Cheap Crypto To Invest in 2024

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The search for the best crypto to buy now is more exciting than ever, with digital coins across multiple blockchains offering a myriad of compelling coins and tokens. From the cheapest cryptocurrencies to buy to those with high market caps but still a high chance to explode 1000x, the market is full of options with serious growth prospects. In this article, I highlight the most promising projects that combine affordability and strong potential for future returns. Read on for our top picks of the best crypto to buy now!

Best Cryptocurrency to Buy in 2024

2024 ushered in a new all-time high (ATH) for Bitcoin, marking significant milestones in the crypto world with events like the adoption of Bitcoin ETFs and a halving event. Many analysts interpret these developments as the beginning of a new cycle, forecasting a bull market towards late 2024–2025.

Are you ready to make the most out of a cryptocurrency market rally? Let’s get started!

Best Crypto to Buy Now: Next Cryptocurrency to Explode

Solana (SOL) – The Most Promising Cryptocurrency

Solana (SOL) is a high-performance blockchain known for its speed and efficiency, ranking fifth in market cap. Its hybrid consensus of Proof of History and Proof of Stake allows thousands of transactions per second with low fees, solving scalability issues.

Solana hosts a wide range of applications, from DeFi to NFTs, attracting developers and users with its rapid, low-cost transactions. With a strong ecosystem and community support, SOL is a smart investment for those seeking long-term growth.

In 2023, the SOL token saw a 500% increase in value. And in 2024, Solana surged by over 200%. At the end of 2024, analysts were reporting reduced selling pressure for the token. How high will SOL price go in 2025?

You can purchase SOL on Changelly and invest in blockchain technology now.

Toncoin (TON) – The Best Crypto with High Growth Potential

Toncoin (TON) is the main cryptocurrency of the Open Network, evolved from the initial Telegram Open Network. This community-driven blockchain platform aims to deliver fast, cost-effective transactions and support a plethora of applications like DeFi and Web3 services.

Toncoin operates on a scalable and efficient multi-blockchain architecture, the Open Network, which facilitates high-volume transactions seamlessly and at minimal costs.

Toncoin’s advanced multi-blockchain system may lead to widespread adoption in DeFi and other applications, making it a promising candidate for investors seeking substantial growth in crypto markets.

Shiba Inu (SHIB) – The Best Memecoin To Buy

Conceived as a meme token in August 2020, Shiba Inu (SHIB) has developed into an extensive ecosystem with its decentralized cryptocurrency exchange, ShibaSwap. Despite its playful beginnings, it has built a robust community and a unique approach to tokenomics.

SHIB operates on the Ethereum network, using its security and infrastructure to support transactions, staking, and DeFi activities.

With support from a passionate community and expanding ecosystem utilities, Shiba Inu offers high growth potential. Besides, its approach to a deflationary token model and significant market presence to date suggest that SHIB could experience substantial appreciation in upcoming market cycles.

Aave (AAVE) – The Best Crypto for Earning Interest and DeFi Borrowing

Aave is a premier DeFi platform. Established in 2017, it provides decentralized lending and borrowing services and allows users to manage crypto assets in a trustless environment, offering alternatives to traditional financial processes.

Aave functions through a decentralized pool of funds where users can deposit cryptocurrencies to earn interest or secure loans. Rates are dynamically adjusted based on the market’s supply and demand. AAVE tokens facilitate governance and ensure protocol security.

Aave’s pioneering status in DeFi lending and borrowing, robust governance structure, and ongoing developmental strides make it a compelling investment prospect. With its continuous innovation and expanding adoption, AAVE holds promising growth potential.

Algorand (ALGO) – One of The Most Undervalued Cryptocurrencies

Algorand (ALGO) is known for its fast, cheap, and dependable transfers and has proven itself as a true utility token. Considered to be one of the most undervalued coins in the top 50 by market capitalization, Algorand’s advanced technology, seamless interoperability, and scalability make it a strong candidate for growth. With its focus on decentralization and eco-friendly blockchain operations, Algorand is among the best cryptos to buy under $1.

Bitcoin (BTC) – The Most Popular Cryptocurrency

Bitcoin has long been the go-to cryptocurrency for many — it is only natural it has consistently maintained its title as the most popular cryptocurrency without breaking a sweat.

Turning 15 in 2024, Bitcoin is still seen by many as undervalued, even despite hitting crucial metrics like $100K. The upcoming 2024–2025 cycle is anticipated to bring a significant rise in Bitcoin prices.

For those exploring crypto, Bitcoin is an ideal choice, offering easy access through exchanges and acceptance by many merchants. Its stable position in the market makes it an excellent option for diversifying portfolios, while Bitcoin rewards come in the form of long-term gains for patient investors.

Ethereum (ETH) – The Top DeFi and dApps Blockchain Network

Ethereum ranks above Bitcoin for some, thanks to its innovative smart contract technology. It is the second-largest crypto by market cap and enables users to engage deeply with a variety of decentralized applications and smart contracts, reducing bureaucracy and enhancing transaction efficiency.

Ethereum is highly valued for its robust platform supporting DeFi and dApps, making it a top investment choice. It’s versatile, widely available, and could be central to future crypto innovations.

Aptos (APT) – The Best High-Speed Blockchain Network

Though not as well-known as Bitcoin and Ethereum, Aptos is making waves with its innovative technology and strong market presence, ranking within the top 100 cryptocurrencies.

Aptos uses advanced technology to potentially handle up to 160,000 transactions per second. Its blockchain offers unique reliability features, setting it apart from many peers.

With strong industry support and robust fundamentals, Aptos promises longevity and growth, making its token, APT, a compelling investment with significant potential.

Avalanche (AVAX) – The Best Layer-One Blockchain for Low-Cost Transactions

Avalanche (AVAX) is an open-source layer-one platform for decentralized applications and enterprise blockchains. With high throughput, low latency, and a unique consensus protocol, it remains a top 20 digital currency by market cap.

Avalanche’s fast, low-cost transactions and scalable structure make it appealing to developers and investors alike. Its expanding dApp ecosystem and strategic partnerships strengthen its market position.

Investing in AVAX could be a strategic move for those seeking exposure to a cutting-edge and rapidly evolving blockchain platform. You can get AVAX with fiat on Changelly.

The Graph (GRT) – The Best Crypto for Data Indexing in DeFi

The Graph (GRT) is open-source software that simplifies data retrieval from multiple blockchain apps by collecting, processing, and storing data. Some experts consider it an essential part of the DeFi infrastructure: popular Ethereum dApps like Aave, Curve, and Uniswap have already employed this decentralized blockchain network.

In 2024, GRT saw a lot of steady growth and benefitted from the crypto bull run driven by Donald Trump’s victory in the U.S. elections.

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Where to Buy Crypto

It is generally recommended to buy crypto on reliable platforms that have proven themselves over time. No matter if it’s a decentralized or centralized exchange, make sure they have transparent fees. You can also opt to buy crypto via your wallet, like Trezor or Exodus, using in-built exchange widgets. This way, you can capitalize on the inherent security of crypto wallets while saving some valuable time.

You can also buy cryptocurrency directly on Changelly — we aggregate offers from a variety of providers and don’t store your crypto, so your funds can stay safe while you get the best deal on the cryptocurrency market.

Best Cryptocurrencies to Invest in 2024: FAQ

Which crypto is best to invest now?

Bitcoin (BTC) remains the top pick for long-term investors due to its status as “digital gold” and impressive returns in 2024. Ethereum (ETH) is also a strong choice, especially considering its role in smart contracts and decentralized applications. Toncoin (TON) is gaining momentum within the Telegram ecosystem, which creates significant growth potential.

Which crypto will boom in 2025?

Most experts are banking on Bitcoin, ETH, SOL, ADA, XRP, AVAX, MATIC, and TRX to lead the pack in 2025.

Which crypto has the most potential?

Ethereum (ETH) is expected to dominate with its role in DeFi and NFTs, while Toncoin (TON) shows promising growth with its integration in Telegram and scalability. Solana (SOL) also stands out for its high-speed transactions, making it ideal for gaming and finance. These cryptos are well-positioned for long-term success as blockchain technology evolves.

Which is the best cryptocurrency to buy for beginners?

Stable and reliable cryptocurrencies like Bitcoin or Ethereum are the best to buy for beginners.

If you’re thinking about expanding your holdings in the future, getting into Tron, Solana, or BNB could be a good strategy, as these open up access to many other tokens on their networks.

What cryptocurrency should I invest in for the long term?

The go-to answer is simple: Bitcoin. It boasts widespread accessibility, with substantial support across numerous cryptocurrency exchanges, retailers, and technology platforms. Moreover, Bitcoin’s liquidity far surpasses that of any altcoin, backed by the most extensive developer ecosystem in the crypto space, featuring a wide array of software and implementations.

Read also: Best cryptos for long-term investments.

What is the best new crypto to buy?

For those looking to catch the wave of the latest cryptocurrency market trends, AI-related crypto projects like THETA, GRT, and FET are currently making strong gains.

Metaverse and NFT projects continue to hold popularity and could represent some of the best cryptos for the next bull run, given their innovative approach to blending technology and digital interaction.

Which crypto is the next Bitcoin?

Predicting the next Bitcoin is tricky as it remains the leader in the cryptocurrency realm. However, Ethereum, Solana, and XRP are seen as potential challengers that could approach Bitcoin’s stature in terms of influence and market cap in the future.

Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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