11 A new digital currency for buying and investment
The cryptocurrency market still has a lot of room to improve over more established and traditional asset classes such as stocks and bonds. This is why new cryptocurrency projects are emerging every day, all vying for a share of the market which is mainly dominated by the two most important cryptocurrencies: Bitcoin and Ethereum. Fortunately, the market is not limited to these two currencies, or the altcoins that followed. There are already many new projects offering new cryptocurrencies for purchase in 2023.
So, what are the new cryptocurrencies you should invest in in 2023? To find out which new cryptocurrencies to invest in today and where to buy new coins safely, read on! This guide features an in-depth review of 11 new cryptocurrencies for 2023, along with the best ways to earn from them.
New digital currencies to buy and invest in 2023
Here are 11 of the best new cryptocurrencies to buy.
Of course, each token presents a specific use case and unique investment opportunity. If you want to learn more about these symbols and why we consider them to be the best investment opportunities today, keep reading!
1. Tamadoge (TAMA) – Best New Cryptocurrency to Buy in 2023
2. Battle Infinity (IBAT) – The best new metaverse currency with high potential
3. Lucky Block (LBLOCK) – a new currency that offers regular jackpots
4. DeFi Coin (DEFC) – a new DeFi coin with high potential
5. Dogecoin (DOGE) – a new digital currency with a good future
6. Avalanche (AVAX) – A crypto competitor to Ethereum
7. Hedera Hashgraph (HBAR) – digital currency with a unique blockchain
8. Theta (Theta) – a cryptocurrency with a compelling use case for video streaming
9. ApeCoin (APE) – a new cryptocurrency that will explode in 2223
10. Fantom (FTM) – A unique low-fee network cryptocurrency
11. Ankr (ANKR) – a new cipher with interoperable use cases
New digital currencies to invest in 2023
If you decide to invest in new cryptocurrencies, you will need to ensure that the risk level of the project is appropriate for your trader profile. It is also important to diversify your portfolio to reduce the specific risks that affect your investments.
That’s why we’re going to offer you a wide range of new cryptocurrencies to invest in so you can find the best project for you!
To decide which new digital currency to buy, let’s now take a closer look at why these 11 new digital currencies are interesting business and investment opportunities in 2023.
1. Tamadoge (TAMA) – Best New Cryptocurrency to Buy in 2023
Many often wonder if Tamadoge is a worthwhile alternative to Dogecoin? This meme can be used in a game type game to earn in an animal-themed metaverse where you can compete with other users through creating, raising and healing, but most importantly by competing NFT avatars, Tamadoge pets, to earn and accumulate Dogepoints.
Unlike other tokens such as DOGE, TAMA is a deflationary token. This means that a certain percentage of the tokens are regularly burned to reduce the total supply of tokens, increase the rarity of the tokens, and thus theoretically support their price. For every Tamadoge Pets purchase, 5% will be burned instantly. Because of this, the price of Tamadoge is expected to continue rising, and today Tamadoge is one of the best metaverse cryptocurrencies.
Moreover, there is only one month left in the Tamadoge trial sale and the project has already raised $60,000. It is also worth noting that Tamadoge has signed an agreement with LBank, a leading cryptocurrency exchange that recently announced the listing of popular new coins such as LBLOCK! This announcement was positive for the price of LBLOCK, which could support the price of TAMA during the first exchanges.
2. Battle Infinity (IBAT) – Best New Cryptocurrency to Buy in 2023
Battle Infinity (IBAT) is a comprehensive Player versus Player (PvP) platform game that offers a variety of paid games in the metaverse known as Battle Arena. Apart from playing the game, players can also enjoy the metaverse and engage in conversation with the hosting platform and other players.
The Battle Infinity team seeks to revolutionize the traditional gaming industry with a gaming platform that integrates metaverse and blockchain technology for immersive decentralized experiences. Additionally, users and content creators can enjoy direct ownership of in-game items through NFTs.
For all these reasons and more, Battle Infinity (IBAT) is one of the best new cryptocurrencies to buy today and one of the most promising digital currencies of 2023!
Moreover, the project is really gaining popularity with time as it has already reached almost 50% of its fixed cap as the pre-sale started on 2023, which shows that the metaverse game really has the support of the community, which the project and the price of the token should keep going. Time with adoption growth.
3. Lucky Block (LBLOCK) – the best new cryptocurrency with regular prizes
Lucky Block describes itself as the most popular platform for hosting NFT tournaments and its token is among the best new digital currencies to buy in 2023. The aim of creating this platform was to provide the NFTs and contests of this platform with a reward system that you consider authentic and tangible.
The system returns NFT holders a certain percentage of their positions as long as they continue to hold their NFT through partner NFT marketplace, NFTLaunchpad.com. In addition, when an entire NFT pool is sold out, Lucky Block will hold a raffle and/or contest associated with that NFT pool.
In addition, the more the token develops partnerships and attracts users, the more it will be listed on exchanges and this will support the liquidity and trading volumes of the token. Lucky Block, for example, recently saw its newly listed LBLOCK V2 token on LBank platform rise by 250%!
4. DeFi Coin (DEFC) – DeFi digital currency with high potential
Another new cryptocurrency to invest in 2022 is the DEFC token which is the token used on the decentralized exchange platform DeFi Swap allowing investors to take advantage of the growing decentralized finance sector with many options like bartering, earning, farming, betting, etc.
Token holders can take advantage of many other benefits such as reduced transaction fee rewards, and its fixed reward system by staking up to 75% APY or 10% tax redistributed to those holding DEFC tokens when buying or selling tokens on the market.
5. Dogecoin (DOGE) – a new digital currency with a bright future
Although it is not one of the newest cryptocurrencies, Dogecoin is one of the most popular choices when it comes to meme tokens (one of the best crypto memes), especially thanks to the amazing support of its community that includes many personalities like Elon Musk.
However, Dogecoin is a form of digital currency that was originally created as a joke. It takes its name and logo from the Shiba Inu dog meme that gained popularity on the Internet in 2013.
6. Avalanche (AVAX) – Ethereum’s crypto competitor
Often considered as the direct competitor to Ethereum, the AVAX token is among the best new altcoins to consider in 2023, especially because it provides an infrastructure capable of processing transactions almost instantly. In 2023, the network will be able to process 4,500 transactions per second.
Avalanche is also popular with users and investors because it prioritizes scalability as well as transaction processing speed with its third generation blockchain. Based on the Proof of Stake process, Avalanche Network’s reward structure also incentivizes participation and supports network usage.
7. Hedera Hashgraph (HBAR) – a cryptocurrency with a unique blockchain
The Hedera Hashgraph protocol presents itself as an alternative to the blockchain, capable of processing transactions quickly and cost-effectively. Therefore its main purpose is to provide a network to process payments in a more efficient, faster and cheaper way.
By using a technology known as Directed Acyclic Graphs (DAGs), Hedera Hashgraph avoids the need for power-hungry mining techniques like PoW. This technology should help achieve more than 100,000 transactions per second, making it a true payment system like Visa.
8. Theta (THETA) – A cryptocurrency with a compelling use case for video streaming
This governance token is one of the relatively new digital currencies with one of the biggest growth potentials in the video streaming space. The network is already aiming to become a blockchain-powered content delivery platform for online video streaming.
Since Theta has already attracted investment from major companies such as Sony and Samsung, its popularity is increasing every day and attracts many investors who want to take part in the revolution of the video broadcasting sector.
9. ApeCoin (APE) – a new cryptocurrency that will explode in 2023
Apecoin is the community management and utility token of the Bored Ape Yacht Club and related communities. Currently, ApeCoin holders can only participate in token management through ApeDAO and enjoy games, events or other unique services.
However, the roadmap shows that token holders will get access to many other services in the future, especially when they link up with NFT Yuga Labs, a popular Apecoin-enabled NFT company. In addition to this, Apecoin is backed by a number of very high-profile entities, such as Yuga Labs, which is considered one of the most recognizable names in the NFT space.
10. Fantom (FTM) – A unique low-fee network cryptocurrency
Fantom is on the list of new cryptocurrencies to invest in 2023, offering an alternative to Ethereum using a protocol similar to Hedera Hashgraph for faster and cheaper transactions.
In addition, Fantom is compatible with the Ethereum Virtual Machine (EVM). For this reason, it is very easy to migrate decentralized applications developed on Ethereum to Fantom.
11. Ankr (ANKR) – A new crypto with interoperable use cases
The most interesting aspect of this new cryptocurrency is that its infrastructure aims to power the Web3 ecosystem by providing access to many interoperability tools for dApps developers, especially those in the world of DeFi and NFTs.
With the aim of democratizing the Internet, Ankr is leveraging excess computing resources (cloud computing power) from many data centers and companies to provide decentralized cloud computing solutions through blockchain. Thus Ankr encryption becomes a source of income for companies that have excess computing resources to provide.
How do you find new digital currencies?
For newcomers to the cryptocurrency market, searching for new cryptocurrencies to invest in in 2023 can take a long time.
However, there are some well-established methods for narrowing down the number of new cryptocurrencies to buy and highlighting those with the highest amount of profit to decide which new cryptocurrency to invest in.
Follow the ICO schedule
The preferred method for cryptocurrency entrepreneurs to raise money in 2017 and 2018 was through Initial Coin Offerings (ICOs), which topped out on venture capital for the first time.
However, scams and scams have proliferated in the ICO ecosystem, prompting several regulators such as the Securities Commission (SEC) in the US or the Autorité des Marchés Financiers (AMF) in France to investigate and take restrictive measures against ICOs, causing the bubble to burst.
However, ICOs still exist and are increasingly being monitored. It is, after all, a common approach for developers of crypto projects to advertise their projects and generate money to support their ideas and put them into practice.
In addition, token sales during ICOs are at a lower price and are used to raise funds and some coins always come out of these ICOs. So it is interesting to follow the ICO calendar to discover new cryptocurrencies to buy.
Consult social networks
Social networks are the most popular way to introduce and discuss new cryptocurrencies today, as they help attract investor attention and grow a community around certain projects.
A project without a community is rarely a serious project and it would be hard to keep track of what is really going on.
Among the most used social networks for cryptocurrency marketing are Reddit, Discord, Telegram, Twitter, Medium, and YouTube. There are also decentralized and blockchain-based social media apps that you can use such as Steemit or DTube.
Take advantage of data aggregators
Data aggregators in the cryptocurrency market, such as CoinMarketCap, CoinSniper, DappRadar, Coingecko, Cryptocompare or Cryptopanic, allow the collection and viewing of information and data on specific topics. This is why using data aggregators is a great way to get started with cryptocurrency.
You will be able to follow new ICO’s, brand new cryptocurrencies, their price development and transaction volume, which will allow you to get an idea of the attractiveness and popularity of the new coin and what else. Investors believe it.
Monitor data and statistics for new digital currencies
In addition to data aggregators, you can use certain tools or validators like OnchainFX, CoinMarketCal, BitcoinVisuals, CryptoMiso, or even Coindar to validate some of the new cryptocurrencies you plan to buy in 2023.
It may relate to certain numbers and statistics such as the number of transactions, various contracts, token holders, liquidity level, etc. The most interesting tool is certainly the alerts that allow you to detect a fraudulent project or a bug in the blockchain. With trading bots like Bitcoin Prime, you also have the option of real-time data for the digital currency you’re trading.
Stay up to date with the news of the cryptocurrency market
Finally, it is always a good idea to monitor the news that appears on serious and reliable information sites dedicated to the currency market to see which new cryptocurrencies attract the most interest.
Remember that it is important to always rely on reliable sources of information, which provide relevant, factual and above all objective information
How did we rank the new cryptocurrencies to buy in 2023?
Choosing the best new cryptocurrency to invest in can be a difficult task, as the cryptocurrency market has become crowded with the huge number of projects. However, we have compiled a list of aspects to consider that helped us identify the most promising projects in the cryptocurrency world in 2023.