Top 20 Crypto Altcoins to buy now in December 2024

Cryptocurrency is constantly evolving, and December 2024 is shaping up to be an exciting month for altcoin investors. With hundreds of options in the market, choosing the right ones can be tricky. That’s why we’ve put together a list of 20 altcoins that show strong potential based on trends, market performance, and innovation.Let’s take a look at the top 20 altcoins to buy in December 2024.

Top 20 Crypto Altcoins to buy now in December 2024

1.XRP

Investing in XRP presents a compelling opportunity based on its strong performance, innovative use case, and current market indicators. Priced at $2.55 with a significant 24-hour trading volume of $19.46 billion and a market cap of $145.82 billion, XRP has demonstrated remarkable resilience and growth, increasing by 5.31% in the last 24 hours.

Its bullish sentiment, supported by the Fear & Greed Index at 79 (Extreme Greed), indicates strong market confidence. Additionally, trading above the 200-day simple moving average and recording 18 green days in the last 30 showcases its positive momentum.

Historically, XRP has shown the ability to recover from lows, with a significant increase from its cycle low of $0.113268 to a recent high of $2.89. Over the past year, XRP’s price surged by 273%, outperforming 81% of the top 100 crypto assets, including Bitcoin and Ethereum.

This demonstrates its capacity to deliver exceptional returns even in a competitive market. Moreover, its high liquidity ensures stability for larger trades, making it a viable investment option for both individual and institutional investors.

XRP’s focus on revolutionizing cross-border payment solutions adds further appeal, addressing a critical financial need by enabling fast, cost-effective, and scalable international transactions. While its yearly supply inflation rate of 6.23% introduces moderate dilution, its strong demand and outperformance mitigate this factor.

With a circulating supply of 57.12 billion XRP and a track record of beating market averages, XRP’s trajectory appears favorable for continued growth. Investors seeking a high-performing asset with strong market fundamentals, innovative use cases, and proven resilience may find XRP a strategic addition to their portfolio.

2. Bitcoin

Investing in Bitcoin offers a solid opportunity given its market dominance and proven track record. Priced at $99,671 with a robust 24-hour trading volume of $57.91 billion and a market cap of $1.97 trillion, Bitcoin continues to lead the cryptocurrency market with 53.34% dominance.

Its recent price increase of 0.31% highlights ongoing investor confidence, further supported by a bullish sentiment and the Fear & Greed Index showing 79 (Extreme Greed). Bitcoin’s position near its all-time high of $103,804 underscores its resilience and growth potential.

Bitcoin’s low yearly inflation rate of 1.16% ensures a controlled supply, with only 226,551 BTC created in the past year, maintaining its scarcity. Over the last year, Bitcoin has delivered a 126% return, outperforming Ethereum and 59% of the top 100 crypto assets.

With 19 green days in the last 30, Bitcoin’s consistent performance reinforces its status as a reliable store of value and a strong investment choice. Its high liquidity and trading above the 200-day simple moving average signal robust market activity and stability.

As the pioneer cryptocurrency, Bitcoin benefits from widespread adoption and recognition as a hedge against traditional financial instability. Its proximity to both its cycle high and all-time high demonstrates strong upward momentum.

For investors seeking a secure, high-liquidity asset with a track record of long-term value growth, Bitcoin remains a prime choice, particularly as it continues to solidify its position as digital gold in an evolving financial landscape.

3. Dogecoin

Investing in Dogecoin offers an attractive opportunity, particularly given its strong market momentum and recent developments. Priced at $0.469234 with a robust 24-hour trading volume of $21.45 billion and a market cap of $69.02 billion, Dogecoin has surged 8.24% in the past 24 hours, reflecting renewed investor enthusiasm.

With a bullish market sentiment and the Fear & Greed Index at 79 (Extreme Greed), Dogecoin is gaining traction as a promising altcoin. It is trading above the 200-day simple moving average and nearing its cycle high of $0.482467, signaling continued upward momentum.

Over the past year, Dogecoin’s price has increased by an impressive 356%, outperforming 85% of the top 100 crypto assets, including Bitcoin and Ethereum. Its consistent performance, with 20 green days in the last 30 (67%), highlights strong investor confidence and sustained liquidity.

Despite a modest yearly inflation rate of 3.48%, the creation of 4.95 billion DOGE last year has not hindered its robust growth, thanks to significant demand and high market activity.

Recent developments, such as its integration into popular platforms for tipping and payments, have bolstered Dogecoin’s real-world utility. The active endorsement by key figures and community-driven developments further enhance its visibility and adoption.

With a proven track record of outperforming top assets and strong market fundamentals, Dogecoin offers a compelling mix of growth potential and accessibility for both new and seasoned investors. As its ecosystem continues to expand, Dogecoin remains a viable choice for those seeking to capitalize on its unique position in the cryptocurrency market.

4.PEPE

Investing in PEPE offers high-reward potential, particularly as the cryptocurrency market transitions into altcoin season. With Bitcoin’s dominance waning and liquidity flowing into alternative assets, memecoins like PEPE are emerging as popular high-risk, high-reward opportunities.

Currently priced at $0.00002544 with a 24-hour trading volume of $5.52 billion and a market cap of $10.70 billion, PEPE has seen a remarkable 19.43% increase in the last 24 hours, signaling strong bullish momentum. Its trading above the 200-day simple moving average and near its cycle high of $0.00002631 reinforces its upward trajectory.

PEPE’s extraordinary growth over the past year, with a price surge of 1,544%, has outperformed 92% of the top 100 crypto assets, including Bitcoin and Ethereum. This demonstrates its capacity for delivering significant returns during favorable market conditions.

Despite its extreme volatility, PEPE’s liquidity and active market participation make it a viable option for short-term speculative investors looking to capitalize on momentum-driven gains.

As a leading memecoin, PEPE benefits from the broader bullish sentiment in the cryptocurrency market, supported by the Fear & Greed Index at 79 (Extreme Greed). Its ability to consistently attract investor attention during market rallies suggests potential for further price increases.

For those willing to embrace the inherent volatility of memecoins, PEPE represents a high-risk investment with the possibility of substantial short-term rewards, especially as market conditions favor altcoins.

5. BGB

Investing in BGB, Bitget’s native utility token, offers a unique opportunity to maximize benefits within one of the leading cryptocurrency trading platforms. Designed to enhance user engagement and reward participation, BGB provides multiple utilities that make it a valuable asset for both active traders and long-term investors.

Its role in reducing trading fees offers immediate cost-saving advantages, making frequent trading more efficient and profitable. Additionally, staking BGB enables users to earn passive income, adding a compelling incentive for those looking to hold the token over the long term.

BGB also unlocks exclusive access to premium events, token launches, and platform promotions, making it particularly appealing to active users who want to stay ahead in the dynamic cryptocurrency space. Its integration with copy trading features offers enhanced rewards and better access to top-performing traders, enabling users to optimize their trading strategies.

Furthermore, BGB holders gain voting power in governance decisions, providing them with a voice in shaping the platform’s future, such as deciding on new listings or feature updates.

From an investment perspective, the growing adoption of Bitget as a trading platform strengthens BGB’s utility and demand. As the platform expands its user base and services, the value of holding BGB is likely to increase, particularly as its functionalities cater to both retail and institutional users.

For investors seeking a token with real-world application, steady demand, and the potential for both utility and financial growth, BGB stands out as a strategic choice.

6. Ethereum

Investing in Ethereum offers a promising opportunity, as its current market performance signals potential for significant price growth. Trading at $3,940, Ethereum is approaching its intra-year high of $4,088, with strong momentum driven by increased market activity and Bitcoin’s rally.

Historically, Ethereum has shown a strong positive correlation with Bitcoin, meaning Bitcoin’s surge often sparks increased investor interest in altcoins like Ethereum, further enhancing its prospects for upward price movement.

Analysts predict Ethereum could challenge its all-time high resistance level of $4,868, positioning it as a candidate for even greater price appreciation. The ongoing rise in institutional interest and market confidence adds to its bullish outlook.

As the second-largest cryptocurrency, Ethereum benefits from widespread adoption in decentralized applications, DeFi, and smart contract ecosystems, ensuring steady demand. For investors seeking a high-performing, widely adopted cryptocurrency with a proven track record and strong growth potential, Ethereum remains a solid and strategic choice.

7. Shiba Inu

Investing in Shiba Inu (SHIB) presents a unique opportunity, leveraging its strong market correlation with Bitcoin (BTC) and an innovative deflationary strategy. With a correlation coefficient of 0.71, SHIB often mirrors Bitcoin’s price trends, benefiting from Bitcoin’s recent rally past $100,000.

This dynamic has propelled SHIB to $0.00003268, its highest price in months, highlighting its potential to capitalize on Bitcoin’s market dominance during bullish phases.

The Shiba Inu ecosystem’s aggressive token-burning mechanism has significantly enhanced its economic model by reducing the total supply to 583 trillion tokens after burning over 410 trillion.

This deflationary approach increases scarcity, driving up the intrinsic value of the remaining tokens and making SHIB particularly attractive to long-term investors seeking sustainable growth potential.

SHIB’s robust ecosystem further supports its value, with platforms like Shibarium and ShibaSwap boosting utility and generating transaction fees that contribute to its deflationary cycle.

Shibarium, with nearly 600 million transactions, and ShibaSwap, managing over $26 million in assets, create a self-reinforcing system that ties ecosystem activity to SHIB’s scarcity and price appreciation.

The combination of Bitcoin’s influence, a deflationary supply model, and an expanding ecosystem positions SHIB for continued momentum. As Bitcoin consolidates above $100,000 and the Shiba Inu ecosystem advances, SHIB is poised for further growth, making it a compelling investment choice for those looking to tap into the memecoin market with strong fundamentals.

8. TRON

Investing in TRON (TRX) is gaining traction due to strategic developments and favorable market dynamics. Founder Justin Sun’s high-profile investment of $30 million in World Liberty Financial (WLFI) tokens underscores his commitment to expanding TRON’s influence within the crypto ecosystem.

This move positions TRON as a contender for broader market recognition, similar to XRP, which has experienced significant growth. Such strategic alignments enhance TRON’s visibility and appeal, particularly as it aims to capitalize on emerging market trends.

The broader market context further strengthens TRON’s investment case. Bitcoin dominance recently fell below a critical two-year support level, historically signaling the onset of an altcoin rally.

Analysts predict that altcoins like TRX could outperform as investors diversify away from Bitcoin to explore higher-growth opportunities. TRON’s ability to leverage this shift positions it as a strong candidate for substantial price appreciation during the anticipated altcoin surge.

These factors, combined with TRON’s established presence and growing strategic initiatives, make it a compelling investment choice for those looking to benefit from altcoin market dynamics and targeted growth strategies within the crypto space.

9. Stellar (XLM)

Investing in Stellar (XLM) presents an attractive opportunity given its robust market performance and increasing adoption. Currently priced at $0.488451 with a 24-hour trading volume of $1.53 billion and a market cap of $14.73 billion, Stellar has demonstrated resilience, posting a 0.88% price increase in the last 24 hours.

Its bullish sentiment, supported by the Fear & Greed Index at 79 (Extreme Greed), indicates strong market confidence. Stellar is trading above its 200-day simple moving average, signaling positive momentum and sustained growth potential.

Over the past year, Stellar’s price has surged by 261%, outperforming 79% of the top 100 crypto assets, including Bitcoin and Ethereum. With 20 green days in the last 30 (67%), Stellar has shown consistent performance, reinforcing its appeal to both retail and institutional investors.

Despite its yearly supply inflation rate of 7.27%, the strong demand and liquidity in the market have supported its value, making it a reliable choice in a volatile cryptocurrency market.

Stellar’s utility in cross-border payments and its established reputation as a fast, low-cost platform for financial transactions further enhance its investment appeal. As the market for blockchain-based financial services grows, Stellar is well-positioned to capture significant value. For investors seeking a high-liquidity asset with strong fundamentals and the potential for further price appreciation, Stellar offers a compelling opportunity.

10. Solana (SOL)

Investing in AIXBT by Virtuals offers a promising opportunity due to its strong market fundamentals and bullish sentiment. Currently priced at $0.198862 with a 24-hour trading volume of $19.83 million and a market cap of $170.15 million, AIXBT shows high liquidity and market activity, making it an appealing option for both short-term traders and long-term investors. Despite a 6.38% decrease in the past 24 hours, the token is trading near its cycle high of $0.202223, indicating potential resilience and upward momentum.

The Fear & Greed Index at 79 (Extreme Greed) reflects a favorable market sentiment, which often drives increased buying activity. AIXBT’s recent price movements, climbing significantly from its all-time low of $0.024033 in November 2024, demonstrate its capacity for rapid recovery and growth. With a circulating supply of 855.61 million out of a maximum of 1 billion tokens, the limited supply supports future value appreciation as demand increases.

As AIXBT continues to attract attention and maintain bullish sentiment, it is positioned to capitalize on broader market dynamics and investor interest. For those seeking a high-liquidity asset with potential for strong returns, AIXBT by Virtuals presents a viable and strategic investment option, particularly as it approaches key resistance levels that could drive further price gains.

14. Theta Network (THETA)

Investing in Solana offers significant potential due to its unmatched speed, scalability, and growing ecosystem. Known for processing thousands of transactions per second at minimal cost, Solana has established itself as a strong competitor to Ethereum.

Its high throughput and low fees make it an attractive option for decentralized applications (dApps), decentralized exchanges (DEXs), and blockchain-based gaming and NFT projects.

Solana’s ecosystem is rapidly expanding, with increasing adoption across DeFi, gaming, and NFTs, showcasing its versatility and broad appeal. The platform’s developer-friendly tools and resources have attracted a growing number of projects, solidifying its position as a go-to blockchain for innovation.

This expanding user base and project diversity create a reinforcing cycle of growth and utility, driving demand for Solana’s native token, SOL.

With its focus on efficiency, scalability, and ecosystem development, Solana is well-positioned for long-term growth. For investors seeking a high-performance blockchain with strong fundamentals, increasing adoption, and the potential for sustained value appreciation, Solana presents a compelling investment opportunity.

11. IOTA

Investing in Cardano (ADA) presents a compelling opportunity driven by significant whale activity and market dynamics. Over the past week, large investors holding between 100 million and 1 billion ADA coins have added $276 million worth of ADA to their portfolios. This massive accumulation signals strong confidence from major players about ADA’s potential for future price growth.

Whale activity reduces the circulating supply of ADA while increasing demand, creating upward pressure on the price—a classic case of supply and demand at work. This activity not only tightens market liquidity but also signals to smaller investors that ADA might be a solid bet, further amplifying buying momentum and pushing prices higher.

The market trend suggests a continued bullish outlook for ADA as long as whales maintain their positions. Their influence often sets the tone for broader market sentiment, attracting retail investors and reinforcing upward trends. However, potential short-term dips could arise if these large investors decide to realize their profits. For now, ADA is riding a strong wave of positivity, making it an attractive investment option for those looking to capitalize on its current momentum.

13. aixbt

Investing in Chainlink (LINK) is a strategic opportunity due to its innovative developments aimed at bridging traditional finance and blockchain technology. The introduction of the Chainlink Runtime Environment represents a major leap forward, enabling seamless integration between legacy financial systems and blockchain protocols.

This framework unifies fragmented financial networks, enhancing efficiency and driving adoption across industries. Such advancements highlight Chainlink’s critical role in the evolution of decentralized finance (DeFi) and blockchain applications.

The integration of Chainlink’s technology with SWIFT’s messaging system further solidifies its position as a leader in blockchain interoperability. By allowing banks to use familiar systems to connect with blockchain networks, Chainlink simplifies the transition to decentralized technologies, fostering greater institutional adoption.

Additionally, privacy-focused tools like the Blockchain Privacy Manager address key concerns for businesses, boosting confidence in blockchain use while maintaining data security.

These innovations strengthen Chainlink’s utility and relevance, positioning LINK as a valuable asset in the rapidly evolving blockchain landscape. As Chainlink continues to enhance its ecosystem with groundbreaking features and expand its adoption across traditional finance, LINK’s price is poised for significant growth.

For investors seeking exposure to a project with strong fundamentals and transformative potential, Chainlink offers a compelling opportunity.

20. Hedera (HBAR)

Investing in Ethereum Name Service (ENS) presents a compelling opportunity, driven by its growing utility in the decentralized identity space and recent market momentum. ENS’s sharp price rise is supported by increased on-chain activity, including a significant uptick in transaction count and token velocity since late October. These metrics indicate rising user adoption and active network participation, laying the groundwork for sustained price appreciation.

The positive 90-day Market Value to Realized Value (MVRV) further strengthens ENS’s investment case, as token holders are currently experiencing unrealized profits. This fosters a psychological barrier to selling, encouraging long-term holding and contributing to a bullish market sentiment. This optimism amplifies ENS’s upward momentum, positioning it as a valuable long-term asset in the evolving blockchain ecosystem.

A pivotal endorsement from Coinbase CEO Brian Armstrong has elevated ENS’s profile, highlighting its role as a cornerstone of the decentralized identity ecosystem. Armstrong’s vision of ENS simplifying blockchain interactions through user-friendly domain names emphasizes its critical utility in driving mainstream adoption. As part of a broader push toward accessible decentralized applications, ENS is uniquely positioned to benefit from the growing demand for blockchain-based identity solutions.

With its increasing adoption, robust network activity, and validation from high-profile industry leaders, ENS is poised for continued growth. For investors seeking exposure to a transformative blockchain technology with real-world applications, ENS offers a strategic and forward-looking investment opportunity.

18. Uniswap

Investing in BONK presents a compelling opportunity driven by its innovative community-driven BURNmas campaign, designed to burn 1 trillion $BONK tokens by Christmas. This aggressive token-burning initiative introduces a deflationary mechanism that significantly reduces circulating supply, creating scarcity and increasing the intrinsic value of the remaining tokens. Such strategic burns often spark investor interest, as they directly enhance the token’s economic model and potential price appreciation.

The campaign incentivizes community engagement across multiple platforms, including social media and gaming, with burns tied to specific activities like posts, new followers, and bets on BONKbets.io. This approach not only strengthens BONK’s ecosystem but also builds a loyal and active user base. By linking burns to high-engagement metrics, the initiative ensures sustained visibility and momentum throughout the campaign period.

The transparent tracking of burned tokens via BURNmas.com fosters trust and excitement within the community, likely driving speculative buying and increasing BONK’s trading activity. For investors seeking a high-risk, high-reward opportunity, BONK’s deflationary campaign and community focus provide a unique investment proposition, with the potential for substantial price gains leading up to and following the BURNmas event.

16.MOG Coin (MOG)

Investing in MOG Coin offers significant potential as it emerges as a leading contender in the meme coin universe. With an all-time performance of +18,018.81% and 3-month growth of +152.90%, MOG has demonstrated a meteoric rise that reflects strong market momentum and investor confidence. Its affordability under $1 makes it accessible for a wide range of investors, while its consistent gains highlight its ability to deliver high returns in a short period.

A key driver of MOG’s success is its robust community backing, which is essential in the meme coin ecosystem. Strong community engagement often translates to sustained interest and trading activity, driving further price appreciation. As 2025 approaches, MOG’s combination of affordability, impressive growth metrics, and community-driven momentum positions it as a top pick for those seeking high-reward opportunities in the meme coin sector.

For investors looking to capitalize on the next big trend in cryptocurrency, MOG Coin’s trajectory suggests it could outperform its peers, making it a compelling addition to a diversified crypto portfolio.

17. Ethereum Name Service (ENS)

18. Uniswap

Investing in Uniswap (UNI) offers a strategic opportunity as the platform reinforces its leadership in decentralized finance (DeFi) through robust security measures and innovation. Uniswap’s v4 bug bounty program, with payouts ranging from $2,000 to a record-breaking $15.5 million, demonstrates a proactive approach to ensuring the integrity of its ecosystem. This initiative not only safeguards the platform against vulnerabilities but also boosts investor confidence by positioning Uniswap as a benchmark for security excellence in DeFi.

The program’s scale surpasses previous industry efforts, such as Immunefi’s $14.82 million payout and major tech companies like Google and Microsoft, highlighting Uniswap’s dedication to setting new standards. With over 500 researchers participating and rigorous testing already conducted during a $2.35 million security competition for v4, the platform has showcased its commitment to proactive risk management, critical in a sector that has lost over $3.6 billion to attacks since 2020.

Uniswap’s strong focus on security underpins its long-term viability and appeal, attracting both developers and users to its ecosystem. As a key player in DeFi, its innovative measures ensure resilience and enhance its reputation, fostering increased adoption and utility for UNI tokens. For investors seeking exposure to a leading DeFi platform with a clear focus on security and innovation, Uniswap presents a compelling investment opportunity with significant growth potential.

19. Chainlink (LINK)

Additionally, privacy-focused tools like the Blockchain Privacy Manager address key concerns for businesses, boosting confidence in blockchain use while maintaining data security.

For investors seeking exposure to a project with strong fundamentals and transformative potential, Chainlink offers a compelling opportunity.

20. Hedera (HBAR)

Investing in Hedera (HBAR) presents a compelling opportunity fueled by the announcement of an HBAR ETF by Canary Capital Group. The filing of an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) signals plans for a regulated, straightforward investment vehicle that directly tracks HBAR’s value. This development has boosted investor confidence, as it simplifies access to HBAR for institutional and retail investors, likely increasing demand and market participation.

The proposed ETF represents a significant step in legitimizing HBAR as a mainstream digital asset. By avoiding derivatives or futures, it ensures transparency and aligns with the growing preference for secure, direct exposure to cryptocurrencies. The ETF’s potential approval could open the door for institutional investors to diversify into HBAR, while retail investors may find it an accessible way to engage with the Hedera ecosystem without the complexities of crypto exchanges.

The strategic timing of the ETF filing reflects optimism about regulatory shifts under the new U.S. administration. Industry experts suggest a wave of crypto-related ETF applications is underway, signaling bullish sentiment across the sector. If approved, the HBAR ETF could catalyze broader adoption, enhancing HBAR’s liquidity and visibility in the market while elevating its appeal to cautious investors.

Hedera’s unique governance model, backed by a council of prominent organizations, adds to its credibility. This structure promotes security, compliance, and decentralized decision-making, fostering trust among potential investors. As the Hedera network expands its use cases, including decentralized applications and efficient transaction facilitation, the demand for HBAR is likely to grow further, reinforcing its bullish trajectory.

The ETF announcement has already sparked a positive market response, driving HBAR’s price upward. While current gains reflect excitement and speculative interest, the long-term impact depends on the ETF’s approval and adoption. If successful, this could mark a transformative milestone for HBAR, paving the way for sustained growth and solidifying its position in the cryptocurrency market.

Source: https://cryptoticker.io/en/top-20-crypto-altcoins-to-buy-december-2024/