When it comes to the world of cryptocurrency, there is no shortage of opportunities. With a wide range of potential coins to invest in, it can be challenging to know where to start. However, one approach that has proven successful for many investors is focusing on trending cryptos. These cryptocurrencies have gained significant traction with users and established communities, and price increases often reflect this over time. In addition, these coins often boast innovative use cases that set them apart from other competitors.
By double-checking community buzz and following market growth patterns, it can be possible to find stellar investment opportunities in the rapidly evolving landscape of cryptocurrency trading. After all, when your investments are backed by solid fundamentals and a track record of growth, you can feel confident heading into the future with a new crop of promising tokens in your basket.
This article looks at the top 10 trending cryptocurrencies to buy. We will examine why these cryptocurrencies are valuable and where investors can find them.
Virtual currencies are highly volatile. Your capital is at risk
Top 10 Trending Cryptocurrencies to Buy
Below, we have listed the ten trending cryptocurrencies to buy today. We will take an in-depth look at them to give you an idea of why they are the top altcoins to buy.
- Terra Classic (LUNC) – Top trending cryptocurrency with a fast-growing community.
- Cardano (ADA) – Ethereum competitor with a big growing ecosystem.
- Ripple (XRP) – Trending cryptocurrency with pump potential based on SEC news.
- Shiba Inu (SHIB) – High potential meme coin with a lot of community buzz.
- Chiliz (CHZ) – One of the top cryptocurrencies bringing blockchain to gaming.
- FTX Token (FTT) – Utility token for fast-growing cryptocurrency exchange.
- Aave (AAVE) – Top DeFi cryptocurrency with a lot of building.
- Avalanche (AVAX) – Top Ethereum competitor with strong rebound potential.
- Ethereum (ETH) – Top trending cryptocurrency riding on big news.
- Gala (GALA) – Popular cryptocurrency rising in the play-to-earn gaming space.
Virtual currencies are highly volatile. Your capital is at risk
An In-depth Look at Trending Crypto Coins to Invest in Today
When investing in new cutting-edge cryptocurrency projects, it is essential to consider where you can gain the greatest return on your investment. Many of the top trending and successful cryptocurrencies got their start by building up a solid social media presence, with advocates and investors rallying around a promising project before it hit the markets. This early buzz often translates into increased price momentum when a coin finally hits exchanges, so savvy investors should always keep an eye on emerging social media buzz.
Of course, other factors should be considered when choosing which cryptocurrency to invest in. For instance, you should assess long-term potential, technical viability, and community support, but starting early on social media is one thing that no investor can afford to overlook.
With the potential for outsized returns, it is clear that investing in trending cryptocurrencies can be a very lucrative endeavor indeed. So, if you’re considering investing in this exciting space, do your research and get started early. You never know where great investments might come from.
Now that you know what to look for, let’s take a deeper look at the top trending cryptocurrencies to buy now.
1. Terra Classic (LUNC) – Top trending cryptocurrency with a fast-growing community.
Top on the list of trending cryptocurrencies to invest in is Terra Classic. Terra Classic makes it to the list because the community has actively been pushing for a more aggressive token burn to bring down the number of tokens and drive up the price.
At the moment, multiple top cryptocurrency exchanges are supporting the burn plan, including Binance. Terra Classic is a unique place for value appreciation going into 2023. That’s because the price will go up as the number of coins reduces. This could trigger FOMO in Terra Classic, especially if the broader cryptocurrency market gains bullish momentum.
Virtual currencies are highly volatile. Your capital is at risk
2. Cardano (ADA) – Ethereum competitor with a big growing ecosystem.
Cardano can’t miss in the list of top trending cryptocurrencies to invest in right now because of its strong and ever-improving fundamentals. One of the key factors likely to drive up the value of Cardano in 2023 is its growing adoption. Since it introduced smart contracts in 2021, Cardano has seen several projects building on top of it.
However, the most significant factor that is likely to make Cardano a top cryptocurrency to buy now is the events around Ethereum. Ethereum recently transitioned to Proof-of-Stake, and there were huge expectations that this could translate to a massive reduction in fees and increased scalability. This is yet to happen, and investors could start considering other Proof-of-Stake cryptocurrencies with better core metrics.
Cardano is one of those that stand out on this front because its Proof-of-Stake algorithm is one of the best in the market. Cardano stands out because it is scalable, low fee, and, most importantly, secure and decentralized. Its odds of taking off are pretty high in 2023.
Virtual currencies are highly volatile. Your capital is at risk
3. Ripple (XRP) – Trending cryptocurrency with pump potential based on SEC news.
Ripple XRP also makes it to the top trending cryptocurrencies that could do well in 2023. For months, XRP has been on the radar of investors due to the ongoing case between Ripple and the SEC.
Speculation has been rife that the case was close to coming to an end and that it could go Ripple’s way. If this happens, XRP is easily one of the best cryptocurrencies to buy now. That’s because if the case goes Ripple’s way, XRP price prediction could take off in 2023. The odds of XRP emerging as top-performing crypto today and for many years would be pretty high.
Virtual currencies are highly volatile. Your capital is at risk
4. Shiba Inu (SHIB) – High potential meme coin with a lot of community buzz.
Shiba Inu is one of the cheap crypto coins today and has long been considered a top meme coin to buy, for those looking to invest in the fast-growing world of crypto-collectables. Despite falling by more than 80% from its 2021 highs, SHIB remains a popular cryptocurrency for investors interested in accumulating assets that can be spent like traditional currency.
Recently, Shiba Inu was added to Binance Card, a new platform that allows holders to spend their SHIB at merchants that accept traditional credit cards. This is just the latest example of how this resilient coin continues to stand the test of time, even in the face of wild market fluctuations and bearish trends.
Shiba Inu has also progressed towards addressing scaling issues by introducing a layer-2 solution called Shibarium. This and the fact that Shiba Inu now has a Metaverse all add to its potential for long-term growth.
With its combination of utility and hype, Shiba Inu is undoubtedly a top cryptocurrency to watch closely. Besides, SHIB price is a pretty cheap cryptocurrency, and if you are wondering how to invest $1000, SHIB is a worthwhile consideration.
Virtual currencies are highly volatile. Your capital is at risk
5. Chiliz (CHZ) – One of the top cryptocurrencies bringing blockchain to the sports world.
Chiliz is a groundbreaking new blockchain project taking the world of sports fandom by storm. Their platform, Socios, is designed to capitalize on the increasingly popular concept of fan tokens. Simply put, Chiliz is a digital token that allows fans to interact directly with their favorite sports teams or events as they occur on the field or court.
With Chiliz, fans can purchase these tokens in real time and use them to claim exclusive rewards and perks. Some of the benefits include access to meet-and-greets with prominent players and coaches, discounts on merchandise and tickets, and so much more.
While it is a relatively new cryptocurrency, Chiliz has recently become one of the top trending new cryptocurrencies. It is already adopted by major sports teams like Barcelona and AC Milan.
As more clubs discover the benefits of fan tokens, Chiliz’s adoption will gain even more traction going into 2023. This makes it one of the top trending cryptocurrencies to buy and hold.
Virtual currencies are highly volatile. Your capital is at risk
6. FTX Token (FTT) – Utility token for fast-growing cryptocurrency exchange.
Exchange tokens have been quite attractive to cryptocurrency investors for a while now, which is unlikely to change soon. That’s because these cryptocurrencies offer investors some level of stability due to their utility value. That’s why the FTX token makes it to the list of trending cryptocurrencies to invest in.
FTX Token is the native utility token of FTX – one of the market’s leading crypto exchanges. What makes this platform so special is its cutting-edge crypto derivatives.
With a wide array of leveraged contracts and completely automated order management, FTX has quickly become one of the most innovative names in the field. Whether you’re a seasoned trader or just getting started, FTX offers everything you need to take your game to the next level. As more traders start using FTX, the intrinsic value of the FTX token has also grown.
For this reason, more investors want to invest in FTX tokens to benefit as the exchange value grows. This makes FTX a top trending cryptocurrency to keep your eyes on if you wish for sustainable growth and even potential FOMO if the FTX exchange announces new partnerships.
Virtual currencies are highly volatile. Your capital is at risk
7. Aave (AAVE) – Top DeFi cryptocurrency that has a lot of building on it.
Aave is a powerful decentralized finance (DeFi) protocol that has recently gained widespread popularity. The innovative protocol enables users to lend or borrow crypto without a bank-like intermediary.
In addition to facilitating lending and borrowing, Aave also functions as a decentralized autonomous organization (DAO). Holders of the network’s native token, AAVE, are responsible for governance. This means that token holders can oversee decisions such as whether new features should be added to the platform, the interest rates for loans, and how signups into the network should be handled.
When it was first launched, the Aave protocol stood out as one of the premier decentralized financial (DeFi) platforms in the crypto industry. Boasting powerful features like instant transactions and high transaction throughput, Aave quickly established itself as one of the most trusted DAO projects in the space. And due to overwhelming demand from investors, Aave has since expanded to several blockchains, including Avalanche and Harmony One.
Recently, Aave started trending when it launched its stablecoin, which has a similar working mechanism as DAI. The stablecoin known as GHO has collateral and is designed to always peg to the dollar.
As the GHO stable coin gains traction, the interest payments it will generate will be used to grow Aave’s treasury. This will positively impact Aave tokens, and by extension makes AAVE one of the top DeFi coins in the market today.
Virtual currencies are highly volatile. Your capital is at risk
8. Avalanche (AVAX) – Top Ethereum competitor with strong rebound potential.
Avalanche can’t miss in our list of top trending cryptocurrencies to buy for 2023, and for a good reason. It is one of the most scalable and stable Ethereum competitors in the market today.
Avalanche is a powerful new blockchain platform poised to revolutionize crypto space. The platform offers a wide range of features, including support for non-fungible tokens and a comprehensive developer ecosystem.
However, perhaps its most unique feature is its innovative approach to scalability. Rather than using a single main chain to handle all transactions, Avalanche employs several parallel sub-chains. This allows the platform to process requests at much higher speeds and with lower transaction fees than other platforms like Ethereum. Avalanche has quickly gained recognition as the rising star of blockchain technology and looks set to become a serious contender in the growing decentralization space.
Avalanche’s capabilities have triggered a wave of adoption, including by top corporations like MasterCard. As adoption gains momentum, so will the value of AVAX, the native token of the Avalanche ecosystem. This makes it a trending cryptocurrency that could easily take off in 2023. Besides, it is easy to buy AVAX since it is available on most top exchanges. As such, volumes could keep rising into the future, which is good for price stability.
Virtual currencies are highly volatile. Your capital is at risk
9. Ethereum (ETH) – Top trending cryptocurrency riding on big news.
Ethereum is one of the hottest currencies on the cryptocurrency market today. With a market cap of $157 billion and a trading volume exceeding $9 billion, Ethereum is a force to be reckoned with. Its unique smart contract functionality sets this digital currency apart from others.
Unlike most currencies, which are primarily used for transactions or investment purposes, Ethereum allows users to create decentralized apps, or Dapps, that can run on its blockchain technology. This makes it an extremely versatile and powerful tool and has helped it to become one of the most popular cryptocurrencies worldwide.
Going into 2023, the hype around the merger will likely keep Ethereum among the top trending cryptocurrencies. This transition presents numerous benefits for Ethereum users and stakeholders alike. First, over time, the new PoS algorithm will make the Ethereum network significantly more energy efficient by drastically reducing transaction fees and lowering energy expenditure.
This means that Ethereum’s future looks bright and it’s considered a good investment as it continues to build on its legacy of success. So, whether you’re an avid crypto enthusiast or someone looking for ways to hedge against inflation, keep your eyes peeled for Ethereum. It’s one of the most energy-efficient cryptocurrencies to watch, and that’s a big deal.
Already Ethereum price prediction is showing signs of growth in terms of the number of people buying Ethereum to stake it.
Virtual currencies are highly volatile. Your capital is at risk
10. Gala (GALA) – Popular cryptocurrency rising in the play-to-earn gaming space.
Play-2-Earn gaming is growing, so Gala easily makes it to the list of top trending cryptocurrencies to invest in.
Gala is a new gaming platform that brings gamers together through blockchain technology. Within the Gala ecosystem, users can play various games and earn digital rewards, all while interacting with a network of other gamers.
Moreover, all platform transactions are completed using the Gala token, a native currency that can be exchanged for other crypto or fiat currencies. From first-person shooters to RPGs and strategy games, Gala has something for everyone.
Through the Gala ecosystem, gamers also earn with NFTs that can be used for playing or sold within the game.
There has been a lot of excitement surrounding Gala recently, as the development team behind this innovative platform has announced that it is working on its own blockchain. The current version of Gala runs on the Ethereum blockchain, but users can expect faster transaction speeds and more powerful security measures with the new blockchain.
In addition to this technological upgrade, Gala is now available on Polygon, intending to speed up its expansion into new markets and better serve its growing user base. With so much momentum already building behind it, Gala shows no signs of slowing down going into 2023. It is, without a doubt, one of the trending cryptocurrencies to buy today.
Virtual currencies are highly volatile. Your capital is at risk
How to spot top trending cryptocurrencies
Up to this point, you have a good idea of the top trending cryptocurrencies. These 10 coins are not the only trending cryptocurrencies that could do well in 2023. Many others have a high potential. The challenge for most investors is identifying these undervalued cryptocurrencies and getting in before the hype builds up.
You don’t have to worry, though. Below are tips on how to find the top trending cryptocurrencies to invest in.
Use Information Available in the mainstream media.
The mainstream is a powerful tool because once it takes note of a cryptocurrency, it tends to create FOMO around it. If you want to find out what cryptocurrencies will be trending, it is best to keep an eye on the cryptocurrency sections of the mainstream media. If you buy immediately, a cryptocurrency is trending in the mainstream media. The odds are that it will go up in value.
One of the most popular ways to stay up-to-date on the latest trends in the cryptocurrency world is to use Twitter. Because it is a popular social media platform with millions of users, many high-growth crypto projects maintain active Twitter accounts to connect easily with their community. By tracking the level of engagement these projects are generating on Twitter – through things like the number of followers they have and the number of likes and retweets they receive on their tweets – it is possible to quickly identify which coins are gaining traction in today’s market. So, if you want to invest in a cryptocurrency with real growth potential, be sure to pay close attention to your favourite crypto’s Twitter account.
Discord
Discord is another social media platform to pay attention to when looking for trending cryptocurrencies with high potential. Cryptocurrencies communicate with their users through channels called Servers.
Follow different popular cryptocurrency channels for discussions on the latest coins and tokens. Get as much information as you need about a cryptocurrency before investing. For new cryptocurrencies, go for one with the most traction on multiple discord servers.
Reddit has tech-savvy users who are updated on the latest in the world of cryptocurrencies. That’s why using Reddit for guidelines on how to invest in new trending cryptocurrencies.
To find out the trending cryptocurrencies to buy today, use the subreddit r/Cryptocurrency. Once you find out what people are talking about, go to the particular subreddits of the cryptos with buzz and learn more about them.
Telegram
Telegram is a valuable resource for tracking the best trending cryptocurrencies to invest in. One of the main benefits of using this platform is that it allows you to connect with fellow crypto enthusiasts, giving you access to up-to-date information about the latest trends in the crypto world. However, it’s important to remember that supporters of certain projects often dominate Telegram groups.
Before diving headfirst into any cryptocurrency’s Telegram group, it’s vital to have at least a basic understanding of its prospects and fundamentals. This will help you cut through the noise and focus on what matters. Ultimately, while Telegram can be an excellent resource for discovering potential cryptocurrency winners, it’s essential to treat all the information you find there with a critical eye and do your research before making any big decisions.
YouTube
You can learn about trending cryptocurrencies from most of the top cryptocurrency YouTube Channels. However, it is essential to note that most YouTubers are paid to promote new cryptocurrencies. As such, they will likely only give you the best sides of their favorite cryptocurrencies. To avoid such pitfalls, combine the views of the YouTuber on a top trending cryptocurrency with your research.
Virtual currencies are highly volatile. Your capital is at risk
Top Trending Cryptocurrencies – Conclusion
This guide has taken you through the top trending cryptocurrencies and why they hold so much potential. While things can always go south, the ten cryptocurrencies in this list have good odds of doing well in a few weeks.
We are particularly excited about Shiba Inu because of a recently introduced spend and burn feature. This will likely make it the top trending crypto in the coming months and potentially drive up its value faster than many other cryptocurrencies.
FAQs
How can I identify top trending cryptocurrencies with high potential?
There are multiple ways to find top trending cryptocurrencies, including following the mainstream media and social media.
What should I look for in the top trending cryptocurrency
Besides the hype, you need to look at the cryptocurrency use cases and the team behind them. This can help you avoid scams and pump-and-dump schemes.
Virtual currencies are highly volatile. Your capital is at risk
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