If you’re looking for the best altcoins to buy right now, you’ve come to the right place. After extensive research, we found top altcoins with the potential for high returns.
This guide will explain what makes these altcoins unique and why we chose them. In addition, you’ll find a segment in which we’ll show you how to choose the best altcoins to invest in 2024.
- Fast and efficient transactions thanks to the Layer 2 implementation
- Staking awards doubled
- Lower gas fees than with Layer 1 one transactions
BNB
ETH
USDT- +1 more
- Wide array of slots, games, and sports betting options
- Engage in the casino games and earn $MEMEBET tokens through wagering airdrops and rewards
- 70% of total supply allocated to presale
- ETH
- USDT
Card
- Stake top meme coins to earn $STARS tokens as rewards
- A potential 3X bonus when holding $STARS tokens
- Stake $STARS tokens for substantial rewards
- ETH
- USDT
-
Card
- FLOCKERZ empowers users through a unique revolutionary Vote-To-Earn platform, where your voice directly influences the project's direction
- It is a truly decentralized project where every voice can be heard, allowing users to participate in decision-making
- By joining the presale early, you can earn significant rewards, with 25% of the token supply reserved for staking $FLOCK tokens
- ETH
- USDT
-
Card
- +1 more
- Lucrative staking rewards program with a massive APY
- It's a governance token with community at the centre
- Raised over $100,000 in just a few days
- ETH
- USDT
- Join the $2,250,000+ airdrop for casino players with $DICE
- $DICE holders can enjoy 25% revenue share for referring new users to the platform
- Earn daily rewards based on casino performance with $DICE
- USDT
SOL- ETH
- +1 more
- Price surged 10x in the last month
- Over 13k current holders
- Meme coin trending with P2E utility and lucrative staking rewards
- ETH
- USDT
-
Card
- Earn passive rewards while celebrating the legacy of Dogecoin
- Seamlessly add Doge2014 in your EVM wallet such as MetaMask
- Secure and transparent staking on Ethereum's blockchain
- BNB
- ETH
-
Card
- Launching on 4.5 million devices and in nine countries in 2024
- Fully compliant with regulatory standards
- Unmatched cost efficiency
- BNB
- ETH
- USDT
- +5 more
- One-stop platform that caters to the needs of both experienced traders and newcomers
- Diverse range of asset classes available, including cryptocurrencies, equities, FX, and CFDs
- Strong security measures, including non-custodial storage solutions and onchain verifications
- ETH
- USDT
- BNB
- +3 more
- Earn by joining the F1 racing prediction market
- Use $BDJ to enter new races and claim exclusive rewards
- Participate in the end-of-season jackpot
- BNB
- ETH
- USDT
- +1 more
- The first ever AI power crypto casino offering airdrops and games
- All presale buyers can earn up to 50% site credits and daily staking rewards
- All #HPLT holders get a share of the profits through the official casino
- BNB
- ETH
-
USDC
- 100% bonus limited for the early investors
- Strategic burning of millions of tokens yearly
- Fully secure and audited
- ETH
-
USDC
- USDT
- JetBolt offers AI-powered, daily curated crypto news and insights
- A cryptocurrency with no gas or transaction fees
- It rewards the most active community members through its staking platform
- Introduces a non-custodial, easy-to-integrate web wallet solution
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Card
- ETH
- BNB
- +3 more
Top Altcoins to Invest in Right Now
Best Altcoins to Buy — Reviewed
There are over 17,000 altcoins on the market. The growth and maturation of the crypto sphere have led to a wider range of possible use cases for altcoins and their respective blockchain networks, making the choice of the best altcoins to buy today more significant.
Here’s a detailed analysis of top altcoins to buy now and why we think they are a good choice.
1. Pepe Unchained — The Best Altcoin to Buy Now Offering Impressive Staking Rewards
Blockchain: Ethereum Layer-2 Token symbol: $PEPU Current Price:$0.00981
Why is Pepe Unchained the best altcoin to buy now?
- Impressive staking rewards
- Layer-2 technology
- Meticulous roadmap
Have you heard about Pepe Unchained ($PEPU), a substantiation upgrade from Pepe that provides enhanced security, speed, and scalability? It is among the best altcoins to buy right now featuring a Layer-2 technology, a framework built on top of the Layer-1 blockchain. The new technology prevents the issues commonly found with Layer-1 blockchain, such as high fees and slow transaction speeds, making it one of the altcoins to watch.
Pepe Unchained has a total supply of eight billion tokens, 20% of which is allocated to the presale. Moreover, 30% is distributed to staking, 20% to marketing, and 10% each to liquidity, chain inventory, and project finance. You can purchase $PEPU at the current price of $0.00981.
This top altcoin has a three-step roadmap, with each step supporting sustainability, growth, and community rewards.
2. Membet Token — One of the Altcoin Projects Allowing You to Bet With Meme Coins Directly on Telegram
Blockchain: Ethereum Token symbol: $MEMEBET Current Price: $0.0252
Why is Memebet Token the best altcoin to buy now?
- Betting with meme coins directly on Telegram
- Excellent high airdrops
- Crypto degen rewards
Memebet Token is the Memebet Casino’s native token, and one of the best alt coins today. The casino targets the elite meme degen community and has the goal of transforming the online crypto and Telegram casino space, allowing users to bet with meme coins on Telegram.
On the casino, users can meet other enthusiasts on a specialized chat, pocket P2E casino rewards, gamble their meme coin fortunes, play its global sportsbook, and enjoy over 1,000 live casino games.
By buying $MEMEBET, users can earn crypto degen rewards, exclusive benefits, and play-to-earn airdrops. More specifically, they can earn airdrops in two ways: wagering in the casino, to which 20% of the total token supply is dedicated, and liquidity, to which 10% is dedicated. The biggest part (70%) is for the tokens’ ongoing presale.
Even though the project has just launched, it has already raised $246k. Membet Token’s roadmap consists of five stages, with the last announcing a perpetual trading Game.
3. Crypto All-Stars — A Crypto Platform That Unifies the Most Popular Meme Coins Through Its Revolutionary Staking Protocol
Blockchain: Ethereum Token symbol: $STARS Current Price: $0.00145
Why is Crypto All-Stars the Best Altcoin to Buy Now?
- You can triple your rewards by holding $STARS tokens
- A revolutionary staking protocol called the MemeVault
- You can stake 11 popular meme coins to earn $STARS tokens
Crypto All-Stars is probably one of the best altcoins to invest in now for several reasons. First of all, this project can be described as the crème de la crème of meme coins that aims to unify popular memes into a single platform. To accomplish that, its developers created a unique staking system called the MemeVault. This system will enable investors to stake 11 meme coins, like PEPE, SHIB, and DOGE, to earn $STARS tokens. $STARS holders will then be able to triple their staking rewards, whose APY is currently 1076%.
Secondly, this altcoin raised over $912k so far, which shows that it could end its presale on a high note. This makes it an ideal investment for crypto degens. The price of the $STARS token currently stands at $0.00145. However, its value will increase in each subsequent presale stage.
4. Flockerz – The Next Big Altcoin With Impressive Staking Rewards
Blockchain: Ethereum Token symbol: $FLOCK Current Price: ~ $0.00558
Why is Flockerz the Best Altcoin to Buy Now?
- Impressive staking rewards of 64,688%
- Vote-to-Earn mechanism
- Flockerz provides a comprehensive three-step roadmap
Flockerz is a new crypto project focusing primarily on the community. This DAO-based project provides a Vote-to-Earn mechanism, allowing users to have a say about project-related decisions and gain rewards while doing it. The team behind the project believes that it’s the community that should rule and not a single authority figure.
Investors can buy $FLOCK tokens during the presale, which started days ago and has already raised more than $380,000. The presale is expected to be highly successful and will happen in many stages, each showing a price increase. 20% of the total supply of tokens, translating to 20 million tokens, has been allocated to the presale.
Users can also stake their tokens, with rewards distributed at 684.93 tokens per ETH block. Moreover, the staking rewards have an APY of 14,560%.
5. Shiba Shootout — Wild West-Inspired Altcoin That Raised $4,000 in Less Than 24 Hours
Blockchain: Ethereum Token symbol: $SHIBASHOOT Current Price: ~ $0.0203
Why is Shiba Shootout the Best Altcoin to Buy Now?
- Utility and referral program that earns you tokens and the friends you refer
- Meme coin with high speculative value
- Could benefit from changing market sentiments
Shiba Shootout started its presale on April 9, 2024. This unique Western-based altcoin raised almost $4,000 in less than a day, which shows that it could have a big impact on the crypto community.
That’s why its developers divided Shiba Shootout’s roadmap into three phases, hoping to attract 100,000+ holders. They also plan to enter community partnerships and list the $SHIBASHOOT token first on CoinGecko and Coinmarketcap, then on CEXs and T1 exchanges.
Besides its captivating theme, this altcoin also offers utility. Token holders can earn rewards and bonuses by participating in the Lucky Lasso Lottery and the referral program. Moreover, early investors can earn attractive staking rewards distributed over a two-year period at a rate of 125.5 $SHIBASHOOT tokens per ETH block.
6. Mega Dice — Top Altcoin by Fast-Growing Casino Brand With Over 50k Players Globally
Blockchain: Solana Token symbol: $DICE Current Price: ~ $0.116056
Why is Mega Dice the Best Altcoin to Buy Now?
- Fully-functioning casino and sportsbook
- $DICE holders who stake will earn a share of the casino profits
- Multiple airdrop seasons offering substantial rewards
Mega Dice offers instant accessibility by integrating with Telegram, eliminating the need for extra downloads. It ensures safe gaming experiences. Real-time community engagement fosters continuous interaction and feedback.
The $DICE token goes beyond currency — its utility extends to partner platforms, services, and potential future integrations.
The current price of this top new altcoin stands at only $0.116056. If you invest early, you might be one of the lucky recipients of airdrop tokens, which will be delivered in four stages.
The presale supply is limited to 35% of the total supply or 147 million tokens.
7. Sponge V2 — The Successor to the Sponge V1 Token With the Potential to Outgrow It
Blockchain: Ethereum, Polygon Token symbol: $SPONGEV2 Current Price: ~ $0.000041
Why is SpongeV2 the Best Altcoin to Buy Now?
- Features Stake-to-bridge system
- Over 13k current holders
- Offers amazing returns for early buyers
Sponge V2 ($SPONGEV2) is the successor of the popular Sponge V1 meme coin, which has so far raised $28 million. While the V1 token operates on Ethereum, the V2 token will run on Polygon to facilitate faster transactions, lower costs, and enhance security. This shift to Polygon was also made so Sponge could deliver a decentralized P2E game.
This project’s roadmap includes three stages, and the $SPONGEV2 token is set to launch soon. Sponge V2 uses stake-to-bridge consensus, which means that Sponge V2 tokens can be obtained only by staking Sponge V1 tokens. The total supply of $SPONGEV2 is 150 billion tokens, of which 43.09% go to staking rewards.
If Sponge V2 reaches a $100 million market cap by the end of 2024, its value could jump much higher than its predecessor.
8. Doge2014 — One of the Altcoins With Most Potential, Offering 60 Billion Tokens at Presale
Blockchain: Ethereum Token symbol: $DOGE2014 Current Price: $0.000312
Why is Doge2014 the Best Altcoin to Buy Now?
- Great stake-to-earn rewards
- Easy wallet integration
- Community-driven initiative
If you wonder what altcoins to buy now, consider Doge2014. It is a tribute to the legacy of the well-known Dogecoin and the community that has supported it over the last ten years.
You can buy Doge2014 by following some simple steps: connecting your wallet, participating in the presale, and claiming the tokens when the presale ends.
This ERC20 token allows its users to engage in transparent and secure staking, earning rewards even during the presale. The reward distribution will occur at a rate of 5,708 Doge2014 tokens per Ethereum block.
There is a total token supply of 100 billion. 60% of these tokens are reserved for the presale, 5% for marketing, 25% for staking, and 10% for liquidity. The project also offers a meticulous four-phase roadmap.
9. SpacePay — Empowering Merchants With Next-Gen Payments and Consumers With 325 Wallet Options
Blockchain: Ethereum Token symbol: $SPY Current Price: $0.00191
Why is SpacePay the Best Altcoin to Buy Now?
- Provides a decentralized, terminal-agnostic payment protocol
- Secured $750,000 from Private Investors
- Holders can get a share of the platform’s revenue, exclusive access to webinars, and voting power
$SPY is a multi-utility altcoin designed to bridge the gap between fiat and crypto transactions. How? By providing a decentralized, terminal-agnostic payment protocol that will facilitate transactions and reduce costs.
SpacePay also utilizes volatility protection mechanisms. This means that merchants will get the fiat amount they agreed upon regardless of the current price of the cryptocurrencies at the time of transaction. Likewise, this platform is compatible with 325+ crypto wallets and all Android POS terminals.
SpacePay, to become a decentralized alternative for card payments, will integrate its software with card machines.
As mentioned above, this altcoin has multiple use cases. Its holders will be able to get a share of the platform’s revenue, exclusive access to webinars, and voting power. The most active members will get rewarded via loyalty airdrops.
10. DTX Exchange — The Best Altcoin for Professional Traders With Many Use Cases and Utility
Blockchain: Ethereum Token symbol: $DTX Current Price: ~ $0.06
Why is DTX Exchange the Best Altcoin to Buy Now?
- Before it launches on major exchanges, its value will be 300% higher than its current price
- Early investors will be able to join the $1M giveaway
- Token holders will get access to premium features and loyalty rewards
If you want to buy altcoins that have a multi-utility nature and several use cases, DTX Exchange has got you covered. This decentralized exchange offers access to more than 120 assets that come with up to 1000x leverage. It also enables its members to use their native token to get access to premium trading features and loyalty rewards.
This altcoin is currently in the second presale stage, during which it raised over $2 M. Its present price is $0.06, while its value in the next stage will be $0.08. Before it launches on major exchanges, the price of the $DTX token will amount to $0.12, which means that its value will jump by 300%.
Early investors will be able to buy 237,500,000 tokens during the presale, which is 50% of its total supply. They’ll also be able to join its $1M giveaway.
11. Race to a Billion — One of the Most Promising Altcoins With an Innovative Concept
Blockchain: Ethereum Token symbol: $BDJ Current Price: ~ $0.00795
Why is Race to a Billion the Best Altcoin to Buy Now?
- Impressive staking rewards
- Large presale allocation of 1 billion
- Comprehensive roadmap
Race to a Billion is another example of an altcoin and a top-notch blockchain platform that transforms every race into a dynamic adventure. It allows users to predict the outcomes of the F1 race using $BDJ.
The project’s presale has been successful so far, raising $178k and allowing early investors to buy tokens at a really low price – $0.0079. So, this may be the best time for them to buy the tokens.
The buying process includes participating in the presale, staking $BDJ for rewards, and claiming the tokens.
Race to a Billion offers a comprehensive roadmap consisting of five phases. The second phase announces the listing of $BDJ on major CEXs.
There’s a total token supply of 2,500,000,000 $BDJ tokens, and believe it or not, 1 billion tokens are reserved for the presale. Moreover, 500 million tokens go for staking, while ecosystem, marketing, development, and liquidity each get 250 million tokens.
12. Hypeloot – Altcoin That Aims to Revolutionize the Online Gambling Industry Through AI and Daily Staking Rewards
Blockchain: Ethereum Token symbol: $HPLT Current Price: ~ $0.12
Why is Hypeloot the Best Altcoin to Buy Now?
- It offers profit sharing as soon as the presale ends
- the most rewarding token mechanics and features
- Hypeloot ($HPLT) supports different staking pools
Hypeloot is an AI-powered crypto casino that started operating in 2022. Its current user base counts over 170,000 members, which could increase significantly after its native token, $HPLT, is released.
$HPLT is a utility token, and token holders can earn daily rewards by locking their tokens into the Hypeloot staking pool.
This project raised over $2 million even though its presale started only two months ago. During the presale, investors could buy 40 million tokens, while the total supply is capped at 100 million.
Early buyers will be able to get 165 Hypes NFTs, which will enable them to access exclusive staking pools.
Its roadmap consists of four stages during which $HPLT will get listed on centralized exchanges. Its developers also plan to bridge $HPLT to major blockchains.
13. Baby Sinclair — An Innovative AI Crypto Project With an Impressive Roadmap
Blockchain: Ethereum Token symbol: $CLAIR Current Price: ~ $0.0198
Why is Baby Sinclair the Best Altcoin to Buy Now?
- Built on the Ethereum blockchain and powered by the most advanced AI technology
- Incorporates a burn system designed to potentially increase its value over time
- The largest portion (60%) is dedicated to rewards and burns
Baby Sinclair leads the charge when it comes to AI crypto projects among the best altcoins to buy right now. It’s not just about digital assets anymore; it’s about a whole new way of interacting with finance. This integration of AI brings predictive analytics and automation to the forefront.
Investing early in AI cryptocurrency brings big gains. $CLAIR sets itself apart with advanced AI and dynamic experiences. Its burn system aims to boost value over time. Community is also very important for this project, which is why Baby Sinclair fosters an active, informed ecosystem.
With 100 billion tokens, only 1% will be sold in the presale. Investors and the team will have tokens locked for 24 months, showing dedication. Most importantly, 60% goes to rewards and burns, ensuring a steady reduction in token supply.
14. JetBolt – One of the New Altcoins With Potential, Offering a Diverse Selection of Payment Methods
Blockchain: Skale Network Token symbol: $JBOLT Current Price: $0.0101
Why is JetBolt the Best Altcoin to Buy Now?
- Diverse selection of payment methods
- Zero gas fees
- Lightning-fast transactions
JetBolt is an innovative platform built on the Skale Network. It provides lightning-fast transactions, zero gas fees, a seamless Web3 wallet, AI-powered crypto insights, a staking platform, and more.
Developers can also use JetBolt’s streamlined wallet and zero-gas technology to generate many Web3 dApps, including socialFi applications, gameFi, and other applications involving tokens, NFTs, and more.
JBOLT users can take advantage of the market insights and news daily to be ahead of developments and trends.
Unlike other crypto projects that only offer a few payment methods, JetBolt allows its users to choose from a wide range of payment options, including a Card, ETH, BTC, SOL, BNB, MATIC, USDT, and USDC. The current cost of this ERC-20 token is $0.0101.
JetBolt rewards the most active community members. It encourages users to purchase at least $100 by providing a 5% token bonus. Of the total token supply, 40.3% is distributed to the presale, ending after all the presale tokens are sold.
15. Ethereum — An Altcoin With the Largest Market Cap
Blockchain: Ethereum Token symbol: $ETH Current Price: ~ $2,119.19
Why is Ethereum the Best Altcoin to Buy Now?
- Allowing for transparent and secure transactions without the need for intermediaries
- Most popular altcoin to buy today
- ETH uses PoS consensus, which enables staking
What is the next Bitcoin? Our bet is on Ethereum. Besides being an altcoin with the largest market cap — $303 billion — and a large trading volume of $11 billion, ETH is also much cheaper than BTC. At the time of writing, the price of ETH is $2,522.19 while it could reach $3,825 by the end of 2024.
In addition, like Bitcoin, Ethereum has its native blockchain. However, after the Ethereum merge, ETH started using PoS consensus, which enables staking.
Furthermore, Ethereum’s mainnet has many use cases, such as creating DeFi applications and NFTs.
Moreover, Ethereum developers plan to launch new updates later in 2024. A Prague/Electra upgrade will replace the Eth1 bridge system. All of these factors can contribute to Ethereum’s increase in price on the crypto market.
16. Solana – Best Altcoin for 2024 with One of the Fastest Blockchains
Blockchain: Solana Token symbol: $SOL Current Price: ~ $138,63
Why is Solana the Best Altcoin to Buy Now?
- Introduction of EUROe
- One of the fastest blockchains
- Collaborations with tech giants
Solana is a high-performance and one of the fastest blockchains, initially created as a challenger to Ethereum. It offers a developer-friendly infrastructure, a growing ecosystem, and increased adoption. It was developed to power DeFi, smart contracts, and apps. Solana runs on a hybrid proof-of-history and proof-of-stake mechanism in order to process transactions securely and quickly.
Solana has introduced the first Euro-pegged stablecoin, EUROe, in the decentralized space. The innovation facilitates access to DeFi opportunities and minimizes conversion fees for European users, leading to a wider DeFi adoption and enhanced liquidity in the Solana blockchain. Collaborations with giants like Amazon and Google further empower developers and improve Solana’s accessibility.
Another testament to Solana’s growing influence in the crypto sphere is the rising number of projects built on the blockchain, from lending platforms to decentralized exchanges. The platform supports many apps, such as NFTs, DeFi, and gaming.
17. Dogecoin – One of the Top-Performing Altcoins, Known for Its Mainstream Adoption of Online Payments and Purchases
Blockchain: Bitcoin Token symbol: $DOGE Current Price: ~ $0,094
Why is Dogecoin the Best Altcoin to Buy Now?
- The same network security as Bitcoin
- Easy to mine
- Accepted by many crypto-gaming sites and casinos
Dogecoin is the original meme coin. It started as a joke but soon became a prominent cryptocurrency thanks to its creative memes and a dedicated community. It is known for its mainstream adoption of online payments and purchases. Dogecoin was created using the open-source code from Litecoin, a fork of the Bitcoin blockchain.
Yet Dogecoin is different from Bitcoin as it doesn’t use BTC’s PoW protocol. Its total supply is uncapped, meaning there’s no limit to the number of $DOGE that can be mined.
Dogecoin’s mainstream adoption is on the rise. It is increasingly used for online purchases and is accepted by many crypto-gaming sites and casinos. Regardless of its volatility, Dogecoin witnessed an astonishing 200,000% price increase between 2014 and 2021. Its dedicated and strong community supports its ongoing popularity and resilience in the market, making it a notable crypto investment.
18. Binance coin BNB – Among the Top 10 Altcoins to Buy Now, Outperforming Ethereum Regarding Unique Addresses
Blockchain: Ethereum Token symbol: $BNB Current Price: ~ $499,74
Why is Binance coin the Best Altcoin to Buy Now?
- Strong integration with the Binance exchange
- A premier utility token
- Facilitating various dApps and DeFi projects
Binance Coin is one of the best cryptocurrencies to invest in because of its strong integration with the Binance exchange, which is the largest crypto trading platform worldwide. Still, users can use BNB outside the Binance exchange for payment processing, like booking travel arrangements, so it serves as a premier utility token.
BNB provides significant benefits, such as access to exclusive token sales via Binance Launchpad, reduced trading fees, and cashback on Binance Visa purchases. The token’s consistent adoption and extensive ecosystem make it a resilient investment choice.
The Binance Smart Chain facilitates various dApps and DeFi projects, boosting BNB’s market resilience and liquidity. BNB has outperformed Ethereum regarding unique addresses, pointing to its community support and increasing user base. This is a great choice for investors looking for growth and stability, as the coin’s integration with Binance guarantees continuous utility and relevance.
19. BTCBull — Best Altcoin for BTC Enthusiasts Who Want to Capitalize on the Upcoming Bull Run
Blockchain: Ethereum Token symbol: $BTCBULL Current Price: ~ $0,0005
Why is BTCBull the Best Altcoin to Buy Now?
- Staking rewards go up to 23500%
- Low token supply
- A chance to capitalize on the power of the bullish sentiment
The BTCBull presale started in August 2024, four months after the BTC halving. BTC halving events have always pushed the crypto market into a bullish sentiment. Why is this important? Because this altcoin aims to capitalize on BTC’s price jumps.
Namely, BTCBull developers will implement token burn milestones and airdrops to enable their holders to participate in BTC’s success engagingly. I.e., they’ll burn a portion of their native token, $BTCBULL, every time the BTC price rises by $10k. On top of that, once the BTC price reaches $100,000, 10% of its total token supply will be airdropped to early investors.
This altcoin can also be staked for rewards, whose APY is currently 6198%. The $BTCBULL token has a capped supply of 21 million, of which 10,500,000 tokens will be available for purchase during the presale.
20. The Wolf of Bull Street — Upcoming Altcoin That Will Suit Crypto Degens the Most
Blockchain: Ethereum Token symbol: $WOBS Current Price: TBA
Why is Wolf of Bull Street the Best Altcoin to Buy Now?
- Powers a no-limit DEX that will offer up to 200x leverage and the best pairs and rates
- $WOBS token holders will pay lower transaction fees
- 50% of its total token supply will go towards the presale
The Wolf of Bull St token is an upcoming altcoin that aims to improve the crypto trading game. This token will power a no-limit DEX that will offer the best pairs and rates and up to 200x leverage. The $WOBS token holders will also pay lower transaction fees once the WOBS DEX goes live, while liquidity providers will benefit from its airdrop.
Since the crypto market is very volatile, this altcoin will be most suitable for crypto degens who will be able to maximize their investments through staking rewards. The staking rewards will be distributed over two years at a rate of 3011.14 $WOBS tokens per ETH block.
This token has a total supply of over 69 quadrillion, of which 50% will be reserved for early birds, while 20% and 10% will go towards staking and liquidity.
What Are Altcoins?
What is altcoin? Altcoin is the term used for all digital coins that are not Bitcoin. That said, an altcoin can be considered a Bitcoin alternative since most are created by Bitcoin forking. For example, Litecoin was the first altcoin to emerge from the BTC fork. Yet, altcoins can also have native blockchains, such as Binance coin and Ethereum.
Different Types of Altcoins
What altcoins to buy? There are several types of altcoins to watch, each with its unique use cases:
- Payment tokens
- Utility tokens
- Security tokens
- Governance tokens
- Stablecoins
- Meme coins
How Do You Choose the Best Altcoins to Buy?
Altcoins typically track Bitcoin’s price movements to some extent. When Bitcoin’s price goes up, most altcoins also see price increases. During “alt season,” which usually comes after a surge in BTC’s price, some of the top altcoins tend to outperform Bitcoin.
Investing in altcoins benefits both beginners and experienced traders who want to diversify their portfolios. What is altcoins’ top potential for growth in the coming months? Increased adoption and innovation in the cryptocurrency market have the potential to drive significant growth in altcoins.
However, since there are more than 17k altcoins, finding the best altcoins for the next bull run can be very challenging. On that note, when choosing your preferred altcoin, pay attention to the following factors:
- Project fundamentals
- Development team
- Market position and historical performance
- Market capitalisation
- Trading volume
- Liquidity
- Partnerships and ecosystem
- Use cases
- Regulatory compliance and security
- Community support.
To come to the top altcoins for 100X gains, you ”ll need some altcoin investment strategies, such as:
- Risk management is crucial for traders. They must calculate the affordable risk for an investment and use a stop-loss order to limit losses in an unfavorable market.
- As prices rise, define realistic profit targets to secure gains and stick to them. A disciplined approach to profit targets can shield you from unexpected market downturns.
- Investing in various altcoins can diversify their portfolio and potentially reduce overall volatility.
- It’s crucial to stay updated on industry developments and conduct thorough research on the overall cryptocurrency market and grasp the current trends and dynamics when seeking the best alt coins to buy.
The Pros and Cons of Investing in Altcoins
Trading with any of the top 10 altcoins comes with numerous advantages and a few downsides. On that note, the main pros of investing in altcoins include:
On the other hand, investing in altcoins comes with the following risks:
We treat all of our investment suggestions with extreme caution and responsibility. Our team examines 12 distinct performance indicators when evaluating any digital asset we present to our readers. Here are the most important ones:Our Methodology for Ranking and Reviewing Crypto Assets
Conclusion
Now that you know how to find the best altcoins to invest in and which are our favorites, choose the one that best suits your investment strategies.
Keep in mind that the crypto market is very volatile. To reduce the risk of losing your capital, diversify your portfolio and never invest more than you can afford to lose.