Although Bitcoin remains the Undisputed Crypto King, sometimes the cryptocurrency market
offers many alternatives which can turn out to be even more profitable.
But having over 20 thousand crypto projects makes it a little bit hard to make a proper decision.
That’s why we’ve come up with the best altcoins to buy in 2023.
How do we evaluate the best altcoins?
Of course, cryptocurrency investing is a tough niche, as many projects try to find a place under
the sun. Not many succeed, though. Let’s see our criteria:
- Crypto exchange exposure – it’s crucial for altcoins to get in front of the crypto users.
That adds more credibility and chances for a positive moment. For example, you can
buy Tron on multiple exchanges, which is why it will have better chances to make gains. - Real utility – many coins enter the market, and investors are going crazy. Yet, we don’t
believe in 100X success stories, as more often than not, these are plain rugpulls. - Room for growth – investors want to find projects that haven’t reached the plateaus.
That’s why all projects on the list have lots of opportunities waiting to be grabbed.
Top 5 altcoins to have a look on
So, you want to buy some interesting altcoins, but you don’t know which they are? Well, that’s
where we can enter the scene.
1. Dogecoin
Dogecoin is an amazing project that stands out among its meme rivals. With recent
developments like Twitter getting a license to accept crypto payments, there’s a growing
sentiment that Dogecoin ($DOGE) could experience a big pump.
We’re all on the edge of our seats and waiting for that big boom. Having the mysterious Elon
Musk as an outspoken backer does wonders, especially for meme investors who swarm around
internet trends like bees to honey.
In fact, Dogecoin holds the unique distinction of being the only listed meme coin to make our
list, and let us assure you, it’s well worth its spot.
2. HEX
HEX is an industry pioneer, serving as the world’s first blockchain Certificate of Deposit (CD).
It’s built on Ethereum, and the token is known as a deflationary cryptocurrency, which offers a
top-shelf opportunity for crypto stakers. Users lock up their assets to earn additional HEX
tokens, distributed based on stake size and duration.
The HEX calculator makes it easy to estimate what you can get for your fiat investment (usually,
in USD, but you can change the currency). Automated through smart contracts, the protocol
efficiently handles staking and token issuance. With its unique value proposition to multiply your
digital assets over time, we believe it’s worth a shot.
3. Wall Street Memes
If you fancy ICOs, Wall Street Memes should be on your radar. That isn’t just any token – it has
raised over $25 million in its presale alone, making it the best presale of 2023. It’s born from the
GameStop movement, showing to what extent the community can overcome greedy hedge
funds.
With a price point of just $0.0337, the potential for significant returns is evident. The project has
already amassed over 270,000 Twitter followers and is quickly becoming the next sweetheart
for meme fans.
Not to mention the crypto staking pool, which offers a staggering 50%+ APY rates. So, if you
want to explore new lands, $WSM is the perfect match.
4. Aave
Aave is the last altcoin on our list, but it’s a game-changer in the DeFi landscape. Built initially
on Ethereum and now available on multiple chains, Aave lets you lend and borrow digital assets
without a middleman.
Unlike traditional banking, smart contracts handle the nitty-gritty. $AAVE is up by more than
15% on a weekly basis by the time of writing the article, so it’s one of the hot assets in the
cryptocurrency market right now.
