Best 10 cryptocurrencies to invest in 2023 (A must-have in your portfolio)

Best 10 cryptocurrencies to invest in 2023 (They should not be missing from your portfolio)
Table of Contents

It can be a complicated task to figure out which cryptocurrencies are worth putting money into in the constantly evolving world. With thousands of options available, it’s crucial to do your research and make informed decisions. That’s why we’ve compiled a list of the 10 best cryptocurrencies to invest in 2023.

However, please note that this article is not investment advice, and it’s essential to do your own due diligence before making any investment decisions. So, if you’re looking to diversify your portfolio and stay ahead of the game, keep reading to discover the cryptocurrencies you shouldn’t miss in 2023.

The Best 10 cryptocurrencies to invest in 2023

Bitcoin (BTC)

The list of the best cryptocurrencies to invest in 2023 will be incomplete except if Bitcoin (BTC), the original cryptocurrency, is mentioned. Since its creation in 2009, the price of bitcoin has increased tremendously, fluctuated back and forth, and withstood numerous crises.

In November 2022, Bitcoin fell to as low as $15,800. As of March 30, 2023, Bitcoin’s price hit $29,124. That’s a growth of almost 100% in less than a year. However, it has not gotten back to its highest level of $69,000, which it hit in November 2021.

Ethereum (ETH)

ethereum eth 2023

Ethereum (ETH) is a blockchain platform that enables developers to create and deploy smart contracts and decentralized applications (dApps). It was founded in 2015 and has since grown to become one of the market’s most popular cryptocurrencies. It is a preferred option for developers building dApps due to its smart contract capabilities.

Investor interest in the coin is growing as a result of the Ethereum community’s ongoing efforts to improve the platform, including the Ethereum 2.0 update that was implemented last year and increases the platform’s scalability and energy efficiency.

Cardano (ADA)

Cardano’s network has a lower eco-footprint, which appeals to investors for a variety of reasons. Cardano requires less energy to complete a transaction than other, larger networks. Therefore, transactions are quicker and more affordable.

Cardano (ADA) is renowned for its strong focus on research and development, with a team of knowledgeable academics and engineers constantly working to improve the platform’s usability and security. ADA is a promising cryptocurrency with significant growth and adoption potential thanks to its cutting-edge technology and strong community support.

Polkadot (DOT)

Polkadot (DOT) is a blockchain platform that seeks to interconnect diverse blockchains. Its interoperability feature makes it possible for many blockchains to exchange information and communicate with one another, building the more connected and cooperative environment that the blockchain industry really needs.

It is a potential player in the crypto market as a result of its scalable design, which facilitates simple customization, interoperability, and scalability.

Ripple (XRP)

Ripple (XRP) is also one of the top ten coins to invest in, despite the ongoing lawsuit with the United States SEC. It is a digital currency that seeks to offer quick and secure transactions, acting as a bridge currency to ease international transactions. XRP transactions complete in roughly 5 seconds, making it one of the quickest altcoins on the market.

What are the best cryptocurrencies to invest in 2023?

Major banks and financial organizations all across the world, like American Express, use Ripple’s technology, RippleNet, to enhance their cross-border payment systems. With a market valuation of over $27 billion right now, XRP is still a well-liked investment option for individuals looking for a dependable and stable cryptocurrency.

Arbitrum (ARB)

Arbitrum is an Ethereum layer-two (L2) scaling solution that employs optimistic rollups to improve Ethereum’s speed, scalability, and cost-efficiency. The blockchain network has recently begun distributing its much-anticipated airdrop of ARB tokens, which are intended to be utilized for governance.

Offchain Labs, the team behind Arbitrum, has many exciting developments planned for 2023, even though the native token of the platform is still quite new. These include, among other things, the introduction of their own layer-three solution called Orbit and a layer-two protocol upgrade with Arbitrum One.

They are also shifting to a decentralized autonomous organization (DAO) structure where ARB token holders can vote on proposals that affect features, protocol upgrades, fund allocation, and the election of a Security Council. This range of utilities might contribute to the value of ARB in the long run.

Polygon (MATIC)

Polygon invest

Polygon was developed by a research team that made important contributions to the Ethereum blockchain platform’s improvement. It develops Ethereum into a multi-chain system as a “layer 2” solution, enhancing transaction and verification speed. Its native token, MATIC, is utilized as a settlement currency, transaction fee, and payment service.

The Polygon network was hosting more than 53,000 decentralized apps as of October 2022. It has, however, just announced the debut of its zkEVM Mainnet Beta, which seeks to increase levels of scalability and ensure optimal interoperability with the Ethereum Virtual Machine.

Polygon (MATIC)’s “non-stop” improvements make it one of the best cryptocurrencies to invest in 2023.

Chainlink (LINK)

According to Coinmarketcap, Chainlink is a well-known blockchain network that enables blockchain technology to communicate securely with external data feeds, events, and payment methods. This information provides the crucial off-chain data necessary for sophisticated smart contracts to become the predominant type of digital agreement.

By becoming one of the first networks to permit the incorporation of off-chain data into smart contracts, LINK is offering a ground-breaking solution that enables users to operate nodes and generate income from the valuable data infrastructure needed for the success of blockchains.

Fantom (FTM)


Fantom is a decentralized smart contract platform for decentralized applications (Dapps) and digital assets developed as an alternative to Ethereum. The objective of Fantom is to overcome the drawbacks of “previous-generation” blockchains and strike a balance between three factors: scalability, security, and decentralization.

Fantom attempts to address issues with existing smart-contract systems, notably transaction speed, which they claim has been lowered to only 2 seconds, using their native coin, FTM. FTM is a promising cryptocurrency to invest in 2023, as it constitutes the foundation of network transactions and permits fee collection, staking, and the user incentives such activities represent.

Optimism (OP)

Optimism (OP), a layer-two blockchain on top of Ethereum, also benefits from the security of the Ethereum mainnet and uses optimistic rollups to enable the Ethereum ecosystem to scale. It indicates that while transactions are first recorded on Optimism, they are eventually secured on Ethereum.

In addition to being one of the best cryptocurrencies to invest in 2023, Optimism seeks to develop an ecosystem where value is generated for token holders, who benefit from the productive redeployment of their revenue, while contributors and builders profit from retroactive public goods financing, and users and community members profit from continuing airdrops and project incentives.

Is it worth investing in crypto in 2023?

As cryptocurrencies are still in their infancy, there is still a lot of possibility for expansion in 2023. They have the potential to be a pretty good investment with sky-high profits overnight, but there are also big drawbacks you need to be aware of. This is because each financial transaction carries its own set of risks and rewards.

You should consider your time horizon, risk tolerance, and liquidity needs when choosing an investment strategy. You must conduct your research, assign a suitable amount to your cash, and acquire the necessary investing skills.

Meanwhile, most of the cryptocurrencies mentioned above are still at their lows compared to the levels reached in the 2021 bull market. Bitcoin, for instance, hit an all-time high of about $69,000 in November 2021, indicating a greater chance of surpassing that level in the next price rally.

Factors to consider before investing in cryptocurrency in 2023

When deciding which cryptocurrencies to invest in, there are several factors to take into consideration. First, you should consider the technology that underpins the cryptocurrency, as this will determine its functionality and potential usefulness.

factors to consider in cryptocurrency investment

Moreover, it is important to examine the use cases of cryptocurrency and how it could potentially be used in the future. Evaluating the team behind the project can also provide insight into the level of expertise and experience they possess.

Another factor is knowing the market capitalization and circulating supply of the cryptocurrency, which can indicate its current and potential value, as well as assessing the potential for adoption and growth of the cryptocurrency, which is crucial to determining its long-term potential.


If you’re seeking the best cryptocurrencies to invest in 2023 with a sizable market capitalization that will guarantee good returns in the long run, these are the best ones. However, it is important to keep in mind that the cryptocurrency market is highly volatile and unpredictable, so it’s crucial to have a long-term investment strategy and not get caught up in short-term gains or losses.

Additionally, staying informed about the latest developments and trends in the industry can help you make more informed investment decisions.

Disclaimer: This article is not investment advice, and it’s important to note that the cryptocurrency market is highly volatile and can be unpredictable, so investing in cryptocurrencies comes with risks. It’s crucial to only invest what you can afford to lose and to consult with a financial advisor before making any investment decisions.


Follow us on Social Networks

Crypto Tutorials

Crypto Reviews