10+ Best Altcoins to Invest in 2023 – Which New Altcoins to Buy?

Altcoins refer to cryptocurrencies other than Bitcoin, i.e. Bitcoin alternatives. Of the 20,000+ altcoins listed on CoinMarketCap, investors have plenty of options when it comes to choosing suitable digital assets for their portfolio. If you’re looking for the best altcoins to invest in, you’ve come to the right place.

In this guide, we discuss over a dozen of the best altcoins to buy right now – all of which offer attractive upside potential. They range from upcoming altcoins on presale now, to new altcoin projects launched this year, to some well-established assets with a high market cap.

A Closer Look at the Best Altcoins to Invest in

Considering just how many digital currencies are now in circulation – choosing the best altcoins for your portfolio is no easy feat. You’ll also need to choose the best altcoin exchange with the lowest fees.

You’ll need to research key metrics surrounding the goals of the project, its historical price action, current market capitalization, and more. With this in mind, the sections below offer a full analysis of the overall best altcoins to invest in this year.

Starting off our list of trending cryptos that could make you rich is Meta Masters Guild.

1. Meta Masters Guild – Overall Best Altcoin to Buy in 2023

Meta Masters Guild’s native token MEMAG is our overall best altcoin for 2023 as the brand new project is developing the world’s first dedicated Web3 mobile gaming platform.

Early investors can also take advantage of the best crypto presale in the space that will see the token increase by 228% through seven stages – from the current price of $0.013 in stage 3 to the stage 7 price of $0.023.

Interest around the project has surged since launch with more than $130,000 raised during the first 48 hours and the total now well over $1.5 million in just two weeks.

There will be a max supply of 1 billion MEMAG tokens with 35% of those sold during the presale – with no vesting period and a hard cap of $4.97 million – and 15% allocated for exchange listings and liquidity.

A further 15% will be allocated to the development of the ecosystem, 15% to the marketplace, 10% to the reserve and 10% to the team – who are doxxed and have been KYC verified by CoinSniper.

The above tokens are vested and will be unlocked over periods between 36 and 48 months – SolidProof have audited the MEMAG token’s smart contract.

Unlike other crypto gaming projects, MEMAG tokens will not face the same constant selling pressure.

That is because MMG will ‘focus on fun’ – making tokenization and rewards a secondary priority to building games that are replayable and sustainable – and also because a second token, GEMS, will exist for rewards and as an in-game currency.

GEMS will be handed to players during games and can be used to purchase and upgrade in-game assets, as well as be converted into MEMAG to sell.

Three games – Meta Kart Racers, Raid NFT and Meta Masters World – are already in development, with the project also welcoming other studios and developers to build on their platform.

Join the MMG Telegram group for more information on the project.

2. FightOut – Exciting M2E Project Offering Rewards for Fitness

FightOut has developed one of the best altcoins, $FGHT, offered as a reward to users living an active lifestyle. $FGHT has distinguished itself from most altcoins by being a reward token for the movements and steps users take to improve their fitness.

Users are rewarded with tokens for completing workouts and challenges, growing the community and earning badges. As users build up their strength, it’s transferred to their avatars — used in the metaverse to compete in fights against other players to earn more tokens.

The in-app currency is REPS, which can be exchanged for merchandise, NFTs and remote trainer consultations. More REPS can be bought with $FGHT and be used to access the real-world gyms FightOut is planning to open in key metropolitan cities.

The best part about $FGHT coins is that they’re currently priced at the lowest they’ll likely ever be and early investors get two huge advantages over those who wait.

Investors can buy FightOut tokens now with the price increasing every 12 hours to a maximum of $0.0333 on March 31.

Furthermore, stage 1 purchases come with the chance to earn up to 50% in bonus FGHT tokens, depending how much is bought and how long they are locked for.

Of the 10 billion token supply, 30% are for the presale and another 15% for bonuses, with 5% for exchanges – the other 50% is unlocked over the next five years and for the development of the project.

FightOut enables users to customize their workouts and offers access to tutorial videos to ensure users practice good form.

The project, which comes from a doxxed and KYC-verifed team, has also signed on former world boxing champion Savannah Marshall, UFC pair Taila Santos and Amanda Ribas, and American Ninja Warrior Tremayne Dortch to join as ambassadors.

Investors can find out more about this altcoin by joining the Telegram channel and reading the whitepaper.

3. C+Charge (CCHG) – Emerging Altcoin to Buy that Offers a Next-gen EV Payments App

C+Charge is an upcoming crypto platform that democratizes carbon credits for its users and enables its mass adoption.

C+Charge has now raised more than $400,000 since launch with one crypto whale spending $100,000 on a single purchase of CCHG tokens. 

Buyers can grab the tokens at a discounted price of 0.013 USDT per token. Users should consider buying the tokens before a likely price increase in the coming stages.

C+Charge has set the stage for revolutionizing the EV charging payments system, with the project rewarding EV drivers by giving them carbon credits for charging their vehicles at several EV charging stations.

C+Charge is the first platform to allow EV owners to earn carbon credits and have a positive environmental effect.

EV drivers can offset their carbon footprint by using $CCHG to make payments for charging their EVs and receive carbon credits in return. The vehicle owners can then keep these carbon credits and tokens in their crypto wallets.

To top it up, the project has created an app for EV owners that would help them in tracking their carbon credit balances. Also, users can see real-time data pertaining to pricing, waiting times at charging stations, and so on.

The C+Charge app also has an advanced geolocation feature that allows users to locate the nearest charging station. Buyers can consider reading the project’s whitepaper to get a better understanding of its features.

$CCHG Tokenomics

$CCHG token is C+Charge’s native token and is central to its ecosystem’s functioning. The BEP 20 token has a supply cap of 1 billion tokens. Out of these, nearly 40% of the tokens would be available for purchase through the project’s presale stages.

The tokens have a deflationary mechanism in place wherein they are taken out of the ecosystem whenever they’re used to make payments for charging EVs. Traders have the option to buy C+Charge tokens at a discounted price of 0.013 USDT per token. To stay up-to-date, buyers can join the C+Charge Telegram channel.

4. RobotEra – Best Metaverse Coin on Presale From Nov 2022, Rival to SAND and MANA

Aiming to be the next big metaverse-gaming cryptocurrency, RobotEra (TARO) is building a shared multiverse planet where players can access different continents and build entertainment facilities.

Now on presale, TARO runs the in-world economy of RobotEra as its native coin and has already raised more than $765,000 in investment.

RobotEra allows players to leverage Robot NFTs to join as virtual avatars on the TARO planet. The Planet TARO has 7 continents where players can access different resources.

Land on the game can be received via airdrop and can be bought and sold on RobotEra’s marketplace. 

DappRadar has recently released a report stating that crypto-gaming-based altcoins are the best performers during a bear market.

While top coins like Bitcoin are currently in a downtrend, TARO’s presale can be a good opportunity to diversify funds. 

The TARO presale aims to raise a hard cap of $6.93 million through three presale rounds.

The native cryptocurrency has a total fixed supply of 1.8 billion tokens, with 270 million tokens be listed during the presale – each round allocating 90 million tokens – and no vesting period.

Currently, on stage 1, TARO is available to buy for only $0.02 USDT. The price of this altcoin will increase to $0.025 during the second round and $0.032 during the final round, making it one of the best altcoins for a quick 60% return by the time TARO is listed on crypto exchanges.

Read our how to buy RobotEra guide for more details and eead the RobotEra whitepaper and the Telegram Channel to familiarize yourself with this new project.

5. Calvaria – Popular Play to Earn Game Heading for IEO

Calvaria is an exciting play-to-earn project that is now closing in on the end of its presale, with its IEO set for the end of January.

The project has, so far, raised more than $3 million, and will have its IEO on BKEX in early February – listings on LBank and GotBit have also been announced.

RIA tokens, which underpin the project, are used for rewards and can be staked and for voting rights in the DAO are on sale for $0.0325 for a limited time before the presale.

As well as limited time, there are now fewer than 10 million tokens available to buy before the token reaches exchanges.

Calvaria is unique crypto gaming project because it is offering both a full play-to-earn (P2E) version of its game and a free-to-play (F2P) version in an attempt to attract casual gamers to the blockchain.

The F2P version of Duels of Eternity will be exactly the same except there will be no rewards for winning and a visible counter to show how much players could have earned in the main version.

Duels of Eternity is a battle-card game where players must use skill and strategy to win one-vs-one matches and tournaments – it is in 3D and available as a mobile game.

Players can upgrade their cards by combining them or spending RIA and Calvaria will ensure the long-term viability of the game by taking a seasonal approach, with new modes, assets and more released regularly.

They will also develop an in-house eSports team and host major eSports tournaments, while VR functionality is on the way.

Investors can receive more information about the project by subscribing to the Calvaria Telegram channel.

Calvaria Presale Overview

Total Supply: 1 Billion RIA

Presale: 150 Million RIA

6. Dash 2 Trade – Crypto Intelligence Project now listed on Exchanges

Dash 2 Trade’s native token D2T is a top altcoin for 2023 and is now listed on multiple exchanges after a highly successful presale that raised more than $15 million.

D2T grants subscription access to the Dash 2 Trade crypto intelligence platform, which provides its users with various tools and analytical data to help them maximize profits.

The token is now listed on numerous CEXs and DEXs including Gate.io and Uniswap.

The dashboard will utilize a range of data points and insights to provide trading signals and help users know when the best time is to buy into a position or take profits.

It will also track social sentiment and use on-chain analysis to help users spot trends early.

There are also strategy-building tools and back-testers that allow traders to rigorously test trading strategies in real-time without risking capital – analysis can be run and strategies can then be adjusted to maximize profits.

Furthermore, Dash 2 Trade will create a bespoke scoring system to track and rate the best new crypto projects and presales, as well as offer alerts on new initial exchange offerings and coin listings.

The presale tool will see Dash 2 Trade rate and rank new projects out of 100 on a range of criteria, including tokenomics, roadmap, utility and the team to ensure investor confidence.

There will be three tiers of membership – Free, Starter, and Premium – offering different levels of access to insights and data.

Like nearly all of the best cryptos to invest in, Dash 2 Trade has a doxxed team with long experience in the crypto space, where they developed Learn2Trade, a forex and crypto trading platform for beginners with 70,000 users.

The team has been KYC verified by CoinSniper and the project’s smart contract has also been audited by SolidProof.

The developers are the same group behind Learn2Trade a forex and crypto trading platform for beginners that has 70,000 users.

Read through the whitepaper and join the Telegram group for more information on a new project that has investors rushing to buy in.

7. IMPT – Unique Carbon Offsetting Project to have Uniswap IEO on December 14, 2022

IMPT is a relatively new crypto project that also enjoyed a hugely successful presale and looks set for a big 2023.

IMPT has been gathering huge hype and excitement after partnering with more than 10,000 retail firms – including some of the world’s most recognizable companies such as Microsoft, Samsung and LEGO – to help users offset their carbon footprint while shopping.

The project allows individuals and businesses, both large and small, to help fight the climate crisis by acquiring carbon credits, which can then be used to support hundreds of verified and vetted environmental projects.

Users can also sell, retire or hold their carbon credits as an investment, with users who burn their credits – taking them out of circulation – receiving unique NFTs.

As well as earning them through shopping, they can be bought directly on a marketplace, with IMPT to track the carbon-offsetting efforts of their users to encourage greener behavior.

Built on the Ethereum blockchain, IMPT is a carbon-zero company with a doxxed team that boasts years of experience in various big business and telecoms firms.

Despite the ongoing crypto bear market, it has been repeatedly proven that finding good projects and getting in early on the best crypto presales can be an extremely profitable strategy for investors.

IMPT raised more than $20 million during its presale and unlike many new projects that fall by the wayside, it is launching a unique solution to a real-world problem – and an urgent one at that.

Read through the IMPT whitepaper for more information about the project and why independent sites such as CoinCodex and CryptoPresales.com rated IMPT as one of the best crypto projects of the year.

8. Tamadoge – Pumping Altcoin with NFT Collection and P2E Ecosystem

Tamadoge (TAMA) is a cryptocurrency project offering play-to-earn (P2E) features, NFT ownership and in-reward benefits for users and participants. It is one of the best altcoins to invest in now after its stunning launch and future utility.

Tamadoge is the native cryptocurrency of the Tamaverse – a P2E game revolved around doge. Unlike cryptocurencies like Doge which have risen in popularity due to its strong social media backing, Tamadoge is a multi-utility token which offers multiple use-cases to investors.

TAMA is used to settle transactions, trade NFTs and reward users on the Tamaverse. The main feature of the P2E platform is the Tamadoge pets – unique NFTs minted using smart contract functionality. Players can purchase these pets with TAMA tokens on the Tama store, each of which has its unique characteristics, advantages and weaknesses.

The Tamadoge pets can be bred and used in monthly competitions, where the top performers are rewarded with tokens from “dogepools”. After concluding a successful presale campaign, TAMA raised $19 million in its presale round ending September 18. Released at $0.01 per token, the value of TAMA ascended to $0.03 after the presale concluded – a 3x price increase.

The initial exchange offering (IEO) for Tamadoge was on OKX, a global exchange with 20 million-plus investors. The coin was listed at $0.03 and pumped to an all-time high of $0.194 -a near 2,000% increase for early presale investors and 550% increase from its IEO price.

Despite the ongoing bear market of 2022, and the price of the coin retracing, the presale and IEO success makes TAMA a great investment to watch right now. While 50% of the 2 billion token supply were available on the presale, 20% of the tokens will be listed on decentralized and centralized exchanges.

The remaining 30% will be unlocked for minting over the next 10 years. Additionally, TAMA is a deflationary asset – since 5% of all tokens spent are burned. This ensures that supply never outweighs demand, which can potentially make the coin more valuable in the long run.

It remains a top 10 meme coin by volume and appears set to pump when wider market conditions improve, especially with the ecosystem expected to release the main game, side games and augmented reality app in 2023.

Another notable feature of TAMA is that there’s no tax when buying or selling this coin. Tamadoge will only make money when the tokens are spent within the game to purchase the pet NFTs on the TAMA store.

CoinSniper has verified this soon-to-be Metaverse game, and Solid Proof has completed an audit.

Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge. Telegram admins will never DM you first.

9. Battle Infinity – Exciting New Altcoin to Buy Right Now

Like Tamadoge, another crypto game and potentially one of the best altcoins for 2023 is Battle Infinity.

As the name implies, Battle Infinity revolves around ‘battle’ games – with the IBAT Premier League being front and centre. This feature acts much like a fantasy sports league, except it integrates NFTs and is hosted on the blockchain. As such, users can trade players with others through Battle Infinity’s built-in marketplace – all whilst benefitting from a transparent and decentralized process.

Like other new NFT projects, Battle Infinity offers a dedicated NFT marketplace (called Battle Market) where users can mint and sell their own digital artwork and upgrade their in-game avatar with cool items. Users can also purchase plots of virtual land within the metaverse (called Battle Arena) and earn passive income by advertising through in-game billboards.

$IBAT is Battle Infinity’s native token, which will help facilitate transactions and provide income through staking. Finally, given that Battle Infinity is now KYC-verified on CoinSniper and fully audited by SolidProof.io, there’s a strong level of credibility surrounding the project.

For a detailed guide on how to buy Battle Infinity right now, be sure to read our guide. IBAT was listed on PancakeSwap in mid-August and saw a price pump of 700% from the presale price, before a listing on LBank saw another 200% pump at the end of August.

With more listings planned in the near future and staking set to go live soon, more volume and positive growth is expected for the project and IBAT token. Join the Telegram group (admins will never DM you first or ask for your seed phrase) to stay updated.

10. Lucky Block – Top Altcoin with Crypto-Gaming Features

Did you know that Lucky Block is one of the most undervalued cryptos and best utility tokens in 2022?

After spending countless hours researching the Lucky Block project – we found that this digital currency is one of the best altcoins to buy in 2022. In a nutshell, Lucky Block is creating an ecosystem that focuses on fair and transparent play-to-earn games.

Through a mobile app and desktop software – the Lucky Block system is being built on top of the blockchain protocol. And as such, this means that the prize drawing process is popular for its fairness and randomness – not least being gaming outcomes are generated via smart contracts.

What this also means is that players can be 100% sure that games cannot be predefined or manipulated – internally or externally. Another core reason why we think that Lucky Block is the overall best altcoin to buy for 2022 is that its games will be globalized – meaning that players are not restricted based on where they live.

This is in stark contrast to how traditional prize games are run – which are usually offered nationally. If like us, you think that the Lucky Block concept has a bright future ahead of it – you can purchase this altcoin while the project is still young. After all, Lucky Block was only founded in late 2021 and its native token was launched in January 2022.

In terms of price action, Lucky Block was initially available to buy via its presale launch at just $0.00015 per token. Those investing in the Lucky Block presale are now looking at huge returns. For instance, as of writing, Lucky Block is trading at over $0.005 per token. As such, many crypto enthusiasts have dubbed LBLOCK as one of the best long term crypto investments in 2022.

When compared to its presale price of $0.00015, this means that Lucky Block has grown by over 3,200%. The token has, however, previously hit highs of $0.009. And as such, you have the opportunity to buy Lucky Block tokens at a major discount – not least because the broader cryptocurrency market is currently going through a correction. Moreover, at such as cheap price, LBLOCK is one of the best cryptos to buy under $1.

Furthermore, Lucky Block has now released its LBLOCK V2 coin which has eliminated the 12% transaction fee the V1 coin had. The V2 coin – which pumped 400% after listing on MEXC – has 0% transaction fees. It later listed on Gate.io, the fifth-largest exchange, with listings on other major exchanges expected soon.

Holders of the V1 token will also be able to convert for V2 when a bridge goes live on October 3.

Interested in buying Lucky Block right now? Read our comprehensive guide on how to buy Lucky Block right now.

If you need more convincing, why not take a look at our Lucky Block price prediction article? Alternatively, you can explore the best crypto ICOs for 2023 by reading our handy guide.

11. DeFi Coin – Native Token of Exciting New DeFi Swap DEX

Another one of the best new crypto coins to consider adding to your portfolio is DeFi Coin. DeFi Coin is the native token of DeFi Swap – an exciting new decentralized exchange which offers swapping, staking, and yield farming services. Although DEFC has been around since May 2021, the token has begun picking up steam in conjunction with the DeFi Swap exchange’s launch.

Once DeFi Swap went live, the price of DeFi Coin surged by 300% on an intraday basis. The token’s fortunes are naturally tied to the popularity of DeFi Swap, as investors can use the token to swap into other coins in a completely decentralized manner.

Not only that, but DeFi Coin also has a built-in static rewards system which provides a regular income stream to DEFC holders. Whenever someone buys or sells DEFC, a 10% tax is levied on the position. Half of the collected amount is given back to DEFC holders as a reward, whilst the other half is placed into DeFi Swap’s liquidity pools.

Given that the DeFi sector had a total value locked (TVL) of around $200 billion during Q1 2022, there’s undoubtedly exceptional potential for DEFC and DeFi Swap. The coin has already started to pick up momentum on social media and has seen over 6,000 members join the official Telegram group – hinting at the project’s solid community backing.

12. The Sandbox – Top Altcoin to Invest in the Metaverse

The next digital currency to consider from our list of the best altcoins to invest in for 2022 is the Sandbox. In a nutshell, this project specializes in the Metaverse, whereby players from all over the world can explore the Sandbox ecosystem while communicating and networking.

Within the Sandbox Metaverse, users can create and personalize their own character, which can then be used to compete in play to earn games. This means that when certain tasks are accomplished, users can earn the platform’s in-game currency – SAND. What we also like about the Sandbox is that it is home to an abundance of NFTs.

For instance, the Sandbox allows you to use your SAND tokens to buy plots of land. You can then build property on this land and attempt to sell the respective NFT on the open marketplace. As a prime example of how lucrative this can be, a Sandbox user recently sold 100 virtual islands for the crypto-equivalent of $4.2 million.

In terms of how SAND has performed in the market itself, this altcoin has generated huge returns since it was launched. According to CoinMarketCap, the Sandbox was initially priced at $0.05 in mid-2020. This altcoin last peaked in November 2021, whereby a price of over $8.40 was breached.

And as such, this translates into gains of over 16,000%. Not bad for just over one year of trading. With that being said, and like most altcoins in this industry, SAND has since retreated in value. As of writing in early 2022, you can buy this top-rated altcoin at a heavily discounted price of under $3 per token.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

13. Yearn.finance – Great Altcoin to Invest in Decentralized Financial Services

We are huge proponents of the business model employed by Yearn.finance – which specializes in decentralized financial services. Put simply, the platform connects borrowers and investors – meaning that there is no longer a requirement for a third-party intermediary. Instead, crypto loans at Yearn.finance are facilitated loans via automated smart contracts.

In its basic form, borrowers are required to put up a certain amount of collateral in the form of digital tokens. In return, the smart contract will then allow the user to borrow an amount of capital against the said collateral. And, in addition to returning the funds back within an agreed timeframe, the borrower will also be required to pay interest.

At the other end of the transaction, you have investors. Said investors will deposit funds into the Yearn.finance ecosystem, which is then used to facilitate loans. In turn, investors will be paid a yield on their capital outlay – with the specific APY design on a variety of factors – such as the respective token and lending terms.

If you like the sound of this top-rated DeFi coin project, you can easily buy Yearn.finance from the comfort of your home. This is the case even though Yearn.finance is one of the most expensive altcoins in the market. For instance, the digital currency hit highs of over $90,000 in 2021 – making it even more valuable than Bitcoin in token terms.

With that said, you can invest from just $10 into Yearn.finance when using eToro. Nevertheless, in terms of its performance, Yearn.finance and its YTI token were initially priced at just under $1,000 in 2020 – as per CoinMarketCap. Moving into 2022, the same altcoin is trading at less than $19,000. This means that since it was launched, this altcoin has grown by over 1,800%.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

14. Cosmos – Interoperability Serves a Real Purpose in the Blockchain Space

If you haven’t previously come across the term interoperability, in the traditional computing industry this refers to two or more systems having the capacity to communicate with one another. In the cryptocurrency arena, interoperability, therefore, refers to the challenges faced by different blockchain networks that may have the need to share data.

These challenges have, however, since been allocated with the growth of Cosmos and its ATOM token. In a nutshell, Cosmos provides the required technology for the likes of Bitcoin and Cardano or EOS and Ripple to collects and share data. This means that in theory, Ethereum smart contracts can make decisions based on specific Bitcoin transactions.

And, in order for competing blockchains to use this innovative technology, the ATOM token is required. And as such, this is why ATOM is one of the best-performing altcoins of recent years. As per CoinMarketCap, ATOM was priced at just $7.50 back in early 2019. As of early 2022, ATOM breached a price of $43 per token.

And as such, this represents very healthy gains of over 480% in just under three years of trading activity. With that being said, Cosmos and its native ATOM token have since dropped in value in line with the wider altcoin marketplace. As such, you can now get your hands on one of the best altcoins to invest in at a bargain price.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

15. Uniswap – Leading DEX With a Popular Altcoin Backing its Ecosystem

Another top-rated project that makes our list of the best altcoins to buy in 2022 is Uniswap. Founded in 2018, Uniswap was one of the first exchanges to introduce the concept of decentralized trading. In a nutshell, this means that people can now buy and sell altcoins without needing to go through a centralized exchange.

If you’re wondering how this is possible, there are certain innovative factors at play. First and foremost, Uniswap does not rely on traditional bid/ask order books to create a safe and fair trading space for the generation of sufficient levels of liquidity. On the contrary, Uniswap uses an AMM – or automated market maker model.

Put simply, the AMM model determines altcoin prices based on a variety of factors – such as demand, volume, and market capitalization. In addition to decentralized trading services, Uniswap also gives you the opportunity to earn a yield on your idle altcoins.

This is because you can provide the Uniswap AMM with liquidity, which in turn, will generate interest in your deposit. Moreover, you can invest in the broader Uniswap ecosystem by purchasing its UNI token – which is one of the most popular altcoins to buy right now.

According to CoinMarketCap, the UNI token was trading at just under $7 in late 2020. After going through a somewhat rocky ride in the following few months, Uniswap then went on a rapid upside trend. In fact, the UNI token hit highs of just over $44 in mid-2021 – which translates into gains of more than 500%.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

16. Decentraland – Top-Performing Altcoin Backing a Real Estate Metaverse

If you have an interest in the future of Metaverse coins, then you might have liked the sound of the Sandbox – which we analyzed above. With that said, Decentraland is also one of the best altcoins to buy in 2022 if this niche marketplace is something you wish to gain exposure to.

This super-popular project – which was founded in 2017, is now used by thousands of people each and every day. These numbers continue to grow and perhaps, most importantly, so does the number of transactions being conducted in the Decentraland ecosystem. More specifically, Decentraland has facilitated some huge digital real estate trades in recent months.

For example, in late 2021, an area within the Decentraland Metaverse known as Fashion Street Estate, sold for a reported $2.4 million. Crucially, Decentraland allows users of all budgets to buy plots of land, which then be used to build real estate projects. And in turn, each project can then be sold on the Decentraland NFT marketplace.

Each and every transaction executed within the Decentraland ecosystem is conducted in the platform’s native altcoin – MANA. And with this in mind, it goes without saying that MANA has performed extremely well since it was launched in late 2017. As per stats extracted from CoinMarketCap, you would have originally paid just $0.025 per MANA token.

When the project last peaked in late 2021 with the wider Metaverse scene, MANA was trading at over $5.90. This means that those buying into this project in late 2017 would have been looking at end-to-end profits in excess of 23,000%. As such, a mere investment of just $500 would have translated into a portfolio worth over $115,000.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

What are Altcoins?

The term altcoin is an abbreviated way of discussing alternative coins to Bitcoin. This means that of the 18,000+ digital tokens listed on CoinMarketCap, each and every project can be classified as an altcoin – apart from BTC.

And as such, this means that you have a significant number of altcoins to consider for your cryptocurrency portfolio. It is important to note that altcoins will vary considerably in terms of the project and roadmap targets, market capitalization, historical performance, and legitimacy.

As a result, knowing which are the best altcoins to invest in can be challenging. For instance, while the likes of Shiba Inu and BNB have generated life-changing returns since being launched, many altcoins have since lost over 95% in value. Therefore, when deciding on which altcoins to buy for 2022, you will need to do lots of homework.

For a full guide on how to buy Ethereum Classic and other popular altcoins read our helpful guides.

Are Altcoins a Good Investment?

If you’re wondering whether you should buy altcoins or just stick with Bitcoin, this section is for you. Within it, we discuss some of the main reasons why you might consider investing in a selection of top-rated altcoins today.

Another popular altcoin is ALGO which has many traders asking whether Algorand is a good investment or not.

Many of the Best Altcoins to Invest in Have Generated Life-Changing Returns

First and foremost, perhaps the main reason why you might consider buying a selection of altcoins today is that many projects have generated life-changing returns.

We gave some examples earlier in our analysis of the best altcoins to invest in for 2022, but allow us to elaborate further.

• For example, we mentioned just a moment ago that when BNB was launched in late 2017, a single token was worth just $0.11.
• And, as of writing, the project is carrying 52-week highs of $690.
• This equates to end-to-end gains in excess of 690,000%. And as such, had you invested just $1,000, at its peak, your money would have been worth $6.9 million.
• In another example, we also mentioned that Decentraland and its MANA token has since witnessed growth of 23,000%.
• And therefore, a $1,000 investment into this altcoin would have been worth over $230,000.

With that said, and as we covered earlier, not all altcoins will perform as well as the like of BNB and Decentraland – so it’s important that you set yourself realistic expectations before you make a purchase.

Altcoins Outperform Bitcoin

It is not only the best altcoins to invest in that have generated life-changing returns since launching. After all, it is important to remember that when Bitcoin was first launched in 2009, it was worth just a small fraction of $0.01 per token. And, when you consider that Bitcoin has since hit highs of over $68,000 – this represents end-to-end gains in the millions of percentage points.

However, Bitcoin has since become a multi-trillion dollar asset class, so it goes without saying that the upside potential will be limited from hereon. In fact, when you compare the performance of Bitcoin over the prior few years with that of top-rated altcoins, BTC isn’t as attractive as it once was.

For example, in the prior 12 months since writing this page, the price of Bitcoin has decreased by over 20%. In comparison, Ethereum has increased by nearly 50%. Over a 5-year period, Bitcoin has increased by 3,600%, while Ethereum has witnessed gains of more than 7,000%.

As such, if your main priority is to target high-performing crypto assets, then altcoins might be more suitable for your risk appetite when compared with Bitcoin.

Easy to Diversify

Another major benefit of adding the best altcoins to your portfolio is that you can easily diversify to help mitigate the risk of loss. This is something that most traders and investors adhere to when learning how to trade cryptocurrency.

Sure, on the one hand, the cryptocurrencies market often moves in sync with one another, meaning that when Bitcoin does well, so do altcoins. However, it also goes without saying that some altcoins have performed considerably better than others.

And as such, you can give yourself the best chance possible of choosing the best-performing altcoins by adding a wide selection of tokens to your portfolio.

This can be achieved easily when you use an online broker that not only offers small minimum investment requirements, but also a large number of supported markets.

For instance, at the SEC-regulated broker eToro, you will have access to dozens of leading altcoins at a minimum trade value of just $10 per token.

Many of the Best Altcoins to Invest in are Cheap

Another reason why Bitcoin – or even Ethereum for that matter, is somewhat unattractive to value investors is that these tokens are now trading for a huge amount of money.

After all, Bitcoin and Ethereum have since breached highs of approximately $68,000 and $5,000 respectively. This means that by investing a modest amount of money, you will likely only be able to purchase a tiny fraction of one token.

However, when researching the best altcoins for 2022, we came across a number of notable projects that still carry a low entry price.

• For example, we mentioned earlier that by investing just $100 into Shiba Inu, you can get yourself about 5 million tokens.
• Similarly, if you were to invest $100 into Basic Attention Token, this would get you over 800 tokens as of writing.
• In the case of Lucky Block, at current prices, a $100 investment would get you over 20,000 tokens

Crucially, although the price of an altcoin doesn’t dictate its total valuation alone, it can be a lot more attractive to invest in a cryptocurrency project that allows you to own a large number of tokens – as opposed to a small fraction.

Huge Upside Potential

Many experienced investors will also seek out the best altcoins in the market because in many cases, the upside potential can be huge.

For example, once you skip through the first few hundred projects in terms of market capitalization, you will come across thousands of altcoins that carry a valuation of less than $10 million. And as such, this means that the upside potential on these altcoins is going to be much higher than those that already have a large-cap status.

For instance:

• As of writing, BNB already has a market capitalization of over $60 billion.
• And as such, for BNB to generate a further 1,000% from hereon, it would need to surpass a valuation of $600 billion.
• Although arguably very possible, it remains to be seen how long it would take for BNB to reach a valuation of this magnitude.

At the other end of the scale, you have the likes of Lucky Block, which, as of writing, is carrying a market capitalization of just $192 million as per CoinMarketCap. This means that for the project to do 1,000% growth from here, it would only need a market capitalization of just under $2 billion.

Another thing to be aware of when buying low-cap altcoins is that those with a considerably small market valuation will be a lot more volatile. This is because of the fundamentals of market depth, which means that smaller-cap assets are easier to move in the market.

Innovation Outside of Financial Payments

We also like altcoins for the innovation that some projects have since introduced to the cryptocurrency sector. Sure, Bitcoin itself is revolutionary. But, the network is only able to facilitate global payments.

In the case of the best altcoins to invest in that we came across, some of the most notable projects offer the following:

• Lucky Block is revolutionizing the global online gaming sector by decentralizing gaming outcomes via smart contracts.
• Decentraland and the Sandbox both offer virtual 3D worlds that allow users to buy plots of land and real estate, and then sell these in the open market via NFTs.
• Cosmos is solving the issue of blockchain interoperability.
• Solana is looking to challenge Ethereum’s dominance of smart contracts, with super-fast, scalable, and low-cost transactions.

The above examples are just a few of many. The key point is that by investing in an altcoin that offers something different from the status quo, there is every chance that the respective token will perform well.

Risks of Buying Altcoins?

Now that we have covered the benefits of buying altcoins for your portfolio, it is only right that you also consider the risks. Some of the best altcoins to buy right now include AAVE, BNB, and ETH.

You likely know that crypto assets are volatile anyway – but the risk of loss can be significantly higher in the case of altcoins – especially those with a small market capitalization.

Synchronization With Bitcoin

We briefly mentioned earlier that the broader cryptocurrency markets often move in sync. And, at the forefront of this trend is Bitcoin – which dictates the performance of the wider altcoin scene.

For example, when many altcoins experienced represented gains in 2021, this was in conjunction with Bitcoin hitting new all-time highs. But, since Bitcoin has entered a bearish cycle, this has had a major impact on altcoins.

As such, no matter how good the objectives and roadmap targets you believe your chosen project offers, the performance of altcoins is often hindered by the sentiment of Bitcoin.

Extreme Volatility

As noted above, all digital currencies carry a high level of volatility – especially when compared to the traditional stock markets.

However, if you invest in altcoins with a small or medium market capitalization, the volatility that you experience can be extremely wild.

For instance, some of the altcoins that we came across initially experienced a rapid upward swing, before crashing back down to a price below the project’s launch valuation.

In fact, many of the best altcoins to invest in are now worth over 95% less than when compared to their prior all-time high. Ultimately, if you buy altcoins that experience similar depreciation levels, this can wipe out the vast bulk of your investment.

Scams and Rugpulls

Another huge risk to consider before you buy altcoins for your portfolio is that of scams and rugpulls. The latter term refers to projects that are created with one sole intention – to scam early investors.

What often happens with rugpulls is that the project will collect funds during a presale launch, before pumping the respective altcoin artificially. In turn, this results in new investors jumping on board which further pumps the price northwards.

Eventually, altcoins that are looking to rugpull a project will dump their entire token allocation, which results in the value of the crypto asset dropping to near-zero levels.

This is becoming more and more popular in the altcoin space – so it is absolutely crucial that you do your research before proceeding.

This is one of the reasons why we think that Dash 2 Trade is one of the best altcoins to watch in 2022, not least because the project is backed by a transparent and experienced team, but because it will help users identify which new projects are worthy of investment and which are scams.

Where to Buy Altcoins

When deciding on where to buy altcoins for your portfolio, we would suggest exploring the following metrics before you open an account with your chosen exchange or broker:

• Is the platform regulated by a reputable licensing body such as the SEC?
• What altcoins does the platform give you access to?
• What fees and commissions will you need to pay to buy your chosen altcoins?
• Where does the platform stand in terms of customer service and supported payment methods?
• What is the minimum amount of money you will need to risk to buy altcoins at the platform?

Taking the above metrics into account, we found that eToro is the overall best place to buy altcoins in 2022. We explain why in the section below.

eToro – Best Place to Buy Altcoins in 2022

eToro is a our pick for the best crypto exchange that is ideal for investors of all skill sets. Opening an account here takes minutes – and the KYC verification process can be completed instantly. We like the fact that eToro is regulated by multiple bodies – including the SEC, ASIC, FCA, and CySEC.

This means that you can buy altcoins without needing to worry about the safety of your funds – which can’t be said for many exchanges in this space. US clients can deposit funds in USD without paying any fees. Crucially, this is the case not only with ACH and domestic bank wires but e-wallets like Paypal and even debit/credit cards.

And, if you’re a new customer from the US, you only need to deposit $10 to get started. In terms of supported altcoins, eToro lists dozens of leading crypto assets. For example, you can buy Dogecoin on eToro with a fee of just 1% which is then added to the tight bid-ask spread. This includes everything from Yearn.finance, Uniswap, Tron, and the Sandbox to Decentraland, BNB, and Compound coin. When you buy altcoins at this brokerage, the minimum stake is a mere $10.

You will also save on traditional trading commissions when you buy altcoins via the eToro website, as you only need to cover the spread. This starts at 0.75% on Bitcoin but will be ever-so-slightly higher when trading altcoins. We also like eToro for its diversification tools, which include professionally-managed portfolios that contain a wide range of altcoins. For example, you could invest in Ripple with competitive fees. For more details you might want to read our XRP price prediction to see how this exciting cryptocurrency could perform over the next few years.

This particular investment product will suit time-starved investors or those with little to no experience in performing technical analysis. eToro is also home to copy trading tools, so again, this will appeal to those seeking a passive investment experience. When it comes to customer service, eToro offers a live chat facility – so there is no need to wait around for an email reply.

We also like eToro of the free virtual portfolios that it offers to both new and existing clients. This comes pre-loaded with $100,000, which you can then use to trade altcoins in a risk-free environment. Once you have registered an eToro account, you might also consider downloading the iOS/Android app.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Altcoins

Looking to buy altcoins or the best crypto IDOs for the very first time? If so, you might need some guidance on how to complete your altcoin investment in a safe manner.

Read on for step-by-step instructions on how to buy your chosen altcoin today.

How to Buy MEMAG – Step-by-Step Guide

To take part in the Meta Masters Guild presale follow the brief steps below, or read our in-depth guide on how to buy MEMAG tokens.

• • Step 1 – Set Up Crypto Wallet: Investors will need a crypto wallet such as MetaMask.
  • Step 2 – Buy ETH: Investors then need to purchase ETH and hold in in their wallet. This can be done on an exchange, on the wallet or on the MMG website.
  • Step 3 – Purchase MEMAG: Next, connect to the Meta Masters Guild website, connect, then select the relevant option. Follow the instructions on screen to complete the purchase.
  • Step 4 – Claim MEMAG Tokens: MEMAG can be claimed once the presale has been completed. Until then they will be stored on the MMG website.

How to Buy Altcoins on eToro

The other altcoins that we discussed on this page can be purchased from eToro at just $10 per trade. The investment process at eToro takes less than five minutes from start to finish – here’s what you need to do.

• Step 1: Register an eToro Account: Click on the ‘Join Now’ button and fill out the registration form that appears on your screen.
• Step 2: Deposit Funds: Choose your preferred payment type from a debit/credit card, online banking, or a supported e-wallet. Enter the amount you wish to deposit, from $10.
• Step 3: Search for Altcoin: Click on the ‘Discover’ button. Next, click on ‘Crypto’ and choose the altcoin you want to buy.
• Step 4: Buy Altcoin: Click on the ‘Trade’ button next to your chosen altcoin and an order box will appear. Enter your total investment stake from $10 and click on ‘open Trade’ to confirm.

Here’s a more detailed guide on how to buy crypto at eToro.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Conclusion

Altcoins offer the potential to make attractive returns on your cryptocurrency investments – especially when you consider that you’ve likely missed the boat on Bitcoin.

After all, Bitcoin has already surpassed a total market valuation of over $1 trillion, so returns will be somewhat limited when compared to smaller-cap altcoins.

Our top altcoin is new crypto presale project Meta Masters Guild, which is developing the world’s first dedicated Web3 mobile gaming platform.

Another top choice is M2E project FightOut – both are racing through their presales.

FAQs on Altcoins