Searching for the best new cryptocurrencies can be a minefield as thousands of new projects are released every year, all promising huge returns for investors and unique solutions for the future.
However, history tells us that only a handful of these projects will achieve what they set out to, with many never managing to fulfill their promise or potential and a small minority even set up to simply scam unknowing investors.
In this guide, we reveal our picks for the 13 best new cryptocurrencies to invest in for 2023 and also explain the fundamentals of finding new cryptocurrency releases and research methods to employ when selecting top-rated projects.
Top 13 Best New Cryptocurrency to Buy 2023
When searching for the best new cryptocurrency to invest in, diversification and risk management are key. Different investors will also have a different tolerance for risk and reward and they should understand that new cryptos can be highly speculative, as there is no established market for them.
Below is a brief outline of the best new cryptos to watch today:
- AiDoge – AI-driven meme project that combines two of cryptos hottest niches, AiDoge has raised $100k in the first 24 hours of its presale. Users will be able to use AI tech to generate memes, as well as earn rewards when others upvote or downvote them
- Love Hate Inu – New crypto presale project that has developed a unique ‘vote-to-earn’ concept that allows users to earn rewards from the $3 billion online voting and survey industry. More than $7.5 million raised in just seven weeks
- Launchpad – New crypto platform aiming to become a one-stop shop for all things Web3 to help new users and brands onboard faster into the space and speed up mass adoption. $150k raised in less than 24 hours
- Ecoterra – Eco-friendly crypto project that allows its users to earn token rewards simply for recycling. Tokens can then be sold on an exchange or spent to further fund other green projects or purchase carbon credits
- DeeLance – Jobs platform and metaverse that will bring recruitment and the freelance economy to Web3, cutting out middlemen and offering lower fees, as well as using blockchain tech to ensure payments are fast, secure and transparent
- Metropoly – NFT marketplace backed by real-world property and aiming to decentralize and fractionalize the real estate market, with shares of properties available to be purchased from $100 each
- Swords of Blood – Upcoming crypto game based on award-winning Artifex Mundi that combines AAA-quality role-playing game with Web3 tech, built on super-fast layer-2 Polygon
- RobotEra – Play-to-earn metaverse gaming project that allows players rebuild a world that can be fully monetized with buildings, event spaces and fully customizable robot NFTs
- Lucky Block – Crypto casino that offers almost 3,000 provably fair games, classic games such as poker and blackjack, a sportsbook and fast-sign up with a 200% welcome bonus
- Tamadoge – Meme coin and crypto gaming project now trading on multiple exchanges, with five Arcade games already released and an augmented reality mobile app in development
- The Graph – Protocol that enables any blockchain protocol to engage in data indexing, allowing transaxctions to be stored without increasing network demand or fees
- ApeCoin – Utility and governance coin developed to support the Bored Ape ecosystem, a multi-billion dollar NFT collection from Yuga Labs
- Cronos – DeFi crypto that acts as a utility token for Crypto.com, one of the largest and most-trusted centralized exchanges on the market
Analyzing New Crypto Coins to Invest in
When selecting the best new crypto to buy for an investment portfolio, it is wise to thoroughly read through the project’s whitepaper to assess its roadmap objectives, and how realistic these goals are.
Ask if this project has long term potential to act as a solution for a real-world problem, or if the developers have a proven track record in developing Web3 solutions.
We would also suggest assessing the upside potential of the new cryptocurrency in question to determine its future value and how much risk will need to be undertaken.
Below, we analyze the 13 best new cryptocurrency to invest in for 2023.
1. AiDoge – New Crypto Combining AI-Tech with Meme Coin Potential
AiDoge is a new crypto project that has only just launched but is expected to find a huge market for its presale as it combines two of the top trending crypto niches in the space – meme coins and artificial intelligence.
Its crypto presale raised more than $100,000 in less than 24 hours after launching and that momentum is expected to continue through 20 presale rounds.
The project has made 500 billion tokens (50% of its 1 trillion supply) available to purchase during the presale with no vesting period and a hard cap of $14.9 million.
The developers are anonymous, but this is not uncommon for a meme coin project, with the likes of Dogecoin and Shiba Inu also having anonymous developers despite being wholly legitimate projects and providing massive returns for early investors.
Furthermore, the $AI token smart contract is being audited by leading security firm Certik and there is also a 10-year vesting period on team tokens, demonstrating their long-term commitment to the project.
Meme coins have enjoyed a great start to 2023 and AI tokens have also been surging, with a combined market cap of more than $6 billion, with the likes of SingularityNET and Fetch.ai seeing huge returns following the Big Tech AI arms race prompted by OpenAI and ChatGPT. Although, bear in mind that meme coins are notoriously more volatile than other types of cryptocurrencies.
For those considering buying AiDoge, the platform will see users purchase credits using $AI and then utilize its AI-powered meme generator and text-based prompts, with the AI processing input to create relevant and engaging memes.
Users are also able to upvote or downvote memes with the winner receiving rewards in $AI tokens for the best creations – further contributing to the project’s growth and success. $AI tokens can also be staked for further token generation.
The AiDoge whitepaper has more information on the project and the Telegram group has the latest news.
| Presale Started | 25 April, 2023 |
| Purchase Methods | ETH, USDT, BNB, Card |
| Chain | Ethereum |
| Hard Cap | $14,900,000 |
| Min Investment | 100 Ai |
| Max Investment | None |
2. Love Hate Inu – New Vote-to-Earn Crypto Project on Presale
Love Hate Inu ($LHINU) is another top selection for the best new crypto and could also become one of the best crypto ICOs of 2023 as it is offering investors a high potential presale and a unique Web3 concept – vote-to-earn.
Love Hate Inu’s crypto token can be staked to earn rewards on this crypto-based online voting platform, with users sharing their opinions on multiple polls (both serious and fun) to earn rewards.
Love Hate Inu guarantees complete anonymity in the voting process, with the votes secure against any fraud or manipulation in the $3 billion online survey and polling industry since Love Hate Inu uses a real-time staking mechanism – with tokens needed to be staked for 30 days before users can participate.
A well-laid-out roadmap has made the future of this project crystal clear and although the developers are anonymous, which is usually a red flag, that is more normal for meme coin projects, with Dogecoin and Shiba Inu both having anonymous founders.
Furthermore, the developers have made 90% of the token supply available during the presale and left 10% for liquidity on exchanges, meaning there is little danger of a rug pull with the project to pass into the hands of the community.
By Q3 2023, users will be able to access the voting algorithms to place their votes. The following quarter, members can create their own polls through the vote submission platform.
As part of Love Hate Inu’s long-term objective, it looks to sign multiple crypto partnerships and integrate metaverse elements into its ecosystem.
From the total 100 billion supply, 90 billion are available through eight presale rounds. Currently in round 7 of 8, this new crypto can be purchased for $0.000135 per token – making it a top pick in our list of the best penny cryptos to invest in.
Interested investors should read the Love Hate Inu whitepaper for full information on the project and join the Telegram channel for the latest news.
| Presale Started | 8 March 2023 |
| Purchase Methods | ETH, USDT, Credit Card |
| Chain | Ethereum |
| Hard Cap | $10,068,750 |
| Min Investment | 10 $LHINU |
| Max Investment | None |
3. Launchpad – One-Stop Shop for Web3 Users to Speed Up Mass Adoption of Crypto
Launchpad is aiming to help speed up and solve one of the big issues in the whole Web3 space – mass adoption.
New users can often find operating in Web3 – whether that is to purchase crypto tokens or NFTs or play crypto games, for example – overwhelming and intimidating. Despite the huge number of excellent crypto apps available, mass adoption is still some way off but Launchpad is seeking to help reduce that time by offering an all-encompassing Web3 portal.
Launchpad will aim to provide its users with an unbiased view on all angles of Web3 – from data and insights on crypto tokens and the latest NFT collections and information about new crypto games and presale projects, as well fractionalized assets.
The platform will also offer its own Web3 wallet, a decentralized exchange and a trading terminal, as well as utilize artificial intelligence and wants to appeal to both retail customers and huge multinational companies looking to easily onboard into the space.
The only downside of the project is because of its scale its development is more suited to mid and long-term investors, with some parts of its functionality not expected until late 2024, according to the roadmap.
Launchpad has been developed by a doxxed and KYC-verified team with huge experience across a range of industries, with its native LPX token now in stage 1 of its presale.
On sale for $0.035 at the time of writing, LPX tokens will increase in price by 100% to $0.07 by the 10th and final stage, with the presale expected to finish in Q3 2023. Of the 1 billion LPX supply, 25% (250 million) is available in the presale with no vesting period and a hard cap of $12.5 million.
Read through the Launchpad whitepaper or join the Telegram group for more information and the latest news.
| Presale Started | 26 April 2023 |
| Purchase Methods | ETH, USDT, BNB, Card |
| Chain | Ethereum |
| Hard Cap | $12,500,000 |
| Min Investment | 100 LPX |
| Max Investment | None |
4. Ecoterra – Emerging Sustainable Crypto with Recycling Rewards
Selecting a high-potential project from the constantly changing domain of new projects can be challenging – focusing on projects with tangible real-world impact is crucial and ecoterra is an invaluable choice.
Ecoterra revolutionizes the sustainable cryptocurrency arena by employing blockchain technology to boost individual and institutional efforts in the battle against climate change. The platform encompasses various interconnected applications and marketplaces, motivating individuals to contribute to a worthy cause.
At present, investors can acquire Ecoterra’s native token, $ECOTERRA, for $0.007 USDT per token during stage 5 of 9, with more than $2.5 million raised since the presale launched in late March.
The tokens can be purchased through the presale website using ETH/USDT or a credit card and presale investors can also take advantage of a 5% USDT affiliate program.
Ecoterra’s Recycle2Earn app distinguishes itself by rewarding users with ECOTERRA tokens for their recycling contributions. These tokens can be accumulated, invested in, or used for eco-conscious activities such as litter cleanups or supporting renewable energy projects.
The Recycle2Earn platform records each user’s environmental impact in their profile. Companies can similarly establish ‘impact trackable profiles’ and counterbalance the adverse consequences of their production processes by procuring materials from users through impact packages. This approach fosters transparency and a collective dedication to sustainability among all participants.
Ecoterra emphasizes the carbon offset and recycled material markets, which hold significant importance.
The ecoterra whitepaper states that the carbon offset marketplace enables individuals and entities to counterbalance their carbon footprints by donating tokens to accredited global carbon reduction initiatives. Also, the recycled materials marketplace supports the acquisition of recycled materials, collaboration among recycling organizations, and related activities for businesses.
The proposed solution exhibits versatility and can be implemented across various sectors, encompassing consumer products, technology, clothing, and hospitality.
Recycle2Earn is a flexible platform compatible with Reverse Vending Machines (RVMs) in any country, potentially serving hundreds of millions worldwide. Interested users can join the ecoterra Telegram group to stay informed on the latest updates.
| Hard Cap | $6,700,000 |
| Total Tokens | 2,000,000,000 |
| Tokens available in presale | 1,000,000,000 |
| Blockchain | Ethereum Network |
| Token type | ERC-20 |
| Minimum Purchase | $10 |
| Purchase with | USDT, ETH, Bank Card |
5. DeeLance – Reshaping the Future of Web3 Recruitment and the Freelance Economy
DeeLance, a new Web3 crypto project for freelance and recruitment services, employs blockchain technology to disrupt the industry.
Its native token, $DLANCE, operates on the Ethereum blockchain, with early buyers receiving substantial discounts during the six-stage presale. Traders can buy the DeeLance token for just $0.025 in the first presale stage.
With a supply cap of 1 billion tokens, 30% are available for public sale, with more than $500,000 raised in the presale so far and a referral program offered. The token’s value comes from its utility as the exclusive currency for the DeeLance metaverse and NFT marketplace transactions, covering office leasing, advertising, and other services.
DeeLance aims to reshape the global HR and recruitment industry by challenging established players. Combining decentralized networks, NFTs, and the metaverse, DeeLance revolutionizes the recruitment process, ensuring payment and ownership security for freelancers and recruiters via a transparent platform.
DeeLance offers lower fees, faster payments, and a secure escrow account system to protect funds. This could explain the positive DeeLance price predictions for the foreseeable future.
Digital work ownership is represented by an NFT, providing recruiters with assurance and sellers with payment security. DeeLance charges a 2% client fee and a 10% freelancer fee, both industry lows. There are no withdrawal fees, currency conversion delays, or task size limitations.
Integrating NFTs and the Metaverse for Modern Hiring
As per the DeeLance whitepaper, DeeLance integrates NFTs and the metaverse into its core operations. Freelancers can store their work as NFTs on the platform, ensuring ownership until payment is settled. Smart contracts handle transaction logic, eliminating the need for third parties.
The platform’s metaverse integration envisions a world where NFTs represent ownership and the foundation for avatars interacting in the virtual space. Clients and freelancers can network, hire, offer services, establish offices, and advertising within the DeeLance virtual world. Moreover, buyers can consider joining the DeeLance Telegram channel to get the latest updates.
| Hard Cap | $6,000,000 |
| Total Tokens | 1,000,000,000 |
| Tokens available in presale | 300,000,000 |
| Blockchain | Ethereum Network |
| Token type | ERC-20 |
| Minimum Purchase | $10 |
| Purchase with | USDT, ETH, Card |
6. Metropoly – NFT Marketplace Dedicated to Real Estate Investors
Metropoly is the world’s first NFT marketplace backed completely by real-world properties and holds large growth potential.
The project will bring the evergreen real estate market to Web3 using NFT fractionalization and has so far raised more than $1.4 million in its METRO token presale.
- Metropoly adds real estate assets to the blockchain as NFTs
- They are then divided into affordable pieces, starting from $100 each.
- They earn you a share of the rental proceeds from the underlying assets.
- You can also hold them for value appreciation based on general market conditions and the demand for the underlying asset.
- No headaches of hidden fees, paperwork, or bank dealings since you are investing in an NFT.
- And of course, you need not worry about maintaining the property or finding tenants. The Metropoly team takes care of all the allied legal and operational tasks.
The feasibility of Metropoly raises rational concerns since the crypto market has seen its fair share of groundbreaking projects that didn’t take off. But the fact that the Metropoly beta dashboard is live, much before the token and NFT launches, rules them out and strengthens its credibility. In addition, the exhaustive audit of the Metropoly smart contract by SolidProof and the team verification by Certik mitigate the risks of scams and hacks.
The Metropoly presale is now in its last phases. It is your last chance to grab the token for discounted prices. Besides, presale participation gets you entry to a Burj Khalifa Apartment giveaway worth $1M on fulfilling the other eligibility criteria.
| Token | METRO |
| Blockchain | Ethereum (ERC-20) |
| Supply | 1 Billion |
| Tokens sold during the presale | 200,000,000 METRO |
| Currencies supported | USDT, ETH, BNB |
| Exchange listing price | 1 METRO = $0.1 |
7. Swords of Blood – Brand New Crypto Gaming Project with AAA Quality and F2P Mechanics
Swords of Blood is one of the best new crypto gaming projects as it is set to merge AAA quality with free-to-play mechanics.
Developed on super-fast layer-2 Polygon, Swords of Blood is built upon the framework of the award-winning 2019 game Artifex Mundi – but has made several crucial updates to bring it from Web2 to Web3.
Hit Box Games – who boast several Artifex team members – have acquired unlimited rights to reimagine the game and will add major features such as crypto and fiat payments, new gameplay mechanics and a play-to-own model.
Swords of Blood will also feature:
- $4 million in added development funds
- Up to 16-player PVP modes
- eSports micro tournaments
- Play-to-own concept on a free-to-play model
- 150-hour game expansion pack with writers who have previously worked on Command & Conquer, The Witcher and CyberPunk
Swords of Blood is a cross-play mobile and PC game that is based in the destroyed world of Ezura. Players explore the world, collect items and weapons and earn experience by completing objectives and missions and battling enemies.
The SWDTKN presale has only just launched but has already raised more than $1 million, with tokens currently on sale for $0.07 in stage 2.
By the end of the presale, the price will have risen 48% to $0.01. More information can be found in the Swords of Blood whitepaper or by joining the Telegram group.
| Presale Started | Q1 2023 |
| Purchase Methods | ETH, USDT, USDC, DAI |
| Chain | Polygon |
| Min Investment | None |
| Max Investment | None |
8. RobotEra – Build a Portfolio of Virtual Real Estate Holdings in the Metaverse
RobotEra is one of the latest new crypto projects to grab the metaverse concept by the horns. The team behind RobotEra argues that the metaverse is set to play a major role in the future of Web3, but in its current form, the industry still requires a major see-change. RobotEra will achieve this goal in several different ways.
First and foremost, there is a fun element to the RobotEra metaverse, considering that each user is represented by their own robot-centric avatar. Personalization and creativity are embraced by the project, with users having the ability to customize their robot in any way they see fit.
Moreover, the RobotEra metaverse does not believe in limitations like many of its competitors. On the contrary, RobotEra enables users to explore never-ending worlds and universes, and even claim a stake in metaverse land. Regarding the latter, this concept enables users to actually purchase and own virtual real estate.
All transactions are transparent and subsequently facilitated by the Ethereum blockchain. When buying a plot of land, this will be represented by an NFT, which the user can store in a private wallet such as MetaMask. Not only that, but in line with the creative mindset of the RobotEra team, users can then build projects on the land they have purchased.
One example of many could be a fully-fledged stadium that is designed by the user. The user can then host virtual Metaverse events, such as a concert, and subsequently sell tickets to other RobotEra users. And of course, the value of the virtual real estate will be subjective, meaning that so-called ‘hot’ plots of land have every chance to rise in value.
RobotEra will eventually run in an autonomous manner, so an entire economic community will grow, and thus – there will be plenty of other opportunities to generate income. To invest in this new cryptocurrency today, head over to the RobotEra presale dashboard to secure the lowest price possible of $0.02. Stage two will increase the price up to $0.25.
| Presale Started | Q4 2022 |
| Purchase Methods | ETH, USDT |
| Chain | Ethereum |
| Min Investment | 1,000 TARO |
| Max Investment | N/A |
9. Lucky Block – Leading Crypto Casino and Sportsbook with 200% Welcome Bonus
When exploring the newest crypto coins in the market, another core industry to consider is online and mobile gambling. After all, this industry generates many billions of dollars in revenue each and every year. In this regard, we found that one of the best new cryptocurrency to invest in is Lucky Block.
After nearly a year in the making, Lucky Block released its much-anticipated casino and sportsbook in late 2022, which has been rated as one of the best Bitcoin casinos. Hundreds of thousands of bets have already taken place, with new players signing up on a daily basis. Lucky Block is different from a traditional, fiat-based online casino, insofar as it supports anonymous gambling.
This means no personal information when signing up and no KYC documents when making a withdrawal. There are no limits on withdrawals and payouts are processed instantly. We also found that Lucky Block has partnered with over 80 leading software developers, such as NetEnt, Pragmatic Play, and Hacksaw Gaming.
This translates into thousands of casino games. Whether it’s live dealers, classic table games, slots, or dice – Lucky Block has it all. This is in addition to the Lucky Block sportsbook, with offers thousands of markets throughout the week at top-rated odds. Lucky Block is backed by its own native cryptocurrency and one of the best altcoins to buy – LBLOCK.
In the coming weeks, LBLOCK will be supported by Lucky Block for the purpose of making deposits, bets, and withdrawals. This ensures that LBLOCK has a real-world use case. Moreover, LBLOCK, as per the wider bearish cycle, is available to buy at a huge discount right now, with some analysts arguing that the token is heavily undervalued.
10. Tamadoge – Meme Coin and P2E Ecosystem With Virtual Pet Breeding and Battle Rewards
Tamadoge is one of the newest cryptos to consider from the blockchain-based gaming scene. Tamadoge is building a fun and immersive ecosystem that enables players to mint and own a virtual pet. Each pet is unique and will have randomly-generated traits, each of which will enable the player to complete certain tasks.
For example, layers can breed their pets to create a new NFT, or engage in training to improve its characteristics, while the virtual pet will also need to be fed and cared for. The ultimate objective in this play-to-earn game is to accumulate Tamadoge points, which can then be converted into TAMA tokens.
TAMA is the ERC-20 token that fuels the Tamadoge ecosystem. Tamadoge is also in the process of building its much-anticipated Tamaverse. This is the project’s native metaverse, which will eventually incorporate web3 technologies such as augmented reality. Tamadoge raised $19 million during its 2022 presale, albeit, this is still one of the best new cryptocurrency to invest in.
Tamadoge is at the very start of its play-to-earn journey, meaning that there are still plenty of roadmap objectives for the team to work on. This does, however, present a notable opportunity to invest in one of the newest cryptocurrencies in the market at an attractive entry price, before the mainnet launch. As of writing, the market cap stands at just $20 million.
Tamadoge also recently announced that it will be listing on tier one exchange ByBit from April 27, with TAMA to also be listed on more top tier CEXs in June and July.
11. The Graph – Proprietary Indexing Protocol for Blockchain Data
The Graph was founded in late 2020 and as such, is still considered one of the newest crypto coins in the market. This project has built a proprietary suite that enables any blockchain protocol to engage in data indexing. In more simple terms, The Graph can be utilized by decentralized networks to help by ‘overload’.
This means that transactions can be stored and handled without increasing the network demand and ultimately – fees. As of writing, The Graph is fully-compatible with Ethereum and IPFS, but expect further partnerships in the coming months and years. The Graph is backed by its own native token – GRT.
When GRT was launched in late 2020, it went on a parabolic run, only to then succumb to the broader crypto bear market that began less than a year later.
However, as an AI-related coin, the project has shown some signs of recovery in 2023, and is currently up 150% year-to-date at the time of writing.
12. ApeCoin – Native Utility Token of Bored Ape Yacht Club Ecosystem
Although ApeCoin was launched in 2022, this new crypto project is backed by the same team that developed the hugely successful Bored Ape Yacht Club NFT collection. This proves that the ApeCoin development team knows how to bring a new product to the crypto market.
ApeCoin is an ERC-20 token that has real-world utility, insofar as it fuels the Otherside metaverse. Within the Otherside metaverse, investors can buy plots of land, build virtual real estate, and even watch live concerts. Everything that takes place within the Otherside metaverse is conducted in ApeCoin.
ApeCoin enjoyed a meteoric rise after it was first released, tripling in price within a month, before the wider bear market sent prices tumbling.
ApeCoin is one of the new crypto projects to keep an eye on because of its backing by Yuga Labs, which is considered one of the top builders in the whole crypto space.
APE is up just 10% in 2023 so far, but analysts are predicting large gains in the next crypto bull run.
13. Cronos – Crypto Exchange-Backed Token With Multiple Use Cases
Cronos is one of the best DeFi cryptocurrencies that backs the Crypto.com exchange. As such, the primary objective when investing in this digital asset is to gain exposure to the Crypto.com ecosystem. Cronos operates on a hybrid blockchain network that incorporates both Ethereum and Cosmos.
As a result, Cronos transactions are fast, cheap, and scalable. In terms of use cases, Cronos can be used by developers that wish to launch Solidity-based applications in a seamless way. This offers an alternative to the primary Ethereum framework, which remains overloaded. Cronos is also open source, which ensures that the underlying network can be audited in a public setting.
Cronos has also stepped into the world of DeFi, with users having the ability to earn rewards and obtain loans. The Cronos network can also facilitate NFT ownership and trades. As of writing, Cronos is trading at under $0.10, which is just a fraction of its former all-time high of $0.90.
How We Selected the Best New Crypto to Buy
There are many thousands of cryptocurrencies in the market, with new entrants being listed each and every day. Some of which join the queue for the most-anticipated upcoming Binance listings. Naturally, this means that choosing the best new cryptocurrency to invest in can be a cumbersome and time-consuming task.
It is essential investors do research and conduct due diligence because, as mentioned above, no matter the potential of new crypto coins, not all will succeed in becoming worthwhile investments. To fast-track the process, consider the following key points when creating a list of the best new cryptocurrency releases.
Whitepaper and Objectives
The most important part of the research process is to read the new cryptocurrency project’s whitepaper from top to bottom. A good whitepaper should outline the objectives of the project and what problems it is aiming to solve.
The goals of the team should be clearly presented in a roadmap, with each objective represented by a target date. Additionally, to find the very best new cryptocurrency to invest in, research on the development team should take place.
If the project is legitimate, it will have a fully transparent and KYC’d team with LinkedIn profiles easily accessible. On the other hand, if the team behind the project is anonymous, this is a major red flag to consider.
Presale Availability and Pricing
One of the most attractive aspects of new cryptocurrencies is that in the vast majority of cases, the project will begin its journey with a presale campaign.
This enables the project to raise capital before the cryptocurrency is listed on an exchange. From the perspective of investors, presales offer discounted pricing for those who complete their investments early.
As we noted earlier, the likes of AiDoge, Love Hate Inu, Launchpad and Ecoterra are all hosting their respective presales right now at preferential pricing.
Low Market Capitalization
When creating a shortlist of the best new cryptocurrency to invest in, we prefer projects that will be listed with a small market capitalization.
The reason for this is that the smaller the market capitalization, the more room there is for the respective cryptocurrency to explode in value.
For example, if a newly launched cryptocurrency is listed with a market capitalization of $10 million, this means that growth of 20x would still only amount to a valuation of $200 million.
Innovation and Market Niche
We also prefer new cryptocurrencies that have an actual purpose, in a high-growth market.
- For instance, AiDoge is combining two of the hottest crypto niches – meme coins and AI – to develop an AI-powered meme generator that will allow users to earn rewards.
- Love Hate Inu is the first crypto platform to offer online voting options and rewards through the $LHINU token.
- Launchpad wants to drive mass adoption of Web3 by offering an all-encompassing portal to all sectors of crypto through one platform and appeal to both retail and institutional users.
- We also like that ecoterra is helping to fight the climate crisis by offering a fun, new ‘recycle-to-earn’ concept, with its presale racing through its allocation.
- DeeLance will bring recruitment into Web3 and transform the way the freelance economy operates – making it more secure and transparent.
Ultimately, if a cryptocurrency project that not offer anything new or innovative, then it should probably be avoided.
Why New Cryptocurrencies Can be a Good Investment
The main motivation when searching for the best new cryptocurrency to invest in is to maximize potential returns.
For instance, most of us missed Bitcoin at below $1,000, and the same for Ethereum at $1. In other words, new cryptocurrencies are yet to reach mass awareness, so investing early offers the best possible entry price.
In turn, this offers the opportunity to target significant returns, especially when the project begins with a small market capitalization.
New cryptocurrencies are usually accessible via a presale launch. Once again, this offers an early-mover advantage through discounted prices.
How to Find New Cryptocurrency Releases
From the best Telegram crypto groups to the most popular Discord channels, finding new cryptos is easier said than done. The most challenging aspect to consider when exploring the next new cryptocurrency to invest in is knowing how to locate upcoming projects.
Here are some of the ways to find new cryptocurrency releases online:
- Reddit: Ever found yourself searching for the best crypto on Reddit for 2023? One of the most effective ways to find new cryptocurrencies is via Reddit. The marketing team behind the project will almost always publish information on the upcoming presale, knowing full well that Reddit is utilized by millions of cryptocurrency investors globally.
- YouTube: Another popular way to find top new cryptocurrencies is YouTube. For instance, the Jacob Crypto Bury YouTube channel is a great source of information on new project releases and presales. Jacob reviews plenty of projects and has enjoyed great success in recent months in finding high-growth presale opportunities.
- CoinMarketCap: When a new cryptocurrency lists on an exchange for the first time, this usually syncs with CoinMarketCap. By hitting the ‘Recently Added’ button, this brings up a list of new crypto listings.
- Telegram: Sometimes you can find unique cryptos via the best Telegram crypto signals.
And of course, reading through guides like ours also offers insight into the best new cryptocurrencies to keep an eye on.
Where to Buy New Cryptocurrency
To gain exposure to the next new cryptocurrency to invest in, the trade will need to be completed online.
The specific place to invest will depend on whether the cryptocurrency is already listed on an exchange or if it still in presale mode.
Where to Buy New Presale Crypto
If the chosen new cryptocurrency is currently engaged in its presale campaign, then there is no requirement to use an exchange. The reason for this is that the token will not be listed on an exchange until the presale is over.
In the case of AiDoge, Love Hate Inu, Launchpad, Ecoterra and DeeLance, the presale dashboard is hosted directly on the respective website of each provider.
Therefore, investors simply need to connect their crypto wallet to the presale website and exchange either ETH or USDT via a real-time transfer.
Scroll down for a step-by-step walkthrough of how to invest in the AiDoge presale.
Where to Buy Other New Cryptos
When buying a new cryptocurrency that has already been listed, the purchase will need to be made on a supported exchange. One of the top crypto exchanges for buying the best new coins is eToro.
Here’s why:
eToro – Best Place to Buy New Crypto Coins
eToro is a regulated online broker that holds licenses with the SEC, ASIC, CySEC, and the FCA. This popular trading site is now used by over 27 million people from all corners of the world. eToro hosts dozens of new cryptocurrencies, including many of the projects we discussed today – such as The Graph and Cronos.
eToro is known to ‘listen’ to the market, meaning that it regularly adds new crypto coins as per demand. For example, when Ape Coin was first listed, the digital asset was available for trading at eToro on the very first day. Not only does eToro offer a safe and regulated place to buy new cryptocurrency, but its fee structure is super-competitive.
For example, deposits and withdrawals made in US dollars are free of charge, including debit/credit card and e-wallet payments. Other currencies – such as GBP, EUR, and AUD are supported too and attract an FX fee of just 0.5%. Irrespective of the new crypto being purchased, a flat commission of 1% applies to all buy and sell orders.
eToro also offers a safe crypto wallet app that is ideal for storing new cryptocurrencies. The eToro wallet app for iOS and Android is licensed by the GFSC for additional security. eToro is also the best place for beginners to invest in new cryptocurrencies, considering its minimum deposit requirement is a mere $10 ($50 in some countries).
How to Buy New Cryptocurrency
Complete beginners with an interest in new cryptocurrency to invest in might be entering the world of presales for the very first time. While this can be intimidating, the process is both simple and seamless.
To offer some insight into the investment process, the steps below explain how to buy $AI tokens via the ongoing AiDoge presale.
Step 1: Get a Crypto Wallet
First, presale investors will need to ensure they have a suitable crypto wallet installed.
- Those looking to invest on a laptop device can opt for MetaMask
- Those looking to invest on a smartphone device can opt for the Trust Wallet app
Download the chosen wallet and install it. Set the wallet up by creating a password/PIN and writing down the backup passphrase.
Step 2: Get ETH/USDT and Transfer to Wallet
The next step is to transfer Ethereum (ETH), BNB or Tether (USDT) to the crypto wallet. These are the three cryptocurrencies supported by the AiDoge presale.
ETH, BNB and USDT can be purchased from any crypto exchange and transferred to the wallet accordingly.
Step 3: Connect to AiDoge Presale
Next, visit the AiDoge presale website. Click on ‘Buy Now’ and choose the respective wallet provider.
Step 4: Invest in $AI Presale
Once the wallet is connected, the $AI presale dashboard will allow users to select which token they wish to use and populate an order box asking for the number of tokens to buy.
Type in the required quantity – remembering that there is a minimum requirement (0.015 ETH / 0.0025 BNB / 100 Ai) to cover transaction costs – and confirm the investment. Both MetaMask and Trust Wallet will ask for authorization on the transaction before transferring the ETH/USDT/BNB.
When the whole presale is complete, return to the AiDoge website and claim the tokens.
How Often are New Cryptos Released?
New cryptocurrencies are released fairly frequently, with new projects launched every day. In fact, the pace of new cryptocurrency releases has accelerated significantly in recent years, with the rise of decentralized finance (DeFi), NFTs, and other innovative blockchain-based projects.
It’s worth noting, however, that not all new cryptocurrencies are destined for success. Many new projects fail to gain traction or prove to be scams, while others may have promising technology but fail to attract enough users or investors to succeed.
Therefore, it’s important to approach new cryptocurrencies cautiously and do thorough research before investing.
How to Make Sure New Cryptos are Safe and Legit
When investing in new cryptocurrencies, it’s important to do your due diligence to ensure the project is safe and legitimate. Here are some key steps you can take to research a new cryptocurrency before investing:
- Read the whitepaper: The whitepaper is a document that abstracts the project’s goals, technology, and roadmap. It’s important to read the whitepaper carefully to understand the project’s objectives and whether it has a clear and realistic plan for achieving them.
- Check the team: Research the team behind the project to see if they have a track record of success and expertise in the relevant fields. Look for team members with experience in blockchain development, finance, and other relevant areas. Many meme coins have anonymous developers so it is even more important to ensure their tokenomics are sound and smart contracts have been audited.
- Look for partnerships and collaborations: Partnerships with established companies or collaborations with other blockchain projects can be a good sign of a legitimate project. Check whether the project has any partnerships or collaborations and what they entail.
- Check the community: Look for online communities and forums related to the project to see what people say about it. Check for active discussion and engagement from the team and community members. This can give you an idea of the project’s level of interest and support.
- Verify the security measures: Look for information on the security measures the project has in place to protect users’ funds and data. Check if a reputable third-party firm has audited the project to ensure its security and legitimacy.
Conclusion
Finding the best new cryptocurrency to invest in is no easy task. To help clear the mist, this guide has provided insight into 13 of the best new cryptocurrency releases for 2023.
Investors should conduct thorough independent research before investing in any crypto have a firm handle on their tolerance for risk, with new cryptos offering a greater risk-reward ratio than established projects.
Also look out for the signs of good and bad crypto projects – fully formed concepts deliver unique solutions, clear and concise roadmaps and strong developers with a background of delivering good products.
One of the newest crypto to watch that we like the look of is AiDoge, a brand new crypto presale that combines two of the hottest crypto niches – meme coins and artificial intelligence – and has raised $100k in less than 24 hours.
Love Hate Inu is another top choice, with the vote-to-earn project having raised more than $7.5 million in just seven weeks since it launched.
FAQs
What are the newest crypto coins?
Where do I find newly released crypto?
What’s the newest crypto to invest in?
What is the next big cryptocurrency?
0 Comments