New projects in 2023: 12 cryptocurrencies considered good
Cryptocurrency investors looking to make significant gains in 2023 may often keep an eye on new cryptocurrency projects because they offer a good opportunity to find new tokens at low prices. Although there are some risks due to the fact that the project may not succeed, it is often claimed that the risk/reward ratio is favorable to the investor.
Here are 12 cryptocurrencies that supposedly offer great opportunities right now:
- Alternative Signals (ASI)
- Metacomputer (MCADE)
- Ape Coin (APE)
- Livepeer (LPT)
- Balancer (BAL)
- Flax Finance (FRAX)
- PROXY EXCHANGE (PROXY)
- Grove Coin (GRV)
- Australian numerals (AUD)
- Mintra (MNTE)
- Rewards (Company)
- Skafley (FLIC)
Alternative Signals (ASI)
AltSignals is touted on Trustpilot as an established and highly successful online trading signals community, receiving very positive feedback. Since its launch in 2017, it has provided signals to over 50,000 community members. According to the team's statement, the platform released the AltAlgo™ indicator tool and automated trading API, which helped many cryptocurrency traders increase their portfolios by 10x in 19 of the 32 months.
To further improve the quality of transaction output, AltSignals has launched a new trading suite called ActualizeAI and launched a native ASI token designed to accelerate the newly developed. ActualizeAI combines machine learning and natural language processing (NLP) to simultaneously analyze different price indicators through predictive modeling, which processes historical information to adapt trends to the data, even before data is entered into the system. Since the entire process is driven by artificial intelligence, algorithms are constantly updating and learning to improve accuracy.
The ASI token will provide access to ActualizeAI-powered signals and access to the AI Members' Club. According to the team's statement, club membership opens the door to many benefits, including participation in trading tournaments where participants can win crypto prizes.
According to the team's statement, AltSignals ensures that investors of all abilities do not succumb to this volatile asset class by helping them navigate the painstaking learning process of crypto trading consistently and reliably. AltSignals' trading tools purportedly offer proven profitability designed to help professional traders maximize their potential returns, thanks to ActualizeAI's confirmation signal analysis of far more data than the human brain can analyze.
Why invest in ASI?
AltSignals claims to be leading the development of blockchain-based AI solutions. Its AI-powered cryptographic intelligence aims to take the AltAlgo™ metrics already claimed success rate to a whole new level, further boosting their claimed success rate.
The team believes that this could make the ASI token a new crypto asset that attracts investors to participate. Once again, the team believes that excellent utility and continuous improvement can provide potential returns for early investors.
ASI launched the pre-sale at $0.012 per token, but from this initial price, the availability of this new cryptocurrency is very limited. According to the team, in the seventh and final stage, the price will rise to $0.02274.
You can join the AltSignal presale here.
Metacomputer (MCADE)
Metacade aims to build the world's largest Web3 arcade and offer players a variety of "earn while playing" games in one place. According to the team, Metacade is considered one of the most exciting new GameFi developments in 2023, offering a comprehensive and fun gaming experience and rewarding players for their progress in the game.
In addition, Metacade aims to be a hub for community members to take their careers to the next level and win over the Web3 game developer community. Social creators can earn cryptocurrency rewards by contributing to the platform through game reviews, alpha sharing, and more. Meanwhile, the Work2Earn program, which is expected to launch in 2024, will focus on providing its community with some Web3 job opportunities available on the internet.
Metacade's innovative Metagrants program will play a vital role in the development of new P2E games. Developers will be able to submit their new games to the MCADE community, and they will be able to vote on the proposals that appeal to them the most. These Metagrants are only awarded to the developers with the highest ratings to support the creation of new games for Metacade.
Other benefits that the Metacade community can enjoy include earning crypto rewards for their time, effort, and reviews by providing feedback to developers while the game is undergoing beta testing.
You can join the Metacade pre-sale here.
Why invest in MCADE?
Recently, Metacade launched its native MCADE coin during a pre-sale event, raising $11.8 million in investment in a short period of time. According to the team, investors have shown interest in it due to its wide range of uses in the Metacade ecosystem.
The beta pre-sale of MCADE tokens started at $0.008 per token and is currently priced at $0.0185, according to the team, the price will rise to a final value of $0.02 as the pre-sale proceeds. According to the team, these tokens are expected to run out soon. The team claims that investors buy MCADE tokens for a limited time at the lowest possible price and receive a token that has the potential to become one of the crypto assets they can add to their portfolios this year.
Ape Coin (APE)
ApeCoin was launched as the native ERC-20 token of the famous Bored Ape Yacht Club (BAYC), one of the world's successful meme coin communities that has grown in popularity since its launch in 2022. Yuga Labs recently raised $320 million through a virtual real estate land sale that allows APE coin holders to purchase land in the Otherside metaverse.
While ApeCoin is not a new cryptocurrency, its shift to the metaverse could take ApeCoin to the next level and significantly enhance and improve the services it provides to its community. Otherside is a popular "multiplayer online role-playing game" (MMORPG) and a metaverse game that can become a metaverse in the virtual world, and can bring more benefits to APE tokens by integrating it into the BAYC ecosystem.
Launched in March 2022 and reaching a trading volume of 1 billion coins, APE could quickly become a success story at the start of the bear market in 2022. Due to the rapid growth of the market cap, APE may have attracted more interest than previously issued meme coins.
Why invest in Asian Pioneer Entertainment?
ApeCoin quickly caught the attention of NFT crypto enthusiasts by introducing the highly sought-after membership system to BAYC and its younger brother, the Mutant Ape Yacht Club (MAYC). The team believes that this privilege offered by both clubs is a significant step forward in providing additional value to APE-backed NFTs compared to other clubs in the crypto market.
The platform's entry into the metaverse is likely to increase crypto enthusiasts' willingness to join, with more opportunities to sell products and advance the development of decentralized Web3 applications. According to the team's statement, the shift to the metaverse space, which has already reached a considerable market cap, could provide the coin with more room to grow, making it one of the popular cryptocurrencies on the market right now.
Livepeer (LPT)
Launched in 2017, Livepeer harnesses the power of blockchain technology to empower content creators on centralized streaming platforms like YouTube or Twitch, aiming to become the first fully decentralized live video streaming network protocol in the market.
As the desire for live streaming and 24/7 content consumption continues to grow, Livepeer aims to enable producers to take advantage of the decentralization benefits offered by blockchain technology, providing content creators with a more efficient and streamlined way to present their work directly to the platform.
It was disclosed that Livepeer offers users various opportunities to join the platform, offers pay-as-you-go content consumption, and allows creators to monetize their content. In addition, all technology service manufacturers can expect auto-scaling video, uncensored, real-time reporting, and video-enabled dApps. All of this has helped Livepeer disrupt the world of live video streaming and position itself as a market leader in the industry.
Why invest in LPT?
Local LPT tokens are likely to become an increasingly popular asset as cryptocurrency investors and live streaming fans adapt to the advantages of decentralizing video streaming and putting power in the hands of content creators rather than multinational tech giants.
Described as an ERC-20 token, LPT looks set to have growth potential in the coming years as video publishers realize the transformative power of blockchain technology. The team believes that Livepeer has positioned itself as an industry pioneer, so the trading volume and token price (currently at $5.83) have huge potential and could rise significantly in less than eight weeks.
Balancer (BAL)
Balancer was developed on the Ethereum blockchain and launched as an automated market maker (AMM) in March 2020. Balancer raised $3 million during the pre-sale event to develop a self-balancing portfolio, a protocol that acts as a liquidity provider and price sensor. Users can earn profits through the recently launched BAL token by contributing to a customizable liquidity pool.
Balancers operate three types of mining pools: private mining pools provide owners with full management of mining pools, making them the sole contributors to exchange liquidity and allowing them to fully set the parameters of mining pools.
Shared pools are available to users who want to become liquidity providers with other users and earn rewards in Balancer Pool tokens (BPT). At the same time, smart mining pools are similar to private instruments, but are controlled by smart contracts. BPT is also used as a reward mechanism for smart mining pools, allowing anyone to contribute liquidity to the pool.
Why invest in BAL?
BAL was launched as a native token and a channel for Balancer, and users can earn passive income provided to users on a weekly basis by adding to their liquidity pool. The BAL token also increases the decentralization of the platform and gives its holders the right to vote on future strategies.
Its current price tag of $6.36 isn't the first DeFi protocol to use AMM, but it could be an attractive value for the platform, which brings a new way to support liquidity. The team believes that this new approach will boost Balancer's reputation as a DeFi solution and therefore likely attract investor attention in 2023.
Flax Finance (FRAX)
Frax was promoted as an open-source, fully on-chain, permissionless DeFi protocol that produced the first fractional algorithmic stablecoin system. Fralx's ultimate goal is to provide a highly scalable, fully decentralized algorithmic currency to replace fixed-supply digital assets like Bitcoin.
Various concepts are included in Frax, including fractional algorithmic stablecoins, one part of their supply is backed by collateral like other stablecoins, and the other part of the supply is algorithmic. The ratio of the two depends on how the market prices the FRAX stablecoin. When FRAX exceeds $1, the margin rate decreases, while if the trading price is below $1, the margin increases.
In addition, the platform is a hosting community without a central control center and uses on-chain oracles, Uniswap, and Chainlink entirely.
Why invest in FRAX?
The FRAX protocol is described as a community-driven coin with a unique design. More than 60% of the supply is provided to liquidity providers and investors over a few years, who invest through its fully decentralized protocol and on-chain governance.
The team believes that the structure of FRAX could lead the team to buy FRAX for investors looking for stability, using the world's only fractional algorithm stablecoin.
PROXY EXCHANGE (PROXY)
Proxy Swap is a platform that allows investors to exchange digital assets for a second token without the need for a centralized exchange. MetaMask provides users with a high degree of privacy because it allows transactions without the need for a public address.
The key feature of Proxy Swap is that the platform allows the exchange of any token listed on Uniswap, which means that any token available on UniSwap can be traded using Proxy Swap, making it one of the most versatile and useful token exchange platforms. All users will need a MetaMask wallet to access proxy exchanges and will rely on Ethereum to access smart contract facilities to provide fast, secure, and reliable token exchanges.
In addition to providing anonymity services for individual merchants, businesses can also leverage Proxy Swap's confidential token, which enables them to conduct secure and anonymous transactions on Ethereum's blockchain, protecting sensitive financial information.
Why invest in PROXY?
The team believes that decentralized trading opportunities and the privacy provided to PROXY token holders make Proxy Swap an attractive investment opportunity for users who want to make direct transfers and remain anonymous without the intervention of a central authority.
The true value of PROXY tokens may emerge as new features are released, such as mobile apps, beta staking platforms, and transferring Ethereum to other wallets without leaving a trace. In addition, owning PROXY tokens unlocks the voting power of community members in governance decisions. According to the team, this could make the current $0.003408 a good investment spot.
Grove Coin (GRV)
Grove Coin is a rebranding of Grove Token, a decentralized and secure crypto asset designed to help protect the future of the planet. Grove Coin's stated mission is to create wealth for all GRV coin holders by leveraging the opportunities offered by an environmentally conscious, secure, fully decentralized digital currency.
As concerns about the environmental impact of cryptocurrency mining become a real-world issue, Grove Coin aims to become the number one green payment system (GGPS) in the world by focusing on mining-free ecological blockchain solutions. The result is an eco-friendly token that functions similarly to Bitcoin (BTC) as a digital currency with a strong emphasis on supporting eco-friendly crypto projects similar to carbon credits.
Grove Coin launched its own Grove Chain as part of its built-in utility to scale the GRV token. This blockchain, powered by the Binance Smart Chain, significantly increases the likelihood of being available to GRV coin holders.
Why invest in GRV?
The GRV token is a revolutionary list of new cryptocurrencies designed to mimic Bitcoin's functionality by providing an eco-friendly channel for investors, developers, and traders concerned about the ecological viability of cryptography.
The money raised from GRV is also invested in renewable energy projects, solar farms and hydroponic agriculture, meaning communities can also benefit from GRV's investment. With a current price of $0.7084 and a low trading volume, the team believes that it looks like it has huge room to grow as the blockchain industry continues to focus on environmental sustainability.
Australian numerals (AUD)
Aussie Digitals is launching a new game-changing ecommerce ecosystem that provides users with the tools to build and maintain a successful online ecommerce store. Two important processes form the basis of the platform, which are at the heart of Aussie Digital's approach.
The first is to enable users to create an e-commerce ecosystem that includes a powerful online store builder packed with powerful digital marketing tools, as well as a B2B commerce platform that unleashes the power of social media in groundbreaking ways, as well as other services previously unused in the decentralized blockchain e-commerce industry.
Secondly, the native AUD coin is an ERC-20 digital coin that, when combined with the Aussie Digitals ecosystem, can provide new opportunities for customers and businesses that are not currently available through centralized or traditional online e-commerce providers.
Why invest in AUD?
According to the team's statement, Aussie Digitals' native Australian dollar coin will put the company's Tradezy platform and Tradedo cryptocurrency exchange on the listing, making it easy for e-commerce businesses to accept multiple different cryptocurrencies as valid currencies for their goods and services.
Prior to March 13, the initial exchange offering (IEO) price for the Australian dollar was $0.01. The total supply is 50 million tokens, 60% of which are sold to the public. The team believes that the Australian dollar has the potential to revolutionize and disrupt the traditional e-commerce market and could be a good option for individual investors.
Mintra (MNTE)
Mintera is a new cryptocurrency project that aims to bring a climate-friendly financial ecosystem to the world of blockchain-powered DeFi solutions. The platform aims to create a sustainable hub of crypto investment services and products for a new group of climate-conscious audiences and investors. The glue that holds everything together is Mintera's utility token, MNTE.
The founding principle behind Mintera is to create digital investment services that promote sustainability, have a positive impact on the environment, and enable investors to access safe, informed global opportunities.
The MNTE token is an ERC-20 token that supports the Ethereum blockchain on which Mintera will run, and token holders can enjoy several benefits. These include exclusive access to Mintera's green investment products and the added benefit of being part of the MNTE community. In addition, MNTE token holders will directly fund aggressive environmental actions and participate in governance votes that determine the future direction of the platform.
Why invest in MNTE?
The MNTE presale began with a beta presale on February 1, with the first full round on March 1 and the second round on April 1. MNTE is currently priced at $0.14 for the first round, which will continue to increase throughout the pre-sale phase.
Half of the total supply of 65 million tokens will be used for the pre-sale, which will end on June 1, 2023, and the first Mintera investment product will be launched 14 days later. According to the team, the low price during its pre-sale and the launch of DeFi investment products with a new eco-friendly slope could make MNT a crypto asset that attracts investors' attention.
Rewards (Company)
Launched as a new token that embodies utility and governance, Incentive supports a range of crypto projects, some of which are already complete and others that are not yet fruitful, allowing incentives to be used to support collaboration.
It forms the basis of the INC survey, a survey protocol that allows the INC to conduct a survey to gather opinions and feedback on the characteristics of the project and the overall brand, while also providing incentives and rewards to participants.
While Incentive is an entity specifically designed to innovate the way companies and projects interact with their communities and user bases, the decentralization, cross-border capabilities, automation, and security offered by Incentive make it extremely attractive to users. In addition, this appeal is further increased because ETA transactions can be used as an alternative payment method, and users do not need an existing INC balance to pay for gas transactions.
Why invest in INC?
INC's current ICO has an inspiring project roadmap that the team claims will end at the end of March 2023, when INC tokens will be launched on the most popular exchanges.
While INC will be available at this stage, several features that the development team plans to roll out in 2023 and 2024 will include a responsive interface, an event panel that allows users to search for events and participate in surveys for rewards, and more.
The team believes that this will significantly increase the utility built into INC, and that the value could soar in the coming months and years as the project evolves.
Skafley (FLIC)
Skaflic is building the first blockchain-powered online marketplace that offers its users the ability to buy, sell and trade shares in exchange for e-commerce shares via cryptocurrency. This innovative marketplace will harness the power of blockchain, allowing users to buy and sell equity in e-commerce stores using digital currency instead of fiat currency.
The user-friendly and interactive design of the platform will allow users to easily navigate directories, track records, and conduct transactions without the intervention of a central authority. Skaflic's overall goal is to provide a new investment philosophy that protects capital investments while providing investors with greater opportunities for growth.
Located on the Binance Smart Chain, the platform uses smart contract protocols and algorithms to sort, filter, and list available stake stores. These are then offered to investors through ICOs to maximize their returns and investment potential.
Why invest in FLIC?
The native FLIC coin is a medium of exchange, utility, and governance token for the Skaflic platform and is currently in the pre-sale phase. The FLIC pre-sale began on February 6 and will run through March 15, when Skaflic hopes to raise $30 million in investment.
The current price is $0.01 per FLIC token and is only valid for a limited time during the pre-sale period; The team believes that this could indicate that investors may want to look into this new cryptocurrency to ensure they make the most of it.
How to discover that new cryptocurrencies are on the rise?
Investors who want to identify the latest rising cryptocurrencies can find relevant information in various places.
Coinmarketcap is a resource for up-to-date information on pre-sales and public sales of promising new crypto assets. Coin Gecko is another reliable and valuable resource for tracking new coin lists.
Other ways to stay informed include finding relevant trading groups on Discord servers and Telegram, searching Google for "cryptocurrency presale opportunities," and following social media platforms like Twitter and TikTok.
What are the advantages and disadvantages of investing in a new cryptocurrency?
As with any investment process, there are pros and cons to investing in coins. Benefits include the sense of companionship gained by being part of a growing community and the feeling of having something that grows. In addition, of course, it also has the potential to make significant gains as the token grows in popularity and the opportunity to buy it at a discount compared to other crypto assets.
On the other hand, the crypto market is known to be highly volatile, and new cryptocurrencies react more to market conditions than more established currencies. Also, there is no guarantee that a new crypto project will rise immediately. Patience and understanding are required, overnight fame in the crypto world is the exception, not a rule that ensures maximum profit.
Conclusion – What is a good cryptocurrency worth buying?
There may be compelling arguments behind several new digital currencies listed here, making them potentially reliable investments. However, the adoption of artificial intelligence technology along with existing platforms and a range of trading services could make AltSignals' ASI token a potential investment.
Metacade ranks second, with its multi-gaming GameFi channel designed to shake up the blockchain gaming industry, while MCADE hopes to reward early investors in the coming months and years.
Frequently asked questions about cryptocurrencies
Is a new cryptocurrency a good investment?
If the best new coins are bought in the early stages of their existence, during crypto pre-sales, or before they rise after listing, they can be a good investment.
It can take time for new cryptocurrencies and projects to gain a foothold in the market, so investors may not reap the rewards overnight. However, it should be noted that, as with all investment opportunities, there is no guarantee that the latest cryptocurrency will succeed.
How are cryptocurrencies created?
The new tokens are minted through blockchain mining. This process involves using computer power to solve complex mathematical problems that led to the creation of digital currencies.
Which cryptocurrency will rise in 2023?
It is never possible to determine a particular cryptocurrency that will rise. However, recommendations can be made based on various metrics such as project roadmap, project support, and potential.
Given these factors, it seems that AltSignals' ASI token is a candidate for growth in 2023, while Metacade's MCADE token may also have potential.
What is a cryptocurrency listing?
A cryptocurrency listing is when a centralized or decentralized exchange offers trading pairs for a particular coin. This usually happens after a pre-sale event called an initial coin offering (ICO), which is best used to profit from new crypto projects.
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