Home Cryptocurrency 16 Best Altcoins to Buy in 2024 for Massive Gains
Kane Pepi Financial Writer Expert Author expertise
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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.

Altcoins offer a great alternative to Bitcoin, especially those with a lower market capitalization – after all, Bitcoin is already valued at several hundred billion dollars, so there is a greater upside with altcoins.

In this guide, we analyze the 16 best altcoins to buy in 2024, looking at some of the best new altcoins to buy – such as presale projects like Bitcoin ETF Token, Wall Street Memes, Thug Life, and yPredict, which offer high upside potential – and the most popular altcoins like Ethereum and Dogecoin, which have grown to be some of the biggest altcoins on the market.

Read on to discover new altcoins that have the potential to explode.

The Best Altcoins to Invest in 2024

Listed below are the 16 best altcoins to invest in 2023:

  1. Bitcoin ETF Token – An innovative ERC20 token offering dynamic token burns and high staking rewards, closely tied to the U.S. SEC’s potential approval of a Bitcoin spot ETF. The platform raised nearly $500K in under a week of launch, showing strong community support.
  2. Wall Street Memes – $WSM is a trendy meme coin from the Wall St Bulls NFT creators that has raised over $12.8 million USDT in a month. Even Elon Musk has interacted with WSM’s Twitter post, highlighting its viral traction.
  3. Thug Life – Hot new community-centric meme altcoin currently on presale that offers 70% of the total supply at a fixed price. With over $490K raised in a week and a hard cap of $2.058 million, the coin showed strong community support. It also reserves 15% of the supply for community rewards.
  4. yPredict – This new cryptocurrency project is also in presale, having raised $1.2 million so far. yPredict is building a decentralized marketplace for predictive models. Designed by data scientists and quants, yPredict models enable traders to make smart and informed decisions. Its native altcoin, YPRED, is currently being sold at a 70% discount, compared to its exchange listing price.
  5. Ecoterra – This is an up-and-coming altcoin project building a greener future. Through a recycle-to-earn infrastructure, ecoterra rewards users for recycling unwanted goods. It is also building a carbon-offsetting ecosystem alongside a recycled raw materials marketplace. ECOTERRA tokens, native to the project, are currently in presale. $4 million has already been raised, and generous discounts are still available.
  6. Chimpzee – New crypto project that integrates eco-conservation and blockchain. It offers a strong incentivization model and is currently on presale, which has raised over $725k relatively quickly. The unique Diamond NFT passport and AI-driven app offer users additional benefits and income opportunities, such as high APY.
  7. Launchpad XYZ – This innovative altcoin project is developing an all-in-one ecosystem for Web3 investments. Those staking its native token, LPX, will have access to premium features. This includes access to exclusive NFT launches and private presales, not to mention unreleased P2E games and fractionalized assets. LPX tokens are currently being sold via the Launchpad XYZ presale.
  8. AiDoge – AiDoge is a new altcoin project that is currently in presale. Its proprietary tool combines artificial intelligence and blockchain technology to create memes. Users simply need to type in what meme they want, and AiDoge will generate one instantly. AI tokens, the native altcoin backing AiDoge, are required to create memes. More than $9 million has been raised in the AiDoge presale, making this one of the best altcoins to buy for future growth.
  9. Scorpion Casino – Crypto-powered online gaming and sports betting platform that has raised over $450K in its ongoing $SCORP token presale. With a wide range of games, a user-rewarding affiliate system, and a tokenized economy promising passive income of up to $10,000 USDT daily, Scorpion Casino aims to redefine the online gambling landscape.
  10. eTukTuk – Offers a sustainable transportation solution through its electric TukTuks, aiming to reduce carbon emissions and increase drivers’ earnings by 400%. Currently in the whitelisting phase, its native token, $TUK, offers staking rewards for supporting its network.
  11. DeeLance – This project is building a blockchain-based marketplace to connect freelancers with recruiters. DeeLance improves on the current freelancing landscape with fast payments and low fees. It is also building a metaverse, enabling users to buy land and build virtual offices. All transactions in the DeeLance ecosystem are conducted in DLANCE. This is also a presale altcoin offering discounts to early investors.
  12. Ethereum – This is the largest altcoin by market capitalization. Ethereum enables developers to execute decentralized smart contracts. Thousands of projects, known as ERC-20 tokens, operate on the Ethereum blockchain. This gives the project’s native altcoin, ETH, unprecedented demand.
  13. Ripple (XRP) – This established altcoin project enables banks and financial institutions to conduct cross-border transactions. Compared to legacy networks like SWIFT, Ripple is significantly faster and cheaper. Its native token, XRP, remains one of the most popular altcoins to buy.
  14. Arbitrum – This innovative project has developed a layer 2 solution for the Ethereum blockchain. This means Ethereum-based transactions are cheaper, faster, and more scalable. Crucially, Arbitrum not only benefits Ethereum but the many thousands of ERC-20 tokens in the market.
  15. Dogecoin – While Dogecoin transactions are faster and cheaper than Bitcoin, it is primarily a meme coin investment. Currently, Dogecoin is trading at a bear market discount of over 90%. This may appeal to investors that believe Dogecoin will return to its former all-time high of $0.74 during the next bull run.
  16. Uniswap – This project was launched in 2020 and offers decentralized trading services. Uniswap uses an automated market maker protocol, enabling users to swap tokens without a third party. Uniswap, backed by the UNI token, also supports decentralized finance products, including lending and borrowing.

Do remember that the altcoins listed above are the subjective viewpoints of the author. Readers should do their own homework before risking any money.

The Best Altcoins List in 2024

In this section, we take a much closer look at the best altcoins to buy for 2024. We explore each altcoin in great detail, including its use cases, long-term potential, and risks.

1. Bitcoin ETF Token – Overall Best Altcoin With High Passive Income Potential, Raised Nearly $500K In A Week

The Bitcoin ETF Token is a promising new ERC20 token that offers a unique, rewarding opportunity tied closely to the developments surrounding the approval of a Bitcoin spot ETF by the U.S. Securities and Exchange Commission (SEC). This project stands out due to its dynamic tokenomics, including token burn mechanisms and high staking rewards.

The Bitcoin ETF Token introduces a token burn strategy linked to significant milestones in the Bitcoin ETF journey. Up to 25% of the total token supply, which amounts to 525 million tokens, will be permanently removed from circulation upon achieving certain key events. 

These events include significant trading volume milestones for the token, the approval and launch of the first Bitcoin ETF, the total assets under management for all Bitcoin ETFs reaching $1 billion, and Bitcoin’s price exceeding $100,000.

Bitcoin ETF Token

The platform’s recently launched presale is structured across 10 stages, offering 84 million tokens in each stage. The pricing of these tokens will rise progressively from $0.005 in the first stage to $0.0068 in the final presale stage.

Currently, buyers can grab the $BTCETF tokens for $0.0052 per token. Nearly $500,000 has already been raised in under a week, showing strong community support.

Moreover, early participants in the presale can benefit from an exceptionally high APY of over 500% for staking their tokens. 

This lucrative offer, primarily available in the early stages of the presale, is designed to improve the appeal of holding onto the tokens while awaiting the Bitcoin ETF’s approval. 

It’s important to note that the APY is expected to decrease as more tokens are staked, suggesting a strategic advantage for early stakers.


Bitcoin ETF Token - Staking

Investors can buy $BTCETF tokens using Ethereum (ETH), Tether (USDT), or a credit card through an Ethereum-based wallet like MetaMask. 

The total token supply is capped at 2.1 billion, with 840 million allocated for the presale and an additional 525 million reserved for staking rewards.

For those interested in staying updated on the latest developments around the Bitcoin ETF Token and the broader context of the Bitcoin spot ETF approval, following their updates on various platforms like X (Twitter) and joining the platform’s Telegram channel is advisable.

Hard Cap $4.956 Million
Total Tokens 2.1 Billion
Tokens available in presale 840 Million
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase NA
Purchase with USDT, ETH, BNB, MATIC, Card

2. Wall Street Memes – Altcoin With Strong Community Backing of Over a Million Followers, Raised Over $12.8 Million In a Month

The recent meme crypto bull run mirrors the remarkable rise of GameStop and AMC stocks back in 2021, creating a new wave of affordable meme tokens.

Ethereum NFT creator Wall St Bulls, known for its strong following, has tapped into this trend with the debut of its Wall Street Memes token ($WSM).

Building on their successful 2021 Ethereum NFT collection, which sold out within half an hour, Wall St Bulls has ventured into Bitcoin NFTs and meme tokens, aligning with the latest trends.

Their strong follower base of over a million people lays a strong foundation for the $WSM token.

Wall Street Memes Presale

Investors should remember that meme tokens, while having a high return potential, also carry significant risks. But tokens with strong community support often see long-term success.

From its $30 million hard cap, the project raised over $12.8 million in just a month, showing strong investor enthusiasm. 

Strong community backing safeguards against ‘pump and dump’ trends typically associated with meme tokens. Wall Street Memes’ community backing could grab the attention of big crypto exchanges like Binance.

Moreover, notable figures like Elon Musk have also shown interest, interacting with WSM’s Twitter posts.

Wall Street Memes

As per the Wall Street Memes whitepaper, the $WSM presale offers investors 50% of its two-billion token pool. The rest are reserved for community rewards (30%) and exchange liquidity (20%). 

This strategy eliminates potential market dumping from team tokens, a concern observed in other cryptos. Additionally, $50k has been allocated for an airdrop to reward active community members on their social media platforms.

Join the Wall Street Memes Telegram channel to stay updated with the presale progress.

3. Thug Life – Hot New Meme Crypto with 15% Supply Reserved For Community Rewards, Raised Over $490K in a Week

Thug Life ($THUG) is a community-focused meme altcoin that offers a chance for those who missed the earlier meme coin boom.

Thug Life’s presale uses a one-round model where 70% of the total 4.2 billion $THUG supply (around 2.94 billion tokens) is available at a fixed rate of $0.0007 USDT.

This setup offers an equal opportunity for all investors to buy tokens, discouraging any dumping by early investors. The ongoing presale seeks to hit a target of $2.058 million.

The community-centric strategy of Thug Life is showing promise, as $THUG raised over $490K in a week of its launch.

Thug Life Presale

While its website indicates that $THUG doesn’t offer immediate utility, its main aim is to build a strong community. This approach has helped coins like Pepe fetch returns that surpassed even Bitcoin and Ethereum this year.

Once the presale ends, $THUG will be available on decentralized exchanges (DEXs). Also, after listing, 15% of the token supply will be set aside for airdrops and giveaways to community members. This incentive aims to create community growth and loyalty among $THUG owners.

Thug Life

To ensure price stability and medium-term growth, Thug Life intends to lock the liquidity pool for three months post-launch. To lower scam risks, the Thug Life team has set aside no tokens for themselves, further reinforcing trust among investors.

To stay informed about $THUG, you can join the Thug Life Telegram channel.

4. yPredict – Decentralized Marketplace for Buying and Selling AI Predictive Models

yPredict (YPRED) is also one of the best new altcoins to buy at presale prices with the project developing a decentralized marketplace for predictive models.

These are high-level data sets backed by artificial intelligence and machine learning. Built by data scientists and quants, yPredict models enable traders to make smart investment decisions.

yPredict presale

For example, there are predictive models that can automate the technical analysis process. Put simply, the model will alert users when an indicator flags a reading, such as overbought conditions or increased volatility. This enables traders to streamline the analysis process.

In another example, yPredict also offers predictive models that yield altcoin trading signals. For example, the signal might suggest short-selling ETH/USD at an entry price of $1,900. The yPredict signal will also provide the suggested limit, stop-loss, and take-profit order prices.

In order to access yPredict models, users will need to subscribe via a three-tired monthly fee set by the model creator and payable in YPRED tokens. This ensures that YPRED has real-world utility.

What’s more, YPRED can also be used for staking, which yields a share of the revenue generated from prediction model subscriptions.

On the flip side, do remember that yPredict will only be as successful as the predictive models it sells. If there isn’t enough demand for its models, this will have a negative impact on the value of YPRED. To counter this risk, all yPredict models must go through a vetting process. Put simply, the yPredict DAO will test each model before it is listed on the marketplace.

Those looking to buy yPredict tokens can do so via the presale. Having raised $1.2 million so far, the presale is quickly gaining traction. Currently, YPRED tokens are available to buy at just $0.07. This will soon increase by 28% to $0.09. After the presale, YPRED will be listed on an exchange at $0.12. That’s a 70% upside for current presale investors.

5. Ecoterra – Green Altcoin Project Developing a Recycle-to-Earn Network  

Ecoterra (ECOTERRA) is one of the best altcoins to invest in for exposure to green innovation. Its ecosystem, built on the Ethereum blockchain, offers various features to help the world become a more sustainable place and has developed a recycle-to-earn concept that incentivizes people to recycle.

Whether it’s glass, plastics, or clothing – users will receive ECOTERRA tokens when recycling consumed or unwanted items. Users will first need to open the ecoterra mobile app to find their nearest reverse vending machine (RVM). Then, the user will scan the recycled items via the app before depositing them in the RVM.

Ecoterra presale

The Ecoterra app will then credit the user’s wallet with ECOTERRA tokens. The long-term aim is to have RVMs installed globally, ensuring that ecoterra users can recycle with ease.

Not only will this secure the lowest price possible but when paying with ECOTERRA tokens, discounts are available. Ecoterra will also enable users to offset their carbon footprint, achieved by using ECOTERRA tokens to purchase tokenized carbon credits that are then removed from circulation.

As well as being sold on exchanges, ECOTERRA can be used to fund other green activities such as ocean clean up or tree planting.

Ecoterra is also building a marketplace for businesses – this will provide access to a global database of recycled raw materials at discounted prices.

ECOTERRA tokens are currently available to buy via the Ecoterra presale. Rated as one of our best crypto presales, it has already raised $4 million, and early investors will secure a discounted price.

Currently, ECOTERRA can be purchased at $0.00775 per token but the exchange listing price after the presale will be $0.01 – 30% above the current price.

6. Chimpzee – Green Crypto With High Staking Rewards of Up To 20%, Raised Over $725K

Chimpzee is a new crypto project that merges eco-friendly actions with digital incentives. It uses the CHMPZ token to promote environmental progress and widens the usual blockchain applications.

10% of Chimpzee tokens and a portion of profits go toward green initiatives. Chimpzee also partners with eco-friendly groups, showing its commitment to eco-friendly change.

The CHMPZ presale is an attractive entry point for investors, with over $725k raised already, hinting at strong community support.

Chimpzee Presale

The platform’s key features, like Play-to-Earn, Shop-to-Earn, and Trade-to-Earn, encourage users to earn while supporting the environment. 

  • The platform’s Zero Tolerance Game forms the Play-to-Earn aspect. Players can earn CHMPZ tokens by reaching game milestones, making gameplay even more rewarding.
  • Chimpzee’s shop offers a Shop-to-Earn model, where selling branded items earns users CHMPZ tokens and some of the profits go to green causes.
  • The Chimpzee whitepaper highlights that it also hosts an NFT marketplace using a Trade-to-Earn model, sharing trading fee profits with its users.

The Chimpzee Diamond NFT passport, available only during the first six presale stages, offers special benefits.  These include a 20% staking APY and access to an AI-powered mobile app, helping users to increase their CHMPZ holdings.

Chimpzee - NFT passports

The AI-based mobile app creates unique avatars for the NFT passport, which can be used in a play-to-earn game to support the environment and boost passive income.

Thus far, Chimpzee has funded the planting of 20,000 trees and donated $15K to elephant protection via the WILD Foundation.  For updates on the project’s progress, follow the Chimpzee Telegram channel.

7. Launchpad XYZ – All-in-One Gateway to the Web 3.0 Investment Industry   

Launchpad XYZ (LPX) is one of the best altcoin platforms to buy for exposure to the Web3 investment space. Aimed at casual investors with limited Web3 experience, Launchpad XYZ  supports a wealth of features. This includes a decentralized exchange (DEX) that supports cryptocurrencies, NFTs, and fractionalized assets.

The latter refers to large stores of value that are tokenized into smaller units, such as real estate. Launchpad XYZ will also provide access to pre-released play-to-earn (P2E) games. This gives Launchpad XYZ users an edge, as they can evaluate the potential of the P2E gaming token before it launches to the public.


Another feature is access to private round presales. These are exclusive presale campaigns only available to whitelisted investors.

Launchpad XYZ will secure an allocation of tokens and offer them to its users. We also found that Launchpad XYZ provides unparalleled insights and data for crypto investors. This includes a risk-reward scoring system across hundreds of tokens, enabling investors to make smart decisions.

The Launchpad XYZ ecosystem is backed by its native LPX tokensm which are currently in presale – LPX provides access to premium features and those staking LPX can access private presales, pre-release P2E games, and discounted trading fees.

Those staking LPX can also access private NFT launches and fractionalized assets. Almost $500,000 worth of LPX tokens have already been sold in the presale.

Currently, investors can buy Launchpad XYZ tokens at $0.0445. After the presale, LPX will be listed on the Launchpad XYZ DEX at $0.0565, an increase of 26% from the current presale price.

8. AiDoge – Merging The Power of AI To Help Create Engaging Memes

AiDoge is a presale project, meaning that investors can buy $AI tokens before it lists on a crypto exchange, which is beneficial for investors, considering that the AiDoge presale offers discounted prices. However, as a new altcoin project, investors will need to consider the added risk.

In a nutshell, AiDoge is developing a tool that can create memes from text prompts – the tool is proprietary to the project and is backed by blockchain technology and artificial intelligence. In order to create memes, users need to buy credits. AiDoge only accepts $AI tokens as a payment method, meaning its altcoin has actual utility.

AiDoge presale

Once credits have been obtained, users can type in the meme that they want to create. AiDoge will then create a unique meme with an image, which is owned 100% by the user, with ownership secured on the blockchain, as AiDoge memes are backed by NFTs. What’s more, users can share their memes at the click of a button.

Should a meme go viral on social media, the owner might consider selling it via an NFT marketplace. Another way to earn on AiDoge is by staking AI tokens. This yields free credits, enabling users to create more memes.

AiDoge is also building a public wall that showcases the most popular memes, based on a voting structure via the blockchain, with users able to upvote and downvote the memes and the most popular creations earning $AI tokens as a reward.

We should note that the AiDoge team has decided to remain anonymous. While this might concern some investors, do remember that some of the most successful cryptocurrencies have anonymous founders. This includes Bitcoin and Shiba Inu. Moreover, AiDoge is a brand-new project that is yet to establish itself. As such, nobody can predict whether the project will succeed.

Nonetheless, this also means that AI tokens will have a small market capitalization once listed on a crypto exchange. This offers an attractive upside potential for high-risk, high-return investors. In the meantime, investors can buy AI tokens at a discount via the presale.

Having already raised over $9 million in just three weeks, the AiDoge presale is already trending in the crypto community and is rated as our best crypto ICO.

Currently, AI tokens are available to buy at $0.0000304. But this price increases incrementally as each batch of AI tokens is sold. This enables early investors to secure an upside before the tokens are listed on exchanges.

9. Scorpion Casino – Merging Blockchain with Online Gaming, Raised over $450K

Scorpion Casino combines online gaming, sports betting, and casino fun on a blockchain-backed platform.

Users can play 360+ games, enjoy live sports events, and benefit from in-built fair-play measures, ensuring a trustworthy gaming environment.

The SCORP token, currently available in presale for $0.014 USDT, is central to this platform, which aims to provide passive income and boost engagement. With the listing price set at $0.05 USDT, early buyers can capitalize on the upside potential.

So far, the presale has gathered over $450K, showing substantial market interest in the platform.

Scorpion Casino Presale

The Scorpion Casino ecosystem includes three main elements: the gaming platform, an affiliate rewards system, and the $SCORP token. 

Scorpion Casino is licensed by Curacao EGaming-licensed and offers many games & betting options. The affiliate system promotes user involvement through rewards, while the SCORP token ensures governance and additional benefits for users.

With a total supply of 1 billion, the SCORP token is the primary payment method on the platform. Token owners can anticipate regular bonuses, free games, and a share of transaction taxes, boosting their holdings as platform usage grows. 

Scorpion Casino-Disrupting Gambling Industry

For fairness and more engagement, a significant portion of tokens is set aside for presale and affiliate rewards.

Scorpion Casino plans to develop partnerships, host live affiliate events, and launch marketing campaigns on its roadmap. 

The end-year focus is scaling the platform for substantial growth, reinforcing its mission to revolutionize online gaming and sports betting with a fair, rewarding, and engaging user experience. 

You can enter the Scorpion Casino Telegram Channel to get the latest updates.

10. eTukTuk – Green Crypto Project Offering Affordable EVs That Can Boost Driver Earnings by 4x

Launching as a unique green crypto, eTukTuk, seeks to revolutionize transportation, targeting lower carbon emissions and financial exclusion. The project focuses on shifting traditional TukTuks to a sustainable model using electric power.

This innovative approach combines economic advantages with environmental preservation to lessen carbon emissions and provide an affordable solution to TukTuk drivers in Sri Lanka.

It is preparing to launch its native token, $TUK, currently in the whitelisting phase of its presale.


Backed by The Capital Maharaja Group, a significant Sri Lankan conglomerate, eTukTuk aims to make EVs (Electric Vehicles) and charging stations accessible and affordable to everyday TukTuk operators.

As per the eTukTuk whitepaper, the project plans to establish Electric vehicle supply equipment across Sri Lanka and similar developing countries. This approach aims to decrease dependence on non-renewable energy.

To increase drivers’ earnings by up to 400%, eTukTuk focuses on safe, cost-effective EVs that require less maintenance.


eTukTuk uses digital identities to tackle financial inequality, making financial services more accessible. Its ‘Territory Partners’ idea lets network participants share in its growth and earn rewards.

Additionally, holding $TUK tokens allows users to participate in power staking. By staking these tokens, users support the nodes that maintain the EVs and could achieve a high annual return (APY).

Emphasizing the role of blockchain in driving substantial change, eTukTuk seeks to set a standard for the green transport revolution in developing economies.

To stay updated with the platform’s progress, users can join the eTukTuk Telegram group.

11. DeeLance – Smart Contract-Based Ecosystem for Freelancers  

When exploring what altcoin to buy, DeeLance (DLANCE) is also worth considering. This is one of the best new altcoins that is revolutionizing the global freelancing market. According to some estimates, this market could be worth over $1.3 trillion by 2025. But currently, the freelancing space faces several issues surrounding fees, payments, and transparency.

For example, both clients and freelancers are charged high fees on platforms like Upwork and Fiverr. DeeLance is considerably more cost-effective, with clients paying just 2% and freelancers charged 10%.

Deelance presale

What’s more, DeeLance solves the issue of slow and costly payments – this ensures that payments are released as soon as the freelancer completes the work and, as an ERC-20 token, DLANCE payments take just seconds.

Moreover, freelancers are protected by the DeeLance escrow system. This is because clients pay for the work upfront, with the DLANCE tokens locked in a transparent smart contract.

DeeLance is also building a metaverse that connects freelancers with recruiters. The DeeLance metaverse will support land ownership, enabling users to build and work in virtual offices.

That said, investors should remember that DeeLance is a brand-new project that will compete with established freelancing platforms.

While its blockchain-based ecosystem offers many benefits to both freelancers and recruiters, there is no guarantee it will become a major player in this space.

Nonetheless, DeeLance is currently selling DLANCE tokens via a presale. The current price is just $0.038 per DLANCE.  This will increase by 50% to $0.057 when DLANCE is listed on an exchange, making it one of the best cryptos to buy now.

12. Ethereum – Largest Altcoin by Market Capitalization Serving Thousands of ERC-20 Tokens

Ethereum (ETH) is the biggest altcoin on the market by market cap. Launched in 2015, Ethereum enables developers to create and execute smart contract agreements. In turn, this allows decentralized ecosystems to operate autonomously. Ethereum’s smart contract framework is now used by thousands of other altcoins, known as ERC-20 tokens.

Some of the largest decentralized exchanges are built on Ethereum, making it one of the top altcoin platforms for other projects. This includes Uniswap, SushiSwap, and Yearn.finance – one of the most expensive altcoins in the market.

Ethereum price

Crucially, ERC-20 token ecosystems pay GAS fees in ETH. This means that the demand for ETH increases as more projects are built on its network.

Although ETH currently has a market capitalization of over $200 billion, there is still plenty of upside available and many projects continue to see ETH as the go-to destination to build decentralized apps (dApps). Sshould ETH return to its former all-time high of almost $5,000, this would yield an upside of over 170% from current prices.

Cryptoassets are a highly volatile unregulated investment product.

13. Ripple (XRP) – Fast, Cheap, and Scalable Cross-Border Transactions for Banks and Financial Institutions 

Ripple (XRP) was launched in 2012, making it one of the oldest and most popular altcoins in the market. The project has built a blockchain-based network that supports cross-border transactions. Its innovative technology is already being used or trialed by hundreds of banks and financial institutions. This is because Ripple transactions are a lot more efficient when compared to legacy networks.

For example, suppose a manufacturer in Kenya wants to transfer funds to a supplier in Brazil. This cross-currency transaction would not only take several days to process but will attract unfavorable fees. This is especially the case considering that correspondent banks would be required to execute the transaction.

XRP price today

In contrast, the same transaction on the Ripple network would take under five seconds at a cost of just 0.00001 XRP. Based on current XRP prices, this amounts to just $0.0000045. XRP enables investors to gain exposure to Ripple’s cross-border network.

Currently, XRP is trading at under $0.50. Should it return to its former high of $3.84, that’s an upside of over 660%. Much of its future potential is also reliant on an ongoing court case against the SEC, with a win expected to send the price skyrocketing.

Cryptoassets are a highly volatile unregulated investment product.

14. Arbitrum – Layer 2 Solution for More Scalable and Cost-Effective ERC-20 Token Transactions

Arbitrum (ARB) is one of the best altcoins to buy for long-term potential. This is a layer 2 solution for the Ethereum ecosystem. Put simply, ERC-20 tokens can bridge to Arbitrum to benefit from more efficient transactions. This is especially the case in terms of scalability. Currently, Ethereum can process 29-30 transactions per second.

In comparison, Arbitrum can handle up to 40,000 per transaction. Arbitrum is also significantly more cost-effective than Ethereum.  For example, ERC-20 GAS fees currently average $4.64. But this often surpasses $10 when the network is busy. Arbitrum transactions currently average just $0.0077.

Arbitrum price

The efficiencies of Arbitrum will appeal to ERC-20 projects requiring a high transaction output. This includes decentralized finance platforms and exchanges, as well as NFT marketplaces. Over 220 ERC-20 tokens have already bridged to Arbitrum. To gain exposure to this project, investors can buy ARB tokens.

Cryptoassets are a highly volatile unregulated investment product.

Dogecoin (DOGE) is one of the best meme coins in the market, with a current valuation of over $10 billion. It has several million token holders, making Dogecoin one of the most popular cryptocurrencies globally. It is also one of the most established altcoins, with Dogecoin first entering the market in 2013.

Dogecoin claims to be the ideal cryptocurrency for global payments. Its network processes transactions faster and cheaper than Bitcoin. Dogecoin is also more scalable. That said, Dogecoin is still considered a speculative meme coin with limited utility. Moreover, there are more efficient alternatives to Dogecoin, including Solana, Cardano, and Arbitrum.

Dogecoin price today

Nonetheless, Dogecoin is one of the best altcoins to watch in the current bear market. Those investing in Dogecoin today will pay just $0.07. At its peak in 2021, Dogecoin was trading at $0.74. While there are no guarantees that Dogecoin will regain its former all-time high, current prices offer a discounted entry price of 90%.

Wondering where to buy altcoins like Dogecoin? Here’s a step-by-step guide on how to buy Dogecoin on eToro from just $10.

Cryptoassets are a highly volatile unregulated investment product.

16. Uniswap – Decentralized Exchange Supporting Trading, Lending, and Borrowing  

Uniswap is one of the best altcoins to invest in for exposure to decentralized trading. Launched in 2020, Uniswap enables traders to swap cryptocurrencies without a third party. It uses an automated market maker (AMM) protocol for this purpose. In simple terms, the AMM uses liquidity pools containing two different tokens.

For example, an ETH/USDT pool would enable users to swap these tokens instantly without requiring a seller. Uniswap pools are funded by investors looking to earn passive income. Investors receive a share of the trading fees collected by the pool. What’s more, investors can withdraw their tokens from a Uniswap pool at any time.

Uniswap chart

Uniswap also has its own altcoin, UNI. This is a governance token that also trades on crypto exchanges. As such, those buying UNI tokens can gain exposure to the project. Uniswap currently has a market capitalization of $3 billion, pricing UNI tokens at just $5. During the prior bull market, UNI tokens were valued at over $40.

Cryptoassets are a highly volatile unregulated investment product.

What are Altcoins?

Alternative coins, or simply ‘altcoins’, refers to all cryptocurrencies other than Bitcoin. This means that there are over 24,000 altcoins to choose from. Currently, the cryptocurrency industry has a market capitalization of over $1 trillion. Of this figure, approximately 54% is attributed to altcoins.

In many cases, investors buy altcoins to diversify away from Bitcoin. Moreover, many altcoins have a small market capitalization. This presents an opportunity to target a higher upside. New altcoins enter the market daily, most offering early investors a discounted price via a presale campaign.

Altcoins by market cap

This includes the likes of Bitcoin ETF Token, Wall Street Memes, Thug Life, and yPredict. Presales are particularly attractive for growth investors, as these projects enter the market with a small valuation. Over time, it is hoped that the value of the altcoin will appreciate. Ethereum is a great example of this. Ethereum’s presale priced ETH at just $0.31. ETH has since hit highs of almost $5,000.

That said, it is important to remember that Bitcoin sentiment dominates the altcoin market. This means that when Bitcoin is bullish, the altcoin market follows suit. And vice-versa when Bitcoin is bearish. However, this isn’t a blanket rule. Instead, many altcoins perform well even when the broader markets are down.

Is Investing in Altcoins Worth It?

Many altcoins have produced unprecedented returns since they entered the market. Ethereum, for example, has increased in value by over 1 million percent since its 2014 presale. That said, there are also many examples of altcoins that have lost significant value. As such, investors should consider the risk of financial loss before investing in altcoins.

Now let’s take a deeper dive into the investment thesis of altcoins.


Many investors buy altcoins as part of a diversification strategy. This means that the investor will add many different altcoins to their portfolio. Considering there are thousands of options in the market, this makes altcoins ideal for this purpose.

  • A well-diversified portfolio will contain altcoins from various niches
  • To ensure a balanced and risk-averse approach, investors will often allocate funds to more established altcoins too.
  • This might include large-cap altcoins like Ethereum, XRP, and Dogecoin.

Creating a diversified altcoin portfolio ensures that investors are not overexposed to a single cryptocurrency.

Higher Returns 

While Bitcoin is the largest and de-facto cryptocurrency, altcoins offer the chance to make higher returns. This is because altcoins have a smaller market capitalization than Bitcoin, offering greater upside potential.

  • For example, Arbitrum currently has a market capitalization of $1.5 billion.
  • This amounts to under 1% of Bitcoin’s valuation.
  • As such, those buying ARB tokens can target a much higher upside in the coming years.

Some of the best new altcoins and upcoming altcoins discussed today have a significantly smaller market capitalization.

This is because small-cap cryptocurrencies have a low market depth due to reduced liquidity. Meaning, that low-cap altcoins can increase a lot faster than those with a large valuation.

New Concepts From the Ground Up 

Some of the best altcoins for 2023 are developing innovative concepts that offer real-world solutions to existing problems.

  • For example, Arbitrum has developed a layer 2 solution for the Ethereum blockchain.
  • More than 220 ERC-20 tokens have bridged to Arbitrum, meaning faster, cheaper, and more scalable transactions.
  • Those buying ARB tokens will gain exposure to the growth of Arbitrum.


  • Ecoterra has developed a recycle-to-earn concept.
  • As the name implies, this rewards people that recycle their consumed or unwanted goods.
  • Rewards are paid in ECOTERRA tokens, which have plenty of use cases.
  • For instance, ECOTERRA can be used to buy tokenized carbon credits, eco-friendly products, or recycled raw materials.

The key point here is that altcoins offer exposure to new concepts from the ground up. This is especially the case when investing in altcoin presales, as the tokens will have yet to be listed on exchanges.

Bear Market Discounts 

During bear markets, most cryptocurrencies lose value. However, when compared to Bitcoin, altcoins generally decline by a greater amount. Some altcoin investors view this as a benefit. This is because investors can top up altcoins for 2023 at a huge discount.

Uniswap market cap chart

For example, we mentioned that Dogecoin is trading 90% below its bear market peak. Similarly, Uniswap is trading at an 88% discount from its former highs. Discounts of this nature offer an attractive entry point. The hope is that the purchased altcoins will return to their prior all-time highs during the next bull run.

Investors should remember that there are no guarantees that this will be the case. Moreover, there is no certainty that the cryptocurrency markets will ever return to their former highs.

How Many Altcoins Are There?

According to CoinMarketCap, there are over 24,000 altcoins to watch in the market today. Once again, this covers every cryptocurrency apart from Bitcoin. The altcoin market has grown considerably in recent years. Not only in terms of the number of altcoins but the broader market value.

Total Cryptocurrency Market Capitalization (Excluding Bitcoin)

For example, in 2013, the total altcoin market was worth just $91 million. At its peak in 2021, the altcoin market was valued at over $1.2 trillion. Due to bear market conditions, the altcoin market is currently worth $600 billion. Nonetheless, when compared to 2013 levels, this represents growth of over 6,000x.

How to Find the Best Altcoins to Invest in?

With over 24,000 tokens to choose from, finding the next big altcoin can be difficult. Here are some tips on how to find the best altcoins with the most potential:

Quality Presales

A good starting point is to look for new altcoin presales. Upconing altcoins enable investors to buy new crypto tokens at a discount before they are listed on crypto exchanges.

As noted earlier, the Ethereum price priced ETH tokens at just $0.31. At its peak in 2021, ETH was trading at almost $5,000.

Large-Cap Altcoins at a Discount

Another way to find the best altcoin investments is to focus on large-cap projects trading at a bear market discount. Large-cap altcoins come with reduced risks when compared to presales.

This is because large-cap altcoins are usually well-established. Currently, the most popular altcoins, including Dogecoin, Uniswap, XRP, and Arbitrum, are trading at huge bear market discounts.

Some of the best altcoins to buy are those that are trending online – this is because trending coins often create FOMO (Fear of Missing Out).

This is an emotional investment strategy, meaning people buy an altcoin because they don’t want to miss out on a potential windfall. A good example of this is Dogecoin.

When Elon Musk began tweeting about Dogecoin in early 2021, this created a sudden wave of buying pressure. So much so that Dogecoin generated returns of over 14,000% in the first five months of 2021.

One of the best ways to find trending altcoins is on social media. In addition to Twitter, Reddit is also a good source. There are many altcoin-related forums on Reddit that offer insight into the most trending cryptocurrencies to watch.


Another way to find the best altcoins to invest in is via CoinMarketCap. This platform is the gold standard for crypto data aggregation, enabling investors to source altcoin investment ideas.

For example, CoinMarketCap has a dedicated page for trending cryptocurrencies. This is updated in real-time and is based on various metrics. This includes the number of people searching for a specific altcoin and recent trading volumes.

What Are The Trending Cryptocurrencies On CoinMarketCap?

CoinMarketCap also enables users to sort altcoins by their recent pricing performance. This enables users to view the best-performing altcoins over the prior hour, day, or week.

Best Place to Buy Altcoins to Invest in 2024

Investors are able to buy the top altcoins in a variety of ways, often depending on which stage of their development they are in.

For example, many of the best upcoming altcoins listed above are in their crypto ICO or presale stage, meaning they cannot be purchased on crypto exchanges or with brokers and instead need to be bought directly on the project’s website.

Eventually, they will be listed on a variety of the best altcoin exchanges, just like the most popular altcoins in our list already are.

We rate eToro as the best altcoin trading platform, as it is a popular and highly-trusted broker that is heavily regulated in a variety of nations, including with with FINRA (US), ASIC (Australia), FCA (UK), and CySEC (Cyprus), with 30 million global customers.

The altcoin platform supports Bitcoin and a number of other top altcoins – more than 90 in total including ETH, BNB, XRP and ADA – as well as other financial instruments such as stocks and ETFs, with low and transparent fees.

It also has a smooth user experience and has features such as copy trading, although seasoned traders may prefer other platforms as it only offers limited trading tools. Some products, such as forex, commodities and indices, are not available in the US as they are traded as contracts-for-differences.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Altcoins

Below we outline how to buy the most popular altcoins and the best new altcoin projects while on presale:

How to Buy Altcoins with eToro – Quick Guide

Follow these quick steps to purchase ETH, XRP or other popular altcoins in the market with eToro:

  • Step 1 – Create an eToro account: Visit the eToro homepage or download the mobile app on Android/iOS and open a free account.
  • Step 2 – Verify account: To use an account you need to complete Know-Your-Customer (KYC) verification, which includes uploading proof of ID (eg. driving licence) and proof of address (eg. bank statement)
  • Step 3 – Deposit funds: Next, deposit at least $10 (or equivalent) into the eToro trading account. This can be done with a debit/credit card, bank transfer or e-Wallet such as PayPal.
  • Step 4 – Search for altcoins: Type the name or ticker symbol (eg. ETH) into the search bar and then click the ‘Trade’ button.
  • Step 5 – Buy crypto: In the order box that appears, enter the desired amount to purchase (min. $10) and click ‘Open Trade’.

For more detailed instructions, read our full article on how to buy Bitcoin with eToro.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Altcoins on Presale – Quick Guide

Follow these quick steps to purchase altcoins still on presale. We will use trending crypto Bitcoin ETF Token’s $BTCETF tokens as an example but the instructions will be suitable for the majority of altcoins:

  • Step 1 – Download a crypto wallet: Investors will first need to download a crypto wallet such as MetaMask or Trust Wallet to hold their crypto tokens
  • Step 2 – Purchase ETH, USDT or BNB: Next investors need to purchase one of these top altcoins mentioned, which can later be converted to $BTCETF tokens. A debit/credit card can also be used directly to buy $BTCETF, but fees will be much higher.
  • Step 3 – Load wallet with tokens: ETH, USDT or BNB can all be purchased directly on MetaMask, or transferred from another altcoin exchange or altcoin platform. ETH is preferred as some will be needed to cover the gas (transaction) fee later.
  • Step 4 – Connect wallet: Head to the Bitcoin ETF Token website and select ‘Buy Now’ to connect with the presale platform by entering your password and signing on
  • Step 5 – Buy $BTCETF tokens: Once connected, select which crypto you wish to use to convert into $BTCETF and fill out the order box.
  • Step 6 – Pay Gas Fees: Complete the order and then confirm the transaction by accepting the gas fee. The transaction will take a minute or two to be confirmed.
  • Step 7 – Claim $BTCETF tokens: Tokens will not immediately appear in the crypto wallet but will be stored on the website. They can be claimed once the presale ends.

What is the Best Long Term Altcoin?

Many of the projects outlined in our altcoin list above should be considered long-term picks.

The list is a mix of new altcoins that offer exciting potential with novel Web3 concepts, while others are long-established projects that have proven to be some of the most popular altcoins to buy for many years.

We would recommend Bitcoin ETF Token as the best long-term altcoin as it offers huge room for growth in the meantime, especially given the recent buzz around Bitcoin ETFs.

We have included a guide on how to purchase them above.

Best Altcoin Pick For Investment Purpose

Ethereum, for example, is far and away the most popular altcoin to buy right now, trailing only Bitcoin by market cap. ETH has a market cap of around $220 billion, bigger than the rest of the top 15 projects by market cap combined.

According to DefiLlama, it is also far and away the most popular blockchain for other crypto projects, with more than $27 billion TVL (total value locked) – the value of other projects built on it – more than double its nearest rival.

Uniswap is one of the most popular decentralized exchanges in the market – a platform that allows investors to purchase new altcoins when they are released.

As outlined above, upcoming altcoins and presale projects must be purchased on their presale platforms, while top altcoins can be bought on eToro.

Things to Consider When Trading Altcoins

Altcoins are one of the highest-risk asset classes in the market. On the one hand, some altcoins have made life-changing returns for those investing at the right time. But equally, many altcoin investors have lost considerable amounts of money. It’s also wise to avoid altcoin price predictions, as these rarely come to fruition.

In this section, we discuss some of the risks and considerations that need to be made before investing in  altcoins.

Bitcoin Dominance 

Investors should consider that the broader altcoin markets are often dictated by the performance of Bitcoin.

History suggests that when Bitcoin performs well, so does the altcoin market. But when the value of Bitcoin declines, this often brings altcoins down with it.

As such, no matter how innovative the chosen altcoin appears, growth can be hindered when Bitcoin sentiment is bearish. That said, many altcoins have performed well during bear markets.

For example, in late 2022, the play-to-earn project Tamadoge generated gains of 1,900% after its presale campaign. Similarly, the trending meme coin Pepe has generated gains of over 2,800% since its April 2023 launch.

Project Failure 

In reality, the vast majority of crypto tokens and even the top altcoins will never live up to the hype. After all, there are over 24,000 altcoins in the market and only so much liquidity available.

Moreover, many altcoin projects fail to meet their roadmap targets. This is often because the project runs out of operating capital. Nonetheless, when altcoin projects fail, this leaves investors with worthless tokens.

  • The best way to mitigate these risks is through diversification.
  • First, investors should consider allocating their funds to many different altcoins. This could be in addition to Bitcoin.
  • Moreover, investors should also consider allocating funds to asset classes unrelated to cryptocurrency. For instance, stocks, bonds, or commodities.

Ultimately, investors should avoid putting all of their eggs into one basket.

Altcoin Season 

Investors should also become well-versed with the term ‘altcoin season’. Put simply, this refers to a prolonged market cycle when the broader altcoin market outperforms Bitcoin. This is usually because Bitcoin holders sell their tokens to invest in top altcoins.

Those holding altcoins during this period will often witness significant gains. One of the most lucrative altcoin seasons occurred in 2021. During this period, many altcoins witnessed gains of several thousand percent.

Some websites offer an altcoin season index. This predicts whether the markets are closer to a Bitcoin or altcoin season based on historical and current pricing trends.

To maximize returns during altcoin season, investors will look to buy tokens before it begins. This often means buying cheap altcoins during a bear market in anticipation of the next bull.

Final Thoughts

In summary, navigating the altcoin markets can be challenging. This is especially the case considering that over 24,000 altcoins now exist. Investors searching for the top altcoins should remember to diversify and conduct plenty of research.

Overall, we have picked Bitcoin ETF Token as the best altcoin to buy. This project, focusing on community, has a unique token-burning strategy that’s linked to the progress of the Bitcoin ETF approval.

Bitcoin ETF Token is currently offering its native altcoin, $BTCETF, at presale prices and has already been a huge success, with over $500K raised in just a week since it launched.


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Kane Pepi Financial Writer Expert

Kane Pepi Financial Writer Expert

Kane Pepi is a hugely experienced finance writer, with over 2,000 published articles covering everything from the top trending crypto coins to how to buy stocks.

Present research interests include the money laundering threats found within the virtual currency arena. This includes knowledge of blockchain technology, cryptocurrencies, consensus models, mining capabilities, the strengths and weaknesses of initial coin offerings (ICOs) and virtual regulation.

Kane holds a Bachelor's Degree in Finance and a Master’s Degree in Financial Crime. He has now begun his Doctorate journey.