Street Memes doesn’t feign a long-term use case but focuses on giving a long-term investment asset to investors.

Wall Street Memes reached more than 1 million followers on social media and has gotten attention from Elon Musk as well. In a world where crypto makers seek the approval of the Dogecoin hype man, Wall Street Memes has already acquired it and is using it to propel across the presale charts.

The token has already raised close to $18 million out of its $20 million hard cap, indicating a massive interest. That excitement can fuel its value when the presale concludes, leading WSM – the native crypto of the ecosystem to pump when it lands on DEX and CEX. The team is eyeing a $1 billion market capitalization.

Further in the roadmap, Wall Street Memes is also planning on creating a gated community which will have access to many perks, including early access to some of the more engaging memes, community interactions, AMAs, and more.

Due to how honestly Wall Street Memes has treated the memecoin niche, it has the same potential as Dogecoins and other assets.

2. Launchpad XYZ (LPX) – High Potential Web 3 Crypto

Launchpad XYZ is an innovative Web 3 ecosystem that encompasses all the elements of Web 3 in an inclusive and comprehensive package. Wanting to make blockchain technologies more palatable for the general public. Launchpad XYZ has a unique take that lets users find the best Web 3 investment.

Launchpad Best altcoin

The project does it by implementing a unique metric known as Launchpad Quotient or LQ. Parameters created by combining 400 different data points that consist of both social, financial and technical indicators, the LQ score ranks NFTs, Utility Tokens, P2E games, Metaverses, and crypto presales.

This facility is accompanied by Apollo, a ChatGPT-inspired AI created by the Launchpad XYZ team that takes the wheel of searching for the best projects on a user’s behalf.

In addition to ranking and AI facilities, Launchpad XYZ is also set to provide a launchpad for decentralized applications, NFT fragmentation (fractional NFTs), and other systems. But the platform’s trading terminal is getting the most attention.

Combining the latest sentimental, technical and financial indicators with AI-driven backtesting tools, the trading terminal, also known as the Trading Edge, aims to give novice and veteran traders an edge when it comes to investing in crypto. The tool doubles as a training module for beginners, and veterans can switch it to get access to more advanced trading utilities like strategy building and other utilities.

The entire ecosystem is powered by LPX – an ERC 20 crypto that allows access to these facilities. Staking LPX also comes with its own share of rewards.

Launchpad XYZ has already sold off more than $1.1 million worth of LPX in its current presale. Those who seek to tap into this utility-driven crypto should consider investing.

3. Evil Pepe Coin (EVILPEPE) – Memecoin with Potential to Grow Parabolically

Evil Pepe Coin is a high potential memecoin inspired by Pepe Coin. According to its official whitepaper, Evil Pepe Coin isn’t merely a standard meme asset but a community-driven crypto playing to the drive that people have of continually investing in volatile assets in a bid to make parabolic gains.

Evil Pepe Coin

This memecoin project embraces the uncertainty that comes with investing in cryptocurrencies. Stating that Evil Pepe is the dark reflection of investors that seek to make quick gains in the littlest amount of time, this memecoin tells investors to embrace the uncertainty of the crypto market.

Like most honest memecoins that have come out this year, Evil Pepe Coin also doesn’t adhere to any utility. It simply states that it exists to help create an “audacious” community that embraces a memecoin’s volatility and the market’s FOMO to generate gains. With the goal of reaching a $100 million market capitalization, Evil Pepe Coin has been introduced as a presale that is closing in on its presale target.

The token has raised more than $800k out of its $2 million hard cap already – and that too in less than a week. It plays on the same drive that pushed the value of Pepe Coin and can potentially reach a similar level of trading volume once it reaches cryptocurrency exchanges.

4. BTC20 (BTC20) – ETH-based Bitcoin with High Growth Potential

Bitcoin has always been a favourite crypto asset for most individuals, but it has also been inaccessible by many. Environmental concerns have also pushed many investors away from it, which is why BTC20 has emerged as an ETH-based alternative to Bitcoin.

BTC20

Calling itself the “greener” version of Bitcoin, BTC20 is an ERC-20 asset that aims to get people back into Bitcoin by treading the same path Bitcoin took in 2011. With the same tokenomics as Bitcoin, 21 million, and the same release mechanism as the oldest crypto, BTC20 hopes to start the way Bitcoin did all those years ago and reach a similar valuation as BTC a decade from now.

BTC20 is giving away 6.05 million tokens via its presale, with the price of each token being $1. Doing so it mimics Bitcoin’s earlier sell-off in 2011 when each token was worth this value. The remaining 14.95 million will be kept inside a liquidity contract and will be released in predetermined amounts the same way Bitcoin releases cryptocurrencies to miners.

However, being on the Proof of Stake blockchain, BTC20 has tied the release of its locked tokens to a stake-to-earn mechanism. Those who stake a set number of tokens to secure the BTC20 network will receive BTC20 tokens that are locked inside the contract upon the execution of one block.

With its greener alternative and similar tokenomics, BTC20 is playing on the community’s excitement about Bitcoin. And being more eco-friendly than any PoW asset, it would have fewer regulatory roadblocks in its path to growth. That is one reason why it is one of the highest potential cryptos in our books.

Chimpzee (CHMPZ) – Green Crypto That Can Potentially Grow in [year]

Chimpzee is a green crypto that leverages blockchain technology to create an ecosystem that protects endangered species, combat climate change and helps users earn profits.

Chimpzee

The project has implemented not one but three different earning mechanics. These mechanics focus on the different elements of the blockchain space to make the ecosystem more sustainable.

  1. Shop to Earn – Chimpzee’s Shop to Earn mechanic comes into play in the Chimpzee shop. This virtual shop offers physical goods and carbon credits that users and institutions can buy. A portion of the sales is given to NGOs, and those who buy from these shops earn CHMPZ tokens.
  2. Trade to Earn – Chimpzee NFT marketplace rewards users with a portion of overall profits generated by trading NFTs. Those with the Chimpzee NFT passport will earn a higher share of those profits.
  3. Play to Earn – Chimpzee has introduced a zero-tolerance game where players will be rewarded with Chimpzee tokens upon completing certain tasks.

This multi-pronged approach to earning mechanics gives Chimzpee immense potential to grow in the coming days.

6. Ethereum (ETH) – Top Asset for Smart Contract Usage

Ethereum is the largest altcoin in the market and one of the most recognizable cryptocurrencies.

The digital asset remains a major attraction for value investors despite being a large-cap coin. Developments in the Ethereum blockchain show that this coin is expected to continue showing gains.

At press time, ETH trades at $1,552. This is a jump of 4.54% in the past day and 63% in the past week alone. Ethereum

As explained, we believe Ethereum could represent a valuable investment for crypto fans as the Ethereum ecosystem continues to grow. Over the years, Ethereum’s developers have been working on transitioning the blockchain from the proof-of-work (PoW) consensus algorithm to proof-of-stake (PoS). The belief is that this transition will help address several of the scalability problems the blockchain faces and encourage more developer activity, possible lead it to become one of the most profitable crypto.

Earlier this month, the Ethereum Foundation deployed the Ethereum 2.0 upgrade on the Sepolia testnet. This marked the penultimate upgrade before the Merge – the official transition of the blockchain to the proof-of-stake (PoS) consensus algorithm.

Ethereum developers have set a tentative date of September 19 for the Merge. If the merge comes early, ETH could push to surpass the asset’s all-time high before the end of the year.

Cryptoassets are a highly volatile unregulated investment product.

7. Decentraland (MANA) – Best Token to Invest in the Metaverse decentraland mana logo

Next on our list of cryptos with the most potential is MANA – the native token for Decentraland. The platform is one of the crypto industry’s major metaverse iterations, providing an opportunity for people to onboard and build economies and experiences on their own

In Decentraland, the major objective is to buy land. This land is represented by land-NFTs that signify ownership. Investors can buy LAND using the MANA token, and they have the option to develop their LAND as they desire. The more development they can bring, the more the value of their LAND grows, and the more token rewards they can get.

Decentraland

MANA, Decentraland’s native token, is understandably the cryptocurrency with the most potential in certain corners of the metaverse. The asset currently trades at $0.97 – a jump of 4.37% in the past 24 hours.

We believe that MANA still has a lot of value to be tapped. Decentraland recently partnered with internet giant Yahoo! to launch several events in its metaverse. The partnership, announced last month, is expected to help Hong Kong residents engage in social activities as they deal with imposed lockdown restrictions due to a surge in COVID-19 cases.

Cryptoassets are a highly volatile unregulated investment product.

8. ApeCoin (APE) – Top NFT-Focused Coin Apecoin Logo

Ever since it launched earlier this year, ApeCoin has continued to be one of the trending cryptocurrencies. This new cryptocurrency with potential is doing some impressive numbers across the board.

ApeCoin was launched and is currently managed by the APE decentralised autonomous organisation (DAO). The crypto asset is tied to the APE ecosystem, which includes the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC) NFT collections, and the Otherside metaverse.

With a current price of $5.86, APE has been down by 1% in the past 24 hours. However, its 30% jump in the past week speaks to the coin’s value.

Apecoin

The major reason for the rise in ApeCoin’s price is the recent demo for the Otherside metaverse. Over the weekend, Yuga Labs – the BAYC and MAYC collections developers – invited 4,300 players to a demo of the Otherside metaverse, and the reviews were quite impressive. As they continue their broader rollout, we expect to see APE surge even more.

With links to two of the most popular NFT collections, it’s easy to see why APE is the best new cryptocurrency with potential.

Cryptoassets are a highly volatile unregulated investment product.

9. Stellar (XLM) – Crypto for Simplified Cross-Border Payments stellar xlm logo

Stellar was founded as a fork of the original Ripple payment system. It focuses on bridging the gap between individuals and the financial services they need to participate in the first world.

Stellar’s XLM coin is one of the most recognisable in the crypto market. The digital asset currently trades at $0.11, up by 2.76% in the past 24 hours.

Stellar We chose XLM as one of the cryptos with the most potential because of Stellar’s continued growth in the global payment space. Last month, the company partnered with money movement platform Nium to offer payouts in over 190 countries worldwide.

Due to Stellar’s pedigree in offering seamless cross-border payments, Nium explained that it would connect with Stellar’s application program interface (API) to ensure proper interoperability and help Stellar-based businesses to access a suite of payment services that can scale as their money movement needs change.

Cryptoassets are a highly volatile unregulated investment product.

10. Cardano (ADA) – Best Proof-of-Stake Crypto Under $1

Cardano is another popular blockchain gaining massive investor attention currently. Its ADA token is one of the cryptos with the most potential in 2024, and ADA has been on an impressive run lately.

In September 2021, the blockchain’s developers implemented the Alonzo hard fork and brought smart contracts to the chain. Cardano has proven to be a viable home for blockchain app developers with smart contract functionality.

ADA, Cardano’s native token, currently trades at $0.497. The asset has been up by 1.68% in the past 24 hours. As one of the penny cryptocurrencies with potential, this asset could deliver massive gains for investors holding the ADA tokens.

Cardano ADA’s prospects have also been improved thanks to the implementation of Cardano’s Vasil hard fork. The hard fork is expected to be the most significant since last September’s Alonzo hard fork, providing improved scalability and reduced transaction costs for ADA users. It was implemented on Cardano’s testnet earlier this month, with the mainnet implementation expected in a few weeks.

Data also showed that several ADA whales have already begun to accumulate more of the tokens. This could signal that they believe the coin will see significant gains once Vasil is implemented on Cardano’s mainnet.

Cryptoassets are a highly volatile unregulated investment product.

11. Solana (SOL) – Low-cost Scalable DeFi Network

Solana is one of the most prominent blockchain protocols in the industry now. It is the foremost member of the “Ethereum killers” – a group of blockchains expected to challenge Ethereum’s dominance in the space. The platform’s low fee structure and high throughput have made it one of the top crypto dogs in the past year.

Solana’s native token, SOL, has earned its place among the best cryptocurrency with the highest potential. The asset currently trades at $46.56 – an impressive jump of 11.47% in the past 24 hours.

Solana Best Crypto to Buy The Solana blockchain continues to develop impressively, encouraging investors and market participants across the board. Besides the ecosystem’s continued growth, Solana Labs has also confirmed that they will move into the mobile space as they look to bring Web3 to users.

Weeks ago, Solana Labs unveiled the Solana Saga. Saga is an Android smartphone that offers several Web3 features, especially for users to mint and sell their NFTs across blockchains.

Solana Saga is expected to be the primary point in the company’s desire to bring Web3 to the masses. The market is undoubtedly excited about this and will anticipate Solana’s ability to compete with industry giants like Apple.

Cryptoassets are a highly volatile unregulated investment product.

12. Aave (AAVE) – Building for the Next DeFi Developers aave logo

Rounding out our list of cryptocurrencies with big potential is AAVE – the native token for the Aave decentralised finance (DeFi) protocol. Aave is a lending protocol that ranks as the fourth-largest DeFi protocol, with $4.8 billion in total volume locked. The platform is one of the most recognisable names in DeFi.

One of the cryptocurrency with the highest potential, AAVE currently trades at $100.21. The token has been up by 4.44% in the past 24 hours.

AAVE Like many large-cap coins, we believe that AAVE remains a highly attractive investment. Gains in the crypto market will undoubtedly spill over to the DeFi space, and coins like AAVE will be the first to enjoy surges in price when this happens.

Aave’s developers remain committed to their mission of improving the platform. Earlier this week, they announced a partnership with decentralised Web3 infrastructure provider Pocket Network to offer increased scalability to developers when building decentralised applications (dApps) on the Aave Protocol.

Aave is expected to use Pocket’s distributed network of over 44,000 nodes to provide on-chain data access from various blockchains, powering the dApps on its protocol. Developers of Aave-powered dApps will also be able to access blockchain data from Pocket Network on demand.

Cryptoassets are a highly volatile unregulated investment product.

How to Select the Cryptos with the Most Potential

So how do investors select these cryptocurrencies? What factors should investors consider when searching for a new cryptocurrency with potential? We highlight some ideas below.

Price Performance Over Time

One of the best ways to find top crypto with the highest growth potential is to look at their performance over time, or projected potential upside for brand new crypto projects.

The crypto market has phases. There are periods of surges and downturns – just like any other financial market. However, coins that can bounce back after downturns are very attractive to investors who value long-term income over short-term profits.

This is one of the major areas where large-cap coins tend to have an advantage. They have liquidity and have built impressive investor bases over time. This means that these coins remain in high demand and can provide safe havens for their investors regardless of how bear markets affect them.

However low cap crypto gems have more room for growth and pump more readily despite being less proven – requiring less buying volume to move the price. There are pros and cons of investing in each.

Use Cases

Another major pointer of potential is the use case of an asset.

One of the oldest and most useful pieces of advice for crypto investors is considering assets with meaningful use cases. Coins that are tied to resilient protocols are always an attractive investment. Bitcoin is looking to make it easier for people to control their wealth, while coins like Ethereum and Solana are useful because they are tied to functional blockchains. LPX is gaining popularity for how it is making Web 3 ecosystems more accesisble.

When an investor can find a use case for a coin, they can easily obtain the crypto with the highest potential.

Roadmap with a Clear Vision

Besides the use case for a coin, a project with a clear roadmap and past results is a positive signal to investors.

Assets and protocols with a clear roadmap are attractive to investors because there is a simple and effective pathway for their developers to reach their goals. Investors can hold them to account and trust that they will be true to the roadmap they’ve set for themselves. Also, investors can gauge success based on outcomes. So as much as possible, always look for coins tied to projects with clear outcomes.

Plans for Widespread Adoption

Another way to find cryptocurrencies with big potential is to ensure their developers have a proper plan to bring about mass adoption. This is where the team’s growth plan comes into play. For some projects, attracting the right audience is key to their growth. For others, it’s about the solution their network solves. Case in point Launchpad XYZ.

The best coins and blockchain protocols can solve real-world problems, and their developers should also have plans to get them to the people who need them the most. So investors must keep an eye on the developers’ outreach and adoption plans.

Company History

When choosing projects with the most potential, carrying out your research is critical. You need to learn about the development team’s experience and where they are from.

Some of India’s biggest projects also sprung up, including Binance-owned WazirX and Polygon (MATIC). Polygon, the popular Ethereum Layer-2 scaling solution, has grown into a global blockchain behemoth, but the protocol’s headquarter is still in its country of birth – India. Since the market crash MATIC has recovered over 300% from $0.31 to around $1, at press time.

How We Find Cryptocurrency Projects With the Most Potential

Now, how do we find these cryptocurrencies? Where can investors find cryptocurrencies with potential? Check these places out:

News Outlets

News outlets are a great place for investors to find information about protocols and coins that have the market excited. By keeping your ears to the ground, you should be able to find credible information to help you know which projects and coins are worth the investment.

Also see our post on the top trending cryptocurrency now based on Google Trends.

Social Media

Another great source of information on coins is social media. Today, platforms like Twitter, Facebook, and Reddit.

Reddit, dubbed the world’s “front page of the internet”, hosts thousands of conversations on cryptocurrencies and the most exciting projects in the market. You could easily search for top digital assets like Launchpad XYZ, Cardano and Wall Street Memes to find discussions that would aid your investment decision.

Online Message Boards

Like social media, online message boards are another high-quality source of crypto information. These platforms allow people to come together and enjoy spirited conversations about cryptocurrencies, shedding light on the most promising coins and projects in the market right now.

Message boards are a great place to start for investors who love to do thorough research.

Conclusion

Despite going through a rough patch in recent weeks, there is no doubt that the crypto market is currently rife with opportunities. Coins are available at massive discounts, and investors who can find the crypto with the most potential in 2024 can set themselves up for some impressive gains over time.

Wall Street Memes, with its impressive community and release timing, can potentially grow massively. Launchpad XYZ can adopt a similar growth trajectory thanks to its inclusive way to make Web 3 adoption easier.

Launchpad XYZ logo

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Jimmy Aki

Jimmy Aki

Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system.