Top 5 Best Crypto to Buy Now: Top Altcoins For 2024 Bullrun

Navigating the volatile world of cryptocurrencies can be challenging, especially when you're trying to identify the best crypto to buy now in preparation for the next bull run. With thousands of options available, determining which assets have the most potential for significant returns can be overwhelming. Investors often face uncertainty when trying to pinpoint the best altcoins for 2024, as market trends shift rapidly and new projects emerge regularly.

In this guide, we aim to simplify the decision-making process by presenting a carefully curated list of the top 5 cryptos to buy right now, based on thorough analysis and market trends. Our focus is on altcoins that not only show promise for the coming year but also provide strong fundamentals and innovative technology that could drive their growth. From established giants to new contenders, these cryptos could be among the best crypto coins to buy now for those looking to capitalize on the upcoming bull market.

By the end of this article, you'll have a clearer understanding of the best crypto to invest in 2024, equipped with the insights needed to make informed investment decisions. Whether you're looking for the best cheap crypto to buy now or the top altcoins that could lead the charge in the next market rally, we've got you covered.

How to pick what crypto to buy now for the next bull run?

Selecting the best crypto to buy now for the upcoming bull run requires a comprehensive analysis of various factors that can influence a project's long-term potential. Our team focuses on several key metrics to determine the best crypto to buy right now:

• Product & Market Segment; 
• Tokenomics, 
• Digital marketing,  
• Backers & Partners, 
• Team’s experience and transparency. 

First, understanding the product's fit within current market trends and the strength of the project's team can help pinpoint what crypto to buy now. Next, Tokenomics play a crucial role, as we assess factors like token inflation rate, token distribution model, fully diluted valuation (FDV), and current market cap.

Beyond the basics, we also evaluate the project's digital marketing performance, including social media management (SMM), search engine optimization (SEO), influencer partnerships, and public relations (PR) efforts. The team's experience is also crucial. A well-rounded team with a track record of success can significantly influence a project's potential. Finally, the amount of funds raised and strategic partnerships also play a vital role in determining the strength and growth potential of a cryptocurrency.

These elements contribute to the visibility and adoption of the crypto, making it a key factor in identifying the best crypto to invest in 2024. 

Which crypto to buy now: Comparative table

In this section, we will present a comparative table highlighting the Top 5 Best Crypto to Buy Now: Top Altcoins For 2024 Bullrun, based on our rigorous analysis. Hopefully, it will help you make informed decisions on the altcoins to buy as we approach the next major market rally.

Now, let’s move on to the more detailed reviews of those projects.

Ethena ($ENA)

Ethena is a synthetic dollar protocol built on Ethereum, designed to provide a crypto-native solution for decentralized finance that does not rely on traditional banking systems. At the heart of Ethena Finance is its stablecoin, $USDe, a synthetic dollar backed by crypto assets and corresponding short futures positions. Unlike traditional fiat-backed stablecoins, the Ethena USDe stablecoin maintains its stability through a sophisticated mechanism of delta hedging against protocol-held collateral, ensuring that it remains relatively stable in value. This approach enables Ethena protocol to offer a censorship-resistant and fully-backed stablecoin that can be utilized within various DeFi applications.

To back up its synthetic dollar, Ethena Labs introduces the 'Internet Bond,' a globally accessible, dollar-denominated rewards instrument. This bond generates yields from staked assets, such as Ethereum, and from funding and basis spreads in perpetual and futures markets. Ethena thus enables users to mint the USDe crypto, stake assets, and earn stable returns through its innovative financial products, all while contributing to the decentralization of the financial system.

In addition to $USDe, the platform’s native $ENA token plays a crucial role in the ecosystem. The Ethena governance token ($ENA) is used primarily for governance, allowing holders to vote on important protocol decisions, including risk management frameworks, integrations, and other strategic developments. Despite facing challenges in the market, with the Ethena token currently experiencing a performance decline of 53%, the long-term outlook remains positive. The Ethena crypto price prediction suggests that as the platform continues to develop, the value of the Ethena coin could recover, reflecting the growing interest in Ethena Finance and its innovative solutions. Moreover, the $ENA 53% price decline from ATH provides the additional growth upside for the 2024/2025 bull run and alt season. 

The Ethena protocol currently runs the third phase of its airdrop, where users can participate by locking their $ENA tokens for a minimum duration of seven days on Ethena Yield. Additionally, by acquiring and staking $USDe coins on various DeFi platforms, users can earn even more rewards and actively participate in the Ethena ecosystem. This strategy not only offers potential financial returns but also positions users to benefit from the evolving landscape of decentralized finance that Ethena is pioneering.

Finally, the strength of the token is further supported by a diverse network of top-tier funds, including DragonFly Capital, Delphi Ventures, OKX Ventures, and many others, who have collectively invested over $20.5 million into the platform. This backing reinforces the confidence in Ethena's innovative approach and its potential for significant growth in the decentralized finance sector.

goocryptoX ($GOOD)

goodcryptoX is a cutting-edge platform designed to bridge the gap between centralized and decentralized exchange trading, offering a seamless experience for users across both realms. Building on the success of the GoodCrypto app, which has been a trusted tool for CEX trading and portfolio management since 2019, goodcryptoX introduces advanced trading features tailored for DeFi trading. The platform offers a robust suite of advanced tools, including:

• Smart Trade Bot: Attaches stop-market & trailing-stop orders, and attach TP+SL combos to any order.
• Copy Trading Bot: Automatically copies the trading strategy of the most profitable DEX traders and implements them with your wallet automatically;
• Gems Sniper Bot: Sends alerts to you or buys when it finds gem coins that reach your predefined cafeterias based on TVL growth, price action, smart money accumulation, and more.
• SOS Bot: Converts all coins in your wallet to USDC in a single transaction, paying gas only once.
• DCA Bot: Averages down entry price when the market goes in the opposite direction while adjusting a TP order based on your actual position.
• Technical Analysis Bot: Automatically buys and sells tokens based on technical analysis signals or indicators.
• Grid Bot: Profits from the sideways market by maintaining an automated grid of buy and sell orders.
• Yield Maximizer Bot: Converts and moves your coins to the protocol offering the highest yield automatically, while paying gas fees only once.
• Rebalancer Bot: Rebalances your portfolio in a single transaction based on predefined rules, paying gas only once.
• Gas Saver Bot: Buy gas tokens when the gas price is low. Designed mostly for expensive networks like Ethereum. 

The revolutionary concept and design of the product also has been foreseen by the prominent crypto funds such as Fenbushi Capital, 

At the core of goodcryptoX is the $GOOD token, which plays a pivotal role within the ecosystem. The token serves as a governance tool, giving holders a voice in the platform's future developments. Additionally, $GOOD can be staked to earn rewards, further incentivizing active participation. With upcoming events such as the $GOOD token presale, airdrop, and the "Road to IDO" campaign on Magic Launchpad, the platform is set to engage and reward its community.

goodcryptoX has outlined a series of upcoming events aimed at fostering community engagement and rewarding early adopters. These include the $GOOD token presale, offering early investors the chance to purchase tokens at a potentially discounted rate, and a $GOOD airdrop to reward the most active users on the platform. The "Road to IDO" on Magic Launchpad will build momentum leading up to the official IDO launch, where $GOOD tokens will become available to the broader public.

During the IDO, the $GOOD token will be priced at $0.025, with a fully diluted valuation (FDV) of $25 million. This represents a substantial growth opportunity, especially when compared to its main competitor, Bananagun ($BANANA), which launched with a $100 million FDV, achieved over 5x gains and afterward was listed on Binance. The lower FDV of $GOOD suggests potential for even greater returns, positioning it as a promising investment in the DeFi space.

In comparison to Bananagun, which raised $1.30M and lacks private investor backing, goodcryptoX boasts a more substantial fundraising of over $2M, not only from Web3 launchpads but also from prominent funds such as Fenbushi Capital, GSR, and CoinTelegraph. This robust backing from established investors is crucial for the long-term development and success of goodcryptoX, setting it apart from its competition.

Zephyr ($ZEFY)

Zephyr is a cutting-edge platform built on Solana that revolutionizes the way users engage with crypto predictions, offering a seamless and cost-effective way to profit from market movements without the need to own coins or pay excessive gas fees. Through its unique Guessing Space feature, Zephyr allows users to participate in or create prediction pools, providing them with a higher probability of earning profits compared to traditional trading methods. This system is supported by advanced tools like 

• P2P Guessing: Zephyr’s decentralized guessing mechanics on Solana enable users to profit without owning the actual coin, avoiding high gas fees linked to major cryptocurrencies. By utilizing the Solana blockchain, Zephyr offers lower transaction costs and a user-friendly, marshmallow-themed interface. Additionally, it features two types of prediction pools: AI-generated Disruptive Topics Guessing and user-created Customized Events Battle, allowing for both public and private guessing events.
• Wisdom of the Crowds Data: By leveraging the Wisdom of Crowds, Zephyr provides users with access to diverse perspectives and unbiased market data. This feature aggregates individual insights into a comprehensive resource, enhancing users' understanding of market trends.
• Investing in Guessing MVPs: Zephyr simplifies entry for newcomers by offering intuitive prediction tools, breaking away from traditional trading methods that can be daunting for beginners. This user-friendly approach makes it easier for novices to engage in crypto market predictions.
• AI-powered Price Analytics: Utilizing advanced AI algorithms, Zephyr delivers accurate price data for cryptocurrencies. This feature aids traders in conducting their own research and analyzing market behavior, making it especially beneficial for those new to making predictions.
• Social Trading (Guessing): Social trading allows users to follow experienced traders' strategies, easing the learning curve for complex crypto assets. For example, newcomers interested in the XRP/USDT market can gain insights by observing successful traders, building confidence without navigating the market’s complexities alone.

Users can also build and manage a forecast portfolio by combining their expertise with crypto signals, AI-driven price predictions, and KOL opinions to make informed bets on future price movements. 

Zephyr’s ecosystem includes three main tokens: $ZEFY, $USDZ, and $MELLOW. The $ZEFY token is central to the platform's utility, offering revenue sharing for stakers, access to VIP pools, and governance rights, among other features. The $USDZ token, pegged to the US Dollar, is used for predictions, covering fees, and earning rewards. Meanwhile, $MELLOW serves as the platform's memecoin, adding a layer of fun and engagement within the community. Together, these tokens provide a comprehensive and rewarding experience for users on Zephyr.

Zephyr is currently hosting its Presale, with multiple rounds completed and two already concluded. Users now have the opportunity to buy the coin at a price 2.5x lower than its listing price. As the amount of funds raised increases, the price of $ZEFY rises with each round. It has already closed two rounds, raising over $110K since August 2024

Notably, Zephyr's main competitor, Polymarket, has not announced the release or airdrop of its native token in the near future. This positions Zephyr advantageously, as its token release is set to capture more market space. Additionally, Zephyr’s operation on the Solana blockchain differentiates it from competitors by offering social guessing services to the broad and active user base of Solana.

Furthermore, Zephyr runs a Community Campaign that provides an exciting chance to earn $ZEFY tokens before their listing on Tier-1 CEXs. With a $150,000 prize pool, this campaign is designed for fun, community engagement, and substantial rewards. The project already raised $100K from its first (Whitelist) round in just 27 minutes on August 19, 2024, and the 1st Public Presale round is now open.

zkSync ($ZK)

zkSync is an advanced Layer 2 scaling solution for Ethereum, utilizing Zero-Knowledge (ZK) rollups to significantly enhance network scalability while reducing transaction costs, all while maintaining the security and decentralization of the Ethereum mainnet (Layer 1). The zkSync network enables users to perform transactions on Ethereum with much lower fees and faster speeds by processing computations and storing most data off-chain. These transactions are bundled into batches, and cryptographic validity proofs are generated and verified on Ethereum, ensuring the same level of security as the mainnet.

The zkSync ecosystem is designed to be user-friendly and EVM developer-compatible, offering a seamless experience similar to that of Ethereum. Developers can write smart contracts in Solidity or Vyper and utilize existing Ethereum tools and frameworks like Hardhat and web3.js. Additionally, zkSync supports existing Ethereum wallets, allowing users to interact with decentralized applications (dApps) without needing to create new private keys. The network’s native account abstraction simplifies user interactions and provides greater flexibility, such as allowing transaction fees to be paid in ERC-20 tokens like USDC.

The project has achieved significant adoption and currently ranks 6th among all Ethereum Layer 2 solutions in terms of Total Value Locked (TVL), with over $830 million locked in the zkSync ecosystem. This substantial TVL reflects the growing trust and reliance on zkSync Era for cost-effective and secure Ethereum transactions.

The platform’s potential has been also recognized by many top-tier funds, including a16z, DragonFly Capital, Coinbase Ventures, Consensys, and others, who have collectively invested over $458M into the project.

$ZK is the native token of the zkSync Layer 2 network, essential for transactions, staking, and governance participation. With increasing adoption and technological advancements, analysts are optimistic about $ZK’s future value, especially as more protocols and users migrate to zkSync L2, benefiting from its low fees and high scalability.

Currently, $ZK trades at $0.10, down 62% from its initial listing price. However, it has recovered about 40% from its all-time low (ATL) of $0.0830, with an all-time high (ATH) of $0.321. The token’s market cap exceeds $390 million, and its Total Value Locked (TVL) stands at approximately $77.92 million, reflecting growing trust in the ecosystem.

Predictions from Stormgain suggest $ZK could reach around $0.37 by the end of 2024, with further potential growth to between $1.04 and $5.00 by 2025 and $2.71 to $4.39 by 2030. Notably, the next unlocking event for $ZK is over 200 days away, with tokens allocated to the team and early investors still locked, demonstrating confidence from backers. 

Chaingpt ($CGPT)

ChainGPT is an advanced AI-driven platform specifically designed to enhance the Web3, blockchain, and cryptocurrency sectors. The project aims to empower users, from retail investors to startups, by offering a suite of AI-powered tools and services tailored to meet the unique demands of these industries. 

Since its inception in 2022, ChainGPT Labs has managed to raise $2.17M from private and public funding rounds on leading Web3 launchpads, including Poolz Finance, Seedify, and others.

Chain GPT’s core concept revolves around leveraging artificial intelligence to simplify and optimize various aspects of Web3 operations, making these technologies more accessible and efficient for a broader audience.

The platform benefits users by providing cutting-edge solutions such as:

• ChainGPT AI Chatbot, which provides real-time queries and support; 
• AI NFT Generator for creating and deploying NFTs quickly; 
• AI News Generator to keep users updated on blockchain developments; 
• Smart Contracts Generator and Auditor that help users create and verify smart contracts without requiring deep technical expertise;
• AI Trading Assistant, which offers insights and analysis on crypto, enabling users to make informed trading decisions.

ChainGPT’s ecosystem is comprehensive, with the $CGPT utility token at its core. This token serves multiple purposes, including granting holders access to DAO governance, staking opportunities, and premium features within the ChainGPT platform. The token also functions as the native gas fee on ChainGPT’s AIVM (Artificial Intelligence Virtual Machine), further integrating it into the ecosystem.

One of the standout products within the ChainGPT ecosystem is the ChainGPT Pad, an AI-focused launchpad designed to help new projects in the Web3 space get off the ground. This launchpad not only provides a platform for project incubation and acceleration but also offers access to a network of investors and partners, ensuring that innovative ideas can turn into successful ventures. As of October 2024, the platform has managed to successfully launch 29 projects with a 1.31x Average current ROI and 11.80x ATH ROI. 

After the release of its token, the $CGPT coin has experienced some fluctuations in its market performance. Currently, it is trading at $0.125, which represents a 22% decrease from its initial listing price. Despite this decline, the token remains widely held, with over 55,000 unique holders, and continues to be an essential asset within the ChainGPT crypto ecosystem, underpinning the utility and functionality of the platform's diverse offerings.

Looking ahead, the CGPT price prediction is optimistic. According to a forecast from CoinCheckup, the CGPT coin is expected to reach approximately $0.34 within a year, representing a potential increase of around 166% from its current price. This positive outlook on CGPT crypto is driven by the ongoing development and adoption of the ChainGPT platform and its expanding ecosystem.

Conclusion: Which crypto is the best crypto to invest in now?

Selecting the best crypto to buy in 2024 requires a strategic and thorough approach, considering various critical factors such as team expertise, tokenomics, product quality, marketing strategy, and alignment with market trends. With a plethora of options, it’s crucial to differentiate between the projects that show real potential and those that may carry higher risks. For instance, goodcryptoX stands out as one of the top altcoins for 2024, boasting impressive scores in tokenomics (60/100), digital marketing (80/100), and product development (84/100). This platform not only offers innovative trading tools but also provides opportunities for early investment through its $GOOD token presale and upcoming airdrop campaigns, positioning it as one of the best crypto coins to invest in 2024.

Similarly, Zephyr is another promising contender, especially for those looking to capitalize on new altcoins in 2024. With strong product performance (81/100) and an ongoing community airdrop campaign, Zephyr presents a unique opportunity to participate early before its tokens become widely available. Both projects are still in their early stages, offering presale opportunities and contests, which could lead to significant returns for early adopters.

As you evaluate the best crypto to invest in 2024, remember to consider how each project aligns with your investment strategy. Whether you’re targeting potential altcoins like goodcryptoX and Zephyr or seeking more established options, you must do your research first and weigh the potential returns against the inherent risks. By staying informed and conducting thorough research, you can position yourself to take advantage of the top altcoins for 2024 and maximize your investment returns in the upcoming bull market.