Emerging cryptocurrencies offer exposure to new and undervalued projects that have the potential to explode. There are many emerging projects to choose from in this space, many of which are trading at bear market prices.
This guide ranks emerging cryptocurrency investments in 2023 for maximum potential upside.
Best Emerging Crypto to Buy – Our Analysis
Emerging cryptocurrencies often trade in a high-risk, high-return environment. Knowing which project to back can be challenging, so diversification is important.
Below, we analyze the 11 best emerging cryptocurrency investments of 2023.
1. Bitcoin ETF Token – Overall Best Emerging Crypto, Get High Staking APYs
The top emerging cryptocurrency on our list is $BTCETF – the native token of Bitcoin ETF Token. This project has been created to celebrate the imminent arrival of a Bitcoin ETF (Exchange-Traded Fund).
A Bitcoin ETF will allow investors to trade BTC, without holding the underlying asset. Currently, the SEC is yet to approve the first Bitcoin ETF. The Bitcoin ETF Token project has set 5 milestones related to the progress of the ETF, and its own goals. As each milestone is met, Bitcoin ETF Token will burn 5% of its token supply.
The 5 milestones include:
- Official approval of the first Bitcoin ETF by the SEC
- Release of the first Bitcoin ETF
- The Bitcoin ETF reaches $1 billion in assets held under management
- $BTC reaches the $100K mark
- $BTCETF reaches $100 million in trading volume
As the supply reduces, Bitcoin ETF Token may increase in price with a rise in demand. Furthermore, long-term investors can generate passive income through Bitcoin ETF Token’s staking mechanism. Tokens can be locked on a verified smart contact, to generate up to 1,00% in APYs (Annual Percentage Yields).
Bitcoin ETF Token has a total supply of 2.1 billion tokens – 25% of which will be distributed as staking rewards. Another 40% is being allocated through the ongoing presale. The presale will consist of ten rounds – offering 840 million tokens in total. Currently, $BTCETF is priced at $0.005 per token.
Since the presale launched, Bitcoin ETF Token has raised more than $220K in only a few days. The presale hard cap target is nearly $5 million. For more information on this new crypto, read the Bitcoin ETF Token whitepaper and join the Telegram channel.
Tokens available in presale
USDT, ETH, BNB, MATIC and Card
2. Bitcoin Minetrix – Newly Emerging Crypto Offers Alternative BTC Mining Solution
Bitcoin Minetrix ($BTCMTX) is a just-launched crypto presale with a lot of potential moving forward. It provides the world’s first stake-to-mine ecosystem with high yield APY (2,563%) and a potential for price appreciation.
Through the cloud mining platform, users can avoid the hardware costs and environmental damage associated with Bitcoin mining.
Users can simply buy and stake their tokens to acquire cloud mining credits. This protects users’ interests resulting in a secure and transparent mining experience.
At present, Bitcoin cloud mining is rife with hacks and scams. Upfront fees are high and there are often issues with withdrawals. Bitcoin Minetrix has undertaken a smart contract audit and the code was found to be 100% clean, another sign of transparency.
Those who use Bitcoin Minetrix only require an Ethereum-compatible wallet (such as MetaMask) to buy and stake $BTCMTX tokens.
Staking $BTCMTX earns non-transferable ERC-20 token credits that have to be burned in exchange for BTC cloud mining power.
It is also an improvement in terms of its UI. The dashboard is comprehensive yet simple, allowing users to burn, stake, or withdraw their tokens.
They can also look at other key metrics including ‘Mining Credits Earned’ and ‘Mining Power Bought’. A mobile application is currently under development, and this will add to the convenience considerably.
This is something we have not seen before in the BTC cloud mining industry, and it has an upfront cost of only $10. The token also trades at an early presale discount.
Bitcoin-inspired tokens are performing very well this year. But this is a Bitcoin-inspired token that adds considerable utility value, aside from just psychological appeal. It targets a very real billion-dollar BTC mining market, with a world-first stake-to-mine model.
More information on how this works can be found in the Whitepaper.
USDT, ETH, BNB, Bank Cards
3. Wall Street Memes – Top Crypto With the Biggest Community and The Fastest-Selling Tokens, Presale Is Over
Wall Street Memes is one of the fastest-growing meme coins in 2023. The platform launched the presale of its native coin, $WSM, on May 26, and it has managed to sell more than a whopping $25 million worth of its assets in less than twelve weeks. This makes Wall Street Memes one of the best emerging cryptos to invest in 2023.
The craze around $WSM is partly due to the project developers’ earlier successes with other blockchain ventures. The team launched Wall Street Bulls in 2021, a collection of 10,000 NFTs that got snapped up in just 32 minutes, bringing the developers a revenue of $2.5 million.
Taking inspiration from Wall Street’s GameStop phenomenon in 2021, Wall Street Memes aims to leverage the power of its growing community to increase the value of its token and put control in the hands of its holders.
As it stands, the platform already has a large community of more than 1.1 million members on Reddit and Twitter, and its official Telegram channel is also steadily growing.
Adding to the project’s popularity are endorsements from notable crypto enthusiasts. Most significantly, we’ve witnessed several interactions on Twitter between Elon Musk and the official Wall Street Memes account, which signalizes the entrepreneur’s support for the meme coin, giving it additional merit.
According to WSM’s whitepaper, there will be two billion tokens in circulation, half of which have already been released for presale. The finite supply produces scarcity, which may influence the token price positively in the future.
This token is listed on major exchanges like OKX and Huboi.
May 26, 2023
ETH, USDT, BNB, credit card
4. Launchpad XYZ – Emerging Crypto Gateway to the World of Web 3
With its presale launched in April 2023, Launchpad XYZ is one of the most recently introduced crypto projects. The developers’ objective is for the platform to become a one-stop shop for all Web 3 services and functionalities.
The reason why Launchpad XYZ is one of the best emerging cryptocurrencies this year lies in the fact that it can make Web 3 accessible to anyone. Thanks to its integrations, it can make this advanced technology easy to use without extensive technical knowledge.
The whitepaper states that this decentralized platform will let you search for and buy NFTs from any available market, trade and find the best cryptocurrency to buy now on its decentralized exchange, access analytic data for hundreds of tokens, and discover viable investment opportunities.
It will also let you explore its rich Metaverse Experience Library, earn tokens while having fun at its Play-to-Earn Hub, and subscribe to different services using only your Web 3 wallet address. These features make Launchpad XYZ unique, as no other platform currently offers such an all-encompassing approach to Web 3.
The lack of competition and its fantastic growth potential has made the project an instant hit, as reflected in its earnings. Only a couple of weeks after it launched the presale, the platform has amassed more than $390,000. Given that it’s still in its first presale stage, the project’s native token, LPX, currently stands at only $0.035.
Of course, its price is set to increase in subsequent presale stages until it reaches the listing price of $0.0565. If you want to stay informed about the price changes, you can do so via the project’s official website or Telegram channel.
USDT, ETH, Transak
5. yPredict – Emerging Crypto for Market Predictions
yPredict is third on our list of the best emerging cryptocurrencies in 2023. It is a brand-new analysis and research platform. According to its whitepaper, it will help users access reliable predictions and make better trading choices, especially in cryptocurrency markets.
The complexity of financial markets and the advancement of sophisticated trading bots and algorithms constantly change the situation in crypto, making it difficult for traders to predict market moves. yPredict aims to make this a thing of the past by offering tools ML experts and financial data scientists can use to make accurate, real-time, predictive models.
These developers can then sell subscriptions to their models on the platform’s Marketplace, earning as much as 70% of each subscription cost in yPredicts native token — YPRED. What’s more, holders can not only use YPREDs to buy subscriptions, but they can also get free access to the platform’s analytic tools.
They are also encouraged to stake their assets and participate in a staking pool consisting of 10% of the platform’s revenue. This revenue-sharing model takes precedence over fixed liquidity models some other platforms use, providing a more consistent income stream. You can learn more about staking and other passive income opportunities if you join yPredict’s official Telegram channel.
The project is currently in its fifth presale stage out of eight. You can now get YPRED tokens for $0.07, but remember that their price will rise in subsequent stages until it reaches $0.12 at launch. Although it was only launched in February, yPredict has already raised over a million dollars, making it one of the most promising crypto projects of the year.
ETH, MATIC, USDT, BNB, Card
6. The Graph – Blockchain Indexing for Ultra-Efficient Storage
The Graph is an emerging cryptocurrency project that specializes in blockchain ‘indexing’. This concept is utilized by search engines like Google and it enables ecosystems to store and organize huge amounts of data in an efficient way. This is a crucial requirement for blockchains that host decentralized applications.
After all, each application within a blockchain network constitutes an individual transaction. Therefore, by integrating the Graph’s indexing protocol, blockchains can avoid overload. In turn, the Graph enables blockchain to scale in a fast and cost-effective way. In order to benefit from its technology, blockchains need to hold GRT tokens, which are native to the Graph.
Although the market capitalization of GRT is over $1.3 billion as of writing, this is just a fraction of its former peak. For example, the Graph was valued at over $5.7 billion during the prior bull run. As such, buying GRT tokens today offers a discount of over 75%. If GRT is able to regain its all-time high of $2.30, this offers an upside of 1,400% based on current prices.
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7. AAVE – Liquidity Protocols for Decentralized Finance
Aave is one of the best emerging crypto coins for gaining exposure to decentralized finance. Its ecosystem hosts liquidity pools that are compatible with a wide range of blockchain networks. This includes everything from Ethereum and Polygon to Avalanche and Optimism.
This cross-chain functionality means that Aave is now home to over $6.6 billion worth of locked liquidity. Its underlying product enables investors to deposit crypto into a liquidity pool and earn interest. The crypto is then used to fund secured loans. This means that to borrow funds via the Aave protocol, collateral needs to be deposited.
The utility and governance token of the Aave ecosystem is AAVE. This is an ERC-20 token that currently has a market capitalization of just over $1 billion. Moreover, the total supply of AAVE is just 16 million, so this will appeal to investors that seek a low-cap crypto coin. When compared to its 52-week high of $260, AAVE is trading at a 70% discount.
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8. Optimism – Layer-2 Blockchain for Low-Cost and Scalable Ethereum Transactions
Optimism was launched in mid-2022 and remains one of the best emerging crypto assets in the market. The project has developed a layer-2 blockchain aimed specifically at the Ethereum network. Put simply, Optimism is an extension that enables Ethereum developers to deploy applications without scalability issues.
Moreover, Ethereum transactions that go through Optimism are considerably cheaper. Optimism claims that since it launched, its protocol has saved Ethereum users more than $1 billion in GAS fees. Plenty of notable projects are already using Optimism to ensure that scalability and cost-effectiveness are achieved.
This includes Uniswap, 1inch, Synthetix, Lyra, MetaMask, Coinbase Wallet, and Binance. Optimism is backed by OP tokens, which are native to its blockchain. There is growing interest in OP, with the tokens generating year-to-date gains of over 170%. With that said, OP tokens are trading 40% below their 52-week highs of $4.57.
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9. NEAR Protocol – Web3 Blockchain Protocol With Limitless Scalability
NEAR Protocol was launched in mid-2020 and remains one of the hottest blockchain projects in this space. Unlike legacy-one blockchains such as Bitcoin and Litecoin, NEAR Protocol has the potential to scale without limitations. In simple terms, this means that the blockchain can handle as many transactions per second as it requires.
This is achieved through dynamic sharding, which also facilitates fast and low-cost transactions. For example, NEAR Protocol transactions cost under a cent, regardless of the amount being transferred. Moreover, transactions average just 1.1 seconds to confirm on the blockchain.
NEAR Protocol is backed by its own utility token, NEAR. When it was first launched, NEAR was trading at $1.70 before hitting an all-time high of $20 just 18 months later. However, NEAR has since retreated to $2, owing to broader market conditions. Nonetheless, investing in NEAR Protocol today offers a 90% discount from its previous peak.
10. PancakeSwap – Decentralized Exchange for BSC Trading and Earning
PancakeSwap is the go-to decentralized exchange for Binance Smart Chain (BSC) tokens. Its exchange enables users to swap BSC tokens without needing a seller at the other end of the trade. This is achieved through an automated market maker (AMM) mechanism, which is also used by Uniswap and AAVE. More than $3.4 billion is currently locked in PancakeSwap liquidity pools.
Additionally, over the prior 30 days, more than 1.6 million traders have used PancakeSwap, translating into over 22 million traders. As such, PancakeSwap continues to attract both trading volume and liquidity investments in both bullish and bearish markets. In addition to low fees and a user-friendly dashboard, PancakeSwap is popular for its attractive APYs.
For example, depositing its native token, CAKE, into a liquidity pool offers an APY of up to 42%. Similarly, providing liquidity for the BUSD/BNB trading pair pays an APY of up to 17%. As of writing, CAKE is trading at just $3.85 – which is 90% below its former all-time high of over $40. Year-to-date, CAKE has increased by 20%.
11. Trust Wallet Token – Proprietary Token of Trust Wallet (25 Million Users Globally)
Trust Wallet is one of the most popular decentralized wallets in the crypto space. It is used by more than 25 million people globally and is owned by the world’s largest exchange – Binance. The Trust Wallet app supports more than 4.5 million digital assets across over 65 blockchain networks.
Some of the most popular services available on Trust Wallet include decentralized trading, staking, yield farming, and NFT storage. Trust Wallet also enables users to buy crypto with a debit card, through third-party integration. Its ecosystem is backed by the Trust Wallet Token (TWT). This BSC-backed token was launched in late 2020 at just $0.0066.
Toward the end of 2022, TWT hit an all-time high of over $2.70. This means that early backers of the Trust Wallet Token have witnessed growth of over 40,000%. With that said, the market capitalization of this emerging project is just $500 million. As such, TWT has lots of room to grow. Moreover, TWT is currently trading at a 50% discount when compared to its previous all-time high.
Tips on Sourcing the Best Emerging Crypto Tokens
Building a portfolio of emerging cryptocurrencies requires an appetite for high-risk, high-return assets. It also requires the best crypto portfolio allocation.
With that said, investors in this space will typically diversify across dozens of emerging projects to help mitigate the risk and maximize their potential in the next crypto bull run.
Keeping an eye out for new Coinbase listings is also a good strategy when looking for emerging cryptos with strong potential.
The reason for this is that it takes just one emerging cryptocurrency to explode and the returns can be monumental. This is especially the case with newly launched cryptocurrencies that enter the market with a small valuation. But finding the most profitable crypto to invest in is easier said than done.
For example, Wall Street Memes is currently raising funds via a presale campaign. After the presale, its $WSM tokens will likely trade on exchanges with a hard cap of $30,577,000. Considering its enormous popularity and the size of its community, we believe that Wall Street Memes can easily become one of the top cryptos on the planet by the end of this year.
Similarly, BTC20 is also emerging cryptocurrencies running a presale campaign. Diversifying across these presales also offers access to train-to-earn and charge-to-earn concepts. As such, the investment portfolio is being spread across multiple blockchain niches.
Did you know that there are crypto YouTube channels that offer useful insights into finding the next best emerging cryptos?
Reasons to Invest in Emerging Cryptos in 2023
Emerging cryptocurrencies carry a higher level of risk when compared to established projects like Bitcoin and Ethereum. But equally, the investment returns on offer are also much higher.
Here’s an overview of why emerging cryptocurrencies remain popular with growth investors:
Emerging cryptocurrencies enable investors to secure a first-mover advantage – this means that investors can gain exposure to a project at the earliest point possible.
In doing so, this typically offers the most attractive entry price. This concept is much the same as investing in Tesla in 2010 when the stock was trading at just $1.28.
But most investors will hold their tokens after the exchange listing, as much higher returns are possible. Did you know that the best crypto Discord groups often pinpoint emerging cryptos that have huge utility and potential?
Small Market Cap
Emerging cryptocurrencies carry a small market capitalization. This enables investors to target much higher returns when compared to large-cap projects.
After all, small-cap tokens have plenty of room to grow. Therefore, investing in an emerging cryptocurrency enables growth investors to target higher returns in comparison to the market average.
Growth investors will target emerging cryptocurrencies for the high-upside on offer. One of the most promising projects in this space is Bitcoin ETF Token.
This cryptocurrency speculates on the imminent arrival of a Bitcoin ETF. Over time, Bitcoin ETF Token will burn 25% of its token supply. $BTCETF can also be staked to earn high annual yields.
Interested investors can buy this crypto through the ongoing presale – where 840 million tokens are being allocated at low prices.