Not all investors have the patience or inclination for playing a long game and bidding their time until their portfolios start making profits. Many of them prefer life in the fast line and are looking for high-risk high-rewards cryptos to invest in. If you are one of them, we have got you covered.
All tokens on our list are new to the market, but have exceptionally high ceilings and hold a lot of potential. These coins represent the best high-risk high-reward cryptos on the market currently, poised to deliver insane ROI to early investors. Some of them are still in the presale phase, meaning you can buy them on the cheap before they hit the crypto exchanges and explode. This is what you need to know about them.
5 High-Risk High-Reward Cryptos to Invest in 2023 – Overview
- Wall Street Memes (WSM) – A Revolutionary Meme Coin
- Mr. Hankey Coin (HANKEY) – Shitcoin for Incredible Gains
- Chimpzee (CHMPZ) – Top Green Crypto on the Market
- Thug Life (THUG) – Baller’s Meme Coin
- ApeCoin (APE) – One of The Most Controversial Meme Coins On The Market
Wall Street Memes (WSM) – A Revolutionary Meme Coin
Wall Street Memes is taking the crypto world by storm. On the wings of a record-breaking presale and having raised more than $15 million so far, WSM is set for some massive growth as soon as it hits the open market. As soon as the presale ends and the token appears on crypto exchanges, early investors stand to make a bundle. Fortunately, there is still time to get on the bandwagon and make a killing with WSM.
WSM originated from the community gathered around the popular subreddit Wall Street Bets. With more than 2 million members, it is one of the most active Reddit communities and an incredibly tight-knit one. The subreddit grabbed the world’s attention when its members engaged in asymmetrical warfare against some of the biggest Wall Street firms in the GameStop scandal last year. Wall Street Memes is a physical representation of their defiance and fight against corrupted stock market institutions.
Mr. Hankey Coin (HANKEY) – Small-Cap Shitcoin for Incredible Gains
Mr. Hankey is the very definition of high risk high reward crypto. Fans of South Park will instantly recognize the name and the character from their favorite TV show. Mr. Hankey’s developers are proud of the characterization of their token as shitcoin and have fully embraced it. While not for everyone, this approach is guaranteed to gather a huge following among crypto enthusiasts.
Apart from the name and visual design, HANKEY is defined by several key features. To ensure a quick turnaround for early investors, the developers have opted for a fast presale to get to the pump as fast as possible. But even they didn’t expect it to last just 10 hours before all allocated tokens were sold out. HANKEY presale was one of the fastest in the crypto world, having sold out 40% of total supply in a record time. Listings have already begun so you can buy HANKEY on many premium exchanges
It is also backed by a huge marketing campaign and featured on various crypto sites, including Coingecko, DEX Screener, PooCoin, BeInCrypto, and others. Combined with a strong community being built around the token, this is an excellent way of creating a viral crypto with a huge earning potential.
Chimpzee (CHMPZ) – Top Green Crypto on the Market
It is not every day that you have the opportunity to do something righteous and earn some cash in the process. Chimpzee is one such rare occasion. It is a project that combines the protection of endangered species with earning opportunities for its users.
The project enables people to create a passive income stream through various apps like Chimpzee Shop, the NFT Marketplace, and the Zero Tolerance Game. Each is based on different mechanics, offering Shop2Earn, Trade2Earn, and Play2Earn opportunities respectively. All three are integrated into the main app and provide different ways of creating income.
All of these features are created with one goal in mind – to empower people to act while there is twill time and help prevent the worst effect of global climate change. To that end, 10% of Chimpzee’s total supply will go to charities that fight to protect nature. This makes CHMPZ a high reward crypto that can help transform your investment portfolio.
Thug Life (THUG) – Baller’s Meme Coin
If you want to be a gangsta in the crypto market and pimp out your money game, then Thug Life is a perfect token for you. It connects the world of crypto with the world of rap and offers a high risk high reward crypto investment opportunity to people who enjoy both of them. The goal of Thug Life is to create a community of likely-minded individuals who share the same values.
THUG has just finished presale, having reached its hard cap goal ahead of schedule. There are rumors that some famous rap and hip-hop artists are among the investors, having bought a huge number of tokens. One name that keeps popping up is Snoop Dog, which is known for his crypto adventures and various projects he supported in the past. Unfortunately, this can’t be confirmed and we won’t know for sure until the presale is over.
ApeCoin (APE) – One of The Most Controversial Meme Coins On The Market
A part of the Bored Ape ecosystem, ApeCoin attracted a lot of attention when it was launched last year. It was one of the most hyped-up meme coins on the market, but the general feeling is that it hasn’t quite lived up to its potential. That is why we feel it is a high risk high reward crypto that has the potential to earn a boatload of money for its investors or make them foreswear crypto investment for good.
One issue that is hampering the APE’s growth is the controversy surrounding the entire Bored Ape platform. A lot of people simply hate it and don’t want to have anything to do with it, let alone buy its token. On the other hand, there are plenty of those who wholeheartedly support Bored Ape. Time will tell which of these two groups will prevail and decide ApeCoin’s destiny.
Conclusion
High risk high reward tokens have always been present in the crypto market. In fact, at one point the entire market could have been classified as such. Today, we have safe investment options available that are fairly certain but will yield only modest returns. On the other hand, tokens like WSM, HANKEY, THUG, and CHMPZ bring higher risk, but also potentially fantastic ROI. That is why they are on top of our list of high risk high reward cryptos to invest in 2023.
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