9 Best Crypto to Buy in 2024 with a Potential for 30x Returns

As the crypto market continues to evolve, investors are always in pursuit of the best coin to invest in. The Q4 of 2024 promises exciting developments, with several new coins launching and a few of the already listed altcoins being cheap. In this article, we are going to explore the best cryptocurrencies poised for a significant 30x return. Whether you're looking for the latest crypto 30x news or review, we have you covered. Our crypto 30x prediction highlights promising projects across various sectors, from the leading DeFi tools to the best Layer 2 solutions. Stay ahead of the curve with our insights into cryptocurrency fundamentals and discover how the right investment choices can impact your portfolio. Let's dive into our top picks for 2024 and uncover the best cheap crypto to buy now, crypto 30x price predictions, and the key factors that will drive the surge in these cryptocurrencies.

Which crypto will deliver 30x gains in 2024? Review of 9 Projects

• Solana ($SOL) - third largest Layer 1 blockchain, with more than $70 billion Market Cap and a rapidly growing ecosystem.
• zkSync Era ($ZK) - a leading Layer 2 scaling solution that scales Ethereum with cutting-edge ZK tech.
• goodcryptoX ($GOOD) - an advanced trading bot platform designed to simplify and automate DEX trading. 
• Zephyr ($ZEFY) - the first decentralized prediction market on Solana.
• Immutable ($IMX) - a Layer 2 solution for NFTs on Ethereum.
• Celestia ($TIA) - a modular blockchain network designed to optimize scalability and flexibility.
• Jito ($JTO) - the #1 liquid staking protocol on Solana, boasting the largest total value locked (TVL).
• Ethena ($ENA) -  a native governance token of synthetic dollar protocol ($USDe) built on Ethereum
• io.net ($IO) - an AI processing platform that uses underutilized GPU resources to provide cost-effective, scalable computing power.

These nine cryptocurrencies can potentially deliver a 30x return in 2024. Here are the reasons why. Solana is the main competitor of Ethereum with the potential to outperform it. Also, it’s the main candidate for the next ETF approval in the US. Additionally, most retrodrop cryptocurrencies listed on exchanges have seen substantial gains following the airdrop sell-off. We have also examined and added new projects that have the potential to deliver up to 30x profit after the coin launch. Most of these altcoins are currently undervalued due to seasonality and are set to massively soar as they establish solid trend support lines. It makes them the best cheap crypto to buy now.

Solana ($SOL) 

The market is shifting toward decentralization, as DEX trading volume steadily increases in 2024, reaching new heights. Solana, a high-performance L1 blockchain, has significantly contributed to this transition, with its DEXs trading volume surpassing Ethereum’s for the first time in history at the beginning of July 2024.

According to DefiLlama, Solana's share of DEX trading volume surged to 23.12% in August 2024, up from just 1.89% in the same month the previous year.  

By utilizing the Proof of History (PoH) combined with the underlying proof-of-stake (PoS) consensus mechanism, Solana is capable of processing up to 50,000 transactions per second, as opposed to 30 or fewer for Ethereum L1. With block times of just 400 milliseconds, Solana stands out as one of the fastest blockchains currently available. Moreover, transaction costs are remarkably lower than on Ethereum, at about $0.00001 each.

The Solana ecosystem has seen substantial growth and rapid adoption since the launch of its mainnet beta in 2020, evolving into a robust and sustainable environment for over 300 dApps and 3.5 million unique wallet addresses (UWAs). Solana's fast transactions and scalability empower developers to build cutting-edge decentralized applications (dApps). Its ecosystem is home to advanced DEXs like Raydium and Jupiter and NFT marketplaces, like Magic Eden or Tensor. 

Solana is backed by top-tier financial giants in the industry. Solana raised $20 million in a Series A round led by Multicoin Capital in 2020. A year later, Solana Labs, the developer of the Solana blockchain, raised $314.15 million in a private token sale round led by Andreessen Horowitz (A16z) and Polychain Capital

Solana meme coin season

The crypto community creates a ton of meme coins daily. Pump.fun, Solana memecoin deployer, has generated a record $5.3 million in revenue earlier this week, by simply charging a 1% fee on all trades that occur on its platform. It’s more than the top Ethereum, Solana, and Tron combined. With the risks involved while trading new memecoins, a chance for quick gains brings liquidity and huge trading volume to DEXs. Solana blockchain's incredible speed and low fees have established Solana as the go-to blockchain for sniping meme coins. According to Coingecko, the Solana meme coins market cap today is $5.9 Billion. Despite the enormous amount of memecoins created via pump.fun, less than 2% are successfully launched though.

Successfully launched coins via pump.fun. Source: Dune

That’s why we recommend prioritizing fundamentally strong projects within the Solana ecosystem instead of pursuing quick profits. 

Solana ETF: expanding investment opportunities

The introduction of the Solana Exchange-Traded Fund (ETF) marks a significant milestone for blockchain mass adoption, providing traditional investors with a regulated and straightforward method to gain exposure to Solana's price movements without directly owning the cryptocurrency. Solana is following in the footsteps of Bitcoin and Ethereum, both of which had their ETFs launched earlier this year.

With the approval of the U.S. Securities and Exchange Commission (SEC) on January 10, 2024, Bitcoin ETFs have experienced significant growth. According to Farside Investors, net cumulative inflows have exceeded $17 billion since their launch. This remarkable inflow underscores the robust demand for regulated investment vehicles in the crypto market.

On August 8, Brazil’s Securities and Exchange Commission (CVM) approved the launch of a Solana-based ETF, setting a precedent for other jurisdictions. This exciting news signifies growing institutional interest in the blockchain around the globe. This approval of the Solana ETF contributes to the further adoption and growth of the Solana blockchain within the financial markets. Furthermore, the upcoming U.S. elections are apt to impact the chances of approval of several ETF filings by the SEC, such as VanEck's.

Solana ($SOL) token utility

$SOL serves as the native utility token for the Solana ecosystem and is key to the network's functionality. $SOL is primarily used to pay for transaction fees on the network, ensuring smooth and efficient operations across the blockchain. A fixed proportion (initially 50%) of each transaction fee is burned, reducing the overall supply over time. This deflationary mechanism helps offset the inflationary issuance of new tokens, contributing to long-term value stability.

Additionally, $SOL is used for staking, allowing users to participate in securing the network and earning rewards in return. The token’s inflationary design features a decreasing supply over time, with an initial inflation rate set at 8%, intending to achieve a long-term inflation rate of 1.5%. 

A large portion of the SOL issued via inflation will be distributed to stakeholders based on the SOL they have staked. The goal is to ensure reasonable staking yields both for token holders who delegate SOL and for validation service providers.

Although Solana's governance is currently centralized, there are plans to enable decentralized governance models in the future.

Creating and launching a new token on the Solana blockchain requires $SOL to pay network fees for various steps such as minting the token and setting it up. This process is essential for every new project on Solana as it directly drives demand for $SOL, being necessary for establishing any token on the network.

Solana ($SOL) price prediction

In Q4 of 2024, Solana continued its ecosystem expansion, as increased adoption and growing institutional interest may positively impact the $SOL price. Fundamental analysis suggests that Solana is poised to reach an all-time high soon, making it an attractive long-term investment.

The community actively participates in liquid staking, expecting Solana to increase its value over time. Solana is currently the third largest L1 blockchain, ranked #3 by total value locked (TVL). As of August 2024, Solana's TVL stands at $4.891 billion, according to DefiLlama. TVL in Solana has seen a significant increase, reflecting investor’s confidence in the network. TVL aggregator also reports that 156 protocols are operating on Solana, with more than one million active addresses registered on the L1 blockchain. Despite the decline in the NFT sector, Solana maintains the #1 spot with a trading volume of more than $3.2 million. On-chain data shows strong activity, with increasing transactions, active wallets, and staked tokens on the Solana blockchain.

Notably, most of the tokens, 665 million $SOL (89.87%), have already been unlocked. This has led to minimal selling pressure from early investors who acquired Solana coins for less than a dollar.

Solana solidified its position in the crypto market in 2024, drawing in a wide range of projects to L1 blockchain, including a new wave of meme coins that have taken the market by storm. Solana meme coins season has further solidified its position as the #1 fastest-growing blockchain. The combination of high transaction speeds, low fees, and robust infrastructure makes Solana an ideal platform for developers and investors alike. Analysts are optimistic about the project’s future, with many predicting a substantial $SOL price surge. This optimism is also fueled by circulating rumors about the potential launch of a Solana ETF, as it would significantly boost institutional interest and investment in Solana, further driving up the demand and price of $SOL.

zkSync Era ($ZK)

zkSync Era is a Layer-2 protocol designed to scale Ethereum using cutting-edge Zero-Knowledge (ZK) technology. By leveraging zk-rollups, zkSync enhances Ethereum’s scalability, significantly reducing transaction fees and increasing throughput without compromising security. zkSync Era supports EVM-compatible smart contracts, allowing developers to deploy and interact with smart contracts as they would on the Ethereum mainnet. This innovative approach positions zkSync as a powerful solution for the growing demands of decentralized applications (dApps) and the broader crypto ecosystem.

zkSync ecosystem is rapidly expanding, with 261 dApps spanning DeFi, NFTs, and beyond. The zkSync bridge facilitates easy asset transfers between Ethereum and zkSync networks, while the zkSync swap allows for quick and cost-effective coin exchanges within the ecosystem. 

zkSync has successfully raised a total of $458 million across multiple funding rounds. Some of the top investors and backers of zkSync include notable names such as a16z (Andreessen Horowitz), Dragonfly Capital, Placeholder, and Union Square Ventures. This significant financial backing positions zkSync for continued growth and expansion within the Layer-2 scaling solutions space.

zkSync ($ZK) token utility

The zkSync native token, known as $ZK, has several utilities within the zkSync ecosystem. 

• Governance:

zkSync provides governance rights to $ZK token holders through ZK Nation and the zkSync Token Assembly. 

• Ecosystem Initiatives:

A portion of the $ZK supply is allocated to fund ecosystem development initiatives. These initiatives could include grants for developers building applications on zkSync, encouraging innovation, and supporting the zkSync ecosystem growth.

• Discounted Transaction Fees:

$ZK coin holders may receive discounts on transaction fees within the zkSync network.

• Staking and Security:

zkSync community could soon have the opportunity to earn rewards by locking up their tokens.

zkSync ($ZK) airdrop

zkSync airdrop has generated significant buzz within the community, offering a lucrative opportunity for active adopters of the (ZK) technology in its early stages. This initiative involved both testnet and mainnet users of zkSync Era. During the airdrop campaign, 17.5% of $ZK total supply (21 billion tokens) was distributed to users. 

Airdrop Distribution Structure:

• 89% of the airdropped tokens were distributed to zkSync users who had conducted transactions on the zkSync blockchain and met specific activity threshold criteria. 
• 11% of the remaining tokens were distributed to contributors of the ecosystem, including zkSync native projects (5.8%), on-chain communities (2.8%), and builders (2.4%).

The recent zkSync ($ZK) airdrop has led to a surge in engagement within the zkSync ecosystem. The excitement surrounding the airdrop has heightened expectations for the widespread adoption of the zkSync L2. The project shows robust growth, driven by its cutting-edge technology and unwavering community support. However, after reaching the height of $0.321 on the first day after listing, the price of $ZK fell considerably, as the market started a correction path. A recent price drop has positioned ZK coin as one of the best cheap crypto to buy now, with a huge profit potential as the trending L2 altcoins recover and $ZK has established a support level.

zkSync ($ZK) price prediction

$ZK is essential to the zkSync ecosystem, serving as a medium for transactions, staking, and governance. Due to the increasing adoption of zkSync and its technological advancements, analysts have a positive outlook on the future of ZK coin. Predictions suggest a substantial increase in its value as more protocols and users migrate to zkSync L2, benefiting from its low fees and high scalability.

According to DefiLlama, the TVL of zkSync is $77.92m. 

• zkSync is ranked #126 with the total market cap of $ZK standing at over $390 million.
• $ZK ATH (all-time high): $0.321 
• $ZK ATL (all-time low): $0.0830 

zkSync token has recovered from its all-time low by about 40%, showing a strong support level from which the ZK coin could deliver substantial gains.

It’s important to notice that the Next Unlocking Event of $ZK is more than 300 days from the day of writing. Interestingly enough the data reported by the DropsTab shows that tokens allocated to the team and investors are yet to be unlocked. This further confirms the confidence of early investors in the zkSync project.

In conclusion, zkSync Era mainnet launch marks a significant step forward in blockchain scalability with Zero-Knowledge technology. Its expanding ecosystem and strong on-chain metrics make $ZK one of the best cheap crypto to buy today. 

goodcryptoX ($GOOD) 

goodcryptoX is poised to revolutionize decentralized trading by offering cutting-edge tools and features currently unmatched in the market. Unlike existing solutions, which often suffer from limited functionality and questionable security, goodcryptoX stands out with its innovative trading capabilities, driven by Account Abstraction technology. 

goodcryptoX is the next-generation non-custodial DEX trading platform introduced by GoodCrypto, a top-tier CEX trading terminal and portfolio management app. With its advanced AI-powered tools and integration of Smart Contract Wallets, goodcryptoX provides its users with a top-level DEX trading experience. 

Backed by prominent investors such as Fenbushi Capital, GSR, and Cointelegraph, goodcryptoX successfully raised a total of $2,112,500. Prior to the launch of the $GOOD coin, the native utility token of goodcryptoX, a prominent DEX trading platform, has successfully forged a partnership with the decentralized fundraising platform Magic (Square) Launchpad and Ape Terminal. 

On August 20th, a remarkable opportunity was presented as numerous investors participated in the goodcryptoX Token Sale, securing $GOOD tokens at a lower price compared to the IDO price during the Early Access Token Sale (EATS) on Magic Launchpad. Download the goodcryptoX mobile app to effectively implement sophisticated trading strategies on DEXs, and follow GoodCrypto on X (Twitter) to stay updated on the upcoming $GOOD Public Rounds on Magic Launchpad and Ape Terminal. 

goodcryptoX advanced features

goodcryptoX stands out for its comprehensive range of advanced trading tools designed to maximize trading efficiency and profitability. The platform offers a large-scale of AI-powered trading bots, including Copy Trading, Gem Sniper, Grid, and DCA bots, all of which allow traders to execute sophisticated strategies with ease. The integration of Smart Contract Wallets and ERC-4337 Account Abstraction ensures a secure, non-custodial trading experience where users maintain full control over their funds. The platform also includes advanced DEX trading features such as Limit and Trailing orders, Take Profit and Stop Loss Combos, and market screeners with automatic buying capabilities, further enhancing the trading experience.

goodcryptoX ($GOOD) token utility

The $GOOD token is central to the goodcryptoX platform, offering multiple benefits to its holders. 

• Revenue Sharing allows token holders to receive up to 50% of goodcryptoX's revenue, creating a lucrative incentive for participation. 
• Trade Mining rewards users with $GOOD for trading on both DEXs and CEXs via the platform. 
• Additionally, holding $GOOD unlocks up to a 50% discount on DEX swap fees, incentivizing long-term holding and participation. 
• As a governance token, $GOOD gives holders the power to vote on platform features, chain integrations, and exchange additions, ensuring that the community has a voice in the platform's development.

goodcryptoX ($GOOD) Tokenomics

goodcryptoX has designed a comprehensive tokenomics structure to ensure the sustainable growth and long-term value of $GOOD. With a capped total supply and a portion of transaction fees allocated to a burn mechanism, the circulating supply of $GOOD tokens will decrease over time, creating deflationary pressure that may drive up the token’s value. 

Furthermore, goodcryptoX’s innovative approach to incentivizing liquidity providers and traders with $GOOD rewards should engage the participation of an active user base, enhancing the overall utility and demand for the token. Overall, the platform's incentive structures are crafted to encourage long-term holding and participation, while its revenue-sharing model and swap fee discounts create a continuous demand for the goodcryptoX native utility token.

As the native token launch approaches, users are actively participating in goodcryptoX automated trading to accumulate points, with a great chance to earn bounties as 1% of the total supply (10,000,000 $GOOD) will be airdropped to the most active users. Don’t miss a chance to benefit from the platform's growth and success!

goodcryptoX ($GOOD) price prediction

The upcoming $GOOD Token Presale ahead of TGE marks a significant advancement in the goodcryptoX ecosystem and is expected to capture the attention of traders seeking innovative DEX trading solutions.

goodcryptoX fills a significant gap in the market, providing users with a secure, user-friendly environment to engage in automated and efficient trading. With a strong foundation and innovative features, goodcryptoX is well-positioned to capture a significant share of the DEX trading tools market upon its official token launch.

After the first Funding Round (Token Presale), the goodcryptoX native utility token will be available for purchase on the Magic Launchpad Premarket (OTC) platform, providing early investors with an additional opportunity to secure $GOOD coins.

Overall, the well-planned Public Rounds on both Magic Launchpad and Ape Terminal are driving the community's attention to $GOOD, increasing its value as more participants join the goodcryptoX ecosystem. The strong utility of $GOOD positions it as the best new crypto to invest in with the potential for substantial gains as the platform continues to add cutting-edge features and expand its reach.

The platform's comprehensive utility and lucrative incentive are expected to drive significant demand for the $GOOD token. As more users adopt goodcryptoX and leverage its advanced trading tools, the value of $GOOD is poised to increase, making it a candidate for the next crypto 30x return on investment for Q4 2024. Investors looking to capitalize on this opportunity should consider participating in these early stages, as $GOOD is poised for a significant surge once it is available for trading on CEXs and DEXs.

Zephyr ($ZEFY)

The global prediction market is rapidly gaining traction, fueled by the growing interest in blockchain-based prediction platforms and the demand for greater transparency and security. As Zephyr gears up for its token launch, it holds the potential to become a dominant force in this sector.

Zephyr is the first decentralized prediction market on Solana. With Polymarket being the only major player in the space, Zephyr is well-positioned to capture a large share of the growing decentralized prediction market. Leveraging both AI-driven and user-generated prediction pools, Zephyr provides a dynamic and versatile prediction platform for making informed forecasts on crypto, gaming, politics, and more topics. This advanced platform is set to make a significant impact on the prediction markets, enabling comprehensive and user-friendly pools that ensure fair competition for all users.

Zephyr has shown strong initial success in its fundraising efforts. Notably, the project's $100.000 whitelist round was closed within an hour after its launch, indicating Zephyr’s strong fundamentals and support from investors.

At the time of writing, the first public presale round is currently underway, and it has already raised more than half of its target on the first day, further demonstrating the community’s confidence in the project ahead of the $ZEFY coin launch.

Zephyr advanced features

Zephyr offers two types of prediction pools: AI-Generated Pools and User-Created Pools. The platform’s AI pulls from the most viral topics across Web2 and Web3, generating engaging prediction pools. In addition, users, including retail participants, crypto projects, and influencers, can create customized pools, which can be public or private. Zephyr’s prediction mechanism is designed to prevent the influence of whales or early bids, fostering a fair and competitive environment. This decentralized marketplace allows users to participate in a specific pool according to their budget, providing a level playing field.

Zephyr ($ZEFY) token utility

The anticipated $ZEFY token will serve as the backbone of Zephyr’s ecosystem, offering a range of utilities that enhance user engagement and platform functionality.

Key use cases for $ZEFY include staking, fee discounts, and governance. Revenue Sharing allows eligible $ZEFY stakers with a minimum of 10,000 tokens to receive 50% of guess fees and token taxes. The Transaction Tax Deduction mechanism starts with an initial 2% tax at launch and will be reduced to 1% after six months and 0% after one year, with 10% allocated for token burning and 50% for a fair distribution to holders. $ZEFY Staking allows users to earn flexible rewards with a lock-in period of 60, 180, or 365 days.

Additionally, $ZEFY tokens will be used to generate Community Prediction Pools, access VIP Pools, and purchase Weekly Passes to follow MVP (copy the moves of top predictors of the week). The token also provides Exclusive Analytics Reports for coin price predictions and trends. Monthly rewards are given to leaders who stake $ZEFY tokens.

Staking $ZEFY could allow users to earn rewards, while fee discounts might incentivize frequent participation in prediction markets. Additionally, $ZEFY is expected to grant holders governance rights, enabling them to vote on key platform decisions, such as the introduction of new markets or the distribution of rewards, thereby fostering a community-driven approach to the platform’s development.

Zephyr ($ZEFY) Tokenomics

Total Supply: 1 billion $ZEFY

• Pre-sale round: 35.00%
• Team: 10.00%
• Community Rewards (Ecosystem incentives): 15.00%
• Liquidity & listings: 15.00%
• Treasury: 15.00%
• Marketing: 10.00%

Zephyr’s tokenomics is designed to ensure sustainable growth and long-term value for $ZEFY holders. The total supply of $ZEFY will be capped, with mechanisms in place to gradually reduce the circulating supply, such as a token burn program funded by transaction fees. This deflationary mechanism could create additional upward pressure on the Zephyr coin price. This well-planned token distribution ensures that Zephyr has all the resources needed for long-term development and market expansion.

Moreover, a portion of the $ZEFY token supply is allocated to incentivize early adopters, further engaging participation in activities, such as Zephyr Community Campaign. 

Zephyr ($ZEFY) price prediction

Zephyr's tokenomics are designed to provide early investors with a significant profit potential right from the start. The pricing structure is arranged in tiers, offering those who enter the pre-sale rounds an immediate opportunity to achieve up to 2x returns on their investment. Specifically, the price in the first Pre-Sale Round (whitelist round) is set at $0.005, and it increases by $0.0005 with each subsequent round. By the time the Public Round is reached, the price will have risen to $0.01, reflecting a valuation of $10 million.

This structure provides investors who acquired $ZEFY during the pre-sale rounds, with the potential for a 2x return depending on how early they bought. Additionally, the listing price on exchanges may be set even higher than the price of the last round, further enhancing the profit potential.

Considering that Zephyr is the first prediction market on Solana and has an innovative and working product with an active community, the valuation of $10 million seems relatively low. This undervaluation is further emphasized by the fact that Zephyr operates in a rapidly growing decentralized predictions market, with only one major competitor - Polymarket.

The structured tokenomics, along with the expansion of decentralized prediction markets, positions Zephyr as one of the cheapest crypto coins with the potential for becoming the next crypto 30x ahead of its Token Sale and listings on major exchanges. 

Celestia Crypto ($TIA)

Celestia is the first modular blockchain network designed to revolutionize blockchain deployment, allowing anyone to launch a blockchain with minimal overhead. Unlike traditional monolithic blockchains that merge all functions into a single layer, Celestia separates the execution layer from the consensus layer, addressing scalability challenges. This modular design enables components like the data availability (DA) and consensus layers to operate and upgrade independently, enhancing network efficiency and flexibility. A key innovation, Data Availability Sampling (DAS), ensures the accessibility of data needed for transaction validation, significantly boosting network security and scalability. This approach simplifies blockchain deployment and makes networks more adaptable and scalable, catering to a broader range of developers and projects.

The Celestia Foundation has successfully secured $55 million in support from rounds led by Bain Capital Crypto and Polychain Capital, with participation from Placeholder, Galaxy, Delphi Digital, Blockchain Capital, and other prominent investors.

Celestia ($TIA) token utility

Celestia's native token, $TIA, plays a crucial role in the network's operations and governance. Here’s how $TIA is utilized:

• Paying for Blobspace:
  $TIA is used by developers to pay for "blobspace," the data availability layer on Celestia. Rollup developers submit PayForBlobs transactions, paying fees in $TIA, making it essential for network operations.
• Bootstrapping New Rollups:
  Developers can launch new blockchains using $TIA as a gas token and currency, similar to $ETH used on Ethereum-based rollups. 
• Proof-of-Stake Security:
  Celestia secures its consensus through a proof-of-stake mechanism. Users can stake $TIA by delegating it to a validator, earning rewards while helping to secure the network.
• Decentralized Governance:
  Staking $TIA enables participation in decentralized governance, allowing users to vote on key proposals and manage the community pool, which receives 2% of block rewards.

The utility of the $TIA token extends to securing the network and participating in governance decisions, making it an integral part of the Celestia ecosystem.

Celestia ($TIA) airdrop

One of the standout aspects of the success of Celestia coin launch is its generous airdrop, which has created significant buzz in the crypto community. The initiative underscores Celestia's dedication to inclusivity and community-driven development, rewarding not only its network participants but also early adopters of the top 10 Ethereum rollups by TVL. 

Celestia airdrop is an integral part of the Celestia team's strategy to distribute their native token. The Celestia team allocated 60 million $TIA (7.44% of total supply) for Genesis Drop & Incentivized Testnet. 

After the end of the airdrop claiming period, Celestia successfully launched Mainnet and the $TIA native token on 31 October 2023, marking the operational start of its modular network. The Genesis Drop and Incentivized Testnet allocation ensured the broad distribution of the Celestia coin, fostering engagement and network security. 

Celestia ($TIA) crypto price prediction

With its diverse utility, decentralized governance, and strategically planned token allocation, $TIA empowers developers and users alike, driving innovation and growth within the Celestia ecosystem. Many analysts mark $TIA a cheap crypto considering its innovative modular blockchain network and unique technology.

• Celestia is ranked #59 with the total market cap of $TIA standing at over $1 billion.
• $TIA ATH: $20.85
• $TIA ATL: $2.08

In February of 2024, Celestia headlined many gainers sections of CEXs, after almost delivering an unbelievable 8x since listing on Binance in Q4 of 2023. Since then, $TIA seems to have found a strong support level, after a huge 80% correction. Will Celestia be able to surprise bears again in Q4 of 2024? 

According to DropsTab, the Next Unlocking Event will occur in less than 75 days. It will be the first unlock for Initial Core Contributors and Series A&B, Seed Round investors. Overall, only 26,7% of the total supply is unlocked. The unique modular design and growing adoption are key factors contributing to the optimistic Celestia crypto price prediction. As more developers leverage Celestia’s capabilities, many experts expect a positive trajectory for the $TIA token price. The demand for the Celestia coin keeps increasing as the platform garners more traction, which will eventually lead to a substantial rise in the value of $TIA.

Jito ($JTO)

Jito is the largest decentralized Solana-based liquid staking protocol with a TVL of $1.8 billion, according to DefiLlama. Jito Network’s JitoSOL is also a #1 liquid staking token (LST) provider , with more than 12 million $SOL staked. Jito boosts the Solana ecosystem by enabling users to stake their $SOL tokens and receive JitoSOL tokens in return, maintaining liquidity while earning staking yield. Currently, JitoSOL offers an APY of 8.4%, as highlighted by the Jito Foundation's latest statistics. Source: Jito Network Stats

Jito offers substantial benefits by distributing rewards from Maximal Extractable Value (MEV) transactions. This JitoSOL pool is designed to maximize rewards by integrating both staking yields and MEV rewards. Users initially receive a 1:1 exchange rate of SOL to JitoSOL, which increases as rewards accumulate over time. 

Being the number 1 liquidity staking protocol on Solana, Jito Labs, a crypto startup building infrastructure to mitigate the negative impact of MEV on Solana, has managed to raise $10 million in a Series A funding round, as the first valuation of the project is expected to be much higher.

Jito ($JTO) token utility

The $JTO native token primarily serves as a governance token within the Jito network. Holders of $JTO coin can vote on proposals that influence the key operational and strategic decisions.

JitoSOL Stake Pool Management:

• Setting and Modifying Fees: Holders of $JTO determine and adjust the fees associated with the JitoSOL staking pool, ensuring optimal operation and profitability.
• Updating Delegation Strategies: The Jito community can also influence the delegation strategies within StakeNet, directly impacting how staked assets are managed.

DAO Governance:

• Treasury Management: $JTO token holders can manage the DAO treasury, allocating fees from the JitoSOL staking pool. 
• Product Development: $JTO token allows community members to influence the further development of Jito, driving the network's evolution through DAO-driven decisions.

Jito ($JTO) Tokenomics

Jito’s tokenomics is designed to ensure a balanced and sustainable distribution of tokens, with strategic allocations for community rewards, ongoing development, and key partnerships.

Total and Max Supply: 1 billion $JTO tokens

Allocation:

• Community Growth: 34.2%
• Ecosystem Development: 25%
• Core Contributors: 24.5%
• Investors: 16.2%
• Airdrop: 10%

Initial Circulating Supply: 115 million $JTO

Current Supply: 124.72 million $JTO

Market Cap: $281.87 million

Fully Diluted Market Cap: $2.248 billion 

According to DropsTab, Jito Foundation unlocks 0.02% of the Total Supply for Ecosystem Development daily, starting from July 31st. In contrast, Core Contributors and Investors will have the opportunity to sell their stakes in $JTO more than 100 days from writing, demonstrating the investor's dedication to the project. Overall, less than 5% of the total supply is unlocked.

Jito ($JTO) price prediction

The Jito Foundation allocated 100 million $JTO tokens to reward its early users and contributors. $JTO coins were distributed primarily based on the amount of JitoSOL liquid staking tokens held by addresses and lent to DeFi protocols. Additionally, rewards were allocated to validators and MEV searchers. The majority of the airdrop allocation was granted to unique addresses of JitoSOL stakers, reflecting their significant contribution to the network's early success. This strategic initiative played a crucial role in the rapid growth and widespread adoption of the Jito network.

Being the largest liquid native staking protocol on the Solana blockchain, the Jito network has rapidly established itself as a leading force within the Solana ecosystem. More than $1.8 billion TVL in protocol reflects the growing investors' trust and adoption of Jito within the DeFi community.

• Jito is ranked #156 with the total market cap of $JTO standing at over $280 million.
• $JTO ATH: $20.85
• $JTO ATL: $2.08 

In the moments following its official launch, the price of $JTO surged by more than 80%, underscoring the market's positive response to the protocol's potential. Furthermore, over 60% of eligible users claimed their tokens within the first day, highlighting strong community engagement and confidence in the project's future.

Jito coin is still undervalued, as one of the best coins to invest in 2024, considering its strong price action after TGE, despite market conditions. This presents a unique opportunity for those looking to capitalize on the continuous growth of the Solana ecosystem. 

Ethena ($ENA)

Ethena is pioneering a synthetic dollar protocol on Ethereum, offering a fully crypto-native decentralized solution with its USDe stablecoin. USDe is a cryptocurrency-based synthetic dollar created to overcome the limitations of current stablecoin models. Unlike MakerDAO's DAI, which relies on over-collateralization with various crypto assets, USDe is part of a broader financial ecosystem that includes innovative dollar-denominated instruments like the Internet Bond, a globally accessible savings instrument. USDe is backed by spot assets and uses on-chain custody and centralized liquidity venues to create a delta-neutral synthetic dollar that operates independently of the traditional banking system. USDe is enabled by hedging the delta of spot assets backing the token during its creation.

Ethena is dedicated to being transparent about the risks associated with USDe. Ethena Labs aims to generate sustainable sources of yield from deposited assets and carefully manages risk by using multiple providers and actively monitoring market conditions.

Additionally, Ethena's ecosystem is further strengthened by its Reserve Fund, which acts as an additional margin of safety behind USDe. This fund provides a source of capital to cover periods of negative funding and serves as a bidder of last resort for USDe in open markets.

Ethena Labs has secured $20.50 million in fundraising from GSR, Binance Labs, Dragonfly Capital, and other leading funds and backers. This substantial investment has led to a valuation of $300 million, underscoring the strong confidence of investors in Ethena's innovative approach to decentralized finance.

Ethena ($ENA) token utility

$ENA is central to the Ethena protocol, serving as a governance token and enabling various utilities within its ecosystem, facilitating operations such as paying for services, accessing features, and conducting transactions within the network.

• Governance: Ethena employs a committee-based governance model where most decisions are delegated to specific committees, with $ENA holders primarily responsible for appointing committee members. 
• Incentivization Rewards: Participants in the Ethena ecosystem are rewarded with ethena coins for activities such as providing liquidity, participating in staking, and other contributions that help secure the network and improve its functionality.
• Ecosystem Development: $ENA tokens are allocated to support the growth of the Ethena ecosystem, funding new projects, developer grants, and initiatives aimed at expanding the protocol’s capabilities and impact.

Ethena ($ENA) Tokenomics

Ethena's tokenomics are thoroughly designed to ensure the sustainable growth of the ecosystem. 

Total and Max Supply: 15 billion $ENA tokens.

Allocation:

• Core Contributors: 30%
• Ecosystem Development: 25%
• Investors: 25%
• Foundation: 15%
• Airdrop: 5%

Initial Circulating Supply: 1.425 billion $ENA

Current Supply: 1.8 billion $ENA

Market Cap: $511 million

Fully Diluted Market Cap: $4.242 billion

Less than 7% of the total supply of $ENA tokens has been distributed. This includes most of the tokens allocated for Airdrop Season 1 and all $ENA tokens allocated for the Binance Launchpool. The remaining $ENA tokens allocated for Airdrop Season 1 will be unlocked in 14 days, and the next scheduled unlock for Investors and Core Contributors is set for April 2, 2025.

Ethena ($ENA) airdrop

The Ethena Shard Campaign lasted for six weeks and ended on April 1, 2024. This airdrop campaign was a significant milestone for the Ethena ecosystem, with 750 million $ENA tokens (5% of the total supply) initially distributed through an airdrop. Participants had 30 days to claim their tokens, with any unclaimed $ENA slated for reallocation for the next season's activities. 

This airdrop campaign concluded with the coin launch event and following listings of $ENA on centralized exchanges on April 2, 2024. The campaign resulted in a rapidly growing supply of USDe, exceeding $3 billion just four months after launch, making it the fastest USD-denominated asset to reach this milestone in crypto history. 

Ethena ($ENA) price prediction

The transaction volume on the Ethena network has been steadily increasing, with a notable spike following the listing of $ENA on Binance on April 2, 2024. This exciting synthetic dollar protocol rapidly became the highest-earning one in the industry within just three weeks, as stated by the founder of Ethena on X. Ethena expanded its Reserve Fund to over $25 million in just a month. 

• Ethena is ranked #103 with the total market cap of $ENA standing at over $520 million.
• $ENA ATH: $1.520
• $ENA ATL: $0.227

According to DefiLlama, Ethena's TVL has seen exponential growth to $3,114B, reflecting the increasing trust and participation in the project. Many experts predict that $ENA could see substantial gains in the coming months, especially as Ethena continues to roll out new features and expands its ecosystem. 

Ethena’s innovative approach to synthetic dollar protocols has led to positive ethena coin price prediction. Analysts have named ethena coin as the best new crypto to invest in due to its compelling offerings and robust tokenomics, which have garnered increasing interest from users and developers.

Immutable ($IMX)

Immutable is a comprehensive full-stack infrastructure platform for Web3 gaming, featuring two key blockchain technologies: Immutable X and Immutable zkEVM. Immutable X leads the NFT sector as the first Layer 2 scaling solution on Ethereum, offering unparalleled scalability and efficiency. By utilizing Zero-Knowledge Rollups (zk-rollups), Immutable X enables instant transactions with nearly zero gas fees while maintaining the robust security of the Ethereum blockchain. In contrast, Immutable zkEVM, leverages Polygon zkEVM, providing developers with a secure L2 solution, fully compatible with Ethereum’s Solidity language and development frameworks.

Creators and users can sell NFTs on marketplaces that support the Immutable chain, earning royalties from secondary sales through supply-side fees. With over 300 games, a $1 billion ecosystem fund, and 20+ integrated marketplaces, Immutable is leading the charge in the Web3 gaming space. Immutable revolutionizes digital ownership, making it the platform of choice for creating high-quality decentralized games.

Immutable has achieved remarkable success in its fundraising efforts, securing a total of $322.38 million across various funding rounds. The most significant was a $200 million undisclosed financing round led by Singapore's Temasek, which eventually elevated the company's valuation to an impressive $2.5 billion. Notable investors in this round include leading names like Animoca Brands, Tencent, ParaFi Capital, and Princeville Capital, among others. Immutable's ability to attract such prominent backers reflects the strong confidence in its position as the leading carbon-neutral, scalable platform for trading NFTs on Ethereum. 

IMX ecosystem: Immutable X marketplaces

Despite a significant decrease in the overall NFT sector's trading volume, Immutable continues to show strong growth, particularly in active users. With over 2.5 million monthly active users (a 13.2% increase over the last 30 days), the platform's user base is steadily expanding. This growth is particularly noteworthy given the upcoming closure of the IMX marketplace by September 27.

Integration of several major NFT marketplaces, such as Rarible, has become a crucial factor in the growth and rapid adoption of the Immutable ecosystem. Users can still buy, sell, and trade digital assets across the L2 blockchain using the IMX global ecosystem of marketplaces. 

Immutable provides a solid platform for some of the top games in the Web3 gaming space. Illuvium stands as the most popular game on Immutable X, offering players a richly detailed, immersive world where they can explore, battle, and collect unique NFTs. This impressive game is not only a standout in the Web3 space but is also available for download from the Epic Store, making it accessible to a broader gaming audience. 

Similarly, on Immutable zkEVM, Gods Unchained is a top title, delivering a strategic card game experience where players' in-game assets are stored on a chain. Both games showcase the power of Immutable's ecosystem, harnessing cutting-edge blockchain technology to enhance gameplay and provide real ownership of digital assets.

Immutable ($IMX) token utility

The $IMX token is crucial to the Immutable X ecosystem. The token benefits from strong demand driven by its utility across the marketplaces and broader ecosystem.

$IMX, Immutable's utility token, serves for these primary purposes:

• Fee Collection: Immutable X charges a 2% protocol fee on transactions through its global shared orderbook. 20% of this fee is converted to $IMX and added to the staking rewards pool.
• Staking: $IMX holders can stake their tokens to earn rewards, distributed after each 14-day staking cycle. 
• Governance: $IMX holders have voting rights on key proposals, such as token reserves, developer grants, and changes to the token supply. Voting power is proportional to the number of $IMX tokens held.
• Gas Token: $IMX is set to become the native network token and primary gas currency for Immutable zkEVM, solidifying its central role in the platform's ecosystem.

Most of the $IMX tokens (78%) are unlocked, and all of the tokens allocated for Foundation Reserve, Private, and Public Sales have been distributed. The allocated tokens have not yet been received by the Project and Ecosystem Development categories (team). The fact that all coins allocated for the community and investors have already been distributed further reduces selling pressure on $MX.

Immutable ($IMX) price prediction

Immutable's rapid ecosystem expansion is attracting A-list investors and a variety of projects. Partnerships with industry giants like Ubisoft highlight Immutable's strong position in web3 gaming. The advanced technology powering the Immutable X platform for Web3 game development makes it the unequivocal leader in the space.

• Immutable is ranked #46 with the total market cap of $IMX standing at over $1.7 billion.
• $IMX ATH: $9.52
• $IMX ATL: $0.378

Games like Illuvium and Gods Unchained have solidified Immutable X’s position as a leader in the market. This strong user engagement and cutting-edge technology are key factors that are expected to positively influence $IMX price action. As the platform continues to attract more users and developers, the value of $IMX is poised for a significant surge, making it one of the best cheap cryptos to buy now in the evolving Web3 and NFT ecosystem.

io.net ($IO)

io.net ($IO) is a cutting-edge platform that bridges the gap between traditional internet services and blockchain technology. It offers a seamless way to connect dApps and the broader Web3 ecosystem, enhancing data security, privacy, and interoperability. As a highly scalable and efficient network, io.net aims to revolutionize user interactions with blockchain-based services.

io.net is an enterprise-grade decentralized computing network that provides access to distributed cloud clusters at a fraction of the cost of centralized services. It reduces computational costs by aggregating underutilized GPUs from various sources and offers scalable, cost-efficient computing power on demand. It allows teams to effortlessly scale workloads across a GPU network with minimal adjustments and efficiently manages orchestration, scheduling, fault tolerance, and scaling. This platform is tailored for general-purpose computation, particularly for Python workloads, and is powerful for AI/ML applications, offering robust support for modern computational demands.

io.net raised $30.00M during the Series A Round. The list of investors includes Hack VC, 6th Man Ventures, Multicoin Capital, Delphi Ventures, OKX Ventures, Solana Ventures, and other top funds.

io.net ($IO) token utility

The $IO token serves as the utility and governance token of the io.net crypto network. Within the ecosystem, $IO provides the solutions for three main groups: GPU Renters (Users), GPU Owners (Suppliers), and $IO Coin Holders (Community).

• Utility and Payment: $IO is a core of all transactions within the io.net ecosystem. It is used by GPU Renters to pay for computing power on the network. Although users may pay in fiat or USDC, the system automatically converts these payments to $IO, creating a constant demand for the token.
• Staking and Rewards: $IO plays a critical role in network security and collateralization. Node operators must stake a minimum amount of $IO as collateral to receive idle rewards from the network. Additionally, $IO holders can stake additional collateral to earn rewards, further securing the network and ensuring its integrity.
• Governance: As the governance token of io.net, $IO grants holders voting rights within the platform’s decentralized autonomous organization (DAO). This empowers the community to make important decisions, such as protocol upgrades, fee structures, and other strategic initiatives, thus aligning the interests of all stakeholders.
• Incentives and Fees: To encourage the use of $IO, the network offers fee advantages. Payments made in $IO incur no transaction fees, whereas payments in USDC are subject to a 2% facilitation fee. 
• Supplier Rewards: GPU Owners, or Suppliers, who contribute computing resources to the network can receive payments in $IO or opt for automatic conversion to USDC. To incentivize the use of $IO, rewards for computing jobs are structured with no fees applied when suppliers choose to receive payments in the native token.

In summary, $IO is integral to the io.net ecosystem, facilitating seamless transactions, securing the network through staking, and empowering the community with governance rights. 

io.net ($IO) Tokenomics

Total and Max Supply: 500 million $IO tokens

Allocation:

• Emissions: 41.7%
• R&D and Ecosystem: 17.8%
• Seed Round: 13.9%
• Core Contributors: 1.5%
• Series A Round: 11.3%
• Community: 11.1%
• Binance IEO: 2.8%

Initial and Current Supply: 95 million $IO

Fixed Maximum Supply: 800 million $IO

Market Cap: $161.5 million 

Fully Diluted Market Cap: $1.36 billion 

Burn Mechanism: A portion of $IO transaction fees is burned, reducing the circulating supply and potentially increasing the token’s value. The programmatic coin burn system uses revenues from the IOG Network to buy and burn io coin, creating deflationary pressure on the token.

io.net ($IO) airdrop

io.net successfully launched the "Ignition" program, which rewarded GPU suppliers and engaged the community through quests on Galxe. Participants earned points that were redeemable for the highly anticipated $IO token airdrop, which took place on April 28th, 2024. 

Ignition Rewards Program awarded:

1. GPU Suppliers:
   • Participants set up nodes, connected their GPUs, and contributed computing power to the network, earning points toward the airdrop.
2. Galxe Quests Users:
   • Community members completed tasks on the Galxe platform to earn additional points, which were also redeemable for $IO tokens.

The program required no financial investment, only participation and engagement. Each point earned was rewarded, allowing a wide range of participants to benefit from the airdrop.

The successful completion of the Ignition program and the generous airdrop distribution solidified io.net's position as a leading platform. This initiative’s clear structure and timed launch discouraged excessive point farming, ensuring fair and balanced participation. The timing of the airdrop, coinciding with the AI boom, further amplified its impact, making it a timely and strategic move.

io.net ($IO) price prediction

Given the innovative nature of the io.net platform and its potential to disrupt the Web3 and blockchain integration space, many analysts predict a positive trajectory for io coin price. The utility of the platform’s native token within the ecosystem, and strong tokenomics, including a deflationary burn mechanism, support a long-term value of $IO. 

• io.net is ranked #239 with the total market cap of $IO standing at over $158 million.
• $IMX ATH: $6.43
• $IMX ATL: $1.31

The recent success of the Ignition Rewards Program generated significant buzz within the crypto community. The airdrop's broad impact generated heightened interest in io.net attracting a large number of new participants, and boosting demand for the $IO token.

As io.net continues to expand its ecosystem and form strategic partnerships, the demand for $IO token is expected to increase, driving up its price. The platform’s commitment to decentralization, combined with its focus on security and scalability, positions $IO as one of the cheapest crypto to invest in. 

Conclusion

In conclusion, identifying the next cryptocurrency with a potential for 30x returns involves meticulous analysis of on-chain metrics, funding rounds, and the overall market landscape. Whether you're looking to capitalize on the growth of the Solana ecosystem or explore the innovative potential of next-gen Layer 2 solutions, these nine cryptos represent some of the best investment opportunities. Each of these projects has garnered attention for its unique value propositions and strong community support. Keep an eye on $ZEFY and $GOOD, as these yet-to-launch tokens present an early-stage investment opportunity with significant upside before their major listings. Don't miss out on the chance to be part of the next wave of explosive growth in the crypto space.