The cryptocurrency market has been on a downward spiral in 2024, triggered by geopolitical tensions like the ongoing Israeli-Iranian war. However, technical analysis suggests the market was due for a correction after exhibiting extreme greed and overbought conditions across many coins and indexes.

As Bitcoin tumbles below $30,000, this crypto winter presents opportunities for investors to accumulate discounted crypto assets with solid fundamentals. In this comprehensive guide, we evaluate the top cryptocurrencies to invest in crypto market crash.

Understanding The Crypto Crash Cycle

Crypto markets are highly volatile and have experienced multiple boom and bust cycles historically. The 2024 downturn isn't the first "

crypto winter

" - previous bears like 2018 were followed by bull runs that created new all-time highs.

Market crashes provide an entry point to buy promising projects at low valuations before an expected recovery and next bull cycle.

Top 10 Cryptocurrencies To Buy In 2024 Crash

Here are the top 10 cryptocurrencies worth considering as the crypto market bottoms out in 2024:

1. Bitcoin ($BTC)

As the original and largest cryptocurrency, Bitcoin is a Must for any diversified crypto portfolio. Its programmatic monetary policy and limited supply of 21 million coins give it inherent scarcity value.

Currently

trading 70% down from its $69,000 all-time high

, Bitcoin at $20,000 ranges could present a once-in-a-cycle buying opportunity before the next bull market and halving event in 2024.

2. Ethereum ($ETH)

Ethereum is the prominent blockchain for decentralized applications and smart contracts. Despite the recent Merge upgrading it to environmentally-friendly proof-of-stake, ETH has retraced over 70% from its peak.

As the base layer for most crypto innovation, Ethereum is a blue-chip asset to accumulate during the crypto winter at a discount.

3. Solana ($SOL)

Designed as an ultra-fast, low-cost blockchain, Solana powers a booming ecosystem of DeFi apps, NFT platforms, and Web3 projects.

Once Solana got the worst hit during the FTX collapse but its technology remains fundamentally robust.

4. Polygon ($MATIC)

Polygon is a layer-2 scaling solution built on top of Ethereum to provide higher transaction speeds and throughput. Its technology aims to ease Ethereum's scalability bottlenecks for DeFi and Web3.

MATIC's price has retraced over 80% from its highs, presenting a buying opportunity in this battle-tested, Ethereum Virtual Machine (EVM) compatible layer-2.

5. Aptos ($APT)

Aptos is a new layer-1 blockchain optimized for mass Web3 adoption with industry-leading speed, security and decentralization. Its parallel execution capabilities allow it to process over

160,000 transactions per second

.

As a newcomer, Aptos is trading nearly 90% down from its all-time highs established soon after mainnet launch in late 2022. Its strong VC backing and novel tech make it a promising investment.

6. Smog ($SMOG)

Smog is a new meme coin that launched on Solana's Jupiter DEX in early 2024. Despite the bear market, it quickly rallied to over

$100 million market cap on the strength of its tokenomics

.

With 35% of tokens allocated as airdrops, Smog uniquely incentivizes its community with daily tasks. It also offers staking APYs as high as 42%, making $SMOG an attractive investment during the dip.

7. Bitcoin Minetrix ($BTCMTX)

Bitcoin Minetrix is pioneering

"stake-to-mine" DeFi protocols

that allow investors to accumulate BTC by staking its native token. Its secure and transparent mechanisms avoid risks in traditional cloud mining contracts.

8. eTukTuk ($TUK)

eTukTuk is revolutionizing mobility in developing economies by building EV charging infrastructure payable via its $TUK crypto. Its network of partners establishes charging stations accepting only $TUK tokens.

9.

Binance Coin ($BNB)

As the native token of the world's largest crypto exchange Binance, BNB has immense utility value from trading fee discounts and powering the

Binance Smart Chain

.

BNB remains significantly discounted from its peak despite Binance's dominance. Its utility guarantees long-term demand from CEX and DeFi usage.

10. Dogecoin ($DOGE)

The original meme cryptocurrency, Dogecoin remains one of the most recognizable crypto brands. Its lighthearted nature and tight supply cap of 5 billion DOGE per year give it solid fundamentals.

How To Buy The Dip Safely

Dollar-cost averaging by periodically investing set amounts is the ideal way to safely accumulate crypto during volatile periods. Buying at oversold RSI levels on daily charts is another effective strategy.

Closing Thoughts

The 2024 crypto crash has repriced many fundamentally robust projects at bargain basement valuations. Bitcoin and Ethereum should remain the core portfolio anchors augmented by a basket of promising altcoins with real-world use cases or meme potential.

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Disclaimer:

Do your own research and invest prudently by only allocating what you can reasonably risk to this high-variance asset class. Those with diamond hands may find generational opportunities in this once-in-a-cycle crypto market reset.