10 Best Altcoins to Buy for High Returns in 2024 – Next 10X Cryptocurrencies

adminJanuary 15, 2024

join us telegram A channel to stay up to date on breaking news coverage

After an outstandingly successful 2023, investors are now looking forward to another year of outstanding profitability and financial success in 2024.

Cryptocurrency markets have started the year on a positive note, with US securities regulators approving the first US-listed exchange-traded fund (ETF) tracking Bitcoin. This was a pivotal moment for the industry. The upcoming Bitcoin halving in April is poised to act as an additional bullish factor.

This article highlights the 10 best altcoins with significant growth potential in 2024, presenting lucrative opportunities for investors seeking high returns.

Mina Protocol (MINA)

Known as the world’s lightest blockchain, Mina Protocol stands out as an ideal starting point for cryptocurrency beginners. Mina uses zero-knowledge proofs to ensure user privacy by enabling validation and sharing of data proofs without revealing the underlying data.

This privacy feature is especially useful in financial applications such as lending and ensures the security and control of user data. $MINA is up 9% over the past seven days and is currently trading at $1.21. Mina Protocol’s outlook for 2024 is for it to trade within a range of $1.05 to $2.79.

Mina’s unique features, including interoperability with blockchains like Ethereum and private interactions with websites for the use of verified, real-world data, make it an attractive choice for new users of cryptocurrency. The lightweight design allows any user to participate as a full node, increasing network decentralization and security.

Solana (SUN)

Solana has been making waves in the cryptocurrency community, recently surpassing Ethereum in weekly stablecoin transfer volume. These achievements highlight Solana’s growing influence and ability to redefine the landscape of smart contract platforms.

In a fiercely competitive market, Solana remains committed to its vision of being the fastest and most cost-effective chain to meet the needs of developers seeking secure and efficient decentralized applications. As of this writing, Solana’s price is $98.32, 24-hour trading volume is $5.3 billion, and market capitalization is $43.82 billion.

Solana daily price graph

The price of $SOL has surged 9.84% in the last 24 hours. Solana shows significant growth potential, especially as it continues to strengthen its ecosystem and improve its technology. Platforms that emphasize speed and low cost have strong appeal in efficiency-driven markets.

SPONGE

$SPONGE has undergone a remarkable evolution, skyrocketing from a valuation of $1 million at launch to a peak market capitalization exceeding $100 million in the spring of 2023. Despite market fluctuations, $SPONGE remains resilient, currently boasting a market cap exceeding $20 million and a strong community. Over 12.43K token holders.

It continues to be prominently listed on major cryptocurrency exchanges such as MEXC, Gate.io, Poloniex, etc. Meanwhile, Sponge V2 represents the second version of the Sponge meme coin. This iteration delivers upgraded features, ensuring more significant rewards and new opportunities for community engagement.

The team is preparing to release a P2E (Play-to-Earn) game by introducing a blockchain-based racing game that adds utility and practicality to coins. Players can earn $SPONGEV2 tokens by participating in races and purchasing credits.

preparation $sponge‘S #P2E game? 🎮🌊
Play, Earn, Enjoy #SpongeV2 A completely different ecosystem than before.
Coming soon! 🔥🚀#Cryptocurrency #web3 #altcoin #transaction pic.twitter.com/6RWkjspXIz
— $SPONGE (@spongeoneth) January 13, 2024

Investors can obtain Sponge V2 tokens in two ways: by purchasing and staking $SPONGE on the project website, or by staking Sponge V1 tokens, which are permanently locked in a smart contract.

The amount of Sponge V2 tokens received is correlated to the amount of Sponge V1 tokens staked. More than $4.9 billion of V1 value has already been staked in anticipation of migration opportunities. To participate in the $SPONGEV2 presale, visit Spongetoken.vip.

Watch the video above for a complete list of the top 10 altcoins you can buy, and be sure to subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related content. Jacob also manages a Discord channel with 20,000 members where he provides trading tips and information on upcoming cryptocurrency presales.

Sui (SUI)

Over the past seven days, the price of $SUI has surged significantly, rising more than 50% and hovering around $1.25. This marks a notable breakout for Sui Network from a two-week range consolidation within the $0.74 to $0.10 range.

Technical indicators highlight this new bullish momentum. The 20-day EMA is $0.67, above the 50-day EMA of $0.59, maintaining a solid bullish trend despite recent checks.

The current relative strength index (RSI) value is 76.33, indicating overbought conditions and suggesting that a correction is likely imminent in the coming hours. Nonetheless, a successful bounce above EMA20 could push $SUI price towards $2 next week.

After the breakout, Sui faces various levels of resistance ranging from $1.38 to $1.61 and is trying to maintain momentum above a significant level of $1.

Ivy (HBAR)

Many cryptocurrency traders are attracted to Hedera cryptocurrency due to its promising blockchain technology within the industry. On January 13, the Hedera Council approved an additional $4.86 billion in HBAR to further develop the network and strengthen decentralized governance.

Allocations, primarily for existing initiatives such as ecosystem development and the HBAR Foundation, total HBAR $4.248 billion. Additionally, the newly formed DeRec alliance, comprised of Hedera and Algorand, focuses on improving digital asset security in the Web3 ecosystem through the DeRec protocol.

The Hedera Board today announced that it has decided to grant Board approval to allocate an additional 4.86 billion HBAR in funding for further development of the Hedera Network and to enable decentralized governance.
Most of that allocation – 4.248 billion…
— Ivy (@ivy) January 12, 2024

The current price of Hedera is $0.080 and the 24-hour trading volume is $71 million, showing an increase of 2.57% over the past 7 days. $HBAR, ranked 83rd on CoinMarketCap, is aiming to reach $0.09.

The Hedera price forecast for 2024 projects a maximum of $0.157, an average of $0.148, and a minimum of $0.132, and the growth of partnerships contributes to this positive trend in the Hedera ecosystem.

A new cryptocurrency mining platform – Bitcoin Minetrix