12 Emerging & New crypto coins 2024
The unexpected rise in the Bitcoin price has grabbed all the eyes. Many people now wonder why they did not invest in Bitcoin when it was around 13 USD. People are now searching for new crypto coins 2024 options to find Bitcoin-like crypto to make excessive profits in the crypto market. If you are also looking for the same, then in this article, we will discuss the top emerging and upcoming crypto coins to buy that can give you a whopping profit, like Bitcoin. So stay tuned.
Here's a quick look at what you'll read
Cryptocurrencies can be defined as digital money or coin based on blockchain technology that is used to buy or sell goods and services.
- Binance (BNB)
- Solana (SOL)
- Dogecoin (DOT)
- Cosmos (ATOM)
- Shiba Inu (SHIB INC)
- Kaspa (KAS)
- Stellar (XLM)
- U.S. Dollar Coin (USDC)
- Ripple (XRP)
- Avalanche (AVAX)
- Polkadot
- Tron
Binance is the largest crypto exchange platform that offers more than 300 cryptocurrencies to trade. The platform also offers its own crypto Binance (BNB) to transact and trade.
Solana’s work is quite similar to that of Ethereum and Litecoin. However, it is much faster, and the transaction fees are also comparatively low. Therefore, it is widely known as the Ethereum killer.
Dogecoin (DOT) and Shiba Inu (SHIB INC) are popular meme coins for investing your money in 2024.
Introduction to Emerging Cryptocurrencies
Cryptocurrencies can be defined as digital money or coins based on blockchain technology used to buy or sell goods and services.
The popularity of crypto coins is increasing day by day as these are globally acceptable and easily convertible. In the trading world, the number of crypto traders is growing rapidly due to the high return on investment.
Bitcoin is the first and most popular cryptocurrency. It was around 13 USD in 2013, and while writing the blog it is around 73000 USD, and it is expected to reach around 1,000,000 USD in 2030.
The exceptional growth that Bitcoin saw in the last few years is much more than any other financial asset. So here is a list of top emerging and upcoming cryptocurrencies that have the potential to become another Bitcoin in the future.
12 Best Emerging and New Crypto Coins 2024
Binance (BNB)
Market Cap: $87.67 Billion
Current price: $625
Binance is the largest crypto exchange platform that offers more than 300 cryptocurrencies to trade. It was founded in 2017, and within six months, the platform became the biggest platform for trading crypto, such as Bitcoin, Ethereum, Dogecoin, and many others.
The platform also offers its own crypto Binance (BNB) to transact and trade. The massive popularity of the platform has contributed significantly to the growth of the Binance coin. The global adaptability and acceptance make BNB suitable for trading as well as investing.
Solana (SOL)
Market Cap: $65.817 Billion
Current price: $167
Solana is another popular decentralized platform for trading in cryptocurrencies, founded in 2017. The scalability, robust blockchain technology, and proof of mechanism make it the best crypto platform.
The platform introduced SOL in March 2020, and within a short time, it became a popular option for the newest crypto coins. Solana’s work is quite similar to that of Ethereum and Litecoin.
However, it is much faster than other cryptocurrencies, and the transaction fees are also comparatively low. That is the reason it is widely known as the Ethereum killer.
Dogecoin (DOT)
Market Cap: 23.86 GB
Current Price: 0.19 USD
If you are an exotic trader and love risky assets, then dogecoin is the best crypto to invest in 2024. While other cryptocurrencies are based on robust blockchain technology, dogecoin started as a joke.
It is widely known as a meme coin that became viral over the internet. It grabbed all the attention of the investor. Prominent personalities like Elon Musk and Vitalik Buterin also endorsed it, contributing to its popularity.
The exciting part about dogecoin is it does not hold any intrinsic value. However, a strong community of investors supports this coin. In addition, it has high market volatility, which means the rise and fall in price are quite significant and unexpected.
Cosmos (ATOM)
Market Cap: $5.31B
Current price: $12.76
Cosmos is a decentralized network focused on providing customizability and interoperability in the world of blockchain technology. The network focuses on resolving the challenges associated with blockchain by providing a proper framework.
Cosmos or ATOM is a native crypto of this platform and is a popular new cryptocurrency. According to some reports, the coin is expected to provide traders with a return of more than 130% in the future. So, if you are looking for a new cryptocurrency, then it is a suitable option.
Shiba Inu (SHIB INC)
Market Cap: $20.69B
Current price: $0.00003510
Shiba Inu is another popular digital coin on our new crypto coins 2024 list. These days, the popularity of meme coins is increasing, and Shiba Inu is grabbing all the attention of investors.
Shiba Inu is also known as a dogecoin killer, and the symbol represents a Japanese dog breed. Shibaswap developed the coin with the aim of building a crypto community. Shiba Inu is highly volatile and quite risky. However, many traders believe that there will be a major hike in the coming days.
Kaspa (KAS)
Market Cap: $3.96B
Current price: $0.14875
Kaspa is amongst the newest crypto coins, launched in the year 2021. Cryptocurrency is based on the concepts of security, speed, interoperability, and scalability.
Kaspa’s Block DAG architecture and Proof of Work mechanism have contributed to its popularity. According to the reports, the value of Kaspa has increased by more than 2000% over a year, making it a suitable choice for traders.
Stellar (XLM)
Market cap: $4.16B
Current Market Price: $0.13
Stellar is another rising and new cryptocurrency that can help you diversify your investment portfolio and make money in the highly volatile crypto market. The crypto coin is based on the idea of making transactions fast, transparent, and energy efficient at a low cost.
The thing that makes Stellar different from others is its robust security. Also, it allows users to convert the coins into forex currencies automatically. So, it can be a suitable choice for both trading and investing in new crypto coins 2024.
U.S. Dollar Coin (USDC)
Market Cap: $28.87B
Current price: $1
Cryptocurrencies are highly volatile, which means the rate of rise and fall of prices is high. So, if you are looking for stable options, then USDC is among the best crypto to invest in in 2024.
USDC is quite similar to tether; as the name suggests, the main focus of digital assets is to maintain value like USD. The market conditions of USDC are quite similar to those of USD. So, it can be a suitable choice for people interested in trading in USD.
Ripple (XRP)
Market Cap: $36.68B
Current price: $ 0.664
XRP, popularly known as Ripple, has also become a popular choice for traders in cryptocurrencies. Crypto is widely used for cross-border transactions due to quicker transactions and cheaper costs.
In addition, XRP is also used as a medium to exchange currencies that too without any intermediary. It is more suitable to facilitate day-to-day crypto transactions. One can also make a good amount of return trading these digital assets, especially for short-term strategies.
Avalanche (AVAX)
Market Cap: $18.71B
Current price: $55.43
Avax is amongst the most scalable and affordable cryptocurrencies to invest your money in in 2024. The unique consensus mechanism of AVAX makes your transaction secure and fast, as well as low trading fees.
Avsx is built on the foundation of solving the changes associated with blockchain technology. Avalanche has become a popular choice for traders due to its cutting-edge technology and impeccable decentralized applications. However, Avax also has a potential risk that may result in negative outcomes.
Polkadot (DOT)
Market Cap: $14.49B
Current Price: $10.8
Polkadot is known as the brainchild of Ethereum, so if you are looking for an alternative to Ethereum, it is the best option. It is amongst the popular decentralized exchange platforms, quite different from other blockchains.
The parachain functionality and specialized blockchain make it different from others. Its native crypto can be the right option to put your money in due to easy access and significant price change. You can get access to these crypto on almost every crypto exchange.
Tron (TRX)
Market Cap: $ 10.60B USD
Current Price: $0.125266
If you are looking for affordable new cryptocurrencies, then TRX is for you. TRX is the native cryptocurrency of a decentralized crypto exchange platform Tron. It was founded by Sun Yuchen, widely known as Justin Sun for Asia Asia-focused market.
In a short time, TRX became popular among investors and traders. It is now amongst the top 20 cryptocurrencies with the largest market cap. The support of a large crypto community and the remarkable speed have made the best options for crypto trading.
Bottom Line
The cryptocurrency market is expanding day by day. With ample trading opportunities and a high return on investment, digital assets are grabbing all the eyeballs.
No doubt it is a great time to put your money in the new crypto coins 2024, especially if you have limited capital. However, one thing you keep in mind is that a higher return comes with higher risk.
The market conditions of cryptocurrencies are dynamic. Crypto coins saw a high rise and fall in their value frequently. That means both the chances of making a whopping amount and losing are there.
Also, cryptocurrency scams are increasing, especially when you are trading in new cryptocurrency. So proper education, planning, risk management, and awareness are important before putting your hard-earned money.