Top-10 Cryptocurrencies For Day Trading

Experienced traders love cryptocurrency for its volatility, which can lead to both significant profits and losses. They also appreciate the round-the-clock commerce, making crypto ideal for certain strategies, such as scalping, as cryptocurrencies provide excellent opportunities for long and short positions. In this article, we’ll explore the top 10 best digital players of the old guard. Also at the end you’ll find a list of new crypto coins with great potential.

How To Pick Crypto For Day Trading?

To begin, a few words about day trading. This type involves buying and selling virtual funds within 24 hours. The goal is to profit from the daily market movements. Strategies can be diverse, and one could talk about them endlessly. However, the most important thing everywhere is to choose the right coin for trading. Let’s take a closer look at the key factors to consider when selecting an asset.

Volatility

First and foremost, for successful purchase, cryptocurrency must have high volatility, as important short-term fluctuations increase the potential for profit. Cryptocurrencies exhibit varying levels of volatility, but we recommend choosing tokens with a small market capitalization. These coins often experience sharper fluctuations compared to larger counterparts. We also advise against trading stablecoins, as they are the least volatile.

Liquidity

The next essential factor is the asset's liquidity, since highly liquid currencies enable faster trades. It’s better to pick coins that you can easily sell for fiat, stablecoins, or other tokens. Also, be careful when selecting an exchange. For instance, Cryptomus P2P offers an ideal platform for buying highly liquid coins and day trading.

Trading volume directly affects liquidity, as higher volumes show more active markets. This makes it easier to buy and sell quickly without large price swings and helps traders find the best entry and exit positions.

List Of The Most Volatile And Profitable Cryptocurrencies For Day Trading

Today, we have gathered the 10 best crypto assets, whose use will help you maximize profits:

• Avalanche (AVAX)
• Monero (XMR)
• Toncoin (TON)
• Pepe (PEPE)
• Bitcoin (BTC)
• Ethereum (ETH)
• Binance Coin (BNB)
• Solana (SOL)
• Dogecoin (DOGE)
• Tron (TRX)

Avalanche

• General Market Rank: 21
• Market Cap: $7.75B
• Daily trading volume: $448.85M

Avalanche stands out from other coins with its unique technology and exceptional network speed. Thanks to the innovative Avalanche consensus, transactions are confirmed in less than a second—making trading extremely fast and convenient for day traders who value every millisecond. The network is divided into three specialized chains (X-Chain, C-Chain, and P-Chain), which helps distribute the load and maintain stability even during high trading volumes. This design eliminates congestion common in other blockchains and ensures smooth performance even with a large number of transactions.

Monero

• General Market Rank: 22
• Market Cap: $7.47B
• Daily trading volume: $303.77M

Monero is often seen as a promising tool for intraday trading because of its mix of liquidity and steady interest from traders. This is linked to the high privacy of transactions, which sets Monero apart from other assets. XMR also has stable trading volume on leading exchanges, allowing for quick entry and exit from positions without significant slippage. This factor is especially important for day traders, as they earn money from fast and frequent trades.

Another advantage of XMR is its volatility combined with clear price impulses. Price fluctuations occur regularly, creating opportunities to profit throughout the day. At the same time, traders can use classic technical analysis tools—support and resistance levels, indicators such as RSI or MACD—to find entry and exit points.

Toncoin

• General Market Rank: 25
• Market Cap: 426.31B.
• Daily trading volume: $9.89B

Toncoin (TON) is the native token of The Open Network, a blockchain originally built by Telegram and now maintained by an independent community. Designed for speed, scalability, and mass adoption, TON supports ultra-fast, low-cost transactions and seamless integration with Telegram’s 1B+ user base—making crypto payments, DeFi, and mini apps easily accessible within the messenger itself.

With its proof-of-stake architecture and advanced sharding technology, Toncoin can process thousands of transactions per second while maintaining minimal fees. The token also benefits from deep liquidity thanks to its integration with Telegram’s ecosystem, where millions of users can trade directly via the built-in TON Wallet or connected exchanges. This constant flow of activity generates strong intraday volume and volatility—two key factors that day traders rely on for quick, profitable trades.

Pepe

• General Market Rank: 39
• Market Cap: $2.6B
• Daily trading volume: $371.89M

PEPE ranks among the leading meme coins in the crypto world, bolstered by a strong community. The creators launched the coin in 2023, fueled by a viral meme on social networks, and many assumed the hype would soon fade. Yet, the coin defied expectations, thriving for two years and winning over traders.

PEPE proves to be an excellent choice for short-term trading due to its high volatility and substantial daily trading volume. This combination delivers high liquidity, strong user demand, and the ability to sell without significant price loss. A pleasant bonus comes in the form of fees that remain under one cent.

Bitcoin

• General Market Rank: 1
• Market Cap: $2.11T
• Daily trading volume: $70.98B

BTC–the decentralization pioneer and the largest coin by market capitalization. It stays the best variant for day traders due to its high volumes and liquidity. Bitcoin offers predictability, which translates into profits.

Compared to altcoins, BTC jumps less in price and still leads the market. In addition, it is important to remember that Bitcoin has a huge popularity and is a market trendsetter, which is crucial for day trading.

Ethereum

• General Market Rank: 2
• Market Cap: $435.31B
• Daily trading volume: $35.38B

ETH–the second-largest crypto and another preferred choice. Its trusted ecosystem supports a lot of DeFi apps and tokens on its net. Also, don’t forget about its platform for smart contracts. Ethereum offers liquidity and significant trading volumes. Fluctuations in its price are often so volatile, making it an attractive option for traders and investors.

Binance Coin (BNB)

• General Market Rank: 5
• Market Cap: $137.83B
• Daily trading volume: $2.93B

BNB is the native token of the chain, developed by Binance, the famous crypto exchange. It is primarily interesting for its wide range of benefits, including discounts on commissions and participation in exclusive offers. Thus, the day trading method enhances BNB’s popularity and makes it a suitable variant for sellers who are looking for short-term benefit potential. Thanks to growing demand and the still-developing Binance ecosystem, BNB has greatly increased trading volume.

Solana

• General Market Rank: 6
• Market Cap: $93.12B
• Daily trading volume: $5.52B

SOL is a cutting-edge cryptocurrency well-known for its rapid operation speed and low gas fees. It is possible due to a combination of two intense consensus mechanisms: Proof of Stake (PoS) and Proof of History (PoH). They allow efficient processing of thousands of TPS while maintaining user commissions cheaply. In addition, SOL has a rich ecosystem of dApps and many web projects, including financial and NFTs. So, since its inception, Solana has evolved into a powerful competitor to ETH.

Dogecoin

• General Market Rank: 9
• Market Cap: $27.87B
• Daily trading volume: $2.07B

DOGE is the first meme coin with a reputation as a worthy rival in the world of cryptocurrencies. In fact, Dogecoin has no real functionality, being developed as a joke project. It has experienced many ups and downs in its little history. A lot of day traders favor DOGE for its wild cost swings. Dogecoin is also a great option because of its active community, which creates short-term profit opportunities.

TRON

• General Market Rank: 8
• Market Cap: $27.85B
• Daily trading volume: $603.75M

TRX is a good choice due to its liquidity, allowing users to quickly enter and exit positions. Tron also shows stable price fluctuations throughout the day. It provides opportunities to profit in the short time a position changes. In addition, cheap operations make TRX convenient for those who want to transact frequently.

Honorable Mentions

Lastly, we would like to introduce you to a list of other cryptocurrencies that perform well on exchanges. They are also great for day trading:

• Render (RENDER). Market Cap: $1.35B, daily trading volume: $109.89M. Render can be an excellent choice for day trading due to its ultra-fast transaction speeds (under one second) and low network fees, which help to make instant and cost-effective deals. Moreover, the high demand for its services ensures strong liquidity and consistently high daily trading volumes.

• FET. Market Cap: $893.35M, daily trading volume: $374.21M. The coin is a great option for day trading due to its artificial intelligence-based technology, which creates opportunities for high liquidity.

• Dogwifhat (WIF). Market Cap: $491.89M, daily trading volume: $128.22M. The coin featuring a wonderful dog in a hat on the cover has a strong community-oriented culture and continued interest in the asset.

Thus, today we reviewed the best crypto assets for day trading in 2024. Don’t forget to keep an eye on market trends, as everything can easily change. To stay updated with the latest news, we recommend creating an account on Cryptomus and following our blog. You can also buy or sell most of the cryptocurrencies on the P2P platform. Which coins will you choose for day trading? Let us know in the comments.