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Whether it’s established cryptocurrencies or those entering the market for the first time, there are many crypto investment opportunities to consider.
With so many to choose from, finding the next 10x crypto is easier said than done. To help you out, this article analyzes and ranks the 12 best cryptos to buy in 2023.
List of the Best Crypto to Invest in Now
Here’s a convenient list of the 12 best crypto to invest in in 2023:
Love Hate Inu - Overall Best Crypto to Buy Right Now for V2E Staking & Rewards
Fight Out - New Crypto Project Building a Rewards-Based Fitness Ecosystem
C+ Charge - Tokenized Carbon Credits Meet EV Charging Rewards
RobotEra - Innovative Metaverse World With Land Ownership and Virtual Real Estate
Bitcoin - Get the De-Facto Cryptocurrency at a 52-Week Discount of 50%
Ripple - Cross-Border Payments Network for Banks and Financial Institutions
BNB - Gain Exposure to the World’s Largest Crypto Ecosystem
Ethereum - Established Blockchain for Metaverse and DeFi Projects
Dogecoin - 90% Discount on Offer When Compared to All-Time High Prices
Uniswap - Largest Decentralized Exchange on the Ethereum Network
Monero - Invest in the Leading Privacy Coin for Anonymous Transactions
Trust Wallet Token - Native Crypto Token of the Trust Wallet App
Analysis of the Best Cryptocurrency to Buy Today
When looking for the best cryptocurrency to buy today, investors should consider the 12 projects discussed below.
1. Love Hate Inu - Overall Best Crypto to Buy in 2023 as Meme Coin Meets Vote 2 Earn
Love Hate Inu is the overall best crypto to buy today - and here’s why. In a nutshell, Love Hate Inu is building a blockchain-based voting ecosystem. The platform will enable users to vote on social issues, general elections, and local referendums, as well as entertainment and other global events.
Crucially, all votes on the Love Hate Inu ecosystem will be backed by blockchain and smart contract technology. This means that votes can be conducted fairly, transparently, and securely. While at the same time, voters will have their identity protected, ensuring that people can vote anonymously.
The most innovative aspect of Love Hate Inu is that it is building a rewards-based ecosystem. Known as vote-to-earn, users will earn rewards every time they vote. Rewards are distributed in the project’s native token - LHINU. This is an ERC-20 token that is currently on presale - more on this shortly.
The vote-to-earn concept being developed by Love Hate Inu will operate in a self-sufficient way. This is because Love Hate Inu will enable companies and brands to host their own voting pools through paid partnerships. This means that payments made by third parties will be distributed to those that vote.
Users can earn additional rewards by staking their LHINU tokens. This means that users are not only incentivized to vote on social issues but lock their tokens too. Although Love Hate Inu is a newly launched project, its voting rewards program is expected to launch in Q3 2023. By Q1 2024, the Love Hate Inu whitepaper notes that voting will be combined with metaverse experiences.
In line with its new and innovative vote-to-earn concept, Love Hate Inu is already trending in the cryptocurrency community. In fact, the project is showing similar signs to other successful meme coin projects, such as Shiba Inu. For instance, the Love Hate Inu presale is trending on a variety of social channels and is expected to secure a huge number of holders. In just a few days it has already raised over $398k!
There is a lot of hype surrounding the concept itself, as well as the huge presale discount currently being offered to early investors. For example, the current presale stage is priced at $0.000085 per LHINU token. Once the current batch sells, LHINU will increase by almost 6% to $0.00009.
Incremental price increases will continue throughout the Love Hate Inu presale. After the presale has finished, LHINU tokens will be listed on an exchange at $0.000145. This is 70% higher than the current presale price. Importantly, 90% of LHINU tokens are being sold during the presale. This guarantees that a rug pull is impossible. For more details be sure to join the Love Hate Inu Telegram group.
2. Fight Out - New Crypto Project Building a Rewards-Based Fitness Ecosystem
Investors searching for innovative projects might also consider Fight Out as the best crypto to invest in 2023. Put simply, Fight Out is bringing the fitness industry to the world of blockchain. Once its ecosystem is fully developed, users will be able to earn crypto rewards every time they exercise. Each movement will be tracked in real-time across any workout routine imaginable.
For example, a user that lifts weights or completes a 10km jog will receive rewards in REPS tokens. The number of REPS tokens received will depend on the rigorousness of the workout. This means that Fight Out incentives users to take their health and fitness regimes to the next level.
Crucially, the move-to-earn concept being developed by Fight Out is based on a sustainable and long-term model. The reason for this is that in order to access the Fight Out app, users will need to stake FGHT tokens. This is the utility token of Fight Out and just like REPS, FGHT operates on the Ethereum blockchain.
To clarify, REPS is the rewards currency that can be used to secure lower subscription fees to the Fight Out app. REPS can also be used to purchase in-game NFTs and assets, as well as Fight Out merchandise. Moreover, REPS can be exchanged for FGHT tokens and then swapped for another cryptocurrency via an exchange.
There are many core features being developed by Fight Out that will give FGHT every chance of becoming the fastest-growing crypto of 2023. For example, Fight Out is building a metaverse alongside its rewards-based app. Users will enter the Fight Out metaverse with their own avatar.
Not only is the avatar unique to the user, but it is backed by an NFT. Furthermore, Fight Out avatars can be personalized with tattoos, apparel, and more. To gain exposure to this innovative move-to-earn project, investors can buy FGHT tokens during the ongoing presale. The current price of FGHT is $0.02850 and the tokens will soon be listed on an exchange at $0.0333.
This offers an upside of 16% based on the exchange listing price. Moreover, there is a presale bonus of up to 67% for investors that buy FGHT today. Do note that the presale has already raised over $5.4 million, so is expected to sell out soon.
3. C+ Charge - Tokenized Carbon Credits Meet EV Charging Rewards
C+Charge is another innovative crypto project that is currently offering its native token, CCHG, via an ongoing presale. C+Charge is bridging the gap between the carbon credits market and EV (electric vehicle) charging industry. The project will achieve this goal through blockchain and other web3 technologies.
The main concept is that EV drivers will receive tokenized carbon credit rewards every time they charge their cars. As such, instead of carbon credits going solely to the EV manufacturer or charging station owner, drivers themselves will benefit from this green incentive. For those unaware, carbon credits remain in high demand for the additional emissions that they permit.
In other words, companies purchase carbon credits from the open market so that they can emit higher levels of carbon and other harmful gasses. This means that the tokenized carbon credits that C+Charge users earn will have real-world value. Each EV charge will yield GNT tokens, which represent voluntary carbon credits.
Crucially, the tokenized carbon credits are provided through a Flowcarbon partnership, which is backed by Samsung Next and Invesco. In terms of the specifics, C+Charge is building an app for iOS and Android devices. The app will show the nearest C+Charge charging station based on the user’s location.
Additionally, the C+Charge app will have an in-built wallet that enables users to store both CCHG and GNT tokens. While GNT represents carbon credits, CCHG is the utility token backing the C+Charge ecosystem. CCHG has utility because it enables users to pay when charging their EVs at a partnered C+Charge station.
Growth investors will be pleased to know that the ongoing presale campaign is offering CCHG tokens at a discounted price. As the presale is now in stage six, CCHG is priced at just $0.019. This offers an upside of 23%, considering that CCHG will be priced at $0.0235 in the final stage of the presale.
4. RobotEra - Innovative Metaverse World With Land Ownership and Virtual Real Estate
RobotEra is a newly founded blockchain project that is building an innovative metaverse world. When entering and exploring the RobotEra metaverse, users will be represented by a virtual robot avatar. Each avatar is unique to the user and is backed by an NFT. Moreover, users can personalize their robot NFT however they wish.
Within the RobotEra metaverse, users will be able to purchase plots of land. Each plot is backed by an NFT, so the land can be sold via online marketplaces at any given time. Through a user-friendly building tool, users can also construct real estate on the land that they own. The main ethos of RobotEra is that there will be no limitations when constructing real estate
For example, users can choose to build a residential house or villa. Alternatively, users with commercial objectives could build a virtual coffee shop, museum, hotel, casino, stadium, or any project of their choosing. RobotEra even enables landowners to monetize their real estate projects. For instance, a user could sell tickets to a virtual event that is hosted on their land.
Alternatively, a user could offer metaverse-style gambling games in their own casino. Either way, all transactions in the RobotEra metaverse are paid in TARO. This is an ERC-20 token that enables users to buy and sell land. TARO is also used to build real estate projects, access metaverse events, play games, and more.
Upon earning TARO tokens, users can stake them for passive rewards. This incentivizes users to keep their TARO tokens in the RobotEra ecosystem, rather than cashing them out via an exchange. Although RobotEra is already generating huge hype in the crypto community, its TARO tokens are yet to list on an exchange.
Instead, TARO tokens are currently being offered via a presale campaign. More than $1 million has already been raised and the presale is still in stage one. Each TARO token costs just $0.20 right now, but the price will increase by 25% to $0.25 in the coming days.
5. Bitcoin - Get the De-Facto Cryptocurrency at a 52-Week Discount of 50%
Bitcoin is both the largest and original cryptocurrency in the market. Although Bitcoin has generated life-changing returns since it was launched in 2009, the digital asset is currently trading at a huge discount.
In fact, based on its 52-week high of over $48,000, Bitcoin can now be purchased at a discount of 54%. When compared to its all-time high of over $68,000, the current price of Bitcoin represents an even higher discount of 68%.
With that said, we should note that Bitcoin has shown strong signs of recovery since hitting 52-week lows of $15,500. Considering that year-to-date Bitcoin has recovered to $25,000, this represents a short-term upside of over 60%.
In terms of the fundamentals, Bitcoin is considered by many as a store of value. Its total supply is capped at 21 million BTC and new tokens enter the market incrementally. Another reason why Bitcoin is the best crypto to buy now is that the next halving event will take place in early 2024.
This means that the current blockchain reward of 6.25 BTC will be halved to 3.125 BTC. This reduces the overall supply and as such, often results in an extended bull run. History suggests that the bull run begins in the build-up to the anticipated halving date.
6. Ripple - Cross-Border Payments Network for Banks and Financial Institutions
Next up on this list of the best cryptocurrency to invest in 2023 is Ripple. Just like Bitcoin, Ripple is an established project with more than a decade in the blockchain space. The project has built a global payments network that enables banks and financial institutions to transact across borders.
Irrespective of where the sender/receiver is based or the currencies being used, Ripple transactions take just 4-5 seconds to process. Each transaction costs a fraction of a cent and the network can handle over 1,500 transfers per second.
This offers a hugely efficient alternative when compared to legacy systems like SWIFT. When cross-currency transactions take place on the Ripple network, its XRP token provides liquidity. Therefore, XRP tokens have real-world utility.
However, XRP is trading at a huge discount when compared to the all-time high it hit in early 2018. Back then, XRP peaked at over $3.80. Right now, XRP can be purchased at under $0.40 per token. If XRP is able to one day regain its prior all-time high, this offers an upside of over 800%.
7. BNB - Gain Exposure to the World’s Largest Crypto Ecosystem
Launched in late 2017, BNB is the native token of Binance. This means that by buying and holding BNB, investors can gain exposure to the Binance ecosystem. To offer some insight into its dominance, Binance facilitated $21 billion in trades over the prior 24 hours alone.
During the same period, just $1.5 billion was traded at Coinbase. Binance also has its own native network - Binance Smart Chain. This is used by thousands of crypto projects and all transactions are conducted in BNB.
BNB is also used to secure lower commission fees on the Binance exchange. Moreover, Binance burns BNB tokens regularly, which reduces the overall supply. As of writing, BNB is trading at a 36% discount when compared to its 52-week high.
8. Ethereum - Established Blockchain for Metaverse and DeFi Projects
Ethereum could also be considered as the best cryptocurrency to buy now. Its native blockchain network is used by thousands of third-party projects, including leading metaverse and DeFi ecosystems.
This includes Love Hate Inu, Fight Out, and C+Charge - which we discussed earlier. The reason that Ethereum is the preferred blockchain network is that it supports smart contracts. This enables transactions to take place in a trustless and secure environment.
Moreover, Ethereum recently completed its transition to proof-of-stake. This means that transactions are now faster and more scalable. Although transaction fees remain high, core developers at Ethereum continue to work on a solution.
Ethereum is backed by its own native token, ETH. Compared to its 52-week high of $3,500, ETH is currently trading at a 52% discount. The all-time high of ETH stands at over $4,600 - so there is plenty of upside to target in the coming months and years.
9. Dogecoin - 90% Discount on Offer When Compared to All-Time High Prices
Dogecoin is one of the best cryptocurrencies to invest in 2023 for medium-term upside. Compared to its prior all-time high of $0.74, Dogecoin is available to buy at a 90% discount. This means that if Dogecoin is able to regain its former all-time high during the next bull run, an upside of nearly 1,000% is on offer.
Considering that Dogecoin has one of the largest number of token holders in this space, this is more than possible. Investors also remain bullish on Dogecoin because of its popularity with Elon Musk.
During the prior bull market, the Tesla CEO allocated $1.5 billion from the firm’s balance sheet to purchase cryptocurrencies, which included both Bitcoin and Dogecoin. However, while Musk has since sold Tesla’s Bitcoin holdings, Dogecoin remains on its balance sheet.
Dogecoin has also enjoyed a short-term upside in recent months in relation to Musk’s purchase of Twitter. There is anticipation that Twitter services, such as its ‘Blue’ verification tick, will soon accept Dogecoin as a payment method.
10. Uniswap - Largest Decentralized Exchange on the Ethereum Network
We mentioned earlier that some of the leading DeFi ecosystems are built on the Ethereum network. This includes Uniswap, which is the largest decentralized exchange to specialize in ERC-20 tokens.
Uniswap is a pioneer of automated market maker (AMM) technology. This enables users to trade crypto tokens without needing to be matched with a seller. Instead, crypto tokens are deposited into a liquidity pool, with pricing based on demand, volume, and other factors.
Uniswap also offers DeFi earning services, such as staking and yield farming. Users can also access Uniswap to borrow crypto tokens at competitive rates. Uniswap is backed by the UNI token, which is currently trading at a 50% discount when compared to its 52-week high.
11. Monero - Invest in the Leading Privacy Coin for Anonymous Transactions
Monero is one of the best cryptos to buy in 2023 to gain exposure to privacy coins. Launched in 2014, Monero is an established player in this space. Its blockchain supports transactions with a much higher level of anonymity when compared to Bitcoin.
Monero is also faster than Bitcoin, as transactions take just two minutes to process. The Monero network is backed by the XMR token, which has witnessed huge growth since launching nearly a decade ago.
Back in 2014, XMR was trading at just $1.60. This translates into growth of over 9,000% when compared to current prices. However, considering that XMR has a 52-week high of $288, investors can secure a discount of almost 50% by investing today.
12. Trust Wallet Token - Native Crypto Token of the Trust Wallet App
The final option to consider on this list of the best cryptos for 2023 is Trust Wallet Token. As the name suggests, this is the native crypto token that backs the Trust Wallet ecosystem. For those unaware, Trust Wallet is a decentralized wallet app that is owned by Binance.
More than 25 million people use Trust Wallet to store their tokens and access DeFi services. The latter includes access to Pancakeswap, which is the leading exchange for trading BSc tokens. Trust Wallet Token was launched by Binance in late 2020 and began trading at just $0.0066.
The token is trading at $1.24 right now, meaning it has generated gains of over 18,000% since launching. With that said, Trust Wallet Token carries a market capitalization of just $500 million. And considering its backing by Binance, there is plenty of upside for investors to target in the long run.
How to Find the Best Crypto to Invest in
There are many tactics and strategies that investors can deploy when searching for a top crypto to buy.
Our list of 12 top cryptocurrency to invest in was compiled based on the following factors:
All of the cryptocurrencies discussed on this page have a fundamental use case. This ensures that each coin has the ability to remain relevant in the long term.
For example, Fight Out’s utility token, FHGT, is required to access its rewards-based fitness app.
And in the case of Love Hate Inu, its LHINU token is the project’s vote-to-earn rewards currency.
In another example, CCHG is the native token of C+Charge. CCHG can be used to pay for an EV charge, which enables drivers to earn tokenized carbon credits.
Ultimately, when exploring the best cryptocurrency to watch in 2023, only consider tokens that have a real-world use case.
We also like brand-new crypto coins that not only have a unique selling point but are also available to buy via a presale campaign.
Put simply, presales are similar to IPOs, as they enable investors to gain exposure to a project from the get-go. This means that early investors will secure a first-mover advantage through favorable pricing.
For example, LHINU tokens are currently available at just $0.000085 via the Love Hate Inu presale.
The team behind this innovative vote-to-earn ecosystem has confirmed an exchange listing price of $0.000145.
This means that after the presale, current investors will have already secured gains of 70%.
Other ongoing presales that represent the best crypto to watch include Fight Out (FGHT), C+Charge (CHG), and RobotEra (TARO).
Bear Market Discounts
In addition to new projects like Love Hate Inu and Fight Out, investors might also consider established crypto coins.
In this regard, we discussed the potential of Bitcoin, Ethereum, XRP, and many others. The reason for this is that the current bear market offers a huge discount when compared to 52-week highs.
For example, Bitcoin and BNB are currently trading at a discount of 54% and 36% respectively.
With broader crypto prices continuing to trade at huge discounts when compared to prior valuations, this represents an attractive time to buy. Overall, one of the best crypto coins to buy is LHINU, which backs the Love Hate Inu ecosystem. Love Hate Inu is building a vote-to-earn platform that rewards users for voting.
And best of all, investors looking to buy LHINU tokens can secure a discounted price of $0.000085 via the presale launch. In fact, a 70% upside can be locked in today, as Love Hate Inu will be listed on an exchange at $0.000145 after the presale finishes.
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