Fastest Growing Cryptocurrency 2023

‘Fastest growing cryptocurrency’ is typed into Google over a thousand times a month according to keyword data, and ‘fastest growing crypto’ four hundred times. The question is understandable as buying the right altcoins at the right times far outperforms just holding Bitcoin.

However, it also shows a beginner’s lack of patience and the desire to get rich quick with the next cryptocurrency to explode and ‘go to the moon’. Usually, retail investors buy the top of a bull run – meaning once they have a clear answer to ‘what is the fastest growing cryptocurrency’, it’s already the end of that coin’s bull cycle.

Dogecoin in May 2021 when Elon Musk went on SNL, Shiba Inu in October after that, and so on. In this guide, we will attempt to answer this question but also analyze whether it’s really the right way to approach investing in cryptocurrency.

Reviewing the Fastest Growing Cryptos

Our top list ranges from several coins that aren’t even yet tradeable on crypto exchanges to the two largest cryptocurrencies by market capitalization, including the oldest Bitcoin which has already increased in value by millions of percent. We’ll explain why:

1. Wall Street Memes – Soaring Meme Cryptocurrency, with More than $25 Million Raised on Presale

One of the fastest growing cryptocurrency assets in 2023 is Wall Street Memes ($WSM). The $WSM presale launched at the end of May and is now closing in on $30 million raised.

However, the presale is set to close on September 25 ahead of a hugely hyped IEO that will take place on a tier-1 centralized exchange.

Wall Street Memes has been around for a few years and has a well established social media following of more than 1 million people – which has helped the meme token grow rapidly in popularity.

In 2021, the creators of Wall Street Memes launched their own NFT project, the Wall St Bulls. This successful project managed to sell out 10,000 Ethereum-based NFTs during the first NFT drop in only 30 minutes.

After the success of the NFT project, the creators have moved on to launching the $WSM token. Through $WSM, Wall Street Memes aims to generate financial wealth for the internal ecosystem. While the $WSM token does not offer any intrinsic value, this community-driven project wants to attract a number of loyal investors who can help grow the value of $WSM.

In 2023, meme tokens have been among the most popular cryptocurrency assets. $WSM has an advantage over projects such as Pepe and Milady, since it has an existing community. From a total supply of 2 billion, 50% has been allocated for the ongoing presale, with the final stage price set at $0.0337 per token.

Wall Street Memes also offers robust staking rewards, with those who lock their tokens into the staking pool able to generate 65% APY at the time of writing.

After the exchange listing takes place, Wall Street Memes can potentially offer huge returns. Thus investors may prefer purchasing $WSM at the presale stage. To stay updated with the presale developments, join the Wall Street Memes Telegram channel.

2. Bitcoin BSC – Exciting Stake-and-Earn Crypto Offering 170% Staking APY, Over $3M Raised on Presale 

Bitcoin BSC ($BTCBSC) is quickly becoming one of the most popular presales in 2023 – just two weeks since the presale launch, Bitcoin BSC has raised more than $3 million and shows no signs of slowing down. 

One of the main reasons for this success is Bitcoin BSC’s staking mechanism, which has already seen more than 1.5 million tokens locked inside.

While the project is inspired by Bitcoin, it uses a proof-of-stake mechanism to offer staking rewards in the form of passive income. Unlike Bitcoin, which requires token holders to mine new tokens, the Bitcoin BSC network is more sustainable and rewarding. 

You can earn a higher passive income depending on the amount of $BTCBSC you stake and the number of tokens already staked on the ecosystem. At the time of writing, one can earn a 169% APY (Annual Percentage Yield) by staking this new cryptocurrency. Currently, 6.125 million tokens are available for the presale, all priced at $0.99. 

That APY will reduce as more tokens are locked in the pool, but it is still expected to outperform popular staking tokens such as Ethereum, Cardano and Solana.

The remaining token supply will gradually be released over 120 years, as the platform will follow Bitcoin’s block schedule. Due to the high demand that can be created due to the limited circulating supply, Bitcoin BSC can become a fast-growing cryptocurrency in the coming years. 

The cryptocurrency project aims to generate a market cap of $6,063,750 by the end of the presale. Interested investors can connect to the presale with a crypto wallet like MetaMask or Wallet Connect. With a minimum purchase of $10, you can purchase this cryptocurrency. 

Learn more about this project by reading the Bitcoin BSC whitepaper and joining the Telegram channel.

3. Launchpad XYZ – New Web3 Dashboard with Unique Features and Accessible Interface

Launchpad XYZ is a new blockchain startup that intends to be a humanized, central portal for Web3. Curated by an experienced team of experts, Launchpad XYZ’s user-friendly dashboard makes Web3 more accessible for new users while also acting as a fully-featured resource for those familiar with Web3.

The easy-to-understand platform offers data on coin prices and NFT markets, presale details, metaverse launches, and more. Key features include a decentralized exchange for token swaps and NFT trading, access to fractionalized assets, and insights into play-to-earn games in beta mode.

An interesting feature to note is the Launchpad XYZ Quotient (LQ). This number will indicate how successful a project might be based on a series of algorithms. Investors can look to this number when deciding whether or not an opportunity is worth the risk, making this a unique tool for users looking to make an informed decision.

Launchpad XYZ will offer a standalone Web3 wallet where users can sign up with just a mobile number or email. With this wallet, they can swap tokens, interact with DApps, and browse Web3 from anywhere.

Users that hold the $LPX token receive reduced fees and access to presale and NFT mints. For details about staking and more, read the Launchpad XYZ whitepaper. Users will need to secure 10,000 $LPX for all the benefits.

The team behind Launchpad XYZ admits there’s a lot yet to build on the platform. However, the team is experienced and the $LPX presale has now raised more than $1.7 million.

No other platform offers similar access to Web3, making Launchpad XYZ unique. It’s looking to be one of the fastest-growing cryptocurrencies of the year.

For more detailed information, read our in-depth review on how to buy Launchpad XYZ crypto and join the Launchpad XYZ Telegram group for the latest updates.

4. yPredict – New Crypto Analytics and Research Platform Using AI to Generate Predictions

yPredict is a crypto analytics and research platform offering insights and prediction models based on AI technology and highly experienced developers. This all-in-one ecosystem intends to be a reliable space for investors to make better financial predictions rather than rely on social media trends or other unreliable sources.

Currently in presale, $YPRED is the platform’s native cryptocurrency. It can be used within yPredict in exchange for insights and prediction models generated by a combination of AI and a team of top-rated experts. Several different models are available, each offering high-quality analytics.

A key feature of yPredict is that users who hold $YPRED tokens have free access to their analytics platform. In addition, they can buy predictive model subscriptions in the platform’s marketplace.

yPredict’s Learn to Earn feature enables users to earn tokens by taking cryptocurrency-based quizzes. Also in development is a Play to Earn rewards pool that allows investors to place bets on how certain assets will behave in the future, with $YPRED tokens awarded to the highest performers.

$YPRED tokens have a limited supply of 100 million and are minted on the Polygon blockchain. This is one of the most rapid-fire networks, leading to extremely fast transactions. Along with its many other unique features, this makes yPredict one of the fastest-growing cryptocurrencies of the year.

With a relatively high selling tax of 7% per transaction, yPredict promotes long-term holding. Of the 7%, 1% goes to liquidity, 1% to development, 2% to research, and 3% to marketing.

The presale has 80 million tokens allocated, with 100 million as the total supply. At the time of writing the price is $0.1 and set to rise to $0.12 by the final round, with a hard cap of at least $6.5 million.

Over $3.8 million has been raised in the presale. For more about the presale and other details, read the yPredict whitepaper. Interested investors can also read about how to buy yPredict cryptocurrency. Join the yPredict Telegram channel for the latest news and updates.

5. Scorpion Casino – Start a New Chapter of Financial Independence

Investors purchase a cryptocurrency in the hope of long-term or short-term value appreciation. That is great. But you know what is even greater? Assets that earn you passive income.

So, next on our list is SCORP, a crypto that earns passive income worth up to $10,000 for holders daily. It is the native token of the social gambling platform Scorpion Casino.

The platform breaks the barriers to the Casino industry with SCORP. It powers the ecosystem, by giving you access to:

• More than 30,000 betting opportunities monthly,
• 210 casino games,
• 160 live games,
• Sports betting events across football, tennis, American football, horse racing, basketball, golf, boxing, and MMA.

It is worth noting that Scorpion Casino only partners with major providers like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC. It’s a highly credible and regulated platform, licensed by Curacao EGaming.

The token’s unique use cases in the multi-billion dollar online gambling and betting industries make it an excellent investment this year. It has already secured a listing with one of the leading centralized crypto exchanges, as a result.

Join the presale now to book high returns later this year. Use the Exclusive Bonus Code Scorpion20 to get 20% extra tokens. It is available for a limited period only.

You could also consider joining the Elite Scorpion Members Club which gets you VIP service, cashback, extra staking rewards, and extra SCORP tokens at the presale.

6. BTC20 – Bitcoin-Inspired Cryptocurrency Built on Ethereum, Offering Staking Rewards and a 120-Year Vesting Period

BTC20 is a new cryptocurrency platform that is combining the best features of the Bitcoin and Ethereum blockchain. The $BTC20 token enjoyed a successful presale, where it raised $6 million in just two weeks.

The project then pumped almost 600% after launch and while the price has since settled, the long-term prospects look great. BTC20 still has a fully diluted market cap of more than $25 million, with 70% of the circulating supply locked in the staking pool – proving investor confidence in the long term.

In total, BTC20 has a token supply of 21 million, which mirrors Bitcoin and it also has a 120-year unlocking cycle, which copies BTC.

By building this cryptocurrency on the Ethereum blockchain, BTC20 is introducing a staking mechanism. By following the proof-of-stake (PoS) consensus, BTC20 ensures that token holders can stake and earn rewards on the cryptocurrency. Furthermore, Ethereum is considered a green cryptocurrency since it does not use as much energy as Bitcoin to complete transactions.

After a new block has been validated on the ecosystem, BTC20 lends out new tokens, which can be received by the staked token holders. Therefore, the token stakers can help to secure transactions and earn rewards simultaneously. The rewards earned are proportional to the staked amount.

This will help maintain the stability of the ecosystem while promoting long-term token holding from the investors. As seen with Bitcoin, the low token supply plays an integral role in pushing the price upwards. With the added benefit of the staking mechanism, there will be a limited number of $BTC20 tokens available in the space.

At the time of writing, the staking pool is offering an estimated APY of 60%.

For more information on this cryptocurrency, read the BTC20 whitepaper and join the Telegram channel.

7. Ethereum (ETH) – The Most Successful Altcoin, in a Long Term Uptrend

Since its ICO price of $0.31 in 2014, through to its valuation at around $10 in 2017 – when most people first heard of ETH – to its all-time high of $4,868 against USDT on Binance, Ethereum has been the most successful altcoin of all time.

Trading at around $1,500 in mid 2022, Ethereum is among the fastest growing cryptocurrency assets, and financial assets in general when measured over the past eight years.

Importantly it’s still in a clear long-term uptrend, having put in a strong bounce to recover to above its previous all time high on the high time-frame chart (monthly).

As mentioned cryptocurrencies can grow fast then give away all their gains and trend down for years – some altcoins die completely and never recover after one explosive pump. Few investors are skilled enough to sell the top, and end up ‘holding the bag’ all the way down hoping for the market to turn around.

To grow wealth long term, it’s important to keep a diversified portfolio and hold some of the best crypto assets that have stood the test of time, and are in a long term bullish uptrend. On the ETH/BTC pair, Ethereum has also been in a multi-year uptrend against Bitcoin since Sept 2019.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

8. Bitcoin – The Most Successful Cryptocurrency to Grow Wealth

Since launching at $0.0008 in July 2010, Bitcoin has traded as high as $69,000 – achieving the highest market capitalization of any cryptocurrency, and the fastest to reach a $1 trillion almost a tenth of the market cap of the Gold supply.

Part of the reason people type ‘what is the fastest growing cryptocurrency’ into Google is they believe they have missed the boat on BTC, and need to invest in ‘the next Bitcoin’ to really make money with cryptocurrency.

However many proponents of Bitcoin such as billionaire investors Tim Draper and the Winklevoss twins predict Bitcoin will one day reach $250,000 – $500,000 which would be 10-20x gain from its price in mid 2022, through steady growth. Some speculate it will be worth seven figures per coin.

Buying Bitcoin is a low risk option compared to some altcoins which ‘pump and dump’ and be hard to time the tops and bottoms of (unless investing at presale which is usually the bottom unless a project fails to deliver on its roadmap completely).

Similar to Ethereum, many expert crypto investors recommend holding at least 50% of your portfolio in Bitcoin to add stability and preserve capital to buy the dip if needed.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

9. Binance Coin – Bet On the House for Consistent Growth

Binance Coin is the native token of the highest trading volume crypto exchange in the world, and is the fastest growing cryptocurrency in terms of its relative performance versus Bitcoin since its inception.

The BNB/BTC chart shown below is the most bullish market structure in crypto – completely unaffected by the 2022 bear market. Holding BNB is analogous to betting on the house in a casino game – as long as cryptocurrency exists, Binance exchange will, and its native coin BNB will hold its value.

The Binance CEO Changpeng Zhao (‘CZ’) is now the 19th richest man in the world, with a net worth of $65 billion.

Binance Coin is the cryptocurrency used to pay fees on the Binance trading platform in return for a discounted fee structure, a simple utility that has seen it become the #5 crypto asset on CoinMarketCap and #3 if not counting the stablecoins Tether and USD Coin.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

10. Polygon – Top Cryptocurrency that can Conduct 65,000 Transactions per Second

Polygon (MATIC) is a new cryptocurrency network that is used for Ethereum scaling and development. The Polygon network uses ZK (Zero-Knowledge) Rollups, which is a Layer-2 solution that helps to validate cryptocurrency transactions at a faster pace. 

The Polygon network has the capability to handle 65,000 transactions per second, far greater than Ethereum’s average rate of 10 per second. MATIC, the native token, is used to validate all transactions on the network. After launching at a price of $0.00263, MATIC has provided investors with a high return on investment (ROI) of more than 32,800%. 

Since the start of 2023, MATIC has soared from a price of $0.75 to a current price of $1.49, a price jump of nearly 100%. Currently, MATIC is the 8th largest cryptocurrency in the world, with a market capitalization of more than $13.4 billion. Despite the huge growth MATIC has received, this fast growing cryptocurrency is still 49% below its all-time high.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

11. Floki Inu – Popular Meme Cryptocurrency Soaring in 2023

Launched in June 2021, Floki Inu (FLOKI) is a brand new cryptocurrency token that was named after Elon Musk’s new Shiba Inu dog. FLOKI, is at the center of the Floki Inu ecosystem,  which is working on several utility projects. 

Some of these include an NFT gaming metaverse, a marketplace and an educational platform called the ‘University of Floki’. In the last 30-days, this cryptocurrency is up by 300%. Part of the reason for this massive price hike is due to a recent tweet by Elon Musk, where he posted a picture of a Floki Inu dog. 

After struggling to provide any upwards momentum in 2022, Floki Inu is once again growing at a fast pace in 2023. Currently, the token is priced at $0.00004428 per token. Despite the recent price jump, FLOKI is 86% below its all-time highs. Therefore, investors may be interested in purchasing this cryptocurrency at a low price. 

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

How We Ranked the Fastest Growing Cryptos

These were the factors we considered in putting together a diversified portfolio of potentially fast growing cryptos, as growth can stem from many areas:

• How new a cryptocurrency is – new crypto coins have the most initial upside potential, especially ICOs and presales at their lowest price point
• How popular an asset class is – after their ‘metaverse summer’ run-up in 2021, metaverse crypto coins have remained popular
• Crossover with other industries – gaming and fantasy sports have mass appeal and interlink well with cryptocurrency and blockchain technology
• Performance in a bear market – Ever wondered what the best cryptos to buy during a bear market are? DappRadar on-chain metrics showed that metaverse coins held their value well through 2022
• Performance in a bull market – meme coins are the most popular among mainstream retail investors at the height of a bull cycle
• Utility – a use case like play to earn rewards offer holders an incentive to not sell, and allows sustainable growth over the long term
• Staking – the ability to stake crypto tokens for a high APY also reduces selling pressure and provides a secondary source of growth
• How well-established a cryptocurrency is – the best altcoins that have stood the test of time should continue to grow, as cryptocurrency is still low in total market cap compared to commodities like Gold
• Performance vs Bitcoin – if altcoins underperform BTC, then even if they rise in USD over time value their investors would’ve been better off just holding Bitcoin
• Backing – being associated with billionaires, exchanges, crypto venture capital investors, etc. improves investor confidence, or being a gold backed crypto
• Liquidity – being listed on several exchanges or having upcoming CEX listings gives more room for growth in a crypto asset

Some other high potential options are Solana – also backed by SBF and one of the fastest growing ecosystems in crypto – and Avalanche, the fastest smart contracts platform and considered by some to be the best blockchain.

Conclusion

There are many criteria that can result in a fast-growing cryptocurrency – investing in a diverse range of strong assets that meet several of the above considerations offers the best chance of rapid but also sustained growth.

Cryptos that have fast impulsive moves to the upside without building support, can crash just as quickly – remember to take profit by scaling out of a position slowly as PnL gains only exist on paper until they realized. One of the best cryptocurrency projects right now is Wall Street Memes, a meme project which has raised more than $25 million on presale.

However, the project will soon close its presale on September 25 ahead of a hugely anticipated IEO launch that could be among the biggest of 2023.

Wall Street Memes (WSM) - Newest Meme Coin

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