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Last updated on April 14th, 2023 at 11:06 am

The cryptocurrency landscape is constantly evolving, and new coins are emerging all the time. As we move further into 2023, there are certain cryptocurrencies that are worth keeping an eye on.

In 2022, the cryptocurrency market faced numerous challenges and experienced several crashes. These events have caused crypto enthusiasts to focus on cryptocurrencies with strong utility or practical use cases.

Despite the difficult start to the past year, some new cryptocurrencies were introduced later in the year that not only set new presale records but also received high praise for their potential future success.

This article examines a few new cryptocurrencies that may top the charts in 2023, exploring their use cases and why they are highly regarded in the market.

The Top Cryptocurrencies to Watch in 2023

Here are seven interesting new cryptocurrencies out in 2023.

FightOut (FGHT)

FightOut is a fitness platform that employs the Move-to-Earn (M2E) concept to motivate users to achieve their fitness goals. FightOut offers a range of workout routines and fitness programs that can be completed either at home or in one of its gyms, making it both an app and a gym chain.

In addition to traditional gym services, FightOut offers unique earning opportunities through its use of REPS, the platform’s virtual currency. As users improve their fighting skills and make progress in their fitness journey, they can earn REPS which can be used to purchase gear and equipment from the Fight Out Store, receive membership discounts, and access the health bar and coworking space.

FightOut also has a metaverse feature where users can create avatars and compete against each other using its main token, FGHT. The aim of the project is to take M2E to the next level by not only operating real-world gyms in key locations across the globe but also offering a comprehensive approach to enhancing users’ overall health.

Unlike previous M2E protocols that primarily focused on steps and walking and required purchasing expensive NFTs to get started, FightOut concentrates on providing customized strength and cardio workouts in addition to wellness and mental fortitude support.

In addition to high-quality instructional videos and training programs, the app also offers a fully customizable NFT avatar that users can utilize to participate in daily, weekly, and monthly competitions. This avatar acts as a virtual representation of the owner and can be modified at their discretion.

For more information on FightOut, read the project’s whitepaper or join its Telegram group.

Dash 2 Trade (D2T)

Dash 2 Trade is an exceptional tool for traders and investors who wish to enhance their skills and secure themselves against the scams prevalent in the crypto industry.

Dash 2 Trade achieves this by employing data points and signals to aid users in making informed decisions regarding when to buy, sell or hold. This feature is valuable because it helps users avoid crypto pitfalls such as fraudulent projects and investments that could lead to losses.

Among Dash 2 Trade’s most impressive features is its unique system that identifies, tracks, and scores the best new crypto presales. It also provides alerts for initial exchange offerings and coin listings, making it easy to stay informed about the latest opportunities.

The scoring system is based on a variety of factors such as tokenomics, utility, and roadmap. The resulting score, which ranges from 0 to 100, provides a clear indicator of each project’s potential, instilling confidence in investors and enabling them to make informed decisions.

You can learn more about Dash 2 Trade by reading the project’s whitepaper and joining the Telegram group.

RobotEra (TARO)

Despite the struggles faced by the major cryptocurrencies in 2022, new cryptocurrency presales continue to perform well even in bear markets. They offer a great opportunity for investors to diversify their investment portfolios and potentially boost their returns.

RobotEra is a recently launched metaverse world that provides players with various opportunities to earn rewards in-game. The presale of this RobotEra’s native ERC-20 token, TARO, is available for purchase starting at 0.02 USDT.

TARO can be utilized in this metaverse project to acquire robots, which are NFT characters representing players on the TARO planet. The project features 10,000 robot NFTs distributed amongst seven different factions.

In addition, TARO can also be utilized to purchase virtual land NFTs, just like how MANA can be used to buy NFT real estate on Decentraland. All of these NFTs can be traded on the RobotEra NFT marketplace.

TARO can also be used to purchase virtual land NFTs (just like how MANA can be used to purchase NFT real estate on Decentraland). All of these NFTs can then be traded on RobotEra’s NFT marketplace.

Players can build, create, explore, and even mine minerals while earning tokenized rewards within the metaverse. TARO can also be staked on RobotEra’s DAO, where users can contribute ideas for the maintenance of the ecosystem. To learn more about this brand-new crypto project, read the RobotEra whitepaper and join the Telegram channel.

C+ Charge (CCHG)

If you own an electric vehicle (EV), C+ Charge is a cryptocurrency project that you might want to consider paying attention to this year. The project is focused on expanding the availability of electric vehicle charging stations, which is great news for EV owners who have difficulties finding charging stations.

Electric vehicle owners face many challenges, including fluctuating prices, a lack of charging stations, and a lack of real-time information. However, C+ Charge aims to address these issues by using blockchain technology to make it easier for electric vehicle drivers to find charging stations and make payments transparently.

In addition, C+Charge has partnered with Flowcarbon to offer GNT digital tokens. Users that choose to make payments using the blockchain-based payment system will not incur any additional fees.

Interested individuals can learn more about the C+ Charge project and also participate in the presale by visiting C+ Charge website.

Lucky Block (LBLOCK)

Lucky Block is another project that crypto enthusiasts are paying attention to. The project has made a name for itself since its inception by developing a decentralized platform based on NFTs. Lucky Block is the first social gaming platform, and it has given away amazing prizes like vacation packages, Lamborghinis, and even $1 million in Bitcoin.

Lucky Block’s native token, LBLOCK, is supported by both ERC-20 and BEP-20 standards. At its peak, LBLOCK had a market cap of $1 billion, making it one of the fastest-growing cryptocurrencies of the year. LBLOCK tokens are currently available on several exchanges, including LBANK, MEXC, Gate.io, and Uniswap.

Visit Lucky Block’s website for more information on the Lucky Block project and to take advantage of the welcome offer, which qualifies you for a 200% bonus.

MetaBlaze (MBLZ)

Over the past few months, numerous Play-to-Earn (P2E) games have left players feeling unsatisfied due to insufficient rewards and unsatisfactory gameplay. MetaBlaze, however, has taken the initiative to address these concerns by introducing two games that promise to offer better experiences.

The first is an RPG that allows players to embark on exciting adventures and complete quests. The second is a strategic mini-game that challenges players to achieve specific objectives within a limited timeframe. With these new games, MetaBlaze hopes to provide players with more engaging and rewarding gaming experiences.

In most P2E games, players earn the game’s native token as rewards. However, players do not receive the MBLZ token as a reward in MetaBlaze. Rather, MBLZ can be used to buy consumables, gear, or to enhance a player’s chances of winning by taking risks.

It’s worth noting that MBLZ will hold a tangible monetary value. In the end, 48% of the 420 billion token supply will be burned, adding to the token’s scarcity and increasing its value.

However, MetaBlaze’s major selling point is its revolving rewards pool, which offers players the chance to earn Bitcoin, Ethereum, Solana, or BNB. Interested individuals can peruse the MetaBlaze whitepaper for additional information and stay updated with the most recent developments by joining the project’s Telegram group.

Battle Infinity (IBAT)

The Battle Infinity metaverse has taken the market by storm. With its recent presale selling out in a flash, it has quickly gained popularity and emerged as a top contender to watch this year.

What sets Battle Infinity apart is its unique approach that combines Play-to-Earn (P2E) elements with a vibrant virtual world. The Battle Infinity metaverse, also known as “The Battle Arena,” offers six different platforms for players to explore and engage with.

These platforms include an innovative fantasy sports league that uses non-fungible tokens (NFTs), an autonomous decentralized finance (DeFi) exchange that lets players trade tokens instantly, and a built-in NFT marketplace.

In addition, there is an easy-to-use staking system that allows users to earn consistent passive income. Finally, players can access the IBAT Battle Games section, which features a variety of multiplayer player-to-environment games with NFTs.

The Battle Infinity ecosystem is powered by $IBAT (the platform’s native BEP-20 token), with a total supply of 10 billion. Not only can skilled players earn IBAT as a reward, but it can also be used to purchase advertising space on virtual billboards and staked in the “Global Staking Pool.”

CoinSniper, a trusted cryptocurrency verification platform, has verified the IBAT ecosystem through a comprehensive KYC process, ensuring the safety and security of users.

Stay up-to-date with the latest information about Battle Infinity by joining the project’s Telegram group.

How Are New Cryptocurrencies Created?

Cryptocurrencies are unique in that they are built on open-source technology, which allows anyone to easily create a new cryptocurrency by copying the code of an existing blockchain and making modifications to suit their preferences.

In some cases, the code is copied without any modifications, resulting in a new cryptocurrency with the same underlying technical aspects as the original but on a different blockchain.

Another way to create a cryptocurrency is through a process called “forking.” This happens when there is disagreement within a blockchain community about the direction of the blockchain, and this disagreement is not resolved, resulting in the underlying code being modified and a second blockchain being created.

For example, from 2015 to 2017, there were debates about the scalability of Bitcoin (BTC), which led to a hard fork and the creation of a separate cryptocurrency called Bitcoin Cash.

Are New Cryptocurrencies Safe?

Investing in new currencies soon after they are released is a high-risk venture.

Many cryptocurrencies backed by venture capital firms get their first chance to sell liquidity and get their money back when they go public.

In the past, retail investors were used as exit liquidity due to the negligent regulatory space for cryptocurrencies, coupled with the anonymous nature of most founding teams. Retailers can be taken advantage of by predators. When they buy new tokens, insiders and venture capitalists use a lot of selling pressure to drive the price down.

Furthermore, some cryptocurrencies are nothing more than scams, launched in a matter of minutes. The founding team hopes to make quick profits while remaining anonymous behind the blockchain.

In Conclusion

Most of the projects discussed in this guide are still in pre-sale, so you can get in on the action early enough. The low prices will not be available once they are listed on open exchanges, so now is the time to take advantage.
These are just a few of the many cryptocurrencies that are worth watching in 2023. It’s always important to do your own research and invest wisely, but these coins have the potential to be strong performers in the coming year.

Disclaimer: Opinions expressed in opinion articles and editorials on DeFi Planet are those of the author and do not necessarily reflect the views of the DeFi Planet platform. This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence.

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