For greater profits over your holdings, cryptocurrency provides you with a significant scope of passive income. Yet it’s well-known that this market carries more substantial risks and is volatile. After all, every coin has two sides. Similarly, with over 20k+ crypto tokens available, finding one safe to invest in this year would be challenging. Here’s where, with a diversified investment portfolio and experience, we have narrowed down the best cryptocurrency for accelerating your returns.
7 Best Crypto to Invest Now in 2024
Here are the List of 7 Best Crypto for Accelerating Your Returns in 2024:
Our experts have carefully analyzed the markets, financial data, and related factors to specify the cryptocurrency yielding higher ROI.
Below-mentioned is a list of the same:
- 5thScape
- yPredict
- Bitcoin
- Matic
- Ethereum
- Tether
- Binance Coin
But what are the most apparent reasons, and what growth patterns do they show that make it clear to promise growth? Let’s dig into the details!
1. 5thScape
For those who don’t know, 5thScape is the newest player in the cryptocurrency world. With its token launch in its pre-sale at the beginning of 2024, investing in the token would provide you with a higher ROI.
Additionally, the platform has combined VR games with cryptocurrency, as investors could use the medium to buy them. Also, it would provide several benefits to its crypto holders.
Although it is in the Initial Coin Offering stage (ICO), Its price is progressing gradually and isn’t showing signs of decline, All thanks to its efforts in VR and massive success rates with more games launched in the industry. Its VR ecosystem is the reason why the cryptocurrency is increasing sharply.
By the end of the year, its price can rise to $0.10. So, it’s a safe opportunity for those amateur investors who aren’t ready to take greater risks.
Further, the investors who choose to invest in it at the beginning of its pre-sale would already unleash its advantage of a more significant ROI.
2. yPredict
If you had a lot of buzz about yPredict’s pre-sale and how it benefits its investors by soaring crypto values, then you did miss a chance. But things don’t end here.
If you are puzzled about investing in crypto like YPRED or any other, the platform leverages the latest AI mechanisms. Accordingly, it suggests data-driven insights that help you make sound investment decisions.
Talking about its prices, YPRED is projected to have a value of $1.20 by 2024 end and beginning of 2025. It indicates a positive growth graph with a surge in value. All of it, with assistance in making reliable trading decisions, makes the platform worth investing in.
3. Bitcoin
Bitcoin is the oldest and first cryptocurrency, with its entry in 2010. While it has become a legacy crypto coin, you would wonder whether it still provides high ROI.
Well, in 2024, Bitcoin’s value has continuously increased in recent months and is currently (as of February 2024) valued around $52,283. From Feb 2023 to 2024, its value jumped to approximately $20,000.
Additionally, comparing the expert analysis and various statistics, it’s projected to elevate around $62,000 by 2024. Hence, investing in 2024 would accelerate your returns. Those who bought a BTC in 2016 at $500 earn more significant profits.
4. Matic
When looking for a worthwhile crypto investment platform, various other factors also influence the ROI. One is the platform fees, which are pretty high for different popular crypto coins . Here’s where Matic proves a profitable deal in both terms.
Further, Matic’s growth graph, market cap, and related statistical analysis suggest stable growth over the years, which makes it a safe model to invest in. Though its price is volatile, the decline isn’t that sharp and involves minimal risks. Its value will triple in the upcoming years, roughly by 2030, and thus, you can gear up to accelerate profits with this cryptocurrency coin.
5. Ethereum
A cryptocurrency that finds its applications in various areas and grows in geometric progression. Ethereum is one such cryptocurrency that is highly sought after Bitcoin yet is somewhat underrated.
Whether it be DAO, Smart Contracts, NFTs, or more, ETH has applications in various domains. It’s another alternative to Bitcoin suitable for mediocre investors, with its current price (as of February 2024) around $2800.
Moreover, it doesn’t stop here; experts suggest that by 2030, Ethereum’s price will soar up to $40,000. This makes it safer to invest in for accelerated profits in the long term.
6. TetherBest
While concerned about investing in the volatile crypto markets, there are greater chances of risk and losses. Amidst all this, Tether is an innovative option to consider as it is also tied to fiat currency. It is less prone to crypto volatility.
Besides, you can trade it on the standard platforms and choose the best deals with lesser service charges for trading. Minor fluctuations occur, yet it would reach around $3.78-$4.00 in the coming year. So, it’s a viable option, but only for short-term gains.
7. Binance Coin
Amidst the highs and lows of the cryptocurrency market, every token has a working mechanism. Depending upon that, its market cap value and additional factors determine whether it would thrive for a short or long-term period.
Well, Binance, renowned like BTC and ETH, stands on a balanced edge where it would suffice you regardless of your investment type. Moreover, in the upcoming year, its price will increase by 180.35%, while the growth rate analysis of 2030 suggests a jump in value. It would make it almost double the cost compared to 2025.
Conclusion
Finding the best crypto to accelerate your returns in 2024 can be a daunting task. Yet, it’s always helpful to seek advice from a reliable expert, and we have aimed to help you with it.
Amongst all these, before deciding which platform to invest in, you should consider whether it’s for a short- or long-term investment. Accordingly, consider the risks you can take and thus choose the cryptocurrency wisely.
