Best Crypto To Buy Right Now On Reddit In 2023

Reddit is one of the most prominent message boards and discussion forums on the internet today. Every day millions of crypto investors, traders, and enthusiasts throng different Reddit subs for tips about the best crypto to buy, trading and investing tips, news and events, as well as insights about the market direction of individual coins and the general cryptoverse.

Over time, Reddit has positioned itself as the most important information hub for all things crypto. It has also played a crucial role in shaping individual coins’ direction and price performance and serving as the launch pad and news/notifications board for different cryptos.

 So, what is the best crypto to buy on Reddit right now? What are the most hyped crypto assets on Reddit??

We answer both questions below and tell you the best Reddit crypto subs to follow today.

Read on. 

The 10 Best Crypto To Buy Right On Reddit

Here is an outline of the best crypto to buy on Reddit today and their most outstanding feature.

 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Below, we discuss all these coins in detail. We explore their key features, their past price action, their expected future performance, and everything else you need to know before investing in the coin.

A Closer Look At The Best Cryptos To Invest In On Reddit

Redditors have fronted a variety of reasons why they believe the following cryptos are worth investing in today. Key among them is the fact that they have rather solid fundamentals, that they are backed by highly relevant underlying blockchain technologies, a large community of followers, and their proven resilience.

Let us go over each of the best cryptos to buy on Reddit to try to understand why investors, analysts, and the general Reddit population believe they are worth investing in right now.

1. Bitcoin (BTC) - Overall Best Crypto to Buy According to Reddit

Bitcoin remains the most valuable crypto in the world and the overall best crypto to buy on Reddit. It is the most recommended crypto investment to all crypto enthusiasts - from long-term hodlers to beginners and even traders. Going through crypto Reddit, you will come across numerous threads, reviews, podcasts, and discussions attempting to explain what makes BTC the best crypto to buy in 2023.

These range from the observation that even at its lowest moments, BTC has always sustained an overall positive uptrend. Further, its use cases are growing, as evidenced by Bitcoin's adoption as a legal tender by two sovereign nations and embrace as a payment option by thousands of businesses and millions of individuals across the world.

Additionally, BTC ranks highly among the best Reddit crypto because of its massive potential for future value gain and the sustainability of its blockchain technology. After rallying by more than 100000% in the last decade, a growing number of Redditors are now confident that BTC will rally by a further 5000% and break above $1 Million by the turn of the decade.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. Ethereum (ETH) - Most Promising Crypto to Buy in 2023

Ethereum is one of the most talked about crypto on Reddit. As is the case with Bitcoins, there even are multiple subreddits dedicated to discussing all things ETH, with some liker/Ethereum attracting more than 1.4 million contributors. But far from this popularity, several other factors make Ethereum the best crypto to buy right now on Reddit today.

For starters, it is in the final stages of executing “The Merge” – the transition from PoW to the energy-efficient PoS consensus mechanism. This will not only endear it to the large base of the environment-conscious investment community but also improve its efficiency significantly. For starters, it is expected to expand its scalability by increasing its transaction processing speeds from the current 20 per second to between 20,000 and 100,000 transactions per second.

Redditors observe that even with the slow transaction speeds, ETH was still able to rally to become the most used blockchain. With the increased scalability, the number of developments on the ETH network and brands looking to build on this ecosystem is bound to skyrocket.

At its peak in 2021, ETH had grown its worth by more than 1630000%. Moving forward, some optimists expect ETH to embark on a sustained bull run that will eventually help it flip BTC as the most valuable crypto within the next decade.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

3. Cardano (ADA) - Best Undervalued Cryptocurrency to Buy Today

Cardano ranks highly among the best crypto to buy right now on Reddit because the majority in the crypto verse believe it is massively undervalued. Despite being one of Ethereum’s fiercest competitors and the largest smart contract platform operating on the PoS consensus mechanism today, it still continues to post a rather depressing price action.

But Redditors have an explanation for this, which also informs their belief in Cardano’s future and forms part of the reasons why it makes it to our list of best crypto to buy on Reddit. They argue that Cardano is only undervalued because its ultra-secure development process slows down its dynamicity. For instance, while it has been around since 2017, it only integrated the smart contract feature in late 2021.

The upside to this is that the Cardano network is more secure and reliable than most other smart contract platforms. And as it integrates more features like DeFi, dApps, Web3, DEXs, and establishes itself as the most secure smart contract blockchain network, its price will correct upwards. The confidence in ADA’s future has seen it attract close to 700K Redditors to its official r/Cardano subReddit.

We must also observe that even with the poor price action, Cardano has sustained an overall uptrend. Moving forward, optimists expect it to rally by as much as 12000% and possibly flip Ethereum before the turn of the decade – which makes it one of the best Reddit crypto to buy and HODL.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

4. Dogecoin (DOGE) - Best Meme Coin to Invest in Right Now

Dogecoin is one of the most popular and valuable meme coins and a Reddit creation. It started as a joke on this social media platform in 2013 between two engineers, and the forum also played a critical role in its massive rally in early 2021.

After the GameStop mania, Redditors turned their attention to the crypto market and settled on Dogecoin. The community’s spirited price pump efforts for DOGE were eventually picked up by the likes of Elon Musk and Snoop Dogg, whose tweets about Dogecoin resulted in the all-popular 2021 meme coin craze.

By the time the early 2021 bull run peaked, DOGE prices were up by close to 20000%. This helped it become a top 10 crypto with a market cap in excess of $20 Billion. The joke currency’s popularity also soared to unimaginable heights, as evidenced by the fact that the r/Dogecoin subreddit had more than 2.4 million contributors - at the time of writing.

Today, it still is one of the most discussed cryptos on Reddit. In addition to Musk and Snoop, it has attracted more celebrities and crypto influencers who have been instrumental in fueling price pumps that help it safeguard its position among the most valuable cryptos. This, plus its proven resilience and adoption as a payment method by different businesses, make it one of the best meme coins to buy today. Its highly volatile price action also makes it one of the best cryptos to day trade.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

5. Binance Coin (BNB) - Well-Known Crypto with Increasing Use Cases

Binance Coin is one of the fastest-growing cryptocurrencies, thanks to its connection to the fast-rising Binance exchange and Binance Smart Chain network. In the 5 years it has been around, it has sustained an overall positive uptrend – rallying by as much as 460000% during its peak in 2021. Redditors also observe that the Binance ecosystem of expanding fast – which only means more use cases for the BNB coin.

These, plus Binance Coin’s proven resilience and highly sustainable future, make it one of the best crypto to buy right now on Reddit. By the turn of the decade, analysts expect the Binance Coin to have rallied by as much as 4000% to break above $12,000. Such a promising future makes it one of the best Reddit cryptos to buy and add to your long-term portfolio, while its highly volatile price action makes it perfect for active trading.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

6. Polygon (MATIC) - Most Promising Scalability Token to Invest in Today

Polygon is the most used and most valuable layer-2 scaling solution on the Ethereum network. Even with the Merge, the majority of crypto analysts and investors are confident that layer-2 scaling solutions like Polygon will still be in high demand among brands and protocols that want to further increase their transaction speeds and lower transaction costs. This proven sustainability is one of the key reasons why the community believes MATIC is one of the best cryptos to buy right now on Reddit.

Additionally, Redditors recommend buying MATIC because Polygon is a multi-chain scaling solution that hopes to eventually launch on other EVM-compatible blockchains. Further, MATIC has had an impressive past price action, and the number of brands building on Ethereum via Polygon has skyrocketed – which makes the token one of the most recommended crypto to buy on Reddit. For example, a large number of popular on- and off-chain brands, including Uniswap, OpenSea, and SportX dApp, are all leveraging the Polygon scaling solution.

Moving forward, Redditors are confident that Polygon will continue attracting big-name brands looking to build on Ethereum. This, plus a possible launch on other blockchains, is expected to catapult MATIC token prices to unprecedented heights – adding to the reason why Polygon features prominently on our list of the best crypto to buy on Reddit.

By the turn of the decade, the majority expect MATIC token prices to have rallied by 7500%+ to tear above $60.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

7. Avalanche (AVAX) - Best Alternative Smart Contract Platform

Going through the list of best cryptos to buy on Reddit, you will observe the platform’s appreciation of the role smart contract platforms are expected to play in the future of the crypto and blockchain industry. And among the most talked about smart contract platforms, often described as crypto of the future, is the Avalanche network.

Among the fundamental factors fronted as reasons to invest in AVAX today include its scalability, its dynamicity, low transaction fees, and adaptability. Avalanche also makes it to our list of best crypto to buy on Reddit because it has performed exemplarily well in the past – having rallied by close to 30000% to peak at $146 in 2021.

Most Redditors expect AVAX to sustain this uptrend and possibly rally by more than 15000% to reach $3000 by the turn of the decade. These, plus the fact that it has the backing of highly sustainable blockchain technology, make AVAX one of the best cryptos to buy today - according to Redditors. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

8. Shiba Inu (SHIB) - Best Meme Coin to Buy Before Next Crypto Rally

Shiba Inu is one of the most popular and among most valuable meme coins. It was also one of the best performing cryptos of 2021, having grown its value by as much as 5 million percent during the early 2021 crypto market rally. It, too, is a joke coin that attributes much of its massive popularity, explosive past price action, and market cap to Reddit hype and price pumps. It still is one of the most discussed meme coins on the platform and one of the best crypto to buy right now on Reddit – viewed as the best Dogecoin alternative.

Most Redditors rank it among the best cryptos to buy before the next rally because, being a meme currency, it derives most of its value from hype and market performance. They also consider it a short-term investment because they are hugely pessimistic about its sustainability. Nevertheless, they recognize that Shiba Inu developers have taken several steps to enrich the SHIB ecosystem, rev up the SHIB token’s value, and prop up its long-term feasibility.

These include the launch of the Shibaswap, a decentralized exchange on the Shiba Inu ecosystem. They have also introduced a Launchpad for different tokens and meme coins. But more importantly, they have increased the burn rate for SHIB tokens with the hope that a reduced supply against a rising demand would trigger a value gain for SHIB tokens. These make it a good investment, while its volatile price action makes SHIB excellent for active trading.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

9. Bitgert (BRISE) - Best Cheap Crypto to Buy on Reddit

Bitgert is a relatively new smart contract platform that started as a Binance Smart Chain protocol in 2021 before launching the Bitgert Chain mainnet in February 2022. It continues to generate a lot of attention from the Reddit community because of its incredibly low transaction fees (near zero) and ultra-fast transaction processing speeds – of up to 100000 per second. These, coupled with its ambitious roadmap and experienced development team, have most analysts and investors convinced BRISE is the crypto of the future.

We add it to the list of best crypto to buy on Reddit because they believe it will pose the greatest threat to such Ethereum competitors as Cardano and Solana. Over time a growing number of analysts are confident that it will pose a real challenge to Ethereum itself. These are all indicators of a possibly uptrending future price action, which makes it one of the best coins to buy and hodl.

It also makes it to the list of best crypto to buy on Reddit because it is currently massively undervalued. Most Redditors are thus convinced that as it starts implementing most of the milestones indicated on its whitepaper and laid out on its roadmap, BRISE token prices will most likely embark on an unprecedented rally.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

10. Solana (SOL) - Best Smart Contract Platform for Long-Term Investing

Solana is the fastest-growing smart contract platform. It also boasts of some of the fastest transaction processing speeds, at 65000 per second (with a long-term goal of breaking above 700K tps) and has committed to keeping transaction fees on the network below $0.1 – forever. Launched in 2020, Solana has integrated more features from smart contract features to DeFi, dApps, Web 3, and the metaverse than some of its competitors – such as Cardano. This makes it Ethereum’s fiercest competitor today.

But these aren’t the only reasons why it is considered the best crypto to buy right now on Reddit. Others include its stellar past price action – seeing that it rallied by more than 130000% in less than 2 years to peak around $260 in late 2021. And though this unmatched value gain may have slowed down owing to the ongoing crypto market contraction, SOL token prices are expected to continue rallying in the foreseeable future.

By the turn of the decade, for instance, analysts expect Solana to have rallied by more than 10000% to reach $4500. And this makes it the best crypto to invest in over the long term - according to most Redditors.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Best Reddit Crypto Groups In 2023

Reddit is crammed with crypto content, from highly insightful information about the happenings within the crypto industry to not-so-valuable opinions. To access relevant and actionable crypto information, you need to know which crypto subreddits to follow.

Here is a list of the top 5 subreddits that every crypto trader or investor should consider following:

• r/Cryptocurrency

The r/Cryptocurrency subreddit is an information-packed forum and the go-to platform for all things crypto. Here, you get to interact with close to 5 million Redditors and crypto enthusiasts who are always informative news, trading/investing tips, events, and opinions about developments in the cryptoverse. You can also learn how to trade and about the different investing strategies. The subreddit also hosts the ‘Daily Discussion’ thread that discusses all the impactful events and news shaping the crypto verse every day.

• r/Bitcoin

The r/Bitcoin subreddit is dedicated to all things crypto. Unlike r/cryptocurrency, which discusses digital currencies in general, r/Bitcoin is a community of over 4 million crypto enthusiasts dedicated to learning everything about Bitcoin. Here, you learn the happenings around BTC and the Bitcoin blockchain, how to trade, and keep up to date with the pioneer crypto on the ‘Daily Discussion’ thread.

• r/Wallstreetbetscrypto

The r/Wallestreetbetscrypto subreddit is an iteration of the ‘Wallstreetbets’ movement that helped the likes of GameStop stocks push back against the shorts from the hedge fund industry. But in place of pushing back against larger investors, this subreddit is dedicated to popularizing low-cap cryptos that have the highest reward potential but carry equally gigantic risks. You will want to join this subreddit if you are comfortable investing in high-risk cryptos.

• r/DeFi

r/DeFi can be best described as a niche subreddit dedicated to discussing and educating the crypto community about all things decentralized finance. Here, crypto investors and traders, crypto analysts, developers, and fintech experts share their thoughts and experiences about different DEXs, dApps, tokens, and projects.

• r/BitcoinBeginners

The r/BitcoinBeginners subreddit is an excellent starting point for crypto enthusiasts looking to get their feet wet in the crypto-verse. It is a platform where more than 1 million Redditors congregate to teach each other how to get started with Bitcoin trading and investing. Here, you learn how to monitor the markets, the different trading/investing strategies, risk management, the best places to buy Bitcoins, and how to store your coins. And the best thing is that this information applies to any other cryptocurrency.

Conclusion – Best Crypto To Buy Right Now On Reddit

There goes the ultimate list of the best cryptos to buy on Reddit. These are the most talked about digital assets. We have gone over some of the reasons why they are such hot topics on the social media giant, how they have performed in the past, and their expected future price action.

The bottom line is that they all have highly promising future, they have strong fundamentals, and the Reddit community is convinced that these will translate to positive ROI for crypto traders and investors.

We have also discussed the best crypto subreddits to follow today, whether you are a beginner, an aggressive high-risk trader, a beginner, or a Bitcoin maximalist.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FAQs On The Best Crypto To Buy Right Now On Reddit

What cryptos should I invest in now Reddit?

Bitcoin is by far the most talked about crypto on Reddit. But in the above guide, we have discussed BTC and nine other highly potent cryptos that Redditors believe you should be investing in right now.

What is the best crypto subreddit?

There are multiple relevant and highly valuable crypto subreddits. Hereinabove, we have highlighted what we consider the top 5 most valuable crypto subreddits appealing to general investors, Bitcoiners, beginners, DeFi enthusiasts, and active traders.

What cryptos do Redditors recommend the most?

While the crypto verse continues to expand, with more than 20000 cryptocurrencies in existence today, Bitcoin is still the most recommended investment for beginner/pro investors and traders on Reddit.

What are the top Reddit memes coins to buy right now?

The most popular meme coins on Reddit have to be Dogecoin, Shiba Inu, and Apecoin. But you can learn about more meme coins and low-cap joke currencies on such subreddits as r/Wallstreetbetscrypto.

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