Cryptocurrency prices continue to struggle as October approaches its end. The fourth quarter of this year saw a strong start, only to be followed by a sharp price drop mere ten days later.
The market has not yet recovered from this decline, with many lower resistances that various coins and tokens managed to overcome with ease in the past now limiting their prices.
With that said, there is an abundance of new cryptocurrencies, as new cryptos go live every day, and some highly promising projects are in their respective ICOs right now. Even during bearish and uncertain markets, there are often newly-launched projects that are performing well, as well as promising presales that are raising millions based on their utilities, cultural significance, or other factors.
So, when established cryptos struggle, many turn to the best new crypto coins in search of a way to make short-term gains, or sometimes, a promising long-term investment.
Best New Crypto Coins To Pay Attention To
Of course, not all new cryptocurrencies are the same, and some hold greater potential than others, whether you are targeting a project already in circulation or the ones still in presale.
This is why doing your research before investing and putting your money on the line is imperative. With that said, here are some projects to consider, as each of them shows promise and could lead to considerable gains.
Best Wallet Token (BEST)
One of the best new crypto coins that is currently in presale, but has massive potential, is Best Wallet Token (BEST). The token is a native cryptocurrency of Best Wallet, and its ICO has seen massive success over the last several months.
The project has managed to raise over $16.73 million so far, and its ICO is seeing more money flow into it with each passing day. Right now, BEST token is selling for only $0.025865, but experts like Borch Crypto, a YouTuber with over 93.2k subscribers, believe that it could see a massive price surge after it goes live, and potentially become the next 100x crypto.
The reason behind the token’s popularity is Best Wallet itself. This is a crypto wallet that has been around for slightly longer than a year now, but it quickly became one of the go-to wallets for crypto users around the world.
Best Wallet is a mobile-only wallet that is feature-rich, but manages to keep things simple enough that even new crypto users can navigate and use its app with ease as soon as they install it.
Meanwhile, the vast range of features makes it attractive to experienced investors and traders, as well. For example, Best Wallet supports multiple major blockchains, and its goal is to enable support for over 60 chains in total. That means that all cryptocurrencies running on those chains will be available in the wallet, allowing users to store them, but also buy them or swap them for one another in the wallet itself.
As a wallet, Best Wallet does not require users to complete KYC, meaning that you can essentially buy and swap coins and tokens anonymously, which is no longer possible on most exchanges. Beyond that, Best Wallet also lets users connect their other wallets to it, so expert investors who have their portfolios in other storage apps can easily monitor and manage their cryptos from one place, rather than go from app to app.
Best Wallet is also non-custodial, and it even has a native launchpad, while its token, BEST, will play a crucial role in letting users purchase new coins and tokens with reduced transaction fees, earn greater staking rewards, join community governance, and access new tokens early. The wallet’s success and the token’s potential have made this one of the best new crypto coins to buy now, and the fact that it is still in ICO lets you do it at a lower price.
Baby Base (BASE)
Another promising new project to consider is Baby Base, which went live on October 26. This is a meme coin built on the Base blockchain, and inspired by Coinbase’s CEO, Brian Armstrong. The project humorously celebrates the growing Base ecosystem, while symbolizing community-driven innovation and the playful side of Web3 culture.
The project has a fixed supply of 21 million BASE tokens, which is a nod to Bitcoin’s own scarcity model. It also promotes transparency, and uses a smart contract that is verified on BaseScan, with ownership renounced and liquidity locked, enabling a safe, fair environment for holders.
Baby Base is meant to be a community token, seeking to unite users through memes, contests, NFT collaborations, and social engagement, and as such, it could be the face of the Base blockchain if it proves to be successful enough.
Its price has seen a sharp surge since launch, going from $0.05544 to $0.12, only to then correct to $0.063. However, this has revealed that it has potential for growth, and its price decline after launch is a common occurrence in the crypto industry, as some early investors took profit after its price skyrocketed.
With that being the case, the project is now ready to find its real value, while interest is likely to boost its price once again, making this the best time to buy.
Maxi Doge (MAXI)
Another excellent option for meme coin enthusiasts is Maxi Doge (MAXI) - a token that aims to bring a fresh new spin for Doge meme coin fans.
With many meme coin users disappointed with Dogecoin due to its apparent inability to bring major gains like it used to and its dependence on Elon Musk’s tweets for any notable price movements, a fresh Doge-based meme coin might be just what the market needs.
Maxi Doge certainly seems like it has captured the investors’ attention, with its ICO soaring rapidly, already at $3.8 million raised, and approaching the $4 million mark.
The project is represented as the Doge meme, but with a muscular body that earned it the nickname of Buff Doge. It is hyperactive and energetic, and it is looking for community members matching its vibe. It plans to trade on 1000x leverage in order to achieve its goal, which is helping retail traders achieve the same gains as crypto whales, even though they lack their capital.
Maxi Doge also believes that most retail investors also lack the whales’ conviction, which is why it plans to act as the embodiment of willpower that will encourage traders and investors to work together and achieve what they could not as individuals.
This attracted the attention of many who rushed to buy MAXI tokens in the ICO, while their price is still only $0.0002655. Especially since experts like those behind the crypto YouTube channel 99Bitcoins, which has over 721k subscribers, seem to believe that MAXI will be the next 100x crypto, and as such, could be one of the best new crypto coins to buy early.
DPIN (DPN)
The last on the list is DPIN - a pioneering blockchain-based project that aims to democratize high-performance computing by building a globally accessible, cost-effective, decentralized GPU computing infrastructure.
It believes that a solution like this is necessary to meet the rising demands of AI, cloud gaming, and other HPC-driven industries.
The platform is powered by DPIN’s native token, DPN, which not only facilitates transactions but also incentivizes resource sharing with rewards and enables community governance through staking and voting.
Ultimately, DPIN aims to bridge the physical and digital worlds and become a leader of the HPC revolution by offering a transparent, scalable solution that empowers developers, enterprises, and individuals alike.
Its token, DPN, is currently in the middle of its second major surge since launch, with the first one taking it to nearly $3.10, while the second one is currently approaching $3 after a brief dip between the two rallies.
Given the potential of its project, as well as the token itself, it could be one of the best new crypto coins to buy now and help it lead the HPC revolution in days, weeks, and months to come.
Conclusion
The best new crypto coins can offer unexpected opportunities even when the rest of the crypto market is struggling, which is why investors and traders alike often choose to take chances with new projects during bearish periods.
While the safest option would be to HODL and wait for the market trend to turn, those interested in new opportunities for short-term profit can always go for promising new projects. Remember that circulating coins and tokens are not the only opportunity out there, however, as cryptos still in presale offer just as much, and often more, potential to earn.
Disclaimer : Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.
