Bitcoin has been in a massive bull run in the past week, gaining over 20% in just five days. BTC tokens have reached a price of over $51,350 for the first time since December 2021, showing no signs of stopping. However, despite the impressive gains, Bitcoin likely won't be the highest gainer in 2024.
Numerous other crypto platforms are showing huge gain potential, and some are poised to outperform Bitcoin and potentially result in 100x gains or higher. Platforms like Smog Token, Bitcoin Minetrix, Sponge V2, Meme Kombat, and eTukTuk are leading the way, so let's see which other projects will shake crypto markets in 2024.
1. Smog Token - Solana Meme Coin with Huge Growth Potential
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The Smog Token, or $SMOG, is the newest meme coin built on the Solana blockchain. It's inspired by Smog, the Dragon from the Lord of the Rings fantasy world, and it is gaining traction among investors. The $SMOG token launched on the Jupiter exchange without any presales will bring the Greatest Airdrop in the history of memes.
There are 1.4 billion tokens in circulation; you can get them by exchanging SOL or ETH tokens. If you use SOL, you can hold on to the tokens and wait for the airdrop, and if you use ETH, you can stake them for a 42% APY.
2. Bitcoin Minetrix - Cloud-Based Stake-to-Mine Bitcoin Mining Platform
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Bitcoin Minetrix is a new cloud-based BTC mining platform with a unique approach to earning Bitcoin. The Stake-to-Mine reward system allows you to stake native BTC MTX tokens to earn nonfungible mining credits used to rent out remote mining machines.
The process is straightforward, making mining BTC accessible to the regular user. You don't have to worry about massive hardware or electricity costs; you can manage everything from the Bitcoin Minetrix smartphone app. The platform raised nearly $11 million during the ongoing presale, so invest today to get the highest returns.
3. Sponge V2 - The Next 100x Meme Coin
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Sponge V2 is a new, upgraded version of the $SPONGE token that closed 2023 as one of the highest-gaining memes on the market. The latest version offers much better token utilization, built around a P2E game with multiple reward opportunities. However, the only way to obtain the new SPONGE V2 token is through a Stake-to-Bridge reward system that requires you to buy and stake the original $SPONGE token to earn the new version.
According to the official site, the Sponge Token community has already staked over $8.5 million worth of $SPONGE tokens to earn V2s, which are nearly 4,000% more valuable than their predecessor.
4. Meme Kombat - Another High-Potential Meme Coin with P2E Features
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Meme Kombat is another unique meme coin with excellent utility. It's a platform that allows you to choose one of the most popular online meme characters and put them against other memes in fully AI-controlled arena battles. It features multiple reward systems and token-earning opportunities.
Players must stake native $MK tokens before each battle; if they win, they get higher returns. You can also bet on random battle outcomes to earn $MK. The official presale is ending soon, and it raised over $8.7 million.
5. eTukTuk - Platform That Aims to Revolutionize the Growing TukTuk Transportation Industry
eTukTuk is an eco-friendly blockchain platform that aims to rEVolutionize the massive 270-million strong TukTuk transportation industry. Its goal is to help replace ICE vehicles with a fleet of electric-powered Tuktuks and provide an affordable network of charging stations across the globe to reduce CO2 emissions and increase air quality.
Everything is powered by the native $TUK token used as payment for charging the vehicles. You can earn tokens by playing a Crazy Taxi-like game, so invest today and help build a better world for millions of TukTuk drivers and their families.
6. Kaspa - Blockchain With New Scaling Protocol and Unique Consensus
Kaspa and its crypto KAS-USD introduce a new blockDAG protocol, GHOSTDAG, to increase scalability and transaction times across multiple blockchains. It's designed to streamline all essential processes, offering a practical scaling approach without expensive hardware.
Considering that blockchain technologies will have broader applications over the next decade, Kaspa is one of the platforms that will get wider adoption, outperforming Bitcoin by a large margin. The token gained over 600% in the past six months, but it's piosed to explode by the end of the year.
7. Ripple - One of the Leading Cryptos Making a Huge Comeback
Ripple and its XRP token have experienced significant price swings in the past few years, primarily due to the ongoing lawsuit against the SEC. However, the platform is still known as the best cross-border payment blockchain that facilitates fast and cheap transactions. Once the SEC lawsuit is over and XRP proves its innocence, it can quickly become one of the highest-gaining cryptos on the market.
8. Polygon - Leading Ethereum Scaling Solution Introducing New Features
Polygon is the go-to Ethereum scaling solution, and it gains a ton of value every time ETH goes on a bull run. However, in the past few years, the platform has worked hard to introduce new features, positioning itself as one of the most versatile layer-2 networks on the market. Since ETH is expected to gain a ton of value by the end of 2024, adding a few MATIC tokens to your portfolio is an absolute must!
9. Cardano - Historically One of the Best-Performing Cryptos on the Market
Cardano and its ADA tokens are in a bullish phase after years of slow decline. ADA gained over 20% in just one week, and the previous time that happened, it kept growing, resulting in gains of over 6,000% over the next year. The increase in developer activity in the past month is a clear sign of future growth, and ADA is likely to become one of the tokens that outperform Bitcoin moving forward.
Final Words
With the next crypto market bull run about to launch, investing in the platforms with the highest potential is a must if you want to get the most out of the latest events. Platforms such as Smog Token, Bitcoin Minetrix, Sponge V2, Meme Kombat, and eTukTuk are expected to grow exponentially in the next few months, so take your chance to invest early to get the highest returns!