Whilst well established coins such as Bitcoin and Ethereum offer the most stability when making cryptocurrency investments, traders often experience their biggest wins when investing in altcoins that possess smaller market caps and larger pumping potentials.
Finding the best crypto exchange to explore and invest in these promising altcoins can significantly amplify potential gains and diversify your cryptocurrency portfolio.
In general, this is because smaller market caps indicate greater growth potential, meaning altcoin investors can 2, 10, or even 100x their initial bags if they conduct the right investment strategy.
However, with a growing plethora of cryptocurrencies being on the market, identifying the optimal investment strategy can be a near-impossible process for many. Additionally, trusting what projects shill about themselves is an equally hard task.
With these troubles in mind, our analysts decided to devise the following unbiased list of the most promising crypto projects currently on the market.
Below is our list of the most promising cryptocurrencies to invest in:
Anarchy ($ANA): An Ethereum-residing altcoin built around anti-establishment, community empowerment, and financial freedom. With over $5 million raised in its ICO so far, ANA is poised to close its presale and begin listings across big-name centralised exchanges (an event that'll see huge ROIs given its exposure to the masses).
Filecoin ($FIL): The native currency of the Filecoin network – a software protocol that offers peer-to-peer cloud based file storage and a hosting layer for launching decentralised frontend websites (i.e. without using a centralised cloud).
Solana ($SOL): A leading altcoin that continues to prevail and pump despite undergoing regulatory scrutiny. Through hosting a proficient core infrastructure, superior transaction speeds, cost-effectiveness, and scalability, many projects are bullish on using the Solana network and its native SOL token as their home of Web3 operations.
Uniswap ($UNI): The native coin of crypto's leading decentralised exchange (DEX) UniSwap. UNI can be earned by users who don't sell or trade their crypto holdings, and its ownership also offers governance rights over the platform.
Monero ($XMR): A privacy-focused crypto that is designed to be untraceable. Arguably demonstrating decentralised finance at its maximum, its native XMR token is a good investment for those wanting confidentiality and censorship-resistant from their crypto transactions.
Anarchy and its native ANA token offer exactly what we want from a rebellious, community-driven altcoin…which is gold-stand tokenomics, resonating marketing and lore, and an unwavering commitment towards the true ethos of DeFi.
…And that goes without mentioning its close-to-sell-out presale phase.
Touted to be the successor of memecoin extraordinaires Pepe (PEPE) and Milady (LADYS), Anarchy is in the process of selling 20.8 billion of its 24.5 billion max supply via its third presale stage, at just $0.0003 per token.
However with the next bull run on the immediate horizon, the project has recently offered an ultimatum to onlooking investors…as now they only have until January 4th to buy-up the remaining 17% of presale tokens. Alternatively, the presale could quite-likely end beforehand if all tokens are sold and the $6 million revenue target is hit.
Of course, such decision comes amid the project's unilateral focus on holder empowerment and price appreciation, as once the presale closes, ANA will be listed across many big-name centralised crypto exchanges (CEXs). In tandem with the next bull run, this is poised to pump the token's price given its exposure to the masses – an endeavour that will be multiplied by the project's partnerships with some of the most illustrious crypto figures on the net.
When it comes to ANA's longevity, 80% of its total supply will be issued for sale, with the remaining 20% being reserved for liquidity and exchange listings. In the future, 0.5% of the tokens will be burnt, with another 4.5% to be used for funding philanthropic proposals put forward by the Anarchy DAO.
Through selling almost 21 billion tokens to date, the project has already collected over $5 million to help towards maximising the coin's value and utility. Pioneering such endeavours is its defiant cartoon wolf spokesperson (a.k.a. The Metalord), which serves as the project's vehicle for garnering engagement and spreading the word of its anti-establishment, moon-bound cryptocurrency.
And in addition to offering potential 2 (or even 3) figure multipliers on their investments once listed on CEXs, Anarchy also empowers its community by running frequent Ethereum-packed giveaways on X, as well as future community-centric events courtesy of its DAO.
Purchase Methods: ETH, USDT, BNB
Blockchain: Ethereum
Min/Max Investments: None
Filecoin and its native FIL token is a blockchain ecosystem that focuses on decentralised data storage, whilst also providing users with economic incentives.
The project comes courtesy of Protocol Labs, which is also the developer behind its Interplanetary File System (IPFS)- i.e. the technology underpinning the whole project.
Further, Filecoin is essentially a software protocol that's based on peer-to-peer cloud based file storage, as well as a hosting layer that allows anyone to host decentralised frontend websites (i.e. without using a centralised cloud).
In other words, it's a decentralised version of cloud storage platforms such as Amazon Web Services and Alibaba Cloud, which in turn negates the need for web hosters to use privacy-comprised HTTP and HTTPS protocols.
In practice, users who need to place data onto Filecoin-hosted decentralised frontend websites pay a fee to upload it. Here, a suitable storage provider (i.e. a miner) then writes a guarantee to store the data array in the Filecoin blockchain.
Through such process, miners receive FIL rewards for creating blocks, as well as storage payments (with respective amounts being determined by the amount of storage available to the network).
In turn, this means that FIL is primarily a means of payment for network transactions, however it's also an incentive currency for disk space providers and miners who create blocks and record all Filecoin transactions.
As of today there are around 4000 active miners on the Filecoin blockchain, however with the expansion of its usage – given its array of decentralised internet hosting prowesses – you can expect such number – as well as the value of the token – to grow in tandem. Additionally, Filecoin comes as part of a cloud storage industry that's growing at almost 35%, meaning FIL could also experience similar – if not steeper – growth moving forwards.
Purchase Methods: Credit card & crypto (across many crypto exchanges)
Blockchain: Filecoin
Min/Max Investments: Varies depending on exchange
SOL is the native coin of Solana, a leading blockchain project that uses a unique consensus mechanism called Proof of History to enhance transaction processing speeds for handling thousands of transactions per second.
The blockchain and its native SOL token are most notorious for their involvement in building NFT applications such as storefronts and other innovative tools, which can then be integrated into other applications like Web3 games. In turn, its stature as a speedy and economic blockchain for hosting NFTs has seen it become the second most-used blockchain in the non-fungible space.
When it comes to SOL more specifically, the token is used for paying transaction fees and staking. More poignantly, stats from The Block suggest that there are over 336,000 active Solana wallets as of November 2023, which indicates substantial and sustainable demand for the token.
Further, given the imminent arrival of the next bull run, Solana has the potential to capitalise on its first-mover advantage and huge user base to expand on the notable gains it's recently made even further. With this in mind, an investment in SOL is both bullish and less risky compared to other altcoins with less-established Web3 footprints.
Purchase Methods: Credit card & crypto (across many crypto exchanges)
Blockchain: Solana
Min/Max Investments: Varies depending on exchange.
Uniswap is the unequivocal leader of the decentralised crypto exchange (DEX) game. Further, as is the premise of DEXs, the platform is essentially a place for users to swap various tokens without the need for a traditional order book. Here, it employs an automated market maker (AMM) model where liquidity is provided by users' funds in smart contracts, as opposed to relying on buyers and sellers to create liquidity.
Initially launched on Ethereum 2018, Uniswap now supports an array of tokens from other blockchains, such as Polygon, Arbitrum, Optimism, Binance Smart Chain, and Celo.
When it comes to UNI, the token was introduced to decentralise the protocol and empower its community through granting voting rights over upgrade decisions to those who hold it. Additionally, UNI serves as an incentive for liquidity providers, as it's rewarded to such participants as part of transaction fee shares.
In May 2023 the platform recorded over 30 million active users, which like Solana, indicates a substantial and sustainable demand for its native UNI token. Again, you can also expect such rates to skyrocket once DEX usage accelerates amid the next crypto bull run.
Purchase Methods: Credit Card & crypto (across many crypto exchanges)
Blockchain: Ethereum
Min/Max Investments: Varies depending on exchange.
Monero is a privacy-focused cryptocurrency that prioritises anonymity and fungibility.
Using advanced cryptographic techniques such as ring signatures and stealth addresses, the project and its native XMR purposely obscure transaction details in order to make transaction and activity tracing incredibly difficult.
Further, unlike the vast array of transparent blockchains on the market, Monero's privacy features prevent the linkage of sender and receiver addresses. In turn, such unilateral focus on confidentiality is what's set it above the rest as the apex privacy-centric digital currency.
When it comes to its usage, XMR can therefore be used as the most proficient solution for completing secure and untraceable transactions on the blockchain. Further, with demand for crypto transactions set to pump come the next bull run, you can expect the demand and value of this industry-leading privacy token to also skyrocket.
Purchase Methods: Credit Card & crypto (across many crypto exchanges)
Blockchain: Monero
Min/Max Investments: Varies depending on exchange.
As demonstrated by the likes of Anarchy, crypto presales are one of the best ways for getting early access to high-potential coins.
Presales in the cryptocurrency space allocate tokens to early investors through mechanisms like ICOs, operating on a first-come, first-served basis. This enables investors to secure the coin before its public listing on mainstream crypto exchanges. For instance, Tamadoge ($TAMA) participants in presales have witnessed a 20x increase in coin value upon exchange listing, as presales often offer tokens below their true market value to attract early development funding.
Evaluating a coin's potential involves considering its market cap and liquidity. Established projects like Bitcoin and Ethereum, boasting market caps in the hundreds of billions, exhibit enduring strength and liquidity. Conversely, emerging memecoins and projects with smaller market caps may present more promising growth opportunities.
The utility of a crypto project is heavily influenced by its development team, community, and roadmap. Thorough research into the backgrounds, experiences, and past contributions of the development team is crucial for gauging project success. Additionally, projects with robust communities and well-defined roadmaps, accessible through social media and official websites, are more likely to thrive.
It also goes without saying that doxxed teams are always preferred!
By virtue, all of the coins mentioned above possess their own respective merits, as be it gaming utilities, moon potential, blockchain governance mechanisms, or industry-leading privacy, they all offer exciting avenues of investment and ownership.
However after careful consideration over each token's respective ROI and utility offerings, we've placed Anarchy (ANA) as our top pick.
We've chosen such coin due to its pumping potential come the next crypto bull run, as well as the fact that its anti-establishment rhetoric continues to garner substantial popularity across the internet and pop-culture.
Additionally, through being likened to some of the greatest memecoins to ever grace the blockchain, the project offers the most exciting utility, value, and longevity prospects from across the altcoin space.
And finally, the project has already sold billions of tokens, as well as garnered thousands of X followers through organic hype and community engagement efforts. Poignantly, such achievements come in the lead up to its January 2024 CEX launches – i.e. an event that's set to cause a price explosion due to the mass exposure it'll experience.
As a final note, ANA is still on sale via the final phase of its discounted ICO, meaning it's still not too late to ape-in on this gem of a project.
As intuition would suggest, we predict that all of our suggested coins have prosperous futures moving forwards.
However when it comes to your investment decisions, risk preferences may play an important role in determining which cryptos you opt for, as whilst investments in the likes of Solana and Uniswap may boast the most stability, greater gains may be experienced by investing in lower market cap coins such as Anarchy ($ANA). .
Acquiring cryptocurrencies entails several steps, and the following serves as a general guideline:
Additionally, like ANA, cryptocurrencies can be bought through ICOs by connecting wallets/credit cards to the ICO's page.
There are two primary methods for storing cryptocurrencies using wallets/addresses.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.