10 New Cryptocurrency To Invest In 2024 – Outperform Bitcoin In The Short Term

As 2023 comes to a close and Bitcoin up over 100% year to date, investors are already looking ahead to what could be the next hot cryptocurrencies of 2024.

With continued volatility and uncertainty in the market, there’s no shortage of breakout opportunities for crypto traders in the altcoin market if they know where to look.

This article will highlight 10 of the most promising new cryptocurrencies to invest in for 2024 that have a genuine shot at exponential growth.

1. TG.Casino (TGC)

TG.Casino (TGC) is a Telegram-based casino that allows users to gamble using cryptocurrencies, including the native TGC token.

One of TG.Casino’s key selling points is its no-KYC approach, meaning users simply need to connect a crypto wallet to begin playing.

TG.Casino features an array of traditional games, slots, live dealers, and even a sportsbook with hundreds of markets.

Those who decide to wager using TGC will receive 25% cashback on losses – and the token can also be staked to earn APYs of 187%.

This new cryptocurrency project is still in its presale phase, although early investors can buy TGC tokens during the current stage for $0.17.

Visit TG.Casino Presale

2. Bitcoin ETF Token (BTCETF)

Bitcoin ETF Token (BTCETF) is a new ERC-20 token designed to provide speculative exposure to the buzz surrounding a spot BTC ETF being launched in the US.

BTCETF’s tokenomics setup will see a portion of the total supply burned every time a key approval milestone is met, such as when the SEC finally gives one of these funds the green light.

Token holders can also stake their BTCETF to earn yields of 124% per year.

Given the considerable hype around a spot ETF being launched, there’s a growing belief that BTCETF could be poised to benefit massively, given its branding and unique approach.

Investors can buy BTCETF tokens for $0.006 through the presale, which has now raised over $1.9 million.

Visit Bitcoin ETF Token Presale

3. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix (BTCMTX) is the world’s first stake-to-mine project, enabling everyday investors to get involved in crypto-mining.

By buying and staking BTCMTX, investors will earn cloud mining credits. These credits can be burned for hash power – which can then be used to mine Bitcoin and earn rewards.

With the Bitcoin halving approaching, there’s scope for Bitcoin Minetrix’s groundbreaking approach to become more popular, given the potential for BTC’s value to increase.

Moreover, with BTCMTX tokens still available to buy for $0.0119, this new crypto token could have explosive potential if it can match its current level of hype.

Visit Bitcoin Minetrix Presale

4. Meme Kombat (MK)

Meme Kombat (MK) is a new Ethereum-based gaming platform that looks to benefit from meme branding while also offering real-world utility.

The platform features an AI-powered battle arena where users can wager on fights between famous meme mascots like Doge and Pepe the Frog.

By winning bets, users can earn more MK tokens – which can be held to benefit from price fluctuations or staked to earn a passive yield.

50% of the MK supply has been set aside for presale investors, showcasing the development team’s focus on the community.

Meme Kombat’s presale has raised over $2.2 million in funding, with MK tokens currently available for $0.214.

Visit Meme Kombat Presale

5. Grok (GROK)

Grok (GROK) is a new meme coin inspired by Elon Musk’s Grok AI chatbot but has no direct ties to Grok or Musk himself.

At present, GROK has no actual use case and is merely used to capitalize on the hype around Musk’s latest creation.

However, this hasn’t stopped meme coin investors from piling in and purchasing GROK – sending the token’s price to an all-time high of $0.029 yesterday.

Although GROK has since pulled back by 25%, there’s clearly massive interest in the token, making it another one investors may wish to watch in 2024.

6. Syscoin (SYS)

Syscoin (SYS) is a dual-chain blockchain that combines Bitcoin’s security with Ethereum’s smart contract functionalities.

As such, Syscoin enables the creation of DApps and tokenized assets while offering a decentralized marketplace made possible through the use of the SYS token.

Syscoin was initially created in 2014 and reached an all-time high of $1.31 in January 2022, yet it is now trading 90% below that level.

However, SYS is currently ranked fifth on CoinMarketCap’s list of the most-visited cryptocurrencies – hinting that a potential resurgence could be on the cards.

7. Pheonix (PHB)

Pheonix (PHB) is an EVM-compatible blockchain focused on decentralized AI, computation scaling, and data-driven DApps.

Some of Pheonix’s key features include an oracle and on-chain analytics for data-intensive protocols.

Given its versatility, Pheonix has positioned itself to be used in areas such as marketing, customer data, supply chain management, and the Internet of Things (IoT).

The trading volume of Pheonix’s native PHB token has rocketed 97% in the past 24 hours, making it another low-cap crypto that could have a breakout year in 2024.

8. Gorilla (GORILLA)

Gorilla (GORILLA) is an Ethereum-based meme coin that aims to bring real utility to the meme coin space.

The project features an IDO launchpad called Gorilla Pad that handles token presales and listings.

Although branded as a meme coin, GORILLA’s team has ensured their focus on trust and security is front-and-center for investors.

The GORILLA price has soared over 4,800% in the past 30 days, making it one of the biggest meme coin gainers in that time frame.

9. Bonk (BONK)

Bonk (BONK) is a Solana-based meme coin designed to draw attention to Solana and boost adoption.

Although BONK has no use cases, the token has recently experienced massive demand and even achieved a perpetual futures listing on the leading exchange, Binance.

Additionally, BONK’s value has been helped by the huge rally experienced by SOL, Solana’s native token.

BONK is now the fifth most-traded meme coin globally, ahead of established tokens like Dogelon Mars (ELON), indicating it could be worth monitoring as we near the end of 2023.

10. EthereumPOW (ETHW)

Rounding off our discussion of new cryptocurrencies that investors may wish to consider is EthereumPOW (ETHW).

EthereumPOW is a hard fork of the original Ethereum blockchain that continues to use a proof-of-work (PoW) consensus instead of transitioning to proof-of-stake (PoS).

It was created by a group of miners who wanted to keep mining Ethereum for profits using their GPUs instead of staking on the new PoS chain.

The native ETHW token was recently listed on Binance as a perpetual futures contract, which prompted a wave of investor demand – setting it up for a potentially lucrative 2024.