12 Most Popular Cryptocurrencies To Watch in December 2024

The world of cryptocurrency is a fast-moving and ever-evolving space, with new trends, technologies, and opportunities emerging every day. One popular strategy that is used by investors to increase their chances of seeing returns is to invest in the top cryptocurrencies.

Popular cryptos present a sound investment opportunity because they usually have positive market sentiment, a good online presence, an active community of supporters and strong fundamentals.

In this article, we will reveal the top 12 popular cryptos to consider in 2024. We will also take a look at how to find popular cryptos so that you can manage your portfolio and keep up with market trends.

Green Bitcoin (GBTC)

• Earn passive rewards through gamified staking
• The sustainable version of Bitcoin built on Ethereum
• Invest at a discounted price during the presale event to maximize returns

Project Launched

February 2024

Purchase Methods

• 
  ETH
• 
  USDT

Visit now

Scotty The AI (SCOTTY)

• The latest AI based crypto project that will transform the security of the blockchain space
• Early presale investors will receive guaranteed returns
• Stake SCOTTY to receive passive rewards

Project Launched

February 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Debit

Visit now

Smog Coin (SMOG)

• Buy and hold to take part in the biggest Solana airdrop event
• The next meme coin to explode
• SMOG is set to be the biggest Solana token in 2024

Project Launched

February 2024

Purchase Methods

• 
  USDT
• 
  Solana

Visit now

Sponge V2 ($SPONGEV2)

• $SPONGEV2 tokens can only be obtained by staking $SPONGE
• Stake your Sponge V1 tokens to recieve a V2 token bonus
• Earn more crypto with the SPONGE P2E game

Project Launched

December 2023

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Debit

Visit now

eTukTuk ($TUK)

• Invest in the newest sustainable cryptocurrency
• $TUK tokens can be staked for passive rewards
• The eTukTuk project helps to develop sustainable initiatives for a greener future

Project Launched

January 2024

Purchase Methods

• 
  BNB
• 
  USDT
• 
  Debit

Visit now

Frog Wif Hat (FWIF)

• Invest in the next meme coin to explode
• Launched straight to DEX for fair participation
• Low entry point for early investors

Project Launched

February 2024

Purchase Methods

• 
  ETH
• 
  USDT

Visit now

Meme Kombat ($MK)

• A meme token with real utility
• Maximize your initial investment with competitive staking rewards
• Win crypto by correctly betting on the outcome of meme-based battles

Project Launched

September 2023

Purchase Methods

• 
  ETH
• 
  BNB
• 
  USDT

Visit now

Bitcoin Minetrix ($BTCMTX)

• Revolutionizes Bitcoin mining with an innovative stake-to-mine model
• Allows all crypto investors to earn passive BTC rewards
• A transparent and fair Bitcoin mining system that is accessible to anyone

Project Launched

September 2023

Purchase Methods

• 
  ETH
• 
  BNB
• 
  USDT
• 
  Matic
• 
  Debit
• +2 more

Visit now

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

What Are Popular Cryptocurrencies?

Popular cryptos are digital assets that have a high demand from investors. These tokens are sought after due to factors including price potential, use cases, social media hype and participation incentives.

Popular tokens are considered to be more stable than lesser-known projects. This is because trending tokens have a steady demand which reduces the chances of a sudden price drop.

Never the less, the demand for popular cryptos can be effected by market sentiment and crypto news which means investing comes with risk.

How to know if a cryptocurrency is popular

For a crypto to be classed as popular, there must be clear investor interest. Here are a few factors that signify the popularity of a cryptocurrency.

✔️ Market capitalization

The most popular cryptos have high market capitalization, which can be viewed on platforms such as Coinmarketcap.

Market cap is a figure that reflects the total value of a cryptocurrency. It is calculated by multiplying the number of tokens in circulation by the price of each token. High market cap coins typically have a higher price per token. However, penny cryptos can also have a high market cap if there are enough coins in circulation.

The higher the market capitalization of a token, the more dominant it is considered to be in the market. Therefore, high market cap tokens often receive a strong demand from investors.

✔️ Trading volume

A substantial trading volume serves as an indicator of vibrant market participation and heightened enthusiasm surrounding a particular cryptocurrency.

You can view a token’s trading volume by looking at the live price chart. Most charting tools will provide information around the token’s 24 hour trading volume.

It is also helpful to look at the weekly and monthly trading volume to understand whether the token has sustained high volume for a substantial period of time.

✔️ Online search interest

The frequency with which a cryptocurrency is searched for online offers a momentary glimpse into the level of public curiosity and attention it commands.

You can use tools such as Google trends to find what tokens people are searching for and whether or not these trends are flukes or substantial market indicators.

If you notice that searches for a coin have been high for some time, this may indicate that the token is popular amongst investors.

✔️ Coverage in Cryptocurrency News

The most popular cryptocurrency projects are covered by news outlets to ensure that they are providing the most relevant information to readers.

If an online news publication covers a particular token heavily, this could be a sign of peaked interest.

However, it is important to be aware of paid-for coverage that is used by new projects to promote crypto presales and upcoming icos. We recommend using reputable news sites when looking for potential cryptocurrency investments.

Top 10 Popular Crypto Assets Reviewed

Before making any investment decisions, it is wise to conduct thorough research into various new crypto projects, Below is a closer look at each of the top trending crypto mentioned above.

1. Sponge Token V2 (SPONGEV2) – Top meme cryptocurrency that has a huge social media presence

One of the defining features of a popular crypto in 2024 is the project’s social media presence. SPONGE token is a meme coin that took the internet by storm in 2023 and managed to pump 340% in 2023. The team drove value to the project through clever social media marketing which increased hype around the project as well as a sense of FOMO.

After the success of the V1 token, the development team have announced the migration to Sponge Token V2 – a second version of the meme coin that will bring utility to the ecosystem.

Sponge V2 Token will enable staking as well as participation in an upcoming P2E game that will reward players with crypto. The team hope to recreate the success of the V1 launch and will do this through similar marketing efforts as well as a staking mechanism that will prevent sell-offs.

Unlike the original coin, Sponge V2 Token has real-life use cases which make it an attractive investment. SPONGEV2 can be staked for passive rewards or used to access the Sponge Token play-to-earn game.

You cannot buy V2 Sponge tokens directly. Instead, you must earn them by investing in SPONGE and staking your tokens for V2 rewards. The V2 tokens will be released over a period of 4 years before being launched on tier 1 exchanges.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

2. Bitcoin Minetrix (BTCMTX) – The first stake-to-mine project that rewards investors with BTC

Bitcoin Minetrix is the first stake-to-mine crypto project that makes it possible for anyone to mine Bitcoin tokens. The goal of the platform is to democratize Bitcoin cloud mining to address issues that currently persist in the space.

This includes making sure that rewards are fair, removing the intervention of a third-party, and reducing confusing processes to keep the system accessible.

The project’s presale was launched in September 2023 and attracted the attention of investors who wanted to fill their bags with Bitcoin before the upcoming halving. The having is set to take place in April which leaves only a few months to mine BTC tokens before their value potentially increases.

https://www.youtube.com/watch?v=XHaA9z4RwEY

You can buy BTCMTX on the official website and start staking your tokens for cloud mining credits today.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

3. eTukTuk – sets a new standards in electric vehicle production

In the electric vehicle revolution, eTukTuk is pioneering in the developing world by introducing a range of affordable EV solutions for the region.

This popular cryptocurrency project had developed a groundbreaking three-wheeled electric vehicle to promote the transition from polluting tuk-tuks to the electric eTukTuk.

In addition, it plans to set up a network of charging stations to ensure accessibility for charging electric vehicles.

The presale of its native token $TUK has begun.

eTukTuk seeks to change dynamics through its affordable EV solutions. Investors can invest $TUK to participate in the AI-integrated e-mobility transformation.

Research has shown that tuk-tuks emit more carbon dioxide than conventional cars – making them a source of global air pollution. eTukTuk is the latest innovation to combat this problem with its groundbreaking three-wheeled zero-emission vehicle.

The eTukTuk sets a new standard in electric vehicle production as it enables local manufacturing, reducing vehicle production costs.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

4. Bitcoin (BTC) – The world’s largest cryptocurrency by market capitalization

Bitcoin is the pioneering cryptocurrency, often referred to as digital gold. It was the first cryptocurrency created and remains the most well-known and valuable.

Bitcoin facilitates direct peer-to-peer transactions, operates on a decentralized network, and has maintained its position as the leader in the cryptocurrency space due to its scarcity, enduring value, and significant influence on the development of cryptocurrencies as a whole.

Bitcoin is considered to be one of the best cryptos to invest in long term. This is because BTC is a hedge against inflation and can be used to store wealth over time.

Furthermore, experts believe that BTC is still hugely undervalued, with the next Bitcoin halving round set to occur in 2024. When halving happens, the price of BTC is likely to go up.

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.

5. Tether (USDT) – Popular stablecoin to consider in 2024

USDT, or Tether, is a stablecoin that’s pegged to the US Dollar. It was created to provide stability in the volatile cryptocurrency market by maintaining a 1:1 value ratio with the USD.

USDT’s peg to the US Dollar addresses common concerns related to price fluctuations, which may be alleviated for traders by managing risks.

This stablecoin provides a bridge between the digital and fiat realms, allowing users to hold a stable representation of value. This offers traders, merchants and funds a low-volatility solution when exiting positions in the market.

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.

6. Ethereum (ETH) – Second largest token in the cryptocurrency market

Ethereum (ETH) is the native cryptocurrency of the Ethereum blockchain and the second largest crypto by market cap.

Within the Ethereum ecosystem, its purpose is to function as a utility token, enabling transactions and smart contract executions. Its smart contract capabilities revolutionize contracts by automating terms through code, allowing diverse decentralized applications on its network.

Ethereum’s adaptability goes beyond a means of payment, empowering developers to craft decentralized apps across sectors.

ETH may be used to pay for gas fees, secure the network through mining, and participate in various decentralized applications and financial services. It has gained a reputation for being a foundational element of the broader blockchain and cryptocurrency space and is considered a store of value and investment due to its appreciating worth.

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.

7. Binance Coin (BNB) – Native token of the most popular cryptocurrency exchange

Binance Coin is the native cryptocurrency of the Binance exchange, one of the largest cryptocurrency exchanges that is sued around the world. BNB is used by traders to lower exchange fees and earn rewards from staking.

One of BNB’s utilities is providing trading fee discounts on the Binance platform. When users pay their trading fees with BNB, they often receive a significant discount compared to using other cryptocurrencies or traditional payment methods. BNB also allows users to participate in token sales on the Binance Launchpad.

The Launchpad is a platform for new cryptocurrency projects to raise funds by selling tokens directly to the public. BNB holders can use their coins to purchase these new tokens during such sales.

Binance Coin’s multiple utilities within the Binance ecosystem make it an attractive investment opportunity. The token’s use cases mean that sell-offs are unlikely and demand for the asset will remain strong long-term.

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.

8. Ripple (XRP) – Most popular blockchain technology token that is currently undervalued

Ripple (XRP) is a cryptocurrency and digital payment protocol that focuses on efficient cross-border payments using blockchain technology.

The Ripple blockchain is considered to be one of the most efficient options available due to it’s fast speeds and low costs. The network is powered by the native XRP token, which is used to pay for fees and execute transactions.

Unlike typical cryptocurrencies, XRP employs a consensus protocol for verification, allowing users to select trusted validators. This ensures speedy and secure transaction validation, setting it apart from cryptocurrencies like Bitcoin.

XRP is considered to be one of the best crypto investment opportunities in 2024 due to the fact that the token is currently very undervalued. This is due to the fact that Ripple Labs recently won a case against the SEC.

During the trial, the value of the token dropped alongside investor uncertainty. However, the recent victory has led many to believe that the value of the token will increase to reach it’s previous ATH. 

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.

9. Dogecoin (DOGE) – Top trending meme coin that has a history of providing returns to investors

Dogecoin (DOGE) was created in 2011 as a joke to troll the crypto market. The idea was to create a ‘pointless’ currency that would gain value from hype and community support to poke fun at the efforts of projects such as Bitcoin and Ether.

Unlike utility projects, Dogecoin has an intentionally inflationary supply. 10,000 new tokens are mined every minute. Furthermore, the coin has no real use cases.

Unlike Bitcoin, which was designed to be scarce, Dogecoin is intentionally abundant, with 10,000 new coins mined every minute and no maximum supply. Abundance is a key part of the idea—Dogecoin (pronounced “dohj coin”) was created as a funny, low-stakes Bitcoin alternative.

This cryptocurrency operates on a distinct blockchain, facilitating secure transactions through cryptography. The proof-of-work consensus requires miners to solve complex puzzles for transaction processing, which is beneficial to users as it helps them earn extra Dogecoin. While suitable for transactions, Dogecoin lacks a supply cap, making it less stable as a store of value.

It should also be noted here that meme coins are highly volatile. It is very common to see huge spikes and dips on price charts, making it difficult to predict future price movement.

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.

10. Bitcoin Cash (BCH) – The leading digital payments system and Bitcoin fork that falls into the top 20 market cap

Bitcoin Cash is a fork of Bitcoin that is used as a global payments system. The token was created to support a higher number of transactions per block, which speeds up the process of using digital currencies as payment.

BCH improves the process of using Bitcoin for payments which means that it could play a pivotal role when mass adoption occurs.

Bitcoin Cash isa popular cryptocurrency to buy due to its strong use cases and market capitalization of $4.6 billion. The token currently ranks number 20 by market cap.

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.

11. USD Coin (USDC) – A regulated stable coin that is pegged to the dollar

USDC is another stable coin that ranks number 7 by market cap. The token is a popular investment option in 2024 due to the fact that it offers stability, access to digital payments and access to d’apps.

Adding stablecoins to your portfolio is a good way to diversify against less stable assets and store value. It is also a good way to ensure that you are able to access d’apps.

USDC differs from USDT because it is built on a different blockchain. USDC is also regulated and subject to central authority. The asset also complies with anti-money laundering policy.

Furthermore, USDC is fully collateralized whereas USDT is only partially collateralized by a mixture of cash, loans and assets.

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.

Why Invest in Popular Crypto Assets?

Investing in popular crypto coins is a good way to ensure that the tokens in your portfolio have a strong demand. This will reduce the chances of the tokens suddenly losing value which will minimize risk.

Buying popular cryptos is also a good way to access the wider DeFi space. The most popular cryptos can be used as payment on blockchain network which means that holders are able to participate in crypto games, crypto casinos, exchanges and other other decentralized applications.

Final Verdict

Investing in the most popular cryptos is a good way to build a diverse portfolio that could appreciate over time. Many top tokens have positive price predictions for 2024 and present excellent opportunities for investors who are looking to take advantage of the upcoming bull run.

In this article, we have taken a look at 12 popular cryptos that are worth considering this year. Our list includes a selection of tokens with unique utility, high market capitalization and strong community support.

The most popular token to buy right now is Sponge V2 Token which has made waves on social media. You can invest in the meme coin by going to the official Sponge Token website and connecting your crypto wallet.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

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