11 Cryptos With the Most Potential in 2024 (2024)

Looking for cryptocurrencies with the greatest price potential, but not sure where to start? In this guide, I explore 11 cryptos with the most potential in 2024.

Read on to discover undervalued cryptocurrencies before they explode. I cover a wide range of projects; each with a unique investment thesis.

The Highest Potential Cryptos to Buy

Consider the 11 projects below when exploring cryptos with the most potential:

1. PlayDoge ($PLAY) – Fast-growing crypto inspired by Doge meme, with viral potential.
2. Sealana– The next Solana meme coin to explode with 100x growth potential
3. WienerAI – Bridging the gap between AI and meme communities, $1 million raised in record speed
4. Dogeverse – Multi-chain meme token with over $13 million in presale funding
5. Solana – Undervalued Web 3 infrastructure with high scalability and low fees
6. Storj – Top-rated DePIN project offering decentralized and secure cloud storage services
7. Render – AI crypto with the highest potential, 385% gains in the past 12 months
8. Toncoin – Proprietary layer 1 network for the Telegram app with access to 900 million users
9. Arbitrum – Layer 2 solutions for the Ethereum ecosystem with almost 290 bridged projects
10. Bitcoin – The world’s de facto crypto with uncapped potential in the coming years
11. Uniswap – Invest in the leading decentralized exchange for ERC-20 token swaps

My Analysis of the Cryptos With the Highest Potential

I’ve analyzed a broad range of crypto investments, focusing on tokens with undervalued price metrics. I’ve included a mix of presale projects, large caps, and everything in between.

Read on to discover the highest potential crypto projects for this year.

1. PlayDoge (PLAY) – High Potential P2E Crypto, Looking to Capitalize on Doge-Meme

PlayDoge is positioned as a top cryptocurrency with the highest potential for 2024. This groundbreaking project blends the cult Doge meme with a play-to-earn (P2E) mobile game, allowing users to care for a Tamagotchi-like virtual pet and earn $PLAY tokens.

As the global video game market is projected to reach $665 billion by 2033, and the P2E gaming category on CoinMarketCap now boasts a market cap exceeding $13 billion, PlayDoge is well-positioned to capitalize on these trends.

In its presale, PlayDoge has raised over $440k, benefiting from the recent bullish trends where Floki surged by 50% and Dogecoin by 15% over the last 30 days. The project aims for similar success this summer, with plans to launch on exchanges like Binance soon.

Operating on the BNB Smart Chain, the total supply of PlayDoge tokens stands at 9.4 billion, with the vast majority (50%) being used for its presale. The next in terms of allocation goes to marketing and project development each receives 12.5%, liquidity 11.5%, community rewards 7.5%, and staking 6%.

PLAY stakers can earn rewards of up to 700% APY, with over 25 million tokens staked in just under a week. Monitor PlayDoge’s progress and join the community on X (Twitter) and Telegram to stay updated on this promising cryptocurrency.

Visit PlayDoge

2. Sealana – The Next Solana Meme Crypto With 100x Potential

The next project on my list is Sealana, which is one of the best Solana meme coins to invest in. The presale campaign has just launched, which means the lowest entry price for early investors. Sealana is based on a chubby seal who has an “obsession with finding the next big Solana meme coin”.

Similar to other meme coin successes in 2024, Sealana has opted for simplicity. It has no whitepaper or roadmap objectives, let alone token use cases or utility. On the contrary, this project will live or die based on the hype and FOMO it creates. There’s limited information on eventual exchange listings, so it’s wise to keep tabs on the Sealana X page.

There’s also a Sealana Telegram group with over 1,000 members. The presale price is currently 6,900 $SEAL tokens for every 1 SOL invested. This translates to an approximate price of $0.022 per token. The most common way to invest is to transfer SOL to the presale wallet address. Alternatively, investors can connect their wallet to the presale widget.

Visit Sealana Presale

3. WienerAI – Bridging the Gap Between AI and Meme Communities, $1 Million Raised in Record Speed

The next crypto with the most potential is WienerAI. At first glance, WienerAI appears to be yet another dog-themed meme coin. However, there’s a lot to like about this recently launched presale project. For a start, WienerAI is based on the popular wiener breed, more commonly known as a ‘sausage dog’.

This is a refreshing addition to the dog meme space. Moreover, WienerAI is developing an AI ecosystem for token holders. Put simply, this will offer a range of AI-backed services, such as streamlined crypto swaps and MEV bot protection. Plus, the AI platform comes with predictive features, helping investors find the next 1000x crypto gem.

Considering that AI is one of the strongest crypto narratives in 2024, these features could propel WienerAI to unprecedented heights. The WienerAI presale has just surpassed $1 million, making it one of the fastest projects to reach the 7-figure threshold. Presale prices of $0.000704 will increase in about 24 hours.

Visit WienerAI Presale

4. Dogeverse – Multi-Chain Meme Token With Over $13 Million in Presale Funding

The next project to consider is Dogeverse – a presale crypto with huge price potential. It’s a meme coin based on the Shiba Inu breed but with a clear USP; Dogeverse operates on six different networks. This includes the three largest crypto ecosystems; Ethereum, Solana, and BNB Chain. Not to mention up-and-coming networks like Base, Polygon, and Avalanche.

Dogeverse’s multi-network strategy could pay dividends. After all, the barriers to entry are vastly reduced – especially for those who prefer investing on-chain. For example, those holding BNB don’t need to bridge to another network, let alone exchange their tokens. What’s more, the Dogeverse presale has gone mainstream; over $13 million has already been raised.

Another benefit is that Dogeverse offers staking income. Estimated APYs are currently at 77%, making Dogeverse one of the best meme coins for passive rewards.The presale is now in the final stages, investors can still secure a discounted price of $0.00031. Dogeverse will be listed on exchanges once the presale concludes.

Visit Dogeverse Presale

5. Solana – Undervalued Web 3 Infrastructure With High Scalability and Low Fees

Solana is also a cryptocurrency with the highest potential. Launched in 2020, Solana has developed blockchain infrastructure for the Web 3 era. Solana’s native language, Rust, enables developers to build decentralized applications. These are backed by smart contract technology. Although Ethereum currently dominates this space, Solana offers a solid alternative.

One of the key benefits of Solana is low fees; transactions average just $0.00064. Ethereum transactions typically cost several dollars, which makes the network unviable for many developers. What’s more, Solana can handle up to 65,000 transactions per second. Ethereum is stuck at about 12, which is why the network is increasingly relying on layer 2 solutions.

Solana is currently valued at about $70 billion. While this means Solana is unlikely to be the next 100x project, it still has huge price potential. In the past year alone, Solana has increased by almost 590%. Solana has entered a market correction and now trades over 40% below all-time highs.

Buy Solana on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.

6. Storj – Top-Rated DePIN Project Offering Decentralized and Secure Cloud Storage Services

Storj is a cryptocurrency with the most potential in the DePIN space. It has developed a blockchain-based ecosystem for decentralized and secure cloud storage. Unlike iCloud, Google Drive, and other market leaders, Storj doesn’t have a single point of failure. This is because cloud servers are hosted by independent, distributed nodes.

As such, Storj ensures that data never gets into the wrong hands. Storj has also created an incentivization model. Anyone contributing spare computing resources earns STORJ tokens. This ensures the Storj ecosystem has sufficient cloud space to meet client demand. Conversely, STORJ tokens are needed when renting cloud services.

Although Filecoin is the market leader in this niche, Storj’s modest valuation means the potential is much higher. Storj has a market capitalization of just $230 million, compared to Filecoin’s $3.5 billion. Storj’s value has increased by over 63% in the past year. However, it trades 85% below all-time highs, which were hit in March 2021.

Buy Storj on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.

7. Render – Leading AI Crypto Project With 385% Gains in the Past 12 Months

Render is a high-growth project from the AI crypto space. It serves high-end content creators – such as movie studios and 3D artists, who require GPU computing power. Render connects creators with GPU providers via a decentralized, peer-to-peer model. Anyone can contribute spare GPU space to the Render network.

Those doing so will be rewarded with RNDR tokens. Render leverages AI to optimize GPU distribution, ensuring end users only pay for what they need. Render was launched in 2020, with RNDR initially trading at $0.05575. The project has enjoyed strong price momentum ever since.

According to CoinMarketCap data, Render has increased by over 25,000% since inception. In the prior 12 months, Render’s value has risen by 385%. Render’s market capitalization is approaching $4 billion, which could be too high for some investors. However, AI is a huge growth market and one of the hottest crypto trends, so the upside potential is still attractive.

Buy Render on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.

8. Toncoin – Proprietary Layer 1 Network for the Telegram App With Access to 900 Million Users

Toncoin is another top-rated crypto project with huge growth potential. It backs The Open Network (TON), a proprietary layer 1 blockchain originally designed by Telegram. Although Telegram no longer runs the project, Toncoin is effectively the app’s ‘official’ crypto. This means Toncoin has access to over 900 million active users.

For instance, content creators engaging with the Telegram app receive payments in Toncoin. In addition, Telegram users automatically receive a Toncoin wallet. This comes with an easy-to-remember username rather than a complicated wallet address. This means beginners can easily send and receive Toncoin without leaving Telegram.

Toncoin also offers an anonymous eSim. This enables Telegram users to make calls and send text messages in complete privacy. In terms of performance, Toncoin has increased by 176% in the past 12 months. With over $20 billion in market capitalization, Toncoin is now a top-10 crypto. Today, Toncoin trades 25% below all-time highs.

Buy Toncoin on MEXC

9. Arbitrum – Layer 2 Solutions for the Ethereum Ecosystem With Almost 290 Bridged Projects

Layer 2 solutions like Arbitrum should also be considered when exploring cryptos with the most potential. Arbitrum solves a major issue in the Ethereum ecosystem; performance. ERC-20 projects currently experience network overload, meaning high fees and an inability to scale.

This often makes ERC-20 platforms unviable, considering the number of required smart contract transactions. Arbitrum’s solution takes Ethereum-based transactions off-chain. This increases scalability to thousands of transactions per second. This is huge when compared to the Ethereum mainnet, which is capped at about 12 transactions per second.

Moreover, Arbitrum transactions cost a small fraction of what the Ethereum network charges, making its layer 2 solution cost-effective. Almost 290 projects have bridged to Arbitrum, including Curve, Uniswap, Tether, Maker, and Chainlink. Arbitrum’s native token, ARB, is down 15% in the prior year. Its market capitalization is just $2.8 billion.

Buy Arbitrum on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.

10. Bitcoin – The World’s De Facto Crypto With Uncapped Potential in the Coming Years

Long-term investors will view Bitcoin as the best crypto with the most potential. While it’s already a trillion-dollar project, Bitcoin’s long-term growth trajectory is uncapped. It’s the most important crypto in the blockchain ecosystem; its value determines how the broader market performs. Crucially, Bitcoin recently completed its fourth halving event.

This is a key moment in the Bitcoin timeline, as halving events have historically been the catalyst for the for next bull run. For instance, Bitcoin was priced at about $9,700 when it halved in 2020. Almost 18 months later Bitcoin hit a then all-time high of over $68,000. This time around, many analysts believe that Bitcoin will smash past the $100,000 level.

In addition, Bitcoin now has exposure to the institutional markets, with multiple Bitcoin ETFs approved earlier in 2024. This will increase capital inflows into the market, taking Bitcoin to new heights. Today, Bitcoin trades about 15% below all-time highs, so there’s an opportunity to secure a discounted entry price.

Buy Bitcoin on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.

11. Uniswap – Invest in the Leading Decentralized Exchange for ERC-20 Token Swaps

Last is Uniswap, the world’s most popular decentralized exchange. Uniswap enables users to buy and sell ERC-20 tokens without opening an account. It leverages automated market makers and liquidity pools, meaning that token swaps don’t require two parties. Instead, the user connects a wallet, chooses which tokens to swap, and the trade is completed in seconds.

Although Uniswap operates a decentralized model, it makes money from trading fees. Each token swap attracts a 0.3% commission, which is funneled back into the Uniswap ecosystem.Considering decentralized finance, or DeFi, is expected to play a major role in Web 3, Uniswap has unprecedented growth potential.

Moreover, Uniswap has developed cross-chain functionality, meaning its exchange is no longer limited to ERC-20 tokens. On the contrary, it now supports Base, Polygon, BNB Chain, Avalanche, and other popular networks. Uniswap’s native token, UNI, has a market capitalization of $4.5 billion, which could be undervalued.

Buy Uniswap on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.

How to Find the Highest Potential Cryptocurrency

I’ve discussed the best cryptos to buy for high-growth potential, but these are my subjective views. The best strategy is to discover your own crypto gems based on independent research.

After all, there are thousands of cryptocurrencies in the market, so it’s important to select projects that align with your goals and risk tolerance. Here’s what to consider when choosing the best crypto with the most potential.

Market Valuation and Risk

A good starting point is to assess the market capitalization. This will directly impact the risk factor and potential returns. But first, it’s important to understand two different market capitalization figures you’ll come across on CoinMarketCap:

• Market Capitalization: CoinMarketCap focuses on ‘market capitalization’, which takes into account the total number of tokens in circulation. This is then multiplied by the current market price.
• Fully Diluted Market Capitalization: The ‘fully diluted’ market capitalization uses the total supply, which includes tokens that aren’t currently circulating. This could be because a percentage of tokens are held by the respective project.

So which figure should you use? I’d suggest assessing both market capitalizations when searching for a crypto with the highest growth potential.

• For instance, suppose the project has a market capitalization of $100 million. This offers an attractive valuation for growth investors.
• However, only 10% of the supply is circulating, meaning the fully diluted market capitalization is $1 billion.
• This changes the investment landscape, as 90% of the supply could enter the market at any time.
• As an investor, you need to research who holds the outstanding tokens, when they’ll enter the market, and what risks this presents.

Once you’ve assessed the market capitalization, you can then evaluate the upside potential. For instance, the presale projects discussed today, such as Dogeverse and WienerAI, have a micro-cap valuation. This means the growth potential could be huge.

In contrast, Bitcoin and Solana have substantial valuations. While there’s still solid growth potential, the upside will likely be more conservative.

However, don’t forget about the risk-reward spectrum. Increased profit potential means more risk needs to be taken. Therefore, consider the added risks of investing in micro or small-cap projects.

Presale Campaigns

Taking a closer look at presales, these are often the best way to find undervalued projects. You’ll be investing in a brand-new crypto before it lists on exchanges. The project will likely have no track record in its respective niche, similar to investing in a traditional startup. This means the risks are high, but so is the price potential.

For example, consider that in 2020, Solana’s presale sold SOL for just $0.22. Those investing in the Solana presale took a huge risk, but were rewarded once the project took off. Solana hit an all-time high of over $260 in 2021, an increase of over 118,000% from presale prices.

One of the best crypto presales to explore is Dogeverse, which has raised over $13 million. It’s a meme coin like no other; it operates on six network standards. Another presale to check out is WienerAI. This meme coin project is building an AI ecosystem for traders, which adds to the value proposition for token holders.

Social Media Metrics

Billions of people use social media every day, so it’s a great way to discover crypto insights and trends. For example, projects with a strong presence on X often do well. Look for projects with a growing number of followers and increased engagement. The more people that view the project’s posts on X the better.

Similarly, check out crypto forums on Reddit. See which projects are trending and assess whether comments are overly positive or negative. Telegram is another option, considering it’s used by millions of crypto investors and traders. Explore popular channels to see which projects are being discussed.

Price Performance

Price performance should also be explored when choosing the best crypto with the most potential. In particular, focus on cryptocurrencies that consistently outperform the broader market.

First, you’ll need a benchmark as your basis. Some investors opt for Bitcoin, while others use the total market capitalization of all cryptocurrencies.

• For instance, TradingView data shows that the broader crypto market has increased by 99% in the past year.
• Therefore, you can explore projects that have made greater gains over the same period.
• Some good examples are Solana and Render, which have produced 1-year growth of 590% and 385%, respectively.
• Similarly, Toncoin’s value has increased by 176% over the same time frame.

Conversely, be cautious with crypto projects that have underperformed the broader markets. This could highlight that investors are losing confidence in the project. Or that the market offers better alternatives.

Trending Narratives

Another way to find a new cryptocurrency with potential is to explore trending narratives. For example, consider the recent meme coin mania. A significant number of meme coins witnessed gains, from Pepe and dogwifhat to Floki, Bonk, and Brett. As such, it would have made sense to increase exposure to meme coins during this period.

Another recent narrative is AI, with many projects in this space outperforming the broader markets over the past year. Examples include Render, Fetch.ai, Bittensor, and Ocean Protocol. Ultimately, it’s wise to stay abreast of key narrative trends, allowing you to hone in while the respective market is hot.

Conclusion

In summary, I’ve explored some of the best cryptocurrencies with big potential. Investors seeking the highest growth potential might like PlayDoge, a new meme-inspired project that’s currently in the presale stage.

More than $400k has been raised so far, and PlayDoge is targeting a lisiting on Binance once the presale ends. The current presale price is $0.005, which offers a discounted cost basis for new investors.

Visit PlayDoge Presale

FAQs

Which crypto has the most potential?

High-risk investors will find that PlayDoge has huge growth potential. This meme-inspired project – which is currently in presale, has already raised over $440k.

Where can I find high-potential crypto coins?

Extensive research is needed when searching for cryptos with the most potential. CoinMarketCap is ideal for price data analysis, while X and Telegram are great for discovering undervalued gems. Also explore trending narratives, such as AI, DePIN, or meme coins.

Where to buy penny cryptocurrencies with potential?

New penny cryptocurrencies often trade on decentralized exchanges like Uniswap or Jupiter. Established projects can be found on centralized exchanges like eToro and MEXC.

References

1. The Bitcoin network completes the fourth-ever ‘halving’ of rewards to miners (CNBC)
2. Decentralised Finance: Defining the future of finance (PwC)
3. Understanding the risk/reward spectrum (PIMCO)
4. Memecoin mania drives Solana toward all-time highs (Bloomberg)