In this guide, we take an in-depth look at the best new crypto for 2023 touching on what they are, their price potential, and how to buy them today – all with low trading fees.
For the aggressive investor, the wrinkling market and token prices give you an opportunity to stack up the crypto portfolio. But what new coins should you be buying today?
Below is a quick view of the best new crypto coins to invest in 2023. They make it to this list because they have rich fundamentals and a hugely promising future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Reviewing The Best New Cryptocurrency To Buy
In this section, we discuss the best new cryptocurrencies to buy in detail. We explain what they are, why we consider them the best new coin to buy today, look at their past price action, and consider their expected future performance.
So, without further ado, let’s dive in and explore the best new crypto coins this year – some of which could also become the most undervalued cryptos on the market today.
1. Mask Network – Best New Cryptocurrency For Encrypted Social Media Messaging
Mask Network makes it to the list of the best new cryptocurrencies to invest in 2023 for its strong use case. Privacy on social media is a big problem today, and Mask Network has a solution.
Mask Network is revolutionizing the way people communicate online. It provides a secure and reliable way for users to send encrypted messages via popular social networks such as Twitter and Facebook.
By utilizing the existing infrastructure of these major social media platforms, Mask Network allows everyday users to connect across the decentralized network without having to host their servers or navigate complex blockchain concepts.
This bridge between the internet and a decentralized network running on top makes it much simpler for users to keep their communications secure while allowing them to use familiar platforms they already know and love. Demand will rise as more people learn of Mask Network and its potential to help them make the most of social media communication.
It is also notable that Mask Network has amazing tokenomics compared to most new altcoins. Mask Network has a capped supply of 100 million, and 76% of these are already in circulation. This means at its current market cap of less than $500 million; there is much room for growth as the broader crypto market continues to increase in value.
Speaking of potential for value appreciation, Mask Network is trading at a considerable discount compared to its all-time highs. At current prices, Mask Network is off by 92% from its all-time highs. Now that Bitcoin is showing upside momentum and uplifting the rest of the market, Mask Network also stands to benefit.
Even if it were to retest its all-time highs, Mask Network would be highly rewarding to investors. If previous bull markets are anything to go by, the next rally could see altcoins outperforming their last all-time highs. This means Mask Network is a new cryptocurrency with 10X or more potential.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
2. Stacks (STX) – Top Performing New Crypto To Buy Today
Stacks stands out in the list of best new cryptocurrencies to buy now for its strong performance even in the crypto bear market.
Stacks, a first-of-its-kind blockchain project, is reimagining the Bitcoin network by integrating smart contracts and their token economy. Using smart contracts and tokens, users can securely store data and execute transactions on the Bitcoin blockchain as if it were its native layer.
This landmark development will provide more financial power to individuals interested in operating within the growing crypto ecosystem.
Stack's innovative application of smart contracts brings new opportunities to the Bitcoin network while furthering its capacity to introduce groundbreaking technologies that would otherwise be impossible without upgradeable smart contract functionality.
The implications of this move could unlock unprecedented possibilities for user interaction and financial management for both businesses and individuals alike.
Thanks to its potential to make Bitcoin programmable and the fact that the crypto market is still growing, the odds of STX doing well are high. It’s definitely a new altcoin to keep an eye on today.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
3. Conflux – Hot New Altcoin With Chinese Links
Conflux is one of the hot new cryptocurrencies in the market today, and it's easy to see why. Conflux is one of the few cryptocurrencies that have regulatory approval in China. This means Conflux is a layer-1 cryptocurrency with a near monopoly of the Chinese crypto market.
Besides having regulatory approval in China, Conflux has much going for it at the technical level. Conflux’s Tree-Graph consensus algorithm allows throughput and scalability previously thought impossible due to the blockchain's ability to process blocks and transactions in parallel.
As a decentralized, high-performance network powered by this state-of-the-art algorithm, Conflux will significantly impact current and upcoming blockchain environments worldwide.
As more people learn of its capabilities and advantages in the Chinese market, Conflux will continue to look attractive as one of the high-potential cryptocurrencies to invest in today.
4. Toncoin (TON) - Top New Cryptocurrency That Could Rival Ethereum
Across all measurable metrics, we can conclude that Toncoin is the best new crypto coin in 2023 for its scaling capabilities. Toncoin was originally the idea of Telegram, the privacy-focused messaging app. However, the founders abandoned it, and it was taken up by the Ton Foundation, which has done an incredible job growing the network.
Toncoin's architecture shines for its scalability and ability to meet consumer needs. The incredible TPS demonstrated in September 2021 shows the capability of this blockchain technology - with a record-breaking 55,000 TPS - though it's expected that the number could reach higher heights.
What makes Toncoin so unique is its ability to maintain such high speeds as more users join and make transactions on the network. This makes Toncoin perfect for storing and transferring digital assets worldwide. With scalability a key pillar to blockchain adoption, Toncoin is one of the best altcoins to buy now.
Besides, since it is still trading at a discount of 60% from its 2021 highs, it makes sense to buy now. That’s because, as the broader crypto market gains traction, Toncoin price prediction could explode by 100X in value.
5. MultiversX (EGLD) - Best New DeFi Cryptocurrency Leveraging Sharding Technology
MultiversX is another top new cryptocurrency to invest in for its potential in the DeFi ecosystem. That’s because it is designed to be fast and highly scalable thanks to its use of sharding technology.
Sharding is a revolutionary process that simplifies the computational requirements of blockchain organizations by dividing a single network into tiny bits.
The method allows for faster transaction processing, as nodes are responsible for handling only pieces of data instead of complete databases. This drastically improves digital ledger systems' overall speed and performance.
MultiversX is leading the charge in creating an efficient cryptocurrency system thanks to its adoption of Sharding technology. This cutting-edge solution promises to make transactions faster, cheaper, and more secure than ever.
By breaking up data into smaller pieces that are stored over thousands of nodes worldwide, MultiversX can handle up to 15k transactions per second at a fraction of the cost of other digital systems. With an incredible processing ability at only $0.01 per transaction, MultiversX is sure to revolutionize the digital currency industry.
The best part is that MultiversX is still in its infancy and is currently trading at a discount of 91% from its 2021 highs. With the cryptocurrency market showing signs of a rebound, MultiversX price predictions are very optimistic. MultiversX is definitely a leading new altcoin in 2023.
6. GMX (GMX) - Best New DEX Crypto For Zero Price-Impact Trades
As the name suggests, we found that GMX is the best new crypto this year. With the recent collapse of high-profile centralized exchanges, decentralized exchanges are gaining momentum, and GMX is at the forefront of the DEX revolution.
GMX is the perfect platform for all traders looking for low-cost and high-performing trading options. GMX provides both spot and perpetual exchange, meaning you get access to unparalleled liquidity no matter which type of exchange you're looking for.
Moreover, it ensures that all trades are executed at the best possible prices without any price impact. Its innovative design also provides extremely low swap fees and capital efficiency, so users don't have to worry about wasting money on pointless transactions.
The best part is that, like most cryptocurrencies, GMX is currently trading at a discount – off 63% from recent all-time highs. Now that the markets are showing signs of a rebound, there is no doubt that GMX of the most potential new coins to invest in now.
7. Optimism (OP) - Top New Cryptocurrency Helping Scale Ethereum
Optimism makes it to the list of the best new asset for being one of the top Ethereum layer-2 solutions.
Optimism is making waves in Ethereum's growing DeFi space. Through its scaling solutions and an ever-expanding suite of over 97 protocols, Optimism has amassed an impressive $500 million+ Total Value Locked. The most significant contributors to this value are Synthetix, Uniswap, and Velodrome.
What's even more impressive is that Optimism has done this in record time - it usually would have taken twice as much to get such a high level of adoption. As more people look to decentralized finance options, Optimism looks set to maintain its leading position in the industry - something that only a few can claim.
We found that Optimism is one of the top new crypto coin today for its proper decentralized finance options. It is also noteworthy that Optimism is currently trading at a considerable discount from its all-time highs. Optimism is 40% down from its all-time highs. With the market on a rebound, the odds of thousands of percentages in gains are high.
8. Render Token (RNDR) - Best New Cryptocurrency Designed For Creatives
Render is a great all-rounder and is considered one of the best new cryptocurrency in 2023 for a variety of reasons. Render Project is changing the world of graphic design. By building a distributed GPU rendering network on top of the Ethereum blockchain, RNDR is allowing artists and studios to easily access the computing power that often stands in the way of amazing and realistic 3D renderings.
Through their platform, these same studios can connect with miners for GPU power, creating an efficient and powerful resource for creators looking to make beautiful works of art. With RNDR bridging this previously disparate landscape, 3d graphics are being unlocked like never before.
Even with its potential to completely transform the graphic design world, Render Token is currently trading at a massive discount. At the moment, Render Token is trading at a discount of 78% from its all-time high. This makes it one of the best new cryptocurrencies to invest in now ahead of the next altcoin season and bull run.
9. BinaryX (BNX) - Best New Cryptocurrency Taking GameFi By Storm
GameFi is gaining traction as more people turn to decentralized gaming. It is, therefore, not surprising that BinaryX, one of the leaders in that space, makes it to our list of the best new cryptocurrency.
BinaryX helped to pioneer the wave of interest in decentralized derivative trading, and their early success allowed them to expand their scope into developing and offering GameFi services.
This transition has been long in the making, as they noticed the rising popularity of metaverse-style video games and wanted to help streamline the process for developers looking to jump into developing games in this new realm.
With their successful iteration of BinaryX as a full-fledged GameFi platform that provides developers integrative governance offerings, it is easier than ever for Web2 developers to jump into Web3 gaming.
Besides being at the center of a fast-growing aspect of cryptocurrencies, BinaryX is currently hugely undervalued when compared to where it is at its price peak.
It is currently 25% off its most recent highs and, compared to most altcoins, has one of the best price recoveries. If the markets keep showing upside momentum, BinaryX could easily rally by 1000%.
10. Frax Share (FXS) - Top New Cryptocurrency Changing the Stable Coins Game
Frax remains one of the best new crypto in 2023. The Frax Protocol is a breakthrough towards achieving decentralized and algorithmic money. Unlike conventional cryptocurrencies like BTC, this protocol focuses on fractional assets that can scale to meet global demand.
Moreover, it is open-source, permissionless, and relies entirely on the Ethereum blockchain. As such, transactions occur quickly and securely without relying on centralized authorities.
In addition to its scalability, Frax brings its own advantages by providing an automated approach to adjust its value by algorithmically clearing up inflation. Ultimately, Frax Share aims to deal with the issues that have failed algorithmic stablecoins in the past.
However, what makes Frax Share an attractive new cryptocurrency to invest in today is that it is trading at a discount. Frax Share is currently trading 75% off its all-time highs, which means there is much room for growth once the broader market gains traction.
11. ApeCoin (APE) - Overall Best New Cryptocurrency to Buy in 2023
ApeCoin is arguably the most popular of the cryptocurrencies minted last year. And it tops our list of best new cryptocurrencies to invest in 2023 - not only because of the warm welcome it has received from the crypto community but because of its promising future.
Launched in March 2022, ApeCoin is the utility token for two massively popular NFT projects - BAYC and MAYC. The NFTs are overly hyped and closely associated with A-list celebrities, entrepreneurs, and crypto influencers.
These have managed to rally a massive crypto community around ApeCoin whose interactions and interest in the coin have helped it rank among the 40 most valuable crypto assets, list with all the popular exchanges, and sustain an overall positive uptrend in the midst of crypto winter.
Moving forward, the ApeCoin developers are looking to increase the token’s use cases. They started by launching the ‘Otherside’ metaverse and have hinted at launching their own mainnet. All these, plus the growing investor interest in the token as well as a recovering market are expected to trigger a rebound for APE token price in the next few months.
In the next 5 and 10 years, optimists expect APE token prices to appreciate by 560% and 2000% to reach $20 and $70, respectively. And this confirms why ApeCoin is one the best new crypto to buy today.
12. STEPN (GMT) - Best New Crypto to Invest in Offering Move to Earn
GMT is the native token for the wellness, lifestyle and blockchain gaming-focused STEPN protocol. It is also one of the best-performing tokens built on the fast-rising Solana blockchain and these are some of the reasons why it made it to our list of best new cryptocurrencies this year.
STPEN is a blockchain-based protocol dedicated to fitness, wellness, and healthy living. It seeks to revolutionize the $5 Trillion-dollar health and wellness industry with its Web3 and Gamefi tools. Unlike conventional fitness and wellness tools, STEPN rewards its platform users for keeping fit with the GMT tokens.
The attention that the world has paid to healthy living in the recent past may explain the oversubscription to this protocol, the growing investor interest in GMT, the growing STEPN community, and its overall positive ROI of GMT tokens of more than 10000%.
STEPN is expected to continue attracting users to its fitness and wellness platform. The crypto community and investor interest in GMT are also expected to continue rising. And all these, plus a recovering crypto market, Solana’s growing popularity, and increased attention to WEB3 technologies are all expected to help trigger a massive value gain for GMT tokens.
By the turn of the decade, optimists estimate that GMT will be selling for around $5.50. This translates to a 2000% value gain and confirms why you should be adding GMT to your watchlist of the best new crypto to buy in 2023.
13. Solana (SOL) - Top New Crypto for Smart Contract Blockchain
Solana is the fastest growing smart contract platform and, arguably, the most formidable threat to Ethereum’s reign as the most useful blockchain network. Though it has been around for close to two years, we feature it among the best new cryptocurrencies to buy now because its growing ecosystem and promising future.
At its peak in November 2021, SOL token prices were above their ICO price by close to 120000%. Most of these gains can be attributed to the goring Solana ecosystem. In the recent past, Solana developers have launched Web3 programs and apps, successful meme coins, popular DeFi and dApps, metaverses, and even NFTs.
These, plus the fact that Solana is levels above its competitors like Ethereum in terms of gas fees and transaction processing speeds have endeared Solana to developers and brands. This has seen the level of developer activity and both on- and off-chain partnerships grow tremendously in the recent past.
At the time of writing, Solana witnesses 1000+ active monthly developers. It has also had more than 350 crypto projects launched on its network. And moving forward, we expect the level of developer activity to rise. We also expect these projects to grow their user base, all of which will have the effect of catapulting Solana token prices to new heights - hence SOL’s inclusion in our list of best cryptocurrencies to buy today.
By 2025, optimists are confident that SOL will have rallied by more than 400% to reach $50, before scaling further and reaching $220 by the turn of the decade.
14. Polygon (MATIC) - Best New Crypto to Buy for Layer-2 Scaling
Another of the best new crypto coins is Polygon. Polygon is one of the most popular and the most valuable layer-2 scaling protocols that seek to solve the scalability and gas fee challenges facing the Ethereum blockchain. It hopes to increase the network’s competitiveness against the likes of Solana and Cardano, and more developer-friendly. We consider it one of the best new cryptocurrencies to buy today because we expect its value to soar as more brands take advantage of its effectiveness and build on this platform.
In the recent past, for instance, Polygon has grown its ecosystem severalfold. For example, more than 19000+ dApps have been built on Polygon, DeFi platforms like Aave and Uniswap V3, Web3 platforms like DraftKings, and NFT marketplaces like OpenSea have all leveraged Polygon’s efficiency. Big-name brands like Adidas and Prada have also expressed interest in building on Ethereum via Polygon.
Investor interest in MATIC tokens has also soared. This is evidenced by the number of wallets holding MATIC tokens as well as increased funding from reputed crypto-focused venture capitalists like Sequoia Capital and Tiger Global.
Moving forward, we expect more brands to launch on this Layer-2 scaling protocol. This, plus a recovering crypto market, Ethereum 2.0 upgrade, and sped-up blockchain adoption are all expected to catapult MATIC token prices to unprecedented heights. These could help it rally and reach $3.5 by 2025 and further up to reach $15 by the turn of the decade.
15. The Sandbox (SAND) - Best New Crypto for Metaverse Project
The Sandbox integrates three emerging crypto technologies into one i.e. the play-to-earn model, NFTs, and Metaverse. It is a gaming metaverse that lets players earn when they play and interact with one another and sell and trade the land and other items found here as NFTs. The relatively new metaverse has been hugely successful and currently records more than 300,000 active monthly users.
This past success, the integration of the fast-rising technologies, and a promising future are some of the reasons we feature The Sandbox among the best new cryptocurrencies to invest in.
We also liked the fact that The Sandbox has a solid roadmap with a revolutionary outlook. It, for instance, plans to introduce more games to the metaverse. It also seeks to introduce more activities that draw users to the platform, such as hosting virtual concerts. And ultimately, it seeks to transform these metaverses into the largest decentralized social media platform.
The promise of a massively successful Sandbox future has endeared the platform to different brands and a host of investors. Moving forward, we expect more brands and investors to flock into The Sandbox, effectively catapulting SAND token prices to unbelievable heights - which is why we consider it the best crypto to buy today.
By 2025, for instance, optimistic forecasters expect it to have rallied by 400% to hit $1.95 and by as much as 4000% to reach $8.3 in the next 10 years.
16. Shiba Inu (SHIB) - Top New Performing Meme Crypto to Invest in Today
Shiba Inu is one of the most popular and the second most valuable meme currency. Created with the intention of replacing Dogecoin as the most popular crypto, Shiba Inu hit the headlines at the height of the early 2021 crypto market rally when its value soared by more than 5 million percent.
It posted equally interesting gains and made a lot of money for its early investors during the late 2021 mini-market rally. This has the majority of investors convinced that with every market rally, Shiba Inu will make its investors incredulously rich.
To complement the hype that comes with a market rally, Shiba Inu investors have come up with numerous other strategies aimed at increasing use cases for SHIB tokens. This, they hope to achieve by expanding the Shiba Inu ecosystem. For starters, they have come up with the SushiSwap NFT marketplace and a Launchpad for meme coins. They are also actively chasing partnerships with different ecommerce brands and are committed to increasing the burn rate for SHIB tokens.
All these are expected to grow Shiba Inu token prices to unbelievable heights. But we must acknowledge that - and as so many have put it rightly - SHIB cannot burn itself to $1. It is also highly probable that SHIB token prices will never rally to $0.1 or $0.01. But this won’t prevent the meme coin from growing your crypto portfolio exponentially.
17. Shen (SHEN) - One of the Newest Cryptos in the Algorithmic Stablecoin
Shen coin is probably the newest token on this list of the best new crypto to buy. It is the reserve coin for the algorithmic stablecoin - Djed. It is developed in partnership with COTI and is in the alpha testing stage. For easier understanding, SHEN is to Djed, what the fumbled up LUNA was to UST.
While LUNA may have failed, it revealed an algorithmic stablecoin gap in the crypto industry that needs filling. Cardano hopes to fill this with the ultra-secure and peer-researched/reviewed SHEN coin and the Djed stable. By the time Luna collapsed, it had grown its ICO price by more than 14000%.
Today, the majority of analysts and forecasters are confident that with the backing of the ultra-secure Cardano blockchain, SHEN can replicate similar gains during the next bull run. This has helped it feature on most aggressive crypto investors’ watchlists as the best new crypto to buy.
18. Binance Coin (BNB) - Best Exchange-Based Cryptocurrency to Buy in 2023
Binance Coin is the native coin for the Binance Smart Chain. It attributes its popularity to its close association with Binance - the largest and most liquid crypto exchange in the world. BNB’s popularity could also be attributed to its growing use cases both on the exchange and smart contract platform. Away from this popularity and the fact that it is the 5th most valuable cryptocurrency, two factors inform our decision to consider Binance Coin the best cryptocurrency to buy today.
First, the token’s use cases have been on an upward trajectory, especially in fee payment on exchange and as a utility on the smart contract platform. Secondly, Binance has consistently increased the burn rate for BNB coins, which reduces their supply against a growing demand.
Others include the fact the altcoin has proven its resilience by surviving massive crypto crashes and posting a fast recovery. Plus, it is highly liquid and easily accessible.
By 2025, forecasters expect BNB tokens to have grown by about 450% to reach $1090 and by as much as 1900% by the turn of the decade to reach $4600.
19. Uniswap (UNI) - Best New Decentralized Exchange Token to Buy and Hold
Uniswap is not a new crypto coin but it is one of the most popular decentralized exchanges and with a user base of more than 10 million traders. It is also one of the most liquid DeFi platforms - ranked 5th by DeFiLlama with more than $3.3 Billion in total value locked. So far, Uniswap has been integrated in 300+ DeFi programs and apps, which has helped boost the use cases for UNI tokens.
At their peak, UNI tokens were 11000%+ above their introductory price. And while they may have taken the hit from the current market contraction, we expect them to rebound quickly and chase new price records. It has already proven its resilience, which is why we consider it the best new cryptocurrency to buy today.
But we also acknowledge the growing need for privacy and anonymity among crypto investors - which DEXs like Uniswap address. Additionally, Uniswap presents its UNI token investor with a passive income-generating opportunity in the name of liquidity contribution to the Uniswap DEX. These should convince you too to add UNI to your watchlist for the best new crypto to buy.
20. Chainlink (LINK) - Best New Cryptocurrency with High Market Relevance
We feature Chainlink among the best cryptocurrency to buy in 2023 because it promises to be the next big thing in the crypto world. Through its oracle network, Chainlink makes it possible for developers to write safer and more accurate smart contracts by linking blockchains with off-chain data. And its use cases extend beyond Ethereum to every other smart contract platform in the crypto-verse.
The adoption rates for Chainlink and its Oracle technology have been on the rise. It has collaborated with multiple on- and off-chain brands looking to create more accurate and safe smart contracts. Investor interest in the coin has been on a steady rise. And all of these helped the network grow its introductory price by more than 31000% when it peaked in mid-2021.
Moving forward, Chainlink is looking to launch more smart-contract blockchains. Its development team is also looking to make the Oracle network more useful for such emerging crypto technologies as Web3 and NFTs - which would further boost the use cases for LINK tokens.
All these, alongside a sped-up adoption of blockchain technology, are expected to help catapult LINK token prices past $27 by 2025 and as high as $110 by the turn of the decade. And the promise of such gains makes LINK one of the best cryptocurrencies to buy right now.
21. Decentraland (LAND) - Best New Metaverse Token to Buy in 2023
The metaverse is all the rage right now with virtually all investors and institutions looking to buy a slice of virtual land. Decentraland, being the pioneer virtual world has grabbed much of the metaverse investor’s attention. Its popularity has skyrocketed and investor interest from both individual and institutional investors is at its all-time high.
But these aren’t the only reasons why we include MANA on our list of top new crypto to invest in 2023. Over the next few months, the Metaverse is expected to record exponential growth. These, plus a recovering crypto market, and a heightened fascination with NFTs, are all expected to spark a rally for MANA tokens and fuel its value gain over the longer term.
Both fundamental and technical analysis of Decentraland indicates that MANA token prices will recapture the 2021 highs by December 2023 and possibly rally to $20 within the next 5 years.
22. Pancakeswap (CAKE) - Best New Decentralised Exchange Token
CAKE, is the native token for the all popular-decentralised exchange - Pancakeswap. It is the largest DEX on the Binance Smart Chain network and one of the most liquid DEXs around. Currently, there is a heightened push for privacy and anonymity from crypto investors, which has been driving crypto investors towards DEXs in drives. And all these have helped the CAKE token ascend to new price heights.
Given its popularity and the fact that it is hosted on one of the most efficient blockchains, trading activity on Pancakeswap has been swelling. These have helped CAKE report exemplary price action in 2021 and are expected to continue fuelling its uptrend.
Moving forward, a recovering crypto market, as well as growing popularity and use cases for the DEX and CAKE tokens, are expected to ignite the altcoin’s rebound. They will also continue fuelling its exponential growth in future. These make CAKE one of the best crypto to invest in during the current dip.
Tips On Selecting The Best New Crypto
Finding promising new cryptocurrencies to buy is challenging in a market as saturated as crypto. However, you can use some innovative approaches to make the process a lot easier.
Here are some of the most promising approaches to finding new cryptocurrencies worth investing in today.
Follow Crypto News
Being informed about the cryptocurrency market can be an invaluable tool for investors. By keeping up with reputable cryptocurrency news, you can gain insight into new currencies that are just beginning to get noticed and rise in value.
This foreknowledge of the market allows investors to capitalize on the coin sooner and potentially increase their profits due to fewer people being involved at the early stages.
Look Out For Social Media Buzz
Crypto social media platforms, like Reddit and Twitter, are a 'one-stop-shop' for anyone looking to get the latest information on new cryptocurrencies hitting the market.
Whether you're looking for new cryptocurrencies to invest in or want to stay informed on the ever-evolving blockchain technology industry, these forums are arguably some of the best sources for staying up-to-date with all things crypto.
Regarding finding gems in the jungle of cryptocurrency, these social media sites often house posts discussing upcoming Initial Coin Offerings (ICOs) and coins that may need to be more widely followed but possess high potential.
Learning to read whitepapers pays off if you're interested in investing in new cryptocurrencies. Whitepapers are like a prospectus for an ICO or cryptocurrency launch, containing detailed information about the project and its prospects.
Reading these documents can give you insights into what the currency wants to achieve, what technology is being used, and create an overall picture of the importance and utility of any given coin. This can help you make an informed decision about whether or not the currency is worth your investment.
It pays more to invest in new cryptocurrencies based on the strength of its whitepaper than on fancy marketing gimmicks.
Follow Cryptocurrency-Related Discord Groups
Joining a Discord group dedicated to cryptocurrencies is an invaluable way to stay informed on what's happening in digital money.
The best crypto Discord groups are like being plugged into a network of analysts, investors, and entrepreneurs; all focused on the same subject. Subscribing to the right discussions allows daily updates to come straight to you as new information is released.
Plus, joining these conversations and getting acquainted with what's trending will give you a critical insight into where it looks like the best emerging opportunities are opening up, allowing you to get in early without any additional research required.
Discord makes staying in the know even easier. Discord is an asset when searching for the top new cryptos to invest in at any given time.
Scout for ICOs
Investing in new cryptocurrencies through ICO can sometimes be risky, as many of these projects are scams looking to pull easy money from inexperienced investors. However, there is always promise in finding a trustworthy gem in the mix, so dipping into the ICO market can still be very rewarding.
By investing in an ICO, you get in first at the best price point, allowing yourself to exit at a significant profit should the cryptocurrency make it big once it gets listed on an exchange. With research and a keen eye, you can identify these great opportunities that come only with ICOs and potentially reap huge rewards.
So, if you are looking for the best new cryptocurrency to invest in for exponential returns, this could be an excellent time to start checking out ICOs.
How We Rank The Best New Cryptos
As mentioned earlier, buying the best new altcoins is no mean feat. However, it is even harder to rank them based on potential returns once you find them.
The follow-up section gives you the criteria we used to rank the best new cryptos to invest in. This can help you in structuring your portfolio for maximum gains.
The Crypto Use Case
While volatile hype can provide a significant initial boost regarding the prices of cryptocurrencies, the ultimate determinant of whether those prices are sustainable over time is the currency's utility.
We recognize this, which is why we have chosen to rank new cryptocurrencies that offer higher degrees of utility than those with lower usage potential. Those currencies with more practical applications are more likely to remain based on actual value rather than create an inflated bubble with unfounded speculation.
That said, all the cryptocurrencies in the list above all have strong utility. While the strength of their utility may differ, they are all new cryptocurrencies worth investing in 2023 and beyond.
Social Media Hype
When researching what new cryptocurrency to invest in, one should consider the importance of hype.
While having great utility is a strong indicator of long-term success, leveraging the power of social media and community building to generate buzz and FOMO (fear of missing out) can be equally as effective for recognizable, short-term gains.
There are numerous digital coins to choose from, but the best new cryptos to buy and rank well in our list are those with a large and engaged online following. It’s a sign of significant interest in the project, and that’s how 1000% of gains are generated quickly.
Are New Cryptocurrencies Common?
New cryptocurrencies are popping up nearly every day across the globe, with some quickly becoming a hot commodity and disappearing just as quickly.
Despite the dizzying fluctuations of the cryptocurrency market, many continue to join it. Enthusiasm for new developments within the field continues to be a primary driving force in its lean toward rapid expansion.
This continued growth indicates confidence among early adopters of these technologies and that they will remain a force to reckon with in the future. It also means you will always have a high-potential new cryptocurrency to invest in at any given moment.
Is It Worth Investing In New Cryptocurrencies?
If you are still deciding whether to invest in new cryptocurrencies, here are a few reasons to add new cryptos to your portfolio.
Potential For Parabolic Gains
Investing in new cryptocurrencies can be incredibly rewarding due to their potential parabolic gains. That is because cryptos that have just entered the market usually have a low market capitalization, meaning only a slight increase in buying interest can immensely impact the price.
Furthermore, even if the gains are smaller than expected, the upside of investing early in new coins is that costs tend to be low, so losses may be mitigated if things do not go according to plan.
You can reap big when the new cryptocurrency is finally listed on a major exchange. The excitement that comes with such listings significantly increases the potential to reap thousands of percentages in gains, even from a small investment.
Join A Good Community To Expose You To New Opportunities
Investing in new cryptocurrencies can be highly rewarding, and you become part of an exciting and dynamic community. Many cryptocurrency investors pride themselves on spotting emerging opportunities before they hit mainstream markets or become popular investments.
By joining this community, you can access this kind of insight through helpful discussions with other members. You could get in early on new technology and investments, which bring about great growth potential for those who are first to jump on board.
Even in the worst case scenario where some losses occur, being part of a cryptocurrency community gives you a knowledge base from which to make informed decisions about your next moves.
Where To Buy New Crypto Coins
The best new cryptocurrency coins to buy that we have discussed hereinabove are massively popular. They have, therefore, been listed with some of the largest and most popular crypto exchanges in the world.
Investing in the best new cryptocurrency assets has never been easier due to the incredible popularity of these projects with retail investors. Nevertheless, if you are looking to start investing in crypto, we recommend registering an account with any of the following three crypto exchanges:
- eToro - Best place to buy new cryptocurrencies for beginners. Features a highly intuitive user interface, is transparent with fees, and integrates social and copy trading tools.
- Coinbase - Best place to buy new cryptocurrencies instantly. Coinbase is adequately liquid, features the instant buy tool, and maintains a user-friendly interface.
- Binance - Best place to buy new cryptocurrencies at low fees. Binance is the most liquid exchange, supports the widest range of new cryptos and their trading pairs, and insures client deposits.
How To Buy New Cryptos
Want to start buying new cryptocurrencies right away? many of the projects mentioned on our list of new cryptocurrencies can be purchased by eToro exchange – one of the world’s safest and most popular online crypto exchanges:
Here is the step-by-step guide on how to buy any of the new cryptocurrencies we have discussed above on eToro:
Step 1. Register an account
On your browser, open the official eToro website and click on the “Join Now” tab to kick off the account creation process. Complete the user registration form that pops up by entering your basic personal information.
Step 2. Verify identity
To complete the registration process on the multi-regulate crypto trading platform, you will need to verify your identity. Simply upload your government-issued I.D, passport, or driver's license. You will receive the account approval notification via email.
Step 3. Deposit funds
Once the account is approved, log in and on the user dashboard, tap the “Deposit” button. On the funding menu that pops up, you will be presented with a wide range of supported payment options - depending on your country of residence. Choose one method and follow the prompts to complete the deposit.
Step 4. Search for new crypto coins
Back on the user dashboard, click on the “Discover” icon, and on the list of supported asset classes choose “Crypto.” Then proceed to search for the new cryptocurrency that you would like to buy either using the search option or scrolling down the list of cryptocurrencies supported by eToro.
Step 5. Buy a new cryptocurrency
Choose to “Buy” the new cryptocurrency. A trading tab will pop up and you can use it to customize the purchase by indicating the number of coins you wish to buy or the amount you wish to spend on buying the digital currency. Hit the “Open Trade” button to initiate the purchase.
Best New Cryptos – Conclusion
To conclude, this guide has provided an in-depth review of the best new crypto projects on the market today, we have provided you with a list of what we consider the best new coins assets to buy today. We include them here because they have posted stellar price action in the past.
They also have solid fundamentals, which suggests that will continue posting stellar gains for the next few years.
We have also told you where to buy any of these new coins and provided you with a step-by-step guide on how to buy either on the all-popular and multi-regulated eToro exchange.
eToro – Best Platform To Buy New Cryptocurrencies
Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.
FAQs New Cryptocurrency Today
What is the best new cryptocurrency?
There are many new crypto coins out there in the market today, however our analysts and the larger crypto community believe that Toncoin, MultiversX, and GMX are our top new cryptocurrency coins to buy in 2023.
Where to buy new cryptocurrencies today?
Buying new cryptocurrencies is easy today. The crypto industry isn’t short of highly reliable and massively liquid crypto exchanges where you can buy and invest in new cryptocurrencies. Some of our top preferences, however, include eToro, Binance, and Coinbase.
Which new crypto will explode in 2023?
If the market starts its recovery journey in the next few months, we expect Toncoin and GMX new crypto coins to explode and post incredible value gains.
What are the newest crypto coins have the most potential to grow?
Toncoin (TON), GMX (GMX), and MultiversX (EGLD) are some newest cryptos worth watching them. Those new coins have the potential to grow due to their high value potential driven by solid project use cases.
Which new cryptocurrency is the best long-term investment?
A significant number of the new cryptos we have discussed above have proven the sustainability of their blockchains. This makes them the best new cryptocurrencies to buy and HODL and they include Solana, Polygon, Chainlink, The Sandbox, Binance Coin, GMT, and even Shen.
How do you find new cryptos?
You can find new cryptos via several ways. Firstly, reviewing this article, our researchers and analysts cover new crypto coins in the market and add the best new potentials to this list. Another way to find new cryptos is by reviewing reputable social media channels and watching Youtube videos.
What new crypto coins are coming out this year?
Some of the most promising new crypto coins are coming out this year are Render Token, BinaryX, and Optimism.
Which new crypto Is going to boom?
Thanks to its monopoly in the Chinese market, Conflux is likely the crypto that will boom in the next bull run.
What is the next big crypto 2023?
Stacks is gaining traction thanks to its power to make Bitcoin programmable. For this reason, it is the next potential big crypto in 2023.
What is the newest crypto to buy?
TonCoin is the newest cryptocurrency on the market today. It has a lot of potential as one of the top altcoins that could rival Ethereum.