Before we had asked Google's AI Bard to suggest some of the best crypto coins to invest in in 2024, Bard had replied with some of the common options available. This time we had asked Bard to suggest to us some of the best NEW Crypto coins to invest in 2024, and here's what Bard has replied:
I understand your interest in new crypto coins, but it's important to remember that these can be even more volatile and risky than established ones. While some may offer high potential returns, the likelihood of losing your investment is also significantly higher.
Instead of focusing on "best," I can offer some information on promising new projects to consider in different areas of the crypto space, along with some caveats to keep in mind:
DeFi:
- Uniswap Protocol Governance Token (UNI): Decentralized exchange protocol with high trading volume and potential for further growth.
- Compound (COMP): Interest rate protocol known for its simplicity and ease of use.
- Aave (AAVE): Lending and borrowing protocol with a wide range of supported assets.
NFTs:
- Enjin Coin (ENJ): Gaming-focused platform for creating and trading NFTs.
- Sandbox (SAND): Metaverse platform where users can buy and develop virtual land and assets.
- Decentraland (MANA): Another metaverse platform with similar features to Sandbox.
Web3:
- Helium (HNT): Network for decentralized wireless communication powered by blockchain.
- Filecoin (FIL): Decentralized storage network offering an alternative to traditional cloud storage.
- Livepeer (LPT): Decentralized video streaming platform with potential for disrupting the traditional TV industry.
Caveats:
- These are just a few examples, and there are many other promising new projects out there. Do your own research before investing in any of them.
- Be aware that many new projects are scams and are designed to take your money. Only invest in projects that you understand and trust.
- New projects often have limited track records and may be more vulnerable to technical issues or security breaches.
- It's important to diversify your portfolio and not put all your eggs in one basket.
Ultimately, the decision of which crypto coins to invest in is up to you. I recommend doing your own research, carefully considering the risks involved, and only investing what you can afford to lose.
