Crypto investors and traders are consistently on the lookout for cryptocurrencies to diversify with in order to prepare for the next bull run which many analysts expect to occur soon. Many token prices are still below the highs set in the previous bull market, making this the perfect point in time to diversify any portfolio. By the end, we will determine which are the best cryptos to invest in.
5 Top Cryptocurrencies to Buy Now
- KangaMoon (KANG) – A Meme Coin That Features an Ecosystem With Social-Fi Elements and Play-to-Earn (P2E) Mechanics
- Cardano (ADA) – A Proof-of-Stake (PoS) Blockchain Designed to Be Efficient
- Internet Computer (ICP) – Network Where Independent Data Centers Are Combined And Create An Alternative to the Cloud Services on Web2
- NEAR Protocol (NEAR) – A Layer-1, Sharded, Proof-of-Stake Blockchain
- Bitcoin Cash (BCH) – An Altcoin Version of Bitcoin With Significant Changes
A Closer Look at Each Cryptocurrency That Can Prepare Traders and Investors for the Bull Run in 2024
For anyone expecting to learn more about each cryptocurrency on the list, keep reading as we will jump into far more in-depth information about their technology and overall price performance.
- KangaMoon (KANG) – A Meme Coin That Features an Ecosystem With Social-Fi Elements and Play-to-Earn (P2E) Mechanics
KangaMoon (KANG) is already dominating the charts and could soon reach exponential gains, and the catalyst for its massive growth even during the presale is its unique implementation of Social-Fi elements, a Play-to-Earn (P2E) system and a community-driven approach. The platform is built on Ethereum, and its token follows the ERC20 token standard.
Here, players on a global scale can connect, challenge themselves in fights and tournaments in order to test their skills and get rewards, incentivizing them to interact with the virtual world. Moreover, anyone can get NFTs and other rewards through completing quests, or battling with other players. Anyone can even engage in community events to get rewards. These can then be bought, sold or traded on the dedicated marketplace. So far, the project has reached Stage 4 of the presale, where KANG climbed from $0.005 to $0.014, and at this rate could reach new heights. Its presale raised $3.2 million and can soon break the $3.5 million mark. According to analysts, it can spike 5,000% at launch, positioning it as one of the hottest cryptocurrencies to jump into. These aspects position KANG as one of the best cryptos to invest in.
- Cardano (ADA) – A Proof-of-Stake (PoS) Blockchain Designed to Be Efficient
Cardano (ADA) has begun to climb the market cap ladder as it is a Layer-1 blockchain that utilizes the Proof-of-Stake (PoS) consensus in order to achieve scalability and become an efficient alternative to other networks that came before it. The native ADA token is used as a medium of exchange, without requiring any third-parties to get involved.
According to the Cardano price chart, the crypto is up 83.4% in the past year. Moreover, in the past month, it’s up 12.3%, and it has climbed 5% in the past week alone. According to the Cardano price prediction, it can end 2024 at $1.06.
- Internet Computer (ICP) – Network Where Independent Data Centers Are Combined And Create An Alternative to the Cloud Services on Web2
Internet Computer (ICP) has also seen significant growth on the charts and is positioned in a bullish direction. This is a protocol that enables computers to connect to each other, and share information without the need for any central server. Moreover, the year-to-date (YTD) climb for the Internet Computer crypto was by 289.6%. In the past month, Internet Computer climbed 55.8%, and in the past week it also surged by 65.5%. According to the price prediction, analysts project that the Internet Computer crypto can spike as far as $20.94 in 2024. These aspects make ICP one of the best cryptos to buy now.
- NEAR Protocol (NEAR) – A Layer-1, Sharded, Proof-of-Stake Blockchain
NEAR Protocol (NEAR) is a sharded network that also utilizes PoS. Through sharding, it is designed to improve the overall transaction speed and capacity found on networks that came before it. It’s also an infrastructure used for the development of dApps.
As for its historical performance, the YTD climb for the NEAR Protocol crypto was by 288.6%. In the past month it also spiked 105%, and according to the price prediction, the NEAR Protocol price can reach as far as $10.29 in 2024, making it one of the best cryptos to buy.
- Bitcoin Cash (BCH) – An Altcoin Version of Bitcoin With Significant Changes
Bitcoin Cash (BCH) is essentially an alternative version of Bitcoin, however, with changes to it that aim to enhance its overall functionality. It was the result of a 2017 hard fork of the network. Moreover, Bitcoin Cash is faster and cheaper to use than the main network, making it appealing to many DeFi users.
In addition, the Bitcoin Cash price has surged by 275.4% in the past year, and by 75.4% in the past month. According to the Bitcoin Cash price prediction, it can spike as high as $766.09 in 2024. As a result, it’s seen as one of the best cryptos.
The Best Way to Choose the Best Cryptocurrencies to Buy Now
Anyone can utilize the sharp movements of the crypto market to make profits, however, the best way to choose the best cryptocurrency to jump into is to conduct an analysis of its real-world utility, market capitalization, historical price performance and the overall demand and supply balance. Moreover, by jumping into presale-stage projects, traders and investors can get tokens at a discount before they explode in value, such as the case with KangaMoon.
Where to Find the Best Cryptocurrencies to Diversify With in 2024 and Beyond
There are a wide range of platforms through which traders and investors can conduct an analysis of the market to find the best tokens and coins. Some of them include CoinMarketCap, Reddit, YouTube, DexTools, presale listing sites or crypto news websites.
Should You Invest in the Short-Term or in the Long-Term for the Best Outlook?
This is highly dependent on the cryptocurrency in question. Some present opportunities in the short-term while others represent opportunities in the long-term. Typically, long-term gains can be seen with cryptos like Bitcoin as it has a maximum supply of 21 million, while short-term gains are made with meme coins.
The Best Trends Any Crypto Trader Needs to Be Aware of in 2024
The most experienced traders out there will typically follow the latest trends in order to analyze which cryptocurrencies can grow the most. Recently, a lot of focus has gone towards DeFi, GameFi, and AI, so projects that fall under these categories can enable traders to gain exposure towards the latest technologies and as a result can surge in value.
Moving Forward With Your Crypto Investments
Moving forward, traders and investors will need to create a portfolio that is balanced and provide them exposure in a variety of different industries. KangaMoon has showcased momentum in both DeFi and the GameFi space, making it one of the top cryptocurrencies to get at a discount during its presale.
FAQs
Which Are the Best Cryptocurrencies to Jump Into Now?
KangaMoon (KANG), Cardano (ADA), Internet Computer (ICP), NEAR Protocol (NEAR) and Bitcoin Cash (BCH) are some of the best cryptocurrencies to get right now based on our on-chart analysis.
What Crypto Has the Highest Growth Potential?
After following the latest trends and overall momentum, KangaMoon (KANG) is seen as the cryptocurrency with the highest growth potential as analysts project a 5,000% price increase.
What Is the Most Profitable Crypto Currently?
The most profitable crypto since its inception has been Bitcoin. However, altcoins such as the ones mentioned in this list have the potential to pass it in terms of growth percentage, resulting in much higher ROI.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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