What cryptos to choose for late 2023?

The crypto market is still uncertain, and many investors are confused about whether it is the right time to buy or sell. Although the crypto market has always bounced back from a bearish period, every bear phase has casualties that may not experience a strong recovery.

Hence, investors must conduct thorough research to choose the right crypto projects to survive in a fair market and thrive in the future. In this article, we will focus on the best cryptocurrencies to choose for late 2023 and discuss a few safe investment practices.


Created by Satoshi Nakamoto in 2009, Bitcoin is the world’s most recognized and largest crypto, running on a blockchain and using a Proof of Work consensus mechanism to keep the currency safe and secure from fraudsters. With a market cap of $666,529,832,344, Bitcoin has been experiencing the wildest ride in the last few years.

Although the king of crypto experienced a difficult time in 2022, the value of BTC has been rising in 2023 and has consistently remained above $28.5K. Bitcoin may cross the $64,732 mark by the end of 2023, boosting the overall crypto market. The fact that Bitcoin has managed to reclaim its position despite its downfall inspires confidence in investors with short-term prospects.


Ethereum is both a blockchain and a crypto, a favorite option for developers and investors due to its potential for experiencing tremendous growth. Ethereum was upgraded to Ethereum 2.0 to cover multiple improvements within the Ethereum blockchain network and tackle a few pressing technical challenges. The shift from the PoW to the PoS model has brought promises to increase scalability, decrease transaction times, and reduce the energy footprint of the network.

With a market cap of $215,118,722,896, we believe ETH price may range between $1,607 and $3,904, with an average value revolving around $2,755 in 2023. Although there has been a slight dip in the value of Ethereum over time, it is only temporary, as investor confidence in ETH will only grow in the long run.


Apart from the top 2 cryptocurrencies, there are at least 1.6M more cryptocurrencies in the world. This has been one of the biggest reasons for retail investors to choose the right cryptocurrency for them. However, we have selected a few coins that could help you make some profits before 2023 ends.

Chainlink (LINK)

Chainlink currently takes the 12th position in the crypto market with a market cap of $6,146,851,735. It is a fully decentralized oracle network with the primary objective of linking decentralized smart contracts with real-world data.

In the last 7 days, it has increased its value by 44%, while in the last 24-H it has increased by 2.05%. According to our LINK crypto price prediction, the token’s value may lie between $5.30 to $12.88 by the end of 2023. With this, there is excellent potential for massive profit only if investors can capture the tokens at the right time.


Binance Coin was launched in 2017 and has expanded by facilitating trades on the proprietary exchange platform. It has a market cap of $35 billion and can be used for payment processing, trading, and booking other arrangements. The main objective of Binance is to limit the circulating supply to 100,000,000 tokens.

Recently, there has been a spike in the demand for BNB tokens owing to the new projects added to the platform’s Binance Launchpool. According to our analysis, the minimum and maximum prices of BNB may range between $230 and $532  and reach a value of $800 by the end of 2025.

Ripple (XRP)

XRP was launched in 2012 by David Schwartz, Arthur Britto, and Jed McCaleb to provide efficient cross-border money transfers. It has a market cap of $29,500,231,767 and may reach a maximum of $0.98 by the end of 2023.

Although Ripple’s XRP was stuck in the SEC controversy, which involved The Court Case, when it won access to internal documents of the Securities and Exchange Commission, which led to its tremendous value surge, crossing the $0.8 mark in 2023.

Safe Investment Practices 

A well-informed, cautious approach can help investors avoid some of the major dangers of crypto investments. To steer clear of any pitfalls, we have provided some of the safest investment practices mentioned below – 

  • Choose a reputable exchange to buy and store digital assets – Many crypto exchanges have suffered devastating attacks from criminals and hackers. Consider selecting a reputed and licensed exchange with robust security features, ease of use, and low fees. Before making any transactions, carry out extensive research and find out customer feedback and reviews. 
  • Portfolio Diversification – An essential tip to participate in crypto investment safely is to diversify the crypto portfolio by adding new tokens to the existing holdings. Investors can also diversify across sectors, expand across geographies, and choose to invest in DeFi projects and blockchain scaling solutions.
  • Risk management – Like any form of investment, crypto is also associated with various risks, such as volatility and market fluctuations, hacking and cybersecurity risks, liquidity risks, etc. Before entering the crypto trading market, investors must define their objectives and time horizons and assess their personal comfort level and risk tolerance with volatility. 
  • Stay informed and updated – The crypto market is highly volatile and dynamic, influenced by different factors, including market development and news. Hence, traders need to stay informed by subscribing to newsletters, joining online communities, and participating in forums to gain insights into the current potential opportunities and market trends.


Bitcoin, Ethereum, BNB, XRP, and Chainlink are the top 5 cryptocurrencies promising tokens to buy in 2023. For crypto investments with long-term potential, investors can go for staples such as Bitcoin and Ethereum, whereas investors with a high-risk appetite can pursue investments in other altcoins such as BNB, Ripple, and Chainlink.

Nevertheless, even if there are potentially incredible returns, investors must research and employ a well-informed investment strategy, considering all risks and market uncertainties.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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