Fastest Growing Cryptocurrencies In 2023 - What Crypto To Buy Today

Identifying and investing in the fastest growing cryptocurrencies early on can have an unimaginable impact on your crypto portfolio. If you had, for instance, identified the meme coin craze early - before the 2021 rally - and invested in Shiba Inu at the presale stage, you would have grown your portfolio by as much as 5000000% by the time it peaked in October. 

While the 2021 bull run may have subsided, it still isn't too late to invest in one of the fastest growing cryptos. And in this guide, we will introduce you to what we consider the fastest growing and most promising cryptocurrencies in 2023. 

These are established coins that have weathered the early 2023 market contraction. Most of these have also embarked on price recovery and we expect them to break into a run that catapults their price and your investment to record highs over the next few months/years. 

Top 10 Fastest Growing Crypto Picks Today 

After thoroughly analyzing the crypto markets, our experts identified the following 10 digital assets as the fastest growing cryptocurrencies of 2023. 

 

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

Next, we discuss all these fast-growing cryptos in detail. We establish how fast they are     growing, what makes them unique, whether this level of growth is sustainable, and how high their price can reach in the foreseeable future 

A Closer Look At The Fastest Growing Cryptocurrencies 

The cryptoverse is still in its infancy stages. Most digital currencies being launched here are also full of promise, which explains why we have so many coins that fall under the fastest growing crypto category. 

But while searching for the top 10 fastest growing cryptocurrencies, we considered not just their current and recent past performances. We checked if a coin has strong fundamentals to help it sustain this uptrend. 

Let us go over each of these assets and checked why they are worth buying today:

1. Ethereum (ETH) - Overall Fastest Growing Cryptocurrency in 2023 

Ethereum launched in 2015 at an ICO price of $0.3. In November 2021, it peaked at $4890 - more than 1.63 million percent above this ICO price. And while it fell more than 80% below this all-time high, dipping below $900, during the early 2023 market contraction, it is back on the recovery path. Over the past three months, it has rallied by more than 200% and has its guns trained on the $2000 mark. 

We consider it the overall fastest growing cryptocurrency to buy today because several developments are about to send its prices to the moon. The most anticipated is ‘The Merge’ - most likely before the end of the year. This would transition Ethereum to a PoS network, cut its supply by 80%-90%, and increase transaction processing speeds. All these are expected to fuel its ongoing gains and catapult it to unimaginable heights. 

We also list it among the fastest growing cryptos because it has sustained a spirited overall uptrend, has a highly sustainable blockchain, and is expected to continue rallying into the foreseeable future. By the turn of the decade, some analysts expect Ethereum to have rallied by more than 6000% to break above $100,000 and overtake Bitcoin as the most valuable crypto asset. 

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

2. Bitcoin (BTC) - Safest Fast Growing Crypto to Buy Today

Bitcoin makes it to our list of fastest growing cryptocurrencies because it too is in a rapid accumulation phase. It is well on its way to escaping a dip occasioned by contracting the crypto market - that saw it lose more than 70% of its November 2021 peak prices. 

Over the last decade, Bitcoin has been the best-performing crypto asset, having grown its value worth from pennies in 2010 to a peak at $64,800 in 2021. And now that it has charted its path to recovery, we expect it to replicate these past growth patterns and recapture its 2021 highs soon.

We also feature it among the fastest-growing cryptos today because of the rate with which it is being adopted both as a medium of exchange and legal tender. Today, most individuals, as well as eCommerce and physical stores, will accept Bitcoins as payment for goods or services. Further, countries like El Salvador and the Central African Republic have already embraced BTC as a legal tender. 

These and other factors like the recovering crypto market, positive legislation, rising inflation, and sped-up adoption of blockchain and crypto technologies are all expected to continue fueling BTCs growth. By 2030, optimistic analysts, investors, and fintech experts like Cathie Woods - the Ark Invest hedge fund CEO - expect Bitcoin to have rallied by 4000%+ to break above $1 Million. 

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

3. Binance Coin (BNB) - Cryptocurrency With One of the Fastest Recovery Speeds

Binance Coin - the native currency for the Binance Smart Chain and utility token for the all-popular Binance exchange - also makes it to our list of fastest growing cryptocurrencies. Launched in late 2017, the Binance coin has exploded in popularity and this saw its market cap peak at $3 Billion. Currently, BNB occupies a near-permanent post among the world's top 5 most valuable cryptocurrencies. 

In the five years it has been around, Binance Coin has grown its value by more than 450000% - averaging 90000% per year. Much of this was made possible by its increased use cases for the coins owing to the increased trader activity on the Binance exchange as well as increased transactional activity on the rapidly growing smart contract Binance Smart Chain. 

During the early 2023 crypto market contraction, Binance lost as much as 75% of its 2021 peak prices. Today, however, BNB is already 200% above its 90-day dip, and analysts confirm that it may be well on its path to recovery. 

Moving forward, increased trader activity on Binance, expanding smart chain, a recovering market, continued burning of BNB coins, and increased use cases of BNB tokens outside the Binance ecosystem are all expected to fuel its future growth. And if you buy BNB today, analysts estimate that you have a chance of growing this investment by as much as 4000% before 2030 when BNB hits $14000. 

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

4. Cronos (CRO) - Fastest Growing Exchange Backed Blockchain 

Cronos coin is in many ways similar to the Binance Coin. It is the native token for the Cronos chain and the utility token for the Crypto.com exchange. Part of the reason why we include it song the fastest growing cryptocurrencies to buy today is that we expect to mirror BNB’s growth pattern. 

But this isn't the only reason why it makes it here. CRO also makes it here because it too has performed exemplarily well in the past. After shedding more than 90% of its November 2021 highs in the 2023 crypto market meltdown, CRO is well on track to recovery and has even grown its growth by more than 200% in the last 2 months. 

We also feature it among the fastest growing tokens because we expect increased utility at both the crypto exchange and blockchain level to fuel its value gain. This is informed by the fact that the Crypto.com exchange is continuously expanding its list of supported countries which has helped it feature among the most liquid and popular platforms. Its Cronos Chain is relatively new (launched in late 2021) and is growing steadily. 

In addition to the increased use cases of CRO tokens on Crypto.com and Cronos chain, a recovering crypto market and growing adoption of blockchain technology are expected to continue fueling CRO’s value gain. By the turn of the decade, analysts expect Cronos to have rallied by as much as 10000% - which makes it a valuable addition to your basket of fast-growing cryptos today.

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

5. Solana (SOL) - Fastest Growing Smart Contract Platform 

Solana is the fastest growing smart contract platform, which explains its inclusion on our index of fastest growing cryptocurrencies to buy today. Established in 2020, Solana has outperformed most other smart contract blockchains - commonly referred to as Ethereum killers - by expanding its ecosystem and integrating as many emerging crypto technologies as possible. Some have shot in popularity and become a household name in their niches. 

It has also grown its SOL token prices. For starters, at its peak of $260 in November 2020 - SOL had grown its ICO price by 130000%. This helped it reach and acquire a near-permanent feature among the top 10 most valuable cryptocurrencies. 

Today, the contracting crypto market has seen SOL shed more than 80% of this peak price. But like the rest of A-list cryptos, Solana is well on its path to recovery and is already 50% above its 90-day dip. 

A number of analysts and crypto experts like FTX founder - Sam Fried Bamkman have described Solana as being overly undervalued. They believe that as soon as the next bull run kicks in, Solana seals the several security challenges dogging it, and onboards more strategic collaborators, SOL token prices will embark on their most inspiring accumulation phase yet. 

By 2030, some forecasters believe SOL will have broken above $4500. This implies that by buying SOL today, you could be staring at a 10000% portfolio growth before the decade's turn. 

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

6. ApeCoin (APE) - Newest of the Fastest Growing Cryptocurrencies  

ApeCoin is a relatively new coin and one of the most promising additions to our basket of fastest growing cryptocurrencies to buy. One of the primary reasons we include it is that though it launched at the height of the crypto market contraction, it defied odds by rallying and setting several price records before eventually cooling down. 

And when it launched the Otherside metaverse, it was oversubscribed that it crashed the Ethereum network and sent gas fees to record highs. This is an indicator of ApeCoin’s popularity - which is not surprising seeing that it is closely associated with the all-popular MAYC and BAYC NFT projects. These have been overbought by celebrities and crypto influencers who have been and will continue to be critical in driving up APE coin prices. 

A few other factors informed our decision to feature ApeCoin on this list of fastest growing cryptos to buy today. For starters, it still is in its infancy stages - implying that many of its features haven't been fully priced in. The metaverse, for instance, is still attracting developers and gamers. Not forgetting that ApeCoin developers are also working on launching their own mainnet. 

All these in-network developments, a recovering crypto market, a growing community of supporters, a sustained meme coin frenzy, and a metaverse craze are all expected to continue fueling ApeCoin’s popularity. And by the turn of the decade, we expect APE token price to have rallied by as much as 5700% to reach $400. 

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

7. Uniswap (UNI) - Fastest Growing Decentralised Exchange In the World

Uniswap is the largest and most popular decentralized exchange in the world. It is also one of the fastest-growing decentralized exchanges. Launched in November 2018 and UNI tokens introduced in late 2020, Uniswap has become the most valuable DEX with a peak market cap of $23 Billion and the second largest DeFi project with more than $7 Billion in locked assets. 

Uniswap is also massively popular, having attracted more than 3 million users who traded more than $1 Trillion worth of trades - collectively - on the platform. It has also been integrated into 300+ crypto programs and apps. All these have just helped Uniswap sustain an overall uptrend and even become a near-permanent feature among the 20 most valuable crypto assets. 

These are some of the considerations we put into account when adding UNI to our list of the fastest-growing cryptocurrencies to buy in 2023. 

But is such growth sustainable and should you consider investing in Uniswap? Well, the majority in the crypto community believe UNI is primed for even greater growth. 

To justify this argument, they point to growing privacy concerns among crypto traders/investors who are currently flocking DEXs. They also expect Uniswap to enter into more collaborations, have more investors commit to its liquidity pools, and continue improving on its platform - probably even launching Uniswpa V4. All these will catapult UNI token prices to new heights - possibly above $300 before 2030. 

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

8. STEPN (GMT) - Fastest Growing Play to Earn Crypto 

STEP is the fastest growing cryptocurrency domiciled in the Solana ecosystem. It launched in August 2021, but the IDO for its GMT tokens was held in March 2023, with each token valued at $0.01. A month later, the token price had appreciated by more than 41000% to peak at $4.11 in late April. 

Analysts attribute this stellar price growth to a number of factors, chief among them being the ongoing play-to-earn craze. The fact that STEPN adds a twist to this by marrying P2E and wellness/fitness and introducing a move-to-earn concept turned many heads in the crypto space and attracted a lot of investment. Others attribute this to the expanding Solana network and its integration of NFT technology.

So why should you consider adding STEPN to your base of the fastest-growing cryptos to buy in 2023? Because we are yet to see the best of its value gain yet. Note that GMT launched at the height of a contracting market and still went ahead to rally by more than 40000%. This had most analysts and fintech experts believing the correction was only a reaction to the prevailing market conditions and that it will bolt to unimaginable heights as soon as the crypto market recovery begins. 

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

9. Avalanche (AVAX) - Hugely Promising Ethereum Alternative 

Avalanche has been on a roll since its launch in mid-2020 - which explains its inclusion on our list of the fastest growing cryptocurrencies to buy today. While its ICO closed with each AVAX token selling for $0.5, it had rallied by more than 800% when it hit the open markets two months later.

It then continued with the uptrend throughout 2021 and peaked at $146 in November - more than 3500%+ above its introductory price and 29000% above its ICO price. Like most other cryptocurrencies, Avalanche’s uptrend only turned and corrected downwards in reaction to the contracting crypto market in early 2023. 

The majority of crypto analysts, therefore, argue that were it not for the contracting market, Avalanche would have sustained its spirited uptrend. The ongoing developments within the Avalanche ecosystem, growing partnerships with on/off chain brands, the rising adoption of blockchain technology, and growing community support would continue fueling AVAX’s uptrend. 

In the last 3 months, Avalanche has put a tremendous effort into returning to the 2021 rally. It is currently trading 200% above its 90-day dip. Moving forward, we expect it to resume the late 2021 uptrend and race towards $3000 before the turn of the decade. This confirms why you need to add AVAX to your basket of fastest-growing cryptos to buy today. 

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

10. The Sandbox (SAND) - Fastest Growing Blockchain Gaming Metaverse 

The Sandbox is one of the most popular and the second-largest gaming metaverse. Though the conventional Sandbox game launched in 2012, it was only onboarded to the blockchain as an Ethereum protocol in 2018 and launched the SAND tokens in August 2020. 

In the four years it has been around, The Sandbox has had more than 2 million profiles register with the platform and currently has an average monthly user base of 300000. On the other hand, the SAND token grew its ICO price of $0.008 by more than 105000% to peak at around $8.44 in November 2021. 

The GameFi token then dipped and shed more than 80% of this peak value during the early 2023 market contraction. But it is on a recovery path, having gained more than 200% in the last 2 months. 

And these are the reasons why we feature it among the fastest growing cryptocurrencies to buy in 2023. 

Moving forward, analysts and investors are confident that SAND token prices will recapture 2021 highs and race towards new price records. This, they argue, will be made possible by the onboarding of more players, the introduction of more games, and a revived P2E craze. They also advocate for its inclusion in every future-focused investor’s portfolio of most promising cryptos because they expect its price to rally by 5500%+ and break above $55 before 2030. 

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

Are Cryptocurrencies Worth Investing Today 

Yes, crypto is worth investing in in 2023. A growing number of fintech experts, hedge fund managers, bank executives, and financial advisors are recommending crypto to their clients. These argue that everyone, regardless of their age, should convert not less than 1% of their portfolio into crypto. 

But are the specific factors that make crypto worth investing in today? Here are five:

• Potential portfolio growth: Cryptocurrencies have outperformed every other industry in the last ten years. They are expected to replicate this in the next decade. Some like Bitcoin have grown their and their early investor’s worth by more than a million percent. 
• Diversify portfolio: If for nothing else, buy crypto to diversify your investment portfolio because they have a proven track record. 
• Hedge against inflation: Cryptocurrencies are less susceptible to inflation and economic downturns than conventional assets. Therefore, invest in crypto to hedge against inflation and economic meltdowns.
• Excellent store of value: That cryptos have maintained an overall positive uptrend for the past decade makes them an excellent store of value - far better than Gold. 
• Absolute control over your assets: You may also consider investing in crypto because it is the only investment that gives you absolute control over the asset - especially if you hold these private keys in a personal hardware wallet. 

Where To Buy Fastest Growing Cryptocurrencies

The popularity of the fastest growing cryptocurrencies has seen it list with virtually all the most popular crypto exchanges around. 

Nevertheless, if you want to buy one or several of the most promising cryptos we have discussed above, we recommend getting them on eToro. 

eToro - Best Crypto Exchange To Buy Fastest Growing Cryptocurrencies

eToro is one of the most popular crypto trading platforms in the world. In the recent past, it has become a favourite for most traders and investors because of its user-friendliness. For instance, it has one of the most straightforward client onboarding processes, eases them into a highly intuitive trading interface, supports a wide range of deposit/withdrawal methods, maintains low deposit/trading minimums - at $10, and is transparent in its transaction fees. 

Other factors that endear eToro to crypto traders and investors include its support for a growing number of cryptocurrencies. The exchange is also relatively liquid, fast processing crypto transactions, and integrates a wide range of educational, research, trade, and risk management tools. But even more importantly, eToro integrates social and copy trading tools. 

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

Conclusion - Fastest Growing Cryptocurrencies In 2023

There goes a list of what we consider the fastest growing cryptocurrencies in the world. We acknowledge that there is a plethora of factors that anyone can use to justify the inclusion of most coins on this list. In coming up with this index, though, we focused on how a coin has performed in the past, vetted the sustainability of its underlying blockchain technology/mission, and assessed the sustainability of its current value gain. 

Want to begin buying the fastest growing cryptocurrencies immediately? Start with registering a trader account with the all-popular eToro exchange. Deposit a minimum of $10 and start accumulating preferred coins.

eToro – Best Platform To Buy The Fastest Growing Cryptocurrencies

Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.

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

FAQs About The Fastest Growing Cryptocurrencies In 2023

What is the fastest growing cryptocurrency to buy today?

Cryptocurrencies are always rising and falling, which makes it difficult to track the fastest growing crypto today. Over the last three months, however, the likes of Ethereum, Binance Coin, ApeCoin, and Avalanche have recorded attractive gains. 

Are cryptocurrencies worth buying in 2023? 

Yes, cryptocurrencies have proven their resilience and reliability as an alternative investment. They not only recorded unimaginable gains in the past but have also consistently outperformed virtually all other asset classes. 

Which cryptocurrency will explode in 2023? 

No one can tell with utmost accuracy what crypto will explode in 2023. Our analysis, however, indicates that Ethereum could break into a run after ‘The Merge’ and Bitcoin is also poised to rally, triggered by the Coinbase-Blackrock partnership. 

What cryptocurrency will grow the most? 

All the coins we have discussed above are in their infancy stages and are all expected to post incredible growth in the foreseeable future. 

Which crypto is growing faster than Bitcoin?

At the moment, and as is tradition during a contracting market, most altcoins are outperforming Bitcoin. Three months after they all hit the dip, Bitcoin has only grown its price by 140%, while most altcoins are trading more than 200% above their 90-day dip.

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

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