Early-stage tokens should make up at least 15% of your crypto portfolio. True, they come with high risk. But they also have higher growth potential than high-cap cryptocurrencies with proven track records.
How do you strike a balance?
Find promising projects with ambitious visions and roadmaps, led by credible teams. The earlier you invest, the higher the profitability. This article will give you a head start in your hunt for the best new cryptocurrencies.
5 Top New Cryptocurrencies with Huge Potential for 2023
The persistently bearish market of 2022 proves that investors are no longer interested in hollow cryptocurrencies. They are looking for projects underpinned by relevant blockchain use cases. Hype can’t deceive the new-gen investor. We’re entering a new chapter in crypto history, where innovation outperforms shilling. Utility-rich cryptocurrencies will rule the market now.
Here is a quick look at emerging crypto tokens that have the highest growth potential next year.
- IMPT – Top New Crypto Powered by a Green Mission
- Aptos – Crypto that Solves Real-World User Problems
- STEPN – Move-to-Earn Crypto Gearing Up for a Breakout
- RobotEra – P2E Crypto Token Backed by a Metaverse Builder Game
- Tamadoge – Top Meme Coin for 2023
The Best New Cryptocurrencies: A Closer Look
In this section, we review each project listed above in detail, with a closer look at its features and functionalities. Not surprisingly, most are in their presale stages.
While high-cap cryptocurrencies have proven their credibility over the years, they are also saturated. They can’t book you 25X–30X returns in a few months. Early-stage tokens, on the other hand, have a larger room for growth.
IMPT – Top New Crypto Powered by a Green Mission
IMPT is one of the most popular new cryptocurrencies of 2022, drawing traction from both the crypto and non-crypto sides of the world. The project introduces unique Web3 solutions dedicated to the fight against global warming and climate change. Here is a closer look at the ecosystem and how it works.
- IMPT Carbon Marketplace
Carbon offsetting is not limited to mandatory participants anymore. We are now more aware of our carbon footprint and its environmental impact. Carbon offsetting offers a great way to compensate for our carbon footprint by indirectly supporting environmental initiatives. Both mandatory and voluntary carbon markets are growing, as a result.
But the traditional carbon market is not accessible to all. The centralized structure limits its scope.
IMPT believes that Web3 can solve the problem to a great extent. It puts forward a decentralized carbon marketplace where anyone can buy, sell, and retire carbon credits. They are tokenized into NFTs for better transparency, cutting down double spending and fraud prevalent in the market.
- IMPT Shopping Platform
Integrating carbon offsetting into daily lives is a great way to improve the efficiency of climate action. This is where the IMPT store comes into play. It lists socially-responsible global brands that allocate a share of their sales margin (as desired) to the carbon program. When you buy products via the application, you are rewarded with IMPT tokens, as detailed in the whitepaper.
- IMPT Social Platform
The IMPT social platform is a pioneering green initiative that tracks users’ contribution to climate action in IMPT scores. The gamified features create healthy competition among friends, family, and businesses to strengthen the mission.
IMPT price prediction
IMPT’s tangible solutions for climate action make it one of the most eco-friendly new cryptocurrencies. Creative blockchain use cases like carbon credit tokenization and gamification give it an edge in the green crypto market.
Judging by the intrinsic potential of the project and the rapid progress of the ongoing IMPT presale, the token can climb anywhere from 10X-15X in early 2023.
Join IMPT on Twitter and Telegram for the latest updates about the presale and product launches.
Aptos – Cryptocurrency that Solves Real-World User Problems
Aptos is a warm breath of air in the crypto industry, which is still battling a cold winter. The token showcased a remarkable public launch in October, drawing consistent traction from investors and users.
Much of its popularity can be attributed to the Layer 1 Proof-of-Stake (PoS) blockchain that underpins the project. It uses a new smart contract programming language called Move, created by Diem blockchain engineers. The project’s goal is to expedite the mainstream adoption of web3 through DApps that solve real-world user problems.
Aptos all-time price chart, 22 Nov 2022, source: CoinMarketCap
Top-tier partnerships and investments
Aptos has established credibility in the market in a short space of time. For example, the project raised $200 million in a seed round led by the venture capital firm Andreessen Horowitz (a16z) in March 2022. Tiger Global and Multicoin Capital were also a part of the event. In September, Binance Labs joined the group of investors, taking its valuation to $4 billion.
Aptos (APT) price prediction
Although the FTX crash has taken a toll on the price, Aptos is predicted to break past its all-time high in a few weeks.
STEPN – Move-to-Earn Token Gearing Up for a Breakout
STEPN (GMT) ranks #112 on CoinMarketCap. How did this high-cap token still make our list of new cryptocurrencies with large growth potential?
STEPN all-time price chart, 22 Nov 2022, source: CoinMarketCap
STEPN is one of the most successful cryptocurrencies of 2022. But it is currently 91.23% down from its all-time high. The macro market crash has taken a toll on the token. As the market gets back on its feet, so will GMT.
STEPN’s creative blockchain use cases in fitness and lifestyle give it large intrinsic value. STEPN is a Web3 lifestyle application that rewards users for movement. You can earn tokens from the platform while walking, jogging, and running outwards. STEPN NFTs track your movements and accrue points to your account.
You can use the rewards to step up your game with more in-game accessories. Or, you can cash them out on a crypto exchange. STEPN’s goal is to encourage a healthier lifestyle using Web3 gamification. In addition to that, the platform donates a share of its profit to climate action initiatives.
STEPN (GMT) price prediction
GMT can recover most of its value in 2023, as the crypto market heals from the FTX fall and more traditional investors turn to crypto. The token is selling for $0.3596 at the time of writing. It can climb up to $1.5 by the first half of 2022.
RobotEra – P2E Cryptocurrency Backed by a Metaverse Builder Game
RobotEra is a new blockchain builder game that draws inspiration from The Sandbox. It is set in the future on a distant planet called Taro. If you haven’t already guessed from the name, robots reign Taro. In fact, you transform into a Robot on Taro.
The new residents of RobotEra have to build its infrastructure and make it livable for the emerging society of robots. Don’t worry, you don’t need programming skills to play the game. The platform provides all the resources you need to build the metaverse. You will find a broad range of methods to contribute to the mission. For example, you can engage in mining, construction, energy collection, and production, to name a few.
RobotEra will be a shared multiverse that connects with other worlds, houses theme parks and museums, and hosts concerts. It won’t be any different from the real world. If anything, the virtual world will be more vibrant. That is, if it unfolds as laid out in the whitepaper.
- Join gamers from around the world, share your creative visions, and build Taro.
- The editor tools on RobotEra allow you to create land, buildings, and companion robots.
- Explore RobotEra, and find what other builders have in store.
- The more places you explore, the higher the rewards.
- Participate in Central City Quests and earn rewards. Central City, the initial place for the birth of new robots, is open to all.
- If you are a digital artist or sculptor, you can showcase your original works in the RobotEra virtual museums.
- RobotEra will also host events like virtual concerts and fashion shows from time to time. They can be paid or free.
- All assets in the metaverse are tokenized into NFTs for transparent, trustless transactions.
RobotEra (TARO) price prediction
TARO tokens drive the RobotEra ecosystem. The vibrant P2E gaming mechanics have the potential to onboard a large gamer base next year, giving 10X-20X returns to early investors. The ongoing presale offers the cheapest entry to the project.
It is used to build infrastructure on TARO Land, play games, buy in-game assets, and facilitate the governance system.
Follow RobotEra on Twitter and Telegram for the latest updates.
Tamadoge – Top Meme Coin for 2023
We wrap this list of top new cryptocurrencies with Tamadoge. The meme coin sensation is known for its 18X climb in October amid the bear market. Industry experts believe that TAMA has a long way to go, factoring in its vibrant business model.
While Tamadoge comes with a meme coin tag, it has more to offer. The project uses the brand recognition of Tamagotchi and Dogecoin to build a large play-to-earn ecosystem. It centers around Tamadoge Pet NFTs, which you can mint, breed, and battle to earn rewards.
The more you play, the higher you climb up the Tamadoge leaderboards. Your performance is tracked in Dogepoints. If you’re among the top gainers on the leaderboard, you can redeem the Dogepoints for TAMA tokens from the monthly Dogepool.
Tamaverse
Tamadoge’s ambitious metaverse vision sets it apart in the crowded P2E market. Tamadoge will transition to Tamaverse next year, starting with external metaverse integrations. That means you will be able to play with your Pet NFTs in the virtual world soon. They feature a fully rigged-up, animated 3D model that makes them compatible with existing metaverse environments.
AR application
Another interesting feature that caters to the project’s hype is the Tamadoge native AR app, scheduled for release in the fourth quarter of 2022. It will closely resemble the experience of playing with a real pet.
Tamadoge roadmap
Tamadoge (TAMA) price prediction
As the hottest meme coin of 2022, Tamdoge has the potential to become the next crypto to enter the $1B club. The token is expected to chart a 5X uptick soon, on the release of the P2E arcade.
Join Tamadoge on Twitter and Telegram for the latest updates about the NFT launches.
Verdict: Which is the Best New Cryptocurrency for 2023?
While projects like IMPT and STEPN introduce advanced blockchain use cases, RobotEra and Tamadoge revive the crypto play-to-earn market with unique gaming mechanics. If the projects materialize as laid out in the white papers, they can give generous returns to investors next year.
IMPT, in particular, is redirecting the market on a utility-rich course. The project has managed to secure top-tier partnerships in less than a few months of project announcement, which speaks for its large growth potential.