Top 25 best cryptocurrencies to invest in for 2023 

What are the best cryptos to invest in right now? After seeing the crypto market losing over $2B in 2022, you must be wondering what are the best cryptos to buy in 2022 and beyond. 

For the past year, cryptocurrencies have seen tremendous growth and many cryptos have reached new all-time highs. Investors are seeing digital assets more mainstream and crypto has brought profits for some of them.  

In 2021, we saw Bitcoin gaining almost $40,000, and Shiba Inu proved to be more than just another meme coin. But the great and vast world of cryptocurrencies is still in its infancy. As of the 2022 crypto bear market, investors are wondering if this is the bottom and are looking for the right time to invest in cryptocurrencies.  

What should you look for? What are the best cryptos to buy now? Experts recommend investing in projects that have a solid team and roadmap for future developments. And since the crypto market is famous for its volatility, a strong portfolio should be diversified and not solely rely on the evolution of a couple of digital assets.  

Finding the best-performing cryptos for this year can be a huge task, more challenging than finding the best stocks to buy now or the best ETFs for 2023. Also, investors must keep in mind that no experts can predict sure price gains or losses. But one aspect that most trading experts seem to agree upon is that investors should diversify their crypto assets to build a strong portfolio. As a crypto investor, you can boost your holdings by choosing the best trading cryptos over the course of the next year. 

How to Invest in Cryptocurrency – Quick Guide 

If you are looking for a quickfire way of how to trade CFDs on cryptocurrency right now with a trusted and cost-effective crypto trading platform – follow the steps outlined below. 

• Open an account with CAPEX: First, you will need to open an account with CAPEX – a regulated broker that allows you to trade CFDs on cryptocurrency on a spread-only basis. 
• Upload Documents: Like all regulated crypto brokers, you will need to provide a copy of your government-issued ID and a proof-of-residence 
• Deposit: You can deposit funds instantly with Visa, MasterCard, Skrill, Neteller, and many others. 
• Start Trading: Finally, search for the cryptocurrency you want to trade, enter your stake, and confirm the transaction. 

And that is it – you have just opened a position on cryptocurrency via CFDs at CAPEX! The digital coins will now appear in your portfolio. At any given time, you can close your position and cash out. 

Alternatively, you can get exposure to the crypto market without trading cryptocurrencies through cryptocurrency stocks and crypto ETFs.

>> Learn more about Cryptocurrency trading 

Best Cryptocurrency to Invest in for 2022  

Without further ado, here are the best cryptos you can buy in 2023, based on the average maximum price target of 2023 forecasted by the top 5 crypto prediction websites. 

1. Yearn.Finance (YFI/USD) +289% 
2. Solana (SOL/USD) +275% 
3. Compound (COMP/USD) +274% 
4. VeChain (VET/USD) +246% 
5. Decentraland (MANA/USD) +245% 
6. Dash (DASH/USD) +228% 
7. Sandbox (SAND/USD) +209% 
8. Eos (EOS/USD) +200% 
9. Tezos (XTZ/USD) +182% 
10. Neo (NEO/USD) +174% 
11. Axie Infinity (AXIE/USD)+155% 
12. ApeCoin (APE/USD) +155% 
13. Polkadot (DOT/USD) +151% 
14. Aave (AAVE/USD) +151% 
15. Bitcoin Cash (BCH/USD) +139% 
16. Cardano (ADA/USD) +133% 
17. Stellar (XLM/USD) +128% 
18. Tron (TRX/USD) +120% 
19. Litecoin (LTC/USD) +119% 
20. Bitcoin (BTC/USD) +115% 
21. Ethereum (ETH/USD) +110% 
22. Chainlink (LINK/USD) +98% 
23. Dogecoin (DOGE/USD) +90% 
24. Ripple (XRP/USD) +73% 
25. Monero (XRM/USD) +63% 

The cryptocurrencies highlighted on this list are sourced from industry analysts and forecasting agencies, but they may not be a perfect fit for your portfolio. Before you decide to purchase or trade any of these cryptos listed based on the maximum price target for 2023 (average consensus), do plenty of research to ensure they are aligned with your financial goals and risk tolerance. 

#1 Best Crypto to invest in for 2023 - Yearn.finance (YFI) 

• Market Cap: $431,921,648 
• Closing Price 2022: $5,088  
• Average Maximum Price Forecast 2023: $19,823 (289%)  

Yearn.finance (YFI) is an Ethereum token that governs the Yearn.finance platform. It is a yield optimizer that moves funds within the decentralized finance ecosystem in order to maximize returns. Yearn was officially launched as a "profit-switching" lender on July 17, 2020. 

YFI allows users to earn interest on crypto assets using smart contract platforms such as Ethereum. 

YFI didn't provide funds for investors, its founding team, or members of the community when it was launched. Instead, the platform distributed its initial 30,000 tokens equally between liquidity providers and platform users.

The price of YFI rose 35,000% in a single week and reached a peak of $3,125 in July 2020. Yearn Finance, which had $4 billion of liquidity, became the sixth largest crypto lending protocol.

To get the best interest rates, the aggregator automatically transfers funds between decentralized exchanges and lending protocols like AAVE and Compound. Experts consider YFI to be one of the best cryptos to invest in for 2023 as the DeFi market is continually expanding.  

Related: How to buy Yearn.finance 

Why Yearn.finance (YFI) is one of the best cryptocurrencies to invest in 2023 

• Yearn.finance platform simplifies the use of DeFi services and provides a variety of use cases for traders and investors. 
• The Yearn.finance fees are lower than with other protocols. 
• The Yearn.finance protocol is secure and fully decentralized. 

Why Yearn.finance (YFI) may not be a good cryptocurrency to buy in 2023 

• The protocol lacks documentation, which has many questioning its legitimacy. 
• Yearn.finance has faced many security concerns in the past. 
• The YFI coin is entirely speculative. 

What is the maximum price target for 2023? 

• WalletInvestor: $18,337   
• DigitalCoin: $24,242  
• CryptoPredictions: $12,139 
• Long Forecast: $24,514   
• Price Prediction: $19,885   

#2 Best Crypto to invest in for 2023  - Solana (SOL)  

• Market Cap: $8B   
• Closing Price 2022: $9.96 
• Average Maximum Price Forecast 2023: $37.5 (+275%)    

Despite Ethereum being a much more mature and established platform with a larger developer community and more widespread adoption, Solana is relatively competitive in this space.  

Solana's consensus mechanism, proof-of-stake (PoS), allows the network to process up to 65,000 transactions per second (TPS), while Ethereum is limited to around 12 TPS. This means that Solana can handle a much higher volume of transactions, making it more suitable for decentralized applications that need to process a large number of transactions.  

Solana also has a growing ecosystem of DApps (decentralized applications), projects, and developers that are building on the platform, which means more adoption, use cases, and opportunities for innovation.  

Why Solana is one of the best cryptocurrencies to invest in 2023  

• Solana is interoperable and boasts some of the fastest transaction speeds in the industry 
• Solana supports a variety of participants in the cryptocurrency 
• Solana has several reputable investors  

Why Solana may not be a good cryptocurrency to buy in 2023  

• Centralization remains an issue as there are less than 200 validators  
• The distribution and emissions schedule makes it unattractive 
• Distribution results in the dilution of the circulating supply  

What is the maximum price target for 2023?  

• WalletInvestor: $44.974   
• DigitalCoin: $46.84   
• CryptoPredictions: $30.6  
• Long Forecast: $28.54   
• Price Prediction: $38.35   

Related: Solana Price Forecast 2023, 2025, 2030  

#3 Best Crypto to invest in for 2023 - Compound (COMP) 

• Market Cap: $245,774,662   
• Closing Price 2022: $31.2 
• Average Maximum Price Forecast 2023: $116.80 (+274%)  

Compound (COMP) is the native coin of the Compound DeFi protocol. Compound hosts lending pools that allow users to earn interest on various cryptocurrencies. These pools enable token holders to lend their tokens to other token holders at algorithmically determining interest rates. These actions are based on supply/demand. 

Compound (COMP) is an Ethereum token that allows community governance of Compound protocol. The protocol is a network of decentralized interest rate markets that allows users to borrow and lend Ethereum tokens at variable rates. 

Since the DeFi market is expected to grow exponentially in the future, experts consider COMP to be one of the best cryptos to invest in for 2023.  

Related: How to buy Compound 

Why Compound is one of the best cryptocurrencies to invest in 2023 

• The Compound platform offers higher Interest rates in comparison with traditional banking.  
• Compound is a Decentralized Autonomous Organization that is governed by the community.  
• No KYC is required to use the platform, which gives the users a liberating experience. 

Why Compound may not be a good cryptocurrency to buy in 2023 

• There are suspicions about its decentralization, as 46% of COMP is held by three groups. 
• The DeFi market is highly unregulated.  
• The Compound protocol has strong competition, such as Aave and Yiern.finance.  

What is the maximum price target for 2023?  

• WalletInvestor: $4.708  
• DigitalCoin: $80.28  
• Trading Beasts: $58.708  
• Long Forecast: $47.4  
• Price Prediction: $84.43  

#4 Best Crypto to buy in 2023 - VeChain (VET)  

• Market cap: $1.80B    
• Closing Price of 2022: $0.015  
• Average Maximum Price Forecast 2023: $0.052 (+246%) 
    

VeChain's roots can be traced back to Ethereum, but now it primarily focuses on payment networking, voting, smart contracts, and more. With VeChain's innovative solutions, developers can offer features tailored to businesses. VeChain securely records and verifies all supply chain information.  

The VeChain Foundation was created to tackle the challenges faced by the logistics industry, particularly in regard to scattered and inconsistent data. Despite dealing with large amounts of data daily, there was a lack of a system to effectively communicate and organize it. This resulted in severe compartmentalization, causing most supply chain management to rely on centralized data sources, leading to less authentic and unclear data transmission.   

Why VeChain is one of the best cryptocurrencies to invest in 2023  

• VeChain has many real-world partnerships with popular and reputable corporations 
• VeChain’s solutions can be applicable to a variety of industries 
• VeChain has a dedicated, experienced team and it is one of the older blockchains still experiencing success 

Why VeChain may not be a good cryptocurrency to buy in 2023  

• High minimum deposits for running nodes 
• Some high withdrawal fees (depending on the exchange) 
• There is a significant amount of competition in the field  

What is the maximum price target for 2023?  

• WalletInvestor: $0.0847  
• DigitalCoin: $0.0529   
• Crypto Predictions: $0.048   
• Long Forecast: $0.034   
• Price Prediction: $0.04338      

Related: VeChain price prediction 2023, 2025, 2030

#5 Best Crypto to buy in 2023 - Decentraland (MANA)  

• Market cap: $1.10B    
• Closing Price of 2022: $0.297  
• Average Maximum Price Forecast 2023: $1.02 (+245%)   

Decentraland is one of the most popular virtual reality platforms available today. Built on the  Ethereum blockchain, Decentraland is a digital space where users can create, experience, and monetize content and applications in an immersive 3D world. The platform often referred to as a metaverse, has an entire economy that is powered up by its own token called MANA. However, to transfer any assets on the blockchain, users also need Ether (ETH) to pay for the gas fee since the platform uses the Ethereum blockchain.   

MANA token is tradable on cryptocurrency exchanges, and its price variations are a direct reflection of the popularity of the metaverse.   

The platform allows for the creation of virtual real estate, which can be bought, sold, and developed on the blockchain. Decentraland is a direct competitor for the Sandbox and they both became popular in 2021 during the NFT investment hype.   

Additionally, users can interact with each other and with the content within the virtual world using the platform's cryptocurrency, MANA. 

Why Decentraland is one of the best cryptocurrencies to invest in 2023  

• Decentraland’s community governance is backed by the Security Advisory Board (SAB) 
• There is the option for auctioning of NFTs and selling of LAND for MANA 
• There are several use cases for Decentraland tokens 

Why Decentraland may not be a good cryptocurrency to buy in 2023  

• There is a great lack of engaging content 
• Lack of variation in the terrain in Decentraland 
• Risk of exploitation as a result of the risk of cyberattacks 

What is the maximum price target for 2023?  

• WalletInvestor: $19.90  
• DigitalCoin: $19.06   
• Crypo Predictions: $12.56 
• Long Forecast: $10.05  
• Price Prediction: $15.65      

Related: Decentraland price prediction 2023, 2025, 2030 

#6 Best Crypto to invest in for 2023 - Dash (DASH) 

• Market Cap: $0.5B   
• Closing price 2022: $42 
• Average Maximum Price Forecast 2023: $138 (228%)  

Dash (DASH) was first launched in 2014. Originally known as Xcoin, it was rebranded to Darkcoi in 2014 and adopted its current name, Dash, soon afterward.  

After its 2014 launch, Dash would continue to differentiate its technology by adding new features that make transactions more like traditional online payment methods.  

InstantSend allows users to send DASH instantly without having to wait for transactions to be verified on the Dash blockchain. Instead, users could send cryptocurrency directly to Masternodes, which would then lock the funds and record them in an upcoming block. 

PrivateSend, another Dash feature, allowed users to send transactions via a built-in mix service. Masternodes would allow users to send DASH to Masternodes. This would combine the transactions with other transactions, hiding the trace of the original transaction. 

This commitment to constantly adding new features to the network, makes Dash one of the best cryptos to invest in for 2023. 

Related: How to buy Dash

Why Dash is one of the best cryptocurrencies to invest in 2023 

• Dash has a great team behind the project, comprised of tech-savvy members who continuously develop software upgrades. 
• Dash has a feature called PrivateSend, which allows users to send anonymous transactions.  
• The Dash protocol comprises a dual network mining and maintenance system that enables great security and flexibility.  

Why Dash may not be a good cryptocurrency to buy in 2023 

• There is strong speculation among the Dash community that most of the masternodes are run by the development team of the protocol, which is a threat to the protocol’s decentralization. 
• DASH is just a fraction of the amount of money transacted by its competitors. 
• The privacy feature is called “mixing”. Some say that’s nothing more than a coin tumble, and that it could be reversed or traced if someone controls the masternodes that the transaction passes through.  

What is the maximum price target for 2023? 

• Wallet Investor: $171.63   
• DigitalCoin: $150.02  
• CryptoPredictions: $97.77   
• Long Forecast: $146.40 
• Price Prediction: $123.68 

#7 Best Crypto to buy in 2023 – The Sandbox (SAND)  

• Market cap: $1B    
• Closing Price of 2022: $0.383  
• Average Maximum Price Forecast 2023: $1.18 (+209%)
     

The SAND token is needed to play games, make in-game purchases, and personalize avatars. This metaverse coin can also be used to upload assets onto the marketplace or purchase Gems that determine an ASSET's rarity or scarcity. SAND token holders can vote on key elements of the project's roadmap and are eligible for governance.    

To earn more SAND tokens, players can engage in crypto staking. This is the only way players can get the gems required for asset creation. It’s important to note that players retain 95% of SAND revenue. 

Why The Sandbox is one of the best cryptocurrencies to invest in 2023  

• Players can create custom NFTs 
• Built with compatibility with Ethereum’s ecosystem and metaverse 
• In-game asset creators retail copyright for life 

Why The Sandbox may not be a good cryptocurrency to buy in 2023  

• Limited by Ethereum’s skyrocketing gas fees 
• More can be done to increase interoperability 
• All functions are yet to be implemented 

What is the maximum price target for 2023?  

• WalletInvestor: $1.60  
• DigitalCoin: $1.37   
• Crypo Predictions: $1.12  
• Long Forecast: $0.71   
• Price Prediction: $1.12      

Related: The Sandbox price prediction 2023, 2025, 2030

#8 Best Crypto to invest in for 2023 - EOS (EOS) 

• Market cap: $974,367,806 
• Closing Price 2022: 0.86 
• Average Maximum Price Forecast 2023: $2.59 (+200%)   

EOS (EOS) is a blockchain-based decentralized platform that can be used to host and develop business applications or dApps. 

Its technology aims to address historical problems in using blockchains to run dApps. Popular applications have even been clogged up on blockchains such as Ethereum. This has resulted in performance issues for all users. Due to EOS’s design choices, the blockchain can confirm more transactions per minute while eliminating transaction fees. 

Also, EOS is most well-known for holding the largest-ever initial coin offering (ICO), which raised over $4 billion through the sale of 1 billion EOS in a year-long sale. 

Related: How to buy EOS

Why EOS is one of the best cryptocurrencies to invest in 2023 

• EOS is a highly scalable blockchain as it uses a delegated proof of stake (DPOS) consensus. (it can handle up to 10,000 TPS) 
• EOS is likely to support Bitcoin integration in the future.  
• The EOS network upgrades each time there is a software upgrade, instead of performing a hard fork. 

Why EOS may not be a good cryptocurrency to buy in 2023 

• Block.one is the largest single holder of EOS tokens, which poses a threat to the decentralized feature of the network.  
• EOS faces competition from networks such as Ethereum and NEO. 
• Block.one, the company developing EOS has been involved in an SEC settlement, as they were accused of selling unregistered securities.  

What is the maximum price target for 2023? 

• WalletInvestor: $3.76  
• DigitalCoin: $2.74   
• Crypto Predictions: $1.94   
• Long Forecast: $2.27   
• Price Prediction: $2.27  

#9 Crypto to buy in 2023 - Tezos (XTZ) 

• Market Cap: $1B 
• Closing Price 2022: 0.717 
• Average Maximum Price Forecast 2023: $2.02 (+182%)   

Tezos (XTZ) is a blockchain network that is linked to a digital token known as a "tez" or "tezzie". Tezos does not use mining to generate the token. Instead, token holders get a reward for participating in the Proof-of-Stake (PoS) consensus mechanism.

Tezos, essentially, run tiny bits of self-executing code called smart contracts. Many features that are common to other cryptocurrencies are used within the Tezos blockchain. 

Its software can be used by developers to create new programs (decentralized apps) or run custom programming logic (smart contracts) that replicate products and services. 

While other blockchains can be decentralized, Tezos has a mechanism that allows for collective decision-making. Tezos token owners are entitled to vote on any pending protocol developments. 

Related: How to buy Tezos

Why Tezos is one of the best cryptocurrencies to invest in 2023 

• Tezos’ PoS consensus is inexpensive compared to other blockchains (low gas fees).  
• Tezos blockchain allows any stakeholder to participate in the consensus mechanism and rewards for contributing to the security and stability of the network. 
• Tezos claims to provide safety and code correctness for high-value use cases. 

Why Tezos may not be a good cryptocurrency to buy in 2023 

• There is a delay in token issuance, causing some users to miss out on their rewards without being informed. 
• Blockchain developers consider Tezos to be an immature network. It is difficult to predict what its transaction fees and speeds will be once the platform becomes more widespread. 
• There is a lack of commercial support with Tezos. 

What is the maximum price target for 2023?

• WalletInvestor: $2.19 
• DigitalCoin: $2.48  
• Crypto Predictions: $1.58 
• Long Forecast: $1.83 
• Price Prediction: $2.04  

#10 Best Crypto to invest in for 2023 - Neo (NEO) 

• Market Cap: $462,505,272   
• Closing Price 2022: $6.13 
• Average Maximum Price Forecast 2023: $16.85 (+174%)   

Neo (NEO) was originally founded in China as AntShares in 2014 by Da Hongfei and Erik Zhan. It was rebranded in June 2017. Neo is a blockchain platform that supports its own cryptocurrency, enables the creation of digital assets, and facilitates smart contract development. It is similar to the Ethereum network. 

Neo contracts are different from other smart contract-based protocols in that developers can create applications using popular languages like Java and C#, rather than learning a brand-new programming language. This makes it one of the best crypto to invest in 2023 since more DApps are expected to be developed on Neo.  

NEO, in some analysts' views, could be the cryptocurrency of choice for China, given the restrictions, China has placed on cryptocurrency transactions in recent times. NEO's Onchain technology, which was created by NEO with a centralized approach that is very different from most cryptocurrencies, has been regulator-friendly since its inception. 

Related: How to buy NEO 

Why Neo is one of the best cryptocurrencies to invest in 2023 

• NEO offers a complete ecosystem that can be used to establish a smart economy. 
• There is an active NEO developer community. 
• The programming of NEO is simpler than other projects and it can be done in 5 different programming languages with plans to increase this to up to 10. 

Why Neo may not be a good cryptocurrency to buy in 2023 

• NEO is centralized and displeases true libertarians, governance is in the hands of only a few. 
• Half of all NEO is in control of the developers.  
• The creator company's work is aimed at cooperating with the Chinese government, which may lead to false anonymity. 

What is the maximum price target for 2023?

• Wallet Investor: $20.87  
• DigitalCoin: $25.94   
• Crypto Predictions: $16.12   
• Long Forecast: $22.72   
• Price Prediction: $21.32  

#11 Best Crypto to buy in 2023 – Axie Infinity (MANA)  

• Market cap: $1.20B    
• Closing Price of 2022: $6.04  
• Average Maximum Price Forecast 2023: $15.44 (+155%)  
   

Axie Infinity Shards (AXS) are governance tokens for the Axie Universe that can be used for staking, governance, and payments. Players can earn rewards by staking their tokens, participating in the game, and casting key governance votes. In addition, players need to use Smooth Love Potion (SLP) tokens for breeding Axies. These tokens can be earned through gameplay and traded for money on a crypto exchange.     

Players can purchase Axie Infinity and virtual real estate through an in-game marketplace using non-fungible tokens (NFTs). Most of the transactions take place on Ronin, a sidechain that Sky Mavis specifically designed to have lower fees than the main Ethereum blockchain.   

Why Axie Infinity is one of the best cryptocurrencies to invest in 2023  

• Axie Infinity’s gameplay is based on trading and battling 
• It is a comprehensive P2E blockchain-based game that is boosting the adoption of blockchain technology 
• There are many future developments planned for the game  

Why Axie Infinity may not be a good cryptocurrency to buy in 2023  

• There are earning limitations on the game 
• NFTs could create an economic bubble that could collapse because of market hype   
• There are high costs involved with staking 

What is the maximum price target for 2023?  

• WalletInvestor: $19.90  
• DigitalCoin: $19.06   
• Crypo Predictions: $12.56 
• Long Forecast: $10.05   
• Price Prediction: $15.65 

Related: Axie Infinity price prediction 2023, 2025, 2030

#12 Best Crypto to buy in 2023 - ApeCoin (APE)  

• Market cap: $2B    
• Closing Price of 2022: $3.63  
• Average Maximum Price Forecast 2023: $9.27 (+155%)   
   

ApeCoin serves as a governance and utility token within the APE ecosystem. It enables the decentralized community to participate in the advancement of Web3 actively.  

Through ApeCoin DAO (the decentralized governance framework), holders of ApeCoin (APE) exercise self-governance. APE holders cast their votes on the utilization of the ApeCoin DAO Ecosystem Fund. The APE Foundation then executes the proposals that receive the majority vote.      

Why ApeCoin is one of the best cryptocurrencies to invest in 2023  

• ApeCoin features a decentralized governance structure 
• Token supply is neither inflationary nor deflationary 
• ApeCoin is an ERC20 token with fast transactions with low fees 

Why ApeCoin may not be a good cryptocurrency to buy in 2023  

• There is no mining of new tokens 
• There are concerns over attacks by flash loans 
• Still too early to predict ApeCoin’s future potential  

What is the maximum price target for 2023?  

• WalletInvestor: $10.74  
• DigitalCoin: $10.55   
• Crypo Predictions: $7.02   
• Long Forecast: $9.38   
• Price Prediction: $8.68      

Related: ApeCoin price prediction 2023, 2025, 2030

#13 Best Crypto to invest in for 2023 - Polkadot (DOT) 

• Market Cap: $5,356,220,420   
• Closing Price: $4.31 
• Average Maximum Price Forecast 2023: $10.83 (+151%)   

Polkadot is a secure, interoperable, and scalable blockchain network that supports any type of data across any blockchain. It encourages a global network of computers to run blockchain networks on top of which users can launch their own blockchains. 

Polkadot’s cryptocurrency, DOT, is aiming to be as popular as Ethereum in smart contracts and the deployment dApps.

The innovative blockchain design, according to Polkadot, will allow its users to perform transactions more privately and efficiently. It will also create blockchains that don’t reveal user data to the public or process a larger number of transactions.

Related: How to buy Polkadot

Why Polkadot is one of the best cryptocurrencies to invest in 2023 

• Polkadot is faster and more scalable than the Ethereum blockchain.  
• Polkadot uses parachains to solve blockchain congestion issues. Each application has its own mini blockchain (parachain) that connects back to the main chain. 
• Polkadot’s co-founder, Dr. Gavin Wood, is the former Ethereum's Chief Technology Officer.  

Why Polkadot may not be a good cryptocurrency to buy in 2023 

• Polkadot competes with other cryptocurrencies, including Tezos, Cardano, and Ethereum.  
• Polkadot lacks huge amounts of liquidity, unlike its competition.  
• There is a bad reputation within the community due to the insecurity surrounding the distribution of DOT supplies.  

What is the maximum price target for 2023?  

• WalletInvestor: $15.97   
• DigitalCoin: $12.97   
• Crypto Predictions: $7.47   
• Long Forecast: $7.05   
• Price Prediction: $10.69  

Related: Polkadot price prediction 2022, 2025, 2030

#14 Crypto to buy in 2022 - Aave (AAVE) 

• Market Cap: $807,046,211  
• Closing Price: $52  
• Average Maximum Price Forecast 2023: $130.5 (+151%) 

Aave (AAVE) is one of many emerging DeFi cryptocurrencies. The Aave platform is a decentralized lending platform that allows users to borrow, lend and earn interest on crypto assets without the need for middlemen. 

Instead of running on the Ethereum blockchain, Aave is a system that uses smart contracts to allow these assets to be managed via a distributed network computer. 

Aave users don't need to give their trust to a specific institution or person that will manage their funds. They must only trust that the code will work as it is written. 

The Aave protocol is allowing crypto investors to earn more from their crypto holdings, which makes its coin AAVE one of the best cryptos to invest in right now.  

Related: How to buy AAVE 

Why Aave is one of the best cryptocurrencies to invest in 2023 

• Aave platform is an important part of DeFi industry. 
• The platform offers the best range of cryptocurrencies that can be lent and borrowed, making it attractive to new users.  

Why Aave may not be a good cryptocurrency to buy in 2023 

• The Aave platform is not designed for beginners. 

What is the maximum price target for 2023?

• WalletInvestor: $163.62   
• DigitalCoin: $163   
• Crypto Predictions: $107   
• Long Forecast: $83   
• Price Prediction: $136   

#15 Best Crypto to invest if for 2023 - Bitcoin Cash (BCH) 

• Market Cap: $2.4B   
• Closing Price 2022: $97  
• Average Maximum Price Forecast 2023: 232 (+139%)   

Bitcoin Cash (BCH) is a cryptocurrency designed to have many similarities with Bitcoin (BTC), but also to incorporate some unique features that will help it stand out.  

BCH is considered a "fork" of Bitcoin, and its proponents claim that Bitcoin Cash adheres more closely to the original vision of Bitcoin. This, BCH's supporters claim, was focused on creating an electronic cash system through peer-to-peer transactions in the mould laid out in a 2008 whitepaper by Satoshi Nakamoto, the founder of the protocol. 

Bitcoin Cash's core features make it both long-term storage of value and an extremely efficient medium of exchange. These two uses, plus the open and decentralized nature of Bitcoin Cash's protocol, make it a way to support and enhance global economic freedom. That’s why many consider Bitcoin Cash to be one of the best cryptos to buy in 2023.  

Related: How to buy Bitcoin Cash 

Why Bitcoin Cash is one of the best cryptocurrencies to invest in 2023 

• Lower transaction fees than Bitcoin.  
• Greater scalability. 
• Bitcoin Cash is highly efficient, as it has much larger blocks than Bitcoin. 

Why Bitcoin Cash may not be a good cryptocurrency to buy in 2023 

• Lower adoption than Bitcoin.  
• Bitcoin Cash has branding issues, which can hurt investor faith. 
• Bitcoin Cash miners get less profit, which may affect their motivation to continue mining. 

What is the maximum price target for 2023?

• WalletInvestor: $295.49 
• DigitalCoin: $274.06  
• Crypto Predictions: $184.802  
• Long Forecast: $180  
• Price Prediction: $226.51

Related: Bitcoin Cash price prediction 2022, 2025, 2030

#16 Best Crypto to invest in for 2023 - Cardano (ADA) 

• Market Cap: $9,282,280,172 
• Closing Price 2022: $0.246 
• Average Maximum Price Forecast 2023: $0.574 (+133%)   

Cardano (ADA) is one of the largest cryptocurrencies by market cap, which makes it one of the best cryptos to invest in. It is a next-generation evolution of Ethereum's idea. The blockchain aims to be flexible, sustainable, and adaptable to run smart contracts. Cardano uses the PoS consensus mechanism. This will enable the development of many decentralized financial apps, new crypto tokens, and games. 

In 2021, Cardano has rolled out the smart contract feature. This allows Cardano to move closer to its goal of offering developers a blockchain platform that is secure, robust, scalable, and highly efficient.  

The Cardano blockchain's native currency is ADA, which can be used to store value, send and receive payments and pay transaction fees on the Cardano blockchain. 

Related: How to buy Cardano

Why Cardano is one of the best cryptocurrencies to invest in for 2023 

• Cardano is created to be a highly scalable network and can secure fast transactions (over 250 TPS). 
• The Cardano network operates with significantly low gas fees, compared to Ethereum.  
• Cardano, with its PoS mechanism, consumes 99% less electricity than Bitcoin or Ethereum. 

Why Cardano may not be a good cryptocurrency to buy in 2023 

• Cardano is still under development, but developing slowly. 
• A huge part of the Cardano (ADA) supply is staked (over 70%) which increases scarcity.  
• The Cardano community is less active than its competitors (Ethereum).  

What is the maximum price target for 2023?  

• WalletInvestor: $0.57   
• DigitalCoin: $0.74    
• Crypto Predictions: $0.63  
• Long Forecast: $0.36   
• Price Prediction: $0.57  

Related: Cardano price prediction 2022, 2025, 2030

#17 Best Crypto to invest in for 2023 - Stellar (XLM) 

• Market cap: $1,937,279,325   
• Closing price 2022: $0.07 
• Average Maximum Price Forecast 2023: $0.16 (+128%)

Launched in 2014, Stellar is a blockchain network that allows users to send money or assets today in ways that were previously only available through traditional payment services. 

Anyone could use Stellar to transfer anything, from traditional currencies to tokens that represent new or existing assets. With the help of its cryptocurrency lumens (XLM), these assets can be traded among users without any friction. 

Stellar is similar to the Ripple (XRP) network, and its cryptocurrency XRP, which are also intended to serve as a payment protocol for financial institutions. 

Related: How to buy Stellar Lumens 

Why Stellar is one of the best cryptocurrencies to invest in 2023 

• Stellar addresses the scalability challenge and can process thousands of transactions per second. 
• Stellar transactions have small network fees. 
• Stellar has partnered with several well-established organizations such as IBM, Deloitte, TransferTo, and others.  

Why Stellar may not be a good cryptocurrency to buy in 2023 

• Stellar has many competitors such as Ethereum, Ripple, and others. 
• XLM is still a relatively unpopular cryptocurrency. 
• Stellar developers are more interested in creating new partnerships with well-established financial institutions than advocating for the network’s native token, XLM.  

What is the maximum price target for 2023?  

• WalletInvestor: $0.254   
• DigitalCoin: $0.18  
• CryptoPredictions: $0.146 
• Long Forecast: $0.10  
• Price Prediction: $0.15174    

Related: Stellar Lumens price prediction 2022, 2025, 2030

#18 Crypto to buy in 2023 - Tron (TRX) 

• Market Cap: $6B  
• Closing price 2022: 0.0545 
• Average Maximum Price Forecast 2023: $0.12 (+120%) 

Tron (TRX) is a cryptocurrency developed by Tron Foundation that runs on the Tron blockchain. The Tron blockchain allows other currencies and products to be created through smart contracts and decentralized apps (DApp). 

Justin Sun, founder and ex-CEO of Tron, is the public face of the company. Tron has offices across North and South America, as well as the Asia Pacific regions. 

Tron was launched at the height of 2017's crypto boom. Since then, Tron has gathered a global team of developers and investors around a vision of how cryptocurrencies can reshape the internet. 

However, while the goal to use blockchains in order to create a distributed internet was common among the projects that were launched at the time, Tron's offering stood out with a communication strategy that resonated, despite criticisms of its technology. TRON is one of the top cryptos today. 

Related: How to buy Tron

Why Tron is one of the best cryptocurrencies to invest in 2023 

• Tron can support a large number of running applications. 
• Tron can process more than 2 000 transactions per second. 
• Blockchains that support decentralized applications (DAPPS) are a major driver of the price of the native cryptocurrency of the network.  

Why Tron may not be a good cryptocurrency to buy in 2023 

• Tron is often accused of centralization. 
• Tron is still only in the initial stage of development. 
• The Tron network has strong competition (Cardano, EOS.io, Neo, and Polkadot)  

What is the maximum price target for 2023? 

• WalletInvestor: $0.0754 
• DigitalCoin: $0.0936 
• Trading Beasts: $0.088 
• Long Forecast: $0.068 
• Price Prediction: $0.10  

Related: Tron price prediction 2022, 2025, 2030

#19 Best Crypto to invest in for 2023 - Litecoin (LTC) 

• Market Cap: $6B   
• Closing price 2022: $70 
• Average Maximum Price Forecast 2023: $153.5 (+119%)

Litecoin (LTC) is a peer-to-peer digital currency. From a technical point of view, the Litecoin blockchain is extremely similar to Bitcoin’s blockchain.  

Charlie Lee, a former employee of Google, created Litecoin in 2011. Although the cryptocurrency is based on Bitcoin, it has different hard caps and block transaction times. Lee wanted to create a lighter version of Bitcoin. Developers always said that Litecoin could be considered the silver version of Bitcoin. Litecoin has a faster transaction confirmation rate (2.5 minutes per block) than Bitcoin.  

Related: How to buy Litecoin

Why Litecoin is one of the best cryptocurrencies to invest in for 2023 

• Litecoin has a long-standing reputation in the crypto market top ten. 
• The Litecoin network offers lower fees than other cryptocurrencies. 
• Litecoin transactions are faster than Bitcoin transactions.  

Why Litecoin may not be a good cryptocurrency to buy in 2023 

• Litecoin users may have to wait for their transactions due to network congestion up to 30 minutes. 
• Recent Litecoin sentiment has been turning slightly bearish. 
• The asset’s halving doesn’t have the same impact as Bitcoin’s. 

What is the maximum price target for 2023?  

• WalletInvestor: $169.3   
• DigitalCoin: $196.1  
• CryptoPredictions: $114.5 
• Long Forecast: $126.7   
• Price Prediction: $161.2   

Related: Litecoin price prediction 2022, 2025, 2030

#20 Best Crypto to invest in for 2023 - Bitcoin (BTC) 

• Market Cap: $430B   
• Closing Price 2022: $16,550 
• Average Maximum Price Forecast 2023: $35,595 (+115%)   

Bitcoin is still one of the best cryptos to invest in for 2023. While Bitcoin (BTC) has been around since 2009 over a decade but it's only just getting started. In 2021, Bitcoin has seen a new all-time high. Bitcoin’s price has risen from just $30,000 to $70,000 and pulled the entire industry into a bull market. Bitcoin is the steering wheel for the cryptocurrency market.  

The increasing demand for Bitcoin is sufficient to declare it one of the best cryptos to invest in 2021 and justifies adding it to your portfolio. In 2021, big inventors and institutions have been actively engaged in buying digital assets. As of July 2022, MicroStrategy owns 129,699 Bitcoins, making it the largest publicly traded corporation to invest in BTC. At the same time, Tesla sold $936 million worth of bitcoin in the second quarter, more than a year after the company bought $1.5 billion of the cryptocurrency at the peak of its massive growth and popularity.   

BTC is the most valuable asset a crypto investor has. The crypto market is expected to be bullish if Bitcoin is rising. If Bitcoin falls, however, all bets are off. We've seen this in the summer of 2021 and again during the bear market of 2022. Bitcoin prices plummeted and almost all digital currencies were affected.   

Related: How to buy Bitcoin 

Why Bitcoin is one of the best cryptocurrencies to invest in 2023 

• US investors can enter the crypto market by using ProShares Bitcoin Strategy ETF (BITO). 
• Bitcoin is the first cryptocurrency to be legal tender. El Salvador is the first country to make Bitcoin its national currency. 
• Bitcoin accounts for about 46% of the total crypto market value (the biggest crypto). 

Why Bitcoin may not be a good cryptocurrency to buy in 2023 

• Bitcoin requires expensive mining equipment to maintain the network functioning. 
• Bitcoin is not widely accessed as a payment method.  
• Risk of deflation as the total number of Bitcoins is capped at 21 million. 

What is the maximum price target for 2023?

• WalletInvestor: $30,454   
• DigitalCoin: $49,224   
• Crypto Predictions:  $24,034   
• Long Forecast: $33,996 
• Price Prediction: $40,269  

Related: Bitcoin price prediction 2022, 2025, 2030 

#21 Best Crypto to invest in for 2023 - Ethereum (ETH)  

• Market Cap: $153,285,187,687   
• Closing Price 2022: $1,197 
• Average Maximum Price Forecast 2023: $2519 (+110%)   
   

While smart contracts can be compared to paper contracts, they are able to execute once all criteria have been met. However, they don't require any intermediary like a bank or other middlemen. Decentralized exchanges (DEXs), security tokens that can replace paper stock certificates, financial products, and non-fungible tokens can all be built on the Ethereum network.   

In 2022, the ETH2.0 upgrade was finalized. Ethereum blockchain transitioned from a Proof-of-Work (POW) to a Proof-of-Stake (PoS) consensus mechanism. This has greatly increased transaction throughput and significantly reduced blockchain fees for traders.   

At the same time, Ethereum is the most widely used platform for coin production. It has many applications due to its decentralized apps and ERC-20 token standard. Most popular DApps, security tokens, and NFTs are built on the Ethereum blockchain. It may be expected that Ether (ETH) will become the only coin to surpass Bitcoin, which makes it one of the best cryptos to buy in 2023.  

Related: How to buy Ethereum   

Why Ethereum is one of the best cryptocurrencies to invest in 2023  

• Ethereum is the most used blockchain, and Ether, its cryptocurrency, is used to pay transaction gas fees.  
• Most decentralized applications are built on Ethereum.  
• The Ethereum 2.0 upgrade sustains scalability.   

Why Ethereum may not be a good cryptocurrency to buy in 2023  

• The Ethereum (ETH) supply cap is not defined and can grow, causing inflation, but future updates can burn some ETH.   
• The Ethereum PoS may not deliver that much value for the Ether (ETH) coin.  
• Ethereum stakers tend to be centralized in big hubs.   

What is the maximum price target for 2023?   

• WalletInvestor: $2011   
• DigitalCoin: $3,447   
• Crypto Predictions: $1886  
• Long Forecast: $2420   
• Price Prediction: $2,832  

Related: Ethereum price prediction 2023, 2025, 2030

#22 Crypto to buy in 2023 - Chainlink (LINK) 

• Market cap: $2,953,295,011    
• Closing Price: $5.57  
• Average Maximum Price Forecast 2023: $11.05 (+98%)  

Chainlink (LINK) is an Ethereum token that powers the Chainlink decentralized Oracle network. This network allows smart contracts on Ethereum to securely link to external data sources, APIs and payment systems.

Chainlink was established to address the problem of having to rely on an external data source in order to execute the contract's terms. Chainlink encourages data providers, called "oracles", to act as a bridge between external data sources and blockchain smart contracts. 

Each oracle in the Chainlink network has a reputation score that is used to reward them for providing accurate data. Chainlink's cryptocurrency, LINK, reward nodes that follow the software's rules and provide useful data. 

Chainlink was among a lot of projects established in 2017. To date, it has been able to deliver its vision despite the increased general market activity. 

Related: How to buy Chainlink

Why Chainlink is one of the best cryptocurrencies to invest in 2023 

• There are many partnerships and integrations between Chainlink and trusted partners. 
• Chainlink aims to facilitate the acquisition and integration of off-chain information in a simple and efficient way. 
• The Chainlink development team is suited to the implementation of the project. 

Why Chainlink may not be a good cryptocurrency to buy in 2023 

• Only 35% of the LINK tokens were sold to the public. 
• The development team does not communicate much about the progress of the project. 

What is the maximum price target for 2023? 

• WalletInvestor: $0.55  
• DigitalCoin: $9.08  
• Trading Beasts: $7.07  
• Long Forecast: $4.99  
• Price Prediction: $8.43     

Related: Chainlink price prediction 2022, 2025, 2030

#23 Best Crypto to invest in for 2023 - Dogecoin (DOGE) 

• Market Cap: $9,640,537,736 
• Closing Price 2022: $0.07 
• Average Maximum Price Forecast 2023: $0.133 (+90%) 
   

Dogecoin was launched in 2013 as a joke to mock Bitcoin and it was quickly picked up by the online community, especially on Reddit and BitcoinTalk. It was used for online tipping and charity.  

Dogecoin uses the same technology (Proof-of-Work) as Bitcoin to verify transactions on the blockchain. Today, many Dogecoin supporters consider DOGE to be a better choice for everyday payments because it can process transactions faster and transaction costs are much more affordable than Bitcoin transactions. 

However, there are some core differences in the way Dogecoin was created. It doesn’t have a maximum supply, meaning that an infinite number of coins can be mined.  

Dogecoin tends to follow less the market’s trends, as it is more influenced by external factors such as support from online influencers and celebrities. Elon Musk has been a great supporter of Dogecoin since 2021. 

Related: How to buy Dogecoin 

Why Dogecoin is one of the best cryptocurrencies to invest in 2023 

• Dogecoin has a huge community across all social media channels, including Elon Musk, Doge’s biggest supporter  
• The Dogecoin community used the coin to tip online creators and for charitable contributions  
• Dogecoin is listed on all major cryptocurrency exchanges and brokers, making it very accessible to retail inventors  

Why Dogecoin may not be a good cryptocurrency to buy in 2023 

• Dogecoin was created as a joke and it is a meme coin, with no real fundamentals 
• Elon Musk’s tweets about Doge have proven to greatly influence the market 
• Dogecoin has no fixed total supply, and it can be mined infinitely, creating inflation over time 

What is the maximum price target for 2023? 

• WalletInvestor: $0.207 
• DigitalCoin: $0.16 
• Crypto Predictions: $0.092 
• Long Forecast: $0.082 
• Price Prediction: $0.125 
• Related: Dogecoin Price Forecast 2023, 2025, 2030

Related: Dogecoin price prediction 2022, 2025, 2030

#24 Best Crypto to invest in for 2023 - Ripple (XRP)  

• Market Cap: $17,603,678,710    
• Closing price 2022: $0.34 
• Average Maximum Price Forecast 2023: $0.59 (+73%)  
   

Ripple is a digital payment network that uses its own cryptocurrency, XRP, which can be used to make financial transactions. The company behind Ripple, Ripple Labs, uses a blockchain-based system, which is a network of validation points to verify transactions. This is one of the best cryptos to invest in for 2023, considering the utility of XRP.  

Ripple (XRP) can be used to settle payments, exchange assets, and create a remittance system that works more like SWIFT (a service that transfers international money and security via banks and financial intermediaries).   

Related: How to buy Ripple  

Why Ripple is one of the best cryptocurrencies to invest in 2023  

• The Ripple network has proven to improve payment processing worldwide effectively.   
• XRP crypto is closely associated with several banks, investment companies, and organizations worldwide.  
• Ripple will launch a marketplace (Liquidity Hub) for financial firms to allow financial service companies to offer their clients an option to buy and sell cryptocurrencies. 

Why Ripple may not be a good cryptocurrency to buy in 2023  

• Ripple was sued by SEC in the US for allegedly selling unregistered securities (XRP) during ICO. The trial is ongoing.    
• The Ripple network functions solely on a protocol consensus algorithm that validates accounts and transfers payments through independent nodes (it does not use PoW or PoS).  
• Some cryptocurrency investors claim that Ripple (XRP) is not truly decentralized crypto.  

What is the maximum price target for 2023?  

• WalletInvestor: $0.620    
• DigitalCoin: $0.81   
• CryptoPredictions:  $0.48   
• Long Forecast: $0.42   
• Price Prediction: $0.647     

Related: Ripple price prediction 2023, 2025, 2030 

#25 Best Crypto to invest in for 2023 - Monero (XMR) 

• Market cap: $2,6B 
• Closing price 2022: 147.28 
• Average Maximum Price Forecast 2023: $239.6 (+63%)    

Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy, fungibility, censorship resistance, and decentralization.  

It is one of the most widely used anonymity-focused cryptocurrencies available today. Monero has been a pioneer in privacy-focused cryptography. Monero is especially popular among those who believe that crypto mining should be available to all (ASIC Resistance) and financial privacy. True cryptocurrency believers advocate for truly private, such as Monero (XMR) which makes it one of the best cryptos to invest in 2023.  

Related: How to buy trade Monero 

Why Monero is one of the best cryptocurrencies to invest in 2022 

• The Monero blockchain has significantly lower transaction fees than the Bitcoin blockchain. 
• Monero (XMR) is a truly fungible cryptocurrency and nobody can trace back the crypto using the public ledger. 
• The Monero mining algorithm allows computers to participate in the process.  

Why Monero may not be a good cryptocurrency to buy in 2022 

• Some investors avoid Monero (XMR) due to rumors that it’s a cryptocurrency used in illegal activities.  
• Monero is not as widely available on cryptocurrency exchanges like Bitcoin. 
• The number of cryptocurrency wallets that support Monero (XMR) is limited.  

What Do Experts Say About the Future of Monero (XMR)?  

• WalletInvestor: $273.8   
• DigitalCoin: $318.4   
• CryptoPredictions: $183.5  
• Long Forecast: $156   
• Price Prediction: $262.64 

In conclusion, which is the Best Cryptocurrency to Invest in for 2023? 

While this is a list of cryptocurrencies with a high chance of growth in 2023, investments should be based on thorough research. Like any forecast, these are merely a prediction for the current trend of the market, which is known to be quite unpredictable in the crypto space.  

If current trends continue to evolve, large players like Bitcoin and Ethereum may continue to lag behind smaller competitors that will try to take a cut of their market share. There has been an increase in smaller altcoins that offer more functionality and utility than the digital "blue chip" cryptos. Many coins were created due to the shortcomings of major coins. 

However, investors should always keep in mind that the cryptocurrency market is not a zero-sum game. Big cryptos, such as BTC or ETH, can continue on an upward trend, while smaller and newer altcoins can prove tremendous growth.  

But what are the best cryptos to invest in right now? Each investor has to define that for his or her personal portfolio according to the market trends and personal financial goals. Bitcoin has set the foundation on top of which other cryptos can be created. All these coins have their roles. Each digital asset has a different potential, and it’s the investor’s job to devise a suitable investment strategy.  

These crypto assessments and predictions are based on the most current information available. However, things can change quickly and dramatically, as unforeseeable risks could emerge in the crypto sphere. Disruptive technologies, new trends, and regulatory moves could have a significant impact on the fortunes of specific digital coins and the cryptocurrency market in general.   

Investors are advised to keep abreast of the latest crypto price predictions and news, know their individual risk capacity, and play well within it.      

Price Prediction Sources:  
CryptoCurrency Markets, Prices, Predictions & Charts - WalletInvestor.com  
Cryptocurrencies Prediction & Forecast from year 2018 to 2025 | DigitalCoinPrice   
Cryptocurrency Price Predictions (2022) & Live Prices (tradingbeasts.com)  
Introduction - Long Forecast  
Price Prediction | Cryptocurrency Price Predictions 2022, 2025, 2030