The 14 Hottest Cryptos To Buy Now In 2024

The hottest cryptos to buy are the ones that are on the verge of a rally. They hold potential for gains, either by the strength of the solutions they offer, their tech stacks, or pure hype.

The question now is, of the 10,000+ cryptos in the industry, which ones are most likely to rise? We covered 17 cryptos that command a lot of trading volume, are on the trending list on various aggregators, and have the potential for growth.

Our guide explores what these cryptos are, what they do, and why they are good investment choices right now.

The Top Cryptos to Buy in 2024

The Best Cryptos to Buy Now Reviewed

What is the Hottest Crypto to Buy Now?

The hottest crypto on our list right now is Piggy Bankster, because of its ability to tap into new and engaging narratives in the community-driven meme coin space, and because of its potential to achieve truly viral growth on the back of this community support.

The others on our list are just as hot, including Bitbot, a self-custodial crypto trading bot, and Chancer, which provides a better, decentralized way to bet on virtually any event with a trackable outcome.

How to Find the Hottest Crypto to Buy Now

Lock On to Developing Trends

Hot cryptos are usually in season because they are at the forefront of or benefit from a hot trend. A trick to finding them is to realize that the crypto market always follows trends. At the start of the year, it was artificial intelligence which saw a rally in AI cryptos.

Then, it was the Ethereum upgrade that saw ETH rally, then meme coins pumped as a meme coin rally, brought on by Pepe, ushered in a new set of meme cryptocurrency trends.

To find hot cryptos, seek out hot trends.

Use Social Media

Social media sentiment is a good way to find tokens and digital currencies that people are talking about. However, exercise caution as tokens that are fast declining can also create a similar buzz. Tools like Lunar Crush can help you find trending tokens on Twitter.

Why You Should Invest in the Hottest Crypto to Buy Now

Growth Potential

Virtual currencies that receive a lot of buzz can return outsized gains. A prime example is Pepe, which reportedly turned an investor’s $250 into $1 million in just four days. Twitter is littered with stories of early investors who cashed out big by jumping on trends and crypto presales early.

Potential Gold Mine

Sometimes, the hottest crypto today could become a good long term source of value. However, this is not a rule as the last time Bitcoin was hot was at the 2021 bull market when it was $60,000. It has since lost over 50% of its value.

However, hot cryptos can still grow to establish themselves as pillars in their categories, and investors who get in early enjoy outsized gains.

Are There Any Risks to Buying the Hottest Crypto Now?

Trend Reversal

The most pertinent risk to buying the hottest cryptocurrency trend is that most retail investors hear about a hot crypto at the peak of its run. There’s a popular saying in crypto that goes along the lines of “when your mom or uncle tells you that a particular coin is mooning, that’s a sign that it’s time to sell.”

A good example is Pepe. By the time most people heard about Pepe, it was already around the $1 billion market cap. It has since fallen to a $380 million market cap.

Short Term Fad

Hot cryptos can be short term fads that peak quickly and eventually fade away. This is most prominent among meme coins but also occurs in other crypto categories, like utility tokens. To battle this, you must ensure that you carry out fundamental research to determine whether a hot crypto has a utility value, like a governance token ability.

Things to Consider When Investing in the Hottest Crypto

The source of the hype: Some trends are driven largely by emotion. If this is the case, then the cryptos made hot by these trends will quickly lose value once the emotions pass.
Sustainability: Sustainability is key as only the most sustainable projects survive. If the project’s solution seems temporary, or its tokenomics unsustainable, then eventually, it will fail.
Length of trend: If you’re not plugged into the crypto space, you’ll most likely hear about cryptos when they are reaching their peak. In this case, you’ll need to be careful. First check price historicals to gauge how long the crypto has been rallying.
Check community: You can tell a lot about a crypto by the activities of its community members. Join crypto discord groups and follow updates on Twitter to gauge whether communities are dedicated.

How to Buy the Hottest Crypto Now

This guide shows you how to buy the hottest cryptos on an exchange like eToro.

1. Open an Account

Navigate to the eToro website and click on the Start Investing icon or 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

Set up your profile and submit KYC documents like a valid government ID and proof of residence document like a utility bill.

3. Deposit Funds

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, we used Ethereum. An interface like the one below should load. You can then set your parameters and buy.

Where To Buy New Hot Coins

For coins like Solciety that aren’t out yet but are already creating a buzz, you’ll have to buy them directly on their websites using a crypto wallet. This guide shows you how.

Step 1: Download A Wallet

For this guide, we used MetaMask. Download MetaMask on your phone as a mobile app or on your laptop as a browser extension and create a new wallet. Ensure you keep your seed phrase safe and offline.

Step 2: Buy Some Crypto

You’ll need some SOL to buy Solciety. You can buy on an exchange and transfer to your wallet or use a fiat onramp like Simplex.

Step 3: Connect Wallet

Navigate to Solciety’s website and connect your wallet to buy SLCTY using SOL. Ensure you leave enough to pay gas fees.

Step 4: Wait To Claim

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

Latest Hottest Crypto to Buy News

Bitcoin and Ether stand their ground this week while Altcoins tumble because of the SEC’s attack on Coinbase and Binance.US
Institutional interest in Chainlink grows as the network sees huge whale transactions
Data shows that more capital is flowing away from Ethereum and onto Arbitrum as the largest layer 2 remains an attractive destination for investors
Canada’s Largest University becomes an XRP validator in a new partnership with Ripple

Final Thoughts on the Hottest Crypto to Buy Now

We explored the hottest cryptos to buy now and chose Piggy Bankster as our top choice. However, all the cryptos on this list are good options as they have strong fundamental value, and in the case of Pepe, it is a new trusted memecoin.

While the cryptos on our list are trusted because we’ve done the research, remember to always gauge community involvement, check on sustainability, and avoid buying cryptos at the top of their trends when the hype is hottest.

You may want to read our guide on how to invest in cryptos to get a better understanding of the investment process.

Methodology - How We Picked the Hottest Crypto to Buy Now

The cryptos covered in this guide were chosen through rigorous research. We paid attention to utility, reputation, community, hype, and growth potential.

The tokens listed are the best we found in the various categories we listed them. For example, we listed Piggy Bankster as the hottest betting crypto because of its viral growth potential.

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

FAQs

What is the Hottest Crypto to Buy now?

The hottest crypto to buy right now is Solciety because it taps into viral political trends at the height of an election cycle.

Which Crypto is Best for the Future?

All the cryptos listed are great options as they all have fundamental value that could last well into the future.

What is the Fastest Rising Crypto now?

The fastest rising crypto now is Solciety, which is gaining a lot of media attention and community interest.

Which Crypto has the Most Potential?

All the cryptos on our list have potential that cannot be measured side by side because they are in different categories and proffer solutions to different problems.

What Coin is Going to Pump?

We cannot say which coin is going to pump as we cannot see the future. You’ll have to watch the market to find out.

The 14 Hottest Cryptos to Buy Now in 2024