When Bitcoin first launched over a decade ago, few could have predicted the wave of cryptocurrencies that would follow. Today, figuring out what the best altcoins to buy are can feel like a massive chore.
Altcoins, which refer to any cryptocurrency other than Bitcoin, have gained popularity not just as digital payment options but also as potential investments. Whether it’s through powering DeFi projects or transforming industries like gaming, these coins could be your ticket to substantial gains.
To make your life easier, we’ve rounded up the best altcoins for 2024, including low cap altcoin gems with 1000x potential like Pepe Unchained and some solid large-cap picks like Ethereum, giving you a mix of opportunities across the market.
- Hold $WEPE to get access to Wall Street Pepe's exclusive trading insights and signals
- Become a trading alpha and join the Wepe Army
- Earn even more by submitting your best trades and staking $WEPE
- BNB
- Debit
- ETH
- +1 more
- Stake all the top meme coins on one platform
- Earn staking APY of over 5,000% for staking $STARS
- $STARS holders get 3x the rewards
- ETH
- USDT
- BNB
- +1 more
- Enjoy super low transaction fees in the Best Wallet ecosystem by holding $BEST
- Best Wallet users get early access (and the lowest price point) to the Best Wallet Token presale
- Have a say in the Best Wallet roadmap by voting on Governance proposals
- BNB
- Debit
- ETH
- +1 more
- Cat themed meme coin here to dethrone the top dogs
- Stake $SLAP tokens to earn high rewards
- Fair launch straight to DEX meaning everyone has access
- USDT
- Debit
- ETH
- Innovative Vote-to-Earn protocol where users can vote on the projects direction and earn $FLOCK
- Decentralized meme coin puts power back in the hands of the community
- Earn a huge ROI by staking $FLOCK tokens
- ETH
- USDT
- BNB
- +1 more
- Pepe Unchained - the first meme crypto project running on its own Layer 2 blockchain
- Viral presale has raised $11 million with staking rewards currently at 175% APY for early investors
- $PEPU's Layer 2 blockchain means reduced operational costs, faster speeds, and lower fees
- ETH
- USDT
- Debit
- +1 more
- Hot Meme Coin Project With Play to Earn Utility and Staking
- Price has Pumped 10x in Last Month, Rumored to be Listing on Binance
- Over 12k Holders and Growing
- ETH
- USDT
- Debit
- First decentralized meme coin index with community governance
- Invest in four different meme coin baskets depending on your risk tolerance
- Meme coin with serious staking rewards and yield farming options
- ETH
- BNB
- Debit
- +1 more
- Collect POKE characters in this Pokemon-style game
- Tap-2-Earn mechanics let you play and earn $POKE
- Integrated with Telegram for easy access
- USDT
- TON
- Layer-2 Solution for Dogecoin blockchain with huge staking rewards
- Bridge instantly from Ethereum to Dogecoin with cheap transaction fees
- Meme coin bringing DeFi to the Dogecoin universe
- ETH
- Tether
- BNB
- +1 more
- Invest in luxury rental cars from prestigious brands like Lamborghini, Ferrari, and Mercedes-Benz
- Earn monthly rental income in USDT, paid on the first of every month
- Dreamcars is the first Web3 platform where you can buy, sell, and trade shares in supercars starting at just $10
- ETH
- BNB
- World's first crypto payment protocol that integrates efficiently with card machines, making crypto payments widely accessible.
- Through a user-friendly payment APK, SpacePay lets customers buy with crypto while allowing merchants to receive funds in their local fiat.
- SpacePay's native governance token, SPY, gives holders access to airdrops, exclusive features, as well as voting rights and quarterly connect webinars.
- ETH
- USDT
- AVAX
- +5 more
- State-of-the-art crypto project allowing users to predict F1 racing outcomes to earn rewards.
- Early presale investors can stake-to-earn tokens with dynamic rewards currently over 6,800% p/a.
- 40% of total supply (2.5Bn) is allocated to the presale, with over $140k raised already.
- BNB
- Debit
- ETH
- +1 more
- Stake $LHUNT and earn a portion of every LuckHunter casino transaction from the Co-Owner Pool
- Enjoy reduced fees on transactions, withdrawals, and in-game purchases on the LuckHunter Casino
- Holders can get early access to new games, exclusive features, and premium events
- ETH
- Tether
- BNB
- +2 more
The Best Altcoins to Invest in December 2024 – List
Top Altcoins to Buy in 2024 | Why You Should Buy Them |
---|---|
Pepe Unchained ($PEPU) | Best altcoin to buy on Layer-2 blockchain, offering low transaction costs |
Catslap ($SLAP) | The ultimate meme coin with a viral game and high staking rewards |
Crypto All-Stars ($STARS) | One of the best altcoins to invest in, allowing investors to stake all their meme coins in one place |
Flockerz ($FLOCK) | Decentralized altcoin with generous voting and staking rewards |
Best Wallet Token ($BEST) | Crypto wallet token offering advanced features and exclusive benefits for holders |
FreeDum Fighters ($DUM) | Satirical meme coin offering high staking rewards and airdrops |
Sponge V2 ($SPONGEV2) | One of the best altcoins with a unique stake-to-bridge model |
Space Pay ($SPY) | Next-gen payment altcoin backed by a London fintech startup |
Race to a Billion ($RACE) | Top altcoin to invest in, combining blockchain with sports betting |
Ethereum ($ETH) | The best altcoin to buy now and always |
Tether ($USDT) | One of the top altcoins for 2024, built on many leading blockchains |
Solana ($SOL) | High-speed altcoin operating on a unique consensus mechanism |
Our Analysis of the Top Altcoins to Buy Now
Now that we’ve listed the top altcoins of 2024 to help you narrow down your choices, we’ll examine in detail what they are. We’ll also explain why we have included them on our list and offer all the details you need to decide if they’re worth your investment.
Here are the altcoins with the most potential in 2024:
1. Pepe Unchained – Overall Best Altcoin to Buy on Layer-2 Blockchain, Offering Low Transaction Costs
Pepe Unchained ($PEPU) is a new meme coin that has quickly raised over $40 million in its presale. It takes the crown as the best altcoin for 2024, thanks to its foundation on Ethereum’s layer-two (L2) blockchain, delivering fast transactions, low gas fees, and substantial staking rewards.
L2 tokens enhance transaction efficiency and reduce costs, allowing $PEPU holders to earn an annual yield of over 69%. Since the staking mechanism launched, over 1.7 billion tokens have been staked.
Blockchain | Ethereum |
---|---|
Ticker | $PEPU |
Total Supply | 8 billion |
Presale Supply | 1.6 billion |
Current Price | $0.01295 |
With “Pepe the Frog” as its mascot, Pepe Unchained appeals to meme enthusiasts globally while providing real utility. Of all the altcoins with the most potential, Pepe Unchained ($PEPU) is the one to watch. Don’t be surprised when this coin shows up in the upcoming Coinbase listings.
To learn more about the project, we highly recommend that you go through the Pepe Unchained whitepaper and join the Telegram channel, which currently has over 15,000 subscribers.
2. Catslap – The Ultimate Meme Coin That Lets You Slap to Win, Set to Outperform Other Cat-Themed Tokens
Catslap ($SLAP) is an exciting new meme coin that combines meme culture with addictive gameplay. It allows users to compete in a hilarious slapping game, where they can ‘Slap’ their way to the top of the leaderboard and contribute to their country’s ranking on the “Slapometer.” This unique gamified experience aims to create an engaging community and set $SLAP apart from other meme coins.
The Catslap ecosystem has a total token supply of 9 billion, with 50% set aside for liquidity and 10% for community rewards.
Blockchain | Ethereum |
---|---|
Ticker | $SLAP |
Total Supply | 9 billion |
Presale Supply | NA (fair launch) |
Current Price | $0.00243614 |
For more information on Catslap, including how to buy, play, and stake, visit the official website and join their Telegram group.
3. Crypto All-Stars – One of the Best Altcoins to Invest In, Allowing Investors to Stake All Their Meme Coins in One Place
Crypto All-Stars ($STARS) is one of those high potential altcoins that will allow meme coin investors to stake all their holdings under one roof. With the launch of the “MemeVault,” the platform will enable the staking of top meme coins, and users can earn $STARS tokens as a reward. The staking rewards come with a massive APY, currently at 356%.
Of the total token supply, 20% will go towards the presale, while 25% will be reserved for presale staking and the MemeVault ecosystem. The remaining tokens are allocated to marketing, CEX/DEX, and the MemeVault ecosystem.
Blockchain | Ethereum |
---|---|
Ticker | $STARS |
Total Supply | 42.07 billion |
Presale Supply | 8.4 billion |
Current Price | $0.0015997 |
Currently, you can buy $STARS priced at $0.0015997, and it has raised nearly over $5 million.
For more information, read the Crypto All-Stars whitepaper and join the Telegram channel.
4. Flockerz – Decentralized Altcoin With Generous Staking and Voting Rewards
Flockerz ($FLOCK) is a new altcoin aiming for full decentralization with a unique vote-to-earn system that rewards users for participating in decisions.
This means that everyone who holds $FLOCK tokens will be able to participate in the decentralized autonomous organization (DAO) governance, which allows them to vote on key decisions like token burns, marketing strategies, new features, and more.
Blockchain | Ethereum |
---|---|
Ticker | $FLOCK |
Total Supply | 12 billion |
Presale Supply | 2.4 billion |
Current Price | $0.0061015 |
Those who vote will earn $FLOCK tokens as a reward. The team has allocated 25% of the total token supply for these types of rewards. Another 25% has been allocated for staking rewards. Currently, those who stake their tokens during the presale stage can earn a generous dynamic APY of over 763%.
Thanks to all these features, $FLOCK is easily one of the best meme coins to buy right now. At the time of writing this article, $FLOCK tokens go for $0.0061015.
For more information, check out the Flockerz whitepaper and join the Telegram channel.
5. Best Wallet Token – A Next-Gen Crypto Wallet Token Offering Advanced Features and Exclusive Benefits for Holders
Best Wallet Token ($BEST) is an innovative token designed to power the Best Wallet ecosystem, a next-generation multi-chain, non-custodial crypto wallet.
$BEST holders can benefit from higher staking rewards, lower transaction fees, and exclusive access to new projects and presales. Currently, investors can buy the token during its presale phase for just $0.022825. The platform raised over $1.4 million in just a few weeks of launch, showing strong investor interest.
Blockchain | Ethereum |
---|---|
Ticker | $BEST |
Total Supply | 10 billion |
Presale Supply | – |
Current Price | $0.022825 |
$BEST token holders can access the staking aggregator that offers higher APY opportunities than standard market rates. The Best Wallet ecosystem includes features such as a decentralized exchange (DEX) aggregator, an upcoming crypto debit card (Best Card), and the integration of 60+ blockchain networks.
For more details, check out the Best Wallet Token whitepaper or join the official Telegram channel.
6. FreeDum Fighters – Satirical Meme Coin Offering High Staking Rewards and Airdrops
FreeDum Fighters ($DUM) is a meme project that conducts the ultimate showdown between the U.S presidential election’s two political figureheads – Kamacop 9000 and MAGATRON.
On this satirical gamified project, $DUM token holders can stake their holdings, pick sides, and engage in weekly debates. Notably, FreeDum Fighters has two separate staking mechanisms – one for MAGATRON supporters and the other for Kamacop 9000.
Through the weekly debates, FreeDum Fighters will pick winners and reward them with $DUM token airdrops. 10% of the 270 billion token supply will be allocated through the debate rewards, while 20% will be allocated through staking benefits.
Blockchain | Ethereum |
---|---|
Ticker | $DUM |
Total Supply | 270 billion |
Presale Supply | 108 billion |
Current Price | $0.00009 |
Currently, 40% of the token supply is being distributed through the ongoing presale. So far, FreeDum Fighters has raised more than $600K. The U.S. election may be over, but its impact on the crypto community is just beginning, so it might be a good idea to add this coin to your watchlist.
If you want to learn more, make sure you give the FreeDum Fighters whitepaper a read and join their Telegram channel.
7. Sponge V2 – One of the Best Altcoins With a Unique Stake-To-Bridge Model
In 2023, $SPONGE surged in popularity due to its connection to SpongeBob SquarePants, quickly reaching a $100 million market cap. Although its value later declined, the release of Sponge V2 ($SPONGEV2) aims to revitalize the community.
According to its whitepaper, the platform lets you easily transition from Sponge V1 to V2 with its unique Stake to Bridge model. Stake your V1 tokens and get an equal amount of V2 tokens.
Blockchain | Polygon |
---|---|
Ticker | $SPONGEV2 |
Total Supply | 150 billion |
Presale Supply | No presale |
Current Price | $0.000018 |
Transitioning to $SPONGEV2 involves withdrawing the original $SPONGE stakes and staking them in new V2 contracts, which is irreversible but offers high APYs of 21%.
Plus, with Sponge’s upcoming Play-to-Earn racing game, you can earn $SPONGEV2 by competing online, making it one of 2024’s most high potential altcoins.
8. SpacePay – Next-Gen Payment Altcoin Backed by a London Fintech Startup
SpacePay ($SPY) made our best altcoins for 2024 list because of its rapid growth and innovative decentralized NFC payment protocol, which simplifies crypto transactions for everyday retail use through an easy-to-use APK.
You can pay with a range of digital assets, while merchants receive funds directly in their local currency.
Blockchain | Ethereum |
---|---|
Ticker | $SPY |
Total Supply | 34 billion |
Presale Supply | 6.8 million |
Current Price | $0.002215 |
One reason it ranks among the top altcoins to buy is its monthly airdrops of $SPY tokens to the most active users. If you hold a $SPY token, you can participate in voting programs and access quarterly webinars with the leadership team. On top of that, the team behind SpacePay plans to introduce its crypto NFC payment solution to over 4.5 million devices across 9 countries by the end of 2024.
The presale has already raised almost $600K. If your interest has been piqued, check out their whitepaper and subscribe to their Telegram channel.
9. Race to a Billion – Top Altcoin to Invest In, Combining Blockchain With Sports Betting
Formerly known as Billion Dollar Jackpot, Race to a Billion ($RACE) is one of the best altcoins to invest in right now. It’s changing the game when it comes to predicting outcomes of simulated meme coin races.
Everything runs on smart contracts, which manage everything from creating the races to processing the results. The goal is simple: give you the chance to predict virtual race outcomes, with all the action happening on a fully decentralized platform.
Blockchain | Ethereum |
---|---|
Ticker | $RACE |
Total Supply | 2.5 billion |
Presale Supply | 1 billion |
Current Price | $0.00815 |
Early buyers can stake $RACE tokens for an annual APY of 3,011%. Of the 2.5 billion $RACE tokens, 40% are available in the presale at a discounted price of $0.00815.
Check out their whitepaper and join their Telegram channel to learn more.
10. Ethereum – The Best Altcoin to Buy Now and Always
Ethereum ($ETH) is one of the most well-known altcoins, with a market cap of over $405 billion. It also has a large trading volume of over $51 billion. Ethereum runs on its own blockchain and, following the Ethereum Merge, now uses a Proof-of-Stake (PoS) consensus, which allows you to stake your tokens. Many analysts see Ethereum 2.0 as a major upgrade that boosts security, scalability, and sustainability.
What investors find most appealing about Ethereum is its smart contract functionality, which enables developers to create and run agreements written directly into code. This supports the development of NFTs, decentralized apps, and other DeFi projects.
Blockchain | Ethereum |
---|---|
Ticker | $ETH |
Circulating Supply | 120.31 million |
Current Price | $2,807 |
If you invest in Ethereum, you’ll benefit from a massive and active community and ongoing technological enhancements. The price reached its all-time high in 2021 at around $4,800. Its price is currently at $3,368, making it one of the best altcoins to buy now.
11. Tether – One of the Top Altcoins to Buy in 2024, Built on Many Leading Blockchains
Tether ($USDT) was launched in 2014 and is the first and most popular stablecoin. It smooths out price fluctuations to attract the attention of usually cautious investors.
Today, Tether tokens are the most widely adopted stablecoins throughout popular exchanges, wallets, and OTC desks. They are built on several leading blockchains, including Celo, Algorand, Cosmos, EOS, Liquid Network, Tezos, Ethereum, Solana, Tron, and Ton.
Blockchain | Multi-chain |
---|---|
Ticker | $USDT |
Total Supply | 122.84 billion |
Circulating Supply | 121.95 billion |
Current Price | $1 |
You can use $USDT for transactions in traditional currencies, leveraging blockchain technology to reduce the volatility and complexity often associated with digital currencies. Most crypto exchanges offer trading pairs with USDT and other cryptos, like ETH and BTC, so traders can easily exit their crypto positions in times of market downturns.
12. Solana – Best Altcoin for 2024 With High-Speed Performance and a Unique Consensus Mechanism
Solana launched in 2017 as a decentralized blockchain platform, and it has since become popular because of its low fees and high transaction speed.
Solana is referred to as the “Ethereum Killer” as it processes more transactions than Ethereum: over 50,000 transactions per second. It uses an innovative Proof-of-History mechanism, and $SOL is used for network fees and transactions.
Blockchain | Solana |
---|---|
Ticker | $SOL |
Total Supply | 587.94 million |
Circulating Supply | 471.56 million |
Current Price | $259.06 |
Solana’s roadmap includes crypto app stores, phones, and a Google Cloud partnership, making it even more appealing to investors and potentially driving the price up in the future. The platform has become even more popular because of the rise of many Solana-based meme coins.
It’s expanding rapidly and supports many applications, like gaming, DeFi, and NFTs. At the time of writing, the price of Solana is $259.06, making it one of the top altcoins for the next bull run.
What Are Altcoins?
Altcoins refer to any cryptocurrency that isn’t Bitcoin. There are thousands of altcoins, ranging from small-cap coins worth a few thousand dollars to those with multi-billion dollar market capitalizations.
Most altcoins have no proprietary blockchain and often operate on networks like Ethereum as ERC20 tokens. However, some top altcoins have their own networks, such as XLM on Stellar and MATIC on Polygon. Each altcoin serves a specific purpose, like ETH for paying Ethereum transaction fees and LINK for deploying Chainlink Oracles.
Do altcoins outperform Bitcoin, though? Altcoins often offer higher upside potential since Bitcoin has already experienced significant growth, with a market cap over $500 billion. If you’re looking to diversify in the cryptocurrency market, altcoins provide a more affordable option than Bitcoin.
Types of Altcoins to Buy
Many altcoins serve various functions and purposes. Here are some of the most common types of crypto altcoins:
- Stablecoins – Minimum volatility is achieved by pegging their value to a reserve asset like the US dollar.
- Utility Tokens – Provide access to a product or service within a blockchain ecosystem.
- Security Tokens – Represent ownership in a real-world asset or company subject to federal securities regulations.
- Governance Tokens – Grant holders voting rights in a blockchain project’s decision-making processes.
- Meme Coins – Originating as internet jokes or memes, these coins often rely on community engagement and social media buzz.
- Privacy Coins – Focus on providing enhanced privacy features for transactions.
- Payment Tokens – Intended to be used as a digital currency for buying goods and services.
- Exchange Tokens – Issued by cryptocurrency exchanges, often used to pay for trading fees or other exchange-related services.
- DeFi Tokens – Power decentralized finance platforms, offering services like lending, borrowing, and trading without intermediaries.
How Many Altcoins Are There?
The exact number of altcoins in the market is still unclear. Since cryptocurrencies don’t trade on centralized exchanges like stocks, there’s no single database to track them accurately.
- That being said, according to Coinmarketcap, there are over 25,600 cryptocurrencies in existence.
- For instance, CoinMarketCap previously offered pricing data on over 23,000 altcoins. This suggests that many altcoins have since been delisted.
- This will happen if the altcoin project is deemed ‘dormant’, for example, which is what happens if it isn’t attracting any trading volume or is simply a scam.
On DexTools, a site that tracks cryptocurrencies listed on decentralized exchanges, there are over 2.1 million altcoins listed, but the majority are inactive with no trading volume or liquidity.
What Are the Benefits of Investing in Altcoins?
Let’s explore some of the main benefits and reasons why you should invest in the top altcoins of 2024.
What Are the Risks of Investing in Altcoins?
Investors should make sure that they understand the risks of investing in altcoins before making any financial commitment.
Here are some of the main risks involved in buying altcoins:
What to Consider and How to Choose the Best Altcoins to Invest In
Selecting the best altcoins to buy can be challenging, especially for beginners. In the following section, we will discuss some best practices for building a diversified portfolio of altcoins.
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Social Media and YouTube Analysts With Proven Track Records
YouTube is a great resource for finding the best altcoins to buy. Reputable analysts cover both large-cap altcoins through technical analysis and fundamentals like news developments.
Altcoin Daily, with over 1.49 million subscribers, covers trending altcoins such as Ethereum, Polygon, XRP, and Cardano.
For micro-cap altcoins and presales, Jacob Bury’s channel is highly recommended, with 43.4K subscribers and a strong track record. Social media can be a great way to determine how investors feel about a project and whether it has a strong community. While metrics such as followers can be artificially boosted, it is far more challenging to fabricate an engaged community that interacts by commenting and sharing content. These are critical factors to consider when identifying the top altcoins for 2024.
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Look for Altcoins on DexTools and on CoinMarketCap Trading at Discounts
Some of the best altcoins to buy are established cryptocurrencies currently trading at bear market discounts. To find these, visit CoinMarketCap and look at mid-to-large altcoins with solid use cases, such as Ethereum, Tether, Solana, Polygon, and Chainlink.
On CoinMarketCap, check the ‘All-Time High’ section on the left-hand side of an altcoin’s dashboard. This shows the altcoin’s peak price, the date it was achieved, and the percentage decline from this high based on current prices.
DexTools is also useful for finding the best altcoins to buy, especially smaller-cap altcoins on decentralized exchanges like Uniswap and PancakeSwap. It offers more features and customization than CoinMarketCap.
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Look for Altcoins With Genuine Utility
It’s better to look for altcoins that focus on providing a useful service or product instead of offering high returns based on hype alone. These altcoins will always have a demand, regardless of hype or market conditions, making them safer long-term crypto investments.
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Analyze the Altcoin’s Whitepaper
One of the most effective techniques for evaluating projects is thoroughly reviewing their whitepapers. If a cryptocurrency makes many promises without explaining how they will be achieved, it’s best to steer clear. The best altcoins to buy have a well-written whitepaper explaining the project background and future plans.
Where to Buy Altcoins and When to Trade Them
To succeed in the altcoin market, you need to know where to buy and when to trade. Picking the right platform is key for both security and getting access to a wide variety of altcoins. Plus, understanding market trends and trading strategies can help maximize your investment returns.
Where to Buy Altcoins?
Here’s how you can decide where to buy altcoins:
- The best place to buy altcoins will depend on where the tokens are listed.
- For example, established altcoins like Tether and Ethereum can be purchased on just about any crypto exchange.
- New and small-cap altcoins might only trade on decentralized exchanges, such as Uniswap (ERC20) and PancakeSwap (BEP20).
- When you invest in an altcoin presale, you’re buying tokens directly from the project’s website, often in exchange for a new cryptocurrency like $WOBS Token.
When to Sell an Altcoin Investment?
Knowing when to sell an altcoin can be tough, especially not just during market rallies but also when prices start to drop.
- The best course of action is to set clear exit strategies before buying an altcoin
- Ask yourself these questions: Are you planning to hold the altcoin long-term, or are you aiming for a quick profit? This can help you set a realistic target price.
- If your altcoin investment continues to increase in value, it’s worth cashing some of your profits out. This will make sure that you make a return even if prices begin to decline.
- On the flip side, it’s also wise to set up stop-loss orders when buying an altcoin. For example, you might consider cutting your losses if the altcoin declines by 20%.
- It’s equally important to stay updated on the project’s progress, including roadmap milestones and any news developments. Keep an eye on the overall sentiment in the altcoin market to make sure you don’t miss out on any valuable insights.
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In-House ExpertsSo What’s the Best Altcoin for 2024?
Now that you’ve identified the best altcoins to buy, you can make a more informed decision about which one to choose. There are a lot of factors that play a role in whether a cryptocurrency will succeed. We suggest focusing on projects that offer stability, real utility, and have a strong user base.
According to our expert opinion, Pepe Unchained stands out among all of these options as the best altcoin to buy now.
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