Top 11 Cryptos With the Most Potential in 2024

Some institutional analysts believe that Bitcoin could surpass $100,000 in 2024. This means the broader cryptocurrency market will likely enter a prolonged upward trajectory. 

But which will be the best crypto to buy now and produce the biggest gains when the next bull cycle begins? 

This guide reveals the 10 cryptos with the most potential in 2024. We cover new and established projects with various market capitalizations. Read on to discover the next 100x cryptocurrencies. 

This month, we expanded our listings by including Dogeverse and 99Bitcoins. In addition, we removed a few older ones as part of our adjustments.

List of 11 cryptocurrencies with big potential

1. Dogeverse (DOGEVERSE): As the first truly multi-chain Doge token, $DOGEVERSE breaks down barriers between the Ethereum, BNB Chain, Polygon, Solana, Avalanche, or Base Blockchains.
2. 99Bitcoins (99BTC): The upcoming Bitcoin halving is a pivotal event, and 99Bitcoins is your guide. Their platform offers dedicated modules with historical data, expert analysis, and interactive tools to help you understand its potential impact on the market.
3. 5th Scape ($5SCAPE): Evolving the VR landscape with ultra-real immersive gaming, movies, animations, interactive learning & digital experiences. Over $1.7M raised.
4. Sponge V2 ($SPONGEV2): A new version of the Sponge token, Sponge V2 offers play-to-earn gaming opportunities. Get 185% staking APYs.
5. Smog ($SMOG): This trending meme coin is listed straight on the Jupiter DEX. Smog offers huge airdrop rewards and 42% staking yields.
6. eTukTuk ($TUK): Innovative Web3 project that builds EV charging stations for TukTuk drivers. eTukTuk has raised more than $2.4 million on presale.
7. Bitcoin Minetrix ($BTCMTX): Innovative cryptocurrency decentralizes cloud mining by offering tokenized cloud mining credits. Over $12M raised.
8. SushiSwap ($SUSHI): This decentralized cryptocurrency exchange is undervalued, with a market capitalization of just $335 million.
9. Ripple ($XRP): XRP provides cross-border payment technology for banks, and supports cross-currency transfers. Top #10 crypto token by market cap.
10. Solana ($SOL): Solana facilitates fast, cheap, scalable, and energy-efficient transactions. This crypto can handle up to 65,000 TPS.
11. Cronos ($CRO): Backing the Crypto.com exchange, Cronos is trading 90% below its all-time high. Its live market cap stands at $3.6 billion.

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Cryptocurrencies with the most potential in 2024

In-depth research is needed to discover the best cryptocurrency with the highest potential. Read on for our full analysis of the 11 projects listed above.

1. Dogeverse (DOGEVERSE): A chain-hopping Doge on a quest to unite the cryptoverse

Dogeverse is the first truly multi-chain Doge token, inspired by Cosmo, the intergalactic Doge explorer. $DOGEVERSE bridges the gap between Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base, uniting crypto communities through a shared love for Doge memes.

The Dogeverse multichain ecosystem

Tired of expensive gas fees and limited chain options? Dogeverse solves this in one leap! Buy and claim $DOGEVERSE on any major blockchain for a smooth, affordable experience.

Dogeverse breaks down barriers between crypto communities. With advanced bridge technology, $DOGEVERSE holders can seamlessly navigate different chains, boosting the ecosystem’s liquidity and utility.

Mirroring Cosmo’s vision of a unified crypto-verse, Dogeverse allows buying and claiming on six blockchains, bringing together meme enthusiasts and crypto adventurers from DEXs to CEXs.

Multichain deployment

Dogeverse launches on Ethereum for security and wide adoption. Then, it bridges to other chains using secure portal bridge technology. This ensures a user-friendly experience, allowing presale buyers to claim directly on their chosen blockchain.

• Effortlessly switch between chains for optimal trading.
• Choose chains with lower fees and faster processing times.
• Start your journey on your preferred blockchain for ultimate flexibility.
• Foster a diverse community with inclusive accessibility.

Dogeverse’s multichain launch creates a user-centric platform, aligning with the project’s vision of a unified crypto-verse.

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2. 99Bitcoins (99BTC): A trusted authority in crypto education

The Bitcoin halving, a pre-programmed event that cuts the number of new bitcoins mined in half roughly every four years, is a pivotal moment for the cryptocurrency market. This scarcity mechanism can significantly impact Bitcoin’s price and overall market sentiment.

Your guide through the halving

99Bitcoins, a leading cryptocurrency education platform, is here to equip you with the knowledge to navigate the Bitcoin halving. Their comprehensive Learn-to-Earn platform offers a wealth of features specifically designed to help you understand this critical event:

• Dedicated halving modules: Dive deep into the history of Bitcoin halvings, analyzing past trends and their impact on the market.
• Expert insights and predictions: Gain valuable perspectives from industry professionals as they unpack the potential consequences of the upcoming halving.
• Interactive learning tools: Test your knowledge and solidify your understanding with engaging quizzes and simulations, allowing you to explore various market scenarios.
• Investment strategies for halving: Learn practical strategies to capitalize on price fluctuations surrounding the halving event potentially.

By leveraging 99Bitcoins’ Learn-to-Earn platform, you can transform the Bitcoin halving from a source of uncertainty to an opportunity. A thorough understanding of this event and its potential ramifications empowers you to make informed investment decisions and navigate the ever-changing cryptocurrency landscape more confidently.

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3. 5th Scape (5SCAPE): All-in-one immersive suite of games, interactive learning, movies, and more

5th Scape is launching an all-in-one, immersive suite of digital interactive products and experiences pushing virtual reality’s boundaries.

With both the virtual reality and gaming sectors set for consistent growth, the project will bring a metaverse-style virtual ecosystem, complete with a proprietary VR headset and gaming chair.

The platform will launch with an initial set of gaming products, such as MMA, cricket, soccer, archery, and ultra-real racing, which will transport players into a hyper-realistic virtual reality world.

5th Scape is in its initial phases of the presale, offering tokens at an early contributor price of $0.00187, and users can obtain tokens by swapping ETH, MATIC, USDT, BNB or via card payment. As with all crypto projects, it’s always key to get in early and secure tokens at the cheapest price to maximize potential rewards.

The native $5SCAPE token can be used, transacted with and earned as rewards within the 5th Scape ecosystem. Players can use tokens to purchase premium content or products, access exclusive features, obtain in-game items and perks, and for character customization.

Players can also be awarded tokens for completing missions or achieving milestones. Staking features are due to be launched soon and will allow players to earn extra tokens for helping to power the 5th Scape ecosystem.

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4. Sponge V2 (SPONGEV2) – New version of Sponge token boasts the highest growth potential 

In 2023, Sponge ($SPONGE) launched and instantly became one of the best performing meme coins. Now, the platform is launching its V2 token, Sponge V2, which brings added utility and earning opportunities. 

Using the stake-to-bridge mechanism, your existing V1 tokens can be staked into the new V2 smart contract. As a reward, the platform will offer an equal amount of V2 tokens.

Once the staking event ends, investors can claim their Sponge V2 tokens. You can opt to continue staking your holdings, and earn APYs (annual percentage yields) of more than 1,500%. So far, more than 1 billion tokens have been locked on the V2 smart contract. 

The high APYs will promote long-term holding among community members. Of the total supply of 150 billion tokens, over 43% will be offered as staking rewards. Investors can also be rewarded through the upcoming play-to-earn ecosystem. 

The Sponge V2 whitepaper states that the play-to-earn environment will be a racing game with a free and paid version. In the paid form, you will compete against other players, climb up a leaderboard, and earn $SPONGEV2 tokens. A further 8% supply has been set aside for P2E rewards. 

This new version of Sponge looks to revive the token – hoping to offer similar highs as the original token. At its peak, $SPONGE reached a market cap of nearly $100 million. The added use cases can help Sponge V2 surpass this performance. 

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5. Smog (SMOG): New meme coin challenger with rapidly growing community and plans for huge airdrop

Branded as the “one meme coin to rule them all”, new Solana project $SMOG is posing a fierce challenge to the likes of Bonk and Myro, with a rapidly growing community and huge upside potential.

The coin launched fairly through a Jupiter liquidity pool on February 7, generating major interest in the early stages as gains topped 1,400% within the first hour. This number hit 3,000% in the first three days, and 4,700% inside a week.

Smog’s ascension is showing no signs of slowing. The project is quickly gathering community momentum, with over 22,000 X followers and 13,000 members in its Telegram channel.

Community engagement has been hastened by the project’s Zealy campaign, in which more than 3,000 people are currently participating in various tasks in return for XP, which can be redeemed for extra tokens in the project’s forthcoming airdrop.

The airdrop in question is being called the “greatest” in Solana history by the project’s creators. Of the token’s 1.4 billion supply, 35% (490 million) is being allocated to the airdrop, which is due to take place during Phase 3 of the project.

With the value increase we’ve already seen, in addition to the huge forthcoming airdrop, $SMOG is clearly among the cryptos with the most potential this year.

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6. eTukTuk (TUK) – Web 3.0 transportation project in Sri Lanka

eTukTuk is set on revolutionizing urban transportation in the developing world. Starting in Sri Lanka, the project will bring a fleet of all-electric tuk-tuks and accompanying charging infrastructure.

In an attempt to reduce carbon emissions in impoverished, Eastern nations, the vehicles will provide a sustainable alternative to the 1.2 million tuk-tuks in Sri Lanka with gasoline or diesel engines.

eTukTuk is offering up to 348% APY with 4.75 per BSC block. The presale stage is ongoing at the time of this writing with a price increase at the end of every round.

Investors and traders can participate in the presale via BNB, USDT (BSC), or credit card. Buying via ETH is also available, however, in doing so the eligibility got the 348% APY will be lost.

Besides staking pools, $TUK holders will also enjoy a share of the charging fees along with power supplies when the vehicles are launched and adopted in Sri Lanka according to the whitepaper.

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7. Bitcoin Minetrix (BTCMTX): Stake-to-mine crypto offers cloud mining credits

The next cryptocurrency on our list is $BTCMTX, the native token of Bitcoin Minetrix. This revolutionary cryptocurrency helps solve a growing problem in cloud mining. 

Cloud mining allows everyday individuals to rent mining power from third-party corporations, allowing them to easily earn a portion of mining revenues. However, many third-party corporations engage in fraud and deceit. Therefore, Bitcoin Minetrix is aiming to solve the problem by decentralizing cloud mining.

With Bitcoin Minetrix, investors can buy $BTCMTX tokens and earn cloud mining credits. The credits are stored on the blockchain and cannot be duplicated or stolen. 

To earn the cloud mining credits, stake $BTCMTX on the Ethereum-powered smart contract. Over time, your staked tokens will get converted into cloud-mining ERC-20 credits. 

While you cannot directly use these credits, you can burn them on the blockchain to generate allocated mining times. Thus, users can take part in BTC mining operations and a share of mining revenues. 

From a total supply of 4 billion tokens, 2.8 billion are being distributed through the ongoing presale. Investors can also earn high staking yields by locking-in $BTCMTX on the smart contract. 

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8. SushiSwap (SUSHI): Undervalued decentralized exchange trading 95% below its all-time high   

SushiSwap is an established decentralized exchange. It enables users to buy, sell, and swap cryptocurrency tokens anonymously. Most importantly, SushiSwap leverages liquidity pools, meaning that it doesn’t rely on traditional order books. 

For instance, if you wanted to swap USDT for DAI, you wouldn’t need another market participant; simply connect a wallet to SushiSwap and complete the exchange.

Right now, SushiSwap has a market capitalization of just $275 million. In contrast, Uniswap – one of SushiSwap’s biggest competitors, is valued at several billion dollars.

With this in mind, SushiSwap offers a superb upside – especially as more people will be trading on decentralized exchanges during the next bull run.

In addition SushiSwap is currently trading 95% below its all-time price of $23.38, providing a great, low entry point for investors eyeing major upside potential.

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9. Ripple (XRP): Cross-border payment technology for banks and a direct beneficiary of institutional interest in crypto   

Ripple is already a large-cap cryptocurrency, but there is plenty of upside to target. Ripple is valued at $32 billion, although its native token, $XRP, still trades 84% below all-time highs.

We like Ripple for its cross-border payment technology, which helps banks transact intentionally with low fees and fast settlement speeds. 

Hundreds of banks are already testing Ripple’s technology, providing the project with significant credibility. Moreover, Ripple recently won a court battle against the SEC, which accused it of selling unregistered securities. This encouraged Coinbase and other US-based exchanges to finally list $XRP.

In terms of utility, $XRP provides banks with liquidity when engaging in cross-currency transfers. For instance, if a bank in Vietnam wants to send funds to Argentina, $XRP would bridge the Vietnamese Dong and Argentine Peso, meaning there’s no requirement to use corresponding banks.

Crucially, as institutional interest in cryptocurrencies continues to increase, $XRP can be a direct beneficiary.  

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10. Solana (SOL): Exploring the future of smart contracts and dApps with 300%+ annual gains

Solana is another large-cap cryptocurrency with huge upside potential. Despite getting caught up in the FTX saga, the token has been on a prolonged bull run since 2023, up over 300% in the past 12 months.

By comparison, Ethereum’s value has increased by 70% over the same period. This is a considerable achievement, as Solana competes for a slice of Ethereum’s smart contract ecosystem.

Although the number of dApps on Solana is tiny compared to Ethereum, the former offers a better value proposition, not only in terms of increased scalability but also faster transactions, lower fees, and energy efficiency. 

And of course, Solana is worth just a fraction of Ethereum’s $240 billion market capitalization.

While Solana has been a solid run as of late, it still trades 80% below its all-time high. There is every chance that Solana will record new peaks during the next bull run. Therefore, even with a valuation of $23 billion, Solana is one of the best cryptocurrencies to buy.  

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11. Cronos (CRO): Trusted cryptocurrency exchange that could chip away at Binance’s market dominance   

Cronos is the native cryptocurrency of Crypto.com, a popular exchange with over $500 million in daily trading volume. This is just a tiny fraction of Binance, which processed $10 billion over the same period.

That being said, Binance was recently fined over $4 billion by the Department of Justice for money laundering offenses. 

Add this to the FTX collapse from last year, and Crypto.com can organically increase its market share. After all, Crypto.com offers some of the lowest trading commissions in the market. It supports hundreds of cryptocurrencies and offers competitive APYs on savings accounts. And most importantly, Crypto.com is in good shape with US regulators. 

So, to speculate on the future growth of Crypto.com, consider Cronos. It has a market capitalization of just $2.2 billion. In contrast, BNB – the token backing Binance, is valued at over $34 billion.

In addition, Cronos is trading 90% below its prior all-time highs.  

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Tips on discovering crypto with the most potential in 2024

We’ll now discuss how you can find your own high-potential cryptocurrencies. This will ensure you invest based on your personal goals and risk tolerance. 

Look for upcoming presales to get a first-mover advantage

Presales are one of the most effective ways to find a cryptocurrency that can produce gains of 100x or even 1,000x. 

The reason for this is simple; you’ll be investing when the cryptocurrency starts its journey. This means a very small market capitalization, giving you ample room for growth.

Furthermore, many crypto presales offer a discount. This means you’ll get a lower price when compared to the eventual exchange listing.

Discover trending cryptocurrencies that are generating hype   

In general, the most valuable cryptocurrencies have achieved success because of their underlying technology. Whether it be Bitcoin, Ethereum, XRP, Solana, or Cardano, large-cap cryptocurrencies have an identifiable use case.

However, there will always be exceptions to the rule. For instance, some cryptocurrency projects succeed because of speculation, hype, and fear of missing out (FOMO). This sentiment can snowball, with other investors adopting the same idea and choosing to invest, leading to an increase in the token’s value.

To find these high-potential projects, a good place to start is with a decentralized exchange such as DEXTools. Being a platform that tends to list low cap gems, DEXtools is ideal for opportunistic crypto investors.

After exploring DexTools, head over to a price-tracking platform such as CoinMarketCap, and visit the ‘Trending’ page. Once again, this shows you which cryptocurrencies people are searching for.

Build a portfolio of quality cryptocurrencies trading at discounts

While it can be tempting to focus on new cryptocurrencies with small market capitalizations, it may also be a smart move to invest in some more established cryptocurrencies. 

Although the returns will be smaller, you can still target an attractive upside. This is especially the case with cryptocurrencies that were hammered by the broader bear market. 

For instance, SushiSwap, one of the projects in our list above, currently holds $1.18 billion in locked liquidity, and yet it is trading more than 90% below its all-time high. This is a prime example of an established project that still boasts the potential for high returns.

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Research the token’s features and utility

Many cryptocurrencies have no utility, and were purely created to generate hype and value. Pepe, for example, has increased by several thousand percent since launching in April 2023, even though it has no utility. 

However, in the long run, the most successful cryptocurrencies are those that offer token holders actual value. In particular, these projects are able to survive prolonged bear markets, whether that’s Bitcoin, XRP, or Chainlink. 

This is the same as buying quality blue-chip stocks during a market recession – the likes of Coca-Cola, Johnson & Johnson, and Walmart have gone through many market crashes, but have always recovered. 

The same concept should be applied when searching for cryptos with the most potential. 

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FAQs

References

• www.uktech.news/news/founder-interviews/br-dge-founder-brian-coburn-20231222
• https://www.reuters.com/markets/us/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/
• https://www.bloomberg.com/news/articles/2023-10-30/novogratz-reiterates-that-he-expects-spot-bitcoin-btc-etf-approval-this-year
• https://www.reuters.com/markets/us/sec-dropping-claims-against-ripple-executives-court-filing-2023-10-19/
• https://seekingalpha.com/article/4556450-solana-its-worse-than-ftx-contagion
• https://www.justice.gov/opa/pr/binance-and-ceo-plead-guilty-federal-charges-4b-resolution
• https://www.morningstar.com/etfs/spot-bitcoin-etfs-inch-closer-their-debut
• https://markets.businessinsider.com/news/currencies/metaverse-property-decentraland-sale-price-mana-coin-cryptocurrency-2021-11