Best Altcoins to Buy in 2023

With over 30,000 cryptocurrencies, finding the best altcoins can be overwhelming. It is particularly tough if you are just getting started with crypto investing. And the situation is often aggravated further by the highly volatile nature of digital assets and the unpredictability of the crypto market.

In this guide, we’ll analyze the best altcoins to invest in right now, we will also tell you if altcoins are worth investing in today, elaborate on the factors to consider when buying altcoins, and tell you everything else you need to know about altcoins – such as where and how to invest them.

Best Altcoins To Buy In 2023 – Overview

Here is a summarized outline of the best altcoins to invest in today: 

• Ethereum – Overall Best Altcoin To Invest In 2023
• Conflux – Top Altcoin To Invest In 2023 With 100x Potential
• Solana – Best Smart Contract Altcoin To Buy Today
• Cardano – Top Altcoin With The Most Secure Blockchain 
• Decentraland – Best Metaverse Altcoin To Invest And HODL
• Binance Coin – Best Exchange-Based Altcoin To Buy Right Now
• Uniswap – Best Decentralized Altcoin To Invest for Maximum Future Gains
• Shiba Inu – Best Meme coin To Invest Before Next Market Rally Kicks Off
• Cosmos – Best Interoperability Crypto To Invest And HODL
• Ripple – Most Undervalued Altcoin To Invest Today
• Aave – Best DeFi Coin To Invest At A Discounted Price
• Polygon – Cheap Altcoin To Buy And Hold Beyond 2023
• Polkadot – Best Crypto For Long-Term Investing
• Avalanche – Promising Interoperability Token

Read on and we will explain why each made it here in the next section.

A Closer Look At The Best Altcoins To Invest In Today

In this section, we will explore each of these altcoins and tell you why they made the cut for the best altcoins to invest in today. We will also discuss how our analysts and the larger crypto community expect them to perform moving forward.  

1. Ethereum (ETH) – Overall Best Altcoin to Invest in 2023

Ethereum is arguably the best altcoin to buy today, largely because of its massive upside potential. It currently is the largest smart contract platform and is also home to the greatest selection of DeFi, dApps, metaverse, and Web3 projects. These have brought about massive use cases for ETH tokens and even helped push their price to more than 1.6 million percent at its peak in late 2021.

Moving forward, we expect even more brands on- and off-chain brands to continue collaborating and building on the Ethereum network. The Ethereum 2.0 upgrade will improve the network’s efficiency and cap the minting of new ETH tokens -limiting its supply amidst growing demand. These, plus a recovering market are expected to help catapult ETH prices to unbelievable heights.

By 2030, some optimistic analysts are confident that Ethereum will have overtaken Bitcoin as the most valuable cryptocurrency. That one ETH token has the potential of breaking above $10000 by the turn of the decade.

Ethereum already has a larger ecosystem than Bitcoin and is even more useful than the pioneer cryptocurrency. It is, however, the promise of breaking above $10k and overtaking BTC that makes Ethereum the overall best altcoin today.

>>>Buy Ethereum Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. Solana (SOL) – Best Smart Contract Altcoin to Buy

Solana is the fastest-growing smart contract platform. Designed with the aim of replacing Ethereum as the most preferred smart contract platform, Solana has rapidly onboarded each of the technologies found on Ethereum. From DeFi rod Apps, NFTs to the metaverse, play-to-earn games to meme coins, and even decentralized exchanges. These have helped SOL tokens sustain an uptrend and peak 130000% above their ICO price.

Moving forward, the crypto asset shows no signs of slowing down, which is why we include it among the best altcoins to invest in today. Even in the middle of the crypto market dip, Solana is actively expanding its ecosystem by onboarding more programs and protocols and growing its community.

Importantly, Solana has proved to be a sustainable crypto project. Moving forward, we expect Solana investor interest in SOL tokens to keep rising. We also expect the number of users on the network to increase exponentially as the 350+ crypto projects launched here go mainstream and draw in millions of users.

When the markets start recovering, we expect the SOL price to recapture its 2021 highs and resume the rally, which pushes it to new heights. All these confirm why you should add Solana to your watchlist of altcoins to invest at the current dip.

>>>Buy Solana Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

3. Cardano (ADA) – Most Secure Blockchain Altcoin

Cardano is the largest smart contract platform. It has also been consistently ranked the most secure blockchain by crypto and fintech experts by virtue of being the first peer-researched crypto technology. It, too, has sustained a positive uptrend since its launch, despite having only integrated a fraction of emerging technologies integrated by its other Ethereum-killers, like Solana.

These haven’t prevented it from becoming a near-permanent feature on the top 10 most valuable crypto assets. This is a great testament to investor confidence in the crypto project and is one of the primary reasons why we feature Cardano among the best cryptos to invest in today.

Moving forward, we expect the Cardano network to integrate more of the emerging and hugely popular crypto technologies – effectively increasing ADA token use cases. We also expect its community of followers and investor interest to sustain its current growth momentum. Additionally, we expect the crypto market to rebound and start recovering, helping ADA tokens recapture their record high and 2021 price rally.

By the turn of the decade, some optimists are confident Cardano will have caught up with its competitors. Some even expect ADA price prediction to overthrow Ethereum as the dominant smart contract platform. By this time, they estimate it could have grown its worth by 4000% to break above $20 – which makes it the best altcoin to invest in 2023.

>>>Buy Cardano Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

4. Decentraland (MANA) – Best Metaverse Altcoin

Decentraland is the pioneer metaverse project. And this could perhaps explain the oversubscription of all the valuable plots of land by big off-chain brands looking to set up shop in this virtual world. These include JP Morgan, Coca-Cola, Samsung, and Forever 21.

In addition to the brands, the Metaverse has also been growing its user base and community of supporters. By the end of 2021, for instance, Decentraland reported an average of 300k active monthly users. Investor interest in the altcoin has also been on a sharp uptrend as evidenced by the increased number of wallets holding MANA and the token’s rising trade volumes.

Moving forward, Decentraland is expected to onboard more users and developers. We also expect more brands to build on the platform. Decentraland further intends to enrich its NFT, play-to-earn games, Web3 programs, and general user experience by hosting virtual concerts.

All these, plus the growing investor interest in the metaverse are expected to catapult MANA token prices to unprecedented heights. This is the primary reason why we consider Decentraland the best altcoin to buy now.

Due to its popularity, close association with celebrities, traders, and crypto influencers as well as rich product offering, we expect its recovery to be swift. By 2025, optimists are confident that MANA will have appreciated by 650%+ to reach $6 and by the turn of the decade, we expect MANA price prediction to be selling for more than $40 – having appreciated by 4500%+.

>>>Buy MANA Coin Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

5. Binance Coin (BNB) – Best Exchange-Based Altcoin to Invest Right Now

Binance Coin is the utility token for the most popular and most liquid crypto exchange in the world. It is also the native token for one of the fastest-growing smart contract platforms – the Binance Smart Chain. It is currently used to settle transaction fees on both networks and has been massively adopted by speculative investors.

These factors have helped it sustain an uptrend, become a top 5 cryptocurrency, and grow its introductory price by 460000% at its peak in late 2021.

However, we feature it among the best altcoins to invest in right now because of its promising future. We observe that the Binance Smart Chain has been on a mission to expand its ecosystem. It has integrated virtually all the emerging crypto technologies – from DEXs to NFTs, meme currencies, Web3 protocols, play-to-earn gaming models, and even metaverse.

Binance has also committed to burning more BNB coins than are minted in a move that cuts down on supply against rising demand. This, plus Binance’s proven resilience, increased investor interest, a recovering crypto market, and the vibrant BNB crypto community are expected to catapult Binance coin prices to record highs. And they all explain why you too should consider adding Binance to your list of altcoins to invest today.

In the next 5 years, for instance, BNB price prediction is expected to grow by 2000% and reach $5000 before rallying further and breaking above $10000 within the next 10 years.

>>>Buy BNB Coin Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

6. Uniswap (UNI) – Best Decentralized Altcoin to Invest for Maximum Future Gains

Uniswap makes the cut for the best altcoins to invest in today because it has performed exemplarily well in the past and is expected to replicate these gains in the future. It, for instance, has not only grown into the largest and most popular decentralized exchange but is considered the second most valuable DeFi platform with more than $3.37 Billion in total value locked.

It has also shot from oblivion to onboard close to four million users who have collectively executed crypto trades worth more than $1 Trillion. It has also proven its resilience by surviving some of the most volatile market crashes and recording fast rebound rates.  

We also believe Uniswap should feature in everyone’s list of best altcoins to invest in today because of its innovativeness and dynamicity. This is evidenced by its regular upgrades – right from Uniswap V1 to the current Uniswap V3. It also makes it here because it lets its investors earn double when they stake their UNI altcoins to different liquidity pools.

If you buy UNI altcoin today, optimistic forecasters are confident that you will have grown your portfolio by 11000% at the turn of the decade when the ERC-20 token breaks above $550.

>>>Buy Uniswap Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

7. Shiba Inu (SHIB) – Best Memecoin to Invest Before Next Market Rally Kicks Off

Shiba Inu became a household name in the crypto-verse in early 2021 when its value exploded by more than 5 million percent. Since then, it has attracted a cult-like following and has established one of the most vibrant crypto communities on social media.

These have been instrumental in publicizing the meme coin, keeping it on an uptrend, and sustaining its position as the second most valuable joke currency. And this is one of the reasons why we consider SHIB the best altcoin to invest in this year.

We also believe SHIB tokens to be one of the best altcoins to invest in today because it has performed exemplarily well in the past. Moving forward, we expect SHIB to replicate the past gains and make its investors stupidly rich.

Some of the factors that we believe will help trigger value gains for the altcoin include a recovering crypto market, its explosive popularity, and in-network development on the Shiba Inu ecosystem aimed at increasing SHIB’s use cases while trimming its supply.

If you invest Shiba Inu altcoins today, the majority in the crypto market are confident the meme coin will help grow your portfolio by more than 4000% by the time the market rallies again – most likely in 2025.

>>>Buy Shiba Inu Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

8. Cosmos (ATOM) – Best Interoperability Altcoin

Cosmos seeks to solve one of the biggest challenges and biggest hurdles to global blockchain adoption – interoperability. This makes it one of the most useful crypto projects of the future and one of the best altcoins to buy and HODL.

It solves the interoperability challenge by coming up with two key features. First, it has come up with the revolutionary Interblockchain Communication (IBC) protocol that allows for sharing of data and facilitates communications between different blockchain networks. It also came up with the Cosmos software development kit that simplifies the process of creating crypto applications for developers and brands.

Both technologies have endeared Cosmos and its ATOM tokens to developers as well as on- and off-chain brands that are looking to build on the platform. And moving forward, rising adoption of blockchain technology, and demand for an interoperable cryptoverse are expected to catapult ATOM token prices to unprecedented heights – further confirming why it makes it to our list of altcoins to invest today.

By the turn of the decade, Atom price prediction is expected to have gained as much as 10000% – effectively pushing their worth well above $800.

>>>Buy Cosmos Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

9. Ripple (XRP) – Most Undervalued Altcoin to Buy Today

When Ripple launched, the majority of analysts and investors were convinced that it posed the biggest threat to Bitcoin’s dominance. Some called it the ultimate Bitcoin killer. It was quickly picked by financial institutions across the world as it promises to replace swift and revolutionize cross-border payments.

By the time it peaked in early 2018, Ripple token prices were more than 68000% above its introductory price. Then, Ripple Labs and its directors were sued by the SEC in a US federal court and the shock move sent XRP’s price to the floor.

Today, XRP is trading at a discounted price – more than 90% below its all-time high. This makes them one of the most undervalued cryptocurrencies, especially when you consider that it is only trading at this level because of the negative pressure brought about by the ongoing SEC case.

We consider XRP the best altcoin to buy for speculative investment purposes because a growing number of analysts, fintech experts, and legal minds expect the case to end soon and in Ripple’s favour.

But just how high can Ripple token prices get in the future? Well, crypto analysts are massively optimistic about XRP’s future and expect it to rally by as much as 5000% to break above $15 by the turn of the decade.

>>>Buy XRP Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

10. Aave (AAVE) – Best DeFi Altcoin to Buy at a Discounted Price

Aave is the second most popular lending platform and the fourth most valuable DeFi project with close to $3.7 Billion in total value locked. The open-sourced protocol seeks to revolutionize the global banking industry by presenting crypto traders and investors with alternative saving and lending platforms.

Launched in 2020, Aave was warmly welcomed by the crypto community in a move that saw its token prices rally by close to 1300% to set the current all-time high of $670 in May 2021.

Moving forward, we are confident that sped-up adoption of blockchain technologies, rising global inflation, high-interest rates on savings and competitive interest rates on loans, as well as Aave’s flawless are expected to draw more crypto investors/traders towards the DeFi platform. These will have the net effect of catapulting AAVE token prices to new heights – which is why we consider it the best altcoin to invest in 2023.

The majority of crypto analysts and fintech experts are confident that Aave token prices will continue rallying in the future. By the turn of the decade, optimistic analysts are confident that AAVE token prices will have rallied by more than 5000% to break above $3000.

>>>Buy Aave Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

11. Polygon (MATIC) – Cheap Altcoin to Buy and Hold Beyond 2023

Polygon is the largest scaling solution for the Ethereum network. It was designed to solve the scalability issue facing the smart contract platform. And MATIC makes it to our list of best altcoins for years later because of its hugely promising future.

It also makes it here because of its proven resilience. It, for example, hasn’t only withstood several market crashes but recently withstood the Ethereum upgrade by standing firm in the face of a more scalable and effective ETH network.

Moving into 2023, we expect MATIC token prices to recover from the current crypto winter as it has always done. And should the market turn bullish, we are confident that it can gain the 360% needed to recapture its 2021 highs before rising to a new price record.

In addition to resilience, other factors that inform our bullishness on Polygon’s future include such factors as its multi-chain feature. This says that Polygon will soon roll out its L-2 scaling solution to other blockchains, growing the use cases for its MATIC tokens exponentially. This, plus a recovering crypto market and sped-up adoption of blockchain technology, are all expected to catapult MATIC’s price to unimaginable heights.

>>>Buy Cryptos Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

12. Polkadot (DOT) – Best Altcoin for Long-Term Investing

Polkadot makes it our basket of the best altcoins to buy right now because of its resilience, solid fundamentals, and promising future. By surviving the devastating market crash in mid-2022 and rallying to a new all-time high soon after, the 12th most valuable cryptocurrency proved its resilience.

This has the majority of analysts and forecasters that it will survive the ongoing crypto meltdown and race to new heights as soon as the market turns bullish.

The majority of these analysts are convinced that a recovering market will help DOT tokens rebound and rally by the 900% needed to recapture the November 2021 highs.

The rest of Polkadot’s key features, including solid fundamentals and ongoing positive developments in the Polkadot ecosystem, are then expected to carry DOT’s uptrending price action in the future. And by the turn of the decade, analysts and forecasters are confident that DOT tokens will have rallied by more than 12000% to break above $850.

>>>Buy Cryptos Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

13. Avalanche (AVAX) – Promising Interoperability Altcoin to Buy Today

Avalanche is an equally promising Ethereum alternative and one of the best crypto to consider adding to your portfolio today. And we include it in our index of best altcoins because it has performed exemplarily well in the past and is expected to post similar gains in the future.

For example, by the time Avalanche peaked in November 2021, it was trading more than 30000% above its ICO price despite having been around for less than 18 months.

It, too, has positioned itself as the crypto of the future, given the level of development taking place in the Avalanche ecosystem. These, plus the recovering crypto market and a growing community of supporters, are expected to play the biggest role in helping fuel the AVAX token’s uptrend.

As soon as the market hints at a possible recovery – which will most likely happen in 2023, we expect AVAX to post a quick rebound. This should be enough to help the altcoin rally by the 850%+ needed to recapture its 2021 highs. And by the turn of the decade, these factors will help the 17th most valuable crypto asset rally by more than 10000% to break above $3000.

>>>Buy Cryptos Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Is Altcoin Good Investments?

The majority in the crypto community are confident that Altcoins are good investments. They have not only performed exemplarily well in the past – currently contributing close to 60% of the entire market cap – but are also expected to post incredulous gains in the future.

But they are also susceptible to several risks that have crashed some and their investors’ portfolios to zero.

Therefore, to help you decide if Altcoins are worth investing for you, we bring to your attention some of the benefits and risks associated with investing in altcoins.

Altcoins are worth buying today. While most may be as popular, liquid, or relatively stable as Bitcoin, they have a hugely promising future. They consistently posted stellar price action in the past, helping most of their investors grow their portfolios to unimaginable heights.

Moving forward, there is a lot of optimism that they will sustain their overall uptrending price action. That they will continue helping their investors grow their portfolios both in the short – and long run.

Some of the altcoins that we have listed hereinabove are grossly undervalued yet have some of the most useful blockchain technologies. And as crypto and blockchain technology rises, we will expect their use cases to explode, dragging up both the altcoin prices and your investment to new heights.

Factors To Consider When Deciding The Best Altcoin To Buy

We have already mentioned that there currently are over 23000+ cryptocurrencies in existence today. A considerable number of these have solid fundamentals, have performed exemplarily well in the past, and have a promising future. How, then, do you go about choosing the best altcoin to invest in right now from this lot?

Here are a few key factors that you ought to consider when vetting crypto assets:

1. Resilience

When vetting altcoins, you will want to only invest in one that has proven its resilience. This means that it quickly rebounds after a crash during market contraction and dips at the same level and at the same rate as the rest of the cryptos and the market.

2. Long-term ROI

Your preferred altcoin should also have a promising future. It should have performed well in the past and give a reliable indicator of sustaining this uptrend in the future.

3. Fundamentals

The fundamentals of altcoin, such as its maximum token supply and the relevance of its underlying technology, play a key role in determining its sustainability. Vet these by checking an altcoins roadmap, whitepaper, and critiques, then only go for an altcoin with the most solid fundamentals.

4. Community of supporters

It is important that your coin has a community of followers behind it, rooting for its success, popularizing it, driving up its use cases, suggesting developments/upgrades, and attracting partnerships and collaborations from both on- and off-chain brands.

5. Partnerships and collaborations

Partnerships and collaborations with both on- and off-chain brands are a true test of an altcoin and its underlying technology’s usefulness. Go for altcoins with the most meaningful collaborations and partnerships.

Where To Buy Altcoins in 2023

After learning about the best altcoins and how to find the one that fits into your investment strategy, it is important that you also understand where to buy them.

eToro – Best Place to Buy Altcoins 2023 

eToro is one of the most popular and beginner-friendly crypto exchanges. It maintains a straightforward onboarding process, only needs a minimum deposit/trading limit of $10, accepts a host of payment options, and features an intuitive interface.

It also lists all the best altcoins and provides you with both custodial and non-custodial wallets. But even more importantly, it supports copy trading that lets both beginner and expert crypto investors earn passively.

>>>Buy Cryptos Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Crypto.com – Best Exchange to Buy Altcoin

Crypto.com is also quite user-friendly and maintains an intuitive trading interface. You only need $20 to start trading crypto here, and you can deposit via a host of payment options. Additionally, Crypto.com boasts of maintaining some of the fastest order execution speeds, charges competitive rates with a discount for CRO coin stakers, and lists 200+ altcoins and their trading pairs.

Crypto.com will also provide its platform users with a free DeFi wallet. This, then, gives you access to crypto.com staking and lending protocols. Through staking, you earn interests of up to 14.5% p.a. of the invested capital. And through lending, you get to borrow crypto loans and pay them back at a highly competitive interest and at an extended period of up to 12 months.

>>>Buy Cryptos Now<<<

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Conclusion – Best Altcoins Right Now

Even when presented with such a wide collection of altcoins to choose from, finding a promising altcoin doesn’t need to be complicated. And in this guide, we have introduced you to the best altcoins on the market to buy today. We have also shown you how to vet these altcoins before adding them to your portfolio and discussed the best places to buy altcoins today.

Want to jump straight to buying any of the altcoins we have discussed above? Start by creating a crypto trader account with eToro, verify your identity, deposit a minimum of $10, identify your preferred crypto from their list of supported assets, and proceed to place a buy order. 

FAQs

What is the best altcoin to buy right now?

Throughout this guide, we have discussed the top altcoins this year. Ethereum is top of our list of the best altcoin to invest in. However, The rest of the list are all posted an overall positive uptrend and have the highest chance of breaking out and rallying upwards to record highs soon.

Which Altcoin will explode in 2023?

From our list of the best altcoins to buy, we consider Ethereum to be the most promising altcoin. It has the highest chance of growing its ecosystem and token prices exponentially over the next decade. Other top picks would include Solana, Cardano, Binance Coin, Uniswap, and Aave.

Where to invest altcoins today?

We recommend investing in altcoins with the highly reputable and deeply liquid eToro, Coinbase, or Binance exchanges.

Are altcoins worth buying today?

Yes, altcoins are worth buying today because they have proved their resilience. They have performed exemplarily well in the past, and we expect them to sustain this uptrend over the next few months and into the foreseeable future.