The volatility of a cryptocurrency refers to the degree of variation in price over time. Volatile cryptocurrencies experience large swings in their market value – either up or down – over short periods.

It is usually measured as the percentage change in price from one period to another, such as the daily or hourly percentage change. Currencies with fluctuations greater than 10% per day are considered highly volatile. Newer, smaller-cap currencies tend to be more volatile, while more established, large-cap currencies (such as Bitcoin) see smaller percentage changes over time as they mature. #Binance

Volatility presents risks for investors, but it also presents opportunities for traders looking to profit from intraday, weekly, or other short-term price movements.

List of the 4 Most Volatile Cryptocurrencies to Buy in 2024

Due to their similar volatility, many cryptocurrencies are risky investments, and Bitcoin is by far the most volatile cryptocurrency. Every reversal or uptrend offers the potential for profit for those who are familiar with the more volatile cryptocurrencies. No matter what the current exchange rate of your favorite currency is, you will always have a worthwhile investment.

‌Bitcoin Gold (BTG)

Bitcoin Gold (BTG) is a cryptocurrency that resulted from a hard fork of Bitcoin. The developers' task was to simplify the mining process and create a backup of BTC. To solve this task, the currency was ported to a new mining algorithm that allowed ordinary users with simple computers (CPU) to participate in mining. #bitcoin

‌Dogecoin (DOGE)

Dogecoin is a popular cryptocurrency, the first meme coin, which has become very popular over time thanks to an active community and the support of influential opinion leaders, such as the innovative entrepreneur Elon Musk. By the way, the billionaire believes that DOGE is a more promising cryptocurrency than Bitcoin from a technical point of view. #DOGE:

Today, Dogecoin is actively used for charitable donations, online payments, and even as an alternative means of payment for settlements with large companies. For example, you can buy a Tesla car with DOGE.

‌Shiba Inu (SHIBA)

Shiba Inu (SHIB) is one of the most successful meme coins in the history of the market, which, along with Dogecoin, tops various popularity rankings among retail investors. #SHIB،

Shiba inu was created on the Ethereum blockchain as an ERC 20 token to support NFT projects in the art field. The project will develop by launching a decentralized exchange (DEX) for NFT.

‌2021 was a very successful year for the coin, with the SHIB/USD price rising from the low of the year to the high of the year by more than 150 times. Many private investors managed to make hundreds (even thousands) of times more profits on the coin, making the question of whether SHIB can repeat its strong growth in 2024 or beyond (2025, 2030) somewhat relevant.

‌Solana (SUN)

Solana (SOL) is a cryptocurrency platform for decentralized finance (DeFi). SOL has a number of advantages over its main competitors, such as Ethereum. In particular, the platform’s transaction processing speed reaches 50,000 transactions per second, and its cost is only $0.00025. #solana

Solana price has grown strongly in 2020-2021 - from $2-3 to $260 at the peak of the bullish movement, which has aroused great interest from investors and traders. Everyone is interested in whether Solana will be able to achieve the same success again and whether the price of SOL will rise again.