While the market begins its ascent, traders are on the hunt for the next big cryptos to buy now for excessive growth throughout 2024.
Most of the industry believes we’re sitting at the start of the largest bullish year in its history, and investors are looking for what they think will be the next big cryptocurrency in 2024.
With hundreds of thousands to choose from, we’ve nailed down five of the best cryptos to buy now in 2024.
We’ve covered all bases, including tokens with huge market caps, projects with great utility, and newly emerging projects causing a buzz and potentially delivering 100x returns.
1. Dogecoin20
Dogecoin20 ($DOGE20) is a newly emerging Doge-related meme coin that's created a buzz within a few days of launching.
The project pays homage to the legendary Dogecoin meme coin, bringing exciting new features, a more environmentally friendly design, and curated tokenomics for long-term sustainability.
Dogecoin20 turns Dogecoin's problems upside down. Instead of using the energy-intensive proof-of-work algorithm, it utilises the environmentally friendly proof-of-stake mechanism.
It also provides a maximum token capacity, removing the infinite inflation $DOGE experiences through mining.
Best of all, Dogecoin20 allows its holders to earn a passive income through staking. The team allocated 15% of the total $DOGE20 supply to provide rewards for two years, with most of these distributed in the first year.
Overall, Dogecoin20 entered the market to fanfare and is expected to be one of the next big cryptocurrency projects in 2024.
Buy $DOGE20 today.
2. Smog Token
Smog Token ($SMOG) is one of the trending newly emerging meme coins to buy now. It’s touted as one of the next big cryptocurrencies for 2024 due to its hugely hyped incoming airdrop, anticipated to be the biggest airdrop in the history of the Solana network.
$SMOG was launched through a fair distribution launch on Jupiter DEX, providing an equal chance for everybody to get positioned at the same price point. The token provides a unique utility that allows holders of $SMOG to earn airdrop points to be eligible to participate in the incoming airdrop.
Token holders can accumulate additional airdrop points by participating in the Zealy campaign, which requires users to complete specific tasks related to the project to earn points. The reception from the Zealy campaign demonstrates the extraordinary appeal for the $SMOG airdrop after 600,000 quests have been completed.
Smog Token also went multi-chain in February 2024, bringing $SMOG to Ethereum through Wormhole and allowing $ETH holders to get positioned.
With a historic airdrop incoming, $SMOG is definitely one of the next big cryptos for 2024. The token can be bought on the project’s website for a 10% discount. Alternatively, it can also be purchased on Jupiter DEX using $SOL.
Buy $SMOG today.
3. Scotty the AI
Scotty the AI ($SCOTTY) is also one of the best cryptos to buy now, with its AI integration set to provide exceptional growth in 2024.
Scotty the AI is a meme coin project centred around AI that intends to provide cutting-edge AI-powered solutions that help to advance security, fraud detection, and risk mitigation for traders in the crypto space.
The meme coin project is based on the Scottish Terrier dog breed, known for its incredible intelligence and unwavering loyalty.
Scotty the AI already has two products that provide utility for the community, making this the perfect investment before the token launches.
The first product is Scotty Swap, an advanced trading DEX that brings professional order types to the decentralised world. The AI integrated into Scotty Swap ensures every trade is optimised for maximum gains. The second product is Scotty Chat, an AI-powered chatbot that extracts deep insights from on-chain data to be shared with the community, helping users stay on top of newly emerging trends.
Overall, Scotty the AI is a newly emerging crypto to buy now, with room for accelerated growth through 2024. The $SCOTTY token can be purchased on the project’s website using $ETH, $USDT, or a credit/debit card.
Buy $SCOTTY today.
4. Chainlink
Chainlink is one of the largest utility projects in the industry right now and is primed for continued growth throughout the rest of the year.
Chainlink is an essential infrastructure ecosystem for the entire cryptocurrency industry, with hundreds of the top-ranked platforms using its Oracle integrations at the heart of their projects.
The Chainlink oracle helps protocols gather off-chain data to be delivered into on-chain smart contracts to execute specific functions. It essentially connects closed blockchain ecosystems with the outside world, allowing them to use real-world data in the protocol.
Chainlink powers all the top protocols by providing price feeds, weather data, sports results, and any type of offline data you can imagine. The protocol has also been utilised by US-based ETFs to integrate its proof-of-reserve feed into their systems.
With such an important utility in the industry, Chainlink has cemented itself as one of the best cryptos to buy now.
5. Uniswap
Uniswap is one of the largest DeFI platforms in the world and is the pioneer behind seamless token swaps in the cryptocurrency sector. It allows crypto traders to exchange their tokens without registering or going through a centralised service.
Uniswap is an Automated Market Maker (AMM) that allows users to swap tokens on-chain easily in a decentralised manner. The protocol lets users deposit liquidity into specific pools, which other users can then use to trade with.
Those providing liquidity earn transaction fees as rewards, incentivising them to keep their liquidity locked. Those depositing their liquidity also earn an APY on their assets, providing an avenue for consistent passive income.
The platform has become the go-to hub for newly emerging projects to launch their tokens, making it the perfect infrastructure play to get positioned on in 2024.
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