Everything you need to know in 2024

Imagine discovering that investing in cryptocurrencies is much easier than you think? Maybe if you had discovered this a few years ago and bought some bitcoins at a ridiculous price, you would be a millionaire today. What we are going to show you is that investing in cryptocurrencies is for everyone, regardless of their knowledge of investment markets.

Unlike the stock market, the foreign exchange market, and other capital markets, the cryptocurrency market is democratic and accessible. First, because you don’t need a degree in economics to understand how cryptocurrencies work; quite the opposite. Economists have a hard time explaining why cryptocurrencies are so valuable, more so than the shares of the world’s best companies.

Furthermore, investing in cryptocurrencies is considerably low. Nowadays, with pennies you can buy cryptocurrencies that can appreciate considerably. To give you an idea of ​​what we are talking about, Bitcoin, which recently turned 14 years old, cost $0.30 in December 2010, the year it was launched. Today, this same cryptocurrency has already surpassed the $60 thousand mark.

With stratospheric potential for appreciation, the race for cryptocurrencies that could become the next bitcoins is one of the most interesting races to participate in today. To help newbies who want to participate in this race, we have prepared a guide with everything you need to know to start investing in cryptocurrencies right now.

Which cryptocurrencies are worth investing in in 2024?

Do you want to start investing in the cryptocurrency market? Then you need to know which cryptocurrencies are the most interesting today. Check out the list of the 14 most interesting cryptocurrencies to keep an eye on:

1. 1. Pepe Unchained – Crypto with low fees, high speed and massive staking rewards.
   2. The Meme Games – New play-to-earn memecoin celebrating the 2024 Olympics.
   3. WienerAI – Infinitely upgradeable sausage dog-themed token offering high APY staking benefits.
   4. PlayDoge – Play-to-earn (P2E) mobile game with Doge as the main character.
   5. Shiba Shootout : Wild West themed memecoin with community rewards and staking.
   6. Base Dawgz: Memecoin multi-chain com recompensas share-to-earn.
   7. Mega Dice Token – A CasinoFi token that offers tradable NFTs and staking APYs.
   8. 99Bitcoins – Innovative L2E Token, Earn APYs with Staking and Learning Rewards.
   9. Sponge V2 – Second version of the successful memecoin inspired by the iconic SpongeBob SquarePants.
   10. Pepe – Pioneer Memecoin on the Ethereum blockchain.
   11. Polygon – Scaling solution for Ethereum, offering fast and cost-effective transactions.
   12. Celestia – Modular platform for scalable and decentralized blockchain.
   13. Cosmos – Interoperable ecosystem for independent and scalable blockchains.
   14. Dogwifhat – Principal memecoin na blockchain da Solana.

Detailed analysis of cryptocurrencies to invest in 2024

First of all, it is worth highlighting the main cryptocurrencies to invest in today. These cryptocurrencies have interesting projects, which we will discuss later, which make them some of the most potential cryptocurrencies on the market.

1. Pepe Unchained

Pepe Unchained is a Layer 2 blockchain that offers unmatched speed and low transaction fees, designed specifically for meme coin enthusiasts. It provides 100x faster transactions than Ethereum and an instant bridge between ETH and Pepe Chain. With $PEPU, you can stake tokens to earn significant rewards and be part of a vibrant ecosystem.

Pepe Unchained’s dedicated block explorer and lower fees make it an attractive choice in the presale market. To get the most out of this project, read the whitepaper, follow Pepe Unchained on X, and join the Telegram channel.

Visit the Pre-Sale website

2. The Meme Games

The Meme Games ($MGMES) brings the excitement of the Olympic Games to its pre-sale, giving investors the chance to earn bonus tokens every time they purchase $MGMES tokens.

All you have to do is select one of the iconic meme characters, such as Doge, Pepe, and Brett, and try your luck in a 169m race. All characters have an equal chance of winning, and winning a race is random. If your character wins, you get 25% bonus tokens.

You can purchase $MGMES tokens multiple times to increase your chances of winning, as each purchase allows you to pick another meme athlete. During the presale, investors can stake their tokens to earn a dynamic APY of 4,500%. Being dynamic, it will decrease as more tokens are staked, giving early investors the biggest rewards.

Visit the Pre-Sale website

3. WienerAI

WienerAI ($WAI) is one of the biggest memecoin sensations with the potential to fly to the moon when it launches on cryptocurrency exchanges. Within hours of its pre-sale launch, this promising project has already raised over $200,000 in seed funding.

WienerAI comes with a combination of AI and memecoin fundamentals, describing itself as the “first Wiener/Dog/Artificial Intelligence ever created.” With its community-driven tokenomics and strategic roadmap, the dog-inspired token aims to lead the bustling memecoin market.

Despite being a new cryptocurrency, WienerAI has quickly gained prominence, attracting the attention of market whales. A key factor that has positioned Wiener AI for success in the market is its perfect launch timing.

With the overall market sentiment still bullish, investors continued to show a strong appetite for memecoins with “100x potential.” Since Wiener AI is a token with such promising potential, more buyers are sure to participate in its presale.

To purchase the token at a discount and stand a chance of earning exponential gains when it hits exchanges, visit the website now. In addition to purchasing Wiener AI to gain potential market gains, early adopters can also take advantage of its standard staking mechanics to earn lucrative rewards.

Visit the Pre-Sale website

4. PlayDoge

The top memecoin to invest in 2024 is PlayDoge ($PLAY). PlayDoge takes the top spot by introducing a play-to-earn mobile game that will turn the iconic Doge meme into a Tamagotchi-style virtual pet.

Bringing back 90s nostalgia, the PlayDoge mobile game will feature 8-bit 2D graphics, similar to the classic Tamagotchi style of gaming. However, PlayDoge is combining entertainment with financial incentives by launching the $PLAY token.

By caring for your PlayDoge virtual pet and competing in mini-games, you can earn $PLAY tokens as a reward. The upcoming launch of the app will showcase the best performances in the game on an online leaderboard. Top performers will also be eligible for additional $PLAY bonuses and other exclusive rewards.

PlayDoge launched at a time when investors are starting to value utility. In the past 30 days, Dogecoin – purely a memecoin – is up 15%, while high-utility memecoins like Floki Inu – which has a P2P game called Valhalla – are up over 50%.

$PLAY token holders can gain more utility by staking their tokens. Currently, $PLAY is priced at $0.00451 in the presale. The presale will consist of 40 rounds, through which PlayDoge aims to raise a maximum cap of $24.4 million.

Visit the Pre-Sale website

5. Shiba Shootout

Shiba Shootout is a Western-themed memecoin featuring Shiba Sharpshooters and an engaging storyline. The $SHIBASHOOT token, an ERC-20 asset, powers several ecosystem activities. These include referral rewards, community engagement through Campfire Stories, and gamified airdrops via Lucky Bow Sweepstakes.

With a total of 2.2 billion tokens, 35% are allocated for the presale. The remaining tokens support Saddlebags Savings and Cactus staking for long-term gains. Shiba Shootout aims to provide both short-term excitement and long-term benefits.

Visit the Pre-Sale website

6. Base Dawgz

Base Dawgz is an interesting memecoin with the potential to explode in 2024. That’s because $DAWGZ isn’t tied to a single blockchain. Instead, utilizing Wormhole and Portal Bridge technologies, $DAWGZ is available on five blockchains: Base, Solana, Ethereum, Binance, and Avalanche.

This gives the token massive exposure to the memecoin trading community and other investors. To help promote the token, Base Dawgz will reward users who connect their X accounts and post Base Dawgz-related memes and content. This is called “Be Social for Airdrop.” Additionally, there is an allocation of 15% of the total token supply for marketing purposes.

$DAWGZ is currently available in a pre-sale where early investors can secure a low price. Once the token is listed on exchanges, the price will not be the same. Check out the Base Dawgz whitepaper to learn more about the project.

Why Dawgz Base Could Be the Next Crypto to Explode

• $DAWGZ offers seamless interoperability across multiple blockchains (ETH, SOL, BSC, AVAX), providing versatile use cases for users.
• The roadmap includes strategic phases such as DEX and CEX listings, community rewards, and ongoing marketing.
• Tokenomics allocates 20% to presale, staking, and liquidity, ensuring sustainable growth.

Visit the Pre-Sale website

7. Mega Dice Token

Mega Dice Token ($DICE) is a token based on the Solana network, powering an entire gaming ecosystem. The token can be used to claim various bonuses and rewards at Mega Dice Casino and sportsbook.

This token has the potential to explode due to the following use cases it offers:

• Staking Yields – Stake $DICE on the Mega Dice smart contract across three staking pools and start collecting regular annual yields.
• Daily Rewards – Staking token holders can earn daily rewards in casino games depending on their previous performance at the casino.
• Get NFTs – Certain $DICE holders have access to limited edition NFTs. This leads to special privileges and rewards in the ecosystem.
• Early Bird Bonus – Purchase $DICE early during the presale and get free tokens as an early bird bonus.

Mega Dice Token has a fixed supply of 420 million tokens. According to the Mega Dice Token whitepaper, a portion of the profits generated will be used to buy back tokens in the ecosystem. The platform will also start burning tokens to reduce the supply.

35% of the supply is being offered through ongoing presale. Another 10% will be offered as staking rewards. The $DICE token is priced at $0.069 during the initial presale round.

Visit the Pre-Sale website

8. 99Bitcoins

In early 2010, 99Bitcoins launched as an online crypto-educational platform. Now, the popular platform is transforming into a Learn to Earn ecosystem where users are rewarded with digital assets for increasing their knowledge.

Built on the Ethereum blockchain, 99Bitcoins will soon migrate to the Bitcoin network. It will adopt the BRC-20 network standard, which allows developers to create DApps and NFTs.

At 99Bitcoins, you can complete interactive courses, seminars, and quizzes. As you progress through the curriculum, 99Bitcoins offers $99BTC tokens as rewards. Out of its 99 billion token supply, 17% will be offered as community rewards.

While the earning possibilities through the educational ecosystem are enough to generate huge growth potential, 99Bitcoins also offers high staking yields. You can earn annual yields of up to 70,000% with $99BTC staked.

14% of the token supply will be offered as staking rewards over the next two years. Finally, token holders get exclusive access to VIP groups and expert trading signals. For these reasons, 99Bitcoins could be the next cryptocurrency to explode.

The project had a great start to its presale – raising over $117,000 in just a few hours. The goal is to raise $11 million through the presale before launching on centralized and decentralized exchanges.

Visit the Pre-Sale website

9. Sponge V2

The year 2023 was marked by surprising increases in the prices of several memecoins, resulting in considerable gains for those who managed to position themselves appropriately in the market. Among the memecoins that experienced notable increases in value, both the established and the newer ones stood out and hold a special place among the best investments for 2024.

One notable example is one of the promising microcoins, Sponge V2 (SPONGEV2) , a new iteration of the memecoin Sponge ($SPONGE), which has attracted considerable interest from traders. The new iteration is introducing a unique pre-sale, where investors can acquire Sponge V2 tokens by staking them with tokens from the original version of the cryptocurrency.

The strategy of the team behind Sponge V2 is to create an engaged community, taking inspiration from the success of the original version. The latter, launched in May 2023 on Uniswap, saw a significant increase in value shortly after its launch. Despite a subsequent slowdown, Sponge has maintained a considerable value and has seen a subsequent increase in its price.

With a total supply of 150 billion tokens, Sponge V2 allocated 26.93% for pre-sale acquisition through staking , with the remainder distributed between staking rewards, liquidity on decentralized exchanges, marketing expenses, game development, and in-game rewards.

Investors are interested in Sponge V2 for a number of reasons, including the expectation of similar returns to the original version and the current memecoin-friendly environment in the market. Additionally, the connection to the popular SpongeBob SquarePants character and plans for a Play-to-Earn game are generating excitement around the cryptocurrency.

The team behind Sponge V2 plans to build on the success of the original version by leveraging proven strategies to grow the community and increase visibility on social media. Allocating resources to marketing expenses and pursuing listings on major exchanges are part of the plan to further drive the success of the new memecoin.

Visit the Pre-Sale website

10. Pepper (PEPPER)

Pepe (PEPE) is a meme cryptocurrency inspired by the iconic internet meme Pepe the Frog. Launched in mid-April 2023 with an attractive initial price and an abundant supply of 420 trillion tokens, referencing the 4/20 cannabis culture, PEPE quickly built a committed and enthusiastic community. Unlike many memecoins, PEPE implements a no-fee policy on transactions, eliminating the cost of buying or selling the token and increasing its appeal.

In short, PEPE is an ERC-20 token with a deflationary model, introduced on the Ethereum blockchain and operating under the proof-of-stake (PoS) consensus mechanism. The majority of the token supply, specifically 93.1%, has been allocated to the liquidity pool, with LP tokens permanently removed from circulation and the contract renounced. The remaining 6.9% of the supply is securely stored in a multi-signature wallet for future use in listings on centralized exchanges, bridges, and liquidity pools.

11. Polygon (MATIC)

First of all, it is worth noting that Polygon (MATIC) is a layer 2 network built on the Ethereum blockchain, a blockchain ecosystem that offers a wide range of scalability solutions for developers. Originally known as Matic Network, Polygon positions itself as a scalability solution for Ethereum, aiming to improve speed and reduce transaction costs on the Ethereum network.

In 2024, Polygon will undergo a significant evolution with the transition to Polygon 2.0. This upgrade includes a series of infrastructural improvements aimed at increasing scalability and interoperability between the chains in its ecosystem. Polygon 2.0 aims to establish a network of layer 2 chains powered by zero-knowledge (ZK) proofs, united by a cross-chain coordination protocol, collectively referred to as “the Internet of Value Layer.”

Therefore, Polygon offers several platforms for building high-performance decentralized applications, including Polygon PoS – a Proof of Stake (PoS) sidechain on Ethereum, Polygon zkEVM Rollup – a layer-2 network based on zero-knowledge proofs and compatible with Ethereum Virtual Machine (EVM), and Polygon Miden – a layer-2 network also based on zero-knowledge proofs but not compatible with EVM.

12. Celestia (TIA)

Celestia, known as the first modular blockchain network, has been gaining attention in the market. Celestia’s native token, TIA, has reached a new all-time high price, surpassing $20, and is now among the top 40 tokens by market cap. Since October 2023, TIA has been growing steadily, with significant increases in just one year.

One of the key factors driving TIA’s growth is its innovation as a modular blockchain network, making it easy to deploy blockchains without the need for coding from scratch.

The network has been popular, which is reflected in its token price. Additionally, staking activity and unique wallet growth have been notable, with over 300,000 unique staking wallets recently reported.

Despite the growth, there are signs of overextension on the TIA price chart, indicating a possible correction in the short term. Still, analysts remain bullish on the long term, with predictions indicating that the TIA price could reach significant highs in the coming years.

13. Cosmos (ATOM)

In August 2024, Cosmos (ATOM) presents an intriguing profile for investors looking for cryptocurrencies with growth potential, despite some recent challenges. Cosmos’ strength lies in its innovative architecture and interoperability approach. After all, it stands out as one of the few networks that facilitate communication between different blockchains, thanks to its Inter-Blockchain Communication (IBC) Protocol.

Furthermore, the Cosmos community has shown a commitment to the economic sustainability of the ATOM token. A recent proposal, although it did not pass, to adjust ATOM’s minimum inflation rate to 0% reflects an effort to align the coin with more efficient operating models of other blockchains and reduce selling pressure on the token. This community’s attitude towards ATOM’s monetary policy may be indicative of its maturity and economic responsibility.

The network includes several innovative projects such as Osmosis, Kava, and Akash Network, all contributing to the robustness and diversity of Cosmos. This ever-growing ecosystem offers a variety of opportunities for use and development, which may be indicative of its future potential.

14. Dogwifhat (WIF)

If you’re a crypto enthusiast looking to explore speculative assets, Dogwifhat (WIF) may be on your radar. This Solana-based memecoin gained popularity in early 2024, standing out amid the growing wave of meme coins.

This comprehensive review provides a detailed look at WIF, from its inspiration to fundamental and technical analysis, as well as a price forecast for the coming years.

Dogwifhat, with its quirky name and online community origins, has become a prominent member of the Solana ecosystem. With a solid foundation on the Solana blockchain, which has shown consistent growth and development, WIF offers an interesting alternative for investors looking for a meme coin with a controlled supply.

The name “Dogwifhat” is a playful portmanteau of “Dog With Hat,” reflecting the quirky and humorous nature that many enjoy within the cryptocurrency community. Its growing popularity is evidenced by the continued increase in the number of active social users, indicating a growing base of support and interest.

Since its launch in November 2023, Dogwifhat has experienced a volatile journey, reaching all-time highs amid the rising popularity of meme coins. The recent listing on multiple exchanges has contributed to its appreciation, reaching a market cap of over $1 billion.

What do I need to start investing in the best cryptocurrencies?

Despite being one of the most recommended investment markets for those who are just starting to invest their money, investing in the best cryptocurrencies requires a careful and well-informed approach. Before taking the first steps, it is essential to understand some fundamental aspects:

• Financial education: First of all, it is important to have a solid understanding of the cryptocurrency market. From understanding what cryptocurrencies are, how they work, and the risks associated with them. In our analysis of the top 10 cryptocurrencies to invest in this year, you will find this and other information, in addition to our other articles on the subject.
• Choosing a wallet: You’ll need a secure digital wallet to store your cryptocurrencies. There are different types of wallets, including online, hardware, and paper wallets. Choose the one that best suits your security needs.
• Trading platform: Choose a reputable and regulated trading platform to buy and sell cryptocurrencies. Make sure it offers a wide range of coins and analysis tools.
• Identification and security: Most exchanges require you to complete a verification process to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Keep your personal information and passwords safe.
• Investment Strategy: Determine your investment strategy, including how much money you are willing to invest, your investment horizon, and your risk tolerance. Portfolio diversification is recommended.

Also, stay updated on the latest news and developments in the cryptocurrency world. This can significantly affect the value of coins.

Why invest in cryptocurrencies in 2024?

The cryptocurrency market has become quite popular in recent years, attracting more players. With a financial volume of around 1.5 trillion dollars, it is one of the markets that continues to have large capitalization. Because of this, investing in cryptocurrencies in 2024 continues to be an attractive option for several reasons:

Market will enter the financial mainstream

The cryptocurrency market is increasingly gaining acceptance in the mainstream financial landscape. Large financial institutions, such as banks and investment funds, are exploring opportunities in this space. In addition, increasing regulation of the cryptocurrency market provides a safe and transparent environment for investors, such as the legal framework for cryptocurrencies in Brazil. These proposals increase confidence, and also pave the way for wider adoption by cautious investors and traditional institutions.

Bitcoin Halving in the Short Term

A halving is a scheduled event that occurs approximately every four years, where the reward for mining a Bitcoin block is cut in half. Therefore, this is the year that the next Bitcoin halving will take place. In previous halvings, it has been observed that the price of Bitcoin has generally increased in the months following the event. While the past is not a guaranteed indicator of the future, this historical pattern increases optimism around the next halving.

Financial institutions will create cryptocurrency ETFs

Cryptocurrency Exchange-Traded Funds (ETFs) are emerging as a significant trend in the financial market. Financial institutions are increasingly interested in creating and offering cryptocurrency ETFs due to several reasons.

One of them is that ETFs allow investors to gain exposure to cryptocurrencies without having to directly purchase and store digital assets. This makes investing in cryptocurrencies more accessible and convenient for both institutional and individual investors.

Additionally, as regulators begin to establish clearer guidelines for the cryptocurrency market, financial institutions are becoming more willing to enter the space. Regulated ETFs offer a safe way to invest in cryptocurrencies within the confines of regulations.

More cryptocurrency payment systems

The use of cryptocurrencies as a form of payment is expanding, with businesses and merchants accepting digital currencies as a payment option, making them more useful and widely accepted.

Major corporations, including the likes of Tesla and PayPal, are already known to be accepting cryptocurrencies. This move indicates a growing trend of accepting cryptocurrencies as a legitimate form of payment, signaling their entry into the financial mainstream.

Additionally, central banks around the world are investigating CBDCs as digital equivalents to traditional fiat currencies. These initiatives aim to provide governments with a safe and efficient way to manage money.

Cryptocurrencies are anonymous and decentralized

For the sake of illustration, the anonymous and decentralized nature of cryptocurrencies can be compared to the concept of global street food – there is no single authority controlling all the outlets, and vendors (users) operate independently but in a cohesive system.

After all, instead of relying on a central authority like a bank or government, cryptocurrencies use blockchain technology, which is managed by a globally distributed network of computers. This decentralization offers several advantages, such as resistance to censorship, a lower risk of systemic failures, and the absence of a single point of control that could be corrupted or manipulated.

Still, it is important to note that, although anonymous, cryptocurrency transactions are transparent. Once a transaction is validated and added to the blockchain, it becomes immutable and publicly visible.

How to invest in cryptocurrencies?

Now that you know the best cryptocurrencies to invest in this year, as well as the main aspects of the market, it’s time to make your investment. It’s a simple process that anyone can do, without the need to hire a specialist. See how to buy cryptocurrencies in 10 quick steps.

Step 1: Choose your cryptocurrencies

First of all, it is crucial to understand the basics of the market, so that you can choose the ones that interest you the most. Learn about what cryptocurrencies are, how they work, and the different types available. Familiarize yourself with concepts such as blockchain, digital wallets, and the volatility of the cryptocurrency market.

Step 2: Choose a reliable exchange platform

Next, choose a cryptocurrency exchange platform that is safe and reliable. Research the fees, security, types of cryptocurrencies available, and ease of use. Some popular platforms include Coinbase, Binance, and Kraken, each with their own unique features and advantages.

Step 3: Set up a digital wallet

It is important to know that to store your cryptocurrencies securely, you will need a digital wallet. These wallets are specifically designed for storing cryptocurrencies and there are many available on the internet. Choose between online wallets (more convenient, but with security risks) and offline or hardware wallets (more secure, but less convenient).

Step 4: Deposit funds into your account

In addition to choosing a platform and setting up a digital wallet, you need to send money from your bank account to your platform account. Typically, major platforms accept bank transfers, PIX, credit cards, or even PayPal, depending on the platform.

Step 5: Choose and buy cryptocurrencies

Also, look through the platform’s list of cryptocurrencies for the ones you want to buy. Do your research and decide which cryptocurrencies you want to invest in. Cryptocurrencies such as Bitcoin Minetrix, yPredict, XYZ, Meme Kombat are recommended for those looking for a low-cost investment and a medium to long-term return. Once you’ve decided, use the funds in your exchange account to buy the chosen cryptocurrency.

Step 6: Investment Strategies

It is also important to define your cryptocurrency investment strategy. There are many ways to invest, but the best known are long-term and active trading. In long-term trading, the investment remains in your portfolio for many years, until it increases in value enough to make good money. You can choose to trade daily, buying and selling cryptocurrencies after small positive changes and earning profits from the trading volume.

Step 7: Monitor your investment

Regardless of the type of investment approach you choose, it is crucial that you track the performance of your investment. Use the platforms’ tools and apps to monitor the value of your cryptocurrencies and market trends. Check out expert analysis and articles on cryptocurrencies to help you choose the right time to sell.

Step 8: Sell or exchange your cryptocurrencies

Have you noticed that cryptocurrency has reached an all-time high and that selling it could yield a good profit for you? Then sell your cryptocurrencies through the exchange platform where you purchased them. Alternatively, you can also exchange them for other cryptocurrencies, depending on the platform’s rules.

Step 9: Stay updated and keep learning

As seen throughout the article, the world of cryptocurrencies is always evolving and new projects are launched every week, so it is important to always stay on top of things. Stay informed about the latest news and developments in the crypto space to make informed investment decisions.

Step 10: Consider legal and tax aspects

Last but not least, it is essential that you comply with your tax obligations regarding cryptocurrencies. These obligations are essential to ensure the legality of your investment and to ensure that your profits are not taxed later.

Conclusion

In short, we know that starting a business can seem challenging, but it can also be equally rewarding. This is the case with investing in cryptocurrencies, which, despite the great challenges involved, also presents a prospect of profitability that few investments have.

So, start investing in cryptocurrencies with just a few cents, to get used to the tools and test your acquired knowledge. Move on to other strategies, but always keep in your portfolio the cryptocurrencies that have the potential for long-term returns. This is the case, for example, with Bitcoin Minetrix, yPredict, Launchpad XYZ and Meme Kombat.

So, now that you’ve made it this far, we believe you’re more than ready to start investing in cryptocurrencies this year. Remember to keep up with our news and analysis on which cryptocurrencies are worth investing in, to keep your investments in the best shape.

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