Best Cryptocurrency To Invest In 2023

With over 2000 types of cryptocurrency it can be overwhelming for new investors to choose which cryptocurrency to buy. It’s also important to understand how to invest in crypto because the market is always evolving.

To help you get to grips with the world of crypto these are the top cryptocurrencies based on their market capitalisation. These popular cryptocurrencies to invest in are also the most well known in the space.

Investing in Bitcoin is only the start of your investing journey. For example, with thousands of cryptocurrencies to invest in, it’s important to think about your altcoin investment strategy (any coin that is not Bitcoin.)

When you invest in the best cryptocurrency in 2022 there’s also different methods. For example what are you timeframes and goals in the space. You can have a long term crypto investment strategy or you can trade. Unless you are able to read technical analysis and on-chain metrics it’s a good idea to invest instead of trading.

When you have found the best cryptocurrency to invest in you can then start dollar cost averaging into your crypto. This means that you buy your chosen digital asset periodically. Basically, each week/month you buy a set amount, this way you are able to lower your risk from short term price swings while also accumulating more.

In our list of the best cryptocurrency to invest in you should also be aware of the overall ecosystems. For example, there are thousands of cryptocurrencies and most of them have smaller market caps than the main blockchain. However, lower market cap means more room to grow. The coins within these ecosystems help to blockchain flow and they are usually on the cutting-edge of emerging technology, we call these the crypto picks and shovels, which is also an investment strategy.

Bitcoin

The original and most widely recognized cryptocurrency, known for its high value and decentralized nature

Ethereum

A decentralized platform for smart contracts and dApps, featuring its own programming language

Top 3 Ecosystem Coins

1. Axie Infinity 
2. Aave 
3. The Sandbox

Binance Coin

The native cryptocurrency of the Binance exchange, used to facilitate trades and pay for transaction fees

Dogecoin

A cryptocurrency featuring the Shiba Inu dog from the “Doge” internet meme as its mascot, originally created as a joke but now a popular and widely traded coin

XRP

A digital asset designed to facilitate cross-border payments and transactions, with a focus on speed and scalability

Tether

A stablecoin pegged to the value of a specific asset, such as the US dollar, used to minimize the impact of price fluctuations in cryptocurrency markets

Cardano

A decentralized platform for secure and scalable applications, featuring a unique proof-of-stake consensus algorithm

Polkadot

A next-generation blockchain platform designed to enable interoperability between different networks and technologies

Litecoin

A cryptocurrency designed to be faster and more lightweight than Bitcoin, with a focus on smaller transaction fees and quicker confirmation times

Chainlink

A decentralized oracle network that allows smart contracts to access real-world data and events

Bitcoin Cash

A cryptocurrency that was created through a hard fork of Bitcoin, with a larger block size and lower fees

Solana

A fast, secure, and scalable blockchain platform designed for decentralized applications and high-throughput use cases

Uniswap

A decentralized exchange protocol that allows users to trade Ethereum-based tokens directly with each other, using a unique automated market maker model

Aave

A decentralized lending and borrowing platform that allows users to earn interest on their crypto assets or borrow against them

Monero

A privacy-focused cryptocurrency that uses advanced cryptographic techniques to obscure the details of transactions and the identities of users

TRON

A decentralized entertainment and content-sharing platform that utilizes its own blockchain and cryptocurrency

Cosmos

A decentralized network of independent, scalable, and interoperable blockchains

VeChain

A blockchain platform designed for supply chain management and traceability, with a focus on the fashion, luxury, and agricultural industries

Tezos

A decentralized platform for smart contracts and dApps, featuring a unique self-amending protocol for governance and upgrades

Neo

A decentralized platform for smart contracts and dApps, with a focus on digital identity and asset management

EOS

A decentralized platform for the development of dApps, featuring its own programming language and delegated proof-of-stake consensus algorithm

Binance Smart Chain

A decentralized finance-focused blockchain that is interoperable with the Binance Coin cryptocurrency

THETA

A decentralized video delivery network that allows users to earn rewards for sharing their bandwidth and resources

Dash

A cryptocurrency designed to offer fast and private transactions, with a focus on low fees and ease of use

Maker

A decentralized platform for creating and trading stablecoins and other cryptocurrency-based assets

Zcash

A privacy-focused cryptocurrency that uses advanced cryptographic techniques to obscure the details of transactions

Compound

A decentralized lending and borrowing platform that allows users to earn interest on their crypto assets or borrow against them

Huobi Token

The native cryptocurrency of the Huobi exchange, used to facilitate trades and pay for transaction fees

NEM

A decentralized platform for smart contracts and dApps, featuring a unique multisignature consensus algorithm

Siacoin

A decentralized storage platform that allows users to rent out their