Published
1 week ago on
June 13, 2024
Table of Contents
- Best Crypto to Buy Now for Your Portfolio Reviewed
- Base Dawgz - A Unique Multichain Meme Coin
- Sealana - A Highly Promising Meme Coin
- Bitcoin - The Largest Cryptocurrency in the world by Market Cap
- PlayDoge - Best P2E Doge Companion
- Ethereum - The Second Biggest Cryptocurrency by Market Cap After Bitcoin
- 99Bitcoins - Innovative Learn-To-Earn Cryptocurrency
- Solana - An Ultra-Fast Blockchain Platform for Decentralized Apps
- Mega Dice Token - The Number #1 GameFi Token on SOL
- Is Crypto a Good Investment Right Now?
- How Should You Build a Solid Crypto Portfolio?
- Buy Blue Chips And Cheap Cryptos
- Diversification
- Risk Management
- Final Word
With CPI and FOMC now wrapped up, investors are seeking out the best crypto to buy now and hold for the latter half of 2024. From Bitcoin to new cheap cryptos, every decision is crucial to put together the best altcoin portfolio.
In this guide, we have carefully crafted and thoroughly created a detailed review of the best crypto investment picks for the rest of 2024. To help you diversify your portfolio, we included a mix of the big caps like Bitcoin, Ethereum, and Solana and new cryptocurrencies currently undergoing their presale or ICO or early in their roadmap.
Best Crypto to Buy Now for Your Portfolio Reviewed
We have curated a top list of the best crypto buys for your portfolio in 2024. But to buy these cryptos, you must know first what’s the purpose of each crypto, and the predictions for the future.
In the section below, you can read a detailed review of each high potential cryptocurrency, including their most essential features and what distinguishes them from other projects, to discover which is suitable enough to be in your portfolio:
Base Dawgz - A Unique Multichain Meme Coin
First on our list of the best cryptos to buy for your portfolio in 2024 is Base Dawgz - a new meme coin that draws inspiration from base jumping and the Shiba Inu meme. This new meme coin recently launched its presale a few days ago, and it is already blowing up the scenes, with investors going wild for it.
Base Dawgz is built on the base network and there are already speculations that this meme coin has the potential to provide 100x returns to investors. Unlike other meme coins, this one is unique in the market because of its dog mascot, which can base jump between blockchains.
Base Dawgz is a meme coin that stands out for many reasons, one of which is its share-to-earn model feature. With Base Dawgz, active community members can earn points by sharing content and then convert these points into $DAWGZ tokens.
For investors who crave adventure and innovation, Base Dawgz is bringing you a unique multichain experience. This project aims to break boundaries and not only push them. Base Dawgz is a real gripper as it can leap across blockchains; it is like a base jump through blockchains, landing wherever you choose. You can seamlessly store and trade your $DAWGZ tokens on Ethereum, Solana, BNB Chain, and Avalanche.
The project has allocated 15% of its total token supply for marketing, aiming to boost its reach and influence. Additionally, 15% of the token has been set aside for the $DAWGZ tokens which will be awarded as rewards to those users who participate in its share-to-earn model. A further 20% has been allocated to the ongoing presale to ensure that a large amount of $DAWGZ tokens are distributed amongst early investors.
What’s more, Base Dawgz capitalizes on its huge community and the popularity of dog-themed meme currency. With a market valuation of $1.78 billion for basic meme coins and dog-themed coins topping the top rankings, $DAWGZ holds enormous potential.
Base Dawgz is currently in its presale phase, and one $DAWGZ is currently trading for just $0.00502, and you can purchase it in exchange for BNB, ETH, USDC, USDT, SOL, and AVAX. The token's price is expected to climb frequently, rewarding early investors.
This project has so far amassed a total of 2.5K followers on X.
Sealana - A Highly Promising Meme Coin
Second on our list is Sealana, a meme coin based on the Solana blockchain and one of the best cryptocurrency investments for 2024. Sealana is built on the Solana blockchain and follows the story of an American Redneck seal inspired by the South Park character, Gamer Guy.
A distinguishing characteristic of Sealana is its captivating tale and engaging narrative that sets it apart from other meme coins.
The Sealana presale has been highly successful so far, and has been live since the first of May but is now counting down to its end as the team has officially announced that the presale will wrap up on June 25th at 6 pm UTC. Sealana benefits from Solana's low transaction costs and fast speeds, making it an appealing choice for traders. The presale rate is currently 1 $SEAL for $0.022, providing an affordable entry point for early investors.
The presale has raised over $4 million which indicates strong investor interest. One $SEAL is currently trading for $0.022 and there are roughly about 14 days left until the end of the presale. To join the presale, you can send SOL to the specified wallet address or purchase directly from the Sealana website and purchase $SEAL in exchange for ETH, BNB, and USDT or directly through your bank card.
This project has a total of 10.5k followers. Follow Sealana on X.
Bitcoin - The Largest Cryptocurrency in the world by Market Cap
Third on our list is Bitcoin, tthe world's largest cryptocurrency by market capitalization and one of the most revolutionary projects in history. Discussions about whether Bitcoin will become the next global payment or just another passing episode continue. But if Bitcoin indeed becomes an integral part of the financial system, then any Bitcoin investment is a wise choice.
Technically, Bitcoin is a decentralized peer-to-peer cryptocurrency that was first proposed in 2008 and released in early 2009. It was invented by an anonymous individual using the pseudonym Satoshi Nakamoto, whose real identity is still unknown.
Many believe that Bitcoin is a revolutionary payment network and a new type of currency. It established the concept of blockchain and offers a fully decentralized digital currency that is exceptionally safe. It uses Proof-of-Work to make it extremely impossible to change the history of transactions or double-spend coins. Bitcoin also operates without a central authority or banks through peer-to-peer technology; the network manages transactions and issues bitcoins collectively.
Moreover, the network is protected by miners, who are rewarded with BTC coins for adding blocks to the Bitcoin blockchain. Bitcoin is open-sourced, which simply means that its design is public, and everyone can take part as it is not owned or controlled by anyone. BTC may be sent from anywhere in the globe at any time, and transactions cannot be blocked by intermediaries. Users can self-custody their Bitcoin by holding their private keys rather than relying on institutions like banks.
The most recent Bitcoin halving, which occurred on April 19, 2024, has also had an impact on Bitcoin, as halving occurrences limit the reward for mining, resulting in a fall in the amount of new coins entering circulation. This has increased Bitcoin's scarcity and caused BTC's price to rise.
Bitcoin has several benefits that made it secure a spot on our list and one of them is its payment flexibility. There are no bank holidays, borders, or bureaucracy, so bitcoins can be sent and received at any time and from anywhere in the globe. Bitcoin gives users ultimate control over their money.
There is no price to receive Bitcoins, and many wallets allow you to specify how much fee to pay when spending, so investors and users alike can set their costs. With Bitcoin, fees are unrelated to the quantity transferred, as you can send 20,000 bitcoins for the same fee as sending one bitcoin, although greater fees can encourage faster transaction completion.
Since its public launch in 2009, Bitcoin's value has exponentially increased. From being sold for approximately $140 per coin to its current live price of $ 67,203.03 per (BTC / USD), with a current market capitalization of $1,324.62 billion USD. Bitcoin's value has more than doubled in the last 12 months, outperforming other major cryptocurrencies. And it is surely one of the greatest cryptocurrencies to add to your portfolio in 2024.
PlayDoge - Best P2E Doge Companion
Coming fourth on our list is PlayDoge, which is currently one of the best meme coins to buy this June and also one of the best cryptos buys for your portfolio in 2024. This meme coin has severally been referred to as the best P2E Doge companion game by various crypto experts and analysts.
PlayDoge is a mobile play-to-earn (P2E) game that turns the popular Doge meme into a Tamagotchi-style virtual pet. This coin merges the 90s nostalgia with financial rewards, and players can care for their PlayDoge and ensure its well-being through timely feeding, entertainment, training, and sleep.
Players will earn $PLAY tokens to keep their PlayDoge healthy and complete mini-games. However, if your PlayDoge is not properly cared for, it may run away or die. So, to continue earning $PLAY prizes, you must stay involved and care for your pet. PlayDoge distinguishes itself with its unique blend of gaming and earning.
PlayDoge’s presale has raised over $4M so far, making it one of the most successful presales of the year. One $PLAY token is currently trading for $0.005, and you can purchase it in exchange for ETH, BNB, and USDT or directly through your debit or credit card. The project aims to raise $24.4 million through 40 rounds in its ongoing presale.
Follow PlayDoge on X.
Ethereum - The Second Biggest Cryptocurrency by Market Cap After Bitcoin
Ranking fifth on our list is Ethereum. Ethereum is a community-run technology that powers the cryptocurrency ether (ETH) and hundreds of decentralized apps. It is a system that enables digital money, worldwide payments, and applications. The community has built a booming digital economy, which is open to everyone, wherever you are in the world – all you need is the internet.
Most importantly, Ethereum is a blockchain that supports smart contracts, allowing for more advanced use cases like decentralized lending protocols and non-fungible tokens. Vitalik Buterin founded the Ethereum project and published its whitepaper in late 2013, and by July 2015, the Ethereum blockchain was established.
One of the first use cases offered by Ethereum that gained popularity was the ability to create bespoke tokens that could be transacted on the Ethereum blockchain. Many projects used this capability to raise funds through Initial Coin Offerings (ICOs) and other forms of token sales.
Ethereum already has a thriving ecosystem of decentralized applications, including decentralized financial services, NFT markets, publishing platforms, decentralized cryptocurrency exchanges, and more, making it one of the best cryptos to add to your portfolio in 2024.
ETH is the Ethereum blockchain's native asset, which incentivizes users to safeguard the network. The Ethereum network initially used a Proof-of-Work consensus mechanism but transitioned to Proof-of-Stake in September 2022.
Not only that, it is a cryptocurrency that promotes a more equitable financial system. Today, billions of individuals are unable to open bank accounts, and others have had their payments banned. Ethereum's decentralized finance (DeFi) system never sleeps or discriminates, and with an internet connection, you may transfer, receive, borrow, earn interest, and even stream funds from anywhere in the world.
Ethereum isn't just for digital money, it is the internet of assets. Anything you can own can be represented, traded, and put to use as non-fungible tokens (NFTs). You can tokenize your art and get royalties automatically every time it's re-sold. You can also use a token that you own to apply for a loan. The possibilities are constantly expanding.
The project has over 40,000 members on its ETH discord server and nearly 35K on X.
99Bitcoins - Innovative Learn-To-Earn Cryptocurrency
99Bitcoins comes sixth on our list and for a good reason. 99Bitcoins is considerably one of the best cryptos to buy for your portfolio in 2024. Since its inception, 99Bitcoins has been the most comprehensive online learning crypto resource. The project has recently launched its token, the 99Bitcoins token, which has been referred to as the future of learning to earn by several crypto enthusiasts.
With its new learn-to-earn token, 99Bitcoins is designed to reward individuals for learning about cryptocurrencies. The classic 99Bitcoins platform is integrating with BRC-20 to pioneer the L2E model on the Bitcoin blockchain, which is a good development since 99Bitcoins aims to pioneer the next evolution of rewards with Learn-to-Earn.
Since the BRC-20 token standard enables the building of dApps on top of the Bitcoin network, 99Bitcoins intends to leverage on it to create a synchronous Learn-to-Earn platform that rewards its users for learning about crypto. So for new traders who aspire to break into the cryptocurrency market, this is your go-to crypto as you can effectively kill two birds with it, learning while earning as well.
As a $99BTC token holder, you’re set to enjoy several exclusive benefits. You get to say goodbye to dull lectures and endless textbooks as 99Bitcoin utilizes interactive learning modules, quizzes, and tutorials to make the learning experience engaging and enjoyable. So it doesn’t matter whether you're a visual learner or prefer hands-on activities, as 99Bitcoins caters to all learning styles.
As a token holder, you have the opportunity to join a vibrant community of traders to maximize their profit potential. When you join this community, you'll gain access to expert crypto trading signals that will help give you the edge in a fast-moving market. You will also be able to interact with other traders, learn from like-minded individuals, share insights, and expand your cryptocurrency expertise.
The best part of it all is that even if you don’t have time to learn, you can still earn. So, if you don’t have time to learn like millions of investors out there, you can earn rewards for staking your $99BTC tokens. The project is set to airdrop $99,999 worth of Bitcoin to 99 community members who join the 99Bitcoins Learn to Earn revolution early.
The presale has currently raised a total of $2.1 million which indicates a rise in investors’ interest. One $99BTC is currently trading for $0.00109 and can be purchased in exchange for ETH, BNB, and USDT. You can also make your purchase directly with your credit or debit bank card.
This project has a total of 21.9k followers on X. Follow 99Bitcoins on X.
Solana - An Ultra-Fast Blockchain Platform for Decentralized Apps
Seventh on our list is Solana, a blockchain designed for mass adoption. It is fast, recyclable, environmentally friendly, and widely distributed. Solana is an open-source blockchain, which means that developers can use it in a variety of ways, from minting, selling, and trading nonfungible tokens to developing finance platforms such as decentralized crypto exchanges to building blockchain games, including Web3 games and partnering with big-name companies.
Solana is a blockchain network that is renowned for its speed and efficiency. SOL tokens are its native cryptocurrency, which is used to pay transaction fees. Since its launch in 2017, Solana has grown to become one of the largest cryptocurrencies in the world, making it the fifth-largest cryptocurrency by market capitalization.
Because the Solana blockchain supports smart contracts, developers can utilize it to create decentralized applications (dApps). One of the most exciting developments with Solana has been Solana Pay, a free-to-use payment framework that allows merchants to accept payments directly from customers through the Solana network. Payments are made using stablecoins such as USD Coin(USDC 0.01%), which are designed to maintain a stable price. By using Solana Pay, investors and businesses are like can avoid high payment processing fees.
This project has a total of 2.6 million followers on X.
Mega Dice Token - The Number #1 GameFi Token on SOL
Mega Dice is the last on our list of the 8 best crypto buys for your portfolio in 2024. Mega Dice is already a rapidly growing global crypto casino brand with over 50k players, 4k plus games from top providers, 50 plus sports and eSports, 10k plus active monthly players, and $50 million plus monthly wagering. Additionally, it was the first well-known, regulated casino to operate a Telegram store.
Mega Dice Casino has established a strong reputation as a top destination for cryptocurrency enthusiasts looking to enjoy a variety of games in a secure and fair environment. With years of experience in the industry, Mega Dice has established itself as a trusted brand and has previously been featured on reputable platforms such as Cointelegraph.
Mega Dice is the number #1 GameFi on SOL, and it has just released its new native token, $DICE, which is currently on presale. The launch of $DICE further solidifies Mega Dice's commitment to innovation and customer satisfaction. The presale is now live, offering investors an opportunity to secure tokens at an exclusive rate. This is your opportunity to be part of the future of gaming finance with Mega Dice and $DICE tokens.
Crypto gamblers know no other platform does it quite like Mega Dice. The new token has some interesting features and benefits that have heightened the interest of many investors so far. Mega Dice’s DICE token presents a fresh perspective that is easily distinguishable from other crypto-gambling tokens, and through its pioneering approach to token utility, DICE will nurture existing users while attracting new players.
For holders of $DICE that have their tokens staked, the project has introduced a kind of daily reward based on the performance of the Mega Dice casino. So now you can easily share in the success of one of the world’s fastest-growing online crypto casinos. You simply stake your $DICE and earn rewards for holding. There are also weekly cashback rewards of up to 15-50% just for playing with $DICE.
Also, if you’re not a big fan of playing games and you’re looking to earn, the refer-and-earn option is available in this project. You will get a 10% commission for every purchase your referral makes. Now is the ideal moment to take advantage of all the advantages that come with owning $DICE.
The $DICE token provides incentives such as exclusive access to new features, limited edition NFTs that can be swapped for special rights and prizes, early bird bonuses, and a referral program. It's not surprising that the presale is so popular.
Currently, a total of 20.5 million $DICE has been bought by investors, and the presale has raised over $1.4 million. One $DICE is currently trading for $0.075 and can be bought in exchange for SOL, ETH, USDT, BNB, and more recently with TON.
Follow Mega Dice on X.
Is Crypto a Good Investment Right Now?
So, the big question - Is it a good time to buy cryptos right now? As it seems now, as we enter the second half of 2024, investing in cryptocurrencies has the potential to yield significant profits for several reasons. The crypto market is currently on an uptrend, with various cryptocurrencies experiencing significant growth. This upward trend since the beginning of the year is driven by various factors.
First, the increasing mainstream adoption.
Several cryptocurrencies are gaining mainstream acceptance with more and more businesses and individuals using them for transactions and investments. Major corporations like Tesla, Microsoft, and Coca-Cola are now accepting cryptocurrencies as a payment method, which means that more and more companies and individuals are recognizing cryptocurrencies’ potential for efficient and secure transactions.
Individuals are using cryptocurrencies for everyday purchases, and more people are also leveraging cryptocurrencies for long-term savings and investment strategies, attracted by their potential for growth. Many leading platforms like PayPal, Square, and Venmo now offer cryptocurrency integration, which makes it easier for users to buy, sell, and hold digital assets.
Even small business owners can now receive payments with cryptocurrencies like Bitcoin from customers worldwide without worrying about cross-border fees. Freelancers from any part of the world can now receive their payment in Ethereum, enjoying faster and cheaper transactions compared to traditional methods. Moreover, cryptocurrency ETFs have a huge impact on the growth of Bitcoin and the crypto market in general.
This leads to discussions of Bitcoin becoming the new global currency and the speculations, once again, of Bitcoin reaching $100k and higher. Moreover, the YTD of the cryptocurrency total market cap stands at nearly 50%.
What’s more, the limited supply and increasing scarcity have also been major factors in the crypto's rise since the beginning of the year. The crypto market is heavily driven by the Bitcoin halving cycle, which occurred in April 2024. Historically, Bitcoin and crypto prices have tended to rise in the years since Bitcoin halved.
Bear in mind that most cryptocurrencies have a fixed token supply, which means that only a set amount of coins will ever exist. This limited supply creates a sense of scarcity, driving up demand, which in turn causes an increase in prices and makes each coin or token more valuable. Many cryptocurrencies, like Bitcoin, Ethereum, etc, have a predetermined maximum supply, and this capped supply reduces the risk of inflation, as there is no possibility of excessive coin creation. The combination of limited supply and increasing scarcity creates a perfect storm of demand, driving up prices and making cryptocurrencies an attractive investment opportunity.
So, overall, investing in cryptocurrencies can be a good decision right now, but it all depends on your personal goals. Although the reasons above can certainly convince people to invest in cryptocurrencies, it’s important to remember that the crypto market is highly volatile. This means you must do your own research before any purchase you are planning to take, and understand all the implications of crypto investments.
How Should You Build a Solid Crypto Portfolio?
With the cryptocurrency market booming and new investors flooding in daily, the importance of building a strong crypto portfolio cannot be overstated. Building a well-balanced cryptocurrency portfolio necessitates a deliberate approach, and in this section, we describe numerous methods for doing so. Here are some ways you can build a healthy cryptocurrency portfolio:
Buy Blue Chips And Cheap Cryptos
Whatever your risk tolerance, every strong crypto portfolio should begin with allocations to the industry's "blue chip" assets, such as Bitcoin and Ethereum. These top initiatives have the liquidity, adoption, and long-term viability to serve as the foundation for any portfolio.
Bitcoin is the original and most valuable cryptocurrency, serving as both a store of value and digital gold. Ethereum is the dominant blockchain platform for decentralized applications, enabling the development of entirely new ecosystems such as decentralized finance (DeFi).
Bitcoin and Ethereum account for more than 60% of the total cryptocurrency market capitalization. As such, they should serve as the foundation of your portfolio before you add any additional cryptocurrency exposures. In addition, investing in cheap cryptocurrencies during their presale phase is critical because you never know which coin may burst later on; therefore, it is important to acquire cheap cryptocurrencies.
Diversification
Investing in cryptocurrency offers benefits that go beyond merely purchasing and retaining individual coins. Other sorts of cryptocurrency assets that you can learn about include smart contract platforms, decentralized finance (DeFi) protocols, layer-1 and layer-2 scaling solutions, Web3 infrastructure plays, stablecoins, and metaverse/NFT assets.
In addition to BTC and ETH, your portfolio could also include Solana (smart contracts), 99Bitcoins, Base Dawgz, Sealana, and Mega Dice Token. This diversification helps protect you against a single project or failure in the crypto industry. Diversifying your portfolio across various crypto assets greatly lowers your overall risk. This way, you aren't overly dependent on a single form of investment or project.
Risk Management
Set a budget, diversify your portfolio, and never invest more than you can afford to lose. Before purchasing any coins, consider your motives and risk tolerance for cryptocurrency investing. Are you planning to invest for long-term growth of 8-15 years or more? Or do you intend to actively trade and compound in the short term? How much capital do you feel comfortable risking throughout your whole portfolio at any given time? What percentage allocation limitations will you establish per asset?
By identifying these factors ahead of time, you'll be able to create a portfolio plan that corresponds with your unique goals while avoiding excessive risk. Those wanting maximum upside may invest in higher-risk altcoins, whilst investors seeking capital preservation may focus primarily on Bitcoin and Ethereum. So, from the beginning, explain your objectives clearly.
Final Word
To sum up, the cryptocurrency market is currently experiencing an uptrend, with many major cryptocurrencies experiencing exponential growth. This has prompted both existing and new investors to diversify their portfolios. However, with thousands of cryptocurrencies to choose from, it can be tough to establish how to build a robust crypto portfolio that aligns with your investment goals and risk tolerance.
In this guide, we've compiled a list of the eight best top cryptos to add to your portfolio in 2024, as well as some reasons why investing in cryptocurrency today is a wise decision. So, whether you're just getting started or want to upgrade your portfolio, these cryptocurrencies are worth considering.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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