Source: Chinnapong / Shutterstock
After most coins peaked in 2021, bears started dominating the market. However, the year 2024 revived the hopes of crypto investors as the price charts of cryptos to buy began to rise along with the total capitalization of the sector. Bitcoins (BTC USD) halving and reaching the All-time high (ATH) of $73,750 was a green light for new investors who previously could not believe in the stability of the industry. The movement towards new levels has been accelerated by Bitcoin ETF initiatives and the enabling influence that comes with institutional investments.
However unshakable the position of the first cryptocurrency may be, its dominance cannot overshadow the existence of other equally promising coins. Altcoins with a capital “A” have repeatedly proven their ability to grow tens and hundreds of times. Their adaptability and faster response to market trends have led to the emergence of new tokens and strengthened their position. The current boom can bring interesting projects to the forefront, so let’s take a look at the most interesting options in the crypto space.
Cryptos to Buy: Toncoin (TON-USD)
Source: Chinnapong / Shutterstock
The open network (formerly known as Open Telegram network) has become a benchmark for creating a useful cryptocurrency through adoption Toncoin (TON USD). The coin has gained strength in the past 2 years (2022 – early 2024), trading with $0.8-$2.4 Zone, and now it doesn’t leave the front pages of the crypto media. After a rapid rise in February and March, analysts expected a long-term correction or holding positions at $6. However, TON did not stop pleasing investors and reached new heights brought it to $8.24. The right marketing strategy and increased interest from the blockchain community strengthens its position and allows it to reach higher levels 650 million dollars in daily trading.
The high level of integration into the Telegram ecosystem has led to an influx of new users. Listing on advanced exchanges has unlocked the coin’s potential and made its customer base even larger. In this way, the token ended up in the top ten market capitalization rankings and the three most purchased cryptocurrencies. Last year brought TON 453.19% growth and the price chart reassures investors that the uptrend will continue.
Bitget Token (BGB-USD)
Source: Maurice NORBERT / Shutterstock.com
Bitget Exchange mechanisms can function at a high level due to the constant use of Bitget token (BGB-USD). This utility token has improved the user experience in both trading and investing in the last 3 years, as it serves as a gateway to the Bitget Launchpool and Launchpad. The project’s ecosystem accepts the coin for payment of transaction fees and participation in crypto staking, and is actively implementing BGB to provide early access to new projects.
The exchange’s token has grown since its inception and shows stability even in the face of bearish sentiment, which has resulted in BGB being among the top cryptocurrencies to buy. From $0.05the coin experienced a parabolic rise to $1.48. The 30x The increase in investments was caused by an increase in market capitalization that exceeded the value 2 billion dollars Brand in early June.
Investors tend to trust the token more as it is part of the bigger picture of the market. With its success, support for BGB is also growing, as evidenced by the practice of new Bitget partnerships, the launch of the PoolX staking platform, and an increase in trading volume and user base.
Vienna AI (WAI-USD)
Source: WHYFRAME / Shutterstock.com
In 2024, the market was flooded with hundreds of meme coins that managed to multiply the investment portfolios of their owners. However, most of them lack the fundamental value to be a successful asset in the long term. Vienna AI (WAI-USD) is characterized by the fact that it combines humor and usefulness. The project goes beyond traditional meme coins and introduces an AI-powered trading bot designed to empower users of all experience levels.
The bot works seamlessly on the Ethereum blockchain and makes recommendations by analyzing an incredible amount of data. Process automation and a user-friendly interface make WienerAI a convenient tool for analyzing decentralized exchanges (DEX) to identify the most promising trades for a specific user request. Only 30% of tokens are distributed at the pre-sale stage, which limits supply and increases WAI’s market position. Stake rewards make up 20% of issuance and can gradually increase the demand for this crypto asset and keep a smaller number of WAI in circulation, which also has a positive impact on the tokenization of the project. Advance sales have been increased $5.5 millionand the army of fans on social media are promoting the token’s priority on the list of cryptos to buy.
At the time of publication, Julia Magas did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.