Are you hunting for the best new crypto investments? Look no further. Below is a curated list of 12 expert-selected new cryptocurrencies that appear poised for significant growth in 2023. From GameFi projects generating excitement to tokens leveraging AI in innovative ways, these 12 tokens could transform their industries and deliver meaningful returns this year.
They are:
- Chancer (CHANCER)
- Shiba Memu (SHIBA MEMU)
- Metacade (MCADE)
- AltSignals (ASI)
- Livepeer (LPT)
- Balancer (BAL)
- ApeCoin (APE)
- Frax Finance (FRAX)/Frax Shares (FXS)
- AngelBlock (THOL)
- CryptoGPT (GPT)
- Stepn (GMT)
- Aptos (APT)
1. Chancer (CHANCER) — A breakthrough in betting that favors players
What is Chancer?
Chancer is the world’s first decentralized market prediction app built on blockchain. It aims to transform the betting and gambling industry by removing the traditional intermediary—the bookmaker—so users can place peer-to-peer (P2P) bets. That model levels the playing field and avoids odds being set against participants. Users can place any kind of bet, from casual wagers among friends to viral bets on major events like the Super Bowl or the Oscars, and bets aren’t limited to sports.
All bets and payouts use the platform’s native token, CHANCER. Users can earn CHANCER tokens simply by participating and placing bets, creating opportunities for passive income. Additional rewards include betting discounts for frequent users, making the platform more attractive to regular bettors.
Why invest in Chancer (CHANCER)?
CHANCER has clear utility as the platform’s fuel, and the global betting and gambling market’s large size—valued at roughly $64 billion last year—suggests a real opportunity for disruption. Chancer’s decentralized, player-centric model could capture a substantial share of that market, making it an appealing investment for both betting enthusiasts and crypto investors.
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2. Shiba Memu (SHIBA MEMU) — A cute meme coin powered by AI
What is Shiba Memu?
Shiba Memu is a new meme coin themed around the Shiba Inu dog, but it pairs that appeal with a robust marketing engine powered by blockchain and artificial intelligence. The project automates time-consuming marketing tasks so human marketers can focus on strategy. Shiba Memu’s AI learns from successful marketing tactics, generates PR content, publishes on relevant forums and social networks, monitors performance, and continuously optimizes campaigns.
Why invest in Shiba Memu (SHIBA MEMU)?
Unlike many meme coins that rely solely on initial hype and lack long-term utility, SHIBA MEMU provides practical utility by powering its platform’s marketing functions. That built-in use case could support sustained demand for the token and make it a compelling choice for meme-coin fans seeking potential long-term returns.
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3. AltSignals (ASI) — Advanced AI delivering highly accurate trading signals
What is AltSignals (ASI)?
AltSignals is a leading provider of trading signals with a large following—tens of thousands of free-signal subscribers and a long-standing VIP membership. Since 2017, the service has delivered thousands of trade calls with strong historical accuracy. Its proprietary indicator, AltAlgo™, combines many filters to generate trading ideas, and recent performance metrics have been notable for Binance Futures signals.
AltSignals has launched an ASI token presale to back its next major initiative, ActualizeAI. ActualizeAI will use state-of-the-art machine learning, predictive modeling, natural language processing, sentiment analysis, and reinforcement learning to drive higher win rates—potentially above 80%. ASI holders will gain early access to the algorithm and other platform benefits.
Why invest in AltSignals (ASI)?
Owning ASI provides early access to ActualizeAI and membership in the platform’s community features, such as the AI Members Club, where contributors can influence development and participate in backtests. AltSignals also plans trading tournaments and governance mechanisms for ASI holders, positioning the token as both utility and governance within a proven trading-signal ecosystem.
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4. Metacade (MCADE) — A Web3 hub for play-to-earn gaming
What is Metacade (MCADE)?
Metacade is designed as a social hub for Web3 play-to-earn (P2E) gaming. Its vision is to become a go-to destination where gamers, crypto enthusiasts, and developers meet to participate in and shape the GameFi revolution. The platform offers real-time interaction, alpha releases, exclusive tournaments, giveaways, and rewards for community contributions.
Users earn MCADE tokens by sharing gameplay tips, posting reviews, and contributing other valuable content. Metacade also plans a job and events board to connect members with roles ranging from playtest gigs to paid Web3 positions. The Metagrants program will fund developer proposals voted on by MCADE holders, helping promising games secure development capital and reach Metacade’s virtual arcade.
Why invest in Metacade (MCADE)?
Metacade aims to unify the fragmented GameFi space into a single, active community platform that rewards contributors and helps projects grow. Social platforms are vital to gamers—Metacade combines that community aspect with token incentives and plans for a DAO to give holders governance over future development, increasing MCADE’s potential value for investors.
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5. Livepeer (LPT) — Solving a major pain point for video broadcasters
What is Livepeer (LPT)?
Livepeer is a decentralized video infrastructure protocol built on Ethereum. It offers developers and companies a cost-effective, scalable way to build and run video streaming applications. The most expensive part of streaming today is video transcoding—converting and reformatting video for different devices. Livepeer allows broadcasters to tap a network of thousands of nodes, called orchestrators, to perform transcoding without high centralized costs.
Users with spare compute resources can stake LPT as collateral and earn rewards by processing transcoding jobs. If a transcoder underperforms or fails to meet standards, their staked LPT can be slashed as a penalty.
Why invest in Livepeer (LPT)?
Livepeer addresses a clear, costly problem in video streaming by using decentralization to lower costs and increase accessibility. Real-world utility, attractive staking rewards for operators and delegates, and a direct product-market fit make LPT an appealing option for those seeking exposure to infrastructure-focused crypto projects.
6. Balancer (BAL) — The world’s first self-balancing DeFi portfolio
What is Balancer (BAL)?
Balancer is a decentralized exchange (DEX) on Ethereum that enables customizable liquidity pools containing up to eight tokens in custom ratios. Unlike centralized exchanges with order books, Balancer uses automated market makers (AMMs) to facilitate trades and maintain portfolio weights. Pools function like index funds: smart contracts rebalance holdings automatically, so when one asset outperforms, smart contracts sell into that demand and restore the pool’s target allocation.
Why invest in Balancer (BAL)?
Balancer’s flexible AMM model lets users create pools with unique asset combinations and weightings. Liquidity providers earn BAL tokens as rewards when traders use their liquidity, creating a steady income stream. As the DeFi ecosystem grows, Balancer’s unique approach and partnerships with projects like Aave and Polygon strengthen its market position.
7. ApeCoin (APE) — A metaverse currency
What is ApeCoin (APE)?
ApeCoin was created by Yuga Labs after the success of the Bored Ape Yacht Club (BAYC) NFTs. It serves as a utility and governance token in the Ape ecosystem, granting holders access to games, merchandise, events, and services. ApeCoin is intended for use across Web3 applications, including Otherside, Yuga Labs’ ambitious metaverse project where players interact in an open virtual world and own in-game assets known as Otherdeeds.
Why invest in ApeCoin (APE)?
ApeCoin benefits from Yuga Labs’ track record and established community. It already functions as the native token for P2E titles like Benji Bananas and Dookie Dash. Otherside’s development, backed by partners such as Animoca Brands and Improbable, and the high demand seen during initial Otherdeeds sales, suggest upside potential if the metaverse project meets expectations.
8. Frax Finance (FRAX)/Frax Shares (FXS) — Host of the first fractional stablecoin
What is Frax Finance (FRAX)/Frax Shares (FXS)?
Frax Finance initially operated as an algorithmic stablecoin using both collateralized and algorithmic components to maintain a $1 peg. Token holders of Frax Shares (FXS) recently voted to fully collateralize the stablecoin, removing the algorithmic element. Frax also launched the Frax Price Index (FPI), a fractional consumer-price index aimed at creating scalable decentralized currency forms rather than assets with fixed supply.
Why invest in Frax Finance (FRAX)?
Frax has gained traction in DeFi, once reaching a peak TVL of $3.8 billion. Partnerships with projects like Wombat Exchange and OlympusDAO underscore its credibility. Holding FXS provides governance rights, allowing holders to propose and vote on protocol changes—a factor that shaped Frax’s move away from algorithmic pegging and may appeal to investors who value decentralized decision-making.
9. AngelBlock (THOL) — Transforming fundraising through blockchain
What is AngelBlock (THOL)?
AngelBlock is a protocol-based, non-custodial fundraising platform that offers investment opportunities and protections for both investors and startups. It addresses inefficiencies in crypto fundraising, such as fraud and rug pulls, by releasing funds to startups only when they meet agreed milestones. Investors vote on milestone completion, and funds are distributed accordingly.
Why invest in AngelBlock (THOL)?
AngelBlock aims to improve trust and transparency in crypto fundraising by connecting startups with experienced advisors and using a milestone-based funding model. THOL token holders gain access to investment opportunities within the protocol, pay protocol fees, and can stake tokens to earn rewards for nominating startup validators who perform due diligence.
10. CryptoGPT (GPT) — Returning data control to users in the AI era
What is CryptoGPT (GPT)?
CryptoGPT is a blockchain project that leverages the AI momentum to build a data-driven ecosystem. The platform enables users to earn crypto by sharing anonymized data that helps train AI models. CryptoGPT plans a broad dApp ecosystem spanning fitness, dating, gaming, and education, and uses a layer-2 architecture with zkRollup scalability and EVM compatibility.
Why invest in CryptoGPT (GPT)?
CryptoGPT targets mass retail adoption through consumer apps, attracting millions of users to its ecosystem and securing major exchange listings. GPT serves as a general utility token used for staking, liquidity events, on-chain transactions, and purchasing Capsule NFTs that can accelerate earnings. While still young, CryptoGPT offers an intriguing intersection of AI and user-owned data.
11. Stepn (GMT) — A leader in move-to-earn
What is Stepn (GMT)?
Stepn is a Solana-based mobile app that blends gaming, fitness, and crypto. Users earn Green Satoshi Tokens (GST) by walking, jogging, or running while wearing NFT sneakers. Stepn also uses the Green Metaverse Token (GMT) as a governance token, earned by higher-level players and used for staking rewards and platform voting.
Why invest in Stepn (GMT)?
Stepn encourages healthier lifestyles while rewarding activity with crypto. Its user-friendly app, built-in wallet, brand collaborations like ASICS, and backing from venture investors such as MorningStar Ventures, Solana Capital, and Sequoia Capital strengthen its ecosystem and growth prospects.
12. Aptos (APT) — A new blockchain from former Meta engineers
What is Aptos (APT)?
Aptos is a layer-1 blockchain developed by former Meta engineers, building on concepts from the Diem project. It uses Move, a smart-contract language created at Meta, and aims to deliver faster, cheaper transactions than Ethereum, with theoretical throughput up to 150,000 transactions per second after full network maturation. Aptos secured over $350 million in funding prior to exchange listings, backed by a team of researchers and engineers.
Why invest in Aptos (APT)?
Aptos’ design for high throughput and efficient smart-contract processing positions it as a potential challenger to existing platforms. High-profile partnerships and notable team members, along with strong venture capital backing, indicate confidence in Aptos’ long-term prospects.
How to find the newest cryptocurrencies that might explode
Several sources help identify emerging tokens. Crypto listing pages that track newly launched coins provide market data such as market capitalization and trading volume. Searching presale listings and platforms that aggregate initial coin or exchange offerings can reveal very new projects before they list publicly. Social media channels—Discord, Telegram, and influential traders on platforms like Twitter—are also valuable for early signals about new tokens before they reach mainstream attention.
Pros and cons of investing in new cryptocurrencies
Investing in new crypto projects can offer significant upside but comes with risk. The major advantage is the potential for outsized returns if a token gains broad adoption—early investors can see multiples if a project solves a real problem and attracts users. New projects also tend to have passionate communities, which can help adoption and provide investor insight.
However, many new tokens fail. With dozens of new projects launching weekly, some are poorly planned or fraudulent. Thorough due diligence is essential. New tokens also typically show higher volatility than established altcoins, which can make long-term outcomes uncertain and expose investors to rapid losses.
Which new cryptocurrencies are best to invest in right now?
Finding the best new crypto depends on your risk tolerance and research. The projects above highlight a range of approaches: infrastructure plays like Livepeer and AngelBlock; trend-driven projects like ApeCoin and CryptoGPT; and community-focused platforms like Metacade. Two standout picks from this list are Chancer and Shiba Memu, both of which combine strong utility with compelling market narratives.
Related crypto FAQ
Are new crypto coins a good investment?
New coins can be a good investment if they have a solid team, clear use case, and viable technology. Conduct careful research to determine long-term potential before investing.
How are new cryptocurrencies created?
New cryptocurrencies are created either by tokenizing assets or deploying new tokens on existing blockchains, or by launching entirely new blockchain networks.
Which crypto will explode in 2023?
It’s impossible to predict with certainty which crypto will explode in 2023. The tokens listed here show strong potential, with Chancer and Shiba Memu singled out for notable prospects.
What is a crypto listing?
A crypto listing is the process of adding a digital token to an exchange, enabling users to buy, sell, and trade it. Listings typically increase a token’s visibility and liquidity.
What use cases should I look for when investing in new tokens?
Look for projects that solve real problems or improve existing processes. Tokens tied to practical solutions or market inefficiencies tend to have better adoption potential than purely speculative tokens. For example, in real estate, consider blockchain platforms that streamline mortgage processes or simplify property investment and maintenance markets.