As we dig deeper into the exciting digital asset world, the profitable investment search is for sure at the back of our minds. In the year 2024, everything goes to the different types of digital coins that have experienced great returns in the last 30 days. These digital coins are unique not only by their shape but also as technologies and platforms with the ability to double investors' money.
1. Uniswap- UNI was up 40% in 30 days- While Uniswap is only a protocol for a decentralized exchange, DEX design allows peer-to-peer trading of digital currencies among users. The DEX permits trading against rather than with a central exchange run by a single authority. More recently, Uniswap has also participated in and benefited from the surge in adoption related to the adoption of Decentralized Finance underpinned by peer-to-peer financial services and built on blockchain technology. As per experts Uniswap is one of the strongly recommended cryptocurrencies for 100% return.
2. Kaspa (KAS) - Up 41% in 30 Days- Kaspa is a privacy blockchain platform that uses proof-of-work with an unusual scaling and security approach. In a world where concerns about data, in the digital age, only ever seem to increase, it is quite conceivable that a privacy-enhancing coin like Kaspa is one that quite likely will have taken off recently.
3. Pepecoin (MEME) - Up 31% in the Last 30 days- Each of them is in the subsection of the cryptocurrencies, moving something. It is kind of inspired slightly by popular jokes and Internet cultural phenomena. These coins are particularly strong when the community sentiment is up, but that also makes them extremely volatile.
Based on the popular internet meme "Pepe the Frog," Pepecoin has gone quite strong in the last one month. However, due to the very unpredictable nature of meme coins, the very act of chasing cryptocurrencies with 100% return using these assets requires an extremely huge risk tolerance.
4. Monero (XMR) - Up 28% in 30 Days- Monero is considered one of the big privacy coins and assures that people get untraceable transactions. Unlike Bitcoin, where everyone can view every transaction within the public blockchain, Monero uses some complex cryptography to obscure details about a transaction. The latest gain in value with Monero could be helped by the ever-rising demand for cryptocurrencies for anonymous transactions.
5. Ethereum - Up 17.9% in 30 Days - Ethereum is one of the top dApps and Smart Contract platforms in popularity and market capitalization. Smart contracts are self-executing contracts where the protocols are explicitly recorded, and transactions can be executed on a blockchain. Most probably, the reason why Ethereum made gains is the general price increase for most cryptocurrencies on the market and the intense development of fundamentals related to the Ethereum network.
6. Chainlink (LINK) - Up 14% in 30 days- Chainlink has defined its infrastructure with a decentralized oracle network that operates as a connection between off-chain apps, work, or payment, and on-chain smart contracts. Reliable data feeds benefit on-chain data or payment systems. This makes smart contracts flexible to do just about everything.
7. Stacks - Up 10% in 30 Days- Stacks is a Bitcoin-like blockchain that bundles functionality into the Bitcoin network through smart contracts. By using Bitcoin's security and already massive user base, Stacks is unlocking new possibilities in decentralized applications. The reasons for STX's recent price surge might have more to do with resurging interest in projects developing applications built on Bitcoin.
8. Bitcoin (BTC) – Up 7.8% in 30 days- Being the first, Bitcoin is argued to be one of the cryptocurrencies that have the best recognition and use. This increase is not that high versus some noted above, but Bitcoin established a great reputation for itself across a very long period in the market. Based on its previous transaction history it considered as one of the cryptocurrencies with 100% return.
9. Bitcoin Cash (BCH) – Up 2% in 30 days- Created as a hard fork of the Bitcoin blockchain into its current incarnation in 2017, it was Bitcoin Cash. The idea was to fix the scale problem that was causing issues for Bitcoin, in essence, by increasing the block size, which would facilitate more transactions processing per second. Bitcoin Cash's recent gains are minor compared to others on this list.
10. Toncoin (TON) - Up 3.9% in 30 Days- Toncoin is Telegram's native coin in their Telegram Open Network, a blockchain created by the popular messaging app Telegram. The TON's recent rise is as small as others on this list.