Web 3.0 cryptocurrencies are blockchain projects playing a pivotal role in decentralizing the internet. They aim to make the internet safer, more equitable, and less reliant on intermediaries. The year 2024 is seen as a year full of opportunities for Web3’s growth. Therefore, if you’re planning to invest in Web3, let us suggest the top 15 best Web 3 crypto coins for 2024.
Contents
- 1 Best Web3 Crypto Coins to Watch in 2024
- 1.1 Chainlink (LINK)
- 1.2 Filecoin (FIL)
- 1.3 Ethereum Name Service (ENS)
- 1.4 The Graph (GRT)
- 1.5 Ocean Protocol (OCEAN)
- 1.6 Flux (FLUX)
- 1.7 BitTorrent (BTT)
- 1.8 SPACE ID (ID)
- 1.9 Helium (HNT)
- 1.10 Mask Network (MASK)
- 1.11 IExec RLC (RLC)
- 1.12 Livepeer (LPT)
- 1.13 Audius (AUDIO)
- 1.14 Theta Network (THETA)
- 1.15 Basic Attention Token (BAT)
Best Web3 Crypto Coins to Watch in 2024
*** As usual, this is not investment advice, but rather a sharing of some of the best projects from my personal perspective. The decision to buy or not requires you to research the project more thoroughly, choose the right timing, and have an effective capital allocation plan ***
If you’re new to Web3, you might want to check out this article:
Chainlink (LINK)
Chainlink, while not a Web3 platform itself, is essential to Web3 projects and contributes to accelerating Web3 adoption. Chainlink (LINK) is one of the first networks to use off-chain data for creating smart contracts, achieved through its Oracle network.
Founded in 2017 by Sergey Nazarov, Chainlink has become one of the most popular cryptocurrency projects. Its community support, price, and market liquidity have grown. LINK is set to surge due to significant milestones achieved, including announcing 500,000 active non-custodial wallets on its network and 500 integrations, the 500th being the decentralized financial currency system, Gaugecash. With 213 DeFi projects and 84 blockchains integrated, these numbers are expected to grow.
Given Chainlink’s significance in the crypto field and its pioneering role in its niche, along with plans to launch staking options, LINK is one of the best Web3 cryptp coins for 2023.
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Price: $ 17.23(-4.23%)
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Market cap: $ 10.81 B
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Rank: 19
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Volume 24h: $ 1.32 B
Filecoin (FIL)
Filecoin (FIL), launched in 2014, is a decentralized storage network. It stores information through a technology called Interplanetary File System (IPFS), aiming to make data storage truly decentralized. Filecoin is designed to seamlessly work with Web3 and DeFi protocols. It’s one of the best networks for the online video industry and music streaming. FIL, its native token, has various utilities including voting rights.
Filecoin has seen widespread adoption within the crypto community, evidenced by its rapid community growth, listings on major exchanges, daily trading volume, and increasing market cap.
As the Web3 concept solidifies in 2024, Filecoin is expected to attract more investor interest, potentially raising its price.
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Price: $ 5.38(-4.23%)
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Market cap: $ 3.25 B
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Rank: 47
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Volume 24h: $ 789.63 M
Ethereum Name Service (ENS)
ENS coin (Ethereum Name Service) is a service that simplifies sending and receiving cryptocurrencies and accessing special websites using simple, memorable names instead of long, complex alphanumeric strings. It functions similarly to the Domain Name System (DNS) used for websites.
For example, sending crypto to your ETH address, such as:
0xbadcaabde75C0aFd7154514Cd8Fbcdf3200049F
Can be challenging to remember. However, with Ethereum Name Service, you could send it to an address like: investxz.crypto (hypothetical name).
ENS is not just limited to wallet addresses. It can be used to represent transaction IDs, hash functions, and metadata, all commonly found in the cryptocurrency world. Overall, its potential is quite promising, and it remains one of the best Web3 crypto coins to consider. Therefore, you might want to consider adding ENS to your watchlist.
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Price: $ 22.42(-6.02%)
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Market cap: $ 742.42 M
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Rank: 141
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Volume 24h: $ 419.77 M
The Graph (GRT)
The Graph protocol is a tool for indexing blockchain data. Anyone can query blockchain networks like Ethereum and Fliecoin using GraphQL. Whenever a blockchain connects to The Graph protocol, its data is automatically indexed, meaning all unrelated data is kept off-chain, speeding up and optimizing the network.
The Graph functions similarly to Google, indexing web pages and facilitating easy information gathering on the internet. This is why The Graph is often nicknamed the ‘Google of blockchains.’ It’s used in DeFi, governance, social networks, virtual reality entertainment, and even marketplaces.
Recently, with the development of AI trends, Graph (GRT) has been categorized under this domain, indicating a significant potential for price increase. Due to its useful and essential functions and lack of competition, GRT is considered one of the best Web3 coins to invest in currently.
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Price: $ 0.240416(-4.27%)
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Market cap: $ 2.29 B
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Rank: 62
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Volume 24h: $ 186.48 M
Ocean Protocol (OCEAN)
Ocean Protocol is a pioneering name in Web3. The protocol has developed many essential tools for building Web3 applications. It acts as an intermediary for consumers and data providers to meet and trade. All data providers have the right to price their data, while consumers have a tool to access any data they require.
OCEAN, the native cryptocurrency of the protocol, witnessed a significant price decline in the bear market of 2022. However, after a major correction, OCEAN surged to new highs in December, thanks to its listing on the Bitkub cryptocurrency exchange in Thailand.
Moreover, Ocean has attracted the attention of global investors and has been featured in leading news outlets such as BBC, New York Times, and Forbes. Cypher Capital recently invested $5 million in the Ocean protocol, making OCEAN one of the best Web3 crypto coins to buy in 2024, as it will ensure more partnerships and utility in the future.
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Price: (-4.85%)
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Flux (FLUX)
Flux is a smart contract and cross-chain oracle platform often referred to as the Amazon Web Services (AWS) of blockchains. This top Web3 coin provides a platform for developers to build a new version of the web. By leveraging FLUX, users can seamlessly develop Web 3.0 applications and deploy them on various networks.
The Flux ecosystem boasts a wide collection of decentralized computing services and blockchain-as-a-service (BaaS) technologies. These services offer a decentralized development environment. One reason why FLUX is one of the best Web3 crypto coins to buy in 2024 is because it allows developers to create real-world use cases on an accessible blockchain platform.
The Flux community is rapidly growing, and the number of dApps is increasing, positioning Flux as a heavyweight contender in the Web3 space.
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Price: $ 0.709829(-2.02%)
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Market cap: $ 266.61 M
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Rank: 295
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Volume 24h: $ 34.87 M
BitTorrent (BTT)
With over two billion users and 200 million wallets, BitTorrent is a leading software company with client applications for Mac, Android, Windows, and more. It claims to be the “world’s largest decentralized network” and provides secure downloading and streaming capabilities for torrent products.
BitTorrent is the world’s first and most powerful peer-to-peer (p2p) network. Large files are divided into multiple parts and sent over the internet in this format, then reassembled into a single file on the recipient’s computer. Everyone downloading files from the network participates in automatic distribution.
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Price: $ 0.000001(-5.19%)
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Market cap: $ 1.21 B
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Rank: 94
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Volume 24h: $ 82.36 M
SPACE ID (ID)
Space ID is a project that provides registration, trading, and management services for web3 domains. Currently, they have developed on three different blockchain platforms: BNB Chain, Arbitrum, Ethereum. Space ID offers users simple, readable, and memorable usernames in formats like username.bnb, username.arb, username.eth.
Typically, a wallet address is a long string of characters and numbers, making it challenging to remember the exact wallet address. With Space ID, complex wallet addresses are transformed into simpler, more memorable addresses following the “XXXXX.bnb” structure.
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Price: $ 0.506259(-5.19%)
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Market cap: $ 217.95 M
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Rank: 335
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Volume 24h: $ 139.10 M
Helium (HNT)
Helium is a decentralized wireless Internet of Things (IoT) network that enables peer-to-peer WiFi access for IoT devices. It allows devices worldwide to connect wirelessly to the Internet and determine their location without the need for power-consuming satellite positioning hardware or costly mobile data plans. HNT aims to create a “human-powered network.”
Helium is working towards building a global network through a novel approach where end users also serve as network infrastructure providers. Blockchain enables users to mine HNT tokens with their devices, encouraging users to invest in network hardware.
Furthermore, the Helium network allows you to connect even when you are kilometers away. Thanks to the Helium LongFi protocol and a global unified network, users can access stable internet and wireless connectivity from anywhere in the world.
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Price: $ 5.98(-0.96%)
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Mask Network (MASK)
Mask Network is a project designed to become the bridge connecting internet users from Web 2.0 to Web 3.0. The underlying technology of Mask Network is a peer-to-peer encrypted messaging application, with many other diverse functions..
Mask Network integrates decentralized social messaging, a borderless payment network, and decentralized file storage and sharing to provide a secure and convenient portal for users to instantly enter the world of decentralized finance and then the new world of Web 3.0.
The Mask Network app is currently available on mobile, allowing encrypted messages to be shared on social media platforms like Twitter and Facebook (META). Specifically, it leverages the technology of Web 3.0 on the underlying architecture of Web 2.0. The system also enables people to trade both cryptocurrency and non-fungible tokens (NFTs) on social media.
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Price: $ 3.32(1.85%)
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Market cap: $ 332.30 M
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Rank: 260
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Volume 24h: $ 217.65 M
IExec RLC (RLC)
iExec RLC is a web3 marketplace where users harness the iExec infrastructure to build and sell their Web3 applications. All you need is a browser, a data source, and a bit of time to have a fully functioning product.
iExec RLC empowers web3 by enabling users to bring their ideas to life without requiring in-depth technical knowledge of blockchain development. The iExec infrastructure assists developers in building their dApps. iExec is also part of the Enterprise Ethereum Foundation (EEA).
Currently, iExec is securing partnerships for various upcoming blockchains like Ontochain, making it one of the best Web3 crypto coins to consider.
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Price: $ 2.10(-2.58%)
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Market cap: $ 151.83 M
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Rank: 414
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Volume 24h: $ 30.85 M
Livepeer (LPT)
Livepeer (LPT) is a Web 3.0 coin designed to support decentralized video streaming. Livepeer leverages the decentralization aspect of Blockchain, allowing its users to have more control over the content they create and share more efficiently.
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Price: $ 12.93(-3.30%)
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Market cap: $ 469.73 M
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Rank: 196
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Volume 24h: $ 88.17 M
Audius (AUDIO)
Audius is a new online music streaming company built on blockchain technology or Web3. Despite being founded only a few years ago, it has been recognized as one of the most attractive companies in 2021, attracting investment from top venture capital firms and artists like Katy Perry, Nas, Pusha T, Steve Aoki, and more.
Founded by computer scientists Roneil Rumburg and Forrest Browning, it is a community-owned music streaming platform controlled by artists, running on the Ethereum and Solana blockchains. Unlike the more restrictive model of Spotify, Audius aims to be a place where music artists can freely distribute, stream, and earn money from their work. Thanks to its open-source, decentralized nature, it has earned a spot on the list of best Web3 crypto coins to buy in 2024.
Its active user base (over 3 million) is a testament to its success. With an increasing number of users and artists joining the Audius platform, this blockchain-backed music platform is poised to gain more market share in the mainstream music industry.
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Price: $ 0.161571(-4.23%)
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Market cap: $ 206.52 M
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Rank: 344
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Volume 24h: $ 25.45 M
Theta Network (THETA)
Theta Network is a blockchain-based network designed for video streaming. It allows you to monetize the unused computing and storage power of your computer. It was launched in 2019 and has attracted the attention of major technology companies like Google, Samsung, and Sony, among many others.
With increasing demand for computing power, especially with the rising trend of remote work globally, investor and user interest in Theta has surged. They have helped THETA become one of the fastest-growing Web 3.0 projects with a market cap of $4 billion and an ROI exceeding 2500%.
These factors are expected to continue driving the value of Theta Network throughout 2024 and beyond, making THETA one of the most promising Web3 coins to buy right now.
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Price: $ 1.97(0.96%)
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Market cap: $ 1.97 B
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Rank: 67
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Volume 24h: $ 195.45 M
Basic Attention Token (BAT)
One of the industries with the potential for a complete overhaul in Web 3.0 is advertising. Anyone who has used a web browser knows that the online advertising experience is often intrusive as ads pop up uninvited while you browse the web, watch videos, and more. BAT was created to completely revamp the online advertising experience, making it more beneficial for both content providers and users, rather than intermediaries like Facebook and YouTube, reaping the most benefits.
BAT is also the native cryptocurrency of the Brave browser. While Brave fundamentally operates like any other leading web browser, it defaults to blocking ads. Blocked ads are replaced with ads from trusted partners that users can opt into viewing. In return, users are rewarded with BAT whenever they view ads. This provides a better web browsing experience for users while streamlining the marketing process for organizations, making advertising more cost-effective.
Digital advertising is also a substantial business industry, with an estimated market value of approximately $330 billion. If BAT proves to be successful and continues to be used, there’s a strong possibility that the token could become one of the success stories of Web 3.0 in the near future.
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Price: $ 0.281522(1.64%)
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Market cap: $ 421.06 M
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Rank: 214
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Volume 24h: $ 73.55 M
The era of Web3 is approaching, and blockchain will be the supporting technology for this digital revolution. Therefore, it is hoped that the list of the Web3 crypto coins here will provide you with useful information to reallocate your investment portfolio. Wishing you wise and successful investments.