Best Crypto to Buy Now

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17 Jan 2024
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In today’s digital age, an increasing number of individuals and businesses are diving into the digital asset economy, prompting many to ask, “what crypto should I buy?” The surge in cryptocurrency investments has become a mainstream trend. With a plethora of options available and prices that can swing dramatically, pinpointing the best value can be a challenge. But worry not, we’re here to guide you through the intricate realm of digital assets and highlight which cryptocurrencies hold significant promise given the current market values.
Read on for our top picks of the best crypto to buy now!
This article does not constitute investment advice. Before making a decision to invest in a crypto project (especially the new ones which haven’t had a chance to prove themselves), we urge you to do your due diligence: look through the official pages of the project, explore some reliable information resources, read independent reviews of the project, and of course, never invest more than you can afford to lose.

What Is Cryptocurrency?

Cryptocurrency is a form of digital money that gives users control over their own finances. It is not tied to a central bank or government and enables secure and anonymous transactions that don’t require a middleman.

Cryptocurrency works by using advanced encryption technologies that allow it to exist in its own network of computers. These computers work together to verify each transaction conducted with extra layers of security and anonymity. Since it’s completely virtual, there is no physical money exchanged, which means you can make purchases with cryptocurrency wherever it’s accepted as payment.
With more people beginning to rely on digital forms of payment, cryptocurrency could be the new standard in our ever-changing world economy.

Best Cryptocurrency to Buy in 2023

2022 was a rough year for the crypto market. The market valuation of the sector has fallen by two-thirds, and most currencies have lost between 70% and 90% of their peak prices.
However, these turbulent times also offer a great opportunity to expand your cryptocurrency investment portfolio. The cryptocurrency markets are at levels they haven’t seen in years, making the greatest crypto assets available at exceptionally low prices.
In this part, we outline our top picks for the best cryptos to invest in now and discuss their advantages. So, do you wanna get ready for the next crypto market rally? Let’s get going!

Maker (MKR)

What is Maker?

In essence, MakerDAO is a DeFi giant and a decentralized peer-to-peer organization that focuses on creating technology to make it easier to store, borrow, and lend money.

How does Maker work?

MakerDAO provides depositors with the opportunity to earn interest on DAI stored in the DAO’s bank. Dai tokens are held in a DSR (DAI Savings Rate) contract and continue to yield Dai based on the DSR interest rate.

Reasons why you should buy MKR

MakerDAO is stepping into the competitive arena with the introduction of Spark Lend, poised to rival Aave, a leading decentralized finance (DeFi) platform on Ethereum. As per a recent announcement on the MakerDAO forum, Spark Lend is set to debut as the inaugural product of Spark Protocol, which is derived from Aave’s version 3 (v3). This service will present a user-friendly interface, facilitating interactions with DAI (a stablecoin pioneered by the Maker Foundation) for activities like borrowing, lending, and staking. This development has already given a boost to the token’s market value. If Spark Lend’s launch garners positive traction, it could significantly bolster the MakerDAO token (MKR) value. For those looking to invest in crypto, such evolving landscapes and innovations offer intriguing opportunities to consider.

Quant (QNT)

With its interoperability features, Quant (QNT) is capturing the attention of many investors, making it one of the best crypto to buy for those interested in the future of blockchain technology.

What is Quant (QNT)?

Quant (QNT) is a revolutionary blockchain technology that connects different blockchain systems, allowing them to operate together. Quant’s primary product — Overledger — was launched in 2018. It is a blockchain operating system designed to facilitate the development of multi-chain applications (MApps).

How does Quant work?

Quant’s Overledger creates a unique network layer that enables communication across different blockchains, essentially acting as an operating system for blockchains. This approach allows developers to build applications on top of multiple blockchains simultaneously, leveraging the strengths of each while bypassing their limitations.

Reasons why you should buy Quant (QNT)

Quant’s vision is anchored in its capacity to bridge the gaps between diverse blockchains, a pivotal step for achieving broad blockchain integration. Through its platform, Overledger, developers are empowered to craft cutting-edge solutions that tap into the advantages of multiple blockchains. As the appetite for these integrative solutions grows, there’s a potential for QNT’s value to see an uptick. For those scouting the market for the best coins to invest in, such technological advancements and their implications on the broader ecosystem can be pivotal points of consideration.

Binance Coin (BNB)

What is Binance Coin (BNB)?

Binance Coin (BNB) is the native cryptocurrency of the Binance platform, one of the world’s leading centralized exchanges. Initially launched on the Ethereum blockchain in 2017, it has since migrated to its own blockchain, known as the BNB Chain. The coin, integral to the Binance ecosystem, is used for a variety of purposes, such as transaction fees, token sales, and more.
Considering its broad utility and robust ecosystem, Binance Coin (BNB) might be the best crypto to invest in if one seeks both stability and potential growth.
Considering its broad utility and robust ecosystem, Binance Coin (BNB) might be the best crypto to invest in if one seeks both stability and potential growth.

How does Binance Coin work?

BNB operates on the BNB Chain, an independent blockchain that supports the creation of smart contracts and dApps. As a utility token, BNB can be used to pay transaction fees on the Binance platform, participate in token sales, and for a variety of other use cases within the Binance ecosystem. The Binance platform also periodically uses a portion of its profits to buy back and burn BNB, reducing the total supply and potentially increasing the coin’s value over time.

Reasons why you should buy Binance Coin (BNB)

BNB stands out for several reasons. Its affiliation with Binance, a leading global exchange, offers stability and utility. The coin’s role in reducing transaction fees and its use in token sales adds to its appeal for regular users. Additionally, strategic coin burns and the shift to the BNB Chain suggest potential long-term value growth. For those seeking the best coin to buy now, BNB deserves a closer look.

yPredict (YPRED)

What is yPredict?

yPredict is a new crypto project developing trading and investing solutions. The platform offers three primary features: a crypto marketplace, trading tools, and revenue-sharing pools.

How does yPredict work?

yPredict intends to bridge the gap between cryptocurrency market participants and data-driven insights, helping the former overcome the challenges of the increasingly complex financial sector. yPredict.ai’s ecosystem brings together insights from traders, investors, financial advisers, and AI/ML experts to offer its consumers the most thorough and precise financial information. It incorporates analytical tools, forecasting platforms, and indicators to support users in making wise trading and investment decisions.

Reasons why you should buy YPRED

yPredict has a lot of potential as a platform that offers sophisticated yet incredibly simple-to-use features. That gives its native token a chance to increase in value in the future.

Mina Protocol (Mina)

What is Mina Protocol?

Formerly known as Coda Protocol, Mina Protocol is a project that develops a very lightweight blockchain with many use cases, including the creation of decentralized applications. In the ecosystem, these applications are known as zkApps.

How does Mina Protocol work?

Mina, the world’s lightest blockchain with a size of just 22KB (that’s the size of a couple of tweets!) as opposed to Bitcoin’s 300GB, is made to host dApps smoothly. While the protocol’s native coin, MINA, serves as a utility currency and a means of exchange, native verification on the blockchain is made possible via zk-SNARKs. Verifiers, block producers, and snarkers — these are just a few user roles that handle certain tasks on the network, which results in a robust economy that is continuously expanding and improving.

Reasons why you should buy MINA

In the future, zero-knowledge technology is likely to be a major trend in the cryptocurrency and blockchain industries, and Mina Protocol may be well-positioned to benefit from it. Additionally, the Mina blockchain’s lightweight architecture makes it simpler to join the network, which is important for mobile devices in particular. Due to this, Mina might be a strong candidate to be one of the next cryptocurrencies to explode.

Solana (SOL)

What is Solana?

Solana is a high-performance blockchain known for its exceptional speed and efficiency in processing transactions. It emerged as a strong competitor in the decentralized finance (DeFi) and decentralized applications (dApps) space. Despite the challenges of the 2022 crypto bear market, SOL managed to maintain a significant presence, often ranked within the top 15 cryptocurrencies by market cap.

How does Solana work?

Solana’s main draw is its hybrid consensus mechanism, combining Proof of History (PoH) with Proof of Stake (PoS). This unique approach enables Solana to process thousands of transactions per second with minimal fees, addressing the scalability issues faced by many blockchains.
The Solana ecosystem hosts a wide range of applications, from DeFi to NFT marketplaces, making it a hub for innovation and growth.

Reasons why you should buy Solana

Solana is one of the safest crypto to invest in. Its ability to process transactions rapidly and at a lower cost makes it an attractive platform for developers and users alike. Its growing ecosystem, strong community support, and continuous development suggest its potential for long-term success. Investing in SOL could be a wise decision for those looking to diversify into a blockchain that balances speed, efficiency, and a robust developer ecosystem.
SOL has also been one of the most profitable cryptocurrencies in 2023, gaining more than 500% over the year. You can buy SOL now on Changelly.
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Best Crypto to Invest in: Best Web 3.0 Crypto Coins to Buy

A new generation of cryptocurrencies called web3 cryptos is dedicated to realizing the decentralized web3 concept. In order to give consumers control over their data and enable transactions without intermediaries, they combine blockchain technology with smart contracts. Web3 tokens provide unique use cases by exploiting decentralized protocols.
Here’s the list of web3 crypto coins with the most potential for 2023.

Filecoin (FIL)

What is Filecoin?

Filecoin (FIL) is a blockchain project developing a decentralized storage network.
Designed to work seamlessly with Web3 and DeFi protocols, Filecoin makes permanent data storage truly and fully decentralized.
The network, which supports organizations and projects in finding affordable, decentralized, and secure data storage solutions, is powered by a large variety of storage providers and developers.

How does Filecoin work?

Filecoin’s blockchain is built on the base technology of its parent project IPFS — a decentralized peer-to-peer network for file storage that lets users run their own nodes and store files anonymously.
Additionally, network users can generate more tokens and obtain transaction fee discounts by providing the Filecoin network extra storage.

Reasons why you should buy Filecoin

Filecoin has the potential to help millions of people looking for decentralized digital storage space: up until now, there hasn’t been a mechanism to entice individual IPFS nodes to allow others to utilize their space. The project capitalizes on transparency and open market provided by blockchain technology — something you would never obtain from centralized organizations.

IOTA (MIOTA)

What is IOTA (MIOTA)?

IOTA (MIOTA) is a unique cryptocurrency that stands out for its utilization of the Tangle technology, rather than the conventional blockchain. Developed in 2015, IOTA was designed specifically to support and enable the future of the Internet of Things (IoT), providing secure, feeless microtransactions for this ever-growing ecosystem.

How does IOTA work?

Unlike traditional blockchains that consist of transactions bundled in blocks and added in linear, sequential order, IOTA’s Tangle is a directed acyclic graph. Each transaction in the Tangle confirms two previous transactions, eliminating the need for miners and ensuring transactions remain free. This design makes IOTA scalable and ideal for machine-to-machine interactions in the IoT.

Reasons why you should buy IOTA (MIOTA)

IOTA, with its emphasis on IoT — a sector on the brink of explosive expansion — offers immense prospects for those wondering which crypto to buy. Its ability to handle feeless transactions paves the way for microtransactions, essential for seamless machine-to-machine interactions. Moreover, IOTA’s collaborations with leading corporations underscore its technological prowess and the anticipation of its integration in future ventures.

The Graph (GRT)

What is the Graph?

An open-source software named the Graph is used to gather, process, and store data from multiple blockchain apps to make it easier to retrieve information.
The Graph’s goal is to assist programmers in using pertinent data to boost the effectiveness of their decentralized applications.

How does The Graph work?

In order to enable any application to make a query to its protocol and obtain an instantaneous response, the Graph gathers and analyzes blockchain data before storing it in multiple indexes, known as Subgraphs.
So-called indexers and delegators — Graph users who offer network services — assist in processing the data and transferring it to end users and applications.
Data security within the Graph’s network is guaranteed by the use of its own cryptocurrency, GRT. Any user, whether they are delegators, curators, or indexers, must stake GRT to fulfill their responsibilities and get payment from the network.

Reasons why you should buy GRT (The Graph token)

According to some researchers, the Graph became an essential part of the DeFi infrastructure: popular Ethereum dApps like Aave, Curve, and Uniswap already employ this decentralized blockchain network.

Ethereum Name Service (ENS)

What is ENS?

The Ethereum Name Service, or ENS, enables users to generate a single pseudonym that can be used for all of their public addresses and decentralized websites. This solution serves to simplify cryptocurrency and decentralized financial spaces. As opposed to long illegible strings for each crypto address, users are given a single ENS domain (for example, “Madison.eth”), where they can receive any type of crypto and NFTs.

How does ENS work?

ENS is built on two Ethereum smart contracts: the ENS registry and the resolver. The first stores the crucial information about each registered domain, and the latter converts the domain names to machine-readable addresses and vice versa.

Reasons why you should buy ENS

Simply put, Ethereum Name Service (ENS) stands as the web3 answer to the traditional Domain Name Service (DNS). ENS offers a decentralized alternative to the standard DNS system, addressing the vulnerabilities associated with its singular point of failure. For those who are bullish on the future of crypto, ENS exemplifies the kind of cryptocurrency you should invest in.

Avalanche (AVAX)

What is Avalanche?

Avalanche is a layer-one versatile, open-source platform for launching decentralized applications and enterprise blockchain deployments. Known for its high throughput and low latency, Avalanche has carved out a significant place in the cryptocurrency market. It’s frequently listed among the top 20 cryptocurrencies by market cap, and made it to the rankings even amid the 2022 bear market downturn.

How does Avalanche work?

Avalanche distinguishes itself with its unique consensus protocol, which is highly scalable and energy-efficient. The platform is divided into three interoperable blockchains, each serving different purposes: the Exchange Chain (X-Chain), the Platform Chain (P-Chain), and the Contract Chain (C-Chain). This tri-fold structure allows Avalanche to achieve a balance between speed, security, and decentralization.

Reasons why you should buy Avalanche

Avalanche’s innovative structure and ability to facilitate fast, low-cost transactions make it an appealing choice for developers and investors. Its growing ecosystem of dApps and strategic partnerships, coupled with ongoing development efforts, position Avalanche as a strong contender in the blockchain space.
Investing in AVAX could be a strategic move for those seeking exposure to a cutting-edge and rapidly evolving blockchain platform. You can get AVAX with fiat on Changelly.

Best Cryptocurrency to Buy: DeFi Projects

Decentralized Finance (DeFi) projects have been an important part of the cryptocurrency movement, aiming to bring all financial instruments to the blockchain. Many believe DeFi will revolutionize the world of finance by making traditional banking services, such as borrowing and lending, accessible to anyone with a digital wallet.
Since participants record their trade directly on the public ledger, this new way of handling financial transactions would increase transparency and eliminate intermediaries.
Here’re the DeFi tokens with the most potential for 2023.

DeFi Coin (DEFC)

What is DEFC?

DeFi Swap is a recently introduced decentralized exchange that provides a wide selection of cryptocurrency-focused goods and functions. The native currency of the DeFi Swap DEX is DeFi Coin (DEFC), which was introduced in 2021.

How does DEFC work?

DEFC uses the Binance Smart Chain and supports the protocol to fulfill its decentralized finance-related objectives.

Reasons why you should buy DEFC

DEFC had a 40x bull run in 2021: its price went from $0.1 to $4. Some crypto users are sure that DEFC can become the next DeFi coin to explode.
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Uniswap (UNI)

What is Uniswap?

Uniswap (UNI), one of the largest cryptocurrency exchanges, is among the crypto assets you should watch in 2023.
Uniswap is a decentralized cryptocurrency exchange that executes trades using a series of smart contracts (liquidity pools). The protocol is supported by the Ethereum blockchain.

How does Uniswap work?

Uniswap does not adhere to advanced trade engineering conventions — it operates without an order book. The use of the Constant Product Market Maker Model as an assessment method distinguishes Uniswap from other DEX platforms.

Reasons why you should buy UNI

In recent years, the Uniswap platform has become a popular destination for those interested in cryptocurrencies and decentralized finance. The secret to Uniswap’s success is the platform’s user-centric policy and continuous improvement.

Terra LUNA Classic (LUNC)

What is LUNA Classic?

LUNA Classic (LUNC) is the original Terra LUNA blockchain’s native token.

How does LUNA Classic work?

A decentralized, open-source, and publicly accessible blockchain technology called Terra Classic uses a proof-of-stake consensus algorithm to support stablecoins (which are usually backed by fiat currencies like U.S. dollars), which enables people to make easy international transfers. LUNA Classic (LUNC) helps stablecoins within the Terra ecosystem maintain their prices and avoid high volatility.

Reasons why you should buy LUNC

LUNC is currently surrounded by a lot of uncertainty. The project is really ambitious, and its goal is great, but it’s not apparent how it will affect the LUNA token specifically. There are many crypto analysts who believe 2023 may become a great year for LUNC. Should this come true, it will set a precedent for a failed crypto’s comeback and growth.

Yearn.finance (YFI)

What is Yearn.finance?

Yearn Finance is a set of Decentralized Finance (DeFi) solutions that offer blockchain services like lending aggregation, yield generation, and insurance.

How does Yearn.finance work?

Yield farming, where users lock up their crypto funds in a DeFi protocol in order to create interest (typically in the form of crypto), is how Yearn.Finance generates the majority of its activities. The Yearn.Finance platform is controlled and governed by the platform’s native ERC-20 token YFI.


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