Investors are frequently drawn to new cryptocurrency coins with a lower market cap and unit price per token, seeking out higher growth potential, rather than holding a fraction of a Bitcoin. This approach can be profitable but also has many drawbacks.
We’ve examined some of the most promising cryptocurrency projects in the space based on their performance thus far, including some brand-new tokens still at the presale stage with high demand from early investors. Not every new cryptocurrency asset will succeed in the mid to long term.
Our list of fresh cryptocurrency projects to back includes tokens for gaming, meme coins, green projects, and more.
The top new cryptocurrency coins to purchase this year are ranked by us below:
Wall Street Memes (WSM). The team behind the popular NFT collection Wall St Bulls has launched a new cryptocurrency project called Wall Street Memes (WSM). With over 1 million followers across all social media platforms, $WSM is currently in presale and supported by a sizable, active community. Since the presale began, more than $22 million has been raised in just 10 weeks.
XRP20 (XRP20) is a novel concept built on the Ethereum blockchain that combines XRP with staking incentives and a deflationary ecosystem. Hard cap of $3,680,000 and token price of $0.000092. In the week since it launched, almost $1.9 million has been raised.
Launchpad XYZ (LPX) is an ecosystem powered by Web3 that includes the NFT DEX, a marketplace for fractionalized assets, and a custom trading terminal. Pre-sale began in April 2023 with a raised total of more than $1.25 million.
Shibie Coin (SHIBIE) is a meme token that combines the recently released Barbie movie with Shiba Inu characteristics for widespread adoption in 2023. It has a $500,000 hard cap, of which more than $300,000 has already been raised.
yPredict (YPRED). A new cryptocurrency platform called yPredict (YPRED) gives users access to prediction models made by financial experts. Hold $YPRED tokens to earn rewards and passive income — over $3.3 million raised.
Chimpzee (CHIMPZ) is a brand-new cryptocurrency project that aims to preserve wildlife and improve the environment. Pre-sale began in April 2023 and raised nearly $975,000.
Scorpion Casino (SCORP) is a groundbreaking social online gaming platform that allows users to stake up to $10,000 and earn an attractive staking yield. The presale brought in $600,000.
eTukTuk (TUK) is a new cryptocurrency platform that gives TukTuk drivers a more environmentally friendly mode of transportation. Hold $TUK to pay for services at charging stations and earn rewards by enhancing the ecosystem. Pre-sale is now available.
BTC20 (BTC20) is a hot new Ethereum-based cryptocurrency that offers tokens for $1 and aims to replicate the origins of Bitcoin using the current Proof-of-Stake algorithm. Additionally, it has a 120-year vesting schedule, 100% public token availability, and staking rewards. The presale was completely sold out in less than two weeks, and staking is currently underway.
Pikamoon (PIKA) aims to replace Axie Infinity with its own metaverse and NFT games in the Pokémon style. Pre-sale began in April 2023 with a raised total of more than $3.85 million.
Cogwise (COGW) is a new AI-based token that makes use of blockchain technology to support technical analysis, create smart contracts, and examine cryptocurrency wallets. During the ongoing seed round, $COGW is valued at $0.010.
Worldcoin (WLD). Sam Altman of OpenAI is leading Worldcoin (WLD), a World ID that is connected to retina scans and blockchain technology and has the potential to establish a UBI framework.
Theta Network (THETA) is a cutting-edge blockchain for the distribution of media and entertainment that features a dual token structure that permits staking.
Shiba Inu (SHIB) is a meme-based cryptocurrency ecosystem that fosters community and exploded in the 2021 bull run to enter the top 15 coins by market capitalization.
ApeCoin (APE) is the new flagship cryptocurrency for the Otherside metaverse game and the Bored Ape Yacht Club NFT collection.
Later this year, some of the new projects mentioned above will launch initial coin offerings on reputable exchanges.