As we launch into 2023, many traders have been eyeing up newly launched coins that have the potential to be worthwhile investments. New coins are constantly being released, so we’re definitely not short on choices! However, this can come with downsides, as with so many coins to choose from, it can be incredibly time-consuming and sometimes frustrating to research them and pick just a few to invest in.
To help you out, we’ve thoroughly researched and handpicked a selection of exciting new coins and tokens that you may be interested in buying during 2023. These coins have either been recently launched or are currently in the presale stage, so you’ll have the benefit of jumping in early with (usually) low prices if you do choose to invest in them. So, let’s begin!
How to Decide Which Cryptocurrencies to Invest In
As you may already know, there are already thousands of cryptocurrencies available to trade, and new ones are regularly being released. With all these choices, settling on just a handful of coins to invest in can be difficult. Of course, you can just make the easy choice of buying the market leaders, such as Bitcoin and Ethereum.
However, if you want a diversified and somewhat stable portfolio, then you’ll need to invest in multiple currencies. Both first-time and experienced traders struggle with this overwhelming amount of choices, so we’re here to help you simplify the process!
To begin with, you can investigate a handful of coins, such as the ones we’ve listed below, and head to their official websites. The first thing you should do is check out each coin’s whitepaper. This document outlines the features, uses, and technical specifications of the coin, as well as including important data and future plans for the project.
Using this whitepaper, you can gain a better understanding of the key attributes of the cryptocurrency. Additionally, if the whitepaper is concise and looks professional, then you can assume that the development team are taking this project seriously.
After you’ve read through the whitepaper, we suggest looking up the coin on a crypto marketplace such as CoinMarketCap to find out more information, such as the coin’s market cap, supply, and price. If you also want to find out the opinion that the crypto community has regarding certain coins, then we suggest looking them up through social media platforms such as Reddit, Twitter, and Discord.
Completing these steps can help you to significantly narrow down your choices. Once you’ve decided on a few new crypto coins that you’re interested in trading, the next step is to buy them! If this is your first time buying crypto, then you can benefit from the help provided by a crypto platform.
These platforms are a fantastic stepping stone for traders who are new to the market and are not entirely sure how to dive in. The key is to find a site that offers a quick and simple sign-up process. This way, you can easily get started on your crypto trading journey without unnecessary setbacks. Just remember to do plenty of research on the market and the coins you want to trade prior to investing your money. Before you know it, you’ll be a proficient trader with a diversified portfolio!
New Cryptocurrencies That You Can Buy Right Now
Want to try your luck with shiny new cryptocurrencies? Take a look at this list of five interesting coins that you can invest in right now!
1. Fight Out (FGHT)
Fight Out is an intriguing coin that aims to solve issues that persist in the fitness industry. The developers claim that gyms lack key social and community aspects that help provide motivation and enjoyment for those wanting to adopt a more active lifestyle. Based on the Move-to-Earn (M2E) concept, Fight Out rewards users for completing challenges and workouts through its companion app.
The coin’s presale ends on March 31st, and traders have already flocked to it. With an official app launch in Q2 2023 and further features being rolled out shortly after, such as NFT cosmetics, in-app social features, and earnable badges with perks, we are very hopeful for the future of this cryptocurrency.
2. RobotEra (TARO)
As the official token of a planet-rebuilding metaverse, TARO can be earned through exciting gameplay such as creation, exploration, minding, land management, and battle. Playing as an ambitious robot, you will be participating in developing a shared multiverse as you take part in events, find rewards through adventures, and complete challenges.
TARO can also be used to purchase robots or staked on RobotEra’s DAO (decentralised autonomous organisation). Here, you can contribute and share your ideas on maintaining this delicate ecosystem. This utility token is built on the Ethereum blockchain and has a total supply of 1,800,000,000.
Throughout 2023, the RobotEra development team are planning to introduce several additions, such as VR/AR compatibility, so we’re sure there’s no better time to purchase this coin than right now!
3. C+Charge (CCHG)
The goal of C+Charge is to build a robust Peer-to-Peer (P2P) payment system for electric vehicle charging stations built on blockchain technology. Traders can pay for EV charging with the C+Charge utility token – CCHG. C+Charge aims to make the use of electric vehicles easier and more rewarding, which can encourage more people to opt for this environmentally sustainable choice compared to standard vehicles.
The developers of this prophecy hope that eventually, C+Charge will be integrated into over 1.8 million charging stations around the world. This project has the potential to become widely successful due to the already increasing adoption of EVs worldwide. With the presale ending in March 2023, we suggest jumping on this asset sooner rather than later!
4. Grove Coin (GVR)
This eco-friendly project has been developed to become a driving force of change towards a more sustainable future in crypto. GVR is the native token of the Proof-of-state Grove coin blockchain, and all holders of this token have the opportunity to play an integral role in the ecosystem’s future developments through community engagement.
If you want to be a part of a project that aims to harness the fantastic opportunities of decentralised virtual currency in an environmentally conscious way, then Grove Coin may be the best new addition to your crypto portfolio!
5. Metropoly (METRO)
This cryptocurrency has been created to help traders profit from real estate. With an NFT marketplace, Metroploy allows traders to invest in real estate NFTs for as little as $100. The main goal of the developers is to make the real estate market more accessible for traders and make the entire process quick and hassle-free. If you want to earn passive income through real estate, then keep your eyes on Metropoly!
Conclusion
So, there you have it! Five fascinating coins that are new in the crypto space and have the potential to make you a profit. Just remember to do your own research on these coins before you start investing, and try consulting a financial professional if possible.
Overall, we’re happy to see the range of innovation and creativity among coins that have been emerging recently. The coins we’ve listed above all have unique use cases and purposes that attempt to improve the lives of citizens, businesses, or the world itself in one way or another. We believe it’s safe to say that we have a positive outlook on the future of the crypto world!