As Bitcoin goes up in price, it will continue outpricing many small investors. Here are nine cryptocurrencies that you could buy in place of Bitcoin.
Bitcoin is the largest cryptocurrency by market capitalization. It also continues to draw the most interest compared to other cryptocurrencies. Bitcoin is now accepted by institutional investors and has even been accepted as legal tender by a country.
Despite its growing adoption, Bitcoin has underperformed most altcoins for years now. This has to do with the hype around new cryptocurrencies and the fact that Bitcoin has now outpriced many new investors.
With new high potential cryptocurrencies entering the market, many of them are much better investments than Bitcoin. If you are looking to make a high crypto ROI in 2023, here are 9 of the best cryptocurrencies with better investment potential than Bitcoin.
Top Cryptocurrencies With Better Potential Than Bitcoin
1. Shiba Inu (SHIB)
Shiba Inu entered the market in 2020 and remains a hot meme coin for investors in 2023. Shiba Inu is a meme coin like Dogecoin and has a proactive community hyping it up. This community helped drive up the hype around SHIB and saw it give 45,000,000% gains in 2021.
The Shiba Inu community continues to grow, and fundamentals are also getting better. For instance, Shiba Inu recently launched its Metaverse and is also on course to burn tokens at an accelerated rate. With all these developments, it's not hard to see why SHIB is an altcoin that could beat Bitcoin in 2023.
Read Also: Shiba Inu (SHIB) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
2. Ethereum (ETH)
Ethereum is the number two cryptocurrency by market capitalization and has, over the years, given investors a stellar ROI. In the future, Ethereum has a lot going for it that it stands out as an altcoin that could beat Ethereum in 2023.
The biggest potential driver of Ethereum is the complete transition to Eth 2.0 within the year. Ethereum 2.0 will make the Ethereum network scale better, and make Ether tokens deflationary. Going forward, Ethereum adoption will go up, and with deflationary tokenomics, the price could go up.
Don't Miss: Ethereum (ETH) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
3. Binance Coin (BNB)
Binance Coin is the cryptocurrency used to pay fees on the Binance exchange and its ecosystem. By using BNB, Binance users pay a lower fee than what they would when using other exchanges.
This incentive to use the Binance Exchange has also seen the value of BNB over time. This coupled with the quarterly Binance Coin burns, makes Binance Coin one of the top cryptocurrencies that could do better than Bitcoin in 2023.
Check Out: Binance Coin (BNB) Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
4. Solana (SOL)
Solana shot to popularity in 2021 as one of the top cryptocurrencies that could dethrone Ethereum. The hype saw Solana rally by over 11,000% in 2021, outperforming Bitcoin by a huge margin.
Solana continues to grow in adoption as a blockchain of choice for DeFi and minting NFTs. As adoption grows, SOL remains a top cryptocurrency that could beat Bitcoin in 2023.
Read Also: Solana (SOL) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
5. Polygon (MATIC)
Polygon shot to popularity in 2021 as one of the blockchains looking to help scale Ethereum. Polygon is designed as an Ethereum layer-2 solution which means it can handle most of the transactions that would otherwise have to be completed on the Ethereum mainnet.
Now that Ethereum is almost close to a complete shift to Ethereum 2.0, the chances are that Polygon is a cryptocurrency that has more potential than Bitcoin in 2023.
Don't Miss: Polygon Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
6. Terra (LUNA)
For the last two years, Terra has been one of the best performing cryptocurrencies. While most cryptocurrencies have struggled since hitting new all-time highs in November 2021, LUNA is one of those that have continued to show strength. LUNA went on to retest its all-time highs in March 2023.
With the adoption of Terra stable coins such as UST on the rise, Terra is likely to keep performing well all through 2023. It is one of the top 10 cryptocurrencies that could outperform BTC this year.
Check Out: Terra (LUNA) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
7. Cardano (ADA)
Cardano is a top 10 cryptocurrency that prides on energy efficiency, scalability, and security. Cardano prides itself in its use of the scientific method, and every important aspect of it is peer-reviewed. In 2021, Cardano introduced smart contracts, and today is gaining adoption in DeFi and NFTs.
As adoption grows, Cardano is a cryptocurrency that can do better than BTC in 2023. It has the fundamentals, and is also a cheap cryptocurrency, perfect for small-time investors.
Don't Miss: Cardano (ADA) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
8. Dogecoin (DOGE)
Dogecoin is one of the hottest meme coins today and has been for the last two years. Dogecoin is the favourite cryptocurrency of billionaire Elon Musk. He was the reason why Dogecoin gained traction in 2020. Now that he is close to buying out Twitter, there is a chance he could use it to push DOGE even further. This coupled with its low price, makes DOGE a meme coin that could beat Bitcoin this year.
Don't Miss: Dogecoin (DOGE) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
9. ApeCoin (APE)
ApeCoin is one of the new hot cryptocurrencies trending in 2023. When it launched in March, ApeCoin was instantaneously listed on all top cryptocurrency exchanges. This gave it unmatched liquidity as a new cryptocurrency.
ApeCoin continues to outperform the broader cryptocurrency market on news of a potential Metaverse launch. If the Metaverse comes to fruition, then ApeCoin is a new cryptocurrency that could beat Bitcoin in 2023. ApeCoin is already doing better than Bitcoin, but the margin is likely to be even bigger if the news favors it.
Don't Miss: ApeCoin (APE) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro – The Best Platform To Buy Cryptocurrencies
Open an account with eToro, deposit some funds with USD, and finally – buy cryptos from just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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