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Are you looking to gain exposure to cryptocurrencies but unsure which projects to invest in? 

There are more than 25,000 cryptos available to purchase and while many offer the potential for massive gains, others turn out to be total failures or outright scams.

For both new and experienced crypto investors, the sheer size of the market can be overwhelming.

In this guide, we analyze the best crypto to buy now and over a wide range of projects to suit both short and long-term investors, from upcoming projects still in their presale stage to established favorites such as Bitcoin and Ethereum.

Read on to discover the top crypto assets for 2024. 

The Best Crypto to Buy Now Shortlisted

Here’s an overview of the best crypto to buy now:

  1. Dogecoin20 (DOGE20) – Best meme crypto with high staking yields; $3 million raised already.
  2. 5th Scape (5SCAPE) – Virtual reality cryptocurrency platform. Over $2.6M raised on presale.
  3. Sponge V2 (SPONGEV2) – New token plans to launch a P2E game and list on Binance and OKX.
  4. Smog (SMOG) – Overall best meme coin, doing a 490 million token airdrop on Solana for holders.
  5. eTukTuk (TUK)New crypto fights climate change with electric tuk-tuk vehicle, offers 143% APY.
  6. Bitcoin Minetrix (BTXMTX) – Crypto with a stake-to-mine utility, raised more than $11.4 million.
  7. Scorpion Casino (SCORP)Casino token that offers many perks, raised over $6 million.
  8. Poodl Inu (POODL) – Dog-themed meme cryptocurrency offers 267% staking yields.
  9. Polygon (MATIC) – An established layer-2 for the Ethereum ecosystem.
  10. Chainlink (LINK) – Collects and distributes real-time data for smart contracts.
  11. Ethereum (ETH) – Leading network to build on and enables developers to create smart contracts.
  12. Cosmos (ATOM) – ‘Blockchain interoperability’ chain, expected to play a major role in Web3.
  13. Bitcoin (BTC) – The largest cryptocurrency in the world, $1.2 trillion market cap.
  14. Stellar (XLM) – Stellar has formed many notable partnerships, including MoneyGram, IBM, and Circle.

A Closer Look at the Best Cryptocurrency to Invest in 2024

In the sections to follow, we evaluate the best cryptos for 2024. 

1. Dogecoin20 – Overall Best Meme Coin, ERC-20 Token with 304% APY

First on our list of best cryptocurrency to buy in 2024 is Dogecoin20. This new meme coin features crypto’s favorite dog, the Shiba Inu. The token is currently listing at $0.0002 in a presale that’s raised over $3 million in just a week.

dogecoin20

Dogecoin20 describes themselves as Dogecoin if Elon Musk had made it. Rather than using energy-intensive mining methods, Dogecoin20 is an ERC-20 token allowing it to use a fraction of the energy while enjoying the higher speed and increased security of the Ethereum network.

An additional benefit is that this means holders can also stake their $DOGE20 tokens for passive income in the form of rewards. Currently, the staking yield for investors is at 304% but this can decrease as time goes on. Those who join the Dogecoin20 community early will reap the highest rewards.

With the current buzz surrounding meme coins – and especially doge meme coins – this is crypto to watch out for.

Find out all the latest developments by following Dogecoin20 on X – formerly known as Twitter – and joining their Telegram discussion channel.

Hard Cap N/A
Total Tokens 140 billion
Tokens available in presale 35 billion
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, BNB, Card

2. 5th Scape – VR Crypto Gaming Platform Offers Discounts to Token Holders

5th Scape is the world’s first virtual and augmented reality cryptocurrency ecosystem. Through the $5SCAPE token, investors can access a suite of VR-themed gaming experiences, blockbuster movies, and educational content.

$5SCAPE token holders get lifetime access to a curated collection of VR gaming experiences. These include Cricket and Soccer simulations – which give you a live matchday experience. Through the MMA-themed game called ‘Cage Conquest,’ you can engage in strategic training sessions and take part in online tournaments.

5th Scape homepage

5th Scape offers hyper-realistic gameplay by using VR gaming headsets and chairs. These products use precise motion tracking and visual realism to provide top-quality VR experiences. All products are offered at discounted priced to $5SCAPE token holders.

The $5SCAPE token can be one of the best cryptos due to its direct exposure in the VR and AR gaming landscape. The token has a total supply of 5.21 billion, 80% of which is currently being distributed through the presale.

The presale consists of 12 rounds, and has a hard cap target of $15 million. At the time of writing, $5SCAPE is priced at just $0.00248 per token. Read the 5th Scape whitepaper and join the Telegram channel to learn more about this project.

Token symbol 5SCAPE
Presale supply 4,164,175,455 SCORP
Token type ERC-20
Payment methods ETH, USDT, BNB, MATIC, Card
Listing price $0.01

3. Sponge V2 – New Version of Explosive 100x Meme Coin, Aiming for Binance and OKX Listings

Summer this year saw $SPONGE emerge as a major meme coin sensation, skyrocketing over 100x to reach a market cap of $100 million following its launch. This meteoric rise minted new crypto millionaires and created a buzz in the cryptocurrency community.

Currently, $SPONGE is making a comeback with its new V2 token, aiming to surpass its predecessor in scale, efficiency, and appeal.

Sponge V2 Presale

According to the $SPONGE whitepaper, the new V2 token is setting the stage for a play-to-earn crypto game in which players can race Spongebob Squarepants and earn $SPONGE.

In addition, the project is setting its sights on major Tier-1 exchange listings, including Binance and OKX. It’s already listed on exchanges like Gate, MEXC, Bitget, Poloniex, and CoinW, so these Tier-1 exchanges appear close within reach.

A listing on Binance would likely set off an avalanche of buying activity in $SPONGE. Binance recently listed meme coins including $MEME and $BONK and both tokens saw their prices skyrocket afterwards.

The only way to get $SPONGEV2 right now is by bridging from the V1 token. Investors who stake and permanently lock their V1 tokens will earn $SPONGEV2 rewards for the next 4 years.

Sponge V2 Miss 100x Pump

Investors who buy new $SPONGE V1 to stake will also receive an equivalent amount of V2 tokens right away as a bonus for their purchase. So, now is the best time to make the jump to $SPONGEV2.

This project is moving fast, so be sure to follow $SPONGE on X, Telegram, and Discord to get all the latest updates about the bridge to V2 and upcoming listings.

Hard Cap N/A
Total Tokens 150 billion
Tokens available in presale N/A
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, Card

4. Smog – Overall Best Meme Coin on Solana, Airdropping 490 Million Tokens

Smog is the new meme coin on Solana, riding the hype wave of its predecessors like Bonk, Myro, Pepo and Dogwifhat. Bonk returned over 12,000% to investors in just a few months in 2023, and Smog aims to beat that.

For that purpose, the team will airdrop 490 million tokens and use 50% of the total token supply for marketing purposes to bring new eyes to the project and build hype. If successful, this could be the best cryptocurrency to buy this year.

Smog token page

To participate in the airdrop and earn a piece of the pie, you need to buy $SMOG tokens and hold them in your wallet. This way you earn airdrop points. Earn more points by completing quests in the Zealy campaign.

$SMOG is a Solana-based token, meaning you need a specific wallet to buy and hold the token. Choose from Phantom, Solflare and Backpack, and connect the wallet to Jupiter, which is the largest aggregator on Solana. Buy $SMOG tokens with USDC, USDT or SOL and hold it for the airdrop.

SMOG tokenomics

Read the Smog whitepaper for more details about the project. Also, follow Smog on X and join the Smog Telegram channel to get the latest information.

Hard Cap N/A
Total Tokens 1.4 billion
Tokens available in presale Not a presale
Blockchain Solana
Token type SPL
Minimum Purchase None
Purchase with USDT, USDC, SOL or any other Solana-based token

5. eTukTuk – Creating a Network of Electric Tuk-Tuks and Charging Stations in the Emerging Markets  

eTukTuk is also one of the best new crypto to invest in for long-term sustainability. Put simply, the project will reduce carbon emissions in the emerging markets through electric tuk-tuks.

Not only will this help overpopulated cities reduce their carbon footprint but also make transportation more affordable. 

eTukTuk network

eTukTuks are developed with locally sourced materials and with sustainability and safety in mind. What’s more, the project will also power a network of charging stations. This will further reduce costs for drivers. We also like that the eTukTuk ecosystem is being developed on the blockchain. 

This offers many benefits for eTukTuk drivers, such as transparent pricing and the ability to tokenize ownership. The blockchain will also allow eTukTuk drivers to tokenize their identities, enabling them to remain compliant with local transportation bodies. eTukTuk also has its own native token, TUK. 

eTukTuk presale

TUK comes with many utilities, including payment for electric charging services. It can also be used by passengers when paying eTukTuk drivers.

TUK is currently being sold on presale, where more than $1.6 million has been raised so far, with more than 143% staking APY available. 

Hard Cap $120,000
Total Tokens 2,000,000,000
Tokens available in presale 5,000,000
Blockchain Binance
Token type BEP20
Minimum Purchase 100 tokens
Purchase with USDT

6. Bitcoin Minetrix – New Crypto Offering a Unique Stake-To-Mine Mechanism

Bitcoin Minetrix offers a unique protocol that tokenizes the Bitcoin mining space – which has long been the preserve of multi-million-dollar companies.

With Bitcoin Minetrix, users can stake native token $BTCMTX to generate cloud mining power and earn BTC directly to the wallet on a dedicated mobile app, removing the high barrier for entry.

Bitcoin Minetrix presale

The project has become a hit with investors as it opens up cloud mining to retail investors from just $10.

More than $11.4 million has been raised since the project launched, while buyers are also able to immediately add their tokens to the staking pool and earn 59% annual percentage yield (APY).

The average cost to mine 1 BTC is currently over $30,000 given the advanced computer hardware, processing power and energy consumption, meaning it is largely in the hands of huge companies.

Cloud mining – where users or groups rent hardware or processing power – emerged as an alternative but has not been that successful due to scammers insisting on long contracts and huge up-front fees.

Bitcoin Minetrix roadmap

By tokenizing the process, Bitcoin Minetrix allows BTCMTX token holders to mine BTC safely and autonomously – as they are able to withdraw their tokens at any time.

The process works by staking BTCMTX, which generates cloud mining credits, a non-transferable ERC-20 token. The credits are then burnt to purchase cloud mining power, with mined BTC then distributed to stakers via the Bitcoin Minetrix app.

The project has already been a huge success with over $911.4 million raised and over 600 million tokens added to the staking pool. $BTCMTX is currently priced at $0.0137 during the presale.

Hard Cap $33 million
Total Tokens 4 billion
Tokens available in presale 2.8 billion
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase 100 tokens
Purchase with USDT, ETH, BNB, Card

7. Scorpion Casino – Online Casino Tokenization With a Presale Upside of Over 200%

Scorpion Casino has developed a unique concept; a decentralized casino site that is backed by crypto tokens. Its casino is also live, allowing players to gamble cryptocurrencies anonymously.

Scorpion Casino hosts everything from blackjack, video poker, and slots to live dealers and sports betting and has now raised around $6 million in its presale.

Scorpion Casino homepage

The project’s native token, SCORP, is currently being sold at presale prices. There are many perks to buying SCORP early. First and foremost, the current presale price is just $0.017. Compared to the exchange listing price of $0.05, that’s an immediate upside of over 200%. Not only that but early presale investors will also be eligible for an exclusive NFT. 

There are four NFT types available, Bronze, Silver, Gold, and Platinum. Scorpion Casino NFTs come with many benefits. This includes a presale bonus of up to 40%, not to mention 25% in free casino credits. The specific NFT received depends on the amount invested and requires a presale purchase of at least $1,000. 

Scorpion Casino

Additionally, SCORP tokens can be staked to earn passive rewards. These are paid daily and can be used to gamble on Scorpion Casino games. Scorpion Casino is also running a $250,000 giveaway.

Presale investors are automatically entered into the giveaway after completing their purchase. Do note that once the current presale batch sells, the price of SCORP will increase. 

Hard Cap $1,000,000
Total Tokens 200,000,000
Tokens available in presale 480,000,000
Blockchain Binance
Token type BEP20
Minimum Purchase 100 tokens
Purchase with USDT, ETH, Bank Card

8. Poodl Inu – New Dog-Themed Meme Coin, Raised Over $470K on Presale

The next top cryptocurrency to watch in 2024 is $POODL, the native token of Poodl Inu. This is a dog-themed meme cryptocurrency, that has recently launched on presale.

Poodl Inu takes inspiration from other popular meme coins like Dogecoin and Shiba Inu. Compared to these tokens, it has a limited supply of just 6.9 billion. Currently, the meme platform is allocating 3.45 billion tokens (50% of the total supply), for the ongoing presale.

Poodl Inu presale

At the time of writing, $POODL is priced at only $0.000467 per token. Since the presale launched, Poodl Inu has raised over $470K. Early investors can also benefit from high staking yields through the Poodl Inu smart contract. Currently, the staking mechanism is offering 276% annual yields.

With more than 750 million tokens staked, the Poodl Inu staking mechanism is a hit among early presale investors. In the long run, 30% of the total supply will be distributed through staking rewards. Thus, Poodl Inu can be one of the best cryptos for earning passive income.

Another 10% of the token supply will be used for marketing purposes, while the remaining tokens will be set aside to maintain liquidity. Interested investors can stay updated with this project by going through the Poodl Inu whitepaper and joining the Telegram channel

Token symbol POODL
Presale supply 3,4500,000,000 SCORP
Token type ERC-20
Payment methods ETH, USDT, BNB, Card
Listing price N/A

9. Polygon – Layer 2 Solution for Ethereum – Increasing Scalability to 65,000 Transactions per Second 

Polygon was launched in 2019 with a simple objective – to help Ethereum-based projects to increase scalability, speed, and cost-effectiveness.

In a nutshell, ERC20 projects ‘bridge’ to the Polygon network, while remaining on the Ethereum blockchain. This increases the efficiency of ERC20 projects considerably. 

Polygon price chart

For instance, Polygon can handle up to 65,000 transactions per second. While the Ethereum network can currently handle just 12 transactions per second. Additionally, Polygon transactions take just two seconds to process. What’s more, Polygon transaction fees are much lower than Ethereum. 

In light of this, the Polygon ecosystem now boasts over 200 ERC20 projects. This includes everything from Chainlink, Render, and Decentraland to Aave, Dai, and Gala. To operate within the Polygon ecosystem, projects pay fees in MATIC. This is Polygon’s native token and it currently has a market capitalization of $6.3 billion. This is 70% lower than its all-time high. 

10. Chainlink – Connecting Blockchains and the Real-World With Reliable Data  

Chainlink is an established crypto project that connects blockchains with real-world data. Ordinarily, blockchains can only obtain data from within their respective ecosystems.

This prevents blockchains from accessing real-world information – something that will be crucial in the Web 3.0 space. 

Chainlink price

Chainlink solves this issue through ‘Oracles’. Put simply, Oracles obtain data from online sources and feed it back into blockchain smart contracts. Chainlink Oracles are decentralized and data is only considered after it has reached consensus. This ensures that data is free from manipulation and inaccuracies. 

For example, suppose Chainlink provides flight information to an insurance-based smart contract. It will check thousands of data providers in real-time to ensure the information is correct beyond doubt. Developers pay fees to use Chainlink Oracles, settled in LINK tokens. LINK is currently valued at $3.8 billion – 80% below its former peak. 

11. Ethereum – Large-Cap Smart Contract Ecosystem Supporting Over 450,000 ERC20 Tokens  

Launched in 2015, Ethereum is the most valuable cryptocurrency after Bitcoin. As per CoinMarketCap data, Ethereum currently has a market capitalization of over $220 billion.

Its decentralized framework enables developers to build and execute smart contracts. More than 450,000 ERC20 tokens have built their ecosystems on top of Ethereum. 

Ethereum price chart

Some of the most recognized ERC20 projects include Tether, USD Coin, Shiba Inu, Dai, the Sandbox, Decentraland, and Enjin. Whenever an ERC20 transaction goes through the Ethereum network, fees are paid in ETH. This creates demand for ETH, making it one of the best cryptocurrency to buy now for utility. 

Ethereum also has a solid investment thesis – especially at current prices. For instance, while investors will currently pay around $1,800 per ETH, this is over 60% below its all-time high. Additionally, the Ethereum Foundation is working on many core improvements to the network. This includes a significant increase in scalability and a decrease in GAS fees.    

12. Cosmos – Market Leader in Interoperability – Enabling Blockchains to Communicate and Share Data 

Cosmos is the best coin to invest in preparation for Web 3.0. After all, blockchains are expected to play a major role in the next generation of the internet.

But currently, blockchains can only share data within their own networks. This limits the real-world use cases for blockchain. 

Cosmos price chart

This is where Cosmos comes in. It has developed the Inter-Blockchain Communication protocol, which supports blockchain ‘Interoperability’. Put simply, this enables multiple blockchains to communicate and share data. This means Web 3.0 technologies – like crypto, NFTs, and the metaverse, can operate across multiple networks. 

For example, an Ethereum NFT can obtain data from the Solana ecosystem. Or XRP tokens can transfer data to Cardano. Cosmos is fueled by ATOM, its native crypto token. ATOM currently has a market capitalization of just under $3 billion. That said, during the prior bull market, ATOM was valued at over $10 billion. This offers a discounted price of over 70%.

13. Bitcoin – Long-Term Store of Value With a Discounted Entry Price of Over 55%

Bitcoin is the most recognized crypto asset globally. According to CoinMarketCap data, Bitcoin has generated gains of over 4.7 million percent since 2011.

At its peak, Bitcoin was valued at over $1.2 trillion. Currently, Bitcoin is trading over 55% lower, giving it a market capitalization of approximately $565 billion. 

Bitcoin price chart

This offers a great entry price for investors. After all, the next Bitcoin halving event is expected in April 2024. This is often the catalyst for a new, extended rally – considering the Bitcoin mining reward is reduced by 50%. Bitcoin is also considered a great store of value. Its supply is predictable and limited – capped at 21 million BTC. 

Unlike other stores of value – such as real estate and gold, Bitcoin is easily transferred. It can also be fractionalized into small units, making it accessible to all budgets. Bitcoin is also used as a hedge against hyper-inflationary currencies, such as the Turkish lira and Argentine peso. Most importantly, Bitcoin is completely decentralized and is not controlled by any government.

14. Stellar – Financial Inclusivity for the Unbanked With Fast and Low-Cost Global Transfers 

Stellar is an established cryptocurrency that was launched in 2014. It has its own blockchain network, which is one of the most efficient in the market.

For instance, Stellar can handle up to 1,500 transactions per second. It has an average block confirmation time of 5-6 seconds and fees cost just 0.00001 XLM (about $0.0000013).

Stellar price chart

Stellar has many use cases, especially for people living in the developing world who do not have access to basic financial services. According to the World Bank, more than 1.4 billion people are still without access to a bank account. This means that people rely on third-party remittances more than ever. 

The Stellar network cuts out the middleman and drastically reduces fees and transfer times. In other words, beneficiaries receive the vast majority of their remittance payments. Stellar is also suitable for companies needing to make cross-border payments. IBM and MoneyGram, for instance, have already partnered with Stellar. 

Stellar’s native cryptocurrency, XLM, currently has a market capitalization of $3.8 billion. This is over 75% below its former all-time high. As such, XLM is the best crypto to buy now for a hugely discounted entry price.

How to Decide Which Cryptocurrency is Best for You

It is important to know that not all cryptocurrency investments will generate profits. Bitcoin, for example, has shown incredible gains over its lifecycle but investors who bought during the 2021 bull run now hold an asset that is more than 50% down from its all-time high.

BTC may well recover to reach new all-time highs but it is not guaranteed – cryptocurrency is a highly volatile asset class and many projects see huge gains only to fall away and fail to ever recover. 

Therefore, research is absolutely crucial when selecting the best crypto to buy now and investors should also be aware of their own tolerance for risk and budget before investing in any token.

Here’s what to consider when searching for the best upcoming ICOs

Does the Token Have Utility?

A good starting point is to evaluate the utility of a crypto token. In simple terms, utility refers to the token’s use case. For example, TUK tokens are used for payment at eTukTuk charging stations – this incentivizes drivers to buy and hold TUK. 

Over time, a token’s utility can increase demand, especially for non-crypto investors.  

In contrast, some crypto tokens do not have any utility. While they can still generate investment gains, the target market is smaller. This is because people will only buy the respective token for speculation, rather than any identifiable use cases.  

Meme coins are the most obvious example of this, with that particular crypto niche existing solely on hype, community interest and FOMO (fear of missing out).

Several meme coins such as Pepe, Wojak, and Sponge have made incredible headlines in 2023 after returning thousands of percent in profits for early buyers. There are dozens more, however, that have failed and left investors with nothing.

Does the Project Have a Sizable Community? 

Some crypto projects have had unparalleled success because of a large community following. After all, token holders are incentivized to promote their crypto investments to the broader market. 

This means sharing and liking posts on social media and spreading the word on Reddit and other forums – this can quickly create hype and FOMO, meaning more people invest in the project.

Shiba Inu is a great example of a cryptocurrency that witnessed huge growth without any identifiable use cases. Due to the size of its community, Shiba Inu became a multi-billion dollar cryptocurrency within a year of its presale

Does the Crypto Project Solve Any Existing Problems? 

When choosing the best crypto investments, investors should research what problems the project solves, if any. This can help the project grow as more people become aware of the solution. 

Word of caution – many crypto projects have highly ambitious objectives and while they might claim to have a solution for a real-world problem, this isn’t always the case.

The project might need several years to achieve its goals, if they ever achieve them at all, which increases the risk significantly. 

Again, proper research and due diligence comes into play. Even if a project promises to solve a major issue, does it have a plan and the capability to do so?

What is the Upside Potential of the Crypto? 

The upside potential is extremely difficult to ascertain with any certainty, after all, the crypto markets are unpredictable and often irrational. 

For instance, at its peak, Shiba Inu had a market capitalization of $38 billion. This means Shiba Inu was worth more than the majority of US-listed companies, despite its limited real-world utility.

Shiba Inu has since added various utilities to its ecosystem – including its own layer-2 blockchain, decentralized exchange, NFT collection and metaverse – but its price has struggled to recapture those highs of early 2021.

shibarium

Nonetheless, the market capitalization is one of the most effective ways to assess the upside potential of a crypto. 

For example, while Bitcoin is one of the best crypto to buy now, it is already valued at over $500 billion. Similarly, Ethereum is currently valued at over $200 billion.

There is still an upside on these large-cap cryptocurrencies, and they are considered much safer than newer coins, but gains will be limited when compared to smaller projects.

This is why presales are so attractive to crypto investors. After the presale finishes, the majority will be listed on exchanges with a market capitalization of under $10 million. If the project then takes off, it can appreciate rapidly.  

As an example, BTC20 recently launched on exchanges having sold out its $6 million presale in just two weeks – the token then pumped 500% from $1 to almost $6 within three days of its listing.

Bitcoin, on the other hand, would need to reach a price of around $160,000 to make a 500% gain.

While that’s definitely possible in the future, it could take years because of the sheer size and volume needed for a move to that price, before even considering the resistance it would face on the way up as other investors took profits.

Different Types of Investors and Understanding Risk Tolerance

Investors are not built equally and each individual person will have a different appetite and tolerance for risk, based on various internal and external factors.

This can come down to the make-up of their personality – with some people naturally more cautious or risky than others – as well as influences such as their overall financial situation and investing goals.

There are three general profiles for an investor – conservative, moderate and aggressive – and it is vitally important for individuals to understand where they fit into those descriptions before they begin their investment journey.

Furthermore, it is important to fully grasp your current individual financial situation. $1,000 can be pocket change to some or a month’s wages to another, so investing those funds appropriately is wiser than chasing huge gains that may never come.

We would always suggest keeping a diverse investment portfolio not only within crypto niches but also one that has stocks, real estate and so on.

Are There Any Bear Market Discounts Available? 

Bear market discounts are highly attractive. They enable investors to ‘buy the dip’ when the broader markets are down. In other words, the best cryptocurrencies to invest in can be purchased at a huge discount. 

This strategy is also used in the stock market. For example, in early 2020, the S&P 500 declined from 3,380 points to just 2,304 points in a week. Those buying the dip would have secured a discount of over 30%. Since then, the S&P 500 has hit highs of 4,607 points, translating to growth of almost 100%. 

S&P 500 price

Currently, the majority of cryptocurrencies are also trading at a huge discount. This has been the case since the markets peaked in late 2021.

Bitcoin and Ethereum, for instance, are trading at over 55% and 60% below their all-time highs. In turn, now could be a smart time to start buying quality cryptocurrencies while prices are still low. 

Does the Project Have Notable Partnerships or Endorsements? 

The cryptocurrency markets are very reactive – especially when a positive news development is announced. For example, if a project secures a promising partnership with an established company. Or if a public figure endorses a specific cryptocurrency.  

Crucially, this often gives a crypto project credibility. For example, Stellar has formed partnerships with IBM and MoneyGram, which highlights that its payments network offers real-world value and is valued by globally recognizable firms. 

Important Considerations When Looking for the Best Cryptocurrency to Invest in

The risk-reward spectrum of cryptocurrencies is much higher than the stock market, which means that while the upside potential is high, so are the risks. 

Before investing, consider the important points discussed below.

Evaluate Affordability  

After choosing the best crypto to buy right now, one of two things can happen, the investment can either yield a profit or a loss.

Investors should, therefore, ensure that they are only investing money they can afford to lose. 

So before investing, it’s wise to do some calculations on everyday expenses, such as rent, food, and taxes and take all of that into account before setting an investment budget.

As outlined in the risk profile box above, some investors will have more spare cash than others based on wide variety of factors and financial responsibilities.

Independent Research is Crucial  

Never buy a cryptocurrency because of third-party advice. While analysts can help with insights and predictions, these should be taken with a grain of salt, with many influential players in the industry being paid to offer positive opinions.

Instead, take these recommendations as a prompt to look further into a project and then carry out independent research. 

This will ensure that the crypto investment is made in an informed manner. There are many ways to research the viability and potential of a cryptocurrency. This includes the project’s whitepaper, which should outline its goals and unique selling points. 

If the cryptocurrency is already established, consider reading relevant news stories. CoinMarketCap can also be used to analyze the financials, such as market capitalization and real-time pricing.

How to Conduct Crypto Coin Research and Spot Red Flags

Once you have found an interesting project or one that looks like it may have potential, it is important to conduct research.

The first step should be a project’s website, where a whitepaper and roadmap should be available to view. The whitepaper should essentially be a comprehensive manual of everything the project is setting out to do, including information on its utility, developing team, tokenomics and more. The roadmap is a plan of action that shows how the project will achieve its aims – any project can promise a $1 billion market cap, but showing how it plans to get there is another thing.

Next, investors should look at the developers behind the project. Having a doxxed and KYC-verified team is a major advantage, which usually means the project will not be a scam. Anonymity should be seen as a red flag with many projects, but is common with meme coins – in that case, it is important to look at the past track record of developers.

Partnerships and collaborations are also a good way to measure if a project has potential. If they have managed to secure partnerships with major brands or venture capital funds, that can be a huge seal of approval.

Check the sentiment around a project on social media, decide whether it is positive or negative and that there is sufficient community support for the project to grow. As outlined earlier, having a large number of followers in itself is not always necessarily a great sign, posts need to have high engagement as well.

Finally, check that a project has had its smart contract audited by reputable third-party firms. Legitimate projects will have nothing to hide in that regard, while nefarious ones will make them difficult to find.

Again, even following these steps does not guarantee that a project will be a success – ultimately, the market decides.

Create a Diversified Portfolio  

Seasoned investors will need to build a diversified portfolio as it reduces project-specific risks. In essence, do not put all your eggs in one basket.

  • For example, consider an investor who went all-in on FTX Token near its peak of $77. 
  • Currently, the investor’s crypto portfolio would be down 98%. 
  • An experienced investor might have allocated just 5% of their portfolio to FTX Token. 
  • The balance would have been made up of other cryptocurrencies. 
  • This means that the FTX collapse wouldn’t have had a major impact on their overall portfolio. 

The specific breakdown of a portfolio will depend on the investor’s risk profile. For example, some investors will allocate a small percentage to cryptocurrencies and the rest to other assets. This might include index funds and stocks. 

CoinMarketCap cryptos

Either way, the crypto-portion of the portfolio should be well diversified. For instance, if the investor has $1,000 to invest, they could buy 20 different cryptocurrencies at $50 each. Or 10 cryptocurrencies at $100 each, etc.  

Create a Suitable Investment Strategy  

There are many different ways to buy and sell cryptocurrencies. Investors should choose a suitable strategy for their goals and risk tolerance. 

For example, some investors prefer buying and holding crypto tokens long-term. This often means ignoring short-term trends and buying more tokens when prices are cheap. This strategy is ideal for beginners and those looking to invest passively. 

Alternatively, some investors prefer trading cryptocurrencies, taking advantage of market volatility.

However, this requires knowledge of chart analysis and technical indicators, which won’t suit newbies and takes a while to master.

Get Ready for Volatility and Unpredictability   

Cryptocurrencies are still a new concept, especially when compared to stocks and other assets. This makes it a lot more difficult to predict market cycles. The speculative side of cryptocurrencies is also an issue. 

The markets are extremely volatile, which can be intimidating for novice investors. Irrespective of the crypto being purchased, volatility cannot be avoided.

Investors must be prepared to see their portfolio rise and fall rapidly, and over short periods of time. 

While timing the markets is often impossible, investors should have an exit strategy in place – cashing out a percentage of gains once the crypto hits a specific price to ensure some gains are earned.

Is Now a Good Time to Buy Crypto? 

Similar to other financial markets, even the most successful investors find it difficult to predict broader cycles. This is especially the case in the volatile crypto markets. For example, Bitcoin peaked at over $68,000 in late 2021. 

It has since hit lows of around $16,500 in December 2022, a decline of approximately 75%, but in July 2023 returned to almost $32,000, a gain of 90% in those seven months.

The key point is that predicting these wild highs and lows is beyond realistic for most, even industry experts make poor calls and are unable to confidently pick when Bitcoin and other cryptos will improve or decline.

With this in mind, rather than trying to time the market, it might be best to dollar-cost average (DCA) crypto investments. 

This is a strategy where investors buy a small amount of crypto every week or month. When the markets are declining, the investor will buy crypto at a lower price point. And when the markets are rising, the investor will see their portfolio grow.    

It will mean that short-term volatility has a lesser affect on a portfolio and is more in line with a longer-term strategy. This strategy should be used in conjunction with diversification.

Another option is to fully capitalize on the crypto bear market. For instance, some investors will ‘double down’ when prices are low, as they are right now. This enables investors to buy the best cryptos at a huge discount. 

This strategy will pay off if the chosen cryptocurrencies regain their prior highs during the next bull run. But of course, there are no guarantees that this will happen and prices can always drop lower than they currently are.

Conclusion 

In summary, we have cleared the mist on the best crypto to invest in in 2024. However, investors should still do their own research and ensure they create a well-diversified portfolio.

In our view, Dogecoin20 ($DOGE) is the best crypto coin to buy now. This meme coin offers huge staking yields and an exciting presale with over $3 million raised so far. It’s a welcome addition to the world of meme coins with an environmental slant. 

References

FAQs

Which crypto is best for future investment?

Will crypto rise again in 2024?

How do you know which crypto will go up?

Which crypto is best to buy now?

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New cryptos to buy

The crypto market is currently in an exciting place, with signs that the industry is finally emerging from the crypto winter and heading towards another bull market. New tokens are being launched almost every day to solve real-world problems using blockchain technology.

Some new tokens see huge gains in a short span of time, with one of the most famous recent examples being Pepe, with one early investor seeing a $260 investment rise to $8 million.

The challenge for crypto investors is to determine which of these new projects has the potential to deliver significant returns. In this guide, we’ll highlight the best new cryptocurrencies to invest in for 2023.

The Top New Cryptocurrencies to Invest in Today

To help investors identify opportunities in the crypto market, we’ll highlight new cryptocurrencies to invest in today.

  1. Dogecoin20 – Top meme crypto to invest in with 304% staking rewards and ongoing presale.
  2. 5th Scape – A dynamic VR crypto gaming platform with $2.6 million raised already.
  3. Sponge V2 – Explosive 100x meme coin with newly launched V2 token. Get 202% staking APYs.
  4. Smog – Latest meme coin on Solana, doing a 490 million token airdrop to token holders.
  5. eTukTuk – Blockchain-powered charging and transport network, offers 233% staking APY.
  6. Bitcoin Minetrix – Earn Bitcoin mining credits with staking, raised over $10 million in a presale.
  7. Scorp Token – Online gambling and sports betting platform, raised over $4 million in a presale.
  8. DogeStar – New cryptocurrency with an upcoming NFT marketplace and metaverse environment. 
  9. Arkham – Platform that offers rewards for information to deanonymize crypto addresses.
  10. Sei – New blockchain network which supports a range of different use cases.
  11. Open Campus – Blockchain-based marketplace for educational resources.
  12. Bitcoin Spark – An emerging blockchain that combines the tech of Bitcoin and Ethereum.
  13. The X – A cross-chain protocol intended to make it easier to develop Web3 applications.

Reviewing the Best New Crypto Launches to Buy

Having covered some of the key considerations, read on to discover the best new cryptocurrency to invest in now.

1. Dogecoin20 – Best New Crypto with High Staking Yield and Community Focus

The crypto bull market has truly taken off and meme coins are showing great returns for holders. Our choice for the best new crypto is the meme coin Dogecoin20, a new cryptocurrency built on the Ethereum blockchain. With the $DOGE20 token, investors can earn staking yields of around 300% currently. Currently, $DOGE20 is available to buy on presale for $0.0002 per token – and has raised nearly $3 million.

dogecoin20 homepage

The token can be staked on the Dogecoin smart contract which offers staking APYs as high as 304% for keeping $DOGE20 locked. 12.5% of the total token supply is earmarked to reward early investors in the first year. For all these reasons, Dogecoin20 is a top new cryptocurrency to buy.

The presale is currently in progress, offering all tokens at the same price to ensure equal access for all investors. Additionally, upon completion of the presale, the project has implemented a token lock-up mechanism to prevent any potential dumping of tokens on the first day of trading.

For more information on the project, including how to invest and stake, be sure to visit the official website and download the whitepaper.

To keep up to date with all the latest news and product developments, you can follow Dogecoin20 on X and join the exclusive Telegram channel.

Hard Cap N/A
Total Tokens 140 Billion
Tokens available in presale 35 Billion
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, BNB, Card

2. 5th Scape – New VR Crypto Project Coin with Over $2.6 Million Raised in Presale

5th Scape is our next choice and is set to make big waves in not only the crypto landscape but also in education and entertainment through the use of VR. The team behind 5th Scape is launching a series of projects alongside next-gen immersive hardware that will take users’ experiences to the next level.

5th Scape homepage

Under the 5th Scape, there is a comprehensive array of games, interactive educational tools, films, animations, and digital adventures, all fueled by its native $5SCAPE token. This token facilitates transactions for purchases, upgrades, access to premium content, staking, and availing discounts making it a token with true utility.

5th scape tokenomics

5SCAPE  is currently in its second stage of the presale and is priced at $0.00248 per token. There will be 12 rounds in total, with the 5SCAPE price increasing to $0.0087 – an increase of more than 300%. So the earlier that investors get in, the cheaper and the higher potential profits.

The team plans to release multiple games alongside a motion-reactive gaming chair and the Ultra VR headset. Check out their whitepaper for more information.

If you want to know all the latest news about this upcoming VR project, follow 5th Scape on X and Telegram.

Presale Started 9 January 2024
Purchase Methods ETH, USDT, MATIC, BNB, Card
Chain Ethereum
Hard Cap N/A
Min Investment None
Max Investment None

3. Sponge V2 – New V2 Meme Coin That’s Rocketed 100x Once and Looks Set to Explode Again

$SPONGEV2 is a new version of the popular $SPONGE meme coin, one of the hottest tokens of the 2023 meme spring. After launching with a market cap of just $1 million, $SPONGE exploded upwards to a $100 million valuation.

Today, $SPONGE still maintains a $16 million market cap and has more than 11,650 token holders. It’s listed on a number of major exchanges including MEXC, Bitget, Poloniex, and Gate.io.

Sponge V2 Presale

Now, the team behind $SPONGE has set its sights even higher with the V2 token. The project aims to get $SPONGE onto Tier-1 exchanges like Binance and OKX. Listings on either of these exchanges could send $SPONGE soaring to new highs.

On top of that, the $SPONGE team is hard at work on a new play-to-earn crypto game that’s expected to drop in 2024. The new game will let players race as Spongebob Squarepants and earn $SPONGE tokens.

According to the Sponge V2 whitepaper, the only way to get $SPONGEV2 is to bridge in by staking V1 tokens. Staked V1 tokens will be permanently locked and issue V2 token rewards for the next 4 years.

Sponge V2 Miss 100x Pump

Anyone who buys $SPONGE right now and stakes their tokens will get an added bonus: a 100% purchase bonus in newly minted V2 tokens. So, investors don’t even need to wait for staking rewards to begin to get their hands on $SPONGEV2.

Follow $SPONGE on X, Telegram, and Discord to get all the latest updates about the V2 stake-to-bridge and listings on Binance and OKX.

Presale Started 17 December 2023
Purchase Methods ETH, USDT, Card
Chain Ethereum
Hard Cap N/A
Min Investment None
Max Investment None

4. Smog – Fair Launch New Crypto Delivering the Greatest Airdrop of All Time on Solana

The latest hype on Solana, called Smog, aims to outperform all Solana meme coins like Bonk and Dogwifhat in 2024. To do that, the team has set aside 50% of the total token supply for marketing purposes and 35% for a generous airdrop to $SMOG holders.

Unlike most new cryptocurrencies that have a presale, Smog is running a fair launch. This means you can buy the token directly on a decentralized exchange and sell it whenever you want, without any lock-up periods. Also, the price is determined by supply and demand.

Smog token page

You can buy $SMOG on Jupiter, which is the largest aggregator on Solana. Connect your Solana wallet (Phantom, Solflare or Backpack) and use SOL, USDC or USDT to make the purchase. Once you have the tokens in your wallet, they will accrue airdrop points. Earn more points by completing Zealy quests.

With a total token supply of 1.4 billion, 85% will be dedicated for hyping up the coin and reaching out to as many investors and traders as possible. This could be enough to get the token rolling and outperform Bonk.

SMOG tokenomics

Read the Smog whitepaper to learn more about this new cryptocurrency, and make sure to follow Smog on X and join the Smog Telegram channel for the latest news.

Presale Started Not a presale
Purchase Methods SOL, USDC, USDT or any other Solana-based token
Chain Solana
Hard Cap N/A
Min Investment None
Max Investment None

5. eTukTuk – Eco-Friendly Crypto Revolutionizing Developing World

eTukTuk is a blockchain-powered transportation network that aims to provide sustainable transportation solutions in developing countries. The company’s flagship product is the eTukTuk electric vehicle (EV) that is built to be a more affordable, zero-emission alternative to traditional TukTuks.

In addition to the eTukTuk EV, eTukTuk is also building a network of charging stations which will establish a crypto-powered payment system. Once the firm’s EV charging infrastructure is established, drivers will be able to pay to charge their EVs using the TUK token.

eTukTuk presale

The company behind eTukTuk has plans to raise $10 million through its initial presale. Early investors will then be able to stake their tokens and generate income from money raised by the charger network.

At the time of writing, the presale price for TUK tokens is $0.0265. As a tiered presale, the price rises at each stage up to a public price $0.04. Since launching the presale, eTukTuk has sold more than $999,000 worth of TUK tokens, with the current staking APY of over 223%.

eTukTuk home

TUK is an attractive long-term investment prospect due to the nature of its staking mechanism, which requires investors to lock their funds away for at least 15 years. In addition to funding the network’s growth, this will help to stabilize the price of TUK in the short-term and could prevent losses.

Go through the eTukTuk whitepaper and join the Telegram channel to learn more about this sustainable cryptocurrency.

6. Bitcoin Minetrix – Best Stake-to-Mine Crypto That is Tokenizing Cloud Mining

Bitcoin Minetrix is a revolutionary new crypto that is revolutionizing the Bitcoin mining space.

In recent years, Bitcoin mining has been totally unaffordable for the average investor and has become the main of multi-million-dollar mining firms.

Bitcoin Minetrix presale

The average price to mine one BTC is over $30,000, with the high barrier to entry due to the expensive mining hardware, computer processing power, and energy consumption needed to break Bitcoin’s complicated cryptographic equations.

Cloud mining – renting hardware or energy – is a viable alternative but many investors have been stung by scammers who operate in that market, charging high fees that eat into profits or locking them into long contracts that are difficult to get out of.

Bitcoin Minetrix is planning to upend the mining market by tokenizing BTC mining and opening it up to retail investors safely and cheaply.

Bitcoin Minetrix sees investors purchase $BTCMTX tokens which can then be staked to generate cloud mining credits. These non-tradeable ERC-20 tokens are then burnt in exchange for cloud mining power, with BTC then sent back to the user.

bitcoin minetrix reasons 2

The whole process is managed via a dedicated mobile app, with users able to unstake and trade BTCMTX at any time, giving them full autonomy over their mining activity.

The presale has been a huge success since launching and has already raised more than $10.7 million since it launched, with 600 million tokens added to the staking pool so far, which is now returning an annual percentage yield of 63%.

Tokens currently cost $0.0134 during the ongoing presale stage. A minimum purchase of just $10 allows users to mine BTC.

For more information read the Bitcoin Minetrix whitepaper or join the Telegram channel.

Presale Started 26 September 2023
Purchase Methods ETH, USDT, BNB, Card
Chain Ethereum
Hard Cap $33 million
Min Investment $10
Max Investment None

7. Scorpion Casino Token – Leading Crypto Casino Presale

Scorpion Casino is a new crypto casino that is quickly gaining popularity. The platform offers a wide variety of games, including slots, table games, and live dealer games.

One of the most unique features of Scorpion Casino is its revenue-sharing model. This means that users who hold SCORP tokens, the platform’s native token, will earn a share of the casino’s profits. This provides users with a passive income stream, and also gives them an incentive to help the casino grow.

Scorpion Casino Presale Homepage

If the platform manages to claim a dominant market position in the booming crypto casino space, SCORP could prove to be one of the best new coins of 2023.

Since the launch of the SCORP presale in late July, nearly 2,000 investors have snapped up over 80% of the allotted tokens. With a presale price of $0.029, Scorpion is targeting a $750 million initial raise before the tokens are made available on the open market.

As an indication of the size of the market for gambling coins, RLB, the native token of Scorpion’s more established peer in the space, has a market capitalization of hundreds of millions of dollars. If it grows to a similar size, SCORP could see its price multiply by as much as 500%.

Scorpion Casino gambling

More than $4 million has been raised so far – read the Scorpion Casino whitepaper and join the Telegram channel for more information.

8. DogeStar – Exciting Meme Coin will Offer NFT Marketplaces and Metaverse Games, Soaring on Presale 

DogeStar is a new meme cryptocurrency that possesses an array of financial prospects and possibilities. The project will aim to implement DeFi strategies, NFT platforms, and leverage digital marketing to expand its reach. 

DogeStar presale

More than just a meme cryptocurrency that can potentially lead to profits, DogeStar is emerging as a community driven by humor, engagement, and multiple Web3-focused use cases. As displayed in the platform roadmap – DogeStar will soon launch a metaverse game, launch NFT collections, and a merchandise store. At the center of all these ecosystems will be $DOGESTAR – the native cryptocurrency. 

While features such as the NFT and metaverse ecosystem are some time away from deployment – many will be interested in HODLing the token before the presale price increases. 

$DOGESTAR has managed to raise more than $260k through its presale in no time. At the time of writing, the token is priced at $0.00000025 during its 4th presale round. However, the listing price is set at $0.0000006 per token – an enormous 140% price increase from current levels. 

As seen with the release of recent meme coins such as Pepe Coin (PEPE) and Milady Coin (LADYS) – the price can multiply instantly after the exchange listing. With DogeStar’s listing set for the Uniswap DEX, a price pump could be on the cards in the coming months. 

DogeStar roadmap

Furthermore, DogeStar is created by an experienced team featuring multiple blockchain developers, graphic designers, and web3 experts. The DogeStar smart contract has been successfully audited by Coinsult. 

Stay tuned for future updates by joining the DogeStar Telegram channel and following the Twitter account. 

9. Arkham – An Opportunity to Invest in a Gamechanging Crypto Platform

Arkham Intelligence is an AI platform designed to deanonymize crypto addresses by matching them with real-world entities. It was built to enhance transparency in the industry, where many firms struggle to meet the know your customer (KYC) and anti-money laundering (AML) requirements demanded by regulators.

Arkham’s basic premise is novel but controversial. Referred to as “intel-to-earn,” the platform erects an intelligence economy that matches buyers and sellers of blockchain data that can help identify the owners of crypto wallets. The platform has its own native token ARKM.

Arkham presale

Binance Launchpad hosted a token sale for 5% of the total ARKM supply in July. Tokens were also airdropped to early users of the Arkham platform.

Since it started trading on exchanges, ARKM hasn’t exactly performed well. Since it was first listed on July 15, the token’s price fell from around $0.8 to less than $0.5 each.

But starting at the beginning of August the price of ARKM has somewhat stabilized and the Arkham platform is gaining traction.

In one of its first major successes, Arkham announced recently that bounty-hunters provided evidence of wallets holding over $160M in digital assets tied to Terraform Labs and its founder, Do Kwon. They were rewarded with a little over 9500 ARKM for their efforts.

Although its performance since July has been poor, long-term forecasts for the price of ARKM are generally more optimistic. For example, Coinwire predicts that the crypto could be worth as much as $0.713071 in 2024 with a low-end of $0.645796.

10. Sei – Hotly Anticipated Layer One Blockchain with Over 4 Million Users Already

Sei is one of the most eagerly anticipated layer one blockchains to be developed in recent years. But up until recently, there was no way for investors to get hold of SEI tokens.

However, on August 1, Binance introduces SEI farming to its launchpool, allowing users to stake their assets in return for SEI for the first time.

Sei

The farming period will last 30 days and the Sei Network has allocated a total of 300 million SEI tokens for the farming process, amounting to 3% of the total SEI token supply.

Prior to its Mainnet launch, 4 million users participated in the Sei Testnet, demonstrating significant interest in the new platform. Ahead of mainnet launch, the Sei ecosystem is already populated with dozens of projects for people to get excited about.

The launch of a new layer one blockchain to rival established giants is a major event in the crypto world. As buzz around the new technology gathers steam, it will likely drive a flurry of activity once SEI becomes available to trade.

In comparable high-profile listings, that initial buzz has been experienced as a rapid spike in token value followed by an equally dramatic fall in value before the price stabilizes.

11. Open Campus – Educational Token Has Already Increased 10x Since Initial Sale

Another Binance Launchpad alumnus, Open Campus is a blockchain based platform designed to help creators of educational content markets and monetize their work.

The platform’s native token EDU had an initial sale price of $ 0.05 in April. Early investors have already made a good return on their investment and EDU is currently valued at over $0.5 per token.

Open Campus

Although the price of EDU fell against the dollar and major cryptocurrencies in June and July, it is a good new cryptocurrency to buy and hold as a longer-term speculative investment.

Coin codex predicts that the token could see its price increase to $0.6196 in the next month.

Looking further ahead to 2025, the crypto data platform forecasts a price range of between $ 0.977505 and $ 3.33 for EDU.

12. Bitcoin Spark – Buy Bitcoin With 2023 Technology at 2011 Prices

Bitcoin Spark is a new cryptocurrency inspired by Bitcoin.

Whereas Bitcoin has evolved only slightly since its launch in 2008, Bitcoin Spark embraces more advanced blockchain features that have been developed over the years. The BTCS token presently resides on the Ethereum network however its tokenomics also draw inspiration from its OG namesake.

Bitcoin Spark

Drawing a middle ground between Bitcoin-style Proof-of-Work mining and Ethereum style Proof-of-Stake rewards, Bitcoin Spark uses an all-new blockchain technology called “Proof-Of-Process” (PoP), designed to deliver the best of both worlds.

The BTCS initial coin offering (ICO) commenced on August 1. In the initial phase, 300,000 BTCS are available to investors at a price of $1.5 each. Of these, 23% have already been sold. Until August 11, ICO participants are also eligible for an additional 20% bonus.

13. The X – Invest in Web3 Technology of Tomorrow with XTP

The X is the latest and most ambitious of a cohort of new crypto projects that are attempting to make building new Web3 applications easier.

For example, The X Protocol Smart Contract Wizard is a user-friendly tool that enables the creation and management of smart contracts without any knowledge of coding.

The X

The platform offers a range of no-code solutions for functions such as minting NFTs.

TXP is a cross-chain token that powers the The X protocol. It is currently in the middle of a 90-day presale scheduled to end on August 21.

The presale is split into nine rounds lasting ten days each, with the token price rising by 40% in each stage.

How We Picked the Best New Crypto Launches to Buy

When selecting the best new cryptos to buy today, we considered several key factors that could boost their adoption and price.

To make our list, new cryptos needed to demonstrate an original value proposition, sufficient online visibility and community engagement, a clear business strategy for project growth, and genuine potential for price gains.

We sourced information from the different coins’ websites and social media channels. We also used third-party data sources such as CoinMarketCap, DEXTools, PooCoin, and more. Finally, we talked to crypto analysts and investors and scanned social media to find out which coins are hot and which aren’t.

Token Utility and Innovation

In the world of crypto, original ideas that serve a genuine need have the highest sticking power.  Anyone can mint a new token and start selling it online. But to gain any real traction, new coins need to offer something new and different.

defi llama tvl

Some projects have grand plans to change the world as we know it, while others are focused on smaller improvements to make everyday life a bit easier.

eTukTuk is the first electric vehicle charging solution to make use of BNB chain’s “opBNB” layer two solution, which uses cutting-edge optimistic rollups to scale functionality and reduce gas fees on the blockchain.

The native token, TUK, is known as a “utility token” because it is used to carry out some platform-specific function and can’t be replaced by another cryptocurrency.

Many new projects and decentralized apps (dApps) are built on Ethereum, a layer-1 blockchain, and the second-largest crypto after Bitcoin.

Its popularity, speed and efficiency mean it is the top network for dApp builders, with projects having a combined worth (TVL – Total Value Locked) of almost $23 billion, according to DeFiLlama.

All that said, not every coin has to serve a real-world purpose to create returns for investors. Meme coins famously have no utility. $PEPE, for instance, jumped almost 10,000% earlier this summer despite having no purpose other than providing some laughs.

Originality

Beyond utility tokens, originality isn’t limited to technical innovation, it can also take the form of imaginative novelty. Our list of new cryptocurrencies includes coins that fall into both categories.

In the past, the best meme coins like Dogecoin, Shiba Inu and $PEPE  have generated a significant return on investment without being associated with a new technology platform or developing any new use cases.

Instead, meme coins typically rely on a well-designed website, original marketing strategies and community support to attract investors – sometimes to incredible results.

However, there have been more failures than successes in the meme coin world, which has been likened to buying a lottery ticket. The nature of investing in that particular niche makes research all the more important.

Crypto Whitepaper and Roadmap

When assessing the quality and potential of new crypto projects, it’s essential to pay attention to each project’s website, whitepaper and roadmap.

A crypto project’s whitepaper explains what the project is about, how its tokenomics work, and more. From the whitepaper, investors should have a clear sense of what gap the token is filling and how it’s different from existing projects.

Reading project whitepapers can also help investors identify red flags that a project hasn’t been properly thought through. Any contender for the best new crypto to buy should clearly articulate the project’s vision and tokenomics.

The whitepaper also includes a project’s roadmap. This lays out a timeline of development for a token, and usually includes estimated dates for its presale launch, upcoming ICO, and major events like token burns. Depending on the specific project, roadmaps might also outline related product launches such as staking opportunities, NFT mints or airdrop promotions.

A good roadmap should give concrete time estimates for how long developments will take. Roadmaps can be ambitious, but they should also be realistic in their projections.

Community Activity

Community engagement is critical for the continued success of any new crypto – cryptocurrencies don’t just attract investors out of nowhere.

An active community of supporters is needed to generate the all-important social media buzz that gives new coins visibility and draws investment.

The meme coins on our list of new cryptos to watch, such as Dogecoin20, benefit from large pre-existing communities that they are able to tap into.

The size of projects’ social media following was also taken into account, as was their track record for communicating with users and investors.

However, as outlined in more detail below, followers can be bought so high engagement plus a large following is a truer indicator of community interest.

Marketing and Social Engagement

It would be almost impossible for any new cryptocurrency release to succeed without a solid marketing strategy.

Accordingly, we considered factors such as marketing spend and social engagement when researching the best new cryptocurrency to buy.

Social engagement metrics such as likes often have a strong correlation with cryptocurrency prices. For example, when the $PEPE token surged by over $250% in 24 hours in early May, it was accompanied by a huge spike in the volume of tweets referencing the meme coin.

Famously, billionaire Elon Musk helped DOGE pump to all-time highs in early 2021 by regularly posting about the token, as well as appearing on Saturday Night Live.

His takeover of Twitter, which has now been rebranded X, also allowed DOGE to pump in late October 2022, while an April Fool’s Joke where he changed the logo to a Shiba Inu doge, also saw huge volume for DOGE.

Musk has since been named in a class-action lawsuit accused of manipulating the price of Dogecoin.

Price Performance and Potential Returns

Finally, it wouldn’t be a satisfactory guide on the best new cryptocurrency to buy without an assessment of the potential returns offered by each token.

Some new crypto projects include price targets in their roadmaps. For example, the team behind WSM intends to achieve a market capitalization of $1 billion. Although investors should keep in mind that coin developers are prone to outlandish predictions, having an ambitious roadmap that incorporates a target price is a good starting point.

Of course, many of the coins on this list are still in their presale phase or have only just hit the open market. Without historical price data, it is difficult to carry out the kind of statistical analysis normally used in forecasting.

Where sufficient historical data exists, we incorporated technical analyses into our assessment of new cryptocurrency releases.

Is Bitcoin still a Good Investment?

Bitcoin has been one of the best-performing financial assets ever over its lifetime but in the last 18 months, BTC has dropped more than 60% from its all-time high.

Bitcoin is the original, largest and most popular cryptocurrency and many investors new to the space often believe they have missed the boat to make large gains from BTC.

However, while it is true that the opportunity to turn $1 into $1,000 has probably gone, Bitcoin still represents the ‘safest’ crypto investment – it is the least volatile, given its sheer size, and has been described as ‘digital gold’.

It has seen huge interest from financial institutions and remains, arguably, the most likely crypto to truly break into mainstream financial markets.

Numerous global investment firms, such as BlackRock and Fidelity, have recently applied for spot Bitcoin exchange-traded funds (ETFs)

Potential Risks & Things to Consider When Investing in New Crypto Launches

When investing in the newest cryptocurrencies, there are several things to consider before parting with any money. The following sections will consider the specific liquidity concerns of new crypto coins, the volatile nature of crypto prices, the risk of scams, and the unique regulatory and legal considerations of crypto investing.

Liquidity

Low market cap cryptocurrencies can sometimes suffer from low liquidity. This is something to keep in mind when investing in new tokens that aren’t available on exchanges, or are only listed on a few small exchanges.

During crypto market downturns, investors tend to prefer perceived safe havens like Bitcoin and Ether. Alternatively, they exit their positions in true cryptocurrencies altogether in favor of stablecoins.

During such periods, demand (and prices) for less established altcoins tends to plummet. In some instances, there has been insufficient liquidity for investors to swap their assets at any price.

Many projects set aside a portion of their total token supply for exchange listings to alleviate liquidity issues. For example, Dogecoin20 has set aside 10% of its total token supply for DEX listings.

Transaction Visibility on Public Ledgers

When investing in new cryptocurrencies, remember that transaction information is visible on public ledgers.

Most of the new crypto coins on this list are ERC-20 tokens. That means that information about them is recorded on the Ethereum blockchain, and anyone can view transaction and wallet data.

It’s a good idea for investors to look at transaction data to see how many unique wallets have purchased a new token. More wallets is a good sign, since it means that a token has more support and its price isn’t likely to be manipulated by just a few owners.

How Much Can You Afford to Risk?

Investors should be aware of the risk that they may lose their money. Crypto, in general, is a risky investment, and isn’t advised for risk-averse investors.

Compared to other asset classes and more established cryptocurrencies, coins like the ones on this list are highly volatile. They should not be considered safe investments and purchasing them comes with the risk that their value could collapse.

While the potential returns offered by new, low market cap cryptos can be much higher than more well-known alternatives, the associated risk is also higher. Investors should always be cautious not to over-expose their portfolio to such risky assets.

Rug Pulls, Scam Tokens and Pump and Dump Schemes

In the world of crypto investing, rug pulls, and scams are an omnipresent threat that anyone searching for the best new cryptocurrency should mitigate against.

A rug pull refers to a type of cryptocurrency scam where the developers of a project abandon it and take all of the investors’ money. All the token contracts in this list have been independently audited, but that alone doesn’t guarantee that unscrupulous developers won’t leave investors in the lurch.

hacker

Ensure you read the whitepapers and perform background research before making any crypto investment. Red flags to look out for include statements in which developers reserve the right to adjust a crypto’s token supply after the initial sale, or to make major changes to its tokenomics without warning.

A related but slightly different scam is known as a pump and dump scheme in which a group of people artificially inflate the price of a cryptocurrency by buying it up and then selling it off at a profit, leaving other investors holding the bag.

These schemes often involve using social media to spread false or misleading information about the cryptocurrency, in order to drive up demand. Investors should be wary of any cryptocurrency that is being promoted too heavily, especially on social media.

Regulatory and Legal Status

Compared to other investment classes, there are few legal protections for crypto investors. As such, investors should undertake thorough research and be aware of the risks discussed in the previous two sections.

Moreover, most cryptocurrencies are subject to different tax reporting requirements depending on where you live.

In the US, there is regulatory uncertainty around whether cryptocurrencies are unregistered securities. Ripple recently won a lawsuit against the SEC that found that not all cryptocurrencies are securities, but the SEC is appealing this decision. For now, investors should assume that any crypto project, new or old, could be sued by the SEC.

How to Find New Cryptocurrency Releases?

It can be difficult to keep on top of the near-constant pipeline of new crypto listings. However, there are some handy tools to help you identify new opportunities.

Automatic Scanners

Automatic scanners like Dextools constantly scan crypto exchanges and can automatically identify when new cryptocurrency trading pairs are listed.

These platforms are very useful for ICO investors since they often have data for coins that haven’t yet listed on data sites like CoinMarketCap or CoinGecko.

In many cases, Dextools and related scanners have price charts, transaction data, trading volume information, and more. They will also highlight ‘trending’ and ‘hot’ coins to show tokens that have seen high trading volume and interest in the last 24 hours.

Presale and ICO Databases

Databases of ongoing or upcoming presales and ICOs are also useful for tracking new crypto investment opportunities. For example, one resource is CoinCodex’s list of token sales. Although not comprehensive, the list is typically up-to-date and identifies many presale and ICO opportunities.

There are dozens of different sites and databases to access, with leading data aggregators such as CoinMarketCap and CoinGecko also having their own ICO calendars.

coinmarketcap ico calendar

Some of these databases even use AI to grade new crypto projects, based on factors such as tokenomics, price, utility and so on. These scores can be useful for investors who want to find top-ranked crypto presales to investigate more quickly.

However, these sites should only be used as step one of a process of information-gathering and not be treated as a comprehensive reason to invest in a project.

Top positions on some ICO calendars can be bought and a high rating or top placement isn’t always reflective of a high-quality project – sometimes it is just one with a larger marketing budget.

As with all cryptos, proper research and due diligence should be conducted before investing in a token.

How to Conduct Crypto Research

Deciding on whether a new crypto is worth investing in is the most difficult task in the space, especially with money on the line from a right decision or wrong move.

With new cryptos, however, there are several telltale signs and red flags that can help investors make a decision on a particular project.

  • Website and whitepaper: After hearing about a new project, the website and whitepaper should be the first ports of call. The website should be professional and offer answers to all questions on the project. The whitepaper should be a detailed overview of a project and provide all the information necessary to judge a project. Poorly written or incomplete websites and whitepapers should be an immediate red flag.
  • Team: Next, check the developing team of a project. In most cases – except meme coins, where developers tend to remain anonymous – developers should be doxxed and public-facing rather than hide behind anonymity. Generally, the best projects will also have developers that have a track record of success in the space.
  • Partnerships: Another sign of a high-potential project is if they have already secured large partnerships of investment. As outlined below, this could include launchpad funds from crypto exchanges or venture capital investment. Projects such as The Sandbox have even secured deals with the likes of Adidas and Gucci, as well as major institutional backing.
  • Community: Interest and community are all-important in the crypto world – a project may have amazing fundamentals but if there is no interest from the community then it is unlikely to see big price increases. Check social media pages to see sentiment around a project and also the project’s own channels, a large following could mean large interest. However, note that followers can be bought so engagement is more important.
  • Audit and Security: There are numerous scammers, hackers and bad actors in the crypto space who are after your funds. Plenty of new projects turn out to be rug pulls or pump and dumps. The best projects will have their smart contracts audited and publically available to ensure investor trust.

Crypto Launchpads

Following the various crypto launchpads can also be worthwhile. Most major exchanges have their own launchpad schemes that help support new crypto startups and projects. You can track launchpad tokens on sites like Binance.

These are a good place to search for investment opportunities that have been vetted by professional analysts.

There’s no guarantee that launchpad cryptos will perform well, but these projects at least have major support from reputable exchanges that can help them get off the ground.

Social Media

Social media can also be a good source of information on new and upcoming cryptos. X (formerly Twitter) and Reddit have thousands of experienced crypto investors who and commentators who know what makes a high-potential token.

Some good Telegram channels for identifying new crypto projects include ICO Analytics and DeFi Million, with members able to discuss the strengths and weaknesses of a particular crypto and whether it could make a good investment.

For more in-depth research, there are many crypto-focused YouTube channels that discuss new coins and their investment potential. For example, Jacob Bury is a popular YouTuber with a good track record for spotting high-potential coins early. He also has his own Discord channel that offers crypto investment signals and discussion from more than 15,000 members.

Conclusion

Having walked through the best new cryptocurrency launches for 2024, investors should now be in a better position to identify the best new crypto to buy – based on our analysis, we believe Dogecoin is the best cryptocurrency to invest in today.

It stands out with its high staking yields and its ability to capitalize on the Doge meme craze, enabling users to earn passive income while having fun. It’s environmentally friendly, uses a Proof of Stake mechanism, and has a fair presale. The total token supply is 140 billion.

References:

FAQs

What are the newest cryptocurrencies?

How do I find new coins before listing?

What new cryptos should I watch?

What is the next big crypto in 2024?

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15 Best Bitcoin Casinos for 2023 – Compare Crypto Casino Sites https://readwrite.com/cryptocurrency/best-bitcoin-casinos/ Fri, 18 Aug 2023 11:13:17 +0000 https://readwrite.com/?post_type=commercial&p=234603 Play at Online Casinos with Crypto

Bitcoin casinos offer many advantages that cannot be rivaled by regular gambling sites. This includes huge welcome packages, instant payouts,… Continue reading 15 Best Bitcoin Casinos for 2023 – Compare Crypto Casino Sites

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Play at Online Casinos with Crypto

Bitcoin casinos offer many advantages that cannot be rivaled by regular gambling sites. This includes huge welcome packages, instant payouts, 24/7 customer support, and an anonymous gambling experience. 

But which Bitcoin casinos are worth considering? In this guide, we compare the 15 best Bitcoin casinos for bonuses, payments, security, account minimums, games, and much more. 

The Best Bitcoin Casino Sites Shortlisted

The 15 best Bitcoin casinos for 2023 are listed below:

  1. Mega Dice: Overall, Mega Dice offers the best Bitcoin casino experience in 2023. This is a regulated Bitcoin casino that only collects email addresses from players. Mega Dice processes withdrawal requests instantly and offers 24/7 customer service. In addition to weekly deposit reloads and a VIP program, Mega Dice offers new players a 200% matched bonus and 50 free spins.  
  2. Lucky Block: Players seeking anonymity and privacy will also like Lucky Block. While players can gamble cryptocurrencies without revealing their identity, Lucky Block is a regulated casino. It offers instant payouts and a huge welcome package for new players – a 200% deposit boost and 50 free spins. Lucky Block hosts table games, live dealers, slots, and sports betting.  
  3. BC.Game – BC.Game is a great all-rounder, with the crypto casino supporting live dealers, slots, lotteries, and sports betting. But where BC.Game really stands out is its in-house provably fair games. Players can expect RTPs of up to 99% and gaming outcomes that are backed by the blockchain. What’s more, first-time players will receive a 180% deposit bonus.  
  4. Metaspins – Privacy-focused gamblers will also like Metaspins, which offers anonymous accounts without any KYC requirements. New players will have their initial deposit matched by 100% – up to 1 BTC. Metaspins supports provably fair games and live dealers. This includes blackjack, roulette, and baccarat. 
  5. Wild.io – This Bitcoin casino offers a huge range of table games. This includes variations of video poker, blackjack, roulette, and more. Wild.io also has a sizable collection of slots. First-time players can claim four deposit bonuses after signing up. 275 free spins are also included in the Wild.io welcome package.  
  6. Heybets – Heybets is a great option for sportsbook fans.  The platform offers pre-match and in-play betting markets on dozens of sports. It also offers traditional casino games, such as blackjack, video poker, slots, and roulette. Heybets offers anonymous gambling accounts, and several cryptocurrencies are accepted when depositing funds. 
  7. VaveVave is one of the best new Bitcoin casinos around. It has one of the largest gaming suites, covering thousands of slots, table games, and live dealers. Vave also offers an extensive sportsbook with competitive odds. First-time players can claim a 100% deposit bonus of up to 1 BTC.   
  8. MyStakeMystake supports every gambling game imaginable – from slots, blackjack, and video poker to sports betting and horse racing. Not to mention live dealers and provably fair games. New players will receive two matched deposit bonuses – one for the MyStake casino and the other for its sportsbook. 
  9. 7bitAnother new Bitcoin casino to consider is 7bit. It offers thousands of gambling games, from jackpot slots and provably fair to blackjack, roulette, and baccarat. 24/7 customer support is available and existing players have access to a VIP program. 7bit offers four deposit bonuses to first-time players.   
  10. FlushNew players joining Flush today will receive a $1,000 welcome package. Players can use their bonus funds on table games, slots, live dealers, and provably fair titles. Flush accepts Bitcoin, Ethereum, Litecoin, and many other popular cryptocurrencies. Flush does not have a KYC policy, so it takes seconds to get started.   
  11. BetplayBetplay is an up-and-coming Bitcoin casino that also supports the most popular altcoins. No personal information or KYC documents are required. Players can enjoy live dealers, slots, sports betting, and poker. Betplay offers a 100% deposit bonus to new players but this comes with a wagering requirement of 80x.  
  12. CloudbetCloudbet is an established Bitcoin casino that offers instant deposits and withdrawals. No KYC policy is in place and customer support is available 24/7. Cloudbet accepts many different cryptocurrencies and the first deposit is matched by 100%. When depositing Bitcoin, the welcome package is valued at 5 BTC.  
  13. KatsubetKatsubet allows players to gamble three different cryptocurrencies – Bitcoin, Tether, and Ethereum. The sign-up process takes seconds and there are no KYC requirements. Katsubet approves payouts instantly but there is a minimum withdrawal of 0.002 BTC. New players will receive four deposit bonuses and 100 free spins.  
  14. Bitcoin GamesThis user-friendly crypto casino site accepts Bitcoin and Bitcoin Cash. It offers a cashback promotion to new players, without any wagering requirements. Supported games include slots, jackpots, blackjack, roulette, and instant wins. Bitcoin Games approves payouts instantly.  
  15. JackbitJackbit offers thousands of slot games, including Megaways and bonus buys. It also offers table games with live dealers, plus a fully-fledged sportsbook. The latter includes horse racing odds from around the world. Jackbit accepts many different cryptocurrencies, including Bitcoin, TRON, Tether, Dash, and Ethereum.   

How We Rank the Best Crypto Casinos  

We promote fair and impartial guidance when ranking the best crypto casinos. 

That said, it’s important players understand what metrics we look for. This will ensure that players make an informed decision when selecting the best Bitcoin casino for their needs. 

Security and Licensing 

Crypto-only casinos do not need to obtain a gambling license and can operate without one. However, we prefer providers that go the extra mile as it offers customers a safer and more trusted platform on which to play.

Lucky Block, Mega Dice, and many other top-rated Bitcoin casinos are regulated by at least one gambling commission, in the case of the two named by the Curacao eGambling Commission.

In choosing a regulated Bitcoin casino, players can expect a safe and legitimate experience – not only in terms of making payments but receiving winnings in a timely fashion rather than being cheated.

We also prefer Bitcoin casinos that use regulated software providers and offer provably fair games and sports odds that come from reliable and trusted providers.

For example, NetEnt and Pragmatic Play – which provide games to Lucky Block and Mega Dice, hold remote software licenses with the UK’s Gambling Commission. This ensures fair gambling conditions, considering that regulated software providers are regularly audited.  

Those two casinos also get their sportsbook odds from reputable firms such as BetRadar and Oddin, meaning the odds have not been manipulated and players can wager with peace of mind.

Top Tip: Regulated Bitcoin casinos display their licensing information toward the bottom of their website. Players can cross-check this information with the respective licensing body. 

Quick Sign Up with No KYC

One major advantage of crypto casinos over traditional ones is that players are not needed to sign up with lengthy Know Your Customer (KYC) details.

This means that at most of the decentralized casinos on this list, players will only need a valid email address, username, and login to get going.

It should take less than a minute to get playing, while traditional casinos often require full identification such as full names and addresses, as well as photo ID.

Some players will also find that some casinos are blocked in their region because of local laws.

However, most casinos are available to play via a Virtual Private Network (VPN), which allows for more private browsing of the internet.

Accepted Cryptocurrencies and Account Minimums 

Have a preferred cryptocurrency in mind? If so, check the Bitcoin casino’s website to see which cryptocurrencies are accepted. 

We found that, along with BTC, most Bitcoin casinos also accept Ethereum, Tether, Litecoin, XRP, and other large-cap cryptocurrencies – there will be some variety but players should find at least one major crypto they like to play with.

Players should also assess the minimum deposit requirement too, the industry average is 0.0001 BTC or the altcoin equivalent. So in most cases, players only need a few dollars to gamble. 

However, some welcome bonuses require players to deposit a higher amount to trigger them, so it is worth checking with the individual platform to see what the requirements are.

Supported Gambling Games 

We found that the best Bitcoin casinos support thousands of games. Not only classic casino games like poker, roulette and blackjack but leading slots too.

Many casinos offer live and virtual dealer tables that are suited for players of all skill levels and budgets – from casual to high rollers.

Provably fair games are extremely popular, as these are backed by blockchain technology and players know they have a chance to win legitimately.

Some Bitcoin casinos also offer sports betting, offering leading odds for both pre-match and in-play betting. 

Lucky Block, for example, covers more than 40 sports from massive competitions such as the Premier League, NBA, NFL and UFC, to niche sports such as badminton and even leading eSports like Counter-Strike and League of Legends.

Payout Speeds and Limits 

Many gamblers are switching to Bitcoin casinos because of the fast payouts offered. This is because the best Bitcoin casinos approve withdrawals instantly. So after making the request, the payment should be received in minutes. 

Players should also evaluate the minimum withdrawal requirement and whether any limits are in place. Some Bitcoin casinos cap the amount that can be withdrawn each day. If this amount is too low, it could take a long time to withdraw the full balance.  

Speeds will Vary

When withdrawing from a crypto casino it will take varying times to actually receive funds back in your account.

This is because of network speeds and the amount of time it takes to confirm a transaction, rather than a delay on the casinos part.

Typically, SOL, DOGE, XRP and BNB will pay out the quickest and are basically instant, while BTC can take up to an hour.

Bonuses and Promotions  

The best Bitcoin casino sites offer a generous welcome package to entice new players onto their platform.

That said, it’s crucial to understand the terms before claiming any bonuses.  For instance, we came across several Bitcoin casinos offering thousands of dollars worth of bonus funds.

Lucky Block bonus

But the wagering requirements were super-high, making them almost impossible to meet within the stipulated time frame. 

In contrast, the Lucky Block welcome bonus is released in small increments – making it fairer and more achievable. Every time the original deposit is gambled six times over, 10% of the bonus can be withdrawn. 

Customer Service  

Bitcoin casinos operate without borders, so customer service should suit all global time zones. This is why Mega Dice, Lucky Block, and many other popular Bitcoin casinos offer 24/7 support.

There is no need to wait for an email response, as these providers support live chat. Players should be connected to an agent in under a minute after opening a ticket.

The Best Bitcoin Casinos Reviewed

Ready to get started with a Bitcoin casino site?

Before choosing a provider, read our comprehensive and impartial reviews. We compare the 15 best crypto casinos for bonuses, safety, payouts, customer support, and other important factors. 

1. Mega Dice – Overall Best Crypto Casino 2023, Get a 200% Deposit Bonus and 50 Free Spins

Mega Dice is the stand-out Bitcoin casino site for us. It accepts a wide range of cryptos, including Bitcoin, Ethereum, Tether, XRP, Litecoin, and Dogecoin. First-time players can claim a huge welcome package. In addition to 50 free spins, the first deposit is matched by 200% (up to 1 BTC). Mega Dice also has a VIP program that rewards existing players for their loyalty.

Moreover, players can claim a €500 deposit bonus every Monday. Not only is Mega Dice one of the best crypto casinos for bonuses, but also for safety. It is regulated by the Governor of Curaçao and follows best practices for account security. This includes private wallet-to-wallet deposits and two-factor authentication. 

Mega Dice games and top picks

Mega Dice is also popular with players seeking anonymity. It doesn’t ask for any personal information, so players can avoid KYC requirements. We also like that Mega Dice processes deposits and withdrawals instantly. In the unlikely event players experience a delay in payments, the Mega Dice support team is available 24/7. 

Simply hit the ‘Live Chat’ conversion to be connected with an agent. The gaming suite is also top-notch at Mega Dice. It supports thousands of slots, including jackpots and bonus buys. Players can also enjoy live dealer tables, including variations of roulette and blackjack. Provably fair games like Plinko and mines are also supported. 

Football matches and odds for Mega Dice

The Mega Dice sportsbook is also worth checking out. It offers thousands of betting markets every day. This includes popular sports like tennis, basketball, soccer, and American football. Not to mention esports and virtual sports. Mega Dice has also launched a Telegram gambling channel – offering even more anonymity for privacy-focused players.   

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
200% matched deposit bonus of up to 1 BTC and 50 free spins.  40x. Table games, live dealers, slots, provably fair, sportsbook.  Yes. Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Cardano, Ripple, Ethereum, BNB, Tether, and TRON.  0.0001 BTC.  Instant.

Pros

  • Generous matched deposit bonus of up to 1 BTC – plus 50 free spins
  • No personal information is needed – gamble anonymously 
  • Instant and hassle-free payouts 
  • Supports table games with live dealers 
  • Top-rated sportsbook with daily odds boosts

Cons

  • The welcome bonus needs to be wagered 40 times
  • Does not support horse racing

2. Lucky Block – Instant Sign-Up Casino with a Generous Bonus & Fantastic Game Selection

Lucky Block is a close second when it comes to ranking the best Bitcoin casinos. We found that it excels in most areas, including payments, security, user-friendliness, and bonuses. New players can join Lucky Block in a matter of seconds – the sign-up process only requires an email address, username, and password. Best of all, there is no KYC process when depositing and withdrawing crypto. 

Lucky Block not only accepts Bitcoin but also Ethereum, XRP, BNB, Dogecoin, Tether, and many other cryptocurrencies. Most players will deposit at least €20 when joining – as it entitles them to 50 free spins. Moreover, the first deposit is matched by 200% up to €10,000. Players can deposit any accepted cryptocurrency to avail of the welcome package. 

Lucky Block games and live casino lobbies

We also like that Lucky Block offers a safe and trusted gaming experience. It holds a Curaçao e-Gaming license, issued by the Governor of Curaçao. This is particularly impressive, as Bitcoin casinos are not legally required to hold a gambling license. We also found that Lucky Block has a great reputation for fast payments.  

It credits cryptocurrency deposits after one blockchain confirmation and withdrawal requests are approved automatically. While Lucky Block is beginner-friendly, it’s also suitable for high rollers. This is because Lucky Block does not have any withdrawal limits. When it comes to games, Lucky Block offers both a Bitcoin casino and a sportsbook. 

Lucky block live casino tennis games

Casino games include slots, blackjack, roulette, baccarat, craps, video poker, and provably fair. There are also live casino dealers. The Lucky Block sportsbook offers great odds on dozens of sports, including tennis, baseball, soccer, and cricket. Finally, Lucky Block offers unrivaled customer service – live chat is available 24 hours per day, 7 days per week. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
200% matched deposit bonus of up to €10,000 and 50 free spins.  Every time the initial deposit is wagered 6 times, 10% of the bonus is released. Table games, live dealers, slots, provably fair, sportsbook.  Yes. Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ethereum, Tether, Cardano, BNB, Ripple, TRON, Avalanche, Polygon, and LBLOCK.  0.0001 BTC.  Instant.

Pros

  • Welcome package includes a 200% matched deposit and 50 free spins
  • No personal information is required – gamble anonymously 
  • Withdrawal requests are processed instantly 
  • Supports table games, live dealers, slots, and more
  • Regulated Bitcoin casino with a trusted reputation 

Cons

  • UK and US Bitcoin casino players will need to use a VPN 

3. BC.Game – Play Exclusive Blockchain Games With Super-Low House Edges   

We found that BC.Game is a top-rated casino for playing blockchain games. It has developed dozens of exclusive instant win games with some of the lowest house edges in the market. In fact, many of its games come with an RTP of 99%. This means that over the course of time, BC.Game has a house edge of just 1%. 

List of colorful casino game icons on BC.Game

Some of its most popular blockchain games include crypto crash, keno, Hi-Lo, blackjack, roulette, mines, baccarat, and Plinko. For the biggest payouts – consider BC.Game’s version of dice. Not only does it come with an RTP of 99% but a maximum payout of 9,990x the player’s stake. Although we rate BC.Game highly for its blockchain games, it also excels in other areas. 

For example, players will find more than 8,000 slot titles. It also supports lottery games and live casino dealers. Not to mention a sportsbook with superb odds and thousands of daily markets. Its welcome bonus is a simple 180% matched deposit (up to $20,000). No KYC is required at BC.Game and payouts are usually processed instantly.

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
180% deposit bonus of up to $20,000.  Bonus funds are  released as follows: Wager * 1%* (20)%. Table games, live dealers, slots, provably fair, sportsbook, lotteries.  Yes. Bitcoin, Ethereum, Dogecoin, Ripple, Cardano, Polygon, Avalanche, Solana, and many others.  $10.  Usually instant, but large withdrawals can take 1-6 hours.

Pros

  • Play exclusive provably fair games with RTPs of up to 99%
  • Most payout requests are approved instantly 
  • Gamble cryptocurrencies without providing any personal information 
  • Offers a Bitcoin casino app for gambling on the move
  • 180% deposit bonus of up to $20,000 

Cons

  • All bonuses and promotions are credited in BC Dollars (BC.Game’s native token)
  • Bonus wagering formula will confuse beginners 

4. Metaspins – 1 BTC Welcome Package and Rakeback of up to 50%   

Metaspins is a decentralized casino offering anonymous accounts. It accepts many popular cryptocurrencies, including Bitcoin, Cardano, USD Coin, Ethereum, and Dogecoin. There is no minimum deposit requirement, although the first payment will be matched by 100%. The maximum deposit available is 1 BTC, or the altcoin equivalent. 

Crypto prizes on Metaspins bitcoin casino, against a Purple background.

The deposit and bonus amount must be wagered 25 times before a withdrawal can be made. In addition, we like that Metaspins offers rakeback of up to 50%. This is a rebate on player wagers and it comes without wagering requirements. Another benefit of Metaspins is that it approves withdrawal requests instantly. 

Not only that, but it offers a huge range of provably fair games. This includes blackjack, roulette, baccarat, video poker, and slots. Instant wins are also supported, such as crypto crash, dice, and keno. Metaspins also offers live dealer tables. This includes interactive game shows like Dream Catcher and Monopoly Big Baller. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
100% deposit bonus of up to 1 BTC.  25x the deposit and bonus amount. Table games, live dealers, slots, provably fair, lotteries.  Yes. Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ethereum, Tether, Cardano, Tron, BNB. No minimum deposit. Instant. 

Pros

  • New players receive a 100% deposit bonus of up to 1 BTC
  • Get rakeback of up to 50% without any wagering requirements 
  • Dozens of live dealer games to choose from
  • Huge range of provably fair games  
  • No KYC process and withdrawals are approved instantly  

Cons

  • The welcome package does not include free spins
  • No sportsbook 

5. Wild.io – Popular Crypto Casino for High-Stake Players    

Wild.io is one of the best crypto casinos for high-stake players. First-time players depositing at least $500 will receive a 120% matched bonus. Not only that but also 75 free spins, valued at $1 per spin. The next three deposits will also be matched. When depositing $500 or more, each deposit is matched by 110%, 125%, and 125%. 

List of all games on Wild.io with icons.

An additional 75 free spins will be credited for each subsequent deposit. Wild.io also offers matched deposits and free spins on payments below $500. But this will be at a lower amount. We also like that Wild.io offers a generous VIP club. The highest tier offers daily rakeback of 10% and a weekly cashback of 20%. 

This is in addition to a $50,000 milestone bonus and a dedicated VIP host. Players have plenty of games to choose from when using their bonus funds. This includes table games, live dealers, and slots. Wild.io also runs slot tournaments, but there is no lottery or sportsbook. We also like that Wild.io offers an American blackjack game with a house edge of just 0.4%. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
Four deposit bonuses of up to 480%. Free spins are also credited, depending on the size of each deposit.   40x. Table games, live dealers, slots, tournaments. Yes. Bitcoin, Tether, BNB, Bitcoin Cash, Litecoin, Dogecoin, TRON, Ethereum, and Ripple. $20 to receive the deposit and free spins bonus. Instant.

Pros

  • Best Bitcoin casino for high-stake players 
  • Huge bonuses available when depositing at least $500
  • Many supported games with industry-leading house edges  
  • Great VIP program with generous rewards 
  • Choose from nearly 3,000 slot games 

Cons

  • Small bonuses are offered on lower deposits   
  • Does not offer a lottery or a sportsbook 

6. Heybets – Gamble on Casino Games and Sports Betting Markets Anonymously    

Heybets covers all bases, with traditional casino games and a sportsbook available under one roof. Starting with its casino, players have access to slots, table games, and live dealers. The latter includes variations of blackjack and roulette, not to mention game shows like Dream Catcher and Deal or No Deal. 

Heybets page with blue background and football matches.

The Heybets sportsbook covers most global events. This includes everything from boxing and darts to baseball, soccer, and tennis. There is also an in-play betting facility. Sportsbook promotions are offered throughout the week, including insurance bets and odds boosts. Unfortunately, Heybets is one of the few Bitcoin casinos not to offer a welcome package. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
Does not offer a welcome package.  N/A. Table games, live dealers, slots, sportsbook. Yes. Bitcoin, Tether, Litecoin, Ethereum, and USD Coin. $10. Not stated. 

Pros

  • Gamble on classic casino games and sports with one account 
  • No requirement to provide any personal information 
  • Wide range of live game shows – including Deal or No Deal 
  • Minimum deposit and withdrawal of just $10 

Cons

  • One of the few Bitcoin casinos not to offer a welcome package    
  • Limited range of accepted cryptocurrencies 

7. Vave – Comprehensive Range of Games From Top-Rated Software Providers     

Vave will appeal to players who want access to thousands of gambling games. In the slots department, there are nearly 8,000 titles to choose from. This includes bonus buys, jackpots, daily drops, and classics. When it comes to table games, hundreds of blackjack, roulette, and baccarat titles are supported. 

Slots on Vave for playing with bonus buy and daily wins.

Players will also find video poker, craps, and instant wins. Vave also offers a fully-fledged sportsbook. We also like that Vave values privacy – only an email address is needed when registering. No KYC documents are needed either. New players can claim a 1 BTC welcome package. Deposit reloads and free spins are offered to existing players every Thursday. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
100% matched deposit bonus of up to 1 BTC.    5x (sportsbook bonus) and 40x (casino bonus). Table games, live dealers, slots, sportsbook, provably fair games.  Yes. All cryptocurrencies available on Changelly.   20 USDT. Usually just 10 minutes. 

Pros

  • New players can claim a 1 BTC welcome package 
  • Nearly 8,000 slot titles supported – including bonus buys 
  • Huge selection of classic table games with many variations  
  • Extensive sportsbook with thousands of daily markets  

Cons

  • Weekly free spins must be wagered 40 times 
  • VIP rewards must be wagered 3 times  

8. MyStake – Top Bitcoin Casino for Players Seeking Long-Term Bonuses      

MyStake is one of the top Bitcoin casino sites for long-term players. It offers a huge range of bonuses that can be claimed by existing account holders. This includes a 70% deposit reload bonus when playing selected slot games. The bonus is credited instantly and eligible slot titles include Book of Anubis, Mystery of Eldorado, and James Frost & Lost City. 

All promotions on the Mystake crypto casino platform

Additionally, MyStake also offers 10% cashback on losses and daily free spins. We also like that MyStake offers several welcome packages to choose from. This includes matched deposit bonuses in both the casino and sportsbook. Supported gambling products include slots, table games, and live dealers. There is also sports betting, horse racing, and virtual games. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
Casino deposit bonus of up to $1,000. Sportsbook deposit bonus of up to $500.  60x (casino bonus) and 20x (sportsbook bonus). Table games, live dealers, slots, sportsbook, provably fair. Yes. Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, Monero, and Stellar. $20 to receive the deposit bonus. Not stated.

Pros

  • All-in-one Bitcoin gambling site covering casino games and sports betting
  • Generous bonuses for existing players 
  • Lots of altcoins are accepted – including Stellar and Dash
  • Regulated by the Governor of Curaçao

Cons

  • All accounts require personal information  
  • Complex terms and conditions on most promotions

9. 7bit – New Players Get 100 Free Spins After Depositing $20      

7bit offers one of the best Bitcoin casino bonuses for casual players. Put simply, new players will receive 100 free spins after making an initial deposit of $20 or more. The first deposit is also matched by 100% up to 1.5 BTC. This converts to about $44,000 based on current BTC/USD exchange rates. The free spins and the deposit bonus need to be wagered 45 times. 

Homepage for 7bit casino

Players have 14 days to archive this before the bonus funds are revoked. 7bit also offers 1,000 free spins to existing players – this offer can be claimed every weekend. The maximum win is $500, which comes with wagering requirements of 35 times. In addition to slots, 7bit also supports provably fair, table games, and live dealers.  

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
Four deposit bonuses and 100 free spins. An additional 225 free spins can be claimed via the Telegram channel.     45x. Table games, live dealers, slots, provably fair, tournaments. Yes. Bitcoin, Ethereum, Litecoin, Binance, Ethereum, Dogecoin, Bitcoin Cash. 0.0005 BTC. Instant. 

Pros

  • Get 100 Bitcoin casino free spins after depositing $20
  • An additional 1,000 free spins can be claimed every weekend 
  • Almost 7,500 slot games to choose from 
  • Also supports table games, live dealers, and provably fair

Cons

  • Does not offer sports betting markets  
  • VIP rewards come with huge wagering requirements 

10. Flush – KYC-Free Bitcoin Casino With Live Game Shows       

Flush is one of the best Bitcoin casinos for playing live game shows. It allows players to enjoy a real casino experience without revealing their identity. Best of all, it takes seconds to open an account with Flush, as players are only asked for an email address. Some of the best live game shows supported include Dream Catcher, Cash or Crash, Football Studio, and Side Bet City. 

Gameshow for the Flush crypto casino platform

Flush also supports Mega Ball, Crazy Coin Flip, and Deal or No Deal. All of these games are available 24/7 and are provided by Evolution. Flush also has its own exclusive blockchain games. This includes mines, Hi-Lo, limbo, blackjack, baccarat, and dice. Flush offers new players a matched deposit bonus of up to $1,000. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
Deposit bonus of up to $1,000.  30-35x, depending on the size of the deposit. Table games, live dealers, slots, provably fair. Yes. Bitcoin, Ethereum, Litecoin, Tether, Dogecoin, BNB, Polygon, USD Coin, and Dai.  $20 to receive the deposit bonus. Not stated. 

Pros

  • One of the best crypto casinos for playing live game shows
  • Enjoy the real casino experience anonymously  
  • Also supports slots, table games, and exclusive provably fair titles
  • $1,000 welcome package available to new players  

Cons

  • Does not offer information on payment times or limits  
  • Maximum bet of $5 when targeting the bonus wagering requirement 

11. Betplay – Instant Bitcoin Payments and Casino Games From the Industry’s Best Providers        

Betplay has a huge selection of casino games to choose from. Most importantly, its games are backed by the industry’s best software providers. This includes casino heavyweights like Pragmatic Play, NetEnt, Microgaming, Evolution, and Betsoft. These top-tier software developers provide Betplay with slots, blackjack, roulette, baccarat, and live dealers. 

Top games for Betplay

Provably fair games are also supported, provided by Spribe. In addition, Betplay offers a sports betting facility and poker tournaments. Betplay is a 100% crypto-only gambling site, so there are no KYC requirements. Moreover, it processes Bitcoin payments instantly. The main drawback is that the sign-up bonus comes with 80x wagering requirements – this will be too high for most. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
100% matched deposit bonus of up to 1,000 USDT.    80x.  Table games, live dealers, slots, sportsbook, provably fair games, live poker.  Yes. Bitcoin, Monero, Litecoin, Ethereum, TRON, Tether, Dogecoin, and BNB. Not stated. Instant.

Pros

  • Partnered with reputable Bitcoin casino software providers – including Microgaming and Evolution. 
  • Huge range of slots, table games, and sports betting markets 
  • 100% crypto-only casino – no KYC process  
  • Bitcoin payments are processed instantly   

Cons

  • 80x wagering requirements on the sign-up bonus  
  • Live poker is available – but with limited traffic 

12. Cloudbet – One of the Best Bitcoin Casino VIPs Programs        

Often regarded as one of the top Bitcoin betting sites, Cloudbet also offers one of the best VIP programs in the Bitcoin casino space. It credits accounts with Cloudbet points after placing bets. Players can build up their points and exchange them for generous bonuses. Players can even create their own bonus terms, including the value and wagering requirements. 

Casino free spins on Cloudbet marketplace with Quickbuys

For example, a €20 casino bonus with 1x wagering requirements costs 1,950 points. Cloudbet also offers a 100% sign-up bonus for new players. This is capped at 5 BTC and is released incrementally based on the number of Cloudbet points earned. Cloudbet was established in 2013 and it supports slots, live dealers, provably fair games, and sports betting. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
100% matched deposit bonus of up to 5 BTC.    0.001 BTC is released for every 150 points earned. Table games, live dealers, slots, provably fair, sportsbook.  Yes. Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Shiba Inu, Tether, DAI, Dash, Litecoin, PAX, PAXG, USDC. 0.001 BTC. Instant. 

Pros

  • Best crypto casino for VIP rewards 
  • Earn Cloudbet points and exchange them for custom bonuses 
  • One of the oldest crypto casinos – operating since 2013 
  • 5 BTC sign-up bonus for new players   

Cons

  • Smaller sign-up bonus when depositing altcoins  
  • Table games contribute a smaller amount to the wagering requirements 

13. Katsubet – Popular Bitcoin Casino for Fixed-Odds Poker         

Katsubet is the best crypto casino for playing fixed-odds poker. It offers many variations with live or software-backed dealers. This includes Texas Hold’em, Oasis, Caribbean, Teen Patti, and Turbo Poker. All supported poker games can also be played with demo funds. This is a great way to learn the rules of each poker variant before playing with real funds.

Kasubet fixed odds poker games on display

In addition to fixed-odds poker, Katsubet also supports slots, blackjack, roulette, and other casino staples. Its games are backed by leading software providers, including Betsoft, Evoplay, Evolution, and Ezugi. We like that Katsubet processes deposits and withdrawals instantly. New players can claim four deposit bonuses and 100 free spins.  

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
Four deposit bonuses of up to 5 BTC and 100 free spins.    45x (matched deposit) and 50x (free spins). Table games, live dealers, slots, and provably fair.  Yes. Bitcoin, Litecoin, and Tether. 0.0001 BTC. Instant. 

Pros

  • Instant deposits and withdrawals
  • Wide selection of fixed-odds poker games
  • New customers get four deposit bonuses and 100 free spins
  • Games are backed by leading software providers 

Cons

  • Table games don’t count toward wagering requirements
  • Bonuses take long to release

14. Bitcoin Games – Huge Range of Live Dealer Tables and VIP Benefits         

Bitcoin Games is a crypto-only casino that supports Bitcoin and Bitcoin Cash payments. There is no KYC process here, so players can register an account without providing any personal information. Moreover, Bitcoin Games approves payout requests instantly. 

Live casino for Bitcoin Games, including Blackjack and Roulette.

We found that Bitcoin Games is one of the best crypto casinos for playing live dealer tables. It supports many variations of casino staples, such as roulette, blackjack, and baccarat. Each variation has its own twist, rules, and odds. Live dealers are also available on interactive game shows. 

This includes Football Studio, Cricket War, and Dragon Tiger. Bitcoin Casino will also appeal to high rollers, as it has many table games aimed specifically at VIPs.  There is also a VIP program; perks include special bonuses, early access to new games, and a 24/7 account manager.  

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
25% cashback for 14 days ($2,000 minimum deposit). 

Alternatively, 15% cashback on slot games ($50 minimum deposit).

No wagering requirements. Table games, live dealers, slots, and provably fair.  Yes. Bitcoin, and Bitcoin Cash. At least $50 to be eligible for the welcome bonus. Instant. 

Pros

  • One of the best crypto casinos for live dealer tables 
  • Plenty of VIP-only tables for high rollers
  • Welcome package includes 15-25% cashback – depending on the deposit size 
  • Also supports slots and probably fair games 

Cons

  • No sports betting platform
  • Players can only deposit Bitcoin and Bitcoin Cash  

15. Jackbit – Thousands of Slots to Choose From – Including Jackpots With Huge Payouts           

Jackbit is also one of the best Bitcoin casino sites for playing slots. This popular casino supports over 6,000 slot titles. This includes nearly 200 jackpot slots with huge payouts. For instance, Gold Party by Pragmatic Play, Sizzling Bells by Wazdan, and Fa Fa Babies by Red Tiger. Other slot types include classics, Megaways, and bonus buys. 

Homepage for Jackbit

Jackbit also supports live dealer tables and software-backed roulette, blackjack, and video poker. It also has a sportsbook that offers in-play betting on dozens of sports. This includes competitive odds on horse racing events from around the world. There is no sign-up bonus offered by Jackbit, which is a major disadvantage. 

Crypto Welcome Bonus Wagering Requirements Games Available Live Casino? Accepted Crypto Coins Minimum Deposit Payout Speed
Does not offer a welcome package.  N/A. Table games, live dealers, slots, sportsbook.  Yes. Bitcoin, Solana, Dogecoin, Ethereum, Dash, Tether Ripple, Litecoin, BNB, Bitcoin Cash, Monero, TRON, USD Coin, and BUSD. Not stated. Not stated.

Pros

  • Supports over 6,000 slot titles – including almost 200 jackpot games
  • Comprehensive sportsbook with horse racing
  • Quick sign-up process –  no KYC is needed
  • Mobile-friendly website  

Cons

  • Does not offer a sign-up bonus  
  • Limited promotions for existing accounts 

Bitcoin Casino Sites: How Do They Work?

Bitcoin casinos allow players to gamble online – most support slots, blackjack, roulette, and other popular table games. Most Bitcoin casinos allow players to register without providing any personal information. After entering an email address – the account is ready to use. 

Players are then required to fund their Bitcoin casino account. The best providers in this space also support a range of altcoins – such as Ethereum, BNB, and Dogecoin. Deposits are made from the player’s private wallet. This is similar to transferring tokens into a crypto exchange. 

The deposit will usually be credited after one blockchain confirmation – which could be anything from 0-10 minutes. Players can then gamble on their favorite gambling games, just like they would at a regular online casino. 

In fact, software developers like NetEnt and Microgaming provide the same games for Bitcoin casinos as they do traditional gambling sites. This ensures that Bitcoin casino games are legitimate and credible. 

Ultimately, while there are many similarities between regular and Bitcoin casino sites, some clear differences exist. At Bitcoin online casinos, not only can players gamble anonymously but they usually benefit from instant withdrawals

Why Use a Crypto Casino Instead of a Regular Online Casino?

Now let’s take a much closer look at why crypto casinos are a better option than regular online casinos. 

Instant Account Opening

Getting started with a crypto casino takes seconds. As noted above, players only need to provide an email address. After choosing a username and a strong password, the account is open. 

This is because unlike traditional sites, no ID verification casinos don’t require KYC checks, allowing you to sign up and start playing instantly.

Gamble Anonymously

Regular online casinos have become more stringent with KYC policies in recent years. This is due to ever-increasing anti-money laundering regulations. This means that players need to provide their name, nationality, address, date of birth, and other personal data. 

Top picks on the Lucky Block Crypto Casino

Moreover, players will need to verify their personal data through documentation. This means uploading a government-issued ID, such as a driver’s license or passport. It also means uploading proof of address, such as a bank statement or utility bill. 

While this isn’t an issue for some, many players do not want to hand over personal data and KYC documents. In this instance, players can opt for a crypto casino like Lucky Block – where there isn’t a KYC policy in place. As such, Lucky Block players can gamble anonymously. 

Data Protection

A direct benefit of gambling anonymously is that player data is protected. In other words, by not providing a casino with personal information and KYC documents, there is no risk of it getting into the wrong hands.

This isn’t the case when using a regular online casino. If the casino’s servers are breached, this would give the hacker a significant amount of personal information on registered players. 

Safer Payments

Crypto payments are safer than using a debit/credit card or e-wallet. This is because crypto transfers are decentralized and transparent. 

For example, when funding a crypto casino account, the player will transfer funds from their private wallet. The casino will simply see that the deposit has been made. They will not have access to the crypto wallet itself. 

In contrast, using a debit/credit card or e-wallet at an online casino comes with added risks. The player needs to trust that the casino will keep the data safe. Once again, if its servers are breached, this means that the player’s financial information could be exposed. 

Instant Withdrawals

The best crypto casinos offer instant withdrawals. 

Here’s how the process works at Lucky Block:

  • The player logs into their Lucky Block account
  • They provide Lucky Block with the withdrawal amount and the receiving wallet address
  • Lucky Block approves the withdrawal request instant
  • Depending on the cryptocurrency, the player should receive the tokens in their private wallet in under 10 minutes – but usually much faster. 

Regular online casinos provide a much slower withdrawal service. This is because withdrawals must be reviewed and processed manually. This usually takes up to 48 hours but can be much longer. 

For instance, regular online casinos are known to ask for additional KYC documents when a large withdrawal is made. This will invariably delay the withdrawal process further. 

What Games Do Bitcoin Casinos Support?

In the early days of Bitcoin gambling, casinos would only support very basic games. This often included dice games based on provably fair technology. 

The industry has since witnessed a major sea-change. Today, the best Bitcoin casinos support thousands of games. 

Nine popular casino games with images

This often includes the following:

  • Slots: Leading Bitcoin casinos like Lucky Block and Mega Dice support thousands of slot games. These are backed by regulated software providers, such as NetEnt and Microgaming. Some of the most popular Bitcoin slots to play include Wanted Dead or a Wild, Gates of Olympus, and Lucky Lady Charm Deluxe. 
  • Blackjack: Blackjack is a casino staple, so most Bitcoin gambling sites support it. The best crypto casinos will support many different variants of blackjack. For example, BC.Game offers 28 blackjack games, including Multihand, Single Deck, and VIP. 
  • Roulette: Similar to blackjack, the best crypto casino sites support plenty of roulette games. At Mega Dice, roulette variations include Lightning, European, VIP, French, and Double Ball. 
  • Baccarat: This popular table game is supported by most crypto casinos. Lucky Block, for example, offers more than a dozen baccarat variations. This includes VIP tables that support huge stakes, as well as commission-free baccarat. 
  • Live Dealers: Most crypto casinos support live dealers, usually provided by Evolution and/or Pragmatic Play. This often includes live blackjack, roulette, and baccarat tables with various bet minimums and rules. Live game shows are also popular at crypto casinos, such as Monopoly, Dream Catcher, and Deal or No Deal. 
  • Video Poker: Video poker is also popular with online gamblers. This fixed-odds game can be played with software or live dealers. Popular variations include Caribbean Stud, Aces and Eights, Jacks or Better, and Texas Hold’em. 
  • Blockchain Games: The best crypto casinos also offer blockchain-backed games – otherwise known as provably fair. While these games often come with basic graphics, gaming outcomes are generated by the blockchain. This offers an extra layer of trust and transparency, ensuring that games are fair and random beyond doubt. 
  • Sports Betting: A handful of crypto casinos also offer a sportsbook. This includes Lucky Block, Mega Dice, and BC.Game – all of which offer pre-match and in-play odds. The most popular sports to bet on include tennis, soccer, cricket, and basketball.  

Players can review our Bitcoin casino list to see what games each provider specializes in. 

Crypto Casino Welcome Packages – Best Bonuses for 2023 

Welcome packages are offered by most crypto casinos. This incentivizes players to open an account with the provider. 

Let’s explore what crypto casino bonuses players should look for. 

Matched Deposit Bonuses

Matched deposit bonuses are usually included in a crypto casino welcome package. The terms and bonus amounts will vary considerably from one casino to the next. 

For example, we like that Lucky Block offers first-time players a 200% deposit bonus. Players can claim up to €10,000 in crypto bonus funds. BC.Game also offers a great matched deposit bonus of 180%. This is capped at a huge $20,000. 

Lucky Block 200% bonus up to 10,000 Euro

In most cases, crypto casinos will credit the player’s balance instantly. This means that the player can use the bonus funds on their preferred games. That said, the player will only be able to withdraw their bonus funds once the wagering requirements have been met. 

  • For example, suppose the player deposits $250 worth of Bitcoin into Mega Dice. 
  • This crypto casino offers a 200% matched deposit bonus – so it will add $500 to the player’s account. 
  • The Mega Dice bonus comes with 40x wagering requirements. 
  • So the player would need to gamble at least $20,000 ($500 bonus x 40) to cash the bonus funds out.

Matched deposit bonuses also come with time limits. This can range from a few days to a month – so players should check this before claiming the bonus. 

Free Slot Spins

One of the best Bitcoin casinos for free slot spins is Lucky Block. It offers 50 free spins to new players, which can be used on Wanted Dead or a Wild. The only requirement is that the first deposit should be €20 or more. 

Players will need to wager any winnings made from the free spins. Lucky Block gives players 7 days to achieve this. Crucially, players do not need to risk any money to use free spins. 

For example, at Lucky Block, players can use the original €20 deposit on any casino game of their choice. If the free spins do not yield any winnings, they still have the €20 to play with. 

Crypto Casino No Deposit Bonus

The best Bitcoin casino no deposit bonus that we came across is offered by BC.Game. Put simply, after opening an account, new players get one spin on the BC.Game Lucky Wheel. 

This comes with a top prize of 1 BTC. But by leveling up to the Super or Mega board, the jackpot increases to 3 BTC and 5 BTC, respectively. Best of all, players get one free spin every day. 

That said, most crypto casino bonuses require players to make a deposit. After all, casinos need to have a sustainable and viable business model. 

Best Bitcoin Casino Bonuses 2023 – Our Top Picks

We scanned the markets extensively and have summarized the 15 best Bitcoin casino bonuses to claim today (no promo code required). 

Bitcoin Casino Bonus Wagering Requirement
Lucky Block 200% matched deposit bonus of up to €10,000 and 50 free spins. When the original deposit is wagered six times, Lucky Block releases 10% of the bonus amount.
Mega Dice 200% matched deposit bonus of up to 1 BTC and 50 free spins. 40x.
BC.Game The first deposit is matched by 180%. Bonus funds are paid in BC Dollars and released as follows: Wager * 1%* (20)%.
Metaspins 100% deposit bonus of up to 1 BTC. 25x the deposit and bonus amount.
Wild.io Four deposit bonuses of up to 480% and up to 275 free spins. 40x.
Heybets No welcome bonus is offered. N/A.
Vave 100% matched deposit bonus of up to 1 BTC. 5x (sportsbook bonus) and 40x (casino bonus).
Mystake Casino deposit bonus of up to $1,000. Sportsbook deposit bonus of up to $500. 60x (casino bonus) and 20x (sportsbook bonus).
7bit Four deposit bonuses and 100 free spins. An additional 225 free spins can be claimed via the Telegram channel. 45x.
Flush Deposit bonus of up to $1,000. 30-35x, depending on the size of deposit.
Betplay 100% matched deposit bonus of up to 1,000 USDT. 80x.
Cloudbet 100% matched deposit bonus of up to 5 BTC. Every time the player collects 150 points, 0.001 BTC is released.
Katsubet Four deposit bonuses of up to 5 BTC and 100 free spins. 45x (matched deposit) and 50x (free spins).
BitcoinGames 25% cashback for 14 days ($2,000 minimum deposit). Alternatively, 15% cashback on slot games ($50 minimum deposit). No wagering requirements.
Jackbit No welcome bonus is offered. N/A.

Should I Use a New Bitcoin Casino?

New Bitcoin casino sites continue to enter the market. Whether or not players can trust a newly launched platform depends on various factors. For example, if the casino holds a reputable gambling license, it would have gone through a stringent application process. 

List of popular games on the Megadice crypto casino.

Moreover, players should assess what software providers supply games to the new Bitcoin casino. If it has formed licensing agreements with reputable providers like NetEnt and Pragmatic Play, this is a good sign. 

The best new crypto casinos will usually offer more favorable bonuses and promotions. This incentivizes players to join its platform and, ideally, remain long-term customers. While new crypto casino sites are worth considering, players should still do their due diligence. 

Crypto Casino Software Providers

Casino software providers supply games to online gambling sites. There are dozens of reputable providers in the market; some have been operational since the dawn of online betting. 

  • For example, Microgaming – which supplies games to Lucky Block and Mega Dice, was established in 1994. 
  • Moreover, Microgaming – like many reputable casino software providers, is regulated by the UK’s Gambling Commission, Malta Gaming Authority, and other key licensing bodies. 
  • Other regulated software providers supplying games to top-rated crypto casinos include Fugaso, NetEnt, Playson, Betsoft, Evolution, and Fantasma. 

Players should avoid playing casino games that are backed by unlicensed software providers. After all, there is no way of knowing if the game is legitimate. 

In contrast, regulated software providers (like those mentioned above) go through a testing and auditing process before their games are given the green light. When choosing the best Bitcoin casino, players can assess what software providers the platform has partnered with. 

Tutorial on How to Get Started With an Online Bitcoin Casino 

We have discussed everything there is to know about gambling at a Bitcoin casino site. We will now explain how to get started. 

For this walkthrough, we explain the step-by-step process with Lucky Block – which offers new players a 200% deposit bonus and 50 free spins. 

1. Register an Account With Lucky Block

The registration process at Lucky Block takes under 10 seconds. 

The first step in Lucky Block registration, involving signing up with email, username, password, and promotional code.

Visit the Lucky Block website, click on ‘Sign Up’, and enter an email address. Choose a username and password, and click on ‘Sign Up & Play’. 

2. Choose a Crypto to Deposit and Transfer Funds 

At the top of the Lucky Block dashboard, click on ‘Wallet’. Players can then choose which cryptocurrency they want to deposit. 

How to transfer crypto on Lucky Block, using USDT as an example, with deposit address and barcode.


In our example above, we are depositing Tether. Players can also choose from Bitcoin, Ethereum, BNB, Dogecoin, Cardano, Litecoin, and other popular cryptocurrencies. 

Players can click on the ‘Copy’ button to copy their unique deposit address. Next, players can open their private wallet, paste the deposit address, and transfer the tokens to Lucky Block.  

Note: Lucky Block will match deposits between €20 and €10,000 by 200%. No promo code is needed. 

3. Gamble Responsibly  

Now that crypto tokens have been transferred to Lucky Block, players can begin gambling responsibly. The Lucky Block dashboard is simple to use, so finding games is a breeze. 

Colorful turbo spin game with images of fruits and candies, title is "Sweet Bonanza"

In our example above, we are playing the popular slot game Sweet Bonanza by Pragmatic Play. 

4. Cash Out Winnings Instantly   

Lucky Block players can withdraw their funds at any time. Head back to the ‘Wallet’ section and click on ‘Withdraw’. By default, the cryptocurrency the player is betting with will be displayed. 

How to withdraw crypto on Lucky Block, with USDT as an example, with address and amount fields.

Before a withdrawal can be made, players need to set up two-factor authentication (2FA). This is for security reasons and it protects the player from unauthorized withdrawals. 

After that, paste in the wallet address so Lucky Block knows where to transfer the funds. Type in the withdrawal amount and click on ‘Withdraw’ to confirm. The payment will be made instantly. 

Are Bitcoin Casinos Legal?

Gambling regulations will vary from one country to the next. For example, UK players are protected by the Gambling Commission and most Europeans fall under the remit of the Malta Gaming Authority. 

However, current gambling legislation does not cover digital assets like Bitcoin, as they are not viewed as ‘legal tender’. A lack of regulatory oversight exists, which is why most crypto casinos are unlicensed. This is also the case for crypto casinos in the USA.

That said, we found that the best crypto casinos have a strong regulatory framework. Lucky Block, for example, holds a Curaçao e-Gaming license. This has been issued by the Governor of Curaçao, under the watchful eye of the Curaçao Gaming Control Board. 

Are Crypto Casinos Legit?

There are several aspects to consider when assessing the legitimacy of a crypto casino. For example, consider which software providers supply the games being played. 

If it’s a reputable provider like Microgaming, NetEnt, or Playson – players can be sure that gaming outcomes are fair. As noted, regulated software providers must have their games tested and audited before they are released to the public. 

Those playing blockchain-based games should also consider the reputation of the developer. Spribe is the industry leader in the blockchain gaming space – with popular titles including Aviator, Hi-Lo, dice, Plinko, and keno. For those interested in the best Aviator casinos we have a whole article dedicated to helping users uncover the most popular options on the market.

Additionally, players should assess the crypto casino’s payment reputation. For example, Lucky Block and Mega Dice process payouts instantly, so players won’t need to wait more than a few minutes to receive their funds.

 But some crypto casinos are known to delay payments – these providers should be avoided. 

The Verdict

Online crypto casinos offer many perks, including lightning-fast payouts, huge bonuses, and anonymous gambling accounts.  

The best Bitcoin casino to consider today is Mega Dice. A 200% deposit bonus and 50 free spins await first-time players. No KYC is required at Mega Dice, so it takes seconds to get started. 

Reference List

FAQs

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The crypto market is currently in an exciting place, with signs that the industry is finally emerging from the crypto… Continue reading New Cryptocurrency Launches to Invest in for 2024

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The crypto market is currently in an exciting place, with signs that the industry is finally emerging from the crypto winter and heading towards another bull market. New tokens are being launched almost every day to solve real-world problems using blockchain technology.

Some new tokens see huge gains in a short span of time, with one of the most famous recent examples being Pepe, with one early investor seeing a $260 investment rise to $8 million.

The challenge for crypto investors is to determine which of these new projects has the potential to deliver significant returns. In this guide, we’ll highlight the best new cryptocurrencies to invest in for 2023.

The Top New Cryptocurrencies to Invest in Today

To help investors identify opportunities in the crypto market, we’ll highlight new cryptocurrencies to invest in today.

  1. Bitcoin ETF Token – This brand new cryptocurrency is offering staking APYs and features burning mechanics as it meets different milestones related to the approval of the first Bitcoin ETF. Currently, $BTCETF is available to buy across ten presale rounds. 
  2. Bitcoin Minetrix – Brand new ERC20 presale that allows regular users to take Bitcoin cloud mining rewards with a world first stake-to-mine design. Offers APY of 77,112% at the present time and has raised $100k within hours of launch. Early presale price is heavily discounted vs the final stage.
  3. Meme Kombat – New crypto project that has only just launched and offers meme coin potential for growth, stake-to-earn rewards, and a unique Battle Arena where players can wager on the outcome of meme vs meme matches built on blockchain technology.
  4. TG.Casino – Newly launched presale that raised $150k within minutes of opening as crypto whales flooded into the project to secure tokens. The Telegram-powered crypto casino offers staking and profit-sharing, as well as an enticing welcome bonus once the casino is live.
  5. Wall Street Memes – Wall Street Memes is a new crypto project inspired by the r/WallStreetBets subreddit. The Wall Street Memes presale event raised over $25 million since launch and the project has a $1 billion market capitalization in sight. Presale is complete, with T1 exchange listings secured, and tokens can also be purchased OTC on the website.
  6. eTukTuk – Designed to help promote electric vehicles, eTukTuk is building a blockchain-powered charging and transport network in Sri Lanka. By investing in the TUK token, anyone can help fund the project’s growth and lay down the electric vehicle infrastructure of tomorrow.  The project has sold $60k worth of $TUK tokens already.
  7. Chimpzee – The Chimpzee token powers transactions across the Chimpzee ecosystem, which combines e-commerce, Non-Fungible Tokens (NFTs) and GameFi. By partnering with environmental and conservation charities, Chimpzee empowers users to earn income while making a positive impact on the planet. The project has raised more than $1.35 million and is only a few days away from the next price increase.
  8. Scorpion Casino – Scorp Token is one of the newest crypto coins looking to shake up the online casino space. It functions as the in-platform currency for the Scorpion Casino, online gambling and sports betting platform. The project’s presale is now 90% sold out of the soft cap, with $1m raised.
  9. Launchpad XYZ – Launchpad XYZ is a Web3 investment platform powered by the $LPX token. The presale has already raised $1.75 million and the project offers a variety of tools, data and insights to help Web3 users maximize their profit potential in the space.
  10. yPredict – yPredict is an AI-powered analytics platform and prediction engine for crypto traders powered by the YPRED token. It’s raised nearly $4 million and is nearing the end of a presale that has many investors predicting 10x returns.
  11. Arkham – Arkham Intelligence is a new platform that offers rewards for information that can be used to deanonymize crypto addresses. The “intel to earn” model pays out bounties in $ARKM, a new token that could see its price explode if Arkham Intelligence continues to rise in popularity.
  12. Sei – Sei is a new blockchain network that supports a range of different use cases. Although developers have been working with the technology for some time, its native token, $SEI, was only just launched—and already has more than 4 million users.
  13. Open Campus – Open Campus is a blockchain-based marketplace for educational resources. Transactions on the platform use a new cryptocurrency known as $EDU. The token is 50% below its launch price, so investors can pick up $EDU at a bargain.
  14. Bitcoin Spark – Bitcoin Spark is an emerging blockchain technology that draws upon the technological traditions of both Bitcoin and Ethereum. For example, the BTCS token takes a novel approach to coin issuance that borrows elements of Bitcoin mining and Ethereum staking. The token’s presale is now in Phase 2 and offers investors a 15% bonus on every purchase.
  15. The X – The X is a cross-chain protocol intended to make it easier to develop Web3 applications. Its features include NFT minting tools and no-code smart contract solutions. The token is up 600% since its launch last month and has more room to run.

Reviewing the Best New Crypto Launches to Buy

Having covered some of the key considerations, read on to discover the best new cryptocurrency to invest in now.

1. Bitcoin ETF Token – Best New Cryptocurrency Offering a Deflationary Token Supply and High Staking Yields 

Bitcoin ETF Token ($BTCETF) is one of the best new cryptocurrency platforms circulating the space. This brand new token has recently been launched on stage-one of a ten-stage presale – where 840 million tokens are being distributed. 

Bitcoin ETF Token presale

Bitcoin ETF Token will celebrate the progress of the first Bitcoin ETF (Exchange-Traded Fund) – which is set to be approved by the SEC. By setting 5 milestones that align with this goal, Bitcoin ETF Token will eventually burn 25% of its token supply as the goals are met. 

For instance, the official approval of the first ETF will result in a 5% token burning event. Similarly, 5% of the supply will be burned when the Bitcoin ETF is launched, and when $BTCETF reaches a trading volume of $100 million. 

Along with the reduced token supply, token holders can benefit from the huge staking yields. At press time, one can buy and stake $BTCETF to generate APYs (Annual Percentage Yields) more than 1,900%. 25% of the token supply (525 million) will be allocated as staking rewards. 

Bitcoin ETF Token staking

Another 40% of the supply is being distributed through the presale. By the end of the presale, Bitcoin ETF Token wants to raise a presale hard cap of nearly $5 million. So far, the presale has collected more than $110K in just a few days. 

Another 10% of the supply will be set aside for liquidity purposes. After a successful presale, $BTCETF can become one of the top new cryptos as it lists on exchanges. For more information on this crypto, read the Bitcoin ETF Token whitepaper and join the Telegram channel

Hard Cap $4.956 Million
Total Tokens 2.1 Billion
Tokens available in presale 840 Million
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Purchase with USDT, ETH, Card

2. Bitcoin Minetrix ($BTCMTX) – Just Launched Presale With New BTC Cloud Mining Model & High APY

Bitcoin Minetrix ($BTCMTX) is a brand new presale offering that has an APY of 77,112%, at the present time. This is more than merely a PoS ecosystem with staking rewards, however. It is a new take on the Bitcoin mining ecosystem, where BTC rewards are finally accessible to the entire market. 

Through Bitcoin Minetrix, users can stake their tokens in return for Bitcoin cloud mining credits. These tokens are then burned, which represents hashing power on the Bitcoin mining network, which can be traded for rewards. 

This is a stake-to-mine design where the staking and mining aspects are intertwined, in a world first. All of this is provided through an easy dashboard to monitor personal mining operations, including overall rewards, total hashing power generated, total amount burned, etc. You can stake, burn, or withdraw from the same interface. A mobile application will also complement the desktop version, in the near future.   

This is a very welcome innovation in light of the current situation regarding Bitcoin mining. It is dominated by huge mining corporations running expensive and environmentally damaging machines. It is not possible for a layperson to set up a mining rig (which costs upwards of $10k) and maintain it for profitability. It takes too much expertise and financial resources.

In other words, this could be a new paradigm in Bitcoin cloud mining. While there are other companies out there, few rely on the eco-friendly Ethereum, and the upfront cost is usually at least $100. With Bitcoin Minetrix, this cost is just $10. 

The price for the $BTCMTX token in the first stage is just $0.011, which will rise to $0.0119 in the final stage (stage 10). 70% of the supply, 2.8 billion, has been allocated to the presale. The campaign has also undertaken a third party smart contract audit, with stellar results. 

Other essential info can be obtained from the official Bitcoin Minetrix Whitepaper

The project’s socials, Twitter and Telegram, are additional sources of information.

Hard Cap $32 Million
Total Tokens 4 Billion
Tokens available in presale 2.8 Billion
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase $10
Purchase with USDT, ETH, BNB

3. Meme Kombat – Meme Coin with Wide and Varied Utility Including Staking and Battle Arena Just Launched on Presale

The next new crypto launch to invest in is Meme Kombat – a brand new meme token with huge utility that offers staking and play-to-earn crypto gaming.

$MK tokens are now available to purchase during the presale which is expected to become a late favorite for investors in 2023.

meme kombat battle

Although it is a meme coin, the project deviates from norms in a number of ways as it has a stricy supply, added utility and a public team.

Many meme coins have come and gone this year with little to offer except sudden community interest, but Meme Kombat is aiming to be different.

New investors are able to make immediate gains from the project during the presale should they choose to buy and stake their tokens, with current staking rewards at 112%.

Meme Kombat’s main feature is the Battle Arena, a unique new crypto game that will see characters representing meme coin favorites – such as Pepe and Floki – face each other.

meme kombat staking

Players can wager on a variety of markets in the game and play both player-vs-player and player-vs-game. Because of AI and blockchain technology, the results are immutable, secure, transparent and fair and not open to any manipulation or tampering.

The project will take a seasonal approach to the game to ensure interest over the long-term, with the doxxed and public developers even hinting at new game modes in the future.

Unlike other meme coins Meme Kombat has a strict supply of just 12 million, with 50% of those allocated to the presale.

Tokens cost $1.667 over one presale round, with the project having a $10 million hard cap. Join the Telegram group or read through the whitepaper for full information and the latest news on Meme Kombat.

Hard Cap $10 million
Total Tokens 12,000,000
Tokens available in presale 6,000,000
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase $10
Purchase with USDT, ETH, BNB, Bank Card

4. TG.Casino – Upcoming Crypto Casino with Staking and Profit-Sharing that Attracted $150k in Minutes After Launch

TG.Casino is another new crypto presale project to have just launched and one that has already attracted whale interest.

The $TGC token presale saw $150,000 invested within minutes of going live as crypto whales moved fast to take advantage of high staking rewards and the upcoming profit-sharing scheme.

tg casino

TG.Casino is a Telegram-powered crypto casino, scheduled to launch its platform soon, that utilizes the power of the messaging app to improve the customer experience.

Through Telegram, users can sign up instantly and anonymously – with no KYC verification needed – and also transfer crypto securely, instantly and anonymously via wallets such as MetaMask, Coinbase or TrustWallet.

Telegram, which has almost 800 million active global users, also offers players 24/7 customer support and instant feedback.

TG.Casino will join a rapidly-expanding corner of Web3, with crypto gambling becoming increasingly popular in 2023. It will offer new players a 150% welcome bonus, up to $30,000, plus 500 free spins. The casino will offer the best slots from reputable providers, classic casino games and a full sportsbook.

tg casino rewards

One of the TGC token’s main draws is its incredible staking rewards, which are already live and accumulating during the entirety of the presale and currently sitting at over 4,000%.

Not only does staking TGC allow users to earn rewards and incentivize holding but it also entitles them to earn more in a casino profit-sharing scheme based on a token buyback.

TG.Casino will periodically use profits from the casino to purchase back TGC tokens and then distribute them to those staking – 60% will be divided among stakers and 40% will be sent to a burn address. As has been seen with other tokens, having a deflationary mechanism can be a huge benefit to the value of a token as scarcity and value increases.

More info on TG.Casino can be found in the Telegram group or the whitepaper.

Hard Cap $5 million
Total Tokens 100 million
Tokens available in presale 40 million
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase 100 tokens
Purchase with USDT, ETH, BNB, Bank Card

5. Wall Street Memes (WSM) – $WSM Raised a Massive $26m, Earned 1.1M Views on Social Media, And Has Been Tweeted By Elon Musk. The Presale is Finished, Now Live on Exchanges

Wall Street Memes ($WSM) is a celebration of meme culture inspired by the r/WallStreetBets subreddit. With this token, the team sticks it to traditional finance while also creating a fun community where crypto enthusiasts and meme coin lovers can come together.

One of the top new cryptocurrency launches, Wall Street Memes – which also offers token staking – has sold more than $26 million worth of $WSM and is now listed on exchanges. It can also be purchased OTC on the official website.

WSM token home

Wall Street Memes has been a success by almost every measure. The project has more than 1.1 million views on social media and more than 260,000 followers on Twitter. Wall Street Memes jokes have even been retweeted by Elon Musk, the king of memes himself.

The wild success of this project comes as little surprise to the development team. The same developers were behind the Wall Street Bulls NFT collection, which sold out in 32 minutes last October.

The Wall Street Memes roadmap identifies an ambitious target of a $1 billion market capitalization, which would value each token at $0.50.

WSM tokenomics

If it achieves that goal, even presale participants who onboard during the final round will still see a nearly 15x return on their initial investment. Investors who got in during the early stages of the presale will stand to earn even more.

Crypto analysts like Jacob Bury have called $WSM the next meme coin to 10x and the project also offers staking, with the current APY sitting at around 55%.

Wall Street Memes has a total token supply of 2 billion $WSM tokens. Half of these will be sold in the presale. Another 30% of tokens will be used for marketing, while 10% will be reserved for CEX listings and 10% for DEX listings.

To stay updated with the presale, join the Wall Street Memes Telegram channel.

Hard Cap $30,577,000
Total Tokens 2,000,000,000
Tokens available in presale 1,000,000,000
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase 100 tokens
Purchase with USDT, ETH, BNB, Bank Card

6. eTukTuk – New Crypto Ready to Power the Next Generation of Blockchain EV Charging, Presale Selling Out Quickly

eTukTuk is a blockchain-powered transportation network that aims to provide sustainable transportation solutions in developing countries. The company’s flagship product is the eTukTuk electric vehicle (EV) that is built to be a more affordable, zero-emission alternative to traditional TukTuks.

In addition to the eTukTuk EV, eTukTuk is also building a network of charging stations which will establish a crypto-powered payment system. Once the firm’s EV charging infrastructure is established, drivers will be able to pay to charge their EVs using the TUK token.

eTukTuk home

The company behind eTukTuk has plans to raise $10 million through its initial presale. Early investors will then be able to stake their tokens and generate income from money raised by the charger network.

At the time of writing, the presale price for TUK tokens was $0.024. As a tiered presale, the price rises at each stage up to a public price $0.04. That means early investors benefit from a 40% discount.

Since launching the presale, eTukTuk has sold more than $60,000 worth of TUK tokens.

TUK is an attractive long-term investment prospect due to the nature of its staking mechanism, which requires investors to lock their funds away for at least 15 years. In addition to funding the network’s growth, this will help to stabilize the price of TUK in the short-term and could prevent losses.

Go through the eTukTuk whitepaper and join the Telegram channel to learn more about this sustainable cryptocurrency.

7. Chimpzee – New GameFi Token is Primed to Explode in Popularity, Raising $1.1 Million Within Weeks of Presale Launch

Chimpzee is an eCommerce, NFT trading and GameFi ecosystem that consists of three interconnected platforms. Comprising an online shop, an NFT marketplace and the “Zero Tolerance Game”. The project intends to donate a portion of all the transaction fees generated by the platform to environmental and conservation charities.

According to the Chimpzee whitepaper, the Chimpzee Store will incorporate a “shop to earn” component that will allow customers to earn CHIMPZ tokens every time they make a purchase. It will also deploy a play-to-earn function as another way for users to generate CHIMPZ.

Chimpzee features

Currently in stage 12 of a 16-stage presale. The price in the current stage is set at $0.00105 per CHMPZ. In the next phase it will rise to $0.0011 per CHMPZ, with the presale having raised more than $1.35 million.

As an extra perk to early investors, Chimpanzee is airdropping NFTs to presale participants. This, in addition to an innovative bonus structure, is set to reward investors according to how early they come on board.

Chimpzee’s potential to be the best new crypto for 2023 stems from its novel features that could generate passive income for users. Both the play-to-earn and the trade-to-earn features of the platform differentiate it from previous Web3 projects.

What’s more, looking at similar NFT games, early mints tend to be highly prized for their rarity. As the collection matures, Chimpanzee presale participants could find themselves in possession of valuable digital collectibles by virtue of their investment. Join the Telegram channel for more updates on the presale.

Token symbol CHMPZ
Total supply 200 Billion
Presale supply 40 Billion
Network Ethereum (ERC20)
Purchase methods ETH, USDT, Credit Card

8. Scorpion Casino – Platform Token For the Next Big Crypto Casino

Scorpion Casino is a new crypto casino that is quickly gaining popularity. The platform offers a wide variety of games, including slots, table games, and live dealer games.

One of the most unique features of Scorpion Casino is its revenue-sharing model. This means that users who hold SCORP tokens, the platform’s native token, will earn a share of the casino’s profits. This provides users with a passive income stream, and also gives them an incentive to help the casino grow.

SCORP casino

If the platform manages to claim a dominant market position in the booming crypto casino space, SCORP could prove to be one of the best new coins of 2023 and has already raised more than $1 million.

Since the launch of the SCORP presale in late July, nearly 2,000 investors have snapped up over 80% of the allotted tokens. With a presale price of $0.016, Scorpion is targeting a $750 million initial raise before the tokens are made available on the open market.

As an indication of the size of the market for gambling coins, RLB, the native token of Scorpion’s more established peer in the space, has a market capitalization of hundreds of millions of dollars. If it grows to a similar size, SCORP could see its price multiply by as much as 500%.

Read the Scorpion Casino whitepaper and join the Telegram channel for more information.

9. Launchpad XYZ – Time is Running Out to Back This Web3 Investment Platform and Participate in LPX Presale

Launchpad XYZ is a Web3 ecosystem that aims to make Web3 more accessible and user-friendly. The platform provides a variety of tools and resources for users to learn about, invest in, and use Web3 projects.

The native token of Launchpad XYZ is LPX. It is used to power a variety of features on the platform, including staking voting and payments.

launchpad xyz

Users can stake LPX tokens to earn rewards, such as discounts on trading fees. They will also be able to vote on platform proposals, such as which new projects to list. Finally, LPX can be used to pay for fees on the platform, such as trading fees and listing fees.

According to the Launchpad XYZ whitepaper, 25% of the total supply of 100 billion LPX tokens are available in the presale. Since the presale started, Launchpad XYZ has raised over $1.75 million, with tokens available for $0.0445 each with a current bonus of 20%.

One of the platform’s main features is its alpha Telegram signals group, which recently provided a 7,000% signal on LINQ.

As the sale approaches its final stages, investors are running out of time to purchase Launchpad XYZ’s tokens at the capped price. Join the Launchpad XYZ Telegram channel for more presale information and updates.

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

10. yPredict – The Latest AI Coin Generating Buzz with a Crypto-centric Trading Platform. Project has Raised $3.5 Million and Is Closing in on ICO

yPredict is another new crypto launch that is currently in presale. The YPRED token is intended to be used alongside the AI-driven crypto price prediction platform with the same name.

The yPredict whitepaper states that it is developing a marketplace that will enable developers of predictive AI models to market them to crypto traders. The YPRED token will then act as the default payment currency between developers and traders.

yPredict.ai presale

Throughout 2023, interest in AI-focused tokens has risen dramatically. As the fields of AI and blockchain development increasingly feed into each other, new crypto coins have emerged at the intersection of the two technologies.

Out of this growing pool of AI tokens, yPredict has emerged as a serious contender to be the next big thing. As the company states on its website, the platform already has a waiting list of over 20,000 users signed up for the anticipated platform. And if it takes off, YPRED may well become a key component of the burgeoning AI and crypto ecosystem.

Like WSM, yPredict is releasing presale tokens in batches, with the price rising at each new stage – more than $3.9 million has been raised so far.

The presale is currently in its seventh of eight stages and tokens can be bought for $0.1. In the final stage, tokens will cost $0.12.

Presale Started Q1 2023
Purchase Methods MATIC, ETH, USDT, BNB, Card
Chain Polygon
Hard Cap $6,500,000
Min Investment 200 YPRED
Max Investment None

11. Arkham – An Opportunity to Invest in a Gamechanging Crypto Platform

Arkham Intelligence is an AI platform designed to deanonymize crypto addresses by matching them with real-world entities. It was built to enhance transparency in the industry, where many firms struggle to meet the know your customer (KYC) and anti-money laundering (AML) requirements demanded by regulators.

Arkham’s basic premise is novel but controversial. Referred to as “intel-to-earn,” the platform erects an intelligence economy that matches buyers and sellers of blockchain data that can help identify the owners of crypto wallets. The platform has its own native token ARKM.

Arkham presale

Binance Launchpad hosted a token sale for 5% of the total ARKM supply in July. Tokens were also airdropped to early users of the Arkham platform.

Since it started trading on exchanges, ARKM hasn’t exactly performed well. Since it was first listed on July 15, the token’s price fell from around $0.8 to less than $0.5 each.

But starting at the beginning of August the price of ARKM has somewhat stabilized and the Arkham platform is gaining traction.

In one of its first major successes, Arkham announced recently that bounty-hunters provided evidence of wallets holding over $160M in digital assets tied to Terraform Labs and its founder, Do Kwon. They were rewarded with a little over 9500 ARKM for their efforts.

Although its performance since July has been poor, long-term forecasts for the price of ARKM are generally more optimistic. For example, Coinwire predicts that the crypto could be worth as much as $0.713071 in 2024 with a low-end of $0.645796.

12. Sei – Hotly Anticipated Layer One Blockchain with Over 4 Million Users Already

Sei is one of the most eagerly anticipated layer one blockchains to be developed in recent years. But up until recently, there was no way for investors to get hold of SEI tokens.

However, on August 1, Binance introduces SEI farming to its launchpool, allowing users to stake their assets in return for SEI for the first time.

Sei

The farming period will last 30 days and the Sei Network has allocated a total of 300 million SEI tokens for the farming process, amounting to 3% of the total SEI token supply.

Prior to its Mainnet launch, 4 million users participated in the Sei Testnet, demonstrating significant interest in the new platform. Ahead of mainnet launch, the Sei ecosystem is already populated with dozens of projects for people to get excited about.

The launch of a new layer one blockchain to rival established giants is a major event in the crypto world. As buzz around the new technology gathers steam, it will likely drive a flurry of activity once SEI becomes available to trade.

In comparison to other high-profile listings, that initial buzz has been experienced as a rapid spike in token value followed by an equally dramatic fall in value before the price stabilizes.

13. Open Campus – Educational Token Has Already Increased 10x Since Initial Sale

Another Binance Launchpad alumnus, Open Campus is a blockchain based platform designed to help creators of educational content markets and monetize their work.

Open Campus

The platform’s native token EDU had an initial sale price of $ 0.05 in April. Early investors have already made a good return on their investment and EDU is currently valued at over $0.5 per token.

Although the price of EDU fell against the dollar and major cryptocurrencies in June and July, it is a good new cryptocurrency to buy and hold as a longer-term speculative investment. Coin codex predicts that the token could see its price increase to $0.6196 in the next month.

Looking further ahead to 2025, the crypto data platform forecasts a price range of between $ 0.977505 and $ 3.33 for EDU.

14. Bitcoin Spark – Buy Bitcoin With 2023 Technology at 2011 Prices

Bitcoin Spark is a new cryptocurrency inspired by Bitcoin.

Whereas Bitcoin has evolved only slightly since its launch in 2008, Bitcoin Spark embraces more advanced blockchain features that have been developed over the years. The BTCS token presently resides on the Ethereum network however its tokenomics also draw inspiration from its OG namesake.

Bitcoin Spark

Drawing a middle ground between Bitcoin-style Proof-of-Work mining and Ethereum style Proof-of-Stake rewards, Bitcoin Spark uses an all-new blockchain technology called “Proof-Of-Process” (PoP), designed to deliver the best of both worlds.

The BTCS initial coin offering (ICO) commenced on August 1. In the initial phase, 300,000 BTCS are available to investors at a price of $1.5 each. Of these, 23% have already been sold. Until August 11, ICO participants are also eligible for an additional 20% bonus.

15. The X – Invest in Web3 Technology of Tomorrow with XTP

The X is the latest and most ambitious of a cohort of new crypto projects that are attempting to make building new Web3 applications easier.

The X

For example, The X Protocol Smart Contract Wizard is a user-friendly tool that enables the creation and management of smart contracts without any knowledge of coding. The platform offers a range of no-code solutions for functions such as minting NFTs.

TXP is a cross-chain token that powers the The X protocol. It is currently in the middle of a 90 day presale scheduled to end on August 21.

The presale is split into nine rounds lasting ten days each, with the token price rising by 40% in each stage.

How We Picked the Best New Crypto Launches to Buy

When selecting the best new cryptos to buy today, we considered several key factors that could boost their adoption and price.

To make our list, new cryptos needed to demonstrate an original value proposition, sufficient online visibility and community engagement, a clear business strategy for project growth, and genuine potential for price gains.

We sourced information from the different coins’ websites and social media channels. We also used third-party data sources such as CoinMarketCap, DEXTools, PooCoin, and more. Finally, we talked to crypto analysts and investors and scanned social media to find out which coins are hot and which aren’t.

Token Utility and Innovation

In the world of crypto, original ideas that serve a genuine need have the highest sticking power.  Anyone can mint a new token and start selling it online. But to gain any real traction, new coins need to offer something new and different.

The native tokens of the respective platforms, YPRED and TUK, are known as “utility tokens” because they are used to carry out some platform-specific function and can’t be replaced by another cryptocurrency.

defi llama tvl

Some projects have grand plans to change the world as we know it, while others are focused on smaller improvements to make everyday life a bit easier.

eTukTuk is the first electric vehicle charging solution to make use of BNB chain’s “opBNB” layer two solution, which uses cutting-edge optimistic rollups to scale functionality and reduce gas fees on the blockchain.

Many new projects and decentralized apps (dApps) are built on Ethereum, a layer-1 blockchain, and the second-largest crypto after Bitcoin.

Its popularity, speed and efficiency mean it is the top network for dApp builders, with projects having a combined worth (TVL – Total Value Locked) of almost $23 billion, according to DeFiLlama.

All that said, not every coin has to serve a real-world purpose to create returns for investors. Meme coins famously have no utility. $PEPE, for instance, jumped almost 10,000% earlier this summer despite having no purpose other than providing some laughs.

Originality

Beyond utility tokens, originality isn’t limited to technical innovation, it can also take the form of imaginative novelty. Our list of new cryptocurrencies includes coins that fall into both categories.

In the past, the best meme coins like Dogecoin, Shiba Inu and $PEPE  have generated a significant return on investment without being associated with a new technology platform or developing any new use cases.

Instead, meme coins typically rely on a well-designed website, original marketing strategies and community support to attract investors – sometimes to incredible results.

However, there have been more failures than successes in the meme coin world, which has been likened to buying a lottery ticket. The nature of investing in that particular niche makes research all the more important.

Crypto Whitepaper and Roadmap

When assessing the quality and potential of new crypto projects, it’s important to pay attention to each project’s website, whitepaper and roadmap.

A crypto project’s whitepaper explains what the project is about, how its tokenomics work, and more. From the whitepaper, investors should have a clear sense of what gap the token is filling and how it’s different from existing projects.

Reading project whitepapers can also help investors identify red flags that a project hasn’t been properly thought through. Any contender for the best new crypto to buy should clearly articulate the project’s vision and tokenomics.

The whitepaper also includes a project’s roadmap. This lays out a timeline of development for a token, and usually includes estimated dates for its presale launch, ICO, and major events like token burns. Depending on the specific project, roadmaps might also outline related product launches such as staking opportunities, NFT mints or airdrop promotions.

A good roadmap should give concrete time estimates for how long developments will take. Roadmaps can be ambitious, but they should also be realistic in their projections.

Community Activity

Community engagement is critical for the continued success of any new crypto – cryptocurrencies don’t just attract investors out of nowhere.

An active community of supporters is needed to generate the all-important social media buzz that gives new coins visibility and draws investment.

The meme coins on our list of new cryptos to watch, such as Wall Street Memes (WSM), benefit from large pre-existing communities that they are able to tap into.

The r/WallStreetBets subreddit has over 14 million members and Wall Street Memes, an offshoot, has gathered more than a million followers across its social media pages.

The size of projects’ social media following was also taken into account, as was their track record for communicating with users and investors.

However, as outlined in more detail below, followers can be bought so high engagement plus a large following is a truer indicator of community interest.

Marketing and Social Engagement

It would be almost impossible for any new cryptocurrency release to succeed without a solid marketing strategy.

Accordingly, we considered factors such as marketing spend and social engagement when researching the best new cryptocurrency to buy.

Social engagement metrics such as likes often have a strong correlation with cryptocurrency prices. For example, when the $PEPE token surged by over $250% in 24 hours in early May, it was accompanied by a huge spike in the volume of tweets referencing the meme coin.

Famously, billionaire Elon Musk helped DOGE pump to all-time highs in early 2021 by regularly posting about the token, as well as appearing on Saturday Night Live.

His takeover of Twitter, which has now been rebranded X, also allowed DOGE to pump in late October 2022, while an April Fool’s Joke where he changed the logo to a Shiba Inu doge, also saw huge volume for DOGE.

Musk has since been named in a class-action lawsuit accused of manipulating the price of Dogecoin.

Price Performance and Potential Returns

Finally, it wouldn’t be a satisfactory guide on the best new cryptocurrency to buy without an assessment of the potential returns offered by each token.

Some new crypto projects include price targets in their roadmaps. For example, the team behind WSM intends to achieve a market capitalization of $1 billion. Although investors should keep in mind that coin developers are prone to outlandish predictions, having an ambitious roadmap that incorporates a target price is a good starting point.

Of course, many of the coins on this list are still in their presale phase or have only just hit the open market. Without historical price data, it is difficult to carry out the kind of statistical analysis normally used in forecasting.

That being said, the speed with which coins like $YPRED sold out during their presale indicates high demand. Other promising signs that a token will produce returns include significant hype on social media and bullish price predictions by crypto analysts.

Where sufficient historical data exists, we incorporated technical analyses into our assessment of new cryptocurrency releases.

Is Bitcoin still a Good Investment?

Bitcoin has been one of the best-performing financial assets ever over its lifetime but in the last 18 months, BTC has dropped more than 60% from its all-time high.

Bitcoin is the original, largest and most popular cryptocurrency and many investors new to the space often believe they have missed the boat to make large gains from BTC.

However, while it is true that the opportunity to turn $1 into $1,000 has probably gone, Bitcoin still represents the ‘safest’ crypto investment – it is the least volatile, given its sheer size, and has been described as ‘digital gold’.

It has seen huge interest from financial institutions and remains, arguably, the most likely crypto to truly break into mainstream financial markets.

Numerous global investment firms, such as BlackRock and Fidelity, have recently applied for spot Bitcoin exchange-traded funds (ETFs)

Potential Risks & Things to Consider When Investing in New Crypto Launches

When investing in the newest cryptocurrencies, there are several things to consider before parting with any money. The following sections will consider the specific liquidity concerns of new crypto coins, the volatile nature of crypto prices, the risk of scams, and the unique regulatory and legal considerations of crypto investing.

Liquidity

Low market cap cryptocurrencies can sometimes suffer from low liquidity. This is something to keep in mind when investing in new tokens that aren’t available on exchanges, or are only listed on a few small exchanges.

During crypto market downturns, investors tend to prefer perceived safe havens like Bitcoin and Ether. Alternatively, they exit their positions in true cryptocurrencies altogether in favor of stablecoins.

During such periods, demand (and prices) for less established altcoins tends to plummet. In some instances, there has been insufficient liquidity for investors to swap their assets at any price.

Many projects set aside a portion of their total token supply for exchange listings to alleviate liquidity issues. For example, Wall Street Memes has set aside 10% of its total token supply for CEX listings and another 10% for DEX listings.

Transaction Visibility on Public Ledgers

When investing in new cryptocurrencies, remember that transaction information is visible on public ledgers.

Most of the new crypto coins on this list are ERC-20 tokens. That means that information about them is recorded on the Ethereum blockchain and anyone can view transaction and wallet data.

It’s a good idea for investors to look at transaction data to see how many unique wallets have purchased a new token. More wallets is a good sign, since it means that a token has more support and its price isn’t likely to be manipulated by just a few owners.

How Much Can You Afford to Risk?

Investors should be aware of the risk that they may lose their money. Crypto in general is a risky investment, and isn’t advised for risk-averse investors.

Compared to other asset classes and more established cryptocurrencies, coins like the ones on this list are highly volatile. They should not be considered safe investments and purchasing them comes with the risk that their value could collapse.

While the potential returns offered by new, low market cap cryptos can be much higher than more well-known alternatives, the associated risk is also higher. Investors should always be cautious not to over-expose their portfolio to such risky assets.

Rug Pulls, Scam Tokens and Pump and Dump Schemes

In the world of crypto investing, rug pulls and scams are an omnipresent threat that anyone searching for the best new cryptocurrency should mitigate against.

A rug pull refers to a type of cryptocurrency scam where the developers of a project abandon it and take all of the investors’ money. All the token contracts in this list have been independently audited, but that alone doesn’t guarantee that unscrupulous developers won’t leave investors in the lurch.

hacker

Ensure you read the whitepapers and perform background research before making any crypto investment. Red flags to look out for include statements in which developers reserve the right to adjust a crypto’s token supply after the initial sale, or to make major changes to its tokenomics without warning.

A related but slightly different scam is known as a pump and dump scheme in which a group of people artificially inflate the price of a cryptocurrency by buying it up and then selling it off at a profit, leaving other investors holding the bag.

These schemes often involve using social media to spread false or misleading information about the cryptocurrency, in order to drive up demand. Investors should be wary of any cryptocurrency that is being promoted too heavily, especially on social media.

Regulatory and Legal Status

Compared to other investment classes, there are few legal protections for crypto investors. As such, investors should undertake thorough research and be aware of the risks discussed in the previous two sections.

Moreover, most cryptocurrencies are subject to different tax reporting requirements depending on where you live.

In the US, there is regulatory uncertainty around whether cryptocurrencies are unregistered securities. Ripple recently won a lawsuit against the SEC that found that not all cryptocurrencies are securities, but the SEC is appealing this decision. For now, investors should assume that any crypto project, new or old, could be sued by the SEC.

How to Find New Cryptocurrency Releases?

It can be difficult to keep on top of the near-constant pipeline of new crypto listings. However, there are some handy tools to help you identify new opportunities.

Automatic Scanners

Automatic scanners like Dextools constantly scan crypto exchanges and can automatically identify when new cryptocurrency trading pairs are listed.

These platforms are very useful for ICO investors since they often have data for coins that haven’t yet listed on data sites like CoinMarketCap or CoinGecko.

In many cases, Dextools and related scanners have price charts, transaction data, trading volume information, and more. They will also highlight ‘trending’ and ‘hot’ coins to show tokens that have seen high trading volume and interest in the last 24 hours.

Presale and ICO Databases

Databases of ongoing or upcoming presales and ICOs are also useful for tracking new crypto investment opportunities. For example, one resource is CoinCodex’s list of token sales. Although not comprehensive, the list is typically up-to-date and identifies many presale and ICO opportunities.

There are dozens of different sites and databases to access, with leading data aggregators such as CoinMarketCap and CoinGecko also having their own ICO calendars.

coinmarketcap ico calendar

Some of these databases even use AI to grade new crypto projects, based on factors such as tokenomics, price, utility and so on. These scores can be useful for investors who want to find top-ranked crypto presales to investigate more quickly.

However, these sites should only be used as step one of a process of information-gathering and not be treated as a comprehensive reason to invest in a project.

Top positions on some ICO calendars can be bought and a high rating or top placement isn’t always reflective of a high-quality project – sometimes it is just one with a larger marketing budget.

As with all cryptos, proper research and due diligence should be conducted before investing in a token.

How to Conduct Crypto Research

Deciding on whether a new crypto is worth investing in is the most difficult task in the space, especially with money on the line from a right decision or wrong move.

With new cryptos, however, there are several telltale signs and red flags that can help investors make a decision on a particular project.

  • Website and whitepaper: After hearing about a new project, the website and whitepaper should be the first ports of call. The website should be professional and offer answers to all questions on the project. The whitepaper should be a detailed overview of a project and provide all the information necessary to judge a project. Poorly written or incomplete websites and whitepapers should be an immediate red flag.
  • Team: Next, check the developing team of a project. In most cases – except meme coins, where developers tend to remain anonymous – developers should be doxxed and public-facing rather than hide behind anonymity. Generally, the best projects will also have developers that have a track record of success in the space.
  • Partnerships: Another sign of a high-potential project is if they have already secured large partnerships of investment. As outlined below, this could include launchpad funds from crypto exchanges or venture capital investment. Projects such as The Sandbox have even secured deals with the likes of Adidas and Gucci, as well as major institutional backing.
  • Community: Interest and community are all-important in the crypto world – a project may have amazing fundamentals but if there is no interest from the community then it is unlikely to see big price increases. Check social media pages to see sentiment around a project and also the project’s own channels, a large following could mean large interest. However, note that followers can be bought so engagement is more important.
  • Audit and Security: There are numerous scammers, hackers and bad actors in the crypto space who are after your funds. Plenty of new projects turn out to be rug pulls or pump and dumps. The best projects will have their smart contracts audited and publically available to ensure investor trust.

Crypto Launchpads

Following the various crypto launchpads can also be worthwhile. Most major exchanges have their own launchpad schemes that help support new crypto startups and projects. You can track launchpad tokens on sites like Binance.

These are a good place to search for investment opportunities that have been vetted by professional analysts.

There’s no guarantee that launchpad cryptos will perform well, but these projects at least have major support from reputable exchanges that can help them get off the ground.

Social Media

Social media can also be a good source of information on new and upcoming cryptos. X (formerly Twitter) and Reddit have thousands of experienced crypto investors who and commentators who know what makes a high-potential token.

Some good Telegram channels for identifying new crypto projects include ICO Analytics and DeFi Million, with members able to discuss the strengths and weaknesses of a particular crypto and whether it could make a good investment.

For more in-depth research, there are many crypto-focused YouTube channels that discuss new coins and their investment potential. For example, BitBoy Crypto regularly posts videos on the topic, while Jacob Bury is another popular YouTuber with a good track record for spotting high-potential coins early.

The latter also has his own Discord channel that offers crypto investment signals and discussion from more than 15,000 members.

Conclusion

Having walked through the best new cryptocurrency launches for 2023, investors should now be in a better position to identify the best new crypto to buy.

Based on our analysis, we believe Bitcoin ETF Token is the best cryptocurrency to invest in today.

This cryptocurrency offers huge staking yields and deflationary tokenomics to investors. The platform celebrates the imminent arrival of a Bitcoin ETF, and will conduct token burning events as it completes 5 milestones related to the Bitcoin ETFs’ progress. The new cryptocurrency aims to raise nearly $5 million through the ongoing presale.

References:

FAQs

What are the newest cryptocurrencies?

How do I find new coins before listing?

What new cryptos should I watch?

What is the next big crypto in 2023?

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Are you looking to gain exposure to cryptocurrencies but unsure which projects to invest in? 

There are more than 25,000 cryptos available to purchase and while many offer the potential for massive gains, others turn out to be total failures or outright scams.

For both new and experienced crypto investors, the sheer size of the market can be overwhelming.

In this guide, we analyze the best crypto to buy now and over a wide range of projects to suit both short and long-term investors, from upcoming projects still in their presale stage to established favorites such as Bitcoin and Ethereum.

Read on to discover the top crypto assets for 2024. 

The Best Crypto to Buy Now Shortlisted

Here’s an overview of the best crypto to buy now:

  1. Bitcoin ETF Token (BTCETF) – The best cryptocurrency on our list, Bitcoin ETF Token offers high staking yields and a deflationary supply – designed around the pending Bitcoin ETF approval by the SEC. 
  2. Bitcoin Minetrix (BTCMTX) – Overall best crypto to buy with 77,112% APY and a new concept that allows individuals to mine Bitcoin over an Ethereum architecture in an eco-friendly manner. Has already raised $100,000 within hours of launching and trades at a discount in its first presale stage.
  3. Meme Kombat (MK) – Brand new crypto presale that has just launched and offers a wide range of utility for a meme coin. That includes a stake-to-earn feature – which is offering 112% APY – and the Battle Arena, where players can wager on the outcomes of matches between characters that represent meme coin favorites.
  4. TG.Casino (TGC) – Upcoming crypto casino that allows new holders to earn more than 4,000% APY through its staking pool. Will also offer profit-sharing of casino profits and has a token burn to make the supply deflationary. The casino itself utilizes the power of Telegram to make the user experience faster, more secure and totally anonymous.
  5. Wall Street Memes (WSM) An extremely popular project with over 1 million followers. Raised over $25m in its now-completed presale and is currently listed on the Tier 1 OKX exchange, among other exchanges. Also available OTC on the official webpage.
  6. eTukTuk (TUK)This is another new cryptocurrency that is focused on green initiatives. It is building a network of electric tuk-tuks alongside charging stations. This niche market will witness major demand in emerging economies. TUK tokens can be used to purchase an eTukTuk and pay for charging services. Its presale is currently offering a 40% discount to early investors and has raised almost $50k.
  7. Chimpzee (CHMPZ)This sustainable crypto project is making the world a more sustainable place. It has many green initiatives, including tree planting and donations for endangered animals. Chimpzee has also built a play-to-earn game with crypto and NFT rewards. The Chimpzee presale is offering an early-bird bonus of up to 100%. Over $1.25 million in presale funding has already been secured.
  8. Scorpion Casino (SCORP)This is one of the best crypto to invest in 2023 for exposure to decentralized gambling. Scorpion Casino has developed a casino and sportsbook that offers many perks, such as anonymity and generous bonuses. SCORP holders can stake their tokens for casino rewards and passive income. Its recently launched presale, which has now raised $800k, is offering a bonus of up to 500%
  9. Launchpad XYZ (LPX)Launchpad XYZ is a consumer-focused portal for Web3 investments. It simplifies the world of Web3 and makes it more accessible to everyday investors. Some of its features include an alpha Telegram group, AI-backed insights, tokenized real estate, and access to exclusive NFT mints. The Launchpad XYZ presale offers an early-bird discount and has already raised over $1.45 million.
  10. yPredict (YPRED)This new crypto project enables data scientists and quants to monetize their predictive models. Each model is backed by artificial intelligence and machine learning. yPredict models streamline the analysis process through trading signals and chart recognition alerts. The yPredict presale has raised over $3.6 million so far.
  11. Polygon (MATIC) – Polygon is an established layer-2 solution for the Ethereum ecosystem. More than 200 ERC-20 tokens have bridged to Polygon to benefit from scalable and cost-effective transactions. Network fees are paid in Polygon’s native cryptocurrency, MATIC, giving MATIC a real-world use case.
  12. Chainlink (LINK) – Chainlink connects blockchains with the real world via ‘Oracles’. Its innovative technology collects and distributes real-time data for smart contracts. This enables traditional industries to offer decentralized and autonomous services, such as finance and insurance.
  13. Ethereum (ETH) – More than 450,000 tokens operate on the Ethereum blockchain, with a combined worth of almost $25 billion. It is the leading network to build on and enables developers to create and deploy smart contracts without requiring third-party interference. All projects on the Ethereum network pay fees in ETH, which ensures that ETH tokens are always in demand.
  14. Cosmos (ATOM) – Cosmos has developed the Inter-Blockchain Communication protocol. This enables two or more blockchains to share data without using an intermediary. This is known as ‘blockchain interoperability’ and it’s expected to play a major role in Web3. Investors can gain exposure to Cosmos via its native token, ATOM.
  15. Bitcoin (BTC) – While Bitcoin might offer less upside than other cryptocurrencies, it’s the best digital asset for long-term appreciation and also considered the safest crypto investment. Bitcoin is the largest cryptocurrency by market capitalization and, according to a Crypto.com study, has more than 219 million token holders. Bitcoin is currently trading over 55% below its all-time high.
  16. Stellar (XLM) – Launched in 2014, Stellar has brought financial inclusivity to the masses. Anyone can use the Stellar network to benefit from cheap, fast, and scalable transfers. Stellar transactions average 5-6 seconds and fees amount to just 0.00001 XLM (about $0.0000013). Stellar has formed many notable partnerships, including MoneyGram, IBM, and Circle.

A Closer Look at the Best Cryptocurrency to Invest in 2023  

In the sections to follow, we evaluate the best cryptos for 2023. 

1. Bitcoin ETF Token (BTCETF) – Overall Best Crypto Offers Staking APYs Over 2,000%

The overall best cryptocurrency to watch right now is Bitcoin ETF Token ($BTCETF). This new cryptocurrency offers staking rewards and deflationary tokenomics – and is created in anticipation of the official approval of the first Bitcoin ETF. 

Bitcoin ETF Token presale

Bitcoin ETF Token has designed its project around the upcoming milestones of the Bitcoin ETF approval. The project has set 5 milestones – each resulting in a 5% $BTCETF token burn. Here are some of the milestones: 

  • The first Bitcoin ETF is approved
  • The Bitcoin ETF is launched
  • Total assets under management of the Bitcoin ETF cross $1 billion
  • $BTCETF reaches a trading volume of $100 million
  • $BTC reaches the $100K mark 

Thus, Bitcoin ETF Token will burn 25% of its token supply after the completion of each of the 5 milestones. Once $BTCETF is listed, Bitcoin ETF Token will charge a 5% trading tax. This will reduce by 1% after each milestone is met. 

Bitcoin ETF Token milestones

Platform members will be gifted staking rewards as the milestones are completed. Notably, 25% of the 2.1 billion token supply will be offered through the staking mechanism. Currently, investors can buy tokens via the presale, and instantly stake their holding to earn more than 2,00% APYs (Annual Percentage Yields). 

The ongoing presale consists of ten rounds – each allocating 84 million tokens. The goal is to raise a presale hard cap of $4.956 million. So far, Bitcoin ETF Token has raised over $100K in only a few days of the launch. 

At press time, $BTCETF can be purchased for $0.005 per token. Read the Bitcoin ETF Token whitepaper and join the Telegram channel for more information on this cryptocurrency. 

2. Bitcoin Minetrix – Best Stake-to-Mine Crypto Offering High Staking Rewards and New BTC Mining Architecture

Bitcoin Minetrix ($BTCMTX) is a stake-to-mine crypto, which, at present time, is offering APY yields of 77,112% and has observed $100k of investment in just hours of its presale launch.

It has also undergone an advanced manual third-party smart contract audit from Coinsult, with no issues found within the code. 

But it’s the core concept that really sells this as the best crypto for 2023. It provides a new mechanism through which individuals can successfully mine Bitcoin without needing specialized hardware or any technical knowledge. Right now, the Bitcoin PoW ecosystem is dominated by a large group of centralized mining interests. 

They have expensive hardware (known as ASICs) that are very damaging to the environment. And it takes a lot of expertise to maintain profitability with such rigs. This is where Bitcoin Minetrix comes in. It provides an easy and convenient way to earn rewards from Bitcoin, but over an Ethereum architecture. 

The $BTCMTX token is staked in return for Bitcoin cloud mining credits. These credits are then burned in return for rewards. The more tokens burned, the more the rewards. All this is achieved through an intuitive dashboard that gives a comprehensive oversight of the entire mining operation. This includes estimated rewards, mining power bought, mining power earned, etc. 

The upfront investment is $10 and the technical knowledge required is close to zero – it’s click and earn. Moreover, the presale is trading at a discount. The price is $0.011 in the first of ten stages and will rise to $0.0119 in the final stage. 2.8 billion of the 4 billion supply is allocated to the presale.

This is an inventive new presale that could disrupt the Bitcoin mining industry, and further offers a huge APY. We also liked the results of the audit, demonstrating the high levels of transparency.

Be sure to read the official Bitcoin Minetrix Whitepaper for further information. Project socials – Twitter and Telegram – are also well worth tuning into.

3. Meme Kombat – Newly Launched Meme Coin with Huge Utility Including Stake-to-Earn and Battle Arena Wagering

Meme Kombat is an exciting new meme project with a difference – huge utility, a limited supply, and a public team.

The project, which has just launched its presale, doesn’t take many pages out of the usual meme playbook, instead offering a whole new take on the high-potential space to make it one of the best cryptos to buy now.

meme kombat

Its most obvious USP is the Meme Kombat Battle Arena, which is a crypto-gaming element that allows players to wager on characters that represent other popular meme coins.

That means players can engage in player-vs-player or player-vs-game battles, with tokens and other prizes up for grabs as the likes of Pepe faces Wojak and Floki battles Shiba Inu.

Meme Kombat utilizes artificial intelligence and blockchain technology to ensure that all outcomes are provably fair, unique, transparent and secure – with funds also being transferred instantly.

As well as betting on the outcome of a battle, there are also numerous side bets to make – such as on the first move, moves used and other unique events – to give the game much more depth and allow players more opportunity to win.

The Meme Kombat team is doxxed and public-facing, a rarity in the meme space, and will take a seasonal approach to the game. That means that future seasons will see different characters, themes and arenas added as well as, potentially, new game modes in the future.

The MK token presale is now open and also allows new buyers to instantly stake tokens and earn an APY – currently sitting at 112% – while the presale is ongoing.

The project has a max supply of just 12 million tokens, tiny for a meme coin, with 6 million of those available during the presale for $1.667 each – making for a $10 million hard cap. The remaining supply is split between staking and battle rewards (30%), DEX liquidity (10%) and community rewards (10%).

Read the Meme Kombat whitepaper or join the Telegram group for more info on the project.

4. TG.Casino – Upcoming Crypto Casino Offering 4,000% APY, Profit-Sharing and 150% Welcome Bonus, Powered by Telegram

TG.Casino made an incredible start to its token presale as whales saw the project raise $150,000 just minutes after it launched this week.

Not only are they excited for the crypto casino – which utilizes Telegram’s capabilites to vastly improve the user experience – but because TGC tokens can be staked for 4,000% APY and to earn a share of the casino’s profits.

tg casino rewards

Starting with Telegram, a messaging app with almost 800 million active global users, TG.Casino will use the mobile app to make playing at the casino easier than on rival sites.

Using the Telegram bot and text-based command prompts, players can sign up instantly, securely and anonymously via the app, with no KYC verification needing to be passed.

Telegram also allows for instant, secure and anonymous crypto transfers to a variety of Web3 wallets, including MetaMask and Coinbase – Telegram also offers instant feedback and 24/7 customer support.

The casino itself will become part of one of the fastest-growing corners of Web3, the crypto gambling space. It will offer a sportsbook, thousands of leading slots from the best providers, virtual and live casino games and no fees on deposits or withdrawals. New players will also earn a 150% bonus, up to $30,000, plus 500 free spins when they join TG.Casino.

tg casino tokenomics

The TGC token can also be staked and, at the time of writing, is allowing stakers to earn 4,000% APY during the presale. An equally enticing aspect is the buy-back scheme, that will see TG.Casino use a portion of profits to regularly buy back TGC tokens and distribute them as part of a profit-sharing system.

Of the purchased tokens, 60% will be distributed to those staking for profit and the remaining 40% will be sent to a burn address.

As has been seen with the likes of Shiba Inu and Maker, token burns can have a huge impact on price, deflating the supply, incentivizing holding and increasing the value of the token.

For more info on TG.Casino join the Telegram group or read the whitepaper.

5. Wall Street Memes – Overall Best New Crypto to Buy with $25m Raised in Completed Presale, Now on OKX

Wall Street Memes is the overall best crypto coin to buy and is now listed on OKX and other large exchanges. This is a brand-new meme coin that has a huge online following and has more than 40 million people view its memes each month, which are largely focused on anti-Wall Street sentiment. Even Elon Musk has viewed and commented on multiple Twitter posts.  

In response, Wall Street Memes has taken its movement to the next level; it has developed a native cryptocurrency, $WSM. It was one of the most successful presales of 2023. 

WSM token home

Wall Street Memes is also inspired by the WallStreetBets Reddit movement. This 14 million-strong Reddit group was behind the 2021 meme stock craze. Just like Wall Street Memes, WallStreetBets believes in financial inclusivity. Collectively, the Reddit group invested in distressed stocks that were heavily shorted by hedge funds. 

As per the Independent, this resulted in companies like GameStop, AMD, and Blackberry witnessing huge gains – while hedge funds lost billions of dollars. By tokenizing its project, Wall Street Memes is already seeing a similar trajectory to WallStreetBets. With its $21 million+ in presale funding, the project has created huge hype in the crypto community. 

The project is not just a meme coin but also has utility through its staking mechanism, which has become extremely popular.

At the time of writing, more than 350 million tokens have been locked in the staking pool, which is generating an estimated APY of 55%.

WSM tokenomics

That said, investors should do their own research before investing in a meme coin like Wall Street Memes. While the upside could be huge, nobody can predict what the future holds. Nevertheless, the Wall Street Memes presale does not have a minimum investment requirement. This enables investors to mitigate the risks with smaller purchases. 

Visit the Wall Street Memes Linktree for more info on the project.

6. eTukTuk – Creating a Network of Electric Tuk-Tuks and Charging Stations in the Emerging Markets  

eTukTuk is also one of the best new crypto to invest in for long-term sustainability. Put simply, the project will reduce carbon emissions in the emerging markets through electric tuk-tuks.

Not only will this help overpopulated cities reduce their carbon footprint but also make transportation more affordable. 

eTukTuk network

eTukTuks are developed with locally sourced materials and with sustainability and safety in mind. What’s more, the project will also power a network of charging stations. This will further reduce costs for drivers. We also like that the eTukTuk ecosystem is being developed on the blockchain. 

This offers many benefits for eTukTuk drivers, such as transparent pricing and the ability to tokenize ownership. The blockchain will also allow eTukTuk drivers to tokenize their identities, enabling them to remain compliant with local transportation bodies. eTukTuk also has its own native token, TUK. 

TUK comes with many utilities, including payment for electric charging services. It can also be used by passengers when paying eTukTuk drivers.

TUK is currently being sold at presale prices, where $60k has been raised so far, enabling early investors to secure a discount. 

7. Chimpzee – Green Crypto Project Combining Environmental Practices With Sustainable Growth   

Chimpzee is the best crypto to buy now for sustainable investors. The project will appeal to investors seeking sustainable growth while simultaneously making the world a better place.

At the forefront of this is helping endangered animals and combating deforestation. For example, Chimpzee recently donated $15,000 to the WILD Foundation and has raised more than $1.35 million in its presale.

Chimpzee presale

This organization helps protect elephants from poachers. Chimpzee has also donated funds to deforestation charities. This has yielded 20,000 new trees in Guatemala. Not to mention 1,200 trees in the Amazon rainforest.

Many other green projects are lined up, which are funded in various ways. For example, a portion of Chimpzee merchandise sales are donated to charities. 

Moreover, Chimpzee has also created an exclusive collection of NFT passports. Not only does this provide access to its play-to-earn game but holders receive passive rewards. Staking a Chimpzee NFT will yield an APY of up to 20%. The proceeds from its NFT sales will help fund Chimpzee’s sustainable goals. 

Chimpzee will also appeal to long-term investors, especially those investing in its presale. Currently, each CHMPZ token is selling for just $0.00085. After the presale, CHIMPZ will be listed on an exchange at $0.00185. This means presale investors get a discount of nearly 55%. CHIMPZ is also offering a presale bonus of up to 100% when investing early.  

8. Scorpion Casino – Online Casino Tokenization With a Presale Upside of Over 200%

Scorpion Casino has developed a unique concept; a decentralized casino site that is backed by crypto tokens. Its casino is also live, allowing players to gamble cryptocurrencies anonymously.

Scorpion Casino hosts everything from blackjack, video poker, and slots to live dealers and sports betting and has now raised around $800k in its presale.

Scorpion Casino

The project’s native token, SCORP, is currently being sold at presale prices. There are many perks to buying SCORP early. First and foremost, the current presale price is just $0.017. Compared to the exchange listing price of $0.05, that’s an immediate upside of over 200%. Not only that but early presale investors will also be eligible for an exclusive NFT. 

There are four NFT types available, Bronze, Silver, Gold, and Platinum. Scorpion Casino NFTs come with many benefits. This includes a presale bonus of up to 40%, not to mention 25% in free casino credits. The specific NFT received depends on the amount invested and requires a presale purchase of at least $1,000. 

Additionally, SCORP tokens can be staked to earn passive rewards. These are paid daily and can be used to gamble on Scorpion Casino games. Scorpion Casino is also running a $250,000 giveaway.

Presale investors are automatically entered into the giveaway after completing their purchase. Do note that once the current presale batch sells, the price of SCORP will increase. 

9. Launchpad XYZ – Simplifying the Web3 Investment Space for Consumers – $1.75 Million Raised so Far

Launchpad XYZ offers growth investors exposure to the Web3 industry. It is building a decentralized portal for consumers, allowing them to navigate Web3 assets without any prior experience.

For example, Launchpad XYZ users can invest in fractionalized assets. This will include stores of value such as fine art, real estate, and luxury cars. 

Launchpad XYZ img

While these assets are inaccessible for many, Launchpad tokenizes ownership into tiny fractions. This makes them affordable for the masses. What’s more, tokenized assets can be traded on the Launchpad XYZ exchange. This is in addition to traditional cryptocurrencies and NFTs.

Launchpad XYZ will also offer metaverse experiences and an AI-backed chatbox and also has an alpha Telegram group that recently provided its members a 7,000% call on LINQ.

The latter enables users to seek investment guidance from artificial intelligence. This can help unlock unparalleled insights into the next best crypto to trade.

Additional Web3 assets are available to those staking LPX tokens, which are native to Launchpad XYZ. For example, by staking at least 25,000 LPX, users receive a $500 allocation to private presales. 

Launchpad Telegram Alpha

Stakers will also receive access to exclusive NFT mints. This is in addition to pre-released play-to-earn projects and discounted trading fees.

The Launchpad XYZ presale has raised over $1.75 million and early investors will receive a discounted entry price. Each LPX token costs just $0.0445.

10. yPredict – Decentralized Marketplace for Predictive Models Built via AI and Machine Learning   

yPredict is another of the hottest new cryptocurrencies. This is a presale project that has developed a decentralized marketplace. Its marketplace will enable data scientists and quants to monetize their predictive models. Each model uses innovative technologies like AI and machine learning and will have a specific use case and strategy. 

For example, some models are aimed at short-term crypto traders that seek real-time insights. But instead of manually analyzing charts and trends, yPredict predict models automate the process.

Employing the latest Ai technology and data science capabilities, yPredict lets you take control of your trading decisions

There will also be predictive models that offer real-time trading signals. The signal informs users of which cryptocurrencies to buy, alongside the suggested entry and exit price. 

yPredict will also host predictive models that perform sentiment analysis. This informs users of the hottest coins in the market, based on social media metrics. For example, the number of ‘likes’ or followers a crypto project gets on Reddit and Twitter. Irrespective of the predictive model, there is a solid vetting process in place before they are sold. 

Put simply, the yPredict DAO will test each model to assess its performance and viability. If the DAO approves it, users will be able to subscribe to the model.

Fees are paid in YPRED tokens, which are native to yPredict. YPRED is also the investment token of yPredict. Its presale has raised over $3.9 million. Currently, a presale discount of over 16% is available. 

11. Polygon – Layer 2 Solution for Ethereum – Increasing Scalability to 65,000 Transactions per Second 

Polygon was launched in 2019 with a simple objective – to help Ethereum-based projects to increase scalability, speed, and cost-effectiveness.

In a nutshell, ERC20 projects ‘bridge’ to the Polygon network, while remaining on the Ethereum blockchain. This increases the efficiency of ERC20 projects considerably. 

Polygon price chart

For instance, Polygon can handle up to 65,000 transactions per second. While the Ethereum network can currently handle just 12 transactions per second. Additionally, Polygon transactions take just two seconds to process. What’s more, Polygon transaction fees are much lower than Ethereum. 

In light of this, the Polygon ecosystem now boasts over 200 ERC20 projects. This includes everything from Chainlink, Render, and Decentraland to Aave, Dai, and Gala. To operate within the Polygon ecosystem, projects pay fees in MATIC. This is Polygon’s native token and it currently has a market capitalization of $6.3 billion. This is 70% lower than its all-time high. 

Cryptocurrencies are a volatile asset and prices may go up or down

12. Chainlink – Connecting Blockchains and the Real-World With Reliable Data  

Chainlink is an established crypto project that connects blockchains with real-world data. Ordinarily, blockchains can only obtain data from within their respective ecosystems.

This prevents blockchains from accessing real-world information – something that will be crucial in the Web 3.0 space. 

Chainlink price

Chainlink solves this issue through ‘Oracles’. Put simply, Oracles obtain data from online sources and feed it back into blockchain smart contracts. Chainlink Oracles are decentralized and data is only considered after it has reached consensus. This ensures that data is free from manipulation and inaccuracies. 

For example, suppose Chainlink provides flight information to an insurance-based smart contract. It will check thousands of data providers in real-time to ensure the information is correct beyond doubt. Developers pay fees to use Chainlink Oracles, settled in LINK tokens. LINK is currently valued at $3.8 billion – 80% below its former peak. 

Cryptocurrencies are a volatile asset and prices may go up or down

13. Ethereum – Large-Cap Smart Contract Ecosystem Supporting Over 450,000 ERC20 Tokens  

Launched in 2015, Ethereum is the most valuable cryptocurrency after Bitcoin. As per CoinMarketCap data, Ethereum currently has a market capitalization of over $220 billion.

Its decentralized framework enables developers to build and execute smart contracts. More than 450,000 ERC20 tokens have built their ecosystems on top of Ethereum. 

Ethereum price chart

Some of the most recognized ERC20 projects include Tether, USD Coin, Shiba Inu, Dai, the Sandbox, Decentraland, and Enjin. Whenever an ERC20 transaction goes through the Ethereum network, fees are paid in ETH. This creates demand for ETH, making it one of the best cryptocurrency to buy now for utility. 

Ethereum also has a solid investment thesis – especially at current prices. For instance, while investors will currently pay around $1,800 per ETH, this is over 60% below its all-time high. Additionally, the Ethereum Foundation is working on many core improvements to the network. This includes a significant increase in scalability and a decrease in GAS fees.    

Cryptocurrencies are a volatile asset and prices may go up or down

14. Cosmos – Market Leader in Interoperability – Enabling Blockchains to Communicate and Share Data 

Cosmos is the best coin to invest in preparation for Web 3.0. After all, blockchains are expected to play a major role in the next generation of the internet.

But currently, blockchains can only share data within their own networks. This limits the real-world use cases for blockchain. 

Cosmos price chart

This is where Cosmos comes in. It has developed the Inter-Blockchain Communication protocol, which supports blockchain ‘Interoperability’. Put simply, this enables multiple blockchains to communicate and share data. This means Web 3.0 technologies – like crypto, NFTs, and the metaverse, can operate across multiple networks. 

For example, an Ethereum NFT can obtain data from the Solana ecosystem. Or XRP tokens can transfer data to Cardano. Cosmos is fueled by ATOM, its native crypto token. ATOM currently has a market capitalization of just under $3 billion. That said, during the prior bull market, ATOM was valued at over $10 billion. This offers a discounted price of over 70%. 

Cryptocurrencies are a volatile asset and prices may go up or down

15. Bitcoin – Long-Term Store of Value With a Discounted Entry Price of Over 55%

Bitcoin is the most recognized crypto asset globally. According to CoinMarketCap data, Bitcoin has generated gains of over 4.7 million percent since 2011.

At its peak, Bitcoin was valued at over $1.2 trillion. Currently, Bitcoin is trading over 55% lower, giving it a market capitalization of approximately $565 billion. 

Bitcoin price chart

This offers a great entry price for investors. After all, the next Bitcoin halving event is expected in April 2024. This is often the catalyst for a new, extended rally – considering the Bitcoin mining reward is reduced by 50%. Bitcoin is also considered a great store of value. Its supply is predictable and limited – capped at 21 million BTC. 

Unlike other stores of value – such as real estate and gold, Bitcoin is easily transferred. It can also be fractionalized into small units, making it accessible to all budgets. Bitcoin is also used as a hedge against hyper-inflationary currencies, such as the Turkish lira and Argentine peso. Most importantly, Bitcoin is completely decentralized and is not controlled by any government. 

Cryptocurrencies are a volatile asset and prices may go up or down

16. Stellar – Financial Inclusivity for the Unbanked With Fast and Low-Cost Global Transfers 

Stellar is an established cryptocurrency that was launched in 2014. It has its own blockchain network, which is one of the most efficient in the market.

For instance, Stellar can handle up to 1,500 transactions per second. It has an average block confirmation time of 5-6 seconds and fees cost just 0.00001 XLM (about $0.0000013).

Stellar price chart

Stellar has many use cases, especially for people living in the developing world who do not have access to basic financial services. According to the World Bank, more than 1.4 billion people are still without access to a bank account. This means that people rely on third-party remittances more than ever. 

The Stellar network cuts out the middleman and drastically reduces fees and transfer times. In other words, beneficiaries receive the vast majority of their remittance payments. Stellar is also suitable for companies needing to make cross-border payments. IBM and MoneyGram, for instance, have already partnered with Stellar. 

Stellar’s native cryptocurrency, XLM, currently has a market capitalization of $3.8 billion. This is over 75% below its former all-time high. As such, XLM is the best crypto to buy now for a hugely discounted entry price.  

Cryptocurrencies are a volatile asset and prices may go up or down

How to Decide Which Cryptocurrency is Best for You

It is important to know that not all cryptocurrency investments will generate profits. 

Bitcoin, for example, has shown incredible gains over its lifecycle but investors who bought during the 2021 bull run now hold an asset that is more than 50% down from its all-time high.

BTC may well recover to reach new all-time highs but it is not guaranteed – cryptocurrency is a highly volatile asset class and many projects see huge gains only to fall away and fail to ever recover. 

Therefore, research is absolutely crucial when selecting the best crypto to buy now and investors should also be aware of their own tolerance for risk and budget before investing in any token.

Here’s what to consider when searching for the top cryptocurrency to invest in. 

Does the Token Have Utility?

A good starting point is to evaluate the utility of a crypto token. In simple terms, utility refers to the token’s use case. For example, we mentioned that YPRED tokens are required to purchase yPredict’s trading and predictive models. 

  • This means people will have a reason to buy YPRED tokens, other than for investment purposes only. 
  • Similarly, TUK tokens are used for payment at eTukTuk charging stations – this incentivizes drivers to buy and hold TUK. 

Over time, a token’s utility can increase demand, especially for non-crypto investors.  

In contrast, some crypto tokens do not have any utility. While they can still generate investment gains, the target market is smaller. This is because people will only buy the respective token for speculation, rather than any identifiable use cases.  

Meme coins are the most obvious example of this, with that particular crypto niche existing solely on hype, community interest and FOMO (fear of missing out).

Several meme coins such as Pepe, Wojak and Sponge have made incredible headlines in 2023 after returning thousands of percent in profits for early buyers. There are dozens more, however, that have failed and left investors with nothing.

Does the Project Have a Sizable Community? 

Some crypto projects have had unparalleled success because of a large community following. After all, token holders are incentivized to promote their crypto investments to the broader market. 

This means sharing and liking posts on social media and spreading the word on Reddit and other forums – this can quickly create hype and FOMO, meaning more people invest in the project.

Shiba Inu is a great example of a cryptocurrency that witnessed huge growth without any identifiable use cases. Due to the size of its community, Shiba Inu became a multi-billion dollar cryptocurrency within a year of its presale

Wall Street Memes img

A similar trajectory could be seen with Wall Street Memes. Just like Shiba Inu, Wall Street Memes is a meme coin with a huge online following. More than 40 million people view its memes every month, which generates significant exposure. 

This has filtered down to the Wall Street Memes presale campaign, with over $25 million raised from investors in just 12 weeks making it one of the year’s best crypto presales to have hit the markets. If Wall Street Memes retains its momentum after its initial exchange listing, the upside could be sizable. 

Does the Crypto Project Solve Any Existing Problems? 

When choosing the best crypto investments, investors should research what problems the project solves, if any. This can help the project grow as more people become aware of the solution. 

  • For instance, Launchpad XYZ makes the Web3 investment space more accessible to consumers. 
  • A great example is the platform’s fractional asset feature. 
  • Put simply, Launchpad XYZ will purchase a store of value, such as real estate or fine art. 
  • It will then tokenize the asset into small units. 
  • Consumers can then buy a small fraction of the asset, often for just a few dollars. 
  • Launchpad XYZ has also developed a decentralized exchange, enabling users to trade their fractional assets. This makes it a top crypto to buy.

Word of caution – many crypto projects have highly ambitious objectives and while they might claim to have a solution for a real-world problem, this isn’t always the case.

The project might need several years to achieve its goals, if they ever achieve them at all, which increases the risk significantly. 

Again, proper research and due diligence comes into play. Even if a project promises to solve a major issue, does it have a plan and the capability to do so?

What is the Upside Potential of the Crypto? 

The upside potential is extremely difficult to ascertain with any certainty, after all, the crypto markets are unpredictable and often irrational. 

For instance, at its peak, Shiba Inu had a market capitalization of $38 billion. This means Shiba Inu was worth more than the majority of US-listed companies, despite its limited real-world utility.

Shiba Inu has since added various utilities to its ecosystem – including its own layer-2 blockchain, decentralized exchange, NFT collection and metaverse – but its price has struggled to recapture those highs of early 2021.

shibarium

Nonetheless, the market capitalization is one of the most effective ways to assess the upside potential of a crypto. 

For example, while Bitcoin is one of the best crypto to buy now, it is already valued at over $500 billion. Similarly, Ethereum is currently valued at over $200 billion.

There is still an upside on these large-cap cryptocurrencies, and they are considered much safer than newer coins, but gains will be limited when compared to smaller projects.

This is why presales are so attractive to crypto investors. After the presale finishes, the majority will be listed on exchanges with a market capitalization of under $10 million. If the project then takes off, it can appreciate rapidly.  

As an example, BTC20 recently launched on exchanges having sold out its $6 million presale in just two weeks – the token then pumped 500% from $1 to almost $6 within three days of its listing.

Bitcoin, on the other hand, would need to reach a price of around $160,000 to make a 500% gain.

While that’s definitely possible in the future, it could take years because of the sheer size and volume needed for a move to that price, before even considering the resistance it would face on the way up as other investors took profits.

Different Types of Investors and Understanding Risk Tolerance

Investors are not built equally and each individual person will have a different appetite and tolerance for risk, based on various internal and external factors.

This can come down to the make-up of their personality – with some people naturally more cautious or risky than others – as well as influences such as their overall financial situation and investing goals.

There are three general profiles for an investor – conservative, moderate and aggressive – and it is vitally important for individuals to understand where they fit into those descriptions before they begin their investment journey.

Furthermore, it is important to fully grasp your current individual financial situation. $1,000 can be pocket change to some or a month’s wages to another, so investing those funds appropriately is wiser than chasing huge gains that may never come.

We would always suggest keeping a diverse investment portfolio not only within crypto niches but also one that has stocks, real estate and so on.

Are There Any Bear Market Discounts Available? 

Bear market discounts are highly attractive. They enable investors to ‘buy the dip’ when the broader markets are down. In other words, the best cryptocurrencies to invest in can be purchased at a huge discount. 

This strategy is also used in the stock market. For example, in early 2020, the S&P 500 declined from 3,380 points to just 2,304 points in a week. Those buying the dip would have secured a discount of over 30%. Since then, the S&P 500 has hit highs of 4,607 points, translating to growth of almost 100%. 

S&P 500 price

Currently, the majority of cryptocurrencies are also trading at a huge discount. This has been the case since the markets peaked in late 2021.

Bitcoin and Ethereum, for instance, are trading at over 55% and 60% below their all-time highs. In turn, now could be a smart time to start buying quality cryptocurrencies while prices are still low. 

Does the Project Have Notable Partnerships or Endorsements? 

The cryptocurrency markets are very reactive – especially when a positive news development is announced. For example, if a project secures a promising partnership with an established company. Or if a public figure endorses a specific cryptocurrency.  

Crucially, this often gives a crypto project credibility. For example, Stellar has formed partnerships with IBM and MoneyGram, which highlights that its payments network offers real-world value and is valued by globally recognizable firms. 

Wall Street Memes twitter

Similarly, we found that Elon Musk has replied to a Wall Street Memes Twitter post. While Musk simply commented ‘Literally’, the post was viewed more than 1 million times. This brought a significant amount of eyes to the Wall Street Memes presale. 

Important Considerations When Looking for the Best Cryptocurrency to Invest in

The risk-reward spectrum of cryptocurrencies is much higher than the stock market, which means that while the upside potential is high, so are the risks. 

Before investing, consider the important points discussed below.

Evaluate Affordability  

After choosing the best crypto to buy right now, one of two things can happen, the investment can either yield a profit or a loss.

Investors should, therefore, ensure that they are only investing money they can afford to lose. 

So before investing, it’s wise to do some calculations on everyday expenses, such as rent, food, and taxes and take all of that into account before setting an investment budget.

As outlined in the risk profile box above, some investors will have more spare cash than others based on wide variety of factors and financial responsibilities.

Independent Research is Crucial  

Never buy a cryptocurrency because of third-party advice. While analysts can help with insights and predictions, these should be taken with a grain of salt, with many influential players in the industry being paid to offer positive opinions.

Instead, take these recommendations as a prompt to look further into a project and then carry out independent research. 

This will ensure that the crypto investment is made in an informed manner. There are many ways to research the viability and potential of a cryptocurrency. This includes the project’s whitepaper, which should outline its goals and unique selling points. 

If the cryptocurrency is already established, consider reading relevant news stories. CoinMarketCap can also be used to analyze the financials, such as market capitalization and real-time pricing.

How to Conduct Crypto Coin Research and Spot Red Flags

Once you have found an interesting project or one that looks like it may have potential, it is important to conduct research.

The first step should be a project’s website, where a whitepaper and roadmap should be available to view. The whitepaper should essentially be a comprehensive manual of everything the project is setting out to do, including information on its utility, developing team, tokenomics and more. The roadmap is a plan of action that shows how the project will achieve its aims – any project can promise a $1 billion market cap, but showing how it plans to get there is another thing.

Next, investors should look at the developers behind the project. Having a doxxed and KYC-verified team is a major advantage, which usually means the project will not be a scam. Anonymity should be seen as a red flag with many projects, but is common with meme coins – in that case, it is important to look at the past track record of developers.

Partnerships and collaborations are also a good way to measure if a project has potential. If they have managed to secure partnerships with major brands or venture capital funds, that can be a huge seal of approval.

Check the sentiment around a project on social media, decide whether it is positive or negative and that there is sufficient community support for the project to grow. As outlined earlier, having a large number of followers in itself is not always necessarily a great sign, posts need to have high engagement as well.

Finally, check that a project has had its smart contract audited by reputable third-party firms. Legitimate projects will have nothing to hide in that regard, while nefarious ones will make them difficult to find.

Again, even following these steps does not guarantee that a project will be a success – ultimately, the market decides.

Create a Diversified Portfolio  

Seasoned investors will need to build a diversified portfolio as it reduces project-specific risks. In essence, do not put all your eggs in one basket.

  • For example, consider an investor who went all-in on FTX Token near its peak of $77. 
  • Currently, the investor’s crypto portfolio would be down 98%. 
  • An experienced investor might have allocated just 5% of their portfolio to FTX Token. 
  • The balance would have been made up of other cryptocurrencies. 
  • This means that the FTX collapse wouldn’t have had a major impact on their overall portfolio. 

The specific breakdown of a portfolio will depend on the investor’s risk profile. For example, some investors will allocate a small percentage to cryptocurrencies and the rest to other assets. This might include index funds and stocks. 

CoinMarketCap cryptos

Either way, the crypto-portion of the portfolio should be well diversified. For instance, if the investor has $1,000 to invest, they could buy 20 different cryptocurrencies at $50 each. Or 10 cryptocurrencies at $100 each, etc.  

Create a Suitable Investment Strategy  

There are many different ways to buy and sell cryptocurrencies. Investors should choose a suitable strategy for their goals and risk tolerance. 

For example, some investors prefer buying and holding crypto tokens long-term. This often means ignoring short-term trends and buying more tokens when prices are cheap. This strategy is ideal for beginners and those looking to invest passively. 

Some crypto investors are a lot more active, where short-term gains are more favorable. For instance, they might decide to buy a presale crypto like Wall Street Memes. Due to the immediate upside on offer, they might sell the presale crypto after it’s listed on exchanges. 

Alternatively, some investors prefer trading cryptocurrencies, taking advantage of market volatility.

However, this requires knowledge of chart analysis and technical indicators, which won’t suit newbies and takes a while to master.

Get Ready for Volatility and Unpredictability   

Cryptocurrencies are still a new concept, especially when compared to stocks and other assets. This makes it a lot more difficult to predict market cycles. The speculative side of cryptocurrencies is also an issue. 

The markets are extremely volatile, which can be intimidating for novice investors. Irrespective of the crypto being purchased, volatility cannot be avoided.

Investors must be prepared to see their portfolio rise and fall rapidly, and over short periods of time. 

While timing the markets is often impossible, investors should have an exit strategy in place – cashing out a percentage of gains once the crypto hits a specific price to ensure some gains are earned.

Is Now a Good Time to Buy Crypto? 

Similar to other financial markets, even the most successful investors find it difficult to predict broader cycles. This is especially the case in the volatile crypto markets. For example, Bitcoin peaked at over $68,000 in late 2021. 

It has since hit lows of around $16,500 in December 2022, a decline of approximately 75%, but in July 2023 returned to almost $32,000, a gain of 90% in those seven months.

The key point is that predicting these wild highs and lows is beyond realistic for most, even industry experts make poor calls and are unable to confidently pick when Bitcoin and other cryptos will improve or decline.

With this in mind, rather than trying to time the market, it might be best to dollar-cost average (DCA) crypto investments. 

This is a strategy where investors buy a small amount of crypto every week or month. When the markets are declining, the investor will buy crypto at a lower price point. And when the markets are rising, the investor will see their portfolio grow.    

It will mean that short-term volatility has a lesser affect on a portfolio and is more in line with a longer-term strategy. This strategy should be used in conjunction with diversification.

Another option is to fully capitalize on the crypto bear market. For instance, some investors will ‘double down’ when prices are low, as they are right now. This enables investors to buy the best cryptos at a huge discount. 

This strategy will pay off if the chosen cryptocurrencies regain their prior highs during the next bull run. But of course, there are no guarantees that this will happen and prices can always drop lower than they currently are.

Conclusion 

In summary, we have cleared the mist on the best crypto to invest in in 2023. However, investors should still do their own research and ensure they create a well-diversified portfolio.

In our view, Bitcoin ETF Token is the best crypto coin to buy now. This cryptocurrency offers high staking yields and will burn 25% of its token supply in the long-term. The project has set 5 milestones, which are associated with the launch and approval of the first Bitcoin ETF. 

For the ongoing presale, Bitcoin ETF Token has allocated 840 million tokens.

References

FAQs

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