Our analysts best cryptocurrencies to invest in 2023. From top coins like Bitcoin (BTC) to meme coins such as Dogecoin (DOGE), it’s hard to choose the best one.
To help you get started, here are some top cryptocurrencies in terms of market capitalization and long-term profitability.
There’s also one coin – The Hideaways – which has just launched its presale that we think could make the top 20 crypto market cap in 2023.
Bitcoin – The No. 1 Coin As Always
Bitcoin (BTC) is the first-ever cryptocurrency, created in 2009 by Satoshi Nakamoto.
BTC, like most cryptocurrencies, operates using blockchain technology. Using a proof of work (PoW), Bitcoin is kept private and safe from swindlers since the coin must be verified through cryptography. Investing in $BTC is a sure-fire way to stabilize your crypto portfolio.
As Bitcoin has grown in popularity, its value has skyrocketed. In May 2016, you can buy BTC for around $425. With a market cap of $392.41 billion, you can buy BTC for $20,406.40 today.
Ethereum–Best Crypto For HODL-ing
Ethereum (ETH) is one of the best cryptos to invest in 2022, with a market cap of $193.17 billion. It’s an accessible network that uses smart contracts to enable developers to select various DApps (decentralized applications), NFTs, and other crypto-related protocols.
The network is expected to undergo an ‘ETH 2.0’ upgrade to reduce transaction fees and solve energy performance issues. Ethereum may be the most energy-efficient cryptocurrency to purchase in 2022. The coin is currently auctioned at $1,546.
Binance Coin–Most Used Coin For Crypto Exchange
The Binance Coin (BNB) is a type of cryptocurrency used to trade and make payments on Binance, one of the world’s largest cryptocurrency exchanges.
With a market cap of over $50 billion, BNB is currently trading at $316.28. Binance Coin has grown beyond simply facilitating trades on Binance’s exchange platform.
Using BNB for trading, payment processing, and even booking tour packages is now possible. You can also exchange or trade BNB for other cryptocurrencies, such as Ethereum or Bitcoin.
Polygon–Top Crypto For Long-Term Investment
MATIC (Polygon) is an excellent long-term investment. Polygon is an open-source, permissionless platform built on Ethereum to provide scalability.
MATIC is critical in directing on-chain transactions and resolving transactions between various stakeholders. The token has surged from $0.0035 in 2019 to an all-time high of $2.92 in 2021.
Polygon is among the best cryptocurrencies for 2022, with a market cap of $624 million and a current price of $0.8493.
Best Cryptocurrency To Invest In 2023: The Hideaways
The Hideaways (HDWY) is the best choice for earning a passive income and a 90% yield in USDT and ETH.
The small market cap of HDWY gives you a great opportunity to capitalize on the token’s growth projections in 2023.
Analysts expect The Hideaways (HDWY) to increase by about 9000% by 2023, providing investors with a once-in-a-lifetime opportunity. It is also verified by the reputable crypto security auditing firm SolidProof, ensuring the project’s financial stability.
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*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.