The 18 Best Cryptos to Buy Now in 2024

Best Crypto To Buy Now in 2024

1. Poodlana (POODL) – Best Lifestyle-Inspired Solana Memecoin
2. Solciety($SLCTY) – Best Politically-inspired Memecoin
3. BitBot (BITBOT) – Best Telegram Crypto Trading Bot
4. Bitcoin Dogs ($0DOG) – Best Bitcoin BRC-20 Token
5. Memeinator (MMTR) – Best New Memecoin
6. Metacade (MCADE) – Best Gaming Community
7. Bitcoin (BTC) – Best Blue Chip Cryptocurrency
8. Ethereum (ETH) – Best Smart Contract Platform
9. Arbitrum (ARB) – Fastest Growing Ecosystem Crypto
10. Optimism (OP) – Best Layer 2 Crypto
11. Pepe (PEPE) – Fastest Growing Memecoin
12. Pendle Finance (PENDLE) – Best Discount Platform
13. Polygon (MATIC) – Best Sidechain
14.  Mute (MUTE) – Fast Growing Decentralised Exchange
15. Gala Games (GALA) – Best Crypto Gaming Studio
16. GMX (GMX) – Best Perpetual Exchange
17. ArbDoge AI (AIDOGE) – Memecoin with Potential
18. Sui Network (SUI) – New Layer 1 Blockchain

The Best Crypto To Buy Now Comparison

Our Top 18 Best Crypto Coins to Buy Now Reviewed

Poodlana (POODL) – Lifestyle-Inspired Solana Memecoin

In a sea of flat dog-inspired memecoins with no edge, Poodlana stands out as the creme de la creme of lifestyle, fashion, and class by redefining what it means to be fabulous in the digital age.

Why invest in POODL?

According to a news report from Coindesk, 80% of memecoins’ price growth occurs during Asian trading hours, making the Asian market vital to their success.

POODL is inspired by the Poodle dog breed, the third most popular breed in the Asian region. Considering that most of the strongest memecoins on Solana are tied to real-world narratives, the project can create a strong narrative by keying into the region’s love for the Poodle breed.

Crypto ranking data shows that memecoins popular in Asia tend to perform well globally and reach million-dollar market capitalisations. Some examples are Peipei ($78 million market cap), Biaoqing ($12.97 million market cap), and KFC ($195 million market cap).

By differentiating itself as a high-class memecoin for the fashion elite based on a popular dog breed, POODL can lock into a popular narrative and achieve breakout growth.

Risks in investing in POODL

Most memecoins that try to start (or key into) a popular narrative eventually fail. POODL’s success relies largely on its positioning as a high-class memecoin that is a step above the rest and its fair launch. Like most memecoins, it has no utility and is a risky venture.

POODL has a total supply of 1 billion tokens, 50% of which will be offered for sale in the 30-day presale event starting on July 3rd. After the presale, the token will be listed on Raydium within 60 minutes of the presale close. All tokens will be unlocked and hit the market simultaneously, making the next 30 days the only time investors can get their hands on the token before launch.

To participate in the presale, visit the Poodlana website.

Solciety ($SLCTY) – Best Politically-inspired Memecoin

Solciety is a memecoin project pushing beyond the norm to create a community for all degens. The coin leans into the PolitiFi narrative by presenting itself as an on-chain political party for all memecoin lovers focused on gains, not policies.

Why invest in Solciety?

Memecoins thrive on attention and are built around narratives—the more relevant the theme, the more attention the memecoin garners. Politics is a prominent narrative this year as US elections approach, and Solciety being the first memecoin heralding the political party meta, enjoys first mover advantage.

The project stands on the proven success of Political tokens like Donald Tremp and Joe Boden but differs from them in that it does not lean toward one party but creates a community for everyone.

Furthermore, the project is built on Solana and enjoys the network’s speed, scalability, and growing user base.

Risks in Investing in SLCTY

Like all memecoins, SLCTY risks performing admirably or failing spectacularly. Investors also risk a lack of longevity as most memecoins lose the greater part of their values after the hype around their narrative dies down.

SLCTY’s presale launched on 18 June, and will run for 30 days offering 3 billion tokens to early investors. Visit the Solciety website to participate in the presales.

Bitbot – Best Crypto Trading Bot

Bitbot is a crypto trading bot that allows you to trade cryptos on-chain using simple text instructions on Telegram. The bot is part of a rising trend of people using bots with instant execution speeds to keep up with institutional traders.

These bots are usually integrated with the Telegram messaging platform, allowing users to control their trading activities using simple commands. Because of their ease of use, efficiency, and speed, traders can use them to uncover and buy tokens before they launch on major exchanges.

Why invest in Bitbot?

Bitbot offers features that place it ahead of other trading bots. The most pertinent is its emphasis on decentralization. Most Telegram bots hold on to their users’ private keys, creating an attack vector.

We saw this happen with popular bots like Unibot, which was hacked in October 2023. The attacker could drain funds from connected wallets because the platform stored its users’ private keys.

Bitbot uses a completely decentralized structure to ensure users are always in charge of their tokens.

Risks in investing in Bitbot

While the bot has utility, the success of its token depends on the company’s ability to attract and retain users, which is usually easier to accomplish during a bull market than a bearish one.

2024 is expected to be bullish thanks to Bitcoin’s halving, however, interest beyond the bull season is yet to be determined.

Bitbot has a total supply of 1 billion tokens, 30% of which will be sold in an upcoming presale event. This presale includes a competition that will reward participants with up to $100,000. To stay current on the presale, visit the Bitbot website.

Bitcoin Dogs ($0DOG) – Best Bitcoin BRC-20 Token

Bitcoin Dogs’ native token, $0DOG, will launch as the first-ever ICO on the Bitcoin blockchain. Thanks to cutting-edge Bitcoin Ordinal technology, Bitcoin Dogs is pushing the boundary of what is being built on the Bitcoin network.

By combining memecoins, NFTs, and Ordinals, this project aims to go where none has gone before along with all who dare to run ahead of the pack. Given the industry’s love for breaking new milestones, this project will attract the interest of people within and outside the Bitcoin community.

Why invest in Bitcoin Dogs?

Bitcoin Dogs keys into strong crypto narratives like BRC-20 and the Bitcoin halving that could place it in investors’ sights, and allow for innovation and significant upside; several BRC-20 projects that have launched have garnered traction from investors and Bitcoin enthusiasts.

Bitcoin Dogs has gone further than most other projects to build the first Bitcoin-native gaming ecosystem with tokens, a planned NFT collection, and even games further down the line.

Bitcoin on-chain metrics data from Dune Analytics show a significant increase in transaction count on the blockchain that started close to the end of January 2023, when Ordinals was launched.

Higher volumes combined with the Bitcoin halving in April 2024 could catalyze significant growth for the network and its most promising projects, like Bitcoin Dogs.

Risks in Investing in Bitcoin Dogs

Bitcoin Dogs is a new project attempting a feat that has never been done before. As such, there are bound to be obstacles that are novel to this project, and a history of token launches shows that plans are hardly ever without hiccups.

$0DOG will be the native token of the Bitcoin Dog ecosystem. It has a maximum supply of 900 million units, 90% of which is allocated to the presale. This means that investors will get the bulk of tokens, making this as close to a fair launch project as possible.

To join this project early, head over to the Bitcoin Dogs website.

Memeinator (MMTR) – Best New Memecoin

Memeinator is a memecoin with a twist. While other memecoins adopt an animal theme, either a dog or frog, Memeinator has chosen to adopt themes from the wildly popular Terminator series. It features terminator dogs that have traveled back in time to dominate the meme market.

Why invest in Memeinator?

In the memecoin space, virality is the difference between success and failure. Memeinator has employed innovative marketing strategies, an engaging story, and an upcoming suite of products to keep its growing community engaged.

Despite the uncertainty of the memecoin space, Memeinator has displayed the potential to create a community of loyal supporters by offering innovative rewards. One of which is a trip to space on the Virgin Galactic, worth a whopping $250,000.

In the future, the MMTR token will be the key to unlocking the ecosystem which will include exclusive NFTs and an action game.

Risks in investing in Memeinator

Big plans and hype are common tools that memecoins employ to get people onboard, and while Memeinator is making strides, it is still untested. Most memecoins fail, and there is a possibility that Memeinator will as well.

MMTR has a maximum supply of 1 billion tokens, 62.5% of which is on offer in the presale which is currently ongoing. This is suitable as most of the supply will be in the hands of the public, making it less prone to manipulation.

To join the presale, head over to the Memeinator site.

Metacade (MCADE) – Best Gaming Community

Metacade is a community protocol built to house the Web3 gaming community across various games and top Metaverse crypto. It aims to be a go-to hub for all participants in gaming from players to builders, investors, reviewers, and enthusiasts.

Why Invest In Metacade?

Metacade will provide a holistic community experience spanning several games and Metaverses. If a Metaverse is a virtual place where users can interact, then Metacade is a community built from the interactions of people from various Metaverses.

However, the platform will focus on gaming worlds, not general purpose ecosystems.

With Metacade, players will be able to connect to their favorite games from their member dashboards, see which games their peers enjoy the most, and even access leaderboards that rank the best players in various games.

Risks In Investing In Metacade

The Metacade platform will need to implement various integrations that may render it a target for hackers and other crypto scams. If the smart contracts are compromised, even once, the platform could lose the trust of crypto investors and users and the token price may never recover.

The MCADE token is the native currency of the ecosystem and is integrated into much of its functions. For example, players can earn MCADE for community contributions, campaigns, and staking rewards.

You can buy Metacade here.

Bitcoin (BTC) – Best Blue Chip Cryptocurrency

Bitcoin is the first on our list as the decentralized money network still enjoys first mover advantages in the market. While its blockchain technology can be clunky at times, it is still the most decentralized network, some would argue it is the only truly provable decentralized network in cryptocurrency markets.

Why Invest In Bitcoin?

Bitcoin remains the premiere crypto investments with a market cap of $563 billion, around 43% of the industry’s market capitalization. It is projected to grow to over $100,000 per coin during the next bull run, with the most extreme predictions at $1 million a coin sometime in the future.

Furthermore, a technology called Ordinals has enabled the creation of NFTs and even other crypto assets and tokens on the Bitcoin network, creating the opportunity to expand the already largest network by market cap and trading volume.

Risks In Investing In Bitcoin

Bitcoin is known to sometimes behave like a risky asset. Until it completely detaches from that view, it may be unnecessarily affected by economic events that do not directly affect it, like bond yields trending higher.

BTC has a total supply of 21 million coins, 19.3 million of which are currently in circulation. It currently trades at $29,100 as of writing with 52-week highs and lows of $39,600 in May 2022 and $15,700 in November the same year.

You can buy BTC on exchanges like eToro.

To learn more, read our Bitcoin review.

Ethereum (ETH)  – Best Smart Contract Platform

Ethereum is the largest smart contracts network in crypto. It has become a quintessential part of the industry, providing infrastructure for over 1,000 decentralized applications. If Bitcoin is the “father” of the industry, Ethereum would be its “mother”.

Why Invest In Ethereum?

In addition to being the largest smart contracts platform with over $32 billion worth of digital assets, Ethereum’s operating system, called the Ethereum Virtual Machine, is the most widely used in the industry, so much so, that an entire category, called EVM chains, was created to classify blockchains that use the EVM.

The Ethereum blockchain network has also created a market for another type of blockchain network, called layer 2 networks, which are built on top of Ethereum to help speed up digital assets transactions. The market cap and value of some of these networks have contributed positively to the crypto and blockchain space industry overall.

As Ethereum blockchain grows faster and more scalable, thanks to recent upgrades, it will attract institutional investment and more retail participation, thereby increasing the value of the crypto project network which will reflect in the price of ETH.

ETH has an infinite supply but implements a burn mechanism for a portion of transfer fees. Provided the number of burnt crypto exceeds the number of coins minted, ETH’s price should continue to climb.

Risks Of Investing In Ethereum

Ethereum is as of writing, ETH trades at FIAT currencies of $1,900 per coin with 52-week highs and lows of $2,900 in May 2022 and $995 in June the same year.

You can buy Ethereum on major crypto exchanges like Binance.

To learn more, you can read our Ethereum review.

Arbitrum (ARB) – Fastest Growing Ecosystem Crypto

Arbitrum is the largest layer 2 network built Ethereum with a market capitalization of $1.7 billion and a total value locked of $2.4 billion. It is also the fourth largest ecosystem overall with over 230 protocols from Defi applications to exchanges and games.

Why Invest In Arbitrum?

Arbitrum is currently the market leader in Ethereum scaling solutions. Its native crypto token, ARB, launched a month ago and has not yet reflected the value provided by the ecosystem, due mainly to the 2023 bear market.

Nonetheless, the native token shows promise for growth as its ecosystem expands to include more apps and onboard more users.

ARB has a total supply of 10 billion tokens, 1.2 billion of which are currently in circulation. As of writing, it trades at $1.45 with an all-time high of around $10 and a low of $1.16 in the crypto space.

You can buy ARB on crypto exchanges like Binance.

Optimism (OP) – Best Layer 2 Crypto

Optimism is another layer 2 network that is making waves in the crypto industry. It is built on a technology called Optimistic Roll ups that allows it to process transactions at market-leading speeds, even faster than Arbitrum.

Because of this, the network has gathered momentum, increasing this crypto assets total locked value (i.e. the value of assets held on chain) to $918 million over the past 2 years.

Why Invest In Optimism?

Optimism is loved by institutions as Coinbase has decided to build its own layer 2 network using Optimism’s blockchain technology stack which powers a growing list of over 108 decentralized applications.

Furthermore, the network’s native token, OP, was launched during a bear market and harsh economic landscape. With the crypto bull market supposedly around the corner, the token has the potential to be one of the best crypto and grow several fold for many crypto investors.

OP has a total supply of 4.2 billion tokens, 314 million of which are currently in circulation. This means that some supply pressure for these crypto assets is to be expected, however, it may still be viable to buy now as the token has not yet experienced significant growth since launch.

As of writing, OP trades at $2.13 and has an all-time high of $3.10 reached in February 2023.

You can buy OP on cryptocurrency exchanges like Binance.

Pepe (PEPE) – Fastest Growing Memecoin

Pepe is a memecoin that was launched less than a month ago but is already making waves in the industry. Memecoins have become a significant part of the crypto ecosystem as they are light-hearted projects that foster community engagement from many crypto investors.

Driven primarily by hype (and memes), these digital assets and tokens are known to soar to astronomical heights, and then crash just as spectacularly. Most memecoin cryptocurrency projects never last more than a few weeks.

However, some are able to make names for themselves and garner enough holders to remain relevant like Shiba Inu and Dogecoin.

Why Invest In Pepe?

Pepe is a memecoin based on one of the most recognised memes in the industry, Pepe the Frog. The coin has already achieved a market capitalization of $600 million as of writing and is growing the list of cryptocurrency exchanges it is listed on.

The token has surged more than 21,000% in a bear market, according to on chain data, and has the potential to grow even further as it gets listed on major exchanges.

The Pepe team also no longer supports smart contracts, so there is no risk of rug pulls and all PEPE tokens are already in circulation.

PEPE currently trades at $0.00000162 and can be bought on cryptocurrency exchanges like OKX.

Pendle Finance (PENDLE) – Best Discount Platform

Pendle Finance is a decentralized finance platform that splits the yield from yield-bearing tokens, allowing them to be sold at a discount to their market values. It works similar to bonds where the bond is sold at a discount to its face value and the discount becomes the profit.

In essence, you can buy select crypto assets at a discount to their current market value, provided you hold for a specified period, making it one of the best crypto to buy.

Why Invest In Pendle?

Pendle allows for the proliferation of fixed income decentralized crypto derivatives within crypto. By separating principal from yield, investors can hedge against interest rate changes, long yields, or buy principal tokens for a fixed return.

As more institutions enter the market, the yield and interest rate markets will expand, placing Pendle in a unique position for growth.

The platform’s native token, PENDLE, has a total supply of 231 million tokens, 96 million of these crypto assets are currently in circulation. The tokens are used primarily for governance token purposes and boosted yields for the platform’s liquidity pools.

PENDLE trades at $0.34 as of writing with 52-week highs and lows of $0.64 in April 2023 and $0.03 in June 2022.

You can buy Pendle on a decentralized cryptocurrency exchange like Uniswap.

Polygon (MATIC) – Best Sidechain

Polygon is an infrastructure for building standalone blockchains. Its flagship network, the Polygon network is an Ethereum blockchain sidechain that also speeds up transactions on the Ethereum network by moving them to and processing them on another network.

However, sidechains are not the same as layer 2 networks as they are built parallel to the main chain as opposed to being on top of it. They have their own consensus mechanisms, validation processes, and security features, and only post transactions to the Ethereum Blockchain chain for record purposes.

Why Invest In Polygon?

Polygon is the leading sidechain and the fifth largest blockchain network in the industry with a market capitalization of $9.2 billion, with this crypto and blockchain space having a total locked value of $1.02 billion, and over 21 decentralized applications.

The network also launched a ZkEVM chain recently that will allow developers to build secure applications on a scalable network right on top of Ethereum. Zero Knowledge proofs are a growing trend in the crypto space because they provide scalable and secure infrastructure.

Its sidechain has attracted partnerships from various brands like Starbucks, Disney, Adidas, and Prada.

You can buy Polygon on exchanges like Coinbase. Alternatively, you can read our Polygon review to learn more.

Mute (MUTE) – Fast Growing Decentralized Exchange

Mute is new among decentralized exchanges on the ZKSync Era network, an L2 on Ethereum. It is a growing application in a burgeoning ecosystem that has the potential to rival more established Dexes.

Why Invest In Mute?

The cryptocurrency projects exchange combines various DeFi activities into one platform to provide an all-in-one solution. These activities include automated market-making, yield farming, and a bond platform.

Holders of this crypto asset can deposit their funds into liquidity pools to facilitate trading for a cut of trading fees. The liquidity they provide is represented by special tokens called LP tokens. These tokens can then be used by token holders to buy MUTE tokens at a discount using the bond platform.

There is a 7-day vesting period, after which investors will get token rewards and get MUTE tokens at the displayed discount price. You can then sell on the market for a profit, making it a great crypto investment.

MUTE has a total supply of 40 million tokens, all of which are in circulation, eliminating any risk of sell pressure due to token unlocks. As of writing, its price is $0.75 with an all-time high of $1.73 in March 2023 and an all-time low of $0.12 in July 2022.

You can buy MUTE on decentralized exchanges like Uniswap.

Gala Games (GALA) – Best Crypto Gaming Studio

Gala Games is a gaming studio known for building games that are as enjoyable as their Web2 counterparts. Its flagship title is Town Star, a town building simulation with NFT integration and multiverse functionality.

Town Star has at least 6,000 monthly active players, which may not be much compared to regular games, but makes a difference in Web3 crypto.

Why Invest In Gala?

Gala has a lot of great plans in the works. It has an ongoing partnership with AMC to bring its hit show, The Walking Dead, into Web3 as a game. Development has begun and in-game NFTs are already on sale.

Gala also created a custom blockchain to power its new world of games and will distribute new digital currency tokens on May 15th with improved tokenomics and in-game economics. The new token supply will also be called GALA for any crypto investment.

While the GALA supply was once 50 billion, the new tokenomics model will drastically reduce this crypto assets supply. We believe that the combination of a better tokenomics model and enjoyable games places GALA in an optimum position for growth and best cryptocurrency to invest.

You can also buy GALA on exchanges like Binance.

GMX (GMX) – Best Perpetual Exchange

GMX is a derivatives platform that allows the trading of crypto perpetuals, a crypto derivative which acts like a Futures contract without an expiration date. Platforms like GMX were thrust into the limelight after the crash of FTX as investors realized that centralized crypto exchanges were fraught with risk.

GMX leads the perpetual trading market with this crypto assets having a market capitalization of $602 million and a total locked value of $599 million. It is also the largest protocol on the Arbitrum network, exerting a 24.32% dominance as of writing.

Why Invest In GMX?

GMX is the next evolution of decentralized crypto trading. While Dexes started out with the simple interface seen on popular platforms like Uniswap, their features are now similar to those of centralized trading platforms as they grow to meet user demand.

GMX provides 50x leverage for its 230,000 users to maximize their profits. The platform also rewards stakers and liquidity providers with a cut of platform revenue. For context, the platform has made a total of $160 million in fees since its launch in 2021.

GMX, the Dex’s native cryptocurrency token, has a total supply of 13.5 million units, 8.6 million of which are already in circulation. Of the tokens in circulation, 77.5% are staked.

You can buy GMX on exchanges like OKX.

ArbDoge AI (AIDOGE) – Memecoin with Potential

ArbDoge AI is a memecoin that launched on April 18th, but has already become the seventh largest memecoin with a market capitalization of $125 million.

Like all crypto asset meme coins which are built around themes, ArbDoge is built around AI creatures, predominantly a fox-like dog. Its community claims to integrate AI into a series of products, most of which would be released at later dates.

In our experience, the claims to integrate AI or build new technologies are gimmicks to get people and potential token holders onboard. However, we believe that ArbDoge may have as much potential as a meme coin could.

Why Invest In ArbDoge?

The major appeal for ArbDoge is the bull run expected to start in 2024. Memecoins tend to perform incredibly well during bull markets and the more popular a memecoin is, the better its chances. As the seventh largest meme coin, ArbDoge is in a unique position to grow.

The meme coin’s tokenomics also favors growth in the right conditions as all tokens are in circulation. A 15% burn tax is also implemented on all transactions, meaning that 15% of all tokens transacted with will be burned. Burned tokens are permanently removed from circulation.

With a 24 hour trade volume of $149 million, we reckon a lot of tokens are being burned, which should exert an upward pressure on price, provided demand doesn’t dwindle too badly.

AIDOGE started with a total supply of 210 quadrillion tokens. So far, 14.2 quadrillion or 6.223% of the total digital currency has been burned. The token currently trades at $0.000000000582.

You can buy AIDOGE on exchanges like OKX.

Sui Network (SUI) – New Layer 1 Blockchain

Sui Network is a layer one blockchain that is built for rapid scalability with plans to onboard the next 1 billion decentralized applications. It was built by developers from Facebook (now Meta) who worked on the company’s now defunct alternative payments platform, Diem.

The blockchain network runs on a programming language called Move that is reportedly easy to use and loved by developers. Scaling is also horizontal, allowing for demand spikes without increases in transaction fees.

Why Invest In Sui?

Sui is a new blockchain that launched its native token as recently as May 3rd in a bear market. The coin has not had a chance to grow as the blockchain’s market capitalization remains below $1 billion.

Furthermore, the company behind the blockchain is valued at $2 billion after raising $336 million from big names like a16z, Coinbase Ventures, Jump Capital, and Circle Ventures.

SUI trades at $1.16 as of writing after falling over 10% due to bearish market conditions. This presents an opportunity for investors to buy this crypto asset, especially as a bull run is projected for next year by crypto analysts.

There are 10 billion SUI tokens in existence, 528 million of which are currently in circulation, so some sell pressure is to be expected in the future. However, the Sui blockchain has one of the highest developer activity levels and active wallets.

You can buy SUI from exchanges like Binance.

Is it a Good Idea to Buy Cryptocurrency Now?

Whether it is a good idea to buy crypto now for potential token holders depends on when “now” is. When this guide was written, the crypto market had gone through a bearish year. Crypto prices had lost at least half of their value at the height of the bull market, some to all-time lows, so it was a perfect time to buy.

Ideally, a good time to buy the best cryptocurrency to invest in is during a bear market when prices have fallen to a certain degree. Try not to time the market, as this always ends disastrously, especially for retail investors.

Instead, stick with projects that have strong fundamentals and are selling at considerable discounts to their recent highs.

While this guide will be regularly updated, it is generally inadvisable to buy cryptos when prices are high, even if you intend buy the top long term crypto.

Are There Benefits to Buying Crypto Now in Presale?

There are benefits to buying cryptocurrency during the presale period. However, there are also risks.

Presales are held before cryptos are made available to the general public. It is an avenue for a project’s core supporters and investors to buy up a limited amount of its token at a discount to its general listing price.

Presales incentivize people to buy projects that could potentially double, triple, or even 10x in value at cheaper prices. However, they can also be risky as there are no guarantees that a project will succeed.

Things to Keep in Mind When Deciding Which Crypto to Buy Now

Because you are buying a crypto now doesn’t mean it has to be a new project. You could be buying old projects at the best cheap crypto prices or existing projects that are gaining popularity. Either way, look out for the following factors when deciding what to buy.

Market Cycle

Where you are on the crypto market cycle is a huge determinant of what coins to buy or whether to buy at all. Crypto market cycles consist of two bullish years followed by two bearish ones. This has been the trend over the last 10 years.

Always check where you are on the cycle before buying crypto. The best time, ideally, would be towards the end of the bear market. Many crypto analysts would agree that the goal shouldn’t be to buy at the absolute lowest price, but to buy when the bull market is round the corner.

Narratives

Narratives drive the crypto market. When ChatGPT launched, AI-focused cryptos surged. In 2023, AI-themed meme coins are popping up as the AI narrative permeates the industry.

The beauty of narratives is that they can cause rallies in bear markets. If you catch onto one early enough, you can make outsized gains provided you sell before the narrative dies out.

Some narratives last for months and years, while others last for a short period. Memecoin narratives are usually the latter.

Fundamental Solutions

The best types of projects to buy are those that proffer long-term solutions to perpetual problems. For example, the crypto industry will always require decentralized forms of money, and Bitcoin is a sustainable solution for that.

The more fundamental a project is to the growth and operation of the crypto industry, the better positioned it is for long term success.

Tokenomics

Tokenomics defines how tokens interact with their native ecosystems. It also outlines the microeconomics within crypto projects, how value is created, captured, and transmitted across various network participants.

Weak tokenomics are known to create problems, and projects that fall into this category usually end up reworking their tokenomics later on.

There is no one-size-fits-all model for token economics, however, always ask whether a project needs a token, whether the token captures value or adds in any significant way to the operations and growth of projects.

Market Capitalization

Market capitalization is the total value of all tokens available publicly. It is derived by multiplying the circulating token supply by the price of each token. The idea is to buy into projects with relatively small market caps.

We say relatively because you’ll have to compare the market cap of the crypto you wish to buy with those of existing projects to gauge how much growth is possible at current market conditions.

Hype

Hype plays a role in the crypto market. Tokens of projects that benefit from hype increase in value many times over within a very short period. While you can ride the momentum created by hype, it shouldn’t be a focus, which is why it is the last on our list.

What Makes Someone Want to Invest in a Crypto Coin Now?

Tokenomics

Tokenomics defines how tokens interact with their native ecosystems. It also outlines the microeconomics within crypto projects, how value is created, captured, and transmitted across various network participants.

Strong tokenomics are always an attractive factor in crypto projects. A good example is Polygon with a limited supply and utility integrated into the network.

There is no one-size-fits-all model for token economics, however, always ask whether a project needs a token, whether the token captures value or adds in any significant way to the operations and growth of projects.

Hype

Hype plays a role in the crypto market. Tokens of projects that benefit from hype increase in value many times over within a very short period. Because this page focuses on cryptos you can buy now, hype is important as it can be a catalyst for realizing profits quickly.

Project Viability

Cryptos belonging to protocols that solve problems in sensible and sustainable ways are more attractive than those that do not. The more useful the solution, the more integrated it becomes in the working of the industry.

A good example is Ethereum. It is difficult to imagine a crypto industry without Ethereum as it has become so ingrained with the industry as a whole.

How to Find the Best Crypto to Buy Today

• Focus on utility: The best projects derive fundamental value from the problems they solve. Projects that have to create products to give their tokens utility are already a red flag.
• Gauge community: Sometimes, cryptos with weak fundamental value can still thrive if their communities are strong and loyal. A good example is Pepe. Memecoins, generally, are not expected to have much utility outside dank memes.

What is the Best Crypto to Buy Now?

One of the best cryptos to buy now is the first on our list, Poodlana. Built on the Solana blockchain, a growing number of crypto analysts believe this new memecoin has the potential for truly viral growth.

The next two cryptos on our list are also good choices as they too are building platforms that will cause disruptions in their fields.

How to Buy the Best Crypto Now

You can buy the best cryptos on cryptocurrency exchanges like eToro. This guide shows you how.

1. Open an Account

Open an  account by browsing to the eToro website and clicking on the Start Investing icon. Alternatively, you can download the mobile app from the Play Store/App Store and click on Sign up. Fill out the form with your full name, email address, and password.

 2. Verify Your Account

Verify your account by setting up your profile and submitting KYC documents like a valid government ID and proof of residence document like a utility bill.

 3. Make a Deposit

Once your account has been verified, deposit funds by using any of the available payment options. Choose a convenient method and set the amount you’d like to deposit.

 4. Buy Crypto

Once your account is funded, search for any of the cryptos mentioned in the Discover tab. An interface like the one below should load. You can then set your parameters and buy.

Where to Buy Cheap Coins

To get your hands on cheap cryptos like Poodlana that are not yet listed on exchanges, you’ll have to purchase them directly on their websites using a crypto wallet. We created a guide to help you do that.

Step 1: Download A Wallet

We used Trust Wallet for this guide. Download the Trust wallet app on your phone or use the web platform via a browser extension on your laptop. Create a new wallet. Ensure you keep your seed phrase safe and offline.

Step 2: Buy Some Crypto

You’ll need SOL to buy new Poodlana tokens. Buy some on an exchange like eToro and transfer to your wallet, or use a fiat onramp on the wallet app. You can connect to a merchant on the Binance p2p market directly from the wallet app.

Step 3: Connect Wallet

Navigate to Poodlana’s website and connect your wallet to join the presale. You can do this from the in-built browser on the mobile app. Buy POODL tokens using SOL. Ensure you have enough to pay for gas fees.

Step 4: Wait To Claim

You’ll need to wait until the presale is over to claim your tokens.

Latest Crypto To Buy Now News

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Final Thoughts on the Best Crypto to Buy Now

We explored the best crypto to buy now and chose Solciety as our top pick as it has the potential to achieve viral growth.

Nonetheless, all the cryptos on our list are great choices to buy now as they all carry significant growth potential, sound technologies, and are in the middle of trending narratives.

To buy crypto, you can use a cryptocurrency broker like eToro.

Methodology - How We Picked the Best Crypto to Buy Now

The projects covered in this guide were chosen through rigorous research. We paid attention to security, reputation, tokenomics, competitive edge, and growth potential.

The tokens listed are the best we found in the various categories we listed them. For example, we listed Chainlink as the best blockchain oracle because it is the most used and respected provider of off-chain data in the industry.

Check out our why trust us and how we test pages for more information on our testing process.

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