In contrast to traditional investment markets such as the S&P 500 or Dow Jones, the broader cryptocurrency arena has generated significant returns over the past few years.

To explore this sentiment further, this guide will discuss the most profitable cryptocurrency to invest in right now.

The Most Profitable Cryptocurrency to Buy in 2023

After researching the digital asset market extensively, we found that the projects below represent the most profitable cryptocurrency to invest in today.

  1. AiDoge – A new crypto platform combining AI and memes in the early stages of presale. The project has raised almost $1 million.
  2. Launchpad – All-in-one Web3 dashboard with an accessible interface. More than $140,000 was raised in the early part of the presale.
  3. Ecoterra – A sustainability-based green crypto that rewards users for environmentally friendly actions such as recycling. Over $2 million has been raised.
  4. yPredict – New crypto analytics platform using the power of AI technology and human experts to create predictive models. More than $430,000 was raised during the presale.
  5. DeeLance – A crypto marketplace rivaling Upwork and Fiverr to bring together freelancers and employers. Over $444,000 was raised in the presale.
  6. Swords of Blood – A fast-growing and entertaining play-to-earn game with impressive graphics, fast-paced play, and built on the Polygon blockchain.
  7. Scorpion Casino –  An online social platform that provides more than 30,000 monthly betting opportunities, 210 casino games, and 160 live games.
  8. ScapesMania – Developer with a Binance grant has created a platform that offers crypto enthusiasts the earnings potential of the gaming market, valued at over $100 billion. The whitelist phase reached capacity, and the presale stage is now live.
  9. Tamadoge – Play-to-earn game based on 90s craze Tamagotchi that involves battles, breeding, and NFT ownership. It also allows users to earn rewards.
  10. Ethereum – An established crypto that is often to go-to blockchain for new tokens, and is thought to be worth just a fraction of its true potential.
  11. Decentraland – Crypto real estate metaverse with a 3-D virtual reality game in which users can build on plots of land.
  12. Cosmos – A growing crypto project that was created to offer a solution for blockchain interoperability, allowing different blockchains to share data.
  13. Bitcoin – The most profitable crypto of all time that still has the potential for enormous growth in the coming years.
  14. Dogecoin – An established meme coin with a huge jump in its online presence in 2021 following a series of tweets by Elon Musk.
  15. Shiba Inu – Designed to become the largest meme coin, the price multiplied by several million percentage points in 2021.

Read on to find out why we found that the above projects could be the most profitable cryptocurrency to buy this year.

A Closer Look at the Most Profitable Cryptos to Invest in

Never before has there been a better opportunity to add some of the best cryptocurrency projects to an investment portfolio.

The reason for this is that since the turn of 2022, the cryptocurrency space has seen a correction. While Bitcoin recovered in early 2023, it is still over 50% off its all time high hit in 2021. As such, there are many profitable cryptocurrencies to invest in at a major discount, when compared to prior ATHs.

In the sections below, we take a close look at the most profitable cryptocurrencies to trade in 2023.

AiDoge is a new cryptocurrency platform focused on two of the most popular niches at the moment – memes and artificial intelligence. These two spaces have exploded in popularity lately, with coins such as The Graph, Singularity, and PepeCoin. However, AiDoge stands apart in that it offers a product with actual utility in its meme generation.

On the AiDoge platform, memes are generated with user text prompts. Using the latest in AI technology, these get turned into one-of-a-kind memes that are shared and voted on via the platform’s public wall. Users need to secure $AI tokens in order to create, share, and vote on memes. The highest performers are rewarded with tokens – as well as attention, as each meme is backed by a unique NFT with proof of the originator.

AiDoge Crypto

This meme generation feature is a unique take on the crypto space, making AiDoge potentially one of the most profitable cryptocurrencies of the year.

$AI tokens are currently in the presale stage and on sale for just $0.000026 USDT, with a price increase through the presale. The AiDoge whitepaper states that there will be a total of 1 trillion tokens created, 50% of them allocated in the presale. Tokens can be used to generate memes, allow users to vote on which memes are winners, and be staked for credits.

The team behind AiDoge has remained anonymous. However, it is speculated that the team consists of the same people behind other viral crypto projects. It’s also not uncommon for core team members to remain anonymous, as with original Bitcoin whitepaper author Satoshi Nakamoto.

AiDoge staking

For those who missed the hype surrounding PepeCoin, it’s still early enough to get in with AiDoge. The presale will have 20 stages and, so far, AiDoge has raised nearly $1 million. For more details about how to buy AiDoge, read our in-depth guide.

To stay on top of news and updates, join 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

2. Launchpad – Revolutionizing the Web3 Space with a Simple and Accessible Dashboard

Launchpad is a new project aiming to revolutionize the Web3 space with an all-in-one, user-friendly dashboard. The goal of Launchpad’s team is to help investors at every level make smart decisions with a more accessible, easy-to-navigate Web3 platform. Launchpad is set to be all things Web3 in one central place.

Some of the core features in development include a decentralized exchange, access to fractional assets, play-to-earn games in beta mode, and exclusive access to private ICOs. Users will receive insights and analytics regarding cryptocurrencies as well as tools unique to the platform including the Launchpad Quotient (LQ).

Developed to create an easy way for traders to make informed decisions, the LQ is a risk-reward score created with AI and derived from over 400 data points. This tool is just one way that Launchpad intends to make investing more accessible, especially to those new to the Web3 space.

Launchpad Web3

Other unique features include an AI search box where users can inquire about the best new cryptocurrencies to buy, NFT mint whitelisting, and a standalone Web3 wallet. To access the wallet, Launchpad users only need to provide a phone number or email address. They will then be allowed to swap tokens, interact with DApps, and access Web3 from anywhere in the world.

Users can stake the $LPX token for exclusive features including access to reduced fees and ICO and NFT mint alerts. However, to access these features, a minimum of 10,000 $LPX must be staked for 90 days. The Launchpad whitepaper provides details about staking and more.


Launchpad has minted 1 billion $LPX tokens and the presale will sell a quarter of these, or 250 million. The presale is held directly on Launchpad’s website, so no third party exchange is required. No minimum investment is necessary.

For those interested in learning more about how to buy Launchpad crypto, read our in-depth guide. You can also join the Launchpad Telegram group for the latest news and updates.

Presale Started 27 April 2023
Purchase Methods ETH, USDT, Transak
Chain Ethereum
Min Investment None
Max Investment None

3. Ecoterra – Sustainable Crypto with Huge Potential for Businesses

Ecoterra is a green crypto project focused on recycling. The project offers recycle-to-earn rewards that incentivize both individual consumers and businesses to reduce the amount of waste they send to landfills.

At the heart of Ecoterra’s recycle-to-earn system is its Web3 app. Users who have bottles, cans, or other recyclable packaging material can scan the material’s barcode using the Ecoterra app. Ecoterra will match it to packaging in its built-in database and calculate a reward in $ECOTERRA tokens. Then, users just need to recycle their materials at a reverse vending machine and scan their receipt using the Ecoterra app to claim their tokens.

ecoterra scan and earn

Users can hold onto their $ECOTERRA tokens as an investment, but they can also use them to reduce their carbon footprint. Ecoterra’s app offers a carbon offset marketplace where users can spend $ECOTERRA to buy carbon credits. The credits are backed by green energy projects like solar and wind farms. All credits are issued by trustworthy carbon registries.

Businesses can reduce their environmental footprint by buying and selling recycled materials through Ecoterra. This is an easy way for businesses to reduce the amount they spend on packaging while also keeping waste out of landfills.

Consumers can keep an eye on all of the sustainability actions a business takes through public impact profiles. So, sustainability-focused companies have an opportunity to stand out on Ecoterra.

The $ECOTERRA token is available now on presale at a price of only $0.00625. That’s 60% below the planned listing price of $0.010, so early investors have potential profits baked into their purchase.

Presale Started March 29, 2023
Purchase Methods ETH, USDT, Transak
Chain Ethereum
Min Investment N/A
Max Investment N/A

4. yPredict – New All-in-One AI Ecosystem Offering Predictive Models

yPredict is a new crypto analytics platform using the power of artificial intelligence and human intelligence combined: insights from AI technology and top-rated developers work together to create powerful predictive models, giving more clarity to investors about financial markets.

Traders can use the $YPRED token, currently available in presale, to earn staking benefits, access discounts on analytical tools, and obtain various prediction models. yPredict is unique in that it has several different AI models that have been generated by some of the top developers and quants in the world, several of whom hold PhDs.


In development is a Learn to Earn feature, which will give users the opportunity to test their knowledge of cryptocurrency, earning $YPRED tokens as a reward. There are also Play to Earn games where users can bet on the future performance of assets, and also be rewarded in the form of tokens.

yPredict has unique staking benefits with $YPRED in that the token can offer up to a 45% APY quarterly, which is higher than many other coins. Additionally, yPredict will distribute 10% of each new subscription to users through its staking pool. There will also be a swap fee on $YPRED transactions – 15% of the fee will be shared with holders of $YPRED via the staking pool.

ypredict signals

yPredict has a limited supply of 100 million tokens and 80 million of these will be sold in the presale for $0.03889, eventually rising to $0.045 upon the exchange listing. With yPredict’s unique features and dedication to AI prediction models, it’s looking to be one of the more profitable cryptocurrencies of the year.

The tokens are minted on Polygon, one of the fastest blockchains. Polygon is also quite scalable and offers an excellent developer experience. Read our detailed guide for more information about the presale, the platform, or just how to buy yPredict cryptocurrency.

Read the yPredict whitepaper for more in-depth details and join the yPredict Telegram channel for the latest news and updates.

Presale Started Q1 2023
Purchase Methods MATIC, ETH, BNB, USDT, Card
Chain Polygon
Min Investment 200 YPRED
Max Investment N/A

5. DeeLance – Freelance Marketplace Taking on Upwork and Fiverr

DeeLance is a decentralized freelance marketplace built on the blockchain. It’s taking on established incumbents like Upwork, Fiverr, and Freelancer – companies that collectively are worth more than $3 billion in a market that’s growing rapidly.

DeeLance has a ton of blockchain-enabled features to help it stand out. But perhaps the most important selling point that will get businesses and freelancers to switch from the marketplace they already use is its pricing structure. DeeLance offers the lowest fees for businesses of any major freelance platform – just 2% per contract – and highly competitive rates for freelancers. Freelancers can also get paid in crypto, which allows them to save money on banking and foreign currency conversion fees.

DEELANCE Freelance Marketplace

DeeLance leverages the blockchain to offer a highly scalable and automated dispute resolution system. It also ensures the seamless transfer of intellectual property at the end of each contract by tokenizing deliverables into NFTs. This way, businesses can be certain that they fully own the work they paid for.

This platform is also building a first-of-its-kind metaverse for freelance work. Businesses and freelancers will be able to hold meetings in virtual space, set up offices, and even buy land. The DeeLance metaverse will be highly collaborative and productive, enabling freelancers to land more and higher-paying work.

All transactions within the DeeLance metaverse will require the project’s native $DLANCE token, which is on presale now. This promises to be a token that explodes after its exchange listing, so investors won’t want to wait to get their hands on it. $DLANCE is currently available for $0.025 USDT – 112% below the planned listing price of $0.053 USDT.

Presale Started March 30, 2023
Purchase Methods ETH, USDT, Transak
Chain Ethereum
Min Investment N/A
Max Investment N/A

6. Swords of Blood – Fast-growing Play-to-earn Game Built on Polygon

Swords of Blood is a new play-to-earn crypto game built on the Polygon blockchain. It’s garnered a lot of attention from gamers, who are excited about the platform’s impressive graphics and fast-paced play.

Swords of Blood is set in the world of Ezura, where an army of monsters led by The Betrayer has taken over the land. Players can fight back as dungeon crawlers, battle mages, warriors, and monster bounty hunters, collecting valuable NFTs as they explore Ezura.

Swords of Blood

One of the best things about Swords of Blood is that there are so many different ways to play. The game offers a campaign mode, a player-vs-player mode for up to 16 players, a monster fortress, boss mode, daily dungeons, and events. Between all these different modes and the wide variety of characters available in Swords of Blood, players will always have new ways to explore the game.

Swords of Blood offers players rewards in the form of $SWDTKN in addition to NFTs. Players can spend $SWDTKN to upgrade their weapons and equipment, thus preparing themselves to take on ever-harder dungeons with even larger rewards.

$SWDTKN is available now through the Swords of Blood presale. Presale investors will get first access to the game, giving them the best chance of discovering NFTs and earning early in-game rewards.

Presale Started April 8, 2023
Purchase Methods ETH, USDT, USDC, DAI
Chain Polygon
Min Investment N/A
Max Investment N/A

7. Scorpion Casino – Become an Independent Bookmaker Without a Large Initial Capital

Scorpion Casino is a pioneering online social gambling platform that breaks the barriers to the Casino industry. For new entrants without godfathers, launching a casino can take around six months and $2M in capital. Scorpion Casino simplifies it. Anyone without access to significant capital, contacts, or experience can use SCORP to step into the industry.

That makes Scorpion Casino one of the best crypto projects of 2023. SCORP fuels the ecosystem, by giving you access to more than 30,000 monthly betting opportunities, 210 casino games, and 160 live games. This is made possible by joining forces with major providers like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC.

You can also bet on major sports events across football, tennis, American football, horse racing, basketball, golf, boxing, and MMA via the platform.

SCORP holders are eligible for daily passive income worth up to $10,000. Even if you’re holding the token for a long duration, its value will remain healthy, ensured by the deflationary burning mechanism of the platform.

Due to the project’s high relevance in the multi-billion dollar online gambling and betting industries, SCORP presale investors are set for large returns this year. The fact that the token has already secured a listing with one of the leading centralized crypto exchanges strengthens its credibility. Moreover, Scorpion Casino is licensed by Curacao EGaming.

Join the Elite Scorpion Members Club for extra rewards, VIP service, cashback, extra staking rewards, and extra SCORP tokens at the presale.

(Use the Exclusive Bonus Code Scorpion20 to get 20% extra tokens. Available for a limited period only)

Token symbol SCORP
Presale supply 200,000,000 SCORP
Token type BEP-20
Payment methods ETH, USDT, BNB
Listing price

8. ScapesMania – A Platform With a Blend of Casual Gaming and Blockchain With Rewards

ScapesMania is a gaming platform with a clear vision: To combine the financial rewards of blockchain with the casual gaming industry’s mass appeal. Its mission is to cater to two audiences: crypto enthusiasts and casual gamers.

This project makes a bold statement by declaring itself “Not Play-to-Earn.” ScapesMania identifies the challenges within the Play-to-Earn market and seeks to overcome them, aiming to build a sustainable project resistant to the hype or pyramid schemes that often plague the crypto world.


In its presale stage, ScapesMania’s native currency, $MANIA, is offered for 0.002 USDT per token at press time. With a price increase in the following stage to $0.003 USDT, early buyers can capitalize on this upside opportunity. Furthermore, ScapesMania also provides a potential bonus of up to 25% on purchases of $MANIA.

ScapesMania’s business model is an innovative fusion of the casual gaming market (Web2) and blockchain (Web3). It harnesses the strength of blockchain crowdfunding to create games that engage gamers while offering enthusiasts the chance to influence the development and reap benefits.

According to the ScapesMania whitepaper, it’s a game that introduces players to a story, mini-games, and the prospect of customizing their own house and garden.

Contrary to typical gaming platforms, ScapesMania shifts the power dynamics, placing authority in the hands of the players. This democratization of power through Decentralized Autonomous Organization (DAO) governance is one of ScapesMania’s distinguishing features.


It’s noteworthy to mention the project’s unique AI content generator and in-game AI assistant, tier-1 BNB grant-winning developer, and presence on the App Store & Google Play, among other features.

ScapesMania has also created a robust tokenomics model, ensuring the fair distribution of its total supply of 4 billion tokens. Of the total amount, a significant 30% (1.2 billion) is set aside for presale and a similar amount for Reserve/New Games DAO Grant.

Users can join the ScapesMania announcement channel on Telegram to stay updated with the most recent information.

9. Tamadoge – Play-to-Earn Pet Game With Battles, Breeding, and NFT Ownership  

Tamadoge is building a metaverse ecosystem that will support gaming and NFT ownership. The overarching concept with Tamadoge is that it allows players to mint pets – each of which will be unique from the next.

This is because each Tamadoge pet – which is backed by an NFT, will possess different traits and characteristics. This means that some Tamadoge pets will be rarer than others and thus, in theory, this will be reflected in their market valuation.

Upon minting a pet, the Tamadoge ecosystem enables players to battle with each other. The winner of each respective battle will result in the player earning rewards. This will be distributed autonomously via the Tamadoge crypto token – TAMA.

Another stand-out feature that the Tamadoge team is working on is the ability for players to breed their virtual pets.

This will result in a new pet NFT being minted, with its own unique traits. We also like that Tamadoge, as per its roadmap, will be building a mobile app, in addition to creating immersive experiences via augmented reality and the metaverse.

Although Tamadoge describes itself as a meme coin, it is clear that the team of ambitious developers has much grander plans.

After raising $19 million during its presale, TAMA was launched on exchanges and reached an all-time high (ATH) of $0.19 in October – a price increase of more than 530% from the list price and nearly 2,000% from the early presale price.

The Tamadoge Pet NFTs also became the top trending collecting on OpenSea when they launched, with the game set for release in 2023.

Currently, TAMA is listed on OKX and over a dozen other crypto exchanges. Recently they announced another tier one exchange listing will take place on April 27th which could see the price grow.

10. Ethereum – Smart Contract Blockchain Worth Just a Fraction of its True Potential

Unlike the newer projects we picked out for profit potential, Ethereum is an established cryptocurrency that already possesses a multi-billion dollar market capitalization. Nonetheless, it could still be one of the most profitable cryptocurrencies to invest in right now. When Ethereum conducted an ICO in 2014, it sold its ETH token for just over $0.30.

Considering that Ethereum hit an all-time high of almost $5,000 in late 2021, this translates into gains of over 1.6 million percent. Although the probability of Ethereum achieving similar gains again is unlikely, the upside potential of this digital currency is still arguably very high.

In the short-to-medium term, Ethereum appears to have found a base at the $1,500 level. This means that if and when Ethereum regains its prior all-time high, this would offer an upside of approximately 230%. With that said, there is a lot to like about the future prospects of this project.

First and foremost, it is important to remember that there are now thousands of ERC-20 tokens. These are crypto tokens that have been built on top of the Ethereum framework. This shows that Ethereum is often the go-to blockchain for newly launched tokens. Notable examples of successful ERC-20 tokens in this space include Shiba Inu, Decentraland, and the Uniswap.

Moreover, Ethereum will eventually upgrade to a proof-of-stake consensus mechanism. This will reportedly reduce transaction fees by a considerable amount and subsequently make Ethereum even more attractive for new projects. The proof-of-stake upgrade will also make Ethereum more scalable, with a target throughput of 100,000 transactions per second.

Read More: Learn how to buy Ethereum from $10 with a regulated, low-fee broker

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

11. Decentraland – Real Estate Metaverse With Vast Virtual Worlds

Many market commentators argue that Decentraland could become one of the most profitable cryptocurrencies to buy right now. In particular, this will suit investors that are in the market for the best metaverse crypto coins. For those unaware, Decentraland has built a vast virtual world that offers a real glimpse into the potentialities of the metaverse.

Upon registering an account and creating an avatar, users can explore Decentraland and engage with immersive experiences. In addition to socializing with other users, Decentraland hosts everything from virtual concerts and casinos to NFT games. The reason that this is possible is that land within the Decentraland metaverse can be purchased.

Then, the user can do whatever they see fit with the land, such as build a hotel or create a poker hall. Each plot of land within Decentraland is represented by a unique NFT, which proves ownership on the Ethereum blockchain. Each NFT can be stored in a crypto wallet or even traded at an online marketplace.

decentraland price

Those that do not wish to buy virtual plots of land can still invest in Decentraland via its native token – MANA. This token is perhaps one of the most profitable cryptocurrencies to buy considering the discount on offer. After all, as of writing, MANA is trading at a price 85% less than the prior all-time high it achieved in late 2021.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

12. Cosmos – Growing Crypto Project Making Blockchain Interoperability a Reality 

The next project to consider on our list of the most profitable cryptocurrency to buy is Cosmos. In a nutshell, Cosmos was created in 2019 to offer a solution for blockchain interoperability. The main idea is that interoperability enables two or more blockchain protocols to communicate with one another, even if the underlying network utilizes different coding and consensus mechanisms.

For instance, while Solana and Ethereum are independent blockchains, Cosmos will enable the two to share data without needing to utilize third-party ledgers. As such, Cosmos is looking to build the ‘internet of blockchains’ – something that many from within this industry could sit at the heart of Web 3.0.

To gain exposure to the Cosmos project can be achieved by investing in ATOM tokens. ATOM trades at a variety of online exchanges and as per its discounted price, could be one of the most profitable cryptocurrencies to trade right now. As of writing, ATOM is trading over 75% lower than its prior all-time high.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

13. Bitcoin – Most Profitable Cryptocurrency of All Time

Not only is Bitcoin the first digital asset to enter this space, but it is also the most profitable cryptocurrency of all time. When Bitcoin was launched in 2009, the concept of blockchain technology was known by very few people. As such, it was possible to obtain Bitcoin simply by connecting a basic GPU to a desktop device.

Therefore, it took several years for Bitcoin to even trade at $1 per token. Fast forward to late 2021 and Bitcoin surpassed a value of $68,000. This means that in just over a decade, the value of Bitcoin increased by many millions of percentage points. Since hitting its prior all-time high, Bitcoin has dropped to lows of just over $19,000.

Those buying Bitcoin at this pricing level will arguably do well to HODL long-term. In the medium-term, should Bitcoin once again surpass $68,000, this would offer an upside of nearly 260%. With that said, many market commentators still argue in the coming years, Bitcoin will exceed a value of $100,000 and perhaps never look back.

All in all, the growth potential of altcoins remains to be seen. But, Bitcoin is viewed as the de-facto cryptocurrency in this space, with hallmarks of a store of value like gold.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

14. Dogecoin – Meme Coin With a Huge Online Following

In order for a cryptocurrency to become profitable for investors, it often needs to generate significant hype. After all, the cryptocurrency space is now oversaturated, with more than 20,000 tokens in circulation as per CoinMarketCap. With this in mind, Dogecoin is perhaps a cryptocurrency to keep an eye on considering its huge online following.

Dogecoin was launched way back in 2013, which makes it one of the most established tokens in this market. Back then, CoinMarketCap notes that Dogecoin was trading at just $0.0002 per token. The project came to life in early 2021 when Tesla CEO Elon Musk endorsed Dogecoin through a series of Tweets.

dogecoin price

This resulted in Dogecoin going on an unprecedented run, with the token peaking at $0.74 later in 2021. This means that when compared to its 2013 price, Dogecoin increased in value by nearly 370,000%. Interestingly, although Tesla recently sold 75% of its Bitcoin holdings to raise capital, it did not sell any of its Dogecoin.

As of writing, Dogecoin is trading at a discount of over 90%, when compared to its high of $0.74. As a result, those looking to jump on the Dogecoin hype-waggon can do so at a highly attractive entry price.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

15. Shiba Inu – Gains of Several Million Percent Since Launching in 2020

Shiba Inu is another option to consider on our list of the most profitable cryptocurrency to trade. This is one of the newest projects that we will discuss today, with Shiba Inu launching as recently as August 2020. Although Shiba Inu was designed with the simple purpose of becoming the largest meme coin in this space, the token has generated significant gains.

Not only in terms of its token value but Shiba Inu is recognized by the masses. It is for this reason that Shiba Inu is listed by virtually all tier-one exchanges and even SEC-regulated brokers like eToro, Webull, and Robinhood. According to CoinMarketCap, Shiba Inu was initially trading at $0.0000000005 per token back in 2020.

shiba inu price prediction

In late 2021 – just 15 months after launching, Shiba Inu hit highs of over $0.00008. This amounts to end-to-end gains of over 15 million percent. In a similar nature to most of the cryptocurrencies that we have explored so far, Shiba Inu has since seen its value retreat as per the bear market. As of writing, Shiba Inu can be purchased at a discount of 85% compared to its prior all-time high.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

How We Choose the Most Profitable Cryptocurrencies

While most cryptocurrencies have witnessed a major pricing correction since the bear market began, knowing which projects to invest in is still a challenging undertaking.

To help clear the mist, below we explain how we personally choose the most profitable cryptocurrency to trade.

Project Concept and Roadmap

The most important step to take when searching for the most profitable cryptocurrency is the concept of the project:

  • For example, when Bitcoin was created in 2009, it become the world’s first decentralized payment system based on blockchain technology.
  • Since then, millions of people around the world have performed at least one Bitcoin transaction, and the digital asset has even surpassed a market capitalization of $1 trillion.

In addition to exploring the concept of the project when searching for the most profitable cryptocurrencies, it is also wise to research the roadmap.

This will enable the investor to assess whether the project is on course to meet the targets that it set out in its original whitepaper.

Focus on Solid Projects With a Huge Discounted Price

One of the most effective ways to find profitable cryptocurrencies is to look for solid projects that have witnessed a huge decline in valuation as per the bear market.

For example, Ethereum was trading at nearly $5,000 before the bear market came to fruition. While prices have recovered slightly, Ethereum hit lows of just under $1,000 in the first half of 2022.

Therefore, those buying Ethereum at this price could be looking at a medium-term upside of approximately 400%, should the token regain its prior highs.

Number of Token Holders

An effective way to find the most profitable cryptocurrency to invest in is to assess how many holders the token has. This simply means the number of individual wallets that hold the token in question.

For example, we recently mentioned that Shiba Inu has a huge online following, which is supported by more than 1 million individual token holders. And, the larger the community a project has, the more exposure it can generate to the masses.

Crucially, if a cryptocurrency has a large market capitalization but only a small number of holders, this could mean that the majority of tokens are either held by the team or a group of whales. These projects should be avoided.

Previous Bear Markets

Many of the most profitable cryptocurrencies that we have discussed today are yet to experience a bear market. However, established projects like Bitcoin, Dogecoin, and Ethereum have gone through several bear markets to date.

Each of the aforementioned projects has since recovered its bear market losses and gone on to generate new all-time highs. Therefore, there is every chance they will do the same again once the market recovers.

Best Time to Buy Cryptos for the Highest Profit

In addition to finding the most profitable cryptocurrency to buy, investors will also need to consider the best time to make a purchase.

After all, timing the market well offers the best opportunity possible to gain exposure to quality cryptocurrencies at a discount.

Here’s what to consider when assessing the best time to buy cryptocurrency for the highest profit:


Make no mistake about it – one of the most effective ways to buy a cryptocurrency for maximum gains is to purchase the token during its presale.

For those unaware, presales enable newly launched cryptocurrency projects to raise capital from investors. And, in return for offering capital while the project is still young, presale prices are often highly favorable.

For instance, as we noted earlier, the Ethereum fundraising campaign in 2014 priced ETH at just $0.30 for early investors.

Enter the Market as Early as Possible if the Presale was Missed

Presales will often come and go in a flash. The reason for this is that presales are limited in the number of tokens that can be sold. Once this hard cap has been missed, investors will either need to wait for the main ICO or an exchange listing.

Nonetheless, those missing out on a presale can still enter a favorable position by purchasing the token early. After all, if the presale does well, then there is every chance that the value of the token will increase once it hits a public exchange.

Bear Market

One of the best times to buy cryptocurrencies for the highest possible gains is during an extended bear market. On the other hand, some investors will look for the next crypto bull run coins to get in early before the hype.

  • As we have discussed throughout this page, some of the most profitable cryptocurrencies to buy have witnessed a bear market correction of at least 70%.
  • Some projects, like Shiba Inu and Decentraland, have since traded at a discount of 85% when compared to their prior all-time highs.
  • Crucially, even the most solid of projects with strong fundamentals have seen the value of their token collapse by a considerable amount.
  • This is of no specific fault to the individual project. Rather, bear markets – just like in the stock trading industry, being virtually all cryptocurrency tokens down.

From an investment perspective, this offers a great opportunity to build a portfolio of high-grade crypto tokens at an attractive entry price.

Market Corrections

Market corrections are different from bear cycles, insofar as they are more short-lived.

A market correction typically happens when a cryptocurrency has witnessed a prolonged upward swing, and investors are looking to cash out their gains. But, as the dip is only temporary, oftentimes the cryptocurrency will then continue its bullish trajectory.

bitcoin market correction 2021

For example, in September 2021, after enjoying a prolonged bull trend, Bitcoin went from $51,000 to $41,000 in the space of a few weeks. This represents a market correction of nearly 20%.

However, after the correction was confirmed, Bitcoin then went from $41,000 to generating new all-time highs of over $68,000. This means that those entering the market during the correction would have been looking at gains of over 65%.


This guide has reviewed and ranked the most profitable cryptocurrencies to invest in right now. We have considered cryptocurrency projects with solid fundamentals and a cost price that seems too good to turn down – as per the current bear market.


What is the most profitable crypto to buy?

Which cryptocurrency has the best future?