12 Best Crypto Projects to Invest in 2024

The sheer volume of activity in the cryptocurrency industry can make it quite challenging to find the best crypto projects to invest in.

In this article, we take a look at a dozen of the most promising cryptocurrency projects, and find out how you can get involved in the presale of one of this year’s most hyped tokens.

The Best Crypto Projects for 2024

A sneak peek at some of the most interesting crypto projects to buy in 2024 can be found below.

1. Dogeverse – Multi-chain crypto project, stake on Ethereum for passive rewards.
2. Slothana – SOL meme coin in the last phase of its presale, buy and hold $SLOTH to earn airdrop points.
3. 99Bitcoins – Learn-to-earn token that rewards holders for becoming more informed about crypto.
4. Sponge V2 – Future crypto project combining the charm of memes with utility.
5. Smog – Buy and hold $SMOG to generate and earn airdrop points.
6. eTukTuk –  Emerging green crypto aiming to reshape the future of transport. 
7. Bitcoin Minetrix – A unique stake-to-mine cryptocurrency with 56% staking APY.
8. Dogecoin20 – Eco-friendly riff on the original Dogecoin with 400% staking APY.
9. BNB – The native token of Binance, one of the biggest cryptocurrency exchanges.
10. Bitcoin – First and largest cryptocurrency in the space.
11. Cosmos – Scalability solutions that allows blockchains to transfer value with one another.
12. Ethereum – Largest altcoin in the cryptocurrency space with smart contracts.

A Closer Look at the Best Crypto Projects to Invest in

The cryptocurrency industry is booming with many investors looking for the top crypto to invest in ahead of the next altcoin season. Right now, around 4.2% of the world’s population holds cryptocurrency. But with rapid retail and institutional adoption, crypto has impressive long-term prospects.

In just over a decade it has produced dozens of game-changing innovations, many of which are beginning to work their way into our everyday lives — like digital payments and blockchain gaming.

Spotting the most innovative crypto to buy requires a great deal of research and analysis, but it can be an incredibly rewarding process. With that in mind, we’ve scoured the fertile land of crypto to find the next big cryptos to invest in today.

Whether you’re looking for undervalued gems, the best upcoming ICOs, first-movers, cryptocurrency pioneers, or early-stage behemoths, this list has something for everyone.

1. Sponge V2 – Combining The Charm Of Memes With Utility, Offers A Minimum APY of 40%

Sponge V2 is currently one of the most exciting crypto projects, particularly for those fascinated by meme coins with utility and their upside potential.

Building on the success of its predecessor, Sponge V1, which experienced a massive 100x growth and reached a nearly $100 million market cap, Sponge V2 aims to offer an upgraded version with even more utility.

A key feature of Sponge V2 is its innovative Stake-to-Bridge model. This mechanism allows for a seamless transition from Sponge V1 to V2, wherein V1 token holders can stake their tokens to receive an equivalent number of V2 tokens.

The presale phase is uniquely structured: Buying SPONGEV1 tokens via the Sponge website automatically enrolls buyers into V1 staking, and they are correspondingly allotted SPONGEV2 tokens.

For existing SPONGEV1 holders, staking in the V1 module initiates the swap to V2 tokens, along with the potential to earn staking rewards for four years.

This approach ensures loyalty and promises attractive APYs, making it an exciting option for new and existing investors.

Also distinguishing from its previous version, Sponge V2 offers a P2E game named Sponge Racer. This game adds a layer of utility and interactivity to the token, allowing players to use Sponge V2 for gaming and earning additional tokens.

SPONGEV2 has a total supply of 150 billion tokens. A substantial 43.09% of this supply is set aside for staking rewards, with an additional 8% allocated for the P2E game rewards.

The project aims to capitalize on its strong community base of 30,000 members. It plans to extend its reach through strategic marketing initiatives, aiming for listings on major exchanges like Binance and OKX.

Users can enter the SPONGEV2 Telegram channel and follow it on X (Twitter) for the latest project updates.

Visit Sponge V2

2. Smog – Meme Crypto Project with Massive Airdrop Rewards

SMOG positions itself as “the most rewarding token on Solana,” claiming origins from the celestial forge of Jupiter. This newly-launched Solana-based coin boasts a fair launch mechanism and promises an extraordinary Solana airdrop event.

The coin’s fair launch emphasizes inclusivity, offering all participants an equal chance to join the SMOG community early. Its main draw lies in the promised “Greatest Airdrop in History,” with an ambitious marketing and allocation strategy—50% for marketing, 35% for the airdrop, 10% for upcoming exchange listings, and 5% for liquidity.

The project outlines an aggressive roadmap, including phases for airdrops and community growth, investors should remain cautious and evaluate the token based on its real-world utility rather than grandiose promises. Despite the uncertainties, early supporters may play a pivotal role in shaping SMOG’s journey and potentially witnessing the emergence of a significant meme coin within the Solana ecosystem.

Visit Smog

3. Bitcoin Minetrix – Earn High Annual Yields and Cloud Mining Credits, Buy Before Price Rises By 16%

One of the most exciting crypto projects is Bitcoin Minetrix ($BTCMTX), which is our next pick for the best upcoming cryptocurrency project in 2024. This crypto platform combines proof-of-work and proof-of-stake – offering a unique stake-to-mine crypto process.

Users looking to benefit from Bitcoin mining cost-effectively can join the Bitcoin Minetrix platform to access tokenized cloud mining credits. Cloud mining is a process through which individuals can get rented mining times through third-party corporations since it saves the costs associated with buying hardware and advanced equipment to mine cryptos.

However, Bitcoin Minetrix is the first platform to decentralize the cloud mining process. By offering ERC-20 cloud mining credits, Bitcoin Minetrix ensures transparency and security of the user’s assets. The tokens can be earned by purchasing and staking $BTCMTX – the native token. These tokens are staked on an Ethereum-powered smart contract on the Bitcoin Minetrix ecosystem.

While the cloud mining credits cannot be traded, they can be burned to earn Bitcoin cloud mining power. Thus, users can access allocated mining times and earn a portion of Bitcoin mining fees. Bitcoin Minetrix is also witnessing huge success – having raised over $2.1 million since the launch of the token presale.

While $BTCMTX has a low supply of 4 billion tokens – 70% are being allocated for the ongoing presale. Currently, the token is priced at just $0.0133, but the price increases every few days, with the countdown clock on the site showing the days until the next price increase.

By the end of the presale, Bitcoin Minetrix aims to raise a hard cap of $33.46 million. Once the token is listed on crypto exchanges, we can potentially see the price flourish with an increase in trading volume. Bitcoin Minetrix is also offering annual yields as high as 270% to staked token holders.

Stay updated with this cryptocurrency by going through the Bitcoin Minetrix whitepaper and joining the Telegram channel.

4. Dogecoin20 – Interesting Crypto Project With Over 400% Staking APY

Dogecoin20 (DOGE20) is one of the most interesting crypto projects as it offers high staking APY of over 400% and it aims to repeat the success of the original Dogecoin. Unlike Dogecoin that trades at a market cap of over $21 billion, Dogecoin20 is still in its infancy as you can only buy the token on a presale for $0.000158 apiece.

In less than a week since launch, the presale has already raised close to $2 million, showing impressive investor interest. To buy the token, connect your MetaMask wallet to the presale site and use ETH, USDT or a card to complete the purchase.

The total token supply is 140 billion tokens. Only 25% of those will be offered in the presale, while 12.5% will distributed as staking rewards in the first year and 2.5% in the second year of staking, per the Dogecoin20 whitepaper.

Follow Dogecoin20 on X and join the Dogecoin20 Telegram channel to stay up to date with the latest information.

Visit Dogecoin20

5. BNB – Token with Impressive Track Record and Use Case

Binance is well-known as a cryptocurrency exchange titan, with trading volume that dwarfs all other centralized exchanges.

With the recent advent of BNB Chain (formerly Binance Smart Chain), Binance has made its foray into the smart contract space in a big way. BNB Chain is now the third most popular blockchain by DeFi total value locked (TVL) and the second by market capitalization.

For those looking for the best crypto to invest in, BNB stands out as a promising candidate. Widely heralded as the king of token utility, BNB has a huge number of uses in the Binance and BNB Chain ecosystem — being used for paying gas costs on BNB chain, participating in Binance launchpad sales, unlocking trading fee discounts, and more.

BNB has also proved to be heavily resistant to bear markets. In 2019, a time when most cryptocurrencies were collapsing in value, BNB was shattering record highs. Likewise, while most cryptocurrencies have lost upwards of 80% since the 2021 bear market, BNB is down just 60% — demonstrating its relative strength. According to most BNB price predictions this promising crypto could reach highs of $2k by the end of 2030.

Part of this may be attributed to the large number of BNB burned through the buy back and burn campaign and the more recent pioneer burn program, reducing its supply. To date, more than 1.95 million BNB has been burned, worth more than $500 million.

6. Bitcoin – Original Cryptocurrency Fiat Alternative

The one that started it all. Bitcoin is a staple in the portfolio of most cryptocurrency investors due to its impressive price action and long-term prospects.

As a cryptocurrency designed to be a direct replacement for traditional fiat, Bitcoin has seen rampant adoption by individuals, businesses, and enterprises worldwide, and is now considered legal tender in El Salvador and the Central African Republic.

Despite having a market cap of more than $380 billion, Bitcoin actually has no major competitors. Other simple payment cryptocurrencies, including Litecoin and Monero, fall utterly short when it comes to global adoption and nothing has managed to even come close to Bitcoin’s success.

Indeed, Bitcoin is now held by numerous sizeable firms, including the likes of Tesla, Coinbase, Block, and MicroStrategy.

This gradual adoption has fueled one of the most impressive price rallies ever seen, with Bitcoin exploding from essentially $0 to a peak value of more than $69,000 since 2009. Many believe it is just a matter of time before it shatters this value to reach even greater heights.

And with Bitcoin’s utility and uptake set to dramatically increase over time thanks to the growth of the Lightning network, and the development of Bitcoin DeFi solutions like Portal, there is good reason to believe Bitcoin is the best crypto of the future.

7. Cosmos — Bet on the Cross-Chain Future with this Innovative Crypto Project

Interoperability has been a long-standing problem in the blockchain space.

Right now, most blockchains operate as closed-off ecosystems with essentially no way to communicate with other platforms. This limits their utility since it prevents developers from leveraging the unique properties of different blockchains within their dApps.

It also leads to a great deal of redundancy and friction for end-users — since popular dApps are forced to deploy on multiple different chains, and users are forced to get to grips with multiple different blockchains and wallets to access their favorite dApps.

Cosmos, however, wants to make this a thing of the past by powering an interchain landscape of products and services — all of which is connected by its proprietary cross-chain message passing and inter-blockchain communication protocols.

This will allow value (e.g. tokens) and data to be transferred across compatible blockchains seamlessly, while allowing Cosmos ecosystem chains to interact with existing external blockchains, like Bitcoin and Ethereum.

Cosmos is tackling one of the hardest challenges in the blockchain space. If it succeeds, the ATOM token could potentially be one of the most innovative cryptocurrencies to invest in, with a huge number of rails that deliver value to ATOM holders. This includes regular airdrops, staking fees, and on-chain governance.

Arguably the best cryptocurrency of the future, ATOM has demonstrated long-term growth and could be set to retake its previous all-time highest value of $44.70 in the coming years.

8. Ethereum — The Ever-Popular Smart Contract Platform

No list of promising long-term cryptocurrency investments would be complete without Ethereum — the juggernaut that introduced smart contracts to the world.

As a smart contract platform, Ethereum is used to host decentralized applications (dApps), which are powerful blockchain-based apps that can be accessed from anywhere, by anyone, at any time.

The platform is currently the dominant smart contract platform, with over 3,000 dApps now running on the blockchain, and more than $34.1 billion controlled by Ethereum DeFi services.

Despite growing competition among other smart contract platforms, including the likes of Solana, BNB Chain, Avalanche, and more, Ethereum is set to complete one of its biggest ever upgrades in mid-September.

The upgrade, known as ‘The Merge’ will see Ethereum move from its energy-intensive Proof-of-Work consensus system to the much more environmentally friendly Proof-of-Stake. It will also set the stage for a range of further upgrades that could help Ethereum secure its position as one of the most technically advanced blockchains in operation. This could make ETH the most energy-efficient crypto of the year.

As the native gas token of the Ethereum platform, the ETH token is set to become the main beneficiary of this growth. This is why ETH has managed to perform better than most in the bear market and stands to experience potentially meteoric growth in the months and years ahead.

How to Find the Best Crypto Projects

Looking to get rich off cryptos? Cryptocurrencies are, without a doubt, the most profitable asset class of the 21st Century. Indeed, the returns provided by the hottest cryptocurrencies like Bitcoin, Litecoin, and Ethereum have eclipsed those provided by traditional asset classes over the same time period.

But not all cryptocurrencies are built equal. Indeed, only a small minority of cryptocurrencies achieve the parabolic growth typically associated with the asset class. Most, unfortunately, fail to gather significant momentum. Even those using the best crypto signals cannot accurately pinpoint which cryptos will explode in the near future.

Because of this, it’s important to take the time to separate the best crypto coins from the likely failures, rather than deploying funds indiscriminately. Contrary to popular belief, not all cryptocurrencies will grow in value, and many of today’s most popular assets will never return to their former glory.

Determining the most interesting crypto to invest in can be a challenge, but it’s very possible with the right strategy. Some of the things you’ll want to consider include:

Understand supply changes

Cryptocurrencies tend to be inflationary. Put simply, this means the number of coins or tokens in circulation usually increases over time — typically due to staking rewards, early investor vesting, and treasury unlocks.

For tokens without significant buy-side demand, this can lead to significant and sustained sell pressure, collapsing the value.

Tokens with a large fraction of their maximum supply in circulation tend to be least affected by this phenomenon but also tend to have less upside potential. Meanwhile, newer tokens tend to suffer more from this challenge, but also have more potential upside.

Changing trends

Every bull market has its themes and trends. Spotting these early is one of the best ways to secure substantial profits.

In many cases, the best crypto to buy is a first mover in a new trend, whether that be meme coins – or shitcoins as they can be known – the metaverse, blockchain gaming, NFTs, interoperability protocols, or something entirely new.

History has shown that the first mover advantage is present even in the crypto sector.

Token utility

Token utility refers to the actual value a cryptocurrency can offer during the ecosystem. Utility can be generated by a number of means, including staking rewards, in-platform purchases, discounts on fees, and more. 

The vast majority of cryptocurrency tokens lack significant utility or the correct product/market fit. As a result, their long-term prospects are weak.

But for projects with well-crafted token utility, buyer-side demand can help sustain the token’s value during a bear market, and send it skyrocketing in a bull one.

As such, it’s always wise to scrutinize a token’s real utility before speculating on it.

Team and backing

Many of today’s most successful projects are created by repeat entrepreneurs who have a history of success.

Likewise, the partners, collaborations, and integrations a project has can play a pivotal role in its success or demise.

Because of this, it’s wise to check who is behind the project, to see if they’ve got what it takes to produce the results you’re looking for.

How to Buy Future Crypto – $DOGEVERSE

Here’s a step-by-step guide on how to buy $DOGEVERSE tokens through the $DOGEVERSE Token presale.

Step 1: Connect Your Wallet

Locate the presale widget at the top of the Dogeverse webpage and connect your preferred wallet. Multiple wallet options are available for your convenience.

Step 2: Choose Your Network

After connecting, select your network that you want to use to participate in the Dogeverse presale. Options include Ethereum, BNB Chain, or Polygon.

Step 3: Purchase Tokens

Specify the amount of ETH, BNB, MATIC, or USDT you want to exchange for $DOGEVERSE and confirm the transaction within your wallet.

Step 4: Claim Your Tokens

Following the presale’s conclusion, use the same wallet and network used for the purchase to claim your $DOGEVERSE tokens.

Step 5: Bridge or Trade

$DOGEVERSE tokens will be accessible for trading across major chains and decentralized exchanges (DEXs). Use the Dogeverse Bridge to seamlessly switch tokens between different chains.

Visit Dogeverse

Conclusion

The cryptocurrency industry provides endless opportunities for speculation. But filtering the truly promising projects from the duds is easier said than done.

In this guide, we’ve discussed a range of projects that stand an excellent chance of achieving long-term growth and success — helping to deliver the parabolic returns that are characteristic of cryptocurrencies.

One of the best cryptos to watch right now is Dogeverse. This multi-chain meme coin aims to list on major exchanges, outperforming peers like Dogecoin and Bonk, while returning passive staking rewards to holders.

Visit Dogeverse

Crypto Projects FAQs

What is the best crypto project to invest in?

The cryptocurrency landscape is as deep as it is wide. There are quite literally tens of thousands of different cryptocurrencies now available — many of which are attractive investment opportunities.

Some of the most popular choices for the best crypto to buy include BTC, ETH, BNB, and ATOM, while we recommended Dogeverse which is getting huge interest from investors.

What are the most exciting crypto projects of 2024?

The best crypto project depends on your investing style, budget and interests. However, we recommend Dogeverse, 99Bitcoins and Slothana as crypto projects that are still in their early stages but have a lot of future potential.

Which crypto is best for the long term?

Not all cryptocurrencies have long-term growth potential. But the best crypto to invest in for future returns tends to be those that offer strong token utility, target a large audience, and have enough funding to develop a killer product. Crypto projects such as Dogeverse, Sponge V2 and Bitcoin Minetrix have the potential to be listed on Coinbase in the future.

Where can I find interesting crypto projects to buy?

You can find interesting crypto projects to buy on cryptocurrency exchanges, research platforms or reliable crypto websites such as Cryptonews.com. Remember to always do your own independent research before investing money into any crypto project.

How do I find upcoming crypto projects?

The major crypto news sites will often post about the latest new coins or crypto projects. You can also stay updated through social media and community forums for project announcements and pre-sale opportunities.

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.