Finding the best coins to invest in today can be difficult even for seasoned traders. Distinguishing between promising and unpromising projects and deciding the right time to sell or hold is a complex task, like navigating a minefield.
Considering this, in this article we have carefully analyzed the market and selected the best recommended coins that show true utility and potential. The study includes emerging, high-risk tokens with significant upside potential along with existing coins that have been well-received in the market for a long time.
Top 18 Recommended Coins You Should Consider Buying Now
Here is a quick overview of the recommended coins you can buy as of 2023:
- Bitcoin ETF Token – A new token presale designed to incentivize holders through real market events, such as the possible approval of a Bitcoin spot ETF by the U.S. Securities and Exchange Commission (SEC). Currently boasting an APY of over 15,000%, this token presents a potentially lucrative opportunity. The presale has already succeeded in raising more than $150,000.
- Bitcoin Minetrix – Bitcoin Minetrix, the leading Ethereum-based cryptocurrency, enables eco-friendly Bitcoin mining on desktop or mobile through an integrated dashboard and innovative stake-to-mining model. The pre-sale campaign has already raised more than $3.7 million.
- Meme Kombat – Meme Kombat, a recently launched ERC20 presale, offers an exciting opportunity to bet on your favorite meme token in arena battles with an expected APY of 112%. In Season 1, 11 famous memes participated, and the pre-sale fundraising amount is approaching $1.5 million.
- Wall Street Memes – A popular meme platform with a strong community and over 1 million followers, Wall Street Memes offers staking rewards. After the most successful coin pre-sale and successful IEO, it currently boasts a market capitalization of $50 million. In addition, it recently introduced its own casino to increase utilization.
- TG.Casino Token –A recently launched and licensed Telegram casino, TG.Casino Token has been integrated with the coin for a new and improved gambling experience. It offers a whopping 400% APY and various benefits during the pre-sale period, and $1.8 million has been raised so far.
- Launchpad XYZ – A new coin protocol, Launchpad. The project has currently raised $2 million in presale.
- yPredict – This innovative platform enables traders to maximize their profit potential through next-generation AI-powered trading research, analytics, and data-driven insights, while also empowering AI developers to monetize their own predictive models. The project has already raised more than $4.75 million in presales.
- ItukTuk – A coin built on the Binance Smart Chain, ItukTuk provides an energy-efficient solution for tuk-tuk transportation in developing countries. TUK token holders can enjoy staking benefits and passive income. A pre-sale is currently underway that has raised over $200,000, and offers an attractive staking annual return of 1,000%.
- Chimpzy – A web3-based wildlife conservation initiative where participants can earn passive income while contributing to animal conservation and climate change response. The project successfully raised $2 million in presale.
- Scorpion Casino – A licensed coin casino offering a variety of options including slots, sports betting, and traditional casino games, Scorpion Casino offers holders passive income based on overall casino performance in addition to the gaming experience. Currently, more than $1.7 million has been raised through pre-sale.
- Bitcoin – the world’s first and most popular coin, also called ‘digital gold’, accounting for more than 40% of the total market share. Although the future rate of return may be relatively low compared to other virtual currencies, it is generally recognized as the least risky investment in the virtual currency industry and is a coin recommended by many people.
- Ethereum – The second most popular cryptocurrency, Ethereum is the preferred cryptocurrency for Web 3.0 builders and developers. It has over $30 billion worth of decentralized apps (dApps) running on blockchain and its native token, ETH, with a variety of use cases.
- Cardano – A competitor to Ethereum, Cardano is a highly scalable and fast blockchain featuring a growing decentralized application (dApp) ecosystem and non-fungible token (NFT) marketplace. In particular, it is characterized by a low barrier to entry compared to other top 10 coins.
- IOTA – A payment protocol that is differentiated in that it does not use existing blockchain technology. It verifies transactions using a unique algorithm called ‘Tangle’ and focuses on improving speed and scalability. The project aims to facilitate transactions within the Internet of Things (IoT) economy.
- Monero – A coin that uses stealth addresses and ring signatures to enhance privacy and anonymity. One of the oldest and most respected privacy coins on the market, it prioritizes confidentiality of transactions.
- Polkadot – Positioned as a rival to Ethereum, Polkadot is a unique interoperability protocol that enables rapid data exchange and transactions. It provides ultra-fast solutions for developers and builders.
An In-Depth Evaluation Of The Recommended Coins To Buy In 2023
Although the coin market is showing signs of recovery in 2023, it is important to approach investing in digital assets with caution, conduct thorough research, and only invest an amount that you can afford to lose. Even popular and large coins like Bitcoin can experience significant price declines, as seen in the current bear market.
According to market research, the following are recommended coin projects to invest in in 2023, considering factors such as growth potential, usefulness, and future performance.
1. Bitcoin ETF Token ($BTCETF) – Recommended Coins To Buy In 2023
Bitcoin ETF Token is attracting attention for its exclusive ERC20 token presale that rewards early holders following the development of a future Bitcoin ETF. $BTCETF tokens can be purchased using Ethereum, USDT, or cards.
The coin pre-sale will be conducted in 10 stages, with 84 million tokens sold in each stage, and the price will gradually increase from $0.0050 in the initial stage to $0.0068 in the final stage. Early investors can enjoy a 36% price increase. The coin pre-sale is currently off to a good start, successfully raising over $150,000.
Investors can further increase their token holdings through staking, which could potentially result in average annual returns of over 1,500% in the early stages. However, it is important to note that the APY may decrease as more tokens are locked and the coin pre-sale period becomes longer.
You can receive real-time news alerts regarding Bitcoin ETF spot approval by following Bitcoin ETF Token on social media platforms and a dedicated Telegram channel. This is a very useful feature, considering how quickly the market reacts whenever there is speculation about the approval of a Bitcoin ETF.
The total supply of $ BTCETF tokens is 2.1 billion, with 840 million tokens allocated to the token pre-sale. 525 million tokens, representing a quarter of the total supply, will be distributed through a staking mechanism, which is a lucrative way to accumulate more tokens while awaiting the end of the pre-sale and potential approval of a Bitcoin spot ETF.
Additionally, the $BTCETF token incorporates a burn mechanism that removes 25% of the token supply upon achieving certain milestones. This feature improves the scarcity and potential value of the token over time.
The process starts by charging a 5% token burn tax on each transaction and gradually reduces to 0% when each milestone below is reached:
- When the $BTCETF token reaches $100 million in trading volume, 5% of the total supply will be burned.
- When the first Bitcoin ETF is approved, 5% of the total supply will be burned.
- When the first Bitcoin ETF is launched, 5% of the $BTCETF token supply will be burned.
- When the total managed assets value of all Bitcoin ETFs reaches $1 billion, 5% of the total supply will be burned.
- If the Bitcoin price exceeds $100,000, 5% of the total supply is burned.
Currently, there is no physical Bitcoin exchange-traded fund (ETF) that directly holds Bitcoin, and existing Bitcoin ETFs track Bitcoin prices using complex derivatives tools. If the U.S. Securities and Exchange Commission (SEC) approves a Bitcoin spot ETF, billions of dollars could flow into the coin market, which could trigger another bull market.
For more information about the Bitcoin ETF token pre-sale, please refer to the white paper.
| Hard Cap | $4,956,000 |
| Total Supply | 2.1 billion |
| Pre-Sale Quantity | 840 million |
| Blockchain | Ethereum Network |
| Token Type | ERC-20 |
| Minimum Purchase | doesn’t exist |
| How To Purchase | USDT, ETH, BNB, MATIC, credit cards |
Visit Bitcoin ETF Token Presale
2. Bitcoin Minetrix ($BTCMTX) – Recommended Coins That Can Be Purchased With Stake-To-Mining Rewards
Bitcoin Minetrix ($BTCMTX) is an interesting presale that offers a stake-to-mining model, a new utility in Web 3.0. The project simplifies Bitcoin mining by allowing staked ERC20 tokens to be exchanged for non-tradable mining credits and then burned. The more tokens are burned, the more Bitcoin rewards you can receive.
This approach allows individuals to run a Bitcoin mining business conveniently from their desktop or mobile device. In particular, the current Bitcoin blockchain is largely controlled by a small number of centralized mining companies that use expensive and environmentally harmful hardware equipment, making it unrealistic for ordinary people to participate in successful mining operations.
Bitcoin Minetrix ($BTCMTX) offers an unprecedented opportunity to mine Bitcoin rewards without these drawbacks and offers an eco-friendly and clean alternative. This project successfully completed a third-party smart contract audit, and the results were excellent.
The total token supply is 4 billion, with 2.8 billion sold through pre-sale. The initial purchase price is $0.011, but it is scheduled to gradually increase to $0.0148 until the final stage of pre-sale (stage 39).
There are currently over 70 million tokens locked in the staking pool, with an expected APY of 159%.
Bitcoin Minetrix is ??an excellent utility token that provides an environmentally friendly and user-friendly way to acquire BTC and its high potential is proven by the popularity of the presale, which has raised approximately $4 million to date. Additionally, a $30,000 mining reward will be provided to early buyers of the platform.
For more details, please refer to the white paper. It is important to note that even tokens with innovative concepts and utility value may fluctuate in value.
| Hard Cap | $33 million |
| Total Supply | 4 billion |
| Pre-Sale Quantity | 2.8 billion |
| Blockchain | Ethereum Network |
| Token Type | ERC-20 |
| Minimum Purchase | $10 |
| How To Purchase | USDT, ETH, BNB |
Visit Bitcoin Minetrix Presale
3. Meme Kombat – Token Battle Using AI And Web3 Stake-To-Earn Coin Recommendation With 112% APY
Meme Kombat ($MK) stands out among the latest meme coins and is bringing a new approach to the industry. If 2022 was the year of the individual meme, we can imagine 2023 and 2024 as the years when the world’s best memes battle it out in the arena.
The platform offers three key elements for a successful presale through automated battles, betting, and the potential for passive income. Beyond simply purchasing and staking tokens, you can bet on your favorite meme warriors in the battle arena and earn more depending on how well you predict the outcome.
Meme Kombat introduces a dynamic platform where users can participate in battles by betting or winning with the champion of their choice. This project brings the world’s most popular crypto memes to life as close to their original properties as possible. Meme Kombat utilizes AI and blockchain technology to ensure that all results are immutable, transparent, fair, and instant payments are made.
In terms of tokenomics, Meme Kombat holds a total of 120 million $MK tokens. Of this, 50% ($60 million $MK) will be allocated to the presale, with the current price being $0.1667 and a total hard cap of $10 million. The remainder is used for staking and battle rewards 30%, community rewards 10%, and DEX liquidity 10%.
Meme Kombat is attracting attention as one of the most thrilling and innovative presales representing the evolution of the meme coin industry. Meme Kombat is changing the landscape by bringing together individual memes to engage in epic battles, attracting legions of fans eager to bet on the outcome.
In particular, this recommended coin project goes above and beyond in terms of art illustration, and you can find artwork that remains faithful to the original works of beloved memes like Pepe and Doge while adding improvements. In Season 1, 11 legendary memes participate in battle to provide a thrilling experience.
More information about Meme Kombat can be found in the project’s white paper and on Telegram and Twitter. You can participate in this pre-sale only with ETH, USDT, and BNB.
The project currently offers an annualized return of over 112%, but keep in mind that the APY may decrease as more people join the campaign. Presales are quickly approaching $1.5 million.
| Hard Cap | $10 million |
| Total Supply | 12 million |
| Pre-Sale Quantity | 6 million |
| Blockchain | Ethereum Network |
| Token Type | ERC-20 |
| Minimum Purchase | $5 |
| How To Purchase | USDT, ETH, BNB |
4. Wall Street Memes – Recommended Exciting Meme Coin With a $50 Million Market Capitalization And Casino
Wall Street Memes ($WSM) had one of the best coin presales of all time, raising over $25 million earlier this year. Wall Street Memes, which currently boasts a market capitalization of $50 million, is predicting explosive growth in the upcoming bull market.
This recommended coin project launched Wall Street Memes Casino, expanding its services to allow players to use Telegram to manage secure and anonymous accounts, unlimited deposits and withdrawals without fees, and a 200% welcome bonus of up to $25,000. Additionally, a 10% token buyback is being introduced and players who deposit and play with $WSM will be rewarded with 200 free spins.
Following the success of the 2021 Wall Street Bulls NFT collection, which sold out in just 30 minutes, the Wall Street Memes team is keeping pace with recent coin trends. This includes developing Bitcoin Ordinals NFTs and its own meme coin, which is the best-performing coin type in 2023.
With over 1 million followers across social media platforms, Wall Street Memes has proven to have a solid community and strong awareness and continues to improve its utility with features like staking and recent casino additions.
Wall Street Memes have also attracted the attention of celebrities, including Elon Musk, on the platform’s Twitter page. After an impressive pre-sale and experiencing an incredible price surge of 275% shortly after its official launch, the WSM token is currently listed on about a dozen major exchanges.
As one of the fastest-growing coin assets with significant community support, the WSM token is poised to attract the attention of major cryptocurrency exchanges, including the potential for listing on top-tier platforms such as Binance and Coinbase. It is done. With over 400 million tokens safely locked in staking pools and a 40% average annual return, WSM staking remains popular.
With a current market capitalization of $50 million, Wall Street Memes (WSM) has the potential for explosive growth in the upcoming coin bull market. Already established as a top meme coin, WSM boasts a trading volume comparable to major coins such as Dogecoin, Shiba Inu, and Pepe.
To celebrate the start of the WSM presale, the team is running a $50,000 airdrop, and holders can receive this airdrop by joining social media channels, including Discord.
5. TG.Casino Token – World’s #1 Telegram Casino Offering 288% Staking And Buyback
TG.Casino ($TGC) emerges as a licensed Telegram casino that is fully integrated with the coin and offers instant rewards of a hefty 288% APY during the ongoing pre-sale period.
Available to players around the world, the live casino features a completely anonymous sportsbook, allowing users to deposit funds and bet quickly and anonymously without going through KYC. Located at the convergence of three dynamic industries – online gaming, online gambling, and coins – TG.Casino is fully licensed and promises participants an exciting and potentially lucrative experience.
TG.Casino operates through Telegram, one of the most popular messaging services and a favorite among Web 3.0 enthusiasts. Players can leverage the efficiency and speed of Coin and Telegram bots to access online games directly, eliminating the need to wait days for KYC verification processes. This new approach to online gambling benefits users by providing instant participation without unnecessary delays.
The $TGC token is designed with the goal of disrupting the existing casino paradigm that only benefits a small central party. TG.Casino is redefining the online gambling experience by introducing a groundbreaking rewards mechanism and returning casino profits to the community through a variety of incentives.
TG.Casino introduces a buyback system to acquire tokens using casino profits and then distributes them to holders. In this mechanism, 60% of purchased tokens are shared among stakers as rewards and the remaining 40% are sent to the burn address, promoting deflationary dynamics. TG. Casino gambling token staking currently offers an attractive APY of over 280%.
New players can receive a 200% welcome bonus up to 10 Ethereum, while players using the native token $TGC can receive 25% weekly cashback on losses.
Total supply is $100 million, with 40% ($40 million) in pre-sale, 20% ($20 million) in liquidity, 20% ($20 million) in staking, 10% ($10 million) in rewards, Allocate 5% ($5 million) to affiliates and 5% ($5 million) to marketing costs.
TG.Casino is a representative service of the new era that allows instant withdrawals and deposits from smartphones with the fast speed and cost-effectiveness of coins, allowing users to smoothly access casinos without going through KYC procedures.
Because there is no need for third-party downloads, anyone with a Telegram account can use the platform, and it is backed by a 100% license guarantee and various incentives that directly benefit users.
TG.Casino is introducing an interesting concept that offers various levels of incentives. TGC tokens are currently at the lowest price ($0.125), and over time, the APY yield is expected to gradually decrease and the price to rise. The project has now raised approximately $1.8 million. Detailed information can be found through Telegram and Twitter accounts.
| Hard Cap | $5 million |
| Total Supply | 1 million |
| Pre-Sale Quantity | 40 million |
| Blockchain | Ethereum |
| Token Type | ERC-20 |
| Minimum Purchase | $5 |
| How To Purchase | USDT, ETH, BNB |
6. Launchpad XYZ – Comprehensive Web3 Platform Curated By The Best Team
The recently released coin project Launchpad XYZ (Launchpad XYZ) has started the first stage of coin pre-sale.
Developed by a highly experienced team with expertise in a variety of industries, the protocol aims to provide a comprehensive one-stop solution for Web 3.0 users, helping with the seamless onboarding of both individual investors and global conglomerates.
One of its main features is the Alpha Telegram group, which provides trading signals. Recently, LINQ’s signals provided members with an incredible 7,000% return.
Users new to Web 3.0 often feel overwhelmed and intimidated by the extensive knowledge required to navigate this space. Our beginner’s guide covers the broad spectrum of coins, from buying tokens to how to buy a car with Bitcoin. The complexity increases when you add navigating multiple tools, websites, and marketplaces, and deciphering your own slang and jargon dictionary.
Because participation requires mastery of the field’s operational skills and understanding of relatively advanced technologies, this may put some users off, ultimately hindering mass adoption.
Launchpad XYZ aims to create a unified portal that provides comprehensive access to various aspects of Web3, including tutorials, technical information, and live data. This protocol, which acts as a bridge between Web 2 and Web 3, seeks to provide an unbiased window into NFTs, cryptocurrency games, etc.
Access to certain features of Launchpad XYZ requires the native $LPX token, and about $2 million has been raised so far.
LPX tokens are currently selling for $0.0445. For more information, please refer to the white paper or join the Telegram group.
| Pre-Sale Begins | April 26, 2023 |
| How To Purchase | ETH, USDT, BNB, credit cards |
| Blockchain | Ethereum |
| Hard Cap | $12.5 million |
| Minimum Investment Amount | 100 LPX |
| Maximum Investment Amount | doesn’t exist |
7. yPredict – Artificial Intelligence-Based Trading Platform That Maximizes Profit Potential
yPredict is an artificial intelligence-based trading tool designed to help coin traders maximize their profit potential.
Developed by a team of AI and machine learning experts, financial quants, and traders, this protocol utilizes artificial intelligence to conduct research and analysis.
y Predict aims to help traders make informed decisions in the market by providing data-based insights and solving the problem of the proliferation of complex algorithms, which account for more than 80% of trading in various markets.
yPredict leverages artificial intelligence to build a proprietary predictive model and marketplace to streamline market data and provide users with clearer insights to help them make informed trading decisions.
The platform integrates features such as pattern recognition, sentiment analysis, indicator analysis, and transaction analysis. yPredict also provides a marketplace where artificial intelligence and machine learning developers can sell predictive models on an open platform.
The native $YPRED token, which is currently in pre-sale stage 7 with approximately $4.75 million raised, has widespread utility. It is provided as a reward when a developer sells a model, and is divided into three levels depending on price and is also used as a membership payment method that provides various levels of functions for each level.
Coin pre-sale is scheduled to take place in four stages, and prospective buyers are expected to see a 20% increase in price from the current price of $0.1 to $0.12 at the time of listing on the exchange. After the pre-sale, the Bitmart listing has already been confirmed.
During the coin presale period, 80% of the maximum 1 billion supply was sold, with a hard cap of $6.5 million and a 50% unlock benefit for presale tokens in the Token Generation Event (TGE).
Built on an efficient polygon network, yPredict is a token smart contract developed by a docked and KYC-verified team and audited by Coincert.
For more information, you can read the yPredict white paper or join the Telegram group.
| Pre-Sale Begins | 1st quarter 2023 |
| Means Of Purchase | MATIC, ETH, USDT, BNB, credit cards |
| Blockchain | polygon |
| Hard Cap | $6.5 million |
| Minimum Investment Amount | 200YPRED |
| Maximum Investment Amount | N/A |
8. eTukTuk – The Recommended New Coin That Provides An Energy-Efficient Solution For Tuktuk Transport
eTukTuk is a project that aims to improve climate change by reducing air pollution and lowering carbon emissions by utilizing blockchain technology.
It aims to solve environmental problems by building electric vehicle supply equipment (EVSE) and electric vehicle charging stations in developing countries such as Sri Lanka and provides a profitable 1,000% staking average annual return (APY).
This initiative seeks to address rising energy costs associated with internal combustion engines (ICE), which rely on non-renewable fossil fuels and result in significant carbon dioxide emissions. Ituktuk, which has now raised more than $200,000, is working to promote eco-friendly alternatives and have a positive impact on air quality and carbon emissions.
ItukTuk plans to encourage tuktuk drivers to adopt zero-emission vehicles (ZEV) by offering a dedicated driver app. The app allows tuk-tuk drivers to charge their vehicles at electric vehicle charging stations and utilize $EV, the platform’s native token, for transactions. Recognizing that building multiple charging stations can be expensive, Ituktuk plans to work with local partners to promote the implementation of eco-friendly initiatives.
Local partners working with Ituktuk will play a key role in operating and installing the necessary equipment for electric vehicle charging stations. In return for their contribution, these partners will be compensated based on the total funds generated through the charging station.
Additionally, token holders can participate in power staking and help operate charging stations by staking tokens on power nodes. As trading volume increases, token holders will receive APY from the staking pool.
$TUK tokens based on Binance Smart Chain are currently available for purchase during the pre-sale period. To learn more about this sustainable project, please refer to the Etuktuk whitepaper or join our Telegram channel.
9. Chimpzy – Eco-Friendly Cryptocurrency Project Coin Recommendation That Protects Wild Animals And The Environment
The next best cryptocurrency to introduce is Chimpzee, a sustainable digital currency that strives to protect wildlife and solve climate problems. The project is making a splash in the market this year by introducing a groundbreaking cryptocurrency incentive model to combat the alarming increase in deforestation.
If conscious efforts are not made to regenerate forests, approximately 1 million species of plants and animals are expected to disappear soon. The interconnected problems of climate change and wildlife destruction pose a threat to human survival. Even children learn this, but preventive measures are often delayed until a serious disaster occurs.
Chimpzee is changing this situation by leveraging blockchain as a tool for global coordination of climate action. First of all, the project donates 10% of the total coin supply to reputable initiatives with similar causes. Chimpzee actively supports these efforts by partnering with organizations such as The Giving Block, OneTreePlanted, and the WILD Foundation.
The project encourages individuals and organizations to earn passive rewards while participating in the fight against climate change. Participation in one of the three ecosystem pillars can provide attractive rewards, promoting a symbiotic relationship between environmental protection and financial incentives:
Chimpzy Store – A portion of the profits generated from the sale of unique products are donated to affiliated organizations. CHMPZ coins are paid as compensation for sponsorship.
Chimpzy NFT Marketplace – You can participate in transactions and earn profits in the first NFT marketplace that distributes a portion of transaction fee revenue to users. The platform prioritizes environmentally focused NFTs.
Zero Tolerance Game – CHMPZ An exciting play-to-play epic quest where you can collect coins and win premium prizes.
Chimpzy NFT Passport provides exclusive community membership, providing enhanced benefits and greater rewards within the ecosystem. Although it has not been officially released yet, you can reserve a spot for issuing a ChimpZ NFT passport by purchasing CHMPZ, the ecosystem’s default coin, during the pre-sale period. Also, if you purchase CHMPZ during this period, you can receive bonus coins for free.
CHMPZ, expected to reach a market cap of $1 billion within a month of launch, is attracting attention as one of the most promising recommended coins this year. After listing on the exchange, the price is likely to rise 20 to 30 times thanks to adoption by brands and celebrities. More than $2 million has currently been raised in presale.
| Native Token | CHMPZ |
| Total Supply | 200 billion |
| Pre-Sale Quantity | 40 billion |
| Network | Ethereum (ERC20) |
| How To Purchase | ETH, USDT, credit card |
10. Scorpion Casino – Licensed Coin Casino Tokens with Amazing Staking Rewards
In an ever-evolving coin environment, new projects continually emerge, providing innovative ideas or improving existing industries.
Scorpion Casino, which falls into the latter category, integrates the benefits of decentralized technology into the realm of online sports betting and casinos. The online sports betting and casino industry has been experiencing notable growth in recent years and is expected to expand further in the future. This is why you should pay attention to Scorpion Casino.
The platform provides users with access to a wide range of games, boasting over 200 casino games and 160 live games, all of which are licensed and fair play verified. Players can enjoy a variety of popular games such as slots, blackjack, roulette, poker, and live casino experiences.
The casino partners with renowned providers such as Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC to ensure a high-quality gaming experience. The platform also expands its services to sports betting, covering a variety of sports such as soccer, tennis, American football, horse racing, basketball, golf, boxing, and mixed martial arts.
Scorpion Casino’s ecosystem consists of a platform, affiliate system, and SCORP token. The platform acts as a licensed coin-based betting and casino platform, and the affiliate system operates as a referral and rewards mechanism. SCORP tokens function as governance and reward tokens, providing exclusive benefits to users.
SCORP tokens provide users with four main benefits: First, it is used as an exclusive payment method within the ecosystem. Token holders can also earn passive income, receive weekly bonuses and free games, and participate in an affiliate system.
The total supply is 1 billion, with 280 million distributed for pre-sale and 300 million allocated for affiliate rewards.
Scorpion Casino’s roadmap outlines future development plans, including live affiliate events, partnerships, marketing campaigns, and collaborations. In the second half of this year, we will focus on expanding our platform for substantial growth.
The project has already demonstrated strong early support, raising over $1.7 million in presale.
11. Bitcoin – The First And Largest Recommended Coin With Unparalleled Long-Term Potential
Founded in 2009, Bitcoin is undoubtedly the most famous virtual currency (coin). Over the years, Bitcoin has grown into prominence, gaining widespread public acceptance and maintaining its status as the coin with the highest market capitalization.
In 2016, it cost about $500 to purchase one Bitcoin. Bitcoin continued its unprecedented rise despite its inherent volatility, exceeding $68,000 by the end of 2021. This surge has sparked great interest among cryptocurrency enthusiasts who want to understand how to buy Bitcoin to take advantage of the potential returns.
However, the coin environment is characterized by repeated fluctuations. In 2022, Bitcoin suffered a significant decline, losing more than 70% of its market value. Bitcoin is currently trading in the $27,000 range.
Nevertheless, there are many claims that Bitcoin is currently significantly undervalued, with investment bank Standard Chartered recently predicting Bitcoin’s target of $100,000 by the end of 2024.
Today, Bitcoin is not only an online payment system used by numerous sellers but is also used as loan collateral, a means of coin casino activity, and an asset that can earn annual interest through staking. Some service providers also allow you to purchase Bitcoin with your bank account.
12. Ethereum – The Best Recommended Coin To Buy For Long-Term Growth, Preferred By Web 3.0 Developers
Ethereum is considered the most preferred blockchain by decentralized app (dApp) developers based on its scalability, speed, user-friendly development environment, and large user base.
With hundreds of protocols built on the blockchain, Ethereum’s Total Value Locked (TVL) is almost five times that of its closest competitor, making it an attractive choice for those looking to buy the best cryptocurrency.
Like Bitcoin, Ethereum has experienced significant growth since its launch. The price of Ethereum, which was about $11 in 2017, soared to an all-time high of about $4,800 in 2021, recording an increase of over 43,000% and solidifying its position as one of the best altcoins for investment. However, due to a major market crash, the value of Ethereum plummeted to around $1,000 by the end of 2022.
In 2023, Ethereum has shown notable resilience and is currently trading at around $1,850. In addition to market performance, Ethereum is further solidifying its status as the best cryptocurrency to invest in through continuous improvement.
The switch to a proof-of-stake mechanism in 2022 has significantly reduced the blockchain’s carbon footprint, and the recent Shanghai upgrade will allow for the withdrawal of staked Ether for the first time.
Recognized as one of the best cryptocurrency exchanges, OKX provides convenient access to Ethereum with low fees and innovative copy trading tools. Collectively, these factors make Ethereum the best choice for long-term investment.
13. Cardano – A Unique Blockchain With A Notable Increase In Developer Activity And Participation
Cardano is a coin that aims to compete with Ethereum in the smart contract market, emphasizing excellent scalability and developer friendliness. This is achieved through the implementation of two technology layers for value transfer and ledger balance tracking.
Aside from these technical aspects, Cardano has many other interesting elements that could make it an attractive option for investors. For example, Cardano completed an upgrade in September 2022 to further improve scalability. Additionally, it has established itself as a significant player in the decentralized finance (DeFi) space by introducing its own stablecoin coin, solidifying its status as one of the best DeFi coins worth considering for investment.
14. IOTA – A New Blockchain Protocol For IoT Devices And M2M Communication
IOTA, a digital token currently considered a top recommended coin by some investors, is strategically positioned to play a key role in enabling micropayments in the Internet of Things (IoT) environment, where machine-to-machine (M2M) interactions are expected to become common. there is.
What differentiates IOTA from other coins is that it deviates from existing blockchain technology. Instead, the project relies on a decentralized acyclic graph consensus algorithm called ‘Tangle’ to verify transactions.
This innovative approach addresses several limitations inherent in existing blockchain networks. For example, IOTA transactions do not require approval to create new blocks, verify transfers, or participate in voting on proposals.
One notable advantage of IOTA is its fast transaction speed. Transactions on the IOTA network can be executed in seconds, a marked improvement over traditional blockchain networks.
Additionally, IOTA facilitates fee-free transactions, ensuring network expansion does not negatively impact transaction costs. The unique combination of these features makes IOTA a promising coin in the IoT and M2M communication areas.
15. Monero – Recommended Privacy Coin That Achieves True Anonymity With Ring Signatures And Stealth Addresses
Monero (XMR) is the oldest and most popular privacy coin, and although there is some debate surrounding its ranking, it is widely regarded as one of the most recommended coins in its class. It started as a proof-of-work (PoW) project in 2014, and its founder is anonymous.
Unlike most other privacy coins, Monero uses ring signatures and stealth addresses to hide both sender and recipient addresses. In particular, Monero goes beyond general privacy features and the balance and transactions within the Monero wallet are not only private, but are also obfuscated and hidden from outside view.
To further enhance privacy, Monero utilizes Dandelion++, a protocol designed to hide the IP addresses of devices involved in transactions.
Although Monero’s privacy features are strong, there are some drawbacks. It takes approximately 21 minutes to execute a transaction in the Monero ecosystem, and since it is a proof-of-work blockchain, it may not be the most environmentally friendly option. However, Monero provides excellent privacy features to its users by default, making it an excellent choice in the realm of privacy-focused coins.
16. Polkadot – Recommended Coin Project Promoting Blockchain Interoperability
The last digital token is Polkadot, founded in 2016 with a focus on connecting various blockchains. This interoperability protocol enables secure data exchange and transactions between different blockchains. In particular, Polkadot supports developers to create their own blockchain, adding diversity to blockchain functionality.
Polkadot’s partnerships further contribute to Polkadot’s appeal. The coin has partnerships with notable companies, including working with Chainlink to utilize the Oracle network and Ankr StakeFi to allow investors to stake DOT tokens and generate passive income.
Polkadot experienced positive momentum during the 2021 coin bull market, but like many other digital assets, its value declined in 2022. Currently, DOT tokens are trading at around $5.5.
How To Decide Which Coin Is Best To Invest In
It should be clearly understood that coin investment involves volatility and risk, so investors need to conduct their own independent investigation. In particular, new virtual currency projects may have high potential returns, but the market is not as established as existing projects, so volatility may increase.
As mentioned earlier, identifying the best coin to buy at any given time can be difficult even for seasoned investors. To address this, it is important to look at a comprehensive review and evaluation process that encompasses key metrics from transaction volume to actual adoption.
This holistic valuation approach helps investors make informed decisions in the dynamic and complex environment of the cryptocurrency market.
How to Spot Potential Red Flags
When exploring cryptocurrency projects, especially new ones, it is a good idea to comprehensively review the project’s website and whitepaper.
When evaluating these projects, it is worth paying attention to the following potential warning signs:
- If the white paper is poorly written, rushed, or lacks clarity, the project may not have been thoroughly planned and may be a scam.
- There is no roadmap.
- If you have a low number of social media followers or a large number of followers but a lack of activity on your posts, this suggests that you may have purchased followers.
- If the developer is anonymous, there may be concerns about the transparency and accountability of the project.
Meme Coins, which fall into the highly speculative category of cryptocurrency assets, often show many red flags but can still yield high returns. Many of these coins become successful in a short period of time, with factors such as hype, word of mouth, and community interest playing an important role.
A representative example is Pepe, which has seen significant growth, with a market capitalization approaching $2 billion, purely through word of mouth, FOMO (fear of failure), and the greed of speculative investors. In particular, Pepe’s token has only minimal ‘value’ in terms of utility.
However, in just six weeks, Pepe’s market capitalization plummeted $1.5 billion from its peak, remaining at about $350 million. These rapid rises and falls are a good example of how meme coins can be affected by rapid and unpredictable market dynamics in the cryptocurrency space.
High Upside Potential
The most important aspect to consider in compiling this list is growth potential, both short-term and long-term.
Key factors to consider immediately include the project’s current price, use cases, token economics, past performance, and future roadmap. It is also important to evaluate the popularity of a project and market sentiment, as these factors have a significant impact on price movements.
Let’s look at Bitcoin, which is currently trading between $25,000 and $30,000. Bitcoin is currently down more than 60% after hitting an all-time high of $70,000 at the end of 2021, but it still remains the most profitable coin, with a high performance of more than 40,000,000% over its entire life cycle.
Conversely, new coins are often launched with much higher price potential, often achieving returns of over 300%, but they also carry a greater risk factor. Tamadoji (TAMA) soared nearly 2,000% when listed on the exchange after achieving a 300% return in pre-sale.
Undervalued Price
Before making a purchase decision, investors may find it advantageous to focus on digital tokens where the coin’s current price appears to be trading below its potential value.
There are a variety of tools available online, including data aggregation platforms such as CoinMarketCap or CoinGecko, which can track the market capitalization of various tokens. DEXTools provides insight into new coin trends, while advanced tools such as TradingView and companies such as Glassnode and DeFiLlama provide comprehensive market analysis.
Another way to buy coins at a low price is to invest in presales, which offer tokens at a steep discount when the project is in its early stages.
Some analysts believe Ripple may be undervalued, especially if the ongoing two-year legal battle with the SEC concludes successfully in 2023. A court victory could establish XRP as a regulated token, which could lead to a significant price surge.
Another potentially undervalued coin is Cardano (ADA), which continues to underperform in terms of price despite on-chain data from DeFiLlama proving the network is busier than ever.
Long Term Usefulness
Finding the best coin investment in the long term is difficult. Regardless of the broader industry landscape, the most promising featured coins are those that stand out from the competition in the market, particularly through their unique utility.
A project that stands out gives investors a compelling reason to choose it from among numerous options. This includes creating a need for use by solving real-world problems or improving lives in meaningful ways, rather than simply existing as an investment vehicle.
Launchpad
While Bitcoin is primarily seen as a store of value and ‘digital gold,’ Ethereum, which is used as a partial currency, stands out as one of the best utility tokens. According to DeFiRama data, Ethereum’s total value locked (TVL, the value of applications built on its chain) accounts for nearly 60% of the overall market, totaling $25.3 billion at the time of writing. This figure is almost five times larger than the $5.4 billion of its closest competitor, Tron.
Project Roadmap
When evaluating a new coin, investors should carefully look at the project’s roadmap. If you don’t have an actionable roadmap with achievable goals, this should be considered a major red flag.
Conversely, if a project outlines its future plans clearly, assessing the coin’s potential performance and how the developer intends to work to achieve these goals can be a simpler task. A well-crafted roadmap can provide valuable insight into the project’s vision, strategy, and team efforts to achieve goals.
Market Capitalization
The market capitalization of a cryptocurrency is used as a key indicator of the dominance, popularity, and overall value of coins circulating in the market.
Tokens with large market capitalizations are often popular and considered relatively safe, but this also means that their potential for rapid price increases is limited. On the other hand, investing in coins with small market capitalization offers a much higher upside compared to existing coins, but the risk and size of losses are much greater.
These risks are especially evident in new projects still in the pre-sale phase, where there is certainly a lot of upside potential that could result in significant returns for early investors.
Trading Volume and Liquidity
When looking for the best coin to buy, it is very important to look at trading volume and liquidity. The following factors play a key role in assessing how efficiently a coin can be traded on the market:
- Market Stability: Altcoins with high trading volume tend to have better market stability. This is because there is a lot of participation in the market by buyers and sellers, making it less sensitive to price fluctuations due to large buy or sell orders. Conversely, coins with low trading volume may be more vulnerable to price manipulation by influential investors such as crypto whales.
- Ease of Buying and Selling: High liquidity makes it easy to buy and sell coins without significantly affecting the market price. This is especially important for short-term day traders who want to profit from rapid price movements. Assets with limited liquidity may experience slippage and may not achieve the trading price expected by the trader.
- Narrow Spread: Liquidity directly affects the bid-ask spread, which is the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. In highly liquid markets, bid-ask spreads are typically narrow, which helps minimize trading fees. On the other hand, in a market with low liquidity, a wide bid-ask spread can reduce potential profits.
Past Performance
Analyzing a coin’s past performance can provide insight into how the coin has performed historically in various market conditions and determine how it may trade in the short and medium term.
Many investors use technical analysis trading methods, especially when day trading, using technical indicators such as intraday trading volume (OBV), moving average convergence divergence (MACD), relative strength index (RSI), and various oscillators. It is important to note that day trading is not recommended for beginners and usually takes months, if not years, to fully understand.
MonaCoin is a token that has experienced tremendous growth but has had difficulty maintaining its performance. This Japanese meme token, which is traded only on select exchanges, rose from approximately $0.02 in January 2017 to $16.45 in December 2017, an incredible increase of 71,421%.
However, its value fell quickly, hitting $5 in April 2018, and has not traded above $1 since February 2022. At the time of this writing, MONA can be purchased for $0.35, down 98% from its all-time high.
How To Easily Invest In The Best Coins
We introduce a simple guide to purchasing coins comfortably, safely, and quickly at home:
- Step 1: Open a coin trading account at a regulated broker or exchange. We recommend eToro, which is regulated by the highest level of financial authorities and supports copy trading.
- Step 2: Take full advantage of all features of the eToro trading suite by meeting Know Your Customer (KYC) requirements.
- Step 3: Deposit funds into your account through various payment methods. The minimum deposit amount for U.S. individual investors is $10.
- Step 4: Search for coins in the Search tab and evaluate each altcoin individually using comprehensive research and charting tools.
- Step 5: Click the Trade button and specify the amount of coins you wish to purchase. Click ‘Start Trading’ and your allocated digital assets will be added to your eToro portfolio.
Conclusion
Investors must first conduct thorough due diligence on the project before investing. Look for projects with solid fundamentals and a clear vision for the future, while also keeping an eye out for red flags that indicate poorly run projects or potential fraud.
One of the recommended coins worth paying attention to right now is the Bitcoin ETF token. The token is designed to reward holders following the approval of a spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) and related events. More than $150,000 has already been raised through pre-sale, and investors can earn an average annual return on staking of more than 1,500% in the early stages.
Additionally, participants will benefit from the token burn mechanism, which will contribute to lowering the overall token supply.