5 Cryptos That Will Make You Rich in 2024

When it comes to investing in cryptocurrencies, there are a lot of options to choose from.

The only problem is, there are more than 16,000 digital assets now in circulation, making it very challenging to know which asset to go for and at what period of its existence.

However, it doesn’t have to be difficult to find the next big crypto that will make you rich – so long as you know what you’re looking for in an asset to invest in, you should be good to go.

In this article, we explore the five best new cryptocurrencies that are worth buying now.

We also give a quick overview of how you can find your own digital assets that will become valuable over time.

5 Cryptos that will make you rich in 2024

1. XRP
2. DOT
3. MATIC
4. ADA
5. 1INCH

1. XRP

XRP is a cryptocurrency that runs on the XRP Ledger, a blockchain engineered by Arthur Britto, Jed McCaleb, and David Schwartz.

This crypto is designed for enterprises and banks that need a fast, scalable, and secure way to transfer money globally.

McCaleb left Ripple in 2013 after disagreements with the board about XRP’s future, but he remains involved with the cryptocurrency as its biggest single holder.

How Did XRP crypto perform in 2023?

XRP had a steep growth in 2022 before a fast fall in 2023.

However, the price went up to $ 0.84 by the end of 2022, making it one of the best cryptocurrencies for 2023 investments.

How much of an increase should we expect for XRP in 2024?

Based on XRP price history, we can presume that Ripple’s projected value may hold steady above 0.7 for the longest time.

Sites like WalletInvestor and Gov. Capital believe that XRP could go past $0.746 reaching highs of $1.34 by the beginning of 2023 only to decrease in value towards the end of 2024.

So, for a short-term investment, you can choose XRP now and sell when it fails to break out of the current resistance level.

For long-term investments of up to 5 years, also choose XRP seeing to it that the same crypto analysis sites have predicted its value to reach $3.61 in 5 years.

2. Dot

Dot is a cryptocurrency that runs on the Dot Blockchain, built to host and eventually replace websites.

The idea behind this blockchain is for content creators to use its services as an alternative payment method by making it possible for users of any website to make micropayments using their native currency (e.g., DOTs).

Since its launch in 2019, Dot has amassed a community of more than 60,000 creators and 160 million monthly website views.

How Did DOT Crypto Perform in 2022?

DOT had a modest growth spurt in the first quarter of 2021 but lost value starting from May 2021.

However, it was able to recover by the end of 2022 reaching highs of $53.88 in price in November 2022.

How much of an increase should we expect for DOT in 2024?

There is no definite answer as to how high Dot could go.

However, if you’re looking to invest in a long-term cryptocurrency project with potential, DOT might be the right choice.

The team behind Dot is also very active and constantly releasing new updates.

This is good news for Dot’s crypto future.

Trusted crypto analysis sites predict that DOT might reach $144 in five years, which would be a decent return on investment if you buy now and sell later.

With that info in mind, it could be safe to say that the price of DOT tokens will likely increase by more than 100% in 2024.

3. Matic

Matic is a scalability solution for Ethereum that allows decentralized applications to run smoothly on the blockchain.

It does this by providing off-chain payment channels and state channels, which helps reduce congestion and improve user experience.

How Did Matic Crypto Perform in 2022?

Matic had an impressive growth spurt in value starting from April 2021.

To put everything into perspective, a $100 investment at the end of 2020 would’ve netted about 5,000 MATIC coins.

MATIC’s all-time high came very shortly in mid-May, seeing the coin reach unexpected values.

Come to think of it, the $100 investment made in Dec 2022 would be worth $11,550 in May 2023 and more in November 2023.

How much of an increase should we expect for Matic in 2024?

Matic is still a relatively new cryptocurrency and has lots of room for growth.

Trusted crypto analysis sites predict that Matic could continue to grow in the long run making it a safer long-term investment.

But with the previous price history and with what’s currently happening on the Matich chart, it could be well worth it for people who want to get rich in a short time with crypto in 2024 too.

4. ADA

ADA is a cryptocurrency of Cardano blockchain, which is specifically designed for financial applications.

Cardano has achieved high levels of scalability and security by utilizing Haskell code to run its decentralized applications on the blockchain.

How Did ADA crypto perform in 2021?

While it did not see much action during 2019 (with some exceptions), 2020 was the year that ADA truly shined.

Cardano experienced massive growth in price throughout 2020 with its all-time high coming at $2.9634 on September 02, 2021.

How much of an increase should we expect for ADA in 2024?

The Cardano team is hard at work developing exciting new features and this will be a major driver behind ADA’s growth in 2024.

In addition, the Cardano Foundation is constantly pursuing initiatives that aim to increase mainstream adoption of this crypto project, which should also help push its value up over time.

My prediction is that ADA could reach over $17 by 2024 and then fall back down below $12 by the end of the year.

This is just a prediction, so please do your research before investing in ADA!

The last crypto on our list is also a very good choice for investment in 2024.

5. 1Inch

Several cryptocurrencies could make you rich in 2024, but the last one on our list is worth checking out.

The team behind 1INCH has been working hard to improve its network’s capabilities and the 1Inch crypto project could very well become BIG in 2024 and in years to come.

So, if you are looking for a crypto project to put your money in 2024, then this could just be it.

How Did 1INCH Crypto Perform in 2021?

1INCH had a very promising start in 2021 and it also experienced huge growth in its price.

The all-time high for 1INCH came at $7.4771 on May 08, 2021, then it got slow again for the rest of 2021.

Currently, the price is down to $2.212 and if you ask me, this is when the coin was well worth your investment!

How much of an increase should we expect for 1INCH in 2024?

1INCH is currently on the rise and it’s already showing promising signs.

More importantly, this crypto project is still very new but its community has been growing steadily since 2020.

My prediction is that the value of this coin could continue to grow in 2024 and potentially even more in the following years.

Again, please do your research before investing in any cryptocurrency project!

Conclusion.

There you have it.

5 crypto projects that in my opinion have the potential for more growth and a reasonable possibility to make crypto investors rich in 2024.

Which crypto projects do you have in your portfolio at the moment?

Tell us about it in the comments.