The hottest cryptos to buy are the ones that are on the verge of a rally. They hold potential for gains, either by the strength of the solutions they offer, their tech stacks, or pure hype.
The question now is, of the 10,000+ cryptos in the industry, which ones are most likely to rise? We covered 12 cryptos that command a lot of trading volume, are on the trending list on various aggregators, and have the potential for growth.
Our guide explores what these cryptos are, what they do, and why they are good investment choices right now.
1. Shiba Memu (SHMU) – Best Marketing Platform
2. Chancer (CHANCER) – Hottest Betting Crypto
3. Alt Signals (ASI) – Hottest Trading Service
4. Metacade (MCADE) – Hottest Community Platform
5. Bitcoin (BTC) – Largest Market Capitalisation
6. Ethereum (ETH) – Largest Ecosystem
7. Apecoin (APE) – Hot Metaverse Crypto
8. Arbitrum (ARB) – Top Scaling Solution
9. Render (RNDR) – Hot Rendering Network
10. Chainlink (LINK) – Top Oracle Service
11. Pepe (PEPE) – Hot Memecoin
12. Ripple (XRP) – Top Payments Platform
13. Sui (SUI) – Upcoming Blockchain Network
Cryptocurrency
Category
Release Year
Market Cap
Blockchain network
Where to Buy
Shiba Memu
Services
2023
None yet
Ethereum
Buy SHMU
Chancer
Gambling
BSC
Buy CHANCER
Alt Signals
Buy ASI
Metacade
Community
$19 million
Buy MCADE
Bitcoin
Layer 1
2009
$580 billion
Buy BTC
2013
$229 billion
Buy ETH
Apecoin
Metaverse
2022
$860 million
Buy APE
Arbitrum
Layer 2
$1.40 billion
Buy ARB
Render
2020
$830 million
Buy RNDR
Chainlink
Oracle
2017
$2.96 billion
15+
Buy LINK
Pepe
Memecoin
$599 million
Buy PEPE
Ripple
Payment Settlement
$26.50 billion
Buy XRP
Sui
$439 million
Buy SUI
Shiba Memu is a cryptocurrency token that reportedly combines the capabilities of artificial intelligence with the decentralization and immutability of blockchain technology to create a self-sufficient marketing platform.
Shiba Memu is attempting to achieve what has never been done in crypto before. By leveraging AI-powered computation, the platform aims to create a perpetual marketing software that can generate its own copy, distribute it, analyze it, and strategize based on data.
The combination of a self-sufficient marketing platform with a memecoin makes for the creation of a social community, powered by the SHMU token, that grants investors access to the utility of the marketing platform.
Users will have access to an AI dashboard where they can monitor the platform’s marketing efforts, interact with the AI, and even offer suggestions.
Shiba Memu is the first project attempting AI-powered marketing on this scale in the crypto space. As with all projects pushing the frontiers of their field, its path is fraught with technological obstacles.
SHMU has a maximum supply of 1 billion tokens, 850 million of which will be up for sale in the crypto presales phase. 500 million tokens will be sold on the Ethereum network while 350 million will be sold on the BSC network.
To participate, visit the Shiba Memu website and buy SHMU.
Chancer is a decentralized protocol for the proliferation of prediction markets. Simply put, it allows users to create and place bets in a decentralized manner. It is a step up from Bitcoin gambling sites because it offers its users more autonomy.
Chancer is changing the way Bitcoin betting works. The norm is that online sites set the markets, the rules, and the odds, while users simply choose the markets they are comfortable with. Well, not anymore.
With Chancer, anyone can create a market based on any event that has a single, clear outcome. This could be sporting events, political outcomes, or even winners of award shows.
Custom rules can be created to govern how bets are placed, minimum amounts, payout criteria, reward tiers, etc.
The platform abstracts the backend smart contract functions needed to run the prediction market, implements the set rules, and tracks the outcome of the event. Once the event is known, the protocol automatically pays the winners according to the set rules.
Chancer is a new project that is largely untested. It will go up against big players with large customer bases and huge marketing budgets. While its technology is innovative, it is also open source, meaning that its competition can simply implement its code on their platforms.
The CHANCER token is required to access all aspects of this service, from creating markets to betting. The token is not yet in circulation as its presale event is coming up on June 13th 2023.
To participate, visit the Chancer website and connect your crypto wallet.
Alt Signals is a company that creates and maintains trading tools. Their premium products, signal bots in the forex, stock, and crypto markets already have a thriving user base. The company now wishes to integrate blockchain technology to create a decentralized community of traders.
The main investment case for Alt Signals is not its current flagship product, the successful AltAlgo signal bot. Instead, it is the next-gen algorithm that the company has developed, an AI-powered bot called ActualizeAI.
ActualizeAI will power the company’s new set of trading products, and the ASI token will be the key to access them. Community members will need to hold ASI in their wallets to use the trading tools and services as well as participate in other community activities like trading challenges and promotions.
Alt Signals is ultimately a niche service. While niche services and communities can be successful, they often have a growth ceiling.
ASI will have a total supply of 500 million tokens, 290 million of which will be made available for the presale event, which has been on for a while and has raised $980,000 of the $1 million target.
To participate in the presale, visit the Alt Signals website and buy ASI.
Metacade is the hottest crypto on our list because of the strides it is making towards connecting the gaming community across various games and Metaverses.
Metacade is blazing a trail where none others have, at least not at the scale this project intends. The platform will serve as a hub for gamers, builders, thought leaders, insiders, and reviewers to interact.
Community members will also be able to access their favorite games from the member area of the platform, thanks to the integrations with top games which will also serve to feed leaderboards of top games and players.
There will also be a review section for players to write reviews about the games they play. Game builders can then use these reviews as a source of insights when updating or building new games.
Finally, Metacade will also develop GameFi strategies for the games under its purview to enable players to maximize their earnings.
Metacade will have to lay significant technological groundwork to effectively integrate games from multiple chains, even if they are all EVM based. While this is possible, it is a tall order. Meanwhile, other communities with less features are growing.
The community platform is powered by the MCADE token. It will grant holders access to promotions, tournaments, and campaigns, and will also be used to reward community contributors.
You can buy MCADE on the website.
Bitcoin is the most popular crypto on the market. It is the first ever crypto created by the anonymous developer, Satoshi Nakamoto, as a replacement to the current monetary system.
So far, it is being used as a digital store of value thanks to its limited supply, legal tender in countries like El Salvador, and a means for payments in crypto-friendly regions.
Bitcoin is on our hottest crypto list because it is still the largest crypto by market capitalization. It is also the most liquid crypto as well as the most decentralized blockchain network.
Because of its provable decentralization. Bitcoin is not under as much regulatory scrutiny as many other cryptos. For example, the crypto has not been named as a security in the latest round of crackdowns by US regulators.
Licensed crypto exchanges can freely offer the opportunity to invest in Bitcoin to their customers without fear of regulatory action against them. This improves investor confidence in BTC as a store of value.
Bitcoin is projected to grow in the next few months as the market approaches a coming bull run, which is usually marked by a Bitcoin halving due in a few months, as of writing. However, this does not serve as financial advice.
There aren’t as many risks to investing in Bitcoin as there are with other cryptos. However, investors need to be on the lookout for regulations in their various countries.
Also, the series of bankruptcies that rocked the industry last year could have a ripple effect as these firms may need to sell off significant Bitcoin holdings to repay creditors, thereby pushing BTC’s price lower and the search to buy Bitcoin cheaply.
BTC is available on pretty much every centralized crypto exchange. However, eToro is our preferred choice.
To learn more about Bitcoin, read our Bitcoin review. Alternatively, you can buy BTC on an exchange like eToro.
Ethereum is the second largest crypto by market capitalization and, like Bitcoin, is a pillar to the crypto industry. The network serves as a general purpose computer that runs decentralized applications. This computer is called the Ethereum Virtual Machine.
Ethereum brought cutting-edge technology to the crypto market by introducing smart contracts, the building blocks of decentralized applications, back in 2013. Since then, it has grown to be the largest smart contract-enabled network with over $25 billion in assets as of writing.
While the network once struggled with high network fees and scalability, it recently went through some upgrades to increase its speed and throughput, called the Shapella upgrade. It is now cheap enough for retail participation and is theoretically fast enough to run enterprise applications.
Ethereum blockchain is also home to several other networks that depend on it for security. A prime example are the popular layer 2 solutions like Arbitrum and Optimism. The growth of these networks only adds to the growth of Ethereum itself which will be reflected in the price of its coin, ETH.
Ethereum is another crypto that has reached a mature level where factors like competition do not affect price as much. Regulators also do not consider it a security, so it is somewhat safe from direct regulatory scrutiny.
However, regulatory attacks on other industry players may affect ETH’s price as crypto investors will be unwilling to invest in the crypto if they cannot easily trade or sell it.
ETH has an infinite supply, but its emission is offset by token burn on transaction fees. Theoretically speaking, if ETH burned from transaction fees exceeds token emissions, then ETH should be the best crypto to buy as it will increase in value over time.
Data from validator sources show that roughly $1.2 billion worth of ETH is emitted every year as rewards while about $3 billion is burned. So far, burning outpaces emissions.
Read our Ethereum review to learn more about the network or buy ETH on a broker like eToro.
Apecoin is the native token for the ecosystem built around Yuga Lab’s NFT collections and Metaverse, collectively called the Yugaverse.
Yuga Labs is the studio behind premium NFT collections like Bored Ape Yacht Club. It also owns the rights to Cryptopunks and Meebits, after buying it from Laravel in 2021. Yuga Labs is valued at $4 billion and is projected to grow thanks to projects like their Metaverse, called Otherside.
Apecoin’s utility runs deep into the Yugaverse. Taking Otherside as a prime example, the token will serve as the native form of value transfer in the coming Metaverse. Everything will be sold and traded by crypto investors using APE, from land to avatars, tools, and weapons.
Note that land in Otherside is also being sold on OpenSea in ETH.
We are positive about Otherside because it has sealed partnerships from real-world brands like Gucci to bring its fashionable pieces to the Metaverse. The Metaverse has also gathered interest from the crypto community as one that is highly anticipated.
APE will also power other aspects of the Yugaverse. For example, the Apecoin DAO which will be in charge of managing the smart contracts and infrastructure that controls the NFT collections as well as the Metaverse will also be powered by APE.
APE is the native token for the Otherside Metaverse which is expected to provide the bulk of its use case. Otherside is just one of several Metaverse projects vying for relevance. It is also not the largest or the longest standing.
While it has made strides in securing partnerships with brands like Gucci, it will need to hold its own against established projects like The Sandbox and Decentraland.
APE token holders will be able to vote on proposals for the future of the ecosystem and take more active roles in the community.
You can buy APE on popular centralized cryptocurrency exchanges like eToro.
Arbitrum is a layer 2 network built on top of Ethereum that leverages methods called rollups to make transactions of crypto assets faster and cheaper. The network helps Ethereum with scalability by creating an extra computational layer, processing transactions there, and then batch-uploading them to the Ethereum blockchain.
The crypto and blockchain space is itching for networks that are as fast and cheap as their Web2 counterparts, and while Ethereum is much faster than it was a few months ago, it still has a long way to go to achieve the speed needed to compete with legacy systems.
Scaling solutions, often called Layer 2 networks, step in to fill the gap. Arbitrum is the largest layer 2 network with a total of $2.09 billion worth of foreign assets through various DeFi apps that run on the network.
The network is constantly growing as there are over 312 crypto projects and protocols running. A few months ago, this number was less than 50.
Arbitrum uses a rollup technology that is fast and speedy. However, a new trend is emerging in the layer 2 space that revolves around the use of zk-rollups. Even Polygon has released a zk-EVM chain.
If this trend solidifies, then Arbitrum may be at a disadvantage as zk-rollups are technologically superior to optimistic rollups, which Arbitrum uses.
The network features a native token called ARB which is used mainly for governance purposes as transaction fees are paid using ETH. There are 10 billion ARB tokens in existence for potential crypto investment opportunities, 1.2 billion of which are currently in circulation.
You can buy ARB on crypto exchanges like Binance.
Render is a decentralized cloud platform that connects people who have graphics processing power to spare with people who need it. In simple terms it is one of the best crypto to buy as it helps creators, architects, game developers, video producers, and more to access cheap GPU power thanks to a decentralized crypto exchange network of GPUs.
The world is edging closer to a mixed reality future with companies like Apple planning to release products like the Vision Pro, next-gen technology in AR and spatial computation.
Technologies like these will make virtual and augmented reality experiences more mainstream, which will create a market for people who create these experiences. The more this market grows, the more important the need for graphics processing power to render these experiences.
We especially like Render because it is not limited to applications within crypto. It can be used by professionals in any industry that handles graphics.
Render offers cheap, scalable access to GPU power as creators do not need to buy or maintain expensive equipment to render their concepts. They simply upload their files to the Render Octane Cloud where it will be rendered in a decentralized way so that no single computer has all their files.
Render’s main competition will be competing cloud render services, and while its price point is lower than legacy services, it may end up contending with Nvidia’s GPU cloud computing service, which is technologically superior.
The system will be powered by the RNDR token which will be used as the primary vehicle of value transfer. Creators will buy RNDR to pay for GPU power while nodes (i.e., people providing GPU power) will be compensated with crypto assets using the token.
You can buy RNDR on exchanges like Coinbase.
Chainlink is a blockchain infrastructure service that imports data from various off-chain sources in a decentralized and verifiably accurate manner.
It is called an Oracle service that derives its use case from blockchains’ inability to natively connect to data sources of crypto projects that are not on-chain.
Blockchain networks are not perfect. One of their limitations is that they are isolated systems that cannot connect to data sources outside of themselves. Because of this, decentralized applications have no way to track off-chain data.
Chainlink steps in by connecting to data sources wherever they may be, either on servers outside a specific blockchain network or on other blockchain networks, and importing the required data on-chain.
Thanks to Oracles, decentralized finance applications like GMX or Gains Network can track the price of various cryptocurrencies and even real-world stocks and create decentralized products around them, like perpetuals.
Chainlink is at the forefront of Oracles. With a market capitalization of $2.6 billion, it is the largest decentralized Oracle network and is a key component of various applications.
The major risk in crypto investments in Chainlink is the threat of substitution. Other Oracles that are reportedly cheaper to use are emerging. If they steal significant market share, LINK’s growth may be stunted.
We have our eye on Chainlink because of its role in the progression of blockchain technology. As blockchain tech gains more adoption, real-world assets will be tokenized and Chainlink will be relied upon to accurately transmit the real-world value of assets to their on-chain versions.
The network is powered by the LINK token digital currency which is required to use its services.
You can learn more about Chainlink by reading our Chainlink review, or you can learn how to buy LINK on exchanges like eToro.
Pepe is a meme coin that has gained popularity and grown in market capitalization within a short period. The meme coins were launched on April 17th 2023 to the cryptocurrency market, and by the first week in May, the meme coins had risen to a market cap of $1 billion.
Unlike the other crypto projects and virtual currencies on our list, there is no fundamental use case for investing in Pepe, unlike a utility token. The project does not use cutting-edge tech or techniques to solve problems nor have an incentive program for holders.
Like most meme coins, the investment case for the best crypto is the strength of the community and the hype around the token that make it the best crypto to buy. Pepe crypto coins meteoric rise is unprecedented, and many believe that it is not yet over as it rose during a bear market.
However, Pepe does have some characteristics that make it as trusted as a meme coin can be for cryptocurrency projects of this type. Firstly, all PEPE tokens are in circulation. There are no token unlocks that could exert pressure on price.
Secondly, PEPE’s launch was fair. All tokens were released at the same time in cryptocurrency markets. None were reserved for team members or early investors. So all large holders bought at market prices.
Lastly, PEPE’s liquidity provider tokens have been burned and its smart contracts renounced. This means that the project’s developers cannot mint new tokens or withdraw liquidity from the decentralized liquidity poosl in the cryptocurrency space.
Pepe crypto coins have no fundamental value whatsoever, and crypto investors can easily move onto a new meme coin and leave PEPE in obscurity.
There are no risks of rug pulls or honey pots now or in the future. You can buy PEPE on the Binance cryptocurrency exchange or decentralized exchanges like Uniswap.
Ripple is a company that offers a decentralized network that settles international payments in real-time. The company is incorporated in the US and already has a customer base of institutions and businesses.
Before making a case for Ripple, we must mention that the company has an open case in court against the US’ SEC. The regulator sued the company on claims that it offered unregistered securities to US citizens, thereby breaking federal law.
The sale of unregistered securities referred to in the SEC’s claim is XRP’s ICO held back in 2012.
XRP is currently delisted from US cryptocurrency exchanges but is available on global exchanges as the company fights to clear itself of all charges. The legal battle started in 2020.
However, despite Ripple’s legal woes, its network and solution are rock solid. Companies can process payments in real-time from various parts of the world. The alternative would be waiting several days for networks like SWIFT to process payments.
Big banks like JP Morgan have begun testing blockchain-based real-time payment settlement networks, which shows that Ripple’s solution is a viable future for international payments and asset transactions with the XRP ledger consensus protocol.
Banks building their own cross-country blockchain-based settlement networks have both positive and negative connotations for Ripple. On one hand, it validates Ripple’s use case. On the other hand, it creates stiff competition.
If banks implement their own global digital settlement networks, they can easily port their institutional clients, which will take a chunk out of Ripple’s client base.
You can learn more about Ripple and the XRP token by reading our Ripple review. Alternatively you can buy XRP on a broker like eToro.
Sui is a layer 1 blockchain network that plays the same role as Ethereum’s blockchain platforms, i.e. providing decentralized alternatives for a scalable platform for developers to build applications. However, it does not yet possess the same size or operate on the same scale as Ethereum.
Sui is termed a Solana killer i.e., a blockchain network that has the potential to replace Solana. This is important because Solana is the first non-EVM blockchain to achieve success as a viable alternative to the Ethereum cryptocurrency project.
While there are various layer 1 networks, most are built using the Ethereum Virtual Machine and are often referred to as an extension of Ethereum. Solana blockchain was built using an entirely different system and showed that blockchain platforms with different programming languages can be successful.
Now, a race is on to build the next big scalable blockchain platforms that do not rely on the EVM. Sui is one of the networks at the forefront of this endeavor with its horizontal scaling capabilities, native support for on-chain assets, and a programming language that is easy to use.
The Sui blockchain is particularly great for games as its horizontal scaling feature can keep up with increasing transaction loads without a corresponding increase in transaction cost, a problem most blockchain networks are yet to solve.
There are several layer 1 chains in development that boast impressive speeds and features. Sui is just one of them and will have to battle against other chains in its class as well as layer 2 solutions for dominance.
If history has taught anything, it’s that the most technologically capable chains do not always emerge winners.
The Sui network is powered by the SUI coin which was recently launched and is available on popular centralized trading platforms like Coinbase.
The hottest crypto on our list right now is Metacade because of the scale at which it intends to execute its plans for community engagement in the Web3 gaming space. The platform will serve as a hub for gamers across various blockchains and Metaverses.
The others on our list are just as hot, some of which include ASI which will disrupt crypto trading using AI-powered trading signals tools and Chancer which provides a better, decentralized way to bet on virtually any event with a trackable outcome.
Hot cryptos are usually in season because they are at the forefront of or benefit from a hot trend. A trick to finding them is to realize that the crypto market always follows trends. At the start of the year, it was artificial intelligence which saw a rally in AI cryptos.
Then, it was the Ethereum upgrade that saw ETH rally, then meme coins pumped as a meme coin rally, brought on by Pepe, ushered in a new set of meme cryptocurrency trends.
To find hot cryptos, seek out hot trends.
Social media sentiment is a good way to find tokens and digital currencies that people are talking about. However, exercise caution as tokens that are fast declining can also create a similar buzz. Tools like Lunar Crush can help you find trending tokens on Twitter.
Virtual currencies that receive a lot of buzz can return outsized gains. A prime example is Pepe, which reportedly turned an investor’s $250 into $1 million in just four days. Twitter is littered with stories of early investors who cashed out big by jumping on trends and crypto presales early.
Sometimes, the hottest crypto today could become a good long term source of value. However, this is not a rule as the last time Bitcoin was hot was at the 2021 bull market when it was $60,000. It has since lost over 50% of its value.
However, hot cryptos can still grow to establish themselves as pillars in their categories, and investors who get in early enjoy outsized gains.
The most pertinent risk to buying the hottest cryptocurrency trend is that most retail investors hear about a hot crypto at the peak of its run. There’s a popular saying in crypto that goes along the lines of “when your mom or uncle tells you that a particular coin is mooning, that’s a sign that it’s time to sell.”
A good example is Pepe. By the time most people heard about Pepe, it was already around the $1 billion market cap. It has since fallen to a $380 million market cap.
Hot cryptos can be short term fads that peak quickly and eventually fade away. This is most prominent among meme coins but also occurs in other crypto categories, like utility tokens. To battle this, you must ensure that you carry out fundamental research to determine whether a hot crypto has a utility value, like a governance token ability.
This guide shows you how to buy the hottest cryptos on an exchange like eToro.
Navigate to the eToro website and click on the Start Investing icon or download the mobile app from the Play Store/App Store and click on Sign up. Fill out the form with your full name, email address, and password.
Set up your profile and submit KYC documents like a valid government ID and proof of residence document like a utility bill.
Once your account has been verified, deposit funds by using any of the available payment options. Choose a convenient method and set the amount you’d like to deposit.
Once your account is funded, search for any of the cryptos mentioned in the Discover tab, we used Ethereum. An interface like the one below should load. You can then set your parameters and buy.
For coins like Chancer that aren’t out yet but are already creating a buzz, you’ll have to buy them directly on their websites using a crypto wallet. This guide shows you how.
For this guide, we used MetaMask. Download MetaMask on your phone as a mobile app or on your laptop as a browser extension and create a new wallet. Ensure you keep your seed phrase safe and offline.
You’ll need some BNB or BUSD to buy CHANCER. It’s better to get BNB because you’ll also need some to pay for gas fees. You can buy on an exchange and transfer to your wallet or use a fiat onramp like Simplex.
Navigate to Chancer’s website and connect your wallet to buy CHANCER using BNB. Ensure you leave enough to pay gas fees.
You’ll need to wait until the presale is over to claim your tokens.
We explored the hottest cryptos to buy now and chose Metacade as our top choice. However, all the cryptos on this list are good options as they have strong fundamental value, and in the case of Pepe, it is a new trusted memecoin.
While the cryptos on our list are trusted because we’ve done the research, remember to always gauge community involvement, check on sustainability, and avoid buying cryptos at the top of their trends when the hype is hottest.
You may want to read our guide on how to invest in cryptos to get a better understanding of the investment process.
The cryptos covered in this guide were chosen through rigorous research. We paid attention to utility, reputation, community, hype, and growth potential.
The tokens listed are the best we found in the various categories we listed them. For example, we listed Chancer as the hottest betting crypto because of its flexibility with creating predictive markets.
Check out our why trust us and how we test pages for more information on ou