Crypto investors are always looking for the next altcoin with huge growth potential.
But with thousands of coins launched every year, it can be difficult to separate the good from the bad.
In this article, we discuss five of the most promising altcoins to hit the market in 2024, and explain why they could soar in the coming months.
1. Dogeverse (DOGEVERSE)
The first new altcoin that investors may want to consider is Dogeverse (DOGEVERSE)that is making waves by bringing meme culture to multiple blockchains.
Launched on six chains, included Ethereum and Solana, the DOGEVERSE token can travel between these networks using bridging technology.
The project's mascot, Cosmo the chain-hopping Doge, symbolizes this use case.
Dogeverse has raised over $13 million in pre-sales to date and is offering a lucrative sum strike program for early investors.
Investors can earn passive rewards in DOGEVERSE at a rate of 70% per year over two years.
This strike protocol, combined with Dogeverse's multi-chain approach, has helped bring the project to the public's attention.
If Dogeverse's team can maintain this momentum until the token is listed on a DEX in the coming weeks, it could be considered one of the hottest altcoins to watch in 2024.
2. WienerAI (WAI)
The following is Wiener AI (WAI)that aims to shake up the meme coin space with cutting-edge AI technology.
Despite the hilarious name and sausage dog mascot, this project has some serious use.
WienerAI offers predictive AI capabilities through an easy-to-use bot that helps traders analyze the market for opportunities.
But it gets even better: WienerAI also offers seamless token swaps at no cost between DEXs with additional MEV protection.
In addition to these AI trading features, there is a strike protocol where stakers can earn massive 692% APY rewards, paid out in WAI tokens.
With 20% of the total WAI offering being allocated to these wagering rewards, this could help push it above the usual short-lived meme coin hype.
WienerAI's presale raised over $1.3 million in its first week after going live – and investors can still purchase WAI tokens at the low price of $0.000705.
3. 99 Bitcoins (99 BTC)
The team behind 99Bitcoins, one of the best crypto learning resources on the web, is taking things up a notch with their new 99Bitcoins Token (99BTC).
This Learn-to-Earn token rewards users for completing interactive crypto courses and participating in the community.
As users explore topics like Bitcoin, DeFi, and more, they can earn 99BTC tokens directly into their crypto wallet.
Furthermore, 99BTC will soon transition to the new BRC-20 token standard.
This standard is used to build on the Bitcoin network – so by adopting it, 99BTC is making an effort to stand out in the crypto education space.
99BTC holders even have access to premium content, VIP trading groups and crypto signals.
With over $1.1 million raised in pre-sales to date, 99BitcoinsToken could be yet another altcoin poised for a successful 2024.
Visit 99Bitcoins Token Presale
4. Mode (MODE)
As a new face in the DeFi sector, Mode (MODE) attracts attention with its “Layer 3” concept.
Mode is based on the Optimism network and introduces customizable, low-cost rollup chains designed for high throughput.
The project essentially aims to empower developers and users through unique incentive structures.
MODE acts as the heartbeat of the network and is used to facilitate governance, pay fees and transfer value.
The token has been in the news recently after a massive airdrop campaign designed to raise awareness.
Now that MODE is available on several CEXs and attracting millions of dollars in spot trading volume, it is starting to become a serious competitor in the DeFi space.
5. Panda Swap (PANDA)
We round out our list of new altcoins that we can buy for big profits Panda Swap (PANDA).
This platform positions itself as the main DEX and swap service of the Solana blockchain.
Panda Swap introduces valuable swap mechanisms such as dynamic routing between pools, high-speed transactions and stop-loss orders.
However, Panda Swap goes further than just exchanging; it also addresses liquidity issues directly with token taxes.
At the time of writing, the native PANDA token is trading at just $0.0105, but it has risen 11% in the last 24 hours.
If PANDA can keep this momentum going, it could be another under-the-radar altcoin to keep an eye on.