Wondering what the best altcoins to invest in right now are? Today’s your lucky day. 2023 has been an excellent year for cryptocurrency investors and many analysts expect 2024 to bring in even bigger profits.
Five best altcoins to invest in right now
Without further ado, let’s jump right into our list of the best altcoins to invest in right now to earn massive returns in 2024:
1. InQubeta (QUBE)
InQubeta is king of the new DeFi projects launched this year. The crowdfunding network aims to provide an alternative channel for those looking to invest in artificial intelligence (AI). It allows investors who might not meet the often insane requirements many mainstream investment companies have, like minimum deposits that exceed what many people make annually, to access AI investment opportunities.
InQubeta’s blockchain is hosted on the Ethereum (ETH) network, giving it the same functionality. Its investment space uses ERC20 coins (non-fungible tokens) and fractionalization to deliver a safe, transparent investment ecosystem that’s more efficient than mainstream options.
InQubeta focuses on investment opportunities in the artificial intelligence space which positions it for considerable growth given how much capital has poured into AI in the last few years. Investments have grown 10X since 2015 and an excess of $120 billion is currently backing the technology.
AI investments are expected to reach $1.5 trillion in the next several years, and InQubeta will play a substantial role in helping to direct some of this capital to AI startups by making investments more accessible for regular investors. QUBE is priced at $0.01925 right now but they could be as high as a dollar in 2024. Early investors have earned 175% returns so far and they’ll have earned 440% returns by the time tokens launch on exchanges.
2. Render (RNDR)
Render has been one of the top crypto coins to buy in 2023 and more growth is expected next year as its platform attracts new users at an exponential rate. RNDR prices have grown 1,080% this year, and it could exceed those numbers in 2024.
Render is a utility-focused cryptocurrency project that allows miners to monetize unused processing power to those who need it.
3. Solana (SOL)
Solana is another top altcoin that has enjoyed tremendous growth in 2023, earning investors 881% returns on their investments. The project’s DeFi ecosystem has led to a considerable increase in its market share, and it’s now a serious threat to the Ethereum network.
Solana could end up playing Ethereum’s role in the cryptocurrency world by the end of 2024 if it maintains its current growth rate. That means big profits for investors.
4. Fetch.ai (FET)
Fetch.ai is another AI-focused cryptocurrency that has enjoyed substantial growth this year. Prices are up 633% from the start of the year as its AI building grounds gain popularity. The project provides a decentralized machine learning platform that provides regular people with access to secure data sets and AI bots that can execute tasks on behalf of users using set parameters.
Bots created in its ecosystem are used for various tasks like online shopping and decentralized finance.
5. Injective (INJ)
Injective is another one of the promising new DeFi projects launched this year as its ecosystem provides a wide range of decentralized financial services. INJ prices have surged 2,988% in the past 12 months and the party’s just getting started given the many solutions its network provides to the unbanked and those who prefer decentralized finance. Expect more exponential growth in 2024.
Summary
QUBE, RNDR, SOL, FET, and INJ are five of the best crypto coins to buy today to earn substantial returns in 2024. INJ enjoyed the most growth this year, but QUBE will likely outperform it in 2024 with some projections expecting as much as 100x growth.
