With almost 25,000 cryptocurrencies on the market, finding the ones with the highest gain potential in August 2023 is easier said than done. All of them claim that their solutions to various problems are the best on the market, but the reality is that only a few have what it takes to keep growing, resulting in high gains for all token holders.
10 Best Crypto Coins To Invest In August
Looking for the best crypto coins to invest in August? Here are the top 10 coins that have the most potential and growth prospects.
Choosing a cryptocurrency to invest in was never harder, so we put this guide together to help you get the most out of every investment. The following ten crypto coins rise above others and are considered the best cryptocurrencies to buy in August 2023. So, let's see what these platforms offer and why they attract the most investors this year.
10 Best Crypto to Buy Now (August 2023) Ranked
The list below outlines the top 10 best cryptos to invest in August 2023. You can read more details about them in the review section below.
- Wall Street Memes - Meme coin created and launched by a 1.1 million strong online community, Wall Street Bulls. The community had some massive successes in the past, and since the $WSM presale passed the $22 million mark, it's gearing up for a massive bull run by the end of 2023.
- XRP20 - Advertised as the second coming of Ripple, XRP20 is an independent XRP replica built on the Ethereum blockchain. It's primarily a staking platform with high returns and an excellent deflationary ecosystem. The platform's gaining momentum, raising $1 million from the $3.6 million hard cap.
- Shibie Coin - Emerging meme coin that introduces a new Shiba Inu dog mixed with Barbie's jovial character. The result is a new crypto platform with excellent tokenomics and long-term growth potential. The $SHIBIE token presale surpassed $166k, coming closer to the $999,999 hard cap every day.
- Cowabunga Coin - Cowabunga is a TMNT-inspired meme coin that aims to leverage nostalgia to build a big following and ensure stable growth for all $COWABUNGA token holders. The presale is open, allowing you to get the tokens for as little as $0.000357.
- yPredict - Compelling AI-powered crypto analytics and trading platform designed to help you maximize every investment. It uses AI to analyze markets and predict future asset prices accurately. The presale raised well over $3.2 million so far.
- Chimpzee - Chimpzee is an eco-friendly cryptocurrency platform allowing users to earn passive income by saving endangered animals, fighting climate change, and making the world cleaner.
- Launchpad XYZ - Designed as an all-in-one Web3 platform, users can easily find the best crypto investments, follow ICOs, and get unlimited access to valuable data. The platform is in presale, so you can get $LPX tokens at a discount.
- Cardano - Ethereum's biggest competitor is known for providing a super fast, scalable solution ideal for dApp development. Cardano is gaining momentum this year and could explode by 2025 and beyond.
- Litecoin - A popular crypto launched in 2011, known as one of the oldest altcoins on the market. It's inspired by Bitcoin and could lead to impressive gains in the next few months.
- IOTA - A unique payment protocol for Internet of Things platforms. Its primary purpose is to provide a fast, scalable environment that enables massive transactions in a safe environment.
10 Best Crypto To Buy in August 2023 Reviewed
Read the reviews below and learn more about the best cryptos to buy in August 2023.
1. Wall Street Memes - Highly-Anticipated Meme Coin With Massive Growth Potential
Wall Street Memes is one of the most exciting cryptocurrencies in years. It's a meme coin platform developed and managed by the Wall St. Bulls, a team that has already made its name in the crypto industry. Wall St. Bulls is a Reddit community formed in 2020, and it's responsible for the GameStop stock controversy that pushed one of the largest hedge funds on Earth out of business. Moreover, Wall St. Bulls released an NFT collection of the same name in 2021, raising over $2.5 million in 32 minutes.
The Wall Street Memes is their first try at creating a cryptocurrency platform. Since the community has over 1.1 million members across popular social media, the official $WSM presale is one of the fastest-selling presales in 2023. It raised over $22 million in nine weeks and is closing in on the $30.4 hard cap. Once the presale is closed, $WSM tokens will become available on all major CEX/DEX listings, likely resulting in massive gains for all token holders.
The platform will have 2 billion tokens in circulation, half of which is available during the presale. Another 30% will go to community rewards, and 20% will be used for liquidity. There is no team allocation, so you don't have to worry about rug pulls plaguing the industry for years. So, visit the official Wall Street Memes site and get your $WSM at a discount to enjoy the highest gains in 2023 and beyond.
2. XRP20 - Independent Ethereum-Based Version of XRP With High Staking Rewards
XRP20 is another emerging cryptocurrency made according to the best industry practices. As such, it's grabbing the attention of thousands of investors, signaling a bright future for all token holders. Namely, the new XRP20 token is utterly independent of Ripple, but it's entirely inspired by the original XRP token. For those who don't know, XRP spent the last two years battling a lawsuit against the SEC. Ripple emerged from the ordeal as the winner, and XRP tokens almost instantly doubled their value.
The new XRP20 platform is primarily a staking platform with much more to offer than the original token. Its goal is to provide everyday crypto token holders with high annual yields. It's widely advertised as the "second coming of Ripple," aiming to recreate and even surpass Ripple's massive growth in the past.
If you missed your chance to invest in Ripple early, you can get XRP20 tokens at a massive discount during the presale. The platform offers excellent security, high rewards and comes with a deflationary feature that will burn 0.1% of tokens after every transaction. Out of 100 billion XRP20 tokens, 40% is available in presale. 10% is reserved for DEX liquidity, and another 10% will go towards burn allocation. The presale is still active, but with a low hard cap of $3,680,000, all 40 billion tokens will probably sell out in the next few weeks.
3. Shibie Coin - Community-Backed Meme Coin With A Small Presale Hard Cap
Shibie Coin is another emerging meme coin backed by a massive community that keeps growing every second. It's a crypto platform that combines the world-famous Shiba Inu dog with Barbie's jovial character, creating a diva-like she-dog that won't settle for anything other than greatness.
The platform's token, $SHIBIE, is designed as the utility and could be the next big gainer in 2023. The entire project is infused with funny jokes and a unique charm that sets it apart from all other meme coins on the market. In total, Shibie will have 10 billion tokens in circulation. 6 billion is available during the presale event, while the rest is reserved for liquidity, marketing, collaboration, and CEX/DEX listings.
According to the Shibie Coin Whitepaper, Shibie Coin is surrounded by excitement and humor, but that doesn't mean it won't get serious on the market. The official presale was launched a few days after the new Barbie movie reached theaters worldwide, hoping to mimic the movie's massive success at the box office. $SHIBIE raised over $170,000 out of the $999,999 hard cap, so hurry up and invest to get the highest returns once it goes live.
4. Cowabunga Coin - TNMT-Inspired Meme Coin Expected to Explode After Release
The Cowabunga Coin is another high-gain potential meme coin that appeared in presale in early August. As the name suggests, the project is inspired by the Teenage Mutant Ninja Turtles, and it aims to leverage the nostalgia surrounding the cartoon to attract investors and ensure stable future growth.
The platform will have 4 billion $COWABUNGA tokens, 35% of which are available to early investors. The platform is built on Ethereum, so the $COWABUNGA tokens are ERC-20 coins, allowing you to exchange your ETH or USDT for the coins in presale. The presale's final goal is $500,000, so it's likely to sell out completely by mid-August.
The Cowabunga token is made according to the best industry practices, and as such, it's got excellent tokenonemics built to ensure stable growth. Namely, 20% of the tokens will be used to provide DEX liquidity, and another 25% will be reserved for community rewards and airdrops. The $COWABUNGA tokens are expected to result in 10x gains by the year's end, making it one of the best cryptos to invest in August 2023. Visit the official site to learn more about this high-potential meme coin, and grab your slice of pizza while it's still hot!
5. yPredict - All-In-One AI-Powered Crypto Trading Tool
yPredict is a revolutionary all-in-one AI-powered crypto trading platform that allows users to get the most out of every investment. It uses artificial intelligence to pull and analyze massive amounts of market data in real-time to give users accurate crypto future price predictions. The platform was designed by crypto experts, financial advisors, and experienced traders working together to create a protocol based on in-house predictive models.
Moreover, users can develop their own AI models and sell them in the built-in marketplace. The native $YPRED token is required to unlock the advanced features and tools you need to get the best results. Some available features include pattern recognition, sentiment analysis, transaction analysis, etc.
The presale is currently in stage 7 and has raised over $3.2 million. That means the presale is slowly closing in on the $6.5 hard cap, so there's not much time to get your tokens at a discount. yPredict is built on the Polygon network, so it ensures fast transactions. Head to the official site to learn more about this revolutionary platform and get some $YPRED tokens to up your trading game in the future.
6. Chimpzee - Eco-Friendly Crypto Project With Multiple Token Reward Mechanisms
Chimpzee is another emerging cryptocurrency you should know more about. It's a green crypto project that aims to motivate users to do what they can to help build a better, greener world. Namely, the platform is dedicated to preserving endangered wildlife and spreading awareness about the adverse effects of carbon pollution and deforestation.
To do so, the platform is built with multiple token reward mechanisms. It will partner with many different eco-friendly companies to give users a chance to earn native CHMPZ tokens every time they play a game, shop from partnered brands, and trade NFTs in the built-in marketplace. The platform will also donate a portion of its income to various green projects around the globe, including cleaning up rivers, planting trees, etc.
Chimpzee aims to acquire a $1 billion market cap by rewarding every move users take to help build a better future for humanity. According to the roadmap, it will add new features throughout 2024 and 2025, making it one of the best cryptocurrencies in August 2023. CHMPZ tokens are still available in presale, and most experts predict 20x or 30x growth after it goes live. So, visit the official site to learn more about one of the most eco-friendly cryptos ever appearing on the market.
7. Launchpad XYZ - All-In-One Web3 Platform With Easy Access to Blockchain Technologies
Launchpad XYZ is another new cryptocurrency available in presale in August 2023. It's a unique project designed by a team of blockchain experts to create a one-stop shop for all Web3 users. It will contain everything investors and corporations could need to upgrade their systems with blockchain technologies.
Moreover, the site has a simple design, specifically made for beginners who need help understanding how everything works. Users will also get access to tutorials, guides, and other information they need to identify the features that would help them make the most significant difference after adopting Web3 technologies. Launchpad XYZ will go one step beyond that and provide users with accurate real-time data to help them find the best NFTs, crypto games with the highest rewards, and more.
The team behind Launchpad XYZ has years of experience, and according to the roadmap, all advanced features should be ready by late 2024. The native token, $LPX, will be used to gain access to more advanced features, so if Web3 is something you're trying to get into, getting a few thousand of these tokens is an absolute must. Launchpad XYZ has raised over $1.5 million so far, so head to the official site to learn more about this high-potential crypto platform.
8. Cardano - Staking Platform With High Sustainability and Returns
Cardano is currently ranked as the 8th biggest cryptocurrency platform by market cap, with a total of $10 billion in value. It's a fast, reliable, scalable platform that supports smart contracts and comes with its own programming language called Plutus.
Cardano falls under multiple market niches, some of which are extremely important for crypto markets as a whole. That includes anti-counterfeiting measures, agricultural tracking, credential verification, etc. As such, Cardano has a broad application and will likely stay one of the best investment options for a long time. ADA tokens are still widely considered the best staking option, despite losing value steadily in the past two years. ADA tokens have reached the bottom, allowing you to buy them at a massive discount of around $0.29. ADA is expected to grow as Cardano partners with more companies, driving the token's value back to its previous all-time highs in the next year.
9. Litecoin - More Affordable Version Of Bitcoin
Ranked as the 12th biggest cryptocurrency by market cap, Litecoin is still a popular investment option among millions of crypto traders worldwide. It's also one of the oldest altcoins on the market and practically a modified version of Bitcoin. The platform has 84 million tokens, four times faster than Bitcoin. Like BTC, Litecoin uses the Proof-of-Work approach to allow users to earn tokens, and it is widely called "silver to Bitcoin's gold."
Litecoin went through a halving process on August 2nd and is one of the rare few altcoins that stayed on an up trend since December 2022. LTC tokens are currently hovering around the $82 price mark, and if the current trend continues, they could reach a price of $96 by the end of the year. Most experts agree that the LTC token will be worth as much as $205 by the end of 2025, so it's one of the best cryptos to invest in August 2023.
10. IOTA - IoT and M2M Communication Blockchain Protocol
IoT, or the Internet of Things, is a new system that allows users to introduce blockchain technologies into existing legacy systems using tiny sensors that track every asset in real-time. This technology is currently revolutionizing entire industries worldwide, and the final crypto on our list, IOTA, is designed to thrive in such a system.
IOTA is one of the most popular investment options in 2023, designed to enable microtransactions from one machine to another. However, the token doesn't work on blockchain technologies. Instead, it uses a decentralized acyclic graph algorithm called Tangle. In practice, IOTA helps improve some of the limitations of blockchain technologies, providing extremely fast transaction speeds that don't require approvals, validations, or proposals. IoT technology is still relatively new, so IOTA is expected to stay on an uptrend for years.
Wrapping Up
The ten cryptos covered above show massive growth potential in 2023 and beyond. Each offers unique features that guarantee growth, which is why they are among the most popular investment options in August 2023. However, if we had to choose only one crypto with the highest gain potential, our vote would go to Wall Street Memes. The platform is backed by a 1.1 million-strong community, and if the $WSM token is as successful as the previous projects Wall St. Bulls worked on, you will likely get 10x in returns once the platform goes live.
FAQ
What coin will rise in 2023?
Almost all cryptos are rising in 2023, after the 2022 crypto crash, but Wall Street Memes have the entire crypto community excited. If it delivers as promised, it could become the most significant gainer in 2023.
Which crypto coin has the most potential?
Wall Street Memes is, without a doubt, the crypto showing the most growth potential in 2023. However, other platforms, including Shibie Coin, XRP 20, and others, are excellent investment options.
What is the next big crypto in 2023?
Wall Street Memes is the most anticipated cryptocurrency in 2023, with a hugely successful presale that raised over $23 million in eight weeks.
Which crypto has 1000x potential?
It's hard to say which crypto will lead to 1000x returns. If there is a crypto that would result in such massive returns, it will likely be Wall Street Memes and their $WSM token.