Best Crypto to Buy Now
As more individuals and businesses than ever before participate in the emerging digital asset economy, investing in cryptocurrency has become a mainstream activity. With so many different options to choose from and prices fluctuating widely, it can be hard to know which ones represent the best value. Fortunately, we are here to help you navigate the complex world of digital assets and break down which cryptocurrencies offer considerable potential at current market values.
Read on for our top picks of the best crypto to buy now!
This article does not constitute investment advice. Before making a decision to invest in a crypto project (especially the new ones which haven’t had a chance to prove themselves), we urge you to do your due diligence: look through the official pages of the project, explore some reliable information resources, read independent reviews of the project, and of course, never invest more than you can afford to lose.
What Is Cryptocurrency?
Cryptocurrency is a form of digital money that gives users control over their own finances. It is not tied to a central bank or government and enables secure and anonymous transactions that don’t require a middleman.
Cryptocurrency works by using advanced encryption technologies that allow it to exist in its own network of computers. These computers work together to verify each transaction conducted with extra layers of security and anonymity. Since it’s completely virtual, there is no physical money exchanged, which means you can make purchases with cryptocurrency wherever it’s accepted as payment.
With more people beginning to rely on digital forms of payment, cryptocurrency could be the new standard in our ever-changing world economy.
Best Crypto to Buy in 2023
2022 was a rough year for the crypto market. The market valuation of the sector has fallen by two-thirds, and most currencies have lost between 70% and 90% of their peak prices.
However, these turbulent times also offer a great opportunity to expand your cryptocurrency investment portfolio. The cryptocurrency markets are at levels they haven’t seen in years, making the greatest crypto assets available at exceptionally low prices.
In this part, we outline our top picks for the best cryptocurrencies to invest in for growth and discuss their advantages. So, do you wanna get ready for the next crypto market rally? Let’s get going!
Maker (MKR)
What is Maker?
In essence, MakerDAO is a DeFi giant and a decentralized peer-to-peer organization that focuses on creating technology to make it easier to store, borrow, and lend money.
How does Maker work?
MakerDAO provides depositors with the opportunity to earn interest on DAI stored in the DAO’s bank. Dai tokens are held in a DSR (DAI Savings Rate) contract and continue to yield Dai based on the DSR interest rate.
Reasons why you should buy MKR
MakerDAO is launching Spark Lend — a lending service that will compete with Aave, one of Ethereum’s biggest decentralized finance (DeFi) solutions. According to a statement on the MakerDAO forum, Spark Lend will become the first product of Spark Protocol, a fork of Aave’s version 3 (v3). It will function as a front-end application that enables users to interact with DAI (a stablecoin developed by Maker Foundation) through borrowing, lending, and staking. The news has already pushed up the token’s price, and if the launch of the platform turns out to be successful, it will undoubtedly reflect well on the price of the MakerDAO token (MKR).
yPredict (YPRED)
What is yPredict?
yPredict is a new crypto project developing trading and investing solutions. The platform offers three primary features: a crypto marketplace, trading tools, and revenue-sharing pools.
How does yPredict work?
yPredict intends to bridge the gap between cryptocurrency market participants and data-driven insights, helping the former overcome the challenges of the increasingly complex financial sector. yPredict.ai’s ecosystem brings together insights from traders, investors, financial advisers, and AI/ML experts to offer its consumers the most thorough and precise financial information. It incorporates analytical tools, forecasting platforms, and indicators to support users in making wise trading and investment decisions.
Reasons why you should buy YPRED
yPredict has a lot of potential as a platform that offers sophisticated yet incredibly simple-to-use features. That gives its native token a chance to increase in value in the future.
Mina Protocol (Mina)
What is Mina Protocol?
Formerly known as Coda Protocol, Mina Protocol is a project that develops a very lightweight blockchain with many use cases, including the creation of decentralized applications. In the ecosystem, these applications are known as zkApps.
How does Mina Protocol work?
Mina, the world’s lightest blockchain with a size of just 22KB (that’s the size of a couple of tweets!) as opposed to Bitcoin‘s 300GB, is made to host dApps smoothly. While the protocol’s native coin, MINA, serves as a utility currency and a means of exchange, native verification on the blockchain is made possible via zk-SNARKs. Verifiers, block producers, and snarkers — these are just a few user roles that handle certain tasks on the network, which results in a robust economy that is continuously expanding and improving.
Reasons why you should buy MINA
In the future, zero-knowledge technology is likely to be a major trend in the cryptocurrency and blockchain industries, and Mina Protocol may be well-positioned to benefit from it. Additionally, the Mina blockchain’s lightweight architecture makes it simpler to join the network, which is important for mobile devices in particular. Due to this, Mina might be a strong candidate to be one of the next cryptocurrencies to explode.
RobotEra
What is RobotEra?
RobotEra is an intriguing metaverse project that offers a variety of methods to make money while allowing you to freely create a world as infinite as your imagination. The core concept behind RobotEra is a community-centered initiative where users participate in the development, construction, and discovery of NFT assets for trading within the existing community.
Players can interact with one another and share their unique virtual world experiences through RobotEra’s “shared multiverse” feature that lets users connect with other worlds.
How does RobotEra work?
Players can enjoy earning prizes while they explore the virtual world, Taro, and engage in resource mining, metaverse exploration, and robot companion creation. Additionally, users can increase their earnings by growing sacred trees, exchanging in-game NFTs, promoting their brands, and using staking capabilities.
Holders of the TARO token can commit their TARO in exchange for voting privileges, acting as a form of governance.
? We kindly remind you to do your own research (DYOR) before investing in any asset. What instruments can be used in your research? YouTube videos from experts, reviews and assessments from the community, social media like Twitter, Reddit, TG channels, etc. The security of your funds is your responsibility! DYOR to outsmart the scammers!
Reasons why you should buy RobotEra
Cutting-edge metaverse project RobotEra (TARO) may be what you’re searching for if you’re after the cryptocurrency with the most potential. RobotEra provides new cryptocurrency users and investors with an opportunity to grab its native token, $TARO, for $0.02, which makes RobotEra the cheapest metaverse project to join.
The RobotEra presale started on November 11, 2022. At this rate, it might be over as early as the first quarter of 2023. The presale has been very successful thus far, driving up demand and the price for the tokens.
Big Eyes Coin (BIG)
What is Big Eyes Coin?
Big Eyes Coin (BIG) is a brand-new meme coin that uses the proof-of-stake consensus mechanism and is built on the Ethereum blockchain. This currency aims to be more than just a meme coin: Big Eyes Coin aspires to actively support the environment by contributing to organizations that promote ocean conservation in addition to reducing carbon emissions and energy use.
How does Big Eyes Coin work?
Big Eyes, just like the majority of other “meme coin” projects, doesn’t highlight the token’s use beyond speculative purposes. Due to this, the Big Eyes price may mostly depend on how well the project draws in and keeps a sizable community and how well it promotes itself via publicity stunts.
Aside from that, the project’s roadmap also includes a number of decentralized finance (DeFi) solutions made specifically for BIG token users. For instance, the project team intends to introduce a platform for token exchange as well as a bridge for transferring tokens between various blockchain platforms. This strategy is applied by other meme currencies, particularly by Shiba Inu (SHIB).
Reasons why you should buy Big Eyes Coin (BIG)
The cat-themed meme coin is now in the presale stage, which gives early investors a chance to purchase the new token below its market value. Pre-sale tokens can be a great way to participate in a project early and possibly gain long-term advantages.
Having fun with this article? Join our weekly email right away if you’re interested!
Best Web 3.0 Crypto Coins to Buy
A new generation of cryptocurrencies called web3 cryptos is dedicated to realizing the decentralized web3 concept. In order to give consumers control over their data and enable transactions without intermediaries, they combine blockchain technology with smart contracts. Web3 tokens provide unique use cases by exploiting decentralized protocols.
Here’s the list of web3 crypto coins with the most potential for 2023.
Filecoin
What is Filecoin?
Filecoin (FIL) is a blockchain project developing a decentralized storage network.
Designed to work seamlessly with Web3 and DeFi protocols, Filecoin makes permanent data storage truly and fully decentralized.
The network, which supports organizations and projects in finding affordable, decentralized, and secure data storage solutions, is powered by a large variety of storage providers and developers.
How does Filecoin work?
Filecoin’s blockchain is built on the base technology of its parent project IPFS — a decentralized peer-to-peer network for file storage that lets users run their own nodes and store files anonymously.
Additionally, network users can generate more tokens and obtain transaction fee discounts by providing the Filecoin network extra storage.
Reasons why you should buy Filecoin
Filecoin has the potential to help millions of people looking for decentralized digital storage space: up until now, there hasn’t been a mechanism to entice individual IPFS nodes to allow others to utilize their space. The project capitalizes on transparency and open market provided by blockchain technology — something you would never obtain from centralized organizations.
The Graph (GRT)
What is the Graph?
An open-source software named the Graph is used to gather, process, and store data from multiple blockchain apps to make it easier to retrieve information.
The Graph’s goal is to assist programmers in using pertinent data to boost the effectiveness of their decentralized applications.
How does The Graph work?
In order to enable any application to make a query to its protocol and obtain an instantaneous response, the Graph gathers and analyzes blockchain data before storing it in multiple indexes, known as Subgraphs.
So-called indexers and delegators — Graph users who offer network services — assist in processing the data and transferring it to end users and applications.
Data security within the Graph’s network is guaranteed by the use of its own cryptocurrency, GRT. Any user, whether they are delegators, curators, or indexers, must stake GRT to fulfill their responsibilities and get payment from the network.
Reasons why you should buy GRT (The Graph token)
According to some researchers, the Graph became an essential part of the DeFi infrastructure: popular Ethereum dApps like Aave, Curve, and Uniswap already employ this decentralized blockchain network.
Oryen Network (ORY)
What is Oryen Network?
Oryen provides a distinctive auto-staking function known as Oryen Autostaking Technic (OAT). OAT is a practical choice for investors who want to increase the value of their cryptocurrency holdings because it enables the automated compounding of rewards on an hourly basis.
How does Oryen Network work?
Thanks to OAT, rewards can be automatically compounded on an hourly basis. Additionally, Oryen has created an RFV wallet that supports yield payouts even in difficult market circumstances.
Reasons why you should buy ORY
Recently, Oryen had an amazing 320% price increase. It is anticipated that Oryen will continue growing and becoming more profitable as more people learn about the Oryen Network and its rich features. The long-term goal of Oryen Network is to establish ORY as a widely accepted, reliable digital currency that can be utilized across many platforms and network chains.
The community on Reddit has been very vocal in its praise of the Oryen Network, and for a good reason — ORY has shown an annual percentage yield (APY) of 90%.
The Hideaways
What is the Hideaways?
The Hideaways is the first platform in the world for investing in luxury real estate, enabling you to fund a professionally managed portfolio of opulent homes throughout the globe.
How does the Hideaways work?
The Hideaways provides exclusive real-world ownership of fractionalized NFTs (which are sold for HDWY tokens), all of which are supported by genuine high-end real estate. In order to achieve their goal of offering users complete transparency, they have partnered with significant real estate and accountancy businesses.
Reasons why you should buy HDWY
With a predicted growth of 20,000% by the end of 2023, the Hideaways might be among the cryptocurrency market’s biggest gainers during the next bull run.
Additionally, the liquidity of HDWY would be closed off for 999 years, according to the project’s developers. This is a great move to reassure investors when the crypto market is volatile.
Ethereum Name Service (ENS)
What is ENS?
The Ethereum Name Service, or ENS, enables users to generate a single pseudonym that can be used for all of their public addresses and decentralized websites. This solution serves to simplify cryptocurrency and decentralized financial spaces. As opposed to long illegible strings for each crypto address, users are given a single ENS domain (for example, “Madison.eth”), where they can receive any type of crypto and NFTs.
How does ENS work?
ENS is built on two Ethereum smart contracts: the ENS registry and the resolver. The first stores the crucial information about each registered domain, and the latter converts the domain names to machine-readable addresses and vice versa.
Reasons why you should buy ENS
In a nutshell, Ethereum Name Service is a web3 replacement for Domain Name Service (DNS). ENS provides a decentralized substitute for the conventional DNS used by the Internet, eliminating the dangers posed by its single point of failure.
MetaBlaze (MBLZ)
What is MetaBlaze?
Blockchain-based gaming start-up MetaBlaze has combined components of both GameFi and DeFi to create a productive ecosystem made out of well-liked web3 technologies. This play-to-earn game boasts a universe filled with brand-new worlds to conquer in player-versus-player fights, top-notch 3D graphics, and exclusive content.
How does MetaBlaze work?
Players experience an epic story that unfolds over a number of engaging and rewarding games. What makes the project unique is that users can earn Solana, Binance Coin, Ethereum, and other cryptocurrencies.
Reasons why you should buy MBLZ
Renowned blockchain analytics company CertiK listed MetaBlaze as one of the “Top 10 Most Watched” cryptocurrency projects, and it was chosen as the best cryptocurrency presale of 2022. MetaBlaze is anticipated to usher in the third generation of cryptocurrency gaming. The company has the potential to create a crypto-gaming ecosystem that might serve as a blueprint for the industry.
Lucky Block (LBLOCK)
What is Lucky Block?
Lucky Block is a blockchain-based online lottery platform that aims to make gambling completely transparent, fair, and safe. Despite being only a little over a year old, Lucky Block has established a solid following in the market because of its compelling challenges and games.
How does Lucky Block work?
All of the popular casino games, such as slots, poker, live casino, and table games, are part of the full-featured service. Customers can wager on 35 sports in total, including 15 eSports, such as League of Legends, Counter-Strike, and Arena of Valor.
? We kindly remind you to do your own research (DYOR) before investing in any asset. What instruments can be used in your research? YouTube videos from experts, reviews and assessments from the community, social media like Twitter, Reddit, TG channels, etc. The security of your funds is your responsibility! DYOR to outsmart the scammers!
Reasons why you should buy LBLOCK
The substantial market importance of the online gaming sector and Lucky Block’s unique blockchain-based features provide LBLOCK tokens with significant growth potential in the upcoming months. As the platform gains more users, it is expected to soar.
Crypto SNACK
What is Crypto SNACK?
SNACK is divided into three distinct brands: Snack Token, Green Snack, and Snack Gaming. Crypto SNACK (SNACK) is the Binance Smart Chain’s first specialized token for iGaming, eGaming, and eCommerce, with specific ties to the gaming sector.
How does Crypto SNACK work?
The goal of Crypto Snack is to open up the world of digital money to everyone by providing access to DeFi projects and dApps. Token users can diversify their cryptocurrency assets thanks to hassle-free cross-chain token swaps.
Reasons why you should buy Crypto SNACK
The utility token SNACK bridges the gap between the online and offline worlds by focusing on the community and transparency. The project team is very sure that Crypto SNACK will soon be the main cryptocurrency used worldwide in iGaming platforms.
Best DeFi Crypto to Buy
Decentralized Finance (DeFi) projects have been an important part of the cryptocurrency movement, aiming to bring all financial instruments to the blockchain. Many believe DeFi will revolutionize the world of finance by making traditional banking services, such as borrowing and lending, accessible to anyone with a digital wallet.
Since participants record their trade directly on the public ledger, this new way of handling financial transactions would increase transparency and eliminate intermediaries.
Here’re the DeFi tokens with the most potential for 2023.
DeFi Coin (DEFC)
What is DEFC?
DeFi Swap is a recently introduced decentralized exchange that provides a wide selection of cryptocurrency-focused goods and functions. The native currency of the DeFi Swap DEX is DeFi Coin (DEFC), which was introduced in 2021.
How does DEFC work?
DEFC uses the Binance Smart Chain and supports the protocol to fulfill its decentralized finance-related objectives.
Reasons why you should buy DEFC
DEFC had a 40x bull run in 2021: its price went from $0.1 to $4. Some crypto users are sure that DEFC can become the next DeFi coin to explode.
Uniswap (UNI)
What is Uniswap?
Uniswap (UNI), one of the largest cryptocurrency exchanges, is among the crypto assets you should watch in 2023
Uniswap is a decentralized cryptocurrency exchange that executes trades using a series of smart contracts (liquidity pools). The protocol is supported by the Ethereum blockchain.
How does Uniswap work?
Uniswap does not adhere to advanced trade engineering conventions — it operates without an order book. The use of the Constant Product Market Maker Model as an assessment method distinguishes Uniswap from other DEX platforms.
Reasons why you should buy UNI
In recent years, the Uniswap platform has become a popular destination for those interested in cryptocurrencies and decentralized finance. The secret to Uniswap’s success is the platform’s user-centric policy and continuous improvement.
Terra LUNA Classic (LUNC)
What is LUNA Classic?
LUNA Classic (LUNC) is the original Terra LUNA blockchain’s native token.
How does LUNA Classic work?
A decentralized, open-source, and publicly accessible blockchain technology called Terra Classic uses a proof-of-stake consensus algorithm to support stablecoins (which are usually backed by fiat currencies like U.S. dollars), which enables people to make easy international transfers. LUNA Classic (LUNC) helps stablecoins within the Terra ecosystem maintain their prices and avoid high volatility.
Reasons why you should buy LUNC
LUNC is currently surrounded by a lot of uncertainty. The project is really ambitious, and its goal is great, but it’s not apparent how it will affect the LUNA token specifically. There are many crypto analysts who believe 2023 may become a great year for LUNC. Should this come true, it will set a precedent for a failed crypto’s comeback and growth.
Yearn.finance
What is Yearn.finance?
Yearn Finance is a set of Decentralized Finance (DeFi) solutions that offer blockchain services like lending aggregation, yield generation, and insurance.
How does Yearn.finance work?
Yield farming, where users lock up their crypto funds in a DeFi protocol in order to create interest (typically in the form of crypto), is how Yearn.Finance generates the majority of its activities. The Yearn.Finance platform is controlled and governed by the platform’s native ERC-20 token YFI.
Reasons why you should buy YFI
Yearn.Finance has the singular ambition to simplify DeFi investment and related activities like yield farming to make them more approachable. New features are constantly being released on the platform to maintain its long-term value, among other things.
Best Layer 2 Coins to Buy
Layer 2 is an overlooked but integral part of cryptocurrency and blockchain technology. It is the second layer of the protocol, which runs on top of the main blockchain network.
What is Layer 2?
Decentralization, security, and scalability — these 3 features (also called “the blockchain trilemma”) are not all accomplishable at the same time. For example, Ethereum can only effectively deploy two out of these three properties. That’s why it needs a little help with scalability from side projects.
Layer 2 allows for enhanced scaling and speed through solutions such as sidechains, payment channels, and lightning networks. Layer 2 solutions help to facilitate bigger transaction throughput and accelerate transaction speed while reducing transaction fees and eliminating the burden on the main blockchain. Thanks to layer 2 solutions, crypto networks can process hundreds or even thousands of transactions per second without compromising security or decentralization.
Polygon (MATIC)
What is Polygon?
Previously known as the Matic Network, Polygon is an Ethereum layer 2 scaling solution that seeks to offer a variety of tools to increase the speed, lower the cost, and simplify transactions on blockchain networks.
How does Polygon work?
With numerous sidechains, Polygon constitutes a multi-level platform that intends to scale the Ethereum blockchain by unclogging the main platform in an efficient and effective way.
Reasons why you should buy MATIC
Those who believe in layer 2 solutions for enhancing the Ethereum Network may also look to purchase Polygon’s native token, MATIC, and include it in their portfolio. Here’s our Matic price prediction.
Optimism (OP)
What is Optimism?
Optimism is another layer 2 scaling solution for Ethereum, which contributes to the reduction of gas fees and transaction times on the Ethereum blockchain.
How does Optimism work?
Optimism processes transactions outside of the Ethereum blockchain while utilizing Ethereum’s infrastructure. During a transaction, Optimism communicates with Ethereum’s layer 1 to ensure that it continues to provide the highest level of security and decentralization guarantees. layer 1 is in charge of security, decentralization, and data availability, whereas layer 2 is in charge of scaling.
Reasons why you should buy OP
Optimism is supported by a strong team, a sizable community, and a number of devoted investors. Many experts do not doubt that OP will achieve its goal of dominating layer 2 scaling for Ethereum far sooner than anticipated if there is another bull run.
Starkware (STRK)
What is Starkware?
Israel-based company Starkware creates L2 blockchains for Ethereum using zk-STARKs for computational security. The founders of ZK-STARK and Zcash’s founding scientists created StarkWare in 2018. Its two solutions, StarkEx and StarkNet, intend to increase blockchain scalability and privacy.
How does Starkware work?
StarkWare has created a unique instrument — zk-STARKs — that enables one party to show to another that it is in possession of specific information without having to divulge the information itself.
Reasons why you should buy Starkware
In addition to its innovative technology, StarkWare has drawn significant attention because of its employees, investors, and advisers, one of them being Vitalik Buterin himself.
Loopring (LRC)
What is Loopring?
Loopring’s goal is to give programmers the tools they need to build order book-based, non-custodial marketplaces on the Ethereum blockchain.
How does Loopring work?
Loopring uses zero-knowledge rollups to enable exchanges to build on top of it rather than processing transactions directly on Ethereum, avoiding the sluggish transaction speeds and high fees associated with Ethereum exchanges. Loopring charges a transaction fee of 0.25% for each swap and has the ability to process up to 3,000 TPS (transactions per second).
Reasons why you should buy Loopring LRC
LRC is a tested currency with a solid market cap. Check out our LRC price prediction here.
Metaverse and NFT Crypto Projects
Metaverse and non-fungible tokens (NFTs) are two buzzwords in the crypto world that have been gaining traction lately. Metaverse projects are virtual universes that allow users to create, buy, and sell content, while NFTs are digital assets with immutable records of ownership that exist on blockchain networks.
Both NFTs and metaverses open up new possibilities to interact with virtual worlds and digital content by providing real-world incentives such as tradable assets and unique experiences.
Crypto projects utilizing metaverses and NFTs will continue to be at the forefront of innovation within the industry, so it’s worth keeping an eye out for what’s next.
Quint (QUINT)
What is Quint?
Quint is a recently announced cryptocurrency project set to bridge the gap between the real world and the metaverse.
How does Quint work?
In addition to the NFT marketplace, DeFi services, and other things, its decentralized ecosystem provides “Super-staking Pools” with tangible returns: luxurious prizes, exclusive lifestyle benefits, and real-world rewards.
Reasons why you should buy QUINT
QUINT, the flagship token of the Quint Ecosystem, is a first-of-its-kind token with unique real-world incentives and tangible asset creation.
The Sandbox (SAND)
What is The Sandbox?
The Sandbox is a metaverse and a gaming ecosystem developed by Pixowl on the Ethereum platform. Creators can produce, distribute, and trade in-world assets in the decentralized, community-driven virtual world.
How does the Sandbox work?
The Sandbox metaverse is the only one of many blockchain-based virtual worlds seeking to alter the dynamics of the gaming industry and compensate creators for the value they provide through user-generated content. In the Sandbox, users’ in-world creations are completely theirs to own.
Reasons why you should buy the Sandbox
The Sandbox and its partners are laying the groundwork for a brand-new gaming industry in which metaverse users control the results of their creative labor and are compensated for the significant value they provide for platform operators.
Metacade (MCADE)
What is Metacade?
Boasting a variety of casual and competitive gaming experiences across a selection of games, Metacade aims to grow into the largest on-chain arcade. Every game in the Metacade is going to have earning mechanisms that will give players MCADE token rewards for completing stages and moving forward in each game.
How does Metacade work?
The goal of the Metacade project is to establish a single hub for all things GameFi. According to the development team, players will have access to a wide variety of P2E games and will be able to start earning MCADE tokens as soon as they sign up for the platform.
The innovative Create2Earn concept is a crucial effort to promote community involvement: users will receive MCADE tokens in exchange for their participation in the community, which can take the form of providing knowledge, reviewing games, and connecting with other users. Through its another key feature, the Compete2Earn function, the Metacade plans to give gamers the option to test their skills when competing against other gamers from all over the world.
Reasons why you should buy MCADE
The MCADE token presale is creating waves in the GameFi market and might result in significant rewards for early investors, making Metacade (MCADE) the greatest cryptocurrency to invest in during 2023.
Enjin (ENJ)
What is Enjin?
Enjin is a piece of software that enables developers to build and operate digital assets on the Ethereum network. Each newly created asset can be altered to meet the target platform and is documented in a smart contract. Due to this approach, assets are enhanced with the benefits of cryptocurrencies, such as speed, cost, and security.
How does Enjin work?
Enjin’s primary application is managing and storing virtual items for video games. The system was specifically designed with gamers in mind because blockchain technology may make it possible for digital property ownership to be verified, which is a beneficial feature for in-game items.
Reasons why you should buy Enjin
Enjin gives in-game items real-world liquidity, opening the door for gaming systems driven by blockchain and cryptocurrencies as well as gamified real-world environments. Enjin’s strong use case and the token’s inherent scarcity produce a fantastic value proposition for the project as a whole.
ApeCoin (APE)
What is ApeCoin?
The Bored Ape Yacht Club collection, one of the most well-known and expensive NFT collections, served as the inspiration for ApeCoin (APE), a cryptocurrency created to aid in the creation of decentralized Web3. APE is an Ethereum blockchain-based ERC-20 token.
How does ApeCoin work?
APE is intended to serve as a utility token in web3 projects like games and metaverses in addition to its function in network governance.
Reasons why you should buy ApeCoin
The acceptance of ApeCoin in the actual world will determine its long-term success. The token seems to be in a position to gain from expanded usage in Web3, particularly if initiatives from game developers like Animoca Brands, NWayPlay, and others are released.
Decentraland (MANA)
What is Decentraland?
Decentraland is an Ethereum-based metaverse project that enables users to participate in a communal digital experience: they can mingle, play games, trade collectibles, and purchase and sell wearables and digital real estate through Decentraland.
How does Decentraland work?
Decentraland is supported by MANA, an ERC-20 token that serves as the system’s native currency. Members of the Decentraland community can use MANA to purchase LAND, a virtual piece of the VR platform that Decentraland stands for.
Reasons why you should buy MANA
Decentraland’s inherent value is derived from its technical potential and capacity. Additionally, the project’s singularity increases the value of Decentraland and its two tokens, LAND and MANA.
Other Top Cryptos to Buy Now
We have already listed a lot of promising crypto assets that could always become a great addition to your portfolio. However, now let’s look at some more general crypto projects, those that can be less risky while still being interesting.
Bitcoin (BTC)
What is Bitcoin?
Bitcoin… Does this cryptocurrency even need an introduction? It is undeniably seen by many as the best crypto to buy. However, a lot of crypto investors also seem to want to avoid it. But why?
Well, the reason for that is simple: many experts prefer investing in coins that have functionality beyond being a store of value or a payment method. Bitcoin isn’t a crypto token that has a curious project behind it. Its transactions are also fairly slow, making it a less-than-ideal way to pay for assets and services.
Still, Bitcoin remains the world’s most popular cryptocurrency, and that already makes it one of the best crypto assets to add to your portfolio.
How does Bitcoin work?
Bitcoin is a proof-of-work cryptocurrency that uses the SHA-256 hashing algorithm. It turns to miners to verify transactions on its blockchain, and they use the computing power of their mining rigs to solve complex math puzzles to get some BTC as an incentive.
There isn’t really anything special about Bitcoin. By today’s standards, its transaction speed is pretty slow, and the coin doesn’t really offer any innovative features.
Reasons why you should buy Bitcoin
Bitcoin is the best crypto to buy for beginners or crypto investors who don’t want to spend a lot of time on their portfolios. It is one of the most reliable cryptocurrencies to get and is available on most crypto exchanges.
Overall, BTC is definitely one of the best introductions to the crypto world and a good crypto asset to even out the risks of one’s portfolio. It is also accepted as a payment by many services, so it could be a good — but not the best — choice if you need crypto for making everyday payments.
Ethereum (ETH)
What is Ethereum?
Ethereum is another big name in the crypto industry. Some people might even rate it far above Bitcoin: after all, this network’s smart contract technology and willingness to innovate are both incredible.
One of the so-called major cryptocurrencies, Ethereum is the second-largest cryptocurrency after Bitcoin in terms of market capitalization. This cryptocurrency and the whole Ethereum network offer users access to a wide range of features and applications. Additionally, the Ethereum platform has a lot of value when it comes to exchange process automation. Ethereum smart contracts minimize bureaucracy and allow two parties to make a deal without intermediaries while maintaining security and benefiting from low transaction latency.
How does Ethereum work?
Although ETH can be used as a payment method and a store of value, the Ethereum blockchain is primarily seen as a network for creating and interacting with decentralized applications, or dApps. It uses smart contract technology to achieve this.
A smart contract is a self-executing contract that writes the terms of agreement between two parties directly into code, eliminating the need for any intermediaries.
Ethereum is a proof-of-stake cryptocurrency. This means that ETH can be staked but not mined. One of the most interesting features Ethereum has is its layer 2 — a scaling solution in the form of separate blockchains that can frequently and easily communicate with the main Ethereum chain. This lets Ether satisfy its users’ needs without sacrificing either security or decentralization.
Reasons why you should buy Ethereum
Many crypto experts and enthusiasts believe that due to this project’s high fundamental value and its well-thought-out and ambitious roadmap, the asset is likely to continue to grow in 2023 and beyond.
Just like Bitcoin, Ethereum is also available on most exchanges — but it is even more versatile. After all, it can be easily exchanged into any native token as long as its project is based on the Ethereum network.
If you are interested in DeFi and dApps, ETH can be a great investment option. After all, it’s the biggest platform for decentralized applications. Additionally, even if they’re not as popular anymore, many NFTs are also based on this blockchain — and with Ethereum’s functionality, it could very well be that the next big thing in the crypto industry will be connected to ETH, too.
Aptos (APT)
What is Aptos?
Aptos may not be as famous as Bitcoin or Ethereum, but this cryptocurrency is incredibly popular — and successful — in its own right. At the time of writing, APT was within the top 100 on CMC by market cap.
APT is a native token of a project run by Aptos Labs, a team of technical experts who want to revolutionize Web3 and redefine the way users interact with it. It is a highly active project that has already achieved some of its goals, like launching a testnet. At the time of writing, they already had three products running: Aptos Names, Aptos Explorer, and Aptos Wallet.
How does Aptos work?
True to the vision of its developers, Aptos is a quick and efficient blockchain. It uses Block-STM technology, BFT consensus, and the Move programming language, which makes it one of the most unique crypto projects out there. Aptos can — in theory — reach up to 160,000 transactions per second, which is around 30 times more than the maximum TPS of Solana (SOL).
The Aptos blockchain has an in-built mechanism that allows it to become more reliable than many other crypto projects: if the leader node in the chain fails, one of the other ones can take over. Although it doesn’t make Aptos as reliable as Ethereum, it’s still a nice feature that, unfortunately, comes with the cost of slightly increasing the project’s hardware requirements.
Reasons why you should buy Aptos
Aptos has had a lot of investments, which shows that not only a dedicated community but also industry giants support the project. As a web3-related project, it has the potential for longevity, and its fundamentals seem solid so far.
The APT token is already supported by many major crypto exchanges, so it can be a safe bet if you’re looking for an interesting blockchain-based project to invest in.
Hideaways (HDWY)
What is Hideaways?
Hideaways claims to deliver a revolutionary approach to investing in luxury properties. It aims to enhance the experience of purchasing houses and apartments, creating new ways for customers to interact with the real-life objects they’ve purchased.
Additionally, in the true spirit of crypto, Hideaways wants to democratize the industry, too: after all, luxury real estate investment is currently a field with one of the highest barriers to entry. With Hideaways, it might become a lot more accessible.
How does Hideaways work?
Hideaways sells the NFTs it mints based on real-life luxury property. Each NFT can then be broken down into smaller parts worth as little as $100. After purchasing property — or a fraction of it — the customer can then rent it out to earn some additional passive income. It can also be sold at a profit, just like other crypto assets.
Hideaways also offers some additional bonuses to their clients, like fee discounts, exclusive rewards, and even VIP memberships that provide access to premium real-world services like first-class lounges and club memberships.
HDWY is a native token designed to support the platform and its features. It can be staked.
Reasons why you should buy Hideaways
Projects that aim to shake up established traditional industries with blockchain technology are always interesting to follow. If you’re looking for curious projects, then HDWY might be one of the best crypto assets to get.
Since NFTs on Hideaways are underpinned by valuable real-world assets, this project is relatively less risky than many other similar ones. After all, an NFT would just be proof of ownership of a real building or a fraction of it.
The Hideaways token is also stakeable, so it can be a good choice if you’re looking for a way to earn crypto rewards.
Chiliz (CHZ)
What is Chiliz?
Chiliz is an innovative platform that aims to build bridges between sports and entertainment fans and their favorites. They achieve this by creating various exclusive events, merch and ticket sales, and communication channels — all facilitated by fan tokens.
How does Chiliz work?
Chiliz provides fans with fan tokens — a digital currency that enables them to enhance their interaction with their favorite teams or celebrities. Fan tokens are distributed via Fan Token Offerings (FTOs) held on Socios, a separate platform. They can only be purchased with the CHZ token, an ERC-20 utility token.
Fan tokens actually have a capped max supply, so they are a scarce resource. They let fans participate in exclusive sales, fan-led decisions, and more. The more tokens a user has and the more they participate in the community, particularly voting, the more power they will hold. As they rise through the ranks, they might even be able to reach VIP status.
Reasons why you should buy Chiliz
Chiliz and Socios both have extensive plans for expanding their platforms. They already partner with some of the world’s most popular sports organizations, like FC Barcelona, with more to come in the future.
CHZ has been reliably ranking within the top 60 by market cap on platforms like CoinMarketCap, which shows that it has substantial support. It is one of those cryptocurrencies that can be a worthwhile investment both if you want to make money off of selling it later or if you simply want to enjoy the service it offers.
The Best Cryptocurrencies You Can Buy for under $1
There are quite a few cheap cryptocurrencies out there, but not all of them are worth investing in. Let’s take a look at the ones that will be the best additions to your crypto portfolio.
XRP
What is XRP?
Despite being one of the biggest cryptocurrencies in the world by market cap and in terms of popularity, XRP is still fairly cheap. But don’t let its price deter you from investing in this coin: it is incredibly promising and has proven to be a worthwhile investment.
How does XRP work?
XRP is the native cryptocurrency of the XRP Ledger, an efficient, scalable, and sustainable blockchain. It offers users really low costs and high transaction speed alongside being relatively eco-friendly.
Not only is it great for making transactions, the XRP Ledger is also an amazing platform for crypto project development.
Here are some of the features XRP offers:
- Easy cross-country payments
- A high-performance decentralized exchange
- Secure and fast micropayments
- All cryptocurrencies (other than XRP) and non-crypto assets can be represented on the XRP Ledger as tokens
Reasons why you should buy XRP
XRP has been steadily holding on to its place in the top 10 by market cap for years now: this cryptocurrency remains popular among both institutional and retail investors, and its community is as strong as ever.
Despite being an older cryptocurrency that does not often get hyped by people like Elon Musk, XRP still has a lot of ups and downs and more than enough potential to go to the moon.
XRP is frequently hailed as the new alternative to SWIFT — and if it does indeed manage to become a global decentralized payment system, we can only imagine how high the XRP price will rise.
Stellar (XLM)
What is Stellar?
Stellar, a hard fork of XRP, has been providing people with access to blockchain services since 2014. It is an open network that facilitates global transactions and offers a more efficient way to store value.
How does Stellar work?
The asset’s blockchain is known to the crypto community for its incredibly fast processing speed. The hybrid protocol can significantly reduce the verification time of both transactions and smart contract execution.
What sets the Stellar network apart from other blockchain projects is its transaction fee structure: every transaction costs exactly 0.00001 XLM, no matter its size. Considering XLM is a cheap cryptocurrency worth less than a dollar, Stellar transactions are unprecedentedly cheap.
Reasons why you should buy Stellar
As the cryptocurrency world becomes more mainstream, there will arise a need for cheaper transactions. And Stellar, with its solid technological foundation and established reputation, is one of the best candidates for taking advantage of that need. XLM responds well to the rise and fall of cryptocurrency prices on the crypto market and will most likely continue to be a worthwhile investment opportunity.
Given long-term partnerships with large companies and financial institutions aimed at a wide audience, the project could become more and more popular. As a result, the asset’s price could multiply.
Cronos (CRO)
What is Cronos?
Formerly known as the Crypto.com Coin (or Crypto.org Coin), CRO is the native token of the Cronos Chain, an open-source blockchain developed by Crypto.com. It is one of the various projects made by the company to promote crypto and mass adoption.
The Cronos Chain’s primary function is powering the Crypto.com app for mobile payments.
How does Cronos work?
Read more: https://changelly.com/blog/best-crypto-to-buy-now/
Text source: Cryptocurrency News & Trading Tips – Crypto Blog b
