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As markets gear up for a big crypto year, retail investors are wondering about the best cryptos for 2024. This article explores top large and small cap picks for the upcoming year.
Key events, such as a possible Bitcoin ETF approval by January 10 and the Bitcoin Halving in April, may ignite a 2024 bull cycle.
Facing numerous choices for 2024’s best crypto, we offer a variety of large and small cap cryptos with high gain potential.
Also Read: 5 Best Cryptos To Buy That Crypto Influencers Back to Explode in 2024
Which Crypto to Buy 2024? Here’s 5 of the Best Large and Small Cap Cryptos on The Market
Best Crypto 2024 #5 – Stacks (STX)
Starting off our list is Stacks (STX), a layer-2 scaling solution designed for Bitcoin, that enables the development and deployment of smart contracts and dApps within the security of the Bitcoin network.
Poised as one of the most promising Bitcoin beta plays as the markets head into the upcoming halving event in late April, recent months have seen STX rally an impressive +240% over the past 3-months as traders flip bullish in sentiment.
Best Crypto 2024 #4 – Solana (SOL)
The largest increase (%) in active addresses in November was Ronin with a staggering 367.9% increase from the previous month, while Linea, Optimism, Arbitrum, Celo and Solana also saw impressive growth
November vs October active addresses by chain:
TRON 12.6M (+0.3%)
BNB 9.1M… pic.twitter.com/QvrNQtIcjr
— Nansen (@nansen_ai) December 15, 2023
One of the highest growth layer-1s over the past year has been Solana (SOL), which has gained major ground on Ethereum in recent months due to excessive ERC-20 network congestion and high gas fees.
Subsequently burgeoning as the third most active chain in the space, Solana’s native SOL token has emerged as an unmistakably strong hold for the year ahead after posting +255% price gains over the past 3-months.
Best Crypto 2024 #3 – Filecoin (FIL)
Coming in at third place is leading decentralized file storage token Filecoin (FIL) which has enjoyed a resurgence over the past month amid an emerging ‘storage narrative’.
Testament to the improved bullish sentiment behind Filecoin is a snapshot of dramatic growth, which has seen FIL price surge an impressive +147% in the past three-months.
With an ongoing retracement offering a tantalizing entry point for new investors, this Chinese-based crypto project isn’t one to be missed.
Best Crypto 2024 #2 – Rollbit (RLB)
Rollbit (RLB), a top GambleFi token, claims the second spot. It burst onto the scene in 2023, attracting traders with its significant use-case and revenue share rewards for holders.
Throughout 2023, Rollbit saw aggressive growth, reaching an all-time high of $0.26, a +988% increase for early backers. Currently consolidating after a major pullback, RLB presents an excellent entry point with substantial potential gains for the upcoming year.
Best Crypto 2024 #1 – OrdiZK (OZK)
$OZK Liquidity Lock Extended!
It was an effortless decision to prolong $OZK‘s liquidity lock to a full year. This step signifies a major achievement, marking a successful launch of the #OrdiZK ecosystem.
Learn more https://t.co/6xl3mFibGT pic.twitter.com/yE4YoHs4d0
— OrdiZK (@OrdiZK_) January 9, 2024
OrdiZK (OZK), a small cap crypto, ranks number one with immense potential, fueled by the rising interest in BRC-20 tokens. This project introduced the first zero-knowledge proofs for BRC-20 and is gaining popularity as an anonymous bridge.
Amid growing community excitement, OrdiZK’s low market cap of $4.14m poses a significant opportunity for gains. It’s expected to surge as a Bitcoin beta play this year.
Matching half of Stacks’ (STX) $1BN market cap could yield a 240x return for early investors, underscoring this low cap gem’s tremendous potential.
Which Crypto To Buy 2024? Bonus Small Cap Crypto: Sponge V2
Sponge V2, the latest iteration of the renowned Sponge ($SPONGE) meme coin, is making waves in the cryptocurrency market.
This comes following the phenomenal success of Sponge V1, which peaked at nearly $100 million in market cap and amassed over 13,000 holders, Sponge V2 arrives with promising innovations and opportunities for investors.
How to Acquire Sponge V2
Acquiring Sponge V2 is unique:
Stake Sponge V1: Buy and stake V1 tokens via Sponge.vip or stake your existing V1 tokens.
Earn More V2: The longer and more V1 tokens you stake, the more V2 tokens you earn.
Read more: Best Crypto to Invest In 2024
Staking Mechanics and P2E Integration
Sponge V2 introduces Play-to-Earn (P2E) utility, enhancing its ecosystem.
Stake your V1 tokens to earn V2, and engage in the upcoming P2E game to earn additional $SPONGEV2 tokens.
Resultantly, this P2E game, a new utility in the Sponge ecosystem, will feature both free and paid versions for enhanced gaming and earning experiences.
Unique Aspects of Sponge V2 Over BONG Token Price Pump
Exclusive Access: Earn $SPONGEV2 exclusively through $SPONGE staking.
Bonus Rewards: Buying and staking $SPONGE offers special $SPONGEV2 bonuses.
Passive Earnings: Staked $SPONGE tokens yield passive rewards, starting at a minimum 40% APY.
Permanent Transition: Staking V1 tokens will result in their permanent locking, shifting the focus to V2 post-launch.
Roadmap and Future Prospects
Sponge V2’s roadmap is ambitious, targeting 10,000 holders, Tier 1 CEX listings, and a $100M market cap.
The launch stages include the Sponge game’s development and the Sponge V2 claim and listing.
Sponge V2 is not just a sequel to its predecessor; it’s a reinvention with a focus on utility and community engagement.
The integration of P2E and exclusive staking mechanisms make it a standout project in the meme coin domain.
Stay updated on Sponge V2’s journey through social channels and witness its growth in the crypto world.
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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