Mantle offers scalable Ethereum solutions, Dogwifhat captivates with meme power on Solana, and Bittensor pioneers decentralized AI. Explore why these tokens are the best crypto to buy in 2024.

Mantle – Ethereum’s Layer 2 Solution

Mantle is gaining traction as a leading Layer 2 scaling solution for the Ethereum blockchain. Leveraging optimistic roll-up technology, Mantle offers significantly reduced transaction costs and enhanced throughput compared to the Ethereum mainnet.

MNT Relative strength indicator (RSI) at 75.22 indicates overbought conditions

A key feature of Mantle is its Ethereum Virtual Machine (EVM) compatibility, which allows Ethereum-based decentralized applications (DApps) to transition seamlessly onto its platform. Currently trading at $0.855, the $MNT token has experienced a notable 7.95% increase in the past 24 hours. With a total value locked (TVL) of $605 million, Mantle is generating strong interest from both developers and investors. The recent integration of BitDAO could further bolster its position in the Ethereum Layer 2 landscape, potentially challenging established solutions like Optimism and Arbitrum.

Dogwifhat – A Meme Coin with Potential

Dogwifhat has emerged as a new player in the Solana meme coin arena. Inspired by a viral meme featuring a Shiba Inu dog, Dogwifhat’s $WIF token is gaining attention despite its speculative nature. The project’s founders are anonymous, but the coin has attracted a substantial following, drawing parallels to Dogecoin ($DOGE).

Since its launch in December 2023, $WIF reached an all-time high of approximately $4.85 on March 31 and briefly achieved a market cap of $2.2 billion following a Binance listing announcement. Currently priced at $2.40, the token has seen a 1.86% decline in the last 24 hours. Despite this dip, $WIF maintains a strong community with over 500,000 holders, making it a notable pick within the Solana blockchain.

Bittensor – Decentralised AI Network

Bittensor represents a groundbreaking approach in the world of decentralized AI. By interconnecting machine-learning models globally, it creates a distributed “global brain.” Built on the Substrate framework, which supports the Polkadot ecosystem, Bittensor’s blockchain architecture is tailored for decentralized machine learning.

TAO’s RSI also shows growing investor interest

The $TAO token, trading at $328.66 with a 1.66% increase over the past 24 hours, reflects growing interest in this innovative network. $TAO tokens are integral to the Bittensor ecosystem, rewarding miners who contribute computational resources and allowing holders to participate in network governance and earn rewards. The token’s steady growth underscores the increasing value of decentralized AI solutions.