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Predictions for 2024: Best cryptocurrencies with growth potential

Picture credits: Rodion Kutsaiev/Unsplash

Welcome to the fascinating world of cryptocurrencies, where finance and its future are shaped with one digital coin at a time. Recently, the crypto environment has transformed into a space beyond our wildest expectations, thus enhancing the financial landscape and creating new opportunities. 2024 looks like a great year for plenty of cryptocurrencies, as many coins are making weaves and are expected to revolutionise how we invest, transact and build wealth. 

From the crypto king, Bitcoin, to all the other innovative altcoins, the digital asset market seems to attract more investors interested in a decentralised future. So, if you are a seasoned enthusiast in the crypto realm or just a curios newcomer who wants to discover what is the price of Ethereum, you come to the best place, as in this article, we will equip you with the best insights and knowledge you need to keep in mind if you are interested in cryptocurrencies. 

Factors to consider if you are interested in a crypto investment

Market capitalisation

Market capitalisation refers to the total sum value of digital coins in the market. This is an important factor you should remember when opting for a digital coin, as a high market cap means that the crypto has a high trading volume, which represents a positive sign. A top cryptocurrency will have a higher position in the coin charts and can help you make a purchase decision. Moreover, market capitalisation helps you better analyse the overall worth of digital coins, thus allowing you to opt for a better solution. 

Trading volume

A consistent and high trading volume on crypto is usually a very good sign. It implies that more people and larger parties are interested in that cryptocurrency. A high trading volume is correlated to a higher accessibility for a digital asset. 


The liquidity level indicates how quickly and easily exchanging digital coins for cash or other assets is. The liquidity of crypto increases if that token is widely accepted, has a high trading volume and isn’t heavily restricted. Traders will benefit the most when the market is highly liquid. This happens because dealers and agents will have improved prices, as the quantity and size of the whole market participants can establish a fair commodity value, thus satisfying every player.

Best Cryptocurrencies to consider in 2024


Bitcoin is the largest digital currency by market cap and occupies that spot for a good reason. Over the past 14 years, Bitcoin has grown a lot and endured several price fluctuations, managing to have a better use case and widespread adoption. This is why plenty of people consider it one of the best crypto options and a must-have in a portfolio. Additionally, it is easy to see why Bitcoin is the most popular and the leader of the crypto space, as it has been around the longest and inspired all the other cryptocurrencies. Moreover, it benefits from most acceptance in the mainstream sector, and around the world, some countries consider it a legal tender. 


Ethereum is a good crypto option for both short and long-term investments. It represents the second-largest cryptocurrency by market cap and has brought plenty of innovations. It is not just a coin but a robust platform that provides users with more than peer-to-peer payments, as it is also an open-source network for decentralised applications and smart contracts. 

There are numerous reasons why people decide to invest in ETH. One is that it is a popular and important digital coin in the crypto space, and others are for the innovations it brings. For example, with the help of the Ethereum platform, you will have access to smart contracts, non-fungible tokens, Web3 projects, and dApps. The development through which the platform goes through will make the network more efficient than it already is. A critical step of this goal was the Merge, which made the platform more eco-friendly and enhanced the transaction processing times.


Tether is also a popular and more stable option, as it is a stablecoin with the value pegged to an external reference. This means this digital coin is backed by fiat money, like the dollar or euro. Tether is a good option as it is not characterised by volatility, which is one of the main disadvantages of the other cryptocurrencies.

Binance Coin

Binance coin is a digital currency issued by one of the most important crypto exchanges, Binance. Initially, it was based on the Ethereum network, but now the coin has its own blockchain. Binance coin is a fast-growing crypto and is a great alternative to invest in 2024. Because it has proven to be a sustainable digital asset, the future of this cryptocurrency looks promising. 


Cardano is a blockchain network that provides a sustainable, efficient and interoperable platform for executing smart contracts and building decentralised applications. It was designed to address some issues the other blockchain platforms dealt with, like sustainability, scalability and interoperability. Cardano has its own digital currency, ADA, and is a promising project with a strong community.

Concluding thought

Although the world of cryptocurrencies is dynamic, 2024 looks like it will be a good year for them so far. Giants like Ethereum and Bitcoin provide reliability, but other emerging projects can also bring numerous opportunities. However, if you are interested in investing in cryptocurrencies, you must be careful and do it wisely by considering the global economic trends, technological advancements and regulatory shifts. Cryptocurrencies are characterised by high volatility, so in this ever-changing space, success lies in self-discipline, diligence, adaptability and a solid understanding of emerging and traditional assets. 

Before investing in cryptocurrencies, understanding how cryptocurrencies work is very important. So, do your research, don’t rush, take time, and only after that you can invest. 

This article is part of a partnership with Binance. For partnering opportunities, contact [email protected]m or [email protected].

DISCLAIMER: Cryptocurrency is unregulated in the UK. The UK regulator, the Financial Conduct Authority, has repeatedly warned investors that they risk losing all their money if they buy cryptocurrency, with no possibility of compensation.

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