The 11 Best Crypto to Buy According to Reddit in 2024

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Although cryptocurrency is typically more volatile than traditional assets, it reacts similarly to positive or negative sentiment online.

Social media applications play a pivotal role in the spread of this information. Reddit is a key player in this, comprising chat threads where community members can share opinions, post tips, and have open discussions about the best cryptocurrency to invest in.

Being such a powerful tool for investors, this article aims to provide insights on some of the best cryptocurrency to buy according to Reddit, with a wide range of different utilities, features and viral potential covered.

This month, we removed some older listings and added Sealana, Mega Dice Token and 99Bitcoins.

The best-trending cryptocurrencies on Reddit in 2024

Below is a list of some of the best-trending coins on Reddit. Our research team has scouted various popular Reddit threads, searching with coin tickers and hashtags to find information and community sentiment on the following crypto projects.

  1. Dogeverse (DOGEVERSE): Top trending cryptocurrency in 2024. Dogeverse is the first multi-chain meme coin. $13M raised on presale.
  2. Sealana (SEAL): South-Park inspired chubby seal with no staking or utility – just a Solana meme coin poised for explosive growth
  3. WienerAI (WAI): A new meme coin leveraging artificial intelligence to generate a crypto trading bot. Get up to 741% in staking yield.
  4. Mega Dice Token (DICE): Established, popular online casino now entering the blockchain world with $DICE, its new payment and reward token
  5. 99Bitcoins (99BTC): Established crypto education provider, now introducing a native token as part of a new “learn to earn” model
  6. 5th Scape (5SCAPE): new virtual reality gaming ecosystem. 5th Scape provides hyper-realistic environments for immersive digital experiences.
  7. Sponge (SPONGE): This meme coin did 100x upon launch in 2023. The new $SPONGE V2 has added staking utility and plans to launch the Sponge P2E Racer game.
  8. Smog (SMOG): Claims to be offering the greatest Solana airdrop of all time. It is a fair launch, multichain token on Ethereum and Solana.
  9. eTukTuk (TUK): Seeking to create a sustainable transport solution in developing nations. This project aims to roll out a fleet of eTukTuks and a network of power charging stations.
  10. Bitcoin (BTC): The market-leading crypto by market cap. Worldwide, $BTC is considered the new age ‘digital gold’.
  11. NEAR Protocol (NEAR): A highly scalable blockchain with high throughput and ultra-scalable for decentralized applications.

A closer look at the best crypto to buy according to Reddit

Our research team spent several hours researching each project and scouring Reddit to gauge the community sentiment. Below, we take a closer look at some of the cryptocurrencies to watch in 2024.

Please note that the following project reviews are based on community posts and information shared by Reddit users and in no way guarantees profits or investment returns.

1. Dogeverse (DOGEVERSE): New Doge-inspired token available across 6 blockchain networks

We have picked Dogeverse ($DOGEVERSE) as the best meme cryptocurrency, according to Reddit. This crypto token has been trending since it was the first Doge-themed coin to offer multi-chain compatibility. 

Using Portal Bridge and Wormhole technology, Dogeverse will be compatible with six blockchains. These include Ethereum, Solana, Avalanche, Polygon, Binance, and Base. Therefore, $DOGEVERSE token holders can pick the network offering the most security, scalability, and fastest transaction speeds. 

A breakdown of the dogeverse tokenomics model
Source: ValueWalk

This is also a trending cryptocurrency due to its passive income-earning opportunities. The $DOGEVERSE token can be staked on the smart contract to generate a high APY (Annual percentage yield). At the time of writing, you can stake $DOGEVERSE to earn a 75% APY. 

From a total supply of 200 billion tokens, 30 billion are being allocated for the presale. In just a few months since the presale launched, Dogeverse has raised more than $13 million. The project aims to raise a $17 million hard cap by the end of the presale.

At the time of writing, $DOGEVERSE is priced at $0.00031 per token. For more information, read the Dogeverse whitepaper and join the Telegram channel

Pros

  • Offers multi-chain compatability
  • Raised more than $13 million on presale
  • Get up to 75% in staking yield

Cons:

  • Meme coins can be volatile investments
  • Staking yield will decrease over time

2. Sealana (SEAL): Meme coin ticking all the boxes for explosive growth

Success in the crypto markets is all about capitalizing on trends, and with animal-themed meme coins on the Solana token standard proving hugely popular in 2024, Sealana is doing exactly that.

Indeed, with no additional staking or utility features, this new meme coin has arrived with the sole intention of delivering explosive growth for early investors.

A big part of the token’s appeal is its amusing, eye-catching protagonist – a “chubby” seal that has “whaled at his PC” in the hope of “finding the next Solana meme coin”. In addition, the animation style used for the seal is based on beloved comedy series South Park – a feature likely to draw further attention to the coin

A screenshot of the Sealana presale screen
Sealana presale – Source: Sealana

Things appear to be going to plan for the Sealana developers so far, with over $1 million raised in just a few weeks of presale. Tokens are currently available at a rate of $0.022, with $ETH $SOL $USDT and $USDC all available as payment methods.

Visit the official Sealana X (Twitter) and Telegram pages to find out more about the project and the ongoing presale.

Pros

  • Ticking several boxes for virality
  • Solana is recovering from congestion

Cons

  • No roadmap or whitepaper

3. WienerAI (WAI): The first AI-powered, dog-themed meme coin on the crypto market

The next cryptocurrency on our list is WienerAI ($WAI). This is a new meme coin that uses artificial intelligence to create a cryptocurrency trading bot. 

While WienerAI’s central figure features a charming sausage dog, this meme token offers real utility to $WAI token holders. To start with, token holders can access the WienerAI trading bot. 

A breakdown of the WienerAI tokenomics model
Source: ValueWalk

On this beginner-friendly and instant bot, users can enquire about the future price of various digital assets. The bot uses predictive algorithms to scan the markets for potential entry points. WienerAI will also provide the best available prices across the top decentralized exchanges. 

Furthermore, $WAI can also be staked to generate an annual yield of up to 741%. 1.39 billion tokens have already been staked on the smart contract. As more tokens are staked, the annual yield will decrease. 

From a 69 billion token supply, WienerAI is offering 30% of the tokens through the presale. At press time, $WAI is priced at $0.000704 per token. The presale has raised over $1.2 million in just a few weeks. Another 20% of the supply will be offered through staking rewards. 

Learn more about this cryptocurrency by reading the WienerAI whitepaper and joining the Telegram channel

Pros

  • Raised $1.2M since presale launch
  • Offers AI-powered trading signals
  • Get up to 741% annual yield through the staking mechanism

Cons:

  • Highly volatile investment
  • No platform features have released yet

4. Mega Dice Token (DICE): Popular online casino launches brand new cryptocurrency

With the world of crypto gambling becoming more popular by the day, established casino brand Mega Dice is seizing the opportunity, introducing a native token to its already thriving, decentralized platform.

Indeed, since its launch in 2023, the platform has amassed a dedicated community of more than 50,000 players and $50 million wagered every month. Now, to take the brand to the next level, users will be able to use the brand new $DICE token as a payment and reward method when playing one of the casino’s 4,000+ games.

A breakdown of the Mega Dice Token tokenomics model
Source: ValueWalk

Beyond this, Mega Dice Token holders will be entitled to a range of additional, exclusive benefits. Most notably, holders will receive daily rewards based on casino performance. In addition, a series of airdrops totaling more than $2 million in value will take place in the coming months —token holders must adhere to prescribed wagering volumes within a certain time period to be eligible.

$DICE has already raised over $1 million in the space of a few weeks, and the presale is still open. The price is currently $0.075, but this is set to increase shortly. To find out more and participate in the presale, visit the official Mega Dice Token website.

Pros

  • Earn passive income by holding $DICE tokens
  • Strategic Airdrop will reward early supporters, potentially boosting launch prices

Cons

  • Qualifying for the airdrop may be complex
  • Market conditions can affect the value of $DICE

5. 99Bitcoins (99BTC): Leading crypto education platform launches learn-to-earn offering

With play-to-earn becoming a major trend across the cryptocurrency space, 99Bitcoins has produced something similar, allowing users to earn digital tokens for completing courses.

Indeed, this established crypto education brand, “renowned for demystifying the world of cryptocurrency”, has opted to take its platform to the next level, introducing $99BTC to act as an incentive and reward mechanism. In other words, this is a play-to-earn ecosystem.

While the 99Bitcoins platform is extensive, the principle of $99BTC is simple – users are rewarded in tokens for engaging with the library of educational resources and completing courses. This model will be applicable to crypto enthusiasts of all levels, with everything from blockchain basics to advanced trading strategies covered.

A breakdown of the 99Bitcoins tokenomics model
99Bitcoins tokenomics – Source: 99Bitcoins

In addition to receiving $99BTC, there is a range of exclusive benefits on offer for token holders, including passive staking rewards, advanced training courses, exclusive events, and access to VIP community groups.

A testament to the unique and attractive nature of this project, $99BTC has already raised close to $1.5 million in its ongoing presale. Tokens are still available at a rate of $0.00105 – visit the official 99Bitcoins website to join the learn-to-earn movement.

Pros

  • Relatively new token standard
  • Anticipation of $BTC halving
  • Other blockchains have scalability issues

Cons

  • BRC20 is still an ‘experimental chain’
  • Large total token supply with only 15% allocated to presale

6. 5th Scape (5SCAPE): Virtual reality gaming and experiences in “hyper-realistic” environments

5th Scape is an emerging GameFi cryptocurrency project that is at the crossroads of VR gaming and immersive digital experiences.

The 5th Scape gaming realm will be compatible with the Meta Quest VR headset, however, the project aims to launch its own ‘Ultra VR Headset’ paired with the ‘SwiftScape VR Chair’, later in its roadmap timeline.

Our analysts highlighted that 5th Scape could be one of the best GameFi tokens in the VR gaming niche if the product proves to be of high caliber.

Similarly, one Reddit user spotlighted 5th Scape among 3 projects that they think ”will potentially fly to the moon”.

In the current presale round, the price of $5SCAPE is $0.00285, and you can swap either $ETH, $MATIC, $BNB, or, $USDT. 5th Scape also offers a card payment option, which requires you to complete a risk questionnaire to check your level of investment knowledge.

With its low price and high potential, our experts see 5th Scape as one of the best cryptos under a penny available this year.

However, we found that a user in the r/BonkCoin subreddit had some issues surrounding very high gas fees on the Ethereum network and queried about paying on a card.

In the thread, a user commented that 5th Scape potentially is a scam, as there is no beta release of their product. The original poster replied with a video of 5th Scape’s behind-the-scenes Fight Club trailer for the MMA Cage Conquest game, which can be viewed here.

Pros

  • Major recent developments in VR and Blockchain
  • Free basic lifetime access to the 5th Scape gaming realm
  • Crypto presale which is under a penny

Cons:

  • No beta version of the games
  • Proprietary hardware is not yet developed

7. Sponge (SPONGE): Previous 100x meme coin with over 50,000 holders

Sponge is back, having bridged over to its version 2.0 smart contracts. The Sponge token was one of the best meme coins of 2023, seeing an explosive 100x price surge.

Now, Sponge is making a return with added utility. Most notably, the project introduces staking on both the Ethereum and Polygon networks, with the latter offering over 350% annual rewards.

The team has also announced the development of the Sponge Racer play-to-earn game. The game will have both free and paid versions, with the paid version offering the possibility of earning $SPONGE rewards.

Our research team searched for the top Reddit posts on Sponge and found that one Reddit user shared news on ChatGPT’s price outlook for the project. According to the article, ChatGPT predicts that $SPONGE’s price could reach the $0.005 to $0.007 range if it successfully launches its P2E game and continues to attract more users while retaining token holders.

Another user posted a SolScan link questioning if this particular version of Sponge is legitimate. Our team established that there was no affiliation with Sponge token, as $SPONGE is only on Ethereum and Polygon networks. Our research team would like to highlight this scenario as a demonstration of why you should always do your own research on tokens.

Pros

  • Reached over 50K holders
  • Launching Sponge P2E Racer game
  • Under $100M market cap

Cons:

  • Traders may steer towards newer meme coins
  • The previous 100x doesn’t indicate future price

8. Smog (SMOG): Fair launch token which hit over 20x price increase

Smog is one of the biggest meme coins in 2024, having exploded in price during the March meme coin rally. This highly anticipated project claimed to give its community of token holders ”the greatest Solana airdrop of all time”.

One Reddit user confirmed in a post that they received an airdrop of $SMOG tokens, with other users saying that they have also received $SMOG in their Phantom Wallet. Another user post questioned if the airdropped $SMOG token they have received is legitimate, asking for community opinions.

$SMOG was fair launched on Jupiter DEX in February 2024. The price quickly reached highs of $0.08 and then found support at the $0.05 range. During the Solana meme coin frenzy in March, $SMOG had a major price run, reaching its all-time high of $0.37.

Currently, $SMOG is floating around the $0.15 range and could be set for another explosive rally if the Solana meme hype is reignited.

Pros

  • Receive airdrops for holding $SMOG
  • Possibility to see a major price run in the meme coin rally

Cons:

  • Meme coins tend to be more volatile
  • No guarantee of project longevity

9. eTukTuk (TUK): Aiming to develop smart city infrastructure for electronic tuk-tuks

eTukTuk is a new crypto project launching on the Binance (BNB) Chain and currently holding its presale. The project has raised over $2.5 million so far, receiving vested interest from AsiaTokenFund Group among other notable VC investors.

Our researchers found one post in the r/NextBullCrypto subreddit where the user argued that eTukTuk could potentially be 10x in value as it targets a viable niche and industry sector that requires evolution. They also argued that it has a sustainable ‘circular economy’ business model comprising a blockchain ecosystem for charging and payment to support drivers.

At the center of the project is the $TUK token, which will be used as a transaction currency within the project ecosystem and can be used to pay for charging power. eTukTuk plans to release a drive-to-earn game in which tuk-tuk drivers can earn an extra income stream in $TUK by completing passenger drop-offs.

Our team has identified eTukTuk as a project to watch. The project’s aims to improve air quality by revolutionizing sustainable transport systems are unique in the crypto space, which could be highly valuable in terms of its success.

Pros

  • Revolutionizing sustainable transport systems
  • Targets developing nations where infrastructure can be built out
  • Innovative ‘Crazy Taxi style’ drive-to-earn game

Cons:

  • No expected timeline for the whole ecosystem rollout
  • Corruption in developing nations could hinder infrastructure developmen

10. Bitcoin (BTC): The crypto markets ‘digital gold’ and leading crypto by market cap

$BTC is the crypto market’s number-one cryptocurrency and the most well-known digital currency worldwide. For non-savvy investors looking to get into the crypto markets, $BTCis usually the go-to, often referred to as ‘digital gold’.

A recent post on Reddit shared information about Genesis, a distressed crypto-lending firm that acquired $2.1 billion of additional Bitcoin. The company sold off around 36 million shares of the Greyscale Bitcoin Trust (GBTC) in exchange for Bitcoin, which is in their custody.

Another user post in the r/Bitcoin subreddit raised discussions about what will happen when Greyscale stops selling its Bitcoin. The user queries whether financial giants like Blackrock and Fidelity will continue buying $BTCat the same rate they currently are once Greyscale runs out of $BTC to sell. They go on to question whether Blackrock and other financial giants will need to inform the public if they plan to sell their $BTC holdings.

The overall analogy is if TradFi powerhouses continue buying at the rapid rate they are, then what is stopping $BTCfrom hitting $300,000 in this current bull cycle?

The $BTC blockchain will have an upcoming halving event, which will see Bitcoin mining rewards slashed in half due to the increasing difficulty of mining Bitcoin. This factor has likely heightened institutional interest as the supply of new $BTC entering circulation becomes thinner, while public demand is increasing.

Pros

  • Classified as the new age ‘digital gold’
  • The leading crypto by market cap
  • Spike of institutional interest in Bitcoin

Cons:

  • Less chance for multiple ROI
  • Costly to transfer and send


11. NEAR Protocol (NEAR): High throughput blockchain with fast and cost-efficient transactions

NEAR Protocol has seen explosive price action in the current bull market cycle, from around $1 in October 2023 to $9 in Q1 2024. The token’s price has recently stabilized at around the $6-7 range.

Recently, NEAR has been expanding its blockchain use case, welcoming a new batch of decentralized applications. One standout dApp is the HERE wallet, a self-custodial wallet for NEAR Protocol with a built-in DEX aggregator, staking features, and weekly airdrops.

A quick Reddit search found one post in the r/Solana subreddit that queried whether $NEAR is the next $SOL. The user highlighted the protocol’s blockchain efficiency features, such as sharding and chain abstraction.

A user replied, pointing out that one year ago, many crypto enthusiasts were comparing $NEAR favorably to $SOL. The user also explains that NEAR Protocol has more daily active addresses than Solana and the second-highest daily transactions out of all blockchains (Solana has the highest).

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To learn more about NEAR Protocol, visit its official website or join the $NEAR social community on X (Twitter).

Pros

  • $NEAR is receiving attention from AI firms
  • New dApps being launched as NEAR blockchain popularizes
  • 20x cheaper token price than Solana

Cons:

  • There is not as much infrastructure or dApps as other chains
  • A new blockchain could develop to be even more efficient

How to follow Reddit’s favorite crypto investments

A handful of Reddit communities stand out to us as excellent sources of news and insights on the best cryptocurrencies available.

Below, we detail some of our favorite crypto subreddits and why they could be useful for current or future crypto investors.

r/Bitcoin

The r/Bitcoin subreddit has over 6 million members and is the number-one crypto community on Reddit.

On this subreddit, you will find all types of community posts related to Bitcoin, from wallet queries, mining insights, memes, news updates, wallet monitoring, and price analysis, among other polls and open discussions.

r/Crypto_General

This subreddit has over 82,000 members and is a group for all things crypto. Unlike r/Bitcoin, this subreddit is for all cryptos and all discussions are welcome.

You can join the group and ask questions, create polls, or post to engage in open debate with other community members.

r/Web3

Described as a subreddit for serious and technical discussions on creating a decentralized web.

You will find everything here from discussions on coins, dApps, token metrics, web3 coding, smart contracts, and everything web3-related. The r/web3 subreddit has over 30,000 members.

r/CryptoCurrency

This is the second-largest subreddit for crypto, a 7.7 million-member community of crypto enthusiasts. The subreddit is for cryptocurrency news, discussion, and analysis.

This subreddit is very active and has users posting by the hour. You can find all sorts of insights on the cryptocurrency markets, Reddit user discussions, people seeking assistance, and other user posts for open discussions.

Methodology

To select the best cryptocurrency to buy according to Reddit, our expert review team thoroughly researches each project, its features, historical price action, and community. We ensure that the information presented is correct, factual, and unbiased. However, the information we provide cannot be considered investment advice.

FAQs

Which crypto will explode in 2024?

A crypto that could potentially explode in 2024 is NEAR Protocol, should its infrastructure keep developing, growing, and building dApps. One crypto presale that could explode is Dogeverse, as it allows token holders to seamlessly navigate across six blockchains.

Which coin can go 100x?

Dogeverse is potentially a coin that can do 100x. The presale has already raised $13 million in no time, and the token can be staked on the smart contract to earn passive income.

Which coin will reach $1 in 2024?

Our experts chose $DOGEVERSE as the coin that has the potential to reach $1. This is because the project has gained high traction since the presale launch, offers a high staking yield, and multi-chain compatibility.

References