Top altcoins and cryptocurrencies with high potential 2023 năm 2024
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With the cryptocurrency markets still in an uncertain position, many crypto investors are wondering if it’s time to sell in order to avoid further losses or if the market is going to recover soon. Show
Even though the crypto markets have so far always recovered from their bearish periods, every bear market has its “casualties” that never make a strong recovery. Therefore, it’s important to choose quality crypto projects that have a good chance of surviving the bear market and thriving in the future. We’ve analyzed 200 of the top cryptocurrencies based on their liquidity and availability, technology, sector leadership, tokenomics and more key factors. You can read more about our criteria a bit further down in the article. By doing so, we’ve narrowed the list down to 12 cryptocurrencies that present the most compelling opportunities at the moment. The top three coins on our list are updated weekly to reflect the most up-to-date developments in the crypto and blockchain sector. Here's our roundup of the best cryptocurrency to invest in 2024:
Best Cryptos to Buy Right NowLet’s start off by highlighting three cryptocurrency projects that have seen important developments recently or have big events coming up in the near future. We update these highlighted coins on a weekly basis to reflect the latest developments in the world of crypto and blockchain. Before we dive into our list of the best cryptos to buy, we should note that choosing which crypto to buy is only the first step in your crypto investment journey. It's also important to choose the right platform to buy crypto, and you also have to decide how you will be storing your cryptocurrency. In our opinion, the best way to invest in crypto is to transfer your coins to a hardware wallet after you buy it on an exchange. A great starting point is to buy cryptocurrency on KuCoin and store it in a Ledger hardware wallet. 1. BNBBNB is a token that was launched by the Binance cryptocurrency exchange in 2017. BNB serves two primary functions. Holders of the token get access to special benefits when using Binance – this includes lower trading fees, access the exchange’s Launchpad and Launchpool programs, cashback on Binance Visa card purchases, and more. The token is also used as the native asset of the BNB Chain blockchain. BNB Chain is a variant of Ethereum that offers significantly lower transaction fees to users, and it allows developers to easily deploy EVM-compatible decentralized applications. Previously known as Binance Coin, BNB has now gone through an extensive rebranding. Why BNB?BNB has been a solid performer as of late, reaching a new all-time high price of $719 earlier in June. However, the token has since corrected back below $600 amidst a broader downturn in the cryptocurrency market. One of the factors that has been providing a boost for BNB is undoubtedly the fast pace with which the Binance cryptocurrency exchange is conducting its Launchpool and Megadrop campaigns, which reward users with tokens from up-and-coming blockchain projects and require users to hold BNB if they wish to participate. Some of the most notable projects that have launched on Binance recently through such campaigns include Ethena, Renzo Protocol and Saga. The BNB Chain project has also recently launched a new initiative called the BNB Incubation Alliance. The program, launched in partnership with Binance’s venture capital arm BNB Labs, is designed to support the growth of early-stage blockchain projects. Selected projects will be able to benefit from BNB Chain’s launch-as-a-service initiative, which includes access to up to $300,000 worth of services. Exciting News! 🎉 2. ZKsyncZKsync is an Ethereum layer 2 that uses ZK (zero-knowledge) rollups to give users access to faster and cheaper transactions (as low as $0.01) while still benefiting from the security of the Ethereum network. The ZKsync network takes multiple transactions and packages them into bundles which are then submitted to the Ethereum mainnet as validity proofs, which are a cryptographic way of proving the validity of the transactions contained in the bundle. ZKsync was created by Matter Labs and offers compatibility with the EVM (Ethereum Virtual Machine), allowing developers to easily port the decentralized applications they built for the Ethereum mainnet over to ZKsync. In addition, users can access ZKsync with existing Ethereum wallets such as MetaMask. One of the biggest advantages that ZK-rollup layer 2s such as ZKsync have over optimistic rollup layer 2s such as Optimism and Arbitrum is that withdrawing ETH from the layer 2 back to the mainnet is much shorter. Why ZKsync?The ZKsync has finally launched their ZK token, which primarily serves as a governance token. The token is designed to function with the ZK Nation governance system, which allows users to propose and vote on upgrades for the ZKsync ecosystem. Due to the popularity of the ZKsync project, it’s perhaps not too surprising to see that ZK has already been listed on a variety of leading cryptocurrency exchanges, including the likes of Binance, Bybit and KuCoin. — ZK Nation (@TheZKNation) June 11, 2024 Users who have built up a history of activity on the ZKsync platform will soon able to claim tokens in an airdrop, with 45% of the airdrop token allocation already being reserved. In total, around 696,000 wallets are eligible for the ZKsync airdop, with allocations ranging between 450 ZK and 100,000 ZK. There will likely be significant short-term volatility in the ZK markets, as some airdrop participants will likely rush to sell their “free” tokens. This could create some interesting opportunities for traders. According to Ethereum layer 2 data aggregator Layer2Beat, the ZKsync era platform currently has over $770 million in TVL (total value locked). 3. UniswapUniswap is a decentralized cryptocurrency exchange that introduced and popularized the AMM (automated market maker) model. This unique design removes the need for order books, providing an elegant way for swapping between different tokens directly on the blockchain without relying on intermediaries. The Uniswap protocol is decentralized, and anyone can create liquidity pools for any token. This means that the newest crypto assets are often traded on Uniswap before they make their way on centralized cryptocurrency exchanges. The model introduced by Uniswap has been adopted by many decentralized exchanges on different blockchain platforms. However, Uniswap remains the most active decentralized exchange in terms of trading volume. Uniswap is governed by holders of the UNI token, who can submit and vote for proposals. UNI was distributed to past users of the Uniswap protocol via an airdrop in 2020, and the token is now available for purchase on a variety of both decentralized and centralized trading platforms. Why Uniswap?Uniswap’s governance token UNI has been the best performer among the top 100 cryptocurrencies in the past week, recording a +12% price 12. This surge has helped UNI reach a new multi-week high during a period where the overwhelming majority of cryptocurrencies lost value. On-chain data reveals that UNI's price increase coincided with promising market trends. The open interest for UNI peaked at $168 million earlier in June, up from $85 million a month ago, indicating growing investor interest. While this does not guarantee that UNI will continue to rise in value, it suggests that investors are optimistic about its prospects. On June 14, Uniswap announced support for ZKsync, enabling trades on the highly efficient Ethereum layer 2 network. This integration promises lower fees and faster transaction times for Uniswap users, potentially contributing to the recent positive sentiment around UNI. — Uniswap Labs 🦄 (@Uniswap) June 14, 2024 4. BitcoinBitcoin is a decentralized peer-to-peer cryptocurrency that was initially described in 2008 and launched in early 2009. Bitcoin was invented by a person using the pseudonym Satoshi Nakamoto, whose real identity is still unknown. Bitcoin introduced the concept of a blockchain and provides a fully decentralized digital currency that’s extremely secure. It implements Proof-of-Work to make it very difficult to alter the history of transactions or double spend coins. The network is secured by miners, who are rewarded with BTC coins for adding blocks to the Bitcoin blockchain. BTC can be sent anywhere in the world on a 24/7 basis, and transactions cannot be blocked by any intermediaries. By holding their own private keys, users can self-custody their Bitcoin without requiring institutions such as banks. Even though countless cryptocurrencies and blockchain platforms have been released after Bitcoin, BTC is still easily the largest cryptocurrency by market capitalization. Why Bitcoin?Bitcoin is still within striking range of its all-time high, as the world’s largest cryptocurrency is trading about 5.7% below its historical peak at the time of writing this article. Last week, bulls attempted to set a new ATH, but the price rally lost steam at $71,350. Last week, Bitcoin ETFs saw $1.97 billion in net inflows, which is roughly equivalent to the net inflow figure for the entirety of May. Interestingly enough, the amount of Bitcoin bought by ETFs in the last week equates to about 2 months’ worth of Bitcoin mining rewards. U.S. Bitcoin ETFs bought 2 month's supply this week 👇 pic.twitter.com/eNwBmShWpX — HODL15Capital 🇺🇸 (@HODL15Capital) June 9, 2024 Per a report from crypto asset manager CoinShares, the growing bullish sentiment is likely the result of investors responding to weak macroeconomic data indicators in the US, which make future interest rate cuts more likely. The company’s analyst James Butterfill also noted that the total AUM of cryptocurrency investment products has surpassed $100 billion for the first time since March this year. Despite the bullish Bitcoin ETF activity in the last week, BTC saw considerable volatility on Friday, with the price abruptly falling from $71,000 to $69,000. Per data from Coinglass, the Bitcoin markets saw roughly $360 million in liquidations on June 7. 5. EthereumEthereum is a blockchain that supports smart contracts, enabling more complex use cases such as decentralized lending protocols and non-fungible tokens. The Ethereum project was founded by Vitalik Buterin, who published the Ethereum whitepaper in late 2013. The Ethereum blockchain launched in July 2015. One of the first use cases enabled by Ethereum that gained a lot of traction was the ability to issue custom tokens that could be transacted over the Ethereum blockchain. This feature was utilized by many projects to conduct fundraising through Initial Coin Offerings (ICOs) and other types of token sales. Today, Ethereum has an extremely vibrant ecosystem of decentralized applications – including decentralized financial services, NFT marketplaces, publishing platforms, decentralized cryptocurrency exchanges, and more – which makes it a good investment in 2023, in our opinion. ETH is the native asset of the Ethereum blockchain, providing an incentive for users to secure the network. The Ethereum network originally implemented a Proof-of-Work consensus mechanism but switched over to Proof-of-Stake in September of 2022. Why Ethereum?With Ethereum ETFs expected to start trading in the US market soon, ETH is certainly the most interesting crypto asset to keep an eye on in the short term. After reports came out that the SEC was moving to approve 19b-4 filings from exchanges that are looking to list Ethereum ETFs, ETH saw a substantial rally that took the ETH price to roughly $3,900. At the time of writing, ETH is displaying 21.5% gains against the US dollar in the last 30 days. However, Ethereum’s price rally couldn’t surpass the $3,900 level and has since stabilized in a tight range between $3,700 and $3,850. The market’s reaction to the actual launch of the Ethereum ETFs will likely be what determines the market’s direction following this period of consolidation. Some market analysts are anticipating lower demand for Ethereum ETFs than ETH bulls might be hoping for. For example, JPMorgan analysts say the initial reaction to spot Ethereum ETFs is likely to be negative. The analysts wrote: “We believe the demand for spot ethereum ETFs would be a fraction of that seen for spot Bitcoin.” Some of the main reasons for the pessimistic view of JPMorgan’s analysts include Bitcoin’s first mover advantage over Ethereum, as well as the fact that Ethereum ETF holders won’t benefit from staking rewards. In addition, the analysts pointed out that Ethereum doesn’t have an upcoming halving, which helped drive enthusiasm for Bitcoin ETFs when they debuted on the market. 6. SolanaSolana is a smart contracts platform with a unique architecture that allows it to process thousands of transactions per second while keeping costs extremely low. Solana achieves this by utilizing a unique Proof-of-History algorithm and a Proof-of-Stake consensus mechanism. SOL is among the cheapest cryptos to transfer on the market, as users pay less than $0.001 per transaction on average. Solana was founded in 2018 by Anatoly Yakovenko. The platform’s mainnet launched in March 2020, and saw a huge boost in adoption in 2021. While SOL has lost a lot of its value in the 2022 bear market, Solana still has one of the most impressive ecosystems in the cryptocurrency sector. Why Solana?Solana has had some bullish developments recently which highlight the ongoing growth of the Solana blockchain ecosystem. LayerZero, a leading blockchain interoperability protocol, has integrated Solana to its cross-chain bridging feature. Thanks to the integration, users are now able to transfer crypto assets and data between Solana and seven different blockchain networks: Ethereum, Arbitrum, Optimism, Polygon, Avalanche, BNB Chain and Base. — Solana (@solana) May 30, 2024 Another interesting development on Solana is that online payments giant PayPal is launching its PayPal USD stablecoin on the Solana network, roughly a year after the token initially made its debut on Ethereum. PayPal cited Solana’s fast transactions and low cost as making the network “ideal for commerce”. — PayPal (@PayPal) May 29, 2024 7. XRPXRP is a cryptocurrency that was launched in June of 2012. It was developed by David Schwartz, Jed McCaleb and Arthur Britto, who started a company called OpenCoin together with Chris Larsen. 80% of the XRP supply was gifted to the company by the developers of XRP. OpenCoin has since been renamed to Ripple, and the company has put the majority of its XRP holdings into escrow. XRP provides very fast and low-cost transfers, making it suitable for use-cases like remittances. It uses neither Proof-of-Work nor Proof-of-Stake, but instead implements the XRP Ledger Consensus Protocol. Every participant in the XRP network can choose a set of validators that they trust to behave honestly. Ripple has implemented the XRP cryptocurrency into its products, most notably On-Demand Liquidity (ODL). ODL works in partnership with cryptocurrency exchanges uses XRP to provide efficient cross-border money transfers. Why XRP?US fintech firm Ripple, which is the key player in the XRP Ledger ecosystem, has announced that they will be launching a new dollar-pegged stablecoin on the XRP Ledger and Ethereum platforms. The stablecoin will follow the traditional model of full backing using USD deposits, (short-term) US government treasuries and other cash equivalents. To increase transparency, Ripple aims to publish monthly attestations conducted by a third-party accounting firm to demonstrate that the stablecoin is fully backed. David Schwartz, Ripple’s CTO and one of the original architects of the XRP Ledger, said that a USD-backed stablecoin on the XRP Ledger platform will be a “gamechanger” for both users and developers. A high-quality USD stablecoin on the XRPL – with its decentralized exchange and features like issued currencies, auto-bridging (that uses XRP as the native currency to facilitate trades between other assets), and the AMM — will be a gamechanger for users and devs. https://t.co/uGC72bosfM — David "JoelKatz" Schwartz (@JoelKatz) April 4, 2024 XRP investors can look forward to the stablecoin potentially boosting liquidity on the XRP Ledger’s built-in decentralized exchange functionality and introduce new cases for the XRP Ledger platform, which could certainly also benefit XRP as an asset. 8. Mina ProtocolMina Protocol is a project that’s building an extremely lightweight blockchain. With the help of zero-knowledge technology, the size of the Mina blockchain is kept at just 22 kilobytes at all times. The Mina Protocol’s version of decentralized applications is called zkApps. The smart contracts these applications are built with support zero-knowledge proofs, which can allow users to prove ownership of their data without disclosing the data itself to the party they’re interacting with. zkApps can also source data from any website privately, providing easy access to real-world data instead of relying on complicated oracle systems. Why Mina Protocol?Zero-knowledge technology is likely to become a very important trend in the crypto and blockchain space moving forward, and Mina Protocol could be positioned very well to take advantage of this. In addition, the lightweight design of the Mina Blockchain makes it easier to participate in the network, which is especially relevant for mobile devices. If we’re going to see widespread adoption of blockchain technology, it’s most likely that a large number of people will be using blockchain through mobile devices. This could make Mina a candidate to become one of the next cryptocurrencies to explode. 9. CosmosCosmos is a network that’s designed to allow different blockchain platforms to interoperate with each other. The Cosmos network is coordinated by the Cosmos Hub, a Proof-of-Stake blockchain. The Cosmos Hub is also designed to facilitate connections with blockchains outside of the Cosmos ecosystem, for example Bitcoin and Ethereum. The different blockchains that make up Cosmos communicate through a protocol called IBC (Inter-Blockchain Communication). The Cosmos Hub and other blockchains in the Cosmos network are built using the Cosmos SDK framework. Blockchains launched on Cosmos benefit from a robust Proof-of-Stake consensus mechanism, fast transaction times (about 7 seconds) and low transaction costs (about $0.01 per transaction). The native asset of Cosmos is called ATOM. Users can stake their ATOM tokens to contribute to the network’s security as well as earn staking rewards and a portion of the transaction fees collected by the network. Why Cosmos?The Cosmos community has approved a proposal to cap the inflation rate of the ATOM token at 10%. The current inflation rate is at about 14%, while the cap is set at 20%. Once enacted, the proposal will reduce the amount of new ATOM tokens entering circulation. However, it will also reduce the APR of staking ATOM tokens from about 19% to roughly 13.4%. According to the proposal, research indicated that the Cosmos Hub blockchain is currently overpaying for its security. The proposal also argues that reducing the inflation of ATOM could have a positive influence on decentralized finance protocols and money markets in the Cosmos ecosystem. The vote was quite contentious, as the "Yes" option received 41.1% of the vote. The "No" option received 31.9% of the vote, the "Veto" option received 6.6%, while the remaining 20.4% of the votes were for the "Abstain" option. Interestingly enough, this proposal saw the highest voter turnout in the history of the Cosmos ecosystem. 10. Shiba InuShiba Inu is a meme cryptocurrency that was launched in 2020 by a person using the pseudonym “Ryoshi”. The project is heavily inspired by the Dogecoin cryptocurrency, and also features the Shiba Inu dog breed in its branding. In contrast to Dogecoin, which has its own blockchain, Shiba Inu is issued on the Ethereum blockchain as an ERC-20 token. During the SHIB token launch, half of the supply was sent to Ethereum founder Vitalik Buterin (who is not involved with the project in any way). The project framed this as a token burn. Buterin did eventually burn the vast majority of his SHIB holdings and sold the rest of his tokens to fund charitable donations. SHIB saw a significant spike in popularity in 2021 and became the second largest meme coin by market cap, second only to Dogecoin. In addition, SHIB is one of the most popular penny cryptos at the moment. Why Shiba Inu?The Shiba Inu project has raised $12 million in funding by selling TREAT tokens. This funding was provided by a group of international venture capital firms, including Mechanism Capital, Big Brain Holdings, and others. TREAT, which is designed to be the final token introduced in the Shiba Inu ecosystem, and it will be used as the utility and governance token of a new blockchain which is designed to improve the privacy of blockchain transactions. The Shiba Inu ecosystem’s new blockchain will take advantage of Fully Homomorphic Encryption (FHE) technology provided by Zama. The blockchain will function as a layer 3, built on top of the Shibarium platform. Shytoshi Kusama, the lead developer of the Shiba Inu project, had the following to say about the funding round: “We are excited to gain the support of such powerful VCs, angel investors, and brands as we plow towards the completion of this grand decentralized experiment. Through the involvement of these venture capital firms and their strategic partners, we are expanding not only our network of trusted partners but also exponentially increasing what Shiba Inu can truly be capable of for our community, The ShibArmy.” 11. ToncoinToncoin is a blockchain project that’s continuing the development of a blockchain platform that was initially designed by the team behind the Telegram messenger. While Telegram was forced to abandon the project due to legal trouble with securities regulators in the United States, community members saw potential in Telegram’s blockchain vision and resumed development under the name Toncoin. The development of Toncoin is led by an organization called the TON Foundation, which has no formal association with Telegram. However, the Telegram team is integrating various solutions powered by the Toncoin blockchain into their messenger. For example, the Telegram app now allows users to access the TON Space wallet. From a technical perspective, Toncoin is a scalable blockchain with smart contracts functionality and a Proof-of-Stake consensus mechanism. However, the initial distribution of TON was performed through a Proof-of-Work model to ensure a fair launch. Why Toncoin?Toncoin has been the talk of the town in the cryptocurrency community thanks to the recent launch of Notcoin (NOT) and its listings on Binance and other top cryptocurrency exchanges. However, NOT has been seeing consistent selling pressure since its listing, and the token is still in the process of finding a price floor and establishing a more stable price range. In more encouraging news for the Toncoin ecosystem, the TON Foundation has entered a collaboration with mobile payment app Oobit. As a result, Toncoin has been integrated with the Oobit platform, making TON payments an option at tens of millions of retailers around the world. With the integration, the $200 million in USDT recently issued on the TON Blockchain will also gain additional utility. In addition to the ability to send direct message payments on Telegram, USDT tokens on the TON Blockchain will now also be available for use with instant crypto tap payments through Oobit at merchants globally. This allows users to send USDT as a direct message on Telegram and spend the same USDT for instant crypto Tap payments on Oobit. A section from the announcement on Tether’s website reads: “This allows users to send USDT as a direct message on Telegram and spend the same USDT for instant crypto Tap payments on Oobit. 12. ArbitrumArbitrum is one of the leading layer 2 scaling solutions for Ethereum. It utilizes optimistic rollups technology to provide much faster and cheaper transactions while still leveraging the security of the Ethereum mainnet. There are two main platforms in the Arbitrum ecosystem - Arbitrum One and Arbitrum Nova. Arbitrum One uses the fully trustless Rollup protocol, while Arbitrum Nova uses the mostly trustless AnyTrust protocol. The main distinction between the Rollup and AnyTrust protocols is the data availability committee (DAC) which is required for the AnyTrust model to function. Arbitrum has a governance token called ARB, which is an ERC-20 token that enables holders to participate in the Arbitrum DAO and vote on key decisions related to the Arbitrum One and Arbitrum Nova blockchains. Why Arbitrum?The governance platform of Arbitrum has approved a proposal to allocate 225 million ARB, worth approximately $215 million, over three years to support gaming projects on the network. The proposal received over 75% of ARB token votes in favor. The GCP has been approved by Arbitrum DAO 🔓 The proposal aims to allocate the ARB tokens to the Gaming Catalyst Program, or CGP for short. The program aims to boost the awareness and adoption of the Arbitrum ecosystem by both players and developers in the gaming community. A large portion of the fund is reserved for publishers. New and early-stage developers can apply for grants up to 500,000 ARB, while already established developers will have to apply fro investments that include offering tokens or equity to investors. The rest of the funds will be used for infrastructure and operational expenses. Native asset Launched in Description Market cap* BNB BNB 2017 BNB Chain's native asset and token used in Binance ecosystem $88.4 billion ZKsync ZK 2020 ZK-powered layer 2 for Ethereum n/a Uniswap UNI 2020 The biggest decentralized exchange protocol $6.5 billion Bitcoin BTC 2009 Decentralized peer-to-peer cryptocurrency $1.3 trillion Ethereum ETH 2015 The leading blockchain for smart contracts $423 billion Solana SOL 2020 High-performance blockchain for smart contracts $64 billion XRP MATIC 2012 Highly efficient digital currency $27.9 billion Uniswap UNI 2020 The biggest decentralized exchange protocol $6.5 billion Mina Protocol MINA 2021 Extremely lightweight blockchain with ZK technology $671 million Cosmos ATOM 2019 A network of interconnected blockchains $2.7 billion Shiba Inu SHIB 2020 The second-largest meme coin on the market $11.6 billion Toncoin TON 2021 A blockchain closely integrated with the Telegram messenger $27.1 billion Arbitrum ARB 2021 The top layer 2 solution for Ethereum $2.3 billion *Data as of June 17, 2024, at 13:35UTC. Best crypto to buy for beginnersIf you're a new entrant in the cryptocurrency space, it's probably best to stick to cryptocurrencies that have been around for a longer period of time and have a well-developed ecosystem of resources for users. This will make it easier for you to set up your wallet and find answers if you encounter any problems along the way. If you're a beginner, consider sticking to cryptocurrencies that satisfy the following criteria:
If you stick to coins that meet these criteria, you'll automatically be filtering out a lot of low-quality projects and reducing your chances of falling victim to scams. You will also easily be able to sell your coins and convert them to fiat currency if you ever decide to do so. Here's a few examples of cryptocurrencies that are worth considering for beginner investors in crypto. These coins have a lot of liquidity, well-developed ecosystems and a lot of educational resources and tools that will help beginners get up to speed.
Please note that cryptocurrencies are risky investments and typically display a lot of price volatility. This is true even for established cryptocurrencies with multi-billion dollar market capitalizations. Never invest more than you are willing to lose. Best crypto to buy for long-term investorsMany crypto investors prefer to passively hold their cryptocurrencies over the long term instead of actively trading them. Frankly, this is a good decision if you don't want to put a lot of time and effort into following everything that's happening in the crypto and blockchain space. If you're trying to invest in crypto for the long term, we recommend that you only stick to the most established cryptocurrencies such as Bitcoin and Ethereum. While they are still risky, their fundamentals are much more robust than projects that heavily depend on just a few developers and community leaders. In order to invest in crypto successfully over the long term, we recommend that you store your coins safely using a hardware crypto wallet. Although there's plenty of high-quality hardware wallets out there, Ledger's devices stand out as the best choice overall in our opinion. Get a Ledger Hardware Wallet How we chose the best cryptocurrencies to buyWith thousands of different cryptocurrencies on the market, it can be challenging to narrow down the list to only about a dozen coins. When creating this list, we aimed to showcase a variety of cryptocurrency projects, ranging from well-established projects to more speculative projects that could potentially have a lot of upside. Here's the factors we considered when deciding which cryptocurrencies to feature. AvailabilityIt's important for a cryptocurrency to be easily available across a variety of cryptocurrency exchanges, including both centralized and decentralized options. We also considered whether the cryptocurrency can be traded directly against fiat currencies, which makes the process of buying and selling much more straightforward. Market capitalizationThe coins featured on our list of the best cryptocurrencies to buy in 2023 are all among the 100 largest crypto assets by market capitalization. By itself, a large market capitalization doesn't mean that the project is of high quality. However, it is a good indication that there's a lot of community interest in the project, and coins with a larger market cap are more resilient to market manipulation attempts as moving the market requires large amounts of capital. Sector leadershipThe cryptocurrency market can be divided into several sectors. For example, we have Proof-of-Work cryptocurrencies and Proof-of-Stake cryptocurrencies, which represent two of the main approaches towards achieving decentralized consensus. We can further identify other sectors such as decentralized finance, non-fungible tokens, layer 2 projects, meme coins and others. We attempted to highlight projects that are leaders in their respective sectors in order to showcase the variety that can be found in the crypto and blockchain space. Working productsIt's important that the cryptocurrency we're featuring has a working product already and isn't simply based on future promises. When it comes to cryptocurrencies, we generally avoid highlighting coins that don't have a working mainnet yet. When it comes to tokens, we try to focus on tokens that are used as utility tokens in a working product or as governance tokens in an actively used decentralized protocol. Occasionally, we will highlight coins that are about to launch their mainnet or key product soon. However, we try to limit this only to top tier projects that are highly anticipated by the crypto community. Team and developmentMost high-quality crypto and blockchain projects are transparent about their team and their credentials. We prefer to highlight projects developed and managed by highly qualified individuals. In addition, we put a lot of value on activity. If a project is being developed actively, we're much more likely to feature it over a project that is only improved occasionally. Of course, a project's team or founders being anonymous is not a dealbreaker in every single case. After all, we still don't know who created Bitcoin. The bottom line: What crypto to buy now?What is the best crypto to buy now is mostly dependent on your own individual risk profile and investment goals. If you are interested in cryptocurrencies that have long-term potential, then staples like BTC and ETH are probably the right choice for you. If your risk appetite is greater, you can try to pursue investments in cryptos under 1 cent or participate in the latest crypto presales if you are feeling especially frisky. In any case, please keep in mind that the cryptocurrency market is highly volatile and that investing in cryptocurrency is subject to considerable risk. Always do your research and consider your financial situation before making any investment, and never invest more than you are willing to lose. Which crypto will boom in 2023?Bitcoin (BTC) The world's first cryptocurrency, Bitcoin, has the largest market capitalization. Its established network, limited supply, and growing institutional adoption make it a relatively safe haven in the volatile crypto market. Bitcoin grew by 155% from the start till the end of 2023.12 thg 6, 2024null10 Best cryptocurrencies to invest in June 2024 - The Economic Timesm.economictimes.com › Markets › Cryptocurrency › Crypto Newsnull Which altcoin has the most potential 2023?Avalanche (266%), Cardano (147%), Polkadot (96%), Tron (95%), XRP (82%), BNB (31%), Dogecoin (30%), and Shiba Inu (30%) were other top tokens. Meanwhile, as far as the top 100 cryptocurrencies are concerned, BONK remained the top crypto gainer in 2023 with an increase of over 9600%.nullBest and worst performing cryptocurrencies in 2023. Do you ...m.economictimes.com › cryptocurrency › crypto-news › articleshownull Which crypto has 1000x potential?The next coin with the potential to soar by 1000x is Base Dawgz ($DAWGZ). This exciting meme token offers multi-chain compatibility, staking rewards, and conducts a unique share-to-earn airdrop campaign. Currently, $DAWGZ is priced at $0.00502 per token during its presale round.nullThe Next 1000x Crypto Projects in 2024 - 99Bitcoins99bitcoins.com › cryptocurrencynull What Altcoins will boom in 2024?Discover the top altcoins for potential growth in 2024, including 5thScape, DarkLume, Polygon, Ethereum, and Avalanche. Learn about their unique features and investment opportunities to enhance your portfolio. A mix of innovation, potential growth, and resilience waits in the realm of the best altcoin in 2024.nullHere are the Altcoins to buy for 10X gains in 2024 - The Economic Timesm.economictimes.com › wealth › invest › articleshownull |
