8 Best Cryptos To Buy for the Biggest Returns in the 2024 Bull Market

The cryptocurrency winter of 2022 was, without any doubt, one of the biggest in the history of the crypto market. Nevertheless, from the bottom of the market in December 2022 to now, the global cryptocurrency market capitalization has increased by 200% and more.

The rise in crypto prices across the broader sector in February has made some names in the cryptocurrency market forecast the launch of a new bull market. Taking into account the track record of previous bull cycles, one can say that the value of several cryptocurrencies is expected to rise very soon.

Therefore, many investors are searching for the top crypto coins to purchase as they expect to yield profits from the predicted 2024 bull cycle. This individual article is created for this purpose.

Here are the top 8 cryptocurrencies that you can consider adding to your portfolio this year:

1. VeChain (VET)

VeChain (VET) is one of the very exciting Blockchain networks that were produced to bring changes in supply chain management and enterprise space. The wide-scale adoption of VeChain is attributed to its effectiveness. The more it has gained popularity over the years, the more rampant it has become.

The team working on the project has already outlined their ideas to expand in 2024. That said, the technical analysis, together with the fundamental reasons described above, is enough to make VeChain a good DeFi cryptocurrency to buy. We could witness significant increases, 2x to 10x such increase, in VET price in 2024.

2. Sei (SEI)

Sei (SE) offers a Layer-1 blockchain solely for cryptocurrency traders and has made considerable progress. Sei became known due to its extremely fast and efficient workflow that was superior to all the competitors.

Sei creates a cheap and straightforward solution that could be employed by the dApps, which are concentrated on stocks and exchanges. The SEI is the native token of Sei. It has gotten to its all-time high of $1.02, which is 12,000% more than its lowest point recorded in August 2023.

As the Sei crypto coin is a constantly growing network, it could be predicted to trend higher in 2024. Sei is among the best altcoins to buy in 2024.

3. Ethereum (ETH)

Ethereum (ETH) is a decentralized platform that enables developers to create smart contracts and dApps. It is now the second-largest cryptocurrency by market capitalization after Bitcoin and is expected to overtake it in the next few years.

It's worth noting that since dipping below the $2k mark in 2023, Ethereum's price performance has been exceptional in recent months. The DeFi cryptocurrency has climbed in value, riding Bitcoin's rise to the $50,000 milestone, from a low of $2,475.62 to a high of $2,849.55.

Analysts anticipate Ethereum will hit $5,000 by 2024 since a spot Ethereum ETF is expected to be introduced in May. This makes Ethereum one of the best altcoins to buy during the bull market.

4. Stacks (STX)

Stacks (STX) is a blockchain whose goal is to run smart contracts and dApps on the Bitcoin network. This network has a great advantage in that it provides the same level of security as Bitcoin.

Further, contract execution on Stacks is possible, paving its way as one of the top DeFi projects out there. Stacks STX tokens might surge in the market with 41.7% and 59.8% increases observed in its weekly and monthly price movements.

This crypto's altcoin price rise has caused STX to reach a weekly maximum of $2.79. In line with that, this is also a new 26-month high and more proof that buyers are back in the game.

5. Polygon (MATIC)

Polygon (MATIC) is a protocol that enables developers to build and connect Ethereum-compatible blockchain networks. It aims to deliver cheaper and faster transactions on the Ethereum network by leveraging Layer 2 sidechains that run alongside the main chain.

This functionality has put Polygon's MATIC into the top 50 cryptocurrencies on the market. Furthermore, Polygon is actively working to transition from MATIC to a new coin called POL. Polygon Labs promises that the POL coin will include a "re-staking" capacity. This means it can be used on a wide range of Polygon networks.

6. Chainlink (LINK)

Over the years, Chainlink (LINK) has positioned itself as a leading platform that assists smart contracts on the blockchain in accessing authentic data from the real world. Chainlink implementation in the real world is only getting bigger, which prompted analysts to mention LINK in their top crypto coins to hold in 2024.

LINK has been moving in a bullish manner, as it appears that a price increase has occurred, starting from a monthly low of $13.53 up to $20.82. Apart from that, the technical indicators confirm its bullish tendency and the growth of its share price could continue in the following months.

The increase is expected to be $45 in 2024, according to analysts, which places it as one of the best cryptocurrencies to invest in for the bull market.

7. Solana (SOL)

Nicknamed the 'Ethereum killer,' Solana (SOL) sensationalized the crypto world in the year 2023 by climbing over 1,00% to reach its yearly peak price of $125. There are signs that the altcoin will continue its strong performance in 2024.

Solana has remained one of the best-performing altcoins, in addition to seeing an eruption of meme coin on the network. With the growing bullish momentum, there are predictions that Solana will reach a new all-time high in 2024, making it a good DeFi cryptocurrency to add to your portfolio.

8. Meme Moguls (MGLS)

Meme Moguls (MGLS) is a new launch to redefine meme coins by providing tangible utility and a comprehensive ecosystem that supports and rewards its community members for their participation. 

Users of this P2E game will not only have fun, but they will also learn and earn money while playing. Meme Moguls teaches the fundamental principles governing investment and wealth growth. The game will allow players to connect to a virtual stock market where they will be awarded $100,000 for experimenting with various financial ideas. Gamers will be able to utilize the memes marketplace to buy and exchange a wide range of gaming things.

In addition, among other things, participants can compete in tournaments and win prizes for their efforts. Every win will move them up the Game Wealth Leaderboard, increasing their chances of obtaining MGLS tokens. MGLS distinguishes itself from other meme coins because of its multiple use cases.

This dual role has been attributed to MGLS becoming one of the best meme coins to invest in. Now at only $0.0036, MGLS is estimated to see as much as 50x increases during 2024's bull market.

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