The best cryptocurrency to invest in in 2023 is Bitcoin (BTC). This is due to its original and largest nature, its limited supply, and its lack of governmental or central bank backing. Currently, Bitcoin is trading at a significantly lower rate than its historical peak, making it an attractive option for those looking to enter the market for the first time.Ethereum is the second largest cryptocurrency in terms of market capitalization, and its network is home to a large number of ‘ERC20 tokens’, all of which are paid in ETH. As the network continues to evolve, Ethereum is expected to experience faster, more cost-effective, and scalable transactions.Lastly, the native crypto token, BNB, should be taken into account. BNB is the largest cryptocurrency exchange in terms of trading volume and is regularly ‘burned’ by Binance, making it a “definitive asset” that can appreciate in value as the tokens are burned.
Polygon Polygon is a super-fast and ultra-efficient layer 2 blockchain, which has already attracted massive institutional investment, including Adidas and Starbucks, and is considered one of the top long-term crypto investments in the world. Chainlink Chainlink is a project that specializes in ‘Oracles’, which are smart contracts that provide offline data to bridge the gap from the blockchain to the real world. Chainlink can be used in almost any industry, from finance to supply chain, insurance, and more. Uniswap Another interesting Web 3-0 cryptocurrency to look into is UNI, which is a native token of some of the world’s biggest decentralized exchanges. UNI (uniswap) allows users to buy and sell, stake and farm different types of tokens across different blockchain networks. It also offers governance, voting rights, and is an investment asset.
ARBITRUM ARBITRUM (ARB) is an Ethereum blockchain layer 2 solution. Once Ethereum-based projects connect to the ARB ecosystem, they will benefit from significantly lower transaction costs and scalability. Wall Street Memes This meme coin has raised more than $25 million during its presale and has gone viral on Twitter and even caught Elon Musk’s attention. It is expected to pump on its IEO launch in late September. eTukTuk This new cryptocurrency is revolutionizing the transportation sector by creating a fleet of sustainable electric tuk-tuk cars that run on the blockchain. Sonik Coin Sonik Coin is a new meme coin that has raised over $750k in two weeks since its presale. It offers a large staking pool with an expected APY of 90% and is based on the Sonic the Hedgehog meme coin.
Launchpad XYZ Web3 platform to provide a broad range of tools and information to help new users onboard and make more profitable experienced investors. Chimpzee A crypto platform that offers a wide range of tools to help investors onboard. Alpha Telegram signals group Recently returned 7,000%, on LINQ Scorpion Casino An online gambling site with a crypto token SCORP Stake SCORP and earn passive rewards Pikamoon Building a play to earn metaverse Socialization, gaming and earning potential Presale raised almost $4m so far. YPredict A trading terminal with a wide range of custom tools Hundreds of data points Exposure to machine learning Predict is a new project that uses predictive models to create smart trading decisions. Environmentally friendly crypto project Planted 20,000 Trees Saved Endangered Animals Campaigns