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What is an Altcoin?
Altcoin simply means alternative coin. As such, any alternative (to Bitcoin) can be considered an altcoin. In practice, this means that every cryptocurrency other than Bitcoin is classed as an altcoin.
How to Choose the Best Altcoins to Buy
With there being so many different altcoins on the market, an investor needs to narrow down their search criteria to find worthwhile projects. Sometimes you need more than just the best crypto signals to know which crypto project is worth investing in. We’ll be sharing a few quick tips to help find the best altcoins to buy.
Whitepaper – One of the most effective techniques to weed out lackluster projects is thoroughly reviewing a project’s whitepaper. The best altcoins to buy will always feature a well-written whitepaper that clearly explains exactly what the project does as well well as its plans for the future. If a cryptocurrency makes a lot of promises without explaining how they will be achieved, it’s best avoided.
Social Media – Taking a look at social media can be a great way to determine how investors feel about a project and whether it has a strong community. While stats like followers can be easily purchased online, it’s much harder to fake an active community consistently commenting and sharing so these are both factors to look out for when trying to find the best altcoins for 2023.
Utility – While it’s possible for some projects to perform well and offer great returns through hype alone, it’ll never be conducive to long-term growth. Instead, it’s better to look out for utility-focused projects that provide a useful service or product. These altcoins will always have a demand regardless of hype or the market, making them far safer long-term investments.
Although Bitcoin is the largest and most well-known cryptocurrency on the planet, oftentimes figuring out the best altcoins to buy can yield superior returns.
Throughout this article, we’ll be taking a look at the best altcoins to buy, exploring what an altcoin is and why they make good investments, as well as outlining exactly how altcoins can be purchased.
Below, we’ve rounded up some of the best altcoins to buy right now and provided a short description of each. In the following section, we dive deeper into the specifics, providing a mini-review of our selected assets.
While meme tokens can be a risky investment, Wall Street Memes’s $WSM token offers a competitive edge over the other available tokens in this space.
Wall Street Memes is a popular community that has amassed a following of more than 1 million people across social media and that huge following has been shown in the early hype for the presale – which has already raised $4 million in just 10 days at the time of writing.
Moreover, this community has also launched its own NFT collection – Wall Street Bulls. The first collection sold out 10,000 Ethereum-based NFTs in just half an hour when it launched. This is a clear example of how this strong community can help raise funds through the ongoing $WSM token presale.
On Twitter alone, Wall Street Memes has a following of more than 200k and the world’s richest man, Elon Musk, has also interacted with this platform’s Twitter handle. With the recent launch of the $WSM token, Wall Street Memes aims to raise a hard cap of more than $30 million.
To promote the presale, the project will host a $50k giveaway. Those who enter the presale and follow Wall Street Memes across the social media pages can stand a chance to win one of the five $10 prizes.
The project’s tokenomics state that $WSM will have a total supply of 2 billion coins. 50% of the tokens are being distributed across 30 presale rounds, while 30% of the supply will be reserved for community rewards, whole 20% will be saved for DEX and CEX liquidity. Notably, that means there is no team allocation, halting any talk of a rug pull and putting the project in the hands of the community.
Already in round eight of the presale, $WSM is priced at $0.0274 per token with the price to rise to $0.0337 by the final round. By Q4 2023, $WSM will conduct its DEX listing.
| Presale Started | 26 May 2023 |
| Purchase Methods | ETH, USDT, Credit Card |
| Chain | Ethereum |
| Min Investment | 100 $WSM |
| Max Investment | None |
Launchpad XYZ is a Web3 ecosystem that offers simple access to some of the top blockchain projects and the power to have full custody over all of your assets.
One can access some of the top Web3 experiences on Launchpad XYZ, whether it be access to NFTs, play-to-earn games, or presale investment opportunities.
Across all the Web3 ecosystems, Launchpad XYZ leverages $LPX, the native cryptocurrency. Built on the Ethereum network, this ERC-20 token is currently available to purchase during its first presale round.
By holding $LPX, users can trade fractionalized assets through Launchpad XYZ’s decentralized exchange (DEX). One can also access peer-to-peer trading opportunities and hundreds of crypto pairs on the DEX.
By staking $LPX tokens on the DEX, users can access a discount on the exchange fees. Those interested in NFTs can use Launchpad XYZ to search through all the NFT marketplaces and analyze which assets are in high demand.
While Launchpad XYZ is a new project, it offers additional utility in terms of learning opportunities. One can gather in-depth data for hundreds of coins, compare liquidity among different exchanges, and access trading insights from top traders.
| Presale Started | 27 April 2023 |
| Purchase Methods | ETH, USDT, Credit Card |
| Chain | Ethereum |
| Min Investment | 100 LPX |
| Max Investment | None |
Crypto projects are consistently pushing the boundaries of what technology can achieve and exploring new ways to apply it for the greater good. This is particularly crucial for their adoption in mainstream industries.
One project that exemplifies this is ecoterra, which provides a platform for stakeholders to come together and combat climate change.
Ecoterra is a blockchain-based ecosystem that motivates both users and organizations to reduce their negative impact on the environment. The platform comprises multiple applications and marketplaces that synergize to create an integrated system that encourages stakeholders to take action against climate change.
One of these applications is Recycle2Earn, which rewards users with Ecoterra tokens for each item they recycle through the application. One of the most energy efficient cryptocurrency projects, $ECOTERRA tokens can then be utilized to support ecological activities like cleanup initiatives and sustainable energy projects.
The Recycle2Earn app not only allows users to earn tokens, but also tracks and adds their climate actions to their profiles. Additionally, companies can create their own profiles, known as impact-trackable profiles, and purchase impact packages made up of various material types from users to offset the negative environmental impacts of their production. This enables all stakeholders to showcase their commitment to sustainability.
The ecoterra platform offers several notable features, including the carbon offset and recycled materials marketplace. Through the carbon offset marketplace, users and companies can use Ecoterra tokens to offset their carbon output by supporting verified projects worldwide.
| Presale Started | 30 March 2023 |
| Purchase Methods | ETH, USDT, Credit Card |
| Chain | Ethereum |
| Min Investment | $10 |
| Max Investment | None |
Are you looking for the cheapest and fastest way to settle transactions as a freelancer?
DeeLance is a decentralized freelance and recruitment platform that makes it easier and cheaper for workers to connect with top jobs, get paid on time, and convert their work into NFTs.
At the center of this ecosystem is $DLANCE – the native cryptocurrency. Currently, interested parties can purchase $DLANCE during its fourth presale round for only $0.38, with tokens to increase in price to $0.05 in the final stage.
Since DeeLance uses cryptocurrency payments, freelancers can receive their funds instantly.
Furthermore, DeeLance charges a 2% client fee, the lowest among competitors such as Upwork and Fiverr. The 10% freelancer fee is also among the lowest in the market.
In the next quarter, $DLANCE will be available to use to enter this platform’s NFT marketplace and metaverse environment. In DeeLance’s metaverse, freelancers can connect with clients and attend meetings. The $DLANCE token can be used within the metaverse to purchase virtual land and lease offices.
The platform also uses smart contracts, which automatically record each transaction on the public blockchain. To make the transaction even more secure, freelancers can convert their works into NFTs through the NFT marketplace. Thus, there are no chances of copyright infringement or duplicity of work.
The NFT marketplace allows users to leverage $DLANCE tokens to purchase popular artworks through an NFT catalog. Another important feature of DeeLance is the recruitment platform – which ensures that the best professionals are connected with the top jobs.
According to the DeeLance whitepaper, the price of $DLANCE will jump by 31.5% between now and the final round. DeeLance aims to raise $6 million through the $DLANCE presale, after which it will list the token on crypto exchanges.
| Presale Started | 30 March 2023 |
| Purchase Methods | ETH, USDT, Credit Card |
| Chain | Ethereum |
| Min Investment | $10 |
| Max Investment | None |
yPredict is a cryptocurrency analytics platform that offers predictive analytics and models on various digital assets.
By holding $YPRED, the native cryptocurrency of the ecosystem, one can earn passive income through different income streams.
The $YPRED altcoin can be used to purchase subscriptions to predictive models on yPredict’s financial marketplace. Financial data scientists offer these models, sharing their future outlooks on the marketplace. Notably, the models are only introduced after being properly reviewed by the yPredict decentralized autonomous organization.
yPredict uses multiple features through which they offer data-driven insights on the crypto markets. One of which is AI-driven tools such as Natural Language Processing. In this tool, AI is used to study the buying sentiment and behavior of certain tokens.
yPredict also uses AI trading signals and multiple chart patterns to determine the trajectory of different cryptocurrency tokens. While there is no guarantee that new tokens such as $YPRED will offer huge returns, the token can be staked to generate rewards within the ecosystem.
For instance, staked token holders receive 15% of all the swapping fees on the ecosystem. Furthermore, 10% of all revenues generated from the platform subscriptions are distributed to token holders.
$YPRED has a total supply of only 100 billion tokens. As the platform staking increases, the reduced supply can play a role in determining the future price. Currently, the token is priced at $0.09 during the ongoing presale. The price will jump 33.3% to $0.12 upon listing.
| Presale Started | Q1 2023 |
| Purchase Methods | MATIC, ETH, USDT, BNB, Credit Card |
| Chain | Polygon |
| Min Investment | 200 YPRED |
| Max Investment | None |
We’ve taken a look at some of the best altcoins to buy, discussed the benefits of altcoins, and explained how to choose the find altcoins with the highest potential. However, throughout our research, we determined that one particular project boasts the most potential.
Wall Street Memes is one of the top altcoins to buy right now as a newly launched presale from a proven development group that already has a community following of more than 1 million across social media and previous success in the crypto space.
source:cryptonews.com
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