Altcoins refer to cryptocurrencies other than Bitcoin, i.e. Bitcoin alternatives. Of the 20,000+ altcoins listed on CoinMarketCap, investors have plenty of options when it comes to choosing suitable digital assets for their portfolio. If you’re looking for the best altcoins to invest in, you’ve come to the right place.
In this guide, we discuss over a dozen of the best altcoins to buy right now – all of which offer attractive upside potential. They range from upcoming altcoins on presale now, to new altcoin projects launched this year, to some well-established assets with a high market cap.
Top Altcoins to Buy in 2023 – Overview
Below is our top list of the best altcoins to buy this year. Keep a diversified portfolio as while the potential gains are higher on altcoins, so is the potential downside.
- Wall Street Memes – Presale altcoin that analysts predict has 10x potential. The presale got off to a quick start, raising over $2 million in less than a week. Wall Street Memes is an established brand with a proven track record, over one million followers and has been replied to by Elon Musk.
- Ecoterra – An environmentally focused altcoin that incentivizes recycling through its Recycle2Earn platform, rewarding users with ECOTERRA tokens which can be sold, staked or used to fund other eco-friendly projects – $4.5 million raised in presale.
- yPredict – An innovative altcoin for crypto traders offering advanced analytics, research tools, and a user-friendly trading platform alongside harnessing AI technologies such as NLP and predictive models crafted by AI experts. More than $1.9m raised in the presale so far.
- DeeLance – A new altcoin set to revolutionize the freelance and recruiting industry through blockchain technology. Users are rewarded with the platform’s native DLANCE tokens, with the project is in stage 2 of its presale with $1.2 million raised.
- Launchpad XYZ – A user-friendly and accessible platform catering to novice and seasoned investors. It provides an extensive array of investment options in the Web3 domain, encompassing utility tokens, NFTs, play-to-earn gaming, and ICOs. More than $800k raised in its presale.
- AiDoge – A new altcoin that merges AI-generated memes with the crypto market. With staking, voting systems, and token rewards, AiDoge provides a unique opportunity to invest in a rapidly growing community-centric crypto platform. Its presale sold out in four weeks and is now heading for its IEO.
- Copium – A unique meme token Offering an exciting NFT airdrop feature and incentives. This community-centered token turns the concept of ‘coping’ into a winning investment strategy – upcoming 30% token burn.
- Scorpion Casino – The number one social gambling platform that shares revenues from casino usage through a redistribution method. Earn up to $10,000 USDT every day.
- Doge Rush – Hold the $DR altcoin to enter hourly competitions and participate in P2E games. $DR is priced at $0.0055 during the ongoing presale, which has raised $330k.
- RobotEra – Metaverse-gaming crypto building a shared multiverse planet, with a native coin (TARO) fueling its in-world economy. Players use Robot NFTs as avatars and access different resources on the seven continents of Planet TARO. $1.2 million raised with 160% token price increase.
- Spongebob – SpongeBob SquarePants inspired meme coin trending on CoinMarketCap & Dextools.io and has the potential to become the next Pepe coin. Up 500% since launch.
- Tamadoge – A play-to-earn crypto meme project featuring NFT ownership and rewards. The Tamaverse game revolves around doge, and players can purchase and breed Tamadoge pets as unique NFTs. Upcoming augmented reality app and tier-1 CEX listings in June and July.
- Pikamoon – New altcoin powering an NFT P2E metaverse. The game is inspired by Pokemon, with unique NFT creatures, player-versus-player battles, exploration, and methods for earning PIKA tokens – $1.6 million raised.
- Swords of Blood –A gaming altcoin that offers a unique play-to-own and play-to-win experience in a hack-and-slash RPG. The presale of its native $SWDTKN is rushing through presale stages, with $1.3 million raised.
- Lucky Block – Crypto casino offering thousands of slot games, traditional table games, and a leading sportsbook. LBLOCK V2 has no transaction fees and a 1% rolling monthly burn. The native LBLOCK token is expected to be added soon.
- The Sandbox – Allows users to create and personalize characters, compete in play-to-earn games, and trade NFTs. Users can buy virtual land and build properties, which can be sold on the open marketplace.
- Yearn.finance – A decentralized financial services platform that connects borrowers and investors without third-party intermediaries. It uses automated smart contracts for crypto loans, with investors earning yields on their deposits.
- Cosmos – Aims to solve interoperability challenges in the blockchain space, enabling different networks to share data. Its ATOM token is required for blockchains to use this technology.
- Uniswap – A decentralized exchange that allows users to trade altcoins without a centralized platform. It uses an automated market maker (AMM) model to determine prices and also offers yield-earning opportunities.
- Decentraland – Virtual reality platform that allows users to buy, develop, and sell digital real estate using its native MANA token. The platform has experienced significant growth and facilitated multi-million dollar real estate transactions within its metaverse.
A Closer Look at the Best Altcoins to Invest in
Considering just how many digital currencies are now in circulation – choosing the best altcoins for your portfolio is no easy feat. You’ll also need to choose the best altcoin exchange with the lowest fees.
You’ll need to research key metrics surrounding the goals of the project, its historical price action, current market capitalization, and more. With this in mind, the sections below offer a full analysis of the overall best altcoins to invest in this year.
Starting off our list of trending cryptos that could make you rich is Wall Street Memes.
1. Wall Street Memes – Presale Meme Coin That Analysts Predict Has 10X Potential
As highlighted in a recent video by YouTuber Jacob Bury, meme coin popularity is slowing down in recent days. However, the Wall Street Memes presale is doing the inverse, currently experiencing an explosive presale and raising over $2 million in less than a week.
Wall Street Memes is a new altcoin on presale launched by the founders of the 2021 NFT project Wall St Bulls, inspired by the Wall Street Bets Reddit movement.
In the video, Jacob highlighted that Wall Street Memes is an already established brand and $WSM currently outperforming the rest of the market. He went on to say the project has 10X potential, referencing other projects which have achieved similar results, like Sponge and Tamadoge.
While all presale cryptos carry risk, Wall Street Memes’s proven track record in crypto and vast community could help it prevail as 2023’s best presale launch.
Elon Musk has also tweeted at Wall Street Memes on several occasions. Historically, support from Elon has caused projects to pump during meme coin bull runs. For example, Floki Inu, a meme coin named after Elon’s dog, pumped 8,000% within months of its launch.
Wall Street Memes has a capped supply of two billion tokens, with 50% allocated to the presale and the remainder split between exchange liquidity and community rewards.
The project is in stage five of its presale, priced at $0.0256. There are 30 rounds, and the price will incrementally increase for each.
In celebration of the presale, there is also a $50 worth of $WSM airdrop up for grabs. To become eligible, participants must complete a series of easy tasks; find out more on the project’s Discord server.
Alternatively, join the Wall Street Memes Telegram for updates on the presale.
Hard Cap
$30,577,000
Total Tokens
2 billion
Tokens available in presale
1 billion
Blockchain
Ethereum Network
Token type
ERC-20
Minimum Purchase
100 tokens
Purchase with
USDT, ETH
2. Ecoterra – Best Eco-Focused Altcoin to Invest in 2023
Ecoterra is the best environmentally focused altcoin to invest in 2023 as it looks to increase the uptake of recycling by providing a strong enough incentive for users.
The project has developed a groundbreaking Recycle2Earn platform that lets users easily track their recycling habits and be rewarded for their positive environmental contributions.
The team behind the project can boast extensive experience in the recycling sector after managing one of the most profitable companies in the Sout East European region.
In addition, they have established a partnership with Delhaize, one of the largest supermarket chains in Europe, North America, and Asia, to bring their Recycle2Earn platform to life.
The Recycle2Earn app makes it incredibly straightforward to get started with earning rewards for recycling. First, users need to scan the item’s barcode to be recycled to find an exact match in the Recycle2Earn AI-powered database.
Then, the application will advise the user to head to the nearest Reverse Vending Machine (RVM) to recycle their goods. Finally, after recycling the items, users must upload a photo of the receipt to the application to be rewarded in Ecoterra tokens accordingly.
The best part about the platform is that it extends beyond the sole recycling process. For example, the application also integrates a Recycled Materials Marketplace, allowing users to purchase recycled plastics, glass, or aluminum using their earned Ecoeterra tokens.
The application also contains a Carbon Offset Marketplace, allowing users to buy carbon offsets to reduce their carbon footprints. All of the carbon offsets on the platform are thoroughly verified in partnership with VERA. Finally, the platform also has an Impact Trackable Profile, allowing all users to track their positive actions in the Ecoterra ecosystem.
Ecoterra is currently hosting a presale for its native token, ECOTERRA, that will be used as a transaction and rewards mechanism on the platform.
The presale for the native token uses an increasing pricing structure, which will see the price increase as the presale progresses through the milestones. Currently, the platform offers tokens for $0.0085, which will rise to $0.01 in stage 9. More than $4.5 million has been raised in the presale.
Therefore, those that invest earlier stand to benefit from the higher prices when the token is finally launched and hits tier-1 exchanges.
The project, which has been developed by a doxxed and KYC-verified team, is offering 50% of its 2 billion supply during the presale with no vesting period and a 6.7 million hard cap – Certik has audited the token smart contract.
Overall, by talking concepts from play-to-earn, Ecoterra has created a groundbreaking and novel solution that encourages users to go through the recycling process to help fight global warming and climate change.
Join the Ecoterra Telegram group for the latest news, read the whitepaper for more information, or follow our guide on how to buy ECOTERRA tokens.
Presale Started | March 29 |
Purchase Methods | ETH, USDT, Card |
Chain | Ethereum |
Min Purchase | $10 |
Max Purchase | N/A |
3. yPredict – Empowers Investors to Make Well-Informed Investment Decisions In Crypto Market
Emerging as a noteworthy contender in the altcoin space, yPredict boasts advanced crypto analytics, research tools, and an intuitive trading interface. The platform utilizes AI techniques such as Natural Language Processing (NLP) and works closely with AI experts to develop forecasting models.
During the ongoing presale stage, each $YPRED token is priced at $0.09 but that price will rise by 33.3% in the final stage to $0.12 – for investors eager to acquire yPredict at its present market value, this presents an attractive opportunity for potential price growth, while the presale has already raised $1.9m.
yPredict’s predictive models have been crafted by AI professionals who employed financial mathematics to cater to an algorithmic trading market projected to expand at a CAGR exceeding 12% until 2030.
These models estimate the direction and value of the overall market and specific cryptos.
Leveraging NLP methodologies, yPredict can simultaneously assess sentiment for multiple tokens. The platform also offers technical analysis and automated trade indicators.
With its unique pattern recognition algorithm, yPredict can detect upward and downward tendencies in charts.
The yPredict whitepaper mentions the possibility of earning passive income by staking one’s $YPRED tokens. There is a 10% token holder distribution for all new subscriptions.
yPredict’s hard cap is $6.5 million, with a 50% token generation event (TGE) release for presale tokens. Presale participants can acquire up to 80% of the token supply, with a cap of 1 billion tokens.
The development team behind yPredict is doxxed and KYC-verified, ensuring transparency and credibility. Furthermore, the token’s smart contract has been audited by Coinsult. yPredict is created on the Polygon blockchain, known for its exceptional speed and efficiency.
If you want to know more about the upcoming presale, join the yPredict Telegram channel.
Presale Started
Q1 2023
Purchase Methods
MATIC, ETH, BNB, USDT, Card
Chain
Polygon
Minimum Purchase
200 tokens
4. DeeLance – Exciting New Altcoin to Disrupt the Recruiting World
DeeLance is an exciting new altcoin that has only just launched the first stage of its presale and is set to revolutionize the freelance and recruiting industry.
The project will streamline the process for both businesses and individuals, utilizing blockchain technology to make the recruiting process more simple and efficient and cutting out intermediaries to ensure users are better compensated.
DeeLance is promising lower fees and commissions than its leading Web2 rivals, as well as near-instant payouts once work is completed.
That will happen with the project using secure escrow accounts for payment, storing funds safely and guaranteeing payment for services supplied once work is completed to the required standard and specification.
By using crypto as a payment method, it also means that there will be no risk or delay caused by currency exchange or commissions.
DeeLance users will be peer-reviewed by its feedback system, with a visible and transparent score allowing businesses to ensure they are getting reliable freelancers and individuals ensuring they avoid bad actors.
Furthermore, the platform will turn all work produced into NFTs, meaning the work has clearly defined ownership and helping to prevent potential payment fraud or copyright violations.
DeeLance also has its own metaverse, which will act as a central hub for its community of users.
Within the metaverse, users will be able to network or collaborate in community spaces or purchase virtual plots of land and offices to connect and hold meetings, as well as advertise their services.
DLANCE tokens are on sale in stage 4 of the presale for $0.038 and will increase to $0.05 by the final stage – 30% of the 1 billion max supply has been made available, with no vesting period and a $6.8 million hard cap.
The DeeLance developers are doxxed and KYC-verified, with more than $1.2m raised in the presale so far. The project is also offering a 5% USDT affiliate program to investors.
Join the Telegram group or read the DeeLance whitepaper for more info on the project.
Presale Started | March 30 |
Purchase Methods | ETH, USDT, Card |
Chain | Ethereum |
Min Purchase | $10 |
Max Purchase | N/A |
5. Launchpad XYZ – A user-friendly gateway to Web3 investments, NFTs, P2E games, and ICOs
Launchpad.XYZ is a cutting-edge blockchain startup that will revolutionize Web3 investing for novices and seasoned users.
The project aims to simplify the onboarding process in the developing Web3 market by providing various investment opportunities, such as utility tokens, NFTs, play-to-earn games, and ICOs, as well as easy access to information.
Potential investors can acquire LPX tokens during the Launchpad XYZ presale for only $0.0445 USDT, divided into ten stages with progressively increasing prices. Users can also refer to the detailed guide on how to buy Launchpad XYZ tokens.
Data analysis, insights, sentiment, and information are at the core of Launchpad XYZ’s many features. In addition to a decentralized exchange (DEX) for token swaps and NFT transactions, the platform provides access to private ICOs, beta-mode play-to-earn games, and fractional investment options in high-value assets like real estate and luxury vehicles.
Launchpad XYZ’s perpetual DEX also allows traders to hedge their bets and limit their exposure to sudden market movements through leveraged positions while enjoying the security of a decentralized exchange.
The Launchpad XYZ presale presents an opportunity to obtain tokens at discounted rates before their listing on exchanges. Although engaging in crypto presales comes with certain inherent uncertainties, they also hold the potential for significant gains. It is crucial to evaluate your risk tolerance and make a well-informed decision.
As per the Launchpad XYZ whitepaper, the ecosystem is powered by its native token, LPX, which functions as a utility and an investment token. Staking for early access to new features and paying transaction fees when purchasing fractional assets are just two examples of how LPX tokens can be used. LPX holders also get discounted rates when trading on the Launchpad XYZ DEX.
One of Launchpad XYZ’a most appealing features is the opportunity to purchase a fractional share in a high-value asset. Through its proprietary Launchpad Quotient tool, the platform also delivers state-of-the-art insights and strategies to help users navigate the complex crypto market. This AI-driven app streamlines crypto analysis by calculating a risk-reward score from more than 400 variables.
The presale has so far raised more than $800k.
Interested buyers can enter the Launchpad XYZ Telegram group to get the latest updates.
Hard Cap
$12,500,000
Total Tokens
1 billion
Tokens available in presale
250 million
Blockchain
Ethereum Network
Token type
ERC-20
Minimum Purchase
100 tokens
Purchase with
USDT, ETH, BNB, Card
6. AiDoge – Redefining the Crypto-Meme Landscape by Merging AI-based memes with Cryptocurrency
For the first time, artificial intelligence is being merged with the infectious humor of internet memes in an altcoin known as AiDoge. This AI-driven platform generates memes to keep users captivated and entertained.
The presale has already sold out its $14.9 million hard cap in just four weeks since it launched as the meme coin frenzy continues to see huge interest. $AI tokens will be listed on exchanges soon.
$AI powers this system and incorporates a text-prompt feature and a meme generator. Users provide textual input, and the sophisticated AI algorithms within the meme generator employ this information to produce humorous memes relevant to the provided subject. Users don’t need graphic design or artistic skills to create memes using this approach.
Since AiDoge and similar presale altcoins have only been available briefly, there is not enough data to reliably predict their prices using technical analysis.
This may make them riskier investments – however, the success of previous presale altcoins, such as Tamadoge, shows that high returns are still possible despite increased volatility.
It’s essential to research presale tokens before investing to ensure they align with your portfolio.
The $AI token is the primary means of exchange and plays a vital role in the AiDoge ecosystem. Users who purchase meme-creation credits using $AI tokens contribute to the platform’s long-term growth.
Staking rewards, voting rights, and content creation incentives are just a few benefits that $AI tokens offer to encourage community involvement.
As stated in the AiDoge whitepaper, the daily credit rewards users receive are directly related to the number of $AI tokens staked in staking contracts.
AiDoge users can also earn $AI via its public wall, where memes are shared and the community can upvote and downvote creations with the best getting rewards.
Users who stake $AI also have a voice in the platform’s progress and can access it before it becomes available to the general public. AiDoge’s audited and secure staking contracts protect all staked tokens from theft or misuse.
AiDoge users can share their memes on a public wall that attracts a large audience. The site’s voting system allows users to promote specific memes by giving them a thumbs up or down. Incentives, such as $AI tokens for popular memes, motivate users to generate new content and contribute to the community.
To stay informed about the platform’s development, interested individuals can subscribe to the AiDoge Telegram channel.
Hard Cap
$14,900,000
Total Tokens
1 trillion
Tokens available in presale
500 billion
Blockchain
Ethereum Network
Token type
ERC-20
Minimum Purchase
100 tokens
Purchase with
USDT, ETH, BNB, Card
7. Copium Club – Meme Token Offering an Exciting NFT Airdrop Feature and Incentives
Representing a unique blend of digital currency and community resilience, $COPIUM embodies the ethos of internet culture: humor, resilience, and a dash of playful trolling.
Fueled by a fervent community, $COPIUM carves its niche in the meme token sector. Drawing inspiration from notable predecessors like Pepe, it aims to offer a unique blend of amusement and profitable opportunities through exclusive NFT rewards and strategically designed incentives. Backed by a constellation of high-profile crypto influencers, the token enjoys an extensive reach.
The token leverages the concept of FOMO to offer a unique investment opportunity, turning ‘coping’ into a profitable strategy. This community-centric token transcends the typical crypto investment boundaries, positioning itself as a solidarity movement for those who’ve braved the stormy seas of the crypto market.
Making its DEX launch on May 18, the token experienced a whopping 400% rise within the first 30 minutes of trading. As per Dextools, it currently enjoys a price of around $0.008395 and an impressive market cap nearing $8.39M, dwarfing its initial fully diluted market cap of nearly $1.2 million.
The innovative vesting structure of $COPIUM ensures a steady and fair distribution of tokens. Of the 30% of its billion token supply allocated for presale, only 10% was immediately accessible, with the remainder to be gradually unlocked over three weeks.
$COPIUM is more than a meme token; it’s a transformation journey – turning past regrets into future wealth. Through its shared ethos, enticing NFT airdrop scheme, and commitment to community, $COPIUM is cultivating a new breed of investors who celebrate humor, embrace shared experiences, and eye profit potential in the crypto world.
You can join the Copium Club Telegram group to get the latest news.
8. Scorpion Casino – The Number One Social Gambling Platform
With online gambling expected to be the future of casinos, Scorpion Casino is on a mission to build the number one social online gambling platform where users can earn daily yield based on the casino’s performance. The platform intends to provide a fun and seamless gaming experience while allowing everybody to earn through its redistribution mechanism, which leverages a 2% tax on every transaction to be distributed back to SCORP holders. As a result, holders will see their token holdings grow as the platform gains more adoption.
The casino is fully regulated and licensed by the Curacao EGaming licensing entity, making it transparent and provably fair. It offers over 210 casino games, with an additional 160 live games – so you can be sure to find your favorite table on the platform. Some of the popular games advertised include blackjack, poker, slots, and roulette. The gaming experience is expected to be highly polished as they are connected with all the major gaming providers, such as Evolution and NetEnt.
Scorpion Casino also offers a revolutionary sports betting page, allowing users to place bets on the outcome of their favorite sports matches. Additionally, all major leagues are integrated into the platform across sports such as soccer, basketball, tennis, horse racing, golf, MMF, and boxing.
In addition to the redistribution tax, SCORP also integrates a 1% burn tax on every transaction, making the token deflationary. As a result, the total circulating supply of SCORP will diminish over time, making the token scarce and valuable.
The project is hosting a presale for its native token, SCORP, which will be the exclusive payment method on the platform. The casino accepts all major cryptocurrencies, such as BTC, ETH, and BNB, but SCORP will be the default betting currency across all gaming products.
Those that invest more than $1,000 in the presale are automatically enrolled in the Elite Scorpion Members Club, which provides VIP services, cashback, extra staking rewards, and additional SCORP tokens. Furthermore, if you use the exclusive bonus code Scopion20, you can get 20% extra tokens for a short period of time.
Presale Started | May 2023 |
Purchase Methods | ETH, USDT, BNB |
Chain | Binance Chain |
Token Type | BEP-29 |
Listing Price | $0.05 |
9. Doge Rush – Meme-Based P2E Altcoin on Presale
Doge Rush is a meme-based cryptocurrency platform that aims to combine gaming with memes and reward-earning opportunities. The platform allows users to earn $DR, the native token, across two platforms – DogeHub and DogeWin.
DogeHub will function as Doge Rush’s online gaming ecosystem. On DogeHub, users can access doge and Elon Musk as playable characters. The games on this side-scroller game will be reminiscent of other popular apps such as Subway Surfers and Temple Run. Users will play as doge characters in the game and will be running away from Elon Musk.
During the games, you can collect coins and use them to purchase NFT skins on Doge Rush’s marketplace. The DogeWin ecosystem will allow members to win exciting rewards by participating in hourly competitions and raffle events. Along with $DR tokens, users can earn ETH tokens as a reward.
This altcoin is currently available to purchase for the low price of $0.0055 per token. However, the price will increase to $0.0099 by the final round, an 80% price increase. 50% of Doge Rush’s 2 billion token supply is available during the presale.
20% of the total supply will be released during exchange listings. Another 25% of the coins will be allocated for P2E rewards in the gaming ecosystem. Since the presale started, Doge Rush has raised well over $320K.
Join the Doge Rush Telegram group for the latest platform updates. Read the Doge Rush whitepaper to learn more about this new cryptocurrency.
Presale Started
Q2 2023
Purchase Methods
ETH, USDT
Chain
Ethereum
Min Investment
None
Max Investment
None
10. RobotEra – Exciting Metaverse Coin to Rival SAND and MANA
Aiming to be the next big metaverse-gaming cryptocurrency, RobotEra (TARO) is building a shared multiverse planet where players can access different continents and build entertainment facilities.
Now on presale, TARO runs the in-world economy of RobotEra as its native coin and has already raised more than $1 million in investment.
RobotEra allows players to leverage Robot NFTs to join as virtual avatars on the TARO planet. The Planet TARO has 7 continents where players can access different resources.
Land on the game can be received via airdrop and can be bought and sold on RobotEra’s marketplace. DappRadar has recently released a report stating that crypto-gaming-based altcoins are the best performers during a bear market.
While top coins like Bitcoin are currently in a downtrend, TARO’s presale can be a good opportunity to diversify funds. The TARO presale aims to raise a hard cap of $6.93 million through three presale rounds.
The native cryptocurrency has a total fixed supply of 1.8 billion tokens, with 270 million tokens be listed during the presale – each round allocating 90 million tokens – and no vesting period.
Currently, on stage 1, TARO is available to buy for only $0.02 USDT. The price of this altcoin will increase to $0.025 during the second round and $0.032 during the final round, making it one of the best altcoins for a quick 60% return by the time TARO is listed on crypto exchanges.
Read our how to buy RobotEra guide for more details and read the RobotEra whitepaper and the Telegram Channel to familiarize yourself with this new project.
Presale Started | Q4 2022 |
Purchase Methods | ETH, USDT |
Chain | Ethereum |
Min Investment | 1,000 TARO |
Max Investment | N/A |
11. Spongebob – Popular Meme Coin That is Rallying After its DEX Listing
Following the trend set by successful meme tokens such as PEPE, BOB, TURBO, DINO, WOJAK, WSB, and numerous others, Spongebob is a recent addition to the Uniswap marketplace. It aims to perpetuate the trend of meme tokens experiencing exponential growth within a matter of days.
Upon its listing on Uniswap on May 4, 2023, the token’s value soared over 500% within the initial 24-hour period and within 72 hours had been listed on major CEXs and was attracting more than $100 million in trading volume.
This impressive performance led to $SPONGE trending on both CoinMarketCap and DEXTools, while its price saw early investors get huge returns of around 2,000%.
As a result of the heightened interest, large-scale investors, or whales, have been trading the token, potentially driving its price even higher and interest in the project continues to grow.
Boasting trading volumes exceeding $20 million and a market capitalization of around $15 million, $SPONGE’s rapid ascent is difficult to overlook.
This phenomenal growth has captured the attention of both novice and experienced traders in the crypto space as they rush to buy Spongebob.
Nonetheless, the project aims to achieve a market cap surpassing $1 billion, positioning it as a top contender among the available meme coins.
With a holder account of only 10,000 it is likely that $SPONGE still has a long way to grow, while the project has also lined up several significant CEX listings with LBank and MEXC already secured and more expected in the coming days and weeks.
To reach this goal, the $SPONGE team will likely focus on community engagement and partnerships to expand its reach and solidify its place in the competitive world of meme tokens.
To know more about the project’s progress, you can join the Spongbob Telegram group.
12. Tamadoge – Pumping Altcoin with NFT Collection and P2E Ecosystem
Tamadoge (TAMA) is a cryptocurrency project offering play-to-earn (P2E) features, NFT ownership and in-reward benefits for users and participants. It is one of the best altcoins to invest in now after its stunning launch and future utility.
TAMA tokens have pumped since the start of the year with all five of the Tamadoge Arcade games now released and a new CEO and Head of Gaming in place.
Furthermore, TAMA tokens can now be used as a payment method on leading crypto casino BC.Game and will be listed on two tier-one CEXs in June and July
Super Doge, Rocket Doge, To The Moon, Tama Blast and Tamadoge Run have all launched to overwhelmingly positive feedback from the community, with players collecting coins in the platform games and fighting for positions on a leaderboard to win weekly and monthly prizes.
The Tamadoge Arcade has more monthly players than Decentraland and The Sandbox combined, according to DappRadar. The main Tamadoge game and an augmented reality (AR) app are also on the way later in the year.
Tamadoge is the native cryptocurrency of the Tamaverse – a P2E game revolving around doge. Unlike other cryptocurencies like Doge which have risen in popularity due to its strong social media backing, Tamadoge is one of the best utility tokens on the market and offers multiple use-cases to investors.
TAMA is used to settle transactions, trade NFTs and reward users on the Tamaverse. The main feature of the P2E platform is the Tamadoge pets – unique NFTs minted using smart contract functionality. Players can purchase these pets with TAMA tokens on the Tama store, each of which has its unique characteristics, advantages and weaknesses.
The Tamadoge pets can be bred and used in monthly competitions, where the top performers are rewarded with tokens from “dogepools”.
Despite the bear market, and the price of the coin retracing, the presale and IEO success makes TAMA a great investment to watch right now, with the price expected to break out in 2023 when market conditions improve.
TAMA also has a limited supply of just 2 billion tokens – much smaller than most over meme coins – and is a deflationary asset, with 5% of all tokens spent burned. This ensures that supply never outweighs demand, which can potentially make the coin more valuable in the long run.
It remains a top 10 meme coin by volume and appears set to pump when wider market conditions improve, especially with the ecosystem expected to release the main game, side games and augmented reality app in 2023.
Another notable feature of TAMA is that there’s no tax when buying or selling this coin. Tamadoge will only make money when the tokens are spent within the game to purchase the pet NFTs on the TAMA store.
CoinSniper has verified this soon-to-be Metaverse game, and Solid Proof has completed an audit.
Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge. Telegram admins will never DM you first.
13. Pikamoon – New Altcoin Powering an NFT Play-to-Earn Metaverse
Pikamoon is a novel project in the crypto and metaverse space, with a full play-to-earn game inhabited by the titular NFT companions.
It’s a massive open-world RPG adventure game with four distinct regions and types of Pikamoon based on those regions. The Earth Regions are home to Earth-type Pikamoon, the Flame Empire is ruled by Fire creatures, the Water Kingdom houses Water-based Pikamoons, and the Thunder Collective is the realm of Thunder companions.
The world is called Dreva, and you and the other players are Travelers coming to the realm to change it forever. You get to capture Pikamoons and lead them on adventures of exploration, quest-solving, and battles with other Travelers’ NFT creatures.
As the project’s whitepaper explains, the ecosystem is powered by its native crypto called $PIKA, and you earn by playing. You can also spend the tokens in the in-game Marketplace filled with various items like boosts, temporarily improving your creature’s stats, or traveler cards that record your progress in Dreva.
The tokenomics state that the project’s max supply is 50 billion $PIKA, 30% of which will be sold in the presale stage. The presale has three rounds, each selling 5 billion tokens at a price that increases with every passing round. The final value is set at $0.0006.
You can currently buy the tokens for $0.0004 per $PIKA, and the presale has so far raised more than $1.45 million. Follow the official Telegram channel to get the latest news on the project’s progress.
Presale Started | April 2023 |
Purchase Methods | USDT and ETH |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
14. Swords of Blood – Best Gaming Altcoin to Buy in 2023
Gaming is one of the most popular and fast-growing crypto sectors. So gaming assets should be a part of every crypto portfolio. But picking one that is worth investing in is easier said than done. The market is crowded with flimsy games.
This is where Swords of Blood stands out.
The hack-and-slash RPG, built on the framework of an award-winning title first released in 2019 by Artifex Mundi, brings a riveting gaming experience to Web 3.0. The multiple asynchronous game modes of the playable MVP version, which boasts over 4M players, features:
- Main campaign dungeons in three difficulty levels.
- Monster Hunt dungeons, where you play against waves of progressively harder monsters.
- Boss Fortress, where you team up with four other players to fight against powerful bosses.
- Daily dungeons, where you enter a special rift to play a daily selection of dungeons with special rewards, and a lot more.
The change of hands to Hit Box Games LLC will add more vigor to the game.
For starters, it won’t be another ‘play-to-earn’ game with an unsustainable business model. It strikes a balance between entertainment and earning potential by introducing unique play-to-own and play-to-win opportunities. The tragic collapse of the World of Ezura, which brought about violence, betrayal, and cunning evil, is the premise of the game. The free-to-play mechanics on the platform will inspire traditional gamers to enter Web 3.0.
Some of the key features underway are:
- 4, 8, and 16-player PVP modes, e-sport micro tournaments, and community-based gaming with guilds and clans.
- Crypto payments (multichain) + fiat payments enabled via SphereOne and Simplex.
- Native utility NFTs titled G.U.T.’s, that can be used in-game, as well as sold in the open market.
- A 50-hour game expansion pack, written by people who have previously worked on established projects like Cyberpunk, The Witcher, Gord, Command and Conquer, and Ghost Recon.
The reimagined game has the potential to reach a broad gaming demographic, regardless of their financial and technical background.
The team aims to build a community-centric MMORPG, rich with multiplayer features like tournaments, Clans, DAOs, and 4,8, and 16-player PvP Arena, over time. With game development and management veterans like CEO James Seaman (35+ years) and COO Jeremy Brown (15+ years) leading the way, the ambitious goal is attainable. The project has partnered with Fundamental Labs, Solana Ventures, Master Ventures, Gate.io Labs, and Magnus Capital to widen its network in the blockchain and gaming industries.
Although the new features will not be ready until Q3 2023, Swords of Blood can give leading blockchain games a run for their money this year. It is the first AAA-quality fast-paced F2P hack-and-slash RPG game launching on Polygon.
The best investment gateway to Swords of Blood is the presale of $SWDTKN, the native cryptocurrency of the game, in March 2023. Split into three rounds, the presale will go through a gradual price hike. So the earlier you buy the token, the better the deal. But there are more benefits for presale token holders and investors:
- Exclusive access to the game’s closed beta
- Automatic whitelisting to the future NFT sales
- Phygital giveaways, and more.
The project has already raised more than $1.1 million in its presale with SWDTKN tokens on sale for $0.054 in stage 1 and rising to $0.070 in stage 2.
15. Lucky Block – Top Altcoin and Leading Crypto Casino
Lucky Block recently launched our overall best crypto casino where it offers thousands of slots games, traditional table games and a leading sportsbook.
New players can also take advantage of one of the best welcome offers in the space, with a matched first deposit of 200% up to 10,000 EUR (or crypto/fiat equivalent) and 50 free spins on leading game Dead or a Wild.
To sign up to Lucky Block players do not need to complete any KYC verification and should be able to get going in less than a minute, with only an email address, login and password needed.
Once signed in, players can choose from almost 3,000 slots games, traditional casino games such as poker, blackjack and roulette – with live and virtual dealers available – and a sportsbook offering competitive odds on everything from the NBA, NFL, Premier League and boxing to eSports.
Around a dozen cryptos – including BTC, ETH and DOGE – can be used, while the native LBLOCK token will be added soon.
There are no fees or limits on deposits or withdrawals, with a minimum deposit of just $1, and crypto payouts are rapid and in some cases instant, depending on the token.
US and UK players can access the casino with a VPN.
In terms of price action, LBLOCK was initially available to buy via its presale launch at just $0.00015 per token in early 2022 and made 6,000% gains in its early days before the crypto winter set in.
The project has since launched LBLOCK V2, which has no transaction fees, and is also subject to a one 1% rolling monthly burn.
16. The Sandbox – Top Altcoin to Invest in the Metaverse
The next digital currency to consider from our list of the best altcoins to invest in is the Sandbox. In a nutshell, this project specializes in the Metaverse, whereby players from all over the world can explore the Sandbox ecosystem while communicating and networking.
Within the Sandbox Metaverse, users can create and personalize their own character, which can then be used to compete in play to earn games. This means that when certain tasks are accomplished, users can earn the platform’s in-game currency – SAND. What we also like about the Sandbox is that it is home to an abundance of NFTs.
For instance, the Sandbox allows you to use your SAND tokens to buy plots of land. You can then build property on this land and attempt to sell the respective NFT on the open marketplace. As a prime example of how lucrative this can be, a Sandbox user recently sold 100 virtual islands for the crypto-equivalent of $4.2 million.
In terms of how SAND has performed in the market itself, this altcoin has generated huge returns since it was launched. According to CoinMarketCap, the Sandbox was initially priced at $0.05 in mid-2020. This altcoin last peaked in November 2021, whereby a price of over $8.40 was breached.
And as such, this translates into gains of over 16,000%. Not bad for just over one year of trading. With that being said, and like most altcoins in this industry, SAND has since retreated in value.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
17. Yearn.Finance – Great Altcoin to Invest in Decentralized Financial Services
We are huge proponents of the business model employed by Yearn.finance – which specializes in decentralized financial services. Put simply, the platform connects borrowers and investors – meaning that there is no longer a requirement for a third-party intermediary. Instead, crypto loans at Yearn.finance are facilitated loans via automated smart contracts.
In its basic form, borrowers are required to put up a certain amount of collateral in the form of digital tokens. In return, the smart contract will then allow the user to borrow an amount of capital against the said collateral. And, in addition to returning the funds back within an agreed timeframe, the borrower will also be required to pay interest.
At the other end of the transaction, you have investors. Said investors will deposit funds into the Yearn.finance ecosystem, which is then used to facilitate loans. In turn, investors will be paid a yield on their capital outlay – with the specific APY design on a variety of factors – such as the respective token and lending terms.
If you like the sound of this top-rated DeFi coin project, you can easily buy Yearn.finance from the comfort of your home. This is the case even though Yearn.finance is one of the most expensive altcoins in the market. For instance, the digital currency hit highs of over $90,000 in 2021 – making it even more valuable than Bitcoin in token terms.
With that said, you can invest from just $10 into Yearn.finance when using eToro. Nevertheless, in terms of its performance, Yearn.finance and its YTI token were initially priced at just under $1,000 in 2020 – as per CoinMarketCap.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
18. Cosmos – Interoperability Serves a Real Purpose in the Blockchain Space
If you haven’t previously come across the term interoperability, in the traditional computing industry this refers to two or more systems having the capacity to communicate with one another. In the cryptocurrency arena, interoperability, therefore, refers to the challenges faced by different blockchain networks that may have the need to share data.
These challenges have, however, since been allocated with the growth of Cosmos and its ATOM token. In a nutshell, Cosmos provides the required technology for the likes of Bitcoin and Cardano or EOS and Ripple to collects and share data. This means that in theory, Ethereum smart contracts can make decisions based on specific Bitcoin transactions.
And, in order for competing blockchains to use this innovative technology, the ATOM token is required. And as such, this is why ATOM is one of the best-performing altcoins of recent years. As per CoinMarketCap, ATOM was priced at just $7.50 back in early 2019. In early 2022, ATOM breached a price of $43 per token.
And as such, this represents very healthy gains of over 480% in just under three years of trading activity. With that being said, Cosmos and its native ATOM token have since dropped in value in line with the wider altcoin marketplace. As such, you can now get your hands on one of the best altcoins to invest in at a bargain price.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
19. Uniswap – Leading DEX With a Popular Altcoin Backing its Ecosystem
Uniswap is a regular feature on lists of the best crypto to buy now. Founded in 2018, Uniswap was one of the first exchanges to introduce the concept of decentralized trading. In a nutshell, this means that people can now buy and sell altcoins without needing to go through a centralized exchange.
If you’re wondering how this is possible, there are certain innovative factors at play. First and foremost, Uniswap does not rely on traditional bid/ask order books to create a safe and fair trading space for the generation of sufficient levels of liquidity. On the contrary, Uniswap uses an AMM – or automated market maker model.
Put simply, the AMM model determines altcoin prices based on a variety of factors – such as demand, volume, and market capitalization. In addition to decentralized trading services, Uniswap also gives you the opportunity to earn a yield on your idle altcoins.
This is because you can provide the Uniswap AMM with liquidity, which in turn, will generate interest in your deposit. Moreover, you can invest in the broader Uniswap ecosystem by purchasing its UNI token – which is one of the most popular altcoins to buy right now.
According to CoinMarketCap, the UNI token was trading at just under $7 in late 2020. After going through a somewhat rocky ride in the following few months, Uniswap then went on a rapid upside trend. In fact, the UNI token hit highs of just over $44 in mid-2021 – which translates into gains of more than 500%.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
20. Decentraland – Top-Performing Altcoin Backing a Real Estate Metaverse
If you have an interest in the future of Metaverse coins, then you might have liked the sound of the Sandbox – which we analyzed above. With that said, Decentraland is also one of the best altcoins to buy if this niche marketplace is something you wish to gain exposure to.
This super-popular project – which was founded in 2017, is now used by thousands of people each and every day. These numbers continue to grow and perhaps, most importantly, so does the number of transactions being conducted in the Decentraland ecosystem. More specifically, Decentraland has facilitated some huge digital real estate trades in recent months.
For example, in late 2021, an area within the Decentraland Metaverse known as Fashion Street Estate, sold for a reported $2.4 million. Crucially, Decentraland allows users of all budgets to buy plots of land, which then be used to build real estate projects. And in turn, each project can then be sold on the Decentraland NFT marketplace.
Each and every transaction executed within the Decentraland ecosystem is conducted in the platform’s native altcoin – MANA. And with this in mind, it goes without saying that MANA has performed extremely well since it was launched in late 2017. As per stats extracted from CoinMarketCap, you would have originally paid just $0.025 per MANA token.
When the project last peaked in late 2021 with the wider Metaverse scene, MANA was trading at over $5.90. This means that those buying into this project in late 2017 would have been looking at end-to-end profits in excess of 23,000%. As such, a mere investment of just $500 would have translated into a portfolio worth over $115,000.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
What are Altcoins?
The term altcoin is an abbreviated way of discussing alternative coins to Bitcoin. This means that of the 18,000+ digital tokens listed on CoinMarketCap, each and every project can be classified as an altcoin – apart from BTC.
And as such, this means that you have a significant number of altcoins to consider for your cryptocurrency portfolio. It is important to note that altcoins will vary considerably in terms of the project and roadmap targets, market capitalization, historical performance, and legitimacy.
As a result, knowing which are the best altcoins to invest in can be challenging. For instance, while the likes of Shiba Inu and BNB have generated life-changing returns since being launched, many altcoins have since lost over 95% in value. Therefore, when deciding on which altcoins to buy for 2023, you will need to do lots of homework.
For a full guide on how to buy Ethereum Classic and other popular altcoins read our helpful guides.
Are Altcoins a Good Investment?
If you’re wondering whether you should buy altcoins or just stick with Bitcoin, this section is for you. Within it, we discuss some of the main reasons why you might consider investing in a selection of top-rated altcoins today.
Another popular altcoin is ALGO which has many traders asking whether Algorand is a good investment or not.
Many of the Best Altcoins to Invest in Have Generated Life-Changing Returns
First and foremost, perhaps the main reason why you might consider buying a selection of altcoins today is that many projects have generated life-changing returns.
We gave some examples earlier in our analysis of the best altcoins to invest, but allow us to elaborate further.
- For example, we mentioned just a moment ago that when BNB was launched in late 2017, a single token was worth just $0.11.
- And, as of writing, the project is carrying 52-week highs of $690.
- This equates to end-to-end gains in excess of 690,000%. And as such, had you invested just $1,000, at its peak, your money would have been worth $6.9 million.
- In another example, we also mentioned that Decentraland and its MANA token has since witnessed growth of 23,000%.
- And therefore, a $1,000 investment into this altcoin would have been worth over $230,000.
With that said, and as we covered earlier, not all altcoins will perform as well as the like of BNB and Decentraland – so it’s important that you set yourself realistic expectations before you make a purchase.
Altcoins Outperform Bitcoin
It is not only the best altcoins to invest in that have generated life-changing returns since launching. After all, it is important to remember that when Bitcoin was first launched in 2009, it was worth just a small fraction of $0.01 per token. And, when you consider that Bitcoin has since hit highs of over $68,000 – this represents end-to-end gains in the millions of percentage points.
However, Bitcoin has since become a multi-trillion dollar asset class, so it goes without saying that the upside potential will be limited from hereon. In fact, when you compare the performance of Bitcoin over the prior few years with that of top-rated altcoins, BTC isn’t as attractive as it once was.
For example, in the prior 12 months since writing this page, the price of Bitcoin has decreased by over 20%. In comparison, Ethereum has increased by nearly 50%. Over a 5-year period, Bitcoin has increased by 3,600%, while Ethereum has witnessed gains of more than 7,000%.
As such, if your main priority is to target high-performing crypto assets, then altcoins might be more suitable for your risk appetite when compared with Bitcoin.
Easy to Diversify
Another major benefit of adding the best altcoins to your portfolio is that you can easily diversify to help mitigate the risk of loss. This is something that most traders and investors adhere to when learning how to trade cryptocurrency.
Sure, on the one hand, the cryptocurrencies market often moves in sync with one another, meaning that when Bitcoin does well, so do altcoins. However, it also goes without saying that some altcoins have performed considerably better than others.
And as such, you can give yourself the best chance possible of choosing the best-performing altcoins by adding a wide selection of tokens to your portfolio.
This can be achieved easily when you use an online broker that not only offers small minimum investment requirements, but also a large number of supported markets.
For instance, at the SEC-regulated broker eToro, you will have access to dozens of leading altcoins at a minimum trade value of just $10 per token.
Many of the Best Altcoins to Invest in are Cheap
Another reason why Bitcoin – or even Ethereum for that matter, is somewhat unattractive to value investors is that these tokens are now trading for a huge amount of money.
After all, Bitcoin and Ethereum have since breached highs of approximately $68,000 and $5,000 respectively. This means that by investing a modest amount of money, you will likely only be able to purchase a tiny fraction of one token.
However, when researching the best altcoins for 2023, we came across a number of notable projects that still carry a low entry price.
- For example, we mentioned earlier that by investing just $100 into Shiba Inu, you can get yourself about 5 million tokens.
- Similarly, if you were to invest $100 into Basic Attention Token, this would get you over 800 tokens as of writing.
- In the case of Lucky Block, at current prices, a $100 investment would get you over 20,000 tokens
Crucially, although the price of an altcoin doesn’t dictate its total valuation alone, it can be a lot more attractive to invest in a cryptocurrency project that allows you to own a large number of tokens – as opposed to a small fraction.
Huge Upside Potential
Many experienced investors will also seek out the best altcoins in the market because in many cases, the upside potential can be huge.
For example, once you skip through the first few hundred projects in terms of market capitalization, you will come across thousands of altcoins that carry a valuation of less than $10 million. And as such, this means that the upside potential on these altcoins is going to be much higher than those that already have a large-cap status.
For instance:
- As of writing, BNB already has a market capitalization of over $60 billion.
- And as such, for BNB to generate a further 1,000% from hereon, it would need to surpass a valuation of $600 billion.
- Although arguably very possible, it remains to be seen how long it would take for BNB to reach a valuation of this magnitude.
At the other end of the scale, you have the likes of Lucky Block, which, as of writing, is carrying a market capitalization of just $192 million as per CoinMarketCap. This means that for the project to do 1,000% growth from here, it would only need a market capitalization of just under $2 billion.
Another thing to be aware of when buying low-cap altcoins is that those with a considerably small market valuation will be a lot more volatile. This is because of the fundamentals of market depth, which means that smaller-cap assets are easier to move in the market.
Innovation Outside of Financial Payments
We also like altcoins for the innovation that some projects have since introduced to the cryptocurrency sector. Sure, Bitcoin itself is revolutionary. But, the network is only able to facilitate global payments.
In the case of the best altcoins to invest in that we came across, some of the most notable projects offer the following:
- Lucky Block is revolutionizing the global online gaming sector by decentralizing gaming outcomes via smart contracts.
- Decentraland and the Sandbox both offer virtual 3D worlds that allow users to buy plots of land and real estate, and then sell these in the open market via NFTs.
- Cosmos is solving the issue of blockchain interoperability.
- Solana is looking to challenge Ethereum’s dominance of smart contracts, with super-fast, scalable, and low-cost transactions.
The above examples are just a few of many. The key point is that by investing in an altcoin that offers something different from the status quo, there is every chance that the respective token will perform well.
Risks of Buying Altcoins?
Now that we have covered the benefits of buying altcoins for your portfolio, it is only right that you also consider the risks. Some of the best altcoins to buy right now include AAVE, BNB, and ETH.
You likely know that crypto assets are volatile anyway – but the risk of loss can be significantly higher in the case of altcoins – especially those with a small market capitalization.
Synchronization With Bitcoin
We briefly mentioned earlier that the broader cryptocurrency markets often move in sync. And, at the forefront of this trend is Bitcoin – which dictates the performance of the wider altcoin scene.
For example, when many altcoins experienced represented gains in 2021, this was in conjunction with Bitcoin hitting new all-time highs. But, since Bitcoin has entered a bearish cycle, this has had a major impact on altcoins.
As such, no matter how good the objectives and roadmap targets you believe your chosen project offers, the performance of altcoins is often hindered by the sentiment of Bitcoin.
Extreme Volatility
As noted above, all digital currencies carry a high level of volatility – especially when compared to the traditional stock markets.
However, if you invest in altcoins with a small or medium market capitalization, the volatility that you experience can be extremely wild.
For instance, some of the altcoins that we came across initially experienced a rapid upward swing, before crashing back down to a price below the project’s launch valuation.
In fact, many of the best altcoins to invest in are now worth over 95% less than when compared to their prior all-time high. Ultimately, if you buy altcoins that experience similar depreciation levels, this can wipe out the vast bulk of your investment.
Scams and Rug Pulls
Another huge risk to consider before you buy altcoins for your portfolio is that of scams and rug pulls. The latter term refers to projects that are created with one sole intention – to scam early investors.
What often happens with rug pulls is that the project will collect funds during a presale launch, before pumping the respective altcoin artificially. In turn, this results in new investors jumping on board which further pumps the price northwards.
Eventually, altcoins that are looking to rug pull a project will dump their entire token allocation, which results in the value of the crypto asset dropping to near-zero levels.
This is becoming more and more popular in the altcoin space – so it is absolutely crucial that you do your research before proceeding.
This is one of the reasons why we think that Dash 2 Trade is one of the best altcoins to watch in 2023, not least because the project is backed by a transparent and experienced team, but because it will help users identify which new projects are worthy of investment and which are scams.
Where to Buy Altcoins
When deciding on where to buy altcoins for your portfolio, we would suggest exploring the following metrics before you open an account with your chosen exchange or broker:
- Is the platform regulated by a reputable licensing body such as the SEC?
- What altcoins does the platform give you access to?
- What fees and commissions will you need to pay to buy your chosen altcoins?
- Where does the platform stand in terms of customer service and supported payment methods?
- What is the minimum amount of money you will need to risk to buy altcoins at the platform?
Taking the above metrics into account, we found that eToro is the overall best place to buy altcoins in 2023. We explain why in the section below.
eToro – Best Place to Buy Altcoins in 2023
eToro is a our pick for the best crypto exchange that is ideal for investors of all skill sets. Opening an account here takes minutes – and the KYC verification process can be completed instantly. We like the fact that eToro is regulated by multiple bodies – including the SEC, ASIC, FCA, and CySEC.
This means that you can buy altcoins without needing to worry about the safety of your funds – which can’t be said for many exchanges in this space. US clients can deposit funds in USD without paying any fees. Crucially, this is the case not only with ACH and domestic bank wires but e-wallets like Paypal and even debit/credit cards.
And, if you’re a new customer from the US, you only need to deposit $10 to get started. In terms of supported altcoins, eToro lists dozens of leading crypto assets. For example, you can buy Dogecoin on eToro with a fee of just 1% which is then added to the tight bid-ask spread. This includes everything from Yearn.finance, Uniswap, Tron, and the Sandbox to Decentraland, BNB, and Compound coin. When you buy altcoins at this brokerage, the minimum stake is a mere $10.
You will also save on traditional trading commissions when you buy altcoins via the eToro website, as you only need to cover the spread. This starts at 0.75% on Bitcoin but will be ever-so-slightly higher when trading altcoins. We also like eToro for its diversification tools, which include professionally-managed portfolios that contain a wide range of altcoins. For example, you could invest in Ripple with competitive fees. For more details you might want to read our XRP price prediction to see how this exciting cryptocurrency could perform over the next few years.
This particular investment product will suit time-starved investors or those with little to no experience in performing technical analysis. eToro is also home to copy trading tools, so again, this will appeal to those seeking a passive investment experience. When it comes to customer service, eToro offers a live chat facility – so there is no need to wait around for an email reply.
We also like eToro of the free virtual portfolios that it offers to both new and existing clients. This comes pre-loaded with $100,000, which you can then use to trade altcoins in a risk-free environment. Once you have registered an eToro account, you might also consider downloading the iOS/Android app.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
How to Buy Altcoins
Looking to buy altcoins for the very first time? If so, you might need some guidance on how to complete your altcoin investment in a safe manner.
Read on for step-by-step instructions on how to buy your chosen altcoin today.
How to Buy $WSM – Step-by-Step Guide
To take part in the Wall Street Memes presale follow the brief steps below.
- Step 1 – Set Up Crypto Wallet: Investors will need a crypto wallet such as MetaMask or Wallet Connect.
- Step 2 – Buy ETH or USDT: Investors then need to purchase ETH or USDT and hold in in their wallet. This can be done on an exchange, on the wallet or on the Wall Street Memes website.
- Step 3 – Connect Your Wallet with the Presale: Next, visit the wallstmemes.com site, click on ‘Buy Now’ and connect to the platform with your respective cryptocurrency wallet.
- Step 4 – Buy $WSM Tokens: After the wallet is connected, click on ‘Buy WSM with ETH/USDT/BNB’. Enter the amount you wish to purchase (minimum 10 tokens) and click on ‘Convert’.
- Step 5 – Claim $WSM Tokens: $WSM can be claimed once the presale has been completed. Until then, they will be stored on the Wall Street Memes website.
How to Buy Altcoins on eToro
The other altcoins that we discussed on this page can be purchased from eToro at just $10 per trade. The investment process at eToro takes less than five minutes from start to finish – here’s what you need to do.
- Step 1: Register an eToro Account: Click on the ‘Join Now’ button and fill out the registration form that appears on your screen.
- Step 2: Deposit Funds: Choose your preferred payment type from a debit/credit card, online banking, or a supported e-wallet. Enter the amount you wish to deposit, from $10.
- Step 3: Search for Altcoin: Click on the ‘Discover’ button. Next, click on ‘Crypto’ and choose the altcoin you want to buy.
- Step 4: Buy Altcoin: Click on the ‘Trade’ button next to your chosen altcoin and an order box will appear. Enter your total investment stake from $10 and click on ‘open Trade’ to confirm.
Here’s a more detailed guide on how to buy crypto at eToro.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Conclusion
Altcoins offer the potential to make attractive returns on your cryptocurrency investments – especially when you consider that you’ve likely missed the boat on Bitcoin.
After all, Bitcoin has already surpassed a total market valuation of over $1 trillion, so returns will be somewhat limited when compared to smaller-cap altcoins.
$SPONGE is a hot new meme coin that has huge potential for the future, while ecoterra is building an eco-friendly recycle-to-earn project.
Our top altcoin is the new crypto presale project Wall Street Memes. It has a massive community of over one million followers, which has already shown its presale raised over $2 million in less than a week. The project has a proven track record, previously launching an NFT collection that sold out in 32 minutes and has just released a Bitcoin Ordinals NFT project too.
With this in mind, Wall Street Memes is perfectly positioned to explode during the next altcoin season.
Wall Street Memes (WSM) - Newest Meme Coin
- Community of 1 Million Followers
- Experienced NFT Project Founders
- Presale Live Now - wallstmemes.com
- Raised $300,000 on Launch Day