Investing in crypto ahead of the next bull market? Wise decision! The crypto markets are filled with highly promising technological developments that have their own native assets available to buy. This can produce massive investment returns when the right projects are picked out during their early stages.
To help investors make an informed decision while choosing the best new cryptocurrencies to buy in 2023, experts have compiled a list of the six top choices. Read on to the very end to find out which of these new cryptocurrencies has the greatest potential for growth.
List of the best new cryptocurrencies in 2023
The best new cryptos to buy range from brand-new token releases to established projects that have recently launched new developments. Investing in each of these projects comes with its own set of perks.
In fact, a crypto portfolio that holds each of these tokens to varying degrees would be expected to see massive investment returns while minimizing any risks associated with buying.
With that in mind, here is the best new cryptocurrency investment portfolio that should perform extremely well in 2023 and beyond:
- Shiba Memu (SHMU)
- Chancer (CHANCER)
- AltSignals (ASI)
- Optimism (OP)
- Aptos (APT)
- Ethereum (ETH)
1. Shiba Memu (SHMU) — An AI-powered meme coin that could take the bone and shake the status quo
Shiba Memu is a brand new crypto meme coin that offers more than just the average. Like others, community is at the heart of the Shiba Memu project. However, Shiba Memu also uses an advanced AI protocol that will automatically promote the native token across social media forums.
Shiba Memu’s artificial intelligence protocol will execute marketing tricks and become the project’s very own ‘barketing’ manager. These tricks will include connecting with investors in online forums, sharing insightful comments about the current state of the industry, and developing full marketing campaigns from the ground up.
Shiba Memu will create its own PR messaging and social media posts and respond to comments that are made about it online. It is being integrated with natural language processing and image recognition technology, which helps it to analyze market sentiment and the latest crypto trends.
As a new crypto listing for 2023, Shiba Memu offers immense potential for growth. Not only does the project leverage the ever-growing appetite for meme coins among crypto investors, but its cutting-edge AI really makes it stand apart from its competitors.
How does SHMU work?
Shiba Memu will have an artificial intelligence dashboard that offers complete visibility into the workings of the algorithm. Members of the Shiba Memu community can also engage in direct conversation with Shiba Memu via the dashboard, where they can ask complex questions and receive informative responses back from the best-behaved boy in Web3.
The AI chatbot developed by Shiba Memu functions like ChatGPT, owing to the advanced natural language processing (NLP) mechanism being used. Before offering logical insights in response to user prompts, Shiba Memu will analyze vast amounts of data gathered from the internet in an instant.
Not only can Shiba Memu respond to questions with accurate answers, but it will also remember the names of the people it’s speaking to and take marketing suggestions on board. It uses a machine learning technology that enables it to constantly improve its marketing strategies based on previous successes, which could make it increasingly effective over time.
How to buy SHMU?
It is thought that Shiba Memu’s automatic marketing efforts will make it one of the best newly launched cryptocurrencies available in 2023 and beyond. Since the beginning of the presale, SHMU has already won the hearts and minds of many financial backers, resulting in $2.2m being raised in just 8 weeks time.
The SHMU token is still available during the presale, but time is fast running out. The native token is rising by $0.000225 every single day for 60 days until it reaches its final presale price level of $0.0244 on 1st September 2023. Early backers need to be quick to buy SHMU at the current discount before it’s launched on exchanges.
Will SHMU reach $0.75 in 2025?
A cutting-edge machine learning system that can automatically advertise a new meme coin project could drive exponential value increases for SHMU over time. Coupled with deflationary tokenomics, Shiba Memu looks set to become one of the best new cryptocurrencies of 2023.
Experts are predicting that the price of SHMU will rise by a factor of fifty before 2025. This would take the value of each SHMU token to more than $1.20 — a massive percentage increase that makes the ongoing crypto presale a no-brainer addition to an investment portfolio.
What are the risks of investing in SHMU?
Meme coins are inherently volatile due to their speculative nature — even more so than other new cryptocurrencies. This means that all early backers of SHMU can expect some rapid price fluctuations once it’s released on the free market.
When buying early or buying during a major dip, massive price volatility is likely to produce a profit. However, when buying at the top of major price increases, investors can see rapid declines in value. This is an inherent risk to investing in cryptocurrencies, generally speaking, and it is even more pronounced when buying meme coins such as Shiba Memu.
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2. Chancer (CHANCER) — The world’s first decentralized prediction market
Chancer has quickly become one of the most exciting new cryptocurrency releases of 2023. The project introduces brand new online betting features to the world of Web3, including the ability to create completely custom bet slips on any real-world outcome — from a pool tournament at the local bar to the Premier League action on the weekend.
Chancer is the first decentralized predictions market in the world, and as such, it has enormous potential to disrupt the online betting industry as a whole. Chancer utilizes blockchain technology to provide a fully peer-to-peer (P2P) betting market that is independent of any centralized bookmaker.
Instead of relying on a centralized party to create betting markets and set odds for outcomes, Chancer gives more power over the betting experience back to the users. The P2P market unlocks unlimited opportunities for placing bets, with better odds than can be found at any alternative betting platform.
For people who have placed wagers against their friends in the past, Chancer offers a way to make fully functional bet slips that pay out cryptocurrency prizes.
Adam and Paul Kelbie, the two brothers who founded the company, have always had an interest in betting against each other. They realized that blockchain technology offered a mechanism to settle custom bets and created Chancer as a way to make the dream a reality.
After a strong performance during the early stages of its presale, Chancer now has the potential to become the go-to solution for Web3 bettors. It offers more markets, better odds, and instant crypto payouts, which has led to more than $1 million being raised in the opening stages of the new crypto presale.
How does CHANCER work?
The native CHANCER token will be used to make and settle all bets on the new crypto betting platform. The platform, which is based on BNB Chain, uses smart contracts to place crypto assets securely in escrow before carrying out automatic payouts to winners.
Since Chancer doesn’t rely on centralized intermediaries to process transactions, bettors will get their profits instantly into their crypto wallets. There’ll be no more waiting around for 24 hours to receive a payout in the decentralized predictions market.
Chancer is fully compliant with international regulations and will use impartial moderators to check that user-created odds have a realistic chance of coming in. This helps to protect all users from counterparty risks associated with trading in a P2P market.
Chancer will also be coupled with a real-time communications system that connects bettors from all over the world. Google’s RTC will make it even simpler for bettors to place customized bets and settle the score, enabling live stream chats during major global events that unlock fast real-time bets.
How to buy CHANCER?
The native CHANCER token can be purchased during stage 2 of the presale for the price of $0.011, although this low price won’t last for very long. The price of CHANCER is steadily increasing until it reaches $0.021 during the final stage of the presale, which will be the last price level before the new crypto token gets listed on Bitmart exchange and others yet to be announced.
Will CHANCER reach $1 in 2025?
The value of the native CHANCER cryptocurrency is expected to explode in the years ahead, according to industry experts. The value of the online gambling market is projected to reach $150 billion by the year 2030, and thanks to Chancer’s unique solution within the industry, it could carve out a significant market share.
Experts are therefore predicting that the price of CHANCER will reach $1.15 by the year 2025. This is a 50x price rise from the end of the new crypto presale, providing a mouth-watering prospect for each early backer of the platform.
What are the risks of investing in CHANCER?
Since Chancer aims to disrupt the online betting industry with new blockchain features, the project needs to ensure that it is fully compliant with international regulations. Each national jurisdiction has different laws for crypto and different laws for gambling, which means that Chancer has a two-pronged problem when it comes to getting the green light from regulators.
Regardless, Chancer has demonstrated a willingness to comply with different regulations in different countries. For example, users in certain jurisdictions will not be able to use the platform, as with other leading Web3 betting sites.
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3. AltSignals (ASI) — Institutional-grade trading tools for retail traders in the crypto markets
AltSignals is a leading online trading platform that equips traders of all experience levels with the tools to maximize their profits in the crypto market. The platform was first founded in 2017 and has since fostered a thriving community of over 50,000 crypto enthusiasts by releasing industry-grade algorithmic trading tools, including its proprietary indicator, AltAlgo™.
The AltAlgo™ indicator has a track record for success, achieving an accuracy rate of 60% for Binance Futures and providing 10,000% total returns in 19 separate months. AltSignals is now developing a brand new trading stack that is powered by artificial intelligence, which is expected to further boost the accuracy rate of algorithmic trading indicators to more than 80%.
ActualizeAI is a cutting-edge trading stack, the likes of which are used by institutional traders. It uses natural language processing (NLP) to analyze investor sentiment, as well as predictive modeling to forecast price action more accurately and more frequently than older iterations of the toolkit.
For its users, ActualizeAI will run in the background after being linked to any crypto market pair. It will provide instant buy or sell signals in real-time, providing a comprehensive, managed trading strategy that can help even the newest crypto traders to make consistent profits.
How does ASI work?
ActualizeAI is now available to users who possess ASI tokens, and users who own 50,000 ASI or more will have lifetime access to this artificial intelligence trading stack.
ActualizeAI is responsible for adding machine learning capabilities to AltSignals’ trading tools. These capabilities are achieved through the utilization of natural language processing and predictive modeling. It does this by analyzing huge amounts of market data, which enables it to provide users with trading opportunities that are reliable, consistent, and accurate.
The goal of AltSignals is to provide assistance to traders so that they can make regular gains in the cryptocurrency market. In addition to the launch of a new native coin and the introduction of an AI-powered trading stack, AltSignals is launching an exclusive members-only club for AI.
This network connects users to emerging cryptocurrency initiatives when those projects are in their earliest stages, providing opportunities for investment in the form of presales and private sales. Members of the AI Members Club get the opportunity to sample newly developed trading tools before they are made public, and the club also holds online trading competitions in which winners receive large amounts of cryptocurrency as rewards.
How to buy ASI?
During the new crypto presale, the ASI token can be purchased via the AltSignals platform by either swapping crypto or fiat currencies. ASI is available at the current price of $0.01875, which is scheduled to rise gradually to $0.02274 ahead of its launch on digital asset exchanges later in the year.
Will ASI reach $0.50 in 2025?
Due to the deflationary tokenomics of ASI, industry experts are expecting to see some sizable gains for the new cryptocurrency launch of AltSignals. The platform looks set to attract significant backing from crypto traders, as its AI-powered trading stack could generate consistent profits for its users.
Deflationary tokenomics, coupled with expected increases in demand, will push the price of the new crypto upwards by default. With that in mind, the 2025 price projection for ASI is more than $0.50, with optimistic targets estimating that $0.70 is a genuine possibility.
What are the risks of investing in ASI?
AltSignals provides a useful solution to a common problem for new investors — that is, that it can be difficult to forecast market movements. However, AltSignals is competing against industry-grade algorithmic indicators that aren’t powered by a native token, which means that the new cryptocurrency ASI may struggle to find its target market in the most effective way.
>>> You can find more information, including how to buy ASI, here <<<
4. Optimism (OP) — A leading scalability solution for Ethereum
Optimism, known by its ticker symbol OP, is a layer-2 solution for Ethereum that allows for faster and cheaper transactions. The technology used by OP aims to improve the scalability and efficiency of the Ethereum blockchain by rolling up transactions into a bundle before sending them to Ethereum mainnet to be confirmed.
This process boosts transaction throughput on the Optimism blockchain when compared with Ethereum mainnet without sacrificing any of the underlying security measures gained from Ethereum’s decentralized network. To compare, Optimism can process up to 20,000 transactions per second (TPS), while Ethereum only processes 15 TPS.
Optimism presents a promising solution to alleviate the challenges of network congestion and high gas fees. Ethereum has the most dApps, with most smart contracts being made using Ethereum Virtual Machine, but it can cost users over $100 to process a single transaction. These problems have been highlighted as key stumbling blocks when it comes to achieving global adoption.
OP was released as a permanent, long-term solution to Ethereum’s scaling problems. Most other layer-2 scalability solutions compromise on decentralization in order to achieve scalability, while OP will become increasingly decentralized over time. This helps to protect the Optimism network from malicious activity while it improves blockchain speeds and transaction fees.
How does OP work?
Optimism uses optimistic rollups to minimize strain on the Ethereum blockchain. By offloading most of the transaction processing to off-chain processing, optimistic rollups can greatly reduce the load on the main chain, leading to shorter block times and lower fees.
Optimistic rollup solutions such as those used by Optimism are expected to foster the growth of decentralized finance (DeFi). Optimism could allow for more complex applications to be built on Ethereum that can support more functions and more users, ushering in a new era for decentralized application development that can support a similar level of usership as Web2 alternatives.
Why buy OP?
Since The Merge took place on Ethereum Mainnet, there is a widespread consensus that layer-2 networks within the Ethereum ecosystem will play an increasingly crucial role. Despite Ethereum no longer relying on proof-of-work, where block miners need lucrative rewards to offset the cost of running nodes, ETH’s high gas prices have remained as a security feature.
Layer-2 blockchains, such as Optimism, are fast becoming essential components of the Ethereum ecosystem, mitigating the effects of high gas fees and enhancing the user experience. Optimism, in particular, is a high-performance blockchain network that, unlike any other Ethereum layer-2, does not make any concessions with regard to decentralization. This sets it apart from alternative layer-2s.
Will OP reach $30 in 2025?
Price analysts are expecting that OP will post major gains between now and the next bull market. The new crypto token, after initially being released during an airdrop in 2022, has a consistent daily trading volume of more than $100 million. The current market cap is much lower than the leading layer-2, MATIC, and it’s expected to close that gap over time.
For OP to reach the same market cap level as MATIC during its peak in 2021, it will need to rise to $33 at the current circulating supply. This is a reasonable price prediction for OP, with higher price targets expected, barring any major supply shocks caused by scheduled token unlocks.
What are the risks of investing in OP?
OP has proven to be highly volatile during its early stages. Despite forming a new all-time high earlier in 2023, OP quickly retraced by 72% and rose again by more than 50%. While this level of volatility is desired by talented traders, it can be a risk for value investors who seek to gain a consistent return.
5. Aptos (APT) — Enterprise-grade blockchain solutions and highly versatile dApps
Aptos (APT) is a blockchain-based solution that makes it possible to develop enterprise-grade dApps for a variety of different fields. Aptos’ capacity to provide assistance for large-scale organizations is one of its primary benefits, supporting a novel programming language known as Move, which provides more functions and more precise smart contract development.
Aptos has become a leading option for businesses that are interested in migrating operations to decentralized technology. It provides enhanced security features and a range of functions that unlock fast, cheap, and versatile financial services. As a new cryptocurrency launch, APT has the potential to rival some of the biggest tokens in the space.
Aptos offers direct and transparent payments, in contrast to traditional payment methods, which frequently include middlemen and charge excessive costs. This paves the way for corporate settlements to take place more quickly and conveniently, with international money transfers being supported by default.
The transparency of the Aptos network also helps to increase trust and reduces the likelihood of fraudulent activity. Because of this, developers who are interested in launching on-chain services have found it to be a reliable platform.
What makes APT unique?
APT, like Solana before it, offers a next-generation blockchain solution that seeks to solve key drawbacks with older iterations of the technology. Aptos’ comparison with Solana is apt, as each network unlocks rapid block finality and more complex smart contracts than any alternative blockchain.
However, what sets APT apart from SOL is the network’s in-built security features and more reliable infrastructure. Solana went down several times during its first few years, ceasing transaction processing completely for a short period of time. Bitcoin, Ethereum, Cardano, and other leading layer-1s, have never gone down at all.
Since Aptos can deliver a similar degree of reliability as other layer-1 chains while also vastly improving transaction throughput and the complexity of smart contracts, it has immense potential for future growth. As one of the newest cryptocurrency releases around, it’s expected to perform well from the current price level.
How to buy APT?
APT can be purchased at the current market price on leading crypto exchanges such as Binance, Coinbase, Bybit, Bitget, and many more. It can also be bought on DEXs that are native to the Aptos ecosystem.
Will APT reach $100 in 2025?
From its initial coin offering in October 2022 to its all-time high in January 2023, the value of APT increased by more than 20x. Since then, the token has retraced most of the way and looks ready to retest its recent lows. APT is expected to breach the $100 mark during the next crypto bull market, as its total market cap could rival other leading layer-1 chains such as SOL and ADA.
For APT to reach the same market cap as SOL did during its peak in 2021, it would need to reach a price level above $340. However, this is liable to change if there are any supply shocks caused by token unlocks between now and the next bull market. Experts are forecasting that APT will reach at least $100 before 2025.
What are the risks of investing in APT?
APT is strongly backed by venture capitalists and has major token unlocks scheduled for the future. There are currently just 21% of the total APT supply in circulation, with most of the remaining coins being owned by a small number of individuals who will gain access to them at a later date.
Major token unlocks can produce supply shocks as VCs sell at a profit, as they own a far higher percentage of tokens than the majority of holders. These tokens are often sold price agnostically, which can cause reductions in value during token unlock periods. With that in mind, it’s important to always do thorough market research before investing in any crypto asset and to plan investment strategies accordingly.
6. Ethereum (ETH) — The biggest Web3 ecosystem by total users and market cap
Ethereum, commonly abbreviated as ETH, is a distributed blockchain platform that, unlike other platforms, does not require the participation of a central authority to process transactions. The network was the first Turing complete blockchain, which means that it supports the development of smart contracts and the creation of decentralized applications.
Vitalik Buterin, alongside a talented founding team, launched Ethereum in 2015. Since then, it has grown to become the second most valuable cryptocurrency in terms of market cap. The ability for developers to create their own blockchain-based applications is the primary reason why Ethereum has become so widely used. It unlocks any conceivable use case for a distributed ledger, which has led to blockchain disrupting several global industries beyond finance, including gaming and digital media.
Before The Merge took place in October 2022, ETH was mined using a proof-of-work protocol that was based on Bitcoin’s Nakamoto Consensus. Since The Merge, Ethereum has become a proof-of-stake blockchain, which vastly reduces its energy expenditure and helps to make the blockchain more scalable.
In the past, Ethereum’s energy expenditure was nearly on par with the country of Switzerland. Ethereum has retained its underlying security features and level of decentralization, and an increasing number of high-performance layer-2 networks have been developed to reduce network congestion and improve the user experience.
On balance, the Ethereum network continues to go from strength to strength, and while it’s not exactly a new cryptocurrency launch, its latest developments have changed the way that it operates on the most fundamental level. With that in mind, Ethereum is now almost like a new cryptocurrency, except it has retained its widespread user base and multi-billion-dollar value.
What makes ETH unique?
Ethereum’s capacity to support user-generated tokens and dApps has long made it stand out in the world of Web3. However, with newer blockchains now performing many of the same functions, ETH has become less and less unique as a technology.
Regardless, Ethereum remains the largest ecosystem of decentralized applications and the second-largest crypto by market cap. It has the highest total value locked (TVL) of any blockchain network, meaning that more money is stored on the decentralized ledger than any other Turing complete blockchain.
Ethereum-based dApps continue to attract more users and more investment than any alternative layer-1. Rollbit (RLB), for example, was initially launched on Solana. Since migrating to Ethereum, the platform’s native token has grown in value by 100x. This reflects the sheer number of users and financial value that has been locked into the Ethereum ecosystem.
How to buy ETH?
ETH can be purchased at the current market price of $1829 on leading cryptocurrency exchanges. It has also been included in leading crypto ETFs and can be traded freely on some of the most-used DEXs in the world without going through KYC verification.
Will ETH reach $10,000 in 2025?
ETH reached its all-time high during the 2021 bull market, climbing to $4868 and firmly becoming the second-most-valuable crypto by market cap. After recent developments, including The Merge and the Shanghai Upgrade, ETH is expected to retain its value and continue to climb upwards.
A new all-time high for ETH is a possibility in 2025. This would likely take it into price discovery, with a higher price target being between $10,000 and $12,000.
What are the risks of investing in ETH?
ETH’s new proof-of-stake consensus protocol brought in new changes to the tokenomics. Instead of having a fixed total supply, ETH now has a mint/burn mechanism that causes a variable supply. This means that, in certain conditions, ETH becomes inflationary rather than deflationary.
It remains to be seen whether this will impact the total ETH supply to any meaningful degree. On the one hand, it could raise the total supply and reduce each token’s value, or it could reduce the total supply and increase scarcity. Regardless, a variable total supply possesses a new risk to investor value that isn’t present in other cryptocurrencies.
How we chose the best new cryptocurrency releases
Long term utility
Each of the projects on this list is a new cryptocurrency project that has in-built utility. And with utility comes users. The more users a new crypto project can attract, the higher the price will rise because most cryptocurrencies have deflationary tokenomics. With that in mind, it’s important to always consider how much utility a crypto asset has and how big the market is for using that kind of product.
To use Ethereum as an example, ETH is used for gas fees on the largest network of dApps in the world. The market for dApps, including DeFi, NFTs, and GameFi, is massive, and the total number of use cases supported by ETH is constantly growing. As a result, the total number of people in the world who might be interested in buying ETH is much higher than most other crypto assets. This is a key reason why it’s the second-largest crypto by market cap.
Underrated prices
It’s important to look at key indicators that suggest a project is undervalued. Looking at price action is often not enough — a project that has fallen 99% can still fall a further 99%. Instead, it’s best to look at the use case and the tech stack and compare a project’s market cap with its competitors.
For example, Aptos’ main competitor for enterprise-grade blockchain services is Solana. SOL reached a market cap of $78 billion in 2021, which means that APT has a similar level of potential. For now, the APT market cap is $1.46 billion, so it has major room for growth.
What are the main things to consider when investing in cryptocurrency?
Risk Tolerance
Investors should always consider their personal risk tolerance and tailor a crypto-specific investment strategy to their needs. For example, some investors may be financially independent, and can therefore afford to take more risk. However, for people who rely on the money that they have invested in digital assets, stable and consistent returns may be more beneficial. Since crypto is inherently volatile, investors are encouraged to never invest more than they are willing to lose.
Security and regulation
Regulations have typically failed to keep pace with the rapid evolution of the digital asset class, which has led to a range of responses from centralized governance teams. Since crypto bypasses centralized intermediaries, many regulators, including the USA, have taken a harsh stance. Others, including Dubai and Hong Kong, have taken a more welcoming approach to blockchain innovation.
It’s important for investors to know which jurisdictions are open to supporting crypto investment if they want to buy tokens. Some jurisdictions, for example, can tax up to 40% of all capital gains, while others let traders keep 100% of their income. This means that two traders buying the same asset at the same price level will have different returns in real terms.
Conclusion: What is the best new crypto launch in 2023?
Two of the best new crypto releases of 2023 are Chancer (CHANCER) and Shiba Memu (SHMU). Chancer revolutionizes the online betting industry by enabling users to create and settle their own custom bet slips on any real-world outcome. The CHANCER token is integral to this process, which gives it a high potential to attract demand.
Shiba Memu, meanwhile, offers a highly disruptive alternative to the meme coin status quo. It is thought that SHMU has the potential to flip DOGE and SHIB over the coming years, as its automatic marketing protocol could drive price appreciation long into the future.
Source: https://www.analyticsinsight.net/new-cryptocurrency-alert-why-these-6-are-considered-the-best-new-cryptos-to-buy-now/