With the cryptocurrency markets still in an uncertain position, many crypto investors are wondering if it’s time to sell in order to avoid further losses or if the market is going to recover soon.
Even though the crypto markets have so far always recovered from their bearish periods, every bear market has its “casualties” that never make a strong recovery. Therefore, it’s important to choose quality crypto projects that have a good chance of surviving the bear market and thriving in the future.
We’ve analyzed 200 of the top cryptocurrencies based on their liquidity and availability, technology, sector leadership, tokenomics and more key factors.
By doing so, we’ve narrowed the list down to 12 cryptocurrencies that present the most compelling opportunities at the moment. The top three coins on our list are updated weekly to reflect the most up-to-date developments in the crypto and blockchain sector. Here's our roundup of the best cryptocurrency to invest in 2023:
Shiba Inu - Meme coin on the Ethereum blockchain
Aptos - A scalable smart contracts platform implementing the Move programming language
Ethereum - The leading blockchain for smart contracts
Bitcoin - Decentralized peer-to-peer cryptocurrency
BNB - A popular cryptocurrency utilized in the Binance ecosystem
Uniswap - A project with multiple Ethereum scalability solutions
Cosmos - The leading decentralized storage project
GMX - A decentralized crypto derivatives exchange
Mina Protocol - An extremely lightweight blockchain
Stellar - Cryptocurrency for fast and efficient asset transfers
Litecoin - A cheaper and faster alternative to Bitcoin
Worldcoin - A cryptocurrency project implementing proof-of-personhood
What is the best crypto to buy now is mostly dependent on your own individual risk profile and investment goals. If you are interested in cryptocurrencies that have long-term potential, then staples like BTC and ETH are probably the right choice for you.
If your risk appetite is greater, you can try to pursue investments in cryptos under 1 cent or participate in the latest crypto presales if you are feeling especially frisky.
In any case, please keep in mind that the cryptocurrency market is highly volatile and that investing in cryptocurrency is subject to considerable risk. Always do your research and consider your financial situation before making any investment, and never invest more than you are willing to lose.