10+ Best Cryptos To Buy Right Now (2024)

Here are the top performing cryptocurrencies with a market cap of at least $1 Billion. These are coins that have performed well in 2024, and we believe will continue to give good returns for their holders.

Our hand-picked investment suggestion consists of 15 crypto assets that have shown great potential in the past months and could be set for more positive price developments. Here’s a list of 15 top cryptocurrencies to buy:

Rexas Finance makes a major shift in the asset management space with its tokenization capabilities. It’s a complete solution that enables seamless tokenization of real-world assets like real estate, art, and commodities. The best thing is it comes with a Token Builder that’s user-friendly and eliminates blockchain complexity, allowing you to tokenize assets in minutes. 

Rexas Finance gives you the exclusive opportunity to democratize your investment portfolio, thanks to the fractional ownership facility. Rexas Finance pulls you to roads to high-value options for investments, including precious metals and real estate. That’s not all. It allows you to make safe, transparent transactions in the international markets. The Rexas ecosystem brings a bucket full of other services. It offers complete end-to-end DeFi solutions for crypto trading, AI-powered NFT creation tools, and the ultimate Rexas Treasury. Leveraging these, you can easily maximize returns and level up your financial perks.

Bitcoin is the biggest crypto asset with over 40% market dominance. Bitcoin was launched in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper established it as a decentralized network for p2p transactions. Bitcoin has grown into a global asset. It is primarily a store of value.

Bitcoin hit a new all-time high on March 2024 following a market-wide rally influenced by the approval of Bitcoin ETF by the SEC. Bitcoin has seen a 57% growth in 2024 and could set a new high this year.

Dreamcars is expected to become the next big thing in crypto and for good reason. This innovative and unique project helps investors own fractional shares of cars from luxury brands. Each luxury car is divided into fractional shares, presented as NFTs. Purchasing these NFTs guarantee legal ownership of a portion of the car’s rental income. These NFTs are backed by a real purchase
contract.

By owning fractional shares, investors generate passive income through rentals. Dreamcars takes care of all the rest – depreciation, insurance and maintenance. This allows investors to profit without having the responsibilities of owning a car the traditional way

Memecoins are making a bold statement in the crypto space. Several projects from this category have emerged as top investment choices, despite the volatility they are associated with. Solana memecoin project – pandana is striving to join the ranks of successful community projects. The Pandana ICO event started in November 2024 and is still ongoing at the time of writing. So far, the project has managed to raise over $670,000 from investors. This will be dedicated to building a sustainable memecoin project. The project’s roadmap shows plans to expand to centralized exchanges and market the associated token.

Pandana could be one of the break-out memecoins in 2024 and 2025. The project will be hoping for a successful launch after the ICO event. Investors participating in the token sale could also benefit from the bonus programs. Up to 20% bonus applies to investors who purchase over $5000 worth of $PNDN and also refer other investors. 50% of the token’s total supply will sold in the ICO event. 15% of the total supply will be used to create liquidity of decentralized exchanges after launch.

Ethereum is the pioneer of smart contract technology the way we know it today. It allows developers to build applications on the blockchain and create assets that run parallel with the native coin on the network. Smart contracts are processed by the Ethereum Virtual Machine (EVM), which transforms high-level language bytecodes understood by the EVM.

Ethereum has come a long way from its initial idea in its whitepaper. It made a giant leap from Proof-of-Work to Proof-of-Stake, redefining how its blockchain worked.

Ethereum has grown over 50% from its opening price of $2,279 on January 20, 2024. It grew to a yearly peak price of $4,070 on March 11, 2024, following a market-wide rally.

Like Ethereum, Solana enables developers to build applications that connect to the blockchain. Solana whitepaper quotes a fast transaction finality with a transaction speed of over 2,000TPS and a relatively low transaction fee. 

Its high speed is thanks to its Proof of History (POH) consensus mechanism and parallelized virtual machine (SVM). Solana has seen a spike in network activity following the meme coin boom on the network. It is the most active blockchain network with over 45 Million daily transactions.

Solana opened for the year 2024 at $101, it has grown throughout the year by over 79%. It recorded an annual peak of $202 in April 2024.

Dogecoin was launched in 2013 by Jackson Palmer and Billy Markus. It is a fork of the Bitcoin blockchain with the intent of creating a cryptocurrency that is easier to mine. Dogecoin is one of the best meme coin, adopting a witty concept and pays homage to the meme coin.

It is branded with images of Kabosu, a popular Shiba Inu dog breed. This fun meme garnered a massive following of nearly 4 million people on Twitter. 

Despite a torrid year for cryptocurrencies, Dogecoin has grown by 58% this year. It currently trades above $0.14, a significant increase from its $0.089 opening price this year.

TON is an emerging favorite for smart contract projects. It is a decentralized network for smart contract applications and p2p payments. The Ton Whitepaper defines its network as a blockchain built for high-performance applications.

TON employs sharding technology to distribute the network workload across several autonomous but dynamically connected shards. TON also runs other utilities like the TON storage and TON ID. It is powered by TONcoin.

In what has been an eventful year, TON price has grown by over 200% in 2024. It opened in January at $2.3 per coin and currently trades at over $6.9.

The Shibu Inu meme coin (SHIB), sporting the popular puppy of the same name, launched in 2020, hitting an all-time high in November 2021. The coin retains a market capitalization of over $4.4 billion and has been supported by celebrities such as Elon Musk. Competing with Doge, Shiba Inu also has nearly 3.8 million followers on Twitter. 

Shibu Inu is pegged as a potential for the next meme coin to explode in 2023. Not only does Shibu Inu coin still have a vibrant community of followers, but the project is not just a meme coin. The Shibu Inu team is developing an entire ecosystem, including gaming and metaverse iterations and its own mainnet, Shibarium. 

Shiba Inu was trading at just above $0.00001 per coin in January 2024. Since this time it reached an annual peak of over $0.000035 in March 2024 and has continued to consolidate $0.000015.

Chainlink is a decentralized oracle network that feeds blockchain protocols with real-world data, enabling them to function optimally with accurate data. It powered financial systems built on the blockchain like Dexes and lending protocols.

Chainlink was launched in 2017 by Sergey Nazarov and has grown from a decentralized data network to additional utilities like interoperability solutions. It is also popular among developers, with over 1.7K forks on Github. 

Chainlink has endured sideways price movement in 2024, despite surging to a peak price of $21 in March, it has continued to consolidate within the $15 range. However, this is a solid performance considering the general outlook of the crypto market.

Litecoin is a fork of Bitcoin with a different hashing algorithm and relatively faster transaction processing speed. Like Bitcoin, LiteCoin is designed for P2P transfer of value. It runs on the POW consensus algorithm.

This coin earns its place on this best crypto-to-buy list because it was created to be “silver” to Bitcoin’s gold and holds its place in the top 20 cryptocurrencies by market capitalization. Like others, Litecoin has seen volatility, and this will surely continue, but it also has a solid following, and analysts are reasonably confident in the coin’s future.

LTC opened for 2024 at $73 per coin. It grew to an annual peak of $109 in March 2024. It currently trades within the $70 range.

KASPA is a Proof of Work, DAG network for peer-to-peer transactions. It has a finality of 1 second and boasts a low transaction fee as well. Kaspa was launched in 2021 via a fair launch. It adopts an economy similar to that of Bitcoin. Kaspa scores above Bitcoin in throughput and is reportedly capable of running advanced protocols, including inscriptions and smart contracts. Kaspa is run by its community.

Kaspa was trading at just above $0.11 on January 1, 2024. It reached an all-time high of $0.197 about 7 months later on the last day of June 2024. It currently trades at $0.17, an over 55% growth.

Filecoin is a DePIN for storage solutions. It provides a marketplace for storage space. Participants in the network commit their idle storage space to be used for data storage in turn for rewards in Filecoin. It runs on the Filecoin Virtual Machine (FVM) which is capable of processing smart contract operations. Filecoin can be used to host websites, store multimedia files, app data, and so much more.

Proof-of-replication and proof-of-spacetime help Filecoin to guarantee the data’s integrity and availability. The whitepaper defines it as less prone to single points of failure: a plus for distributed computing that the conventional cloud does not offer. 

FIL traded at above $6.9 on January 1, 2024, and quickly climbed above $7 on the second day of the month. It consolidated around this level before pumping to $11.46 on March 09, 2024. It has settled below $5 as the general market drops.

COSMOS allows blockchain developers to build autonomous blockchain networks that easily communicate with other networks. These networks are developed using the Cosmos SDK which are defined on the whitepaper as predesigned algorithms for interoperability.

The Cosmos cryptocurrency, ATOM, is the native coin of the Cosmos blockchain. The Cosmos Hub was launched in 2019 and is a project that aims to answer the issue of interoperability between blockchains.  

ATOM has lost about 40% of its opening price this year, despite trading above $14 in March 2024, it has declined below $7 in the second quarter of the year and continues to trade around this point. But with the utility Cosmos provides, it is likely to have a reversal. 

Render network pools idle GPU power into a decentralized marketplace powered by the RENDER token. AI projects and content creators who wish to perform resource-intensive computing operations can obtain GPU on-demand from the Render network. Device owners can also monetize their idle GPU by committing them to the network.

Initially established in 2017 after an Initial Coin Offering, the Render network supports effective rendering with a unique combination of a hybrid proof-of-work mechanism. It is a decentralized network where artists buy GPU compute power utilizing $RNDR tokens with all the payments held in a smart contract for confirmation. 

RENDER has grown over 55% TYD, from just above $4.4 on January 1, 2024, it currently trades above $6.7.

Projects like Telegram Open Network (TON), Solana, Bitcoin, and Ethereum are good ones to consider for long-term investments. 

Using a project’s fundamentals and factors that apply to you (like capital, risk tolerance, and whether you wish to HODL for long or short term) you can select a crypto asset that fits you best. We studied a select few in the course of this article, the best crypto to buy is one that fits your investment strategy the most.

While surfing through the market to find a crypto asset to invest in, here are some general fundaments you should consider;

Long-term Potential

If you plan to hold on to your investments for a long time, consider the project’s viability in the long term. A few things to look out for are the project’s, utility, roadmap, team dedication, and community progress. Consider the project’s economy to ensure they have a future-proof financial plan. Review the project’s tokenomics, emission structure, vesting, and token allocation and estimate the balance between token supply and demand.

Projects with relevant utility, a dedicated team, and a community are more likely to maintain demand for their token over time.

Short Term Potential

For assets, you wish to hold for a short while, consider the scheduled events during the period you wish to hold the asset. New projects have a higher chance of pumping in a short time, therefore, new projects and projects that have significant upcoming events are ones to look out for.

You can also track the social activity of such a project to estimate the trader’s psychology and how this can affect the launch or event as it relates to the asset’s price.

Availability and Liquidity

Actively trading assets can be purchased on the centralized or decentralized exchanges where they are listed. For pre-sales, the platform for purchase is usually shared on the official website or social media page.

While investing in any crypto asset, ensure that they are easily tradable and available on reputable trading platforms. You can also check the trading volume to get an idea of the viability of the project. Actively trading assets are recommended.

For assets like meme coins trading on a decentralized exchange, ensure that the liquidity is sufficient and locked to prevent investing in rug pulls.

Market Capitalization

Market Capitalization is the total valuation of the project. It is the product of the circulating supply and the current price. This changes with the price or as more assets come into circulation. Another data to look out for is the Fully diluted valuation (FDV). FDV considers the total supply of the asset.

It gives an idea of what the project would be worth if the total supply was in circulation. Before investing in any project, understand the basis of its valuation by reviewing the utility, demand, supply, the current market cap, and the Fully Diluted Valuation.

Crypto presale

Presale events enable crypto projects to raise funds for the development by offering investors the project’s tokens at a lower price. This is the earliest stage of the project and investors often strive to purchase assets at this stage.

While the crypto presale period offers a great advantage, it is also harder to evaluate the project’s performance after launch; therefore, if you are sourcing for a presale project to invest in, review the team behind the project, the tokenomics, and the roadmap as well.

Also, ensure that you are purchasing the token on an official IDO, ICO, or IEO platform.

You can purchase cryptocurrencies on custodial (centralized exchanges and OTC platforms) and decentralized digital trading platforms.

Centralized exchanges and OTC platforms: Centralized crypto exchanges are custodial trading institutions offering spot and derivatives trading services for crypto assets. You can search the asset you wish to purchase on tracking applications like Coingecko and Coinmarketcap to see exchanges where they are listed.

Decentralized exchanges: Many new projects list on decentralized exchanges first. While purchasing an asset on a Dex, ensure that you enter the correct contract address to avoid purchasing the wrong asset.

After creating your account and crediting your trading account, you are now ready to start trading cryptocurrencies. Here is how to buy a cryptocurrency

To place a buy order.

Step 1: Visit the exchange you wish to purchase the asset on.

Step 2: Navigate to the market section and find the crypto asset you wish to buy.

Step 3: In the Buy section, set the price at which you wish to buy the asset and enter the amount you wish to purchase.

Step 4: Click BUY [ASSET] to place your order

Keep in mind that if your set price is below the market price, the order will not be completed immediately but added to the order book.

You can track your order in the order area to see if it has been filled.

Despite the progress made in blockchain technology and crypto as a financial sector, many investors are still split between investing in cryptocurrencies and continuing with the traditional form of investing. While this is a personal decision majorly, investing in cryptocurrency could be a great decision for the following reasons;

Relative Performance

Over the past decade, cryptocurrencies have delivered a significantly higher return, compared to other digital assets and even real estate. Bitcoin has outshined precious metals like Gold and Silver in the past five years and this trend is set to continue for the foreseeable future. Certain altcoins have delivered an even better performance.

Low Barrier For Investors

Purchasing cryptocurrency is simple. Investors, regardless of their location and exposure to technology and financial services can purchase and manage cryptocurrencies. Thanks to self-custody financial services like decentralized exchanges and lending platforms, investing in cryptocurrency is even easier.

Decentralization

Cryptocurrencies are a shift from the traditional investment culture. It moves authority to the people and accords investors full control over their investments. Cryptocurrency is permissionless, giving investors a higher level of freedom compared to traditional investment sectors.

Investment variety

Cryptocurrencies provide a vast earning opportunity for investors. Passive income programs like Staking, Yield-farming, and external airdrops for older investments could significantly boost your income. These opportunities are uncommon in traditional investment space but are a norm in the crypto space.

Cryptocurrencies do have their own risks that one must consider before investing in them.

Volatility

The prices of crypto assets can experience quick sideways swings. Drops in the value of cryptocurrencies are more intense and could result in significant losses in a short period. Investors are advised to apply risk management precautions when investing in cryptocurrency.

Security Risks

Crypto investors also stand a chance of losing their investments to hacks, rug-pulls, mismanagement of funds by custodial institutions, and erroneous transactions. It is important to understand the best security practices before investing in cryptocurrencies or interacting with advanced decentralized protocols. Also, due to the rigid security structure of blockchain technology, retrieving lost assets could be hard and impossible in most cases. 

Complicated Technology

The blockchain is an emerging technology, in addition, it is complicated, even in its basic form. Investors could have a hard time understanding the basic operations. This increases the barrier to participation and also the risks of losing funds to mistakes. 

Bitcoin and Ethereum are some of the most stable and reliable assets to buy. Other assets like Toncoin and Solana have high upsides but could also fluctuate significantly. If your risk tolerance is high enough, these are also good projects to invest in. With the growing DePIN narrative, Render and FileCoin are also solid ones to look at.

In this article, we reviewed selected crypto assets using key project fundamentals and the general market outlook. Our selections are based on relevant mathematical and psychological estimations. Also, note that this list is not exhaustive and is for educational purposes and not financial advice.