Best Crypto to Buy in 2024 [Updated List]
Over the last few years, we have seen that people from various professions are getting attracted to the cryptocurrency market. From entrepreneurs, startup owners, technologists, and mining enthusiastics, people want to talk about the cryptocurrencies to generate passive ways of earning.
If you are reading this guide in 2024, you must want to know about the most profitable cryptocurrencies. In this comprehensive guide, you will solve your problems as we discuss the top 10 best cryptos to buy this year. So let's get started on your journey here!
Best Crypto to Buy in 2024
Bitcoin (BTC)
Market cap: $1.4 trillion
As you may know, Bitcoin is the oldest digital currency on the market. Today, we see various other cryptocurrencies attract the attention of users. But despite all that, Bitcoin remains as popular as it was.
According to the latest statistics on Bitcoin, its prices reached roughly 69,362.55 USD as of April 7, 2024. Bitcoin surpassed its previous all-time high in 2024. That fact indicates the trend of Bitcoin in the realm of the cryptocurrency market. It's one of my favorite coins to buy.
Once you buy Bitcoin, you have many ways to invest your coin in different fields. Cryptocurrency mining is one of the most feasible ways where you can earn rewards, win coins, and get other benefits. You can start your mining journey by selecting the best cryptos to mine in 2024.
This is a list of crypto wallets that you can use for saving your Bitcoin:
- Exodus
- Electrum
- Ledger Nano X
- Mycelium and more
Ethereum (ETH)
Market cap: $434.8 billion
Just next to Bitcoin, Ethereum has gained much popularity in the market. Recently, it came up with some fantastic technological upgrades. Ethereum is aimed to improve its transaction efficiency and reduce gas fees by approximately 50%.
According to the latest statistics, the total value locked in DeFi protocols on Ethereum has surpassed $500 billion in 2024. Moreover, in the NFT marketplace, Ehereum sales exceeded $100 billion in the first quarter of 2024 alone. These facts show the continuous growth of this currency and the preference for NFT transactions with it.
As of 2024, Ethereum's price has remained high at about USD 5,000 per ETH. It identifies the potential growth possibility of starting your investing with Ethereum. And using it in trading, mining with the best ASIC Miners, staking, etc.
This is a list of crypto wallets that you can use for saving your Ethereum:
- MetaMask
- Trezor
- Rainbow Wallet
- KeepKey and many more
Binance Coin (BNB)
Market cap: $ 92.34B USD
BNB, or Binance Coin, is a cryptocurrency native to the Binance Exchange. BNB is known as the most versatile digital asset within the Binance ecosystem. As of writing this, it is standing at approximately $92 billion, which brings it to 4th in the crypto market.
With its expanding ecosystems and utilities like Binance Smart Chain, Launchpad program, and Trust Wallets, Binance provides many opportunities for users to enhance the overall value of their digital assets. This coin provides robust support for mining operations. You can start mining with it by selecting the best crypto coins to mine.
This is a list of crypto wallets that you can use for saving your BNB:
- Trust Wallet
- Ledger Nano S
- MetaMask and more
Solana (SOL)
Market cap: $78.1 billion
Solana (SOL) is a blockchain platform that provides high-performance functionality for decentralized applications and cryptographic projects. Many advantages to Solana make it a better option to buy this year. Its Proof of History Technology allows users to gain high transaction speeds of up to 65,000 per second.
Solana is an attractive option for crypto mining enthusiasts who want to generate digital currency using ASIC miners. Its fast transaction capability and lower transaction costs provide users with a cost-effective advantage in the mining journey.
This is a list of crypto wallets that you can use for saving your Solana:
- Sollet
- Phantom
- MathWallet and more
Ripple (XRP)
Market cap: $33.7 billion
You can also buy Ripple in order to solve your various digital problems. It is a unique cryptocurrency that is known for its fast and low-cost transactions. It helps users transfer money more seamlessly than other options. It provides cross-border payment solutions that allow users to share transactions across countries through international fund transfers.
Ripple is one of the most popular coins in the world. Its continuous growth allows users to gain more profit out of it, and they can use it in trading, mining, and other operations for better growth. You can choose a suitable ASIC miner for you and start your mining journey using this currency.
This is a list of crypto wallets that you can use for saving your Ripple:
- Ledger Nano S
- Toast Wallet
- Atomic Wallet and more
Cardano (ADA)
Market cap: $20.84 billion
Cardano is a secure cryptocurrency platform known for its robust performance and high level of security. It is a scalable and more functional cryptocurrency that makes online operations feasible for users. This coin has continuous growth potential because of its proof-of-stake validation. It is very similar to Entherum in terms of competition, and its research-driven approach makes it a better option to buy for better growth and development.
Despite many fluctuations, the cardano remains a popular and profitable coin to buy. Its continuously developing ecosystem is attracting many users, and many top industry investors and leaders collaborate with it. That effortlessly makes it more scalable and gives security for future growth.
This is a list of crypto wallets that you can use for saving your Cardano:
- Daedalus Wallet
- Yoroi Wallet
- Atomic Wallet and more.
Avalanche (AVAX)
Market cap: $17.6 billion billion
Avalanche is a decentralized platform and cryptocurrency that is developed to provide scalable and secure blockchain solutions. It allows users to create secure financial infrastructure and decentralized applications. It gives you a customizable option with a low latency rate that creates a robust ecosystem.
Avalanche provides faster transfer speeds for many decentralized applications. It can enable thousands of transactions per second that fulfills demand for different operations. Its consensus mechanism and Avalanche Consensus Protocol give a high level of security and allow users to customize network configurations.
This is a list of crypto wallets that you can use for saving your Avalanche:
- Avalanche Wallet
- Ledger Nano S
- Trust Wallet and more
Chainlink (LINK)
Market cap: $10.437B
Chainlink is a well-known digital currency that works with a decentralized Oracle network. It enables users to connect with smart contracts. Chainlink is known for its unique level of security and reliability in data feeds for blockchain applications. This currency's primary advantage is that it facilitates decentralized Oracle networks. This system allows users to work efficiently with decentralized applications.
Chainlink can work with most of the popular blockchain projects that allow secure access to data. As the demand for smart contracts continues to rise, it has become a promising coin due to its Oracle network. This cryptocurrency allows you to participate in mining.
This is a list of crypto wallets that you can use for saving your Chainlink :
- Ledger Nano S
- MetaMask
- Trust Wallet and more.
Polkadot (DOT)
Market cap: $12.12 B
Polkadot is a decentralized platform for different blockchains. It allows users to share information with features like native tokens and DOT to stake and bond within the network’s ecosystem. You can buy this coin if you want to improve interoperability in your ecosystem. It comes with a multi-chain framework that helps users work seamlessly with different blockchains. Aside from that, DOT users can also become part of the Polkadot network's governance. They can upgrade, develop, and increase their decision-making process.
This is a list of crypto wallets that you can use for saving your Polkadot:
- Polkadot.js Wallet
- Ledger Nano S/X
- Trust Wallet and more
Polygon (MATIC)
Market cap: $8 billion
Polygon (formerly Matic Network) empowers users to build and connect Ethereum-compatible blockchain networks. This currency is made to provide better functionality and address some of Ethereum’s scalability issues. That allows users to do faster and cheaper transactions.
The key reason to buy Polygon this year is its ability to significantly improve the scalability of Ethereum-based applications. That offers faster and cheaper transactions compared to the Ethereum mainnet.
This is a list of crypto wallets that you can use for saving your Polygon:
- Ethereum (ETH)
- US Dollar (USD)
- Wrapped Bitcoin (WBTC) and more
Conclusion
The cryptocurrency market is the most profitable place for investors. It opens a multitude of opportunities to grow the size of your cryptocurrency and gain various ways to earn passive incomes. You can use your currency for mining, trading, decentralized finance, and much more. However, earning more profitability from mining has become a favorite method for most users. You can choose the best crypto coins to mine that allows you to get access to a mining pool and generate more earnings.
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