Most Profitable Crypto to Buy & Hold Right Now

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

Many crypto investors buy speculative assets, hoping to profit from the hype around the coin. Choosing the most profitable cryptocurrency to invest in increases an investor's chance of earning rewards.

The most profitable cryptos have a history of providing returns, and we found 10 coins that have done exactly that. We reviewed each project, highlighting their price history and the benefits of their utility.

The 11 Most Profitable Cryptos to Invest in 2023

Before we delve deep into the most profitable tokens, let's take a quick look at each crypto project to find out their unique traits.

  • FightOut - Overall Most Profitable Crypto Token Offering Bonus Tokens
  • Dash 2 Trade - Popular Profitable Crypto Token on Presale
  • IMPT - New Cryptocurrency Token Reducing Carbon Footprint
  • Tamadoge (TAMA) - NFT Game Offering Rewards and 18x Returns
  • Battle Infinity (IBAT) - Global Metaverse P2E Game with 6 Platforms
  • Lucky Block (LBLOCK) - Popular NFT Competition Distributing Major Prizes
  • Solana (SOL) - Efficient Ecosystem Facilitating Large-Volume Transactions
  • Cardano (ADA) - Top Proof of Stake Platform Earning Investors High Profits
  • Ethereum (ETH) - Second Biggest Coin Facilitating Smart Contracts
  • Dogecoin (DOGE) - Ultimate Meme Coin Receiving Celebrity Endorsements
  • Bitcoin (BTC) - Pioneering Crypto Providing Rewards for the Longest Duration

Buy the Most Profitable Crypto

Analyzing the Most Profitable Cryptocurrency to Buy

Buying and selling cryptocurrency for profit is a long term strategy only if investors know the right coins to trade. Let's find out what the 11 most profitable cryptocurrencies offer investors besides high returns.

1. FightOut -  Overall Most Profitable Crypto Token Offering Bonus Tokens

FightOut's native token $FGHT has raised $2 million within days of its presale launch. Investors are eyeing this crypto because the presale offers bonus tokens, based on the initial investment and vesting period selected.

If that isn't enough returns, $FGHT is poised to take off during its listing on exchanges as investors are expected to swoop in and bag this scarce asset. FightOut has allocated only 10% of the total supply to exchange liquidity.

Investors who don't want to pay high prices for $FGHT coins should buy them now, while they're on presale and available at $0.016. Considering the increased exposure that this coin will receive when it lists on exchanges in Q1 2023, demand is likely to increase.

With demand increasing for an asset, its price is likely to follow suit.

FightOut rewards users with in-app currency REPS for completing workouts and challenges. Users can redeem REPS for merchandise, remote sessions with trainers or obtain more by buying them with $FGHT tokens.

These tokens can also be used for subscription and membership to FightOut gyms, — to be located in metropolitan areas globally.

Find out more about the gyms by joining the FightOut Telegram channel. More information about this project is available on the whitepaper.

FightOut enables users to enter the metaverse with their avatars and compete with other fighters in tournaments and leagues to win more reward tokens.

There are plenty of ways to earn $FGHT while improving one's fitness. Investors have seen that this is a utility token, and it's best to buy FightOut tokens while they're on presale.

Presale StartedDecember 14
Purchase Methods ETH, USDT, Transak
ChainEthereum
Min InvestmentN/A
Max InvestmentN/A

Visit FightOut Presale Now

2. Dash 2 Trade - Popular Profitable Crypto Token on Presale

Despite the ongoing bear run being witnessed in the cryptocurrency markets in 2022, Dash 2 Trade (D2T) is offering investors with the opportunity to make a long-term profit and simultaneously develop their trading abilities. The native cryptocurrency of Dash 2 Trade’s crypto analytics and trading signals platform, D2T, is soaring during its ongoing presale round. 

Offering 70% of its 1 billion token supply across 9-presale stages, D2T is looking to raise more than $40 million. Currently, on stage 2, D2T has collected more than $2.16 million in 6 days of going live. Currently, D2T is available to buy at $0.05 per token, with a minimum investment requirement of 1,000 D2T ($50 during presale round 2).

Interestingly, a 1,000 D2T holding will also give token holders access to a monthly premium tier - which is Dash 2 Trade’s exclusive package to access all of the trading signals, features & tools. Some of these unique offerings include an auto-trading feature, risk profilers and social indicators which track socio-cultural trends to identify potential price movements. 

However, investors have the chance to experience high returns during the course of the presale. By stage 9 of the presale, D2T will increase to $0.0662 per token - a 32.4% price increase. Therefore, early investors can access the tokens with a $50 investment rather than a $62 cost during the end of the round. Combining deflationary tokenomics with high token utility, D2T can offer further growth when it lists on some of the top exchanges. 

Follow the Dash 2 Trade whitepaper to learn more about this project, and join the Dash 2 Trade Telegram channel to keep updated with the latest news surrounding this cryptocurrency. 

Price StageAmount Raised In StageToken Allocation
$0.0476$1,666,00035,000,000
$0.0500$3,500,00070,000,000
$0.0513$3,591,00070,000,000
$0.0533$4,663,75087,500,000
$0.0556$4,865,00087,500,000
$0.0580$5,075,00087,500,000
$0.0606$5,302,50087,500,000
$0.0635$5,556,25087,500,000
$0.0662$5,792,50087,500,000

The above table offers an in-depth look at the changing token price and availability per each of the 9 presale rounds. 

Buy D2T Tokens

3. IMPT - New Cryptocurrency Token Reducing Carbon Footprint

IMPT provides a platform that enables profitable investing and contributions to environmental causes. This ecosystem is concerned with connecting individuals to businesses sharing the goal of reducing their carbon footprint.

To make that possible, IMPT has teamed up with more than 10,000 popular brands and ensured they contribute a portion of their earnings to causes concerned about improving the environment. 

By buying from pre-approved partners, individuals support environmentally-conscious brands and earn IMPT tokens for each purchase. Once investors have the tokens, they can convert them into carbon credits. The carbon credits are minted into NFTs and can be sold on the IMPT.io marketplace.

According to the IMPT whitepaper, this ecosystem provides a social platform enabling individuals to track their carbon footprint. They're scored according to their environmental impact and points are rewarded for positive contributions.

IMPT tokens are currently in presale and available at $0.018 making it one of the most promising cryptos on the market. The project has raised almost $1 million after a few days. The next stage of the presale will bump up the price to $0.023.

Investors wishing to get the latest information about this network can join the IMPT Telegram channel.

Buy IMPT tokens

4. Tamadoge (TAMA) - NFT Game Offering Rewards and 18x Returns

Tamadoge might initially appear to be another meme coin. But it separates itself from Dogecoin and Shiba Inu by offering players in-game rewards and entertainment. Most investors agree that Dogecoin has little utility, but Tamadoge enables players to climb the leaderboard by raising digital pets.

Players that nurture their pets into adulthood the fastest and then win battles receive TAMA tokens. Grooming pets involves walking, feeding and exercising them. Players can also breed pets to earn rewards.

Tamadoge proved it would be one of the best cryptos to buy during its crypto presale. It sold out in under two months and was scheduled to last until Q2 2022. The presale raised $19 million, but the initial coin offering (ICO) was even more spectacular.

TAMA was listed on OKX on 27 September 2022. Early investors bought TAMA coins for $0.01 during the presale, then watched the coin surge to $0.19 during the ICO. That's 18x returns for investors during a crypto winter. Investors who cannot access the centralized version can buy TAMA on OKX decentralized. The coin is also available on Uniswap and Bitmart.

LBank and MEXC listed Tamadoge on 5 October 2022.

The other way Tamadoge distinguishes itself from most meme coins is with its deflationary status. Only 2 billion coins are in circulation, and that will decrease over time with the 5% token burn of transaction fees in the pet store. 

Other developments coming to the platform are the P2E Arcade games and the augmented reality (AR) app. The app will make the interaction between players and pets more realistic. Also, Tamadoge will release common, rare and ultra rare NFTs on 6 October 2022. That will enable players to increase the pets' strength to achieve higher rewards quicker.

Stay in touch with this project's latest developments by subscribing to the Tamadoge Telegram channel.

Buy TAMA on OKX CEX

Buy TAMA on OKX DEX

5. Battle Infinity (IBAT) - Global Metaverse P2E Game with 6 Platforms

Another one of the most profitable cryptocurrency to buy is IBAT. It's the native token of the NFT-based fantasy sports game Battle Infinity. Players can access 6 platforms on this play to earn game that enables players to battle other players, stake coins and sell in-game assets.

NFT passes are required to enter the IBAT Premier League and can be purchased on Battle Marketplace. In the league, players build up teams to win tournaments and receive IBAT tokens. All in-game rewards are exchangeable for fiat currencies on Battle Swap, the platform's decentralized exchange.

Battle Games provides access to multiple games, and Battle Arena enables players to explore the Metaverse with their uniquely outfitted avatars. VR headsets are used for the exploration and interaction with other players in real-time. 

This crypto game has enabled staking. Players battle it out for the highest rewards by selecting solo, duo or crates staking. The global staking pool receives IBAT tokens from the platform's transaction fees and distributes them to the most active players.

Battle Infinity has hinted since its presale that it would provide returns to investors. The presale was scheduled to last 90 days, but overwhelming demand for IBAT tokens resulted in it selling out within 25 days. A PancakeSwap exchange listing followed, and IBAT's price pumped. It provided early investors with 700% returns.

Find out the latest developments by subscribing to the Battle Infinity Telegram channel.

Visit Battle Infinity

6. Lucky Block (LBLOCK) - Popular NFT Competition Distributing Major Prizes

Lucky Block is also one of the most profitable crypto. It has transformed itself from a regular prize-giving ecosystem to an NFT competition platform offering major prizes. To enter the draws, investors need to buy one of the 10,00 NFTs available in the Platinum Rollers Club NFTs.

Even if players don't win a Lamborghini, $1 million in Bitcoin or a home worth $1 million, Lucky Block still pays daily rewards as long as players keep their NFTs in their wallets. The other potential way to profit from this platform is by holding the native token, LBLOCK.

After its successful presale, LBLOCK was listed on PancakeSwap at the beginning of 2022. Investors who bought LBLOCK in January didn't have to wait long for massive returns as the coin surged by 1,100% by mid-February. Presale investors received returns of more than 3,000%.

Investors can also buy Lucky Block on LBank, MEXC and Gate.io. Lucky Block CEO Scott Ryder announced that more listings will follow. That will provide the coin with more exposure and could result in higher demand. Ryder also announced a 1% monthly token burn. The first burn was hosted on 30 September 2022, and the intent is to increase the coin's value.

A key development in this project is the LBLOCK V2 token. It's an ERC-20 token that doesn't levy a sales tax. It's perfect for day traders and scalpers wanting to profit from intra-day movements without incurring a 12% sales tax, which applies to the original token.

Visit Lucky Block

7. Solana (SOL) - Efficient Ecosystem Facilitating Large-Volume Transactions

Using the Solana network offers developers and peer-to-peer users several advantages. This network is ideal for developers wanting a platform to build scalable applications. Solana enables users to send funds globally for mere pennies.

Besides the low costs, Solana provides a platform that's extremely efficient. Large volumes of transactions can be processed in seconds. Currently, Solana's network processes around 4,000 transactions per second. But the platform is working on upgrading its system to process 65,000 transactions per second.

Users can also take advantage of safe transacting because Solana's network is spread over thousands of independent nodes. Besides providing a reliable and effective ecosystem, Solana boasts a highly lucrative coin.

SOL is one of the cryptos to watch because it has provided investors with massive returns. That's because many investors recognized the utility the project offers and the real-world problems it solves.

Investors who bought SOL in January 2021 watched the coin go on an epic bull run, eventually providing more than 20,000% returns by November of that year.

Buy Solana on eToro

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

8. Cardano (ADA) - Top Proof of Stake Platform Earning Investors High Profits

Cardano's proof of stake platform was designed to be flexible and scalable for facilitating smart contracts. Developers use Cardano to build games, decentralized applications (dApps) and cryptocurrencies.

By using the proof of stake consensus, Cardano rewards the highest number of ADA tokens to validators depending on their investment in the pool and the length of time that the coins were locked in.

The network enables developers to design native coins that operate on the same architecture as the ADA coin. These native tokens are regarded as superior to other coins on the blockchain because they're more secure and have lower transaction fees.

ADA Is one of the cryptos with the most potential to go on an epic bull run. It's proven that twice in the last five years. At the end of 2017, Cardano's price pump resulted in investors bagging returns of more than 5,000%. The most recent bull run was at the end of 2020. The coin surged more than 2,000% by September 2021.

Buy ADA on eToro

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

9. Ethereum (ETH) - Second Biggest Coin Facilitating Smart Contracts

Ethereum hosts thousand of dApps and is a leading smart contract provider. Its smart contract functionality enables a project's stakeholders to communicate with each other without the control or interference of a central authority.

Ethereum used the proof work consensus, requiring miners to verify transactions. But the network changed to a proof of stake platform during the infamous Ethereum Merge. The motivation behind the move was to reduce Ethereum's carbon footprint and make the entire ecosystem more environmentally friendly.

Switching to the new consensus has enabled stakers to earn rewards by staking ETH. Other upcoming developments to Ethereum's network are lower transaction fees and more efficient transactions. 

Ethereum is the second-largest crypto by market capitalization. It usually follows Bitcoin during its bull run, and it did just that at the end of 2020. Investors who bought ETH in September 2020 received returns of just over 1,400% by November 2021.

Buy ETH on eToro

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

10. Dogecoin (DOGE) - Ultimate Meme Coin Receiving Celebrity Endorsements

Many investors regard Dogecoin to be the best meme coin because of the returns provided. Although Dogecoin's bull run was based purely on speculation since the coin doesn't have much utility, it has made an impact on the crypto community.

It's listed on the major exchanges and was the talk of the town during the meme coin era. A key reason the coin's price surged was due to celebrity endorsements, especially by Elon Musk. Dogecoin became even more popular once it was listed on Robinhood and Tesla announced it would accept it as a payment method.

Numerous meme coins were developed as a result of Dogecoin's popularity. Many tried to feed off its hype by claiming to be a better alternative but no meme coin project emulated Dogecoin's returns. 

The coin surged at the end of 2017 and pumped to 2,000% by the beginning of 2018. But that bull run paled in comparison to its latest price pump. The coin surged again at the end of 2020, providing investors with more than 20,000% returns by May 2021.

Buy DOGE on eToro

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

11. Bitcoin - Pioneering Crypto Providing Rewards for the Longest Duration

Bitcoin was the first decentralized cryptocurrency and is the highest profit crypto since it's been on the blockchain the longest. It's a long term crypto that has become more popular throughout the years, and it has increased its returns to investors.

It's the leading cryptocurrency by market capitalization and has been on several bull runs. Bitcoin's 2013 bull run provided investors with more than 1,000% returns. At the time, it was unheard of for a financial asset to yield such high returns in a short period. And Bitcoin was only one of the few cryptos to have a bull run that year. 

Not only did Bitcoin's 2017 bull run offer massive returns again, but it was the catalyst for many of the best altcoins to surge as well. Many investors entered the crypto market in 2017 because of the attention that Bitcoin's bull run received.

Bitcoin was the leading crypto during the most recent bull run. During the 2020 global lockdowns, asset prices plummeted, and many investors lost hope in receiving returns in the near future. 

Bitcoin didn't need long to recover, as it began making higher lows towards the end of the year and eventually led the 2021 crypto bull, reaching its all-time high of $69,000 in November that year. With that said many investors are now asking themselves how much should I invest in Bitcoin.

Buy Bitcoin on eToro

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

How to Find Highly Profitable Crypto

The highest profit cryptocurrency usually had several bull runs. Investors can analyze the charts of assets to gauge their price action. It’s common for the most volatile cryptos to provide the highest profits.

Investors can also use several methods to open buy positions as cryptos are surging.

Signals

Numerous crypto signals groups send alerts to subscribers about cryptocurrencies on the move. The alerts inform investors about the entry price and the potential profit-taking level.

Traders can also customize their own settings in TradingView. This charting platform enables traders to sort assets according to the percentage change in daily movement. Cryptos with the highest price movements appear at the top and in green, making it easy for traders to notice.

CoinMarketCap

CoinMarketCap tracks the listings and price movements of cryptocurrencies on the blockchain. It also ranks cryptos according to their market capitalization. The top 10 cryptocurrencies on the list captured the biggest share of the market and have done so because investors have demanded those coins.

Dogecoin wasn’t one of the top 10 cryptos before its latest bull run, but investors buying the coin during its hype resulted in it becoming one of the biggest coins on the market.

Presales

Blockchain projects that had one of the best crypto presales are usually profitable during the ICO. Battle Infinity’s presale sold out within 25 days, and its price surged 700% when listed on PancakeSwap. Tamadoge’s presale also sold out ahead of schedule, and its listing provided 19x returns during its OKX listings.

Similarly, Dash 2 Trade's D2T token is currently still in round 2 of a 9-stage presale. Available to buy at $0.05 per token, D2T has collected over $2 million in under 1 week of launching.

Another coin having a very successful presale at the moment is IMPT. Investors benefit from the token rewards and holding NFTs, valued as assets and exchangeable on the IMPT.io marketplace.

Most Profitable Time to Buy Crypto

Buying low and selling high is the most profitable investment strategy. The part of that equation investors struggle with the most is finding the bottom. Many investors believe that ICO prices are the bottom, but lower prices are found during presales.

Only a small group of investors know about each project’s crypto presale. During the ICO is when the rest of the market finds out about it. But discounted prices are available at the onset of the project, especially during the beta presale.

That is the first value attached to the asset and usually the lowest. Currently, Dash 2 Trade (D2T) is in the second stage of the presale. It's priced at $0.05 and will be $0.0662 in the final stage. That’s inherent profits for investors as the coin enters the various stages of its presale.

D2T's presale has already been successful, raising more than $2 million in a few days since launch. If it continues at this pace, it will sell out quickly. Then demand will increase, and it could have an explosive ICO.

Tamadoge proved that theory. It raised $19 million during its presale, and investors who didn’t buy the coin during that period were afraid of FOMO. They rushed to buy Tamadoge during its OKX listing, which resulted in presale investors receiving 1,800% returns.

Conclusion

Before knowing how to trade cryptocurrency for profit, investors need to identify volatile assets. Those assets are likely to provide the highest profits for investors. Although the most profitable cryptocurrency to buy are usually one of the top 11 coins by market capitalization, we found a few that are currently in presale.

FightOut's presale has already proven the FGHT token is profitable, especially because it has raised a tremendous amount of money in a short period and offers investors a bonus. Once it lists on exchanges, $FGHT is likely to become more valuable as investors rush to buy the 10% allocated to liquidity.

Buy FGHT Tokens

FAQ

Which crypto is most profitable short term?

Trading cryptocurrency for profit in the short term requires traders to find highly volatile cryptos. One profitable cryptocurrency in the short-term can be FightOut (FGHT) - which raised $2 million in just a few days.

On top of that, FightOut's presale offers bonus tokens to investors.