11 Best Cryptocurrency to Invest in 2023 - Which Crypto to Buy Today
One of the most effective strategies when searching for the best cryptocurrency to invest in is diversification. This means gaining exposure to a wide range of projects across various markets and use cases.
This article helps clear the mist by discussing the 11 best cryptocurrencies to invest in 2023.
List of the Best Crypto to Buy Now
Before analyzing our top 11 projects, here’s an overview of the best crypto to invest in now:
- Love Hate Inu - Overall Best Vote-2-Earn Meme Crypto to Buy Right Now
- Fight Out - Earn Real-World Rewards Through a Blockchain-Based Fitness App
- C+Charge - Carbon Credit Incentivization for EV Charging Payments
- RobotEra - Build and Own a Piece of the Metaverse Through Virtual Real Estate
- Ethereum - Smart Contract Ecosystem for Thousands of Blockchain Projects
- AAVE - Decentralized Ecosystem for Lending, Staking, and Borrowing
- Bitcoin - Most Popular Crypto to Buy for Long-Term Value
- Stellar - Fast and Cheap Cross-Border Transactions via a Scalable Network
- Ripple - International Payment System for Financial Institutions
- PancakeSwap - Leading DEX for Trading BSc-Backed Tokens
- Neo - Established Blockchain With Premium Smart Contract Services
Best Cryptocurrency to Buy Today - Full Analysis
Factors such as use cases, market capitalization, roadmap objectives, and upside potential should be considered before investing in a cryptocurrency.
Here’s our analysis of the 11 best crypto to invest in 2023.
1. Love Hate Inu - Overall Best Crypto to Buy Right Now
We found that the best crypto to invest in 2023 is Love Hate Inu. Backed by its native LHINU token, this project is looking to revolutionize the global voting industry. Love Hate Inu will achieve this goal through web3 technologies, such as blockchain, smart contracts, and tokenized rewards.
The concept being developed is known as vote-to-earn. As the name implies, those taking part in Love Hate Inu votes will receive rewards - paid in LHINU tokens. Votes will cover a wide range of topics, from elections and sporting events to entertainment and social issues. In fact, LHINU holders even have the opportunity to create their own polls.
Each pool is represented by a fun and colorful backdrop, which makes it appealing to share on social media. The Ethereum blockchain backs the move-to-earn mechanism on the Love Hate Inu platform. This means that polls can be guaranteed for their fairness without revealing the identity of each user.
Moreover, the underlying smart contract ensures that the voting process is automated in a trustless environment. Unlike other earning-centric projects in the crypto space, Love Hate Inu has developed a sustainable model. For instance, users will need to stake LHINU tokens to access Love Hate Inu votes.
In doing so, users will earn rewards in two ways - through staking income and by voting on verified polls. Staking also prevents too many users from selling LHINU tokens at any given time. Furthermore, Love Hate Inu will also be securing partnerships with global brands that wish to run opinion polls.
Brands will pay for the pleasure of launching a poll and the proceeds will be split proportionally with current LHINU holders. Although Love Hate Inu and its LHINU token have real-world utility, the project is also considered a meme coin. The reason for this is that Love Hate Inu has already attracted a vast following in the crypto arena - especially on social media.
This means that Love Hate Inu has every chance of going viral super quickly, in a similar way to other meme coins like Tamadoge and Dogecoin. Those wishing to invest in the vote-to-earn concept will be pleased to know that Love Hate Inu has just launched its much-anticipated presale. Investors can buy LHINU tokens right now at a discount.
For example, each LHINU token is being sold for $0.000085 but this will increase to $0.00009 in the coming days. Price increases will continue throughout the presale. Once the presale concludes, Love Hate Inu has confirmed a listing price of $0.000145 - which is 70% above the current presale offering. 90% of the total supply will be sold, preventing the risk of a rug pull. To learn more about this exciting new meme coin read the Love Hate Inu whitepaper and join the Telegram group.
2. Fight Out - Earn Real-World Rewards Through a Blockchain-Based Fitness App
Diversification is key when searching for the best cryptos to buy - so another niche we like the look of is move-to-earn. This concept is being revolutionized by Fight Out - which is building an ecosystem that will reward users for working out. Just like Love Hate Inu, Fight Out will achieve its goals by incorporating a range of web3 technologies.
For example, users will access the Fight Out ecosystem via a mobile app, which runs in conjunction with the Ethereum blockchain. As each workout is completed by the user, rewards will be paid in REPS - an ERC-20 crypto token. Rewards are paid in relation to the time and effort of the exercise routine.
For example, someone going for a 10km run will receive more REPS tokens when compared to a user doing a 5km run. Similarly, a user deadlifting 155-pound weights will earn more than somebody deadlifting 125-pounds, and so on. Crucially, the Fight Out ecosystem rewards all movements, so there are no limitations in what workout routines can be undertaken.
After earning REPS tokens, users can swap them for the project’s utility token - FGHT. Users can also use REPS to purchase in-game assets and merchandise or receive a 25% discount on subscription fees. FHGT, on the other hand, is required to access the Fight Out ecosystem. Users can do this by staking FHGT, which will also yield passive rewards.
Another reason why FGHT is the best cryptocurrency to buy now is that the project will offer immersive workout experiences in the metaverse. This will include the ability to enter fitness competitions with other Fight Out users. Moreover, users will be represented by their own personalized avatars in the Fight Out metaverse.
This is being designed so that the avatar incorporates the fitness progress made by the user. For example, if the user enjoys weightlifting, their physical improvements will be reflected by the avatar. We also like Fight Out from an investment perspective. Not only in terms of its move-to-earn concept but FHGT tokens can be purchased via an ongoing presale.
The presale has been a huge hit, raising nearly $5.5 million so far. The current stage of the presale is offering FGHT tokens at $0.02850 and there is a bonus of up to 67% available. Similar to Love Hate Inu, prices will continue to increase until the presale is over. Fight Out has announced a listing price of $0.0333 - nearly 17% above the current presale offering.
3. C+Charge - Carbon Credit Incentivization for EV Charging Payments
C+Charge is a green crypto project that is backed by the CCHG token. The project is spearheading the EV charging revolution through tokenized rewards and blockchain. This is because C+Charge is building a network of EV charging stations that will reward drivers on each payment that is made in CCHG.
Rewards are distributed on GNT tokens - which are backed by voluntary carbon credits. Ordinarily, only the EV charging station will earn carbon credit rebates, rather than drivers themselves. As such, the current system is heavily in favor of large corporations. But with C+Charge, EV drivers can themselves build an allocation of carbon credits.
As each carbon credit is represented by a tokenized digital asset, they can easily be traded on open marketplaces. And make no mistake about it - carbon credits are in significant demand. After all, they allow companies to increase the amount of harmful gasses that are released into the atmosphere.
Best of all, C+Charge has already secured a partnership with Flowcarbon - so each token is backed 1:1 by a carbon credit held by Flowcarbon. When it comes to the charging process, the first step is for EV drivers to load up the C+Charge app. This will display the nearest charging station that has partnered with the project.
EV drivers will then charge their cars and pay for their energy usage with CCHG tokens. Crucially, unlike many crypto projects in this space, this means that CCHG has real-world applications. Moreover, not only can CCHG be used to pay for EV charges, but it offers exposure to the growth of the C+Charge project.
Right now, CCHG tokens are available to buy via a presale campaign that has already raised almost $3 million. The current presale price is $0.019 per CCHG, increasing to $0.020 in the coming days. After that, the final presale stage will offer CCHG at $0.0235 - 23% above the current price.
4. RobotEra - Build and Own a Piece of the Metaverse Through Virtual Real Estate
RobotEra is one of the best cryptos for 2023 for metaverse investors. The RobotEra metaverse is being developed from the ground up and is focused on building a global community. At the forefront of this is the ability for everyday citizens to earn a stake of the metaverse. RobotEra will facilitate this through virtual real estate ownership.
The concept is as follows - a user will initially explore the RobotEra metaverse and explore each community. Once the user finds an area of the metaverse they like, they can then purchase a plot of land. Just like in the real-world, each plot will vary in value, based on its location and size. Most importantly, ownership of the land is verified and backed by an Ethereum NFT.
RobotEra also supports virtual construction, meaning that users can build a home, swimming pool, gym, cinema, garden, tennis court, and more - there are no limitations. The RobotEra metaverse is backed by TARO tokens. TARO is required to buy virtual plots of land and pay for construction costs. Similarly, when trading goods in the metaverse, TARO is the transactional currency.
Long-term stakeholders in the RobotEra metaverse can decide to stake TARO tokens for passive rewards. TARO can also be earned by renting out virtual real estate or cashing out plots of land on the RobotEra marketplace.
TARO is currently available to buy for investment purposes via the RobotEra presale. The current presale price is just $0.20 - which offers a 25% discount from stage two. The RobotEra presale will continue to increase in price, so early investors get the best deal possible
5. Ethereum - Smart Contract Ecosystem for Thousands of Blockchain Projects
The best crypto coins to buy that have been discussed so far each operates on the Ethereum blockchain. This is in addition to thousands of other projects, which highlights that Ethereum is the preferred framework of choice for blockchain startups.
With that said, Ethereum is also used by some of the most valuable cryptocurrencies in the market, including Tether, Shiba Inu, Chainlink, USD Coin, Decentraland, and even BUSD. Each project that operates on the Ethereum project is required to handle transaction fees in ETH.
As the native currency of the Ethereum blockchain, ETH is a top crypto to buy in 2023. Best of all, ETH is currently trading at a discount of over 60%, compared to its former all-time high.
6. AAVE - Decentralized Ecosystem for Lending, Staking, and Borrowing
AAVE is a decentralized ecosystem built on top of the Ethereum blockchain. This project is popular with users that seek traditional financial services outside of the mainstream lending scene.
For example, investors can use AAVE to deposit funds into a lending pool, earning interest in the process. Tether, for instance, earns investors an APY of 3.34% on the AAVE platform. Those wishing to borrow Tether will pay an APR of 4.05%.
The difference between the two rates is deposited into the AAVE treasury to cover potential defaults. Therefore, AAVE operates a sustainable model that is self-sufficient. AAVE is backed by an ERC-20 of the same name and can be purchased from most exchanges.
7. Bitcoin - Most Popular Crypto to Buy for Long-Term Value
Although presales and startups like Love Hate Inu and Fight Out offer the highest upside, Bitcoin provides portfolios with long-term stability. After all, it is the original cryptocurrency and also the largest by market capitalization.
Bitcoin, like all cryptocurrencies, goes through bull and bear cycles. Right now, the broader markets are bearish, meaning that investors can buy Bitcoin at an attractive entry price. For instance, Bitcoin is currently trading at just over $24,000.
As such, investing at this price point offers a discount of 65% compared to the prior all-time of almost $69,000. Some analysts believe that by the end of 2024, Bitcoin could hit $100,000. This offers an upside of over 300% based on current prices.
8. Stellar - Fast and Cheap Cross-Border Transactions via a Scalable Network
Another diversification area to consider when searching for a top cryptocurrency to invest in cross-border payments. Stellar has been at the forefront of this space since the project was launched in 2014.
Put simply, transactions on the Stellar network take just 4-5 seconds - regardless of where the sender and receiver are located. Moreover, each transaction costs just 0.00001 XLM. This translates into a micro-percentage of one cent.
In terms of scalability, Stellar can reportedly handle up to 1,500 transactions per second. These characteristics make Stellar attractive to both consumers and businesses. Regarding the latter, both IBM and MoneyGram are already using the Stellar network for cross-border payments.
9. Ripple - International Payment System for Financial Institutions
The underlying technology used by both XRP and Stellar is much the same - at least in terms of the fundamentals. For instance, transactions take 4-5 seconds and cost just a tiny fraction of a cent to process.
But in the case of Ripple, its payment technology framework is utilized exclusively by financial institutions. To date, Ripple has partnered with hundreds of banks from around the world.
This includes the Bank of America, Santander, Standard Chartered Bank, Siam Commercial Bank, and many others. Ripple is backed by its XRP token, which creates liquidity between transactional currencies. XRP is a large-cap crypto, currently valued at almost $19 billion.
10. PancakeSwap - Leading DEX for Trading BSc-Backed Tokens
PancakeSwap is a popular decentralized exchange that specializes in BSc tokens. These are tokens that operate on the Binance Smart Chain. PancakeSwap notes that more than 1.6 million traders have used the exchange in the prior 30 days.
This translates into over 22 million individual trades. PancakeSwap is backed by its own crypto token - CAKE. The token has utility within the PancakeSwap ecosystem and can be used for liquidity, fees, staking, and yield farming.
Purchasing CAKE also offers exposure to the growth of PancakeSwap. CAKE has a market capitalization of nearly $700 million as of writing, but is trading well below its 52-week high of over $10. In fact, current prices offer a discount of more than 60%.
11. Neo - Established Blockchain With Premium Smart Contract Services
Neo is an established cryptocurrency project that was founded in 2014. Just like Ethereum, the Neo framework enables developers to create and deploy smart contracts. However, Neo goes one step further by supporting multiple programming languages, including C#, Go, Python, Java, and TypeScript.
Moreover, Neo offers super-fast transactions that are highly scalable. Another top feature of Neo is that it has a separate currency for paying transaction fees - GAS. Best of all, those holding Neo as an eligible wallet receive free GAS tokens incrementally.
This enables developers to deploy smart contracts in a near-fee-free environment. The utility token of this project is NEO and it currently holds a market capitalization of almost $800 million. At its peak, NEO was valued at over $12 billion.
How to Find the Best Crypto to Buy
There are thousands of cryptocurrencies to choose from, albeit, we have hand-picked 11 stand-out projects.
Here’s what to consider when searching for the best cryptocurrency to watch in 2023.
Utility and Use Cases
The first step when choosing a top crypto to buy is to read the project’s whitepaper. This should detail each and every aspect of the project, such as its goals, tokenomics, and roadmap objectives.
In particular, investors should assess the utility and use cases of the project’s token. In doing so, this will offer insight into how demand there is likely to be in the long run.
For example, LHINU is required to cast votes in the Love Hate Inu ecosystem. By casting votes and contributing to the community, users receive LHINU rewards. Therefore, LHINU is a utility token that fuels the project’s vote-to-earn mechanism.
Upcoming Presale Launches
Presales enable new cryptocurrency projects to raise funds from the public. The token backing the project will be offered at a favorable price for early investors. This is almost always at a huge discount when compared to the exchange listing price after the presale finishes.
For instance, we mentioned earlier that the Fight Out presale is offering FGHT tokens at $0.02850 right now. This is 17% lower than the confirmed listing price. In other words, the Fight Out presale offers an immediate upside for early investors.
Similarly, Love Hate Inu is offering its LHINU tokens at $0.000085. The confirmed listing price is 70% higher, which is a huge upside that can be secured today.
Look for Notable Partnerships
A cryptocurrency project might have an innovative concept, but if it doesn’t have any notable partnerships, this presents a major red flag.
In contrast, the newly founded EV charging project C+Charge has already partnered with many industry stakeholders. This includes Flowcarbon, CLS Global, and Chain Labs.
In another example, Ripple has partnered with more than 200+ financial institutions while the Stellar network is being used by MoneyGram and IBM.
Tokenomics
Another angle to consider when shortlisting the best crypto to watch is the tokenomics backing the project.
This should include both the overall supply and the number of tokens in circulation. For example, Love Hate Inu is offering 90% of its LHINU supply via the recently launched presale.
This is notable for two key reasons.
First, this ensures that the vast majority of the token supply is held by the community. Second, this all-but-certainly removes the threat of the project being rug pulled. After all, only 10% of the supply will be held by the Love Hate Inu team.
Conclusion
This article has presented 11 of the best cryptocurrency to buy in 2023 for maximum upside potential. We have covered many blockchain niches, but overall - the vote-to-earn concept being developed by Love Hate Inu stands out.
Love Hate Inu has just launched its presale, with early investors being able to buy LHINU tokens today at just $0.000085 each. It’s already raised over $515k in such a short amount of time. Follow the link below to get your hands on LHINU tokens today!
