Crypto investors are always looking for the next altcoin with huge growth potential.
But with thousands of coins released each year, it can be difficult to separate the good from the bad.
In this article, we will discuss 5 of the most promising altcoins that hit the market in 2024, and explain why they could skyrocket in the coming months.
1. Dogeverse (DOGEVERSE)
The first new altcoin investors might consider is Dogeverse (DOGEVERSE), which is making waves by bringing meme culture to multiple blockchains.
Launched on six chains, including Ethereum and Solana, the DOGEVERSE token can travel between these networks using bridging technology.
The project’s mascot, Cosmo the chain-jumping Doge, symbolizes this use case.
Dogeverse has so far raised over $13 million in its presale and offers a lucrative staking program for early investors.
Investors can earn passive rewards in DOGEVERSE over a two-year period at a rate of 70% per year.
This staking protocol, combined with Dogeverse’s multi-chain approach, helped catapult the project into the public eye.
If the Dogeverse team can maintain this level of momentum until the token is listed on a DEX in the coming weeks, then it could be considered one of the hottest altcoins to watch in 2024 .
Visit the Dogeverse Presale
2. WienerAI (WAI)
Next up is WienerAI (WAI), which seeks to disrupt the coin space with advanced AI technology.
Despite its hilarious name and sausage dog mascot, this project has serious utility.
WienerAI offers predictive AI capabilities through a user-friendly bot that helps traders scan the market for opportunities.
But it gets better – WienerAI also offers transparent, fee-free token swaps between DEXs with added MEV protection.
In addition to these AI trading features, there is a staking protocol through which stakers can earn huge 692% APY rewards paid out in WAI tokens.
With 20% of WAI’s total supply allocated to these staking rewards, this could help elevate it above the usual fleeting hype of meme coins.
The WienerAI presale raised over $1.3 million in its first week live – and investors can still purchase WAI tokens at the low price of $0.000705.
Visit the WienerAI presale
3. 99Bitcoins (99BTC)
The team behind 99Bitcoins, one of the best crypto learning resources on the internet, is taking it to the next level with its new 99Bitcoins token (99BTC).
This Learn to Earn token rewards users for progressing through interactive crypto courses and participating in the community.
As users study topics like Bitcoin, DeFi, etc., they can earn 99 BTC tokens directly to their crypto wallet.
Additionally, 99BTC will soon upgrade to the new BRC-20 token standard.
This standard is used to build on the Bitcoin network – so by adopting it, 99BTC is trying to stand out in the crypto education space.
99BTC holders can even access premium content, VIP trading groups, and crypto signals.
With over $1.1 million raised so far in presale, 99BitcoinsToken could be another new altcoin poised for a successful 2024.
Visit the 99Bitcoins Token Presale
4. Modes (MODE)
As the new face of the DeFi sector, Mode (MODE) is turning heads with its “Layer 3” concept.
Built on the Optimism Network, Mode 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 heart of the network and is used to facilitate governance, pay fees and transfer value.
The token was recently in the news following a massive airdrop campaign designed to raise awareness.
Now that MODE is available on multiple CEXs and attracting millions of dollars in spot trading volume, it is shaping up to be a serious contender in the DeFi space.
5. Panda Exchange (PANDA)
Rounding out our list of new altcoins to buy for big gains is Panda Swap (PANDA).
This platform is positioned as the first DEX and exchange service on the Solana blockchain.
Panda Swap introduces valuable swap mechanisms such as dynamic routing between pools, lightning-fast transactions and stop-loss orders.
However, Panda Swap goes beyond just swapping: it also tackles liquidity issues head-on with token taxes.
At the time of writing, the PANDA native token is trading at just $0.0105, but it has surged 11% in the last 24 hours.
If PANDA can keep this momentum going, it could be another little-known altcoin to watch.
reference: watcher.guru