The cryptocurrency landscape is a noteworthy space pulsating with opportunities. While we saw Bitcoin breaking the $40,000 level during last December, reaching a return over 150% at the end of 2023 and received the approval for its first Spot ETF by the SEC in the beginning of January of 2024, and Ethereum (ETH) gaining a 90% year return at the end of the last year.
Among these superstars, Solana stands out as a remarkably impeccable option for 2024. Solana rose as a top performer in terms of return with a percentage gain of over 900% at the end of 2023. Isn’t it unreal?
In this report, we will put some light on the new entrants in the altcoin ecosystem. Let us dive into the exciting world of altcoins! There are more than 23,000 altcoins in the world as of January 2024.
Coinpedia’s report focuses on new promising altcoins and which altcoins to choose for 100x profit in 2024.
All About The New Altcoins
Bitcoin ETF token:
The newest entry to the league could be a Bitcoin ETF token. We all know that Bitcoin-related tokens perform well alongside the market leader. However, the newly launched presale Bitcoin ETF Token offers a one-of-a-kind use case.
The project is about multiple tools to reward holders as the Bitcoin ETFs are approved. The burn mechanism of the Bitcoin ETF token is two-fold. It has allocated 25% of its total supply to be burned across five key Bitcoin ETF milestones. Secondly, it features a 5% burn tax on transactions, which will be reduced by 1% at each milestone!
The token boasts the staking mechanism which offers a 97% APY. After raising $2.7 million in one month, the token’s presale is quickly nearing its $4.9 million hard cap!
Meme Kombat:
It is a revolutionary meme coin-cross GambleFi token! It has an innovative use case, robust tokenomics, and acts as an explorer of two of crypto’s most prominent trends.
It allows players to gamble on AI generated battles between meme coin characters. In return, it yields massive rewards, making it a truly commendable gaming experience! Currently, stakers can garner a 333% APY out of the $MK token. It boasts of its massive security features with a doxxed team. Investors can buy the Meme Kombat presale for $0.225 currently!
TG Casino
It is a new crypto casino coin offering anonymous and secure gambling from Telegram application! The launchpad, Telegram, provides it with various usability advantages like a simple betting process, end-to-end encryption, and access to Telegram’s one billion user base.
The project is KYC-free! $TGC token provides numerous benefits to the holders, like free rewards, 25% cashback on losses, up to 200% rakeback and a 173% staking APY.
Bitcoin Minetrix
It is a brand-new altcoin that targets the BTC mining industry. It has raised over $9 million and is offering a huge staking reward worth 73% APY. The price per token is $0.013 but increased through many stages before a final price of $0.0148 ahead of listing.
Top 10 New Altcoins To Choose
- Bitcoin Minetrix ($BTCMTX):
An Altcoin that makes cloud mining safe and simple! Nearly $800,000 has been raised during the presale so far! It is a clear indicator that users have recognized the potential of this stake-2-mine project. The experts have shown high hopes for the future of the $BTCMTX token. Bitcoin Minetrix ($BTCMTX) platform allows users to stake and sell their $BTCMTX coins or exchange them for mining credits whenever they want. This feature adds extra security! Bitcoin Minetrix offers the chance of earning passive income, hence, there is an increasing number of early investors who want to take advantage of the opportunity to grab $BTCMTX for only $0.011.
Since it is based on cloud mining, customers do not need to have specialist knowledge. Also, there are no overhead costs involved. There are no space or noise constraints for the users. Such features are surely expected to give 100x profits if invested wisely.
- TG Casino
TG Casino is a leading new crypto casino platform offering anonymous and secure gambling directly from the Telegram application. Launching on Telegram provides the users with various usability advantages, like a simplified betting process, end-to-end encryption, and access to Telegram’s one billion user-base. The project is KYC-free, and users only need to connect their wallets to start. This makes the Casino easy, providing a massive advantage over market leader Rollbit, which is criticized for its complex signup process. One of the major reasons for the success of $TG is its powerful connection. The privacy and security features of the casino makes it different from others.
The native $TG coin could achieve major gains by the end of 2024, so it should definitely make a cut to top 10 new altcoins for 2024!
- Meme Kombat
$MK is the next altcoin which can bring 100x profits in the near future! It allows the users endless fun in its battle sphere by giving rewards in return. The current price of the token is fairly less. The crypto influencers are predicting massive gains for the token , therefore, now is the right time to invest in the same!
- Bitcoin ETF token
This is a new crypto project that is built on the excitement around the first spot Bitcoin ETF in the US. The token $BTCETF has generated a lot of enthusiasm during its presale. 2024 is going to see the first spot Bitcoin ETF launch. It could initiate a crypto bull run market that is going to boost the price of the token.
The token launched its presale in November 2023 with a hard cap of $4,956,000. It is likely that trading bitcoin ETF token is going to be one of the top altcoins after the approval of the spot Bitcoin ETF in January 2024. Investors would pour into the token and push its price up. It appears like that the token could burn 15% of its total supply in 2024 and it is going to give an explosive profit this year! The experts predict a 6000% gain and market cap of approximately $22 million.
The current price of bitcoin ETF token is $0.001014 with a current market cap of $0 USD.
- Launchpad XYZ
The red hot token, Launchpad XYZ (LPX) has shown an impressive run in January 2024, by surpassing the $2.5 million milestone in its token presale event. It has become one of the most-watched new altcoins in the crypto space. The project strives to be a one-stop gateway into the Web 3.0 world for both experienced and naive crypto traders. It offers useful trading tools and access to an exclusive crypto centered community.
Experts predict a marvelous growth in place for Launchpad XYZ in 2024 and huge returns on the same!
- yPredict
One of the most exciting presales of 2023 was attributed to yPredict. It has hit the milestone of $6.5 million! The experts are bullish about the token predicting that the new coin will display a breakout 10x bull rally in 2024.
The demand for AI-powered tokens is extremely high as they are expected to show a good performance in the crypto bull run market of 2024. yPredict offers a variety of AI-backed tools and ML-based predictive data models to help the users have a seamless trading experience. It is a next-gen AI powered trading research and analysis platform. It is surely going to be one of those new altcoins to give 100x profits in 2024!
- Wall Street Memes
Wall Street Meme is priced at $0.007061 currently with a market cap of $13,261,082! It is a digital asset trending because of a large search volume in December 2023. It is frequently recording a Google trend score for a reason!
Some of the retail investors in history challenged the stock market and made humongous profits. They went beyond the traditional investment tactics and bought what seemed to be useless stock but still made a profit.
Today, history is repeating in the crypto market! Several crypto investors made substantial profits from their meme coin investments. Wall Street Memes is a coin that represents this phenomenon. The Wall Street Memes project tokenizes the retail investor movement in the crypto industry. The project even promotes that “Greed is Good”. The WSM token is a mainstream meme coin based on the ERC-20 token standard and its community consists of more than 1 million members. Experts predict a 100x return in the case of this altcoin in 2024.
- ORDI
ORDI is the first BRC-20 token to be adopted by the Bitcoin network and was deployed by the creator of the BRC-20 token standard. The ORDI token and BRC-20 standard are not associated with the ordinals project or its creator, Casey Rodarmor.
The ORDI token and BRC-20 standard were created as a “fun experimental standard showing that one can create off-chain balance states with inscriptions.” It is yet to find or to be assigned any utility. Many BRC-20 tokens have been inscribed on Bitcoin since ORDI’s creation, and these tokens are viewable on the UniSat BRC-20 explorer.
Being the first BRC-20 token, much like Bitcoin was the first cryptocurrency, means that those buying ORDI are speculating on ORDI’s future value or utility if the concept of BRC-20 tokens boom. The coin is expected to give great returns in the bull run.
The current price of ORDI is $12.39 with a market cap of $260,094,777.
- ApeMax
ApeMax is different from others by being the world’s first “Boost-to-Earn” coin. The distinctive and playful branding has won ApeMax a good deal of attention from the crypto community. With its presale, ApeMax offered immediate token access and presale rates. It positions itself as a new altcoin in 2024 which is being closely monitored by the people. It promises some great features that can attract investors. With its gamified system, this coin has earned many experts’ optimism about its growth!
The appeal of ApeMax is further boosted by its playful astronaut ape mascot, embodying the fun and relatable nature that is the characteristic of meme coins. Its continued presale growth, immediate token access for presale buyers, and transparent tokenomics set it apart from its peers, making it one of the top crypto presales of 2023.
ApeMax Coin’s current price is $0.0051. APEMAX’s market cap is $102K and its 24h trading volume is $0.
- Sponge V2
The token has the potential to explode more than 25x in the year ahead according to the price prediction by Technopedia. $SPONGE V2 is an update to the $SPONGE meme coin. It has unique tokenomics and is an ERC-20 token that transacts on Ethereum. The token is designed to replace V1 rather than existing alongside. The project is offering a 100% purchase bonus in V2 tokens for a limited time. The token is working on a new lay-to-earn game that will require players to spend $SPONGE, thus driving more demand for the token.
Traders are expected to buy top altcoins during bullish times than they are during a bear market. The upcoming bull run of 2024 could have a significant impact on Sponge V2 token and drive its sale up.
Final Thoughts
2024 has seen the altcoin world as vibrant with innovation and creativity! Coins such as ApeMax, Wall Street Memes, etc are reshaping the blockchain landscape with new and unique features. This diversity not only meets enthusiasts’ multifaceted interests but also highlights blockchain technology’s growing nature.
As exciting as altcoins are, we suggest the buyers to proceed with caution and make well-informed choices. Additionally, it is key for anyone interested in crypto to conduct extensive research to grasp the risks associated with all cryptocurrencies. This article by Coinpedia is an in-depth analysis to provide you all the information at one place!