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Top 10 Trending Crypto Tokens: Best Picks in 2024

The year 2024 has been a remarkable one for the crypto market. The approval of Bitcoin Spot ETFs in January sparked a price rally for Bitcoin and the entire market. Following the fourth Bitcoin halving in April, Bitcoin’s price reached a record high of over $73,800. This trend strengthened the belief in a strong bull run among crypto enthusiasts. 

Top 10 Trending Crypto Tokens in 2024
Source: https://www.internationaltaxreview.com/article/2arjqq3qunlzw6olr50cg/direct-tax/international-crypto-rules-face-mixed-taxpayer-reviews

On May 23, Ethereum Spot ETFs were also approved, and it happened earlier than expected. This approval was the reason many experts believe that a bull run is near. New crypto projects have appeared, such as Ordinals and Runes. Here are the top 10 trending crypto tokens in 2024: 

1. LayerZero (ZRO) 

LayerZero is a protocol for seamless cross-chain communication. It enables blockchains to interact without bridges or third parties through immutable smart contracts. LayerZero has introduced token standards like OFT (Omnichain Fungible Token) and ONFTs (Omnichain Non-Fungible Tokens). 

Key Highlights: 

  • Price Range: $3.78 (Jul 19, 2024) to $5.53 (Jul 22, 2024). 
  • Available On: Bybit as USDT or USDC Spot pairs and as ZROUSDT Perpetual contract. 
  • Investment Product: Bybit Earn Dual Asset. 

2. Toncoin (TON) 

Toncoin (TON) is the native coin of The Open Network, founded by Telegram. Its PoS Layer 1 network became fully decentralized in 2021. 

Key Highlights: 

  • All-Time High (ATH): $8.25 (Jun 15, 2024). 
  • Current Price: $6.85. 
  • Market Cap: $17.25 billion. 
  • Available On: Bybit as USDT or EUR Spot pairs and as a Perpetual contract. 
  • Promotions: TON airdrop worth up to $10,000 until Aug 2, 2024. 

3. Pepe (PEPE) 

Pepe is an Ethereum-based meme coin inspired by the “Pepe the Frog” meme. Its no-tax policy boosts its trading appeal. 

Key Highlights: 

  • ATH: $0.0000172 (May 27, 2024). 
  • Current Price: Potential to rise and break its resistance level at $0.000012 (Jul 22, 2024). 
  • Available On: Bybit as a Spot pair and Perpetual contract. 

4. PeiPei (PEIPEI) 

PeiPei is another frog-themed meme coin on Ethereum, featuring zero taxes for users. It gained significant attention with the backing of Bitcoin OG investor Davinci Jeremie. 

Key Highlights: 

  • ATH: $0.00000039 (Jul 19, 2024). 
  • Current Price: $0.0000003. 
  • Market Cap: $140.7 million. 
  • Available On: Bybit as a USDT Perpetual contract. 
  • Promotions: Up to 2,000 USDT trading bonus until Jul 29, 2024. 

5. Avail (AVAIL) 

Avail is a modular web3 infrastructure aiming to unify web3 ecosystems. AVAIL tokens are used for staking and governance within the ecosystem. 

Key Highlights: 

  • Launch Date: Jul 23, 2024. 
  • Available On: Bybit as a USDT Spot pair and USDT Perpetual contract. 
  • Promotions: Total prize pool of 2,000,000 AVAIL tokens from Jul 22 to Aug 5, 2024. 

6. Pixelverse (PIXFI) 

Pixelverse is a cyberpunk-themed gaming platform integrated with the TON blockchain. Its flagship game, PixelTap, is a tap-to-earn game on Telegram. 

Key Highlights: 

  • Initial Price: $0.023485 (Jul 18, 2024). 
  • ATH: $0.09768 (Jul 19, 2024). 
  • Current Price: $0.042. 
  • Available On: Bybit’s Spot Adventure Zone. 
  • Promotions: 400,000 USDT prize pool till Jul 31, 2024. 

7. Cat in a Dogs World (MEW) 

MEW is a cat-themed meme coin on the Solana blockchain, known for its unique tokenomics. 

Key Highlights: 

  • Price Pump: From $0.0039 (Jul 19, 2024) to $0.0075 (Jul 22, 2024). 
  • Current Price: $0.0076. 
  • Market Cap: $675.47 million. 
  • Available On: Bybit as MEW/USDT Spot pair or MEWUSDT Perpetual contract. 

8. Turbo (TURBO) 

Turbo is the first AI-generated meme coin created by ChatGPT-4. It’s an ERC-20 token with a total supply of 69 billion. 

Key Highlights: 

  • ATH: $0.0097 (May 28, 2024). 
  • Current Price: $0.0077 (Jul 22, 2024). 
  • Available On: Bybit as USDT Perpetual contract or on Bybit Web3 Swap. 

9. zkLink (ZKL) 

zkLink is a multichain Layer 3 rollup infrastructure facilitating interaction of Layer 1 and Layer 2 networks. 

Key Highlights: 

  • Launch Date: Jul 22, 2024. 
  • Available On: Bybit as ZKL/USDT Spot pair. 
  • Promotions: Stake on Bybit Launchpool for a share of 7,000,000 ZKL tokens till Jul 29, 2024. 

10. Slerf (SLERF) 

Slerf is a Solana meme coin that gained attention due to a controversial release in March 2024. 

Key Highlights: 

  • ATH: $750 million market cap. 
  • Current Price Spike: From $0.22 to $0.308 (Jul 23, 2024). 
  • Available On: Bybit as SLERFUSDT Perpetual contract. 

July 24, 2024 at 6:00 pm

Updated July 24, 2024 at 6:00 pm

Disclaimer

Remember, investing in cryptocurrencies involves risks, and it’s important to conduct thorough research and seek professional advice before making any financial decisions. (Please keep in mind that this post is solely for informative purposes and should not be construed as financial or investment advice.)

FAQ

Cryptocurrency is a digital form of currency secured by cryptography, not controlled by governments or banks.

Cryptocurrency wallets are digital tools for storing and managing your crypto assets.

Best practices for crypto investment include research, diversification, investing what you can afford to lose, and avoiding hype-driven investments.

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