What is the next big cryptocurrency for 2024? Definition from Digimagg

As the market starts to rise, traders are seeking the next major cryptocurrencies for potential substantial growth in 2024. Many anticipate the most bullish year yet and are searching for the standout cryptocurrencies of 2024. Out of the vast array available, we've selected five top picks for investment in 2024.

We've explored diverse tokens—from high-market cap assets to utility-driven projects and emerging ventures—promising significant returns, some even reaching 100x growth potential.

Smog Token

Smog Token ($SMOG) emerges as a top choice among newly trending meme coins, positioned as a significant cryptocurrency for 2024. It's generating considerable buzz due to its highly anticipated airdrop, set to be the largest in Solana network history. Launched via a fair distribution method on Jupiter DEX, $SMOG ensures equal opportunities for all investors at the same price point. Offering a distinctive utility, $SMOG holders can earn airdrop points, granting eligibility for the upcoming airdrop. Participation in the Zealy campaign further augments airdrop points, involving completion of specific project-related tasks. The overwhelming response to the Zealy campaign, with over 600,000 quests completed, underscores the immense anticipation for the $SMOG airdrop. Additionally, Smog Token expanded to Ethereum through Wormhole in February 2024, allowing $ETH holders to participate. With an unprecedented airdrop on the horizon, $SMOG emerges as a standout cryptocurrency for 2024. Interested investors can avail a 10% discount by purchasing on the project's website or acquire it on Jupiter DEX using $SOL.

Dogecoin 20 

Dogecoin 20 ($DOGE 20) is an emerging meme coin inspired by Dogecoin, gaining rapid attention post-launch. It introduces innovative features, eco-friendly design, and sustainable tokenomics. Unlike Dogecoin, it adopts proof-of-stake, reducing energy consumption and implementing a maximum token supply to curb inflation. Additionally, $DOGE20 offers staking rewards, allocating 15% of its total supply for rewards over two years. Anticipated as a prominent cryptocurrency project in 2024, Dogecoin20 aims to revolutionize the market.

Chainlink 

Chainlink stands as a cornerstone utility project within the cryptocurrency landscape, poised for sustained growth in the coming year. As an integral infrastructure ecosystem, it underpins numerous top-tier platforms, integrating its Oracle solutions into the core of their operations. The Chainlink oracle facilitates the retrieval of off-chain data for execution within on-chain smart contracts, serving as a vital bridge between closed blockchain systems and real-world data sources. Offering a wide array of data feeds, from price information to weather updates and sports results, Chainlink empowers leading protocols across various domains. Notably, US-based ETFs have leveraged Chainlink's proof-of-reserve feed to enhance their systems. With its pivotal role in the industry, Chainlink emerges as a top cryptocurrency investment choice.

Scotty the AI 

Scotty the AI ($SCOTTY) emerges as a top cryptocurrency investment for 2024, with its AI integration poised for remarkable growth. This meme coin project revolves around AI technology, aiming to deliver state-of-the-art solutions enhancing security, fraud detection, and risk mitigation in the crypto trading realm. Inspired by the Scottish Terrier dog breed renowned for intelligence and loyalty, Scotty the AI offers two utility-driven products ahead of its token launch. Firstly, Scotty Swap introduces an advanced trading decentralized exchange (DEX) equipped with professional order types, optimizing trades for maximum returns through integrated AI. Secondly, Scotty Chat presents an AI-powered chatbot extracting insights from on-chain data to inform the community about emerging trends. Positioned as an emerging crypto investment, Scotty the AI presents significant growth potential throughout 2024. Investors can acquire $SCOTTY tokens on the project's website using $ETH, $USDT, or credit/debit cards.

Uniswap

Uniswap, a leading DeFI platform globally, pioneered frictionless token swaps in the cryptocurrency sector. As an Automated Market Maker (AMM), it enables decentralized token exchanges without the need for registration or reliance on centralized services. Users can seamlessly swap tokens on-chain through Uniswap, depositing liquidity into specific pools for others to trade with. Liquidity providers earn transaction fees as rewards, incentivizing them to maintain their locked liquidity. Additionally, depositors earn an Annual Percentage Yield (APY) on their assets, offering a pathway to consistent passive income. Uniswap has emerged as a preferred platform for new projects to launch their tokens, positioning it as a prime infrastructure investment opportunity for 2024.