6 Best Altcoins to Invest in For High Potential Gains in Nov – Dec 2023
In Brief
This guide will discuss six of the best altcoins that can potentially offer huge gains in 2023.
Altcoin is a term used to describe alternative coins to Bitcoin. While the first altcoin was launched in 2011, there are now thousands of such assets circulating the crypto space. This guide will discuss six of the best altcoins that can potentially offer huge gains in 2023.
We will carry out detailed reviews on these altcoins – which range from new presale tokens to some of the biggest players in the market.
6 Best Altcoins to Invest in of 2023
Before getting into our detailed reviews, we have listed below the top altcoins to watch in Q4 2023 including several new altcoins:
- Bitcoin ETF Token (BTCETF) – Brand new altcoin is tied to the fate of the Bitcoin ETF approvals. This cryptocurrency can be staked to generate high annual yields and offers deflationary tokenomics. $BTCETF is currently available to purchase across ten presale rounds.
- Bitcoin Minetrix (BTCMTX) – This new platform is decentralizing cloud mining by offering Bitcoin cloud mining power as tokenized credits. Investors can stake $BTCMTX tokens to earn these credits and get high APYs. $BTCMTX is priced at $0.0118 on presale.
- Meme Kombat (MK) – A play-to-earn battle arena that features different meme coin avatars battling against each other. Wager tokens and earn staking rewards with $MK.
- TG.Casino (TGC) – An online cryptocurrency casino that offers 25% cashback and staking rewards through the $TGC token. This token has raised more than $2.85 million on presale.
- Ethereum (ETH) – Largest altcoin in the world, Ethereum has a market cap of more than $215 billion. This proof-of-stake crypto is used to deploy DApps and smart contracts.
- Dogecoin (DOGE) – After launching as a joke in 2013, Dogecoin has become the biggest meme cryptocurrency in the world. $DOGE is up by over 13% in the past few weeks.
Detailed Review on the Top 6 Altcoins to Hold for High Gains in 2023
Now, let’s take an in-depth look at the 6 best altcoins to buy in 2023.
- Bitcoin ETF Token (BTCETF) – Overall Best Altcoin to Invest in 2023
At the top of our list for the best altcoin to invest in for 2023 is Bitcoin ETF Token ($BTCETF). This new ERC-20 token has been created to celebrate the potential arrival of a Bitcoin ETF (Exchange-Traded Fund).
A Bitcoin ETF will allow investors to trade BTC like another share on the stock exchange. However, the SEC is yet to approve the first ETF. Bitcoin ETF Token has been created to reward its community members in correlation to the ETF’s approval.
This new altcoin will burn 5% of its token supply, as each of the following 5 milestones are met:
- SEC approves the first Bitcoin ETF
- Official launch of the first Bitcoin ETF
- Bitcoin ETF assets under management cross $1 billion
- Bitcoin closes above the $100K mark
- $BTCETF soars past $100 million in trading volume
From a total supply of 2.1 billion – 25% of the $BTCETF tokens will be burned as each of these targets are met. A high utility token, Bitcoin ETF Token also allows investors to yield.
$BTCETF can be staked through a verified smart contract, to generate an APY (Annual Percentage Yield) of up to 180%. So far, nearly 150 million tokens have been locked on the smart contract.
Bitcoin ETF Token has allocated 40% of its token supply (840 million tokens) for the ongoing presale. At press time, $BTCETF is priced at $0.0056 per token. By the tenth and final presale stage, the price will increase to $0.0068 per token.
The goal is to raise $4.956 million by the end of the presale. So far, Bitcoin ETF Token has already raised over $1.3 million. For more information on this cryptocurrency, read the Bitcoin ETF Token whitepaper and join the Telegram channel.
2. Bitcoin Minetrix (BTCMTX) – Revolutionary Stake-to-Mine Crypto is Decentralizing Cloud Mining
Bitcoin Minetrix ($BTCMTX) is a unique cryptocurrency platform that offers everyday people the chance to earn revenue via crypto mining operations.
Since the costs to mine Bitcoin and other cryptos are too high, cloud mining companies rent out mining power to individuals. But, these companies often engage in dubious activities to scam investors. Thus, Bitcoin Minetrix is decentralizing the cloud mining space to offer more transparency and autonomy to users.
Investors can buy $BTCMTX, the native cryptocurrency, and stake their holdings on Bitcoin Minetrix’s Ethereum-powered smart contract. Bitcoin Minetrix will reward you with ERC-20 cloud mining credits in return for staking $BTCMTX. These credits are not tradable but can be burned to acquire Bitcoin’s cloud mining power.
The mining power is used to earn allocated mining times, and potentially earn a percentage of the crypto and Bitcoin mining fees. Thus, investors are promised direct access to cloud mining in a safer manner. Staking $BTCMTX also results in APYs (Annual Percentage Yields) as high as 138%.
This altcoin has a maximum supply of 4 billion – 70% of which has been allocated for the ongoing presale. The presale will consist of 39 rounds, each allocating 70 million tokens. Currently, $BTCMTX is priced at only $0.0118 per token. By the final round, the price will surge to $0.0148 per token. After the presale ends, Bitcoin Minetrix aims to conduct the exchange listing on centralized and decentralized exchanges.
Due to the multiple use cases being offered, $BTCMTX can become one of the top-growing cryptos in the long term. The presale has already raised more than $4.2 million. Read the Bitcoin Minetrix whitepaper and join the Telegram channel for more information.
3. Meme Kombat (MK) – AI-Driven Meme Battle Arena Supports Wagering and Staking Rewards
Meme Kombat ($MK) is a meme cryptocurrency that offers multiple use cases and earning opportunities through the $MK token. One of the main components of Meme Kombat is the battle arena – a virtual environment that will be built using artificial intelligence.
The battle arena features a number of virtual meme coin avatars battling each other. By using AI, Meme Kombat offers advanced visualization to make the fights look realistic. This play-to-earn environment will feature Player vs Player and Player vs Game modes.
Users can choose their favorite meme avatars and use them within the battle to earn rewards. On the battle arena, players can also wager their $MK tokens and bet on the outcome of live fights to win free tokens. This meme altcoin also offers staking annual yields as high as 500% through the presale.
After you buy $MK tokens on the presale – your holdings are automatically locked on the staking contract. After the presale, Meme Kombat will offer yields based on dynamic staking. Thus, your yields depend on the amount of overall tokens staked on the smart contract.
For a meme coin, Meme Kombat has a low supply of only 120 million tokens. 60 million $MK tokens have been allocated for the presale – which has already raised over $1.9 million. The presale hard cap target is $10 million.
This community-centric project is offering the entire token supply to the public. Another 40% of the supply will be offered through staking, battle, and community rewards. The remaining 10% has been set aside for DEX allocation.
Read the Meme Kombat whitepaper and join the Telegram channel to keep yourselves updated with the presale.
4. TG.Casino (TGC) – Get 25% Cashback, Matched Deposit Bonuses, and Staking Yields with this Crypto Telegram Casino
$TGC is a new presale cryptocurrency that is used within TG.Casino – an online crypto casino and sportsbook. The token can be leveraged to get cashback, staking yields, and access to exclusive games.
This decentralized casino has been rated highly on review sites like Rakeback.com and can be accessed directly from Telegram – and supports instant payouts and withdrawals. By leveraging the Telegrams bots capabilities – TG.Casino promises a robust security infrastructure. Moreover, users need not complete any KYC forms or provide any government IDs before creating an account.
On the casino platform, $TGC token holders are given exclusive access to certain casino games. According to the TG.Casino whitepaper, trading with $TGC guarantees a 25% cashback on any losses incurred. TG.Casino also provides newcomers with a 200% matched deposit bonus of up to 10 ETH, on their first deposit.
While $TGC has a supply of 100 million, this number will reduce over time. Once the casino starts generating profits, a portion will be used to buy back tokens from a DEX. 40% of the tokens bought back will be burned, and the remaining will be offered as staking rewards.
At press time, presale investors can buy and stake $TGC to earn APYs as high as 200%. Presale investors buying a minimum of $5K worth of tokens can also get exclusive access to NFTs and post-launch rewards.
Currently, $TGC is priced at only $0.165 on presale. Since launch, the presale has raised more than $3.85 million. Join the TG.Casino Telegram channel for more project updates.
5. Ethereum (ETH) – Largest Altcoin with a Market Capitalization of $215 Billion
Moving on from our top 3 presale altcoins, our next coin on the list is Ethereum (ETH) – the largest altcoin in the world. After Bitcoin, Ethereum is the largest cryptocurrency in the world – with a live market cap of more than $215 billion.
Ethereum became one of the most popular tokens due to the unique use cases it offers for developers. For instance, Ethereum is the most used blockchain by developers looking to deploy DApps (Decentralized Applications), NFT marketplaces, and DeFi (Decentralized Finance) mechanisms.
Furthermore, Ethereum was one of the first blockchains to support the deployment of smart contracts. However, the platform has faced issues due to the high gas fees and low scalability it provides. Therefore, Ethereum made a switch to the proof-of-stake (PoS) concept in 2022, which is expected to make the blockchain more scalable and efficient.
At press time, ETH is trading at the $1,790 range and is up by more than 11% in the last 14 days. The token has enjoyed a steady price increase in 2023 – and is up by more than 58% since the start of the year. This large-cap altcoin can be another asset to add to your crypto portfolio for the long term.
6. Dogecoin – World’s Most Popular Meme Coin With a $9.5 Billion Market Cap
In 2013, Dogecoin (DOGE) was created as a joke – and was based on the popular Doge meme that was circulating around the time. Nearly 7 years later, this meme cryptocurrency enjoyed one of the most explosive price increases that a token has ever witnessed.
From a price of $0.0034 in November 2020 – the token reached an all-time high (ATH) of $0.73 in May 2021 – equating to an astounding price increase of 21,370%. Since then, the crypto space has witnessed the birth of new meme coins such as Shiba Inu and Pepe Coin – all of which have offered huge returns.
However, the lack of utility has made $DOGE a very volatile investment. From its high of $0.73, the token plummeted to the $0.05 zone in 2022. But, the token is once again making a comeback. Currently priced at $0.066 per token, $DOGE is up by 11% in the last two weeks.
This may be a sign of further returns towards the end of the year. However, investors should note that this DOGE is a high-risk investment as $DOGE already has a market cap of nearly $10 billion – and is the 10th largest cryptocurrency in the world.
Conclusion
In this guide, we have taken a look at 6 of the best altcoins to hold for high gains in 2023. Our list has covered a range of new presale cryptos available at low prices, along with popular meme coins, and large-cap cryptocurrency tokens.
Out of our top 5 list, Bitcoin ETF Token stands out. This cryptocurrency speculates on the upcoming Bitcoin ETF approvals. The project will burn 25% of its token supply over time, and also offers huge staking yields to investors.
Currently, $BTCETF is available to buy through the ongoing presale for just $0.0056 per token.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
