5 Cheap but Promising Cryptocurrencies to Buy 2023

Purchasing a new cryptocurrency is a great way to earn a quick profit, but you need to understand what you’re backing and know when it’s time to move on. There are thousands of coins out there, including ones with a value >$1. However, they’re not all going to bring in a return. To help point you in the right direction for 2023, we’ve gathered together the most promising cryptocurrencies – and they’re not that expensive at all.

Calvaria (RIA)

Calvaria is the name of an upcoming blockchain card game, and it’s been littering NFT news articles as it moves through its funding rounds. Currently, you can pick up 30.77 RIA for 1 USDT – before it increases at the end of the phase. As well as attention from a growing fanbase, the game is being heavily improved by its developers, who are busy implementing new features to enhance the game.

Dash-2-Trade (DASH)

Dash-2-Trade has only recently closed its final funding round, but it’s smashed its goals by attracting a large community of investors. The primary aim of this project is to simplify trading, by introducing an enormous arsenal of tools. For example, the social buzz around new coins can be tracked on the platform, making it easier to highlight asset growth potential.

As it’s already exited funding, DASH is available on exchanges and its value currently sits at $43.01. Although you’d only get just over 2 coins for $100 – it’s heavily predicted to explode in value during 2023. If you were going to take any risks, make it DASH.

Uniswap (UNI)

Uniswap, which is built over the Ethereum network, is one of the leading decentralized exchanges (DEX) on the market. The platform allows buyers and sellers to connect and make direct trades, which cuts out the middleman and eliminates unnecessary fees. This is great news for people stuck using Coinbase and other centralized exchanges, which take a cut for each transaction.

Ripple (XRP)

Ripple has been around since 2013, making it one of the oldest blockchain payment solutions. The platform, which uses XRP to operate, allows people worldwide to transfer funds easily. As well as appealing to individuals, Ripple has already partnered with the likes of Santander. Currently, 1 XRP will set you back USD 0.35, which is extremely cheap for an asset with such a large potential.

IMPT (IMPT)

The world is becoming more concerned with its impact on the environment, and IMPT understands this. This unique project is aiming to entice people to engage with eco-brands and initiatives. To do this, they’ll use their native coin IMPT, which can be burnt by users to be awarded NFTs. A stake in this project will only set you back USD 0.018 because it’s still in pre-sale, so now is the chance to get on board.

The crypto market is volatile, and beginner investors need to tread carefully. The projects outlined above show promise and are worth investing in, but make sure you carry out your due diligence before parting with your cash.