2 Best Cryptocurrencies To Buy in 2024

As of December 2023, the cryptocurrency market is experiencing a notable upswing, especially in layer-1 tokens like Solana, which registered a 21% increase within a week. The rise of Bitcoin, surpassing the $44,000 threshold, fueled by optimism about the potential approval of the first spot exchange-traded fund (ETF) and the anticipation of rate reductions in the conventional markets, has given a significant boost to the crypto sector. This upward trend is evident across a range of cryptocurrencies, including newer altcoins.

Cryptocurrency, once viewed as a high-risk venture, has now transitioned into a widely recognized financial asset. Major financial institutions and banks are acknowledging its validity despite its volatility. However, the challenge remains in identifying the next significant cryptocurrency for investment.

For those new to the world of cryptocurrency, selecting the right one for substantial profits can be daunting. Although Bitcoin remains a popular choice, other less-known coins might present better investment opportunities in 2023, as they are yet to be heavily impacted by institutional investment.

Pandoshi (PAMBO)

Introduced in November 2023, Pandoshi emerges as an appealing opportunity for investors seeking significant returns. Despite initial impressions that may categorize it as just another meme coin, a closer inspection reveals its status as a utility token with tangible value. Pandoshi, in essence, constitutes a comprehensive ecosystem comprising elements dedicated to fostering price appreciation and embracing the deflationary principles embodied by its native token, PAMBO.

Within the Pandoshi ecosystem, a diverse array of features is available. These encompass a Layer-2 Network that operates on a Proof of Stake protocol, a more environmentally sustainable alternative to conventional Proof of Work approaches. Additionally, this ecosystem encompasses a decentralized exchange, a non-custodial wallet, Metaverse games, educational initiatives such as Pandoshi Universitiy, and cryptocurrency prepaid cards, all of which are community-driven components.

Central to Pandoshi’s ecosystem is its native digital currency, PAMBO, which first appeared on the Ethereum (ETH) blockchain. PAMBO operates on a deflationary model, which is further strengthened by a unique buy-and-burn process. This process includes buying PAMBO tokens at current market prices and then permanently removing them from circulation, thereby increasing their rarity and value.

An exciting and ahead-of-schedule development in the Pandoshi project is the forthcoming release of their non-custodial wallet, known as the Pandoshi Wallet. This early release, advancing the timeline set in their roadmap, is eagerly awaited. The upcoming beta version of the wallet is expected to seamlessly support all EVM-compatible chains, marking a significant step in the project’s evolution.

The Pandoshi token, currently available in a public sale at a discounted rate, is designated as the main currency for the project. This sale is structured in five stages, each featuring an incremental rise in the token’s price:

  • Phase 1: $0.002 per token
  • Phase 2: $0.004 per token
  • Phase 3: $0.006 per token (Currently in Phase 3)
  • Phase 4: $0.008 per token
  • Final Phase: $0.01 per token

After the public presale of PAMBO concludes, the token is scheduled to be listed on prominent decentralized exchanges (DEXs) such as Uniswap, and then on centralized exchanges (CEXs) including Binance and Coinbase. This planned listing across various cryptocurrency exchanges is expected to significantly boost the price of PAMBO, attracting new investors to purchase the token at its public rate of $0.01.




Stellar (XLM)

Stellar is an open-source network designed for currencies and payments, aiming to establish a global decentralized financial network that’s accessible to everyone.


The Stellar platform started in July 2014, thanks to the Stellar Development Foundation. The first block on its main network, which uses the Stellar Consensus Protocol (SCP), was made on September 30th, 2015.


Importantly, the protocol is entirely public, with its software operating on a decentralized and open network. This network allows for the creation, sending, and trading of digital currencies, including both traditional FIAT currencies and cryptocurrencies.


It’s important to know that the Stellar Development Foundation is a non-profit organization founded by Jed McCaleb, one of the co-founders of Ripple. Although some might see Stellar as a variant of Ripple, they are actually quite different. They have completely different codebases and divergent visions for the future of cryptocurrencies. Stellar describes itself as “finance with a mission.”


The main goal of Stellar is to improve compatibility between global financial systems, creating a unified network where banks, payment systems, businesses, and individuals can collaborate seamlessly. Its vision focuses on establishing a global exchange network that enables fast, reliable, and cost-effective money transfers.


By handling numerous currency and token exchanges every second, Stellar offers undeniable advantages. Operating on a blockchain, it surpasses traditional money transfer methods in terms of speed while maintaining a cost advantage over other blockchain networks due to its distinctive design.


XLM, known as Lumen, is the utility token utilized for all operations within the Stellar platform. Stellar mandates that each account holder maintain a small quantity of lumens as part of its requirements. Lumens are essential for opening an account and covering transaction fees, although the amounts involved are minimal for users. Presently, the minimum balance required is 1 lumen, and the minimum per-transaction fee stands at 0.00001 lumen.


When Stellar started, 100 billion XLM, also known as Stellar Lumens, were created in the Stellar network. Lumens are tokens that can increase in number, with a fixed yearly growth rate of 1%. This accounts for economic expansion and Lumens that get lost. New Lumens are made every week and given out through a voting system.


Right now, according to, Lumen is the 25th most popular cryptocurrency out of the many available for trading. Stellar also has its own built-in system for trading different assets, like cryptocurrencies, foreign currencies, or stocks. This system lets users easily swap different types of tokens using simple functions that are part of the Stellar protocol.


It’s quite perplexing to consider that XLM reached its all-time high on January 4th, 2018, peaking at $0.9381. Surprisingly, it’s been over three years since XLM last approached the $0.9 range. In contrast, during the same period, BTC and ETH have surged by more than 1,000%.


This situation has sparked inquiries among cryptocurrency experts and analysts regarding the potential of XLM to achieve price milestones such as $1, $5, and $10. The current trading value of XLM, which is less than a cent, leaves much to be desired, and a substantial upward trajectory would necessitate significant innovation to rival the prices of assets like BNB, DOT, and LINK, among others.


To Top

Pin It on Pinterest

Share This