Traders and investors are constantly searching for the next big thing: the best cryptocurrency of 2023, whether for short-term trading or for under-the-radar projects that will yield high returns in the next 5-10 years.
In this guide, we rank and review the best cryptocurrencies for 2023, including pre-ICO cryptocurrencies that are about to go public, as well as some more established projects that are already listed on exchanges.
Best Cryptocurrency Investments for 2023
Here are a dozen high-potential options we’ve identified from our research of the market that are the best cryptocurrency options to buy right now:
Bitcoin Minetrix
-Best Cryptocurrency Overall for 2023
Bitcoin ETF Token
-Best Crypto to Buy in 2023 If Spot Bitcoin ETF Approval Is Imminent
Meme Kombat
-Meme-based gaming platform with huge potential
TG Casino
- Community-centric crypto casinos gaining popularity
Launchpad XYZ
-High potential cryptocurrency that simplifies Web3 for beginners
yPredict(yPredict)
-The best AI in cryptocurrency trading, now on presale
Wall Street Memes
-Meme coin projects for multiple financial memes
Ethereum
-The most popular blockchain for building dApps
SushiSwap (SushiSwap)
-AMM-based decentralized exchange for cryptocurrency trading
Compound
-Decentralized liquidity pool for lending cryptocurrencies
Bitcoin
-The largest cryptocurrency by market capitalization
Uniswap
-The largest decentralized exchange cryptocurrency by market capitalization
Sandbox
-The best metaverse cryptocurrency and NFT gaming platform
Maker
- Defi lending platform enabled by smart contracts
Best Cryptocurrencies to Buy in 2023 – Full List
In this section, we will review each cryptocurrency project included in our list of the best crypto investments and why we chose them:
Bitcoin Minetrix (Bitcoin Mining) - Best Cryptocurrency to Buy in 2023
Bitcoin Minetrix is the best cryptocurrency to buy this year due to its staking mining feature. The project aims to solve the current state of the cloud mining system and introduce a blockchain-based solution through tokenized cloud mining, making it more accessible to everyone.
The whole concept of staking is powered by $BTCMTX, an ERC-20 token that users can stake to earn mining credits. Mining credits themselves are ERC-20 tokens. These non-tradable credits must be burned to earn mining time or a portion of mining revenue. After the mining time is over, the mined Bitcoins are transferred to the user's wallet.
These small changes will allow investors who wish to interact with the Bitcoin mining economy to do so without having to worry about technical expertise or using heavy hardware. The addition of non-tradable mining credits will ensure there is no fraud, and the tokenized cloud mining ecosystem will keep rewards fair.
Bitcoin Minetrix's native token, $BTCMTX, is currently in presale. The presale is divided into 10 phases, with the token price at $0.011 in the first phase. The unique prospect of this token has already attracted interest, and the project raised more than $100,000 in a single day. The soft cap target for the presale is set at more than $15 million.
With its unique properties for mining, and appeal to green cryptocurrency seekers, Bitcoin Minetrix could be the next successful cryptocurrency this year.
Those looking for a good alternative to Bitcoin mining can invest in Green Bitcoin. For more information, check out our guide on how to buy Green Bitcoin safely.
Despite this, we still believe that Bitcoin Minetrix is one of the most promising cryptocurrency investments on the market.
Visit the Bitcoin Minetrix website
Bitcoin ETF Token - Best Crypto to Buy in 2023 If Spot Bitcoin ETF Approval Is Imminent
Since the anticipation of the approval of a spot Bitcoin ETF pushed the price of Bitcoin to an 18-month high, several projects are trying to prepare for the upcoming bull run. Leading the way is one of the best cryptocurrencies this year, the Bitcoin ETF token (BTCETF).
BTCETF is a speculative ERC-20 token tied to the fate of Bitocin and the upcoming spot Bitcoin ETF approval. BTCETF is a visionary project that both celebrates and capitalizes on the arrival of Bitcoin ETFs in European and U.S. financial markets.
As a token associated with speculation that a spot Bitcoin ETF is about to be approved, BTCETF has set multiple milestones. With each milestone achieved, this deflationary token will reduce transaction taxes. Once Bitcoin reaches $100,000, it will completely eliminate transaction taxes and destroy 25% of its total supply.
Learn how to buy Bitcoin ETF tokens.
The pre-sale of Bitcoin ETF Token is a multi-stage process with a hard cap of $4.956 million. By investing in multiple stages before this, investors will also receive returns before the token is listed. For more details on this, read our Bitcoin ETF Token Price Prediction Guide.
In addition to the deflationary properties of this token, it also introduces staking, where 25%'s total supply has been used for staking. In addition to driving the security and stability of the project's network, staking will also provide investors with a continuous income stream. Interested parties can visit btcetftoken.com to participate in this project.
Visit the Bitcoin ETF Token website
Meme Kombat - A meme-based gaming platform with huge potential
Meme Kombat is a revolutionary cryptocurrency project in today's gaming ecosystem. It combines the meme field that attracts people with the exciting field of competitive fighting.
At the heart of Meme Kombat is the Meme Kombat Token or $MK, which is used to facilitate dynamic interactions between players, stakeholders, and enthusiasts. This versatile token drives a variety of applications within the Meme Kombat environment, clearly leveraging advanced technology on the decentralized Ethereum network to provide players with a truly unique gaming experience.
The project features three main products: Automated battles bring Memecoins to life, with on-chain duels conducted through state-of-the-art AI technology. The result is an addictive and unpredictable gaming experience that keeps players on edge.
Next is staking, which is another exciting aspect of the project. It allows $MK holders to place bets on the outcome of battles. Winning participants can receive valuable prizes, including additional $MK tokens. The third and final one is staking, where $MK holders can stake their tokens, earn a consistent annual percentage yield (APY), and reap the rewards of a strong commitment to the Meme Kombat community.
For those eager to dive in and take part in this exciting adventure, Meme Kombat tokens are currently available for pre-order on the official Meme Kombat website. With a hard cap of $10 million and a price of $1.667 per token, early adopters have the opportunity to reap greater rewards, making this a very attractive token to buy in the coming weeks.
Visit the Meme Kombat website
TG Casino - Popular community-focused crypto casino
Gamefi and crypto gambling have been growing in popularity in recent years, with the recent growth trend even more dramatic. One of the latest competitors in this space is TG Casino, offering investors an enticing opportunity to potentially make significant profits from the project’s native cryptocurrency.
TG Casino stands out from many other similar projects by combining more crypto elements in an immersive casino environment. The startup offers investors access to staking, passive income streams, distribution systems, high returns, a thriving community, and a vast game library. In addition, it holds a license from the Curacao Gaming Commission, ensuring the security and reliability of TG Casino.
The project’s native token, $TGC, is a promising asset for investors seeking to profit and participate in an audited and engaging casino experience.
The token is currently on presale on the website and demand has increased significantly. $TGC is a compelling option for investors seeking to put their funds into high-quality cryptocurrencies.
Visit TG Casino website
Launchpad XYZ - High Potential Cryptocurrency Simplifying Web3 for Beginners
Not everyone can claim to have an understanding of the complex terminology or concepts of Web3. Despite the significant increase in the number of blockchain investors, most people know next to nothing about cryptocurrencies or their functions. Launchpad is a brand new cryptocurrency project that aims to change that.
Launchpad XYZ plans to attract 10 million Web3 users by partnering with brands and marketing agencies. Users can browse markets and dApps, purchase NFTs, and access pre-sale tools, AI-based asset identification, and DEX/NFT DEX trading. This is a top platform that is gradually transitioning from Web2 to Web3.
The project has already attracted a massive audience and received appreciation from several crypto influencers on multiple social media platforms. With the help of Launchpad XYZ, multiple Web3 activities have become accessible to everyone. This is exactly why investors seem interested in investing their funds into this cryptocurrency. Launchpad XYZ is currently conducting a presale and has received overwhelming results from the community.
The current popularity of the project leads us to believe that Launchpad XYZ’s LPX token could be the biggest winner in the coming months, so we rate it highly as one of the projects on our list of the best cryptocurrencies to buy right now.
Visit Launchpad XYZ website
yPredict (yPredict) - The best cryptocurrency to buy in the AI space
yPredict is a “one-stop” AI platform with a patent-pending forecasting algorithm that evaluates hundreds of bullish and bearish signals and candlestick charts to establish repeating patterns, providing actionable signals to traders.
The platform provides AI signals, data insights and predictive models designed by industry-leading AI developers and quantitative analysts, enabling traders to gain an edge in the trading space.
yPredict is designed to make it easier for traders to navigate the volatile cryptocurrency markets. The cryptocurrency markets are not always correctly predicted when more than just technical indicators are taken into account. yPredict solves this problem by providing AI-based analysis and prediction markets that combine technical and sentiment indicators.
In the marketplace, developers can sell their forecasts and signals on a subscription basis, and traders pay for the subscription using YPRED. YPRED is an ERC-20 token built on top of the Ethereum blockchain. The token has several utility functions, including.
Buy a subscription to a trading signal
Access the market voting mechanism
Earn APY through staking
yPredict takes into account price charts when evaluating them. The YPRED presale has been successful to this point for this very reason. Over $400,000 was raised in a relatively short period of time. The current price of the token is 0.05 USDT, and the listing price is set at 0.12 USDT. This means that those who invest today will receive more than 2x when the token is listed.
With its AI foundation, yPredict could have significant upside as AI moves more mainstream.
Visit the yPredict website
Wall Street Memes - Meme coin project for multiple financial memes
In January 2021, the short squeeze at Gamestop and AMC went viral in the stock and cryptocurrency space. The Wall Street Bets Reddit community was the community behind that move, and it became mainstream news around the world.
Inspired by this movement and influenced by having their own community within NFTs, Wall Street Memes founded WSM — a new meme coin paying homage to the event.
Billing itself as "the ultimate expression of the internet's triumph over rampant capitalism", Wall Street Memes is a meme coin used to unite the community and prove to the crypto space that "greed is indeed good". The team is not officially affiliated with r/wallstreetbets, but has successfully created a number of NFT collectibles in the past, including Wall St Bulls on OpenSea.
This is a meme coin with no mentioned utility at the moment. However, it has amassed a large community on Twitter and other social media platforms. This could be a major growth driver for this cryptocurrency in the future.
WSM recently completed a multi-stage presale and is now listed on OKX.
Buy Wall Street Memes
Ethereum - The most popular blockchain for building dApps
Ethereum is one of the most mature and profitable cryptocurrency projects in the decentralized finance market, and almost everyone who trades cryptocurrencies is very familiar with it. It was created by Russian-Canadian programmer Vitalik Buterin and has become the second largest cryptocurrency project with a market capitalization of $359.5 billion.
Ethereum is a blockchain platform that can be used to create decentralized applications; therefore, it is the base for several other cryptocurrency projects. Ethereum was the first platform to use smart contracts, which are self-executing contracts for agreements between buyers and sellers. Ethereum was initially launched on the Proof of Work mechanism and is now transitioning to the more environmentally friendly Proof of Stake mechanism.
Ether is the native cryptocurrency of the Ethereum blockchain, with the ETH token, whose current value is almost equal to $3000. As one of the most popular cryptocurrencies in the world, ETH is supported by all the industry-leading cryptocurrency exchanges and brokers. In addition, holders can stake their ETH tokens to drive network security and earn rewards.
Many people consider ETH to be the best alternative to Bitcoin - i.e. one of the best alternative coins.
Buy Ethereum
Your capital is at risk.
SushiSwap (SushiSwap) - AMM-based decentralized exchange cryptocurrency
As decentralized applications have evolved, decentralized exchanges have also emerged, similar to traditional exchanges, that support buying and selling cryptocurrencies. Sushswap is a DEX that runs on the Ethereum blockchain and, like many other decentralized exchanges, it leverages the idea of collective liquidity pools.
Unlike traditional exchanges that provide third parties to manage transactions, on SushiSwap, assets are locked in smart contracts - holders lock their cryptocurrencies in these pools and buyers buy them. This mechanism is called an automated market maker because all operations are done through code and no central management party is required.
Sushiswap’s native token is SUSHI, a governance token, meaning that everyone holding SUSHI tokens can propose changes to the project’s operations and vote on proposals from others.
SUSHI entered the market at a price of less than $1. The price increased significantly in less than a year, with Sushiswap reaching an all-time high of $22 on March 13, 2021. The value of SUSHI began to decline, affected by a variety of factors, including a large-scale sale by its founder.
Now that its valuation is low, many top traders consider SUSHI to be the best cryptocurrency for a mid-term return strategy.
Buy Sushiswap
Your capital is at risk.
Compound - a decentralized liquidity pool for lending cryptocurrencies
Compound is an Ethereum-based cryptocurrency project founded by entrepreneurs Robert Leshner and Geoffrey Hayes. The project aims to create a traditional money market where users can lend money and earn rewards, while borrowers can borrow money from the market and pay interest. The platform now supports more than 10 cryptocurrencies, including Ethereum, Dai, Tether, USD Coin, Wrapped Bitcoin, etc.
Compound was founded as a startup in 2017 and received $8.2 million in funding from well-known firms such as Andreessen Horowitz and Bain Capital Ventures in 2018. The project received nearly $25 million in funding in 2019, including investments from firms such as Coinbase and Paradigm Capital.
In addition to lending multiple cryptocurrencies, Compound also has its own token COMP, and every time a user interacts with the Compound network, they will receive a certain amount of tokens. The maximum supply of COMP tokens is 10 million tokens, of which 67% are already in circulation. Compound has a market capitalization of over $83.6 billion and is listed as one of the 100 largest cryptocurrencies.
Buy Compound
Your capital is at risk.
Bitcoin - The cryptocurrency with the largest market capitalization
Bitcoin is the first cryptocurrency ever built, created in 2009 by an individual or team known as Satoshi Nakamoto. Over the years, Bitcoin has generated a huge amount of popularity and has become the largest cryptocurrency by market capitalization. Another reason for this is that Bitcoin has a limited supply of coins - only 21 million BTC can be issued, and there are already more than 19 million in circulation.
Bitcoin aims to create a decentralized payment system where everyone can transact globally while remaining anonymous. The cryptocurrency uses blockchain technology based on the Proof of Work protocol. To become a Bitcoin miner, you need to have advanced hardware and provide a lot of electricity to generate new blocks.
One of the reasons to invest in Bitcoin is that if the demand for Bitcoin increases, its price will be positively affected because Bitcoin has a limited supply. However, if you cannot afford 1 BTC, you can pay as little as $50 to buy a portion of Bitcoin.
For many, Bitcoin is the best cryptocurrency to consolidate their portfolio. Over the years, many other cryptocurrencies have died and gone to zero - Bitcoin has always made new highs.
Buy Bitcoin
Your capital is at risk.
Uniswap (Uniswap) - The largest decentralized exchange cryptocurrency by market capitalization
Uniswap is another Ethereum-based project that aims to build a decentralized exchange by collecting liquidity pools. The platform has two groups of members - liquidity providers and traders. The first group of members locks their assets in a smart contract, after which traders can buy and sell assets.
Buyers and sellers pay transaction fees when trading on Uniswap, which is used to issue UNI tokens to liquidity providers. In this way, there is no third party managing the entire process. Although there are multiple DEX projects in the market, Uniswap has attracted a lot of attention and has become the largest DEX project by market capitalization.
Uniswap is one of the first DEXs to provide automated liquidity. It was founded by Hayden Adams in 2018, and in 2020 the project airdropped 400 tokens to the community who made any transactions on the platform before September 2020. In addition to being used to pay trading fees and provide qualifications for liquidity providers, Uniswap also gives governance rights to its holders, which means they can vote on changes to the project.
Buy Uniswap
Your capital is at risk.
Sandbox - The best metaverse cryptocurrency and NFT gaming platform
The Sandbox is one of the most popular metaverse projects. It provides a gaming platform where users can create their own NFT identities, develop them, and sell them for rewards. The gaming platform is very practical: Avatar owners not only hold their Avatars, but can also buy weapons, clothing, and accessories for them.
They can also own a portion of a LAND. They can then upgrade their LAND with more items, host events and charge entry fees, or rent it out to others. The Sandbox project created the SAND token to power its network, both as a utility token and a governance token. SAND is used to pay transaction fees, generate rewards, stake, and vote.
The SAND token has a market cap of nearly $3 billion, ranking it among the top 50 cryptocurrencies by market cap based on the current circulating supply.
Buy Sandbox
Your capital is at risk.
Maker (Maker) - Defi lending platform enabled by smart contracts
The Maker project is one of the earliest Defi projects, founded by entrepreneur Rune Christensen in 2015. The project consists of Maker DAO and the Maker Protocol. The former is a decentralized organization that operates the Maker Protocol, which allows people to issue DAI tokens. DAI is a stablecoin pegged to the US dollar, meaning that its value always remains equal to the US dollar regardless of any changes in the market.
Maker DAO is powered by the MKR cryptocurrency, a governance token that means everyone who holds it has some ownership in the Maker DAO ecosystem. This means MKR holders can participate in the development of the project and vote on its proposals. MKR is valued at $1,650 at the time of writing, with a circulating supply of $160 million and a market cap of $1.6 billion.
Buy Maker
Your capital is at risk.
How We Evaluated the Best Cryptocurrency Buying Options
Over the past decade, cryptocurrencies have entered our lives, creating a decentralized infrastructure that allows peer-to-peer communication without the need for a middleman. As the cryptocurrency market continues to develop and grow, investors are constantly looking for the best cryptocurrency purchase options.
The cryptocurrency market is massive, with thousands of cryptocurrency projects created for different purposes.
The diversity of the industry makes it quite difficult to choose profitable cryptocurrencies. Apart from innovative projects, some digital currencies that are based only on hype can be risky and their prices can collapse after a while.
However, to know which are the best cryptocurrencies to invest in, you have to analyze all the programs that the team plans to implement. In addition, you should also explore the ecosystem that the coin supports and whether it has generated good popularity. Apart from that, you also need to explore its price performance in the market. In short, you need to conduct market and fundamental analysis of cryptocurrencies to understand their potential for future growth.
Is it the right time to invest in digital assets?
Do not invest in crypto assets unless you are ready to lose all the money you invest.
Investors should fully research the cryptocurrency market before considering investing in it and make sure they can afford to lose capital even if its price drops.
We have listed some of the best cryptocurrency investment options for 2023 in this guide, so you can choose your favorite cryptocurrency and open an account to start trading. Our choice for the best cryptocurrency to buy right now is Bitcoin Mining, as it is in the early stages of pre-sale - therefore has the highest upside potential and has introduced a unique staking mining feature.
New Crypto Mining Platform - Bitcoin Minetrix
Rating
Audited by Coinsult
Decentralized, secure cloud mining
Get free Bitcoin every day
Native token now on presale - BTCMTX
Staking Rewards - Over 100% APY
learn more
FAQs on the Best Cryptocurrencies to Buy in 2023
What are the best cryptocurrency investments in 2023?
Our pick for the best cryptocurrency investment in 2023 is Bitcoin Mining. Its staking feature is unique due to its tokenized cloud mining, giving everyone the opportunity to interact with the Bitcoin mining economy.
What is the market capitalization of the cryptocurrency market?
According to coinmarketcap.com, the global cryptocurrency market cap exceeds $1 trillion. Bitcoin is the largest cryptocurrency by market cap ($500 billion) among thousands of cryptocurrencies, followed by Ethereum at $200 billion.
Can cryptocurrency replace fiat currency?
There are no current examples of cryptocurrencies replacing fiat currencies in the industry. However, cryptocurrencies have already made a significant entry into our daily lives, and Defi projects are developing new projects that aim to replace upgrades in centralized systems. Currently, there is no reason to believe that cryptocurrencies can replace fiat currencies in the future. However, there are a few