BNB 0.10%
$576.46
BTC 1.35%
$67,682.18
DOGE 1.51%
$0.15
ETH 1.58%
$3,122.00
PEPE 3.60%
$0.0000094
XRP 1.14%
$0.51
SHIB 0.96%
$0.000024
SOL 5.13%
$179.32
$DOGEVERSE
presale is live

14 Most Volatile Cryptos to Trade in 2024

Viraj Randev
Last updated: | 21 min read
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Volatility is part and parcel 0f trading cryptocurrencies, as they are renowned for regularly facing extreme upwards and downwards movement. However, even within such a naturally volatile asset class, there are standout coins with an even higher level of volatility than the rest.

This guide reviews the most volatile cryptos to invest, highlighting potential opportunities for investors looking to adopt a high-risk strategy in hopes of receiving higher returns.

The Most Volatile Cryptocurrencies to Invest in 2024

  • First truly multi-chain Doge token, promising interoperability across major blockchains
  • Easy to buy and claim $DOGEVERSE tokens during presale phase
  • Could be the next Doge-inspired coin to explode in 2024
Project Launched
April 2024
Meta
Meme, Multi-Chain
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Brand new South Park-inspired seal-themed SOL meme coin
  • Ideal coin to buy in presale ahead of the expected summer meme coin frenzy
  • Thought to be by the team that was also behind the viral SLERF coin
Project Launched
May 2024
Meta
Meme
Purchase Methods
  • Solana
    Solana
  • Infinitely upgradeable AI meme coin, with modular technological capabilities.
  • Huge staking rewards available everyday during presale.
  • Presale price rises every two days - buy now to benefit from best price before listing.
Project Launched
April 2024
Meta
Stake-to-earn, Meme
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • First of its kind daily rewards based on the performance of Mega Dice Casino
  • $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
  • $2,250,000+ USD airdrop for casino players
Project Launched
April 2024
Meta
GambleFi
Purchase Methods
  • Solana
    Solana
  • ETH
    ETH
  • bnb
    bnb
  • Learn-to-Earn platform that rewards users for learning about crypto
  • Stake $99BTC tokens in secure smart contract to earn passive rewards
  • Get the edge in fast-moving markets with expert crypto trading signals
Project Launched
April 2024
Meta
Learn-to-Earn
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • bnb
    bnb
  • +1 more
  • Innovatives VR & AR Gaming Project
  • Aiming to Raise $15M Across 12 Rounds
  • Token Holders Get Lifetime Access to VR Content
Project Launched
January 2024
Meta
VR
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Trending meme coin with P2E utility & staking rewards
  • Price up 10x in past month, rumors of Binance listing
  • 12k+ holders and growing
Project Launched
December 2023
Meta
Meme, P2E
Purchase Methods
  • Bank Card
    Bank Card
  • usdt
    usdt
  • ETH
    ETH
  • Buy and hold $SMOG to generate and earn airdrop points
  • 35% of supply reserved for future airdrop rewards
  • Viral potential after pumping over 1000%
Project Launched
February 2024
Meta
Meme, P2E
Purchase Methods
  • usdt
    usdt
  • Solana
    Solana
  • Native BSC token
  • Audited by Coinsult
  • Long-term rewards for holders
Project Launched
2023
Meta
AI
Purchase Methods
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Looking to disrupt the DOGE-dominated meme space, $KAI is a AI-based meme coin with 10x potential
  • As a PoS ERC20 token investors can buy and stake $KAI for massive rewards
  • Fully audited by Coinsult, the presale has raised over $170k already
Project Launched
May 2024
Purchase Methods
  • bnb
    bnb
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • +1 more
  • New meme coin offering an immersive experience via high-stakes battles
  • Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
  • Token holders can cast votes on key project decisions and try their luck in the 'Lucky Lasso Lotteries'
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • bnb
    bnb
  • First crypto-based lending platform, allowing loans up to 75% of the total Memereum assets.
  • Comprehensive insurance coverage for digital coins and precious metals, including gold and silver.
  • High-value holders get state-of-the-art NFTs, valued over $1,500 in the open market.
Project Launched
March 2024
Meta
Insurance
Purchase Methods
  • bnb
    bnb
  • usdt
    usdt
  • ETH
    ETH
  • BlockBets is the future of cryptocurrency gaming with casino, sportsbook and poker offerings.
  • Offers 1000x leverage trading with over 20 top cryptos supported with no bid-offer spreads and competitive fees.
  • Early presale investors get daily passive staking rewards, the chance to win a share of 5% of all buybacks, as well as BlockBets credits.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • bnb
    bnb

List of Highly Volatile Crypto

The table below briefly summarizes the most volatile crypto coins to invest in 2024.

  1. Dogeverse – Best volatile crypto with over 85% staking APY.
  2. WienerAI – AI-based meme coin with utility and over 700% staking APY.
  3. Sealana – Latest Solana meme coin presale based on a seal character.
  4. Mega Dice – Crypto casino offers profit sharing opportunities for token holders.
  5. 99Bitcoins – Learn-to-earn crypto platform offers over 1,500% staking APY.
  6. 5th Scape – Innovative crypto project taps in the AR and VR markets.
  7. Sponge V2 – Riding on the success of its predecessor V1 that did 100x in 2023.
  8. Smog – Most volatile meme coin, get airdrop rewards and 42% staking APYs.
  9. eTukTukNew cryptocurrency fighting climate change, over $1M raised.
  10. Dogwifhat – Popular meme coin on Solana, over 500% raised within 10 days.
  11. Ronin – EVM layer two blockchain, returned over 1,300% within a year.
  12. Sui – Hot new layer one blockchain cryptocurrency, with over 295,000 TPS.
  13. Bonk – The third most popular meme coin, gained over 12,000% in one year.
  14. Solana – Top five crypto by market cap, 65,000 TPS

A Detailed Look at the Most Volatile Cryptocurrencies 

Investors should prepare for regular price movements when investing in the highest volatility cryptos that are the most unpredictable.

To get a deeper understanding on the top assets in this niche, we take a detailed look on the 14 most volatile digital assets to invest in 2024.

Before we move on, Jacob Crypto Bury – one of the best crypto Discord groups regularly discusses the most volatile digital assets on the market.

1. Dogeverse – Hot New Multi-Chain Meme Coin, Raised Over $13 Million 

The latest dog-themed meme coin called Dogeverse aims to disrupt the meme coin landscape by going multi-chain. Buy $DOGEVERSE on Ethereum, Binance, Avalanche, Polygon, Base and Solana. Base and Solana already boast massive meme coin trader communities and the exposure to these two chains could greatly benefit Dogeverse’s token price.

That the meme coin meta of “dog” tokens is still strong shows the $13 million raised by Dogeverse during the presale. And now, for a price of $0.00031 apiece, this may be investors’ last chance to hop in before the token launches on exchanges. Moreover, there’s a 70% staking APY in the final days on the presale. However, the staking rewards are available only on the Ethereum blockchain.

dogeverse token presale

The total $DOGEVERSE token supply stands at 200 billion, 30 billion of which are allocated to the presale. Marketing gets a large share of 25% of the supply, which shows the team’s dedication to promote the token and draw more investors into the project.

Based on the funds raised and the meme coin hype, Dogeverse could be the most volatile crypto to trade in 2024 once it launches on exchanges.

Learn more about this meme coin by reading the Dogeverse whitepaper. Also, make sure to follow Dogeverse on X and join the Dogeverse Telegram channel for the latest updates.

Presale Started 2024
Purchase Methods  ETH, BNB, AVAX, MATIC, BASE, SOL, USDT, USDC, Card
Chain Multi-chain
Min Investment None
Max Investment None

2. WienerAI – AI-Based Meme Coin With Over 700% Staking APY

The new top meme coin in town is WienerAI, which is part dog, part sausage and part AI trading bot. Unlike most meme coins that offer only price speculation, WienerAI offers utility via its AI trading bot. The bot comes with a friendly interface, seamless swaps, zero fees and MEV bot protection.

At the moment, you can buy the WienerAI ($WAI) token during a presale that has raised over $1.3 million so far, showing strong investor demand. Buy the token with ETH, USDT, BNB or a card, and stake it to earn a generous APY of over 700%. Note, staking rewards are only available for purchases made on the Ethereum network. If you’re planning to buy it with BNB, you’ll save money on transaction fees but you’ll miss out on the rewards.

wienerai token presale

To keep the lighthearted theme, the devs have capped the token supply at 69 billion. Presale gets 30% of the supply, while staking takes 20%. This should allocate half of the tokens to community members. On top of that, 20% of the supply will be distributed as community rewards and another 20% for marketing purposes to bring more eyes to the project.

Make sure to follow WienerAI on X and join the WienerAI Telegram channel to get the latest information about the presale and when the token launches on exchanges.

Presale Started 2024
Purchase Methods  ETH, BNB, USDT, Card
Chain Ethereum
Min Investment None
Max Investment None

3. Sealana – Hot New Solana Meme Coin Presale

Next up is Sealana, a brand new cryptocurrency that continues the meme coin trend started by Slerf on Solana where investors send SOL to a certain wallet address and get the equivalent number of tokens in return once the presale ends. The trend was surprisingly successful, with Slerf boasting $2.7 billion in trading volume within the first day of launch.

Where most meme coins focus on dogs and cats, Sealana focused on a seal that sits at its PC and eating chips and tuna while trying to find the next volatile Solana meme coin to trade.

sealana token presale

There are two ways to buy Sealana during the presale:

  1. Send SOL to DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c from a decentralized Solana wallet like Phantom or Solflare (and not an exchange wallet like Binance).
  2. Visit the presale site and buy it directly after connecting your Solana wallet.

The current exchange rate is 1 SOL for 6,900 $SEAL tokens. You can send any amount you want and you’ll get your $SEAL in return. Follow Sealana on X for the latest updates.

Presale Started 2024
Purchase Methods  SOL
Chain Solana
Min Investment None
Max Investment None

4. Mega Dice – Crypto Casino Sharing Profit With Token Holders

Introducing Mega Dice, a popular crypto casino with over $50 million in monthly wagering volume and over 50,000 active users. Users can gamble on over 4,000 games and 50 sports and esports. Now the casino offers its own token $DICE in a presale for $0.069 apiece at the current presale stage.

The main reason to be a holder is the profit sharing opportunity where daily rewards based on the casino’s performance will be distributed to token holders. Moreover, there are limited edition NFTs for investors who participate in the presale.

Since there can be a huge amount of variance in casino game winnings, this suggests that Mega Dice will be a highly volatile crypto due to its tied value to the casino’s performance.

mega dice token presale

You can buy $DICE with SOL, ETH or BNB. Solana is the native blockchain of Mega Dice and that is the preferred method for purchasing the token. Once the token launches, this could be one of the most volatile cryptos to trade.

Out of 420 million tokens in the total supply, 147 million are allocated for the presale. Players and stakers will get 25% of the total token supply, per the Mega Dice whitepaper.

Follow Mega Dice on X and join the Mega Dice Telegram channel to stay up to date.

Presale Started 2024
Purchase Methods  SOL, ETH, BNB
Chain Solana
Min Investment None
Max Investment None

5. 99Bitcoins – Learn-to-Earn Crypto Platform With Over 1,500% Staking APY

Furthermore, 99Bitcoins is a popular crypto education platform with over 2 million subscribers for its crypto courses. The team now plans to launch its own token and to revolutionize the crypto learning mechanics by introducing rewards.

Token holders who buy $99BTC during the presale get to earn a generous staking APY of over 1,500%. This number will drop as more tokens are staked, making it prudent for investors to stake as early as possible to take advantage of and get more tokens without buying them. Such a high crypto staking APY will inevitably be a significant contributing factor to increased volatility post-launch.

99bitcoins presale

For now, the token is available for purchase with ETH, USDT, BNB and a card. Later, $99BTC will bridge to Bitcoin’s blockchain using the BRC-20 token standard.

On top of offering market-leading crypto education, 99Bitcoins will also provide crypto trading signals in the future, and the $99BTC token will likely play a role.

Check out the 99Bitcoins whitepaper for more information. Also, follow 99Bitcoins on X and join the 99Bitcoins Telegram channel for the latest updates.

Presale Started 2024
Purchase Methods  ETH, USDT, BNB, Card
Chain Ethereum
Min Investment None
Max Investment None

6. 5th Scape – A New Volatile Crypto Project That Aims to Build an AR and VR Ecosystem

An innovative new crypto project called 5th Scape aims to build its own augmented reality and virtual reality ecosystem. This includes a VR headset and a VR char, as well as VR games and animations. The 5SCAPE token will be used as currency within the ecosystem, which could make it a highly volatile cryptocurrency after it launches on exchanges.

The 5th Scape token presale is the only way to buy 5SCAPE tokens for now. All you need is an Ethereum wallet and ETH, MATIC, BNB, USDT or a card to make the purchase.

5th Scape presale

There will be 12 presale rounds in total and each round will have a higher token price than the previous, based on the 5th Scape whitepaper. During the first presale round, one 5SCAPE token will cost $0.00187. In the final round, you’ll pay $0.0087 per token. Because of that, buying as early as possible could be a prudent choice, especially if you plan to participate in the presale anyway.

Follow 5th Scape on X and join the 5th Scape Telegram channel to get the latest information on the project and the token presale.

Visit 5th Scape

7. Sponge V2 – New Meme Crypto With 191% Staking APY And an Upcoming Play-to-Earn Game

Introducing Sponge V2, the successor of the successful Sponge V1 meme coin that had a market cap of over $100 million at its peak in 2023. This made 100x returns to early investors. Now, Sponge V2 plans to launch a play-to-earn racing game, which is likely to boost the token price even more.

Sponge V1 holders can upgrade their tokens to V2 by staking them on the Sponge V2 website. if you don’t have V1 tokens, visit the Sponge V2 website and connect your Ethereum wallet. You need ETH or USDT to make the purchase.

Sponge V2 token presale

As soon as you have the tokens, stake them to earn an annual percentage yield of over 191%. The APY will drop as more tokens are staked, meaning it may be best to start staking as soon as possible.

Activating the staking feature is the first stage out of three of the project development, according to the Sponge V2 whitepaper. The second stage begins when the token is listed on major exchanges. During this stage, you can claim your tokens and sell them, or keep them staked to earn more tokens while you wait for the play-to-earn game to be released.

The launch of the racing game is planned for stage three. Within the game, you can earn even more tokens. But more details about it will come in the future.

Follow Sponge V2 on X and join the Sponge V2 Telegram channel to get the latest information about the project. Also, join the Sponge V2 Discord to engage with the team and the community.

Presale Started Dec 2023
Purchase Methods  ETH, USDT and Card
Chain Ethereum
Min Investment None
Max Investment None

8. Smog – Most Volatile Crypto with a $75 Million Market Cap, Get 42% Staking APYs

A new meme token that recently conducted its fair launch is Smog ($SMOG), experiencing extreme volatility after its launch in February 2024 on the Jupiter decentralized exchange.

While the token is built on the Solana blockchain, it has also launched on the Ethereum network using the Portalbridge. Since its token listing, $SMOG went on to touch a $100 million market cap, now trading around the $75 million valuation. $SMOG token holders can earn huge rewards by joining the airdrop campaign and registering with Zealy.

Smog Crypto Homepage

The campaign assigns airdrop points for completing a number of daily, weekly, and monthly challenges. So far, more than 270,000 challenges have been finished on Zealy. You can also earn points by staking $SMOG on the staking mechanism. Doing this also rewards token holders with up to 42% in annual yields. More than 9.7 million tokens have been staked on the Smog smart contract.

Being a meme token, $SMOG is bound to receive high levels of volatility. The token launch price was just $0.001419, after which it reached an all-time high of $0.08611. Now, $SMOG trades above the $0.05 range. In the future, Smog looks to list the token on more centralized and decentralized exchanges. This can help attract further trading volume.

Tune in for regular project updates by reading the Smog whitepaper and joining the Telegram channel.

Visit Smog

9. eTukTuk – New Crypto Project Aiming to Solve Climate Change With Sustainable Transportation Systems

A new token presale called eTukTuk aims to raise funds and create a sustainable transportation solution with electric tuk-tuk vehicles and charging stations. At its heart is the TUK token, which you can now stake to earn 209% annual percentage yield. Given that this is a new token presale with high staking rewards, it could be one of the most volatile tokens this year.

eTukTuk presale

The only way to buy TUK tokens is on the eTukTuk presale site where you need to connect your Ethereum wallet, such as MetaMask, and use BNB, ETH, USDT or a card to make the purchase. Make sure to have some ETH or BNB in your wallet to pay the transaction fees.

eTukTuk electric vehicle

Unlike most token presales where the token staking is done on the Ethereum network, the eTukTuk project is using the BNB Smart Chain for staking. Because of that, consider buying the tokens using BNB, which will also help you save money on gas fees.

Make sure to read the eTukTuk whitepaper to learn more about the project. Also, follow eTukTuk on X and join the eTukTuk Telegram channel to get the latest information about the presale.

Visit eTukTuk

10. Dogwifhat – Volatile Meme Coin That Gained Almost 500% Within 10 Days

Dogwifhat is a popular meme coin that started on Solana that has caught the meme coin world by storm. Within 10 days in January 2024, WIF gained close to 500%, outperforming other popular meme coins like Dogecoin, Pepe and Shiba Inu for the same period.

True to all meme coins, WIF is nothing more than a “dog wif hat”; It has no utility, no play-to-earn, game and no roadmap. If a token can move on hype and meme potential alone without any real utility, this definitely makes it one of the high volatility cryptocurrencies to keep an eye on.

Dog wif hat meme coin

WIF has a market cap of $200 million with over $20 million traded consistently each day, making it a popular option for day traders and speculators.

You can buy the token on Solana’s popular DEXs, including Raydium and Jupiter, but you can also buy it on some CEXs like HTX, Gate.io and KuCoin.

11. Ronin – Gaming Blockchain With High Volatility

Ronin is a layer 2 blockchain on Ethereum designed for game developers who want to build games with player-owned economies. Ronin was developed by Sky Mavis, the studio behind Axie Infinity, in 2021. Today, Ronin boasts over $4 billion in total NFT volume and over 520 million transactions.

In 2023, Ronin saw a bottom of $0.2219 but at the end of the year it started to rally into 2024 and reached a top of $3.31, marking over 1,300% gain in less than a year. All this makes Ronin one of the highly volatile cryptocurrencies to watch in 2024.

Ronin blockchain

The cool thing about Ronin is that this is not a meme coin or a dubious cryptocurrency. Instead, it’s a full EVM blockchain with over $700 million in market cap and over $100 million in daily trading volume, making it not just a solid crypto trading candidate but potentially a crypto investment candidate as well.

12. Sui – An Exciting New Blockchain, Faster and Cheaper Than Solana, Returned Over 300% Within Four Months

Sui is a layer 1 blockchain like Ethereum and Solana, designed to be user-friendly and developer friendly, while providing fast transaction speed and low cost. Transaction speed during testing shows 297,000 transactions per second (TPS), which beats Solana’s theoretic TPS of 65,000.

Trading around $1.5, makes Sui undervalued if it can deliver a solid product in the years to come. For example, Solana currently has a market cap of over $40 billion, while Sui has less than $2 billion market cap. That’s a potential 20x move in the years to come, making it a highly volatile coin.

Sui blockchain

Sui has a huge potential to become a leading blockchain for gaming, finance and social interactions because it offers a secure programing language, multiple operations in a single transaction and zkLogin.

13. Bonk – The Most Popular Solana Meme Coin Returned Over 12,000% in Less Than a Year

Bonk is a meme coin on Solana that started as a free airdrop on Christmas day 2022 and quickly become the most popular token within the ecosystem, boasting a market cap of over $600 million. This puts Bonk right behind Dogecoin and Shiba Inu and ahead of the popular Pepe.

In less than a year Bonk gained over 12,000%, returning huge amounts of money to early investors, making it one of the most volatile crypto currencies in 2024.

Bonk meme coin

Unlike most of other meme coins, Bonk developers have built useful tools for Solana users, including BonkSwap and BonkBot, which is a Telegram-based trading bot highly popular among Solana traders. Also, a lot of projects on Solana have accepted Bonk as a payment method, such as Solcasino.io

14. Solana – Top Five Blockchain by Market Cap Returned 10x in One Year

Solana is a popular layer 1 blockchain that comes with theoretical 65,000 transactions per second (TPS) and low transaction costs. With the release of Firedancer in 2024, Solana’s TPS can go between 600,000 and 1,000,000, making it the fastest blockchain.

In late 2022, SOL had bottomed out at a price of around $8. But within a year it made a 10x, returning a hefty sum to investors who bought the bottom. This makes it one of the most volatile cryptocurrencies to watch this year.

Solana Blockchain

SOL has a market cap of over $40 billion, making it one of the top five cryptocurrencies by market cap. It also has over $1 billion of trading volume every day and it’s home to some of the best DeFi applications, play-to-earn games and NFT projects.

How to Discover the Most Volatile Cryptocurrencies

For traders looking to make short-term profits by buying and selling volatile assets, here are a few techniques that may help you in doing so:

Analyze the Historical Price

Investors can try assessing the historical price performance of digital assets when looking for volatility. For example, Bitcoin is one such cryptocurrency which provides large price corrections following highs. But, the bull markets and bear markets run for long periods of time.

On the other hand, new tokens such as Shiba Inu may provide more frequent volatility, which is what day traders may look to take advantage of. Studying an asset’s graph is the simplest way to understand the levels of volatility to expect in the future.

Track Crypto Presales and ICOs

Investing in crypto ICOs is a high-risk high-reward investment due to the frequent levels of volatility that tokens may expect. For example, SpongeV1’s market cap of over $100 million at its peak gave back 100x returns to early investors.

If traders discover fundamentally strong assets that have just been released in the market, strong volatility in the short-term can eventually lead to major price increases in the long-term.

When Are Cryptos the Most Volatile?

Another important factor to discuss is examining when a particular cryptocurrency may deliver high levels of volatility. The sections below discuss a few points to consider when determining the expected volatility of a cryptocurrency.

Price of Bitcoin 

Controlling 40% of the entire crypto market share, Bitcoin is the world’s largest digital asset. Due to the token’s control over the cryptocurrency space, most of the largest altcoins perform similarly to the price of Bitcoin.

For example, when Bitcoin reached its ATHs in March 2024, top cryptos like Ethereum, Solana and Decentraland also enjoyed strong bull runs. Conversely, Bitcoin’s price decline, unfavorable macroeconomic conditions and the collapse of FTX all led to a long crypto bear market that only started recovering towards mid-2023.

Therefore, investors may choose to invest in new assets when Bitcoin shows strong signs of reversal.

All-Time Highs

While deciphering the future price movements of cryptos is impossible, many investors know what to expect with the major altcoins in the long term.

For example, Doge and Shiba Inu attract high levels of volatility, while tokens like Bitcoin and Ethereum can potentially push the entire markets into a bull run.

There’s a lot of uncertainty and volatility after a cryptocurrency reaches its ATH. After Bitcoin crossed $70,000, many investors thought the token would reach $100,000 by the end of 2021.

There’s no historical information to base the cryptocurrency price predictions. Therefore, most cryptos are unpredictable after crossing their all-time highs.

Why Is Cryptocurrency so Volatile?

Crypto as a whole is famously volatile, compared to more traditional investment vehicles. Several factors contribute to the volatility of crypto.

Market sentiment: Cryptocurrency prices are often influenced by market sentiment, including news, social media trends, and public perception. Positive or negative news about a particular cryptocurrency or the overall market can lead to rapid price movements.

Lack of regulation: The cryptocurrency market is relatively young and less regulated compared to traditional financial markets. The absence of comprehensive regulation can lead to a lack of investor confidence and increased susceptibility to market manipulation.

Speculation: Many participants in the cryptocurrency market are driven by speculation rather than intrinsic value. Traders often buy and sell based on short-term price movements, which can amplify market volatility.

Thin liquidity: Some cryptocurrencies, especially smaller altcoins, may have lower trading volumes and liquidity compared to established assets like Bitcoin and Ethereum. This thin liquidity can make prices more susceptible to large price swings.

Market structure: Cryptocurrency markets operate 24/7, allowing for continuous trading. This constant availability can lead to price changes at any time, unlike traditional financial markets that have specific trading hours.

Technology and infrastructure: The use of new technologies and trading platforms in the cryptocurrency space can contribute to rapid price movements. Issues such as exchange outages, security breaches, or technological glitches can impact prices.

Lack of intrinsic value: Unlike traditional assets like stocks or real estate, many cryptocurrencies do not have underlying assets or cash flows that provide a basis for valuation. This lack of intrinsic value can make cryptocurrency prices more susceptible to speculation and market sentiment.

Are Volatile Cryptos a Good Investment?

Cryptocurrencies have proven to be profitable investments for traders that have entered the market at the right times. Even with volatile investments, a good, diversified portfolio has the potential to be a good investment.

For example, many small-cap and new cryptocurrencies tend to deliver high growth in a short amount of time. High-risk investors or day traders that successfully manage to observe potentially successful trends have the opportunity to make small yet regular profits by trading volatile assets.

Since day traders rely heavily on technical analysis and various graphing patterns, the most volatile cryptocurrency can be one of the best investment classes for quick growth.

Secondly, cryptocurrencies have positioned themselves as an alternative to traditional investments. A diversified portfolio may contain a range of stock options, ETFs and a small number of cryptocurrencies. Importantly, even adding a small portion of volatile cryptos can lead to potentially profitable trades.

However, it is important to only invest what one can afford to lose when dealing in cryptocurrencies. Due to the volatile nature of these assets, investors should not put 100% of their allocated resources into a single trade or investment.

What is the Most Volatile Crypto for Day Trading?

Throughout this guide, we’ve looked at some of the most volatile cryptos on the market right now. However, after analyzing the most volatile cryptocurrencies to trade in 2024, we recommend Dogeverse as the most volatile cryptocurrency as it aims to repeat the success of the original Dogecoin while offering over 85% staking APY.

Visit Dogeverse

High Volatility Cryptocurrency FAQs

What is the most unstable crypto?

Due to its presale status, Dogeverse is one of the most volatile cryptocurrencies available right now.

What is the least volatile crypto?

Stablecoins like Tether (USDT), USD Coin (USDC), and Dai (DAI) are considered among the least volatile cryptocurrencies, since they are designed to maintain a stable value by pegging their value to a reserve asset, such as a fiat currency like the US Dollar or a commodity like gold.

What time is crypto most volatile?

Cryptos can be very volatile after reaching an ATH. Since there is no historical price data to match future performance, it is impossible to properly analyze a cryptocurrency after it surpasses its highest price range.

Is volatile crypto a good investment?

Volatile cryptos can be a good investment for day traders looking to make regular profits. Moreover, a diversified portfolio containing a mixture of low and high-risk asset classes may lead to potential profits in the long-term.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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