If you’re interested in discovering some of the best crypto to trade right now, you’ll be pleased to know that this guide covers many coins suitable for traders.

We cover an easy walkthrough on how to begin trading and the factors to consider when selecting the top crypto to trade.

What Is the Best Crypto to Trade in 2024?

These days, many investors opt to buy cryptocurrency with a short-term investment timeframe – sometimes just a few hours. This approach is often called ‘trading’ since the asset isn’t held long-term.

Below, we present our picks for cryptocurrencies to trade this year.

  1. PlayDoge ($PLAY) — Experience Tamagotchi nostalgia and earn crypto rewards with PlayDoge’s $PLAY token
  2. WienerAI ($WAI) — ERC-20 token with an AI twist, currently available in presale
  3. Sealana ($SEAL) — A “Send to Wallet” presale format, with earning opportunities for early investors
  4. Base Dawgz ($DAWGZ)  – The game-changing coin with innovative vision
  5. Mega Dice ($DICE) — New crypto to trade offering daily rewards based on casino performance with $DICE
  6. 99Bitcoins ($99BTC) — A new learn-to-earn token to trade; it rewards users for learning about crypto
  7. Sponge V2 ($SPONGEV2) — Upgraded Sponge token with 43% staking rewards
  8. eTukTuk ($TUK) — Eco-friendly crypto building EV charging stations
  9. Bitcoin ($BTC) — The world’s largest cryptocurrency boasting huge liquidity
  10. Binance Coin ($BNB) — Great token to trade with low volatility
  11. Ethereum ($ETH) — Best cryptocurrency to trade for clear price action

A Closer Look at the Best Crypto for Trading

The best cryptos to trade in 2024 offer high liquidity and great returns potential, a must-have combination for short-term investors looking for crypto trading tips.

With that in mind, let’s explore the projects listed above in more detail – many of which may also be the most promising cryptocurrencies over the long term.

1. PlayDoge ($PLAY) — Experience Tamagotchi nostalgia and earn crypto rewards with PlayDoge’s $PLAY token

Best Crypto to Trade - playdoge

If you like mobile games and pixelated graphics, check out PlayDoge, a new P2E game powered by the $PLAY token. It is reminiscent of a Tamagotchi-style virtual pet, where you can feed, train, and play your 2D Doge while guiding it through in-app mini-games to earn $PLAY tokens.

The $PLAY token is a multi-utility token that operates on the Binance Smart Chain, making it suitable for trading on Binance. For investors searching for the best crypto to trade, PlayDoge offers an opportunity to use $PLAY tokens to earn in-game and staking rewards, currently at 9474%. 

The P2E meme utility token allocated half its total token supply, or $4.7 billion, for a 40-stage presale. The price increases at every stage, making this the best cryptocurrency for day trading. PlayDoge’s presale began on May 28th and raised over $380K in just a few days, indicating potential profitability. 

As of the time of writing, the $PLAY token is trading at $0.005.

2. WienerAI ($WAI) — ERC-20 Token With an AI Twist, Currently Available in Presale

best crypto to trade - wienerai

WienerAI aims to become the “top dog” in the cryptoverse. This project combines two of the fastest-growing technologies in the world: blockchain and artificial intelligence. Its native token, $WAI, is built on Ethereum and is currently in presale.

Out of the total supply of 69 billion, 30% is allocated for the project’s presale stage. At this phase, one token costs only $0.000702.

Regarding the rest of its tokenomics, staking, and community rewards will each receive 20% of the tokens allocated to them. Another 20% will be used for marketing purposes, and the final 10% will ensure DEX/CEX liquidity.

WienerAI is trying to build upon the legacy of other dog-themed meme coins, but with some extra help from artificial intelligence, it hopes to distinguish itself in the crypto market. To learn more about this exciting new crypto to trade, head straight to its whitepaper.

3. Sealana ($SEAL) — A “Send to Wallet” Presale Format, With Earning Opportunities for Early Investors

best crypto to trade - sealana

Solana’s recent price drop hasn’t affected the popularity of viral animal-themed Solana Memecoins. Despite Solana’s 21% decline over the past week, coins like Solama (+9.75%), POPCAT (+11.44%), and DogWifHat are thriving, especially after they’ve been listed on Binance.

Enter Sealana — a new meme coin diving into the Solana Sea with a seal theme. It aims to capture attention with its American cultural twist, referencing South Park. Sealana adopts the ‘Send to Wallet’ presale format, requiring users to buy through the website or directly send SOL to the presale wallet. Participants will receive tokens after the presale ends.

You can currently get 6,900 $SEAL for 1 SOL. The project has already raised over $709k, hinting at its potential success. To stay updated, follow Sealana’s Twitter and join its announcement-only Telegram. Don’t miss out on this summer’s meme coin frenzy – Sealana could be the standout of 2024.

4. Base Dawgz ($DAWGZ) — The Game-Changing Coin With Innovative Vision

best crypto to trade - base dawgz

Base Dawgz ($DAWGZ) is a dog-themed meme coin featuring Shiba Inu, Wojak, and other memes. Since many of the leading coins by market capitalization are inspired by Shiba Inu, this one also has the potential to follow their path.

Base Dawgz may be the best crypto to trade on weekends. It has a total supply of 8,453,000,000 tokens, 20% of which are allocated to the presale. The current price is $0.00479, and it will increase every seven days. 

The project offers multichain capabilities, so holders can transfer tokens between Solana, BNB Chain, Ethereum, Avalanche, and Polygon. 

Apart from this interoperability, Base Dawgz offers social rewards. More specifically, we’re talking about its Be Social for AIrdrop campaign, where users can share content about the project and gain real tokens in the process.

Base Dawgz’s vision is clear: reshaping the boundaries of what can be achieved using advanced blockchain technology. The team is dedicated to setting up a decentralized platform that will enable users to seamlessly interact, explore, and conduct transactions across many blockchains.

5. Mega Dice ($DICE) — New Crypto to Trade Offering Rewards Based on Casino Performance With $DICE

mega dice crypto to trade

Mega Dice has a dedicated community that supports the project, making $DICE a strong contender for the best cryptocurrency for day trading. The platform’s design emphasizes user experience and personal security while offering a seamless integration of online gambling and cryptocurrencies.

The Mega Dice Token has a total supply of 420 million tokens, 147 million of which are reserved for the ongoing presale.

Even though its presale has just started, Mega Dice has already raised over $666k in funding while selling over 9.6 million tokens. By purchasing tokens at $0.069 each, you get not only a gaming currency but also exclusive access to certain features, limited edition NFTs, staking rewards, and more.

Players who maintain activity on the website for 21 consecutive days and wager a minimum of $5,000 will automatically qualify for the $2.25 million airdrop Mega Dice offers.

Mega Dice is accessible through Telegram, but you can also follow the latest developments via Twitter.

6. 99Bitcoins ($99BTC) — New Learn-to-Earn Token to Trade, It Rewards Users for Learning About Crypto

99bitcoins best crypto to trade

99Bitcoins is a promising player in the crypto world with its unique learn-to-earn platform. This platform lets users earn $99BTC rewards by completing quizzes, learning modules, and more.  To improve their crypto skills, $99BTC holders can also access advanced trading courses, webinars, and VIP groups.

It’s among the best cryptos to day trade, prioritizing volatility, volume, and liquidity. It also offers a multichain feature via Ethereum and BSC, which gives users flexibility for staking and allows them to enjoy high staking rewards of over 3700%.

Regarding tokenomics, the project has a total supply of 99 billion tokens, with 10.5% allocated to the presale, 8% for liquidity, 14% for staking, 17% for community rewards, and 23% for marketing.

With an attractive $99,999 giveaway for early birds, 99Bitcoins welcomes everyone to join the learn-to-earn movement and seize its opportunities.

The presale is currently underway, offering $99BTC tokens for as low as $0.00103.

7. Sponge V2 ($SPONGEV2) — A New Meme Coin That Will Replace Sponge

spongeV2 homepage

Sponge V2 is a new crypto project that aims to replicate the success of its predecessor, Sponge V1. Sponge V1 was one of the most popular meme coins in 2023. It reached a market cap of $100 million and attracted more than 13,000 holders.

Sponge V2 is an upgrade to the Sponge V1 token that uses a stake-to-bridge model. It can only be obtained by locking V1 tokens into the V2 staking pool.

$SPONGE V2 has a maximum token supply of 150 billion, and so far, more than 9 billion tokens have been staked. Investors can stake their tokens on Ethereum and Polygon. The staking rewards on Ethereum are distributed at a rate of 6149 $SPONGE per ETH block, while on Polygon, this rate is 300 $SPONGE per POLY block. Keep in mind that SPONGE V2 offers higher APY on polygon – 389% vs. 170%.

At the time of writing, the price of one $SPONGE V2 token is $0.001447. However, once it launches, its value will go up by 8491.68%, which makes it a good option for daily traders.

8. eTukTuk ($TUK) – Sustainable Crypto Project Whose Plan Is to Replace Tuk Tuks With Their Electric Counterparts

etuktuk homepage

eTukTuk is a crypto project that will appeal to daily traders who are into eco-friendly cryptocurrencies. The goal of its developers is to improve the transportation infrastructure in developing countries. How? By producing electric versions of Tuk Tuks powered by AI.

The main character of eTukTuk’s ecosystem is its native token, $TUK. This utility token will be used for transactions, i.e., drivers and passengers will be able to use it to pay for rides and at EV charging stations. Investors will also be able to stake $TUK tokens for rewards. Staking awards will be dispersed over three years at a rate of $4.75 TUK per BSC block, while the current APY stands at 104%.

To attract more investors, eTukTuk’s developers will launch a P2E game in the style of Crazy Taxi. At the time of writing, eTukTuk is in its presale phase, during which it managed to raise over $2.5 million. $TUK has a limited supply of two billion tokens, of which 120,000,000 will be available during the presale. $TUK’s current price amounts to $0.031 per token.

9. Bitcoin ($BTC) — The World’s Largest Cryptocurrency and the Best Crypto to Day Trade Right Now

Bitcoin price chart 2024

Bitcoin remains the world’s largest cryptocurrency, according to CoinMarketCap, boasting a market cap of over $1.134 trillion. Much of Bitcoin’s success has come from its ‘first mover’ status, which launched the cryptocurrency revolution in 2009.

Although the BTC price has taken a hit in 2022, this crypto remains one of the best options for traders.

Not only do merchants worldwide now accept BTC as a payment method, but many investment firms now offer financial products that provide exposure to Bitcoin’s price.

At the time of writing, Bitcoin reached a new all-time high of over $70K. We have our insights regarding the Bitcoin price forecast based on past trends and new factors.

Furthermore, Bitcoin regularly showcases over $26 billion daily trading volume, making it the most traded crypto worldwide. This also means that many of the best crypto exchanges offer low spreads on BTC trading, ensuring it remains appealing to traders and scalpers.

10. Binance Coin ($BNB) — Great Token to Trade With Low Volatility

BNB price chart 2024

As the name suggests, Binance Coin is the utility token of Binance – the world’s largest cryptocurrency exchange, according to CoinMarketCap.

It was launched initially as an ERC-20 token on the Ethereum blockchain, but now it has migrated to the main BNB Chain. Since BNB is inextricably linked to Binance, the coin’s price movements tend to be influenced by the platform’s growth.

BNB has several use cases, such as trading fee discounts and access to token sales on the Binance Launch Pad.

The token is also used within the Binance Smart Chain (BSC) for tasks such as minting NFTs and creating dApps.

Due to BNB’s massive liquidity, the token is among the best coins for spot trading. Furthermore, BNB tends to exhibit low volatility relative to other cryptocurrencies.

As such, many traders opt to trade or scalp BNB, as it’s rare that the token’s price will move erratically.

10. Ethereum ($ETH) — Best Cryptocurrency to Trade for Clear Price Action

ethereum price chart 2024

Ethereum needs no introduction. Over the past few years, it has solidified itself as one of the best altcoins to trade and among the most searched cryptos.

The Ethereum blockchain made a name for itself due to its smart contract functionality, yet its native token, ETH, is also appealing from a trading perspective.

Since ETH is used to pay network (GAS) fees, the token remains in high demand throughout the year. This demand plays a massive role in ETH’s price movements, as the more ‘active’ the network is, the more bullish momentum the token seems to experience.

Ethereum is the pioneer in introducing the concept of a blockchain smart contract platform. In addition to smart contracts, Ethereum’s blockchain supports other tokens using the ERC-20 compatibility standard. In 2022, Ethereum renamed its transition from proof-of-work to proof-of-stake as “The Merge.”

Many traders looking to make money with cryptocurrency will also gravitate towards Ethereum due to its well-defined price action, making it possibly the best crypto for swing trading.

A glance at the ETH/USD price chart will clearly showcase strong support and resistance levels, which can act as entry points for traders. Combine this with Ethereum’s high liquidity, and it’s clear why this token is so favored.

Crypto Trading Explained

So, what is crypto trading? It’s the process of buying and selling cryptocurrencies over a short timeframe. So traders often ask which crypto to buy today for the short term. For example, an investor may buy Bitcoin in the morning and then sell it a few hours later in the afternoon – that’s an example of crypto trading.

Like long-term investing, crypto traders are speculating on the price of an asset, either by going ‘long’ or going ‘short.’ However, since investment timeframes are usually measured in hours (or even minutes) when crypto trading, this approach tends to focus on smaller price movements.

The main benefit of crypto trading, compared to other strategies, is that traders can make profits in a very short amount of time. Buying one of the undervalued crypto coins just before a bullish surge and selling immediately after has been known to net crypto traders double-digit profits in just a few hours.

However, although the best cryptocurrencies to trade can provide market-beating returns, it’s also essential to remember that this strategy is deemed riskier than longer-term approaches (e.g., ‘buy and hold’).

The crypto market is inherently volatile, so trading these coins short-term requires a high-risk tolerance.

Crypto Trading vs Crypto Investing

When researching the best cryptocurrency to trade, it’s vital to understand the differences between ‘crypto trading’ and ‘crypto investing.’ Many believe both terms refer to the same approach – but this isn’t the case.

As noted above, crypto trading refers to speculating on a coin’s price movements over a short-term investment horizon. This horizon has no upper limit, although positions can often be opened and closed on the same day. Although riskier, this approach can result in market-beating returns if done correctly.

On the other hand, crypto investing has a more long-term approach – similar to the well-known ‘Buy and Hold’ strategy. Those who invest in cryptocurrency with a longer investment horizon can ride out periods of volatility, meaning that emotions don’t play as big a role as they do with trading. Crypto investors also don’t need to ‘time the market,’ as the exact entry point isn’t crucial.

So, which approach is better? Trading is considered riskier and requires a more ‘ hands-on’ approach, which can be challenging for people with full-time jobs. However, as mentioned earlier, effective traders can often make double-digit daily returns if they open well-researched positions.

What Is the Best Time to Trade Cryptocurrencies?

Is there a ‘best’ time to trade cryptocurrencies? This is a challenging question since the crypto market is open 24/7. However, there are a few factors to consider when choosing when to place cryptocurrency trades.

According to Statista, daily crypto trading volume peaked on May 20, 2021, when the market surged to a $516 billion valuation. When the market is this active, liquidity is extremely high, which reduces the chance of slippage and allows an order to be executed instantly. Based on these factors, opening positions with elevated volume can benefit traders.

Crypto trading hours volume

Those wondering how to trade cryptocurrency may also wish to open positions during US stock market hours, between 9.30 am and 4.00 pm EST. Again, this is when most traders are ‘active’ in the markets, which helps boost liquidity.

On the other hand, many traders opt to avoid the markets over the weekend. Institutional traders aren’t active on Saturdays and Sundays, meaning volume is low – leading to higher spreads from many of the best altcoin exchanges.

In addition, price movements over the weekend often conflict with the overarching analysis of specific crypto, which may lead to avoidable losses.

Conclusion

To conclude, this guide has conducted a deep dive into the best crypto to trade in 2024, discussing coins best suited for traders before exploring several top trading strategies.

During this crypto surge, PlayDoge, Sealana, and WienerAI are the best crypto coins to trade daily. It is important to conduct thorough crypto market research and consider all relevant factors before deciding between strategies.

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