Are you wondering which is the best crypto to buy now in June 2023? Well, then you have come to the right place. Because in this article, we will share the 8 best cryptocurrency to buy right now in June 2023.
Every day in the crypto universe, a new token enters, each having unique attributes and functions. It is like an endless list of opportunities that makes choosing the top crypto to buy a tricky task for both crypto-veterans and beginners. But do not let the whirlwind confuse you. You can easily tackle this vibrant ecosystem with diligent research, a solid understanding of market trends, and transparent investment goals. So in this article, we will show you some of the best altcoins and popular NFTs to invest in now.
How to Find the Best Cryptocurrency to Invest in
Making a wise investment decision is like assembling a jigsaw puzzle. The backbone technology of the token, its purpose, and the brains behind the project are your puzzle pieces. Next, scrutinize the project’s roadmap, past triumphs, and shortcomings.
Take a good look at trading volume and market cap, as these indicators can give you a good idea about the liquidity and overall size of the project. For beginners, dipping your toes in the waters of established cryptos like Bitcoin or Ethereum could be a solid starting point. After all, the big players often seem to be the best bet. While this is certainly true, the real potential lies with small projects that tackle a specific problem or work with a popular topic, such as AI.
8 Best Crypto to Buy Now in June 2023
In the fast-paced world of digital currencies, picking out the top performers can be tricky. Lucky for you, we have done the hard work for you, as we have handpicked the most promising cryptocurrencies for June 2023. They are like the rising stars in a sea of altcoins, each with unique growth potential. But remember, it is not all about trends. You need to understand the tech, the purpose, and the team behind each coin to decide the best crypto to invest in now.
So, shall we dive in? Let us get started with the two most promising crypto projects to invest in now.
1) InQubeta – Best AI-Crypto to Buy in June 2023
Are you seeking an opportunity to dive into the pool of blockchain and AI? Then you will like InQubeta, the world’s premier Web3 crowdfunding stage for AI ventures. This could be your gateway to striking gold in the exciting world of AI and blockchain investments. Because you are not just early for this project, you can even invest in it before it goes live on exchanges.
InQubeta is an innovative platform built on Ethereum that is breaking new ground by offering a chance for people to invest fractionally in AI start-ups. You can buy equity from these start-ups by buying their NFTs. This allows you to invest in a new industry, even with a small amount. Think about it! It is like grabbing a slice of the AI start-up world without buying the whole pie. The price of their native token QUBE will already 4x during the presale, and this is just the beginning. Higher prices will likely be reached soon once the token goes live on exchanges.
But why is InQubeta such a promising crypto project? First, its NFT marketplace is like a custom-built launchpad set to redefine how AI start-ups gather funds. Moreover, the QUBE token follows a deflationary model by burning 1% of each buy and 2% of each sell transaction. This means that the supply will be reduced over time. Since you need the QUBE token to participate in votings about the project’s future and to buy the NFTs, the demand will likely rise. A combination between a shrinking supply and growing demand usually leads to a price increase.
2) DigiToads – Best Meme Coin to Buy Now
Let us switch gears and zone in on DigiToads, a fresh take on the meme coin trend. Are you on the prowl for a crypto coin offering both the potential for juicy returns and practical, real-world uses? Then, DigiToads should be on your radar.
Just like InQubeta, DigiToads is currently still in presale. This means you can get the TOADS tokens at a discount before they go live on exchanges. During the presale, the project also releases 3,500 unique TOAD NFTs. As a TOAD NFT holder, you can reap the rewards through NFT staking, enjoy play-to-earn gaming and participate in monthly trading competitions. They are also building their own metaverse called The Swamp, where your Toads can roam and make friends. Throw in a commitment to environmental charities and a bustling community, and it is easy to see why DigiToads is frog-leaping over its rivals. As such, these are some of the best NFTs to buy now.
So, whether you are a beginner exploring how to get into cryptocurrency, or a seasoned investor deciding on the best crypto to invest in now, DigiToads might just be the altcoin for you.
3) Ethereum – Best Crypto to Buy Today for Long-Term
Ethereum, a crypto titan, is frequently chosen for its long-term investment potential. This decentralized network respects your privacy and offers you control over your data. Its native token, ETH, gives you access to this unique ecosystem. Imagine having your bank offering lending, borrowing, and saving services – all you need is internet connectivity. With Ethereum, you get a decentralized ecosystem with all the kinds of applications you can think of. And the best thing is that you need ETH to use their ecosystem. With increasing interest in their dApps, the demand for ETH will also rise. Since the supply will not increase at the same rate, the price is prone to surge over time.
You can also transact directly without intermediaries. What is remarkable is that Ethereum is beyond governmental or corporate control, ensuring uninterrupted services. It provides secure transactions in commerce, ensuring deals are fulfilled before funds exchange hands. It is a stable platform for developers, free from sudden rule changes. And just like building blocks, all Ethereum apps are designed to interconnect, leading to innovative products and experiences.
4) Maker – Best ERC-20 Tokens Project
Maker is another popular project in the Ethereum ecosystem, notably recognized for creating DAI, a stablecoin maintaining parity with the US Dollar. This revolutionary platform has carved out a significant niche in Decentralized Finance (DeFi), offering a decentralized lending and loan management system.
DAI is a stable, bias-free digital currency, delivering the promise of digital money to anyone – individuals or businesses. This groundbreaking platform allows you to manage your currency without fearing volatility. You are in the driver’s seat, minting DAI as and when you need it.
The governance of the Maker Protocol, the engine that powers DAI, is decentralized and managed by the community of MKR token holders. The influence of Maker extends far and wide, with over 400 applications and services, from wallets to DeFi platforms and even games, embracing DAI. Maker continues to evolve, fostering a thriving ecosystem.
5) Bitcoin – Best Crypto for Beginners
Bitcoin, often called the ‘digital gold,’ is the primary choice for beginners venturing into cryptocurrency for beginners. Its wide acceptance, dominant market presence, and robust security framework make it an ideal starting point for those exploring cryptocurrencies.
Launched in 2009 by the pseudonymous individual Satoshi Nakamoto, Bitcoin operates as a decentralized digital currency independent of central authorities like banks or corporations. It is distinct from fiat currencies like the US Dollar or Euro, as it is not under government control, functioning instead on a peer-to-peer network. This makes BTC so valuable as it can be used as a hedge against inflation and a store of value.
6) BNB – Top for DeFi Crypto Projects
BNB, Binance’s very own token, is a gem worth considering. Its value is tied to its practicality within Binance’s ecosystem, its involvement in various DeFi projects, and the regular token burns that have the crypto community buzzing. BNB first breathed life as an ERC-20 token on the Ethereum blockchain before migrating to its home on the Binance Chain in 2019. Subsequently, it has been climbing the ranks into the top 10 altcoins by market cap and is among the most solid cryptocurrencies to buy in June 2023.
7) Toncoin – Building the Decentralized Internet
Next up, let us talk about Toncoin. As the heartbeat of the TON project, Toncoin is committed to creating a secure and scalable blockchain infrastructure as fast as lightning. Considering its ability to handle high-speed transactions and support smart contracts, it is poised to be a breakthrough crypto project. Envisioning a decentralized and open internet, the Open Network (TON) seeks to mesh together various components, such as TON Blockchain, TON DNS, TON Storage, and TON Sites. The idea is to create a decentralized supercomputer capable of contributing a wide range of products and services to build a new, decentralized internet.
8) Cosmos – Top Crypto To Buy for Interoperability
Lastly, let us look at Cosmos. Cosmos seeks to iron out the kinks in blockchain interoperability, known as the Internet of Blockchains. Its innovative tech and unique scaling strategy paves the way for seamless interaction between various blockchains. Cosmos is a sprawling network of independent blockchains, each running on BFT consensus algorithms like Tendermint. It is on a mission to break down the barriers between blockchains, enabling them to communicate freely and process more transactions per second.
8 Best Crypto to Buy Now in June 2023 – Conclusion
Navigating the maze-like world of digital assets can be daunting yet exhilarating. In June 2023, opportunities abound, with cryptocurrencies like InQubeta and DigiToads shaking up the crypto universe with innovative strategies and distinct ecosystems. Yet, Ethereum, Maker, and Bitcoin remain some of the best cryptos to invest in.
In addition, BNB and Toncoin show considerable promise with their involvement in DeFi projects and blockchain infrastructure, while Cosmos innovates by bridging gaps in blockchain interoperability. With due diligence, an understanding of market trends, and transparent investment goals, navigating the vibrant crypto ecosystem becomes an exciting venture, promising potentially high returns on investment.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.