The Bull Is Back? Top 10 Cryptos to Buy on Coinbase in 2024

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The crypto market is shifting. After months of sideways trading and crushing downturns, Bitcoin surged following a landmark legal victory for Grayscale against the SEC. That moment—brief as it was—signaled a turning point. The air is thick with speculation: Is the bull market truly back? With Bitcoin’s halving on the horizon, growing momentum around a spot ETF approval, and macroeconomic winds beginning to shift, 2024 could be the year crypto reclaims its spotlight.

But here’s the truth: no one knows for sure what’s coming. Not analysts, not influencers, not even the most seasoned traders. What we do know is that successful investing in volatile markets comes down to strategy—not timing. That’s where dollar-cost averaging (DCA) shines. Instead of chasing pumps or fearing dips, building long-term positions in high-potential assets offers the best odds for sustainable growth.

This list focuses on 10 cryptos available on Coinbase that stand out for their fundamentals, ecosystem strength, and real-world utility. Each has shown resilience and innovation, positioning them well for the next phase of the cycle.

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Why This Market Feels Different in 2024

Bitcoin dropped 15% in three days mid-year, crushing sentiment. Trading volumes hit four-year lows. The mood? Gloomy. Yet within weeks, a court ruling favoring Grayscale sent BTC soaring $1,700 in half an hour. Though the rally faded quickly, it exposed something critical: institutional and regulatory catalysts are now driving price action more than retail hype.

The potential approval of a spot Bitcoin ETF looms large. Analysts estimate approval odds between 98.7% and 99.8%. If greenlit, it could unlock billions in institutional capital. But as J.P. Morgan warns, it might also be a "sell the news" event—highlighting the need for caution amid euphoria.

Then there's the Bitcoin halving, expected in 2024. Historically, halvings have preceded major bull runs by 12–18 months. With supply pressure decreasing and demand potentially rising from ETF inflows, the setup looks promising.

Yet macro uncertainty remains. Will the Fed cut rates? Can the U.S. avoid recession? These questions affect all risk assets—including crypto.

So instead of betting on predictions, focus on projects with strong use cases, growing adoption, and sustainable tokenomics.


1. Bitcoin (BTC) – $40 Allocation

2023 Performance: +155.8%

Despite skepticism, Bitcoin remains the safest bet in crypto. It’s outperformed altcoins throughout 2023—a rare trend suggesting capital rotation into blue chips before a broader rally.

Why BTC first?

Even if regulators delay the ETF, Bitcoin’s network effects and scarcity make it a long-term store of value. A breakout above all-time highs post-halving is plausible, with some targets eyeing $100,000–$160,000 by early 2025.

“Buy when there’s blood in the streets”—often attributed to Warren Buffett—is timeless advice. In crypto, that moment may have already passed.

👉 Learn how to dollar-cost average into Bitcoin with ease.


2. Chainlink (LINK) – $15 Allocation

2023 Performance: +168.2%

Chainlink powers smart contracts by securely connecting blockchains to real-world data—an essential function across DeFi, NFTFi, and gaming.

Its role is expanding into real-world asset (RWA) tokenization, allowing stocks, real estate, and intellectual property to be traded on-chain 24/7. This emerging narrative could unlock trillions in value.

Additional catalysts:

With an ATH near $53 and growing demand for oracle services, a 3.5x return in 2024 is within reach.


3. Ethereum (ETH) – $12 Allocation

2023 Performance: +90.8%

Ethereum remains the backbone of decentralized applications. While it hasn’t flipped Bitcoin, its ecosystem dwarfs most competitors.

Upcoming upgrade: EIP-4844 (proto-danksharding) aims to slash gas fees by introducing shard blobs—boosting scalability and user experience.

However:

Still, rising crypto adoption will lift Ethereum’s value. A return to its $4,900 all-time high (2x gain) is realistic if network usage holds steady.


4. Injective Protocol (INJ) – $10 Allocation

2023 Performance: +2717.3%

Injective exploded in 2023 thanks to powerful tokenomics and growing DeFi adoption.

Key strengths:

As a high-speed layer-1 built for finance, Injective supports derivatives, spot trading, and AI-integrated dApps. If it captures even a sliver of centralized exchange volume, upside remains substantial.

While past gains were meteoric, a 3–4x move from current levels isn’t out of question—especially if market conditions favor early-stage alts.


5. Stacks (STX) – $8 Allocation

2023 Performance: +620.55%

Stacks brings smart contracts and NFTs to Bitcoin—unlocking new utility for the original blockchain.

With BRC-20 tokens and Ordinals fueling NFT growth on Bitcoin, STX provides infrastructure for decentralized apps anchored to BTC security.

Recent milestones:

VanEck predicts STX will rank among the top 30 cryptos in 2024. While conservative estimates suggest a 33% gain, a double is possible if Bitcoin’s ecosystem continues expanding.


6. Fetch.ai (FET) – $5 Allocation

2023 Performance: +664.0%

AI meets blockchain in Fetch.ai’s decentralized agent economy. Its new DeltaV platform enables AI agents to perform real tasks—like booking travel or managing supply chains—using natural language.

Unlike speculative AI tokens, Fetch.ai delivers tangible utility:

As AI dominates tech headlines, FET stands out as a legitimate innovator—not just a buzzword play.

Expect volatility—but also potential for multi-bagger returns if adoption accelerates.


7. Immutable (IMX) – $4 Allocation

2023 Performance: +457.5%

Immutable leads the GameFi revolution, building blockchain games that appeal beyond crypto natives.

Backed by VanEck and Coinbase Research as one to watch in 2024:

With web3 gaming funding cooling industry-wide, Immutable’s disciplined approach gives it an edge.

A move above its $5.79 ATH would require a 2.5x gain—achievable if one flagship title goes mainstream.


8. Helium (HNT) – $3 Allocation

Since Coinbase Listing (July 2023): +365.1%

Helium pioneers DePIN (Decentralized Physical Infrastructure Networks)—using blockchain to build wireless networks via community hotspots.

Real-world impact:

As DePIN gains traction as a macro trend, HNT could see renewed demand. A rise toward $20 (3x) is feasible if network growth continues.


9. Storj (STORJ) – $2 Allocation

2023 Performance: +194.3%

Storj offers decentralized cloud storage—cheaper and more private than traditional providers.

With global data generation accelerating:

Volatility is high, but a return to its $3.50 ATH (~75% upside) is plausible over time.


10. Bonk (BONK) – $1 Allocation

Since Coinbase Launch (Dec 2023): -33.4%

Bonk is a Solana-based memecoin—but don’t dismiss it too quickly.

In past bull runs:

With thousands of new tokens launching daily on Solana, Bonk could re-emerge as the mascot of choice.

Potential outcomes:

It’s a lottery ticket—but sometimes, one high-risk bet pays off big.


Frequently Asked Questions (FAQ)

Q: Is now a good time to invest in crypto?

Yes—for those using disciplined strategies like dollar-cost averaging. Market sentiment is improving, macro tailwinds are emerging, and key catalysts like the Bitcoin halving and ETF approval could drive significant momentum in 2024.

Q: Should I invest more in Bitcoin or altcoins?

Start with Bitcoin for stability and exposure to broad market trends. Allocate smaller portions to high-potential alts like Chainlink, Injective, or Fetch.ai once your core holding is secure.

Q: How does dollar-cost averaging reduce risk?

By investing fixed amounts regularly, you buy more when prices are low and less when they’re high—averaging out volatility over time and reducing emotional decision-making.

Q: Are memecoins like Bonk worth considering?

Only as small speculative plays (<5% of portfolio). They carry extreme risk but can deliver outsized returns during peak euphoria phases of bull markets.

Q: What happens if the spot Bitcoin ETF is rejected?

Short-term dip likely—but long-term fundamentals remain intact. Previous delays didn’t stop eventual adoption; rejection may only delay institutional inflows rather than prevent them permanently.

Q: Can Ethereum overtake Bitcoin in 2024?

Unlikely without regulatory clarity or explosive DeFi growth post-upgrade. ETH will likely follow BTC’s lead but may underperform unless EIP-4844 delivers dramatic improvements.


Investing isn’t about predicting the future—it’s about positioning yourself for multiple outcomes. The cryptos listed here represent diverse narratives: from foundational layers like Bitcoin and Ethereum to emerging trends like AI, DePIN, and RWA tokenization.

Stay informed, stay diversified, and keep stacking.

👉 Start your journey into high-potential digital assets today—securely and confidently.