Best Cryptocurrencies To Invest In April 2024
7. XRP (XRP)
Market cap: $29.0 billion
Year-over-year return: 15%
Created by some of the same founders as Ripple, a digital technology and payment processing company, XRP can be used on that network to facilitate exchanges of different currency types, including fiat currencies and other major cryptocurrencies.
At the beginning of 2017, the price of XRP was $0.006. As of Apr. 25, 2024, its price reached $0.53, equal to a rise of 8,676%.
8. Dogecoin (DOGE)
Market cap: $21.9 billion
Year-over-year return: 95%
Dogecoin was famously started as a joke in 2013 but rapidly evolved into a prominent cryptocurrency thanks to a dedicated community and creative memes. Unlike many other cryptos, there is no limit on the number of Dogecoins that can be created, which leaves the currency susceptible to devaluation as supply increases.
Dogecoin’s price in 2017 was $0.0002. By April 2024, its price was at $0.15, up 75,904%.
9. Toncoin (TON)
Market cap: $18.9 billion
Year-over-year return: 141%
Originally developed as a layer-1 blockchain for Telegram’s encrypted messaging platform, Toncoin was soon abandoned before being taken over by the TON foundation. The project name was even changed to “The Open Network” from its original name “Telegram Open Network,” both of which are referred to by their acronym: TON.
Toncoin—first known as Gram—is the native token for TON. It is an application that allows users to buy, send and store funds on TON’s incredibly fast, environmentally friendly network