Top 10 Cheap Cryptos With Great Upside Potential in 2023

Buying newly minted and cheap cryptocurrencies allows investors to make short-term profits.

The key is to buy the asset at the right time and consider the risk well. There are hundreds of tokens in the cryptocurrency market, and new projects are emerging every day. It is therefore difficult to decide which cryptocurrencies have potential.

However, to help with these investments, BeInCrypto has compiled a list of cheap cryptocurrencies with potential in 2023. Be warned; investors should remember to do their own research before committing capital and only invest what they are prepared to lose!

The best cheap cryptocurrencies with potential for 2023:

• D2T – a cryptocurrency that could experience strong growth in 2023.
• IMPT – a fully eco-friendly token.
• RIA – a cryptocurrency for a fantastic card game with its own ecosystem.
• TAMA – a meme piece demonstrating real utility.
• UNI – our pick of the best cryptocurrency to buy in 2023.
• COMP – a coin that we expect to be among the top performers in 2023.
• ApeCoin – the most popular cryptocurrency to invest in in 2023.
• XRP – one of the best digital banking tokens to buy in 2023.
• ETH – a cryptocurrency with huge growth potential in 2023.

D2T token

Dash 2 Trade is a project still in the start-up phase. However, it has already managed to attract the attention of investors. It currently has a community of around 70,000 people.

The main goal of Dash 2 Trade is to simplify the trading process. To do this, the platform provides access to a wide range of tools. For example, users will be able to track social sentiment on new tokens. This way, they will be able to more easily recognize cryptocurrencies with potential. On the project’s website, users will also be able to track the start of pre-sales and listings of selected coins on exchanges.

The platform has its own D2T token to which users can subscribe to the platform. Investors will have the option to buy the token at the minimum price. On January 31, or after the first allocated token volume is exhausted, the second presale phase will begin. At this point, the price of the token will increase slightly. Investors can buy the token in three ways: using ETH, USDT, or by credit card (initial exchange in USDT/ETH).

IMPT token

IMPT is an environmental token that aims to transform the carbon credit market. At present, there are serious problems in this area. The market is poorly regulated and as a result, fraud is common.

The IMPT project is built on a blockchain, thus ensuring the transparency of all transactions. Each carbon credit will be tokenized and converted into NFT, which will also eliminate reuse. After burning a carbon credit unit, the user will receive a unique environment-themed NFT as a reward.

The central part of the project will be the IMPT token. Users will be able to collect it to make purchases from eco-responsible brands. At present, more than 10,000 famous enterprises have already agreed to cooperate with the project. Currently, the cryptocurrency can be purchased at a minimum price of $0.018 per token. After the pre-sale phase ends, the creators plan to list the token on exchanges.

RIA token

Calvaria is a new cryptocurrency card game currently on pre-order. The developers are actively working on the project, introducing and implementing new elements in the classic card game. As with all play-to-earn games, players can earn in-game assets in the form of NFTs or can also purchase them.

RIA is now available for pre-order. At this stage, the creators plan to issue 300 million tokens or 30% of the total supply. Players will be able to trade and sell in-game assets, and can potentially capitalize on the proceeds quickly. Calvaria has the following benefits:

• Any user can start playing Calvaria, regardless of level and skill.
• Right from the start, players can put together their own deck of cards, without having to pay for an NFT.
• The potential for the price of the project token to increase.

tamadoge

Although the Tamadoge token is a coin, it has its own utility. Coin holders will be able to earn tokens in the cryptocurrency game and spend them to purchase various items. Digital currency will be part of the whole ecosystem.

Shortly, the creators plan to launch a crypto game where users can raise a virtual pet. When he grows up, players will be able to battle him in an arena and earn tokens with each victory.

The project has already aroused the interest of investors in the first stage of the presale. Since then, investments have accumulated to reach $19 million.

Each state of the presale consecutively increased the price of the token. Another significant increase in value occurred after the start of its first stock exchange listings, both centralized and decentralized.

The project also plans to create its own metaverse, complete with 3D representations of each NFT pet.

UNI token

UNI is one of the best cryptocurrencies for investors to pay attention to now. It is a leader in the decentralized finance, or Defi, industry. Decentralized exchanges (DEX) connect buyers and sellers so they can transact directly with each other.

Developers have been constantly making changes to improve usability and accelerate adoption in the cryptocurrency market. One of the latest is the introduction of support for Optimism, thanks to which the project has achieved several advantages:

• The ability to pay gas fees in any token.
• Scalability.
• Make instant payments.
• Reduced transaction costs.

COMP Token

The COMP token is another digital currency that deserves the attention of investors. It is also a leader among cryptocurrency platforms in the rapidly growing DeFi market.

Compound Vault recently appeared on Compound, which is intended solely for financial institutions. Once they join, these institutions can earn up to 4% interest in USD.

The introduction of this technology will provide liquidity for the COMP coin. The Compound project now has a good chance of becoming the world’s first crypto bank.

Aave is a direct competitor, as it is a popular lending platform with great products for digital currency holders.

ApeCoin Token

Another cryptocurrency worth paying attention to this year is ApeCoin. It could explode in the market as early as 2023. It is a cheap cryptocurrency that is popular with buyers. ApeCoin is the token used to run the Ape DAO associated with the Bored Ape Yacht Club NFT collection.

Rumors that the Bored Ape Yacht Club was planning to launch its own metaverse had sparked investor excitement around the cryptocurrency. ApeCoin holders can use the tokens to transact within the project.

ApeCoin is built on ERC-20. The founders of the project are now using the token to extend the capabilities of the platform, in addition to encouraging the creation of a decentralized community in Web 3.0.

XRP

Proponents insist that the value of the XRP token will increase at least several times shortly. The temporary stagnation in the exchange rate is largely due to the SEC’s ongoing lawsuit with Ripple. After its conclusion, the value of XRP could begin to grow vigorously.

Ripple is a global platform that facilitates money transfers. Currently, the main users of the project are large financial institutions. Its main objective is to enter the banking system and increase the availability of blockchain-based cash payment technologies.

Another important feature of the XRP coin is that it has long been one of the top 3 tokens by market capitalization.

ETH

The price of ETH is higher than other coins on the list. However, it is currently among the top 10 projects to invest in at the start of 2023. Ethereum is a decentralized global network that was launched in 2015.

The platform coin has quickly grown in popularity and currently ranks second in terms of market capitalization – only behind Bitcoin.

The most recent development of the platform has been the transition to Ethereum 2.0. Thanks to this upgrade, the project has become more environmentally friendly. The transition to a proof-of-stake system resulted in a 99% reduction in energy consumption.

The price of Ethereum is still far behind that of Bitcoin. During the bear market, it took a sharp decline. However, when the market begins to recover, investors expect a strong upward move.

Why is it worth buying cheap cryptocurrency now?

Unlike fiat, digital currency rarely shows stability. Some coins can lose or gain value in just a few hours. Nevertheless, investing in cryptocurrencies has its advantages:

• The right coins can show huge growth potential: When choosing a token, you should pay attention to the type of blockchain it is based on, as well as the user-friendliness of the project.
• The possibility of investing with a minimum investment: Most of the promising projects currently sell their tokens at the lowest possible price, which makes it possible to start investing in cryptocurrencies with minimal investment and risk.
• The ability to choose a piece of niche interest for the user: Currently, many types of projects use cryptocurrencies. These include environmental projects, metaverse, Web3, NFT, and many more.