Best Cryptocurrencies 2024 – Top Coins to Invest In Why Trust Us ICO Bench was created by a team of crypto experts to help our readers find the latest initial coin offerings and cryptocurrency presales. All content follows a strict editorial policy that ensures factual accuracy, neutrality, and helpfulness. We aim to provide insightful content that helps our readers make informed decisions while stressing the importance of prioritizing safety and risk management. All information in our content is based on meticulous research carried out by our team of writers and editors. We use reputable sources to find relevant projects and ensure that all content is regularly updated for accuracy. The information provided by ICO Bench should be used for research purposes only and should not be taken as investment advice. Why Trust Us ICO Bench was created by a team of crypto experts to help our readers find the latest initial coin offerings and cryptocurrency presales. All content follows a strict editorial policy that ensures factual accuracy, neutrality, and helpfulness. We aim to provide insightful content that helps our readers make informed decisions while stressing the importance of prioritizing safety and risk management. All information in our content is based on meticulous research carried out by our team of writers and editors. We use reputable sources to find relevant projects and ensure that all content is regularly updated for accuracy. The information provided by ICO Bench should be used for research purposes only and should not be taken as investment advice. There are thousands of cryptocurrencies to choose from, so knowing which investments to make can be difficult. While one cryptocurrency can generate gains of 10x in the space of a week – another can become worthless overnight. In this guide, we clear the mist by revealing the best cryptocurrencies. We cover a wide range of cryptocurrencies – from established projects with solid utility to new meme coins that have the potential to explode. Read on to discover which crypto projects could generate the biggest portfolio gains in 2024. The Best Cryptocurrencies to Invest in Shortlisted In our view, listed below are the 10 best crypto to buy now: Pepe Unchained (PEPU) — Layer 2’s next big meme coin. Crypto All-Stars (STARS) – The Best Cryptocurrency Redefining How We Interact with Meme Coins. Base Dawgz (DAWGZ) — The multi-chain crypto adventure project of 2024. The Meme Games (MGMES) — Where meme culture meets Olympic excitement. Shiba Shootout (SHIBASHOOT) — Capture the spirit of the west with community-driven rewards. MegaDice (DICE) — The GambleFi ICO project with massive potential. Sponge V2 — New crypto presale with over $3 million raised so far. DogLibre (DOGL) — The best dog meme coin with a mission. StarChain (STRC) — Decentralized scientific data storage crypto platform. Best Cryptocurrencies to Invest in 2024 Cryptocurrency investments should not be taken lightly. While the potential rewards are huge, so are the risks. Therefore, you’ll need to do your own research and analysis when selecting the best crypto to buy now. Read on to discover our viewpoints on the 10 cryptocurrencies listed above. 1. Pepe Unchained – Layer 2’s next big meme coin Pepe Unchained ($PEPU) is a revolutionary meme token themed around Pepe, utilizing Ethereum’s layer-two (L2) blockchain. This configuration enhances scalability, slashes transaction costs, and provides significant staking rewards. Operational costs are reduced by offloading transactions from the main network to the L2 solution, enabling Pepe Unchained to offer exceptionally high staking rewards, with an annual yield currently over 70,000%. Additionally, fewer transactions on the main network result in faster processing speeds and lower gas fees for token holders. These features contributed to Pepe Unchained raising over $160,000 within just two days of its presale launch. Of the 8 billion total token supply, 20% are allocated for the presale, while 30% will be distributed through staking pools. Investors can participate in the presale by purchasing $PEPU tokens at $0.008 each. Visit Pepe Unchained Your money is at risk. 2. Crypto All-Stars – The Best Cryptocurrency Redefining How We Interact with Meme Coins Things have kicked off with high momentum as Crypto All-Stars rallied almost $800,000 in just barely three weeks. The staking pool has received over 377 million $STARS tokens, and it doesn’t seem to be slowing down. We expect more tokens as the presale continues its blazing stance among other competing tokens on this list. The project promises to disburse rewards from the staking pool for the next two years. Those who invested early (within the first week of the presale stage) had over 4,000% as estimated rewards per annum. While you won’t get that amount, you can still get something substantial before the presale reaches its target. By then, token claims will begin before we see $STARS on decentralized exchanges. You only have to hold $STARS tokens in the MemeVault to qualify for the rewards. If you want more rewards, simply buy and hold more tokens. That’s a strong incentive that will attract investors from different blockchains. Crypto All-Stars aims to unite whales and small investors in every major meme token on Earth. By staking their meme tokens, they will earn $STARS. With that, Crypto All-Stars expects a healthy demand to keep $STARS on an upward trajectory. Our advice remains to invest with prudence. Token Symbol $STARS Presale Supply 20% of total supply Network ERC-1155 Payment Method ETH, BNB, and USDT Visit Crypto All-Stars Your money is at risk. 3. Base Dawgz – The Multi-Chain Crypto Adventure Project of 2024 Base Dawgz is a pioneering cryptocurrency project merging adventure and blockchain technology. Inspired by base jumping, Base Dawgz offers a multi-chain experience across Ethereum (ETH), Solana (SOL), Binance Smart Chain (BSC), and Avalanche (AVAX). Utilizing Web3 technologies like Wormhole and Portal Bridge, Base Dawgz facilitates seamless cross-chain interactions, enabling users to explore decentralized worlds without boundaries. Tokenomics of the $DAWGZ token focus on balanced distribution and sustainable growth. Rigorous security measures include smart contract audits and community-focused initiatives. Base Dawgz invites you to join its movement early through the ongoing presale event. Visit Base Dawgz Your money is at risk. 4. The Meme Games — Where meme culture meets olympic excitement Crypto enthusiasts are buzzing about The Meme Games, a unique blend of meme culture and competitive spirit. This project offers more than just a token; it provides an engaging experience where investors can participate in virtual races and earn significant rewards. The excitement has led to over $100K being raised in mere minutes during its presale. At the core of this project is the 169m sprint, where buyers choose a meme character like Dogecoin or Pepe to compete. A victory not only adds to the fun but also grants a 25% token boost, enhancing the investment’s appeal. This randomized gaming mechanism ensures fairness and excitement for all participants. The presale, set to end on September 8, 2024, coincides with the Paralympics closing ceremony, and the official launch on decentralized exchanges follows on September 10. With the token priced at $0.009 and a total supply capped at 2,024 billion, investors are keenly watching this space. Visit The Meme Games Your money is at risk. 5. Shiba Shooutout – Capture the Spirit of the West with Community-Driven Rewards Imagine a Wild West adventure combined with the excitement of cryptocurrency; that’s Shiba Shootout. This Shiba Inu-themed token breaks the mold of typical meme coins by offering unique features and substantial rewards. With 2.2 billion tokens proposed, its presale has opened up 35% of these tokens for early investors. The roadmap is equally thrilling, with plans to launch a mini-game and list on major exchanges like CoinGecko and CoinMarketCap. These developments aim to boost the token’s market presence and attract a broader audience, setting the stage for significant growth. One of the standout aspects of Shiba Shootout is its community-driven approach. The Posse Rewards program encourages users to expand their networks, while Campfire Stories reward the best crypto tales. These features create a vibrant and engaging community, making every participant feel valued. For those interested in passive income, Shiba Shootout offers Cactus Staking, which increases rewards the longer you hold your tokens. Additionally, the Savings Saddlebags incentivize long-term investment by rewarding holders who lock up a portion of their tokens, making it an appealing option for all types of investors. Visit Shiba Shootout Your money is at risk. 6. MegaDice – The GambleFi ICO Project With Massive Potential MegaDice introduces the DICE token for gameplay within its renowned cryptocurrency casino platform. A portion of MegaDice’s revenue, including transaction fees and profits, is distributed among DICE token holders, fostering active engagement and ownership within the ecosystem. With a strong reputation in the crypto casino sector, MegaDice anticipates significant demand for its token during the presale. Visit MegaDice Your money is at risk. 7. Sponge V2 — New Crypto Presale With Over $3 Million Raised so Far Sponge V2 is making waves in the crypto community with its innovative approach to meme coins. Building on the success of Sponge V1, which achieved a staggering $100 million market cap in 2023, Sponge V2 introduces a play-to-earn racing game featuring meme characters, slated for release in 2024. This strategic addition aims to add utility to the Sponge V2 token, potentially driving up demand. To participate in the presale and secure Sponge V2 tokens, investors need to connect their Ethereum wallet to the presale site and use ETH or USDT for purchase. Staking opportunities are also available, offering a generous 235% APY while awaiting the game’s launch. Follow Sponge V2 on Twitter and join the Sponge V2 Telegram channel for the latest updates. Dive into the Sponge V2 whitepaper for comprehensive project details. Visit Sponge V2 Token Presale Your money is at risk. 8. DogLibre – The Best Dog Meme Coin With a Mission! While the crypto market is flooded with meme coins, DogLibre stands out with a noble mission—to improve the lives of dogs worldwide. This innovative project leverages blockchain technology to create safe spaces for pets and strays, supported by the DOGL token on the Ethereum blockchain. Beyond its charitable mission, DogLibre offers robust token utility and a comprehensive roadmap designed to attract long-term investors. The ecosystem spans AI integration, pet care, walk-to-earn, NFTs, mobile gaming, and DAO governance. The DogLibre presale, which began in April and runs until August, presents an early investment opportunity with promising returns. Tokens can be purchased using ETH or USDT, with staking options available to maximize investment returns. Visit DogLibre Presale Your money is at risk. 9. StarChain – Decentralized Scientific Data Storage Crypto Platform StarChain ($STRC) democratizes scientific research, especially in the astronomy niche, with its decentralized data storage and validation network. $STRC, the native token, will be rewarded to users who contribute to the ecosystem. Researchers and institutions from around the world can upload scientific data on the decentralized DataStore/repository. StarChain leverages AI tools to validate and interpret the uploaded data. The goal of the AI tool is to spot any anomalies and errors, ensuring the integrity of the ecosystem. $STRC, the native token, will be offered as a reward whenever researchers upload scientific data. From a total supply of 500 million tokens, 175 million will be allocated through the ongoing presale. Currently, $STRC is priced at $0.5 per token. Within a few days since the presale launched, StarChain has raised nearly $30K. By the final stage of the presale, the token price will be allocated to $0.63 per token. Learn more about this new crypto token by going through the StarChain Telegram channel and following the X page. Visit StarChain Your money is at risk. Our Methodology When Ranking the 11 Top Crypto to Buy In this section, we offer insight into our methodology – which allowed us to rank the 11 best cryptos to buy from thousands of projects. Type of Crypto Niche Our meticulous research process covered a wide range of cryptocurrency types. After all, the most risk-averse way to invest in cryptocurrencies is to build a diversified portfolio. For example, we covered some of the best meme coins, such as Pepe Unchained and The Meme Games. We also discussed gambling-related projects like Scorpion Casino, not to mention play-to-earn ecosystems like Meme Kombat and Axie Infinity. This was in addition to metaverse projects and decentralized exchanges. By owning a diverse selection of cryptocurrencies from multiple niches, you’re giving yourself the best chance of success. For instance, meme coins continue to lead the way in 2023. As seen with Pepe, Pepe 2.0, Elon 2.0, and many other new projects – meme coins can generate significant gains in a very short period of time. However, the crypto markets can change gears at any time, meaning another niche might be the new flavor for investors. This is why it’s wise to invest in many different types of cryptocurrencies. Market Capitalization When ranking the 11 best crypto to invest in 2024, our methodology covered small, medium, and large-cap projects. Once again, this ensures that your portfolio is well-balanced and that you cover all potentialities. It also enables you to target various risk-reward profiles, as the market capitalization can have a major impact on your potential to make or lose money. For example, presale projects like Sponge V2 and Bitcoin Minetrix have a small market cap. This means that once they’re listed on exchanges, they will initially attract low liquidity levels. Put otherwise, small-cap cryptocurrencies can rise and fall significantly in a short period of time. A recent example of this is Sui – which raised $22.5 million via its Kucoin presale allocation. Within a day of listing on exchanges, Sui had increased by over 1,600%. Since then, Sui has declined by almost 75% from its peak. To counter the added risks of investing in small caps, we also discussed some well-known projects with much larger valuations. This included Ethereum, Ripple, BNB, and Uniswap. Although the upside potential is lower, so are the risks. That said, even established large caps are trading at huge bear market discounts, so there are still plenty of opportunities to make solid gains. What is Market Capitalization in Crypto? Investors value cryptocurrencies in the same way as publicly traded companies – the market capitalization. This gives crypto projects a value based on the number of tokens in circulation, multiplied by the current market price. For example, suppose a crypto token is trading at $0.50. There are 50 million tokens in circulation. This means the project has a market capitalization of $25 million. The larger the market capitalization, the more established the project is. Cryptocurrencies with a small market capitalization are often new projects that recently entered the market. This means the risks are higher, but so is the upside potential. Token Use Cases Our methodology ranks crypto projects highly when their native token has at least one use case. If it doesn’t, then the likelihood of the project succeeding in the long run is slim. After all, there is no reason for people to buy the token, other than to sell it at a later date for a higher price. If you look at the top cryptocurrencies by market capitalization, you’ll notice that the majority have an identifiable use case. For example, ETH and BNB are used to settle transaction fees on the Ethereum and Binance Smart Chain, respectively. When third-party projects build on these networks, they’re required to settle transaction fees in these cryptocurrencies. This gives them a solid use case and a reason to buy and hold the tokens. Similarly, XRP is used by financial institutions that are partnered with the Ripple payment system. XRP tokens provide near-instant liquidity on cross-currency transfers, such as pounds and euros or dollars and yen. That said, some of the best small-cap cryptocurrencies discussed today also have a solid use case. For instance, we mentioned earlier that Meme Kombat has developed a gaming ecosystem for meme battles. Its native token, MK, allows users to place bets on battles to win rewards. On the flip side, there are many successful cryptocurrencies that have questionable use cases. For example, Alkesh Shah from BofA Securities – the investment banking arm of Bank of America, notes that Dogecoin has no use cases. Even so, Dogecoin is currently valued at over $8.5 billion. Many cryptocurrencies – especially meme coins like Dogecoin, and Shiba Inu attract speculative investors who follow broader industry trends. Tokenomics When researching the best crypto to buy now, our methodology also examined the ‘tokenomics’. In simple terms, this outlines the supply and demand metrics of a crypto project. For instance, the number of tokens that the project has created and how many are in circulation at any given time. Bitcoin, for example, has a total supply of 21 million tokens. According to CoinMarketCap, Bitcoin currently has 92.83% of its total supply in circulation. The balance is released incrementally every 10 minutes until 21 million tokens are in supply. After that, no more Bitcoins will ever be created. This represents solid tokenomics, as the Bitcoin supply is limited, predictable, and deflationary. There are many cryptocurrency projects that have high-risk tokenomics. For example, some projects do not place a cap on the number of tokens that can be created. This is like a company that constantly issues new shares, diluting current shareholder value along the way. When reviewing the tokenomics, we look at many other important factors. For example, we particularly favor crypto projects that have a burning mechanism in place. This reduces the circulating supply of the tokens over time and thus – increases scarcity. There are several different ways that this can be achieved. For example, Binance uses a portion of their profits to buy back their own tokens. The tokens are then sent to an inaccessible wallet, which removes them from the supply. This is a sustainable way of burning tokens. Alternatively, some projects simply burn tokens that are yet to enter circulation. Not only does this have a limited impact on the value of the tokens but it’s not sustainable in the long run. After all, there are only so many tokens that the project has access to. Is it Good When a Crypto Has a Capped Token Supply? Many investors favor cryptocurrencies that have a capped token supply. The reason for this is simple – the tokens will not suffer from poor inflationary practices. This is in contrast to traditional fiat currencies, which do not have a capped supply. Known as quantitative easing, central banks can print as much money as they see fit. This ultimately devalues the currency over time. This is why it’s wise to focus on cryptocurrencies that cannot increase their maximum supply. Where to Find the Best Cryptocurrency to Buy Today It’s all good and well knowing what to look for when choosing the best crypto to buy now. But where do you actually find potential crypto investments? After all, there are thousands of crypto projects in the market. In this section, we discuss some of the best ways to find suitable cryptocurrencies for your portfolio. CoinMarketCap Once a cryptocurrency is listed on an exchange, it’s usually imported into a data aggregation website. CoinMarketCap is the gold standard in this respect. CoinMarketCap extracts data from hundreds of cryptocurrency exchanges, such as Binance, Coinbase, KuCoin, and Bitstamp. This includes data for thousands of cryptocurrencies. Each cryptocurrency will trade at a slightly different price depending on the exchange, which CoinMarketCap averages out based on volume and liquidity. This offers a snap shop overview of the cryptocurrency, in terms of pricing, performance, where it’s listed, the number of token holders, and the tokenomics. Due to the sheer number of cryptocurrencies supported, CoinMarketCap offers many different ways to perform your own research. Short-term investors will often use the ‘Gainers and Losers’ tab. This shows the best and worst-performing cryptocurrencies over a set period. You can choose to view performance metrics based on 1 hour, 1 day, 1 week, or 1 month. This allows you to discover the top cryptocurrency to invest in for your chosen strategy. Some investors will use CoinMarketCap’s ‘Trending’ tab. This ranks cryptocurrencies based on the number of searches and views. This can be a great way to find new cryptocurrencies that are generating a lot of hype. DEXTools Similar to CoinMarketCap, DEXTools is also a data aggregation website. The main difference is that DEXTools specializes in decentralized exchanges. This means that many coins on DEXTools are small-cap projects that are yet to be listed on centralized platforms. As such, DEXTools is ideal for finding undervalued gems that could be about to explode. DEXTools currently supports over 2.1 million cryptocurrencies from 81 network standards. While you won’t be able to analyze all cryptocurrencies on DEXtools, it does offer handy filters to find the best projects. For example, you can view cryptocurrencies by their most recent social network update. This allows you to get a first-mover advantage if a project announces a notable development – such as a token burn or new partnership. Some investors use the ‘Daily Gainers’ tab on DEXtools. Similar to CoinMarketCap, this shows you to best-performing cryptocurrencies over your preferred period. You can also view ‘Hot Pairs’ which show trending cryptocurrencies based on views and searches. One of the best features of DEXtools is that it also supports trading. Once you’ve found the best crypto to trade – you can connect your wallet to complete the investment. How do you Trade on DEXtools? If you’ve found the best new crypto to invest in on DEXtools – you can purchase the tokens directly on the platform First, click on the ‘Connect’ button. Choose your preferred waller, such as MetaMask or OKX Once your wallet is connected, search for the pair you can trade (e.g. PEPE/WETH) On the left-hand side, type in the number of tokens you want to swap. The equivalent number of tokens will update, based on current prices. Confirm the trade and DEXtools will execute it instantly. Your newly purchased tokens can be found in your connected wallet. Make sure you disconnect your wallet before leaving the DEXtools website. Popular Crypto Exchanges In addition to data aggregation websites, you can also go directly to the source – crypto exchanges. Tier-one exchanges offer lots of useful information that you can use to find the best crypto to invest in 2024. You can be sure the data is credible, as it’s based solely on activity made on the respective exchange. For example, eToro – which is regulated by FINRA and other reputable licensing bodies, offers market sentiment charts. This shows you what percentage of investors are buying or selling a particular cryptocurrency. eToro is used by over 30 million investors, so that’s a lot of useful data. In addition, eToro also gives buy, sell, or hold ratings for each supported cryptocurrency. This is based on eight of the most commonly used technical indicators. eToro isn’t the only tier-one exchange you can use to find the best cryptocurrency to invest in 2024. For example, Binance lists the top gainers and losers, plus the leading cryptocurrencies for volume and searches. It also allows you to break down the best coins to buy for your preferred category – such as metaverse, layer 1, or AI. Many other popular exchanges offer similar data, such as KuCoin, Bitstamp, and Kraken. YouTube Analysts We also found that YouTube is useful when searching for the best crypto to buy. There are many respected analysts and commentators who have a huge following – largely because they have a track record of consistently predicting the market. Carl Runefelt – which is behind the popular YouTube channel ‘The Moon‘, specializes in technical analysis. While most of the focus is on Bitcoin, Runefelt also covers altcoins. Runefelt is also a seed investor in new cryptocurrency projects, so it’s worth keeping tabs on where he’s putting his money. If you’re interested in finding the best crypto presales, we found that Jacob Bury has a wealth of information to share. Bury helps his growing YouTube audience find the next 10x cryptocurrencies. He likes to find presale campaigns before they launch, which often yields the most favorable entry price. Over the past couple of years, Bury has made some hugely successful predictions on the best new crypto to buy. This includes Tamadoge, which did 20x after its presale. Before that, Bury recommended Lucky Block, which made presale gains of 60x. You can read more about upcoming ICOs here, where we discuss the best crypto projects to launch in August 2024. Different Types of Cryptocurrencies: Which is Best in 2024? We considered a broad range of categories when ranking the best cryptocurrency to buy now. Some cryptocurrencies fall into multiple categories, while others operate a unique niche. Let’s explore some of the main cryptocurrency types so you can determine which is best for your portfolio. Altcoins Altcoins refer to all cryptocurrencies in the market – other than Bitcoin. This means that there are thousands of altcoins to choose from. This ranges from large caps like Ethereum, XRP, and BNB to small caps such as Pepe Unchained and The Meme Games. Utility Tokens Some investors prefer utility tokens when choosing the best coin to invest in. Utility tokens are cryptocurrencies that have an identifiable use case. For example, MK is a utility token, as it’s used to gamble on battles in the Meme Kombat ecosystem. BNB is also a utility token, as it offers discounted trading fees on the Binance exchange. The majority of cryptocurrencies in the top 100 for market capitalization are utility tokens. The reason for this is simple – utility tokens can be used to access a particular product or service. There’s a reason to buy utility tokens rather than just to make money. In other words, utility tokens have the best chance of remaining relevant in the long run. Meme Coins When searching for the best crypto coin to buy, you’ll likely come across meme coin projects. Meme coins operate in contrast to utility tokens. This is because meme coins rarely have any use cases. In most instances, meme coins are based on a popular trend, character, or animal. For example, the original meme coin – Dogecoin, is based on the Shiba Inu dog. This is also the case for Shiba Inu. And then there’s Pepe, which is based on Pepe the Frog. On the one hand, meme coins do not represent rational investments. But the reality is that many meme coins have produced life-changing returns. Meme coins have a habit of creating hype and FOMO, which are key components for a cryptocurrency to explode. For instance, Pepe grew by over 7,000% in under a month earlier this year. In the meantime, established utility tokens like Ethereum and BNB remained flat. We found that Pepe Unchained could be the next Pepe, considering it has raised over $6.8 million in a few months of the presale launch. However, meme coins are also a lot more risky than utility tokens – so it’s best to have realistic expectations. While your meme coin investments could do 10x or more – they can also become worthless overnight. Stablecoins Stablecoins are cryptocurrencies that are pegged to fiat currencies. They are created to retain their value in all market conditions. The largest stablecoin is Tether, which has a market capitalization of over $83 billion. The objective is for Tether to always remain at $1, give or take a small spread. Another popular stablecoin is USD Coin, currently valued at over $25 billion. Although stablecoins aren’t purchased for price appreciation, there are still ways to make money. For example, you can stake stablecoins for passive rewards or lend them to decentralized exchanges to earn trading fees. In both instances, you can generate a yield without worrying about volatility. That said, stablecoins can lose their pegging – just like Terra USD did in 2022. Which Cryptocurrency Type is Best for me? The irrationality of the cryptocurrency industry shows there isn’t necessarily a stand-out token type to invest in. In theory, utility tokens offer the best long-term investment, as they have an identifiable use case. However, meme coins – which often don’t have any use cases, have also produced huge gains in recent times. Therefore, it’s best to hold a wide variety of cryptocurrency types to cover all potentialities. This might include utility tokens, meme coins, staking coins, and presale tokens. You. can also niche down further by covering different sub-industries. For instance, cryptocurrencies in the metaverse, play-to-earn, decentralized trading, and payment spaces. Staking Coins Many cryptocurrencies operate on the proof-of-stake consensus mechanism. This means that users can ‘stake’ their tokens to earn passive rewards. In some cases, you’ll be depositing the tokens into the blockchain network itself. In doing so, you’ll be keeping the network secure and will earn a share of newly minted tokens. Some projects have a fixed percentage of tokens that they set aside for staking. This means that the staking process doesn’t contribute to inflation. This benefits investors in the long run, as tokens cannot be sold while they are being staked. DeFi Coins Another popular cryptocurrency type is DeFi (decentralized finance) coins. These are ecosystem tokens that offer access to decentralized finance products. For example, decentralized token swaps, liquidity farming, staking, and dual investments. Uniswap and SushiSwap are good examples of DeFi coins. Most DeFi coins also offer governance rights, meaning holders can vote in key proposals. When is the Best Time to Invest in Crypto? If you’re new to cryptocurrency, you might be wondering if now is a good time to invest. From a price perspective, the current crypto landscape offers an attractive time to enter the market. The reason is simple – cryptocurrencies are still trading at a huge discount when compared to their all-time highs. This price depression began in November 2021 – when the broader markets peaked. Bitcoin and Ethereum, for example, hit highs of almost $69,000 and $5,000 respectively. Today, these cryptocurrencies are trading at approximately $26,000 and $1,600. As you work your way down the list of cryptocurrencies by market capitalization, you’ll see that other projects have seen even bigger declines. This includes Uniswap (90%), Decentraland (95%), and SushiSwap (97%). In simple terms, you can now buy your favorite cryptocurrencies at a fraction of their previous highs. And by entering the market at a lower price, you’ll be getting a lot more tokens for your investment. For example, if you bought SushiSwap at its peak in 2021, you would have paid $23.38 per token. This means that a $500 investment would have got you just 21 tokens. The same $500 investment today will get you 862 tokens. Importantly, the cryptocurrency markets move in cycles. When the broader markets are down, the majority of cryptocurrencies decline. This is often the best time to buy cryptocurrencies. This is similar to investing in the S&P 500 index during a stock market recession. Or buying oil futures when record lows during the COVID lockdown. However, there are no guarantees that cryptocurrency prices will recover. There’s also no certainty that another bull market will arrive. Always tread with caution and ensure you’re well diversified. Conclusion In summary, we’ve ranked 11 crypto projects that could outperform the market in the coming months. For maximum upside potential in 2024, we particularly like Pepe Unchained ($PEPU). This is a new Pepe-themed meme coin that is built on Ethereum’s layer-two blockchain. $PEPU, the native token, can also be staked to offer high staking rewards. Visit Pepe Unchained FAQs What are best crypto investments right now? If you’re looking for 10x potentials, consider crypto presales like Pepe Unchained, The Meme Games, and WienerAI. Which crypto will explode in 2024? Pepe Unchained is one of the top coins that can explode in 2024. Within a couple of months since the presale launched, Pepe Unchained has raised more than $6.8 million. Which crypto will make you rich 2025? Many investors are buying established cryptocurrencies while broader prices are depressed. This includes Ethereum, SushiSwap, Uniswap, BNB, and Decentraland. While you might not get rich, there’s plenty of upside to target. Which crypto has 100x potential? Many analysts believe that Pepe Unchained ($PEPU) has 100x potential. In just a few months of its presale launch, $PEPU has raised over $6.8 million. What is the cheapest crypto to invest in 2024? Currently priced at just $0.008 per token on presale, Pepe Unchained is one of the cheaper coins to purchase in 2024. By Kane Pepi Kane Pepi is an established financial and cryptocurrency writer with over 2,000 articles, tutorials, and market insights under his belt. Kane has a reputation for offering concise explanations of complex financial matters due to his competence in specialized fields such as asset valuation and analysis, portfolio management, and financial crime prevention. He has a Bachelor's Degree in Finance, a Master's Degree in Financial Crime, and is now working on his Doctorate degree, which will focus on the difficulties of money laundering in the cryptocurrency and blockchain technology industries. Kane's abundance of knowledge and expertise in the sector make him an invaluable resource for anybody navigating the world of finance and cryptocurrency. View all of Kane Pepi's posts