Top 19+ Best Crypto to Buy Now in August 2024

Many crypto analysts think that the next crypto bull run is already underway, leaving people searching for the best crypto to buy now. While many token prices are still below the highs set during the last bull market, crypto investors who buy now could see huge upside through the remainder of 2024 and beyond.

In this guide, we’ll take a closer look at the 19+ best crypto coins to buy now for August 2024. Read on to discover which cryptocurrencies have the best chance of delivering huge returns as the bull market heats up. 

Best Crypto Coins to Buy Right Now

Top 19+ Crypto Coins of 2024

These crypto projects combine emerging technologies and established market leaders, each presenting unique opportunities for growth and returns:

1. 1. Pepe Unchained: Best crypto to buy, a hot new meme coin with its own Layer 2 blockchain
   2. Crypto All-Stars: Stake multiple meme coins on a ‘MemeVault’ with this innovative crypto platform
   3. Base Dawgz: Network-hopping meme coin on Base with share-to-earn  presale
   4. PlayDoge: A 2-D mobile game inspired by the Tamagotchi game and Doge meme
   5. The Meme Games: Popular crypto to buy now with staking rewards and gamified presale bonus
   6. ShibaShootout: Wild west-inspired meme coin, get up to 1,400% staking APY
   7. Mega Dice Token: Native casino token offering cashback and staking rewards, raised $1.6M
   8. Doge2014: New meme coin recreating early Dogecoin prices and community spirit
   9. SpacePay: Decentralized payment protocol facilitates crypto transactions- Get token airdrops
   10. Race to a Billion: F1 predictions platform rewards users for predicting race outcomes.
   11. BlastUp: L2 Ethereum launchpad and new crypto coin in 2024. Get NFTs and high-staking rewards
   12. ButtChain: World’s first auto liquidity meme coin on Polygon. Over 1M $BUTT sold already
   13. BNB: Deflationary token backed by the world’s largest crypto exchange
   14. Solana: Ethereum competitor up 300% in the last 5 months as more developers join
   15. Ripple: Global payments coin attracting banks after its win against the SEC
   16. Bitcoin: World’s largest crypto leading the market as the halving event approaches
   17. Arbitrum: Ethereum Layer-2 that offers cheaper and faster transactions, ideal for dApps
   18. Uniswap: World’s largest DEX, poised for gains as bull market boosts trading volume
   19. Dogecoin: Top meme coin likely to gain as traders return to a hot crypto market

A Closer Look at the Best Cryptocurrency to Invest in 2024

Want to know more about these top cryptocurrencies to invest in? Read on for more information about each of the tokens we highlighted above. 

1. Pepe Unchained (PEPU): Meme Coin With Generous Staking APY 

Pepe Unchained ($PEPU) is the best crypto to buy now because aside from being a meme coin carrying the Pepe theme, it now has its own Layer 2 blockchain. This gives the user a higher speed and lower transaction fees than Ethereum, making it a true meme coin hub.

The $PEPU token is designed to power the ecosystem and is now available in a token presale. If you’re participating in the presale, consider staking your tokens. That way you earn a generous staking APY of over 500% during the early presale stages. Keep in mind, this is a dynamic APY and it will drop as more tokens are staked.

Aside from generous staking rewards during the presale, the low $PEPU price is another benefit of buying the token during the presale. You only need a crypto wallet like MetaMask, ETH, BNB, USDT, or a card to complete the purchase.

Out of the total token supply, 20% is allocated for the presale and 30% for staking rewards. This means that half of the token supply will go into the hands of early investors and community members in one way or another.

Learn more about this project by reading the Pepe Unchained whitepaper. Also, follow Pepe Unchained on X and join the Pepe Unchained Telegram channel to get the latest updates. 

• Amount Raised: $3.7 million
• Use Case: Layer 2 blockchain on Ethereum 
• Chain: Ethereum

Visit Pepe Unchained

2. Crypto All-Stars (STARS): Crypto Project Offers High Staking Rewards on the Most Popular Meme Tokens

Crypto All-Stars ($STARS) is conducting the ‘Meme coin event of the century’ with its innovative staking mechanism – known as the MemeVault. 

The MemeVault is an upcoming staking mechanism that allows users to stake some of the most popular meme coins under a single ecosystem. The eligible tokens to stake include Pepe, Dogecoin, Shiba Inu, Floki Inu, and plenty more. 

For staking these different tokens on the platform, Crypto All-Stars rewards users with $STARS tokens. To increase your returns on the MemeVault, hold $STARS. Those holding $STARS tokens get a 3x APY on their staked tokens. Thus, the reward-earning potential of Crypto All-Stars is very high.

This popular project is already soaring on presale – raising more than $336K in a couple of days. Furthermore, the live staking APY is as high as 5,466%. Interested investors can buy $STARS for just $0.00138 per token through the ongoing presale round. 

Stay tuned for more project updates by going through the Crypto All-Stars whitepaper and joining the Telegram channel. 

• Amount Raised: $336K
• Use Case: Multi-token staking
• Chain: Ethereum

Visit Crypto All-Stars

3. Base Dawgz (DAWGZ): Share-to-earn Meme Coin on Base, Ethereum, Avalanche, and More

Base Dawgz is a chain-jumping meme coin launching simultaneously on Base, Ethereum, Avalanche, Solana, and BNB Smart Chain. The token was created on Base, Coinbase’s Layer-2 for Ethereum, which is noteworthy since this is quickly becoming a hub for meme coin trading. The most recent Base meme coin launch, $BRETT, soared over 100x – and $DAWGZ could do the same.

The Base Dawgz presale is off to a fiery start, raising more than $2.2 million in its first month. The project is building hype rapidly thanks to its share-to-earn program, which rewards $DAWGZ token holders for resharing Base Dawgz content. All users need to do is connect their X account to the Base Dawgz presale, and then start resharing content from the Base Dawgz X account.

Base Dawgz offers utility by enabling $DAWGZ token holders to move value seamlessly between blockchains. It also plans to introduce staking rewards in the near future. Crypto analyst Jacob ‘Crypto’ Bury has already called Base Dawgz the next potential Base token to 100x.

It’s one of the most exciting new meme coins on Base, and the early excitement around the presale is a likely sign this token could be headed for greatness.

• Amount Raised: $2.2 million +
• Use Case: Multi-chain meme token
• Chain: Base

Visit Base Dawgz Presale

4. PlayDoge (PLAY): P2E Crypto Offering High Staking Rewards

PlayDoge is one of the newest cryptocurrencies and is being heralded as one of the best cryptos to buy in 2024. This new BNB-based token brings together the Doge meme and a Tamagotchi-themes play-to-earn (P2E) mobile game, allowing users to earn $PLAY tokens while caring for a virtual pet.

So far in its presale, PlayDoge has raised over $5.5 million USDT and comes following strong gains from other dog-themed meme coins, with Floki up 50% in the last 30 days, and DOGE rising 15% in the same period.

This bodes for a potential bullish summer for PLAY as the next big cryptocurrency, which has a total supply of  9.4 billion tokens. In terms of allocation, 50% is for the presale, while another 12% will be distributed as staking rewards. Staking is available on ETH and the BNB chains.

Currently, investors can stake $PLAY and receive an APY of 120% on the ETH chain, and 75% on the BNB chain.

It is expected that the video game market will reach $665 billion by 2033, as such this unique combination of gaming and meme culture positions PlayDoge as a top new cryptocurrency to consider for 2024, due to its future potential. Keep updated with the project on X (Twitter) and via its Telegram channel.

• Amount Raised: $5.3M +
• Use Case: P2E game, staking benefits
• Chain: Binance Smart Chain

Visit PlayDoge

5. Meme Games (MGMES): Meme Coin With Gamified Presale Bonus 

The Meme Games ($MGMES) is a popular meme coin project and one of the best cryptos to buy now in 2024. Thanks to its gamified presale bonus, Meme Games managed to raise over $100,000 within hours after the presale launched.

What makes Meme Games special is that every time you buy $MGMES tokens in the presale, you select one of the five popular meme characters to participate in a 169m dash. If your meme athlete wins, you get 25% bonus tokens on top of your purchase. All of the characters have equal chances of winning, making each race randomized and fair. There’s no limit on how many times you can buy the $MGMES token and race for the 25% bonus.

Another rewarding feature of Meme Games is the staking APY. During the early presale stages, stakers enjoy over 4,000% dynamic APY. Given that the APY will drop in time, it may be prudent to lock in as early as possible to take advantage of the rewards.

The presale will last throughout the summer and end on September 10, two days after the Paralympics end. Users who haven’t staked their tokens can claim right away. Those who stake will have a seven-day vesting period until their tokens unlock.

Read the Meme Games whitepaper to learn the details of this project. Also, follow Meme Games on X and join the Meme Games Telegram group to stay up to date.

• Amount Raised: $119,000
• Use Case: Meme coin with gamified presale bonus 
• Chain: Ethereum

Visit Meme Games

6. ShibaShootout (SHIBASHOOT): Wild West Inspired Community-Driven Crypto Token 

Step into the digital world of ShibaShootout – an exhilarating cryptocurrency project that gives you the Wild West experience. Inspired by the infamous ‘Shiba’ meme, ShibaShootout offers the charm of doge tokens with splendid earning opportunities. 

A token created for the people, ShibaShootout is all about rewarding the users. For instance, you can be a part of the ‘Posse Rewards’ referral program and earn $SHIBASHOOT tokens for every successful referral. 

You could also stake your $SHIBASHOOT tokens on ‘Cactus Staking’, a feature that currently offers more than 2,200% in annual yield. ShibaShootout also hosts token governance roundups, where token holders can vote on new project proposals and essentially dictate the future of this platform. 

Currently, $SHIBASHOOT is priced at an affordable $0.0195 per token on its presale. In a couple of months, the presale has raised half a million dollars. Stay tuned for more project updates by reading the ShibaShootout whitepaper and joining the Telegram channel. 

• Amount Raised: $497K +
• Use Case: Staking, governance opportunities, lotteries
• Chain: Binance Smart Chain

Visit Shiba Shootout

7. Mega Dice Token (DICE): Native Casino Token Offering Cashback and Staking Rewards

Mega Dice Token ($DICE) is next on our list of which cryptos to buy. Mega Dice is a casino and sports betting platform that is becoming popular because of its native token called $DICE. It has 4500+ casino games and lets you bet from over 50 sports betting markets.

The casino recently launched a presale for its native $DICE token, which is central to the platform. Each $DICE token costs $0.0866 at press time. However, this rate will increase in the upcoming presale stages and at the time of exchange listings.

Mega Dice Casino has 10,000+ active users and an average monthly betting volume of over $50 million. The $DICE presale raised over $1.5 million in just a few months of launch, showing strong investor interest.

$DICE holders can get special rewards like exclusive access to events and games before others. You can also stake your tokens for different time intervals and earn big rewards from a pool of 42 million tokens set aside for staking.

You can buy $DICE using other cryptos like SOL, ETH, or BNB. You can also get a 10% commission (no upper limit) on the amount invested by someone you referred. Moreover, there’s also a $2.25 million airdrop (split into 3 seasons) for active bettors on the platform that offers $750K in rewards in each of the 3 seasons.

You can follow Mega Dice’s X handle and enter its Telegram group for the latest news.

• Amount Raised: $1.5 million +
• Use Case: Rewarding active users on the Mega Dice platform
• Chain: Solana

Visit Mega Dice Token Presale

8. Doge2014 (DOGE2014): New Meme Coin Recreating Early Dogecoin Prices and Community Spirit

Doge2014 ($DOGE2014) is a trending new meme coin celebrating Dogecoin’s 10th anniversary. It’s currently being sold at $0.00027 per token— the same price that Dogecoin had when it launched in 2014. This gives people who missed out on Dogecoin another chance at a similar opportunity. The presale is offering 60 billion tokens, which is 60% of all 100 billion tokens.

This meme coin not only celebrates Dogecoin’s history but also gives you a chance to potentially earn high returns. They’ve set aside 25 billion tokens for staking rewards. If you stake your Doge2014 tokens, you can earn an APY of up to 16,000% at the time of writing.

Doge2014 wants to create the same fun ‘community spirit’ that made Dogecoin popular. They’re using its connection to Dogecoin’s history to build excitement. They’re also planning to use 5% of all tokens for marketing.

Other dog-themed tokens like $FLOKI and Dogecoin have grown significantly recently, and Doge2014 hopes to do the same. In just a few days, they’re nearing the $100,000 milestone after witnessing high investor interest.

To learn more and get updates about Doge2014, you can read their whitepaper and join their Telegram channel.

• Amount Raised: $86K
• Use Case: Offers high staking rewards
• Chain: Ethereum

Visit Doge2014

9. SpacePay (SPY): Revolutionary Protocol Supports Crypto as a Payment Option for Everyday Transactions

The next top crypto to buy on our list is SpacePay ($SPY), a revolutionary project that is making crypto more accessible as an everyday payment option. Through its POS (Point-of-Sale) terminal, customers can scan a QR code and make payments by connecting to over 325 crypto wallets. 

It uses an easy-to-use payment APK (Android Application Package), which supports fast and seamless crypto transactions. To incentivize user growth, SpacePay has recently launched its native token, $SPY. 

This ERC-20 token will be distributed via monthly airdrops to the most active SpacePay users. $SPY can be used to access monthly voting rights and quarterly webinars with the leadership team. 

In the future, SpacePay will allocate a portion of its revenue generated to $SPY token holders to promote platform growth. Token holders will also receive exclusive access to new features and services on SpacePay. 

Due to all these reasons, SpacePay is one of the best tokens to invest in 2024. Currently, $SPY is priced at $0.00147 per token on presale. Within a few days of the presale launch, SpacePay has raised more than $180K. 

Learn more about this project by going through the SpacePay whitepaper and joining the Telegram channel. 

• Amount Raised: $180K
• Use Case: Faciliates crypto transactions at retail locations 
• Chain: Ethereum

Visit SpacePay

10. Race to a Billion (BDJ): Make Formula One Race Predictions and Win Rewards

Race to a Billion ($BDJ) is a crypto platform that lets you experience the thrill of Formula One racing, while offering earning opportunities through its predictions platform. 

On Race to a Billion, users can predict the top 10 racers of each F1 race, and win $BDJ tokens for their successful guesses. Through an online leaderboard, Race to a Billion tracks the best performers. 

At the end of every year, Race to a Billion pays its top performers through a $BDJ jackpot. Thus, Race to a Billion leverages cutting-edge blockchain technology to monetize your F1-watching experience. 

One of the best new tokens, $BDJ can be staked on smart contracts to earn an APY of 6,250%. So far, more than 6 million tokens have been staked on Race to a Billion. From a 2.5 billion token supply, 40% of the tokens are being distributed for the presale. 

To learn more about this project, join the Race to a Billion Telegram channel and follow the X page. 

• Amount Raised: $147K
• Use Case: F1 betting and predictions platform
• Chain: Ethereum

Visit Race to a Billion

11. BlastUp (BLP): L2 Crypto Token Gives Access to New Projects Through its Launchpad

BlastUp ($BLP) is a community-backed and trusted launchpad for early-stage and new projects on the Blast ecosystem. 

$BLP tokens can be staked on the BlastUp ecosystem to earn a high yield. Staked token holders are also rewarded with high interest, for taking part in new IDO projects through the launchpad. 

BlastUp implements staking tiers, through which users can earn a portion of funds generated through the new projects. 20% of the funds are offered to the three lowest staking tiers. The other 80% is offered to the top three tiers. To be a part of the three highest staking tiers – stake between 20,000 to 150,000 $BLP tokens. 

On the ecosystem, one can also access Booster Points. Holders of over 1,000 Booster points can earn exclusive NFTs and ETH token rewards. These points are earned by purchasing $BLP and taking part in community-driven programs on BlastUp. 

This top crypto has raised nearly $5 million since the presale launched. From a total supply of 1 billion, 20% will be offered through the presale. Join the BlastUp Telegram channel and follow BlastUp on Twitter for more information. 

• Amount Raised: $5 million
• Use Case: Staking, Access to NFTs and ETH
• Chain: Ethereum

Visit BlastUp

12. ButtChain (BUTT): World’s First Auto-Liquidity Meme Coin on Polygon

ButtChain is a sizzling new cryptocurrency and the world’s first auto-liquidity meme coin on the Polygon Chain. It brings together the fun of meme coins with advanced tokenomics, making it truly unique.

A key feature of ButtChain is Auto Liquidity, which automatically adds liquidity to Uniswap with every purchase during the presale. Plus, Direct-to-contract token purchases during the presale ensure buyers receive their tokens instantly, bypassing claim windows and long waits. ButtChain is also designed with a token-burning system, meaning that there are fewer total ButtChain tokens available with each transaction. The price of ButtChain increases daily during the presale to reward early adopters.

The ButtChain token presale is now live for a limited time, and you can buy tokens using various cryptocurrencies, including Ethereum, Polygon, Solana, and USDT, as well as credit cards for eligible buyers. If you’re looking for an exciting new crypto coin to explore, ButtChain is a refreshing choice.

ButtChain also introduces a rewarding referral system, allowing users to earn MATIC through referral fees during the presale. Nearly a million ButtChain tokens have been sold since the presale recently kicked off. Don’t miss this thrilling opportunity to learn about one of the newest and best new crypto meme coins to buy now. Interested buyers and meme degens can follow the project via X and read the whitepaper for more details.

• Amount Raised: Almost 1 million $BUTT
• Use Case: Meme coin
• Chain: Polygon

Visit ButtChain

13. BTCBull (BTCBULL): Meme Coin Fueled by Bitcoin Price Surge

BTCBull ($BTCBULL) is a newly launched crypto project that provides exclusive rewards for holders as Bitcoin’s price swings upward. For the crypto’s presale, BTCBull offers its native token, $BTCBULL, for $0.000506 per token.

BTCBull offers 50% of its total presale supply, giving interested users plenty of opportunities to get in early. Additionally, every time the BTC price increases by $10k, BTCBull burns a percentage supply of $BTCBULL. This creates more upward price pressure for the meme coin, helping increase its value for investors.

Furthermore, the project has a special protocol for when Bitcoin’s price reaches $100k. The BTCBull Airdrop dedicated 10% of the total native token supply for an airdrop to be distributed to all its holders. The amount received from the airdrop is based on how much $BTCBULL the investor holds.

Early supporters can purchase $BTCBULL with ETH, USDT, BNB, or a credit card. Once purchased, users can stake the token for over 25,000% APY, subject to change over time. Token rewards will occur at a rate of 399.54 BTCBULL tokens per ETH block.

Check out the BTCBull whitepaper for more information, and join the Telegram channel for more updates.

• Amount Raised: $2,248.04
• Use Case: Staking and token-burning
• Chain: Ethereum

Visit BTC Bull

14. BNB (BNB): Gain Exposure to the Binance Ecosystem   

Launched in 2017, BNB is a top ten cryptocurrency backed by the Binance exchange. As such, this is the best crypto to buy now for exposure to Binance’s continued growth with the BNB coin considered by many as the best crypto to invest in. Although Binance was recently fined $4 billion for money laundering offenses, it still dominates the crypto exchange industry. For instance, over $40 billion changed hands on Binance in the prior 24 hours. 

Over the same period, Coinbase volumes were just over $5.5 billion. Another benefit is that BNB currently trades at a discount from its all-time high. Some analysts believe that BNB could record new highs during the next bull run. 

Binance offers an aggressive yet sustainable burning program. During the most recent quarterly burn, more than $453 million worth of BNB was removed from circulation. Burns are funded through Binance exchange profits, ensuring long-term sustainability. Binance will continue its quarterly burning program until the original BNB supply is reduced by 50%. 

• Market Cap: $91 billion
• Use Case: Reduced Binance exchange commissions. Ecosystem currency for the Binance Smart Chain. Payments.    
• All-Time High: $690.93

15. Solana (SOL): Potential Ethereum Killer With 1-Year Gains of 250%   

As crypto investors ask themselves what crypto to buy now, many are in search of Ethereum competitors that could surpass the current smart contract leader. Solana is considered the most prominent potential Ethereum Killer as Solana is a significantly more efficient smart contract blockchain, not only in terms of scalability but concerning speed and fees as well. According to Solana, smart contract fees cost just $0.00025 per transaction. The network is currently handling over 2,800 transactions per second. 

In contrast, Ethereum is handling about 30. Moreover, Solana claims that the average block confirmation time is under 400 milliseconds. This makes Solana an attractive destination for decentralized applications (dApps). Whether that’s metaverses, NFT marketplaces, decentralized exchanges, or P2E games, Solana has the capacity for mass adoption. 

All smart contract deployments require fees, paid in SOL. This offers a solid use case. SOL is also one of the best cryptocurrencies to invest in for performance. Since SOL was launched in 2020, it has increased by over 10,000% and was one of the best-performing assets in 2021 with many institutional investors and VC firms feeling SOL is the best crypto to invest in. In the prior 12 months, SOL has risen by more than 250%. That said, a 66% discount is still available, based on its prior all-time high.  

• Market Cap: $76 billion
• Use Case: Proprietary currency for paying smart contract fees on the Solana blockchain    
• All-Time High: $260.06

16. Ripple (XRP): Undervalued Liquidity Currency for Large Financial Institutions     

Ripple is already a large-cap crypto, currently valued at almost $38 billion. However, some analysts believe that Ripple is massively undervalued. This is because of the product; the Ripple network allows banks to transfer funds internationally without high fees and slow processing times. This is even the case for illiquid currencies from emerging nations. 

Virtually all currency pairs can be exchanged via the Ripple network in seconds. Fees amount to micro-cents, regardless of the amount. XRP provides cross-border payments with liquidity, ensuring a solid long-term use case with many proponents adding XRP as a crypto to buy for long-term holding. Moreover, the Ripple network is already being used by over 100 financial institutions, including the Bank of America. 

This provides a stamp of approval from some of the world’s largest and most influential banks. All that said, the XRP price still trades 86% below all-time highs. Considering that trillions of dollars worth of cross-border payments are made every day, XRP could be one of the best cryptos for 2024. 

• Market Cap: $38 billion
• Use Case: Provides a bridge of liquidity to banks when making cross-currency transfers     
• All-Time High: $3.84

17. Bitcoin (BTC): Buy the World’s De-Facto Crypto     

Bitcoin – the world’s largest crypto by market capitalization, currently trades at the $60,000 zone and earlier this year smashed through previous all-time highs. With the Bitcoin halving recently finished, now could be the last opportunity to buy at current levels. 

Based on the previous three halvings, this could be the start of the next bull run. Previous bull cycles have lasted for 12-17 months, and have always resulted in new highs being recorded. With the SEC recently approving Bitcoin ETFs and attracting institutional investors, this will also work in Bitcoin’s favor. The ETF launches are expected to attract significant institutional investment. 

With many new crypto investors wondering “Should I buy Bitcoin?”, it isn’t a bad idea to get a feel for what analysts are saying about “the best-performing asset of the decade.” In terms of the upside potential, some analysts believe that Bitcoin will reach $100,000 in 2024. Bullish investors argue that $1 million could be lined up for 2025/26. 

• Market Cap: $1.4 trillion
• Use Case: Provides a bridge of liquidity to banks when making cross-currency transfers     
• All-Time High: $73,690

18. Arbitrum (ARB): Trending Layer 2 Solution for Ethereum-Based dApps     

Arbitrum is a popular crypto asset with untapped potential. It provides layer-2 solutions to ERC-20 ecosystems, including decentralized exchanges, stablecoins, metaverses, and P2E games. 265 projects are currently bridged to Arbitrum, such as Tether, Maker, Uniswap, and Lido DAO. 

Bridging to Arbitrum allows ERC-20 projects to retain Ethereum’s security and decentralized features. That said, Arbitrum reduces transaction fees considerably. What’s more, Arbitrum can scale thousands of transactions per second. ARB, its native crypto coin, is required when deploying smart contracts. 

This will increase demand for ARB as more projects bridge to Arbitrum. In terms of performance, ARB has decreased by 2% in the prior month. However, on a 12-month basis, ARB is down 85%. It’s also valued at just $2.6 billion. Therefore, this could be one of the best crypto coins to buy before the next bull cycle begins. 

• Market Cap: $2.6 billion
• Use Case: Proprietary currency for paying smart contract fees on the Arbitrum network     
• All-Time High: $2.40

19. Uniswap (UNI): Invest in the Largest Decentralized Exchange by Trading Volume       

Uniswap is the world’s largest decentralized exchange by trading volume. It enables traders to buy and sell cryptocurrencies without needing another market participant. Traders aren’t required to open an account, let alone provide any personal information. Uniswap simply requires users to connect a wallet, offering a secure and private trading experience. 

Although Uniswap initially only supported the ERC-20 standard, it now offers cross-chain functionality. Supported networks include Arbitrum, Polygon, and Optimism. It also supports the Binance Smart Chain, although volumes are small when compared to other network standards. 

Nonetheless, Uniswap is a self-sufficient project that operates on smart contracts. It makes money by charging trading fees on buy and sell orders. Investors can gain exposure to Uniswap by purchasing UNI tokens. Uniswap has a modest market capitalization of just under $8.5 billion. UNI currently trades 87% below all-time highs.   

• Market Cap: $8.5 billion
• Use Case: Governance token for the Uniswap ecosystem     
• All-Time High: $44.97

20. Dogecoin (DOGE): Top Meme Coin With $26 Billion Market Cap

Dogecoin was the world’s first meme coin and it remains the most popular by a wide margin. It has a $26 billion market cap, making it the 10th largest crypto by market cap. 

Dogecoin maintains the support of influential backers like Elon Musk and Mark Cuban, and the community around this token is enormous. DOGE has routinely benefited from jumps in the crypto market, and it looks poised to rise again with the latest crypto bull run. DOGE has also demonstrated that it has staying power and can outcompete newer meme coins. 

One appealing thing about buying DOGE now is that the token is trading at under $0.19 – down 85% from its all-time high set in 2021. So, this meme coin has a lot of room to run.

• Market Cap: $26 billion
• Use Case: Meme coin
• All-Time High: $0.60

How to Choose the Best Crypto to Buy Right Now

Crypto fortunes can be made and lost overnight. Therefore, selecting cryptocurrencies to invest in shouldn’t be a rash decision. This section explains how to choose the best cryptocurrency to buy now. Here are some of the factors investors need to take into consideration when searching for the best cryptos for their portfolios:

• Real-World Utility
• Market Capitalization
• All-Time-High Discount
• Presale Bargains
• Demand and Supply Balance

Real-World Utility 

The most valuable cryptocurrencies have real-world utility. This means the underlying crypto coins have an actual use case and should be understood while deciding which crypto to buy. 

For example: 

• Ethereum and Solana are used by decentralized applications. Fees must be paid in ETH and SOL, respectively – meaning developers need the coins to execute smart contracts. 
• Similarly, XRP is used by banks when making cross-currency transfers. While XRP isn’t always required, it is when liquidity is needed on emerging currency swaps.  

Cryptocurrencies with utility can create long-term demand for their tokens and can make some of the best cryptocurrencies to invest in today. Long-term demand can lead to organic price appreciation. Therefore, utility should be at the top of your list when selecting the best coin to invest in.

Market Capitalization

Consider the cryptocurrency market capitalization when choosing the best crypto investment. Small-cap projects like Pepe Unchained and Crypto All-Stars offer the most upside potential when compared to top ten cryptos. 

This is because small-cap coins can grow much faster than large-caps, as less buying pressure is needed. However, small-cap cryptocurrencies are more volatile, meaning the risk of loss is higher. 

While large caps like Bitcoin, Solana, and BNB still have room for considerable growth, the upside is smaller. That said, when looking for what crypto to invest in, it’s best to consider a blend of small and large-cap projects to reduce the risk.  

All-Time High Discount

The broader crypto market is currently valued at $2.7 trillion. This is close to the $3 trillion valuation that cryptocurrencies had in 2021. From an investment perspective, there is still time to buy coins that haven’t mooned yet, especially those that haven’t launched yet. While there’s no guarantee all-time highs will ever happen, it makes sense to enter the cryptocurrency market when prices are low. 

Look for Presale Bargains

Investors looking for the best new crypto to buy might consider presale launches. Presales are especially beneficial for investors who get in early. After all, you’ll be investing in brand-new crypto assets from the ground up that could be the next crypto to explode.

Early-stage investors often secure a discount too. This means that once the tokens are listed on public exchanges, presale investors can lock-in an immediate upside. 

What’s more, presale cryptocurrencies usually have a small market capitalization. This can lead to rapid growth if the project takes off. 

Demand and Supply Balance

Tokenomics sits at the heart of any crypto project; it effectively determines the long-term demand and supply balance. For instance, digital assets like Dogecoin20 have a fixed supply. This means that additional tokens cannot be created, ensuring scarcity over time.

In contrast, Ethereum and Cosmos do not have a maximum supply. In turn, new tokens are issued indefinitely. This is a form of inflation, meaning that token holders are constantly diluted. 

• Investors should also consider the circulating supply. 
• For example, a project might have a ‘total’ supply of 1 billion tokens. 
• But only 200 million tokens might be in ‘circulation’, with the rest held by the team. 

We prefer it when the vast majority of tokens for the top cryptos are already in circulation. Not only does this reduce the investment risk, but it allows prices to be determined by cryptocurrency market forces. 

Where to Find the Best Crypto Coin to Buy

There are many different ways to find suitable cryptocurrencies to buy now and add to your portfolio. The specific method will depend on the type of cryptocurrency you’re looking to buy. 

Here are some tips on where to locate high-potential crypto investments. 

• CoinGecko: This is the leading data aggregation website for digital assets. It offers many filters and tools to help you find suitable investments. For example, you can sort results by the percentage gains over the prior 24 hours, week, month, or year. You can also view recently added coins, which are typically brand-new cryptocurrencies with small market capitalizations.
• Reddit: Millions of Reddit members are interested in cryptocurrencies. It’s a great platform for exploring new, established, and trending projects. Some of the best subreddits to explore include r/CryptoCurrency (7.3 million), r/CryptoMoonShots (1.9 million), and r/ICO (53k). 
• YouTube: We found that YouTube has many credible analysts who offer insights on the best crypto to invest in. This includes Altcoin Daily, MoneyZG, and The Moon. For presale investors in the market for 100x gains, consider the Jacob Crypto Bury YouTube channel.  
• DexTools: Offers unparalleled market data on cryptocurrencies that trade on decentralized exchanges. DexTools data includes the most traded pairs, trending cryptocurrencies, and the best-performing tokens over custom time frames.  
• Presale Listing Sites: Those looking for the best new crypto to invest in might consider presale listing sites. ICOBench, for example, lists information on upcoming presales. ICODrops offers a similar service.   
• Crypto News: Similar to stocks and commodities, cryptocurrency prices react to real-world news events. Therefore, it’s crucial to stay abreast of key market developments. This can help you find cryptocurrencies that are about to blow up. It can also alert you to cryptocurrencies that should be removed from your portfolio. 

Short-Term vs Long-Term Crypto Investments: Which is Best?

Some cryptocurrencies are solid long-term investments, while others are better for short-term speculation.

For instance, Bitcoin, with its 21 million BTC supply cap, is seen as a store of value similar to gold. This suggests its price will likely grow over time, assuming demand stays constant. Though Bitcoin can be volatile in the short term, long-term holders could benefit. Dollar-cost averaging—investing small amounts regularly—can be a smart approach for long-term crypto investments.

On the other hand, meme coins are often short-term plays, requiring constant market monitoring due to their rapid price swings. Investors might set a price target and use a take-profit order to automatically close the trade when that target is reached.

Crypto Market Trends to Keep an Eye on in 2024

Seasoned investors will stay abreast of key crypto market trends. This enables them to invest in specific niches before they become mainstream digital currencies. One such trend includes Solana meme coins with the likes of BOOK OF MEME hitting a +$500M market cap in April.  

For example, decentralized finance (DeFi) remains a high-growth market to watch. This includes decentralized exchanges like Uniswap and SushiSwap. Decentralized lending and investments are also hot, with Aave and Yearn.finance leading the way. Most decentralized finance protocols have a native crypto token. This enables investors to gain exposure to their preferred projects. 

In addition, staking is another market trend to keep an eye on. Staking offers the best of both worlds for investors. They can target price appreciation while also earning passive rewards. 

This is similar to investing in dividend stocks. That said, crypto staking rewards are significantly more competitive. For instance, Dogecoin20 is currently offering staking APYs of 2000%. 

Perhaps the key trend to look for in 2024 is how Bitcoin’s price reacts to the next halving event. The previous three Bitcoin halvings saw extended bull cycles last for 12-17 months. Altcoins also benefited greatly, as is often the case when Bitcoin performs well.   

Conclusion

In summary, digital currency investors should create a well-balanced portfolio when investing in cryptocurrencies. This means covering a blend of use cases, market capitalizations, target markets, and risk profiles. 

Overall, we rate Pepe Unchained as the best cryptocurrency to buy today. Its presale campaign is going strong; raising over $2 million in just a few weeks. It offers a hot new meme coin with actual layer-2 utility.

Visit Pepe Unchained

References

• CNBC: Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024
• TheStreet: Influential market model says bitcoin price will hit $1 million in 2025
• Bloomberg: Is Crypto Really Worth $3 Trillion? I Ran the Numbers.
• ESMA: Decentralised Finance in the EU: Developments and risks
• TheStreet: History says bitcoin price could be good sign for crypto bull market
• Binance: Book Of Meme (BOME) Shook the Entire Market

FAQs

Which crypto is best to invest in now?

We choose Pepe Unchained as the best crypto to buy now. This is a presale project with a small market capitalization and huge upside potential. 

Which crypto has the most potential?

Presales projects like Pepe Unchained, Crypto All-Stars, and PlayDoge have the most potential. That said, presales are risky, so investors should also consider established cryptocurrencies like Bitcoin and XRP. 

What is the most profitable crypto right now?

The most profitable crypto since its inception is Bitcoin. Originally worth a fraction of a dollar, Bitcoin has since increased by millions of percent. 

What is the best meme coin to buy right now?

The standout meme coin in this guide is Pepe Unchained, thanks to its large market presence, brand recognition and high staking rewards.

How to choose the best crypto to buy right now?

When choosing which crypto to buy today, we suggest to look at utility, market cap, discount from all-time high, as well as demand and supply balance.