Best Cryptos to Buy Right Now in December 2023
Keeping up with the crypto market is no easy feat with hundreds of new tokens landing on the market every week. This can make it difficult to stay on top of which coins are worth investing in and have potential. The cryptocurrency market is volatile which means that top tokens change regularly.
To help you navigate the market and find the best tokens to buy, our team of experts have spent time reviewing new crypto projects. We looked for tokens that show long-term potential, have strong utility and are currently undervalued.
In this guide, we will take a closer look at the best cryptos to buy right now. We will also discuss how to invest in the best cryptos so that you can start building your portfolio today.
Top cryptos to buy in 2023 – Our in-depth reviews
Below is an overview of the best crypto to buy in December 2023. Read each mini review and conduct your own research before making any investment decisions.
1. Bitcoin ETF – A new crypto that will track the performance of Bitcoin ETFs
Bitcoin ETF is an innovative project which offers an avenue for speculation and potential gains correlated with the SEC’s impending decision on the spot BTC ETF. Leveraging a unique token-burning mechanism tied to real-world milestones, $BTCETF emerges as an opportune investment in anticipation of Bitcoin ETF approvals.
Designed to synchronize with the imminent approval of Bitcoin ETFs, the ERC-20 token, $BTCETF, enters the market at an optimal juncture, capitalizing on the fervor surrounding its launch.
Notably, $BTCETF incorporates a rewarding staking utility and burn mechanism, positioning itself as a sustainable and legitimate DeFi platform. With a methodical burning of 5% of the total $BTCETF supply at specific milestones corresponding to Bitcoin ETF approvals, scarcity is fostered while amplifying the hype surrounding Bitcoin ETFs.
The staking feature of $BTCETF presents an APY currently in the thousands, promising substantial returns on investment for early participants. Additionally, by reducing the token’s supply, staking activities could potentially drive price surges due to heightened buying pressure.
Beyond being a mere Bitcoin alternative, $BTCETF stands out by offering a comprehensive daily news feed, delivering the latest updates and news on Bitcoin ETFs. With its distinctive attributes, $BTCETF emerges as a promising BTC alternative, attracting investors seeking to capitalize on the excitement surrounding the impending approval of Bitcoin ETFs.
Your money is at risk.
2. Bitcoin Minetrix – The best Bitcoin derivate to buy in 2023 before halving
Bitcoin mining has long been considered to be one of the most lucrative ways to earn money from crypto. However, traditional mining isn’t accessible to everyone due to the amount of computational power that it takes to mine BTC tokens. This is where Bitcoin Minetrix comes in. The new crypto project with allow anyone to earn mining rewards via cloud mining – the process of mining tokens by purchasing a stake in third-party operations.
Bitcoin Minetrix will reward users with cloud mining credits, that can be used to take part in cloud mining operations. To earn credits, users must stake $BTCMTX tokens. The process is pretty simple but very rewarding
Cloud mining isn’t new however, Bitcoin Minetrix solves many of the problems that persist in the cloud mining space such as third party cloud mining scams. Bitcoin Minetrix is an entirely decentralized platform that is built on the Ethereum blockchain, control will be given to token holders.
As well as earning rewards through staking and mining, there is a good chance that the value of BTCMTX will go up after the ongoing presale. Therefore, now is the best time to invest in Bitcoin Minetrix and start staking your tokens for passive income.
The presale event has already managed to raise almost $3 million in just a few weeks. This momentum suggests positive investor sentiment which is a sign that the project could be successful after presale. However, the success of Bitcoin Minetrix is not guaranteed and new cryptos are known for volatility.
Your money is at risk.
3. Meme Kombat – Play-to-earn meme coin project with huge potential in 2023
Memecoins did well in the bear market when most of the top cryptocurrencies were struggling. Therefore, meme coins make a good addition to any cryptocurrency portfolio. Meme Kombat is the latest meme coin project to enter the market and is positioned to be one of the most popular meme utility tokens to buy in 2023. Unlike most shitcoins, Meme Kombat offers a strong utility that encourages investors to hold their tokens – reducing the chances of a sell-off after the presale.
Meme Kombat is a play-to-earn (or bet-to-earn) project through which investors can earn income by betting on exciting meme-based battles. The results of battles in Meme Kombat will be determined by an AI algorithm, and the developers claim that this algorithm guarantees an advanced level of accuracy.
Meme Kombat is built on the Ethereum blockchain, and at the heart of it is the native token $MK – an erc20 token. The token serves as the platform’s internal cryptocurrency as well as a staking currency. 30% of the total token supply is reserved for crypto staking rewards.
Right now the presale of $MK tokens is in full swing and early investors can buy coins for a low price of only $1,667. Due to the unique design of the Meme Kombat project coupled with its meme-culture appeal, the presale is expected to sell out soon. The project has already raised over $700k and is approaching the final stages of the presale.
Your money is at risk.
4. TG.Casino – The newest online crypto casino that is regulated by Telegram
The crypto casino industry has exploded in recent years and the number of crypto casinos is increasing, but not every casino can offer a quality gaming experience. Under these circumstances, TG Casino was recently launched – the first licensed casino that operates exclusively on the Telegram platform, offering you a safe, fast and fun gaming experience.
Slots, roulette, blackjack, poker or baccarat – these are just some of the games you can play at TG Casino. You can also bet on sporting events from around the world, with access to high odds. The platform also offers attractive bonuses and promotions – more generous than in fiat online casinos.
Let’s now take a look at this casino’s native currency – $TGC. This cryptocurrency has real utility in the casino as it allows users to make instant and anonymous deposits and withdrawals using a crypto wallet. Of course, other popular cryptocurrencies are also accepted for deposits and withdrawals. However, $TGC can also be staked for daily passive rewards.
The TG.Casino project is currently in the pre-sale phase, which has three stages. The current price of the token is $0.125, and at the next stage it will increase to $0.25. This is the ideal time to invest in the project because after the pre-sale is over the price could increase.
As the first Telegram crypto casino, TG Casino is positioned to attract a lot of users. However, the success on the project relies on the popularity of the final platform. There is always a chance that the casino won’t live up to the hype which means that investing in TGC comes with significant risk.
Your money is at risk.
5. Launchpad XYZ – A deflationary web3 token that can be used to access d’Apps
Next on our list of best crypto to buy right now is Launchpad XYZ. A great way to diversify your crypto portfolio in 2023 is to invest in web3 projects. Launchpad XYZ is a brand new web3 offering that is set to be one of the biggest platforms in the space by 2025.
At its core, Launchpad XYZ is an all-in-one web3 platform built on blockchain technology that will make it easy for users to access all areas of web3. This includes metaverse offerings, play-to-earn opportunities, NFTs, cryptocurrencies, exchanges, defi wallets and much more. The main component of the platform will be the web3 portal- this is where users will be able to access various web3 products that meet their needs.
The team behind Launchpad XYZ hope to create a platform that can be used for just about everything. Through Launchpad, users can browse NFTs and crypto tokens, access crypto games, stake tokens for passive income, swap tokens, store crypto tokens and NFTs, learn how to trade digital assets and view crypto analytics and market insight to improve their trading.
The best way to buy $LPX is through the ongoing presale event. During the event, investors can buy LPX tokens for a low price. LPX is the native crypto of the Launchpad XYZ platform that will be used to access different features of Launchpad. LPX can also be used for staking, purchasing NFTs and playing crypto games. The token has a deflationary supply of 1 billion and 50% of these tokens are available during the presale. It is easy to invest in the presale event, simply connect your web3 wallet and swap ETH or USDT for LPX tokens.
Your money is at risk.
6. yPredict – Popular crypto token that can be used to subscribe to AI trading models
If you’re looking for the next best crypto with AI offerings, yPredict is a good option to consider. The financial markets are volatile and often difficult to analyze. As a result, more and more traders are turning to predictive models that offer detailed insight, trading suggestions and price indicators to help traders make better decisions.
yPredict is the first marketplace through which AI developers can sell their models to subscribers for a monthly fee. Subscribers can pick and choose which models they pay for and will be able to easily view all models that are available and filter them so that they can find the most relevant products for their trading strategy.
All models are developed by top 1% AI developers using state of the art AI and ML. Subscribers are able to vote around which models are listed and delisted from the platform, ensuring that only the most relevant models are available.
The platform is supported by the YPRED utility token. The token will be used to pay for platform subscriptions, vote in the DAO and access the marketplace. It will also be given to developers as income. Holders can stake YPRED in the staking pool for passive returns that are paid monthly.
YPRED is one of the best cryptos to buy in 2023 for investors who want to diversify their portfolio. YPRED is a utility token that is built on the Polygon-matic chain. You can purchase YPRED for an undervalued price via the ongoing presale event. There are 8 stages to the presale and the project is already in stage 7.
Your money is at risk.
7. Bitcoin – The world’s largest crypto by market cap that has bullish predictions for the end of 2023
Bitcoin is the largest crypto asset by market cap that has experienced a turbulent few years. At the time of writing, Bitcoin sits at around $30,000 which represents a huge drop from its all time high. However, many experts believe that the token is undervalued and could experience a new all-time-high of $100k very soon.
Of course, it is important to take these predictions lightly as there are many other analysts who do not believe that Bitcoin will reach this goal.
Never the less. Bitcoin stands as one of the top cryptos to buy in 2023. This is partly due to the fact that the cryptocurrency can be used as a hedge against inflation. Bitcoin is often referred to as ‘digital gold’ because its price stands against fiat currency inflation, which is known for decreasing wealth overtime.
Due to the fact that it runs on a decentralized network, Bitcoin does not experience inflation in the same way that fiat currency does. However, inflation can still effect the price of the token so it is wise to keep on top of market conditions if you choose to invest.
8. Ethereum – The native utility token of the biggest blockchain network
Ethereum (ETH) is another popular cryptocurrency to invest in 2023. ETH is the native utility token of the Ethereum blockchain network that is used to facilitate transactions, access dApps and provide liquidity to the network. ETH has a lot of use cases which makes it a strong long term cryptocurrency to invest in.
Ethereum is the second-largest crypto by market cap and tends to perform well during bull markets. Ethereum was created as a sustainable alternative to Bitcoin that offers faster transactions, lower fees and a more environmentally-friendly blockchain technology. This makes it it an appealing investment opportunity for investors who want to diversify with a strong Bitcoin competitor.
The Ethereum network recently underwent an upgrade (Ethereum 2.0) that increase transaction speeds and enhanced scalability. However this does not guarantee any upwards price movement and ETH is a volatile investment.
9. Bitcoin Cash – Bitcoin derivative that offers fast and easy payments
Bitcoin Cash was created in 2017 as an alternative to Bitcoin. The project is a peer-to-peer payments system that allows individuals to send and receive money quickly, with no third-party intervention. Traditional Bitcoin payments require a lot of power to complete which is a barrier to wider adoption. Bitcoin Cash offers a solution that could pave the way for the future of crypto payments.
Bitcoin Cash is a promising token to buy now because it has strong fundamentals, great usability and a high market cap. Some analysts believe that the token could reach $574 by the end of 2025, which would provide a return of 174%.
Furthermore, Bitcoin Cash has managed to hold its value even during the bear market. This is largely due to its use cases which ensure that the coin always has demand from traders. As a fork of the original Bitcoin, BCH has a total supply of 21 million tokens that will be issued over 120 years. The rate of issuance will slowly decline every four years to place upwards price pressure on the asset.
In 2023, over 90% of BCH tokens have been mined. It is worth noting here that BCH uses power-heavy PoW mining to approve transactions and mine new tokens. This method of mining is less efficient than the PoS mechanism that is used by ETH and other altcoins. Therefore, BCH may struggle with scalability as the crypto industry evolves.
10. GMX – A decentralized perpetual exchange with a native utility token
GMX is a perpetual decentralized exchange that offers low fees, fast transactions and leverage trading. The exchange has over 300k users and a trading volume of over $146 million at the time of writing. The DEX is supported by its native governance token, $GMX. This token can be used for governance and staking. Stakers receive rewards in $GMX, ETH, AVAX or multiplier points.
The GMX token is an inflationary asset. The number of tokens in circulation will vary depending on how many coins are vested. The predicted maximum supply stands at 13.2 million and minting over this will only occur if there is a strong need for it. Although it is not a deflationary token, coins are taken out of supply when they are vested or staked. Therefore, the more investors who lock up the tokens, the lower the circulating supply will be.
GMX is a strong token to consider in 2023. However, the token is prone to volatility and there is no guarantee that it will provide any returns.
11. Cosmos – An ‘internet blockchain’ network that provides interoperability
Cosmos is an internet blockchain network that makes it possible for anyone to build web3 systems on the chain. The network is designed to scale and interoperate which should support expansion and adoption. The network is supported by the ATOM utility token which is used to pay fees and prevent fraudulent transactions.
As well as supporting the network, ATOM can be used for crypto staking. Stakers provide security to the blockchain and are rewarded with regular payouts. The %APR of staking rewards is variable but is considered to eb quite competitive.
The Cosmos blockchain network could play a big role is the mass adoption of blockchain technology. Therefore, ATOM is considered to be a good long term crypto investment in 2023. Analysts believe that ATOM could reach a price of $20 by 2025, which would be a 225% increase from the current price. However, to see these returns, ATOM must be staked by investors to decrease the circulating supply. There is no guarantee that the value of the token will go up.
Any past performance or price predictions in no way gives indication of future success
How to buy the best digital currencies in December 2023
Bitcoin ETF is a newly launched presale which offers an avenue for speculation and potential gains correlated with the SEC’s impending decision on the spot BTC ETF.. Wondering how to add $BTCETF to your portfolio? Here is a short overview of how to buy Bitcoin ETF tokens.
- Create a compatible crypto wallet. Bitcoin ETF is currently available to buy through presale which means that you will need to create a compatible Ethereum wallet. MetaMask is the best option for desktop users and can be downloaded as a browser extension.
- Fund your wallet with ERC20 tokens. $BTCETF is an ERC20 token, which means that you will need to hold either ETH or USDT to purchase it. You can buy these tokens from a centralized exchange.
- Connect wallet to Bitcoin ETF presale. Once you have funded your wallet with tokens, the next step is to connect your wallet to the Bitcoin ETF best crypto presale. To do this, simply click ‘connect wallet’.
- Swap ETH or USDT for $BTCETF. Finally, swap ETH or USDT for Bitcoin ETF tokens. Make sure to use a secure internet connection when doing this and double check the transaction before confirming. You will be able to claim the tokens when the presale ends.
Your money is at risk.
How to find the best cryptos to invest in
The best crypto to buy right now list changes regularly depending on market conditions. Therefore, it is good to have an understanding of how to spot the best crypto investment opportunities for yourself. Here’s how to find the best crypto to invest in December 2023.
✔️ Marketing and community
You can tell a lot about the potential of a crypto coin by the way that it is spoken about (or not) in the media. Marketing and community play a huge role in whether or not a new crypto project will take off.
If a crypto has a strong community of supporters and an effective marketing campaign, it has a good chance of attracting investors. On the other hand, crypto coins that are unheard of with small communities, may struggle to gain traction in the market.
The importance of marketing and community is particularly true for meme coins, which rely on clever marketing efforts and community support to gain value. If you have to search deep into the realms of Reddit or Twitter to find any evidence of a new crypto marketing campaign or community, this is a sign that the project might struggle to attract enough investors to generate returns.
Some of the best crypto projects, such as Bitcoin ETF and Meme Kombat have huge online communities and have been featured in some of the most prominent crypto news publications. Coins that are trending attract more investors so have a better chance of becoming profitable.
Another key feature of the best cryptocurrencies is utility. This refers to whether or not the token has any relevant use cases, other than being an investment opportunity. If a crypto has utility, investors are more likely to hold it long-term so that they can use the crypto to access defi apps and other offerings. Alternatively, cryptos that lack utility are often sold as soon as a pump occurs – invest buy these coins for quick gains rather than long term potential.
From our best crypto to buy right now list, Bitcoin ETF, Meme Kombat, TG Casino, Launchpad XYZ and yPredict are all examples of tokens that have utility. Launchpad’s $LPX token, for example, can be used to access the wider web3 ecosystem which includes staking, gaming, swapping and lending. Investors who are interested in using the wb3 platform will be encouraged to hold their $LPX tokens, despite market conditions.
✔️ Deflationary supply
The cryptocurrency market works just like any other financial market. When there is high demand and low supply, the price of a coin will go up. When there is low demand and high supply, the price will go down. Therefore, the best cryptos to buy in 2023 have a deflationary supply, which means that the number of tokens in circulation will decrease over time.
The most common method of removing tokens from circulation is called burning. This involves moving tokens to an anonymous wallet address that no one has access to. Another way that some projects decrease the supply overtime is by locking up tokens in staking pools. For example, Meme Kombat encourages holders to stake their tokens for interest. When tokens are staked, they cannot be sold or swapped. The more investors stake, the more $MK will grow.
✔️ Clear roadmap
Another way to tell whether or not a coin has best crypto potential is to look at the project roadmap. The top cryptocurrencies to buy have a clear roadmap with growth strategies and room for development. If a new crypto project does not have a roadmap, this could be a sign that the token will disappear after the ICO.
Your money is at risk
Right now, the best cryptocurrency to buy is Bitcoin ETF. We have put the token at the top of our list because it has unique utility, a deflationary supply and excellent community support.
Other top cryptos to buy now include Meme Kombat, Bitcoin BSC and TG Casino. It is clear that bitcoin derivatives are a best buy in the current market with 2 of our top spaces being taken by the bitcoin-inspired projects. These coins are an excellent way to diversify a crypto portfolio with long term investments. The main reason that Bitcoin derivatives are popular right now is the upcoming Bitcoin halving event, that will see the circulation of BTC decrease by 50%.
Before investing in any cryptocurrencies, make sure to conduct research and analysis. There is not guarantee that you will make money by investing in the best cryptos.
Your money is at risk.
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