2023 is set to be another exciting year for the cryptocurrency market, with various new crypto coins launching that could potentially disrupt industries and offer significant gains to investors. Here are the top 12 new cryptocurrencies to keep an eye on, according to experts.
1. Metacade (MCADE) – Metacade is a community hub aiming to become Web3’s number-one spot for all things play-to-earn (P2E) gaming. Its vision is to create a fun and dynamic virtual hangout where gamers, crypto fanatics, and developers come together to participate in the growing GameFi revolution. Users can read and share the latest alpha, interact with each other in real-time, and even play a direct role in shaping the GameFi industry for the better.
2. AltSignals (ASI) – AltSignals is one of the market’s leading trading signals providers, delivering some of the best signals in the game with an average accuracy of 64%. It recently launched its ASI token presale to support its next big project: the ActualizeAI algorithm, which will harness the most advanced AI technology to bring AltSignals’ average win rate above 80%.
3. Livepeer (LPT) – Livepeer is a decentralized video infrastructure protocol built on the Ethereum blockchain. It aims to provide a more cost-effective and efficient way for developers and businesses to build and operate video streaming applications. Currently, the most expensive aspect for streaming providers is covering and reformatting video so that it can be played across different devices, also known as transcoding.
4. Balancer (BAL) – Balancer is an innovative decentralized exchange (DEX) platform built on the Ethereum network. It enables the creation of customizable self-balancing weighted portfolios and liquidity pools for users to create and trade.
5. ApeCoin (APE) – ApeCoin is a community-driven crypto platform that aims to bridge the gap between users and innovative DeFi projects. It offers a suite of financial-based tools and products such as crypto market analysis, staking pools, yield farming, and liquidity pools.
6. Frax Finance (FRAX)/Frax Shares (FXS) – Frax is a stablecoin that aims to provide a more reliable and decentralized stablecoin pegged to the US dollar. Frax Shares (FXS) are the native tokens of the Frax protocol, with holders able to participate in decentralized governance.
7. AngelBlock (THOL) – AngelBlock is a decentralized platform that allows users to create, manage and trade non-fungible tokens (NFTs) without relying on centralized intermediaries.
8. CryptoGPT (GPT) – CryptoGPT is an open source quantum-resistant blockchain that is designed to resist attacks from quantum computers. It aims to provide a more secure platform for users to store and transfer their crypto assets.
9. Stepn (GMT) – Stepn is a decentralized platform that aims to improve the ride-sharing industry by enabling users to share rides in a more secure and cost-efficient way.
10. Aptos (APT) – Aptos is a decentralized ecosystem that aims to provide users with a more reliable and accessible way to access financial services such as loans, investments, and insurance.
11. Grove Coin (GRV) – Grove Coin is a decentralized platform that enables users to invest in sustainable forestry projects. Its mission is to promote sustainable forestry practices and conservation efforts while providing investors with a profitable investment option.
12. Proxy Swap (PROXY) – Proxy Swap is a decentralized platform that allows users to easily swap between different proxy-based cryptocurrencies. It aims to provide a simple and secure way for users to access a range of different proxy tokens.
In conclusion, the above are the 12 new cryptocurrencies to invest in 2023, according to experts in the field. It is worth noting that investing in cryptocurrencies can be risky, and it is recommended that one conducts their own research and consults with professional financial advisors before making any investment decisions.
