There are always several factors to consider before allocating funds to a potential cryptocurrency investment. These may include trading chart history, project roadmap, tokenomics structure, future market strength, and more. In this article, we will be discussing the top five crypto coins to include in your portfolio that have been reviewed by us. Read our detailed cryptocurrency analysis and make a decisive investment for maximum gains! 

5 Best Crypto Coins To Invest In October 2024 – 100x Gains Guaranteed

Below is the list of the five best crypto coins to invest in October 2024 to maximize your profits in the coming months.

5thScape (5SCAPE) Ethereum (ETH) Binance Coin (BNB) Polygon (POL) USD Stablecoin (USDC)

From 5thScape, which is undoubtedly the best new crypto project launched in 2024, to USD Stablecoin, whose value remains relatively stable with time, you would wonder why we regard them as the best crypto coins to invest in now. The following section has covered why these cryptos are excellent assets for your portfolio.

5thScape (5SCAPE)

5thScapeintegratesVR/AR seamlessly with blockchain to provide games, animation, VR gear, movies, educational resources, and more. It is an unmissable opportunity if you are looking for the best crypto coins to invest in October 2024. 5SCAPE is the native coin of its comprehensive ecosystem, whose value soars by 15%-16% in each presale phase. Besides, the 5SCAPE crypto coin is required to access its ecosystem, which has wholesome play-to-earn VR games that reward you with more 5SCAPE crypto coins in return. You can stake your 5SCAPE holdings and get a 365% APY to generate passive income.

Click here to visit the 5thScape VR ecosystem now >>

5SCAPE acts as a universal digital currency within the 5thScape platform. This native crypto token has a capped coin supply of 5.21 billion, of which 80% is already allocated for the presale, and the remaining 20% will be reserved for treasury and liquidity. This tokenomics ensures that only a circulating supply is available after the official listing of the crypto token, thus creating scarcity compared to demand.

5thScape is soon to launch on popular crypto exchanges like CoinGecko and CoinMarketCap.

While the project has raised over $7.4 million from the website, its sales would further soar with mainstream market attention. It will soon integrateIoT and venture into healthcare, real estate, and more. Additionally, the launch of its Developer Center in 2025 would further open an additional revenue stream for users.

While it’s already growing at 28.6% CAGR, the potential is much greater as 5thScape uses Ethereum Layer 2 with Skale Network technology for scalability, swifter transactions, and smoother processing of VR applications. Its value also soared with the approval of Ethereum Spot ETFs. Furthermore, since the project belongs to the immersive tech industry, which is facing increased user adoption, it would yield exponential gains in the long term. Your 5SCAPE investment will be safe against market volatility in adverse conditions.

Ethereum (ETH)

How about investing in the world’s second-oldest cryptocurrency, which is much more affordable than BTC?

If yes, Ethereum is a must-check under your list, and unlike conventional cryptocurrencies, it allows developers to deploy dApps and smart contracts!

With a market cap of $318.7 billion, Ethereum has recently launched its Layer-2 technology, which is scalable, secure, and processes multiple transactions simultaneously. Previously, its layer one technology’s throughput was limited to 15 transactions per second. Besides, Ethereum deployed an upgrade known as “The Merge,” which employed the proof-of-stake-based consensus. It reduced transaction fees and improved security.

Recently, the approval of Ethereum Spot ETFs has positively influenced the ETH prices. This is because it is the first currency after Bitcoin to get approval for ether ETFs.

Binance Coin (BNB)

How about investing in the world’s largest cryptocurrency exchange, whose value has positively accelerated in the past five years?

If yes, you should look into purchasing Binance Coin (BNB) tokens, the native cryptocurrency of the Binance crypto exchange platform.

Binance Coin (BNB) is priced high due to its positive growth since its inception. It has a market cap of $88.56, serves various utilities within its ecosystem, and has multiple subprojects.

Besides, it works on a model in which the platform burns its coins once every three months to ensure scarcity and thus drive up the value. It has stabilized the crypto industry after FTX’s downfall. Binance allocated a $1 billion recovery fund for all the struggling investors. Although BNB has many positive aspects, investors should beware of its volatility.

Polygon (POL)

The team that contributed significantly to the Ethereum blockchain has developed Polygon, a separate blockchain network where many scalable projects have been built. The latter has a blockchain, which provides a scalable Ethereum-like platform with better throughput. Earlier, known as Matic network Polygon, it created a multi-chain blockchain compatible with Ethereum. Backed by exchanges like Binance and Coinbase, its native POL coins are used for various purposes, like accessing payment services and paying transaction fees. They are also settlement currency.

One of the breakthroughs for Polygon occurred in June 2022, when it launched Polygon zkEVM, which is renowned as the “first Ethereum-equivalent scaling solution” that works exceptionally with all the developer tools, smart contracts, and even existing wallets. It uses zero-knowledge proofs cryptography, increasing transaction throughput and decreasing gas fees. Additionally, Polygon hosts nearly 10,000 decentralized apps, including those from Meta, Stripe, Credit Suisse and Deutsche Bank. It even invests in carbon neutrality, which creates an ally.

USD Stablecoin (USDC)

Are you willing to invest in a cryptocurrency whose value remains relatively stable over time?

If yes, then USD Stablecoin, as the name suggests, is a must-check.

The USD Stablecoin is pegged against the value of USD and hence is relatively closer. These stablecoins are great alternatives to traditional currencies and thus act as a bridge between two cryptocurrencies that aren’t compatible. USDC is the native token of USD Stablecoin, whose value remains relatively stable over time, and thus, exponential gains in a short time are less frequent.

Moreover, the USDC stands distinct amongst other stablecoins like Tether (USDT) because USDC is backed by USD cash while USDT contains 4% BTC, 5.55% secured loans, and 2.98% miscellaneous investments. Besides, USDC consists of short U.S Treasury repurchase agreements, which are cash equivalent to USDC. Hence, those looking for stablecoins can consider USDC for maximal risk management.

Final Verdict On The Best Crypto Coins To Invest In Right Now

Finding the best crypto coins to invest in is challenging, but our top picks from the growing sectors should ease your mind. These five crypto projects we discussed above are set to multiply in value as the cryptosphere evolves.

The standout project from our list, 5thScape, merges VR with blockchain for the most irresistible gaming experience and plans to integrate various sectors. Besides, multiple revenue streams, robust tokenomics, and a lucrative staking yield further increase its potential returns for investors. Thus, it is suitable for exponential gains in the long term for an attractive portfolio.

For portfolio diversification, you can also consider investing in Ethereum, Binance Coin, Polygon, and Stablecoins. Before investing in a cryptocurrency, always conduct due diligence and identify if your crypto picks align with your investment goals.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.