As 2023 ended, many crypto investors took stock of their profits and losses within the year. However, smart traders started positioning themselves to benefit from crypto growth in 2024. Read on to learn more!
Crypto Assets with the Biggest Growth Potential
As you already know, crypto is a volatile asset that can fluctuate between growth and decline. Given this, it is difficult to identify which crypto project will grow and return to profit in 2024. In this article, we've done the heavy lifting by undergoing extensive research to determine the top 10 cryptocurrencies with high growth potential in 2024.
Most coins mentioned in this article can be used for payment in various online casinos where you can get a free $100 casino chip no deposit or other perks, and at any crypto-friendly sites around the globe. Below, we listed cryptocurrencies that have a high potential to give you profit.
Bitcoin (BTC)
Bitcoin is widely regarded as the gold equivalent of cryptocurrencies. It was launched by Satoshi Nakamoto in 2009 and has since maintained its position as the most valuable crypto in the world.
Bitcoin started 2023 with a value of just over $16,000. However, it has seen a growth of over 160% in 2023 and is now valued at over $42,026 as of January 2024.
Perhaps the only drawback of investing in Bitcoin is the high price value needed to buy the token. Otherwise, BTC is a crypto that investors will want to invest in.
- Market Cap: $865B (approx)
- Circulating supply: 19,575,556 BTC (approx)
- Max supply: 21,000,000 BTC
Cardano (ADA)
The cryptocurrency, which operated under a proof-of-stake blockchain network, started the year at a price value of $0.5. Experts are backing the token to continue its bullish run during 2024.
- Market cap: $856B (approx)
- Circulating supply: 36B ADA (approx)
- Max supply: 45B ADA
Solana (SOL)
The Solana blockchain is a thriving proof-of-stake mechanism whose DEX trading volume is at par with industry giants like Ethereum.
It is also worth noting that SOL gained up to 500% in price value in 2023 alone. Sitting at the average price value of $80, we believe the SOL token still has a lot of room for growth. As such, it has growth potential in 2024.
- Market cap: $34B (approx)
- Circulating supply: 427M SOL (approx)
- Max Supply: infinity
Hedera (HBAR)
After experiencing varying price fluctuations in the later stages of Q3 of 2023, Hedera has maintained a steady upward trajectory in the crypto market. Our latest Hedera Price prediction for 2024 shows that HBAR should vary between $0.11 and $0.074.
The Hedera token shows the potential to surpass the $1 threshold and beyond in 2024. The following are additional info on HBAR:
- Market cap: $3B (approx)
- Circulating supply: 33B HBAR (approx)
- Max supply: 50B HBAR
Render (RNDR)
Render is an Ethereum-based protocol that provides the GPU needed to build blockchain products such as 3D web3 casino games.
The performance of the RNDR token in the crypto market is rather impressive. In 2023 alone, RNDR gained over 900% in value. The token's continued upward trajectory – especially in Q4 of 2023 – has raised its potential for more growth in 2024. See more RNDR information below:
- Market cap: $1.6B (approx)
- Circulating supply: 371M RNDR (approx)
- Max supply: 536M RNDR
Stacks (STX)
Stacks is an intelligent contract protocol on the Bitcoin network used as an asset to settle transactions on the blockchain.
Having gained over 500% in the last 90 days, the STX token is experiencing massive growth, which can potentially see it surpass its all-time price peak of $3.4 in 2024. Now may be a good time to buy and position yourself for the projected growth of STX.
- Market Cap: $2B (approx)
- Circulating supply: 1.4B STX (approx)
- Max supply: 1.8B STX
Ethereum (ETH)
As an open-source, decentralized blockchain, the Ethereum network prides itself as one of the most established blockchains in the world. Ether (ETH), the native cryptocurrency of the Ethereum network, is also one of the most valuable tokens in the crypto market.
With an average growth of 30% in Q4 of 2023 and an overall growth of 84% in the past year, ETH has shown potential for more growth in 2024.
- Market cap: $260B (approx)
- Circulating supply: 118M ETH (approx)
- Max supply: Infinity
Avalanche (AVAX)
Avalanche is a layer-1 blockchain for decentralized applications (dApps) and other blockchain networks. According to the bull metric from our research analysis, the AVAX cryptocurrency has recently become one of the best crypto to invest in 2024.
The end-of-the-year bull run has seen AVAX gain over 110% in price value within a month. Experts expect the token to continue its growth projection in 2024. See more information below:
- Market cap: $16B (approx)
- Circulating supply: 365M AVAX (approx)
- Max supply: 720M AVAX
Immutable (IMX)
Immutable is a layer-2 scaling solution for NFTs on the Ethereum network. It gained popularity due to its blockchain's innovative approaches toward improving Ethereum's overall limitations, such as scalability, user experience, and more.
As such, the IMX crypto has gained a positive reputation, which has seen a significant 400% rise in price value in 2023. Moreover, 2024 looks even more promising for IMX.
- Market cap: $3B (approx)
- Circulating supply: 1.2B IMX (approx)
- Max supply: 2B IMX
Vechain (VET)
Vechain is an innovative contract platform on the blockchain network. VET, its native token, is one of the top cryptos you may want to invest in 2024. This is because, at the price value of only $0.03, VET is affordable and has high growth potential.
The VET token gained over 100% within 2023. At the current trajectory, we may see more growth in 2024.
- Market cap: $2.5B (approx)
- Circulating supply: 72B VET (approx)
- Max supply: 85.9B VET
Conclusion
Crypto investment can be quite profitable with a suitable investment. However, note that the cryptocurrencies mentioned above are from our research perspective. Also, with all signs and indications at the end of 2023, the cryptocurrencies mentioned above have been performing significantly well, and the trend is expected to continue till 2024. A virtual coin that will grow considerably in 2024 must have started showing glimpses now, and that is precisely what the mentioned cryptocurrencies above are doing. Without any unforeseen situation that can change the market's course, the 10 cryptocurrencies mentioned are going to the moon. Investors are expected to check them out and research them before making decisions.
