Cryptocurrencies have been around since 2009, meaning that they belong to the newest asset group in the market. The fact that they are being traded in a short period of time makes them the riskiest investment too. However, many cryptocurrencies have proven to be quite profitable, bringing early investors huge returns. Though still many cryptos are highly speculative and involve risks, you can find several projects worth investing in if you explore the market carefully. We have done thorough research about the most profitable crypto to buy in 2023 and introduced the results in this guide. Read on to find out our top ten picks and their reviews to better understand and select which coin you want to buy. The guide also provides useful information about which factors to consider if you want to buy coins, when to buy them and how to invest in profitable cryptocurrencies. Top 10 Most Profitable Cryptocurrency Projects of 2023 Based on the detailed research of the cryptocurrency market conducted by our specialists, we have picked these ten projects as the most profitable cryptos to buy in 2023. Love Hate Inu – Most Profitable Memecoin To Buy in 2023 FightOut – Most Profitable Cryptocurrency to Buy in the Presale Stage C+Charge – Eco-Friendly Project with a High-Profit Concept RobotEra – Metaverse Crypto Game to Buy at a Low Price Binance Coin – Cryptocurrency that Supports One of the Most Popular Crypto Exchanges Cardano – Smart Contract Blockchain with Successful Adoption Bitcoin – Most Profitable and Well-established Crypto Project Ethereum – Second Largest Cryptocurrency with Huge Potential to Grow Dogecoin – Popular Meme Coin with Huge Support on Social Platforms Reviewing the Most Profitable Cryptocurrency Coins It is an excellent time to invest in the cryptocurrency market, as prices are dramatically down right now. Apart from the highly popular crypto assets with a price history to prove their durability over the bear market, there are also a couple of new projects to buy in the presale. If you want to take advantage of the bear market and add some exciting projects to your portfolio, here are the 10 most profitable cryptocurrencies to buy in 2023. Love Hate Inu – Most Profitable Memecoin To Buy in 2023 Love Hate Inu is the most profitable memecoin to buy this year, thanks to its meme-coin-laden marketability and its unique utility. The project uses staking as a way to create a Vote-to-Earn ecosystem where users can vote on different types of polls and earn from them. The process of voting has to do with staking. The more tokens you stake, the higher your voting power will be. Another major aspect that pushes this crypto project forward is it’s simple attributed for this process. The process of staking is simple, and the voting takes the form of simple “love it, hate it” poll. users can also create their own polls and engage with the community. There is also a management dashboard through which the process of voting is simplified to the highest degree. This dashboard will allow members of the Love Hate Inu community to watch over the voting proceedings and ensure that there is no spam. This approach to voting will allow Love Hate Inu to penetrate the online survey ecosystem – a thriving industry in its own right. Brands will also be able to create sponsored polls and engage with their customer base once the project goes live. There are also metaverse plans in store that will see this voting mechanic making its debut in the virtual space. Love Hate Inu is a presale asset given away at a discount price of $0.000085 at the current stage of the presale. The listing price has been set to $0.000145, which will bring 70.5% profit to those who move in early. Buy Love Hate Inu FightOut – Most Profitable Cryptocurrency to Buy in the Presale Stage We consider FightOut the most profitable cryptocurrency to buy in the presale stage and there are multiple reasons for that. First of all, the early investors of its FGHT native token will receive a bonus depending on their investment volume and venting period. However, this bonus will be removed once the project raises capital worth $5 million. The coin is available to buy right now at an extremely low price, with one FGHT costing 0.0166. This is the lowest possible price of FGHT as long as its value increases once the first stage of its presale ends. More than 50% of the tokens available for the first stage are already sold, which raises capital of more than $2.7 million. Another positive factor about investing in FGHT is that 90% of the coins are planned to sell during the presale stage. It means that there will be 10% FGHT tokens available for the CEX listing creating scarcity for the coin. Another reason to invest in this new token is the amazing project behind it. It is designed to serve the FightOut app with move-to-earn elements. FightOut’s main aim is to level up users’ health and fitness, meanwhile enabling them to earn rewards for exercising. The app is designed as a way to track down their exercises and workouts. Once you complete a certain workout, new scores will be added to your stats, for which you will be rewarded in REPS tokens. This is the in-app token of the platform, which can be used to buy in-game items. By buying a FightOut membership you will be able to mint your unique avatar, which can’t be transferred or sold. The avatar will represent you inside the FightOut metaverse, through which you can socialize and compete to gain prizes. One of the pluses of FightOut is its professional team of Web3 developers and fitness enthusiasts. So, by providing information on your physical fitness, trainers will give you a workout plan and help you through the process. The app will also provide several educational videos where you can learn how to do the exercises and ensure that you train your muscles correctly. The project is now gaining huge popularity due to its marketing campaign, and the team also plans to involve professionals as the brand ambassador of the project. The presale of the FGHT token will end on March 31st. The first CEX listing is expected on April 5, with a listing price of $0.0333. See our guide on how to buy FightOut tokens or click the link below to visit the public sale. Fight Out has already raised close to $6 million and the presale is concluding on 31st March 2023. Act fast to invest in this unique M2E crypto. Buy FightOut C+Charge – Eco-Friendly Project with a High-Profit Concept Eco-Friendly cryptocurrency projects are in high demand currently. This was expected since there has been major backlash from government entities as well as similar organizations against crypto like Bitcoin and Ethereum, which cause environmental harm in some or the other way. C+Charge is an example of the same, and is precisely why could be one of the most profitable investments an investor can consider at the moment. C+Charge is created by a group of highly skilled professionals with extensive experience in business and blockchain. It essentially aims to incentivize users to adopt EV or Electric Vehicles by making the process of maintaining one easy, while also providing additional incentives. It is building a robust Peer-to-Peer (P2P) payment system for EV charging stations built on blockchain technology. Users will be allocated individual electronic wallets, which they can use to pay for EV charging with the C+Charge utility token CCHG. The team has already assured potential partnerships with brands and influential figures who can help build their product on a global scale and has been keeping their community updated about each and every development through its social media handles. C+CHarge is also in its presale phase and has been surging in demand on a regular basis now. The first CEX launch for CCHG tokens is set to be on 31st March this year. So if any investor is looking for a green cryptocurrency with excellent use cases at discounted prices, then CCHG could be an excellent pick. C+Charge has already raised close to $3 million, and the presale is ending on 31st March 2023. You only have a little time now to become an early mover. Visit C+Charge RobotEra – Metaverse Crypto Game to Buy at a Low Price RobotEra is another brand new project in the cryptocurrency world with its native token TARO, that investors can use to generate rewards. TARO is available to buy in the presale currently with its lowest price of $0.020. The token’s first presale stage will end once it raises $1.8 million, after which its value will increase to $0.025 for the second presale stage. There are multiple ways users can earn money with TARO apart from trading when the coin gets official. First, it will serve as a decentralized metaverse game – RobotEra, which has play-to-earn elements. So, the players can spend their tokens within the game and generate new rewards while playing. TARO is an ERC-20 token which means that it is stackable and users can make money locking up their coins. As a play-to-earn metaverse game, RobotEra will offer a number of exciting features for its future players. The whole game is based on creating a new world with robots after the latter wins the war against the people who created them. All the avatars within the game are represented as robots, and they are incentivized as unique NFTs. Every player can own a piece of land within RobotEra’s metaverse and construct assets on it. Robots can also socialize with other players and visit Central City. It is a safe place for them, filled with different leisure places, including museums, theme parks, concert halls, etc. All the in-game items within this ecosystem are also represented as NFTs, and users can buy accessories for their robots. Additionally, they can build robot companions for them, which will help with different tasks. RobotEra players can also browse the platform, do several activities and participate in different quizzes to win rewards in the form of TARO tokens. RobotEra is a safe project verified by SharkTeam and KYC verified by CoinSniper. It has a well-designed website where users can find all the information regarding its roadmap and other elements of the project. See our full guide on how to buy RobotEra token. Buy RobotEra Binance Coin – Cryptocurrency that Supports One of the Most Popular Crypto Exchanges Love Hate Inu and Fight Out are among the newest cryptocurrencies in the market that have the potential for growth in 2023. Now, let’s take a look at some of the most well-established coins that have been traded for a relatively long period. Binance Coin is among the most popular cryptocurrencies that you can buy during the bear market. It’s the fourth largest crypto with a market capitalization that only ranks behind Bitcoin, Ethereum, and USDT. As the coin name’s hints to us, Binance Coin is designed to serve one of the leading crypto exchanges in the world. The initial coin offering of the BNB took place before the launch of the Binance exchange and is intended to raise capital for the exchange. The team managed to raise $15 million in BTC and ETH selling 100 million BNB at $0.15 each. Initially, Binance Coin was based on the Ethereum blockchain and was meant to give fee discounts for traders on the Binance exchange. Later, Binance created its own blockchain calling it the Binance Chain. Eventually, BNB has become the native token of the Binance Chain, and its use cases have extended too. BNB can also be used to pay for the transaction fees on the Binance exchange. Additionally, BNB is accepted as a digital asset and can be used by merchants to pay for different goods and services. The coin is used in different industries to pay for travel bookings, entertainment, online and financial services, etc. Two main important factors that can influence the price of the token are the popularity of the exchange and the coin’s decreasing supply. Binance is the largest crypto exchange with trading volume, and it has millions of active users. The popularity of the BNB is correlated with the popularity of the exchange, so its demand is likely to increase if more people use Binance. The second factor is that Binance is a deflationary coin, and each quarter, the team buys a certain amount of the tokens to burn them and reduce the supply. Buy BNB Coin Your capital is at risk. Cardano – Smart Contract Blockchain with Successful Adoption Cardano is a programmable blockchain platform that developers can use to build decentralized apps, games, and digital tokens. One of the unique things about Cardano is that the whole project is based on scientific research. It uses the same consensus mechanism as Ethereum, which is called Proof of Stake. The family of PoS consensus mechanisms used by Cardano is called “Ouroboros” and it is meant to provide a sustainable, flexible, and scalable blockchain. This makes Cardano one of the most successful crypto projects and one of the largest digital coins with its market capitalization. The project has a native token – ADA, with a maximum supply of 45 billion tokens. As the main currency of Cardano’s network, ADA plays a major role within its ecosystem. It is used as both a utility and a governance token. First of all, ADA is used to pay transaction fees on Cardano’s blockchain. The token is also used to store value to send and receive payments. Additionally, ADA can be staked to generate rewards and contribute to the network’s safety. As a governance token, ADA grants voting rights on Cardano’s projects. Unlike other well-established projects such as Bitcoin and Ethereum, ADA is quite affordable, with each token being traded at $0.314. So, it is an excellent option to add to your crypto portfolio with a promising project and good price history. Buy Cardano Your capital is at risk. Bitcoin – Most Profitable and Well-established Crypto Project of All-Time Bitcoin is the first, most successful, and most profitable cryptocurrency of all time. It has the longest price history that proves how this cryptocurrency has successfully experienced all the bear markets and increased in value, hitting all-time highs. Founded in 2009 and being traded at below $1, Bitcoin’s value has increased by millions of percentage points over time. Bitcoin hit its last all-time high before the bear market and reached $68.000. Now the coin is traded at $19,000, which makes it the most valuable coin. Due to its scarcity, Bitcoin is also the largest crypto with a market cap of $336 billion. What makes Bitcoin so valuable? First, it is the first cryptocurrency in the market that has created a buzz and garnered popularity. The second thing that influences Bitcoin’s value is its scarcity. Only 21 million Bitcoins can be mined in history, more than 91% of which are already mined and in circulation. The number of BTC that can be mined is reducing, making it even harder to issue new coins. This makes the mining process of the coin quite difficult and costly. The high demand for the coin and its super scarcity are the main things making Bitcoin so valuable. Apart from it, Bitcoin has real-world value. It is a payment method that can be used to send money fast, securely, and without the involvement of a third party. Many companies, shops, and markets use Bitcoin as a payment method so people can buy goods and services in BTC too. However, investing in Bitcoin is reasonable in the long-term perspective as it does not have massive price fluctuations in the short term. Buy Bitcoin Your capital is at risk. Ethereum – Second Largest Cryptocurrency with Huge Potential to Grow Though Ethereum is one of the most valuable and less volatile cryptocurrencies in the market, it can be one of the most profitable ones in 2023. It is one of the pioneers of the DeFi industry and has been launched to prove that cryptocurrencies can be far more important than simply being a payment method. The project started in 2014 with an ICO where the native token, ETH was valued at $0.30. During the bull market of 2021, Ethereum hit its all-time high, almost being traded at $5000, which means that the coin’s value increased by hundreds of times. The coin’s value suffered massively during the last bear market, and it is now traded somewhere at $1300. But Ethereum is considered one of the well-established cryptos in the DeFi industry with a huge potential for growth in the future. ETH is based on the ERC-20 token standard, and it is the main currency within Ethereum’s ecosystem. It is used to pay for gas fees when you make transactions on the platform hence owning ETH tokens is mandatory if you want to use its platform. The greatest thing about Ethereum is that it is one of the leading programmable platforms which developers can use to build their apps and tokens. And most of the projects in the DeFi are built on Ethereum’s network. Another great news about Ethereum is the Merge that has taken place recently. The project has joined its original execution layer with a new and more environmentally-friendly consensus layer – Proof of Stake. This will bring some improvements to the project reducing the gas fees and making it more scalable. Buy Ethereum Your capital is at risk. Dogecoin – Popular Meme Coin with Huge Support on Social Platforms Dogecoin is one of the oldest cryptocurrencies that was created as a meme. Emerging as a joke, Dogecoin does not have any serious intentions of becoming a useful cryptocurrency. Furthermore, it was created to mock the seriousness related to the cryptocurrency market. But the hype surrounding Dogecoin eventually made it one of the most popular cryptocurrencies in the market. Dogecoin’s popularity has grown over the next few years, creating a huge army of followers on social media. Another thing influencing the coin’s hype is the support that the coin was getting from celebrities. The coin was endorsed by such prominent people as Tesla CEO Elon Musk, who made several tweets about this coin. Currently, Dogecoin is among the 10 largest crypto assets by market capitalization. The coin hit its all-time high in May 2021, reaching $0.682, increasing by thousands of times from its initial value. Now the price of the coin has dropped to $0.076, which makes it quite an affordable investment. Though Dogecoin has some use cases as a payment method, it is worth mentioning that the coin is a risky investment. It is highly volatile and can bring returns in the short-term perspective, but you need to be cautious with this investment. Buy Dogecoin Your capital is at risk. Factors to Consider When Choosing to Invest in a Cryptocurrency The volatility of the cryptocurrency market makes it challenging to find out the most profitable cryptocurrencies and predict which coins can perform well in the near future. How to know which coins are worth investing in, and what factors to consider when selecting a cryptocurrency to buy? In this section, we have shed some light on the factors you need to consider when choosing to invest in a cryptocurrency. Past Performance One of the main things to pay attention to when selecting a cryptocurrency is its price performance. Exploring their price history will give you a clear idea of how the coin went through the bear markets and whether it recovered after the market crashed or not. Some of the most profitable coins in our list have not gone through the bear markets yet you will need to use other factors to predict their profitability. However, the well-established ones, including Bitcoin, Ethereum, Dogecoin, and others, have experienced several bear markets so far and have recovered their value after the high losses. That’s why these coins are likely to recover from the market crash again and even hit another all-time high. Real World Use Investing in new cryptocurrencies is an excellent idea because you buy them when they are traded at their lowest value and can benefit when the prices increase. But in this case, you can’t check their price performance and use this factor to select profitable crypto. There are other factors to consider, though, and one of them is their utility cases. If the token has real-world uses other than simply being an asset to buy and sell, it has a more long-term perspective compared to others. Love Hate Inu, Fight Out, and C+Charge are all new crypto projects with their native tokens used for different purposes within their ecosystem. And to use their platforms, users may need their native tokens, which is another factor that can influence their demand. Token Total Supply Obviously, the scarcity of the product and its high demand creates high value. So, the total supply of the token can be another indicator to pay attention to when selecting a cryptocurrency. Tokens with a limited supply have a better chance to increase in value if their demand grows. It is also a good idea to check what percent of the token’s total supply is planned for the presale stage, what percent is already in circulation, etc. Project Vision and Roadmap Eventually, when it comes to selecting a new cryptocurrency to buy, it is highly recommended to explore their future plans and roadmap. It will indicate what updates and upgrades the project plans to hold in the future. The new features or upgrades can highly affect its value and raise it in the case of a successful launch. Besides, it is a good idea to explore the roadmap of the cryptocurrency to see whether it has a development strategy or is simply designed for speculations. What is the Best Time to Invest in Profitable Cryptocurrencies? Most of the success in buying the most profitable cryptocurrencies also depends on when you buy them. The market is quite volatile, and there are always ups and downs in their value. Below you will find out how to understand the best time to purchase cryptocurrencies. Investing as Early as Possible in Presales Cryptocurrency presales are quite common now, and they are beneficial for both parties. It enables the owners to raise extra capital and use it for the development of the project. Meanwhile, traders get the chance to invest in new tokens at their lowest price and benefit when the crypto enters the market and increases in value. Buying the Dip Another opportunity to get cryptocurrencies at a low price is buying the dip. During the bear market, the whole crypto market experiences a downfall, and traders use this time to invest in the market. This is a normal period in the cryptocurrency market, and it does not mean that it will crash completely. But the problem is that not all assets can recover after the crash, and you need to be sure to invest in promising ones and not speculative ones. Relevant Market News – Merges, Forks, etc You can also follow the news and check if there will be any upgrades, forks, or merges related to a certain cryptocurrency. The major events can also lead to price changes and bring you good returns if you invest at the right time. Most Profitable Cryptos to Mine Bitcoin is one of the most profitable cryptocurrencies to mine, but the costs of mining Bitcoin are quite high. As Bitcoin works on the Proof of Work consensus mechanism, you need to run your computer regularly to solve hard computational tasks and contribute to the network by mining a new block. However, mining Bitcoin has become an extremely difficult task due to its low supply. As the supply of BTC that can be mined each year is reducing, miners use sophisticated computers and spend huge electricity power on Bitcoin mining. Anyway, you need to consider that the costs of mining Bitcoin are quite high, and it includes spending a lot of money on setup, technology maintenance, and electricity bills. On the other hand, Ethereum and other projects using ERC-20 token standard offer some rewards through staking. Projects working based on the Proof of Stake protocol enable you to lock up a certain number of your coins for a particular time, contribute to network safety, and be rewarded with new tokens. How to Trade Profitable Cryptocurrencies In this section of the guide, we will walk you through the process of buying one of the most profitable cryptocurrencies – FightOut. This crypto is in the presale stage so the process varies from the CEX trading. Here is how you can start buying it. Step 1. Create a Digital Crypto Wallet – When the cryptocurrencies are in the presale stage, they are not listed on centralized exchanges, so you need to buy them directly from their platform. You must have a digital crypto wallet to connect it to the platform and use its funds to purchase the coin. Hence, your first step is to find a reliable crypto wallet, such as Metamask. Step 2. Buy ERC-20 Tokens – To buy the crypto obviously, you will need to have some other tokens on your wallet that are accepted by the platform. FightOut’s native FGHT token is available to buy with ETH or USDT. If you don’t have any of these tokens, use your CEX account to purchase them with fiat currency. Step 3. Connect Your Wallet – When you have a digital wallet with ETH or USDT coins, the next step is to visit the fightout.com website. Next to the presale announcement, you will see the “Connect Wallet” button, which you need to click and start the process of connecting. Step 4. Buy FightOut Coins – Once your wallet is connected, you can start buying FightOut coins. To proceed with the contract, select which tokens you want to use to buy FighOut and fill in the number of tokens you want to buy. After finishing the transaction successfully, you need to wait until the coin goes official, and you will receive your tokens. Conclusion In this guide, we have discussed a mixture of projects that could each be the next most profitable cryptocurrency this year and some well-established projects that have already delivered high profits. The new cryptocurrency projects included in our list have garnered popularity in the last year and are currently in their presale stages. It means that you have a chance to buy them at an extremely low price. We consider Love Hate Inu the most profitable crypto to invest in due to its unique approach and fun appeal. Check out this link below to invest. Love Hate Inu - Newest Meme Coin Rating Decentralized Polling - Vote to Earn Early Access Presale Live Now Ethereum Chain Featured in Yahoo Finance Mint Memes of Survey Results as NFTs Staking Rewards Viral Potential, Growing Community Learn More FAQs Which are likely to be the most profitable cryptocurrency tokens of this year? While several cryptocurrencies have already experienced huge popularity and growth, several others are still in the early stages of development. Such projects as Love Hate Inu, Fight Out, and C+Charge are in their presale stage, during which you can buy them at an extensively low price. However, once these coins become official and go through the CEX listing, they are very likely to explode in the upcoming years. What is the most useful cryptocurrency in the market? It is always a good idea to invest in a cryptocurrency with real-world use cases other than simply being a speculative asset to trade and earn money on price differences. Coins with utility usage have more potential for growth in the long term and involve lower risks when investing in them. For instance, Love Hate Inu is a great asset to invest in right now due to its memecoin origins and great upsides. What is the most profitable cryptocurrency to mine right now? Though Bitcoin is the most valuable cryptocurrency right now, mining Bitcoin becomes harder and harder over time. The problem is that the amount of Bitcoin that can be issued every year is halved every 4 years. So, instead of spending too much time and money on buying expensive equipment to mine Bitcoin, you can simply stake your ERC-20 tokens for a particular time and earn rewards for your service.