16 Best Altcoins to Buy in 2023

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Although Bitcoin is the largest and most well-known cryptocurrency on the planet, oftentimes figuring out the best altcoins to buy can yield superior returns.

Throughout this article, we'll be taking a look at the 16 best altcoins to buy, exploring what an altcoin is and why they make good investments, as well as outlining exactly how altcoins can be purchased. Let's get started. 

Best Altcoins to Buy in 2023

Below, we've rounded up some of the best altcoins to buy right now and provided a short description of each. In the following section, we dive deeper into the specifics, providing a mini-review of all 16 assets. 

• Meta Masters Guild - Overall Best Altcoin Offering a Web3 Gaming Ecosystem 
• FightOut - Top New Altcoin with Ambitious M2E Plans
• Metropoly – NFT Marketplace Backed by Real-world Properties
• C+Charge - Eco-Friendly Crypto Rewarding EV Drivers for Charging Vehicles
• Calvaria - Play to Earn Game Enabling Scalability, High Bandwith and Low Fees
• RobotEra - P2E and Metaverse Altcoin in Newly Launched Crypto Presale
• IMPT - Top Altcoin Offering Rewards for Carbon Footprint Reduction
• Tamadoge - Meme Coin Pumping Since Listing on Exchanges
• Battle Infinity - Fantasy Sports and P2E Gaming Ecosystem with DeFi Elements
• Lucky Block - Fair and Efficient NFT Competition Platform
• Ethereum - Largest Altcoin and Originator of Smart Contracts
• Chainlink - Popular Project Bringing Off-chain Data On-Chain
• XRP - Transactional Cryptocurrency Touted as being the Future of Currency Exchanges
• BNB - Cryptocurrency Powering the Binance Ecosystem
• The Sandbox - Metaverse World with a Plethora of Creator Tools

Top Altcoins to Invest in Reviewed

Looking for the best altcoins to research before the next altcoin season? Now that we have an understanding of each project and its offerings, let's dive into the reviews. 

1.Meta Masters Guild - Overall Best Altcoin Offering a Web3 Gaming Ecosystem 

The best altcoin to buy in 2023, the $MEMAG token, is at the centre of the Meta Masters Guild Web3 mobile-gaming ecosystem. With a limited supply of just 1 billion, this new altcoin has the potential to increase in price as the demand increases. Currently available to buy on presale for a low price, $MEMAG will jump by 228% by the end of the presale round. 

$MEMAG, an ERC-20 token, powers Meta Masters Guild’s decentralized gaming platform. With the ecosystem set to release three unique mobile-based cryptocurrency games, $MEMAG can be used to GEMS, the in-game currency. With Gems, users can purchase NFTs from the Meta Masters Guild play store and compete in the ecosystem.

Meta Masters Guild is building its sustainable gaming project, where players can enjoy top-quality mobile games and earn rewards. After the presale concludes, the platform will launch an Alpha version of its first game, Meta Kart Racers. Soon after, players can access an NFT fighting game called NFT Raid. With both the mobile games currently in the development process, $MEMAG will be at the centre of multiple projects.

Each game will reward users with Gems, which can be directly converted to $MEMAG. After accessing MEMAG, users will also be able to stake the tokens within the ecosystem  With the Gems earned, one can also purchase Premium in-game NFTs with boosted stats. This altcoin will also be leveraged to run Meta Masters World - the project’s metaverse ecosystem. Thus, holding MEMAG will offer interested players with several use cases on Meta Masters Guild. 

The low supply of 1 billion tokens will be beneficial for controlling supply and demand economics in the long term. According to the Meta Masters Guild whitepaper, 350 million tokens have been allocated for the ongoing presale. Through seven rounds, the project aims to raise nearly $5 million. 

One of the best altcoins right now, investors can buy $MEMAG right now before the price hikes up. While the current price is only $0.007, MEMAG will rise by 228% to $0.023 by the final presale round. 

To keep yourself updated with this new altcoin, join the Meta Masters Guild Telegram Channel. 

2. FightOut - Top New Altcoin with Ambitious M2E Plans

FightOut is a new move-to-earn cryptocurrency project that has already raised more than $2.68 million during its presale.

The FGHT token underpins the FightOut fitness app and the project’s ambitious plans to build real-world, Web3-integrated gyms around the world.

Now on sale for $0.01666, early investors can earn up to 50% in bonuses during the first phase of the presale - depending on how much they purchase and how long they lock tokens for - while the price of FGHT will also increase by 100% to $0.0333 after stage 1 ($5 million target) ends.

Funds raised from FGHT tokens will underpin the project and go towards its development, with 70% reserved for venue acquisition and refurbishment, 18% for marketing and partnerships and 12% for product development.

FightOut will allocate 60% of the max 10 billion FGHT tokens to the presale, with another 30% for rewards and growth - unlocked over 10 years - and the final 10% for exchange liquidity. Investors are so interested in the altcoin project because of its real-world utility and its plans to revolutionize the move-to-earn space and become the best M2E crypto project.

While other leading M2E projects, such as STEPN, have concentrated on steps and have been critizied for their flawed rewards system, FightOut will build a full digital fitness profile using smart technology that tracks movement and key effort indicators.

Sleep patterns and nutrition can also be built into the algorithm, which then offers users a tailored and unique workout program. Furthermore, FightOut doesn’t just concentrate on strength and cardio training but also wellness and mental health, with workouts able to be completed at home or any gym.

Users get rewards for completing workouts and upgrading their digital self, which comes as a soulbound (meaning they cannot be bought or sold) NFT avatar that are fully customizable. FightOut users can also test themselves against others in daily, weekly and monthly challenges to earn more rewards.

While the FGHT token underpins the project, FightOut will reward fitness fanatics with REPS, an in-app currency that can be redeemed for gym membership discounts, personal training sessions, equipment, apparel and supplements.

The project’s founders are doxxed and come with a background in combat sports and fitness app development - they are already scouting their first real-world gym location and have already signed up the first four ambassadors, tonot only help boost FightOut’s profile, but also provide unique content such as behind-the-scenes footage and masterclass-style training sessions.

Former boxing world champ Savannah Marshall - who is likely to face Claressa Shields again in a rematch of the most watched women's boxing match ever - UFC title contenderTaila Santos, No 9-ranked UFC strawweight Amanda Ribas and American Ninja Warrior Tremayne Dortch are already on board.

Read the FightOut whitepaper for more information and join the Telegram group for the latest news.

Visit FightOut Presale Now

3. Metropoly – NFT Marketplace Backed by Real-world Properties

Metropoly is building the world’s first NFT marketplace that opens the real estate market to the masses. Tapping into the transparent, decentralized makeup of blockchain technology, the project allows anyone to invest in income-generating properties without banks or hidden fees. 

You will find NFTs backed by real estate assets located across the globe on the platform for as little as $100. Metropoly tokenizes the real-world properties into fractional NFTs and makes them available to retail investors.

The project’s goal is to break the financial and geographical barriers to real estate investment. While it takes around sixty days to buy a property the traditional way (if we’re being generous), the Metropoly marketplace brings down the duration to less than a few minutes. It’s better than a traditional real estate investment in more than one way. 

For example, you receive monthly rental income and benefits of long-term value appreciation from the assets with minimal involvement. You need not worry about documentation, regulatory hassles, maintenance, or finding new tenants. The Metropoly team does the job. Moreover, you can trade these shares anytime you want on the marketplace. The Metropoly Beta Marketplace is now live for testing. 

Listed below are more factors that underscore the credibility and growth potential of the project: 

• Partnership with ChainAdoption, which has worked with Polkadot, Tron, and EOS. 
• Partnership with Tenset, which incubated Metahero and Everdome Coin (both made more than 20x after launch). 
• The Metropoly smart contract has completed an audit by CertiK, a trusted blockchain security company. 
• Metropoly has joined forces with more than twenty crypto influencers (Travladd, Upnext Crypto, etc.) 

Given that everyone needs a roof over their heads, real estate is one of the most important asset classes to build long-term wealth and generate passive income. That also explains the grand reception of the METRO presale. Investors are stocking up on the native token in bulk to take advantage of the early-stage discounts and bonuses. (Use the bonus code Launch20 to get an additional 20% on your purchases).

Metropoly is hosting a super exciting giveaway of a Burj Khalifa Apartment worth $1,000,000 now. It earns up to $100,000 yearly in rental income. To be eligible for the giveaway, you need to complete the tasks listed under the contest and have $100 worth of METRO in your wallet at the time of the draw. 

Invest in Metropoly 

4. C+Charge - Eco-Friendly Crypto Rewarding EV Drivers for Charging Vehicles

C+Charge developed the native token $CCHG to enable electric vehicle (EV) drivers to pay for charging their vehicles and then receive rewards. 

This eco-friendly token will be used on the upcoming peer-to-peer system that C+Charge is building.

CCHG tokens are currently selling in a presale and available at $0.013 during the first stage. 

The coin will increase in value throughout the different stages and will eventually appreciate by 80% when it reaches the fourth and final stage. 

C+Charge has placed a hard cap of $6.6 million for the presale, with no vesting period on tokens.

EV drivers use CCHG tokens to pay for charging their vehicles at preselected stations - the coins are stored in a crypto wallet, featured on C+Charge's app. Drivers can also use the app to access crucial information such as locating the nearest charging station, comparing prices and receiving waiting time information.

After charging, drivers receive carbon credits and the app stores carbon credits and tokens, as well as tracks their balances. Carbon credits are permits that allow the holder to offset their carbon footprint by funding green projects.

By democratizing carbon credits, C+Charge will increase the adoption of EV vehicles and the use of its CCHG tokens. This pioneering platform uses blockchain technology to enable drivers to fight climate change while receiving rewards for charging their vehicles.

Receive more information about CCHG tokens by joining the C+Charge Telegram channel or reading the whitepaper.

C+Charge has allocated only 40% of the 1 billion token supply to the presale. 

EV drivers who don't buy CCHG during the presale will be pressed to find the tokens on exchanges as only 8% of the capped supply is available for liquidity.

Buy $CCHG Tokens Now

5. Calvaria – Play to Earn Game Enabling Scalability, High Bandwidth, and Low Fees

Calvaria is an exciting new play-to-earn project that aims to create the first effective bridge between the real world and crypto through a fun and accessible game, available on both mobile app stores and PCs.

The P2E card game requires players to purchase an NFT deck of cards. Players that have cards with the same strength can combine them to upgrade or purchase higher-level cards - Calvaria rewards players who win one-on-one matches or tournaments. However, a free-to-play version of Duels of Eternity is also available, where you can play the full game without spending any money. The only difference is that, in turn, you earn no rewards for winning matches. The approach allows the project to make the game accessible to all, without the constraining barriers to entry that scares non-crypto users away.

Calvaria is centered around the afterlife. The setting, being underrepresented in all forms of media, allows for flexibility and creativity, and avoids being overlooked as another generic entry within the game industry. RIA tokens power Calvaria’s P2E realm. 

As well as rewarding players, the RIA token is also used for governance, in-game purchases, staking, and voting. RIA holders ensure that the ecosystem functions without problems, and they have voting rights to determine the future of the platform. 

One of the key aspects that make this collectible card game so alluring is that investors have various ways of earning rewards. Staking is integral to the running of this ecosystem. According to the Calvaria whitepaper, investors can lock in their RIA tokens while receiving rewards.

The presale of RIA tokens was sold out in late January 2023, raising over 3 million during the bear market with the massive support of crypto-gaming enthusiasts from around the globe. At the time of this writing, RIA is gearing up for its Initial Exchange Offering on BKEX, scheduled for early February. It will be followed by more tier-1 listings, including LBANK and Changelly. For the latest updates about the project and the coin, visit the Calvaria Telegram channel and Twitter. 

If you’re looking for a crypto investment that stands the test of time, but can also give you excellent everyday gaming utility, RIA tokens will make an excellent choice. 

Visit Calvaria

6. RobotEra - P2E and Metaverse Altcoin in Newly Launched Crypto Presale

TARO is an exciting new altcoin that launched in November 2022 as the native token of play-to-earn project RobotEra. 

Investors seeking an appreciating asset that provides rewards in several methods will want to bag this crypto immediately.

RobotEra is set on Taro planet which was destroyed after a cataclysmic event, with players helping to rebuild it through the purchasing and upgrading of NFT robots and metaverse plots of land.

The game offers various avenues to earn TARO tokens as rewards, making the project one of the best NFT games to hit the market this year.

Players are rewarded with tokens for cultivating sacred trees, mining minerals and operating independent continents and another way to earn more tokens is by staking TARO. 

RobotEra, which is an LBank Labs project, provides in-game tools for players to build, customize and upgrade NFT robot companions, which can then be sold on the open market.

On metaverse land players can create and build infrastructure and buildings, which are also sellable, developing their plots over time to become more valuable themselves.

Another way to earn tokens is by using this multiverse ecosystem to connect to other worlds and communities. 

Players can monetize their land by renting billboard space to brands for advertising or selling it for a profit when it appreciates.

RobotEra players will not need any coding knowledge, with 3D scenes, user interaction, physics and sounds all able to be added - further, players can build venues like concert halls and museums and charge admission to other players.

The developers anticipate that new use cases and utility will emerge over time, with players operating with few limitations to make the world their own.

TARO tokens trump other P2E tokens because of the variety of ways to earn rewards, as outlined above.

RobotEra, which has now secured more than $665,000 of investment, is offering investors the chance to own this top altcoin at the best price possible.

TARO tokens are available for $0.02 each during the first stage of the presale, but by the end of it they will have appreciated by 60% to $0.032. The RobotEra whitepaper states that only 270 million tokens are available for the presale, which is 15% of the total supply. 

Investors can bag this altcoin now before it potentially explodes during its exchange listing. Investors can subscribe to the Telegram channel to stay updated with the coin's developments.

Buy $TARO Tokens Now

7. IMPT - Top Altcoin Offering Rewards for Carbon Footprint Reduction 

IMPT is a newly listed project that just ended an extremely exciting crypto presale, with the unique project raising more than $20 million.

Investors flocked to buy up the IMPT token because of the project's real-world utility and analysts are expecting the token to pump in 2023 when market conditions improve. 

Now listed on Uniswap, LBank and BitMart, further listings on other exchanges - including Changelly Pro - have been confirmed.

Unlike many new crypto projects that fall by the wayside because of limited use cases, IMPT is planning to help solve an urgent crisis - climate change.

It will do that by rewarding users with IMPT tokens when they shop. The tokens can then be converted to carbon credits which are used to offset the carbon footprint of both individuals and businesses that sign up.

The credits will fund vetted and approved conservation and ecological projects committed to fighting climate change. IMPT has already partnered with more than 10,000 retail firms and brands, some of them globally recognizable brands such as Nike, Dyson, Domino's Pizza and Amazon.

The credits can not only be acquired through shopping but can also be bought, sold, and held and will have inherent value in themselves. Users can also choose to retire their credits, in exchange for unique - and tradable - NFTs.

The voluntary carbon market is expected to grow from $2 billion annually to $50 to $100 billion by 2030, according to a Bloomberg estimate.

For more information on this hottest crypto to buy, IMPT tokens, carbon credits and the tokenomics of the project, read the IMPT whitepaper and join the Telegram group.

Buy IMPT Now 

8. Tamadoge - Meme Coin Pumping Since Listing on Exchanges

Tamadoge (TAMA) is a utility-first altcoin that blends meme coins, non-fungible tokens (NFTs), play-to-earn (P2E) gaming, and the Metaverse in order to create a highly engaging ecosystem that has proven to resonate well with both investors and players alike. 

While the project is still young, it's already shaping up to be one of the best altcoins to invest in 2023. 

Despite general bear market conditions, Tamadoge sold out its presale in less than eight weeks to raise $19 million - making it one of this year's best presales and pumped after its initial exchange offering (IEO) on OKX.

The price reached an all-time high of $0.194 - almost 2,000% above its early presale price - and looks set to break out in the coming weeks and months.

The Tamadoge ecosystem is based around a Metaverse world named the Tamaverse. Within this virtual universe, players can explore and meet each other, helping to build a strong community. There are plans to implement support for virtual reality headsets to make this an even more immersive experience. 

Additionally, within the Tamaverse players can raise NFT-based pets, each being 3D-animated and boasting a unique design. By utilizing NFT technology, the team has made it possible for pets to be upgraded using items from the Tamadoge store. 

Each time a player levels up their pet, they become will receive Dogepoints, improve their leaderboard ranking, and earn a larger amount of rewards.

The Ultra Rare NFT collection became the top trending set on OpenSea after raising 250ETH in the first 24 hours of the auction.

The token has also consistently been in the top five largest meme coins since and with more exchange listings in the pipeline is expected to see huge gains again. 

The latest listing, from November 10, is on Gate.io - the fifth-largest exchange by trading volume.

Follow the Tamadoge Telegram and Twitter page to hear about the next listing early. 

Buy TAMA on OKX

Buy TAMA on OKX DEX

9. Battle Infinity - Fantasy Sports and P2E Gaming Ecosystem with DeFi Elements

Next on our list of the best altcoins for 2023 is Battle Infinity (IBAT), a project aiming to merge sports, DeFi, and P2E gaming in order to create a next-generation crypto-infused gaming platform.

Battle Infinity offers investors a huge amount of utility. As such, to keep things intuitive and easy to use, it's broken into different platforms each hosting a core feature. There is a fantasy sports league, a collection of player-vs-player P2E games, a Metaverse arena, an NFT marketplace, a decentralized exchange, and even an in-built staking platform. 

The project has been performing well since its release. During its presale stage, Battle Infinity managed to raise more than 16,500 BNB in just 25 days. Following its first listing on PancakeSwap, the token exploded rising by more than 300% from its presale price, cementing its status as both one of the fastest growing cryptocurrency projects and one of the best altcoins with the highest potential on the market.  

With the IBAT token utilizing the BEP-20 standard, it benefits from an adjustable tax, low fees, and fast transactions. This should enable the project to facilitate listings on large exchanges like Gate.io and Binance, which would help to increase demand for IBAT massively.

Battle Infinity has been consistently making headlines over the past couple of months as one of the top altcoins for 2023 due to it providing early investors with phenomenal returns and showing strength at a time when the market has been in a continuous downtrend. Join the IBAT Telegram to learn more.

Visit Battle Infinity Today

10. Lucky Block - Fair and Efficient NFT Competition Platform

Another of this year's top altcoins is Lucky Block (LBLOCK) the world's top NFT competition platform. The project has been making waves in the industry since it was released near the start of the year, and with the Lucky Block team constantly working to improve the project, it's gearing up to be one of the best altcoins for 2023. 

Lucky Block has utilized blockchain technology in order to create a fair competitions platform. Each drawing can be entered using an entry-ticket style NFT which can be purchased from NFT Launchpad. In order to offer a range of competitions appealing to all budgets, the entry cost for each prize will vary depending on the potential jackpot.

In late July, Lucky Block transitioned to Ethereum's ERC standard and reduced tax on transactions to zero. This switch paved the way for LBLOCK is be listed on various CEXs with MEXC and Gate.io being the most recent. These listings boosted the price of Lucky Block significantly, so it could be worth stocking up on the best new altcoin ahead of the next listing announcement.

Visit Lucky Block

11. Ethereum - Largest Altcoin and Originator of Smart Contracts

Ethereum (ETH) is the king of altcoins. It's the second largest cryptocurrency on the market, beaten only by Bitcoin. Furthermore, Ethereum fathered the ERC standard used by many of today's best altcoins to watch. But is Ethereum a good investment right now?

Many investors consider Ethereum to be the best crypto to buy at the moment and for good reason. The project has consistently proven itself able to weather any bear market while still providing the same great service to its users. A large portion of the most popular altcoins utilize the ERC standard and with the upcoming Ethereum update expected to improve throughput, this is unlikely to change anytime soon.

With the amount of value the project offers, Ethereum is one of the best altcoins to buy and a worthy addition to any well-diversified portfolio. The upcoming merge is expected to increase demand substantially, so it'll be interesting to see where the price of ETH ends up.

Buy ETH on eToro

12. Chainlink - Popular Project Brining Off-chain Data On-Chain

Chainlink (LINK) is packed full of intrinsic value and is one of the most popular altcoins currently available. The project's core value proposition is the ability to implement off-chain data sources into on-chain applications, something that has drastically increased the functionality of Web3 projects as well as other cryptocurrencies. 

Few of even the best altcoins to watch can compete with Chainlink in terms of industry partnerships. Due to the nature of the project, it's in the interest of other cryptocurrencies to join Chainlink in order to improve their own offerings. This has resulted in Chainlink's technology being incorporated in a range of high-profile projects like Aave. 

Overall, Chainlink is one of the best altcoins to buy right now. Even during the current market downturn, it has remained strong and as it uses the ERC standard, the upcoming Ethereum merge will likely award LINK a slight boost in value. 

Buy LINK on eToro

13. XRP - Transactional Cryptocurrency Touted as being the Future of Currency Exchanges

XRP is a transactional cryptocurrency that many investors believe could be the future of banking. The token was created by David Shwartz as a more cost and energy-efficient alternative to Bitcoin with Ripple Labs being created soon thereafter in order to create use cases for XRP.

While Ripple and XRP are currently in the midst of a lawsuit from the Securities and Exchange Commission (SEC) regarding the unlicensed selling of securities, many speculate that XRP could explode following the suit's conclusion. Like Chainlink, XRP has a huge number of partnerships with financial institutions and banks including the Bank of America, MoneyGram, and American Express.

Being launched in 2012, XRP cannot be counted alongside new altcoins but it remains one of the best altcoins to buy. While the value of XRP is currently being stifled by the ongoing legal issues, once things are cleared up it'll be intriguing to find out which of its partners will begin using the token to improve their services. 

Buy XRP on eToro

14. BNB - Cryptocurrency Powering the Binance Ecosystem

BNB sometimes referred to as Build and Build, is the propriety token of the world's largest exchange (by volume), Binance. Despite originally launching as a rather basic blockchain designed primarily to reduce fees on the Binance exchange, BNB has since expanded into the smart contract sector and is commonly used to power new altcoins like Battle Infinity.

The value of BNB absolutely exploded in early 2021 as investors everywhere were looking for the next project to rival Ethereum and with the BEP standard based on ERC, it was a clear contender. The release of the Binance Smart Chain also created immense demand for BNB as it's used to fuel all transactions on the network. The majority of BNB price predictions suggest that this utility token could reach an ATH of $2,000 by the end of 2030.

All in all, BNB is one of the best crypto to buy Reddit and still offers massive upside potential. The Binance Smart Chain (BSC) ecosystem is only growing as a result of its low costs and similarities with the ERC standard, making it one of the top new altcoins to invest in this year.

Buy BNB on eToro

15. The Sandbox - Metaverse World with a Plethora of Creator Tools

The Sandbox (SAND) is perhaps the best new altcoin in the Metaverse sector. Alongside Decentraland, The Sandbox is one of the largest virtual worlds (Metaverses) in the crypto-sphere and has become a favorite among both those infatuated with the technology and companies looking to expand their horizons into the digital realm.  

With the Metaverse being one of the most rapidly growing sectors in technology, The Sandbox is one of the top new cryptocurrency projects to get involved with. It provides users with a plethora of ways to monetize NFT-based plots of land, with some entrepreneurial players creating entire P2E games and crypto casinos from within The Sandbox. 

Few sectors are picking up traction as rapidly as the Metaverse, so there's no telling just how high The Sandbox could be pushed over the coming months. With companies like Facebook rebranding with the Metaverse in mind, it seems likely that it'll be a big part of the future, meaning Metaverse-centric projects could end up being the best altcoins to buy for growth. 

Buy SAND on eToro

What is an Altcoin?

Altcoins are made up of a brought spectrum of projects and are not limited by category, consensus mechanism, or intended use. Altcoin simply means alternative coin. As such, any alternative (to Bitcoin) can be considered an altcoin. In practice, this means that every cryptocurrency other than Bitcoin is classed as an altcoin. 

Can Altcoins Make for a Good Investment?

With Altcoins being made up of such a large variety of projects, some will make for good investments while others will slowly fade into obscurity. Below, we've shared a few reasons why altcoins can make an excellent addition to a well-balanced portfolio. 

Technology

One of the most interesting aspects of altcoins is the technology they possess. With cryptocurrency already being an emerging technology, altcoins can provide access to subsectors like decentralized finance, the Metaverse, and P2E gaming. 

The best altcoins to buy will typically feature new and exciting features, making them an excellent way to get to the forefront of technology.

Dash 2 Trade, for example, is a new crypto signals and analytics platform that aims to help traders and investors maximize profits, while IMPT is hoping to help ease the climate crisis by making carbon credits into NFTs. 

By doing that individuals and businesses can increase their carbon-offsetting efforts.

Diversification

As we mentioned, there is a massive variety of different altcoins available and as such, they can make for an excellent diversification tool. With altcoins spanning every sector within cryptocurrency, regardless of how a portfolio is composed, there will be an altcoin able to reduce an investor's exposure to a specific sector, effectively reducing risk.

Room for Growth

While Bitcoin is regarded as being a safer, blue-chip crypto, its larger size means it's more difficult for the price to move substantially in either direction. However, altcoins will have lower market caps, meaning that less demand is required for them to be pushed upward or downward. As such, altcoins can make for excellent growth vehicles, provided the proper due diligence is done prior to investing.  

How to Choose the Best Altcoins to Buy

With there being so many different altcoins on the market, an investor needs to narrow down their search criteria to find worthwhile projects. Sometimes you need more than just the best crypto signals to know which crypto project is worth investing in. We'll be sharing a few quick tips to help find the best altcoins to buy. 

Whitepaper - One of the most effective techniques to weed out lackluster projects is thoroughly reviewing a project's whitepaper. The best altcoins to buy will always feature a well-written whitepaper that clearly explains exactly what the project does as well well as its plans for the future. If a cryptocurrency makes a lot of promises without explaining how they will be achieved, it's best avoided. 

Social Media - Taking a look at social media can be a great way to determine how investors feel about a project and whether it has a strong community. While stats like followers can be easily purchased online, it's much harder to fake an active community consistently commenting and sharing so these are both factors to look out for when trying to find the best altcoins for 2023.

Utility - While it's possible for some projects to perform well and offer great returns through hype alone, it'll never be conducive to long-term growth. Instead, it's better to look out for utility-focused projects that provide a useful service or product. These altcoins will always have a demand regardless of hype or the market, making them far safer long-term investments.

How to Buy the Best Altcoin - FightOut

To ensure that no investor is left unable to buy the best altcoin, we've detailed exactly how to buy $MEMAG tokens below:

• Create Crypto Wallet - Before accessing the MEMAG presale, investors can download a cryptocurrency wallet such as MetaMask or Wallet Connect.
• Buy ETH / USDT - An ERC-20 token, MEMAG, can be swapped with similar assets such as ETH and USDT. Purchase Ethereum or USDT from a suitable crypto exchange and transfer the assets to the crypto wallet. 
• Connect Wallet and Buy MEMAG - Visit the Meta Masters Guild website and click on ‘Connect Wallet’. Follow the on-screen instructions to complete the process. Afterwards, one can choose to buy MEMAG with ETH or USDT. Enter the amount to swap and complete the purchase. 
• Claim Tokens - Investors can claim the MEMAG tokens after the presale ends. To do so, visit the presale website. 

Where to Buy Other Altcoins

While FightOut is the best new altcoin and an excellent all-around project, some investors will want to purchase another token from our list. To do this, they will require a top-of-the-line broker. 

eToro - Buy the Top Altcoins with just 1% Commission

eToro was founded in 2007 and has since grown to become a leading broker for cryptocurrency and stocks thanks to its fantastic feature set. The broker is regulated by leading tier-1 bodies including the FCA, ASIC, and CySEC. 

With security always a large area of concern for crypto investors, it's crucial for a broker to protect its clients. eToro secures personal details before they're sent to the server by using SSL encryption but that's not all. The majority of client funds are stored offline and untouchable in cold storage, preventing the risk of clients losing funds due to eToro getting compromised. 

While eToro is great for those employing a buy-and-hold strategy, it's also a great broker for traders. It provides its users with a range of charting tools, useful when it comes to determining key price points and figuring out when to enter a trade. Furthermore, eToro allows users to set both limit and market orders, allowing users to fine-tune their entry points. 

In addition to investing and manually trading, eToro supports social trading. This allows users to choose a trader they like and automatically mirror their trades, excellent for beginners trying to earn a profit or learn strategy. 

Overall, eToro is an excellent platform for both beginners and more experienced investors. It offers a wide range of tools and through its various platforms, a great deal of customizability. As such, eToro is the number one broker for investors looking to stock up on altcoins. 

Buy Crypto on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

Conclusion

We've taken a look at some of the best altcoins to buy, discussed the benefits of altcoins, and explained how to choose the find altcoins with the highest potential. However, throughout our research, we determined that two particular projects boast the most potential.

Meta Masters Guild is the first Web3 mobile-focused gaming platform. By leveraging MEMAG tokens, users can access a PvP racing game, an NFT platform and a metaverse ecosystem. Currently on presale, MEMAG is available to buy for $0.007. The price will jump by 228% to $0.023 by the final presale round. 

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FAQs

What is an Altcoin?

Put simply, an altcoin is an alternative cryptocurrency to Bitcoin. As such, the vast majority of cryptos can be considered altcoins, with the term transcending category or intended purpose.

What is the number one altcoin to buy now?

While there is a huge number of altcoins available for purchase, Meta Masters Guild presents by far the most upside potential - the MEMAG token can be directly used to access the mobile gaming platforms on this ecosystem.

Which altcoins have the most room for growth?

While each of the projects we've reviewed has plenty of room for an upside move, recently released projects Meta Masters Guild, FightOut, Dash 2 Trade, RobotEra and Calvaria are all in their presale phase and have not reached the wider market yet. Presale projects offer low entry prices and greater potential for growth.

How many different altcoins are available?

It's impossible to provide an exact number of available altcoins as new crypto projects are released daily. Currently, there are over 2,000 altcoins on the market, with this figure continually growing.

How can I invest in altcoins?

There is a plethora of ways to invest in altcoins. The best altcoin to buy, MEMAG, is now on presale. Whereas other altcoins can be easily bought using regulated broker eToro.

What is the top new altcoin?

Out of all the altcoins available to invest in right now, MEMAG presents the best opportunity. However, FGHT, D2T, RobotEra, IMPT and Calvaria are also both excellent picks. 

Are altcoins worth buying?

As there are so many different altcoins, some will be worth buying while others are best avoided. However, each of the projects we've reviewed has solid fundamentals and could make for a great investment.