10 Best Altcoins to Buy in March 2024 (2024)

Table of Contents
Top 10 Altcoins to Buy March 2024 Top Altcoins to Invest in Reviewed 1. Dogecoin20 – A greener, faster, cheaper & more secure update on the classic Doge. Holders can also earn staking rewards. 2. Green Bitcoin – Hosts Daily BTC Price Prediction Games, Offers 262% Staking APYs 3. Sponge V2 – Emerging Altcoin With A P2E Game And A Stake-to-Bridge For High APYs 4. 5th Scape – New Altcoin Linked to a VR Gaming Ecosystem 5. Smog – New Meme Coin Offers 42% Staking APY and Massive Airdrop Rewards 6. eTukTuk – Reduce Carbon Emissions in the Developing World 7. Bitcoin Minetrix – Brand New Altcoin Introducing a Revolutionary Stake-to-Mine Model 8. Scorpion Token – Earn Up To $10,000 in Daily Passive Staking 9. Poodl Inu – Dog-Themed Meme Coin Offers Over 9,000% Staking APY 10.Mollars – Decentralized Crypto Burns 1% of All Transactions, $850K Raised on Presale What is an Altcoin? Are Altcoins a Good Investment? Technology Advancements Diversification Room for Growth How to Choose the Best Altcoins to Buy Now Analyze the Whitepaper See What Social Media is Saying Look for Projects with Genuine Utility Our Methodology – How We Ranked the Best Altcoins to Buy Now Innovation Quotient (20%) Real-World Adoption Index (20%) Community Power (20%) Market Resilience and Liquidity Matrix (20%) Regulatory Alignment (20%) Conclusion Best Altcoins to Buy Now FAQs What is an Altcoin? What is the best altcoin to buy now? Which altcoins have the most room for growth? How many different altcoins are available? How can I invest in altcoins? What is the top new altcoin? Are altcoins worth buying? About the Author

10 Best Altcoins to Buy in March 2024 (1)

Jay Leonard | 10 Best Altcoins to Buy in March 2024 (2) Verified by Alan Draper

Last updated: | 21 min read

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Although Bitcoin is the largest and most well-known cryptocurrency on the planet, investing in top altcoins can also potentially yield high returns.

Throughout this article, we’ll be taking a look at the best altcoins to invest in, exploring what an altcoin is and why they make good investments, as well as outlining exactly how altcoins can be purchased. Let’s get started.

10 Best Altcoins to Buy in March 2024 (3)

Dogecoin20 ($DOGE20)

  • New and improved meme offering over 300% staking rewards
  • Staked token supply to lock at end of presale to prevent volatility
  • More flexible and eco-friendly thanks to Ethereum blockchain build

Project Launched

March 2024

Meta

Stake-to-earn, Meme

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (4)

    ETH

  • 10 Best Altcoins to Buy in March 2024 (5)

    usdt

  • 10 Best Altcoins to Buy in March 2024 (6)

    Bank Card

Buy Now

10 Best Altcoins to Buy in March 2024 (7)

Slothana ($SLOTH)

  • Send SOL and wait for airdrop - the new way of doing presales
  • Over $540K raised so far, expected to sell out very quickly amid memecoin buying frenzy
  • No hard cap total - first come first served

Project Launched

March 2024

Meta

Meme

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (8)

    Solana

Buy Now

10 Best Altcoins to Buy in March 2024 (9)

5thScape

  • Innovatives VR & AR Gaming Project
  • Aiming to Raise $15M Across 12 Rounds
  • Token Holders Get Lifetime Access to VR Content

Project Launched

January 2024

Meta

VR

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (10)

    ETH

  • 10 Best Altcoins to Buy in March 2024 (11)

    usdt

  • 10 Best Altcoins to Buy in March 2024 (12)

    Bank Card

Buy Now

10 Best Altcoins to Buy in March 2024 (13)

Sponge V2

  • Trending meme coin with P2E utility & staking rewards
  • Price up 10x in past month, rumors of Binance listing
  • 12k+ holders and growing

Project Launched

December 2023

Meta

Meme, P2E

Buy Now

10 Best Altcoins to Buy in March 2024 (17)

Smog (SMOG)

  • Buy and hold $SMOG to generate and earn airdrop points
  • 35% of supply reserved for future airdrop rewards
  • Viral potential after pumping over 1000%

Project Launched

February 2024

Meta

Meme, P2E

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (18)

    usdt

  • 10 Best Altcoins to Buy in March 2024 (19)

    Solana

Buy Now

10 Best Altcoins to Buy in March 2024 (20)

eTukTuk

  • Native BSC token
  • Audited by Coinsult
  • Long-term rewards for holders

Project Launched

2023

Meta

AI

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (21)

    bnb

  • 10 Best Altcoins to Buy in March 2024 (22)

    usdt

  • 10 Best Altcoins to Buy in March 2024 (23)

    Bank Card

Buy Now

10 Best Altcoins to Buy in March 2024 (24)

Bitcoin Minetrix

  • Innovative stake-to-mine project for easy BTC mining
  • Presale has raised over $6.5m so far
  • Over 90% staking APY during presale

Project Launched

2023

Meta

Staking, mining

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (25)

    ETH

  • 10 Best Altcoins to Buy in March 2024 (26)

    bnb

  • 10 Best Altcoins to Buy in March 2024 (27)

    usdt

  • +1 more

Buy Now

  • Daily passive staking income
  • 250k giveaway participation
  • Free casino credits

Project Launched

July 2023

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (29)

    usdt

  • 10 Best Altcoins to Buy in March 2024 (30)

    bnb

  • 10 Best Altcoins to Buy in March 2024 (31)

    ETH

10 Best Altcoins to Buy in March 2024 (32)

Poodl Inu ($POODL)

  • Trending new meme coin presale with 6.9Bn total supply
  • Buy and stake $POODL to earn rewards of 12397% p/a
  • 30% of the token supply has been allocated to staking

Project Launched

February 2024

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (33)

    bnb

  • 10 Best Altcoins to Buy in March 2024 (34)

    ETH

  • 10 Best Altcoins to Buy in March 2024 (35)

    usdt

  • +1 more

Buy Now

10 Best Altcoins to Buy in March 2024 (36)

Hypeloot ($HPLT)

  • Innovative AI crypto casino offering staking, airdrops and custom games
  • $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
  • Offers daily staking rewards, hype NFTs and is fully audited by Certik

Project Launched

March 2022

Purchase Methods

  • 10 Best Altcoins to Buy in March 2024 (37)

    bnb

  • 10 Best Altcoins to Buy in March 2024 (38)

    ETH

  • 10 Best Altcoins to Buy in March 2024 (39)

    usdt

Buy Now

Top 10 Altcoins to Buy March 2024


Below, we’ve rounded up some of the best altcoins to invest in right now and provided a short description of each. In the following section, we dive deeper into the specifics, providing a mini-review of our selected assets.

  1. Dogecoin20 – A much-needed update to a classic altcoin, offering high staking rewards.
  2. Slothana (SLOTH) – New meme coin with no hard cap – over $540K raised.
  3. Green Bitcoin – Green alternative that hosts daily BTC price predictions, get 262% APYs.
  4. Sponge V2 – Sponge V1 did 100x since its presale and now V2 aims to outperform it.
  5. 5th Scape – New VR and AR gaming ecosystem, raised over $2 million so far.
  6. Smog – New meme coin offers 42% staking APY and massive airdrop rewards.
  7. eTukTuk – Eco-friendly platform builds electric tuk-tuks, raised over $1.4 million.
  8. Bitcoin MinetrixStake-to-mine crypto, raised over $11 million on presale.
  9. Scorpion Token – eGambling cryptocurrency casino, raised close to $9 million.
  10. Poodl Inu– Latest dog-themed meme coin offering over 9,000% staking APYs.

Top Altcoins to Invest in Reviewed


Looking for the top altcoins to buy now, while the altcoin bull market is just getting warmed up? Now that we have an understanding of each altcoin project and its offerings, let’s dive into the reviews.

1. Dogecoin20 – A greener, faster, cheaper & more secure update on the classic Doge. Holders can also earn staking rewards.

Dogecoin20 is our #1 pick for the best altcoin to buy right now. Looking to take advantage of the current trend for dog-themed memecoins, Dogecoin20 provides more than just an investment opportunity.

Built on the Ethereum network, holders of $DOGE20 can stake their tokens for sustainable passive rewards. As it is an ERC20 token, $DOGE20 is faster, cheaper and more environmentally friendly than its well-known predecessor $DOGE. Just how Elon would have wanted it!

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The $DOGE20 presale is currently underway and in the spirit of democratic cryptocurrencies, there is a set price for all tokens bought at this stage. This means everyone gets in at the same price. No super early investors, and no tiered pricing.

What’s more, after the presale has ended the supply of $DOGE20 tokens will be locked for a period of time until the token is established on leading exchanges. This has been done to prevent people from dumping the token on the first day of listing causing a price crash.

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Buying Doge is quick and easy and it takes just a few seconds more to put your tokens to work and begin earning passive staking rewards.

To find out more about the Dogecoin20 presale, head on over to the website where you will find everything you need to know. To stay abreast of the latest news and product updates, be sure to follow Dogecoin20 on X and join the exclusive Telegram group.

Presale StartedMarch 2024
Purchase MethodsETH, USDT, BNB, Card
ChainEthereum
Min InvestmentNone
Max InvestmentNone

Visit Dogecoin20 Presale

2. Green Bitcoin – Hosts Daily BTC Price Prediction Games, Offers 262% Staking APYs

Green Bitcoin is another top altcoin to buy right now. Although many cryptocurrency projects are developing innovative financial solutions, some projects are focused on rewarding users in a gamified way.

Investors can buy $GBTC tokens, stake them and make Bitcoin price predictions. Depending on your prediction and staking duration, you’ll be rewarded.

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The project is in its infancy, however. This means you can only buy $GBTC tokens now at a discounted price while you wait for the price prediction system to go live. This shouldn’t be bad, though, especially if you believe the project has a future. $GBTC sells at a lower price during the presale than what it could potentially trade post-presale. Moreover, you get to stake and earn rewards during the presale, giving you a chance to stack up before you start predicting Bitcoin’s price.

To participate in the presale, you need ETH, USDT, or a card, and an Ethereum-based wallet to complete the transaction. Token withdrawal will be enabled once the presale ends. While you wait, you can earn more $GBTC tokens.

The staking system is live and there’s a 262% APR at the time of writing. This will change as more tokens get staked. With 27.5% of the total token supply dedicated to the presale and the staking rewards, according to Green Bitcoin’s whitepaper, the majority of the tokens are likely to get distributed among early adopters.

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At the time of writing, $GBTC is priced at $0.492 on presale, which has raised more than $1.1 million.Follow Green Bitcoin on X and Green Bitcoin on Telegram to get project updates and to learn more.

Presale Started6 Dec 2023
Purchase MethodsETH, USDT, BNB, Card
ChainEthereum
Min InvestmentNone
Max InvestmentNone

Visit Green Bitcoin Presale

3. Sponge V2 – Emerging Altcoin With A P2E Game And A Stake-to-Bridge For High APYs

A trending new upgrade, Sponge V2 builds on the remarkable success of the original $SPONGE. The first version caught the market’s attention, rising to a $100 million market cap and producing a staggering 100x return to early investors.

With over 11,500 holders and a stable $16 million market cap, Sponge V2 is set to take this legacy forward with innovative features and a strong community focus.

Key Developments in Sponge V2:

  • Stake-to-Bridge Model: Sponge V2 offers a Stake-to-Bridge model, allowing users to transition from V1 to V2 by staking their original tokens. This model ensures a smooth upgrade and solidifies long-term community commitment by locking V1 tokens for four years and offering V2 tokens as rewards.
  • Play-to-Earn Gaming: To improve utility and user engagement strategically, Sponge V2 integrates a Play-to-Earn game. This game is a fun addition and a practical way to earn $SPONGEV2 tokens.
  • Exchange Listing Plans: The team behind Sponge V2 is potentially looking at listings on major exchanges like Binance and OKX. Such a move could mirror the success of other recently listed meme coins, potentially exploding SPONGEV2’s value.

The total supply of $SPONGEV2 is capped at 150 billion, with a significant portion allocated for staking rewards and the P2E gaming ecosystem.

This allocation strategy emphasizes rewarding active participants and enhancing the token’s utility.

Building on the success story of Sponge V1, Sponge V2 aims to leverage its strong 30,000-member community base for broader outreach and adoption.

Investors have a unique opportunity to double their holdings by purchasing V1 tokens and staking them for V2, with additional bonuses offered for a limited time. This model offers an attractive proposition, especially for those who missed the initial wave of Sponge’s growth.

Potential investors and community members looking to stay informed can follow Sponge on social media platforms like X (Twitter) and enter its Telegram channel.

These platforms offer real-time updates on Sponge V2’s rollout, exchange listings, and other critical developments.

Presale StartedDec 2023
Purchase MethodsETH, USDT, Card
ChainEthereum
Min InvestmentNone
Max InvestmentNone

Visit Sponge V2

4. 5th Scape – New Altcoin Linked to a VR Gaming Ecosystem

A brand new immersive virtual reality ecosystem, 5th Scape lets players experience a hyper-realistic world full of limitless possibilities. The 5th Scape ecosystem comes equipped with the necessary products to provide gamers with a realistic VR gaming experience – including VR headsets and ergonomically designed VR chairs.

10 Best Altcoins to Buy in March 2024 (46)

$5SCAPE, the native token, can give you access to the basic gameplay modes on 5th Scape. According to the platform roadmap, 5th Scape will launch five new VR games – ranging from MMA-focused themes to Cricket and Soccer-based gameplay modes.

$5SCAPE token holders get access to these gameplay modes and discounts on all 5th Scape products. With the token, you can also engage in educational content via tutorials and modules.

This new altcoin is priced at $0.00187 during the first presale round. The presale will run for 12 rounds – across which 80% of $5SCAPE’s 5.21 billion token supply will be allocated. By the final round, the price will increase to $0.0087 – a 350% price increase from current levels.

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The $5SCAPE listing price is set at $0.01 per token. Read the 5th Scape whitepaper and join the Telegram channel to stay updated with this new altcoin.

Presale StartedJanuary 2024
Purchase MethodsUSDT, BNB
ChainEthereum
Min InvestmentNone
Max InvestmentNone

Visit 5th Scape Presale

5. Smog – New Meme Coin Offers 42% Staking APY and Massive Airdrop Rewards

Solana-based utility token Smog ($SMOG) launched on the Jupiter DEX in February 2024, and has quickly emerged as a leading altcoin. Starting with a market cap of $2 million, Smog saw remarkable growth, reaching nearly $66 million within a week of its listing.

Smog’s airdrop campaign is a key feature, rewarding holders for social media engagement and completing online challenges. It aims to offer the ‘Greatest SOL airdrop of all time.’

Over 6,500 participants have participated in multiple challenges, showing strong community involvement. With 490 million tokens set aside for airdrops, Smog focuses on long-term engagement.

Additionally, Smog offers a staking mechanism with 42% annual yields, attracting investors looking for passive income. Around 9 million tokens have already been staked, showing high investor confidence.

This combination of active engagement rewards and staking benefits highlights Smog’s commitment to providing more than speculative value.

Smog’s fair launch model, absence of a presale, and plans for cross-chain expansion and upcoming exchange listings show its dedication to accessibility and liquidity.

Interested users can find more information in the whitepaper and stay updated through its Telegram group and X (Twitter) account.

Visit Smog

6. eTukTuk – Reduce Carbon Emissions in the Developing World

The eTukTuk crypto project is anew eco-friendly initiative based on the BSC blockchain, prepares for launch in Sri Lanka with a twofold mission – environmental protection and financial inclusion.

This project aims to replace traditional fossil fuel-reliant TukTuks with their electric counterparts, mitigating carbon emissions while offering economic advantages. The presale has already raised more than $1.4 million with buyers able to earn 167% staking APY.

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Electric TukTuks bring significant cost reductions in operation and maintenance, potentially boosting driver income by an impressive 400%.Sri Lanka, home to a vast fleet of millions of TukTuks, can provide a solid base for eTukTuk’s journey to kick off.

With the strong backing of The Capital Maharaja Group, a significant conglomerate in Sri Lanka, eTukTuk’s goal of affordable and accessible electric vehicles and charging stations have become more feasible.

Incorporating blockchain tech, eTukTuk promotes financial inclusion by assigning digital identities, narrowing the economic divide. As per the eTukTuk whitepaper, It doubles as a socio-economic tool, aiming to make a mark beyond transportation.

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Token holders can support charging station operations by staking their tokens, earning annual yields in return. This unique staking method sets eTukTuk apart, further showing its innovative approach.

eTukTuk seeks to create a future where transportation and economic growth harmoniously coexist without affecting the planet’s health. You can join the eTukTuk Telegram group for the latest information.

Visit eTukTuk

7. Bitcoin Minetrix – Brand New Altcoin Introducing a Revolutionary Stake-to-Mine Model

A revolutionary new stake-to-mine cryptocurrency, Bitcoin Minetrix ($BTCMTX) lets investors earn cloud mining credits and mining power on Bitcoin.

For those looking to engage in mining activities without the high entry barrier, Bitcoin Minetrix offers a simple solution. The platform also offers a ‘minedrop’ with rewards of $30k for early supporters.

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Bitcoin Minetrix will tokenize cloud mining by leveraging the $BTCMTX token. All one has to do is purchase $BTCMTX on the presale and stake their holdings. Bitcoin Minetrix has a 4 billion token supply, and has allocated 2.8 billion tokens across 39 presale rounds.

Currently, $BTCMTX is priced at $0.0137 per token – this price will rise with each successive stage.

The current staking APY (Annual Percentage Yield) on $BTCMTX is 59%, which will eventually reduce as more tokens are staked on the Ethereum-powered smart contract. Staked token holders will earn passive income in the form of cloud mining credits.

While these credits cannot be traded, investors can burn them on the ecosystem to earn Bitcoin cloud mining power. This allows one to get allocated mining time and a share of mining revenues. This is a cost-efficient solution to other cloud mining services due to the high costs of operations and the prevalent third-party scams.

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By tokenizing the tokens, investors can join a decentralized platform that is secure to use. The presale requires investors to make just a $10 investment to get started – over $11.4 million has been raised since it launched.

Go through the Bitcoin Minetrix whitepaper and join the Telegram channel to stay updated with this cryptocurrency.

Presale Started26 Sept 2023
Purchase MethodsETH, USDT, BNB
ChainEthereum
Min Investment$10
Max InvestmentNone

Visit Bitcoin Minetrix

8. Scorpion Token – Earn Up To $10,000 in Daily Passive Staking

A future leading online gambling platform, Scorpion Casino lets users earn up to $10,000 USDT in daily passive staking, depending on the casino’s performance. The project is on a mission to build the number-one online social gambling platform that seeks to provide a fun and seamless gambling experience while simultaneously allowing everybody to earn.

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The passive staking earnings are provided through a redistribution tax that’s baked into the smart contract for the token. A 2% tax is leveraged on all transactions, which is re-distributed to all SCORP holders. As a result, holders will see their token balance increase when holding the token as the casino gains more adoption.

Furthermore, the token is actually deflationary due to the 1% burn tax that is levied on each transaction. Over time, the total supply for SCORP will continue to decrease, making the remaining tokens more scarce and valuable.

The project is currently hosting a presale for its native token, SCORP. The native token will be the exclusive payment method for the entire ecosystem and will be the default betting currency across the casino and sports gaming products. However, the casino also accepts major cryptocurrencies, such as BTC, ETH, and BNB.

Investors who purchase more than $1,000 SCORP in the presale are automatically enrolled in the Elite Scorpion Members Club, which provides multiple benefits, including;

  • A VIP service
  • Cashback on the casino
  • Extra staking rewards
  • Addition SCORP tokens

Furthermore, those that use the exclusive bonus code Scorpion20 when making their purchase can get an extra 20% tokens on their investment – nearly $5 million has now been raised in the presale.

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The project has announced that it has already secured a top-tier centralized exchange listing for when the presale ends, which will be announced close to the conclusion of the presale.

9. Poodl Inu – Dog-Themed Meme Coin Offers Over 9,000% Staking APY

Another dog-themed meme coin on this list is Poodl Inu, which aims to follow the hype around Dogecoin, Shiba Inu, Bonk, Myro and Dogwifhat. The main difference between all these tokens and Poodl Inu is that they have all been around for years, while Poodl Inu is now in a presale, giving you the chance to buy it at a lower price before being listed on exchanges.

To participate in the presale, connect your Ethereum wallet and use ETH, USDT or a card to complete the purchase. You can also buy it with BNB if you prefer, but you won’t be eligible for the staking rewards.

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As soon as you purchase your POODL tokens, stake them to earn a generous staking APY that stands over 9,000% as of this writing. This number will drop when more investors buy and stake their tokens, which makes it prudent to lock in before the APY drops.

Follow Poodl Inu on X and join the Poodl Inu Telegram channel for more information about the project.

Visit Poodl Inu

10.Mollars – Decentralized Crypto Burns 1% of All Transactions, $850K Raised on Presale

The next top altcoin in our list is Mollars ($MOLLARS), a decentralized cryptocurrency platform. Mollars may be an ideal investment opportunity for investors seeking decentralization and autonomy.

The company founders will renounce ownership of the contract code after $MOLLARS officially launches on exchanges. This will symbolize the official transfer of power from the founders to token holders. $MOLLARS holders can also get access to the platform’s DAO and make crucial decisions about the crypto’s future.

10 Best Altcoins to Buy in March 2024 (57)

Post the platform launch, Mollars will launch a decentralized exchange and gaming ecosystem. This altcoin has a total supply of 10 million, 40% of which is allocated for the ongoing presale. Another 20% will be used for ecosystem funds and future centralized exchange listings.

Nearly a quarter of the supply will also be distributed through a rewards program. Interested investors can purchase $MOLLARS for $0.5 through the ongoing presale round. In a few months since the presale started, Mollars has raised over $850K. There will be a 3% tax levied per transaction. This will be distributed among the DAO, used for technological advancements, and for community initiatives.

To keep the token price competitive in the long term, 1% of all tokens will be burned per transaction. Read the Mollars whitepaper and join the Telegram channel for more information.

Token SymbolMOLLARS
Presale Supply4,000,000 MOLLARS
Token TypeEthereum
Payment MethodETH, USDT, Card
Listing PriceN/A

Visit Mollars

What is an Altcoin?


Altcoin simply means alternative coin. As such, any alternative (to Bitcoin) can be considered an altcoin. In practice, this means that every cryptocurrency other than Bitcoin is classed as an altcoin.

Ethereum, XRP, Solana, and Dogecoin are among the biggest altcoins, of which thousands exist. Many new altcoins are launched each day, and new ones in particular often exhibit extreme volatility.

While most crypto investors hold Bitcoin, many also invest in a variety of altcoins as a means of diversifying their portfolios.

Are Altcoins a Good Investment?


With Altcoins being made up of such a large variety of projects, some will make for good investments while others will slowly fade into obscurity. Below, we’ve shared a few reasons why altcoins can make an excellent addition to a well-balanced crypto portfolio.

Technology Advancements

One of the most interesting aspects of altcoins is the technology they possess. With cryptocurrency already being an emerging technology, altcoins can provide access to subsectors like decentralized finance, the Metaverse, and P2E gaming.

The best altcoins to buy will typically feature new and exciting features, making them an excellent way to get to the forefront of technology.

Among those listed here, Dogecoin20 uses staking technology to enhance a classic altcoin into something that rewards users. All these projects utilize blockchain technology in different ways to provide utility and a solution to a real-world issue.

Diversification

As we mentioned, there is a massive variety of different altcoins available and as such, they can make for an excellent diversification tool. With altcoins spanning every sector within cryptocurrency, regardless of how a portfolio is composed, there will be an altcoin able to reduce an investor’s exposure to a specific sector, effectively reducing risk.

Room for Growth

While Bitcoin is regarded as being a safer, blue-chip crypto, its larger size means it’s more difficult for the price to move substantially in either direction. However, altcoins will have lower market caps, meaning that less demand is required for them to be pushed upward or downward.

Meme coins can often show explosive growth, but investors have to be careful about which projects they choose. Not only do some meme coins have a very short shelf life, but many are also outright scams.

As such, altcoins can make for excellent growth vehicles, provided the proper due diligence is done prior to investing.

How to Choose the Best Altcoins to Buy Now


With there being so many different altcoins on the market, an investor needs to narrow down their search criteria to find worthwhile projects. Sometimes you need more than just the best crypto signals to know which crypto project is worth investing in. We’ll be sharing a few quick tips to help decide which altcoins to invest in.

Analyze the Whitepaper

Learning how to buy altcoins starts with assessing each whitepaper carefully. One of the most effective techniques to weed out lackluster projects is thoroughly reviewing a project’s whitepaper. The best altcoins to buy will always feature a well-written whitepaper that clearly explains exactly what the project does as well well as its plans for the future. If a cryptocurrency makes a lot of promises without explaining how they will be achieved, it’s best avoided.

See What Social Media is Saying

Taking a look at social media can be a great way to determine how investors feel about a project and whether it has a strong community. While stats like followers can be easily purchased online, it’s much harder to fake an active community consistently commenting and sharing so these are both factors to look out for when trying to find the best altcoins for 2024.

Look for Projects with Genuine Utility

While it’s possible for some projects to perform well and offer great returns through hype alone, it’ll never be conducive to long-term growth. Instead, it’s better to look out for utility-focused projects that provide a useful service or product. These altcoins will always have a demand regardless of hype or the market, making them far safer long-term crypto investments.

Our Methodology – How We Ranked the Best Altcoins to Buy Now


CryptoNews developed a ranking methodology for evaluating the top altcoins to buy now, with each factor weighted at 20%. This allows investors to gain a comprehensive view of the potential of different altcoins and make informed decisions based on their preferences and risk tolerance.

Innovation Quotient (20%)

We assessed each altcoin’s innovation quotient, looking at its technological prowess and groundbreaking features. This included a detailed look at its scalability, security measures, consensus mechanisms, smart contract capabilities, and potential for evolutionary advancements.

Real-World Adoption Index (20%)

We gauged each altcoin’s real-world adoption and tangible applications, emphasizing partnerships, integrations within existing infrastructures, utility in decentralized applications (DApps), and the role it might be able to play in various industries.

Community Power (20%)

Our team assessed the passion and enthusiasm of each altcoin’s community, evaluating its size, engagement levels, and activity. We paid close attention to developer involvement, community updates, and vibrant discussions across forums, social media channels, and developer platforms.

Market Resilience and Liquidity Matrix (20%)

We scrutinized the altcoin’s market resilience and liquidity landscape, considering factors such as market capitalization, trading volumes, and liquidity across major exchanges. Our focus encompassed its ranking among peers, stability of trading pairs, and accessibility across diverse trading platforms.

Regulatory Alignment (20%)

We analyzed the altcoin’s alignment with regulatory frameworks in prominent jurisdictions, navigating through any potential legal or compliance hurdles. Our assessment factored in past regulatory interactions, adherence to evolving regulatory standards, and the overall risk landscape.

Conclusion


We’ve taken a look at some of the best altcoins to invest in, discussed the benefits of altcoins, and explained how to choose the find altcoins with the highest potential. However, throughout our research, we determined that one particular project boasts the most potential.

One of the top altcoins right now is Dogecoin20 ($DOGE20). This new take on the classic memecoin Doge, has been built on the Ethereum blockchain meaning it is a greener, cheaper and faster alternative to its much vaunted cousin. Furthermore, due to its Proof of Stake architecture, DOGE20 holders are able to to stake their tokens and receive sustainable and passive rewards.

Visit Dogecoin20 Presale

Best Altcoins to Buy Now FAQs

What is an Altcoin?

Put simply, an altcoin is an alternative cryptocurrency to Bitcoin. As such, the vast majority of cryptos can be considered altcoins, with the term transcending category or intended purpose.

What is the best altcoin to buy now?

Dogecoin20 is one of the top altcoins to watch right now.

Which altcoins have the most room for growth?

While each of the projects we’ve reviewed has plenty of room for an upside move, recently released projects like Dogecoin20, Green Bitcoin, Scotty the AI, Smog, and Sponge V2, are all in their presale or small market cap projects that have not reached the wider market yet. Presale and low market cap projects offer low entry prices and greater potential for growth.

How many different altcoins are available?

It’s impossible to provide an exact number of available altcoins as new crypto projects are released daily. Currently, there are over 2,000,000 altcoins on the market, with this figure continually growing.

How can I invest in altcoins?

There is a plethora of ways to invest in altcoins. The best altcoin to buy, Dogecoin20, can be earned through staking, whereas other top altcoins can be easily bought using a regulated broker.

What is the top new altcoin?

Out of all the altcoins available to invest in right now, Dogecoin20 presents the best opportunity. Scotty the AI and Smog are other viable investment options.

Are altcoins worth buying?

As there are so many different altcoins, some will be worth buying while others are best avoided. However, each of the projects we’ve reviewed has solid fundamentals and could make for a great investment.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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About the Author

Jay Leonard

Jay, a UK-based cryptocurrency expert, specializes in fundamental analysis and focuses on medium to long-term investments in the crypto market. With considerable hands-on experience in financial market analysis and technical analysis, Jay is currently concentrated on exploring the institutional adoption of cryptocurrency and its implications for the future of the asset class. His insights have been featured in several high-profile publications, including Finance Illustrated, EconomyWatch, and Business2Community.

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