Newest Cryptocurrency to Invest in 2023
In this article, we’ll take a look at 10 of the newest cryptocurrencies that are worth your attention. From meme coins to eco-friendly projects, gaming tokens, and more, we’ll explore the pros and cons of each token and where to invest
The world of cryptocurrency is constantly evolving, with new tokens and projects emerging all the time. In 2023 investors still are looking for the next big thing in crypto. With so many new tokens hitting the market, it can be difficult to know where to invest your money.
Disclaimer. It’s important to note that investing in cryptocurrencies, including meme coins, can be highly speculative and risky, and users should do their own research and consult with a financial advisor before making any investment decisions. Additionally, users should be aware of the fees associated with buying and selling cryptocurrencies, as well as the potential tax implications. This is not a financial recommendation.
#1 Wall Street Memes (WSM)
Date of Listing: September 27th, 2023
Price: $0.000031
Market Cap: $1,648,876
Total Staked: 298,884,340 WSM
Total Supply: 100,000,000,000 WSM
Blockchain: Ethereum
Purchase Method: USDT, ETH, BNB, Credit/Debit Card
Wall Street Memes is a project that dates back to 2022 and the epic war over GameStop short-selling between r/wallstreetbets and the Wall Street giants. If nothing else, it highlighted the depth and breadth of the stock market’s corruption.
Well-known for distributing famous memes on social networks such as Twitter, the project announced its new venture into meme currencies on May 26, 2023. The initial exchange offering (IEO) of the meme currency is set for September 27, and the Pre-Sale has already garnered more than $25 million.
Wall Street Memes aims to make exchanges between meme authors and collectors easier. When a meme maker generates a meme on the platform, a smart contract is created that specifies the selling terms, such as the price, the deadline, and the scope of work. When a collector accepts the contract’s conditions, they deposit WSM into the smart contract. Once the meme has been sold, the creator gets access to the cash.
Pros
- Security: Wall Street Memes use smart contracts to facilitate transactions, which provides a high level of security.
- Transparency: All transactions on the Wall Street Memes platform are recorded on the Ethereum blockchain, which is a public ledger.
- Efficiency: Wall Street Memes uses smart contracts to automate the payment process, which reduces the time and cost of transactions.
- Equity: Wall Street Memes uses smart contracts to resolve disputes between meme creators and collectors, which ensures that disputes are resolved fairly.
Cons
- Lack of Utility and Intrinsic Value: Critics have pointed out that meme coins like WSM have little to no utility or intrinsic value, making them a risky investment.
- High Risk: Meme coins are inherently speculative and carry a high level of risk. The market can be highly speculative and can lead to severe investment losses.
- Vulnerability to Scams: There have been numerous instances where meme coins have been used for rug-pull scams and pump-and-dump schemes.
- Volatility: Cryptocurrencies are highly volatile and can experience significant price swings in a short period of time, making them high-risk investments.
- Regulatory Risks: Governments around the world are still grappling with how to regulate cryptocurrencies, which means that there is a risk of new regulations that could impact the value of cryptocurrencies.
Where to buy WSM?
The Wall Street Memes coin can be purchased during the final Pre-Sale stage. You can find the instructions for buying on the project’s official website:
#2 Launchpad XYZ (LPX)
Date of Listing: January 31st, 2024 (expected)
Price: $0.00046243
Market Cap: $53,887,312,576
Total Supply: 100,000,000,000 LPX
Blockchain: Ethereum
Purchase Method: USDT, ETH, Credit/Debit Card
Launchpad XYZ is an interactive virtual area that aims to simplify and clarify the digital financial business. It covers Pre-Sale catalogs for cryptocurrency exchanges, games, and new ventures. You will be able to store, purchase, and sell coins on the new platform. Users will be able to access decentralized apps (DApps) as well.
Launchpad XYZ (LPX) will try to simplify and make Web3 available to anyone. This consumer-focused portal will deliver insights and data on all Web3 sectors through a beautifully designed, humanized interface, making Web3 accessible to everybody.
Launchpad XYZ aims to be the heart of the next generation of Web3 users by emphasizing two basic values: independence and decentralization. The project aims to assist everyone in utilizing Web3 securely and to make sure our users get the most out of the next bull run. The project is on the stage of the Pre-Sale. So far, it has raised $1,672,907.23.
Pros
- Innovative Project: Launchpad XYZ is an innovative project that aims to provide a user-friendly platform packed with a variety of Web3-based tools.
- Strong Team: The project has a strong team with a track record in the cryptocurrency industry.
- Real-Time Market Insights: Launchpad XYZ offers real-time market insights, analytics, sentiment, and an all-in-one web 3.0 dashboard.
- Pre-Sale Discounts: Investors can purchase LPX tokens at a discounted price during the ongoing Pre-Sale.
Cons
- Lack of Information: Launchpad XYZ currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project’s potential.
- High Risk: Launchpad XYZ is a new project and carries a high level of risk.
- Dependency on Demand: The project’s success is heavily dependent on demand during Pre-Sales.
Where to buy LPX?
The only way to buy Launchpad XYZ (LPX) tokens is via the ongoing Pre-Sale, where investors can purchase LPX tokens with ETH, USDT, or a credit card. To purchase the coin, it is necessary to visit the official website at launchpad.xyz and click on the “Buy Now” button to participate in the Pre-Sale:
#3 AIDoge (AI)
Date of Listing: May 2023
Price: $0.000002094585
Market Cap: $2,085,947
Total Supply: 180,000,000,000,000,000 AI
Blockchain: Ethereum
Purchase Method: Tether, ETH, BNB, Credit/Debit Card
AiDoge is a new cryptocurrency that has received a lot of attention. This platform offers customers an AI-powered meme-generation experience that adapts to the ever-changing Bitcoin ecosystem. It makes use of powerful AI technology to generate appropriate memes based on text prompts given by the user. You may purchase credits for our AI-powered meme generator using the AiDoge cryptocurrency AI.
AiDoge’s meme generator uses cutting-edge AI algorithms trained on massive meme datasets and crypto news to generate contextually suitable memes. This guarantees that the memes are of good quality and up to date.
The project has raised $14.9 million and is presently in the Pre-Sale stage.
Pros
- Unique Concept: AiDoge is a unique project that combines AI and memes, which could make it appealing to investors who are interested in innovative projects.
- High Potential: The project’s ongoing Pre-Sale and the optimistic meme coin market predictions suggest that AiDoge has a promising future.
- Discounted Price: Investors who participate in the Pre-Sale can secure a discount and an immediate upside of up to 5%.
- Positive Intentions: The AiDoge team has positive intentions and a long-term approach, which could be a good sign for investors.
Cons
- Lack of Information: AiDoge currently provides no information about its tokenomics and more detailed project roadmap, which makes it difficult to evaluate the project’s potential.
- High Risk: Meme coins are inherently speculative and carry a high level of risk.
- Vulnerability to Scams: There have been numerous instances where meme coins have been used for rug-pull scams and pump-and-dump schemes.
Where to buy AI?
To buy AiDoge coin you need to:
- Visit the official website at aidoge.com and click on the “Buy Now” button on the homepage box.
- Connect your MetaMask or Trust wallet to the website.
- Purchase AiDoge tokens during the Pre-Sale.
#4 BTC20 (BTC20)
Date of Listing: July 2023
Price: $0.0298
Market Cap: $380,849
Total Supply: 21,000,000 BTC20
Blockchain: Ethereum
Purchase Method: USDT, ETH
BTC20 is a new cryptocurrency project that promises to produce a more adaptable version of Bitcoin that is both quicker and less expensive than the original Bitcoin network while offering a game-changing staking mechanism.
BTC20 is inspired by the early days of Bitcoin, when the price was just $1 in April 2011, with a circulating quantity of only 6.05 million coins. The project provides a fresh chance for everyone who missed out on buying Bitcoin at $1 to purchase an updated version for the lowest feasible price, as well as the possibility to stake BTC20 tokens to generate passive income.
In accordance with the Bitcoin release schedule, a number of BTC20 tokens will be issued and awarded to stakers via a confirmed staking contract with each original Bitcoin block confirmation. Following the presale, BTC20 token holders can stake their tokens for a part of the staking rewards. The more BTC20 tokens a person invests, the bigger their payouts will be. The ICO of the project will last till October 2023.
Pros
- Improved Features: BTC20 has improved features compared to the original Bitcoin network, such as faster transaction processing times and lower transaction fees.
- Eco-Friendly: BTC20 is considered an eco-friendly crypto utility token that aims to tackle the constraints of the Bitcoin network.
- PoS Rewards: BTC20 allows users to stake their tokens and earn PoS rewards.
- Successful Pre-Sale: The BTC20 Pre-Sale was successful, and the token is now listed on Uniswap.
Cons
- Lack of Information: BTC20 currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project’s potential.
- High Risk: BTC20 is a new project and carries a high level of risk.
- Dependency on Demand: The project’s success is heavily dependent on demand during Pre-Sales.
Where to buy BTC20?
To purchase BTC20 you may use the CoinBrain Trade feature. Besides that, you can also buy it on PancakeSwap. BTC20 is currently listed on Uniswap, and investors can purchase it using Ethereum. Investors can also purchase BTC20 on other decentralized exchanges (DEXs) that support ERC-20 tokens, as well as on the official website:
#5 Sponge (SPONGE)
Date of Listing: May 2023
Price: $0.0000972
Market Cap: $1,044,310,540,986
Total Supply: 40,400,000,000 SPONGE
Blockchain: Ethereum
Purchase Method: Ethereum (ETH)
Sponge is a new cryptocurrency project that is gaining popularity in the crypto industry. It is a meme currency based on the popular Spongebob Squarepants cartoon series.
Sponge Project wants to develop high-quality memes and nurture a community-driven digital asset. Sponge is intended for gaming and amusement purposes, and it may be used to buy in-game things and participate in games. Sponge has no link to the Spongebob cartoon character, despite being inspired by the series. The Sponge has had a remarkable performance in its early phases, garnering attention and favorable conjecture from crypto industry professionals.
Pros
- Eco-Friendly: Sponge is an eco-friendly cryptocurrency that aims to reduce the carbon footprint of mining by using a more efficient consensus mechanism.
- Innovative Project: Sponge is an innovative project that aims to solve a real-world problem in the cryptocurrency industry.
- Sincereness: The Sponge Project is made for joy and fun, as the developers say. And that’s it!
Cons
- Lack of Information: Sponge currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project’s potential.
- High Risk: Sponge is a new project and carries a high level of risk.
- Dependency on Demand: The project’s success is heavily dependent on demand during Pre-Sales.
Where to buy Sponge?
Sponge is listed on several centralized crypto exchanges, including Bilaxy, MEXC Global, and Bitget. Investors can purchase Sponge tokens on these exchanges using Ethereum.
Why to invest in new Cryptocurrencies?
Investors search for the best new cryptocurrencies to invest in in order to maximize possible gains. For instance, most of us missed them when Bitcoin was below $1,000 and when Ethereum was $1.
Since new cryptocurrencies haven’t yet attained mainstream adoption, early investments provide the best entry price. Especially when the company starts with a low market capitalization, this offers the potential to aim for large earnings. A new project with a low market value has a far higher chance of earning 10x or 20x as much money as Bitcoin due to the magnitude of its present market cap.
Cryptonica.news has got 5 other New Crypto Projects, which Tokens’ may be promiscious for investing in 2023. Follow the link below and find out more!
