The 8 Best Cheap Cryptos To Invest In For 2023

The 8 Best Cheap Cryptos To Invest In For 2023

Cryptocurrencies had the highest technological adoption rate of any technological advancement until it was unseated by AI late last year. The cryptocurrency market has gone from nothing to an industry worth over $1.2 trillion in less than a decade. 

This explosive growth speaks volumes about the sector's future; cryptocurrencies are here to stay. But only a mere 4.2% of the global population currently holds crypto. So, there is still much room to profit if one can find the best cheap cryptocurrency to invest in. 

Fortunately, the market is awash, with many low-price cryptocurrencies ripe for the picking. But assembling a list of the best cheap cryptocurrency to invest in 2023 can be challenging because there are many low-price projects.  

The question is, which projects carry the best profit potential? We have conducted extensive research to answer this question and compile a list. This article explores our list of the best cheap crypto to buy in 2023. 

Finding the best cheap cryptocurrency projects to invest in 2023: Picking the winners

The crypto market is littered with thousands of coins, ranging from mere decimals of a cent to several thousand dollars. An inexperienced crypto trader may be intimidated by this overwhelming volume of coins and need help knowing where to begin.  

To answer the question, "the cheapest cryptocurrency to buy?" You must consider several factors, such as liquidity, market capitalization, price, and project use case. 

One crucial factor to consider is the project's use case because several cryptocurrencies exist without real reason or use case backing. Therefore, a solid use case for a project is vital to including it in the list of cheap crypto to buy now.

Another essential factor to consider is the price. Keeping the cost per token less than a dollar keeps the barrier to entry low and can enable massive growth, which is the hallmark of cryptocurrencies. For example, the tokens on this list may be deemed underpriced, but they will shoot to the moon once the public realizes the massive profit potential behind their projects.  

The Market capitalization of the project is another vital factor to consider before crypto investment. Projects with low liquidity just cannot deliver on promises. No matter how promising a coin is, if only a few tokens are circulating, it is useless as an investment.

So, keeping these parameters of use case, liquidity, and price in mind, we've compiled a  list of the best cheap cryptos you can buy now below:

  1. Shiba Memu (SHMU)
  2. Chancer (CHANCER)
  3. AltSignals (ASI)
  4. Metacade (MCADE)
  5. Dodo (DODO)
  6. The Graph (GTT)
  7. Coin98 (C98)
  8. Audius (AUDIO)

Crypto investing: Look before you leap.

It is easy to get caught up in the hype. History has shown that the attraction surrounding massive cryptocurrency profits is justified; clever investors have made life-changing fortunes. But many investors have also lost their capital to over-zealous investing that is not based on sound principles. 

While it is easy to get caught out when investing, it is also possible to reduce risk exposure before investing. To minimize these risks, you must consider things like your budget, risk appetite, and the real-life use case of a token before investing. 

Knowledge mitigates risk, so it is wise not to invest in a project you don't understand. You should also never invest more than you can afford to lose in case of adverse market conditions. 

Conservative investing is generally more profitable than taking huge risks. Investing in a great project with a valid use case and tokenomics is better than investing in just any project. 

With all these in mind, we have compiled this list of the cheapest cryptocurrency to buy in 2023. These projects have great real-world applications, strong community backing, and enormous potential. 

1 – Shiba Memu (SHMU): The AI-Driven Meme Coin Revolutionizing Crypto Marketing

Meme coins have secured a special spot in crypto, beguiling seasoned traders and greenhorns. Among this eclectic mix, Shiba Memu is celebrated for its catchy label and trailblazing approach to the crypto arena. 

The meme coin market has seen explosive growth, with its market capitalization skyrocketing from $0 in early 2020 to over $20 billion in early 2022. While many meme coins ride on hype, Shiba Memu offers genuine utility.

Shiba Memu breaks the mold of conventional meme coins. It is a groundbreaking blend of AI and blockchain, two pivotal forces reshaping our era. This synergy empowers Shiba Memu to assimilate winning marketing tactics to champion itself across key forums and social platforms autonomously and regularly adjust the marketing tactics to the crypto realm's shifting tides. 

This unparalleled adaptability elevates Shiba Memu above its meme coin peers, marking it as a contender to be the best cheap crypto to buy now. The use of AI, particularly in marketing, is a game-changer. The AI-driven approach means that Shiba Memu can create its own marketing strategies, write its PR, and promote itself, making it a low-maintenance yet high-potential investment.

Another standout feature of Shiba Memu is its interactive AI dashboard, accessible to all users. This dashboard provides real-time updates on the token's marketing activities, allowing users to see where and how Shiba Memu promotes itself. Moreover, users can directly engage with Shiba Memu's AI, ask questions, make suggestions, and provide feedback. This level of interaction fosters a sense of community and trust among investors.

For those looking for a meme coin with a difference, Shiba Memu is a compelling choice. Its blend of AI and blockchain technology positions it as a potential long-term investment, unlike other meme coins that might offer quick profits but are inherently volatile. The daily price increase during its presale period further adds to its allure, making early investment a potentially wise decision.

As the quest for the "top affordable cryptos" gains momentum in 2023, Shiba Memu emerges as a leading contender. Its pioneering methods and steadfast dedication to openness and community involvement distinguish it in the bustling meme coin arena. For those eyeing a cheap cryptocurrency to invest in 2023 that offers real value and promising prospects, Shiba Memu is undeniably a prime choice.

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2 – Chancer (CHANCER): Revolutionizing Online Betting and Removing the 'House'

Chancer is a top pick for those looking for the most valuable yet affordable cryptocurrency of 2023. What gives Chancer its distinct edge in this competitive crypto space?

Chancer is a revolutionary blockchain-based predictive markets application. Unlike traditional betting platforms where the odds set by bookmakers limit you, Chancer empowers its users to create their own custom P2P (peer-to-peer) betting markets on a decentralized platform. 

This means you can set up a bet on virtually anything, from predicting the outcome of the World Cup to wagering who will win the charity fourball. The power is in the hands of the users, allowing for a more personalized and transparent betting experience.

The innovative concept of Chancer was conceived by two brothers, Adam and Paul Kelbie. Their vision was to create a platform where friends could easily make bets among themselves and even invite the global community to join in. 

At its core, Chancer's value proposition revolves around the P2P betting concept. It's not just about betting against a friend; it's about setting your odds and challenging people worldwide. The platform's decentralized nature ensures that users are not betting against a house but against each other, bringing back the fun and control to the users.

To facilitate these bets, the platform uses the CHANCER token. While the platform has its roots in gambling, potential investors should note that the primary focus is on the crypto investment opportunity, with the betting element being secondary.

Chancer aims to raise $15,000,000 over its presale's twelve stages. The articles and promotions surrounding Chancer emphasize its potential as a crypto investment, highlighting its unique position as the world's first decentralized online betting app. 

The Kelbie brothers' dedication and involvement in the project further boosts its credibility. They are not just founders but active community members, engaging with followers and participating in various challenges and competitions.

Chancer is also making waves with its numerous giveaways, including a significant $100K token giveaway. These promotions announced weekly on x.com, further enhance the platform's appeal and engagement.

From an investment perspective, Chancer offers a unique opportunity. The global gambling and betting market size indicates a massive potential for market adoption, especially when combined with the innovative features Chancer brings to the table. The platform's roadmap, extending into 2024, outlines key milestones and developments, assuring investors of its long-term vision and commitment.

Wrapping things up, for those scouting for the best cheap cryptocurrency, Chancer is a must-consider. Its groundbreaking betting strategy, vibrant community involvement, and crystal-clear roadmap make Chancer a standout investment prospect in the crypto realm.

>>> You can find more information, including how to buy CHANCER here <<<

3 – AltSignals (ASI): Pioneering the Future of AI-Driven Crypto Trading

Astute investors are perpetually scanning for the next crypto game-changer. Amidst a sea of contenders, AltSignals rises as a beacon, melding state-of-the-art technology with seasoned expertise. 

Established in 2017, this platform has etched its legacy by consistently rolling out superior signals and algorithms spanning diverse financial terrains, from crypto and Binance Futures to Forex and equities.

So, what's the magic behind AltSignals' distinction? It's their relentless drive for innovation. Tapping into avant-garde tech like artificial intelligence, machine learning, natural language processing (NLP), and sophisticated sentiment analysis, AltSignals is revolutionizing the trading realm. 

This tech amalgamation aims to amplify the trading journey, gifting traders with unmatched precision, strategic trade initiation, solid risk mitigation tactics, and a deep dive into market moods. The impressive metrics further underscore AltSignals' dominance in the market. 

With a thriving community of over 52,000 traders, including 1400 VIP members, the platform achieved a commendable average accuracy rate of 64%. Moreover, with a revenue generation of $2.2 million, AltSignals has firmly established its market leadership.

Yet, AltSignals is not one to rest on its laurels. The platform's forward-thinking vision is evident in its ambitious plans for the future. By constructing an AI ecosystem anchored on their revolutionary AltAlgo™ indicator, AltSignals is poised to offer ASI token holders and its vast community of traders a significant competitive advantage. This melding of technology and trading expertise promises to usher in a new trading era marked by efficiency, accuracy, and enhanced profitability.

The ASI token emerges as a prime candidate for investors scouring the market for the best cheap cryptocurrency to invest in 2023. Investing in this token is not merely a financial decision; it's an entry ticket to the exclusive AltSignals AI Ecosystem, ActualizeAI. ASI token holders are privy to various benefits, including tiered access to the AI system based on their token holdings. 

Additionally, those possessing 50K ASI tokens have the unique opportunity to mint a limited edition 'Access AI Pass,' solidifying their elite status and unlocking a passive income stream from all new product launches.

AltSignals guide traders through the tumultuous waters of the market, and with its blend of innovation, expertise, and a proven track record, emerges as one of the best cheap cryptos for those keen on making informed and lucrative investments.

>>> You can find more information, including how to buy ASI here <<<

4 – Metacade (MCADE): Redefining the Future of GameFi and Web3 Community Engagement

Metacade is an exciting choice for those scouting the best cheap cryptocurrency to invest in for 2023. But what sets Metacade apart in the crowded crypto space?

Metacade is designed as the ultimate Web3 community hub, offering a unique blend of gaming and crypto experiences. This platform is where gamers and crypto enthusiasts converge, communicate, and collaborate. 

The aim? To create a dynamic virtual hangout where individuals can dive deep into the world of GameFi and immerse themselves in the rich tapestry of Web3 culture.

At its core, Metacade is a space where users can play their favorite games, engage with established play-to-earn projects, and stand a chance to win enticing prizes. But the platform's offerings don't end there. 

Metacade promises a holistic experience. Users can connect with fellow gamers, developers, and entrepreneurs, sharing interests, ideas, and talents. They can stay updated on trending games, view leaderboards, publish reviews, and even gain access to cutting-edge GameFi developments. All these interactions are sweetened with the reward of the native MCADE token, ensuring users are recognized for their contributions.

The Metacade token, MCADE, is the lifeblood of this ecosystem. Built on the renowned Ethereum blockchain, this ERC20 token ensures seamless transactions within the platform. Whether engaging in competitions, tournaments, or staking, MCADE facilitates it all. 

The token's utility extends beyond mere transactions. It's a symbol of community engagement, a tool for staking, and a medium for rewards. Users can stake their MCADE tokens, participate in the platform's offerings, and earn rewards in the form of stablecoins, ensuring the token's value remains unaffected.

What truly makes Metacade a standout candidate for the best cheap crypto to buy is its commitment to revolutionizing the traditional community gaming hub. The platform's roadmap from 2022 to 2024 is a testament to its ambitious vision. 

From presale launches, CEX listings, token launches to the introduction of Work2Earn, MetaGrants, and full community-driven governance, Metacade's journey is meticulously charted out. Each phase is designed to enhance the platform, making it more robust, inclusive, and rewarding.

Safety is paramount in the crypto world, and Metacade doesn't compromise. The platform has undergone a rigorous audit by CertiK, an industry leader in blockchain security. This ensures that Metacade's operations, from its smart contract to its team, adhere to the highest security and transparency standards. With the CertiK seal of approval, users can be assured of the platform's integrity and reliability.

In the quest for the best cheap cryptocurrency to invest in 2023, Metacade offers a compelling proposition. It's not just a crypto; it's a movement to redefine gaming, to build a community, and to provide unparalleled experiences. For investors with an eye on the future, Metacade is a name to watch, a platform to explore, and a token to consider.

>>> You can find more information, including how to buy MCADE here <<<

5 – Dodo (DODO): Revolutionizing Decentralized Trading with Proactive Market Making

The Dodo is far from extinct, luring traders seeking the best cheap cryptocurrency to invest in for 2023. Unlike many of its counterparts, Dodo isn't just a mere token or a speculative asset; it represents a paradigm shift in how decentralized trading is approached.

Dodo is an innovative, algorithm-driven decentralized trading platform. Its foundation is built upon the Proactive Market Maker (PMM) algorithm. PMM is a groundbreaking technology that ensures efficient on-chain liquidity for Web3 assets. 

This means that Dodo is a facilitator, streamlining the process for everyone, from seasoned traders to novices, to issue and trade Web3 assets easily. This technological prowess sets Dodo apart and positions it at the forefront of the crypto revolution.

But what sets Dodo apart in the crowded crypto marketplace? It's the platform's unwavering commitment to offering the best prices for Web3 assets. Dodo guarantees that traders and investors access the most competitive prices by harnessing its own liquidity and aggregating liquidity from other decentralized exchanges. 

In the volatile world of cryptocurrencies, where prices can swing dramatically within short time frames, Dodo's assurance of the best prices becomes a significant differentiator. So confident is Dodo in its pricing mechanism that it promises an NFT reward to anyone who can find a better offer on another platform. This underscores Dodo's commitment to value and reinforces its position as a leader in the crypto trading space.

Beyond its advanced algorithm and pricing advantages, Dodo also offers something that many platforms overlook: simplicity and accessibility. In the complex world of crypto trading, where barriers to entry can be high, Dodo democratizes the process. 

Without the need for any coding knowledge, anyone can issue their own tokens on the Dodo platform. Users can navigate from initial issuance to liquidity mining with a few intuitive clicks. This seamless user experience, combined with Dodo's advanced features, makes it an attractive proposition for both seasoned crypto enthusiasts and those new to the space.

Looking ahead to 2023, the landscape of cryptocurrencies is poised for transformation. As adoption rates soar and the world becomes more crypto-savvy, the criteria for what constitutes the best cheap crypto to buy will inevitably evolve. 

Dodo's unique blend of technological innovation, commitment to value, and user-centric approach positions it as a frontrunner in this dynamic environment. For those searching for the best cheap cryptocurrency to invest in 2023, Dodo offers a compelling blend of features that are hard to overlook.

6 – The Graph (GRT): Bridging the Gap Between Complex Blockchain Data and Seamless Querying

The Graph is raising its hand for investors seeking the prime affordable crypto bet for 2023. So, what gives The Graph its unique edge amidst the ocean of digital currencies?

The Graph is a digital coin pioneering decentralized protocols crafted for indexing and querying data from blockchains. While this may seem intricate, at its core, The Graph tackles a pivotal obstacle in the blockchain universe: extracting complex data. 

Numerous ventures with sophisticated smart contracts, like Uniswap, or NFT endeavors, such as the Bored Ape Yacht Club, store data on the Ethereum blockchain. While this anchors security and decentralization, it renders straightforward data access a challenging and often daunting task. 

Consider the Bored Ape Yacht Club, a popular NFT initiative. While one can perform basic operations like identifying the owner of a specific Ape or determining the total supply, more advanced queries, such as filtering apes based on specific characteristics, become arduous. To retrieve such data, you would have to process every single transfer event ever emitted, aggregate the data, and then analyze it. For decentralized applications (dapps) running in browsers, even seemingly simple queries could take hours or even days to resolve.

Building a server to process these transactions, save them to a database, and then query the data is an option. However, this approach is resource-intensive, requires constant maintenance, presents a single point of failure, and compromises the decentralization principle that underpins blockchain technology.

This is where The Graph shines. It offers a solution to the complex problem of indexing blockchain data. The protocol enables efficient querying of blockchain data, transforming it into easily accessible APIs that can be queried using the standard GraphQL API. This means that developers and users can retrieve data from the blockchain seamlessly without compromising on the decentralization ethos.

But how does The Graph achieve this? The protocol operates based on subgraph descriptions, known as the subgraph manifest. This description outlines the smart contracts of interest, the events within those contracts to monitor, and how to map event data to data that The Graph will store. Once a subgraph manifest is deployed, The Graph Node scans Ethereum for new blocks and relevant data. This data is then processed and stored, ready to be queried by dapps.

Regarding the best cheap cryptos to invest in for 2023, The Graph's unique value proposition makes it a standout. As the crypto ecosystem evolves and becomes more complex, tools that simplify and streamline processes will be in high demand. With its innovative approach to blockchain data querying, the Graph is well-positioned to be a leading player.

For investors searching for the best cheap crypto to buy, The Graph offers both technological innovation and practical utility. As the bridge between complex blockchain data and user-friendly querying, The Graph is poised to play a pivotal role in the crypto world of 2023 and beyond.

7 – Coin98 (C98): Powering a Multi-Chain DeFi Ecosystem with Tangible Utility and Growth Potential

Coin98 is a notable mention for investors scouting the best cheap cryptocurrency to invest in for the upcoming year. So, what's the buzz around Coin98?

Coin98 isn't merely a digital asset; it's the beating heart of the Coin98 DeFi platform, driving the entire ecosystem. Crafted on multiple blockchains such as Ethereum, BNB Chain, Solana, and Polygon, the C98 Token is the native utility token that powers the Coin98 platform. This multi-chain foundation amplifies its reach and versatility, making it a unique player in the crypto arena.

A pivotal aspect of C98 is its role in the Coin98 ecosystem. The token is integral for various operations, from paying transaction fees on the Coin98 Exchange to staking incentives. Users of the Coin98 Exchange pay a nominal fee for successful transactions using the C98 token. Integrating the native token into the platform's core functions enhances its utility and demand.

But the utility of the C98 Token doesn't stop at transaction fees. The decentralized nature of the Coin98 Exchange necessitates liquidity providers to stake their digital assets in decentralized market-making pools. To incentivize this, Coin98 offers staking rewards. 

Users can earn passive income by providing liquidity or participating in liquidity mining across Coin98's platforms, receiving C98 tokens as rewards. This staking model not only ensures the smooth operation of the exchange but also provides an avenue for token holders to accrue benefits.

Governance is another crucial facet of the C98 Token's utility. The decentralized ethos of the crypto world emphasizes community-driven governance. C98 token holders can propose and vote on governance decisions, influencing features and parameters of the Coin98 Exchange and its associated products. This participatory governance model empowers the community to shape the platform's trajectory.

Beyond governance and staking, the C98 Token offers unique membership rights. Based on the amount of C98 held, token holders are categorized into tiers, each unlocking exclusive privileges and premium events. Higher tiers offer perks like priority access to Coin98 launchpad events and collaborations with strategic partners.

Lastly, the C98 token plays a role in the platform's long-term vision. It's envisioned to foster a "self-sustainable, closed-loop economy." Whether in C98 or other assets, network fees collected are either redistributed as incentives to active contributors within the ecosystem or earmarked for future product development and ecosystem expansion.

Coin98's multifaceted utility, combined with its integration into a growing DeFi platform, positions it as a promising candidate on the list of the best cheap cryptos to invest in for 2023. As crypto markets evolve, tokens with tangible utility and a clear role in a broader ecosystem will likely stand out. 

For those seeking a cheap cryptocurrency to invest in 2023, Coin98 offers a blend of utility, innovation, and potential growth, making it a worthy consideration for the discerning investor.

8 – Audius (AUDIO): Decentralizing the Music Industry and Empowering Artists in the Crypto Age

Among the best cheap cryptos to invest in for 2023, Audius stands out as a game-changer in the music domain. Audius addresses long-standing issues in the music industry, including giving artists ultimate control over distribution of their music and connection to their fanbase. Despite generating a whopping $43 billion in revenue, a mere 12% finds its way to the artists. 

This disparity stems from a convoluted network of intermediaries that have persisted since physical record production. With the digital age rendering many of these intermediaries redundant, Why do artists still receive such a small piece of the pie?

Enter Audius, a decentralized protocol tailored for audio content. This innovative platform is built upon public blockchain infrastructure and other decentralized technologies, ensuring artists can distribute their music and get paid directly by their fans. The platform's uniqueness lies in its components:

Firstly, the Audius platform token powers the token economy and incorporates 3rd-party stablecoins and artist-specific tokens. Then, decentralized storage: A robust solution for sharing audio and metadata. 

Track encryption is next on the list: A unique scheme that pairs with a mechanism to unlock user-specific content. Next, the discovery protocol enables users to search for metadata efficiently. Lastly, Audius' decentralized governance is a system where artists, node operators, and fans have a say in protocol changes and upgrades.

Audius isn't just a theoretical concept; it's a live protocol. As of its last update, it serves nearly 500,000 users every month. This decentralized community comprises artists, fans, and node operators working harmoniously to redefine the music industry.

The Audius token is central to the platform's operations. It's not just a cryptocurrency; it's a multi-functional token that provides security, grants access to features, and plays a pivotal role in governance. 

Node operators, for instance, stake AUDIO tokens to run the Audius protocol. The more they stake, the higher their chances of being selected by fan clients. This staking mechanism ensures that the most valuable contributors to the ecosystem are rewarded.

Furthermore, artists can stake the Audius token to access unique distribution tools. They can even issue their artist tokens, providing fans with exclusive content or experiences, such as unreleased tracks or special remix competitions. This creates a bond between artists and their fans, ensuring both parties benefit from the platform.

For investors seeking the best cheap cryptocurrency to invest in, Audius presents a compelling case. It's not just another crypto; it's a solution to a real-world problem. By democratizing the music industry and ensuring artists get their fair share, Audius is poised to disrupt the status quo. As the platform grows and more artists and fans join the ecosystem, the potential for AUDIO's appreciation becomes even more evident.

In conclusion, when considering cheap cryptocurrency to invest in 2023, Audius should be on every investor's radar. It's more than just a crypto; it's a movement to reshape the music industry for the better.

Final thoughts: Finding the best cheap cryptocurrency to invest in 2023 

The cryptocurrency landscape in 2023 is marked by many innovative platforms, each carving a niche with its unique offerings and vision.

Chancer is not just another name in the crypto space; it's a beacon of innovation. By revolutionizing P2P betting through decentralized predictive markets, it offers a fresh perspective on betting, placing the power directly in the users' hands. 

Shiba Memu, on the other hand, is redefining the meme coin sector. By seamlessly integrating AI with blockchain, it autonomously champions its brand, setting it apart from the typical meme coins that often lack substance.

AltSignals is a testament to the power of AI in the trading realm. Established in 2017, it has consistently showcased the potential of combining artificial intelligence, machine learning, and sentiment analysis to offer superior trading signals. Metacade is another name to watch, blending the worlds of gaming and cryptocurrency to create a dynamic virtual hangout for enthusiasts.

Dodo's proactive market-making approach to decentralized trading is a game-changer, ensuring users get the best prices for Web3 assets. The Graph, meanwhile, addresses a crucial challenge in the blockchain world: making complex data accessible. By enabling efficient querying of blockchain data, it bridges the gap between intricate blockchain information and user-friendly querying.

Coin98 is powering ahead with its multi-chain DeFi ecosystem. Its token, integral to the platform's operations, offers a myriad of utilities, from transaction fees to staking incentives. Lastly, Audius is a beacon of hope for artists. In an industry where artists often get a minuscule portion of the revenue, Audius, with its decentralized protocol, ensures artists are fairly compensated.

Ultimately, navigating the crypto realm of 2023, it's evident that the industry is maturing. It's no longer about speculative investments; it's about platforms that offer real-world solutions, community engagement, and a clear roadmap for the future. 

Each of these platforms, with their distinct offerings, presents a compelling case for investment. As the crypto world becomes less of a novelty and more established in the investment zeitgeist, these names are poised to be the 8 best cheap cryptos to invest in for 2023.

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