Which Cryptocurrency to Invest in 2023? The best options

Cryptocurrency remains one of the most promising areas for investment. Many people choose to invest in digital coins to earn high returns. However, the question arises: which cryptocurrency to invest in?

There are recognized market leaders - Bitcoin, Ether, Litecoin and others. In addition, there are other promising cryptocurrencies that can soar in price, so the investor has to choose from a large number of crypto assets.

Promising cryptocurrencies in the presale and ICO stage
We have prepared a list of cryptocurrencies that demonstrate the best performance on the presale, the value of which may grow in the near future:
Bitcoin Minetrix is a cloud mining platform that allows ordinary traders to "mine" bitcoins (BTC) in a decentralized way.
Meme Kombat is an innovative gaming platform designed for game lovers, offering a variety of ways to earn money – from active betting to passive staking.
Wall Street Memes is a meme coin from the creators of the famous NFT collection Wall Street Bulles, which Elon Musk himself noted on Twitter. Soon, the coin will be listed on several major exchanges, including OKX.
Sonik Coin is the fastest, according to the developers, meme coin with the ability to earn money on staking. At the moment, coins worth more than $300 thousand have been sold.
Launchpad is a crypto project that provides an opportunity for all Web3 users of any experience level to maximize their earning potential. At the moment, the project's coin is available for $0.0445.
Chimpzee is a crypto project with the noble goal of protecting forests and saving wild animals, whose participants are offered several ways to earn money. The cost of the project coin at the moment is $0.00105, the sales volume is more than $1.4 million.
yPredict is a crypto platform with artificial intelligence tools that allows you to conduct advanced analytics of the cryptocurrency market and other areas. To support the platform, the YPRED token has been issued, which is available on the presale for $0.1.

Wall Street Memes

The creators of the Wall Street Memes community, active in social networks, are launching their own meme coin, WSM. So traders and investors will be able not only to enjoy top-notch memes from Wall Street Memes, but also to make money in this niche.

The team behind Wall Street Memes knows how to create a profitable asset. Two years ago, they earned $2.5 million from the sale of 10,000 NFTs called Wall Street Bulls. For this reason, it is expected that the WSM token will be a similar success.

In general, the number of followers of Wall Street Memes exceeds 1 million people, if you take into account the various channels and social networks of the project.

The pre-sale was launched just a few days ago and has already attracted more than $1.2 million in investments during this period. The presale is divided into 30 stages, and at the time of writing, only the third is underway. This means that investors still have a chance to buy WSM at a low cost – for $0.0256. By the listing stage, the token will rise in price to $0.0337.

Pros:

the project is only at the beginning of the presale, so it is possible to profitably buy tokens;
the token will be launched on both centralized and decentralized exchanges, which increases its liquidity;
WSM is the currency for the community to use.

Sonic Coin

This positive hedgehog coin features ultra-fast transaction speeds. Also, the coin attracts fans of memes, thanks to which the project has a lot of fans.

The developers managed to create a unique product with great prospects. Experts highly appreciate the future of Sonik Coin, so investing in the project can bring high income.

The presale of this coin began recently, but has already managed to attract more than $260,0. Investors can purchase Sonik Coin at the lowest initial cost. Now the coin is trading at $000014.<>, but it will grow in the future. A lucrative staking program will also be launched.

Among the advantages of the project, it is worth highlighting:

ultra-fast meme coin;
the opportunity to purchase a coin at the initial cost;
participation in a promising staking program (after the launch of the platform).

Chimpzee

With the help of the Chimpzee ecosystem, users can earn passive income, as well as earn money by shopping and playing, while protecting the environment. Despite the fact that the project has just launched a presale of its own CHMPZ token and raised $621 thousand so far, the team has already begun to fulfill its promises to save flora and fauna.

The startup has planted more than 20,000 trees, donated $35,000 to charity, and helped protect endangered elephants in Mali.

Investors can also fight for a better environment, not only through the purchase of tokens, but also in the digital world of Chimpzee. Zero Tolerance is a Play-to-Earn game where users' avatars fight poachers.

To enter the game, you will need to purchase an NFT passport. Chimpzee uses artificial intelligence tools to allow users to make their digital heroes look like them. These NFT passports can be staked and earn APY (annual percentage income) of up to 20%.

Interested investors can buy the Chimpzee token for $0.00064 as part of the presale right now.

Pros:

tokens used to buy the NFT passport are burned, making CHMPZ a deflationary coin;
token holders will be able to receive rewards from the commissions collected on the NFT market;
By trading on the Chimpzee marketplace, members can earn passive income.

The evolving yPredict portal will provide crypto enthusiasts with an unrivaled advantage in the market through the use of modern predictive models and data analysis. All metrics are created by leading experts in the field of artificial intelligence.

The portal will offer users AI-based trading signals, real-time analysis of news and social sentiment. The platform also includes technical analysis and recognition of graphical patterns, which exceeds the capabilities of its main competitors. The algorithm, developed by experienced programmers, can recognize future cryptocurrency prices based on more reliable predictions.

The portal's native token, called YPRED, provides access to the yPredict ecosystem. Its owners will receive a reward of 10% of the amount of the new subscription.

The volume of collected investments during the presale is $2.6 million, the cost of the token during listing on exchange platforms will be $0.12, which means a potential profit of 33% for those who buy it now. At the current stage, YPRED costs $0.09.

Pros:

analysts can sell forecasts and earn passive income on a monthly basis;
YPRED holders can earn up to 45% quarterly staking rewards;
AI automatically recognizes up to 100 chart patterns and notifies traders of changes in real-time.

Bitcoin (BTC)

Bitcoin holds a strong leadership in the field of cryptocurrencies. This is the most secure digital asset that exists at the moment. In terms of capitalization, BTC is significantly superior to other coins.

This cryptocurrency appeared in 2009 and still holds a strong lead. Investors continue to give preference to bitcoin, as such investments can bring excellent income.

Bitcoin has high liquidity, so it will always be attractive to investors. Of course, to make money on this coin, you need to make competent deals - otherwise you will burn out. However, bitcoin itself is very promising for investments. Moreover, investments in this cryptocurrency are profitable in the long run.

Among the advantages of bitcoin are:

recognized leadership;
high liquidity;
great opportunities for earnings;
reliability;
demand among investors.
Available disadvantages:

Low speed.
Ethereum (ETH)

Ethereum has never been able to challenge Bitcoin. But this cryptocurrency holds a confident 2nd place in the market. This is the best of altcoins, investing in this asset can bring a very good income.

According to many experts, Ethereum remains relevant in 2023. Interest in the coin remains due to the manufacturability of the project. To a large extent, this is due to the success of Ethereum 2.0. Cryptocurrency allows you to carry out fast and secure transactions.

Ethereum is characterized by smooth and efficient operation. We also managed to get rid of high commissions within the network. This is a promising investment option. ETH is great for long-term investments.

Among the advantages of the coin, it is worth highlighting:

long stay among the leaders;
high speed and reliability;
convenient launch of decentralized applications;
demand for technologies;
the success of Ethereum 2.0;
popularity among investors;
the possibility of high income.
The disadvantages include:

lack of decentralization.
Monero (XRM)

Monero is a cryptocurrency that was designed to meet the increased requirements for privacy and anonymity. It was launched in 2014 and has since become one of the most popular alternative cryptocurrencies on the market.

The main goal of Monero is to provide complete privacy for its users. Unlike Bitcoin and other public blockchains, Monero uses special technologies such as ring signatures and random addresses to hide the sender, recipient, and transaction amount. This makes it almost impossible for Monero to track and analyze transactions.

The algorithms used in the Monero network allow transactions to be carried out almost instantly, which makes it convenient for transfers.

Advantages of XRM:

privacy and anonymity;
high speed of transactions;
Full decentralization.
Ripple (XRP)

XRP is the coin that made a splash in the crypto community in 2023. The fact is that Ripple became the first crypto project to partially win in a case against the SEC (US Securities and Exchange Commission).

However, it is worth noting that this cryptocurrency is valuable not only for the above reason: Ripple offers unique tools to simplify interbank transfers around the world.

This is the main objective of the project - to help representatives of the financial sector and ordinary consumers to make simple and cheap transactions using the XRP token.

Pros of XRP:

high speed of transactions;
simplification of international transfers;
Low commissions.
Cosmos (ATOM)

Cosmos is a unique cryptocurrency with a cross-chain solution. Other blockchains can be connected to this project. Moreover, this interaction takes place both within Cosmos and with external networks. For example, it can be Bitcoin and Ethereum.

More than 250 applications have been launched in the project's ecosystem. Their total capitalization exceeds $70 billion. The Cosmos infrastructure is used by BSC, Qredo, OEC. ATOM technologies are unparalleled among other crypto projects. The exception is Polkadot, which offers a similar solution.

The volume of capitalization of the cryptocurrency itself is $8.6 billion. At the same time, the project has a great future. Experts are confident in the growth of the ATOM coin. So the option of investing in this cryptocurrency is worth considering.

Among the advantages of Cosmos should be highlighted:

fundamentality;
uniqueness of technologies;
the ability to connect other blockchains;
great prospects;
Positive assessments of experts.
Disadvantages:

possible competition from the Polkadot project

Solana (SOL)

The Solana cryptocurrency runs on PoS and PoH protocols, thanks to which transactions are executed at a high speed. Such operations are also characterized by safety and reliability.

The project is focused on working with decentralized financial systems and applications, and also allows you to launch smart contracts. Holders of the SOL token get access to the platform's capabilities.

Solana is much faster than Ethereum and can process up to 65 thousand operations per second. It takes only 0.4 seconds to create one SOL block. Mining costs are much lower here.

The Audius service, the DeFi Land game, the Sabre crypto exchange, and about 900 different programs have been created on the Solana blockchain. This is a highly sought-after cryptocurrency with a capitalization of $15 billion.

The positive aspects of this project include:

high speed and convenience of transactions;
stability;
demand for technologies;
low mining costs;
many programs on the SOL blockchain.
Among the disadvantages should be mentioned:

Little attention is paid to developments in the field of blockchain interoperability (so far this is a potential problem).
Litecoin (LTC)

This coin is called the younger brother of bitcoin, since LTC is based on it. Litecoin managed to correct the disadvantages that were characteristic of BTC. The new coin has become much faster (4 times) and more convenient. In terms of transaction speed, Litecoin can be compared to sending messages on social networks.

The size of the LTC commission is lower than that of credit card companies. The capitalization of this coin exceeds $ 12 billion, which also has a positive effect on its popularity.

Although some investors are skeptical about Litecoin, considering it a copy of BTC, there is no serious reason for such an attitude. This coin is worth taking a closer look at as it shows good results. In favor of investing in Litecoin says its smooth growth.

Among the advantages of this cryptocurrency are:

reliability;
excellent technical characteristics;
high speed and convenience of operations;
low network fees;
Growth prospects.
Disadvantages:

the skepticism of some investors.

Polkadot (DOT)

The growing popularity of this cryptocurrency is due to the demand for the technologies used. In Polkadot, you can create new blockchains and connect them to a common network. This greatly simplifies cryptocurrency transactions.

The Polkadot system is characterized by a high level of security. There is also an experienced development team. DOT provides good scalability. The project eliminates some of the shortcomings of Ethereum. However, it was still not possible to surpass this cryptocurrency.

A big plus of Polkadot is the launch of autonomous blockchains. The technology is similar to the idea implemented in Cosmos. However, the prospects of the project are due not only to this decision.

The coin has a capitalization of $27 billion. Experts are confident in its further growth. So investing in Polkadot in 2023 will be a worthwhile decision, because you are investing in an attractive crypto asset.

The advantages of Polkadot include:

technology efficiency;
the ability to connect autonomous blockchains;
extensive experience of developers;
fixing some of the shortcomings of Ethereum;
Prospects of the project.
Cons:

potential competition from Cosmos.

Binance Coin (BNB)

It is the native token of the leading cryptocurrency exchange. The site is very popular all over the world. So the prospects for BNB are based on the authority of the Binance exchange.

The token is used for trading on this platform. There is also a reduced commission for its owners. The coin is also used to pay for Binance services. However, this cryptocurrency allows you to make money on investments. Experts predict an increase in the value of the token, which will bring good profits to investors.

Among the advantages of Binance Coin are:

binding to a popular exchange;
speed and security of transactions;
reduction of Binance commission;
prospects for a good income;
favorable prognosis.
Cons:

Traditional risks.
Cardano (ADA)

Cardano is another cryptocurrency to consider investing in 2023. The project can be used in the decentralized finance space. On this blockchain, smart contracts are launched to help conclude transactions with cryptocurrency.

Cardano allows you to carry out efficient operations, while maintaining the principle of transparency. It is a popular and sought-after digital asset. Cryptocurrency is among the leaders in terms of capitalization.

Some investors see the coin as an alternative to Ethereum. Although it was not possible to reach the level of its more eminent "rival" Cardano, the prospects for this cryptocurrency are beyond doubt.

The positive aspects include:

attractiveness for investors;
convenience and transparency of operations;
work with smart contracts and decentralized applications;
excellent scalability;
experienced team;
the possibility of a good income.
Available disadvantages:

The potential danger of an attack is 51%.

Other cryptocurrencies
Of course, the list of cryptocurrencies for investments may be wider than the one presented in this article. Almost every day there are new crypto projects, because coins can have good prospects. At the same time, it is better to focus on the leaders of the rating, as well as choose coins that can seriously soar in price. The choice of an asset for investment is not always obvious, so it is important to be guided by an analytical approach, as well as take into account the recommendations of specialists.

It is wiser not to invest in any one cryptocurrency, but to distribute funds across several assets. From them, you will form a balanced cryptocurrency portfolio that will help maximize investment performance. Moreover, some coins may not be from the list we proposed. In any case, it is up to you to choose which cryptocurrency to invest in.

I am new to this and just learning, this information was interesting for me. Thanks Dacey!