11 Best Cryptos to Day Trade In 2024 (2024)

What Is Day Trading?

Day trading is a method where traders open and close positions within the same trading day. Day trading strategies, like scalping, may involve positions being open for mere minutes.

Unlike stock markets, there’s no hard rule to close positions at day’s end in the crypto market. Additionally, you can not be flagged as a ‘pattern day trader’. Since crypto operates round-the-clock, positions can be held overnight, aiming for higher profits or awaiting a limit order to activate.

Crypto assets can be more suitable for day trading compared to other assets due to their high volatility, which can be exploited for short-term price movements.

Typically, day traders employ technical indicators and closely monitor market sentiment more often than swing traders and ‘hodlers’—a term in the crypto community meaning ‘hold on for dear life’.

🍒 There are both tokens and coins on our list. Read how they differ here!

11 Best Cryptos to Day Trade In 2024 (2024)

FAQs

Which crypto will boom in 2024? ›

Which crypto will boom in 2024? Cryptos that could boom in 2024 include SingularityNET and Fetch.ai, both of which may capitalize on AI's popularity. Bitcoin is another crypto that could be poised for a strong performance in 2024, thanks to the SEC's approval of Bitcoin ETFs.

Which crypto coin is best for daily trading? ›

Best Cryptos For Day Trading
  • Bitcoin.
  • Ethereum.
  • Binance Coin.
  • Ripple (XRP)
  • Solana.

What is the most profitable crypto day trading strategy? ›

Here are some popular crypto day trading strategies:
  • Trend following: This strategy involves identifying and following the prevailing trend in the market. ...
  • Breakout trading: Breakout trading involves identifying key levels of support and resistance and entering trades when the price breaks out of these levels.
Apr 30, 2024

Which crypto can make you rich in 2025? ›

Top 10 Cryptos to Hold Become a Millionaire in 2025💥
  • Bitcoin: Bitcoin needs no introduction as the pioneer of cryptocurrencies and the flagship digital asset. ...
  • Ethereum: ...
  • Binance Coin: ...
  • Cardano: ...
  • Solana: ...
  • XRP: ...
  • Polkadot: ...
  • Chainlink:
Mar 23, 2024

What is the next 1000x crypto? ›

$SORAMALA is next on our list of coins that could increase by 1000x for its innovative staking mechanism. This on-chain mechanism allows investors to earn passive income by simply participating in the network.

What coin is going to skyrocket? ›

Best Altcoins for Next Bull Run
CoinMarket CapitalizationCurrent Price
Ethereum (ETH)$352.50 billion$2987.52
Solana (SOL)$59.55 billion$143.65
Dogecoin (DOGE)$0.1294$0.147
Cosmos (ATOM-USD)$8.94 billion$9.02
3 more rows
May 9, 2024

What is the most volatile crypto coin for day trading? ›

The most volatile tokens around
CoinRankVolatility 1M
BBITCOIN31219.82%
KALM78519.76%
ARRR50619.72%
PIT61719.69%
48 more rows

Which crypto exchange is best for day trading? ›

Some of the best exchanges for crypto day traders in the US include Binance, Coinbase, and Pionex - as well as others in this guide. You should always DYOR and understand the fees and risks involved with using each exchange. Find out more about the best crypto exchanges for US investors.

What penny crypto will explode in 2024? ›

22 Best Penny Crypto to Trade in 2024
NamePriceMarket Cap
19. Cardano$0.45413600$16.07B
20. Pepe$0.00001480$6.23B
21. 1inch$0.50409300$589.73M
22. Shiba Inu$0.00002729$16.06B
18 more rows

What is the best crypto for a quick profit? ›

What is the best crypto for a quick profit? Altcoins like Dogeverse and Sealana may provide higher returns for investors seeking quick profits, but thorough research is crucial before investing.

Can you make $100 a day with crypto? ›

Can You Make $100 a Day With Crypto? It is possible to make $100 per day, but there is no guarantee or specific technique you can use to ensure it happens. Cryptocurrency trading, lending, staking, and investing all come with significant risks because it is such a volatile and unpredictable asset.

Which coin can make you a millionaire in 2024? ›

Top 5 Altcoins to become a millionaire in 2024: BlockDAG leads with 30,000x ROI, followed by Apecoin, Polygon, Aave and Chainlink. What if the next big thing in cryptocurrency is already here? As 2024 unfolds, the spotlight is on the top altcoins poised for exponential growth.

What crypto will boom in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Solana (SOL)$72 billion$162
Ripple (XRP)$28 billion$0.51
Dogecoin (DOGE)$22 billion$0.15
Tron (TRX)$10 billion$0.12
6 more rows

Which penny crypto has 1000x potential? ›

Pikamoon (PIKA): Pikamoon is a promising penny crypto with 1000x growth potential. Its current price is low, making it an attractive investment option for those seeking significant returns.

Which meme coin will explode in 2024? ›

According to our research and analysis, the best meme coins of 2024 are ButtChain, Pepe Coin, Bonk, Degen and Catwifhat. Among this list, ButtChain takes first place on our ranking of the best meme coins due to its thrilling mix of humor, clever tokenomics, and innovation.

Which cryptocurrency will reach $10,000? ›

Prediction: Ethereum Will Reach $10,000 in 2030 | Nasdaq.

What is the fastest blockchain in 2024? ›

- March 13, 2024) - Tectum, the decentralized network developed by Crispmind, has made history by becoming the fastest blockchain in the world. This is a significant stride, as the company breaks its own record of 1.2 million transactions per second and extends its streak.

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