Best Altcoins to Invest in November 2024

Best Altcoins to Invest in 2024 – List

We’ve researched the cryptocurrency markets extensively and found that the 10 best altcoins to buy are those listed below:

1. Pepe Unchained (PEPU) — Ethereum layer-two blockchain token inspired by the Pepe meme coin.
2. Crypto All-Stars (STARS) – A Top Altcoin for the Multi-token Ecosystem
3. Shiba Shootout (SHIBASHOOT) — Stake your claim in the wild west of meme coins.
4. MegaDice (DICE) — The native utility token of the best online crypto casino.
5. SpacePay (SPY) — Hot new altcoin for easy crypto payments at stores. Raised over $180K in presale.
6. StarChain (STRC) — Decentralized data repository crypto platform that uses AI tools to democratize scientific data.
7. Solana (SOL) — A decentralized blockchain that supports smart contracts, and can handle up to 65,000 transactions per second.
8. Ripple (XRP) — Top #10 crypto by market cap, XRP uses cross-border payment technology.
9. The Graph (GRT) — The Graph is an innovative project that specializes in blockchain indexing.

1. Pepe Unchained – A Layer-Two Ethereum Meme Coin Inspired by the Pepe Meme

Pepe Unchained ($PEPU) is a new Pepe-themed meme token built on Ethereum’s layer-two (L2) blockchain. Thus, the token offers huge staking rewards, greater scalability, and reduced transaction costs. 

By offloading transactions from the main network, this L2 token reduces operational costs. Thus, Pepe Unchained can afford to offer greater staking rewards to $PEPU token holders. Currently, the annual staking yield is over 70,000%. 

The limited number of transactions on the main network also help increase the processing speed and lower gas fees for token holders. These reasons have helped Pepe Unchained raise over $160K within two days of its presale launch. 

Out of an 8 billion token supply, 20% of the tokens are being allocated through the presale, while 30% will be distributed through staking pools. To join the Pepe Unchained presale, interested investors can buy $PEPU for just $0.008 per token. 

Your money is at risk.

2. Crypto All-Stars – A Top Altcoin for the Multi-token Ecosystem

If you want the best altcoin that appeals to a larger crypto community beyond one network, you should consider Crypto All-Stars and its presale. This project leverages ERC-1155 to produce an ecosystem where other meme tokens can be staked. Hence, it gears up to pull investors and token holders from different networks, a move that increases demand for $STARS.

We are seeing this demand play out in the presale, with nearly $800,000 raised within three weeks. $STARS joined other altcoins on presale on August 13. Now, it is inching closer to its presale target and gearing up for public listing if everything goes according to plan.

The MemeVault is the primary attraction in the Crypto All-Stars project. As the project’s name suggests, the aim is to provide a platform where all meme coins can stay safely locked away while earning rewards. That is exactly what MemeVault will do when it launches soon after the $STARS presale.

Joining the presale guarantees you a spot when the MemeVault is in operation. You’ll be able to stake your meme tokens, regardless of your preferred network. With more $STARS in your staking pool, the more rewards you’ll get from the project.

Your money is at risk.

3. Shiba Shooutout – Stake Your Claim in the Wild West of Meme Coins

Shiba Shootout, inspired by the Shiba Inu craze of 2021, integrates a Wild West theme with its community-driven nature. Launched on April 20, 2024, with 2.2 billion tokens, it stands out among meme coins with real utility. The presale offers 35% of tokens and attractive staking rewards for early investors.

A key feature is the Posse Rewards, a referral program that rewards both new and existing members with tokens. This initiative fosters a vibrant, expanding community. Additionally, Campfire Stories reward holders who share entertaining crypto stories, adding a unique social aspect to the project.

The Cactus Staking feature is perfect for those interested in passive income, offering increasing rewards the longer tokens are staked. Another exciting aspect is the upcoming mini-game in phase two, which adds interactive gameplay shortly before the token’s exchange listings.

The roadmap includes listing on major exchanges like CoinGecko and CoinMarketCap, broadening its reach. With its innovative utilities and engaging community activities, Shiba Shootout is more than just a meme coin; it’s a promising project that combines fun and potential profit.

Your money is at risk.

4. MegaDice – The best Crypto Casino Altcoin

DICE is the new native utility token of the MegaDice crypto casino. MegaDice has emerged as one of the most popular crypto casino options and the new token brings added utility to the ecosystem.

DICE holders not only enjoy exclusive benefits within the Mega Dice ecosystem but also have the opportunity to earn passive income through the Mega Dice Referral Program. With a generous 25% rev-share, DICE holders can capitalize on their network and maximize their earnings, further solidifying their position within the Mega Dice community.

You can buy DICE tokens for a discounted price during the ongoing presale event.

Your money is at risk.

5. SpacePay – Hot New Altcoin for Easy Crypto Payments at Stores

SpacePay (SPY) is next on our list of the best altcoins. It’s a startup based in London that wants to make it easy for people to use crypto for everyday payments, just like traditional money.

The platform’s software works with the card readers that stores already have. This means you can pay with crypto, but the store gets fiat money. The best part is that there are no hidden fees- just a small 0.5% fee for the merchants.

$SPY token holders can get a share of this money along with other exclusive monthly rewards. They’ll also get to vote on important decisions for SpacePay.

There are a total of 34 billion $SPY tokens and 6.8 billion of them are available now in the ongoing presale, which has already raised over $180,000 in just a few days. Early buyers can grab $SPY for only $0.00147 at the time of writing.

Also, the platform has raised $750,000 from private investors and has a basic version of the product they’re testing. This means SpacePay’s payment solution could be available soon.

SpacePay has an APK (Android Application Package) to make crypto payments easy. You can scan a QR code on the SpacePay device at the store and instantly pay with your crypto.

You can join the SpacePay Telegram channel and follow it on X (formerly Twitter) to keep up with the latest project updates.

Your money is at risk.

6. StarChain – Native Token of a Decentralized Data Repository Platform

StarChain ($STRC) leverages blockchain technology and artificial intelligence to make scientific data easily accessible. The platform has created a decentralized data repository, which democratizes research in astronomy. 

To incentivize more researchers and institutions to share high-quality data on its repository, StarChain offers $STRC, its native token, as a reward. To verify the legitimacy of the data uploaded on StarChain, the platform uses AI tools that help identify any anomalies or issues with the uploaded data. 

The $STRC altcoin is currently available to purchase for just $0.5 per token on presale. In only a couple of days since the presale launched, StarChain has raised nearly $30K. From a total supply of 500 million tokens, 175 million $STRC tokens will be distributed through the ongoing presale. 

The unique utility of $STRC in promoting decentralized data storage makes it a top altcoin in 2024. To learn more about this project, join the StarChain Telegram channel and follow the X page. 

Your money is at risk.

7. Solana – Smart Contract Ecosystem Capable of 65,000+ Transactions per Second   

Outside of the presale space, Solana is one of the best altcoins to invest in. Often referred to as an ‘Ethereum Killer’, Solana is a decentralized blockchain that supports smart contracts. But unlike Ethereum, Solana is super-efficient. It can handle up to 65,000 transactions per second and fees are super-low.

Each Solana transaction attracts a fee of just $0.00025. This combination of scalability and cost-effectiveness means that Solana is ideal for dApps. In addition, Solana also supports NFT minting. Solana is also one of the most sustainable blockchains. It claims that one transaction is equal to a “few Google searches”.

Although Solana was only launched in min-2020, it’s already valued at over $8 billion. SOL, its native token, has increased by almost 2,400% since launching. SOL is currently trading 92% below its all-time high of $260. You can buy Solana at the regulated broker eToro with a debit/credit card. The minimum deposit is just $10 and fees are very competitive.

8. Ripple – Established Money Transfer Network Facilitating Cross-Payments for Banks 

Although Ripple is an established cryptocurrency – its progress has been hindered by ongoing court battles with the SEC. For many years, the SEC accused Ripple of selling unregistered securities; its native XRP tokens. However, a US judge recently ruled in favor of Ripple – a major landmark win for the cryptocurrency industry.

This means that XRP is once again one of the best altcoins to invest in. After all, many investors have been holding back until the court case reached a solution. Some of the world’s largest exchanges – including Coinbase and Bitstamp, have also listed XRP since the court ruling.

Ripple has some of the best fundamentals in the cryptocurrency space. It allows banks to transfer funds across borders in seconds. Fees amount to micro-pennies, even when cross-currency transactions take place. Banks can use XRP as a bridge of liquidity, so it’s got a huge use case. XRP is trading 86% below its all-time highs.

9. The Graph – Blockchain Indexing Network Enabling Developers to Extract Data        

The Graph is a top-rated altcoin that sits between blockchains and developers. It provides indexing services, allowing developers to extract data from their preferred blockchain technology. Without the Graph, it would be costly and time-consuming for developers to obtain their required data points.

After all, blockchains store a significant amount of data in a completely unorganized way. Trying to find a book in a library is a great analogy of how the Graph works. Instead of manually checking each and every book for your preferred title, you would ask a librarian for help. They would then point you to the exact location of the book.

Similarly, suppose an app developer wants to display Ethereum transactions in real-time. Through the Graph, the app can filter and sort data as and when it needs it. The Graph is backed by GRT tokens, which follow the ERC20 standard. You can buy GRT at a huge bear market discount of 97%. As such, it’s one of the best cheap altcoins to buy.

Understanding the Basics of Altcoins

Altcoins are a simple concept; they refer to any cryptocurrency apart from Bitcoin. Whether it’s Ethereum, Litecoin, Bitcoin Cash, Dogecoin, or BNB – these are all examples of altcoins. The exact number of altcoins in existence remains to be seen, as anyone can create one. That said, CoinMarketCap offers real-time prices on over 9,000 altcoins.

There are likely many others in the market, but this highlights that choosing the best altcoin to buy is no easy feat.  Most altcoins are built on top of the Ethereum network. These are known as ERC20 tokens. An increasing number of altcoins are operating on the Binance Smart Chain too. These altcoins are called BEP20 tokens.

If an altcoin operates on another network, it means it doesn’t have its own proprietary blockchain. That said, most altcoins in the top 100 by market capitalization operate on their own network. This includes Cardano, Solana, TRON, Polkadot, and Polygon.

That said, just because an altcoin operates on another network this doesn’t mean it’s not a viable investment. On the contrary, some of the best-performing cryptos in recent years fall within this category. For example, Shiba Inu, Chainlink, Aave, dYdX, and SushiSwap.

What are the Most Valuable Altcoins?

• The most valuable altcoins are determined by their market capitalization.
• Currently, the top five cryptocurrencies for market capitalization are Ethereum, Tether, BNB, XRP, and USD Coin.
• These five altcoins are collectively valued at over $375 billion right now.

What’s the Difference Between a Presale and an ICO?

• Presales and initial coin offerings (ICOs) are terms used interchangeably. They refer to the exact same process. Meaning, presales and ICOs allow new altcoin projects to raise funds from investors.
• Then there’s an initial exchange offering (IEO), which sees new altcoins raise funds directly on a centralized exchange. After the fundraising campaign finishes, it will then trade on the respective exchange.
• In addition, the best new altcoins can also raise funds through an initial DEX offering (IDO). These work similarly to IEOs, but through decentralized exchanges.

What Exchanges do Presale Altcoins List on?

• The vast majority of presale altcoins will list on decentralized exchanges, such as Binance new listings.
• This is because there is no requirement to apply for a listing. On the contrary, projects can list their own altcoin on a decentralized exchange via their unique smart contract address.
• However, a small number of presales will secure centralized exchange listings from the very get-go. This is usually because the project offers a unique product or service, or it’s created a lot of presale hype.
• Wall Street Memes has already secured multiple tier-one exchange listings. An announcement of the specific exchanges will be made soon.

How Many Altcoins Are There?

According to the UK’s financial watchdog, the FCA – there were over 20,000 altcoins in early 2023. The FCA explains that most of these altcoins are “no longer traded”. CoinMarketCap, on the other hand, currently lists over 9,000 altcoins. Many of the altcoins on CoinMarketCap have no trading volume. In other words, the projects are considered ‘dead’.

You’ll find many more altcoins listed on decentralized exchanges. DexTools lists data for more than 2 million. But again, most have little to no altcoin trading volumes. You’ll want to avoid altcoins that are no longer actively traded. While you might find it easy to enter the market, selling your tokens will prove challenging, if not impossible.

What is the Best Exchange to Buy Altcoins?

• There are more than 200 altcoin exchanges in the market. However, depending on the altcoin, they might only be listed on selected exchanges.
• For instance, established and large-cap altcoins – such as Litecoin and Ethereum, will trade on the majority of exchanges. In this regard, your best bet is eToro. It lists the most popular altcoins and you’ll only need to risk $10 on each trade. Moreover, eToro is regulated by tier-one licensing bodies, including FINRA.
• If you’re interested in a new or small-cap altcoin, you might only have a few options. This could be a decentralized exchange like Uniswap. You can visit the CoinMarketCap website to see what exchanges your preferred altcoin is listed on.
• If you’re investing in an altcoin presale like Wall Street Memes, you can buy the tokens directly from its website.