Home Cryptocurrency Best New Cryptocurrencies to Buy in 2023
Alan Draper

The cryptocurrency market continues to enter the mainstream, even after the remarkable price decreases in recent months. However, as with all markets, crypto is cyclical – meaning new crypto coins are set to enter with the potential to help the market rebound.

This guide discusses a selection of the best cryptocurrencies to watch in the months ahead, touching on their use cases and price potential before highlighting how to invest in new crypto projects today – using a laptop, tablet, or smartphone.

Best New Cryptocurrencies to Invest In 2023

New crypto listings are constantly springing up, with many offering innovative use cases within various niches. Below are ten of the best new cryptos to be aware of this year – all of which will be analyzed in the following section.

  1. Wall Street Memes (WSM) – Overall Best New Cryptocurrency of 2023
  2. BTC20 (BTC20) – Ethereum-Based Bitcoin Following Bitcoin’s Tokenomics
  3. Evil Pepe Coin (EVILPEPE) – New Cryptocurrency Banking on Pepe Coin’s Fame
  4. Chimpzee (CHMPZ) – New Cryptocurrency With Multiple Earning Mechanics
  5. yPredict (YPRED) – An AI-Powered All-in-One Ecosystem for Traders/Quants/Developers
  6. DeeLance (DLANCE) – New Cryptocurrency For Freelancers
  7. Launchpad XYZ (LPX) – An All-in-One Web 3 Crypto
  8. Pepe Coin (PEPE) – Token that Started the Memecoin Mania in 2023
  9. ApeCoin (APE) – Popular New Coin with ‘Meme Coin’ Potential
  10. Decentraland (MANA) – Best New Cryptocurrency in the Metaverse Niche
  11. IOTA (MIOTA) – Newest Crypto to Watch for ‘Internet of Things Applications
  12. GALA (GALA) – Best New Crypto Crypto in the Blockchain-Gaming Niche
  13. Avalanche (AVAX) – Top Blockchain Project with High Scalability
  14. Loopring (LRC) – Prominent Layer-2 Solution for Ethereum
  15. SushiSwap (SUSHI) – User-Friendly DEX with Passive Income Opportunities

An In-Depth Look at the Best New Cryptos to Invest in

The best new cryptocurrency projects listed above were found to offer compelling use cases, a stellar roadmap, and excellent value potential for the months and years ahead. With that in mind, let’s explore each of these new crypto listings in turn, covering what they are and how they work:

1. Wall Street Memes (WSM) – Overall Best New Cryptocurrency of 2023

Inspired by the Reddit group Wall Street Bets,  Wall Street Memes is a memecoin project that aims to capitalise on the memecoin mania by giving people an investment option that they can get behind by forming a community. Holding true to the tenets of Gordon Gecko of “Greed is Good”, this project aims to mobilize the community to hype up a memecoin so that it could surpass a $1 billion market capitalization someday.

Wall Street New Cryptocurrencies

Bearing no standard utility, Wall Street Memes’s value is drawn only from its virality. Leveraging the power of social media platforms, Wall Street Memes already has 1 million followers across four social media sites, with engagement from the likes of Elon Musk as well.

Wall Street Memes’s Twitter page houses a large number of memes that add humour to the current financial ecosystem. That has helped it to foster a positive community sentiment, fueling its presale.

Close to $17 million has been raised in this presale already, and the hard cap is set at $20 million. If the token’s current momentum keeps up even after the presale conclusion, a major listing pump is possible, bringing potentially 10x gains to early investors.

Buy WSM Now

2. BTC20 (BTC20) – Ethereum-Based Bitcoin Following Bitcoin’s Tokenomics

Mirroring Bitcoin’s 2011 moves is a cryptocurrency known as BTC20, an Ethereum-based Bitcoin that aims to bring all the investment goodness of the original crypto inside a green ecosystem. This token mirror’s everything from Bitcoin, except for one difference – it has operated for Proof of Stake instead of Proof of Work.

BTC20 Crypto Presale

BTC20 is creating a stake-to-earn platform, allowing users to earn staking rewards in the same way as miners, albeit with little to no hardware requirements. There are 21 million BTC20 in total, out of which 6.05 million are being sold on a presale in which the price of each token is $1. The remaining 14.95 million will remain locked in a liquidity contract, to be released to stakers as APY rewards over a period of 120 years.

The token’s close resemblance to Bitcoin in terms of functionality and tokenomics adds to its scarcity.  And being a green asset, it can potentially bolster the crypto adoption rate. While with no apparent utility, BTC20 is still moving strongly in its presale, raising more than $700 million within three days.

Buy BTC20 Now

3. Evil Pepe Coin (EVILPEPE) – New Cryptocurrency Banking on Pepe Coin’s Fame

Evil Pepe Coin represents the FOMO that drives people to invest in tokens that they subconsciously know are rug pulls or have high volatility. That was the reason why many who recognized the memecoin mania late were left holding back when Pepe coin dropped from its $1 billion market capitalization.

Evil Pepe Coin

Evil Pepe Coin does not want to simply retread the path but seeks to offer memecoin seekers an early investment opportunity. As a token with no utility, its main goal is to be a viable investment asset, and it hopes to reach a $100 million market capitalization.

Currently available as a presale with the hard cap set to $1.99 million, Evil Pepe Coin (EVILPEPE) has already raised more than $200,000. The countdown to the presale’s last date has begun, giving early movers a limited window to invest early.


4. Chimpzee (CHMPZ) – New Cryptocurrency With Multiple Earning Mechanics

Chimpzee is a green crypto project that leverages the power of NFTs, DeFi and a P2E ecosystem to protect endangered species and combat climate change. Offering three earning mechanics, Chimpzee aims to create a profitable ecosystem in which altruism does not go unrewarded.

Chimpzee new Crypto

These three earning mechanics are

  • Chimpzee Shop – Chimpzee implements its Shop-to-earn mechanic through this shop. Users can buy Chimpzee merchandise through this shop and earn CHMPZ tokens. A percentage of the profits will also be donated to organizations that protect endangered animals.
  • NFT Marketplace – The NFT Marketplace is how Chimpzee implements its Trade-to-Earn mechanic. Those who hold the Chimpzee NFT passport will receive a share of the trading fee from the profit pool. Actively trading on the marketplace will bring more rewards to users.
  • Zero Tolerance Game – Chimpzee Zero Tolerance Game highlights “zero tolerance” for harm against the climate and the environment. With this P2E mechanic, players will earn a set of CHMPZ tokens upon reaching a certain milestone.

These factors are contributing to making Chimpzee’s current presale a success. Close to $1 million has been raised so far at the price of $0.000775 per CHMPZ token. The countdown to the next presale phase has started. Upon completion, the price will increase to $0.00085.


5. yPredict (YPRED) – An AI-Powered All-in-One Ecosystem for


yPredict is an AI-driven ecosystem created for developers, analysts, quants and traders. Providing facilities such as AI signals, sentiment analysis, technical analysis and chart pattern recognition, yPredict aims to deliver state-of-the-art predictive models that can give traders an unbeatable edge in the market.

yPredict best crypto

Powering this project is the YPRED token, which powers a rising number of AI products that yPredict is introducing.

These include the Backlink estimator, which predicts the number of backlinks of a website. With yPredict editor, users can streamline their workflow and assess the quality of their content holistically.

yPredict Analysis is a tool that offers automated chart pattern recognition and transaction data analysis for trades, and with yPredict predictions, traders can predict the price action of an asset.

With utilities like these, yPredict is poised to become a major player in the AI crypto niche.

Currently available as a presale, yPredict has raised upwards of $3 million already and is inching closer to closing its 7th presale stage.


6. DeeLance (DLANCE) – New Cryptocurrency For Freelancers

DeeLance is a crypto catering to an ec system set to revolutionize the freelance industry. Its decentralized approach answers the critical questions relevant to this niche – are freelancers paid correctly? And is there a fair ecosystem for a freelancing community?


Leveraging blockchain technology, DeeLance offers a new way to collaborate. it offers a platform that connects employers with the best worldwide trading. The added benefit of transparency and security of blockchain tech is completed by more efficiency and less cost.

The platform’s second offering is the Metaverse, a virtual space where clients and freelancers interact with each other. It is the centre of networking that facilitates global collaboration, providing tools to foster efficient remote work and global business.

Each work sample can be tokenized and put on the NFT marketplace, allowing freelancers to hold legal ownership over them. And with this tokenization also extending to the work projects, the ownership can be transferred from freelancers to clients in a transparent fashion.

The crypto powering this dynamic project, DLANCE, is a utility asset currently available as a presale. Over $1.5 million have already been raised, and the presale’s conclusion is on the way.


7. Launchpad XYZ (LPX) – An All-in-One Web 3 Crypto

Launchpad XYZ is an al encompassing Web 3 ecosystem that provides a springboard for NFT projects, Dapps, presales, and more. The platform’s focus is on educating the masses about crypto trading through a trove of articles and research papers while providing them with Trading Edge, a unique analysis tool that combines all marketing insights to inform investors about the best investment asset.


Its approach to Web 3 is informed by artificial intelligence that Launchpad XYZ uses to drive decision-making frameworks for its user base. Helping with this is a unique parameter – LQ.

Also known as Launchpad Quotient, LQ is a score that combines 400 data points to assess the best NFT, the best presale crypto and the best cryptocurrency to invest in.

Brands can also leverage Launchpad XYZ’s facilities to create Web 3 experiences for their consumers.

This all-encompassing approach to the Web 3 ecosystem is fueling Launchpad XYZ’s current presale. With over $1.1 million raised already, this project’s native token – LPX – is steadily selling off.

Buy LPX Now

8. Pepe Coin (PEPE) – Token that Started the Memecoin Mania in 2023

Pepe Coin is not a new crypto anymore. Being responsible for the advent of memecoin mania, this token has gone through more action than most go over the span of years.

Pepe Coin new Crypto

Launched in the middle of April, Pepe Coin leveraged the viral factor of Pepe the Frog meme to grow in price by 83,000%, reaching a $1 billion market capitalization before correcting.

It paved the way for other memecoins, such as Turbo and WOJAK – both of which went on to gain similar trading volumes before retracing. However, the correction hasn’t resulted in Pepe Coin bottoming, with the token currently consolidating around the $0.0000015 mark.

APE logoApeCoin is one of the best new cryptos with ‘meme coin’ potential, thanks to its inherent links to the Bored Ape Yacht Club (BAYC) NFT collection. As many investors will know, this collection has taken the NFT market by storm over the past year, building a cult-like following and being owned by A-list names like Eminem and Logan Paul. Due to ApeCoin’s connection to this phenomenon, the coin already has colossal community backing.

ApeCoin price chart

ApeCoin will become the native token of BAYC’s upcoming virtual world, ‘The Otherside’. Moreover, APE has already been integrated into other blockchain-based games, such as the Play-to-Earn enterprise Benji Bananas. Although other use cases are scarce, APE could be one of the best new crypto coins for value potential and the fastest growing cryptos.



Cryptoassets are a highly volatile unregulated investment product. 

10. Decentraland (MANA) – Best New Cryptocurrency in the Metaverse Niche

MANA logoAlthough not technically a ‘new’ cryptocurrency, Decentraland remains one of the best altcoins to buy and most talked-about projects within the metaverse niche. Put simply, Decentraland is a virtual world built on the Ethereum network that allows users to create their own avatars and make pretty much anything. The great thing is that users’ creations can then be structured as NFTs and sold on the in-world marketplace.

MANA price chart

Transactions take place using MANA, Decentraland’s native transactional token. This new crypto today has already generated massive appeal with the gaming community, reaching a remarkable 18,000+ daily active users towards the end of 2021. Although the hype has died down recently, Decentraland remains one of the newest crypto coins with sky-high potential within the metaverse space.



Cryptoassets are a highly volatile unregulated investment product. 

11. IOTA (MIOTA) – Newest Crypto to Watch for ‘Internet of Things’ Applications

IOTA logoIOTA is the latest cryptocurrency to revolutionize the ‘Internet of Things’, a catch-all term used to describe all of the devices that can connect to the internet. This crypto project looks to solve the scalability issue inherent with the growth of the IoT concept, using what’s known as ‘The Tangle’. This is similar to Bitcoin’s distributed ledger technology, yet without the mining aspect.

IOTA price chart

Not only does this reduce energy expenditure, but it also removes transaction fees on the network whilst remaining super-fast. IOTA will allow hundreds of devices to send information to each other without the need for a centralized intermediary. Now that IOTA’s team has formed partnerships with leading brands like Bosch and Volkswagen, we may see this project expand further in the months ahead.



Cryptoassets are a highly volatile unregulated investment product. 

12. GALA (GALA) – One of the Best New Cryptocurrencies in the Blockchain-Gaming Niche

GALA logoGALA is an ERC-20 token native to the Gala Gaming ecosystem – a platform that hosts blockchain-based games with play-to-earn (P2E) features. By achieving specific in-game objectives, users can earn GALA – thereby monetizing their skill. In addition, Gala Games also incorporates NFTs into its offerings, which can then be traded on secondary exchanges.

GALA price chart

Although GALA currently runs on Ethereum, this new cryptocurrency today has announced that it will be launching its own blockchain soon. This new blockchain, titled ‘GalaChain’, will offer lower transaction fees and high scalability. Due to the better user experience this chain will offer, GALA could be the best new crypto to invest in within the blockchain-gaming niche.



Cryptoassets are a highly volatile unregulated investment product. 

13. Avalanche (AVAX) – Top Blockchain Project with High Scalability

AVAX logoAvalanche is a new cryptocurrency to invest in that looks to rival the likes of Ethereum within the blockchain sector. This blockchain network uses three chains rather than one, significantly improving scalability. What’s more, Avalanche also offers low transaction fees – an issue which has plagued the Ethereum network for years.

AVAX price chart

Aside from being highly scalable, Avalanche also supports smart contracts, meaning dApp developers can host their platforms on the network. Avalanche’s native token, AVAX, is used to pay transaction fees but can also be staked to earn up to 10% APY per year.



Cryptoassets are a highly volatile unregulated investment product. 

14. Loopring (LRC) – Prominent Layer-2 Solution for Ethereum

Loopring logoIn terms of new cryptocurrency releases for 2022, Loopring has already made itself known to numerous mainstream media outlets and social media sites. Put simply, Loopring is a Layer-2 scaling solution designed to work with the Ethereum network, thereby increasing scalability and lowering fees.

LRC price chart

Loopring’s primary use case is for building order book-based DEXs on Ethereum with fast transaction speeds. These DEXs operate much like centralized exchanges, except they keep the positive benefits associated with decentralization. Since Loopring can handle roughly 10x more transactions per second than Ethereum, this network has already become a viable alternative to the first movers in the space.



Cryptoassets are a highly volatile unregulated investment product. 

15. SushiSwap (SUSHI) – User-Friendly DEX with Passive Income Opportunities

SushiSwap logoSushiSwap is a decentralized exchange that has already built up a reputation for the passive income potential that it offers. This DEX uses ‘liquidity pools’, which allow investors to contribute their coins and generate a share of the collected transaction fees. These pools are facilitated using smart contracts, making them safer and less prone to cyberattacks.

SUSHI price chart

SushiSwap is hosted on the Ethereum network, meaning that hundreds (if not thousands) of ERC-20 tokens are offered within this ecosystem. The native token of the DEX, SUSHI, is used to handle governance proposals since the platform functions as a DAO. As more and more people trade crypto, platforms like SushiSwap are expected to continue growing – ensuring SUSHI is a substantial part of our list of new cryptocurrencies with high potential.



Cryptoassets are a highly volatile unregulated investment product. 

How to Find New Cryptocurrencies

Looking for a new cryptocurrency to invest in can be time-consuming, especially for newcomers to the market. Fortunately, several approaches can help streamline the process and highlight high-value projects:

  • Research upcoming presales and ICOs: Crypto presales and ICOs are an excellent way for risk-seeking investors to gain early exposure to a project. These phases occur before the coin has established itself in the market, so prices can often be volatile. However, many ICOs have gone on to reach incredible heights – providing enormous returns for investors.
  • Keep tabs on social media: Social media has emerged as a fantastic resource for investors looking to find new cryptocurrency today. Outlets like Twitter and Reddit have become a hub for an in-depth discussion on new projects, with the real-time nature of these platforms providing a great way to stay up-to-date with investment opportunities. Investors can check out our guide on the best trending crypto on Twitter.
  • Utilize crypto media outlets: Finally, online media outlets have also become a go-to source of information on the best new crypto to invest in. Many outlets will feature interviews with members of a project’s development team, helping provide a first-hand look at how the hottest cryptos are progressing.

How We Research the Best New Cryptocurrencies

When determining which new cryptos to watch, we scoured the market and utilized various approaches to ensure that the projects we have mentioned are high quality and do not constitute ‘pump and dump’ schemes. The crypto market has unfortunately become scattered with these ‘get rich quick’ schemes, making in-depth research more important than ever.

We used Twitter and Reddit to find trending cryptocurrencies which were garnering lots of attention from retail traders. Once a shortlist had been made, we looked into each project individually, analyzing their use cases and whitepaper. Importantly, we examined each project’s development team to ensure they had the required skills to lead the project forward.

New crypto coins

Each project’s roadmap is also crucial since this is what informs a coin’s longevity. If the roadmap discussed elements like CEX listings or in-person events, this was viewed as a positive sign, as these help boost awareness dramatically. Finally, we also examined how each coin will work from a supply sense, looking for built-in ‘burn’ mechanisms which help make coins deflationary rather than inflationary. 

Can New Cryptocurrencies Be a Good Investment Opportunity?

Can you make money with cryptocurrency? Given the information presented up until this point, can the best new crypto coins be considered a good investment opportunity? Let’s take a look at three key reasons why this might be the case: 

New & Exciting Use Cases

Although the cryptocurrency market is still young relative to other asset classes, it has been around for many years, meaning certain areas have already been covered. This is where the newest cryptos come in, as these often showcase innovative ideas that nobody has thought of before. As such, they usually have tremendous potential – making them a viable opportunity for speculative investors. 

Potential for Huge Returns

Naturally, investing in the best new cryptocurrencies provides a platform for exceptional returns to be made in the cases where the project takes off. A great example of this is Lucky Block, which made quadruple-digit returns for investors after launching on PancakeSwap in early 2022. Although the overall market remains bearish, investing in new crypto today can be a great way to achieve market-beating returns.

LBLOCK returns 

Scope for Regular Passive Income

Finally, many of the newest cryptocurrencies are now offering unique ways for investors to generate passive income. One of the most popular ways is ‘static rewards, offered by coins like DEFC, that use taxation to provide the funds for regular income streams.

Readers may also be interested in our guide to the best NFTs to buy – a new emerging asset class alongside cryptocurrencies.

Where to Buy New Cryptocurrencies?

eToro logoAs our list of new cryptocurrencies has shown, there are many projects to be excited about in the weeks ahead. Investors seeking exposure to these projects may wish to partner with eToro, our recommended platform for cryptocurrency investing. eToro has built up a stellar reputation within the industry, boasting over 26 million clients and featuring regulation from the FCA, ASIC, CySEC, FinCEN, and FINRA.

eToro offers more than 75 cryptocurrencies to invest in, including a selection of top altcoins and DeFi tokens. Many of the newest crypto coins on our list can be purchased using eToro, with only a 1% transaction fee per trade (plus the spread). Notably, eToro offers a ‘fractional investing’ approach, meaning investors can open positions from as little as $10.

eToro crypto

The deposit process with eToro is seamless, as the minimum funding threshold is only $10. Users can make deposits for free via credit/debit card, bank transfer, or e-wallet – with full support for PayPal integration. The trading process is also seamless, thanks to eToro’s user-friendly mobile app, which feature numerous order types and instant price alerts.

eToro users can also store the newest cryptos in eToro’s free crypto wallet app, which supports hundreds of assets. This app can be downloaded on iOS or Android and features advanced standardization protocols and DDoS protection to bolster security. There’s even the ability to swap one coin for another from within the wallet – ensuring the investment process is frictionless. 

Cryptoassets are a highly volatile unregulated investment product. 

How to Buy New Crypto Coins on eToro

Finally, many of the newest cryptocurrencies mentioned earlier can be purchased using eToro – our recommended crypto trading platform. Detailed below are the steps that must be followed to invest with eToro:

  • Step 1 – Open an eToro Account: Navigate to eToro’s homepage, click ‘Start Investing’, and provide the necessary details to create a trading account.
  • Step 2 – Complete Verification: Complete eToro’s KYC checks and then upload proof of ID (e.g. passport) and proof of address (e.g. utility bill).
  • Step 3 – Deposit: Fund your trading balance with at least $10 by using a credit/debit card, bank transfer, or e-wallet (e.g. PayPal, Skrill).
  • Step 4 – Search for Cryptocurrency: Enter the name or ticker symbol of your chosen crypto into eToro’s search bar and click the ‘Trade’ icon when it appears.
  • Step 5 – Buy Cryptocurrency: Enter your investment amount into the order box (minimum $10), check everything is correct, and click ‘Open Trade’.

Cryptoassets are a highly volatile unregulated investment product.

Best New Cryptocurrencies – Conclusion

In conclusion, this guide has taken an in-depth look at the best new crypto coins on the market, highlighting what they are and why they are so highly thought of. Although the crypto market remains bearish overall, there are still many reasons to be optimistic – and these projects look the most likely to lead any rebound that may occur.

Our pick for the best new cryptocurrency this year is Wall Street Memes. This project’s meme-focused approach and social media popularity are fueling its value in the current presale, which will potentially reflect in its pump once it goes live on the listing chart. Another great pick is BTC20, an Ethereum-based Bitcoin that is following Bitcoin’s tokenomics to the tee.

Wall Street Memes Logo

BTC20 Logo


What are the best new cryptocurrencies?

Two new crypto projects with high potential are Wall Street Memes and BTC20. Both projects have already attracted massive amounts of attention from investors, and neither is showing signs of slowing any time soon.

What is the best new cryptocurrency for 2023?

Wall Street Memes has the potential to use its viral factor on social media to go big in 2023. With its social media following of 1 million, it has the edge over other crypto assets that are currently trading on the live charts. And its focus on meme-based interaction fits rightly with the current ecosystem.

What crypto projects will take off in 2023?

All of the projects on our list have the potential to take off in 2023. However, Wall Street Memes, BTC20, and Evil Pepe Coin are the three main tokens that we are rooting for. All three have great social aspects that work in their favour that could fuel their value once they go live on cryptocurrency exchanges.

How do I find new crypto projects?

There are many ways to find new crypto projects, such as through crypto media outlets and social media. Twitter and Reddit remain two of the most widely-used resources for finding these projects, as this is where community-building tends to happen.

How do I purchase brand-new cryptocurrencies?

Brand new cryptocurrencies can usually be purchased through a CEX or a DEX, although some may still be in the presale phase. Early investors may have to buy tokens directly through the provider’s website if this is the case.

Alan Draper

Alan Draper

Alan is an expert on crypto and finance who serves as the chief crypto editor for AugustaFreePress.