
15 Best Altcoins to Invest in 2023
- Wall Street Memes (WSM) – Our top pick and the overall best altcoin to buy right now is Wall Street Memes. This trending cryptocurrency is behind thousands of viral memes – viewed by more than 40 million each month. Its memes have even been commented on by the world’s richest person – Elon Musk. Best of all, Wall Street Memes is currently in presale – so early investors can buy WSM tokens before they are listed on exchanges. More than $25 million has already been raised.
- Sonik (SONIK) – This cryptocurrency is a meme coin ‘pureplay’. Sonik is looking to follow in the footsteps of Shiba Inu, Pepe, and other successful meme coins. It’s based on the popular video game character, Sonic The Hedgehog, which is likely to attract speculative meme coin investors. So far, the Sonik presale has raised over $660,000 – which is approximately a third of its fundraising target. After the presale, Sonik aims to surpass a market capitalization of $100 million.
- Launchpad XYZ (LPX) – Launchpad XYZ helps clear the mist when choosing the best cryptocurrencies to invest in. Its AI-driven insights recommend coins that could be about to witness huge growth. It recently secured gains of over 29x on Elon 2.0 and 11x on Wagie Bot. Launchpad also offers premium members access to exclusive NFT and presale listings, not to mention fractional assets. Launchpad XYZ is a new altcoin that is currently in presale – raising nearly $1.5 million so far.
- yPredict (YPRED) – This altcoin project is building a decentralized marketplace that sells data insights and signals for cryptocurrency investors. Its predictive models are developed by quants and data scientists and backed by AI and machine learning. This self-sufficient project has a subscription-based model that requires payment in YPRED tokens. YPRED, native to yPredict, is currently in presale and has raised over $3.6 million. There is a 20% presale discount available.
- Chimpzee (CHIMPZ) – With over $1.2 million raised in presale funding, this altcoin project is trending with environmentally conscious investors. Chimpzee proves that it’s possible to combine investment goals and climate change initiatives simultaneously. It has many green projects in the pipeline, helping to save endangered animals and reduce deforestation. Chimpzee’s native token, CHIMPZ, will be listed on exchanges nearly 95% above its current presale price.
- Scorpion Casino (SCORP) – Online gambling is currently being revolutionized by cryptocurrencies – and Scorpion Casino is at the forefront. It has built a comprehensive casino suite and sportsbook that offers anonymous and fair gambling accounts. Scorpion Casino also has a native token, SCORP, which is currently being sold at presale prices. An immediate presale upside of nearly 200% is available, not to mention up to 40% in free casino chips.
- eTukTuk (TUK) – Green investors will also find that eTukTuk represents an attractive long-term investment. It’s creating a sea-change in Asia and Africa by building a network of electric tuk-tuks. This will reduce carbon emissions, create local jobs, and make driving more affordable. Its ecosystem token, TUK, can be used when accepting payments from tuk-tuk customers. TUK is also the project’s investment token. A 40% discount is still available for early presale investors.
- Stellar (XLM) – Established companies like IBM and MoneyGram see the potential in Stellar, both of which are using its blockchain for cross-border payments. It takes seconds for a Stellar transaction to confirm, costing a tiny fraction of a cent in fees. Stellar’s native token, XLM, has a market capitalization of over $3 billion. XLM is trading 87% below its prior all-time high. This represents a solid entry point for long-term investors.
- Uniswap (UNI) – Uniswap is a popular decentralized exchange built on the Ethereum network. It also supports cross-chain token swaps, including Binance Smart Chain, Avalanche, and Polygon. Uniswap is also popular for earning passive income – it supports liquidity pool farming. UNI, the project’s government token, is trading at huge bear market discounts. Currently, UNI can be bought almost 90% below its all-time high.
- Chainlink (LINK) – Chainlink is a top-rated altcoin that serves smart contract platforms. It provides off-chain data to blockchains through ‘Oracles’. This means that smart contracts can now be deployed and executed based on real-world information. For instance, an insurance company can automatically payout to a commodity trader based on adverse weather events. LINK tokens are the only way to gain exposure to Chainlink – which are priced almost 90% below all-time highs.
- Ethereum (ETH) – Some of the most successful blockchain projects are built on the Ethereum network – supporting its position as the world’s second-largest cryptocurrency. This creates demand for its native infrastructure token, ETH. Crucially, network fees are paid in ETH when smart contracts are deployed. ETH has performed well in 2023, but it’s still over 65% below its prior all-time high. As such, this is another altcoin that offers an attractive discount.
- KuCoin Token (KCS) – Not only is KuCoin one of the largest crypto exchanges for trading volume – but it also has its own ecosystem token, KCS. This offers exposure to the growth of the KuCoin exchange, which is already used by over 29 million people. In addition to spot trading, KuCoin supports cryptocurrency derivatives, savings accounts, staking, and lending. When compared to its all-time high of $28.80, KuCoin Token is currently trading at a discount of almost 85%.
- Aave (AAVE) – Aave is a pioneer of decentralized finance. Its innovative platform connects borrowers and lenders in a safe and anonymous ecosystem. Investors can earn attractive APYs when lending their idle cryptocurrencies. For instance, Tether and USD Coin are currently yielding 6.35% and 4.90%, respectively. AAVE, the project’s native altcoin, can be staked at an APY of 6.88%. AAVE offers the potential for long-term appreciation – it’s trading 90% below its all-time high.
- Solana (SOL) – Shrewd investors are loading up on Solana – which is one of the fastest, cheapest, and most scalable blockchains in the market. It has a block confirmation time of just 400 milliseconds and an average transaction fee of $0.00025. Solana is also energy-efficient, with its blockchain having a 0% net carbon impact. Due to broader bear market conditions, Solana is trading over 90% below its all-time high.
- Polygon (MATIC) – Launched in 2019, Polygon is a layer 2 solution for the Ethereum network. Its native token, MATIC, has grown by over 12,000% since launching. However, MATIC is currently trading 80% below its all-time high. Should MATIC return to bull market levels, this offers an upside of 420%, based on current prices. The Polygon ecosystem is used by 214 ERC20 tokens, including Chainlink, Aave, Dai, Decentraland, Render, and Curve.