10 Newest Cryptocurrency to Invest in 2023

By
Vladlena Martus

Reviewed by
Lee Brooks

09/13/2023

4,5

★

Find out the 10 newest Crypto Projects to Invest in 2023 and their advantages! We prepared a lot of coin overviews: from the Meme Tokens to the Eco-Fiendly Projects.

The world of cryptocurrency is constantly evolving, with new tokens and projects emerging all the time. In 2023 investors still are looking for the next big thing in crypto. With so many new tokens hitting the market, it can be difficult to know where to invest your money. 

In this article, we'll take a look at 10 of the newest cryptocurrencies that are worth your attention. From meme coins to eco-friendly projects, gaming tokens, and more, we'll explore the pros and cons of each token and where to invest. 

Disclaimer. It's important to note that investing in cryptocurrencies, including meme coins, can be highly speculative and risky, and users should do their own research and consult with a financial advisor before making any investment decisions. Additionally, users should be aware of the fees associated with buying and selling cryptocurrencies, as well as the potential tax implications. This is not a financial recommendation.

#1 Wall Street Memes (WSM)

Wall Street Memes is a project that dates back to 2022 and the epic war over GameStop short-selling between r/wallstreetbets and the Wall Street giants. If nothing else, it highlighted the depth and breadth of the stock market's corruption.

Well-known for distributing famous memes on social networks such as Twitter, the project announced its new venture into meme currencies on May 26, 2023. The initial exchange offering (IEO) of the meme currency is set for September 27, and the Pre-Sale has already garnered more than $25 million.

Wall Street Memes aims to make exchanges between meme authors and collectors easier. When a meme maker generates a meme on the platform, a smart contract is created that specifies the selling terms, such as the price, the deadline, and the scope of work. When a collector accepts the contract's conditions, they deposit WSM into the smart contract. Once the meme has been sold, the creator gets access to the cash.

Source and Copyright © TradingView

Pros and cons

The Pros of investing in WSM are:

• Security: Wall Street Memes use smart contracts to facilitate transactions, which provides a high level of security.
• Transparency: All transactions on the Wall Street Memes platform are recorded on the Ethereum blockchain, which is a public ledger.
• Efficiency: Wall Street Memes uses smart contracts to automate the payment process, which reduces the time and cost of transactions.
• Equity: Wall Street Memes uses smart contracts to resolve disputes between meme creators and collectors, which ensures that disputes are resolved fairly.

However, there are some Cons, including:

• Lack of Utility and Intrinsic Value: Critics have pointed out that meme coins like WSM have little to no utility or intrinsic value, making them a risky investment.
• High Risk: Meme coins are inherently speculative and carry a high level of risk. The market can be highly speculative and can lead to severe investment losses.
• Vulnerability to Scams: There have been numerous instances where meme coins have been used for rug-pull scams and pump-and-dump schemes.
• Volatility: Cryptocurrencies are highly volatile and can experience significant price swings in a short period of time, making them high-risk investments.
• Regulatory Risks: Governments around the world are still grappling with how to regulate cryptocurrencies, which means that there is a risk of new regulations that could impact the value of cryptocurrencies.

Where to buy WSM?

The Wall Street Memes coin can be purchased during the final Pre-Sale stage. You can find the instructions for buying on the project’s official website:

Source and Copyright © Wall Street Memes Official Website

#2 Launchpad XYZ (LPX)

Launchpad XYZ is an interactive virtual area that aims to simplify and clarify the digital financial business. It covers Pre-Sale catalogs for cryptocurrency exchanges, games, and new ventures. You will be able to store, purchase, and sell coins on the new platform. Users will be able to access decentralized apps (DApps) as well.

Launchpad XYZ (LPX) will try to simplify and make Web3 available to anyone. This consumer-focused portal will deliver insights and data on all Web3 sectors through a beautifully designed, humanized interface, making Web3 accessible to everybody. 

Launchpad XYZ aims to be the heart of the next generation of Web3 users by emphasizing two basic values: independence and decentralization. The project aims to assist everyone in utilizing Web3 securely and to make sure users get the most out of the next bull run. The project is on the stage of the Pre-Sale. So far, it has raised $1,672,907.23.

Source and Copyright © TradingView

Pros and cons

Here are some Pros and Cons of investing in Launchpad XYZ:

Pros:

• Innovative Project: Launchpad XYZ is an innovative project that aims to provide a user-friendly platform packed with a variety of Web3-based tools.
• Strong Team: The project has a strong team with a track record in the cryptocurrency industry.
• Real-Time Market Insights: Launchpad XYZ offers real-time market insights, analytics, sentiment, and an all-in-one web 3.0 dashboard.
• Pre-Sale Discounts: Investors can purchase LPX tokens at a discounted price during the ongoing Pre-Sale.

Cons:

• Lack of Information: Launchpad XYZ currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project's potential.
• High Risk: Launchpad XYZ is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy LPX?

The only way to buy Launchpad XYZ (LPX) tokens is via the ongoing Pre-Sale, where investors can purchase LPX tokens with ETH, USDT, or a credit card. To purchase the coin,  it is necessary to visit the official website at launchpad.xyz and click on the "Buy Now" button to participate in the Pre-Sale:

Source and Copyright © Launchpad XYZ Official Website

#3 AIDoge (AI)

AiDoge is a new cryptocurrency that has received a lot of attention. This platform offers customers an AI-powered meme-generation experience that adapts to the ever-changing Bitcoin ecosystem. It makes use of powerful AI technology to generate appropriate memes based on text prompts given by the user. You may purchase credits for AI-powered meme generator using the AiDoge cryptocurrency AI.

AiDoge's meme generator uses cutting-edge AI algorithms trained on massive meme datasets and crypto news to generate contextually suitable memes. This guarantees that the memes are of good quality and up to date. 

The project has raised $14.9 million and is presently in the Pre-Sale stage.

Source and Copyright © TradingView

Pros and cons

Here are some Pros and Cons of investing in AiDoge:

Pros:

• Unique Concept: AiDoge is a unique project that combines AI and memes, which could make it appealing to investors who are interested in innovative projects.
• High Potential: The project's ongoing Pre-Sale and the optimistic meme coin market predictions suggest that AiDoge has a promising future.
• Discounted Price: Investors who participate in the Pre-Sale can secure a discount and an immediate upside of up to 5%.
• Positive Intentions: The AiDoge team has positive intentions and a long-term approach, which could be a good sign for investors.

Cons:

• Lack of Information: AiDoge currently provides no information about its tokenomics and more detailed project roadmap, which makes it difficult to evaluate the project's potential.
• High Risk: Meme coins are inherently speculative and carry a high level of risk.
• Vulnerability to Scams: There have been numerous instances where meme coins have been used for rug-pull scams and pump-and-dump schemes.

Where to buy AI?

To buy AiDoge coin you need to:

1. Visit the official website at aidoge.com and click on the "Buy Now" button on the homepage box.
2. Connect your MetaMask or Trust wallet to the website.
3. Purchase AiDoge tokens during the Pre-Sale.

Source and Copyright © AIDoge Official Website

#4 BTC20 (BTC20)

BTC20 is a new cryptocurrency project that promises to produce a more adaptable version of Bitcoin that is both quicker and less expensive than the original Bitcoin network while offering a game-changing staking mechanism. 

BTC20 is inspired by the early days of Bitcoin, when the price was just $1 in April 2011, with a circulating quantity of only 6.05 million coins. The project provides a fresh chance for everyone who missed out on buying Bitcoin at $1 to purchase an updated version for the lowest feasible price, as well as the possibility to stake BTC20 tokens to generate passive income. 

In accordance with the Bitcoin release schedule, a number of BTC20 tokens will be issued and awarded to stakers via a confirmed staking contract with each original Bitcoin block confirmation. Following the presale, BTC20 token holders can stake their tokens for a part of the staking rewards. The more BTC20 tokens a person invests, the bigger their payouts will be. The ICO of the project will last till October 2023.

Source and Copyright © TradingView

Pros and Cons

Here are some Pros and Cons of investing in BTC20:

Pros:

• Improved Features: BTC20 has improved features compared to the original Bitcoin network, such as faster transaction processing times and lower transaction fees.
• Eco-Friendly: BTC20 is considered an eco-friendly crypto utility token that aims to tackle the constraints of the Bitcoin network.
• PoS Rewards: BTC20 allows users to stake their tokens and earn PoS rewards.
• Successful Pre-Sale: The BTC20 Pre-Sale was successful, and the token is now listed on Uniswap.

Cons:

• Lack of Information: BTC20 currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project's potential.
• High Risk: BTC20 is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy BTC20?

To purchase BTC20 you may use the CoinBrain Trade feature. Besides that, you can also buy it on PancakeSwap. BTC20 is currently listed on Uniswap, and investors can purchase it using Ethereum. Investors can also purchase BTC20 on other decentralized exchanges (DEXs) that support ERC-20 tokens, as well as on the official website: 

Source and Copyright © BTC20 Project Official website

#5 Sponge (SPONGE)

Sponge is a new cryptocurrency project that is gaining popularity in the crypto industry. It is a meme currency based on the popular Spongebob Squarepants cartoon series. 

Sponge Project wants to develop high-quality memes and nurture a community-driven digital asset. Sponge is intended for gaming and amusement purposes, and it may be used to buy in-game things and participate in games. Sponge has no link to the Spongebob cartoon character, despite being inspired by the series. The Sponge has had a remarkable performance in its early phases, garnering attention and favorable conjecture from crypto industry professionals.

Source and Copyright © TradingView

Pros and cons

Pros:

• Eco-Friendly: Sponge is an eco-friendly cryptocurrency that aims to reduce the carbon footprint of mining by using a more efficient consensus mechanism.
• Innovative Project: Sponge is an innovative project that aims to solve a real-world problem in the cryptocurrency industry.
• Sincereness: The Sponge Project is made for joy and fun, as the developers say. And that’s it!

Cons:

• Lack of Information: Sponge currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project's potential.
• High Risk: Sponge is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy Sponge?

Sponge is listed on several centralized crypto exchanges, including Bilaxy, MEXC Global, and Bitget. Investors can purchase Sponge tokens on these exchanges using Ethereum.

#6 yPredict (YPRED)

yPredict is a new cryptocurrency initiative that uses artificial intelligence (AI) for trading analysis. It offers data-driven insights to assist users in making better trading decisions. YPRED is a Pre-Sale currency of the project that allows investors to acquire early access to a new project at a reduced price.

The yPredict Pre-Sale has been a success thus far, indicating that the token has already made its way onto numerous investors' watchlists. The project has raised $3,812,970.35.

yPredict has a total supply of 100 million tokens, and the coin will eventually become deflationary, making it scarce, and thus increasing its price over time. The main drivers of currency demand are traders using it to buy services and investors speculating that the price would grow. CoinSuit audited yPredict, and the reports are available on GitHub.

Source and Copyright © TradingView

Pros and cons

Pros:

• Innovative Project: yPredict is an innovative project that leverages AI for trading analysis.
• Strong Team: The yPredict team includes experienced developers and blockchain experts.
• Well-defined Roadmap: yPredict has a well-defined roadmap that can demonstrate the project's future plans.

Cons:

• AI Mistakes Issue: flirting with the theme of predictions can be doubtful. Not all predictions can be considered true since this is a purely subjective side of the work of each algorithm.
• High Risk: yPredict is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy yPredict?

yPredict is currently in its Pre-Sale phase, and you can purchase it on the official yPredict website using Ethereum. You can also purchase yPredict on other decentralized exchanges (DEXs) that support ERC-20 tokens.

Source and Copyright © yPredict Official Website

#7 eTucTuc (TUK)

eTukTuk (TUK) is a cryptocurrency initiative that uses blockchain technology to deliver sustainable transportation alternatives. eTukTuk is developing a decentralized infrastructure that connects EV charging stations with TukTuk drivers.

The native token of eTukTuk is TUK, and it is utilized as a payment mechanism by TukTuk drivers at EV charging stations. Token holders can earn staking incentives from eTukTuk. The project is now in the Pre-Sale phase, with a community discount of 40% available. $53,788.4 has been raised.

Pros and cons

Pros:

• Innovative Project: eTukTuk is an innovative project that aims to provide sustainable transport solutions using blockchain technology.
• Strong Team: The eTukTuk team includes experienced developers and blockchain experts.
• Staking Rewards: eTukTuk offers staking rewards to its token holders.

Cons:

• Lack of Information: eTukTuk currently provides limited information about its work and news, which makes it difficult to evaluate the project's potential.
• High Risk: eTukTuk is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy TUK?

eTukTuk is currently in its Pre-Sale phase, and investors can purchase it on the official eTukTuk website using Ethereum. Investors can also purchase eTukTuk on other decentralized exchanges (DEXs) that support ERC-20 tokens.

Source and Copyright © eTukTuk Official Website

#8 Pikamoon (PIKA)

Pikamoon (PIKA) is a cryptocurrency project that was launched in mid-March 2023 with the goal of providing a metaverse and play-to-earn crypto token.

Pikamoon is inspired by Pokemon and brings users to Pikaverse, a metaverse for them to explore. Pikamoon's native in-game money is PIKA, which is set to be offered to early investors through a Pre-Sale campaign. In the Pikaverse, you may explore a whole new universe, create your empire from the ground up, and watch it increase in value. 

Pikamoon also offers a marketplace, NFTs, and other services to bring fun to investors and players. 

Source and Copyright © Pikaverse

The Pre-Sale is divided into three parts, each selling 10% of the entire supply. The prices for stages one, two, and three are $0.0002, $0.0004, and $0.0006, respectively. Pikamoon is still in its early phases of development, and the project will appeal to investors who like to participate in growth enterprises at the earliest feasible time.

Pros and cons

Pros:

• Innovative Project: Pikamoon is an innovative project that aims to provide a metaverse and play-to-earn crypto token.
• Strong Community: Pikamoon has a strong community of Pokemon Go enthusiasts and crypto enthusiasts.
• Potential for Growth: Pikamoon is still in its early stages of development, and investors can target sizable gains as Pikamoon becomes mainstream.

Cons:

• Lack of Information: Pikamoon currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project's potential.
• High Risk: Pikamoon is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy Pikamoon?

Pikamoon is listed on several exchanges, including Uniswap and PancakeSwap. You can buy Pikamoon (PIKA) tokens there or on the official Pikamoon website using USDT, ETH, or Card Chain Ethereum: 

Source and Copyright © Pikamoon Official Website

#9 DeeLance (DLANCE)

DeeLance (DLANCE) is a Web3-based freelancing and recruitment platform. The platform is interwoven between NFTs and the Metaverse, allowing buyers and sellers to not only purchase and sell but also enjoy the Metaverse world's features. DeeLance is creating a cutting-edge, crypto- and NFT-powered metaverse that connects freelancers and employers. DeeLance's native in-game money is DLANCE, which is set to be offered to early investors through a Pre-Sale campaign. The Pre-Sale campaign began on March 13, 2023, and concluded on May 30, 2023. The token sale began on June 1, 2023, and concluded on June 30, 2023. 

DeeLance's decentralized platform includes micro-communities in a metaverse where creative work buyers and sellers can connect, debate ideas, network, and develop relationships, as well as an NFT marketplace where they may trade. DeeLance provides a number of features, such as smart contract escrow, data ownership via NFTs, cheap costs, and a transparent and secure platform.

Source and Copyright © TradingView

Pros and cons

Pros:

• Innovative Project: DeeLance is an innovative project that aims to provide a freelancing and recruitment platform based on Web3.
• Strong Community: DeeLance has a strong community of freelancers, employers, and crypto enthusiasts.
• Potential for Growth: DeeLance is still in its early stages of development, and investors can target sizable gains as DeeLance becomes mainstream.

Cons:

• Lack of Information: DeeLance currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project's potential.
• High Risk: DeeLance is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy DeeLance?

DeeLance is currently listed on several exchanges, including Uniswap and PancakeSwap. You can also purchase DeeLance on other decentralized exchanges (DEXs) MEXC and Binance.

Source and Copyright © DeeLance Official Website

#10 Collateral Network (COLT)

The Collateral Network is a peer-to-peer lending network that allows users to exchange and transfer loan portfolios. The platform is being built as a standalone platform and offers fixed-income and low-cost financing. COLT, Collateral Network's native token, is utilized as a payment option on the platform.

Source and Copyright © Collateral Network Official Website 

The platform's liquidity pool is locked for 33 years, ensuring investor security. Furthermore, the team tokens will be locked for three years. The platform's contractual information is kept in the NFT's metadata, which is broadcast on the public blockchain and cannot be changed. 

Collateral Network provides a platform for lenders to invest in physical and digital assets at the applicable LTV of the asset value, assuring sufficient margin. It brings together lenders and borrowers to transact and engage in loan operations.

Pros and cons

Pros:

• Innovative Project: Collateral Network is an innovative project that aims to provide a next-generation peer-to-peer lending platform.
• Strong Community: Collateral Network has a strong community of crypto enthusiasts and investors.
• Potential for Growth: Experts predict a 35x growth in price within the next few years.

Cons:

• Lack of Information: Collateral Network currently provides limited information about its tokenomics and project roadmap, which makes it difficult to evaluate the project's potential.
• High Risk: Collateral Network is a new project and carries a high level of risk.
• Dependency on Demand: The project's success is heavily dependent on demand during Pre-Sales.

Where to buy COLT?

Collateral Network is available for purchase on the official website and other decentralized exchanges (DEXs) that support ERC-20 tokens. The Pre-Sale of COLT tokens is currently live, and investors can purchase COLT tokens with a 40% bonus. Here is the convenient video instruction for buying COLT:

Pros and Cons of Crypto Investments

As any financial instrument, Cryptocurrency may be profitable and risky at the same time. Yes, you can be the lucky one and get all of the Advantages of Crypto Investments: 

• High Profitability: Despite the volatility, fundamentally promising cryptocurrencies are increasing in price and allowing for numerous startup financing sources.
• Low Prices: The Bitcoin market lacks a complex infrastructure of middlemen due to its decentralization. As a result, commission fees are low when compared to more traditional investment vehicles such as stocks or bonds.
• Purchase Ease: If a person is obliged to purchase securities through a licensed intermediary, they can do it in a variety of ways.
• Low Inflation Risk: If a state can produce a national currency in massive numbers at any given time, then this priority does not shift with digital money. The blockchain mechanism safeguards the crypt from inflation.
• Low Entrance Barrier: Not much cash is required to purchase tokens.
• Avoiding Fabrication: Digital cash cannot be counterfeited, unlike fiat money.
• Anonymity in the Network: Your personal information is not required to be disclosed during transactions.

Before making any investment decisions in 2023, you should also think about the dangers associated with investing in new cryptocurrencies. Thus, if you’re lucky, but still face Cryptocurrency Investing Cons (they may duplicate the risks of certain coins from the article):

• Volatility and Speculation: Because of their extreme volatility and potential for large price fluctuations in a short period of time, cryptocurrencies are high-risk investments.
• The Value of the Crypto: The worth of a new cryptocurrency might be difficult to assess because there is sometimes little information available about the project and its potential.
• Custodial Risks: Digital wallets, where cryptocurrencies are kept, are susceptible to hacking and other security flaws. Investors need to take precautions to safeguard their assets and wallets.
• Market Hazards include the possibility of fraud, market manipulation, and other unlawful actions because the cryptocurrency industry is still relatively undeveloped and uncontrolled.
• Risks Related to Regulation: Since governments all over the globe are still trying to figure out how to regulate cryptocurrencies, there is a chance that new rules may be enacted that will have an effect on the price of cryptocurrencies.

Why to invest in new projects?

Investors search for the best new cryptocurrencies to invest in in order to maximize possible gains. For instance, most of us missed them when Bitcoin was below $1,000 and when Ethereum was $1. Since new cryptocurrencies haven't yet attained mainstream adoption, early investments provide the best entry price. Especially when the company starts with a low market capitalization, this offers the potential to aim for large earnings.

New cryptocurrency currencies are often created, generally with lower market prices and a lot more potential for quick gains. The chance of a new initiative with a modest market value achieving 10x or 20x gains is substantially higher than that of Bitcoin due to the vast scale of Bitcoin, as we mentioned before. 

Tron (TRX) might be another illustration. It is presently among the top 15 cryptocurrencies and has long been a favorite among investors. It has a lot of potential for dApp developers looking for a speedy, efficient, and scalable network. While established projects may have lesser potential than new currencies, they also carry fewer risks because they already have a loyal following and, for the most part, a marketable use case.

Summary

Any cryptocurrency investor's portfolio should include Bitcoin and Ethereum, which are still popular among investors and should make up a broad portfolio that includes a mix of low-, medium-, and high-risk assets. The diversification of a portfolio is the best plan to work out all of the risks related to Crypto Investments, especially in the newest Cryptocurrencies. 

As was told in the Disclaimer, our article is not a financial recommendation; thus, DYOR before making any financial decision. 

Frequently Asked Questions

What are the newest Cryptocurrencies?

As mentioned in the article, the newest Crypto Coins to invest in are Wall Street Memes (WSM), Launchpad XYZ (LPX), AIDOge (AI), BTC20 (BTC20), Sponge $SPONGE, yPredict (YPRED), eTucTuc (TUK), Pikamoon (PICA), DeeLance (DLANCE), and Collateral Network (COLT).

Why to invest in new Cryptocurrencies?

The market value of new cryptocurrencies is typically low, but they have a lot of potential for big gains. A new project with a low market value has a far higher chance of earning 10x or 20x as much money as Bitcoin due to the magnitude of its present market cap.

Are the Meme Coins worth my attention?

Meme Coins offer excellent potential for profit. For those who believe that digital currencies will continue to grow in value, several of them have experienced significant price increases, making them an intriguing investment. Meme coins could also be an entertaining method to engage in the cryptocurrency market and communicate with a group of people who share your interests. Meme Coins are also a very dangerous and volatile investment, and their value changes often. 

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About the author

Vladlena Martus

I am a professional journalist, copywriter, and author with experience in fintech and marketing. My experience in the cryptocurrency field is more than 5 years. I write simply about complex things to easily share market insights with everyone.

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