11 Best Altcoins to Invest In for 2024

Will altcoins surge in 2024? If so, these alternatives to bitcoin (BTC) may lead the pack: Ether (ETH), Solana (SOL), Avalanche (AVAX), Cardano (ADA), Chainlink (LINK), Polkadot (DOT), and more!

Written by: Anatol Antonovici   |  Updated June 10, 2024

Reviewed by: Mike Martin

Fact checked by: Ryan Grace


Altcoins refer to all cryptocurrencies that are not bitcoin (BTC). In this article, we review the top 11 altcoins to watch in 2024.

Table of Contents

🍒 tasty takeaways

  • Altcoins are all cryptocurrencies other than Bitcoin. Together, they account for 48% of the crypto market cap.

  • Ethereum is the largest and most important altcoin, as it powers many tokens and decentralized applications and dominates the decentralized finance space (DeFi).

  • Altcoins tend to follow the price of Bitcoin – when altcoins outperform BTC, this is commonly referred to as an ‘altcoin season.’

  • To invest in many of the tokens on our list, you’ll need a self-custody crypto wallet. tastycrypto offers self-custody wallets in the form of mobile apps and a browser extension.


Full Name Symbol Market Cap TVL
Ethereum ETH $444.4b $64.5b
Solana SOL $74.7b $4.6b
Avalanche AVAX $12.9b $835.2m
Cardano ADA $15.9b $248m
Chainlink LINK $9.4b $25.6b
Polkadot DOT $9.4b N/A
Polygon MATIC $6.5b $934.7m
Dogecoin DOGE $21.1b $5.2m
Cosmos ATOM $3.1b N/A
Near Protocol NEAR $7.1b $172.3m

Altcoins in 2024: Overview

  • Altcoins are currently strong but may follow Bitcoin’s lead into 2024.
  • Bitcoin’s gains and upcoming events are central to crypto market trends.
  • Binance’s settlement and the Altcoin Season Index at 55 suggest a softer altcoin season.

Altcoins have shown significant strength this year and seem poised to extend their gains into 2024. However, it’s worth noting that Bitcoin’s surge has been a key factor in the latest cryptocurrency rally. As Bitcoin (BTC) continues to lead by market cap, it’s expected to sustain its market dominance into the next year, potentially influencing the trajectory of altcoins.


Altcoin Season

An altcoin season is typically identified when 75% of the top 50 altcoins by market cap outperform Bitcoin over a 90-day period. This scenario is becoming less likely. 

Bitcoin’s upcoming halving event and the anticipation of a potential first Bitcoin spot ETF approval by the SEC are major focuses for its investors. Additionally, the situation with Binance agreeing to a settlement over money laundering charges could also affect market dynamics, potentially diverting attention and investment back toward Bitcoin.

As of today, the Altcoin Season Index is at 27. The closest the index came to reaching the 75 mark was at the end of September.

What Altcoins Should You Watch in 2024?

The altcoin spectrum is very diverse. Here are a few significant categories to pay attention to:

  • Smart contract projectsblockchains offering the smart contract feature will continue to be in high demand as they host decentralized applications (dapps) and empower the Web3 revolution. Think about Ethereum, Solana, and Avalanche here.


  • DeFi projects – while the decentralized finance (DeFi) sector has corrected from its 2021 peak, it’s still a $55 billion market and has matured. While we don’t list many DeFi coins here, you should still watch the native tokens of Uniswap (UNI), Aave (AAVE), and Lido (LIDO).  Read about the best DeFi tokens for 2024.
  • Scalability and interoperability projects – the transition to Web3 is intensifying, driving the demand for scalability and cross-chain communication. Polygon, Polkadot, and Arbitrum may be winners next year.


  • Specialized projects – there are specialized projects with a narrow niche, which means less competition. For example, Chainlink (LINK) is the largest oracle network and Bitcoin ordinals underpin Ordi (ORDI).

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Top Altcoins: Chart Comparison

The below chart compares the 11 altcoins on our list. Click to enlarge.